business news

TL/DR - The US federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories, and tribes. These rebates, worth up to $14,000 or more per household depending on a state's program design, are designed to offset costs for homeowners and landlords who make certain efficiency upgrades to their property. The…

TL/DR - Despite the Republican party's threats to cut the Inflation Reduction Act (IRA), solar industry CEOs are confident that clean energy investments will continue to receive government support. The IRA, which supports clean electricity generation and storage, has been a major boon for the solar industry, with the largest panel manufacturer in…

TL/DR - Takeshi Ebisawa, a leader in the Japanese Yakuza crime syndicate, has been charged by federal prosecutors in the US with conspiring to traffic nuclear materials from Myanmar to other countries. The indictment alleges Ebisawa was attempting to sell these materials to Iran for the creation of a nuclear weapon. Ebisawa is also charged with…

TL/DR - The European Union has reached an agreement on landmark rules for artificial intelligence (AI), in the first major regulation of the technology in the western world. The key areas of contention were how to regulate generative AI models, such as OpenAI's ChatGPT, and the use of biometric identification tools. The new law categorizes AI…