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Updated: 42 min 32 sec ago

Venezuela’s Oil Output Can Grow 30%-40% This Year, US Says

Wed, 02/18/2026 - 09:50
There’s “enormous” interest among companies seeking to enter the Latin American producer, Energy Secretary Chris Wright said in an interview in Paris.

Kraft Heinz Replaces North American President

Wed, 02/18/2026 - 08:47
Nicolas Amaya will lead Kraft Heinz’s North American operations starting next week, replacing Pedro Navio, the company said in a statement

Mullen Group Leans on Deals for Revenue Gains

Wed, 02/18/2026 - 08:32
A lack of capital investment by the private sector remained a significant headwind. Murray Mullen noted that consumers struggled with inflation as basic needs became more costly.

Uber Will Spend $100M to Build Robotaxi Charging Stations

Wed, 02/18/2026 - 08:11
Uber said it will focus on building the high-capacity charging hubs starting in the San Francisco Bay Area, L.A. and Dallas — markets where it plans to launch public robotaxi services.

California Won't Suspend Tesla Sales Over Autopilot Marketing

Wed, 02/18/2026 - 07:26
The automaker has taken “corrective action” including ending the use of Autopilot branding in California, the state’s Department of Motor Vehicles said in a statement late Feb. 17. 

Steel Dynamics Raises BlueScope Offer to $11 Billion

Tue, 02/17/2026 - 16:43
Steel Dynamics and SGH raised their all-cash bid for Australia’s BlueScope Steel in an effort to woo shareholders after the target rejected a previous offer.

US and Japan Advance Tariff-Linked $550B Investment Plan

Tue, 02/17/2026 - 15:30
The U.S. and Japan unveiled the debut projects of a $550 billion investment fund, pressing ahead with a trade and economic pact in the weeks before Japan’s Prime Minister Sanae Takaichi is set to meet President Donald Trump.

Tesla Reports 14 Robotaxi Crashes in Texas Pilot

Tue, 02/17/2026 - 15:00
Tesla's robotaxis have been involved in over a dozen crashes in Austin since service began, according to reports the carmaker has made to regulators.

Autonomous Vehicles Steer Robotics Growth

Tue, 02/17/2026 - 14:25
The market for AI-powered robots and autonomous machines could balloon into a trillion-dollar opportunity by 2035, according to a team of Barclays analysts. 

Port of L.A. Imports Slump as Tariffs Disrupt Trade Flows

Tue, 02/17/2026 - 12:52
Total container traffic though the Port of Los Angeles dropped 12% in January as exports and imports weakened from a year earlier, when shippers rushed to move freight in anticipation of tariffs.

Biodiesel Producers Welcome New IRS Tax Credit Guidance

Tue, 02/17/2026 - 11:28
Biodiesel producers are hailing new federal tax credit guidance for U.S.-manufactured renewable fuels as last year’s uncertainty contributed to a double-digit output drop.

CVSA Will Target ELD Tampering in May Roadcheck

Tue, 02/17/2026 - 11:10
CVSA roadside inspectors will review a driver’s record of duty status as in past years but with specific scrutiny to determine if ELD tampering has occurred.

Ford Looks to Hit $30,000 EV Target by Shrinking Battery

Tue, 02/17/2026 - 10:59
Ford engineered its next-generation EV to be lighter, sleeker and more electrically efficient so that it can go farther on a charge and start at $30,000, some $20,000 cheaper than the average new car.

Sinokor Snaps Up Supertankers in Crude Oil Market Shakeup

Tue, 02/17/2026 - 09:30
Sinokor’s aggressive buying has spooked the market, traders say, in turn dramatically driving up the cost of freight as nervous charterers rush to book space in case prices rise further in the future due to the concentrated ownership.

US Open to Changing Steel and Aluminum Tariffs, Greer Says

Tue, 02/17/2026 - 09:10
U.S. Trade Representative Jamieson Greer signaled that the Trump administration is open to changing its tariffs on steel and aluminum amid pressure from business groups and trading partners.

Carney Taps Veteran Charette as Chief Trade Negotiator to US

Tue, 02/17/2026 - 08:48
Janice Charette will work with the minister responsible for Canada-U.S. trade, Dominic LeBlanc, on the joint review of the trade agreement between Canada, the U.S. and Mexico.

Mexico’s Fuel Smuggling Crackdown Hobbles Automakers

Tue, 02/17/2026 - 08:17
Ford has a plant in Chihuahua, GM and Stellantis operate five in Coahuila, Nissan has production in Aguascalientes while Guanajuato is home to complexes for GM, Ford, Honda, Mazda, Toyota and VW. 

Macquarie-Led Group to Buy Qube Holdings for $8.3 Billion

Tue, 02/17/2026 - 07:56
Qube operates a transport and trade network that handles goods and services, including outbound grain and cottonseed shipments. It has operations in Australia, New Zealand and Southeast Asia. 

Genuine Parts to Split Automotive and Industrial Businesses

Tue, 02/17/2026 - 07:43
The decision comes at a volatile time for the automotive business, which is grappling with high costs, economic uncertainty and affordability challenges for consumers.

Hapag-Lloyd to Buy Competitor Zim in $4.2 Billion Deal

Tue, 02/17/2026 - 07:06
Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services Ltd as the German shipping company aims to grow in size and bolster its presence in Asia.

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