Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate
WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.
Could Cheap Chinese EVs Reach US From Mexico?
Low-priced Chinese EVs pose a potentially “extinction-level event’’ for America’s auto industry.
Amazon Plans Discount Web Store to Counter Upstarts
Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu
VTNA: US Class 8 Retail Sales Running Below Expectations
U.S. Class 8 retail truck sales paced a bit below expectations through May and are now expected to total 260,000 to 270,000 vehicles overall in 2024, according to a VTNA executve M
Volvo EV Deliveries to US Delayed by Higher Tariffs on China
Volvo Cars will postpone U.S. shipments of its best-selling electric car model as it shifts production from China in the wake of tariff hikes.
Shale Executives See Takeovers Squeezing US Oil Production
U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.
Circle K Owner Names New CEO as Fuel Sales Drag on Earnings
Alimentation Couche-Tard Inc., Canada’s most valuable retailer, tapped Chief Operating Officer Alex Miller to take over as CEO as the company explores more merger and acquisition
Vinn White Named FMCSA’s New Acting Leader
Vinn White, who already leads the Department of Transportation’s artificial intelligence effort, has been named acting leader of the Federal Motor Carrier Safety Administration.
NTSB Chair Says Norfolk Southern Botched Vent-and-Burn Call
EAST PALESTINE, Ohio — The head of the National Transportation Safety Board said that Norfolk Southern tried to interfere with the agency’s investigation into the East Palestin