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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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'The City Needs to Live.' Inside Ukraine's Second City as Russia Closes In.
With Russian troops 20 miles away and advancing, defiant Ukrainian residents carry on as normally as they can.The Wall Street Journal - World - Ukraine -
She Devoted Herself to Teaching About the Tiananmen Massacre. Hong Kong Shunned Her.
The story of Rowena He, a scholar of China’s bloody 1989 crackdown, reflects the narrowing space for academic freedom.The Wall Street Journal - World - Hong Kong -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
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 -
A Deck Maker's $450 Million Bet on America's Renovation Boom
Trex is building a factory in Arkansas to boost its manufacturing capacity, and it is rolling out new lines of premium decking.The Wall Street Journal - World