The price of lithium batteries is dropping as demand for electric vehicles continues to fall. The price of the commodity is down more than 30 percent in 2023, ending a two-year rally that pushed the price of the key battery material to new heights. In addition, prices for other metals that go into batteries, such as cobalt and nickel, are also sliding. The reversal comes as electric auto makers such as Tesla and Ford cut vehicle prices to attract more customers.
U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of price increases in the United States.
KinectAir is allowing customers to book short-duration flights on a private aircraft at a moderate price.
Taco Bell brought back the beloved double-decker taco just in time for the holidays.
Google has lost a federal antitrust case against its Android App Store.
Ford is going to cut planned production of its F-150 Lightning electric pickup truck nearly in half next year.
Attorneys for Gov. Ron DeSantis are asking a federal judge on Tuesday to dismiss a free speech lawsuit filed by Disney after the Florida governor took over Walt Disney World's governing district in retaliation for the company opposing a state law that banned classroom lessons on sexual orientation and gender identity in early grades.
Stocks were generally flat after the latest inflation reading showed consumer prices rose in line with estimates.
Blue Apron's Holiday Roast Box
'Green Monday' Deadline for Christmas Orders
