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Updated: 1 hour 27 min ago

UAE Says It Will Leave OPEC May 1 in Blow to Oil Cartel

Tue, 04/28/2026 - 09:40
The move has been rumored for some time as the UAE chafed under production restrictions and increasingly had frostier relations with neighboring Saudi Arabia.

GM Boosts Outlook by $500 Million

Tue, 04/28/2026 - 09:10
Sales of GM’s Chevrolet Silverado and GMC Sierra pickups, its largest profit generators, remained strong despite gas prices surging above $4 a gallon.

UPS Beats Q1 Profit, Sales Expectations

Tue, 04/28/2026 - 08:34
Adjusted earnings were $1.07 a share for the first quarter, the company said. Revenue of $21.2 billion was also narrowly ahead of expectations.

BP's Profit More Than Doubles in Q1 as US Gas Prices Rise

Tue, 04/28/2026 - 08:09
BP earned $3.84 billion for the quarter. A year earlier the London-based oil and gas company earned $687 million.

Trump Pursues Durable Tariffs After Supreme Court Rebuff

Tue, 04/28/2026 - 07:18
The Office of the U.S. Trade Representative will begin hearings in two investigations that are expected to lead to a new round of U.S. tariffs.

Oil Prices on Upswing as Iran War Drags On

Tue, 04/28/2026 - 07:03
Brent crude to be delivered in July, which is where more of the trading is happening in the oil market, rose $2.19 to $103.88 per barrel.

Value Airlines Seek $2.5B in Fuel Aid From Trump White House

Tue, 04/28/2026 - 07:00
Budget airlines are seeking $2.5 billion from the Trump administration to offset rising fuel prices, offering warrants allowing the U.S. to buy equity stakes.

New York Sues USDOT Over $73.5M in Withdrawn Federal Funds

Tue, 04/28/2026 - 06:00
New York is suing USDOT, saying it lacks the authority to withhold $73.5 million in funding over what DOT said were noncompliance issues with state-issued CDLs.

Shell Arc Deal Underscores Canada Appeal as Energy Supplier

Mon, 04/27/2026 - 16:00
Analysts say Shell's purchase of Canada’s Arc Resources marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports.

CBO: Tariff Policy Shifts Could Add $1.1 Trillion to Deficit

Mon, 04/27/2026 - 15:45
The CBO says shifts in U.S. tariff policy may add $1.1 trillion to federal budget deficits over a 10-year period, though exact calculations aren’t yet possible.

Joby Flies Electric Air Taxis Between JFK and Manhattan

Mon, 04/27/2026 - 15:05
Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft.

Walmart Raises $4.25 Billion in High-Grade Bond Sale

Mon, 04/27/2026 - 14:45
Walmart Inc. raised $4.25 billion from a high-grade bond offering, boosting the size of the deal amid a flood of issuance that was mostly well received.

Trucker Challenges Arrest, ICE Detention After Traffic Stop

Mon, 04/27/2026 - 13:34
Jagdish Singh won a partial victory April 20 when a federal judge agreed the government violated his Fifth Amendment due process rights in arresting him.

Heartland Q1 Loss Narrows on Busy March, Lower Expenses

Mon, 04/27/2026 - 12:20
A positive March due to improved freight volume and higher driver utilization plus lower expenses boosted Q1 2026 results at truckload carrier Heartland Express.

Freightliner Upgrades Cascadia Safety Technology Suite

Mon, 04/27/2026 - 12:16
The upgrades to the truck’s Detroit Assurance safety software include Cross Traffic Assist and Active Side Guard Assist 2.

Scotseal X-treme HD Keeps Vehicles on the Road

Mon, 04/27/2026 - 11:00
Reliability is crucial in the world of heavy-duty vocational vehicles. When it comes to operating in harsh environments and demanding applications such as waste management, construction, mining, and forestry operations, vehicle equipment is constantly pushed to its limits. It’s these operating conditions that drive the development of the latest innovation from SKF Automotive: the Scotseal X-Treme HD seal.

BP Passes Exxon to Emerge as Top Oil Stock During Iran War

Mon, 04/27/2026 - 09:23
BP, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war as it reaps “exceptional” trading profits.

Oil Prices Rise With Iran Talks at Impasse

Mon, 04/27/2026 - 09:20
Brent crude to be delivered in July, which is where most of the trading is happening in the oil market, rose 2.3% to $101.38 per barrel.

Hormuz Loss of a Billion Barrels Is Set to Crash Oil Demand

Mon, 04/27/2026 - 08:41
The longer the strait stays closed, the more consumption is going to have to recalibrate lower to align with supply that has dropped at least 10%.

United CEO Says Merger Talks With American Have Ended

Mon, 04/27/2026 - 08:12
United Airlines CEO Scott Kirby on April 27 outlined the reasons for a merger, but said talks went nowhere because American didn’t go along.

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