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U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - 1d -
Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - 1d -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - 2d -
GM, Ford report best annual U.S. sales since 2019 as auto recovery continues
Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019.CNBC - 2d -
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 - 4d -
Who's hosting the 82nd Annual Golden Globes? All about Nikki Glaser.
Known for her brutally honest style, comedian Nikki Glaser takes the stage as host of the 2025 Golden Globe Awards tonight.CBS News - 18h -
Biden plans $8bn arms sale to Israel
Last-minute show of support for US president’s close ally as he nears his final days in officeFinancial Times - 1d -
"Breaking Bad" house up for sale. Here's how much it costs.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.CBS News - 1d -
Myanmar junta to free about 6,000 prisoners in annual amnesty, including 180 foreigners
It was not clear whether Aung San Suu Kyi, who has been held virtually incommunicado since 2021 coup, would be among those released. Myanmar’s military government will release about 6,000 prisoners ...The Guardian - 2d -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - 2d -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - 2d -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - 2d -
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. - 2d -
Ford and GM report best annual U.S. sales since 2019
Both General Motors and Ford reported their best annual U.S. new vehicle sales since 2019, prior to impacts from Covid and yearslong supply chain problems.NBC News - 2d -
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 - 2d -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - 2d -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - 2d -
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 - 2d -
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 - 2d -
Tesla shares slide after it reports first drop in annual deliveries
Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.CNBC - 2d -
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 - 3d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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. - 3d -
Tesla reports first annual decline in deliveries
Elon Musk's Tesla, which saw its stock surge after Trump's election, reported its first-ever annual decline in deliveries.NBC News - 3d -
Tesla’s annual deliveries drop for first time since 2011
US electric vehicle pioneer led by Elon Musk has been hit by slowing demandFinancial Times - 3d -
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 - 3d -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - 4d -
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 - 4d -
Pakistan, India conduct annual exchange of lists of nuclear assets
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - 4d -
Pakistan and India conduct annual exchange of lists of nuclear assets under bilateral pact
Pakistan's Foreign Ministry said it has exchanged lists of nuclear facilities with India as part of a bilateral pact that bars them from attacking each other’s nuclear facilitiesABC News - 4d -
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 - 4d