Matt Ott

Business, Fuel

Electrify America to Double EV Charging Stations by 2025

A Chevrolet Bolt charges at an Electrify America site A Chevrolet Bolt charges at an Electrify America site outside the Colorado Mills outlet mall in downtown Lakewood, Colo. (David Zalubowski/Associated Press)

SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.

Matt Ott | Associated Press
July 13, 2021
Government, Business

US Trade Deficit Rises 1.9% in January

Cranes at Port of Tacoma Cranes take containers off a Yang Ming Marine Transport ship at the Port of Tacoma in Washington. (Ted S. Warren/Associated Press)

SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce.

Matt Ott | Associated Press
March 5, 2021
Business, Technology, Fuel

Volvo to Make Only Electric Vehicles by 2030

Volvo XC40 The Volvo XC40 Recharge electric SUV is displayed during an event in Los Angeles in October 2019. (Patrick T. Fallon/Bloomberg News)

Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online.

Matt Ott | Associated Press
March 2, 2021
Business, Equipment

Goodyear Acquires Cooper in All-American Tire Deal

Goodyear sign Evert Nelson/The Topeka Capital-Journal via AP, File

Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that will combine the two century-old Ohio manufacturers.

Matt Ott | Associated Press
February 22, 2021
Government, Business

Factories Grow at Slower Pace in January

cigar maker Zeida Hernandez makes cigars at the J.C. Newman Cigar Co. in Tampa. (Douglas R. Clifford/Tampa Bay Times via AP)

SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.

Matt Ott | Associated Press
February 1, 2021
Government, Business

Services Sector Expands for Fifth Straight Month

Workers at restaurant Mark Abramson/Bloomberg

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.

Matt Ott | Associated Press
November 4, 2020
Government, Business

Trade Deficit Falls to $63.9 Billion in September

containership Ted S. Warren/AP

The U.S. trade deficit fell in September after hitting a 14-year high in August as exports outpaced imports.

Matt Ott | Associated Press
November 4, 2020
Government, Business

Consumer Prices Rise 0.2% in September; Used Vehicles Spike

A business displays a sale sign in Surfside, Fla., on Oct. 12. (Wilfredo Lee/Associated Press)

U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.

Matt Ott | Associated Press
October 13, 2020
Government, Business, Equipment

Home Construction Jumps 17.3% in June

Construction workers build a new home in Houston on June 23. Construction workers build a new home in Houston on June 23. (David J. Phillip/Associated Press)

Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring’s massive slowdown in building activity due to the coronavirus outbreak.

Matt Ott | Associated Press
July 17, 2020
Business, Equipment, Logistics

Manufacturing Bounces Back in June on Reopenings

Ford employees work on a ventilator at a plant in Michigan on May 13. Ford employees work on a ventilator at a plant in Michigan on May 13. (Carlos Osorio/Associated Press)

U.S. manufacturing rebounded in June as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic.

Matt Ott | Associated Press
July 1, 2020

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