“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
May 10, 2022Search
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Gas Prices Hit Record With Driving Season Looming
Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.
May 10, 2022Diesel Rises 11.4¢, Sets New Record at $5.623 a Gallon
The national average price of diesel posted its second double-digit increase in as many weeks, rising 11.4 cents to $5.623 a gallon and a new all-time high, according to Energy Information Administration data released May 9.
May 9, 2022Industry Leaders Raise Concern About Proposed EPA NOx Rule
The Environmental Protection Agency is proposing its first new rules governing heavy-truck nitrogen oxide emissions in two decades, but engine manufacturers say the proposals would be difficult to meet and counterproductive because they could slow the move to cleaner technology.
May 9, 2022Shell Will Sell Russia Fuel Stations as Part of Exit Plan
Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.
May 6, 2022New England Copes With Soaring Diesel Prices
Experts worry that a continuing rise in diesel costs will affect prices at your local grocery store, on top of the inflation that has already caused prices to soar. And currently that pain is particularly acute in New England, where diesel prices have vaulted past the $6-a-gallon mark.
May 5, 2022Biden Administration Lays Out Plans to Refill Oil Reserve
The Biden administration announced a plan May 5 to begin purchasing oil to refill the nation’s emergency reserve.
May 5, 2022OPEC+ Opens Oil Taps Gradually as Russian War Roils Markets
LONDON — OPEC and allied oil-producing countries decided May 5 to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian oil threatens to yank millions of barrels off a global market already thirsty for crude.
May 5, 2022Congressional Leaders Eye Legislation Targeting Fuel Prices
With the traditional start of the busy summer driving season fast approaching, congressional leaders are taking aim at rising gasoline prices.
May 4, 2022Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals
LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.
May 3, 2022