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“I knew I wanted to have my own business,” Mrs. Monrroy said on a recent weekday afternoon on Hollywood Boulevard, where her childhood wish has come true. “Mango, water, soda, Gatorade, hot dog!” she calls out to the crowds traipsing over Hollywood Walk of Fame stars dedicated to Bruce Willis and Billy Crystal. In Los Angeles alone, an estimated 10,000 street vendors sell food. Until recently, vendors along Hollywood Boulevard were operating outside the law. And while longtime street vendors respect and recognize the turf of other regulars, there are more sellers working in the area, and competition has increased.

Persons: Kurtis Lee, Ruth Monrroy, “, ”, Monrroy, Bruce Willis, Billy Crystal, —, carne asada tacos Organizations: Gatorade, Hollywood Locations: Guatemala, California, Fresno, Oakland, Los Angeles, Hollywood

☆ Composting could be set for U.S. boom, and it needs one, decades behind recycling
▼ + stars: | 2024-06-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Some states, municipalities and private-sector companies are pushing to make composting as commonplace as recycling. Yet data from the Environmental Protection Agency shows little residential food waste is composted in the U.S. — 3.7% as of an April 2023 report. These include at-home options, curbside bins, drop-off locations and private valet services that pick up food waste from multi-family homes. Thousands of composting facilities neededFranciosi said his organization has been fielding more calls from municipalities that are interested in composting, but funding challenges remain. Another challenge is the dearth of composting facilities.

Persons: Scott Smithline, Jenny Grant, Frank Franciosi, Stacy Savage, Franciosi, Grant, Lauren Organizations: PepsiCo, Environmental Protection Agency, California Department of Resources Recycling, Zero, Local Locations: U.S, Vermont, California, Europe, REA, New York City, Bronx, Manhattan, Brooklyn, Queens, Staten

☆ The Big Number: $5 Billion
▼ + stars: | 2024-06-28 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

Volkswagen, the German car company, said this week that it would invest up to $5 billion in Rivian, the American electric vehicle manufacturer that makes electric pickup trucks, sport utility vehicles and delivery vans. The deal will help Rivian, which has never turned a quarterly profit, make more electric vehicles and help convince investors of its stability. Rivian, which was founded in 2009 as Mainstream Motors, had billions in investments by 2021, including from Amazon, BlackRock and Ford. But as the case with many new electric vehicle companies, Rivian has also experienced hiccups in trying to ramp up to production, made harder by supply chain issues during the pandemic. In March, Rivian said it would pause construction of a $5 billion factory in Georgia to save money.

Persons: Rivian Organizations: Volkswagen, Motors, Amazon, BlackRock, Ford Locations: Rivian, Georgia, Normal

☆ Ford CEO says a profitable $30,000 EV is coming in two and a half years
▼ + stars: | 2024-06-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. "You have to make a radical change as an [automaker] to get to a profitable EV. Ford's EV unit lost $1.32 billion during the first quarter of this year on 10,000 vehicles wholesaled. Farley said it's crucial for Ford to make profitable EVs in the next five years, as Chinese automakers continue to expand globally. "And if we don't make profitable EVs in the next 5 years, what is the future?

Persons: Jim Farley, Farley, Tesla, Ford, CNBC's Julia Boorstin, they're, Ford's Organizations: Washington , D.C, Ford Motor, Aspen Ideas, Ford, EV Locations: Washington ,, U.S, Canada, North America

☆ Analysis, fits for all 58 NBA Draft picks from John Hollinger and Sam Vecenie
▼ + stars: | 2024-06-26 | by ( John Hollinger | Sam Vecenie | ) www.nytimes.com time to read: +109 min

He’s going to be a killer rebounder, monster screener and will consistently establish his position even against some of the stronger NBA players. I’m done doubting Edey, even as an NBA player. As an enormous ballhandler with serious touch and incredible vision as a passer, Topić is clearly an NBA player, even if it doesn’t all translate. Shannon is an elite athlete, but the NBA game requires more nuance, especially if he continues to be an inconsistent shooter. However, I also think he’s more than just a floor spacer on offense in spot-up situations and potentially as an off-ball scorer.

