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☆ FTC cracks down on DoNot Pay, others for 'deceptive AI claims and schemes'
▼ + stars: | 2024-09-25 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The Federal Trade Commission on Wednesday announced a crackdown on what the regulator called "deceptive AI claims and schemes" by three business opportunity ventures and two companies, including the legal services firm DoNotPay. "Using AI tools to trick, mislead, or defraud people is illegal," FTC Chair Lina Khan said in a statement. "The FTC's enforcement actions make clear that there is no AI exemption from the laws on the book," Khan said. In a complaint, the FTC said that DoNotPay, which touted its AI service as "the world's first robot lawyer," failed to live up to that claim. "Since about 2023, Defendants' deceptive sales pitch has said their business model is powered by artificial intelligence ("AI")," the suit says.

Persons: Lina Khan, Khan, DoNotPay, William Basta, Kenneth Leung Organizations: Financial Services, General Government, Federal Trade Commission, Wednesday, FTC Locations: Rayburn, CapVentures, Los Angeles

I recently bought a used car, and I ended up getting gap coverage and an extended warranty. Gap insurance is crucialGap insurance is a type of car insurance that covers the difference between what you owe on your car loan or lease and the car's actual cash value in the event that your vehicle is totaled or stolen. So, for me, paying $1,060 extra for gap coverage and also checking to make sure my auto insurance coverage is sufficient is well worth it. If you're looking for the best car insurance, look no further. MaxCare provides coverage for unexpected vehicle repairs after the manufacturer's warranty has expired, protecting you from high out-of-pocket repair costs.

Persons: —, MaxCare, I'm Organizations: Service, CarMax Locations: CarMax

BRUSSELS (AP) — Trade unions and thousands of disgruntled workers are set to demonstrate through the Belgian capital Monday to protest the threat of thousands of layoffs in a state-of-the-art Brussels car factory and other key industries. There was a tide over the past year,” affecting major industries all over Belgium, said ACV union representative Lieve De Preter. To counter the industrial decline, unions are insisting on better company coordination across the 27-nation EU and more say of employees in the running of businesses. The demonstration is set to cause gridlock throughout Brussels for much of the day. This material may not be published, broadcast, rewritten or redistributed.

Persons: Lieve De Preter Organizations: — Trade, Belgian, Audi, EU, Associated Press Locations: BRUSSELS, Brussels, Belgium

Car insurance requirements vary by state — some require more auto insurance coverage types than others. Other common types of coverageOther types of coverage, like gap insurance, rental reimbursement, travel coverage, non-owner car insurance, and towing and labor cost coverage are available options, depending on your insurer. Factors That Influence How Much Car Insurance You NeedIf you're looking for car insurance coverage and are trying to determine how much you need, consider these factors to make the right choice. In Michigan, a state minimum policy would include basic liability coverage and no-fault coverage, including personal injury protection, property protection insurance, and residual liability insurance coverage. Get Car Insurance Quotes Compare affordable car insurance quotes online in minutes.

Persons: Asis Alani Asis, Forbes, She’s, Read Organizations: UM, Business, AARP, CNN, Fortune, U.S . News, Finance, University of Hawaii Locations: Michigan, New Hampshire, U.S, Manoa

☆ 2 ways to improve your blood sugar, from a man who reversed his type 2 diabetes and quit Ozempic
▼ + stars: | 2024-05-27 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

His hemoglobin A1C levels, which are a key measure of how well-controlled a person's blood sugar is, went from 10.1% to 6.1%. He could graphically observe how movement improved his blood sugar. Twin HealthNow, when he sees his blood sugar going up, he laces up. Twin Health said it does not recommend ACV to people with acid reflux, dental problems, or "other medical conditions impacted by high-acidity foods." AdvertisementDonaldson (pictured at center, in suit) in 2022, after starting Twin Health.

