Bloomberg The next battleground for replacing fossil fuel-guzzling vehicles will be US interstate highways, where long-haul trucks keep the economy moving. Electric trucks are coming, and they’ll be cleaner and cheaper to operate than conventional models that burn diesel, according to Tesla Inc., which already has prototypes on the road. Diesel advocates say range and recharging will be bigger hurdles ...

Bloomberg Aimia Inc. soared after a group led by Air Canada agreed to buy its Aeroplan business for $345 million in cash, ending a takeover battle for one of Canada’s most popular loyalty programs. Air Canada and its banking partners sweetened their bid for Aeroplan, winning over Aimia’s board and an activist shareholder that was seeking a higher price. Air ...

Bloomberg Air China Ltd.’s parent is seeking private money for an air-cargo and logistics venture with planned total investment of $1.5 billion as part of Beijing’s mandate for state-owned firms to diversify their ownership. China National Aviation Holding Co., the state-owned controlling shareholder of Beijing-based Air China, is among companies looking for private partners under the nation’s so-called mixed-ownership reform, ...