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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

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 of  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

“It’s impossible, I can’t negotiate,” Mulino said when asked about returning the canal to U.S. control. “That is done. The canal belongs to Panama.”

January 30, 2025

Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he’s still considering whether to include oil from those countries as part of his import taxes.

January 30, 2025

Federal Drug Officials Authorize Testing for Fentanyl

The action clears a path for the Department of Transportation and other federal agencies to begin fentanyl testing for federally regulated occupations like truck drivers.

January 30, 2025

Tesla Completes Wall, Roof Construction at Semi Factory

Tesla’s previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.

January 30, 2025