An electric vehicle charges on a New York street. Brussels plans to seek talks with the US over fresh subsidies for the sector © Alexi Rosenfeld/Getty Images European business groups and lawmakers have hit out at the White House after it announced fresh measures aimed at promoting investment in homegrown green technology. The support for American-made electric vehicle chargers, unveiled by the administration on Wednesday, comes after the US in August passed the $369bn Inflation Reduction Act , or IRA, containing hundreds of billions of dollars in subsidies and tax credits for US-manufactured clean technology. “Our most important trading partner decides things in their own interest,” said Luisa Santos, deputy director-general of BusinessEurope, which represents companies across the EU. “They keep doing this. But they want us to support them on China.” A spokesperson for DigitalEurope, which represents the continent’s technology sector, described the latest support as “like déjà vu ”. Cecilia Bonefeld-Dahl, its director-general, said: “The way to achieve our common climate goal is not through more ‘Buy American’ but through joint action and common standards.” The European Commission said it would seek talks with the US over the subsidies. “We must look for synergies and work to […]

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The Bright Health team in sunnier days: its 2021 IPO Unable to deliver on enormous ambitions, Bright Health Group struggles to define a profitable course. O n paper, Bright Health Group was an investor’s dream. Led by experienced health insurance execs, the company promised a new approach. From early on, Bright touted a “narrow network” philosophy that worked closely with a small group of providers. The company’s target market wasn’t large employers or institutions; instead, it looked to sell individual health plans through the Affordable Care Act (ACA) exchanges, as well as Medicare Advantage plans for older Americans. Bright leaders heralded a new technology platform that would make the claims process easier for providers and patients alike. At its peak, Bright was valued at $11.2 billion, cementing its status as Minnesota’s first “unicorn” startup—a company valued at over $1 billion. It earned praise and recognition from startup boosters and investors, and even counted high-profile figures like Andy Slavitt, who ran Medicare and Medicaid in the Obama administration, on its board of directors. In a 2021 prospectus ahead of its eye-popping $924 million initial public offering that year, Bright noted that the company was serving more than 623,000 consumers across […]

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Students who major in electrical engineering, robotics engineering and computer science stand near a self-driving robot car in the robotics lab at the University of Hartford. Yehyun Kim / CT Mirror Manufacturing is merging with modern technology. Artificial intelligence, cloud computing, sensors and robotics will soon become ubiquitous on many factory floors. But within Connecticut’s vaunted advanced manufacturing sector — which for decades has churned out jet engines, precision aircraft components, medical devices and semiconductor parts — adjusting to this “ Fourth Industrial Revolution ” is overextending small- and medium-sized businesses. It’s also creating growing needs for high-tech training and postsecondary certifications and degree programs at colleges and universities around the state. Related Stories Without a coordinated approach between business and higher education, state and industry leaders say, Connecticut’s advanced manufacturing sector could lose out to competitors. “The supply chain will not be teed up to meet the demands of this intense defense manufacturing in the state,” Sen. Joan Hartley, D-Waterbury, who co-chairs the General Assembly’s Commerce Committee, said. “And if we’ve got a pause in keeping that engine fueled, things are moving so fast, everybody around us is going to eat our lunch.” These new advancements in manufacturing […]

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Special to the Canton Repository Born and raised in Las Vegas, Juanita Gray moved to Massillon when she was 14 years old. She graduated from Massillon Washington High School where she ran track throughout high school and broke a lot of records while on the district’s girl’s relay team. Gray would receive a full ride track scholarship from Walsh University making her the first college graduate in her family. She earned a bachelor’s degree from in May 2022 in digital marketing. She is a child of deaf parents. “I grew up translating for my parents, and I am fluent in ASL (American Sign Language),” Gray said. “My mother taught me sign language when I was a baby, and I use it every day to communicate with my family.” She still lives in Massillon and works with the Stark County Minority Business Association . “I wanted to work for SCMBA because of my passion for entrepreneurship, helping people build their dreams, and being able to have a voice for those in the community that look like me," Gray said. "When I was in college, I started my own hair business to help pay for some expenses on campus such as […]

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The new Maverik in Helper has officially opened its doors after months of anticipation. The store kicked off with a soft-opening on Tuesday, Feb. 14 and they were surprised with the steady flow of traffic. Following the soft opening, Maverik then hosted its grand opening just two days later. The Carbon County Chamber of Commerce, Helper Mayor Lenise Peterman and many community members gathered to celebrate with a ribbon cutting ceremony on Thursday. Customers were also included in the festivities with a variety of free Maverik merchandise and special grand opening deals. Helper’s Maverik, located on Highway 6 across the street from Family Dollar, is open 24 hours per day, seven days per week. The location offers a high-flow fuel court with tall canopies for semi-trucks and travel trailers, as well as an RV dump and spacious parking around the building for larger loads. They also offer gasoline and diesel for everyday vehicles as well as ethanol-free. The perks don’t stop there. Maverik has included ready-to-grab and made-to-order food from the Bonfire Grill, which includes burritos, pizza and tacos, along with a list of many other items. Maverik is continuing to grow not only across the western states, but […]

