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☆ Japan orders ‘drastic reforms’ for Toyota after fresh certification violations
▼ + stars: | 2024-07-31 | by ( ) edition.cnn.com time to read: +2 min

Tokyo Reuters —The Japanese government ordered Toyota Motor on Wednesday to make “drastic reforms” after discovering new violations in the automaker’s vehicle certification procedures. In a so-called corrective order, the Transport Ministry said on-site inspections had uncovered widespread, intentional misconduct and irregularities in seven additional models that had not been previously disclosed. Toyota and four other vehicle makers admitted in June they had submitted either flawed or manipulated data when applying for certification of vehicles. Toyota said it was planning to resume production of these models from the beginning of September after the Transport Ministry confirmed they met compliance requirements. The ministry said six of the seven additional Toyota models with irregularities were also certified in other countries, and it had alerted overseas authorities about the issues.

Persons: Noah, Voxy Organizations: Tokyo Reuters, Toyota Motor, Transport Ministry, Toyota, Corolla Fielder, Corolla, Lexus, Daihatsu, Lexus LM Locations: Tokyo

☆ Microsoft says OpenAI is now a competitor in AI and search
▼ + stars: | 2024-07-31 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. In the filing, Microsoft identified OpenAI, the creator of the ChatGPT chatbot, as a competitor in AI offerings and in search and news advertising. Microsoft CEO Satya Nadella reportedly wasn't briefed before OpenAI's board pushed out CEO Sam Altman in November. Suleyman, who had co-founded and led startup Inflection AI, was named CEO of a new unit called Microsoft AI, and several Inflection employees joined him. WATCH: OpenAI announces a search engine called SearchGPT

Persons: Satya Nadella, Sam Altman, OpenAI, It's, it's, wasn't, Altman, Nadella, Mustafa Suleyman, Suleyman, Sam Organizations: Microsoft, Apple, Google, Meta, OpenAI, Bing, CNBC, New York Times Locations: San Francisco, OpenAI

☆ Meta set to report second-quarter earnings after the bell
▼ + stars: | 2024-07-31 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta is slated to report second-quarter earnings on Wednesday after the close of regular trading. Meta's ad revenue is projected to show an increase of 19% to $37.6 billion, according to StreetAccount. Heading into Meta's report on Wednesday, the digital ad market has shown some signs of weakness. Alphabet reported lower-than-expected ad revenue out of YouTube last week, and on Tuesday, Pinterest issued disappointing third-quarter guidance, leading to a 15% plunge in the stock after hours.

Persons: Mark Zuckerberg, LSEG, Meta, Zuckerberg, Emily Chang, Sundar Pichai, Pichai, Pinterest, Julia Brau Donnelly Organizations: Meta, Google, YouTube, Labs, Revenue, Quest VR, Microsoft Locations: Menlo Park , California

Former President Donald Trump is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13 in Butler, Pennsylvania. Anna Moneymaker/Getty ImagesMore than two weeks after Donald Trump survived an assassination attempt, federal investigators are still trying to uncover the motive of the former president’s would-be assassin. Rojek also said that Trump has agreed to sit for a victim interview with the FBI – a routine part of criminal investigations. Crooks, Rojek said, used aliases to make firearms-related purchases online, beginning in the spring of 2023. CNN has reported that text messages between law enforcement before the shooting began suggest that some officers raised Crooks’ presence at the rally more than 90 minutes before he climbed onto a roof and began firing at Trump.

Persons: Donald Trump, Anna Moneymaker, Thomas Matthew Crooks, Kevin Rojek, Rojek, Trump, Crooks, ” Crooks, Republican Sen, Chuck Grassley Organizations: Secret, FBI, Pittsburgh Field Office, Monday, CNN, Trump, Republican, Emergency Unit, The New York Times Locations: Butler , Pennsylvania, Beaver

☆ How Harris may win back a critical group of voters who abandoned Biden
▼ + stars: | 2024-07-30 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

With Harris at the top of the ticket, Democrats now see a chance to refocus voters on the issue and restore their margins among the abortion rights voters who had notably drifted away from Biden. In both the 2020 and 2022 campaigns, voters who backed legal abortion provided overwhelming support to Biden and other Democratic candidates. Across all of those battleground states, Biden this year was performing well below that level with voters who support legal abortion, polls have found. Those abortion rights voters also split about evenly on whether Biden or Trump was better for the economy. “Many of them aren’t single issue abortion voters; they are worried about the economy and inflation, they are worried about immigration,” McLaughlin said.

Persons: Kamala Harris, Joe Biden, wasn’t, Donald Trump’s, Harris, Biden, ”, Democratic pollster Anna Greenberg, “ It’s, Dobbs, Charles Franklin, Tony Evers, Katie Hobbs, Josh Shapiro, Gretchen Whitmer, Whitmer, Shapiro, Franklin, Trump, Roe, Wade, “, Lake, Melissa Williams, ” Harris, Tresa Undem, ‘ what’s, –, Greenberg, ” Greenberg, —, John Della Volpe, Della Volpe, energize, Jason Cabel Roe, ” Trump, He’s, “ Donald Trump, Jim McLaughlin, McLaughlin, ” McLaughlin, Williams, JD Vance, ” Williams Organizations: CNN, Democratic, Edison Research, Democratic House, Democrats, Marquette Law School, SSRS, Quinnipiac University, Yahoo, Quinnipiac, Trump, Times, YouGov, Biden, Catholic, ” Voters, GOP, Harvard Kennedy School Institute of Politics, Republican Party, “, Republicans, White House Locations: The Marquette, Pennsylvania , Wisconsin, Arizona, Georgia, Wisconsin, Pennsylvania, Michigan, London, Harris, Iowa, America, Trump

Kevin Levu faces unpredictable dangers during his nursing shifts, including the risk of being stabbed or beaten. A travel nurse, Levu works at Pelican Bay State Prison, which is home to some of the most violent inmates in California. Being a travel nurse "provides a lot of freedom in my life," he says. Zoom In Icon Arrows pointing outwards Kevin Levu in the army. "Kevin Levu at home.

Persons: Kevin Levu, Levu, Chuck Greenwood, I'm, —, there's, wasn't, nudged, Fort Sam Houston, didn't, Doctors, Kevin, fanny, gurney, he's, they're Organizations: CNBC, Pelican, Fort, Fresno City College, IRA, Netflix, Spotify, Toyota Tacoma Locations: Pelican Bay, California, Brookings , Oregon, U.S, Pelican, Crescent City, Northern California, Levu, Oklahoma, San Antonio , Texas, Kevin, Fresno , California, Placerville , California

☆ We're upgrading Microsoft after earnings. The stock has pulled back enough lately
▼ + stars: | 2024-07-30 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours trading. Office Consumer Products and Cloud Services revenue grew 3% as Microsoft 365 Consumer subscriptions grew 10% to 82.5 million. Windows Commercial Products and Cloud Services revenue increased 11%, driven by demand for Microsoft 365. Despite the solid fiscal Q1 outlook for Intelligent Cloud revenue, management guided Azure's constant currency revenue growth to 28% to 29%. Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: We're, Satya Nadella, Nadella, Amy Hood, Hood, That's, Jim Cramer's, Jim Cramer, Jim, Jason Redmond Organizations: Microsoft, Revenue, Nvidia, Broadcom, Devices, AMD, Investors, Products, Cloud Services, Consumer Products, Dynamics Products, Enterprise Mobility, Activision, Windows, —, Xbox, Management, CNBC, AFP, Getty Locations: OpenAI, pare, Redmond , Washington

☆ Where are China's ultra-rich parking their wealth amid a slowing economy?
▼ + stars: | 2024-07-30 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +5 min

At a time when China's economy is facing headwinds, and growth has been slowing, where are the Chinese ultra-rich, whose numbers are expected to swell to 144,897 by 2028 from 98,551 in 2023, parking their wealth? However, the country's high-end property market remains a favored asset. Luxury real estate"There has been a noticeable increase in transactions within Shanghai's luxury real estate sector," said James Macdonald, head of China research at global real estate firm Savills, attributing it to a recent policy easing by the government. That said, China's luxury real estate market is still primarily concentrated in the core areas of first-tier cities, said Li. Other local investment classes, such as the wider property market and China-listed stocks are not as popular among the ultra rich, experts told CNBC.

Persons: Weiquan Lin, Frank, James Macdonald, Savills, Stephen Pau, Sam Xie, CBRE's, Xie, Arbour, Tian Di, Knight Frank Head of, Pacific Research Christine Li, Li, Nick Xiao, Xiao, Yongyuan Dai, Pau, defensiveness Organizations: CNBC, Pacific Research, Overseas, Domestic Institutional Investors, Domestic Limited, Hywin Locations: China, Shanghai, Lujiazui, Knight Frank Head of Asia, Pacific, Hong Kong, Yongyuan, Pau

☆ Princess Leia’s ‘Return of the Jedi’ bikini sells at auction for $175,000
▼ + stars: | 2024-07-30 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —A golden bikini costume worn by Carrie Fisher on the set of “Return of the Jedi” has sold at auction for $175,000. Worn by Princess Leia after she is captured by Jabba the Hutt and forced into slavery, the costume has become a cult favorite among “Star Wars” fans. Dallas-based Heritage Auctions, which hosted the sale, described it as being “among the most memorable” outfits in the franchise’s history. “George (Lucas) said, ‘We want to show that Princess Leia is growing up,’” recalled Miller, who died in 2022 aged 80. And that’s why the slave costume was introduced.”Miller recalled that Fisher “didn’t like” the bikini, which he attributed to it fitting poorly.

Persons: Carrie Fisher, ”, Princess Leia, Jabba the Hutt, sexualizing Fisher, George Lucas, TJ Roth, Nilo Rodis, Richard Miller, Miller, “ George, Lucas, ‘, Leia, ’ ”, ” Miller, Fisher, Darth Vader, modelmaker Colin Cantwell, Scrooge, Celeste Holm, Daniel Radcliffe, “ Harry Potter, Thor, Bram Stoker’s Dracula ”, “ I’ve, Joe Maddalena Organizations: CNN, “ Star, Dallas, NPR, Heritage Auctions, Heritage Locations: New York City, “

☆ Japan's Nomura triples profit in first quarter as end of deflation spurs wealth management
▼ + stars: | 2024-07-30 | by ( ) www.cnbc.com time to read: +2 min

A pedestrian walks past illuminated signage for Nomura Securities Co., a unit of Nomura Holdings Inc in Tokyo, Japan. Nomura Holdings, Japan's largest brokerage and investment bank, reported a 195% jump in first-quarter profit on Tuesday as the rally in global markets and return of domestic inflation bolstered demand for its wealth management services. Nomura said net profit in the April-June period was 68.9 billion yen ($446 million) versus 23.3 billion yen a year earlier. Pre-tax income in the wealth management segment grew 84% compared to the same period the previous year to reach its highest since the 2015/16 financial year. Nomura has a dominant position in wealth management in Japan and the business accounted for roughly half its pre-tax profit in the previous financial year.

Persons: Nomura, Takumi Kitamura, Kitamura Organizations: Nomura Securities Co, Nomura Holdings Inc, Nomura Holdings, Investment Locations: Tokyo, Japan, U.S

☆ Microsoft has investors really freaking out about Big Tech's AI spending
▼ + stars: | 2024-07-30 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Shares fell in post-market trading after Microsoft released its fourth-quarter earnings report. Its Azure cloud unit's revenue grew 29%, slightly slower than analysts had expected. 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 . Microsoft released its Q4 earnings Tuesday afternoon, and the company grew its Azure cloud unit's revenue by 29%.

Persons: Satya Nadella, — Organizations: Microsoft, Service, Business

☆ Man dies after contracting Ebola-like tick-borne disease in Spain
▼ + stars: | 2024-07-30 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A man has died from an Ebola-like disease named Crimean-Congo hemorrhagic fever (CCHF) after being bitten by a tick in Spain. The 74-year-old died of organ failure on Saturday in an isolation unit at the La Paz-Carlos III Hospital in the Spanish capital, Madrid, a spokesperson for the hospital told CNN on Monday. Spain has developed a national plan to deal with tick-borne diseases, including CCHF, but people should take action to avoid tick bites, Lorenzo-Morales said. Consuelo Giménez Pardo, a lecturer in medical parasitology at the University of Alcalá in Madrid, told CNN that “there will undoubtedly be more cases” of CCHF in Spain. “I expect that we will see more cases in the coming years,” Thomson told CNN on Monday.

