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Durable Goods Orders Rise for First Time in Three Months

New orders placed with U.S. factories for durable goods rose in February for the first time in three months, suggesting firms are somewhat optimistic about the direction of the economy.

March 26, 2024

UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023

UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

March 26, 2024

China to Challenge Biden’s EV Plans at the WTO

BEIJING — China filed a World Trade Organization complaint against the U.S. on March 26 over what it says are discriminatory requirements for electric vehicle subsidies.

March 26, 2024

Baltimore Bridge Collapses After Cargo Ship Rams Into It

BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.

March 26, 2024

Ontario Opens $30M Commercial Vehicle Inspection Station

Ontario has opened a new commercial vehicle inspection station for trucks traveling westbound on Highway 11/17, a primary Trans-Canada Highway route, into the Port of Thunder Bay.

March 25, 2024

Colorado Court Schedules Kroger-Albertsons Hearing in August

A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.’s proposed acquisition of rival Albertsons Cos. in mid-August.

March 25, 2024

Diesel Price Nudges Up to $4.034 a Gallon

The national average diesel price edged up six-tenths of a cent to $4.034 a gallon in its second consecutive modest increase, according to Energy Information Administration data released March 25.

March 25, 2024

Tesla Staff Ordered to Demo Full Self-Driving Mode to Buyers

Tesla Inc. staff are now required to install and demonstrate the company’s driver-assistance technology before handing cars over to buyers in North America.

March 25, 2024

Lucid Surges on $1 Billion Lifeline From Saudi Investor

Lucid Group is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled EV maker with a needed lifeline.

March 25, 2024

Biden Enacts Fiscal 2024 Bills

Enactment of a fiscal 2024 funding package by President Joe Biden on March 23 paves the way for negotiations on next fiscal year’s funding measures.

March 25, 2024