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Top Stories: Page 5
Lockheed Martin to Invest $300M to Expand U.S. Missile Production
The money will go toward Lockheed's Grand Prairie production facility in Texas, to add 100,000 square feet of new manufacturing space and 85,000 square feet of office space.
Fresh Legal Challenge to Trump’s Canada Tariffs
The lawsuit argues the White House exceeded its authority in imposing the tariffs and caused immediate "harm to American businesses."
German Rail Struggles With Rhine Diversions
While rail is handling a substantial share of displaced volumes, due to the ongoing rail construction in Germany, rail cannot replace the Rhine one to one yet.
Solar Supply Glut Cuts EU Green Energy Import Costs
The International Energy Agency linked falling solar panel prices to a supply glut in China, which supplied more than 98% of EU solar panel imports last year.
Labor Strikes on North Sea Oil Rigs Threaten U.K. Oil Supplies
More than 160 offshore rig workers represented by the Unite union plan to take part in a 24-hour strike on October 21, with a second 24-hour stoppage set for November 4.
Port of Long Beach Caps Off Historic Month for Southern California Cargo
The port handled 997,177 TEUs in September, beating the previous record of 987,191 TEUs set in October 2024.
Trump Announces More Financial Aid for Farmers
This is the second time in two years that the president authorized billions of dollars in bailout money for farmers harmed by rising fuel prices caused by the U.S.-Israel war on Iran.
U.S. Allows Dark-Fleet Oil Tankers to Shed Sanctions, Wright Says
Investors are proposing to buy idled sanctioned tankers, refurbish them and use them to transport non-sanctioned oil.
U.S. Trucking Industry Flags Rising Diesel Prices as Top Concern
Diesel prices rose to the top spot from the 17th most prominent issue last year, with truck drivers included in the survey flagging it as their chief concern for the first time ever.
Exports Fuel 4.5% Boost to China's GDP in Q3
China's GDP also expanded by 4.6% in the first nine months of the year, putting it on track for its full-year target of 4.5%-5%.
Hormuz Attacks Against Commercial Shipping Reach Record Highs
UKMTO identified attacks against 12 vessels in and around the strait between October 5 and 11, the most ever tracked in the region in a single week.
Supermarket Fridges and Freezers in France Hacked
This attack mirrors a similar incident in the U.S. in August, when connected fridges and freezers at a dozen military commissaries were hacked,
causing massive food loss.
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