Category: News

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.

BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

Cruise, the self-driving vehicle unit of General Motors Co., has dismissed nine top executives, including Chief Operating Officer Gil West and the heads of legal and government affairs.

U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.

The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.

SAN ANTONIO — Rush Enterprises technician Michael French was named grand champion by his company during a vehicle maintenance competition Dec. 12.

Iowa-based flatbed carrier TMC Transportation is consolidating its Southeastern U.S. presence via a $38 million investment in its South Carolina operations.

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

The Biden administration as early as Dec. 15 will release policy guidance that will help determine the economic viability of producing lower-emitting jet fuel from corn and other crops.