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☆ Comcast’s cable networks spinoff raises questions about future of the TV business
▼ + stars: | 2024-11-20 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions. Discovery, spin off their cable channels too? How might the cable bundle business model be impacted? “This is a very clear, direct statement by Comcast” that “they are exiting the cable network business,” Greenfield said.

Persons: Mike Cavanagh, NBCUniversal, Tom Rogers, Rogers, “ it’s, ”, ” Rogers, Rich Greenfield, ” Greenfield, ’ It’s, Mark Lazarus, Lazarus, “, Joe Kernen, Greenfield’s, Greenfield, Matt Stoller, Hugh Johnston, “ SpinCo Organizations: New, New York CNN, Comcast, MSNBC, CNBC, Walt Disney Company, Warner Bros, NBC Cable, Lightshed Partners, Paramount, USA Network, SYFY, Golf, Rotten, NBC, American Economic Liberties, Disney, ” Fox Corp Locations: New York

☆ What Trump's mass deportation plan would mean for immigrant workers and the economy
▼ + stars: | 2024-11-10 | by ( Kevin Williams | ) www.cnbc.com time to read: +13 min

Mass deportation would exacerbate this economic issue, say employers and economists. Leverant says it is still being determined how jobs lost from a mass deportation would be filled. "Looking at specific occupations, about one-quarter of farm workers, agricultural graders, and sorters are undocumented workers. "One of the natural problems with undocumented workers, we don't know how many are here because they are undocumented. A mass deportation is not possible without crippling economic impact," he said.

Persons: Donald Trump, Donald J, Trump, Jason Leverant, Leverant, Chad Prinkey, AtWork, Janeesa Hollingshead, Hollingshead, Uber, Trump's, David Leopold, Leopold, Kristen Welker, isn't, they're, Nan Wu, Wu, Prinkey Organizations: U.S, White, TPS, AtWork, American Progress, American Immigration Council, American Community Survey, Pew Research Center, Consulting, Uber Works, American Immigration, Citizenship, Immigration Services, Trump, NBC News, AIC, USDA, Conservative, CNBC Workforce, cnbccouncils.com, wec Locations: Mexico, Eagle, , Texas, Piedras Negras, U.S, United States, Madison, New York, Greensfelder, California, Prinkey, Boston, Austin

☆ The air freight industry is on high alert after fires at DHL warehouses were linked to Russian sabotage operations
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Fires at DHL warehouses this year may have been part of Russian sabotage operations, officials have said. AdvertisementSuspected Russian sabotage activities targeting the air freight industry have been on the rise this year, and the industry is preparing for further action. Speaking a few months after the DHL fires, the chief of the UK's MI6 intelligence service, Richard Moore, said he believed Russian intelligence services had "gone a bit feral." AdvertisementKremlin Spokesman Dmitry Peskov has denied Russia's involvement in sabotage operations in Europe. The Federal Office for the Protection of the Constitution, Germany's domestic intelligence services, and the BND declined to comment further.

Persons: —, Brandon Fried, Fried, Thomas Haldenwang, Haldenwang, Frank Umbach, Umbach, Richard Moore, Shashank Joshi, Joshi, Dmitry Peskov, KIRILL KUDRYAVTSEV, Keir Giles, Giles, that's Organizations: DHL, Service, Airforwarders Association, Street Journal, Financial, Energy, Security, University of Bonn, Rheinmetall, Royal United Services Institute, NATO, Military Counterintelligence Service, Federal Office, Getty Images, Chatham House's, Eurasia Program Locations: Europe, Russia, Moscow, Germany, America, Leipzig, Birmingham, Lithuania, North America, Russian, Ukraine, AFP, Chatham House's Russia

☆ Cargo plane operators are on high alert after a string of suspected Russian sabotages
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

☆ Prepare for market volatility but don't panic trade, analysts say ahead of Election Day
▼ + stars: | 2024-11-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Market analysts predicted choppy trading and sharp swings going into the US presidential election. AdvertisementMarket analysts are braced for volatility ahead of Tuesday's presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory. The drivers of market performance — economic growth, corporate earnings, and innovation — ultimately outshine the impact of political changes. The Trump trade is a stronger dollar, weaker bonds/ higher bond yields and stronger crypto. With one day left of this campaign, the dollar is falling, and the dollar index is at a two-week low.

