US

TL/DR - The Inflation Reduction Act (IRA) introduced in the US is unlikely to prevent companies from expanding abroad because businesses flourish through competition and not regulation or subsidies, says the chairman of Chinese battery maker Gotion High Tech. Even as the IRA, an anti-inflation measure that offers tax benefits based on…

TL/DR - The United Auto Workers (UAW) union has filed a labor complaint against Republican presidential candidate and U.S. Senator Tim Scott. The complaint stems from Scott's suggestion that auto workers who go on strike should be fired, a statement the union claims violates federal labor law and inhibits the right to strike. Scott maintains that…