Adam Allington

The New York auto show kicks off later this week. The event comes at a time when the auto industry is grappling with two diverging trends. On one hand, people still want big, spacious, largely gas-powered vehicles; on the other hand is a future powered by mobility services and electric vehicles. A report by the Boston Consulting Group […]

Chinese investment in the U.S. sometimes worries some lawmakers. The recent attempt by Chinese investors to purchase Westinghouse Electric’s bankrupt nuclear reactor unit is a case in point. One fear is that the Chinese could acquire sensitive technological secrets in the process. But also, the current high levels of Chinese investment could provide jobs, so […]

Some interesting news in the automotive space today: Tesla, the maker of high-end electric cars, has now surpassed Ford in terms of market capitalization (the total value of all outstanding shares). It seems investors are betting big that Elon Musk can meet growth targets ahead of the much-anticipated release of the Model 3 sedan later this […]

The Senate narrowly passed a plan to roll back a program used by states and local governments to create individual retirement accounts for workers not covered by an employer account. The program is already underway in several states, including California, Oregon, Maryland, Connecticut and Illinois. It’s an odd position Republicans now find themselves in — […]

Following the collapse of the House GOP health plan, President Trump and congressional Republicans say they will now pivot to tax reform. But they have got some serious heavy lifting to do before they get there. The appropriations bill passed last November expires at the end of April. With Republicans divided, the GOP may now […]

Kushner will try to marry private-sector efficiency with government bureaucracy.

The Trump administration has approved a construction permit on the long-delayed Keystone XL pipeline. Back when it was planned in 2010, oil was still trading at $100 a barrel and fracking had yet to fully ramp up. The project still serves as a symbol for both environmentalists and energy companies. But the overall impact of […]