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☆ Earth Photo 2024: Striking images show how our planet is changing
▼ + stars: | 2024-06-18 | by ( Nell Lewis | ) edition.cnn.com time to read: +3 min

Editor’s Note: Call to Earth is a CNN editorial series committed to reporting on the environmental challenges facing our planet, together with the solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. CNN —A photograph of a solitary man walking along terraces in China, rust-red rivers in Alaska and a gargantuan western red cedar are among the winning images of the Earth Photo 2024 competition. More than 1,900 images and videos were submitted to this year’s competition by photographers and filmmakers from all over the world. “Bringing us closer to landscapes, wildlife and communities from across the planet in this way sparks new conversations and reflections.

Persons: –, Parker Harris –, Jean, Marc Caimi, Valentina Piccinni, ”, Francesco Verri, ” Louise Fedotov, Clements, “, Jennifer Adler’s, Marc Lathuillière, Mike Seddon, Fedotov Organizations: CNN, Initiative, Forestry England, Royal Geographic Society, Geographical Society, Photoworks, Forestry Locations: China, Alaska, Jean, Colombia, Forestry England

☆ Electric SUV maker Fisker files for bankruptcy
▼ + stars: | 2024-06-18 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Fisker, a US electric vehicle startup, said Tuesday it had filed for bankruptcy. Fisker added then that it was in discussions with an existing investor about possibly putting more money into the company. Its sole product is the Fisker Ocean electric SUV. The Ocean was also the subject of a review that month by American YouTuber Marques Brownlee titled, “This is the Worst Car I’ve Ever Reviewed.”“Do not buy this version of the Fisker Ocean,” reads the video’s description. Fisker filed for bankruptcy Monday, choosing the common Chapter 11 route, which allows companies to try to resolve their financial problems through reorganization.

Persons: London CNN —, Fisker, American YouTuber Marques Brownlee, ”, Henrik Fisker, BYD, Tesla Organizations: London CNN, Automotive News, Hyundai, Kia, Ford, General Motors, International Energy Agency Locations: American, EVs, United States, Europe, “

☆ Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi
▼ + stars: | 2024-06-18 | by ( Riley De León | ) www.cnbc.com time to read: +3 min

Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi's latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital arm of Volvo. Using generative AI, Waabi has built a single AI system that is capable of reasoning, just as humans do, and that can come up with problems human minds couldn't conceptualize. The new investor round brings Waabi's total funding to $280 million since being founded in 2021. "This funding round gives us everything we need, both financially and strategically, to launch fully driverless trucks and accelerate our growth in 2025," Urtasun said.

Persons: Waabi, couldn't, Raquel Urtasun, Jensen Huang, Urtasun Organizations: Uber, Khosla Ventures, Nvidia, Porsche, Volvo, Uber Freight, U.S, Trucking, CNBC Locations: Toronto, Dallas, Houston, Texas, U.S, Waabi

☆ EV startup Fisker files for bankruptcy, aims to sell assets
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +2 min

Fisker CEO Henrik Fisker introduces the all-electric off-road Ocean called the Force E during its inaugural "Product Vision Day" in Huntington Beach, California, on August 3, 2023. U.S. electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday, looking to sell its assets and restructure its debt, after succumbing to rapid cash burn to deliver its "Ocean" SUVs in the United States and Europe. "Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently," Fisker said in a statement early on Tuesday. The company's operating unit, Fisker Group Inc., filed for Chapter 11 bankruptcy in Delaware, listing estimated assets of $500 million to $1 billion and liabilities of $100 million to $500 million. Fisker made over 10,000 vehicles in 2023, less than a quarter of its forecast, but delivered only about 4,700.

Persons: Henrik Fisker, Fisker Organizations: Fisker, Inc, Reuters, Nissan, U.S Locations: Huntington Beach , California, United States, Europe, Delaware

☆ Planning for retirement? These stocks make 'great long-term investments,' according to the pros
▼ + stars: | 2024-06-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

But investors with a greater risk appetite or a longer runway to retirement can consider stocks. CNBC Pro asked the experts what stocks they would buy that are suited to long-term investing for retirement purposes. Dziubinski named three stocks which she says look undervalued but will make "great long-term investments" at current prices. Starbucks Dziubinski says Starbucks ' brand and pricing power have earned it a wide economic moat rating, which according to the firm refers to a company's durable competitive advantage. Wheaton Precious Metals Regal Point Capital's Marolia named Wheaton Precious Metals as a stock with long-term potential.

Persons: Susan Dziubinski, Dziubinski, Vijay Marolia, Morningstar, Marolia, it's, Wheaton, we've, we're Organizations: Morningstar, CNBC Pro, Regal Point, Consumer, Johnson, Brands, Nike Nike, Nike, Wheaton Precious, Wheaton Precious Metals, Blackstone Group

☆ Donald Trump, Jan. 6 and Waiting for Justice in America - The New York Times
▼ + stars: | 2024-06-18 | by ( Katherine Miller | ) www.nytimes.com time to read: +1 min

There won’t be a trial anytime soon — or maybe ever — for Donald Trump on charges related to Jan. 6. If Mr. Trump is elected, there might not be a trial at all. One of the things a trial gives you is an answer: There is an ending to a trial. But on some level even a hung jury provides an answer: Here is tangible evidence of a societal inability to resolve this issue. There won’t even be an ending like that to Jan. 6, and if you think about it, there still isn’t a clean separation between the event and the politics of 2024.

Persons: Donald Trump, Trump Locations: Manhattan

☆ 'A threat like no other': The West watches on concerned as Putin visits North Korea for the first time in years
▼ + stars: | 2024-06-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Ties between Russia and North Korea have deepened in recent years with the countries — which are both heavily sanctioned by the West — hailing their strategic cooperation in the spheres of defense and trade. North Korea has not been shy in its outpourings of reverence for Putin, describing him as a "comrade-in-arms" in the battle against what both countries see as Western hegemony. Analysts say the deepening relationship between Russia and "rogue" state North Korea is increasingly hazardous for the West. This aspect of the relationship not only destabilizes security on the peninsula and in Asia; it also heightens the direct threat posed by North Korea to the [U.S.] homeland." It is unclear what further strategic cooperation between North Korea and Russia could entail.

Persons: Vladimir Putin, North, Kim Jong Un, Teneo, Kim, Putin, Kim Jong, Matthew Miller, Miller, Victor Cha, Cha Organizations: Vostochny, UN, West, Kremlin, Democratic People's, U.S . State Department, U.S ., Reuters, Analysts, Center for Strategic, International Studies, National Security Council, Ukraine, North Locations: Amur, Russia, North Korea, Russian, Democratic People's Republic of Korea, DPRK, Korea, Ukraine, Pyongyang, U.S, Iran, Europe, Asia, Gaza, Moscow, North Korean, Eurasia

☆ Australia China Business Council: There is consumer demand for imported Chinese EVs in Australia
▼ + stars: | 2024-06-18 | 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 EmailAustralia China Business Council: There is consumer demand for imported Chinese EVs in AustraliaJames Clarke of Australia China Business Council discusses the importance of China as Australia's largest trading partner, and expectations for further easing of restrictions on Australian exports.

Persons: Australia James Clarke of Organizations: Australia China Business, Australia James Clarke of Australia China Business Council Locations: Australia, China

☆ Champion Celtics were more than their dynamic duo, making for sweetest of victory cigars
▼ + stars: | 2024-06-18 | by ( Steve Buckley | ) www.nytimes.com time to read: +5 min

The 2023-24 Boston Celtics, newly crowned champions of the NBA, are a case in point. GO DEEPER Celtics beat Mavs, win 18th NBA championshipBut no team in Celtics history had to work to make it happen the way these guys did. THE BOSTON CELTICS ARE NBA CHAMPIONS 🏆🍀 pic.twitter.com/10iSWsN91P — The Players' Tribune (@PlayersTribune) June 18, 2024But the 2023-24 Celtics were more than those guys, even if those guys were the stars. Yes, the Celtics seemed poised to register a four-game NBA Finals sweep of the Mavericks until being blown out in Game 4 in Dallas. Celtics coach Joe Mazzulla kept saying, in so many words, “Don’t worry.” The result was an epic Garden party Monday night.

Persons: BOSTON — Long, Red Auerbach, Hoyo, Jayson Tatum, Paul Pierce, Brown, Larry Bird, Bob Cousy, Mavs, Tatum Organizations: BOSTON, Boston Celtics, Monterrey, NBA, Dallas Mavericks, Celtics, Miami, Eastern Conference, THE BOSTON CELTICS

☆ Buy these 8 stocks before a robust rebound for the 'abnormally weak' healthcare sector
▼ + stars: | 2024-06-18 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

The healthcare sector's 7% return this year is less than half of the S&P 500's 14.9% gain. At first glance, the lack of interest in healthcare stocks seems justified, given the group's subpar earnings growth. However, the upcoming earnings rebound for healthcare stocks isn't accounted for in valuations. Fortunately for investors, BMO has done that legwork by highlighting a slew of top healthcare stocks in its US model portfolios. Below are the eight outperform-rated healthcare stocks in BMO's model portfolios, along with the ticker, market capitalization, and group or groups that each is in.

Persons: —, There's, Brian Belski, Belski Organizations: Service, BMO Capital Markets, Business, BMO, Healthcare, BMO doesn't Locations: Montreal

☆ I wear bold outfits and my natural Afro to the office. People who say Gen Z can't dress for the workplace are wrong — we just do things differently.
▼ + stars: | 2024-06-18 | by ( Elle Hardy | ) www.businessinsider.com time to read: +6 min

I've heard people say Gen Z doesn't know how to dress for the workplace. Gen Z fashion is fun and quirky, and we're into self-expression. 40% of Gen Z and millennial consumers say that environmental impact is an extremely or very important factor when purchasing. People in my industry tend to have colorful or eclectic ways of dress, and I don't have a problem with that. AdvertisementIf older generations want to dress in more traditional business attire, it's none of my business.

Persons: —, Maya Penn, I've, Penn, It's, We're, Zers, I'm, Z, Gilberto Tadday, there's, haven't, we're Organizations: Service, Business, Fortune, Penn Locations: Atlanta, TEDWomen, Etsy, California

☆ SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion
▼ + stars: | 2024-06-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

To help fund the deal and TravelPerk's broader expansion efforts, the company also raised $135 million in debt financing from private equity firms Blackstone and Blue Owl. Avi Meir, TravelPerk's CEO and co-founder, told CNBC the deal would allow the company to turbocharge its growth in the United States. He expects the deal to double TravelPerk's U.S. revenues and make the country its biggest revenue-generating region by 2026. The Global Business Travel Association estimated that the US corporate travel sector was worth $329 billion in 2023. TravelPerk said its U.S. office footprint would expand to include AmTrav's offices in Boston, Chicago, Los Angeles and Miami.

Persons: Avi Meir, Meir, AmTrav, TravelPerk Organizations: CNBC, Blackstone, American Airlines, Business Travel Association, TravelPerk Locations: Chicago, U.S, United States, Britain, Boston , Chicago, Los Angeles, Miami

☆ My kids go to summer camp in Taipei. They get to learn Chinese and it's cheaper than in the US.
▼ + stars: | 2024-06-18 | by ( Virginia Duan | ) www.businessinsider.com time to read: +4 min

Every year, it seems like the rush to sign my kids up for summer camp begins earlier and earlier. Related storiesInstead, I send my kids to summer camp in Taipei because not only will my children have fun and learn, but they'll be doing so in Chinese. AdvertisementThe author can afford to send her kids to camp in Taipei thanks to the exchange rate and lower costs. Truthfully, many Taiwanese people will try to speak English to my kids even though my kids understand Chinese just fine. For an 8-day, 7-night sleep-away camp for teenagers, the cost for the entire camp would be $711.

Persons: they'll Organizations: Service, Business, UN Locations: Taipei, Taiwan

The new policy from the Biden administration is one of the most significant actions to protect immigrants in years. Credit... Tierney L. Cross for The New York Times

Persons: Biden, Tierney L Organizations: The New York

☆ Putin vows trade and security tie-ups with North Korea beyond the West's reach
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +3 min

Anton Vaganov | ReutersVladimir Putin promised to build trade and security systems with North Korea that are not controlled by the West and pledged his unwavering support in a letter published by North Korean state media on Tuesday ahead of his planned visit to the country. The article was published a day after the two countries announced that Putin would visit North Korea for the first time in 24 years for two days starting on Tuesday. Putin's foreign policy adviser Yuri Ushakov said Russia and North Korea may sign a partnership agreement during the visit that would include security issues. Ahead of the visit North Korea appears to have been making preparations for a possible military parade in downtown Pyongyang, commercial satellite imagery showed. He said the United States had seen Putin "get incredibly desperate over the past few months" and look to Iran and North Korea to make up for equipment lost on the battlefield.

Persons: Vladimir Putin, Anton Vaganov, Reuters Vladimir Putin, Sinmun, Putin, Yuri Ushakov, Andrei Belousov, Sergei Lavrov, Alexander Novak, Matthew Miller, Victor Cha Organizations: St ., Economic, Reuters, West, North, Workers, Party, Russia, Russian, Interfax, U.S . State Department, Center for Strategic, International Studies Locations: St, St . Petersburg, Saint Petersburg, Russia, North Korea, North Korean, North Korea's, Eurasia, Ukraine, Pyongyang, Korea, United States, Iran, Moscow, U.S

☆ Kylian Mbappé: France captain suffers broken nose in Euro 2024 win over Austria, questionable for Netherlands clash
▼ + stars: | 2024-06-18 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Soccer star Kylian Mbappé suffered a broken nose in France’s 1-0 win over Austria at Euro 2024 on Monday, the French Football Federation (FFF) said in a statement to Reuters. “Kylian Mbappé suffered a broken nose during the second half of the Austria v France match this Monday in Düsseldorf,” the statement said, per Reuters. “The captain of the French team was first taken care of by the medical staff and doctor Franck Le Gall, who diagnosed a broken nose. “Kylian Mbappé has returned to the base camp of the French team. — Kylian Mbappé (@KMbappe) June 17, 2024Danso issued an apology to Mbappé after the game.

Persons: Kylian Mbappé, Mbappé, Germain, Kevin Danso, “, Franck Le Gall, “ Kylian Mbappé, Des idées Organizations: CNN — Soccer, Austria, French Football Federation, Reuters, Real Madrid, Paris Saint, France, CNN, Twitter Locations: Paris, Austria, Düsseldorf

☆ Lack of mine supply will become an 'increasing issue' for copper prices: Analyst
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of mine supply will become an 'increasing issue' for copper prices: AnalystIan Roper of Astris Advisory Japan KK breaks down the latest price movements for iron ore and copper.

Persons: Ian Roper Organizations: Astris Advisory, Astris Advisory Japan KK Locations: Astris Advisory Japan

☆ Top 10 most expensive cities for expats in 2024
▼ + stars: | 2024-06-18 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: 1 min

Hong Kong retained its pole position as the world's most expensive city for expats in 2024, according to Mercer. Asia's biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer. Hong Kong was ranked as the most expensive city for expats to live in, followed by Singapore and Zurich, according to the Cost of Living City Ranking 2024. Cities in Switzerland — Zurich, Geneva, Basel and Bern — snagged four out of 10 spots. New York City ranked No.

Persons: Mercer . Hong Kong Organizations: Bern — snagged, New York City Locations: Hong Kong, expats, Mercer, Mercer . Hong, Singapore, Zurich, Switzerland — Zurich, Geneva, Basel, Bern, New, London

☆ Wells Fargo may have underestimated just how savvy millennial credit card holders can be
▼ + stars: | 2024-06-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

Read previewWells Fargo may have underestimated just how savvy young professionals could be with a credit card that rewards renters. A Bilt spokesperson told Business Insider that Wells Fargo does not make the numbers publicly available. In an email, a Wells Fargo spokesperson told Business Insider that co-branded credit cards are "one modest piece of the company's overall credit card business strategy, and the BILT credit card is one component of that." The Wells Fargo spokesperson said that "there has been no conversation among decision-makers to exit the BILT agreement. A Bilt spokesperson said the Journal's story is an "inaccurate representation of our strategic partnership with Wells Fargo."

Persons: —, Wells, Bilt, Dave Canty, Bilt's, Ankur Jain, Kevin, Amanda Smidt, they've, I've, Amanda, anesthetist, I'm, Wells Fargo, Amanda chimed, Jain Organizations: Service, Bilt Technologies, Business, Alaska Airlines, Virgin Atlantic, Hyatt, Wall Street, Financial Technology Partners, Miami, The Locations: Wells Fargo, San Francisco, Alaska, Wells, Miami, New York

☆ Toyota shareholders vote for chairman's re-election
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +1 min

Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of the automaker's board on Tuesday, despite concerns about governance raised by two leading proxy advisers. Toyota Motor shareholders backed Chairman Akio Toyoda and nine other members of the automaker's board on Tuesday, despite concerns about governance raised by two leading proxy advisers. Toyoda's re-election as chairman was a focal point of its annual shareholder meeting after the proxy advisers recommended that investors vote against it. Shareholders also rejected an investor proposal urging greater disclosure of climate lobbying that had been opposed by Toyota. "I bought Toyota shares with my retirement bonus," 84-year-old Hidenori Takahashi told Reuters ahead of the meeting, adding he believed it was the "best company in Japan" for shareholders.

