DIRS.INFO The most relevant business & tech news

☆ Mark Cuban tells 'All-In' podcast that the advice he tried giving Trump went unheeded
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Mark Cuban told the "All-In" podcast hosts that he used to talk to former President Donald Trump a lot. During Trump's 2016 campaign, Cuban said he tried to give some advice, but it went unheeded. Cuban said during the podcast episode that he was once enthusiastic about the prospect of an outsider running for office. Cuban told the podcast hosts that he would ask Trump about his campaign's ground game, and Cuban said Trump would brush off concerns: "Yeah, I got the evangelicals doing all that, I'm not worried about it." "I've said this many, many times: If it was a non-MAGA candidate, particularly if it was Joe Biden still, I'd vote Republican," he told the podcast hosts.

Persons: Mark Cuban, Donald Trump, Cuban, Trump, —, Mark Cuban wasn't, Trumper, I'm, Kamala Harris, Joe Biden, I've, MAGA Organizations: Service, Trump, Business, Cuban, CNN, Republican Party, Democrat, Republican

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ RBC gives its top stock picks for the fourth quarter
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

The fourth quarter is just getting started, and RBC Capital Markets sees some stocks slated for growth in the months ahead. Looking ahead, RBC unveiled a list of its top 30 high-conviction global stock ideas that it thinks are poised to outperform in the long term. As a result, RBC has an outperform rating on the name, with a price target of $48. "As proof-points to the success of this strategy emerge, we believe the stock could begin to re-rate higher," the analyst said. Software name CrowdStrike and British oil giant Shell were also picked for the fourth quarter's list.

Persons: Brad Erickson, Daniel Perlin, Perlin, Ferrari, Tom Narayan Organizations: RBC Capital Markets, Dow Jones, RBC, Sarepta Therapeutics, Amazon, P Global, PayPal, Reuters Locations: Italy

☆ Every live-action Joker actor, from Cesar Romero to Joaquin Phoenix, ranked
▼ + stars: | 2024-10-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Joaquin Phoenix is one of two actors to win an Oscar for playing the Joker. Phoenix starred as the DC villain in two solo films, 2019's "Joker" and the new sequel "Joker: Folie à Deux." Director Todd Phillips' approach of making the Joker a more realistic and human character appealed to critics, and the film won two Oscars. By contrast, the sequel film has bombed with critics and fans alike and currently has a Rotten Tomatoes score of 39%. AdvertisementIn August, Phillips seemed to suggest to Variety that there wouldn't be another "Joker" sequel when he said: "I think we've said what we wanted to say in this world."

Persons: Joaquin Phoenix, Oscar, Heath Ledger, Jack Nicholson, Cameron Monaghan, —, Phoenix, Todd Phillips, Phillips, we've, Barry Keoghan Organizations: Service, Variety

☆ A millennial with a Ph.D. and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
▼ + stars: | 2024-10-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

A millennial with a Ph.D. and over $250,000 in student loan debt said she can't find a job. She's looking for business roles while working as a nurse to help pay the bills. She said she's been forced to expand her job search and explore a new career in nursing to help her make ends meet. AdvertisementRasberry said she thinks the biggest obstacle in her job search is her lack of work experience. She said working remotely would make it easier to keep her nursing job, reduce her commuting costs, and care for her dog.

Persons: —, Rasberry, She's, she's, I've, she'd, hasn't, — she's, wasn't, I'm Organizations: Service, Saint Leo University in, Business Locations: Saint Leo University in Florida, Virginia

☆ I was struggling to figure out what I wanted in life. Going on my first cruise helped.
▼ + stars: | 2024-10-04 | by ( Laura Gio Carroll | ) www.businessinsider.com time to read: +6 min

Carroll had little interest in cruises, but a writing retreat aboard the Queen Mary 2 intrigued her. The solo travel part wasn't out of character — I'd spent most of my 20s backpacking alone. It was this writing retreat — with its promise of expert instruction plus time to focus — that enticed me to get on board a ship. I was hoping that a writing retreat would reignite that spark. Laura Gio CarrollAs it turned out, the writing cruise went swimmingly (despite my never once going swimming while aboard).

Persons: Laura Gio Carroll, Carroll, Queen Mary, she's, —, — I'd, I'd, wouldn't, I've Organizations: Service, Netflix Locations: Cruises

☆ Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
▼ + stars: | 2024-10-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case. The ruling came before the Education Department had even published the final rule for the debt relief. That's because the lawsuit argued the relief would hurt the revenue of student-loan company MOHELA, which is based in Missouri. Advertisement"The Department of Education is extremely disappointed by this ruling," a department spokesperson told Business Insider.

