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☆ Arm CEO says AI growth is being limited by finding enough talent: 'I need more engineers'
▼ + stars: | 2024-10-28 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Arm CEO Rene Haas said in a recent interview that he needs more engineers to drive AI growth. Companies are aggressively recruiting top AI talent, with some offering lucrative compensation. AdvertisementThe AI train is running at full steam, but Arm CEO Rene Haas believes there's one thing they need to keep it moving — more engineers. The comments from Arm and its CEO highlight how the generative artificial intelligence boom following ChatGPT's launch nearly two years ago has led to a talent war for top AI engineers and researchers. Related storiesA limited pool of researchers and candidates with experience in areas like machine learning and data engineering has allowed AI talent to become more selective when evaluating job offers.

Persons: Rene Haas, —, Haas, Sam Altman, Mark Zuckerberg, Ram Srinivasan, JLL Organizations: Service, Bloomberg, SEC, Competition Locations: British, PwC

☆ Trump unveils the most extreme closing argument in modern presidential history
▼ + stars: | 2024-10-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

It was exactly the kind of rhetoric that the Harris campaign believes could prompt moderate voters and disaffected Republicans to choose the vice president. Harris was in red-state Texas on Friday to highlight hardline GOP abortion policies she warns could spread countrywide if Trump wins. The CNN Poll of Polls shows no clear leader nationally with Harris at 48% and Trump at 47%. Harris’ rally will provide an emphatic exclamation point for an increasingly important theme of her campaign — that Trump represents an existential threat to American democracy. Both Trump and Harris are targeting strategic sectors of their core electorates in the final days.

Persons: Donald Trump, ”, John Kelly, Trump, Kamala Harris, ” Trump, “ Trump, Hitler, David Rem, Harris, Hillary Clinton, “ illegals, Tony Hinchcliffe, Danielle Alvarez, don’t, “, Tim Walz, she’s, Joe Biden’s, Harris ’, Harris didn’t, Kelly, Ohio Sen, JD Vance, Vance, CNN’s Jake Tapper, Nancy Pelosi, Adam Schiff, Jake Tapper, CNN “, lunatics, …, ” Vance, “ We’re, ” Harris, Michelle Obama —, ” Obama Organizations: CNN, Madison, Democratic, New, Trump, Republicans, Republican, Nazi, Sun, Capitol, The New York Times, Sunday, GOP, National Guard, California Rep, Black, House, Supreme Locations: United States, New York City, Puerto Rico, Trump’s, Manhattan, Minnesota, New York, Texas, Washington ,, Pennsylvania, Michigan, Wisconsin, North Carolina , Georgia, Arizona, Nevada, Washington, “ State, West Philadelphia, Philly

☆ How a Trump or Harris presidency could impact your investments
▼ + stars: | 2024-10-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +12 min

This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. To date, Trump and Harris have outlined specific policy proposals that will impact different parts of the stock market. The guide covers four specific asset classes, and is divided between the Trump and Harris impact on each. Advertisement"Our upbeat projections for the stock market in 2024 and 2025 are predicated on a view that hype over AI will continue to fuel a stock market bubble," the research firm said. And since presidential actions usually impact rates, the bond market will be shaped by what either Trump or Harris end up doing.

Persons: Harris, —, Donald Trump, Kamala Harris, Today's, they're, BofA, It's, Financials, Trump's, Trump, Peter Berezin, Joe Biden's, Bonds, Crypto, Bernstein, Gautam Chhugani, bitcoin, Chhugani, Harris Harris, she's, I'm, Larry Fink, Biden, it's Organizations: Trump, Service, Business, Wall, Bank of America, Allies, Foundation, BCA Research, Harris, Democratic, Economics, Capital, Federal, Harris Capital Economics, Federal Reserve, Bloomberg, bitcoin, BlackRock, Capital Economics, Fed Locations: China

“A complete jump ball,” said Dennis Lennox, a Republican strategist who works in Michigan. “Nobody really knows what will happen.”Beyond the suburbs, Republicans see opportunities to peel off traditionally Democratic voters, like Black men. Now, many Lebanese American and Palestinian American voters in Michigan say they will not vote for Harris under any circumstance. And she signaled that she believes support for Harris from Republicans like Upton could be key to the race. “This is the center of the political universe, here in Michigan.”Alex Seitz-Wald reported from Camden, Maine; Henry Gomez reported from Detroit, Michigan.

