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Trucks in China Make Switch From Diesel to Electric

More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.

June 3, 2025

Joby Considers Air Taxi Deal Worth Up to $1 Billion

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

June 3, 2025

Trump Trade War to Hobble US Growth, OECD Says

U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.

June 3, 2025

Manufacturing Activity Shrank in May for Third Straight Month

U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.

June 3, 2025

Uber Promotes Company Veteran to Chief Operating Officer

Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.

June 2, 2025

Canada Premiers Pitch Carney on Pipelines, Ports and Mines

Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.

June 2, 2025

Group That Won Trade Ruling Wants Tariffs Halted During Appeal

A group of small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal.

June 2, 2025

Nevada Readies for Daytime Headlights Law for Rural Highways

Nevada is proactively installing road signs three years before a law takes effect that will alert motorists to always turn their headlights on while traveling on rural two-lane highways.

June 2, 2025

Trump Seeks Xi Call as Rare Earth Clash Escalates

After the U.S. and China agreed to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.

June 2, 2025

Update: Oregon, Vermont Halt Zero-Emission Truck Mandates

Industry groups are urging more states to reconsider aggressive EV truck mandates, pointing to Oregon and Vermont’s recent moves as models.Ěý

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June 2, 2025