U.S. Treasury Details EV Tax Credit Rebate Rules

WASHINGTON, Oct 6 Reuters The U.S. Treasury Department on Friday issued new guidance on how a 7,500 electric vehicle tax credit can be used as a pointofsale rebate starting in January. Currently, consumers can only take advantage of the 7,500 new EV credit or 4,000 used EV credit when they file their tax returns the […]
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US Job Growth Sizzles in September; Wage Inflation Cooling

Nonfarm payrolls increase 336,000 in September Unemployment rate unchanged at 3.8 Average hourly earnings rise 0.2; up 4.2 yearonyear WASHINGTON, Oct 6 Reuters U.S. employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength that could give the Federal Reserve ammunition to raise interest rates […]
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Snapchats AI Chatbot may Pose Privacy Risk to Children, UK Watchdog

LONDON, Oct 6 Reuters Snapchat may have failed to properly assess privacy risks to children from its artificial intelligence chatbot, Britain39;s data watchdog said on Friday, adding it would consider the company39;s response before making any final enforcement decision. The Information Commissioner39;s Office ICO said if the U.S. company fails to adequately address the regulator39;s […]
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Bunge Shareholders Approve Merger with Viterra, Closing Expected in Mid2024

Oct 5 Reuters Shareholders of global grains merchant and oilseeds processor Bunge approved the company39;s acquisition of Glencorebacked Viterra during a shareholder meeting on Thursday, Bunge said in a statement. The merger, which will create a company worth 34 billion including debt, is expected to be finalized in mid2024 after closing conditions are met and regulators have […]
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US Regulators Push for Recall of 52M Air Bag Inflators

WASHINGTON, Reuters U.S. National Highway Traffic Safety Administration NHTSA officials on Thursday told a public hearing the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive because they may rupture and send metal fragments flying. The rarely used NHTSA public hearing could prompt one of […]
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Taiwan Probes Four Firms Accused of Helping Chinas Huawei

TAIPEI, Oct 6 Reuters Taiwan39;s government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.sanctioned Huawei HWT.UL in China, and is considering tighter rules on key technologies. Taiwan Economy Minister Wang Meihua said the ministry would be looking into whether the firms39; activities in […]
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