Two key congressional committee chairs announced Wednesday they will develop a public option proposal, marking a key development in the fight over healthcare reform. House Energy & Commerce Committee Chair Rep. Frank Pallone (D-N.J.) and Sen. Patty Murray (D-Wash.), chair of the Senate health committee, requested comments from the public Wednesday on how a public…
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Ford said on Wednesday that it would boost spending on electric vehicles to more than $30bn and that 40 per cent of the vehicles it sold worldwide in nine years would be electric. The Dearborn, Michigan, automaker had already accelerated spending on electric and autonomous vehicles from $11.5bn by the end of 2022 to $29bn…
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This morning Datacy, a startup with its headquarters in Wilmington, Delaware, announced that it has closed $2.4 million in new funding to continue building its consumer-friendly data collection and monetization service. The company is effectively an argument that the preceding sentence is possible. Datacy is a tool that allows individuals to collect their browsing data,…
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Australia’s Ramsay Health Care has delivered a shot in the arm to Spire Healthcare. Its all-cash bid values the group at £2bn. The UK private hospital operator has lurched from crisis to crisis since a bid from its largest shareholder Mediclinic failed in 2017. Ramsay’s offer carries a decent premium. But with Spire shares still…
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NYPA approves three allocations of hydropower from Niagara Power Project | Renewable Energy World No posts to display
Sony plans to splurge on strategic investments. Efforts by the Japanese electronics group to expand its gaming and entertainment services are grabbing media attention. But the group should consider allocating a bigger chunk of resources to a less glamorous business: chip making. For the moment, a $9.2bn semiconductor plant to improve Japanese security of supply…
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India has asked social media firms to provide specific details about whether they have complied with its new IT rules “as soon as possible” and “preferably today” even as the new regulations are being challenged by WhatsApp. In a letter to “significant social media intermediaries” — which New Delhi defines as social media firms with over…
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Stablecoins will strengthen the US Dollar as a reserve currency! Here is our pick of the 3 most important Stablecoin news stories during the week. With the Fed not doing anything soon, whilst China builds and tests it’s CBDC, many commentators have predicted the fast approaching decline of the US Dollar. But wait, most of the…
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Until the end of last year, Asia led the world in its fight against Covid-19. Some countries, such as China, suppressed the virus close to zero; others, such as Taiwan, never let it get started in the first place. Where coronavirus did get a foothold, from Japan to Vietnam and India, most Asian countries managed…
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A proxy fight at the energy supermajor ExxonMobil is set to reach a climax on Wednesday, when shareholders cast votes on company leadership and strategy that will also be a verdict on the future of the oil industry. The balloting follows months of pressure from Engine No 1, an upstart activist hedge fund that wants…
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