Ford Pulls Back From EV Plans After $19.5 Billion Hit

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  Ford is writing down a massive $19.5 billion in electric vehicle investments.

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  Plus,

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  what dueling approaches in Minnesota's Twin Cities tell us about fixing America's housing crisis.

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  In St.

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  Paul,

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  you saw that they didn't find that it worked for their city and they're in fact starting to roll parts of it back.

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  It's not a wholesale rebuke of rent control, but the first attempt didn't necessarily go as planned.

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  And the U.S.

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  offers Ukraine security guarantees as part of peace talks with Russia.

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  It's Monday, December 15th.

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  I'm Sabrina Sidiki for The Wall Street Journal, sitting in for Alex Osila.

• 01:13

  This is the PM edition of What's News,

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  the top headlines and business stories that move the world today.

• 01:25

  The son of Hollywood director Rob Reiner and Michelle Singer Reiner has been arrested on suspicion of murder in the deaths of his parents.

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