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☆ From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
▼ + stars: | 2024-11-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +10 min

If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.

Persons: Donald Trump, Trump, —, Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe

☆ Norwegian F-35s called into action after Russian aircraft spotted off Norway and over Baltic Sea
▼ + stars: | 2024-11-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

AdvertisementNATO scrambled jets to respond to Russian aircraft "not adhering to international norms" this week. Italy's air force intercepted a Russian Coot-A aircraft over the Baltic Sea, NATO Air Command said. Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, it added. Norwegian F-35s were called into action on Tuesday as NATO scrambled jets in response to Russian aircraft "not adhering to international norms," NATO's Air Command said in a post on X.Italy's air force intercepted a Russian Coot-A plane flying over the Baltic Sea, while the Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, NATO Air Command said. In July, Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching Russia's border, the Russian Ministry of Defense said at the time.

Persons: Henrik Omtvedt Jenssen, Jenssen, Lockheed Martin Organizations: NATO, NATO Air Command, Command, Norwegian Armed Forces, NRK, Russian, Royal Air Force, British Ministry of Defence, BBC, Typhoons, US Air Force, Russian Ministry of Defense, Lockheed, Kongsberg Defence, Aerospace Locations: Russian, Baltic, Norwegian, Norway, Russia, State, Kongsberg

CNN —President-elect Donald Trump has moved swiftly to announce his selections for his next Cabinet and key administration posts. Since CNN projected on November 6 that Trump would win election for a second term, the incoming president has announced more than a dozen choices to lead key agencies and policy areas. This list will be updated as Trump makes additional announcements. Cabinet members include the vice president and the heads of the 15 executive departments in the presidential line of succession. A president may also choose to elevate other roles to join the Cabinet — the people Trump has announced are invited are included as Cabinet members below.

Persons: Donald Trump, Trump Organizations: CNN, Trump

☆ This wind stock tanked after Trump's win. Analysts now say buy the dip, giving it major upside
▼ + stars: | 2024-11-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Shares of Vestas Wind Systems tanked on the news that Donald Trump had won the 2024 presidential election. However, analysts at a number of investment banks have suggested that investors overreacted to fears of a downturn for the sector. And he's not alone — the consensus price target of all analysts covering the stock points to an upside of more than 50%. Vestas shares are also traded in the U.S. with the ticker VWDRY . In addition to the political headwinds, Vestas Wind Systems has also had to contend with the rising cost of materials and labor over the past few quarters.

Persons: Donald Trump, Trump, Donald Trump's, Jacob Pedersen, Pedersen, Joe Biden's, Vestas, Henrik Andersen, John Kim, Gael, Bray, That's Organizations: Vestas, Nasdaq, Deutsche, Gael de, Systems, Deutsche Bank Locations: USA, Danish, U.S, Nasdaq Copenhagen, United States

A boy carries a humanitarian aid package provided by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in central Gaza City on August 27. Omar Al-Qattaa/AFP/Getty ImagesIsrael’s parliament is considering two bills this week that could significantly restrict the operations of UNRWA, the UN’s relief agency for Palestinians, in territories occupied by Israel. The OIOS added that they were not able to independently authenticate information used by Israel to support the allegations. “UNRWA provides essential and life-saving humanitarian aid and basic services to Palestinian refugees in Gaza, East Jerusalem, the West Bank and throughout the region. Here’s a look at how many Palestinian refugees are registered for UNRWA services – and where.

Persons: Omar Al, “ Organizations: United Nations Relief, Works Agency for Palestine Refugees, Getty, UNRWA, UN, West Bank, Hamas, Oversight Locations: Gaza City, AFP, Israel, Gaza, East Jerusalem, Canada, Australia, France, Germany, Japan, South Korea

☆ Kylian Mbappé’s representative says legal action ‘will be taken’ against Swedish media over rape allegations
▼ + stars: | 2024-10-15 | by ( George Ramsay | Saskya Vandoorne | ) edition.cnn.com time to read: +3 min

The press release provided by the Swedish prosecutors did not identify any specific individuals. “A new slanderous rumor is starting to set the web ablaze, originating from the Swedish media AFTONBLADET and EXPRESSEN,” Mbappé’s representative told CNN on Tuesday through a public relations firm. Kylian Mbappé will not tolerate under any circumstances that his integrity, reputation and honor be tarnished by unfounded insinuations. She said he went to training on Tuesday and described the Frenchman as being “absolutely calm” despite the accusations. According to AFP, Mbappé traveled to Stockholm last week and spent Thursday and Friday in the Swedish capital.

Persons: Kylian Mbappé, Prosecutors, ”, ” Mbappé’s, Marie, Alix Canu, Bernard, Frenchman, Bernard said, “, Mbappé, CNN’s Henrik Pettersson, Jill Martin, David Close, Patrick Sung Organizations: CNN, SVT, RMC, RMC Sport, TF1, Real, UEFA Nations League, Israel, Belgium, Real Madrid, AFP Locations: Swedish, Stockholm, Canu, ”, Real Madrid, France’s

☆ Nobel Peace Prize 2024 won by Japan’s Nihon Hidankyo for efforts to rid world of nuclear weapons
▼ + stars: | 2024-10-11 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

The survivors have dedicated their lives to trying to rid the world of nuclear weapons. Video Ad Feedback Watch the moment Nihon Hidankyo is awarded 2024 Nobel Peace Prize 01:54 - Source: CNNDan Smith, the director of the Stockholm International Peace Research Institute (SIPRI), told CNN he was “delighted” that the Hibakusha had been awarded this year’s prize. “As the Soviet and US leaders Gorbachev and Reagan said in 1985, nuclear war can never be won and must never be fought. The International Campaign to Abolish Nuclear Weapons won the award in 2017. Last month, Putin said Russia would revise its nuclear doctrine, potentially lowering the bar for Moscow’s use of nuclear weapons.

Persons: Nihon, “, ” Nihon, CNN Dan Smith, ”, Gorbachev, Reagan, ” Smith, Robert Lewis –, Enola Gay, Hiromichi Matsuda, Shigeru Ishiba, Kido, Lev Radin, Nihon Hidankyo, Alfred Nobel’s, Joseph Rotblat –, Jørgen Watne Frydnes, Israel – “, Vladimir Putin, Putin, Henrik Urdal, ” Urdal Organizations: CNN, Stockholm International Peace Research Institute, Soviet, Enola, Nagasaki Atomic Bomb Museum, Nihon, United Nations, UN Headquarters, Pacific Press, 141st, Nuclear Weapons, Science, World Affairs, Manhattan Project, Los Alamos Laboratory, ”, Peace Research Institute Locations: Japanese, Hiroshima, Nagasaki, Norwegian, Oslo, Stockholm, United States, Laos, Russia, United Kingdom, France, China, India, Pakistan, North Korea, Israel, Ukraine, Russian, Germany, Peace Research Institute Oslo

☆ Olympic chocolate muffins brought to New York City for pop-up
▼ + stars: | 2024-08-24 | by ( Victoria Feng | Victoria Feng Is An Intern On The Nbc News Technology Desk. | ) www.nbcnews.com time to read: +4 min

Three weeks later, she tracked down the French supplier, facilitated a shipment of muffins to the U.S. and dealt with the resulting challenges, all to bring the viral muffins to New York City for a pop-up event. In a thread on X, Zhang detailed how she worked with New York City cafe Isshiki Matcha to bring the viral muffins to hundreds of New Yorkers on Aug. 17. Isshiki Matcha, which has been open for four months, primarily sells premium matcha and matcha drinks. “I could eat this viral muffin that all these Olympic athletes can’t stop talking about.”Zhang described the muffin as light, moist and not too sweet. Zhang and Zheng are trying to import another batch of muffins to sell (and eat), but nothing has been finalized yet.

