Grassley Presses Senate to Tackle Cargo Theft Losses
"Criminal action must be met with criminal punishment," Grassley said. (Eric Lee/Bloomberg) The leader of the Senate Judiciary Committee recently called on colleagues to approve legislation designed to reduce cargo theft nationwide. At a hearing July 15, Sen. Chuck Grassley (R-Iowa), the influential chairman of the panel, listed myriad benefits ...more
Trump Says Again He’ll Set Unilateral Tariffs in 2 Weeks
(Yuri Gripas/Bloomberg) President Donald Trump said he intended to send letters to trading partners in the next one to two ...more
Amazon Exerts More Control Over Whole Foods
(Graeme Sloan/Bloomberg) Amazon.com Inc. is exerting more control over Whole Foods Market, largely ending the independence the grocery chain had ...more
Trump to Block California’s Vehicle Emissions Rules
A driver charges her Tesla in Long Beach, Calif. (Damian Dovarganes/AP) WASHINGTON — President Donald Trump is expected to sign ...more
Producer Price Index Rises Less Than Forecast in May
Excluding volatile food and energy prices, wholesale costs were up 0.1% from April and 3% from May 2024. (David Zalubowski/Associated ...more
Marelli Wins Approval for $518.9M Bankruptcy Loan
The company will return to court in the coming weeks to seek final approval from U.S. Bankruptcy Judge Craig Goldblatt ...more
Global Trade Activity Slows After Tariff-Driven Surge
U.S. data earlier this month showed the largest-ever plunge in imports during April. (Chris Ratcliffe/Bloomberg) The International Monetary Fund is ...more