Category: Economy

Food brands owned by tobacco companies produce foods that are more hyperpalatable than those produced by non-tobacco companies, new research from the University of Kansas shows.

The research found that they are more likely to feature “purposely tempting combinations of salts, fats, and sugars,” according to a press release from the University of Kansas.

Fourteen U.S. energy groups have called on the Biden administration to prioritize U.S. energy production and American’s energy needs by developing fair and consistent federal leasing regulations.

They submitted comments to the U.S. Department of the Interior’s Bureau of Land Management (BLM) over a newly proposed Fluid Mineral Leases and Leasing Process rule. The rule implements changes related to royalty rates, rentals, and minimum bids for BLM-issued oil and gas leases and updates bonding requirements for leasing, development and production.

A Democratic enclave in Wyoming purchased electric buses to reduce emissions, but the buses are indefinitely inoperable after their manufacturer went bankrupt earlier this summer, the Cowboy State Daily reported.

Jackson, Wyoming, and Teton County formed the Southern Teton Area Rapid Transit (START) system, which bought eight electric buses from Proterra to add to its fleet of 31 diesel buses, the Cowboy State Daily reported. Proterra, which itself was at the center of a conflict of interest controversy including Energy Secretary Jennifer Granholm, went bankrupt in August, and START’s eight e-buses are now out of commission given that the manufacturer can no longer readily supply the parts needed for repairs.

A top Chinese tech company has been able to push out fresh Chinese-made semiconductors despite years of U.S. restrictions, according to Reuters.

HiSilicon, Huawei Technologies’ chip design unit, has increased delivery of semiconductors to surveillance camera manufacturers over the last year after the company was able to produce new tools to create more advanced chips in March, according to Reuters. The U.S. has put a number of sanctions on the semiconductor industry, with Huawei in particular being placed on the entity list by the Department of Commerce in 2019, prohibiting it from working with American companies.

A Kings Mountain lithium mine shuttered since 1988, estimated capable of supporting the production of 1.2 million electric vehicles annually for 30 years, will reopen.

Charlotte-based Albemarle, the world’s largest producer of lithium, received a $90 million grant from the Department of Defense this week to expand domestic production of the raw mineral used to manufacture electric vehicle batteries. The grant follows a $149.7 million grant Albemarle received from the Biden administration last year for a North Carolina processing facility.