A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
January 9, 2023Search
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Gasoline Prices Set to Rise if Corn Belt States Win Fuel Fight
Some Americans could end up paying more for their gasoline thanks to a plan by seven Midwestern state governors to boost the use of corn-based ethanol.
January 9, 2023Virginia Announces Deals for Distribution Facility, Plant Expansion
Virginia has unveiled a new economic development plan, boosted by the capture of a $61.6 million deal to establish an East Coast distribution facility and a $9 million plant expansion near two freight corridors.
January 6, 2023Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020
A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.
January 6, 2023Hiring Stays Brisk as Employers Add 223,000 Jobs
WASHINGTON — America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy, yet also a sign that the Federal Reserve may still have to raise interest rates aggressively to slow growth and cool inflation.
January 6, 2023Speaker Holdup Stalls GOP Agenda
Multiple failed attempts in the House of Representatives to solidify Rep. Kevin McCarthy (R-Calif.) as the next Speaker of the House delayed the GOP caucus from kicking off its legislative agenda on time, as every official function in the chamber requires a signoff from the speaker.
January 5, 2023Mercedes to Build Its Own EV Charging Network
Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.
January 5, 2023FMCSA Proposes Financial Security Requirements for Freight Forwarders
The Federal Motor Carrier Safety Administration has issued a proposed rule that establishes financial security requirements for freight forwarders, taking further action on legislation that stretches back more than a decade.
January 5, 2023EV Tax Credit Rulings Please Some Automakers, Exclude Others
The U.S. government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co. with guidance on which electric vehicles will qualify for tax credits in the coming months.
January 5, 2023Labor Data Surprises as Job Market Runs Hotter Than Forecast
Data released Jan. 5 reinforced the strength of the labor market, with hiring at U.S. companies far exceeding expectations and applications for jobless benefits falling to a three-month low.
January 5, 2023