Shares of electric vehicle companies fell Monday after U.S. Sen. Joe Manchin announced his opposition to President Joe Biden’s “Build Back Better” plan, which provides tax credits for consumers who purchase electric vehicles. Manchin’s opposition almost certainly dooms the current version of the bill. Among the worst hit stocks Monday included electric vehicle makers Lordstown Motors, Rivian...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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