Latest in China Profits Drop
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Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - Jan. 6 -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial Times - Jan. 6 -
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Steph drops great one-liner on fiery exchange between Kerr, Christie
Warriors guard Steph Curry responded to Steve Kerr and Doug Christie's fiery exchange with a fitting one-liner after Golden State's loss vs. Kings.Yahoo Sports - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
China’s box office takings drop by a quarter as viewers turn to streaming
Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slumpFinancial Times - Jan. 5 -
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 - Jan. 4 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...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 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
Marvel Lego Sets - Check Out All 10 New Builds Lego Dropped This Month
New Lego Sets Over 100 new Lego sets released on January ...GameSpot - Jan. 3 -
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 - Jan. 3 -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - Jan. 3 -
Temperatures drop across UK as arctic blast brings more snow
The weekend is set to be bitterly cold, bringing "significant snow" and blizzard-like conditions, forecasters say.BBC News - Jan. 3 -
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 - Jan. 3 -
Tesla reports first drop in deliveries in at least 9 years
Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...The Hill - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 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 -
How Congress dropped the ball on AI safety
After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.The Hill - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
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 - Jan. 2 -
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 -
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 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
Australia drop Mitch Marsh for fifth Test with Beau Webster to debut in series decider
All-rounder pays price for poor form with only 73 runs against India Mitchell Starc to play in Sydney despite carrying a rib injury Struggling all-rounder Mitch Marsh has been dropped for ...The Guardian - Jan. 2 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - 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 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
Display collapses on kids, families after balloon drop mishap in Peabody
Several children were hurt when a display collapsed during a New Year's Eve event for kids in Massachusetts.CBS News - Dec. 31 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