Persons: Kelin Carolyn Zhang, Henrik Christiansen, Christiansen, Stephen Nedoroscik, Gabby Thomas, Zhang, “, ” Zhang, de, Angel Zheng, Isshiki Matcha, ” Zheng, Isshiki, Zheng, pates, ” Organizations: New, Yorkers, NBC News Locations: Norwegian, TikTok, New York City, U.S

☆ New data shows the Olympic athletes breaking out on social media, from gymnast Rebeca Andrade to rugby player Ilona Maher
▼ + stars: | 2024-08-10 | by ( Tiara White | ) www.businessinsider.com time to read: +6 min

Her engagement rate was 33.19%. "It wasn't necessarily him posting on social media," said Alex Cacres, US head of marketing at Metricool. People are tuning in to watch athletes who showcase their personalities and are entertaining on social media. Gen Z, in particular, is predominately following the Paris Games on social media, which is driving the greater emphasis on social media coverage compared to past Olympics, Cacres said. "[Social media] has made it so much easier to consume the Olympic content, which I feel wasn't the case back a few years ago," she said.

Persons: —, Rebeca Andrade, aren't, Ilona Maher, who's, Henrik Christiansen, Metricool, Simone Biles, Sunisa Lee, Jordan Chiles, Noah Lyles, Stephen Nedoroscik, Katie Ledecky, Torri Huske, Trinity Rodman, Gretchen Walsh, Lee Kiefer, Nada Hafez, Maher, Biles, Dani Ramirez, Hafez, Huske, Walsh, Andrade, Nedoroscik, Alex Cacres, Christiansen, Cacres, he's Organizations: Service, Games, Business, Paris Games, Sprout Social Locations: Paris, Instagram

☆ Cole Hocker stuns the world, outkicks Josh Kerr to win men’s 1500m title Olympic gold
▼ + stars: | 2024-08-06 | by ( Matthew Futterman | ) www.nytimes.com time to read: +9 min

He was courageous enough to try to do one of the hardest things in running, win a race from the front, wire-to-wire. 😱 A STUNNING upset in the men’s 1500m as AMERICAN COLE HOCKER takes gold! This was the race that all running nerds had circled on their Olympic schedules, but not because of Hocker. Oldest brother Henrik finished fifth in the 1,500 meters at the 2012 Olympics. He said he tried to respond, but ran out of gas – 1500 meters had proven “just 100 meters too much.”“I ruined it for myself by going way too hard,” he said.

Persons: Cole Hocker, outrunning Jakob Ingebrigtsen, Josh Kerr, Hocker —, Steve Prefontaine —, Kerr, Yared, outkicked Ingebrigtsen, Ingebrigtsen, Scot, allen, ould, O, “, egan, ake W, ruth, ake, ike Organizations: United States, University of Oregon, Olympic, ust Locations: Indianapolis, ictory

The world's best athletes go to the Olympics vying for a coveted spot on the podium. Medal or not, these are some of the biggest winners of the Paris Olympics when it comes to internet adoration. Clark Kent / ‘pommel horse guy’Sure, most casual fans of the Olympics don't necessarily know what a pommel horse routine is. The ultimate hypemen: Snoop Dogg & Flavor FlavRapper Snoop Dogg — the self-proclaimed "MVP of the Olympics" — has been everywhere at the Olympics. The 2024 Paris Olympics mascot is a little red hat, known as a Phrygian cap (or a liberty cap), which is a symbol of the French revolutionaries.

Persons: Henrik Christiansen, Kim Ye, James Bond, Yusuf Dikeç, Clark Kent, Stephen Nedoroscik, there's, Snoop, Flav, —, He's, Michael Phelps, Maggie Steffens, Reddit, Alexis Ohanian, Veronica Fraley, Ilona Maher, TikTok, Tokyo Games she’s, she's, She's, Colin Jost, it's Colin Jost, Jost, it's, he's, Scarlett Johansson, “, ”, Savannah Guthrie, Giorgia Villa, it’s, fromage, they've Organizations: Paris, Shooters, Olympics, NBC Olympics, USA, U.S, rugby, Tokyo Games, NBC, Parmigiano Locations: United States, Paris, U.S, TikTok, Tahiti, Teahupo’o, Polynesia, France, Italy Italian

☆ Olympians are going wild over the chocolate muffins in the dining hall. They're easy to recreate.
▼ + stars: | 2024-08-02 | by ( Erin Liam | ) www.businessinsider.com time to read: +1 min

The chocolate muffins went viral after Norwegian swimmer Henrik Christiansen posted about them on TikTok. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf the Olympic dining hall food could participate in a competition, the chocolate muffin would be a sure winner. The pastry went viral when Norwegian swimmer Henrik Christiansen posted videos of himself devouring the dining hall snack. "Guys, I think I have a problem," he captioned a TikTok video that showed his drawer full of muffins.