Persons: Read Sam Vecenie’s, Sam Vecenie, John Hollinger, Zaccharie Risacher, Zaccharie, Risacher, he’s, he’d, —, Saddiq Bey, De’Andre Hunter, Jalen Johnson, Dejounte Murray, Alexandre Sarr, Chet Holmgren, Victor Wembanyama, Myles Turner, Wembanyama, Holmgren, Nic Claxton, Kyle Kuzma, Flagg, Reed Sheppard, Sheppard, Sheppard isn’t, he’ll, Lonzo, Tyrese Haliburton, savants, Houston couldn’t, He’s, Donovan Clingan, Ron Holland, Holland, haven’t, don’t, Aaron Gordon, Cade Cunningham, Trajan Langdon, Tidjane, it’s, Mark Williams, Miles Bridges, Jarrett Allen, Deandre Ayton, Clingan, Ayton, Robert Dillingham, Dillingham, Tyrese Maxey —, Maxey, Trae Young, Ja Morant, Morant, Young, Dennis Schröder, Mike Conley, Zach Edey, Edey, I’m, Joel Embiid, Zach Kleiman, It’s, Devin Carter, Matas, Cody Williams, Williams, isn’t, We’re, Buzelis, Patrick Williams, Nikola Topić, Nikola Djurišić, Topić, “ Vasa, Shai Gilgeous, Alexander, Carter, Carlton “ Bub ” Carrington, Bub Carrington, Carrington, White, Will, Kel’el Ware, Ware, doesn’t, Wood, There’s, Thomas Bryant, Orlando Robinson, Bam Adebayo, Philadelphia 76ers Jared McCain, Duke Vecenie’s, Jared McCain, McCain isn’t, Seth Curry, McCain, Dalton Knecht, He’ll, Knecht, Will Hardy, Erik Spoelstra, Tristan da Silva, Tristan da Silva’s, da Silva, Jett Howard, Da Silva, Johnny Furphy, Ja’Kobe Walter, Walter, Gary Trent Jr, Bruce Brown, Isaiah Collier, Scottie Barnes, RJ Barrett, Jaylon Tyson, Tyson, Yves Missi, Yves Missi’s, Clint Capela, Zion Williamson, Missi, Jonas Valančiūnas, Larry Nance Jr, DaRon Holmes, Holmes, Jaylin Williams, Zeke Nnaji, A.J, Johnson, Jackson, Giannis, Kyshawn George, Kyle Anderson, George, Washington, George ., Dadiet, evaluators, Tobias Harris, Harris, Dillon Jones, Jones, Cason Wallace, Lu Dort, Alex Caruso, Nikola, rebounder, Minnesota Timberwolves Terrence Shannon Jr, Terrence Shannon, Shannon, Bart Torvik’s, Buddy Hield, Jimmer Fredette, Chris Duarte, Ochai Agbaji, Matisse, Marshon Brooks, Quincy Pondexter, Lazar Hayward, Davon Reed, Carrick Felix, Orlando Johnson, Hield, Phoenix Suns Ryan Dunn, Ryan Dunn, I’ve, Herb Jones —, Dunn, Derrick Jones Jr, Herb Jones ’, Hollinger, Joanna Gaines, Utah Jazz Isaiah Collier, Collier, Kris Dunn, Baylor, Creighton Vecenie’s, Baylor Scheierman, closeouts, didn’t, Toronto Raptors Jonathan Mogbo, Francisco Vecenie’s, Jonathan Mogbo, Utah Jazz Kyle Filipowski, Kyle Filipowski, Kristaps, Nikola Jokić, Brook Lopez, Duke, Milwaukee Bucks Tyler Smith, Tyler Smith, Smith, let’s, AJ Johnson, Christian Wood, Bobby Portis, Tyler Kolek, Jalen Brunson, Antonio didn’t, Juan Núñez, Juan Núñez’s, Monte Morris, — Morris, McConnell, Sergio Rodriguez, Rodriguez, Núñez, Klintman, Ajay Mitchell, UC Santa Barbara Vecenie’s, Mitchell, Wells, wasn’t, Oso, Ighodaro, Nikola Vučević, Philadelphia 76ers Adem Bona, Adem Bona, Bona, Paul Reed’s, Charlotte Hornets K.J, Simpson, Simpson isn’t, AJ Griffin, Djurišić, Pelle Larsson, Pelle Larsson’s, Larsson, Duncan Robinson, Jamal Shead, Eric Bledsoe, Patrick Beverley, Shead, I’d, Kyle Lowry, Cam Christie, Christie, Nickeil Alexander, Walker, Max, Antonio Reeves, Reeves, He’d, Nate Duncan, hadn’t, That’s, Jordan Hawkins, San Antonio Spurs Harrison Ingram, Harrison Ingram, Ingram, Newton, Tristen Newton, . Indiana Pacers Enrique Freeman, Enrique Freeman, Paul, Millsap, Freeman, Melvin Ajinça, Quentin Vecenie’s, Ajinça, Trent, Cam Spencer, Spencer doesn’t, Spencer, Luke Kennard’s, Boston Celtics Anton Watson, Gonzaga Vecenie’s, Anton Watson, He’s switchable, Watson, James, Bronny James, that’s, Still, LeBron James, Kevin McCullar Jr, Kevin McCullar, Ulrich Chomche, Ariel Hukporti, Tristan Vukčević, Khalifa Diop, Karlo Matković, Marko Simonovic, Luke Hales Organizations: Hawks, Atlanta, Perth Wildcats, Defense, NBA, Wizards, Kentucky, Wildcats, UCLA, Tyrese, Iowa State, Stephon, Spurs, Ignite, League, Pistons, Deandre, Minnesota Timberwolves, 76ers, Dillingham, Purdue, IMG, intel, Grizzlies, Edey, Memphis, Colorado, Sunrise, Lithuanian GM, Bulls, Crvena Zvezda Vecenie’s, Mega, Red Star, doesn’t, Oklahoma City, Providence Vecenie’s, Sacramento, Kings, Washington Wizards, Blazers, Carlton, Pittsburgh, Indiana, Philadelphia 76ers, Duke, McCain, Philadelphia, Sixers, Tennessee, Lakers, NCAA Tournament, Baylor, Houston, Denver Nuggets, Suns, Dayton Vecenie’s, Nuggets, Denver, Ilawarra Hawks, Jackson, Bucks, Miami, New York Knicks, Ratiopharm Ulm, Knicks, Oklahoma City Thunder, Weber State, Golden State Warriors, Illinois, Wolves, Phoenix Suns, Virginia Vecenie’s, Alabama, Mavericks, Dallas, Utah Jazz, USC, Trojans, Jazz, Baylor Scheierman, Celtics, Hoop, Toronto Raptors, Francisco, Raptors, Brook, Utah, Milwaukee Bucks, Marquette, Mikal Bridges, . Indiana Pacers, SAS, Kansas, San Antonio Spurs, today’s NBA, Ratiopharm, Detroit Pistons, Cairns, UC Santa Barbara, Belgian, Thunder, Memphis Grizzlies, Washington, Washington State, Charlotte Hornets, Atlanta Hawks, G League, Rockets, Miami Heat, Arizona, SAC, Summer League, Minnesota, Pelicans, Clippers, New Orleans Pelicans, North Carolina Vecenie’s, Stanford, Ingram, Pacers, UConn, Akron Vecenie’s, Louisiana Tech, MAC, Dallas Mavericks, Saint, Boston College Vecenie’s, Boston College, Boston Celtics, Gonzaga, Los Angeles Lakers, G, NBA Academy Africa, NBA Academy, Melbourne United Locations: Zaccharie, Indiana, Washington, Kentucky, Iowa, Haliburton, Sheppard, Connecticut, San Antonio, Detroit, Portland, Dillingham, Minnesota, Memphis, Colorado, Lithuanian, Chicago, Oregon, Miami, Philadelphia, Tennessee, Utah, California, Atlanta, Orleans, Oklahoma, Dayton, Denver, Fla, Swiss, Dadiet, New York, Shannon, Kansas, Alabama, Virginia, Collier, Boston, Oklahoma City, Milwaukee, Marquette, He’s, Europe, Spain, Spanish, Ratiopharm Ulm, Núñez, NY, OKC, Arizona, Philly, Charlotte, ORL, North, Newton, Akron, Ajinça, Africa, DAL, Cleveland

