FINANCE

BlackRock declares ‘new regime’ in investing

[ad_1] BlackRock Inc., which capitalized on a decade-long boom in index investing, said investors should rely more heavily on actively managed strategies. Higher interest rates,

FINANCE

Spain prepares to ban short-haul flights when a train is available—it may hit private jets

[ad_1] Europe’s fight to curb CO2 emissions is increasingly being take to the continent’s skies. Now one of its biggest economies, Spain, is following France

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BYD says success comes from better management, not unfair subsidies

[ad_1] The European Commission suspects it knows how BYD, the Warren Buffett-backed EV giant that’s outselling Tesla, can sell its cars so cheaply: An unfair

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Li Auto is first major China EV startup to turn profit, shares up over 25%

[ad_1] The Chinese electric vehicle maker Li Auto now has what many of its peers in China are searching for: a profit. The Beijing-based company

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Ken Griffin, Koch brothers, GOP billionaire megadonors consider anyone but Trump

[ad_1] First Wall Street considered Ron DeSantis. Then it went for Nikki Haley. Now the Republican donor class is confronting a reality its wealthy members

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Obituary: Zong Qinghou, China’s richest man and self-made billionaire

[ad_1] Zong Qinghou, the self-made billionaire who became China’s richest man by wresting control of the country’s top beverage brand from Danone, has died. He

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Margin calls and leveraged executives: Former billionaires underwater when market changed

[ad_1] One CEO has been caught in the fallout from a souring leveraged buyout. Another is trying to make his business profitable after years of

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Utility will pay $80 million to resolve allegations that power lines ignited dry brush in California blaze that ravaged more than a thousand homes

[ad_1] Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed

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Italian government asks BYD to manufacture more EVs

[ad_1] BYD Co. has been contacted by the Italian government as part of the country’s efforts to attract a second car manufacturer beyond Fiat maker

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Tesla-beating BYD shows off luxury SUV that can float on water

[ad_1] BYD Co. is underscoring its European ambitions at the Geneva car show this week by showing off models including a 1,200-horsepower luxury sport utility