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Ford CEO Says Rare Earth Supply Is ‘Day to Day’

Ford continues to struggle to obtain rare earth magnet supplies that are essential to car production and have already forced a temporary shutdown of one of its factories.

June 13, 2025

Amazon, Walmart Consider Issuing Own Stablecoins: Report

Amazon and Walmart are among large multinational companies that have discussed issuing their own stablecoins in the U.S., the Wall Street Journal reported, citing unidentified people.

June 13, 2025

JBS Shares to Begin Trading on NYSE

Brazilian meat giant JBS expects its shares to begin trading June 13 on the New York Stock Exchange.

June 13, 2025

Producer Price Index Rises Less Than Forecast in May

The Labor Department reported June 12 that its producer price index rose 2.6% in May. Producer prices rose 0.1% from April to May after dropping 0.2% the month before.

June 12, 2025

Marelli Wins Approval for $518.9M Bankruptcy Loan

The loan, which is being provided by Deutsche Bank and other senior Marelli lenders, will need to be approved in two stages, which is typical in large corporate bankruptcy cases.

June 12, 2025

Global Trade Activity Slows After Tariff-Driven Surge

The IMF is seeing signs that the rise in trade and activity to front-run President Donald Trump’s tariffs is beginning to unwind as the global economy still faces heightened uncertainty.

June 12, 2025

Trump’s China Deal Offers Reset, Not Breakthrough

After fresh negotiations in London, tariff rates remain essentially unchanged. Rare earth shipments from China are set to return to pre-April 2 conditions.

June 12, 2025

Trump Removes California Emissions Waiver

President Donald Trump on June 12 hosted a signing ceremony at the White House with freight and trucking executives to formally roll back a Biden-era emissions policy.

June 12, 2025

Estes Eyes 14,000 Doors in 2026 After Buying Yellow Terminals

Estes Express Lines is boosting its terminal capacity as it incorporates assets acquired from bankrupt motor carrier Yellow, President and Chief Operating Officer Webb Estes said.

June 12, 2025