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Leeyongtatt

Leeyongtatt

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2021-12-16

Wow

Sources: Rivian to build $5B electric truck plant in Georgia

2021-12-15

Oh

抱歉，原内容已删除

2021-12-15

Oh

Amazon says India revoking Future deal would boost Reliance, hurt competition

2021-12-14

Oh

Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%

2021-12-08

$Apple(AAPL)$Steady pon bi bi …….

2021-12-08

Oh…..

抱歉，原内容已删除

2021-12-07

Good

U.S. stock market opens higher Monday

2021-12-06

Oh…….

抱歉，原内容已删除

2021-12-05

$Invesco NASDAQ 100 ETF(QQQM)$Steady pon bi bi……

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Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.</p>\n<p>The city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.</p>\n<p>Rivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.</p>\n<p>The Atlanta Journal-Constitution was the first to report Rivian’s decision.</p>\n<p>Founder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.</p>\n<p>Georgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.</p>\n<p>Kia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.</p>\n<p>Rivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.</p>\n<p>Rivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.</p>\n<p>Amazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.</p>\n<p>Rivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.</p>\n<p>The company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.</p>\n<p>“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.</p>\n<p>Given the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.</p>\n<p>Rivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.</p>\n<p>“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”</p>\n<p>Ford and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.</p>\n<p>The LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.</p>","source":"lsy1603278176698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sources: Rivian to build $5B electric truck plant in Georgia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSources: Rivian to build $5B electric truck plant in Georgia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad><strong>Associated Press</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, ...</p>\n\n<a href=\"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191840172","content_text":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.\nRivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.\nThe plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.\nRivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.\nThe city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.\nRivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.\nThe Atlanta Journal-Constitution was the first to report Rivian’s decision.\nFounder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.\nGeorgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.\nKia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.\nRivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.\nRivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.\nAmazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.\nRivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.\nThe company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.\n“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.\nGiven the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.\nRivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.\n“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”\nFord and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.\nThe LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607142707,"gmtCreate":1639515729624,"gmtModify":1639515729679,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607142707","repostId":"1155236279","repostType":4,"isVote":1,"tweetType":1,"viewCount":1403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607142414,"gmtCreate":1639515712338,"gmtModify":1639515712433,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607142414","repostId":"1151007810","repostType":4,"repost":{"id":"1151007810","kind":"news","pubTimestamp":1639494428,"share":"https://www.laohu8.com/m/news/1151007810?lang=&edition=full","pubTime":"2021-12-14 23:07","market":"us","language":"en","title":"Amazon says India revoking Future deal would boost Reliance, hurt competition","url":"https://stock-news.laohu8.com/highlight/detail?id=1151007810","media":"Reuters","summary":"Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a ","content":"<p>Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict competition\", a legal document seen by Reuters showed.</p>\n<p>The Competition Commission of India (CCI) in reviewing its prior approval of the $200 million investment the U.S. company made in a Future unit in 2019, amid allegations that Amazon concealed facts when it sought approval for the transaction.</p>\n<p>The CCI's review was triggered after a complaint from Amazon's now estranged partner Future. The two sides have been at loggerheads since last year with the U.S. company successfully using the terms of its toehold investment in 2019 to block debt-laden Future's attempt to sell retail assets to Reliance Industries for $3.4 billion.</p>\n<p>While Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for India's retail sector.</p>\n<p>If Amazon prevails, it will slow Reliance's plan to acquire Future at a time when it is already rapidly expanding into e-commerce.</p>\n<p>And if the 2019 deal is voided, it could make it easier for Reliance to close the Future deal, hurting Amazon's retail ambitions, people familiar with the dispute say.