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Shopify Inc. beat expectations in the second quarter, with adjusted profit per share more than double what analysts had forecast, and said operating earnings for 2021 should exceed last year’s.

Today, President Joe Biden will visit Mack Trucks in Lower Macungie Township, Pa., in conjunction with the White House’s proclamation designating July 26-30 as “Made in America Week.” Watch live.

WASHINGTON — In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years. He’s then aiming for even tougher antipollution rules after that to forcefully reduce greenhouse gas emissions and nudge 40% of U.S. drivers into electric vehicles by decade’s end.

Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.

Volvo Trucks North America announced its Volvo Blue Contract service offering, a premium plan for new trucks.

Truck dealership Rush Enterprises reported decidedly higher net income and revenue for the second quarter as the nation’s economy and the company’s markets bounced back.

Minnesota is the latest state — and the first in the Midwest — to adopt California’s stricter tailpipe emission standards and mandate for automakers to get more zero-emission vehicles onto sales lots.

Robust e-commerce business and the company’s role in delivering millions of COVID-19 vaccines worldwide helped contribute to strong second-quarter financial results for Atlanta-based UPS Inc.

Lordstown Motors Corp., the electric-vehicle startup struggling to find cash to move into production, reached a deal to sell as much as $400 million in stock over the next three years to an investment fund managed by Yorkville Advisors Global.

Two U.S. senators proposed repealing the excise tax on new trucks as an effort to modernize the freight industry.