Tesla Turns to China With U.S. Tax Credit Ending
Starting this week, Tesla loses a U.S. tax credit that effectively lowered the price of its vehicles and helped build interest in fledgling electric cars. Growth for the Silicon Valley auto maker incr
https://t.co/RhzFDq10cp
Juul Finds It Is Tough to Quit Vaping in the Office
Every new year brings a wave of smokers pledging to quit. Many people who work at Juul Labs have already ditched cigarettes. Trouble is, they won’t stop vaping in the office.
https://t.co/46wBhjFx65
Newsletter: Is the Worst Over for Manufacturers?
This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here.
Good morning. Jeff Sparshott here to take you through key developments in the global economy.
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PG&E: Wired to Fail
The utility has sparked deadly fires and pipeline explosions, left millions of Californians in the dark and gone bankrupt twice in less than 15 years. Here’s what went wrong.
https://t.co/7sjVywqY9V
A New Year's Resolution for Corporations: Address the Trust Crisis
Companies have plans for our digital lives over the next decade, but they don’t have our confidence.
https://t.co/wwDzhGpHdN
SEC Investigating BMW Over Sales Practices
The Securities and Exchange Commission has opened an investigation into whether German luxury car maker BMW manipulated sales figures, according to people familiar with the matter.
https://t.co/BW9UF9hD8i
U.S. Durable Goods Orders Fell in November
Demand for long-lasting factory goods made in the U.S. fell in November, suggesting the manufacturing sector remained uneven last month.
https://t.co/SUe0F2htIh
Travis Kalanick Cuts Uber Stake by More Than 90%
Travis Kalanick, Uber’s former chief executive and co-founder, has sold more than $2.5 billion of stock recently, more than 90% of his stake—a pace that if continued could see him sold out entirel
https://t.co/m8M3rX5zED
Walmart's Secret Weapon to Fight Off Amazon: The Supercenter
Walmart is betting on a future where its giant stores will quickly get groceries to your door, replace the doctor’s office and rent out computing power to passing drones and autonomous cars.
https://t.co/ZvD4xxvmKP
The 18 Most-Followed TikTok Brands and Influencers
After reaching roughly 800 million active users within a year and a half of its 2018 launch, TikTok has become one of the fastest-growing social media apps of the last decade Like any trendy social pl
https://t.co/Jbs5qKsTgG
When Congress Buys Time to Finish a Budget, the Price Is Uncertainty
This week’s spending deal comes after temporary measures extended last year’s funding for months—an increasingly common tactic that can leave federally funded agencies and programs i
https://t.co/3dYpqrtjjy
House Approves Spending Bills, in Effort to Avoid Shutdown
The House passed two bundles of spending legislation as Congress and the White House rush to approve new government funding before it runs out after Friday.
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The Advice That Helped Okta's CEO Build a $14 Billion Company
Todd McKinnon’s mentors have encouraged him to focus on the small details of company culture, stay close to his engineering roots and, in some cases, put his ambition on hold.
https://t.co/PZVOxwkBvE
Costco Sales Continue to Rise
The warehouse retailer’s comparable sales increased 5% in the latest quarter but e-commerce growth slowed.
https://t.co/FSs6JzB83w
E.Coli Outbreaks in Lettuce Point to Gaps in Food Safety
E.coli outbreaks linked to romaine lettuce show how U.S. regulators continue to struggle with identifying which farms spark an outbreak and stopping it from spreading.
https://t.co/dx8XuL5Zoz
Chevron, Facing Fossil Fuels Glut, Takes $10 Billion Charge
The move is a concession that in an age of oil and gas overabundance, some energy assets will not be profitable anytime soon.
https://t.co/F2YDDw9GyB
PG&E Fire Victim Settlement Threatens Elliott Plan
PG&E Corp.’s settlement with victims of wildfires could force a group of bondholders who want to take over the company to re-evaluate their legal strategy, people familiar with the matter said.
https://t.co/8QpjqyY3lS
Kroger's Overhaul Crimps Profit Again
Kroger’s investments in store renovations and technology hurt profit again in its latest quarter, when the grocer tempered its overhaul plans to boost future sales.
https://t.co/s7Z28YWNUz