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Tesla Co-Founder Straubel鈥檚 Battery Firm Redwood Cuts Dozens

Tesla co-founder JB Straubel鈥檚 battery recycling firm,聽Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects.

November 25, 2025

UPS, FedEx, Others Face Long-Term Effects of MD-11 Grounding

The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an 鈥渦ndeterminable period,鈥 creating havoc for UPS, FedEx and a Florida-based carrier.

November 25, 2025

Barak Turovsky, GM's Head of AI, Leaves Automaker

General Motors' chief AI officer is out, marking the loss of another聽Silicon Valley聽alum as the company works to bulk up staffing to support聽tech innovation聽at the Detroit automaker.

November 25, 2025

Consumer Confidence in November Slides to Lowest Since April

U.S. consumers were much less confident in the economy in November in the aftermath聽of the government shutdown,聽weak hiring聽and stubborn inflation.

November 25, 2025

Canada Delays Trade Data After US Shutdown

Statistics Canada said it will not publish October trade data as was scheduled on Dec. 4. The agency had previously confirmed September聽numbers聽would be postponed.

November 25, 2025

PrePass, Vermont Launch App in State to Speed Truck Travel

Vermont鈥檚 Department of Motor Vehicles and the PrePass Safety Alliance have activated mobile bypass technology at two inspection sites, enabling faster travel for approved trucks.

November 25, 2025

Iconic Illinois Foundry Reopens Focused Just on Brake Drums

The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.

November 25, 2025

Daimler Truck鈥檚 Rizon Brand Expands US Dealership Network

Daimler Truck announced Nov. 24 that its Rizon brand has expanded its sales network into Arizona, Washington, New York and New Jersey through new dealership partnerships.

November 25, 2025

Trump, Xi May Hold 4 Meetings in 2026

Treasury Secretary Scott Bessent鈥檚 comments come after Trump and Xi spoke on Nov. 24, their first conversation since the two leaders met in Busan, South Korea, in October.

November 25, 2025

September Retail Sales Rise Despite Consumer Caution

The value of retail purchases, not adjusted for inflation, increased 0.2% after a 0.6% gain in August, Commerce Department data showed, after being delayed due to the government shutdown.

November 25, 2025