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...TikTok hit a record $16bn in sales in the US in 2023, the FT reported last month....
...A survey of 224 subsidiaries of German companies in the US published on February 8 by the German American Chambers of Commerce found 96 per cent planning to expand their investments by 2026....
...We would assume that Elon Musk’s US national security clearance is higher than that of the typical American CEO due to his control of SpaceX and the range of missions it conducts with NASA, Space Force and...
...Americans are much less likely to wear seat belts than most Europeans and also have higher rates of drink-driving....
...Tesla may be hyping up a self-driving robotaxi, but it is aware it must address problems with demand and keep a lid on costs....
...American, Delta and JetBlue all cited rising industry costs as driving their decision. The airline industry is confronting inflation, higher fuel prices and higher labour costs....
...US gasoline consumption continues to sit 4 per cent below the record volumes consumed in 2018 despite American motorists driving a record 3.6tn miles last year, according to the US Department of Transportation...
...Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...Her current record stands at $3.3mn, for “The Garden of Paracelsus” (1957), which sold in 2022....
...Last year, Tesla reported record deliveries, topping 1.8mn vehicles. The real problem is slowing rates of EV adoption. The stock is priced for nonstop growth....
...Uber’s user base was “bigger and more engaged than ever”, said Khosrowshahi, with the number of monthly active users reaching a record high of 150mn....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...Accordingly, more Americans have turned to renting, driving up prices....
...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
...American companies so that they can pay for their coke....
...“It’s driving people who would be home buyers in New York into renting.”...
...A flood of Chinese-produced solar panels is driving prices to record lows in the US, a boon for renewable energy developers but a threat to solar manufacturers trying to create a domestic supply chain for...
...At some point, American politicians will have to grasp this nettle....
...“To quell inflation, Biden has supported record production to keep oil and gas prices down, even while favouring greater gas exports to help the EU,” said Paul Bledsoe, a lecturer at American University...
...In the fourth quarter of 2023, BYD, which was founded in 1995 and counts Warren Buffett’s Berkshire Hathaway as a shareholder, sold a record 526,000 battery-only EVs to Tesla’s 484,000....
...of driving long-term value”....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...Brandon Freiman, head of North American infrastructure at KKR, said the private equity group was drawn to van Beurden’s record in pivoting one of the world’s largest energy companies towards more sustainable...
...In the summer of 2020, he quit, because he realised self-driving cars, while making driving safer, wouldn’t necessarily make cities any more liveable....
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