Employers added 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
Category: News
Walgreens Going Private in $10 Billion Sycamore Deal
The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.
Costco’s Profit Miss Reflects Broader Retail Concerns
Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.
CMA CGM Pledges $20 Billion for US Shipping Expansion
An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.
Congress Approaches March 14 Funding Deadline
Congressional Republicans leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month.
Border States Fear Impact From Tariffs on Canada and Mexico
Political leaders representing states that border Canada and Mexico are sounding the alarm about how tariffs between those countries and the U.S. will impact their local economies.
Auto Reprieve From Tariffs Isn’t Enough to Weather Trade War
President Donald Trump’s reprieve for U.S. automakers from tariffs isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from a trade war.
DHL Subsidiary to Cut 8,000 Jobs in Germany
German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.
Congressional Democrats Question Actions of Musk-Led DOGE
Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.
A. Duie Pyle Enters North Carolina for First Time
A Duie Pyle entered the North Carolina market for the first time in recent weeks, the latest in a series of expansions of the LTL-focused carrier’s footprint and operations.