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☆ Big Tech drawing dip buyers again, but some investors say diversification is prudent move
▼ + stars: | 2024-09-10 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The tech slide has many investors anxious to buy the dip, but now is the time for caution, some say. Communication services and information technology stocks are the two worst-performing S & P 500 sectors this quarter, after having fallen into a correction from their peaks in July. Communication services is more than 11% off its 52-week high, while information technology is more than 12% off its recent high. For much of this year, any dips in the high-flying tech stocks have proven to be a buying opportunity for investors, as the promise of artificial intelligence has traders unable to stay away from these names for long. Investors were buying the dip again midday through the trading session Tuesday.

Persons: Ken Mahoney, We've, Rob Williams, Williams, Savita Subramanian, Jason Draho, CNBC's, Tesla Organizations: Federal Reserve, Asset Management, Sage Advisory, Bank of America, UBS Global Wealth Management, Apple, Microsoft, Nvidia

☆ ‘The sky is not falling’: US economy added 142,000 jobs in August
▼ + stars: | 2024-09-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Economists were expecting a net gain of 160,000 jobs and for the unemployment rate to fall to 4.2%, according to FactSet consensus estimates. With inflation pretty much tamed and moderating as expected, the Federal Reserve has turned its focus to the labor market (the other part of its dual mandate). Job growth has been slowing, but there were indications that the labor market was weakening under the weight of 23-year-high interest rates. A ‘place of stability’July’s shockingly weak jobs report stoked fears that the jobs market was collapsing, potentially taking the economy into a downturn. And while a rate cut is coming, the jury is still out on the exact size of that move.

Persons: ” Eugenio Alemán, Raymond James, August’s, We’re, Rachel Sederberg, “, Becky Frankiewicz, ’, ”, Kory Kantenga, —, ” Kantenga, Michelle Holder, haven’t Organizations: CNN, Employers, Bureau of Labor Statistics, Federal Reserve, Fed, ManpowerGroup, Retail, Americas, LinkedIn, John Jay College, City University of New Locations: ManpowerGroup North America, Michigan, City University of New York

☆ Can't find a job? It's not you, it's white-collar America.
▼ + stars: | 2024-09-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +1 min

While jobs are stable for workers, it's bad news for job seekers. Go to newsletter preferences Thanks for signing up! AdvertisementIf you're struggling to find a job, perhaps you can take solace in an age-old saying: It's not you. The era of the Great Resignation and zero interest rates meant corporate America was practically handing out jobs — and big raises to boot. While skilled vocational trades like health services and construction were big drivers of job gains in August, sectors like information, which encompasses tech and white-collar fields, haven't fared as well.

Persons: —, It's Organizations: Service, Bureau of Labor Statistics, Business Locations: America

☆ New York Times publisher A.G. Sulzberger sounds the alarm on Trump using authoritarian anti-press ‘playbook’
▼ + stars: | 2024-09-05 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —A.G. Sulzberger, the New York Times publisher, sounded the alarm Thursday on the “quiet war” against press freedoms unleashed by authoritarians around the world and said Americans should understand the anti-media “playbook” that Donald Trump might employ in a second term. “The effectiveness of this playbook should not be underestimated,” Sulzberger wrote. “I believe the risk is shared by our entire profession, as well as all who depend on it,” he wrote. The collaboration makes a clear statement about the importance of solidarity in the face of existential threats to press freedom. “They’ve been a great partner on the cause of press freedom over many decades and it’s great to see that tradition continue.”

Persons: New York CNN — A.G, Sulzberger, authoritarians, Donald Trump, Trump, “, ”, ” Sulzberger, –, “ I’m, “ They’ve Organizations: New, New York CNN, New York Times, Times, Washington Post, Hungary —, Columbia, Trump’s, Post Locations: New York, Hungary, India, Brazil

☆ August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says
▼ + stars: | 2024-09-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of a deteriorating labor market, according to ADP. August was the weakest month for job growth since January 2021, according to data from the payrolls processing firm. Still, the ADP data showed that while hiring has slowed considerably, only a few sectors reported actual job losses. Annual pay increased 4.8% for those who stayed in their jobs, about the same level as July, according to ADP. The ADP count now tees up the more closely watched nonfarm payrolls report, which the Bureau of Labor Statistics will release Friday.

