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Motorists taking advantage of electric vehicle tax breaks contained in a $739 billion Senate bill introduced this week will be well-served by existing and planned infrastructure in the West, Transportation Secretary Pete Buttigieg said in Coeur d’Alene, Idaho, on July 29.

Canadian Pacific Railway posted a drop in net income but an increase in revenue for the second quarter, as it confronts renewed opposition to its planned acquisition of Kansas City Southern Railroad.

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

NEW YORK — Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

WASHINGTON — An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, and leaving Americans with no relief from surging costs.

Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.

Legislation to boost domestic semiconductor manufacturing while improving freight access along the nation’s supply chains was sent to President Joe Biden’s desk July 28.

Schneider National posted increases in revenue and earnings during the second quarter of 2022, the company reported July 28.

Trailer maker Wabash in Q2 reported record quarterly revenue, net income nearly doubled, and it opened its 2023 order book — making it among the first in the industry to do so.

Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.