News

The Delaware DMV is inviting private companies to apply to become providers of third-party commercial driver license skill tests before the state launches this new capability next spring.

While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.

The value of retail purchases, not adjusted for inflation, increased 0.7% after upward revisions to the prior two months, Commerce Department data showed Dec. 17.

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

If insufficient progress is made on a deal by early Dec. 18, the board of union IG Metall is prepared to hold a vote at the end of the week to pave the way for 24-hour walkouts.

Lion’s problems stem from delays in subsidy programs, supply chain disruptions, scaling issues, too many vehicle models being developed at the same time and slower EV adoption.