Business

Leaders of the effort to repeal California’s new gas tax increase are blasting Republican governor candidate Travis Allen for using money raised to repeal the tax to broadcast ads featuring himself.

The Federal Motor Carrier Safety Administration has prohibited Rock City Stone Co., a Tennessee-based group, from commercially transporting explosives or hazardous materials.

The Port of Long Beach had its best first quarter, up 19.4% compared with the same period in 2017.

New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17.

Alliance Creative Group, a Chicago-based firm engaged in product development, packaging and printing, fulfillment and transportation services, said it will transfer its trucking clients and most of its drivers to Mark-It Express Logistics, a bigger and more established trucking company.

The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise already may have been planted.

The statute of limitations ended Monday without prosecutors filing new charges in the $56 million fraud committed by top executives of Pilot Flying J, the family business of Browns owner Jimmy Haslam.

Volkswagen AG is speeding up preparations for its heavy commercial-vehicle division to sell stock or debt on its own as the unit expands to compete with global leaders Daimler AG and Volvo AB.

U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17.

Mississippi House Speaker Philip Gunn presented an infrastructure funding plan April 12 that would divert money to transportation projects over the next several years.