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WASHINGTON (AP) — For over a month, House Speaker Mike Johnson has sat on a funding package that would send desperately needed ammunition and weaponry to Ukraine, mulling how best to gain a grasp of what is expected to be a difficult lift in the House. The Republican speaker has indicated he will attempt to push for approval of tens of billions in wartime funding for Ukraine, as well as Israel, once the House returns in April. “We'll turn our attention to it and we won't delay on that,” the Louisiana representative said of the Ukraine package at a news conference last week. Rep. Marjorie Taylor Greene, a far-right Republican from Georgia, has filed a motion to vacate Johnson as speaker and warned him not to put Ukraine funding on the House floor. Before becoming speaker, Johnson was deeply skeptical of approving funding for Ukraine and voted repeatedly against it.

Persons: Mike Johnson, “, Johnson, Gregory Meeks, Marjorie Taylor Greene, ” Greene, ” Johnson, Ronald Reagan, ”, Michael McCaul, Greene, Don Bacon, Shelby Magid Organizations: WASHINGTON, Republican, Ukraine, NATO, Rep, House Foreign Affairs Committee, Capitol, Senate, Kyiv, Republicans, Democrats, Senior Republicans, House Foreign Relations, CBS, House, Eurasia Center, Atlantic Council Locations: Ukraine, Israel, Louisiana, Russia, Kyiv, Georgia, Gaza, Washington, “, Europe

☆ I toured Google's new $2.1 billion office in NYC. Here are the 15 coolest things I saw.
▼ + stars: | 2024-03-27 | by ( Madeline Park | ) www.businessinsider.com time to read: +7 min

Madeline ParkThe natural wood yoga studio is right around the corner from the gym and has a calming glow of light. Madeline ParkThe items at the store ranged from T-shirts ($30), jackets (~$100), tumblers ($15), and children's books. Madeline ParkThe actual cafeterias at Google's new office are the ultimate benefit and charm of working here. The coworking spacesThis coworking space is called "ROYGBIV," an acronym for the colors of the rainbow: red, orange, yellow, green, blue, indigo, and violet. The Google office at St. John's Terminal is so big that I didn't get to explore all of it.

Persons: Madeline Park, —, Park, café, Madeline, Klara, Patricia Urquiola, there's Organizations: Google, Hudson, Service, Americano, Recreation, YouTube Locations: York City, Hudson, New York City, chai, Spanish, St

☆ I toured Google's new $2.1 billion office in NYC and it's like an all-inclusive wellness resort — see inside
▼ + stars: | 2024-03-27 | by ( Madeline Park | ) www.businessinsider.com time to read: +7 min

Madeline ParkThe natural wood yoga studio is right around the corner from the gym and has a calming glow of light. Madeline ParkThe items at the store ranged from T-shirts ($30), jackets (~$100), tumblers ($15), and children's books. Madeline ParkThe actual cafeterias at Google's new office are the ultimate benefit and charm of working here. The coworking spacesThis coworking space is called "ROYGBIV," an acronym for the colors of the rainbow: red, orange, yellow, green, blue, indigo, and violet. The Google Office at St. John's Terminal is so big that I didn't get to explore all of it.

☆ Feeling older than you are? It could be how you sleep
▼ + stars: | 2024-03-26 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

CNN —Not getting enough sleep may cause you to feel five to 10 years older than you really are, according to two new studies. A lack of energy and motivation can certainly contribute to feeling older while limiting a person’s ability to remain physically and socially active, both of which contribute to feeling young, Balter said. For every night of poor sleep during that time, people reported feeling about a quarter of a year older than their chronological age. “These findings support that sleep, a vital biological phenomenon, might hold the key to feeling young,” Balter and her colleagues wrote in the study. “If you suspect that your sleep deprivation is due to a sleep disorder such as insomnia or sleep apnea, it’s crucial to seek evaluation and treatment from a healthcare professional,” he said.

