Gospel Boat, a Chinese vessel manufacturer, has entered into an agreement with ACEL Power to purchase 1,000 electric propulsion units over the next five years. With this move, Gospel Boat aims to ...

Last fall, General Motors and Hyundai announced they were exploring a partnership focused on joint product development, manufacturing, and future clean energy technologies. Specifics were few and far ...

The power company has sought to hike rates as it pours billions into shoring up its historically unreliable grid. It says other savings will offset bill increases in 2025.

A Portland General Electric proposal to upgrade existing transmission lines in Forest Park would cut down too many trees, harm local efforts to combat climate change and fails to adequately consider ...

Costco shareholders overwhelmingly voted against a proposal that the company characterized as a way to undermine DEI policies.

In Commercial Engines and Services, revenue climbed 19% to $7.65 billion, above the FactSet consensus of $7.32 billion, amid expanded shop visits, higher spare parts and prices. Orders soared 49.8% to ...

A former high-ranking Keolis employee has pleaded guilty to stealing more than $8 million intended to operate the MBTA commuter rail system and to defrauding the IRS, the U.S. Attorney said Thursday.

As the Illinois Environmental Protection Agency announces another round of funding for an electric vehicle rebate program, the landscape is changing after a new administration moved into the White ...

The U.S. Attorney said John Pigsley, an assistant chief engineer, admitted to committing wire fraud and tax evasion. The money was meant to help operate the MBTA Commuter Rail. He will be sentenced in ...

CEO Larry Culp is intent on returning cash to stockholders, but he prefers more share repurchases at the expense of direct payouts.

GE Aerospace's stock is surging 6.8% after its upbeat earnings report, and was heading for the highest close since October 2007. The company, formerly known as General Electric u ...

Cadillac has just set a new benchmark in electric vehicle performance with the unveiling of the 2026 Cadillac LYRIQ-V, its first all-electric model in the iconi ...