Technology

The U.S. faces a national security “crisis” due to its lack of semiconductor production, Commerce Secretary Gina Raimondo told senators in a hearing on President Joe Biden’s infrastructure plan.

Nikola Corp. shares fell April 20 to the lowest since January 2019, accelerating a selloff that has now erased all their gains since the electric-vehicle startup went public last year.

Boeing is close to finalizing a deal to transfer the lease of its Dreamlifter Operations Center at Paine Field in Everett, Wash., to air cargo carrier FedEx Corp., according to a document reviewed by the Seattle Times that outlines terms of the discussion.

Kansas City Southern reported mixed first-quarter earnings.

DETROIT — Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.

The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.

While venture capitalists salivate over sentient transport trucks and robot SUVs that can safely navigate a Boston blizzard, some of the smartest self-driving engineers are making progress flipping chicken sandwiches.

Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.

Autonomous truck developer TuSimple raised $1.35 billion through its initial public offering, a move that will help fund the company’s push to commercialize self-driving trucks and expand its autonomous freight network across the United States.

Recruiting military veterans for maintenance positions in trucking fleets’ repair shops is an industry goal, but the prospect of finding and transitioning young vets to become civilian service technicians can be challenging.