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How China's BYD Became Tesla's Biggest Threat
Business

How China's BYD Became Tesla's Biggest Threat

Once a maker of cellphone batteries, the company is in the running to become the world’s No. 1 seller of electric vehicles. Source link

Estée Lauder's Big Bet on China Is Looking Not So Pretty
Business

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
Business

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev

The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link

CarMax Picks the Profit Lane
Finances

CarMax Picks the Profit Lane

The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Business

Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations

Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said

Japan Restricts Semiconductor-Equipment Exports as Ties With China Chill
Business

Japan Restricts Semiconductor-Equipment Exports as Ties With China Chill

World Asia Japan Move comes as Tokyo’s foreign minister plans to visit Beijing after detention of Japanese man Source link