Latest in Cook points to 'fiscal stimulus' after Apple suffers steepest China sales decline in a year
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U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - Jan. 14 -
China Officials Discuss Option of TikTok Sale to Elon Musk
Beijing officials preparing options for after Donald Trump’s inauguration have examined possible openness to a deal for TikTok’s U.S. operations with the owner of X.The Wall Street Journal - Jan. 14 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Packers WR Romeo Doubs leaves playoff game vs. Eagles with apparent head injury weeks after suffering concussion
Doubs was down on the field for several minutes and required help from trainers to walk to the locker room.Yahoo Sports - Jan. 12 -
The rate of HMPV infections in northern China is declining, health official says
The rate of infections with the flu-like human metapneumovirus (HMPV) in northern China is declining, a health official said, amid some international concern over a potential pandemicABC News - Jan. 12 -
Houston Texans return blocked extra point for two points after miracle touchdown
The Houston Texans scored an unusual two points after a breathtaking series of events in their wild-card playoff game against the Los Angeles Chargers on Saturday.NBC News - Jan. 12 -
China and UK restart economic and financial talks after 6-year hiatus
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to BeijingABC News - Jan. 11 -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.CNBC - Jan. 10 -
Stellantis aims to reverse yearslong declines in U.S. sales and market share in 2025
Stellantis' top priority for the U.S. this year is to grow its retail market share after several years of declining sales in its largest, most crucial market.CNBC - Jan. 10 -
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Trump to be sentenced in "hush money" case after Supreme Court declines to intervene
President-elect Donald Trump will be sentenced Friday for his New York "hush money" conviction. Trump was found guilty last year on 34 counts for falsifying business records. CBS News political ...CBS News - Jan. 10 -
Trump declines to criticize Supreme Court after justices greenlight sentencing
President-elect Trump responded to the Supreme Court’s decision allowing his hush money criminal case sentencing to move forward by not criticizing the justices, instead going after his trial ...The Hill - Jan. 10 -
Number of single adults in U.S. declines for 1st time in years, survey says
"Singledom has peaked," said Dr. Richard Fry, a labor economist at Pew Research Center who conducted the survey.CBS News - Jan. 9 -
4 San Diego State University fraternity members charged after pledge suffers burn injuries
A "skit" at a fraternity party that left a pledge with burns over 16% of his body led authorities to file charges against four San Diego State University students, including the person who was ...NBC News - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Greenland ‘not for sale’, says Danish PM after Trump call for US to buy it
US president-elect’s renewed interest in Arctic island poses challenge for Denmark’s governmentFinancial Times - Jan. 7 -
Denmark stresses Greenland not for sale after Trump Jr. arrives on island
Danish Prime Minister Mette Frederiksen stressed that Greenland is not for sale after President-elect Trump’s oldest son, Donald Trump Jr., arrived on the Arctic island. Frederiksen said during a ...The Hill - Jan. 7 -
Apple says it will update AI feature after inaccurate news alerts
One alert claimed BBC story said Luigi Mangione, alleged murderer of US healthcare CEO, had killed himself. Apple has said it will update an artificial intelligence feature that has issued ...The Guardian - Jan. 7 -
While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country
Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March.CNBC - Jan. 7 -
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Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
An Ivy League football player, a cook, a mother: the victims of the New Year’s Day attack in New Orleans
Those who died on Bourbon Street had gathered to celebrate the new year and were locals, tourists, students and parents. University students. Parents and other people pursuing careers. A former ...The Guardian - Jan. 5 -
Joe Burrow, Bengals suffer injury scare as QB briefly exits Week 18 win after big hit vs. Steelers
Burrow left the game after getting sacked midway through the third quarterCBS Sports - Jan. 5 -
Ex-hospital worker arrested after 3 premature babies suffer fractures at Virginia ICU
A former hospital worker was arrested in connection with a late 2024 incident that left three babies in the Neonatal Intensive Care Unit of Virginia's Henrico Doctors’ Hospital with "unexplainable ...NBC News - Jan. 3 -
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 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - Jan. 3 -
3 observations after Curry-led Warriors hang 139 points on Sixers
The Sixers finished their back-to-back Thursday night with a wire-to-wire, blowout loss to Stephen Curry and the Warriors.Yahoo Sports - Jan. 3 -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - Jan. 2 -
Tesla Shares Slip After First Annual Sales Decline
The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.The New York Times - Jan. 2 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
