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House Considers Electric Vehicles Legislation

Senate-passed legislation meant to promote access to electric vehicles around the country will be under consideration before the U.S. House of Representatives this month.

September 14, 2020

Hurricane Sally to Hit New Orleans, Alabama Coast

Hurricane Sally will begin hammering the U.S. Gulf Coast with flooding rains late Sept. 14, before making landfall between New Orleans and Mobile, Ala., and potentially causing as much as $3 billion in losses and damage.

September 14, 2020

Alabama Awards $1.5 Million for Infrastructure Projects

Leading Alabama officials have announced $1.5 million in funding will be awarded to cities and counties for local road and bridge projects.

September 14, 2020

OPEC Forecasts Lower Demand; BP Sees ‘Peak Oil’ in 2020s

Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Sept. 14 as it cut its forecasts.

September 14, 2020

Major Companies Reject Trump's Payroll Tax Deferral

A month after President Donald Trump moved to shore up workers’ incomes by giving employers the option of deferring payroll taxes, the effort has failed to energize a U.S. economy still reeling from the coronavirus pandemic.

September 11, 2020

Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near

Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for monthslong charters so that they can be ready to store excess barrels if necessary.

September 11, 2020

Kentucky Officials Award Funds to Freight-Moving River Ports

Kentucky officials recently announced $450,000 has been awarded to five river ports to assist with critical repairs and equipment improvements.

September 11, 2020

Experts Stress Public Trust in AV Tech as E-Commerce Rises

As the pandemic prompts people to shop from their homes and rely on contactless delivery services, gaining public trust in automated vehicle technology remains essential, experts said.

September 11, 2020

US Stocks Resume Sell-off With Tech Battered Anew

A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.

September 10, 2020

Fleets Rally to Aid Hurricane Laura Victims

Hurricane Laura wreaked havoc when it made landfall Aug. 27, but fleets have rallied to help the victims in the couple of weeks since.

September 10, 2020