Laurel winner puts travel plans on hold for six-figure lottery jackpot
BALTIMORE, MD — A Laurel resident’s travel plans were put on hold after a $10 Maryland Lottery Grand Progressive FAST PLAY ticket turned into a $184,769 jackpot win. The lucky player purchased…
Italy plans $2.2 billion fund to support key supply chains
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy plans to set up a fund with at least 2 billion euros ($2.2 billion) at its disposal to bolster strategically important supply…
Biden plans to sign order curbing US tech investments in China by mid-August -Bloomberg
(Reuters) – U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in China by mid-August, Bloomberg news reported on Friday, citing people familiar with…
Rheinmetall plans tank repair centre in Ukraine after summer break -CEO
BERLIN (Reuters) – Germany’s Rheinmetall plans to set up a repair centre in Ukraine for Leopard tanks and other war equipment supplied by Berlin as early as late summer, the industrial group’s…
Meta plans retention ‘hooks’ for Threads as more than half of users leave app
By Katie Paul and Sheila Dang NEW YORK (Reuters) – Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half…
First Solar plans $1.1 billion investment in fifth U.S. panel factory
By Nichola Groom (Reuters) – First Solar Inc on Thursday announced plans to spend up to $1.1 billion on what will be its fifth U.S. factory to meet booming demand for American-made…
Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News
(Reuters) -Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday, citing people familiar with the matter.…
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
JAKARTA (Reuters) – Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is still in…
Bank of England to check credibility of top banks’ wind-down plans
By Huw Jones LONDON (Reuters) – The Bank of England said on Monday it will check from October whether top banks can be smoothly wound down in a crisis after the forced…
China to make plans to stabilise growth of 10 sectors, including auto, steel
BEIJING (Reuters) – China will formulate plans to stabilise growth in 10 sectors, including auto and steel, Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, told a press conference…
Aurora Innovation plans $600 million private placement, shares fall
(Reuters) – Self-driving technology firm Aurora Innovation said on Tuesday it plans to sell $600 million worth of class A common stock in a private placement, sending the company’s shares down more…
German union calls for better staffing at Tesla plant amid expansion plans
FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German gigafactory as it prepares to expand, with the carmaker due to publish…
Biden Admin Plans To Wipe $39 Billion In Student Debt For Thousands Of Borrowers After SCOTUS Smack Down
Biden Admin Plans To Wipe $39 Billion In Student Debt For Thousands Of Borrowers After SCOTUS Smack Down Reagan Reese on July 14, 2023 The Department of Education (DOE) announced Friday that…
Supreme Court’s Embrace Of This Legal Theory Means Biden’s Sweeping Electric Vehicle Plans Could Be Unconstitutional
Supreme Court’s Embrace Of This Legal Theory Means Biden’s Sweeping Electric Vehicle Plans Could Be Unconstitutional Katelynn Richardson on July 12, 2023 The Environmental Protection Agency (EPA) announced historically strict vehicle tailpipe…
‘Exceedingly Dangerous’: Here’s How The UN Plans To Massively Expand Its Influence
‘Exceedingly Dangerous’: Here’s How The UN Plans To Massively Expand Its Influence Jake Smith on July 12, 2023 The U.N. is planning to unveil sweeping policy proposals that would massively expand its…
Uber CFO Nelson Chai plans to step down – Bloomberg News
(Reuters) -Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai informed Uber CEO Dara Khosrowshahi…
LeapFrog plans $500 million investment in Asian, African climate transition firms
By Simon Jessop LONDON (Reuters) – Sustainability-focused asset manager LeapFrog Investments said it plans to invest $500 million in companies addressing climate change in Asia and Africa, with projects it hopes will…
Factbox-Chinese electric vehicle investment plans in Thailand
(Reuters) – Chinese electric vehicle manufacturers are pouring into Thailand, having committed to invest $1.44 billion in production facilities in Southeast Asia’s biggest automaking hub that has long been dominated by Japanese…
FC Barcelona plans to list digital unit on Nasdaq via SPAC -Expansion
MADRID (Reuters) – Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a special purpose acquisition company (SPAC), newspaper…
Uber, Facebook linked to PwC Australia tax schemes based on leaked government plans
By Lewis Jackson SYDNEY (Reuters) – PwC Australia advised Uber and Facebook how to restructure in face of an Australian law clamping down on tax avoidance, but both companies said on Friday…
Biden to crack down on short-term health insurance plans -Politico
(Reuters) -U.S. President Joe Biden’s administration on Friday is expected to propose a new regulation cracking down on short-term health insurance plans, Politico reported, citing five Democrats with knowledge of the matter.…
PwC asked to name companies it pitched on basis of leaked Australian tax plans
By Lewis Jackson SYDNEY (Reuters) – Two lawmakers on Thursday called on PwC Australia to name all the companies it sought to advise on the basis of leaked government tax plans, after…
Germany plans $18.1 billion in new borrowing for 2024 – sources
By Holger Hansen and Maria Martinez BERLIN (Reuters) -German Finance Minister Christian Lindner is planning 16.6 billion euros ($18.1 billion) of net new debt for the 2024 federal budget, which includes record…
South Korea’s POSCO plans $93 billion of investment by 2030
SEOUL (Reuters) – South Korean steelmaking and materials conglomerate POSCO Group, headed by POSCO Holdings, said on Monday it plans to invest 121 trillion won ($93 billion) by 2030 for growth in…
Dem Governor Throws A Wrench Into Biden’s Green Energy Plans
Dem Governor Throws A Wrench Into Biden’s Green Energy Plans Nick Pope on June 28, 2023 Democratic Maine Gov. Janet Mills vetoed a bill Monday that would have bolstered Maine’s offshore wind…
Ford Plans More Mass Layoffs After Getting Multibillion Dollar Loan From Biden: REPORT
Ford Plans More Mass Layoffs After Getting Multibillion Dollar Loan From Biden: REPORT John Hugh DeMastri on June 27, 2023 Ford Motor Co. is set to lay off at least 1,000 employees…
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