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Honda to Invest $65 Billion Over 10 Years to Bolster EV Push

Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.

May 16, 2024

Walmart Delivers Strong First Quarter

NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.

May 16, 2024

Deere Cuts 2024 Profit Outlook on Lower Tractor Sales

Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors.

May 16, 2024

Patent Infringement Probe Opens Against Motive Technologies

The U.S. International Trade Commission agreed to open an investigation into patent infringement allegations by Samsara that Motive Technologies has violated a provision of the Tariff Act.

May 16, 2024

Long Beach ā€˜Tri-Gen’ Ops Start for Toyota Vehicle Facility

Civic officials and business executives on May 2 celebrated the opening of ā€œTri-gen,ā€ an energy generation project at the Port of Long Beach.

May 15, 2024

Amazon Workers Say They Struggle to Afford Food, Rent

Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.

May 15, 2024

Judge: Tesla Must Face Suit Alleging Buyers Were Misled

Tesla must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a U.S. district judge ruled May 15.

May 15, 2024

Bridge From Galveston to Island Closes After Barge Strike

A bridge connecting Galveston, Texas, with a small nearby island was shut down after a barge strike.

May 15, 2024

Executives, Analysts See Less Cloudy Truckload Market Outlook

The outlook for truckload freight markets and rates is less cloudy after a dismal first quarter, according to carriers and analysts.

May 15, 2024

Range, Thermo King Team Up on Electric Reefer Trailer Pilots

Range Energy is teaming up with Thermo King to investigate the possibilities for electric refrigerated trailers, the companies said May 9.

May 15, 2024