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☆ Honda and Nissan officially begin merger talks to create world’s third-largest automaker
▼ + stars: | 2024-12-23 | by ( Jenni Reid | Jenni Reid Is A General News Reporter For Cnbc International. | ) www.nbcnews.com time to read: +3 min

Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. A business integration would give the companies an “edge that will not be possible under the current collaboration framework,” Mibe said, according to a translation. A holding company would be formed as the parent company of both Honda and Nissan, listed on the Tokyo Stock Exchange. In its most recent quarterly results, Nissan said it would cut 9,000 jobs and reduce global production capacity by a fifth. “There are so many warning signs, so many red flags around Nissan at the moment that something had to happen.

Persons: Toshihiro Mibe, ” Mibe, Mibe, Tesla, France’s, ”, Makoto Uchida, “, it’s, ” Peter Wells, CNBC’s, ” Wells, Iordache, Sam Meredith Organizations: Nissan, Honda, Monday, Tokyo Stock Exchange, Mitsubishi, Japan’s Nikkei, Analysts, France’s Renault, Cardiff Business School’s, Automotive Industry Research

☆ Business leaders share 5 ways they're taking AI from pilot to use case
▼ + stars: | 2024-12-23 | by ( Jean Paik | Julia Hood | ) www.businessinsider.com time to read: +9 min

Business Insider's Julia Hood asked members of the Workforce Innovation board how they transitioned their AI pilots into real-world use cases. "We want to show our clients we are using AI, whether it is in HR when it comes to driving better employee experience or when it comes to recruitment." This past year we posted over 20 AI workshops helping teams integrate AI into their work. Borgonovo: Employees want to use AI, and I think they're eager to learn how to use AI to augment their jobs. Reinforce responsible leadershipPowell: We want our leaders, people leaders particularly, to guide employees to use AI effectively and responsibly.

Persons: Jack Azagury, Julia Hood, Anant Adya, Lucrecia, Neil Murray, Justina Nixon, Marjorie Powell, Nixon, it's, Powell, We're, Murray, We've, companywide, Watsonx, they've Organizations: Accenture, Workforce Innovation, Infosys, Mastercard, Dynamics, JLL, IBM, AARP, Saintil

☆ Silicon Valley firms are forming a group to win more US defense contracts, report says
▼ + stars: | 2024-12-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Silicon Valley tech firms are reportedly looking to unite to win more defense contracts. Defense tech firms Palantir and Anduril are in talks with Elon Musk's SpaceX, Sam Altman's OpenAI, and others to form a new group in Silicon Valley to bid for Washington's lucrative defense contracts, according to a new report. The consortium could announce agreements with some tech firms as soon as January, the report said. AdvertisementPalantir, cofounded in 2003 by Silicon Valley billionaire Peter Thiel, has previously won several government contracts. Defense startup Anduril, founded by Palmer Luckey — the tech mogul who founded and sold virtual reality startup Oculus to Meta — has also won contracts for its autonomous and air defense systems.

Persons: Sam Altman's OpenAI, Lockheed Martin, Donald Trump, Lockheed, t6EYLWNegI — Elon, Peter Thiel, Stanley Druckenmiller, Alex Karp, Palmer Luckey, Meta —, OpenAI Organizations: Companies, Elon, SpaceX, Defense, Financial Times, Lockheed, Raytheon, Silicon, Pentagon, JPMorgan's, Meta Locations: Silicon Valley, Silicon

☆ VC's healthcare predictions for 2025: more M&A, fierce competition in AI, and a health insurance shake-up under Trump
▼ + stars: | 2024-12-23 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +12 min

After a slower-than-anticipated year for healthcare funding, investors expect sunnier skies in 2025. Those VCs raced to break out their checkbooks for hot new AI startups in the first quarter, from scribing startups like Abridge to automated prior authorization players like Cohere Health. A pickup in healthcare M&A and IPOsAfter a slow year for healthcare M&A, investors want to see more deals in 2025. AdvertisementInvestors were hopeful but unsure that the IPO window would meaningfully reopen for digital health startups in 2025, despite startups like Hinge Health and Omada Health signaling their intentions to test the public markets. Foreground CapitalHealthcare AI competition will get fierceHealthcare startups using AI for administrative tasks were easily the hottest area of healthcare AI investment in 2024.

