The main reason the company revised its outlook is the section 232 tariffs on steel and aluminum, an analyst says.
August 29, 2025Search
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Oregon Could Join Hawaii in Mandating Per-Mile Fees for EVs
Hawaii was the first state to create a mandatory road usage charge program to make up for decreases in fuel tax revenue due to the growing number of electric, hybrid and fuel-efficient cars.
August 29, 2025Canada Vows Stronger Action on Cheap Steel Imports
Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.
August 28, 2025Canada’s EQB Sees Sharpest Stock Drop Since 2020
High unemployment and interest rates have historically contributed to more people defaulting on their mortgages, particularly in the Greater Toronto Area.
August 28, 2025Ford Recalls 355,000 Pickups Over Dashboard Display Failure
An instrument panel display failure has resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
August 28, 2025Apple, Nvidia Lead Historic Corporate Buyback Wave
Announced buybacks surpassed $1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level, according to data compiled by Birinyi Associates.
August 28, 2025Mexico Moves to Raise Tariffs on China, Bolstering US Ties
The tariff hikes, expected for imports including cars, textiles and plastics, aim to shelter domestic manufacturers from Chinese competition, according to people briefed on the matter.
August 27, 2025Ports See Strong July Cargo Gains From Tariff Frontloading
The Port of Los Angeles reported its busiest month on record with container volume increasing 8.5% to 1,019,837 20-foot-equivalent units from 939,600 last year.
August 27, 2025Trump Slashes $175 Million From California Rail Projects
Trump has long been a critic of the project, which has been marred with cost overruns and constant delays, arguing that the effort has wasted taxpayers’ dollars.
August 27, 2025EPA Moves to Block California’s Roadside Emissions Checks
This time EPA is targeting the California Air Resources Board’s Clean Truck Check law, also known as the Heavy-Duty Inspection and Maintenance Program.
August 26, 2025