Logistics

EU Plan Will Classify Food Delivery Workers as Employees

As many as 4.1 million people working through food delivery and ride-hailing apps could be reclassified as employees under a forthcoming European Union plan meant to improve gig workers’ labor rights.

December 3, 2021
Government, Business, Technology, Fuel, Autonomous

Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021
Business, Technology, Fuel

Rivian’s Trading Debut Pushes Value to Almost $88 Billion

Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.

November 10, 2021
Government, Business, Technology, Fuel

Lawmakers Chide Colonial Pipeline for Weak Cybersecurity

U.S. lawmakers criticized Colonial Pipeline Co.’s cybersecurity practices as the company’s CEO faced his second day of questioning on Capitol Hill.

June 9, 2021
Government, Business, Fuel

Colonial Pipeline CEO Defends Cyberattack Response

The chief executive officer of the pipeline company hit by a ransomware attack last month apologized to a U.S. Senate panel for the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel, while defending his company’s response and offering tips for future hacking victims.

June 8, 2021
Government, Business, Fuel

Oil Tops $70 a Barrel for First Time Since 2019

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

June 1, 2021
Government, Business

Biden, GOP Leaders Say Infrastructure Deal Possible

Republican congressional leaders said it may be possible to reach agreement with Joe Biden on an infrastructure plan after meeting May 12 with the president at the White House.

May 12, 2021
Government, Business

Senators Working on Infrastructure Alternative

Utah Republican Mitt Romney said April 14 a group of senators is in the “early stages” of discussing a potential counterproposal to President Joe Biden’s $2.25 trillion infrastructure and spending plan that would be more narrowly focused and less expensive.

April 14, 2021
Government, Business, Logistics

Maersk Is Said to Weigh Sale of $1 Billion Cold Container Unit

A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the COVID-19 pandemic, according to people familiar with the matter.

March 10, 2021
Business, Technology, Autonomous

GM-Backed Cruise in Talks to Buy Startup Voyage

Cruise, the self-driving vehicle company majority owned by General Motors Co., is in talks to acquire Voyage, an autonomous technology startup that operates in retirement communities, according to people familiar with the matter.

March 3, 2021