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Una Pizza Napoletana, opened by pizza maestro Anthony Mangieri in March 2022, not only beat out US competitors but also global ones. That includes pizzerias in Naples, Italy, the holy land for pizza aficionados and foodies in general. Why Una Pizza Napoletana? Una Pizza Napoletana is located in the Lower East Side of Manhattan. Una Pizza Napoletana (New York, USA)2.
Persons: Anthony Mangieri, , ” Mangieri, Don Antonio, Diego Vigtaliano, Mark Weinberg, Una, Anthony, Margherita, Cosacca, Mangieri, , Diego Vitagliano, Francesco Martucci, Sartoria Panatieri, Seu Organizations: CNN, CNN Travel, Una, Napoli Locations: Italy, Side, pizzerias, Naples, New, York, United States, New York, South Korea, Bolivia, India, Lower, Manhattan, New Jersey, New Jersey , New York, Connecticut, Amalfi, Una, Houston, USA, Caserta, Tokyo, Japan, Milan, London, England, San Francisco , USA, San Bonifacio, Barcelona, Spain, Rome
In fact, the Biden administration recently imposed its own set of tariffs, while extending ones first levied during the Trump administration. Take the tariffs the Trump Administration imposed on washing machines in 2018. The washing machine tariffs were part of a broad new tariff regime Trump imposed in an effort to protect American workers from anti-competitive Chinese trade practices. It resulted in what is generally viewed as a “trade war” involving retaliatory tariffs imposed on American goods. The White House gave a rationale similar to the Trump administration when it announced its tariffs.
Persons: Kamala Harris, Donald Trump, Trump, ” Trump, ” Harris, Biden, Harris, , There’s, , ” Biden, Douglas Irwin, ” Irwin, ” Sen, Sherrod Brown, Sen, Tom Cotton, Nick Iacovella, , ” Iacovella, Davis Organizations: GOP, Democratic, Tax, Trump, Coalition for, Prosperous, White, American Enterprise Institute, Federal, “ Ohio steelworkers, “ Workers, Administration, U.S . Steel, Harvard University, University of California Locations: China, Prosperous America, U.S, Mexico, Ohio , New York, Ohio
Michigan and Wisconsin are looking like the best of the bunch for Harris, according to the campaign’s internal numbers. As pumped as Harris aides are about her debate performance earlier this week, they don’t think it changed any of that. “There’s a quiet confidence and security in what we’re doing and the mission, but no one thinks we have this in the bag,” said a Harris campaign aide. We’ll definitely be having some fun,” an Obama aide told CNN. The former president will kick off his work at a fundraiser he’s hosting for Harris next week in Los Angeles.
Persons: Jen O’Malley Dillon –, Joe Biden, Kamala Harris –, Biden, Harris, O’Malley Dillon, Trump, Liz Cheney, , , “ It’s, ” Harris, Swift, Beyoncé, You’ve, Oprah Winfrey, goading Trump, Tim Walz, Vance, David Plouffe, Barack Obama’s, — carryover Biden, Obama, O’Malley, Plouffe, Hillary Clinton, Dan Kildee, he’s, they’re, ” Kildee, , influencers, Michelle Obama, ‘ There’s, — Harris, aren’t, won’t, Ben Wikler, ” Mitch Landrieu, panicking, she’s, ” Landrieu, there’s Organizations: CNN, Trump, Harris, GOP, National Association of Black Journalists, Philadelphia, Democratic, Naval, Republican National Committee, New, Biden Locations: Wilmington, North Carolina, Arizona, Nevada, Georgia, . Michigan, Wisconsin, Chicago, Miami , New Orleans, Indianapolis, Pittsburgh, Michigan, Washington, Los Angeles, New Orleans
Retail giant Walmart is among this week's most overbought stocks, with an 14-day RSI reading of 81.7. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level. The average price target on the Oakland, California-based stock is nearly 10% below the stock's current price, suggesting a pullback may lie ahead. Analysts estimate Halliburton and APA might rally nearly 60% each, while Occidental's price target is 38% above its current level.