☆ Nvidia, Apple, other tech giants flash weakness. Here are buy levels to consider as entry points
▼ + stars: | 2024-06-26 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Apple and Alphabet pulled back to the support levels we highlighted and have since rallied strongly. As we can see, $400 served as a key support level three times early this year (the second black horizontal line). Here, we are again applying the polarity principle and using prior resistance as the new support level. We see that $166 has proven a key support level (the top black horizontal line) ever since that post-earnings breakout. Nvidia Potential entry points: $120, $110, and $100 Just below Tuesday's close, around $120, that's a battleground level (the top black horizontal line).

Persons: It's, we've, We're, it's, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Nvidia, Microsoft, Amazon, Big Tech, Club, Apple Intelligence, Developers, CNBC, NVIDIA, Publishing, Getty Locations: HANGZHOU, CHINA, Hangzhou city, Zhejiang province, China

☆ I'm an American mom living in the UK. When my kids visited the US they were shocked at how 'big the food' is and how every drink is mostly ice.
▼ + stars: | 2024-06-26 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +4 min

Read previewIt has been nearly eight years since my three Welsh children have visited my family in the United States. Bigger cars and bigger roadsAfter landing in Washington, DC, and retrieving our bags, we entered the parking lot. The two older kids quickly observed that the cars weren't like the ones in the UK. My kids immediately noticed that, along with cars, the roads in the US are much bigger than in the UK. "All the food is big," one of them whispered to me as he gazed at the shelves of food.