Persons: payrolls, Nela Richardson Organizations: ADP . Companies, Dow, Labor Department, ADP, of Labor Statistics, BLS, Federal

☆ I restored a 1900s train car with my dad and turned it into an Airbnb. Now it's paid for itself.
▼ + stars: | 2024-09-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

So my dad went over there, and as soon as he was done shoveling, he looked under and there's this old train car. French said the car looked almost unrecognizable as a train car when he first saw it. AdvertisementThis is a combination car — it was used as a passenger car, a US mail car, and a cargo car. The restored train car rests underneath a depot-style overhang with a large porch. For more photos and information about the Deary train car, you can view the listing on Airbnb here.

Persons: —, Isaac French, it's, Isaac French It's, John, It's, would've Organizations: Service, Business Locations: Deary , Idaho, Idaho

Happy Money Personal Loan OverviewFeaturesA Happy Money personal loan is a good option for those with good credit scores who are eligible for the lender's lowest APR. Happy Money Personal Loan Rates and TermsInterest RatesWhen borrowing with Happy Money, expect interest rates ranging between 11.72% APR and 17.99% APR. Happy Money vs. Reach FinancialBoth Reach Financial Personal Loan and Happy Money are for borrowers who are looking to consolidate their debt. Happy Money Customer Reviews and TestimonialsWhile Happy Money is an accredited business with the Better Business Bureau (BBB), is only has 1.6 out of 5 stars, based on customer reviews. Happy Money Personal Loan FAQsWhat is the minimum credit score required for a Happy Money personal loan?

Persons: you'll, Ryan Wangman, Read, Elias Shaya, Elias Organizations: Happy, Social Security, Social, Better Business Bureau, Chevron, Finance, Northwestern University, Boston Globe Locations: Maine , Massachusetts , Nebraska, Nevada, New York City

☆ Shopping hauls are so back
▼ + stars: | 2024-08-17 | by ( Erika Tulfo | ) edition.cnn.com time to read: +8 min

CNN —Aria Liu, 17, regularly posts shopping haul videos to her YouTube channel, which has 300,000 subscribers. “I don’t know what it is, but when I’m shopping online, money doesn’t feel real.”Liu’s not alone. Shopping hauls have existed for years, if not decades. Aria Liu says that the shopping haul videos she posts on her YouTube channel, “urmomsushi,” are the ones that garner the most views. There’s also a growing body of research that is questioning whether social media can be dangerous, especially for younger users.

Persons: Aria Liu, ”, “, ” Liu’s, Liu It’s, Philippa Ward, Katie Fang, TikTok, Fang, hashtags, Alistair Berg, Matthias Lehner, ” Lehner, Katrina Caspelich, There’s, there’s, ” Caspelich Organizations: CNN, YouTube, Consumer, US Commerce Department, Consumer Financial, University of Gloucestershire, Research, Federal Reserve Bank of New, Centre for Retail Research, Lund University Locations: Federal Reserve Bank of New York, TikTok, Lund , Sweden, “

☆ 2.9 billion people may have had Social Security numbers, other financial data compromised. What it means for you
▼ + stars: | 2024-08-15 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Sakorn Sukkasemsakorn | Istock | Getty ImagesAbout 2.9 billion people may have had their personal information hacked, a new proposed class-action lawsuit alleges. If true, reports suggest all Americans may have had valuable personal information compromised — including full names, current and past addresses, Social Security numbers and information on parents, siblings and other relatives. In 2013, a Yahoo data breach may have hit all the company's accounts, or a total of 3 billion people. "Freezing your credit is the single most important thing you can do when you get a data breach notice," Lee said. While freezing your credit will limit access to your credit reports, it won't block it completely.

Persons: Sakorn, Cliff Steinhauer, James E, Lee, Steinhauer, I'd, haven't, We've, it's, It's Organizations: Istock, Public Data, Jerico Pictures Inc, Jerico, CNBC, National Cybersecurity Alliance, Theft Resource, Social Security, Finance Locations: U.S

☆ Ukraine wants more negotiating power as forces advance into Russia, humiliating Moscow
▼ + stars: | 2024-08-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Ukraine's President Volodymyr Zelenskyy stated on Sunday that it was designed "to put pressure on the aggressor Russia" and to push "the war into the aggressor's territory." Russian official Alexei Smirnov, the acting governor of the Kursk region, told a solemn-looking Putin via videoconference Monday that Ukraine controlled 28 settlements. Analysts at the Institute for the Study of War said geolocated footage suggests Ukraine controls a higher number of around 40 settlements, as of Monday. Russia caught off guardPresident Putin vowed on Monday a "worthy response" to Ukraine's border raid, just as 11,000 more civilians were evacuated in Kursk's neighboring region Belgorod, due to "enemy activity."

Persons: Roman Pilipey, Vladimir Putin, Volodymyr Zelenskyy, Oleksandr Syrskyi, Alexei Smirnov, Putin, Gavriil Grigorov, Kostiantyn Liberov, Liberov Organizations: Afp, Getty, CNBC, Institute for, Sputnik, Ukrainian, United, Reuters, Russian Ministry of Defense, Russian, Ukrainian Armed Forces, Anadolu, Employees, Russian Emergencies Ministry Locations: Soviet, Sumy, Russia, Ukraine, Roman, Kyiv, Ukrainian, Kursk, Russian, Novo, Ogaryovo, Moscow, Kherson, Kharkiv, Turkey, United Arab Emirates, Kursk's, Belgorod, Kursk Oblast, Oryol

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Persons: Coborrowers, you've, You'll, Formally, PenFed, Ryan Wangman, Read, Elias Shaya, Elias Organizations: PenFed Credit Union, PenFed, Pentagon Federal Credit Union, Navy Federal Credit, Connexus Credit, you'll, Social, PenFed Credit, National Credit Union Administration, Better Business, Chevron, Navy Federal Credit Union, Navy Federal, Department of Defense, Connexus Credit Union Connexus Credit Union, Connexus Association, Credit Union, Better Business Bureau, Finance, Northwestern University, Boston Globe Locations: PenFed, Chevron, Wisconsin , Minnesota, Ohio, New York City

The S & P, Nasdaq and Dow also are on pace to snap three-session losing streaks Tuesday. Breaking through: The S & P 500 may be down about 1% the past two days, but that doesn't mean every stock is down. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Hugh Johnston, Bob Iger, Jim Cramer's, Jim Organizations: CNBC, Dow Jones, Nasdaq, Dow, Club, Nvidia, Meta, Broadcom, Costco, Disney, Devices, Dover, ABC, Netflix, CVS Health, Novo Nordisk, Emerson Electric, Jim Cramer's Charitable Locations: Eaton, Dover, U.S

At least 1,200 people were killed and more than 250 others abducted to Gaza in Hamas’ October 7 assault, according to Israeli authorities. Israel’s military response in the strip has killed nearly 40,000 Palestinians and injured over 90,000, according to Gaza’s Ministry of Health. As of early July, nearly 2 million people had been displaced in Gaza – almost the entire population, according to UN figures. Ricardo Moraes/Reuters“Brief window”: There are 111 hostages still in Gaza, including 39 believed to be dead, according to data from Netanyahu’s office. Iran and Hamas have blamed the assassination on Israel, which has neither confirmed nor denied involvement in his killing.

Persons: Ricardo Moraes, Benjamin Netanyahu, “ Benjamin Netanyahu, ”, Nissan Kalderon, Ofer Kalderon, Anat Angrest, Matan Angrest, Ismail Haniyeh Organizations: Reuters, Gaza’s Ministry of Health Locations: Gaza, Tel Aviv, Israel, Iran

☆ Your health records are coming to new apps. Here's why
▼ + stars: | 2024-08-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

It's about to get a lot easier for patients in the U.S. to access their own medical records. Health-care software vendor Epic Systems on Thursday announced that individuals will be able to securely release their health data to different apps they choose to use, meaning they will have more direct control over their medical information than ever before. For instance, if patients are using a health coaching app or an app that reminds them to take their medicine, they can choose to import their records directly into those platforms. It launched in December, and aims to iron out both the legal and technical requirements for sharing patients' data at scale. If one person uses Verizon as their phone carrier, a second person uses AT&T and a third person uses T-Mobile, they are all still able to call and text one another.

Persons: hasn't, TEFCA, Micky Tripathi, Tripathi Organizations: Systems, U.S . Department of Health, Human Services, HHS, Verizon, Mobile, CNBC Locations: U.S

☆ Boeing names new CEO after losses more than triple
▼ + stars: | 2024-07-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Boeing announced Robert “Kelly” Ortberg, the former CEO of supplier Rockwell Collins, will be its new CEO, effective August 8, replacing retiring Boeing CEO Dave Calhoun, who has been under fire for the company’s problems. Serious problems to solveOrtberg will have his hands full fixing the problems at Boeing, which has not posted a profitable year since 2019. It recently agreed to plead guilty to charges that its employees defrauded the Federal Aviation Administration during the original certification process for the 737 Max. The company has come under renewed scrutiny since a 737 Max plane’s door plug blew off shortly after takeoff in January. But that will keep the losses building at Boeing as it can’t make money at its current level of production.

Persons: Robert “ Kelly ” Ortberg, Rockwell Collins, Dave Calhoun, Ortberg, I’m, ”, ” Ortberg, Dennis Muilenburg, “ Kelly, Steven Mollenkopf, ” Rockwell Collins, Max Organizations: New, New York CNN, Boeing, Texas Instruments, United Technologies, Collins Aerospace, Federal Aviation Administration, FAA, Air Force Locations: New York

☆ Japan's central bank starts its monetary policy meeting today. Here's what's in focus
▼ + stars: | 2024-07-30 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Javier Ghersi | Moment | Getty ImagesJapan's central bank kicks off its July monetary policy meeting on Tuesday, with traders focused on its decision on interest rate and government bond purchases. Economists polled by Reuters expect the BOJ to increase its benchmark interest rate to 0.1% from the current range of 0% to 0.1%. BOJ Governor Kazuo Ueda said in June that the central bank could raise rates "depending on economic, price and financial data and information available at the time," Reuters reported. "Our decision on bond-buying taper and interest rate hikes are two different things," Ueda told the country's parliament. The headline inflation rate has been above the BOJ's 2% target for more than two years.

Persons: Javier Ghersi, Kazuo Ueda, Ueda, Bond Organizations: Bank of, Reuters, ING, Bank of America, realty, Bank of Japan, Japanese Trade Union Confederation Locations: Japan, Bank of Japan

☆ One of these four people could be Boeing's next CEO
▼ + stars: | 2024-07-29 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Boeing may have narrowed its CEO search to four candidates, including Kelly Ortberg. Current CEO Dave Calhoun said he will step down by year-end after the Alaska Airlines disaster. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe race for Boeing's new chief may be down to four candidates, including a new name. Kelly Ortberg, the former CEO of aerospace company Rockwell Collins, is seriously being considered for the position of Boeing's chief, trade publication The Air Current reported on Sunday, citing industry officials.

Persons: Kelly Ortberg, Dave Calhoun, Stephanie Pope, Pat Shanahan, Steve Mollenkopf, —, Rockwell Collins Organizations: Boeing, Alaska Airlines, Service, Rockwell, Business

☆ 14 earnings, jobs and the Fed are what we're watching in the market this week
▼ + stars: | 2024-07-27 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

As for Club earnings, we got positive results from life sciences company Danaher and industrial firm Dover. Ford was a major disappointment and its nearly 20% stock drop for the week was the worst performer in the portfolio. In the week ahead, it's going to be another big week of earnings with the four mega-cap names and 10 other Club names set to report. Linde : We're looking for more of the same — steady earnings growth; 6% is the Street estimate. End market commentary will also help us better formulate our view of the economy — and in turn the stock market.

Persons: Russell, Jerome Powell's, Ford, Stanley Black, Decker, We're, we'll, Elliott, we've, We'll, Kraft Heinz, Vita Coco, COCO, Lam, SIRI, WEN, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Nasdaq, Dow, Communication, Honeywell, YouTube, Procter & Gamble, Devices, Microsoft, Starbucks, GE Healthcare, DuPont, Meta, Apple, Coterra Energy, Linde, Silo AI, Elliott Management, GE HealthCare, Amazon, Apple Intelligence, U.S, Labor, Fed, Networks, Procter, Gamble, PayPal, Pfizer, BP, JetBlue Airways, Merck, Solar Inc, Caesars Entertainment, Electronic Arts, EA, Nation Entertainment, Boeing, Cruise, Mastercard, Teva Pharmaceutical, Hess Corp, Arm Holdings, Qualcomm, Lam Research, Western, eBay, EBAY, MGM Resorts, MGM, ConocoPhillips, Mobileye, Canada Goose Holdings, Hershey, Toyota, Dominion Energy, Air Products & Chemicals, Southern Company, International, Coterra Energy Intel, Coinbase, Booking Holdings, LIN, Exxon Mobil, Chevron, LyondellBasell Industries, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Dover, Eaton, Amazon, China, destocking, Corning, New York City

☆ Chinese EV startups are spending more on research than Tesla is
▼ + stars: | 2024-07-25 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

CNBC | Evelyn ChengBEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla , according to CNBC analysis of the four automakers' first-quarter earnings. Of the four U.S.-listed Chinese electric car companies, Nio ranked first, spending nearly 29% of revenue in the first three months of the year on research and development. He was referring to a popular term in China to describe fierce competition, especially in the electric car industry. She noted that can help Chinese electric car companies respond more quickly to customers and market needs than traditional automakers. Geely has also released an electric car architecture called SEA that it says allows for quicker production of different sized vehicles.

Persons: Evelyn Cheng, Paul Gong, Nio, Elon, Feng Shen, Shen, William Li, Li, Jing Yang, Zeekr's, Parent, Ren Xiangfei, Ren, Geely, Tesla, Taylor Ogan Organizations: CNBC, UBS, Elon Musk's, Ford Motor, China's Ministry of Industry, Information Technology, Fitch, China Passenger Car Association, Snow Bull, Tech Locations: Hefei, Evelyn Cheng BEIJING – U.S, U.S, China, Nio, Hefei city, Anhui, Shanghai, Asia, Pacific, Zhejiang province, Hong Kong, Shenzhen

☆ Opinion: I’m a former Olympic swimmer who almost drowned as a child. It’s a preventable danger
▼ + stars: | 2024-07-25 | by ( Opinion Cullen Jones | ) edition.cnn.com time to read: +6 min

In the 1960s, many public pools were filled with concrete or destroyed to avoid allowing Black Americans to swim in them. In fact, park managers opted to shut down the Historic Audubon Park Natatorium in New Orleans, the largest public pool in the South, rather than see it integrated. Black children ages 10-14 years drown in swimming pools at a rate that is almost 8 times higher than White children. Third places are incredibly important for public health and wellbeing however because they give people a place to socialize and build community. We also need better national data about our public pool system that goes beyond project- or funding-specific tracking.

Persons: Cullen Jones, Cullen Jones Maddie Meyer, Paris —, Heather McGhee, Prosper Organizations: USA, Foundation, CNN, Olympics, Rutgers Aquatic Center, ”, White Americans, Black, Historic Audubon, Disease Control, Prevention, Trust, Community Locations: @CullenJones, Philadelphia, Paris, Newark , New Jersey, ”, United States, New Orleans, White

Understanding Car Insurance ClaimsWhat is a Car Insurance Claim? Types of Car Insurance ClaimsCommon car insurance coverages you can file claims for include but aren't limited to:CollisionComprehensiveLiabilityPersonal injury protectionMedical paymentsUninsured/underinsured motoristRental car reimbursementRoadside assistanceGap insuranceWhether you can file a claim under a specific coverage depends on if it's included in your policy. How to File a Car Insurance ClaimStep to File a Car insurance ClaimTake a look at the process of filing a car insurance claim. When to File Car Insurance Claim FAQWhen should I file a car insurance claim? How long you have to file a car insurance claim varies by insurer.

Persons: it's, Falen Cox, Cox, Dan Ferrara, Ferrara Organizations: Insurance Information Institute, Insurance, CRM, Insurance Company, Car Insurance, Car, Chevron

☆ Google scraps plan to remove cookies from Chrome
▼ + stars: | 2024-07-22 | by ( ) www.reuters.com time to read: +3 min

