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Wall Street’s optimistic view on Tesla Inc. further solidified Aug. 26 after a Jefferies analyst more than doubled his price target on the stock, saying the company will continue to broaden its competitive edge in multiple dimensions, including battery capacity and industrial efficiency.

The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said.

White House Chief of Staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs should Congress fail to provide assistance in a new round of stimulus.

Roadrunner Transportation Systems said it consists solely of its less-than-truckload operations, having finished its multiyear restructuring plan earlier this year.

CLEVELAND — Youngstown, Ohio, trucker Geno DiFabio received prime time billing at this week’s Republican National Convention, appearing in a video Aug. 25 with Vice President Mike Pence praising President Donald Trump’s handling of the Lordstown General Motors assembly plant closure.

Schneider said it will test the Freightliner eCascadia through 2021 to address potential challenges to widespread use of commercial battery-electric vehicles.

The Trump administration is pushing back on demands for evidence sought by 14 states that sued over operational changes at the U.S. Postal Service they say could hobble mail-in balloting ahead of November’s election.

The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy.

DELCAMBRE, La. — Laura strengthened Aug. 26 into a menacing Category 4 hurricane, raising fears of a 20-foot storm surge that forecasters said would be “unsurvivable” and capable of sinking entire communities. Authorities implored coastal residents of Texas and Louisiana to evacuate and worried that not enough had fled.

U.S. orders for durable goods rose in July by more than double estimates amid a continued surge in automobile demand, indicating factories will help support the economic rebound in coming months.