KLIF 570 News & Info

US New Vehicle Sales Rose 2.7% Last Year As Prices And Interest Rates Dropped A Little

Posted on January 4, 2025

DETROIT (AP) — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Industry analysts say discounts, such as rebates and low-interest financing, should get even better as 2025 rolls along. They see the biggest deals coming from…… MORE

Biden Blocks $14 Billion Acquisition Of US Steel By Japan’s Nippon Steel

Posted on January 4, 2025

WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition. In a Friday statement, Biden said, “We need major U.S. companies representing the major share of US steelmaking capacity to keep leading…… MORE

Hillary Clinton, George Soros And Denzel Washington Received The Highest US Civilian Honor

Posted on January 4, 2025

WASHINGTON (AP) — Former Secretary of State Hillary Clinton, Democratic philanthropist George Soros and actor-director Denzel Washington were awarded the nation’s highest civilian honor. President Joe Biden bestowed the Presidential Medal of Freedom on Saturday afternoon to 19 of the most famous names in politics, sports, entertainment, civil rights, LGBTQ+ advocacy and science. The White…… MORE

Boeing Still Needs A Culture Change To Put Safety Above Profits, According To The Head Of The FAA

Posted on January 4, 2025

A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs to change its culture and put safety above profits. Federal Aviation Administration chief Mike Whitaker made the comment in an online post Friday. Whitaker will step down as FAA administrator in two…… MORE

Tesla Sales Dropped 1.1% In 2024, Its First Annual Decline In A Dozen Years

Posted on January 4, 2025

DETROIT (AP) — Tesla’s global annual sales have fallen for the first time in more than a dozen years. It’s a blow to a stock that has soared since Donald Trump’s election and its CEO billionaire became a top policy adviser to the president elect. Sales rose 2.3% in 2024’s final quarter but that was…… MORE

J.D. Vance; Minor Surgery Friday

Posted on January 3, 2025

(FOX NEWS) – Washington – Fox News reports Vice President-elect J.D. Vance underwent minor surgery after the Senate swearing in on Friday afternoon. The surgery reportedly took place at George Washington Hospital on Friday. Vance, expected to be back at work “immediately”, according to his spokesman William Martin (Copyright, All Rights Reserved, WBAP/KLIF 2025)… MORE