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☆ Ivan F. Boesky, Rogue Trader in 1980s Wall Street Scandal, Dies at 87
▼ + stars: | 2024-05-20 | by ( Leslie Wayne | ) www.nytimes.com time to read: +1 min

Ivan F. Boesky, the brash financier who came to symbolize Wall Street greed as a central figure of the 1980s insider trading scandals, and who went to prison for his misdeeds, died on Monday at his home in the La Jolla neighborhood of San Diego. His daughter Marianne Boesky said he died in his sleep. An inspiration for the character Gordon Gekko in Oliver Stone’s movie “Wall Street” and its sequel, Mr. Boesky made a fortune betting on stock tips, often passed to him illegally in exchange for suitcases of cash. As federal investigators closed in on Mr. Boesky, he agreed to cooperate, providing information that led to the downfall of the investment bank Drexel Burnham Lambert and its junk bond king, Michael Milken. Mr. Boesky brought an aggressive style to the once-sleepy world of arbitrage, the buying and selling of stocks in companies that appear to be takeover targets.

Persons: Ivan F, Marianne Boesky, Gordon Gekko, Oliver Stone’s, Boesky, Drexel Burnham Lambert, Michael Milken Organizations: Drexel Locations: La Jolla, San Diego

☆ Video: CNN reporter details transition of power in Iran following fatal crash
▼ + stars: | 2024-05-19 | by ( Ivan Watson | ) edition.cnn.com time to read: 1 min

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☆ Chile: Coldest May since 1950 grips capital region
▼ + stars: | 2024-05-18 | by ( David Shortell | ) edition.cnn.com time to read: +3 min

Santiago, Chile CNN —Bundled-up mannequins stand in the storefronts on the main shopping avenues off Santiago’s central Plaza de Armas. Thursday marked the coldest day of the year so far, with one weather station notching a frosty 30 degrees. A customer wearing a puffer jacket stands in front of a kiosk in Santiago, Chile, Friday, May 17, 2024. Esteban Felix/APA drone view shows San Cristobal hill during a season of low temperatures in Santiago, Chile, May 15, 2024. “It has natural protein and in this cold weather it gives you calories,” Salas, a nurse, said.

Persons: Chile CNN —, Angélica, ”, Rosita Moya, parka, “, Guzáman, We’ve, Esteban Felix, Ivan Alvarado, Diamira Salas sipped, ” Salas, Nancy Mujica, Tisla Organizations: Chile CNN, de Armas, Chilean Meteorologic Directorate, CNN, Authorities, Reuters, Bellas Artes Locations: Santiago, Chile, Santiago , Chile, Cristobal, La Vega, Bellas, Santo

☆ Georgia’s President Vetoes Foreign Influence Law
▼ + stars: | 2024-05-18 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

President Salome Zourabichvili of Georgia said on Saturday that she had vetoed a bill on foreign influence that has sparked protests and plunged the nation into a political crisis, threatening to derail its pro-European aspirations in favor of closer ties with Russia. Georgia’s Parliament, which passed the draft law in three readings, is widely expected to override the veto. The ruling Georgian Dream party, which introduced the proposed legislation, can turn it into law as early as May 28, when the Parliament will be in session again. Mrs. Zourabichvili called her veto “symbolic,” but it still represented another step in the political conflict between the country’s pro-Western opposition, which Mrs. Zourabichvili supports, and the Georgian Dream party, which has been in power since 2012. The crisis has highlighted the highly polarized nature of Georgia’s political life.

Persons: Salome Zourabichvili, Zourabichvili Locations: Georgia, Russia, Georgia’s, Georgian

☆ In Talks With Putin, Xi Hails ‘Powerful Driving Force’ of Cooperation
▼ + stars: | 2024-05-16 | by ( David Pierson | Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

Mr. Putin, whose economy remains largely isolated because of Western sanctions over his invasion of Ukraine, relies on Mr. Xi, China’s leader, for diplomatic cover and a financial lifeline, including huge purchases of Russian oil. But Mr. Putin will need more help to sustain his war machine, especially now as his military makes a push near Kharkiv, Ukraine’s second-largest city, before billions of dollars’ worth of arms arrives from the United States to shore up Ukraine’s depleted forces. In Beijing, Mr. Putin sought to show that Moscow was deepening its ties with Beijing as a bulwark against Western attempts to contain their countries. “We are working in solidarity on the formulation of a more just and democratic multipolar world order,” he said. He also said the leaders discussed working more closely in energy and nuclear power research, though made no mention of a proposed natural gas pipeline to China that Moscow would like to see built.

Persons: Vladimir V, Putin of, ” Xi, Mr, Putin, Xi, ” Organizations: Russian Locations: Ukraine, Putin of Russia, Beijing, Kharkiv, Ukraine’s, United States, Moscow, China

☆ Georgia’s Parliament Gives Final Approval to ‘Foreign Agents’ Measure
▼ + stars: | 2024-05-14 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

The Parliament of Georgia gave final approval on Tuesday to a contentious bill that has prompted a series of tense protests in the capital, Tbilisi, spurred by fears that the legislation could push the country back into the Kremlin’s orbit. President Salome Zourabichvili has promised to veto the bill. But Georgian Dream, the governing party in Georgia since 2012, has enough votes to override her veto. Georgia’s justice ministry would be given broad powers to monitor compliance. Violations would incur fines equivalent to more than $9,300.

Persons: Salome Zourabichvili Locations: Georgia, Tbilisi, Caucasus

☆ ‘Civil War’ sends a message that’s more dangerous than the violence it depicts onscreen
▼ + stars: | 2024-05-12 | by ( John Blake | ) edition.cnn.com time to read: +15 min

In “Civil War,” tanks trample democracy. But the messages they send may be more dangerous than the violence depicted onscreen: The collapse of democracy is inevitable. In the film, Humphrey Bogart plays Rick, the cynical owner of a Moroccan nightclub at the onset of World War II. John Springer Collection/Corbis Historical/Getty ImagesOther World War II-era films like “Don’t be a Sucker,” which emphasized racial and religious tolerance in America, emphasized the same message. The box office success of “Civil War” ensures, though, that more “American carnage” stories are likely headed our way .

Persons: Yuval Noah Harari, Harari, Volodymyr Zelensky, ”, Alex Garland’s “, Donald Trump, Casablanca ’, Humphrey Bogart, Rick, “ We’ll, Dooley Wilson, Ingrid Bergman, Everett, Rick —, Adolf Hitler’s, Democracy’s, Cristóbal, Berry, “, Frank Capra, Frank Sinatra, Sinatra, ” Frank Sinatra, John Springer, Kermit Roosevelt III, Roosevelt, ” Roosevelt, Reagan, Obama, Ronald Reagan, Barack Obama —, Diana Walker, ” Reagan, Reagan’s, Barack Obama, Chuck Kennedy, Trump, hasn’t, Walt Whitman, Whitman, ” Whitman, ” Read Whitman, ” Walt Whitman, Ian Beacock, ” Beacock, Beacock, Ivan Illich, ” Kirsten Dunst, John Blake Organizations: CNN, Casablanca, paragon, Library of Congress, Nazi, Convention, Former, Lions, Hulton, “ Locations: Russia, Ukraine, Ukrainian, Russian, America, United States, “, Casablanca, Moroccan, Adolf Hitler’s Nazi, Nazi, Charlottesville , Virginia, Vietnam, Kansas, Kenya, Denver , Colorado, Austrian, China

Night skies in many parts of the Northern Hemisphere are expected to bloom again on Saturday night with the vivid colors of the northern lights, or aurora borealis, as a powerful geomagnetic storm caused by a hyperactive sun persists through the weekend. The National Oceanic and Atmospheric Administration, which monitors space weather, said in an update on Saturday that it continued to observe solar activity that could lead to periods of “severe-extreme” geomagnetic storms. Major power utilities had largely prepared their electrical grids for the solar storm, and their customers were unaffected. For most people, the solar storm was a gift: It caused ribbons of pink, purple and green light across night skies of much of the United States, Canada and Europe. Where evening skies are clear on Saturday, the lights can be expected again.

Organizations: Northern, Atmospheric Administration Locations: United States, Canada, Europe

☆ California Will Add a Fixed Charge to Electric Bills and Reduce Rates
▼ + stars: | 2024-05-10 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

Utility regulators in California on Thursday changed how most residents will pay for energy by adding a new fixed monthly charge and lowering the rates that apply to energy use. Officials said the shift would reduce monthly bills for millions of residents and support the use of electric vehicles and appliances that run on electricity, rather than fossil fuels. The decision by the California Public Utilities Commission will apply to the rates charged by investor-owned utilities, which provide power to about 70 percent of the state. Starting next year, most customers of those companies will be required to pay a $24.15 monthly charge. California’s residential electric rates, which averaged 31.2 cents per kilowatt-hour in February, are the highest in the country after Hawaii, where rates were about 44 cents, according to the federal Energy Information Administration.

Organizations: California Public Utilities Commission, Regulators, Energy Information Administration Locations: California, Hawaii

☆ 4 flight attendants smuggled millions in drug money out of the US using the crewmember lane at JFK, prosecutors say
▼ + stars: | 2024-05-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Using this status, they could access a special security lane at John F. Kennedy International Airport without undergoing typical passenger screening procedures. Advertisement"Flight attendants are ideal for smuggling bulk cash" for this reason, a Homeland Security Investigations special agent wrote in the indictments. Related storiesThe pair believed the money was the proceeds of narcotics trafficking and needed to be transported, according to the indictment. AdvertisementHe said the investigation "exposed critical vulnerabilities in the airline security industry" and has "illuminated methods that narcotics traffickers are utilizing."

Persons: —, — Charlie Hernandez, Sarah Valerio Pujols, Emmanuel Torres, Jarol Fabio, John F, Damian Williams, Hernandez, Pujols, Torres, Fabio, HSI, Ivan J, Arvelo Organizations: Service, Business, US, Office, of, Transportation Security Administration, Kennedy, Homeland Security Investigations, Pujols, Customs, Border, JFK, Delta Airlines, NBC News, Delta Locations: New York, Dominican Republic, Southern, of New York

☆ A Week of Pomp to Project Putin’s Confidence
▼ + stars: | 2024-05-07 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

With his army on the offensive in Ukraine and all forms of dissent inside Russia firmly suppressed, President Vladimir V. Putin is set to take center stage this week at two major events that will showcase his dominance over the country’s politics and his determination to win in Ukraine. On Tuesday, Mr. Putin, 71, will formally begin his fifth term as Russia’s president in a highly choreographed inauguration ceremony in the Kremlin. On Thursday, he is to preside over the Victory Day parade in Red Square, an annual demonstration of military might that in the last two years sought to symbolically link Russia’s war in Ukraine with the Soviet victory over Nazi Germany in World War II. The Kremlin is also expected to nominate a prime minister and five key ministers, including foreign and defense, though the officials in those six posts may simply be renominated. The shape of the next Russian government will provide signals to the country’s course in the coming years.

Persons: Vladimir V, Putin Organizations: Nazi Locations: Ukraine, Russia, Kremlin, Red Square, Nazi Germany

☆ Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
▼ + stars: | 2024-05-04 | by ( Jack Ewing | Ivan Penn | ) www.nytimes.com time to read: +1 min

Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. It put the onus on other charging companies, raising questions about whether they can build fast enough to address a shortage that appears to be discouraging some people from buying electric cars. As the owner of the largest charging network in the United States, Tesla has a powerful effect on people’s views of electric cars. “There is certainly a psychological component,” said Robert Zabors, a senior partner at Roland Berger, a consulting firm. “Availability and reliability are critical to overall E.V.

Persons: Elon Musk, Tesla, Biden, ”, Robert Zabors, Roland Berger Locations: United States

Great Barrier Reef, Australia CNN —As the early-morning sun rises over the Great Barrier Reef, its light pierces the turquoise waters of a shallow lagoon, bringing more than a dozen turtles to life. CNN witnessed bleaching on the Great Barrier Reef in mid-February, on five different reefs spanning the northern and southern parts of the 2,300-kilometer (1,400-mile) ecosystem. “It’s a die-off,” said Professor Ove Hoegh-Guldberg, a climate scientist at the University of Queensland in Australia and chief scientist at The Great Barrier Reef Foundation. Our destination is Lady Elliot Island, a remote coral cay perched on top of the southern end of the Great Barrier Reef. — Lady Elliot Island Eco Resort Guano miners once stripped Lady Elliot Island of its topsoil.

Persons: Elliot Island, ”, Kate Quigley, “ We’re, Ove Hoegh, I’m, Guldberg, ‘, Elliot, Peter Gash, “, ” Gash, Lady Elliot, ” Peter Gash, CNN Gash, Derek Manzello, Peter Harrison, “ We’ve, ” Harrison, ” David Ritter, ” Ritter, David Wachenfeld Organizations: Australia CNN —, Atmospheric Administration, NOAA, CNN, Minderoo, University of Queensland, Eco, Reef Watch, Southern Cross University, Australian Institute of Marine Science, Greenpeace, Australia CNN Scientists, AIMS Locations: Australia, El, Brisbane, Queensland, Red Sea, Indonesia, Seychelles, Caribbean, Florida, “, New South Wales, Greenpeace Australia, Briggs, Elliot Island

☆ When Your Job Is 80 Miles Out at Sea, Getting There Is Half the Battle
▼ + stars: | 2024-05-03 | by ( Ivan Penn | ) www.nytimes.com time to read: 1 min

After a two-week tour, workers go home for 14 days of rest and time with family and friends whom they’ve communicated with only virtually while on the platform. They trade places with another group that flies in for the next two weeks, regardless of the calendar — including during holidays like Christmas. It’s not always easy. “You’ve got to have a strong home base,” said Todd Coulon, the offshore installation manager at Appomattox.

Persons: they’ve, It’s, You’ve, ”, Todd Coulon Locations: Appomattox

☆ Murders, imprisonment and violence: Threats to press freedom grow in Latin America
▼ + stars: | 2024-05-03 | by ( Esteban Campanela | Sol Amaya | ) edition.cnn.com time to read: +13 min

These are just the tip of the iceberg of the challenges faced by many media workers in Latin America, where experts say the status of press freedom is increasingly worrisome. The Prosecutor’s Office confirmed in a press conference that they believed the crime was linked to his journalistic work. Last week, the Mexican president criticized the US State Department’s report on human rights in the world, which refers to concerns over press freedom in Mexico, saying that US authorities should “be respectful”. In a publication in social network X, Cuban Foreign Minister Bruno Rodríguez said US officials are not concerned about the human rights of Cubans and that the United States has its own human rights violations. Nicaragua: Ortega-Murillo regime targets journalismHarassment of the press in Nicaragua has been widely reported on numerous occasions.

Persons: CNNE, Francisco Cobos, ”, Cobos, Andrés Manuel López Obrador, López Obrador, Enrique Peña Nieto, Felipe Calderón, Lourdes Maldonado López, Maldonado López, Séptimo Día, Roberto Figueroa, Xochitl Zamora, Lourdes Maldonado, Maldonado ´, Marco Ugarte, AP López Obrador, Andres Oppenheimer, Javier Milei, Lopez Obrador, Abraham Jimenez, Jimenez, civically, “, Miguel Diaz, Yamil Lage, Jiménez, Bruno Rodríguez, Ortega, Murillo, Juan Lorenzo Hollman Chamorro, Hollman Chamorro, Chamorro, Carlos Fernando Chamorro, Rosario Murillo, … provocateurs, Chávez, Vos, Chavez, ” Edgar López, López, Juan Pablo Lares, Maximiliano Bruzual, Ariana Cubillos, Nicolas, Maduro’s, Yván Gil, ” Jeannine Cruz, Gustavo Petro, Nayib Bukele, Gonzalo Zegarra, Rey Rodríguez, Manuela Castro, Ana María Cañizares, Ivonne, José Álvarez, Elvin Sandoval, Iván, Sarmenti, Español Organizations: CNN, Amnesty International, Protect Journalists, Univision, Televisa, Prosecutor’s, AP, CIA, Canel, Getty, Cuban Foreign, La Prensa, National Police, ”, El, Regional, Democracy, Nicaraguan, State Department, National College of Journalists, Venezuelan, TC Television, Communication, “ Locations: Mexico, Cuba, Venezuela, Nicaragua, Latin America, Mexican, American, Tamaulipas, McAllen , Texas, Tijuana, Morelos, Tijuana , Mexico, Spain, Cuban, Havana, AFP, United States, Costa Rica, El Confidencial, Managua, NIcaragua, Sur, Washington, Venezuelan, “, Caracas, ”, Ecuador, Guayaquil, America, Argentina, Colombian

☆ Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
▼ + stars: | 2024-05-03 | by ( Ivan Penn | More About Ivan Penn | ) www.nytimes.com time to read: +1 min

About 80 miles southeast of Louisiana’s coast, 100,000 metric tons of steel floats in the Gulf of Mexico, an emblem of the hopes of oil and gas companies. This hulk of metal, a deepwater platform called Appomattox and owned by Shell, collects the oil and gas that rigs tap from reservoirs thousands of feet below the seafloor. But oil companies like Shell are betting that the world will need oil and gas for decades to come. To serve that demand, they are expanding offshore oil and gas drilling into deeper and deeper waters, especially here in the Gulf of Mexico. Offshore production, oil executives argue, is not only crucial to power cars, trucks and power plants but also better for the planet than drilling on land.

Organizations: Shell Locations: Louisiana’s, Gulf of Mexico, Appomattox

Security forces clashed with protesters in Georgia’s capital on Wednesday night after the Eastern European nation’s Parliament advanced controversial new legislation that has ignited weeks of demonstrations. Since the governing party, Georgian Dream, pushed a bill through Parliament early last month that the pro-Western opposition believes could be used to crack down on dissent and hamper the country’s efforts to join the European Union, protesters have taken to the streets of the capital, Tbilisi, night after night. Their numbers swelled on Wednesday after Parliament approved the bill in the second of three required votes.

Organizations: European Union Locations: Georgian, Tbilisi

☆ The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what that means for your money
▼ + stars: | 2024-05-01 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

"If Americans want lower interest rates, they're going to have to do it themselves," he said. "Going forward, mortgage rates will likely continue to fluctuate and it's impossible to say for certain where they'll end up," noted Jacob Channel, senior economist at LendingTree. Auto loansEven though auto loans are fixed, payments are getting bigger because car prices have been rising along with the interest rates on new loans, resulting in less affordable monthly payments. Student loansFederal student loan rates are also fixed, so most borrowers aren't immediately affected. Interest rates for the upcoming school year will be based on an auction of 10-Year Treasury notes later this month.

Persons: Brett House, aren't, Matt Schulz, Schulz, Jacob Channel, there's, Ivan Drury, Edmunds, Drury Organizations: Columbia Business School, Treasury, Fed Locations: Edmunds

☆ PG&E Seeks Approval to Sell Stake in Its Power Operations
▼ + stars: | 2024-04-30 | by ( Ivan Penn | More About Ivan Penn | ) www.nytimes.com time to read: +1 min

Pacific Gas & Electric announced plans on Tuesday to sell a minority stake in its power-generation business, part of its strategy to reduce electricity rates, continue wildfire prevention and further develop clean energy. The exclusive deal with the global investment firm KKR is part of PG&E’s plan to transfer its nonnuclear power generation to a newly formed subsidiary, Pacific Generation. The proposals for the subsidiary and the KKR stake require approval by the California Public Utilities Commission and the Federal Energy Regulatory Commission. KKR, which manages $59 billion in assets, operates a global infrastructure business with expertise in the utility and renewable energy industry. PG&E said in a statement that the investment firm’s access to capital gave it the ability to take a long-term approach in its strategies.

Persons: ” Carolyn Burke Organizations: Gas & Electric, KKR, Pacific, California Public Utilities Commission, Federal Energy Regulatory Commission

☆ A Proposed Law Targeting ‘Foreign Interests’ in Georgia Riles the Opposition
▼ + stars: | 2024-04-30 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

For the past month, the Georgian capital of Tbilisi has been engulfed in turmoil. Protesters have taken to the streets of the city night after night. A fistfight broke out between legislators in the country’s Parliament. And over the weekend, there were clashes between police and protesters at a large demonstration in the center of the city. The government backed down on a previous attempt to pass the law last year after facing massive protests, but this time appears determined to push it through Parliament.

Persons: fistfight Organizations: European Union Locations: Tbilisi, country’s, Georgian

☆ Russia to introduce drone training classes for schoolchildren in occupied areas of Ukraine, reports say
▼ + stars: | 2024-04-28 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Russia plans to introduce drone training sessions in schools in occupied parts of Ukraine, reports say. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia will introduce drone training sessions to schools in occupied areas of Ukraine from September, Ivan Fedorov, the Head of Zaporizhzhia Regional Military Administration, has said. This story is available exclusively to Business Insider subscribers.

Persons: —, Ivan Fedorov Organizations: Service, Zaporizhzhia, Administration, Business Locations: Russia, Ukraine, Ukrainian

☆ Russian oil refinery partially suspends operations after drone attack, as thermal energy plants are damaged in Ukraine
▼ + stars: | 2024-04-27 | by ( Lauren Said-Moorhouse | Olga Voitovych | ) edition.cnn.com time to read: +4 min

CNN —A Russian oil refinery in the southern Krasnodar region was impacted by a suspected Ukrainian drone attack on Saturday, according to local officials. Meanwhile in Ukraine, four thermal energy plants were “severely damaged” after Russian attacks overnight, according to a statement from DTEK, Ukraine’s largest private energy company. DTEK said that its thermal power plants have been attacked more than 170 times since the beginning of the war. A video surfaced online showing the head of the Belarusian KGB security service alleging the two medical facilities were housing soldiers. Videos shared online showed medical personnel hurrying to move patients and equipment to ambulances that were awaiting to receive them.

Persons: Veniamin Kondratyev, Eduard Trudnev, Trudnev, ”, Kondratyev, Herman Halushchenko, Halushchenko, Serhii Lysak, Lysak, ” Svitlana Onyshchuk, DTEK, Mykola Oleshchuk, Ivan Tertel, Vitali Klitschko, hurrying, Klitschko Organizations: CNN, Regional, Kyiv, TASS, Slavyansk ECO Group, Russia’s Ministry of Defense, Ukraine’s Energy, Facebook, Frankivsk, Ivano, Ukrainian Air Force, Ukraine, Hospitals, Belarusian KGB, ”, Security Service of Ukraine Locations: Krasnodar, Ukrainian, Slavyansk, Kuban, Krasnodar Krai, Russia’s, Ukraine, DTEK, Dnipropetrovsk, Ivano, Lviv, Dnipro, Kryvyi, Rih, ”, Russia, Belarus, Belarusian, Kyiv, “

☆ Key Solar Panel Ingredient Is Made in the U.S.A. Again
▼ + stars: | 2024-04-25 | by ( Ivan Penn | ) www.nytimes.com time to read: +1 min

A factory in Moses Lake, Wash., that shut down in 2019 will soon resume shipping a critical ingredient used in most solar panels that for years has been made almost exclusively in China. REC Silicon reopened the factory, which makes polysilicon, the building block for the large majority of solar panels, in November in partnership with Hanwha Qcells, a South Korean company that is investing billions of dollars in U.S. solar panel production. As part of the deal, Hanwha this month said it has become the largest shareholder in REC Silicon, which is based in Norway. Executives at the companies say they reopened the factory in part because of incentives for domestic manufacturing in the Inflation Reduction Act, President Biden’s signature climate law. They expressed hope that their decision would also encourage other companies to revive production of a technology that was created in the United States about 70 years ago.

Persons: Hanwha Qcells Organizations: REC, South Locations: Moses Lake, China, Southeast Asia, South Korean, Norway, United States

☆ Buick, GM’s low-key pseudo-luxury brand, is suddenly hot
▼ + stars: | 2024-04-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

In the 21st Century, though, Buick, which celebrates its 125th anniversary this year, has been a quiet spot in GM’s North American brand strategy. Last year, Buick sales rose more than 60% in the US compared to 2022. The Buick Envista introduced last summer is, essentially, a modified version of the well-received Chevrolet Trax, GM’s cheapest crossover SUV. The 1938 Buick Y Job is generally considered the auto industry's first "concept car." Last year, Avenir models, which get some fancier interior materials, more features, and distinctive paint colors, made up almost a third of Buick sales, the highest levels yet, Aldred said.

Persons: Louis Chevrolet, “, it’s, ”, Ivan Drury, Jason Barlow, Envista, Bob Boniface ,, Duncan Aldred, Drury, It’s, Buick, that’s, Aldred Organizations: CNN, Buick, GM, Riviera, Chevrolet Trax, GMC, Chevy, Cox Automotive, Cadillac, General Motors, Liverpool Locations: GM’s, China, the, America, Europe

☆ TikTok collects information even on nonusers, says Feroot's Ivan Tsarynny
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok collects information even on nonusers, says Feroot's Ivan TsarynnyIvan Tsarynny, Feroot Security CEO, joins 'Power Lunch' to discuss Biden signing the aid bill which included a TikTok ban and what it means for the social media app.

Persons: Ivan Tsarynny Ivan Tsarynny Organizations: Feroot, Biden

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