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North American Class 8 orders in December were 30,300, amplifying a trend of year-over-year gains in 2022 that began in September — the highest-ever month for orders, ACT Research reported.

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.

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.

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.

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.

Colonial Pipeline Co. halted operations on a critical conduit that supplies fuel to the U.S. Northeast, the latest disruption to energy flows following an outage on the Keystone oil pipeline in December.

Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the company’s valuation.

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.

Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.

Amazon.com Inc. is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening.