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Pershing Square Buys Amazon Stake After 31% Stock Price Drop

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

May 23, 2025

Samsara Partners With Rivian to Aid Fleet Management

Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.

May 22, 2025

60 Seconds: Court Clears Sale of More Ex-Yellow Terminals

The court overseeing the bankruptcy proceedings of Yellow Corp. approved the sale of a further seven terminals, according to a filing.Ěý

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May 22, 2025

Steelworkers Head Urges Trump to Reject Nippon Bid

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.

May 22, 2025

From Crickets to Click-Throughs

These days, YouTube has expanded to offer tools that enable companies to personalize their content, cash in on the podcast frenzy, facilitate in-video purchasing and more.

May 23, 2025

House Backs Electric Vehicle, Hybrid Fees in Budget Bill

A massive House-passed tax and budget measure promises to return a federal account central to transportation maintenance projects to solvency.

May 22, 2025

Chinese Imports Expected to Surge Amid 90-Day Tariff Pause

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.

May 22, 2025

EV Charging Rates Go Dynamic

Nearly 40% of the country’s 10,700 public fast-charging stations recently started adjusting rates often and aggressively, based on myriad factors that skew the supply-demand equation.

May 22, 2025

Northvolt to Stop Production at End of June Without Buyer

Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.

May 22, 2025