Reuters

Government, Fuel

Record Number of Motorists Expected on Roads on July 4 Holiday

LA Traffic Eric Demarcq/Flickr

The number of Americans traveling by car for the Fourth of July holiday will hit a record high this year, fueled by a growing economy and relatively low gasoline prices, the nation’s largest motorists’ advocacy group said June 29.

Reuters | By Andreas Cremer
June 29, 2017
Business

Fire Causes Bridge Collapse on I-85 in Atlanta

WSB-TV

A portion of Interstate 85 collapsed in Atlanta March 30 due to a fire under the bridge, the city's fire and rescue agency said.

Reuters | By Andreas Cremer
March 30, 2017
Business

Daimler Trucks Chief Unexpectedly Steps Down

Krisztian Bocsi/Bloomberg News

Daimler's trucks chief Wolfgang Bernhard, once seen as a candidate to succeed CEO Dieter Zetsche, has stepped down a year before his contract was due to run out, the German carmaker said Feb. 10.

Reuters | By Andreas Cremer
February 13, 2017
Business

Judge Blocks Obama Rule Extending Overtime Pay to 4.2 Million US Workers

TT File Photo

A federal judge on Nov. 22 blocked an Obama administration rule to extend mandatory overtime pay to more than 4 million workers from taking effect, imperiling one of the outgoing president's signature achievements for boosting wages.

Reuters | By Andreas Cremer
November 23, 2016
Business

Mercedes-Benz to Launch Pickup Truck in 2017

Daimler

FRANKFURT, Germany — Mercedes-Benz will launch a pickup truck in late 2017, becoming the first German premium automaker to enter one of the most lucrative segments in the car industry.

Reuters | By Andreas Cremer
October 25, 2016
Business

VW's MAN to Sell Trucks With New Digital Features in 2017

Krisztian Bocsi/Bloomberg News

BERLIN — Volkswagen division MAN will next year start selling heavy-duty commercial vehicles with new digital services to make its trucks more efficient, as VW looks to challenge rivals Daimler and Volvo AB.

Reuters | By Andreas Cremer
September 20, 2016
Business

US Recovers Data Recorder From Sunken Cargo Ship El Faro

Courtesy of NTSB via Reuters

The data recorder from the cargo ship El Faro, which sank near the Bahamas during a Caribbean hurricane in October 2015, has been recovered, offering possible answers about why the vessel went down, the U.S. National Transportation Safety Board said Aug. 9.

Reuters | By Andreas Cremer
August 10, 2016
Business

US Gives Blessing to FedEx-TNT Merger

Reuters

FedEx Corp. and Dutch counterpart TNT Express have won U.S. antitrust permission to merge, according to a listing of approved deals the Federal Trade Commission issued Nov. 24.

Reuters | By Andreas Cremer
November 30, 2015
Business

Volvo to Trim Production in December, January

Reuters

Volvo will cut production in North America in December and January in the face of lower demand and high inventory levels at dealerships, the truck maker said Nov. 19.

Reuters | By Andreas Cremer
November 19, 2015
Business

Jobless Claims Rise; Four-Week Average Lowest Since 1973

Shannon Stapleton/Reuters

The number of Americans filing new applications for unemployment benefits rose marginally, and the underlying trend continued to point to a fairly healthy labor market.

Reuters | By Andreas Cremer
October 29, 2015

Pages