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, 2025Government, Business, Fuel
Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Government, Business
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, 2025Government, Business, Fuel, Logistics
Trumps 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, 2025Government, Business, Logistics
Panamas President Rejects US Canal Negotiations
Its impossible, I cant negotiate, Mulino said when asked about returning the canal to U.S. control. That is done. The canal belongs to Panama.
January 30, 2025Government, Business, Logistics
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 hes still considering whether to include oil from those countries as part of his import taxes.
January 30, 2025Government, Business, Safety
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, 2025Government
House Leaders Eye Late February for Budget Blueprint
House Republican leaders recently outlined a timeline for kicking off the procedures for passing budget legislation meant to reflect President Donald Trumps list of policy priorities.
January 30, 2025Government, Business, Safety
Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries
Uber filed a racketeering suit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents to take advantage of New Yorks no-fault insurance policies.
January 30, 2025Government, Business, Logistics
Committee on Freight Policy Examines Panama Canal Operations
A Senate panel on Jan. 28 took aim at Chinas involvement with operations at the Panama Canal and examined President Donald Trumps economic strategy linked to travel by U.S. ships through the facility.
January 30, 2025Government, Business, Technology, Safety
Infrastructure Shows Effects of Climate Change
Worldwide warming temperatures are hammering roads that were built for a different climate, ballooning repair budgets and sometimes cutting off communities from goods and services.
January 30, 2025