Persons: Donald Trump, Kamala Harris, —, who'll, Naeem Aslam, Joshua Mahony, Harris, Hal Cook, Hargreaves, Kathleen Brooks, Trump Organizations: Service, Republican, Democratic, Federal Reserve, Zaye, Trump, FX Locations: Iowa, United States

☆ JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.
▼ + stars: | 2024-11-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

Both presidential campaigns have discussed ideas for cutting housing costs. Economists say lowering labor and building material costs is far more important to home building. Housing policy experts and economists disagree, saying lower energy costs would not significantly boost construction or make homes cheaper. Notably, under the Biden administration, the US has produced and exported more crude oil than ever before in the country's history, even as housing costs have soared. AdvertisementLabor costs and cutting red tape are also keyLabor costs are generally growing as a portion of overall construction costs, Basu said.

Persons: JD Vance, Trump, —, Donald Trump, Sen, Vance didn't, I'm, Anirban Basu, they're, Basu, Biden, Andrew Justus, Justus, might've, Vance, Nolan Gray, they'll, hasn't, Kamala Harris Organizations: Service, Biden, Associated Builders and Contractors, Trump, Niskanen, Labor Locations: Nevada, California

☆ From Michelle Obama to Bella Hadid, celebrities are piling into the soda business
▼ + stars: | 2024-10-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

AdvertisementFrom former first lady Michelle Obama to supermodel Bella Hadid, celebrities are piling into the soda business. Poppi and Olipop, two of the most popular prebiotic soda brands, have exploded in popularity since 2020. Just as social media helped celebrity makeup lines sell, Falorni said their drink brands have the same potential. When it comes to celebrity beauty and wellness brands, Contois said people usually hope there's a "magical elixir" that will elevate their own life. Famous booze-free beverage founders could also follow the well-trodden path of celebs creating alcoholic drink brands and then selling them for a lot of cash.

Persons: —, Michelle Obama, Bella Hadid, Emily Contois, Contois, Poppi, influencers, Filippo Falorni, Falorni, Blake Lively, Betty Buzz, Katy Perry, Obama, Citi's Falorni, George Clooney's, Ryan Reynolds Organizations: Service, Pepsi, Citi, Tulsa University, YouTube, Obama, Cola, PepsiCo, Diageo

☆ People are lonely. Small steps in your community can make a difference
▼ + stars: | 2024-10-18 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +8 min

CNN —Editor’s Note: One Small Thing is a new series to help you take a simple step toward a healthy, impactful goal. But a little more investment in your community may make a big difference, said Dr. Gail Saltz, clinical associate professor of psychiatry at the NewYork-Presbyterian Hospital. One in 5 adults in the United States reported feeling loneliness “a lot of the day yesterday,” according to Gallup data released Tuesday. Building back deeper, more intimate connections may feel hard to do quickly to address your loneliness, but turning your attention to invest in your community may be one small thing you can do to help, Saltz said. Even small daily interactions with strangers in a coffee shop can help boost your mood when you're feeling lonely.

Persons: Gail Saltz, Vivek Murthy, Dan Witters, Gemma Hughes, Saltz, they’ve, ”, John Duffy’s, ” Duffy, “, ” Saltz, wera, ” Hughes, Duffy, they’re Organizations: CNN, Presbyterian Hospital, Gallup, Gallup National Health, University of Leicester School of Business, Invest, Getty, Engage Locations: United States, United Kingdom, Chicago

Most of the fake electors and election deniers did not respond to CNN’s request for comment. MichiganOut of the seven states Trump targeted in 2020, Michigan’s slate of Republican electors for 2024 has – by far – the largest share of election deniers and 2020 fake electors. Five of the 2020 fake electors from the state were tapped to serve as 2024 electors. Thanks to this hedged language, the 2020 fake electors in Pennsylvania weren’t charged. WisconsinTo settle a civil lawsuit brought by Wisconsin’s real 2020 Democratic electors, the state’s fake GOP electors from 2020 agreed to stay out of the 2024 election process.

