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- CEO warns aluminum supply chain is ‘so thin’ a single fire could trigger nationwide cris...
America's aluminum industry is showing signs of a resurgence after decades of decline, driven by national security concerns, supply-chain vulnerabilities and growing competition from China.Aluminum is no longer viewed as just an industrial input; it is increasingly seen as a strategic material tied to defense readiness, manufacturing resilience and long-term economic security.AMERICAN COMPANY RESTARTS DOMESTIC GRAPHITE PRODUCTION AFTER DECADES OF CHINA IMPORTSCentury Aluminum CEO Jesse Gary joined FOX Business' Cheryl Casone on "Mornings with Maria" to discuss the growing role aluminum plays in the U.S. economy and national security.He said aluminum's importance stretches far beyond consumer goods, touching nearly every part of American life and national defense."It truly is everywhere," Gary said.He pointed to its role in homes, vehicles, aircraft and military systems."Tank armor is made of aluminum... it makes up the bulkheads of our fighter jets, missile propellant made from aluminum... aluminum truly serves as a backbone for this… ...[TheTopNews] Read More.39 mins ago - UPS to cut 30,000 more jobs amid turnaround planThe United Parcel Service aims to cut up to 30,000 operational roles in 2026 as part of its transformation strategy, CFO Brian Dykes announced during the company’s quarterly earnings call on Tuesday.This reduction will "be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers," Dykes said.The shipping giant has been in the midst of a transformation strategy, announced in June 2025, focused on optimizing its U.S. network and boosting productivity. The company called it the largest network reconfiguration in UPS history.UPS WARNS OF ‘MONTHS-LONG’ DISRUPTIONS AFTER GROUNDING ENTIRE JET FLEET AFTER DEADLY KENTUCKY CRASHLast year, the company cut 48,000 jobs and initiated driver buyouts. It also shuttered operations at 93 buildings."This strategic initiative will optimize the capacity of our network to align with expected volume levels and enhance productivity through additional automation," UPS said at the time, adding that "the reconfiguration will impact… ...[TheTopNews] Read More.55 mins ago
- GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs
The 2026 tariff costs would be in line with the automaker's $3.1 billion in tariff costs last year, despite the levies not being in effect for all of 2025. ...[TheTopNews] Read More.1 hour ago - Trump considers capping state gas tax, signals possible relief for CaliforniansPresident Donald Trump is reportedly thinking about a state fuel tax cap — a move he argues could ease the pain for California drivers and see motorists pay 40% less at the pump."Gasoline in California could be $2.50," Trump reportedly said during an interview with The California Post."We’ll do that. I would cap it. It’s unfair," the president reportedly added. It's unclear if Trump would pursue the cap through an executive order or by supporting legislation in Congress.TRUMP'S FIRST YEAR BACK IN OFFICE SEES MAJOR OIL AND GAS PERMIT SURGE AMID ‘DRILL, BABY, DRILL’ PUSHCalifornians face the highest state fuel tax in the U.S., according to U.S. Energy Information Administration figures last updated in July 2025.And Golden State drivers are facing high prices at the pump. As of Jan. 27, the AAA national average for a galloon of regular gas is $2.888, while the state gas price average for California… ...[TheTopNews] Read More.1 hour ago
- Guernsey inflation continues to slow, figures show
Annual inflation in Guernsey sees a drop of 1.2% on the year before, according to latest figures. ...[TheTopNews] Read More.2 hours ago - Construction begins on HS2 tunnel from west London to EustonThe first of two boring machines was switched on in west London on Tuesday. ...[TheTopNews] Read More.2 hours ago
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