Ford Cuts Prices of EV Mustang Mach-E
Business Move comes after Tesla slashed prices on a number of its models in the U.S.
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U.S. Stocks Fall Ahead of Fed Meeting
Markets U.S. Markets Investors brace for big week for tech stocks, with earnings due from Alphabet, Apple and Amazon
The Books Briefing: Achut Deng, Andrew Solomon
Having a normal conversation with a kid can be challenging enough, but talking with them about sensitive topics can be even more complicated. Many immigrant parents, for example, find explaining the decision to leave one country for another painful, although necessary. The author Achut Deng recently told my colleague Caitlin Dickerson how hard it was … Read more
Ford in Talks to Sell German Plant to China’s BYD
WSJ News Exclusive Business A deal would mark a big step overseas for China’s electric-car industry
Carvana, Dealers Show Risks of Deflation. Ford, GM Investors Should Watch Out.
Text size A Carvana car-vending machine in Huntington Beach, Calif., in 2019. Mark Ralston/AFP/Getty Images Why buy now if prices are going to be lower tomorrow? That isn’t a question U.S. consumers have been asking themselves lately. Inflation has had the opposite effect in recent months. But car prices are coming down and that is … Read more
Subtropical Storm Nicole threatens Bahamas, Florida coast
FORT LAUDERDALE, Fla. — Subtropical Storm Nicole formed in the Atlantic Ocean on Monday, threatening to bring a prolonged period of hazardous weather to parts of the Bahamas and the southeastern United States, but it should still be too far off Florida’s coast on Tuesday to affect voting on Election Day. Nicole could be “potentially … Read more
The Books Briefing: George Orwell, Namwali Serpell
As a journalist contacting sources incarcerated in Pennsylvania state prisons, I must send letters to a warehouse hundreds of miles away in Florida, where they’re digitized and kept indefinitely by a company called Smart Communications—it’s never clear how many people read them. Smart Communications earns millions of dollars from prisons and jails across the country … Read more
TuSimple Fires CEO Xiaodi Hou Amid Federal Probes
TuSimple Holdings Inc., TSP -46.12% a self-driving trucking company, said Monday it had fired its chief executive and co-founder, Xiaodi Hou. The San Diego-based company said in a news release and securities filing that its board of directors on Sunday had ousted Mr. Hou, who was also the board chairman and chief technology officer. Mr. … Read more
Mobileye Shares Close Higher in Stock-Market Debut
Intel Corp.’s INTC -0.73% automated car-driving unit closed at $28.97, above its initial public offering price of $21 a share, giving Mobileye a valuation of roughly $23 billion. The stock opened on the Nasdaq Stock Market a little before midday Wednesday, trading under the symbol MBLY. The shares were sold late Tuesday at a price … Read more
The Books Briefing: Orhan Pamuk, John le Carré
Suggesting that literature has a singular higher purpose is ludicrous; it is and can do many things. But some of the bravest, most enduring pieces of writing are those that uncover, then challenge, a nation’s troubles. These works are, of course, most effective when the prose itself is great. In his essay on the Uyghur … Read more