EU to Accept Trump’s Universal Tariff, Seeks Key Exemptions
European Union flags at the European Commission in Brussels. (Mlenny/Getty Images) The European Union is willing to accept a trade arrangement with the U.S. that includes a 10% universal tariff on many of the bloc’s exports, but wants the U.S. to commit to lower rates on key sectors such as ...more
Exxon, Trafigura Protest Colonial Pipeline Changes
(Luke Sharrett/Bloomberg News) Commodities trading giant Trafigura joined oil majors Exxon Mobil Corp. and Chevron Corp. in protesting operational changes ...more
China Cuts Back on Small Packages Shipped to US
"Made in China" labels on packages at a fulfillment center in New Jersey. (Bing Guan/Bloomberg) Chinese companies cut back on ...more
Foxconn Gets First Major EV-Making Client in Mitsubishi
The Mitsubishi Motors logo is displayed at the company's headquarters in Tokyo. (Toru Hanai/Bloomberg News) Hon Hai Precision Industry Co. ...more
BP to Sell Gas Pipeline Stake to Apollo Funds for $1 Billion
(Chris J. Ratcliffe/Bloomberg News) BP Plc said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines — known ...more
FMCSA’s Camire Removed From Website After Brief Appointment
(Federal Motor Carrier Safety Administration and Getty Images) Adrienne Camire’s name has vanished from the Federal Motor Carrier Safety Administration ...more
Trucking Market Shows Signs of Recovery After Long Downturn
“I think we are going to get back to normal, and things are going to get better,” Costello said. (vitpho/Getty ...more