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Peloton announced that Ford executive Peter Stern will join the company as its new CEO. The fitness company is betting Stern can help turn things around. He's expected to focus on trimming spending and retaining current Peloton subscribers. Peloton announced in May 2024 that CEO Barry McCarthy would be stepping down. McCarthy's departure came as the fitness company announced it was cutting around 15% of its workforce.

Persons: Peter Stern, Stern, —, Simeon Siegel, Neil Saunders, Saunders, Siegel, Scott Markman, Barry McCarthy, Everest Organizations: Ford, Service, Capital Markets, GlobalData, Apple

With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.

Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard

☆ Progressives gear up for their first big fight if Harris wins: Protecting Lina Khan
▼ + stars: | 2024-10-31 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

With Republicans favored to win the Senate, Harris may have few opportunities to pursue an ambitious legislative agenda, shifting the Democratic ideological fight to key personnel decisions. “It’d be a strategic blunder for Harris to pick an ugly fight over Lina Khan’s future when there’s already strong consensus among Democrats. Moderate senators like Bob Casey and Jackie Rosen are actively campaigning on the FTC’s work to lower prices,” said a Senate Democratic aide, who was granted anonymity to discuss a sensitive subject. Removing her would not only infuriate the left but it could provoke a confirmation fight with Senate Republicans over her replacement. Some in the progressive movement believe Harris should simply leave her there without going through confirmation again in the Senate if need be.

Persons: WASHINGTON, Kamala Harris tacks, Lina Khan, Harris, ”, Dan Geldon, Sen, Elizabeth Warren, “, ” Geldon, Mark Cuban, Gary Gensler, Barry Diller, Reid Hoffman, Hoffman, ” “, Adam Green, Kamala Harris, Joe Biden, Ron Klain, Khan, Danielle Deiseroth, MAGA, Lina Khan’s, there’s, Bob Casey, Jackie Rosen, Alexandria Ocasio, Bernie Sanders, “ Khan, Jeff Hauser, he’s, Ohio Democratic Sen, Sherrod Brown, Geldon, General Merrick Garland, Donald Trump, Michael Dorf, Neil Buchanan, Ezra Levin, Biden, we’d, ” Levin Organizations: Federal Trade, Biden, Republicans, NBC, Securities, Exchange, Billionaire Democratic, Democratic Party, Democratic, Facebook, Progress, Trump, Will, Progressives, SEC, Crypto, Ohio Democratic, Banking Committee, Cuban, Monday, Trump Republicans, Republican Locations: Alexandria, Cortez, Ohio, Harris ’, Washington

☆ 30 essential tips for living a longer, happier, more successful life with no regrets
▼ + stars: | 2024-10-31 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +6 min

The anti-aging market is littered with innovative products and procedures that promise consumers a healthier, happier, longer life. But prolonging your life isn't only about physical fitness: a near 90-year-long study from Harvard University found that those who live happier, longer lives have good relationships. If you want to live longer and feel more fulfilled you probably don't need lasers or freezers. 30 essential tips for living a longer, happier, more successful life1. If you can't drive, don't live somewhere where the doctor is a 30-minute car ride away.

Persons: superagers, dieticians, Warren, Buffets, Valter Longo, David Watson, Warren Buffet, Neil Paulvin, Danielle Miura, Mark La Spisa, García, Francesc Miralles, Charlie, Munger, Warren Buffett, it's, Thema Bryant Organizations: Harvard University, Italy —, Cancer Laboratory, IFOM, of Oncology, University of Notre Dame, GameStop Locations: New York City, Blue, Okinawa, Japan, Sardinia, Italy

But for some Arizona voters, only Trump’s election denialism is resonating. A Fox News poll in late August found 32% of Arizona voters surveyed didn’t believe Biden was legitimately elected president. Taylor Hammond, 30, a real estate agent from Phoenix, doesn’t believe Trump lost in 2020. Speaking at a campaign event in Tucson in 2022, Lake said: “We don’t have any McCain Republicans in here, do we? But for other voters, Lake’s false claims about her election loss resonated.

Persons: Donald Trump, Kari Lake, John Giza, Trump, “, parroting Trump’s, Lake’s, Katie Hobbs, ”, Karen Miller, Miller, ” Miller, “ It’s, Brendan Dolleman, Pinal County Sheriff Mark Lamb, Dolleman, Lamb, Ruben Gallego, Sen, Kyrsten Sinema’s, Kamala Harris, Joe Biden, Bill Clinton, didn’t, Biden, Taylor Hammond, Hammond, Lake, ” Hammond, Tyler Hammond, Stephen Richer, don’t, “ I’m, John McCain, McCain, Cindy McCain, ” Neil Rubin, Rubin, Dana Morrison, Hobbs, ” Morrison, Sally Foree, ” Barrett Marson, wasn’t, “ Donald Trump, ” Marson, “ There’s Organizations: Arizona GOP, Walmart, Trump, Lake, NBC News, Senate, ”, Pinal County Sheriff, Republican, Democratic Rep, Democrat, Arizona, Fox, Republicans, Voting, Fox News, Dominion, Mar, Republican Maricopa, CNN, Arizona Republican, “ McCain Republicans, McCain, McCain Republicans, Democratic Locations: Arizona, Giza, Prescott Valley, Scottsdale, Pinal County, ”, Gallego, Maricopa, Phoenix, Republican Maricopa County, Tucson, America, Peoria, Ahwatukee

☆ Why the October jobs report on Friday could sink the market's soft-landing narrative
▼ + stars: | 2024-10-30 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

September's payrolls report exceeded expectations, but economists see weak gains for October. Even with lower expectations, a poor print could reset the market's narrative around a soft landing. AdvertisementThe narrative around ongoing labor-market strength revived with September's payrolls report, which topped economists' expectations by over 100,000 jobs. "The October jobs report will likely show a severe but short-lived hit from hurricanes Helene and Milton," Adams said. Another sign that September's jobs numbers may have been overstated is that other employment indicators haven't started to trend upwards.

Persons: September's, —, Hurricanes Milton, Helene, Tom Essaye, Ben McMillan, McMillan, Goldman Sachs, there's, Goldman, Claudia Sahm, Michael Cuggino, Bill Adams, Milton, Adams, Neil Dutta, David Rosenberg, Rosenberg, Dutta Organizations: Service, Bureau of Labor Statistics, Hurricanes, Boeing, IDX Advisors, of Labor Statistics, Comerica, Funds, Federal Reserve, Macro, BLS, PMI

☆ RFK Jr. to remain on the ballot in 2 swing states despite attempts to get himself removed, Supreme Court rules
▼ + stars: | 2024-10-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The Supreme Court on Tuesday denied his two last-ditch requests in Michigan and Wisconsin. AdvertisementIt's official: Robert F. Kennedy Jr. will remain on the ballot in Wisconsin and Michigan. The Supreme Court on Tuesday denied two last-minute requests from Kennedy's lawyers filed this month in an effort to remove his name from the ballot in the crucial swing states. AdvertisementThe Supreme Court Justices did not issue any explanation for their ruling, as is typical for emergency decisions such as this. Representatives for Kennedy Jr. and the Supreme Court did not immediately respond to requests for comment from Business Insider.

Persons: Trump, —, Robert F, Kennedy Jr, Donald Trump's, Kennedy, Neil Gorsuch Organizations: RFK Jr, Service, Business, Trump, Madison, Garden Locations: Michigan, Wisconsin, Arizona , Nevada , North Carolina, Pennsylvania, Florida , Ohio, Texas

☆ Adidas is getting back on track after Yeezy woes
▼ + stars: | 2024-10-30 | by ( Maria Noyen | ) www.businessinsider.com time to read: +4 min

Adidas posted strong third-quarter growth. Operating profit jumped to 598 million euros ($646 million) from 409 million euros ($442 million) the year before. AdvertisementBjørn Gulden, who took over as Adidas CEO in 2023, said the Q3 numbers were evidence that Adidas is "moving in the right direction." Adidas stock dipped slightly on Wednesday but is up 20% since the start of the year, valuing the company at almost 40 billion euros ($43 billion). Related storiesOne of the reasons Adidas is finding success in the increasingly competitive athleisure and footwear industry is through the revival of retro styles such as the Adidas Samba, which was coronated the "It Shoe" of 2023.

Persons: Bjørn Gulden, —, Ye, Bjørn, Alexander Hassenstein, Neil Saunders, Gulden, Matthew Quint, Quint Organizations: Adidas, Service, Kanye, Puma, Center, Global Brand Leadership, Columbia Business School, Nike Locations: China

WASHINGTON — The Supreme Court on Tuesday rejected a long-shot bid by Robert F. Kennedy Jr., who ended his independent presidential campaign, to remove his name from the ballot in the key swing states of Wisconsin and Michigan. Voting is already underway in both states, so it never seemed likely the Supreme Court would grant Kennedy's requests. The Wisconsin Supreme Court and the Michigan Supreme Court both ruled against Kennedy last month. Kennedy has not sought to remove himself from the ballot in all states. In fact, in New York he tried to have his name added to the ballot in a bid to frustrate Democrats, a move the Supreme Court rejected in September.

Persons: WASHINGTON —, Robert F, Kennedy Jr, Kennedy, Trump, Neil Gorsuch, Kennedy's, Joe Biden Organizations: Wisconsin Supreme, Michigan Supreme, Democratic Locations: Wisconsin, Michigan, New York

☆ Willie Nelson talks about grief, legalizing marijuana and that Beyoncé collaboration
▼ + stars: | 2024-10-29 | by ( Andrew Kirell | Andrew Kirell Is A News Editor With Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

Willie Nelson is no stranger to confronting his mortality. (“When I listened back to my dad’s vocal on it, I just started bawling,” Micah Nelson said in the album’s accompanying essay.) He expressed joy about working with Micah Nelson, 34, who played a key role in making the album. He then launched into rollicking versions of the classics “Mammas Don’t Let Your Babies Grow Up to Be Cowboys” and “On the Road Again.”“We’re feeling hopeful,” Annie Nelson said on the call. “He doesn’t want to make Bob Dylan sad,” Annie Nelson chimed in.

Persons: Willie Nelson, ”, Micah Nelson, Tom Waits, “, Nelson, —, Kris Kristofferson, “ I’ve, ” Nelson, ” Warren, ” Micah Nelson, Kristofferson, Toby Keith, Loretta Lynn, Paul English, Bobbie Nelson, Johnny Cash, Merle Haggard, Waylon Jennings, Guy Clark, Nelson’s, Rene Butts, Billy, ” Willie, Neil Young, “ I’m, Annie D’Angelo Nelson, “ Micah, Waits, Young, Beck, Carter, ‘ Heck, ” Nelson's, Kamala Harris Nelson, Kamala Harris, hasn’t, Joe Biden, Beto O’Rourke, Harris, Colin Allred, Kamala ”, Harris ’ Beyoncé, ’, ” Harris, Walz, ” Annie Nelson, Willie, Andrea Drummer, “ Willie, ” Annie, Bob Dylan, Annie Nelson chimed, “ Bob Dylan doesn’t Organizations: Rep, Harris and, Cowboys Locations: Harris and Texas, Florida, Dallas, Houston, West Hollywood , California, U.S

☆ McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
▼ + stars: | 2024-10-29 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

McDonald's global sales fell for the second consecutive quarter, down 1.5%. AdvertisementGlobal sales at McDonald's have fallen for a second consecutive quarter as the fast-food chain struggled in international markets, especially France, the UK, China, and the Middle East. Sales were down 1.5% in its third quarter, following from a 1% slide in the previous quarter, ending June 30. Comparable sales in the US were virtually flat, up 0.3% from the same period in 2023, while sales in international markets dropped 2.1%. Sales in licensed international markets fell 3.5%.

Persons: —, Chris Kempczinski, Neil Saunders Organizations: Service, Consumers Locations: France, China, McDonald's

☆ NASA Astronaut Rates Space Movies
▼ + stars: | 2024-10-29 | by ( Ian Phillips | David Ibekwe | ) www.businessinsider.com time to read: +1 min

Retired NASA astronaut Nicole Stott watches and rates the realism of how outer space is portrayed in movies. She breaks down what would actually happen if you went outside in space without a helmet as seen in "Guardians of the Galaxy Vol. She explains the challenges of docking to a space station in "Interstellar," starring Matthew McConaughey, Anne Hathaway, and Matt Damon. Finally, she relates her own experiences in low gravity in "Passengers," starring Chris Pratt, Jennifer Lawrence, and Laurence Fishburne. During Nicole Stott's 30-year career at NASA, she worked as an engineer on the space shuttle and International Space Station programs and flew on two space missions.

Persons: Nicole Stott, Chris Pratt, Zoe Saldana, Bradley Cooper, Tom Hanks, Kevin Bacon, Bill Paxton, Sandra Bullock, George Clooney, Matthew McConaughey, Anne Hathaway, Matt Damon, Brad Pitt, Ben Affleck, Bruce Willis, Liv Tyler, John Glenn, Ed Harris, Dennis Quaid, Neil Armstrong, Ryan Gosling, Jennifer Lawrence, Laurence Fishburne, Nicole Stott's Organizations: NASA, Guardians, Astra, Space, Art Foundation

Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.

Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, ”, Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, “, OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, ”, Nord, Ukraine, Hurricane, America, ife, Abo, TIR

☆ Supreme Court rules RFK Jr. will appear on Michigan and Wisconsin ballots despite suspending campaign
▼ + stars: | 2024-10-29 | by ( John Fritze | ) edition.cnn.com time to read: +1 min

CNN —The Supreme Court declined Tuesday to let Robert F. Kennedy Jr. withdraw his name from ballots in Michigan and Wisconsin, battleground states where votes for his now suspended campaign could cut into support for former President Donald Trump. Kennedy, who left the presidential race in August and endorsed Trump, urged the Supreme Court in an emergency appeal to force the states to yank his name from the ballots. The Supreme Court handed down its decision without further explanation, which is common on its emergency docket. The Supreme Court also rejected that request. “This election is not merely ‘imminent,’ it is already underway, and voters are already voting,” Michigan officials had told the Supreme Court.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, yank, Neil Gorsuch Organizations: CNN, Supreme Court, Michigan, ”, Supreme Locations: Michigan, Wisconsin, New York, “, ” Michigan

☆ Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.
▼ + stars: | 2024-10-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, the first of our five-part refresher series on the potential impact Donald Trump and Kamala Harris presidencies could have on US consumers. Business Insider's Matthew Fox detailed how Wall Street sees former President Donald Trump and Vice President Kamala Harris affecting the investment landscape if they win the White House. One of the biggest areas where Harris and Trump differ is their proposed tax policies, which are believed to have big impacts on stocks. AdvertisementTrump's universal tariffs proposal is also viewed as having a big impact. It's a big week for Apple.

Persons: —, Donald Trump, Kamala Harris, Jenny Chang, Rodriguez, Matthew Fox, Harris, Trump, it's, Alyssa Powell, Joe Biden, Steve Sosnick, Neil Dutta, Goldman Sachs, Morgan Stanley, Rebecca Zisser, Elon Musk, James Yates, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Getty, BI, White, Bank of America, Interactive Brokers, JPMorgan, Twitter, Elon, Apple, Apple Intelligence, iOS, Venture, Ford Motors, MLB, LA Dodgers, New York Yankees, Forbes Locations: It's, New York, London, Chicago

It’s scary as hell.”A kerfuffle between the city’s Democratic leadership and the Harris campaign could complicate the outcome. “They [the Harris campaign] didn’t give us enough,” Brady said. A bunch of Harris signs were found strewn in a ditch in Montgomery County. In the last week, the Harris campaign says that it has knocked on 235,000 doors in the suburban counties alone. The Trump campaign official said that the campaign has opened a total of four offices in the suburbs.

Persons: Harris, Trump, fryer, Harris ’, Bob Brady, Biden, Harris won’t, Brady, “ I’ve, He’s, ”, ” Brady, Walz, “ Trump, Casey, Sen, Bob Casey, they’ll, Hoeffel, there’s, Neil Makhija, he’s, who’ve, Josh Maxwell, Chester County’s, ” Maxwell, Ricky Carioti Organizations: Trump, Bucks, CNN, Democratic, Democratic Party, Philadelphia Democrats, Pennsylvania Democrat, Washington, Getty Locations: Bucks County, Delaware County, Pennsylvania, Philadelphia, Philly, Wayne, Italian, Montgomery County, Florida

☆ How America's Economy Managed to Avoid Recession, Job Market Disaster
▼ + stars: | 2024-10-27 | by ( Neil Dutta | ) www.businessinsider.com time to read: +9 min

AdvertisementWe're not in a recessionTo determine whether the economy is in recession, it helps to first define the term. Sure, the yearlong payrolls were adjusted down, but the story has largely been the same: This is a cooling but not collapsing labor market. Despite the 50-basis-point interest-rate cut by Chairman Jerome Powell and the rest of the Fed, there's evidence of additional slowing in the labor market. Since the rate cut, I've grown more confident that it will act in the face of weaker employment data. If the labor market deteriorates and the unemployment rate increases, we ought not to rule out another 50-basis-point move.

