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☆ EV charging needs big improvements soon if the auto industry's transition is going to work
▼ + stars: | 2023-09-19 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +11 min

Simply put, America's patchwork of CCS chargers offers spotty coverage, hard-to-use devices, and, too often, chargers that are broken. Not to mention, there are fewer than 12,000 CCS fast chargers across the U.S. today. Opening up the Tesla charging network to our customers, that's about them and it scales very quickly for them. watch nowThe broad uptake of Tesla's charging tech is generally good news. What's more, Tesla's chargers all work the same way, whereas CCS chargers from rival companies may have very different procedures.

Persons: Mark Blinch, Reuters There's, General Motors, it's, Joe Biden, Tesla, Justin Sullivan, JD Power, Brent Gruber, Ford, John Lawler, Lawler, We're, Elon Musk, EVgo Organizations: Benz, Canadian, Reuters, Ford Motor, General, Volkswagen, Cox Automotive, Consumer, Energy, Institute, University of Chicago, Associated Press, NORC, for Public Affairs Research, United Auto Workers, EV, Public, U.S . Department of Energy, —, Detroit, CCS, University of California, JD, Ford EV, Ford, GM, Volvo, Mercedes, SAE International, ABB Locations: Toronto , Ontario, Canada, U.S, San Rafael , California, Berkeley, Bay, Swiss

☆ Rates are rising in Europe. HSBC names the region's 'most and least vulnerable stocks'
▼ + stars: | 2023-09-19 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

CNBC Pro takes a look at the bank's two screens of "the most and least vulnerable" stocks: one for "cash-rich" companies and the other for "high leverage" names. 'Cash-rich' names HSBC named "cash-rich companies relatively immune to rising borrowing rates." HSBC's screens in this category include French luxury goods label Hermes International , with a net debt of 9,222 euros ($9,834.11), British food processing company Associated British Foods (net debt of 1,709.39 euros) and Swiss biotech player Bachem Holding (net debt of 271.15 euros). Names with high debt HSBC also screened for companies with high leverage, meaning high net debt to equity and net debt to EBITDA ratios. Companies with high debt are seen to be vulnerable to further rises in interest rates.

Persons: Snam, — CNBC's Michael Bloom Organizations: British, HSBC, CNBC Pro, Companies, Hermes, British Foods, Bachem, Nokia, Daimler Truck Holding, Imperial Brands, Benz Group Locations: Europe, Swiss, Finnish

United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. Collectively, zero-emission delivery startups have raised around $1 billion so far, according to Pitchbook and data collected by Reuters. H&M, the world's second-largest fashion retailer, said it is scaling up a number of zero-emission delivery initiatives "through a variety of partnerships like the one... with Liefergrun." "Some customers are pushing very, very hard for as many zero-emission deliveries as possible," Hoed said. DHL's Zou said zero-emission delivery startups are not a threat, but added "we are always keen to look at them either for a commercial partnership or working together."

Persons: Lisa Baertlein, Germany's Liefergrun, Niklas Tauch, Tauch, Yin Zou, Tristan Thomas, DutchX, Marcus Hoed, Hoed, DHL's Zou, Sven Etzelsberger, Thomas Goldsby, Goldsby, Rob King, Zedify, King, Nick Carey, Ben Klayman, David Gregorio Our Organizations: REUTERS, LOS, Reuters, FedEx, Deutsche Post DHL Group, United Parcel Service, Mercedes, Benz, DHL, Deutsche Post DHL, Amazon, Foods, IKEA, University of Tennessee, UPS, Thomson Locations: Compton , California, U.S, New York, Berlin, Germany, Austria, Netherlands, London, Liverpool, Birmingham, Manchester, Europe, Manhattan, Philadelphia, California

☆ Lionel Messi: Even when Inter Miami start doesn’t play he’s still star of the show MLS
▼ + stars: | 2023-09-18 | by ( Don Riddell | ) edition.cnn.com time to read: +7 min

Like, wait, did he not travel to Atlanta?” added Trivedi, referring to Atlanta United’s Major League Soccer (MLS) game against Inter Miami on Saturday. “I feel bad,” Galdamez told CNN. Seeing him would have made the money worth it, because he’s like a God!” Rohan Jhanjee told CNN. “We’re thankful for the fact that he’s here in the US,” Lacey Hunt told CNN. They must also hope that his absence from a crucial league game wasn’t too costly.

Persons: Lionel Messi’s, Rishi Trivedi, ”, Trivedi, “, he’s, Jenil Patel, Gonzalo Pineda, ” Lionel Messi, Megan Briggs, Messi, Mercedes, they’d, Angel Galdamez, ” Galdamez, Irma Lopez, Hector Vivas, It’s, it’s, he’d, we’d, Rohan Jhanjee, Leonardo DiCaprio, Prince Harry, Selena Gomez, “ We’re, ” Lacey Hunt, Brad Penner, he’ll, Miami’s Organizations: CNN, CNN Sport, Atlanta United’s Major League Soccer, Inter Miami, Inter, Atlanta, Inter Miami CF, Florida Blue Training, Getty, MLS, Atlanta United, United, Miami, Leagues Cup, Sporting Kansas City, Leagues, Orlando City SC, Messi, New York Red Bulls, Red Bull Arena, USA, Network, Reuters, Houston, Eastern Conference Locations: Argentine, Miami, Atlanta, Fort Lauderdale , Florida, United States, Argentina, North America

☆ I drove Mercedes' $100,000 Tesla rival and loved almost everything about it except its controversial looks. Check out the EQE SUV.
▼ + stars: | 2023-09-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +1 min

I tested the 2023 Mercedes-Benz EQE SUV, a new Tesla rival from the iconic German brand. The EQE 500 4MATIC SUV Mercedes lent me cost around $100,000, but the model starts at $77,900. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Loading Something is loading. One of the newest entrants is the 2023 Mercedes-Benz EQE SUV, a midsize family-hauler that aims right at the heart of US car buying.

Persons: Mercedes, haven't Organizations: Benz, Service, Tesla, EV Locations: Wall, Silicon

☆ Lionel Messi: Inter Miami loses as Argentinian superstar rested
▼ + stars: | 2023-09-17 | by ( Issy Ronald | Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —Since Lionel Messi’s arrival at Inter Miami, the club has experienced a turnaround in its fortunes, going unbeaten in 11 games after a nine-game winless streak. But that all changed on Saturday as Inter Miami sunk to a 5-2 defeat against Atlanta United, after taking to the field without Messi who was rested for the first time since signing for the club in July. Inter Miami scored first following a superb Leonardo Campana goal in the 25th minute, as he controlled the ball with his chest, chipped it over a defender, and volleyed it into the net. Inter Miami conceded five goals, including an own goal. “Honestly, I told the players, there are a lot of things out there in the atmosphere and everything seems to be about Inter Miami,” he said, according to ESPN.

Persons: Lionel Messi’s, Messi, Leonardo Campana, Tristan Muyumba, Brooks Lennon, Campana, Giorgos Giakoumakis, Tyler Wolff, Geoff Burke, CNN’s Don Riddell, “, Gonzalo Pineda, ” Organizations: CNN, Inter Miami, Atlanta United, USA, Network, Reuters, Mercedes, Benz, ESPN, “, ” Inter Miami’s, Toronto FC, D.C, United, Audi Field Locations: Miami, Atlanta, Fort Lauderdale , Florida, Washington

☆ Will Lionel Messi play on Atlanta United’s artificial turf?
▼ + stars: | 2023-09-16 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

Sixteen years on, six MLS teams (over 20%) have artificial turf in their home grounds, including Atlanta United’s Mercedes-Benz Stadium, where Inter Miami will play on Saturday with potentially Lionel Messi featuring. “Truth is it’s been a while since I’ve played on artificial turf, but I have no problem adapting myself again,” said Messi. The science is conflicting as to whether artificial turf presents increased health concerns to those playing on it. Lower-extremity injuries, in particular knee and ankle injuries, more commonly occur on artificial turf in comparison to natural grass.”Lower leg injuries suffered on artificial turf aren’t just an issue for NFL players. More than 70,000 fans are expected in Atlanta to watch Atlanta United play Inter Miami, but for his next trick just how will Messi potentially deal with playing on artificial surface?

Persons: CNN —, ”, David Beckham, Atlanta United’s Mercedes, Lionel Messi, Beckham, it’s, I’ve, Messi, Shaun Botterill, Aaron Rodgers ’, Simone Magill –, Megan Briggs, Magill, ” Holly Silvers, Sanjay Gupta, Silvers, Granelli, Alex Slitz, Dr, Andrew Pearle, Rodgers ’, David Bakhtiari, Roger Goodell, he’ll, Gianni Infantino, They’ll, Goodell, “, Thierry Henry, ” Henry, Fred Kfoury III, Germain Organizations: CNN, Major League Soccer, MLS, Atlanta, Benz, Inter Miami, LA Galaxy, Toronto’s BMO, Bodø, Young Boys, Toronto FC, BMO Field, NFL, Orthopaedic Journal, Sports Medicine, soccer, ” Northern Ireland, CORE, CNN Chief, Atlanta United, Hospital for Special Surgery, Green Bay Packers, Twitter, ESPN, FIFA, New York Red Bulls, “, New, Gillette, Paris Saint, US Locations: Europe, Barcelona, Glimt, Norway, Switzerland, Netherlands, Los Angeles, California, New York City, North America, Foxborough, Paris, Atlanta

☆ Lionel Messi to miss Saturday’s Inter Miami MLS game against Atlanta United
▼ + stars: | 2023-09-16 | by ( Wayne Sterling | ) edition.cnn.com time to read: +1 min

CNN —Lionel Messi will miss a Major League Soccer match for the first time since joining Inter Miami as he will not feature against Atlanta United on Saturday. The turf field at Mercedes-Benz Stadium in Atlanta did not play a role, the source said. On Friday, Messi posted a picture on his Instagram stories account of a pizza order in Miami. Inter Miami, on a nine-game winless run prior to Messi’s debut, is unbeaten in 11 games and captured its first trophy last month. Messi has featured in three MLS games so far this season.

Persons: Lionel Messi, Messi, it’s, I’ve, ”, Ballon d’Or Organizations: CNN, Major League Soccer, Inter Miami, Atlanta United, Mercedes, Benz, MLS, Miami, Barcelona, Bolivia, Saturday’s, phenom Locations: Atlanta, Europe, Miami

☆ NFL Thursday Night Football: D’Andre Swift runs over Minnesota Vikings in Philadelphia Eagles win as Justin Jefferson makes history
▼ + stars: | 2023-09-15 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —D’Andre Swift put in a dominant performance as the Philadelphia Eagles punished an error-prone Minnesota Vikings on Thursday in 34-28 win. However, between Swift and quarterback Jalen Hurts, the Eagles were able to find enough explosive plays to keep Minnesota at bay. The Vikings’ quarterback was hit 10 times, including two sacks. “And our staff, we need to go back and continue to find ways to re-emphasize how important it is when you have the football in your hands playing for the Minnesota Vikings. Sue Ogrocki/AP Tampa Bay Buccaneers WR Deven Thompkins runs with the ball during the fourth quarter of a 20-17 win against the Minnesota Vikings at US Bank Stadium in Minneapolis.

Persons: CNN — D’Andre Swift, Swift, LeSean McCoy, ”, Nick Sirianni, “, Jalen, DeVonta Smith, Kirk Cousins, Terrell Edmunds, Fletcher Cox, Derik Hamilton, Kevin O’Connell, we’ve, ” O’Connell, I’ve, we’re, Aaron Rodgers, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Hayden Hurst, Richie Grant, Dale Zanine, Jakobi Meyers, Denver Broncos CB Damarri Mathis, Ron Chenoy, Joe Burrow, Grant Delpit, Sue Ogrocki, Deven Thompkins, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, TJ Watt, Brock Purdy, Matt Freed, Patrick Mahomes, Jay Biggerstaff, Justin Jefferson, Jefferson, Odell Beckham Jr, Darius Slay, Michael Owens Organizations: CNN, Philadelphia Eagles, Minnesota Vikings, Eagles, Philadelphia, Detroit Lions, Research, Vikings, New York Jets, Buffalo Bills, NFL, Green Bay Packers, San Francisco 49ers, Pittsburgh Steelers, Acrisure, Getty Images Carolina Panthers, Atlanta Falcons, Benz, Falcons, USA, Network, Reuters Las Vegas Raiders, Denver Broncos CB, Raiders, Reuters, Cincinnati Bengals, Cleveland Browns, Browns, Tampa Bay Buccaneers, US Bank, Los Angeles Chargers, JK, Miami Dolphins, Chargers, Dolphins, Reuters Baltimore Ravens, Houston Texans, Baltimore, Texans, Getty Images Pittsburgh Steelers, Niners, Kansas City Chiefs Locations: Minnesota, Pennsylvania, Minneapolis, Missouri

☆ Mercedes-Benz threatened with recalls of Euro 6 cars over defeat devices
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Brussels, Belgium June 1, 2023. In the letter published on DUH's website, the KBA referred to three devices found in cars produced under the Euro 6 standard, the most recent and stringent limits for harmful tailpipe emissions from petrol or diesel-powered vehicles. Mercedes-Benz was obliged to take remedial measures or face an order to remove the cars from the road, it said, based on a ruling by the European Court of Justice that deemed such devices illegal in certain driving conditions. In a statement, Mercedes-Benz said it was co-operating fully with the KBA and that it believed it had already developed the technology required to tackle the issue via software updates. Reporting by Victoria Waldersee; Editing by Rachel More and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

Persons: Yves Herman, Benz, carmaker, Victoria Waldersee, Rachel More, Clarence Fernandez Organizations: Mercedes, Benz, REUTERS, Companies Mercedes Benz Group, Deutsche, European Court of Justice, Thomson Locations: Brussels, Belgium

☆ German carmaker stocks dip amid China-EV probe dispute
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Alternatively, punitive tariffs on imports from China could accelerate Chinese EV makers' plans to build in Europe, analysts said, raising competition for domestic carmakers. "Volkswagen could gain from lower mass-market competition, but is the most exposed ... premium OEMs ...face the risk of retaliation and might see their China-export plans sent awry," he added. By 1210 GMT, the STOXX Europe 600 Auto (.SXAP) index was down 1.46%, while the broader market was steady. BMW, which exports the iX3 from China and plans to export the Mini from 2024, fell 2.08%, with Mercedes-Benz down 1.56% and Volkswagen down 1.83%. Stocks of carmakers Renault and Stellantis, which are less exposed to the Chinese market than their German counterparts, saw smaller dips of 1.33% and 0.81% respectively.

Persons: Annegret, Emmanuel Macron, Daniel Roeska, Bernstein, Danilo Masoni, Victoria Waldersee, Josephine Mason, Thomas Leigh, Michel Rose, Sharon Singleton, David Holmes Organizations: REUTERS, EV, HK, European Commission, Renault, Volkswagen, BMW, Mercedes, Benz, Porsche, carmakers Renault, Thomson Locations: Berlin, Germany, Beijing, China, Europe, France

☆ EU to investigate 'flood' of Chinese electric cars, weighing tariffs
▼ + stars: | 2023-09-13 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +6 min

"Global markets are now flooded with cheaper electric cars. It is also unusual in that it is brought by the European Commission itself, rather than in response to an industry complaint. GRINDING GEARSThe influx of cheaper Chinese electric vehicles has already prompted some European carmakers to take action. At the same time Von der Leyen stressed the importance of electric vehicles to the EU's ambitious environmental objectives. The founder of Nio warned in April that Chinese EV makers should brace for the possibility that foreign governments would impose protectionist policies.

Persons: Ursula von der Leyen, BYD, EVs, Nio, Mercedes Benz, Stellantis, France's, Tesla, VDA, Von der Leyen, Simone Tagliapietra, Kingsmill Bond, Foo Yun Chee, Philip Blenkinsop, Kim Miyoung, Brenda Goh, Anne Marie Roantree, Nick Carey, Kate Abnett, Gabriela Baczynska, Louise Heavens Organizations: EU, Investigation, European EV, European Commission, European Union, Renault, BMW, HK, China Passenger Car Association, Dynamics, Volvo, EV, VW, France's Renault, Japan, Rocky Mountain Institute, Thomson Locations: BRUSSELS, Brussels, China, Moscow, Ukraine, Germany, France, Europe, U.S

☆ Mercedes-Benz's $100,000 electric SUV is an awesome Tesla rival — but its blob-like looks aren't for everyone
▼ + stars: | 2023-09-13 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove Mercedes-Benz's new electric SUV: the EQE SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. The 2023 Mercedes-Benz EQE 500 4MATIC SUV. AdvertisementAdvertisementThe 2023 Mercedes-Benz EQE 500 4MATIC SUV.

Persons: Mercedes, Tim Levin, I'm, anyone's, Elon Musk's, Tesla, iX, fanny, that's Organizations: Mercedes, Service, Benz, Subaru, BMW, Tesla's, EV Locations: Wall, Silicon, Stuttgart, Elon

☆ UBQ Materials raises $70 million in private funding round
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

JERUSALEM, Sept 13 (Reuters) - Israel's UBQ Materials, which converts household waste into thermoplastic material, said on Wednesday it raised $70 million in a private funding round led by Eden Global Partners. Existing investors in the company, including TPG Rise Climate, TPG’s Rise Fund, Battery Ventures, and M&G’s Catalyst strategy, also participated in the funding round. UBQ said the funds will be used for its global expansion, such as additional facilities in Europe and North America, alongside the soon to open facility in Bergen Op Zoom, Netherlands. UBQ noted that its bio-based thermoplastic that is made from residual waste serves as a sustainable alternative to fossil-based plastics. UBQ converts residual household waste diverted from landfills or incineration, including all organics, into an thermoplastic material that is both climate-positive and highly recyclable.

Persons: UBQ, Steven Scheer Organizations: Eden Global Partners, TPG, Battery Ventures, Mercedes, Benz, PepsiCo, Thomson Locations: Europe, North America, Bergen, Netherlands

☆ German engineering production to fall further in 2024- VDMA association
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing RightsBERLIN, Sept 12 (Reuters) - Germany's engineering association (VDMA) expects production in the sector to extend its decline next year, falling 2% dragged by weak orders domestically and abroad, its Chief Economist Ralph Wiechers said. Wiechers confirmed VDMA production forecast for 2023 of a 2% drop, adding that losses in the second half of the year would eat up the 1.7% growth recorded in the first six months. "2024 will be a kind of transition year," Wiechers told Reuters. German exports to China grew by 4.4% in the first half of the year but growth was still significantly less than in the United States where sales rose by 21.6%. Reporting by Tom Kaeckenhoff; Writing by Riham Alkousaa; Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Kuka, Mercedes Benz, Kai Pfaffenbach, Ralph Wiechers, Wiechers, Tom Kaeckenhoff, Riham Alkousaa, Tomasz Janowski Organizations: Daimler, REUTERS, Rights, Reuters, Thomson Locations: Rastatt, Germany, Ukraine, China, United States

☆ The world’s biggest national park is larger than most countries
▼ + stars: | 2023-09-12 | by ( Joe Yogerst | ) edition.cnn.com time to read: +8 min

Sagarmatha National Park in Nepal safeguards the southern slopes of Mt Everest, the world’s highest peak at 8,849 meters (29,032 feet). Venezuela’s Canaima National Park is home to Angel Falls, the world’s tallest waterfall at 979 meters (3,212 feet). Larger than Delaware and roughly the same size as Wales, Yellowstone was considered huge when it became the world’s first national park in 1872. North AmericaSprawling across nearly half of the world’s largest island, Northeast Greenland National Park is currently the globe’s single largest national park and biggest land-based protected area. Imaginechina Limited/Alamy Stock PhotoDespite being the largest continent, Asia has fallen behind in the race for the world’s largest national parks.

Persons: Venezuela’s, there’s, ”, Mette Pike Barselajsen, Mercedes, China’s, Martin Harvey, Naukluft, it’s, Claire Christian Organizations: CNN, National, United Nations, Nanu, South America, Colombia Oculta, Simpson, Mercedes Benz G, Imaginechina, Bank, Getty, Conservation, Antarctic & Southern Ocean Coalition, Antarctic Locations: Nepal, Mt, Angel Falls, Angkor, Cambodia, Delaware, Wales, Yellowstone, North America, Greenland, Ittoqqortoormiit, “, East Greenland, South, Patagonia, Colombia, Australia, South Australia, Asia, Qinghai Province, Europe, Africa, Africa’s, Zambia, Zimbabwe, Mozambique, Angola, Namibia, Antarctica

☆ CNBC Pro Talks: Planning your successful financial life from the Future Proof wealth festival
▼ + stars: | 2023-09-12 | by ( Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Planning your successful financial life from the Future Proof wealth festivalCNBC Pro is live at the Future Proof wealth festival with a panel of top advisors to help you build your investment portfolio for the long term. CNBC's senior markets correspondent Bob Pisani sits down with Ritholtz Wealth Management's Ben Carlson and Morningstar's Christine Benz and Ben Johnson for groundbreaking ideas on retirement, annuities, asset allocation, tax tips and much more.

Persons: Bob Pisani, Management's Ben Carlson, Morningstar's Christine Benz, Ben Johnson Organizations: CNBC, Ritholtz

CNN —New York Jets quarterback Aaron Rodgers will miss the rest of the 2023 NFL season after suffering a complete tear of his left Achilles tendon, according to multiple sources. CNN has reached out to the Jets and Rodgers’ representatives for details. He was attended to by Jets medical staff before being helped off the field at MetLife Stadium in East Rutherford, New Jersey. Quarterback Aaron Rodgers, making his debut with the New York Jets, is sacked by Buffalo Bills defensive end Leonard Floyd. The Jets built absolutely everything in their team, in their season, the entire organization shaped around Aaron Rodgers and he deserved it.

Persons: Aaron Rodgers, Rodgers, Robert Saleh, Leonard Floyd, Quarterback Aaron Rodgers, Elsa, Christian McCaffrey, Justin K, Hayden Hurst, Richie Grant, Dale Zanine, Jakobi Meyers, Denver Broncos CB Damarri Mathis, Ron Chenoy, Joe Burrow, Grant Delpit, Sue Ogrocki, Deven Thompkins, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, TJ Watt, Brock Purdy, Matt Freed, Patrick Mahomes, Jay Biggerstaff, Zach Wilson, Xavier Gipson, Mike Greenberg, Seth Wenig, ” Greenberg, ” Organizations: CNN, New York Jets, Jets, ” Jets, Buffalo Bills, Bills, MetLife, NFL, Green Bay Packers, San Francisco 49ers, Pittsburgh Steelers, Acrisure, Getty Images Carolina Panthers, Atlanta Falcons, Benz, Falcons, USA, Network, Reuters Las Vegas Raiders, Denver Broncos CB, Raiders, Reuters, Cincinnati Bengals, Cleveland Browns, Browns, Tampa Bay Buccaneers, Minnesota Vikings, US Bank, Los Angeles Chargers, JK, Miami Dolphins, Chargers, Dolphins, Reuters Baltimore Ravens, Houston Texans, Baltimore, Texans, Getty Images Pittsburgh Steelers, Niners, Kansas City Chiefs, Detroit Lions, ESPN Locations: East Rutherford , New Jersey, Pennsylvania, Minneapolis, Missouri, New York City , Washington, DC, Shanksville , Pennsylvania

☆ Hip-hop stars and financial luminaries: Ritholtz Wealth Management redesigns the investment conference
▼ + stars: | 2023-09-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Surf City USA —for a financial conference. A financial conference on a beach? Reinventing the financial conferenceWelcome to FutureProof, billed as "the largest gathering of top-tier wealth management professionals, CEOs, CTOs, COOs, and fast-growing financial advisors." It's the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. "Coming out of the pandemic, it was obvious to us that the traditional financial conference was past its sell-by date," Ritholtz told me.

Persons: Tang, Redman, They're, Jeremy Siegel, Jeff Kleintop, Charles Schwab, Emily Roland, John Hancock, Cliff Asness, Jeff Gundlach, maven Jan van Eck, Barry Ritholtz, Josh Brown, Ritholtz, FutureProof, You'll, Goldman, Goldman Sachs, Morgan Stanley, JP Morgan, RIAs, Dan Ives, Scott Wapner, Siegel, Morningstar, Christine Benz, Jeffrey Ptak, Ben Johnson, podcasters Michael Batnick, Ben Carlson, Wu, Tang Clan Organizations: Wharton, Ritholtz Wealth Management, Chiropractic, Health, Investment Advisors, CNBC, Financial Locations: Huntington Beach , CA, Huntington Beach , California, Surf, Huntington Beach, AQR, DoubleLine, FutureProof, COOs, Wells, Wedbush, Young

☆ Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla
▼ + stars: | 2023-09-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are looking to bolster the tech in their cars. Ramping up technology features is also essential to meet buyer expectations in China. Driverless features pushA big part of the focus of Tesla technology has surrounded its Autopilot ADAS. No car can operate autonomously — at least from a legal perspective — but automakers are ramping up the driverless features and capabilities. watch nowMore traditional automakers are looking to catch up in the area of driverless features.

Persons: Arjun Kharpal, You'd, Tesla, Mohit Sharma, That's, Xingji, Lucid Organizations: Amazon, IAA, Qualcomm, Samsung, CNBC, CCS Insight, Benz, Swedish EV, Polestar, BMW, Neue Locations: Munich, China, Swedish, U.S

☆ CHART OF THE DAY: The US is importing more goods from Mexico than China for the first time since 2003
▼ + stars: | 2023-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The US is importing more goods from Mexico than China for the first time since 2003. The reversal in trend comes as economic tensions between the US and China remain heightened. US companies have been diversifying their production out of China amid geopolitical tensions. The reversal of a decades long trend comes amid heightened economic tensions between the US and China, and as geopolitical tensions flare. Over the summer, computer maker HP said it would shift its production of millions of laptops to Thailand and Mexico from China.

Persons: Ford Organizations: Service, Bank of America, HP, General Motors, Chrysler, Kia Motors, Volkswagen, Nissan, Mercedes, Benz Locations: Mexico, China, Wall, Silicon, Thailand, Asia, Taiwan, Russia, Ukraine

☆ Volvo's Russian assets transferred to Russian investor - industry ministry
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +2 min

The Volvo logo is seen in truck for sale in Linden, New Jersey, U.S., May 23, 2022. REUTERS/Andrew Kelly/File photo Acquire Licensing RightsMOSCOW, Sept 8 (Reuters) - Swedish truck maker Volvo AB's Russian assets (VOLVb.ST) have been transferred to an undisclosed Russian investor, the Ministry of Industry and Trade said in a statement. Volvo suspended all sales, service and production in Russia in February 2022, and said last October that further write-downs might be necessary. In 2021, Russia accounted for about 3% of its net group sales of about 372 billion Swedish crowns ($33.4 billion). The invasion triggered a host of Western economic sanctions, and threats by Russia to seize Western businesses based there.

