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Oman walks a diplomatic tightrope over Strait of Hormuz fees, creating a ‘blind spot’ for markets
Oman is using strategic ambiguity as talks over possible Strait of Hormuz fees raise legal, diplomatic and oil market concerns.
Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen
Ford reports it assembled over 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
Trump administration cannot hold migrants without bond hearings past 90 days, court rules
The ruling could affect thousands of migrants detained in Texas, Louisiana and other states under the court’s jurisdiction.
Rivian raises 2026 delivery outlook while Lucid misses Wall Street expectations for second quarter
Rivian is increasing its delivery outlook to between 65,000 and 70,000 EVs, up from 62,000 to 67,000 units.
5 takeaways from President Donald Trump’s interview with CNBC
The president defended his family’s business and said he feels bad that the presidency creates a conflict of interest in any of his children’s investments.
Premier Lacrosse League plans to bring in team owners by 2028 ‘or soon thereafter,’ co-founder says
Paul Rabil told CNBC he’s banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
Jack Smith says ‘we are facing an attack on the rule of law’ under Trump
Former special counsel Jack Smith on Thursday said that under President Donald Trump, “We are facing an attack on the rule of law.” Read more Olympian David Hearn indicted in Reflecting Pool destruction of property case Smith also said that “it angers me” to see career officials at the Department of Justice “demonized” by the […]
Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand
Ford said its EV sales fell by 40.7% during the quarter compared with a year earlier, while sales of its F-Series trucks, including the F-150, declined 11%.
Olympian David Hearn indicted in Reflecting Pool destruction of property case
U.S. Attorney Jeanine Pirro said that David Hearn, by his “own admission … reached down into the pool” to rip up sealant.
Sandwich chain Jersey Mike’s files for IPO, reports 50% same-store sales growth in recent years
Jersey Mike’s has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.