Persons: VCs, Liam Donohue, Parth Desai, he's, Desai, Bryan Roberts, Keith Figlioli, Alice Zheng, we'll, Zheng, Ramaswami, Kanyi Maqubela, Maqubela, Sruthi, Trump, Venrock's Roberts, Brenton Fargnoli, Jason Robart, Rachel Springate, Robert F, Kennedy Jr, Marissa Moore, Erica Murdoch, Donohue, Moore, she's, Dan Mendelson, Morgan Organizations: Medicare, Cohere, Partners, LRV Health, Investors, Kindred Ventures, commoditization, RCM, Augmedix, Healthcare, Center, Services, Seae Ventures, Muse Capital, Trump, Human Services, Food and Drug Administration, National Institutes of Health, OMERS Ventures, Unseen Capital, Morgan Health

☆ This 28-year-old went from summer intern to McKinsey partner in 7 years. This is what helped him progress.
▼ + stars: | 2024-12-23 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

28-year-old Aamanh Sehdev was named a McKinsey partner this December. Sehdev spoke to BI about how he heard the news and what helped him progress at McKinsey. AdvertisementHe'd been an associate partner for two of his seven-year career at McKinsey and knew there was a chance he'd be promoted to partner. It was from Tunde Olanrewaju, managing partner of McKinsey's UK, Ireland, and Israel offices. Tunde Olanrewaju, managing partner of McKinsey's UK, Ireland, and Israel offices, called Sehdev to give him the news.

Persons: Sehdev, he's, Aamanh Sehdev, He'd, unravels ChatGPT, Tunde Olanrewaju, We're, Olanrewaju, Leon Neal, didn't, Aamanh, meritocracy, That's Organizations: McKinsey, BI, McKinsey's, Business, Partnerships, London's Imperial College Locations: Ireland, Israel, Australia

☆ Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
▼ + stars: | 2024-12-23 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +5 min

Tokyo (AP) — Japanese automakers Honda and Nissan have announced plans to join forces, forming world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. Honda’s president, Toshihiro Mibe, said Honda and Nissan will pursue unifying their operations under a joint holding company. Even after a merger Toyota, which rolled out 11.5 million vehicles in 2023, would remain the leading Japanese automaker. If they join, the three smaller companies would make about 8 million vehicles. In 2023, Honda made 4 million and Nissan produced 3.4 million.

Persons: Toshihiro Mibe, Mibe, ”, Honda, Japan’s, Carlos Ghosn, Ghosn, Sam Fiorani, Makoto Uchida, Nissan, ” Uchida, Honda’s, Yoshimasa Hayashi, ” Hayashi Organizations: Tokyo, Honda, Nissan, Mitsubishi Motors, Renault SA of France, Mitsubishi, Mitsubishi Motors Corp, Toyota Motor Corp, Germany’s Volkswagen AG, Toyota, Mazda Motor Corp, Subaru Corp, Infiniti, AutoForecast, Associated Press, Fitch Locations: Japan, Taiwan, Lebanon, Tokyo, China

☆ Key warning signs about bird flu are all going in the wrong direction
▼ + stars: | 2024-12-22 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +11 min

The Summary The bird flu outbreak took several concerning turns this year, with the number of human cases up to at least 64. Experts outlined several indicators that the virus’ spread is going in the wrong direction. The Centers for Disease Control and Prevention confirmed the country’s first severe bird flu infection on Wednesday, a critically ill patient in Louisiana. “So many signs are going in the wrong direction.”No bird flu transmission between humans has been documented, and the CDC maintains that the immediate risk to public health is low. If someone gets co-infected with a seasonal flu virus and bird flu, the two can exchange chunks of genetic code.