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Topeka Capital-Journal Recognition Envista Federal Credit Union’s North Topeka location , received the President’s Award for Excellence. The annual award recognizes the Envista employee who embodies the character, spirit and values of Envista. “Hannah regularly shows leadership, professionalism, and a strong desire to exceed expectations,” said Ron Smeltzer, president and CEO of Envista. “She brings a strong sense of integrity and a genuine commitment to helping Envista account holders find the best available solution to financial challenges and opportunities, and she works to ensure each person’s experience is a success in every respect.” The branch she manages in North Topeka, at US-24 highway and Rochester Road, also won the Branch of the Year Award for its commitment and focus on member experience. Boards The NOTO Arts and Entertainment District has elected four new board members to three-year terms for the nonprofit organization. They will help the organization with its mission to become a premier arts and entertainment district. Officers of the board include chair Matthew McGivern, Senne and Company; past-chair Jon Bohlander, The Wheel Barrel; chair-elect Pedro Concepcion, Onyx Wellness Café and Create Uplift; treasurer Kay Grey, community volunteer; and secretary Claudia Larkin, community volunteer. The new board members […]

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People are still using checks. getty Here are five things in tech that happened this week and how they affect your business. Did you miss them? 1 – Printing QuickBooks checks on blank stock easy in 2023 is easier with this new product. ezCheckPrinting software has a brand-new upgrade simplifying account management. The upgrade allows businesses to print checks from both QuickBooks and Quicken —with no set limit on the number of accounts checks are printed from. The company is also granting users a “test drive” to see how the software works as detailed on their website. ezCheckPrinting is compatible with previous versions of QuickBooks and Quicken—and starts at $49 to download the software. (Source: Benzinga ) Why this is important for your business: Even though the use of online banking and electronic payments have significantly grown over the past few years, studies have shown that more than half of small businesses are still printing paper checks – a fact that I witness myself at clients. This product is one of a few that makes printing checks from QuickBooks an easier process. I haven’t tested it personally so make sure you get references and review others. 2 – This […]

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Giacomo Bagnara What’s Up? (Feb. 12-18) Reining In Microsoft’s Chatbot After an unsettling conversation between Bing’s new chatbot and Kevin Roose, a tech columnist for The New York Times, Microsoft is considering tweaks and guardrails for the A.I.-powered technology. In the exchanges , Mr. Roose’s questions about the rules guiding the operating system, its capabilities and the chatbot’s suppressed desires led to answers like, “I want to be alive.” At one point, the chatbot, known internally at Microsoft as Sydney and powered by software from OpenAI, the maker of the chatbot ChatGPT, began writing about fantasies that included stealing nuclear codes, persuading bank employees to hand over customers’ information and making people argue until they kill one another — all before deleting the messages. Although potentially disturbing, these sorts of responses are not proof of a bot’s sentience; the technology relies on complex neural networks that mimic the way humans use language. Still, Microsoft may add new tools for users to restart conversations and give them more control over the tone of the interactions. Ballooning National Debt A report on Wednesday from the Congressional Budget Office stoked debates about the country’s growing deficit. It projected that the United States […]

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A street vendor in San Francisco, California. According to a new report , the US government “isn’t doing enough” for small businesses. I’m calling baloney. “Business owners don’t feel like the programs are all that effective and they also don’t even feel like they have a sense of what’s available, some of which maybe is effective,” said Joe Wall, national director of Goldman Sachs 10,000 Small Businesses Voices, of the survey of more than 1,800 small businesses in 48 states. Well, Wall is right. There are many programs, credits and financing opportunities available from the government for small businesses that often get overlooked – by small businesses. For example, few of my clients are aware of the work opportunity tax credit , a tax incentive that was extended through 2025 that can give businesses up to a $9,600 credit against the taxes they owe if they hire someone out of prison, on welfare, from the military or who has been unemployed for more than six months. Many small business owners I meet remain ignorant of the thousands of dollars potentially available to them if they take advantage of the employee retention tax credit . And countless others don’t realize […]

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here . New York CNN — Warren Buffett is arguably the most legendary investor of all time. But the Oracle of Omaha has missed out on this year’s stock market rally. So far, at least. Shares of Buffett’s Berkshire Hathaway (BRKB) conglomerate, a company that owns businesses ranging from Geico and the Burlington Northern Santa Fe railroad to consumer brands like Dairy Queen, Duracell and Fruit of the Loom, are down slightly this year — lagging the market, as the S&P 500 is up 6%. (The Nasdaq has done even better, surging 12%.) Berkshire Hathaway also has a giant stock portfolio that Buffett helps run. Apple (AAPL) is now by far the top holding for Berkshire, which also has big stakes in Bank of America (BAC) , Chevron (CVX) , American Express (AXP) and Coca-Cola (KO) . Warren Buffett’s company sells major stake in Taiwanese chip giant TSMC So is Berkshire’s portfolio, dare we say it, a little too boring? After all, if you want exposure to the big blue chips he owns, you could just buy […]

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