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☆ China is set to be Russia's biggest pipeline gas customer this year as flows to Europe dwindle
▼ + stars: | 2024-10-21 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Russian gas giant Gazprom sent more natural gas to China than Europe in the first nine months of the year. Europe had previously been Russia's biggest energy customer, but flows have cratered since the war in Ukraine began. AdvertisementRussian gas flows to Europe are dwindling, but China is stepping in and is set to become Russia's biggest customer of pipeline gas this year. Those flows surpass the 22.5 billion cubic meters of pipeline gas exported to Europe in the same period, putting China on track to overtake Europe as Russia's biggest natural gas customer in 2024. Another link, Power of Siberia 2, is under discussion and would increase the country's gas flows to China to almost 100 billion cubic meters a year.

Persons: — Organizations: Gazprom, Service, Bloomberg Locations: China, Europe, Ukraine, Russia's, Moscow, Hungary, Slovakia, Austria, Russia, Siberia

During their playing careers, Olympic medalists Sue Bird and Megan Rapinoe helped propel women’s sports toward mainstream popularity, sparking conversations around equal pay and inclusion. In an interview with “Meet the Press,” Rapinoe and Bird spoke about their podcast, “A Touch More with Sue Bird & Megan Rapinoe,” which had its initial run in 2020 and returned this summer. When Bird played in the Final Four for UConn in the early 2000s, Rapinoe said, the stadium was sold out. Megan Rapinoe, left, and Sue Bird during Bird’s jersey retirement ceremony in Seattle on June 11, 2023. Bird and Rapinoe share new episodes of their podcast every Wednesday.

Persons: Sue Bird, Megan Rapinoe, Rapinoe, ”, Bird, Alex Morgan, Mia Hamm, Dawn Staley, ” Rapinoe, ” Bird, Scott Eklund, NBAE, “, ’ ”, ’ ” Rapinoe Organizations: “, Press, women’s, UConn, Getty, LeBron Locations: U.S, Seattle

With voters citing the economy and inflation, abortion, immigration and democracy as top issues in this election, the survey tested a series of policy proposals on those topics, offering clues about which policies could move voters. The survey did not identify which party or candidate is associated with the proposal. While economic policies could move voters toward a candidate, the survey also finds that election denialism could turn them off. Voters across swing groups, including suburban women, independents, moderates and seniors, say they are less likely to support a candidate who denies the election results. The NBC News poll of 1,000 registered voters, 898 of whom were reached by cellphone, was conducted Oct. 4-8.

Persons: Donald Trump, Roe, Wade, “, ”, Democratic pollster Aileen Cardona, Arroyo, —, Trump, MAGA, Kamala Harris, Harris Organizations: NBC News, Democratic, Hart Research Associates, Republican, MAGA Republicans, Trump, NBC

As Election Day approaches, the campaigns are putting significant time and attention toward courting Black men, seen as a crucial — and potentially movable — voting bloc in a tight presidential race. However, that number drops to 68% for Black men under 50, compared to 21% who support Trump. “It’s very important to not operate from the assumption that Black men are in anybody’s pocket,” she said during an interview with the National Association of Black Journalists in September. For Trump’s part, efforts to reach Black men voters through campaign surrogates or Trump himself have lessened in recent months. Bartell also pointed to Kevin Cooper, a Black man on death row for killing a white family, as well as marijuana convictions of Black men.

