Energy Department – Page 7

Salesforce Faces Mounting Investor Pressure As Profits Sag

The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.

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How the Lab Leak Theory Could Strain U.S.-China Relations

The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.

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Energy Department Will Loan $2 Billion to Redwood Materials

The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources.

By Niraj Chokshi

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Biden Administration to Buy Three Million Barrels of Oil

The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which soared after Russia’s invasion of Ukraine.

By Clifford Krauss