Latest News Updates From Associated Press

GovernmentBusinessSafetyLogistics

Hilary Pushes Into Nevada After Drenching California

LOS ANGELES — Tropical Storm Hilary drenched Southern California from the coast to the desert resort city of Palm Springs and inland mountains, forcing rescuers to pull several people from swollen rivers.

August 21, 2023
GovernmentBusinessTechnologyAutonomous

Cruise to Cut San Francisco Fleet in Half After Crashes

General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.

August 19, 2023
BusinessLogisticsPrivate

Revived Amazon Service for Sellers Competes With UPS, FedEx

Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers such as FedEx and UPS.

August 18, 2023
BusinessTechnologyAutonomous

Driverless EV Shuttle Set to Debut in Downtown Orlando

Starting later this month, an electric, self-driving shuttle operated by Beep Inc. will whisk passengers around a 1-mile loop in downtown Orlando for no charge, officials said Aug. 16.

August 16, 2023
GovernmentBusinessEquipment

Auto Parts Maker Shinhwa Plans Expansion at Alabama Facility

MONTGOMERY, Ala. — An auto parts supplier plans a $114 million investment to expand its facility in Alabama to support the production of electric vehicle parts, Gov. Kay Ivey’s office announced Aug. 15.

August 16, 2023
Business

ºÚÁϳԹÏÍø Depot Tops Expectations Again

ATLANTA — ºÚÁϳԹÏÍø Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

August 15, 2023
GovernmentBusinessLogistics

Postal Service Reduces Air Cargo by 90% Over Two Years

WASHINGTON — The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs.

August 9, 2023
GovernmentBusinessFuel

Saudi Arabia Extends Oil Production Cut Through September

DUBAI, United Arab Emirates — Saudi Arabia said Aug. 3 it will extend its production cut of 1 million barrels of oil a day through the end of September in its effort to boost energy prices.

August 3, 2023
BusinessFuel

BP Profits Are Cut in Half to $2.6 Billion

LONDON — Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first quarter as oil and natural gas prices have fallen.

August 1, 2023
GovernmentBusinessTechnologySafety

NHTSA Investigates Tesla Steering Control Complaints

The National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in Tesla 2023 Models 3 and Y electric vehicles.

August 1, 2023