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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow China is using Mexico as a backdoor to avoid U.S. tariffsFor the first time in more than two decades Mexico overtook China as the largest importer of goods to the U.S. Mexican goods imported to the U.S. totaled $475 billion in 2023 about $20 billion higher than the previous year. Feuling that trend are simmering trade tensions between Beijing and Washington, an effort to bring U.S. imports closer to home and a burgeoning Mexican manufacturing base. And on top of that, to avoid tariffs, Chinese companies are using Mexico as a backdoor to the U.S.

Organizations: U.S Locations: China, Mexico, Beijing, Washington, Mexican

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Meta and Snap think AR glasses will be the future of computingIn September, Meta and Snap both unveiled augmented reality smart glasses. Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel said AR glasses could be the next generation of computing. The tech giants are the first major players to showcase prototypes following years of R&D and significant investments. CNBC's Julia Boorstin got to try Snap's Spectacles and Meta's Orion AR glasses, coming away impressed. But the technology has major hurdles before it can go mainstream.

Persons: Mark Zuckerberg, Evan Spiegel, Julia Boorstin

Both companies see massive potential for the technology, with a grand vision for AR glasses to usurp smartphones as the next generation of computing. Microsoft has also invested in AR technology for well over a decade, launching its HoloLens headset for enterprise in 2016. While Snap and Meta have debuted AR prototypes, they're still years away from selling those devices to consumers. Snap similarly plans to invest in building out its ecosystem, renting its AR glasses to developers who commit to paying $99 a month for a year for the Spectacles. Watch the video as CNBC's Julia Boorstin tries Meta and Snap's augmented reality glasses and explores the future of this cutting-edge tech.

Persons: Mark Zuckerberg, Evan Spiegel, Chris Cox, CNBC's Julia Boorstin, Apple, Tuong Nguyen, Gartner, they're, Zuckerberg, We're, We've, Spiegel, Boorstin, Julia Boorstin Organizations: Google, Microsoft, Meta

☆ CEO of Nigeria's Air Peace charged in US with obstructing investigation into $20 million fraud probe
▼ + stars: | 2024-10-13 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

The CEO of Nigeria's Air Peace airline has been charged with obstruction of justice. Onyema was charged with bank fraud and money laundering in 2019. AdvertisementAllen Onyema, the CEO and founder of Nigeria's Air Peace airline, has been charged with obstruction of justice in the US, adding to previous charges of bank fraud and money laundering. "The aircraft that was referenced in each of the export letters of credit was never owned or sold by Springfield Aviation," the indictment says. AdvertisementHarry and Markle flew from Nigeria's capital Abuja to Lagos on Air Peace in May, the MailOnline reported at the time.

Persons: Allen Onyema, Onyema, —, Ejiroghene Eghagha, Ryan Buchanan, Prince Harry, Meghan Markle, Andrew Esiebo, Harry, Markle Organizations: Nigeria's Air, Service, Nigeria's Air Peace, US, Office, Northern, Northern District of, Air Peace's, Boeing, Business, Springfield Aviation, Onyema, Archewell, Air Peace, Daily, Nigerian Chief, Defense Staff Locations: Northern District, Northern District of Georgia, Nigeria, Georgia, Lagos, Nigeria's, Abuja, Nigerian

The terror attack has helped push the Middle East to the brink of a wider regional war. One year after the massacre, the Middle East has only plunged deeper into violence and is on the brink of a broader war. Globally, the immediate concern is that oil supplies will diminish significantly should conflict spill over to the rest of the Middle East. Everyone but Biden can see this," wrote Andrew Exum, a former US deputy assistant secretary of defense for Middle East policy, in The Atlantic last week. The global economy on edgeWhen the conflict began a year ago, there were fears that wider conflict in the Middle East could impact the global economy.

Persons: —, Israel, Chuck Frielich, Frielich, Yemen's Houthi, Mohammed Hamoud, barraged, Ammar Safarjalani, Ismail Haniyeh, Haniyeh, Fuad Shukr, Hasan Nasrallah, Qasem Soleimani, JOSEPH EID, JALAA MAREY, Nasrallah, bode, Benjamin Netanyahu, Carmel Gat, Netanyahu, Joe Biden, Biden, Andrew Exum, Brent, Vladimir Putin Organizations: Service, Israel Defense Forces, Hamas, Iranian Revolutionary Guard Corps, The Washington Institute for Near East, Getty Images Iran, Getty, Israel's, United Nations General Assembly, Citigroup, Iranian, US, Middle, Business, Bank of Israel, Reuters, IMF Locations: Israel, Iran, Gaza, Suez, Aden, Red, Palestine, Syria, Damascus, Xinhua, Tehran, Beirut, Haniyeh, Shukr, Lebanon, AFP, Hezbollah's, United States, Ukraine

☆ ‘Desperate Housewives’ at 20: Why Bree Van de Kamp’s style still reigns
▼ + stars: | 2024-10-03 | by ( Jemal Polson | ) edition.cnn.com time to read: +6 min

CNN —With her witty one-liners, meticulous style and comically stoic demeanor, it’s easy to see why “Desperate Housewives” Bree Van de Kamp became a fan favorite among viewers when it debuted 20 years ago today. The housewives: Nicollette Sheridan as Edie Britt, Marcia Cross as Bree Van De Kamp, Eva Longoria as Gabrielle Solis, Felicity Huffman as Lynette Scavo and Teri Hatcher as Susan Mayer. Not only is Cross playing a character, Bree is arguably playing one, too. Mixing high-end streetwear and luxury fashion, Adair sourced clothes from all over Los Angeles, where “Desperate Housewives” was shot — cutting up existing garments to make new ones. By the show’s end, Bree moves away from the mystery state Wisteria Lane is situated in, taking up residence in Kentucky.

Persons: Bree Van de Kamp, Susan Mayer, Teri Hatcher, Lynette Scavo, Felicity Huffman, Gabrielle Solis, Eva Longoria, Marcia Cross, Bree, Marc Cherry, Lady Nancy Reagan, Charlotte, façade, Nicollette Sheridan, Edie Britt, Bree Van De Kamp, Andrew Eccles, Catherine Adair, Rex, Adair, Cross, fiancé George, Dina Bar, Charlotte York, Moshe Brakha, Danny Feld, “, ”, Renee, Vanessa Williams, ” Adair, Marcia, Gabrielle, Susan, She’s Organizations: CNN, Globes, Disney, Housewives Locations: Wisteria Lane, Charlotte York, Los Angeles, Kentucky

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's decade-long journey to robotaxisFor a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. On Oct. 10, Musk is expected to reveal a new vehicle built to operate as a dedicated robotaxi. Despite numerous missed deadlines, investors and fans of the company have held out hope Musk will deliver the robotaxis he's promised. Watch the video for the full story on Tesla's journey to robotaxis to find out if Musk's vision of self-driving Teslas can turn into a reality.

Persons: Elon Musk, Musk, he's

For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. In the decade that Musk has promised driverless vehicles, competitors have made them. Alphabet -owned Waymo already operates a commercial robotaxi service in several U.S. cities, surpassing 100,000 paid rides per week as of August. Amazon -owned Zoox began testing rides for employees in February 2023 with ambitions to launch its own robotaxi service. Watch the video to see the road Tesla has taken to realizing its robotaxi ambitions.

Persons: Elon Musk, Musk, Zoox, Raymond James Organizations: Baidu, U.S, EV, Tesla Locations: China

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the first all-female hacker house in San FranciscoHackHer House is the first all-female hacker house in the San Francisco Bay Area, aimed at empowering women in tech. The house provides affordable living for founders working on startups, from AI-driven tools to senior care solutions. Backed by venture capital, it fosters collaboration in a competitive environment. In a male-dominated industry, this space creates a supportive community where women can thrive. CNBC met with the founders to discuss their vision for the future.

Organizations: San Francisco Bay Area, CNBC Locations: San Francisco, San Francisco Bay

Nearly 1 in 3 Americans may have an undiagnosed iron deficiency, a problem that can lead to fatigue, brain fog and difficulty concentrating, a new study suggests. An analysis of data from more than 8,000 adults in the U.S. revealed that 14% had low iron blood levels, a condition known as absolute iron deficiency, while 15% had the right iron levels but their bodies couldn’t use the essential mineral properly, known as functional iron deficiency, according to the report published Tuesday in JAMA Network Open. Doctors don’t typically screen adults for iron deficiency, which is why the condition has been overlooked in many people. There had been hints in other studies suggesting iron deficiency might be more widespread than doctors assume. The rates of iron deficiency between men and women are more similar after the age of menopause, experts said.

