Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.
Category: News
JBS Profit Surges to Two-Year High on Booming Chicken Demand
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.
JBS Profit Surges to Two-Year High on Booming Chicken Demand
JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.
New York Gov. Hochul Moving Fast on Congestion Pricing
NEW YORK — Gov. Kathleen Hochul is negotiating a modified version of congestion pricing with the feds that would start the Manhattan toll at $9 per day before ramping it back up to the $15 plan.
Trump’s EPA Pick Draws Praise, Pushback Over Climate Policy
During his nearly 10-year tenure on Capitol Hill, Lee Zeldin pushed back on the progressive policy proposal known as the Green New Deal.
Westport Q3 Loss Narrows as Cespira JV Ramps Up
Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.
Transportation Nominees on Senate’s Radar
With members of Congress back in Washington after the elections, their lame-duck session in the Senate includes consideration of high-profile nominees.
Inflation Rises Slightly in October to 2.6%
WASHINGTON — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off.
Dockworkers Call Off Talks Again, With Automation at Issue
The U.S. dockworkers union that halted cargo at every major port on the country’s eastern and southern coasts last month has called off talks with their employers over automation.
TFI Buys Manitoba-Based TL, LTL Carrier Keystone Western
TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.