Persons: CNN —, “, ” Leonie Balter, Balter, ”, Chang, Ho Yun, ” Yun, It’s, ” Balter, Sleepiness, chronotype, Yun Organizations: CNN, Stockholm University, Royal Society, Seoul National University, Getty Locations: Sweden, Seongnam, South Korea

☆ When I was diagnosed with breast cancer, I kept the news from my kids. I told them on my own time 5 years later.
▼ + stars: | 2024-03-26 | by ( Anna Sullivan | ) www.businessinsider.com time to read: +7 min

When I was diagnosed with breast cancer, I decided not to tell my kids. And with breast cancer, early detection is everything." Anna Sullivan took her two kids trick-or-treating just a few hours after her breast cancer diagnosis. My breast cancer diagnosis was early-onset and ER+, meaning that instead of chemotherapy, I was prescribed a five-year adjuvant endocrine therapy. Being able to talk openly about my cancer diagnosis has brought us closer as a family.

Persons: —, Freddie, White, Snow, Alex, Max, It's, Anna Sullivan, hadn't, intently, I've, waaay, I'd Organizations: Service, OB

☆ How Fragrance Companies Are Experimenting With AI
▼ + stars: | 2024-03-26 | by ( Leila Jordan | ) www.businessinsider.com time to read: +9 min

The company works on the business-to-business side of the industry, designing and creating scents for various companies worldwide. Givaudan launched Myrissi, its AI tool, last year to demystify fragrance development. A new kind of signature scentSome fragrance brands use tech to decipher scent preferences and create personalized scents. Chaille de Nere told BI he didn't want that to happen in the fragrance industry. While AI's role in the beauty industry has yet to take shape, the fragrance industry is betting on the technology.

Persons: Rachel Herz, Herz, Frederik Duerinck, Hertz, Johan Chaille de, Givaudan, Sandra Kinnmark, Angelica Lonnberg, Caroline Borg, Kinnmark, Duerinck, EveryHuman, TJ, Chaille de Nere, perfumers, Chaille de Organizations: Brown University, NOS, Emotiontech, Hallwyl, NOS Emotiontech, Union Locations: Swedish, Highland, Stockholm, London

☆ Regular exercise is associated with less insomnia, study shows
▼ + stars: | 2024-03-26 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

One of the most helpful things to do might be to get some exercise, according to a new study. “It gives us an idea of something that maybe we don’t always think about for treatment of insomnia,” Paruthi said. Regular exercise was associated with significantly better sleep, the study showed. There are plenty of reasons why physical activity may help in getting a good night’s rest. Physical activity helps regulate the body’s internal clock and promotes deeper, more restorative sleep,” Björnsdóttir said.

Persons: ”, Erla, sleepiness, David Neubauer, ” Björnsdóttir, Shalini Paruthi, ” Paruthi, Neubauer, Paruthi Organizations: CNN’s, CNN, Reykjavik University, Johns Hopkins University School of Medicine, Saint Louis University School of Medicine, American Academy of Sleep

☆ Russia’s political class is taking a dark and vengeful turn
▼ + stars: | 2024-03-25 | by ( Nathan Hodge | ) edition.cnn.com time to read: +6 min

Now comes another shock to the system, with the appalling murder of at least 139 people in a terror attack at a concert hall just outside Moscow. And with its brutal official response to the attack, Russia seems to have taken an even darker turn. But after Friday’s Crocus City attack, the brutality of Russian security services appeared on naked display. It sends a message to ordinary Russians – and the world – that Russian state security forces are capable of anything. “Everyone asks me, what is to be done?” Medvedev said, according to Russian state news agency TASS.

Persons: Alexey Navalny, Vladimir Putin, Putin, – implausibly, ”, Dmitry Peskov, ” Peskov, ” Putin, Tatyana Makeyeva, Saidakrami Rachabalizoda, Margarita Simonyan, approvingly, Simonyan, “, Alexander Zemlianichenko, Dmitry Medvedev, Russia’s, ” Medvedev, Vladimir Vasiliev Organizations: CNN, ISIS, “ Intelligence, Kremlin, KGB, Getty, VK, Putin, “, United Russia, Novosti Locations: Russia, Ukraine, Moscow, Kyiv, United States, Chechnya, Crocus, Basmanny, AFP, Russian

☆ NBCUniversal describes how it's using generative AI to match ads to viewers — and says they can perform up to 49% better
▼ + stars: | 2024-03-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

NBCUniversal is testing gen AI-driven ads, joining Google and Meta in the race to use generative artificial intelligence to sell advertising. Megan Pagliuca, chief activation officer at Omnicom Media Group, said the agency planned to test NBCU's approach with a number of advertising clients. The gen AI ads and other One24 initiatives come as NBCU and other TV sellers are looking for an edge leading up to the upfronts, TV's big annual selling period. It's also introducing shoppable TV ads aimed at sports fans and a new way for advertisers to see the effectiveness of their ads overall. Apple is also experimenting with using AI to sell ads, Business Insider has reported.

