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The ambitions of China’s BYD stretch well beyond electric vehicles
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?Financial Times - Business - China -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
BHP-Anglo American: a quick Q&A
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North YorkshireFinancial Times - Business -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - Business - United Kingdom -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - World - United Kingdom -
US investigating Tesla recall of 2M+ vehicles over Autopilot safeguards
The Department of Transportation is investigating last year’s Tesla recall involving more than 2 million vehicles to determine whether updates to their Autopilot driving systems did enough to keep drivers focused on the road. The National ...The Hill - Politics - Tesla -
Tesla’s December recall of 2 million vehicles over Autopilot now subject of regulatory probe
The U.S. National Highway Traffic Safety Administration said Friday it has launched an investigation of Tesla Inc.’s December recall of 2 million vehicles that were equipped with its Autopilot system.MarketWatch - Business -
Study finds electric vehicles lose value more quickly than gasoline-powered cars
In what could be a troubling sign for the electric vehicle market, a recent study found that prices of used EVs dropped far more than comparably aged gas-powered vehicles. NBC News' Christine Romans reports.NBC News - Top stories -
Tesla founder Elon Musk visits China as competitors show off new electric vehicles
Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto showABC News - Top stories -
Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto showABC News - World - China -
Federal auto-safety regulators are examining the adequacy of Tesla's recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.
Federal auto-safety regulators are examining the adequacy of Tesla’s recall of two million vehicles with Autopilot software, tying the technology to at least 14 fatalities and hundreds of crashes.The Wall Street Journal - World -
China continues to encourage unprofitable carmakers to oversupply the market, aiming to boost economic growth, preserve jobs and expand Beijing's role in the electric-vehicle business.
China continues to encourage unprofitable carmakers to oversupply the market, aiming to boost economic growth, preserve jobs and expand Beijing’s role in the electric-vehicle business.The Wall Street Journal - World - China -
‘We Are So Back’ Is So Back
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
‘We Are So Back’ Is So Back
The phrase has become ubiquitous online as a way to celebrate life’s small pleasures — at least until “it’s so over.”The New York Times - Lifestyle -
Elon Musk met senior Chinese officials in Beijing as he pushes for approval to introduce Tesla's advanced driver-assistance technology to its biggest overseas market, where it has been losing ground to homegrown electric-vehicle makers.
Elon Musk met senior Chinese officials in Beijing as he pushes for approval to introduce Tesla’s advanced driver-assistance technology to its biggest overseas market, where it has been losing ground to homegrown electric-vehicle makers.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
Rock Crystal Is Back in (Watch) Style
While quartz has long been used in timepieces, new models by Chanel and Van Cleef & Arpels show it having a moment.The New York Times - Lifestyle -
Hipgnosis Backs Improved Blackstone Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.6 billion takeover by Blackstone, trumping a rival bid from Apollo-backed music company Concord Chorus.The Wall Street Journal - World -
Tesla steers back towards cheaper cars
Elon Musk seeks to appease the market after 40% stock slideFinancial Times - Business - Tesla -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - World -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World -
Unilever Backs Guidance as Sales Beat Forecasts
Unilever said it continued to expect sales to grow 3% to 5% this year, with a modest improvement in operating margin, as volumes and price dynamics normalize.The Wall Street Journal - Business -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - Business -
Iran sentences dissident rapper to death for backing protests
Rapper Toomaj Salehi has been jailed for more than a year and a half for his support of protests after Mahsa Amini's death.CBS News - World - Iran -
MLB bringing back Players Weekend in August
For the first time since 2019, MLB will dedicate three days in August to players, focusing on showcasing them beyond their stats and on-field performances, according to a release distributed Thursday.ESPN - Sports - MLB -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Safran Backs Outlook as Revenue Beats Forecasts
Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued.The Wall Street Journal - World -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Safran Backs Outlook as Revenue Beats Forecasts
Safran confirmed its full-year guidance after it posted first-quarter revenue above expectations, as the postpandemic recovery in air traffic continued.The Wall Street Journal - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
How Pulisic, McKennie are bringing the spotlight back to Serie A
Americans like Pulisic and McKennie, who could face each other Saturday, are helping boost the league's profile.ESPN - Sports -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - Business