For years, Toyota Motor Corp. focused on pushing its hybrid models in Europe, avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG. The Japanese carmaker’s strategy is finally paying off.
Day: December 29, 2016
China Would Outlast U.S. in Trade War, Pine River Letter Says
China would outlast the U.S. in a trade war, which is a “distinct possibility” next year after President-elect Donald Trump takes office, a commentator wrote in the $1 billion Pine River China Fund’s investor letter. China’s government would be better placed than the U.S. to marshal state resources to cushion the impact on exporters, wrote James Wang, a City University of Hong Kong professor who pens a monthly commentary for the fund.
Debbie Reynolds’ life in pictures
Debbie Reynolds, the mother of Carrie Fisher, died Wednesday at the age of 84, a day after the death of her daughter . The legendary Hollywood actress is best known for her roles in the musical “Singin’ in the Rain” and “The Unsinkable Molly Brown,” which brought her an Oscar nomination.
Carmelo Anthony was ejected for taking a swing at an Atlanta…
Carmelo Anthony’s night against the Atlanta Hawks came to an early end when he lost his cool and was ejected for taking a swing at the head of Atlanta Hawks swing man Thabo Sefolosha. Sefolosha tried to box out Anthony.
Race to save rare breed of pig hinges on eating them
In this Thursday, Dec. 8, 2016, photo Susan Frank prepares to feed her mulefoot pigs at Dogpatch Farm in Washington, Maine. The rare breed enjoys open pasture and woodland at the small farm in rural Maine.
Strained U.S.-Israeli Ties Reach Another Low After Kerry Speech
Strained U.S.-Israeli ties reached another low on Wednesday as Secretary of State John Kerry and Prime Minister Benjamin Netanyahu traded blame over the stalled Middle East peace process, with President-elect Donald Trump vowing a fresh start when he takes office on Jan. 20. Kerry, in a speech Wednesday in Washington, said Netanyahu’s policies backing the expansion of settlements in East Jerusalem and the West Bank were putting a two-state solution to the Israeli-Palestinian conflict increasingly out of reach. Netanyahu, minutes later, accused Kerry of anti-Israel bias and said the U.S. focus on settlements was “unbalanced.”
Vermont ski resort owner denies SEC civil fraud charges
The owner of a Vermont ski resort is denying fraud allegations filed against him by the U.S. Securities and Exchange Commission. In documents filed last week in federal court in Miami, Ariel Quiros denies that he was behind a $200 million fraud at Jay Peak ski resort.