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A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.

Nikola Corp. shares fell as much as 13% after Hindenburg Research published a report accusing the startup electric-vehicle maker of “deception” and lying about its technology.

Navistar International Corp. confirmed that Volkswagen AG’s heavy-truck business boosted its bid to buy the rest of the U.S. manufacturer for $3.6 billion.

A near 50% decline in truck sales, caused by the impact of COVID-19 on the economy, resulted in Lisle, Ill.-based Navistar International Corp. reporting sharp losses in its fiscal third quarter.

Walmart Inc. is entering the drone delivery wars, its latest move to counter Amazon.com Inc.’s dominance in e-commerce as more Americans choose to shop from home.

Private investment firm Fortistar and large family-owned Paloma Dairy announced they are constructing a dairy digester facility to capture methane and produce renewable natural gas to fuel the Class 8 market, as well as for a public utility.

Trucking technology supplier Omnitracs has agreed to acquire SmartDrive Systems, one of the transportation industry’s largest providers of onboard cameras and video-based safety systems.

The Lion Electric Co. announced a memorandum of understanding for Class I freight railway CN to acquire 50 heavy-duty zero-emission trucks for intermodal use to reduce greenhouse gas emissions.

Uber Freight launched two new software solutions aimed at expanding its enterprise shipper offerings, the company announced Sept. 8.