Persons: Carlos, Jacob Lorenzo, Morales, Lorenzo, ”, Consuelo Giménez Pardo, Giménez, CCHF, Emma Thomson, “, ” Thomson Organizations: CNN, La Paz, Carlos III Hospital, World Health Organization, WHO, Canary Islands, Health, University of La, University of Alcalá, London School of Hygiene, Medicine Locations: Crimean, Congo, Spain, Spanish, Madrid, Móstoles, Toledo, Africa, Balkans, East, University of La Laguna, Western Europe, CCHF, Europe, ”, France

☆ Sex Harassment Suit Is Fourth This Year for a Top Adams Adviser
▼ + stars: | 2024-07-30 | by ( William K. Rashbaum | Dana Rubinstein | ) www.nytimes.com time to read: +1 min

The adviser, Timothy Pearson, also once sexually abused a female pastor, manipulated her into having sex with him and was abusive during the encounter about 10 years ago — prompting her to file a criminal complaint against him, the suit says. The lawsuit is the fourth action this year to accuse Mr. Pearson of sexual harassment. Like two of the others, it was brought by a male police official who said he was disgusted by Mr. Pearson’s treatment of women at a small unit Mr. Adams created to improve government efficiency. Mr. Pearson declined to comment, referring a reporter to a City Hall spokeswoman and a lawyer the city has hired to represent him. That lawyer denied any wrongdoing on Mr. Pearson’s behalf and said he would vigorously defend him and the city against the claims.

Persons: Eric Adams, ”, Timothy Pearson, Mr, Pearson, Adams, Pearson’s Organizations: New York Police Department, City Hall

☆ Ukraine Is Conscripting Thousands More Troops. But Are They Ready?
▼ + stars: | 2024-07-30 | by ( Constant Méheut | ) www.nytimes.com time to read: +1 min

Ukraine’s campaign to replenish its war-weary troops is ramping up and should help fill personnel gaps on the front line in the coming weeks, according to Ukrainian officials, soldiers and military analysts. The mobilization push has so far not significantly bolstered Ukraine’s forces on the battlefield, those people say. And some recruits who have arrived are not physically fit for combat, members of Ukrainian units have noted. But several brigades deployed on the battlefield have reported an increase in the number of conscripts they have received in recent weeks. They said they were hoping that the influx of soldiers would help Ukraine to stabilize the front line this summer.

Persons: Nazar Voytenkov, “, ” Organizations: 33rd Mechanized Brigade Locations: Ukraine

☆ AI risks destroying jobs. Tech leaders think they have the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. AdvertisementFor prominent tech figures, there's also a PR dimension to supporting the basic income concept, he said. AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

Persons: —, UBI, Jack Dorsey, Mark Zuckerberg, Elon Musk, Matthew Johnson, Geoffrey Hinton, Sam Altman, Jason Redmond, Johnson, they're, Scott Santens, Santens, computerization, there's, It's, Altman, Axel Springer, LLMs Altman, Anna Yelizarova Organizations: Service, Tesla, Business, Northumbria University, BBC Newsnight, Getty, Politico, Life Institute Locations: Paris, AFP

☆ The tech industry wants to create an AI utopia. Its leaders think Universal Basic Income is the answer.
▼ + stars: | 2024-07-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Read previewThe tech industry has grand plans for an AI utopia — and as models become ever more advanced, some tech leaders are calling for a form of universal basic income. But as AI companies race toward artificial general intelligence, the conversion is getting more urgent. Making AI work for everyoneMany of the people developing AI think a basic income system could help mitigate the tech's negative impact on workers. Recently, the OpenAI CEO also floated the idea of what he calls "universal basic compute." AdvertisementAnna Yelizarova, a project lead at the Future of Life Institute, said tech companies have discussed sharing access to the AI models themselves.

☆ We're raising our Stanley Black & Decker price target on the stock's earnings rally
▼ + stars: | 2024-07-30 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stanley Black & Decker on Tuesday morning delivered solid quarterly results — enhanced by strong cash flow performance, allowing management to raise its full-year guidance. Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. Stanley Black & Decker, which also makes fastening and assembly systems, jumped 7.5% on Tuesday's release following last week's 9.7% gain. Full-year organic sales in Tools & Outdoor are projected to be down about 1% at the midpoint, with year-over-year margin improvement. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.

Persons: Stanley Black, Decker, we're, Don Allen, DeWalt, Pat Hallinan, —, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Revenue, Bosch, Techtronic Industries, Federal Reserve, Management, Stanley, Aerospace, CNBC, The New York Stock Exchange, NYSE Global Locations: Europe, France, Italy, Latin America

☆ Microsoft shares dip as cloud miss overshadows better-than-expected revenue and earnings
▼ + stars: | 2024-07-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft shares dipped on Wednesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth speed-up in the first half of 2025. Of the 29% growth for Azure and other cloud services, 8 percentage points came from AI services, Microsoft said. But demand for Azure AI services remained higher than available capacity, said Amy Hood, Microsoft's finance chief. She said Azure growth in June was slightly lower than expected across some parts of Europe.

Persons: Satya Nadella, LSEG, StreetAccount, Nadella, Amy Hood, Hood Organizations: Microsoft, Seattle Convention Center, StreetAccount, CNBC, Google, Amazon Web Services Locations: Seattle , Washington, Europe

☆ William Calley, officer convicted for his role in My Lai massacre during the Vietnam War, dead at 80
▼ + stars: | 2024-07-30 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +10 min

While multiple officers were charged in connection with the massacre, Calley was the only one convicted. “Calley and his men rounded up these civilians and then Calley ordered his men to kill them.”The massacre lasted for hours. A ditch in My Lai village, Vietnam, where US troops killed Vietnamese civilians on March 16, 1968. Kham/ReutersThe fragile lineThousands of miles away and 30 years later, those who lost loved ones in the My Lai massacre would tell CNN they were never truly able to move on. “There is not a day that goes by that I do not feel remorse for what happened that day in My Lai,” Calley said, according to the Columbus Ledger-Enquirer.

Persons: William L, Calley Jr, Calley, Charlie, Lai, ”, Bill Allison, ” Allison, –, Fred Borch, Borch, Charlie Company –, ” Calley, “, ” Borch, “ Calley, Brad Lendon, Hugh Thompson, Thompson, he’d, “ Thompson, Ron Ridenhour, Seymour, Allison, Fort Moore, Calley’s, Richard Nixon, Nixon, ” Thompson, Lawrence Colburn, Nguyen Chung, Calley –, – Borsh Organizations: CNN, Army, The Washington, Social Security Administration, Charlie Company, Loan, Georgia Southern University, US Army, American Army, US, General’s Corps, House Armed, 11th Brigade, Armed Services Committee, Military, Gallup, The New York Times, Associated Press, Kiwanis Club, Greater, Columbus Ledger Locations: Gainesville , Florida, Vietnam, Saigon, My Lai, South Vietnam, Viet, Geneva, Lai, Fort Benning, Kham, Greater Columbus, Georgia

☆ AMD jumps on earnings report that validates our decision to reinvest in the stock
▼ + stars: | 2024-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

AMD sold off on its first-quarter earnings report due in large part to its MI300 sales guidance falling short of sky-high expectations. Nvidia remains the dominant player in AI chips, but AMD is continuing to carve out a lane in the rapidly expanding market. Among the highlights, Su said Microsoft has expanded its use of the AI chips for certain software applications, including messaging app Teams. AMD's data center business is now nearly 50% of companywide revenues, up from 37% in the fourth quarter of 2023. Within data center, sales of both AI chips and traditional server chips will grow in the third quarter, Su said.

Persons: Lisa Su, Su, Jim Cramer, it's, —, FactSet, Jim Cramer's, Jim, Cheng Organizations: Revenue, AMD, Intel, Nvidia, Broadcom, Club, Microsoft, CNBC, Micro Devices, Afp, Getty Locations: Taipei

☆ Using options to try to catch the bottom in CrowdStrike
▼ + stars: | 2024-07-30 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

This drop in such a short period seems overly exaggerated, and I'm on the lookout for signs of a bounce to initiate a bullish trade on CRWD. DMI (Directional Movement Index): The DMI is composed of three lines: DI+ (green line), DI- (red line), and ADX (blue line). When the DI- (red line) is above the DI+ (green line), it indicates a downtrend. Note that both DI- and DI+ are changing direction, which provides the first indication of a possible trend change. The Trade To take a bullish trade on CRWD, I'm using a trade structure called a "bull call spread."

