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Nippon Steel’s Growth Strategy Murky After Likely US Block

The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.

December 16, 2024

Tanker Rates Hit by OPEC+ Delays, Weak China Demand

The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.

December 16, 2024

Trump Considering Privatization for Struggling USPS

President-elect Donald Trump has discussed possibly overhauling the agency with Howard Lutnick, his commerce secretary nominee, and other transition officials, The Washington Post said.

December 16, 2024

Toll Rates to Rise in Several States in 2025

Starting in January, toll rates on roads in Ohio, Oklahoma, Pennsylvania, New Jersey and New York are set to rise anywhere from 3% to 15% for passenger and commercial vehicles.

December 13, 2024

Supreme Court to Review California Auto Emissions Case

The U.S. Supreme Court will hear a case stemming from California’s vehicle pollution limits, agreeing to decide whether biofuel companies have a legal right to sue over the regulations.

December 13, 2024

Canada Orders Postal Workers Back to Job

The Canadian government asked an independent labor board to order 55,000 Canada Post workers back to the job, a move that’s expected to end a strike that disrupted mail service for nearly a month.

December 13, 2024

Agriculture Industry Talks With Trump Team on Immigration

The U.S. agriculture industry has started talks with Donald Trump’s transition team in a bid to advocate for the food business as the president-elect pledges tariffs and mass deportations.

December 13, 2024

Energy Department Pushes Out Technology Loan Funds

President Joe Biden’s $400 billion green bank has just weeks to close billions of dollars in deals to finance green technology before handing the keys to the Trump administration.

December 13, 2024

Trump Supports Dockworkers Union on Automated Systems

WASHINGTON — President-elect Donald Trump voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports.

December 13, 2024