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‘Car guy’ Biden touts electric vehicles at Detroit auto show

DETROIT (AP) — President Joe Bidena “car guy” with his own vintage Corvette, showcased his administration’s efforts to promote electric vehicles during a Wednesday visit to the Detroit auto show. Biden traveled to the massive North American International Auto Show to plug in the huge new climate, tax and health care law which offers tax …

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Asian markets open lower after price data slam Wall Street

Asian markets slipped on Wednesday after Wall Street fell the most since June 2020, with a report showing inflation maintained a surprisingly strong grip on the US economy. The benchmark Tokyo Nikkei 225 lost 2.8% in early trading on Wednesday to 27,816.58, while Sydney’s S&P/ASX 200 fell 2.5% to 6,834.80. In Seoul, the Kospi lost …

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FDA panel backs much-debated ALS drug in rare, 2nd review

WASHINGTON (AP) — A panel of federal health advisers voted Wednesday to recommend approval of an experimental drug to treat Lou Gehrig’s disease, a remarkable turnaround for the highly controversial drug which was previously rejected by the same group earlier this year. Food and Drug Administration advisers voted 7 to 2 that Amylyx Pharma’s data …

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California moves toward phasing out gas-fueled vehicles

SACRAMENTO, Calif. (AP) — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved by regulators Thursday that aims a drastic reduction in carbon emissions and the eventual end of gasoline. Vehicles. The California Air Resources Board’s decision came two years after Governor …

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