White House backs effort to standardize EV plugs
The White House supports standardizing EV charging plugs to use Tesla's North American Charging Standard across all U S EVs. SAE International confirmed the NACS standard, aiming to expand charging access and boost EV sales amid decarbonization goals. President Biden seeks 50 percent of new vehicle sales electric by 2030.
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Google to pay 700 million in app store settlement
Google will pay 700 million dollars and provide other concessions to settle claims it stifled competition in the Android Play Store. The pact with state attorneys general includes 630 million for consumer compensation tied to in app purchases and payment processing, with about 102 million U.S. users eligible for payments.
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TSX climbs on broad gains led by base metals and banks
Canada’s S&P/TSX composite rose about 217 points as base metal and financial stocks led a broad rally. U.S. indexes gained while traders eyed a potential first rate cut in 2024 amid mixed inflation data and strong housing starts.
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