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Dow Jones Top Company Headlines at 1 PM ET: Tesla Falls Behind China's BYD as Vehicle Sales Drop for Second Year | Saks ...

Dow Jones02:00

Tesla Falls Behind China's BYD as Vehicle Sales Drop for Second Year

The end of a U.S. subsidy for electric vehicles dented the company's fourth-quarter numbers.

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Saks CEO Steps Down Ahead of Expected Bankruptcy Filing

Marc Metrick is a longtime Saks executive who had helmed the Saks Fifth Avenue and Neiman Marcus parent since 2024.

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Rivian Deliveries Decline Following Expiration of Tax EV Credit

Rivian's production and delivery totals declined in its first quarter since the expiration of a key tax credit for electric vehicles.

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Orsted Files Legal Challenge to Trump's Offshore Wind Suspension

The Danish company said its U.S. joint venture is seeking an injunction against a Trump administration order that halted the construction of all U.S. offshore wind projects.

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Vera Bradley Goes Back to Its Whimsical Roots

The maker of quilted bags and accessories says it is returning to what makes its products unique after a rebrand turned off consumers.

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Sable Offshore Stock Surges as Ruling Brings California Pipeline Closer to Restart

A federal court cleared the way for Sable Offshore's California pipeline restart while a lawsuit continues.

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Baidu's AI Chip Unit Kunlunxin Plans Hong Kong Listing

Baidu's AI chip unit Kunlunxin has confidentially filed an application to list on the Hong Kong stock exchange, the latest company to capitalize on the frenzy surrounding artificial intelligence.

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The Maker of Biscoff Cookies Bets on a Global Expansion

It's a favorite for in-flight Delta snacks, but the maker of Biscoff is chasing customers in supermarkets.

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How Kraft Heinz Lost Its Lock on Mac and Cheese-and American Shoppers

Buzzy upstarts and supermarket knockoffs have eaten into the market share of the leading brand. Years of cost cutting, underinvestment and corporate chaos preceded a planned company split.

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Jefferies Earnings Can Boost the Stock. The Company Is Moving Past Credit Concerns.

Concerns about its exposure to First Brands' bankruptcy sunk its stock, but the bank should continue to rebound after it reports earnings this month.

 

(END) Dow Jones Newswires

January 02, 2026 13:00 ET (18:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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