Biden administration distributes $7 billion for solar power access
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 22 April 2024
⏱️ 1 minutes
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Summary
The money is aimed at low-income and disadvantaged communities, the White House said; Senate to take up Ukraine, Israel aid bill; Boeing, PepsiCo, General Motors and other big names to release quarterly earnings this week; UBS predicts slowing earnings growth at Big Tech companies.
Transcript
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| 0:00.0 | The White administration is distributing $7 billion to increase access to solar power. |
| 0:07.0 | I'm Novisafo with a Marketplace Minute. |
| 0:09.3 | The money will help pay for residential solar power in low-income and disadvantaged communities, according to the administration. |
| 0:16.0 | It estimates nearly a million households will benefit through services such as grants and low-interest financing |
| 0:22.0 | for installation. |
| 0:23.8 | The Senate is taking up a House passed bill to send aid to Ukraine and Israel. |
| 0:28.1 | If approved, more munitions could be headed to Ukraine within days, according to officials, A first vote in the Senate is expected |
| 0:34.8 | tomorrow. A number of big-name companies are scheduled to release quarterly earnings reports |
| 0:39.9 | this week, including Boeing, Pepsico, and General Motors, Tesla's stock has taken a beating ahead of its |
| 0:46.2 | report tomorrow. |
| 0:47.2 | Meanwhile, a new forecast from UBS predicts earnings growth at the biggest technology companies could |
| 0:53.0 | slow by this time next year. This applies to Apple, Amazon, |
| 0:57.0 | Alphabet, Meta, Microsoft, and Invidia. |
| 1:00.0 | I'm Novosophil with the Marketplace Minute. |
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