House Democrats to Map Out Economic Response to Virus Outbreak
House Speaker Nancy Pelosi plans to meet with top Democrats on March 9 to begin drawing up a response to the economic disruption caused by the coronavirus outbreak, which already is threatening to stall growth.
March 9, 2020Economic Concern Spreads in US Along With Coronavirus
Rick Cotton, executive director of the Port Authority of New York and New Jersey, is being treated for the coronavirus after testing positive, New York Gov. Andrew Cuomo announced March 9.
March 9, 2020EPA Proposes Tougher Rules to Monitor Runoff at Transportation Facilities
The Environmental Protection Agency is seeking comments on proposed changes aimed at expanding and strengthening its permitting authority to regulate activities at motor freight transportation facilities, and other industrial sectors, that are often exposed to stormwater runoff.
March 9, 2020Stocks, Oil Plunge Over Global Fight for Crude Production
BEIJING — Global stock markets and oil prices plunged March 9 after a fight among major crude-producing nations jolted investors who already were on edge about the surging costs of a virus outbreak.
March 9, 2020Oil Demand to Drop This Year for First Time Since 2009, IEA Says
Global oil demand will decline this year for the first time since the 2009 financial crisis as the coronavirus slams the world economy.
March 9, 2020Developers Revive Cold-Storage Facility Plans in Maine
A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland, Maine.
March 6, 2020Trump’s Biofuel Plan Triggers Political Fallout in Farm Country
President Donald Trump’s decision to defend the U.S. government’s power to broadly exempt oil refineries from biofuel-blending requirements is triggering a backlash in Iowa and other states that are top producers of ethanol and the corn used to make it.
March 6, 2020Trump Signs $8.3 Billion Coronavirus Emergency Funding Into Law
Legislation to provide $8.3 billion for public health initiatives meant to tackle the spread of the coronavirus was signed into law by President Donald Trump on March 6.
March 6, 2020OPEC+ Talks Collapse, Threatening Russia-Saudi Oil Alliance
OPEC+ talks ended in dramatic failure, signaling the possible end of a diplomatic alliance between Saudi Arabia and Russia that has underpinned crude prices and changed the balance of power in the Middle East.
March 6, 2020US Trade Deficit Narrows to $45.3 Billion in January
WASHINGTON — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
March 6, 2020