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Polestar Has a Bold Plan—Get Better at Selling Cars
The China-controlled EV brand has been losing tens of thousands of dollars on every car sold. With a US ban on Chinese car sales looming, the company needs to quickly turn things around.Wired - 17h -
Biden administration looks for ways to keep TikTok available in the U.S.
President Joe Biden’s administration is considering ways to keep TikTok available in the U.S. if a ban that’s scheduled to go into effect on Sunday proceeds, according to three people familiar with ...NBC News - 1d -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - 2d -
Putin’s Plan for Peace Is No Peace at All
Now is the time for the United States to build on its historic success supporting Ukraine, not squander it.The New York Times - 3d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Trump keeps up talk of U.S. expansion: From the Politics Desk
President-elect Donald Trump is keeping up his talk of expanding the United States by taking control of Canada, Greenland and the Panama Canal.NBC News - Jan. 7 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3
More from CNBC
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TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app's service providers.CNBC - 3h -
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.CNBC - 9h -
DOJ sues Walgreens, alleging it 'knowingly' filled millions of prescriptions that lacked legitimate medical purposes
Some Walgreens patients died of overdose shortly after getting invalid prescriptions filled at Walgreens, the DOJ alleges in the new lawsuit.CNBC - 6h -
Trump and China's Xi discuss TikTok, trade, fentanyl, president-elect says
Xi after the call said that he and Trump both expressed hope for greater progress in U.S.-China relations, Reuters reported, citing the Chinese state media.CNBC - 10h -
Trump inauguration to be moved indoors due to extreme cold
Donald Trump will be sworn in for a second White House term in the Capitol Rotunda due to expected frigid weather in Washington, D.C.CNBC - 9h
More in Business
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Meatpacking Companies to Pay $8 Million for U.S. Child Labor Violations
Perdue Farms and JBS have settled with the Labor Department after relying on migrant children to do dangerous work in their slaughterhouses. Most of the money will be used to help the children.The New York Times - 2h -
Supreme Court Backs Law Requiring TikTok to Be Sold or Banned
The company argued that the law, citing potential Chinese threats to the nation’s security, violated its First Amendment rights and those of its 170 million users.The New York Times - 3h -
When a spouse dies, there can be a ‘tax explosion’ for the one left behind
If you know what’s coming, you can plan ahead to mitigate some of the pain.MarketWatch - 3h -
TikTok says it will ‘go dark’ without US government action
Chinese-owned video app warns of blackout for 170mn users after Supreme Court upholds divest-or-ban lawFinancial Times - 3h -
Bitcoin gains as Trump reportedly plans crypto executive order
Bitcoin rejoined the crypto rally amid reports that President-elect Donald Trump could release an executive order on crypto as soon as day 1.CNBC - 3h