The Biden administration’s China chip curbs are prompting chipmakers to relocate production chains to neighboring countries, experts say.Story Published at: December 13, 2022 at 01:43AM

FTX CEO Sam Bankman-Fried refused to testify at a Wednesday hearing in front of the Senate Banking Committee. Story Published at: December 12, 2022 at 10:38PM

Both automakers decreased their fuel economy and increased C02 emissions since the 2016 model-year, as did Hyundai Motor, Mazda and Volkswagen. Story Published at: December 12, 2022 at 09:54PM

Consumer inflation likely cooled in November, but prices continue to rise at a still high rate, particularly for services.Story Published at: December 12, 2022 at 09:18PM

Bernard Arnault is now the richest man in the world, dethroning Tesla CEO Elon Musk after a continued decline in Tesla share price, according to Forbes.Story Published at: December 12, 2022 at 09:14PM

Police in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency Tether.Story Published at: December 12, 2022 at 03:54PM

Iran has long held what activists and other governments say are sham trials in order to imprison or execute critics of the state. Story Published at: December 12, 2022 at 02:55PM

Musk’s appearance at a Dave Chappelle show in San Francisco was met with a chorus of boos from the crowd. Story Published at: December 12, 2022 at 12:34PM

Rivian said it remains open to exploring future work with Mercedes-Benz “at a more appropriate time.”Story Published at: December 12, 2022 at 09:35AM

U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange and took a near 4% stake in the U.K. bourse operator.Story Published at: December 12, 2022 at 07:40AM