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Angelina Madut by that time had noticed people in a vehicle nearby – the journalists, including former HLN meteorologist Bob Van Dillen. Van Dillen spotted her. I gave her my shirt,” Van Dillen told his colleagues, according to the video. As far as she’s concerned, a shaken Madut told CNN, Van Dillen saved her life. Later, after her husband arrived, Van Dillen advised him not to drive toward the overtopped creek, to go another way instead.

Persons: Angelina Madut, Madut, Helene, Ernest, “, ”, ” “, ” Ernest Madut, –, Bob Van Dillen, ” Ernest, Angelina, Van Dillen, clasped, ” Angelina Madut Organizations: Atlanta CNN, CNN, Fox Weather, Fox Locations: Atlanta, Buckhead, Peachtree

☆ For Wall Street deal makers, the billion-dollar bangers are back
▼ + stars: | 2024-09-27 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +4 min

Deals valued at $1 billion-plus worldwide are up 22% from a year ago, LSEG data shows. Wall Street executives have been bullish about the burgeoning pipeline for deals. AdvertisementFor Wall Street deal makers, the billion-dollar bangers are back. So what has revived what Wall Street refers to as the "animal spirits," at least when it comes to bigger targets? Other Wall Street bank chieftains, like Ted Pick of Morgan Stanley and Peter Orszag of Lazard, have been bullish about the M&A pipeline.

Persons: —, Mars, David Solomon, Goldman Sachs, Solomon, we've, AlphaSense, Ted Pick, Morgan Stanley, Peter Orszag, Hernan Cristerna Organizations: Verizon, Qualcomm, Wall Street, Service, Paramount Global, CBS, Nickelodeon, Verizon Communications, Frontier Communications, Intel, Wall, Lazard, KPMG, Bloomberg Locations: Ukraine

☆ Asia-Pacific markets mostly gain as China stimulus measures come into effect; Hong Kong set to rise 3%
▼ + stars: | 2024-09-27 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Asia-Pacific markets mostly rose Friday, with Chinese stocks likely set to cap off a week of gains on the back of Beijing's stimulus measures aimed at boosting the economy. The bank added that the weighted average deposit reserve ratio of financial institutions will be about 6.6% after this reduction. Tokyo's headline inflation rate eased to 2.2%, down from August's 2.6%. The core inflation rate — which strips out prices of fresh food — in the capital city came in at 2%, in line with expectations from economists polled by Reuters and down from 2.4% in August.

Organizations: People's Bank of China, Reuters Locations: Victoria Harbour, Hong Kong, China, Asia, Pacific, Tokyo, August's

☆ The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says
▼ + stars: | 2024-09-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The job market is about to see a big shift that could bring faster Fed rate cuts, David Rosenberg said. That will emphasize the need for faster Fed rate cuts, he said in a note to clients. The ratio of the vacancy rate to the unemployment rate has tumbled in recent months. It's the unemployment rate that's moving up (+0.5 percentage points this year alone), while the vacancy rate has stabilized." "As the labor market eases, we'll see more modest changes in the vacancy rate and larger changes in the unemployment rate.

Persons: David Rosenberg, —, Rosenberg, we've, Powell Organizations: Service, Rosenberg Research, Bureau of Labor Statistics, Fed, Atlanta

These are the best credit cards for bad credit in 2024, according to Business Insider's team of credit card experts. Discover it Secured Credit Card ReviewBest for 1.5% Cash Back: Capital One Quicksilver Secured Cash Rewards Credit CardThe Capital One Quicksilver Secured Cash Rewards Credit Card is a secured credit card that earns a straightforward 1.5% cash back on all purchases with no limits. US Bank Altitude Go Secured Credit Card ReviewBest for Everyday Expenses: Bank of America® Customized Cash Rewards Secured Credit CardThe Bank of America® Customized Cash Rewards Secured Credit Card is another good option for maximizing your rewards earnings. Credit Cards for Bad Credit Frequently Asked QuestionsWhat are the main benefits of credit cards for bad credit? Upgrade to an unsecured credit card — Secured credit cards are meant to be a stepping stone to better financial products.

Persons: They're, it's, cardholders, you'll, Cardholders, Cash, you've, You'll, you’ve, it’s, Quicksilver, WebBank, —, Holly Johnson Freelance, Holly Johnson, Johnson, Angela Fung, Read Organizations: Business Insider, U.S . Bank, Bank of America, Card, Bank, Bad Credit, Credit, Business, Quicksilver, . Bank, Cell, Sporting, EV, US Bank, Cash Plus, U.S, Go, The Bank of America, Gas, Drug, of America, Walmart, Visa, Discover, Capital, CreditWise, Rewards, Bank Cash, Go Visa, Cards, U.S . News, Club, Finance Locations: U.S, Capital, Chevron

☆ Harris heads to the US southern border, looking to close a polling gap with Trump
▼ + stars: | 2024-09-27 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +6 min

Advisers to the vice president remain concerned about the gap between the candidates on immigration. Trump alluded to his current polling edge Thursday as he slammed his rival ahead of her visit to the border. Harris plans to use her trip to the US-Mexico border to slam Trump for scuttling the bipartisan border deal and lean into her work as attorney general of California, a border state, a campaign aide said. Adrees Latif/REUTERS/REUTERSAn early strategyThe Harris campaign signaled early on that it planned to counter Trump’s attacks on the vice president and the administration’s handling of border security. Harris previously visited the border as vice president and has cited her work as a border-state senator and state attorney general.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Joe Biden, “, ” Harris, Adrees Latif, “ Kamala Harris, Friday’s, Biden, that’s, ”, CNN’s Kit Maher Organizations: CNN, Republicans, Democratic, Trump, REUTERS, Border Patrol, New York Times, Siena College, Fox, Biden, Congressional Hispanic Caucus Institute Locations: Arizona, Trump, New York, Mexico, California, India, United States, Ruby , Arizona, It’s, Central America, Washington

☆ Israeli politics swirl as Hezbollah conflict ramps up
▼ + stars: | 2024-09-27 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

“It’ll take him months on end to train for the job,” said Gadi Eisenkot, a highly respected former Israeli military chief and member of the opposition. Policy and domestic politics are impossible to separate in any democracy, but especially in Netanyahu’s Israel – and especially now. Remarkably, Netanyahu held a security consultation on Wednesday but did not invite his defense minister, an Israeli official told CNN. Hezbollah says that it’s attacking Israel in solidarity with the Palestinian people in Gaza; Israel wants to get Hezbollah to stop firing even without a Gaza ceasefire and hostage deal. With both the Philadelphi Corridor and Hezbollah, Netanyahu’s critics have questioned why, if they were so critical, he waited months to raise the stakes over those issues.

Persons: Benjamin Netanyahu, Yoav Gallant, Gideon Sa’ar, “ It’ll, ”, Gadi Eisenkot, –, Gallant, Netanyahu, Israel –, Itamar Ben, Gvir, Ben Gvir, Ben Gvir’s, Abir, ” Eyal Hulata, “, ’, ” Gallant, Baz Ratner, it’s, ” Gilad Malach, Netanyahu’s, ” Malach, Damocles, Sa’ar, Bezalel Smotrich, Ammar Awad, Reuters Eisenkot, I’m, Gallant –, Malach, Michael Shemesh, Kan, ” Shemesh Organizations: Israel CNN, CNN, Reuters, Foundation for Defense of Democracies, IDF, Israel Defense Forces, Israel Democracy Institute, National Security, Finance, General Staff Locations: Tel Aviv, Israel, Lebanon, Gaza, United States, Abir Sultan, ” Lebanon, Egypt, Israeli, New York

