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☆ What Tesla’s EV charging win really means for drivers
▼ + stars: | 2023-06-15 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +8 min

A Tesla charging station stands in a parking lot on January 17, 2023 in Springfield, Virginia. But other EV charging companies have, so far, faced a far greater reliability challenge than Tesla’s. It’s an integrated system and has been from the very beginning,” said Jim Burness, chief executive of National Car Charging, a wholesaler of equipment to the EV charging industry. In both cases, drivers will be able to access Tesla chargers without having to use Tesla apps. That could lead to more lines at Tesla chargers, irritating Tesla owners.

Persons: Tesla, Anna Moneymaker, Stephanie Brinley, Jon McNeill, ”, “ Tesla, Jim Burness, Justin Sullivan, Alan Wexler, “, ” Wexler, Dan Barbossa, CNN’s, Mark J, Terrill, they’re, you’re, Brendan Jones, Blink, Burness, “ That’s, Stephen Beck, Gary Silberg Organizations: CNN, P Global Mobility, Ford, General Motors, EV, GM, Nissan, Tesla, DVx Ventures, CNN Business, Detroit, CCS, KPMG Locations: United States, Springfield , Virginia, America, San Francisco , California, Westlake, Calif

An internal Union Investment document seen by Reuters shows that the firm received just 30 responses to its outreach. Although consumer goods manufacturers are particularly exposed, other sectors that import goods associated with deforestation, including commodities houses and industrials companies, will also face scrutiny. Consumer goods makers are counting on technology such as satellites and artificial intelligence to help eradicate deforestation from their supply chains. Several large consumer goods companies say they are close to meeting their ambitious zero-deforestation goals. "The EU rules make deforestation a financial risk as well as an environmental risk."

Persons: Ueslei Marcelino, Henrik Pontzen, Pontzen, Janus Henderson, Jonathan Toub, haven't, Snorre Gjerde, Christophe Hansen, Magdi Batato, Kit Kat, Nestlé, David Croft, Reckitt's, Arild Skedsmo, Richa Naidu, Kate Abnett, Matt Scuffham, David Evans Organizations: REUTERS, Reuters, EU, Germany's, Investment, Unilever, ESG, Union Investment, Nestle, Pepsico, Danone, L'Oreal, KLP, Aviva, Fidelity International, Reckitt, UN Food and Agriculture Organization, Consumer, Thomson Locations: Uruara, Para State, Brazil, NBIM, Nescafe, London, Brussels

Some 75 of the world's largest 112 fossil fuel companies have now committed to reaching net-zero - the point at which greenhouse gas emissions are negated by deep cuts in output elsewhere and methods to absorb atmospheric carbon dioxide. But most targets do not fully cover or lack transparency on Scope 3 emissions — which include the use of a company's products, the biggest source of emissions for fossil fuel companies — or don't include short-term reduction plans, the report added. The report also found that none of the fossil fuel companies were making the needed commitments to move away from fossil fuel extraction or production. As it stands, some 4,000 countries, states, regions, cities and companies globally have now committed to net-zero. A study published last week in the journal Science found that about 90% of countries' net-zero targets were unlikely to be achieved.

Persons: Thomas Hale, Daisy Streatfield, Gloria Dickie, Simon Jessop, Jan Harvey Organizations: Climate Intelligence Unit, University of Oxford, Science, Thomson Locations: Britain, London

☆ No Tim Cook, the Apple Vision Pro headset does not cost '$34.99'
▼ + stars: | 2023-06-06 | by ( Alistair Barr | ) www.businessinsider.com time to read: +1 min

Still, the cost of the new Vision Pro headset is taking people's breathe away. Tim Cook was asked about the hefty price tag during an interview on Good Morning America. On Good Morning America, Apple CEO Tim Cook was asked how much the new Vision Pro headset costs. The high price of the Vision Pro even took the edge off of Apple's product launch, which is usually a fanboy lovefest. During the GMA interview, Roberts asked Cook whether the device is something that the average person will be able to afford.