Persons: Gavin Newsom, ”, Peter Chin, Scott Hensley, Ulises Riuz, Jennifer Nuzzo, hadn’t, ” Andrew Bowman, Michael M, ” Chin, Hong, “, ” Nuzzo, We’ve, we’ve, Amy Lockwood, —, It’s, Peggy Honein, Lockwood, Honein, ” Lockwood, Fatinah, Jim Paulson, Hensley, United States ’, Demetre Daskalakis, he’s, ” Hensley, farmworkers, Nuzzo, Andrew Trister Organizations: Disease Control, Prevention, University of California, CDC, University of Pennsylvania, U.S . Department of Agriculture, Getty, Research, Brown University School of, Pandemic, Ohio State University, NBC News, Animal Health, Center, Cornell University, Infectious, Innovation, Boston Globe, Scripps Research, National Center, USDA, Animal Disease, USDA Agricultural Research, Drug Administration, Moderna Locations: Louisiana, California, San Francisco, U.S, AFP, Missouri, Delaware, Canada, British Columbia, Verily, Boston, United States, Ames , Iowa

☆ Google proposes limits to its search partnerships to remedy antitrust case
▼ + stars: | 2024-12-21 | by ( Hugh Langley | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Google on Friday proposed possible remedies to resolve an antitrust case over its search business. Judge Amit Mehta is expected to rule on the final remedies by August 2025. Google on Friday proposed limitations to its search partnerships as a potential remedy to resolve antitrust violations in its search business. They also asked that Google be stopped from entering default search agreements with Apple and other companies and that Google should open its search engine results to competitors. Representatives for the Justice Department's antitrust division did not immediately respond to a request for comment from Business Insider.

Persons: Amit Mehta, Judge Amit Mehta, Kent Walker Organizations: Google, DOJ, Apple, Justice Department, Industry, Justice, Business

☆ Photos show stunning designer Christmas displays at luxury hotels around the world
▼ + stars: | 2024-12-21 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +1 min

Hotels around the world collaborate with luxury brands for their Christmas decorations. Other hotels have tapped artists like Conrad Shawcross and fashion brands like Jenny Packham. As the luxury travel sector bounces back from its COVID-19 era downfall — think the rise in high-end train travel — it's yet another space where brands can make their mark. While festive collaborations aren't anything new, a struggling luxury fashion market makes it even more important for brands to capitalize on the moment. From colorful oversized bows to leather-crafted ribbon ornaments, here are 12 designer Christmas trees that are just as extravagant as the luxury brands behind them.

Persons: Conrad Shawcross, Jenny Packham, — Locations: Dubai, China, cafés, London

☆ OpenAI is done with Shipmas and staring down daunting challenges for 2025
▼ + stars: | 2024-12-20 | by ( Hayden Field | ) www.nbcnews.com time to read: +8 min

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. Those in the U.S. can dial the number (1-800-242-8478) for 15 minutes free per month, OpenAI said, and WhatsApp users globally can message the chatbot at the same number. In May, OpenAI safety leader Jan Leike left OpenAI for Anthropic, and in August, OpenAI co-founder John Schulman announced he was leaving to join the rival startup. Earlier this month, OpenAI announced it had hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase. Then there’s the increasingly complicated relationship with Microsoft, OpenAI’s lead investor and key cloud provider.

Persons: OpenAI’s, there’s, Elon Musk, Sam Altman, Trump, Musk, OpenAI, ”, Altman, xAI, shtick, Sora, he’s, Jan Leike, John Schulman, Mira Murati, Anthropic, nabbing Kate Rouch, Satya Nadella, Nadella, Mustafa Suleyman, Suleyman, Microsoft’s Bing, Donald Trump’s Mar, Joe Biden’s, Vivek Ramaswamy, ” Musk Organizations: Microsoft, The New York Times, Google, o1, Apple, o3, Menlo Ventures, U.S . Department of Defense, Anduril, Palantir, Amazon Web Services, Trump administration’s Department, Government Efficiency, SpaceX Locations: U.S, ChatGPT, Lago, Florida