Persons: —, Devlin Donaldson, Donaldson, masterclass, he'd, Twin, Nicola Guess, Donaldson doesn't Organizations: Service, Business, Twin Health, Health, Getty, Oxford University, Judson University

☆ A man who lost 40 pounds — and cut 10 inches from his waistline — recommends walking, protein swaps, and drinking vinegar water
▼ + stars: | 2024-05-26 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +8 min

Donaldson in 2018, before he started Twin Health. A screenshot from the Twin app, showing how walking impacts blood sugar control. Tharakorn/Getty ImagesOn the advice of his digital twin, Donaldson has also started diluting a bit of apple cider vinegar into his water glass throughout the day. Now, with his continuous glucose monitor on, he has noticed that drinking ACV does indeed help lower his blood sugar. Twin Health says it doesn't recommend the strategy to everyone, this is just one technique that has worked well for Donaldson.

Persons: —, Devlin Donaldson didn't, He'd, it's, you've, Donaldson, Devlin Donaldson, Ali Waxman, Nicola Guess, influencers, Guess, doesn't, I've Organizations: Service, Health, Business, Judson University, Twin Health, Oxford University Locations: ACV

☆ US Marines debuted a new amphibious combat vehicle, which was previously pulled out of the water after multiple rollovers
▼ + stars: | 2024-05-08 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +4 min

The US Marines' new amphibious combat vehicle made its first overseas deployment in the Philippines. AdvertisementThe Marine Corps ' new amphibious combat vehicle, or ACV, debuted in the Philippines as part of its first overseas deployment after more than a year-and-a-half of limited operations. AdvertisementA US Marine Corps amphibious combat vehicle splashes off the amphibious dock landing ship USS Harpers Ferry (LSD 49) during Exercise Balikatan 24 in Palawan, Philippines. AdvertisementUS Marine Corps amphibious combat vehicles conduct a towing exercise during Exercise Balikatan 24 in Palawan, Philippines. That vehicle, called the amphibious assault vehicle, or AAV, had been used since the 1970s.

Persons: —, ACVs, Col, Sean Dynan, Lance Cpl, Peyton Kahle, Matthew Bylski, Chris Mahoney, Boxer, Military.com Organizations: US Marines, Service, Corps, Marines, Pacific, 15th Marine Expeditionary Unit, Marine Corps, US Marine Corps, . Locations: Philippines, Philippine, South, Camp Pendleton , California, Palawan, Oyster Bay, USS Somerset, San Diego

☆ Top Wall Street analysts suggest these 3 stocks for solid upside
▼ + stars: | 2024-02-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

To select the stocks of such companies that have attractive growth potential, investors can track the recommendations of Wall Street's experts. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. The company recently announced upbeat results for the fourth quarter of 2023 and raised its 2024 subscription revenue and operating margin guidance. "Overall, we believe that paid sharing and advertising would help re-accelerate subscriber and revenue growth while driving high-margin incremental revenue," said Mittal. The analyst also highlighted that while Netflix saw a sixth consecutive quarter of subscriber growth, rival Disney's (DIS) subscriber base has declined for three straight quarters.

Persons: Mike Blake, Wall, ServiceNow, Baird, Robert Oliver, ServiceNow's cRPO, Oliver, TipRanks, Sachin Mittal, Mittal, Bob Iger's, NFLX, Rivian Organizations: U.S, Federal Reserve, TAM, Netflix Locations: Los Angeles

Wednesday's batch of analyst research included bullish calls on a credit card giant and a sports betting name. The firm downgraded the pharmaceutical stock to neutral from overweight and lowered its price target to $55 per share from $68. The bank downgraded the Canadian Solar to underweight from neutral in a Wednesday note and lowered its price target to $22 per share from $32. The analyst noted that the guidance given confirms his bull case for the stock, which consists of a $70 price target. The bank initiated coverage of the credit card giant with an overweight rating and a $184 per share price target — which implies more than 17% upside from Tuesday's close.

Persons: Morgan Stanley, Guggenheim, John DiFucci, there's, Brian Evans, Cantor Fitzgerald downgrades, Myers Squibb Cantor Fitzgerald, We've, Olivia Brayer, Myers Squibb, — Brian Evans, Julien Dumoulin, Smith, Wells, Omar Mejias, Mark Strouse, DraftKings, Stephen Grambling, Grambling, Fred Imbert, millennials, Z, Gen, Terry Ma Organizations: CNBC, Barclays, American Express, Guggenheim, FactSet, Myers Squibb, Bank of America, Wells Fargo, Warner Music Group, accel, JPMorgan, American Locations: Bristol, Generac, Europe, CSIQ

☆ Bank of America upgrades this cloud computing stock that can surge nearly 50%
▼ + stars: | 2023-09-21 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Nutanix has a promising multilever growth story, according to Bank of America. Nutanix, which offers cloud services and software solutions, recently announced a new software-defined platform called " GPT-In-A-Box. " The partnership will combine "the Nutanix cloud platform with Cisco's UCS compute, cloud management, networking and security," said the analyst. Mohan thinks the company could also benefit from Broadcom's upcoming acquisition of cloud computing peer VMware. Ahead of the company's analyst day later this month, Mohan thinks Nutanix can exceed Wall Street consensus estimates.

Persons: Nutanix, Wamsi Mohan, ACV, Mohan, — CNBC's Michael Bloom Organizations: Bank of America, Cisco, VMware, Broadcom, Dell, HP Enterprise Locations: billings

Now, given the current high car costs and interest rates, drivers are shifting their focus to less expensive models. That shift shows in so-called "days to turn" numbers, which measure how long cars are in dealer inventory before being sold. "People have stopped going for top-of-the-line cars and are going for mid-trim cars," he added, "That's where we're starting to see the shift." Paul Waatti industry analyst at AutoPacificFive years ago, there were 12 vehicles selling for an average price of more than $100,000. Know your budget — really Most car buyers use monthly payments to conceptualize how expensive a car is.

Persons: Patrick T, Joseph Yoon, homebuyers, Yoon, Edmunds, Brian Moody, Kelley, Moody, Paul Waatti, Waatti, they're, Tom McParland Organizations: Fallon, Bloomberg, Getty, Finance, Mitsubishi Mirage, Consumers, Chevrolet, Chrysler, Fiat, Honda, Hyundai, Kia, Mazda, Mitsubishi, Nissan, Subaru, Toyota, Volkswagen —, Auto, AutoPacific, Ferrari, Lamborghini, Royce, Automatch Consulting Locations: Autonation, Carvana, Buffalo , New York, Edmunds

☆ Move over Red Bull and Monster. This energy drink stock may be the next big industry breakout, Piper Sandler says
▼ + stars: | 2023-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to buy Celsius Holdings as the firm's energy drinks break away from industry leaders Red Bull and Monster, according to Piper Sandler. "CELH has a differentiated brand that sets it apart from competitors like Red Bull, Monster, other energy drinks, and coffee. It offers a more refreshing alternative to coffee with a strong caffeine boost but without the sugar of most energy drinks," Lavery said to clients in a Tuesday note. "And while leading brands like Red Bull and Monster offer sugar free alternatives, CELH's flavors are primarily fruit-forward and unique," Lavery added. CELH YTD mountain Celsius shares YTD Celsius shares are underperforming this year, down by more than 10%.

☆ Car dealers reveal the 9 questions you should always ask before buying
▼ + stars: | 2023-04-08 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

Many of the car brands with more inventory on lots than others might also have higher loan payments. "The role of a dealer isn't just to sell them a car, it's to help them find the lowest interest rate possible, and that's both new car dealers and used car dealers. "Even based on the specific car, one bank may provide a lower interest rate on a specific sort of make and model." The used car market might be even more complicated for car shoppers than the new market right now. As a result, far fewer car shoppers have opted to lease a car in recent years.

