Industries

Paul Ryan makes 'good bet' on US oil, gas with SPAC deal

Executive Network Partnering Corporation Chairman and former U.S. Speaker of the House Paul Ryan discusses his investments in American oil exploration and his midterm election predictions in a wide-ranging interview on 'Varney & Co.'

GM beats inflation as US demand drives quarter

The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.

Toyota eyes Tesla, scrambles for EV reboot

A working group within Toyota has been charged with outlining plans by early next year for improvements to its existing EV platform or for a new architecture, sources said.