Business

Nevada board to vote on $330M in additional Tesla tax breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on the promise ...

Energy & Green Tech

EU crafts response to US green tech subsidies

The EU will present long-awaited proposals on Wednesday to counter sweeping US subsidies on green tech that threaten Europe's industry, already struggling with soaring energy prices and unfair competition from China.

Electronics & Semiconductors

Congress OKs bill to aid computer chip firms, counter China

The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, ...

Electronics & Semiconductors

Bill to boost semiconductor industry passes key Senate test

The Senate on Tuesday advanced a $280 billion bill designed to boost the semiconductor industry in the United States and to accelerate high tech research that backers say will be critical to the economy in future decades.

Business

Intuit to pay $141M settlement over 'free' TurboTax ads

The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York's attorney general announced Wednesday.

Business

US opposes Canada's digital services tax proposal

The United States on Tuesday announced its opposition to Canada's proposed tax on the largest tech firms, warning it "would examine all options" should Ottawa go ahead with the levy.

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