Porsche Expects Challenges to Continue as Car Deliveries Fell in China
The carmaker reported a drop in 2024 car deliveries with weakness in China offsetting growth in other markets, and said the year ahead is likely to remain tough.
Read more at The Wall Street Journal
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Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...The Guardian - 22h -
Soaring egg prices are expected to continue to increase this year
According to the CBS News price tracker, a dozen eggs cost $4.15 currently, compared to $2.51 a year ago, which is a 65% increase. The USDA says egg prices are predicted to increase 20% this year ...CBS News - 1d -
Man who died after tree fell on car during Storm Éowyn is named
The incident happened on the N14, north of Lifford, near Ballinalecky Cross, early on Friday.BBC News - 5d -
China's Population Fell Again Despite a Surprise Rise in Births
The country’s population fell for a third straight year as deaths outpaced births.The Wall Street Journal - Jan. 17 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - Jan. 6 -
Tesla's Global Vehicle Deliveries Fell in 2024 for the First Time in Years
A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.The Wall Street Journal - Jan. 2 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
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Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 6d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 6d -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 6d -
Canada to Provide $720 Million to Canada Post to Avoid Insolvency at Mail Service
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.The Wall Street Journal - 6d -
Amazon Willing to Discuss Quebec Shutdown With Canadian Officials
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to ...The Wall Street Journal - 6d
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FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
The Vertex drug is a milestone after a long history of unsuccessful efforts to develop painkillers without the addictive potential of opioids.CNBC - 8m -
FDA approves Vertex’s non-opioid painkiller, first new kind of pain medicine in decades
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Apple shares rise 3% as boost in services revenue overshadows iPhone miss
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RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits
Senators had objected to the financial conflict posed by Robert F. Kennedy Jr.’s decision to retain a financial stake in lawsuits against a major drug company. It remains unclear whether any ...The New York Times - 13m -
Intel issues weak forecast, but beats on fourth-quarter results
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