Amazon’s expansion of same-day delivery suggests the company believes it can shift more food spending online.
August 13, 2025Search
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Chevron-Phillips Venture CPChem Cuts 130 Jobs
The CPChem cuts primarily involve corporate roles including information technology, supply chain management and logistics rather than chemical plants, according to people familiar with the matter.
August 13, 2025Pony AI Nears Goal of 1,000 Robotaxis
The Guangzhou-headquartered firm’s optimism comes as it eyes new markets in Europe. Road testing is being carried out in Luxembourg.
August 13, 2025US July Tariff Revenue Jump Fails to Stop Wider Budget Gap
U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit.
August 13, 2025Venture Global Triumphs Over Shell in LNG Arbitration Quarrel
Venture Global prevailed over Shell in an arbitration case about a contract dispute, capping a two-year fight between the oil giant and the liquefied natural gas exporter.
August 12, 2025Corn Drops With Record US Harvest Even Bigger Than Expected
Chicago corn futures fell to the lowest level in nearly a year after the Department of Agriculture raised its already record-large outlook for the American harvest.
August 12, 2025Panama Canal to Enter Ports Business as Trump-China Feud Stews
The Panama Canal is planning to enter the ports business with a tender for two terminals, a move that comes amid a high-profile clash between the U.S. and China over the waterway.
August 12, 2025Bankrupt Del Monte Tweaks Auction Rules to Attract Bids
Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.
August 12, 2025US Oil Output to Slip in 2026 as Price Decline Slows Drilling
U.S. oil production is now expected to fall in 2026 as prices slide, according to a government forecast, reversing years of growth that propelled the country to the world’s top producer.
August 12, 2025Cargill’s Revenue Hits 4-Year Low Amid Falling Crop Prices
Cargill revenue declined to its lowest point in four years as the largest private company in the U.S. continues to restructure in the face of declining crop prices and a shrinking cattle herd.
August 12, 2025