How California stands to gain from historic new climate and energy bill

Billions for electric cars, solar and wind power are expected to boost state's clean energy efforts and industries

Here Are The Winners And Losers In The 'Inflation Reduction Act'

Here Are The Winners And Losers In The 'Inflation Reduction Act' As Democrats pat themselves on the back after the Senate finally passed their massive tax, climate, and healthcare...

As Meta ($META) Stock Says Panic, Facebook Ads Make Billions

As Meta ($META) Stock Says Panic, Facebook Ads Make Billions  Bloomberg

Green Myths and Hard Realities: Sri Lanka as a Warning

With Sri Lanka’s short-lived green revolution of 2021 having quickly devolved into a real revolution just one year later, complete with the ouster of former president Gotabaya Rajapaksa’s...

Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions More

The biggest favors in the Manchin-Schumer bill are going to – who else? — Big Wind and Big Solar. Indeed, the language in the bill assures that the federal tax credits for wind and solar will not...

The Inflation Reduction Act, explained

Rep. Carolyn Maloney (D-NY) speaks during a news conference in September 2021 on the “billions of dollars taxpayers could have saved if Medicare was allowed to directly negotiate the price of...

What Amazon Just Said Could Mean Billions in More Growth

Management believes Amazon Web Services is still in the early stages of growth.

Got Hidden Income? The IRS May Get More Money to Find You

The agency could get billions of extra dollars to go after high-earning tax cheats. Here are the areas auditors may focus on if they get more resources.

How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily...

Something about Sunny Aggregator felt off-kilter to the cryptocurrency user known as Saint Eclectic. Still, Saint and others had questions: Who was behind Sunny? Why was its developer, one “Surya...

This Vietnamese EV Maker Is Pouring Billions Into the U.S. Market and Could Rival Tesla

The EV company raised $4 billion for a North Carolina factory and plans to go worldwide.

Advocates: Senate bill means environmental health, also harm

Billions of dollars in climate and environment investments could flow to communities in the United States that have been plagued by pollution and climate threats for decades, if the proposed...

Pound Crashes After BOE Hikes By Most Since 1995, Starts Gilt Sales Yet Warns Of Crushing Stagflationary Recession

Pound Crashes After BOE Hikes By Most Since 1995, Starts Gilt Sales Yet Warns Of Crushing Stagflationary Recession In what may be the most dovish double-rate hike in history, moments...

Airlines Are Saving Billions By Hedging on Fuel Prices

Hedging may not be a basic flight maneuver, but it's helping some airlines weather the year's economic thermo turbulence. Thanks to hedges on...

Congress Is Giving Billions to the Chip Industry. Strings Are Attached

Intel told Commerce Department officials that it was considering expanding its manufacturing capacity. The new facility, the company said, could help ease a global chip crunch. Intel ultimately...

Congress Is Giving Billions To The U.S. Semiconductor Industry. Will It Ease Chip Shortages?

The CHIPS and Science Act includes $52 billion in subsidies for domestic production, and there are claims that the act will “bring the semiconductor supply chain from China to Michigan,” or that...

Democrats at Odds Over EV Tax Credit in Manchin-Schumer Bill

Democratic Sen. Debbie Stabenow is pushing for last-minute changes to the $433 billion bill. She says the EV tax credit, worth billions of dollars, wouldn't be usable for years under the deal....

Congress Is Giving Billions to the Chip Industry. Strings Are Attached

Intel told Commerce Department officials that it was considering expanding its manufacturing capacity. The new facility, the company said, could help ease a global chip crunch. Intel ultimately...

Billions In Bitcoin Mining Loans Are Likely Underwater

Financing for bitcoin mining is one of the quiet casualties of the bear market, with billions in outstanding loans now shot to pieces as a result of the downturn. As a result, several have been...

Michael Saylor Bet Billions on Bitcoin and Lost

In 2020, MicroStrategy stock was stagnant, and the tech company struggled to compete with software giants. “We were either going to die a fast death, or a slow death,” Saylor said. Saylor: “I...

Michael Saylor Bet Billions on Bitcoin and Lost

The longtime MicroStrategy CEO, and perhaps the biggest bitcoin bull, steps down.

Congress Is Giving Billions to the Chip Industry. Strings Are Attached

Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.

BP earnings triple as energy firm profits from rising prices

LONDON (AP) — BP’s earnings tripled in the second quarter as the British energy giant profited from oil and natural gas prices that soared after Russia invaded Ukraine.London-based BP said Tuesday...

Pelosi arrives in Malaysia, tensions rise over Taiwan visit

KUALA LUMPUR, Malaysia (AP) — U.S. House Speaker Nancy Pelosi arrived in Malaysia on Tuesday for the second leg of an Asian tour that has been clouded by an expected stop in Taiwan, which would...

Truss Plans 'War' on UK Civil Service 'Waste' to Save Billions

Manchin Spending Deal Includes Billions in Tax on Oil

Manchin Spending Deal Includes Billions in Tax on Oil  Bloomberg

Bumps, bipartisanship in long fight for semiconductor bill

WASHINGTON (AP) — Five weeks ago, senior Biden administration aides gathered for their regular Thursday morning meeting about passing a bill to revive the U.S. computer chip sector, worried that...

Pelosi meets Singapore leaders at start of Asia tour

KUALA LUMPUR, Malaysia (AP) — U.S. House Speaker Nancy Pelosi held talks with officials in Singapore on Monday at the start of her Asian tour, as questions swirled over a possible stop in Taiwan...

Manchin Spending Deal Includes Billions in Taxes on Oil Sector

VCs Squandered Billions on Scooter Startups. Markets Think They’re Worth a Pittance

Investors' bets on micromobility upstarts, most of which rely wholly or partly on electric scooters, hasn’t gone particularly well.

Europe’s Race to Secure New Energy Sources Is on a Knife’s Edge

Fears growing that a cutoff of Russian gas will force governments to ration fuel and businesses to close factories. Officials and heads of state are flying to Qatar, Azerbaijan, Norway and Algeria...

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