billion

Trucks

Toyota announces $3.6 billion Texas plant expansion, moves Tacoma production back to US

(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

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Cars

Jiffy Lube is sold to private equity in a $1.3 billion deal

The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. You probably know someone who has a story about how Jiffy Lube did them wrong, and they vowed to never go back. Still, for better or worse, quick oil change shops like

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Cars

The $10 Billion Acquisition That Could Turn the Auto Parts Business Upside Down, Explained

The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. O’Reilly eyes $10B NAPA acquisition. This potential merger could reshape the auto parts retail landscape. Different business models. O’Reilly’s corporate stability stands in contrast to NAPA’s franchise approach. Potential regulatory hurdles. Antitrust

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Trucks

Kroger plans to buy Giant Eagle in $1.65 billion deal

A Giant Eagle store in Mayfield Heights, Ohio. (Tony Dejac/Associated Press, File) July 1, 2026 5:00 pm, EDT key takeaways: Kroger said on July 1 that it planned to acquire Giant Eagle for $1.65 billion, expanding its footprint while keeping Giant Eagle’s brand and operations unchanged. The deal adds 197 supermarkets and 11 pharmacies in

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Podcasts

Crypto, Bibles and watches: How Trump made over $2 billion last year – Latest | donald trump

President Trump made more than $2 billion from crypto and other business ventures last year. As the US races to become the self-proclaimed ‘crypto capital of the world’, the President and his family have turned digital tokens, meme coins and merchandise into an unprecedented revenue stream. But just how rich can a sitting US president

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Trucks

CMA CGM to buy FedEx Supply Chain for $1.4 billion

According to CMA CGM, the expanded operation will have a workforce of 20,000 people across more than 240 locations in North America. (Christophe Morin/Bloomberg) July 1, 2026 10:08 am, EDT | Update: July 1, 2026 10:39 am, EDT key takeaways: FedEx agreed on July 1 to sell FedEx Supply Chain to CMA CGM Group for

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Trucks

US goods trade deficit widens to $105 billion in May

US oil exports hit record levels in April as the Iran war severely disrupted Middle East trade. (Mark Felix/Bloomberg) June 26, 2026 9:41 am, EDT key takeaways: The U.S. merchandise trade deficit widened 27.4% to $105.8 billion in May, the largest decline in more than a year. Exports fell 5.4% while imports rose 3.6%, with

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