Business

Clean Energy Fuels Corp. opened its newest natural gas fueling station in Hunts Point — the first station in New York City to exclusively offer renewable natural gas for medium- and heavy-duty vehicle fleets.

Barely three weeks ago, Daimler AG dialed back profit expectations for the year. The move was seen as a housekeeping exercise to allow CEO Ola Kallenius to start with a clean slate.

Walmart Inc. has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead. The company is searching for a new chief revenue officer for its U.S. e-commerce business, who would work under online leader Marc Lore to help map out its battle plan against Amazon.com, Target Corp. and other rivals.

A measure of underlying U.S. producer prices increased in June by more than forecast, driven by trade services and indicating inflation may be starting to stabilize.

President Donald Trump complained that China hasn’t increased its purchases of American farm products, a promise he said he had secured at a meeting with the country’s president, Xi Jinping, at the Group of 20 summit last month.

The leading edge of Tropical Storm Barry’s wind and rain is reaching Louisiana, where communities including New Orleans are bracing for a downpour that threatens to inundate already-high waterways. Gulf of Mexico operators have shut-in 1.01 million barrels a day of oil production.

Volkswagen AG and Ford Motor Co. will cooperate on electric and self-driving car technology, sharing costs on a global scale to take a major step forward in the industry’s disruptive transformation.

The head of the American Association of Port Authorities, Kurt Nagle, is stepping down after more than three decades with the group, and is handing the reins to industry veteran Chris Connor.

A federal judge has issued a criminal judgment requiring Wiley Sanders Truck Lines of Troy, Ala., to pay a fine of $3 million for illegally transporting thousands of pounds of lead-contaminated plastic battery chips.