☆ Grubhub to pay $25 million in FTC settlement over harmful practices against diners, workers
▼ + stars: | 2024-12-17 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +3 min

Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over alleged unlawful practices that harmed diners, workers and small businesses, the FTC announced on Tuesday. The complaint claims that Grubhub deceived diners about delivery costs and blocked access to their accounts. Grubhub has had as many as 325,000 unaffiliated restaurants on its platform, more than half of all of the available restaurants on Grubhub, according to the complaint. The company allegedly listed unaffiliated restaurants to drive growth, but diners often had to pay more in delivery fees from those restaurants which, in turn, damaged their reputations. The complaint further alleged that Grubhub would often avoid removing unaffiliated restaurants off the platform when requested, instead trying to sell them paid partnerships.

Persons: Grubhub, Kwame Raoul, Lina Khan, we're Organizations: Federal Trade Commission, Illinois, FTC, CNBC Locations: Grubhub

☆ Wealth strategies that used to be reserved for billionaires are becoming more accessible
▼ + stars: | 2024-12-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

New tech is lowering the price of entry in fields like direct indexing and private markets. Private markets face steeper hurdles. Parametric recently launched an offering that allows customers to pick equities off strategies from the financial-advisory and asset-management firm Lazard. If BlackRock successfully indexes private markets, it could go a long way toward boosting that percentage. However, Sinclair said more work is required to help mass affluent investors feel comfortable investing in private markets.

Persons: Ranjit Kapila, Larry Fink, Leon Sinclair, Sinclair, —, Kapila, Morgan Stanley, Aperio, Envestnet, Lazard, Joe Bloggs Organizations: BlackRock, Franklin, Industry, Fidelity

☆ How to trade this risky gaming stock mounting a turnaround with options
▼ + stars: | 2024-12-16 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Penn Entertainment (PENN) is a prominent U.S. regional gaming and sports betting company that owns or operates casinos, hotels, and racetracks. Boyd Gaming , another comparably sized US regional gaming company, is reportedly possibly interested in acquiring PENN. On Friday, JPMorgan upgraded the PENN on improving free cash flow. Admittedly, a 3% free cash flow yield and 17.2 times EV/EBIT multiple aren't extraordinarily cheap multiples. PENN YTD mountain Penn stock, YTD PENN has substantial balance sheet leverage, which contributes to elevated options premiums.

Persons: PENN, YTD PENN Organizations: Penn Entertainment, Boyd Gaming, JPMorgan, PENN, ESPN Bet, ESPN, ESPN BET, CNBC, NBC UNIVERSAL Locations: U.S, PENN, Penn

☆ We are stepping up our support for European defense, European Investment Bank president says
▼ + stars: | 2024-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are stepping up our support for European defense, European Investment Bank president saysNadia Calviño, president of the European Investment Bank, discusses the European economy and global partnerships.

Persons: Nadia Calviño Organizations: European Investment Bank

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Alphabet -owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company's first step toward international expansion. To start, Nihon Kotsu drivers will manually operate the Waymo vehicles to map key areas of the Japanese capital, including Minato, Shinjuku, Shibuya, Chiyoda, Chūō, Shinagawa, and Kōtō. Waymo will also test its robotaxis on a closed course in the U.S. built to mimic driving conditions in Japan. Waymo announced a series of expansions across the U.S. in 2024.

