By Jeff Mason and Steve Holland WASHINGTON (Reuters) -President Joe Biden celebrated his climate change and drug pricing law, The Inflation Reduction Act, on Tuesday on the White House lawn, highlighting Democrats' commitment to progressive priorities even as high consumer…
WASHINGTON (Reuters) -Owners of some Hyundai and Kia SUVs that were recently recalled over fire risks should park them outdoors and away from homes until they are repaired, the U.S. Department of Transportation said on Tuesday. The South Korean automakers…
By Daniel Wiessner (Reuters) -A California administrative agency has declined to review Tesla Inc's claim that the state's civil rights watchdog suing the company for race bias at an assembly plant is rushing to sue businesses without conducting full investigations.…
By David Lawder WASHINGTON (Reuters) - As a political messaging war rages over $80 billion in new Internal Revenue Service funding, a U.S. Treasury official is pushing back on an informal estimate that the money could cause Americans earning less…
By David Shepardson WASHINGTON (Reuters) -The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The "emerging and foundational…
By David Shepardson WASHINGTON (Reuters) - Two U.S. lawmakers who chair subcommittees overseeing auto safety asked the federal auto safety regulator for a briefing on its probes into crashes involving Tesla Inc electric vehicles using Autopilot and advanced driver assistance…
By Laura Sanicola NEW YORK (Reuters) - U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more carbon intense and less efficient than renewable…
WASHINGTON (Reuters) - The roughly $430 billion climate, drugs and tax bill that U.S. Senate Democrats are trying to push through Congress will include a new excise tax on stock buybacks, Majority Leader Chuck Schumer said on Friday. Lawmakers agreed…
By David Shepardson WASHINGTON (Reuters) - Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new subsidies. "The state of Michigan is uniquely positioned," Whitmer…
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) - The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter,…