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☆ US announces $6 billion long-term military aid package for Ukraine
▼ + stars: | 2024-04-26 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —US Defense Secretary Lloyd Austin announced on Friday a $6 billion long-term military aid package for Ukraine — the largest to date — which will allow the US to purchase new equipment produced by the American defense industry for the Ukrainian military. The announcement comes just days after the US announced a $1 billion package that would quickly provide equipment to Ukraine from US stocks, following President Joe Biden’s signing of a much delayed $95 billion supplemental aid package on Wednesday. Biden said moments after signing the legislation that shipments of aid to Ukraine would begin within hours. Equipment under the $6 billion package announced Friday, however, will take much longer to arrive. The USAI is intended to provide Ukraine with a long-term supply of weapons and equipment.

Persons: Lloyd Austin, ” Austin, Joe Biden’s, Biden, Austin, CQ, “ They’ve, ” Brown, Volodymyr Zelensky, ” Organizations: CNN, US, Ukraine —, Ukraine Security Assistance Initiative, Joint Chiefs, Staff, Contact Locations: Ukraine, Germany, Ukrainian

☆ As pro-Palestinian protests sweep college campuses, student journalists are rushing to the big story and exams
▼ + stars: | 2024-04-26 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent days to cover pro-Palestinian protests roiling the campus. It’s also finals week, and in the coming days the newspaper’s staff will transition to the next year’s staff. And, for many of these student journalists, it’s becoming a seminal moment in their nascent careers. “Given that we’re student journalists, we know the campus and the students here. As pressure mounted on campus, the newspaper mobilized a handful of writers who worked together to cover the protests.

Persons: Arianna Smith, Smith, It’s, ” Smith, it’s, “, We’re, we’re, Anjali Patel, ” Patel, “ We’re, Amelia Kimball, Kimball, Greg Abbott, ” Kimball, CNN’s John Berman, ” Organizations: CNN, Ohio State University’s, Ohio, ”, University of Southern, The Daily, USC, Daily, University of Texas, The Daily Texan, “ Locations: Gaza, Columbus, University of Southern California, Austin, Texas

☆ Why this campus turmoil story is so complex
▼ + stars: | 2024-04-26 | by ( David Goldman | Ramishah Maruf | ) edition.cnn.com time to read: +8 min

Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint. Yet hundreds of protesters have been arrested for trespassing and for violating school rules, including blocking access to campus buildings or other disruptions on campus.

Persons: Jay Janner, Mike Stewart, Sarah Reingewirtz, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Alex Kent, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, David Dee Delgado, Stefan Jeremiah, Selcuk, Kena Betancur, Benjamin Netanyahu’s Organizations: New, New York CNN, University of Texas, Austin Statesman, USA, Network, Reuters, Reuters Georgia State Patrol, Emory University, University of Southern, MediaNews, Los Angeles Daily News, Getty, Austin, University, Emerson College, Columbia University, Swarthmore College, Bloomberg, Getty Images Police, Reuters New York, Reuters Columbia, Columbia, CNN, New York University, New York Times, University of California, Sproul Hall, Yale University, University police, Monday, York University, The New School, AP, Massachusetts Institute of Technology, Library, Getty Images, CAIR, Defamation, Jewish, Israel Locations: New York, United States, Gaza, Gaza . Texas, Austin, Reuters Georgia, Atlanta, University of Southern California, Los Angeles, Boston, AFP, Swarthmore , Pennsylvania, Texas, Columbia, New, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Israel

They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

Nvidia Eddie George picked chipmaker darling Nvidia for its long-term prospects. Oracle shares are up roughly 9% this year. Apple George selected Apple for his second pick. Faced with waning demand and rising competitive pressures, Apple stock has shed nearly 12% this year, making it a weak link among the "Magnificent Seven" tech cohort. The company's legacy of sustainable excellence has also paved the way for cutting-edge technology like Apple Pay and the Apple Watch.

Persons: gunning, Breanna Stewart, Stewart, Mark Zuckerberg, Nvidia Eddie George, George, Jensen Huang, Charlotte Flair, Flair, Oz Pearlman, bitcoin, Pearlman, It's, Caterpillar's, Ekeler, Schulman, Carter, Microsoft Jillian Michaels, Giancarlo Chersich, Michaels, Nancy Pelosi's, Oracle Joey Chestnut, Larry Ellison, Wall, DraftKings, Karen Finerman, Apple George, Apple, DraftKings Eddie George, Apple Charlotte Flair, IBM Oz Pearlman, Carvana Austin, Intel Nev Schulman, Crocs Jillian Michaels, Google Joey, Starbucks Kenny, Smith Organizations: Meta, Nvidia, Tennessee Titans, Tennessee State University, Computer WWE, Computer, Micro, IBM, bitcoin, Caterpillar, Washington, Microsoft, Oracle, FactSet, CNBC, Apple, Apple Watch, Intel, JPMorgan Druski, Nike, Google, Starbucks, Warner Bros, Delta Air Locations: American, Nashville

☆ I compared 2 world-famous barbecue spots in Texas. Both had impressive meat options, but the sides at one were way better.
▼ + stars: | 2024-04-25 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

I tried popular menu items from Franklin Barbecue in Austin and Terry Black's in Dallas. Franklin Barbecue impressed me with its juicy, tender brisket. Terry Black's sold out of brisket, but its variety of tasty sides made it my preferred spot. On a recent trip to Dallas, I tried one of the most famous barbecue restaurants in the city, Terry Black's Barbecue, to see how it compared to my last Texas barbecue experience in 2021. Here's how the two experiences compared, and which barbecue spot my mouth is still watering for.

Persons: Terry Black's, Franklin, —, Bon Appétit Organizations: Franklin Barbecue, Service, Franklin, Texas, Dallas, Dallas Observer Locations: Austin, Dallas, Texas

☆ American Airlines swings to a loss, but tops estimates for Q2 forecast
▼ + stars: | 2024-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates, sending shares roughly 5% higher Thursday. American reiterated its forecast to earn between $2.25 and $3.25 per share for the full year. American said it expects second-quarter capacity to be up 7% to 9%, and unit revenues to fall 1% to 3% from last year. Similar to Southwest , United and Alaska , American is affected by Boeing's latest quality control and safety crises. Adjusting for one-time items, including costs associated with new labor contracts, American lost $226 million, or 34 cents per share.

Persons: LSEG, Robert Isom, Isom, Boeing hasn't, —, Phil LeBeau Organizations: Boeing, American Airlines, JFK International, CNBC, Revenue Locations: Austin , Texas, New York, Manhattan, Southwest, United, Alaska, American

☆ In pictures: Pro-Palestinian protests spread at US colleges
▼ + stars: | 2024-04-25 | by ( ) edition.cnn.com time to read: +1 min

College campuses across the United States have erupted in recent days with pro-Palestinian protests. Columbia University, the epicenter of demonstrations that began earlier this month, asked the New York Police Department to clear the campus, including Hamilton Hall, where several students had barricaded themselves. More than 100 protesters were arrested that day at Columbia University and nearby City College of New York — most at Columbia — according to a law enforcement official. Pro-Palestinian encampments have been also set up at other schools, including the Massachusetts Institute of Technology, Emerson College, the University of Texas at Austin, the University of Michigan and the University of California, Berkeley. As some Jewish students say they are concerned for their safety on campus, college administrators are facing increasing pressure from lawmakers to rein in protests.

Organizations: Columbia University, New York Police Department, Hamilton Hall, NYPD, City College of New, Columbia, CNN, Massachusetts Institute of Technology, Emerson College, University of Texas, University of Michigan, University of California, University of Southern Locations: United States, City College of New York, Gaza, Austin, Berkeley, University of Southern California

☆ Investor Ron Baron says Tesla is at a bottom and the stock will 'go up huge' from here
▼ + stars: | 2024-04-25 | by ( Yun Li | Adam Jeffery | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron, a longtime Tesla bull, believes Elon Musk's electric vehicle manufacturer has hit a bottom. What they are doing is going into robotaxis and going to make the low-cost cars," Baron said on CNBC's "Squawk Box" on Thursday. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for more than 30% of the portfolio. The fund is down more than 17% this year amid a 35% decline in Tesla shares. TSLA 1Y mountain Tesla shares over past 12 months.

