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Trump’s Oil Tariffs Set to Reshape Global Trade Flows

The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs.

March 4, 2025

Phillips 66 Board Battle Heats Up as Elliott Nominates Seven

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

March 4, 2025

Tariffs Could Have Major Implications for Trucking

President Donald Trump on March 6 issued a second monthlong reprieve on a slate of 25% tariffs on Canada and Mexico, just two days after implementing the long-threatened levies.

March 4, 2025

Colorado Crackdown Spreads to I-70 for Tire Chain Violators

A new enforcement effort on the I-70 mountain corridor in Colorado will ensure truckers comply with a new law requiring drivers carry tire chains regardless of weather conditions.

March 4, 2025

BlackRock Buys Panama Canal Ports

ÌýCK Hutchison has agreed to sell shares of its units that operate the ports near the Panama Canal to a consortium including BlackRock.

March 4, 2025

Continental to Pass Along Tariff Costs to Customers

Continental AG will try to pass on the cost of tariffs imposed by President Donald Trump to its customers, according to the German parts maker’s finance chief.

March 4, 2025

Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.

March 4, 2025

Uber Teams With Waymo on Robotaxi Rides in Austin, Texas

Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers.

March 4, 2025

Heist: Sneaky with Sneakers, $2 Million Worth of Nikes Stolen

Thieves have targeted freight trains running through the deserts of California and Arizona in a string of audacious heists resulting in the theft of more than $2 million worth of new Nike sneakers, including many that haven’t hit the retail market yet, according to officials and court documents.Ìý

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March 3, 2025