Geely Automobile Net Profit Rises Sharply on Robust Sales
China’s second-largest electric-vehicle maker reported a rise in its net profit supported by strong sales with 76,100 vehicles sold in the third quarter, up 43% from the previous year.
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Tesla Wants Its American Cars to Be Built Without Any Chinese Parts
This year’s U.S. tariffs on Chinese imports pushed the EV maker to accelerate its strategy of cutting China-made components out of its U.S. production.
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Korean Conglomerates Pledge Billions in Domestic Investments
Samsung Electronics said it and its affiliates will invest more than $300 billion over the next five years.
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Layoff Tactics Keep Changing, and the Blunders Keep Coming
Amazon informed staffers via a text-email combo. Target asked them to stay home. Does any of it make job cuts less painful?
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Nvidia Helped Spark the AI Rally. Its Earnings Could Revive It.
The chip maker blew the AI trade wide open in the spring of 2023. It might need to do it again.
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Meta Opens Pop-Up Stores to Build Buzz for Its AI Glasses
The stores, in New York City, Los Angeles and Las Vegas, have coffee stations and full-length mirrors for customers to take selfies in their Ray-Bans.
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Disney and YouTube TV Reach Deal, Ending 15-Day Standoff
ESPN, ABC and other Disney networks return to roughly 10 million YouTube TV customers.
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AIG Hit by More Executive Churn as Incoming President Will No Longer Join
Former Lloyd’s executive John Neal was recently hired to fill in as AIG’s No. 2. He was slated to start in two weeks.
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Walmart Picks Insider to Take Over as Next CEO
Doug McMillon is handing the top job to John Furner, who spent six years running the U.S. business.
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China-U.S. Robotaxi Race Kicks off in U.K.
Waymo, Alphabet’s self-driving car company, has partnered Uber-backed ride-hailing company Moove to enter the U.K. market next year.
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JBS Boosts Ground Beef, Wagyu Steak Production to Stem Beef Losses
Meatpackers like JBS and Tyson Foods are being squeezed by the lowest U.S. cattle supply since the 1950s. It is driving their beef costs to record levels, and leading to hundreds of millions of dollars in losses as a result.
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Purdue Pharma Wins Court Approval for $7.4 Billion Opioid Settlement
The move clears a path for the OxyContin maker to exit its six-year bankruptcy and resolve mass lawsuits.
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Charlie Javice Billed Hotels and Cellulite Butter as Legal Fees, JPMorgan Says
JPMorgan is seeking to get out of paying her and a co-executive’s legal defense, which has cost more than $142 million.
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Enbridge $1.4 Billion Project Aims to Boost Canadian Oil Flow to U.S. Refineries
Pipeline operator Enbridge will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast.
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BHP Liable for Deadly Brazilian Dam Disaster, Court Rules
The ruling potentially exposes the mining company to billions of dollars in compensation claims.
(END) Dow Jones Newswires
November 17, 2025 01:15 ET (06:15 GMT)
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