Persons: Henrik Christiansen, — Organizations: Bakers, Service Locations: Norwegian

☆ How a Norwegian Swimmer Made Chocolate Muffins a Hit at the Olympics
▼ + stars: | 2024-07-31 | by ( Remy Tumin | ) www.nytimes.com time to read: 1 min

The Olympic Village in Paris was built with France’s important food traditions in mind. But the runaway hit among the world’s elite athletes is not a croissant or a baguette, but something more likely to be passed over at an American cafeteria. “They’re very rich, and I like that,” Henrik Christiansen, a Norwegian swimmer turned unofficial Olympic Muffin Man on TikTok, said in an interview. “Some people might find it too powerful, but they’re right up my alley.”Christiansen, 27, came across the muffins while making a video to review meals at the Olympic Village. They “were just so incredibly delicious” that Christiansen said he decided to see if a series of videos highlighting his love for the muffins would take off.

Persons: “, ” Henrik Christiansen, ” Christiansen, Christiansen Locations: Paris, American, Norwegian

☆ Ilona Maher, Frederick Richard and other viral Olympians winning medals and hearts
▼ + stars: | 2024-07-31 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Ilona MaherIlona Maher competes in rugby sevens on July 28 at the Paris Olympics. Frederick ‘Fred’ RichardFrederick Richard competes on the high bar during the men's artistic gymnastics team final on day three of the Paris Olympic Games. Jamie Squire/Getty ImagesTeam: USASport: Men’s gymnasticsIt’s a bird, it’s a plane, it’s — Stephen Nederoscik! And for good reason: He’s the only American gymnast who’s made the Olympic team as a single-event athlete. Kim YejiKim Yeji shoots during the Women's 10m Air Pistol Final on day two of the Paris Olympic Games.

Persons: CNN —, Simone Biles, Sha’Carri Richardson, Katie Ledecky, Ilona Maher Ilona Maher, Hugo Pfeiffer, she’d, Ilona Maher, she’s, Maher, didn’t, ”, Frederick ‘ Fred ’ Richard Frederick Richard, Jamie Squire, Fred Richard’s, Richard, he’s, Stephen Nederoscik Stephen Nedoroscik, it’s, Stephen Nederoscik, Clark Kent, Nederoscik, who’s, Team USA’s Clark Kent, sweated, Games ’, Tyler, Xi, Wang He, Tyler Downs, He’s, he’ll, Greg Duncan, Kim Yeji Kim Yeji, Charles McQuillan, Kim Yeji, Kim, Oh Ye, Jin, ” Kim, Henrik Christiansen, Henrik Christiansen’s, Christiansen, They’ve, flails, Will Christiansen, Daniella Ramirez, Andrew Kelly, It’s, Ramirez, LeBron James, Coco Gauff, James, Gauff, George Washington, Erik Shoji, Shoji, ” Tara Davis, Tara Davis, Woodhall, Davis, Hunter Woodhall Organizations: CNN, Summer, Paris Olympics, USA, Paris Games, Olympics, BMI, US women’s rugby, Paris Olympic, Getty, Team USA, Olympic Games, Team, Games, Apple, Eiffel, USA’s, Paris Olympic Games, South Korea, Associated Press, Reuters, Woodhall Locations: Paris, Xi An, China, Seine, He’s, Norway, Delaware, Rio, Pisa, “

☆ This ‘once in a generation’ £1.5 million Scottish cottage is up for sale. But there’s one key quirk
▼ + stars: | 2024-07-21 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

For the golf fanatics of the world, it could soon all be yours – so long as you have a spare £1.5 million ($1.93 million) to part with. “The sale of Blackrock House is one of those rare times where you can safely say there isn’t anything else like this available in the world,” Strutt and Parker selling agent Annabel Blackett told CNN via email. Spectators walk past Blackrock House and its "for sale" sign. It would be another 45 years before the course hosted its first Open Championship, with this week marking its 10th time staging the major. “This will be a bittersweet Open for us,” Andrew Kelly told the Associated Press ahead of this week’s tournament.

