Tech's AI Hangover Might Just Be Getting Started 
 

Technology stocks opened the year with a selloff, after artificial-intelligence hype drove big gains ahead of actual business growth.

 
Behind Cheap Stuff From Shein and Temu: A Hard Bargain With Suppliers 
 

The shopping apps throw a lifeline to Chinese exporters, but it is a trade-off.

 
Fisher Investments in Sale Talks 
 

Advent International is in talks to acquire Fisher Investments, the money-management firm known for its ubiquitous advertisements.

 
Radio Broadcaster Audacy Prepares to File Bankruptcy Within Weeks 
 

Audacy is preparing to file for bankruptcy within weeks after declining advertising revenue made the radio network unable to service its nearly $2 billion debt load, according to people familiar with the matter.

 
Bloomin' Brands Names Two Directors in Agreement With Starboard Value 
 

Bloomin' Brands has appointed two new members of its board as part of an agreement with activist investor Starboard Value.

 
Wealthy Investors Rescued Juul From Bankruptcy. Others Are Crying Foul. 
 

Two of Juul Labs' longtime directors-a Hyatt Hotels heir and a venture capitalist-helped bail out the e-cigarette maker from the edge of insolvency. Now other investors are suing.

 
Tesla Falls Behind China's BYD in Quarterly EV Sales for First Time 
 

The Chinese automaker for the first time topped Tesla as the world's largest seller of electric vehicles on a quarterly basis, a sign of China's emerging strength in the market.

 
Surpassing Tesla, China's BYD Will Take On the World in 2024 
 

Having weathered domestic competition, international expansion is the car maker's next priority.

 
Americans Are Canceling More of Their Streaming Services 
 

Hulu and other streamers are turning to bundles, discounts and ad-supported plans as customer defections rise.

 
Chevron Warns of Billions in Charges From California Challenges, Gulf of Mexico Assets 
 

Chevron said it will book $3.5 billion to $4 billion in charges for the fourth quarter, citing challenges tied to regulations in California and previously sold oil and gas production assets in the Gulf of Mexico.

(END) Dow Jones Newswires

January 03, 2024 01:00 ET (06:00 GMT)