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Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs

Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.

May 1, 2025

Experts Dissect Challenges of Hydrogen Fueling Infrastructure

Hydrogen adoption faces infrastructure hurdles as industry shifts from billion-dollar hub plans to practical solutions. Experts highlight ethanol conversion and cost concerns.

May 1, 2025

Ports Post Cargo Growth in March, but Possible Slowdown Looms

Container volume grew at U.S. ports in March despite uncertainty around tariffs.

May 1, 2025

Wex Launches Payments for Private EV Charging

Payment processing provider Wex has launched fleet card payments for electric vehicle charging at private sites.

May 1, 2025

Schneider Reports Revenue and Earnings Growth in Q1

Schneider reported year-over-year increases in revenue and earnings during the first quarter of 2025, the company said May 1.

May 1, 2025

House Votes to Overturn California Ban on Gasoline Cars

The U.S. House voted 246-164 to roll back an EPA authorization issued under former President Joe Biden, which let California ban gasoline-powered cars by 2035.

May 1, 2025

Trade War Leads CPKC Railway to Lower 2025 Guidance

Canadian Pacific Kansas City cut its financial outlook for this year due to the uncertainty caused by the U.S. administration’s tariff and trade policy.

May 1, 2025

General Motors Trims 2025 Guidance

General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto tariffs as high as $5 billion in 2025.

May 1, 2025

Tesla Chair Denies Reported CEO Search and Backs Elon Musk

Tesla's chair denied a report that said board members started a search for a CEO to succeed Elon Musk, saying directors are “highly confident” in his abilities.

May 1, 2025