The vast majority of all-electric vehicle (EV) models will not be eligible for tax credits of up to $7,500, according to federal rules that come into effect on April 18, which could have a dampening impact on potential car buyers looking to go electric. Only 16 EVs from four brands are eligible for tax credits…
Just 16 Electric Vehicles Eligible for Federal Tax Credits: Which Ones Qualify?
Encrypted Message Platforms Threaten to Pull Services From UK Over Online Safety Bill
April 18, 2023
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Seven of the world’s leading messaging apps have written a scathing open letter to the UK government over its proposed Online Safety Bill. Bosses from firms including Signal and WhatsApp say the bill would lead to the mass surveillance of personal communications in what would become the “British internet.” Urging ministers to “urgently rethink” the…
US Reporter Held by Russia on Spying Charges to Stay in Jail
April 18, 2023
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A Russian judge ruled Tuesday that American journalist Evan Gershkovich must remain behind bars on espionage charges. Gershkovich and the U.S. government vehemently deny the allegations. The Wall Street Journal reporter is the first U.S. correspondent since the Cold War to be detained in Russia on spying allegations. Dozens of journalists crowded into the courtroom…
Conservative Alternative to Amazon Growing ‘Exponentially’ as Customers Ditch Woke Companies, Says PublicSq CEO
PublicSq, the conservative Amazon alternative that promises to connect “freedom-loving Americans” with businesses that align with their values, has been gaining traction among consumers seeking an alternative to the Jeff Bezos-owned online retailer, according to its CEO. “It has grown exponentially,” the San Diego-based company’s CEO and founder Michael Seifert told Fox News on April 17….
S&P 500, Nasdaq Open Higher on Earnings Optimism
The S&P 500 and Nasdaq opened higher on Tuesday (April 18) as an upbeat quarterly report from Bank of America boosted optimism about the earnings season amid concerns about a looming recession. The Dow Jones Industrial Average fell 22.02 points, or 0.06 percent, at the open to 33,965.16. The S&P 500 opened higher by 12.94…
Goldman Sachs Profit Falls in 1st Quarter as Dealmaking Sputters
Goldman Sachs Group Inc.’s first-quarter profit fell 19 percent as sluggish dealmaking eroded the Wall Street giant’s fees from investment banking, while losses from the sale of some loans from its consumer unit, Marcus, weighed on the results. Goldman booked a $470 million loss on the sale as the bank rejigs its strategy after a…
Stock Market Today: Shares Mixed Following China Growth Data
April 18, 2023
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TOKYO—Global shares were mixed Tuesday as pessimism over economic and political uncertainties remained even as China reported better-than-expected growth data. France’s CAC 40 added 0.3 percent in early trading to 7,517.90. Germany’s DAX rose nearly 0.1 percent to 15,804.68. Britain’s FTSE 100 added 0.2 percent to 7,897.45. U.S. shares were set to drift higher with…
DeSantis Backs Bud Light Boycott
April 18, 2023
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Florida Gov. Ron DeSantis on Monday urged people to continue boycotting Bud Light amid the company’s controversial promotion of transgender influencer Dylan Mulvaney. DeSantis told political commentator Benny Johnson that he would not be drinking Bud Light because he didn’t want to enable “woke companies” and their aims of “trying to change our country, trying…
DeSantis Joins Bud Light Boycott
April 18, 2023
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Bud LightBusiness & MarketsCompaniesFloridaPoliticsRegional & State NewsRepublicansron desantisSocial IssuesState NewstransgenderUSUS News
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Florida Gov. Ron DeSantis on Monday urged people to continue boycotting Bud Light amid the company’s controversial promotion of transgender influencer Dylan Mulvaney. DeSantis told political commentator Benny Johnson that he would not be drinking Bud Light because he didn’t want to enable “woke companies” and their aims of “trying to change our country, trying…
9 States Join DOJ’s Antitrust Lawsuit Against Google
Nine states on Monday joined eight others in a lawsuit filed by the Department of Justice against Google for allegedly monopolizing multiple digital advertising technology products. The amended lawsuit was filed in the U.S. District Court for the Eastern District of Virginia. It accuses Google of monopolizing key digital advertising technologies, known as the “ad…
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