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☆ I Got My Name From Connie Chung. So Did They. - The New York Times
  + stars: | 2023-05-11 | by ( Connie Wang | ) www.nytimes.com   time to read: +21 min
In my freshman class alone, there was a Connie Zheng, a Connie Guo, a Connie Xu, a few Connie Chengs, and multiple Connie Wangs. That ayi was Constance Yu-Hwa Chung, or, as the world knows her, Connie Chung. Connie Chung hosting the “CBS Evening News” in 1991, the year after the author named herself Connie. Connie Wang Connie Koh Connie Yang Connie Tang Connie Jang Connie Chung Connie Moy Connie Huang Connie Kwok Connie Chang Connie Sun Connie Chung, center, surrounded by 10 members of Generation Connie. Clockwise from top right, Connie Yang, Connie Tang, Connie Moy, Connie Sun, Connie Chang, Connie Kwok, Connie Huang, Connie Jang, Connie Wang and Connie Koh.
☆ Binance lifts block on bitcoin withdrawals amid heavy volumes
  + stars: | 2023-05-08 | by ( ) www.cnbc.com   time to read: +1 min
Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. "Our set fees did not anticipate the recent surge in (bitcoin) network gas fees," Binance said in a tweet. "We're replacing the pending bictoin withdrawal transactions with a higher fee so that they get picked up by mining pools." "We need more information as to what has led to the large withdrawals." After an hour-long stoppage late on Sunday and several hours on Monday, Binance said withdrawals resumed.
☆ How NBA star Damian Lillard turned a common foot injury into a sneaker business
  + stars: | 2023-05-07 | by ( Ian Thomas | ) www.cnbc.com   time to read: +4 min
Damian Lillard of the Portland Trail Blazers dribbles against the New York Knicks at Moda Center on March 14, 2023 in Portland, Oregon. That was just one of the multiple foot injuries and issues like plantar fasciitis that Lillard, now an NBA All-Star point guard for the Portland Trailblazers, has dealt with over his playing career. Exacerbating issues related to his flat feet, Lillard said the injuries stemmed from the lack of support he was getting from the standard insoles found in basketball sneakers. A high percentage of sneaker wearers also just use the standard insole that comes with their shoes. "The product has to speak for itself and the people that are putting the insoles inside their shoes," he said.
☆ The Week That Was: May 5, 2023
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: May 5, 2023CNBC's Dominic Chu looks back at the week's biggest headlines in financial news.
☆ The Week Ahead: May 5, 2023
  + stars: | 2023-05-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: May 5, 2023CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Malaysia to end 5G monopoly, allow second network from next year
  + stars: | 2023-05-03 | by ( Mei Mei Chu Rozanna Latiff | Mei Mei Chu | Rozanna Latiff | ) www.reuters.com   time to read: +3 min
Malaysia has now decided to allow a second entity after DNB's coverage reaches 80% of populated areas, Communications Minister Fahmi Fadzil said in a statement. The government's announcement confirmed a report by Reuters last month on a plan to introduce a second 5G network from January 2024. A recommendation by major carriers for a second 5G provider was rejected by the previous government in March last year. It has said a single network would reduce costs, improve efficiency and accelerate the building of infrastructure. It was not clear how the proposal for a second 5G network would affect DNB's existing agreements with its development partner, Swedish telecoms giant Ericsson (ERICb.ST), and other mobile operators.
☆ Bidens host glamorous state dinner to cap off visit from South Korean president
  + stars: | 2023-04-27 | by ( Betsy Klein Sam Fossum | Betsy Klein | Sam Fossum | ) edition.cnn.com   time to read: +5 min
CNN —President Joe Biden and first lady Jill Biden capped South Korean President Yoon Suk Yeol’s official state visit with a glamorous state dinner at the White House Wednesday night to celebrate the two nations’ 70-year alliance. May we do it together for another 170 years.”But Biden wasn’t the only leader who took the mic. Following a round of musical performances, his South Korean counterpart joined him on stage to give his own – a karaoke rendition of Don McClean’s “American Pie” – which received a standing ovation from the crowd. The elaborate dinner is the result of weeks of careful diplomatic preparations, with each detail meticulously planned by a team of White House chefs, social staff, and protocol experts. U.S. President Joe Biden and first lady Jill Biden pose with South Korea's President Yoon Suk Yeol and first lady Kim Keon Hee in front of the Grand Staircase of the White House before an official State Dinner, in Washington, U.S. April 26, 2023.
☆ GM Raises 2023 Profit Outlook, Kills Off Chevy Bolt EV
  + stars: | 2023-04-25 | by ( Mike Colias | ) www.wsj.com   time to read: 1 min
Photo illustration: Josephine ChuGeneral Motors Co. raised its full-year profit outlook, citing consumers’ willingness to spend big on high-end models, even as the company tightens its own belt. The Detroit auto maker also said Tuesday it would drop the Chevrolet Bolt from its lineup, killing off its first mainstream electric vehicle as it moves to newer battery technology.
☆ The Week That Was: April 21, 2023
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: April 21, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ The Week Ahead: April 21, 2023
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: April 21, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Tesla Cuts Prices Again Ahead of Earnings
  + stars: | 2023-04-19 | by ( Rebecca Elliott | ) www.wsj.com   time to read: 1 min
Photo illustration: Josephine ChuWall Street has one key question ahead of Tesla Inc.’s first-quarter earnings: How much have recent price cuts hurt the company’s bottom line? Elon Musk’s electric-vehicle maker has lowered prices for models in the U.S. by between 14% and 25% this year as it contends with weaker demand, higher interest rates and burgeoning competition. The latest round of reductions came overnight.
☆ Tesla Earnings Dented by Price Cuts
  + stars: | 2023-04-19 | by ( Rebecca Elliott | ) www.wsj.com   time to read: 1 min
Photo illustration: Josephine ChuTesla Inc. felt the pain of a recent wave of price cuts, as a reduction in the average price of its cars contributed to a 24% decline in first-quarter profit. Elon Musk’s electric-vehicle maker has lowered prices for models in the U.S. by between 14% and 25% this year as it contends with weaker demand, higher interest rates and burgeoning competition. The latest round of reductions came on the eve of earnings.
☆ Netflix reports mixed quarter
  + stars: | 2023-04-18 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix reports mixed quarterRich Greenfield, LightShed Partners Partner & Co-Founder, on Netflix after the company reported earnings with CNBC's Dom Chu and the Fast Money traders.
☆ First Horizon deposits fall 3.2% compared to the fourth quarter
  + stars: | 2023-04-18 | 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 EmailFirst Horizon deposits fall 3.2% compared to the fourth quarterCNBC's Dom Chu joins 'Closing Bell: Overtime' to report on First Horizon's earnings.
☆ Breaking down Netflix earnings
  + stars: | 2023-04-18 | by ( Melissa Lee | ) 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 EmailBreaking down Netflix earningsRich Greenfield, LightShed Partners Partner & Co-Founder, on Netflix after the company reported earnings with CNBC's Dom Chu and the Fast Money traders.
☆ Chart master: Is now the time to buy Amazon?
  + stars: | 2023-04-18 | by ( Melissa Lee | ) 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 EmailChart master: Is now the time to buy Amazon? Carter Worth, Worth Charting , on how to play Amazon with CNBC's Dominic Chu and the Fast Money traders.
☆ Options trader bets Tesla will slam the brakes after reporting earnings
  + stars: | 2023-04-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions trader bets Tesla will slam the brakes after reporting earningsMike Khouw, Optimize Advisors president, on Tesla ahead of its earnings report tomorrow with CNBC's Dominic Chu and the Options Action traders.
