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☆ What We Know About Columbia University’s President, Nemat Shafik
▼ + stars: | 2024-04-19 | by ( Troy Closson | ) www.nytimes.com time to read: +1 min

The president of Columbia University, Nemat Shafik, is grappling with the fallout over her handling of student protests against the war in Gaza. The crackdown came one day after pro-Palestinian students had erected an encampment with dozens of tents, and refused to leave until their demands were met. The police swept through campus, arresting at least 108 protesters and discarding the tents as students jeered them. Some Jewish students and others have said they appreciated the response, while some left-leaning faculty members, students, free speech advocates and others have said it was too harsh. Within hours, it was evident that the aggressive response might not have achieved its goal: Several student protesters said they were not only undiscouraged, but inspired to take new action.

Persons: Nemat Organizations: Columbia University Locations: Gaza

☆ What stalled this year’s seemingly infallible stock market rally
▼ + stars: | 2024-04-19 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

Investors had hoped that corporate earnings would help revive the stalled rally, but a strong start to the season hasn’t been enough to excite investors. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. The Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot inflation readings are keeping the Fed on hold. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year.

Persons: —, hasn’t, Jerome Powell, “, ”, Michael Landsberg, Pierre, Olivier Gourinchas, Israel, Brent, Bryan Mena, Freddie Mac, Sam Khater, Freddie Mac’s, Read, Anna Cooban, Tim Cook, Pham Minh Chinh, Cook, Apple “ Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Federal Reserve, Data, Employers, Fed, Landsberg Bennett, Wealth Management, Monetary Fund, Treasury, Investors, CNN, Federal, China Apple, Vietnamese, Apple Locations: New York, East, Iran, Israel, Syria, Vietnam, China, Hanoi, Beijing

☆ Southwest Airlines dismantled basketball players' wheelchairs, leaving them stranded for hours as they tried to reassemble them
▼ + stars: | 2024-04-17 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

Read previewMembers of a disabled basketball team were left with "chaos" and hours of delay after Southwest Airlines dismantled dozens of their wheelchairs on a recent flight. Wheelchair basketball teams typically travel with two chairs each —their sporting ones and their everyday ones, Shields told BI. It "was just complete chaos," despite the attempts of the pilot and a stewardess to help out, Shields told BI. In a statement to BI, Southwest Airlines said that there had been a delay in its staff reassembling the chairs, and that it had reviewed the situation and was addressing it. AdvertisementWalker also said that airlines need to stop treating the loss of wheelchairs as equivalent to a mere luggage issue.

Persons: —, Shields, they'd, Brigitte McIntee, didn't, McIntee, Myranda Shields Shields, It's, Justin Walker, Walker, Troy Bell, Louis Vuitton Organizations: Service, Southwest Airlines, National Wheelchair, Richmond International Airport ,, Business, Wheelchair, Wheelchair Suns, Department of Transportation, Richmond International Airport, Southwest, CBS, Staff, TSA Locations: Richmond International Airport , Virginia, Richmond, stow

☆ Second Republican backs effort to oust Speaker Mike Johnson from power
▼ + stars: | 2024-04-16 | by ( Scott Wong | Rebecca Kaplan | ) www.cnbc.com time to read: +6 min

"He should pre-announce his resignation (as Boehner did), so we can pick a new Speaker without ever being without a GOP speaker," Massie wrote on X , referring to former GOP Speaker John Boehner, who resigned in the middle of his term in 2015 while facing a similar conservative rebellion from Massie and others. WASHINGTON — A second House Republican said he will support an effort to oust Speaker Mike Johnson from power over his handling of foreign aid for Ukraine and other issues. Johnson told rank-and-file House Republicans in the room that he won't resign, Massie said, a point he reiterated to reporters. "I stand with the speaker," Trump told reporters when asked about Greene's efforts, adding that he gets along great with both Greene and Johnson. One moderate Republican facing a tough re-election bid this fall, Rep. Mike Lawler, R-N.Y., called Greene and Massie's efforts "idiotic."