Persons: We're, —, Jerome Powell, there's, Powell, Stocks Organizations: Federal, National Bureau of Economic Research, Social Security, Conference Locations: America

☆ Mark Cuban praises Trump's 'great personality' but stands by assertion that he was a 'lousy president'
▼ + stars: | 2024-10-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Mark Cuban has been on a media blitz campaigning for Vice President Kamala Harris. Cuban said Trump was a "lousy president" and "he'll be a worse president this time." After Cavuto asked Cuban to respond to Trump's attacks on him, Cuban said that it indicated his inability to focus. A spokesperson for Trump's campaign did not immediately respond to a request for comment sent outside working hours. Recently, the billionaire entrepreneur has been on a media campaign, speaking on various platforms, from the "All-In" podcast to The New York Times.

Persons: Mark Cuban, Kamala Harris, Donald Trump, Cuban, Trump, —, Kamala Harris's, Fox Business's Neil Cavuto, He's, Cavuto, Harris Organizations: Fox Business, Service, Cuban, Business, New York Times Locations: Wisconsin , Arizona, Michigan

“Kamala is weak, dishonest, and dangerously liberal, and that’s why the American people will reject her on November 5th.”The Harris campaign declined to comment for this article. “Well, I’m clearly a woman,” Harris told NBC News in her interview Tuesday. Before becoming vice president, Harris was elected three times statewide in California, first as attorney general and then as a U.S. senator. Polling shows younger Black men, while still backing Harris overall, have shown historic interest in the Republican candidate this election cycle. “She’s not concerned about being the first,” the Harris campaign official said.

Persons: Kamala Harris, Harris isn’t, Donald Trump, Harris, Trump, —, Anne Landers, Ruby Smalls, Jean Carroll, “, — Kamala, Joe Biden’s, ” Trump, Karoline Leavitt, “ Kamala, ”, Hillary Clinton, she’d, ” Harris, ” Carol Moseley Braun, ” Moseley Braun, …, she’s, Joe Biden, they’re, Clinton, Israel Anta, Zuma, Patricia Kipp, Tyler Hammond, Taylor Hammond, Sen, JD Vance, Ohio, Neil Rubin, Lara Trump, “ Y’all, ” Lara Trump, Brandon S, “ Trump, he’d, ” Sharmen, ‘, Barack Obama, Obama, I’m, I’ve, Kalid Meky, Meky, Tim Walz, Walz, Doug Emhoff, Tim, James Brown, Harris ’, Jennifer Lawless, ” Lawless, “ Harris, ” Clinton, “ She’s Organizations: NBC News, Trump, NBC, Democratic National Convention, Democratic, Republican, Minnesota Gov, University of Virginia, Center for American Women Locations: McDonald’s, Reno , Nevada, Decatur , Georgia, Savannah , Georgia, U.S, Illinois, California, San Francisco, Trump's, Fayetteville, N.C, Prescott , Arizona, Peoria , Arizona, Charlotte , North Carolina, North Korea, Pennsylvania, Michigan, Wisconsin, Ukraine, Pittsburgh, Vegas, Minnesota, United States of America, United States

☆ Denny's is closing 150 locations in the latest sign of the squeeze on family dining
▼ + stars: | 2024-10-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

AdvertisementDenny's is the latest casualty of the squeeze on family dining chains, announcing this week that it plans to close about 150 locations before 2026. "We believe this is absolutely the right thing to do to make our system stronger," Denny's CEO Kelli Valade told investors. "Everyone has lost traffic," Denny's CEO Valade said. The turn toward takeoutThe rise in takeout has also impacted family dining as more customers look to order food in rather than go out. "They are drawing customers away from traditional family dining establishments," Puzhakov said.

Persons: —, Kelli Valade, Valade, Gregg Majewski, Neil Saunders, Tomas Gorny, Gorny, Elijah Puzhakov, Puzhakov Organizations: Service, Securities, Exchange, Craveworthy Brands, McDonald's, KFC Locations: Olive, takeout

Amid the flurry of partnerships announced on the occasion was a deal between Reliance and Nvidia to build AI infrastructure in India. Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world's biggest technology markets. Nvidia also announced Nemotron-4-Mini-Hindi 4B — a small language model in Hindi, the widest-spoken of India's multitude of languages. Companies running Nvidia hardware can deploy this language model, while Indian IT consultancy Tech Mahindra is using Nvidia's model to launch its own Hindi AI model, Project Indus 2.0. "India is very, very dear to the world's computer industry, central to the IT industry," Huang said.

