Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.
Category: News
Tariffs Could Have Major Implications for Trucking
Trucking experts said President Donald Trump’s 25% tariffs on goods imported from Canada and Mexico could have major implications for the industry and across supply chains.
Colorado Crackdown Spreads to I-70 for Tire Chain Violators
A new enforcement effort on the I-70 mountain corridor in Colorado will ensure truckers comply with a new law requiring drivers carry tire chains regardless of weather conditions.
BlackRock Buys Panama Canal Ports
CK Hutchison has agreed to sell shares of its units that operate the ports near the Panama Canal to a consortium including BlackRock.
Continental to Pass Along Tariff Costs to Customers
Continental AG will try to pass on the cost of tariffs imposed by President Donald Trump to its customers, according to the German parts maker’s finance chief.
Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.
Uber Teams With Waymo on Robotaxi Rides in Austin, Texas
Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers.
Uber Teams With Waymo on Robotaxi Rides in Austin, Texas
Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers.
China Slaps Extra Tariffs on Major US Farm Imports
China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.
China Slaps Extra Tariffs on Major US Farm Imports
China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.