Government, Business, Logistics

Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon

A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.

July 31, 2019
Government, Business, Technology

Musk’s Tweets About Tesla Production Raise Questions on SEC Accord

Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.

July 30, 2019
Government, Business, Logistics

US-China Talks Set to Resume as Neither Seems Eager for Deal

Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.

July 29, 2019
Government, Business

China Allows Some Tariff-Free US Cotton, Pork Purchases

The Chinese government has approved several domestic companies to buy U.S. cotton, corn, sorghum and pork without being subject to hefty retaliatory tariffs, according to people familiar with the situation.

July 26, 2019
Government, Business, Technology, Logistics, Top 100

China Rejects FedEx’s Defense for Rerouted Huawei Packages

China rebuffed FedEx Corp.’s claims that it mistakenly rerouted some Huawei Technologies Co. packages to the U.S. and warned that authorities found other violations by the American delivery firm, raising concern the company could face repercussions from Beijing.

July 26, 2019
Government, Business

China Approves Tariff-Free US Soybean Purchases

The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.

July 24, 2019
Government, Fuel

Millions of Barrels of Iran Oil Are Sitting in China’s Ports

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.

July 22, 2019
Government, Business

China Considers Plan to Boost Purchases of US Soybeans

The Chinese government is in discussions with state and privately owned soybean buyers over a plan to raise purchases of U.S. supplies, according to people familiar with the situation.

July 22, 2019
Business, Technology

GM Chinese Ally SAIC Braces for First Decline in Annual Sales in 14 Years

SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter.

July 19, 2019
Business

Car Plant Closings, Corruption Color Detroit Three-UAW Talks

On one side of the bargaining table will be union brass angry about plant closures and embarrassed by scandal. On the other will be auto executives sweating shrinking sales and risky billion-dollar bets to survive an era of disruption.

July 15, 2019