Ford Cuts Prices of EV Mustang Mach-E 

The move comes weeks after Tesla reduced prices on a number of its models.

Philips to Cut a Further 6,000 Jobs 

The job cuts are part of a reorganization aimed at improving Philips's performance and add to a wave of corporate layoffs in recent weeks.

GE HealthCare's First Solo Earnings Are Strong. It's Bullish on the Future. 

The company was spun out of General Electric on Jan 3. It posted fourth-quarter earnings per share of $1.31 and operating income of $844 million from sales of just more than $4.9 billion.

Nissan and Renault Fix One Problem, Leave Others 

A new era for the unhappy marriage between the two auto makers brings hope but also complications.

Unilever Taps Dairy Boss as New CEO 

Hein Schumacher, the head of a European dairy cooperative, will take over in July. Activist investor Nelson Peltz said he strongly supported the appointment.

TikTok's Chief to Testify Before Congress in March 

Shou Zi Chew has agreed to appear before the House Energy and Commerce Committee as Republican lawmakers step up scrutiny of the Chinese-owned video-sharing app.

Tesla's Big Price Cuts Spark Backlash 

Tesla's decision to slash prices on some vehicles has upset some customers, many of whom paid thousands of dollars more for their cars just weeks earlier.

Memory-Chip Makers Face a Prolonged Price Slump 

Prices of the chips are expected to keep falling in the first half of 2023, putting more pressure on an industry that has already cut investments and jobs.

TravelCenters of America Plans EV Fast-Charger Build-Out 

The truck-stop and gasoline-filling company plans to join with Electrify America in the build-out.

Rout in Adani Stocks, Bonds Deepens 

The namesake conglomerate of India's richest man, Gautam Adani, fired back at an American short seller, but the group's 413-page response didn't stop a slide in the shares and bonds of its companies.


(END) Dow Jones Newswires

January 30, 2023 11:00 ET (16:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.