Persons: Ron Baron, Tesla, Elon, Baron, Musk, weathers, — Organizations: Baron Capital, Baron Partners Fund Locations: robotaxis, Tesla, Baron's, Austin , Texas

☆ CNBC's 2024 Stock Draft: Washington Commanders’ Austin Ekeler picks Caterpillar in first round
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's 2024 Stock Draft: Washington Commanders’ Austin Ekeler picks Caterpillar in first roundCNBC’s annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch’ to make their picks.

Persons: ’ Austin Ekeler Organizations: Washington, Caterpillar

☆ Trump downplays deadly Charlottesville rally as a ‘peanut’ compared to Israel-Gaza protests
▼ + stars: | 2024-04-25 | by ( Kate Sullivan | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump on Wednesday night downplayed the 2017 white supremacist rally in Charlottesville, Virginia, which led to a woman’s death, as a “peanut” compared to the demonstrations happening across the US against Israel’s actions in Gaza. Public officials have condemned incidents of antisemitism that have occurred amid the protests and raised concerns over the safety of Jewish students. Trump also accused Biden in the post of hating Israel and the Jewish people, but hating the Palestinian people even more. “I condemn the antisemitic protests, that’s why I’ve set up a program to deal with that,” Biden said when questioned about the events at Columbia University in New York. Republican House Speaker Mike Johnson visited the campus on Wednesday to call for Columbia University President Minouche Shafik to resign if she cannot bring order to the campus.

Persons: Donald Trump, Confederate, Robert E, Lee, Joe Biden, Crooked Joe Biden, ” Trump, Trump, Biden, Israel, Steven Cheung, ” Biden, Ammar Moussa, “, ”, Mike Johnson, Minouche Shafik, – Claudine Gay, Liz Magill, CNN’s Donald Judd, Shania Shelton Organizations: CNN, Public, Trump, “, Columbia University, University of Southern, University of Texas, Wednesday, Protesters, Republican, Ivy League, Harvard University, University of Pennsylvania Locations: Charlottesville , Virginia, Gaza, White, Charlottesville, New York, University of Southern California, Austin, Israel

☆ Video: Former Trump aide Cassidy Hutchinson describes impact of being attacked by Trump
▼ + stars: | 2024-04-24 | by ( Austin Mabeus | ) edition.cnn.com time to read: 1 min

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☆ The US and China are engaging more. But that doesn't mean they trust each other more, an analyst said.
▼ + stars: | 2024-04-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US and China's engagements don't mean they trust each other more, said Eurasia Group's Ian Bremmer. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But just because they're talking more doesn't mean that they actually trust each other more, an analyst said on Wednesday. Earlier this month, Treasury Secretary Janet Yellen visited China, seeking cooperation in areas beneficial to both countries. Advertisement"It's always better to have more engagement, more conversations — especially when you don't trust each other," Bremmer said.

Persons: Ian Bremmer, —, Joe Biden, Xi Jinping, there's, Bremmer, Janet Yellen, Lloyd Austin, State Anthony Blinken, William Lai — Organizations: Service, Eurasia Group, Bloomberg, APEC, Defense, State Locations: Eurasia, Ian Bremmer . Washington, China, Taiwan, San Francisco, US, Washington, Taiwan —, Beijing

☆ Inside the White House’s monthslong push for Ukraine aid
▼ + stars: | 2024-04-24 | by ( Arlette Saenz | ) edition.cnn.com time to read: +11 min

Sullivan followed up four days later with a call to Johnson to highlight the measures in place to track aid in Ukraine. They spoke often with Johnson’s staff, including meetings at the White House and on Capitol Hill. Meanwhile, White House chief of staff Jeff Zients, Ricchetti and Goff spoke with Schumer and Jeffries and their staff almost daily to strategize on how to push Ukraine aid forward. Biden and Johnson spoke by phone the next day as the speaker briefed him on his plan to move the aid package forward. “We discussed the contents of the next US military aid package,” Zelensky said.

