ºÚÁϳԹÏÍø

DETROIT — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.

MORGAN CITY, La. — Hurricane Francine barreled toward Louisiana on Sept. 11, strengthening to a Category 2 storm that could bring deadly storm surge to the U.S. Gulf Coast.

WASHINGTON — The post-pandemic spike in inflation eased last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates.

Construction is scheduled to begin in the fall of 2026 to update the Coburn Gore land port of entry.

U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.

Wabash National Corp. said it is reviewing its legal options after a jury handed down $462 million in damages against the trailer manufacturer after a fatal crash.

Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.

Truck refueling specialist Greenlane won a $15 million grant from the South Coast Air Quality Management District to expedite construction of its flagship Colton, Calif., facility.