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Ford’s CATL deal in Michigan questioned by Missouri Rep. Jason Smith
WASHINGTON — U.S. Rep. Jason Smith, R-Mo., is trying to find more data from Ford Motor Co. about the automaker’s offer with China’s Modern Amperex Engineering Co. Ltd. to use its technologies at a prepared $3.5 billion battery plant in Michigan. In a letter despatched Monday to Ford CEO Jim Farley, Smith lifted problems around whether or not the arrangement leans on a “loophole” in the electric powered automobile tax credit’s battery part sourcing prerequisites and goes towards the law’s intent of U.S. vitality security and lowering dependence on international adversaries this kind of as China for battery elements and producing. “This arrangement seems to leverage a loophole in the…
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Jason Oppenheim warns of an ‘armageddon’ in the real estate industry
The genuine estate field could soon be upended, suggests star broker Jason Oppenheim. Oppenheim – who prospects a workforce of glamorous brokers on Netflix (NFLX) reality series “Promoting Sunset” – lately sat down with Yahoo Finance to talk about the latest state of the U.S. genuine estate current market. Throughout the far-ranging conversation, he warned that the industry’s fee composition could shortly adjust permanently. “To be specific about actual estate brokers, we’ve got federal regulators and a couple of lawsuits coming down the pipeline that at worst scenario could be an armageddon for genuine estate agents,” he mentioned. “You may possibly see regulators uncouple the commission framework where the seller…