Focus on Business
Texas narrows gas plant projects vying for $5.4 billion in funding
Texas selected 17 projects for $5.38 billion in funding to develop gas-fired power plants, advancing nearly 10,000 MW in capacity.
Trump would axe Biden clean power rules, speed power plant approvals, campaign says
Trump plans to rescind Biden's clean energy rules and speed approvals for power plants if he wins the 2024 election.
Venture Global seeks OK to unload first LNG commissioning cargo at Louisiana plant
Venture Global LNG seeks U.S. approval to unload its first LNG commissioning cargo at the Plaquemines plant by Aug. 30.
GM must face big class action over faulty transmissions
A federal appeals court has ordered GM to face a class action lawsuit over claims that it knowingly sold vehicles with faulty transmissions...
Texas is sued over anti-ESG law
A nonprofit sued Texas to block a law that penalizes businesses supporting reduced fossil fuel use, claiming it violates free speech.
Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says
Nippon Steel urges Japan to curb Chinese steel imports, as it seeks to close its U.S. Steel acquisition amid rising competition.
GM to move BrightDrop electric commercial vans to its Chevrolet brand
GM to rebrand BrightDrop electric vans under Chevrolet, expanding reach through its North American dealership network.
EV tariffs could hurt European companies and industry, Polestar CFO says
Polestar CFO warns EU and U.S. tariffs on China-made EVs could harm European industry, as Polestar shifts production.
Shares of Parex Resources drop after company cuts production forecast
Parex Resources shares fell 28% after cutting 2024 production guidance and announcing CFO Sanjay Bishnoi's departure.