Persons: Tim Cook, couldn't, Robin Roberts, Roberts, Cook, You've Organizations: Morning, Apple, GMA Locations: Morning America

☆ Nasdaq hits 13-month high as investors look ahead to OPEC+ meeting and Apple headset event
▼ + stars: | 2023-06-03 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

It was a strong week for all three major stock indices, with the market bolstered Friday by strong jobs data and a deal in Washington to raise the U.S. debt ceiling. The S & P 500, the Nasdaq and the Dow Jones Industrial Average all finished the week roughly 2% higher. While Friday's rally broadened out beyond just the usual tech stocks, the Nasdaq ended Friday at its highest level since April 2022. This is the key data to look out for in the week ahead: Monday, June 5 9:15 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: payrolls, Biden, Investors, we've, Joann, JOAN, Ferguson, JM Smucker, Buster's, Campbell Soup, OLLI, Friday's, Jim Cramer's, Jim Cramer, Jim, Anna Moneymaker Organizations: U.S . Labor Department, Nasdaq, Dow Jones Industrial, Organization of Petroleum, Monday Club, Apple, PMI, THOR Industries, ABM Industries, Academy Sports, Ciena Corp, Foods, GameStop, Signet Jewelers, SIG, Company, Brands, Vail Resorts, MTN, Labor, Federal Reserve, U.S, West Texas, Treasury, Jim Cramer's Charitable, CNBC, Capitol, Getty Locations: Washington, OPEC, Vienna, China, U.S, Washington , DC

☆ Turkish lira hits record low, stocks gain after Erdogan secures re-election
▼ + stars: | 2023-05-29 | by ( Canan Sevgili Libgeorge | Canan Sevgili | ) www.reuters.com time to read: +3 min

[1/2] A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationLONDON, May 29 (Reuters) - Turkey's lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday's presidential election, extending his increasingly authoritarian rule into a third decade. The lira weakened to 20.077 to the dollar, breaking through the previous record low touched on Friday. The share of foreign asset managers holding Turkish stocks has dwindled in recent years and the market is chiefly driven by local investors. The nation's dollar bonds slipped to their lowest in at least six months last week, while CDS rose to a seven-month high.

Looking ahead, investors this week will be laser-focused on Washington, as Congress prepares to vote on a bill to raise the U.S. debt ceiling . But the shortened trading week ahead still features some key earnings and economic data. ET: S & P/Case Shiller home price index (March) 10 a.m. ET: Employment report: Non-farm payrolls and jobless rate (May) Looking back Last week, three Club holdings reported earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Turkey stocks rally, lira slips to record low after Erdogan victory
▼ + stars: | 2023-05-29 | by ( ) www.reuters.com time to read: +7 min

The nation is grappling with a cost of living crisis, a plunging currency and depleted foreign reserves. MARKET REACTION:LIRA: The Turkish currency touched a fresh record low of 20.105 on Monday. "In a scenario where Turkey ran out of foreign currency, lira’s value would likely collapse, inflation would explode and goods shortages could occur. A painful crisis affecting all assets is on the way, with very high inflation, very low interest rates and no net foreign reserves. Only the most optimistic would hope that Erdogan now feels sufficiently secure politically to revert to orthodox economic policy."

PREVIEWBirol pointed to a “powerful alignment of major factors,” driving clean-energy spending higher, while spending on oil and other fossil fuels remains subdued. The Covid-19 pandemic appears to have marked a turning point for global energy spending, the IEA’s data shows. While clean-energy spending has boomed, spending on fossil fuels has been tepid. Investments in clean energy and fossil fuels were largely neck-and-neck in the years leading up to the pandemic, but have diverged sharply since. “If there is not enough investment globally to reduce the oil demand growth and there is no investment at the same time [in] upstream oil we may see further volatility in global oil prices,” Birol said.

☆ LSEG, Experian shares weigh on UK's FTSE 100
▼ + stars: | 2023-05-17 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

The financial services sector (.FTUB3020) slid 1.1% while the broader FTSE 100 (.FTSE) shed 0.1%. Shares of Experian Plc (EXPN.L) slipped after the credit data firm forecast annual organic revenue to grow between 4% and 6%, while analysts were expecting a 5.8% growth. "In early trade, the market looks to be taking a cautious approach (with Experian's shares)," said Steve Clayton, head of equity funds, Hargreaves Lansdown. Among other movers, Watches of Switzerland Group Plc (WOSG.L) slumped 7.4% on a marginal sales decline in the first quarter. Bucking the sombre mood, Sage Group Plc (SGE.L) rose 3.6% after upgrading its annual organic recurring revenue growth forecast.

☆ Gun-loving Texas, where most households own a firearm, has become an epicenter of mass shootings
▼ + stars: | 2023-05-17 | by ( Emma Tucker | ) edition.cnn.com time to read: +23 min

CNN and the GVA define a mass shooting as a shooting that injures or kills four or more people, not including the shooter. They argue that more firearms and higher gun ownership increases public safety – a stance that continues to be at odds with gun violence experts and data. The area around the Robb Elementary School signs has become a memorial dedicated to the victims of the May 24 mass shooting. Mass shootings are just a piece of that, and the strategies that we’re laying out will impact mass shootings. They’ll also impact a lot of other types of gun violence and that’s absolutely critical to saving lives,” Horwitz said.

☆ Ecuador president dissolves legislature, bringing elections forward
▼ + stars: | 2023-05-17 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

[1/3] Ecuadorean President Guillermo Lasso testifies at the National Assembly, as part of the impeachment process against him for alleged corruption, in Quito, Ecuador May 16, 2023. REUTERS/Karen ToroQUITO, May 17 (Reuters) - Ecuador's President Guillermo Lasso dissolved the National Assembly in a decree on Wednesday, bringing forward legislative and presidential elections, a day after he presented his defense in an impeachment process against him. Ninety-two votes form the 137-member legislature would have been needed to remove Lasso from office. Those voted into power in the early elections would only serve until the regularly-scheduled 2025 elections take place. The impeachment process was the first against a Ecuadorean president in decades.

☆ Ecuador assembly begins impeachment hearing against President Lasso
▼ + stars: | 2023-05-16 | by ( Alexandra Valencia | ) www.reuters.com time to read: +3 min

QUITO, May 16 (Reuters) - Ecuador's National Assembly on Tuesday began an impeachment hearing against President Guillermo Lasso, who could be removed from his post, though the process increases the likelihood he will dissolve the legislature to avoid a final vote. The opposition, including members of the party of ex-President Rafael Correa - himself accused of corruption - has been invigorated following the re-election of Virgilio Saquicela as president of the National Assembly on Sunday. "The Ecuadorean people want Guillermo Lasso (...) to go home," said opposition lawmaker Viviana Veloz while presenting a motion to vote on the censure and dismissal of the president. CONAIE, Ecuador's largest indigenous organization, backed the measure to remove Lasso in a statement, saying that "with Guillermo Lasso Ecuador doesn't have a future, only fear and uncertainty." The assembly voted to continue with the impeachment process last Tuesday with 88 votes in favor out of 116 legislators present.

Biden told reporters on Sunday that he thought both sides wanted to reach a deal. Staff from the two camps met through the weekend for talks that White House officials described as constructive. Republicans say there is plenty of time. Biden has insisted that Congress must increase the country's borrowing capacity without conditions, but the White House says it is also willing to discuss budget matters with Republicans who control the House of Representatives. The longer the two sides take to reach a deal, the smaller it is likely to be, he said.

☆ Ecuador lawmakers re-elect National Assembly president
▼ + stars: | 2023-05-14 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

QUITO, May 14 (Reuters) - Independent lawmaker Virgilio Saquicela was re-elected president of Ecuador's National Assembly on Sunday, supported by politicians who want an impeachment process against President Guillermo Lasso to advance to a vote for his possible removal. Saquicela, who took over as president of the National Assembly in May last year, has become a principal figure in the process against Lasso, who is accused of embezzlement in an oil transportation contract. The assembly voted to continue with the impeachment process on Tuesday in a session convened by Saquicela with 88 votes in favor out of 116 legislators present. A majority of 96 lawmakers of the 136 present voted to re-elect Saquicela. He was supported by allies of former President Rafael Correa, who is convicted of corruption, as well as other opposition and independent parties.

Adrienne Hurst and Dan Farrell andListen and follow The DailyApple Podcasts | Spotify | StitcherLakishia Fell-Davis is aware that at this point, in 2023, most people are treating the coronavirus pandemic as a thing of the past. For her, though, Covid still poses a real threat: Fell-Davis has Type I diabetes, putting her at higher risk of hospitalization and long-term complications from illness. She felt much more comfortable when schools in the Los Angeles Unified School District were online during the first year and a half of the pandemic and her kids, Makayla and Kevin, were attending virtually. Sure, they missed their friends, but they were shy and soft-spoken children who had never really strayed far from home. Fell-Davis cried when she learned that in the fall of 2021, the school district would require students and teachers to return to in-person learning.

☆ Ecuador committee fails to pass report saying no cause for Lasso impeachment
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +1 min

The report, which says there is no cause for Lasso's trial or removal, was shot down by five of the committee's nine members. Despite the outcome of the committee vote, the report will now pass to the plenary of the 137-member assembly, which will decide whether to possibly remove Lasso. Other opposition parties are divided on whether to back Lasso's removal, while his allies have said they have enough votes to block the motion. Lasso's lawyer has said the opposition failed to establish what alleged loss of funds took place in relation to the contract. Under Ecuador's constitution, Lasso could call early presidential and legislative elections rather than face a removal vote.

☆ Ecuador committee report does not recommend Lasso removal, lawmaker says
▼ + stars: | 2023-05-05 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

QUITO, May 5 (Reuters) - The oversight committee of Ecuador's National Assembly will debate a draft report that concludes President Guillermo Lasso did not participate in embezzlement and recommends against his impeachment, a lawmaker said on Friday. Oversight committee president Fernando Villavicencio said the draft report is based on an analysis of all the evidence presented in hearings by the committee. "We have prepared and concluded the report which recommends that there is not cause to try or remove President Guillermo Lasso," Villavicencio told TV station Teleamazonas. Regardless of the committee's decision, the report will then pass to the plenary of the 137-member assembly, which will decide whether to hold hearings and possibly remove Lasso. Under Ecuador's constitution, Lasso could call early presidential and legislative elections rather than face a removal vote.

☆ 6 fun ways for ChatGPT beginners to start learning the AI-technology skills companies are looking for
▼ + stars: | 2023-05-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +2 min

Companies are already seeking out workers with ChatGPT experience. Here's a list of six prompts ChatGPT beginners can use to familiarize themselves with the AI tech. In the working world, ChatGPT has helped users apply for jobs and be more productive once they land them. While some companies have resisted AI like ChatGPT, many, including Snapchat, Slack, and Duolingo, have incorporated ChatGPT-powered tools into their businesses. Once you're ready to play around with it, here are six fun prompts ChatGPT beginners can use to familiarize themselves with the technology.

☆ Daria Kasatkina: Russian says it 'makes a lot of sense' for Ukrainian tennis players to receive support
▼ + stars: | 2023-05-01 | by ( Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —Daria Kasatkina, Russia’s top-ranked female tennis player, has praised the decision of the Lawn Tennis Association (LTA) and Wimbledon to support Ukrainian tennis players during the grass-court tennis season. A number of Ukrainian players have refused to shake the hands of Russian opponents on the tours since the war began and Kasatkina says she understands their decision. “So of course, players from Ukraine have got a lot of reasons to not shake our hands. Lesia Tsurenko didn't shake Daria Kasatkina's hand aftter their match. Tennis – Wimbledon last year aside – didn’t follow suit, instead allowing players from Russia and Belarus compete as neutral athletes and Kasatkina said she feels fortunate to still be able to play tennis.

☆ I've stayed in 13 countries for free by house sitting. Here are 3 tips for starting your own house-sitting journey.
▼ + stars: | 2023-04-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

In 2017, Marius Schmidt sold all his stuff and left Münster, Germany, to travel the world full time. Schmidt used to stay in Airbnbs, but discovered house sitting in 2020 and now his stays are free. When COVID began to relax in Europe, I thought maybe I'll try house sitting out and see if I can actually do it myself. I've heard from a few other house sitters that sometimes it is really messy or not a very nice house. There's a lot of communication and I also try to leave the house better than it was before.

☆ Russian oil sanctions appear to be working - crude still flows even as Moscow's pulling in less money. But there's more to it than that.
▼ + stars: | 2023-04-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

I spent much of yesterday parsing through pages of data on where Russian oil is heading and how much buyers are paying for barrels. Today we're unpacking two less obvious observations about Russian oil. That said, researchers pointed out that most of the Western companies still facilitating Russian oil shipments don't actually abide by the $60-a-barrel price cap that the EU and G-7 imposed. Ships carrying Russian oil, according to Argus, indeed make a premium for doing what they do, but that premium has shrunk over the last month. In effect, the "sanctions premium" isn't what it was a month ago.

☆ I left teaching and now make $450,000 in revenue a year covering up scars and stretch marks with tattoos. Here's how I built my lucrative business from scratch.
▼ + stars: | 2023-04-26 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +7 min

This as-told-to essay is based on a conversation with Laura Lara, a paramedical tattoo artist, who lives in El Paso, Texas. In 2022, I made $457,000 in revenue working full-time for myself in the paramedical tattoo industry. There's also pigment camouflage, which is done when the stretch marks are flat, white, and over a year old. Some people think paramedical tattooing is just for women, but stretch marks don't discriminate. Paramedical tattooists are changing people's lives and that's the best part of itThe paramedical tattoo industry is growing and evolving.

☆ Our family is living on a four-bedroom boat while cruising the eastern seaboard for a year. It's not like the 'fabulous lifestyles of the rich and famous' that might come to mind.
▼ + stars: | 2023-04-16 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Cinda: We're doing what's called the Great American Loop, which is a way to circumnavigate around the eastern seaboard of the US and Canada. A 6,000-mile journey around the eastern seaboardCinda: We started in Stuart, Florida, which is just north of the Palm Beach area. When you think of living on a boat, most people think fabulous lifestyles of the rich and famous. Mark: Some people go all in and sell everything and buy the boat, and the boat is their home residence. We bought our boat specifically to do the loop and we'll sell it when we're done with the loop.

☆ Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead
▼ + stars: | 2023-04-10 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

"A more prolonged period without market access would be of more concern for the lower-rated tiers of the emerging markets sovereign universe," said James Wilson, EM sovereign strategist for ING. Tapping international debt markets hasn't been a problem across the board for emerging economies. The JPMorgan's emerging markets bond index (EMBI) for high yield debt is at 900 basis points over U.S. Treasuries, and has largely remained over 800 bps since the beginning of last year. The Russia conflict and then the Fed hiking cycle led to higher spreads for a much longer period," said Gregory Smith, emerging markets fund manager at London-based M&G Investment. A weaker U.S. dollar should help countries to tap international markets in the medium term, but recent data fueled jitters that restrictive central bank policies could push the global economy into recession.

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