Ferrari will churn out gas guzzlers on its slow road to electric drive

MARANELLO, Italy, June 30 (Reuters) – Ferrari (RACE.MI) makes some of the fastest cars on the road, but the Italian luxury automaker is taking the slow lane towards an electric future while trying to balance the technology’s disadvantages over the to overcome today’s powerful fossil fuel engines. At an investor day this month, executives promised … Read more

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons testing

SEOUL, June 29 (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-hit country and its weapons programs. North Korea has poured resources into cryptocurrency theft in recent years, making it a … Read more

Unpredictable chemical shortage hits US farms

CHICAGO, June 27 (Reuters) – U.S. farmers have cut back on the use of common herbicides, sought substitutes for popular fungicides and altered planting schedules amid ongoing shortages of agricultural chemicals that threaten to cut harvests. Spraying smaller amounts of herbicides and using less effective fungicides increases the risk that weeds and diseases will affect … Read more

Biden administration leans on Tesla to reform renewable fuel policy

Jun 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately, his government has leaned on the company to help draft a new policy to allow electric vehicles (EVs) to benefit from the country’s lucrative renewable fuel subsidies, according to emails verified by Reuters. The Biden … Read more

US tech companies are ripping up job vacancies and leaving college graduates to ponder

June 22 (Reuters) – One by one, Twitter Inc (TWTR.N) called some members of its newly hired class who had recently graduated from college during the last week of May and retracted the job offers within 15 minutes of calls, according to some of the recipients. “It was traumatic,” Iris Guo, a Toronto-based associate product … Read more