Government

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.

Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.

Technical issues that have been causing problems with the transfer of data from electronic logging devices to equipment used by roadside inspectors to check drivers’ hours-of-service records are the subject of a bulletin issued by the Commercial Vehicle Safety Alliance and are being studied by a pair of industry vendors.

After a wild election night sowed confusion across U.S. markets, investors frantically bid up stocks Nov. 4, sending major averages to the biggest rallies in five months, as they grew more confident that the tightly contested outcome would ensure key elements of the bull market remain intact for years to come.

Postmaster General Louis DeJoy may have to testify under oath about his agency’s failure to follow court orders to avoid delivery disruptions for mail-in ballots during the election.

Although the next occupant of the White House remained unclear the day after the election, certain transportation-related issues were definitively settled at the state level Nov. 3.

Rep. Peter DeFazio beat back political newcomer Alek Skarlatos’ challenge to win another term as the federal legislator in Oregon’s 4th District.

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.

Executive-turned-international fugitive Carlos Ghosn is gunning for revenge in a new book published this week about the events surrounding his arrest in Tokyo two years ago, 130-day Japanese imprisonment and dramatic escape to Lebanon.

U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic continues to wear on the recovery.