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ECONOMY
Biden set to block Nippon Steel's $14.9bn acquisition of US Steel over national security concerns

Biden plans to block Nippon Steel's $14.9bn takeover of US Steel, citing national security risks. The announcement is expected soon.

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ECONOMY
Improving Home Sales in China Signal Potential Recovery for Struggling Property Sector

Rising home sales in China point to a potential recovery in the property sector that has struggled for four years.

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ECONOMY
Alibaba shifts focus to e-commerce, divests brick-and-mortar assets

Alibaba divests its offline retail assets to enhance focus on e-commerce, leading to significant financial adjustments and strategic realignment.

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ECONOMY
Biden's Controversial Hydrogen Guidance Finalized

Biden has finalized the debate over hydrogen guidance, marking a significant development in U.S. energy policy.

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ECONOMY
Charlie Morton inks $15 million deal with Orioles for one year

Veteran pitcher Charlie Morton signs a one-year, $15 million contract with the Orioles to strengthen their rotation.

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ECONOMY
Shifting Alcohol Spending Trends Among Gen Z, Millennials, and Older Americans

Recent reports show a decline in alcohol spending among younger Americans, highlighting a shift in drinking habits and health awareness.

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ECONOMY
Recall Issued for Over 140K Trailer Hitch Locks Due to Safety Risks

More than 140,000 trailer hitch locks recalled over safety concerns of potential detachment from vehicles.

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ECONOMY
Impact of Surgeon General's Alcohol-Cancer Warning on Beverage Industry

Surgeon General's warning linking alcohol to cancer leads to stock declines for major brands and growth for non-alcoholic alternatives.

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ECONOMY
U.S. Vehicle Sales Increased by 2.7% in 2024, Greater Discounts Anticipated

U.S. vehicle sales rose 2.7% in 2024, with expectations for better discounts as inventories increase and interest rates decrease this year.

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ECONOMY
Airlines Implement Waivers for Passengers Ahead of Winter Storm Blair

Major airlines are waiving change fees for passengers affected by Winter Storm Blair, ensuring flexible travel plans amid severe weather disruptions.

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