Bloomberg Ericsson AB has taken the unusual step of publicly setting a price tag on what it will cost to license the telecommunications company’s technology for the next generation of high-speed mobile phone networks. Ericsson said it will cap royalties at $5 per phone for higher-end handsets, though it would go as low as $2.50 for less expensive devices. …

  DEARBORN / AP Just because President Trump may weaken US fuel economy requirements, don’t expect gas guzzlers like the giant 13 mpg Hummer H1 to make a comeback. Executives from automakers and suppliers gathered at a conference outside of Detroit said looser fuel economy standards might allow for sales of more trucks in areas where they’re popular. But otherwise, …

  Bloomberg Doritos or a Dodge Challenger? Carvana, an e-commerce platform for used cars, is opening a vehicle vending machine in San Antonio, which is exactly what it sounds like. The four-year-old startup already has similar contraptions in Austin, Houston, and Nashville. Standing eight stories tall, the site is essentially a small garage with room for 30 cars. When a …