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Updated: 7 min 6 sec ago

US Threatens to Strike Back Against EU Firms for Digital Tax

13 min 34 sec ago
The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent firms.

Kraft Heinz Changes CEO Before Split Into 2 Companies in '26

1 hour 23 min ago
Kraft Heinz named a new CEO, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1, ahead of the company's planned split into two separate food giants.

Transportation Jobs Fall as Broader Labor Market Cools

5 hours 18 min ago
Transportation and warehousing employment fell by 8,000 jobs in November and is down 78,000 jobs since its February peak, according to the BLS Employment Situation report for November.

Europe Backs Away From Total Combustion Engine Ban

5 hours 46 min ago
Under the new proposal, tailpipe emissions will have to be reduced by 90% by the middle of the next decade compared with the current goal of a 100% reduction.

Amazon to Lay Off 370 at European HQ Amid Global Cuts

6 hours 2 min ago
The terminations are Luxembourg's largest in at least two decades and a speed bump in the mutually beneficial relationship between Amazon and the tiny country.

October Retail Sales Show Mixed Consumer Picture

6 hours 27 min ago
Motor vehicles fell 1.6%, held down in part by the expiration of federal tax incentives on electric vehicles. Cheaper gasoline prices held down the value of gas station receipts.

How Uncertainty Defined Trucking in 2025

8 hours 52 min ago
President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

UPS Purchases 400 Robots to Unload Trucks in Automation Push

Mon, 12/15/2025 - 17:00
UPS will invest $120 million in 400 robots used to unload trucks, according to sources, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profit.

Ford to Suffer $19.5 Billion Hit Tied to EV Reduction

Mon, 12/15/2025 - 16:30
Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.

Luminar Files for Bankruptcy After Losing Volvo Contract

Mon, 12/15/2025 - 13:57
Before filing for bankruptcy, Luminar struck an agreement with Quantum Computing Inc. to sell it the equity of its subsidiary Luminar Semiconductor Inc. for $110 million in cash.

Duffy Takes Tough Stance With N.Y. on Noncompliant CDLs

Mon, 12/15/2025 - 13:42
“Fifty-three percent of New York’s non-domiciled [commercial driver licenses] were issued unlawfully or illegally," Transportation Secretary Sean Duffy says.

Brad Jacobs to Step Down as Chairman of XPO and GXO

Mon, 12/15/2025 - 12:56
Brad Jacobs joined XPO in 2011 and built it into one of North America’s largest transportation companies before spinning off GXO in 2021 and RXO in 2022.

Crossword Puzzle Solution for December 15, 2025

Mon, 12/15/2025 - 12:30
Here's the solution to the crossword puzzle found in the December 15, 2025 print edition.

Texas Jury Awards $44M to Family of Man Killed in Semi Crash

Mon, 12/15/2025 - 11:10
A Dallas County jury last week awarded $44 million in damages to the family of a man killed when his truck was rear-ended by an 18-wheeler during the 2021 winter ice storm in Texas.

Tesla Share Price Nears Record High as AI Hopes Fuel Rally

Mon, 12/15/2025 - 10:15
It’s been a rocky comeback for Tesla, whose share price has more than doubled since it hit a low in early April amid a wider market meltdown sparked by President Trump’s tariff offensive.

US Homebuilder Confidence Hits 8-Month High

Mon, 12/15/2025 - 09:44
Mortgage rates have been hovering in the 6.3%-6.4% range the past couple months, near their one-year lows, which has marginally helped to move some buyers off the sidelines.

Canada Inflation Holds at 2.2% as Core Pressures Ease

Mon, 12/15/2025 - 08:58
“It does look like some more positive signs of underlying inflation slowing,” Citigroup economist Veronica Clark said, while adding that rent costs are showing “some stickiness.” 

Xi Warns Officials Against Superficial Economic Gains

Mon, 12/15/2025 - 08:31
Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.

US-Bound India Exports Surge Despite Tariff Pressure

Mon, 12/15/2025 - 08:30
The growth was largely supported by India’s push into markets like China, although there was also a sharp rebound in shipments to its biggest export destination, the U.S.

China Turns Away Nvidia H200 Despite US Export Approval

Fri, 12/12/2025 - 15:49
“Apparently [China doesn't] want them, and I think the reason for that is they want semiconductor independence,” White House AI czar David Sacks said in an interview on Bloomberg Tech.

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