LNG Exporter Venture Global Files for IPO
Venture Global Inc., one of the biggest suppliers of liquefied natural gas in the U.S., filed for what could be one of the largest initial public offerings of 2025.
NHTSA Issues Final Rule Authorizing Whistleblowers
Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.
Chris Purcell Wins Grand Champion Title at Rush Skills Rodeo
SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.
VW Deal for 120,000 Workers Avoids Layoffs, Plant Closures
FRANKFURT, Germany — Volkswagen and its employee representatives said they reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.
FMCSA Panel Calls for Solutions to Truck Parking Crisis
A Federal Motor Carrier Safety Administration advisory committee met for five hours Dec. 17 to recommend best practices to increase safe parking for truck drivers seeking rest.
Hyzon to Begin Layoffs in February Without More Funds, Buyer
Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.
Inflation Slows, Boosting Hopes for Deeper Rate Cuts in 2025
The so-called core personal consumption expenditures price index, which excludes food and energy items, increased 0.1% from October and 2.8% from a year earlier.
Consumer Sentiment Up for Fifth Straight Month in December
The final December sentiment index increased to 74 from 71.8 last month, according to the University of Michigan. The median estimate in a Bloomberg survey called for a reading of 74.2.
House Scrambling as Government Shutdown Approaches
Among the options being discussed is a short-term spending bill that gets Congress through the holidays. It’s still uncertain whether Johnson can secure the necessary votes.
China Races to Ship Batteries to US Before Tax Changes
Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.