Saudi Arabia Extends Oil Production Cut Through September
DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.
August 3, 2023BP Profits Are Cut in Half to $2.6 Billion
LONDON — Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first quarter as oil and natural gas prices have fallen.
August 1, 2023NHTSA Investigates Tesla Steering Control Complaints
The National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in Tesla 2023 Models 3 and Y electric vehicles.
August 1, 2023Shell Earnings Top $5 Billion in Q2
LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.
July 27, 2023Stellantis Profits Soar 37% in First Half of Year
MILAN — Stellantis on July 26 reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe.
July 26, 2023Retail Sales Up 0.2% in June
NEW YORK — Americans increased their spending in June as inflation eased in many areas, and the job market remained remarkably strong.
July 18, 2023No Hazards Reported as Freight Train Derails in Pennsylvania
WHITEMARSH TOWNSHIP, Pa. — A freight train derailment in Pennsylvania early July 17 spurred precautionary evacuations, but officials said there was no known hazard to the public.
July 17, 2023Teamsters Ask Biden Not to Intervene if UPS Workers Strike
NEW YORK — The head of the Teamsters said July 16 that he has asked the White House not to intervene if unionized UPS workers end up going on strike.
July 17, 2023Fatal Fire Still Burning on Newark Cargo Ship
NEWARK, N.J. — A cargo ship burned for a third day July 7 at a New Jersey port after claiming the lives of two firefighters on July 6.
July 7, 2023I-95 Bridge Repair: How NASCAR Helped Speed Things Along
PHILADELPHIA — The race to reopen a stretch of Interstate 95 is getting a boost from a truck-mounted jet dryer that’s normally used to keep moisture off the track at the Pocono Raceway.
June 22, 2023