03 Oct In Search of Bipartisanship, Congressional Leaders Point to Transportation Bill The ongoing impeachment inquiry of President Donald Trump in the U.S. House of Representatives threatens to halt the legislative agenda for the rest of the year and possibly longer, but a comprehensive transportation policy bill is still on the table as the issue remains one of the few vestiges of bipartisanship on Capitol Hill. Read more...
03 Oct Coal State Pennsylvania Is Joining Carbon Market Pennsylvania, the heart of the U.S. shale-gas boom and one of the biggest coal-producing states, is joining a carbon market. Read more...
03 Oct Technology Should Be Majority Player in Supply Chain, Coyote Says Supply chain managers should give AI and other technologies 60% of tasks, according to a recent report by Coyote Logistics, a UPS Inc. subsidiary based in Chicago. Read more...
03 Oct Services Gauge Drops to Three-Year Low America’s service industries joined manufacturing in taking a big step back last month, fueling concerns that the global slowdown and trade war are weighing more on the broader economy. Stocks, the dollar and Treasury yields all fell after the report. Read more...
03 Oct Class 8 Orders Off 71% From Year-Ago Levels North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier. Read more...
03 Oct China’s Soy-Buying Spree May Signal Prudence Before Talks Chinese firms have been snapping up U.S. soybeans this week, but don’t mistake this as a sign of buyer confidence in upcoming trade talks. Read more...
03 Oct Weak Jobs Outlook Echoes Disaster-Hit Months The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. Read more...
03 Oct Pepsi Says Higher Prices Haven’t Quenched Consumer Demand PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown. Read more...
03 Oct US to Put Tariffs on European Planes, Whiskey After WTO Ruling President Donald Trump got the go-ahead from the World Trade Organization to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. The award is the largest in WTO history. Read more...
03 Oct Tesla’s Summon-Your-Car Feature Spurs Safety Inquiry The top U.S. road-safety regulator is gathering information about a Tesla Inc. feature that allows customers to remotely call for their car to pick them up. Read more...