Persons: Clorox, Johnson, Let's, Gabby Jones, Cooper Organizations: Nasdaq, Dow Jones, CNBC Pro, Retail, Walmart, Consumer, Johnson, Energy, Halliburton, APA, . Occidental Petroleum, Occidental Petroleum, Pharmaceutical, Moderna, JPMorgan, Bloomberg, Getty, UDR UDR, Inc, Oracle Corp, CNBC, HAL Halliburton, APA APA Corp, Occidental Petroleum Corp, Walgreens, Body Locations: Arkansas, Oakland , California, Secaucus , New Jersey
His attorney told CNN Patterson is expected to retire as a major, one rank below lieutenant colonel, by November 1. His case is perhaps the most high-profile example of a problem women say has plagued the New Hampshire National Guard for years: A toxic, sexist work environment. The New Hampshire National Guard told CNN in a statement that 2023 was an anomalous year for sexual assault reports. “There’s way too much of ‘foxes guarding the henhouse’ in every angle of the [National Guard Bureau],” the IRC member said. “The National Guard belongs to the governors, and so they can do what they want.”The office of New Hampshire Gov.
Persons: Mark Patterson, Patterson, , he’d, CNN Patterson, , Kennith Kruger, Patterson “, , Katrina Dupuis, Dupuis, weren’t, ’ ” Dupuis, ” Dupuis, she’d, “ aren’t, David Mikolaities, didn’t, Emily Paige Kamal, ” Kamal, Kate Kuzminski, ” Kuzminski, Maj, Charles Johnston, Chris Sununu, Sununu, Jaleesa Ackerman, Ackerman, ’ ”, Keri Wareing, Wareing, ” Wareing, Jeanne Shaheen, they’ve, Shaheen, OCI, Shaheen “, They’re Organizations: CNN, New Hampshire National Guard, Army, National Guard, Guard, New Hampshire National, New Hampshire National Guard’s Army, Department of, New, New Hampshire Department of Military Affairs, Veterans Services, The New Hampshire National Guard, , Pentagon, Military, Veterans, Center, New American Security, Pembroke , New Hampshire . Tech, Defense, Independent Review Commission, National Guard Bureau, New Hampshire Gov, Services, Manchester Police Department, Mikolaities, Criminal, Organization, Independent, Capitol, Senate Armed Services Committee, Senate National Guard Caucus Locations: New Hampshire, Wyoming, NH, The, New American, Pembroke , New Hampshire, New
The WGA won higher pay and residuals for its writers, provisions for minimum staff in television writers' rooms, and more, calling the agreement "exceptional." Advertisement"The conglomerates have the leverage," one TV agent put it. This model could lead to a show getting picked up, but it tended to use fewer writers than regular writers' rooms and pay them less. A third agent said some showrunners are grumbling that while mini-room writers' pay increased post-strike, studios kept the showrunners' pay the same. Marshall, an "Elsbeth" writer and WGA West board member, has been in three writers' rooms since the WGA contract took effect.
Persons: , ProdPro, There's, I've, Zoe Marshall, Marshall, We're, Christian Simonds, Reed Smith, Simonds, Rolling Stone, Jonathan Handel, Puck, Handel Organizations: Service, SAG, WGA, Business, Netflix, Warners, Paramount, Otis College of Art, Hollywood, WGA West, Google, Rolling, Entertainment
Here are Friday's biggest calls on Wall Street: Raymond James initiates Arm as outperform Raymond James said the semis company is well positioned for AI. Citi downgrades Capri Holdings to neutral from buy Citi said the risk/reward is more balanced for the owner of brands like Michael Kors. UBS reiterates Oracle as buy UBS raised its price target on the stock to $200 per share from $175. The feedback on Oracle's top-line growth was overall positive..." UBS reiterates PNC as buy UBS said the bank is a high conviction idea. " Citi resumes Eli Lilly as buy Citi resumed coverage of the stock and says it's well positioned.
Persons: Raymond James, Jefferies, SLG, CFRA, it's, datopotamab, Michael Kors, haven't, Morgan Stanley, EQT, Citi, Eli Lilly, Lilly, Tesla, BEV, Wells Organizations: Arm Holdings, ARM, Citi, Green, Kroger, Macquarie, Rio Tinto, Deutsche Bank, AstraZeneca, Deutsche, Capri Holdings, Barclays, Garmin, GM, BMO, GE, UBS, Oracle, Oracle's, PNC, JPMorgan, Netflix, JPMorgan downgrades Moderna, Nvidia, NVIDIA Locations: GenAI, New York, Rio, RIO, Las Vegas
CNN —Justin Timberlake is expected to plead guilty to one count of driving while impaired in a deal with Suffolk County, New York prosecutors, who agreed to drop a driving while intoxicated charge against the singer, according to a source familiar with the case. The plea will include a to-be-determined fine, though the judge in the case could impose other penalties and still needs to approve the agreement at a hearing scheduled Friday morning, where Timberlake is anticipated to be in attendance. Before the agreement, Timberlake had pleaded not guilty to the DWI charge, a misdemeanor, back in August. Had he been convicted, he could have faced a maximum of one year in prison and a $2500 fine. Justin Timberlake was arrested in Sag Harbor, New York in June.
Persons: Justin Timberlake, Timberlake, I’m Organizations: CNN, Department of Motor Vehicles, Sag Harbor Police, BMW, Police Locations: Suffolk County , New York, New York, , Sag Harbor , New York, Sag, Sag Harbor, New Jersey
Oil prices extend recovery rally to cap volatile week
  + stars: | 2024-09-13 | by ( ) www.cnbc.com   time to read: +2 min
Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures rose by 38 cents, or 0.6%, to $69.35 a barrel. Official data showed nearly 42% of the region's oil output was shut-in as of Thursday. A shift towards lower-carbon fuels is also weighing on China's oil demand, speakers at the APPEC conference said this week. China's crude oil imports averaged 3.1% lower this year from January through August compared to the same period last year, customs data showed on Tuesday.
Persons: Phillips, Hurricane Francine, Brent, Francine Organizations: Brent, . West Texas, UBS, Organization of Petroleum, International Energy Agency, U.S . Energy, Administration Locations: Linden , New Jersey, United States, U.S . Gulf of Mexico, Louisiana, China, U.S
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty ImagesSeptember historically hasn't been kind to stock investors. September is the only month during that nearly century-long period in which investors experienced an average loss, according to Morningstar. Trying to time the market is a losing betAlistair Berg | Digitalvision | Getty ImagesInvestors holding their money in stocks for the long-term shouldn't bail, Yoder said. Don't put faith in market maximsSimilarly, investors shouldn't necessarily accept market maxims as truisms, experts said.
Persons: Spencer Platt, Morningstar, Abby Yoder, Yoder, Alistair Berg, Digitalvision, Edward McQuarrie, McQuarrie, couldn't, J.P Morgan Organizations: New York Stock, Getty, Morningstar Direct, Finance, Morgan Private Bank, Investors, Santa Clara University, Fidelity Investments, Federal Reserve, Investor, Mutual Locations: U.S, Wells, New York City, New York
New York CNN —A year ago, America’s stores declared a shoplifting epidemic. Target also closed nine stores, saying “theft and organized retail crime” threatened worker and customer safety and made business unsustainable. Many retailers’ merchandise losses have stabilized or improved, and chains have publicly dialed back their rhetoric. Their shrink rate — lost inventory as a percentage of sales — is their best estimate for items that go missing. The shoplifting rate in the first half of 2024 was also 10% higher than in the first half of 2019.
Persons: Target, , Michael Fiddelke, Lindsey Nicholson, Gavin Newsom, , Michael Baker, DA Davidson, Donald Trump, William Blair, Walgreens ’, James Kehoe, ” Neil Saunders, “ That’s, it’s, Baker, ” Baker, David Johnston, Duane Reade, Angela Weiss, Ernesto Lopez, Edgar Dworsky, “ We’ve, ” Johnston Organizations: New, New York CNN, Target, Getty, , DA, CNN, Companies, National Retail Federation, Criminal, Retailers Locations: New York, Queens , New York, California, New York City
A woman holds a sign with former President Donald Trump's mugshot while riding the Arizona GOP's float at the Navajo Nation parade on Sept. 7. A man holds a Harris-Walz sign at the Navajo Nation parade in Window Rock, Arizona. Nez, who was swarmed by young children asking for his autograph, served as president of the Navajo Nation for four years until 2023. “One big thing is fixing the roads on the Navajo Nation, putting highways on those dirt roads. The Navajo Nation also used over $520 million in funding from a Biden-backed law to “nearly double” new infrastructure building, the Navajo president’s office announced this year.
