Latest News Updates From Bloomberg News

GovernmentBusiness

If Supreme Court Strikes Tariffs, Wall Street Doubts Refunds

Wall Street heavyweights have struck deals with companies that could be eligible for reimbursement if tariffs are ruled unlawful, yet investors are finding the trade can be had for relatively cheap.

November 14, 2025
GovernmentBusinessSafety

Shutdown Nears End as Senate Passes Deal, House Preps Vote

A record-setting 42-day U.S. government shutdown is on a path to end as soon as Nov. 12 after the Senate passed a temporary funding measure backed by a group of eight centrist Democrats.

November 11, 2025
GovernmentBusinessSafetyLogisticsGlobal Freight

Airlines Cut Flights, With More Cancellations Into Next Week

Airlines across the U.S. have canceled flights as the longest government shutdown in history snarls up air travel and forces thousands of passengers to change their travel plans.

November 7, 2025
GovernmentBusinessSafetyLogisticsFor-HireGlobal Freight

Death Toll From UPS Plane Crash Climbs to 13

The casualties are believed to include Captain Richard Wartenberg, First Officer Lee Truitt and International Relief Officer Captain Dana Diamond, UPS said in a statement. 

November 7, 2025
GovernmentBusinessSafetyLogisticsFor-HireGlobal FreightTop 100

Death Toll Rises to 12 in UPS Cargo Jet Crash in Kentucky

The death toll from a UPS Inc. cargo plane crash rose to 12 as investigators began looking into what caused the fiery Nov. 4 accident near the company’s global hub in Kentucky.

November 5, 2025
GovernmentBusiness

UK Still in Talks With Trump Team Over Steel, Whiskey Levies

The U.S. imposed a 25% tariff on British steel and 10% on the spirit — levies that remain in place despite the U.K. being the first country to reach a trade agreement with Trump.

November 4, 2025
GovernmentBusiness

China Seeks to Buy US Wheat for First Time in a Year

Wheat futures in Chicago jumped as China seeks its first U.S. shipments of the grain in more than a year, following orders for soybeans last week as part of a trade truce between the two nations.

November 3, 2025
GovernmentBusiness

Trump Says Canada Trade Talks Won’t Resume

Asked by reporters aboard Air Force One whether negotiations between the White House and Carney’s government would resume, Trump said: “No, but I have a very good relationship."

October 31, 2025
BusinessTechnologyLogisticsAutonomous

Uber to Invest in Hong Kong Listings of Pony AI, WeRide

Uber invested in the U.S. IPOs of both Pony AI and WeRide, and the new investments reported by Bloomberg would deepen ties with the Chinese robotaxi firms.

October 28, 2025
BusinessTechnologyLogisticsPrivateTop 100

Amazon to Lay Off 30,000 as Cost Pressures Mount

CEO Andy Jassy previously signaled that Amazon’s workforce would get smaller as the company increases its use of artificial intelligence to complete tasks normally handled by people. 

October 27, 2025