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Highlights

  1. Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens

    China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.

     By Claire Fu and

    A BYD dealership in Shenzhen, China. The electric vehicle company is among the carmakers facing increasing pressure from competition.
    CreditGilles Sabrié for The New York Times
  2. Volkswagen to Exit China’s Xinjiang Region After 12 Years

    The automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.

     By

    Volkswagen and SAIC Motor of Shanghai built an assembly plant a decade ago in Urumqi, the capital of the Xinjiang region in northwestern China.
    CreditKeith Bradsher/The New York Times
  3. Tariff Threats Show Trump’s Commitment to Upending Global Trade

    The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.

     By

    Trucks waiting to cross into the United States in Ciudad Juárez, Mexico, on Tuesday. Many multinational producers have set up supply chains that snake between North American countries.
    CreditJose Luis Gonzalez/Reuters
    News Analysis
  4. Walmart, Once Eager to Promote Diversity, Pulls Back Amid Conservative Pressure

    Among other things, the retailer will no longer use the term D.E.I.

     By Lauren HirschEmma Goldberg and

    Walmart, like many other companies, has been reviewing its diversity, equity and inclusion practices since the Supreme Court rejected affirmative action at colleges last year.
    CreditWill Newton for The New York Times
  5. Trump’s Tariffs Would Deal a Big Blow to the Auto Industry

    Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

     By Jack Ewing and

    Many vehicles popular in the United States are assembled in Canada and Mexico, including the Chrysler Pacifica minivan, which is made in Windsor, Ontario.
    CreditRebecca Cook/Reuters

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  2. Holiday Shopping, Up Close and Personal

    The experience of interacting with small business owners at winter markets makes holiday shopping “a little bit more wholesome” for some visitors.

    By Aimee Ortiz and Jeenah Moon

     
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  11. DealBook Newsletter

    Inflation is Back in Focus as Trumponomics Looms Large Over Global Trade

    Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Vivienne Walt

     
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  13. I Haul, Therefore I Am

    It is the shopping phenomenon of our times, and now it’s an Amazon store.

    By Vanessa Friedman

     
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  30. DealBook Newsletter

    Trump’s Tariff Threat Roils Global Markets

    The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Adam Satariano

     
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  39. On the Wings of War

    Scientists study the flight of hummingbirds to design robots for drone warfare.

    By Jim Robbins

     
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  42. The World’s Pioneering Tech Cop Is Making Her Exit

    Margrethe Vestager, the European Union’s antitrust regulator, who put technology’s harms on the global agenda, reflected on a decade of taking on the biggest companies and what comes next.

    By Adam Satariano

     
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  55. DealBook Newsletter

    The Bessent Bounce — Markets Cheer Trump’s Treasury Pick

    Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced and Lauren Hirsch

     
  56. How Trump Could Upend Electric Car Sales

    Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

    By Lawrence Ulrich

     
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  63. How Southwest Airlines Lost Its Groove

    For decades, the company made money even as other airlines stumbled and went bankrupt. But the carrier has struggled to adapt to changes in air travel.

    By Niraj Chokshi

     
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