Beijing Bans Micron as Supplier to Big Chinese Firms
Cyberspace office says the chip maker’s products pose a major national-security risk.
Exxon Joins Hunt for Lithium in Bet on EV Boom
The oil giant quietly laid plans earlier this year for potentially producing the mineral in Arkansas.
Largest U.S. Pension Sells Apple, Intel, NIO, and Li Auto Stock
The California Public Employees’ Retirement System, known as Calpers, cut positions in Apple and Intel stock, and sold shares of Chinese electric-vehicle makers NIO and Li Auto.
Gorman’s Tenure at Morgan Stanley a Tough Act to Follow
Morgan Stanley has outperformed under James Gorman, and its shares are now priced at a premium.
America’s Biggest Bank Is Everywhere-and It Isn’t Done Growing
The deposit crisis that toppled First Republic and two other banks has only made JPMorgan stronger.
Newcrest Gold Mine Faces New Environmental Probe Over Dust Pollution
An Australian gold mine run by Newcrest Mining, a company that U.S. gold giant Newmont plans to acquire, is being probed on concerns over dust pollution.
Australia to Crack Down on Buy Now, Pay Later Providers
Buy now, pay later providers in Australia will face new regulations, including needing to hold a credit license, as part of the government’s moves to clamp down on the sector.
How America’s Largest Restaurant Franchisee Decides When to Raise Prices
Flynn Restaurant Group harnesses internal and competitor data to take a surgical approach to selling fast food and sit-down meals.
Auto Dealers Finally Have Cars to Sell Again
Some brands are getting heavier on inventory than others as shoppers’ concerns about rising interest rates put a dent in demand.
Judge Rejects Partnership Between American Airlines and JetBlue
A federal judge ruled in favor of the Justice Department’s effort to unwind a partnership between American Airlines and JetBlue, finding that their arrangement suppressed competition in key Northeast markets.
Source: Dow Jones Newswires