Flow regulator valves at a natural gas measuring station in Moldova. Bloomberg | Bloomberg | Getty Images Moldova’s breakaway region of Transnistria has been thrust into a profound energy crisis following the termination of a five-year gas transit agreement between Russia and Ukraine. Hundreds of thousands of people in the mainly Russian-speaking territory of Transnistria
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Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty Images Shares of Rivian Automotive recorded their best day ever after the electric vehicle maker reported 2024 production and deliveries that were in line with its previously announced expectations. Rivian stock closed Friday
Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty
How you feel about America’s hopes for 2025 depends on the party you belong to. That’s the bottom line of four polls on Americans’ expectations for the coming year, polls from Gallup, Reuters, AP-NORC, and CBS News. In reality, these polls are a referendum on the upcoming Trump administration. Republicans’ expectations are sunny. Democrats’ expectations are grim. As a
U.S. President-elect Donald Trump shakes hands with U.S. House Speaker Mike Johnson (R-LA) as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. Brian Snyder | Reuters The House of Representatives on Friday began voting on its next speaker after outgoing Speaker Mike Johnson was nominated by Republicans and Democrats
Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total deliveries Q4 2024: 495,570 Total production Q4 2024: 459,445 Total annual deliveries 2024: 1,789,226 Total annual production 2024: 1,773,443 Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023.
Facebook vice president of global public policy Joel Kaplan and Facebook CEO Mark Zuckerberg leave the Elysee Presidential Palace after a meeting with French President Emmanuel Macron on May 23, 2018 in Paris, France. Chesnot | Getty Images Facebook parent Meta is replacing its president of global affairs, Nick Clegg, with Joel Kaplan, the company’s
CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship
Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back in international trips. From January through October alone, revenue-passenger miles worldwide, a
The Mercedes-Benz Superdome after a sudden power outage during Super Bowl XLVII. The stadium is now known as the Caesars Superdome. Getty Images The Sugar Bowl has been postponed one day until Thursday following the deadly attack in New Orleans. The decision comes hours after a 42-year-old man crashed a pickup truck into a crowd
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is
Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary
There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual. Active listings in November were 12.1% higher than they were in November 2023 and hit the highest level since 2020, according to
THE 2024 CHRISTMAS WINTER WONDERLAND WAS A PHENOMENAL SUCCESS! Kids from inner-city neighborhoods, many experiencing snow for the first time, enjoyed an unforgettable Christmas treat with bobsledding and snow play at Algin Sutton Park, right in the heart of Los Angeles. Jingle bells were ringing, jingle bells were swinging in the not so frosty Los
The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters Aviation experts are questioning the role of an airport design that positioned a mound of dirt and a concrete wall past the end of a
A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport. Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in southwestern South Korea, killing all but two of the 181 people
Quotations by former President Jimmy Carter Former President Jimmy Carter, March 25, 2014. Getty Images “My name is Jimmy Carter, and I’m running for president.” — Opening his acceptance speech at the Democratic National Convention, July 15, 1976. “I’ve looked on a lot of women with lust. I’ve committed adultery in my heart many times.”
Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained
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