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Five More Plead Guilty to Staged Accidents in New Orleans

A total of five individuals have pleaded guilty to staging two accidents in the New Orleans area with tractor-trailers in 2017, and obtaining fraudulent financial settlements totaling more than $282,000.

June 2, 2021

American Travel Spree Proves Market Right to Be Bullish on Oil

From bustling U.S. airports to surging demand for gasoline, all signs from this past Memorial Day weekend reaffirm the oil market’s bet that Americans will be out traveling in force this summer.

June 2, 2021

JBS Poised to Reopen Most Meat Plants Hobbled by Cyberattack

JBS SA, the world’s largest meat producer, has made “significant progress” to resolve the cyberattack that hit its global operations and will have the “vast majority” of its plants operational June 2.

June 2, 2021

Diesel Price Nearly Flat; Increase Is Only Two-Tenths of a Cent

The national average price of diesel barely moved this past week, inching up two-tenths of a cent, according to Energy Information Administration data released May 31.

June 1, 2021

Oil Tops $70 a Barrel for First Time Since 2019

Oil resumed its advance, reaching the highest settlement in more than two years with the OPEC+ alliance forecasting a tightening global crude market and a nuclear deal with Iran still up in the air.

June 1, 2021

Former Rep. Loretta Sanchez Joins UTI Board

Universal Technical Institute announced the appointment of former U.S. Rep. Loretta Sanchez (D-Calif.) to serve on its board of directors.

June 1, 2021

Cargill Backs Cow Masks to Trap Methane Burps

Agriculture giant Cargill Inc. will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.

June 1, 2021

Pallet Makers Hit by Supply Shortages as Demand Rises

In our worldwide economy, the humble pine pallet is the way that goods move around the globe. Demand for pallets is so great that American manufacturers churn out nearly 1 billion of them every year. And right now, it’s not enough.

June 1, 2021

Biden, Capito to Meet as Infrastructure Deadline Looms

WASHINGTON — President Joe Biden is set to meet June 2 with West Virginia Sen. Shelley Moore Capito, the top Republican negotiator on infrastructure as the administration signals time is running out to strike a bipartisan deal on the White House’s big investment proposal and top legislative priority.

June 1, 2021

First-Class Stamp Will Cost 58¢ in USPS Rate Increase Plan

The U.S. Postal Service plans to boost the price of a first class stamp to 58 cents from 55 cents as it works to stabilize finances amid slumping mail volume and lagging delivery.

May 28, 2021