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By Kalea Hall DETROIT (Reuters) -U.S. new-vehicle prices surged in April, data released on Monday showed, a sign that the effects of President Donald Trump’s auto-tariff measures are rippling through the car market. The average price consumers paid, after discounts and promotions, rose 2.5% from March, more than double the typical 1.1% increase over those…
By Amina Niasse NEW YORK (Reuters) -President Donald Trump on Monday delivered a blow to the private-sector middlemen who negotiate U.S. drug prices in his executive order on drug pricing, saying he would cut them out as part of a goal to bring the U.S. in line with other countries. The news drove their shares…
By Kalea Hall DETROIT (Reuters) -Mercedes executives on Monday said the company will add production of its GLC SUV for North America at its plant in Tuscaloosa, Alabama. Earlier this month, the German automaker said it would bring a new vehicle to the Alabama plant in 2027 that would “deepen our commitment to the U.S.” …
(Corrects to remove reference to Amazon in paragraph 6) (Reuters) -Amazon said on Monday it has struck a new partnership with FedEx in late February to handle some parts of its package deliveries. FedEx shares rose 1.7% after the closing bell. Business Insider first reported the news on Monday, citing an internal document. The deal…
