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Honda, Canada on Verge of Deal to Build EV-Assembly Plant in Ontario
Honda Motor is nearing a deal to assemble EVs and components in Canada, with the government agreeing to partly offset the Japanese auto maker’s capital costs through recently unveiled tax breaks.World -
UAW Loses Unionization Vote at Mercedes Plant in Alabama
Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, hurting the union’s push to organize at many foreign-owned factories in the South.World -
easyJet Finance Chief to Replace Departing CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year,World -
Basic Materials Roundup: Market Talk
The latest Market Talks covering Basic Materials.World -
Michael Cohen Testifies About Negotiating Payments and Bullying Reporters for Trump
The former president’s loyalist-turned-nemesis is critical to the prosecution’s case in the hush-money trial.World - Donald Trump -
Where Is the AI Boom Taking Us? Business Leaders Disagree on Outlook
The technology’s promises and perils were a central focus of The Wall Street Journal’s CEO Council Summit.World -
Australian Government Walks Fine Budget Line With RBA Primed to Hike
Australian Treasurer Jim Chalmers will deliver the government’s 2024-2025 federal budget next Tuesday amid concerns that strong revenue growth will tempt him toward a jump in spending, stoking the case for higher interest rates.World -
Lyft Stock Rallies After Company Trims Loss
The ride-hailing company projected continued growth for the rest of the year. Its outlook for the current quarter for gross bookings and adjusted earnings also topped forecasts. The stock was up more than 5% premarket.World -
Munich Re Says Full-Year Profit Could Top €5 Billion
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was “more likely” it would surpass its full-year profit target.World -
They Started Hand-Sanitizer Businesses During Covid. How Are They Doing Now?
Consumers couldn’t get enough of the product during the pandemic. But as demand cooled, some startups found they had to pivot.World -
Australia Shares Set to Build on Week-Opening Gains
Australia’s S&P/ASX 200 looks set to edge higher at the open, building on its week-opening gains following a positive lead by U.S. equities.World - Australia -
Hertz's Soured EV Bet Drags Down Post-Bankruptcy Stock
The rental-car company maintained equity value throughout bankruptcy, but the painful reversal of its electric-vehicle strategy has since weighed on the stock.World -
Tesla Boosts S&P 500, Nasdaq Futures
U.S. stock futures were up along with markets from Shanghai to London.World - Tesla -
California Fast-Food Chains Are Now Serving Sticker Shock
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.World - California -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.World -
Sanofi Sales, Profit Beat Forecasts
Sanofi backed its full-year earnings guidance after it reported first-quarter profit ahead of consensus, with sales growth driven by continued strength in anti-inflammatory drug Dupixent and its new drug launches.World -
Senate Passes Ukraine, Israel Aid Package After Monthslong Fight
The measure sends much-needed ammunition and military equipment to Ukraine, fortifies Israel’s missile defense systems and forces the sale of TikTok in the U.S.World - Ukraine -
AI Developers Agree to New Safety Measures to Fight Child Exploitation
OpenAI, Meta, Google and others say they will work to throttle the creation of sexualized images of children.World -
Renault's Group Revenue Beats Expectations
Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.World -
Biden Asserts Executive Privilege Over Recordings of Special Counsel Interview
The Justice Department has released transcripts but not the audio of the president’s interview last fall with special counsel Robert Hur.World - Joe Biden -
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Forget 9 to 5. These go-getters are working 5 to 9.World -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest about $64.56 billion on its electric-vehicle strategy over the 10-year period through 2030.World -
Financial Services Roundup: Market Talk
Virgin Money, Hannover Re and more on the latest Market Talks covering Financial Services.World -
China's Central Bank Holds Key Policy Rates Steady
The People’s Bank of China held key policy rates steady, a move that could preface a hold on benchmark lending rates later this month.World - China -
Meta to Shut Workplace Tool; Zoom Video's Workvivo Named Preferred Migration Partner
Meta said the company was discontinuing the Workplace product in order to focus on building AI and metaverse technology.World -
Fighting Flares Across Gaza Amid Push to Revive Israel-Hamas Talks
Israeli troops are clashing with Hamas not only in Rafah, the militant group’s last stronghold, but also in the north of Gaza.World - Israel -
German Companies Bet on AI But Payoff Could Be Years Away
German businesses are increasingly experimenting with artificial intelligence to become more productive, but some caution the gains the technology promises could be years away.World - Germany -
The All-Staff Goodbye Email
Why do departing staffers forward their farewells to coworkers they don’t even know? A Wall Street Journal comic about the modern workplace.World -
She Watched Her Son in a Hamas Hostage Video. 'My Heart Broke.'
Rachel Goldberg-Polin was home alone when she learned that Hamas planned to release a video of her son within the hour.World -
France Gives Torch an Olympian Welcome
Fireworks welcome the 19th-century ship carrying the Olympic torch from Athens as it arrives Wednesday on the French mainland at the port of Marseille. The torch was handed off to begin the 68-day relay to Paris for the Games’ July start. Photo: ...World -
Continental Keeps Guidance Despite Weak First-Quarter
The German car-parts company confirmed both its preliminary figures for the quarter ended March and also backed its full-year outlook, despite posting a net loss of $57 million.World -
Disney Pares Streaming Losses, Takes Hit From India Deal
The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture.World - India -
Heidelberg Materials Maintains Outlook on Earnings Beat
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.World -
Biden's Fraught Candidacy Faces Twin Threats at Home and Abroad
Chaotic college protests and stalled effort to bring about Gaza cease-fire leave president with few good options and plenty of risks.World - Joe Biden -
Tesla Surge Helps Stock Market Extend Gains
Major U.S. indexes edged higher at the start of a busy week for corporate earnings and economic data. Tesla shares rose 15%.World - Tesla -
Apple Might Be Able to Phone It In Now
A slumping stock price has tempered Apple’s valuation, making another weak iPhone report less risky.World - Apple -
'Mother Play' Review: Jessica Lange's Tortured Vision of Parenthood
The actress stars as a miserable mother to two children, portrayed by Jim Parsons and Celia Keenan-Bolger, in this fragmentary drama by Paula Vogel.World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.World -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.World -
Tianqi Lithium Shares Dive After Warning of Wider Losses
The Chinese lithium producer warned of widening losses caused by weak product prices and a tax dispute in Chile.World