Latest in December sales provide little cheer for retailers
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The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - 6d -
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 - 6d -
Homeland Security Chair Mark Green provides updates on New Orleans attack
Homeland Security Chair Mark Green joins "CBS Mornings" to talk about the New Year's Day attack in New Orleans, where an ISIS-inspired driver killed 14 and injured dozens before being killed by ...CBS News - 6d -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - 6d -
Rugby star Ilona Maher eyes Bristol debut as ticket sales break club record
Ticket sales have broken a record ahead of U.S. rugby star Ilona Maher making her debut for the Bristol Bears women’s teamABC News - 6d -
Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - 6d -
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 - 6d -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - 6d -
NBA names Knicks' Karl-Anthony Towns Eastern Conference Player of the Month for December
Knicks center Karl-Anthony Towns was named NBA's Eastern Conference Player of the Month for December.Yahoo Sports - 6d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 6d -
Biden provides update on terrorist attack, celebrates New Orleans' spirit
President Biden provided an update on the terrorist attack in New Orleans, Louisiana, before delivering remarks on his judicial confirmations. Mr. Biden reiterated that as of now, the Bourbon ...CBS News - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Here’s the Reason U.S. Auto Sales Could Accelerate in 2025
Reduced inventories of cars amid enduring supply chain limitations are finally expanding again, lowering prices for buyers, and fueling sales growth for dealers.Inc. - 6d -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2 -
Watch live: Louisiana officials, FBI provide update on New Orleans attack investigation
Louisiana Gov. Jeff Landry (R) and the FBI field office in Orleans are set to provide an update Thursday morning on the investigation into the New Year's Day terror attack that left 15 dead, and ...The Hill - 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 -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - 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 -
Pigs in blankets and fizz help boost Lidl Christmas sales
The supermarket chain said it achieved its best Christmas on record in 2024, although growth has slowed.BBC News - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Social pressure holds back sales of alcohol-free drinks, research finds
Other challenges include price and taste expectations, with Gen Zers most likely to succumbFinancial Times - Jan. 2 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - Jan. 1 -
Officials provide update after car drives into crowd in New Orleans
Watch live coverage as law enforcement officials provide an update after a man drove into a crowd on New Orleans' Bourbon Street killing and wounding multiple people.NBC News - Jan. 1 -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - Jan. 1 -
‘Trump is a little guy, Musk is a big guy’: historian predicts trouble for president-elect
Timothy Snyder says world’s richest man is likely to exert uncomfortable influence over White House. Allies and aides to Donald Trump should be increasingly concerned by Elon Musk’s proximity to ...The Guardian - Jan. 1 -
Borrowers cheer Biden's record-setting student loan forgiveness, but left bitter with the system
President Biden will leave office with the legacy of approving the greatest amount of student debt relief of any president, changing the lives of millions of Americans. Many of these borrowers ...The Hill - Jan. 1 -
NHL Winter Classic 2025: Blues' defense provides offense in rout of Blackhawks at Wrigley Field
Cam Fowler scored two goals in his 1,000th NHL gameCBS Sports - Jan. 1