The US Senate is now discussing the Build Back Better Act, which includes a much-needed reform of the federal EV incentive. Tesla fans are furious about the $4,500 additional incentive for electric cars made by unions. They see it as one more attack by the Biden administration on Tesla, but they should reframe the issue
A truck passes pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images News | Getty Images President Joe Biden’s administration stands ready to release even more barrels of oil from its strategic reserves should the need arise again, according to the U.S. State Department’s senior advisor
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey stepped down as CEO of Twitter on Monday morning, citing his belief that the company was “ready
Lisa Nandy will move from shadow foreign secretary to shadow levelling up secretary, Sky News understands, as Labour leader Sir Keir Starmer continues a reshuffle of his cabinet. Sky News also understands that Nick Thomas-Symonds is being demoted from his position as shadow home secretary, while Louise Haigh is moving from shadow Northern Ireland secretary
The new Omicron variant of COVID-19 is a “cause for concern and not for panic”, Joe Biden has said. The US president told reporters his decision to restrict travel from countries in southern Africa “gives us time” to take more action. The new variant was initially reported to the World Health Organisation (WHO) by South
Analysis: This isn’t a surprise By Ian King, Sky News business presenter It is no surprise to see Jack Dorsey stepping down as chief executive of Twitter. There has been disquiet for some time among shareholders at Mr Dorsey serving in that role and also at Square, the fintech payments company he co-founded, with Paul
Kanye West, Rihanna and Drake are among many celebrities paying tribute to US fashion designer Virgil Abloh, who has died at the age of 41 after a private battle with cancer. The influential Louis Vuitton menswear designer and founder of fashion label Off-White was diagnosed with cardiac angiosarcoma – a rare, aggressive form of cancer
7:00 AM ET Brady HendersonESPN RENTON, Wash. — When the Seattle Seahawks were on their bye earlier this month, Ken Norton Jr.’s wife took him to see The Spinners at a downtown Seattle jazz club. Angela Norton knew the special place the Motown-era R&B band holds in her husband’s heart. It was all he and
The speed with which new variants of the COVID-19 virus spread around the world can leave government’s scrambling to catch up. What is sometimes more remarkable is the speed with which those new variants are detected. It has taken barely two weeks from the initial testing of ‘patient zero’, before potentially the entire globe is
A judge has ruled that a 14-year-old convicted of shooting schoolboy Keon Lincoln can be now identified. The decision comes as the teenager and four other youths convicted of killing the 15-year-old await their sentences. The judge at Birmingham Crown Court lifted reporting restrictions and Yussuf Mustapha can now be named as the boy who shot
Kawasaki may not be leading the pack when it comes to electric motorcycle innovation, but recent plans at least indicate that the company won’t be the last major motorcycle manufacturer to embrace the future of electric transportation. Despite Kawasaki not yet counting a single production electric motorcycle in its lineup, the company announced last month
A long-time market bull is tempering his outlook due to inflation. Federated Hermes’ Phil Orlando expects the Federal Reserve will lift interest rates six times over the next two years to tame massive price increases from vehicles to shelter to food. “Our best guess is that we will see two quarter point rate hikes out
Six cases of the Omicron coronavirus variant have been found in Scotland, authorities have confirmed. They are in addition to the three already detected in England. Four cases are in the Lanarkshire area and two have been identified in the Greater Glasgow and Clyde area. Scotland’s health secretary Humza Yousaf said: “This will be a
Stock markets across Europe have recovered some losses at the open despite lingering fears the omicron variant will knock the global economic recovery from coronavirus pandemic damage. Following a bloodbath for shares globally on Friday, that saw the FTSE 100 in London suffer its worst daily percentage losses since June 2020, values rebounded somewhat. However,
Researchers at the University of Cambridge have invented a soft, jelly-like material that can endure the equivalent of an elephant standing on it and not explode like a water balloon — even though it’s 80 percent water. When the weight is removed, the material returns to its former shape completely without being permanently deformed. The material,
The Prince of Wales will reaffirm the “myriad connections between the people of our countries” as he flies to Barbados for a ceremony to remove the Queen as head of state and transition to a republic. Prince Charles, who said he believes it is “important” for him to attend the ceremony, arrived in Barbados late
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