Author: Bloomberg News

Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker.

President Trump endorsed a 25-cent increase of the fuel tax to pay for a proposed U.S. infrastructure plan on Feb. 14, Axios reports, citing two unidentified people familiar with the matter.

Congress voted to end the U.S. government shutdown after three days by passing a temporary spending bill, prolonging the fight over a politically charged immigration proposal for at least another three weeks.

The U.S. government officially entered a partial shutdown early Jan. 20 as Senate leaders struggled to reach a deal to at least temporarily resume funding for federal operations before Americans awoke to a political breakdown.

JD.com Inc. added so much warehouse space in three months that the new construction could cover just about every inch of Monaco, a pace of expansion that rivals growth at Amazon.com Inc.

“California Regulates Cow Farts,” is how a New York Post headline put it, implying it was a wacky move by Governor Jerry Brown. In fact, California’s methane law represents a serious attempt by America’s biggest dairy state to come to grips with a potent greenhouse gas.

A Chinese startup with powerful backing plans to test a fleet of self-driving trucks in Arizona and Shanghai next year, competing with Uber Technologies Inc. and Alphabet Inc.’s Waymo in transforming the way goods are delivered.

U.S. stocks rose and Treasuries declined as reports showing a gain in consumer sentiment and a rise in manufacturing offset a mediocre August employment report.

As much as 10% of U.S. fracking work could be delayed after Hurricane Harvey ripped through southeast Texas, soaking thousands of miles of dirt roads snaking through one of the nation’s busiest oilfields.

Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.