Organizations: Microsoft, Apple, Nasdaq, RSI, CNBC, NBC UNIVERSAL Locations: CRWD

☆ P&G stock deserves to be down after a messy quarter — but not by this much
▼ + stars: | 2024-07-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Despite that, P & G had a spotty quarter, which could give fuel to investors worried that a deterioration in the consumer would make its guidance harder to achieve. Nevertheless, P & G still fills an important role in a diversified portfolio, and its business is on solid footing. That includes North America, where organic sales grew 4%, and Europe, where organic sales increased 2% despite a difficult 12% comparison in the year-ago period. That helps explain how you get organic sales in China down 9%, albeit a slight sequential improvement from the 10% drop in the third quarter. It saw a mid-single digit decrease in organic sales because of market-share losses for its Luvs diapers.

Persons: Gamble, Stanley Black, Decker, Procter, Jim Cramer, Andre Schulten, Jon Moeller, Jim, it's, Jim Cramer's, Andrew Kelly Organizations: Procter, Revenue, LSEG, Procter & Gamble, Colgate, Palmolive, Unilever, Federal Reserve, SK, Care, CNBC Locations: U.S, Western Europe, North America, Europe, China, Japan, Middle, Manhattan , New York City

Sleep Number i8 Smart Bed (Queen) If you and your partner just can't agree on mattress firmness, the Sleep Number i8 Smart Bed allows you to customize each side to your perfect firmness. Check price at Sleep Number What we like Check mark icon A check mark. AdvertisementReview of the Sleep Number i8 Smart BedI'm a side sleeper but spend time in every sleeping position. The Sleep Number i8 Smart Bed uses ballistocardiography, a measure of ballistic forces coming from your heart, to calculate your sleep quality and provide a sleep score. I strongly recommend the Sleep Number i8 Smart Bed if you can afford it.

Persons: James Brains, couldn't Organizations: Business, Garmin

☆ Ford, GM, Stellantis face a daunting second half of 2024
▼ + stars: | 2024-07-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

Stock Chart Icon Stock chart icon Ford, GM and Stellantis shares"Investors who think autos can outperform on + earnings beats and buybacks should think again. GMFor GM, investors balked at pullbacks in growth businesses, waning upside during the second half of the year, and fear that the automaker's earnings power has peaked, according to Wall Street analysts. Selling more EVs is one reason that GM, which has raised its annual financial guidance twice this year, expects the second half to underperform the first. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. StellantisTransatlantic automaker Stellantis arguably faces the most challenging second half of the year, particularly regarding its U.S. operations.

Persons: Ram, Joe Raedle, Morgan Stanley, Adam Jonas, Jonas, Stellantis, GM's, Mary Barra, Ford, Ford doesn't, Joseph Spak, Bill Pugliano, John Lawler, Lawler, Carlos Tavares, Remo Casilli Organizations: Dodge Chrysler, Getty, DETROIT, Ford, Detroit automakers, GM, Wall Street, Analysts, Street, UBS, Ford Dearborn Plant, Ford Pro, Transatlantic, Stellantis Locations: Miami , Florida, U.S, China, Dearborn , Michigan, Atessa, Italy

☆ McDonald's is falling short, needs to win over low-income consumers, key exec tells operators in memo
▼ + stars: | 2024-07-29 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +3 min

After a challenging second quarter, McDonald's executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals, as they pushed for an extension of the its $5 value meal platform. "Reversing the narrative and re-establishing our position as the leader on value and affordability is possible, but it cannot be done overnight," he wrote. Erlinger also acknowledged areas where the company was "falling short" in the U.S. this quarter. But he added that trial rates for the value meal launch were highest among low-income consumers, and sentiment around McDonald's value has started to improve. The memo said the majority of locations will extend through August, or plan to vote on whether to do so.

Persons: Joe Erlinger, McDonald's, Erlinger Organizations: CNBC Locations: U.S

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