Biden, GOP Leaders Say Infrastructure Deal Possible
Republican congressional leaders said it may be possible to reach agreement with Joe Biden on an infrastructure plan after meeting May 12 with the president at the White House.
May 12, 2021Senators Working on Infrastructure Alternative
Utah Republican Mitt Romney said April 14 a group of senators is in the “early stages” of discussing a potential counterproposal to President Joe Biden’s $2.25 trillion infrastructure and spending plan that would be more narrowly focused and less expensive.
April 14, 2021Maersk Is Said to Weigh Sale of $1 Billion Cold Container Unit
A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the COVID-19 pandemic, according to people familiar with the matter.
March 10, 2021GM-Backed Cruise in Talks to Buy Startup Voyage
Cruise, the self-driving vehicle company majority owned by General Motors Co., is in talks to acquire Voyage, an autonomous technology startup that operates in retirement communities, according to people familiar with the matter.
March 3, 2021Tesla Stock Wipes Out Gains for the Year
Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.
February 23, 2021Yellen Favors Higher Company Tax
Treasury Secretary Janet Yellen said President Joe Biden favors boosting taxes on companies, and signaled openness to considering raising rates on capital gains, while steering clear of a wealth levy.
February 22, 2021Electric Aircraft Demand Seen Growing for Deliveries
Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.
February 16, 2021North Carolina Environmental Chief Michael Regan Tapped to Lead EPA
President-elect Joe Biden is nominating Michael Regan to lead the EPA, putting a North Carolina environmental regulator in line to chart national policy on combating climate change and pollution, according to people familiar with the matter.
December 17, 2020First Hiccups Seen in US Push to Deliver COVID-19 Vaccine
The first hiccups in the distribution of a COVID-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would deliver almost a million fewer doses next week than are set to ship this week.
December 16, 2020Getting US to Zero Carbon May Cost $2.5 Trillion by 2030
It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.
December 15, 2020