Latest News Updates From Associated Press

BusinessTechnologyEquipment

VW sales plunge as automaker plans to halve number of brands

The Germany-based company said group sales fell 8.6% in the second quarter to just under 2.1 million vehicles. Sales in China plummeted by more than a third.

July 10, 2026
GovernmentBusinessSafetyFuelLogistics

Iran Will Reopen Hormuz Under Deal With U.S., Officials Say

The U.S. agreement to immediately allow Iran to sell its oil freely represents a major concession that outstrips the terms of Iran’s 2015 nuclear deal with world powers.

June 17, 2026
GovernmentBusinessLogistics

U.S.-Canada Bridge Opening Delayed Over 'Outstanding Issues'

The Gordie Howe International Bridge is jointly owned by Canada and Michigan and was expected to open to traffic later this month.

June 11, 2026
GovernmentBusiness

Trucking Deregulation Champion Bob Packwood Dies

He was the lead Republican cosponsor of the Motor Carrier Act of 1980, which effectively deregulated the trucking industry by reducing government control. 

June 8, 2026
GovernmentBusinessLogistics

U.S. Plans Extra Tariffs of 10% on Most Trading Partners

The report by the U.S. Trade Representative said Canada, Mexico, Taiwan, the U.K. and some other countries would face 10% additional tariffs for allegedly failing to enforce a forced labor import ban.

June 3, 2026
GovernmentBusinessFuelLogisticsAutonomous

Aramco Posts 25% Profit Jump After Shifting From Hormuz

Aramco's East-West Pipeline across Saudi Arabia to the Red Sea is operating at its maximum capacity of 7 million barrels of oil a day.

May 11, 2026
GovernmentBusinessTechnologyEquipmentSafety

Tesla Recalls Some Cybertrucks for Wheel Issue

Tesla is also recalling more than 200,000 Model Y, Model S Model X and Model 3 vehicles because of a software issue that renders the rearview camera inoperable.

May 8, 2026
GovernmentBusinessLogistics

Federal Court Finds Trump's 10% Global Tariffs Illegal

A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued.

May 8, 2026
GovernmentBusinessSafetyFuelLogistics

Iran Creates New Agency to Control Shipping in Hormuz

The move has raised concerns about eroding the freedom of navigation on which global trade depends.

May 7, 2026
GovernmentBusinessSafetyFuelLogistics

OPEC+ Nations Agree to Modest Rise in Production

The commitment from the seven countries to raise production by 188,000 barrels a day comes after a virtual meeting they held April 3.

May 4, 2026

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