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The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.

OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.

Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.

More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

U.S. economic growth will slow to 1.6% this year as President Donald Trump’s erratic trade wars disrupt global commerce, drive up costs and leave businesses and consumers frozen by uncertainty.

U.S. factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms pulled back in the face of higher tariffs.

Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.

Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.

A group of small businesses that won a ruling that most of President Donald Trump’s global tariffs are illegal want them blocked during the administration’s appeal.