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☆ Inheritance can destroy a family or be a life-changing gift. Here's how I advise my clients as an estate-planning attorney.
▼ + stars: | 2024-10-08 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Dana Blue is an estate-planning attorney who helps families navigate assets after a loved one dies. AdvertisementThis as-told-to essay is based on a conversation with Dana Blue, a 44-year-old estate planning, probate, and real estate attorney in Philadelphia. AdvertisementAfter almost a decade of being an attorney, I've witnessed the variety of ways inheritance has changed people, both positively and destructively. It can isolate you from family membersInheritances can impact family members in different ways and even tear them apart. A brother who moved away 20 years ago and cut himself off from the family will still receive his 50% inheritance.

Persons: Dana Blue, —, I've, client's, there's, didn't, you'll, it's, Lauryn Haas Organizations: Service, Rover, lhaas Locations: Philadelphia

Many of our best mattress guide picks are on sale, including the top overall mattress, the Leesa Sapira Hybrid. View at Leesa What we like Check mark icon A check mark. View at Walmart What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. In addition to our main guide, we have guides devoted to different sleeping styles (like the best mattress for side sleepers), mattress types (see our best foam mattress guide), and tighter budgets, including our best cheap mattress guide.

Persons: I've, We've, I'm, It's Organizations: Business, Amazon Prime, Deal, Prime, Walmart, Helix, Stearns, Foster Locations: Siena

Simon & Schuster“That fucking Putin,” Biden said to advisers in the Oval Office not long after Russia’s invasion of Ukraine, according to Woodward. “This is what Putin plans to do,” CIA Director Bill Burns said to Biden, according to Woodward. Woodward asked Trump aide Jason Miller whether Trump and Putin had spoken since he left the White House. I wouldn’t purport to speak to what President Trump may or may not have done,” Haines said, according to Woodward. As Trump framed his presidential campaign around fear, Woodward writes that Graham said of the former president: “Trump is becoming more erratic.

Persons: CNN —, Bob Woodward, Joe Biden’s, Benjamin Netanyahu, Vladimir Putin, Bibi Netanyahu, he’s, ” Biden, Woodward, Simon, Schuster, Putin, “ Putin, ”, Donald Trump’s, Putin –, Trump, Biden, Netanyahu, Hunter Biden’s, – Woodward, – Biden, “, General Merrick Garland, Barack Obama’s, Barack, ’ Woodward, ” Woodward, Joe Biden, Brendan Smialowski, —, Bill Burns, I’ve, Putin “, Volodymyr Zelensky, Kamala Harris, Harris, Zelensky, Alex Wong, Jake Sullivan, Lloyd Austin, ” Austin, Sergei Shoigu, ” Shoigu, “ Mr, ” Colin Kahl, Abbott, Putin —, Covid —, ” Putin, ” Trump, Donald Trump, Trump’s, Jason Miller, ” Miller, National Intelligence Avril Haines “, ” Haines, ‘ Trump, Sen, Lindsey Graham, ” Graham, Biden “, “ You’ve, you’ve, ” “, Graham, “ Trump, ” ‘ Bibi, Israel, ” Netanyahu, “ Bibi, ’ ” Biden, Saudi Arabia’s Crown Prince Mohammed bin Salman, State Anthony Blinken, Blinken, Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Evelyn Hockstein, Woodard, bin Salman, JAKE SULLIVAN, ” ‘, Garland ’, George W, Bush, Obama, Merrick Garland, ” Bush, Garland, Hunter Biden, “ Hunter, Biden —, ” Blinken, You’ve, that’s, Kevin Dietsch, ” Harris, Joe Manchin Organizations: CNN, Trump, Putin, White House, Villa, Grange, Getty, CIA, Munich Security Conference, ”, White, Pentagon, Russia, National Intelligence, South Carolina Republican, Iranian Revolutionary Guard Corps, Iran, Saudi Arabia’s Crown, State, MBS, Saudi Crown, South, Saudi, “ TRUMP, Biden, intel, Justice Department, Democratic Party, Democratic, Democratic National Convention, United Center Locations: Gaza, Ukraine, Afghanistan, Crimea, Russia, Geneva, AFP, “, Washington , DC, Russian, United States, Helsinki, North Korea, ”, Israel, Rafah, Syria, Iran, Saudi Arabia, Jordan, Beirut, Ula, Saudi, Palestinian, South Carolina, Chicago

