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Automakers to meet with U.S. transportation, EPA chiefs

Major automakers are set to meet with the head of the U.S. Transportation Department and Environmental Protection Agency as the agencies begin a review of federal fuel efficiency rules.

| UPDATED: 4/26/17 4:17 pm ET - adds stock close
Lear posts 23% boost in Q1 net income

Seating and electronics supplier Lear reported a 23 percent leap in 2017 first-quarter net income and stronger profit margins.

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| UPDATED: 4/26/17 4:17 pm ET - adds stock close
Lear posts 23% boost in Q1 net income

Seating and electronics supplier Lear reported a 23 percent leap in 2017 first-quarter net income and stronger profit margins.

| UPDATED: 4/26/17 3:19 pm ET - new story
White House unveils opening bid for 'biggest tax cut'

The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals.


Oil powerhouse Total predicts a boom in EV sales

Electric cars are coming fast -- and that's not just the opinion of carmakers anymore. Total, one of the world's biggest oil producers, is now saying EVs may constitute almost a third of new-car sales by the end of the next decade.

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