Automotive

Treasury makes more electric SUVs eligible for tax credits

The Treasury Department said Friday it is making more electric vehicles—including SUVs made by Tesla, Ford and General Motors—eligible for tax credits of up to $7,500 under new vehicle classification definitions.

Business

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company's choice of a law firm representing it in the bankruptcy, despite concerns about potential conflicts of interest.

Engineering

Engineers improve solar cell efficiency, stability

Purdue University researchers have created new, multifunctional ligands that improve the charge transfer, power conversion capability and long-term stability of perovskite solar cells.

Business

Southwest's strong 2022 rebound soured by holiday debacle

Southwest Airlines is anticipating a money-losing fourth quarter after a winter storm and technology meltdown led to nearly 17,000 canceled flights and stranded hundreds of thousands of holiday travelers.

Business

Coinbase to pay $100M in settlement with New York regulators

New York announced a $100 million settlement with Coinbase on Wednesday over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity.

Business

Europe's battle to rein in Big Tech

The European Union is on a mission to get US tech giants to stop avoiding tax, stifling competition, profiting from news content without paying and serving as platforms for disinformation and hate.

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