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Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.
Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, , Ricardo Ferreras, , ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, , Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool
AdvertisementStill, not every project Reiser has ever done has been a slam dunk like "Aliens," "Mad About You," or "Stranger Things." On why playing Dr. Owens in 'Stranger Things' was an 'acting challenge'Millie Bobby Brown as Eleven and Paul Reiser as Dr. Owens on "Stranger Things." I don't know. No, but they've indicated that I will be part of it somehow, so you'll know as soon as I know. I have this really nice trip planned and I'm really looking forward to it.
Persons: Paul Reiser, Reiser, Angelo Powers, Yassir, Isaiah Lester, Shameik Moore, Angelo, It's, Owens, Millie Bobby Brown, Netflix Burke, I'm, David, Ryder, it'd, you'll, What's, You've, Helen Hunt, Jamie, Paul Buchman, Gary Null, Helen, you've, I've, Burke, Sigourney Weaver, Ripley, Colm Meaney, nobody's Organizations: New, Hills, Netflix, Getty, USC Locations: New York, David Harbour, Winona, Italy
Boxing Hall of Famer Mike Tyson is coming out of retirement to fight YouTuber-turned-boxer Jake Paul. AdvertisementMike Tyson will fight Jake Paul in Netflix's first-ever professional sports livestream on Friday. Jake Paul made a deal with Netflix and then got Mike Tyson involvedMike Tyson will come out of retirement to face Jake Paul. Advertisement"The old generation of boxing with the new generation of boxing all being mixed into one," Jake Paul said. "I'm here to make $40 million and knock out a legend," Jake Paul said at a press conference in August.
Persons: of Famer Mike Tyson, YouTuber, Jake Paul, , Mike Tyson, Tyson, Jake Paul's, YouTube Jake Paul, Cooper Neill, Logan Paul, Paul, Joe Weller, Deji, KSI, Talksport, influencers, Tommy Fury, Floyd Mayweather Jr, Nakisa Bidarian, Mike Angel, Netflix Tyson, Roy Jones Jr, Nate Robinson, Jimmy Kimmel, Gabe Spitzer, Mike, Netflix's livestream, Tyson's, Katie Taylor, Amanda Serrano Organizations: of Famer, Netflix, Service, The New York Times, WWE, NFL, Boxing Hall of Famer, YouTube, UFC, Boxing, ESPN, T, USA, Texas Department Locations: Netflix's, KSI, British, Arlington , Texas
The most financially successful event to date was the first-ever Grand Prix in Las Vegas, which generated close to $1.5 billion in economic value, according to local officials. But communities had been feeling F1's local impact even before it broke into the United States. The Australian Grand Prix's economic impact came in around 266 million Australian dollars ($180 million) in 2023, according to EY. "We think it provides enormous economic impact to the state of Victoria and to Melburnians," he added. From Melbourne and Monaco to Abu Dhabi and Silverstone, learn more about F1's local impact by watching the video above.
Persons: Stuart Pringle, Pringle, CNBC's, Travis Auld Organizations: Silverstone Circuit, Formula, Grand Prix Corporation, Silverstone Locations: Las Vegas, United States, Britain, British, Melbourne, Australia, Victoria, Monaco, Abu Dhabi
Alex Karp touted Palantir's blockbuster earnings in a triumphant investor call. He said AI models are commodities — it's what you do on top of them that counts. Other Palantir execs have helped shift the focus away from Karp. AI models are commodities — it's what you do on top that counts. Palantir execs were surprised by the company's quarterly earnings.
Persons: Alex Karp, , Karp, Palantir's, Shyam Sankar, Akash Jain —, Palantir, They're, Sankar, Jain, Ryan Taylor, Taylor, Palantir execs, he'd, Maven Organizations: Service, US Army Locations: US, Ukraine
The “leader of the free world” always holds a huge sway over the 7.9 billion people who don’t get a vote. The election “will have significant implications virtually for everyone in the world — for good or evil,” said Dong Wang, an international studies professor at Peking University. Trump and Harris have “completely different competing visions of the global order,” said Wang, executive director at the university’s Institute for Global Cooperation and Understanding. And so influential Chinese observers see Trump as one who brings unwelcome chaos and unpredictability — as well as his beloved tariffs. During his first term, he started a trade war with Beijing, imposing $360 billion in tariffs on Chinese goods.
