[Source: CNBC NEWS] America’s electrical grid is being pushed to the breaking point, and California, parts of the Midwest and parts of the South-Central United States are at “high risk” for energy shortfalls, says the not-for-profit organization charged with managing and evaluating the grid. “High risk” regions, marked in red on the map, may see Read More…
Category: U.S. News
The smallest US businesses are laying off the most workers
[Source: The Business Times] Layoffs and discharges are starting to pile up at America’s smallest firms. Some 305,000 workers lost their jobs in October at businesses with less than 10 employees, according to data released Wednesday by the Bureau of Labour Statistics (BLS). That’s up by 137,000 from the previous month. It was the biggest Read More…
Rivian loses $1.7 billion in Q3
[Source: Green.Org] In September 2021, Rivian announced that they would be bringing their fully electric pickup truck to consumers. But now, as we see more companies roll out their electric trucks, Rivian is facing stiff competition. With 2023 approaching, there is the Tesla Cybertruck, the Hummer EV, Chevy Silverado EV, and Ford Bronco hybrid, and Read More…
Class 8 orders stay strong, but the party may end soon
[Source: FreightWaves] Class 8 truck orders remained strong in October at 42,500 units following September’s record 53,700 bookings. But slowing profits at truckload carriers may soon throw orders into reverse. Rising fuel prices and slower earnings at truckload companies may depress orders. “We view the strength as transitory and reflective of pent-up demand pouring in Read More…
Here’s why convenience stores aren’t rushing to replace gas pumps with EV chargers
[Source: CNN Business] Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. Drivers could grab a drink or snack while waiting for their vehicle to charge. But despite available federal funding to build EV chargers, many stores aren’t biting. The reason? High electric utility fees on charging stations make them Read More…
Scientists unveil method to destroy certain ‘forever chemicals’
[Source: The Hill] Scientists at Northwestern University say they have devised a method for breaking apart some of the infamously unbreakable toxins known as “forever chemicals.” These chemicals, called per- and polyfluoroalkyl substances (PFAS), earned the “forever” qualifier due to their propensity to linger in the human body and the environment. There are thousands of Read More…
The major problem plaguing electric vehicle owners
[Source: Tell Me Best, LLC] It’s coming. Well, we’ve been warned it’s coming. As part of President Biden’s “Build Back Better” agenda by 2030, 50% of the cars being sold will be fully electric vehicles with the ultimate plan to be fully carbon-neutral by 2050. If you ask electric vehicle owners of today, we have Read More…
Here’s what’s in the bipartisan infrastructure package
[Source: CNN] President Joe Biden signed a $1.2 trillion infrastructure bill into law Monday, finalizing a key part of his economic agenda. It will deliver $550 billion of new federal investments in America’s infrastructure over five years, touching everything from bridges and roads to the nation’s broadband, water and energy systems. Experts say the money Read More…
EPA closer to unveiling plan for tackling ‘forever chemicals’
[Source: The Hill] The Environmental Protection Agency (EPA) will soon unveil a plan to address what it sees as “inadequate” regulations on a class of toxic chemicals that disproportionately affects vulnerable groups, according to documents obtained by The Hill. The agency’s forthcoming effort to crack down on the chemicals called PFAS, which have been linked Read More…