Business

Some 49% of all Classes 3-8 commercial vehicles, or nearly 5.5 million trucks, are using advanced diesel engine technology to reduce greenhouse gas emissions, according to a new study.

John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.

French investigators said Volkswagen AG has been charged in a fresh crackdown on alleged deception over diesel emissions that also has embroiled rival Renault SA.

Airbus SE is poised to begin taking orders for a freighter version of its A350 wide-body as soon as next month, in a challenge to Boeing Co.’s dominance in the market for dedicated cargo aircraft.

A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years.

President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.

President Joe Biden ended talks with Republican Sen.Shelley Moore Capito on an infrastructure plan without a deal, after failing to reach agreement on the scope of spending or how to pay for it.

Whiting Systems opened a new welding facility that will allow manufacturing processes to be faster for customers, the company announced last month.

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.