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☆ Restaurant sales are going up. But dining out is on the decline
▼ + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

Restaurant traffic is dipping as consumers make food at home. In that month, traffic at fast food restaurants fell 1.2%, dipped 1.7% for fast casual and dropped 4.7% in full service eateries. Fast food traffic bounced back slightly in September and October, but fast casual and full service traffic remained negative. Restaurant prices increased by 8.6%. But groceries are generally cheaper than restaurant meals.

☆ NHL roundup: Surging Jets tie it late, sink Kraken in OT
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +5 min

With Winnipeg goalie David Rittich pulled for the extra skater, Blake Wheeler scored his 300th career NHL goal on the power play to tie the score with 5.2 seconds left. Jordan Eberle and Brandon Tanev scored for Seattle, which is 5-1-1 in its past seven games. The Kraken took a 2-1 lead on Tanev's goal at 7:02 of the third. Bruins 5, Canucks 2Five different players scored goals and defenseman Hampus Lindholm assisted on three as Boston downed visiting Vancouver for its fourth straight win. Travis Konecny scored the lone goal for the Flyers, who went 0-for-6 on the power play en route to losing their third straight game.

☆ The 2022 election disaster that wasn't: The system worked and Trump-backed candidates are conceding
▼ + stars: | 2022-11-10 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +8 min

The run-up to Election Day 2022 was marred by fears of chaos and refusals to concede. A slew of Trump-backed candidates who rejected the legitimacy of the 2020 election were on the ballot. Election Day went smoothly, and while there were minor issues in places like Maricopa County, Arizona, they were quickly identified and resolved and there were no broader infrastructure problems. Taking a lesson from the 2020 election, cybersecurity and election security officials also stepped up efforts to combat disinformation related to this year's midterms. Crucially, many of Trump's handpicked candidates conceded defeat when their races were called.

☆ Four Ways Transportation Will Change in the Future—Even Elevator Trips
▼ + stars: | 2022-11-09 | by ( Chris Kornelis | ) www.wsj.com time to read: 1 min

As transportation industries look to reduce carbon emissions and keep up with changing regulations, the vehicles and vessels that carry people and products will evolve in the coming decades. Here are four trends experts in their fields see coming. Elevators That Turn LeftDespite their name, there’s no rule that says elevators can only go up and down. Lee Gray, a professor of architectural history at the University of North Carolina at Charlotte, says elevators that also move horizontally have been part of the vertical transportation dream for more than 100 years. It hasn’t become a reality, he says, largely because of the immense costs associated with it.

☆ NHL roundup: Devils top Flames, run win streak to 7 games
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +6 min

The Devils have won seven straight -- their longest winning streak since winning eight straight from Feb. 6-22, 2011. Golden Knights 4, Maple Leafs 3 (OT)Reilly Smith scored his second goal of the game 23 seconds into overtime and visiting Vegas defeated Toronto. Oilers left winger Evander Kane was stable and transported to a local hospital for a procedure following a serious left wrist laceration in the second period. After Jason Robertson gave Dallas a 1-0 lead at 3:06 of the second period, Winnipeg scored four straight goals in the frame. Dallas, which had outscored its opponents 18-6 during a three-game winning streak entering play Tuesday, seemed shellshocked following the results of the second period.

☆ Twitter battles wave of impersonators after launching new paid verification system
▼ + stars: | 2022-11-09 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

CNN Business —Twitter appears to be battling a wave of celebrity and corporate impersonators on its platform who have quickly gamed the company’s new paid verification system, hours after its launch. CNN has confirmed multiple verified Twitter accounts have been suspended by the platform after other users posted screenshots showing misleading content from the accounts. The fake verified accounts had posed as former President Donald Trump, Rudy Giuliani, Nintendo of America, the basketball player LeBron James, the software company Valve and others. Before being suspended, the impostor Nintendo account tweeted an image of the video game character Mario giving the viewer the middle finger. In an interview with CNN, Whelan said he managed to impersonate Trump by repurposing an old, spare account.