</p>\n<p>Amazon in a confidential filing on Dec. 12 said CCI's approval revocation is \"bound to send a message to foreign investors that the economy and regulatory landscape of India are still not developed enough to provide stability and certainty to foreign investments\".</p>\n<p>Amazon in its 60-page submission went on to say Future's aim \"to unwind the investment\" to allow Reliance to consolidate its position \"will further restrict competition in the Indian retail market\".</p>\n<p>The bruising public battle over Future Retail pits Jeff Bezos' Amazon against Reliance, run by one of India's richest men, Mukesh Ambani, in a bid for retail dominance in India.</p>\n<p>Reliance is India's No. 1 retailer with more than 13,000 outlets, and rapidly expanding into e-commerce.</p>\n<p>Future Retail ranks second with more than 1,500 outlets.</p>\n<p>Amazon, Reliance and Future did not respond to a request for comment. The CCI also did not respond.</p>\n<p>NO INFO CONCEALED, CCI HAS 'NO POWER'</p>\n<p>The Future-Reliance deal has been on hold as Amazon got favorable interim rulings from a Singapore arbitrator and Indian courts. Future denies any wrongdoing, and the dispute continues to be heard in multiple forums.</p>\n<p>Amazon has argued that terms agreed upon in its 2019 deal to pay $200 million for a 49% stake in Future's gift voucher unit prevent its parent, Future Group, from selling its Future Retail Ltd business to certain rivals, including Reliance.</p>\n<p>In June, the CCI sought explanation from Amazon saying it hid factual aspects of the transaction by not revealing its strategic interest in Future Retail while seeking approvals.</p>\n<p>In its Dec. 12 response to the CCI - being reported here for the first time - Amazon argues no information was concealed from the CCI and lawyers representing the Future Group \"had vetted and approved\" all submissions.</p>\n<p>\"There was no concealment of any material information,\" Amazon's filing states.</p>\n<p>The CCI's 2019 approval order states its decision \"shall stand revoked if, at any time, the information provided\" is found to be incorrect.</p>\n<p>But Amazon in its submission argues the CCI has no power to do so, saying its approval order as per Indian laws is a final one, not conditional.</p>\n<p>\"The power to revoke an approval is a drastic power and is not available to a statutory authority unless expressly provided\" in Indian law, Amazon argued.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon says India revoking Future deal would boost Reliance, hurt competition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon says India revoking Future deal would boost Reliance, hurt competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict ...</p>\n\n<a href=\"https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151007810","content_text":"Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict competition\", a legal document seen by Reuters showed.\nThe Competition Commission of India (CCI) in reviewing its prior approval of the $200 million investment the U.S. company made in a Future unit in 2019, amid allegations that Amazon concealed facts when it sought approval for the transaction.\nThe CCI's review was triggered after a complaint from Amazon's now estranged partner Future. The two sides have been at loggerheads since last year with the U.S. company successfully using the terms of its toehold investment in 2019 to block debt-laden Future's attempt to sell retail assets to Reliance Industries for $3.4 billion.\nWhile Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for India's retail sector.\nIf Amazon prevails, it will slow Reliance's plan to acquire Future at a time when it is already rapidly expanding into e-commerce.\nAnd if the 2019 deal is voided, it could make it easier for Reliance to close the Future deal, hurting Amazon's retail ambitions, people familiar with the dispute say.\nAmazon in a confidential filing on Dec. 12 said CCI's approval revocation is \"bound to send a message to foreign investors that the economy and regulatory landscape of India are still not developed enough to provide stability and certainty to foreign investments\".\nAmazon in its 60-page submission went on to say Future's aim \"to unwind the investment\" to allow Reliance to consolidate its position \"will further restrict competition in the Indian retail market\".\nThe bruising public battle over Future Retail pits Jeff Bezos' Amazon against Reliance, run by one of India's richest men, Mukesh Ambani, in a bid for retail dominance in India.\nReliance is India's No. 1 retailer with more than 13,000 outlets, and rapidly expanding into e-commerce.\nFuture Retail ranks second with more than 1,500 outlets.\nAmazon, Reliance and Future did not respond to a request for comment. The CCI also did not respond.\nNO INFO CONCEALED, CCI HAS 'NO POWER'\nThe Future-Reliance deal has been on hold as Amazon got favorable interim rulings from a Singapore arbitrator and Indian courts. Future denies any wrongdoing, and the dispute continues to be heard in multiple forums.\nAmazon has argued that terms agreed upon in its 2019 deal to pay $200 million for a 49% stake in Future's gift voucher unit prevent its parent, Future Group, from selling its Future Retail Ltd business to certain rivals, including Reliance.\nIn June, the CCI sought explanation from Amazon saying it hid factual aspects of the transaction by not revealing its strategic interest in Future Retail while seeking approvals.\nIn its Dec. 12 response to the CCI - being reported here for the first time - Amazon argues no information was concealed from the CCI and lawyers representing the Future Group \"had vetted and approved\" all submissions.