A Pennsylvania trucking company owner has been accused of depositing a counterfeit U.S. Treasury check into his company’s account. On May 28, 2025, Rashu D. Powell, 51, was indicted on one count of bank fraud, according to the U.S. Attorney’s Office for the Middle District of Pennsylvania.Officials say that in July 2024, Powell deposited a ...more
A trucking company and a power company are both shirking responsibility after a semi truck took down a low-hanging power line in a Houston neighborhood. The incident occurred on Detering Street in the Rice Military neighborhood of Houston, Texas, earlier this month. According to Click2Houston, the semi truck, operating for 6G Transport, drove down Detering Street ...more
Trump to Appeal Ruling Against Tariffs
President Donald Trump in the White House on May 28. (Chris Kleponis/CNP/Bloomberg) President Donald Trump’s appetite for new tariffs remains undeterred, even after a court hit his signature duties with their most devastating blow yet. White House officials quickly signaled May 29 that Trump will pursue many of the same levies through other legal authorities, ...more
Toyota to Sell Seven EV Models in US
Camry vehicles produced at the Toyota plant in Georgetown, Ky. (Luke Sharrett/Bloomberg) Toyota Motor Corp. is betting Americans are ready for more U.S.-made electric vehicles. And if they aren’t, it has a plan: exports. Production of two American-made all-electric models is slated to begin next year, joining three new imported EVs Toyota aims to have ...more
Ford Recalls 1 Million Vehicles Over Rearview Camera Issue
(David Zalubowski/AP/file) Ford Motor Co. issued a recall for over 1 million of its vehicles on May 9 due to a rearview camera software issue, according to the National Highway Traffic Safety Administration. The recall affects 44 products across its Ford and Lincoln brands in the United States. Among those are certain Ford Bronco, Mustang ...more
Economy Falls 0.2% in First Quarter
Shoppers load groceries at Costco store in Burbank, Calif. (Damian Dovarganes/AP/File) WASHINGTON — The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said May 29 in a slight upgrade of its initial estimate. First-quarter growth ...more
Farmers Press for Biofuels Boost to Counter Tariff Losses
A combine harvester cuts, threshes and cleans soybeans during a harvest in Waynesfield, Ohio. (Matthew Hatcher/Bloomberg) After losing their biggest export market due to Donald Trump’s trade wars, U.S. farmers are now counting on the president’s support for biofuels to prevent their next crop from piling up in storage. The administration is set to soon ...more
Chevron Plans Nearly 800 Layoffs in Permian Basin
A Chevron Corp. oil drilling rig in the Permian Basin near Midland, Texas. (Daniel Acker/Bloomberg) Chevron Corp. plans to lay off nearly 800 employees in the Permian Basin, its biggest oil-production operation globally. The bulk of the reductions will come from Chevron’s Midcontinent campus on the outskirts of Midland, Texas, the company said in a ...more
Trade Court Blocks Most Trump Tariffs, Ruling They’re Illegal
President Donald Trump announces his "Liberation Day" tariffs on April 2 in the Rose Garden at the White House in Washington. (Mark Schiefelbein/Associated Press) WASHINGTON — A federal court on May 28 blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency powers law, swiftly throwing into doubt Trump’s signature set of ...more
Ford Says Michigan Battery Plant at Risk if Tax Credits Cut
Ford Executive Chair Bill Ford at the initial 2023 announcement of the battery plant planned for Marshall, Mich. (Bill Pugliano/Getty Images) Ford Motor Co.’s plan to make electric vehicle batteries at a new site in Michigan would be put at risk if Congress cuts federal incentives for clean energy, the company’s chair said. The plant ...more