President-elect Donald Trump is likely to maintain new U.S. limits on global sales of AI chips by Nvidia Corp. and others, a top Biden administration official said.
January 13, 2025Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Mexico Plans Nearshoring Incentives to Curb China Imports
Mexico President Claudia Sheinbaum announced a plan to reduce the country’s imports from China in a bid to support local industry and align herself with the U.S. as a trade partner.
January 13, 2025Oil Tanker Rates Soar on Biden Sanctions Against Russia
Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.
January 13, 2025Trump’s Tariffs Will Include Oil, Alberta Premier Warns
Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned.
January 13, 2025Supreme Court Won’t Hear From Oil Companies on Climate Suits
WASHINGTON — The Supreme Court said it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions in damage linked to climate change.
January 13, 2025Cleveland-Cliffs, Nucor Mull US Steel Bid, CNBC Says
Cleveland-Cliffs Inc. is partnering with rival Nucor Corp. in a potential bid for United States Steel Corp., CNBC reported Jan. 13.
January 13, 2025Biden Administration Proposes New Rules on Exporting AI Chips
WASHINGTON — The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence.
January 13, 2025Northvolt Sells Its Stake in Recycling JV to Norsk Hydro
Bankrupt battery maker Northvolt AB agreed to sell its remaining shares in a recycling venture to Norsk Hydro ASA as it continues to slim down operations amid a Chapter 11 process in the U.S.
January 13, 2025Oshkosh Ready for Possible USPS Shift to Gas Trucks From EVs
Oshkosh is prepared to provide the Postal Service more gas-powered mail trucks if the agency cuts back orders for EVs, which benefit from funding President-elect Donald Trump has criticized.
January 13, 2025Aurora Fights FMCSA Ruling on Hazard Warnings
Aurora Innovation, a maker of self-driving tech for trucks, is fighting FMCSA's decision to deny the company an alternative means to comply with safety rules that typically require a human being.
January 13, 2025