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AdvertisementNew York fans love their basketball team, especially their rookies. Knicks fans have spent the last 20-plus years loving something that hasn’t always loved them back. Even in the most exciting stretches of D’Angelo’s life as a Knicks fan, nothing ever quite felt like this. “Everyone who is a Knicks fan with gray hairs remembers that Charles Smith was fouled in that game against the Bulls,” Converse said. No matter what happens this season, Converse and his boys are ready for this ride.
Persons: Jalen Brunson, Patrick Ewing, LaMelo, Kemba Walker, Tyler Kolek, they’ve, hasn’t, Mike Breen, Jason D’Angelo, Barry Dworkin, Breen, ” D’Angelo, ” Jason D’Angelo, D’Angelo, he’d, Michael Jordan, , , Scottie Pippen, Hubert Davis, Jordan, Charles Oakley, Marcus Camby, John Starks, Pat Riley, “ Camby, P.J, Carlesimo, Ewing, James Dolan, , Dolan, Isiah Thomas, Phil Jackson, Frank Ntilikina, he’s, Leon Rose, Brock Aller, Karl, Anthony Towns, Barry, “ It’s, Ray McConville, ” McConville, McConville, ” Ray McConville, Larry Brown, , LeBron James, James, Amar’e Stoudemire, Stoudemire, Carmelo Anthony —, James ’, They’ve, don’t, Floyd Converse, Converse, it’s, ” Converse, Matthew, James Harden, “ I’m, Donte DiVincenzo, I’m, Charles Smith, Yorkers, He’s, Meech Robinson, Andrew D, Bernstein Nathaniel S, Butler, Jeyhoun Allebaugh, Jeff Zelevansky, Nathaniel S, Sarah Stier, Theo Wargo Organizations: Charlotte Hornets, Eighth, City’s Spectrum, NBA, Knicks, Eastern Conference, WFAN, Nissan Pulsar, TLC, Bulls, of Famer, Chicago, Toronto Raptors, Golden State Warriors, Latrell, San Antonio Spurs, Eastern, Staten, , Yorker, Spurs, Indiana Pacers, “ Knicks, New York, Yorkers, Miami Heat, York, Denver Nuggets, Celtics, New York Yankees, Madison, Garden, Houston Rockets, Rockets, Converse, Donte Locations: Manhattan, York, New York, New, Seattle, Madison, Mecca, , Westchester County, Converse, Chicago
Beloved finger-wagging Hall of Fame center Dikembe Mutombo, one of basketball's most feared shot blockers, died of brain cancer, the NBA announced on Monday. Dikembe Mutombo playing for the Georgetown Hoyas in Landover, Md., on Jan. 1, 1991. The future Hall of Fame coach, who developed future NBA big man Patrick Ewing and had Alonzo Mourning on campus, convinced Mutombo to turn his attention to the hardwood. Mutombo parlayed his Georgetown play into becoming the fourth overall pick of the Denver Nuggets in the 1991 NBA Draft. "Other than what he has accomplished on the basketball court, I think he was even better off the court."
Persons: Mutombo, Dikembe, Mitchell Layton, Marie Mutombo, , Adam Silver, Silver, Mukamba Jean Jacques Wamutombo, John Thompson, Patrick Ewing, Alonzo Mourning, parlayed, Allen Iverson, Kobe Bryant, Shaquille O’Neal, Joel Embiid Organizations: of Fame, NBA, Georgetown Hoyas, Getty, Democratic, NBC News, Georgetown University, Georgetown, Denver Nuggets, Big East Conference, Philadelphia 76ers, Los Angeles Lakers, Kobe, 76ers Locations: Denver , Atlanta, Philadelphia , New Jersey , New York, Houston, Landover, Md, Democratic Republic of Congo, Kinshasa, Cameroon
Biden makes history with 12th Senate-confirmed LGBTQ judge
  + stars: | 2024-09-19 | by ( ) www.nbcnews.com   time to read: +3 min
That surpassed the record of Democratic former President Barack Obama, who had secured the confirmation of 11 openly LGBTQ judges during his eight years in office. Only in the last three decades have presidents nominated openly gay people to the federal bench. Circuit Judge Alison Nathan joined the bench as a trial judge in Manhattan following her nomination by Obama. Circuit Judges Beth Robinson of the 2nd Circuit and Nicole Berner of the 4th U.S. The bulk of openly LGBTQ nominees have come from Democratic presidents, though Republican former President Donald Trump appointed two openly gay judges.