Persons: Thomas Massie, Anthony Fauci, Tom Williams, Massie, Johnson, Boehner, John Boehner, Marjorie Taylor Greene, WASHINGTON —, Mike Johnson, Rosie, Greene, Republicans —, —, Kevin McCarthy, Jared Moskowitz, Ralph Norman, Matt Gaetz, Troy Nehls, Jim Jordan, MAGA, Donald Trump, Trump, Mike Lawler, Marc Molinaro, Molinaro, McCarthy, — Kyle Stewart, Syedah Asghar, Lori Rampani, Ryan Nobles, Sahil Kapur Organizations: Capitol Visitor Center, National Institute of Allergy, Inc, Getty, Triple, FISA, GOP, Republicans, Republican, U.S, Capitol, Caucus, MAGA Republicans, New York Republican Locations: Ky, Kentucky, Ukraine, WASHINGTON, DC, Washington , DC, Texas, Ohio, Mar, Israel, Taiwan, Mexico

☆ N.Y.C. Schools Chief to Testify as Congress Expands Antisemitism Inquiry
▼ + stars: | 2024-04-12 | by ( Troy Closson | ) www.nytimes.com time to read: +1 min

The chancellor of New York City’s public schools will testify about how the district is handling antisemitism before a congressional committee next month. A spokesman for the House Committee on Education and the Workforce confirmed that Mr. Banks was asked to attend the hearing, but did not identify the other districts. The earlier congressional hearings helped trigger the resignations of the presidents of Harvard and the University of Pennsylvania. Columbia University’s president is appearing before a congressional committee next week. The inquiry next month will offer a window into how the tensions on American college campuses are also stirring painful debates in public school communities.

Persons: David C, Banks Organizations: New, Education, Workforce, Harvard, University of Pennsylvania, Columbia Locations: New York, Israel

☆ Dow tumbles more than 300 points on fears of potential attack by Iran and inflation woes
▼ + stars: | 2024-04-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —US stocks slid Friday morning as Wall Street worried about escalating tension in the Middle East and sticky inflation. The US and Israel are on alert for a potential attack by Iran or its proxies after an Israeli strike in Damascus last week. The price of the most actively traded gold futures contract rose to roughly $2,432 a troy ounce. Elsewhere, fresh data showed that Americans’ attitudes toward the economy have dampened over the past few months as inflation stays stubborn. The University of Michigan’s latest consumer survey showed that sentiment largely held steady in April, according to a preliminary reading released Friday.

Persons: Dow, JPMorgan Chase, Jamie Dimon, ” Dimon Organizations: New, New York CNN, Nasdaq, Texas, Energy, Federal Reserve, JPMorgan, JPMorgan Chase, University of Michigan’s Locations: New York, Israel, Iran, Damascus, Gaza, Ukraine

☆ Governing the ungovernable
▼ + stars: | 2024-04-12 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

When members of Congress return to Washington from their home districts, they often trudge to Capitol Hill for a tally known as a “bed check,” a low-stakes vote series that is mostly aimed at taking attendance. The majority led by Johnson, a Louisiana Republican, keeps shrinking. Restive members of the far-right Freedom Caucus frequently derail his plans. “The Lord Jesus himself could not manage this conference,” Representative Troy Nehls of Texas, a Republican, said on CNN this week. “You just can’t do it.”

Persons: Mike Johnson, Johnson, Donald Trump, Marjorie Taylor Greene dangles, Jesus, Troy Nehls, “, ” Organizations: Capitol, Louisiana Republican, Republican, ”, CNN Locations: Washington, Louisiana, Ukraine, Georgia, Texas

☆ Pompeii: Stunning frescoes of mythological characters uncovered at archeological site
▼ + stars: | 2024-04-11 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —Ancient Romans were enjoying more than just the food during their feasts, a new discovery at the archaeological site of Pompeii has shown. Archaeologists working at the world-famous site have uncovered a banqueting hall with black-painted walls covered with frescoes of mythological characters associated with the Trojan War. The ornately decorated room provided an elegant setting for entertainment or conversation during banquets, the Archaeological Park of Pompeii, which oversees the site, said. The elaborate dining room provided an elegant setting for entertainment, according to the Archaeological Park of Pompeii. Archaeological Park of PompeiiAnother shows a downcast Cassandra, daughter of Priam, with the god Apollo.

Persons: ” Gabriel Zuchtriegel, “, ”, Helen, Paris, Priam, “ Alexandros, Menelaus, Helen of Troy, Cassandra Organizations: CNN Locations: Paris, Troy, Roman, Pompeii, Vesuvius

☆ Costco is selling up to $200 million of gold bars and silver coins every month, but probably not making much profit, retail analyst says
▼ + stars: | 2024-04-11 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Costco's monthly sales of its gold bars and silver coins could total $200 million, Wells Fargo estimated. The gold bars — which sell out very quickly — go for about 2% over the spot price. AdvertisementCostco could be selling up to $200 million worth of its one-ounce gold bars and 25-pack silver coins every month, according to estimates from Wells Fargo. The gold bars are limited to five per Costco membership, while the coins are limited to five cases. Kelly, however, noted that the sales of gold bars and silver coins would likely be bringing "minimal profit" for Costco.

Persons: Edward Kelly, —, Costco's, Richard Galanti, Kelly, Costco doesn't Organizations: Costco, Service, UPS, CNBC, Costco Citi Locations: Wells, Wells Fargo

☆ A 13-year-old girl helped unearth an ancient Roman town. She's finally getting credit for it over 90 years later.
▼ + stars: | 2024-04-11 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Tessa Wheeler helped lead the dig and taught the team valuable archaeological skills. An exhibit at the Verulamium Museum highlights the contributions. AdvertisementIn the early 1930s, a 13-year-old girl, Helen Carlton-Smith, helped excavate a former Roman settlement. A network of female archaeologistsCarlton-Smith's diary also revealed how Tessa Wheeler helped instruct the men and women working on the excavation. Advertisement"I believe the real heroine of the story is Tessa Wheeler," Diggins said.

Persons: Helen Carlton, Smith, Tessa Wheeler, —, Verulamium, Mortimer Wheeler, Tessa Verney Wheeler, Lexi Diggins, Diggins, Smith's, Helen, Helen of Troy, Carlton, Kathleen Kenyon, Peggy Piggot Guido, Tessa Wheeler's Organizations: Verulamium Museum, Service, London Museum, Carlton, St Albans Locations: what's, Hertfordshire, England, Roman, British, Sutton

☆ Price of Gold, Seen as Hedge Against Inflation, Soars to New Heights
▼ + stars: | 2024-04-10 | by ( Joe Rennison | More About Joe Rennison | ) www.nytimes.com time to read: 1 min

Gold, typically seen as a haven in periods of economic turmoil, especially as a hedge against inflation, has risen sharply in price over the past month, even as the outlook for the economy has improved and inflation, although still elevated, is well below recent highs. The precious metal has set a series of record highs as it surged roughly $300, to $2,350 per troy ounce, since the start of March. The move has been attributed, at least in part, to a burst of gold buying from central banks around the world, including China. But investors said that central bank purchases did not fully explain such a sudden price increase. “It’s perplexing to anybody in the gold market,” said Chris Mancini, a gold portfolio manager at Gabelli Funds.

Persons: ”, Chris Mancini Organizations: Gabelli Funds Locations: China

☆ Banks say they’re meeting climate pledges. A new report says they’re ineffective
▼ + stars: | 2024-04-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Why gold prices are at record highsFrom central banks to Costco customers, it seems everyone is buying gold these days, reports CNN’s John Towfighi. Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. When interest rates fall, gold prices tend to rise, as bullion becomes more appealing than income-paying assets like bonds. The People’s Bank of China bought gold for the 17th straight month in March, adding 160,000 ounces to bring reserves to 72.74 million troy ounces of gold, according to Reuters. The Honest Company posted a strong fourth quarter in March.

Persons: –, ” Mark Carney, ”, GFANZ, Jamie Dimon, ” Dimon, JPMorgan, CNN’s John Towfighi, China —, Read, Jessica Alba, Ramishah Maruf, Alba’s, Chuck Organizations: CNN Business, Bell, New York CNN, European Central Bank, Glasgow Financial Alliance, UN, Bank of England, ECB, MIT, Columbia Business School, Zero Banking Alliance, United Nations, decarbonization, CNN, JPMorgan Chase, State, JPMorgan, Investors, Federal Reserve, China, People’s Bank of China, Reuters, UBS, The Honest, The Honest Company, Honest, Nasdaq Locations: New York, Glasgow, China, India, Turkey

Meanwhile, Johnson’s allies have asked Trump to publicly support the speaker, or at least stay out all together of his back-and-forth with House Republicans, according to multiple sources close to both Johnson and Trump. Johnson’s strategy also shows the continued grip Trump has on the House Republican Conference. Johnson told House Republicans during a closed-door meeting Wednesday that he had spoken to the former president the previous day. Johnson added: “It would be chaos in the House” if a motion to vacate the speaker’s chair were to succeed. “President Trump’s support on anything would be helpful for the Republican Party,” Hern told CNN.

Persons: Mike Johnson, Donald Trump, Johnson, ”, Johnson’s, Trump, speakership, “ I’m, Marjorie Taylor Greene, ” Greene, Greene, ‘, Johnson –, –, Troy Nehls, he’s, Kevin Hern, Trump’s, ” Hern, David Cameron, Cameron Organizations: CNN, Republican Party, Trump, House Republicans, GOP, House Republican Conference, Electoral, Supreme, Republicans, Texas Rep, Oklahoma, Republican, Committee, British, FISA Locations: Ukraine, Texas, Georgia , Michigan, Pennsylvania, Wisconsin, Georgia, Washington, “, Mar

☆ Why gold prices are at record highs
▼ + stars: | 2024-04-09 | by ( John Towfighi | ) edition.cnn.com time to read: +6 min

Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. When interest rates fall, gold prices tend to rise, as bullion becomes more appealing than income-paying assets like bonds. Investors also regard gold as a hedge against inflation, betting bullion will retain its value when prices rise. The People’s Bank of China bought gold for the 17th straight month in March, adding 160,000 ounces to bring reserves to 72.74 million troy ounces of gold, according to Reuters. Higher oil prices are likely to stoke concerns over inflation, boosting gold prices, according to the UBS research note.

Persons: China —, Ulf Lindahl, Lindahl, Morgan, JP Morgan, Janet Yellen’s, Yellen, Mark Zandi, Jerome Powell, Wells, Richard Galanti, It’s Organizations: New, New York CNN, Investors, Federal Reserve, China, People’s Bank of China, Reuters, UBS, Research Associates, Moody’s, of Commerce, Costco Locations: New York, China, India, Turkey, Central, Wells Fargo

But the rattling shook buildings in New York City and drove startled residents into the streets. Image The command room of New York City Emergency Management. Today’s earthquake Magnitude 4.8 Conn. Pa. 1964 4.5 1994 4.6 250-mile radius from New York City Md. 250-mile radius from New York City Del. While earthquakes in New York City are surprises to most, seismologists say the ground is not as stable as New Yorkers might believe.

Persons: “, Kathy Hochul, ” Gov, Philip D, Murphy, Con Edison, Eric Adams, ”, Adams, Zach Iscol, Dave Sanders, Ron Hamburger, Valorie Brennan, Ada Carrasco, The New York Times “ I’ve, Kristina Feeley, Feeley, Folarin, “ There’s, Kolawole, Lazaro Gamio, Riyad H, Mansour, Janti, Hamburger, Michael Kemper, Clara Dossetter, David Dossetter, Dossetter, ’ ”, Lola Fadulu, Gaya Gupta, Hurubie Meko, Michael Wilson, William J . Broad, Kenneth Chang, Emma Fitzsimmons, Sarah Maslin Nir, Erin Nolan, Mihir Zaveri, Maria Cramer, Grace Ashford, Camille Baker, Liset Cruz, Michael Paulson, Patrick McGeehan, Troy Closson Organizations: ”, United States Geological Survey, Police Department, Fire Department, Con, Gracie Mansion, The New York Times, Whitehouse, New York City Emergency Management, Credit, Lamont, Columbia University, Maine CANADA, New York City Del, Lincoln Center, New York Philharmonic, United Nations, Children U.S, Security, New York Police, United Airlines, Newark Liberty International Airport Locations: Newark, New Jersey, Manhattan, Philadelphia, Boston, New York City, New York, Rockland County, Murphy of New Jersey, Whitehouse, N.J, California, Japan, Zach Iscol , New York, New, Northridge, Los Angeles, Califon, Marble, Ramapo, New York , New Jersey, Pennsylvania, Palisades, N.Y, N.H, Pa, New York City Md, Del, Va, Maine, R.I, Md, Palestinian, Gaza, East Coast, “, York, San Francisco, Gaya

☆ 3 things rattling markets this week
▼ + stars: | 2024-04-04 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The S&P 500 tumbled the first two trading days of the new quarter and is down 0.8% for the week after paring back some of its losses on Wednesday. Some Fed officials revealed at the central bank’s policy meeting last month that they see fewer rate cuts than the three they forecast last December for 2024. Traders see a 63% expectation that the Fed cuts rates in June, a drop from more than 70% a week earlier, according to the CME FedWatch Tool. “With Middle East tensions on the rise, OPEC+ supply side measures have pushed crude oil volatility down,” BofA strategists wrote in a Wednesday report. “Adding to a complex backdrop, we now estimate that improving economic growth expectations have helped push global oil markets into a deficit.”The price of gold has also climbed this week.

Persons: New York CNN — Stocks, “, ”, Brent Schutte, Jerome Powell, •, Loretta Mester, Raphael Bostic, Brent, Michael Shvartsman, Gerald Shvartsman, Donald Trump’s, Matt Egan, “ Michael, ” Damian Williams, Bruce Garelick, ” Williams, ” Read, Joe Biden, Sean Lyngaas, China Nicholas Burns, Antony Blinken, Read Organizations: CNN Business, Bell, New York CNN —, Treasury, FactSet, Northwestern Mutual Wealth Management, Hawkish, San Francisco Fed, Stanford University, Wednesday, • Cleveland Fed, Atlanta Fed, CNBC, Traders, Organization of, Petroleum, West Texas, Brent, Bank of America, Trump Media, Trump Media & Technology Group, DWAC, Southern, of, Acquisition Corporation, “, Microsoft, US, Department of Homeland Security, CNN Locations: New York, OPEC, Florida, of New York, Washington, China

☆ Republicans' latest play for Trump's legacy: Renaming DC's Dulles International Airport
▼ + stars: | 2024-04-02 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

AdvertisementSeven House Republicans have proposed renaming an international airport just outside the nation's capital after former President Donald Trump. Guy Reschenthaler, a Pennsylvania Republican, introduced a bill late last week to rename Washington Dulles International Airport, which was named after former Secretary of State John Foster Dulles. Related stories"As millions of domestic and international travelers fly through the airport, there is no better symbol of freedom, prosperity, and strength than hearing 'Welcome to Trump International Airport' as they land on American soil," Reschenthaler told Fox News. Republicans in Congress and at the state level have repeatedly attempted efforts to buttress Trump's legacy. The other major airport in the DC area, Ronald Reagan Washington National Airport, was renamed after Reagan in 1998.

Persons: Donald Trump, —, Donald Trump ., Guy Reschenthaler, John Foster Dulles, Reschenthaler, George Washington, Ronald Reagan, Reagan, Don Beyer, Trump's, Beyer, Dulles, Allen Dulles, Sen, Robert Dole, Dwight D, Eisenhower, Michael Waltz of, Andy Ogles, Charles, Chuck, Fleischmann, Fleischmann of Tennessee, Paul Gosar of, Barry Moore of, Troy Nehls Organizations: Seven, Virginia Democrat, Service, Republicans, Donald Trump . Rep, Pennsylvania Republican, Washington Dulles International Airport, GOP, Fox News, Trump International, Ronald Reagan Washington National Airport, Dulles, The Washington Post, Communist Republican Locations: Virginia, Pennsylvania, Ronald Reagan Washington, Vietnam, Michael Waltz of Florida, Tennessee, Fleischmann of, Paul Gosar of Arizona, Barry Moore of Alabama, Texas

☆ Tesla shares fall after deliveries drop 8.5% from a year ago
▼ + stars: | 2024-04-02 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries fell 8.5% from the year-ago quarter and about 20% from the fourth quarter. Tesla doesn't break out sales by model but reported that it produced 412,376 Model 3/Y cars and delivered 369,783. In the fourth quarter of 2023, Tesla reported 484,507 deliveries and production of 494,989 vehicles. Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in the company's shareholder communications. The system is marketed as Full Self-Driving but doesn't make Tesla cars autonomous.

Persons: Tesla, Troy Teslike, Martin Viecha, Elon Musk Organizations: Tesla, FactSet, Independent, CNBC Locations: Fremont, Gigafactory, Berlin, China, Shanghai, U.S, North America

☆ ‘Star Trek’ Fan Leaves Behind a Collection Like No One Has Done Before
▼ + stars: | 2024-04-01 | by ( Sopan Deb | ) www.nytimes.com time to read: +1 min

Troy Nelson and his younger brother Andrew were almost inseparable. Near their home, there is a park bench on which they carved their initials as young boys. The Nelson brothers never married or had children. On Feb. 28, Andrew Nelson, who had been treated for cancer for years, went to feed the chickens and ducks that were gifts from Ms. Browne to her brothers. Just hours later, Troy Nelson, who was stricken with grief, took his own life.

Persons: Troy Nelson, Andrew, Nelson, ” Evan Browne, Andrew Nelson, Browne Locations: Bremerton, Wash

☆ For 50 Years Ailey II Has Been a Proving Ground, Not Just for Dance
▼ + stars: | 2024-04-01 | by ( Brian Seibert | ) www.nytimes.com time to read: +1 min

Ailey II, the second company of Alvin Ailey American Dance Theater, turns 50 this year. Since its creation, some things have remained consistent: It has always served as a bridge between student and professional life. “It’s a pressure cooker,” said Francesca Harper, who has been the artistic director of Ailey II since 2021. Between classes, rehearsals and an extensive touring schedule that combines performances with lecture-demonstrations and master classes, those years are tough. “Alvin often called it a kind of finishing school,” said Sylvia Waters, who was the company’s artistic director from the beginning until 2012.

Persons: Ailey, Alvin Ailey, ”, Francesca Harper, Alvin, Sylvia Waters, Harper, Troy Powell Organizations: Alvin Ailey American Dance Theater, Joyce Theater, Ailey School Locations: Waters

AT&T has also begun notifying customers whose personal information was compromised. Photos You Should See View All 60 ImagesFull names, email addresses, mailing address, phone numbers, dates of birth and AT&T account numbers may have also been compromised. HAS AT&T SEEN DATA BREACHES LIKE THIS BEFORE? AT&T has seen several data breaches that range in size and impact over the years. Avoiding data breaches entirely can be tricky in our ever-digitized world, but consumers can take some steps to help protect themselves going forward.

Persons: “, Troy Hunt, we’ve, ”, Hunt, You'll, Matt O'Brien Organizations: Associated Press, AP, Federal Trade Commission Locations: Dallas, Australia, Providence , Rhode Island

☆ Tesla's stock wraps up one of its worst quarters on record as global dominance wanes
▼ + stars: | 2024-03-29 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +11 min

Deliveries are the closest approximation of sales reported by Tesla but are not precisely defined in the company's shareholder communications. Tesla's Model 3 is about $4,000 more than that. Aging lineup, early days for Cybertruck While EV sales are still gaining popularity worldwide, the growth rate has slowed. In a push for end-of-quarter sales, Musk recently mandated that all sales and service staff install and demo FSD for customers before they hand over their cars. Despite its name, Tesla's premium option requires a human driver at the wheel, ready to steer or brake at any moment.

