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☆ Bullish on the consumer despite slow traffic at the start of November, says TD Cowen's John Kernan
▼ + stars: | 2024-11-15 | 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 EmailBullish on the consumer despite slow traffic at the start of November, says TD Cowen's John KernanJohn Kernan, TD Cowen managing director and retail analyst, joins 'Money Movers' to discuss how important Chinese exposure is for retail companies, how to distinguish between retail winners and losers, and much more.

Persons: Cowen's John Kernan John Kernan, TD Cowen

☆ 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

☆ Quarterback clashes and spiraling squads: Five things to look out for in Week 11 of the NFL season
▼ + stars: | 2024-11-15 | by ( Andy Scholes | ) edition.cnn.com time to read: +5 min

CNN —It’s tough, tough times for some NFL fanbases as we enter Week 11 of the season. All of them had high hopes for this season but it has certainly not worked out that way. Ed Zurga/APThe Chiefs are 9-0 this season but could have easily lost to the Ravens, Bengals, Falcons and Broncos. Now or never for the JetsIt’s been a theme for weeks, but this Sunday’s game is an absolute must-win for the New York Jets. Jackson has been the AFC offensive player of the week for three weeks straight and his numbers are eye-popping.

Persons: CNN —, Allen, Patrick Mahomes, Josh Allen, Buffalo . Allen, Mahomes, Ed Zurga, Caleb Williams, Shane Waldon, Mike Dinovo, Thomas Brown –, –, Brown, Tory Taylor, Williams, Kyler Murray, Joe Camporeale, Anthony Richardson, benching, Joe Flacco, Aaron Rodgers, Jayne Kamin, Jim Harbaugh, Quarterback Justin Herbert hasn’t, Herbert, Joe Burrow, Burrow, Jackson’s, Jackson, Kevin Sabitus, Lamar Jackson, He’s, “, ” Jackson, he’s, weren’t, it’s, ” Organizations: CNN, NFL, The Cowboys, Jets, Browns, Kansas City Chiefs, Bills, Chiefs, Ravens, Bengals, Falcons, Broncos, Denver, OC, The Chicago Bears, USA, Sports, Reuters, Carolina Panthers, Bears, Carolina, Green Bay Packers, Green, New York Jets, Arizona Cardinals, Cardinals, Colts, Chargers, Tennessee Titans, Los Angeles Chargers, Quarterback, Football, Cincinnati Bengals, Baltimore Ravens, AFC, Pittsburgh Steelers, NFC, Steelers, “ Locations: Buffalo ., Chicago, Williams, New York, Arizona

☆ Inside the secretive operation helping manage billionaire Steve Schwarzman's vast fortune
▼ + stars: | 2024-11-15 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Schwarzman has called Blackstone his family office, but he has another family office, BI has learned. Inside Schwarzman's secretive family office with a name that harkens back to his childhood. The concept of the family office can be traced to the 1838 founding of the House of Morgan to handle J.P. Morgan's fortune. Every family office, however, is just as unique as the wealthy family that's spawned it, he said. Advertisement"The term family office," Sharpe said, "is possibly the most misused, overused, and poorly used term in finance today."

Persons: Steve Schwarzman, Schwarzman, Blackstone, —, Averell Harriman, Harriman, Brown, Harry Truman, Donald Trump, Christine Hearst Schwarzman, Gwen Stefani, Theo Wargo, Pennypack, Steve Schwarzman's, Blackstone Schwarzman, Pete Peterson, Marc Sharpe, Michael Dell, Sharpe, they're, Stephen A, John Magliano, Magliano, Paul A ., LLCs, tony Easton, Hearst, Alexi Rosenfeld, Trump's, Stephen Schwarzman, Jabin, Tim Sheehy, Montana, Sheehy, Morgan Organizations: Service, Bloomberg, Ford Motor Co, White, New York Public Library, Metropolitan, Bank of America Securities Financial Services, Blackstone, Vanguard, Family Office Association, Dell Computer, BI, Getty, Schwarzman, LinkedIn, Hearst Schwarzman, Art, Federal Communications Commission, MIT, Humanities, Oxford, New York Public, Schwarzman Education Foundation, Tsinghua University, Policy, Washington, Getty Images Locations: New York, Vietnam, Manhattan, Philadelphia, Blackstone, Schwarzman, Pennypack, Delaware, Nantucket , Massachusetts, Nantucket, Schwarzman's, Newport , Rhode Island, Miramar, Wiltshire, England, Newport ., Beijing, China, North America

