Average Gasoline Price Drops 4 Cents to $5.05 a Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported June 26.
June 27, 2022Amazon Names New Head for Troubled Retail Business
Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.
June 21, 2022FAA Says Future Planes Will Need to Reduce Carbon Emissions
WASHINGTON — The Biden administration proposed June 15 that future planes produce lower levels of greenhouse gas emissions before they can be certified by federal regulators.
June 15, 2022Automakers Seek Lifting of EV Tax Credit Cap
NEW YORK — Major automakers are asking Congress to lift the cap on how many people would be offered tax credits if they buy a hybrid or fully electric vehicles.
June 13, 2022Biden Plots Inflation Fight With Fed Chair
WASHINGTON — Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy May 31 with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.
May 31, 2022Senate Confirms Steven Cliff to Lead NHTSA
DETROIT — The Senate on May 26 confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration.
May 27, 2022More Memorial Day Travel Expected, Despite High Gas Prices
To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.
May 26, 2022Stellantis, Samsung Plan Indiana EV Battery Plant
KOKOMO, Ind. — A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company’s second such factory in North America.
May 24, 2022Amazon to Sublease Warehouses as Online Shopping Slows
Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped the e-commerce giant rake in soaring profits in the past two years, has eased.
May 24, 2022Europe’s Push to Cut Russian Gas Faces Race Against Winter
While Europeans bask in the warmth of spring, governments are in a race against winter.
May 18, 2022