Persons: Waymo, Waymo hasn't, Nihon, Uber, Cruise Organizations: PACE, Nihon, CNBC, World Economic, Monet Technologies, Toyota, General Motors, Honda Locations: San Francisco, Tokyo, Tokyo's, Minato, Shinjuku, Shibuya, Chiyoda, Chūō, Shinagawa, U.S, Japan, Miami, Los Angeles, Austin, Atlanta, Tokyo's Odaiba, robotaxis

☆ We're downgrading Broadcom after shares go parabolic. A rival chipmaker is a buy
▼ + stars: | 2024-12-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. China and Starbucks : Some consumer stocks with strong China ties are taking a hit after another string of disappointing economic numbers. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we'd, Brian Niccol's, Will, Hock Tan, AMD's, Lisa Su's, she's, we'll, Jim Cramer's, Jim, Martin H, Simon Organizations: CNBC, ., Nvidia, Starbucks, National Bureau of Statistics, Wynn Resorts, China, Broadcom, Marvell Tech, AMD, Bank of America, ZT Systems, Intel, Jim Cramer's Charitable, Bloomberg, Getty Locations: China, United States

☆ From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
▼ + stars: | 2024-12-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +9 min

Companies including GM are now focused on more "core" operations and adjacent business opportunities, including software, EVs and "personal autonomous vehicles." To GM's credit, Wall Street, which previously pushed for such growth businesses, applauded the decision to end Cruise's robotaxi ambitions. But it's hard to ignore that Cruise is GM's latest mobility venture or growth business to fold or not live up to expectations. Super CruiseOther than saving capital, GM's silver lining for canceling the Cruise robotaxi business was that it sees more promise in continuing to develop its Super Cruise hands-free advanced driver assistance system. Vogt was not enthusiastic about GM's decision to kill the robotaxi operations.

Persons: David Paul Morris, Mary Barra, Barra, You've, Cruise, Wall, Wells, Colin Langan, Mandel Ngan, GM's, It's, John Murphy, Murphy, GM wasn't, Kyle Vogt, Vogt Organizations: Bloomberg, Getty, General Motors, GM, Companies, Wall Street, Cruise, Wall, General, General Motors Factory, Afp, Cruise LLC, GM Energy, EV, GM Defense, GM's, Securities, Traffic Safety Administration, Chevrolet Locations: San Francisco , California, DETROIT, Barra, Detroit , Michigan, robotaxis, San Francisco

☆ Influencers are putting together their post-TikTok plans as a potential ban looms
▼ + stars: | 2024-12-14 | by ( Amanda Perelli | Madison Hoff | ) www.businessinsider.com time to read: +7 min

"We're already preparing to diversify by focusing heavily on Instagram, YouTube, and even LinkedIn for short-form video content," Struck added. I think for content creators that make short-form content, they will be less affected." Sam Saideman'We are acting as if it may actually be gone in January'Jones said she's gotten "a lot of calls of concerns and worry" about a potential TikTok ban. Many creators and managers are putting together post-TikTok plans, even if they think there's a chance it could stick around. "Ever since the first threat of a TikTok ban, I decided I'm not going to rely on just this," Arujo said.

Persons: ByteDance, Estella, We're, Jasmine Enberg, Barbara Jones, Jones, Sam Saideman, she's, Innovo, doesn't, Saideman, Joseph Arujo, it'll, Arujo, Justine, TikTok, isn't, Lauren Schiller, Enberg, Megan, Angela Ruis, Instagram, Nya, Gabriella, Snapchat, I'm, Axel Springer Organizations: YouTube, Viviene, Outshine, TikTok, Digital Brand Architects, Business Locations: Viviene New York, New York

☆ Shutterstock earned over $100 million in revenue thanks in part to its AI-powered image-generator tool
▼ + stars: | 2024-12-13 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +7 min

"It would be silly for me to say that we didn't see generative AI as a potential threat," Orgeron said. He recalled attending CES in 2023 and said that many creative professionals there were unaware of generative AI and the impact it could have on the industry. However, the move toward generative AI was preceded by earlier acquisitions. Paul Hennessy, the CEO of Shutterstock, said in June the company earned $104 million in annual revenue from AI licensing agreements in 2023. While it doesn't offer an AI video-generation service yet, Orgeron said Shutterstock plans to launch a service soon.

