27 Sep Supply Chain Hall of Fame to Open in Arkansas Next Year The Council of Supply Chain Management Professionals will build its new Supply Chain Hall of Fame in Rogers, Ark., the organization’s board of directors said. Read more...
27 Sep Pemex Faces Oil Trading Team Exodus Amid Pricing Review Petroleos Mexicanos’ head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nation’s crude price formulas, people familiar with the matter said. Read more...
27 Sep Port of Virginia Wins Award for Local Expansion Project Lloyd’s List chose Virginia’s port for its “excellence in port management and infrastructure” award. Read more...
27 Sep Bollinger Introduces Electric Trucks Bollinger Motors debuted its four-door, all-electric SUV and pickup trucks. Read more...
27 Sep Uber to Cut 300 Jobs in Bay Area Uber Technologies has chopped 300 jobs in the Bay Area, including hundreds in San Francisco and dozens in Palo Alto, a state government filing shows. Read more...
27 Sep Consumer Spending Rises 0.1% in August WASHINGTON — American consumers boosted their spending by just 0.1% in August, the smallest gain in six months, even as their incomes rose at a solid pace. Read more...
27 Sep Durable Goods Orders Edge Up 0.2% in August WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a slight increase in August but a key sector that tracks business investment plans declined, likely reflecting fallout from President Donald Trump’s trade wars. Read more...
26 Sep Tesla Surges on Musk Seeing Shot at 100,000-Delivery Quarter Tesla Inc. shares climbed the most since June after Elon Musk said in an email to employees that the carmaker has a chance to top the vehicle-delivery record it set in the second quarter. Read more...
26 Sep A 12,000-Mile Trip May Be in Vain Due to Iran Oil Sanctions More than two months and 20,000 kilometers (12,000 miles) ago, the tanker Da Yuan Hu left Singapore and headed to Mexico to pick up a shipment of crude oil. On Sept. 26, with less than two weeks to go until it reaches its destination, its long quest could be in jeopardy. Read more...
26 Sep Congress Clears Temporary Federal Funding Bill for Trump In an 82-15 vote, the Senate cleared legislation for President Donald Trump’s signature to avert a shutdown of federal agencies. Read more...