Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.
May 25, 2021Search
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Amazon Sued by D.C. AG in Antitrust Suit Over Pricing
Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.
May 25, 2021Suez Canal’s Claim Over Once-Stuck Ship Referred by Court
CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.
May 24, 2021Likely Growth in Drone Deliveries Prompts NTSB to Expand Its Purview
The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.
May 20, 2021Roads Busy Again After Pandemic Bring Risk, Experts Say
The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.
May 20, 2021CP Rail Declines to Boost Offer, Urges KC Southern to Drop CN
Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory risks.
May 20, 2021China Bill to Include $52 Billion for U.S. Chip Manufacturing
The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.
May 18, 2021The World Economy Is Suddenly Running Low on Everything
A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.
May 17, 2021Rail Industry Defends Safety Record Amid Staffing Cuts
OMAHA, Neb. — Even as railroads are operating longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.
May 17, 2021EU, US Reach Truce on Metal Tariffs Ahead of Biden Visit
The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.
May 17, 2021