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☆ Amazon tells employees to return to office five days a week
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ The strike could cost Boeing more than $1 billion. But that could be the least of its problems
▼ + stars: | 2024-09-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

How long the strike lasts will determine how serious the problems are for Boeing. Boeing has a long way back to profitability, no matter how long the strike lasts. So as bad as the strike might be for Boeing, it has plenty of other problems to deal with. So even with financial problems that might kill another company, Boeing isn’t going anywhere. The strike could last a whileNegotiations between Boeing, the union and federal mediators are expected to resume early this week.

Persons: Brian West, Boeing’s, Fitch, Moody’s, Poor’s, Richard Aboulafia, ” Aboulafia, ” Jim Bloomer, Max, “, you’ve, ” Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Airbus, CNN Locations: New York, Washington, Renton , Washington

☆ Amazon drops the hammer on remote work and orders employees back to the office 5 days a week starting January
▼ + stars: | 2024-09-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +11 min

The rule further tightens the requirement from last year that workers be on-site at least three days a week. "If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits," Jassy said. And Meta's Mark Zuckerberg helped kick off the org-chart flattening trend when he criticized "managers managing managers" at the start of his "year of efficiency" in 2023. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Jassy, we've, Jassy's, Mark Zuckerberg, Dominick, we're, I've, it's, It's, Andy Organizations: Walmart, Bloomberg, Business, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ Elon Musk deletes X post about Biden, Harris assassination threats after backlash
▼ + stars: | 2024-09-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Marc Piasecki | Getty ImagesTesla CEO and X majority owner Elon Musk wrote and then deleted a Sunday post on X that appeared to question why there weren't more assassination threats made against President Joe Biden and Vice President Kamala Harris. Musk, who has 197.8 million listed followers on X, posted the message shortly after a second apparent assassination attempt against Republican former President Donald Trump. The post was prompted by an X user who asked, "Why they want to kill Donald Trump?" "Well, one lesson I've learned is that just because I say something to a group and they laugh doesn't mean it's going to be all that hilarious as a post on X," Musk posted at 2:58 a.m. E.T. The Trump campaign did not immediately respond to CNBC's request for comment on Musk's post.

Persons: Elon Musk, Mark Read, Marc Piasecki, Joe Biden, Kamala Harris, Musk, Donald Trump, Biden, Kamala, Harris, Tesla, Trump, Musk's, Andrew Bates Organizations: Cannes Lions, Tesla, Republican, National Labor Relations Board, CNBC Locations: Cannes, France

☆ iPhone 16 delivery lead time is 'one indicator, not the only indicator', says BofA's Wamsi Mohan
▼ + stars: | 2024-09-16 | 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 EmailiPhone 16 delivery lead time is 'one indicator, not the only indicator', says BofA's Wamsi MohanWamsi Mohan, BofA Securities senior IT hardware analyst, joins 'Closing Bell Overtime' to talk reports of a pre-order slowdown with Apple's new iPhone 16.

Persons: BofA's Wamsi Mohan Wamsi Mohan Organizations: BofA Securities

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

☆ Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. The growing prevalence of one- and same-day delivery has made Amazon a much more convenient to place to shop for everyday essentials. "If people buy everyday essentials on Amazon, they're more likely to buy other products too," said Jeff Marks, the Club's director of portfolio analysis. This added convenience in ordering everyday essentials from Amazon comes at a challenging time for physical retailers known for selling those same products. The company likes "to be in the consideration set for consumers" in the everyday essentials since it helps drive market share gains, Olsavsky said.

Persons: –, it's, Jeff Marks, Andy Jassy, Jassy, Gil Luria, Davidson, We've, Jim Cramer, Amazon's, Brian Olsavsky, Olsavsky, Wells, Ken Gawrelski, Gawrelski, Morgan Stanley, we're, Davidson's Luria, Luria, Jim, Jim Cramer's, Angus Mordant Organizations: Walgreens, CVS, Aid, D.A, Amazon, CNBC, Bloomberg, Getty Locations: Target, North America, New York

☆ One of China's neighbors says it's pulled a key patrol vessel out of the South China Sea after a 5-month standoff
▼ + stars: | 2024-09-16 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewThe Philippines has withdrawn one of its key patrol vessels from the South China Sea, where tensions with China have been growing in recent months. But, he added, its presence in the waters had been "further complicated by the structural damage to the vessel resulting from the deliberate ramming by the China Coast Guard on August 31, 2024." AdvertisementThe Teresa Magbanua has operated since April around Sabina Shoal — a disputed island in the South China Sea that has become a key flash point between the Philippines and China. Earlier this month, the Philippines' Rear Adm. Roy Vincent Trinidad told the Daily Tribune that the Teresa Magbanua had been outnumbered by more than 50 Chinese ships. China "has indisputable sovereignty over Xianbin Jiao and its adjacent waters," Liu Dejun, a spokesperson for China's Coast Guard, said, using the island's Chinese name.

Persons: —, Jay Tarriela, BRP Teresa Magbanua, Teresa Magbanua, Tarriela, Roy Vincent Trinidad, Lucas Bersamin, Xianbin Jiao, Liu Dejun, Teresa Magbanua's, Alexander Lopez, Lopez Organizations: Service, Coast Guard, BRP, Philippine Coast Guard, Business, China Coast Guard, South China, coastguard, Daily Tribune, National Maritime Council, Armed Forces, Guard, China's Coast Guard, Reuters, Sunday Locations: South China, China, Philippines, Sabina, South, Philippine, China's, Sabina Shoal, Xianbin

☆ Internal Amazon document spells out its new RTO rule forcing employees to work from an office 5 days a week
▼ + stars: | 2024-09-16 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

Read previewAn internal Amazon document details the company's new policy requiring corporate employees to work out of the office five days a week. AdvertisementThe internal "Frequently Asked Questions" document shared with employees describes how the new RTO policy will work. It has ended a policy that gave employees the option to work up to four weeks per year fully remote. Amazon provides a variety of commuter benefits and services to give employees flexibility for their commute to the office. AdvertisementWe will continue to work with employees with disabilities to identify the workplace accommodations/adjustments they need.

Persons: —, Andy Jassy, We've, Amazonians, you've, that's, I'm Organizations: Service, Monday, Business, Amazon, Puget Sound, Global Real, Design, Employees, IT Services Locations: U.S, Arlington, Europe, Americas

☆ Biden becomes a top Harris surrogate as they split up on the campaign trail
▼ + stars: | 2024-09-16 | by ( Kayla Tausche | Kevin Liptak | ) edition.cnn.com time to read: +6 min

In battleground Pennsylvania, a must-win state for Harris, Biden spoke to a Philadelphia conference attended by leaders of historically Black colleges and universities. The divided ground game by the vice president and her boss-turned-top surrogate, aides say, is all part of a plan. Even watching Harris do what he failed disastrously to do during his own debate with Trump, Biden has evinced only pride in his vice president, not bitterness. In 2000, Vice President Al Gore sought distance from scandal-marred President Bill Clinton as he campaigned against George W. Bush. Biden is now one of several high profile surrogates the Harris campaign will seek to deploy.

Persons: Kamala Harris, Joe Biden, Harris, Biden, who’s, ” Biden, “, Kamala, ” Harris, “ We’ve, –, she’s, Joe ”, Harris ’, Donald Trump – Harris, “ She’s, ‘, ’, Donald Trump, ”, he’d, Trump, Al Gore, Bill Clinton, George W, Barack Obama –, Josh Shapiro, Obama, Michelle, Bill, Hillary Clinton, “ Kamala, We’ll Organizations: Washington CNN —, Democratic, Teamsters, CNN, Biden, Joint Base Andrews, Congressional Black Caucus, Phoenix, Labor, Pittsburgh, Republican, White, Trump, JW Marriott Essex House, East, Keystone State, White House Locations: Pennsylvania, Philadelphia, Russia, Pittsburgh, New York

☆ The 2 things that will determine whether last week's stock market rally will continue this week
▼ + stars: | 2024-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City

☆ Russia expels six U.K. diplomats as tensions rise over Ukraine missiles
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +6 min

Russia announced the expulsions hours before British Prime Minister Keir Starmer met U.S. President Joe Biden at the White House, a crucial step towards winning the go-ahead for Kyiv to use long-range missiles against targets in Russia. Neither Biden nor Starmer addressed long-range missiles in brief comments in front of reporters. Sources say the meeting is another step in talks to allow Ukraine to use Western long-range missiles against targets in Russia, something Ukrainian President Volodymyr Zelenskyy has been demanding for months. The six UK diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.

Persons: Keir Starmer, Joe Biden, “, ” Biden, Starmer, Biden, ” Starmer, Vladimir Putin, Putin, ”, Volodymyr Zelenskyy, John Kirby, Kirby, Maria Zakharova, ” Zakharova Organizations: British, White, Ukraine, FSB, Soviet KGB, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, British Foreign, Biden, United Nations General Assembly, House, The New York Times, Russian Foreign Ministry Locations: Moscow, Ukraine, Britain, Russia, Kyiv, United States, Russian, Western, Washington, London, Iran, Soviet, British, Eastern Europe, Central Asia, Europe, Vienna

☆ Iran's ballistic missiles have questionable accuracy, but Russia may not care
▼ + stars: | 2024-09-14 | by ( Paul Iddon | ) www.businessinsider.com time to read: +5 min

Iran recently transferred Fath-360 close-range ballistic missiles to Russia, weapons that can blast fortified positions or cities near the frontlines and which could strain Ukraine's air defenses. An Israeli soldier examines part of an Iranian ballistic missile fired at Israel during Iran's direct attack in April. Russia already acquired KN-23 ballistic missiles from North Korea. Consequently, while these close-range ballistic missiles could contribute to some Russian tactical victories, they are certainly no game-changers. Advertisement"It seems dubious that several hundred of these munitions could have a significant impact on the war," Orr said.

Persons: —, Fath, Nicholas Heras, Matthew Orr, RANE, OREN ZIV, RANE's Orr, Orr, Heras Organizations: Service, Business, New Lines Institute, Associated Press, Israel, Getty, Ukraine, Ukrainian Locations: Iran, Tehran, Fath, Russia, Ukraine, Israel, Israeli, Eurasia, Iranian, North Korea, Ukrainian, Russian

☆ 2 things millennials tend to spend way too much money on, according to financial planners
▼ + stars: | 2024-09-13 | by ( Business Insider | Stephanie Hallett | ) www.businessinsider.com time to read: +5 min

Financial planners say millennials have a few not-so-great spending habits. According to financial planners, there are two things millennials overspend on way too often. AdvertisementFinancial planners say it's OK to spend your money on these things, but it becomes a problem when it doesn't fit into your budget or you're not meeting your financial goals. "I think most people, not just millennials, don't really have a budget and don't know how much they spend. This will help you figure out your discretionary spending budget once you've covered your priorities.

Persons: —, they've, Clari Nolet, Hewins, millennials, Nolet, doesn't, Asad Gourani, you've, lattes, Gourani Organizations: Service, AG Wealth Management

☆ Sometimes I think I love my mother-in-law more than I love my husband. She appreciates my hard work.
▼ + stars: | 2024-09-13 | by ( Kimberly Delarosa | ) www.businessinsider.com time to read: +5 min

Yolanda is a woman who raised four kids primarily on her own, while also attending school to become a mammogram technician. I would tidy up around the house as much as possible and offered to help with any tasks she needed. My son loves his grandmaWhile my husband was having a hard time accepting our son's diagnosis, Yolanda was reading and researching along with me. Yolanda knows the reality of having a full-time job and being a full-time parent simultaneously, always wondering whether you're making the right choice every day. AdvertisementAnd because she knows this, she has never let my hard work go unnoticed.

Persons: Yolanda, Will, hysterically, Gaga Organizations: Service

☆ My first C-section made me feel like I wasn't made to be a mother. My fourth one reminded me that C-sections can be beautiful.
▼ + stars: | 2024-09-13 | by ( Jenna Jonaitis | ) www.businessinsider.com time to read: +6 min

Once the obstetrician assessed the situation, I knew what she'd say before she said it: "We need to go to a C-section." I was certain I'd have a vaginal birth with no epidural. What I didn't expect was for my fourth C-section to be my best birth experience. Leading up to my fourth C-section, she and I dedicated a couple of sessions to processing the trauma from my earlier births so they'd have less of a hold on me going into the OR again. Whether it's through adoption, C-section, or vaginal birth, a child joining your life is every bit of magic and terror.

Persons: —, I'd, I've, bewilderment Organizations: Service, Business Locations: United States

☆ Here's what the Boeing strike might mean for flyers
▼ + stars: | 2024-09-13 | by ( Rob Wile | ) www.cnbc.com time to read: +3 min

Boeing workers went on strike Friday, the latest disturbance in what has proven a devastating year for the American aircraft manufacturer. Southwest had sharply brought down its delivery target for Boeing aircraft earlier this year. A United spokesperson said the carrier was working with Boeing to understand what the impact to the airline's delivery schedule might be. "There will probably be very little direct impact on consumers as a result of the Boeing strike," Harteveldt told NBC News. The previous Boeing machinists strike, in 2008, lasted nearly two months; however, in a note to clients, Bank of America analyst Ronald Epstein said the latest one could prove as short as a week.

Persons: Jon Holden, Henry Harteveldt, Harteveldt, Ronald Epstein, Boeing's Organizations: Aerospace Machinists, Boeing, Alaska Airlines, Southwest Airlines, International Association of Machinists, Aerospace Workers, Southwest, United, Atmosphere Research, NBC, Bank of America, FAA, Dow Locations: Seattle , Washington, U.S, Southwest, United, Renton , Washington

☆ Ukraine’s Kursk offensive was seen as a success but it had a cost
▼ + stars: | 2024-09-13 | by ( Ivana Kottasová | Kostya Gak | ) edition.cnn.com time to read: +13 min

Kyiv launched its surprise incursion into Russia’s Kursk region last month, taking Moscow by surprise and quickly advancing some 30 kilometers (19 miles) from the border. A group of Ukrainian soldiers rest in a village near the Russian border after taking part in Ukraine’s operation in Kursk. Ivana Kottasova/CNNUkrainian officials said Moscow has sent some 30,000 troops into the Kursk region. But they are finding the service doesn’t work at all in certain parts of the Kursk region. (AP Photo) Efrem Lukatsky/APA group of Ukrainian soldiers rests after completing a long mission in Russia's Kursk region.

Persons: Ukraine CNN — Vasyl, Vasyl –, –, Volodymyr Zelensky, ”, ” Vasyl, Ivana Kottasova, Wagner, Yevgeny Prigozhin, Ramzan Kadyrov, Akhmat, Ukraine's “ Nightingale, Vasyl, Don’t, ” Dmytro, Ukrainian –, Oleksandr Syrskyi, Zelensky, Bill Burns, ” Burns, Fin, Chasiv Yar, “, sapper, Efrem, Kholod, ” Kholod, ’ ” Vasyl, “ I’m Organizations: Ukraine CNN, CNN, Kyiv, Ukraine’s, Russian Ministry of Defense, Russian, Wagner, Military Company, Chechen, Ukrainian Nightingale, Institute for, Kremlin, Western, CIA, APC, Ukrainian Defense Ministry Locations: Sumy, Ukraine, Ukrainian, Russia’s Kursk, Moscow, Russia, ”, Kursk, Russian, West Africa, US, Kherson, Luhansk, Donetsk, Crimea, London, Sudzha, Russia's Kursk, Pokrovsk

☆ Amazon drivers are poised to get a 7% pay rise after they started to think about unionizing
▼ + stars: | 2024-09-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Read previewAmazon is spending $2.1 billion on its delivery service network — including pay increases — following renewed unionization efforts among delivery workers. Out of the $2.1 billion investment, Amazon said it will allocate $660 million toward "rate card increases and bonuses." Related storiesAmazon's delivery drivers are hired by third-party courier companies known as Delivery Service Partners, or DSPs. Amazon has said it doesn't dictate pay and can only decide what the minimum pay for drivers is. Drivers had been in disagreement with the company over whether Amazon bears any legal responsibility to its delivery drivers.

Persons: — Organizations: Service, Business, Amazon, Partners, National Labor Relations, NLRB, Drivers, International Brotherhood of Teamsters

☆ Facing criticism for being too walled off, Harris slowly opens the door to more media interviews
▼ + stars: | 2024-09-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +11 min

The campaign said Harris plans to do more interviews with local media in battleground states and speak more with her traveling press corps in the coming days. Her campaign’s media strategy has largely been a continuation of Biden’s, which is to minimize interactions with the media. Some allies said that Harris should use the momentum from the debate to change her cadence of interviews. “I don’t think you can hide for 56 more days from media interviews,” said one Democratic strategist, requesting anonymity to speak candidly. The Harris campaign also held a call that day, but it was off the record.

Persons: Kamala Harris ’, Harris, Donald Trump, Joe Biden’s, Tim Walz, Rickey Smiley —, “, ”, Chuck Rocha, Rocha, Trump, Robert F, Kennedy Jr, “ Harris, She’s, Democratic Sen, Claire McCaskill, McCaskill, there’s, Matt Gaetz, ” Trump, Jason Miller, —, Biden, Ohio Republican Sen, J.D, Vance, Walz, aren’t, ” Bonnie Fioramanti, ” Fioramanti, Harris —, Rich Thau, it’s, Kamala Harris, ” Harris, ” Sen, Chris Murphy, Conn, Jason Crow, James Carville, Paul Maslin Organizations: National Association of Black Journalists, Democratic, CNN, Minnesota Gov, Univision, Media, Trump, Fox News, ” MSNBC, “, ” Conservatives, New York Times, Board, White House News Photographers Association, NBC News, The New York Times, NBC, Ohio Republican, ABC News, MSNBC, Fox, ”, Veteran Democratic Locations: Philadelphia, Republic, Ohio, Arizona, Siena, America

☆ Britain labels data centers critical infrastructure to boost cyber defenses
▼ + stars: | 2024-09-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Data centers today are crucial computing infrastructure that power the modern-day internet. Granting data centers critical infrastructure status will enable the government to coordinate better against hackers and unexpected cyber events, Kyle said. Data center operators will effectively be given a direct line to the government to prepare for and respond to data threats, the government said. Data centers are a key part of the modern internet as it exists today. When they go offline, it can cause massive outages for internet users, with sometimes critical services going down.

Persons: Andrew Aitchison, Peter Kyle, Kyle Organizations: Pictures, Corbis, Getty, British Technology, Amazon, U.S, Security Locations: Hertfordshire, England, Europe

☆ Newly released photos capture British commandos and American forces hunting down a narco-sub carrying $209 million of cocaine in the Caribbean
▼ + stars: | 2024-09-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewBritish and American forces recently intercepted a drug-smuggling narco-sub carrying millions of dollars worth of Cocaine in the Caribbean Sea. Military photos show the bust, which was the first time the Royal Navy had ever intercepted a narco-sub. The Trent team has seized over 20,000 pounds of drugs in the past eight months, valued at almost $1 billion. AdvertisementThe Trent team is now the best hunter of smugglers in the Royal Navy this century. Related storiesAfter the Royal Navy and US Coast Guard retrieved the drugs, they brought them aboard for inspection.

