sales
(Bloomberg) — Tesla Inc. has cut prices in China and the US, its two key markets, after disappointing first-quarter sales contributed to swelling inventory. Most Read from Bloomberg In China, Tesla lowered prices across its range, with the revamped Model 3 falling to 231,900 yuan ($32,000) from 245,900 previously. The Model Y was discounted to […]
Yuki Iwamura/Bloomberg/Getty Images US retail spending has increased in seven of the past 10 months. Washington CNN — Spending at US retailers rose in March for the second consecutive month, underscoring the strength of the US consumer fueled by . . .
11 April 2024, 16:29 BST Updated 37 minutes ago The White House is to close a loophole that allows thousands of firearms to be sold at gun shows and on the internet without federal background checks. It will classify around 23,000 vendors as licensed firearms dealers, making their gun sales subject to the checks. Attorney […]
This story was originally published by The Examination and the Guardian UK. The Examination is an independent nonprofit newsroom that investigates preventable health threats and empowers people in harm’s way. It was just before Christmas. A family tradition, the first for 8-year-old Gloria Moraa. She sat holding a broken mirror in her hands, watching her […]
(Reuters) – Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation. In September, Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, said it anticipated U.S. retail sales, excluding automotive, to grow 3.7% during the holiday season, […]
GM (GM) reported Q1 sales figures for the . . .
General Motors on Tuesday reported a 1.5% decline in first quarter U.S. vehicle sales compared to a year ago. The Detroit automaker said the decline to 594,233 vehicles sold during the first three months of the year was largely due to a 22.9% year-over-year decline in sales to fleet customers. Retail sales to customers were […]
UK insurer Prudential reported a strong set of operating results for 2023 as the return of mainland Chinese visitors to Hong Kong boosted life insurance policy sales after the city eased the curbs imposed at the time of the Covid-19 outbreak. Net profit, which Prudential calls IFRS profit after tax, reached US$1.71 billion in 2023, […]
The Wall Street Journal report also says the Food and Drug Administration is helping to investigate the Facebook owner. US prosecutors in Virginia are probing whether Facebook-parent Meta’s social media platforms facilitated and profited from the illegal sale of drugs, according to a Wall Street Journal report. Citing documents and people familiar with the matter, […]
In May 2023, the SEC settled charges with Ishan Wahi and Nikhil Wahi in what it has called the “first-ever insider trading case involving cryptocurrency markets.”In May 2023, the SEC settled charges with Ishan Wahi and Nikhil Wahi in what it has called the “first-ever insider trading case involving cryptocurrency markets.”In May 2023, the SEC […]