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BMW Plans $2.8 Billion China Factory Update to Boost EV Production
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Inside China's EV Takeover
Chinese carmakers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boomThe Wall Street Journal - World - China -
China property shares jump on report of government plans to buy unsold homes
Yahoo News - World - China -
A China-U.S. EV Trade War Could Put Brakes on Biden's Clean-Car Agenda
The cost of batteries will rise as the administration tries to keep finished, heavily subsidized Chinese vehicles out of the U.S., driving domestic EVs to unaffordable price points.Inc. - Business - Joe Biden -
Putin calls for big increase in armaments production
Yahoo News - World -
USD/SGD Falls, Dragged by Fed Rate-Cut Bets
USD/SGD fell during the Asian session, dragged by bets for Fed rate cuts.The Wall Street Journal - World - Federal Reserve
More from The Wall Street Journal
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With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.The Wall Street Journal - Business - China -
Walmart's Reign as America's Biggest Retailer Is Under Threat
With Amazon on its heels, the nation’s biggest company by revenue is hunting for ways to continue growing.The Wall Street Journal - Business -
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says
The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.The Wall Street Journal - Business -
Red Lobster Preparing to File for Bankruptcy Protection This Month
The casual-dining chain is aiming to restructure agreements with landlords and creditors to reduce its debt.The Wall Street Journal - Business -
Nvidia's Jensen Huang Gets 60% Pay Bump
Huang’s stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus.The Wall Street Journal - Business