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☆ Deutsche upgrades Dave & Buster's on solid outlook despite slowing economic prospects
▼ + stars: | 2022-11-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors looking for a solid restaurant play can expect a "compelling" risk-reward from shares of Dave & Buster's Entertainment , Deutsche Bank says. Analyst Brian Mullan upgraded shares of the restaurant and entertainment stock to a buy from a hold rating, saying in a note to clients that the "setup seems pretty decent" even in a bleak macro environment. Deutsche Bank also upped its price target on the stock to $48 a share, suggesting shares could rally nearly 30% in the months ahead. The stock has held up relatively better than the broader market this year, down just 3.5%. To be sure, Dave & Buster's isn't immune to a slowing macro environment, but Deutsche Bank believes the stock price is already reflecting that potential outcome.

With the most recent version of Photoshop, the Quick Selection Tool streamlines the process for you, making separating your subject from the background simple. Pull up the image you'd like to remove the background from by clicking "File," and then "Open…" from the top menu. The Quick Selection tool isn't the only way to go about isolating subjects in Photoshop, but it is definitely one of the easier ways. Deselect "Layer 1," and select the "Background" layer, with your photo as the icon image, under "Layers." With that layer selected, you will now see the option "Remove Background" under the "Quick Actions" panel.

☆ Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there's 'pain to come' as linear TV gives way to streaming
▼ + stars: | 2022-11-03 | by ( Alex Sherman | ) www.cnbc.com time to read: +33 min

The biggest cable company in the industry at that time had about a million customers. And the second question is, very much related to that, for years now, the bull investor thesis has been broadband growth. So does that mean that broadband growth is no longer the big growth story it once was? No, I think there's plenty of broadband growth to get for us and there's continued broadband adoption to get for the whole industry. And I think there's some value in scale which can translate into consumer value as well.

It wants 3.8 billion pounds ($4.4 billion) to build a gigafactory in northern England but its plans are hanging by a thread as it struggles to lure enough investment. French battery startup Verkor, for example, announced on Wednesday that it had raised 250 million euros ($249 million) to fund a megafactory. The European Battery Alliance (EBA) acknowledges Asian firms, and Chinese companies in particular, are likely to increase their market share in the coming years, helped by their track record and offtake agreements. "Even if we have the production in Europe, it doesn't mean we have the know-how or the control," she said. The EU has approved 6.1 billion euros since 2019 in funding by member states for battery research and innovation while Britain has a 1 billion pound fund to support investments in EV supply chains.

☆ Goldman says humanoid robots will be a $6 billion market in 10 years – How to play the growing trend
▼ + stars: | 2022-11-02 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +5 min

The firm estimates that in 10 to 15 years, it's achievable for the humanoid robots market to reach $6 billion and continue to grow from there. Forecasting growth in the sector shows that humanoid robots could become a widely adopted terminal device, following only smartphones and electric vehicles, according to Goldman Sachs. Where investment opportunities lie The firm put together a list of stocks in its coverage universe that could benefit from the trend towards adoption of humanoid robots across a few different areas. "What's unique in humanoid robots' sensing module is gyroscope/ Inertia Measurement Unit (IMU), to keep the robot's balance," said Du. "Future attempts at humanoid robots will need to decide whether they can reduce the usage of hardware components and let software take on the analytical role."

☆ BlackRock's Rieder says bond yields have not peaked and Fed will lean hawkish Wednesday
▼ + stars: | 2022-11-01 | by ( Patti Domm | In | ) www.cnbc.com time to read: +3 min

BlackRock's Rick Rieder said bond yields have not yet hit their peak, and he continues to find the high rates available on short duration bonds and securitized assets to be very attractive. "We're buying all this short-dated high quality securities, investment grade assets, and we just keep buying them," said Rieder, chief investment officer of global fixed income. "I think he's got to draw the line on 'inflation is our objective'... I think he's got to be aggressive about that. "The stickiness of this inflation is pretty extraordinary...I think inflation is coming down," he said.

☆ China's alarming decline could tank the stock market, take down the global economy, and spark a dangerous showdown with the US
▼ + stars: | 2022-10-30 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

In the Western capitals and boardrooms, it appears the horror of Beijing's transformation has finally settled in, and the lure of China's economic future is fading. Economic dangerIf you want a clue to just how far China's economy has fallen, look no further than Beijing's attempts to hide information about the country's growth. Beyond the short-term signs of trouble, there are more enduring signs pointing to China's economic distress. That's a big if, and even if Beijing is successful, the slow-moving blob of debt will choke off economic growth for years to come. Xi has tightened his grip on China's economy and government from education to public health.

☆ Mississippi unveils Emmett Till statue near where white men kidnapped and killed Black teen decades earlier
▼ + stars: | 2022-10-22 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

“It’s beautiful to be here,” said Webster, attending the ceremony on a sunny afternoon during a visit with Mississippi relatives. In 2007, a Mississippi prosecutor presented evidence to a grand jury of Black and white Leflore County residents after investigators spent three years re-examining the killing. This year, a group searching the Leflore County Courthouse basement found an unserved 1955 arrest warrant for “Mrs. Roy Bryant.” In August, another Mississippi grand jury found insufficient evidence to indict Donham, causing consternation for Till relatives and activists. The Till statue in Greenwood will be watched by security cameras.

☆ EXCLUSIVE China's CATL slows battery investment plan for U.S., Mexico-sources
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +5 min

Executives from Volkswagen (VOWG_p.DE), BMW, and Hyundai (005380.KS) have urged U.S. legislators to give automakers operating in the United States more time to meet the required battery sourcing targets to qualify for tax incentives. CATL sees North America as a crucial market, the two people with knowledge of its planning said. But the new U.S. rules on sourcing battery materials had become a "banana peel" that have slowed the company's investment plans, one said. China, led by CATL, dominates the EV battery supply chain, producing about 70% of battery cells made globally. At the event to announce the investment, Zipse was critical of the new sourcing requirements, saying the "United States should have a regulation that is not entirely unrealistic."

☆ EV battery tech company says EV penetration in the Chinese market is accelerating
▼ + stars: | 2022-10-20 | 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 EmailEV battery tech company says EV penetration in the Chinese market is acceleratingLei Zhang of Envision Group discusses its multi-year partnership with BMW Group to supply next-generation battery cells.

☆ BMW invests $1.7 bln to build electric vehicles in U.S.
▼ + stars: | 2022-10-19 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

An employee works at the BMW manufacturing plant in Greer, South Carolina, U.S., October 19, 2022. The luxury automaker plans to build at least six fully electric BMW models in the United States by 2030. BMW Group had already announced that four additional battery cell factories will be built in Europe and China to meet its needs. BMW's 30-year-old South Carolina plant has built more than 6 million vehicles, employs more than 11,000 people, and has an annual production capacity of up to 450,000 vehicles. South Carolina awarded a $65 million grant to Spartanburg County to assist with costs related to the project.

☆ BMW investing $1.7 bln to build electric vehicles in U.S.
▼ + stars: | 2022-10-19 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

SPARTANBURG, South Carolina Oct 19 (Reuters) - BMW AG (BMWG.DE) said on Wednesday it will invest $1.7 billion to build electric vehicles in the United States, the latest announcement from major automaker about plans to ramp up U.S. EV production. "It's the biggest single investment we've done so far," BMW Group Chairman Oliver Zipse told Reuters in an interview. The luxury automaker plans that at least six fully electric BMW models will be built in the United States by 2030. BMW Group has already announced four additional battery cell factories will be built in Europe and China to meet its needs. BMW's 30-year-old South Carolina plant has built more than 6 million vehicles, employs more than 11,000 people, and has an annual production capacity of up to 450,000 vehicles.

☆ BMW plans to invest $1.7 billion in U.S. to produce electric vehicles
▼ + stars: | 2022-10-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The German automaker expects to produce at least six fully electric models in the U.S. by 2030. The Spartanburg facility, where the investment announcement took place, currently produces BMW "X" SUVs and lithium-ion battery modules for its two plug-in hybrid electric vehicles. "Going forward, it will also be a major driver for our electrification strategy, and we will produce at least six fully electric BMW X models here by 2030," BMW Chair Oliver Zipse said in a release. In April, the company announced plans to spend $2 billion to build a second U.S. plant in Kentucky.

☆ Home sellers desperate to get the highest possible price should consider these 9 quick upgrades that help add value to any property
▼ + stars: | 2022-10-18 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +2 min

Experts told Insider which quick fixes they recommend to help buyers get the highest possible price. That leaves sellers scrambling to get the highest possible price for their property. The median asking price of new listings is up nearly 9% from this time last year to $383,000, while the median sales price is up 7% to $368,000, according to Redfin. It means sellers have to put in a little more effort to clinch the sale at all, not to mention to fetch the highest price. The Manhattan property sold for its full asking price: $775,000.

☆ Battery maker Envision AESC seeking potential investors to fund expansion-CEO
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +3 min

ZAMA, Japan, Oct 14 (Reuters) - Chinese renewable energy group Envision's battery business is seeking potential investors, as it looks to fund a planned 30-fold expansion in its battery production capacity for electric vehicles (EV), the unit's chief executive said. Envision AESC has also said it plans to supply batteries for Honda Motor Co (7267.T) and Mercedes-Benz (MBGn.DE). The company hopes to break into the top-tier EV supply rankings by leveraging its more than a decade of battery production experience. Matsumoto said the company is aiming to expand its share in the global EV battery market by roughly five times to about 15% by 2025 or 2026. Solid-state battery technology involves a high-capacity energy storage device that improves on lithium-ion batteries, replacing the liquid or gel-form electrolyte with a solid, conductive material.

☆ Morgan Stanley now expects home price growth to dip negative in 2023 as mortgage rates surge to their highest levels since 2007 — and shares 4 charts that show how extreme conditions in the housing ma
▼ + stars: | 2022-10-13 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Average 30-year mortgage rates, by some measures, now sit above 7%. Add Morgan Stanley to the list of firms who now expect a decline in home prices in 2023. "We now think that YoY home price growth will turn negative in the first half of the year before finishing 2023 at -3%," they added. Morgan StanleyThe Morgan Stanley strategists see that trend to continuing. That's assuming mortgage rates stay at 6%, which they estimate is probably a conservative level.

"We are deeply saddened to learn of the passing of Angela Lansbury," according to statement by Actors' Equity, the union representing live stage performers. "A star of stage, TV and movies, Lansbury was an Equity member for an astounding 65 years. Angela Lansbury stars as mystery writer and crime solver Jessica Fletcher on the CBS television crime drama series "Murder, She Wrote" in 1990. The TV academy nominated Lansbury for 12 Emmys for “Murder,” although she never took home the trophy. Edgar Lansbury was mayor of the London borough of Poplar, while George Lansbury served as Labour Party leader in 1932-34.

☆ Delta invests in electric air taxi startup Joby, plans last-mile airport service
▼ + stars: | 2022-10-11 | by ( Phil Lebeau | ) www.cnbc.com time to read: +2 min

A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company's initial public offering in New York, U.S., on Aug. 11, 2021. Delta Air Lines , which has watched competitors map future plans with electric vertical takeoff and landing aircraft startups, is joining the growing list of airlines looking to make short trips to and from airports faster and easier. The carrier is investing $60 million in startup Joby Aviation, which is planning to build and operate an electric vertical takeoff and landing aircraft, or eVTOL, effectively an air taxi. Delta will also have an exclusive five-year partnership with Joby operating eVTOLs as part of the Delta network. Delta's deal with Joby means the three legacy airlines in the U.S. have all taken stakes with eVTOL startups.

☆ T.J. Miller says he wasn’t asked to return for ‘Deadpool 3’
▼ + stars: | 2022-10-10 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

Miller, who appeared in “Deadpool” alongside Reynolds as his friend Weasel, said on the “Adam Corolla Show” podcast that he doesn’t envision working on another project with the actor. “I got along with him a lot better on the first ‘Deadpool’ because he wasn’t a huge, huge movie star,” Miller said. Miller added that he wasn’t asked to return to the franchise for “Deadpool 3.”“I would not have done ‘Deadpool 3’ if they came to me and were like, ‘We want you to do ‘Deadpool 3,’ and we’re going to pay you twice as much,’” he said. “I think [Reynolds] should make a ‘Deadpool 3’ and continue to make movies. I’m at a place in my life where I don’t need to do ‘Deadpool 3,’” Miller said.

☆ Electric cars won't overload the power grid — and they could even help modernize our aging infrastructure
▼ + stars: | 2022-10-09 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

Electric cars won't overwhelm the US grid anytime soon, energy and transportation experts say. EVs don't consume a lot of energy now, and it will be decades before electric cars take over fully. On his Fox News show, Carlson bashed electric cars as a "new way to overburden California's already collapsing energy grid." More electric cars plugging in will increase energy demands over time, necessitating a more robust grid and smarter charging habits, they say. Even at 2030 estimates, some 5.6 million electric cars, trucks, and vans would only comprise 4% of peak loads.

☆ This guy is using AI to make a movie — and you can help decide what happens next
▼ + stars: | 2022-09-25 | by ( Rachel Metz | ) edition.cnn.com time to read: +9 min

“Salt” is the brainchild of Fabian Stelzer. He makes voices mostly using AI voice generation tools such as Synthesia or Murf. Many of Stelzer's "Salt" images use terms like "35mm" and "sci-fi." Just as AI image generators have already unnerved some artists, Stelzer’s experiment offers an early example of how disruptive AI systems could be to moviemaking. Released in 2016 and starring “Silicon Valley” actor Thomas Middleditch, it’s thought to be the first film that used AI to write its script.

☆ How Does Life Insurance Work and What to Know Before You Buy
▼ + stars: | 2022-09-23 | by ( ) www.wsj.com time to read: +14 min

What to know about life insuranceTerm vs. permanent life insuranceThe two main types of life insurance are term and permanent. Permanent life insurancePermanent life insurance comes in four main variations: whole, variable, universal and variable universal. How to buy life insuranceYou may already have free term life insurance through your employer. A life insurance policy you buy from a private company stays with you for as long as you make payments. How life insurance pays outBeneficiaries have a few choices of how to receive a life insurance payout.

☆ 3 entrepreneurs who’ve raised millions on their best work advice: ‘Careers are like spiderwebs’
▼ + stars: | 2022-09-21 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Their reasons vary ― some leave as a result of low pay, for example, others as a result of a lack of career advancement. Millions are also finding themselves out of work for reasons outside of their control, like being temporarily or permanently laid off. If you're looking to advance your career, whatever stage you happen to be at, here are three pieces of career advice from entrepreneurs who've recently pivoted themselves. "Careers are like spiderwebs," she told CNBC Make It during PR company BAM's Media Matchmaking Day. 'Rising tide lifts all ships'For Amy Divaraniya, the advice is pretty classic: "A rising tide lifts all ships," she says.

☆ Can the Fed envision a time when a pause would be appropriate?
▼ + stars: | 2022-09-21 | 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 EmailCan the Fed envision a time when a pause would be appropriate? Federal Reserve Chair Jerome Powell answers reporter questions following the Fed’s decision to raise interest rates by 75 basis points.

☆ 'Out of control' STD situation prompts call for changes
▼ + stars: | 2022-09-20 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

“It is imperative that we ... work to rebuild, innovate, and expand (STD) prevention in the U.S.,” said Dr. Leandro Mena of the U.S. Centers for Disease Control and Prevention in a speech Monday at a medical conference on sexually transmitted diseases. Last year the rate of syphilis cases reached its highest since 1991 and the total number of cases hit its highest since 1948. Annual congenital syphilis cases numbered only about 300 a decade ago; they surged to nearly 2,700 last year. But some experts say the government needs to provide more funding for STD work, not divert it. Mena, who last year became director of the CDC’s Division of STD Prevention, called for reducing stigma, broadening screening and treatment services, and supporting the development and accessibility of at-home testing.

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