Persons: Joe Biden, Mary Kay Costello, Biden, Barack Obama, Lena Zwarensteyn, ” Zwarensteyn, Costello, Saul Ewing, Akin Gump Strauss Hauer, Feld, Judge Vaughn Walker, George H.W, George H.W . Bush, Deborah Batts, Bill Clinton, Alison Nathan, Obama, Nathan, Beth Robinson, Nicole Berner, Donald Trump Organizations: Democratic, Eastern District of Pennsylvania, Conference, Civil, Human, U.S . Air Force, Temple University, Attorney’s, Eastern, Former U.S, Republican, Gay, U.S, Circuit, Appeals, 2nd, NBC Locations: Philadelphia, Eastern District, San Francisco, George H.W ., Manhattan, New York City
The program had marked a shift in Denver’s strategy of housing migrants in massive temporary shelters to providing individual resources. About 860 people are currently part of the program, which offers six months of housing, job training, language instruction and legal support in filing asylum claims, according to city officials. In addition to ending the program, the city is closing its remaining migrant shelter at the end of the month, Jon Ewing, a city spokesperson who manages communications for Denver’s newcomer response, said Tuesday. Denver, Chicago and New York have had to adapt over the past two years as their migrant populations have grown since Texas Gov. Ewing said Denver is “enormously proud” of its asylum-seeker resource program and its broader migrant response.
Persons: Jon Ewing, Greg Abbott, Ewing, “ It’s, That’s, ” Ewing, , , they’re, Joe Biden, Biden Organizations: Denver, Biden, Denver Asylum Seekers, Texas Gov, Democratic, Customs, Protection, Border Patrol, Patrol Locations: Denver, Chicago, New York, Texas, United States
After 25 years of autocratic rule, a significant portion of Venezuelans in the country and in exile had enormous expectations of change. But of “those millions who have emigrated from Venezuela, criminals are the minority,” he said. In addition, experts on Venezuela told Noticias Telemundo that there is no evidence of a state policy aimed at sending criminals to other countries. The Trump campaign has also stated that Kamala Harris is “intentionally importing millions of illegals in hopes of turning them into Democratic voters,” which is also false. “The campaign does not comment on hypothetical situations,” Florez said, adding that “the Republican National Committee’s statement is identical to that of the Trump campaign."
Persons: Edmundo González Urrutia, Antony Blinken, Edmundo Gonzalez Urrutia, Maria Corina Machado, Federico Parra, Nicolás, hasn’t, Vedant Patel, Maduro, Ryan C, Berg, Mike Johnston, Jon Ewing, Alayna Alvarez, Ewing, Joe Biden, Biden, Trump, , José Antonio Ibarra, Laken Riley, , Ronna Rísquez, Carlos Nieto, ” Nieto, Kamala Harris, Jaime Florez, ” Florez, Harris, “ Harris, ” Casado, Eduardo Gamarra Organizations: United Nations, Refugees, Monday, U.S . State Department, National Electoral Committee, Americas, Center for Strategic, International Studies, Pew Research, TPS, Denver Human Services, U.S, NBC News, Republican National Convention, Venezuelan, of, Victims Monitor, Noticias Telemundo, Democratic, Immigrants, Trump, Republican National Committee, Republican National, Biden, Florida International University Locations: Venezuela, U.S, Venezuelan, Caracas, AFP, United States, , Denver, Colorado, Mexico, Georgia, Milwaukee, Latin America, Florida
In Mr. Musk’s telling, one of Tesla’s main A.I.-based businesses will be driverless taxis, or robotaxis, that can operate pretty much anywhere and in any condition. Tesla is very close to perfecting such vehicles and will easily secure regulatory approval to put them on roads, Mr. Musk said last week on a conference call to discuss the company’s second quarter results. Mr. Musk’s vision of autonomous vehicles, or A.V.s, is not limited to cars that drive themselves. He has also claimed that individuals who buy Teslas would be able to make money when they are asleep or at work by letting the company use their cars as robotaxis. The robotaxi service will, Mr. Musk has said, catapult Tesla’s stock market valuation, around $700 billion now, into the trillions of dollars.
Persons: Elon Musk, Musk’s, Tesla, Musk Organizations: Wall
Electric Cars Help the Climate. But Are They Good Value?
  + stars: | 2024-07-29 | by ( Jack Ewing | ) www.nytimes.com   time to read: +1 min
Electric vehicles cost more to buy than gasoline cars, and they may lose value more quickly. And because electric vehicles are a new technology, there is less certainty than for gasoline-powered vehicles about how the numbers will shake out over time. Most electric cars haven’t been on the road that long, so it’s hard to say definitively how long batteries will remain usable. Lithium-ion batteries, the kind used in virtually all electric vehicles, do lose range over time. Electric cars from Tesla and other automakers have software that does a good job of protecting batteries from excess heat or voltage that can cause damage, especially when charging.
Early industry testing of the Privacy Sandbox tools designed to emulate online targeting produced fairly dire results. Google won't escape regulatory scrutinyIt's unclear whether keeping cookies would allow Google to shake off regulators' grasp of its Privacy Sandbox. In 2022, Google pledged to give the UK's Competition and Markets Authority oversight of its Privacy Sandbox rollout and Chrome cookie removal. A key question now is whether Google's commitments to the CMA need to change now that third-party cookies remain in the mix. And there isn't a clear answer about the future governance of the Privacy Sandbox, to ensure Google doesn't preference its own ad products.
Persons: , Ciaran O'Kane, Bobby Ewing, Jon Snow, they'd, Googler Organizations: Service, Business, Google, YouTube, Apple, CMA
Electric Vehicles May Become Harder to Rent
  + stars: | 2024-07-14 | by ( Jack Ewing | Dionne Searcey | ) www.nytimes.com   time to read: 1 min
If you’ve been wanting to try an electric vehicle, renting can be an affordable option. Electric vehicles have been financially disastrous for rental companies, especially Hertz, which in January scaled back plans to acquire 100,000 Teslas after the cars’ resale values plunged much faster than the company had expected. Hertz’s experience had a chilling effect on its industry, and many rental car companies are now trying to sell off electric vehicles at deep discounts. Last year, more than 4 percent of the cars sold by manufacturers to rental companies were electric, according to S&P Global Mobility. So far this year, that number is just 1.4 percent.
Persons: you’ve, Hertz Organizations: P Global Mobility
The federal government will grant car and auto parts factories in eight states $1.7 billion to begin producing electric vehicles and other clean energy technology, the Biden administration announced on Thursday. Among the 11 recipients will be a Jeep factory in Belvidere, Ill., that the brand’s parent company Stellantis closed last year. The money will allow the plant to reopen and produce electric vehicles, officials said, restoring almost 1,450 jobs. Other beneficiaries include a factory in Georgia that plans to make Blue Bird electric school buses, a General Motors factory in Michigan that will shift production from gasoline to electric vehicles, and a Harley-Davidson factory in Pennsylvania that will increase production of electric motorcycles. The funding helps to address fears that electric vehicles will endanger jobs at factories that make gasoline-powered vehicles or parts for internal combustion engines as the industry shifts to E.V.s.
Persons: Biden, Stellantis, Harley, Davidson Organizations: General Motors Locations: Belvidere , Ill, Georgia, Michigan, Pennsylvania
Tesla’s once-commanding share of the market for electric vehicles in the United States slipped below 50 percent in the second quarter of the year even as sales of battery-powered cars surged to a record, according to new estimates published Tuesday by a research firm. It was the first time the company’s market share fell below 50 percent in a quarter, according to Cox. The firm, a leading auto industry researcher, estimates market share based on registrations, company reports and other data. Before that car, very few electric vehicles were sold in the United States. A year earlier, electric vehicles accounted for 7.2 percent of the market, Cox said.
Persons: Tesla’s, Elon Musk, Cox, Tesla Organizations: General Motors, Ford Motor, Hyundai, Kia, Cox Automotive Locations: United States
Few auto executives are as closely identified with the companies they manage as Elon Musk, the chief executive of Tesla, is. And probably none are more prolific in broadcasting their political views on social media. His image as an erratic, impulsive manager appears to have rubbed off on the cars, raising doubts in some people’s minds about their quality and helping to explain why Tesla sales have been falling. “Musk is a true lightning rod,” said Ben Rose, the president of Battle Road Research, which has a generally positive view on Tesla’s stock. “There are people who swear by him and people who swear at him.
Persons: Elon Musk, Tesla, , , Ben Rose Organizations: Elon, Battle, Research Locations: York
Auto Sales Grew Slightly in Second Quarter
  + stars: | 2024-07-02 | by ( Neal E. Boudette | Jack Ewing | ) www.nytimes.com   time to read: +1 min
Much of the auto industry, with the notable exception of Tesla, reported modest sales growth in the three months through June as high interest rates, high vehicle prices and uncertainty about the economy weighed on consumers. Sales in late June were also slowed by disruptions at car dealers stemming from a cyberattack on a company that supplies software and data services to dealerships. That’s a marked slowdown from the year’s first three months, when sales grew 5 percent. Slow growth is likely to continue through the end of the year, said Jonathan Smoke, Cox’s chief economist. “We probably can’t quite keep the pace of sales of the first half, but we aren’t expecting a collapse in sales.”
Persons: Tesla, That’s, Cox, Jonathan Smoke, , Organizations: Cox Automotive Locations: United States
Volkswagen, the German automaker, said on Tuesday that it would invest up to $5 billion in Rivian, a maker of electric trucks that has struggled to turn a profit, and that the companies would cooperate on software for electric vehicles. Volkswagen said it would initially invest $1 billion in a new joint venture, and over time increase that to as much as $5 billion. The deal provides cash to Rivian, which has struggled to ramp up manufacturing of its electric pickups and sport utility vehicles. The deal could also help Volkswagen, which has struggled to develop software for its electric vehicles and compete with Tesla, by giving it access to Rivian’s software expertise. Vehicles using the new software will go on sale during the second half of the decade, Volkswagen said.
Organizations: Volkswagen, Tesla, Vehicles Locations: German, Rivian
At the turn of the year, the market was banking on six rate cuts beginning in March. Advertisement"The valuation ratio from small caps to large caps right now is at a 24-year low. This is probably one of the best entry points into small and mid-cap stocks," Ewing said. He added that when the Fed starts cutting rates, small caps have historically outperformed. Morningstar holds steady to its expectation of two rate cuts of 25 basis points each for 2024.
Persons: Jerome Powell, James St . Aubin, Brett Ewing, you've, we're, Ewing, haven't, David Sekera, Russell, Sekera Organizations: Service, Federal, Market Committee, Sierra Funds, Fed, Morningstar
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Organizations: New York Times
Tesla shareholders have reaffirmed a pay award of more than $45 billion for Elon Musk, the chief executive, after it was thrown out in a legal challenge. The vote result, announced at Tesla’s annual meeting at its headquarters in Austin, Texas, on Thursday, is a strong sign that shareholders still believe in Mr. Musk, and it could persuade the judge who voided the award to reinstate it. Support for the pay award, made up of stock options, will come as a relief to Mr. Musk’s admirers, who feared that rejection would prompt him to spend less time managing Tesla or even quit. The vote was a setback for investors who had hoped it would send a message about the accountability of chief executives and the limits of executive pay. The outcome may also help Mr. Musk qualify as the world’s richest person, worth well over $200 billion.
Persons: Elon Musk Organizations: Elon Locations: Austin , Texas
Tesla Share Price Is Its Own Referendum on Musk
  + stars: | 2024-06-13 | by ( Peter Eavis | Jack Ewing | ) www.nytimes.com   time to read: +1 min
The Tesla shareholder vote over Elon Musk’s pay is in some ways a referendum on the performance of the company and its chief executive. Late on Wednesday, Mr. Musk claimed victory in a social media post, saying that votes in favor of his pay package were leading by “wide margins,” giving Tesla’s stock a boost. But even before the official results are announced on Thursday, Tesla’s flagging stock price shows that investors have plenty of doubts about Mr. Musk and the electric carmaker’s outlook. Tesla’s shares are down nearly 30 percent this year, even as the broader stock market is up 14 percent. At its peak in 2021, the stock market value of Tesla was $1.2 trillion, putting it in the company of tech giants like Microsoft, Apple and Google.
Persons: Musk, Tesla, Price Organizations: Elon, Microsoft, Apple, Google, Visa, Walmart
Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk became a billionaire many times over while generating huge profits for investors. Even so, Tesla’s shareholders may decide this week that Mr. Musk has been paid too much. With it, he is probably the richest person in the world, worth well over $200 billion. She ruled that Mr. Musk had largely dictated the terms to a board of directors stacked with close friends, people he made rich and his brother.
Persons: Tesla, Musk, Jeff Bezos Organizations: Elon Musk’s, Amazon, Shareholders Locations: Delaware
Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Automakers would make money by serving as intermediaries between car owners and power suppliers. Millions of cars could be thought of as a huge energy system that, for the first time, will be connected to another enormous energy system, the electrical grid, said Matthias Preindl, an associate professor of power electronic systems at Columbia University. “They will interact more in the future, and they can potentially support one another — or stress one another.”
Persons: Matthias Preindl, “ We’re, Preindl, , Organizations: Ford Motor, General Motors, BMW, Columbia University
Electric Cars Are Suddenly Becoming Affordable
  + stars: | 2024-06-03 | by ( Jack Ewing | ) www.nytimes.com   time to read: +1 min
Alex Lawrence, a dealer in Salt Lake City who specializes in used electric cars, has seen a change over the last year in the kinds of customers who are coming into his showroom. Recently, Mr. Lawrence said, customers have been snapping up used Teslas for a little over $20,000, after applying a $4,000 federal tax credit. “We’re seeing younger people,” Mr. Lawrence said. The purchase price of the car has suddenly become in reach.”Regarded by conservative politicians and other critics as playthings of the liberal elite, electric vehicles are fast becoming more accessible. Federal tax credits of up to $7,500 for new electric cars, often augmented by thousands of dollars in state incentives, push prices even lower.
Persons: Alex Lawrence, Lawrence, , Mr Locations: Salt Lake City
Elon Musk, Tesla’s chief executive, offered a personal tour of the electric carmaker’s factory in Austin, Texas, to select shareholders this week. “Please let us know if you have any questions about voting your Tesla shares!” Mr. Musk wrote on X, the social media platform he owns. It was just one of at least a dozen posts that Mr. Musk has published on X in recent weeks as Tesla’s shareholders have been voting on a $46.5 billion pay package for him. To encourage approval of the package, Mr. Musk has shared on X a sizzle reel of Tesla’s vehicles speeding through deserts at dusk. And he has lashed out at investors who have said they will oppose his pay.
Persons: Elon Musk, , Musk Locations: Austin , Texas
Donald J. Trump is crystal clear about his disdain for electric vehicles. The former president has falsely claimed electric cars don’t work, promised to shred President Biden’s policies that encourage E.V. manufacturing and sales, and has said he would slap a “100 percent tariff” on electric cars imported from Mexico if he retakes the White House. But analysts say that even if Mr. Trump is elected and ends federal policies that support electric vehicles, by the time that happens, the market may have reached a level where it would keep growing without government help. A record 1.2 million Americans bought electric vehicles last year, making up 7.6 percent of new car sales and moving the cars and trucks from the margin to the mainstream of the American auto market.
Persons: Donald J, “ You’re, Trump Organizations: Trump, Analysts Locations: Mexico
A week after losing a hard-fought election at two Mercedes-Benz factories in Alabama, the United Automobile Workers asked federal officials on Friday to order a new vote, saying the German carmaker violated labor laws to suppress support for the union. Mercedes-Benz conducted a “relentless anti-union campaign” marked by “wanton lawlessness,” the U.A.W. Among other things, the union said, Mercedes fired four employees who supported the union, prevented pro-union employees from campaigning and forced employees to watch anti-union videos. But the labor board can order a new election if, after a hearing, a regional director determines that improper conduct by an employer affected the vote, a spokeswoman for the board said. A majority of workers “indicated they are not interested in being represented by the U.A.W.,” the company said in a statement on Friday.
Persons: Mercedes, Organizations: Mercedes, Benz, United Automobile Workers, National Labor Relations Board, Workers Locations: Alabama, Tuscaloosa
A congressional investigation found that BMW, Jaguar Land Rover and Volkswagen purchased parts that originated from a Chinese supplier flagged by the United States for participating in forced labor programs in Xinjiang, a far western region of China where the local population is subject to mass surveillance and detentions. BMW shipped to the United States at least 8,000 MINI vehicles containing the part after the Chinese supplier was added in December to a U.S. government list of companies participating in forced labor. Volkswagen took steps to correct the issue. The investigation, which began in 2022 by the chairman of the Senate Finance Committee, Ron Wyden of Oregon, a Democrat, highlights the risk for major automakers as the United States tries to enforce a two-year-old law aimed at blocking goods from Xinjiang. The Uyghur Forced Labor Prevention Act bars goods made in whole or in part in Xinjiang from being imported to the United States, unless the importer can prove that they were not made with forced labor.
Persons: Ron Wyden Organizations: BMW, Jaguar, Rover, Volkswagen, Senate Finance, United States, Labor Locations: United States, Xinjiang, China, U.S, Oregon, United
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