Canada’s competition watchdog secured a court order to help its investigation into whether Amazon is abusing its dominant retail position in the market.
July 8, 2025Search
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Trump to Impose 50% Copper Tariff, Delay Drug Duties
“I believe the tariff on copper we’re going to make it 50%,†President Donald Trump said when asked by a reporter what the rate on those products would be.
July 8, 2025Ford Battery Plant Clears Hurdle With Tax Credit Win
A spokesperson said the Michigan facility is on schedule to open next year and will ultimately employ 1,700 workers as the company had projected when it downsized the project in late 2023.
July 8, 2025Lucid Sets Record 749-Mile Run Off Single Charge
An electric car by U.S. manufacturer Lucid has broken the record for the longest journey off a single charge, traveling 749 miles from St. Moritz to Munich.
July 8, 2025Wabtec to Buy Wheel Sensor Maker in $790 Million Deal
Fresh off its $1.78 billion acquisition of an inspection technology firm, Wabtec said July 7 that it is buying Austrian wheel sensor maker Frauscher Sensor Technology Group.
July 8, 2025Daimler Truck Sets $2.34 Billion Share Buyback
Daimler Truck will buy back $2.34 billion of its own shares, continuing a policy of returning cash to shareholders while managing the transition to low-emission vehicles.
July 7, 2025Trump Sends Tariff Threat Letters to Allied Nations
The letters issued July 7 so far appeared to largely be a novel method of again punting a looming July 9 deadline for so-called “reciprocal†tariffs until at least the beginning of August.
July 7, 2025Oregon Backs $100 Million Coos Bay Container Terminal
Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.
July 7, 2025Sales Fall in Q2 for Daimler Truck
Sales fell in the second quarter for German commercial vehicle manufacturer Daimler Truck due to sharply lower sales in the Trucks North America segment.
July 7, 2025Nikola Bankruptcy Leaves Truck Buyers Scrambling
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
July 3, 2025