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  • Disney and ABC sue Trump’s media regulator to stop early licence renewal
    The network accuses the administration of retaliation against ABC, as it "disapproves of what ABC broadcasts". [TheTopNews] Read More.
    BBC NEWS – Business | Business & CommerceTue, August 18, 2026
    34 mins ago
  • Borrowing costs hit fresh highs on inflation fears
    Interest rates on long-term US, UK, German and Japanese government debt have soared. [TheTopNews] Read More.
    BBC NEWS – Business | Business & CommerceTue, August 18, 2026
    47 mins ago
  • FMCSA Orders Fleets to Stop Using 15 Revoked Electronic Logging Devices
    The Federal Motor Carrier Safety Administration has revoked 15 electronic logging devices (ELDs) over the past two months after determining that they failed to meet federal requirements. The latest action adds five devices to the agency’s revoked list following 10 removals in July, requiring affected motor carriers and drivers to transition to compliant equipment within 60 days. ELDs are critical compliance tools for the trucking industry because they electronically track a driver’s record of duty status and help enforce federal hours-of-service regulations. FMCSA requires most interstate commercial drivers subject to these rules to use registered devices. When an ELD no longer meets federal technical requirements, the agency can remove it from its Registered Devices list. FMCSA’s August 6 action removed devices that failed to meet minimum requirements established under federal ELD regulations. The affected products include Moonlight ELD, HGRS ELD, Truckford ELD, and Sparkle ELD. Fleets and drivers using devices included in the August revocations must transition to compliant ELDs before October 6, 2026. The August action follows a larger round of revocations announced July 9. Those devices include Ontime Logs iosix, Last Minute ELD, Porter ELD, Zee HOS Compliance, EV ELD IOSIX, Light and Travel ELD, Premierride Logs, 2Bro ELD, 305 ELD, and TT ELD 40. Users of those products have until September 8, 2026, to complete the replacement process. FMCSA is directing affected carriers and drivers to immediately stop relying on revoked devices and temporarily use paper logs or logging software to maintain required hours-of-service records. They must then install a compliant ELD from FMCSA’s Registered Devices list before the applicable 60-day deadline. Failure to make the switch could have serious consequences. Once the transition period expires, carriers continuing to use a revoked device will be considered in violation of federal record-of-duty-status requirements. Drivers can then be placed out of service under the Commercial Vehicle Safety Alliance’s Out-of-Service Criteria. The latest removals are part of FMCSA’s broader effort to strengthen oversight of electronic logging technology. Late last year, the agency announced an overhaul of its ELD vetting process amid industry concerns about providers and carriers potentially manipulating electronic logs to allow drivers to violate hours-of-service limits. The changes are intended to prevent noncompliant products from reaching the registered-device list in the first place. Some providers named in the recent action have previously had devices revoked. Ontime Logs had another model removed in November 2025, while Evo ELD… [TheTopNews] Read More.
    TRUCKERS REPORT – Trucks & Trucking | Business & CommerceTue, August 18, 2026
    57 mins ago
  • New York Republican congressman rips Hochul policies for sending businesses ‘d...
    New York’s business climate is back in the spotlight after Gov. Kathy Hochul’s pause on new hyperscale data centers added to a broader debate over whether the state’s energy and economic policies are pushing investment elsewhere.Rep. Mike Lawler, R-N.Y., joined FOX Business’ Cheryl Casone on "Mornings with Maria" to discuss New York’s energy policies, business climate and continued taxpayer out-migration.Hochul announced a statewide moratorium of up to one year on July 14 on new hyperscale data centers while New York develops a regulatory framework intended to protect utility ratepayers and address the facilities’ energy and infrastructure demands. The pause applies to state environmental permits for new hyperscale data centers.Lawler argued the move sends the wrong message to companies considering investing in New York."What she is saying is, don't come here. Go do your business elsewhere, which is why New York State leads the nation in out-migration," Lawler said. "It's why it is a terrible place to do business and why people are expanding in Florida and Texas and Tennessee and North Carolina and South Carolina and elsewhere. We have the highest tax burden and the worst business climate."TRUMP WARNS NEW HOCHUL, MAMDANI PIED-À-TERRE TAX COULD ACCELERATE NYC WEALTH EXODUSNew York has experienced net out-migration among part-year resident tax filers every year since 2015, according to state Comptroller Thomas DiNapoli’s office. In 2024, 134,913 part-year resident filers left the state while 121,251 moved in, resulting in a net loss of 13,662 filers. The pace, however, slowed considerably from the pandemic-era surge.Lawler also tied the state’s business challenges to its energy policies, pointing to nuclear plant closures, restrictions on natural gas and pipeline projects and electrification requirements.NEW YORK BECOMES FIRST STATE TO FREEZE NEW AI DATA CENTERS IN MOVE CRITICS WARN COULD DRIVE AWAY JOBS"If you want to address these problems, you need to have a coherent economic and energy policy," Lawler said. "And that is fundamental if New York is going to prosper moving forward."CLICK HERE TO GET FOX BUSINESS ON THE GO [TheTopNews] Read More.
    FOX BUSINESS – Latest | Business & CommerceTue, August 18, 2026
    2 hours ago
  • Sugar Importer With Trump Ties Said to Maintain Abusive Labor Practices
    A watchdog group said the Dominican company continued to violate labor standards after President Trump lifted an import ban last year. [TheTopNews] Read More.
    THE NEW YORK TIMES – Business | Business & CommerceTue, August 18, 2026
    2 hours ago
  • Demand for school uniform bank ‘has never been higher’
    One mother said uniform costs had "really eaten" into her budget. [TheTopNews] Read More.
    BBC NEWS – Business | Business & CommerceTue, August 18, 2026
    2 hours ago
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