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Democrats Push Ahead on New NAFTA in Spite of Trump-Pelosi Feud

Democrats are still holding out hope they can advance the replacement for NAFTA despite ongoing acrimony between President Donald Trump and Democratic congressional leaders, including House Speaker Nancy Pelosi.

May 30, 2019

China Puts US Soy Buying on Hold as Tariff War Escalates

China, the world’s largest soybean buyer, has put purchases of American supplies on hold after the trade war between Washington and Beijing escalated, according to people familiar with the matter.

May 30, 2019

Democratic Presidential Candidate John Delaney Unveils $2 Trillion Infrastructure Plan

A $2 trillion proposal from 2020 presidential aspirant John Delaney would look to improve connectivity along freight routes, transit systems and other corridors through a comprehensive revenue stream.

May 30, 2019

500 Tornadoes in 30 Days Among Highest Reported From Past Seven Decades

The United States has been rocked by 500 tornadoes in the past 30 days with a trapped jet stream in the atmosphere “stuck in neutral,” according to the U.S. Storm Prediction Center.

May 30, 2019

Goods-Trade Gap Widens Second Month to Highest This Year

The U.S. merchandise-trade deficit widened for a second month to the highest level since a record in December as exports dipped.

May 30, 2019

USDA General Counsel Opinion: States Can’t Prohibit Hemp Transportation

While states and American Indian tribes currently can regulate the lawful production and sale of hemp produced under a 2014 law, they may not prohibit the interstate transportation or shipment of the product grown under a program authorized by the U.S. Department of Agriculture, according to a new legal opinion issued by USDA’s general counsel.

May 29, 2019

Eddie Lampert’s Transform Holdco Sues Sears Estate, Demands Trial and $130 Million

The fight over the deal that bought Sears Holdings Corp. out of bankruptcy shows no sign of cooling off.

May 29, 2019

XStream Trucking Seeks Larger Share of Aerodynamics Market

Aerodynamic devices intended to calm turbulence and improve fuel efficiency for heavy-duty vehicles come in many shapes and sizes — from wheel covers to fairings over, under and behind trailers. Now a group of investors has provided additional support to XStream Trucking Inc., whose TruckWings device automatically encloses the area between the tractor and trailer.

May 29, 2019

FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy

FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.

May 29, 2019

Auto Industry’s Weakness Drags Down Global Economic Growth

A decline in global car sales likely reduced world gross domestic product by 0.2% last year, and a flat auto market will continue to dampen global manufacturing indicators in 2019, according to a report by Fitch Ratings on May 28.

May 29, 2019