Government, Business

US Won’t Cut More China Tariffs Until After November Vote

Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the presidential election Nov. 3, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said.

January 14, 2020
Government, Business

Japan Officials Silent Over Ghosn Escape

Since news emerged on New Year’s Eve that fallen auto titan Carlos Ghosn skipped bail and fled the country, Japanese Prime Minister Shinzo Abe has been camped out in a luxury Tokyo hotel, sharing meals with family, hitting the gym and even playing golf.

January 2, 2020
Business, Technology

Tesla Just Delivered Its First China-Built Cars in Shanghai

Tesla Inc. delivered its first China-built cars, a milestone for Elon Musk’s company as it accelerates a push in the world’s largest electric-vehicle market.

December 30, 2019
Business, Technology

Tesla Set to Deliver First China-Built Car in Milestone for Musk

Tesla Inc. will start delivering China-built cars Dec. 30, a major milestone for Elon Musk’s company as it expands in the world’s largest electric-vehicle market.

December 27, 2019
Business

Truck Makers, Suppliers Slash Jobs by the Thousands as Orders Dry Up

North America’s biggest truck makers and their suppliers are firing thousands of workers as orders dry up amid a glut of big rigs.

December 18, 2019
Government, Business, Technology

PSA’s Board Approves Merger With Fiat Chrysler

The board of Italian-American automaker Fiat Chrysler Automobiles NV approved a merger with PSA Group of France to create the world’s fourth-biggest auto manufacturer, people familiar with the situation said.

December 17, 2019
Government, Business, Fuel

Deal on Biodiesel, Railroads Credits Hinges on Broader Tax Package

Congressional leaders are close to a deal that would extend a slew of expired incentives for biodiesel, alcoholic beverages and short-line railroads, though it could depend on completing a broader tax compromise in time to add the provisions to a must-pass spending bill.

December 16, 2019
Government, Business

Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs

President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.

December 12, 2019