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Updated: 1 hour 55 min ago

Hormuz Transits Halted Since May 5 as US, Iran Clash

3 hours 40 min ago
Tehran has tightened its grip on the waterway, requiring shipowners to submit detailed information to its Persian Gulf Strait Authority.

Uber-Backed Electric Scooter Rental Firm Lime Files for IPO

4 hours 8 min ago
Lime has expanded aggressively in recent years, launching in more than 20 cities including Tokyo and Athens.

Amplify Battery Cell Manufacturing JV Faces More Delays

4 hours 26 min ago
Amplify Cell Technologies’ planned battery cell production facility in Mississippi is facing more delays, one of the joint venture’s shareholders said May 6.

Administration Settles Meatpacking Antitrust Case

4 hours 44 min ago
The case targeted Agri Stats, which collects nonpublic information from meat processors and shares the data in detailed reports with the industry.

Food Prices Rise to Highest in 3 Years on Iran War Costs

5 hours 4 min ago
The increase in the gauge — which tracks grains, sugar, meat, dairy and vegetable oil costs — marks the third consecutive month of gains. 

Box Makers Struggle to Pass on War Costs

5 hours 28 min ago
One of the biggest impacts on the industry from the war is higher transportation costs. The cost of retail diesel touched record seasonal levels in mid-April.

Employers Added a Surprising 115,000 Jobs in April

6 hours 1 min ago
The Iran war has caused the biggest disruption of global oil supplies in history. But the conflict hasn’t done much damage to the American job market so far.

Oil Prices Dip After Attacks Imperil Ceasefire With Iran

6 hours 17 min ago
Brent crude, the international standard, dipped 0.2% to $99.84 per barrel. Brent crude was roughly $70 a barrel before the Iran war began.

Federal Court Finds Trump's 10% Global Tariffs Illegal

6 hours 40 min ago
A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued.

Lyft Projects Strong Q2 as Premium Services Expand

Thu, 05/07/2026 - 16:00
Lyft forecast second-quarter results that beat Wall Street estimates, as the ride-sharing company expands internationally and adds higher-end offerings.

Trump Sets New July 4 Deadline for EU to Approve Trade Deal

Thu, 05/07/2026 - 15:00
President Trump said that goods from the EU would face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4.

Trump, Xi Summit Set Despite China's Hesitance on Iran

Thu, 05/07/2026 - 14:30
President Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing despite unease in China over the Iran war.

Americold, EQT Form $1.3 Billion Cold Storage Venture

Thu, 05/07/2026 - 14:05
The transaction will give EQT a 70% interest in the North American venture, with Americold retaining the remaining 30%, the companies said May 7.

RXO Boss Optimistic About Supply-Side Recovery

Thu, 05/07/2026 - 12:30
RXO CEO Drew Wilkerson expressed optimism that the freight market is recovering and that the company is well positioned for the upturn while reporting first-quarter results May 7.

Cyber Cargo Theft Cases Surging, FBI Warns

Thu, 05/07/2026 - 11:39
The FBI has issued a public alert about “surging” cargo theft cases involving cybercriminals impersonating a broad range of legitimate freight companies.

Iran Creates New Agency to Control Shipping in Hormuz

Thu, 05/07/2026 - 10:46
The move has raised concerns about eroding the freedom of navigation on which global trade depends.

Numbers Show Global Impact of Iran's Grip on Hormuz

Thu, 05/07/2026 - 10:06
Iran’s grip on the Strait of Hormuz has jolted the world economy. Here is a look at the strait by the numbers.

US States Have Revoked 28,000 Non-Domiciled CDLs

Thu, 05/07/2026 - 09:48
Transportation Secretary Sean Duffy highlighted the revoked non-domiciled CDLs among a list of one-year accomplishments to support the trucking industry.

US Considers Tapping Oil at Military Bases to Refill Reserve

Thu, 05/07/2026 - 09:36
The move comes as the administration has vowed to find ways to refill the Strategic Petroleum Reserve, which has seen additional declines during the Iran war.

Shell Profit Climbs as Iran War Boosts Oil Trading

Thu, 05/07/2026 - 08:43
Shell, which recently announced the acquisition of Canadian oil and gas producer ARC Resources, cut its quarterly share buyback and raised its dividend.

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