08 Jul Mexican President Lopez Obrador to Meet With Trump on USMCA Mexican President Andres Manuel Lopez Obrador will on July 8 hold talks with his U.S. counterpart Donald Trump during a working visit aimed at marking the launch of the new North American trade agreement, the U.S.-Mexico-Canada Agreement. Read more...
08 Jul Boeing Has Settled Almost All Lion Air Crash-Death Claims Boeing Co. said it settled 90% of the wrongful death claims filed in a U.S. court over the 2018 crash of a 737 Max jet operated by Lion Air. Read more...
08 Jul ATA Praises USMCA Pact The trade deal with Canada and Mexico that took effect at the start of the month garnered a strong endorsement from the leadership at American Trucking Associations. Read more...
08 Jul World’s Supply Chain Managers Bask in Their Extended Moment Accustomed to crunch time and performing in a crisis, the world’s supply chain managers are having something of an extended moment in pandemic recovery mode. Read more...
08 Jul Daimler AG Sharpens Cost Cutting With Sales Recovery on Horizon Daimler AG CEO Ola Kallenius will widen cost cuts to shore up returns, even as the German manufacturer signaled demand for cars and trucks has started to recover from the most dramatic slump in decades. Read more...
07 Jul Biden Promises to Bolster US Medical Equipment Supply Chain Joe Biden is promising to shift production of medical equipment and other key pandemic-fighting products “back to U.S. soil,” creating jobs and bolstering a domestic supply chain he says has been exposed as inadequate and vulnerable by the coronavirus outbreak. Read more...
07 Jul Walmart Jumps With Amazon Prime Challenger Nearing Debut Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans. Read more...
07 Jul Biden Promises to Bolster US Medical Equipment Suppy Chain Joe Biden is promising to shift production of medical equipment and other key pandemic-fighting products “back to U.S. soil,” creating jobs and bolstering a domestic supply chain he says has been exposed as inadequate and vulnerable by the coronavirus outbreak. Read more...
07 Jul White House Wants Stimulus by August Recess With $1 Trillion Cap The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence’s top aide. Read more...
07 Jul Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares. Read more...