Setbacks in Offshore Wind Energy Projects in New Jersey and New York TRENTON, NJ, — The offshore wind energy sector in New Jersey and New York is experiencing significant challenges. …
Industry
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(Reuters) – President Volodymyr Zelenskiy said on Thursday that Ukraine was receiving signals that Russia’s military planning and activity were slowing. Zelenskiy, in his nightly video address, said this was …
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‘Big Trouble’: Here’s How Newsom’s California Is Killing The American Auto Industry Will Kessler on December 14, 2023 Stellantis plans to lay off thousands of workers in Detroit and Ohio …
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BERLIN (Reuters) – Europe’s electric vehicle (EV) sector risks falling behind without a robust EU industrial strategy, autos group ACEA said on Thursday citing new report findings, amid China’s dominance …
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Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry Robert Schmad on December 13, 2023 Washington’s Democratic governor released a supplemental budget Wednesday …
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BRUSSELS (Reuters) – Euro zone industrial production declined by more than expected in October, with the sharpest drop for capital goods such as machinery, reinforcing survey indications that the single-currency …
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(Reuters) – GlobalFoundries named semiconductor industry veteran John Hollister as its finance chief on Monday, replacing David Reeder, who is leaving after a three years at the contract chipmaker. Hollister, …
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NEW YORK, NY – The global wind power sector is set to experience less capacity growth than previously anticipated over the next decade, according to a recent report by consultancy …
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NEW YORK – Rite Aid, a prominent player in the pharmacy sector, recently announced the closure of several stores across New York. The move highlights the ongoing challenges within the …
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NEW JERSEY – Rite Aid, a well-known pharmacy chain, has announced the closure of several stores across New Jersey, affecting local communities and customers. The impacted locations include Tinton Falls, …
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BERLIN (Reuters) – German Chancellor Olaf Scholz will convene car executives with ministerial leaders, energy executives and unions on Monday to discuss how Germany can meet its target of 15 …
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By Dawn Chmielewski (Reuters) – Music industry veteran Jimmy Iovine was sued on Wednesday by an woman who claims she was sexually abused. In a complaint filed in New York …
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Biden Admin Throws Lifeline To Drowning Offshore Wind Industry Harold Hutchison on November 17, 2023 The Biden administration announced Friday it’s proposing extending a tax credit to boost offshore wind …
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(Reuters) -Ukraine and the United States will hold a military industry conference in Washington on Dec. 6 and 7, Ukrainian and U.S. officials said on Friday. Kyiv is ramping up …
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By Dawn Chmielewski, Danielle Broadway and Lisa Richwine LOS ANGELES (Reuters) – While Hollywood celebrates the end of strikes by writers and actors, the multibillion-dollar economic toll on everyone from …
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BRUSSELS (Reuters) – Euro zone industrial production declined broadly in line with expectations in September, wiping out a rise in August as output of consumer goods dropped sharply in the …
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By Chen Lin SINGAPORE (Reuters) – Asia-Pacific airlines face headwinds from rising fuel prices and high inflation, industry executives said on Friday, adding to a downbeat outlook for a segment …
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By Huw Jones LONDON (Reuters) – Europe has nowhere to hide from U.S. plans to mandate clearing of U.S. Treasuries transactions that will need to be carefully introduced over time, …
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The Green Energy Industry Just Had An Absolutely Brutal Week Nick Pope on November 5, 2023 The past week has been marked by worrying developments for the state of the …
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Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn Nick Pope on November 1, 2023 A proposed update to the Environmental Protection Agency’s (EPA) air …
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By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits …
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NEW JERSEY, NJ – Danish company Ørsted announced today its decision to halt the development of two offshore wind turbine projects, Ocean Wind 1 and 2, located off New Jersey’s …
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WASHINGTON, D.C. – A bailout package for the beleaguered offshore wind industry may be on the horizon, according to energy industry and policy experts. Despite the Biden administration’s subsidies, high …
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By Krystal Hu NEW YORK (Reuters) -The founder of the world’s biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will …
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WASHINGTON – U.S. Customs and Border Protection released fiscal year 2023 textile enforcement statistics today. The data reflects robust enforcement efforts that protect American workers and legitimate importers by taking …