\n\"There was no concealment of any material information,\" Amazon's filing states.\nThe CCI's 2019 approval order states its decision \"shall stand revoked if, at any time, the information provided\" is found to be incorrect.\nBut Amazon in its submission argues the CCI has no power to do so, saying its approval order as per Indian laws is a final one, not conditional.\n\"The power to revoke an approval is a drastic power and is not available to a statutory authority unless expressly provided\" in Indian law, Amazon argued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604498574,"gmtCreate":1639436644696,"gmtModify":1639436644759,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604498574","repostId":"1180743412","repostType":4,"repost":{"id":"1180743412","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639408228,"share":"https://www.laohu8.com/m/news/1180743412?lang=&edition=full","pubTime":"2021-12-13 23:10","market":"us","language":"en","title":"Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180743412","media":"Tiger Newspress","summary":"Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.","content":"<p>Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.<img src=\"https://static.tigerbbs.com/8c494e3841010c65a07f05aaacf0d443\" tg-width=\"772\" tg-height=\"573\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-13 23:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.<img src=\"https://static.tigerbbs.com/8c494e3841010c65a07f05aaacf0d443\" tg-width=\"772\" tg-height=\"573\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PHUN":"Phunware, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180743412","content_text":"Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606423551,"gmtCreate":1638921717194,"gmtModify":1638921717263,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Steady pon bi bi …….","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Steady pon bi bi …….","text":"$Apple(AAPL)$Steady pon bi bi …….","images":[{"img":"https://static.tigerbbs.com/17d562864848001d52c2d610357d7f83","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606423551","isVote":1,"tweetType":1,"viewCount":1657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":606429008,"gmtCreate":1638921557186,"gmtModify":1638921557241,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh…..","listText":"Oh…..","text":"Oh…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606429008","repostId":"2189719656","repostType":4,"isVote":1,"tweetType":1,"viewCount":1806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606956968,"gmtCreate":1638827672750,"gmtModify":1638827672853,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606956968","repostId":"1102242642","repostType":4,"repost":{"id":"1102242642","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638801102,"share":"https://www.laohu8.com/m/news/1102242642?lang=&edition=full","pubTime":"2021-12-06 22:31","market":"us","language":"en","title":"U.S. stock market opens higher Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102242642","media":"Tiger Newspress","summary":"U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron C","content":"<p>U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.</p>\n<p>The Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&amp;P 500 was higher by 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/4c264fad4dd561f1e1558fb9772c385b\" tg-width=\"1080\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>\n<p>High-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.</p>\n<p>Stocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.</p>\n<p>Delta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.</p>\n<p>Bitcoin&nbsp;traded around $57,000 on Friday morning, but by Saturday had&nbsp;plunged to around $43,000. By Monday the world’s largest cryptocurrency had&nbsp;clawed back some of its losses, last trading at around $47,377.</p>\n<p>Shares of Coinbase lost about 5%, while Square declined by more than 2%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock market opens higher Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stock market opens higher Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-06 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.</p>\n<p>The Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&amp;P 500 was higher by 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/4c264fad4dd561f1e1558fb9772c385b\" tg-width=\"1080\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>\n<p>High-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.</p>\n<p>Stocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.</p>\n<p>Delta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.</p>\n<p>Bitcoin&nbsp;traded around $57,000 on Friday morning, but by Saturday had&nbsp;plunged to around $43,000. By Monday the world’s largest cryptocurrency had&nbsp;clawed back some of its losses, last trading at around $47,377.</p>\n<p>Shares of Coinbase lost about 5%, while Square declined by more than 2%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102242642","content_text":"U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.\nThe Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&P 500 was higher by 0.6%.\n\nHigh-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.\nStocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.\nDelta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.\nBitcoin traded around $57,000 on Friday morning, but by Saturday had plunged to around $43,000. By Monday the world’s largest cryptocurrency had clawed back some of its losses, last trading at around $47,377.