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Unlike its global rivals, the German carmaker has not set a date to phase out gas-powered cars, and investors aren’t pleased. BMW says its next...

The initiative would also promote the construction of charging stations and include financial incentives for consumers and carmakers.

But shortages of computer chips remain a problem, and could curtail production of as many as 90,000 vehicles at BMW alone this year.

An electrified highway is theoretically the most efficient way to eliminate truck emissions. But the political obstacles are daunting.

The Swiss bank, which lost $5.5 billion in the hedge fund’s collapse, will fire nine employees and order that some bonuses be paid back.