Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.鈥檚 Prime program, according to a person familiar with the plans.
July 7, 2020Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Biden Promises to Bolster US Medical Equipment Supply Chain
Joe Biden is promising to shift production of medical equipment and other key pandemic-fighting products 鈥渂ack to U.S. soil,鈥 creating jobs and bolstering a domestic supply chain he says has been exposed as inadequate and vulnerable by the coronavirus outbreak.
July 7, 2020White House Wants Stimulus by August Recess With $1 Trillion Cap
The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence鈥檚 top aide.
July 7, 2020Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley
Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an 鈥渆xtraordinary鈥 rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don鈥檛 recommend buying Tesla shares.
July 7, 2020I-440 Project in Nashville Wraps Ahead of Schedule
A major Interstate 440 reconstruction project has been completed ahead of schedule, Tennessee government officials recently announced.
July 7, 2020Electric Vehicles Are Starting to Buoy the Global Metals Market
The market gloom over the metals that will power the cars of the future is starting to lift.
July 7, 2020FHWA Announces Funding Opportunity for Technology Grants
The Federal Highway Administration recently announced the availability of $60 million in grant funding for groups working on projects that involve transportation technologies.
July 7, 2020Diesel Continues Slow, Steady Upward Climb
The national average retail price of diesel rose for the fifth consecutive week, up seven-tenths of a cent to $2.437 a gallon.
July 6, 2020McConnell Expects New Virus Relief Bill by End of Month
Senate Majority Leader Mitch McConnell predicted Congress will pass one final coronavirus rescue package later this month and appealed to everyone in public life to urge people to wear masks to control the spread.
July 6, 2020US Stocks Rally, Sending Nasdaq to Record High
U.S. stocks jumped, with tech shares pushing the Nasdaq Composite to a record high. The dollar fell for a fifth day and Treasuries dipped.
July 6, 2020