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☆ Automakers need more time to meet U.S. minerals requirements for EVs -execs
▼ + stars: | 2022-10-19 | by ( Ben Klayman | ) www.reuters.com time to read: +5 min

"We believe it's unfair," he added, pointing out that none of the South Korean automaker's EVs qualify for the credit. Munoz said U.S. legislators should offer companies investing in the United States some type of waiver or a longer transition period. Automakers are trying to figure out how their vehicles will meet the new law's requirements to qualify for EV tax credits. Details of the act are still being ironed out and the U.S. Treasury is currently taking comments on how to implement the rules around the EV tax credits. "We're pretty well positioned," he said at the Reuters conference, citing the Detroit automaker's four U.S. battery plants the company has announced and its raw materials supply deals.

☆ Fact Check-Monkeypox, polio and new COVID variants are not ‘planned’ as ‘scare tactics’ to affect the U.S. midterms
▼ + stars: | 2022-10-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

Monkeypox and polio outbreaks, or new COVID-19 variants, have not been “planned” or orchestrated as “scare tactics” to manipulate the Nov. 8 midterm elections in the United States. As laid out in a Reuters explainer (here), experts agree that the major driver behind both vaccine-derived and wild polio outbreaks remains an under-vaccinated population. “Monkeypox is nothing more than a scare tactic to make you stay home and not vote in the November elections. Experts contacted by Reuters dismissed claims that these disease outbreaks are connected to election cycles and said they would not disrupt the upcoming electoral process. There is no evidence that monkeypox and polio outbreaks or new COVID-19 variants have been orchestrated as “scare tactics” to manipulate the U.S. midterm elections.

The watchdog's latest annual report said it had 72 open insider dealing cases as of 31 March 2022, compared to 71 the prior year. It had 88 open insider dealing cases as of March 2020, before the pandemic gripped Britain. Stamping out market abuse such as insider dealing – trading a company's publicly-quoted securities with access to confidential, market-moving information - is a key enforcement area for the FCA. The FCA said the insider dealing arrests and searches disclosed to Reuters related to suspect activity both before and after March 2020, when Britain first imposed COVID-19 lockdowns. The watchdog added they were unrelated to four insider dealing prosecutions it had commenced since March 2020.

The U.S. aviation giant is looking to digital technology to accelerate production of new aircraft, said Susan Doniz, Boeing's chief information officer, at the Reuters Momentum conference in Austin on Tuesday. Register now for FREE unlimited access to Reuters.com RegisterSome employees expressed reluctance over tools Boeing offered to help them, too. The metaverse, not just a place where Boeing may one day build its planes, is a concept where people can have an avatar in vast virtual lands. There even is discussion about creating "digital twins" of the real world -- and its problems, said Morgan McGuire, Roblox's chief scientist. "There's a lot of things in the real world that are really serious and are really bad," McGuire said at the conference.

Ukraine has accused Russia of deploying missiles made by MMZ Avangard against ground targets since Russia launched what it terms its "special operation" on Feb. 24. "Extreme equipment is used on Russian warships," the complaint said, "in communications systems." "It was necessary to use a cover because the Russian company is blacklisted in the U.S.," one of the people familiar with the shipments said. The executive said he had never heard of Extreme or of DEMZ buying Extreme equipment for itself or on behalf of others. Like MMZ Avangard, United Shipbuilding has been listed as a "blocked" entity by the U.S. Treasury since July 2014.

The U.S. aviation giant is looking to digital technology to accelerate production of new aircraft, said Susan Doniz, Boeing's chief information officer, at the Reuters Momentum conference in Austin on Tuesday. Register now for FREE unlimited access to Reuters.com RegisterSome employees expressed reluctance over tools Boeing offered to help them, too. The company deployed the HoloLens, mixed-reality headsets from Microsoft Corp (MSFT.O), so staff could wire aircraft with manuals before them digitally. There even is discussion about creating "digital twins" of the real world -- and its problems, said Morgan McGuire, Roblox's chief scientist. "There's a lot of things in the real world that are really serious and are really bad," McGuire said at the conference.

☆ Fact Check-Democrat-proposed bill aims to expand translation of voting materials, not allow non-citizen voting
▼ + stars: | 2022-09-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

An amendment struck down by House Judiciary Democrats has led to debate online, with critics claiming the move indicates they support non-citizens voting in U.S. 8770 and Section 203 of the Voting Rights Act are not about expanding voting rights to non-citizens or changing legislation that prohibits non-citizen voting. He said the amendment was voted down because it was irrelevant and unnecessary, adding that the underlying bill had nothing to do with non-citizen voting. “(It) would not have changed a single practical aspect about federal law applicable to non-citizen voting,” he said. This bill was not about the legality of non-citizen voting.

☆ A former 'The Apprentice' contestant who first pitched Truth Social to Trump has left the company behind the app, report says
▼ + stars: | 2022-06-29 | by ( Isobel Asher Hamilton | ) www.businessinsider.com time to read: +3 min

Andy Dean Litinsky, a senior exec at the company behind Truth Social, left months ago Reuters reports. Litinsky is a former "The Apprentice" contestant who reportedly pitched Truth Social to Donald Trump. Andy Dean Litinsky — who sometimes goes by just Andy Dean — appeared as a contestant on the first season of "The Apprentice" with Trump in 2004, and was hired by Trump in 2006 to head up his production company Trump Productions. The New York Times, The Guardian, and Reuters reported Litinsky pitched the idea for Truth Social to Trump along with fellow former "The Apprentice" cast member Wes Moss in January 2021. One source told The Guardian in April that Litinsky and Moss were the "senior, day-to-day leadership" at Trump Media and Technology Group, the company behind Truth Social.

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