Government

A former Nikola Corp. contractor whose allegations of fraud at the electric truck company helped spur a criminal investigation told a federal jury he made $600,000 off a short seller’s report on Nikola.

DETROIT — President Joe Biden, a gearhead with his own vintage Corvette, is showcasing his administration’s efforts to promote electric vehicles during a visit Sept. 14 to the Detroit auto show.

The Biden administration on Sept. 14 issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.

A measure of U.S. producer prices fell for a second month in August as fuel costs continued to retreat, though an underlying measure of wholesale costs solidified a sign of persistent inflation in the production pipeline.

The owner of brake-lamp technology with a pulsating bulb feature intended to help reduce rear-end collisions with trucks and trailers has asked a federal appellate court to compel the Federal Motor Carrier Safety Administration to act on a long-pending exemption request to permit the company to deploy the system.

The looming U.S. rail strike threatens to push inflation even higher across the country after prices jumped more than expected last month.

Construction continues moving forward to replace a new bridge and revamped port of entry connecting Maine and Canada to save trucks from a long detour due to load restrictions on an aging 100-year-old bridge.

Senate Commerce Committee leaders recently introduced a Coast Guard authorizing bill that would dedicate funds for shoreline modernization programs.

The U.S. may begin refilling its emergency oil reserve when crude prices dip below $80 a barrel, according to people familiar with the matter.

The White House is considering the use of emergency powers to ensure critical materials, such as chlorine for wastewater treatment plants, can be delivered in the event of a freight rail worker strike in order to avoid devastating disruptions to services.