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Innovation and Intellectual Property Headlines

BMW raises R&D spending for electric, autonomous cars

German carmaker BMW will increase research and development (R&D) spending to an all-time high of up to 7 billion euros ($8.6 billion) this year as part of efforts to bring 25 electrified models to market by 2025.


Congress scrambles to pass funding bill before Friday deadline

WASHINGTON The U.S. Congress on Thursday was racing to approve a massive spending bill and send it to President Donald Trump for enactment before a midnight Friday government shutdown deadline, in a move that would significantly boost defense and non-military funding through Sept. 30.