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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

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,” HakanSamuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”

May 23, 2025

Pacific Coast Highway to Reopen Near Malibu After Fires

An iconic Southern California stretch of the Pacific Coast Highway, closed to outsiders since January’s devastating Palisades Fire, will reopen May 23 in advance of Memorial Day weekend.

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

Samsara Partners With Rivian to Aid Fleet Management

Telematics vendor Samsara is teaming up with electric vehicle manufacturer Rivian, the companies said May 20.

May 22, 2025

60 Seconds: Court Clears Sale of More Ex-Yellow Terminals

The court overseeing the bankruptcy proceedings of Yellow Corp. approved the sale of a further seven terminals, according to a filing.

May 22, 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