Focus on Business
Chinese firms take on EV truck challenges
Electric trucks currently represent less than one percent of truck sales worldwide.
Legislative report: Development of data centers could triple Virginia’s energy demands if unconstrained
Data center growth in Virginia could triple energy demands, sparking concerns over sustainability and infrastructure limits.
Italy must be key part of Stellantis’ plans, industry minister says
Italy Industry Minister: "There must be an assertive Italy plan within Stellantis' industrial plan that protects national factories."
China’s CNOOC sells US assets to Britain’s INEOS
The deal primarily includes non-operator interests in oil and gas projects such as the Appomattox and Stampede fields.
Yellen won’t rule out sanctions on Chinese banks, curbs on ‘dark fleet’ oil tankers
Yellen signals new sanctions on Russian oil and Chinese banks to curb funding for the Ukraine war amid a softer oil market.
Judge clears way for Musk appeal to try to restore $56 billion Tesla pay
A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that invalidated Musk's $56 billion pay package, citing fiduciary breaches.
US Supreme Court to hear dispute over California tailpipe emissions, EV standards
Supreme Court to hear fuel producers' challenge to California's vehicle emissions standards, testing state power under federal law.
US House panel finds BlackRock, other asset managers leery of joining climate initiative
U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.
Column: Bleak times for copper smelters as conversion fees slump
The benchmark copper smelting fees collapse marks the toughest financial squeeze for global smelters in over 20 years.
Earthquakes and blowouts undermine case for carbon storage in Texas
Carbon sequestration is vital to U.S. government goals to reduce emissions that cause global warming.
