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Focus Shifts to Removing Debris From Dali’s Deck
BALTIMORE — Salvage crews at the site of a collapsed bridge are turning their focus to the tons of debris sitting atop the Dali, a massive cargo ship that caused a deadly catastrophe in March.... Read more
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Rivian Cuts 1% of Workforce in Second Round of Layoffs
Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.... Read more
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Transportation Index Falls, Signaling Risks for Stock Market
Transportation companies that serve as a bellwether for the American economy sent up a smoke signal this week.... Read more
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EPA Allows Summer Sales of Higher-Ethanol E15 Gasoline
The Biden administration is using emergency powers to authorize widespread sales of higher-ethanol E15 gasoline this summer, following a strategy it employed the previous two years.... Read more
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Tesla Co-Founder J.B. Straubel Built an EV Battery Colossus
Redwood Materials, started by Tesla co-founder J.B. Straubel, is attempting to create a domestic loop using recycled critical metals for lithium-ion batteries.... Read more
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Waning EV Market Drags Down Chipmakers’ Shares
A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. ... Read more
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Geely to Sell $1.32 Billion of Volvo Truck Shares
Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.... Read more
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Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals
Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.... Read more
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Technology software should ease, not squeeze
If the software is too complex to deliver value easily, is it truly valuable?... Read more
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Former Philadelphia CDL school owner gets prison time for bribery
The school owner pleaded guilty to bribing a CDL examiner for passing tests for students who did not pass, or even take, the tests...... Read more
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Weather Sensors Will Aid Autonomous Trucks in Fort Worth
The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.... Read more
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Maryland Leaders Push for Federal Aid
The governor of Maryland in pointed remarks challenged federal lawmakers to see for themselves the devastation wrought by the collapse of the Francis Scott Key Bridge.... Read more
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Capitol Hill Republicans Press Acting Labor Secretary Su
During a U.S. House subcommittee hearing with acting Labor Secretary Julie Su on April 17, a Republican lawmaker on the panel raised concerns about a federal employee classification rule.... Read more
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A Weakening Diesel Market Is Becoming a Problem for Oil
The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.... Read more
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March Trailer Orders Continue Year-Over-Year Declines
U.S. trailer orders for March declined on both an annual and monthly basis, ACT Research reported.... Read more