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U.S. moves to withdraw Trump rule barring California vehicle emissions regulations

U.S. moves to withdraw Trump rule barring California vehicle emissions regulations

Welcome to the Reuters.com BETA. Read our Editor's note on how we're helping professionals make smart decisions.The Biden administration said on Thursday it is moving to withdraw a Trump administration rule that sought to bar states from setting vehicle emissions rules or set zero emission vehicle mandates.The National Highway Traffic Safety Administration (NHTSA) said it was proposing to revoking the Trump rule issued in September 2019.If finalized, the Trump rule "would no longer be a potential barrier to states implementing tough greenhouse gas and zero emission vehicle regulations," the...

Apr 22
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Foxconn's Wisconsin deal touted by Trump shrinks from 13,000 jobs to 1,454

Foxconn's Wisconsin deal touted by Trump shrinks from 13,000 jobs to 1,454

Welcome to the Reuters.com BETA. Read our Editor's note on how we're helping professionals make smart decisions.People wear masks to protect themselves from the coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn's office in Taipei, Taiwan, June 23, 2020. REUTERS/Ann WangTaiwanese contract electronics manufacturer Foxconn Technology Co Ltd will dramatically scale back its planned investment in an initially planned $10 billion Wisconsin plant, under an agreement announced with the state on Tuesday.The investment was first announced to great...

Apr 20
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S.Korean battery makers agree $1.8 billion settlement, aiding Biden's EV push

S.Korean battery makers agree $1.8 billion settlement, aiding Biden's EV push

By , , (Fixes Volkswagen RIC in paragraph 4)WASHINGTON/SEOUL (Reuters) -South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over electric-vehicle (EV) battery technology, avoiding a potential setback for U.S. EV ambitions.The settlement after marathon talks by affiliates of two of South Korea’s biggest conglomerates was announced just hours before a Sunday night deadline for President Joe Biden’s administration to decide whether to take the rare step of reversing a U.S. International Trade Commission decision (ITC).In a statement, Biden...

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Apr 10
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South Korean battery makers agree last-minute deal in boost to Biden's EV policy

South Korean battery makers agree last-minute deal in boost to Biden's EV policy

By , WASHINGTON (Reuters) - South Korean battery makers LG Chem and rival SK Innovation Co have agreed to settle a trade secrets dispute that has threatened a key Georgia plant and the electric vehicle plans of Ford Motor Co and Volkswagen AG, three sources briefed on the matter said.The Biden administration through the U.S. Trade Representative’s Office (USTR) faced a Sunday night deadline on whether to take the rare step of reversing a U.S. International Trade Commission decision unless the companies had agreed a deal. An announcement of the battery makers’ settlement is expected soon,...

Apr 10
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Boeing production issue prompts airlines to pull some 737 MAX jets from service

Boeing production issue prompts airlines to pull some 737 MAX jets from service

By , WASHINGTON (Reuters) - Airlines suspended the use of dozens of 737 MAX jets on Friday after Boeing Co warned them of a possible electrical fault in the production of some planes.The glitch is the latest problem to beset the U.S. planemaker’s most-sold model but is not related to cockpit safety issues that led to an almost two year grounding, lifted five months ago. The grounding followed two crashes that killed 346 people.Boeing told airlines that repairs for each plane could take a matter of hours or a few days, according to a notification seen by Reuters.The top three U.S. 737 MAX...

Apr 9
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U.S. adds Chinese supercomputing entities to economic blacklist

U.S. adds Chinese supercomputing entities to economic blacklist

By WASHINGTON (Reuters) -The U.S. Commerce Department said Thursday it was adding seven Chinese supercomputing entities to a U.S. economic blacklist for assisting Chinese military efforts.The department is adding Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics, the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi, and the National Supercomputing Center Zhengzhou to its blacklist. The Commerce Department said the seven were “involved with...

Apr 8
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Texas threatens to become next flash point on voting rules

Texas threatens to become next flash point on voting rules

By , , WASHINGTON (Reuters) - Texas appeared on Thursday to become the next flash point on politically charged issues in Corporate America after legislation passed by the state Senate to limit voting access prompted a rebuke from American Airlines.“We are strongly opposed to this bill and others like it,” Fort Worth, Texas-based American said in a statement.The legislation, which is now set to go before the Texas House of Representatives, would eliminate drive-through voting, limit polling site hours and give partisan poll watchers more autonomy.Southwest Airlines, also based in Texas,...

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Apr 1
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U.S. Supreme Court permits FCC to loosen media ownership rules

U.S. Supreme Court permits FCC to loosen media ownership rules

By , WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday allowed the Federal Communication Commission to loosen local media ownership restrictions, handing a victory to broadcasters in a ruling that could facilitate industry consolidation as consumers increasingly move online.In a 9-0 ruling authored by Justice Brett Kavanaugh, the justices overturned a lower court decision that had blocked the FCC’s repeal of some media ownership regulations in 2017 for failing to consider the effects on ownership by racial minorities and women. Critics of the industry have said further consolidation...

Apr 1
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Delta, Coca-Cola blast home state Georgia's voting restrictions as 'unacceptable'

Delta, Coca-Cola blast home state Georgia's voting restrictions as 'unacceptable'

By , WASHINGTON (Reuters) -Coca-Cola Co and Delta Air Lines on Wednesday joined a bid by U.S. companies to challenge the state of Georgia’s new voting restrictions, with both Atlanta-based companies calling the law unacceptable.Microsoft Corp, , which in February announced a major new investment in Atlanta, Georgia’s capital, added its voice, with President Brad Smith saying provisions of the law signed last week “unfairly restrict the rights of people to vote legally, securely, and safely.”Citi Chief Financial Officer Mark Mason said in a LinkedIn post he was “appalled by the recent voter...

Mar 31
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EXCLUSIVE U.S. to ease COVID-19 travel restrictions for Chinese students -sources

EXCLUSIVE U.S. to ease COVID-19 travel restrictions for Chinese students -sources

Welcome to the Reuters.com BETA. Read our Editor's note on how we're helping professionals make smart decisions.The Biden administration will ease travel restrictions allowing Chinese students to come to the United States for classes this fall and from other countries where most non-U.S. citizens are barred because of the coronavirus pandemic, government officials told Reuters.The U.S. State Department is set to announce later on Tuesday it is expanding its national interest exemptions to cover students and academics around the world starting on Aug. 1 after it made the change in March for...

Apr 27
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