Pete Hegseth, Trump’s pick for the Pentagon, faces allegations of alcohol abuse and sexual impropriety from a New Yorker report, including being drunk at veteran nonprofit events and pursuing female staffers. Hegseth stepped down from Concerned Veterans for America in 2016 due to concerns about his management and alcohol use, and previously led Vets for Freedom, which faced financial troubles under his leadership. Trump’s team has not responded to the report.
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Auto giants endured a torrid time of it this year — and few expect 2025 to be much better
Analysts predict ongoing challenges for the European automobile industry due to obstacles in electrification, including a lack of affordable models and charging infrastructure, competition from China, stricter carbon regulations, and potential U.S. tariffs. The industry faces a difficult year ahead as it struggles to catch up with Chinese automakers and grapples with lower car sales and higher interest rates. Some European OEMs are worried about meeting upcoming carbon regulations and a decline in electric vehicle...
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