Shell CEO Expects More Taxes on Oil Industry 

Ben van Beurden said he expects to see the additional taxes on the oil-and-gas industry as a way of helping to protect consumers from high energy prices.

U.S. Electric-Vehicle Tax Rules Rile Asian, European Allies 

The EU, Japan and South Korea say provisions in the U.S. legislation to promote clean energy discriminate against their auto makers and might violate World Trade Organization rules.

Apple Suppliers Add Manufacturing Sites in U.S. 

Partners of the iPhone maker seek to stay nearby as the pandemic has made travel to China difficult.

Long-Duration Battery Startup Form Energy Raises $450 Million 

Form Energy is accelerating development of iron-air batteries that could store clean power for several days following the Inflation Reduction Act.

Bayer Hits Roundup Lawsuit Winning Streak 

Bayer recently won five consecutive cases over its Roundup weedkiller, a change after several juries had held it responsible for causing cancer and the company set aside about $16 billion for settlements.

H&M, Zara's Owner Stick With 'Made In Myanmar' After Coup, but Some Brands Exit 

Western retailers are increasingly divided over whether to buy clothes made in Myanmar, where some say labor abuses have worsened under military rule.

Who's Operating Your Flight? Air Travel Is Getting More Complicated 

Travelers should know the pitfalls of flight partnerships as they become more common-especially when there is a delay or cancellation.

Samsung Kicks Advanced Chip-Making Race Into High Gear 

The South Korean company's production targets for 2-nanometer processes and below are similar to those of dominant rival TSMC.

Cathie Wood's ARK Snaps Up Tesla After Deliveries Miss 

ARK Innovation purchased 108,380 Tesla shares, while the ARK Next Generation Internet ETF bought 23,833 shares, according to a trade notification.

Poshmark to Sell Itself for Less Than Half Its IPO Price to Korea's Naver 

The social shopping marketplace, which went public at $42, will be taken over for $17.90 a share. The transaction values Poshmark at about $1.6 billion.


(END) Dow Jones Newswires

October 04, 2022 09:00 ET (13:00 GMT)

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