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- Winter freight disruptions return as logistics leaders prepare for another major ice storm.
Five years after the historic “Great Texas Freeze” brought U.S. supply chains to a near standstill, logistics leaders are once again preparing for severe winter disruption. Winter Storm Fern is forecast to bring snow and hazardous ice across major freight hubs in the South and Southeast, reviving painful memories of the 2021 storm that sidelined hundreds of thousands of trucks nationwide. Cities such as Dallas, Atlanta, Nashville, and Memphis are expected to see the greatest impact. These locations are critical nodes along the I-75 and I-40 corridors, which together move an estimated 60% to 75% of all U.S. freight. Unlike northern regions, much of the Southeast lacks the infrastructure and experience needed to manage icy road conditions, making even moderate winter storms a serious threat to freight movement. Why Winter Storm Fern Raises… ...[TheTopNews] Read More.24 mins ago - Wall Street’s Texas move gains steam as NYSE Texas hits 100-company milestone
The New York Stock Exchange’s quiet expansion into Texas is gaining rapid traction, with NYSE President Lynn Martin revealing that more than 100 companies have already dual-listed on NYSE Texas in under a year — a milestone that underscores Wall Street’s accelerating pivot toward the Lone Star State’s pro-business climate."NYSE Texas, which we announced February of last year, brought it live March 31st of last year, and now have more than 100 dual listings on NYSE Texas in less than a year," President Lynn Martin told FOX Business’ Maria Bartiromo at the World Economic Forum on Thursday."It’s going great," she continued.TEXAS CHAIN CRUSHES COSTCO AND TRADER JOE'S TO CLAIM AMERICA'S TOP GROCERY STORE TITLEEarlier this week, President Donald Trump blasted plans to expand the New York Stock Exchange to Dallas, calling the move "unbelievably bad" for New York and a failure of city leadership."Building a New York Stock Exchange in… ...[TheTopNews] Read More.27 mins ago - US economy grew at fastest pace in 2 years in third quarter, fueled by consumer spendingThe U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of third-quarter GDP, which showed the economy grew at an annualized rate of 4.4% in the three-month period including July, August and September. That figure topped the expectations of economists polled by LSEG, who had estimated 3.3% GDP growth in the third quarter. It was also the fastest growth rate in two years.The report also found that real GDP rose at an annualized rate of 3.8% in the second quarter. That followed a GDP contraction of 0.6% in the first quarter. Taken together, those three readings indicate the U.S. economy grew at a 2.5% annualized rate through the first three quarters of 2025.This is a developing story. Please check back for updates. ...[TheTopNews] Read More.39 mins ago
- Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path fo...
Spirit Airlines is in talks with investment firm Castlelake for a potential takeover of the discount airline, which is in bankruptcy, CNBC has learned. ...[TheTopNews] Read More.45 mins ago - Trump and ‘Taco!’ Roil Davos
Business leaders at the World Economic Forum were relieved by the president’s about-face on Greenland, but remain on edge about what could come next. ...[TheTopNews] Read More.1 hour ago - When the ultra rich hire family for their private investment firms, what to pay them can be trickyEven among the wealthiest families, the issue of salary is a loaded topic, according to advisors to family offices. ...[TheTopNews] Read More.2 hours ago
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