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Stellantis to Take Charges of About €22 Billion on EV Reset - Bloomberg
Stellantis NV is taking more than €22 billion ($26 billion) in charges mainly linked to reversing course on its electric vehicle strategy, prompting a record plunge in the Jeep and Fiat owner’s shares.
Historic Kentucky distillery Four Roses sold for up to $775M. What we know - Lexington Herald Leader
Kirin will sell Four Roses to E&J Gallo for up to $775m, returning the Lawrenceburg, Kentucky distillery to U.S. ownership with no planned operational changes.
Can China’s No. 2 automaker make it in America? - theverge.com
Geely is the Chinese car company best positioned to enter the US market, thanks to its Volvo and Polestar brands. But it would still need to adhere to strict cybersecurity rules before it could launch.
US Treasury Yield Curve Heads for Steepest Level in Four Years - Bloomberg.com
A closely-watched metric in the Treasuries market is near its highest level in more than four years after a weak US jobs print collided with concern about the swollen budget deficit.
Big Tech sees over $1 trillion wiped from stocks as fears of AI bubble ignite sell-off - CNBC
Fears over AI spending have sparked a sell-off among tech stocks.
Wisconsin Burger King franchiser accused of over 1,600 child labor law violations - channel3000.com
MADISON, Wis. – A Wisconsin Burger King franchiser was accused Friday in what Gov. Tony Evers' office called the largest determination of child labor and wage payment violations in the