Hedge fund MFN and its affiliate objected to confirmation of the plan because they believe the unsecured creditors will have too much influence on where the funds are dispersed.
November 18, 2025Search
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Analyst Says Machinery Maker Caterpillar Isn't AI Darling
Caterpillar was always an unlikely winner in the AI craze. It makes the bulk of its money selling the equipment like yellow earth movers that has made it a stalwart of American industry.
November 18, 2025CBP Sting in New York Hands 30 CDL Holders to ICE
The Nov. 8-11 dragnet, called Operation Bear Cave, focused on intercepting immigrants holding state-issued CDLs but who lacked permanent legal status driving commercial vehicles.
November 18, 2025NTSB Finds 2 Blackouts Disabled Ship That Hit Key Bridge
Investigator Todd Gianelloni said the NTSB believes that if the crew had used infrared thermal imaging to inspect the connections, the loose critical wire might have been discovered ahead of time.Â
November 18, 2025Kroger Closes 3 Automated Fulfillment Centers
Kroger said it will close facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, and will monitor the performance of its five remaining facilities.
November 18, 2025Say Goodbye to the Ford Focus
The last unit, a white five-door hatchback, rolled off the line at the Saarlouis plant in Germany this month, marking the end of a car that sold more than 12 million units worldwide, Ford said.
November 18, 2025Toyota Lays Out $912M Plan to Boost US Hybrid Production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative, the world’s biggest carmaker said in a statement.Â
November 18, 2025FMCSA Wants More Details From California on CDL Compliance
Agency's letter to the state Department of Motor Vehicles outlined a series of actions California must take to rectify what FMCSA has determined are problematic processes and systems.
November 18, 2025Mexico Concedes Airport Slots to US for Travel, Freight
Sheinbaum said that talks with U.S. carriers will go on but the feeling is that cargo airlines are satisfied with the agreement over slots at two airports.
November 18, 2025Atlantic LNG Freight Rates Surge to Highest Since Early 2024
The spot rate to hire an LNG vessel for delivery from the U.S. to Europe jumped 19% to $98,250 per day, the highest since January 2024. Costs to hire a tanker in the Pacific Ocean also jumped 15%.
November 18, 2025