\nShares of Coinbase lost about 5%, while Square declined by more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608231408,"gmtCreate":1638746877622,"gmtModify":1638746877622,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh…….","listText":"Oh…….","text":"Oh…….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608231408","repostId":"2188291935","repostType":4,"isVote":1,"tweetType":1,"viewCount":1555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608842272,"gmtCreate":1638692315455,"gmtModify":1638693535717,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a>Steady pon bi bi……","listText":"<a href=\"https://laohu8.com/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a>Steady pon bi bi……","text":"$Invesco NASDAQ 100 ETF(QQQM)$Steady pon bi bi……","images":[{"img":"https://static.tigerbbs.com/8d7c3f10fd92e5d9afc7ab4770821291","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608842272","isVote":1,"tweetType":1,"viewCount":1356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":607142707,"gmtCreate":1639515729624,"gmtModify":1639515729679,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607142707","repostId":"1155236279","repostType":4,"isVote":1,"tweetType":1,"viewCount":1403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607746246,"gmtCreate":1639609274893,"gmtModify":1639609274957,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607746246","repostId":"1191840172","repostType":4,"repost":{"id":"1191840172","kind":"news","pubTimestamp":1639608150,"share":"https://www.laohu8.com/m/news/1191840172?lang=&edition=full","pubTime":"2021-12-16 06:42","market":"us","language":"en","title":"Sources: Rivian to build $5B electric truck plant in Georgia","url":"https://stock-news.laohu8.com/highlight/detail?id=1191840172","media":"Associated Press","summary":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a ","content":"<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.</p>\n<p>Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.</p>\n<p>The plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.</p>\n<p>Rivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.</p>\n<p>The city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.</p>\n<p>Rivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.</p>\n<p>The Atlanta Journal-Constitution was the first to report Rivian’s decision.</p>\n<p>Founder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.</p>\n<p>Georgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.</p>\n<p>Kia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.</p>\n<p>Rivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.</p>\n<p>Rivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.</p>\n<p>Amazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.</p>\n<p>Rivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.</p>\n<p>The company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.</p>\n<p>“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.</p>\n<p>Given the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.</p>\n<p>Rivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.</p>\n<p>“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”</p>\n<p>Ford and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.</p>\n<p>The LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.</p>","source":"lsy1603278176698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sources: Rivian to build $5B electric truck plant in Georgia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSources: Rivian to build $5B electric truck plant in Georgia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 06:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad><strong>Associated Press</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, ...</p>\n\n<a href=\"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"https://apnews.com/article/technology-business-united-states-georgia-kentucky-2de39c33395d7353e3401642e5e1faad","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191840172","content_text":"ATLANTA (AP) — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told The Associated Press.\nRivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging both established automakers like Ford and General Motors and electric vehicle leader Tesla.\nThe plant could grow to as many as 10,000 workers, sources said, which would make it among the largest auto assembly complexes in the United States, rivaled by behemoths such as the 11,000-worker BMW complex in Spartanburg, South Carolina, and Ford Motor Co.’s 8,600-worker plant in Louisville, Kentucky.\nRivian will be the largest industrial announcement in Georgia history, surpassing the 4,400-worker Kia complex that opened in West Point in 2009. Georgia has had a number of failed auto plant recruitments. Rivian will give Georgia Gov. Brian Kemp another point to bolster his claims that he has been an excellent steward of Georgia’s economy, even as faces Republican and Democratic challengers when he runs for reelection next year.\nThe city of Fort Worth, Texas, offered Rivian a $440 million incentive package to lure the plant during the summer, while published reports indicate Rivian also considered sites in Arizona and Michigan.\nRivian told Fort Worth its plant would make 200,000 vehicles per year, with workers paid at least $56,000 a year.\nThe Atlanta Journal-Constitution was the first to report Rivian’s decision.\nFounder and CEO Robert Scaringe told Bloomberg Television in November that the ability to recruit good workers was the most important factor in the decision. Rivian’s existing plant in Normal, Illinois, like most auto plants that have opened in recent decades, is not unionized.