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P.M. Edition for Dec. 15. Ford expects to take about $19.5 billion in charges as it retrenches from electric vehicles. WSJ’s Rebecca Picciotti unpacks how two starkly different approaches to housing costs played out in Minnesota’s Twin Cities. And Hollywood director Rob Reiner’s son Nick Reiner has been arrested on suspicion of murder in his parents’ deaths. Sabrina Siddiqui hosts.

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