Biden’s Energy Department Suppressed LNG Study, GOP Says
The analysis is likely to intensify criticisms that former President Joe Biden’s pause was politically motivated and could cast doubts on the results of a second assessment.
Stellantis’ Elkann: Auto Industry Doesn’t Need Defense Ties
Stellantis Chairman John Elkann says Europe’s auto manufacturers don’t need the defense industry to survive, after some governments called on carmakers to contribute to a defense push.
Fed Stays the Course on Rates as Inflation Risks Grow
The Federal Open Market Committee voted to keep the benchmark federal funds rate in a range of 4.25%-4.5%, and said it would further slow the pace at which it is reducing its balance sheet.
Florida Port Gains $2M State Grant to Boost Truck Traffic
“As Florida continues to attract more domestic and international business, it is critical that we bolster Florida’s ports for greater operations,” Gov. Ron DeSantis said.
Brookfield Leads Race to Acquire Colonial Pipeline
The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.
Oil CEOs Meet With Trump as US Unwinds Environmental Rules
The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on March 19.
Trump Approves LNG Exports From Venture Global’s CP2 Project
The administration has granted Venture Global LNG conditional approval to export natural gas from a planned facility in Louisiana that had stalled under the last administration.
February Medium-Duty Sales Decline 16.8% Year Over Year
U.S. retail sales of medium-duty trucks continued to trend below year-ago comparisons in February after a short-lived uptick the prior month, according to data from Wards Intelligence.
Tariff Threats Spur TSMC’s Taiwan Peers to Seek US Expansion
Taiwan companies including Foxconn have sprung to the vanguard of shifting manufacturing to the U.S.
Volkswagen Raises $393M in Sale of Traton Truck Unit Stake
Volkswagen AG raised about $393 million through the sale of a 2.2% stake in Traton SE.