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☆ From $35,000 to $446,000: What it cost to renovate a $1 home in Italy
▼ + stars: | 2024-05-19 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

She placed a winning bid for 5,555 euros, and with taxes and fees, spent 5,900 euros (roughly $6,200) to secure the property. Mickey Todiwala | CNBC Make ItMeredith Tabbone knocked down several walls to open up her kitchen, dining and living areas. Mickey Todiwala | CNBC Make ItDespite "4 million moments of frustration" over the years, Tabbone says the expense has been well worth it. Mickey Todiwala | CNBC Make ItThe houses were sold for 1 euro each but also incurred a 500-euro realtors fee and 2,800-euro deed. Mickey Todiwala | CNBC Make It

Persons: Meredith Tabbone, Rubia Daniels, Tabbone, she's, Mickey Todiwala, She's, Daniels, It's, Rubia Daniels Rubia Daniels Organizations: CNBC, realtors Locations: Sicily, Chicago, Sambuca di Sicilia, Sambuca, Italy, Berkeley , California, Berkeley, Calif, Mussomeli

☆ ‘Diddy’ apology video: Sean Combs speaks out after surveillance tape shows him assaulting Cassie Ventura
▼ + stars: | 2024-05-19 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +12 min

CNN —Almost 48 hours after being shown physically assaulting his then-girlfriend Cassie Ventura in 2016 in a surveillance video obtained exclusively by CNN, Sean “Diddy” Combs has apologized. “It’s so difficult to reflect on the darkest times in your life, but sometimes you got to do that,” Combs said in a video statement posted to Instagram. In the video, Ventura exits a hotel room and walks to a bank of elevators. Sean Combs and Cassie Ventura are seen in security video in 2016. Ventura, who reached an undisclosed settlement with Combs, declined to comment on the video obtained by CNN.

Persons: Cassie Ventura, Sean “ Diddy ” Combs, Combs, Ventura, “, ” Combs, ”, I’m, Meredith Firetog, “ Combs, Cassie, ‘, ’, ” “, ” Ventura, Ben Brafman, Combs “, Brafman, Mr, Sean Combs, CNN Ventura, Douglas H, Wigdor, Aubrey O’Day, Danity Kane, ” Danity Kane, ” O’Day, Sean ‘ Diddy ’ Combs, Alex Fine, shouldn’t, Fine Organizations: CNN, Ventura, InterContinental, InterContinental Century, InterContinental Hotels, MTV, Los Angeles County, Attorney’s, Victims Services, Los Angeles Police Department, LAPD, Violence Locations: Ventura, Century City, Los Angeles, “

☆ World’s top golfer Scottie Scheffler completes PGA Championship at Valhalla ahead of arraignment
▼ + stars: | 2024-05-19 | by ( Kevin Dotson | Susannah Cullinane | ) edition.cnn.com time to read: +3 min

CNN —Top-ranked golfer Scottie Scheffler finished strong Sunday at the PGA Championship at Valhalla Golf Club in Louisville, Kentucky, days after being arrested as he drove to the tournament’s second round. He was released from jail and returned to the golf course for his tee time. Bryan Gillis, stopped Scheffler and attempted to give instructions. “He was proceeding as directed by another traffic officer and driving a marked player’s vehicle with credentials visible,” Romines said. “He is someone who is known for having a very calm, level head on the golf course and he keeps that when he’s off the golf course as well.”The World No.