☆ CNBC Daily Open: Powell’s comments drag investors down to earth from postelection high
▼ + stars: | 2024-11-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Shelby Tauber | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineAfter enjoying the postelection rally, investors are turning their attention to issues like inflation and interest rates again. Powell added that the Fed doesn't need to be "in a hurry to lower rates" because the of "the strength we are currently seeing in the economy." For investors who were riding high on the postelection rally and are now descending to earth, their landing sure feels like a bumpy one.

Persons: Jerome Powell, Shelby Tauber, Powell, Rick Rieder, Rieder, —, Jeff Cox, Brian Evans, Sarah Min Organizations: US Federal Reserve, Fair, Bloomberg, Getty, CNBC, Consumer, Dow Jones, Nasdaq Locations: Dallas , Texas, U.S

☆ Scientists discovered the strangest sea slug in the ocean
▼ + stars: | 2024-11-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

AdvertisementIn 2000, scientists spotted a bioluminescent mollusk in the deep sea. It turned out to be a new species of sea slug that's perfectly adapted to the deep ocean. Researchers from the MBARI dubbed it Bathydevius caudactylus and recently published their findings in the peer-reviewed journal Deep Sea Research Part I.Bathydevius is unlike any sea slug the scientists had ever seen. At first, no one knew how to classify the strange sea slug. A sea slug in the midnight zoneA low-light camera system captured the bioluminescence display of the Bathydevius caudactylus sea slug.

Persons: It's, Bruce Robison, Robison, MBARI, it's Organizations: Aquarium Research Institute, CNN Locations: Monterey Bay , California, Monterey, what's, Oregon, Southern California

☆ American Airlines flight out of Hawaii told to make ‘expedited climb’ to avoid mountains
▼ + stars: | 2024-11-15 | by ( Pete Muntean | ) edition.cnn.com time to read: +1 min

CNN —The Federal Aviation Administration says an air traffic controller’s instructions kept an American Airlines flight from hitting mountains near Honolulu International Airport in Hawaii. The agency is investigating the incident on American flight 298 just after takeoff, bound for Los Angeles early Wednesday morning. “An air traffic controller instructed American Airlines Flight 298 to perform an expedited climb after the crew did not make the assigned turn while departing from Honolulu International Airport,” the FAA says. “The controller’s actions ensured the aircraft remained safely above nearby terrain.”Audio from LiveATC.net captures the Honolulu air traffic controller telling American 298 to “expedite your climb … through terrain” and to turn right. Flight tracking data shows by the time the flight reached the terrain, the flight was at least 1,500 feet above mountain peaks.

Persons: “ Organizations: CNN, Federal Aviation Administration, American Airlines, Honolulu International, Los Angeles, Exchange, Honolulu International Airport, FAA, LiveATC.net Locations: Honolulu, Hawaii, Los, Honolulu’s

☆ It’s not just Democrats. Republicans are working to Trump-proof their climate money
▼ + stars: | 2024-11-15 | by ( Ella Nilsen | Renée Rigdon | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden’s climate law is on the chopping block as Republicans prepare to have full control in Washington. But it’s not just Democrats gearing up to protect the Inflation Reduction Act’s clean energy policies. In other words, if Republicans successfully repeal Biden’s climate and clean energy law, their districts stand to lose the most. Conservative groups and companies who are using the clean energy tax credits are already starting to lobby lawmakers to save them. “To demonstrate that these tax credits are really a net profit for the economy, that really is the name of the game.”

Persons: Joe Biden’s, it’s, Donald Trump, Buddy Carter, Trevor Houser, Trump gunning, ” Houser, Carter, Mike Johnson, Johnson, “, ”, Richard Hudson —, —, Adrian Deveny, they’ll, Heather Reams Organizations: CNN, Republican, ” Republican, Republicans, Massachusetts Institute of Technology, Congressional Republicans, Trump, Hyundai EV, Hyundai, North Carolina Rep, Toyota, MIT, Climate Vision, Conservative, Citizens, Responsible Energy Solutions Locations: Washington, Georgia, Carter’s Georgia

☆ Japanese Princess Yuriko, oldest member of imperial family, dies at 101
▼ + stars: | 2024-11-15 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

Tokyo (AP) — Japanese Princess Yuriko, the wife of wartime Emperor Hirohito’s brother and the oldest member of the imperial family, has died after her health deteriorated recently, palace officials said. Yuriko died Friday at a Tokyo hospital, the Imperial Household Agency said. Imperial Household Agency/APThe 1947 Imperial House Law, which largely preserves conservative prewar family values, allows only males to take the throne and forces female royal family members who marry commoners to lose their royal status. She enjoyed exercise in the morning while watching a daily fitness program on television, the Imperial Household Agency says. Her overall condition deteriorated over the past week, the Imperial Household Agency said.

Persons: Yuriko, Emperor Hirohito’s, Prince Mikasa, Hirohito, Emperor Naruhito, Princess Yuriko, Prince Hisahito —, Emperor Naruhito — Organizations: Tokyo, Imperial Household Agency, Law Locations: Tokyo

☆ Woman told House Ethics Committee she saw Gaetz have sex with a minor, lawyer says
▼ + stars: | 2024-11-15 | by ( Casey Gannon | Kaanita Iyer | ) edition.cnn.com time to read: +3 min

CNN —The attorney who represents two women who were witnesses in the House Ethics Committee probe into former congressman Matt Gaetz said Friday that one of his clients told the panel she saw the congressman having sex with a minor. “My client testified to the House Ethics Committee that she witnessed Matt Gaetz having sex with a minor,” said attorney Joel Leppard, whose clients sat for closed-door testimony before the committee as part of the now-dropped investigation into the Florida Republican. The Justice Department deemed the files too sensitive to release even to the House Ethics Committee. And House Speaker Mike Johnson said Friday he does not think the panel’s findings should be released and that he was “going to strongly request” the committee not do so. CNN’s Hannah Rabinowitz, Evan Perez, Annie Grayer, Manu Raju and Lauren Fox contributed to this report.

Persons: Matt Gaetz, ”, Joel Leppard, ” Gaetz, Gaetz, “ Merrick, Donald Trump, Gaetz’s, Leppard, Mike Johnson, Trump, Pete Hegseth, CNN’s Hannah Rabinowitz, Evan Perez, Annie Grayer, Manu Raju, Lauren Fox Organizations: CNN, Florida Republican, ABC News, Department of Justice, Senate, DOJ, Justice Department, Democrats, Republicans, Fox News Locations: Florida

☆ Jamie Dimon on not getting a job under Trump: 'I haven't had a boss in 25 years and I'm not about ready to start'
▼ + stars: | 2024-11-15 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Donald Trump sent a public message to Jamie Dimon, telling the CEO he would not be part of the Trump administration. Trump previously said he'd consider Dimon for the role of treasury secretary, then walked back the comment. AdvertisementJPMorgan Chase CEO Jamie Dimon has no hard feelings about not being part of President-elect Donald Trump's new administration. "I haven't had a boss in 25 years and I'm not about ready to start," he said on Thursday in response to being told Trump was not inviting him to be treasury secretary. "I have a lot of respect for Jamie Dimon," Trump said in an interview with Bloomberg Businessweek published in July.

Persons: Donald Trump, Jamie Dimon, Trump, Dimon, hasn't, —, Donald Trump's, I'm, Larry Fink, Matt Gaetz, Sen, Marco Rubio, Elon Musk, Vivek Ramaswamy Organizations: Service, JPMorgan, Economic Cooperation, Summit, Trump, Bloomberg Businessweek, Treasury, Department of Government Locations: Asia, Peru, New York, Florida

☆ 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

☆ Dollar eyes weekly gain on slower Fed easing, inflation outlook
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +4 min

The euro was in turn on track for its worst weekly performance in seven months with a fall of 1.75%. Sterling traded 0.02% lower at $1.2666 and was similarly set to lose 2% for the week, its worst weekly fall since January 2023. Higher trade tariffs and tighter immigration under President-elect Trump's incoming administration are projected to fuel inflation, potentially slowing the Fed's easing cycle longer term. The yen was last 0.2% lower at 156.57 per dollar, on track for a weekly decline of 2.5%. Elsewhere, the Australian dollar eased 0.06% to $0.6450 and was set to lose just over 2% for the week, its worst weekly performance in four months.

Persons: Donald Trump's, Sterling, Jerome Powell, Carol Kong, CBA's, bitcoin, Joshua Chu Organizations: Traders, Commonwealth Bank of Australia, U.S ., Treasury, New Zealand, Hong Kong Web3 Association Locations: U.S, CBA's Kong

☆ Georgia: Protesters storm parliament in breakaway region of Abkhazia over Russia deal
▼ + stars: | 2024-11-15 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Protesters stormed the parliament of the Russian-backed breakaway Georgian region of Abkhazia on Friday and opposition politicians demanded the resignation of the self-styled president over an unpopular investment agreement with Moscow. Protesters used a truck to smash through the metal gates surrounding the parliament in the capital Sukhumi. Eshsou Kakalia, an opposition leader and former deputy prosecutor general, said the parliament building was under the control of the protesters. “We will now seek the resignation of the current president of Abkhazia,” he was quoted by Russia’s Interfax news agency as saying. Protesters also broke into the presidential administration offices located in the same building as the parliament.

Persons: Russia’s, Protesters, Maxim Reshetnikov, Kristina Ozgan, Aslan Bzhania, Alexander Ankvab, Raul Khadzhimba Organizations: CNN — Protesters, Protesters, Russia’s Interfax, Russian Economy, Abkhazian, Russian Locations: Russian, Georgian, Abkhazia, Moscow, Sukhumi, ”, Russia, South Ossetia, Georgia, Soviet

☆ McDonald's wants to make flatulent cows less of a problem for the environment
▼ + stars: | 2024-11-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Burgers at McDonald's could soon involve fewer greenhouse gas emissions thanks to a new cattle feed. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. McDonald's is working with seed company Syngenta and Lopez Foods, one of McDonald's meat suppliers, to feed cattle Syngenta's Enogen corn, the companies said in a statement on Thursday. Related Video How McDonald's is using data and its loyalty program to make new promotions like the adult Happy MealThat easy digestibility could mean fewer greenhouse gases, which contribute to global warming. McDonald's global sales were down during the company's third quarter as many consumers saved money by eating at home.

Persons: chow, Syngenta, Lopez, Enogen, McDonald's, It's, McDonald's Kendra Levine Organizations: Service, Mac, Lopez Foods, Environmental Protection Agency, Sustainability, McDonald's Locations: McDonald's

☆ Analysis of Chang’e-6 lunar samples reveals first detailed information about moon’s far side
▼ + stars: | 2024-11-15 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

Lunar samples from the Chang'e-6 mission could help explain differences between the near and far side of the moon. Li and his team studied 108 basalt fragments contained in two small samples of the lunar far side soil. Future Chang’e-6 sample researchThe Chang'e-6 probe's return capsule, which contained lunar samples from the moon's far side, is shown on June 25 after landing in China's Inner Mongolia Autonomous Region. Xinhua/ShutterstockThese initial analyses of the lunar soil samples raise questions that will take more time and the study of additional samples to address, Neal said. The space agency declined to comment on the studies but said it is coordinating with US researchers who applied for access to Chang’e-5 lunar samples.

Persons: NASA’s, Russia’s Luna, Clive Neal, China’s Chang’e, ” Neal, ”, Richard W, Carlson, ” Carlson, Qiu, Li, Neal, Bill Nelson, CNSA Organizations: CNN, NASA, Arizona State University, University of Notre Dame, Chang’e, Carnegie Institution, Planets Laboratory, State Key Laboratory, Chinese Academy of Sciences ’, of Geology, Geophysics, Mongolia Autonomous, Xinhua, China National Space Administration, Apollo, FBI, ” NASA Locations: China, Washington , DC, Xinhua, Mongolia, Mongolia Autonomous Region

☆ Former French president calls for a united Europe after Trump election win
▼ + stars: | 2024-11-15 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

French President Francois Hollande delivers a speech as he attends the inauguration of the new 'Sud Europe Atlantique' (South Europe Atlantic) high-speed rail line, linking Tours and Bordeaux, on February 28, 2017, in Villognon, central France. Yohan Bonnet | AFP | Getty ImagesFormer French President François Hollande underlined the importance of Europe sticking together in the face of U.S. protectionism on issues like security and trade. This would come at a time when traditional economic powerhouse Germany is dealing with an economic malaise and a political vacuum after its coalition government collapsed. "This is what France, Germany, Poland and the United Kingdom, the four main countries that invest in defense, will do. If these four countries react together, both in relation to the security issue, the Ukraine issue and even the trade issue, then Europe will be respected.

Persons: Francois Hollande, Yohan Bonnet, François Hollande, Donald Trump's, Hollande, CNBC's Charlotte Reed, Trump, Donald Trump Organizations: Europe, Europe Atlantic, AFP, Getty, Former, European Union Locations: Europe, Tours, Bordeaux, Villognon, France, U.S, Germany, Ukraine, Poland, United Kingdom

☆ We're overhauling our Bullpen watchlist — 3 stocks are gone, the rest stick around
▼ + stars: | 2024-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City.

Persons: Jim Cramer, Jim, Brian Chesky, Trump, Marvell, Jim chalked, Matt Murphy's, we're, hasn't, Amgen's, it's, Jim Cramer's, Angela Weiss Organizations: Pepsico, RTX, Marvell Technology, Nvidia, AMD, Broadcom, Novartis, JPMorgan Healthcare, Dow Inc, Jim Cramer's Charitable, CNBC, New York Stock Exchange, AFP, Getty Locations: RTX, Russia, Ukraine, Swiss, China, New York City

☆ Trump’s transition team caught off guard by Hegseth allegation
▼ + stars: | 2024-11-15 | by ( Kristen Holmes | Kaitlan Collins | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump’s transition team was in the middle of announcing new Cabinet picks this week when they were informed of a sexual assault allegation about one of his previous selections, Pete Hegseth, stunning several members of Trump’s team who have since raised questions about the viability of his nomination, according to two people close to the situation. Within 48 hours, the heads of Trump’s transition team were brought a complaint about a sexual assault allegation regarding Hegseth. The campaign was brought information that aligns with what Monterey, California, police described as an investigation into “an alleged sexual assault” involving Hegseth on October 8, 2017. Wiles asked Hegseth if there were any other issues the team should be aware of moving forward. One source insisted that despite the surprise, the president-elect and the transition team were moving forward with the nomination at this time.

Persons: Donald Trump’s, Pete Hegseth, Trump’s, Trump, “, Hegseth, Susie Wiles, Wiles, Hegseth wasn’t Organizations: CNN, Fox News, California Federation of Republican Women, Facebook, Trump, Department of Veterans Affairs Locations: Monterey , California, Hegseth, Monterey County

☆ McDonald's to invest over $100 million to speed up recovery after E. coli outbreak
▼ + stars: | 2024-11-15 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +2 min

A Quarter Pounder with cheese, fries and a drink arranged at a McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024. In the wake of last month's E. coli outbreak tied to McDonald's slivered onions, the fast food giant said it will invest over $100 million to boost restaurant sales and speed up the recovery at impacted franchisees. Of that total, $65 million will be invested into supporting owners who have lost business, targeting those in the hardest-hit states. Approximately $35 million will be invested traffic-driving programs, including marketing efforts, according to a memo to owners and employees viewed by CNBC. McDonald's will also be driving "local recovery plans for highly impacted markets" with more details to come in the weeks ahead, the memo said.

