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…
Biden Admin’s New Biofuel Rule Gets Blasted By Industry
Biden Admin’s New Biofuel Rule Gets Blasted By Industry John Hugh DeMastri on June 21, 2023 The Biden administration finalized a rule Wednesday increasing the amount of biofuel that U.S. oil refiners…
Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
MILAN (Reuters) – Carmaker Stellantis and iPhone assembler Foxconn have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026. The joint venture, called SiliconAuto, will…
Canada investing C$350 million to boost drive for sustainable aerospace industry
OTTAWA (Reuters) – Canada is investing C$350 million ($265 million) to help fund efforts to make the aerospace industry more environmentally sustainable, Innovation Minister Francois-Philippe Champagne said on Monday. The focus will…
Chile’s Codelco must kick-start lithium industry while reviving copper output
By Fabian Cambero SANTIAGO (Reuters) – Chilean President Gabriel Boric, seeking to expand the country’s long-stalled lithium industry, has tasked state-owned Codelco, the world’s largest copper producer, to lead the charge of…
China industry minister, Siemens CEO discuss digital manufacturing, development
BEIJING (Reuters) – China’s industry minister met Siemens’ chief executive on Wednesday and discussed intelligent manufacturing, digital economy development and the digital transformation of small and medium-sized enterprises, the ministry said. The…
US minority-owned banks withstand industry turmoil, executives say
By Nupur Anand NEW YORK (Reuters) – Minority-owned banks in the U.S. have stayed resilient during this year’s industry turmoil thanks in part to government and industry support, despite concerns that they…
Bucco Bill to Bolster Employment Opportunities in the Healthcare Industry Advances
Sen. Anthony M. Bucco's bill that would bolster employment in New Jersey's healthcare industry was approved by the Senate Labor Committee.…
The Advertising Industry Is Proving They Can’t Stand Free Speech
The Advertising Industry Is Proving They Can’t Stand Free Speech Jason Cohen on June 5, 2023 Advertisers have been staying away from Twitter ever since Tesla CEO Elon Musk acquired the social…
Biden To Appoint Acting FAA Chief With No Airline Industry Experience: REPORT
Biden To Appoint Acting FAA Chief With No Airline Industry Experience: REPORT Mary Lou Masters on June 5, 2023 President Joe Biden’s expected new interim administrator for the Federal Aviation Administration (FAA)…
Canadian regulator pushes for more competitive cannabis industry
(Reuters) – Canada’s Competition Bureau on Friday made several recommendations for a more competitive legal cannabis industry in the country and to safeguard it from illicit market activity. The recommendations include review…
Renault CEO says Euro 7 regulation distracting industry from electrification
MILAN (Reuters) – Renault’s chief executive said on Friday the European Union’s proposed Euro 7 emissions rules for vehicles would distract the auto industry from its path to electrification and thanked the…
Euro 7 emissions standard to cost many times EC forecasts -industry group
By Nick Carey LONDON (Reuters) – Proposed Euro 7 emissions regulations will lead to direct costs for auto manufacturers that are up to 10 times higher than the European Commission’s forecasts, Europe’s…
Green Activists Pressure Renewables Industry To Reject Permitting Reform That Boosts ‘Dangerous’ Fossil Fuels
Green Activists Pressure Renewables Industry To Reject Permitting Reform That Boosts ‘Dangerous’ Fossil Fuels John Hugh DeMastri on May 19, 2023 Dozens of climate activist groups are pressuring the renewable energy industry…
Biden Vetoes Bill Cracking Down On Tariff Loophole That Benefited Chinese Solar Industry
Biden Vetoes Bill Cracking Down On Tariff Loophole That Benefited Chinese Solar Industry Mary Lou Masters on May 16, 2023 President Joe Biden vetoed a bipartisan bill that would crack down on…
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed last month, saying Europe must manufacture its own cutting-edge computer chips and…
Analysis-Tesla’s new car-making process stokes debate among industry experts
By Norihiko Shirouzu, Paul Lienert and Victoria Waldersee (Reuters) – Tesla Inc’s new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto manufacturing experts…
Euro zone industry output falls sharply, with Ireland plunge
BRUSSELS (Reuters) – Euro zone industrial production fell by far more than expected in March as output of capital goods plunged, although the sharp reduction appeared to be a result of figures…
‘Public Deserves Answers’: Watchdogs Light Up Dem Gov Over Potential Conflict Surrounding His Pot Industry Investments
‘Public Deserves Answers’: Watchdogs Light Up Dem Gov Over Potential Conflict Surrounding His Pot Industry Investments Trevor Schakohl on May 12, 2023 Democratic Maryland Gov. Wes Moore should fully disclose his ties…
China says it will resolutely object if U.S. curbs investment in semiconductor industry
BEIJING (Reuters) – China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said Shu Jueting, a spokesperson at China’s commerce ministry on Thursday. Shu said…
Italy industry output falls unexpectedly in March
ROME, May 10 (Reuters) – Italian industrial output was weaker than expected in March, falling 0.6% from February to register a third consecutive month of contraction, data showed on Wednesday. A Reuters…
Efforts To Defund The Oil And Gas Industry Fell Off A Cliff In 2022, Report Says
Efforts To Defund The Oil And Gas Industry Fell Off A Cliff In 2022, Report Says John Hugh DeMastri on May 5, 2023 Institutional investors dramatically scaled back efforts to defund oil…
Trump’s Plans To Fire College Accreditors Will Be Difficult To Enact, Industry Professionals Claim
Trump’s Plans To Fire College Accreditors Will Be Difficult To Enact, Industry Professionals Claim Alexa Schwerha on May 5, 2023 Former President Donald Trump unveiled his higher education agenda on Tuesday that…
EU sentiment flat as services optimism offsets industry gloom
BRUSSELS (Reuters) – Euro zone economic sentiment was broadly unchanged overall in April, as a pick-up among consumers and retail and services sectors offset a more gloomy view among manufacturers, while price…
Mexico’s lawmakers approve overhaul of mining industry
(Reuters) – The Mexican parliament’s lower house voted to press ahead with the proposed overhaul of the country’s mining laws which include shortening concessions, tightening water permits and giving back some profits,…
German industry association raises 2023 export growth forecast to 2% – report
BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January, its president told the Rheinische Post newspaper in comments published on Saturday.…
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