PennDOT Approves Rules for Self-Driving Vehicles in State
There are now rules of the road for self-driving vehicles in Pennsylvania.
October 29, 2024Covenant's Q3 Net Income and Revenue Take Slight Dips
The company reported third-quarter net income of $13 million, or 94 cents per share, compared with $13.5 million, 99 cents, in the year-ago period.
October 29, 2024BYD Reportedly Hires Another Stellantis Executive
China’s BYD Co. reportedly is hiring the former U.K. chief of Stellantis NV as the EV maker builds a team of European executives to lead its expansion in the region.
October 29, 2024Oil Prices Fall on Weak Global Demand
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
October 29, 2024Biden to Announce $3B to Reduce Carbon Emissions at Ports
WASHINGTON — The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country.
October 29, 2024US Finalizes China Investment Restrictions on Key Tech
The rules, which come after more than a year of deliberation, ban some investments into those industries and require the U.S. government to be notified about others.
October 28, 2024Ford’s Profit Outlook Falls Short as EV Demand Slows
Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
October 28, 2024United Rentals Hits Q3 Revenue High, Faces Margin Pressure
United Rentals Inc. set a quarterly revenue record in Q3 on surging demand in its specialty rentals segment, but the company faced margin pressure on bottom-line results.
October 28, 2024PepsiCo to Close Chicago Plant, Offer 60 Days’ Pay
PepsiCo said the decision was difficult, but it described the 60-year-old building as a facility with “physical limitations.” The company said it would pay workers for the next 60 days
October 28, 2024International Motors Q3 Profit Almost Doubles as Sales Soar
Profit at International Motors almost doubled year on year in Q3 as the OEM cleared a delivery backlog caused by a Q2 fire at a mirror supplier, with truck sales jumping more than 40%.
October 28, 2024