Biden team plans for chips funding even before Congress acts
The Biden administration is laying the groundwork to spend roughly $52 billion on semiconductor research and manufacturing even as it’s awaiting congressional approval of the funding.
EV startup Lucid Motors risks SPAC deal collapse
SPAC company Churchill Capital Corp. IV adjourned its Thursday shareholder meeting that was to determine the fate of the Lucid merger, pushing the decision back to the following day.
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Pictures: Disney's Polynesian says 'Aloha' with renovated rooms, suites
Scenes from the newly renovated rooms & suites at Disney’s Polynesian Village Resort at Walt Disney World, photographed Tuesday, July 20, 2021. The resort had been closed since March 2020 due to the Covid-19 pandemic. (Joe Burbank/Orlando Sentinel)
Supplier ZF wins $6 billion axle contract, will hire 250 in Michigan
The German supplier, which has its North American headquarters in suburban Detroit, said it will produce solid beam axles for pickups, SUVs and performance sedans until 2027.