Ev Sales Slump
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Burberry’s profits plunge as sales slump on slowing luxury demand
Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.MarketWatch - Business -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
The Spin: Making a call on 5 slumping fantasy baseball stars
All five of these hitters were drafted highly in fantasy baseball leagues. So far, they have not lived up to their ADPs — and that's an understatement. Scott Pianowski analyzes.Yahoo Sports - Sports -
'It's tough': Slumping Chris Taylor's playing time cut as Dodgers face roster questions
Chris Taylor spent his offseason focused on what made his swing so effective. A quarter of the way through the season, he's having a career-worst year.Yahoo Sports - Sports -
Kraft Heinz Explores Sale of Oscar Mayer
The famed hot-dog business could fetch between $3 billion and $5 billion.The Wall Street Journal - Business - Oscars -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - World -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - Business -
Amazon has a huge sale on Beats headphones and earbuds
Shop some of the best-selling Beats headphones and earbuds at Amazon to save hundreds on your favorite pair.CBS News - Top stories - Amazon -
EV Tariffs and the Inanity of Bidenism
Or how a president can be handed lemonade and turn it back into lemons.The Wall Street Journal - World - Joe Biden -
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed ...ABC News - Top stories -
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Biden quadruples tariffs on Chinese EVs
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden quadruples tariffs on Chinese EVs The Biden administration on Tuesday announced that it was hiking up tariffs on ...The Hill - Politics - Joe Biden -
How to crack the economics of EV charging
Breaking the cycle of frustrated drivers and unprofitable charge points is doableFinancial Times - Business -
Why the Hybrid Boom Is Funding EVs
Japan’s carmakers have been churning out record profits thanks to the weak yen and strong hybrid sales, creating a war chest for electric-vehicle investments.The Wall Street Journal - World -
Japan's Sony reports surge in profit on strong sales of movies, games and music
Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and moviesABC News - Entertainment -
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.CNBC - Business -
The 1,500-Piece Lego Indiana Jones Set Is On Sale For A Great Price
Several Indiana Jones-inspired Lego sets have released over the years, but for longtime fans of the archeologist-adventurer, the jewel of the collection nods back to the magic of Indy's first adventure. Lego Indiana Jones Temple of the Golden Idol ...GameSpot - Tech -
Family of weight-loss op victim call for sales ban
Shannon Bowe's family want UK hotel chains to stop hosting Turkish surgery "clinics" and sales days.BBC News - Top stories -
TikTok Creators Sue to Block U.S. Law Requiring Sale or Ban
The group, whose legal fees are being paid for by the company, said a ban of the app would violate their First Amendment rights.The New York Times - Business - Tiktok -
Biden Administration Advances $1 Billion Arms Sale to Israel
The notification of the deal to Congress even as the president holds up the delivery of other weapons shows the fine line the administration is trying to walk with its longtime ally.The New York Times - Top stories - Joe Biden -
Merck KGaA Backs Outlook After Drop in Sales, Earnings
Merck KGaA confirmed and detailed its guidance for 2024 after it reported lower sales and earnings for the first quarter, hit by inventory reductions at its life-science segment.The Wall Street Journal - World -
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Biden administration advances potential $1 billion weapons sale to Israel
The Biden administration informally notified Congress on Tuesday that it is continuing to advance a potential $1 billion weapons sale to Israel through the State Department review process, a U.S. official familiar with the process told NBC News.NBC News - Top stories - Joe Biden -
FirstFT: US piles tariffs on to Chinese EVs and semiconductors
Also in today’s newsletter, BlackRock closes in on Bitcoin crown, and US accounting leaders agree to lower bar for recruitsFinancial Times - World -
Stellantis dealerships in Europe to sell EVs made by Leapmotor
Chinese group’s electric vehicles to be available in nine markets as owner of Fiat and Peugeot looks to benefit from tie-upFinancial Times - Business -
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.CNBC - Business -
Your home sale could trigger capital gains taxes. Here's how to calculate your bill
Home prices are rising, and selling your primary home could trigger capital gains taxes. Here is how to calculate your tax bill.CNBC - Business -
Home Depot’s sales fall short of estimates as spring selling season sees delayed start
Home Depot Inc.’s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.MarketWatch - Business