Persons: Biden, —, It's, Joe Biden's, Matthew Schelp, Donald Trump, Schelp, Biden's, hasn't, servicers, Andrew Bailey, Sen, Elizabeth Warren, Trump Organizations: Education Department, Service, GOP, MOHELA, Department, Department of Education, Republican, of, Higher, Missouri, else's Ivy League Locations: Missouri, Georgia, Eastern, of Missouri

My husband and I spend money in different ways, but we worked to set our financial goals together. We have our retirement and investments with our favorite financial services company, where we occasionally get advice from our financial advisor. Most of our expenses are debited from this pool of money, set up on auto-pay, of course. We have each other's phone codes, email passwords, and the like, so it was only natural that we both have access to all our money accounts, too. We both have access to all accounts, all credit cards, retirement accounts, and 529 plans, passwords, and all.

Persons: —, I'm, spender, that's, doesn't Organizations: Service, Costco, Walmart Locations: Napa, Florida, incidentals

☆ Chappell Roan has frustrated fans by canceling shows. PR experts say she made the right call.
▼ + stars: | 2024-10-04 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +17 min

Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.

Persons: Chappell Roan, —, Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman

☆ Harris' Uber executive brother-in-law says he won't join her cabinet. Other business leaders still have a shot.
▼ + stars: | 2024-10-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Tony West, Harris' brother-in-law and an Uber executive, doesn't plan on serving in her cabinet. Other private sector stars are in the running for key positions like Treasury secretary. Tony West, Harris' brother-in-law and a top executive at Uber, has been instrumental in cementing the vice president's relationship with corporate America. Sources told Semafor he's a leading candidate for Treasury secretary, among other positions. Related storiesBut Chenault isn't a shoo-in — leaders on and off Wall Street are also jockeying for the coveted position.

Persons: Tony West, Harris, —, Kamala Harris, Uber, Ken Chenault, Chenault, Semafor he's, Berkshire Hathaway, Wally Adeyemo, Gina Raimondo, Jamie Dimon, JPMorgan Chase, Blair Effron, Charles Phillips, Brad Smith, Lina Khan, Gary Gensler, Mark Cuban Organizations: Service, White, Uber, America, Wall Street Journal, Former American Express, Democratic, Democratic National Convention, American Express, Facebook, IBM, Procter, Gamble, Treasury, Commerce, JPMorgan, CNBC, Microsoft, Federal Trade Commission, Securities, Exchange Commission, SEC Locations: Airbnb, Berkshire

☆ The battle of the face computers is on
▼ + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Meta debuted its Orion augmented reality glasses last week without a consumer release date. AR glasses are a substantial step toward a future that ditches the handheld smartphone for face computers. AdvertisementThe battle of the face computers is here, and Meta just launched a highly compelling salvo. Last Wednesday, CEO Mark Zuckerberg unveiled the company's latest innovation, Orion — augmented reality eyewear that weighs about 3.5 ounces. Snap's Spectacles are augmented reality glasses that run on the company's in-house OS.

Persons: Meta, —, Mark Zuckerberg, Orion —, BI's Peter Kafka, Gene Munster, Apple, Greg Peters, we're, it's, " Peters, There's, Alistair Barr, Tim Cook, Cook, It's, Munster, Andrej Sokolow, BI's Jordan Hart, Justin Post, Andrew Bosworth, Jacob Bourne, Emarketer, Axel Springer, Bosworth, Bloomberg's Mark Gurman, Zuckerberg, Spokespeople Organizations: Orion, Apple, Service, Meta, Deepwater Asset Management, Bloomberg, Vision Pro, Netflix, Vision, Getty, Munster, CNBC, BI Locations: Cupertino

☆ Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker's Ioniq 5 electric vehicle to its robotaxi fleet. Hyundai Motor and Waymo have agreed to a multiyear, strategic partnership that includes the self-driving company adding the South Korean automaker's Ioniq 5 electric vehicle to its robotaxi fleet. Waymo, which boasts around 700 vehicles in its fleet today, operates the only commercial robotaxi service in the U.S., Waymo One. They are expected to become available to Waymo One robotaxi riders in the years to follow, the companies said. Hyundai said the Waymo partnership "doesn't influence" Motional.