CNN —US federal prosecutors on Friday unsealed criminal charges against three Iranian government-linked hackers in connection with a hacking operation aimed at Donald Trump’s presidential campaign. Masoud Jalili, Seyyed Ali Aghamiri and Yasar (Yaser) Balaghi are accused of aggravated identity theft and wire fraud for their hacking efforts on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). Separately, the US Treasury Department on Friday imposed sanctions on seven people as part of a sweeping response to Iranian efforts “to influence or interfere” in the 2020 and 2024 US presidential elections. The alleged Iranian hack threw a twist in the presidential campaign in August when multiple news outlets reported receiving emails from a pseudonymous email account peddling documents stolen from the Trump campaign. The hacking operation began in June, when the alleged IRGC-linked hackers targeted longtime Trump ally Roger Stone and used access to his email account to target campaign staff.

Persons: Donald Trump’s, Trump, Masoud Jalili, Seyyed Ali Aghamiri, Balaghi, “, JD Vance —, Hillary Clinton, Kamala Harris ’, Roger Stone, Harris Organizations: CNN, Court, District of Columbia, Islamic Revolutionary Guard Corps, US Treasury Department, Trump, Biden, FBI, The, Department, Washington Post, Fox Locations: Russia, China, Iran, Russian, Ukraine

☆ Hoda Kotb says her 60th birthday prompted her to reevaluate the next phase of her life
▼ + stars: | 2024-09-27 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

Hoda Kotb, longtime anchor of NBC's "Today," said she will be stepping down from the role. In a tearful announcement, she said her 60th birthday had prompted her to reevaluate her next phase of life. AdvertisementAfter 26 years at NBC, Hoda Kotb said she plans to step down as anchor in 2025. During "Today with Hoda & Jenna," Kotb explained to her co-anchor, Jenna Bush Hager, that she had a longing to do something new. AdvertisementKnowing when to switch gears in your careerFor Kotb, turning 60 prompted her to reevaluate her career.

Persons: Hoda Kotb, reevaluate, Haley, Hope, —, Kotb, Jenna, Jenna Bush Hager, Haley Joy, Hope Catherine, She's, Alan Castel, Kathy Feest Organizations: Service, NBC, Rockefeller Plaza, Hoda, NBC News, BI

☆ Friday, September 27, 2024: The Club breaks down the bullish analyst call for this retailer
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: 1 min

Friday, September 27, 2024: The Club breaks down the bullish analyst call for this retailerJeff discusses the earnings numbers for this consumer staple. He also talks about the analyst call for this consumer discretionary stock. Finally, he break down the rough quarter for this financial stock.

Persons: Jeff

☆ UNGA: Inside one of the biggest security operations in America: Protecting thousands of visiting world leaders
▼ + stars: | 2024-09-27 | by ( Richard Roth | ) edition.cnn.com time to read: +3 min

United Nations headquarters CNN —It’s one of the biggest security operations in America: Protecting thousands of world leaders and their entourages at the annual high level United Nations General Assembly meeting in New York. High shots from cameras looking at nearby corners outside the UN are always on. The UN security officials said its impossible to monitor all 1400 cameras at the same time but there are personnel checking out the scene. New York police and diplomatic security are tasked with rushing long and short motorcades from hotels across Manhattan to the UN and back. UN security officials say their priority is providing a secure environment.

Persons: CNN —, It’s, They’ve, Linda Thomas, Greenfield, ” Organizations: Nations, CNN, United Nations, Assembly, UN, New York Police Department, Secret Service, New York, New York Stock Exchange, New Locations: America, New York, Manhattan

☆ 32-year-old gave up on buying a home in LA after mortgage costs surged: 'Even a modest condo costs close to $1 million'
▼ + stars: | 2024-09-27 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

When Jonathan Ochart moved from San Antonio to Los Angeles in 2023 to grow his public relations business, he figured he'd buy a condo. But that's only one of the reasons he's priced out of the Los Angeles County market, even for a smaller place. In LA, "even a modest condo costs close to $1 million," he says. Jonathan Ochart gave up on buying a condo in Los Angeles. Courtesy of Jonathan OchartBy early 2024, Ochart had given up on the idea of buying a condo in Los Angeles altogether.

