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Industries: Page 31
Michigan, Canada Plan Opening of Bridge Trump Threatened to Block
The bridge, named after the late Canadian hockey player who starred for the Detroit Red Wings, was built to reduce shipping congestion in a region that lives on trade.
U.S. Exports Rose in April, Swelled by Energy Demand
Commerce Department data showed exports rose in April, shrinking the monthly trade deficit.
Deadly Screwworm Pest Spreads in U.S. With Three New Cases
The outbreak adds more worries for a U.S. beef industry already struggling with supply tightness as the domestic herd has dwindled to a 75-year low.
Giant Oil Supertanker Orders Eclipse Record Set in 2008
The tankers boom, and the potential for it to seed the next downturn, was a constant talking point at the industry’s biennial Posidonia gathering in Athens, June 1-5.
Airlines Unlikely to Meet 2050 Net Zero Goal, Says IATA Chief
More than half of the planned decarbonization of aviation was dependent on the development of sustainable aviation fuels, which has reached only 0.8% of airline fuel needs this year.
Amazon Expands Super-Fast Deliveries in U.K.
The same-day grocery service will be an additional free option for those signed up to the Amazon Prime subscription service.
Walmart Caps Usage of an AI Tool for Employees After High Demand
As companies incorporate AI into workflows, they’re finding this comes with costs, especially if employees use it heavily or for tasks involving large amounts of data.
Does a Slowdown of U.S. New Factory Construction Dampen Hopes of Reshoring?
The momentum toward reshoring has been “clearly fading, with leading indicators pointing to a sharp slowdown in new product activity."
Canada Sees Shrinking EV Manufacturing Prospects, Despite Subsidies
Recent industry pullbacks have prompted questions from analysts and policy-makers about whether the value of Canada’s multi-billion-dollar government subsidies for the EV industry will be realized.
Airbus Delays XLR Deliveries to IndiGo as War Hits Suppliers
The XLR delays would represent another hurdle for IndiGo’s ambitious international expansion, which is under pressure from soaring jet-fuel costs and airspace restrictions.
Trump Announces $700M Investment in U.S. Coal Industry
The move is part of an effort to insulate Americans from rising energy costs, including gas at more than $4 per gallon, because of the war with Iran.
Kuwait Bears Brunt of Iranian Response to U.S. Ship Attacks
Residents in Kuwait said they are increasingly concerned there will be more attacks.
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