Persons: NBCU, it's, John Lee, Lee, Megan Pagliuca, It's, Max, Google Organizations: Google, Business, Omnicom Media, Disney, Meta, Apple Locations: One24

☆ Counting sheep: Who came up with this old sleep tip, and does it work?
▼ + stars: | 2024-03-24 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

Does counting sheep work? So does counting sheep really help you fall asleep? “Something as mundane as counting sheep usually does not do the trick,” she said. Remember what happened, how you felt and let yourself bask in those good feelings to encourage sleep, Harvey said. Doing so can get it out of your head before your head hits the pillow, allowing sleep to come without counting sheep.

Persons: CNN —, —, I’ve, Messer Azzolino, …, Miguel de Cervantes, Don Quixote, Sancho Panza, Quixote, Disciplina, Don Quixote ” —, Panza, you’ll, Allison Harvey, ”, Harvey, “, ” Harvey, didn’t, savoring Organizations: CNN, Hulton, Research, University of California, Oxford University Locations: ”, Berkeley

☆ Reddit pops 48% in NYSE debut after selling shares at top of range
▼ + stars: | 2024-03-21 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. Reddit and selling shareholders raised about $750 million from the offering, with the company collecting about $519 million. This year, Reddit said it plans to recognize roughly $66.4 million in revenue as part of its data licensing deals. Google has also entered into an expanded partnership with Reddit, allowing the search giant to obtain more access to Reddit data to train AI models and improve its products. "I hope they believe in Reddit and support Reddit," Huffman told CNBC in an interview on Thursday.

Persons: Steve Huffman, Lynn Martin, Reddit, Pinterest, Klaviyo, Pinterest's, it's, Alexis Ohanian, Huffman, Redditors, Sam Altman, Condé Nast, Altman's, Altman Organizations: New York Stock Exchange, Astera Labs, Nasdaq, Meta, Google, Reddit, Federal Trade Commission, FTC, Companies, CNBC, GameStop, Tencent, Advance Magazine Publishers Locations: New York, It's, Reddit

☆ As more young people get colon cancer, it may be time for a colonoscopy
▼ + stars: | 2024-03-18 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com time to read: +7 min

CNN —Colon cancer may seem like a distant concern for some, but with the growing trend of younger people being diagnosed, staying informed and proactive is crucial. I lost a dear friend — a doctor, father and husband, just like myself — to colon cancer in 2017. His memory is a constant reminder of the importance of awareness and early detection in the fight against colon cancer. SDI Productions/E+/Getty ImagesThe risks of colon cancerThe American Cancer Society estimates that there will be about 106,590 new cases of colon cancer in the United States this year, nearly evenly split between men and women. That’s why it’s called Colorectal Cancer Awareness Month and not just colon cancer awareness.

Persons: Jamin, CNN — Colon, —, what’s Organizations: Orlando Health, Florida Urological Society, CNN, SDI, American Cancer Society, US Preventive Services Task Force, The New England, of Medicine, US Food and Drug Administration Locations: Florida, United States, The

☆ Tesla’s Troubles Raise Questions About Its Invincibility
▼ + stars: | 2024-03-18 | by ( Melissa Eddy | ) www.nytimes.com time to read: +1 min

“They can’t stop us,” Mr. Musk, the company’s chief executive, told workers in a giant tent beside the plant. But there are proliferating signs that Tesla may not be as unstoppable as it once seemed. Chinese automakers and established brands like BMW and Volkswagen are flooding the market with electric cars. Mr. Musk’s many outside ventures, and his penchant for making polarizing political statements and attacking people he disagrees with, have raised questions about how focused he remains on managing Tesla. Wall Street is increasingly concerned about the company: Tesla’s share price has lost one-third of its value this year even as major stock indexes have hit record highs.