Persons: Mike Johnson, Joe Biden, Johnson –, speakership, Biden, Johnson, Vladimir Putin, Jake Sullivan, Shalanda Young, Sullivan, Taiwan –, Hamas, Putin, ” Biden, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, “, ”, Steve Ricchetti, Richetti, Shuwanza Goff, Ricchetti, Goff, Jeff Zients, Schumer, Jeffries, Young, McConnell, Michael McCaul, Intelligence Michael Turner, Bill Burns, Ukraine Bridget Brink, Chip Roy, Texas, Ralph Norman of, Biden’s, Anita Dunn, Jon, Lloyd Austin, Volodymyr Zelensky, Zelensky, National Intelligence Avril Haines, Donald Trump’s, Burns, ” Zelensky Organizations: Washington CNN, Ukraine, White House, GOP, Management, Senate, Biden, Russia, House Democratic, White, Capitol, House Foreign, Intelligence, CIA, Republican, The Defense Department, House Republicans, National Intelligence, Democratic, CNN Locations: Ukraine, Europe, Russia, Israel, Taiwan, Ricchetti, Ralph Norman of South Carolina, Washington ,, Johnson’s

☆ Tesla found a way to get out of environmental regulations at its Texas gigafactory
▼ + stars: | 2024-04-24 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Tesla's gigafactory outside Austin won't have to follow the city's environmental regulations. Elon Musk has said the property will be an "ecological paradise," but Tesla has a history of violating the environment. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla's massive gigafactory outside Austin, Texas will no longer have to follow local environmental regulations, thanks to a recent state law. Tesla's 2,500-acre property, which includes its 10-million-square-foot electric vehicle gigafactory, is in unincorporated land on the outskirts of Austin.

Persons: Tesla's, Elon Musk, Tesla, — Organizations: EV, Service, Business Locations: Austin, Austin , Texas

☆ Larry Ellison says Oracle's HQ is moving to Nashville — 4 years after relocating from California to Texas
▼ + stars: | 2024-04-24 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +1 min

Oracle head Larry Ellison said Tuesday the company is planning a move to Nashville, Tennessee. Ellison said he now wants the company to be closer to the center of the healthcare sector. Larry Ellison, the software giant's cofounder and chairman announced plans Tuesday for a "huge campus" in Nashville, "which will ultimately be our world headquarters." "It's the center of the industry we're most concerned about, which is the healthcare industry," Ellison said at the Oracle Health Summit in Nashville, according to CNBC. This story is available exclusively to Business Insider subscribers.

Persons: Larry Ellison, Ellison, — Organizations: Service, Oracle, Oracle Health Summit, CNBC, Business Locations: Nashville , Tennessee, Silicon Valley, Austin, Nashville

☆ How the House GOP’s Biden impeachment effort fell apart
▼ + stars: | 2024-04-24 | by ( Annie Grayer | Melanie Zanona | ) edition.cnn.com time to read: +14 min

“To me, success is impeachment from the House,” GOP Rep. Brian Mast said. Comer’s co-leads, House Judiciary Chairman Jim Jordan and House Ways and Means Chairman Jason Smith, are also fully behind the work. I don’t think that’s an impeachable offense,” GOP Rep. Jodey Arrington said. Even GOP Rep. Darrell Issa remarked after the first hour of questioning that Hunter Biden was prepared for the interview. There’s an election in seven months from now,” GOP Rep. Nick LaLota, who represents a New York district Biden won in 2020, told CNN.

Persons: James Comer, Joe Biden, –, Comer, Biden, “ Comer, Jesus, Alejandro Mayorkas, Comer –, “, Anna Paulina Luna –, Hunter Biden, it’s, ” Luna, ”, missteps, Brian Mast, Mike Johnson, Comer’s, Jim Jordan, Jason Smith, ” Johnson, Steve Scalise, Elise Stefanik, Kevin McCarthy, ” Bruce Dubinsky, McCarthy, Samuel Corum, Johnson, Jodey Arrington, Darrell Issa, …, Doug LaMalfa, Mayorkas, Tony Gonzales, Austin Scott, ” Comer, Donald Trump, Jordan, doesn’t, There’s, Nick LaLota, Jamie Raskin, Raskin Organizations: Washington CNN —, Republican, CNN, Kentucky Republican, Homeland, Biden, GOP, Republicans, Getty, White, Democratic, ”, Department of Justice Locations: Kentucky, ”, Washington , DC, –, Texas, New York

☆ Anne Hathaway details ‘gross’ chemistry tests she did in the 2000s
▼ + stars: | 2024-04-23 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —Oscar-winning actress Anne Hathaway has said that she had to kiss a series of actors during the audition process in the 2000s to “test for chemistry” on camera. Speaking to V Magazine in an interview published Monday, Hathaway said: “Back in the 2000s — and this did happen to me — it was considered normal to ask an actor to make out with other actors to test for chemistry. Aren’t you excited to make out with all of them?’“And I thought, ‘Is there something wrong with me?’ because I wasn’t excited. “It wasn’t a power play, no one was trying to be awful or hurt me. Anne Hathaway and Nicholas Galitzine attend "The Idea Of You" World Premiere during SXSW at The Paramount Theater on March 16, 2024 in Austin, Texas.

Persons: CNN — Oscar, Anne Hathaway, Hathaway, “, ‘, ” Hathaway, Oscar, ”, Solène, Nicholas Galitzine, Daniel Boczarski, Hayes, ” Galitzine, Mary, George ”, Julianne Moore, Nobody, Michael Showalter Organizations: CNN, Magazine, Coachella, SXSW, Paramount Theater, Alabama Locations: Austin , Texas, British, Alabama

☆ Tesla layoffs impacted nearly 12% of its Texas staff
▼ + stars: | 2024-04-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Tesla has laid off 2,688 workers at its Austin factory, nearly 12% of the site's staff. The layoffs have also impacted workers at Tesla's other US and international locations. The Texas site employed about 22,777 people before the layoffs — meaning Tesla cut nearly 12% of its staff at the site. The broader layoffs appear to have affected workers across the country, as well as some staff at Tesla's international offices. Last week, a WARN notice revealed the cuts had impacted 280 workers at a Tesla facility in Buffalo, New York.

Persons: Tesla, Elon Musk, —, Elon, Tesla's Austin Gigafactory Organizations: Service, Lone Star State, Worker, Business Locations: Austin, Texas, Tesla, Buffalo , New York, California, Nevada

☆ Oracle is moving its world headquarters to Nashville to be closer to health-care industry
▼ + stars: | 2024-04-23 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter. He said Nashville is an established health center and a "fabulous place to live," one that Oracle employees are excited about. "It's the center of the industry we're most concerned about, which is the health-care industry," Ellison said. "I shouldn't have said that," Ellison told Frist, a longtime health-care industry veteran who represented Tennessee in the Senate. The pair spoke during a fireside chat at the Oracle Health Summit in Nashville.

Persons: Larry Ellison, Bill Frist, Ellison, Frist Organizations: Oracle, Senate, Oracle Health Summit, Healthcare, HCA Locations: San Francisco, Nashville , Tennessee, U.S, Nashville, Tennessee, Silicon Valley, Austin , Texas

☆ Tesla cutting around 2,700 jobs in Austin as part of broad restructuring
▼ + stars: | 2024-04-23 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Tesla is eliminating around 12% of its workforce at a factory in Austin, Texas, as part of a broader restructuring the company announced last week. In 2021, Tesla CEO Elon Musk moved the company's corporate headquarters to Austin from Palo Alto, California. Tesla officially opened its Texas EV and battery factory in April 2022, with a "cyber rodeo" party. Musk later called the Austin factory, and another assembly plant in Germany, "gigantic money furnaces," in an interview with Tesla Owners Silicon Valley, a fan club that promotes Tesla vehicles. Executives are expected to discuss the restructuring on the company's quarterly earnings call at 5:30 p.m.

