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- Slate Auto says each $24,950 electric pickup truck will be profitable as it aims...
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive. [TheTopNews] Read More.5 hours ago - ATA’s “Driven” Docuseries Earns Top Honors for Exposing Lawsuit Abuse
The American Trucking Associations (ATA) has received national recognition for its documentary series Driven, earning top honors for the episode titled Jackpot Justice. The award-winning installment focuses on one of the trucking industry’s most pressing concerns: the growing impact of lawsuit abuse and so-called “nuclear verdicts” on motor carriers, drivers, and consumers. Through personal stories, industry perspectives, and legal insights, the episode examines how excessive jury awards can affect the transportation sector and the broader economy. The Driven docuseries was created by ATA to provide an inside look at the people, challenges, and issues shaping the trucking industry. Rather than focusing solely on freight movement and logistics, the series explores topics that directly affect trucking professionals and the businesses that depend on commercial transportation. The recognition received by Jackpot Justice highlights the effectiveness of using documentary storytelling to communicate complex industry issues to a wider audience. The featured episode focuses on the growing trend of multimillion-dollar jury awards against trucking companies, often referred to as nuclear verdicts. These cases can result in settlements or judgments far exceeding the actual economic damages involved in an accident. Industry leaders argue that aggressive litigation tactics, emotionally driven courtroom strategies, and inflated damage claims have contributed to a legal environment that places significant financial pressure on carriers of all sizes. According to ATA, the consequences of these verdicts extend beyond trucking companies themselves. Rising legal costs often lead to higher insurance premiums, increased operating expenses, and additional financial burdens that can ultimately affect consumers through higher transportation and product costs. Smaller carriers, in particular, may struggle to absorb the impact of large settlements, making them especially vulnerable to litigation-related financial challenges. The documentary also explores how trucking companies have responded to the changing legal landscape. Many carriers have invested heavily in safety technologies, driver training programs, compliance initiatives, and risk management strategies to reduce accident rates and strengthen their legal defenses. Technologies such as onboard cameras, collision mitigation systems, and advanced telematics have become increasingly important tools in helping fleets demonstrate safe operating practices and defend against questionable claims. Industry advocates featured in the documentary argue that meaningful legal reform is needed to address what they view as systemic problems within the civil litigation system. They contend that excessive verdicts can distort the legal process, discourage investment, and create unintended consequences throughout the supply chain. At the same time, supporters of the current… [TheTopNews] Read More.6 hours ago - Why the Fed Could Loom Large Over the Midterms
Wall Street increasingly predicts the central bank will raise interest rates, possibly ahead of Election Day in November. That could anger President Trump. [TheTopNews] Read More.6 hours ago - Bank of America cardholders can visit 250 museums free during July 4 weekend
FIRST ON FOX: Bank of America is expanding its signature "Museums on Us" program for the July 4th weekend, offering eligible cardholders free admission to 250 museums and cultural institutions nationwide as the U.S. marks its 250th anniversary.Bank of America, Merrill and Bank of America Private Bank credit and debit cardholders can receive free general admission to 250 cultural and civic institutions on July 4 and July 5 by presenting an eligible card and a government-issued ID, the financial institution said."Visiting one of these museums is an opportunity to celebrate the people, places and institutions that have shaped our country and continue to define our communities," Meghan Hughes, head of arts and heritage at Bank of America, said in a statement. "As people travel and gather for July 4th weekend, we’re encouraging cardholders to take advantage of Museums on Us and to experience these additional programs celebrating our nation’s history."BANK OF AMERICA TO HIRE NEARLY 4,000 SUMMER INTERNS AND CAMPUS RECRUITS"Museums on Us" typically gives eligible Bank of America, Merrill and Bank of America Private Bank cardholders free general admission during the first full weekend of each month. This July, the bank is expanding the program to 250 participating institutions as part of its broader support for America 250.Bank of America is also providing grant support to the National Archives in Washington, D.C., allowing the institution to extend its operating hours until 10 p.m. through July 5. The bank said the extended hours are intended to give more visitors the chance to view the Declaration of Independence.The company is backing additional America 250 programming in several major markets.In Boston, Bank of America is supporting free access to the MA250 + Boston Pops Fireworks Spectacular, described as one of the country’s oldest and largest Fourth of July events.TRUMP ADMIN TO TELL BANKS IMMIGRATION STATUS MAY BE CONSIDERED IN MORTGAGE, CREDIT DECISIONSIn Detroit, the bank is supporting The Henry Ford’s Salute to America and the Michigan Science Center’s "Science of Safety" initiative.In Miami, the Freedom Tower will join "Museums on Us" and offer free admission throughout the duration of the FIFA World Cup 2026.Bank of America is also supporting presidential history initiatives, including the Theodore Roosevelt Presidential Library, which is scheduled to open July 4 in Medora, North Dakota. The bank has made a $5 million founding gift to the library, which will focus on Roosevelt’s presidency, conservation and civic responsibility.The company… [TheTopNews] Read More.6 hours ago - Council tax debt rises to £9bn but here’s how you can get help
New figures show billions of pounds is owed to councils but the government has plans to reform the system. [TheTopNews] Read More.6 hours ago - Why are there holiday delay warnings over the EU’s new border system?The EU's much-delayed Entry/Exit System will change the way UK passengers travel to 29 countries. [TheTopNews] Read More.9 hours ago
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