Key Points: Two senior United States officials claim SMIC actively sends advanced chipmaking equipment to the Iranian military. The secret hardware transfers started roughly 1 year ago and likely include hands-on technical training for Iranian forces. This development seriously complicates...
Tesla Inc., founded by Martin Eberhard and Marc Tarpenning in 2003, is a trailblazer in the electric vehicle (EV) and clean energy sectors. A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders. Recognized for its groundbreaking electric...
Key Points: Federal Reserve leaders warn the ongoing war in Iran will likely cause a short-term rise in global inflation. Vice Chair Philip Jefferson stated that higher energy prices force families to cut back on their discretionary spending. The United States unemployment rate should hover around 4.4% this year as overall job creation remains relatively...
