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Colorado Court Schedules Kroger-Albertsons Hearing in August

A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.’s proposed acquisition of rival Albertsons Cos. in mid-August.

March 25, 2024

Diesel Price Nudges Up to $4.034 a Gallon

The national average diesel price edged up six-tenths of a cent to $4.034 a gallon in its second consecutive modest increase, according to Energy Information Administration data released March 25.

March 25, 2024

Tesla Staff Ordered to Demo Full Self-Driving Mode to Buyers

Tesla Inc. staff are now required to install and demonstrate the company’s driver-assistance technology before handing cars over to buyers in North America.

March 25, 2024

Lucid Surges on $1 Billion Lifeline From Saudi Investor

Lucid Group is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled EV maker with a needed lifeline.

March 25, 2024

Biden Enacts Fiscal 2024 Bills

Enactment of a fiscal 2024 funding package by President Joe Biden on March 23 paves the way for negotiations on next fiscal year’s funding measures.

March 25, 2024

Fisker Mulls Bankruptcy After Talks With Automaker Collapse

Struggling electric vehicle startup Fisker Inc. said it needs to renegotiate terms for recent financing or face the possibility of filing for bankruptcy protection.

March 25, 2024

Nissan Promises Aggressive EV Push

TOKYO — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process.

March 25, 2024

Exxon Presses Case for Hydrogen Tax Credit

Exxon Mobil pressed the case for hydrogen produced from natural gas to receive U.S. tax credits under the IRA after signing an accord to sell the fuel to Japan’s biggest power provider.

March 25, 2024

CATL Works With Tesla on Fast-Charging Cells

Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000.

March 25, 2024

Boeing CEO Dave Calhoun to Step Down This Year

Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.

March 25, 2024