EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows

(Reuters) – Electric vehicles and plug-in hybrids are seeing concerns over their reliability easing but they still lag gas-powered vehicles, a survey by an influential U.S. non-profit organization showed on Thursday. EVs now have 42% more problems than their gas-powered counterparts, down from last year’s 79%, according to the Consumer Reports (CR) annual auto reliability…

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Elon Musk brings Trump’s ‘government efficiency’ push to Capitol Hill

By Andy Sullivan WASHINGTON – Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers whose support they will need to win the sweeping spending cuts that President-elect Donald Trump has asked them to find. The two entrepreneurs have been named by Trump to a task force that aims for…

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Explainer-What is known about the shooting of UnitedHealth executive Brian Thompson 

(Reuters) – New York City police were still searching for the man who killed UnitedHealth executive Brian Thompson outside a Midtown Manhattan hotel early Wednesday. Here is what is known about the incident, Thompson, and the suspect:     WHAT HAPPENED? HOW DID THE SUSPECT ESCAPE? At about 6:45 a.m. ET on Wednesday, Thompson was walking from…

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Tariffs under first Trump term hurt US firms, NY Fed analysis says

By Howard Schneider (Reuters) – Import tariffs during President-elect Donald Trump’s first term broadly lowered stock values on the day they were unveiled, and were associated with lower future profits, sales and employment for the firms whose equity prices were hit the hardest, new analysis by Federal Reserve Bank of New York staff concluded. Firms…

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