Ford touts ample supply deals to hit electric vehicle goals
DETROIT — Ford says it has contracts to deliver enough batteries to produce electric vehicles at a rate of 600,000 globally per year by late…
AP Wire
Japan trade deficit grows as oil prices surge, yen drops
TOKYO — Japan’s trade deficit for the first half of this year totaled nearly 8 trillion yen ($58 billion), because of surging oil prices and…
US Postal Service to boost purchases of electric vehicles
WASHINGTON — The U.S. Postal Service plans to substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks,…
EXPLAINER: Can Europe live without Russian natural gas?
BERLIN — Europe faced an energy crisis even before the Nord Stream 1 pipeline from Russia to Germany went offline for regular maintenance. Government officials…
US home sales fell in June as prices reach new heights
Sales of previously occupied U.S. homes slowed for the fifth consecutive month in June as higher mortgage rates and rising prices kept many home hunters…
Sky-high diesel prices squeeze truckers, farmers, consumers
NEW YORK — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids…
Biogen chops expenses in Q2, raises 2022 profit forecast
Cost cutting helped Biogen beat second-quarter expectations soundly even as revenue slid and sales of the drugmaker’s controversial Alzheimer’s treatment collapsed. Aduhelm, a drug once…
US demands talks on Mexican energy policies it calls unfair
WASHINGTON — The United States is putting pressure on Mexico over energy policies that Washington says unfairly favor Mexico’s state-owned electricity and oil companies over…
Researchers: Chinese-made GPS tracker highly vulnerable
BOSTON — A popular Chinese-made automotive GPS tracker used by individuals, government agencies and companies in 169 countries has severe software vulnerabilities, posing a potential…
Warren Buffett’s firm owns nearly $11B of Occidental stock
OMAHA, Neb. (AP) — Warren Buffett’s Berkshire Hathaway now owns nearly $11 billion worth of Occidental Petroleum stock after buying another 1.9 million shares in…