Thursday, 26 June 2025

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FILE PHOTO: Semi trucks drive past a giant U.S. flag displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
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California seeks company profits in Big Oil climate lawsuit

California's attorney general on Monday sought to force the world's biggest oil companies to give up profits the state alleges they made while...

New York Governor Kathy Hochul speaks to press after an incident at the Rainbow Bridge U.S. border crossing with Canada, in Niagara Falls, New York, U.S. November 22, 2023.  REUTERS/Lindsay DeDario
AutomotiveEconomyElectric Vehicles (EVs)EmissionsNewsPoliticsPublic TransitTransport

New York transit agency looks for capital cuts after halt to congestion pricing

New York's Metropolitan Transportation Authority said Monday the agency is looking for cuts to capital projects and is concerned about the status of...

FILE - Taillights trace the path of a motor vehicle at the Naughton Power Plant, Jan. 13, 2022, in Kemmerer, Wyo. Bill Gates and his energy company are starting construction at their Wyoming site adjacent to the coal plant for a next-generation nuclear power plant he believes will “revolutionize” how power is generated. (AP Photo/Natalie Behring, File)
BusinessEconomyNewsNuclear Power

In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize”...

Tesla, X (formerly known as Twitter) and SpaceX's CEO Elon Musk attends the AI Safety Summit at Bletchley Park in Bletchley, Britain on November 1, 2023.    Leon Neal/Pool via REUTERS
BusinessEconomyElectric Vehicles (EVs)FinanceNews

California pension fund against Tesla CEO Musk’s $56B pay package: CNBC report

California State Teachers Retirement System (CalSTRS) will vote against Tesla CEO Elon Musk's $56 billion pay package, the pension fund's chief investment officer...

FILE PHOTO: Shawn Fain, President of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

UAW reaches tentative agreement with Ultium Cells at Ohio EV battery plant

The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build...

FILE PHOTO: People are pictured at Waikiki Beach in Honolulu, Hawaii August 25, 2015. REUTERS/Marco Garcia
ClimateCourtsEmissionsNatural GasNewsOilPolitics

Supreme Court seeks US government views on Honolulu climate suit against oil companies

The U.S. Supreme Court on Monday asked President Joe Biden's administration to offer its views on a bid by Sunoco and other oil...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)FinanceNewsPoliticsTransport

Tesla turns to Musk’s small shareholder fans to back $56bn payday

Tesla is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.

Elon Musk in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Norway wealth fund to vote against Musk’s $56 billion Tesla pay package

Norway's $1.7tn sovereign wealth fund said Saturday it will vote against ratifying Tesla CEO Elon Musk's $56bn pay package

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File photo
BusinessConstructionFinanceIndustryLabourManufacturingNews

Nippon Steel executive saw positive reaction from U.S. Steel workers

Nippon Steel VC Takahiro Mori met with US Steel's employees and community leaders to discuss its proposed acquisition of the US company

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelLiquefied Petroleum GasNewsOil

Berkshire buys additional 2.57 million shares in Occidental Petroleum

Warren Buffett's Berkshire Hathaway bought around 2.57m shares of common stock in Occidental Petroleum over June 5-7, according to US filing

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