Focus on Business
US winter storms could cause power outages, cut natgas supplies
Freezing weather may cause power outages and peak natural gas demand, with supply drops expected due to freeze-offs.
Ford’s US sales rise 4.2% in 2024
The automaker posted total annual sales of 2,078,832 units, compared with the 1,995,912 units it sold a year ago.
Toyota posts 3.7% rise in 2024 US sales
Toyota Motor North America reported a 3.7 per cent rise in annual U.S. auto sales on Friday, benefiting from higher demand for its...
GM posts 4.3% rise in 2024 US sales
The Detroit automaker posted sales of about 2.7 million units in 2024, compared with the 2.59 million units it sold a year ago.
Biden team offers nuclear path to hydrogen tax credit
The new rules settle one of the last and most contentious issues related to the Inflation Reduction Act.
EV maker Rivian beats expectations for deliveries as supply snag eases
Shares of the California-based company rose nearly 6% in premarket trading. The stock lost more than 40% of its value in 2024.
Threat of tariffs will loom large amid auto, tech glitz at CES
Consumer Electronics Show is used to debut products ranging from new automotive technology to quirky gadgets.
Illinois confident it can continue clean energy progress under Trump, but path expected to be harder
Illinois clean energy advocates rely on state laws like FEJA and CEJA to advance goals amid challenges from a Trump presidency.
Tesla’s China sales hit record high in 2024, bucking global decline
In 2024, Tesla delivered 36.7% of its cars to customers in China.
U.S. LNG exports soar in December, lifting full-year growth by 4.5%
U.S. LNG exports hit near-record 8.5 MT in December, boosting 2024 shipments 4.5 per cent amid new plant startups, LSEG reports.
