Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even as the current and incoming presidents oppose the takeover.
December 4, 2024Trucking 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.
Stellantis CFO Vows to Rebuild Trust After Exit of CEO
Stellantis NV is working to rebuild trust with dealers, suppliers, unions and governments after a period of tension under former CEO Carlos Tavares.
December 4, 2024Trump Taps Peter Navarro as Trade Counselor
President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.
December 4, 2024Volatility Retreats in Crude Oil Market
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.
December 4, 2024Losses in China Lead to $5 Billion Charge for GM
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.
December 4, 2024GXO CEO Wilson to Step Down as Company Spurns Sale Offers
GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.
December 3, 2024Texas Supreme Court Hears Werner’s $100M Verdict Appeal
Werner attorney Thomas Wright told the court that driver Shiraz Ali could not have foreseen that a pickup truck would suddenly cross an icy divided highway and strike the carrier’s truck.
December 3, 2024Exxon Taps Low Carbon Chief to Lead Key Oil and Gas Division
Exxon Mobil Corp. named Dan Ammann as head of its upstream oil and gas business, putting its low carbon president in charge of its most profitable division.
December 3, 2024Snowstorm Heads for Great Lakes Region Again
Even more snow could be on the way for places in the Great Lakes region that are still digging out after days of storms caused deadly wrecks and buried some towns under nearly 6 feet of snow.
December 3, 2024Tally of US Shoppers Slipped During Thanksgiving Weekend
Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending.
December 3, 2024Trending
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