Latest Government aid for industry News

Security review after protesters disrupt Berlin air traffic

Nov. 25, 2022 07:35 AM EST

BERLIN (AP) — Authorities in Germany on Friday were reviewing security measures at Berlin's airport a day after six climate activists invaded the grounds and briefly disrupted flights. German news agency dpa quoted a spokesman for Berlin Brandenburg Airport saying that Thursday's...

German extends energy subsidy plan for consumers, companies

Nov. 22, 2022 06:54 AM EST

BERLIN (AP) — Consumers and businesses in Germany will receive subsidies to soften the blow of higher natural gas and electricity prices starting in January, two months earlier than originally planned, officials said Tuesday. The move is part of a larger pot of almost 300 billion...

Feds offer $1B to keep California's last nuclear plant open

Nov. 21, 2022 14:35 PM EST

WASHINGTON (AP) — The Biden administration on Monday announced preliminary approval to spend up to $1.1 billion to help keep California's last operating nuclear power plant running, even as officials turned down a request for financial aid to restart a closed nuclear plant in Michigan. ...

UK budget takeaways: Higher taxes, more aid to needy

Nov. 17, 2022 10:03 AM EST

LONDON (AP) — The British government on Thursday unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a deepening cost-of-living crisis. Treasury chief Jeremy Hunt said...

Crypto exchange giant FTX collapses, files for bankruptcy

Nov. 11, 2022 16:46 PM EST

NEW YORK (AP) — It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, sought bankruptcy protection after the exchange experienced the crypto...

California seeks to pair home energy storage, rooftop solar

Nov. 10, 2022 16:47 PM EST

SACRAMENTO, Calif. (AP) — California regulators on Thursday proposed changes to the state's residential solar market designed to encourage more at-home battery systems that can help the electrical grid rely less on fossil fuels in the evenings, especially during heat waves. It's...

Climate protesters target Warhol art in Australian gallery

Nov. 08, 2022 23:54 PM EST

CANBERRA, Australia (AP) — Climate protesters in Australia on Wednesday scrawled graffiti and glued themselves to an Andy Warhol artwork depicting Campbell's soup cans but didn't appear to damage the piece because it's encased in glass. It was the latest incident in which climate...

Democrat Ron Wyden wins reelection to US Senate from Oregon

Nov. 08, 2022 23:49 PM EST

PORTLAND, Ore. (AP) — Oregon’s senior U.S. senator, Democrat Ron Wyden, won reelection easily Tuesday, defeating a Republican opponent who has never held elected office. Wyden, who was first elected to the Senate in 1996, chairs the powerful U.S. Senate Finance Committee and...

Crypto exchange Binance to buy rival FTX in apparent bailout

Nov. 08, 2022 15:26 PM EST

NEW YORK (AP) — The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in the latest example of how fortunes can change rapidly in the crypto world. Binance CEO Changpeng Zhao said on Twitter Tuesday that his company had signed a letter of intent to buy...

Japan says repayment of TEPCO Fukushima cleanup delayed

Nov. 08, 2022 03:12 AM EST

TOKYO (AP) — Repayment of the more than 10 trillion yen ($68 billion) government funding for cleanup and compensation for the Fukushima Daiichi nuclear plant disaster has been delayed, the Japanese government says. The Board of Audit said in a report released Monday that the delay...