\nGeorgia officials are unlikely to detail the full incentive package offered to Rivian on Thursday, but the company could max out what Georgia calls its “mega project tax credit,” for companies that hire at least 1,800 people or invest at least $450 million. That could be worth $118 million in state income tax credits. Local governments are likely to abate property taxes.\nKia got more than $450 million in incentives for its plant southwest of Atlanta. Georgia has promised $300 million of incentives to the $2.6 billion, 2,600-worker battery plant being built by SK Innovation in Commerce, Georgia, northeast of Atlanta.\nRivian, like Tesla, deals with its customers directly instead of through dealers. Its arrival in Georgia could prompt the state to loosen a law that mostly prohibits manufacturers from selling directly.\nRivian currently plans two models for consumers — the R1T pickup with a base price of $67,500 and the R1S SUV, with a base price of $70,000. The truck was recently named Motor Trend’s 2022 truck of the year.\nAmazon, which owns a slice of the company, has ordered 100,000 delivery vans, launching Rivian into the commercial vehicle business.\nRivian is flush with cash following a $11.9 billion stock offering Nov. 10 that took the company public, allowing it to finance the new plant. Its market value is nearly $95 billion, more than either General Motors or Ford.\nThe company argues that electric vehicle adoption is at the “tipping point” and it is well positioned for success because trucks and SUVs have long been the most profitable vehicles sold. But some analysts question whether it needs another plant besides the former Mitsubishi plant in Illinois, that Rivian bought for $16 million in 2017. Rivian says it has a yearly capacity of 150,000 vehicles, but is looking to expand there as well.\n“It seems like it might be a little premature to invest that much in another large plant just yet,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights, who said Rivian also may be looking for a manufacturing site in Europe.\nGiven the size of the Georgia plant, Abuelsamid expects it to make other parts for the vehicles, similar to electric vehicle leader Tesla making seats at its factory in Fremont, California.\nRivian has cash in the bank, but will burn through that quickly unless it starts delivering vehicles and generating cash, jeopardizing its market darling status, Abuelsamid said. The company needs more retail customers and commercial vehicle buyers other than Amazon, he said.\n“If actual deliveries don’t start picking up, the markets could turn against them as they have with some other EV startups not called Tesla,” Abuelsamid said. “Unlike Tesla, Rivian will be facing serious competition in a much shorter time frame than the near- decade head start that Tesla had.”\nFord and GM plan to start selling their own electric pickup trucks in the next year or two, while Tesla also plans a new pickup. That’s part of a wave of electric vehicle investment, with SK’s $5 billion battery plant northeast of Atlanta just one example. Ford announced in September it would spend $11.4 billion to build three battery factories and an assembly plant in Kentucky and Tennessee.\nThe LMC Automotive consulting firm expects U.S. sales of new fully electric vehicles to hit nearly 400,000 this year, nearly double last year’s figures. But they still make up only about 2.6% of sales. The firm expects sales to grow to more than 730,000 next year and more than 2 million by 2025. Even at 2 million, EV sales still would be only about 12% of U.S. new vehicle sales.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1489,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606429008,"gmtCreate":1638921557186,"gmtModify":1638921557241,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh…..","listText":"Oh…..","text":"Oh…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/606429008","repostId":"2189719656","repostType":4,"isVote":1,"tweetType":1,"viewCount":1806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606956968,"gmtCreate":1638827672750,"gmtModify":1638827672853,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/606956968","repostId":"1102242642","repostType":4,"repost":{"id":"1102242642","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638801102,"share":"https://www.laohu8.com/m/news/1102242642?lang=&edition=full","pubTime":"2021-12-06 22:31","market":"us","language":"en","title":"U.S. stock market opens higher Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1102242642","media":"Tiger Newspress","summary":"U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron C","content":"<p>U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.</p>\n<p>The Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&amp;P 500 was higher by 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/4c264fad4dd561f1e1558fb9772c385b\" tg-width=\"1080\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>\n<p>High-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.</p>\n<p>Stocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.</p>\n<p>Delta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.</p>\n<p>Bitcoin&nbsp;traded around $57,000 on Friday morning, but by Saturday had&nbsp;plunged to around $43,000. By Monday the world’s largest cryptocurrency had&nbsp;clawed back some of its losses, last trading at around $47,377.</p>\n<p>Shares of Coinbase lost about 5%, while Square declined by more than 2%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stock market opens higher Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stock market opens higher Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-06 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.