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The Girl Scouts could soon triple membership fees
  + stars: | 2024-10-18 | by ( Vanessa Yurkevich | ) edition.cnn.com   time to read: +5 min
CNN —The Girl Scouts of the USA plans to raise prices, but not for their famous cookies. Membership dues are the Girl Scout’s largest source of revenue, generating $38 million in 2023 from its nearly 2 million total members. You are going to run yourselves out of business.”Bertram was a Girl Scout herself, just like every girl in her family. Part of the problem is that Girl Scout membership has fallen in recent years, leadership said in a video to members in September. GSUSA will continue to provide financial aid to “reduce barriers” to any girl who wants to be a Girl Scout, a spokesperson said.
Persons: , , Sally Bertram, ” Bertram, Bertram, it’s, Diane Tipton, Bonnie Barczykowski, Bertran, ” Bertran, we’re, ” Tipton, Kelly Goldsmith, Goldsmith, GSUSA, can’t Organizations: CNN, The Girl Scouts, USA, Girl Scouts, Girl Scouts of, Girl Scout, National Council, Boy Scouts, Vanderbilt University, Scout Locations: Girl Scouts of Western Ohio, Tennessee, New York City
The company uses memos in meetings, which begin with attendees reading them and leaving comments. Amazon's Jeff Bezos famously banned PowerPoints in exec meetings, instead asking for 6-page memos. AdvertisementJeff Bezos' rules for meetings at Amazon have made their way to Dropbox. Dropbox CEO Drew Houston said his company has adopted the "memo-first" meeting culture. Instead, he asks for a 6-page "narratively structured" memo, and the meeting kicks off with attendees silently reading it.
Persons: Dropbox, Amazon's Jeff Bezos, , Jeff Bezos, Drew Houston, you've, Logan Bartlett, Houston, PowerPoints, Bezos, they've Organizations: Service, Amazon Locations: Dropbox
In today's big story, Taylor Swift has a new book coming out, but how she's doing it might create some bad blood with publishers . On Tuesday, Swift announced plans to self-publish "The Eras Tour Book," a behind-the-scenes look at her record-breaking tour that'll be released exclusively at Target on Black Friday. News of a Taylor Swift book should have sent a publisher jumping for joy at the potential revenue. AdvertisementBig stars like Swift are exactly who book publishers are banking on these days. But even so, Miami, New Orleans, and Indianapolis — her remaining US tour dates — won't mind Swift coming to town.
Persons: , Meta, Taylor Swift, Chelsea Jia Feng, Taylor, Swift, Samantha Grindell, Madeline Berg, George Walker IV, we're, Natalie Ammari, it's, Goldman Sachs, Kalshi, Donald Trump, Trump, Blackstone, Jon Gray, Walid Berrazeg, It's, Lebaredian, Uber, Dara Khosrowshahi's, Tyler Le, Matt Garman, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Target, AP, Indianapolis, Super Bowl, UBS, Getty, Financial, Wall, Blackstone, Trump, Investors, Taiwan Semiconductor Manufacturing, TSMC, Optimus, Financial Times, Netflix, American Express Locations: Miami, Miami , New Orleans, Glendale , Arizona, Hsinchu, ASML, Texas, California, New York, London
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Alison Emerick and her husband traveled to Bali for a break on their way home to Colorado. They settled into Bali life quickly, with two young kids, and didn't want to leave. AdvertisementWe settled into Bali life quicklyAs the weeks went by, and life slowed down, we realized we really liked it here. The author, her husband, and two kids embrace Bali life. The author loves how easy it is to pick up the kids from school and head to the beach as a family.
Persons: Alison Emerick, , It's, we're, Alison Emerick Bali, we've, We've, I've, We're Organizations: Service, Singapore American School, manta Locations: Bali, Colorado, Singapore, Singapore ., Indonesia, Sanur, Canggu, Penida, Komodo, East Java, Ubud, Overdevelopment, Rivers
The potential deal would take Uber closer to "super app" status, according to one analyst. CEO Dara Khosrowshahi has said he wants to make Uber a one-stop app for transportation and delivery. AdvertisementUber's reported interest in travel booking website Expedia points to one way the ride-hailing app could get closer to CEO Dara Khosrowshahi's vision of an everything app. AdvertisementHowever, in a May interview with Skift, Khosrowshahi resisted describing Uber as a potential "super app," calling the term "loaded." Meantime, Uber might not need to buy Expedia in order to offer Expedia bookings, according to Gordon Haskett's Mollins.
Persons: Uber, Dara Khosrowshahi, , Dara Khosrowshahi's, Gordon, Robert Mollins, Khosrowshahi, Elon Musk, Skift, Gordon Haskett's Mollins, Mollins Organizations: Financial Times, Service, Uber, Twitter Locations: China
Chinese robotaxi firm Pony AI files for U.S IPO
  + stars: | 2024-10-17 | by ( ) www.cnbc.com   time to read: +2 min
Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss attributable to the company was $51.3 million in the same period, compared with $69.4 million last year. The number of Chinese companies that pursued stock market flotations in the U.S. dropped in the past few years after Beijing clamped down on offshore capital-raising in 2021. EV maker Zeekr's debut in May was the first big listing by a Chinese company in the U.S. since then. Pony AI has applied to list on the Nasdaq stock exchange under the ticker symbol "PONY."
Persons: Saudi Arabia's NEOM, BingEx, Goldman Sachs Organizations: Toyota, U.S . Federal Reserve, Japan's Toyota, Saudi Arabia's, Zeekr's, Nasdaq, BofA Securities, Deutsche Bank, Huatai Securities, Tiger, underwriters Locations: Beijing, China, U.S, Saudi
Sam's Club, owned by Walmart, opened its first new store since 2017. The fate of the Grapevine store changed after Sam's Club announced last year that it planned to open 30 locations by 2030. The layout of the Grapevine Sam's Club looks different than other locations because it lacks checkout lanes. Sam's Club said the individual pieces of technology had been working well. If you are a Sam's Club worker who wants to share your perspective, please contact Dominick via email or text/call/Signal at 646-768-4750.
Persons: Chris Nicholas, , Dominick Reuter, Sam's, Nicholas, Dominick Organizations: Sam's, Walmart, Service, Sam's Club, Benz, Grapevine, Business Locations: Dallas, Grapevine, Grapevine , Texas
Several airlines have criticized Boeing for delivery delays. Ryanair CEO Michael O'Leary told Reuters Wednesday that the airline is likely to cut its traffic growth expectations for next year as it predicts delivery delays. Also on Wednesday, at an Irish think tank event, the head of the world's foremost airline trade group spoke out about delivery delays. AdvertisementLast Friday, Boeing announced further delays to its 777X jet, with its first delivery pushed from 2025 to 2026. AdvertisementThe Boeing 777X was delayed again last week, leading to sharp criticism from the boss of Emirates, one of Boeing's biggest customers.
Persons: Michael O'Leary, , O'Leary, Willie Walsh, Walsh, Tim Clark, GIUSEPPE CACACE, I've, Carsten Spohr, Spohr Organizations: Boeing, Service, Ryanair, Reuters, International Air Transport Association, Guardian, Airbus . Supply, Alaska Airlines, Emirates, Business, Getty, Lufthansa, Airlines, Europe, Financial Times, BI Locations: Irish, AFP, Emirates
Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday. Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported. AdvertisementExpedia stock jumped as much as 8% in Thursday's premarket, while Uber tumbled more than 3% following a report the ride-hailing giant recently explored a takeover of the travel group. A third party raised the idea of buying Expedia to Uber, sources told the FT, adding that merger talks were nascent and a deal might not materialize. One source told the newspaper that Uber hasn't formally approached Expedia, and there were no ongoing discussions between the two companies.
Persons: Uber, , Expedia, Uber hasn't, Dara Khosrowshahi Organizations: Financial Times, Service Locations: Thursday's premarket
CEO Olugbenga “GB” Agboola was celebrated for his leadership and lauded as a trailblazer in African fintech, providing digital payment services for businesses across the continent. However, Agboola says Flutterwave has weathered the storm and emerged stronger than ever. In his first major interview since the allegations, Agboola told CNN that Flutterwave is on a mission to rebuild trust and strengthen its governance practices. She says Flutterwave’s fast growth exposed weaknesses in governance, compliance, risk management strategies and inadequate internal controls. Beyond the focus on governance and structure, Agboola envisions a future where Africa’s diverse payment systems are seamlessly integrated into a unified marketplace.
Persons: Flutterwave, Olugbenga, Agboola, ” Agboola, “ We’ve, , Mitesh Popat, ” Popat, , ” Bawo, ” Egbakhumeh, “ Flutterwave, Africa Agboola, we’re Organizations: CNN, Kenyan, Citibank, Nigeria’s Economic, Commission, Global, MainStreet Bank, American Express Locations: Kenya, , Flutterwave, Africa, Ghana, Zambia, Uganda, Rwanda, United States, Nigeria, San Francisco
Insurtech startup Inshur has secured $19 million in Series B funding. AdvertisementNew York-based startup Inshur, which provides bespoke insurance for workers in the on-demand economy, has secured $19 million in Series B funding. AdvertisementIts products are used by ride-hailing clients such as Uber and can be embedded into a company's existing platform. For example, Uber drivers can log in using their Uber credentials on the Inshur app, to get a quote, said Bratshpis. The Series B, led by Viola Growth and with participation from MS&AD, brings the startup's total funding to $80 million.
