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BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15. The announcement comes amid a price war in China's highly competitive electric car market that's forced Tesla to cut prices. Nio said the first Onvo model, the L60, will be a "family-centric smart BEV priced around RMB 250,000, in the same segment as Tesla Model Y." Nio delivered 15,620 electric cars in April, up from 11,866 cars the prior month. The company sells cars to Europe, but didn't specify whether Onvo would be available outside China.
Persons: Nio, Tesla, BEV, William Li, Onvo, Le Organizations: Tesla, CNBC Locations: BEIJING, Europe, China
Read previewI remember when the Mediterranean diet first became one of the hottest fads in the nutrition community — all of a sudden, my Greek salads looked super appetizing to my college roommates. Now, it's been named the healthiest diet in the world for the seventh year in a row. The condiment is a Mediterranean-diet staple and an easy swap for just about any sauce. Hanasch/ShuttershockJust because you're following a Mediterranean diet doesn't mean you can't enjoy dessert. AdvertisementYou don't need to cut out dairy to enjoy the Mediterranean dietAlthough some may say the Mediterranean diet limits cheese and dairy, my family would beg to differ.
Persons: , it's, you'd, Krzysztof Slusarczyk, creamer Organizations: Service, Business Locations: Greece, Mediterranean, tangier
Cham ended up writing one of the first checks to Weights & Biases after he was convinced Biewald fulfilled his lofty criteria for backing founders. "I am looking for people who are trying to make a dent in the universe," Cham said. Instead of asking founders how they plan to make that dent, Cham prefers to spend lots of time observing them to see what makes them tick. Cham began making his own dent in the world after majoring in computer science at Harvard and becoming a consultant at Accenture. "The reality that the money that we make goes towards Bloomberg Philanthropies is something founders oftentimes find appealing," Cham said.
Persons: James Cham, Lukas Biewald, Cham, Biewald, Jeff Lawson, It's, Bloomberg Philanthropies, who've, James, Shreya Rajpal, who's, Rajpal Organizations: Bloomberg Beta, Business, Harvard, Accenture, Massachusetts Institute of Technology, Bessemer Venture Partners, Trinity Ventures, Bloomberg
Twenty-four hours before the Met Gala, a starkly different sort of gala occurred in Brooklyn at the Bell House, a concert venue that sits on a lonesome industrial street near the Gowanus Canal. It was the second annual Debt Gala, which bills itself as a D.I.Y. alternative to the lavish spring benefit in Manhattan, which raises hundreds of millions each year for the Metropolitan Museum of Art Costume Institute. The theme, “Sleeping Baddies: Slumber Party,” was a parody of this year’s Met ball theme, “Sleeping Beauties: Reawakening Fashion.” Many of the participants at the Bell House wore bathrobes, pajamas and fuzzy slippers, along with sleep masks, travel pillows and other slumber-centric accessories.
Persons: Organizations: Bell, Metropolitan Museum of Art Costume Institute Locations: Brooklyn, Gowanus, Manhattan
The space rock, known as 2016 HO3, is a rare quasi-satellite — a type of near-Earth asteroid that orbits the sun but sticks close to our planet. Astronomers first discovered it in 2016 using the Pan-STARRS telescope, or Panoramic Survey Telescope and Rapid Response System, in Hawaii. Scientists call the asteroid Kamo’oalewa, a name derived from a Hawaiian creation chant that alludes to an offspring traveling on its own. Kamo’oalewa specimen: A connecting puzzle pieceStudying crater impacts on the moon can also help scientists better understand the consequences of asteroid impacts should a space rock pose a threat to Earth in the future. There’s no other place, no other planet in our solar system with a moon like our moon.
Persons: they’ve, Giordano Bruno, Yifei Jiao, , Erik Asphaug, Kamo’oalewa, “ You’d, Asphaug, ” Jiao, ” Asphaug, Renu Malhotra, China’s, Patrick Michel, Noah Petro, Artemis III, Petro, , ” Petro, “ It’s Organizations: CNN, Survey Telescope, University of Arizona’s, Laboratory, Tsinghua University, University of, London, NASA, Arizona State University, University of Arizona, National Centre for Scientific Research, Reconnaissance, Artemis Locations: Hawaii, Beijing, , France
Answering that question assumes understanding why we use the S & P 500 in the first place. While the Dow heavily favors industrial businesses — steel, chemicals, autos, oil and gas — the S & P 500 offers a more diverse representation. Also, the S & P 500 index is weighted by market value, which makes sense to professional investors. While certainly not a proxy for the S & P 500, it provides more exposure to other industries and stocks. As shown below, the equal-weighted S & P 500 has slightly outperformed the S & P 500 over the past 20 years.
Persons: I've, Gamble, Karen Firestone Organizations: Dow Jones, Dow, Apple, Procter, Microsoft, Nasdaq, Bloomberg, Goldman, Commodities, Asset Management
At the end of March, a federal judge sided with Kim, blocking Democrats from using the so-called "county line" system in the state's upcoming June primaries. That's set to bring a stark change to the way ballots look — and potentially, a total overhaul in the state's political culture. AdvertisementHere's what to know about the "county line" and why it may be going away for good. A 2020 Democratic primary ballot in Mercer County, New Jersey. "I think you'll see a more candidate-centric politics," said Jersey City Councilman James Solomon, a longtime opponent of the county-line system.
Persons: , Andy Kim, Kim, That's, Kim et, Hanlon, Sen, Bernie Sanders, Joe Biden, Hanlon et al, Bob Menendez's, Democratic Sen, Bob Menendez, Menendez, Spencer Platt, Tammy Murphy, Phil Murphy, Zahid Quraishi, Tom Williams, Murphy, Rob Menendez —, Ravi Bhalla, James Solomon, They've, they've Organizations: Democratic, Service, Garden State, New York City, Getty, Democratic Gov, Jersey City Locations: New Jersey, Nevada and Delaware, Salem, Sussex, Mercer County , New Jersey, Hanlon et, New York, Hoboken, Jersey
Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness. Meredith Tabbone spent roughly $475,000 on her dream home in Sambuca di Sicilia. She also bought the building next door and spent the next four years managing a local crew on the massive renovation. In all, Tabbone spent roughly $475,000 on her Italian dream home.
Persons: Meredith Tabbone, Tabbone, Sambuca di Sicilia, Mickey Todiwala, I've, She's, she's Organizations: Sambuca, CNBC Locations: Italy, Chicago, Sicilia, Sambuca, America, Sambuca di, U.S, Sicily
I lived in New York for most of my life and last year I decided to move to South Dakota. This is how I ended up in the flyover Midwest part of the country — South Dakota — and I love it. South Dakota is beautifully different. I miss living near waterFor all the great things South Dakota offers, large bodies of water are not on that list. AdvertisementThere are some hidden gems in South Dakota as well, but they are nothing compared to what you can find in the New York City area.
Persons: Organizations: Service, New Locations: New York, South Dakota, York, Dakota, Missouri, Minnesota, East Coast, New York City, backyards
One told CNN he heard the first large burst of shooting come from where US Marines were standing, near the blast site. This is significantly more than the three “near simultaneous” bursts of gunfire that the Pentagon investigations have claimed occurred. The Supplemental Review found no new evidence of a complex attack, and uncovered no new assertions of outgoing fire post-blast. “They were targeting people,” another, Nazir, 16, told CNN. CNN spoke with about ten Marines anonymously, many of whom described hearing gunfire and feeling under attack from it.
Persons: Hamid, Akhter Gulfam, , Wakil Koshar, Robert Maher, Sarah Morris, Morris, Maher, Rob Lodewick, , , ” Shogofa Hamidi, Morsal, Nazir, ” Noorullah Zakhel, Read, Sayeed Ahmadi, ” Ahmadi, Ahmadi, Lodewick, Marcus Yam, CNN's Nick Paton Walsh, “ You’ve, they’ve, It’s, Taylor Crul, Romel Finley, Finley, Barber, , ” Finley, Christian Sanchez, Sanchez, Staff Mark Milley, Kenneth “ Frank ” McKenzie, Darrell Issa, Nick Paton Walsh, Sandi Sidhu, Julia Hollingsworth, Masoud Popalzai, Sitara Zamani, Abdul Basir Bina, Katie Polglase, Gianluca Mezzofiore Organizations: CNN, United, Pentagon, US, Airport, NATO, US Army Central Command, Getty, Montana State University, University of Southampton, Marines, British Ministry of Defense, U.S . Central Command, AP CNN, , Los Angeles Times, Marine, ” Marines, Navy, US Air Force, . Air Force, Reuters, US Marines, YouTube, Investigators, Joint Chiefs, Staff, Central Command Locations: Kabul, Afghanistan, United States, airport’s, American, British, AFP, Bozeman, England, US, Kabul airport's, U.S, Finland,
Monday's analyst calls included a price target cut for one of the biggest tech companies in the world and Goldman Sachs getting bullish on an e-commerce giant ahead of earnings. Morgan Stanley cut its price target on Apple to $210 from $220, citing the potential for disappointing fiscal third-quarter guidance. 6:50 a.m.: Morgan Stanley remains bullish on Nvidia even after chipmaker's sell-off The recent slump in artificial intelligence-related stocks hasn't steered Morgan Stanley away from Nvidia . Sheridan kept his buy rating and $220 price target on Amazon, which is expected to post its earnings results on April 30. Analyst Erik Woodring reiterated his overweight rating on the tech giant but cut his price target to $210 from $220.
Persons: Goldman Sachs, Morgan Stanley, Goldman, Joseph Moore, Moore, — Pia Singh, shouldn't, Wamsi Mohan, Mohan, Benjamin Swinburne, Swinburne, Eric Sheridan, Sheridan, Erik Woodring, Woodring, Fred Imbert Organizations: CNBC, Apple, Nvidia, NVIDIA, Bank of America, Spotify, Amazon, Services Locations: North America
These are the ten smartest cities in the world, according to IMD. This year's index was produced by the IMD World Competitiveness Center's Smart City Observatory in collaboration with the World Smart Sustainable Cities Organization (WeGO) that's based in Seoul, South Korea. Smart cities in Europe and Asia are gaining ground globally while North American cities have fallen down the ranks, according to the 2024 Smart City Index released April. Here are the top 10 smart cities, according to the 2024 Smart City Index. While European cities dominated the list, Asian cities are gaining ground too.
Persons: Bruno Lanvin, Lanvin Organizations: IMD, Smart, Smart Sustainable Cities Organization, United Arab Emirates, Washington DC, San, U.S, Boston, CNBC Locations: Seoul, South Korea, Europe, Smart, Asia, Zurich, Switzerland Oslo, Norway Canberra, Australia Geneva, Switzerland Singapore Copenhagen, Denmark Lausanne, Switzerland London, England Helsinki, Finland Abu Dhabi, Denver, Los Angeles, San Francisco, New York City, Chicago, Singapore, Beijing, Taipei City, Shanghai
Street safety advocates say fire officials' focus on speed is making roads more dangerous. Many of the city's residents want to take action to make their streets safer. In March, LA voted overwhelmingly for a street safety policy that will finally enforce a nearly decade-old mobility plan to make the city's streets safer for non-drivers. Fire departments across the country have for decades opposed safer street design. He said fire departments can be convinced to support safer street design if they're heavily engaged by planners.
Persons: , we're, didn't, Michael Schneider, isn't, Schneider, Johns Hopkins, aren't, what's, Patrick Siegman, Kazuhiro Nogi, Siegman, Andy Boenau, Dan Burden, they're, Burden, Dan Organizations: Service, LA, Vehicles, Business, LA ., Code, Getty, San Francisco, Supervisors, National Fire Protection Locations: Angeles, Los Angeles, America, LA, Texas, Osaka, Japan, Paris, France, American, Tokyo, AFP, Baltimore, California
David Maughan, 32, moved from Richmond, Virginia, to Oakland Park, Florida, last year. As a progressive, Maughan said he was nervous about Florida's culture war politics. Everyone says the weather in Florida is great, but they don't realize that Florida is hot hot. David Maughan and his boyfriend Brandon were long-distance for three years before David moved to Florida in August 2023. David Maughan said he's been able to make friends in the Florida LGBTQ community by joining an adult sports league.
Persons: David Maughan, Maughan, he's, , David, Brandon, Richmond, I'm, They've, it's, I've, disenfranchisement, hasn't, David Maughan Florida, We've, It's, He's Organizations: Service, Sunshine State, Business, Democrat, Democratic, Oakland Park, Broward Young Democrats, Sunshine Locations: Richmond , Virginia, Oakland Park , Florida, Florida, South Florida, Central Pennsylvania, Virginia, Richmond, Oakland, Fort Lauderdale, Broward County, Wilton Manors
Read previewFour months into 2024, Sarah J. Maas is having quite the year. Circana, which tracks book sales, also reported that it's currently the bestselling novel of 2024. Weiss Eubanks/NBCUniversal via Getty ImagesForbes reported on Wednesday that Maas has sold 3.1 million copies of her books in 2024, making her the bestselling author of the year so far. Likewise, Forbes reported that Circana data shows nine of the 10 bestselling books sold in March fell into either the romance or fantasy genres. Publisher's Weekly reported sales of Maas' books increased 86% in the 2022 fiscal year — the same period TikTok experienced massive growth.
Persons: , Sarah J, Maas, it's, Weiss Eubanks, Getty Images Forbes, Circana, Rebecca Yarros, Yarros, Carissa Broadbent, Jennifer L, Forbes, Bloomsbury TikTok Organizations: Service, Business, The New York Times, Publisher's, Bloomsbury, Getty Images, Wings, New York Times Locations: Tor
Naghibi envisions community bank branches with fewer employees and more AI. The bank is also exploring the use of generative AI in software engineering, customer service and ways to boost employee productivity. "Effectively, a small bank's branch will be a wall of screens," he said. But bankers like Naghibi believe AI will allow small banks to become more involved in their communities, and in effect, more human. As a community bank, that is where the edge is."
Persons: Wells Fargo, it's, Christopher Naghibi, Naghibi, Naghibi isn't, Jamie Dimon, JPMorgan Chase, Dimon, Jackie Verkuyl, Slaven Bilac, Smart, Chase, Wells, Bilac, Ken Tumin, Banks, homebuyer, Mickey Marshall Organizations: Foundation Bank, JPMorgan, Security, Community Bank, Independent Community Banking Association Locations: Irvine , California, Stockton , California, San Francisco
But the impression that Simpson’s all-consuming trial had on shaping the modern media environment cannot be overstated. Simpson’s trial gave way to a media landscape dominated by salacious reality television and talking head-driven cable news. It’s difficult to imagine Trump being elected to the White House without the three-legged stool that Simpson’s trial played a crucial role in building. Reality TV had started earlier, but after Simpson there was a massive profusion of ‘Reality TV,’” Socolow said in an email. “That’s how ‘The Apprentice’ gave Donald Trump a comeback in American culture, and he rode his reality TV stardom to the White House.”
Persons: New York CNN — O.J, Simpson, Donald Trump, Nicole Brown Simpson, Ronald Goldman, Simpson’s, Jeffrey Toobin, Nancy Grace, Greta Van Susteren, Dan Abrams, Harvey Levin, Gregg Jarrett, Al Cowlings, Allen J, Lance Ito’s, Robert Kardashian, Kardashian, Peter Jennings, Tom Brokaw, Andy Lack, , Michael Socolow, Rupert Murdoch, Socolow, , Ted Turner, Murdoch, Trump, “ Simpson, ” Socolow Organizations: New York CNN, National Football League, Patrol, Bronco, Los Angeles Times, CNN, Court TV, The New York Times, NBC, University of Maine Communications, Fox, Fox News, TV Locations: New York, Los Angeles, California, Brentwood, The, Australian
Traders work on the floor of the New York Stock Exchange (NYSE) on April 10, 2024 in New York City. U.S. stock futures flickered near the flatline on Thursday night as traders looked ahead to the release of corporate earnings from major U.S. banks. S&P 500 futures and Nasdaq 100 futures were little changed. The muted action follows a sharp rebound for the S&P 500 and the Nasdaq Composite as tech shares led a comeback from Wednesday's inflation-fueled sell-off. On Thursday, Nasdaq gained 1.68% to close at a record, while the S&P 500 gained 0.74%.
Persons: Dow, Apple, Thomas Martin Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Bloomberg News, Apple, Nvidia, Globalt Investments, CNBC, JPMorgan Chase, Citigroup Locations: New York City, U.S, Wells Fargo, BlackRock
That blank-check company last month completed a merger to take Trump Media & Technology Group Corp. public, allowing it to trade on the Nasdaq. Those co-founders have sued Trump Media in Delaware Chancery Court over their stake in the company. Trump Media did not immediately respond to CNBC's requests for comment on the lawsuit. Trump Media in an April 1 regulatory filing reported that ARC II owns 6.9%, or about 9.5 million shares, of the post-merger company. To access the account, which "stores the lifeblood" of both investment firms, Swider allegedly enlisted Cano, Orlando's former assistant.
Persons: Donald Trump, Stefani Reynolds, Donald Trump's, Eric Swider, Patrick Orlando, Swider, Orlando, Alexander Cano, DWAC's, he's, Cano, Orlando's, Brendan Mcdermid Organizations: AFP, Getty Images Investment, Benessere Investment Group, ARC Global Investments, Digital, Swider, Trump Media & Technology Group Corp, Nasdaq, Trump, DWAC, Securities and Exchange Commission, Trump Media, Wired, Orlando, collude, ARC II, ARC, Benessere, Truth Social, Trump Media & Technology Group Locations: Washington ,, South Florida, Orlando, Florida, Delaware Chancery, New York City, U.S
CNN —Monday’s total solar eclipse, one of the most highly anticipated events of 2024, has come and gone. But the next total solar eclipse won’t occur until August 12, 2026, said Amir Caspi, a principal scientist at the Southwest Research Institute in Boulder, Colorado. The next total eclipse in the USThe US won’t catch a glimpse of a total solar eclipse again until March 30, 2033, and even then the Russia-centric path includes only Alaska, with totality lasting 2 minutes and 37 seconds. A partial solar eclipse will shine over most of the country during that celestial event. The next total solar eclipse with a coast-to-coast path spanning the Lower 48 states will occur on August 12, 2045.
Persons: it’s, Amir Caspi, Caspi Organizations: CNN, NASA, Southwest Research, New Zealand, Democratic Locations: Chile, Argentina, South America, Boulder , Colorado, Greenland, Iceland, Spain, Russia, Portugal, Europe, Africa, North America, Alaska, North Dakota, Montana, California , Nevada , Utah , Colorado , Kansas , Oklahoma , Arkansas , Mississippi, Alabama, Florida, Australia, New, Namibia, Botswana, South Africa, Lesotho, Nigeria, Cameroon, Chad, Sudan, Egypt, Saudi Arabia, Iran, Afghanistan, Pakistan, India, China, North, South Korea, Japan, Angola, Democratic Republic of Congo, Uganda, Kenya, Somalia, Malaysia, Indonesia, Brunei, Philippines
Denver Beer Co. Courtesy: Denver Beer Co. Alcohol-free beverage options have skyrocketed over the past few years, and that trend has especially picked up in the form of nonalcoholic beer in Denver, an epicenter for craft breweries. Courtesy: Ceria Brewing CompanyDenver's beer sceneFood trend expert Kara Nielsen said that because Denver is such a beer-centric city, the rise of nonalcoholic beer and spirits fits with the city's narrative. But then, he said, nonalcoholic and alcohol-free beer became trendy, attracting more mainstream customers.
Persons: Technomic, Keith Villa, Villa, Jodi, Keith, Jodi Villa, Kara Nielsen, Nielsen, It's, Niki Sawni, Sawni, he's, hasn't, Niki, Anika Sawni Organizations: Denver Beer, Denver Beer Co, Anheuser, Busch, Ceria Brewing Company, CNBC, Ceria Brewing, Grüvi Locations: Denver, Rocky, Technomic, NielsenIQ, Colorado
Now that I'm a broke, jobless graduate, I feel lonelier than ever without my Spelman sisterhood by my side. AdvertisementI'm feeling much lonelier now that I'm a graduateIt's been almost a year since I left Spelman with my degree, honors, and accomplishments. I cheer my college friends on from behind my phone screen and wish I were there with them, sharing in their celebrations like before. I'm trying to find happiness in my post-grad lifeI don't want my peak to be college, so I've looked to other avenues for community. So, for now, I'll stick to crocheting little lemon pouches and granny squares, hoping I can see my college friends again soon.
Persons: I'd, Spelman, we'd, Isley, COVID, could've, It's, I'm, I've, wasn't Organizations: Service, Spelman College, Business, Spelman Locations: Atlanta
John-Robert Rodríguez moved to Culdesac, a car-free community in Arizona, in October 2023. AdvertisementThis as-told-to essay is based on a conversation with John-Robert Rodríguez, 24, a teacher in Tempe, Arizona, who lives in the car-free community Culdesac. Of course, it's different because now I'm car-free, but I imagine growing up in Tempe or in the Phoenix area, having the light rail and having buses is an option for you. I'm going to be completely car-free. AdvertisementEven the phrase "car-free" implies that cars are the default, and it's a dependency that we have.
Persons: John, Robert Rodríguez, He's, , Rodríguez, he's, It's, Culdesac, I've, We're, I'm Organizations: Service, Culdesac, Texas, Arizona State University, . Locations: Culdesac, Arizona, Tempe , Arizona, Pflugerville , Texas, Florida, Texas, South Florida, Tempe, Phoenix, Venice, Florence, South Tempe
In the sprawling world of Black pop culture podcasts, its own media ecosystem covering the story lines and people central to the hip-hop genre, the one topic that dominated conversation this week was, unsurprisingly, the latest in the saga of Sean Combs. On Monday, federal agents raided the Los Angeles and Miami homes of Combs, the hip-hop mogul who has been accused in several civil lawsuits of sexual assault. The news spurred days of freewheeling and varied reactions from radio personalities and podcast hosts whose discourse veered toward humor, speculation and denial, far from the tone struck by traditional news outlets. Jessica Moore, known as “Jess Hilarious,” implied that the federal action was reminiscent of a television show. The third host, DJ Envy, agreed, and said the authorities acted like “they were going for the mob.”
Persons: Sean Combs, Mase, , God, Jessica Moore, Jess, DJ Envy Organizations: Bad Locations: Los Angeles, Miami, Combs
A year later, it was shortlisted for the James Beard Foundation’s award for the best new restaurant in America. It’s where we eat lunch before visiting museums on the Mall, where we grab a bite before a show. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Thank you for your patience while we verify access.
Persons: Turkish mezze, James Beard Foundation’s Organizations: The Locations: Turkish, America, Washington
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