Chinas Ev Hybrid Sales Maintain Momentum
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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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
Netflix’s stock is still a sell and looks ‘overvalued in a momentum market’
Netflix Inc.’s stock was flat Friday after Benchmark analysts reiterated their sell rating on the stock even as they raised their price target by 30%, arguing that it’s looking overvalued in a ...MarketWatch - Jan. 3 -
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 - Jan. 3 -
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 - 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 -
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 -
Will a devastating New Year's Eve explosion change Hawaii's fireworks culture?
Authorities and residents in Hawaii are wondering whether a New Year's Eve explosion that killed three people and wounded more than 20 will dampen the state's enthusiasm for illegal pyrotechnic ...ABC News - Jan. 3 -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - 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 -
Kia Recalls 23K EVs Due to Missing Seat Mounting Bolts
Yahoo News - Jan. 2 -
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 -
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 -
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Electric Vehicles UK says hybrids without a plug should be banned or else confidence in electric cars will be damaged. Britain needs to press ahead with a ban on the sale of new hybrid cars with no ...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 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial 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 Year’s Eve fireworks explosion kills 3, injures 20 in Hawaii
A New Year’s Eve firework display in a Hawaii neighborhood quickly went wrong after three people were killed and 20 injured on Tuesday night. When fireworks were lit in a neighborhood in ...The Hill - Jan. 2 -
New Year’s Eve fireworks explosion kills three people in Hawaii
Accident that also critically injured more than 20 others occurred just before midnight outside a Honolulu home. A New Year’s Eve fireworks explosion in a Honolulu-area neighborhood killed at least ...The Guardian - Jan. 2 -
Anderson Cooper and Andy Cohen Dish About Their New Year’s Eve Show
The morning after the two were live on CNN, they talked about tequila shots, Diplo and Cohen’s dancing skills.The New York Times - Jan. 1 -
German government condemns New Year's Eve violence after hundreds of arrests
The German government has condemned incidents on New Year’s Eve in which police officers and firefighters were attacked and injured, mostly with fireworksABC 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 -
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 -
WATCH: New Year's Eve around the world
Watch fireworks and celebrations from around the globe.ABC News - Jan. 1 -
New Year’s Eve 2025: Photos of Celebrations Around the World
See how people across the globe celebrated.The New York Times - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
NYPD ramps up security for New Year's Eve in Times Square
A million people are expected to pack into Times Square in New York City to ring in the New Year. And while there's no specific, credible threats to the celebration, the New York Police Department ...CBS News - Dec. 31