Latest News Updates From Cathy Bussewitz

Government, Business

Senate Confirms Lori Chavez-DeRemer as Labor Secretary

The Senate voted March 10 to confirm Lori Chavez-DeRemer as U.S. labor secretary, a Cabinet position that puts her in charge of enforcing federally mandated worker rights and protections.

March 11, 2025
Government, Business

Chavez-DeRemer Walks Back PRO Act Support in Senate Hearing

Pressed by Republican senators, Chavez-DeRemer said she no longer supported the part of the bill that curtailed the ability of workers in unionized workplaces to opt-out of membership.

February 19, 2025
Government, Business, Fuel

OPEC+ Boosts Oil Output by Slower Pace Than Previous Months

The OPEC oil cartel and its allies decided Aug. 3 to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine.

August 3, 2022
Business, Fuel

Major Oil Drillers Saw Unprecedented Profit as Prices Soared

NEW YORK — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

July 29, 2022
Government, Business, Technology, Fuel

Sky-High Diesel Prices Squeeze Truckers, Farmers, Consumers

NEW YORK — When longhaul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.

July 20, 2022
Government, Business, Fuel

OPEC+ Oil Boost Unlikely to Ease Fuel Prices

NEW YORK — The OPEC oil cartel and allied producing nations decided June 30 to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.

June 30, 2022
Business, Technology, Fuel

Exxon Profits Surge

NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.

April 29, 2022
Business, Fuel

Exxon Posts $4.7 Billion in Q2 Profit as Fuel Demand Rebounds

NEW YORK — ExxonMobil swung back to a profit and topped expectations on profit and revenue during the second quarter as demand for fuel recovered from lows reached earlier in the pandemic.

July 30, 2021
Business, Fuel

Exxon Posts $2.7 Billion Quarterly Profit After Unprecedented Year

NEW YORK — ExxonMobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.

April 30, 2021
Government, Business, Technology

Biden Releases Money in Push to Modernize US Electric Grid

The federal government said April 27 it was making more than $8 billion available to build and improve the nation’s transmission lines as part of its efforts to improve America’s aging electric grid and meet President Joe Biden’s ambitious clean-energy goals.

April 28, 2021