Persons: don’t, ”, Leo Buckley, “, Dr, Andrew Eisenberger, Eisenberger, ” Eisenberger, Brigham, Buckley, Johanna Contreras, Hossein Ardehali, Ardehali Organizations: Brigham, Women’s Hospital, Columbia University Vagelos College of Physicians and Surgeons, Women’s, National Health, Renal Research Institute, Molecular Cardiology, Northwestern University Feinberg School of Medicine, Research Locations: U.S, Boston, Sinai, New York City

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon is using generative AI to deliver packages faster with smarter robots and better routesFor decades, Amazon has set the standard for fast package delivery. When Prime launched in 2005, two-day shipping was virtually unheard of. By March 2024, 60% of Prime items were delivered same or next day. Now Amazon wants to push that number even higher, using generative AI, despite concerns about energy and cost. CNBC got an exclusive look at Amazon's use of generative AI to optimize delivery routes, make more intelligent warehouse robots, and better predict where to stock new items.

Organizations: Amazon, CNBC

☆ How Russia’s Steady Advance Threatens Ukraine’s East
▼ + stars: | 2024-09-11 | by ( Josh Holder | Andrew E. Kramer | ) www.nytimes.com time to read: +6 min

Held by Russia Kyiv UKRAINE PokrovskHow Russia’s Steady Advance Threatens Ukraine’s EastRussia is closing in on a key city in Ukraine’s East in one of the fastest advances for its military since the early days of the war. RUSSIAN ADVANCES Myrnohrad Rail lines Pokrovsk Hrodivka Ocheretyne Russian forces are closing in on a key rail and road hub. Novohrodivka Russian gains since June 1 Held by Russia before June 1 Selydove Avdiivka Russian advances are threatening to encircle Ukrainian troops here. Front line on June 1 RUSSIAN ADVANCES Pokrovsk Novohrodivka Russian gains since June 1 Selydove Rail lines Russian advances are threatening to encircle Ukrainian troops here. Front line on June 1 RUSSIAN ADVANCES Pokrovsk Hrodivka Novohrodivka Russian gains since June 1 Selydove Rail lines Russian advances are threatening to encircle Ukrainian troops here.

Persons: Selydove, Myrnohrad, Avdiivka, Pokrovsk, Pokrovsk Hrodivka, Chasiv Yar, Bakhmut, Yar, DONBAS, Vladimir V, Putin Organizations: Russia Kyiv, Donetsk, American, Planet Labs, Institute for, Russia Kharkiv Locations: Russia, Russia Kyiv UKRAINE, Ukraine’s East, Pokrovsk, Ukraine, Russian, Kurakhove, Chasiv, Kursk, Russia Kharkiv Russia, Avdiivka Donetsk

☆ On Ukraine’s Independence Day, Zelensky Celebrates Push Into Russia
▼ + stars: | 2024-08-24 | by ( Andrew E. Kramer | ) www.nytimes.com time to read: 1 min

President Volodymyr Zelensky, always adept at messaging, used his latest Independence Day speech on Saturday to drive home the idea that Ukraine is taking the fight to Russia, even as his troops struggle along the front line at home. He said the video of the speech was filmed near the site where his troops began a cross-border offensive into Russian territory nearly three weeks ago that caught Moscow by surprise. It was prerecorded from what he described as a location along the Psel River, an area frequently targeted by Russian artillery. “Whoever wished misery upon our land shall find it in their own home,” Mr. Zelensky said of the incursion, which has pushed into the Kursk region of southwestern Russia. He called his military’s operation — which has come after two and a half years of Russia’s all-out, and brutal, invasion of Ukraine — a “boomerang for evil.”

