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Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source
Tesla Launches Cheaper, Lower-Range Model S and Model X
The electric-vehicle maker has cut prices for its U.S. vehicles multiple times this year in a bid to stoke demand in a cooling car market.
Nikola Recalls Most of Its Battery-Electric Trucks After Fire Probe
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Amazon Wants to Deliver Your Order Without a Box, But Neighbors May See Your Snore Strips
Listen to article (2 minutes) Millions of Amazon orders are arriving on doorsteps across the U.S. without any extra packaging. A new television may sit
Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
Drug Shortages Are a Boon to One Industry: Compounding Pharmacies
Hospitals increasingly rely on a sector that can start making drugs without FDA approval—and investment is pouring in. Source link
Pfizer’s Covid Boost Crashes to Earth
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Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link