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Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found

“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.

May 10, 2022

Senators Blast US Trade Chief on Failure to Consult Congress

A bipartisan group of the top senators on the committee that deals with trade blasted President Joe Biden’s chief negotiator for failure to adequately consult with lawmakers regarding the administration’s positions.

May 10, 2022

Legislators Optimistic About Ohio Bill to Provide Resources for CDL Training

Two Ohio legislators are optimistic their bill will pass in the General Assembly that would pay 50% of employer expenses to train truck drivers under a four-year tax credit capped at $25,000 per company.

May 10, 2022

Gas Prices Hit Record With Driving Season Looming

Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.

May 10, 2022

Senate Panel Advances Water Infrastructure Bill

Legislation designed to enhance funding for the country’s commercial waterways was easily approved by the Senate Environment and Public Works Committee this month.

May 9, 2022

Industry Leaders Raise Concern About Proposed EPA NOx Rule

The Environmental Protection Agency is proposing its first new rules governing heavy-truck nitrogen oxide emissions in two decades, but engine manufacturers say the proposals would be difficult to meet and counterproductive because they could slow the move to cleaner technology.

May 9, 2022

FHWA to Extend Inspection Requirements for Bridges

The Federal Highway Administration has issued a final rule that will extend inspection requirements for some of the nation’s bridges from 24 months to 48 months, and in some cases, 72 months.

May 6, 2022

Shell Will Sell Russia Fuel Stations as Part of Exit Plan

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

May 6, 2022

US Added 428,000 Jobs in April Despite Surging Inflation

WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

May 6, 2022

New England Copes With Soaring Diesel Prices

Experts worry that a continuing rise in diesel costs will affect prices at your local grocery store, on top of the inflation that has already caused prices to soar. And currently that pain is particularly acute in New England, where diesel prices have vaulted past the $6-a-gallon mark.

May 5, 2022