NPR's Michel Martin speaks with the chief executive of a Minnesota baby products manufacturer about her experience applying for a refund from President Trump's tariffs.
JAM Software, the company behind TreeSize, has frustrated users by ending support and updates for perpetual licenses unless customers subscribe, and by not providing license keys or installers after the support period, citing economic conditions and the need for predictable revenue.
Planet Money Summer School launches its new season, taking listeners on a world tour to explore innovative economic ideas from Australia's water markets and New Zealand's inflation targeting to Norway's resource management and China's engineering economy, alongside listener-submitted concepts.
Swedish electric trucking firm Einride acquires US EV charging startup Flipturn for $38 million in an all-stock deal. This expands Einride's EV charging ecosystem and supports its U.S. scaling strategy, integrating charging software with its electric truck offerings.
General Motors announced it will launch new gas-powered Cadillac vehicles, including the CT5 sedan, XT5, and XT6 SUVs, starting next spring and continuing into 2028. This marks a shift from its previous all-electric strategy for Cadillac, driven by slower EV adoption and eased US emissions standards.
Battery materials startup Sila secured $300 million in funding to expand its Moses Lake, Washington factory, aiming to produce enough silicon-carbon anode material for over 100,000 electric vehicles annually. This expansion supports EV and energy storage markets amidst global sales growth and a search for alternatives to Chinese graphite.
Apple is reportedly partnering with Klarna to introduce "Apple Upgrade," a new lease-to-own program launching July 28. It allows consumers to pay for iPhones, iPads, Macs, and Apple Watches over multi-year periods, aiming to make recent price hikes more palatable amid supply chain issues.
