WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease.
Category: News
EPA Sets Strict Emissions Standards for Heavy Trucks
WASHINGTON — The Environmental Protection Agency on March 29 set strict emissions standards for heavy-duty trucks, buses and other large vehicles.
Rizon EV Truck Deliveries Begin in California
Velocity EV announced March 27 that the first Rizon Classes 4-5 battery-electric cabover trucks are being delivered to customers throughout California.
Lawmakers Urge FTC to Take Action on Grocery Profits
A group of lawmakers wants the FTC to take action against large retailers such as Amazon and Walmart who increased profits during the COVID-19 pandemic and have kept prices high since.
Barges Bringing Cranes to Baltimore to Help Remove Wreckage
BALTIMORE — Massive barges carrying cranes streamed toward Baltimore on March 28 to begin the challenging work of removing metal and concrete in an attempt to open a key shipping route.
Kroger Closing Three E-Commerce Facilities in Texas, Florida
NEW YORK — Kroger is shuttering three of its e-commerce fulfillment facilities in Texas and Florida, the grocery chain confirmed this week.
Truck Makers Face Retrial in Europe in Price-Fixing Case
Daimler Truck Holding AG and Volvo AB will face a retrial in a 560 million euros ($603 million) case over a price fixing cartel, a German appeals court ruled.
EVs Pass the Tipping Point to Mass Adoption in 31 Countries
By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.
Tesla Rethinks the Assembly Line
Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.
US Buys 2.8 Million Barrels of Oil for Strategic Reserve
The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies.