The National Transportation Safety Board said that it was investigating a “close call” that happened as the planes were landing on Tuesday evening.
An Alaska Airlines 737 and a FedEx 777 cargo plane nearly collided as they attempted to land on intersecting runways at Newark Liberty International Airport.
A top trade court ordered the Trump administration on Wednesday to start refunding tariffs to U.S. businesses. Why it matters: The order is the most significant to date in what is expected to be a politically fraught, and possibly lengthy, process of getting hundreds of billions of dollars back to importers. - It comes roughly two weeks after the Supreme Court smacked down many of the tariffs that President Trump has imposed since taking office. What they're saying: "We want to work out a method by which those importers can make a claim for duties which were unlawfully applied," Court of International Trade Judge Richard Eaton said during a hearing on Wednesday, according to Reuters . - The order, which the Trump administration is…
Corporations are starting to find their backbone: from AI labs resisting military ultimatums to retailers successfully suing the president. Why it matters: The prevailing corporate strategy has been one of high-profile compliance, particularly with the Trump administration. Now, corporates are pushing back, because the cost of that compliance is existential. Driving the news: Anthropic CEO Dario Amodei rejected a Friday deadline from the Pentagon to strip safety guardrails from its AI models for military use. - The standoff: Defense Secretary Pete Hegseth demanded "unfettered access" to Claude, rebuffing Anthropic's proposed restrictions on mass domestic surveillance and fully autonomous lethal targeting. - The threat: The Pentagon…
The Supreme Court determined that the bulk of President Trump 's tariffs were illegal, and lawmakers and companies are pushing for decisive action on about $175 billion in revenue from the past year. The big picture: Even though the brunt of tariffs was mostly passed onto consumers, any reimbursement is likely to go to the businesses in question — but some companies are already pledging any compensation to their customers. Driving the news: FedEx made the pledge on Friday in a statement following its lawsuit against the U.S. government for a "full refund" of its tariff payments. - "Our intent is straightforward: If refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges,"…
FedEx has sued the Trump administration seeking a “full refund."
PULSE POINTSWHAT HAPPENED: FedEx filed a lawsuit seeking a full refund of tariff payments made under the International Economic Emergency Powers Act (IEEPA), following a Supreme Court ruling.WHO WAS INVOLVED: FedEx, U.S. Customs and Border Protection, the Trump administration, and the Supreme Court.WHEN & WHERE: The lawsuit was filed Monday in the U.S. Court of […] The post FedEx Sues Trump Admin for Tariff Refunds After SCOTUS Ruling. appeared first on The National Pulse .
PULSE POINTS WHAT HAPPENED: FedEx filed a lawsuit seeking a full refund of tariff payments made under the International Economic Emergency Powers Act (IEEPA), following a Supreme Court ruling. WHO WAS INVOLVED: FedEx, U.S. Customs and Border Protection, the Trump administration, and the Supreme Court. WHEN & WHERE: The lawsuit was filed Monday in the U.S. Court of International Trade, following the Supreme Court’s ruling last Friday. KEY QUOTE: “This Court has jurisdiction and authority to order remedial relief and refunds of IEEPA duties paid by importers,” FedEx wrote in its lawsuit. IMPACT: The ruling opens the door to numerous lawsuits seeking refunds for billions of dollars in tariffs paid under IEEPA. IN FULL FedEx is suing…Open
"Supporting our customers as they navigate regulatory changes remains our priority," a FedEx spokesperson said
The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful.