Elon Musk Comes Out Against Federal Electric-Vehicle Spending 

Elon Musk took aim at a signature Biden administration legislative proposal and said China is adjusting to its growing position as a dominant world power in an interview with The Wall Street Journal.

Intel to List Shares in Mobileye Unit 

The listing could value the self-driving-car unit at more than $50 billion. It is the latest move by CEO Pat Gelsinger to revive the semiconductor giant's fortunes.

SEC Opens Probe Into Tesla Involving Solar-Cell Activity 

A former employee alleges that the company hid fire risks from public and shareholders.

Saudi Aramco Sells Stake in Natural-Gas Pipeline Business 

The move is the state-owned oil giant's latest effort to pull cash out of its vast energy infrastructure.

Trump, Lucid SPAC Deals Being Investigated by SEC 

The Securities and Exchange Commission is probing two of the most notable SPAC deals struck this year, including the former president's, a sign that regulators are ratcheting up scrutiny of such deals.

Budweiser Tries to Make Beer Stocks Fashionable Again 

At his first strategy day, Anheuser Busch InBev's new Chief Executive Michel Doukeris looked to lure shareholders back from the liquor aisle

VW CEO Likely to Survive Latest Clash With Labor 

Herbert Diess could be stripped of some duties as tensions mount over shift to electric vehicles.

MTIP, a Swiss Healthtech Investor, Raises $250 Million for Its Second Fund 

The firm's new fund is much larger than its debut vehicle, a $65 million "proof of concept" pool raised in 2016.

Toyota to Build Electric-Vehicle Battery Plant in North Carolina 

The auto maker is planning a $1.25 billion investment in rural Randolph County that would create 1,750 jobs.

NYSE President Stacey Cunningham to Step Down 

Lynn Martin, an executive at NYSE parent Intercontinental Exchange, has been appointed the next president of the exchange, succeeding Stacey Cunningham, who will step down at the end of the year.


(END) Dow Jones Newswires

December 06, 2021 23:15 ET (04:15 GMT)

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