Business

About Business News...

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.

Government, Business

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.

Ma Jie | Bloomberg News
April 19, 2019
Government, Business, Technology, Safety

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.

Eugene Mulero | Senior Reporter
April 19, 2019
Business, Safety

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.

Marissa Gamache | Features Coordinator
April 19, 2019
Business, Technology, Equipment, Safety

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.

Eleanor Lamb | Staff Reporter
April 19, 2019
Government, Business, Fuel

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.

April 19, 2019
Business

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.

Jeff Kearns | Bloomberg News
April 19, 2019
Business, Fuel

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.”

Shelly Hagan | Bloomberg News
April 19, 2019
Business

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.

Will Wade | Bloomberg News
April 18, 2019
Business

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.

April 18, 2019
Government, Business

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.

Heather Perlberg | Bloomberg News
April 18, 2019