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VinFast Delays North Carolina Plant

VinFast Auto Ltd.’s decision to delay its U.S. factory is the latest challenge to its ambition of becoming a global electric vehicle brand and places further pressure on its sales outlook.

July 15, 2024

AutoNation Warns CDK Hack Put a Dent in Quarterly Earnings

AutoNation warned the cyberattack that crippled retailers across the country until early this month cost the company a significant chunk of second-quarter earnings.

July 15, 2024

World’s First Hydrogen-Powered Ferry to Run in San Francisco

SAN FRANCISCO — The world’s first hydrogen-powered commercial passenger ferry will start operating on San Francisco Bay as part of plans to phase out diesel-powered vessels.

July 15, 2024

Maersk Tankers Bet Billions on Ammonia Fuel Carriers

Some of the biggest names in shipping are betting billions on tankers to transport a type of ammonia that’s scarcely being produced today, wagering it will become integral to decarbonization.

July 15, 2024

Biden Faces Frustration From US Farmers Over Biofuel Policy

President Joe Biden’s re-election campaign has had a tough week. Lingering in the background is a boom he touted for American farmers that hasn’t panned out.

July 12, 2024

NTDC Spotlight: Roland Bolduc

FedEx driver Roland Bolduc of Connecticut has become synonymous with winning at NTDC. This year in Indianapolis, he's setting his sights on grand championship No. 3.

July 12, 2024

Stop & Shop Closing 32 Grocery Stores in US Northeast

Stop & Shop said July 12 that it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year.

July 12, 2024

Class 8 Truck Orders Take Downward Turn in June

North American Class 8 truck orders ended three months of year-over-year gains in June, according to ACT Research. Preliminary data showed orders fell 12% to 14,800 units.

July 12, 2024

Tesla Delays Robotaxi Event in Blow to Musk’s Autonomy Drive

Tesla is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with the decision.

July 12, 2024

FTC Delays Chevron-Hess Decision to After Exxon Arbitration

The FTC plans to delay its decision whether to block Chevron.’s $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg reports.

July 11, 2024