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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. - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts
A network of Facebook pages has been advertising “fuel filters” that are actually meant to be used as silencers, which are heavily regulated by US law. Even US military officials are concerned.Wired - 5d -
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 - 5d -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - 6d -
Lululemon longtime bear is still telling investors to sell the stock
Lululemon Athletica Inc.’s stock slid 2.6% Thursday, after analyst firm Jefferies said it’s still recommending that investors sell the yoga-gear maker’s shares after they hit a second valuation ...MarketWatch - 6d -
Turo, the Car-Share App Used in Two Attacks, Is No Stranger to Safety Concerns
After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.The Wall Street Journal - 6d -
California gas car ban faces uncertain future
{beacon} Energy & Environment Energy & Environment The Big Story Legal challenges complicate California's auto future While the Biden administration recently approved California’s effort to ban ...The Hill - 6d -
What's Turo? The 'Airbnb of cars' was used in New Orleans and Las Vegas incidents
An online car rental service is under scrutiny after it was used in two incidents Wednesday.NBC News - 6d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 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 -
Americans more likely to embrace driverless cars, but still skeptical: Survey
Americans are more likely to embrace driverless cars but are still skeptical of them, according to a new survey from YouGov. In the survey, 35 percent of Americans said when it comes to driverless ...The Hill - 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 -
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 -
Man dies after car hit pedestrians on Christmas Day
A man who was hurt when a car hit pedestrians in London's West End on Christmas Day has died.BBC News - 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 - 6d -
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 - 6d -
What is Turo? Car rental app used in New Orleans and Las Vegas
Turo, a San Francisco-based company founded in 2010, operates differently from traditional car rental services.The Hill - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Trump’s ‘Maganomics’ will hurt growth, economists tell FT polls
On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policiesFinancial 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 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial 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 -
New Orleans New Year's car attack: What we know
Early New Years Day terror struck New Orleans as a man drove a pickup truck into a crowd on Bourbon Street, killing at least 15 and injuring dozens more. The driver was identified as Shamsud-Din ...The Hill - Jan. 1 -
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'The scene was just horrific' - witnesses tell of carnage
Revellers had been celebrating the new year when a driver ploughed his pick-up truck into a large crowd.BBC News - 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 -
Videos show scene after car plowed into crowd in New Orleans
Videos from New Orleans show the damage and victims after a driver plowed into a crowd on Bourbon Street. NBC News' Morgan Radford has details on the videos, how they were verified and the ongoing ...NBC News - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - 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 -
Are you really getting a moderate or intense workout? Here's how to tell.
Looking to amp up your exercise as part of your New Year's resolutions? Here's how to calculate the intensity of your workouts.CBS News - Jan. 1
