[1/7]U.S. President Joe Biden announces a $42.45 billion national grant program for high-speed internet infrastructure deployment called the Broadband Equity Access and Deployment (BEAD) program, at the White House in Washington, U.S., June 26, 2023. REUTERS/Jonathan Ernst WASHINGTON, June 26 (Reuters) – The White House on Monday divvied up $42 billion among the nation’s 50… Continue reading article with gallery
Category: Uncategorized
John Goodenough, Nobel laureate and battery pioneer, dies at 100
[1/2]John B. Goodenough, 2019 Nobel Prize in Chemistry winner, speaks during a news conference at the Royal Society in London, Britain October 9, 2019. REUTERS/Peter Nicholls/File Photo June 26 (Reuters) – Nobel laureate John Goodenough, a pioneer in the development of lithium-ion batteries that today power millions of electric vehicles around the globe, died on… Continue reading John Goodenough, Nobel laureate and battery pioneer, dies at 100
Worldcategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Untitled
WASHINGTON, June 26 (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by website Genius to revive its lawsuit accusing Alphabet’s Google (GOOGL.O) of misusing its transcripts of song lyrics in search engine results without a license. The justices turned away an appeal by Genius of a lower court’s decision blocking… Continue reading Untitled
Legalcategory
– U.S. Supreme Court Justice Samuel Alito defended his failure to disclose taking a luxury fishing trip to Alaska in a private jet provided by a billionaire hedge fund manager whose business interests have come before the court. – In the wake of the Tom Girardi scandal, the California Supreme Court adopted a… Continue reading Legalcategory
Untitled
June 26 (Reuters) – A blistering rally in Tesla Inc (TSLA.O) shares has powered the EV maker’s market value toward trillion-dollar levels, prompting some analysts to question its valuation and downgrade the stock. Goldman Sachs on Monday cut Tesla to “hold” equivalent rating, joining Morgan Stanley and Barclays, which downgraded the stock last week. The… Continue reading Untitled
Untitled
Summary Companies Generative AI could add $7.3 trillion in value But businesses face challenges like staff cuts IT, consulting and education among sectors eyed Stocks seen hit by AI have underperformed in 2023 MILAN, June 26 (Reuters) – The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria,… Continue reading Untitled
A second life for EV batteries? Depends how long the first is
LONDON, June 26 (Reuters) – Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy. An array of startups offers second-life energy storage using old EV batteries.… Continue reading A second life for EV batteries? Depends how long the first is
Untitled
TOKYO, June 26 (Reuters) – Semiconductor materials maker JSR Corp’s (4185.T) board will meet on Monday to discuss a potential multi-billion dollar buyout by a government-backed fund that would mark an acceleration of Japan’s efforts to strengthen its chip industry. JSR’s market capitalisation was 677 billion yen ($4.73 billion) at Friday’s market close. Its shares… Continue reading Untitled
Australia’s Element 25 to supply GM with manganese sulphate, shares jump
MELBOURNE, June 26 (Reuters) – Element 25 Ltd (E25.AX) said on Monday it will supply manganese sulphate to General Motors Co (GM.N) as the automaker looks to secure supply of battery minerals for its North American electric vehicle production, sending its shares up more than 20%. The deal is the second by General Motors for… Continue reading Australia’s Element 25 to supply GM with manganese sulphate, shares jump