Cruise Sponsorship Patch Now Part of Giants’ Jerseys
Cruise, which offers a driverless ride-hailing service in San Francisco, now has a patch with the company logo on the shoulder of San Francisco Giants players' jerseys.
August 4, 2023Nikola Hires GM Veteran Steve Girsky as CEO
Nikola Corp. is tapping a former General Motors Co. vice chairman to serve as its CEO, replacing the current CEO after less than a year of running the electric truck maker.
August 4, 2023Employers Add a Solid 187,000 Jobs in July
WASHINGTON — U.S. employers added 187,000 jobs in July, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5%.
August 4, 2023Amazon Profits, Revenue Surge in Q2
NEW YORK — Amazon on Aug. 3 posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.
August 3, 2023Yellow Closure Reshuffles LTL Sector
Less-than-truckload carrier Yellow Corp.'s ceasing of operations on July 30 after nearly 100 years in business is causing an upheaval for both its customers and the broader LTL market.
August 3, 2023Schneider Sees Drop in Q2 Earnings
Schneider National on Aug. 3 announced that both income and revenue fell during the second quarter.
August 3, 2023Ohio Turnpike to Launch More Complex Toll Structure
The Ohio Turnpike is preparing to overhaul the way it calculates tolls starting this fall, which will help the turnpike’s finances but have varying effects on motorists’ wallets.
August 3, 2023Weaker Truck Sector Tire Demand Induces Q2 Loss at Goodyear
Weaker demand from the U.S. and European commercial truck sectors resulted in a second-quarter 2023 loss at Goodyear Tire & Rubber Co.
August 3, 2023GXO Beats Wall Street Predictions, Boosts Q2 Profit 27%
GXO Logistics, the contract logistics provider that was spun off two years ago from its parent company XPO, reported stronger-than-expected second-quarter results on Aug. 2.
August 3, 2023Saudi Arabia Extends Oil Production Cut Through September
DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.
August 3, 2023