Persons: Donald Trump, Kamala Harris, Harris, Trump, —, Joe Biden, Hillary Clinton’s, Barack Obama, Dana Williams, Howard University’s, Cliff Albright, “, Stephen Jackson, Matt Barnes, Lil Wayne, Waka, Harris ’, ‘ She’s, ’ Pierce Hodges, Biden, Howard, Pierce Hodges, ”, Hodges, She’s, ” Hodges, Jimmy Hill, Jimmy Atchison, Sonya Massey, Jimmy Hill “, ” Hill, it’s, ” Harris, she’s, ” ‘, Kamala, Al Bartell, Bartell, Al, Kevin Cooper, “ I’m, ” Bartell, James Douglass, Maurissa, Douglass, ” “, “ Biden, I’m, ” Douglass, “ Obama, “ Kamala Harris, ’ Stone Ramsey, Ramsey, Black, ” Ramsey, Kamala Harris doesn’t, mispronounced Harris ’, Trump’s, Mike Tyson, Floyd Mayweather, “ Mike Tyson, Kamala Harris can’t, Patrick Oates, Patrick Oates “, Oates, ” Oates, Obama, Kevin Newell, Kevin Newell Newell, ‘, Newell, “ she’s, ” Newell Organizations: NBC News, Trump, Howard University Initiative, Public, NBC, Howard, Initiative, Black, National Association of Black Journalists, NBA, Howard University, Alpha Kappa Alpha, Columbia University, “, White, Biden, Biden —, America, Democratic, Royal Capital Group Locations: California, Black, “, Atlanta, Illinois, Detroit, China, U.S, Philadelphia, Milwaukee, America, ’

Former President Donald Trump called rival Kamala Harris a "s--- vice president" during a rally in Latrobe, Pennsylvania, Saturday evening, punctuating his broader argument that she is too liberal in a more aggressive fashion and with fresh vulgarity. "And then, so you have to tell Kamala Harris that you’ve had enough, that you just can’t take it anymore. You’re a s--- vice president." Trump added the catchphrase from his bygone television show "The Apprentice" to cheers: "Kamala, you're fired," he said. The Harris campaign quickly pounced on the anecdote.

Persons: Donald Trump, Kamala Harris, Bernie, Kamala, Trump, you’ve, You’re, Harris, He’s, ” Trump, Palmer, Sarafina Chitika, Matt Corridoni, Joe Biden, Biden, Christine Romans, ” Harris Organizations: Arnold Palmer Regional, NBC, Democratic, Trump, NBC News ’, CNBC, National Rifle Association, “ Locations: Latrobe , Pennsylvania, Scranton , Pennsylvania, Atlanta, Detroit, Pennsylvania, Michigan, United States

☆ Attempts to restore electricity in Cuba fail, as millions enter third day without power
▼ + stars: | 2024-10-20 | by ( Patrick Oppmann | ) edition.cnn.com time to read: +3 min

CNN —Millions of Cubans remained without power for a third day in a row Sunday after fresh attempts to restore electricity failed overnightThe Cuban Electrical Union said about 16% of the country had had power restored when the aging energy grid again overloaded late Saturday. Cuba’s first island-wide blackout happened on Friday, when one of the country’s major power plants failed, according to the energy ministry. Hours after officials said power was being slowly restored, the country suffered a second nationwide blackout on Saturday morning. The country’s health minister, José Angel Portal Miranda, said Friday on X that the country’s health facilities were running on generators and that health workers continued to provide vital services. Reuters reporters witnessed two small protests overnight into Sunday, while videos of protests elsewhere in the capital have also surfaced.

Persons: Manuel Marrero Cruz, ”, Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuban Electrical Union, Cuban Locations: Cuba, Havana, Venezuela, Russia, Mexico

☆ Trump’s wild and lewd rhetoric reaches a new extreme
▼ + stars: | 2024-10-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

His alarming behavior may look to some like a candidacy melting down when the pressure is at its most extreme. With polls deadlocked, Trump’s behavior hasn’t yet disqualified him. And Trump’s voters still regard him as a vessel for their frustration with a political and economic system they believe has poorly served them. Trump’s behavior underscores stakes of deadlocked electionIt will be up to voters to decide how to process Trump’s recent conduct. The Harris campaign, which began as an attempt to spread joy, is now fully exploiting Trump’s rhetorical rampages.

