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Usa News

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Business•MAY 15, 2024

99 Cents Only Stores to Close All 371 Locations Amid Bankruptcy

Nippon Steel’s $14.9 billion acquisition of U.S. Steel is facing strong resistance from lawmakers and labor unions, who cite concerns over national security and job losses. The deal is under review by the Department of Justice and may also be investigated by the Committee on Foreign Investment in the United States (CFIUS).

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Tech•MAY 14, 2024

Breakthrough in Iron-Based Lithium-Ion Batteries Could Transform Energy Storage

Scientists have developed an iron-based alternative for lithium-ion batteries, potentially making them more sustainable and cost-effective for widespread use in electric vehicles and grid storage. In a significant breakthrough for the renewable energy industry, researchers have unveiled a new method for creating lithium-ion batteries using iron-based materials. This innovation could reduce dependence on expensive and scarce metals such as cobalt and nickel, making battery production more affordable and environmentally sustainable.

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