Persons: Waymo, robotaxi, José Muñoz, Muñoz, Hyundai, — CNBC's Jennifer Elias Organizations: Hyundai, Chrysler, Hyundai Motor North America Locations: Korean, U.S, Georgia

☆ A majority of North Carolina homeowners didn't have flood insurance. Then Helene hit.
▼ + stars: | 2024-10-04 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Heavy rains from Hurricane Helene caused flooding across western North Carolina, like here in Asheville. Melissa Sue Gerrits/Getty ImagesBut only about 2.6% of the 4.3 million properties across the state — or around 115,000 properties — had flood insurance as of June 2024, according to private provider Neptune Flood Insurance, which analyzed data from the government-backed National Flood Insurance Program. North Carolina Department of Insurance communications director Jason Tyson estimated that about 139,000 properties in the state have flood insurance through the NFIP. Part of the problem with flood insurance is a common misconception that regular home insurance covers flooding, which is rarely the case, four experts knowledgable about flood insurance and disaster management told Business Insider. "We don't think of western North Carolina and the Appalachian mountains as an area that has significant flood risk."

Persons: Hurricane Helene, Melissa Sue Gerrits, Neptune, Jason Tyson, Sue Gerrits, Trevor Burgess, Jeffrey Schlegelmilch, Schlegelmilch, Margaret Walls, they're, there's, It's, it's, Helene, Jeremy Porter, Burgess, Yanjun Liao, Liao Organizations: Service, North, Climate Office, Neptune Flood Insurance, Flood Insurance, North Carolina Department of Insurance, The North, Information Center, Business, Getty, National Center for Disaster Preparedness, Columbia Climate School, FEMA, Associated Press, Resources Locations: Hurricane, North Carolina, Asheville, —, The, The North Carolina, Black Mountain , North Carolina, State, North, Florida , Louisiana, Texas, Asheville , North Carolina

☆ There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about
▼ + stars: | 2024-10-04 | by ( Natalie Musumeci | Alex Bitter | ) www.businessinsider.com time to read: +6 min

There's an important stipulation on OpenAI's historic $6.6 billion funding round. AdvertisementOpenAI's historically large $6.6 billion funding round is bringing in checks from some of the biggest technology and venture capital investors. If the ChatGPT-maker doesn't complete its transition to a for-profit company within two years, investors in the latest round could ask for their money back, multiple outlets have said. But "if there's disagreement within the entity, then it's much harder for the regulators to approve it," he said. AdvertisementStill, the legal experts said that though OpenAI's transition to a for-profit company is a complicated one, it's doable.

Persons: —, there's, doesn't, OpenAI, Jill Horwitz, Horwitz, Alexander Reid, Reid, doable, Elon Musk, Sam Altman, Greg Brockman, Musk, Altman Organizations: Service, University of California, Los Angeles School of Law, Internal, SEC, IRS, Employees Locations: OpenAI, Delaware, California

My husband and I have seen our price of living go up a lot lately, but our credit cards have helped. Credit cards can have a bad reputation, but by using them responsibly, we've benefited. As a result, we have come to rely on our rewards credit cards more than ever. My business credit card helps me keep my spending separateMy husband and I have — for the most part — always kept our spending separate. Note that credit card lenders may use many different variations of credit score models when considering your application.

Persons: we've, —, There's, I'm, I've, It's, Chris Organizations: Service, Chase, Chase Travel, Sapphire, Apple Locations: Denver

☆ Russia can rely on China for the yuan, but China can't rely on anyone else
▼ + stars: | 2024-10-04 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Western sanctions have forced Russia to rely on the Chinese yuan for reserves and trade. China's financial system is deeply tied to the greenback, limiting diversification options. These include the entrenched role of the greenback in the global commodities trade and much larger foreign reserves than Russia, wrote Greene, a former senior advisor at the US Treasury. However, many CIPS participants are highly connected to the dollar financial system and potentially subject to the reach of US sanctions. The dollar is still kingIn short, China just can't copy Russia's sanctions-proofing playbook and is likely to continue orbiting around the dollar financial system in the near-term.

