In May of last year, I wrote about how U.S. Treasury Department’s then-proposed rules for the hydrogen production tax credit (Internal Revenue Code Section 45V) could impact the Environmental Protection Agency’s (EPA) power-plant…
Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law Nick Pope on July 20, 2023 Foreign companies have been the biggest winners of President Joe Biden’s 2022 signature…
Despite Billions In Taxpayer Funding, Blue City’s Schools Are Literally Falling Apart Mia Hernandez on July 17, 2023 Nearly 4 in 10 Philadelphia schools were assessed and rated as having “unsatisfactory” conditions…
Wealthy Elites Oversaw A Massive Bank Collapse. Now They’re Suing To Claw Back Billions Jason Cohen on July 10, 2023 The wealthy board of directors who presided over the failure of California…
Pharma Giant Selling mRNA Drugs To China After Getting Billions In US Taxpayer Money Laurel Duggan on July 6, 2023 Moderna, an American pharmaceutical giant that developed mRNA technology with the help…
LA Has Spent Billions To Fix Its Homeless Problem — It Doesn’t Seem To Be Working Laurel Duggan on June 30, 2023 Los Angeles spends more than $1 billion annually addressing its…
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp as it expands a cloud computing service targeting a new wave of…
‘Dangerous Proposition’: Biden Admin Power Players Directing Billions In Subsidies Raises Cronyism Risk, Watchdogs Say Nick Pope on June 27, 2023 Democratic insiders within the Biden administration have been tasked with guiding…
LONDON (Reuters) – Britain, the United States and the European Union pledged billions of dollars of extra help to rebuild Ukraine on Wednesday. Below are the details of some of the commitments…
By Paul Lienert and Joseph White DETROIT (Reuters) – General Motors has signaled in a series of recent announcements on plant retoolings that it plans to keep its largest and most profitable…
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight…
Sackler Family Agrees To Pay Billions In Exchange For Blanket Immunity For Purdue Pharma’s Role In Opioid Crisis Jason Cohen on May 31, 2023 The billionaire Sackler family that owns Purdue Pharma…
House Passes Pandemic Fraud Bill To Recover Billions In Illicit COVID-19 Unemployment Payments Arjun Singh on May 11, 2023 The Republican-led House of Representatives passed a bill to address COVID-19 unemployment fraud…
Biden Admin To Shell Out Billions Putting Solar Panels On Low-Income Housing John Hugh DeMastri on May 11, 2023 The Biden administration will announce nearly $5 billion in grants and loans to…
Blue States Lost Billions In Revenue As Americans Fled To Texas And Florida Laurel Duggan on May 2, 2023 Democrat-led states including California and New York hemorrhaged residents to red states like…
By Josh Smith SEOUL (Reuters) – Leading South Korean and U.S. companies announced billions of dollars in investments, joint ventures and other plans on Tuesday, as President Yoon Suk Yeol kicked off…
Sen. Steven Oroho and Sen. Declan O'Scanlon responded to a State Auditor report that shows that more than $5 billion in pandemic relief funds remains unspent by the Murphy administration nearly two…
Big Banks Raking In Billions Following Federal Bailouts As Smaller Banks Suffer Jason Cohen on March 30, 2023 Bank customers moved billions of dollars in deposits from smaller institutions to larger ones…
SCOTUS Declines To Hear Case Of Trial Lawyer Who Bribed Judge To Bilk US Oil Company For Billions Katelynn Richardson on March 27, 2023 The Supreme Court declined to hear the appeal…
OTTAWA (Reuters) – The United States will probably be investing billions of dollars in packaging semiconductors in Canada, U.S. President Joe Biden said on Friday during a news conference with Canadian Prime…
Major Automaker Expects It Will Hemorrhage Billions From Its Electric Vehicle Business John Hugh DeMastri on March 23, 2023 Ford expects to lose $3 billion on its electric vehicle department this year,…
BERLIN (Reuters) – Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to…
Big Tech Pledged Billions To ‘Racial Justice’ Amid BLM Protests. Now They’re Laying Off Thousands Laurel Duggan on March 17, 2023 America’s top tech companies collectively pledged billions to various causes purporting…
Biden’s Latest Student Loan Gambit Could Cost Billions, Experts Say Alexa Schwerha on March 14, 2023 The Biden administration’s latest plan to reform student loan repayments could cost $230 billion over a…
Army Plans To Spend Billions On Attracting New Troops In 2024 As Recruiting Challenges Are Expected To Persist Micaela Burrow on March 14, 2023 The U.S. Army plans to spend billions on…
New Biden Admin Rules Could Cost Consumers Billions On Household Appliances John Hugh DeMastri on March 6, 2023 A pair of proposed rules from the Biden administration’s Department of Energy (DOE) would…