The new rule, part of an ongoing effort by the Trump administration to modernize standards for driverless cars, could ease the path for purpose-built autonomous vehicles including Tesla’s Cybercab.

The naval arm of the Revolutionary Guard said the new route was established “without notice or coordination with the Islamic Republic of Iran,” calling it “unacceptable and completely dangerous.”

Brent crude, the international standard, was down 0.2% to $73.70 a barrel. The  U.S. and Iran continue to negotiate a possible end to their war.

Excluding the volatile energy and food categories, core prices rose 3.4% in May compared with a year earlier, up from 3.3% in April and the largest increase since October 2023.

The growth in GDP marked a rebound from a sluggish 0.5% in the last three months of 2025 when a 43-day federal government shutdown weighed on the economy.

Hertz stock plunged the most since its initial public offering five years ago after the car renter warned of pressure on earnings and plans to issue new debt.

Former Tricolor Holdings Chief Operating Officer David Goodgame pleaded guilty to fraud charges stemming from the used-car dealer and lender’s collapse in 2025.

NTSB opened an investigation into a fatal crash this month involving a Tesla sedan in Texas, expanding scrutiny of an incident that has drawn national attention.

Markets are weakening across Europe and Asia as buyers find themselves inundated with offers for cargo.

Agility Robotics becomes the first publicly traded company entirely devoted to building and selling humanoids. Its early customers include Toyota.

The move by Freightliner and Western Star’s parent company kick-starts competition with Volvo Group’s Cespira hydrogen ICE powertrain joint venture.

Toyota is expected to grow its market share to 15.8% in the first half of this year, while GM’s share is expected to tumble by almost 1 percentage point to 16.8%.

Tesla’s automated technology failed to detect the end of the roadway and stop before slamming into a brick house, according to the lawsuit filed June 23 in Texas state court.

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

Speaking to employees, officials and political allies, the president framed Mack Trucks as a symbol of domestic industrial strength and his trade approach.

Weekly fertilizer exports through Hormuz have climbed back from near zero for most of the war to almost 530,000 tons in the week ended June 21, Kpler data shows.

The company is pitching a customizable, low-cost pickup as an antidote to expensive trucks and SUVs, testing whether affordability can broaden the appeal of EVs.

The national average retail price declined to $4.98 a gallon on June 24, still well above the $3.76 a gallon recorded on the eve of the U.S.-Iran war.

Brent crude fell $1.59 to $75.21 a barrel. Trump said that gas prices are not matching the decline in oil prices, so he has told the Justice Department “to immediately start looking into this.”

The revocations were part of a corrective plan that Texas DPS was ordered to follow after being found by FMCSA auditors to have issued noncompliant licenses.