HARRISBURG, Pa. — States are doling out more cash than ever to lure multibillion-dollar microchip, electric vehicle and battery factories, inspiring ever-more competition as they dig deeper into their pockets to attract big employers and capitalize on a wave of huge new projects. Georgia, Kansas, Michigan, New York, North Carolina, Ohio and Texas have made …
'War of the states': EV, chip makers lavished with subsidies Read More »
“Our strategy was to be generous in all the rooms and use materials that we left largely in their natural state, Razavi recalls. “As with our other projects, we used a limited selection of materials to emphasize other elements.” The material palette includes oak floors, plastered walls, a dramatic lining for the fireplace, and American …
GENEVA — The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland’s two global banks comes at a thorny time …
Credit Suisse takeover hits heart of Swiss banking, identity Read More »
British travelers are facing hours-long lines as they try to cross the English Channel LONDON — British vacation travelers were stuck in hours-long lines as they tried to cross the English Channel on Saturday, with the Port of Dover in England blaming the delays on bad weather, heavy traffic and processing delays by French authorities. …
UK travelers face hours-long waits for ferries to France Read More »
Image Courtesy of Abobe Stock Employee Ownership as a Succession Planning Option Many successful business owners delay succession planning because they are too busy running their companies, they lack the time to focus on a complex subject outside of their comfort zone or they enjoy working and don’t know how they …
Employee Ownership as a Succession Planning Option Read More »
TOKYO — Evacuation orders were lifted in small sections of Tomioka, a town just southwest of the wrecked Fukushima nuclear power plant, on Saturday, in time for the area’s popular cherry blossom season and Prime Minister Fumio Kishida joined a ceremony there to mark the reopening. The area of about 4 square kilometers (1.5 square …
Small areas reopen near Fukushima nuclear plant, few return Read More »
UNITED NATIONS — Without billions of dollars more to feed millions of hungry people, the world will see mass migration, destabilized countries, and starving children and adults in the next 12 to 18 months, the head of the Nobel prize-winning U.N. World Food Program warned Friday. David Beasley praised increased funding from the United States …
UN food chief: Billions needed to avert unrest, starvation Read More »
ALBUQUERQUE, N.M. — New Mexico produced more than 53,000 tons of its most famous crop during the last growing season, meaning more chile peppers found their way into salsas and onto dinner plates than the previous year. State and federal agriculture officials rolled out the latest numbers this week as New Mexico’s governor signed legislation …
Get it while it's hot: New Mexico boosts chile production Read More »
WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year, and many will get only half that, under rules proposed Friday by the U.S. Treasury Department. The rules, required under last year’s Inflation Reduction Act, are likely to slow consumer acceptance of electric vehicles and could delay …
Many electric vehicles to lose big tax credit with new rules Read More »
SAN FRANCISCO — The top attorney for TikTok and its Chinese parent company ByteDance said Friday the Biden administration hasn’t given any feedback to the company since TikTok’s CEO testified in Congress last week. During a panel conversation at a conference in San Francisco that featured top government officials, tech executives and journalists, TikTok and …
TikTok top attorney reiterates safety measures for users Read More »
