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Arizona Selected for Third CHIPS for America Facility

The U.S. Department of Commerce announced Jan. 6 that Arizona has been selected for the third of three CHIPS for America research and development flagship facilities.

January 27, 2025

Ancora-Backed CEO Candidate Proposes US Steel Overhaul

ā€œI want to have a stake in something that I’m going to be involved in,ā€ Alan Kestenbaum said Jan. 27 in an interview. ā€œIf I get the chance to run the show, I’ll invest in myself.ā€

January 27, 2025

EPA Awards $1M to Future Louisiana International Terminal

The U.S. EPA awarded the Port of New Orleans $1 million to pay for a sustainability plan to assist with building the multimodal Louisiana International Terminal container facility.

January 27, 2025

Oil Traders Expect OPEC+ to Stick With Supply Plan Next Week

Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from President Donald Trump to open the taps and bring down crude prices.

January 27, 2025

Kia Recalls 80,000 Vehicles Over Air Bag Issue

Kia America Inc. has announced a recall of more than 80,000 Kia vehicles due to improper floor wiring that may impact the vehicle’s air bag deployment.

January 27, 2025

Investor Seeks to Quash US Steel-Nippon Deal

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

January 27, 2025

Wisconsin Invests $10.8M in 5 Harbor Infrastructure Projects

Wisconsin Gov. Tony Evers granted $10.8 million on Jan. 15 for five harbor infrastructure projects to improve the movement of freight and the state’s supply chain.

January 24, 2025

Amazon Layoffs Prompt Canada to Review Government Deals

Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.

January 24, 2025

Canada, Mexico Steelmakers Refuse New US Orders

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties.

January 24, 2025