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Lazer Logistics Taps Josh Lee as President

Lazer Logistics appointed Josh Lee as president, effective immediately, the company announced Oct. 14.

October 15, 2025

TrueCar to Go Private in $227 Million Buyout Led by Founder

Scott Painter, who started TrueCar in 2005 and took the company public, will return as CEO after the transaction closes.

October 15, 2025

Walmart on Path to Trillion-Dollar Status After OpenAI Pact

Cracking the trillion-dollar threshold would vault Walmart into a rare group of stocks, one that remains overwhelmingly dominated by technology names.

October 15, 2025

DHL to Invest $349 Million to Expand Logistics in Africa

Most of DHL’s Africa operations, which include warehousing, packaging and supply chain management, are in South Africa, Egypt and Kenya.

October 15, 2025

Stellantis to Invest $13B to Expand US Operations

More than 5,000 new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.

October 15, 2025

Volkswagen’s Scania Opens $2.3 Billion Truck Factory in China

Western heavy-duty vehicle makers’ efforts to gain a foothold in China have so far struggled with a lack of profitability amid local competition.

October 15, 2025

Oil Shippers Face Hefty Fees After China Port Levies

The Chinese fees, which were in a response to a similar move by Washington, have upended Asian oil trading as shippers and traders assess their exposure to charges.

October 15, 2025

Trump Threatens Cooking Oil Trade Ban With China

Cutting off cooking oil trade could have wide-ranging effects for the American heartland and in energy markets. Used cooking oil is a feedstock for biofuels such as renewable diesel.

October 15, 2025

Walmart Partners With OpenAI to Power ChatGPT Shopping

Users will be able to shop Walmart’s assortment directly on ChatGPT by clicking a “buy” button, said Daniel Danker, Walmart’s executive vice president of AI, product and design.

October 14, 2025

The CPI Might Lie — Blame the Shutdown

“Starting now, accuracy is getting worse,” Omair Sharif, president of Inflation Insights, said in an Oct. 9 interview, just over a week into the shutdown.

October 14, 2025