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Volvo Group plans to build a 115,000-square-foot parts distribution center in Tacoma, Wash., the parent company of Volvo Trucks North America and Mack Trucks said.

The value of exports to the U.S. fell by 8% compared with the same period last year. By contrast, exports across the Atlantic had increased by an average of 5% per year between 2016 and 2024.

Per an indictment filed Aug. 28, the individuals solicited and accepted bribes in exchange for providing CDLs to individuals who did not undergo “legally required training or testing.”

As tensions mount between Venezuela and the U.S., Chevron remains the only global oil company with access to Venezuela’s immense crude reserves — the largest known.

Cintas said its new bid implies a total value of about $5.2 billion. It represents a 62% premium to the stock’s last closing price after shares fell in the wake of the last offer being rebuffed in March.

The power failures, which at one point affected 130,000 customers, closed stores and disrupted transit during the busy holiday shopping period — including many Waymo cars.

Joe DePinto, 63, was CEO for two decades and orchestrated its expansion through the acquisition of Speedway and Sunoco gasoline stations.

Elon Musk won reinstatement of his 2018 pay package as CEO of Tesla, after the Delaware Supreme Court reversed the finding of a judge who said the billionaire had influenced board members.

Polestar Automotive Holding UK has secured $300 million in new financing, giving the cash-burning electric vehicle maker a fresh lifeline as it contends with heavy losses.

The move comes less than one month after Richmond, Va.-based PFG and US Foods called off talks for a planned merger that would have reshaped the food service carrier arena.