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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 - 5d -
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 - 5d -
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. - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
Thai prime minister declares £324m in assets including 217 designer handbags
Paetongtarn Shinawatra made required wealth declaration to national anti-corruption commission. Thailand’s prime minister, Paetongtarn Shinawatra, has declared £324m in assets including a ...The Guardian - 5d -
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 - 6d -
'I learned to play guitar with one arm after a stroke'
A man has been able to resume his music career after a stroke - by teaching himself to play the guitar one-handed.BBC News - 6d -
Germany’s Hensoldt urges EU to follow US on local arms procurement
Radar maker says bloc can use existing laws to bypass free trade rules and boost region’s defence infrastructureFinancial Times - 6d -
Report: Giants wouldn't include Eldridge in trades for stars
The San Francisco Giants reportedly were unwilling to include top prospect Bryce Eldridge in potential trades for star MLB players.Yahoo Sports - 6d -
Biden awards Presidential Citizens Medals to 20 recipients, including Liz Cheney
According to the White House press release, this award is given to Americans who "have performed exemplary deeds of service for their country or their fellow citizens."ABC News - 6d -
Pro Bowl rosters include 9 Ravens, no Mahomes
Nine Baltimore Ravens, including two-time NFL MVP Lamar Jackson and Derrick Henry, were selected for the Pro Bowl Games. Patrick Mahomes wasn't selected for the first time since becoming Kansas ...ESPN - 6d -
Tesla Saw Its First Annual Sales Decline in a Dozen Years
Tesla saw a 1.1 percent decrease from 2023 sales.Inc. - 6d -
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 - 6d -
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 - 6d -
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. - 6d -
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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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
Montenegro Shooting Kills 12, Including 2 Children, Officials Say
The authorities in the small Balkan country reported after a search that the gunman, whose rampage followed a bar fight, had been found dead.The New York Times - 6d -
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 - 6d -
Twelve people including two children killed in Montenegro shootings
Police identify attacker as 45-year-old Aleksandar Martinović, who they say opened fire in a bar after a fight. Twelve people, including two children, have been killed and four others seriously ...The Guardian - 6d -
Gunman kills 12 people including 2 kids in Montenegro shooting spree
Officials say a gunman opened fire at multiple locations in Montenegro, killing a dozen people before turning the gun on himself.CBS 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 -
An armed man kills at least 10 people, including 2 children, in a shooting rampage in Montenegro
Montenegro’s interior minister says at least 10 people, including two children, were killed in a shooting in the western city of CetinjeABC News - Jan. 1 -
Fantasy Basketball: Best performers at center include Alperen Sengun who's averaging a career-high in rebounds
Also, Jaren Jackson Jr. is quietly on pace to average over 22 points per game for the second consecutive seasonCBS Sports - Jan. 1 -
Israeli strikes kill 12 in Gaza including children as war grinds into the new year
Palestinian medics say Israeli strikes have killed at least 12 people in Gaza, mostly women and childrenABC 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
