Maryland gaming industry delivers $1.589 billion to state programs in fiscal year 2025
Baltimore, MD – The Maryland Lottery, casinos, sportsbooks, and daily fantasy sports operators contributed a combined $1.589 billion to state programs and services during Fiscal Year 2025, according to new figures released…
Soaring egg prices force French food industry to change recipes
PARIS (Reuters) – A more than doubling in egg prices in France due to soaring feed and energy costs and a lack of supplies after the worst ever bird flu crisis has…
Top Oil Industry Groups Hammer Biden Admin’s Plan To Ban, Limit Fuel Exports
Top Oil Industry Groups Hammer Biden Admin’s Plan To Ban, Limit Fuel Exports Jack McEvoy on October 4, 2022 The American Petroleum Institute (API) and American Fuel and Petrochemical Manufacturers (AFPM),…
Drivers in Germany face higher insurance premiums – industry executive
MUNICH (Reuters) – German drivers should brace for higher auto insurance premiums next year, following three years of price declines, an industry executive told Reuters. Higher insurance prices are the latest headache…
SHEFFIELD: Biden Has Transformed America’s Oil Industry Into His Own Pinata
SHEFFIELD: Biden Has Transformed America’s Oil Industry Into His Own Pinata Carrie Sheffield on October 3, 2022 A Democrat operative famously said “a crisis is a terrible thing to waste,” and…
Biden administration monitoring Hurricane Ian’s insurance industry impact
ABOARD AIR FORCE ONE (Reuters) – The Biden administration is monitoring the impacts of Hurricane Ian on the insurance industry, a senior U.S. official told reporters. Federal Emergency Management Agency administrator Deanne…
EU industry chief says will review 200-billion-euro German package
By Foo Yun Chee BRUSSELS (Reuters) – Germany’s 200 billion euro ($196 billion) plan to protect companies and households from soaring energy prices will be scrutinised by the European Commission, EU industry…
Taiwan inducts new amphibious ship in push to bolster indigenous defence industry
By Ann Wang KAOHSIUNG, Taiwan (Reuters) – Taiwan’s navy took delivery on Friday of a new, domestically made amphibious warfare ship that can be used to land troops and bolster supply lines…
Hurricane Ian to worsen bleak outlook for U.S. orange juice industry
By Marcelo Teixeira NEW YORK (Reuters) – Hurricane Ian is likely to have worsened what was already expected to be the smallest U.S. orange crop in 55 years after it blasted through…
Lula campaign mulls new mining royalties in Brazil, spooking industry
By Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if elected, a campaign adviser told Reuters, likely…
Auto industry ad spend falls to $4.8 billion in first seven months of 2022 – data
(Reuters) – U.S. auto industry ad spend for the first seven months of this year fell 4% year-on-year as inventory shortages crimped sales even as vehicle demand stayed strong, according to data…
White House unveils $2 billion biotech spending plan ahead of industry summit
By Jarrett Renshaw (Reuters) – The White House released new details on Wednesday on how it plans to invest more than $2 billion in the U.S. biotechnology sector as it hosts a…
SHEFFIELD: A Big Whopper Is Coming To The Fast Food Industry In California
SHEFFIELD: A Big Whopper Is Coming To The Fast Food Industry In California Carrie Sheffield on September 10, 2022 Californians might soon run out of ways to drive people from their state.…
Vice President Harris pushes to broaden U.S. space industry workforce
(Reuters) – U.S. Vice President Kamala Harris on Friday announced a new coalition of companies involved in the space industry, aimed at increasing job opportunities in the sector, notably for people from…
With U.S. railroad shutdown threatening, industry counts the cost
LOS ANGELES (Reuters) – A railroad strike or lockout could cost the U.S. economy $2 billion per day in output, threaten supplies of food and fuel, and stoke already red-hot inflation, according…
‘Swimming In Cash’: Russia’s Oil Industry Is Booming Despite Sanctions
‘Swimming In Cash’: Russia’s Oil Industry Is Booming Despite Sanctions Jack McEvoy on August 29, 2022 Russia is raking in more money from its fuel exports than it did prior to the…
How industry is depending on carbon capture technology for climate goals
By Cassandra Garrison (Reuters) – Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara’s Dutch operation from 2025 in what they…
Chinese premier Li Keqiang praises new energy vehicle sector at industry event
SHANGHAI (Reuters) – Chinese premier Li Keqiang praised the country’s domestic new energy vehicle (NEV) industry on Saturday, stating that the sector “will continue to deepen international cooperation” in a letter shared…
Cannabis fintech Bespoke to expand BNPL base in cash-starved industry
By Ruhi Soni (Reuters) – Fintech firm Bespoke Financial is looking to expand its ‘buy now pay later’ service for cannabis businesses in California and Massachusetts later this year, its Chief Executive…
Dems’ Climate Bill Overrules Supreme Court, Expands EPA’s Control Over Energy Industry
Dems’ Climate Bill Overrules Supreme Court, Expands EPA’s Control Over Energy Industry Trevor Schakohl on August 24, 2022 The Inflation Reduction Act defines “air pollutants” including carbon dioxide as “greenhouse gases.” Some…
Brazil too important a food producer to depend on fertilizer imports, industry says
By Ana Mano SAO PAULO (Reuters) – Global fertilizer companies operating in Brazil can increase local output of important crop nutrients if the government continues to improve the regulatory framework for the…
Paris Baguette Continues To Dominate the Bakery Franchise Industry; Inks Nearly 72 New Deals Since Start of 2022
With 72 freshly signed deals and over 40% year-over-year growth, Paris Baguette is poised to meet, if not exceed, its goal of 56 units opened in 2022, expanding to Florida, Hawaii, Maryland…
S.Korea to review filing WTO complaint over U.S. Inflation Reduction Act -industry minister
SEOUL (Reuters) – South Korea will review whether to file a complaint at the World Trade Organization (WTO) over the U.S. Inflation Reduction Act, citing possibilities that the new law could violate…
Biden climate law could expand controversial biogas industry
By Leah Douglas WASHINGTON (Reuters) – U.S. President Joe Biden’s climate law could help to expand a burgeoning but controversial industry that seeks to capture gases from rotting food and farm waste…
California Dems Want Unelected State-Run Councils To Control The Fast Food Industry
California Dems Want Unelected State-Run Councils To Control The Fast Food Industry Jack McEvoy on August 19, 2022 Democratic legislators in California are looking to pass a bill which would create state-run…
Two New Hires at Kari-Out, Leader in Restaurant Packaging Takeout Industry, Bolster Sales, Manufacturing & Supply Chain
Tarrytown, NY (PRESS RELEASE) Kari-Out, a leading manufacturer, importer, and nationwide distributor of take-out paper, aluminum and plastic food containers, sauces and towelettes in the food service industry today announced the addition…
Breaking News
