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The federal government is providing $1.7 billion in grants to help revitalize 11 shuttered or at-risk auto manufacturing and assembly facilities — including two in Michigan, the White House and Department of Energy said early Thursday. The grants will go to projects across eight states — Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia. Collectively, according to the Biden administration, the projects could result in the creation of 2,900 new jobs and the...

The Biden administration on Thursday awarded $1.7 billion to convert nearly a dozen shuttered or at-risk automobile plants into factories that can make electric vehicles and their parts. The grants will assist 11 plants across eight states — Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia — and are designed to support “good-paying union jobs” while helping the U.S. compete with foreign players in the EV market, according to the Department of Energy....

The Energy Department on Thursday unveiled $1.7 billion for retooling 11 auto factories to make electric vehicles and their components, with a focus on facilities that have shuttered or could close without federal help. The funding underscores how the Biden administration is racing to get climate money out the door before the November election, even as it faces criticism for not moving faster on green lending. Should former president Donald Trump win a second term, he could try to...

As recently as February, Tractor Supply Co., known for selling animal feed, pet food and lawn and garden equipment to hobby farmers, told investors that climate change was a significant threat to its business. Any delay or failure to meet its goals of cutting emissions 50% in six years and achieving net zero emissions by 2040 could hurt “public perception of our business, employee morale, customer or stockholder support” and its financial performance, the company said in its annual...

While the latest wave of artificial intelligence seems to be in everything from the workplace to our personal devices, we’re not yet at the “exponential growth phase” of its usage, an Amazon Web Services executive told Quartz.

The Democratic Socialists of America, a prominent liberal group, is rescinding its national endorsement of Rep. Alexandria Ocasio-Cortez (D-NY) because the congresswoman didn’t fulfill the organization’s criteria in its initial “conditional” endorsement. “Earlier this week, the NPC received a request from NYC-DSA SC to withdraw the endorsement because it took place after the New York Democratic Primary, and they did not expect a conditional endorsement or feel it was...