Persons: Jonathan Ochart, Ochart, you've Organizations: CNBC, U.S . Census Locations: San Antonio, Los Angeles, Texas, Angeles County, Ochart's, Beverly Hills, LA, San Jose , New York, Boston, LA County, U.S

☆ The 11 best movies and shows to stream this weekend, from the 'Inside Out' sequel to a new season of 'The Great British Baking Show'
▼ + stars: | 2024-09-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

"Inside Out 2," "Oddity," and "Will & Harper" are three movies you can stream now. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHere's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Harper, —, Will Ferrell's, Brad Pitt, George Clooney, Ryan Murphy's Organizations: Service, Disney

A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia. The U.S. currently maintains the largest nuclear fleet in the world with 94 operational reactors totaling about 100 gigawatts of power. The U.S. needs to add 200 gigawatts of nuclear, Goff told CNBC in an interview. "A lot of the data centers are coming in and saying they do need firm, 24/7, baseload clean electricity," Goff said. But restarting reactors in the U.S. will only provide a small fraction of the nuclear power that is needed, he said.

Persons: Mike Goff, Goff, Goldman Sachs Organizations: American Electric Power, of Nuclear Energy, Department of Energy, U.S, CNBC, Bank of America, Constellation Energy, Microsoft Locations: Winfield , West Virginia, U.S, New York City

☆ Oil prices fall as expectations of higher supplies hammer market sentiment
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +2 min

Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. "The big-ticket items on the markets radar this week have been Libya and OPEC+," analysts at FGE Energy told clients on Thursday. A media report on Wednesday claimed the previously announced reversal is due to Saudi Arabia's decision to abandon a $100 oil price target and gain market share, causing oil prices to slide by 3% in the previous session. Still, the report has set off renewed speculation about a battle for market share at a time that investor sentiment was already at record lows, FGE noted.

Persons: Brent, Daniel Hynes, FGE Organizations: OPEC, Brent, U.S, West Texas, FGE Energy, Central Bank of, ANZ Bank, Organization of Petroleum, Reuters, ICE Brent Locations: Libya, OPEC, Central Bank of Libya, Saudi, Saudi Arabia

☆ As ports strike nears, union warns that companies like Walmart, Ikea and Home Depot will be left with few to no import options
▼ + stars: | 2024-09-27 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

These companies are among the leading importers at the 14 major ports that an ILA strike would impact, according to ImportGenius. Out of the 85,000 members, 50,000 would go on strike at the 14 ports that are subject to a master contract that has not been negotiated. Separately, the Port of Montreal union affiliated with the Canadian Union of Public Employees issued a 72-hour notice that its own three-day strike starts on Monday, Sept. 30. Robinson, tells CNBC this strike could exacerbate the U.S. port strike disruption. "We'll shut them down," Daggett said in a recent video message to union members.

Persons: ImportGenius, Peter Sand, James McNamara, Mia Ginter, Robinson, Ginter, Harold Daggett, Daggett, William George, Biden, Taft, Hartley, USMX, McNamara, Maersk Organizations: International Longshoremen's Association, LG Electronics, Walmart, Ikea, Samsung, ILA, Cruise, Brothers, Port, Canadian Union of Public Employees, CNBC, U.S, Home Depot, Hyundai, General Motors, Dollar, . Tire, Michelin, Goodyear, Continental Tire, Glovis, Samsung Electronics, IKEA, US Maritime Alliance, NLRB, Reuters, Biden, Georgia Ports Authority, U.S ., Gulf, Mitre Locations: East Coast, Gulf Coast, Canada, West Coast, West, Coast, Great Lakes, Montreal, C.H, Port of Montreal, of Los Angeles, Lading, New York, New Jersey, Baltimore, Savannah, Houston , North Carolina, South Carolina, Virginia, New Orleans, Glovis America, In Savannah, Georgia, South, America, Newark, Maine, Texas, Boston , New York, Philadelphia, Wilmington, Norfolk, Charleston, Jacksonville, Tampa , Miami , New Orleans, Mobile, Houston, Gulf, NY, NJ, U.S . East Coast, Port of New York

☆ What the Eric Adams indictment means for New York City's leadership and future
▼ + stars: | 2024-09-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, the walls are closing in on New York City Mayor Eric Adams after a federal indictment . New York City Mayor Eric Adams was indicted on five criminal counts in a corruption probe accusing him of bribery and receiving illegal campaign contributions from foreign nationals. In one case, according to the indictment, that meant a Turkish Airlines manager offering to charge Adams $50 for two business-class seats worth $15,000 . AdvertisementMessages obtained by prosecutors also show Adams promising his staffer he "always" deleted texts following a discussion of alleged Turkish bribes.

Persons: —, Eric Adams, Eric Adams Seth Wenig, Alyssa Powell, Adams, Damian Williams, Gary Hershorn, He's, Alex Spiro, Elon Musk's, Kathy Hochul, Jumaane Williams, Ali Jarekji, it's, David Tepper, Sam Altman's, Getty, Olivier Verriest, Andrei Akushevich, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Nathan Rennolds, Amanda Yen, Milan Sehmbi Organizations: Business, Service, New York City, New, Democrat, Brooklyn Borough, Southern, of, Turkish Airlines, FDNY, Reuters, Financial Times, YouTube, Snapchat, Publishers, York Film Locations: New, States, New York, Manhattan, of New York, Turkish, Ali, Saudi Arabia, China, London

☆ Why analysts are calling Cava the next Chipotle
▼ + stars: | 2024-09-27 | by ( Natalie Rice | ) www.cnbc.com time to read: +2 min

Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill . In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Cava Group co-founder and CEO Brett Schulman has said its prices increased 15% between 2019 and 2024. "You hear a lot about the value wars lately.

Persons: Nick Setyan, Brett Schulman, Schulman, That's, Cava, Chipotle Organizations: Wall Street, Wedbush Securities, Cava Group Locations: Cava, Chipotle

☆ I'm a multimillionaire, but I'm not leaving my kids any cash inheritance. I think it would be a mistake to make them wealthy.
▼ + stars: | 2024-09-27 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Instead, he plans to pay for college, a car, a down payment, and make business loans. Here's what I'm doing instead, and how I talk with them about money and wealth. Courtesy of George ApplingI believe it's bad to make your kids wealthyI don't want to leave my children money because I believe it's bad to make your children wealthy. If the kids need $20 to go to the trampoline park with friends, I'll usually pay. I let the kids make mistakes with moneyAll my kids work during the summer, and saved about $1,000 each last year.

Persons: George Appling, —, Brian, I'm, it's, Rockefeller, they'd Organizations: Service, Harvard Business School, Nissan Pathfinder, Starbucks Locations: Sherwood

☆ This old-line industrial stock is making a classic bearish-to-bullish reversal, says Carter Worth
▼ + stars: | 2024-09-27 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +2 min

Old-line hand tools manufacturer Stanley Black & Decker (SWK) , founded in 1843, is a fallen champion that's judged to be making a comeback. Its chart pattern qualifies as a "bearish-to-bullish" reversal buy. The chart pattern at present is judged to be a "bearish-to-bullish" reversal buy, with the completion of the bottoming-out process implying a move to the $130+/- level. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Stanley Black, Decker, that's, SWK, Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL

☆ CNBC Daily Open: A high of all-time highs
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. All-time high, againMajor U.S. indexes rose on Thursday, with the S&P 500 notching a fresh closing high. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip. But 55% of respondents think Trump will be better for the economy and on inflation.

Persons: Europe's, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Harris, Kamala Harris, Donald Trump, Trump Organizations: CNBC, Major, Micron, Swiss National Bank, Treasury, U.S . Federal Reserve, Altman, U.S Locations: Major U.S, China

☆ Elon Musk's X will be allowed back online in Brazil after paying one more fine
▼ + stars: | 2024-09-27 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

The Federal Supreme Court (STF) in Brazil suspends Elon Musk's social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being investigated by the Brazilian justice system. X has to pay one last fine before the social network owned by Elon Musk is allowed back online in Brazil, according to a decision out Friday from the country's top justice, Alexandre de Moraes. Earlier this month, X filed paperwork informing Brazil's supreme court that it is now in compliance with orders, which it previously defied. X's legal representative in Brazil, Rachel de Oliveira, is also required to pay a fine of 300,000 reals. Earlier this month, the STF froze the business assets of Musk companies, including both X and satellite internet business Starlink, operating in Brazil.

Persons: Alexandre de Moraes, Elon Musk, Brazil's, Rachel de Oliveira, de Moraes, Musk, X, STF Organizations: Federal Supreme Court, Elon, Globo, Tribunal Federal, SpaceX Locations: Brazil, Brazilian

☆ I left Goldman Sachs to plan weddings for the ultra-rich. I do 4 key things to keep my clients — and their families — happy.
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +6 min

Lelian Chew is the founder of The Atelier & Co, a Singapore-based luxury wedding planning company. I spent a decade at Goldman Sachs, working in Singapore and Hong Kong managing key relationships by flying to a different Chinese city each day. English wasn't his first language, so he misunderstood and thought I was starting a wedding planning business. He immediately asked me to help plan his son's wedding, insisting I take a look since I knew the family well. Many of our elder clients want to see their grandchildren uphold customs they cherish, like family crests and cultural elements.

Persons: Chew, Chew doesn't, —, Lelian Chew, Goldman Sachs, I, Lelian, it's Organizations: Service Locations: Singapore, Hong Kong, Indonesia, Maldives

☆ Is Mark Zuckerberg still obsessed with efficiency? Check Meta's WiFi password.
▼ + stars: | 2024-09-27 | by ( Alistair Barr | ) www.businessinsider.com time to read: +2 min

The social-media giant held its big Meta Connect conference in Silicon Valley this week. Mark Zuckerberg is spending heavily on AI and AR technology. That effort continued into 2024 as the Meta CEO whittled down VP ranks and took more cost-cutting steps. Tech reporter Pranav Dixit attended and noticed that the WiFi password for the event was "effici3ncy." A post on Threads Pranav Dixit/ThreadsDixit posted about this on Threads and Zuckerberg liked the post.

Persons: Mark Zuckerberg, —, Mark Zuckerberg's, bender, Zuckerberg, Pranav Dixit, Dixit, Mark Zuckerberg Pranav Dixit, Meta, didn't Organizations: Meta, Service, OpenAI, Microsoft, Google, Meta Connect, Silicon Valley . Tech Locations: Silicon, Silicon Valley

☆ Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
▼ + stars: | 2024-09-27 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The OPEC+ alliance is once more cracking down on group compliance with oil output cuts, as it presses ahead with a three-pronged plan of formal and voluntary production trims. Eight OPEC+ members, including kingpin Saudi Arabia, were due to begin returning 2.2 million barrels per day of voluntary cuts to the market starting in October. Earlier this month, they postponed this phaseout to start in December instead. OPEC+ nations are operating two other production declines: under official policy, they will produce a combined 39.725 million bpd next year. The same aforementioned eight members are separately curbing their output by another 1.7 million bpd throughout 2025, also on a voluntary basis.

Persons: Undercompliance Organizations: CNBC Locations: OPEC, Iraq, Kazakhstan, Russia, Saudi Arabia, China

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