Automotive

BRUSSELS (AP) — European Union lawmakers and member countries reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035.

DETROIT (AP) — All summer long, Aleen Hudson kept looking for a new minivan or SUV for her growing passenger shuttle service. She had a good credit rating and enough cash for a down payment.

NEW YORK (AP) — Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock fell sharply in after-hours trading due to weaker-than-expected revenue and disappointing projections for the current quarter.

Election Day is Nov. 8, but legal challenges already begin WASHINGTON (AP) — Election Day is 12 days away. But in courtrooms across the country, efforts to sow doubt over the outcome have already begun.

TOKYO (AP) — Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm. Since 2016, Japan's key interest rate has been minus 0.1%.

OTTAWA — U.S. Secretary of State Antony Blinken will visit Ottawa and Montreal this week, ahead of major global summits and a possible military intervention in Haiti.

DETROIT (AP) — General Motors said Wednesday that it has secured all of the renewable energy it needs to power all of its U.S. facilities by 2025, 25 years ahead of earlier projections.

Tesla, the first high-volume EV maker, was early to promise a zero-emission pickup, but it was Rivian, an American startup, that delivered the first mass-production EV truck.

BEIJING (AP) — Global stock markets mostly gained Wednesday on hopes the Federal Reserve might ease off plans for interest rate hikes, while London opened lower after Britain installed its third prime minister this year amid an economic crisis.

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year.