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Diesel Increases 0.4¢ to $2.428 for First Increase in Four Weeks

The average price of diesel increased for the first time in four weeks, inching up four-tenths of a cent nationally to $2.428 per gallon on Aug. 10, according to the Energy Information Administration’s weekly report.

August 12, 2020

Trump’s Executive Actions Fail to Jolt Stalled Relief Talks

Two days after President Donald Trump moved to implement scaled-down coronavirus relief without congressional approval, there’s no indication the tactic will get Republicans and Democrats back to the negotiating table for a comprehensive stimulus.

August 10, 2020

Fiat Chrysler Calls GM’s Bribery Allegations ‘Preposterous’

Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are “preposterous” and read like a script from a “third-rate spy movie,” FCA lawyers wrote in court documents filed Aug. 10.

August 10, 2020

Hydrogen Cars a Step Closer in Sydney After Hyundai Supply Deal

Hydrogen-powered vehicles could soon be more common on the streets of Australia’s biggest city after Hyundai Motor Co. reached a supply deal for the zero-emission fuel with local producers.

August 10, 2020

USPS Overhaul Challenged by Democrats

The U.S. Postal Service overhauled its organizational structure, as Democrats called for an investigation into whether the changes implemented by President Donald Trump’s postmaster general pose a threat to mail-in ballots for the November election.

August 10, 2020

Trump Allows Some Unemployment Pay, Defers Payroll Tax

BEDMINSTER, N.J. — Seizing the power of his podium and his pen, President Donald Trump on Aug. 8 moved to bypass the nation’s elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.

August 8, 2020

Ringleader Pleads Guilty in Connection With Staged La. Accidents

The ringleader of a New Orleans-area group that staged accidents with unsuspecting tractor-trailer drivers has pleaded guilty for his role in the conspiracy.

August 7, 2020

Mnuchin Says Trump to Take Executive Action as Stimulus Talks Stall

Treasury Secretary Steven Mnuchin said he’ll recommend President Donald Trump move ahead with executive action on unemployment aid, evictions and student loans after another round of negotiations with Democrats on a virus relief plan ended without any agreement.

August 7, 2020

Allison Earnings, Revenue Fall Amid Pandemic Disruptions

Allison Transmission Holdings Inc. reported second-quarter net income and revenue were sharply lower after the novel coronavirus pandemic upended supply chains and demand.

August 7, 2020

USPS Loses $2.2 Billion in 3 Months as Virus Woes Persist

The U.S. Postal Service says it lost $2.2 billion in the three months that ended in June as the beleaguered agency — hit hard by the coronavirus pandemic — piles up financial losses that officials warn could top $20 billion over two years.

August 7, 2020