China’s electric car sales grew in 2024 as sales of gasoline cars plunged
Sales of all types of electric vehicles rose more than 40% in China last year while those of gasoline-powered automobiles plunged. The China Association of Automobile Manufacturers reported that a total of 31.4 million vehicles were sold last year in the worl…
Associated Press (apnews.com)
• Published 3 months ago
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Jamie Dimon says Donald Trump won because voters were tired of being lectured
JPMorgan Chase CEO Jamie Dimon was not surprised Trump won the White House, saying people grew tired of ineffective government.
Fortune (fortune.com)
• Published 3 months ago
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Abercrombie & Fitch boosts its holiday quarter guidance ahead of its ICR appearance (ANF:NYSE)
Abercrombie & Fitch updates sales outlook, expects strong growth for holiday quarter and full fiscal year.
Seeking Alpha (seekingalpha.com)
• Published 3 months ago
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Sonos CEO Leaving After Botched App Revamp Led to Customer Revolt
Sonos Inc. Chief Executive Officer Patrick Spence is leaving after eight years in the job, a move that follows a botched app revamp that upset customers and stymied growth.
Bloomberg (www.bloomberg.com)
• Published 3 months ago
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Pound falls further as borrowing costs rise again
Market jitters have raised questions over Rachel Reeves' performance managing the economy.
BBC News (www.bbc.com)
• Published 3 months ago
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Why Is Moderna Stock Dropping Today? Its Covid-19 Vaccine Forecast Disappointed.
Barron's (www.barrons.com)
• Published 3 months ago
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Lilly to acquire Scorpion Therapeutics' mutant-selective PI3Kα inhibitor program
The Investor Relations website contains information about Eli Lilly and Company's business for stockholders, potential investors, and financial analysts.
Lilly.com (investor.lilly.com)
• Published 3 months ago
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Three CES 2025 products I'd buy as soon as they're available for purchase
CES is officially over, so I'm reflecting on the products that left the biggest impression on me - and that I'd spend my money on.
ZDNet (www.zdnet.com)
• Published 3 months ago
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Tyler Perry Calls Out Home Insurance Companies for Canceling Plans Months Before L.A. Fires: ‘People Are Left With Nothing Because of Pure Greed’
Tyler Slams says insurance companies acted out of "pure greed" by canceling thousands of plans months before the L.A. Fires.
Variety (variety.com)
• Published 3 months ago
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D-Wave and Quantum-Computing Stocks Slide. Meta’s Zuckerberg Sees Practical Uses ‘Quite a Ways Off.’
Barron's (www.barrons.com)
• Published 3 months ago
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Exclusive | Goldman Sees Financing as the Future. It Is Rearranging Itself to Reflect That.
New group to capitalize on a surge in private credit and anticipated boom in private-equity deals
The Wall Street Journal (www.wsj.com)
• Published 3 months ago
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J&J doubles down on neurological drugs with $14.6 billion Intra-Cellular deal
Johnson & Johnson said on Monday it would buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in more than two years, boosting its presence in the market for brain disease treatments.
Reuters (www.reuters.com)
• Published 3 months ago
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China NEV sales at record 1.596 million in Dec, CAAM data show
For the full year of 2024, China's NEV sales amounted to 12.866 million units, contributing 40.9 percent of the total vehicle sales of 31.436 million units.
Cnevpost.com (cnevpost.com)
• Published 3 months ago
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Stock market today: World stocks follow Wall Street’s retreat, oil prices surge
Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% in early Monday trading. The index is coming off its fourth losing week in the last five. The Dow Jones Indus…
Associated Press (apnews.com)
• Published 3 months ago
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Robust US economy may not need Trump's big reforms
U.S. President-elect Donald Trump campaigned on promises of aggressive import tariffs, strict immigration curbs, deregulation and smaller government, but the economy he inherits next week may be screaming for something different.
Reuters (www.reuters.com)
• Published 3 months ago
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Trump's Day One tariff options carry huge economic, legal risks
"Markets would freak and I think the real world would freak."
Axios (www.axios.com)
• Published 3 months ago
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The pullback is half-way over, says strategist who says bull market continues.
The S&P 500 is probably halfway through its setback already, says Truist
MarketWatch (www.marketwatch.com)
• Published 3 months ago
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Sudden Bitcoin Price Plunge Sparks $3.2 Trillion Crypto Crash Fear
Bitcoin and crypto traders are nervously watching for whether the combined crypto market will drop below the key $3.2 trillion level...
Forbes (www.forbes.com)
• Published 3 months ago
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Moderna cuts 2025 sales view on slow start to RSV shot, weak COVID vaccine demand
Demand for its COVID vaccine has been waning after the pandemic, while adoption of its RSV shot - its second approved product- has been slower than expected,...
Yahoo Entertainment (finance.yahoo.com)
• Published 3 months ago
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BMW and Porsche Have a China Problem. They're Not the Only Ones.
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Business Insider (www.businessinsider.com)
• Published 3 months ago
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