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GM Signs Domestic Rare-Earth Deal to Lower Reliance on China

The latest agreement and two others will allow GM to get the majority of rare-earth magnets it sources directly from domestic suppliers.

August 6, 2025

Uber Boosts Buybacks by $20 Billion After Upbeat Forecast

The company said it has an opportunity to reach more consumers by cross-selling its rideshare and delivery services and adapting them to a wider range of customer needs.

August 6, 2025

Rivian Deepens Loss Forecast as Fuel Credit Market Shrinks

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

August 6, 2025

Carney Considers Select Rollback of Canada Counter-Tariffs

Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.

August 6, 2025

Eaton Q2 Profit Inches Lower as Costs Outpace Revenue Bump

Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.

August 5, 2025

Williams Sees LNG Share Topping 25% Of US Gas Market

The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.

August 5, 2025

Musk Seeks Dismissal of Tesla Stock-Sale Suit

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

August 5, 2025

Heavy Truck Battery Swap Station Is Test Case for Cities

Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.

August 5, 2025

Federal Proposal Would Ease Out-of-Sight Drone Restrictions

The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.

August 5, 2025

Trailer Flooring Market Sees Few Changes, R&D Spending Grows

Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.

August 5, 2025