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Huge change for California’s car culture – no more gas?

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California is moving closer to banning the sale of new cars only running on gasoline by the middle of next decade

The state’s Air Resources Board is expected to make the announcement this week, and comes as the Governor moves to clean up the state’s auto fleet.

It’s a major step in the car-loving state’s fight against climate change.

The proposed regulation will set strict deadlines for meeting that goal, forcing automakers to step up production of cleaner vehicles, starting in four years from now.

The state’s move doesn’t ban the sale of any used vehicles. And owners of old-fashioned gas guzzlers will still be able to drive California’s roadways.

But thanks to its extensive highway network, California has huge sway over the entire auto industry.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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