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US Commits to $7.54B Loan for Stellantis EV Battery Plants

Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind. 

December 2, 2024

US Cyber Weekend Sales Rose 9%

Cyber Weekend e-commerce sales grew 9% in the U.S. this year, up from 6% in 2023, according to data from Salesforce.

December 2, 2024

Canada Tells Trump Its Border Differs From Mexico’s

TORONTO — Canada’s ambassador to the U.S. said Prime Minister Justin Trudeau was successful in getting President-elect Donald Trump to understand that lumping Canada in with Mexico is unfair.

December 2, 2024

Great Lakes Region Prepares for More Snow

ORCHARD PARK, N.Y. — Parts of the Great Lakes region saw new snow Dec. 2 and faced the prospect of even more this week after U.S. travelers battled harsh weather to get home after Thanksgiving.

December 2, 2024

Stellantis CEO Carlos Tavares Steps Down

NEW YORK — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker amid an ongoing struggle with slumping sales.

December 2, 2024

Senate Approves TSA Clearance Bill for Truckers

The Senate recently passed the bipartisan Transportation Security Screening Modernization Act, a bill meant to facilitate commercial drivers’ applications for security credentials.

November 27, 2024

Mexico Warns Against ‘Inflationary’ US Tariff Plan

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.

November 27, 2024

European Markets Slide on Trump’s Trade War Warning

Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.

November 27, 2024

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024