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☆ Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
▼ + stars: | 2024-11-15 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Details on the proposal are scant and some Democrats have called the overtime tax promise "as fake as his tan." "As part of our additional tax cuts, we will end all taxes on overtime," he said at a rally in Tucson, Arizona. Among these, 82.1 million were hourly workers and 15.6 million were salaried workers, the report said. Meanwhile, about 7% of hourly workers and 70% of salaried workers do not qualify for FLSA, the report said. For example, would it be designed as just an income tax or would it be a payroll tax exemption as well?

Persons: Donald Trump, Trump, Karoline Leavitt, Vance, There's, Russ Fulcher, Joseph Rosenberg, FLSA, John Ricco, Alex Muresianu, Muresianu, Rosenberg Organizations: Cobb Energy Performing Arts Centre, Republican, President, Trump, Fair Labor, Brookings Tax, Department of Labor, FLSA, Yale, Lab, Tax Foundation, Social Security Locations: Atlanta , Georgia, U.S, Tucson , Arizona, Idaho, Alabama, Wisconsin, DOL

☆ Opinion | How to Be a Writer in the Second Age of Donald Trump
▼ + stars: | 2024-11-15 | by ( Roger Rosenblatt | ) www.nytimes.com time to read: +2 min

When I awoke last week to the news that Donald Trump had been elected president once again, my first impulse was to write. In my experience, good writing requires four things: precision of language, the freedom to say anything, respect and — perhaps most important — love. The responsibilities of the writer today are no different from those of any writer in any age. But the presence, character and now considerable power of President-elect Trump make the work of fulfilling those responsibilities all the more difficult and urgent. Precision, freedom, respect and love: These qualities are sorely missing in Mr. Trump and his vision for our country.

Persons: Donald Trump, Trump, Richer Locations: Vietnam

☆ Markets are grappling with the impact of Trump's win and how the Fed will react
▼ + stars: | 2024-11-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

However, he went on to back up Chair Jerome Powell 's statement Thursday that the Fed doesn't need to be "in a hurry" to cut. "I do think if there's disagreement of what's the neutral rate, it does make sense at some point to start slowing." Getting to neutral, or a place that neither boosts nor restrains growth, is the Fed's ultimate goal, but Trump's victory could complicate the journey. The burst of euphoria after Trump's win actually complicates the situation by providing looser financial conditions that might make the Fed slower to ease. In any event, traders see a high likelihood that even if a December cut does happen, the Fed almost certainly will skip January as it assesses the landscape.

Persons: Donald Trump, Austan Goolsbee, Goolsbee, Jerome Powell, Susan Collins Organizations: Trump, Wall, Federal, Chicago Federal, CNBC, Wall Street Journal, Boston Fed, Traders

☆ Next year is already looking rough for retail store closures
▼ + stars: | 2024-11-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

If this year's closures are any indication — and if the economy worsens — they won't be alone. 2025 is still more than a month away, but it's already shaping up to be another rocky year for retail. Analysts at UBS project the total number of US retail closures could reach 45,000 over the next five years. For one thing, even healthy retailers like Walmart and Target periodically review and trim their store fleets in the normal course of business. In any event, the year hasn't even begun, but nearly 1,500 retail closures are slated — already roughly half the amount BI has tracked for full-year totals in recent years.

Persons: —, Topping, Shane O'Kelly, Donald Trump's Organizations: Parts, Walgreens, UBS, Coresight Research, Walmart, Target, Blockbuster

☆ I grew up in Nashville. Here are 7 things I wish tourists knew before they visited.
▼ + stars: | 2024-11-15 | by ( Shaan Merchant | ) www.businessinsider.com time to read: +1 min

If you're going to try the city's famous hot chicken, do it right — and learn some of the history first. Not all Nashville hot chicken is the same. bhofack2/Getty ImagesIf there's one thing that's more synonymous with Nashville than music, it's hot chicken. Today, hot chicken pops up on menus across the city with all sorts of variations, but the dish has a long history in the Black community of Nashville. And I definitely think it's worth making the trip to Prince's to get the original hot chicken.

Persons: It's, Prince, casanova Thorton Prince, Prince Jeffries , Organizations: Nashville Locations: Nashville, Black, Southern foodways, Prince's

☆ Stocks making the biggest moves premarket: Alibaba, Applied Materials, Ulta Beauty and more
▼ + stars: | 2024-11-15 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from analysts polled by LSEG. Berkshire Hathaway bought more than 1.2 million shares, making the investment worth around $550 million at the end of September. Ulta Beauty – Shares slipped 5% after Berkshire Hathaway revealed in a regulatory filing that it had nearly dissolved its position in the beauty retailer, selling around 97% of its shares. Ulta was a new bet for Berkshire, which had just bought the stock in the second quarter.

Persons: Robert F, Kennedy Jr, Donald Trump's, Warren Buffett, Berkshire Hathaway, Ulta, Palantir, Jesse Pound, Lisa Kailai Han, Pia Singh Organizations: Materials, LSEG, Moderna, Department of Health, Human Services, Corp, —, Berkshire, Pool Corp, Nasdaq, New York Stock Exchange Locations: China, Domino's

We've compiled everything you need to know about where to watch UConn vs. UNC, including live streaming options for those without cable. Where to watch UConn vs. UNC in the USThe UConn vs. UNC game will tip off on Friday, November 15 at 6 p.m. The game won't be available on ESPN Plus, but cord-cutters can still catch an ESPN2 live stream through a live TV streaming service. Sling TV is the cheapest way to watch the UConn vs. UNC game. Check price at ExpressVPNHow to watch UConn vs. UNC with a VPNSign up for a VPN if you don't have one.

Persons: Paige Bueckers, We've, we've, ExpressVPN Organizations: Business, UConn, UNC, University of Connecticut, University of North, Huskies, ESPN2, ESPN, DirecTV, ESPN3, DirecTV Stream Locations: North Carolina, University of North Carolina

☆ Amsterdam soccer riots: How a toxic mix of antisemitism, racism and xenophobia culminated in violence
▼ + stars: | 2024-11-15 | by ( Lauren Kent | ) edition.cnn.com time to read: +9 min

Last week, Israeli soccer fans were attacked in the streets, Palestinian flags ripped off walls and antisemitic slurs yelled during riots. But the timeline of how tensions ignited in Amsterdam is different depending on which community you ask. “It’s really so, so manipulative… It only makes everything worse,” Jaïr Stranders, a local theater director and a board member of the Liberal Jewish Community of Amsterdam told CNN. But in Amsterdam, many local Jewish officials as well as the mayor have urged against using that description. “They are Dutch youth,” he noted, adding that Amsterdam is a city of many nationalities and many values that can peacefully coexist.

Persons: Amsterdam CNN —, “ It’s, it’s, It’s, Sheher Khan, ” Khan, “, Itay Garmy, ” Garmy, Amsterdam Mayor Femke, they’re, David, Benjamin Netanyahu, Geert Wilders, Halsema, Mouneb, Khan, Wilders, Jaïr, Stranders, Netanyahu, ” Stranders, ”, Israel, Said Alawi, “ I’m, Abdelaziz Chandoudi, ” Chandoudi, Mohammed Rasool Organizations: Amsterdam CNN, CNN, Maccabi Tel Aviv soccer, Maccabi, Police, Amsterdam Mayor, Getty, Freedom Party, Union, Maccabi fans, Liberal Jewish, Amsterdam, Senior, Moroccan Locations: Amsterdam, Dutch, Gaza, Netherlands, Europe, Israel, Palestine, ”, Anadolu, Amsterdam’s, Morocco, Noord, Holland

☆ How Mike Tyson, 58, is preparing to fight Jake Paul, who is almost half his age
▼ + stars: | 2024-11-15 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +3 min

AdvertisementMike Tyson, 58, is set to fight Jake Paul, 27, at Dallas' AT&T stadium on Friday. Paul, meanwhile, trains up to six times a week and eats whole foods. Mike Tyson, 58, is preparing to fight Jake Paul, 27, on Friday at 8pm Eastern Time at Dallas' AT&T stadium. Tyson quit being veganWhile Tyson used to be a vegan, he now enjoys eating meat when training for a fight, he told Van Susteren. Jake Paul eats luxury proteinTyson's opponent, Jake Paul, has been training hard too.

Persons: Mike Tyson, Jake Paul, Paul, Tyson, Kevin McBride, he's, Friday's, I've, Stephen McCarthy, Greta Van Susteren, It's, bodyweight, Van Susteren, Paul meditates Organizations: Dallas, Paul, Netflix, Getty, Health

☆ The 60/40 portfolio is back. Here’s what experts think could happen next
▼ + stars: | 2024-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The global 60/40 strategy has seen a 27% cumulative return since 2022 through Oct. 31, according to Vanguard data. Traditionally, stocks and bonds move in opposite directions, which helps lower the volatility of this traditional portfolio. But that didn't work in 2022, when stocks and bonds both suffered and the 60/40 tanked, which had many declaring the strategy dead. The 60/40 portfolio tends to be shorthand for a balanced, diversified portfolio, with specific allocations based on investors' individual needs. For instance, Morningstar's index that reflects a 60/40 portfolio is up about 15% year to date.

Persons: Todd Schlanger, it's, Dan Lefkovitz, Morningstar, Lefkovitz, doesn't, Amy Arnott, Price, Jared Woodard, Woodard, Morningstar's, Vanguard's Schlanger, Schlanger, … Organizations: Vanguard, Morningstar, Commodities, Bank of America, Fund, Bloomberg U.S, U.S .

☆ What to know about boxing’s controversial fight between Mike Tyson and Jake Paul
▼ + stars: | 2024-11-15 | by ( Eduardo Tansley | ) www.nytimes.com time to read: +8 min

Squid Game, Stranger Things and Bridgerton were all Netflix originals — next up for the streaming giant is Mike Tyson versus Jake Paul in the ring. Purists will regard the card’s co-main event as the truer form of boxing — and the better quality fight. While there has yet been no official announcement, Tyson and Paul are expected to start their ring walks at approximately 11pm ET (4am UK). At Wednesday’s pre-fight news conference, Paul jokingly wore ear covers. When asked in August why he was getting back in the ring, Tyson responded: “I don’t know, that’s the funny question.

Persons: Mike Tyson, Jake Paul, Paul, Tyson, Eddie Hearn, Katie Taylor, Hearn, Amanda Serrano, Taylor, Ed Mulholland, Timothy A, Clary, Muhammad Ali, George Foreman, Evander Holyfield —, —, Kevin McBride, Roy Jones Jr, “, ”, “ We’ve, YouTuber Ali Eson Gib, Nate Robinson, Tommy Fury, Tyson Fury, Paul isn’t, Donald McRae, ” Tyson, Serrano … Taylor, Serrano, Sarah Stier, Chantelle Cameron, Stevie Morgan, it’s Organizations: IBF, WBC, WBO, Netflix, T, Dallas Cowboys, Texas Department, Getty, WBA, Las Vegas, Wednesday’s, YouTube, UFC, NBA, BBC, British, Guardian Locations: British, Arlington , Texas, U.S, Nevada, Madison, New York, Republic of Ireland, Puerto Rican

☆ Major Trump Media shareholder ARC Global unloads nearly all DJT stock
▼ + stars: | 2024-11-15 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

The Thursday night disclosure to the U.S. Securities and Exchange Commission showed that financial firm ARC Global Investments II and its manager, Patrick Orlando, no longer own more than 5% of Trump Media stock. Trump Media reported in early September that ARC owned over 11 million shares, equating to 5.4% of the company's outstanding stock. In mid-September, a Delaware judge found that Trump Media breached an agreement with ARC and must grant it additional shares. Trump Media, which operates the Truth Social app, suffered a major selloff in late summer and by the end of September was trading near its post-merger lows. But it saw a major stock rally in October that recovered most of those losses.

Persons: Donald Trump's, Patrick Orlando, ARC's, Steven Fineman, Kamala Harris Organizations: U.S . Securities, Exchange Commission, ARC Global Investments, Trump Media, ARC, SEC, Orlando, United Atlantic Ventures, Trump, Republican Locations: Orlando, Delaware

☆ Piper Sandler sees 50% upside for this renewable energy play cashing in on the AI data center power trend
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Bloom Energy may be due for massive gains on the heels of its recent supply agreement with American Electric Power , according to Piper Sandler. Analyst Kashy Harrison upgraded the stock to overweight from neutral and raised his price target by $10 to $20. BE YTD mountain BE, year-to-date On Thursday, Bloom Energy announced that it reached an agreement with AEP to power artificial intelligence data centers and supply up to 1 gigawatt of its products. The company also said that AEP has ordered 100 megawatts of fuel cells, with more orders expected next year. "Given the endorsement of BE's technology from a large utility, agreements with other large players could materialize."

Persons: Piper Sandler, Kashy Harrison, it's, Harrison, Aman Joshi Organizations: Bloom Energy, American Electric Power, BE, AEP

☆ 'Political malpractice' if Trump undoes climate-geared Biden projects, outgoing U.S. energy secretary says
▼ + stars: | 2024-11-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan. A potential decision by Donald Trump to walk back the Biden administration's climate-geared projects would impact jobs in areas governed by the President-elect's own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington's green transition policies. "We are now building all of these projects. We're building batteries for electric vehicles, we're building the vehicles, we're building the offshore wind turbines, we're building the solar panels. When asked for a response on Granholm's comments, Karoline Leavitt, a spokeswoman for Trump's transition team, said the president-elect will "deliver" on the promises he made on the campaign trail.

Persons: Energy Jennifer Granholm, Donald Trump, Jennifer Granholm, Trump's, Granholm, CNBC's Dan Murphy, Joe Biden's, Law —, Karoline Leavitt Organizations: Energy, Conference, Biden, U.S . Energy, CNBC, Law, Republican Locations: Baku, Azerbaijan, Paris, U.S, Washington

☆ Miss Universe 2024: See all the best national costumes
▼ + stars: | 2024-11-15 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

At Miss Universe 2024, it was all those things — and much more — as the annual pageant kicked off with its flamboyant national costume competition Thursday evening. Raquel Cunha/ReutersThe first person of First Nations heritage to represent Canada at Miss Universe, Ashley Callingbull wore a multi-tiered gown equipped with flashing lights. Hector Vivas/Getty ImagesMiss Jamaica, Rachel Silvera, paid homage to the female pioneers of dancehall music. Hector Vivas/Getty ImagesMiss Malta, Beatrice Njoya, became the first ever Miss Universe contestant to reach the finale in their 40s, after the pageant lifted a longstanding age limit of 28. Hector Vivas/Getty ImagesMiss Ukraine, Alina Ponomarenko, came in an armored outfit symbolizing "the courage of Ukrainian defenders," the pageant host said.

Persons: Geyssell García, Irene Mukii’s, Chile, Emilia Dides, Sábado Gigante, ”, Miss Ivory Coast Marie, Emmanuelle Diamala’s, Thet San Andersen, Christina Chalk, Sheynnis Palacios, Faith Landman, Hector Vivas, Miss Argentina, Magalí Benejam, Selvinique Wright, Elena Hidalgo, Ky Duyen Nguyen, Fernando Llano, ” Hector Vivas, Juliana Barrientos, Images Miss Kenya, Irene Mukii, Raquel Cunha, Ashley Callingbull, Miss Italy, Glenany Cavalcante, Jamaica, Rachel Silvera, Davin Prasath, Malta, Beatrice Njoya, Sakhile Dube, Alma Cooper, Sam, Alina Ponomarenko Organizations: CNN, Miss, Miss Bangladesh, Anouk, United, Images Miss, Reuters, Nations, Images, Cambodia, San, Santo Locations: Mexico City, Miss Nicaragua, León Cathedral, Kenyan, Miss Ivory Coast, Miss Myanmar, United Kingdom, Sheynnis Palacios of Nicaragua, Delft, Miss Bahamas, Costa Rica, Miss Aruba, Miss Vietnam, Miss Great Britain, Chile, Bolivia, Canada, Ecuador, Tema, San Francisco, Santo Domingo, Colombia, Mexico, Miss Zimbabwe, Miss United States, Images Miss Nicaragua, León

☆ 3 science-backed ways to feel happier and less stressed—in under 10 minutes
▼ + stars: | 2024-11-15 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

Prioritizing your joy can feel like an abstract assignment that, frankly, many of us don't have time for. When work and family obligations are crowding an already stressed schedule, adding one more to-do to your list can feel overwhelming — even if that to-do is supposed to increase your own happiness. Here are three science-backed ways you can boost your mood today. Crossing even the smallest to-do off your list can relieve some of this tension and cause your brain to release dopamine. Scheduling a dentist appointment or vacuuming your rug might not seem like it will bring you joy, but science shows it probably will.

Persons: Vienna Pharaon, Pharaon Locations: Vienna

☆ Philadelphia Eagles pull away in the fourth to defeat Washington Commanders, extend win streak to six
▼ + stars: | 2024-11-15 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +4 min

CNN —The Philadelphia Eagles scored three fourth-quarter touchdowns, including two by star running back Saquon Barkley, to pull away and defeat the Washington Commanders 26-18 on Thursday night at Lincoln Financial Field. Washington opened the scoring in the first quarter with rookie quarterback Jayden Daniels orchestrating a four-play, 58-yard drive to put the Commanders ahead 7-0. It’s not about who’s tougher, but who is tougher longer.’”The turning point in the game came in the fourth quarter. Trailing 12-10, with the Commanders facing a fourth-and-two in field goal range, Washington elected to go for a first down. It was huge because we went down and made it a two-score game.”Zack Baun and Reed Blankenship of the Eagles stop Daniels on the key fourth-down run during the fourth quarter.

Persons: Saquon Barkley, Barkley, Jayden Daniels, Daniels, Austin Ekeler, Brian Robinson, Jalen, Quan Martin, Nick Sirianni, It’s, ” Sirianni, “ Jayden Daniels, ” Zack Baun, Reed Blankenship, Mitchell Leff, Zach Ertz Organizations: CNN, Philadelphia Eagles, Washington, Lincoln Financial, Eagles, NFC East . Washington, Los Angeles Rams, Cowboys Locations: Washington, Dallas

☆ Russia needed armor so badly that its biggest film studio donated 36 Soviet-era tanks that were used as props
▼ + stars: | 2024-11-15 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Mosfilm's head told Putin that it donated 28 T-55 tanks and eight PT-76 tanks to the defense ministry. Mosfilm's website says the studio has over 190 armored vehicles, armored personnel carriers, and self-propelled guns, though it described them as being "disguised" as equipment from various periods. Still, Shakhnazarov's statement comes as Moscow has struggled to maintain its inventory of armored vehicles amid heavy losses in the last two years. Figures from Dutch open-source tracking group Oryx say that Russia has lost 10,888 armored vehicles since the war began, including 3,558 tanks. AdvertisementThe Russian Defense Ministry and Mosfilm did not respond to requests for comment sent outside regular business hours by Business Insider.

Persons: Putin, —, Mosfilm, Karen Shakhnazarov, Vladimir Putin, Shakhnazarov Organizations: Service, Warner Bros, Kremlin, Armed Forces, Royal United Services Institute, Russian Defense Ministry, Business Locations: Russia, Ukraine, Moscow

☆ Cramer says an RFK Jr.-run HHS ultimately won't tank junk food and drug industries
▼ + stars: | 2024-11-15 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC's Jim Cramer said drug and junk food industries aren't necessarily headed for ruin. "Ultimately, if RFK dons jackboots and demands that we don't have vaccines or eat junk food, it probably won't matter," he said. At the same time, Cramer added, Kennedy has taken a hard stance against processed food. Many drug and processed food stocks have already shouldered heavy losses since Trump named Kennedy, including Eli Lilly , Bristol-Myers , Moderna , PepsiCo , J.M. Plus, he continued, drug and junk food stocks aren't particularly good investments during a rate-cutting cycle.

Persons: Robert F, Kennedy Jr, CNBC's Jim Cramer, Donald Trump, Kennedy, it's, Cramer, Kennedy's, Eli Lilly, Smucker, Mills, he's, Trump Organizations: Department of Health, Human Services, RFK, and Drug Administration, Centers for Disease Control, National Institutes of Health, HHS, Trump, Moderna, PepsiCo, J.M Locations: U.S, Bristol, Myers

☆ 'The Golden Bachelorette' stars Joan Vassos and Chock Chapple say learning 'how to argue nicely' is key to a successful marriage
▼ + stars: | 2024-11-15 | by ( Olivia Singh | ) www.businessinsider.com time to read: +6 min

Advertisement"The Golden Bachelorette" stars Joan Vassos and Chock Chapple spoke to Business Insider about their relationship. "The Golden Bachelorette" star Joan Vassos has been receiving non-stop texts since her engagement to Chock Chapple aired on ABC on Wednesday night. During the "Golden Bachelorette" finale, Chock professed his love for Joan and proposed to her in Bora Bora. Gilles Mingasson/DisneyAfter meeting Joan's family in the finale, Chock tells her that he loves her. AdvertisementJoan has considered having a public weddingChock proposing to Joan in the season one finale of "The Golden Bachelorette."

Persons: Joan Vassos, Chock Chapple, they've, Joan, haven't, Jerry Springer, Chock, Gilles Mingasson, Guy, John, Kathy, We've, it's Organizations: ABC, Nation, Disney Locations: Wichita , Kansas, Bora Bora, New York City, Kansas, Maryland, New York

☆ How we're thinking about Eli Lilly after Trump picked obesity-drug critic RFK Jr. to run HHS
▼ + stars: | 2024-11-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Shares of obesity drugmaker Eli Lilly fell more than 4% on Friday, extending a roughly 3% slide in Thursday's session. Ozempic is the posterchild of the fast-growing GLP-1 class, in which Novo Nordisk and Eli Lilly are currently the two dominant players. Bottom line Eli Lilly has been our favorite drug stock for years thanks to its stellar pipeline led by GLP-1s. But, at this point, Kennedy's nomination requires us to be more cautious on Eli Lilly in the near term. Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.

Persons: Eli Lilly, Donald Trump, Robert F, Kennedy Jr, Kentucky Sen, Rand Paul, Kennedy, Trump, Eli Lilly's, John F, Kennedy —, LLY, Eli Lilly's GLP, Jim Cramer, David Ricks, Lilly, It's, Jim, it's, Jim Cramer's, Cristina Arias Organizations: Republican, Department of Health, Human Services, HHS, and Drug Administration, Centers for Disease Control, Medicare, Medicaid, Senate, Democratic, GOP, Media, Novo Nordisk, Moderna, Pfizer, Deutsche Bank, GSK, White, CDC, Street Journal, GLP, Big Pharma, FDA, tirzepatide, CNBC, Company, Pharmaceutical Locations: Washington, Kentucky, Danish, U.S, Alcobendas, Madrid, Spain

☆ Trump called the climate crisis a scam. It could prove a gift to China.
▼ + stars: | 2024-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementPresident-elect Donald Trump has long questioned the reality of the climate crisis, describing it as a "scam" and accusing policies to tackle the crisis of destroying US jobs. AdvertisementChina, as part of its "Belt and Road" initiative to grow its global influence, has provided developing countries with renewable energy technologies, including wind farms. AdvertisementThe US lags China as a clean tech economic power. There are also doubts over how much China is willing to take an international leadership role on climate issues. Assuming a leadership role would likely require China to send money to other countries, said Crowther.

Persons: Donald Trump, —, Herbert Crowther, we're, Lily McElwee, Xi Jinping, Trump, Daniel Araya, Biden, Joe Biden's, Crowther, Xi Organizations: Service, Eurasia Group, Business, Biden, China Studies, Center for Strategic, International Studies, Trump, Getty, Brookings Institute, International Energy Agency, Reuters Locations: Paris, China, New York, Baku, Azerbaijan, Washington ,, Beijing, United States, Gansu Province, Washington , DC, Brazil

☆ Inside Microsoft's struggles with Copilot
▼ + stars: | 2024-11-15 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +23 min

In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. Some of Microsoft's own employees and executives are privately concerned that Copilot won't be able to deliver on its ambitions. Copilot's struggles have created an opening for Microsoft's rivals, some of whom have seized on the opportunity to promote their own agendas. "Now, when Joe Blow logs into an account and kicks off Copilot, they can see everything," said one Microsoft employee familiar with customer complaints. As complaints and questions over Copilot mount, so does the pressure to justify Microsoft's unprecedented level of spending on AI.

Persons: Microsoft's, Satya Nadella, Gartner, Copilot, it'll, Copilot's, Marc Benioff, Benioff, Goldman Sachs, Marc Andreessen, Andreessen Horowitz, Ethan Miller, Jared Spataro, Spataro, —, Joe Blow, Joe, Nadella, Gary Marcus, Marcus, Wile, Coyote, Brontë, Judson Althoff, Jason Zander, Zander, We've, OpenAI, Tasos Katopodis, Steve Jobs Organizations: Microsoft, Venture, Getty, Goldman, BI, Fortune, Excel, Lumen Technologies, Honeywell, Gartner, Wall Street, Initiative, Department of Homeland Security, Employees, San Francisco, Software, Apple, Jobs Locations: Microsoft's, Copilot, New York City

☆ Memecoin gains will fade as crypto rally presses on. Look to these names instead, says Bank of America
▼ + stars: | 2024-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Memecoins have seen some of the biggest gains in the postelection crypto rally, but market leadership could soon flip to more "serious" tokens. "We don't expect the rally to resemble the '17 or '21 bull markets and would fade the rally for 99% of tokens in circulation with no intrinsic value," Shah said in a note this week. "We expect token prices to diverge in the near term as BTC and cash flow-generating tokens that power networks outperform meme tokens." "These tokens power blockchain operating systems, similar to Microsoft Windows, that enable developers to build applications like decentralized exchanges and Web3 platforms on top of them, creating networks with value." Avalanche's AVAX token has gained 36%, and the tokens tied to Uniswap and Polygon have gained 23% and 25%, respectively.

Persons: Memecoins, Donald Trump, Alkesh Shah, Shah, Avalanche's, Memecoin Shiba Inu, Elon Musk, Trump, ", bitcoin, –, Ethereum, It's, it's, — CNBC's Michael Bloom Organizations: Bank of America, BTC, Microsoft Windows, Uniswap, Elon, Government, Securities and Exchange Commission, SEC, Solana Locations: AVAX, Ethereum

One of the more improbable matchups in boxing history is finally here: Mike Tyson vs. Jake Paul on Friday at 8 p.m. “Iron Mike” is a Boxing Hall of Famer who was the undisputed world heavyweight champion from 1987 to 1990. His lone loss is a split decision to boxer Tommy Fury, the half-brother of heavyweight champion Tyson Fury, in 2023. On “Countdown: Paul vs Tyson,” a pre-fight documentary, Tyson described in detail what he went through. I’m just looking forward to fighting.”Tyson on what he would do if he loses the fight: “I’m not going to lose.”

Persons: Mike Tyson, Jake Paul, Mike ”, Tyson, Kevin McBride, Paul, AnEsonGib, Ben Askren, Anderson Silva, Tyron Woodley, Nate Diaz, Mike Perry, Tommy Fury, Tyson Fury, Katie Taylor, Amanda Serrano, Mario Barrios, Abel Ramos, Shadasia, Melinda Watpool, Lucas Bahdi, Armando Casamonica, Bruce Carrington, Dana Coolwell, Whindersson Nunes, ”, “, ” Tyson, ” Paul, someone’s, It’s, I’ve, Nate Robinson, “ I’m Organizations: Netflix, T, Dallas, Boxing Hall of Famer, UFC, WBC, WBO, Texas Department

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