Persons: surrogates, , Lomakoyva Manuel, Lorinda Strayhorn, Leo Mann, Mann, Donald Trump's mugshot, Alex Tabet, , Joe Biden, Manuel, Strayhorn, Roland, “ I’m, Harris, Walz, Sen, Theresa Hatathlie, ” Hatathlie, Gina Swoboda —, Swoboda, Trump, Kari Lake, ” Lake, they’ve, Ruben Gallego, Gallego, ” Gallego, he’s, Jonathan Nez, Arizona’s, “ Ruben Gallego, He’s, Eli Crane, Denzel Bia, Steve Blackrock, Deb Haaland, Halee Dobbins, ” Swoboda Organizations: , Navajo Nation, Republican, Democratic, NBC, Uplift, Arizona, State, NBC News, Safeway, NBC News Democratic, Navajo, Trump, , Republican Senate, Democratic Rep, Indigenous, American Child Protection, Senate, Congressional, Democrat, Biden, Interior Department, Republican National Committee’s Locations: Navajo, Albuquerque , New Mexico, Nazlini , Arizona, Arizona, Data, Phoenix, Rock , Arizona, Farms, Black Mesa , Arizona, Republican National Committee’s Arizona
WASHINGTON — Two brothers from Pennsylvania and New Jersey who allegedly assaulted a New York Times photographer and stole her camera after they stormed the U.S. Capitol on Jan. 6, 2021, were arrested by the FBI on Thursday. The men the FBI identified as the Walker brothers, as seen pointing at a New York Times photographer before her assault. “Grabbing my press pass, they saw that my ID said The New York Times and became really angry. Two men the FBI identified as the Walker brothers, seen on the right in face masks, after assaulting a New York Times photographer. Reached Thursday, Schaff referred NBC News to a New York Times spokesperson, who said the paper is grateful to authorities "for their persistence in pursuing justice in this case."
Persons: Philip Walker, David Walker, Walker, Erin Schaff, Schaff, Brian Mock, antifa, , , Nancy Pelosi’s, Danielle Rhoades Ha, sleuths, , Donald Trump, “ Trump, Trump, Jan Organizations: WASHINGTON, New York Times, U.S, Capitol, FBI, The New York Times, NBC, NBC News, U.S . Capitol, Boys, Trump, pitchfork Locations: Pennsylvania, New Jersey, Upper Chichester , Pennsylvania, Delran , New Jersey, Trump
I soon discovered what I was missing while staying at five-star hotels and resorts. The author on the balcony at The Little Nell hotel in Aspen, Colorado. Monica Humphries/Business InsiderFast-forward six months, I explored three more five-star accommodations during a work trip to Australia and New Zealand. I also stayed two nights at The Darling, a five-star hotel that cost a total of $650. Here are the things I found most surprising about trading cheap motels for five-star luxury hotels.
Persons: Little Nell, Monica Humphries, prosecco, Nell, Leonardo DiCaprio, George Clooney, Stevie Wonder, you've Locations: Little, Aspen , Colorado, Australia, New Zealand, Auckland , New Zealand, Britomart, Sydney, Crystalbrook Albion, Surry Hills, Fairmont Chateau Lake Louise, Aspen
Ford in talks to restart making cars in India for export
  + stars: | 2024-09-12 | by ( ) www.cnbc.com   time to read: +1 min
Ford Motor held talks with India's Tamil Nadu state to explore producing vehicles for export, the state's chief minister said, potentially signaling that the U.S. carmaker could restart production in India after exiting the country three years ago. Ford sold one of its two plants in India to Tata Motors in 2023. Its other plant, which is in Chennai in Tamil Nadu state, was shuttered. "Had a very engaging discussion with the team from Ford Motors. Explored the feasibility of renewing Ford's three decade partnership with Tamil Nadu, to again make in Tamil Nadu for the world," M.K.
Persons: Ford, M.K, Stalin Organizations: New York, Auto, Ford Motor, Tata Motors, Ford Motors, Tamil Locations: Manhattan , New York City, U.S, Tamil, India, Asian, Chennai, Tamil Nadu
Last year, Falconi successfully petitioned the Nevada Supreme Court, which ruled that the public has a constitutional right to access Family Court cases. While the court is scheduled to hold evidentiary hearings next week, a decision from the court on media access could come at any time. If a judge does agree to unseal the case, it could have major ripple effects for Nevada family courts. Some have argued that sealing family court cases helps protect the privacy of vulnerable people. Falconi is not working with the media coalition, but said he hopes the national media attention on the Murdoch case will tangentially help his mission.
