China’s EV price war hits BYD profits

From the BBC World Service: Tesla’s China-based rival BYD became the world’s best-selling electric vehicle maker in January, but has since seen profits drop as slower demand and more competition take a bite. We’ll hear more. Also on this morning’s program: How will England’s Premier League soccer competition — home to giants like Manchester United, Liverpool and Chelsea — change if it adopts a proposed squad spending cap?