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HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.

Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.

Shell Plc industry veteran Steve Hill has decided to step down, the company said March 11.

DUBAI, United Arab Emirates — Saudi oil giant Aramco on March 10 reported it made $121 billion in profit last year, down from its 2022 record because of lower energy prices.

DETROIT— Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations.

Traditional approaches to transportation procurement often leaves shippers reacting to changes in the marketplace. But with new analytical capabilities, those teams can now take a proactive approach to volatility.

Taiwan Semiconductor Manufacturing Co. is set to win more than $5 billion in federal grants to support a chipmaking project in Arizona, according to people familiar with the matter.

NEW YORK — New Yorkers place over 100 million food delivery orders each year via a very simple process: Press a few buttons on an app, and it’s in their hands in about 30 minutes.

Tesla Inc.’s support among Wall Street bulls is weakening with the lowest percentage of analysts since April 2021 recommending that investors buy the stock.

The North Dakota Department of Transportation is making it easier for new truckers to get behind the wheel by adding six new commercial driver license road test sites.