BLOOMBERG Russia has formally charged Wall Street Journal (WSJ) correspondent Evan Gershkovich with spying, Russian state media reported, citing people familiar with the case. The reported charges by Russia’s Federal Security Service (FSB), come more than a week after the US citizen was detained during a reporting trip to Ekaterinburg in Russia’s Ural Mountains region. Gershkovich has denied the changes, ...

BLOOMBERG Tesla Inc marked down all of its vehicles again in the US after price tweaks throughout the first quarter yielded an incremental sales gain. The company discounted each version of its higher-volume Model 3 and Y electric vehicles by at least $1,000, and versions of its costlier Model S and X vehicles by $5,000. It also introduced a new ...

BLOOMBERG Samsung Electronics Co is heading for its lowest profit since the global financial crisis, if not longer, due to a sharp slowdown in tech demand that triggered losses at its semiconductor division. The South Korean chipmaker, which reports preliminary results for the March quarter, is expected to say operating profit plummeted about 90% to 1.45 trillion won ($1.1 billion), ...