Camila Domonoske

Uber has sold its autonomous vehicle research division to a startup named Aurora. It's a major shift for a company that once saw self-driving technology as a core investment for its future.

The ride-hailing giant once believed it was crucial to develop autonomous driving technology in-house, and spent billions of dollars on the effort. Now it's letting another company lead the charge.

The group had been expected to delay production increases for several months, given the ongoing impact of the coronavirus pandemic. But after days of deliberations it agreed on a small increase.

Exxon, which usually avoids writing down assets, has announced its largest-ever impairment after canceling plans for natural gas projects in the Americas.

OPEC met via videoconference to discuss whether to start increasing oil production in January. But the economic slowdown caused by the pandemic continues, and oil production could make the price drop.

Most charging actually happens at home, but concerns about how to juice up are tripping up would-be buyers. A lot is on the line for automakers.

The soaring value of Tesla stock has sent Musk's net worth skyrocketing, according to the Bloomberg Billionaires Index. The automaker's CEO has added more than $100 billion to his net worth in 2020.

President-elect Joe Biden has pledged to tackle the climate crisis. Nonetheless, the oil and gas industry is reacting with a surprising amount of optimism.

Musk was using the less-accurate rapid antigen tests. He said something "bogus" was happening and is waiting results from a test that is considered more reliable but takes longer to process.

A long tradition of presidential pets will be revived in January. And a little history will be made, too: President-elect Joe Biden's younger dog will be the first rescue dog in the White House.

The president-elect called for cooperation among Americans of all stripes, saying, "Let this grim era of demonization in America begin to end here and now."

The announcement brought the president-elect's electoral vote total to 290.

The president was at his golf course in Virginia when a slew of networks announced Joe Biden had won the race for the presidency. Trump vowed he would go to court but presented no evidence of fraud.

The auto industry was devastated this spring by coronavirus shutdowns. But the recovery has been much faster and stronger than anyone anticipated as demand for new trucks and SUVs continues.

Earlier this year things were looking grim for the auto sector. Plants were shut down and experts predicted a big drop in demand. But now automakers are making a lot of money.

With no early, blowout victory, the presidential election could come down to votes that may not be counted until well into Wednesday, if not later in the week.

The supply of used cars is tight, while demand is high. That can provide a big boost to car owners thinking of selling, but it can make affordable vehicles hard to find.

Workers in the energy sector face two paths: The oil industry offers big salaries but more volatility, while clean energy pays less but provides more stability and a sense of mission.

The pandemic is adding renewed urgency to a critical debate: Just how quickly can the planet reduce its dependence on oil?

It's a pivotal moment for the oil industry. With a pandemic-induced demand crash, the uncertainty about the long-term prospects for gas is growing. Forecasts chart divergent paths for the future.