Kevin J. Ryan

3 weeks ago | yahoo.com | Kevin J. Ryan

The world’s largest supplier of batteries for electric vehicles has announced a major breakthrough that could have huge ramifications for the auto industry. Chinese manufacturer CATL said Monday that its latest advances will let it manufacture batteries that are lighter, cheaper, faster to recharge and more resistant to cold — all while providing greater driving range, according to The New York Times.

3 weeks ago | yahoo.com | Kevin J. Ryan

DHL is suspending high-value shipments to the U.S. beginning Monday due to new restrictions on imports, according to The Wall Street Journal. U.S. Customs regulations now require goods above $800 in value to undergo more rigorous customs processing, which took effect April 5, DHL said. The previous threshold was $2,500.

3 weeks ago | qz.com | Kevin J. Ryan

In This StoryDHL is suspending high-value shipments to the U.S. beginning Monday due to new restrictions on imports, according to the Wall Street Journal. Suggested ReadingHow Trump’s tariffs could make your iPhone cost $3,500Suggested ReadingU.S. Customs regulations now require goods above $800 in value to undergo more rigorous customs processing, which took effect April 5, DHL said. The previous threshold was $2,500.

3 weeks ago | qz.com | Kevin J. Ryan

In This StoryThe Trump administration is all but eliminating the Consumer Financial Protection Bureau (CFPB), firing nearly 90% of its employees, according to several reports. Suggested ReadingHow Trump’s tariffs could make your iPhone cost $3,500Suggested ReadingAbout 1,500 of the agency’s 1,700 workers will be let go, Fox Business (FOXA) reported. Employees started receiving layoff notices on Thursday.

4 weeks ago | qz.com | Kevin J. Ryan

In This StoryJPMorgan Chase (JPM) CEO Jamie Dimon is worried that President Donald Trump’s trade war is damaging America’s credibility with other nations. Suggested ReadingHow Trump’s tariffs could make your iPhone cost $3,500Suggested ReadingDimon told the Financial Times that the U.S. is still “a haven” due to its rule of law and economic and military strength but that Trump’s strong-arm policies could erode some of its economic superiority.