91ÊÓƵ

Charging 25% levies on oil and gas from Canada and Mexico would spike gasoline prices in the Midwest and raise electricity costs along both U.S. coasts.

The Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the Kremlin’s war machine.

The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said.

Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.

Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.

OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.

Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO Carlos Tavares, as the automaker works to fill a leadership void.

Northvolt AB has named Markus Dangelmaier CEO of Northvolt Ett AB, its only factory that’s producing battery cells.

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.