Sales

Apple Shifting Away From China

Apple's main assembly partner, Foxconn, announced on Tuesday that it will establish a major new factory in Vietnam, in a sign that the iPhone maker is moving production away from China.

Study Claims This ‘Anti-Covid’ Pill May Actually Be Driving New Variants

Molnupiravir, the oral pill for COVID-19, may actually be driving the emergence of new, potentially harmful, variants of the virus, according to a Wellcome Trust-funded study at the pre-print stage.

Tesla Delivers 66,051 China-Made Vehicles in January, Up 18.4% From December

After promising preliminary numbers, it now appears final that Tesla deliveries in China continued to buck the larger national trend of sales for January.

White House Denies Sabotaging Nord Stream Pipeline After New Allegations: ‘Complete Fiction’

The White House and the CIA have denied journalist Seymour Hersh's allegations that the US was involved in the sabotage of the Nord Stream pipelines, calling the report "complete fiction" and "completely and utterly false," while the UN said it was unable to verify the claims.

Fake Meat Industry Implodes After Years of Hype

The meat substitute market is collapsing after its meteoric rise, with key players in the industry facing massive layoffs and plummeting sales.

(Sales) Taxation Is Theft

A group of House Republicans is supporting legislation that would replace federal income, payroll, estate, and gift taxes with a 30 percent national sales tax.

The Fake Meat Industry Is Failing, But That Might Lead to Governments Propping It Up

Impossible Foods, manufacturer of plant-based meat alternatives, is laying off 20 percent of its workforce.

Court Rejects Johnson & Johnson Bankruptcy Strategy for Tens of Thousands of Baby Powder Lawsuits

A U.S. court on Monday rejected pharmaceutical company Johnson & Johnson’s bankruptcy strategy to resolve billions of dollars in lawsuits that alleged the firm’s talc products cause cancer.

New Home Sales Rise for Third Straight Month as Mortgage Rates Fall

Sales of new U.S. homes rose for the third straight month in December as high mortgage rates continued to decline, offering some relief for prospective homebuyers.

U.S. Weapon Sales Rose Dramatically in 2022

U.S. weapon sales to other nations were more than $51.9 billion due to the war in Ukraine.

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