Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Category: Prices (Fares, Fees and Rates)
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Tesla Earnings Report Could Add to Concerns About Its Strategy
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
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A Bill to Limit Canada’s Trade Negotiators on Farm Goods Edges Nearer to Law
The measure from a member of the Bloc Québécois would ban changes to the supply management system for dairy, poultry and eggs.
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Americans’ New TV Habit: Subscribe. Watch. Cancel. Repeat.
Many more people are jumping from one streaming subscription to another, a behavior that could have big implications for the entertainment industry.
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Inside Novo Nordisk, the Company Behind Ozempic and Wegovy
Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions.
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How France Is Fighting ‘Shrinkflation’
Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.
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Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom
The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.
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Chinese Export Surge Clouds U.S. Hopes of a Domestic Solar Boom
The decision by a Massachusetts solar company to abandon plans to build a $1.4 billion U.S. factory highlights the risks amid a flood of Chinese clean energy exports.
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Tesla Seeks to Revive Musk’s $47 Billion Pay Deal After Judge Says No
The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.
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Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.
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China’s First Quarter Results Show Growth Propelled by Its Factories
China’s big bet on exports has helped to counteract its housing slowdown, but other countries are worried about a flood of Chinese goods.