Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

[ad_1] Updated Jan. 2, 2024 3:32 pm ET Chinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a…

Walmart Goes All In on Africa

[ad_1] Sept. 11, 2023 7:00 am ET JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a…

Western Anxiety About Chinese EVs Could Prove Self-Defeating

[ad_1] Dec. 31, 2023 11:01 pm ET China hawks have the upper hand in the political battle over electric vehicles. They should be wary of overplaying it. The rules for…

Tobacco Bonds Are on Fire, Defying the Odds

[ad_1] Anyone who has tried to quit smoking knows that cigarettes are tough to resist—almost as hard as it is for politicians to keep their hands off big piles of…

Apple Keeps Chasing the Ultimate Health-Tracking Watch—but It Could Take Years

[ad_1] Apple’s widening effort to turn its nine-year-old watch from a luxury timepiece into the ultimate all-in-one medical device is taking it into territory that is legally treacherous as well…

Apple Can Restart Watch Sales as U.S. Court Pauses Ban

[ad_1] Updated Dec. 27, 2023 5:50 pm ET Apple won approval Wednesday to restart most sales in its $18 billion smartwatch business after a U.S. appeals court paused a federal…

Shoppers Kept Spending This Holiday Season

[ad_1] Updated Dec. 26, 2023 9:14 am ET Shoppers opened their wallets this holiday season as they have for much of 2023, even crowding into shopping malls to scoop up…

We Own More Cars Than Ever. So Why Are We Driving Less?

[ad_1] The Covid-19 pandemic changed how Americans get around in ways that could be long-lasting. What it didn’t change was our appetite for cars and pickup trucks.  Before the pandemic,…

Thyssenkrupp Nucera Net Income Rose; Says Start-Up Costs Will Hit FY 2024 Earnings

[ad_1] Thyssenkrupp Nucera posted fourth-quarter rise in net income but warned start-up costs in fiscal 2024 would affect earnings. The German electrolyzer business reported 4.3 million euros ($4.7 million) in…

Americans Are Spending on the Holidays After All

[ad_1] Dec. 14, 2023 11:06 am ET It came with ribbons. It came with tags. It came with packages, boxes or bags. Somehow or other the holiday shopping season came…