The Google logo is seen in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo Purchase Licensing Rights , opens new tabCompanies Google Inc FollowAlphabet Inc FollowJuly 22 (Reuters) - Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet. "Advertising stakeholders will no longer have to prepare to quit third-party cookies cold turkey," eMarketer analyst Evelyn Mitchell-Wolf said in a statement. "Google's decision to continue allowing third-party cookies, despite other major browsers blocking them for years, is a direct consequence of their advertising-driven business model," Cohen said in a statement. Reporting by Yuvraj Malik and Jeffrey Dastin in San Francisco; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Steve Marcus, they'd, Anthony Chavez, Chavez, Evelyn Mitchell, Wolf, Lena Cohen, Cohen, Yuvraj Malik, Jeffrey Dastin, Devika Organizations: REUTERS, Google, Markets Authority, European Union, General Data Protection, CMA, Office, Electronic Frontier Foundation, Thomson Locations: Las Vegas , Nevada, U.S, San Francisco

☆ 30-year-old was laid off from her hotel job, now earns $125,000 without a bachelor's degree thanks to this one skill
▼ + stars: | 2024-07-21 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Ayana Dunlap changed careers and increased her earning potential over the course of a summer — and she did it without a bachelor's degree, or spending a dime. Suddenly, the hospitality career Dunlap had dreamed of having since she was a teenager seemed "impossible" to return to. Dunlap says she was worried her job opportunities would be limited without a bachelor's degree. She has an associate's degree in business administration and had exclusively worked in hospitality up to that point. The most important skill that helped Dunlap land a six-figure tech job without a bachelor's degree, she says, is cybersecurity.

Persons: Ayana Dunlap, Dunlap, She's Organizations: Google, Bank Policy Institute, CNBC Locations: Virginia, Scholas, New York, Gaithersburg , Maryland, Washington ,, Dunlap

The fleet of 500 vehicles operating in the city belongs to Apollo Go, a unit of Chinese tech giant Baidu (BIDU). There have also been complaints from residents in Wuhan about traffic jams, as driverless cars fail to respond to traffic lights. Uncertainty over the safety and reliability of driverless cars has cast a long shadow over the industry in the US. Last week, authorities in Shanghai’s Pudong New Area started handing out licenses to driverless car operators, including Apollo Go and Alibaba-backed AutoX, according to state media China Daily. California-based startup Pony.ai, backed by Toyota and Saudi Arabia, was also given the green light to test driverless vehicles in the financial hub.

Persons: You’ll, ” Tu Le, robotaxi, Apollo Go’s, Apollo, Waymo, Elon Musk, Go Organizations: Hong Kong CNN —, Weibo, Baidu, Global Times, Sino, CNN, National Bureau of Statistics, Apollo Go, United, GM, Department of Justice, McKinsey, Pudong New Area, Toyota, Beijing Municipal Bureau of, Information Technology, People’s Daily Locations: China, Hong Kong, Wuhan, Weibo, United States, United Arab Emirates, California, Beijing, Shenzhen, Pudong, . California, Saudi Arabia, Bao’an district, People’s

☆ Greece shuts Acropolis and Adriatic Sea hits record-high temperature as extreme heat bakes Europe
▼ + stars: | 2024-07-18 | by ( Story Associated Press | Angela Dewan | ) edition.cnn.com time to read: +4 min

Athens CNN —The Acropolis in Greece shut for hours, record-breaking ocean temperatures off Croatia and plans to feed zoo animals popsicles in Italy — southern Europe is baking under a “hellishly hot” heat wave. If you don’t come prepared, you’re going to sweat.”Tourists leave the Acropolis hill in Athens, on July 17, 2024. The site was shut at 12 p.m. for five hours to keep visitors out of the heat. Nikolas Kokovlis/NurPhoto/Getty ImagesThe heat has come largely from hot air blowing in from Africa, which meteorologists forecast will continue through Sunday. The brutal heat wave hitting southern Europe has so far spared Paris, which is set to host the Olympics later this month.

Persons: ”, Toby Dunlap, Nikolas Kokovlis, Carmen Díaz, “, Patrizia Valerio, goer Mattia Rossi, ” Rossi Organizations: Athens CNN, Culture Ministry, Cross, Tourists, Aris Oikonomou, Getty Locations: Athens, Greece, Croatia, Italy, Europe, Pennsylvania, AFP, Africa, Basilicata, Palermo, Sicily, Verona, Rome, Madrid, Varese, Balkans, Dubrovnik, Serbia, Albania, Neighboring, Macedonia, Montenegro, Romania, Turkey, Paris

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