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Cleveland-Cliffs, Nucor Mull US Steel Bid, CNBC Says

Cleveland-Cliffs Inc. is partnering with rival Nucor Corp. in a potential bid for United States Steel Corp., CNBC reported Jan. 13.

January 13, 2025

Biden Administration Proposes New Rules on Exporting AI Chips

WASHINGTON — The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence.

January 13, 2025

Northvolt Sells Its Stake in Recycling JV to Norsk Hydro

Bankrupt battery maker Northvolt AB agreed to sell its remaining shares in a recycling venture to Norsk Hydro ASA as it continues to slim down operations amid a Chapter 11 process in the U.S.

January 13, 2025

Oshkosh Ready for Possible USPS Shift to Gas Trucks From EVs

Oshkosh is prepared to provide the Postal Service more gas-powered mail trucks if the agency cuts back orders for EVs, which benefit from funding President-elect Donald Trump has criticized.

January 13, 2025

Aurora Fights FMCSA Ruling on Hazard Warnings

Aurora Innovation, a maker of self-driving tech for trucks, is fighting FMCSA's decision to deny the company an alternative means to comply with safety rules that typically require a human being.

January 13, 2025

Stellantis Pauses Key Decisions, Awaits Trump Policies

The automaker hasn’t decided where to build certain new vehicles such as the replacement for the Jeep Cherokee midsize SUV, which ceased production in the key segment in 2023.

January 10, 2025

DTNA Halts New Diesel Truck Sales in Oregon

One truck manufacturer has stopped taking orders for new diesel-powered trucks and buses in Oregon and two more are limiting sales there as a result of the state’s implementation of certain laws.

January 10, 2025

US Blocks Tax Credit for Foreign Biofuel Supplies

The move, a win for American farmers, comes after a flood of supplies from China reached U.S. shores at cheaper prices than soybean oil produced locally.

January 10, 2025

Biden Expands Russia Sanctions in Final Days in Office

The outgoing Democratic administration billed the new sanctions as the most significant to date against Moscow’s oil and liquefied natural gas sectors, the driver of Russia’s economy.

January 10, 2025

Canada Plots Tariff Retaliation if Trump Starts Trade War

Canada is drawing up plans for extensive tariffs against U.S. products if President-elect Donald Trump follows through on his threat to put 25% levies on Canadian goods.

January 10, 2025