Tesla Unveils New Model 3 in China With Longer Range---and a Steeper Price Tag
The sleeker new version has a rear passenger screen and a refreshed range, but isn’t the cheaper offering that some company watchers had expected. #press
Tesla Cuts Prices Again in China as Competition Heats Up
Tesla announced price cuts for its Model S and Model X cars in China, two weeks after having lowered the premium vehicles’ price tags to boost sales in the world’s biggest electric-vehicle market. #press
Harvard Business Professor Analyzes TV and Movie Negotiation Scenes
How well do characters in film and TV reflect successful negotiating strategies? Guhan Subramanian, head of Harvard Law School’s Program on Negotiation, analyzes the tactics displayed in “Friends,” “The Office,” “Entourage,” “Mad Men” and other shows. #press
Consumers boosted their spending rapidly in July and price pressures remained modest, signs of continued U.S. economic strength amid rising interest rates.
Consumers boosted their spending rapidly in July and price pressures remained modest, signs of continued U.S. economic strength amid rising interest rates. #press
The number of temp workers in the U.S. has been trending lower since it hit a peak in March 2022, and it has fallen every month since January.
The number of temp workers in the U.S. has been trending lower since it hit a peak in March 2022, and it has fallen every month since January. #press
Oil Rises Amid Expectations of More OPEC+ Cuts
Oil rose in early Asian trade after settling higher overnight following news reports that Russia has agreed to further output cuts with OPEC+. #press
UBS booked a record $29 billion net profit last quarter after it integrated Credit Suisse into its books and on Thursday provided a clearer picture of its future form.
UBS booked a record $29 billion net profit last quarter after it integrated Credit Suisse into its books and on Thursday provided a clearer picture of its future form. #press
Dollar General shares fell to their lowest levels in years after the discount retailer cut its outlook for 2023.
Dollar General shares fell to their lowest levels in years after the discount retailer cut its outlook for 2023. #press
U.S. stocks ended mixed in the last session in August, with the S&P 500 and Dow industrials falling 0.2% and 0.5%, respectively, while the Nasdaq rose 0.1%.
U.S. stocks ended mixed in the last session in August, with the S&P 500 and Dow industrials falling 0.2% and 0.5%, respectively, while the Nasdaq rose 0.1%. #press
Eurozone inflation remains stubbornly high even as other signs point to a slowing economy.
Eurozone inflation remains stubbornly high even as other signs point to a slowing economy. #press
Chinese Property Stocks Gain on Stimulus Measures
Property stocks in mainland China gained after Beijing said it would lower minimum down-payment requirements for first- and second-time home buyers and cut rates on existing mortgages to boost its economy and revive its ailing real-estate sector. #press
Two leaders of the Proud Boys far-right group were sentenced to hefty prison sentences after being found guilty earlier this year of playing a principal role in the Jan. 6, 2021, assault on the Capitol.
Two leaders of the Proud Boys far-right group were sentenced to hefty prison sentences after being found guilty earlier this year of playing a principal role... #press
Ukrainian forces penetrated the main Russian defensive line in their country's southeast, raising hopes of a breakthrough that would reinvigorate the slow-moving counteroffensive.
Ukrainian forces penetrated the main Russian defensive line in their country’s southeast, raising hopes of a breakthrough that would reinvigorate the slow-moving... #press
Large commercial banks in China are planning to lower some deposit rates starting Friday, softening a blow from mortgage-rate cuts.
Large commercial banks in China are planning to lower some deposit rates starting Friday, softening a blow from mortgage-rate cuts. #press
Trump pleaded not guilty to the charges against him in the Georgia racketeering case and filed a motion to sever his case from that of two other defendants who are set to go on trial in October.
Trump pleaded not guilty to the charges against him in the Georgia racketeering case and filed a motion to sever his case from that of two other defendants who are set to go on... #press
Disney-owned networks including ESPN and ABC-TV local stations went dark for Charter Communications customers amid a dispute between the companies over channel packages.
Disney-owned networks including ESPN and ABC-TV local stations went dark for Charter Communications customers amid a dispute between the companies over channel packages. #press
Justice Clarence Thomas, under scrutiny for accepting free trips and other financial dealings with conservative billionaires, vigorously defended his failure to disclose those matters in past years.
Justice Clarence Thomas, under scrutiny for accepting free trips and other financial dealings with conservative billionaires, vigorously defended his failure to... #press
McConnell's second public health scare in as many months has fueled speculation about who might succeed him as Senate minority leader.
McConnell’s second public health scare in as many months has fueled speculation about who might succeed him as Senate minority leader. #press
The Biden administration proposed a rule that would subject more firearms purchasers to background checks without involving Congress.
The Biden administration proposed a rule that would subject more firearms purchasers to background checks without involving Congress. #press
What's News: Business & Finance
What’s News: Business & Finance #press
https://www.wsj.com/articles/whats-news-business-finance-b9f6e12b?utm_source=press.coop