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☆ Her vacation romance told her they’d ‘stay in touch.’ She assumed she’d never hear from him again
▼ + stars: | 2024-11-29 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

CNN —When Shylo Malcolm’s week in Cuba came to an end, she assumed her vacation romance was ending, too. “I’d had such an amazing week, and maybe we wouldn’t see each other again, the future was uncertain,” recalls Shylo. “We were ready to have fun, party it up,” recalls Shylo. “My friends and I were excited to practice our French, since we hadn’t used it in years,” Shylo recalls. Morgan Kitchen PhotographyAfter a few years of living together in Canada, Yann and Shylo found themselves discussing marriage.

Persons: Shylo, Frenchman Yann Dervaux, Yann, “ I’d, ”, lounging, — she’d, “, ” Shylo, Frenchman, —, Shylo Malcolm More, Yann didn’t, I’m, ’, Shylo’s hesitance, Yann wasn’t, ’ ”, Yann’s, ‘ I’m, ‘, ’ ” Shylo, Shylo they’d, they’d, “ We’d, ” Yann, — Shylo, ” Here's Shylo, Shylo Malcolm, I’d, It’s, we’ve, we’d, ” “, Shylo’s, She’s Organizations: CNN, CNN Travel, Facebook, Google, Amsterdam Schiphol Airport, Shylo, Morgan Locations: Cuba, Ontario, Canada, Lille, France, Varadero, German, Germany, Paris, Shylo, Amsterdam, Europe, of Versailles, “, Dominican Republic , New Zealand, European

☆ Why the DF-26 is one of the most dangerous missiles in China's arsenal for the US military
▼ + stars: | 2024-11-29 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The US has indicated a need to harden air bases and disperse its forces to defend against a Chinese missile strike. AdvertisementLast fall, the US Department of Defense released its annual report on China's military growth and developments. China's DF-26 "carrier killer" missile takes flight in unprecedented test footage. AdvertisementNaval power is a cornerstone of American military might, but the DF-26 threatens that, among various other targets. Related storiesThat said, growing missile stockpiles and increases in the number of launchers give the Chinese military greater flexibility, offering more options in a conflict.

Persons: China's, China, Chris Biggers, Janes, Xu Suhui, J, Michael Dahm, Dahm, Tom Shugart, who's, Carl Vinson, Sarah Weinstein Organizations: Pacific, US Department of Defense, Army's, Force, China's Rocket Force, Department of Defense, Pentagon, SCS, China's, YouTube China's, Guam, Strategic, International Studies Missile Defense Project, DF, Aerospace, China Studies, Mitchell Institute, Business, US, Center, New, New American Security, US Navy, Ocean, Air Force, PLA Locations: China, Pacific, Guam, It's, Bohai, Inner Mongolia, South Korea, Beijing, Xinhua, New American, Ruoqiang

☆ The social media world is splintering, and it'll pave the way for a new breed of influencer
▼ + stars: | 2024-11-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

A splintered social media world is on the horizon — and it's paving the way for a new, more authentic breed of influencer. "People are just trying to find authentic communities," Eric Wittman, CEO of photo-editing app VSCO, told Business Insider. Smoothy said she sees things changing, with different "tiers" of content creators emerging from the industry's oversaturation. New social media horizonsLucy Edgerley, the head of influence at the global social media agency Born Social, told BI that Gen Zers, in particular, are craving creativity, entertainment, and inspiration. Young people who have grown up with social media are learning the lessons about the dark side of it — the mental health toll, the bullying, and the over-consumerism — the hard way, he said.

