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Think Tank
Feature Stories: Page 109
U.S., China to Suspend Reciprocal Port Fees for One Year
China’s comments come just hours after trade representative Jamieson Greer said the U.S.’s focus is still very much on reviving American shipbuilding.
Tariffs Drive Volkswagen to First Quarterly Loss in 5 Years
Volkswagen estimates that Trump administration tariffs will cost the company more than $5.7 billion by the end of the year.
Halloween Costs Surge in Face of Tariffs, Cocoa Shortage
Tootsie Roll Lollipops saw the biggest price bump at 34%, following by Tootsie Roll variety packs at 32%, and Hershey variety packs at 22%.
Virgin Trains May Run Chunnel Service
Virgin will first need to enter into a commercial agreement with Eurostar, secure finance, access to track and stations, and get safety approvals from U.K. and EU authorities.
U.S. Auto Plants Weeks Away From Chip Shutdowns, Lobby Group Says
General Motors Co. CEO Mary Barra told investors the chip constraints “have the potential to impact production.”
GM Temporarily Cuts 5,500 Workers, Citing EV Pressure
GM had been lobbying to keep EV tax credits in place, and has been trying to make its EVs cheaper to prop up demand.
Struggling to Stay Green in the Time of Trump
Even as federal policy pulls back, the work of building a cleaner, low-carbon future is continuing in states and communities determined to make progress on their own terms.
Toyota Says It Did Not Promise Trump $10B Investment in U.S.
A Toyota executive said the topic of investment did not come up when Akio Toyoda, the firm’s chairman, spoke with Trump at a U.S. embassy event on October 28.
Boeing’s Q3 Shows Mixed Results
Analysts said that the size of the 777-9 charge was disappointing, but that they were encouraged by the company’s overall direction.
U.S. Blocks Some Cargo, Passenger Flights from Mexico in Trade Spat
After dismissing recent diplomatic engagements as insufficient, the DOT has made it clear that the freeze on Mexican carrier growth will remain in place.
Caterpillar Tops Estimates as Sales Soar on Energy Equipment
Revenue from its main operating segments rose 10% to $16.7 billion, led by the energy and transportation unit.
Shipbuilding Revival in Louisiana Showcases Hi-Tech Capabilities
The future, in Louisiana, at least, lies in building more modest vessels that make the most of advanced technology, rather than giant containerships, bulk carriers and tankers.
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