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Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.

The U.S. trade deficit narrowed in August to the smallest in five months, helped by a larger services surplus and a pickup in merchandise exports.

PepsiCo lowered its organic revenue forecast for the year after U.S. consumers continued to pull back on buying its snacks and drinks.

The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.

TAMPA, Fla. — Hurricane Milton weakened slightly but remained a ferocious storm that could land a once-in-a-century direct hit on the populous Tampa Bay region with towering storm surges.

The national average diesel price increased 4 cents to $3.584 per gallon, according to U.S. Energy Information Administration data released Oct. 7. 

Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.

This makes Milton one of the most powerful storms produced in the Atlantic this year, rivaled only by Hurricane Beryl, which raked Texas, Mexico and the Caribbean in July.

Launched on Oct. 1, the ProMiles commercial web-based system streamlines the administration of self-issued permits while maintaining existing state permit requirements.

The evaluation examines multiple facets of operations, from the core self-driving component to the ecosystem of supporting services.