Mercedes-Benz, BMW and Volkswagen all posted declines in overall vehicle sales and saw demand drop in China in the second quarter, but experienced diverging fortunes in the hotly contested electric-vehicle market.

CEO Mark Thompson said it was “a logical possibility” that CNN might pursue a subscription bundle similar to what the New York Times offers.

Honeywell will buy the Air Products unit in its fourth acquisition in recent months as natural-gas demand grows.

David Ellison’s production company would buy Shari Redstone’s National Amusements, Paramount’s controlling shareholder, as part of the deal.

Devon Energy has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion.

The country’s auto market is rapidly electrifying, with help from state subsidies, and local electric-vehicle makers have grabbed a significant share of the market.