General News
Trump Weighs Imposing Copper Import Tariffs in Weeks
U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.
Rivian Spins Out ‘Micromobility’ EV Startup Called Also
Rivian Automotive Inc. is spinning out a business that will develop small electric vehicles designed for short trips.
Dollar Tree Sells Family Dollar for $1 Billion
Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit.
Shell CEO Says Pursuing Major Deal Brings Risks of Distraction
Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks inherent in pursuing a major deal.
Eight Corvettes Go Missing in Kentucky but Are Later Found
Thieves took eight Corvettes from the lot of a Kentucky automobile plant where the legendary muscle car is built, but officers recovered the vehicles and made an arrest, police said.
Elliott Files Lawsuit Against Phillips 66; Board Fight Looms
Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year.
Leading Meatpacker JBS Tops Earnings Expectations
JBS SA, the world’s largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.
Ambassador Warns Canada About Using China as ‘Bargaining Chip’
China’s ambassador warned the Canadian government against using it as a “bargaining chip” in trade negotiations with the U.S.
Struggling USPS a Privatization Target for Trump
The U.S. Postal Service has been struggling for years, and now President Donald Trump and Elon Musk are considering privatizing it. How did we get here?
Descartes Acquires TMS Provider 3GTMS for $115 Million
Shippers, third-party logistics providers and freight brokers can use 3GTMS’ products for automating planning, rating, consolidation and routing of over-the-road shipments.
Court Slashes $450 Million Verdict in Wabash Underride Case
A St. Louis court has drastically reduced a $450 million jury verdict issued against trailer manufacturer Wabash in connection with a 2019 fatal accident.
Court Preserves Detroit Transmission Housing Supply Line
A component supplier must continue to supply Detroit Diesel with housings for Detroit-branded transmissions installed on Freightliner and Western Star truck production lines, a court ruled.
Consumer Confidence Falls to Lowest Reading Since 2021
U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.
Kroger Fights Suit by Albertsons Over Failed Deal
Kroger is fighting back against a lawsuit brought by Albertsons over its failed $24.6 billion takeover of the rival grocery chain.
Carney Says Canada Wants to ‘Get Serious’ on Trade Talks
Canadian Prime Minister Mark Carney said his top Cabinet ministers are in contact with White House officials and want to have “serious” negotiations about trade.
Fleets and Insurers Respond to Freight Theft Surge
The industry has made some progress in its response to theft but needs to develop more effective countermeasures, according to multiple insurance brokers.
Shell Bets Big on LNG
Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas.
Trump Taps Derek Barrs for FMCSA Head Amid Turmoil
The nomination of Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, follows a string of leadership changes at the agency.
Fleetio to Acquire Auto Integrate in $1.5 Billion Fleet Deal
Fleetio, a software firm that helps companies manage their vehicle fleets, has raised $450 million in late-stage venture funding to help finance a takeover of Auto Integrate.
ASCE Report Card: Infrastructure Improved Under Biden
The American Society of Civil Engineers gives U.S. infrastructure a C grade, up slightly from previous reports, largely due to investments made during the Biden administration.