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The Man Charged With Steering the Yuan Through China's Economic Turmoil
Pan Gongsheng has experience in high-stakes tasks, but China’s fragile economy raises new risks. Source link
Tesla Outlines Plan to Create Largest Auto Factory in Germany
Electric-vehicle maker aims to double capacity of Berlin-area plant to one million cars a year. Source link
FDA Approves First RSV Drug to Protect All Infants
While the virus often leads to mild, coldlike symptoms, it is the leading cause of hospitalization of infants in the U.S. Source link
Restricting Chip Sales to China Could Backfire on U.S., Industry Group Says
The potential limits threaten to undermine new government investments in chip-making in the U.S., the Semiconductor Industry Association warns. Source link
U.S. Companies Score Partial Reprieve From Global Tax Deal
Changes to the deal negotiated by officials including Treasury Secretary Janet Yellen will delay or reduce taxes set to be paid to foreign countries. Source
Ford Cuts Price of EV F-150 Lightning Truck by Up to 17%
The move came after Tesla reported a surge in second-quarter deliveries that was helped by sharp price cuts and discounts. Source link
For Clues About Carvana's Future, Look to Its Past
Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link
Efforts to Rein In AI Tap Lesson From Social Media: Don't Wait Until It's Too Late
Activists and officials race to shape rules and public understanding of new artificial intelligence tools. Source link
Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’
July 17, 2023 12:00 am ET Listen to article (2 minutes) Europeans are facing a new economic reality, one they haven’t experienced in decades. They
Russia Says It Is Pulling Out of Ukraine Grain Deal
The Kremlin said the deal had been “terminated” but that Russia would rejoin the agreement if its demands were met. Source link