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Trump Signals He’ll Approve Nippon Bid for US Steel

President Donald Trump said U.S. Steel will keep its headquarters in Pittsburgh in a possible signal that he’ll approve a bid by Japan-based Nippon Steel to invest in the steelmaker.

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,” 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