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Costco Vows to Pass Tariff Refunds on to Customers

As other tariffs on China have been lowered, the company has also cut prices on affected items, including certain textiles, bedding and cookware.

Photo: iStock / slobo

VW Looks to Cut 50K Jobs by End of Decade

VW CEO Oliver Blume told shareholders that the company's post-tax profits fell by roughly 54% year-over-year in 2025.

A Volkswagen plant in Mosel, Germany. Photo: iStock / aquatarkus

Airlines Face ‘Existential Threat’ From War, Deutsche Bank Says

Jet fuel prices in the U.S. have surged during the war in the Middle East — more than doubling on a year-to-date basis.

Photo: iStock.com/Sjo

Belgian Judges Sound Alarm Over Expanding Drug Trade at Ports

Antwerp Court of Appeal President Bart Willocx warned that Belgium has become increasingly vulnerable to drug smuggling at its busiest shipping hubs.

Photo: iStock / VanderWolf-Images

Anthropic Sues Pentagon Over 'Supply Chain Risk' Designation

The company accused the DOD of using the label to punish Anthropic for refusing to allow the Pentagon to use its AI for mass surveillance and autonomous weapons.

Photo: Samyukta Lakshmi / Bloomberg

Businesses Brace for Lengthy Battle Over IEEPA Tariff Refunds

Companies remain caught between a court ruling that invalidated the tariffs, and a government that has yet to fully acknowledge how it intends to unwind them.

Photo: iStock / Douglas Rissing

Iran Conflict Sends Shockwaves Through Global Shipping, Air Freight

Marine Traffic estimates that tanker transits through the Strait of Hormuz were down by 90% between February 25 and March 4.

Photo: iStock / FarzadFrames

U.S. to Offer $20B Reinsurance Program for Strait of Hormuz Shipping

President Donald Trump had previously vowed to offer insurance guarantees and possible U.S. Navy escorts to oil tankers transiting the Strait of Hormuz.

Photo: iStock / 35007

Iran Moving a Lot of Oil Through Hormuz, Satellite Tracker Says

Tehran has sent at least 11 million to 12 million barrels through the waterway since the war began on February 28.

Photo: iStock / HeliRy

Reinventing the Factory Floor: Can It Attract a Younger Generation of Workers?

Eddy Azad believes the new wave of robotics is remaking the factory floor into an environment that promises to attract a new generation of human workers.

Photo: iStock.com/Eduard Figueres

Maersk Suspends More Container Services Due to Middle East Risks

Transport through the Strait of Hormuz remains at a near standstill as the Middle East war disrupts the vital waterway.

The Maersk Campton container ship. Photographer: Thierry Monasse/Getty Images via Bloomberg

Judge: Customs Already Has a Mechanism for Tariff Refunds

“They do it every day. They liquidate entries and make refunds,” said Richard Eaton, a judge of the U.S. Court of International Trade

Photo: iStock / Douglas Rissing

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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