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United Rentals Inc. agreed to buy H&E Equipment Services Inc. for $3.4 billion in cash, gaining a fleet of equipment to serve construction and industrial markets.

HARRISBURG, Pa. — The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge.

LOS ANGELES — President Joe Biden signed an executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations can be built quickly and at scale.

President-elect Donald Trump is likely to maintain new U.S. limits on global sales of AI chips by Nvidia Corp. and others, a top Biden administration official said.

Toyota Motor Corp.’s salaried workers in North America are being ordered back to the office Monday through Thursday starting in September.

LAS VEGAS — Volvo Group CEO Martin Lundstedt outlined the global truck manufacturer’s vision for a cleaner, safer and more productive transportation industry at CES 2025.

Mexico President Claudia Sheinbaum announced a plan to reduce the country’s imports from China in a bid to support local industry and align herself with the U.S. as a trade partner.

Oil tanker rates jumped as the Biden administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing traders to seek alternative sources of crude.

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned.

North American Class 8 truck orders jumped in December compared with the same month a year earlier, according to ACT Research, for the first such increase since May.