DefenseNews

Get the US Navy’s frigate program back on schedule

April 16, 2024
The recent review of shipbuilding progress is an important step in correcting the current cost overruns and schedule slippage. However, the U.S. Navy secretary’s rather timid response of only directing the FFG design team to gather at the shipyard was far too timid. Many had hoped this program would solve the problem of small, anti-submarine warfare ships, replacing the FFG-7 class. Those hopes…
Read more
Cleantech & EV'sNews

Tesla lays off 'more than 10%' of its global workforce

April 16, 2024
Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. We exclusively reported yesterday that Tesla was prepping a massive layoff. For the last few months, it has looked like Tesla might be preparing for a round of layoffs. Tesla told managers to identify critical team members, and paused some stock rewards while canceling some employees’…
Read more
CryptoNews

Bank of Russia Supports Cryptocurrency Usage for International Settlements

April 16, 2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast, payments with national digital assets will be launched without similar precautions. Bank of Russia…
Read more
Cleantech & EV'sNews

Illinois to spend $25.1 million on public EV charging infrastructure

April 15, 2024
Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program. That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being awarded to 20 applicants, and will eventually fund 643 new Direct Current Fast Charging (DCFC) ports at 141 locations…
Read more