Porsche to cut 5,000 jobs by 2035 under German factory deal
Porsche has reached a landmark agreement with labor representatives to eliminate 5,000 positions across its German operations by 2035, using voluntary measures such as natural attrition, expanded partial-retirement schemes, and severance packages to avoid compulsory layoffs. The deal secures employment…
Austin, TX: Reckless Driver Runs Red Light, Nearly Hits Pedestrian, Gets Stuck at Next Light
A dashcam video shared on Reddit shows a driver in Austin, TX, running a red light at the intersection of E 11th St. and Brazos, nearly hitting a pedestrian who was crossing the street with a pink umbrella. The incident…
Expand Energy to acquire gas marketer Twin Eagle for $1.25 billion
Expand Energy Corp. has agreed to purchase Twin Eagle Holdings NA, a gas marketing firm, for $1.25 billion from private equity owner Five Point Infrastructure. The deal, announced on July 27, 2026, will elevate Expand Energy into a leading natural…
U.S. to Lift Screwworm Ban on Mexican Cattle
The U.S. Department of Agriculture (USDA) will begin a phased reopening of Mexican cattle imports on August 24 at the Douglas, Arizona port of entry, after a yearlong ban due to the detection of New World screwworm. The ban was…
Goodyear Secures CDP Supplier Engagement “A” Score for Climate Leadership
Goodyear has been awarded an "A" score by CDP in its 2026 Supplier Engagement Assessment, placing the tire giant among the top performers in supplier collaboration on climate-related issues. CDP, a global environmental disclosure platform, evaluates companies on how effectively…
U.S. urges Mexico to adopt tariffs on Chinese steel and aluminum to align with North American trade barriers
The United States has formally requested that Mexico impose Section 232-style tariffs on steel and aluminum imports originating outside North America, according to four individuals with direct knowledge of the ongoing USMCA trade review talks. The proposal is designed to…
Knight-Swift CEO Cites Rapid Truckload Market Tightening
Knight-Swift Transportation Holdings reported stronger second-quarter results, with net income rising 26.1% to $43.2 million and revenue increasing 12.6% to $2.1 billion. The company's truckload segment revenue grew 2.8% to $1.1 billion, while operating income surged 96.3% to $89.1 million.…
BMW M Concept Neue Klasse – More Outdoor Studio Shots Released
BMW has released additional outdoor studio imagery of the BMW M Concept Neue Klasse, marking another step in the lead-up to the production-bound model. The fresh shots, captured in a controlled outdoor studio setting, highlight the concept’s aggressive M-specific design…
China says U.S. agreed to cap replacement tariffs on Chinese goods at 20%
China’s Ministry of Commerce announced on July 27, 2026, that the U.S. had committed during bilateral trade talks to cap replacement tariffs on Chinese goods at 20%. The current replacement tariff rate stands at 12.5%, leaving 7.5 percentage points of…
First look at production: BMW Group’s Woodruff plant starts assembling high-voltage batteries for the new BMW iX5
BMW Group has opened the doors to its new Plant Woodruff in South Carolina, offering the first glimpse of its advanced facility dedicated to assembling high-voltage batteries for the upcoming fully-electric BMW iX5. Scheduled to begin series production in December…