Persons: don’t, Donald Trump, Kamala Harris, , Thomas Shannon Jr, Harris, , Shannon, Trump, Barack Obama, George W, Bush, Dong Wang, Wang Organizations: United, State Department, Peking University . Trump, university’s Institute for Global Cooperation, Biden, Trump Locations: East, Europe, , , U.S, Beijing, China, Washington, Taiwan
Once Top Advisers to Trump, They Now Call Him ‘Liar,’ ‘Fascist’ and ‘Unfit’ Many of those who served in former President Donald J. Trump’s administration — especially his generals, ambassadors and other national security officials — have since turned on Mr. Trump. Mr. Trump and those around him rejected the criticism as little more than sour grapes. Mr. Pence ran against Mr. Trump and refused to endorse him. director , said when asked if Mr. Trump would be sentenced to jail time after being convicted of falsifying business records. People who once worked for Mr. Trump at the highest levels now describe him as unintelligent, chaotic, a danger to American democracy and more.
Persons: , Donald J, , Trump, , Mark Milley, John Kelly, John, Nikki Haley U.N, Rex Tillerson, Mike Pompeo, Trump’s, Bob Woodward, Mr, Woodward, Milley, Kelly, Milley denigrating, Mike Pence, Pence, Kamala Harris, Harris, ’ ” John Kelly, “ Donald Trump, ” James Mattis, ” John, Ill, “ Trump, H.R, ” James Comey F.B.I, ” Rex Tillerson, ” John Kelly White, ” Richard Spencer, it’s, ” Nikki Haley U.N, baselessly, ” Tom, I’ve, , Mark Organizations: Trump, , Mr, Chiefs, John Bolton, Marine Corps, ” John Bolton, McMaster National, United, ” John Kelly White House, Republican, Capitol Locations: United States, , American
Ford CEO Jim Farley says he's been driving the Chinese tech giant Xiaomi's EV for the past six months. AdvertisementFord CEO Jim Farley says he doesn't want to give up the Xiaomi Speed Ultra 7 he's been driving for the past half year. "I don't like talking about the competition so much, but I drive the Xiaomi," Farley said while speaking to the British presenter Robert Llewellyn on "The Fully Charged Podcast." The Chinese tech giant produces three versions of the car: SU7, SU7 Pro, and SU7 Max. Competing with rivals such as Xiaomi will be critical for Ford as it formulates its approach to the EV market.
Persons: Jim Farley, he's, Farley, Xiaomi, , Robert Llewellyn, Llewellyn, I've, SU7 Max, Farley didn't, They're, BI's Matthew Loh, Loh, John Lawler, Jim, Lawler, Ford Organizations: Service, Ford, Business Insider, EV, China, Street, Changan Automobile, Research, Business Locations: British, Shanghai, Chicago, China, Brazil, Thailand
Gen Z behavior was shaped by missing formative years during the COVID-19 pandemic. Gen Z has a lot to offer companies who know how to nurture it, experts told BI. But many Gen Zers don't agree with them, and some believe they are holding them back at work. Chang said Gen Zers prioritize companies that offer perks such as mental health days and wellness workshops. Some companies are already doing this and making themselves attractive to Gen Z talent.
Persons: Z, , Zers don't, Max Jones, It's, Richard Wahlquist, Boppana, Gen Zers, I've, she'd, Claude Akinsanya, Zers, Akinsanya, Gen, Rhea Moss, Gen Z, " Moss, Jones, Jeanie Y, Chang, Forbes, Chipotle, Moss Organizations: Service, American Staffing Association, Accenture, Nike, Morning Locations: London
China's car sales snap five-month decline on subsidy boost
  + stars: | 2024-10-12 | by ( ) www.cnbc.com   time to read: +2 min
China's passenger vehicle sales rose 4.3% in September from a year earlier, snapping five months of decline with a boost from a government subsidy to encourage trade-ins as part of a broader stimulus package. Sales in the world's biggest auto market hit 2.13 million vehicles in September, up from 2.04 million a year earlier. For the first nine months, sales were up 1.9% from 2023 levels, according to data from the China Passenger Car Association (CPCA). Sales of electric vehicles and plug-in hybrids jumped 50.9%, accounting for 52.8% of overall sales. It was the third month in a row that battery-powered vehicles including plug-ins outnumbered sales of gasoline-engine cars in China.