Persons: Scottie Scheffler, Scheffler, he’s, I’m, ” Scheffler, “, Steven Romines, Bryan Gillis, Gillis, Romines, Scottie, ” Romines, David Dusek, Golfweek, “ Scottie Scheffler, ” Dusek, Charles Schwab, Meredith Organizations: CNN, PGA, Valhalla Golf Club, Valhalla Golf, Louisville Metro Police, Attorney’s Locations: Louisville , Kentucky, Jefferson County, Jefferson, Fort Worth , Texas, Dallas, Fort Worth

☆ My boyfriend and I live together, and if we need space, we schedule 'rot time' to decompress. It's the key to our relationship.
▼ + stars: | 2024-05-18 | by ( Meredith Wilshere | ) www.businessinsider.com time to read: +4 min

For the first few months, we wanted to spend every minute together, excited about this new phase of our relationship. We decided to consciously depersonalize the need to decompress by doing something called "rot time." Meredith Wilshere says her relationship has improved with better communication about the need for alone time. This way, we don't have to feel guilty about taking what we need, when we need it, without feeling like we're neglecting each other. Conversations and communication remain crucial to the health of our relationship, and "rot time" helps us decompress.

Persons: Meredith Wilshere

☆ Scottie Scheffler: The new father and man of faith with the golfing world at his feet
▼ + stars: | 2024-05-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

CNN —Scottie Scheffler is a man well-accustomed to making global headlines, but almost never for events beyond the confines of the golf course. In 2014, at 17, as an amateur he made a hole-in-one and the cut on his first PGA Tour start. Without a PGA Tour victory heading into 2022, by April of that year he was a four-time victor, the world No. 1’s image as the self-effacing star of the PGA Tour, a perception he is content to endorse. His 10th PGA Tour title, it made him the first golfer since Woods in 2006 to win a PGA Tour event the week after triumphing at a major.

Persons: Scottie Scheffler, Tiger Woods, Scheffler, Ryder, Scheffler coasted, “, Meredith, ” Scheffler, Ted Scott, ” Scottie Scheffler, David J, Phillip, Mary, Grandma, CNN Sport’s Don Riddell, Jared C, Tilton, Scheffler’s, Riddell, ”, I’m, I’ve, golf’s, Jamie Squire, Arnold Palmer, Andrew Redington, Bennett, Woods, triumphing, Rory McIlroy, Scott Organizations: CNN, Dallas, PGA, Augusta National, University of Texas, TPC, PGA Tour, Cowboys, Team USA, Ryder, Arnold Palmer Invitational, RBC Heritage, Northern Locations: Ridgewood , New Jersey, Augusta, Ponte Vedra Beach , Florida, Dallas, Rome, Valhalla, Louisville

☆ Russia-Ukraine war live updates: Ukraine’s Kharkiv hit by drones during longest air raid alert of the war; Putin praises Russia-China cooperation
▼ + stars: | 2024-05-17 | by ( Sam Meredith | ) www.cnbc.com time to read: 1 min

Russian forces on Friday continued to attack Ukraine's second-largest city of Kharkiv, according to its regional governor, with Ukrainian forces repelling several ground attacks in the northeastern region. The reported attacks come as Russian forces seek to build on recent gains in the strategically important region. Kharkiv Governor Oleh Syniehubov said in a Google-translated post via Telegram that at least five drone strikes had hit the city overnight. An air raid alert in the city of Kharkiv lasted more than 16-and-a-half hours, Reuters reported, citing Ukraine's public broadcaster Suspilne. It marked the longest recorded air alert since Russia launched its full-scale invasion of Ukraine in February 2022.

Persons: Ukraine's, Oleh Syniehubov Organizations: Kharkiv, CNBC, Reuters, Suspilne, Russia Locations: Kharkiv, Ukraine

☆ Scottie Scheffler arrested outside PGA Championship and charged with assault on police officer
▼ + stars: | 2024-05-17 | by ( Jillian Martin | Michelle Krupa | ) edition.cnn.com time to read: +4 min

1 golfer and Masters champion Scottie Scheffler is facing four charges following his arrest outside the PGA Championship in Louisville, Kentucky, Friday morning. Video from Darlington shows police walking with Scheffler, who was in handcuffs, and placing him into a police vehicle. When Scheffler exited the vehicle, the officer shoved Scheffler against the car and immediately placed him in handcuffs,” Darlington posted on X. Scheffler was in a marked player courtesy vehicle, Darlington said on ESPN. PGA Championship organizers announced Friday’s second round would be delayed “due to an accident near the course” and said general public shuttles to the course have resumed. Scheffler last week stepped away from competitive action to be with wife Meredith as she gave birth to the couple’s first child, Bennett.

Persons: Scottie Scheffler, Scheffler, –, He’s, ” Scheffler, ESPN’s Jeff Darlington, ”, “ Scheffler, ” Darlington, Darlington, Friday’s, Dave Flemming, Jeff Darlington, Arnold Palmer, Augusta –, Meredith, Bennett, “ Organizations: CNN, PGA, Louisville Metro Department of Corrections, Scheffler, America, “, Valhalla Golf, Darlington, ESPN, WAVE, Arnold Palmer Invitational, RBC Heritage Locations: Louisville , Kentucky, Jefferson County, Valhalla, Scheffler, Louisville

☆ Gold, silver and platinum's red-hot rally still has further to go, strategists say
▼ + stars: | 2024-05-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold, silver and platinum prices have been on a tear so far this year, and strategists say the precious metals could continue to hit fresh record highs over the coming months. Spot silver prices, meanwhile, traded 0.5% lower at around $29.54 per ounce. Strategists at Saxo Bank said in a recent research note that gold prices could soon test the $2,400 level, silver may climb as high as $30, while platinum has upside potential to reach $1,130. The Danish bank said Wednesday that its "year of the metals" theme had continued to gather momentum in recent weeks, citing its preference for gold, silver and copper.

Organizations: Aurum, Federal Reserve, Saxo Bank Locations: Munich, London, Danish

☆ U.S. inflation data fuels bets of Fed rate cuts as early as September — but analysts aren’t convinced
▼ + stars: | 2024-05-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Traders appear increasingly confident that the U.S. Federal Reserve could start cutting interest rates as early as September, after inflation data cooled more than expected in April. Traders are currently pricing in a roughly 70% chance of a U.S. rate cut in September, according to the CME FedWatch Tool. Jerome Schneider, head of short-term portfolio management at PIMCO, said on Thursday that the latest U.S. inflation data confirmed to investors that the potential for a near-term rate hike was now "off the table." "I think more contextually, we have to really understand that we have celebrated a lower inflation rate, the market has. But, in context, at PIMCO we're specifically thinking about the longer-term trajectory of how the Fed is going to react to this data," Schneider told CNBC's "Squawk Box Europe."

Persons: Dow Jones, Jerome Schneider, we're, Schneider, CNBC's Organizations: New York Stock Exchange, Traders, U.S . Federal, Labor Department's Bureau of Labor Statistics, Federal Reserve Locations: U.S, PIMCO

☆ Jamie Dimon urges the U.S. to deal with its deficit sooner rather than later
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

JPMorgan Chase CEO Jamie Dimon on Wednesday urged the U.S. to reduce its fiscal deficit sooner rather than later, warning the issue will likely become "far more uncomfortable" if it continues to be overlooked. That's a lot, but obviously that drives growth," Dimon said in an interview with Sky News. So, I think America should be quite aware that we have got to focus on our fiscal deficit issues a little bit more, and that is important for the world," he added. The federal government has so far spent $855 billion more than it has collected in the 2024 fiscal year, according to the U.S. Treasury Department, resulting in a national deficit. Dimon said he hoped the U.S. government "really focuses" on reducing the deficit while still enjoying a period of robust economic growth.

Persons: Jamie, JPMorgan Chase, Jamie Dimon, Dimon, Joe Biden Organizations: JPMorgan Chase, U.S . Senate Banking, Housing, Urban Affairs, Wall, Capitol, Washington , D.C, JPMorgan, Wednesday, Sky News, U.S . Treasury Department, . Locations: Washington ,, America, U.S

☆ Slovakian PM Fico in ‘life-threatening’ condition after being shot; EU leaders decry 'brutal attack'
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Prime Minister of Slovakia Robert Fico attends a press conference during a Special European Council Meeting on April 18, 2024 in Brussels, Belgium. Slovakia's populist Prime Minister Robert Fico on Wednesday was shot multiple times in an assassination attempt that has sent shockwaves across the continent. The 59-year-old has been transported by helicopter to hospital in the central Slovakian city of Banska Bystrica to receive treatment. A post on Fico's official Facebook page said the prime minister was "shot multiple times and is in a life-threatening state" after an "attempted assassination." Slovakian President Zuzana Čaputová "strongly" condemned the "brutal and ruthless attack" in a Google-translated Facebook post, without supplying further details of the nature of the attack.

Persons: Slovakia Robert Fico, Robert Fico, Fico, Zuzana Čaputová Organizations: NBC, Reuters, CNBC Locations: Slovakia, Brussels, Belgium, Slovakian, Banska Bystrica, Bratislava, Handlova

☆ Georgia president holds talks on 'how to save' the country as U.S., EU and NATO decry 'Russian law'
▼ + stars: | 2024-05-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Georgian President Salome Zurabishvili delivers a speech during an gathering celebrating Europe Day outside her residence in Tbilisi on May 9, 2024. (Photo by Vano SHLAMOV / AFP) (Photo by VANO SHLAMOV/AFP via Getty Images)Georgian President Salome Zourabichvili on Wednesday held talks with European ministers to urgently discuss "how to save" the country, shortly after lawmakers adopted a deeply divisive Russia-style foreign influence bill. The U.S., European Union, NATO and the United Nations have all issued statements expressing concern about Georgia's new legislation, which opposition lawmakers have denounced as the "Russian law." Georgian lawmakers on Tuesday approved the legislation, with 84 members of the country's 150-member law-making body voting in favor. "On the agenda today is the following issue: how to save Georgia," Zourabichvili said, according to a translation.

Persons: Salome Zurabishvili, Vano SHLAMOV, VANO SHLAMOV, Salome Zourabichvili, Zourabichvili Organizations: Getty Images, Wednesday, Union, NATO, United Nations, EU Locations: Europe, Tbilisi, AFP, Russia, U.S, Lithuania, Latvia, Estonia, Iceland, Georgia

☆ Georgia passes 'Russia-style' law on foreign influence despite U.S. warnings and mass protests
▼ + stars: | 2024-05-14 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Georgian demonstrators protesting the controversial "foreign influence" bill stand in front of law enforcement officers blocking an area near the parliament building in Tbilisi on May 14, 2024. Georgian lawmakers on Tuesday passed a highly controversial "Kremlin-style" law on foreign influence, despite massive protests in the country and repeated warnings from the U.S. and European Union. Members of the Georgian Parliament physically came to blows as lawmakers held the third and final reading of the so-called "foreign agents" bill, before ultimately approving the legislation. The foreign influence bill calls for media outlets, nonprofits and other nongovernmental organizations to register as "pursuing the interests of a foreign power" if they receive more than 20% of their funding from abroad. Georgian President Salome Zourabichvili has previously vowed to veto the bill.

Persons: Salome Zourabichvili Organizations: Union, Georgian Locations: Tbilisi, U.S, Georgian, Soviet Union

☆ GameStop, AMC shares jump another 40% in premarket trading as meme stock craze returns
▼ + stars: | 2024-05-14 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Shares of GameStop and AMC jumped around 40% in premarket trading on Tuesday, on track to extend gains after "Roaring Kitty," the man at the center of the meme stock craze, posted online for the first time in roughly three years. Shares of video game retailer GameStop traded 40% higher at 4:50 a.m. GameStop on Monday climbed a whopping 74.4%, while AMC soared 78.4% in the previous trading session. Roaring Kitty, whose legal name is Keith Gill, is a former marketer for Massachusetts Mutual Life Insurance. Also known as DeepF------Value on Reddit, Gill drew an army of day traders who cheered each other on and piled into the brick-and-mortar video game stock and in GameStop call options between 2020 and 2021.

Persons: Kitty, Keith Gill, Gill, Yun Li, Fred Imbert Organizations: GameStop, AMC, Massachusetts Mutual Life Insurance Locations: New York

☆ I tried fried-chicken recipes from Guy Fieri, Ina Garten, and Alton Brown, and the best called for pickle juice and hot sauce
▼ + stars: | 2024-05-13 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I tried fried-chicken recipes from chefs Alton Brown, Ina Garten, and Guy Fieri. Garten's recipe took the longest to prep, and Brown's added a bit of paprika for a kick. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . To start, I tried three fried-chicken recipes from Ina Garten, Alton Brown, and Guy Fieri to see which would be my new go-to.

Persons: Alton Brown, Ina Garten, Guy Fieri, Brown's, —, I've Organizations: Service

☆ U.S. sounds alarm as thousands in Georgia's capital protest 'Kremlin-style' foreign influence bill
▼ + stars: | 2024-05-13 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Police Force attend a protest against the foreign agents law as two Americans and one Russian citizen are among 20 detained on May 13, 2024 in Tbilisi, Georgia. Thousands of people took to the streets of Georgia's capital on Monday as part of a last-ditch attempt to prevent the country's government from passing a controversial "Kremlin-style" law on foreign influence. Georgia's Interior Ministry said Monday that two American citizens and one Russian national were among 20 people detained at the rally. Separately, Georgia's Special Investigation Service said it had launched a probe into the alleged used of "excessive force" by law enforcement officers against protesters. Russia, which occupies about 20% of Georgia's internationally recognized territory, has used similar legislation to crack down on independent news media and activists critical of the Kremlin.

Organizations: Police Force, Investigation Service, Security, Kremlin Locations: Tbilisi , Georgia, Georgia's, Tbilisi, Russia

☆ Meredith Whitney Advisory Group CEO: Proposed mortgage reform is a 'massive game changer'
▼ + stars: | 2024-05-13 | 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 EmailMeredith Whitney Advisory Group CEO: Proposed mortgage reform is a 'massive game changer'Meredith Whitney, founder and CEO of Meredith Whitney Advisory Group, joins CNBC's 'Money Movers' to discuss mortgage reform, home equity, and more.

Persons: Meredith, Meredith Whitney Organizations: Advisory, Meredith Whitney Advisory

☆ In the battle of Telegram vs Signal, Elon Musk casts doubt on the security of the app he once championed
▼ + stars: | 2024-05-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Elon Musk once championed encrypted messaging app Signal, promoting its user privacy protections. Signal has been sharply criticized recently by a conservative activist and a rival app, Telegram. AdvertisementThe encryption wars brewing between the messaging apps Telegram and Signal have attracted the commentary of a high-profile critic: Elon Musk. In response to Rufo's post, Musk wrote cryptically, "There are known vulnerabilities with Signal that are not being addressed. Green, as well as Musk, Signal, and Telegram representatives, did not immediately respond to requests for comment from Business Insider.

Persons: Elon Musk, Musk, —, Elon, Pavel Durov, Durov, Tucker Carlson, Vladimir Putin, Jeff Bezos, Christopher Rufo —, Katherine Maher, Rufo, Maher, Edward Snowden, Meredith Whittaker, Whittaker, haven’t, IbXREWVaPL — Meredith Whittaker, @mer__edith, Jack Dorsey, — Elon, Johns Hopkins, Matthew Green, Green Organizations: Service, Fox News, NSA, Amazon, Elon, Telegram, Business Locations: Moscow

☆ Beethoven’s hair reveals lead poisoning
▼ + stars: | 2024-05-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Ludwig van Beethoven’s “Ode to Joy” is one of the first songs I learned to play on the violin. While his doctor’s notes were lost to time, scientists sequenced Beethoven’s genome from locks of his hair last year. Hulton Archive/Getty ImagesA new analysis of Beethoven’s hair has shown the composer experienced lead poisoning toward the end of his life. Tests revealed incredibly elevated levels of lead, as well as arsenic and mercury, in two of his locks, likely from drinking wine that was sweetened with lead. Researchers don’t believe lead poisoning would have been enough to kill him, but it could have contributed to the composer’s well-known gastrointestinal issues and deafness.

Persons: CNN — Ludwig van Beethoven’s, Joy ”, I’ll, Beethoven, Ludwig van Beethoven, don’t, ”, William Meredith, Umm Jirsan, Lady Elliot, Rebecca Wright, Kate Quigley, “ We’re, Ashley Strickland, Katie Hunt Organizations: CNN, Symphony, Hulton, “, Arabia, National Oceanic, Atmospheric Administration, Minderoo, Energy, CNN Space, Science Locations: Alabama, Saudi Arabia, Umm Jirsan, Lady, Australia

☆ Ukraine drone attack sparks fire at Russian oil refinery; two injured as houses burnt in Kharkiv
▼ + stars: | 2024-05-10 | by ( Sam Meredith | ) www.cnbc.com time to read: 1 min

Ukraine attacked an oil refinery in Russia's Kaluga region in the early hours of Friday, setting the facility on fire, according to Russian media reports. Several explosions were heard in the Dzerzhinsky district of the Kaluga region, which borders the broader Moscow region, The Moscow Times reported, citing Russian Telegram channel SHOT. CNBC could not independently verify the reports. Vladislav Shapsha, governor of the Kaluga region, said in a Google-translated post via Telegram that the fire was promptly extinguished, and the extent of the damage was still being assessed. He did not say at what facility the incident took place.

Persons: Vladislav Shapsha Organizations: Moscow Times, Russian Telegram, CNBC Locations: Ukraine, Russia's Kaluga, Dzerzhinsky, Kaluga, Moscow

☆ A rare hostile takeover bid in Europe's banking sector has shocked markets
▼ + stars: | 2024-05-09 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as "very strange." The move comes shortly after a separate 12 billion euro ($12.87 billion) takeover offer from BBVA to Sabadell's board was rejected earlier in the week. BBVA said its takeover offer has the same financial terms as the merger offered to Sabadell's board. Shares of BBVA fell 6% at around midday London time on Thursday, while Sabadell's stock price rose more than 3%.

Persons: Carlos Torres Vila Organizations: Banco Sabadell SA, BBVA, Banco Sabadell, Banco Locations: Banc, Barcelona, Spain, Spanish

☆ Beethoven’s hair reveals evidence of lead poisoning, scientists say
▼ + stars: | 2024-05-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

Beethoven’s genome was made publicly available, inviting researchers around the world to investigate lingering questions about Beethoven’s health. Meanwhile, scientists continue to figuratively go over the authenticated locks of Beethoven’s hair with a fine-tooth comb, teasing out surprising insights. But at the time the researchers did not test Beethoven’s newly authenticated hair samples for lead. Because the researchers don’t have hair samples from earlier in Beethoven’s life, it’s impossible to understand when the lead poisoning started, Meredith said. But Rifai said he saw comparable lead levels when he conducted research in two villages in Ecuador where the main trade is to glaze tiles with lead from batteries.

Persons: Ludwig van Beethoven’s, Beethoven, ”, Christian Reiter, Hiller, Thayer, Anton Halm, William Meredith, Nader Rifai, Meredith, Rifai, Paul Jannetto, he’d, Johann Adam Schmidt, Beethoven’s, “, ” Meredith, Friedrich Schiller’s, Joy, it’s Organizations: CNN —, Center of Forensic Medicine, Medical University of Vienna, Harvard Medical School, Boston Children’s Hospital, Mayo Clinic, Beethoven, Symphony, Ninth, Ninth Symphony Locations: United States, Ecuador, Vienna

☆ Giant Batteries Are Transforming the Way the U.S. Uses Electricity
▼ + stars: | 2024-05-07 | by ( Brad Plumer | Nadja Popovich | ) www.nytimes.com time to read: +17 min

Uses Electricity They’re delivering solar power after dark in California and helping to stabilize grids in other states. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Peak demand average daily generation, by fuel type Peak demand 25k 25k megawatts megawatts Imports 20k 20k 15k 15k Gas Solar power Batteries Solar power 10k 10k Wind 5k 5k Hydro Nuclear 0 0 12a.m. Ga. Ga. Texas Texas La. By The New York TimesMost grid batteries use lithium-ion technology, similar to batteries in smartphones or electric cars.

