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BILLINGS, Mont. — The sponsor of the Keystone XL crude oil pipeline said June 9 it is pulling the plug on the contentious project after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.

The Biden administration is expecting a new infrastructure proposal this week from a bipartisan group of lawmakers, but those legislators are moving forward without any of the tax hikes the president has demanded to pay for his plan.

U.S. lawmakers criticized Colonial Pipeline Co.’s cybersecurity practices as the company’s CEO faced his second day of questioning on Capitol Hill.

The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.

John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.

A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years.

President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.

Opposition to the Federal Communications Commission’s ruling on the 5.9 GHz transportation spectrum band remains active as a pair of stakeholders are formally pushing back on the agency’s move.

President Joe Biden ended talks with Republican Sen.Shelley Moore Capito on an infrastructure plan without a deal, after failing to reach agreement on the scope of spending or how to pay for it.

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.