Auto industry seeks to soften Biden vehicle emissions proposal
By David Shepardson (Reuters) -The trade group representing nearly all major automakers wants the U.S. Environmental Protection Agency to soften…
Business
Chip stocks drop as U.S. mulls fresh curbs on AI access to China
By Medha Singh (Reuters) – Shares of U.S. chipmakers fell on Wednesday following reports that the Biden administration was planning…
Businesses criticise new EU data rules, consumer group sees missed opportunity
By Foo Yun Chee BRUSSELS (Reuters) – Businesses and Big Tech on Wednesday criticised European Union data rules agreed between…
UPS working with experts after phishing attack on some shippers, customers
(Reuters) -United Parcel Service said on Wednesday it is working with law officials and outside experts following reports of phishing…
Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes
By Stephen Culp NEW YORK (Reuters) – The Nasdaq Composite Index closed higher and the dollar rebounded on Wednesday as…
Biden administration raises record $105 million in Nevada solar energy auction
(Reuters) – The Biden administration said on Wednesday it raised $105 million from solar power developers at a lease auction…
Biden administration aims $2 billion in grants at US electric vehicle transition
By Timothy Gardner and Joseph White WASHINGTON/DETROIT (Reuters) -President Joe Biden’s administration on Wednesday said it intends to invest $2…
Boeing says about 90% of China 737 MAX jets have resumed commercial operations
BEIJING (Reuters) -About 90% of Boeing’s China 737 MAX jets have resumed commercial operation as of the end of June,…
Solvay reaches nearly $393 million PFAS settlement with New Jersey
BRUSSELS (Reuters) -The U.S. branch of Belgian chemicals company Solvay has struck a nearly $393-million deal with the New Jersey…
US hunger rates rise as pandemic aid ends, data shows
By Leah Douglas (Reuters) – Food insecurity is rising in the U.S. as the end of pandemic-era aid and higher…