Persons: Reddit, Eric Wittman, Wittman, Chand Rajendra, Kate Smoothy, Smoothy, Lucy Edgerley, Zers, Kim Murray, Murray, Edgerley Organizations: University of Massachusetts Amherst, Webhive, Social, Virality

☆ This greenhouse keeps crops cool. It could prove valuable as our planet bakes
▼ + stars: | 2024-11-28 | by ( Tom Page | ) edition.cnn.com time to read: +8 min

CNN —In a world where the climate is increasingly hot and volatile, farmers are having trouble keeping their crops cool. A startup founded in the desert of Saudi Arabia thinks it might have a solution. Heat peaks can desiccate crops, killing them outright if unmitigated, or stressing crops, leaving them more vulnerable to pests and disease. A prototype farm in Bada, Saudi Arabia, uses SecondSky in polyethylene greenhouse covers manufactured by SABIC. Desertification is a pressing issue and will be the focus of the UN Convention to Combat Desertification’s COP16 in Riyadh, Saudi Arabia, in December, as leaders seek to curtail an accelerating problem.

Persons: Derya Baran, John Keppler, ”, Mark Tester, Ryan Lefers, Iyris, Keppler, Armando Alvarez, Vincent Martin, SecondSky, Martin Organizations: CNN, King Abdullah University of Science and Technology, United Arab, Innovation, UN Food and Agriculture Organization, National Food Production Initiative, Sea, SABIC, Sea Global, UN Convention, United Nations Locations: Saudi Arabia, Iyris, KAUST, Egypt, United Arab Emirates, Latin America, Mexico, Europe, South Africa, Morocco, Spain, Bada, Bada , Saudi Arabia, Riyadh

☆ Blackstone's Steve Schwarzman was a trade negotiator for Donald Trump's first term. Here's what it took to get the president to a deal.
▼ + stars: | 2024-11-28 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +3 min

Blackstone's Steve Schwarzman was a trade negotiator for Trump during his first term. In his book, he sheds light on what it took to get Trump, Trudeau, and others to the negotiating table. In an effort to gain insight into how Trump's tariff agenda might play out, Business Insider turned to Blackstone cofounder and CEO Steve Schwarzman, who served as a behind-the-scenes trade negotiator for the Trump White House during his first term. AdvertisementIn the book, he said he was tapped as a trade negotiator because he had the trust of members of Trump's inner circle and connections to foreign leaders like China's Xi Jinping. Schwarzman, who declined an official role with the first Trump White House, declined to comment on whether he has been asked to advise Trump in his second term in office.

Persons: Donald Trump, Steve Schwarzman, Trump, Trudeau, Simon, Simon & Schuster, Schwarzman, Xi, Justin Trudeau, George H.W, Bush, Barack Obama, George H Organizations: Trump, Business, Blackstone, Trump White House, Simon &, Canadian, Republican Locations: Canada, China, Mexico, Washington

☆ Bitcoin bounces back above $95,000 as investors eye $100,000 milestone heading into Thanksgiving holiday
▼ + stars: | 2024-11-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin on Wednesday climbed back above $95,000, recovering slightly from a pullback this week that knocked it from record levels. The broader crypto market, as measured by the CoinDesk 20 index, gained 5%. Although bitcoin is widely viewed as a store of value and a digital alternative to gold, the cryptocurrency often trades in tandem with the stock market. "The bitcoin bull market has legs," Alex Thorn, head of firmwide research at Galaxy Digital, said in a report Wednesday. Bitcoin is up 124% for the year and is still widely expected to reach the $100,000 milestone before the year is over.

Persons: Bitcoin, cryptocurrency, bitcoin, Coinbase, Trump, Alex Thorn, Biden, Katie Stockton, CNBC's, … Organizations: Wednesday, Metrics, Nasdaq, Dow Jones Industrial, Galaxy Digital Locations: U.S

☆ Is bald Reddit the nicest place on the internet?
▼ + stars: | 2024-11-27 | by ( Oscar Holland | ) edition.cnn.com time to read: +6 min

CNN —The internet isn’t as nice a place as it used to be. Reddit’s r/bald is a 143,000-strong community (comprised mostly of, presumably, bald men) offering advice, support and encouragement to those who’ve taken, or are considering taking, “the plunge” by shaving off their thinning hair. “If there was a top 10 of bald glow ups, you’d be in there somewhere,” reads one of the 13,000 replies. Friends and loved ones may tell us how great we’d look bald but, sadly, we often care more about what strangers (rather than people whose opinions really matter) think of us. There are other ways in which the platform’s design encourages courteous behavior among bald men and beyond.

Persons: Elon Musk, ”, —, Karl Lagerfeld, you’d, “ Bro, Jason Lancaster, Reddit, I’ve Organizations: CNN, Twitter Locations: Reddit

☆ Johnny Somali: Controversial American live-streamer faces prison in South Korea for offensive behavior
▼ + stars: | 2024-11-27 | by ( Hanna Park | Gawon Bae | ) edition.cnn.com time to read: +3 min

CNN —A controversial American live-streamer is facing the prospect of prison in South Korea for his offensive antics, in a case that is shining a light on the rise of so-called “nuisance influencers” seeking clicks overseas. Ramsey Khalid Ismael, 24, commonly known by his online alias, “Johnny Somali,” has been indicted of causing a “commotion” at a convenience store, Seoul prosecutors confirmed to CNN. Angry locals threatened reprisals against the live-streamer in online posts following the incident. Separately, a man was arrested in Seoul last month for allegedly punching Ismael in the face, the Yonhap News Agency reported. Last year, the live-streamer was arrested in Osaka on suspicion of trespassing in a construction site, according to the Kyodo News agency.

Persons: Ramsey Khalid Ismael, “ Johnny, ”, Ismael, JTBC, John Lie, ” Lie, “, Ava Ko Organizations: CNN, MBC News, Yonhap News Agency, Kyodo News, University of California Locations: South Korea, Seoul, Asia, Instagram, Tokyo, Japan, Osaka, Hiroshima, Nagasaki, Berkeley

☆ What’s open and closed on Thanksgiving Day 2024
▼ + stars: | 2024-11-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Editor’s Note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch ‘Thanksgiving in America’ on CNN and CNN Max on Thursday, November 28 at 8 a.m. New York CNN —Many Americans spend Thanksgiving with their loved ones over a home-cooked meal. Postal servicesDon’t expect any packages on Thanksgiving Day. Limited UPS stores will be open.

Persons: CNN Max, Brian Cornell, Nordstrom, Kohl’s, Tom Thumb Organizations: CNN, America ’, New, New York CNN, Turkey, Walmart, Albertsons Companies – Safeway, Albertsons, ACME, Aldi, Costco, Nasdaq, New York Stock Exchange, US Postal Service, UPS, FedEx, Limited Locations: New York, Chicago, Houston, America

☆ The Magnificent Seven ETF is teetering. What the charts say will happen next
▼ + stars: | 2024-11-27 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

What are the odds that the Roundhill Magnificent Seven ETF (MAGS) ETF can reclaim its leadership status? This is important, given that MAGS has proven it can take advantage of short-term bullish trade set ups recently. Below are daily relative charts vs. MAGS for each component. First, the leaders: TSLA's recent spike prompted a parabolic move vs. MAGS, too. AAPL, MSFT, META and GOOGL have been clear underperformers vs. MAGS for months now.

Persons: haven't, MAGS, that's, TSLA, NVDA teetering Organizations: CNBC, NBC UNIVERSAL

☆ 2 things we always learn about a company before we decide whether to buy its stock
▼ + stars: | 2024-11-27 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

— Thanks, Marek We do two things right off the bat after identifying a stock that we might want to buy. Remember, as an investor, you want to know every little aspect of every company whose stock you buy or think about buying. Financial statements In addition to understanding a company from a high level, we can't take a position before analyzing the financial statements and getting a sense of the health of the company in question. All three are incredibly important, however, of the three, the balance sheet is going to be the one to look at first. Knowing what shape the balance sheet is in gives you a better sense of the company's outlook.

