24 Aug Nikola’s Trevor Milton Beseeches Investors to Use Warrants or Lose Them Electric-vehicle startup Nikola Corp. is urging stragglers to exercise their right to buy shares, the deadline for which has been extended until 5 p.m. Aug. 25. Read more...
24 Aug Diesel Price’s Virtual Holding Pattern Continues For the second week in a row, the price of diesel remained essentially flat compared with the prior week, dipping just one-tenth of a cent to $2.426 a gallon. Read more...
24 Aug DeJoy Says Trump Attacks on Mail-in Ballots ‘Not Helpful’ WASHINGTON — Postmaster General Louis DeJoy told lawmakers Aug. 24 that he has warned allies of President Donald Trump that the president’s repeated attacks on mail-in ballots are “not helpful,” but denied that recent changes at the Postal Service are linked to the November elections. Read more...
24 Aug Hendrickson Acquires Two Stemco Business Segments Hendrickson announced it acquired the Motor Wheel brake drum and Crewson slack adjuster business segments from Stemco, which in June reported it is refocusing resources on its core wheel-end and king pin product lines. Read more...
24 Aug Kansas DOT Unveils Transportation Technology Program The Kansas Department of Transportation recently introduced a new program to support projects that use technology to improve mobility and safety. Read more...
24 Aug Trump’s Arctic Oil Drilling Plan Will Be Tested in Court Environmentalists and Alaska natives are challenging the Trump administration’s decision to sell drilling rights in the Arctic National Wildlife Refuge, arguing the government gave short shrift to the impact on polar bears and the region’s other wildlife. Read more...
24 Aug Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150 Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution. Read more...
24 Aug Seven-Day Virus Disinfectant Cleared for American Air Jets The Trump administration on Aug. 24 gave American Airlines Group Inc. emergency approval to deploy a new weapon against COVID-19: a surface coating that kills coronaviruses for as many as seven days. Read more...
24 Aug US Gulf Coast Faces Threat From Pair of Tropical Storms Back-to-back tropical storms pose a combined threat to the U.S. Gulf Coast this week, where more than half of offshore oil production is already shut and residents from Texas to Florida are warily watching the skies. Read more...
24 Aug Peterbilt Opens Order Board for Model 220EV Peterbilt Motors Co. announced its Model 220EV — its first battery-electric medium-duty truck — is available for ordering, with deliveries expected to start by the end of 2020. Read more...