Persons: McDonald's, Michael Gonda, Tariq Hassan, Ian Borden Organizations: CNBC, Street Journal, Bloomberg, for Disease Control, CDC, and Drug Administration Locations: El Sobrante , California

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

☆ Palantir surges after announcing its move to Nasdaq
▼ + stars: | 2024-11-15 | 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 EmailPalantir surges after announcing its move to NasdaqCNBC's Melissa Lee and the Fast Money traders—Karen Finerman, Tim Seymour, Julie Biel, and Steve Grasso—discuss Palantir as the stock surged after the company announced that it was moving to the Nasdaq from the New York Stock Exchange.

Persons: Melissa Lee, — Karen Finerman, Tim Seymour, Julie Biel, Steve Grasso — Organizations: Nasdaq, Fast, New York Stock Exchange

☆ Jorge Martin: Swashbuckling bike racer poised to make history in MotoGP season finale
▼ + stars: | 2024-11-15 | by ( Jonathan Hawkins | ) edition.cnn.com time to read: +10 min

In April 2021, he was on a roll following a stunning introduction to life in the premier class of bike racing. Fresh from a pole position and a third place in only his second ever MotoGP race, Martin arrived at the third round of the championship in Portugal believing the world was at his feet. “When I arrived in MotoGP in 2021, I started too good, let’s say,” Martin tells CNN, smiling. Prima Pramac RacingA month later, however, Martin was back on a bike and has steadily improved ever since. Jorge Martin has had three race wins this MotoGP season.

Persons: gasping, Jorge Martin, Pecco, Martin, ” Martin, “, Prima Pramac, ”, ’, –, Pramac, Ducati’s, it’s, …, I’m, Mat Oxley, “ Jorge, ” Oxley, Jorge, That’s, Bagnaia, ” Martin’s, Angel Martin, Susana Almoguera, Jonathan Hawkins, he’s, Valencia Martin Organizations: CNN, MotoGP, Qatar, Prima Pramac Ducati, Prima, Red Bull, Twitter, Solidarity, Aprilia Locations: Portugal, Portimão, ‘, Barcelona, Spain, Valencia, Malaysia, Valencia …

☆ North Korea orders mass production of attack drones after seeing Russia's tactics up close
▼ + stars: | 2024-11-15 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Kim Jong Un has ordered the mass production of attack drones, North Korean media reported. AdvertisementNorth Korean leader Kim Jong Un ordered the mass production of exploding drones on Thursday, according to North Korean state media. Kovalenko also said there were plans to send Russian drone instructors to Pyongyang, the North Korean capital, for further training of North Korean personnel. "North Korea may use these skills for future terrorist actions in the border areas with South Korea," he said. The partnership brings another advantage for North Korea: much-needed live combat experience and technical know-how.

Persons: Kim Jong Un, —, Kim, Kim Jong, AP Kim, Putin, Gavriil, Andrii Kovalenko, Kovalenko, Joseph S, Bermudez Jr Organizations: Service, Business, KCNA, BMW, North Korean, Korean Central News Agency, Korea News Service, AP, Reuters, AFP, Ukraine's Center, North, Center for Strategic, International Studies Locations: Korean, Russia, North Korea, Ukraine, Iran, AFP North Korea, Kursk, Ukrainian, South Korea, Russian, Pyongyang, Korea

☆ Elon Musk's Trump bump keeps growing
▼ + stars: | 2024-11-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

AdvertisementElon Musk's businesses are thriving from his relationship with Trump, boosting his net worth. Musk's AI startup xAI is raising $5 billion, while SpaceX plans a share tender offer, the FT reported. Elon Musk's businesses are booming and that appears to be at least in part the result of his deepening relationship to the now president-elect, Donald Trump. Musk's AI startup xAI is now raising $5 billion in funding, the Financial Times reported. Trump's granddaughter, Kai Trump, said Musk was "achieving uncle status" in an X post on Sunday.

Persons: Trump, Donald Trump, xAI, Musk, Kamala Harris, Vivek Ramaswamy, Ramaswamy, Kai Trump Organizations: Elon, SpaceX, Financial Times, Trump, of Government Locations: Tesla

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