Persons: Huang, Jensen Huang, Akshay Kumar, Mukesh Ambani, Narendra Modi, Modi, Neil Shah, Shah Organizations: Reliance, Nvidia, Yotta, Tata Communications, Reliance Industries, Companies, Indian, Tech Mahindra, Infosys, Wipro, TCS, Reliance Jio, Ambani's Reliance Industries, Counterpoint Research, CNBC Locations: India, Mumbai, American

☆ Here's how much you can make in 2025 and still pay 0% capital gains
▼ + stars: | 2024-10-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you're ready to rebalance investments or harvest profits, you could shield more earnings from capital gains taxes in 2025. The IRS on Tuesday announced dozens of inflation adjustments for 2025, including long-term capital gains brackets, which apply to assets owned for more than one year. Starting in 2025, there are higher taxable income thresholds for the 0% capital gains bracket, meaning investors can sell more assets without triggering taxes. The 0% capital gains bracket creates a "significant opportunity" for tax planning, according to certified financial planner Neil Krishnaswamy, president of Krishna Wealth Planning in McKinney, Texas. Here's what to know about the 0% long-term capital gains rate for 2025 and how to qualify.

Persons: Neil Krishnaswamy, Krishnaswamy Organizations: IRS, Krishna Wealth, Finance Locations: McKinney , Texas

☆ Amazon Prime wants to help you save on gas
▼ + stars: | 2024-10-24 | by ( Erika Tulfo | ) edition.cnn.com time to read: +3 min

CNN —Prime members can now add “fuel discounts” to their ever-growing list of benefits. Members can avail themselves of the discount by linking their Amazon account to Earnify, a loyalty program app by BP. Amazon’s newest savings benefit could alleviate some of that potential grief for its over 184 million Prime subscribers. How Amazon is retaining its leadFuel and energy probably isn’t the first sector to come to mind when you think of Amazon, but analysts say that the recent inclusion of gas savings doesn’t come as too much of a surprise. “Other retailers are still playing catch up to Amazon, and Amazon wants to retain its lead,” Saunders said.

Persons: ”, Neil Saunders, Saunders, Wayfair’s, ” Saunders Organizations: CNN, Amoco, BP, GlobalData, Walmart, that’s, Target

☆ Abercrombie’s worst nightmare is back. But its customers have moved on
▼ + stars: | 2024-10-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

“We are a positive, inclusive brand, with a nice sensibility, very different from what they encountered in the past,” Fran Horowitz, now Abercrombie’s CEO, said in 2016. Today, Abercrombie’s stores are lighter than they once were and its clothes are looser. Abercrombie’s sales have grown and its stock has increased more than 400% since Jeffries stepped down as CEO. But retail analysts say that Abercrombie’s brand won’t be hurt by the indictment because of how much separation Abercrombie has been able to create from its former CEO. Older Abercrombie customers who remember the brand’s sexualized marketing have accepted Abercrombie’s rebrand, while a new generation of customers are too young to remember the old era.

Persons: Fitch, Mike Jeffries, Jeffries, Abercrombie, “, ” Fran Horowitz, Jeffries ’, ”, ” Jeffries, Fran, Marni Shapiro, Neil Saunders, Shapiro, Papa John’s, Shaq, John Schnatter, Chip Wilson, Wilson, Lululemon, CNN’s Brynn Gingras, Kara Scannell, John Towfighi Organizations: New, New York CNN, Abercrombie, Attorney, Eastern, of, XXL, Netflix, Fitch, Penske Media, GlobalData, CNN Locations: New York, Peace, U.S, of New York

☆ New Boeing CEO to give clues about company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +7 min

Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. “I think it’s going to be a tight vote,” Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751, told CNBC on Tuesday. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Mending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call.

Persons: Kelly Ortberg, “, ” Jon Holden, RTX, Neil Mitchill, Collins, Rockwell Collins, Robert " Kelly, Ortberg, ”, Ken Herbert, Julie Su, Holden, ” Holden, Joe Biden, Biden, —, Phil LeBeau Organizations: Boeing, International Association of Machinists, Aerospace Workers, CNBC, GE Aerospace, AFP, Getty, Air Force One, Workers, Puget, Labor, Spirit, Aerospace Industries Association Locations: underperformance, Seattle, South Carolina

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