☆ The Week That Was: April 14, 2023
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: April 14, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Thieves stole at least 1 million dimes — that's $100K — from a cargo truck parked overnight at a Philadelphia Walmart, police say
  + stars: | 2023-04-14 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +2 min
Thieves made off with an unusual bounty from a Walmart parking lot in Philadelphia on Thursday. At least 1 million dimes, or $100,000, were stolen from a cargo truck parked in the lot overnight, reports say. The truck was carrying $750,000 in dimes from a Philadelphia US Mint facility to Florida. Police say thieves made off with at least 1 million dimes, worth $100,000, from a cargo truck parked overnight in a Walmart parking lot, according to the Associated Press. Authorities say a bolt cutter was likely used to break into the truck, and dimes were found strewn across the parking lot Thursday morning, according to local news station NBC10.
☆ PNC seems 'expensive' heading into the print, says KBW's David Konrad
  + stars: | 2023-04-14 | by ( Hugh Son | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPNC seems 'expensive' heading into the print, says KBW's David KonradCNBC's Hugh Son and Dom Chu with David Konrad, KBW large cap bank analyst, joins 'The Exchange' to discuss banks.
☆ Analysis: As ageing trees sap yields, Asian palm oil firms race to replant
  + stars: | 2023-04-14 | by ( Mei Mei Chu Bernadette Christina | Mei Mei Chu | Bernadette Christina | ) www.reuters.com   time to read: +6 min
Palm oil prices have fallen some 49% from last year's record, but the tight supply means they are expected to stay above pre-pandemic levels. Another palm oil giant, Kuala Lumpur Kepong Bhd (KLKK.KL), told Reuters it plans to replant 10,000 hectares this year, up from a lower-than-usual 6,000 hectares in 2022. The scheme targeted replanting of 2.4 million hectares but only managed to replant around 278,000 hectares by February, partly due to land legality issues. We are ageing faster than we are replanting," Malaysia Palm Oil Association chief executive Joseph Tek told Reuters. In Malaysia, replanting costs doubled to around $4,500 per hectare after the pandemic inflated prices of fertiliser and labour.
☆ The Week Ahead: April 14, 2023
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: April 14, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Edtech venture capital firm Reach Capital raises $215 million for its largest fund ever and has its sights set on backing more generative AI startups
  + stars: | 2023-04-10 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Reach Capital has closed its fourth fund with $215 million to invest in education startups. The team is also looking to back more companies using generative AI in education, Reach Capital founding partner Esteban Sosnik told Insider. Near the end of 2022, edtech investing had just reached $8.89 billion in 2022, according to PitchBook. While generalist investors still have some interest in edtech deals, some of the hype has worn off. Reach has also backed several edtech startups that went on to become unicorns, or reach a valuation of over $1 billion, including Outschool, ClassDojo, and Handshake.
☆ How DBS is helping a Singapore startup pave roads using a material made from recycled plastic waste
  + stars: | 2023-04-10 | 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 EmailHow DBS is helping a Singapore startup pave roads using a material made from recycled plastic wasteOh Chu Xian, founder of Magorium, tells CNBC about the DBS Foundation Social Enterprise grant that helped the company pave a road at DBS Newton Green using recycled plastic waste.
☆ Gold bars and Google: The harebrained adtech heist that went spectacularly wrong
  + stars: | 2023-04-07 | by ( Lara O'Reilly | Lauren Johnson | Ryan Joe | ) www.businessinsider.com   time to read: +12 min
He had told Oxford Gold that he wanted to "get the lay of the land" ahead of picking up a $9 million order for 151 gold kilo bars. But most unusual was that Mancuso wanted to pick up the order from the Oxford Gold office, the source said. The next day, Mancuso contacted Oxford Gold about buying $9 million worth of gold, and the company agreed to sell him 151 gold kilo bars. But Oxford Gold was alerted on December 2 that this was a fraudulent transaction, said a source with direct knowledge. Unsure what to do, Oxford Gold contacted the Beverly Hills Police Department, and eventually got in touch with the FBI, this source said.
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