Bloomberg Puerto Rico plans to cancel a $300 million contract to rebuild the hurricane-ravaged electrical grid that went to a tiny company based in Interior Secretary Ryan Zinke’s Montana hometown, the head of the island’s power utility said. Ricardo Ramos, executive director of the Puerto Rico Electric Power Authority, or Prepa, said he will request permission from the utility’s board ...

Bloomberg Toyota Motor Corp. is eyeing airless tires to help reduce the weight of battery-electric and fuel-cell vehicles and boost performance, even though the technology is years away from being ready for commercial use. The automaker is using airless tires—featuring individual motors in each wheel—on a vehicle for the first time with its hydrogen-powered concept car, Fine-Comfort Ride, unveiled at ...

Bloomberg China’s Didi Chuxing is in talks with Japanese taxi operator Daiichi Koutsu Sangyo Co. to provide ride-hailing services for Chinese tourists visiting Japan, according to a person familiar with the matter. The service is expected to launch this spring and will allow visitors from the mainland to use Didi’s app to summon and pay for Daiichi Koutsu’s taxis operating ...