Persons: Volodymyr Zelensky, Moscow, ” Mr, Zelensky, ” Organizations: Russian Locations: Ukraine, Russia, Kursk

☆ Modi Arrives in Kyiv as Ukraine Pushes Diplomacy
▼ + stars: | 2024-08-23 | by ( Andrew E. Kramer | ) www.nytimes.com time to read: 1 min

Prime Minister Narendra Modi of India arrived in Kyiv on Friday, furthering a long diplomatic effort by Ukraine to engage non-Western nations in potential settlement talks in the war with Russia. While many leaders of countries backing Ukraine, including President Biden, have visited Kyiv, Mr. Modi’s trip is the highest-profile wartime visit of a leader of a nation with a neutral stance on the conflict. Ukrainian officials have said that they do not see a mediating role for India, but they portrayed Mr. Modi’s visit as a welcome show of support for their country during the war. The visit is a first by an Indian leader since Ukraine gained independence in 1991. In comments to reporters in Poland before traveling into Ukraine, Mr. Modi said he intended to discuss the war.

Persons: Narendra Modi, Biden, Modi’s, Modi Organizations: India, Mr Locations: Kyiv, Ukraine, Russia, India, Poland

Ukraine pressed ahead with its assault inside Russian territory on Tuesday, a week into the biggest foreign incursion into the country since World War II. While Russian officials on Tuesday insisted that the situation was under control, Col. Roman Kostenko, a member of Ukraine’s Parliament serving in the country’s military, told a local news outlet that the “advance is ongoing.”The cross-border attack caught Russia by surprise and signified a shift in tactics for Kyiv, more than two years after Moscow’s troops poured across Ukraine’s border in a full-scale invasion. The rapid advance by Ukrainian forces has been an embarrassment for the Kremlin and aims to alter the narrative of the war at a time when Kyiv’s forces are stretched thin on the front lines of their own country.

Persons: Roman Organizations: Kremlin Locations: Ukraine, Russia, Ukraine’s

The scenes were decidedly Russian. Flags with the country’s signature three horizontal stripes of white, blue and red. In the Russian town of Sverdlikovo, a Ukrainian soldier climbed onto another’s shoulders, broke off the wooden post anchored to a town council building and threw the Russian flag to the ground. In Daryino, a town five miles to the west, other soldiers also grabbed a Russian flag. “Just throw it away,” a Ukrainian soldier said, grinning, as another flexed his muscles.

Persons: ” Organizations: Gazprom, The New York Times Locations: Russian, Sverdlikovo, Ukrainian

☆ At a Russian Border Post, Scenes of Ruin After Ukraine’s Surprise Attack
▼ + stars: | 2024-08-12 | by ( Andrew E. Kramer | David Guttenfelder | ) www.nytimes.com time to read: 1 min

All that remained of a Russian border post was a tableau of destruction: Sheet metal flapped in the wind, customs declarations fluttered about, and stray dogs roamed under a road-spanning sign that said, “Russia.”Kicking up dust, Ukrainian armored vehicles rumbled past, unimpeded, as the flow of men and weaponry carried on in the biggest foreign incursion into Russia since World War II, an offensive now nearing the end of its first week since the breach of the border here in Sudzha and at several other sites. At the crossing point, a Ukrainian soldier posted on the roadside waved at the forces passing by, days after Russia’s head of the general staff declared that the attack had been rebuffed. At the border, the detritus of a losing battle — and signs of soldiers caught by surprise — were scattered about: bullet cartridges tinkled underfoot, discarded body armor lay on the asphalt.

Persons: ”, — Locations: Russian, Russia, Sudzha, Ukrainian

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the massive power draw of generative AI is overtaxing our gridData centers are being built at a rapid pace to meet the power needs of generative AI, and concerns are mounting about whether we can generate enough energy to fuel the growth. One ChatGPT query takes about 10 times as much energy as a typical Google search and training a large language model can produce as much CO2 as the entire lifetime of five gas-powered cars. Now data centers are building closer to available power, as the invests in alternate energy sources and tries to hard the grid.

After Russian forces took control of his village in 2022, Volodymyr Vakulenko, a well-known Ukrainian author, sensed he might soon be arrested. So he buried his new handwritten manuscript in his backyard, under a cherry tree. Best known in Ukraine for his cheerful and lyrical children’s books, Mr. Vakulenko was seething with anger at Moscow’s occupying forces. Soon enough, Russian soldiers indeed arrested Mr. Vakulenko, and his body later turned up in a mass grave. Six months later, a fellow Ukrainian author, Viktoria Amelina, learned of the buried book, dug it up, wrote a foreword and sent it to a publisher.

