The alleged suspects dumped boxes containing $1.2 million worth of Apple devices. (US Department of Justice) June 24, 2026 at 7:00 am EDT key takeaways: Three men face federal charges after allegedly hijacking a truck filled with $1.2 million worth of Apple products outside a Long Island mall. The suspects allegedly tied up the two
The state capital in Austin. Texas has resumed issuing non-domiciled CDLs only to H-2A visa holders under strict federal oversight. (EJ Rodriquez/Getty Images) June 24, 2026 at 8:00 am EDT key takeaways: Texas revoked 6,407 non-domiciled CDLs after federal auditors identified major compliance failures in the state’s licensing program. The corrective action has been taken
June 24, 2026 10:17 am, EDT key takeaways: Slate Auto unveiled a subcompact electric pickup priced at $24,950 at a Los Angeles event on June 24, with a range of about 205 miles and a 2,000-pound towing capacity. The low-cost model targets rising vehicle prices and weak EV demand after tax credit cuts, though analysts
Fertilizer storage. (Kriztian Bocci/Bloomberg) June 24, 2026 10:29 am, EDT key takeaways: Fertilizer shipments through the Strait of Hormuz have resumed following a US-Iran interim peace deal, with at least 16 ships moving out and reaching near pre-war levels. Analysts said exports rose by about 530,000 tonnes in the week ended June 21 as stranded
Amazon delivery in New York. (Klaus Galliano/Bloomberg) June 24, 2026 11:11 am, EDT key takeaways: Online spending reached $8.3 billion on the first day of Amazon’s Prime Day event, surpassing Adobe’s earlier estimate of $7.9 billion. The four-day promotion is expected to generate $26.3 billion in sales, up 9% year over year, as overlapping deals
The Qiu HICE.40 is expected to achieve a range of up to 650 kilometers or more than 400 miles. (Daimler trucks) June 24, 2026 1:25 pm, EDT key takeaways: Daimler Trucks partnered with Kiyu to introduce hydrogen-fueled internal combustion engine tractors in Europe as early as 2027. The partnership adds hydrogen combustion to Daimler Trucks’
A tanker moored near Port Sultan Qaboos in Muscat, Oman, on June 21. (Elke Scolliers/Bloomberg) June 24, 2026 2:27 pm, EDT key takeaways: A surge in oil cargoes through the Strait of Hormuz, reopened following the US-Iran deal, has triggered oversupply and weak markets across Europe and Asia. Excess supply from Middle Eastern exports and
Hertz car-rental location in San Francisco. (David Paul Morris/Bloomberg) June 24, 2026 5:30 pm, EDT key takeaways: Hertz fell 41% on June 24 after the car rental company warned of earnings pressure and planned new debt. The company plans to issue $300 million in convertible PIK notes and $100 million in shares to help note
A Tricolor dealership in Houston in 2025. (Mark Felix/Bloomberg) June 24, 2026 3:44 pm, EDT key takeaways: David Goodgame, the former chief operating officer of Tricolor Holdings, pleaded guilty to fraud charges in New York federal court on June 24. Banks including JPMorgan Chase, Barclays and Fifth Third suffered billions in losses following Tricolor’s bankruptcy
(Image: TFL Studios) There have been a few changes to the upcoming slate truck, but now we know its price for sure. While the price of the new slate truck was hinted at in a leak on the company’s own retail site last week, we now have an official starting MSRP as the inaugural model