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☆ 4 reasons GM is crushing it right now
▼ + stars: | 2024-10-22 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

GM's profits were driven by strong SUV sales, EV growth, cost reductions, and improved China sales. GM's EVs hold a 9.8% share of the US EV market, behind only Tesla. AdvertisementGeneral Motors reported strong third-quarter 2024 profits on Tuesday, topping Wall Street's estimates and helping send shares surging more than 9%. Of those who purchased a GM EV, more than 60% are conquests from other automakers, Barra said. Reuss said GM has eliminated 2,700 unique parts, ranging from seat assemblies to wiring harnesses, from its inventory.

Persons: —, Mary Barra, EVs, Barra, Mark Reuss, Reuss Organizations: Motors, US, Service, Detroit, GM, Chevrolet Traverse, GMC Acadia, Consumers, General Motors, EV, Tesla Locations: China

☆ Despite last-minute cleanup efforts, debris piles remain a threat during Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Matt-Lavietes-Byline-Jm.Jpg | Matt Lavietes | ) www.nbcnews.com time to read: +4 min

TAMPA, Florida — Towers of trash still littered the Florida landscape Wednesday as Hurricane Milton barreled towards the Gulf Coast and garbage haulers suspended efforts to remove debris that could be dangerous in high winds left over from Hurricane Helene. Garbage haulers suspended efforts to remove debris that could be dangerous in high winds left over from Hurricane Helene. "A lot of our contractors have gone to prep for Hurricane Milton. “Just to get that household debris out of the way so Milton doesn’t pick it up and use it as a weapon," Castor said. Joseph Malinowski was riding out Milton the same way he rode out Helene — on his sailboat tied to a pier in Tampa Bay.

Persons: Milton, Hurricane Helene, ”, I’m, Heather McClellan, Helene, Garbage, Matt Lavietes, Ron DeSantis, DeSantis, Sandra Tapfumaneyi, Kimberly Byer, Byer, Hurricane Milton, Jane Castor, Castor, Milton doesn’t, Giancarlos Struse, ” Struse, Struse, Joseph Malinowski, Helene —, Dan, ” Malinowski, “, Corky Siemaszko Organizations: Gulf, NBC News Florida Gov, Emergency Management, NBC, Hurricane, Hillsborough County …, Tampa, NBC News Locations: TAMPA, Florida, Hurricane, Milton, Tampa Bay, Tampa, Manatee, Sarasota, Pinellas, Hillsborough County, “, New York City

☆ Where are Gen Z's tech founders?
▼ + stars: | 2024-10-09 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +10 min

So where are Gen Z's tech founders? Gen Z founders and would-be founders are stepping into a vastly different tech world from that of their predecessors — a world where launching a unicorn is far more difficult, and publicly scrutinized, than it was for the garage-band generation of Jobs and Gates. Gen Z is coming of age in an era when the same Big Tech companies are diffuse and dominant. In other words, millennial founders ran so that Gen Z founders could walk. Perhaps we won't see Gen Z founders standing before a crowd and unveiling their latest shiny products anytime soon.

Persons: Bill Gates, Steve Jobs, Jeff Bezos, Gen X, Sergey Brin, Elon Musk, Travis Kalanick, Peter Thiel, Millennials, I'm, Zuckerberg, Whitney Wolfe Herd, Brian Chesky, Elizabeth Holmes, Sam Bankman, Gen, aren't, Zers, Jerry Neumann, millennials, Uber, Z, There's, Neumann, Kimberly Eddleston, they've, Adam Neumann, Holmes, Alexandra Debow, that's, Alexandr Wang, Wang, They've, Ibrahim Rashid, Rashid didn't, COVID, Rashid, Martin Shkreli, Forbes, Alexis Barreyat, Barreyat, Julian Kage, Kage, they'd, Debow, It's, Eddleston, Emma Chamberlain's Organizations: Boomers, Columbia University, Big Tech, Northeastern University, Facebook, New York University, MIT, Wired, Forbes, University of Chicago, Deloitte, Harvard, Harvard Business Locations: swaggering, Silicon Valley

☆ Why finding a job is so awful right now
▼ + stars: | 2024-09-15 | by ( Tim Paradis | ) www.businessinsider.com time to read: +9 min

I'm still unemployed," Jolles told Business Insider. AdvertisementIn any case, Jolles, who describes himself as an "older" tech worker, felt depleted by the job search in California. Averett believed the position wasn't a good fit for her, but she also knew from her experience in HR how tough a job search could be. As someone who works in HR, she gets what it's like to be inundated with applications from job seekers like her. Given how fruitless his job search has been, Cash plans to soon give it up.

Persons: —, David Jolles, I'm, Jolles, It's, Nick Bunker, Bunker, Jason Henninger, Heller, bupkis, Jenitta Averett, Averett, she's, — Averett, it's, Kevin Cash, he'd, Cash, Uber, he's, I've, Kevin Cash Ben Boxer Cash's Organizations: Service, Business, UPS, LinkedIn, Navy Locations: Silicon Valley, It's, Atlanta, America, Georgia, California, Covid, Hampton , Virginia, Portland , Oregon

☆ The viral nine-month cruise is ending. Here’s what it was really like on board
▼ + stars: | 2024-09-10 | by ( Francesca Street | ) edition.cnn.com time to read: +21 min

Preparing for the endJoe and Audrey Martucci say they are grateful for the nine-month cruise experience, but at times they found the schedule tiring. A trip of a lifetimeGen Z traveler Little Rat Brain says Antarctica, pictured here, was her world cruise highlight. Little Rat Brain, passenger on board the nine-month cruiseThe TikTok-famous passengers are now considering how to pivot their online presences. “I don’t think anything’s ever going to have the virality of the nine-month cruise,” Fletcher says. “I’m not really sure if it will ever occur again,” agrees Little Rat Brain.

Persons: Royal, –, Angie Linderman, Linderman, Ale Kenney, Shannon Marie Lake, Anthony McWilliams –, Joe, Audrey Martucci, Joe Martucci, Bobbi Waterman, Tam, Julian Mendoza, Daniele Salvatore Arbisi, “, they’re, ”, Beth Anne Fletcher, ’ Fletcher wasn’t, you’re, ” Fletcher, Joe Martucci didn’t, TikTok, ” Oosthuizen, … ” LRB, itineraries, LRB, there’s, someone’s, Anthony McWilliams, Amike, Oosthuizen, Drake, ’ ”, McWilliams, y’all, Anthony Antoine McWilliams Fletcher, Fletcher, “ Beth Anne’s, Audrey, Shannon Lake, ” McWilliams, “ We’re, it’s, “ Truman, Brandee, aunties, It’s, ’, can’t, “ I’m, influencer Marc Sebastian, Sebastian, they’ve, ” LRB, ” Linderman, haven’t, There’s, Princess Cruises –, she’s, “ Everything’s Organizations: CNN, CNN Travel, Royal, NASA, Seas, New York City, MSC Cruises, Princess Cruises, Vie Locations: Royal Caribbean, Miami, Shannon, American, British, South Africa, Halifax, Canada, Southampton, “, California, China, New York, LA, Antarctica, India, Portofino, Italy, Iguazu, ”, Caribbean, Belfast , Northern Ireland

☆ As the E.V. Revolution Slows, Ferrari Enters the Race
▼ + stars: | 2024-07-06 | by ( Bernhard Warner | ) www.nytimes.com time to read: +1 min

Gliding on robotic haulers, a line of Ferrari frames maneuvers through a gleaming new factory in Northern Italy. At each station, engineers in cherry red uniforms add a component — an engine block, a dashboard, a steering wheel — as they transform the bodies into hybrid vehicles. The transition to electric vehicles, which was supposed to quickly usher in an era of climate-friendly transport, has instead been squeezed by costly investments and slowing global demand. Tesla reported declining second-quarter sales on Tuesday, and Ford Motor said in April that it would shift production to more hybrids as E.V. A growing trade war between China and the West also threatens to stifle growth.

Persons: Tesla Organizations: Mercedes, Benz, Lamborghini, Ford Motor Locations: Northern Italy, China

☆ The Absurd Problem of New York City Trash
▼ + stars: | 2024-03-02 | by ( Emily Badger | Larry Buchanan | ) www.nytimes.com time to read: +30 min

In New York City, trash has no dedicated space all its own. The Absurd Problem of New York City Trash And the Trade-Offs Required to Fix ItConsider the ubiquitous New York trash bag. The prospect has prompted much snickering: New York’s big idea to clean up trash is to … put it in trash bins? New York City Municipal Archives1913: A century in the past, but the same problems as today. New York City Municipal ArchivesBut those cans overflowed to horrifying effect during the 10-day strike:When New York streets resembled landfills.

Persons: …, that’s, ” Anthony Crispino, “, ” Cole Stallard, Stallard, Gerard Koeppel, Oscar, Neal Boenzi, New York Times Garbage, Larry C, Morris, Meyer Liebowitz, Rudy Giuliani, ‘, ”, Norman Steisel, Eric Adams, Jessica Tisch, Tisch, Hiroko Masuike, Ms, there’s, It’s, ” Harry Nespoli, workarounds, Martin Melosi, Clare Miflin, Miflin, don’t, Benjamin Miller, Martin Robertson, ” Mr, Robertson Organizations: Sanitation Department, New York City Municipal, New York Times, York’s Sanitation Department, Department, York City Municipal, District of Columbia Department of Public, New York, New York Public, The New York Times, City Hall, Avenue, West 22nd, West, Eighth, 21st, West 21st, Bronx Manhattan Queens, Financial, Center, Zero Locations: New York City, stairwells, York, New York, York City, Amsterdam, Barcelona, Berlin, Washington, Houston, what’s, Chelsea, Erie, Manhattan, ”, New Yorkers, Staten Island, New, East, Bronx, Bronx Manhattan Queens Brooklyn Staten Island, European, Harlem, New York . New York, Relatedly, Brooklyn

[1/2] Ukrainian trucks are parked near the Poland-Ukraine border, near the village of Korczowa, Poland November 19, 2023. REUTERS/Yan Dobronosov/File Photo Acquire Licensing RightsKYIV, Nov 24 (Reuters) - Ukraine's top truckers union said on Friday its hopes of a rapid end to Polish trucker protests at the border were fading, as Kyiv prepared to evacuate its hauliers stranded in Poland. They launched their blockade on Nov. 6, protesting that Ukrainian truckers are exempt from requiring permits to cross the Polish border, a policy change put in place during the war. Deputy Infrastructure Minister Serhiy Derkach said late on Thursday that Ukrainian truckers were suffering in bitter, sub-zero temperatures and that there were no food supplies, basic sanitary conditions or ambulances at the scene. The truckers union says two Ukrainian truckers have died in their vehicles since the beginning of the blockade.

Persons: Yan, Leonid Kostiuchenko, Kostiuchenko, Serhiy Derkach, Derkach, Tom Balmforth, Gareth Jones Organizations: REUTERS, Rights, Ukrainian Association of International Carriers, European Union, Facebook, Thomson Locations: Poland, Ukraine, Korczowa, Polish

[1/2] Ukrainian trucks are parked near the Poland-Ukraine border, near the village of Korczowa, Poland November 19, 2023. They launched their blockade on Nov. 6, protesting that Ukrainian truckers are exempt from requiring permits to cross the Polish border, a policy change put in place during the war. The Polish protests coincide with concerns in Ukraine that the European Union may not agree next month to launch formal accession talks for it to join the 27-member bloc, a key objective for Kyiv. Deputy Infrastructure Minister Serhiy Derkach said late on Thursday that Ukrainian truckers were suffering in bitter, sub-zero temperatures and that there were no food supplies, basic sanitary conditions or ambulances at the scene. The truckers union says two Ukrainian truckers have died in their vehicles since the beginning of the blockade.

☆ Hungary Gets Ukrainian Truck Queues as Protests Clog Polish, Slovak Crossings
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

In Slovakia, the main border crossing with Ukraine was also blocked on Tuesday, although the country's haulers' union called it the action of a single truck. The group has still warned it could join Polish truckers in protest. The spillover of long border queues hit Hungary on Wednesday, with the main border crossing, Zahony, seeing long queues of trucks waiting to enter Ukraine. Polish truckers will also begin blocking the Medyka crossing together with farmers on Thursday, a protest organizer said. On Sunday, Ukrainian authorities said about 3,000 mostly Ukrainian trucks, including those carrying fuel and humanitarian aid, were stuck on the Polish side of the border.

Persons: haulers, Trucks, Dennik, Boldizsar Gyori, Jason Hovet, Bernadette Baum Organizations: Truckers, European Union, Authorities, Hungarian Tax, Customs Authority, EU Locations: BUDAPEST, Ukraine, Poland, Slovakia, Slovak, Hungarian

☆ Hungary gets Ukrainian truck queues as protests clog Polish, Slovak crossings
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Persons: haulers, Trucks, Dennik, Boldizsar Gyori, Jason Hovet, Bernadette Baum Organizations: Truckers, European Union, Authorities, Hungarian Tax, Customs Authority, EU, Thomson Locations: BUDAPEST, Ukraine, Poland, Slovakia, Slovak, Hungarian

Officials with the Southwest Airlines Pilots Association say they too will ask for the right to strike if they don't have a contract deal with the airline in the next few days. “We definitely don't feel any equality here,” said Erik Harris, treasurer of the flight attendants' union. “How come the pilots have gotten their deal and we haven't?”Because of pattern bargaining, Southwest pilots are likely to wind up with raises like those approved for American Airlines pilots. The Southwest pilots' union has already tried and failed once this year to get permission to strike. On Thursday, several dozen American Airlines flight attendants picketed along a thoroughfare outside company headquarters in Texas, some carrying signs reading, “Ready to strike."

Persons: ”, “, Erik Harris, Tom Nekouei, Harris Organizations: —, Airlines, The, Professional, Southwest, Southwest Airlines Pilots Association, U.S, Spirit Airlines, National, Board, American Airlines, Boeing, ”, United Auto Workers, Hollywood, Teamsters, United Parcel Service Locations: Texas, Dallas, Fort Worth, Southwest, ” Dallas

☆ Heavy-duty truck emissions: US Senate upholds Biden veto protecting regulation
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, June 21 (Reuters) - The U.S. Senate on Wednesday confirmed President Joe Biden's veto of legislation that would have stopped the Environmental Protection Agency from enforcing new limits on soot and smog emissions from heavy-duty trucks. A Senate attempt to override Biden's veto got just 50 votes, far short of the 67 affirmative votes that needed. The vote allows the EPA to go ahead with plans to impose the regulations, although it still faces legal challenges. Among the heavy vehicles covered under the regulation are delivery trucks, motor homes, refuse haulers, transit, shuttle and school buses and tractor-trailers. Reporting by Richard Cowan and David Shepardson; Editing by Mark Porter and Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden's, Richard Cowan, David Shepardson, Mark Porter, Conor Humphries Organizations: U.S, Senate, Environmental Protection Agency, EPA, Thomson

☆ Biden vetoes bill that would negate EPA heavy truck pollution cuts
▼ + stars: | 2023-06-14 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The veto preserves Environmental Protection Agency (EPA) rules will "make our air cleaner and prevent thousands of premature deaths by limiting hazardous heavy-duty vehicle pollution," Biden said on Twitter. The EPA standards tighten yearly emissions limits, the first update to clean air standards for heavy duty trucks in more than two decades. "It's really important, especially for protecting the health of the 72 million people living near truck freight routes in America," EPA Administrator Michael Regan told Reuters in December. The EPA also proposed in April cutting light duty passenger car and truck emissions by 56% over 2026 levels. EPA estimates would result in 60% of new vehicles by 2030 being electric and 67% by 2032.

Persons: Mike Blake, Joe Biden, Biden, Michael Regan, David Shepardson, Jonathan Oatis, David Gregorio Our Organizations: Mexican -, REUTERS, WASHINGTON, Wednesday, Congress, Protection Agency, Twitter, EPA, Thomson Locations: Mexican, Mexican - U.S, Otay Mesa , California, America

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow passenger planes are given a second life as cargo jetsDemand to convert retired passenger planes into cargo haulers has surged, a lucrative trend that allows these older jets to serve a new mission: transporting goods ranging from produce to pharmaceuticals worldwide. Cargo rates have eased from record highs, but demand remains high with conversion slots sold out for several years. Converting some larger aircraft can cost more than $30 million. CNBC gets an inside look at what it takes to turn a passenger plane into a freighter.

Organizations: CNBC

Air freight flies in the bellies of passenger planes and dedicated freighters, most of which are converted planes. A Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An old first-class suite on a former Nordwind Boeing 777 slated to be converted to a freighter, March 7, 2023. Aircraft technicians work on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An aircraft technician works on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023.

Persons: Leslie Josephs Organizations: Air, Baltic Air, Boeing, CNBC, CNBC Technicians, Aircraft, Companies, CNBC CNBC, Aspire, Mammoth, Fort Worth , Texas — Locations: Fort Worth , Texas, Texas, Singapore

☆ To Fight Rats, N.Y.C. Restaurants Will Have to Put Trash in Containers
▼ + stars: | 2023-05-18 | by ( Emma G. Fitzsimmons | ) www.nytimes.com time to read: +1 min

In the latest front in New York City’s fight against the proliferation of trash and rats, city officials plan to require restaurants and bodegas to set out trash in containers instead of bags. The move would address one of New York’s ubiquitous, age-old eyesores: the heaps of smelly trash bags filled with restaurant food scraps and liquids that remain at curbside for hours at night, providing easy targets for rats until commercial haulers arrive. “We want people to understand that bags on the street attract rats, and we need everyone to do their part — residents, businesses and the city — to get the black bags of rat food off the streets,” Ms. Tisch said. The rule would apply to a wide range of businesses that produce most of the city’s food waste: catering companies, food manufacturers, restaurants, food wholesalers and retail food stores. They would be required to put trash at the curb in “rigid receptacles with tight-fitting lids.”

☆ A mysterious Indian firm likely tied to Russia's Rosneft amassed an enormous tanker fleet in just 18 months and has become a top shipper of Russian crude, report says
▼ + stars: | 2023-05-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

An India oil firm that's become the top shipper of Russian crude is likely tied to Rosneft, the FT reported. That comes amid India's growing appetite for deeply discounted Russian crude. It's unclear who owns Gatik, though industry experts have suggested the company is likely tied to Rosneft, Russia's largest state-run oil firm. Russian oil makes up 30% of India's crude consumption, up from the 1% prior to Russia's invasion of Ukraine, according to official trade statistics. Russia, in response, has built up its fleet of shadow ships, which are believed to transport Russian crude to the west via uninsured and under the radar vessels.

☆ A new long Covid treatment shows promise, but insurance won't cover it and some doctors are skeptical: Here's why
▼ + stars: | 2023-04-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +7 min

Some long Covid patients swear by the treatment, with one describing it to CNBC Make It as a "total game changer." That's a huge stumbling block for many medical experts, who caution against viewing it as a universal remedy for long Covid. Most of the ones who do get treated have reported improved long Covid symptoms, the clinic adds. That's because a variety of underlying physiological conditions — like chronic lung issues, for example — can "drive different manifestations of long Covid," says Dr. Lucy Horton, an infectious disease physician who founded the long Covid clinic at UC San Diego Health. "For many [Covid] long haulers, including myself, financial freedom is gone because we can't work full-time."

☆ Long Covid disabled them. Then they met a ‘broken’ Social Security disability process
▼ + stars: | 2023-02-25 | by ( Morgan Stephens | ) edition.cnn.com time to read: +12 min

And two Congressional bills addressing the long Covid crisis — The “Covid-19 Long Haulers Act,” which would’ve collected data on long Covid patients with the goal of creating better care and treatment, and “The Care For Long Covid Act” would’ve improved research, centralized data and resources for people with Long Covid — died without making it out of committee. Disabled by long Covid since March 2020, she lives with her spouse and their 7-year-old son in Portland, Ore. “We didn’t design our life to be a single-income household.”Other long Covid patients have rearranged their finances, too. His company’s private long-term disability insurance pays a smaller percentage of the monthly benefit payout when federal disability pays a portion. “They’re not only dealing with long Covid complications, but they’re dealing with financial complications,” she said of her clients.

☆ Infected in the first wave, they navigated long COVID without a roadmap
▼ + stars: | 2023-02-20 | by ( Julie Steenhuysen | ) www.reuters.com time to read: +6 min

Three years later, at least 65 million people worldwide are estimated to have long COVID, according to an evidence review published last month in Nature Reviews Microbiology. An analysis of thousands of health records by the RECOVER trial found that non-Hispanic white women in wealthier areas were more likely than others to have a long COVID diagnosis. Researchers said that likely reflected disparities in access to healthcare, and suggests that many cases of long COVID among people of color are not being diagnosed. She has since been diagnosed with long COVID and can no longer work. Other infections such as Lyme disease can result in long-term symptoms, many of which overlap with long COVID.

☆ As water dries up in Arizona community, residents use rainwater to flush toilets and plastic plates to avoid dishwashing
▼ + stars: | 2023-01-19 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Another 200 homeowners in Rio Verde get water from wells on their property that are running dry, forcing them to periodically rely on water haulers, as well, residents said this week. The municipal utility Scottsdale Water decided to cut off Rio Verde Foothills to reduce its consumption as drought persists throughout the West. Arizona relies on water from the diminishing Colorado River, which supplies water to about 40 million people in several states. The utility informed Rio Verde Foothills in November 2021 that its water would be cut off starting this year. Scottsdale’s conservation efforts have left nearby residents of Rio Verde Foothills without enough water for basic necessities, such as doing laundry and washing dishes.

☆ Long Covid is distorting the labor market — and that's bad for the U.S. economy
▼ + stars: | 2022-12-08 | by ( Greg Iacurci | ) www.cnbc.com time to read: +13 min

She eventually learned that the balance issues and ear pain resulted from a damaged vestibular nerve, a known effect of long Covid. She found that 2 million to 4 million full-time workers are out of the labor force due to long Covid. For one, many of the hundreds of potential long Covid symptoms are invisible to others, even if disabling for the afflicted. Why the long Covid labor gap mattersJerome Powell, chair of the Federal Reserve, mentioned Sheiner and Salwati's long Covid research in a recent speech about inflation and the labor market. That burden will continue to rise if long Covid patients don't start recovering at greater rates, she said.

☆ Faucets poised to run dry for hundreds of Arizona residents by year's end
▼ + stars: | 2022-11-17 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Scottsdale residents also were urged to reduce their usage as a first step toward more stringent restrictions. Some Rio Verde Foothills residents said they don't know how such an important issue could have dragged on so long without a resolution. Rio Verde Foothills resident Jennifer Simpson. Rio Verde Foothills. “I’m sure that if there’s no access to water, we’d be up in arms.”Many Rio Verde Foothills residents say they feel abandoned.

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