The DEA is creating a proposed rule to reschedule marijuana to Schedule III. (Charlie Riedel/Associated Press) July 7, 2026 3:23 pm, EDT key takeaways: On June 29, a coalition led by the American Trucking Associations urged four federal agencies to coordinate marijuana testing as the DEA moves to reschedule the drug. The group said the
(Images: Toyota) Toyota is expanding its US production, doubling the size of its Texas plant by 2030. Nearly five years after moving all of its mid-size truck production to Guanajuato, Mexico, Toyota announced this week that it will bring the majority of that production back to the United States as part of a $3.6 billion
Containers and cranes at the Bayport Container Terminal at the Port of Houston in Seabrook, Texas on June 12. (Mark Felix/Bloomberg) July 7, 2026 10:41 am, EDT key takeaways: The US trade deficit widened in May due to a broad increase in imports and a decline in exports, making the gap the largest in
A combine harvester during soybean harvest outside St. Peter, Minn. (Ben Brewer/Bloomberg) July 7, 2026 11:17 am, EDT key takeaways: The European Commission on July 7 set a target of sourcing 35% of animal feed protein crops domestically by 2035, up from 25% last year. The move aims to reduce reliance on imports from the
It’s time to put the new 2027 RAM TRX to its first real-world test. Let’s go as fast as we dare and jump off the truck into the Motocross Park. Yes! Can you really feel the extra 75 horsepower from the updated new 6.2L supercharged Hellcat V8 engine? Let’s dig! Power is above 702 hp
According to the report of Liberty Times, the investigation team is interrogating nine people. (Chris Ratcliffe/Bloomberg) July 6, 2026 2:40 pm, EDT key takeaways: Taipei prosecutors and the Bureau of Investigation searched the premises of Evergreen Marine Corp. on July 6 as part of a suspected insider trading investigation. The investigation relates to a related-party
Tim Steiner, CEO of Ocado Group, is also a co-founder of the company. (Chris Ratcliffe/Bloomberg) July 6, 2026 2:57 pm, EDT key takeaways: Ocado Group said on July 6 that CEO Tim Steiner would step down at the start of its 2028 financial year after accelerating succession planning. Shares fell 4.5% on July 6 amid
In 2024, a ship crosses the Suez Canal and heads towards the Red Sea. (Syed Hasan/Getty Images) July 6, 2026 3:16 pm, EDT key takeaways: Maersk and Hapag-Lloyd said they were redirecting southern Mediterranean-China service via the Red Sea and Suez Canal. The move signaled confidence in the safety of the Red Sea, with hopes
Packages are sorted at a regional processing and distribution center in Phoenix. USPS aims to establish 60 RPDCs. (US Postal Service) July 6, 2026 3:41 pm, EDT key takeaways: USPS is restructuring its logistics network with regional hubs and optimized transportation to improve efficiency and reduce costs. Postmaster General David Steiner warned that without structural
A Delta Air Lines jetliner at Denver International Airport. (David Zalubowski/Associated Press, File) July 6, 2026 4:45 PM, EDT key takeaways: A Delta Air Lines plane landed safely at Chicago Midway on July 4 after its pilot reported that the plane had experienced an explosion of fireworks while landing on July 4. The flight from