Persons: Donald Trump’s, Kamala Harris, demeans, Trump, Joe Biden, Harris, Arnold Palmer’s, “, Mike Johnson, Biden, spokespeople, Al Sharpton, United States …, ”, Harris ’, Tim Walz, He’s, Barack Obama, Nancy Pelosi, Adam Schiff, Trump’s, Johnson, CNN’s Jake Tapper, Schiff, Pelosi, MediaBuzz ”, ” Schiff, “ We’re, –, Palmer, he’s, Walz, Johnson’s, Donald Trump, ” Sen, Lindsey Graham Organizations: CNN, CNN’s, MSNBC, United, Minnesota Gov, Trump, Republicans, National Guard, California Democratic, Justice Department, CBS, Fox News, Economic, of Chicago, Biden, Republican, Trump The, GOP, “, Union, South Carolina Republican Locations: ”, CNN’s “ State, United States, Nebraska, Nevada, ’, California, “ State, Ohio, Latrobe , Pennsylvania, Pennsylvania

☆ At his Pennsylvania rally, Trump makes a lewd Arnold Palmer comment
▼ + stars: | 2024-10-20 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +6 min

Or so his campaign said Saturday as the former president took the stage in Latrobe, Pennsylvania. “Arnold Palmer was all man, and I say that in all due respect to women, I love women. In between the vulgar and bizarre moments at Trump’s rally Saturday were glimpses of a closing pitch. There was little, though, to differentiate Trump’s remarks from dozens of speeches he has delivered over the course of the campaign. Still, Trump looked ahead to the moment when he could put his third White House bid in the rearview mirror.

Persons: Donald Trump, Trump, Arnold Palmer, “ Arnold Palmer, ” Trump, “, Antonio Brown, Kamala Harris, ”, Harris, Al Sharpton, MSNBC’s, ” Harris, Peg Palmer Wears, we’ll, — ” Trump, “ Today’s, Jason Miller, Miller, “ I’ve, I’ve, We’ve Organizations: CNN, White, Pittsburgh Steeler, Democratic, Associated Press, Pittsburgh, Trump, Saturday, Pittsburgh Steelers, Madison, CNBC Locations: Latrobe , Pennsylvania, United States, Pennsylvania, Philadelphia, Latrobe, Detroit

☆ My partner is monogamous, but I'm not. Here's how we make our relationship work.
▼ + stars: | 2024-10-20 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +6 min

I've learned that both people don't have to be monogamous or non-monogamous to make a relationship work. I met my partner Seth at Burning Man in 2018. I told him that I had friends who were non-monogamous and that I was curious about having an open relationship. He said that he could be open to an open relationship. AdvertisementWe have a partial "Don't Ask, Don't Tell" system when it comes to my dates.

Persons: Fernanda Fabian, They've, Fabian, it's, —, I've, Seth, I'd, we'll, he's, they'll, Seth isn't, hasn't, doesn't, there's Organizations: Service, Burning Locations: San Francisco, New York

☆ Here are the 5 things that could move the stock market in the week ahead
▼ + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.

Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City

☆ America's New Economic Supercycle: Growth, Prices, Stock Market Chaos
▼ + stars: | 2024-10-20 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

First, higher interest rates will reward savers, making it more expensive to take risks. And with interest rates so low, companies could suddenly load up on debt: From 2007 to 2017, global nonfinancial corporate debt doubled, to $66 trillion. Now, with the arrival of a new supercycle, money managers are once again being forced to adapt to a changing set of economic realities. Normally, when the Fed hikes interest rates rapidly, the stock market tanks. Rising interest rates will make loans more expensive, forcing businesses to make more-thoughtful decisions about debt.

Persons: Josh Hirt, Silas Myers, Myers, Hirt, you've, Joe Quinlan, they'll, Quinlan Organizations: Investors, Vanguard, Mar Vista Investments, Federal Reserve, Capital, . Venture, Nasdaq, Bank of America, Big Tech, Federal Trade Commission, Treasury, European Union, Aerospace Locations: Washington, China, Unemployment, Europe, America, Japan, United States

☆ Elon Musk is flexing his wealth and political power unlike any of the richest men before him
▼ + stars: | 2024-10-20 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Musk has also seeded at least $75 million into a pro-Trump super PAC. "Elon Musk is sort of a natural for Donald Trump, " journalist Roger Lowenstein, who wrote a biography about Warren Buffett, told Business Insider. Recently, Musk's company seized the @America handle to boost his super PAC. AdvertisementNone of the other recent wealthiest men have come close to Musk's super PAC spending. Bezos made the biggest splash in 2018 when they donated $10 million to With Honor, a super PAC that supported veteran candidates.

Persons: Elon Musk, —, Donald Trump's, Musk, Elon, Donald Trump, Roger Lowenstein, Warren Buffett, Timothy Mellon, Robert F, Kennedy Jr, Koch, Michael Bloomberg, Bill Gates, Jeff Bezos, Ciara Torres, Lowenstein, Buffett, Warren, doesn't, It's, Anna Moneymaker, Barack Obama, Sen, JD Vance, Trump's, Trump, Ken Vogel's, Obama, Steve Ballmer, Gates, John McCain, Hillary Clinton, Joe Biden, he's, Steve Pope, Harris, Biden, Melinda French Gates, Bezos Organizations: Trump, Service, PAC, America PAC, American, Stetson University, Alternative Energy, The New York Times, Citizens, Citizens United, Microsoft, Berkshire, Republican, Obama, Electoral College, Nebraska, Congressional, Musk's, Washington Post, Communist Locations: Pennsylvania, Butler , Pennsylvania, Omaha, Gates, Nebraska's

☆ We are 15 days from the 2024 presidential election. Here's where things stand.
▼ + stars: | 2024-10-20 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +9 min

The presidential race remains razor close, with control of the White House at a coin-flip. AdvertisementIn just over two weeks, Election Day 2024 will be here — a final cap to a wild, at times unprecedented presidential fight that, for the moment, remains far too close to call. Noted election forecaster Nate Silver's model now shows Trump with an extremely slight lead in what continues to remain a toss-up race. Harris trolled Trump on Friday for being "exhausted," referencing a string of interviews he has reportedly walked away from. In the overwhelmingly conservative state, there's a swing district, the Omaha-based Nebraska 2nd.

Persons: —, Joe Biden, Kamala Harris, Donald Trump's, pollster Kristen Soltis Anderson, iecuUVyJ5e, Kristen Soltis Anderson, Harris, Mark Robinson, Nate Silver's, Harris trolled Trump, Trump, Barack Obama, Hillary Clinton, She's, Mark Cuban, Liz Cheney, Obama, Bruce Springsteen, Clinton, Bon Jovi, He's, It's, Melania Trump, night's Al Smith, Mike Pence, cohosts, Nikki Haley, Elon Musk, Musk, Spencer Platt, Mary, there's, There's, Biden, Trump's, Warren Buffett's Organizations: Service, White, Labor, RCP, Trump, Gov, The New York Times, Democrats, GOP, Capitol, Fox, Tesla, PAC, Getty, Pennsylvania, North Carolina —, Democratic, Electoral, Nebraska, Nebraska Republicans Locations: North Carolina, Wisconsin , Michigan, Pennsylvania, Michigan, Siena, Georgia, Des Moines , Iowa, Philadelphia, New York, Michigan , Pennsylvania, Wisconsin, Nebraska, Maine , Nebraska, Omaha, Minnesota , New Hampshire, New Mexico, Arizona

☆ Ex-general Prabowo, once accused of rights abuses, takes up presidency of world’s third-largest democracy
▼ + stars: | 2024-10-20 | by ( ) edition.cnn.com time to read: +5 min

Jakarta Reuters —Indonesia’s Prabowo Subianto on Sunday took over as president of the world’s third-largest democracy, vowing to combat internal issues such as corruption that plague the country and to make it more self-sufficient. “We must always realise that a free nation is where the people are free,” Prabowo said, at times raising his voice. Newly-inaugurated Indonesian President Prabowo Subianto greets supporters after being sworn in as the country's eighth president in Jakarta on Oct. 20, 2024. Flower boards outside the palace either congratulated Prabowo and Gibran or thanked Jokowi for his decade of service. Jokowi supporters are also attending the celebrations to bid farewell to Indonesia’s outgoing leader.

Persons: Prabowo, ” Prabowo, “, ”, Gibran Rakabuming Raka, Joko “, Widodo, Sugiono, Prabowo Subianto, Dita Alangkara, Gibran, Jokowi, Anneta, “ Prabowo, Critics, Han Zheng, Linda Thomas, Joko Widodo, Achmad Ibrahim, Suharto Organizations: Jakarta Reuters —, Sunday, US Locations: Jakarta, Indonesia’s, Indonesian, China, United States, Greenfield, Indonesia's, Indonesia, Gaza, Papua, East Timor

A woman boils water while another lights her with a mobile phone during a nationwide blackout in Matanzas, Cuba, on Oct. 18, 2024. Cars drive through a dark street, in Havana, on Oct. 18, 2024. He blamed the U.S. embargo on Cuba for the lack of fuel and hard currency it needs. Over one million people, or 10% of Cuba’s population, have fled the island between 2022 and 2023, according to the country’s national statistics office. Orlando Matos reported from Havana and Carmen Sesin reported from Miami.

Persons: Antonio Levi, Nick Kaiser, Miguel Díaz, Canel, Bruno Rodríguez, Adalberto Roque, Donald Trump’s, Orlando Matos, Carmen Sesin Organizations: Electric, Getty, Antonio Locations: Cuba, State, Havana, Matanzas , Cuba, AFP, night’s, U.S, Venezuela, Russia, Mexico, Miami

☆ Cuba slowly starts restoring power after island-wide blackout
▼ + stars: | 2024-10-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Cuba restored a trickle of power to its grid by mid-evening on Friday, officials said, hours after the island plunged into a countrywide blackout following the collapse of one of its major power plants. The Communist-run government closed schools and non-essential industry early on Friday and sent most state workers home in a last-ditch effort to keep the lights on after weeks of severe power shortages. But shortly before midday, the Antonio Guiteras power plant, the country’s largest and most efficient, went offline, prompting a total grid failure and suddenly leaving the entire island without power. For many Cubans, far removed from politics and accustomed to regular power outages, the nationwide blackout was nothing more than a normal Friday night. Russia and Mexico, which in the past have sent fuel to Cuba, have also greatly reduced shipments.

Persons: Antonio, ”, Carlos Roberto Julio, Manuel Marrero, ” Marrero, Hurricane Milton, Donald Trump, Miguel Diaz, Canel, Washington, Carlos Manuel Pedre, “, PDVSA Organizations: Communist, ”, Hurricane, White, National Security, State Department, Cuban, “ Locations: Cuba, Havana, “, U.S, United States, ”, Venezuela, Venezuela’s, Russia, Mexico

WASHINGTON — Kamala Harris’ campaign posted a video that appeared to show Donald Trump nodding off at a campaign event Friday, pushing a new line of attack that the former president is too "exhausted" to run for office. "An exhausted Trump appears to be falling asleep during his campaign event," the Harris campaign posted to its X account with a clip of Trump at a campaign roundtable event in Michigan on Friday. The Trump campaign did not respond to a request for comment about whether he fell asleep during the business roundtable. Harris repeated similar lines hitting on Trump as exhausted during two campaign rallies on Friday. The Harris campaign echoed the sentiments again in multiple social media posts and press releases.

Persons: WASHINGTON — Kamala Harris ’, Donald Trump, Trump, Harris, I’ve, “ Organizations: NBC, Trump Locations: Michigan, United States, Grand Rapids , Michigan, Grand, Wisconsin, York

☆ Life discovered in warm volcanic caves beneath the seafloor
▼ + stars: | 2024-10-19 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —A mile and a half beneath the ocean’s surface, the seafloor seems nearly as alien as the surfaces of other planets. These hydrothermal vents belch warm towers of elements that draw clusters of animal life, such as tube worms. There, animals develop symbiotic relationships with bacteria that use chemical reactions to produce sugars necessary for life beyond the reach of sunlight. Mónika Naranjo-Shepherd/Schmidt Ocean InstitueThe arms of an underwater robot helped uncover communities of giant tube worms and snails living in volcanic caves beneath warm vents in the Pacific Ocean. The finding suggests unique ecosystems on the seafloor and within the subseafloor are connected, allowing life to thrive above and below the ocean bed.

Persons: Mónika Naranjo, Shepherd, ”, Sabine Gollner, you’ve, Artemis, Charlie Duke, Arthropleura, Ashley Strickland, Katie Hunt Organizations: CNN, Royal Netherlands Institute for Sea Research, Scientists, SpaceX, Boca, Massachusetts Institute of Technology, NASA, Clipper, Kennedy Space Center, Yale University, CNN Space, Science Locations: Boca Chica , Texas, centipedes, Europa, Florida

☆ My wife and I knew from our first date that we didn't want kids. We've been together for 17 years and lost friends because of our choice.
▼ + stars: | 2024-10-19 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

On our first date 17 years ago, the woman who would become my wife talked a lot about kids. So I asked her, "How do you feel about having kids?" Most importantly, I had a strong purpose outside having kids. Related storiesOur friends who were childfree by choice warned we would lose friends over the choice not to have kids, and they were right. AdvertisementWe're fulfilled without being parentsOrna and I have never regretted not having kids.

Persons: Matthew Walters, Orna, —, we've, We're, We've Organizations: Service

☆ Cuba hit by second blackout after national power grid failure
▼ + stars: | 2024-10-19 | by ( Patrick Oppmann | ) edition.cnn.com time to read: +2 min

CNN —Cuba suffered a second nationwide blackout Saturday morning, hours after officials said power was being slowly restored. “At 6:15 am a new total outage occurred of the national electroenergetic system,” a post on the Cuba Electrical Union’s official Telegram channel said. Millions of people have been left without power over the last several days as the aging Cuban electrical grid repeatedly collapsed. Cuban officials have blamed a confluence of events from increased US economic sanctions to disruptions caused by recent hurricanes and the impoverished state of the island’s infrastructure. The country’s health minister, José Angel Portal Miranda, said on X that the country’s health facilities were running on generators and that health workers continued to provide vital services.

Persons: Manuel Marrero Cruz, ”, Angel, Miranda, CNN’s Mia Alberti, Calderón, Gerardo Lemos Organizations: CNN, Cuba Electrical Union’s, Electric, Cuban Locations: Cuba, Havana

☆ 4 ways Brian Niccol can use his Chipotle playbook to reinvigorate Starbucks
▼ + stars: | 2024-10-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +15 min

At Starbucks, Niccol inherits a company that under previous leadership consistently disappointed investors with weakening sales, including back-to-back periods of negative same-store sales growth this year. Operations Upon taking over Chipotle, Niccol's focus was on improving operations after the rise of digital orders complicated execution and increased wait times. The addition of shelves alone accelerated the use of Chipotle's second "make line," where digital orders are prepared in the back of the store. To rebuild consumer trust at Chipotle, Chipotle launched the "Behind the Foil" campaign to showcase transparency in food preparation. His marketing approach "brought new news in a positive way toward Chipotle," Silberman said.

Persons: Brian Niccol's, Brian Niccol, Jim Cramer, Laxman Narasimhan, Niccol, Chipotle, Howard Schultz, Narasimhan, Schultz, Jefferies, Andy Barish, Barish, Lauren Silberman, Silberman, Rachel Ruggeri, there's, It's, Carne Asada, Queso Blanco, Chipotle's, Deutsche Bank's Silberman, hasn't, Tressie Lieberman, Lieberman, Jim Cramer's, Jim, Adam Jeffery Organizations: Starbucks, CNBC, Street, North America, Deutsche Bank ., Deutsche, Taco, Yum Brands, Yahoo, LinkedIn, Starbucks Workers Locations: Chipotle, Niccol, China, U.S, Denver, Michigan, Maine

☆ Georgia knocks off No. 1 Texas: Bulldogs back in SEC race; Quinn Ewers’ struggles loom large
▼ + stars: | 2024-10-19 | by ( The Athletic College Football | ) www.nytimes.com time to read: +10 min

As the garbage came down, Texas coach Steve Sarkisian and then other members of the Texas team walked to the corner of the end zone waving their hands and asking students to stop. They were unable to go sideline-to-sideline or downhill as Georgia met Texas with force every step of the way. The second half got dicey, with Georgia giving up two touchdowns on relatively short fields, one after the controversial interception/overturned pass interference, the other after Georgia for some reason squib-kicked the second half kickoff. In the second half, Ewers returned and led a touchdown drive to open the third quarter. Mykel Williams forced a second Ewers fumble with 10:23 left in the game, thwarting a Texas drive in Georgia territory.

