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Month: May 2023

Energy Dept. rejects $200M grant to battery maker after GOP criticism over alleged ties to China

By MATTHEW DALY Associated Press WASHINGTON (AP) — The government has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win preliminary grants totaling $2.8 billion to boost domestic manufacturing of

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Russian accused of money laundering lobbies to be included in potential US-Russia prisoner swap

By Sean Lyngaas, CNN (CNN) — Lawyers for an accused Russian money launderer in US custody are lobbying for their client to be included in any potential US-Russia prisoner swap for detained Wall Street Journal reporter Evan Gershkovich, according to new court filing. The Russian man, Alexander Vinnik, is accused of running a multibillion-dollar cryptocurrency

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