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BUSINESS

  • iPhone Sales Slump in China as Demand for Non-Chinese Smartphones Drops 47% iPhone demand in China is falling, with Apple facing challenges from local rivals like Huawei amid the economic slowdown.
  • Ben Bernanke Warns Trump’s Interference with Fed Independence Could Hurt Inflation and Markets Ben Bernanke warns that interference with the Fed's independence could harm inflation and markets, stressing the need for clear communication.
  • PayPal Sued for Excluding Asian American Entrepreneurs from $535 Million Investment Initiative PayPal faces a lawsuit for racial discrimination, accused of excluding an Asian American entrepreneur from a $535M initiative.
  • Lyft Offers Discount Credits to Riders as NYC Congestion Pricing Kicks In Lyft introduces discount credits for riders amid NYC's new congestion pricing, helping offset added costs during January.
  • United Airlines Teams Up with Starlink to Bring Wi-Fi to All Its Flights United Airlines partners with Starlink for in-flight Wi-Fi, aiming for full fleet coverage by 2025, with limited free access for members.
  • Italy Seeks SpaceX’s Help: €1.5 Billion Contract for Satellite and Encryption Services Italy is negotiating a €1.5 billion contract with SpaceX for secure communications and satellite services for military operations.
  • Brad Smith Calls for AI Research Funding as Microsoft Plans $80 Billion Investment Microsoft plans to invest $80 billion in AI data centers, urging increased funding for AI research and a national talent strategy.
  • US Auto Sales Rise 2.7% in 2024: Affordable SUVs and Lower Rates Drive Growth U.S. auto sales rose 2.7% in 2024, driven by lower prices and interest rates, with EV sales up 8.8% and GM leading the market.
  • US EV Tax Credit Slashes Eligible Vehicles by 37%, Shifting Focus to Domestic Brands The reduction of US electric vehicle tax credits significantly limits eligible car models, amid Trump's potential return to office.
  • Russia’s Car Sales to Surge 47% in 2024, Fueled by Chinese Imports Russia's vehicle sales are set to double in 2024, driven by Chinese automakers filling the gap left by Western brands.
  • Fiat Coupe Gets a Modern Twist: Could It Be the Future of Affordable Sports Cars? The revival of affordable coupe models like the Fiat Coupe signals a shift from SUVs, appealing to consumers seeking sporty designs.
  • Mazda Launches Revamped CX-60 with New Special Editions and Improved Handling Mazda unveils the updated CX-60, adding sporty trims like the XD SP and XD Hybrid Trekker, with improved ride quality and performance.
  • BYD’s $27K Electric Off-Road SUV Hits 125 MPH: The Titanium 3 Could Be a Game-Changer BYD's Titanium 3 SUV merges rugged design with family-friendly features, targeting the growing electric vehicle market.
  • Honda Acty Compo: A Commercial Vehicle That Does It All with 4,700L of Storage Honda's Acty Compo returns with a bold redesign, showcasing versatility and advanced technology for commercial and recreational use.
  • What Happens When You Combine a Mustang with a Pickup Truck? Rammus Happens A unique Mustang-Ram hybrid, built for a UAE royal, blends retro style with modern power, sparking fascination among car enthusiasts.
  • Mercedes C-Class Facelift Spotted: Sleeker Look with Major Upgrades Mercedes-Benz's C-Class facelift reveals design changes and improved technology, including an EV model, aiming to boost sales.
  • THIS Tiny Hatchback Has a Ferrari 308 V8 Engine—And It’s Street-Legal Sbarro's Super Eight is a unique hatchback powered by a Ferrari engine, blending classic design with modern performance.
  • Aqua Z Raffine: Toyota's Latest Hybrid with Improved Technology and Stylish Touche Toyota introduces the Aqua Z Raffine, a luxurious hybrid with advanced tech, exceptional fuel efficiency, and versatile drivetrain options.
  • Is Xiaomi’s YU7 SUV the Next Tesla Killer? All You Need to Know About This $40,000 Electric Beauty Xiaomi's YU7 SUV enters the luxury EV market, boasting sporty design, powerful performance, and competitive pricing around $40,000.
  • Stellantis Unveils Future-Proof EV Platform: A 500-Mile Ram and Jeep's Electric Revolution Stellantis introduces the STLA Frame Platform to enhance electric and hybrid vehicle production amid declining sales.
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