Taiwan President Warns Of ‘volatile’ Challenges Facing Chip Industry
TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen warned the semiconductor industry faces new and “volatile” challenges, but said her government…
Reuters
Dutch Students Devise Carbon-eating Electric Vehicle
By Dan Fastenberg (Reuters) – The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It…
Wall St Staggers To Higher Close As Fed Rate Hike Looms
(In paragraph 7, updates CME likelihood of 100 bps rate hike) By Stephen Culp NEW YORK (Reuters) – Wall Street…
U.S. Investments In Foreign Chip Firms A Potential Concern, White House Says
By Alexandra Alper WASHINGTON (Reuters) -U.S. investment in foreign chip companies is a potential concern for the Biden administration, a…
Stocks Dip On Fed Concerns, Yen Strengthens On Potential Japan Intervention
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stock markets stumbled for a second straight day on…
Biden Declares ‘Detroit Is Back’ As He Lauds Shift To Electric Vehicles
By David Shepardson and Jeff Mason DETROIT (Reuters) – President Joe Biden took a victory lap on Wednesday at the…
Bosch To Build $215 Million Plant In Central Mexico
(Corrects description of product to be made in new plant; corrects name of parent company to Bosch Group from Bosch…
Suspicious Minds Leave UK Assets All Shook Up
By Andy Bruce LONDON (Reuters) – There is trouble ahead for Britain’s new finance minister Kwasi Kwarteng: a marked shift…
Wells Fargo In $94 Million Settlement Over Mortgage Forbearance During Pandemic
By Jonathan Stempel (Reuters) – Wells Fargo & Co has reached a $94 million settlement to resolve class-action claims it…
Ford’s New Mustang Keeps Old-fashioned Horsepower Alive
By Joseph White DETROIT (Reuters) – Detroit’s automakers say they are ready to go all-electric, but at the Motor City’s…