Persons: Tesla, Xpeng, China's Organizations: China Passenger Car Association, Global Locations: Chaoyang district, Beijing, China, U.S
A trio of emergencies has all struck just five weeks ahead of the 2024 presidential election. Both Donald Trump and Kamala Harris will be forced to reckon with the crises in the final days of their campaigns. AdvertisementViolence in the Middle East, a massive labor strike among East Coast and Gulf Coast dockworkers, and the devastation of Hurricane Helene all struck with only five weeks before the 2024 presidential election. "What we've seen out of Vice President Harris is we've seen steady leadership," he said when talking about the Middle East. What matters most now is how the candidates' messaging lands with specific communities impacted by these crises, Loge said.
Persons: Hurricane Helene, Donald Trump, Kamala Harris, , Israel, Peter Loge, David Jones, Trump, Joe Biden, Randall Adkins, Adkins, Loge, it's, Sen, JD Vance, Tim Walz, Vance, Harris, Walz, Biden, she's, BRYAN R, SMITH, Jones, Grace Cary, Helene Organizations: Service, East, School of Media, Public Affairs, George Washington University, Baruch College, City University of New, Trump, University of Nebraska, Gov, Logistics, JPMorgan, Getty, Biden Locations: Hurricane, East Coast, Gulf Coast, East, Middle, Iran, Israel, Lebanon, Tehran, City University of New York, University of Nebraska Omaha, American, Arizona, Georgia, Wisconsin, North Carolina, Michigan
Tesla reported third-quarter sales on Wednesday. AdvertisementTesla reported third-quarter sales of 462,890 on Wednesday morning, its first quarter-over-quarter gains this year. Analysts had expected 462,000 vehicle deliveries for the period ending September 30. AdvertisementStill, Tesla will have to make monumental increases in the final three months of the year to put 2024's figures ahead of the previous year,Reversing the sales slowdown at Tesla is a much-needed win for Musk's car company. AdvertisementAnd as new vehicle sales fall regardless of powertrain, Musk has touted autonomy as the latest driver of Tesla's growth story and one that investors should pay more attention to than sales.
Persons: Tesla, , Elon Musk, Dan Ives Organizations: Global EV, Service Locations: Wedbush
Chinese Tesla rivals Zeekr, Xpeng, and Li Auto announced record monthly deliveries this week. That puts pressure on Tesla, which is also expected to announce strong numbers on Wednesday. Elon Musk's automaker is facing fierce competition in China, with rivals rolling out their own cheap EVs. Advertisement3 of Tesla's Chinese EV rivals have had a very good month — and they've thrown down a gauntlet for Elon Musk. Chinese EV makers Li Auto, Zeekr, and Xpeng all announced record September deliveries this week, putting pressure on Tesla as it prepares to release its own numbers on Wednesday.
Persons: Zeekr, Elon, , Elon Musk, Li Auto, Xpeng, Tesla, Li, catchup Organizations: Li Auto, Elon Musk's, Service, EV, Li, Wall Street, London Stock Exchange, Reuters Locations: China
CNN —The man who authorities say sat with a rifle in the trees where Donald Trump was golfing earlier this month in West Palm Beach, Florida, previously wrote a letter stating “this was an assassination attempt on Donald Trump,” according to a new filing by federal prosecutors. One letter, addressed to “The World” said: “This was an assassination attempt on Donald Trump but I failed you. I tried my best and gave it all the gumption I could muster. Routh, 58, was charged with two firearm offenses last week after allegedly fleeing the Trump International Golf Course. Routh’s recent background included a stint in Ukraine, where he unsuccessfully tried to be recruited to fight Russia, as well as time in Hawaii working in construction.
Persons: Donald Trump, Ryan Wesley Routh, ” Trump, Routh, Trump, ” Routh Organizations: CNN, Trump, Prosecutors, Service, of Locations: West Palm Beach , Florida, Iran, Ukraine, Russia, Hawaii
London CNN —Foreign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. Ford (F) and General Motors (GM) are also among firms seeing sales and market share vanish in China as local consumers spurn overseas brands to buy Chinese instead. The American automaker’s sales in China have halved from a peak of above 4 million in 2017 to 2.1 million last year. Last year, BYD sold a record 3.02 million vehicles globally, including plug-in hybrids, up 62% from 2022. Months later, Stellantis (STLA), which makes Citroen, Fiat, and Peugeot cars, bought a 20% stake in Chinese EV maker Leapmotor for about €1.5 billion ($1.7 billion).
