Kia parent Hyundai mulls making hybrids at its EV ‘metaplant’ in Georgia as state reels from Rivian delaying $5 billion factory

Consider Kia parent Hyundai ... trailing only Tesla in U.S. sales of them. Meanwhile, Tesla rival Rivian announced this month that it’s pausing construction of a $5 billion EV manufacturing ... Read More

U.S. Proposes $6.6 Billion Investment to TSMC for Arizona Factories amid Biden’s Emphasis on Chip Security

TSMC’s Arizona branch is in line to get as much as $6.6 billion from the U.S ... foreign investment the state has ever seen. She sees it as a sign of strong leadership in chip technology ... Read More

Kamala Harris’s strategy to stop illegal immigration slammed by Republicans despite $5 billion investment

Since then, U.S. corporations have invested $5.2 billion into regional projects to improve the economy so that they do not need to leave, according to Harris. Investments include giving 6 million ... Read More

Samsung’s Texas Chip Factory: A $7 Billion Vote of Confidence from U.S. Government

This is massive support for a total of $11.6 billion. In response to the U.S. government’s support, TSMC has increased its U.S. investment by 62.5% ... locations. US Plans to Give Samsung ... Read More

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

It was unveiled a few weeks after President Biden announced that Intel, another major chipmaker, would receive $8.5 billion ... worried U.S. officials. New generations of production technology ... Read More

TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants

The US plans ... as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. Read More

Biden’s $7.5 billion investment in EV charging has only produced 7 stations in two years

But now, more than two years after Congress allocated $7.5 billion ... the President’s Investing in America agenda makes EVs more affordable, helps Americans save money when driving, and makes ... Read More

U-Bx Technology Ltd To Start Trading Tomorrow

U-BX Technology Ltd UBXG IPO will take place March, 28 on the NASDAQ exchange under the ticker UBXG. The company is offering shares at an expected price between $4.50 and $5.50 per share with an ... Read More

AI Startup Cohere Nears Deal to Raise Funds at $5 Billion Valuation

Artificial intelligence startup Cohere Inc. is in late-stage discussions to clinch a fresh round of funding that would raise the valuation of the company to $5 billion. Cohere is talking with ... Read More

U-BX Technology Ltd. Announces Pricing of $10Million Initial Public Offering

Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company ... under the securities laws of any such state or jurisdiction. About U-BX Technology Ltd. Headquartered in Beijing, UB-X Technology ... Read More

Credit card debt in the U.S. hits all-time high of $930 billion—here's how to tackle yours with a balance transfer

The Fed's report sheds light on the growing debt issue in America and the increased risk facing younger consumers. U.S. credit card debt hit an all-time high of $930 billion ... to 5.32% Younger ... Read More

China’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing Bonds

Industrial and Commercial Bank of China Ltd. is planning to issue as much as 40 billion yuan ($5.5 billion ... marking the first such debt sale from the country’s largest state-owned lenders. Read More