Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019Search
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Exxon Partners With Microsoft to Boost Permian Oil Production
Exxon Mobil Corp. is partnering with Microsoft Corp. to crunch trillions of bits of data as the oil titan seeks to more than triple shale-oil production in the Permian Basin in less than a decade.
February 22, 2019Tesla Model 3 Loses Consumer Reports Recommendation
Tesla Inc.’s Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine’s closely watched annual ranking. The electric-car maker’s shares dropped.
February 21, 2019Trimble, Digi Team to Monitor Refrigerated Freight
Trimble Inc. will collaborate with Digi International, a global provider of Internet of Things connectivity products and services, to allow Trimble fleet customers to use Digi’s SmartSense application on refrigerated trailers, according to a joint press release.
February 21, 2019Opportunity Exists for Advancing Autonomous Vehicles Bill This Congress, Sen. John Thune Says
Legislation aimed at popularizing the use of autonomous vehicles in commercial and commuter settings is gaining supporters in the Senate, signaling its consideration possibly as early as this spring.
February 21, 2019Nissan Downgraded on Weak Profit Outlook
Nissan Motor Co. took another hit as the automaker’s debt rating was cut on concerns the next two years will be marked by slowing sales and a preoccupation with cleaning up after the scandal involving Carlos Ghosn.
February 21, 2019Omnitracs Partners With Red Hat to Develop Fleet-Management Technology
Omnitracs has formed a partnership with Red Hat, a major provider of open-source, cloud-based software, to accelerate the development of its fleet-management technology.
February 21, 2019Amazon to Disclose More Details on Environmental Impact
Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.
February 20, 2019Alberta Expects $1.7 Billion Profit From Crude-by-Rail Operation
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.
February 20, 2019Volvo’s First Electric Trucks Put to Work
Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.
February 20, 2019