Persons: Arno Antlitz, GM’s, Mary Barra, , Michael Dunne, Dunne, Xi Jinping’s, Tesla, Yilei Sun, Reuters Tesla, Li, Tu Le, Le, BYD, ” Dunne, Raul Bravo, Stellantis, Organizations: London CNN — Foreign, Volkswagen, Wolfsburg, Toyota, General Motors, China Passenger Car Association, Foreign, Japan’s Mitsubishi Motors, Honda, Hyundai, Ford, GM, EV, Tesla, Yilei, Reuters, International Energy Agency, , CNN, Visitors, Automotive, Xinhua, Shutterstock, Auto, “ Global, UBS, Port, Citroen, Fiat, Peugeot, Leapmotor, Hedin Locations: China, London, Germany, Europe, American, Shanghai, Tesla's Shanghai, Beijing, EVs, Japan, North America, San Antonio, Chile, Chilean, AFP, Xpeng, Thailand, Hungary
Despite the gloom about grocery costs, food price increases have generally been cooling for months. A central issue has plagued the Biden administration for most of its term: the steep rise in grocery prices. Despite the gloom about grocery costs, food price increases have generally been cooling for months. Image Several economists said they expected to see grocery inflation remain around current rates in the coming months. Grocery inflation remains a major political issueHigh food costs continue to pose a political challenge for the Biden administration.
Persons: Biden, Donald J, Trump, , David Ortega, Ortega, “ We’re, Mr, Jessica Attie, Omair Sharif, Sharif, Kamala Harris, Christopher B, Barrett, Jerlyn, , Heisz Organizations: Bloomberg, Federal Reserve, Investors, Republican, White, Workers, Michigan State University, The New York Times, Agriculture Department, KPMG, Democratic, PepsiCo, Cornell University Locations: Ukraine, Platteville, Wis
A recent survey of Morgan Stanley's 2024 interns found that the "Tesla 'cool factor' is cooling" among Gen Zers in the US. Despite competition in the EV market becoming stiffer than ever, Tesla has not majorly refreshed its aging car models in years. AdvertisementInstead, Musk has been pivoting Tesla's future toward robo-taxis, but Gen Z doesn't seem interested. Robo-taxis will likely not be Tesla's saving grace, as 51% of Gen Z interns surveyed said they thought owning or leasing a car would still be necessary by 2030. AdvertisementAnd, for the Gen Z interns surveyed, it probably won't be an EV at all.
Persons: , Morgan Stanley's, Zers, Morgan Stanley, Mercedes, Ivan Drury, Elon Musk, Drury, Gen Zers, Tesla, Musk, Z Organizations: Service, BMW, Business, EV, McKinsey Locations: Edmunds, Ukraine
PARIS — Lighting the Olympic cauldron symbolically opened these Games — and, as much as possible, might have also taken a torch to some awful pandemic memories. The past two Games were staged in bubbles in and around Beijing and Tokyo as Covid was still a factor. And while some athletes have tested positive for Covid during the Paris Games, they have not upended competition. (NBC News is a division of NBCUniversal, which owns the U.S. media rights to the Olympic Games through 2032.) French fans have been wildly cheering for their athletes and team throughout these Games — so much so, that even Americans have taken notice.
Persons: we’ve, , Covid, Thomas Samson, , Keylle Fabrino, “ It’s, Selma Attie, ” Mark Lazarus, Katie Ledecky, they’ve, Léon Marchand, ” Ledecky Organizations: PARIS, Paris Games, Getty, Brasil, NBC, Olympic Games, NBC Universal Media Group, Los Angeles, Paris La Défense, U.S Locations: Taiwanese, London, Beijing, Tokyo, Paris, Brazil, France, NBCUniversal, Los Angeles, Inglewood
The stunning transformation of the 2024 presidential race will reach new heights Tuesday when Vice President Kamala Harris unveils her running mate after a sequence of events that left Republican nominee Donald Trump flailing. Harris is due to join her vice presidential pick at a rally in Philadelphia that will kick off a joint sprint across an electoral map expanded by President Joe Biden’s shelving of his own reelection bid just over two weeks ago. In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. Read Collinson’s full analysis on Harris as she is set to announce her VP pick.
Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, Read Organizations: Republican, Minnesota Gov, CNN, Democratic, Trump Locations: Philadelphia, Arizona, Wisconsin, Michigan
In the final hours of her search after a compressed vetting period, Harris narrowed in on two candidates — Pennsylvania Gov. Tim Walz, 60, sources told CNN, although Arizona Sen. Mark Kelly remained in the running as of Monday afternoon. But perception is often as important as reality in a presidential race. A critical choiceThe choice of a running mate is the first, most critical decision a party nominee makes. Still, Harris’ strong start appears to have restored the election to a neck-and-neck race, according to recent surveys.