North Carolina’s election board voted Monday to give residents in the western part of the state, which was hit hardest by Hurricane Helene, greater flexibility to vote by mail and run their elections. Previously, voters were limited to dropping absentee ballots off at the board of elections or early voting sites in their counties. Some of the planned voting sites are being used as shelters and warehouses for incoming sites, state officials said, while others were damaged or made inaccessible by the storm. The state’s voter registration deadline of Friday was not extended. South Carolina extended its voter registration deadline to Oct. 14, while Georgia officials say election operations are expected to continue smoothly.

Persons: Hurricane Helene, Karen Brinson Bell, Brinson Bell, Ron DeSantis Organizations: Voters, State Board, Florida Gov, Associated Press Locations: Carolina, Georgia

☆ Sovereign AI explained: An AI cloud CEO unpacks what's behind the trend
▼ + stars: | 2024-10-07 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

The company started buying Nvidia GPUs in 2021, getting to the AI cloud computing business earlier than most. CEO J.J. Kardwell describes the company as the largest privately-held cloud computing platform in the world. It also makes the Vultr boss well-positioned to explain a phrase frequently on the lips of AI luminaries like Nvidia CEO Jensen Huang: sovereign AI. Sovereign cloud is the delivery of cloud infrastructure as a service, typically inside a country. BI: AI computing is extremely energy intensive, and concerns about the US grid abound.

Persons: —, it's, J.J, Kardwell, Jensen Huang, we'll Organizations: Vultr, Service, Nvidia, Singtel, Department of Defense Locations: Singapore, Malaysia

☆ Walmart-owned Sam's Club tests a future without checkout lines
▼ + stars: | 2024-10-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +5 min

Sam's ClubGRAPEVINE, Texas — When shoppers walk into Sam's Club's newest store, they'll soon see a shiny blue Mercedes-Benz SUV, a sectional sofa and zero checkout lanes. Sam's ClubSince Walmart's founder Sam Walton opened the first Sam's Club in 1983, the membership-based club has become the more tech-savvy arm of its retail-behemoth parent. Nicholas said upon its reopening, the location will become a testing ground for Sam's Club's newest features and emerging technology. Sam's Club and Costco have roughly the same number of U.S. clubs, but Costco pulls in about twice as much annual revenue. Sam's Club also opened The Clubhouse in August, an approximately 37,000-square-foot office building across from the retailer's headquarters in Bentonville, Arkansas.

Persons: they'll, Chris Nicholas, Sam Walton, It's, Nicholas, you've, Peter Keith, Piper Sandler, — Organizations: Benz, Walmart, Sam's Club, Club, Costco, Sam's, Costco Costco, Costco's U.S Locations: Dallas, GRAPEVINE , Texas, Bentonville , Arkansas, U.S, Grapevine

I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.

Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing

☆ The Russian arms dealer who was exchanged for Brittney Griner is trying to sell weapons to the Houthis: report
▼ + stars: | 2024-10-07 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Viktor Bout is brokering weapons sales to Iran-backed Houthis in Yemen, per The Wall Street Journal. Houthi rebels have been attacking commercial shipping in the Red Sea since last year. AdvertisementThe notorious Russian arms dealer, who was exchanged for US basketball star Brittney Griner two years ago, is trying to sell weapons to the Iran-backed Houthis in Yemen, according to The Wall Street Journal. According to an April Defense Intelligence Agency report, container shipping through the Red Sea has declined massively, alternative shipping routes are increasing voyage costs, and insurance premiums for Red Sea transits have spiked. While the weapons deal reportedly orchestrated by Viktor Bout does not involve anti-ship missiles, it would still represent a notable Russian intervention in the ongoing Red Sea crisis.

