U.S. will revoke Calif. waiver that requires cleaner cars, Trump says

The EPA intends to announce Wednesday that it will revoke the so-called waiver underpinning California’s power to set vehicle greenhouse gas standards, people familiar with the matter told Bloomberg.

Fitch Ratings said a short-term strike is not a credit risk, but a prolonged stoppage "could result in liquidity erosion" to the tune of a few billion dollars of cash burn. No deal was reached after negotiations Tuesday but talks are expected to resume Wednesday, according to a person familiar with the matter.

The project modifies a 2016 master plan to account for the subsequent purchase and renovation of Michigan Central Station in Detroit's Corktown neighborhood for a mobility hub.

The revolving-credit facility is expected to help the company grow a partnership with Uber that helps drivers access vehicles that come ready for ride-hailing operations.

The Swedish supplier said the contract was with an unidentified "world-leading" automaker and is likely the first time a thermal camera will be used as a sensor on a self-driving car.

Ford of Europe President Stuart Rowley told the German newspaper Handelsblatt that a decision about whether to build a second model with VW could happen soon.

The new capital will allow the self-driving truck company to continue developing its technology and expand routes.

New electric vehicles, an all-electric pickup truck and an advanced battery system could draw much of the $7 billion that GM has pledged to invest in the U.S.

The panel has asked Chao, who oversees NHTSA, to provide communications between her or other DOT officials and employees of the Foremost Group, a shipping company founded by her father.

For union members walking the picket lines outside General Motors' U.S. plants, the talks between the UAW and the company come down to the basics: better wages and benefits with job security for some 46,000 hourly employees.