Latest News Updates From Bloomberg News

GovernmentBusinessTechnologyEquipmentFuel

California EV Incentives Stall as Federal Credit Nears End

The pending expiration of federal rebates sets the stage for a nationwide rush of EV buying before the $7,500 federal credit expires.

August 11, 2025
BusinessTechnologyEquipmentSafety

CATL Mine Shutdown in China Sparks Global Lithium Rally

The lithium mine closure has spurred speculation that Beijing might move to suspend other projects as it tackles overcapacity across the economy.

August 11, 2025
BusinessTechnology

Lyten Buys What鈥檚 Left of Northvolt in Europe

The deal includes Northvolt鈥檚 flagship factory and a research and development facility, both in Sweden, and the site of a future factory in Germany.

August 7, 2025
GovernmentBusinessGlobal Freight

Maersk Raises Outlook on Back of Resilient Demand Outside US

CEO Vincent Clerc described conditions in the U.S. as subdued, owing to the uncertainty from trade tariffs.

August 7, 2025
GovernmentBusinessEquipmentLogistics

Copper Gains After Trump Spares Refined Metal From Tariff

Copper rose as traders digested President Donald Trump鈥檚 decision to spare the most traded form of the metal from his 50% tariff, while a mine accident in Chile raised supply concerns.聽

August 4, 2025
GovernmentBusinessTechnologyEquipment

BMW Strikes Back at Tesla With Longer-Range EVs

The聽 iX3 SUV will be the first of 40 new or updated models.聽鈥淲e鈥檙e 109 years old, and it鈥檚 by far the biggest single investment into one architecture we鈥檝e ever done,鈥 CEO Oliver Zipse said.

August 4, 2025
BusinessTechnologyAutonomous

Joby Buys Helicopter Ride-Share Business for $125 Million

The electric aviation pioneer seeks to expand its battery-powered air taxis into a ready-made market for its aircraft.

August 4, 2025
GovernmentBusiness

Trump Tariff Blitz Unleashes Delayed Shock to Global Economy

At an average of 15%, the world is still facing some of the steepest U.S. tariffs since the 1930s, roughly six times higher than they were a year ago.

August 1, 2025
BusinessLogistics

CSX Working With Goldman Sachs to Explore Options, Sources Say

CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger.

July 31, 2025
GovernmentBusiness

Trump Delays 50% Brazil Levy, Excludes Orange Juice, Embraer

President Donald Trump delayed the implementation of 50% tariffs on Brazilian exports by seven days while exempting many products from the punishing levy.

July 30, 2025