Persons: Viktor Bout, Brittney, Houthi, —, Griner, Louise Nevill, Marsh, Antony Blinken, Blinken Organizations: Street, Service, US, Wall Street, Kremlin ultranationalist, Kremlin, Business, April Defense Intelligence Agency, Reuters, Ukraine Locations: Iran, Yemen, Red, Europe, East, Africa, Russia, Moscow, Israel, Gaza

☆ How I built a $2 billion a year super app called Grab: '20 hour' work days
▼ + stars: | 2024-10-07 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

After the business went public in the U.S. in December 2021, it brought in over $2 billion in revenue in 2023, according to documents reviewed by CNBC Make It. As of 2023, Grab also serves over 35 million customers and provides 13 million gig jobs across eight countries in Southeast Asia. "We both really believed we were very blessed [and] we wanted to serve Southeast Asia." There's no arguing, however, that Grab has shaped the very infrastructure of Southeast Asia. In December 2021, Grab went public and listed on the Nasdaq.

Persons: Anthony Tan didn't, Tan Heng, Tan, Tan's, that's, Ferdinand ] Marcos, Hooi Ling Tan, Anthony Tan, Uber, Dara Khosrowshahi Organizations: Kuala Lumpur Stock Exchange, CNBC, Harvard Business School, Base, Malaysian, Nasdaq Locations: Tan Heng Chew, U.S, Southeast Asia, Philippines, Malaysia, Kuala Lumpur, Chi Minh, Vietnam, Manila, Asia, Southeast

☆ The 27+ Best Wayfair Way Day Deals of 2024
▼ + stars: | 2024-10-06 | by ( Ashley Morris | Ashley Morris Is An Associate Seo Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +10 min

Below, I rounded up the best Way Day deals, all of which are highly rated and at least 20% off. SKIP AHEAD Best Way Day deals | More Way Day sales to shop | Best sales at other retailers | How I picked the best Way Day deals | Why trust NBC Select? All shoppers can participate in Way Day, however there will be additional, exclusive deals for Wayfair Professional members. Starting on September 30, daily deals will be offered on select products on each day leading up to and including the Way Day event. Best Way Day salesHere are the best Way Day sales to know about.

Persons: giveaways, Birch Lane, Joss, fryer, Mili Godio, Wayfair Birch, TikTok Organizations: Amazon, NBC, Wayfair Professional, raffles, Walmart, Facebook, Twitter

☆ Top Wall Street analysts favor these stocks for attractive long-term potential
▼ + stars: | 2024-10-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).

Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs

☆ The rise of Grab: How I built a super app that brings in over $2 billion a year
▼ + stars: | 2024-10-06 | by ( Ernestine Siu | ) www.cnbc.com time to read: +1 min

Anthony Tan is the co-founder and CEO of Grab, a "super app" that has built itself into the very infrastructure of eight major Southeast Asian countries. Grab provides day-to-day services, such as ride-hailing, payments and food delivery, to over 35 million users. The company went public on the Nasdaq in 2021 and brought in $2.36 billion in revenue in 2023, according to documents reviewed by CNBC Make It. "In a weird kind of way, I'm grateful because it helped me realize I had no other option but to make it work," Tan said. Watch the video above to learn more about Grab's rise, as well as what the company hopes to accomplish next.

Persons: Anthony Tan, Tan, Uber Organizations: Nasdaq, CNBC, Harvard Business School Locations: Malaysian

That opportunistic vocalist was named Otis Redding, who received a star on the Hollywood Walk of Fame on Friday. Jimmy Jam, a music producer and the master of ceremonies for the unveiling of the star, lauded Redding as legendary. Santiago started off by thanking Zelma Redding, Otis Redding's wife, who attended the ceremony. But this means the world, that here we are, traveling all the way to the West Coast for this honor that will live on forever as the legacy of Otis Redding does," Redding-Andrews said. “I am not a blues singer or an R&B singer,” Redding once said.

Persons: Johnny Jenkins, Jenkins, Otis Redding, Jimmy Jam, Redding, Jam, Michael Santiago, Mike, Santiago, Zelma Redding, Otis Redding's, Martin, Coretta, Malcolm, Betty, Otis, Coretta Scott King, Betty Shabazz, Martin Luther King Jr, Malcolm X, Karla Redding, Redding's, “, ‘, ’ ”, Andrews, ”, Rolling, Little Richard’s, Carla Thomas, Phil Walden, Bob Dylan, Janis Joplin, “ Otis Redding, Bill Graham, ” Redding Organizations: Stax Records, Stax, Hollywood, Rolling Stone, Memphis DJ, Fillmore, Monterey Pop Festival Locations: Memphis, Andrews, West, Macon , Georgia, Georgia, San Francisco, Los Angeles, Sausalito, Madison, Wis, Monterey

“There isn’t anything that we don’t need right now,” said Tim Love, a volunteer at the center. The destruction of major roads, combined with the natural terrain of the southern Appalachians, have made the rapid distribution of aid an ongoing challenge. The devastation in North Carolina and Tennessee has left two major interstates, Interstate 40 and Interstate 26, largely closed down and inaccessible. According to data from the North Carolina Department of Transportation, the entire western border of the state has limited access. Hundreds of road incidents across the region have made numerous roadways blocked and inaccessible due to the damage.

Persons: Hurricane Helene, ”, Tim Love, “ We’ve, we’ve, Chris Spear, ” Spear Organizations: BRISTOL, —, American Trucking Association, NBC News, North Carolina Department of Transportation Locations: Tenn, Unicoi County , Tennessee, Hurricane, Tennessee, “, North Carolina

☆ Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
▼ + stars: | 2024-10-04 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

A general view of the Port of Kharg Island Oil Terminal in Iran on March 12, 2017. Fatemeh Bahrami | Anadolu Agency | Getty ImagesSatellite imagery revealed a number of oil tankers vacating the waters around Iran's key Kharg Island oil loading terminal, amid fears of an Israeli counterattack on Tehran's energy infrastructure. Their empty VLCC supertankers vacated the country's largest oil terminal, Kharg Island, yesterday," tracking firm TankerTrackers.com wrote in a post on the X social media platform on Thursday evening. VLCC tankers are specifically designed to transport large volumes of crude oil. Kharg Island: Iran's largest oil terminalLocated fifteen miles off Iran's northwestern coast, the Kharg Island terminal handles more than 90% of the country's crude exports.

Persons: Fatemeh, TankerTrackers.com, Hassan Nasrallah —, Samir Madani, Sara Vakhshouri, Joe Biden, Biden Organizations: Anadolu Agency, Getty, National Iranian Tanker Company, Copernicus, Sentinel, Sentinel Hub CNBC, CNBC, Kharg, SVB Energy, Brent, West Texas Locations: Kharg, Iran, Israel, Persian, London

☆ Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024. The company said the lower production target — down from 57,000 units to between 47,000 and 49,000 — was because of a "production disruption due to a shortage of a shared component" for its R1 vehicles and commercial van. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be between 47,000 and 49,000 vehicles," the company said in a statement. A Rivian spokesman said the component causing the problem is part of its in-house motors, but he declined to disclose any further details.

