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BP's EV charging arm cuts jobs, reduces global ambitions: Reuters
  + stars: | 2024-04-15 | by ( ) www.cnbc.com   time to read: +2 min
EV charging, however, remains one of BP's key growth engines. The changes at BP Pulse are "a step towards ensuring that we can execute our goals with even greater precision and effectiveness". BP Pulse has also stepped away from several bets it made since launching its energy transition strategy under previous group CEO Bernard Looney in 2020. BP last May also shut down its home EV charging business. The company says it expects returns from its EV charging and convenience stores operations to exceed 15% and create $1.5 billion in earnings before interest, taxes, depreciation, and amortization by 2025.
Persons: Murray, Tesla, Bernard Looney, Auchincloss Organizations: BP, Reuters, EV Locations: United States, Britain, Germany, China
“It is clear that as president, I will be bound by laws just like all Americans,” Donald J. Trump said in 2016, during his first campaign. Next week, the Supreme Court will consider his claim that he is immune from prosecution on charges that he plotted to subvert the 2020 election. His 2016 statement, now largely forgotten, was not an off-the-cuff remark. It was, rather, a considered effort to put to rest a controversy over a question that has recently also figured in the case before the Supreme Court: May the president order the military to conduct unlawful killings? In January, at an appeals court argument, Judge Florence Y. Pan asked Mr. Trump’s lawyer a question meant to test the limits of his argument that presidents are immune from prosecution for their official acts.
Persons: ” Donald J, Trump, Judge Florence Y, Pan, Trump’s
The updates address who can use Disability Access Services, among other changes. Disability services have become the most requested service at the Florida and California parks, according to The Washington Post. MediaNews Group/Orange County Register via Getty ImagesChanges to the company's Disability Access Service arrived on the official Walt Disney World and Disneyland websites this week. Joseph Prezioso/Anadolu Agency/Getty ImagesThe new policies will begin at Walt Disney World on May 20 and June 18 at Disneyland. Representatives for Walt Disney World and Disneyland did not immediately respond to a request for comment from Business Insider.
Persons: , Disney, Joseph Prezioso, Dennis Speigel, Speigel, Stacey Crane Organizations: Disney, Service, Business, The Washington Post, MediaNews, Orange, Getty, Walt Disney, Fox Business, Anadolu Agency, Walt Disney World, Disneyland . Representatives, Park Services, NBC, WESH, Washington Post Locations: Florida, California, Orlando
The U.K.'s FTSE 100 index is expected to open 31 points higher at 7,949, Germany's DAX up more than 100 points at 18,051, France's CAC 47 points higher at 8,064 and Italy's FTSE MIB 150 points higher at 33,212, according to data from IG. European markets are set to open higher on Friday morning as investors parse through U.K. economic data and reflect on a somewhat murky U.S. inflation outlook. The market moves come after the pan-European Stoxx 600 index closed lower in the previous session. Stateside, investors digested fresh inflation data in search of clues on exactly when the U.S. central bank may start cutting interest rates. In Europe, Britain's economic output increased by 0.1% in monthly terms in February, in line with expectations, according to figures published Friday by the Office for National Statistics.
Persons: Germany's DAX, Dow Jones Organizations: CAC, IG, European Central Bank, U.S, U.S . Federal, Labor Department's Bureau of Labor Statistics, Dow, Office, National Statistics Locations: U.S ., U.S, Europe
A retrial was ordered in 2023 for the first-degree murder charge, and the case currently sits with the Canadian Supreme Court. According to Toronto Life, all five of the accused faced first-degree murder, attempted murder, and conspiracy to commit murder charges. NetflixWong received the same sentence and charges as PanWong was found guilty of the same charges as Pan: first-degree murder and attempted murder. For the first-degree murder charge, he received a life sentence with no chance of parole for 25 years; for the attempted murder charge, a life sentence. If it doesn't, Wong, Pan, and the other accused will be allowed to seek parole.
