Business
Automakers, dealers and shoppers dawdle on EVs despite strong year in US sales growth
The EV trend in the US at the end of 2023 is a little tough to tease out. Overall sales hit a record, but they’re also falling short of expectations amid the industry’s push to transition away from combustion engines and quickly towards EVs.
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Hopes for a Mercosur-EU trade deal fade yet again as leaders meet in Brazil
The heads of state from South America’s Mercosur trade bloc are in Rio de Janeiro for a meeting that is expected to disappoint members hoping to finalize a deal with the European Union.
Trump expected to attend New York fraud trial again Thursday as testimony nears an end
Former President Donald Trump is expected to return to his New York civil business fraud trial again.
Divides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing
The leaders of China and the European Union are holding wide-ranging talks that include their disputes over trade and a deep divide on the war in Ukraine.
China’s exports in November edged higher for the first time in 7 months, while imports fell
Customs data show that China’s exports rose in November, indicating that demand may be picking up following months of decline.
Baker scores 17, Colgate knocks off Vermont State-Lyndon 115-37
Led by Chandler Baker’s 17 points, the Colgate Raiders defeated the Vermont State-Lyndon Hornets 115-37 on Wednesday night. The Raiders are now 5-4 on the season.
Ex-Jaguars financial manager accused of stealing more than $22 million, according to court filing
A former financial manager for the Jacksonville Jaguars has been accused of stealing more than $22 million from the franchise through its virtual credit card program between 2019 and 2023, according to a seven-page court filing.
Deputy US marshal detained after ‘inappropriate behavior’ while intoxicated on flight, agency says
A deputy U.S. marshal was detained in the United Kingdom on suspicion of acting inappropriately while intoxicated on a flight from New York, the agency said Wednesday.
Environmentalists say Pearl River flood control plan would be destructive. Alternative plans exist
Environmental groups in Mississippi say findings from the U.S. Army Corps of Engineers show a long-debated flood control project along the Pearl River would be “destructive.”
Canadian National purchase of Iowa railroad will add 275 miles of track to North American network
Canadian National is buying a small railroad in Iowa to expand its network in the United States. CN announced the agreement to buy Iowa Northern Railway Wednesday without disclosing financial terms.
Norfolk Southern to end relocation aid right after one-year anniversary of its fiery Ohio derailment
Norfolk Southern railroad plans to stop paying relocation aid to people displaced by last February’s fiery derailment in eastern Ohio right after the one-year anniversary of the crash.
House backs GOP bill to block EPA rule on tailpipe pollution; slams plan as electric-vehicle mandate
House Republicans have approved a bill to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles.
UK authorities make arrest following investigation into the sale of unapproved jet engine parts
There’s been an arrest in the case of suspected unapproved aircraft parts, some of which have wound up on planes operated by leading airlines.
Top Wisconsin Senate Republican says a deal is near for university pay raises. UW officials disagree
The leader of the Republican-controlled Wisconsin Senate says lawmakers are nearing a deal that would allow for long-blocked pay raises for Universities of Wisconsin employees to take effect.
Trainers at New Jersey police seminar disparaged women, made ‘inappropriate’ remarks, officials say
A new state comptroller report finds that a police training seminar in New Jersey included instructors making lewd comments about women, encouraging officers to pull people over for no reason and showing a photo of an ape after talking about pulling over a 75-year-old Black man.
Wisconsin wedding barns face new regulations under liquor-law overhaul signed into law
Wisconsin’s wedding barns face new regulations under a liquor law overhaul bill they fought to kill but that Gov.
White House delays menthol cigarette ban, alarming anti-smoking advocates
The White House is pushing back a plan to ban menthol cigarettes, an unexpected delay that quickly sparked criticism from anti-smoking groups.
How major US stock indexes fared Wednesday, 12/6/2023
Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for January delivery fell $2.94 to $69.38 per barrel Wednesday. Brent crude for February delivery fell $2.90 to $74.30 per barrel.
Opening month of mobile sports betting goes smoothly in Maine as bettors wager nearly $40 million
Officials say bettors placed nearly $40 million in online bets during the first month since it became legal.
Hornets president and vice chairman Fred Whitfield stepping down after 17 seasons for health reasons
Charlotte Hornets president and vice chairman Fred Whitfield is stepping down from his position and departing the organization due to health reasons after more than 17 years leading the team’s business operations.