Latest News Updates From Bloomberg News

GovernmentBusinessLogistics

NYC Congestion Pricing Raises $52M Amid Trump Backlash

New York City鈥檚 congestion pricing raised about $52 million in toll revenue in February as President Donald Trump and Gov. Kathy Hochul remain in a standoff over his bid to end the program.

March 24, 2025
GovernmentBusinessEquipment

Trump Hails Hyundai鈥檚 US Expansion as Tariff Vindication

President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs.聽

March 24, 2025
GovernmentBusinessLogisticsGlobal Freight

US Levies on Chinese Ships Risk 鈥楾rade Apocalypse鈥

A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S.聽It's aimed at curbing China鈥檚 dominance of shipbuilding, logistics and maritime industry.

March 24, 2025
GovernmentBusinessLogistics

China Cuts Back on Small Packages Shipped to US

Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.

March 21, 2025
BusinessFuel

Brookfield Leads Race to Acquire Colonial Pipeline

The investment firm is seen as the strongest contender after final offers were submitted the week of March 10, advancing past rival infrastructure funds and potential strategic buyers.

March 19, 2025
GovernmentBusinessFuel

Trump Approves LNG Exports From Venture Global鈥檚 CP2 Project

The administration has granted Venture Global LNG conditional approval to export natural gas from a planned facility in Louisiana that had stalled under the last administration.

March 19, 2025
GovernmentBusinessLogistics

EU Seeks Talks With Trump Before Retaliatory Tariffs

The EU wants to engage with the U.S., Ireland's Deputy Prime Minister Simon Harris said. 鈥淲e should do that rather than having further announcements and then trying to respond.鈥

March 18, 2025
BusinessTechnology

CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid

The world鈥檚 largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.

March 18, 2025
GovernmentBusinessLogistics

Trump鈥檚 Trade Team Debates Strategy for New Tariff Rollout

President Donald Trump鈥檚 top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.

March 17, 2025
GovernmentBusiness

Trump鈥檚 Trade Wars Tip World to Slower Growth, OECD Warns

The Organization for Economic Cooperation and Development聽predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.

March 17, 2025