Persons: Shutterstock, Dade Orgeron, Orgeron, TK, Dade Orgeron Shutterstock, Shutterstock.AI, Paul Hennessy, We're Organizations: Meta, Apple, Nvidia, Business, Service, Dade, CES, Key, Shutterstock.AI, Enterprise, HP Locations: New York, Reka, Silicon Valley, Shutterstock

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Broadcom, DraftKings, Costco, Uber, Salesforce & more
▼ + stars: | 2024-12-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Here are the biggest calls on Wall Street on Friday: Goldman Sachs initiates TechnipFMC as buy Goldman says the offshore company has "idiosyncratic growth." Goldman Sachs upgrades Patterson-UTI Energy to buy from neutral The firm says it sees shareholder returns for the energy company. Needham upgrades Upstart to buy from hold Needham says it likes the AI lending platform company's balance sheet following earnings. Mizuho reiterates Salesforce, Microsoft and Adobe as outperform The firm says the Salesforce, Microsoft and Adobe are top ideas in 2025. JPMorgan upgrades Penn to overweight from neutral The firm says Penn is too attractive to ignore right now.

Persons: Goldman Sachs, Goldman, Patterson, DA Davidson, Davidson, Needham, UPST, Morgan Stanley, Apple, it's, Uber, Mizuho, Wolfe, Horton, DraftKings, Mills, Penn, sightline Organizations: UTI Energy, America, Titan International, Bank of America, of America, Broadcom, COTY, Apple Intelligence, UBS, Energy, OPEC, Salesforce, Microsoft, Adobe, Cloud, BMO, O'Reilly, O'Reilly Automotive, Therapeutics, Meta, Mizuho, Canadian, JPMorgan, Barclays, Norwegian Cruise, MKS, Gaming, Retail, North American Service Providers, Nvidia, Costco Locations: America, Texas, Norwegian, Buffalo, 2H25

☆ This crypto play is the darling of Wall Street, making a bunch of 2025 top picks lists
▼ + stars: | 2024-12-12 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Investors are betting that shares of the fintech company Block Inc. will rally further in the new year. Analysts at three separate Wall Street firms recently named Block, a provider of financial services through technology platforms, as one of their top ideas heading into 2025. Shares of Block have surged almost 27% in 2024 through Wednesday, lagging behind the 27.6% gain of the S & P 500. S & P 500 candidate Put it all together, and Block, whose market value is already $63 billion, might soon be considered for entry into the S & P 500 index of the biggest companies. "Although it is hard to bake in a timing, we believe SQ now checks all the boxes for S & P inclusion," Rawat wrote.

Persons: Bernstein, Harshita Rawat, Rawat, Bryan Keane, Keane, William Blair, Adam Klauber, Klauber, management's, — CNBC's Michael Bloom Organizations: Inc, Deutsche Bank Locations: Oakland , California

☆ Humpback whale makes record journey from South America to Africa
▼ + stars: | 2024-12-12 | by ( Julianna Bragg | ) edition.cnn.com time to read: +6 min

CNN —A male humpback whale has made an extraordinary journey from South America to Africa — traveling more than 13,046 kilometers (8,106 miles) — the longest migration recorded for a single whale, a new study found. Humpback whales typically return to specific breeding locations each year because whale populations tend to be geographically distinct. The future of migrationWhaling in the 20th century killed nearly 95% to 99% of the humpback whale population in the Indian Ocean, according to Cheeseman. As a result, little information remains about the behavior and lives of humpback whales in that region. However, if exceptions to standard migratory patterns continue, Cheeseman suggests that humpback whales may adopt behaviors from other populations.