Persons: , Jennifer Did, Jennifer Pan, Bich, Huei Hann Pan, Pan, Daniel Wong, Wong, Jennifer Pan's, Karen K, Ho, Jennifer, Christine, Lenford Crawford, Crawford, Pan's, Huei Hann, Netflix Wong, Pan Wong, Eric Carty Organizations: Service, Netflix, Canadian, CBC, Canadian Supreme, Business, Pan, Toronto, Police, Toronto Life, Ontario, Markham Economist, Sun Locations: Toronto, Pan's, Lindsay , Ontario
It forewarns of a changing landscape for the disease. The mosquitoes that spread dengue thrive in densely populated cities with weak infrastructure, and in warmer and wetter environments — the type of habitat that is expanding quickly with climate change. More than 3.5 million cases of dengue have been confirmed by governments in Latin America in the first three months of 2024, compared with 4.5 million in all of 2023. There have been more than 1,000 deaths so far this year. The Pan-American Health Organization is warning that this may be the worst year for dengue ever recorded.
Organizations: American Health Organization Locations: America, Brazil, Argentina, Peru, Puerto Rico, Latin America
We can be expansive and imaginative.”Abdullah, who was raised Baptist, said she believes her religious background ties into the core themes of West’s campaign. A contrast with BidenWest’s choice of a Muslim running mate accentuates his push to appeal to Muslim American voters who are dissatisfied with Biden’s handling of the Israel-Hamas war. “That said, Black Lives Matter does not endorse candidates, right? So Black Lives Matter will not be endorsing me. People within Black Lives Matter, my prayer and hope is that they’ll come with us.
Persons: Cornel, Melina Abdullah, Smiley, ” West, , Fannie Lou Hamer, Martin Luther King Jr, Abdullah, Joe Biden, , I’ve, ” Abdullah, Annahita, , ’ ” Abdullah, Biden, accentuates, West, Dexter Reed, Kamala Harris, “ Biden, Harris, Lloyd Austin, We’re, Cornel West, Donald Trump, Matt Corridoni, “ I’ve Organizations: CNN, Independent, Cornel West, Black, California State University , Los, , Muslim, Democratic National Committee, , Howard University, American Studies, University of Southern Locations: Muslim, California State University , Los Angeles, Israel, Michigan, Gaza, Chicago, University of Southern California
Robert Kiyosaki warned an "everything bubble" spanning stocks, bonds, and real estate would pop. The "Rich Dad Poor Dad" author touted gold, silver, and bitcoin for riding out the storm. "The EVERYTHING BUBBLE, stocks, bonds, real estate SET to CRASH," he said in a recent X post. Please buy more real gold, silver, Bitcoin." The Rich Dad Company founder's latest crash warning should be treated with skepticism as his previous ones have failed to pan out.
Persons: Robert Kiyosaki, Dad, , — he's, bitcoin, Rich Dad, founder's, Kiyosaki, Lehman Organizations: Service, Nasdaq, Federal Reserve, Credit Suisse, UBS Locations: Swiss
Jennifer Pan is the subject of the new Netflix true crime documentary, "What Jennifer Did." AdvertisementNetflix's new true crime documentary, "What Jennifer Did" explores the true story of Jennifer Pan, a Canadian woman who allegedly hired people to kill her parents. Jennifer Pan in police interview footage, as seen in "What Jennifer Did." Huei Hann Pan and Bich Ha Pan in a photo displayed in "What Jennifer Did." The retrial is only in reference to the first-degree murder charge — not the attempted murder charge in relation to her father.
Persons: Jennifer Pan, Jennifer Did, Pan, She's, , banister, Karen K, Ho, Bich, Huei Hann Pan, Daniel Wong, Wong, Leonard Crawford, Crawford, Hann, Jennifer, Pan's, David Mylvaganam, Felix ., Huei Hann Organizations: Netflix, Service, Netflix Police, Toronto, CBC, Ontario Appeal, Markham Economist, Sun, Canada Locations: Canadian, Toronto, Canada, Ontario
To Danny Yong, the Middle East is still Asia. In particular, multi-strategy hedge funds, the industry subset that large allocators are desperate for thanks to their uncorrelated and consistent returns, are growing in markets like Hong Kong and Singapore. Houston-based Pan Capital is planning to hire macro PMs in Hong Kong this year. These people-heavy firms need plenty of talent to make it all work, and the relatively small size of the Singapore market, coupled with political uncertainty in Hong Kong, puts a strain on the entire system. "Managers follow allocator trends, and the Middle East has been actively allocating while other regions have slowed their deployment.
Persons: Danny Yong, firm's, Yong, there's, Kurt Baker, Jonathan Xiong, Bobby Jain, Amir Ravan, Arun Singhal, Alan Howard, Simon Sadler, Dymon, Samantha Rosenstock, Craig Thorburn, It's, Joe Cheung, , Cheung Organizations: Business, Dymon, UAE, Millennium, Bloomberg, Pan, Segantii Capital Management, Blackpool Football Club, Man, Hong Kong Monetary Authority, Citadel Locations: Asia, Japan, Hong Kong, Singapore, Dubai, Dymon Asia, Houston, Point72, Tokyo, Sidney, Abu Dhabi, United Kingdom, London, Miami, New York, China
Goldman Sachs has refreshed its conviction list of top picks in Europe and recommended investors consider a specific trading strategy given uncertainty over how much further markets can rise. However, Goldman Sachs' analysts noted that investors are "questioning how much upside is left." For those looking for stock ideas, here are two of the latest additions to Goldman Sachs' European conviction list: Unibail-Rodamco-Westfield Goldman analyst Jonathan Kownator struck a bullish tone on French commercial real estate giant Unibail-Rodamco-Westfield . Goldman Sachs has a 12-month price target of 107 euros ($115.97) on the stock, giving it potential upside of around 46.8%. "The European football championships in Germany should provide an additional boost with JCD commanding c.35% market share and its presence in Street Furniture in major cities."
Persons: Goldman Sachs, Westfield Goldman, Jonathan Kownator, Kownator, Lisa Yang, JCD, Yang, Goldman, — CNBC's Michael Bloom Organizations: Westfield, UEFA, Paris Olympics, European Locations: Europe, Westfield, France, Spain, Germany, United Kingdom, United States, Paris, China
Dredging the chicken involved dipping it in an egg mixture and the flour mixture. Lucien Formichella for InsiderThe dredging process went well, though I definitely should've made more. It was relaxing to drop the chicken into the flour mixture, then the eggs, then back in the flour. Lucien Formichella for InsiderAfter putting the chicken in the air fryer, I genuinely wondered how the tenders would turn out because Popeyes chicken has such a distinct flavor. I left the second precisely as it came out of the bowl, figuring more of the flour mixture would stick to it.
Persons: , fryer, I've, Here's, Lucien Formichella, I'm, I'd, fryer beeped, smokey, would've Organizations: Service, Business, KFC —, KFC Locations: Brussels, Louisiana
“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen told reporters Monday. US intelligence has warned that China is providing technology and equipment to Russia that is important to Moscow’s war in Ukraine. During her last visit to Beijing, Yellen dramatically boosted business for a Yunnan restaurant chain and its mushroom dish after her delegation was spotted dining there. “As a US official, Yellen needs to know more about China than just its food. Only by understanding China better, can she correct the US worldview and its views of China and China-US relations.”
Persons: Janet Yellen, Yellen, Joe Biden, Xi Jinping, , China Nicholas Burns, Pedro Pardo, Li Qiang, ” Yellen, Li, Biden, , Mao Ning, Xi, CNN’s Marc Stewart, we’ve, Andy Wong, “ Yellen, Tao Tao Organizations: Hong Kong CNN, Russia, China's, Getty, Vice, Foreign Ministry, Treasury Department ., Ukraine, China’s, Ministry, Locations: China, Hong Kong, Guangzhou, Beijing, United States, AFP, Washington, Xinhua, Russia, Ukraine, Treasury Department . China, San Fransisco, , Yunnan, Weibo
U.S. Treasury Secretary Janet Yellen shakes hands with China's Vice Premier He Lifeng before a dinner in the southern Chinese city of Guangzhou, on April 5, 2024. U.S. Treasury Secretary Janet Yellen comments on China's excess manufacturing capacity seek to rehash "China threat" rhetoric and appear to create a pretext for more protectionist policies from the U.S., Chinese state media said. "Talking up 'Chinese overcapacity' in the clean energy sector also smacks of creating a pretext for rolling out more protectionist policies to shield U.S. companies," Xinhua said. Yellen met with Vice Premier He Lifeng and Guangdong Province Governor Wang Weizhong in Guangzhou after arriving in China late on Thursday. She is to travel on Saturday to Beijing, where she will meet officials including Premier Li Qiang and People's Bank of China Governor Pan Gongsheng through Monday, according to a Treasury press advisory.
Persons: Janet Yellen, Yellen, Guangdong Province Governor Wang Weizhong, Premier Li Qiang, Pan Gongsheng Organizations: Treasury, China's, Xinhua, Lifeng, Premier, People's Bank of China Locations: Guangzhou, U.S, Washington, China, Xinhua, Guangdong Province Governor, Beijing
A passenger on a flight from Newark to Zurich tried to enter the cockpit. One of the flight attendants was injured by the unruly passenger, Blick reported. AdvertisementA Swiss International Air Lines plane had to turn back to Newark after a passenger reportedly injured a flight attendant while trying to enter the cockpit. An airline spokesperson told Business Insider the flight "had to turn back to Newark due to an unruly passenger" who "behaved abusively towards the crew." In an email to BI, a Port Authority of New York and New Jersey spokesperson said the plane turned around due to an unruly passenger.
Persons: , Blick Organizations: Airbus, Service, International Air Lines, International Airlines, Port Authority of New Locations: Newark, Zurich, Swiss, Switzerland, Port Authority of New York, New Jersey
European markets look poised to open higher Thursday as investors look to build momentum following a shaky start to the new trading quarter. The pan-European Stoxx 600 index closed higher Wednesday, shaking off some of the negative sentiment after euro zone inflation fell more than expected. Thursday is light on the earnings front, while the release of notes from the European Central Bank's last monetary policy meeting is expected to shine some light on the path for interest rate cuts. In Asia-Pacific, markets rebounded following a selloff in the previous session. Meanwhile, U.S. stock futures inched higher overnight as investors digested comments from U.S. Federal Reserve Chairman Jerome Powell.
Persons: Jerome Powell Organizations: Central, Rio Tinto, U.S . Federal Locations: Rio, Asia, Pacific, U.S
Hong Kong CNN —Janet Yellen has kicked off her second visit to China as US treasury secretary to continue efforts to further stabilize ties between the world’s two largest economies. “During prior meetings with her Chinese interlocutors, Yellen has largely avoided taking a strong stance on controversial issues,” he said. Trade tensionsBiden administration officials have suggested raising tariffs on Chinese imports to “level” the playing field for trade. Former President Donald Trump has threatened to slap 60% tariffs on imports from China if he is re-elected. The “forces” are often referred to as emerging industries such as EVs, new materials and artificial intelligence.
Persons: Hong Kong CNN — Janet Yellen, Yellen, , ’ Yellen, Joe Biden, Xi Jinping, Li Qiang, Lifeng, Liu He, Pan Gongsheng, Lan Fo’an, Craig Singleton, , Biden, Xi’s, Donald Trump, Rick Waters, , Xi, Waters, don’t, ” Singleton Organizations: Hong Kong CNN, People’s Bank of China, Finance, Foundation for Defense of Democracies, Bali . Trade, Biden, Trump, Treasury Department Locations: China, Hong Kong, Georgia, United States, California, Guangzhou, Beijing, Washington, Bali ., Eurasia
Read previewA woman said she "rage applied" to a job after an incident at work left her in a bad mood. She said she secured an interview within two days, scored an offer, quit her job, and has zero regrets. Still, a career coach said rage applying to new jobs could set employees up for failure. Two days after she applied for the job, Tiara said she had an interview scheduled. A career coach says people 'rage apply' when emotions run high — it doesn't always set them up for successThe phrase "rage applying" is relatively new.
Persons: , Tiara, she's, I've, TikTok, Octavia Goredema, Goredema, RealPeopleGroup, there's, they've Organizations: Service, Business, Workers
Severe thunderstorms are possible in parts of the Southern Plains and Lower Mississippi Valley, including in the path of totality. Millions more are expected to travel for Monday’s eclipse as the path of totality will be 40 to 50 miles wider than 2017’s path. This could potentially lead to an increase in cloud cover in both regions and could obstruct totality views. CNN Weather CNN Weather Two forecast models show where clouds could be during the eclipse Monday afternoon. More precise cloud cover forecasts with higher confidence levels should be possible by this weekend.
Organizations: CNN, Dallas, Storm Prediction, CNN Weather CNN Locations: Southern Plains, Lower Mississippi, Texas, Maine, Dallas, Indianapolis, Cleveland, Buffalo , New York, Dallas – Oklahoma, Arkansas, Louisiana, Oklahoma, Gulf, Mexico, Tennessee, Ohio, Plains
European markets are set to open lower Wednesday as sentiment turns cautious at the start of the new trading quarter. The pan-European Stoxx 600 closed lower Tuesday after a subdued first day of trade after the Easter break. Wednesday is light on the corporate earnings front, but inflation data is due out of the euro zone and Turkey. Markets were lower in Asia-Pacific, tracking declines on Wall Street overnight, with shares of electric vehicle makers dropping on demand worries. U.S. stock futures were little changed in overnight trade.
Locations: Turkey, Asia, Pacific
Advertisement"It was hard because LA is very different from Spokane," Sweeney told Who What Wear. Advertisement"My quote, unquote success didn't come until I was in my 20s," she said, adding that her parents didn't really get to experience her success with her because of their divorce. I just felt a responsibility to show them that it was worth it," Sweeney told Variety. Sweeney isn't the only celebrity to pitch her parents about going into acting using PowerPoint; Emma Stone did it too. AdvertisementA representative for Sweeney didn't immediately respond to a request for comment sent outside regular business hours.
Persons: , Sydney Sweeney, Sweeney, didn't, Amy Sussman, she'd, Murray, Sweeney isn't, Emma Stone, Stone, Sweeney didn't Organizations: Service, Business, Census Bureau, British GQ, Hollywood Reporter, Hollywood Locations: Los Angeles, Spokane , Washington, LA, Spokane, Hollywood, British
Easter desserts that everyone will love
  + stars: | 2024-03-29 | by ( Food Network Kitchen | ) edition.cnn.com   time to read: +5 min
Matt Armendariz / Food NetworkGET THE RECIPEPeanut Butter and Chocolate EggsForget dying Easter eggs — try making homemade chocolate eggs instead. Kate Mathis / Food NetworkGET THE RECIPEBunny Butt Snickerdoodle CookiesTurn store-bought cookie dough into an adorable and subtly spiced Easter treat. Matt Armendariz / Food NetworkGET THE RECIPEChocolate Pastel Easter Cake with a Chocolate Vermicelli NestMoist chocolate cake is frosted with an easy, fluffy buttercream and topped with a chocolate nest for this festive Easter dessert. Matt Armendariz / Food NetworkGET THE RECIPERaspberry-Lemon Easter CakeThis adorable cake is sure to be a crowd-pleaser. Food NetworkGET THE RECIPEPavlova Eggs with Lemon CurdThis fun and beautiful Easter treat is deceptively easy to make.
Persons: Easter, Teri Lyn Fisher, Matt Armendariz, Renee Comet, Kate Mathis Organizations: Food
The world’s best dumplings
  + stars: | 2024-03-28 | by ( Julia Buckley | ) edition.cnn.com   time to read: +17 min
The best way to sample these dumplings is from a street vendor carting a steamer on his bicycle. KartoffelknoedelCarbtastic kartoffelknoedel ExQuisine/Adobe StockFound across Germany, kartoffelknoedel, or potato dumplings, usually accompany meat dishes. Artit_Wongpradu/iStockphoto/Getty ImagesSome dumpling purists say that the Australian dim sim is merely a bastardized version of Chinese dumplings. Joshua Resnick/500px Plus/Getty ImagesFound on Chinese takeout menus in the United States, crab rangoon are deep-fried dumplings served as a side dish. Shish barakShish barak are lamb dumplings served with yoghurt.
Persons: ., Ravioli, , chao shou, chao, bryndzové, Lisa Wiltse, dumpling, Edward Wong, there’s, Beata Zawrzel, Mayur, Lord Ganesha, Ganesh Chathurthi, Pelmeni, Dim sims, Peng, Kimchi, Jonathan Wong, manti, speck, you’ll, Deb Lindsey, Uszka, Gyoza, Joshua Resnick, Ihor, it’s, It’s, DiAnna Paulk, Paolo Bernardotti, Shish barak Shish barak, Julia Buckley Organizations: CNN, South China Morning, Adobe, Central Asia, Kazakhstan –, Turks, Adobe Stock, Corbis, China Morning, Getty, Turkish, Fascism, Washington Post Locations: . Cheng, South, Italy, Rome, Sichuan, Central, Turkey, China, Azerbaijan, Kazakhstan, Central Asia, Mongol, Slovakia, Slovakian, Indonesian, Bandung, Hong Kong, Eastern Europe, Maharashtra, Germany, Brazil, Siberia, European, Australia, North America, Europe, Tunisian, Argentina, empanadas, Mendoza, USA, Southern, United States, Central Asian, Korea, Alto Adige, Austrian Tyrol, Kathmandu, Poland, Tokyo, rangoon, Asia, Russia, Georgia, Japan, Pennsylvania, Piedmont, Afghanistan
CNN —South African photographer, visual artist and fashion icon Trevor Stuurman has become one of the country’s most sought-after creatives by unapologetically challenging the global perception of African cultures through his powerful visual storytelling. This narrative shift was fully on display with his work on Beyoncé’s Grammy-nominated visual album “Black is King,” in 2020, which Stuurman knew would reach a massive audience. In 2021, Stuurman photographed the “Coming to America 2” x Uoma Beauty “Black is Magic” collection to showcase African creativity and contemporary cultures. “Everyone has the artistic ability, but not everyone has the professional tool set to execute and build a long-lasting career,” Stuurman said. “[The Manor] is about extending the table and creating a table as opposed to asking for a seat at the table.”Watch the full episode of African Voices Changemakers featuring Trevor Stuurman.
Persons: Trevor Stuurman, unapologetically, , Stuurman, ” Stuurman, Elle Magazine’s, Trevor Stuurman “, Shaka iLembe, Naomi Campbell, Gigi, Bella Hadid, Kendall Jenner, Barack Obama, Organizations: CNN, South, Beyoncé’s, United Nations, Gates Foundation, Disney, creatives, Locations: South Africa, “ Africa, London, Kimberley, Johannesburg, Cape Town
Read previewIn what has been billed to be the year of macro, hedge funds are taking diverging paths on the sector. This story is available exclusively to Business Insider subscribers. Related storiesTwo people familiar with the changes told Business Insider that Jaime Villa, Schonfeld's head of macro research, is no longer with the asset manager. And despite the popularity the strategy might have with allocators at the moment, funds are still quick to cut underperformers. Brevan Howard, one of the biggest macro players in the world, cut dozens of investors earlier this month after its biggest loss on record in February.
Persons: , Chris Rokos, Jaime Villa, Schonfeld's, Villa, Colin Lancaster, Mitesh, Jerome Sargoussi, Eisler, Raj Sethi, Brevan Howard, Steve Cohen's Point72, Mo Grimeh, Bloomberg —, Grimeh, Brett Gardocki — Organizations: Service, Federal, Business, Pimco, KKR, SPX, Walleye, Bloomberg, Millennium, Pan, Former Walleye Locations: Schonfeld's London, New York, Minnesota, Stamford, Houston, Hong Kong
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