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Polestar and Rivian say EVs aren’t enough to hit climate goals

  Bloomberg Electric vehicle startups Polestar Automative Holding and Rivian Automotive Inc. are known for doggedly tracking their individual corporate emissions, detailing the environmental toll of everything from the lights in their factories to the rubber in their cars’ tires. On Wednesday, the EV rivals paired up with consulting giant Kearney to raise a flag on the industry more broadly: ...

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US allies Japan, Philippines boost ties

Bloomberg Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida oversaw agreements bolstering military and infrastructure ties between the two US allies amid China’s growing power in the region. During the first visit by Marcos to Tokyo since taking office, the two governments signed seven deals, including one aimed at making easier for Japan’s Self-Defense Forces to take ...

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Biden denies US-China ties more strained after balloon spat

Bloomberg President Joe Biden denied that relations with Beijing have suffered a serious blow after the US downed an alleged Chinese spy balloon that flew across the continental US. Biden said that the US is currently recovering “major pieces” of the aircraft to analyze the equipment. But he maintained that the incident hasn’t further exacerbated tensions with the country. “No. ...

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