</p>\n<p>The Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&amp;P 500 was higher by 0.6%.</p>\n<p><img src=\"https://static.tigerbbs.com/4c264fad4dd561f1e1558fb9772c385b\" tg-width=\"1080\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>\n<p>High-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.</p>\n<p>Stocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.</p>\n<p>Delta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.</p>\n<p>Bitcoin&nbsp;traded around $57,000 on Friday morning, but by Saturday had&nbsp;plunged to around $43,000. By Monday the world’s largest cryptocurrency had&nbsp;clawed back some of its losses, last trading at around $47,377.</p>\n<p>Shares of Coinbase lost about 5%, while Square declined by more than 2%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102242642","content_text":"U.S. stock market opens higher Monday as investors looks past the emerging threat from the omicron Covid-19 variant, rotating out of high-priced technology shares and into names linked to the recovering economy.\nThe Dow gained 290 points, or nearly 1%, while the Nasdaq Composite rose 0.2%. The S&P 500 was higher by 0.6%.\n\nHigh-priced tech shares were lower, continuing a de-risking theme in markets. Nvidia was off by 4.5% while Tesla fell nearly 3%.\nStocks linked to the reopening of the economy gained on Monday, boosting sentiment on the Dow. Boeing and Chevron shares were in the green.\nDelta Airlines shares gained 2%. Carnival and Wynn Resorts shares were about about 1%. Cruise lines and travel booking stocks were higher too.\nBitcoin traded around $57,000 on Friday morning, but by Saturday had plunged to around $43,000. By Monday the world’s largest cryptocurrency had clawed back some of its losses, last trading at around $47,377.\nShares of Coinbase lost about 5%, while Square declined by more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607142414,"gmtCreate":1639515712338,"gmtModify":1639515712433,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607142414","repostId":"1151007810","repostType":4,"repost":{"id":"1151007810","kind":"news","pubTimestamp":1639494428,"share":"https://www.laohu8.com/m/news/1151007810?lang=&edition=full","pubTime":"2021-12-14 23:07","market":"us","language":"en","title":"Amazon says India revoking Future deal would boost Reliance, hurt competition","url":"https://stock-news.laohu8.com/highlight/detail?id=1151007810","media":"Reuters","summary":"Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a ","content":"<p>Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict competition\", a legal document seen by Reuters showed.</p>\n<p>The Competition Commission of India (CCI) in reviewing its prior approval of the $200 million investment the U.S. company made in a Future unit in 2019, amid allegations that Amazon concealed facts when it sought approval for the transaction.</p>\n<p>The CCI's review was triggered after a complaint from Amazon's now estranged partner Future. The two sides have been at loggerheads since last year with the U.S. company successfully using the terms of its toehold investment in 2019 to block debt-laden Future's attempt to sell retail assets to Reliance Industries for $3.4 billion.</p>\n<p>While Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for India's retail sector.</p>\n<p>If Amazon prevails, it will slow Reliance's plan to acquire Future at a time when it is already rapidly expanding into e-commerce.</p>\n<p>And if the 2019 deal is voided, it could make it easier for Reliance to close the Future deal, hurting Amazon's retail ambitions, people familiar with the dispute say.</p>\n<p>Amazon in a confidential filing on Dec. 12 said CCI's approval revocation is \"bound to send a message to foreign investors that the economy and regulatory landscape of India are still not developed enough to provide stability and certainty to foreign investments\".</p>\n<p>Amazon in its 60-page submission went on to say Future's aim \"to unwind the investment\" to allow Reliance to consolidate its position \"will further restrict competition in the Indian retail market\".</p>\n<p>The bruising public battle over Future Retail pits Jeff Bezos' Amazon against Reliance, run by one of India's richest men, Mukesh Ambani, in a bid for retail dominance in India.</p>\n<p>Reliance is India's No. 1 retailer with more than 13,000 outlets, and rapidly expanding into e-commerce.</p>\n<p>Future Retail ranks second with more than 1,500 outlets.</p>\n<p>Amazon, Reliance and Future did not respond to a request for comment. The CCI also did not respond.</p>\n<p>NO INFO CONCEALED, CCI HAS 'NO POWER'</p>\n<p>The Future-Reliance deal has been on hold as Amazon got favorable interim rulings from a Singapore arbitrator and Indian courts. Future denies any wrongdoing, and the dispute continues to be heard in multiple forums.</p>\n<p>Amazon has argued that terms agreed upon in its 2019 deal to pay $200 million for a 49% stake in Future's gift voucher unit prevent its parent, Future Group, from selling its Future Retail Ltd business to certain rivals, including Reliance.</p>\n<p>In June, the CCI sought explanation from Amazon saying it hid factual aspects of the transaction by not revealing its strategic interest in Future Retail while seeking approvals.</p>\n<p>In its Dec. 12 response to the CCI - being reported here for the first time - Amazon argues no information was concealed from the CCI and lawyers representing the Future Group \"had vetted and approved\" all submissions.</p>\n<p>\"There was no concealment of any material information,\" Amazon's filing states.</p>\n<p>The CCI's 2019 approval order states its decision \"shall stand revoked if, at any time, the information provided\" is found to be incorrect.