15 Nov German Industrial Job Losses Top 80,000 With Daimler Cuts Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000. Read more...
14 Nov Eaton Reports Higher Q3 Net Income, Lower Revenue Eaton Corp. reported higher net income in the third quarter amid lower revenue as its electrical segments led the gains. Read more...
14 Nov New Jersey Seeks $640M From Uber for Misclassifying Workers TRENTON, N.J. — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-booking company misclassified its drivers as independent contractors. Read more...
14 Nov West Coast Ports Report Lackluster October Three West Coast ports saw significant drop-offs in cargo volume last month, the latest indication that the United States’ long-simmering trade dispute with China is impacting operations at the nation’s ports. Read more...
14 Nov Shell Unveils Natural Gas Engine Oil COLLEGE STATION, Texas — Shell Lubricants announced a new natural gas engine oil Nov. 14, one of the first of its kind to meet standards to operate in natural gas, diesel and gasoline engines. Read more...
14 Nov Fleets Grapple With Question: How Many Subscriptions Do We Need? Trucking executives are increasingly confronting the same proliferation of decisions that vex consumers who are shopping for online video services — to subscribe or not to subscribe? Read more...
14 Nov US House Could Vote Week of Nov. 18 on Temporary Funding Bill Amid Looming Shutdown U.S. House Speaker Nancy Pelosi indicated the chamber would vote as early as the week of Nov. 18 on legislation to temporarily fund the government. Read more...
14 Nov Consumer Reports Finds Vehicle Redesigns Come With Glitches DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable. Read more...
14 Nov US Chickens Headed to China After Beijing Lifts 5-Year Ban WASHINGTON — China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal. Read more...
14 Nov Quality Trails Quantity in US Job Market, Index Shows If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate, according to new research. Read more...