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Tesla’s Modest Robotaxi Rollout Staged for Retail Investors

Tesla rolled out its long-promised driverless taxi service to a handful of riders June 22, a modest debut for what Elon Musk sees as a transformative new business line.

June 23, 2025

Fred Smith, FedEx Chairman and Founder, Dies at 80

“It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today,” CEO Raj Subramaniam wrote June 21.

June 22, 2025

NYC Sets Smaller Driver Pay Raise After Uber, Lyft Resistance

New York City on June 20 announced new minimum-pay rules for rideshare drivers, settling on a smaller-than-proposed 5% increase following pushback from Uber Technologies and Lyft.

June 20, 2025

DAT, OTR Settle Dispute Over Outgo Acquisition

A potentially explosive June 17 emergency hearing in the Superior Court of Cobb County in Georgia was canceled after the two companies settled. Neither provided details on what it involved.

June 20, 2025

10 Roads Express Reaches Tentative Agreement With Teamsters

A four-month-long strike at Iowa-based contract carrier 10 Roads Express by members of the International Brotherhood of Teamsters has taken a major step toward resolution.

June 20, 2025

Supreme Court Refuses to Speed Up Challenge to Trump’s Tariffs

The Supreme Court refused to put a challenge to President Donald Trump’s sweeping tariffs on an ultrafast track.

June 20, 2025

Democratic Lawmakers Try to Delay Tesla's Robotaxi Rollout

A group of Democratic lawmakers in Texas is asking Elon Musk to delay the planned rollout of driverless ‘robotaxis’ in the state this weekend to assure that the vehicles are safe.

June 20, 2025

GXO Selects Supply Chain Veteran Patrick Kelleher as CEO

“Patrick is a world-class operator with the relevant experience to lead GXO through its next phase of growth,” GXO Board Chairman Brad Jacobs said.

June 20, 2025

Pentagon Cancels Troubled $17.9B Military Moving Contract

The Pentagon has terminated the $17.9 billion Global Household Goods contract, a controversial program that has been beset by complaints and widespread criticism.

June 20, 2025

QXO Won’t Raise Its Offer for GMS After ϳԹ Depot Bid

QXO won’t raise its $5 billion offer for building products distributor GMS after ϳԹ Depot reportedly made its own bid.

June 20, 2025