Persons: Woods, Viewings, Strutt, Parker, “, ” Strutt, Annabel Blackett, Jon Super, Arnold Palmer, Tom Watson, ” Blackett, Jason Cairnduff, David, Isabel Kelly, Andrew, John, Sweden’s Henrik Stenson, Phil Mickelson, ” Andrew Kelly, ” Organizations: CNN, Blackrock House, Royal Troon, –, Troon, Associated Press Locations: Blackrock, Firth, Clyde, Isle, Arran, South Ayrshire, Scotland, ”

☆ Open Championship analysis: 10 things to know about Xander Schauffele’s win
▼ + stars: | 2024-07-21 | by ( Justin Ray | ) www.nytimes.com time to read: +8 min

Here are the top numbers and notes to know from the final round of the 152nd Open Championship. For the second time this season, Schauffele shot a final round 65 to win a major. Schauffele is the first player to win the PGA and Open in the same season since Rory McIlroy did it 10 years ago. With the 2024 major schedule completed, this is the first time American players have swept a major season (in a year when all four were contested) since 1982. Of the last six players to win multiple majors in the same season, four won another major within the next two years.

Persons: Xander Schauffele, Schauffele, Jack Nicklaus, Rory McIlroy, Walter Hagen, Tiger Woods, Tom Watson, Brian Harman’s, Woods, Craig Wood, Billy Horschel, Harry, Bogeys, Horschel, Henrik Stenson’s, Justin Rose, Rose, Lawrence, Lawrence hadn’t, Dan Brown, Royal Portrush, Brown, Scottie Scheffler, Scottie, hasn’t, Scheffler, Justin Thomas ’, Glyn Kirk, Thomas, Matthew NeSmith, Schauffele’s, Collin Morikawa, Russell Henley, Shane Lowry, Jordan Speith, Brooks Koepka, Andy Buchanan Organizations: Royal Troon, 152nd, PGA, Troon, Royal Liverpool, PGA Tour, Merion, Royal, Getty, Royal Troon doled, U.S, Pinehurst Locations: American, Ayrshire, men’s, AFP

☆ Ukraine war: European nations turn to conscription as threat of wider war with Russia grows
▼ + stars: | 2024-07-21 | by ( Radina Gigova | ) edition.cnn.com time to read: +12 min

Several European nations have reintroduced or expanded compulsory military service amid Moscow’s mounting threat, part of a range of policies aimed at boosting defenses that are likely to be scaled up even further. Compulsory military service was reintroduced on January 1 this year, after being abolished in 2006. In the UK, the Conservatives floated the idea of military service in their ill-fated election campaign. In Lithuania, for instance, opinions about military service among students vary, said Paulius Vaitiekus, president of Lithuania’s National Students’ Union. However as an alliance we do not prescribe mandatory military service,” Dakhlallah said.

Persons: ”, Robert Hamilton, Vladimir Putin “, Wesley Clark, we’ve, Clark, “, Arturs Pīlācis, Ints Kalnins, Jonas Gahr Støre, Jens Bartnes, ” Bartnes, Max Henrik Arvidson, Boris Pistorius, Thomas Frey, Sean Monaghan, Paulius Vaitiekus, Vaitiekus, Monaghan, Hamilton, it’s, ” Radebo, Mikael Sjoberg, Russia’s, Farah Dakhlallah, Dakhlallah, ” Dakhlallah, ” Monaghan, Donald Trump –, ” Clark Organizations: CNN, Foreign Policy Research Institute, US Army, Allied, Europe, NATO, ” Latvian, Reuters, European Union, Conservatives, Federal, of Defense, Eurasia Program, Center for Strategic, International Studies, Lithuania’s, ’ Union, Finnish Defence Forces, Swedish Armed Forces, Marinette, Ministry of Defense, Bloomberg, Getty Locations: Russia, Ukraine, Kyiv, Europe, Eurasia, Kosovo, Scandinavia, Latvia, ”, Riga, Norway, Norwegian, Germany, B'chel, Lithuania, Ukrainian, NATO, Finland, Soviet Union, Sweden, NATO’s, Swedish, Gotland, Visby, Moscow, Crimea

☆ Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
▼ + stars: | 2024-06-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.

Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, – Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe

☆ Inside the downfall of Henrik Fisker's second automotive startup, which just filed for bankruptcy
▼ + stars: | 2024-06-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +19 min

AdvertisementA Fisker spokesperson said it would be "unfair" to compare the two companies. A Fisker spokesperson denied comments that Henrik took on a more passive role and said he was "deeply involved." AdvertisementA Fisker spokesperson said Magna was responsible for testing and releasing the Ocean and it had been fully certified by regulators in the US and Europe. A Fisker spokesperson pushed back on the comments questioning Henrik's business prowess. For Henrik, whose earlier company, Fisker Automotive, filed for bankruptcy in 2013, his present predicament echoes the past.

Persons: —, Henrik Fisker, Wendy Gruel's, Geeta Gupta, Gupta, Henrik Fisker's, James Bond, Henrik, Fisker, Rivian, Tesla, Phil McCarten, Magna, hadn't, YouTuber, Marques Brownlee, Kurt Mechling, he'd, they'd Organizations: Service, Business, TechCrunch, Aston Martin, BMW Z8, Magna International, Fisker Inc, Apollo Global Management, Tesla, Ford, GM, Magna, Reuters, Fisker, Business Insider, Engineers, Traffic Safety Administration, NHTSA, Technicians, California Bureau of Automotive, BI, New York Stock Exchange, Fisker Automotive Locations: Fisker, Europe, California, Graz, Austria, Panera

☆ Electric SUV maker Fisker files for bankruptcy
▼ + stars: | 2024-06-18 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Fisker, a US electric vehicle startup, said Tuesday it had filed for bankruptcy. Fisker added then that it was in discussions with an existing investor about possibly putting more money into the company. Its sole product is the Fisker Ocean electric SUV. The Ocean was also the subject of a review that month by American YouTuber Marques Brownlee titled, “This is the Worst Car I’ve Ever Reviewed.”“Do not buy this version of the Fisker Ocean,” reads the video’s description. Fisker filed for bankruptcy Monday, choosing the common Chapter 11 route, which allows companies to try to resolve their financial problems through reorganization.

Persons: London CNN —, Fisker, American YouTuber Marques Brownlee, ”, Henrik Fisker, BYD, Tesla Organizations: London CNN, Automotive News, Hyundai, Kia, Ford, General Motors, International Energy Agency Locations: American, EVs, United States, Europe, “

☆ EV startup Fisker files for bankruptcy, aims to sell assets
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +2 min

Fisker CEO Henrik Fisker introduces the all-electric off-road Ocean called the Force E during its inaugural "Product Vision Day" in Huntington Beach, California, on August 3, 2023. U.S. electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday, looking to sell its assets and restructure its debt, after succumbing to rapid cash burn to deliver its "Ocean" SUVs in the United States and Europe. "Like other companies in the electric vehicle industry, we have faced various market and macroeconomic headwinds that have impacted our ability to operate efficiently," Fisker said in a statement early on Tuesday. The company's operating unit, Fisker Group Inc., filed for Chapter 11 bankruptcy in Delaware, listing estimated assets of $500 million to $1 billion and liabilities of $100 million to $500 million. Fisker made over 10,000 vehicles in 2023, less than a quarter of its forecast, but delivered only about 4,700.

Persons: Henrik Fisker, Fisker Organizations: Fisker, Inc, Reuters, Nissan, U.S Locations: Huntington Beach , California, United States, Europe, Delaware

☆ Embattled EV startup Fisker files for bankruptcy
▼ + stars: | 2024-06-18 | by ( Grace Kay | Tom Carter | ) www.businessinsider.com time to read: +1 min

Fisker has filed for bankruptcy, following its warnings of potential business failure. Fisker is one of several companies to face headwinds from an EV sales slowdown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Fisker, the second failed automotive startup founded by car designer Henrik Fisker, is the latest EV upstart to fail. This story is available exclusively to Business Insider subscribers.