Persons: , Dan Bratshpis, Viola Growth, Inshur Organizations: Service, Uber, American Business Insurance Services Locations: New York
In yet another incident, crowds of angry drivers gather outside an apartment complex, demanding justice for a fellow delivery driver said to be bullied by security guards there. They’re among the many episodes of explosive confrontations across China involving delivery workers widely circulated on Chinese social media, showing people stretched to the breaking point. As China’s economy grapples with a raft of setbacks, from a protracted property crisis to a lack of consumer spending, delivery workers are taking a beating. That eats into delivery workers’ income as their pay is usually tied to a commission based on the price of the order. In 2019, a delivery driver died after he was hit by a tree knocked over by strong winds in Beijing, according to state media Global Times.
Persons: , , Jenny Chan, Chan, they’ve, Greg Baker, Morningstar, Alibaba, , Lu Sihang, Lu, China’s, Gary Ng, ” Ng, Pedro Pardo, Workers.cn, Yang, Justin Robertson Organizations: Hong Kong CNN, Polytechnic University of Hong, Getty, iiMedia Research, CNN, China New Employment Research Center, Research, China Labour Bulletin, Polytechnic University, Global Times, Chongqing Broadcasting Group Locations: Beijing, Hong Kong, China, Polytechnic University of Hong Kong, AFP, Chinese, Hunan
Uber discussed a bid for the $20 billion travel booking company Expedia , CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. Expedia is familiar territory for Uber CEO Dara Khosrowshahi, who previously served as CEO of the travel group from 2005 to 2017. Expedia reported $28.8 billion total gross bookings in its second-quarter results in August. An acquisition of Expedia would be a "‘major strategic home run" for Uber, Dan Ives, Wedbush Securities managing partner, told CNBC's "Squawk Box" on Thursday. "I think they're going to be on the hunt for M&A."
Persons: Uber, Dara Khosrowshahi, Khosrowshahi, Expedia, Dan Ives, CNBC's, they're, Ives Organizations: CNBC, Financial Times, Wedbush Securities
Analysts are optimistic about Apple's iPhone 16 sales going into the holiday season. Apple shares hit a record intraday high earlier this week. AdvertisementFall is shaping up to be good for Tim Cook as Apple rounds the corner into the holiday quarter. Analysts expect the rollout of Apple's AI features to drive iPhone demand into the holiday season. Apple Intelligence is expected to officially launch by the end of the month, and new Macs are reportedly on the way.
Persons: , Tim Cook, Nabila Popal, Morgan Stanley, Bernstein, Cook, Jacob Bourne, Bourne, Erik Woodring, William Kerwin, Kerwin, TSMC Organizations: IDC, Apple, Service, Apple Intelligence, Wall Street, ISI, Forbes, Business, Morningstar Locations: China, Xiaomi, Indonesia
Ukraine CNN —The spluttering roar of a propeller punctuates the perfect silence. Serge said he had personally overseen more than 500 long-range drone attacks into Russia since its full-scale invasion of Ukraine in February 2022. CNN spent two days traveling across the country with the drone unit as it prepared to launch more than 100 drones overnight into September 29 on a mission into Russia. Sources told CNN in September that Tehran had recently completed the delivery of short-range ballistic missiles to Russia. In September, the unit’s drones hit a Russian ammunition depot between Moscow and St. Petersburg, in Tver region.
Persons: , Serge, GUR, Abbas Araghchi, Vladimir Putin, Vector, it’s, “ We’re, Putin, ” Serge, Sebastian Shukla, Daria Tarasova, CNN “, , Organizations: Ukraine CNN, CNN CNN, UAV Unit, CNN, Iran’s, Maxar Technologies, Maxar, Ukraine, Vector, Pilots, Russian Telegram, Russia –, Technologies Locations: Ukraine, GUR, Russia, Tehran, Iran, Kotluban, Volgograd, Russian, Moscow, St, Petersburg, Tver region, Toropets, United, Ukrainian, Ukraine’s, Donetsk, Luhansk, Kyiv, Russia – Voronezh, Yesk, Rostov, Voronezh
Still, that’s far lower than the 528 drop boxes that the commission was aware of in 2020. PoolNick Ramos, the executive director of the Wisconsin Democracy Campaign, a voting rights group that has pushed for more drop boxes, said he was discouraged by the number of municipalities that had decided not to use drop boxes this election. “Drop boxes are safe, they are reliable and secure.”Changing legal statusFor years, ballot drop boxes were legal in Wisconsin with little controversy or attention, and in 2020, they became a key tactic for municipalities to encourage safe voting during the coronavirus pandemic. A conservative group filed a lawsuit to ban drop boxes in Wisconsin, and the state Supreme Court’s conservative majority sided with them in 2022, banning drop boxes except ones inside clerks’ offices. In Milwaukee, most drop boxes are in front of libraries, and in Madison, the state capital and a Democratic stronghold, officials decided to locate almost all of their drop boxes in front of fire stations.
Persons: Donald Trump, Dale Schmidt, Trump, Nick Ramos, “ We’re, ” Ramos, “ It’s, Joe Biden, Doug Diny, Diny, , , I’ve, Jeff Mandell, Nancy Stenzel, Robin Vos, Scott Fitzgerald, Vos –, Janet Protasiewicz, Protasiewicz, Dylan Brogan, Schmidt, ” Schmidt, Eric Hovde, “ We’ve, ” Hovde, Catherine Engelbrecht, ” Engelbrecht, Mandell Organizations: CNN, Wisconsin county, , Trump, Commission, Madison, Wisconsin Democracy, Wausau, Republican, City Hall, Department of Justice, Council, State Assembly, GOP, Democratic, USA, Conservative, US, Washington Post, WIRED Locations: Wisconsin, Dodge County, Milwaukee, Dodge County , Wisconsin, Juneau , Wisconsin, Wausau, , Hall, Madison, Kenosha
The consumer continues to look healthy and the supply chain has regained stability as the holiday shopping season begins. "Across the board, we are seeing volumes very similar to what we've seen in past years, especially last year," said Kelleher. Amazon recently announced its plan to hire 250,000 additional workers for the holiday season, the same seasonal hiring level as last year. "This will achieve some cost efficiencies in getting that volume out because of inflation and cost," he said. "So typically, Cyber Monday is a heavy volume day," Kelleher said.
Persons: Patrick Kelleher, we've, Kelleher, " Kelleher Organizations: DHL Supply, North, CNBC, Freight, National Retail Federation Locations: North America
Delta Air Lines is set to update the cabins of its Boeing 757 and Airbus A350 jets. The 757s being updated are at least 20 years old as Delta waits on delayed new 737 jets. Courtesy of Delta Air LinesThe Max 10 is the largest version of Boeing's newest narrowbody jet, but is yet to be certified amid a difficult period for the embattled planemaker. Courtesy of Delta Air LinesIt will feature a "warmer and more modern color palette" that includes a red accent stripe and the airline's logo on seat tags, Delta said. Courtesy of Delta Air LinesIn Delta One, the airline's business class, the fabric seats are made from a lighter material that should help regulate a passenger's temperature.
Persons: , It's, Delta, Max, Guy Organizations: Delta Air Lines, Boeing, Airbus, Service, Air Lines, Delta Air Locations: New, Delta
CNN —A judge in Georgia has struck down a slate of controversial new election rules passed by Donald Trump allies, including two that Democrats say would inject post-election “chaos” into the critical battleground state. Three GOP members of the Georgia State Election Board were thrust into the spotlight after Trump mentioned them by name at a rally in Atlanta this summer. Among the other rules Cox invalidated is one that would have required officials to hand-count the number of ballots cast at each polling place, saying Georgia law didn’t support the requirement. A different judge in the state paused the ballot hand counting rule on Tuesday in a separate challenge brought against it by Cobb County. “The rule vastly expands the authority and obligations of poll officials in preparing ballots pre-delivery to the superintendents and pre-certification,” Cox wrote Wednesday.
Persons: CNN —, Donald Trump, Thomas Cox, ” “, ” Cox, Kamala Harris, Joe Biden, Trump, , ” Trump, , Cox, didn’t Organizations: CNN, Trump, Democratic, Peach State, GOP, Vigilance Locations: Georgia, Fulton, Peach, Atlanta, Cobb County
While Su has previously spoken with Boeing and the striking West Coast factory workers’ union, it is her first time in Seattle meeting both sides in person. Roughly 33,000 workers have been on strike since Sept. 13, seeking a 40% wage increase over four years. Boeing will next month send out 60-day notices to thousands of workers including many in its commercial aviation division, meaning those staff will leave the company in mid-January, one source familiar with the matter said. A Boeing spokesperson said the company had shared information with managers including plans for 10% reductions at its commercial unit involving both union and non-union workers. “Boeing just turned its back on 17,000 of its own workers — the same people who carried Boeing through crisis after crisis, year after year,” he said in a statement.
