News

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.
Walmart is hiring an executive from Instacart to accelerate its use of artificial intelligence as one of the world’s largest retailers looks to bolster its competitive edge.
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of CEO Elon Musk’s ability to lift the stock price with his vision of a self-driving future.
Member states could be ready to accept a 15% tariff and EU officials are pushing to have that cover sectors including cars.
C&S Wholesale Grocers is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash.
U.S. trailer orders experienced a surprising surge in June, soaring on an annual and sequential basis as buyers took action after months of sitting on the sidelines, ACT Research reported.
The number of new Tesla vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles.
“Canada will not accept a bad deal. Our objective is not to reach a deal whatever it costs,” Prime Minister Mark Carney told reporters after meeting with the country's provincial leaders.
“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.
Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.
At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.
Treasury Secretary Scott Bessent said he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks.