From Yahoo Finance: 2025-06-16 13:27:00

Bentley CEO Frank-Steffen Walliser navigates a pivotal time for the luxury brand, transitioning to hybrid and eyeing all-electric. Tariff uncertainty looms with the US, affecting operations and planning. Despite a tough year, Bentley remains optimistic with strong demand and new models in the works. The future includes hybrids and eventually all-electric propulsion. Bentley’s first pure EV expected in 2026, showcasing innovation and modernity in a compact SUV. Bentley owners show satisfaction with current gas-powered models, as the brand evolves towards a more sustainable future. 1. The stock market reached record highs today as the Dow Jones Industrial Average closed at 30,000 points for the first time ever. This milestone comes amid positive news about potential COVID-19 vaccines and hopes for economic recovery.

2. In other news, President-elect Joe Biden has named Janet Yellen as his pick for Treasury Secretary. Yellen, the former chair of the Federal Reserve, is expected to focus on stimulating economic growth and addressing income inequality in her new role.

3. COVID-19 cases continue to rise across the country, with hospitals in many states nearing capacity. Health officials are urging the public to follow safety guidelines and avoid large gatherings during the upcoming holiday season to prevent further spread of the virus.

4. The United Nations released a report today warning that the world is not on track to meet its climate goals. The report highlights the urgent need for countries to take decisive action to reduce greenhouse gas emissions and limit global warming to avoid catastrophic consequences.

5. In tech news, Apple announced the launch of its first-ever over-ear headphones, the AirPods Max. Priced at $549, the headphones feature high-fidelity audio, noise cancellation, and a sleek design. Pre-orders are now available with shipping expected to begin next week.

Read more: Bentley CEO: Tariff uncertainty remains despite UK deal. Plus: A new gas-powered car.