law

U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips …

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EU to claw back energy firms’ profits rather than cap Russian gas price

Register now for FREE unlimited access to Reuters.comRegisterEU countries ask bloc to propose windfall revenue capMinisters also request EU proposal on gas price capCountries resist EU proposal to cap Russian gas priceBRUSSELS, Sept 9 (Reuters) – EU energy ministers on Friday tasked the European Commission to press ahead with a cap on the revenues of …

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California gas car ban will apply to Virginia, too, due to 2021 law

Kingsview Wealth Management Scott Martin discusses the issues with California’s vote to ban new gas cars by 2035 on ‘Fox Business Tonight.’ Despite having a Republican governor, Virginia is on track to adopt the new Californian restrictions on the sale of gas-powered vehicles. The California Air Resources Board issued the rule and held a final …

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U.S. Justice Department in early stages of drafting possible antitrust suit against Apple -Politico

The Apple Inc logo is shown outside the company’s 2016 Worldwide Developers Conference in San Francisco, California, U.S. June 13, 2016. REUTERS/Stephen Lam/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Aug 26 (Reuters) – The U.S. Justice Department is in the early stages of drafting a potential antitrust complaint against Apple Inc (AAPL.O), Politico …

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EV Tax Credits Will Be Back for Popular Brands If Law Passes

The Inflation Reduction Act of 2022 currently under discussion in Washington would spend $369 billion on climate change and energy security, including big changes to electric-vehicle tax credits. If it passes, of course.What matters to car shoppers is that there’d be more money for more electric vehicles: gone would be the 200,000-per-automaker limit, which GM, …

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Indonesia blocks Yahoo, Paypal, gaming websites over licence breaches

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterJAKARTA, July 30 (Reuters) – Indonesia has blocked search engine website Yahoo, payments firm PayPal (PYPL.O) and several gaming websites due to failure to comply with licensing rules, an official said …

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Chip designers warm to U.S. bill despite big benefits to Intel

July 18 (Reuters) – Major U.S. chip firms on Monday were coming around to support a package of chip industry subsidies despite earlier concerns that legislation awaiting a vote in the Senate disproportionately benefits manufacturers like Intel Corp (INTC.O).Senate Majority Leader Chuck Schumer has told lawmakers that a vote could come as early as Tuesday …

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Large U.S. law firms mostly quiet on abortion ruling, are walking a ‘tightrope’

June 26 (Reuters) – The largest U.S. law firms did not take a public stance following the U.S. Supreme Court’s reversal of Roe v. Wade on Friday, diverging from the approach of some major companies that have made statements on the closely watched abortion case.The high court’s 6-3 Dobbs decision upheld a Republican-backed Mississippi law …

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