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Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.

New York City kicked off the first congestion pricing program in the U.S., part of an effort to reduce the number of vehicles in the world’s most traffic-clogged urban area.

A Texas Business Court judge rejected TuSimple’s request for a restraining order and injunctions against the onetime autonomous trucking pioneer’s founder and his latest venture.

A key rail route that connects Texas to Mexico has now opened after Canadian Pacific Kansas City unveiled the new Patrick J. Ottensmeyer International Railway Bridge in December.

A major winter blast of snow, ice, wind and plunging temperatures in the U.S. stirred dangerous travel conditions from central and southern states all the way to the East Coast.

WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block action by the incoming administration to expand offshore drilling.

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

Nippon Steel Corp. and U.S. Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger of the companies, which was blocked last week by President Joe Biden.

WASHINGTON — Republican Mike Johnson won re-election to the House speakership on a first ballot Jan. 3, pushing past GOP hard-right holdouts.