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LOS ANGELES — President Joe Biden signed an executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations can be built quickly and at scale.

President-elect Donald Trump is likely to maintain new U.S. limits on global sales of AI chips by Nvidia Corp. and others, a top Biden administration official said.

The national average diesel price climbed 4.1 cents to $3.602, according to U.S. Energy Information Administration data released Jan. 13.

Mexico President Claudia Sheinbaum announced a plan to reduce the country’s imports from China in a bid to support local industry and align herself with the U.S. as a trade partner.

Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned.

WASHINGTON — The Supreme Court said it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions in damage linked to climate change.

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

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

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.