Persons: —, China —, Robert Greene, Greene, China's, It's, dollarization, James Lord, Morgan Stanley's, Michael Zezas Organizations: Service, Carnegie Endowment Asia, US Treasury, Patomak Global Partners, Federal Reserve Bank of Boston Locations: Russia, China, Beijing, Russia's, Ukraine

☆ A lasting U.S. ports strike deal is far from done, with automation a big hurdle in ILA/USMX negotiations
▼ + stars: | 2024-10-04 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Dockworkers strike in a picket line outside of the Port of Houston Authority on October 01, 2024 in Houston, Texas. The strike, affecting 36 ports, marked a historic event and was the first by the union since 1977. (Photo by Brandon Bell/Getty Images)The tentative agreement to suspend the International Longshoremen's Association strike may have consumers and businesses breathing a sigh of relief. In a statement Friday, the ILA said it wants to tighten the language related to the use of automation at ports. It is only a tentative agreement and automation at ports will remain a major stumbling block," said Peter Sand, chief shipping analyst at supply chain intelligence firm Xeneta.

Persons: Brandon Bell, Peter Sand, Harold Daggett, Daggett, Dennis Daggett, Harold Daggett's, that's, Sand, Dr, Michael Nacht, Larry Henry Organizations: Port, Houston Authority, International Longshoreman's Association, United States Maritime Alliance, International Longshoremen's Association, ILA, CNBC, Office, GAO, Public, University of California, Defense, ContainerTrac, International, Warehouse Union, Pacific Maritime Association Locations: Houston , Texas, U.S, Berkeley, Long Beach, Los Angeles , California, West Coast

☆ Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
▼ + stars: | 2024-10-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

The Fed will still deliver jumbo rate cuts to stabilize the weakening job market, the firm predicted. AdvertisementThough most on Wall Street are cheering September's blowout labor report, not everyone is so sure the labor market is booming. Advertisement"The extremely low response rate to the payroll survey waves a red flag," the firm wrote on Friday. The firm scrutinized last month's payroll strength against the fact that other labor market indicators have shown a pullback in hiring. Meanwhile, this week's JOLTS data prompted Deutsche Bank to question how tight the labor market really is.

Persons: —, Larry Summers Organizations: Macroeconomics, Service, Deutsche Bank, of Labor Statistics, Conference, Federal, Bank of America Locations: joblessness, tanked

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ Beyond Novo: Fund manager likes this under-the-radar pharma stock with a weight loss drug in the works
▼ + stars: | 2024-10-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

"Maybe that weight loss product (by United Laboratories) works, maybe it doesn't. United Laboratories' price-to-earnings of 5.8 times is a fraction of the 34.3 times that Novo Nordisk is trading at, Peche added. [United Laboratories] is making smooth progress in R & D and targets to launch Liraglutide in 2024. Their comments follow United Laboratories' "faster than expected earnings" growth in the first half of the year. Analysts' average price target on United Laboratories is 12.95 Hong Kong dollars, giving it 28.2% potential upside.

Persons: Sean Peche, it's, Peche, there's, that's, Eli Lilly, Amgen, Carol Dou, Sunny Chen, UOB Kay Hian, bode Organizations: Novo Nordisk, Ranmore Fund Management, United Laboratories, Pfizer, AstraZeneca, Global Equity Fund, Hong, Hong Kong bourse, HK Locations: Hong Kong, Novo, Europe, U.S

☆ Ukrainian F-16 fighter pilots have had to dramatically change the way they fly after long flying Soviet jets, and it's a lot to overcome
▼ + stars: | 2024-10-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +10 min

Ukraine's F-16 pilots have had to get up to speed on a different fighter jet quickly. And more broadly, Ukraine's air force is having to rapidly undergo a wider transition that its international partners took significantly longer to do. Those older jets have hydraulic systems, while F-16 jets are fly-by-wire, which means computers process the input by pilots. A Ukrainian air force F-16 fighter jet flies in an undisclosed location in Ukraine. A farewell ceremony for Ukrainian F-16 pilot Oleksiy Mes in Shepetivka on August 29.

Persons: Ukraine's, —, Michael Bohnert, Bohnert, Volodymyr Zelenskyy, Vitalii, Tom Richter, James Hecker, Mitchell, David Deptula, Christopher Bowie, Oleksiy Mes, Oleksiy, they're, Valentyn, Keir Giles, Michael Clarke, Gordon, Skip, Davis Organizations: Service, RAND Corporation, Associated Press, Getty, Nokia, US Marine, National Guard, Politico, US Air Forces, NATO Allied Air Command, AP, Air Force, Pentagon, Ukrainian Air Force, Libkos, REUTERS, Chatham House's, West, Ukraine, US Army, Defense Investment Division Locations: Russia, Ukraine, Soviet, Europe, Ukrainian, Shepetivka, Denmark, Norway, Belgium, Netherlands, Chatham House's Russia, Eurasia, British

☆ If you liked the first Joker movie, critics say you'll hate the sequel
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

"Joker: Folie à Deux" opens in theaters Friday. Here's a sampling of what critics think of "Joker: Folie à Deux," which is in theaters now. "'Joker: Folie à Deux' often recalls the series finale of 'Seinfeld,' insofar as it puts its main character on trial for his former misdeeds," he wrote. Related stories'Folie à Deux' really is a musical — just not a good onePhoenix and Gaga in "Joker: Folie à Deux." It's definitely not a movie for the fansGaga and Phoenix in "Joker: Folie à Deux."

Persons: Joaquin Phoenix, Lady Gaga, Harley Quinn, —, Oscar, Todd Phillips, Arthur Fleck, Gaga's Lee Quinzel, Fleck, Warner, Phillips, Nick Schager, Arthur couldn't, IndieWire's David Ehrlich, Pete Hammond, TIME's Stephanie Zacharek, Johnny Oleksinski, Gaga, Lee, Niko Tavernise, Alison Willmore, Hollywood Reporter's David Rooney, Gaga tamps, Richard Lawson, Arthur's, Lawson, Arthur, It's, Critics, He's, he's, Variety's Owen Gleiberman, BBC's Nicholas Barber, it's, TIME's Zacharek Organizations: Rotten, Service, DC Comics, Phoenix, Arkham, Warner Bros, coy, New York, MGM, Miss, Hollywood Locations: CinemaCon, Miss Saigon

☆ Mark Cuban and other business titans are trying to woo conservative-leaning swing voters to support Kamala Harris
▼ + stars: | 2024-10-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

A group of founders and CEOs are launching "Business Leaders for Harris." It includes several business titans, including Mark Cuban, who've already been backing Harris. AdvertisementA group of CEO and founders are launching a new initiative on Friday called "Business Leader for Harris" — aiming to woo business-minded, conservative-leaning swing voters to support Vice President Kamala Harris. The initiative is led by a group of business titans that includes LinkedIn cofounder Reid Hoffman, billionaire investor Mark Cuban, and Netflix cofounder Reed Hastings. Advertisement"When it comes to true business, doing business, she is completely open-minded, right?

Persons: Harris, Mark Cuban, who've, —, Kamala Harris, Reid Hoffman, Reed Hastings, Donald Trump, Trump, Ken Frazier, Trump's, Hastings, Hoffman, Biden, She's Organizations: Service, titans, Netflix, Merck, Penn Wharton Budget, Biden, Cuban Locations: Charlottesville

☆ Buttigieg claps back at Elon Musk for false claims about Helene federal response
▼ + stars: | 2024-10-04 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire's X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million. "No one is shutting down the airspace and FAA doesn't block legitimate rescue and recovery flights," wrote Buttigieg. Buttigieg was replying to a post from Musk that falsely claimed the Federal Aviation Administration was shutting down airspace in the disaster zone and "throttling" flights transporting supplies. An FAA spokesperson told CNBC, "There are no airspace restrictions in place in North Carolina as rescue efforts continue because of Hurricane Helene. Musk frequently uses X to provoke -- but in lashing out at FEMA on Friday, he escalated his battle with the U.S. government.

Persons: Pete Buttigieg, Elon Musk, Hurricane Helene, Musk, Buttigieg, Helene, Donald Trump, Trump, Musk's, SpaceX's, Tesla, DisasterAssistance.gov Organizations: Elon, FAA, Federal Aviation Administration, CNBC, FEMA, Federal Emergency Management Agency, Republican, Musk's SpaceX, U.S ., Environmental Protection Agency, penalizing SpaceX, SpaceX, Apple Locations: Hurricane, North Carolina, Asheville, Rutherford

☆ Nearly half of U.S. homebuyers use this strategy to lower their monthly mortgage payments
▼ + stars: | 2024-10-04 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

With homes becoming increasingly unaffordable, more buyers are using an increasingly popular strategy to lower their mortgage rate. Buying points — also referred to as "discount points" or "buying down the rate" — involves paying extra to your lender at closing to reduce the interest rate on a mortgage. That reduced rate results in smaller monthly payments and long-term interest savings over the life of the loan. A larger down payment reduces the total loan amount, which also has the effect of lowering monthly payments. Ultimately, whether a larger down payment or buying points will actually lower your monthly payments depends on your specific loan terms.

Persons: That's, Aaron Gordon Organizations: Guild Mortgage

Search resuls for: "doesn't"

25 mentions found