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Toyota Industries Posts Profit Growth as Tariff Impact Hits

This could be Toyota Industries' last fiscal year as a publicly listed company as it is the subject of a take-private proposal from the Toyota group.

February 3, 2026

China to Ban Hidden Door Handles on Cars Starting in 2027

Vehicles including Tesla’s Model Y and Model 3, BMW’s iX3, and other models by many Chinese brands feature retractable car door handles that could be subject to the new rules.

February 3, 2026

Oil Tanker Rates Spike on Iran Tensions, Tight Supply

Last week’s speculations about escalating tensions between Iran and the U.S. prompted a rush from charterers to secure vessels ahead of any potential supply disruption, shipbrokers said.

February 3, 2026

Newsom's New EV Rebate Framework Would Boost Musk's Tesla

California Gov. Gavin Newsom outlined plans for a $200 million electric vehicle subsidy in the state that would represent a major boost to Elon Musk’s Tesla and other EV makers in the state.

February 2, 2026

Natural Gas Futures Cool on Warmer Outlook

While frigid temperatures are still gripping the southern U.S., natural gas futures plummeted Feb. 2 as weather forecasts for mid-February shifted significantly warmer.

February 2, 2026

Florida Eyes $50,000 Carrier Fine for Undocumented Drivers

A bill is moving through both legislative chambers in Florida that would allow impoundment of a commercial vehicle with a $50,000 fine if the owner has an undocumented driver operating it.

February 2, 2026

Manufacturing Activity Expands by the Most Since 2022

The strength in demand reflected a decline in a measure of customer inventories, which contracted by the most since mid-2022. Lean customer stockpiles could boost factory orders and production.

February 2, 2026

Trump Says He Plans to Lower Tariffs on India to 18%

The move comes after months of Trump pressing India to cut its reliance on cheap Russian crude. Trump said that India would also start to reduce its import taxes on U.S. goods to zero.

February 2, 2026

Administration to Create Strategic Reserve for Rare Earths

The White House confirmed on Feb. 2 the start of “Project Vault,” which would initially be funded by a $10 billion loan from the U.S. Export-Import Bank and nearly $1.67 billion in private capital.

February 2, 2026

US Container Imports Ended 2025 in 4-Month Skid on Tariffs

The U.S., previously a leader in growth rates for container shipping, is now lagging much of the world. Inbound volumes in December dropped 6.4% from a year earlier to 1.9 million TEUs.

February 2, 2026