(Chris Ratcliffe/Bloomberg News) Amazon.com Inc. and Walmart Inc. are among large multinational companies that have recently discussed issuing their own stablecoins in the U.S., the Wall Street Journal reported, citing unidentified people. Expedia Group Inc. and airlines have held similar deliberations, the WSJ said. Stablecoins are crypto tokens typically pegged to a currency like the ...more
The JBS Beef Production Facility in Greeley, Colo. (Michael Ciaglo/Bloomberg) Brazilian meat giant JBS expects its shares to begin trading June 13 on the New York Stock Exchange. Trading in New York is a long-held goal for JBS, which was founded 72 years ago and is now one of the world’s largest meat companies. Half ...more
For now at least, most traders are viewing current events through the lens of recent history. (Ali Mohammadi/Bloomberg) The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. The barrage of headlines has revived memories of the political upheavals ...more
“It’s very slow here seasonally,” Seroka said. (Eric Thayer/Bloomberg) Import volume through the busiest trade hub in the U.S. fell 19% from the month before, a fallout from President Donald Trump’s tariffs. “It’s very slow here seasonally,” Port of Los Angeles Executive Director Gene Seroka told reporters June 13. Seroka warned that U.S. businesses are ...more
Tesla's robotaxi service is scheduled to roll this month in Austin,Texas. (Tesla) The Trump administration is taking steps that would make it easier for automakers to deploy-self driving cars without driver controls, a potential boon to the ambitions of Tesla Inc. and rivals looking to put robotaxis on U.S. roads in the near future. Current ...more
A serious crash involving a semi truck was reported in downtown Louisville, Kentucky, on Friday morning. The crash occurred around 10 a.m. on June 13 on the I-65 ramp near the Kennedy Bridge in Louisville.Images captured at the scene show a burning semi truck hanging from the overpass. After falling off the I-65 ramp, the ...more
On the CDLLife App, real drivers share their real experiences—the good, the funny, and the helpful. This week: Meet Boomer! Boomer spent seven months at the Olathe, Kansas animal shelter before finding his forever home with a truck driver looking for a loyal companion. Thanks to his generous sponsor, Vickie Nelson, Boomer was adopted fully ...more
Love’s Travel Stops opened a new location in West Jefferson, Ohio, adding dozens of truck parking spaces to the company’s network. The new Love’s is located off I-70 at 540 Timmons Way in West Jefferson, according to a June 13 announcement from the company.Amenities include: More than 13,500 square feet80 truck parking spacesSix bobtail parking spacesLove’s ...more
A truck driver is facing assault charges and more after evading police for three days following the alleged assault of a woman in Michigan earlier this week. The incident started at about 5:45 a.m. on June 7th in the 5000 block of Argyle Street. According to CBS News, police were called to the home on reports ...more
A trucker in his late twenties was found dead inside of his truck cab at a travel plaza in Iowa earlier this month. The incident occurred on June 6th near Meskwaki Settlement, Iowa, but the press release was not issued until June 12th. According to the Meskwaki Nation Police Department, police were called to the Meskwaki ...more
