Roughly one-quarter of the large oil tankers trapped inside the Persian Gulf at the outbreak of the Iran war have managed to slip out in a slow, stealthy trickle. Twenty-nine of the 109 bigger vessels ...
Toyota’s decision underscores how major automakers are recalibrating their electrification goals as demand growth slows and government incentives become less certain.
Shipowners grew more optimistic this week as more vessels transited the Strait of Hormuz, with U.S. forces providing navigation advice. More transits could lift flows of oil, gas and goods, though ...
Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs.
Lawmakers are weighing legislation that would ban carmakers with ties to foreign adversaries, a measure that threatens to upend Mercedes-Benz's U.S. business.
Congress returns June 1 with lawmakers emphasizing affordability issues, including fuel, groceries and health care costs, ahead of midterm elections. Gasoline prices rose to a national average of ...
Chevron CEO Mike Wirth said multiple ships have been attacked in recent days, showing the threat to vessels in the Strait of Hormuz remains “very real” despite potential peace talks. Even if a ...
The U.S. goods trade deficit shrank to about $82.4 billion in April, driven by a 4% jump in exports, especially capital goods, consumer goods and energy products. U.S. shipments of crude oil and fuels ...
Voltera and Revel are merging to build a large urban charging network focused on ride-hail and robotaxi fleets. The deal positions the company to capitalize on growing demand from commercial EV fleets ...
The PCE jumped to 3.8% in April compared with a year ago, the Commerce Department said May 28, up from 3.5% in March and the ...
Shares of Union Pacific and Norfolk Southern slumped the most in more than a year after the STB paused its review of their ...
USPS will carry out last-mile e-commerce deliveries directly to customer homes for DHL under the agreement, the companies said in a statement May 28.
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