General News
Employers Added a Surprising 177,000 Jobs in April
Employers added a better-than-expected 177,000 jobs in April, with transportation and warehousing adding 29,000 in a sign that companies may have been stocking up on imports before tariffs.
CN Railway Defies Tariffs Gloom, Keeps 2025 Growth Outlook
Canadian National Railway kept its financial outlook for 2025 intact despite rising economic risks, but management acknowledged that uncertainty is leaving many customers in limbo.
Port Leaders Warn Tariffs to Bring ‘Radical Uncertainty’
Leaders of West Coast ports warned that a sharp drop in ship traffic tied to President Donald Trump’s tariffs on Chinese goods will threaten jobs, raise prices and ripple through the economy.
Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs
Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.
Farm Machinery’s Slump Lingers as Tariffs Add Risks
Farmers are still delaying equipment purchases a President Donald Trump’s tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.
Experts Dissect Challenges of Hydrogen Fueling Infrastructure
Hydrogen adoption faces infrastructure hurdles as industry shifts from billion-dollar hub plans to practical solutions. Experts highlight ethanol conversion and cost concerns.
Ports Post Cargo Growth in March, but Possible Slowdown Looms
Container volume grew at U.S. ports in March despite uncertainty around tariffs.
Wex Launches Payments for Private EV Charging
Payment processing provider Wex has launched fleet card payments for electric vehicle charging at private sites.
Schneider Reports Revenue and Earnings Growth in Q1
Schneider reported year-over-year increases in revenue and earnings during the first quarter of 2025, the company reported May 1.
House Votes to Overturn California Ban on Gasoline Cars
The U.S. House voted 246-164 to roll back an EPA authorization issued under former President Joe Biden, which let California ban gasoline-powered cars by 2035.
Trade War Leads CPKC Railway to Lower 2025 Guidance
Canadian Pacific Kansas City cut its financial outlook for this year due to the uncertainty caused by the U.S. administration’s tariff and trade policy.
General Motors Trims 2025 Guidance
General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.
Tesla Chair Denies Reported CEO Search and Backs Elon Musk
Tesla's chair denied a report that said board members started a search for a CEO to succeed Elon Musk, saying directors are “highly confident” in his abilities.
Aurora Debuts First Driverless Trucking Service in US
Aurora Innovation has launched the nation’s first commercial driverless freight service, sending autonomous 18-wheelers between Dallas and Houston without a human behind the wheel.
EU to Present Trade Proposals to US Negotiators Next Week
The European Union is planning to share a paper with the U.S. next week that will set out a package of proposals to kick-start trade negotiations with the Trump administration.
Amazon Plans Dozens of US Warehouses in Rural Expansion
Amazon.com Inc. plans to build dozens of warehouses to serve rural areas in the U.S. before the end of next year, growing its footprint as the company works to rely less on other carriers.
Rivian Stockpiled EV Batteries From Asia Before Trump Tariffs
Rivian quietly built a reserve of electric vehicle batteries from Asia ahead of President Donald Trump’s tariffs, giving the company a measure of insurance against economic upheaval.
Ford to Hold Off on Price Increases to Assess Rivals' Actions
Ford Motor Co. won’t increase the price of its vehicles until it sees how competing carmakers respond to higher costs imposed by President Donald Trump’s tariffs.
Manufacturers See Hydrogen Engine Use Cases, Advantages
The hydrogen internal combustion engine is already considered zero-emissions technology in the European market, and interest in the North American market is increasing.
Two Charged in Murder of FBI Informant in Truck Scam
A sweeping federal grand jury indictment has charged two New Orleans men with the murder of a cooperating FBI witness in the investigation of dozens of staged crashes with trucks since 2011.