11 Jan Winter LNG Boom Creates Most Expensive Cargo Ships in History An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities. Read more...
11 Jan Oil Dips Below $52 With Dollar Rising as Rally Takes Breather Oil fell as the dollar strengthened, with the steam coming out of a rally that pushed crude to the highest level in 10 months. Read more...
11 Jan Biden’s Go-Big Stimulus Plans Will Test Closely Divided Senate President-elect Joe Biden’s plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for Donald Trump that could add to delays. Read more...
11 Jan Indonesian Divers Find Parts of Wrecked Boeing Plane in Java Sea Authorities said they determined the location of the crash site and black boxes of a Boeing 737-500 on Jan. 10, a day after the aircraft crashed into the Java Sea with 62 people on board shortly after taking off from Indonesia’s capital. Read more...
08 Jan Chips Shortage Hits Global Automakers A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars. Read more...
08 Jan Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched. Read more...
08 Jan GM Changes Corporate Logo to Plug Its EV Strategy General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern. Read more...
08 Jan ASCE to Release New Infrastructure Study A new report chronicling infrastructure concerns around the country will be unveiled Jan. 12, the American Society of Civil Engineers recently announced. Read more...
08 Jan Cruise Hires Former Delta Air Executive Gil West as COO Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco. Read more...
08 Jan PennDOT Says Licensing Law Will Increase Safety, Opportunities for Drivers The Pennsylvania Department of Transportation recently commended a new state law related to licensing and credentialing that includes provisions associated with commercial driver license holders. Read more...