Persons: …, ”, Helen Kou, Conn ., Mo ., R.I, Conn . Conn ., . Kan ., “, Andrés Gluski, Mike Blake, John Phipps, Phipps, Stephanie Smith, Aaron Mitchell, Natalie McIntire, Tamir Kalifa, Emma Konet, Max Kanter, BloombergNEF, you’ve, Meredith Fowlie, Nate Blair, “ We’re, Ross D Organizations: Hydro Nuclear, Hydro, The New York Times, “, United States U.S, Conn . Pa . Iowa Neb, N.J . Ohio Nev, Del . Utah Ill, Texas, Fla ., Vt, Wis ., Wis . Idaho Idaho S.D, Pa . Iowa Iowa Neb, Neb . N.J . N.J . Ohio Ohio Nev, Del . Utah Utah Ill, . Energy, AES Corporation, Reuters, California, Georgia Power, Natural Resources Defense Council, Nationwide, The New York Times Grid, University of California, National Renewable Energy Laboratory, Franklin, Associated Locations: California, The New York Times California, China, Texas , California, Arizona, Wash . Maine, Minn, Ore, N.H, N.Y, Mass, Wis . Idaho S.D, Mich, Wyo, R.I, Conn, Conn . Pa . Iowa, N.J . Ohio, Del . Utah, Calif, Md, Colo, W.Va . Va, Mo, Mo . Kan, Ky, N.C, Tenn, Ariz, ., S.C . California, Ala, Miss ., Fla, Alaska Texas, Hawaii, Wash . Maine Maine Mont, Mont, Vt, Wis, Wis . Idaho Idaho, S.D . Mich, Conn . Conn, Conn . Conn . Pa, Pa . Iowa, Neb . N.J . N.J . Ohio, Nev . Ind, Ind, Del, W.Va, W.Va . Va . Va, . Kan . Kan, S.C . Ala . Ala . Miss, . Texas Texas, La, Fla . Alaska Alaska Hawaii Hawaii California, Texas, Menifee, . California, ” In Texas, Fort Worth, West Texas, Georgia, Sweetwater , Texas, Tierra, Berkeley, Sacramento

☆ Berkshire first quarter earnings price target correction
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

UBS analyst Brian Meredith's price target is nearly 22% above where the shares closed Friday. An earlier version misstated the percentage.

Persons: Brian Organizations: UBS

☆ 'Twist' in Warren Buffett's succession plan raises eyebrows among Berkshire's Omaha faithful
▼ + stars: | 2024-05-06 | by ( Yun Li | ) www.cnbc.com time to read: +5 min

OMAHA, Nebraska — Many Berkshire Hathaway shareholders left last weekend's annual meeting pondering Warren Buffett's big revelation about succession. Others think Abel will be more likely to delegate the responsibility of stock selection. Buffett's investment lieutenants, Todd Combs and Ted Weschler, have independently managed about $15 billion each for Berkshire over the past decade. In addition to Berkshire's enormous equity portfolio, its pile of cash grew to nearly $189 billion at the end of March. The new forecast would translate into more than 20% upside and push Berkshire's total market value above $1 trillion.

Persons: Warren Buffett's, Greg Abel, Buffett, Greg, Abel, Todd Combs, Ted Weschler, Buffett hasn't, Combs, Bill Stone, Charlie Munger, who's, he's, Bueffett's, Cathy Seifert, Brian Meredith, Meredith, — CNBC's Michael Bloom Organizations: OMAHA , Nebraska —, Berkshire Hathaway, Saturday, Madison Investments, CNBC, Geico, Glenview Trust, Berkshire Hathaway Energy, UBS Locations: OMAHA , Nebraska, Omaha, Berkshire, Toyama, UBS Berkshire

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