General News
US and EU Trade Negotiators Discuss Tariffs in Paris
Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses.
Maverick Raises Pay for Glass Division Drivers
Maverick Transportation increased pay for drivers in its glass over-the-road driving division, the company announced June 2.
Costco Defies Tariff Shifts With Higher Profit, Lower Prices
Costco posted better-than-expected earnings in its 2025 Q3, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and economic turbulence.
Two Colleges Launch CDL Training to Open Trucking Careers
A pair of community colleges are offering commercial driver license training in California and Louisiana to introduce students to professional truck driving careers.
Trump to Sign Order Hiking Steel, Aluminum Tariffs to 50%
President Donald Trump will sign a directive June 3 formally raising steel and aluminum tariffs to 50% from 25%, White House Press Secretary Karoline Leavitt announced.
Dollar General Posts Record Sales as Shoppers Pinch Pennies
Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores.
Site Visits by Possible Nikola Asset Buyers Start This Week
Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.
US Sent Letters to Trade Partners Ahead of Tariff Deadline
The Office of the U.S. Trade Representative has sent letters to trading partners to remind them of an upcoming deadline in tariff negotiations, according to the White House.
Toyota Group to Privatize Toyota Industries for $33 Billion
The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.
OPEC Raises Oil Output as Group Begins Bumper Set of Hikes
OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.
Reservation System at Ports Cuts Ship Emissions by Up to 24%
Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.
Diesel Price Down 3.6¢ to $3.451 a Gallon
The national average price for a gallon of diesel dropped 3.6 cents to $3.451, according to U.S. Energy Information Administration data released June 3.
Trucks in China Make Switch From Diesel to Electric
More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.
Joby Considers Air Taxi Deal Worth Up to $1 Billion
Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.
Trump Trade War to Hobble US Growth, OECD Says
U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.
Manufacturing Activity Shrank in May for Third Straight Month
U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.
Uber Promotes Company Veteran to Chief Operating Officer
Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.
Canada Premiers Pitch Carney on Pipelines, Ports and Mines
Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.
Group That Won Trade Ruling Wants Tariffs Halted During Appeal
A group of small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal.
Nevada Readies for Daytime Headlights Law for Rural Highways
Nevada is proactively installing road signs three years before a law takes effect that will alert motorists to always turn their headlights on while traveling on rural two-lane highways.