Persons: Akio Toyoda, Toyoda's, Toyoda, Hidenori Takahashi Organizations: Toyota Motor, Toyota Locations: Japan

☆ Adobe's misfortune may be a windfall for these 2 up-and-coming art apps
▼ + stars: | 2024-06-18 | by ( Aditi Bharade | ) 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. AdvertisementLinearity, a vector-based app similar to Adobe's Illustrator, did not disguise its intention to get customers to switch apps. Inkscape, a free, open-source software similar in function to Illustrator, took a subtle swipe at Adobe in a June 9 X post. And some users seem desperate to make the switch, with creatives on TikTok and X sharing extensive lists of alternatives to Adobe's apps. Representatives for Adobe, Linearity and Affinity didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, — Jessica Plowman Organizations: Service, Federal Trade Commission, Adobe, Business, Canva, MRC, Photoshop

☆ Why These Chinese Working Mothers Don’t Want More Babies
▼ + stars: | 2024-06-18 | by ( Isabelle Qian | ) www.nytimes.com time to read: +7 min

Her boss, a woman who had been advocating for her to be given a leadership role, left the team while Ms. Zhao was on a five-month maternity leave. After college, Ms. Zhao set aside her dream of becoming a civil servant to pursue a higher-paying job. (Nearly a third of Chinese women have college degrees now, up from fewer than 1 percent in 1990.) Six months after Ning was born, Ms. Tang returned to her office, leaving the baby in the care of a grandmother. Her husband and in-laws oppose the move, but Ms. Tang doesn’t want to be held back.

Persons: doesn’t, Xi Jinping, —, ” Joyce Zhao, Joyce Zhao, Ming, Zhao, Ms, “, Ming’s, ” Ms, ”, ” Guo Chunlei, Guo Chunlei, Guo, Tianyi, ” Tang Pingjuan, Tang Pingjuan, Tang, Ning, Tang doesn’t Locations: Beijing, China, Hangzhou, Guangzhou, Shenzhen

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

☆ This 27-year-old says she makes 6 figures running a California fast-food joint: 'It's been life-changing for my family'
▼ + stars: | 2024-06-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Monique Pizano, 27, is a general manager of a Raising Cane's branch in California. The college graduate says she can make as much as $174,000 in a year, per The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMonique Pizano's decision to work for Raising Cane's instead of taking a regular desk job has paid off handsomely. The 27-year-old college graduate told The Wall Street Journal in a report published on Monday that she makes as much as $174,000 a year working as a general manager at the fast-food chain.

Persons: Monique Pizano, —, Monique Pizano's, Cane's, Pizano, interning Organizations: Street, Service, Wall Street, Business Locations: California, Japan, Riverside , California

☆ Path Is Cleared for One of the Largest U.S. Arms Sales to Israel in Years
▼ + stars: | 2024-06-18 | by ( Robert Jimison | ) www.nytimes.com time to read: +4 min

Mr. Meeks said that the sale would take years to deliver and that he supported the Biden administration’s plans to hold up the sale of other munitions. The department declined to comment on the arms orders, including on whether it would soon give that formal notification. Congressional sign-off on arms sales has almost always been a foregone conclusion when it comes to Israel. “I don’t want the kinds of weapons that Israel has to be utilized, to have more death,” Mr. Meeks said in an interview with CNN in April. Both of the top Republicans on those panels, Senator Jim Risch of Idaho and Representative Michael McCaul of Texas, immediately approved.

Persons: Gregory W, Meeks, Mr, Benjamin L, Cardin, Haiyun Jiang, Biden, ” Mr, “, ”, Jim Risch of, Michael McCaul of, Edward Wong Organizations: Biden, Democratic holdouts, Foreign Affairs Committee, White House, National Security Council, Democrat, Foreign Relations, Republicans, The New York, State Department, Hamas, CNN, The State Department, House Foreign Affairs Committee, Senate Armed Services Committee Locations: Israel, New York, Gaza, Maryland, United States, Jim Risch of Idaho, Michael McCaul of Texas

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