Persons: ”, Ted Cheeseman, Cheeseman, Ari Friedlaender, Humpbacks, Ekaterina Kalashnikova, ” Cheeseman, ” Friedlaender, “ Organizations: CNN, Pacific, Royal Society Open Science, Southern Cross University, West, University of California Locations: South America, Africa, Colombia, Zanzibar, East Africa, Australia, North, Alaska, Gulf, Maine, Norway, West Indies, Cape Verde, Santa Cruz, Zanzibar Channel, Fumba, Tanzanian, Unguja, Cheeseman

☆ BuzzFeed survives by selling 'Hot Ones' to George Soros
▼ + stars: | 2024-12-12 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

It solved that problem by selling the company behind "Hot Ones" for $83 million to a fund controlled by investor George Soros. AdvertisementSlightly less good news for BuzzFeed: Solving the debt problem means the company needed to sell one of its buzziest assets — First We Feast, the production company that owns the "Hot Ones" interview show. And now Hot Ones — the show where celebrities answer questions while eating increasingly spicy chicken wings — is going to be owned by … investor George Soros and his family. A press release from the company says "Hot Ones" host Sean Evans is one of the investors in the new company, which suggests he's going to be sticking around for a while. There's also some connective tissue between Soros and BuzzFeed at play here via media executive Michael Del Nin.

Persons: BuzzFeed, George Soros, Vivek Ramaswamy, I've, Jonah Peretti, Sean Evans, Soros, it's, —, Alex —, There's, Michael Del Nin, Del Nin, Ramaswamy, cochair, Trump Organizations: Soros Fund Management, Huffington, Crooked Media, Soros Locations: Audacy

☆ Donald Trump and Bernie Sanders Want to Save You Money on Credit Cards
▼ + stars: | 2024-12-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +15 min

Sky-high credit-card interest rates are not popular. "He said, you know what, credit-card interest rates, which in some cases right now are 20, 25%, should not be higher than 10%. The average credit-card interest rate for new card offers is 24.43%, according to LendingTree — up about 10 percentage points from a decade ago. "Obviously, the interest rates have to respond to changing market conditions, and we've definitely seen that happen. A rate cap isn't the only solution to America's ballooning credit-card-debt problem and just how expensive it is to carry debt.

Persons: everyone's, Donald Trump, Sen, Bernie Sanders, Trump, Sanders, Elizabeth Warren, Matt Schulz, LendingTree, we've, Julie Margetta Morgan, Margetta Morgan, Schulz, Chi Chi Wu, Elon Musk, Wu, Banks, it's, Natasha, Janet Yellen, Aaron Klein, Barack Obama, Klein, Alexandria Ocasio, Cortez, they're, Warren, Carter Dougherty, Emily Stewart Organizations: White, Business, Politico, American Bankers Association, LendingTree, Consumer Financial, Federal Reserve Bank of New, Trump, Chi, National Consumer Law Center, Yale, Washington, Brookings Institution, Department, Treasury, Consumer, Financial Reform, Republicans Locations: Federal Reserve Bank of New York, Alexandria, Washington

☆ Bill Belichick's shocking move to coach UNC shows how college teams are looking more like the pros
▼ + stars: | 2024-12-12 | by ( Geoff Weiss | Tim Paradis | ) www.businessinsider.com time to read: +7 min

Bill Belichick's departure from the NFL to coach at the University of North Carolina is a big move. "We are embarking on an entirely new football operation," UNC Athletic Director Bubba Cunningham said at a press conference Thursday. His father was an assistant football coach for the Tar Heels in the '50s. "Their free agency is freer than in professional sports right now," he said, referring to college players. He said that some college football programs seeking to ascend to the top or remain there are likely to do so by demonstrating big funding commitments or making high-profile hires.

Persons: Bill Belichick's, Bubba Cunningham, Belichick, —, Scott Fuess, Fuess, Adrian Wojnarowski, Michael Lombardi —, Ollie Connolly, Patrick Rishe, Louis, Andy Reid, Rishe, there's, Mung Chiang, Barry Odom Organizations: NFL, University of North, NCAA, University of North Carolina, Heels, UNC Athletic, UNC, University of Nebraska, Lincoln, —, ESPN, St . Bonaventure University —, Sports Business, Washington University, Ohio State, Chiefs, Fuess's University of Nebraska, Division, Purdue University, Boilermakers Locations: University of North Carolina, St, Ohio, Kansas

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