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US House votes to bar California 2035 electric vehicle plan

US House votes to bar California 2035 electric vehicle plan

By David Shepardson WASHINGTON (Reuters) -The U.S House of Representatives voted Thursday to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states. The House backed legislation to repeal a waiver granted by the U.S. Environmental Protection Agency under former President Joe Biden in December, allowing California to mandate at le ...

2025-05-02 02:39:28
Quanta beats quarterly profit estimates, raises annual profit forecast

Quanta beats quarterly profit estimates, raises annual profit forecast

(Reuters) -Energy contractor Quanta Services (NYSE:PWR) beat first-quarter profit estimates and raised its annual forecast on Thursday, aided by sustained strength in demand for its infrastructure services. The ongoing power grid modernization and electrification in the U.S. and construction of data centers due to the AI boom is helping infrastructure service providers. Quanta also stands to ben ...

2025-05-02 02:38:31
US likely to revisit January 2020 China purchase deal, says Treasury Secretary

US likely to revisit January 2020 China purchase deal, says Treasury Secretary

Investing.com -- US Treasury Secretary Scott Bessent has stated that the US will likely revisit the purchase agreements with China that were established in January 2020. Bessent’s comments came during an appearance on Fox Business, where he emphasized the need for China to de-escalate its tariffs.Bessent stated the US is committed to ensuring that China honors the agreements previously signed. H ...

2025-05-02 02:37:34
US lawmaker warns Ryanair against buying Chinese-made planes

US lawmaker warns Ryanair against buying Chinese-made planes

By David Shepardson and Allison Lampert WASHINGTON (Reuters) - A senior U.S. lawmaker has warned Ryanair against purchasing Chinese-made aircraft due to security concerns, following comments by the CEO of the low-cost Irish airline that he would consider buying Chinese jets at the right price, according to a letter seen by Reuters. Ryanair responded to the letter by saying it would consider cancel ...

2025-05-02 02:36:36