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Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - Jan. 7 -
Cybertruck tracking in Las Vegas case raises privacy concerns
Elon Musk commented on the explosion shortly after it happened, saying it was not an issue with the Cybertruck itself.The Hill - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - Jan. 7 -
Austria Coalition Talks Collapse, Raising Prospects for Far-Right Freedom Party
The leader of the anti-immigrant Freedom Party of Austria, founded by former Nazis in the 1950s, was expected to be asked to enter into talks to form a new government.The New York Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Biden plans $8bn arms sale to Israel
Last-minute show of support for US president’s close ally as he nears his final days in officeFinancial Times - Jan. 4 -
How Much Alcohol Does it Take to Raise Your Cancer Risk?
The surgeon general cautioned the public on Friday that even light or moderate drinking is harmful.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 -
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 -
Manufacturers end 2024 in a slump, but rising orders raise hopes for recovery
American manufacturers ended 2024 just as they began it — in a mild slump that still shows little sign of ending ahead of President-elect Donald Trump’s return to the White House.MarketWatch - 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 -
Swave Photonics raises $28.3M for 3D holographic smartglasses and displays
Swave Photonics, a holographic display company, has raised $28.27 million in funding as it prepares components for AI-powered smart glasses.VentureBeat - 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 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - 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 -
Questions raised by Biden comments about New Orleans attacker
President Biden said Wednesday that the New Orleans truck attacker had posted videos online that showed ties to ISIS, but so far those videos haven't surfaced publicly. CBS News congressional ...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 -
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 -
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 -
New Orleans raises specter of persistent ISIS threat
The suspect in the attack in New Orleans had an ISIS flag in his truck. The case underscores the threat still posed by ISIS.NBC News - Jan. 2 -
Targeting no-call at Peach Bowl raises more questions about disputed rule
The Peach Bowl referee declined to call a targeting penalty late in the fourth quarter for a helmet-to-helmet hit by Texas safety Michael Taaffe that could’ve given Arizona State a chance to kick a ...ABC News - 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 -
Republicans raising questions about Johnson's reelection as House speaker
Republican Rep. Chip Roy said Tuesday that he doesn’t think House Speaker Mike Johnson has the necessary votes to remain speaker in Friday's leadership election.ABC News - Dec. 31