Federal Appeals Court Upholds Illinois Ban On 'Assault Weapons'

India's Fuel Exports Set To Soar In July As Refining Margins Jump By Charles Kennedy of OilPrice.com, India is on track to export the highest volume of refined petroleum products in months as refining margins have jumped with the re-escalation of the Middle East conflict. India is estimated to ship as many as 1.55 million barrels per day (bpd) of light and middle distillates in July, per data by commodity analysts Kpler cited by Reuters columnist Clyde Russell. The July volumes would be nearly double the fuel export volumes of just 866,000 bpd in May,...

February Net Trailer Orders Down 43% As Bookings Fall 26% Preliminary February net trailer orders fell by about 10,000 units from January’s 23,300, a 43% month-over-month decline, according to TheTrucker.com. “Sequentially, a drop in net orders was expected, as the industry transitions from the strongest to the weakest order months of the annual cycle,” said Jennifer McNealy, director CV market research & publications at ACT Research. “Trailer makers now will begin to take fewer orders and start to work down the backlog that grew during the peak of order season at the...

Lululemon Bear Market Deepens After Guidance Cut Spooks Wall Street Lululemon tumbled in New York premarket trading as its multi-year bear market deepened, with shares on track to revisit levels last seen since 2018 after a guidance cut.  The struggling athleticwear company now expects full-year revenue of $11 billion to $11.15 billion, below the Bloomberg Consensus estimate of $11.49 billion, while its second-quarter sales and profit forecasts also missed the mark. Full Year Forecast (courtesy of Bloomberg): Sees net revenue $11 billion to $11.15 billion, saw $11.35 billion to $11.5 billion, estimates...