23 Aug Trump Orders Biofuel Boost in Bid to Temper Farm State Anger President Donald Trump, seeking to tamp down political fallout in U.S. farm states essential to his re-election, has ordered federal agencies to shift course on relieving some oil refineries of requirements to use biofuel such as corn-based ethanol. Read more...
23 Aug Amazon to Open Another North Carolina Facility HIGH POINT, N.C. — A north High Point warehouse under construction near Interstate 40 will be a delivery station for Amazon.com, the online retail giant confirmed Aug. 22. Read more...
23 Aug Keystone XL Clears Hurdle as Nebraska Court Approves Route TC Energy Corp.’s long-delayed Keystone XL oil pipeline cleared a significant legal hurdle as the Nebraska Supreme Court ruled that regulators’ approval of the conduit’s route through the state was valid. Read more...
23 Aug Powell Says Economy in Favorable Place, Faces Significant Risks Federal Reserve Chairman Jerome Powell said the U.S. economy is in a favorable place but faces “significant risks” as growth abroad slows amid trade uncertainty. Read more...
23 Aug New Home Sales Slid 12.8% in July WASHINGTON — Sales of new U.S. homes fell a sharp 12.8% in July as higher prices and limited inventory sidelined would-be buyers. Read more...
23 Aug With Talks on Ice, Deadline Slips for EU Trade Deal With US The European Union won’t clinch a trade deal with the U.S. by Nov. 1 as originally targeted, according to the bloc’s chief trade negotiator. Read more...
23 Aug Amazon Takes Options to Buy Stake in Cargojet Amazon.com has signed a deal with Cargojet Inc. that would allow the online retailer to buy a stake in the Canadian cargo carrier. Read more...
23 Aug China Hits US With Higher Tariffs on Soybeans, Cars, Oil China announced plans to impose additional tariffs on $75 billion of American goods including soybeans, automobiles and oil — retaliation for President Donald Trump’s latest planned levies on Chinese imports that sent U.S. stock futures tumbling. Read more...
23 Aug DTNA Cites Increase in Active Safety Adoption YOUNTVILLE, Calif. — Executives at Daimler Trucks North America cited an increase in customer take rates for active safety technology and provided updates on the manufacturer’s initiatives to enhance maintenance and customer service during a press event here Aug. 20. Read more...
22 Aug Ideas Abound to Fix Michigan Roads Negotiations are well underway in Michigan government as legislative Republicans and Gov. Gretchen Whitmer look to reach a compromise on the state budget, an issue closely tied this year to finding more money for fixing the roads. Read more...