Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
A U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the…
Southwest Air orders more pilot training after safety lapses
Southwest Airlines Co. is requiring all of its pilots to undergo additional training at its Dallas base after a series of flight incidents this year…
Argentina sees energy investment reaching $15 billion next year, fueled by deregulation
Argentina's government expects investments in the country's energy sector to reach up to $15 billion in 2025 and $16.5 billion in 2026 thanks to its…
China, Norway to set up green transition talks every two years, state media says
China and Norway agreed to set up green transition talks every two years, Chinese state media said on Tuesday.
US airlines may soon face cash penalties for delayed flights
The Biden Administration is working on a proposed compensation scheme requiring major US airlines to pay passengers for disrupted flights, in addition to meals and…
Francine strengthens to hurricane as it barrels to Louisiana
Francine strengthened into a hurricane and is expected to make landfall in Louisiana Wednesday after causing some offshore oil platforms to be shuttered, but it…
Surge of imports to US continues as possible East Coast port strike looms
Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety…
Oil drops on demand outlook, Brent trades below $70, near 3-year low
Global oil benchmark Brent crude futures fell below $70 a barrel on Tuesday for the first time since December 2021, after OPEC+ revised down its…
Southwest Chairman Kelly to retire, under pressure from activist Elliott
Southwest Airlines on Tuesday announced changes to its board including the retirement of Chairman Gary Kelly, but reiterated its support for CEO Bob Jordan despite…
ASML needs licence to service some equipment in China, Dutch government says
The Dutch government on Tuesday clarified that ASML needs a licence to provide spare parts and software updates for computer chipmaking equipment it has previously…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
