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The U.S. government on Feb. 11 further asserted its self-appointed role in turning around Venezuela’s oil industry with the arrival of Energy Secretary Chris Wright for a firsthand assessment.

Although zero-emission technologies are available, fleet operators also can achieve significant progress toward decarbonization through pragmatic, intermediate steps to improve efficiency.

Kraft Heinz said Feb. 11 it's pausing its plans to split into two companies, with CEO Steve Cahillane saying  "many of our challenges are fixable and within our control.” 

The report included major revisions that reduced the number of jobs created last year to just 181,000, less than half the previously reported 584,000 and the weakest since the pandemic year of 2020.

QXO agreed to buy Kodiak Building Partners to expand its construction products business into key U.S. markets. The deal will be funded with $2 billion of cash and 13.2 million shares.

British International Investment halted investments with DP World over alleged ties between the port operator’s CEO and Jeffrey Epstein, the second suspension in the space of 24 hours.

The president has asked aides why he shouldn’t withdraw from the pact, which he signed during his first term, though he has stopped short of flatly signaling that he will do so, Bloomberg reports.

An unexpected change in tariff provisions cost Ford about $900 million in savings it expected last year, Chief Financial Officer Sherry House told reporters on Feb. 10.

The Securing Accessible Functional Emergency Exit Act, or SAFE Exit Act, was forwarded to the full committee during a markup session on Feb. 10 by the House Committee on Energy and Commerce.