electricvehicles

The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission’s new crackdown on the agreements, which prevent a company’s ex-employees from working for its rivals for a specified time. Also, Tesla’s profits crashed 55%. As electric vehicle sales sputter, we wonder why more players are still speeding into the space. But first, TikTok’s top executive was defiant after the passage of a massive foreign aid package that included a directive to the company: Sell to a U.S. buyer or get banned. Marketplace’s Lily Jamali is joined by Paresh Dave, senior writer at Wired, for his take on this week’s tech news.

Reddit shares soared during its public market debut, US prosecutors filed a landmark antitrust lawsuit against Apple, and the FT’s Sujeet Indap explains why Hertz’s pivot to electric vehicles went awry.

Mentioned in this podcast:

US accuses Apple of building smartphone market monopoly in antitrust case

How Hertz’s bets on Tesla and a Goldman veteran veered off course

Social media site Reddit soars 48% in New York IPO

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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Apple has abandoned its effort to make an autonomous electric vehicle. We’ll get into why the company’s venture flopped and what it says about the supply chain for electric vehicle parts. Then, we’ll explain how a Texas federal judge’s ruling is upending race-based aid for businesses. And, guest host Sabri Ben-Achour tells us how he created a flower. Plus, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

• • “How Apple Sank About $1 Billion a Year Into a Car It Never Built” from Bloomberg

• • “Federal judge in Texas rules that minority-business aid must be offered to all races” from The Houston Chronicle

• • “Federal judge in Texas says agency created to help minority-owned businesses must provide assistance to all races” from CNN Politics

• • “Retailers take on Amazon Prime with new subscription services” from Marketplace

• • “The IRS pilots its free tax-filing program” from Marketplace

• • “Oscar Watch Parties” from LAist

• • “Skijoring brings cowboys and skiers to Western towns, but warm weather leaves the sport in flux” from Marketplace

• • “Bill that could ban TikTok in the U.S. gains momentum in Congress” from NBC News

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

On this week’s podcast Martin reacts to last week’s announcement that the energy price cap is going down, listeners TELL US about their financial lightbulb moments, and Martin also gives an update on what you need to do next if you’ve recently sent off a letter to reclaim car finance. Later in the pod, Martin shares his latest money-saving tips and Gethin Jones attempts Mastermind for the first time.

Jane nearly chokes on a piece of seaweed but once she's past that, they discuss eradicated dandruff, sourdough and penis enlargement.

They're joined by Richard Hammond to discuss the penultimate episode of his Amazon Prime show - 'The Grand Tour: Sand Job'.

If you want to contact the show to ask a question and get involved in the conversation then please email us: janeandfi@times.radio

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Assistant Producer: Eve Salusbury

Times Radio Producer: Rosie Cutler

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At last President Vladimir Putin’s regime has succeeded in silencing the country’s most prominent opposition figure. What happens next? Demand for electric cars is weakening, particularly in Britain; we ask how to recharge the market (11:47). And what is remarkable about a stage production of “The Shawshank Redemption” in China (19:44).

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There’s a new car coming to market that will probably make its owners search out the sunniest spots in the parking lot… Aptera Motors is designing and manufacturing this car: a plug-in electric hybrid that can run up to 40 miles on a single, solar-powered charge. This week on How I Built This Lab, Steve Fambro shares how he and his co-CEO revived their once-defunct auto company thanks to the promise of solar energy. Plus, Steve’s take on why today’s vehicles require so much energy, and how Aptera’s novel design could change the way we think about cars forever…

This episode was produced by Kerry Thompson and edited by John Isabella, with music by Ramtin Arablouei. Our audio engineer was Neal Rauch. 

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Today, we're bringing you former Vice President Joe Biden's latest insult to the American hostages in Gaza, and Piers Morgan's predictably cringe response to Elon reinstating Alex Jones. Also, we're analyzing the facts surrounding electric cars versus fossil fuels, and more!

Special Guest: Josh Firestine

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Music by @Pogo

On today's podcast:
(1) Chevron CEO Mike Wirth says crude on track to return to $100.

(2) Santander is overhauling its corporate structure in a move that may involve job cuts.

(3) An expected increase in UK inflation is making the Bank of England's decision harder.

(4)  Hungary is going all in to become one of the world’s biggest suppliers for EVs.

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The carmaker, which reports results today, is still celebrating impressive growth and its boss has even bigger plans for it. But with the threat of fast-scaling competitors in the EV market, is the company losing its disruptive edge? Our data correspondent’s novel approach to counting Russian casualties in Ukraine (09:39). And, a nail-biting, ever riskier Tour de France nears its end (15:26).

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer

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Your morning briefing. The news you need in just 15 minutes.   

On today's podcast:   
1) Hawkish comments from Federal Reserve officials send stocks lower  
2) President Biden looks to discuss the balloon incident with China  
3) Americans rack up nearly $1 trillion in credit card debt 

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Wednesday briefing: Michigan State University shooting victims; mysterious flying objects; Antarctic ice; Tesla chargers; and more

Read today's briefing.

A new podcast hosted by Zachary Crockett. In the first episode: Gas stations. When gas prices skyrocket, do station owners get a windfall? And where do their profits really come from? 

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In this episode, Nicolai Tangen talks to Benedetto Vigna CEO of Ferrari. They talk about Enzo Ferrari, electrical vehicles and Formula 1.

They also discuss leadership, motivation and work life balance!

The production team on this episode were PLAN-B’s Tor-Erik Humlen and Olav Haraldsen Roen. Background research were done by Sigurd Brekke with additional input from our portfolio managers Arnab Seal and Trym Torvund.

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Today we welcome Kristi Nelson, the executive director of A Network for Grateful Living. Her life’s work in the non-profit sector has focused on leading, inspiring, and strengthening organizations committed to progressive social and spiritual change. Being a long-time stage IV cancer survivor moves her every day to support others in living and loving with great fullness of heart. She is the author of Wake Up Grateful: The Transformative Practice of Taking Nothing for Granted. 

In this episode, I talk to Kristi Nelson about gratefulness. She differentiates gratefulness from gratitude by describing the former as an orientation towards life, without being dependent on internal or external circumstances. Kristi shares with us the practice of Stop, Look, Go and her five guiding principles that can inspire you to live a life of gratefulness. We also touch on the topics of positive psychology, mindfulness, play, and self-compassion.

Website: gratefulness.org

Topics

03:01 Kristi’s cancer diagnosis 

04:17 Gratitude vs gratefulness

08:50 Gratefulness during hard times

12:37 Reclaim play, curiosity, courage

15:58 Life is a gift

18:08 Everything is a surprise

20:41 The ordinary is extraordinary

23:48 Appreciation is generative

26:55 Say yes to your life

32:46 Love is transformative

34:35 Stop, Look, Go

38:18 Befriending our full selves

40:43 Leaving a grateful legacy

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