Author: Bloomberg News

Colonial Pipeline Co. shut the largest U.S. fuel pipeline Jan. 14 to investigate a potential leak in Georgia.

The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.

The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter, giving U.S. automakers a much-needed boost after a disappointing year.

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

It isn’t clear whether congressional Democrats or the White House have agreed to the latest package. House Republicans plan to vote on it Dec. 19.

The drama left Johnson huddling with allies in his Capitol office to come up with a Plan B that would keep the government financed and avoid the political pain of a shutdown come Dec. 21.

Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.

Congress reached agreement on more than $100 billion in emergency relief funding for victims of a series of disasters, including hurricanes Helene and Milton and the Baltimore bridge collapse.

The U.S. agriculture industry has started talks with Donald Trump’s transition team in a bid to advocate for the food business as the president-elect pledges tariffs and mass deportations.