Persons: Rupert Murdoch, , Murdoch’s, — Lachlan, James, Elisabeth, Prudence, Murdoch, Lachlan, James Murdoch, Kamala Harris, Elisabeth Murdoch, Alex Falconi, Falconi, St James, Victoria Jones, ” Falconi, , “ Doe, Rupert Murdoch “, , “ They’re Organizations: New, New York CNN, HBO, Fox Corporation, News Corporation, CNN, New York Times, Fox, News Corp, Street, New York Post, Silver State, Nevada, American Civil Liberties Union, Spencer, The New York Times, National Public Radio, Nevada Supreme, News Locations: New York, Reno , Nevada, Australia, Nevada, Washoe, “ Nevada, London
CNN —American Lael Wilcox has broken the world record for the fastest woman to cycle around the world, traversing 21 countries and 18,125 miles in three and a half months. “I had so much fun — felt like I could’ve just kept riding forever,” said Wilcox on Instagram following the conclusion of her journey. The 38-year-old Alaskan is an experienced ultra-endurance cyclist, having become the first woman and first American to win the TransAm, a 4,200-mile race across the US, in 2016. For her around-the-world record attempt, Wilcox began in Chicago before cycling to New York. From hometown Anchorage, Wilcox cycled south to Los Angeles, before finishing along Route 66 to Chicago.
Persons: Lael Wilcox, – Wilcox, Jenny Graham, , , Wilcox, Sam Wasson, Rugile Kaladyte, Vedangi Kulkarni Organizations: CNN, Cycling, Guinness, Sipa, AP Locations: Chicago, Scottish, Instagram, American, New York, Portugal, Netherlands, Germany, Balkans, Turkey, Georgia, Perth, Australia, Brisbane, New Zealand, North America, Anchorage, Wilcox, Los Angeles, Glorieta , New Mexico
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Latino economic output grows to $3.6 trillion, new report findsSol Trujillo, Trujillo Group founder and chairman, joins 'Squawk Box' to discuss what people should be paying attention to in LDC's most recent report, how to distinguish between legal and illegal immigration, and much more.
Persons: Sol Trujillo Organizations: Trujillo Group Locations: Trujillo, LDC's
CNN —Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data. “Housing costs rose between 2022 and 2023 for both homeowners and renters,” Molly Ross, a survey statistician at the Census Bureau, said in a statement. Households that spend more than 30% of their income on rent, mortgage payments or other housing costs are considered “cost-burdened” by the US Department of Housing and Urban Development. In 2023, 56.2% of Black or African American households spent more than 30% of their income on housing costs, compared to 49.7% of the total population. About 2.5 million, or 30.6%, of Black households were considered “severely cost-burdened,” meaning they spent more than 50% of their income on housing costs in 2023.
Persons: Molly Ross, Kamala Harris, Donald Trump, Trump Organizations: CNN, Survey, Census, US Department of Housing, Urban Development, Federal Reserve Locations: Florida, Texas , California , New York, Louisiana, Illinois , Kansas , Minnesota, New Mexico , New York, West Virginia
CNN —Madonna was everywhere at this year’s MTV Video Music Awards in New York — and she wasn’t even there. But it was Artist of the Year nominee Sabrina Carpenter who went the extra mile by tracking down a vintage gown from the Queen of Pop’s style archive. Featuring a deep-V neckline and embellished with sequins, pearls and crystals, the white satin gown was designed — and later customized for Madonna — by celebrated fashion designer Bob Mackie. “Maria Schiavo, a well-known fashion stylist, borrowed my sample of this dress for a Madonna cover shoot for Vanity Fair,” Mackie recalled. Nobody else should be seen in that dress.”)Carpenter’s stylist, Jared Ellner, said on Instagram that he acquired the Madonna gown through LA vintage clothing studio, Tab Vintage.
Persons: CNN —, Addison Rae, Anitta, Sabrina Carpenter, , Bob Mackie, Michael Jackson, , Dick Tracy, Madonna, Marilyn Monroe, Ron Galella, Steven Meisel, Mackie, “ Maria Schiavo, ” Mackie, Pop, Fran Drescher, Monroe, Diana Ross, Cher, Anya Taylor, Joy, Katy Perry, Zendaya, Miley Cyrus, Kim Kardashian, Jared Ellner, De, Tab Vintage’s, Alexis Novak, Carpenter, , Evan Agostini, Britney Spears, Spears Organizations: CNN, MTV, De Beers, Vogue, UBS Arena, Billboard, VMA Locations: New York, Monroe, Elmont , New York
What’s more, when kids watched screens with their parents, the study found it didn’t help their language skills. Tulviste said the research team is planning a follow-up study to investigate patterns of screen use during the pandemic and the impact on kids’ language skills. But the negative impact on language development isn’t the only danger kids face when parents and guardians are on their phones, according to past research. The American Academy of Pediatrics offers advice on how to calm kids of different ages without screens on its website. Then, when they leave, I do my best to put my devices away and give my kids my full attention.
