Amazon will pay $1 billion in civil penalties and will refund $1.5 billion to customers to resolve allegations that it misled millions into signing up for Prime and then made it hard to cancel.
September 25, 2025Latest News Updates From Bloomberg News
Trump鈥檚 Steel Tariffs Trigger Counterstrikes From Neighbors
Mexico, Brazil and Canada are each seeking to negotiate with the Trump administration to reduce the tariffs, but they鈥檙e also focused on blocking the rising tide of cheap Chinese supply.
September 25, 2025US Steel Approves $300 Million in Nippon Steel Spending
U.S. Steel approved a $300 million investment to upgrade some of its facilities, advancing part of an $11 billion commitment by Nippon Steel after its takeover of the steelmaker earlier this year.
September 24, 2025Diesel Traders Bet on Price Spike as Russia Refineries Hit
For global supply chains, any price increase matters because Russia remains one of the world鈥檚 most important suppliers of diesel, a fuel essential for trucking, shipping and agriculture.
September 24, 2025Mercedes Contract Manufacturer to Cut One-Third of Staff
European carmakers are contending with excess capacity as Chinese manufacturers take a larger share of the market, with the EV segment in particular suffering from weak demand.
September 23, 2025US Lawmakers Call for Fair Market Access in Rare China Visit
The trip may contribute to stabilizing ties ahead of a possible meeting between Presidents Xi Jinping and Donald Trump on the sidelines of the APEC summit in South Korea next month.
September 22, 2025Canada, Mexico Lay Out Action Plan Before USMCA Review
The Canadian and Mexican leaders committed to coordination ahead of a high-stakes review in 2026 of their trade pact with the U.S. as President Trump鈥檚 tariff threats put the accord at risk.
September 19, 2025Shippers Warn IMO Net-Zero Plan Could Cost $300B by 2035
The IMO has set a goal of net zero for shipping by midcentury and next month aims to formally adopt a plan that would see ships pay levies for at least some of their emissions.
September 19, 2025Tesla Eyes Safer Door Handle Design Amid NHTSA Scrutiny
Franz von Holzhausen, Tesla鈥檚 longtime design chief, said the company is looking to combine the electronic and manual door-release mechanisms, which are currently in separate locations.
September 17, 2025UK Pauses Push to End US Steel Tariffs Before Trump Visit
As President Donald Trump heads to the U.K. for a state visit, Prime Minister Keir Starmer has punted negotiations on removing U.S. steel tariffs, according to a source.聽
September 16, 2025Trending
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