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‘Spotter’ in 2017 Staged Accidents in New Orleans Pleads Guilty

The sixth member of a New Orleans-area ring that has staged accidents with unsuspecting tractor-trailers has pleaded guilty for his role as a “spotter,” or untruthful witness.

June 3, 2020

Survey: 2.76 Million Layoffs in May, Far Fewer Than Expected

U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.

June 3, 2020

American Farmers Can’t Wash Their Hands of All This Corn

American corn farmers are feeling better about their prospects with billions more in government aid and optimal growing conditions. There’s only one downer — demand.

June 2, 2020

Ex-Navistar CEO Daniel Ustian, SEC Reach $500,000 Settlement

The U.S. Securities and Exchange Commission’s yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.

June 2, 2020

OPEC+ Edges Closer to Compromise to Extend Deepest Ever Cuts

OPEC and its allies edged closer to a consensus on extending production cuts to prop up the oil market, even as wrangling continued for a third day about whether to bring forward their next meeting.

June 2, 2020

Rise in Rail Shipments a Sign of Rebound in Canada

One of Canada’s railways is seeing signs the economy is slowly bouncing back from the coronavirus pandemic.

June 2, 2020

Senate Panel to Meet for Infrastructure Discussion June 4

Senators on the committee responsible for highway policy are scheduled to meet June 4 to review infrastructure concerns with the mayor of Louisville, Ky., and other stakeholders.

June 2, 2020

Nebraska DOT Nears Construction of Fremont Beltway Project

Nebraska Department of Transportation officials announced they have secured a construction schedule for a major beltway project with the help of financial support from local representatives.

June 2, 2020

Diesel Gives Back Increase, Falls 0.4¢ to $2.386

The nationwide average price of a gallon of diesel fell 0.4 cents to $2.386, erasing the same increase from a week earlier, according to the Energy Information Administration.

June 1, 2020

China Halts Some US Farm Imports, Threatening Trade Deal

Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods, including soybeans, as Beijing evaluates the ongoing escalation of tensions with the U.S. over Hong Kong, according to people familiar with the situation.

June 1, 2020