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Money & Markets

Automakers embrace electric vehicles. But what about buyers?

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. Yet for that to happen, they’ll need to sell the idea to people like Steve Bock. When Bock recently replaced his family’s ...

Auto industry urges emissions deal weaker than Obama’s

WASHINGTON — A coalition of automakers has told the Biden administration it would agree to raise mileage standards to reduce tailpipe emissions but with tradeoffs and at rates lower than those brokered by California with five other car manufacturers. If agreed to, the proposal could give ...

Uber, Lyft team up on database to expose abusive drivers

SAN RAMON, Calif. — Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years. The clearinghouse unveiled Thursday will initially list ...

Restaurants to benefit big with COVID-19 relief bill

NEW YORK — Restaurants devastated by the coronavirus outbreak are getting a lifeline from the pandemic relief package that’s awaiting President Joe Biden’s signature. The bill that gained final congressional approval Wednesday adds money to the Paycheck Protection Program and provides ...

House approves pro-union bill despite dim Senate odds

WASHINGTON — The Democratic-led House on Tuesday approved legislation that would invigorate workers’ unions, following decades of court defeats and legislative setbacks that have kneecapped the labor movement’s once formidable ability to organize. The measure, which union leaders and ...

COVID bill to deliver big health insurance savings for many

WASHINGTON — Several million people stand to save hundreds of dollars in health insurance costs, or more, under the Democratic coronavirus relief legislation on track to pass Congress. Winners include those covered by “Obamacare” or just now signing up, self-employed people who buy ...