US to propose unwinding Biden-era heavy truck fuel economy rules

By David Shepardson WASHINGTON, Jan 30 (Reuters) – The U.S. Transportation Department said Friday it plans to propose rolling back fuel economy standards for heavy-duty pickup trucks and vans, the latest effort to unwind stringent vehicle standards set by former President Joe Biden. In 2024, Biden’s administration finalized rules to require heavy-duty pickup trucks and…

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Theranos founder Elizabeth Holmes asks Trump to commute her prison sentence

WASHINGTON, Jan 21 (Reuters) – Theranos founder Elizabeth Holmes has asked President Donald Trump to commute her sentence after she was convicted of defrauding investors in her now-defunct blood-testing startup that was once valued at $9 billion, a notice on the Justice Department website showed. The U.S. Justice Department’s Office of the Pardon Attorney lists…

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Netflix co-CEOs go on defensive over $83 billion Warner Bros deal

By Zaheer Kachwala Jan 21 (Reuters) – Netflix’s co-CEOs found themselves in an unusual position after the company’s latest earnings report: on the backfoot. The streaming pioneer’s decision to plunk down nearly $83 billion on Warner Bros’ assets marks a significant departure from the company’s long-standing mantra: build, don’t buy. Investors still aren’t buying it….

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