Persons: Sam Khan Jr, Chris Vannini, Seth Emerson, —, Quinn Ewers, Arch, There’s, Ole, Georgia’s, — Seth Emerson, Jahdae Barron, Carson Beck, Barron, Darrell K, Steve Sarkisian, “, Kirby Smart, Katie George, “ Nobody, I’m, — Sam Khan Jr, Jalon Walker —, Daylen Everette, Beck, Arian Smith, Oscar Delp, — Emerson, tersely, Arch Manning, Manning, Texas ’, Ewers, ” Sarkisian, Quinn, ‘, let’s, ”, Mykel Williams, can’t, we’ve, Everybody’s, — Khan, Tim Warner Organizations: SEC, College, Bulldogs, Longhorn, Alabama, Kentucky, Mississippi State, Ole Miss, Texas, Tennessee, College Football, Clemson, Georgia, Darrell K Royal, Longhorns, Longhorns ’ College, Oklahoma, Texas ’, Credit Georgia, Getty Locations: Georgia, Texas, Arch Manning, Alabama, Auburn, Tennessee, Florida, , Texas, “, Ewers

☆ Here's why inflation may look like it's easing but is still a huge problem
▼ + stars: | 2024-10-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +8 min

Inflation is not deadDaly began her talk with an anecdote of a recent encounter she had while walking near her home. But the conversation encapsulated a dilemma for the Fed: If inflation is on the run, why are interest rates still so high? As evidenced by the young man's question, convincing people that inflation is easing is a tough sell. watch nowThe annual rate of CPI inflation was 2.4% in September, a vast improvement over the 9.1% top in June 2022. However, year-over-year spending increased just 1.7%, below the 2.4% CPI inflation rate.

Persons: Brandon Bell, Goldman Sachs, Mary Daly, Daly, Goldman, Jerome Powell, —, hasn't, haven't Organizations: Walmart, Federal Reserve, San Francisco Fed, New York University Stern School of Business, Commerce Department, Fed, York Fed, Bank of America, National Federation of Independent Business Locations: Austin , Texas, U.S, , Wyoming, Atlanta, York

☆ My anxiety makes me feel like a liar in relationships. Slowing down has changed how I view love.
▼ + stars: | 2024-10-19 | by ( Rachel Schwartzmann | ) www.businessinsider.com time to read: +6 min

Rachel Schwartzmann is the is the creator of the newsletter and podcast "Slow Stories." My anxiety can feel debilitating"What does anxiety feel like?" Love blooms in motion but matures in stillness: the deep, uncharted territory that can't be tracked by apps or miles. Excerpted from Slowing: Discover Wonder, Beauty, and Creativity Through Slow Living by Rachel Schwartzmann. Copyright 2024 by Rachel Schwartzmann.

Persons: Rachel Schwartzmann, —, I'm, I've, John, It's Organizations: Service, Chronicle Books Locations: New York City

☆ D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
▼ + stars: | 2024-10-19 | by ( Kenneth Squire | ) www.cnbc.com time to read: +12 min

Air Products provides industrial gases and related equipment in end-markets such as refining, chemicals, metals, electronics, manufacturing and food. These long-term contracts functionally guarantee an unlevered double-digit return before Air Products even needs to put a dollar into the ground. Investors appreciate companies like Air Products for their low-risk and highly stable cash-flowing operations. On Oct. 4, Mantle Ridge announced a more than $1 billion position in Air Products, and echoed a similar sentiment and identified similar issues as D.E. We strongly expect that many of Air Products' other shareholders are concerned about the same issue.

Persons: It's, Shaw, unadulterated, Praxair, Seifi, Linde, D.E, Seifi Ghasemi, Ghasemi, Samir Serhan, Mantle, Paul Hilal, Scott Sutton, Olin, Russell, Ken Squire Organizations: Air Products, Chemicals, Air Liquide, Linde, Products, Air, D.E, Technologies, Fidelity National Information Services, FedEx, Verisk, Healthcare Trust, 13D Locations: Saudi Arabia, Louisiana, Texas, D.E, Air

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