Persons: Kamala Harris, Haley Stevens, Harris, Donald Trump, “, ”, she’s, Sen, Mitt Romney, It’s, Liz Cheney, Fred Upton, Trump, Ron Robinson, “ I’ve, ” Robinson, Biden, it’s, Dennis Lennox, “ Trump, ” Lennox, Barack Obama, Pamela, Harris canvasser, —, Obama, I’ve, Liz Cheney's, Alabas, Lyin ’ Kamala Harris, ” Trump, Dick Cheney, Massad Boulos, Tiffany Trump, Boulos, Lara Trump, Trump’s, Jill Stein, ‘, Gretchen Whitmer, Upton, Tim Walz, ” Whitmer, Republicans don’t, Jennifer Conlin, Ann Arbor, “ I’m, ” Conlin, …, ’, Paul Hudson, Hillary Scholten, ” Hudson, ” Alex Seitz, Wald, Henry Gomez Organizations: DETROIT, Democratic, Democrat, Democratic Party, Republican, Utica City, Michigan House, Trump, Michigan Arab, U.S, Lebanese, Palestinian American, Lebanese American Democrat, Dearborn, Renaissance, Republican National Committee, NBC News, Republicans, ” Locations: Michigan, Gaza, Oakland County, Detroit, Bloomfield Hills, R, Utah, ”, Detroit’s Macomb County, Utica, “, LaSalle Washington, Washington, Lebanon, Dearborn, Iraq, Lebanese American, Rochester, Ann, Grand, Camden , Maine, Detroit , Michigan

☆ Sorry Mom and Dad, Gen Z is calling the shots on the family vacation now
▼ + stars: | 2024-10-27 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Gen Z is taking the reins on family trips, taking charge of destinations and what hotels to book. But this is increasingly changing, and Gen Zers and adult kids aren't just tagging along on these trips; they're calling the shots and organizing the family vacations themselves. AdvertisementLuxury travel agents say Gen Z isn't holding back with their family vacation requests. Many Gen Z travelers are molding their family vacations off what they see on social media and by what they want to post. AdvertisementWhen the client's kid becomes the clientAs a self-proclaimed "geriatric millennial," Carter has mixed feelings toward the growing influence of Gen Z on luxury family travel.

Persons: Z, —, Gen Zers aren't, Julia Carter, Gen Zers, Gen, Carter, IPGGutenbergUKLtd, Diana Hechler, Coppola, Hechler, Kardashian, I've Organizations: Service, Craft Travel, Travel Locations: South Africa, COVID, Belize, Republic of Congo, London, Paris

☆ 2 new polls show Harris leading Trump as the election nears. Women continue to propel the VP's candidacy.
▼ + stars: | 2024-10-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Kamala Harris' strength with female voters is fueling her overall leads in two new national polls. In a new ABC News/Ipsos poll, Harris had a four-point lead over Trump (51% to 47%) among likely voters. And in the latest CBS News/YouGov poll, Harris led Trump by one point (50% to 49%) among likely voters. Harris held a two-point edge in the previous ABC poll, while she held a three-point advantage in the previous CBS poll. The CBS poll showed Harris with a 12-point advantage (55% to 43%) over Trump among female likely voters.