Persons: Andrew Kelly, Igor Kim, Alexei Sannikov, Kim, Kevin Liffey, David Evans Organizations: Volvo, REUTERS, Rights, Ministry of Industry, Trade, carmakers Volkswagen, Mercedes, Benz, Nissan, Toyota, Renault, BMW, Kia, Hyundai, Reuters, Thomson Locations: Linden , New Jersey, U.S, Swedish, Russia, Kaluga, Ukraine

☆ From BMW to Porsche: Take a look at the cars on display at one of the world's biggest auto shows
▼ + stars: | 2023-09-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

BMW Vision Neue KlasseBMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Mercedes-Benz Vision One ElevenThe Mercedes-Benz Vision One Eleven on display at the IAA Mobility show in Munich, Germany. GTI ConceptThe all-electric Volkswagen ID GTI Concept car on display at the IAA Mobility 2023 show in Munich, Germany. Porsche Mission XThe Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Lego Lamborghini Sián FKP 37A Lego version of the Lamborghini Sián FKP 37 on display at IAA Mobility 2023 in Munich, Germany.

Persons: Olaf Scholz, Ola Källenius, Mercedes, Sven Hoppe, Arjun Kharpal, Leapmotor, Zhu Jiangming, BYD, Warren Buffett, Kharpal, Lucid, Cyberster Organizations: Management, Mercedes, Benz AG, Getty, Mobility, BMW, Neue, CNBC, Benz, IAA, Leapmotor, Opel, CNBC Stellantis, Air, Volkswagen, IAA Mobility, Porsche, Carrera GT, Shanghai Auto, Lamborghini Locations: Munich, GERMANY, Germany, Xpeng, BYD, Hangzhou, Europe

☆ Tesla rival Polestar plans own smartphone launch alongside its first electric vehicle in China
▼ + stars: | 2023-09-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Vcg | Visual China Group | Getty ImagesMUNICH — Swedish electric vehicle maker Polestar plans to launch a smartphone in December alongside deliveries of its first car to be released in China, the company's CEO told CNBC. It will be the company's first car to be delivered in China, as it ramps up expansion in the world's biggest electric vehicle market. Alongside that, Polestar will take the unusual move of launching a smartphone carrying the brand's name. It stems from a joint venture created in June between Polestar and Xingji Meizu, a Chinese smartphone maker owned by Chinese auto giant Geely . And the Polestar smartphone would not be an attempt to grow market share.

Persons: Thomas Ingenlath, Polestar, Xingji, Meizu, Ingenlath, It's, Neil Shah, Shah Organizations: HK, Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, MUNICH, CNBC, Apple, EV, Counterpoint Research, BMW, Mercedes, Benz, Porsche Locations: Shanghai, China, Swedish, Polestar, German

☆ Federal safety regulators push to recall 52 million air bags
▼ + stars: | 2023-09-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Federal safety regulators are pushing to get 52 million air bags recalled due to the threat that they could explode, severely injuring or even killing a car’s occupants. About 11 million of the air bags were manufactured by Delphi under a licensing agreement with ARC. It also did not give an estimate for how many vehicles contain the air bags, since most vehicles have multiple air bags. The agency did not say how many cars may have more than one of the air bags it wants recalled. The number of air bags still in use is less than the 67 million that NHTSA estimated earlier this year.

Persons: ”, Takata, —, Ramishah Maruf Organizations: New, New York CNN, Federal, Traffic Safety Administration, ARC, Delphi, General Motors, Ford, Toyota, Hyundai, Kia, Benz, BMW, Volkswagen, NHTSA, GM, Chevrolet Traverse, GMC Acadia, “ Locations: New York, United States, Canada

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