Chinese EV Stocks Tumble on Worries About Weak Auto Demand
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CBS News - Top stories
Weight of EVs prompts safety concerns about impact of crashes
Guardrails and barriers, typically tested against vehicles weighing around 5,000 pounds, are now being challenged by electric vehicles that often weigh more.13 minutes ago -
Yahoo Sports - Sports
Fantasy Football Panic Meter: Is it time to worry about Sam LaPorta and Travis Kelce?
Fantasy football analyst Dalton Del Don busts out the panic meter to get a temperature check on the players who have disappointed the most through two weeks.34 minutes ago - Fantasy Football -
Financial Times - World
Italian PM Meloni condemns EU’s green rules for struggling auto industry
Prime minister calls ban on new fossil-fuel engines from 2035 ‘self-destructive’1 hour ago -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...1 hour ago - Joe Biden -
ABC News - World
Chinese aircraft carrier comes closer than ever to Japan
A Chinese aircraft carrier entered an area near Japan's shores for the first time on Wednesday, leading Tokyo to convey its “serious concerns” to Beijing over China’s increasingly assertive ...1 hour ago - Japan -
MarketWatch - Business
General Motors to sell adapters to use Tesla’s supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.1 hour ago -
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BBC News - Top stories
Party over for Tupperware as it files for bankruptcy
The US company says it will ask for court permission to start a sale process of the business.2 hours ago -
MarketWatch - Business
23andMe’s stock tumbles 7% after independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.3 hours ago -
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MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.5 hours ago -
Wired - Tech
Did a Chinese University Hacking Competition Target a Real Victim?
Participants in a hacking competition with ties to China’s military were, unusually, required to keep their activities secret, but security researchers say the mystery only gets stranger from there.6 hours ago -
Financial Times - World
Chinese solar panel boom threatens Pakistan’s debt-ridden grid
Industry rushes to switch to clean energy as cost of state power network becomes crippling10 hours ago - China -
The New York Times - Top stories
Trump Makes Big Promises, With Little Detail, for Michigan’s Auto Industry
At his first campaign event since the apparent assassination attempt on Sunday, Donald J. Trump used dire language to insist that if he loses in November it would crush auto jobs.12 hours ago - Donald Trump -
NBC News - Top stories
Chinese American family meets descendants of the Black couple who rented to them when no one would
The Dong family is selling the historic home and donating $5 million to Black college students — but they wanted the Thompson family to tour the storied home first.15 hours ago -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...18 hours ago -
MarketWatch - Business
401(k) auto-enrollment and auto-escalation were supposed to help people save for retirement. Here’s what happened instead.
Behavioral finance ‘nudges’ and other helpful features ran into a surprising obstacle19 hours ago -
ABC News - Tech
Google says it will rethink its plans for a big data center in Chile over water worries
Google says it will halt plans to develop a major $200 million data center in Chile to address environmental concerns19 hours ago - Google -
ABC News - World
Bangladesh opposition party rallies to demand a new election
Thousands of activists and opposition leaders from the Bangladesh Nationalist Party have rallied in the capital, Dhaka20 hours ago -
The Guardian - World
Berlin’s Watergate nightclub will close with New Year’s Eve last dance
Upmarket Kreuzberg club blames economic pressures, a pandemic hangover and Berlin’s dated image as factors leading to end of 22-year party. Berlin’s Watergate nightclub, one of the institutions of ...21 hours ago -
MarketWatch - Business
Deckers stock split takes hold and shares slip
Shares of Ugg and Hoka parent Deckers Outdoor Corp. are down Tuesday after the shoe company’s six-for-one stock split took hold.22 hours ago -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...23 hours ago - Germany -
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MarketWatch - Business
Industrial production gets short-lived boost from cars, but U.S. manufacturers still depressed
Industrial production rose a stronger-than-expected 0.8% in August, but most of the increase was tied to autos and there was little sign of a rebound in a depressing manufacturing sector.Yesterday -
MarketWatch - Business
Polestar’s stock rises as it maintains Nasdaq listing requirements
Polestar Automotive Holding’s stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.Yesterday -
The Guardian - World
Lucy Letby: mother of murdered baby demands apology over hospital ‘failings’
Mother of Child D describes feeling she was ‘losing mind’ as she pushed for investigations. The mother of a baby girl murdered by Lucy Letby has demanded an apology from the hospital for “dozens” ...Yesterday -
The Hill - Politics
83 percent of young adults are worried about state of US democracy
The vast majority of young adults say they are worried about the state of U.S. democracy, according to a poll published Tuesday by the Sine Institute for Policy and Politics at American University. ...Yesterday -
The Wall Street Journal - Business
Cigna Demands FTC Retraction in Escalating Drug-Price Fight
The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more expensive medicines.Yesterday -
Financial Times - Business
After oil’s tumble, where will prices settle?
Last week’s wipeout in prices prompted a flurry of forecast changes from analystsYesterday -
ABC News - Tech
Elon Musk has often inflamed politically tense moments, raising worries for the US election
As Election Day draws nearer, social media posts by X owner Elon Musk are raising concerns that he will use his immense platform to question the legitimacy of the vote in the U.S. presidential ...Yesterday - Elon Musk -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.Yesterday -
BBC News - Top stories
Indian state accepts key demands of protesting doctors in rape case
The West Bengal government has agreed to remove a top police officer and two senior health officials.Yesterday -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.Yesterday - China -
The Wall Street Journal - World
U.S. Officials Jet to Beijing Amid Flood of Cheap Chinese Exports
In the talks, Washington intends to highlight concerns over China’s manufacturing overcapacity.Yesterday - China -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.Yesterday -
Financial Times - World
From steel to kimchi, South Korean exporters face flood of Chinese rivals
Overproduction, tariffs and weak demand increase competition with a glut of low-cost goodsYesterday - China -
NBC News - Top stories
Meet Douyin, the Chinese version of TikTok adding to ByteDance's big business
Douyin, the Chinese version of TikTok, spurred a creator economy with more than 700 million active users. The social media video app, owned by ByteDance has parental controls and even time limits. ...Yesterday - Tiktok -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in AsiaYesterday