A semi truck lost its brakes on Interstate 70 in Colorado on Wednesday afternoon, sending a car crashing all the way through its trailer.  The accident happened at 3 p.m. on Wednesday, June 4th in Silverthorne, Colorado along Interstate 70. According to 9 News, a semi truck was heading west on I-70 when it lost its ...more

Police say a truck driver found burned on the side of a Michigan roadway likely set himself on fire after pulling off the road.  The driver’s body was found on June 4th at approximately 3:45 p.m. near Ann Arbor Township, Michigan. According to The Detriot News, police were called to the scene after witnesses reported a ...more

Marcelo Ebrard by Stephania Corpi/Bloomberg Mexico will ask President Donald Trump’s administration this week to be exempted from an increase in steel tariffs to 50%, the country’s economy minister said June 3. “It’s not fair and it’s unsustainable. We will present our arguments on Friday to exclude Mexico from this measure,” Marcelo Ebrard said during ...more

(Martin Prescott/Getty Images) Bipartisan legislation seeking to enhance consumer protections in the moving industry was recently approved by a Senate committee. The Household Goods Shipping Consumer Protection Act, sponsored by Sen. Deb Fischer (R-Neb.), aims to boost certain Federal Motor Carrier Safety Administration guidelines to reassure consumers about securities and protections in the business of ...more

A worker prepares to wrap cold drawn stainless steel bars at a factory in Sheffield, England. (Dominic Lipinski/Bloomberg) The U.K. is contending with a new five-week deadline to finalize its trade agreement with the U.S. after President Donald Trump spared the country’s steel and aluminum exports from a doubling of existing tariffs. The U.K. was ...more

(Nam Y. Huh/AP) Hiring decelerated to the slowest pace in two years as sectors including business services, education and health shed jobs, pointing to a weakened demand for workers. Private-sector payrolls increased by 37,000 in May, according to ADP Research, lower than all estimates in a Bloomberg survey of economists. That marked the second month ...more

Trump and Xi at the G20 Summit in 2019. (Susan Walsh/AP) President Donald Trump said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce between the world’s two largest economies will hold. China and the U.S. are ...more

EU Trade Commissioner Maros Sefcovic in April. (Jean-Francois Badias/Associated Press) PARIS — Europe and the United States are meeting in Paris to negotiate a settlement of a tense tariff spat with global economic ramifications between two global economic powerhouses. The European Union’s top trade negotiator, Maros Sefcovic, met June 4 with his American counterpart, U.S. ...more

The Morning Midas ship on fire in the Pacific Ocean. (USCGAlaska via X) A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles. The fire aboard the Morning Midas occurred about 300 ...more

The body of an automobile at the Mercedes-Benz Digital Factory Campus in Berlin. (Krisztian Bocsi/Bloomberg News) Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production. Mercedes-Benz Group and BMW are in talks with suppliers to prevent shortages of components ...more