Chinese-Owned EV Maker Polestar Won't Appeal U.S. Ban, Leaving Dealers in the Lurch

The automaker's exit from the U.S. market comes as several dealers hoped for retail expansion.

Jersey Mike's Sets IPO Terms That Could Push Market Cap Toward $8 Billion

Jersey Mike's Subs unveiled terms of a planned initial public offering that could give the sandwich chain, backed by private-equity giant Blackstone, an initial market capitalization approaching $8 billion.

Brookfield and CPP Investments to Buy LXP Industrial for $5.2 Billion