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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 - 6d -
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 - 6d -
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 - 6d -
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. - 6d -
TSA screens almost 39M travelers in 15 days over holidays
The Transportation Security Administration (TSA) said it screened almost 39 million passengers in about two weeks during the winter holidays, bringing the total to more than 900 million nationwide ...The Hill - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Covid surges across US after holidays amid low booster uptake
Test positivity, emergency room visits, hospitalizations and deaths are increasing as expert warns: ‘It’s still dangerous’. . Covid is once again surging across the US after an unusual relative ...The Guardian - 6d -
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 - 6d -
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Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - 6d -
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 - 6d -
‘A lesson like no other’: readers’ favourite learning holidays
From surfing to singing, mastering a new skill can add an inspiring new dimension to a holiday. Our tipsters share their most rewarding experiences. We took the train to Birkenhead then overnight ...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 -
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 -
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 -
Olmo's season at risk as LaLiga dismiss Barça bid
Barcelona could lose Dani Olmo for the second half of the season after LaLiga said the Catalan club are not in a position to extend the Spain international's registration ahead of Tuesday's deadline.ESPN - 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 -
During the holidays, reports of domestic violence surge. But what if next year could be different? | Frances Ryan
Labour has promised to halve violence against women. As another year of grim statistics beckons, that’s a speck of hope worth grasping. There is a classic Christmas episode of EastEnders in which ...The Guardian - 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 -
22 Predictions for the 2025 Men’s Golf Season
Scottie Scheffler will remain the best golfer in the world, but fans will be reminded he’s not Tiger Woods, a columnist for The Athletic writes.The New York Times - 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 -
Mark your 2025 calendar with dates for holidays, events and games
Wondering when Easter and the Super Bowl are? When the clocks change? Check out the 2025 calendar dates for holidays, big games, movie releases, award shows and more.CBS News - Jan. 1