U.S. House approves $1.5 trillion infrastructure bill but outlook uncertain

WASHINGTON – The U.S. House of Representatives approved a massive $1.5 trillion infrastructure package on Wednesday by a 233 to 188 vote to boost spending on roads, bridges, public transit and rail but the White House and Senate Republicans both said they oppose the measure. Representative Peter DeFazio, the Democrat who chairs the Transportation and Infrastructure Committee, said the measure “deals with the incredibly deteriorated infrastructure in this country” and addresses the threat of climate…

"U.S. House approves $1.5 trillion infrastructure bill but outlook uncertain"

White House opposes $1.5 trillion House infrastructure measure

WASHINGTON – The White House said Monday it opposes a $1.5 trillion proposal from congressional Democrats to boost U.S. infrastructure over the next decade, criticizing how it would pay for new spending. The Democratic-controlled House of Representatives is set to begin on Tuesday debating the measure, which includes a massive boost in spending on roads, bridges, public transit, rail, ports and airports as well as water systems, schools and broadband internet. A final vote is…

"White House opposes $1.5 trillion House infrastructure measure"

Amazon agrees to buy self-driving startup Zoox for over $1 billion: The Information

– Amazon.com Inc has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology. The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announced, likely to be on Friday. A majority of Zoox investors are getting their money back, with some…

"Amazon agrees to buy self-driving startup Zoox for over $1 billion: The Information"

House panel debating $494 billion infrastructure measure

– A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon pollution. The $494 billion five-year surface transportation bill wouldprovide $319 billion to fix 47,000 structurally deficientbridges and make other repairs, $105 billion for mass transit, build electric vehicle charging stations and invest nearly $30 billion in passenger railroad Amtrak and rail infrastructure. With a presidential election…

"House panel debating $494 billion infrastructure measure"

Amtrak reducing service, offering buyout packages to employees

– U.S. passenger railroad service Amtrak, which has been reeling from the effects of the coronavirus pandemic, will run many of its long-distance routes less frequently and cut the frequency of trains in its busy Northeast Corridor, the rail operator said on Tuesday. Amtrak also said it is looking to pare its workforce via a voluntary offer to employees, and expects the workforce could be reduced by up to 20%. “Due to the long-term impact…

"Amtrak reducing service, offering buyout packages to employees"

Brazil’s Petrobras says it will not hire oil tankers that visited Venezuela

RIO DE JANEIRO – Brazil’s Petroleo Brasileiro SA has told shippers it will not hire any tankers that have visited Venezuela in the past 12 months, the state-controlled oil company said on Friday, signaling adherence to U.S. sanctions on the Latin American nation. The United States this year blacklisted oil tankers and shipping companies over their dealings with Venezuela, seeking to drain oil revenues that sustain the rule of Venezuelan President Nicolas Maduro. Washington has…

"Brazil’s Petrobras says it will not hire oil tankers that visited Venezuela"

Germany earmarks 500 million euros for electric car charging: sources

BERLIN – The German economy ministry wants to earmark 500 million euros ($566.95 million) from Berlin’s bumper stimulus package to support private investors building charging stations for electric cars, two government sources told on Tuesday. The ministry also suggested spending an extra 1.5 billion euros on supporting domestic battery cell production, which would more than double existing funds for that purpose, the sources said. The remaining 500 million euros of the overall 2.5 billion euros…

"Germany earmarks 500 million euros for electric car charging: sources"

Libya’s Sharara oilfield shut down days after restarting, engineer says

CAIRO – An armed group has shut down Libya’s giant Sharara oilfield days after it restarted following a long blockade, the National Oil Corporation (NOC) and a field engineer said on Tuesday. The armed group, led by Mohamed Khalifa, had instructed employees to shut the field, the NOC said. Khalifa heads one of the forces affiliated with Khalifa Haftar’s Libyan National Army (LNA) that blockaded most of Libya’s oil in January. His forces have retreating…

"Libya’s Sharara oilfield shut down days after restarting, engineer says"

Carmakers need to make deeper CO2 cuts to meet climate goals, EU says

BRUSSELS – Carbon dioxide emissions from new cars in Europe increased for a second consecutive year in 2018, according to data published by the European Union’s environment agency on Wednesday, putting carmakers on a collision course with the bloc’s climate goals. The EU’s executive Commission urged carmakers to do more to cut their fleets’ carbon footprint to meet tougher emissions targets coming into force this year, even as they grapple with a sales slump and…

"Carmakers need to make deeper CO2 cuts to meet climate goals, EU says"

UK’s quarantine of travellers vital to avoid second coronavirus wave, ministers say

– Britain’s quarantine for travellers arriving from abroad, which will be introduced from June 8, is crucial to avoiding a second wave of the coronavirus outbreak in the country, Interior Minister Priti Patel and Transport Minister Grant Shapps said. “From Monday, people arriving to the UK will need to self-isolate for 14 days”, the ministers wrote in the Telegraph newspaper late on Tuesday. All international arrivals, including returning Britons, will have to self-isolate for 14…

"UK’s quarantine of travellers vital to avoid second coronavirus wave, ministers say"