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Stellantis, BMW in Talks With Panasonic Over New EV Battery Plants
The cylindrical batteries used by Tesla get a closer look from other car makers. Source link
Arizona Fight Over Half-Cent Sales Tax Threatens Semiconductor Expansion
A plan to renew a four-decade-old levy that has funded the highway system widens the GOP’s fissure with businesses. Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Markets Finance The company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source link
Lithium Prices Are Down, Cheaper Batteries and EVs Could Follow
Markets Commodities Key ingredient in batteries has fallen more than 30% after big rally Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
Markets Finance The company says it is working toward finding a buyer Source link
Klaviyo Hires Bankers, Plans for Late 2023 IPO
WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link
Micron Gets Caught in U.S.-China Crossfire
Markets Heard on the Street Beijing has long hesitated to strike back at U.S. chip companies—but Micron is a soft target Source link
The Fatal Flaw in Credit Suisse’s Last-Ditch Attempt to Save Itself
Credit Suisse Group AG’s new-look investment bank, CS First Boston, was supposed to help salvage the lender. Instead, it may have hastened its fall. The
China Opens Cybersecurity Probe of Micron Amid Competition With U.S. Over Technology
Tech Probe of U.S. chip maker follows rising tension between Beijing and Washington Source link
Green Energy Is Stuck at a Financial Red Light
After years of uncertainty, last year’s Inflation Reduction Act finally gave America’s renewable-energy industry a long, green signal. Now the economy is blocking the road.