Tesla’s long dependence on selling government regulatory credits is nearing an end, putting enormous pressure on Elon Musk’s electric car company to make money from its vehicles alone. Over the past decade, Tesla raked in $11.8 billion from selling carbon and fuel economy credits to other automakers, but that lucrative stream will dry up under new federal rules.
President Donald Trump announced Wednesday he will impose a 100% tariff on computer chips, aiming to force tech companies to manufacture semiconductors inside the United States. The move threatens to raise prices on consumer goods ranging from smartphones and laptops to cars and kitchen appliances, unless companies shift production to American soil.
Technology company International Business Machines Corporation (IBM) announced that it will invest billions of dollars into the United States over the next five years.
The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
A brush fire broke out in Jurupa Valley on Tuesday, January 21, as strong Santa Ana winds persisted across Southern California. Known as the "Clay Fire," it ignited along the Santa Ana River Bottom near Pedley Road and Van Buren Boulevard around 5 p.m.
Los Angeles is grappling with the toxic aftermath of wildfires that devastated areas including Pacific Palisades and Altadena, destroying over 15,000 structures and releasing dangerous pollutants into the air. Scientists report that the burning of homes, cars, and infrastructure has produced hazardous levels of toxins, including lead and chlorine.
President Donald Trump unveiled a groundbreaking initiative Tuesday to build colossal artificial intelligence (AI) data centers across the United States.
The United Kingdom is planning to launch a new Gov.uk app that will include a digital wallet to store government documents, including driving licenses.
