Capitol Agenda: The Republican leadership on the House transportation committee will get an update on the implementation of the infrastructure Investment and Jobs Act on Dec. 13.
Category: News
Amazon Asks Federal Judge to Dismiss FTC’s Antitrust Lawsuit
Attorneys for Amazon on Dec. 8 asked a federal judge to dismiss the Federal Trade Commission’s antitrust lawsuit against the e-commerce giant.
FTC Opens Inquiry of Chevron-Hess Merger
The Federal Trade Commission is investigating Chevron’s acquisition of Hess oil company, the second inquiry the independent agency has opened recently of a major oil industry merger.
Holiday Crowds on Roads Expected to Be Bigger Than Last Year
More Americans are expected to fly or drive far from home over Christmas than they did last year, putting a cap on a busy year for travel.
Biden Touts $8.2 Billion in New Passenger Rail Projects
President Joe Biden announced $8.2 billion in new funding for infrastructure projects across the U.S. on Dec. 8, much of it involving rail travel.
Supply Chain Coalition Presses Background Check Reform
A broad-based supply chain coalition is urging Congress to quickly pass legislation that would eliminate duplicative background security checks for truck drivers and other workers.
DoorDash to Be Added to Nasdaq 100, Zoom to Be Removed
DoorDash will be joining the Nasdaq 100 Index while Zoom Video Communications will be removed as part of the annual makeover of the tech-heavy benchmark.
Occidental to Buy CrownRock for $10.8 Billion
Occidental Petroleum agreed to buyTexas shale driller CrownRock in a cash-and-stock deal valued at $10.8 billion as consolidation heats up in North America’s most-prolific oil basin.
Jacobs Names New Company QXO, Dealing in Building Materials
Brad Jacobs, the billionaire founder of trucker XPO Inc., plans to build his next company by acquiring businesses that distribute building materials in North America and Europe.
DHL Express Workers Strike at Cincinnati Air Cargo Hub
More than 1,100 unionized DHL Express workers walked off the job at Cincinnati/Northern Kentucky International Airport, a critical logistics hub for the package delivery company.