Li Auto Cuts Sales Target on Weak Order Intake

Li Auto cut guidance for first-quarter car sales after its chief executive acknowledged missteps in the rollout strategy for its first fully electric car. 


 
Build-A-Bear's Shipping Expenses Pushed Up By Red Sea Attacks. Will Stuffed Bears Cost More?

Build-A-Bear is seeing the effects of the attacks on commercial shipping in the Red Sea on its supply-chain. Shoppers may too. 


 
As Fisker Fails, EV Startups Need to Learn From China

Speeding up product development might be a more effective way to lighten the car industry's debilitating capital burden than outsourcing production. 


 
Amazon's New Focus: Fending Off Rivals Temu and Shein

The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon's central competitive focus. 


 
BMW Sees Auto Margin Flat on Year

BMW said it expected a stable margin for its automotive division this year but forecast a lower group earnings margin as used-car demand falls and investments peak. 


 
Galderma Prices IPO at Top of Range

Swiss skincare company Galderma, backed by buyout firm EQT, has priced its initial public offering at around $60 a share, in this year's largest float so far. 


 
XPeng Shares Fall in Hong Kong as Alibaba Continues to Trim Stake

XPeng's stock fell sharply in Hong Kong as Alibaba sold more shares in the electric-vehicle maker, potentially divesting itself of noncore assets. 


 
Shein to Market Its Unique Supply-Chain Technology to Global Brands

The China-founded fashion giant is shifting its business strategy as it faces U.S. challenges. 


 
Elon Musk's Neuralink Shows First Patient Using Its Brain Implant

A man paralyzed in a diving accident moved a computer cursor with his thoughts. 


 
Apple Faces Legal Protest From Meta, Microsoft, X, Spotify and Match

Five tech companies object to Apple's new app store policies related to payment for services.


(END) Dow Jones Newswires

03-21-24 0715ET