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An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.

Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.

The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.

President Donald Trump’s deal to lower tariffs against China for 90 days is expected to spur a surge of pent-up cargo and further market volatility, according to experts.

U.S. businesses are under pressure to import goods while higher tariffs are on pause, and they’re simultaneously navigating complex filing rules when their cargo crosses the border.

“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.

“This is a very consequential moment for the G-7 in the world,” Canadian Finance Minister Francois-Philippe Champagne told reporters May 20.

The EU has shared a revised proposal with the U.S., as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a deal can be reached.

Now that freight trains are reaching Asheville, N.C., again, Norfolk Southern says it has turned its attention to restoring its tracks that connect the mountains with the rest of the state.

ATA and the U.S. Chamber of Commerce are opposing a proposed federal investigation into whether the importation of medium- and heavy-duty trucks and parts poses a threat to national security.