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Trump's administration intends to control the distribution of Venezuela’s oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid.

First Brands warned it will run out of cash without an immediate financing injection, a shortfall that could force the bankrupt auto parts maker to shut down some businesses and sell other operations.

Exxon Mobil said lower oil prices reduced fourth-quarter results by $800 million to $1.2 billion, one of the first signs that Big Oil is facing a tough earnings season. 

American Truck Dealers President Jacqueline Gelb during her first year on the job saw her members score major regulatory wins, and she’s eyeing another Capitol Hill victory in the year ahead.

But there are still several policy areas either with loose ends from 2025 or with unchecked boxes on the administration's to-do list. The pending issues span trade, safety, technology and more.

The delay from Jan. 14 comes after Ford made objections to the hearing's subject matter, invite list and scheduling.  It was set to take place on the industry and press day of the Detroit Auto Show.

U.S. European Command announced the seizure of the Bella 1. Secretary of 91ÊÓƵland Security Kristi Noem revealed that U.S. forces also took control of the tanker Sophia in the Caribbean.

The U.S. Postal Service is cutting ties with drivers who hold non-domiciled commercial driver licenses and have not been subjected to careful internal vetting, the agency said.

Valero plans to begin shutting some of the Benicia refinery operating units in February before fully winding it down by the end of April.

The proposal adds to the growing scrutiny of electric vehicle doors following a series of incidents in which people were severely injured or died when they were unable to escape.