To avoid the cost and uncertainty of litigation, OPIS has agreed to settle and cooperate with ongoing litigation.
A White House official clarified that the 55% figure does not represent an increase from the prior 30%, but instead includes a combination of existing import taxes.
While monthly orders expectedly retracted, the decline was less than half of a typical April, while year-over-year and year-to-date figures outpace 2024.
Proton’s 2025 Tariff Impact Report shows many distributors are unprepared for tariff shifts, while others leverage AI and flexible systems to gain an edge.
The all-stock deal will result in a flow and thermal management solutions supplier with a combined revenue of $8.8 billion.
The company’s daily sales considerably accelerated in May, with improved momentum across top end markets and customer segments compared to April. Seen our full breakdown of the monthly figures here.
The new CEO was most recently the president of Fortiline Waterworks.
Slips, overexertion and first-year worker injuries dominate wholesale industry claims, according to Travelers’ 2025 Injury Impact Report analyzing workers comp cases. Read more about the report here.
U.S. factory orders fell in April, snapping a four-month streak of gains, as transportation equipment and aircraft demand plunged.
Manufacturers’ confidence hit a post-pandemic low in NAM’s 2Q25 survey, with rising tariff concerns and slowing growth expectations prolonging uncertainty.
Ferguson’s February-April quarter was highlighted by accelerating sales growth, improved margins and a raised full-year guidance, driven by strong U.S. performance.
U.S. manufacturing activity contracted for the third straight month in May as the ISM’s PMI dipped, falling short of expectations amid ongoing demand weakness.
