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In the two years since President Biden signed the measure into law, the Commerce Department indicated it has announced more than $30 billion in private sector investments across 15 states.

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.

DETROIT — Federal safety authorities say they are seeking information on a crash and fire involving a Tesla Cybertruck that killed a driver of the futuristic new pickup.

From coast to coast, a $1 trillion bipartisan infrastructure package is breathing life into long-awaited transportation projects.

New York City officials plan to launch an automated enforcement weigh-in-motion program for inbound Staten Island traffic after it proved successful on the Brooklyn-Queens Expressway.

SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.

The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.

Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.

A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.