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U.S. business activity contracted in September for a third straight month, though at a more moderate pace as a pickup in orders and a further softening of inflation allayed concerns of a more-pronounced pullback.

Battery upstarts are salivating over elements in the Inflation Reduction Act, particularly the tax credits for manufacturing components in the U.S.

Ford Motor Co. has begun construction of its $5.6 billion electric vehicle manufacturing complex in western Tennessee, the largest factory project in the automaker’s 119-year history.

TORONTO — Prime Minister Justin Trudeau has signed off on Canada dropping the vaccine requirement for people entering the country at the end of September, an official familiar with the matter told The Associated Press on Sept. 22.

Boeing Co. agreed to pay $200 million to settle U.S. Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.

Robin Hutcheson, President Joe Biden’s nominee to lead the Federal Motor Carrier Safety Administration, was easily confirmed by the U.S. Senate on Sept. 22.

Cenntro Electric Group Limited alongside its subsidiary Cenntro Automotive Europe GmbH unveiled two all-electric commercial vehicles Sept. 19.

FedEx Corp. expects to save as much as $2.7 billion this fiscal year through wide-ranging cost-cutting measures in response to weakening business conditions.

Nikola Corp. founder Trevor Milton wasn’t truthful when he claimed his company was responsible for most of the components in a planned pickup truck General Motors Co. was to build for the electric vehicle maker, a GM engineer testified.