Tag: Stalled

Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled

By Sabrina Valle HOUSTON (Reuters) – A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations. The third and final arbitrator […]

The EV revolution has stalled — and this new poll reveals why

While EVs have been rapidly advancing, we’re now at this critical juncture where it’s not about proving if the tech is there, but rather, trying to convince consumers that electric vehicles are worth it. Recently, a poll by the Associated Press suggests that U.S. car shoppers are still reluctant about buying an EV for their […]

Toyota recalls more than 100,000 vehicles over stalled engine concerns

Toyota will recall about 100,000 vehicles over concerns that loose debris inside the engine could cause it to stall or otherwise fail, federal regulators announced last week. The recall covers about 3,500 Lexus LX SUVs made in 2022 and 2023 and nearly 100,000 Toyota Tundra pickup trucks from the same time frame, the National Highway […]

China pledges to buy apartments and finish stalled housing projects

By Liangping Gao and Clare Jim BEIJING/HONG KONG (Reuters) -China on Friday announced plans for local governments to buy “some” apartments and pledged forceful efforts to deliver unfinished homes, as part of a new round of measures to stabilise the crisis-hit property sector. Earlier in the day, fresh data showing the fastest drop in new […]

A millennial who went to college in his 30s when his career stalled says his Bachelor’s degree is ‘worthless’ and that he’s been looking for a job for 3 years

A Massachusetts millennial says having a college degree hasn’t helped him land a job over the past three years. Daniel Colflesh A millennial quit his job in 2015 to pursue a college degree because his career growth had stalled. But he’s struggled to land a job since graduation and is stuck with student debt. He’s […]

Portsmouth auction of 3 seized downtown properties stalled by lawsuit: What’s next

PORTSMOUTH — An ongoing court battle is at least temporarily stopping the city from selling three downtown properties it seized because the owners owe unpaid property taxes. Appledore Associates LLC, which stated in court documents it represents the owners, previously filed a lawsuit against Portsmouth’s former tax collector, seeking the return of the properties. Appledore […]

New director faced with setting stalled Port of Baltimore back on course

BALTIMORE — Jonathan Daniels was just weeks into his new role as head of one of the nation’s busiest ports when his job changed overnight. Since the March 26 collapse of the Francis Scott Key Bridge, Daniels has instead overseen a nearly closed Port of Baltimore. The executive director of the Maryland Port Administration since […]

Johnson Says House Will Vote on Stalled Aid to Israel and Ukraine

WASHINGTON — House Speaker Mike Johnson, R-La., on Monday said he planned this week to advance a long-stalled national security spending package to aid Israel, Ukraine and other U.S. allies, along with a separate bill aimed at mollifying conservatives who have been vehemently opposed to backing Ukraine. Johnson’s announcement, coming after he has agonized for […]