☆ Four Ways Traditional Vehicles Could Transform in the Future—Even Elevators
▼ + stars: | 2022-11-08 | by ( Chris Kornelis | ) www.wsj.com time to read: 1 min

As transportation industries look to reduce carbon emissions and keep up with changing regulations, the vehicles and vessels that carry people and products will evolve in the coming decades. Here are four trends experts in their fields see coming. Tugboat DronesEven tugboats are being challenged to go emissions-free. These traditional helper-vessels could also go people-free, some in the industry believe.

☆ Kaedim's founder doesn't play video games — but her startup's use of AI to develop graphics has caught the attention of the former head of PlayStation
▼ + stars: | 2022-11-08 | by ( Jacob E. Robbins | ) www.businessinsider.com time to read: +3 min

"I thought there has to be a secret to doing 3D modeling. She asked game developers how they would approach 3D modeling, thinking they'd have an answer from their experience rendering objects on a screen. It uses machine learning to turn drawings into digital 3D models. Kaedim's plan to take on 3D modeling in the metaverse and digital businessPsoma said that with the rise of the metaverse and digital spaces, the need for 3D modeling has only grown. For example, she said, retailers could use Kaedim's 3D-modeling software to digitize inventory and create online storefronts for customers to interact with.

☆ Space company Astra lays off 16% of workforce as it faces rocket development delay, quarterly losses
▼ + stars: | 2022-11-08 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Astra CEO Chris Kemp speaks inside the company's headquarters during the company's "Spacetech Day" on May 12, 2022. Astra announced Tuesday it would lay off about 16% of its employees as the space company faces a pivot in its rocket development program. The company pivoted on its rocket system over the summer, ending development and flights of its Rocket 3.3 vehicle, in favor of a larger, upgraded Rocket 4.0 vehicle that Astra hopes to debut in late 2023. Astra is now building out its production facility and conducting testing an development of Rocket 4.0. Astra stock is down 94% this year as of Tuesday's close of $0.58 a share.

☆ Twitter suspended comedian Kathy Griffin's account after she changed her name to Elon Musk to make fun of him
▼ + stars: | 2022-11-07 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Comedian Kathy Griffin's Twitter account was suspended after she impersonated Elon Musk. Griffin now joins a range of several celebrities and figures who had their Twitter handles suspended for parodying Musk. Any name change at all from a verified account would lead to "temporary loss of verified checkmark," he added. In a similar case, former NFL punter Chris Kluwe had his verified account suspended when he changed its details to match Musk's profile. Too many bird groups fighting each other internally other at Twitter," Musk wrote.

☆ While Elon Musk said 'comedy is now legal' following his acquisition of Twitter, jokes about the new owner and criticism over his takeover are getting users blocked and suspended
▼ + stars: | 2022-11-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

The day after he purchased Twitter, billionaire Elon Musk posted "comedy is now legal" on the platform. In the days since, parody accounts impersonating Musk and joking about the acquisition have been removed. Musk tweeted on Sunday that unlabeled parody accounts will be "permanently suspended" without warning. The day after he purchased Twitter, Musk posted a tweet saying "comedy is now legal" on the platform, but in the days since his takeover, parody accounts impersonating Musk have cropped up across the site, riffing about the new owner, and getting banned in the process. Musk added that going forward, any change in name at all from a verified account would result in a "temporary loss of verified checkmark."

☆ Twitter could be a new wild card for the midterms
▼ + stars: | 2022-11-07 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

CNN Business —For years, Twitter has been a leader in countering misinformation and protecting elections. But concerns are growing that tumult inside Twitter in the first week after it was acquired by Elon Musk could weaken its safeguards for elections, just before the midterms are set to take place. Musk promised not to alter any of Twitter’s content policies until after the midterms. He tweeted: “Going forward, any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended,” and without warning. The shakeup at Twitter has turned the company itself into an election wildcard.

☆ Biden puts economic record front and center at New Mexico midterms rally
▼ + stars: | 2022-11-04 | by ( Peter Nicholas | Peter Nicholas Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

As an issue, democracy’s preservation pales in comparison to high prices and the economy. In fiery tones Thursday, Biden touted economic gains made since he succeeded former President Donald Trump — or, as he called him, “my predecessor.”“When I took office, this economy was in ruins,” Biden said. On the brink of an election that will decide control of Congress, Biden on Thursday dispensed with the unifying message that underpinned his inaugural address. If enacted, “you put Social Security and Medicare on the chopping block every five years” Biden said. Unable to squeeze inside, more than 100 people waited outdoors and were greeted by Biden before he gave his speech.

☆ The crypto industry is closely watching the midterm elections. Here's what it's looking for
▼ + stars: | 2022-11-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

The midterm elections are next week, and some investors are closely watching the outcome for an idea of how the next Congress's lawmakers will approach cryptocurrency over the following two years. Lawmakers and regulatory agencies have scrambled to sharpen their understanding of the fledgling sector, while the industry itself has beefed up its lobbying. There's a good chance the midterm elections will hardly dent the price action in the days that follow. They say the midterm elections and the new shape of Congress could affect how the legislative process unfolds. While the bear market has dominated headlines this year, the drumbeat for crypto regulation has gotten much louder, providing some comfort to members of the crypto industry.

A New York state judge on Thursday ordered an independent monitor to oversee the Trump Organization's financial statements following allegations that the company has been vastly overstating its assets. In a hearing in state Supreme Court in Lower Manhattan, Trump attorney Chris Kise argued the move was unnecessary and could hamper the company's business. The motion for a preliminary injunction said Trump Organization representatives created a new company with the same name in Delaware six days before James’ office brought the suit. The company then filed paperwork to register Trump Organization II LLC in New York on Sept. 21, the same day the civil action was filed. In a letter to Engoron on Thursday morning, James' office said the trust documents "pertain to ownership and control of the business assets."

Others have ground to a halt, sending companies back to technology that is less sci-fi, but can be deployed more quickly and cost-effectively. Some companies are satisfied their robots are doing the job. The perils of the outdoors are a big problem for delivery robots, in particular. Some people have also raised concerns that delivery robots could block wheelchair access on sidewalks or otherwise get in the way of humans, leading local authorities to limit or prohibit their use. Toronto, for example, last December banned delivery robots.

☆ Lawsuit asks Netflix to release film about 'orgasmic meditation' without 'misappropriated' sexually explicit material
▼ + stars: | 2022-11-03 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

More than a dozen people formerly associated with a wellness company known for “orgasmic meditation” are asking a judge to weigh in on a forthcoming Netflix documentary, saying the film should be released without “misappropriated” sexually explicit material that could show them, their lawyer said Wednesday. The documentary, billed as an investigation into allegations about the company, OneTaste, is set to be released Saturday. It isn't clear if video showing the plaintiffs, who are identified in the suit as "Doe," is included in the movie. In a statement Wednesday, OneTaste CEO Anjuli Ayer described the people "standing up to Netflix" as "brave and powerful." "I join them to call on Netflix to not go forward with a project so fundamentally flawed," Ayer said.

☆ Cryptocurrencies posted strong gains in October. Here’s why investors are optimistic on the rest of the year
▼ + stars: | 2022-11-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Things are looking up for crypto after bitcoin and ether finally climbed enough to post gains for October. Prices were unusually flat for most of the month, but several investors have interpreted that as stability and resilience. Still, investors say that while it may be too early to call a bottom, recovery is in sight. McClurg also a highlighted a recent move of $940 million in bitcoin investors removed from exchanges, calling it a typically bullish signal and an indicator that people are saving their bitcoin rather than selling it. While the central bank continues to dominate investors' attention, the case for bitcoin continues develop for other market participants.

☆ Cowen's Chris Kreuger breaks down what midterm elections mean for your money
▼ + stars: | 2022-11-01 | 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 EmailCowen's Chris Kreuger breaks down what midterm elections mean for your moneyChris Kreuger, Cowen managing director, joins 'The Exchange' to discuss the upcoming midterm elections and the impact on stocks.

☆ NHL roundup: Ducks win in OT to end 7-game slide
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +4 min

[1/5] Oct 30, 2022; Anaheim, California, USA; Anaheim Ducks center Trevor Zegras (11) passes during the 2nd period against the Toronto Maple Leafs at Honda Center. Zegras finished a rush with a shot from the left circle for his sixth goal of the season, ending Anaheim's seven-game losing streak. Yegor Chinakhov scored in the second period for the Blue Jackets, who have lost three straight and four of five. Golden Knights 2, Jets 1 (OT)Jack Eichel scored with seven seconds remaining in overtime as Vegas edged Winnipeg in Las Vegas. Lawson Crouse and Nick Bjugstad scored for Arizona, which dropped its second straight at Arizona State University's 5,000-seat Mullett Arena.

☆ NHL roundup: Christian Dvorak's hat trick carries Canadiens to victory
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +8 min

Mandatory Credit: Jeff Curry-USA TODAY SportsOctober 30 - Christian Dvorak scored a third-period hat trick as the visiting Montreal Canadiens rallied past the St. Louis Blues 7-4 on Saturday night. Rangers 6, Stars 3Zac Jones scored the tiebreaking goal in the third period to help New York notch a victory over host Dallas. Red Wings 2, Wild 1Lucas Raymond scored his first two goals of the season and host Detroit downed the Wild. Capitals 3, Predators 0Darcy Kuemper made 34 saves for his first shutout of the season and visiting Washington defeated Nashville. Mikael Backlund scored a short-handed goal, and Brett Ritchie also scored for Calgary, which had a two-game winning streak snapped.

☆ McDonald's is taking the McRib on a farewell tour. Here's why it will probably be back.
▼ + stars: | 2022-10-29 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +3 min

McDonald's is taking the McRib on its fourth farewell tour. A farewell tour is more of a "call to action" than a sign the McRib will actually leave menus, an analyst said. McDonald's has held three other farewell tours for the sandwich, in 2005, 2006, and 2007. Taco Bell famously removed potatoes and the Mexican Pizza from menus only to return both within a year, saying demand for the Mexican Pizza was seven times higher after its return. When dishes like Mexican pizza or the McRib return, they already have a built-in fanbase among customers.

☆ As prices soar, consumers turn to McDonald’s
▼ + stars: | 2022-10-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +4 min

New York CNN Business —Inflation is relentlessly high and food prices in particular are soaring. In the third quarter, McDonald’s US prices were up about 10% year-over-year on average. McDonald's prices were up about 10% year-over-year in the third quarter. Some might also be trading down to McDonald’s from more expensive chains or restaurants as menu prices increase at a slower clip than prices in grocery stores. “We feel very good about … McDonald’s value proposition,” said CEO Chris Kempczinski during the call.

☆ McDonald's CEO says the McRib is the 'GOAT of sandwiches' for driving huge sales
▼ + stars: | 2022-10-27 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +2 min

McDonald's praised the McRib for driving sales during an earnings call. The McRib returns to menus on October 31 for a limited time. CEO Chris Kempczinski called the sandwich, which returns to menus periodically, "the GOAT of sandwiches on our menu" in an October 27 earnings call. The chain didn't share specific McRib sales numbers from previous runs. The McRib returns to menus on October 31 for a "limited period."

☆ Investing in Space: Rockets are only the beginning
▼ + stars: | 2022-10-27 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But the CEOs of these companies will tell you that tapping into the global launch market isn't enough. "The big space companies of the future are not just a launch company on its own or a spacecraft manufacturer on its own. Breaking into the launch market may seem hard (and expensive) enough on its own. Virgin Orbit is similarly developing a satellite business, which CEO Dan Hart told CNBC he hopes can "unlock" space-based services.

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