GENEVA — The World Trade Organization says China can impose sanctions on up to $3.6 billion worth of U.S. goods over the U.S. government’s failure to abide by anti-dumping rules with regard to Chinese products.
November 1, 2019Search
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US Manufacturing Contracts for Third Straight Month
WASHINGTON — U.S. manufacturing output dropped for the third straight month in October as trade tensions and a slowing global economy took a toll on American factories.
November 1, 2019US Added a Solid 128,000 Jobs in October Despite GM Strike
WASHINGTON — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed.
November 1, 2019Keystone Pipeline Shutdown Raises Costs for US Gulf Refiners
The Keystone crude pipeline was shut Oct. 30 after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.
October 31, 2019‘Canada’ Is Becoming a Dirty Word in the Oil Patch
Canada’s beleaguered energy sector suffered another morale blow as Encana Corp. — one of its marquee companies that was born out of the 19th-century railway boom — announced plans to move its headquarters to the U.S. and drop the link to Canada from its name.
October 31, 2019Transportation Leaders Officially Kick Off Volpe Center Construction
Transportation Secretary Elaine Chao recently celebrated the groundbreaking of a construction project for the agency’s new John A. Volpe Transportation Systems Center in Cambridge, Mass.
October 31, 2019Trump Push for Corn-Heavy Fuel Isn’t Reaching the Pump
President Donald Trump’s effort to boost corn demand by allowing year-round sales of ethanol-blended gasoline has run into a logistical problem. Few stations offer it.
October 31, 2019Alberta Loosens Oil Output Limits With Railroad Allowances
Alberta took a step toward easing the pain of its crude-production caps by allowing oil companies to exceed output limits if they ship the extra production by rail.
October 31, 2019Fed Cuts Rates by Quarter Point, Hints It May Be Done for Now
Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and hinted they may be done loosening monetary policy, at least for one meeting.
October 30, 2019Trump Still Plans on China Deal After Chile Cancels APEC Summit
President Donald Trump still hopes to ink a trade accord with Xi Jinping next month, even after plans were thrown into question Oct. 30 when Chile canceled an upcoming summit where the two leaders planned to meet.
October 30, 2019