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Manchin slams brakes on Ford, GM

Anything with a hint of green was taking it on the chin after Senator Joe Manchin of West Virginia rejected the Build Back Better Act. President Joe Biden’s signature legislative package contained roughly half a trillion dollars of support for various forms of cleantech, the biggest federal commitment to the energy transition by far. Tesla Inc, the electric-vehicle pioneer, took ...

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Covid-19: We can’t go back to normal yet!

  As omicron cases rise rapidly, there are urgent questions about how aggressively we should respond. At one extreme are reactions like that of the Netherlands, which has moved into full lockdown mode to blunt the variant’s spread. Another possibility, so far the default in many parts of the US, is simply to not do very much, whether out of ...

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JPMorgan Chase & Co sent the wrong emails

  Do you think JPMorgan was doing a lot of crimes in the group chat? We have no way of knowing. Last week US regulators fined JPMorgan Chase & Co a total of $200 million for violating record-keeping requirements. From the Securities and Exchange Commission’s announcement: As described in the SEC’s order, JPMS admitted that from at least January 2018 ...

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