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Meritor Inc. reported higher fiscal second-quarter revenue and lower net income reflecting, respectively, strong truck production and a previous distribution agreement termination.

DOVER, Del. — A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that could net Musk more than $50 billion.

Cummins Inc. reported first-quarter net income and revenue soared with recoveries in the North American truck and global construction markets.

Daimler Truck AG and Volvo appointed Matthias Jurytko as CEO of cellcentric, their new fuel cell development 50-50 joint venture. He is scheduled to assume the post June 1.

The U.S. trade deficit widened to a record in March as the value of imports surged to a new high.

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.

Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.

XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3.

Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.