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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.
Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.
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.
Performance Food Group Co.’s board determined there was “no basis” to engage with US Foods Holding Corp. after its rival requested that it share information for a potential merger, according ...
Soybean futures fell as concerns over sluggish demand for U.S. supplies prompted traders to take profits after a three-day winning streak.
The relationship between America’s truck makers and the California Air Resources Board forged in the Clean Truck Partnership is beginning to fray.
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 U.S. lumber industry says financial support pledged by Canada to domestic forestry companies risks deepening the neighbors’ long-running trade dispute and may result in yet more import taxes.
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.
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