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☆ Why a small China-made EV has global auto execs and politicians on edge
▼ + stars: | 2024-03-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +12 min

The rise of BYD and other Chinese automakers led Tesla CEO Elon Musk in January to warn that Chinese automakers will "demolish" global rivals without trade barriers. Caresoft, an engineering benchmarking and consulting firm, has already torn down one China-built BYD Seagull and is preparing to do another. Michael Wayland / CNBCThe consulting firm tore apart the BYD Seagull piece by piece to benchmark the small EV against vehicles from other startups and traditional automakers. Its initial study of the BYD Seagull found it to be efficiently and simplistically designed, engineered and executed, but with unexpected quality and anticipated reliability. Growing concernsBYD's rise comes at a precarious time for global auto industry dynamics.

Persons: It's, Terry Woychowski, Warren Buffett, —, BYD, Tesla, Elon Musk, Caresoft Bernstein, Nissan, Michael Wayland, Caresoft, simplistically, Woychowski, Mathew Vachaparampil, CNBC BYD, Stellantis —, Donald Trump, Zach Gibson, Jennifer Granholm, Republican Sen, Marco Rubio, Trump, –, GM Dong, Tang, Marin Gjaja, Gjaja, Ford, you've, Evelyn Cheng, Dylan Butts Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, U.S, General Motors, Caresoft, Alliance for American Manufacturing, Overseas, Chevrolet, Nissan Leaf, Bolt, Chicago Federal Reserve, BYD, CNBC, Cox Automotive, Seagull, Tesla, Toyota Motor, Nissan Motor, Honda Motor, Hyundai, Kia, — GM, Ford, Chrysler, U.S ., Washington , D.C, Bloomberg, Republican, North American Free Trade, Republicans, Buick, SAIC, GM, GM Dong Yue Motors Co, Detroit Locations: Shanghai, LIVONIA, Mich, –, China, Europe, Latin America, Detroit, Texas, Germany, Japan, U.S, Livonia , Michigan, America, XPENG, Mexico, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, ., Washington ,, United States, Marco Rubio of Florida, Yantai, Shandong Province

☆ Opinion: Jon Stewart’s brilliant return
▼ + stars: | 2024-02-13 | by ( Opinion Bill Carter | ) edition.cnn.com time to read: +13 min

Jeff Kravitz/FilmMagic/Getty Images Stewart waves goodbye backstage after taping the last episode of "The Jon Stewart Show" in 1995. M. Caulfield/WireImage/Getty Images Stewart appears on an episode of CNN's "Crossfire" with Paul Begala, left, and Tucker Carlson in 2004. Ethan Miller/Getty Images Stewart signs an autograph on the Emmys red carpet in 2009. Zach Gibson/Getty Images Stewart appears on "The Late Show with Stephen Colbert" in 2019. Scott Kowalchyk/CBS/Getty Images Stewart smiles as Senate Majority Leader Mitch McConnell walks by him on Capitol Hill in 2019.

Persons: Bill Carter, CNN —, Bill Carter Bill Carter, Jon Stewart, ” Stewart’s, Stewart, “, ”, Joe Biden, Travis Kelce, ” Stewart, —, Abdel Fattah el, Biden, ” Jon Stewart, Victoria Will, College of William & Mary, William, Mary Athletics Stewart, Conan O'Brien, Lesly Weiner, Mike Piazza, Jeff Kravitz, Catherine McGann, Ron Galella, Jennifer Beals, Guillermo Diaz, Universal Pictures Stewart, Tracey McShane, Steve Eichner, Adam Sandler, Corey Sipkin, Paul Begala, Tucker Carlson, CNN Stewart, Stephen Colbert, Colbert, Scott Gries, Todd Plitt, Rob Corddry, Ed Helms, Samantha Bee —, Ethan Miller, Kevork Djansezian, Mark Peterson, Bill Kotsatos, Nathan, Maggie, Tomorrowland Speedway, David Roark, Benjamin Lowy, Bill O'Reilly, Jamie McCarthy, Valentino, Tracey, Jo, Anne McArthur, Barack Obama, Pete Souza, Trevor Noah, Noah, Brad Barket, Comedy Central Stewart, Alex Wong, Rossum, James Devaney, John Feal, Zach Gibson, Scott Kowalchyk, Mitch McConnell, McConnell, Bill Clark, Twain, Kevin Wolf, Matt Wilson, Donald Trump, Biden’s forgetfulness, Trump, Jack Paar, Dulcé Sloan Organizations: The New York Times, CNN, HBO, Comedy Central, “ CBS, Super, College of William &, Mary Athletics, MTV, Getty, Miramax, Everett, Universal Pictures, Sony Pictures, Television Critics Association, Caulfield, MTV Networks, Comedy, Tomorrowland, Walt Disney, Disney, Cancer Moonshot Initiative, New York Knicks, FealGood, CBS, Kennedy Center, Performing Arts, Daily, Democratic, Biden Locations: TikTok, Gaza, Mexico, Egypt, Williamsburg , Virginia, New York, Washington , DC, Florida, Washington ,, Pennsylvania

☆ Jon Stewart marks ‘The Daily Show’ return
▼ + stars: | 2024-02-12 | by ( Brian Lowry | ) edition.cnn.com time to read: +9 min

Jeff Kravitz/FilmMagic/Getty Images Stewart waves goodbye backstage after taping the last episode of "The Jon Stewart Show" in 1995. Corey Sipkin/NY Daily News Archive/Getty Images Stewart holds an award won by "The Daily Show" in 2003. M. Caulfield/WireImage/Getty Images Stewart appears on an episode of CNN's "Crossfire" with Paul Begala, left, and Tucker Carlson in 2004. Scott Kowalchyk/CBS/Getty Images Stewart smiles as Senate Majority Leader Mitch McConnell walks by him on Capitol Hill in 2019. Matt Wilson/Comedy Central's The Daily Show Jon Stewart is back on "The Daily Show."

Persons: Jon Stewart, Jack Paar’s, Stewart, “, Taylor Swift, ”, ” Stewart, Joe Biden, Donald Trump, Victoria Will, College of William & Mary, William, Mary Athletics Stewart, Conan O'Brien, Lesly Weiner, Mike Piazza, Jeff Kravitz, Catherine McGann, Ron Galella, Jennifer Beals, Guillermo Diaz, Universal Pictures Stewart, Tracey McShane, Steve Eichner, Adam Sandler, Corey Sipkin, Paul Begala, Tucker Carlson, CNN Stewart, Stephen Colbert, Colbert, Scott Gries, Todd Plitt, —, Rob Corddry, Ed Helms, Samantha Bee —, Ethan Miller, Kevork Djansezian, Mark Peterson, Bill Kotsatos, Nathan, Maggie, Tomorrowland Speedway, David Roark, Benjamin Lowy, Bill O'Reilly, Jamie McCarthy, Valentino, Tracey, Jo, Anne McArthur, Barack Obama, Pete Souza, Trevor Noah, Noah, Brad Barket, Comedy Central Stewart, Biden, Alex Wong, Rossum, James Devaney, John Feal, Zach Gibson, Scott Kowalchyk, Mitch McConnell, McConnell, Bill Clark, Twain, Kevin Wolf, Matt Wilson, Robert Hur’s, Trump, Dulcé Sloan, ” Jordan Klepper Organizations: CNN, Comedy Central, Kansas City Chiefs, San Francisco 49ers, College of William &, Mary Athletics, MTV, Getty, Miramax, Everett, Universal Pictures, Sony Pictures, Television Critics Association, Caulfield, MTV Networks, Comedy, Tomorrowland, Walt Disney, Disney, Cancer Moonshot Initiative, New York Knicks, FealGood, CBS, Kennedy Center, Performing Arts, Daily Locations: Williamsburg , Virginia, New York, Washington , DC, Florida, Washington ,

☆ 'He's a non-entity': House Democrats no longer see Dean Phillips as a threat — just a joke
▼ + stars: | 2024-02-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

When Rep. Dean Phillips first began making noise about launching a quixotic presidential campaign, the mood among House Democrats might have best been described as anger and disbelief. Since launching his campaign, Phillips has generally been absent from Capitol Hill, effectively cutting down Democrats' ranks by one seat. AdvertisementOn Wednesday evening, Sen. Tina Smith made light of her Minnesota colleague's recent struggles in a video message to the Congressional Dinner, an annual gathering of reporters and lawmakers. At first, Phillips's campaign seemed to constitute a real threat to Biden, even if he was unlikely to actually defeat him. In a statement for this story, a Phillips spokesperson chastised his Democratic colleagues who now speak ill of him.

Persons: Dean Phillips, Sydney Kamlager, Dove, Axios, Phillips, Joe Biden, Sen, Tina Smith, Smith, Biden, Donald Trump, Maxwell Frost of Florida, — Phillips, Brendan Boyle, Alexandria Ocasio, Cortez, Dean's, Tom Williams, Angie Craig, Craig, wouldn't, Phillips's, we've, Dean, Jim Clyburn, Zach Gibson, Mark Pocan, Ro Khanna, Khanna, it's Organizations: Trump, Rep, Sydney, California congresswoman, Democratic, Capitol Hill, Biden, New, Democrats, Minnesota Democrat, Democratic Party, Twitter, South Carolina Democratic Party, California Locations: California, Minnesota, New Hampshire, Alexandria, New York, lockstep, South, Wisconsin

☆ In one week, the GOP could win a political trifecta in Virginia that could upend abortion access in the South
▼ + stars: | 2023-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Virginia is a critical Southern battleground in the fight over abortion policy ahead of 2024. Winsome Sears and now-Attorney General Jason Miyares in a GOP sweep that put Democrats on notice that Virginia still had a purplish tinge. The Virginia State Capitol in Richmond. Zach Gibson/Getty ImagesA GOP trifecta would be a stunning development for Virginia, which only two years ago had a government controlled by Democrats, with then-Gov. This year, Democrats in the state Senate were able to block his proposal, making the chamber a bulwark against his plans.

Persons: Glenn Youngkin, —, Roe, Wade, Youngkin, Winsome Sears, Jason Miyares, Barack Obama, it's, Zach Gibson, Ralph Northam Organizations: Republican Gov, Service, Gov, GOP, Democratic, Hampton Roads, Republicans, Schar, Virginia State Capitol, Democrats, Commonwealth, Southern Locations: Virginia, Commonwealth, Northern Virginia, Hampton, Richmond's, —, Washington, Richmond, Southern, Florida, South Carolina

☆ The strange, improbable rise of Mark Zuckerberg 3.0
▼ + stars: | 2023-07-30 | by ( Kali Hays | ) www.businessinsider.com time to read: +27 min

In early July, Mark Zuckerberg unveiled the latest and perhaps most consequential product in Meta's history: a new model of Mark Zuckerberg. Silicon Valley Zuck was a husband and father with a legacy to build and protect at all costs. Silicon Valley Zuck was suddenly faced with something he'd never dealt with before, shrinking revenue. Still clinging to his persona as Silicon Valley Zuck, Zuckerberg engaged in an all-out media blitz to hawk his vision for the metaverse. They were the sort of people Harvard Zuck would have scoffed at and Silicon Valley Zuck would have gently ignored.

Persons: Mark Zuckerberg, Elon Musk, Joe Rogan, Zuckerberg, Clark Kent, TikTok, Sheryl Sandberg, Mike Schroepfer, Wall, McKinsey Zuck, Rogan, Meta, Harvard Zuck, —, Priscilla Chan, Ray's, pullover, Harvard Zuck —, Dianna, Mick, McDougall, Paul Sakuma, Zuckerberg's, Apple, Facebook, he'd, That's, Frances Haugen, Chris Cox, Zuck, Zach Gibson, Meta's, Sandberg, Marne Levine, who'd, Javier Olivan, he's, bode, Bain, Maher Saba, Lori Goler, He's, He'd, Katie Harbath, it's, Andrew Bosworth, Bosworth, Mark Zuckerberg McKinsey Zuck, Mark Shmulik, Bernstein, Augustus, Julius Caesar, Kali Hays Organizations: Meta, Menlo, Harvard, Apple, McKinsey, Business, Facebook, Cambridge, Capitol, Labs, Menlo Park, Q, Bain & Company, Reality Labs, Wall, Mark Zuckerberg McKinsey, Phillips Exeter Academy, Tech, Twitter Locations: California, Hawaii, United States, Davos, Silicon, contrition, Meta, verbiage, Harvard, Rome

Washington CNN —Special counsel Jack Smith’s office has asked former US officials about a February 2020 Oval Office meeting where then-President Donald Trump praised improvements to the security of US elections, according to multiple people familiar with the matter. Those details offer a stark contrast to the voter-fraud conspiracy theories Trump began spreading publicly just weeks later and continued to use to question the 2020 election results. Investigators seemed particularly interested in understanding Trump’s mindset about election security before he embarked on a monthslong campaign to cast doubt on elections, the source added. After losing the 2020 election, Trump repeatedly made false claims that contradicted what he was told at the White House briefing about the security of voting systems. The briefing grew tense when the topic turned to Moscow’s preference for Trump over Joe Biden in the 2020 election, the sources said.

Persons: Jack Smith’s, Donald Trump, Trump, Zach Gibson, Elie Honig, “, ” Honig, Jack Smith, ”, Claire Woodall, Scott Olson, Chris Krebs, Trump’s, Joe Biden, National Intelligence Joseph Maguire, Drew Angerer, Maguire Organizations: Washington CNN, White House, FBI, Department of Homeland Security, CNN, Trump, Oval, Bloomberg, Getty, White, DHS, National Intelligence, Capitol Locations: Washington , DC, Venezuela, Italy, Milwaukee, Trump

☆ Meet the GOP leaders in charge of critical House environmental committees
▼ + stars: | 2023-02-15 | by ( Emma Newburger | ) www.cnbc.com time to read: +9 min

Westerman, a representative for Arkansas's fourth congressional district, has a background in engineering and is a licensed forester. He's also introduced legislation to plant 1 trillion trees globally by 2050 in order to pull carbon out of the atmosphere. Cathy McMorris Rodgers, chair of House Committee on Energy and CommerceRep. Cathy McMorris Rodgers (R-WA) during a House Energy and Commerce Environment and Climate Change Subcommittee hearing on Capitol Hill on April 2, 2019 in Washington, DC. "We'll be focusing on promoting innovative technologies to facilitate our clean energy transition," Lucas told CNBC. Lucas said the committee would also conduct "robust oversight" of the spending being distributed to advance the country's clean energy sector.

☆ Tech leaders dish on how asinine it is to try to describe their companies, products, and worth to Congress
▼ + stars: | 2022-09-21 | by ( Hanna Kang | Kayla Gallagher | ) www.businessinsider.com time to read: +24 min

Tech companies are worried an aging Congress can't meet or even understand their demands. Younger members of Congress are beginning to take the lead in conversations on tech issues. Hawley said younger members are generally more critical of big tech. However, he added, new technologies are more widely used by younger people, and users tend to understand technology better. Meanwhile, major tech companies continue to ramp up their federal lobbying spending, together spending more in 2021 than in any other year in history.

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