Michigan governor says state is well positioned for piece of $52 billion in chip manufacturing subsidies
Michigan;s Gov. Gretchen Whitmer says that her state is in a good position to get a piece of the $52 billion in new subsidies for semiconductor chip manufacturing.
Lamborghini braces for cold winter after a record first half
After recording a record first half, Lamborhighini's Chief Executive Stephan Winkelman said that they are preparing for a challenging winter if Europe's energy crisis gets worse.
US refuses restrictions on audit papers of Chinese companies listed in New York
The U.S. public company accounting regulator has made it clear that it will not be accepting any restrictions on its access to audit papers of Chinese companies listed in New York.
Crypto arm of Robinhood fined $30 million by New York State's financial regulator
The crypto arm of Robinhood has been fined $30 million by New York state's financial regulator for allegedly violating anti-money-laundering, cybersecurity and consumer protection rules.
US adds 25 Russian operated Airbus airplanes to export violation list
The U.S. Commerce Department plans on adding 25 Airbus airplanes operated by Russian Airlines to their export violation list as part of the Biden administration's sanctions on Russia.
Apple sued by French app developers for supposedly overcharging for app store access
French app developers, Société du Figaro and L'Équipe 24/24, are suing Apple Inc over supposedly being overcharged to have their apps on the Apple app store.
Axcella's new long COVID medication helps some patients in small trial
Clinical trials of a new drug aimed at tackling symptoms of long COVID, made by Axcella, show that the drug worked in helping some patients overcome their fatigue.
CanSinoBIO's inhaled COVID booster more effective against BA.1 Omicron subvariant than Sinovac's injectable
China's CanSinoBio's inhalable coronavirus booster has shown to provide better protection against the BA.1 Omicron subvariant than Sinovac's injectable boosters in clinical trials.
Biden EPA plans to tackle coal industry by enacting new limits on other pollutants
The Biden EPA is planning on issuing new limits on traditional pollutants such as ozone and carbon ash in an effort to divorce from the country's dependence on coal-fired power plants.
Shenzhen inches China closer to their driverless car dreams, with autonomous 'robotaxis'
The Chinese city of Shenzhen is making huge leaps in the autonomous vehicle sector after rolling out 100 trial "robotaxis," providing over 50,000 rides in the last year.
British businesses cutting ties with China over increasing political tensions
British businesses are beginning to sever ties with China as political tensions between the two nations continue to increase, stoking further inflationary pressure.
US warns that semiconductor subsidies will not be used for firms to 'pad their bottom line'
The U.S. Commerce Department has made it clear that subsidies for semiconductor manufacturing in the U.S. will not be given to simply boost revenue but to ensure domestic production.
US considers cutting back on memory chip supplies to China
The United States may begin cutting back on shipments of American equipment used to manufacture memory chips in China in an effort to halt China's advances in the semiconductor sector.
US and Japan launch joint semiconductor research hub
The United States and Japan have teamed up to create a joint international semiconductor research hub, in hopes of developing the next generation of semiconductors.
UK companies to comply with climate change agenda or face 'action', says watchdog groups
UK companies to face "appropriate action" by government regulators if they are caught downplaying risks from climate change in order to help their bottom line.
Facebook and Twitter under bipartisan fire for failing to tackle Russian disinformation on their platforms
Meta's Facebook, Twitter and Telegram have come under fire by both Democrats and Republicans for failing to keep Russian disinformation under control on their platforms
GSK's Generic low-cost HIV prevention drug expected to be ready in 2026
Low-cost preventative HIV medication may be ready as early as 2026, as British pharmaceutical company GSK strikes a deal allowing developing countries access to generic versions.
German solar energy initiative held up by bureaucratic red tape and angry locals
In the face of an unprecedented energy crisis, Germany is trying to move forward with their ambitious solar initiative, but bureaucratic red tape and angry locals are causing delays.
Cruise ship operators are hard hit by labor crisis, recession anxiety
Labor shortages, inflation, and threats of a recessionary are creating a perfect storm for the cruise industry. Analysts have cut their revenue estimates for cruise operators by 5%.
Apple Watch will play major role in company's health technology strategy
Apple unveiled its digital health markets strategy on Wednesday. The Apple Watch will play a major role in its plan to appeal to customers with health and fitness features.



















