Attorneys general from 16 states have joined a request that an appeals court review a decision by U.S. Environmental Protection Agency officials to not enforce an Obama-era regulation limiting the production of glider kit trucks to 300 units per manufacturer.
July 24, 2018Search
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Big Oil Is Raking in Cash, So Investors Are Asking: Now What?
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
July 24, 2018Shuster Unveils Draft Infrastructure Plan
Proposing to raise taxes on fuel, ensuring the long-term solvency of the Highway Trust Fund, establishing a volunteer vehicle miles traveled program, and imposing a tax on bicycle tires are key provisions included in a draft infrastructure plan the top transportation leader in the U.S. House unveiled July 23.
July 24, 2018Uber’s Self-Driving Fleet Returns to Pittsburgh Roads — With Drivers in Control
Uber’s self-driving cars returned July 24 to Pittsburgh’s streets four months after one of its autonomous SUVs hit and killed a woman crossing a street in Tempe, Ariz.
July 24, 2018Putin, Xi at BRICS Summit Expected to Take Aim at US Tariffs
Russian President Vladimir Putin, Chinese President Xi Jinping and other leaders of the BRICS emerging economies are gathering in South Africa for a summit likely to feature criticism of U.S. President Donald Trump’s wave of tariffs on foreign goods.
July 24, 2018UNLV, German Research Company Work on Autonomous Delivery Truck
University of Nevada-Las Vegas is joining German research company Fraunhofer IVI to develop an autonomous delivery truck, the university announced.
July 24, 2018Automakers’ Savings on Tax Cuts Could Be Wiped Out by Tariffs
Corporate America warned President Donald Trump that his trade war could end up erasing some of the savings reaped from the sharp cut in the corporate tax rate. The steel and aluminum tariffs could eat up anywhere from about a third to well more than half of the tax benefits in 2018, a Bloomberg analysis shows.
July 24, 2018Mexico Is Said to Push for NAFTA Agreement by End of August
Mexico is redoubling its efforts to reach a NAFTA agreement with the U.S. and Canada by the end of August to increase certainty for investors and take the heat off incoming President Andres Manuel Lopez Obrador, according to three people familiar with the negotiations.
July 23, 2018Trump to Seek Repeal of California’s Smog-Fighting Power
The Trump administration will seek to revoke California’s authority to regulate automobile greenhouse gas emissions — including its mandate for electric car sales — in a proposed revision of Obama-era standards, according to three people familiar with the plan.
July 23, 2018Diesel Falls 1.9¢ to $3.220 as Mideast Jitters, Strong Dollar Seesaw Price of Oil
The U.S. average retail price of diesel fell 1.9 cents to $3.220 a gallon while crude prices slipped, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.
July 23, 2018