Business

Cleveland Browns owner Jimmy Haslam’s family office HF Capital has committed $725 million to help launch an initiative aimed at decarbonizing heavy industry, it announced Sept. 16.

As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.

The company introduced a dedicated brand for its global charging infrastructure initiatives and broadened the scope of its financial services business.

The recent passage of legislation specific to EVs in the House is the latest effort from congressional Republicans pushing back on the Biden administration’s transportation agenda.

Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.

United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

WASHINGTON — California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to extinguish flames after a crash, NTSB said Sept. 12.

The Port of Long Beach once again saw record-breaking cargo numbers in August, port officials said Sept. 12.

Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.

BALTIMORE — Investigators working to pinpoint the cause of Baltimore’s Francis Scott Key Bridge collapse discovered a loose cable that could have caused electrical issues on the Dali.