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Manufacturing output, which accounts for three-fourths of total industrial production, was unchanged after an upward revision to June. Mining and utility output both declined.
Colorado and Virginia recently hiked road use fees, while Hawaii, Georgia, Rhode Island and New Jersey are lifting usage fees on EVs.
The smallest U.S. cattle herd in decades is taking a big toll on profit at JBS NV, driving deepening losses at its largest operation.
A scarcity of diesel technicians facing career obstacles is a widening concern for a trucking industry that depends on them, according to a new American Transportation Research Institute report.
Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
Venture Global prevailed over Shell in an arbitration case about a contract dispute, capping a two-year fight between the oil giant and the liquefied natural gas exporter.
The Port of Los Angeles said it handled the highest container volume in its 117-year history last month, as uncertainty over President Donald Trump’s tariffs drives shippers to front-load cargoes.
Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.
President Donald Trump on Aug. 11 extended a tariff truce with China for another 90 days through Nov. 10, stabilizing trade ties between the world’s two largest economies.
The plan is part of what Farley called a “tremendous pivot” away from its earlier strategy of electrifying its largest models, which it largely abandoned a year ago.
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