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VW Halts Plans for Audi Factory in US as Tariffs Hit Profit

Volkswagen’s plans for a possible Audi factory in the U.S. aren’t progressing as U.S. tariffs add a burden and talks for local incentives haven’t yielded results, CEO Oliver Blume said.

January 26, 2026

US Natural Gas Logs Record Weekly Gain as Arctic Blast Looms

U.S. natural gas futures for February delivery surged 70% as the market braced for a historic winter storm that’s poised to send temperatures plummeting and boost demand for the heating fuel.

January 23, 2026

Oaktree, Anchorage Buy Into First Brands Bankruptcy Loan

Distressed-debt giants Oaktree Capital Management and Anchorage Capital have amassed positions in the bankruptcy financing for First Brands Group.

January 23, 2026

Federal Agents Take Aim at ‘Cabotage’ in Arizona

Commercial truck drivers holding B-1 visas can haul freight between the U.S. and Mexico but are prohibited from domestic U.S. transport of goods, even if those goods are foreign in origin.

January 23, 2026

DoorDash, Uber Can't Stop NYC Law Requiring 10% Tip Prompt

DoorDash and Uber Technologies lost a bid to block a New York City law requiring a tipping option be presented to customers at checkout from going into effect Jan. 26.

January 23, 2026

US Hits 9 Tankers With Sanctions Over Iranian Oil

The U.S. sanctions aim to prevent the targeted Iranians from doing business with Americans or accessing U.S. accounts. The targeted vessels are from Palau, Panama and other jurisdictions.

January 23, 2026

Efforts to Expand Ethanol Market Suffer Legislative Setback

Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline. But the amendment was scrapped Jan. 22, in a blow to ethanol producers and large refineries.

January 23, 2026

FDIC Approves GM, Ford Industrial Banks for Vehicle Accounts

Industrial banks allow the companies to accept deposits insured by FDIC into savings accounts, which then can generate earnings and greater savings opportunities for consumers.

January 23, 2026

EU to Suspend Planned Countertariffs on $109B of US Goods

The EU will suspend the retaliatory tariffs for another six months after President Donald Trump backed down from his threat to impose levies on some countries that opposed his push to annex Greenland.  

January 23, 2026

Ford’s Top Lobbyist to Depart Company Amid US Policy Turmoil

Christopher Smith, who has led Ford’s global efforts on legislation, regulation and government policies worldwide since 2022, is expected to depart the automaker, Bloomberg reports.

January 23, 2026