Lance also cautioned the federal government against any significant changes to the tax structure, saying it could have dire consequences for oil and natural gas investments.

The cuts will amount to about 683 employees, and the company will also divest its first-party vehicle service business.

BP’s profits have soared this year as Russia’s invasion of Ukraine has pushed up wholesale gas prices.

Two major chip manufacturers just slashed their outlooks for the near term, warning of waning demand for consumer products and lighter shipments from plants.

National supplies of  trucking fuel have remained flat heading into winter, which could mean higher prices across the country in the coming weeks.

An ongoing tech war between the U.S. and China is unfolding. It continues to drive the diversification of tech supply chains away from China.

Germany's foreign minister said it showed what the international community could achieve if it refused to be blackmailed by Russia.

Retailers have invested heavily in predictive analytics to drive accurate purchasing. Yet they still have significant overstock problems.

Russia halted its backing for the deal on October 29, accusing Ukraine of using a safety corridor to attack its fleet.

Hou’s dismissal follows months of upheaval at TuSimple, including the departures of its chief financial officer and chief legal officer.