Persons: Kamala Harris, Donald Trump flailing, Harris, Joe Biden’s, Josh Shapiro, Tim Walz, Arizona Sen, Mark Kelly, Shapiro, Walz, Trump, Biden, Harris ’, White, Barack Obama, Republican John McCain, Ismail Haniyeh, Israel’s, Benjamin Netanyahu, Jake Auchincloss, , CNN’s Kasie Hunt, Harris Trump, Kamala, , it’s, Ohio Sen, JD Vance, Sarah Palin, , don’t Organizations: CNN, Republican, Minnesota Gov, Democratic, Trump, Dow Jones, US, Federal Reserve, Biden, United States ., Israeli, Massachusetts Democrat, Ohio, Democratic National Convention, White Locations: Philadelphia, Arizona, Wisconsin, Michigan, Israel, United States, Iraq, Iran, Tehran, Gaza, Massachusetts, Chicago, Atlanta, Pennsylvania
Bach said there was “never any doubt” about Yu-ting and Khelif being women. The decision came shortly after Khelif beat Russian boxer Azalia Amineva, who was previously undefeated. Jan Woitas / dpa / picture alliance via Getty Images“I strongly condemn the baseless attacks on our athlete, Imane Khelif, by certain foreign outlets,” Abderrahmane Hammad, Algeria’s minister of youth and sports, wrote on X. “Simply put, Imane Khelif and the other athletes being targeted met the criteria to compete in the Olympics. Yu-ting, 28, beat Uzbekistan’s Sitora Turdibekova on Friday and will face Bulgaria’s Svetlana Kamenova Staneva on Sunday.
Persons: Imane Khelif, Thomas Bach, Lin Yu, Hungarian Anna Luca Hamori, Khelif, , Bach, ” Bach, Angela Carini, Carini, Yu, Fabio Bozzani, Umar Kremlev, Vladimir Putin, Azalia Amineva, , Amar Khelif, Sheng Jiapeng, ” Carini, Harry Potter ”, J.K, Rowling, she’s, ” Rowling, Donald Trump, Jan Woitas, Imane, Abderrahmane Hammad, ” Ismaël, Nikki Hiltz, ” Khelif’s, Hungary’s Anna Luca Hamori, Uzbekistan’s Sitora Turdibekova, Svetlana Kamenova Staneva Organizations: Olympic, Hungarian, IOC, Paris Games, Khelif, Getty, International Boxing Association, Tokyo Games, Reuters, International Olympic, Algerian national, Olympic Games, Black Justice, Locations: Italy, Algerian, Anadolu, New Delhi, Russia, Paris,
The athletes at the 2024 Paris Olympics have a wide range of ages. Most of the youngest athletes are skateboarders, but there's also a 50-year-old skating for the UK. Many of the older Olympians at the Paris Games are competing in equestrian events. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: there's, Organizations: Paris Games, Service, Games, Business Locations: Paris
As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.
Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, , Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai
Nickel mining in Indonesia has surged, making it the world's top producer of the metal. With over 14 active mines, Indonesia supplies more than 40% of global nickel demand, driven by its crucial role in electric vehicle (EV) batteries. The rapid growth in nickel production is closely linked to Indonesia's partnership with China, the largest global EV battery producer. Chinese investments have bolstered Indonesia's mining capabilities, focusing on refining nickel locally following a 2022 ban on raw nickel exports. Increased nickel production in Indonesia has led to oversupply and lower prices, impacting producers in Australia and Canada.
Persons: Jason Sappor, Tesla, Todd Malan, It's, Elon Musk Organizations: P, EV, Talon, Talon Metals, Tesla Inc Locations: Indonesia, China, Australia, Canada, America, United States, Michigan, Minnesota
CrowdStrike is well-known in the cybersecurity industry, but until today, I don't think anyone was aware of its dominance as a platform on Windows. However, CrowdStrike might have evidence to suggest that this is a freak accident, so I don't think it's fair to point fingers too much. I don't think that's realistic. I don't think anyone really understood the true scope and presence of CrowdStrike before today. I don't think technology is intrinsically good or evil; it depends on how it's used and regulated.
Persons: , Ahmed Al Sharif, Al Sharif, I've, Al Sharif's, I'm, It's, You'll, CrowdStrike, it's Organizations: Service, EA, Meta, Business, Barcelona International, London Heathrow, El, Airport Locations: Barcelona, London
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