Persons: Elon Musk, ” Mr, Musk, Tesla Organizations: BMW, Volkswagen Locations: Tesla’s, Berlin

☆ Wall Street is betting big on a soft landing for the economy
▼ + stars: | 2024-03-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Read previewRisk is back in fashion on Wall Street as investors shed their fears and become more adventurous with their cash. Wall Street is betting big on a soft landing, where the Fed succeeds in bringing inflation down without unemployment surging or a recession taking hold. Related storiesSimilarly, Goldman Sachs analysts said in a recent outlook that "risk appetite is poised to grow" this year as recession relief and rate cuts embolden investors. When the music stopsThe outlook for stocks and the economy might seem brighter, but it's worth being at least a little skeptical of the current enthusiasm. "Nobody seems to care about valuations, and now you have Wall Street strategists laying claim that we are in a brand new era," veteran economist David Rosenberg said in a recent note.

Persons: —, BII, Goldman Sachs, David Rosenberg, Jeremy Grantham, there's, Ed Yardeni Organizations: Service, Federal, Business, Investors, BlackRock Investment Institute, Nvidia, Grantham, Swissquote Bank Locations: BlackRock

☆ A psychologist shares 4 subtle signs a patient has OCD, even if they don't realize it
▼ + stars: | 2024-03-17 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

"There is also a wide swath of experience that happens underneath the surface for people with OCD," Riven said. "It's very common to see individuals with OCD experience a lot of distress that can go entirely undetected by people in their lives because it's all happening privately in the mind." He shared some of the lesser-known OCD symptoms, many of which can be subtle or tricky to spot. He said everyone has intrusive thoughts, such as steering your car into the opposite lane, from time to time. AdvertisementTo distinguish if it's a possible symptom of OCD, Riven asks questions to understand how much a patient analyzes those intrusive thoughts.

Persons: —, Levi Riven, Riven, they've Organizations: Service, Business

☆ Britain's royal family should follow the lead of major CEOs when it comes to transparency, says expert
▼ + stars: | 2024-03-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

The royal household is exempt from freedom of information laws in the UK since it isn't a public authority. Hay suggested that the monarchy should follow the lead of major companies that have been transparent when a CEO becomes unwell. While Kensington Palace was clear that it wouldn't provide a "running commentary" on the princess' well-being, that didn't stop conspiracy theories on her whereabouts. Meanwhile, CNN said it was reviewing all Kensington Palace handouts in light of the incident. Kensington Palace did not immediately respond to a request for comment.

Persons: Kate, —, Bob Krist, George Hay, Hay, JP Morgan Chase, Jamie Dimon, António, Osório, Prince William, Catherine, Duchess, Chris Jackson, Phil Chetwynd, Buckingham, King Charles, Charles III, Max Mumby, Graham Smith, Jack Royston, Royston, Kensington Organizations: Service, Brand Finance, Windsor, Getty, Tourism, Frogmore, Reuters, Barclays, CNBC, Lloyds Banking Group, BBC News, BBC, AFP, CNN, YouGov Locations: London, Britain, António Horta, Horta, Kensington, Cambridge, Belgium, Greece, Bulgaria, Republic

☆ The 9 best things to stream this weekend, from 'The Eras Tour' film to the new season of 'Grey's Anatomy'
▼ + stars: | 2024-03-15 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +1 min

"Taylor Swift: The Eras Tour" will finally be available on Disney+ this weekend. Here are 9 movies and TV shows to stream on Netflix, Hulu, Max, Disney+, Prime Video, and Peacock. AdvertisementFinally, you can stream "The Eras Tour'" from the comfort of your own home if you didn't want to pay for the film on-demand — it hits Disney+ this weekend. Also streaming this weekend is the season 20 premiere of "Grey's Anatomy," the first season to kick off without longtime series lead Ellen Pompeo in a main role. Here are nine things to watch this weekend on streaming.

