June Truck Orders Drop 36% From Last Year
A Mack truck in production at the company's Lehigh Valley, Pa., manufacturing plant. ACT's preliminary data showed orders in June decreased 36% year over year and 28.8% from May's level. (Ryan Collerd/Bloomberg News) North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially ...more
Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas
Tesla unveiled its Cybercab in October 2024. (Tesla) DUBAI, United Arab Emirates — Elon Musk said that he expects hundreds ...more
Amazon Issues Backdated Refunds in Policy Review
An Amazon spokesperson acknowledged May 20 that refunds are being sent to customers but declined to specify how many or ...more
Ford’s EV Battery Plant May Add Nissan to Client List
The Japanese automaker wants to source batteries in the U.S. in part to avoid President Donald Trump’s tariffs. (Kiyoshi Ota/Bloomberg) ...more
ATA Endorses Modern Worker Empowerment Act
The Modern Worker Empowerment Act would establish a comprehensive test for arriving at a worker classification. (welcomia/Getty Images) WASHINGTON — ...more
Trump Team Resists Nvidia, Upholds AI Export Curbs to China
Nvidia chips in Taipei, Taiwan. (I-Hwa Cheng/Bloomberg) The Trump administration will maintain efforts to keep advanced artificial intelligence technology out ...more
G-7 Ministers Tread Carefully Amid US Trade Tensions
Bessent — who has emerged as one of President Donald Trump’s chief trade negotiators — is expected to speak with ...more