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Fastest electric car chargers waiting for batteries to catch up

Bloomberg The viability of electric vehicles depends in part on a manufacturing plant in eastern Australia, where gleaming white cabinets the size of large refrigerators are loaded onto shipping crates. They’re among the most advanced car chargers available, promising to deliver a full tank of juice in minutes. Automakers and energy companies are spearheading the global rollout of these ultra-fast ...

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Trump urges Fed to slash rates to boost economy

Bloomberg President Donald Trump called on the Federal Reserve to open the monetary floodgates to turn the world’s largest economy into a “rocket ship.” “I personally think the Fed should drop rates. I think they really slowed us down. There’s no inflation. I would say in terms of quantitative tightening, it should actually now be quantitative easing,” he told reporters ...

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SocGen plans 700 Paris job cuts after tough first quarter

Bloomberg Societe Generale SA plans to cut as many as 700 jobs in Paris and eliminate hundreds more positions in London and New York after experiencing a difficult first-quarter in investment banking, people with knowledge of the matter said. The French bank is speeding up staff reductions at its headquarters after tough trading conditions persisted into the new year and ...

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