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☆ A millennial couple in Singapore spent 8 months turning a rundown unit into their dream home. Take a look inside.
▼ + stars: | 2024-11-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Jeremy Ng and Amanda Misso bought the first floor of a 1950s house in Singapore for about $1.34 million. AdvertisementJeremy Ng and Amanda Misso bought their house in Singapore in 2022. Amanda Goh/Business Insider"Sometimes, when you go to viewings, every other condo looks the same. Amanda Goh/Business InsiderAbout a fifth of the country's resident population lives in private housing, which includes condominiums and landed property. Amanda Goh/Business InsiderAs much as they love their house, there's just one tiny thing they wish they'd changed about the place.

Persons: Jeremy Ng, Amanda Misso, —, Joo Chiat, Amanda Goh, Misso, Ng, Jill, they're, Amanda, there's, they'd, you've Organizations: Service, Singapore —, Zurich —, Housing, Urban Land Institute Asia Pacific Centre for Housing Locations: Singapore, Geylang

☆ From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
▼ + stars: | 2024-11-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +10 min

If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.

Persons: Donald Trump, Trump, —, Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe

☆ World’s largest olive oil producer says ‘liquid gold’ prices on track to halve from record levels
▼ + stars: | 2024-11-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Elvis Barukcic | Afp | Getty ImagesSpain's Deoleo, the world's largest olive oil producer, says one of the most challenging moments in the industry's history appears to be drawing to a close, with "liquid gold" prices expected to nearly halve from an all-time high over the coming months. Extra virgin olive oil prices in Spain's Andalusia stood at 6 euros ($6.33) per kilogram as of Nov. 6, according to Expana, an agricultural and food-focused market intelligence firm. Spain accounts for more than 40% of the world's olive oil production, making it a global reference for prices. A person holds a bottle of olive oil on June 21, 2024, in Barcelona, Catalonia, Spain. Deoleo said olive oil prices should fall to around 5 euros per liter, a steep drop from highs of 9 to 10 euros, which had become the norm in Spanish supermarkets this year.

Persons: Elvis Barukcic, Miguel Ángel Guzmán, Guzmán, Carbonell, Deoleo, Kyle Holland, Expana's Holland Organizations: Afp, Getty, CNBC, Europa Press, Anadolu Locations: Bosnian, Herzegovinian, Ljubuski, Capljina, Europe, Spain, Greece, Tunisia, Spain's Andalusia, Barcelona, Catalonia, Turkey, Menemen Plain, Izmir, Turkiye

☆ Trump’s latest controversial Cabinet pick could have a huge impact on Americans’ health and lives
▼ + stars: | 2024-11-15 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The president-elect’s previous selections for director of national intelligence, attorney general and defense secretary could change the country and the world in the long term. The US Department of Health and Human Services secretary has a massive platform and huge power to influence the information that Americans have and the choices they make. “I guess if you like health and you like people who live a long time, it is the most important position,” Trump said. Christina House/Los Angeles Times/Getty ImagesAnother health expert and former US Centers for Disease Control and Prevention acting director condemned the pick. The highly contagious disease is preventable with two doses of the measles vaccine that most Americans get as kids.

Persons: Donald Trump’s, Robert F, Kennedy Jr, “, Kennedy, Trump’s MAGA, Kennedy’s ascendency, Bobby ’ Kennedy, ” Trump, Bobby, ”, Matt Gaetz, Trump, Pete Hegseth, Tulsi Gabbard, Bashar al, Assad, Carlos Barria, Jake Tapper, Indiana Sen, Jim Banks, Jake, Donald Trump, ” Banks, —, ’ Kennedy, he’d “, Dr, Ashish Jha, Covid, CNN’s Wolf Blitzer, Jha, Christina House, Richard Besser . Besser, CNN’s Kaitlan Collins, kindergartners, Mandy Cohen, CNN’s Meg Tirrell, who’s, ” Cohen, Lex Fridman’s, CNN’s Kasie Hunt, don’t, –, ’, won’t, Mitch McConnell — Organizations: CNN, National Institutes of Health, RFK Jr, Trump, US Department of Health, Human Services, Trump’s, Fox News, America, Reuters, Biden, Brown University’s School of Public Health, Republican, Democratic, “ RFK, Los Angeles Times, US Centers for Disease Control, World Health Organization, CDC, Milken, Health Summit, Trump Cabinet, Senate, FBI, GOP Locations: Lago, Florida, Palm Beach , Florida, Washington, Huntington Park , California

☆ Former French president calls for a united Europe after Trump election win
▼ + stars: | 2024-11-15 | by ( Matt Clinch | ) www.cnbc.com time to read: +2 min

French President Francois Hollande delivers a speech as he attends the inauguration of the new 'Sud Europe Atlantique' (South Europe Atlantic) high-speed rail line, linking Tours and Bordeaux, on February 28, 2017, in Villognon, central France. Yohan Bonnet | AFP | Getty ImagesFormer French President François Hollande underlined the importance of Europe sticking together in the face of U.S. protectionism on issues like security and trade. This would come at a time when traditional economic powerhouse Germany is dealing with an economic malaise and a political vacuum after its coalition government collapsed. "This is what France, Germany, Poland and the United Kingdom, the four main countries that invest in defense, will do. If these four countries react together, both in relation to the security issue, the Ukraine issue and even the trade issue, then Europe will be respected.

Persons: Francois Hollande, Yohan Bonnet, François Hollande, Donald Trump's, Hollande, CNBC's Charlotte Reed, Trump, Donald Trump Organizations: Europe, Europe Atlantic, AFP, Getty, Former, European Union Locations: Europe, Tours, Bordeaux, Villognon, France, U.S, Germany, Ukraine, Poland, United Kingdom

☆ McDonald's wants to make flatulent cows less of a problem for the environment
▼ + stars: | 2024-11-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Burgers at McDonald's could soon involve fewer greenhouse gas emissions thanks to a new cattle feed. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. McDonald's is working with seed company Syngenta and Lopez Foods, one of McDonald's meat suppliers, to feed cattle Syngenta's Enogen corn, the companies said in a statement on Thursday. Related Video How McDonald's is using data and its loyalty program to make new promotions like the adult Happy MealThat easy digestibility could mean fewer greenhouse gases, which contribute to global warming. McDonald's global sales were down during the company's third quarter as many consumers saved money by eating at home.

Persons: chow, Syngenta, Lopez, Enogen, McDonald's, It's, McDonald's Kendra Levine Organizations: Service, Mac, Lopez Foods, Environmental Protection Agency, Sustainability, McDonald's Locations: McDonald's

☆ Here's why Americans are obsessed with iced coffee
▼ + stars: | 2024-11-15 | by ( Ryan Baker | ) www.cnbc.com time to read: +3 min

In 2023, Americans spent about $17.7 billion on out-of-home cold coffee including iced coffee, cold brew and frozen coffee drinks. Giants like Starbucks have played a major role in iced drinks taking share from more traditional hot coffee. 45% of coffee drinkers ages 18 to 24 said they had a cold coffee in the past day according to a survey conducted in July 2024 by the National Coffee Association. Cold coffee drinks are highly customizable, with syrups, toppings and cold foam incorporated into many of the popular offerings at major coffeehouse chains. Watch the video to learn more about why cold coffee has taken off in the United States.

Persons: Matthew Barry, Kelsey Olsen, Olsen, Dunkin, Barry, David Henkes Organizations: Giants, Starbucks, Euromonitor, National Coffee Association, Mintel's, Bros, CNBC Locations: U.S, Mintel's U.S, Technomic, United States

☆ Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.
▼ + stars: | 2024-11-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Cheerios cereal and Betty Crocker cake mix maker General Mills fell more than 2%, as did Conagra Brands , the company behind Reddi-wip. Frozen potato supplier Lamb Weston , whose french fries are sold in chains including McDonald's and Chick-fil-A, dropped more than 6%. Traders are wary that Kennedy's "Make America Healthy Again" focus will result in increased scrutiny of companies behind some of the best-known snack, packaged food and soft-drink brands. The stock bucked the trend with an advance on Friday, but finished down more than 4% on the week.

Persons: Donald Trump, Robert F, Kennedy, Betty Crocker, Mills, Reddi, Campbell, Kraft Heinz, Oscar Mayer, Lamb Weston, it's, WK Kellogg Organizations: Soda titans PepsiCo, Coca, Brands, Trump, Health, Human Services Department, Food and Drug Administration, Centers for Disease Control, Capitol, Senate, National Institutes of Health, Traders, NBC, WK Kellogg Co Locations: Canada

☆ Trump called the climate crisis a scam. It could prove a gift to China.
▼ + stars: | 2024-11-15 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementPresident-elect Donald Trump has long questioned the reality of the climate crisis, describing it as a "scam" and accusing policies to tackle the crisis of destroying US jobs. AdvertisementChina, as part of its "Belt and Road" initiative to grow its global influence, has provided developing countries with renewable energy technologies, including wind farms. AdvertisementThe US lags China as a clean tech economic power. There are also doubts over how much China is willing to take an international leadership role on climate issues. Assuming a leadership role would likely require China to send money to other countries, said Crowther.

Persons: Donald Trump, —, Herbert Crowther, we're, Lily McElwee, Xi Jinping, Trump, Daniel Araya, Biden, Joe Biden's, Crowther, Xi Organizations: Service, Eurasia Group, Business, Biden, China Studies, Center for Strategic, International Studies, Trump, Getty, Brookings Institute, International Energy Agency, Reuters Locations: Paris, China, New York, Baku, Azerbaijan, Washington ,, Beijing, United States, Gansu Province, Washington , DC, Brazil

☆ Cramer says an RFK Jr.-run HHS ultimately won't tank junk food and drug industries
▼ + stars: | 2024-11-15 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC's Jim Cramer said drug and junk food industries aren't necessarily headed for ruin. "Ultimately, if RFK dons jackboots and demands that we don't have vaccines or eat junk food, it probably won't matter," he said. At the same time, Cramer added, Kennedy has taken a hard stance against processed food. Many drug and processed food stocks have already shouldered heavy losses since Trump named Kennedy, including Eli Lilly , Bristol-Myers , Moderna , PepsiCo , J.M. Plus, he continued, drug and junk food stocks aren't particularly good investments during a rate-cutting cycle.

Persons: Robert F, Kennedy Jr, CNBC's Jim Cramer, Donald Trump, Kennedy, it's, Cramer, Kennedy's, Eli Lilly, Smucker, Mills, he's, Trump Organizations: Department of Health, Human Services, RFK, and Drug Administration, Centers for Disease Control, National Institutes of Health, HHS, Trump, Moderna, PepsiCo, J.M Locations: U.S, Bristol, Myers

☆ Get more active to extend your life expectancy, study suggests
▼ + stars: | 2024-11-15 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Increasing your physical activity levels could extend your life by several years, a new study has found. skynesher/E+/Getty ImagesMany studies have examined the connections between physical activity and longevity. The activity levels in that study were measured with accelerometers — wearable activity-tracking devices. Total activity levels in the lowest quartile were equivalent to walking for 49 minutes at roughly 3 miles (4.8 kilometers) per hour daily. Total activity levels in the second-, third- and fourth-highest quartiles were equivalent to 78, 105 and 160 minutes, respectively.

Persons: “, ”, Lennert Veerman, Veerman, ” Veerman, Andrew Freeman, wasn’t, Freeman, hasn’t, Peter Katzmarzyk, Katzmarzyk wasn’t, ” Katzmarzyk Organizations: CNN’s, CNN, British, of Sports Medicine, School of Medicine, Dentistry, Griffith University, National Health, National Center for Health Statistics, Jewish Health, Louisiana State, Pennington Biomedical Research, World Health Organization Locations: USA, Australia, Denver, United States, Europe

☆ McDonald’s spends $100 million to lure customers back after E. coli outbreak
▼ + stars: | 2024-11-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is spending $100 million on marketing and to help franchises most heavily affected by a recent E. coli outbreak that has sickened more than 100 people and damaged sales. In a memo sent to employees and obtained by CNN, McDonald’s is spending $35 million on marketing, which includes a value deal focused on its chicken nuggets, plus $65 million directed toward franchisees that have lost business in states where the outbreak happened. Visits and sales took a nosedive in October after the Centers for Disease Control and Prevention and the Food and Drug Administration said that fresh slivered onions served on the Quarter Pounders were the likely source of an E. coli outbreak. More than 100 people got sick across 14 states and several lawsuits have been filed against the chain. McDonald’s has said recent tests showed no E. coli in its food, and in the memo noted its Quarter Pounder burgers topped with slivered onions are now back on menus nationwide.

Persons: New York CNN —, McDonald’s, ”, Michael Gonda, Tariq Hassan, Chris Kempczinski Organizations: New, New York CNN, CNN, Centers for Disease Control, Food and Drug Administration Locations: New York, North America

☆ I've dated tech bros in San Francisco and New York. The men in one city made me never want to move back.
▼ + stars: | 2024-11-15 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +7 min

San Francisco tech bros lacked consideration and were more homogenous to one another. New York City tech bros are more diverse and considerate, yet dating remains complex. I've dated tech bros in San Francisco and New York City and have found that each city attracts completely different types of men. I wasn't looking to date tech bros, it just so happened every man I went on a date with in San Francisco was. Tech bubbles exist in San Francisco and New YorkMost San Francisco tech bros I met would be dressed in their Patagonia vests and work uniforms like a copy and paste of one another.

Persons: Chloe Diaz, —, It's, Bumble, would've, I'd, Mason Margiela, They're, I've, haven't, Tess Martinelli Organizations: bros, San, Service, Arizona State University Law School, San Francisco and New, Big Tech, Spotify Locations: San Francisco, NYC, New York City, San Francisco and, San Francisco and New York City, San Francisco and New York, Patagonia, New York, York, tmartinelli

☆ My husband and I felt like we didn't save enough money to retire in the US. So we moved to Mexico and built our dream home.
▼ + stars: | 2024-11-15 | by ( ) www.businessinsider.com time to read: +6 min

My husband and I made reasonable salaries living in NYC but weren't happy about retirement. We moved to Mexico in 2020 into our dream house and now feel far more secure about retirement. We eventually settled on Mexico, a country that's long been a favorite of American retirees where an estimated 1.6 million already live. We moved to Mexico ahead of retirement so we could enjoy it moreWe moved to Mexico before retiring because we thought the transition to retirement in another country would be easier if we had already lived there. AdvertisementWe make less money in Mexico, but our cost of living is lowerOur combined income is less than it was when we were living in New York.

Persons: —, Fabian Martinezv, Marc Perrotta, We're, We'll Organizations: Service, Foreign, Security Locations: Mexico, Spain, Canada, California, Florida, Mérida, Yucatán, Bushwick , Brooklyn, United States, Mérida's, NYC, New York

☆ I have 5 Gen Z children in the workforce, and they don't prioritize their careers. It made me rethink my life.
▼ + stars: | 2024-11-15 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +4 min

My Gen Z children helped me understand that work doesn't have to be a priority. AdvertisementMy Gen Z children entering the workforce shifted my beliefsI'm a father of five Gen Z kids. AdvertisementMy Gen Z children have told me they see work for what it is: They work to live, not live to work. Related storiesMy Gen Z children have shifted my beliefs about work, and as a result, I've gotten therapy to help me learn who I am outside my career. AdvertisementMy Gen Z children in the workforce have taught me lessons about work that my generation didn't.

Persons: I've, I'm, They've, Constable Organizations: Kenyan, LinkedIn Locations: Kenya

☆ North Korea to mass produce self-detonating explosive drones, state media reports
▼ + stars: | 2024-11-15 | by ( Helen Regan | Gawon Bae | ) edition.cnn.com time to read: +4 min

Images published by North Korean state media show Kim and various officials at the launch site. State media reported that drones “of various types precisely hit the targets” as part of the test. Such self-detonating drones, also sometimes referred to as suicide drones, have been widely used to great effect on the battlefield in Russia’s war in Ukraine and in the Middle East. Images released from North Korean state media KCNA show what it said were self-detonating drone during a test of the unmanned aerial vehicles. KCNANorth Korean leader Kim Jong Un speaks with officials as he oversees a test of self-detonating drones, according to state media KCNA.

Persons: Kim Jong Un, Kim, Kim “, “, ”, Kim Jong, KCNA, Vladimir Putin Organizations: CNN, North, US State Department, Russian, CNN North Korean, Korea’s Defense, Agency, South Locations: North Korean, Ukraine, West, Russia, Kursk, Korean, Ukrainian, Pyongyang, ” Moscow, North Korea, Russian, South Korea, Seoul, Korea’s, Ganghwa

☆ 2 maps show how Americans rely on income like Social Security more than they used to
▼ + stars: | 2024-11-15 | by ( Allie Kelly | Madison Hoff | ) www.businessinsider.com time to read: +4 min

Money from programs like Social Security accounted for 18% of total personal income in 2022. A growing share of income in most US counties is coming from social safety net programs like SNAP, Social Security, and Medicaid, per a report published in September by the research firm Economic Innovation Group. One in six people in 2022 were over the age of 65 — compared to one in 10 in 1970 — and just over half of the national transfer income flows from Medicare and Social Security. The report's findings come as Business Insider has spoken with many retirees — who are living solely on Social Security income because they don't have savings or retirement investments — who say they are struggling to afford basic necessities. "I don't want to be rich, I just need to be comfortable," a baby boomer living on $1,104 monthly in Social Security previously told BI.

Persons: That's, —, ALICE, EIG Organizations: Social, Service, —, SNAP, Social Security, Economic Innovation Group, Government, United Way's United, allisonkelly Locations: —, Louisiana

☆ Rare gladiator-shaped knife handle gives insight into Roman celebrity culture
▼ + stars: | 2024-11-15 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —A rare knife handle in the shape of a gladiator has been discovered at Hadrian’s Wall in the north of England, shining a new light on the celebrity status of the ancient Roman combatants. The secutor gladiator depicted on the knife handle wears a helmet, holds a big shield and has his left hand out, which would have been holding a sword. The knife handle was discovered in a river at Corbridge Roman Town on Hadrian’s Wall in Northumberland, England. The 2,000-year-old knife handle was found in the Tyne River at Corbridge Roman Town on Hadrian’s Wall, a defensive barrier built by the occupying Romans in northeast England. “This beautifully made knife handle is a testament to how pervasive this celebrity culture was, reaching all the way to Hadrian’s Wall at the very edge of the Roman Empire,” she added.

Persons: ”, ” Frances McIntosh, ” McIntosh, McIntosh, ” “, “, Ridley Scott’s Organizations: CNN, Heritage, East, English Heritage Locations: England, Rome, Corbridge, Hadrian’s, Northumberland, Tyne, Britain, Roman, United States

☆ Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +4 min

Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. The strike at Virgin Hotels Las Vegas marks the first open-ended strike in 22 years for the Culinary Workers Union, the largest labor union in Nevada, with about 60,000 members. Virgin hotel workers are walking out RIGHT NOW at Virgin Las Vegas for a fair contract! "Workers at Virgin Las Vegas deserve a first-class contract with fair wage increases, and they are organized and ready to strike for it." Culinary Union members last went on strike in 2002 for 10 days at the Golden Gate hotel-casino in downtown Las Vegas.

Persons: Ted Pappageorge, Pappageorge, Bethany Khan Organizations: Vegas, Virgin Hotels, Culinary Workers Union, Virgin, Virgin Las, Culinary Union, Workers Locations: Virgin Hotels Las Vegas, Nevada, Virgin Las Vegas, Vegas, Golden, Las Vegas

☆ Taco Bell CEO says avoiding this mistake sets successful people apart from most: You have to ask the 'right questions'
▼ + stars: | 2024-11-15 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Taco Bell CEO Sean Tresvant credits his leadership success, at least partially, to one piece of advice: "Don't try to be a black belt in everything." "Be a black belt in marketing, and be a brown belt in everything else," Tresvant, who previously held marketing executive roles at Taco Bell, Nike and Sports Illustrated, told LinkedIn's "This is Working" podcast last week. Tresvant received that advice in January upon becoming CEO of Taco Bell — which is owned by fast food giant Yum! Instead of believing he has all the answers, he tries to ask the "right questions" to team members who have expertise that he doesn't, he noted. "I understand I'm not a CFO, but I have a great CFO who can lead the [financial side of the] business."

Persons: Sean Tresvant, you'll, Tresvant, Taco, LinkedIn's, Taco Bell, I'm Organizations: Taco Bell, Nike, Sports, Taco, Brands

☆ I've sailed on Royal Caribbean, Carnival, and Norwegian ships. Here's which was my favorite — and how to choose the right cruise for you.
▼ + stars: | 2024-11-15 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

AdvertisementI've been on Norwegian, Carnival, and Royal Caribbean's newer cruise ships. Brittany Chang/Business InsiderWhen a few rounds of foosball and ping-pong have worked up your appetite, you'll have 16 dining venues to choose from. AdvertisementNorwegian Cruise LineNorwegian Cruise Line has 18 cruise ships. Norwegian Cruise LineIt's the only cruise line on the list with a semi-inclusive "More at Sea" — formerly known as "Free at Sea" — promotion. The company operates 28 cruise ships, several of which are the biggest in the world.

Persons: Bauer, Griffin, Brittany Chang, It's, Guy, you'll, Finnbarr Webster, Norwegian Luna, Prima flaunts, Pieter De Boer, Firenze, There's Organizations: Royal, Firenze, Costa Cruises, Grill, Cruise Line, Cruise, Norwegian Aqua, Prima, Seas Locations: Royal Caribbean, roundtrip Port Canaveral , Florida, Bahamas, Brittany, Norwegian, Alaska, Europe, Asia, Jacksonville , Florida, Haven, CocoCay, Mexican, Los, Ensenada, Mexico

☆ How we're thinking about Eli Lilly after Trump picked obesity-drug critic RFK Jr. to run HHS
▼ + stars: | 2024-11-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Shares of obesity drugmaker Eli Lilly fell more than 4% on Friday, extending a roughly 3% slide in Thursday's session. Ozempic is the posterchild of the fast-growing GLP-1 class, in which Novo Nordisk and Eli Lilly are currently the two dominant players. Bottom line Eli Lilly has been our favorite drug stock for years thanks to its stellar pipeline led by GLP-1s. But, at this point, Kennedy's nomination requires us to be more cautious on Eli Lilly in the near term. Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.

Persons: Eli Lilly, Donald Trump, Robert F, Kennedy Jr, Kentucky Sen, Rand Paul, Kennedy, Trump, Eli Lilly's, John F, Kennedy —, LLY, Eli Lilly's GLP, Jim Cramer, David Ricks, Lilly, It's, Jim, it's, Jim Cramer's, Cristina Arias Organizations: Republican, Department of Health, Human Services, HHS, and Drug Administration, Centers for Disease Control, Medicare, Medicaid, Senate, Democratic, GOP, Media, Novo Nordisk, Moderna, Pfizer, Deutsche Bank, GSK, White, CDC, Street Journal, GLP, Big Pharma, FDA, tirzepatide, CNBC, Company, Pharmaceutical Locations: Washington, Kentucky, Danish, U.S, Alcobendas, Madrid, Spain

CNN —Israel’s war conduct in Gaza “is consistent with the characteristics of genocide,” including mass civilian casualties and using starvation as a weapon, according to a new United Nations Special Committee report released Thursday. The UN committee added that Israeli officials have publicly supported policies to destroy “vital water, sanitation and food systems” in Gaza as well as prevent access to fuel. The UN Special Committee is composed of three UN member states, including Malaysia, Senegal and Sri Lanka. But the US view is a stark contrast with the bleak picture on the ground, where much of the aid that reaches Gaza is not being distributed. “We have not seen any aid, and no one has sent us food,” 63-year-old Palestinian Umm Muhammad Al-At’out told CNN this week.

Persons: CNN —, “, Biden, Muhammad Al, At’out, ” CNN’s Jane Nix, Mick Krever Organizations: CNN, United Nations, International Court of Justice, Security Council, UN, Court of Justice, Hamas, Human Rights Watch, The State Department Locations: Gaza, Israel, South Africa, UN’s, Malaysia, Senegal, Sri Lanka

☆ U.S. finalizes $6.6 billion chips award for TSMC ahead of Trump return
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +1 min

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona. The binding contract — after a preliminary agreement announced in April — is the first major award to be completed under the $52.7 billion program created in 2022. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030. TSMC also agreed to use its most advanced chip manufacturing technology called "A16" in Arizona.

Persons: Amber Wang, —, Donald Trump, TSMC, naysayers, Gina Raimondo Organizations: Taiwan Semiconductor Manufacturing Company, Center, U.S . Commerce Department, Taiwan Semiconductor Manufacturing Locations: Hsinchu, AFP, Phoenix , Arizona, Arizona, United States

☆ YouTube has added a 'gifting' feature to its vertical streams, ramping up the competition for livestream e-commerce
▼ + stars: | 2024-11-15 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

YouTube is adding a "gifting" feature for vertical livestreams that allows users to purchase digital gifts for streamers, similar to a feature that fuels livestream sales on TikTok. Related Video TikTok could be banned in US after House voteTikTok's LIVE Gifts feature operates similarly. Livestream e-commerce in the United States is expected to grow to $68 billion by 2026, according to Statista, a data research firm. AdvertisementGoogle is also looking to expand its own shopping feature. YouTube Shopping allows creators to make "collections" of products that viewers can purchase.

Persons: TikTok, ByteDance Organizations: YouTube, Google, Forbes Locations: China, TikTok, United States, livestreams, Culver City , California, Indonesia

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