Persons: Donald Trump’s, Joe Biden’s, Trump, “, ”, Lindsey Miller, Mike Pence, Pence, Kamala Harris, Pete Hoekstra, Meshawn Maddock, Marian Sheridan, John Haggard, Timothy King, Amy Facchinello, Hank Choate, Donald Trump, Ryan Garza, Dana Nessel, Jim Tokarski, ” Linda Glisman, ” Andrew Sebolt, Bill Bachenberg, Carla Sands, wasn’t, Fred Keller, Samuel “ Jim ” Worthington, doesn’t, Biden, Michael McDonald, Jesse Law, John Locher, Bruce Parks, Parks, Biden’s, ” Parks, Caroline Jeffords “, Salleigh Grubbs, Suzi Voyles, Voyles, Josh McKoon, Laurie McClain, Loch, ” McClain, Wisconsin’s, Jeff Mandell, Angie Sapik, Nam, Sapik, Debbie Maestas, General Raúl Torrez, Gina Swoboda, Swoboda, ” CNN’s Ethan Cohen, Jason Morris, Scott Glover, Veronica Stracqualursi Organizations: CNN, Trump, Republican Party, Democracy, Republicans, Electoral, Justice Department, Michigan GOP, Capitol, Detroit Free Press, USA, Michigan, Democrat, Detroit News, statehouse, National Rifle Association, Democratic, Nevada GOP, Clark County GOP, Las, Las Vegas . Nevada GOP, Washoe GOP, Washington Post, Fulton, Cobb County GOP, Georgia Republican Party, NPR, Georgia Republican, Gwinnett County GOP, Georgia Republicans, GOP, Patriots, Wisconsin Watch, Wisconsin Center, Wisconsin Republicans, Facebook, New, New Mexico GOP, Republican National Convention, Prosecutors, Foundation Locations: Pennsylvania, Michigan, Wolverine, Michigan’s, Lansing, Denmark, Nevada, Clark County, Las Vegas . Nevada, Las Vegas, Washoe County, Washoe, Georgia, Fulton County, Cobb County, Gwinnett County, Wisconsin, China, Milwaukee, Madison, New Mexico New Mexico, New Mexico, Mexico, Arizona, Trump

☆ Crude oil prices edge higher after four-day losing streak
▼ + stars: | 2024-10-17 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Crude oil futures rose slightly Thursday after a four-day losing streak as fears of a supply disruption in the Middle East eased and a surplus looms over the market next year. Here are Thursday's energy prices:Israel has reportedly told the U.S. that it will refrain from hitting Iran's oil facilities in retaliation for the Islamic Republic's Oct. 1 ballistic missile attack. The oil market sold off steeply Tuesday on reports that Israel will limit its strike to military targets in Iran. An attack on oil facilities, however, could disrupt 1.4 million bpd of Iran's production, Saraswat said. A full-blown war could lead to Iran choking the Strait of Hormuz, jeopardizing 12 million bpd of oil and "driving up prices sharply," the analyst said.

Persons: Aditya Saraswat, Saraswat Organizations: Rystad Energy Locations: Israel, retaliating, Iran, East, Hormuz, jeopardizing

☆ Apple hits an all-time high as new smartphone data sides with the bulls in a sea of negativity
▼ + stars: | 2024-10-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artificial intelligence-enabled iPhone 16. Apple Intelligence is the company's new suite of generative artificial intelligence tools due out later this month. Available for preorder now, the tablet has a processor capable of supporting Apple Intelligence. Big picture The IDC data comes as many on Wall Street express skepticism around sales for the new iPhone 16 lineup. Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California.

