More business headlines
Italy privacy watchdog blocks ChatGPT, citing data breach
The watchdog’s measure comes days after a group of scientists and tech industry leaders published a letter calling for companies such as OpenAI to pause the development of more powerful AI models until the fall to give time for society to weigh the risks.
New federal rules will make many electric cars ineligible for tax credits
The Biden administration on Friday released new rules that will significantly shorten the list of electric vehicles that qualify for federal tax credits. Officials hope the change will push carmakers to move their supply chains out of China and to the United States or its allies.
Larry Edelman | Trendlines
Businesses still want a break on the COVID unemployment surcharge
Local employers have a legitimate gripe about being required to bear all of costs the state decided to incur.
Many electric vehicles to lose big tax credit with new rules
The rules, required under last year’s Inflation Reduction Act, are likely to slow consumer acceptance of electric vehicles and could delay Biden’s ambitious goal that half of new passenger vehicles sold in the US run on electricity by 2030.
Illegal Amazon miners are expanding into copper as prices surge
Informal miners, known in Brazil as garimpeiros, have diversified into copper in recent years as techniques improve and prices surge on growing battery-metal demand in the shift away from fossil fuels.
Law firm Goulston & Storrs inks 100,000-square-foot lease in Post Office Square tower
The lease is among the largest office deals downtown in recent months, bucking a trend among other employers in Boston’s Central Business District that have used relocations to downsize footprints.
RI BUSINESS
Tired of high electricity rates, N.H. communities take control of purchasing their own power
The shift is expected to bring more choice to consumers — and greater competition.
A non-expert’s guide to what the banking turmoil means for you
The Globe asked economists, bankers, and business leaders to explain how all this impacts the institutions you interact with daily.