Persons: Kamala Harris, Harris, Donald Trump, —, Trump, she'd, he'd, Michelle Obama, Roe, Wade, Obama Organizations: CBS, ABC, Service, Trump Locations: Mexico, Georgia , Michigan, Pennsylvania, Kalamazoo , Michigan

☆ The 'We Live in Time' director on why the movie made financiers nervous, and how that devastating ending changed
▼ + stars: | 2024-10-26 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +9 min

Andrew Garfield and Florence Pugh star as a couple dealing with a cancer diagnosis in "We Live in Time." Advertisement"We Live in Time," the new film starring Florence Pugh and Andrew Garfield as a couple dealing with a cancer diagnosis, defies easy categorization. The movie, which is structured as a nonlinear narrative, follows the relationship between Tobias (Garfield), a Weetabix salesman, and Almut (Pugh), a former figure skater turned Michelin chef, over the course of a decade. The actors — and director — went through the emotional wringerGarfield plays Tobias in "We Live in Time." The ending of 'We Live in Time' was originally differentPugh and Garfield in "We Live in Time."

Persons: Andrew Garfield, Florence Pugh, John Crowley, Crowley, —, Tobias, Garfield, Pugh, it's, It's, who's, Oscar, Saoirse Ronan, Peter, Almut, Ella, who'd, she's, I'm, we're Organizations: Service, London, BI Locations: Brooklyn, Tobias

☆ Why these Republicans think voting against Trump could save the GOP
▼ + stars: | 2024-10-26 | by ( John King | ) edition.cnn.com time to read: +11 min

A Nikki Haley voter in the April GOP primary who will be a Kamala Harris voter a week from Tuesday. “If Trump loses, then I think Republicans will start coming back to what they were,” Pesce said. But London is voting for Harris – the first time she will vote Democrat for president. As she ponders hers, she shares this: “I think Trump is going to win.” That, she said, is based on betting lines, not the polls. “They think at the 11th hour people will have such reservations about Trump that it will cause them to vote for Harris.

Persons: Pennsylvania CNN — Michael Pesce, Pesce, ” Pesce, “, Nikki Haley, Kamala Harris, Donald Trump, Harris, Trump, I’m, Michael Pesce, Haley, Joe Biden, ”, Joan London, Harris –, John King, Biden, Pat Toomey, ‘, Hillary Clinton, Harris Cynthia Sabatini, Sabatini, “ Trump, ” Sabatini, ” Cynthia Sabatini meditates, CNN Sabatini, Harris aren’t, meditates Organizations: Pennsylvania CNN, Coast Guard, Reagan Republican, White, CNN, Republicans, South, Democratic, Trump, Republican, GOP, Biden, Media, Pennsylvania Locations: Tripoli, Pennsylvania, New Tripoli , Pennsylvania, Philadelphia, South Carolina, New Tripoli, Lehigh County, Bucks County, Berks, battlegrounds . Berks, London, Philly, Montgomery County, Wyomissing, Wyomissing , Pennsylvania, Ukraine, ”, …, Berks County, Delaware County, Media , Pennsylvania, “, Trump

☆ James Cameron says the reality of artificial general intelligence is 'scarier' than the fiction of it
▼ + stars: | 2024-10-26 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

AdvertisementJames Cameron, the writer and director of "The Terminator," is wary of artificial general intelligence, the still theoretical version of AI that can reason as well as humans. Related storiesCameron said that while he's "bullish on AI," he's "not so keen on AGI because AGI will just be a mirror of us." "Since there is no shortage of evil in the human world, and certainly no agreement of even what good is, what could possibly go wrong?" The Future with Bill Gates," Cameron told the Microsoft cofounder that it's getting harder to write science fiction as AI progresses. Cameron also told Gates he's concerned people are putting more faith in machines and less into their sense of purpose.

