China is so dominant in the market for the batteries powering electric vehicles that it would take a technological upheaval to change that. One might be coming.
The plane maker’s purchase of Spirit AeroSystem, a supplier it spun off in 2005, exemplifies a realization dawning on corporate America: Outsourcing isn’t all it was once cracked up to be.
“Roaring Kitty” Keith Gill disclosed a 6.6% stake in online pet-products retailer Chewy, days after an ambiguous social-media post sparked speculation about his next move.
Stocks advanced as second-half trading began on U.S. exchanges, lifting the S&P 500 and Dow by 0.3% and 0.1%, respectively, while the Nasdaq rose 0.8% to a record.
French stock markets, government bonds and the euro rallied on expectations of a French cross-party alliance to deny the far-right an overall majority in the second round of the election.
Lumber prices have fallen during the current building season, a sign that residential construction and home-improvement markets are buckling under high borrowing costs.
In a long-awaited step against tax evasion in cryptocurrency markets, the Treasury Department adopted a final rule requiring many crypto platforms to begin reporting users’ transactions to the Internal Revenue Service.