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Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.

Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.

The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

The Biden administration as early as Dec. 15 will release policy guidance that will help determine the economic viability of producing lower-emitting jet fuel from corn and other crops.

Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system meant to ensure drivers are paying attention when using Autopilot.

New York state economic development incentives helped persuade Whiting Door Manufacturing Corp. to invest $4 million to expand its Akron facility. 

'²õ  will discuss implementation of the 2021  law. Read more in Capitol Agenda.

The U.S. is planning to rebuild an aging land entry port along a remote Alaskan freight route where document exchanges take place in temperatures that often plunge 50 degrees below zero.

Nikola Corp. founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, U.S. prosecutors said.