Business
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Carlos Ghosn to Be Indicted on New Charges April 22, NHK Says
Carlos Ghosn will be indicted on a fresh round of charges April 22 as Japanese prosecutors pursue their case against the former chairman of Nissan Motor Co., broadcaster NHK reported April 19.
Anthony Foxx, Andrew Wheeler, Shoshana Lew to Participate in Infrastructure Week 2019
Not to be confused with the occasional White House announcement of an “infrastructure week,” the actual Infrastructure Week is scheduled for May 13-20, with events in Washington and throughout the country.
Louisiana Grand Champion Eric Courville Honed Craft With Navy Service
“I am not amazing.” That’s what Eric Courville says, but his competitors in the Louisiana Truck Driving Championships might dispute that.
Training on Collision Avoidance Tech Is Essential, Industry Experts Say
Training is a critical step when incorporating collision avoidance technology into fleets, according to representatives from the trucking industry.
Tesla’s Elon Musk, SEC Get More Time to Solve Spat Over Tweets
In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25.
Housing Starts Fall in March to Weakest Pace Since 2017
U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers.
Two Texas Oil Towns Among Metros With Fastest Population Growth
Two Texas economies are reaping the benefits from the oil boom in the Permian Basin with people “voting with their feet.”
Coal Prices Are Up, and US Miners Still Can’t Catch a Break
The global coal markets have been on a tear lately. And America’s miners still are tanking.
Sears Estate Sues Eddie Lampert, Claiming Illegal Transfer of Assets
The bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and his hedge fund ESL Investments Inc., claiming they wrongly transferred $2 billion of company assets beyond the reach of creditors in the years leading up to the retailer’s bankruptcy.
Blackstone Group CEO Stephen Schwarzman Sees US-China Deal, No Sign of Recession
The CEO of the world’s largest alternative asset manager is confident the United States isn’t headed toward a recession any time soon and is certain the nation will strike a trade deal with China, Schwarzman said in a Bloomberg Television interview April 18.