Persons: James Cameron, —, Cameron, AGI, Arnold Schwarzenegger, he's, Joe Maher, Bill Gates, Gates, Gates he's Organizations: Service, US Defense Department, Robotics, Getty, Netflix, Microsoft

WASHINGTON — Among the many permutations for how the elections could end, one prospect has sparked chatter in both parties: Donald Trump could win the presidency while Democrats seize control of the House. Such a split would be rare — not since 1989 has a president entered office without his party controlling the House — and give Democrats substantial power over Trump's legislative agenda. In addition, persisting signs of ticket-splitting indicate Trump voters won’t all pull the lever for his party’s candidates down the ballot. The operative added that if Trump overperforms in rural areas, it could spell danger for a few Democratic-held House seats, such as Alaska's at-large district and Maine's 2nd District. “It’s why the American people will send President Trump a Republican House to secure the border, bring down inflation, and support law enforcement.”Asked about the prospect of a Trump presidency and a Democratic-controlled House, the Democrats' House campaign arm sounded an optimistic note that its party will win both.

Persons: Donald Trump, Kamala Harris, ”, “, Trump, Harris, — David Schweikert, Juan Ciscomani, didn't, Hakeem Jeffries, Jack Pandol, ” Pandol, Viet Shelton, Walz Organizations: WASHINGTON, Trump, GOP, Republicans, Democratic, Republican, Tucson —, House GOP, PAC, Congressional, Fund, NBC News, National Republican Congressional, “, gavels, Democrats, House, Democratic Congressional, Social Security Locations: Washington, Arizona, Phoenix, Tucson, Harris, Omaha, California, New York, D, Maine's, America

☆ Elon Musk has spent more than $130 million on Trump and the GOP this year
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Elon Musk's publicly disclosed spending for Trump and Republicans has exceeded $130 million. He also gave $10 million to a Mitch McConnell-aligned super PAC that helps elect Senate Republicans. AdvertisementElon Musk has now spent more than $130 million this year to elect Donald Trump and other Republican candidates, according to documents filed with the Federal Election Commission on Thursday. After pouring nearly $75 million into America PAC between July and September, Musk contributed another $43.6 million to the super PAC in the first two weeks of October. AdvertisementAltogether, Musk's publicly reported spending exceeds $130 million, though it's possible he's spent more than that on the election.

Persons: Elon Musk's, Mitch McConnell, —, Elon Musk, Donald Trump, Musk, Tony Gonzales, Musk's, Kamala Harris Organizations: Trump, Republicans, Trump " America PAC, Service, Republican, Federal, America PAC, businessman's, Leadership Fund, Senate Republicans, Leadership Alliance, National Republican Congressional Committee, House Republicans, titans, Department of Justice Locations: Tony Gonzales of Texas, Israel, Pennsylvania

☆ A new ETF could disrupt the trillion-dollar money market fund industry. What to know
▼ + stars: | 2024-10-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Total money market fund assets have ballooned to more than $6.5 trillion, according to the Investment Company Institute. Traditional money market fund transactions take place at the end of each trading day, while ETFs trade constantly during market hours. How it works The Texas Capital ETF holds very short-term fixed income instruments, similar to traditional money market funds. It will abide by rule 2a-7 , a U.S. Securities and Exchange Commission regulation that governs the liquidity of holdings in traditional money market funds. Looking forward The potential market for a money market ETF is massive.

Persons: Michael Carbone, That's, Richard Leimgruber, Jeff Schwartz, Brad Roth, Roth Organizations: Texas Capital, Money Market, Federal Reserve, Investment Company Institute, CNBC, U.S . Securities, Exchange Commission, Wealth, ICI, The Texas Capital, Thor Financial Technologies Locations: Texas, Chelmsford, Mass, Tarrytown , New York

A day after its sharpest rally since 2013, Tesla's stock on Friday headed for its highest close in more than a year as investors and analysts continued to applaud the electric vehicle company's third-quarter results. Tesla shares rose 2.8% on Friday morning to $267.79, putting the stock on pace for its highest finish since September 2023. The firm, which already had a buy rating on the stock, said it was increasing its 12-month price stock prediction to $315 from $310 "to reflect higher deliveries and higher margins." Still, Tesla's stock remains about 35% below its all-time high reached in 2021. WATCH: Tesla's price war is over

