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Musk Fights Tariffs on Graphite From China

Elon Musk’s Tesla Inc. is spearheading an effort to block new tariffs on graphite imports from China, pitting Donald Trump’s richest backer against the president’s favorite economic tool.

January 31, 2025

Military Moving System Plagued by Late Pickups, Deliveries

About 1,000 service members have faced late pickups or deliveries of household goods under the initial phase-in of the Defense Department’s revamped system for relocations.

January 31, 2025

Schneider Q4 Profit Rises 19% on Improved OR, Cowan Deal

A 19% gain in fourth-quarter profit at Schneider was propelled by the boost its dedicated operations received from the carrier’s acquisition of Cowan Systems, as well as improvements in its operating ratios.

January 31, 2025

Trump Picks Chris Rocheleau for Interim FAA Chief

President Donald Trump has chosen Chris Rocheleau to lead the Federal Aviation Administration on an interim basis.

January 31, 2025

Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom

Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

January 31, 2025

US Inflation Ticked Higher in December

WASHINGTON — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated.

January 31, 2025

Trump’s Potential Tariffs Are a Wild Card for US Economy

Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price ofĀ  gasoline, pickup trucks, avocados and more.

January 31, 2025

Costco Raises Pay for Top Hourly Workers to Over $30 an Hour

The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.

January 31, 2025

Panama’s President Rejects US Canal Negotiations

ā€œIt’s impossible, I can’t negotiate,ā€ Mulino said when asked about returning the canal to U.S. control. ā€œThat is done. The canal belongs to Panama.ā€

January 30, 2025