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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 - Jan. 3 -
TikTok and Government Clash in Last Round of Supreme Court Briefs
The briefs, filed a week before oral arguments, offered sharply differing accounts of China’s influence over the site and the role of the First Amendment.The New York Times - Jan. 3 -
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 - Jan. 3 -
Scalise cites DEI initiatives in law enforcement while discussing New Orleans attack
House Majority Leader Rep. Steve Scalise (R-La.) cited diversity, equity and inclusion (DEI) initiatives that he says have blurred the focus of law enforcement agents hired to keep the country safe ...The Hill - Jan. 3 -
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 - Jan. 3 -
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 - 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 -
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 - 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 -
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 - Jan. 3 -
Trump: 'Why would I want to get rid of TikTok?'
President-elect Trump doubled down on his support for TikTok on Friday, as the popular social media app prepares to argue against an impending ban before the Supreme Court next week. “Why would I ...The Hill - Jan. 3 -
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 - 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 -
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 - Jan. 3 -
Getting creative: African YouTubers and TikTokers search for ways to make it pay
The £2.4bn sector is thriving, says a new report, as online demand grows for authentic cultural content created outside the global north – but there are still challenges. Vlogs by the Nigerian ...The Guardian - 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 -
Louisiana Rep. Troy Carter discusses New Orleans truck attack aftermath
As the investigation into the deadly New Orleans truck attack gets underway, one Louisiana congressman is vowing that "no stone will be left unturned." Democratic Rep. Troy Carter, whose district ...CBS News - Jan. 2 -
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 -
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. - 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 -
Small Businesses Brace Themselves for TikTok Ban
If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.Inc. - 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 -
A TikTok Ban Looms. Creators Say They'll Believe It When They See It.
Status-quo videos are still proliferating on the Chinese-owned app. Madison Avenue remains upbeat just weeks before the potential U.S. ban.The Wall Street Journal - Jan. 2 -
Brooke Eby’s Humor About Living With A.L.S. Made Her a TikTok Star
After being diagnosed with A.L.S. in 2022, Brooke Eby could have turned inward. Instead, she opened up — and found a fan base online.The New York Times - Jan. 2 -
Liverpool's Salah, TAA, Van Dijk can discuss moves
Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold are free to discuss moves away from Liverpool ahead of the expiry of their contracts.ESPN - 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 -
Johnson to meet with Trump at Mar-a-Lago on New Year's Day, discuss 'strategy'
Speaker Mike Johnson (R-La.) plans to meet with President-elect Trump at his Mar-a-Lago estate in Palm Beach, Fla., on New Year’s Day to discuss “strategy,” as the top House Republican prepares for ...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