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Caterpillar Says It Will Take $1.8 Billion Hit on Tariffs

The main reason the company revised its outlook is the section 232 tariffs on steel and aluminum, an analyst says.

August 29, 2025

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, 2025

Canada 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, 2025

Canada’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, 2025

Ford 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, 2025

Apple, 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, 2025

Mexico 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, 2025

Ports 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, 2025

Trump 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, 2025

EPA 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