Persons: Jim Cramer, Marek, that's, it's, Linde, Myers Squibb, Myers, Karuna, Jim Cramer's, Jim Organizations: Amazon, Linde, Myers, Karuna Therapeutics, Bristol, LIN, CNBC Locations: Bristol

☆ Mette Lykke Helps Keep Food Out of the Trash in 19 Countries
▼ + stars: | 2024-11-26 | by ( Shivani Vora | ) www.nytimes.com time to read: +1 min

This article is part of a Women and Leadership special report highlighting the work by women around the world addressing climate change. Its partners include Whole Foods Market, Starbucks and ALDI supermarkets; small and family-owned businesses are also part of the mix. Ms. Lykke, 43, grew up in rural Denmark with parents who taught her to waste as little as possible. At the time, Ms. Lykke worked in technology start-ups. She became an investor, and the founders, knowing of her success developing a fitness app, Endomondo, and her commitment to their cause, chose her to lead the company as chief executive in 2017.

Persons: Mette Lykke’s, Lykke Organizations: ”, Whole Foods, ALDI Locations: Copenhagen, Denmark

Greg Abbott challenged President Joe Biden at almost every turn on the handling of the US southern border, as the state grappled with multiple border surges. Abbott described the upcoming border actions as a coordinated effort between border states and Washington. Texas officials and federal officials have historically worked together on the US-Mexico border. Texas state officials tout the work of their operation, arguing it served as a deterrent, and federal officials cite Biden’s executive action that levied harsher consequences for border crossers. “Texas has really been a lab for how mass round-ups of immigrants would work and how you can practically do it,” said Kristin Etter, the director of policy and legal Services at the Texas Immigration Law Council.

Persons: Greg Abbott, Joe Biden, Abbott, “ We’re, ” Abbott, Fox News ’ “ Hannity, ”, Donald Trump’s, “ We’ve, Trump, —, Michael Banks —, Tom Homan, Banks, Biden, Brad Coe, he’s, “, Coe, who’ve, Tom Schmerber, Schmerber, I’d, dueled, –, Kristin Etter Organizations: CNN, Trump, Texas Gov, Lone Star, Democratic, Fox News, Biden White, Customs, Abbott, Texas National Guard, Texas Department of Public Safety, Fox Business, National Guard, Homeland Security, Texas, Operation Lone Star, Republican, Maverick, Democrat, Department of Homeland Security, Biden Justice, Justice Department, Circuit, Texas Immigration Law Council Locations: Texas, Rio, But Texas, — Texas, Mexico, Washington, Kinney County, Maverick, Maverick County, Rio Grande, El Paso, “ Texas

This spiraled into a diss-track war in April and May, with Cole, Drake, Rick Ross, and Lamar all releasing new songs. Later in the track, Drake references Cole's diss track and apology. Evan Agostini/Invision/APLater in the track, Drake raps that he gave Future his first No. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. Instead of insulting Drake, Lamar claims that the "Push Ups" rapper's circle has been feeding him lies, leaking information about him, and hoping for his downfall.

Persons: Drake, Kendrick Lamar, Lamar, Lamar dissed Drake, J, Cole, Rick Ross, Hannah Getahun, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, “, rics,, m., ake Organizations: UMG, Spotify, Future, Metro, Universal Music Group, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, Drake, Diss, Lamar's, Florida

☆ Many digital health startups are quietly raising down rounds and closing up shop. Here's why.
▼ + stars: | 2024-11-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +9 min

Now, VCs say many digital health startups are cutting their valuations to live another day. As of mid-November, PitchBook data shows 327 digital health startups that grabbed funding in 2021 but haven't raised since. Not even the AI boom, which has brought back-to-back fundraises for hot healthcare startups like Abridge, can make up for the discrepancy. "There are more digital health companies that are selling assets, selling people, or whatever they can," said Greg Yap, a partner at Menlo Ventures. AdvertisementVCs told BI they're pushing the next generation of healthcare startups for better discipline in balancing growth with profits.

