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The U.S. average retail price of diesel continued to drop, falling 2.1 cents to $3.011 a gallon, the Department of Energy reported Aug. 12.

Huawei Technologies Co. hired the law firm Sidley Austin to lobby on trade as the U.S. pressures allies to join it in blacklisting the Chinese telecom giant and the company finds itself increasingly mired in President Donald Trump’s trade war with Beijing.

Heidi King, acting head of the National Highway Traffic Safety Administration, will step down from the agency at the end of the month, the U.S. Department of Transportation announced Aug. 12.

Portugal may declare a civil order to ensure that truck drivers, who began a strike Aug. 12, deliver enough fuel to stop gas stations across the country from running dry at the height of the country’s tourism season, Prime Minister Antonio Costa said.

Corn futures plunged by the exchange limit, heading for their worst day in at least six years, after the U.S. Department of Agriculture reported more of the grain was planted than analysts had estimated.

TURKMENBASHI, Turkmenistan — Five countries bordering the energy-rich Caspian Sea met Aug. 12 at an economic forum hosted by Turkmenistan in a bid to agree on how to divide the region’s oil wealth.

Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth.

A city program gives Detroit residents first crack at jobs with Fiat Chrysler.

The Commercial Vehicle Safety Alliance has asked U.S. Senate appropriators to include funding in the 2020 transportation funding bill for a study that would explore the causes for commercial vehicle crashes, an update to a similar study completed 16 years ago.

Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.