Ed Kalecki

through joint ventures with domestic automakers in which the American company holds a controlling stake.

The ventures would be structured so that both the Chinese and U.S.

partners would share profits and technology in the JV.

American figure skating sensation Ilya Melinin fell twice in a disastrous free skate that sent him tumbling all the way off the podium at the Milan Cortina Olympics on Friday night.

allowing Mikhail Shidorov of Kazakhstan to claim a stunning gold medal.

Malinin, who led by a comfortable margin after the short program, merely had to deliver a mediocre performance to add individual gold to the gold medal he won in the team event.

Instead, the 21-year-old was trying to fight back tears after one of the worst nights of his career, one that left a star-packed crowd inside Milano Ice Arena sitting in stunned silence.

The Olympic medal count Norway and Italy tied for the top at 18.

The U.S.

has 14.

The Friday number is on Wall Street.

The Dow was up 48.

NASDAQ lost 50.

The S&P gaining three.

The 10-year Treasury yield at 4.04%.

The two-year is at 3.4%.

That's news when you want it with Bloomberg News Now.

I'm Ed Kalecki.

This is Bloomberg.

News when you want it with Bloomberg News Now.