US Industrial Production, Factory Output Climb in May
Surging output of cars, trucks and auto parts pulled U.S. factory production up 0.9% in May.
June 15, 2021Energy Chief Jennifer Granholm Cites Risk of Cyberattacks Crippling Power Grid
WASHINGTON — Energy Secretary Jennifer Granholm on June 6 called for more public-private cooperation on cyber defenses and said U.S. adversaries already are capable of using cyber intrusions to shut down the U.S. power grid.
June 7, 2021Amazon to Hold Prime Day June 21-22
NEW YORK — Amazon said that it will hold its annual Prime Day on June 21 and 22, the earliest it has ever held the sales event.
June 2, 2021Ram Trucks Recalled; Wheels Could Fall Off
DETROIT — Fiat Chrysler said May 28 that it is recalling more than a half-million heavy-duty Ram trucks to fix a problem that can cause the wheels to fall off.
May 28, 2021Court Orders Shell to Cut Net Emissions by 45%
THE HAGUE, Netherlands — A Dutch court on May 26 ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared with 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.
May 26, 2021Kansas City Southern Exits CP Deal, Takes CN’s $34 Billion
NEW YORK — Kansas City Southern has abandoned its agreement to be acquired by Canadian Pacific, choosing instead a competing bid from Canadian National Railway with a bigger price tag, but also greater regulatory risks.
May 21, 2021Gas Crunch From Cyberattack Intensifies in Nation’s Capital
Gas shortages at the pumps are spreading from the South to the Mid-Atlantic states, where Virginia and the District of Columbia have become some of the hardest hit areas after a cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
May 14, 2021Colonial Pipeline Restarts Operations, but Normalcy Days Away
Colonial Pipeline, the nation’s largest fuel pipeline, restarted operations May 12, days after it was forced to shut down by a gang of hackers.
May 12, 2021Repairs to I-40 Bridge Could Take Months
MEMPHIS, Tenn. — Repairs to the Interstate 40 bridge linking Arkansas and Tennessee could take months after a crack was found in the span, forcing thousands of trucks and cars to detour and shutting down shipping on a section of the Mississippi River, a transportation official said May 12.
May 12, 2021More Stations in Southeast Running Out of Gas
Drivers waited in long lines at gas stations in the Southeast on May 12 after a hack of the nation’s largest fuel pipeline led to distribution problems and panic buying, draining supplies at thousands of gas stations.
May 12, 2021