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Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal

Proxy advisory firm Egan-Jones recommends Ritchie Bros. shareholders back IAA deal

VANCOUVER 鈥 Proxy advisory firm Egan-Jones is recommending shareholders of Ritchie Bros. Auctioneers Inc. support the company's deal to buy U.S. automotive salvage company IAA Inc.

AP News Summary at 5:29 p.m. EST

Many kids are struggling in school. Do their parents know? BOSTON (AP) 鈥 It鈥檚 widely known from test scores that the pandemic set back students across the country. But many parents don鈥檛 realize that includes their own child.

AP Business SummaryBrief at 3:39 p.m. EST

Inflation pressures put Powell in spotlight before Congress WASHINGTON (AP) 鈥 When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing.
Tesla price cuts: Flagging demand or tactic to boost sales?

Tesla price cuts: Flagging demand or tactic to boost sales?

DETROIT (AP) 鈥 In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.
South Carolina offers $1.3B to new Scout electric SUV maker

South Carolina offers $1.3B to new Scout electric SUV maker

COLUMBIA, S.C. (AP) 鈥 South Carolina's governor said Monday he is going to ask lawmakers to approve nearly $1.
Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

VANCOUVER 鈥 A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.
Review: Novel 'Ruthy Ramirez鈥 flips true crime on its head

Review: Novel 'Ruthy Ramirez鈥 flips true crime on its head

鈥淲hat Happened to Ruthy Ramirez鈥 by Claire Jimenez (Grand Central) If true crime is your guilty pleasure, you absolutely must find out what happened to Ruthy Ramirez.

Scout Motors picks South Carolina for new $2B EV plant

COLUMBIA, S.C. (AP) 鈥 A Volkswagen Group-backed automotive company announced plans this week to open a $2 billion electric truck and SUV manufacturing plant just outside of Columbia, South Carolina. Scout Motors Inc.
Global race to boost electric vehicle range in cold weather

Global race to boost electric vehicle range in cold weather

TOK, Alaska (AP) 鈥 Alaska鈥檚 rugged and frigid interior, where it can get as cold as minus 50 Fahrenheit (minus 46 Celsius), is not the place you鈥檇 expect to find an electric school bus. But here is Bus No.
A decade under Maduro, migration marks Venezuelans鈥 lives

A decade under Maduro, migration marks Venezuelans鈥 lives

CARACAS, Venezuela (AP) 鈥 Few Venezuelans have not had their lives touched by migration over the last decade, when more than 7 million people left the country amid a political, economic and humanitarian crisis that has lasted the entirety of Presiden
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