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Two Republican holdouts flip to reelect Mike Johnson as House speaker
The 119th Congress kicked off Friday with a contentious House speaker vote. House Speaker Mike Johnson of Louisiana kept the gavel after some back-and-forth in his party. CBS News congressional ...CBS News - 5d -
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 - 5d -
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 - 5d -
Two more family members sentenced in Ohio crime of ‘boundless depravity’
Eight members of a family were killed in a 2016 shooting and another two members received lengthy sentences. Two more family members convicted in the killings of eight members of an Ohio family ...The Guardian - 5d -
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 - 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 -
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 -
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 -
An aspiring nurse, a dad of two and a college student are among the New Orleans victims
Loved ones are mourning the 14 people killed in the truck attack in New Orleans. CBS News has learned the identities of 10 of the victims, who range in age from 18 to 63 years old. "CBS Mornings" ...CBS News - 6d -
Two dead and 19 injured in southern California plane crash
Plane crashed through roof of manufacturing building were at least 200 were working, police say. Two people died and 19 were injured when a small plane crashed through the roof of a sprawling ...The Guardian - 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 -
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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 -
Two dead after plane hits factory roof near LA
Police say that 18 people were also injured during the incident in Fullerton, California.BBC News - 6d -
Turo, the Car-Share App Used in Two Attacks, Is No Stranger to Safety Concerns
After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.The Wall Street Journal - 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 - 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 -
Two stabbings at two NYC subway stations occurred New Year's Day
The attacks are part of a recent series of unrelated violent incidents occurring on or near subways.The Hill - 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 -
Russia Is Reportedly Making Two Video Game Consoles
Russia is looking to enter the video game console space by creating its own systems, and the country is reportedly planning on making two different kinds as it continues to feel the economic impact ...GameSpot - 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 -
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 - 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 -
My Two Best Friends Started Dating Each Other. I’m Livid!
Feeling slighted after a former flame paired up with an old friend she met through him, a middle-aged reader cut off contact with both. So why does he feel so bad?The New York Times - Jan. 2 -
SAS Rogue Heroes season two review – air-punchingly good
Steven Knight’s cool-as-hell second world war drama is back – and it’s still an utterly thrilling romp of a watch. Charge on!. Man down! Steven Knight’s crackerjack dramatisation of the formation ...The Guardian - Jan. 1 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Two teenagers killed in New Year's Day crash
A boy aged 16 and an 18-year-old man died in the crash in East Yorkshire, police say.BBC 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