Bloomberg Business

Ford Motor Co. has temporarily halted production and stopped shipments of its hot-selling F-150 Lightning electric pickup truck over an unidentified problem with its battery.

The Biden administration suspects that three unidentified objects downed since last Friday served commercial purposes and weren’t used for spying, a judgment that may help ease anxiety over a Chinese balloon that traversed the US before being shot down.

Secretary of State Antony Blinken is considering a meeting with Wang Yi, China’s top diplomat, at the Munich Security Conference later this week, people familiar with the matter said, in what would be their first face-to-face talks since an uproar over a Chinese balloon led to a new spike in tensions.

Kazuo Ueda, nominated to lead a Bank of Japan that’s backing ESG efforts, has voiced skepticism in the past about monetary authorities getting involved in green policies.

With Apple Inc. pushing into the lending business with a “buy now, pay later” service, the company is laying out rules for how it will approve transactions. One key factor: whether you’ve been a good customer in the past.

The US will push for Ukraine’s allies to deliver more anti-air defense capabilities to fend off Russia, which still has “a substantial number of aircraft” left in its arsenal, Defense Secretary Lloyd Austin said. He spoke after defense chiefs from NATO countries met in Brussels to discuss weapons deliveries, including tanks and ammunition for Kyiv.

Toshiba Corp. cut its full-year profit forecast and said its chief operating officer resigned after an investigation into his expenses, a pair of setbacks as the troubled electronics giant tries to extract favorable terms in privatization talks. Shares fell.

Alaska’s senators sharply condemned any potential Biden administration move to authorize ConocoPhillips’ $8 billion Willow oil project with restrictions so onerous it wouldn’t be viable, warning that would be seen as a rejection — and an unacceptable blow to residents across the nation’s largest state.

Dianne Feinstein of California, the US Senate’s longest-serving Democrat and its oldest member, said she won’t run for a seventh term in 2024.

Mosquitoes have moved to higher elevations and pushed further south as the climate has changed, taking the risk of malaria with them, a new study shows.