Facing Exclusion From U.S., Chinese EV Suppliers Map a Circuitous Route Back In
Battery makers’ path around legal barriers runs through South Korea and Morocco.
Hollywood Studios Suspend Talks With Actors
The breakdown of negotiations after less than two weeks dampens hopes that the industry could soon return to work.
UAW Strikes at Ford Pickup-Truck Plant in Kentucky
Union escalates its nearly four-week labor action by hitting the automaker’s largest factory.
Albemarle’s Liontown Deal the Latest Threatened by Assertive Shareholders
Albemarle’s proposed $4.24 billion takeover of Australian lithium miner Liontown Resources is the latest in a flurry of multibillion-dollar deals to hit a hurdle in the form of assertive shareholders.
Chinese Bank Stocks Gain After State Fund Raises Stakes
Chinese bank stocks rose after a state fund raised its stakes in the country’s four biggest banks, boosting hopes that Beijing will step up efforts to support the economy.
Publicis Upgrades Outlook as Sales Top Hopes
Publicis raised its guidance for the second time this year after third-quarter organic revenue growth beat expectations, saying market-share gains allowed it to offset a challenging economic backdrop.
Uniqlo Owner’s Profit Rises to Record High
Fast Retailing said fiscal-year net profit climbed to a record high thanks to stronger sales at its Uniqlo outlets globally.
Caroline Ellison Tells Jury She Dreaded Inevitable Collapse of FTX
Testifying in Sam Bankman-Fried’s fraud trial, his top deputy says she was terrified by the implosion of the crypto exchange after months of deception.
Microsoft Gets $28.9 Billion Tax-Payment Notice From IRS
Microsoft received a tax notice from the IRS requesting the added payment of $28.9 billion. The tech company said it “will vigorously contest the notices.”
U.S., in Chip War With China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult.
Source: Dow Jones Newswires