Amazon has scrapped a planned partnership between its Ring doorbell unit and surveillance firm Flock Safety following widespread public criticism over privacy concerns. The proposed integration would have allowed law enforcement to request home video footage from Ring users through Flock’s automated license plate recognition system. Although participation would have been voluntary, critics warned the…

The Trump administration has issued new Treasury guidance limiting the use of Chinese materials and components in U.S. clean energy projects, further restricting eligibility for federal tax credits. The rules bar battery cells, solar wafers and other equipment sourced from China and other U.S. adversaries, and imposes additional constraints tied to company ownership and financial…

Reuters reports that the U.S. Federal Reserve is expected to name Randall Guynn, a former partner at law firm Davis Polk & Wardwell who has represented the largest U.S. banks, as its new director of supervision and regulation, according to two people familiar with the matter. Wall Street attorneys who have gone into government regulatory…

President Trump announced earlier this week that he is directing the Department of Energy to allocate $175m to six coal plants across Kentucky, North Carolina, Ohio, Virginia, and West Virginia. This funding, sourced from the bipartisan infrastructure bill, aims to support upgrades and maintain operations. Trump, who has dismissed climate change, declared an “energy emergency”…

The U.S. posted a $95bn budget deficit in January, down 26% from a year earlier, as revenue growth outpaced spending increases, according to the Treasury Department. Receipts rose 9% to $560bn, while outlays increased 2% to $655bn. Higher customs duties driven by President Donald Trump’s tariffs significantly boosted revenues, with January net customs receipts reaching…

The Trump administration wants technology companies to commit to a new compact concerning AI data centers, Politico has reported, citing two administration officials. The draft compact sets out commitments to make sure data centers do not raise household electricity prices, strain water supplies or undermine the energy grid, according to a draft of the compact…