Persons: Elon Musk, Mark Read, Piper Sandler, Tesla, FactSet, Musk, Larry Ellison, Li Auto, Bernstein Organizations: Cannes Lions, JPMorgan, Forbes, Tesla, Ford, General Motors Locations: Cannes, France, FSD, California, Texas, China, U.S

☆ Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
▼ + stars: | 2024-10-25 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

Here's how the process could work and what Wall Street bankers stand to gain. AdvertisementAs third-quarter earnings demonstrated, Wall Street dealmaking appears to be bouncing back after three years of lackluster activity. Spokespersons for both Goldman Sachs and Morgan Stanley declined to comment or confirm their reported participation in the project. The two investment bankers – neither of whom are affiliated with Goldman, Morgan Stanley, OpenAI, or Microsoft — requested anonymity to preserve industry relationships. Largely speaking, however, Wall Street is poised to win, Roberts said.

Persons: Goldman Sachs, Morgan Stanley, —, OpenAI, –, Morgan Stanley's, PwC, Michael Roberts, Morgan, Roberts, Wharton, dealmaker, Sam Altman, Altman, Elon Musk, Reed Alexander Organizations: Service, Wall Street Journal, Microsoft, The, BI, Wharton School, University of Pennsylvania, Goldman, Wall Street, Wharton, dealmakers, Apple, Tesla Locations: San Francisco, Silicon Valley

☆ Opinion | Dan Osborn Is Building a Model for Taking on Republicans in Red States
▼ + stars: | 2024-10-25 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

The first person I met at a Monday night meet-and-greet for Dan Osborn, the independent Nebraska Senate candidate, was a Donald Trump-voting Republican named Joe Hallett. He’d worked, alongside his wife, Sherri, with Osborn at Omaha’s Kellogg plant. Explaining Osborn’s appeal, Joe said, “He’s not a millionaire or anything like that.” Sherri added: “He works hard. We did the same thing.”Neither was a fan of Osborn’s opponent, the Republican senator Deb Fischer. It drew a few dozen people — more Democrats and independents than Republicans — and Osborn stayed to talk and shake hands until the place closed.

Persons: Dan Osborn, Donald Trump, Joe Hallett, He’d, Sherri, Osborn, Joe, “ He’s, ” Sherri, Deb Fischer, “, ”, ” Osborn, Republicans —, Fischer, he’d Organizations: Nebraska Senate, Republican, Republicans Locations: Nebraska, Omaha’s Kellogg, Ashland, Omaha, Washington

☆ Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
▼ + stars: | 2024-10-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

A judge has granted a preliminary injunction to halt the merger between Tapestry and Capri Holdings. Following the ruling, on Thursday, Capri's stock plunged 45% in after-hours trading. AdvertisementVersace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge blocked its proposed merger with Tapestry, the parent of fashion brands Kate Spade and Coach. Following the court order, Capri's stock was down 45% in after-hours trading on Thursday. AdvertisementRepresentatives of the FTC, Capri Holdings, and Tapestry didn't respond to a request for comment from Business Insider sent outside business hours.

Persons: Versace, —, Kate Spade, Jennifer Rochon, Rochon, Capri, Capri's Versace, Jimmy Choo, Michael Kors, Stuart Weitzman, Henry Liu Organizations: Capri Holdings, Service, of, Federal Trade, FTC, Appeals, Capri, Tapestry's, Competition, New York Times, Business Insider Locations: Southern, of New York, agency's

☆ Hope is dangerous in D.C., but Jayden Daniels has the Commanders believing
▼ + stars: | 2024-10-25 | by ( Zak Keefer | ) www.nytimes.com time to read: +20 min

Ashburn, Va. — His alarm buzzes at 4:45 a.m. each morning, but most days Jayden Daniels doesn’t need it. GO DEEPER Jayden Daniels' growth with VR simulation has Commanders embracing mind gamesTerry McLaurin knew after his first practice. Seven games into his career, Jayden Daniels leads the NFL in completion percentage (75.6) and ranks sixth in passer rating (107.0). “Throwing a football for somebody like Jayden Daniels is a very natural thing. They all wanted to know if Jayden Daniels was ready to be a pro.

Persons: Jayden Daniels, He’s, Gibbs Dr, ” Adam Peters, Daniels, Peters, ’, ” Daniels, ” Peters, didn’t, ”, Bobby Wagner, Tyler Biadasz, Terry McLaurin, Daniels hadn’t, hadn’t, McLaurin, Jayden, I’ve, Frankie Luvu, Dan Snyder, “, Zach Ertz, that’s, Paul Walker, Jurgensen, Michael Vick, something’s, Joe Gibbs, … ” Walker, Rob Abelman, Gibbs, Snyder, Abelman, Jared, doesn’t, Daniels ’, Hope, Ryan Porter, Jay Daniels, he’d, Porter, ” Jay, Jay, ” he’d, “ Dad, ” Jayden, “ I’m, Jay wouldn’t, “ You’re, ” They’d, Joe Montana, “ It’s, Jayden —, Patrick Smith, ‘, “ What’s, ” Porter, He’d, Scott Winters, grandpa, It’d, Herm Edwards, ” Sherman Wilson texted, Wilson, ” Wilson, Bundini Brown, Wilson texted, you’re, Joe Sloan, LSU’s, Malik Nabers, Brian Thomas Jr, wouldn’t, texted Wilson, “ They’ll, Washington QB Michael Penix Jr, I’m, Rich Graessle, Caleb Williams, Dan Quinn, ” Wilson texted, “ We’re, it’s, “ We’ve, ” McLaurin, ” Kliff, Washington’s, —, Marcus Mariota, Mariota, ” Sloan, Nothing’s, “ he’s, Cooper Neill Organizations: LSU, NFL, Hall of Fame, “, Washington, Philadelphia Eagles, Panthers, Eagles, RFK, Super Bowl, Carolina, NFC, YMCA, ”, Iowa State, Pop Warner, San Bernardino YMCA, The Cowboys, Cajon, Arizona State, Getty, NCAA, Tigers, Washington QB, QB, Gators, Heisman, Alabama, Bears, NFL evaluators Locations: Ashburn, Va, Washington, Philadelphia, San Bernardino Mountains, Iowa, San Bernardino, Cajon, COVID, Tempe, wasn’t, Baton Rouge, Alabama, New York City, ” Kliff Kingsbury

☆ College in the US was too expensive, so these students opted for Europe
▼ + stars: | 2024-10-25 | by ( Erin Liam | ) www.businessinsider.com time to read: +11 min

As college tuition fees soar, more American students are going abroad. Beyond cheaper tuition, college abroad can offer multiple benefits, including exposure to new cultures. It sounded like a dream to her: a chance to live abroad and earn an affordable college degree. Now, out of the 350 high school students his company works with yearly, 10 to 20% apply to college abroad, he said. Related storiesThe benefits of college abroad go beyond costIn many US colleges, students declare a major after their freshman year.

Persons: —, Liza Jean Miezejeski, James Edge, he's, Greg Kaplan, Robert Harry, it's, Edge, Jacob Zeidberg, Lou Zeidberg, Harry, It's, Zeidberg, Jennifer Zeidberg, Scarlett Kiaras, Attari, Kaplan, There's, Mrozek, Amanda Mrozek Amanda Mrozek, Miezejeski, hasn't, I've Organizations: Institute of International Education, Service, Colleges, National Center for Education Statistics, U.S . News, Pepperdine University, Kent School, Europe College, Ireland, Toulouse Business School, University of Oxford, Oxford, Central Michigan University, Miezejeski, University of Connecticut Locations: Europe, Germany, Connecticut, Prague, Brussels, New York, America, Malibu, Netherlands, Japan, France, Kentucky, Scotland, undergrad, Edinburgh, Portugal, American, Canada, Italy, Boston

☆ JPMorgan is boosting its junior-banker ranks
▼ + stars: | 2024-10-25 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +5 min

JPMorgan is ramping up its hiring of investment-banking analysts and associates, BI has learned. The fourth quarter is usually a slow period of hiring for investment banks. JPMorgan Chase is in the midst of an off-cycle hiring spree for junior investment bankers, according to people familiar with the bank's recruitment efforts and its online jobs board. AdvertisementAs Business Insider previously reported, JPMorgan recently said it would cap junior bankers' weekly work hours to 80 per week, with key exceptions. It also created a new HR role specifically to oversee the "well-being" of junior bankers.

Persons: —, JPMorgan Chase, headhunter, Wall, Banks, there's, Jamie Dimon, wasn't Organizations: JPMorgan, Service, IPOs, Bank of America, WSJ

☆ Trump-appointed appeals court judges say Mississippi is violating federal law with mail ballot deadline but don’t block it
▼ + stars: | 2024-10-25 | by ( Tierney Sneed | ) edition.cnn.com time to read: +4 min

CNN —A panel of three Donald Trump-appointed judges said Friday that Mississippi was violating federal law by counting mail ballots that arrive after Election Day, but stopped short of blocking the policy before the election, in a ruling that could nevertheless impact voting-related lawsuits this fall. The ruling from the 5th US Circuit Court of Appeals is a victory for the Republican National Committee and others who brought the case in Mississippi, a non-battleground state with very little mail-in voting, seeking a ruling by a far-right circuit court friendly to their arguments. “Voters deserve nothing less than a fair and transparent election which ends on November 5th. “Congress statutorily designated a singular ‘day for the election’ of members of Congress and the appointment of presidential electors,” the 5th Circuit panel said. “That is not to say all the ballots must be counted on Election Day,” the opinion states.

Persons: Donald Trump, “, Michael Whatley, ’, Trump’s, ”, Judge Andrew Oldham, James Ho, Kyle Duncan Organizations: CNN, Mississippi, Republican National Committee, statutorily, Representatives, Republicans, Trump Locations: Mississippi, Nevada , Ohio, Virginia, Maryland, California, New York

A Democratic super PAC is hitting the airwaves in Texas, looking to boost Rep. Colin Allred by focusing on abortion in his underdog but increasingly competitive race against GOP Sen. Ted Cruz. Democrats haven't won a statewide race in Texas in 30 years, though they have forced some close contests in recent elections. “In such an important election, Senate Majority PAC is determined to make sure Texans understand the choice facing them this November. Rep. Colin Allred, D-Texas, at an early voting center in Dallas, Texas, just before he voted. Cruz and McConnell have a tumultuous history in the Senate, particularly after Cruz called McConnell a “liar” on the Senate floor in 2015.

Persons: Colin Allred, GOP Sen, Ted Cruz, Democrats haven't, Nancy, ”, Ted Cruz’s, ” Nancy, that’s, JB Poersch, Cancún Cruz, ” Cruz, Allred, Kamala Harris, “, Colin Allred’s, Donald Trump, Cruz, Beto O’Rourke, Sen, Frank Thorp V, “ He’s, ” Allred, Wade, “ I’m, Mitch McConnell, McConnell, they’ve, Harris, Beyonce, who’s Organizations: Democratic, PAC, GOP, Houston, NBC News, Republican, Democrats, Texans, Texas, Former Democratic Rep, NBC, Leadership Fund, Labor, NBC News Republicans, Courage PAC, Social Security Locations: Texas, Dallas, San Antonio, Montana and Ohio, Pearland , Texas, Cancun, Ky, Dallas , Texas, Washington, ”, Houston

Republicans are making a last-ditch effort to flip Nevada's Senate seat, optimistic that a strong performance from former President Donald Trump in the state could boost Republican Senate candidate Sam Brown. Senate Leadership Fund, the main GOP super PAC involved in Senate races, is planning to spend $6.2 million on TV, radio and digital ads in Nevada, according to ad spending figures shared first with NBC News. SLF has spent tens of millions of dollars in other Senate battlegrounds in recent months. “It might be the best environment Republicans have seen in a presidential year in 20 years,” Nevada GOP strategist Jeremy Hughes recently told NBC News. Since Labor Day, Democrats have spent a combined $38.3 million on ads in Nevada, while Republicans have spent $27.6 million.