Persons: haven't, Greg Yap, Doba Parushev, CareFirst, Parushev, Jenny Chang, Rodriguez, Alyssa Jaffee, she's, that's, Ruth, Alison Greenberg, Healthworx's Parushev, Forward's, Rob Price, Axios, LetsGetChecked, Galym, Yap, cofounders Umar Afridi, Sid Viswanathan, VCs Organizations: Healthcare, Business, Menlo Ventures, Healthworx Ventures, Getty, Ruth Health, Carta, Optum Ventures, Lightspeed Ventures Partners, Omada, Walgreens, Walmart Locations: Forward's San Francisco

☆ Chinese fast fashion may be in the line of fire in a second Trump term. Here's what Trump's tariffs could mean for Shein and Temu.
▼ + stars: | 2024-11-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump's second term may not bode well for Chinese fast-fashion brands in the US. Gen Z-favorite brands like Shein and Temu will likely be hit hard by such tariffs. Donald Trump's victory in the presidential election could spell trouble for Chinese fast-fashion brands, particularly Gen Z-favorite budget brands like Shein and Temu. While campaigning this year, Trump said he would impose tariffs of 60% or higher taxes on Chinese products. AdvertisementAnd while Shein has become synonymous with fast fashion produced in China, it's facing rising competition from Temu.

Persons: bode, Gen, Temu, Donald Trump's, Trump, Liu Pengyu, PDD, David Jacks, Jacks, Lei Chen, PDD's, Jeffrey Towson, Emily Pfeiffer, Forrester, Pfeiffer, Jacob Cooke, Vox, Shein, Biden Organizations: National Retail Federation, Singapore's Yale, NUS College, TechMoat Consulting, Towson, Amazon, Bloomberg Locations: China, Bangladesh, Morocco, Temu

☆ The auto industry is pulling back on its 'capital junkie' tendencies after unprecedented spending on EVs, self-driving
▼ + stars: | 2024-11-25 | by ( Michael Wayland | ) www.nbcnews.com time to read: +12 min

It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. Capital junkieThe latest cost-cutting cycle comes nearly a decade after an infamous Wall Street presentation by late-Fiat Chrysler CEO Sergio Marchionne called “Confessions of a Capital Junkie.” The April 2015 report highlighted the industry’s massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. That’s shareholder money.”Most capital spending by automakers isn’t wasted, but the industry isn’t as efficient as other sectors, with minimal return on invested capital. While losing ground in China, GM has been among the most aggressive in spending on EVs and self-driving vehicles. GM and Hyundai this summer entered into an agreement to explore “future collaboration across key strategic areas” in an effort to reduce capital spending and increase efficiencies.

Persons: ” that’s, bender, ” Morgan Stanley, Adam Jonas, It’s, Sergio Marchionne, Marchionne, ” Jonas, Sergio, Joe Hinrichs, ”, Hinrichs, isn’t, “ We’ve, Rebecca Evans, Roland Berger, “, Ford, Peter Rawlinson, “ We’re, Oliver Blume, ” Blume, Paul Jacobson, ” Jacobson, Rivian, ” Marchionne, don’t, codevelop, Stellantis, —, Carlos Tavares, Bernstein, Daniel Roeska, Tavares, ” Tavares Organizations: DETROIT, General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Rivian Automotive, Hyundai Motor, Toyota, CSX, ”, Rehab, Nissan, EV, CNBC, VW, Reuters, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, PSA, “ Locations: Detroit, Japan, Germany, That’s, Europe, China, U.S, North America

☆ Flight attendants share secrets to surviving holiday travel
▼ + stars: | 2024-11-25 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

But it doesn’t have to, just ask the world’s flight attendants. “It’s important for flight attendants to know who is sitting in what seats,” she says. And during those quieter moments, he says flight attendants “honestly love to talk to passengers.”We love when people come back and talk to us. Liz SimmonsFor flight attendants, interacting with the occasional famous face is just part of the job. While gifts are thoughtful, flight attendants don’t expect them, and especially not extravagant ones.

