Biden will push through infrastructure plan if no Republican support -energy secretary says

2/2 © Reuters. Daily press briefing at the White House in Washington 2/2 By Katanga Johnson and Doina Chiacu WASHINGTON (Reuters) -U.S. President Joe Biden would be willing to push through his $ 2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said […]

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Wall Street Weekahead: High-flying market to take cues from infrastructure plans, upcoming earnings

© Reuters. A U.S. flag flies outside The Federal Reserve Bank of New York in New York By Lewis Krauskopf NEW YORK (Reuters) – U.S. President Joe Biden’s massive infrastructure proposal and the upcoming corporate earnings season could offer investors fresh insight on the sustainability of a rally that has taken stocks to all-time highs. […]

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Big questions loom ahead of Biden’s next spending push, like ‘what is infrastructure?’

3/3 © Reuters. U.S. President Joe Biden hosts meeting on infrastructure with members of Congress at the White House in Washington 2/3 By Jarrett Renshaw and Trevor Hunnicutt (Reuters) – With a $ 1.9 trillion COVID relief package finally passed, U.S. President Joe Biden’s next big spending push is already on the horizon – repairing […]

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Tesla in talks with India’s Tata Power for EV charging infrastructure: report

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen in Bern BENGALURU (Reuters) – Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources. Shares of Tata Power rose […]

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U.S. needs ‘make-ready’ infrastructure to promote electric vehicles

2/2 © Reuters. FILE PHOTO: The charging socket is seen on Ford Motor Co’s all-new electric Mustang Mach-E vehicle during a photo shoot at a studio in Warren, Michigan 2/2 By Stephanie Kelly NEW YORK (Reuters) – U.S. utilities need to invest in so-called “make-ready” infrastructure to promote electric vehicle use, which includes wiring parking […]

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U.S. Treasury, regulators hail resilience of market infrastructure; reviews under way

© Reuters. FILE PHOTO: Yellen holds a news conference in Washington WASHINGTON (Reuters) – The core infrastructure of financial markets proved resilient during recent high volatility and heavy trading volume involving GameStop Corp (NYSE:) and other stocks, U.S. Treasury Secretary Janet Yellen and top regulators agreed on Thursday. But they underscored the importance of the […]

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IMF urges infrastructure investment to boost post-COVID growth

© Reuters. FILE PHOTO: International Monetary Fund logo is seen By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy. The IMF said in chapters from […]

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New York to invest $750 million to expand electric-vehicle infrastructure

© Reuters. News conference at LaGuardia Airport’s new Terminal B in New York NEW YORK (Reuters) – New York Governor Andrew Cuomo on Thursday announced an investment program that would allocate $ 750 million to build charging stations and other electric-vehicle infrastructure as part of the state’s long-term goal to reduce emissions. The measure is […]

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