Persons: Morgan Stanley, Apple's, Popal, swoon, Jim Cramer, Jim, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, Wall Street, International Data Corporation, IDC, Samsung, Apple Intelligence, JPMorgan, Barclays, Bank of America, Club, Nvidia, U.S, CNBC Locations: U.S, Cupertino , California

☆ Here's who would benefit from Trump's proposed tax break on car loan interest
▼ + stars: | 2024-10-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Trump's proposed tax break would make interest on car loans fully tax deductible. That tax break lets homeowners deduct annual mortgage interest payments from their taxable income, thereby reducing their tax bill. Few taxpayers claim itemized tax deductionsTo get the deduction, car owners would need to itemize their tax return to include their borrowing costs. About 14.8 million federal tax returns, or about 9%, claimed an itemized deduction on their 2021 federal tax returns, according to the most recent IRS data. An itemized tax break on car loan interest "would help only a fraction of taxpayers," said Leonard Burman, an institute fellow at the Urban-Brookings Tax Policy Center.

Persons: Donald Trump, Sarah Rice, Trump's, Experian, It'd, Seiberg, Trump, didn't, Erica York, —, Leonard Burman, Burman, York, it'd Organizations: Detroit Economic, Bloomberg, Getty Images, Federal Reserve Bank of New, AAA, Trump, Cowen Washington Research Group, Republicans, CNBC, Finance, Social Security, Taxpayers, Tax, Center, Federal Tax, Urban, Brookings Tax Locations: Federal Reserve Bank of New York, Detroit, York

☆ Health-care costs hit a post-pandemic high. These moves during open enrollment can help
▼ + stars: | 2024-10-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +7 min

Because of higher costs, employers are considering new ways to adjust their plan offerings, WTW found. Currently, employers subsidize about 81% of health-care plan costs, on average, while employees pay the remainder, according to professional services firm Aon. For workers, health-care expenses are already high: Family premiums for employer-sponsored health insurance rose 7% this year to an average of $25,572, KFF's 2024 benchmark employer health survey found. Health savings accountsAlong with a high-deductible health insurance plan, more than 50% of employers also offer a health savings account, or HSA, which can help with additional health-care costs. This is called supplemental life insurance, or voluntary life insurance, and it's optional coverage that you can add to your employer's basic group policy.

Persons: Aon, there's, Willis Towers Watson, WTW, Mercer, Beth Umland, Tim Stawicki, Regina Ihrke, Gary Kushner, WTW's Ihrke, Ihrke, Gallagher, Tom Kelly Organizations: Finance, Security, Workers, North, Kushner & Company, IRS Locations: U.S, North America

☆ Rich people are obsessed with longevity. Luxury hotels are cashing in by charging guests up to $40,000 for IV drips and MRIs before they hit the pool.
▼ + stars: | 2024-10-11 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Luxury hotels are offering guests longevity packages that can cost tens of thousands of dollars. AdvertisementFrom offering guests IV drips for hangovers to personalized nutrition programs and full-body MRIs, luxury hotels are upping their wellness game — and wealthy Americans are ready for it. "It's astounding the speed in which a new focus on longevity is rewriting the wellness market," she said. AdvertisementThe global wellness market — which encompasses beauty, healthy eating, spas, wellness tourism, personalized medicine, and more — was valued at $5.6 trillion in 2022, up from $3.4 trillion in 2013, according to the Global Wellness Institute. Luxury hotels want to cash in on the longevity trendBlink and you'll miss an announcement for a new longevity-themed program.

Persons: —, Bryan Johnson, Beth McGroarty, Mark Hyman, Tony Robbins, Sam Nazarian, Robbins, Nazarian, COVID Organizations: Service, Global Wellness Institute, Consulting, Clinique, Next, Bloomberg, Times Locations: Clinique La, Swiss, Dubai, St Kitts, sbe, London

☆ The Fed is finally cutting rates, but banks aren't in the clear just yet
▼ + stars: | 2024-10-10 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerFalling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession. That's because lower rates will slow the migration of money that's happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut its benchmark rate by half a percentage point last month, it signaled a turning point in its stewardship of the economy and telegraphed its intention to cut rates by another two full percentage points, according to the central bank's projections, boosting prospects for banks. The bank is expected to report $4.01 per share in earnings, a 7.4% drop from the year-earlier period.

Persons: Jerome Powell, Tom Brenner, Chris Marinac, Janney Montgomery Scott, JPMorgan Chase Organizations: Federal, Committee, REUTERS, Federal Reserve, JPMorgan Locations: Washington , U.S

☆ Trump Media shares up 100% from recent low as DJT rally continues on heavy trading
▼ + stars: | 2024-10-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

In this article DJT Follow your favorite stocks CREATE FREE ACCOUNTOmar Marques | Lightrocket | Getty ImagesShares of Trump Media shot up as much as 19% Thursday morning, keeping up the momentum of a rally that has recovered some of the Truth Social operator's steep losses from a recent weekslong sell-off. DJT stock was trading around $24 per share shortly after the market open, more than double the $11.75 price it fetched in an intraday trading low, just over two weeks ago. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceThe surge came amid little positive news about the company, but coincided with some recent presidential election polls and other indicators that allies of former President Donald Trump, its majority shareholder, took as positive signs. "It doesn't have anything to do with fundamentals," said Anne Stevenson-Yang, founder and research director of short seller J Capital Research, in an interview with CNBC. "It's a bet on Trump, is all," she said.

Persons: Omar Marques, Donald Trump, Trump, Anne Stevenson, Yang Organizations: Lightrocket, Getty, Trump Media, Republican, White, J Capital Research, CNBC, Trump

It was sold to Ramada in 1979 and, despite ownership changes, was operated as a budget-friendly resort until it closed. Now, as Las Vegas visitors demand more high-end experiences, the city is competing less directly with longtime gambling hubs such as Atlantic City, New Jersey, or Laughlin, Nevada, some 90 miles south of Sin City, Belarmino said. Prof. Nicholas Irwin, University of Nevada, Las VegasThe bargains may not be as close at hand as they once were. Alicia Muscs works at a travel agency in Las Vegas, where she moved from California this year. Unemployment in Las Vegas hit 6.7% in July, according to federal data, up from 5.7% the same month the year before and ahead of both the statewide rate (6.3% in July) and the national one (4.1% as of September).

Persons: Belarmino, Nicholas Irwin, ”, Belarmino’s, Alicia Muscs, Allie Leepson, Jesse McClary, Irwin Organizations: Tropicana, Ramada, University of Nevada, UNLV, Real Estate, Las Vegas, NBC Locations: Vegas, Atlantic City , New Jersey, Laughlin , Nevada, Sin City, Francisco and New York, Las, “, Clark County, New York, Las Vegas, California, Nevada, U.S

☆ Kamala Harris has raised $1 billion since launching presidential campaign
▼ + stars: | 2024-10-09 | by ( Fredreka Schouten | Edward-Isaac Dovere | ) edition.cnn.com time to read: +2 min

CNN —Vice President Kamala Harris’ political team has raised $1 billion since entering the presidential race in late July, two sources familiar with the figure told CNN – marking a massive fundraising milestone in her campaign against former President Donald Trump. Other presidential candidates, alongside their political parties, have exceeded the $1 billion mark in past elections. The Harris campaign declined to comment. Presidential campaigns will report full details of their September fundraising and spending to the Federal Election Commission later this month. The $1 billion figure for Harris was first reported by NBC News.

Persons: Kamala Harris ’, Donald Trump, Harris, “, ”, Sarah Bryner, OpenSecrets, Trump, Elon Musk Organizations: CNN, Democratic, Federal, Commission, Republican Party, Trump, Make, Inc, Elon, NBC News

☆ Software has the 'highest bar' within the Tech sector, says Citi's Drew Pettitt
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoftware has the 'highest bar' within the Tech sector, says Citi's Drew PettittDrew Pettit, Citi Research Director of US Equity Strategy, joins 'Closing Bell Overtime' to talk the near and long-term market outlook.

