Chip component plant to get $300M expansion in Pennsylvania

The electronics subsidiary of German multinational health care company Merck KGaA said Wednesday it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials ...

Energy & Green Tech

'War of the states': EV, chip makers lavished with subsidies

States are doling out more cash than ever to lure multibillion-dollar microchip, electric vehicle and battery factories, inspiring ever-more competition as they dig deeper into their pockets to attract big employers and capitalize ...

Energy & Green Tech

EU races to lead green tech battle against US, China

The EU on Thursday announced plans to push the bloc's businesses to produce more clean technology in Europe to challenge state-backed competition from the United States and China.

Automotive

UK scraps subsidies for electric plug-in cars

Britain on Tuesday axed its £1,500 ($1,800) subsidy for buyers of new plug-in cars as it focuses on other types of electric vehicles, but the news drew anger from the auto sector.

Telecom

Biden starts program to provide discounted internet service

The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for ...

Automotive

China to scrap subsidies for electric vehicles

China will end subsidies for electric and hybrid cars at the end of the year, authorities have announced, saying the strength of sales in the sector meant state support was no longer needed.

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