☆ Your car probably isn't worth as much as you think. Here's how to know what it's really worth.
▼ + stars: | 2023-03-18 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

During the peak of car inventory problems, drivers could have traded in used cars for thousands. Meanwhile, the average transaction price for a used vehicle peaked at $31,300 in April 2022, J.D. But, "These used car values have been dropping over the last year. Car buying won't ever revert to normal, but that's all to say, it's no longer the best environment to get thousands of dollars for your used car that's probably worth a lot less (no offense). "While we've seen some cooling since their peak, used prices remain extremely elevated still," Paris said.

☆ Buying a car won't ever go back to normal — so you might as well buy now
▼ + stars: | 2023-03-16 | by ( Alexa St. John | ) www.businessinsider.com time to read: +7 min

What makes it a good idea to buy a car right now? It's important to remember that car buying is probably never going back to "normal." Used prices are expected to go back up again, creating a short window of opportunity. As for interest rates: It's hard to say what will happen in the long run. A cash buyer ready to undertake sufficient due diligence can certainly get a solid deal in today's car market."

☆ 9 questions you should always ask when buying a car
▼ + stars: | 2023-03-15 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

☆ New data shows car thefts are on the rise — here's how auto insurance can help
▼ + stars: | 2023-03-12 | by ( Elizabeth Gravier | Jason Stauffer | ) www.cnbc.com time to read: +9 min

The NICB recommends drivers check to make sure their car insurance policy is up to date, but don't assume that your policy will cover your stolen car. You'll need comprehensive coverage to cover theftWith the exception of New Hampshire and Virginia, every state requires you to have a car insurance policy to drive. One of CNBC Select's top picks, Farmers Insurance, makes coverage cheaper with 22 discounts on car insurance. Take steps to prevent auto theftEven if you do have comprehensive coverage, having your car stolen isn't ideal. While you can take steps to prevent car theft, you'll need to have comprehensive coverage if you want theft to be covered.

☆ The days of sky-high trade-in values are over. Here's how to tell what your car is worth.
▼ + stars: | 2023-03-07 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

☆ ACV CEO George Chamoun on the state of auto industry, chip shortages and market trends
▼ + stars: | 2023-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailACV CEO George Chamoun on the state of auto industry, chip shortages and market trendsGeorge Chamoun, ACV CEO, joins 'The Exchange' to discuss the auto industry chip shortage as the issue begins to clear and what that means for his outlook on the sector.

☆ Salesforce's Marc Benioff defends his statements that new employees — and possibly younger remote workers — are not as productive, in leaked all-hands meeting
▼ + stars: | 2023-01-09 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +5 min

In leaked all-hands audio, he doubled down, then questioned if younger remote workers were less productive, too. And this time, he made a new suggestion — that younger employees not coming into the office may be less productive as well, according to leaked audio of the meeting shared with Insider. "When we look at some percentage of the employees, especially some of the folks that are new employees, are just not as productive." "Are we not managing our remote employees well enough? Employees who heard their CEO repeat these allegations on the productivity of new employees, younger employees, remote employees — particularly in sales — were less than pleased.

There are three components to homeowners insurance: dwelling, personal liability, and personal property coverage. Homeowners insurance has three components: dwelling coverage, personal property coverage, and personal liability coverage. There are limits to standard personal property coverage depending on your policy and insurance carrier, usually $100,000. Jewelry Coverage Homeowners insurance Floater or add-on rider Stand alone like Jewelers Mutual Loss No Yes - appraised value Yes - appraised value Theft Yes* Yes - appraised value Yes - appraised value Damage ** ** Yes - appraised value Mysterious disappearance (unexplained loss) No Yes - appraised value Yes - appraised value Claims process May require you to use jeweler of insurance choice. The Insurance Information Institute notes that although this is more expensive, it offers the broadest coverage, including coverage your standard homeowner's policy doesn't include.

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