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Inflation slowed further in December as an economic 'soft landing' moves into sharper focus

Inflation slowed further in December as an economic 'soft landing' moves into sharper focus

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly , a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot
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China confirms the 2022 conviction of a British businessperson on espionage charges

China confirms the 2022 conviction of a British businessperson on espionage charges

BEIJING (AP) — Beijing confirmed Friday that a longtime British businessperson in China was sentenced to five years in prison in 2022 on an espionage charge. Ian J.
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Tesla recalling nearly 200,000 vehicles because software glitch can cause backup camera to go dark

Tesla recalling nearly 200,000 vehicles because software glitch can cause backup camera to go dark

Tesla is recalling nearly 200,000 vehicles in the U.S. because the backup camera may not function while the car is in reverse. The recall covers certain Models Y, S and X from the 2023 model year. All are equipped with “Full Self-Driving” computer 4.
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GM's Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collision

GM's Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collision

SAN FRANCISCO (AP) — General Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions.
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Auto dealers up campaign urging Biden administration to halt EPA tailpipe emission limits regulation

Auto dealers up campaign urging Biden administration to halt EPA tailpipe emission limits regulation

DETROIT (AP) — More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday to halt the Environmental Protection Agency's efforts to enforce stricter vehicle-pollution standards.
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Italy's premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up

Italy's premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up

MILAN (AP) — Italian Premier Giorgia Meloni slammed carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and PSA Peugeot that created the world’s fourth largest auto maker.
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Japan's precision moon lander has hit its target, but it appears to be upside-down

Japan's precision moon lander has hit its target, but it appears to be upside-down

TOKYO (AP) — Japan’s space agency said Thursday that its first lunar mission hit the tiny patch of the moon's surface it was aiming for, in a successful demonstration of its pinpoint landing system — although the probe appears to be lying upside-down
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Tesla 4Q earnings fall short of analyst estimates as company warns of lower sales growth this year

Tesla 4Q earnings fall short of analyst estimates as company warns of lower sales growth this year

DETROIT (AP) — Tesla's net income more than doubled last quarter thanks to a big one-time tax benefit, but it warned of “notably lower” sales growth this year.
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South Carolina GOP governor blasts labor unions while touting economic growth in annual address

COLUMBIA, S.C.
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Businesses transitioning to electric fleets need to take careful consideration

Businesses transitioning to electric fleets need to take careful consideration

TORONTO — Some businesses in Canada are embarking on a journey to transition their vehicle fleets to meet zero-emissions goals, but experts say the road ahead isn't going to be easy.
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