Persons: RJ, Morgan, We've Organizations: Rivian Automotive

☆ China play Las Vegas Sands is one of the most overbought names on Wall Street. Here are the others
▼ + stars: | 2024-10-04 | by ( Lisa Kailai Han | Kavitha Shastry | ) www.cnbc.com time to read: +3 min

China stocks have been on an upward tear since then, with the mainland's CSI 300 index rallying over 25% to rise nine days in a row. Shares of Wynn Resorts and Las Vegas Sands have respectively gained nearly 8% and more than 2% this week. Stocks with a 14-day relative strength index reading, or RSI, above 70 are considered to be overbought. The stock has an RSI reading of 82. Fellow China play Wynn Resorts also has a high RSI reading of 86.

Persons: Robin Farley, Vistra, Angie Storozynski, Humana, Stephens, Paul Lejuez, WMT Organizations: People's Bank of China, CSI, Wynn Resorts, CNBC Pro, UBS, China, Seaport Research Partners, Humana, Dollar, Citi, Walmart, omni Locations: China, U.S, Macau

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ Chappell Roan has frustrated fans by canceling shows. PR experts say she made the right call.
▼ + stars: | 2024-10-04 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +17 min

Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.

Persons: Chappell Roan, —, Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman

☆ Red Lobster is a mess. Here’s why the new 35-year-old CEO wanted the job anyway
▼ + stars: | 2024-10-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +10 min

Red Lobster's new chief executive Damola Adamolekun during an interview with CNN at a Red Lobster in Long Island, New York, last week. CNNIn Springfield, he first ate at a Red Lobster with his parents and two siblings after church one Sunday. Red Lobster was where he, like millions of Americans, experienced eating lobster and cracking crab legs for the first time. Beyoncé sang about taking a romantic partner to Red Lobster in her 2016 hit song “Formation.”After Red Lobster filed for bankruptcy, Flava Flav ordered the whole menu to try to save the company. Red Lobster closed more than 100 restaurants this year, including a location in Orlando, Florida, shown this year.

Persons: Damola Adamolekun, “, ” Adamolekun, It’s, ”, Adamolekun, Bill Darden, Mills, Chris Rock, Nicki Minaj, Beyoncé, Flav, “ Mr, ” —, Kevin Lamarque, Clarence Otis Jr, RJ Hottovy, Hottovy, Adamolekun’s, ” Hottovy, ’, Red, Phelan M, can’t, John Paulson, Paulson, P.F, Chang’s, Morgan McClure, Fortress, ” McClure, Brandon Bell, isn’t Organizations: New, New York CNN, CNN, Fortress Investment, Fortress, Red, Boomers, Darden, Thai Union Group, Former Red Lobster, Thai Union, As Thai Union, Thai, Brown University, Harvard Business School, Paulson & Co Locations: New York, Long, , New York, Nigeria, Zimbabwe, Netherlands, Springfield , Illinois, United States, Long Island , New York, Springfield, America, Alexandria , Virginia, Olive, Thai Union, Thai, Orlando , Florida, P.F, Chang’s, Columbia , Maryland, New York City, Scottsdale , Arizona, Austin , Texas

☆ The best deals during Home Depot’s Decor Days sale
▼ + stars: | 2024-10-03 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +5 min

If you’re in the market for any home item, it’s worth checking out Home Depot’s Home Decor Days sale. Below, we have highlighted some of the top deals offered during Home Depot’s Decor Days sale. Best deals during Home Depot’s Decor Days saleWe rounded up the best deals at Home Depot’s Decor Days sale, focusing on categories and items that our readers have shown interest in previously or that are highly rated on Home Depot’s website. This extra firm mattress is 40% off during Home Depot’s sale. It has six speeds and is made for rooms up to 400 square feet, according to the brand.

Persons: you’ve, It’s, you’ll, Bethany Heitman, TikTok Organizations: NBC, Home, Facebook, Twitter

Then this happened.”Herbert said that as he watched the reports of devastation emerging from western North Carolina, he knew he had to act. Shortly after landing in Concord, Herbert was dispatched on his first Operation Airdrop mission to another hard-hit area, Gatlinburg, Tennessee. "Then I started seeing some of the pictures of the devastation in western North Carolina," he said. Holt said volunteer pilots are not allowed to fly missions at night for safety reasons. "Today what was needed was medical supplies, and we had to scramble when we realized we were short," said Lee, 47, of Cornelius, North Carolina.

