Production Of These Popular SUVs Was Just Shut Down

After the Indian government banned 59 apps owned by Chinese firms last week, the videoconferencing app Zoom is fighting xenophobic rumors on social media that it is Chinese-owned. It’s not — the company is American and is scrambling to let Indians know. In a blog post on Tuesday, Velchamy Sankarlingam, Zoom’s president of product and…

The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.

Marmax Products in County Durham recycles plastic to make outdoor furniture such as picnic tables. Last year, the firm finally made the switch from incandescent bulbs to LED lighting in its warehouse and offices. “We felt that, because of our product range, we were doing our bit,” says Dave Johnson, general manager. It was an…

A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China  when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…

Comment on this storyComment Add to your saved stories Save Some of the roughly 5 million families who receive rental assistance from the U.S. government could see sharp cuts to their benefits — and even the threat of eviction — unless lawmakers in Washington can craft a budget deal that fully funds key housing programs…

The project meant to debut small modular reactors, the technology the nuclear energy industry hopes will spur a renaissance of atomic power construction, collapsed Wednesday night amid mounting financial troubles. The NuScale Power Corporation based in Portland, Oregon, whose SMR design became the first in U.S. history to win the Nuclear Regulatory Commission’s approval last…