![[REPORT] California's Secret Gas Tax Hike Could Happen; Senator Says It's Like 'Tax on the Tax'](https://d.vcpost.com/en/full/105301/report-californias-secret-gas-tax-hike-could-happen-senator-says-its-like-tax-tax.webp?w=247&h=142&f=8fa84073301b5977b383dc1fec54a62f)
Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.
Industry
Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry
President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants.
Boeing Firefighter Lockout Draws Protests From Union Leaders, Lawmakers
Union leaders and lawmakers on Monday strongly criticized Boeing for locking out its unionized firefighters and urged the company to reach a fair contract agreement.
South Africa Faces Investor Exodus, Big Companies Leave Amid Government Concerns
South Africa faces a significant corporate exodus, raising economic concerns. Major departures like BNP Paribas and Shell highlight regulatory instability and threatening investment.
India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar
India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.
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Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country.
Chinese companies won five more bids to explore and develop oil and gas fields in Iraq. Chinese companies won five more bids for licenses to explore and develop oil and gas fields in Iraq as the hydrocarbon exploration licensing round of the Middle Eastern country entered its second day.
Pfizer and AstraZeneca have announced massive investments in France totaling nearly $1 billion. Two major pharmaceutical companies, Pfizer and AstraZeneca, announced on Sunday massive investments in France totaling nearly $1 billion.
Microsoft has announced that it will launch its own mobile game store in July. Microsoft announced Thursday that it is preparing to launch its own mobile game store in July.
The price transparency law of California will take effect on July 1. Here's what you need to know.
April saw an unexpected surge in Canadian job growth, adding 90,000 jobs, primarily in part-time work and among young adults, driving hopes for economic recovery.
OpenAI CEO Sam Altman has taken his nuclear power company, Oklo, public with shares trading on the NYSE despite facing regulatory hurdles and no revenues yet.
Air Vanuatu has filed for bankruptcy protection after it canceled all its international flights, which left thousands of passengers stranded.
