Business

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner.

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the International Energy Agency said.

OMAHA, Neb. — The flurry of contract agreements announced this fall offers evidence that railroads and their unions are working to avoid the standoffs that led them to a brink of a strike in 2022.

Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.

JBS, the biggest global meat producer, is reaping the benefits of a world that’s eating more chicken, sending demand surging and helping the company post its best quarterly profit in two years.

NEW YORK — Gov. Kathleen Hochul is negotiating a modified version of congestion pricing with the feds that would start the Manhattan toll at $9 per day before ramping it back up to the $15 plan.

During his nearly 10-year tenure on Capitol Hill, Lee Zeldin pushed back on the progressive policy proposal known as the Green New Deal.

Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.