US new home sales fall to one-year low in November
WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned…
WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned…
(Reuters) – U.S. new-vehicle sales are expected to rise about 13% in December from a year earlier, driven by strong discounts and vehicle availability, industry consultants J.D. Power and GlobalData…
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly rose in November, but further gains as mortgage rates retreat from 23-year highs could be limited by a chronic shortage of houses…
BRICK, NJ – Following an extensive investigation, the Brick Township Police Department Street Crimes Unit (SCU) in conjunction with the Ocean County Narcotics Strike Force, NJ Treasury Department, and NJ…
By Nathan Gomes (Reuters) – American car dealers are set to wrap the year with generous incentives and discounts during winter sales, aiming to clear older vehicle stocks and prepare…
UTICA, NY – The Utica Police Department’s Crime Prevention Unit has completed a targeted operation addressing illegal sales of tobacco to minors, following numerous complaints. On December 17th, 2023, the…
SHANGHAI/SINGAPORE (Reuters) – Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during…
(Reuters) – Olive Garden owner Darden Restaurants on Friday forecast annual same-store sales largely below estimates and missed Wall Street expectations for second-quarter revenue as its fine dining business remained…
By David Shepardson WASHINGTON (Reuters) – General Motors CEO Mary Barra said Wednesday the Detroit automaker still plans on moving to all electric vehicle sales by 2035 even as it…
(Reuters) – U.S. new vehicle sales are expected to rise just 1% to 15.7 million units next year, car shopping website Edmunds said on Wednesday, as demand is likely to…
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores. Consumers grappling with high…
(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast and Walt Disney…
By Nick Carey LONDON (Reuters) – Global sales of battery electric vehicles (BEV) and plug-in hybrids (PHEV) rose 20% versus a year ago as strong growth in North America and…
TRENTON, NJ – The New Jersey Legislature is considering a bill aimed at providing substantial tax relief to small businesses in the state. The proposed legislation, if enacted, will halve…
BEIJING/SHANGHAI (Reuters) -China’s passenger vehicle sales rose 25.5% in November from a year earlier, faster than the prior month and extending growth to a fourth month, industry data showed on…
MOSCOW (Reuters) – Russia’s central bank on Thursday said exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October, as capital controls forced the…
(Reuters) – Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early next year to help combat a decline in sales of…
(Reuters) – Brown-Forman cut net sales forecast for 2024 on Wednesday as cost-conscious consumers looked at cheaper alternatives to the whiskey-maker’s more pricier brands in the United States, dragging the…
MOSCOW (Reuters) – A Russian distributor of Western sports brands will start selling Adidas and Reebok products as soon as this week, despite the companies’ departure from the market over…
COPENHAGEN (Reuters) – Volvo Cars’ sales grew 8% in November from a year earlier to 63,682 cars, the Sweden-based group said on Monday. Volvo Cars, which is majority-owned by China’s…
HAMBURG, NY – Elder Guadalupe Martinez, a 30-year-old Hamburg resident, admitted to significant financial crimes in Erie County Supreme Court on Thursday. Martinez, who operated the Mexico City restaurant on…
ST. LOUIS – A man from St. Charles County, Missouri on Thursday admitted selling firearms without a license, including over 30 that were recovered at or after crimes. Harry Trueblood,…
RALEIGH, N.C. – A Rocky Mount man was sentenced yesterday to 192 months in prison for distribution of cocaine base (“crack”) and possessing a firearm in furtherance of drug trafficking. …
By Hari Kishan BENGALURU (Reuters) – U.S. existing home sales are forecast to remain subdued next year and beyond as high mortgage rates force homeowners to stay put, according to…
By Stefania Spezzati and Karin Strohecker LONDON (Reuters) – Software firm SUSE, whose clients include Microsoft and BMW, told investors in January it was tightening its scrutiny of commercial deals.…