Persons: anyone’s, Hunter Smith, Lihas, Liz Simmons, you’ve, Elijah Nouvelage, Smith, “, ”, you’re, Kamil Krzaczynski, Simmons, Mike Blake, FlightRadar, “ It’s, you've, Joshua Lott, don’t, Kent Nishimura, “ I’m, who’s, they’ve, it’s, — Simmons, ” Smith, there’s, — isn’t, ” Simmons, “ It’ll, Alexander Spatari, ” I’ve, who’ve, lister, I’ve, she’s, everyone’s, Liz Simmons “, ’ Simmons, Kevin Lamarque, “ I’ve, They’re Organizations: CNN, Reuters, Getty, Facebook, Los Angeles Times, Netflix, Hallmark, Hollywood, “, Disney Locations: Florida, AFP, earshot, Greece, You’re, London, New York, “

☆ QUBT seems to be running because company is on track to open Arizona semi plant in Q1: Jim Cramer
▼ + stars: | 2024-11-25 | by ( Jim Cramer | ) 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 EmailQUBT seems to be running because company is on track to open Arizona semi plant in Q1: Jim Cramer'Mad Money' host Jim Cramer looks at stocks that had big November run ups and what was behind the moves.

Persons: Jim Cramer Locations: Arizona

☆ Moves in insurane tech are excessive, says Jim Cramer
▼ + stars: | 2024-11-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Moves in insurane tech are excessive, says Jim Cramer'Mad Money' host Jim Cramer looks at stocks that had big November run ups and what was behind the moves.

Persons: Jim Cramer

☆ Jim Cramer talks the climb in bitcoin and what's behind it
▼ + stars: | 2024-11-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer talks the climb in bitcoin and what's behind it'Mad Money' host Jim Cramer looks at stocks that had big November run ups and what was behind the moves.

Persons: Jim Cramer Locations: bitcoin

☆ Nestle and Keurig are going all in on customers making iced coffee at home
▼ + stars: | 2024-11-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —Iced coffee just isn’t the same when you make it at home. This year, Keurig Dr Pepper launched a machine that is dedicated to iced coffee, advertising a drink “as cold as the coffee shops” in three minutes or less for $199. But there’s science behind why iced coffee is so much better at coffee shops, and current single-serve espresso machine innovations don’t meet that quality despite their marketing. And iced coffee mania comes at a time when coffee production is at risk of surging prices as factors like climate change could slash the global supply. Almost a quarter of Americans enjoy their coffee cold, according to this fall’s National Coffee Data Trends report.

Persons: Keurig Dr Pepper, Nescafé, ” Christopher Hendon, ” David Rennie, Coffee, Jennifer Creevy, ” Creevy, ”, It’s, ” Rennie, Nestlé, “ It’s, Dr Pepper, they’re, CNN’s Erika Tulfo Organizations: New, New York CNN, Nestle, ”, University of Oregon, CNN, International Coffee Organization, United Nations, Nestlé Coffee, National Coffee Association Locations: New York, Australia, China, Americano

☆ Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
▼ + stars: | 2024-11-25 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

CNN —President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. What America importsThe United States’ top import from Canada is oil, which reached a record 4.3 million barrels per day in July, according to the US Energy Information Administration. The United States imports a significant amount of electronics from China, in addition to machinery, toys, games, sports equipment, furniture and plastics. The Trump tariffs also hit foreign steel, aluminum, washing machines and solar panels. He did just that when he was last in the White House, placing large tariffs on goods, primarily from China.

