Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
Industry in news
Trump turns to oil industry for $1bn towards campaign as they draft executive orders for him to sign
Donald Trump solicited a $1bndonation from oil executives during a meeting at his Mar-a-Lago resort last month, a new report reveals
The $230 billion donor-advised fund industry gets an IRS hearing
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes.
Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds
Billions in federal subsidies for semiconductor manufacturers are expected to help reverse a decades-long decline in America’s share of global chip manufacturing.
Cannabis Industry Fired Up About Possible DEA Reclassification
Tuesday’s announcement by the U.S. Drug Enforcement Administration that it is moving toward removing marijuana from its list of Schedule I drugs definitely got people in the pot business fired up.
PM Modi, BJP’s promises open few doors for Aligarh lock industry
ADDRESSING a rally in Aligarh earlier this week, Prime Minister Narendra Modi mentioned its famed locks as among those put on priority by the Uttar Pradesh government as part of its ‘One District, One Product (ODOP)’ initiative. “The BJP government is strengthening every industry. The small-scale industries here have also got a lot of help from Mudra Yojana,” Modi said.
Biden administration moves to make conservation an equal to industry on US lands
BILLINGS, Mont. (AP) — The Biden administration on Thursday finalized a new rule for public land management that’s meant to put conservation on more equal footing with oil drilling, grazing and other extractive industries on vast government-owned properties.
China slams U.S. probe into its shipbuilding industry, says move is a 'mistake on top of a mistake'
China said it "firmly opposes" the U.S. investigation into its maritime, logistics and shipbuilding industries, calling the move a "mistake on top of a mistake." In an official statement late Wednesday, China's ministry of commerce said the U.S. provides hundreds of billions of dollars in "discriminatory" subsidies to its domestic industries, "yet accuses China of adopting so-called 'non-market practices.'" "In fact, the development of China's industries is the result of companies' technological innovation and active participation in market competition,"