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Chevron Gets Approval for $53 Billion Acquisition of Hess

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

July 18, 2025

Tesla Settles Over Autopilot Crash With Truck Crossing Highway

Tesla settled a lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3 allegedly failed to avoid a collision with a tractor-trailer crossing a Florida highway.

July 17, 2025

FMCSA Nominee Barrs Touts Workforce, Supply Chain

Derek Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, is recognized as an authority on commercial vehicle safety.

July 17, 2025

US to Impose 93.5% Tariff on Graphite From China

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

July 17, 2025

Port of Long Beach Reports Downturn in June

Cargo slowed at the Port of Long Beach last month but officials said they expect a bounceback in July because of the ongoing pause on tariffs.

July 17, 2025

Alcoa Says Trump Tariff Added $115 Million in Aluminum Costs

Alcoa., the largest U.S. aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter.

July 17, 2025

Truck Parking, Multimodal Projects Among $488M in DOT Grants

Sean Duffy's announcement noted 77% of the funds were allocated to roads and bridges “to reinforce the arteries of the American economy” while $35 million went to port improvements.

July 17, 2025

Trump Says Coca-Cola Agrees to Use Cane Sugar for US Coke

President Donald Trump said in a Truth Social post that Coca-Cola Co. has agreed to use cane sugar in Coke beverages sold in the U.S.

July 16, 2025

Trump’s NHTSA Pick Promises Rapid Self-Driving Deployment

President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy self-driving cars.

July 16, 2025

Duffy Pushes Infrastructure Fixes, Permitting Reform

The aim of his agenda, Sean Duffy explained, is to further invest in freight and commuter connectivity corridors as well as expedite the completion of major infrastructure projects.

July 16, 2025