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Sysco Helps Restaurants Caught in Trade War

Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trump’s tariffs. 

May 27, 2025

Trump Says He’ll Delay Threatened EU Tariff Until July

President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

May 27, 2025

Economic Factors Bombard Truck Makers From All Angles

Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.

May 23, 2025

JBS Overcomes Backlash to Secure NYSE Debut

The Brazilian company’s reorganization plan that has been years in the making received the votes it needed from minority shareholders at a meeting in Sao Paulo, JBS said in a filing.

May 23, 2025

Volvo Cars CEO Insists R&D Direction Not Shifting to China

“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”

May 23, 2025

Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman’s Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an “extremely attractive” price.

May 23, 2025

Trump Threatens 50% Tariff on EU as Trade War Intensifies

President Donald Trump on May 23 threatened a 50% tax on all imports from the European Union as well a 25% tariff on Apple products unless iPhones are made in America.

May 23, 2025

Steelworkers Head Urges Trump to Reject Nippon Bid

The comments are likely a final salvo from David McCall, who has stood in opposition of U.S. Steel’s proposed sale to the Japanese suitor since the deal was announced in December 2023.

May 22, 2025

House Backs Electric Vehicle, Hybrid Fees in Budget Bill

A massive House-passed tax and budget measure promises to return a federal account central to transportation maintenance projects to solvency.

May 22, 2025