Business

Nissan Motor Co. and Carlos Ghosn will pay a combined $16 million to settle a U.S. regulator’s allegations that they failed to disclose more than $140 million in compensation that the automaker’s ex-chairman was slated to receive in retirement.

About 5,000 workers in Canada have been put on leave due to the United Auto Workers strike at General Motors Co. in the U.S., according to the union.

Members of Congress again are staring into the possibility of a shutdown as federal funding is set to expire Sept. 30. Recognizing this deadline, the House on Sept. 19 advanced a continuing resolution designed to keep agencies open through Nov. 21. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

RALEIGH, N.C. — The generation gap between trucking industry leaders is getting wider, as younger millennials enter the freight workforce with different understandings of the world around them.

A gauge of employment in U.S. service industries pointed to job losses for the first time in almost a decade, adding to signs of a cooling labor market.

White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly.

Hyundai Motor Group will spend $1.6 billion to develop autonomous vehicles with Aptiv Plc, marking one of the biggest investments yet by a traditional carmaker into the burgeoning robocar industry.

Navistar Inc. announced it will build a manufacturing facility for Classes 6-8 trucks in San Antonio, signaling it is bullish on the industry’s strength and the company’s ability to increase its market share.

Commercial Vehicle Group Inc. has acquired First Source Electronics, an electronics systems integrator based in Elkridge, Md.

FedEx Corp. will hire 55,000 additional workers for the holiday season, the parcel delivery company announced Sept. 20.