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Amazon to Offer Same-Day Grocery Deliveries in 2,300 Cities

Amazon’s expansion of same-day delivery suggests the company believes it can shift more food spending online.

August 13, 2025

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, 2025

Pony 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, 2025

US 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, 2025

Venture 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, 2025

Corn 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, 2025

Panama 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, 2025

Bankrupt 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, 2025

US 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, 2025

Cargill’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