Chinese car makers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boom.

Switzerland agreed to buy F-35 jet fighters to park on a remote runway. Then the U.S. zeroed in on the Wangs, who owned the rustic hotel next door.

The Israeli prime minister says Hamas must be defeated on the battlefield before questions about governing the enclave after the war are answered.

Cosmos-2553 went into orbit in February 2022 just weeks before Russia invaded Ukraine.

The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.

Switzerland agreed to buy F-35 jet fighters to park on a remote runway. Then the U.S. zeroed in on the Wangs, who owned the rustic hotel next door.

The U.S. saw a slight decline in the number of overdose deaths last year, marking a rare improvement in a persistent fentanyl crisis, preliminary federal data show. 

Biden and Trump agreed to debates in June and September hosted by CNN and ABC News, respectively, scheduling the events earlier than in past general-election years.

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Billionaire Frank McCourt said he is organizing a bid to acquire TikTok in the U.S., weeks after the passage of a law that could force the platform’s Chinese owner to sell.

BYD launched its first pickup truck, unveiling a luxury plug-in hybrid in Mexico to compete with global rivals in China’s second-largest market for auto exports.

Sullivan & Cromwell tapped Silicon Valley dealmakers Mike Ringler and Peter Jones to join its mergers-and-acquisitions practice.

Japan’s economy contracted in the first quarter of 2024 as growing inflation, driven in part by a weak yen, made domestic consumers hesitant to spend.

Major U.S. stock indexes closed at records after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 1.2%%, 1.4% and 0.9%, respectively.

Aflac acquired a 40% stake in Tree Line, a private credit shop focused on lending to small and medium-size companies, according to people familiar with the matter.

Warren Buffett’s Berkshire Hathaway unveiled a big investment in Chubb, resolving a mystery that has intrigued followers of the Omaha, Neb., company.

Chinese automakers will focus on global markets outside the U.S. now that the Biden administration has declared America off-limits to made-in-China electric cars.

U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.