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Tesla Rival Li Auto Launches $2 Billion Hong Kong Share Sale

The steering wheel of a Li Auto car in a showroom in Beijing last year.

The steering wheel of a Li Auto car in a showroom in Beijing last year.

Photo: jason lee/Reuters

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Tencent Plummets as China Takes Aim at Online Videogames

A fan posing at a Tencent Games at the China Digital Entertainment Expo and Conference in Shanghai on Friday.

A fan posing at a Tencent Games at the China Digital Entertainment Expo and Conference in Shanghai on Friday.

Photo: aly song/Reuters

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Ernst & Young to Pay $10 Million to Settle SEC Probe

Ernst & Young agreed to settle without admitting or denying misconduct.

Ernst & Young agreed to settle without admitting or denying misconduct.

Photo: Simon Dawson/Bloomberg News

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Goldman Sachs Is Giving Entry-Level Bankers a Nearly 30% Raise

Investment banking fees were the second-highest ever at Goldman last quarter.

Investment banking fees were the second-highest ever at Goldman last quarter.

Photo: Gabby Jones for The Wall Street Journal

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Ferrari Is Stuck in Neutral

The Italian sports car maker is accelerating smoothly out of the pandemic, but that isn’t enough to please investors.

The Italian sports car maker is accelerating smoothly out of the pandemic, but that isn’t enough to please investors.

Photo: Geoffrey Swaine/Zuma Press

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Square Keeps Its Equal Sides With Afterpay Deal

Square’s shares rose sharply Monday following news of the $29 billion Afterpay deal.

Square’s shares rose sharply Monday following news of the $29 billion Afterpay deal.

Photo: David Paul Morris/Bloomberg News

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Heineken's Usual Advantage Will Slow Its Recovery

Cans of Heineken non-alcoholic beer are seen at a sampling event in New York.

Cans of Heineken non-alcoholic beer are seen at a sampling event in New York.

Photo: staff/Reuters

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Big Apple Takes Bite Out of Food Delivery

New York City is Grubhub’s largest U.S. market.

New York City is Grubhub’s largest U.S. market.

Photo: Evan Angelastro for The Wall Street Journal

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Utilities Eye Mini Nuclear Reactors as Climate Concerns Grow

The U.S. Energy Department says it would invest $3.2 billion over seven years to support the development of small modular reactors, like X Energy’s TRISO-X.

The U.S. Energy Department says it would invest $3.2 billion over seven years to support the development of small modular reactors, like X Energy’s TRISO-X.

Photo: X-energy

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Allianz Shares Sink on DOJ Investigation Into Structured Alpha Funds

Allianz has been sued by institutional investors over the Structured Alpha funds.

Allianz has been sued by institutional investors over the Structured Alpha funds.

Photo: charles platiau/Reuters