photo: Ford There are 20 electric vehicles that will qualify for the $7,500 EV tax credit through the end of the year, the US and Mexico are ending a labor probe at a Mexican Stellantis plant, and Warren Buffet doesn’t seem to0 worried about the car market. All that and more in The Morning Shift … Read more
CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural, renewable materials that can be safely composted or can biodegrade under the right conditions. Bioplastics … Read more
ORLANDO, Fla. – Print is not dead, despite society’s best efforts. Around the world, independent booksellers shelve stories in little shops still. According to the American Booksellers Association, the group has 2,023 members running 2,561 locations across the country. Eighty-five new bookstores have opened since January, and 207 members are looking at opening new stores. … Read more
DETROIT (AP) — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s … Read more
CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation is not abating. “The Fed is still in charge of this market. A week ago, it looked like they might ease up, but after Friday’s … Read more
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. new York CNN Business — Wall Street is taking the call to increase corporate diversity seriously. Last … Read more
Nuussuaq, Greenland CNN — Some of the world’s richest men are funding a massive treasure hunt, complete with helicopters and transmitters, on the west coast of Greenland. The climate crisis is melting Greenland down at an unprecedented rate, which – in a twist of irony – is creating an opportunity for investors and mining companies … Read more
Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. Ruvic Dice | Reuters WhatsApp is already widely popular with US consumers. Now Meta Platforms is turning more attention to building its small business base. The … Read more
NEW YORK (AP) — The stylized action romp “Bullet Train,” starring Brad Pitt, arrived with a $30.1 million opening weekend, according to studio estimates Sunday, as the last big movie of Hollywood’s summer recovery landed in theaters. The “Bullet Train” debut for Sony Pictures was solid but unspectacular for a movie that cost $90 million … Read more
Meta is facing a fresh storm of lawsuits that blame Instagram for eating disorders, depression and even suicides among children and teens — and experts say the suits are using a novel argument that could pose a threat to Mark Zuckerberg’s social-media empire. The suits — which are full of disturbing stories of teens being … Read more
