IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.

MILAN — Fiat Chrysler and France’s PSA Peugeot said Oct. 31 they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.

ROMULUS, Mich. — Striking General Motors factory workers will put down their picket signs after approving a new contract that will end a 40-day strike that paralyzed the company’s U.S. production.

WASHINGTON — President Donald Trump says he is nominating a deputy to Energy Secretary Rick Perry to replace him in the top job at the Energy Department.

MEMPHIS, Tenn. — FedEx officials confirm the company has filed a building permit for its new package sorting facility and world hub in Tennessee.

Thousands of Mack Truck workers were on strike Oct. 13 at plants in three states, the first such walkout in decades.

Many former Lordstown assembly plant workers now spread across GM factories in seven states were hoping that the automaker would agree during contract talks to revive production that ended in March and rescue their old jobs. But that hope is dwindling.

WASHINGTON — U.S. long-term mortgage rates fell this week following a sharp rise the week before, making September the most volatile month for the key 30-year loan since March.

WASHINGTON — The Justice Department says United Parcel Service Inc. must pay $8.4 million to settle allegations that the company was overcharging the federal government for package deliveries.

DETROIT — The U.S. government’s road safety agency is investigating complaints that the automatic emergency braking on the Nissan Rogue can turn on for no apparent reason.