Persons: Tesla, Elon Musk, Musk Organizations: Tesla, Texas EV, Austin, Texas Department Locations: Austin , Texas, Travis County, Austin, Palo Alto , California, New York, Buffalo, Texas, Germany

☆ Some workers are choosing housing and student loan benefits over a retirement plan, and it says a lot about America's cost-of-living crisis
▼ + stars: | 2024-04-23 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

"Standard benefits, like medical, dental, or vision care, are typically included in most employee benefits plans. "With workers of all ages repaying student debt, student loan assistance should be a key consideration in the enhancement of employee benefit programs," Newcome said. Non-traditional benefits could also convince workers to rethink remote workRethinking employee benefits could also be the key to enticing remote workers back to the office. Additionally, 69% said they would be willing to change their job or career for employer-based housing benefits. As the landscape of employee benefits evolves to meet the changing needs of the workforce, companies are becoming more innovative.

Persons: —, John Newcome, Kelly, Newcome, Boring, Bonds Organizations: Service, Business, Employees, Walmart, SpaceX Locations: Austin, Bastrop

☆ The electric car revolution is on track, says IEA
▼ + stars: | 2024-04-23 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

“The continued momentum behind electric cars is clear in our data, although it is stronger in some markets than others,” IEA executive director Fatih Birol said in a statement. Last year, global EV sales grew 35% to almost 14 million. “Intensifying market competition and improving battery technologies are expected to reduce (EV) prices in the coming years,” the IEA said. “Growing electric car exports from Chinese automakers, which accounted for more than half of all electric car sales in 2023, could add to downward pressure on purchase prices,” it added. By 2030, almost one in three cars on the roads in China is set to be electric, according to the IEA.

Persons: —, Tesla, “, Fatih Birol, China’s BYD, Brandon Bell, EVs, ” Birol Organizations: London CNN — Global, International Energy Agency, IEA, Li, Getty, European Union, EV, Volkswagen, Audi, BMW Locations: China, Chinese, Germany, United States, Austin , Texas, EVs, Europe

☆ A homebuyer's guide to the real-estate revolution
▼ + stars: | 2024-04-23 | by ( James Rodriguez | ) www.businessinsider.com time to read: +16 min

Real-estate agents' commissions have fluctuated between 5% and 6% of the sale price for decades, despite advances in technology and an influx of agents. The recent lawsuits, which accused the NAR and some of the country's largest brokerages of conspiring to keep agents' commissions unfairly high, could signal the start of a new era. If sellers aren't paying out commissions to buyers' agents, buyers themselves could end up on the hook. For example, what happens if the seller isn't willing to pay the buyer's agent's commission? In most states, the buyer's agent can technically just rebate that extra money to their client.

Persons: Austin Whitt, Whitt, —, I've, Steve Brobeck, Sabrina Brown, they've, Michael Warren, Sellers, Prentiss Cox, it'll, you've, doesn't, Jack Ryan, Ryan, homebuying, Rob Hahn, Wendy Gilch, Gilch, I'm, it's, David Dworkin, Dworkin, Cox, It's Organizations: Realtors, National Association of Realtors, NAR, Consumer Federation of America, Getty, University of Minnesota, MLS, Consumer Federation of, National Housing Conference, Justice Department Locations: Tennessee, Nashville, America, North Carolina, United Kingdom, Australia

☆ How 2 participants in Houston's basic-income program plan to spend the $500 a month: 'When you live paycheck to paycheck, it's horrible'
▼ + stars: | 2024-04-23 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

He knows the GBI money will help him breathe a little easier. Uplift Harris' program will begin payments in the meantime, according to the office of Precinct 1 Commissioner Rodney Ellis. Uplift Harris participants hope the program will make them more financially stableGuaranteed basic income is an increasingly popular solution to combat poverty in US cities. GBI participants have previously told BI that they used the funds to secure housing and food, pay off debt, and afford school supplies for their children. Have you benefited from a guaranteed basic income program?

Persons: —, Delwin Sutton, doesn't, Sutton, Ken Paxton, Harris, Paxton, Rodney Ellis, Sutton doesn't, Dustin Palmer, We've, Palmer, Jay Carter, isn't, Carter, Still, Harris County Attorney Christian D, Menefee Organizations: Service, Business, Harvard, Yale, Texas Attorney, Services, American, Republican, Harris County Attorney, Austin, South Dakota Republicans, doesn't Locations: Houston, Harris, Harris County, GBI, Texas, Austin, San Antonio, El Paso County, The Arizona, South Dakota, Iowa

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