Battery Maker Northvolt to Cut Costs As Ev Demand Slumps in Europe

Spike in UK borrowing costs raises specter of public spending cuts

Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.

CNBC - 2d

Europe Wasn’t Built to Be Like This

Schengen is now a symbol of the migration crisis driving the backlash against globalization and the ascendance of illiberalism.

The New York Times - 2d

The Best Automated Espresso, Latte, and Cappuccino Makers (2025)

Tired of plain drinks and pour-overs? Turn your kitchen into a café with these barista-worthy machines.

Wired - 3d

How a Baltimore student became the NFL's go-to rug maker

With the help of Lamar Jackson's viral reaction, Ravens fan and college student Gordon Cartnail turned his passion for rug making into a lucrative business.

ESPN - 3d

As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump

The wildfire may be the costliest disaster in California history.

Inc. - 4d

It’s Now Possible to Make Batteries Out of Paper

This startup just won an award at CES for its paper-based battery.

Inc. - 4d

Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs

Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.

CNBC - 4d

Tilray’s stock slumps as cannabis and beer company plans to cut its drinks lineup

Tilray Brands’ stock fell Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan that will reduce the number ...

MarketWatch - 4d

The Costs of the Los Angeles Fires

Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.

The New York Times - 4d

World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales

The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.

MarketWatch - 5d

Mercedes-Benz saw sales slump in 2024, especially in electric models

Yahoo News - 5d

Ubisoft Shares Fall After Net Bookings Slump, Assassin's Creed Delay

The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.

The Wall Street Journal - 5d

Here’s Why Tesla Is Losing to Chinese EV Maker BYD

My latest five-whys analysis looks at Tesla’s sales slump.

Inc. - 5d

U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged

After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.

The New York Times - 6d

Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.

MarketWatch - 6d

U.A.W. Seeks Union Election at Ford Battery Plant in Kentucky

The United Automobile Workers union asked a federal labor regulator to conduct an election at a factory Ford jointly owns with a South Korean battery company.

The New York Times - 6d

Scotland to host 3 biggest battery energy storage systems in Europe

Investment by Copenhagen Infrastructure Partners comes as boost to SNP government before next year’s elections

Financial Times - 6d

Tips for cutting down winter heating costs and electricity bills

From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...

NBC News - 6d

The loyalty both Biden and Trump demand is costing America dearly

Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.

The Hill - 6d

Europe's biggest battery farm to be built on coal mine, developers say

Developers confirms £800m investment across two sites in Scotland to support the growth in renewables

BBC News - Jan. 8

TJD reveals Draymond's message to slumping Warriors after bleak loss

Golden State forward Draymond Green had a profound message for the Warriors after suffering a 114-98 loss to the Miami Heat on Tuesday night.

Yahoo Sports - Jan. 8

Pentagon blacklisting of China’s EV battery maker puts US banks in bind

Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groups

Financial Times - Jan. 8

Vaccine makers’ shares jump after bird flu death in US

Moderna, Pfizer, CureVac and Novavax register gains as health agency stresses risk to public ‘remains low’

Financial Times - Jan. 7

Pentagon blacklists Tencent, largest Chinese EV battery maker

The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...

The Hill - Jan. 7

Europe Wanted to Lead the World on EVs. Its Carmakers Can’t Keep Up

The lack of cheap EVs and the reliance on combustion engines is putting Europe’s plan to ban new petrol cars by 2035 at risk.

Wired - Jan. 7

These EV 'Battery Belt' Towns Are Betting Trump Won't Ditch Them

Ford, Hyundai and other carmakers are cranking up new EV battery factories, while uncertainty looms over Biden-era subsidies for them.

The Wall Street Journal - Jan. 7

Europe is not a business backwater

Comparisons with the US stock market undersell the continent’s companies and their potential

Financial Times - Jan. 5

Is Europe dream a reality for Bournemouth?

Bournemouth are on a club-record unbeaten run in the Premier League and are just three points off the top four, so could the dream of European football become a reality?

BBC News - Jan. 4

Indie film-maker Jeff Baena dies aged 47

Husband of actor Aubrey Plaza was known for writing and directing Life After Beth and co-writing I Heart Huckabees. Independent director and screenwriter Jeff Baena – who was known for quirky hits ...

The Guardian - Jan. 4

‘There will be a bit of a slump’: London braced for luxury hotel glut

Biggest number of room openings in more than a decade prompts concerns about oversupply and price cuts

Financial Times - Jan. 4

Shares of alcohol makers fall after US official calls for cancer warnings

Surgeon-general calls for more prominent warning labels on drinks to raise awareness of the link

Financial Times - 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

15 Best Outdoor Security Cameras (2025): Battery-Powered, LTE, No Subscription

These weatherproof outdoor security cams keep a watchful eye on your property while you get on with life. Our list includes battery-powered and LTE devices and options that need no subscription.

Wired - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3

Sweden's green industry hopes hit by Northvolt woes

Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.

BBC News - Jan. 3

Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high

Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.

MarketWatch - Jan. 2

Warriors report card: Team grades for slumping roster to open 2025

Dalton Johnson grades the Golden State Warriors' offense, defense and other components this season as the calendar flips over to 2025.

Yahoo Sports - Jan. 1

The 17 Best EVs Coming in 2025

After Jaguar’s chaotic relaunch and the pomp and theater of Tesla’s Cybercab reveal party, it’s hard to imagine the coming year will top 2024—until you see our picks for the best EVs of 2025.

Wired - Jan. 1

Mazzulla gives great quote about Celtics' defense, effort amid slump

What's wrong with the Celtics during their recent slump? Joe Mazzulla gave a very thoughtful answer before Tuesday's game.

Yahoo Sports - Dec. 31

Battery Maker Northvolt to Cut Costs As Ev Demand Slumps in Europe

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