Last week’s news, this week right here.
- Get ready to buy American if you want a Tax break on your electric Vehicle. The Department of Treasury released it’s list of cars that meet the Federal guidelines last week.
- For many insurers writing life insurance didn’t make sense during zero interest rates. As a result they no longer have the staff and now with higher interest rates, life insurance is once again profitable.
- The largest logger in US history is flipping narrative on it’s environmental footprint. Weyerhauser now claims it’s carbon neutral and is even offering carbon credits to others.
- Biotech deals are ramping up. Last week Merck agreed to purchase Prometheus Biosciences in an attempt at bolstering their position in immunology.
- Angry Birds is still worth a pretty penny. Sega has offered Rovio, the maker of the lovable game from yesteryear, $776m in order to build a “super game” like Fortnite.