South Korean firms are rethinking their $54bn investment in US EV battery plants due to concerns over potential tax credit cuts by President-elect Trump.
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The article discusses China's growing lead in the clean-tech manufacturing sector over the U.S. It also mentions a $10 billion copper mine that is currently idle. Furthermore, the article notes that despite the Inflation Reduction Act, which was intended to boost advanced energy manufacturing in the U.S., the country still lags in this…
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Blue Cross Blue Shield (BCBS) has halted the sale of its Louisiana operation to Elevance for the second time due to regulatory and stakeholder concerns. The $2.5 billion deal would be the largest healthcare deal in the state's history, but requires BCBS to reorganize as a for-profit entity, which is causing resistance from state…
Stay Current with Award-Winning Journalism in 2023
This year, the Herald newsroom, known for its first-class journalism, has brought forth an array of significant news, including Jacinda Ardern’s unexpected resignation, the Auckland anniversary floods, Sir James Wallace’s prison sentence, and more. Even the much-anticipated All Blacks' defeat in…