08 Jun Colonial Pipeline CEO Defends Cyberattack Response The chief executive officer of the pipeline company hit by a ransomware attack last month apologized to a U.S. Senate panel for the incident that paralyzed the East Coast’s flow of gasoline, diesel and jet fuel, while defending his company’s response and offering tips for future hacking victims. Read more...
08 Jun Job Openings Surge to Record 9.3 Million in April WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at breakneck speed. Read more...
08 Jun Automakers Face a Threat to EV Sales: Slow Charging Times DETROIT — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B. Read more...
08 Jun Biden to Launch Task Force on Bottlenecks in Supply Chains WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors. Read more...
08 Jun Trade Deficit Dips to $68.9 Billion With Exports Up WASHINGTON — The U.S. trade deficit narrowed in April to $68.9 billion as an improving global economy boosted sales of American exports. Read more...
07 Jun Biden-Capito Infrastructure Talks Stall President Joe Biden’s negotiations on an infrastructure deal with Republican Sen. Shelley Moore Capito appeared to stall June 7 and a bipartisan group of senators say they are ready to step in with an alternative. Read more...
07 Jun Tesla Heavy Trucking Exec Jerome Guillen Departs Tesla Inc. has parted ways with Jerome Guillen, a 10-year veteran who most recently served as president of heavy trucking and was one of four top executives running the company, including Chief Executive Officer Elon Musk. Read more...
07 Jun Diesel Bumps Up 1.9¢ to $3.274 a Gallon The national average price for a gallon of diesel rose 1.9 cents to $3.274, according to Energy Information Administration data released June 7. Read more...
07 Jun House Lawmakers Introduce Speed Limiters Bill A bill to require speed limiters on heavy commercial trucks was introduced in the U.S. House of Representatives. Read more...
07 Jun US Recovers Millions in Ransom From Colonial Pipeline Hackers The U.S. recovered almost all the bitcoin ransom paid to the perpetrators of the cyberattack on Colonial Pipeline Co. in May in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders. Read more...