DETROIT — Ford and Mazda are warning the owners of more than 475,000 older vehicles not to drive them because they have dangerous Takata air bag inflators that have not been replaced.
August 13, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Oil Surplus Looms if OPEC+ Hikes Supplies, IEA Data Shows
Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.
August 13, 2024US Wholesale Inflation Cooled in July
WASHINGTON — Wholesale price increases eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates.
August 13, 2024Marathon Investor Sues to Block ConocoPhillips Acquisition
A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues” the target company.
August 12, 2024Port Isabel Secures $1.6M Grant for Major Expansion Projects
Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.
August 12, 2024Two-Year-Old CHIPS Act Spurs Regional Growth, Lawmakers Say
In the two years since President Biden signed the measure into law, the Commerce Department indicated it has announced more than $30 billion in private sector investments across 15 states.
August 12, 2024Post-9/11 Studies Considered ‘Pier Protection’ at Key Bridge
BALTIMORE — Engineering studies commissioned by the state of Maryland in the early 2000s considered the possibility of a “ship impact” at the Francis Scott Key Bridge.
August 12, 2024Oil Refiners in US Slow Down, Stoking Global Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.
August 12, 2024Texas Opens Two I-10 Rest Areas With Parking for 116 Trucks
The Texas Department of Transportation has replaced a pair of rest areas near Van Horn on I-10 that boast two of its largest commercial vehicle parking areas to accommodate 116 trucks.
August 9, 2024CHIPS Act Turns 2, Stays on Track
The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.
August 9, 2024