Persons: Donald Trump, Trump, ” Trump, “, ”, Liu Pengyu, ” Liu, Dow, Karl Schamotta, United Nations ’, It’s, Scott Bessent, Bessent’s, Trump’s, CNN’s Matt Egan, Jack Forrest Organizations: CNN, United, Embassy, United States, Canadian, Nasdaq, Treasury, America, US Energy Information Administration, United Nations, Commerce Department, Peterson Institute for International Economics, Senate, Commerce, US Trade Representative Locations: Mexico, Canada, China, “, United States, United, America

☆ The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
▼ + stars: | 2024-11-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

It's a "capital junkie" that's been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. The April 2015 report highlighted the industry's massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. Most capital spending by automakers isn't wasted, but the industry isn't as efficient as other sectors, with minimal return on invested capital. Stock Chart Icon Stock chart icon Stocks of GM, Ford and Chrysler parent Stellantis in 2024. Courtesy: Business WireGM and Hyundai this summer entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies.

Persons: bender, Morgan Stanley, Adam Jonas, It's, Sergio Marchionne, Marchionne, Sergio Marchionne Brendan McDermid, Jonas, Joe Hinrichs, isn't, We've, Rebecca Evans, Roland Berger, Ford, Peter Rawlinson, Andrew Kelly, Oliver Blume, Blume, Paul Jacobson, Jacobson, Rivian, RJ Scaringe, Mary Barra, Euisun Chung, codevelop, Stellantis, —, Carlos Tavares, Oliver Bunic Organizations: General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Reuters, Rivian Automotive, Hyundai Motor, Toyota, CSX Corp, Rehab, Nissan, CNBC, Lucid Motors, Nasdaq, Churchill Capital Corp, Reuters Volkswagen, VW, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, Stellantis NV, Bloomberg, Getty Locations: Casa Grande , Arizona, Detroit, Japan, Germany, That's, New York City , New York, Europe, China, U.S, Kragujevac, Serbia

☆ The US is on the cusp of a nuclear renaissance. One problem: Americans are terrified of the waste
▼ + stars: | 2024-11-25 | by ( Ella Nilsen | Bill Weir | ) edition.cnn.com time to read: +11 min

This is one of several misconceptions about nuclear energy: America’s nuclear waste is not buried in a mountain or tucked at the bottom of a deep, rocky cavern. That is almost entirely because Americans are by and large opposed to living anywhere near nuclear waste, and suspicious of governments’ or utilities’ attempts to assuage nuclear fears. The byproduct of nuclear energy is still associated with atomic bombs or nuclear meltdowns. On the threshold of America’s nuclear energy renaissance, federal officials are pleading with communities to say yes to storing spent fuel. No state has yet raised its hand to store the country’s nuclear energy waste, despite the lucrative deals it could foment.

Persons: BUCHANAN, Trump, Homer Simpson, ”, Paul Murray, Murray, Brian Vangor, Julian Quinones, Bill Gates, James Kenney, Nathan J Fish, Matt McClain, Bob Bell, Canada –, Allison McFarlane, –, Harry Reid, Bob Riha Jr, ” Murray, “, Sergio Flores, Kenney, ” Thoreau, Ezekiel Gonzales, Frank Rusco, Alvin W, Mike Stewart, Greg Piefer, Democratic Sen, Ben Ray Lujan Organizations: New York CNN, US Energy, CNN, New Mexico –, Manhattan Project, New Mexico’s Environment Department, Cruces Sun, Trinity, White, Washington Post, US, US Nuclear Regulatory Commission, Las Vegas, Supreme, Regulatory, Bloomberg, Getty, Taxpayers, Office, Alvin, Shine Technologies, Democratic Locations: New York, York, China, Georgia, Pennsylvania, New Mexico, Lea County , New Mexico, Cruces, New mexico, Finland, Sweden, Canada, Nevada, Las, British, France, Japan, Texas, Midland , Texas, Mexico, Thoreau , New Mexico, “, ”, Waynesboro , Georgia, Ben Ray Lujan of New Mexico

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