Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

US tech companies yank job offers, leaving college grads scrambling

US tech companies yank job offers, leaving college grads scrambling

June 22 (Reuters) – One by one, over the last week of May, Twitter Inc (TWTR.N) rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15 -minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming … Read more

The Baltic states want more NATO. They won’t get all they seek

The Baltic states want more NATO.  They won’t get all they seek

Baltic states want NATO to boost presence by up to 10 times June summit set to offer pre-positioned equipment and rapid reinforcements in case of invasion Baltics say that option may stumble on infrastructure problems NATO, facing many calls for resources, will set plans for more air, sea defenses later TAPA MILITARY BASE, Estonia, June … Read more

SpaceX faces NASA hurdle for Starship backup launch pad

SpaceX faces NASA hurdle for Starship backup launch pad

Starship prototypes are pictured at the SpaceX South Texas launch site near Brownsville, Texas, US, May 22, 2022. Picture taken May 22, 2022. REUTERS/Veronica G. Cardenas Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 13 (Reuters) – NASA wants Elon Musk’s SpaceX to ensure its plan to launch its next -generation Starship … Read more

How a cheap component could help kill off combustion cars

How a cheap component could help kill off combustion cars

LONDON/BERLIN, May 30 (Reuters) – The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of … Read more

Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction

Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction

BEIJING, May 30 (Reuters) – China’s ‘zero -COVID’ policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy, but it has created bubbles of growth in the medical, technology and construction sectors. The Chinese government, alone among major countries in vowing to … Read more

Tanks, but no ammo – Germany’s Ukraine pledges show military muddle

Tanks, but no ammo – Germany’s Ukraine pledges show military muddle

BERLIN, May 25 (Reuters)-Four weeks ago, Germany agreed to send dozens of anti-aircraft tanks to help defend Ukraine from Russia’s invasion, part of what it called a turning-point after decades of military restraint. Berlin says it can deliver the first Gepard tanks in July. That’s too slow, a Ukrainian parliamentarian said on Tuesday, as Russian … Read more

Boeing’s Starliner capsule docks with space station in uncrewed flight test

Boeing’s Starliner capsule docks with space station in uncrewed flight test

CAPE CANAVERAL, Fla., May 20 (Reuters) – Boeing’s (BA.N) new Starliner crew capsule docked for the first time with the International Space Station (ISS) on Friday, completing a major objective in a high stakes do -over test flight into orbit without astronauts aboard. The rendezvous of the gumdrop-shaped CST-100 Starliner with the orbital research outpost, … Read more

Exclusive: China quietly increases purchases of low-priced Russian oil

Exclusive: China quietly increases purchases of low-priced Russian oil

SINGAPORE, May 20 (Reuters) – China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February. The move by the world’s biggest … Read more

EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

WASHINGTON, May 11 (Reuters) – Boeing Co (BA.N) is feuding with Aerojet Rocketdyne (AJRD.N), a key supplier for its Starliner spacecraft, as the US aerospace giant races to test launch the uncrewed astronaut capsule and mend its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled for a … Read more