Used car prices expected to stabilize in 2024 after two years of decreases from record highs

Used car prices expected to stabilize in 2024 after two years of decreases from record highs

Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023…

Elon Musk says random drug tests didn’t find ‘even trace quantities’ for 3 years after report claiming illegal use

Elon Musk says random drug tests didn’t find ‘even trace quantities’ for 3 years after report claiming illegal use

Elon Musk fired back after a report claimed his illegal drug use at parties worried executives and board members of his companies, saying “not even trace quantities” of drugs were found in his system during three years of random testing. “After that one puff with Rogan, I agreed, at NASA’s request, to do 3 years…

Second-largest U.S. radio company Audacy files for bankruptcy protection

Second-largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash…

WSJ News Exclusive | Biden Urged to Curb China’s Dominance of Older-Generation Chips

WSJ News Exclusive | Biden Urged to Curb China’s Dominance of Older-Generation Chips

The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel. The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips,…

U.S. spacecraft suffers fuel loss, threatening historic moon landing

U.S. spacecraft suffers fuel loss, threatening historic moon landing

Comment on this storyComment Add to your saved stories Save A commercial spacecraft bound for the lunar surface lifted off from Cape Canaveral, Fla., early Monday in the first launch of a U.S. space mission designed to land softly on the moon since the last of the Apollo flights in 1972. But after it separated…

Boeing, Aviation Stocks Fall After Rough Start to Year for Air Travel

Boeing, Aviation Stocks Fall After Rough Start to Year for Air Travel

Updated Jan. 8, 2024 2:26 pm ET A burning inferno on the runway, followed four days later by a midair emergency involving a gaping hole in the side of the plane, isn’t the way the airline industry wanted to start 2024. After a fraught 2023, in which safety specialists and regulators raised alarms about mounting…

Commanders hire Bob Myers. Can ex-Warriors GM help Magic Johnson turn franchise around?

Commanders hire Bob Myers. Can ex-Warriors GM help Magic Johnson turn franchise around?

Josh Harris and his investment partners coughed up $6.05 billion to purchase the Washington Commanders last summer. The purchase price was a record for a North American sports franchise and the sale was approved by a unanimous vote of NFL owners desperate to rid their exclusive fraternity of the villainous Dan Snyder. Harris stayed in…