Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.
December 4, 2024Search
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Nippon Steel Confident It Can Close Widely Opposed US Deal
Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even as the current and incoming presidents oppose the takeover.
December 4, 2024Trump Taps Peter Navarro as Trade Counselor
President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.
December 4, 2024Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024Volatility Retreats in Crude Oil Market
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.
December 4, 2024Losses in China Lead to $5 Billion Charge for GM
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.
December 4, 2024Texas Supreme Court Hears Werner’s $100M Verdict Appeal
Werner attorney Thomas Wright told the court that driver Shiraz Ali could not have foreseen that a pickup truck would suddenly cross an icy divided highway and strike the carrier’s truck.
December 3, 2024Snowstorm Heads for Great Lakes Region Again
Even more snow could be on the way for places in the Great Lakes region that are still digging out after days of storms caused deadly wrecks and buried some towns under nearly 6 feet of snow.
December 3, 2024Small Business Owners Brace for Trump’s Proposed Tariffs
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.
December 3, 2024GM Adds Over 132,000 Heavy-Duty Pickups to Recall
DETROIT — General Motors is adding over 132,000 heavy-duty pickups to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park.
December 3, 2024