Persons: Citi's Drew Pettitt Drew Pettit Organizations: Software, Tech, Citi Research, Equity

More than 90% of travelers from Southeast Asia say that gun prevalence in the United States influences whether they will visit, according to a new survey. However, nearly 80% said the likelihood that they would attend a mass gathering — such as a concert or music festival — would be greatly or moderately affected by the number of guns in the United States. Half of those surveyed said they have been to the United States. But a prior visit didn't calm Singaporeans' worries about gun violence to the same extent as other nationalities. Another 5% said they will out-and-out refuse to visit if Trump wins, with 2% saying the same about a Harris win.

Persons: Antarika Sen, Donald Trump, Kamala Harris, Harris, Scott Olson, it's Organizations: CNBC Travel, Insight, U.S, Trump, Getty Locations: Southeast Asia, United States, Hawaii, Texas, New York , California, Florida , Nevada , Arizona, Washington, Singapore, Indonesia, Malaysia, Vietnam, Philippines, Thailand, U.S, Flint , Michigan

☆ What Harris’ unrealized capital gains tax proposal means for you
▼ + stars: | 2024-10-06 | by ( Katie Lobosco | ) edition.cnn.com time to read: +8 min

A billionaire minimum tax is one of several proposals pushed by Democrats in recent years to tax the rich. Harris has specifically called for raising the top tax rate on millionaires with long-term realized capital gains from 20% to 28%. Harris’ proposal to increase the tax rate on realized capital gains to 28% would apply to taxpayers with income over $1 million. How a tax on unrealized capital gains would workLet’s discuss how a billionaire minimum tax – which is, on a basic level, a tax on unrealized capital gains – would impact a homeowner. If passed, a billionaire minimum tax – an unprecedented tax on income not yet received – would likely face many legal challenges.

Persons: Kamala Harris that’s, “, ”, Mark Friedlich, Harris, hasn’t, Biden, Joe Biden, Erica York, it’s, ” Friedlich, Ron Wyden, Joe Manchin, Kyrsten, inheritances Harris hasn’t, Biden’s Organizations: Washington CNN, IRS, Wolters Kluwer, Accounting, Biden, Tax, Oregon Democrat, Senate Locations: Altrata, Oregon, Sens, West Virginia, Arizona

☆ Mech Dara: Concern grows for detained Cambodia journalist awarded by US for exposing online scam centers
▼ + stars: | 2024-10-03 | by ( Helen Regan | ) edition.cnn.com time to read: +5 min

The award-winning reporter is renowned for his investigations exposing corruption, environmental destruction and human trafficking in a country that heavily restricts press freedom. In 2023, Mech Dara won the US State Department’s TIP Hero Award for his work uncovering the multi-billion-dollar illegal scam center industry in Cambodia. Cambodia is ranked 151 out of 180 countries on Reporters Without Borders’ 2024 World Press Freedom Index. As a freelancer, Mech Dara worked for several local and international media outlets including Voice of Democracy, which was forced to close last year. At the time, Mech Dara told CNN: “We fought for the truth.

Persons: Dara, “, LICADHO, Mech Dara, Antony Blinken, Mech, Dara “, ”, Clampdown, Hun Sen, Hun Manet, Cambodia’s, Kate Schuetze Organizations: CNN, Cambodian, Court, Mech, US, Department’s, Embassy, USAID, USAID Cambodia Counter, European Union, US State Department, United Nations, US Institute of Peace, UN, Cambodia Rights, of Democracy, Amnesty International Locations: Cambodian, Phnom Penh, Cambodia, USAID Cambodia, Australia, Southeast Asia, Asia, Myanmar, Laos, Vietnam, ”

CNN —Election officials in Georgia, North Carolina and Florida are working quickly to ensure voters can still securely cast early ballots, despite the devastating storm impacts of Hurricane Helene that have in some cases left them without power, water and cell service. He also plans to request extending early voting until Election Day, since typically in Florida early voting goes until the Sunday before. In North Carolina, Bell is considering working with state emergency management and the North Carolina National Guard to set up temporary polling places if needed. “All of those ballots have tracking… North Carolina uses it to the fullest,” Mann said. Bell added that the state’s tracking system, BallotTrax, can help North Carolina voters determine where their ballot may be and whether it was lost in transit.

Persons: Hurricane Helene, Travis Doss, Jr, Doss, ”, Karen Brinson Bell, “, ” Travis Hart, Bell, We’ve, ” Bell, Hart, Florida’s, Ian, Hurricane Michael, Hurricane Dorian, “ We’ll, Brad Raffensperger, Raffensperger, Chris Mann, ” Mann, Mann, Paul Cox Organizations: CNN, Richmond County, North Carolina State Board, US Postal Service, “, Hurricane, North Carolina National Guard, National Guard, Georgia’s, Election Innovation, Research Locations: Georgia , North Carolina, Florida, Hurricane, Augusta, Richmond, Georgia, North Carolina, Hyde County, “, North, Carolina

☆ Elon Musk once described his past immigration status as a ‘gray area’
▼ + stars: | 2024-09-29 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +32 min

So we just rented the office, and slept in the office, and showered at the YMCA,” Elon Musk recalled, drawing laughs from the crowd. “When they did fund us,” Kimbal Musk recalled, “they realized that we were illegal immigrants.”“Well…” Elon Musk interjected. Video of the remarks shows Elon Musk laughing as he jumped in with a different interpretation: “I’d say it was a gray area.”He didn’t elaborate, and it’s unclear what Elon Musk meant by that characterization. Elon Musk, wearing a black Stetson hat, livestreams while visiting the US-Mexico border in Eagle Pass, Texas, on September 28, 2023. Then-President Donald Trump greets Elon Musk before a policy and strategy forum with executives at the White House in February 2017.

Persons: ” Elon Musk, “, Musk, ”, Donald Trump, Biden, It’s, —, Kimbal, ’ Elon Musk, he’s, X, He’s, Walter Isaacson’s, they’ve, Elon Musk, Jeff Skoll, Fred Prouser, ” Kimbal Musk, Elon, haven’t, Ashlee Vance’s, Greg Kouri, can’t, Maye, Charles Kuck, Kuck, Jennifer Minear, That’s, ” Kuck, Alain Jocard, Kimbal Musk, Tesla, Zip2, he’d, Kevin McCarthy, Alex Brandon, it’s, Hunter Swanson, Grace, Swanson, “ They’re, ” Swanson, ” Minear, Minear, Philip Pacheco, Ron Ozio, hadn’t, Vance, CNN there’s, Affairs Julie Greicius, Rajshree Agarwal, Ed Snider, ” Agarwal, Peter Thiel, Paul Sakuma, Agarwal, …, that’s, Elon Musk’s, who’s, hasn’t, Bayar, Zachary Mueller, ” Mueller, I’m, Don Lemon, Mueller, there’s, Stetson, Critics, John Moore, David Bier, ” Bier, Bier, Trump, he's, he'd, Brendan Smialowski, Joe Wilson, ” Wilson, Medina County Sheriff Randy Brown, Elon Musk's, We’re, Daniel Becerril, Reuters Elon Musk hasn’t Organizations: CNN, Twitter, University of Pennsylvania, Tesla Motors, SpaceX, Forbes, Stanford, Kimbal, Milken Institute Global Conference, Reuters, YMCA, Milken, YouTube, Los Angeles Times, US, Immigration Services, American Immigration Lawyers Association, Getty, Tesla, Kennedy Space Center, Center for International Education, Washington, Lee University, Elon, Center for, Learning, Penn, Minear, Materials, Engineering, ” Stanford, Communications, Affairs, American Immigration, Association, Ed Snider Center for Enterprise, University of Maryland, PayPal, eBay, Compaq, University of Washington, America’s, Democratic, Trump, CATO Institute, White, Medina County Sheriff, Fox, Fox News, Polaris Locations: Mexico, United States, Eagle Pass , Texas, Pretoria, South Africa, Canada, Canadian, Palo Alto , California, Beverly Hills , California, Angeles County, U.S, Atlanta, AFP, America, Zip2, California, Cape Canaveral , Florida, Virginia, Washington, Arizona, South Carolina, Medina County, Eagle, , Texas, Rio Grande

☆ India wants to become a semiconductor powerhouse, but it can't do it on its own
▼ + stars: | 2024-09-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.

Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing

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