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Durable Goods Orders Climb

Durable goods orders rose in May, the third consecutive monthly increase, the Commerce Department said today.

GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Eaton Says OEM Selects Its Tech for EV Platform

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.