Business

Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.

The Federal Motor Carrier Safety Administration has sent a final rule on changes to hours-of-service regulations to the White House.

VersaCold, one of Canada’s largest providers of cold storage, is exploring a potential sale that could fetch $500 million or more, according to people with knowledge of the matter.

The U.S. Federal Reserve delivered an emergency half-percentage point interest rate cut March 3 in a bid to protect the longest-ever economic expansion from the spreading coronavirus.

The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail and transportation, according to a study that looked at budding AI companies around the world.

Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles.

CRST International on March 2 announced it had acquired final-mile specialist NAL Group. Financial terms of the agreement were not made public.

Nearly a year after the Port of New York and New Jersey rededicated the raised Bayonne Bridge over the Kill Van Kull tidal strait connecting Bayonne, N.J., with Staten Island, N.Y., officials say the project is paying big economic dividends.

The Federal Motor Carrier Safety Administration is planning a Safety Summit on March 19 for motor carriers, drivers, safety technology developers and users, federal and state partners, and safety advocate groups to share ideas on improving truck safety.