Business

Confidence among U.S. homebuilders climbed more than anticipated in February to the highest level since May 2007, pointing to an improving outlook for construction, Bloomberg reported Wednesday.

Industrial production was unchanged in January despite an increase in factory output, the Federal Reserve said Wednesday.

Manufacturing activity in the New York region expanded in February at the fastest rate since June 2010, the Federal Reserve Bank of New York said Wednesday.

American Trucking Associations asked a federal appeals court on Tuesday to review the Federal Motor Carrier Safety Administration’s recently published hours-of-service rule, citing “changed assumptions” by the agency that went into developing the rule.

Goodyear Tire & Rubber Co. reported a fourth-quarter profit compared with a loss a year earlier, as sales rose for the quarter and full year.

President Obama has included $330 million for programs to combat distracted driving in his six-year transportation spending plan, as part of the administration’s proposed 2013 budget.

Retail sales improved 0.4% in January as sales excluding automobiles rose to a 10-month high, the Commerce Department said Tuesday.

Business inventories rose 0.4% in December while sales increased by the most in five months, the Commerce Department said Tuesday.

PARK CITY, Utah — Shell Lubricants is introducing a fuel-efficient and long-life transmission and gearbox oil that meets the requirements of automatic transmissions used by Volvo Trucks and Mack Trucks, company officials said.