Ontario Imposes 25% Surcharge on US Electricity Exports Amid Escalating Energy Dispute
Ontario has implemented a 25% surcharge on electricity exports to Michigan, Minnesota, and New York, affecting approximately 1.5 million households and companies, in response to tariff threats from the US.
Southwest Airlines Introduces Baggage Fees in Major Policy Shift
Southwest Airlines will start charging for checked bags from May 28, ending its long-standing 'two bags fly free' policy as part of a broader strategy to boost revenue and cater to frequent flyers.
SUV Engines Shrink as Vehicle Sizes Grow, Impacting Fuel Economy and Performance
As SUVs increase in size, manufacturers are downsizing engines from V8s and V6s to smaller turbocharged motors, aiming for improved fuel efficiency but potentially impacting long-term reliability.
Ukraine's Armored Vehicle Maintenance Challenges Intensify Amid Aid Suspension
Ukraine faces increasing difficulties in maintaining US-supplied armored vehicles, including Abrams tanks, due to the suspension of military aid and spare parts shipments.
Deepnight Secures $5.5M to Revolutionize Military Night Vision with AI
Y Combinator startup Deepnight raises $5.5 million to develop AI-powered night vision technology for military and commercial applications.
US Job Market Slowdown Raises Questions About Energy Sector Employment
February's lower-than-expected job growth and rising unemployment rate could impact energy industry hiring and investment decisions.
Potential Tariff Impacts on Energy Sector Amid US-Mexico-Canada Trade Tensions
President Trump's tariff policies on Mexico and Canada create uncertainty in the energy sector, potentially affecting oil, gas, and renewable energy trade.
Russian Official Calls for Intensified Attacks on Ukraine Amid US Aid Pause
Russia's former president Dmitry Medvedev urges increased aggression against Ukraine as US suspends weapons aid.
US Commerce Secretary Hints at Potential Tariff Compromise with Canada and Mexico
Global markets rallied on hopes for tariff relief as US Commerce Secretary Howard Lutnick suggested imminent compromises with Canada and Mexico following President Trump's reimposition of 25% tariffs.