27 Aug Climate Change Debate Adds to Busy Fall Congressional Agenda By recently proposing to reduce emissions, invest in communities and add millions of new jobs, Senate Democrats intend to add climate change to the list of pertinent policy matters before Congress this fall. Read more...
27 Aug VW CEO Backs Bill Gates’ Proposals for Greener Transportation Volkswagen AG’s CEO encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power. Read more...
27 Aug Waymo Tests Autonomous Trucks in Texas Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts. Read more...
27 Aug Jobless Claims Resume Decline; Report Comes With Caveats Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is back on track as COVID-19 infections ease from a surge in the prior two months. Read more...
27 Aug Hurricane Laura Blasts Gulf Coast With Wind, Rain Hurricane Laura pounded the Gulf Coast with ferocious wind and torrential rain and unleashed a wall of seawater that could push 40 miles inland as the Category 4 storm roared ashore Aug. 27 in Louisiana near the Texas border. Read more...
26 Aug Elon Musk’s Wealth Now Exceeds $100 Billion Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk. Read more...
26 Aug Ports Say Business Beginning to Recover The nation’s ports are seeing some improvement in business even as the U.S. economy continues to struggle amid the COVID-19 pandemic. Read more...
26 Aug Walmart Cuts 230 Million Tons of Emissions, With Supplier Help Walmart Inc. has cut 230 million metric tons of greenhouse gases out of its supply chain in the past three years, putting the world’s largest retailer on track to achieve its 2030 emissions goal. Read more...
26 Aug Tesla Touches $400 Billion After Latest Boost From Street Wall Street’s optimistic view on Tesla Inc. further solidified Aug. 26 after a Jefferies analyst more than doubled his price target on the stock, saying the company will continue to broaden its competitive edge in multiple dimensions, including battery capacity and industrial efficiency. Read more...
26 Aug Contract Rates Nearing Possible Jump Amid Rising Spot Prices The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said. Read more...