Business

Oil fell below $42 a barrel in New York as OPEC+ gathered to assess its supply deal, with countries struggling to contain the virus that has hurt economies and fuel demand globally.

Speaker Nancy Pelosi is calling the House back into session over the crisis at the U.S. Postal Service, setting up a political showdown amid growing concerns that the Trump White House is trying to undermine the agency ahead of the election.

California’s South Coast Air Quality Management District has approved the first installment of $27 million in a program that ultimately will provide up to $90 million to replace higher-polluting Class 8 trucks and port drayage trucks with zero-emission vehicles.

Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.

The Pennsylvania State Transportation Commission recently updated its transportation program, which outlines plans to direct billions of dollars to future infrastructure projects.

Jacobs Vehicle Systems announced it will supply its compression release engine brake in China to Hino Motors Co. for its new 10.5-liter U11C diesel engine.

The U.S. seized four tankers carrying Iranian gasoline bound for Venezuela in an unprecedented move by the Trump administration that carries the potential to destabilize global oil shipments if Iran retaliates.

Oil is poised to post a second straight weekly gain, buoyed by an improving global economic picture and rising U.S. gasoline demand.

ExxonMobil announced an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years.