Federal Aid Tops $2B for Recovery From Helene, Milton
The federal government has been under intense pressure to show that it is getting help to areas devastated by the back-to-back hurricanes and warns that more money will be needed.
October 16, 2024States Temporarily Lift Fuel Tax Rules for Hurricane Relief
The exemptions are designed to facilitate aid delivery to Southern states still recovering from hurricanes Milton and Helene.
October 16, 2024US to Loan EV Battery Parts Maker $671M for Georgia Plant
The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.
October 16, 2024Volvo Trucks Pushes Ahead With Electric Truck Goals
NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.
October 15, 2024Biodiesel Projects Win $1.85 Million in Iowa Grants
Iowa is incentivizing biodiesel production with $1.85 million in new biofuel grants announced by state Agriculture Secretary Mike Naig to support rural jobs.
October 15, 2024EU Plans Tariff Strategy if Trump Returns to White House
The EU’s favored approach would be to seek an agreement with Trump on some areas of common interest such as China, said one of the people, who spoke on the condition of anonymity.
October 15, 2024DeSantis Grants SeaPort Manatee $9.5M After Hurricane Milton
Florida Gov. Ron DeSantis awarded SeaPort Manatee a $9.5 million grant to help repair berths and infrastructure after the port sustained $225 million in damages from Hurricane Milton.
October 15, 2024EV Chipmaker Wolfspeed Wins $1.5 Billion Financing
Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.
October 15, 2024BMW CEO: EU Combustion Engine Ban Is ‘No Longer Realistic’
Europe’s plan to effectively ban the sale of combustion engine cars from 2035 will lead to a “massive shrinking” of its automotive industry, according to BMW AG CEO Oliver Zipse.
October 15, 2024FedEx’s ‘Panda Express’ Lands in Washington
A pair of 3-year old giant pandas have left a research facility in Dujiangyan, China, and were flown via FedEx's Panda Express to Washington.
October 15, 2024