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Saturday June 10th, 2023: Electric car battery breakthrough, IRS crackdown, sustainable fashion & more
Greater Bay Technology's electric car battery can charge from 0% to 80% in just six minutes, the IRS is cracking down on the Employee Retention Credit, the fast fashion industry has doubled clothing production in the last two decades, leaked documents reveal that Russian oligarch Roman Abramovich invested in seven companies that received government contracts in the United States and United Kingdom, Schroders Plc and Canada Life have cut ties with asset management businesses linked to Crispen Odey, small businesses are becoming increasingly popular on social media, Bed Bath & Beyond has extended the auction process for its Buy Buy Baby chain of stores, the BlackRock Emergency Savings Initiative has reached a milestone of more than 2 billion dollars in net new savings, former Canopy Growth CEO Bruce Linton discusses the company's declining revenue and stock price, and the global Telecom Analytics Market is projected to grow at a compound annual growth rate of 13.7%.
