The company’s production was limited by a global chip shortage but it made big gains in the fastest-growing segment of the auto market.
Category: United States
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
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Coinbase Reaches $100 Million Settlement With New York Regulators
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
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Why Are Energy Prices So High? Some Experts Blame Deregulation.
California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.
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Tesla Car Sales Rose 18% in Last Quarter
The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.
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‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
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When Pelé Took New York by Storm
In August 1967, it was hard to imagine that Americans might get interested in soccer. Then Pelé played at Yankee Stadium.
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China Covid: U.S. Testing Rule Meets a Collective Shrug
The U.S. travel rule drew a muted response in a country grappling with outbreaks and where mass, regular Covid testing was up until recently a daily reality for many millions of people.
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Southwest CEO Bob Jordan Faces a Giant Crisis, 10 Months Into the Job
Bob Jordan, the airline’s top executive, heralded the company’s performance just weeks before the storm highlighted gaping weaknesses in its operations.
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Airline Meltdowns in Recent History
Flight delays and cancellations over the holiday weekend have left thousands of passengers stranded. Here’s a look at a few other notable episodes like it in recent memory.
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Southwest and Other Airlines Cancel Thousands of Flights Across the US
The company canceled more than 60 percent of its flights on Tuesday and Wednesday, leaving many travelers stranded.
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In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds.
