BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
One Percent Rule Checklist For Safer Forex Trading Risk 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
SK Innovation said it would rather settle things in court than accept LG Energy Solution’s demands for damage compensation due to stolen battery technologies.
LG is demanding at least 3 trillion won in settlement fees and a stake in SK Innovation’s wholly-owned subsidiary SK IE Technology, which manufactures a key component for electric vehicle batteries.
SK Executive Vice President Lee Myoung-young said that accepting LG's demands will seriously undermine the competitiveness of their battery business and disturb their business in the US. He added that the company would do its best in dealing with the remaining legal proceedings.
SK President and CEO Kim Jun is currently in the US trying to reverse the US International Trade Commission’s earlier ruling that favored LG.
Kim is also speaking with local officials of Georgia and Washington to salvage the Georgia battery plant.
SK Innovation is considering ditching its $2.6 billion Georgia plant with Kim thinking of relocating the equipment to their battery factories in Hungary or China. The company is conducting a study to calculate the related costs.
The plant site in Georgia was leased to SK for free by the state.