Persons: Taylor Swift, Peacock, —, Ellen Pompeo, Lindsay Lohan Organizations: Disney, Netflix, Hulu, Max, Service

☆ Deep brain stimulation didn’t work for a young OCD patient until new brain maps changed everything
▼ + stars: | 2024-03-15 | by ( Brenda Goodman | ) edition.cnn.com time to read: +7 min

After treatment with targeted deep brain stimulation, she hopes to walk out soon and, for the first time in her adult life, live independently, in her own apartment. Doctors used a tube that led into her stomach through her nose to give her food and gave her fluids intravenously. Deep brain stimulation for severe obsessive-compulsive disorder helped Julia Hum earn her high-school equivalency certificate last year. Refining deep brain stimulationHum had a deep brain stimulator implanted in 2021. Deep brain stimulation can be life-changing, but it doesn’t work equally well for everyone, and researchers say they’re getting closer to understanding why.

Persons: Julia Hum, Hum, “, Doctors, it’s, ” Hum, Andreas Horn, “ I’ll, I’ll, Darin Dougherty, didn’t, they’re, ” Horn, Sameer Sheth, ”, Sheth, Dougherty, “ It’s, she’s, Dr, Sanjay Gupta, “ Hope Organizations: CNN, General Hospital, Doctors, Mass General Research Institute, Baylor College of Medicine, CNN Health Locations: Massachusetts, Houston

☆ This overlooked corner of women's health could be a $350 billion market opportunity
▼ + stars: | 2024-03-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The management consultant estimates the global market potential to treat symptoms ranges from $120 billion to as much as $350 billion globally. "That would apply to women's health in general, and then specifically and acutely to menopause in particular." From 2002 to 2009, hormone therapy claims were reduced by more than 70%, a 2012 study showed. The clinical-stage biopharmaceutical company, which focuses on women's health, has an intravaginal ring hormone therapy that is set to progress to a single Phase 3 study. Last May, the Food and Drug Administration approved Tokyo-based Astellas Pharma's Veozah, also known as fezolinetant, to treat hot flashes.

Persons: Drew Barrymore, Naomi Watts, Anna Pione, Stephanie Faubion, Faubion, Karen Adams, Jefferies, Kaumil Gajrawala, Bayer, Progyny, Sasha Kelemen Organizations: McKinsey, Health, Mayo Clinic Center, Women's Health, Stanford University, Pfizer, Dare, Food and Drug Administration, Vistagen Therapeutics, Gennev, Midi Health, Leerink Partners Locations: U.S, Tokyo

☆ Putin is coasting towards another term in power. Here’s what to know about Russia’s presidential election
▼ + stars: | 2024-03-14 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

CNN —Russia is holding a presidential election that is all but certain to extend Vladimir Putin’s rule throughout this decade and into the 2030s. But this is not a normal election; the poll is essentially a constitutional box-ticking exercise that carries no prospect of removing Putin from power. But that is not to say Russians expect the election to change the direction of the country. Russia’s elections are neither free nor fair, and serve essentially as a formality to extend Putin’s term in power, according to independent bodies and observers both in and outside the country. In order to vote against Putin, you just need to vote for any other candidate,” he said on February 8.

Persons: Vladimir Putin’s, Putin, Alexey Navalny, Natalia Kolesnikova, Joseph Stalin, Putin’s, Dmitry Medvedev, euphemistically, —, Abbas Gallyamov, Gallyamov, ”, Callum Fraser, Nikolay Kharitonov, Leonid Slutsky, Vladislav Davankov, Davankov, Vladimir Zhirinovsky, Boris Nadezhdin, Yekaterina Duntsova, Duntsova, Leonid Volkov, Volkov, Stringer, Alexey Navalny –, –, Yulia Navalnaya, “, “ Putin, Don’t, Navalnaya Organizations: CNN, Russian, Duma, Getty, Levada, Central, Commission, Royal United Services Institute, Communist Party, Slutsky, Liberal Democratic Party of Russia, Kremlin, CEC, Freedom, Putin, European Union, Foreign Affairs Locations: Russia, Ukraine, AFP, Soviet, Lithuanian, Vilnius, Chechen, Grozny, Moscow, Russian

☆ Opinion | Yes, the Internet Is Broken. But What Does a Fix Look Like?
▼ + stars: | 2024-03-13 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Tuesday was the 35th anniversary of the day that Tim Berners-Lee of the European Organization for Nuclear Research wrote the memo proposing what became the World Wide Web. I think it’s fair to say, though, that most people are not in the mood to celebrate what has become of Sir Timothy’s invention. It’s common to hear that the internet is broken and that social media is a dumpster fire. A lot go in the right direction, but I haven’t seen anything that seems likely to fully solve the many problems of today’s internet, from invasions of privacy to incitements of violence. Lasting solutions, if there are any, are likely to come from a combination of technological, legal and cultural approaches.

