Renault to Sell Russian Operations to Moscow
Russia will take control of French car manufacturer Renault’s operations in the country and resurrect a Soviet-era auto brand, officials said May 16, marking the first major nationalization of a foreign business since the war in Ukraine began.
May 16, 2022DeJoy: ‘Uncomfortable’ Postal Hikes Coming
WASHINGTON — Americans should get used to “uncomfortable” postage rate increases in coming years as the U.S. Postal Service seeks to become self-sufficient, Postmaster General Louis DeJoy said May 5.
May 5, 2022Stellantis Posts Higher Q1 Revenue Despite Russia Plant Closure
MILAN — Carmaker Stellantis on May 5 reported higher first-quarter revenues despite lower deliveries, with no significant impact from the closure of its Russian plant due to sanctions.
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, 2022Norman Mineta, Former DOT Secretary, Dies at 90
ANNAPOLIS, Md. — Norman Mineta, who broke racial barriers for Asian Americans serving in high-profile government posts and ordered commercial flights grounded after the 9/11 terror attacks as the nation’s federal transportation secretary, died May 3. He was 90.
May 3, 2022China Grants First Driverless Taxi Permits to Baidu, Pony.ai
BEIJING — China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country’s pursuit of driverless technology.
April 28, 2022Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022After Removing 500 Containers, Ever Forward Moves Forward
BALTIMORE — A containership the length of more than three football fields has finally been pried from the muddy bottom of the Chesapeake Bay more than a month after it ran aground.
April 18, 2022Amazon CEO Jassy Wants to Improve Warehouse Safety
In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.
April 14, 2022Musk Says Tesla Will Build Vehicle Designed to Be a Robotaxi
AUSTIN, Texas — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory.
April 8, 2022