Persons: Julie Su’s, Su, Jon Holden, , Brian Bryant, Nick Cunningham, Tim Clark, , ” Clark Organizations: Boeing, Labor, Department of Labor, International Association of Machinists, Aerospace Workers, ” Boeing, White, Society of Professional Engineering Employees, Aerospace, Rivals, Partners, Alaska Airlines, Emirates, Air Locations: U.S, Seattle, West Coast
CNN —The Biden administration sent a letter to the Israeli government demanding it act to improve the humanitarian situation in Gaza within the next 30 days or risk violating US laws governing foreign military assistance, suggesting US military aid could be in jeopardy. The Sunday letter, jointly written by US Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin, is addressed to Israeli Minister of Defense Yoav Gallant and Minister of Strategic Affairs Ron Dermer. It marks a significant new step by the US to try to compel Israel to facilitate the delivery of humanitarian aid into Gaza. The deadline falls after the US presidential election on November 5. This story is breaking and will be updated.
Persons: CNN —, Biden, Antony Blinken, Defense Lloyd Austin, Yoav Gallant, Ron Dermer, , , ” Blinken, Austin Organizations: CNN, Defense, Strategic, US, US State and Defense Locations: Gaza, Israel, norther
You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. The exceptions are flights to South America, as well as transatlantic and transpacific flights, which allow a carry-on bag. Spirit AirlinesFees for checked and carry-on baggageSpirit charges varying fees for checked bags and carry-on bags. Opt for a carry-on bag whenever possible, as most airlines allow at least one free carry-on bag. Oversized bags: Fees for oversized bags depend on the bag's dimensions.
Persons: aren't, Doesn't, stow, Miles, it's, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read Organizations: Business Insider, Citi, Mastercard, JetBlue, Alaska Airlines, U.S . Airlines, American Airlines, U.S, U.S ., Airlines, Delta Airlines, United, New Zealand, Delta, Express Card, U.S . Supermarkets, PayPal, United Airlines, United ®, United Club, , FDIC, Southwest Airlines, Southwest ®, Rapid, Southwest, Rapid Rewards, JetBlue Plus, Card, Alaska, Spirit Airlines, Chase, American Express, Frontier Airlines, Frontier, American, Citi ® Locations: Puerto Rico, U.S, U.S . Virgin, Canada, Caribbean, Mexico, Central America, Guyana, Cuba, North America, South America, China, Japan, South Korea, Hong Kong, India, New Zealand, Europe, Israel, Qatar, Australia, Suriname, Panama, San Pedro Sula, Honduras, San Salvador, El, North, South, North Africa, South Africa, Emirates, New, Brazil, East, Africa, Asia, Central, delta.com, Delta, California , Idaho , Oregon, Washington, Dallas , Texas
The video makes no mention of Fulfil's technology, but the system appears identical to the contents of a demo video on Fulfil's website. Amazon declined to comment on whether it's using Fulfil's technology. The Information reported earlier on Amazon testing Fulfil's technology. Prior to working with Amazon, the company was testing its technology with California-based retailer Lucky, which is owned by regional grocer Save Mart, and is also an Amazon grocery delivery partner. The system being piloted in Plymouth Meeting will let shoppers order items from Amazon's website and its online grocery service, Amazon Fresh, while browsing Whole Foods.
Persons: Anand Varadarajan, Mir Aamir, Tony Hoggett, Hoggett Organizations: Khosla Ventures, CNBC, Amazon, Eclipse Ventures, DCVC, Save, Foods, Research Locations: Philadelphia, San Francisco, Nashville, California, Plymouth Meeting , Pennsylvania, Plymouth
Vitor Urbano moved from London to Latvia for a quieter life before his child was born. AdvertisementThis as-told-to essay is based on a transcribed conversation with Vitor Urbano, a freelancer who moved from London to Latvia. I moved from Sintra, Portugal, to London in 2011. We chose Latvia so my partner could have better opportunitiesThere were two obvious choices of where to live: Portugal or Latvia, where my girlfriend is from. Across the board, things are more expensive in London, but the remuneration is way higher than in Latvia.
Persons: Vitor Urbano, , I'd, that's Organizations: Service, London Locations: London, Latvia, Sintra, Portugal, EU, Saldus, Latvian
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