</p>\n<p>But Amazon in its submission argues the CCI has no power to do so, saying its approval order as per Indian laws is a final one, not conditional.</p>\n<p>\"The power to revoke an approval is a drastic power and is not available to a statutory authority unless expressly provided\" in Indian law, Amazon argued.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon says India revoking Future deal would boost Reliance, hurt competition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon says India revoking Future deal would boost Reliance, hurt competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 23:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict ...</p>\n\n<a href=\"https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/exclusive-amazon-says-india-revoking-150205041.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151007810","content_text":"Amazon has warned India's antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to \"further restrict competition\", a legal document seen by Reuters showed.\nThe Competition Commission of India (CCI) in reviewing its prior approval of the $200 million investment the U.S. company made in a Future unit in 2019, amid allegations that Amazon concealed facts when it sought approval for the transaction.\nThe CCI's review was triggered after a complaint from Amazon's now estranged partner Future. The two sides have been at loggerheads since last year with the U.S. company successfully using the terms of its toehold investment in 2019 to block debt-laden Future's attempt to sell retail assets to Reliance Industries for $3.4 billion.\nWhile Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for India's retail sector.\nIf Amazon prevails, it will slow Reliance's plan to acquire Future at a time when it is already rapidly expanding into e-commerce.\nAnd if the 2019 deal is voided, it could make it easier for Reliance to close the Future deal, hurting Amazon's retail ambitions, people familiar with the dispute say.\nAmazon in a confidential filing on Dec. 12 said CCI's approval revocation is \"bound to send a message to foreign investors that the economy and regulatory landscape of India are still not developed enough to provide stability and certainty to foreign investments\".\nAmazon in its 60-page submission went on to say Future's aim \"to unwind the investment\" to allow Reliance to consolidate its position \"will further restrict competition in the Indian retail market\".\nThe bruising public battle over Future Retail pits Jeff Bezos' Amazon against Reliance, run by one of India's richest men, Mukesh Ambani, in a bid for retail dominance in India.\nReliance is India's No. 1 retailer with more than 13,000 outlets, and rapidly expanding into e-commerce.\nFuture Retail ranks second with more than 1,500 outlets.\nAmazon, Reliance and Future did not respond to a request for comment. The CCI also did not respond.\nNO INFO CONCEALED, CCI HAS 'NO POWER'\nThe Future-Reliance deal has been on hold as Amazon got favorable interim rulings from a Singapore arbitrator and Indian courts. Future denies any wrongdoing, and the dispute continues to be heard in multiple forums.\nAmazon has argued that terms agreed upon in its 2019 deal to pay $200 million for a 49% stake in Future's gift voucher unit prevent its parent, Future Group, from selling its Future Retail Ltd business to certain rivals, including Reliance.\nIn June, the CCI sought explanation from Amazon saying it hid factual aspects of the transaction by not revealing its strategic interest in Future Retail while seeking approvals.\nIn its Dec. 12 response to the CCI - being reported here for the first time - Amazon argues no information was concealed from the CCI and lawyers representing the Future Group \"had vetted and approved\" all submissions.\n\"There was no concealment of any material information,\" Amazon's filing states.\nThe CCI's 2019 approval order states its decision \"shall stand revoked if, at any time, the information provided\" is found to be incorrect.\nBut Amazon in its submission argues the CCI has no power to do so, saying its approval order as per Indian laws is a final one, not conditional.\n\"The power to revoke an approval is a drastic power and is not available to a statutory authority unless expressly provided\" in Indian law, Amazon argued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604498574,"gmtCreate":1639436644696,"gmtModify":1639436644759,"author":{"id":"4098931435636140","authorId":"4098931435636140","name":"Leeyongtatt","avatar":"https://static.tigerbbs.com/106b9b3f9de3174e8eec37b67aeb8860","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931435636140","authorIdStr":"4098931435636140"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604498574","repostId":"1180743412","repostType":4,"repost":{"id":"1180743412","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639408228,"share":"https://www.laohu8.com/m/news/1180743412?lang=&edition=full","pubTime":"2021-12-13 23:10","market":"us","language":"en","title":"Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180743412","media":"Tiger Newspress","summary":"Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.","content":"<p>Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%.<img src=\"https://static.tigerbbs.com/8c494e3841010c65a07f05aaacf0d443\" tg-width=\"772\" tg-height=\"573\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump stocks slid sharply in morning trading ,with DWAC and Phunware falling over 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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