$52B chip bill stuck in legislative limbo: The CHIPS for America Act would help offset some of the losses suffered by American chipmakers or allow them to pursue expansion plans.

This year, 120.0 million US adults will book travel via digital channels. While that figure is up 29.7 million from 2020’s pandemic low, it’s 6.2 million fewer digital travel bookers than in 2019.

For automotive and technology companies like Apple and Tesla, which manufacture the bulk of their products in China, this could lead to critical shortages and price increases due to scarcity. What if it doesn’t work? An unsuccessful lockdown could result in a surge of coronavirus infections that could spread to other provinces and extend production and recovery timelines.

Elon Musk and Twitter agree to $43.4B buyout: Musk hopes to take Twitter private with less content moderation and more free speech but will need to consider ramping up advertising to cover debt financing costs.

Supply chain disruptions could delay smartphone, PC, and automotive releases later in the year, as well as shrink device output as supplies run out. Higher costs of minerals, production, and logistics will inevitably be passed on to consumers. For example, new cars and trucks—already up in prices due to high demand resulting from the pandemic— are expected to become even more expensive.

., 3-2-1 or 2-1), which rewards cardholders for travel-related purchases via the top tier (travel purchase examples include but are not limited to airline ticket, car rental, hotel stay, transit, and travel agency purchases; gas and dining purchases are excluded), or 2) a flat-rate program that offers miles as the primary rewards currency.

Mineral arms race dives deep: The future of clean energy and ocean ecosystems hangs in the balance of the UN’s closed-door decision-making on deep-sea mining. Yet there are greener trajectories.

Ford to offer EV charging, telematics as a service: Covering EV pain points can help Ford gain a foothold in the commercial EV market and lead to wider adoption by government and businesses.

Fragrances will see about $240 million in US ecommerce sales this year, following a massive 72.9% growth rate in 2021, when consumers returned to social activities but stuck with their pandemic-induced habit of shopping online.

The news: While Volkswagen, the world’s second-largest carmaker, has dipped its toes in the EV space with a few electric cars, a new report reveals it could buy Huawei’s autonomous driving unit, raising the stakes in the automotive industry.