Persons: Fisker, —, Henrik Fisker Organizations: Service, Business

☆ EV charging company says Fisker 'abandoned its contract' — so it's yanking promo credits from Fisker customers
▼ + stars: | 2024-06-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Fisker filed for bankruptcy on Monday and Ocean owners are already beginning to feel the pinch. EV charging company ChargePoint notified some Fisker Ocean owners that the company had rescinded their promotional charging credits on Tuesday morning. The company said in an email to owners who had received charging credits through Fisker that Henrik Fisker's company had "abandoned its contract with ChargePoint." The charging credits are just one of many problems Fisker Ocean owners might face in the coming months. Business Insider previously reported that owners were concerned their cars might become unusable if Fisker were to go under.

Persons: Fisker, Henrik Fisker's, ChargePoint, Getty, Patrick T, Fallon Fisker Organizations: Service, EV, ChargePoint, Business

☆ U.S. Open analysis: 10 things to know on Bryson DeChambeau’s win
▼ + stars: | 2024-06-16 | by ( Justin Ray | ) www.nytimes.com time to read: +9 min

Bryson DeChambeau’s brilliant bunker shot at 18 and winning putt that followed capped off a remarkable week at Pinehurst No. His second U.S. Open win comes at age 30, another rare accomplishment. Bryson must get up and down from the bunker to win the U.S. Open. This is arguably the most painful in the disappointing decade-long run of major championship Sundays for Rory McIlroy. DeChambeau will try to become the first player since Woods in 2000 to win The Open and U.S. Open in the same season.

Persons: Bryson, Dustin Johnson, Tiger, DeChambeau, Angel Cabrera, Bobby Jones, Jack Nicklaus, Tiger Woods, Nicklaus, Woods, Ernie Els, Brooks Koepka, Wyndham Clark, Brian Harman, Scottie Scheffler, Xander Schauffele, Raymond Floyd, Jerry Pate, Johnny Miller, Dave Stockton, Tom Watson, Hubert Green, WsOg54UKWR, Rory McIlroy, putts, McIlroy, Jim Furyk, Jack Hobens, Hale Irwin, Julius Boros, Patrick Cantlay, Tony Finau, It’s, Neal Shipley, Luke Clanton, Shipley, Phil Mickelson, Matt Kuchar, Viktor Hovland, Ken Venturi, Matthieu Pavon, Pavon, Gregory Havret, Louis Tellier, Wunderkind Ludvig Åberg, Francis Ouimet, Åberg, Gregory Shamus, Scheffler, couldn’t, Henrik Stenson, Arnold Palmer, Tom Weiskopf, Ross Kinnaird Organizations: Pinehurst, U.S, Amateur, U.S ., Valhalla, Congressional, Masters, Royal Troon, Getty Locations: U.S, Oakmont, Pebble, Pinehurst, DeChambeau, France, bookending

☆ Fires in Brazil’s Pantanal wetland break June record
▼ + stars: | 2024-06-14 | by ( Aditi Sangal | Mia Alberti | ) edition.cnn.com time to read: +4 min

Brazil’s Pantanal, the largest tropical wetland on earth, is ablaze, with fires in June breaking historical records for that month. Brazil’s National Institute of Space Research (INPE) has detected 733 fires in the Pantanal biome so far this month, with the previous record for fires in Pantanal for June being 435 registered in 2005. A view of a burnt monkey amongst the burnt vegetation in the Pantanal, the world's largest wetland, in Corumba, Mato Grosso do Sul state, Brazil, June 11, 2024. This seasonal flooding makes the Pantanal a unique biome where large swaths of land regularly turn from terrestrial into aquatic habitats and back again. In 2020, the fires destroyed unique habitats and wrecked the livelihoods of many of the Pantanal’s diverse indigenous communities.

Persons: Brazil’s Pantanal, Cynthia Santos, Ueslei Marcelino, ”, Andre Luiz Siqueira, It’s, ECOA, –, Ivana Kottasová, Henrik Pettersson, Krystina Organizations: Reuters, Brazil’s National Institute of Space Research, National Meteorological Institute, Wildlife Foundation, WWF Brazil, Fund, Nature, World Wildlife Fund, CNN Locations: Pantanal, Mato Grosso, Sul, Brazil, Corumba, Wetlands, Canada, South America, Brazilian

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