Business

White House economic adviser Larry Kudlow is developing a new plan to bolster biofuel-blending requirements after ethanol allies in politically important farm states complained the current proposal doesn’t do enough to compensate for waivers exempting some small refineries from the mandates.

U.S. shoppers spent $9.4 billion online on Cyber Monday — up almost 20% from a year ago and a record — boosting an already robust holiday shopping season.

The California Air Resources Board announced Dec. 3 it was suspending enforcement for at least two years of its greenhouse gas (GHG) trailer standards, which had been set to go into effect Jan. 1.

Takata Corp., the auto parts supplier that went bankrupt after its air bags spurred the largest-ever recall, told U.S. safety regulators that another 1.4 million U.S. vehicles need to be repaired over a potentially deadly defect.

The Georgia Ports Authority is on track to set yet another record with more than 4.6 million 20-foot equivalent container units.

Michigan legislators are considering a bill that would authorize a study on the feasibility of tolling certain highways.

Improved efficiency, better communication and slower growth are three of the reasons truck turn times at the ports of Los Angeles and Long Beach in November fell to their second-lowest level since March 2014, the Harbor Trucking Association announced. 

The world may be heading for an even greater oversupply of oil, and that possibility — which could drive down fuel and energy prices — is hanging over members of the OPEC cartel as they head into negotiations Dec. 5. 

A group representing engineers is pushing back on recently introduced legislation that aims to develop projects through open competition among suppliers of construction materials.

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology.