Business

Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25.

Connecticut will be home to building manufacturer FullStack Modular as its headquarters moves from New York’s Brooklyn Navy Yard to Gateway Terminal at the Port of New Haven.

Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroeco­nomic outlook is uncertain.

Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.

Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.

WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.

DETROIT — All of Ford Motor Co.’s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.

ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.

Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange.

JEFFERSON CITY, Mo. — Missouri lawmakers approved $2.5 million to study the conversion of U.S. Route 36 into Interstate 72 between Hannibal in the east and St. Joseph in the west.