Germany lines up with Spain against EU tariffs on Chinese EVs
German Chancellor Olaf Scholz joined Spanish Prime Minister Pedro Sanchez in calling for the European Union to drop its plan to impose extra tariffs on…
Red Sea crisis produces winners and losers in Asia as freight rates spike
First-half earnings in Asia showed how the ripple effects of the Red Sea crisis will continue to be costly for companies that make goods for…
Boeing faces possible strike on Friday over labor contract
Boeing faces a possible strike as early as Friday if most of the U.S. planemaker's factory workers in the Pacific Northwest vote on Thursday to…
Norfolk Southern terminates CEO, appoints CFO to lead company
Norfolk Southern on Wednesday fired its chief executive officer, Alan Shaw, and promoted its chief financial officer to run the railroad after an internal probe…
Hurricane Francine lands in Louisiana, putting New Orleans on edge
Hurricane Francine came ashore in southern Louisiana on Wednesday, threatening New Orleans and the wider Gulf Coast with powerful winds, rain and a storm surge…
Bob’s Discount Furniture celebrates World EV Day with first EV truck
Bob’s Discount Furniture, one of the fastest growing omni-channel furniture retailers in the country, celebrates World EV Day through a recent partnership with Werner Final…
US clean fuels tax credit likely by end of Biden administration, Agriculture Secretary says
U.S. Agriculture Secretary Tom Vilsack said on Tuesday he is confident that a clean fuels tax credit program set to take effect in 2025 will…
US Postal Service to end discounted rates for package consolidators
The U.S. Postal Service said Wednesday it will no longer offer discounted rates for packages entered by consolidators, part of a wide ranging effort to…
Nippon Steel makes last ditch effort to win U.S. nod on US Steel deal, source says
A top Nippon Steel executive plans to meet with senior U.S. officials on Wednesday to try and salvage the firm's $14.9 billion bid for U.S.…
Boeing says bargained in good faith with union for labor deal
Boeing bargained in good faith with one of its biggest unions for the new labor contract and "did not hold back with an eye on…
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