The statement comes about a month after rival Union Pacific agreed to acquire Norfolk Southern in a cash-and-stock transaction valuing the company at about $72 billion.
August 26, 2025Latest News Updates From Richard Clough
NHTSA Investigates Tesla Over Delayed Crash Reporting
Delays of "several months or more" were noted in reporting crashes involving driver-assistance technology.
August 21, 2025Ford Recalls 700,000 Vehicles Over Issue That Caused Fires
Ford is recalling almost 700,000 vehicles to address a long-running issue over cracking in an auto part that can leak fuel into the engine and cause fires.
July 16, 2025UPS Bolsters Health Unit With $1.6 Billion Deal for Andlauer
UPS Inc. agreed to acquire Canada’s Andlauer Healthcare Group Inc. for $1.6 billion, building out the package handler’s growing business transporting goods for health care customers.
April 24, 2025US Postal Service Resumes Accepting Packages From China
The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
February 5, 2025NHTSA Investigates Tesla’s Driverless Vehicle-Summon Feature
Tesla is under federal scrutiny over concerns that a newly released driver-assistance feature could result in crashes.
January 7, 2025Mondelez Approves $9 Billion Buyback After Hershey Report
Mondelez International approved a stock repurchase authorization of as much as $9 billion, days after a report that the company was exploring an acquisition of chocolate maker Hershey.
December 11, 2024Tesla, Rivian Drop on Report Trump Wants to End EV Credit
U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.
November 14, 2024Fisker Stops Production for Six Weeks
Fisker Inc. is pausing production for the next six weeks as the electric vehicle maker looks to rein in inventory and avoid possibly having to file for bankruptcy.
March 18, 2024Nikola Lowers 2023 Delivery Target
Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.
August 21, 2023Trending
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