The development could increase pressure on First Brands, which has been considering whether to file for bankruptcy to raise a rescue loan after halting a $6 billion refinancing in August.
September 25, 2025Search
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Economy Expanded at a Surprising 3.8% Pace in Q2
The Commerce Department had previously estimated second-quarter growth at 3.3%.
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, 2025US Sets Stage for Tariffs on Industrial Machinery, Robotics
The Trump administration launched investigations into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties.
September 24, 2025Trump FMCSA Nominee Derek Barrs Awaits Senate Vote
President Donald Trump’s pick to lead the Federal Motor Carrier Safety Administration is among the nominees expected to be considered by the Senate soon.
September 24, 2025DOT Seeks Industry Input on Cargo Theft Risks
The Department of Transportation is casting a wide net for stakeholder suggestions about how to deter thieves acting on impulse and organized criminals from stealing cargo.
September 24, 2025US Shale Bosses Say Industry Is ‘Broken’
A commenter in a Federal Reserve Bank of Dallas energy survey wrote: “What was once the world’s most dynamic energy engine has been gutted by political hostility and economic ignorance.â€
September 24, 2025US Lowers Tariffs on EU Autos to 15%
The move cements the terms of the framework trade agreement the two sides struck this summer.
September 24, 2025Zoox Seeks NHTSA Approval for Driverless Car Deployment
The exemption Zoox is seeking would allow the company to operate as many as 2,500 self-driving cars on U.S. roads.
September 24, 2025NHTSA Investigates Rivian Delivery Vans Over Seat Belts
In multiple instances, the steel braided cable connecting the belt to the seat frame has frayed or broken.
September 24, 2025