Persons: Florence Lo, Tesla, Troy Teslike, Tesla's, China's BYD, BYD, Lei Jun, Emmanuel Rosner, Rosner, Elon Musk, Krisztian Bocsi, Rohan Patel, Musk, Sandy Munro, Forbes, Larry Magid, Donald Trump, He's, he's, Investor Ross Gerber, who've, Brad Gerstner, Gerstner, FSD Organizations: Reuters, FactSet, Independent, Qin, Tesla's, China Passenger Car Association, Bloomberg, Deutsche Bank, Tesla, Volvo, Elon, Tesla Inc, Getty, IF Metall, IF Metall's, IF, Pew Research, Gallup, Investor, CNBC, Bears, S3 Partners, U.S Locations: Beijing, China, China In China, Shanghai, Europe, Red Sea, Iran, Gruenheide, Germany, Brandenburg, Berlin, Swedish, Sweden, U.S, Austin , Texas, San Jose , California, Fremont , California, Florida, Haiti, Texas, Delaware

CNN —Brazilian superstar Vinícius Jr. broke down in tears in an emotional media conference on Monday while speaking about his experience with racist abuse while playing for Real Madrid in Spain. This comes after a series of instances of racism that have been directed towards Vinícius in Spain. Racist slurs have also been caught on camera during Real’s matches at Osasuna, Mallorca, Real Valladolid and Atlético. Notably, some Spanish journalists say Vinícius has only himself to blame for the abuse he’s received. Aitor Alcalde/Getty ImagesDespite the criticism that Vinícius has received in Spain, many in other countries remain firmly in support of the talented Brazilian.

Persons: Vinícius Jr, “, ”, Vinícius, Spain, –, Pierre, Philippe Marcou, I’ve, he’s, Jude, Eduardo, Camavinga, David Bernabeu, Javier Tebas, backtrack, ” Vinícius, Aitor, Troy Townsend, ‘, ’ ” Townsend, Rio Ferdinand, @vinijr Organizations: CNN, Real Madrid, Spain, Estadio Santiago Bernabeu, Reuters, Valencia, Atlético Madrid, Osasuna, Real, Getty, Liga, CNN Sport, Royal Spanish Football Federation, ESPN, Estadio Mestalla, Aitor Alcalde, ” Former Manchester United Locations: Spain, Madrid, Vinícius, Mallorca, Real Valladolid, Atlético, AFP, Bellingham, Rodrygo, ESPN Brazil, British, England

☆ Elon Musk requires 'FSD' demo for every prospective Tesla buyer in North America
▼ + stars: | 2024-03-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

While all new Tesla vehicles have a standard driver assistance system installed called Autopilot, the company's FSD option costs $199 per month for most customers in North America. Tesla's FSD system does not turn cars into autonomous vehicles. According to the Tesla owners' manuals, drivers must remain attentive to the road and ready to steer or brake at any time when using FSD or FSD Beta. Owners with FSD can also get access to the FSD Beta system, which allows them to test and help debug newer driver assistance features on public roads. Under pressure from the National Highway Traffic Safety Administration, Tesla has implemented voluntary recalls to improve the safety of its Autopilot, FSD and FSD Beta systems in recent years.

Persons: Elon, Elon Musk, Musk, FSD, Tesla, Troy Teslike Organizations: Bloomberg, CNBC, Beta, National, Traffic Safety, Tesla Locations: Gruenheide, Germany, North America

☆ 2 Schools Clash as One Shrinks and the Other Gains Migrant Students
▼ + stars: | 2024-03-18 | by ( Troy Closson | ) www.nytimes.com time to read: +1 min

A bitter clash over space has emerged in recent weeks at a beloved New York City school building on Manhattan’s Upper West Side that two programs have shared for the past decade. One of the building’s occupants, Public School 145, has added more than 120 new students as a result of an influx of newcomers. The conflict highlights broader fault lines in New York and other large U.S. cities. The country’s public schools have lost more than 1.2 million students since the pandemic began and are facing major budget declines as a result. By 2031, enrollment could plunge by another 2.5 million nationwide, in large part because of declining birthrates.

Organizations: New York, Public, of Education, West Prep Academy Locations: New York City, New York, U.S

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