A truck driver involved in a fatal black ice crash has been sentenced to 90 days in jail after he “admitted he closed his eyes and did nothing” during the accident. Truck driver Borys Bakhtiarov was sentenced to 90 days in jail, one year probation, and $1,220 in fines and ...more
US Shale Output Has Peaked as Prices Fall, Diamondback Says
A Diamondback Energy oil rig in Midland, Texas. (Callaghan O'Hare/Bloomberg) Diamondback Energy Inc., the largest independent oil producer in the ...more
Diesel Price Dips 1.7¢ to $3.497 a Gallon
Diesel’s price has dropped 14.2 cents over four straight decreases. (vitpho/Getty Images) The national average diesel price ticked down 1.7 ...more
GM Names Duncan Aldred New North America Leader
Duncan Aldred. (General Motors) General Motors Co. on May 5 named Duncan Aldred the new president of the automaker’s North ...more
ADM Profit Shrinks to Lowest Since 2020
(Daniel Acker/Bloomberg News) Archer-Daniels-Midland Co.’s earnings shrunk to the lowest level since the pandemic as a difficult crop trading market ...more
Continental Earnings Hit Four-Year High on Cost Cuts
Stronger tire replacement demand across all regions helped offset lower car production in Europe and North America. (Continental AG) Continental ...more
Trade Deficit Widens to Record on Pre-Tariffs Import Surge
A ship arrives at the Port of Los Angeles in April. (Eric Thayer/Bloomberg) The U.S. trade deficit widened to a ...more