Persons: Volodymyr Vakulenko, Vakulenko, Viktoria Amelina Organizations: Russian Locations: Ukraine, Ukrainian

☆ Dysfunction Sidelines Ukraine’s Parliament as Governing Force
▼ + stars: | 2024-07-16 | by ( Andrew E. Kramer | ) www.nytimes.com time to read: 1 min

Ukraine’s Parliament is in a state of disarray. Under martial law, with the country at war, no elections are possible to replace members who switched jobs, joined the army, fled the country or quit. The Parliament regularly gathers with more than 10 percent of its lawmakers absent. President Volodymyr Zelensky’s party, once a political juggernaut, has in effect lost its majority by unraveling into factions. The overall picture, said Volodymyr Fesenko, a Ukrainian political analyst, is of a Parliament sidelined during the war and slipping from its once powerful role in Ukrainian democracy.

Persons: Volodymyr Zelensky’s, Volodymyr Fesenko Locations: Ukrainian

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeet the AI-powered robots Big Tech is betting can solve the global labor crisisHumanoid robots are catching the attention, and billions of investment dollars, from Big Tech companies like Amazon, Google, Nvidia, Tesla and Microsoft. Powered by AI, these bots have seen quantum leaps in what they're capable of in just the past few years. CNBC's Kate Rooney speaks with Agility Robotics, Apptronik, Sanctuary AI and others to explore the rise of these AI-driven humanoids, if they're a cure-all for our global workforce problems, or if this is yet another tech bubble.

Persons: CNBC's Kate Rooney Organizations: Big Tech, Google, Nvidia, Tesla, Microsoft, Robotics

They first appeared as a cloud of dust on the horizon. A few seconds later, the motorcycles carrying Russian soldiers sped into view, zigzagging across a field, kicking up dust, attempting a noisy, dangerous run at a Ukrainian trench. “They moved fast, they spread out and they swerved,” said Lt. Mykhailo Hubitsky, describing the Russian motorcycle assault he witnessed. It’s a type of attack that has been proliferating along the frontline this spring, adding a wild new element to the already violent, chaotic fighting. These nonconventional vehicles have been turning up with such frequency that some Ukrainian trenches now overlook junk yards of abandoned, blown up off-road vehicles, videos from reconnaissance drones show.

Persons: ”, Mykhailo Hubitsky Locations: Ukrainian

☆ 34-year-old making $400,000 at TikTok: Being let go from Meta in 2022 was 'perfect timing'
▼ + stars: | 2024-06-24 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +13 min

TubeMogul was competing for an ad tech partnership with Netflix, so Lee learned about the company's own technology and culture. Lee started working at Netflix on its digital marketing programmatic buying team in 2014, earning a salary of $110,000. "It was actually perfect timing that I got laid off," Lee says of being part of Meta's November 2022 job cuts. While she wants to continue increasing her salary, money alone isn't enough. On her TikTok, YouTube and Instagram accounts, Lee shares career and lifestyle advice based on her experiences.

Persons: Sora Lee, Lee, Mickey Todiwala, she'll, hustles, Lee didn't, she's, you've, TubeMogul, Andrew Evers, Lisa Setyon, haven't, Jackson, Tesla, doesn't, I'm, Lee isn't Organizations: CNBC, University of California, TikTok, ByteDance, Netflix, Meta, Facebook, Child, Savings, Porsche, YouTube Locations: Berkeley, South Korea, San Mateo , California, TikTok, RSUs, TubeMogul, New York, Austin , Texas, Los Angeles, Meta's, Lake Tahoe, U.S

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Organizations: CNBC

A Ukrainian reporter who revealed that a state news agency tried to bar interviews with opposition politicians said he received a draft notification the next day. Ukraine’s domestic spy agency spied on staff members of an investigative news outlet through peepholes in their hotel rooms. Journalists and groups monitoring press freedoms are raising alarms over what they say are increasing restrictions and pressures on the media in Ukraine under the government of President Volodymyr Zelensky that go well beyond the country’s wartime needs. “It’s really disturbing,” said Oksana Romanyuk, director of the Institute of Mass Information, a nonprofit that monitors media freedoms. That is particularly true, she said, in a war where Ukraine is “fighting for democracy against the values of dictatorship embodied by Russia.”

Persons: Volodymyr Zelensky, “, ”, Oksana Romanyuk Organizations: of Mass Locations: Ukrainian, peepholes, Ukraine, Russia

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