Persons: Tim Berners, Lee, Elizabeth II, Sir, I’ve Organizations: European Organization for Nuclear Research Locations: United States

☆ How producer Nick Lee helped Ariana Grande make the most personal song on her new album
▼ + stars: | 2024-03-13 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Ariana Grande's new album "Eternal Sunshine" ends with a personal ballad called "Ordinary Things." AdvertisementIf Ariana Grande's new album "Eternal Sunshine" has a moral, it won't be found on the club-ready lead single "Yes, and?" It's the most intimate moment on Grande's seventh album, "Eternal Sunshine," released Friday, and it all came together with the help of Nick Lee. Lee, who is credited as a coproducer on "Ordinary Things," made the song's original beat with his friend Luka Kloser. "Intro (End of the World)" and "Ordinary Things" frame the album as a sacred quest to find peace and romantic clarity.

Persons: Ariana Grande's, Nick Lee, Lee, —, Grande, Marjorie Grande, nudging, he'd, Luka Kloser, Max Martin, it's, Kloser, Martin, Shintaro Yasuda, Aaron Paris, Nonna, Lee wasn't, that's Organizations: Grande, Service, Business, Spotify Locations: New York City, Los Angeles

☆ TikTok employees feel 'numb' to latest political attacks in Washington
▼ + stars: | 2024-03-13 | by ( Dan Whateley | ) www.businessinsider.com time to read: +3 min

They, along with the other TikTok and ByteDance employees in this story, spoke on the condition of anonymity. Even if the House's "Protecting Americans from Foreign Adversary Controlled Applications Act" is signed into law, TikTok employees have good reason to believe it won't stick. For current TikTok and ByteDance employees, it's become increasingly difficult to understand which threats are real and which are political bluster. "For my team, we're so busy we don't really think about it," a third staffer told BI when asked about the House bill. "If they do ban TikTok, I can imagine Congress' approval rating dropping even more," they said.

Persons: Trump, haven't, ByteDance, I've, TikTok, it's Organizations: Business, Foreign Locations: China, TikTok, Montana

☆ Transcript of Biden's interview with Robert Hur shows the president cracked jokes about his wife and mimicked car sounds
▼ + stars: | 2024-03-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The transcript suggests critiques of his memory may be overblown and shows Biden's sense of humor. "I just hope you didn't find any risqué pictures of my wife in a bathing suit," The Washington Post reported the president told federal prosecutors. The Post reported he mimicked the sound of a car twice during the discussion, with the transcript reading "(Makes car sound)" and "(Laughter)." "Remember, in this timeframe, my son is — either been deployed or is dying," NBC reported Biden said. "No," the Post reported Biden said, explaining the significant effect Beau's 2015 death from a brain tumor had on him.

Persons: Joe Biden's, Robert Hur, Biden, —, South Carolina Sen, Lindsey Graham, Hur, Beau Organizations: Service, Washington Post, Post, South Carolina, Business, Biden, NBC, Trump Justice Department, The New York Times

☆ Yellen touts electric vehicle 'boom' as automakers tone down hype
▼ + stars: | 2024-03-13 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden's investment in electric vehicles for accelerating the sector, even as the industry cools off from its yearslong hot streak. Yellen touted Biden's EV actions in Kentucky at a new $49 million EV battery factory built by Advanced Nano Products, a battery supplier that will receive tax credits from Biden's Inflation Reduction Act for the new clean energy facility. "It's part of a boom in EV-related investments in Kentucky," Yellen said. "The Biden Administration's policies and federal funds are fueling private sector investments." The secretary's EV bullishness comes as the private sector tempers its mood on all-electric vehicles.

Persons: Janet Yellen, Joe Biden's, Yellen, Biden, optimistically Organizations: Treasury, Financial, Washington , D.C, EV, Nano Products, bullishness, CNBC, Ford, General Motors, IRA Locations: Washington ,, Kentucky, EVs, Michigan

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