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

‘Mysterious’ company sued to expose billionaire’s Twitter critic. It didn’t go well.

‘Mysterious’ company sued to expose billionaire’s Twitter critic.  It didn’t go well.

Law firms Related documents (Reuters) – A company with “mysterious” origins and a “vague” business model tried to use the Digital Millennium Copyright Act to force Twitter to disclose the identity of an anonymous user who criticized private -equity billionaire Brian Sheth. That strategy backfired in quite spectacular fashion on Tuesday: A San Francisco federal … 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

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

Europe’s largest meat-eating dinosaur found on Isle of Wight

Europe’s largest meat-eating dinosaur found on Isle of Wight

June 9 (Reuters) – Fossilized bones discovered on a rocky seashore on England’s Isle of Wight are the remains of a meat -eating dinosaur that may be larger than any other known from Europe, a beast that was a cousin of the biggest carnivorous dinosaur species on record. Paleontologists said on Thursday they have found … Read more

US wheat crop hit by dry winter then soggy spring, adding to global tightness

US wheat crop hit by dry winter then soggy spring, adding to global tightness

May 31 (Reuters) – North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tonnes of wheat supply. Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted … 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

In a faceoff with Elon Musk, the SEC blinked

In a faceoff with Elon Musk, the SEC blinked

Judge’s remarks in 2019 knocked SEC’s confidence court would back them Core issue – what is “material” information – was left to Musk and Tesla to decide As some tweets went unvetted, SEC opted to urge Musk to comply, rather than go to court SEC was also uneasy about risk of starting litigation given Musk’s … 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

Strong US retail sales, manufacturing output boost economic outlook

Strong US retail sales, manufacturing output boost economic outlook

Retail sales increase 0.9% in April March retail sales gain raised to 1.4% from 0.5% Core retail sales up 1.0%; March revised to show 1.1% gain Manufacturing production increases 0.8% in April WASHINGTON, May 17 (Reuters) – US retail sales rose strongly in April as consumers bought more motor vehicles amid an improvement in supply … Read more