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GM to Install EV Charging Stations Throughout the Rural US & Canada

General Motors revealed Wednesday almost 1,000 GM dealers have enrolled in its Dealer Community Charging Program so far. GM says it intends to nearly double the availability of Level 2 (L2) EV charging in the US and Canada, with plans to add up to 40,000 chargers in underserved communities where infrastructure is currently limited.

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Cold Winter Ahead for New England

New England’s power grid may be in trouble this winter as ISO New England, which runs the power grid in the region, is asking residents of the six states to limit electricity usage during times of extreme cold.

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PepsiCo Slashes Jobs

PepsiCo may be slashing thousands of corporate jobs in North America. The layoffs will affect employees of its food and beverage businesses in Chicago; Plano, Texas, and Purchase, New York, the Journal reported, citing people familiar with the matter and a company memo. PepsiCo’s portfolio includes Gatorade drinks, Frito-Lay snacks, and Quaker Oats foods.

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$9 Billion Crypto SPAC Falls Through

A Crypto group known as Circle has ceased to move forward with plans to go public through a SPAC deal that was valued as high as $9 billion.

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Blackstone Gates REIT Amid Redemption Pressure

Blackstone has limited withdrawals from its $125 billion real estate investment fund following a surge in redemption requests, as investors clamor to get their hands on cash and concerns grow about the long-term health of the commercial property market.

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