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Biden, unions and railroad leaders fight for deal as shutdown looms

Biden, unions and railroad leaders fight for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads including Union Pacific (UNP.N), Berkshire …

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Biden hops in Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops in Corvette, declares Detroit ‘back’ at EV-focused auto show

Join now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden won a victory lap at the Detroit auto show on Wednesday by highlighting automakers’ push into electric vehicles, including billions of dollars in investment in battery factories, thanks to new government support. The self-proclaimed “car guy” Biden rode …

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Germany and the EU in the race to solve the energy crisis

Germany and the EU in the race to solve the energy crisis

Join now for FREE unlimited access to Reuters.com Register Germany plans to expand loans to energy companies EU securities watchdog mulls EU-wide measures The Commission will announce broader plans on Wednesday BERLIN/FRANKFURT, Sept 13 (Reuters) – Germany will step up lending to energy firms threatened with being crushed by soaring gas prices, it said on …

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EU mulls tax on fossil fuel companies to help consumers survive energy crisis

EU mulls tax on fossil fuel companies to help consumers survive energy crisis

Join now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 12 (Reuters) – Fossil fuel companies may have to share excess profits to help European households and industries cope with searing energy bills, a draft European Union plan said on Monday as the cost of the West’s “energy war”. with Russia has taken an …

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