Ford is moving forward on construction of a battery plant in Michigan but at a reduced size from original plans, citing a pullback in the outlook for future electric-vehicle demand. https://ift.tt/WJDxoUr

Major U.S. stock indexes fell, with the S&P 500 and Dow industrials both retreating 0.2% and the Nasdaq declining 0.6%. https://ift.tt/9ZOclk8

Fed officials were unwilling to conclude that they were done raising interest rates when they decided earlier this month to extend a pause in rate increases, minutes show. https://ift.tt/b5IJHdh

What’s News: World-Wide https://ift.tt/YBJPa9H

Blackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter. https://ift.tt/lKr5u0N

Binance CEO Changpeng Zhao stepped down and pleaded guilty to violating criminal U.S. anti-money-laundering requirements, in a deal that might preserve the cryptocurrency exchange’s ability to continue operating, according to court documents. https://ift.tt/F4xtYsw

A labor group is seeking representation on the Starbucks board, ratcheting up pressure in a battle between the coffee giant and its workers over pay and working conditions. https://ift.tt/Vcl0AfU

What’s News: Business & Finance https://ift.tt/SrQci21

Endo Creditors Offer U.S. Government $465 Million to Push Sale Forward https://ift.tt/DJqTYnR

Hamas Took More Than 200 Hostages From Israel. Here’s What We Know. https://ift.tt/Y8cSGlW