Persons: ”, Carroll, Gerald Herbert, “, flushable sani, Herbert, Hurricane Helene, I’ve, ” Herbert, Justin Crossie Ryan Holt, Holt, Carrie Lee, Lee Organizations: ”, Cessna, “, Crackers, The Associated Press, Carolinas, Concord, Concord Walmart Locations: Durham , North Carolina, New Orleans, Concord, Florida, Hurricane, Georgia, North Carolina, Gatlinburg , Tennessee, Gatlinburg, Tenn, Niagara , Wisconsin, Banner, Cornelius , North Carolina

☆ Drone deliveries, slow to take flight, come to Silicon Valley
▼ + stars: | 2024-10-03 | by ( Mike Gagliardi | Mike Gagliardi Is A Researcher With The Nbc News Network Desk. | ) www.nbcnews.com time to read: +2 min

Samaras said his research indicated that drone delivery, compared to fossil-fuel truck delivery, consumes up to 90% less energy per package. Zipline, the world’s largest drone delivery service, is among the companies that have received that permission in several states. The company plans to go nationwide with drone delivery in 2026. A spokesperson for Amazon’s Prime Air drone-delivery program told NBC News it hopes to be delivering 500 million packages per year by the end of this decade. The FAA told NBC News that there are currently more than 383,000 drones registered for commercial purposes.

Persons: Samaras, ” Eric Watson, Watson, Yanfeng Ouyang, “, ” Ouyang, ” Organizations: Federal Aviation Administration, NBC, Amazon’s Prime, FAA, NBC News, University of Illinois Locations: Arkansas, Utah, Dallas, University of Illinois Urbana, Champaign

☆ Ship queue grows at U.S. ports as dockworker strike enters third day
▼ + stars: | 2024-10-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

One alternative would be to sail to West Coast ports on the other side of the country, likely using the Panama Canal, a journey of thousands of miles that would hike costs and add weeks to delivery times. Bryan R. Smith / AFP - Getty Images fileThe ILA is seeking a big pay raise along with commitments to halt port automation projects it fears will kill jobs. The USMX had offered a 50% pay bump, but the ILA said it was insufficient to address its concerns. The strike affects 36 ports — including New York, Baltimore and Houston — that handle a range of containerized goods. Biden’s administration has repeatedly said it will not use federal powers to halt the strike.

Persons: ”, Everstream’s Jena Santoro, Bryan R, Smith, USMX, ” USMX, “, Joe Biden’s, Morgan Stanley Organizations: International Longshoremen’s Association, Reuters, ILA, United States Maritime Alliance, Getty, Houston, National Retail Federation Locations: U.S, East Coast, Gulf Coast, West Coast, Panama, Maine, Texas, Bayonne , New Jersey, AFP, New York, Baltimore

☆ Tesla just stopped selling the cheapest version of the Model 3 in the US. An analyst called it 'a smart strategic move.'
▼ + stars: | 2024-10-03 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Tesla just quietly removed its most affordable Model 3 from the US lineup on its website. Analyst Dan Ives called the shift strategic, as Tesla's focus in the US remains on the Model Y. AdvertisementTesla just silently killed its most affordable version of the Model 3 sedan in the US — a good move, one bullish analyst told Business Insider. Now, the cheapest Tesla car is the Model 3 Long Range Rear-Wheel Drive, priced at $42,490. Dan Ives, an analyst at Wedbush and a longtime Tesla bull, told Business Insider that the discontinuation is "a smart strategic move" signaling a greater focus on the Long Range Model 3.

Persons: Tesla, Dan Ives, —, Elon, Ives, Nio Organizations: Service, Reuters, EV, Vehicles, China Cold Tech, US, HSBC, country's, BI Locations: China, US

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