Stellantis to halt investments in hydrogen joint venture
Stefan Nicola and Albertina Torsoli | BloombergStellantis NV will withdraw its support for a joint hydrogen-vehicle venture with Michelin and...
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Dollar drops as Korea talks fuel bets Trump wants weaker currency
Daedo Kim and Jaehyun Eom | BloombergThe dollar erased this week’s gains on fresh speculation President Donald Trump favors a weaker greenback and will prod other governments to let their currencies rise in return for trade deals with the US.The US currency extended an earlier decline on Wednesday after a Bloomberg News report that South Korea and US officials discussed exchange rate policies at a May 5 meeting in Milan and will continue to do so.The won rose nearly 2% and the Japanese yen also climbed, helping to push the...
Indiana House passes massive property tax bill. Here’s who wins and loses
Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.(Correction: This story was updated to reflect that the 10% property tax credit is off of a homeowner's bill, not their assessed value.)The Indiana House on Thursday passed its version of the signature property tax relief bill that has grown to also include reforms of local government finance. The complex tax proposal in Senate Bill 1, which passed the...