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A rally in gasoline futures lost steam as traders expect there will be enough fuel supply to meet demand after a cyberattack led to the shutdown of the largest U.S. oil-products pipeline. Crude futures reversed gains

Montana Gov. Greg Gianforte has signed a bill that revises civil liability laws relating to damages in lawsuits.

NEW YORK — The cyberextortion attempt that has forced the shutdown of a vital U.S. pipeline was carried out by a criminal gang known as DarkSide that cultivates a Robin Hood image of stealing from corporations and giving a cut to charity, two people close to the investigation said May 9.

The Federal Motor Carrier Safety Administration is providing emergency relief from hours-of-service regulations to motor carriers and drivers assisting operations linked to refined petroleum supply chains in the East Coast in the wake of a cyberattack against Colonial Pipeline.

Traders and shippers are increasingly nervous about the possibility of a shortage of fuel in the eastern U.S. two days after the shutdown of a major pipeline following a cyberattack.

NEW YORK — The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day May 9, with the Biden administration saying an “all-hands-on-deck” effort is underway to restore operations and avoid disruptions in gasoline supply.

Colonial Pipeline is working to restore operations after a cyberattack prompted the company to take its systems offline, threatening the supply of refined petroleum products to gas stations in major cities on the U.S. eastern seaboard.

The administration of Minnesota Gov. Tim Walz and state regulators can adopt new vehicle emission standards without the OK from lawmakers, an administrative law judge ruled May 7.

The Lion Electric Co., a manufacturer of all-electric medium- and heavy-duty urban vehicles, announced it selected Joliet, Ill., for the construction of its U.S. manufacturing facility, with building to ramp up in the second half of this year.

Wisconsin officials announced May 6 that $1 million in grant funding has been awarded to support infrastructure at a shipbuilding facility in Marinette.