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UBS Beats Forecasts as Integration-Related Costs Fall
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The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
CCTV appears to show Diddy beating girlfriend in hotel
The clip seems to show an attack described in Casandra Ventura's lawsuit against the rapper last year.BBC News - Top stories -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories -
Verstappen beats McLarens to take Imola pole
Red Bull’s Max Verstappen fends off McLaren rivals in a tight battle for pole position at the Emilia Romagna Grand Prix.BBC News - Top stories -
Usyk beats Fury to become undisputed champion
Oleksandr Usyk beats Tyson Fury on points in Saudi Arabia to become the undisputed heavyweight champion of the world.BBC News - Top stories -
FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.The New York Times - Business -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World
More from The Wall Street Journal
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Kate Middleton Favors This British Brand. Now It's Coming for Americans.
Smaller European companies are embracing the U.S. as online sales help pinpoint the most promising locations for stores.The Wall Street Journal - Business -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
The 84-Year-Old Man Who Saved Nvidia
It’s a $2 trillion company today. It wouldn’t exist without someone known as Irimajiri-san.The Wall Street Journal - Business -
The Executive Who Revived Barbie Has a New Long-Shot Mission: Save Gap
CEO Richard Dickson is trying to make the clothing company cool again—one hoodie at a time.The Wall Street Journal - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business