regulation

Microsoft Makes an Embarrassing Admission

The videogame-console war is a match among three giants: Sony  (SONY) ,  Nintendo  (NTDOF)  and Microsoft  (MSFT) .  Generally, Sony and its PlayStation are generally considered the leaders, closely followed by Nintendo and its Switch. Microsoft and Xbox occupy third place.  Even if this ranking holds among many experts, the three companies surely aren’t making …

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At Last, Weight-Loss Drugs That Actually Work. They Could Be the Blockbusters of the Decade.

This is not a typical weight-loss story. After all of the diet, supplement, and workout fads we’ve endured, we’re about to have drugs that are safe and effective. They’re our best hope yet for stemming the obesity epidemic that threatens the lives of 100 million Americans and half a billion people worldwide. No one has …

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You’ll Almost Have to Buy an Electric Vehicle if Climate Bill Passes

The attractions of electric vehicles have been magnetic in 2022. Soaring gas prices, inflation not seen in four decades and a push for cleaner, environmentally friendly technology have all combined to make EVs more appealing than ever to consumers. Now, there is legislation headed toward the home stretch that will give EVs not only new …

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Auto makers warn most electric vehicles won’t qualify for federal tax credit

But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s mainly because of the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent. And those …

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Here’s the big concern with chip makers scoring billions in funds from Uncle Sam

On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that one analyst called “the worst we have seen in our career.” On Tuesday, when President Biden signed that bill into law with Micron Technology MU, …

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Was Fed’s Powell dovish or not? 4 key takeaways from Wednesday’s press conference

Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many economists think it was on the hawkish side of the street. Here are some of the key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Read: Fed jacks up rates to …

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