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☆ CNBC Daily Open: Dow drops, Netflix beats, Nvidia rebounds
▼ + stars: | 2024-07-19 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article AMZNFNVDANFLXUS10YAAPLGOOGL.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | 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 todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: New York Stock Exchange, Santiago, CNBC Locations: New York City

☆ CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
▼ + stars: | 2024-07-19 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article AMZNFNVDANFLXUS10YAAPLGOOGL.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | 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 todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: New York Stock Exchange, Santiago, CNBC Locations: New York City

“This outage is historic in scale,” Mikko Hypponen, a research specialist at the software company WithSecure and a cybercrime adviser to Europol, told DealBook. It issued a software update that is causing Microsoft systems, including its Azure cloud service, to crash or not function properly. Long queues of airline passengers could be seen at airports around the world, with some resorting to manual check-in. In France, the television networks TF1 and Canal+ told the public on X that they could not go on the air on Friday morning. The incident points to how reliant the global economy is on a handful of major tech companies to run vital infrastructure.

Persons: ” Mikko Hypponen, Europol, DealBook, George Kurtz, CrowdStrike, ” Organizations: Microsoft, United, Delta, Airlines, Air France, KLM, Japan Airlines, TF1, Sky Locations: Europe, Asia, France

☆ A Trip Into Tornado Alley With America’s Most Obsessive Storm Chaser
▼ + stars: | 2024-07-19 | by ( David Gelles | ) www.nytimes.com time to read: +10 min

A Trip Into Tornado Alley With America’s Most Obsessive Storm ChaserOn a clear morning in late May, Reed Timmer began the day at home in Lexington, Okla., studying the latest update from the National Weather Service’s storm-prediction center. A month into his freshman year, he went storm chasing, and saw his first tornado. He went on to begin his Ph.D. studies, but the allure of storm chasing waylaid his academic career. Timmer insists that chasing tornadoes is safe, though others’ experience suggests a different conclusion. In 2013, while he was pursuing the El Reno tornado in Oklahoma, four other chasers died in the storm.

Persons: Reed Timmer, Timmer, Edgar ONeal, It’s, ” Timmer, ”, Bill Paxton, Helen Hunt, Mark L, Smith, Timmer —, Gizmo —, Glen Powell, “, Reed, ” Smith, ” “ Reed, Bill Gallus, Kan Organizations: University of Oklahoma, “, Chevy Tahoe, Hollywood, Universal Pictures, Warner Brothers, Iowa State University, El, National Weather Service, Subaru Forester, Subaru Locations: Lexington, Okla, Kansas, Texas, America, Chickasaw, Wichita Falls, Windthorst, Oklahoma City, Yorkshire, Timmer, Lawrence, El Reno, Oklahoma, United States, Greenfield , Iowa

☆ Commuters in NYC and DC should get ready for a difficult, disrupted journey due to the global IT outage
▼ + stars: | 2024-07-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Arrival information is unavailable for many Subway routes in NYC and DC because of a global IT outage. Transport authorities say trains and buses are running as scheduled, though. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCommuters in NYC and DC should prepare for some disruptions on Friday morning over the global IT outage. Though transport authorities in both NYC and DC say that trains and buses are running as scheduled, arrival information is unavailable for many routes, including both at stations and on the authorities' websites and apps.

Persons: — Organizations: Rail, Service, DC, York City's Metropolitan Transportation Authority, Franklin, Shuttle, Business Locations: NYC, York City's, Rockaway

☆ U.S. will fall behind in the AI race without natural gas, Williams Companies CEO says
▼ + stars: | 2024-07-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

"The only way we're going to be able to keep up with the kind of power demand and the electrification that's already afoot is natural gas," Williams Companies CEO Alan Armstrong said in an interview Thursday. Williams Companies handles about one-third of the natural gas in the U.S. through a pipeline network that spans more than 30,000 miles. Some of the largest independent data center developers, which build the infrastructure that houses servers for other companies, have approached Williams to receive natural gas capacity directly from the company's pipelines, Armstrong said. We've run out of alternatives — we can't meet the needs of our customers without using natural gas,'" Armstrong said, without disclosing names. Williams projects natural gas to demand to grow 18% from 2023 through the end the decade across all sources of consumption, including power generation and liquid natural gas, Armstrong said.

Persons: Alan Armstrong, Williams Cos, Carter Smith, Williams, Armstrong, We've, We're Organizations: P Global, Bloomberg, Getty, CNBC, Williams, Williams Companies, Transcontinental, U.S, Dominion Energy, Southern Company Locations: Houston , Texas, U.S, Virginia, Georgia, Turkey, Atlanta

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

World of Hyatt Business Credit Card OverviewThe World of Hyatt Business Credit Card is a good choice for small-business owners who stay with Hyatt frequently and can make use of enough card benefits to justify the annual fee. Hyatt Business Credit Card Benefits and FeaturesThe World of Hyatt Business Credit Card comes with perks that are most useful if you (or your employees) stay with Hyatt often. World of Hyatt Business Credit Card Annual Fee and Other CostsThe World of Hyatt Business Credit Card comes with a $199 annual fee. Compare the World of Hyatt Business Credit CardWorld of Hyatt Business Card vs. the World of Hyatt Credit CardIf the big-spending perks on the World of Hyatt Business Credit Card don't fit your travel and spending habits or if you don't have paid stays to take advantage of the annual Hyatt credits, you'll like be better off with the personal version of the card — The World Of Hyatt Credit Card. World of Hyatt Business Credit Card Frequently Asked QuestionsWho is eligible for the World of Hyatt Business card?

Persons: cardholders, Hyatt, it's, you'll, you've Organizations: Hyatt Business, Hyatt, Hyatt Business Credit, FDIC, Card, Hyatt Thompson, Hyatt Hyatt Regency, Hyatt Hotels, Hyatt Hyatt Residence, Hyatt Small, Business, Emergency, Hyatt Credit, Hyatt Credit Card Locations: Hyatt, redemptions

☆ Inside the ‘doom loop’ of Joe Biden’s campaign
▼ + stars: | 2024-07-19 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

“His last act will not be getting knocked down,” said one longtime Biden 2020 campaign aide of the family and the inner circle. They loved saying in 2020 that Joe Biden won because the party, and not the pundits. Some have already “quiet quit,” going through the motions until Joe Biden gets to the end that many of them now believe is inevitable. It feels like if he could go to Congress and make a rousing speech, he would,” said one Democratic operative involved with the campaign. “Here in HQ, we’re working really hard because on winning campaigns, you work really hard,” said Biden campaign spokesman Kevin Munoz.

Persons: Joe Biden, Donald Trump, It’s, Biden, “, ”, they’ve, Illinois Sen, Dick Durbin, Reagan, they’ll, who’s, Faith, –, we’re, it’s, Kevin Munoz, Mike Novogratz, Abigail Disney, Trump, Joe, Nancy Pelosi, Chuck Schumer, Hakeem Jeffries, ” Biden, Kamala Harris, I’ve, Dan Kanninen, Kanninen, ” Kanninen, that’s, Donald Trump –, California Sen, Alex Padilla Organizations: Washington CNN, CNN, Biden, Democrats, Democratic, White, White House, Republican, Galaxy Digital, Democratic National Committee, Senate Democratic, Democrat, Google, West, “, Trump, Senate, Electoral College Locations: Illinois, Wilmington, Chicago, Pennsylvania, Michigan, Wisconsin, Arizona, North Carolina, California

☆ Which airports and airlines have been affected by the outages?
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

All flights for US airlines United Airlines, Delta Air Lines, and American Airlines were grounded early on Friday, with the Federal Aviation Administration (FAA), citing communication issues. Passengers and airline pilots wait at Newark International Airport after United Airlines and other airlines grounded flights because of a worldwide tech outage. Jaipur International AirportJaipur International Airport has confirmed that “flights nationwide” have been affected by the outage. Incheon International Airport, SeoulSouth Korea’s Incheon International Airport said Air Premia, Eastar Jet and several other airlines had been affected. Taoyuan International Airport, TaiwanTaiwan’s Taoyuan International Airport said several airlines at the airport had been impacted.

☆ Netflix Adds 8 Million Subscribers
▼ + stars: | 2024-07-18 | by ( Nicole Sperling | More About Nicole Sperling | ) www.nytimes.com time to read: +1 min

Netflix added 8 million subscribers in its last quarter, the streaming company said in its earnings report on Thursday, bringing its global subscription base to 278 million. The company said it was slightly raising expectations and now predicted revenue growth of 14 to 15 percent for the year. Netflix now offers subscriptions to an advertising-supported service for $6.99 a month in 12 countries. That tier now accounts for more than 45 percent of all sign-ups in those markets. The company has also been investing more heavily in live events, including a recent three-year deal with the N.F.L.

Persons: “, Tom Brady, Jennifer Lopez Organizations: Netflix, Paris Locations: ”

☆ Founder of Fandango Dies After Plunge From Manhattan Hotel
▼ + stars: | 2024-07-18 | by ( Annie Correal | ) www.nytimes.com time to read: +1 min

J. Michael Cline, the co-founder of Fandango, an online ticketing company that changed how Americans went to the movies, died this week after falling from the twentieth floor of a Manhattan hotel, according to the police. New York City police officers, who responded to a 911 call at the Kimberly Hotel on Tuesday, “found an unconscious and unresponsive male with injuries indicative of a fall from an elevated position,” a spokesman for the police said in a statement. The medical examiner’s office ruled the death a suicide. Mr. Cline, who was 64, co-founded Fandango in 2000 and left the company in 2011, according to his LinkedIn profile. The company — familiar to many from its splashy logo, an orange “F” in the shape of a ticket stub — was later acquired by Comcast and is currently owned by NBCUniversal and Warner Bros.For years, the company dominated movie-ticket sales, handling ticketing for several major theater chains and making money by charging a processing fee for online ticket sales and by selling advertising on its site.

Persons: Michael Cline, “, ”, Cline Organizations: New York City, Comcast, NBCUniversal, Warner Bros Locations: Manhattan, New York

☆ Why a recession will strike in 2025, according to a veteran economist
▼ + stars: | 2024-07-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe US hasn't dodged a recession, and the economy is slowing too quickly to nail a soft landing, according to top economist Steve Hanke. AdvertisementM2 money supply has contracted for most of the past two years, and grew by just 0.5% year-over-year in early June, according to Fed data. That compares to early 2021, when the M2 money supply grew at 27% as pandemic stimulus juiced economic activity. The growth rate of the money supply is also well-below the 6% growth rate Hanke estimates is on par with 2% inflation. "The average guy on the street corner knows that if they goose the money supply, you're going to get inflation.

Persons: —, Steve Hanke, Johns Hopkins, Hanke, Julia La Roche, — we've Organizations: Service, Business, Federal Reserve, Fed, US, New York Fed Locations: New

☆ Trump Shooting Live Updates: Lawmakers Assail Decision to Let Rally Go Ahead
▼ + stars: | 2024-07-18 | by ( The New York Times | ) www.nytimes.com time to read: +12 min

But the Secret Service, the agency charged with protecting Mr. Trump, did not stop him from taking the stage. Eight minutes after Mr. Trump started to speak, Mr. Crooks fired off bullets that left the Republican presidential nominee bloodied and a rally visitor dead. Image Secret Service snipers surveilling the surrounding area before Mr. Trump began to speak. But that created a blind spot, outside the security perimeter but well within rifle range of Mr. Trump. Mr. Crooks also typed in “major depressive disorder” and searched for dates and places for appearances for both Mr. Biden and Mr. Trump.

Persons: Donald J, Trump, — Thomas Matthew Crooks, Crooks, Eric Lee, Marsha Blackburn, Biden, Alejandro N, Mayorkas, Kimberly A, Cheatle, Butler, Kristian Thacker, ”, Richard Goldinger, General Merrick B, Garland, Christopher A, Wray, Trump’s, Crooks’s, Pittsburgh’s WTAE, Doug Mills, Mr, —, Edward Natali, Crooks “, Natali, “, bloodying, Corey Comperatore, Eduardo Medina, Jeanna Smialek, Chelsia Rose Marcius, Mark Walker, John Ismay, William K Organizations: Service, Republican, Secret, New York Times, Secret Service, Biden Sunday . Homeland, ABC News, The New York Times, The Times, AGR International, Mr, Police Department Locations: Butler, Pa, Tennessee, ” Butler County, Bethel Park, Butler County, Washington, New York

☆ Greece shuts Acropolis and Adriatic Sea hits record-high temperature as extreme heat bakes Europe
▼ + stars: | 2024-07-18 | by ( Story Associated Press | Angela Dewan | ) edition.cnn.com time to read: +4 min

Athens CNN —The Acropolis in Greece shut for hours, record-breaking ocean temperatures off Croatia and plans to feed zoo animals popsicles in Italy — southern Europe is baking under a “hellishly hot” heat wave. If you don’t come prepared, you’re going to sweat.”Tourists leave the Acropolis hill in Athens, on July 17, 2024. The site was shut at 12 p.m. for five hours to keep visitors out of the heat. Nikolas Kokovlis/NurPhoto/Getty ImagesThe heat has come largely from hot air blowing in from Africa, which meteorologists forecast will continue through Sunday. The brutal heat wave hitting southern Europe has so far spared Paris, which is set to host the Olympics later this month.

Persons: ”, Toby Dunlap, Nikolas Kokovlis, Carmen Díaz, “, Patrizia Valerio, goer Mattia Rossi, ” Rossi Organizations: Athens CNN, Culture Ministry, Cross, Tourists, Aris Oikonomou, Getty Locations: Athens, Greece, Croatia, Italy, Europe, Pennsylvania, AFP, Africa, Basilicata, Palermo, Sicily, Verona, Rome, Madrid, Varese, Balkans, Dubrovnik, Serbia, Albania, Neighboring, Macedonia, Montenegro, Romania, Turkey, Paris

☆ Germany Promised to Step Up Militarily. Its Budget Says Differently.
▼ + stars: | 2024-07-18 | by ( Christopher F. Schuetze | ) www.nytimes.com time to read: +1 min

Two-and-a-half years after Chancellor Olaf Scholz vowed to overhaul Germany’s military, his government’s proposed budget for 2025 calls for only a modest increase in defense spending. The draft budget was deeply disappointing to those looking for signs that Germany would live up to Mr. Scholz’s promise of a “Zeitenwende,” defined by the chancellor himself as an “epochal tectonic shift” in strategy, which he announced with great fanfare in the wake of Russia’s invasion of Ukraine. With the war in Ukraine grinding on, Russia continuing to saber-rattle and Donald J. Trump gaining momentum for a return to the White House, Germany has been under increasing pressure from its allies to step into a more robust security role. To live up to that pledge, Boris Pistorius, Germany’s defense minister, had asked for an increase of 6.7 billion, or $7.3 billion, over the 52 billion euros, or nearly $57 billion, in this year’s budget. The shortfall deepened concerns that Mr. Scholz’s unpopular government lacks the will or political backing to push Germans to overcome their historical reluctance to take the lead militarily since the calamity of World War II.

Persons: Chancellor Olaf Scholz, Scholz’s, Donald J, Boris Pistorius Organizations: Trump, White Locations: Germany, Ukraine, Russia

On Today’s Episode:Biden Called ‘More Receptive’ to Hearing Pleas to Step Aside, by Carl Hulse, Michael S. Schmidt, Reid J. Epstein, Peter Baker and Luke BroadwaterBiden Tests Positive for Covid, by Michael D. ShearJ.D. Vance Plants His Appalachian Roots in the 2024 Race, by Michael C. BenderAt R.N.C., Senators Berate Secret Service Director Over Assassination Attempt, by Jonathan SwanGunman’s Phone Had Details About Both Trump and Biden, F.B.I. Officials Say, by Glenn Thrush, Jack Healy and Luke BroadwaterA Blind Spot and a Lost Trail: How the Gunman Got So Close to Trump, by David A. Fahrenthold, Glenn Thrush, Campbell Robertson, Adam Goldman and Aric TolerAn Algorithm Told Police She Was Safe. Then Her Husband Killed Her, by Adam Satariano and Roser Toll Pifarré

Persons: Biden, ‘, Carl Hulse, Michael S, Schmidt, Reid J, Epstein, Peter Baker, Luke Broadwater, Michael D, Michael C, Bender, Jonathan Swan, Glenn Thrush, Jack Healy, David A, Campbell Robertson, Adam Goldman, Aric, Adam Satariano Organizations: Vance, Trump, Biden, F.B.I

☆ Here are Thursday's biggest analyst calls: Nvidia, Gap, Exxon, Apple, Block, Toast, Allstate, AMC, Chipotle, Dollar Tree & more
▼ + stars: | 2024-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Nvidia as buy Bank of America said it's sticking with its buy rating on Nvidia and that investors should "focus on fundamentals." "We are initiating on Frontier with a Buy rating and $33 PT." BMO upgrades Allstate to outperform from market perform BMO said it sees growth potential for the insurance company. " Morgan Stanley reiterates Taiwan Semiconductor as overweight Morgan Stanley said it's sticking with its overweight rating following the company's earnings report. " "We initiate coverage of Impinj with an Overweight rating and $205 price target."

Persons: Wolfe, Mizuho, it's, Goldman Sachs, Goldman, Baird, Morgan Stanley, Wells, TD Cowen, Redburn, William Blair, –, Roth MKM, Roth, TSMC, JPMorgan, Chipotle, Cantor Fitzgerald, Cantor Organizations: Exxon, ExxonMobil, Bank of America, Nvidia, Apple, UBS, Frontier, Mizuho, Citi, Vans, BMO, Allstate, Deutsche, Meta, Paris, Palo Alto Networks, Palo, AMC, 3Q, Taiwan Semiconductor, JPMorgan, CMG Locations: Palo Alto

If you have an Amex Platinum or Centurion card, you can access Amex Centurion lounges. For many frequent travelers, the single best card perk is access to airport lounges — particularly, access to Amex Centurion lounges. Atlanta Hartsfield-Jackson International Airport (Concourse E)Charlotte Douglas International Airport (between Concourse D and E)Dallas/Fort Worth International Airport (Terminal D)Denver International Airport (Concourse C)Intercontinental Houston Airport (Terminal D)Las Vegas McCarran International Airport (Concourse D)Los Angeles International Airport (Tom Bradley International Terminal)Miami International Airport (Concourse D)John F. Kennedy International Airport (New York)Newark Liberty International Airport (Terminal A) — slated for 2026New York LaGuardia Airport (Terminal B, pre-security)Philadelphia International Airport (Terminal A)Phoenix Sky Harbor International Airport (Terminal 4)San Francisco International Airport (Terminal 3)Seattle-Tacoma International Airport (Concourse B)Washington, DC Ronald Reagan National Airport (Terminal B) — coming soonInternational locations Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Hartford Bradley International Airport (Terminal A)Cincinnati-Northern Kentucky International Airport (Concourse B)John Glenn Columbus International Airport (Concourse B)Fort Lauderdale-Hollywood International Airport (Terminal 3)Greenville-Spartanburg International Airport (Concourse B)Minneapolis-Saint Paul International Airport (Terminal 1)Oakland International Airport (Terminal 1)Palm Beach International Airport (Concourse B)Phoenix Sky Harbor International Airport (Terminals 3 and 4)Rhode Island T.F. You can only get into a Centurion Lounge if you have an Amex Platinum or an Amex Centurion credit card.

Persons: cardholders, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Cardholders, Charlotte Douglas, Tom Bradley, John F, Ronald, –, Mariano, John Glenn Columbus Organizations: Delta Reserve, Read, American Express, Amex, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, TSA, Global, Saks Fifth, Delta SkyMiles ®, Delta SkyMiles, Chevron, Atlanta Hartsfield, Jackson International, Charlotte Douglas International Airport, Fort Worth International, Denver International, Intercontinental Houston Airport, Las Vegas McCarran International Airport, Los Angeles International Airport, Tom, International Airport, Kennedy International, Newark Liberty International, New York LaGuardia, Philadelphia International, Sky Harbor International, San Francisco International, Tacoma International, Ronald Reagan National Airport, Hong Kong International, London, Stockholm Arlanda, Shivaji International, Delhi Indira Gandhi International, Melbourne, International, Monterrey, Sydney, Centurion Studios, Hartford Bradley International Airport, Northern Kentucky International, John Glenn Columbus International, Hollywood International, Spartanburg International, Saint Paul International Airport, Oakland International, Rhode, Green, Tahoe, Sacramento International, Centurion, SkyMiles Locations: —, London, Hong Kong, Fort Lauderdale, Oakland, Sacramento, Hulu, Delta, Dallas, New York, Seattle, Washington, Stockholm, Mumbai, Shivaji, Delhi, Buenos Aires, Mexico, Cincinnati, Greenville, Spartanburg, Minneapolis, Reno, U.S

☆ Ford to spend $3 billion to expand large truck production to a plant previously set for EVs
▼ + stars: | 2024-07-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford's Oakville Assembly Complex in Ontario, Canada, Ford said Thursday. The remaining investment will be used to increase production at supporting facilities in the U.S. and Canada, the company said. Ford currently produces Super Duty trucks – the larger siblings of the F-150 full-size pickup used largely by commercial and business customers – at plants in Ohio and Kentucky. Ford said the Canadian plant, which is expected to come online in 2026, will add capacity of roughly 100,000 units annually.

Persons: Ford, Jim Farley Organizations: DETROIT, Ford, Kentucky, Plant, Ford Pro Locations: Canadian, Oakville, Ontario, Canada, U.S, Ohio, Kentucky

☆ JD Vance, Trump's 2024 running mate, would likely be the first Marine veteran to serve as vice president if elected
▼ + stars: | 2024-07-18 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +10 min

Read previewRepublican presidential nominee Donald Trump on Monday selected Ohio Sen. JD Vance — a Marine veteran, author, and once-critic of the former president — as his running mate for the 2024 election. Military.com could not find any evidence that any vice president served in the Marine Corps . Donald Trump elevated JD Vance to the national stage as his running mate on Monday — and Ukraine is likely worried. The last enlisted vice president was Al Gore, who similarly deployed to Vietnam for six months as an Army correspondent. In April, he used the Iraq War as a historical example against intervention.

Persons: —, Donald Trump, Ohio Sen, JD Vance —, Vance, John McCain, Military.com, Allison Jaslow, Jaslow, Trump, JD Vance, Drew Angerer, Lindsay Chervinsky, George, Dwight D, Eisenhower, Richard, Aaron Burr's, Chervinsky, Dan Crenshaw, Jason Crow, Alex Wong, Joel K, Goldstein, Sen, Ohio, Donald Trump's, Carolyn Kaster, Hugh Hewitt, Joe Biden, Biden, Trump's, Al Gore, Jeffrey Dean, America's, Tucker Carlson, Byron Donalds of, US Sen, Andrew Caballero, Reynolds, George W, Bush, Saddam Hussein Organizations: Service, Monday, Ohio, Marine, Business, National Guard, US Navy, Army, Marine Corps, Afghanistan Veterans, George Washington Presidential Library, Continental Army, American, Terror, Saint Louis University, Washington Post, Military, Trump didn't, Associated Press, Corps, Navy, Iraq, AP, Marines, Ohio State University and Yale Law School, Rep, US, Republican National Convention, Senate Locations: Iraq, Afghanistan, America, —, Ukraine, Vietnam, Texas, Milwaukee, Ohio, Byron Donalds of Florida, Pennsylvania

Federal investigators are examining the possibility that a would-be assassin scoped out the area where former President Donald J. Trump was to speak six days before the campaign rally in Pennsylvania where Mr. Trump was wounded. Mr. Crooks opened fire from a warehouse roof at the site on Saturday, grazing the former president’s right ear, killing a rally attendee and seriously injuring two others. The new details about Mr. Crooks’s possible whereabouts on July 7 mean that he might have checked out the site even before law enforcement officials did a security assessment. The Secret Service met with local law enforcement officers for a first walk-through on July 8, and finalized plans a few days later. is responsible for investigating the attempted assassination, but officials have not said whether the bureau intends to write a report.

Persons: scoped, Donald J, Trump, Thomas Matthew Crooks, Crooks Organizations: Service Locations: Pennsylvania, Bethel Park, Pa

☆ These 10 U.S. states have America’s worst economies in 2024
▼ + stars: | 2024-07-18 | by ( Scott Cohn | ) www.cnbc.com time to read: +12 min

That is why CNBC looks at state economies in ranking America's Top States for Business. We consider economic growth and job growth. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. Some states are at the top of their economic game — home to America's 10 best state economies. JB Pritzker, and all the major rating agencies have the state in their "A" categories for the first time in years.

Persons: Phil Scott, Jobs, J.B . Pritzker, Erin Hooley, JB Pritzker, Asplundh, Michael G, Janet Mills, Mills, Gina Raimondo, Joe Biden, Anna Moneymaker, Gina Raimondo —, —, Rhode Island's, Luke Sharrett, Ed Zurga, Bryan Tarnowski, Hurricane Katrina, New Hampshire Jada, Patrick T, Fallon, Hawaii's, Nature, Spencer Platt Organizations: CNBC, Business, Republican Gov, Direct Investment, Illinois, Illinois Illinois Gov, Thompson Center, Tribune, Service, Democratic Gov, Major Corporations, GE Healthcare Technologies, Mondelez, Seamans, Portland Press Herald, Getty, National Association of State, Officers, Pew, Major Corporation, IDEXX, Rhode, Semiconductors, America, White, U.S . Commerce, Major, CVS Health, Hasbro, Kentucky, Bloomberg, Bluegrass State, Federal Housing Finance Agency, Kansas Carpenters, Glenn Eagles, Louisiana Homes, Treme, Louisiana State University, Hurricane, Pool Corporation, Granite State, U.S . Chamber, Commerce, New Hampshire Department, Labor, The New Hampshire Tech Alliance, Afp, Aloha State Locations: U.S, States, Vermont, Illinois Illinois, Chicago, Lincoln, Illinois, Maine, Rhode Island WASHINGTON, DC, Washington , DC, Louisville , Kentucky, Bluegrass, Kentucky, Kansas, Kansas City , Kansas, Sunflower, Claiborne, New Orleans , Louisiana, New Orleans, New Hampshire, Granite, The, Hawaii, Maui, Lahaina , Hawaii, Mississippi, Biloxi , Mississippi

☆ Live Election Updates: Trump to Close Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

For the last eight years, President Trump has given everything he has to fight for the people of our country. And then President Trump flew to Milwaukee and got back to work. A leader who rejects Joe Biden and Kamala Harris’s Green New Scam and fights to bring back our great American factories. President Trump represents America’s last best hope to restore what — if lost — may never be found again. And every single day for the next four years, when I walk into that White House to help President Trump, I will be doing it for you.

Persons: Vance, Trump, Donald Trump, Corey Comperatore, Don, Eric squirmed, I’ve, Joe Biden, Joe, ”, Donald J, Biden, Mamaw, “, We’ve, who’s, Kamala Harris’s, —, I’m, Usha, Ewan who’s, Vivek who’s, America’s, It’ll, Trump’s, Mamaw couldn’t, That’s, Kamala Harris, he’s, Joe Biden’s, ” We’re, “ Honey, it’s, that’s Organizations: Michigan, America, United States Senate, Republican Party of, NAFTA, China, United States Marines, Fi, The Ohio State University, I’m, Ohio State, Yale Law School, Trump, Mirabel, Social Security, Iraq, Washington, Workers, Chinese Communist Party, ISIS, United, Republican Party Locations: Milwaukee, Ohio, America, Pennsylvania, United States of America, Middletown , Ohio, Washington, Mexico, Iraq, Michigan, New York City, American, Afghanistan, Wisconsin, China, U.S.A, Eastern Kentucky, Appalachia, Ohio , Pennsylvania, that’s Kentucky, United States, Kentucky, Michigan , Wisconsin , Pennsylvania

☆ Live Election Updates: Trump to Close G.O.P. Convention in Full Control of His Party
▼ + stars: | 2024-07-18 | by ( Jim Rutenberg | ) www.nytimes.com time to read: +22 min

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