Persons: —, HMS, clambered, Tim Langford, HMS Trent's, Simon Doran, Kevin Ray J, Salvador Organizations: Service, American, Royal Navy, Business, US Coast Guard personnel, American Coast Guard, Royal Marine commandos, Trent, Royal, USCG, US Coast Guard, US Marine Corps, Marine Corps, Corps, . Marine Corps Locations: Caribbean, HMS Trent, Dominican Republic

☆ A Walmart exec explains the surprising reason low-income shoppers pay for a delivery membership
▼ + stars: | 2024-09-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Grocery delivery is not just a perk reserved for middle- and upper-income households, Walmart says. One exec said cash-strapped shoppers are "doing the math" and seeing that delivery saves money. Go to newsletter preferences Thanks for signing up! AdvertisementConveniences like same-day delivery, especially for perishables items like groceries, are one of the more luxurious features of modern retail. As it happens, Walmart says such perks are not just reserved for middle- and upper-income households.

Persons: — Organizations: Walmart, Service, Business

☆ Nvidia chips are in such high demand that customers are 'emotional,' Huang said
▼ + stars: | 2024-09-12 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewNvidia CEO Jensen Huang said that a shortage of his company's products is making customers "emotional" and that things are tense. Huang, dubbed the King of AI, said the demand for Nvidia's products is so high because everyone wants to get them first — and they want a lot. He added, "Demand is so great that delivery of our components, our technology, infrastructure, and software is really emotional for people." "We probably have more emotional customers today. In August, Nvidia sparked worries that its next generation of AI chips, Blackwell , would be delayed by two to three months.

Persons: —, Jensen Huang, Huang, Goldman Sachs, Blackwell Organizations: Service, Business, Nvidia, Meta, Microsoft, Google, Blackwell Locations: San Francisco

☆ Trump allies do damage control as Harris rides fresh momentum post debate
▼ + stars: | 2024-09-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Harris’ campaign is also leveraging the endorsement of Taylor Swift, which could open a new seam of interest among the pop megastar’s loyal fanbase. The former president also Wednesday publicly toyed with the idea of a second debate, after the Harris campaign challenged him to another round. There’s a case for the vice president folding her tent given that she might not be able to repeat Tuesday’s performance. He weaved a dismissal of the Swift endorsement for Harris into a wider attack on the vice president on Fox News. The Trump campaign is sure to keep up its drumbeat of complaints that she’s avoiding deeper media scrutiny.

Persons: CNN —, Donald Trump, Kamala Harris, Harris, Trump, Joe Biden’s, Taylor Swift, goad Trump, Philippe Reines, Hillary Clinton, CNN’s Kaitlan Collins, Reines, State Clinton, Joe Biden, Michael Bloomberg, Sen, JD Vance, Michael M, Biden, Mike Bloomberg, Andrew Bates, ” Bates, Robert F, Kennedy Jr, Kennedy, ” Harris “, ” Kennedy, ”, Mike DeWine, he’s, smarting, doesn’t, SSRS, ” Vance, John Murtha Johnstown, Mandel Ngan, CNN’s MJ Lee, CNN’s John King, “ Kamala Harris, Linda Rooney, Nikki Haley Organizations: CNN, Democratic National Convention, Trump, State, New York City, Museum, Republican, New, Fox News, ABC News, Republican Party, Ohio’s Republican Gov, Fox, ABC, “, Boxing, UFC, Fighter, Truth, Air Force, Getty, Harris, Democratic, South Carolina Gov Locations: Philadelphia, “, New York, New York City, Shanksville , Pennsylvania, untruths, Springfield , Ohio, Cambria, Airport, Johnstown , Pennsylvania, AFP, Wilmington , Delaware

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