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GovernmentBusinessFuel

Oil Surplus Looms if OPEC+ Hikes Supplies, IEA Data Shows

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.

August 13, 2024
BusinessPrivate

°®¶¹´«Ã½ Depot Trims Outlook for 2024

°®¶¹´«Ã½ Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.

August 13, 2024
GovernmentBusiness

US Wholesale Inflation Cooled in July

WASHINGTON — Wholesale price increases eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates.

August 13, 2024
GovernmentFuel

Diesel Price Declines 5.1¢ to $3.704 a Gallon

The national average diesel price dropped 5.1 cents to $3.704 per gallon, according to Energy Information Administration data released Aug. 12.  

August 12, 2024
GovernmentBusinessFuel

Marathon Investor Sues to Block ConocoPhillips Acquisition

A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues†the target company.

August 12, 2024
BusinessLogistics

What Is On-Time In-Full?

Learn what OTIF means, why it matters in logistics, and how it reflects delivery performance in this quick, insightful video.

August 12, 2024
GovernmentBusinessTechnologyLogistics

Port Isabel Secures $1.6M Grant for Major Expansion Projects

Commerce Secretary Gina Raimondo recently announced the award as part of $6.9 million in economic development grants to Texas for workforce training and port improvements.

August 12, 2024
Crossword

Crossword Puzzle Solution for August 12, 2024

Here's the solution to the crossword puzzle found in the August 12, 2024 print edition.

August 12, 2024
GovernmentBusinessTechnologyEquipment

Two-Year-Old CHIPS Act Spurs Regional Growth, Lawmakers Say

In the two years since President Biden signed the measure into law, the Commerce Department indicated it has announced more than $30 billion in private sector investments across 15 states.

August 12, 2024
GovernmentBusinessSafetyTCA

Post-9/11 Studies Considered ‘Pier Protection’ at Key Bridge

BALTIMORE — Engineering studies commissioned by the state of Maryland in the early 2000s considered the possibility of a “ship impact†at the Francis Scott Key Bridge.

August 12, 2024