Persons: CNN —, , Jenny Radesky, don’t, , Tiia, Dr, Jaan Tulviste, Tulviste, Radesky, Lauren Tetenbaum, , Tetenbaum, — it’s, , it’s, Kara Alaimo Organizations: CNN, American Academy of Pediatrics, Excellence, Social Media, Mental, Estonia’s University of Tartu, University of Tartu, T’s, AAP, , Fairleigh Dickinson University, Women, Press, Facebook Locations: Westchester County , New York
GM's new EV charging hubs look exactly like gas stations. The joint venture with EVgo will produce 400 new charging stalls nationwide. Improving the charging experience is key for EV adoption. Go to newsletter preferences Thanks for signing up! Several large hubs of roughly 20 fast chargers each are being installed in major metropolitan areas in Arizona, California, Florida, Georgia, Michigan, New York, and Texas, for a total of 400 new charging stalls.
Persons: , Wade Sheffer Organizations: EVgo, EV, Service, GM Energy, Business Locations: Arizona , California, Florida, Georgia, Michigan, New York, Texas
"I love how you can invest in properties, you earn money, you have to save money to wait for the best property. Though they may not have pushed Tello-Trillo into economics, her parents taught her about money from a young age. "I see money as a thing that you work really hard for, and then if you want to spend money [it's] because you really, really value something," she says. "But it has to be something that I really, really like, and it has to be something that is going to be useful either for the family or for the home." She and her husband split household expenses equally, and Tello-Trillo handles the mortgage payments for her rental properties on her own.
Persons: Cristina Tello, Trillo, that's, Sebastian, Leo, Tello, she's, Peru wouldn't, Roth Organizations: CNBC, Monopoly, Pontificia Universidad Catolica of, Tello, U.S . Census Bureau, University of Maryland, Washington , D.C, Yale University, YouTube, Leo Insurance, Netflix, Spotify, Amazon, Amazon Prime Locations: Peru, Nicaragua, Pontificia Universidad Catolica of Peru, Bethesda , Maryland, Washington ,, Rochester , New York, Tello, , Bethesda, Rochester, Shenandoah, Northern Virginia
David Dee Delgado | ReutersDETROIT – Stellantis ' U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company's recent sales declines, factory production cuts and other decisions they deem detrimental to the automaker's business. "The market share of your brands has been slashed nearly in half, Stellantis stock price is tumbling, plants are closing, layoffs are rampant, and key executives fleeing the company. We will continue to work with our dealers to avoid any public disputes that will delay our ability to deliver results." Stellantis reported a record profit in 2023, but so far this year, the automaker reported a first-half net profit of 5.6 billion euros ($6.07 billion), down 48% from the same period of 2023. It's part of his "Dare Forward 2030" plan to increase profits and double revenue to 300 billion euros ($325 billion) by 2030.
Persons: Carlos Tavares, David Dee Delgado, Tavares, Kevin Farrish, Farrish, Ford Stellantis, Stellantis, Shawn Fain, Kamala Harris, Tim Walz, Rebecca Cook Organizations: New York, Auto, Reuters DETROIT, United Auto Workers, Chrysler, Dodge, Investor, Bloomberg, Stellantis, GM, Fiat Chrysler, France's PSA Groupe, UAW, U.S, Democratic Locations: Manhattan , New York, U.S, Virginia, Romulus , Michigan
When Nvidia CEO Jensen Huang spoke to Goldman Sachs CEO David Solomon on Wednesday, the banker raised this relationship — and how precarious it is due to rising tension in the Taiwan Strait. This story is available exclusively to Business Insider subscribers. Last year, Huang said he felt "perfectly safe" relying on manufacturing in Taiwan. Though Samsung has some of the same capabilities required to produce the most advanced chips, TSMC is the clear leader. Huang went on to praise TSMC for scaling up to meet the demand that created Nvidia's "hockey stick" earnings in recent years.
Persons: , Jensen Huang, Goldman Sachs, David Solomon, Solomon, Huang, Dylan Patel, Chris Miller, TSMC, Patel Organizations: Service, Nvidia, Wednesday, Business, Samsung, Intel, SEC, Blackwell Locations: Taiwan, Asia, China, Pacific, TSMC, South, Arizona
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