Persons: Donald Trump, Sam Brown, Rosen, SLF, Democratic Sen, Jacky Rosen's, Jacky Rosen, Steven Law, Trump, Joe Biden, Catherine Cortez Masto, Jeremy Hughes, Brown, Harris Organizations: Fund, GOP, PAC, NBC, Republicans, Democratic, Democrats, ”, ” Nevada Republicans, Army, Trump, AARP, Labor, National Republican Senatorial Committee, Senate Locations: Nevada, ” Nevada, Montana and Ohio, Michigan , Pennsylvania, Wisconsin, Nebraska

Pop superstar Beyoncé will appear with Vice President Kamala Harris at her event in Houston, Texas on Friday evening, according to three sources familiar with the plans. Beyonce is also expected to perform, according to one of the sources, who has direct knowledge of the preparations. The pop star is from Houston and her appearance comes as the Harris campaign has welcomed other musicians, like Bruce Springsteen and Eminem, to the campaign trail. The vice president's other prominent celebrity endorsements include Taylor Swift, Charli XCX and Billie Eilish. Beyonce is not often involved in politics but famously sang the national anthem at former President Barack Obama’s first inauguration in 2008.

Persons: Beyoncé, Kamala Harris, Beyonce, Harris, Bruce Springsteen, Eminem, Taylor Swift, Charli XCX, Billie Eilish, Barack Obama’s, Harris ’, Republican Sen, Ted Cruz, Colin Allred Organizations: Republican, Democratic Locations: Houston , Texas, Houston, Though Texas

☆ Tesla shares jump on profit beat, Elon Musk's prediction of at least 20% 'vehicle growth' next year
▼ + stars: | 2024-10-24 | by ( Lora Kolodny | ) www.nbcnews.com time to read: +6 min

Automotive revenue increased 2% to $20 billion from $19.63 billion in the same period a year earlier and is about flat since late 2022. Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion. Earlier this month, Tesla reported third-quarter vehicle deliveries of 462,890. While deliveries increased 6% from a year earlier, they fell shy of analysts’ expectations and followed two straight quarters of year-over-year declines. “Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,” the company said in its earnings deck Wednesday.

Persons: Tesla, Elon Musk, FactSet, Musk, ” Tesla, “, Kelley, Vaibhav Taneja, Li Auto, Donald Trump, Trump, doesn’t Organizations: Revenue, Energy, that’s, California Public Utilities, Li, Ford, General Motors, Trump, Nasdaq Locations: Texas, California, Bay, U.S, China, Harrisburg , Pennsylvania

BEIJING — The United States will judge China “on its actions, not just its words,” U.S. “It’s very important that we have these channels of communication,” Burns said in an exclusive interview in Beijing on Wednesday. “We want to be responsible for our own people, but also for the world as we conduct this relationship,” Burns said. During their summit last year, the two leaders said there should be more people-to-people exchanges between their countries, including in academics, business and tourism. It’s a very challenging relationship,” Burns said.

Persons: China “, China Nicholas Burns, Burns, ” Burns, Joe Biden, Donald Trump, Biden, Xi Jinping, It’s, ” Janis Mackey Frayer, Jennifer Jett Organizations: China, U.S, NBC, Pacific, Ukraine, Chinese Commerce Ministry, United Nations, Biden, Embassy, Foreign Ministry, American Chamber of Commerce Locations: BEIJING, United States, China, U.S, Beijing, People’s Republic of China, Asia, Pacific, South, Taiwan, Washington, South Korea, Japan, Philippines, Russia, Ukraine, Xinjiang, Tibet, Hong Kong, Gaza, Israel, California, Shanghai

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