Industries

The Energy Information Administration (EIA) confirmed on Thursday its decision to slash its forecast for hydropower generation in the U.S. for 2023. This comes after warmer weather than expected led to reduced water supply. In May, the Northwest United States experienced higher temperatures than expected...

Hyundai and Kia are in the process of recalling over 3.4 million vehicles in the United States due to a fire risk. Both automakers advised customers to park their vehicles outside due to the potential for engine compartment fires. The vehicles in question include...

Marriott International forecasted on Wednesday that 3% to 6% growth in its annualized global revenue per available room for the two years ending 2025 as the hotel group expects the boom in international travel demand to continue. This comes after the company raised its annual profit...

Cox Automotive reported that new vehicle sales in the U.S. are expected to rise in September compared to the previous year. This comes after the auto research firm confirmed that sales in the current month are on course to hit 1.3 million units; up by...

Goldman Sachs analysts have claimed that rising oil prices should not have too much of an impact on U.S. consumers or gross domestic product, adding that they are a manageable challenge for the U.S. economy. On Monday, the national average for gasoline was $3.85;...

Following an intense wage dispute standoff, Ford Motors has offered Canadian worker's union Unifor wage increases of up to 25% as part of a tentative agreement to bring an end to negotiations. Unifor confirmed that its Ford leadership unanimously voted to support the tentative agreement,...