Persons: —, it's, we've, they've, Bob Evans Organizations: Service, Business, DC, AC Locations: United States, Washington ,, GMCs

☆ My family moved to Europe for the summer — our Airbnb cost $4,000 less than sending my kid to day camp in the US
▼ + stars: | 2024-06-26 | by ( Jordi Lippe-Mcgraw | ) www.businessinsider.com time to read: +5 min

AdvertisementRenting our accommodations abroad cost significantly less than sending our child to summer camp, and it came with perks. There are benefits of living abroad as a family that aren't financialWe took a train ride to Geneva, Switzerland. Because my husband and I can do our jobs remotely, we were able to spend this summer abroad without compromising our professional commitments or paychecks. I'd consider making these extended family trips a traditionThis summer was a bit of an experiment. Perhaps we can even switch between day camp and family vacations every year.

Persons: —, Jordi Lippe, McGraw, He'd, Big Ben, I'd, I'm Organizations: Service, Business, de France, Alpine Locations: New York, Zurich, Austria, Geneva, Switzerland, Feldkirch, Vaduz, Liechtenstein, London, East Coast

☆ Your Ford pickup could be one of the half million trucks being recalled for suddenly shifting gears
▼ + stars: | 2024-06-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Ford has issued a recall notice for over 550,000 of its 2014 model F-150 pickup trucks in the US. The recall came after users complained that the trucks would suddenly drop to first gear. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementFord has issued a recall for half a million of its F-150 pickup trucks after receiving hundreds of complaints that they suddenly downshifted to first gear.

Persons: Ford, —, downshifted Organizations: Service, National, Traffic Safety Administration

☆ Off Gaza’s coast, truckloads of aid roll off a US military pier – only to remain uncollected
▼ + stars: | 2024-06-25 | by ( Jeremy Diamond | ) edition.cnn.com time to read: +4 min

CNN —After a series of mishaps, trucks of humanitarian aid are now beginning to roll onto the US military pier off the Gaza coast at a steadier pace. The US military says it is now moving about 800 pallets of humanitarian aid per day to Gaza via the temporary pier, or roughly 40 trucks. Humanitarian aid operations in Gaza have been severely hampered by an increase in Israeli military operations over the past month and humanitarian aid officials say lawlessness and looting are also on the rise. The Israeli military says it has been getting hundreds of aid trucks into Gaza recently, blaming humanitarian aid agencies’ lack of capacity for not picking up and distributing the aid. Pressed on criticism from humanitarian aid groups that the US’s $230-million effort would have been better spent pressuring Israel to get more aid into Gaza via land routes, Capt.

Persons: Leo Correa, Joe Biden, Israel, Joel Stewart, ” Organizations: CNN, Food, Army, Pentagon, Navy Locations: Gaza, Israeli, American

☆ I tried the AI-powered dating app Rizz, which costs $20 a month and analyzes your texts to offer advice
▼ + stars: | 2024-06-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Rizz, an AI-powered app that generates pickup lines and responses, now has a "Decode" feature that analyzes screenshots from your conversations. AdvertisementThe "Decode" feature often recommends meeting up. That limits the effectiveness of the "Decode" feature and suggestions for how to respond. Gemini has the option to upload screenshots so it provided the most similar type of service, but it was more thorough and offered a deeper analysis with action items. Character.AI doesn't offer the ability to upload screenshots, so instead I came up with an imaginary scenario and asked it how to respond.

Persons: —, Rizz, Roman Khaves, Khaves, I've, Rizz Khaves, hasn't, aren't, chatbot, Gemini Organizations: Service, Business

Moreover, the partnership will enable Rivian to cut operating costs by leveraging volumes of supplies including chips and components, he said. It will also help Rivian, known for its flagship R1S SUVs and R1T pickups, turn cashflow positive. Volkswagen will immediately invest $1 billion in Rivian through a note that will convert to stock on Dec. 1, subject to regulatory approvals. The German automaker will also invest $2 billion in Rivian stock - $1 billion each in 2025 and 2026 - subject to the startup hitting certain milestones, and provide a $1 billion loan in 2026. Rivian stock has halved so far this year.

Persons: Stephane Mahe, RJ Scaringe, Vitaly Golomb, Herbert Diess, Diess, Rivian, Scaringe, Sam Fiorani, Mavka Capital's Golomb, VW's Cariad, Abhirup Roy, Ben Klayman, Noel Randewich, Christina Amann, Harshita Varghese, Sayantani Ghosh, Rod Nickel, Matthew Lewis, Leslie Adler Organizations: Volkswagen, REUTERS, Reuters, JV, Audi, Porsche, Lamborghini, Bentley, Volkswagen Group, Mavka, VW, AutoForecast Solutions, Traders, S3 Partners, Rivian, Thomson Locations: Reze, Nantes, France, Europe, Asia, North America, U.S, German, South Carolina, San Francisco, Detroit, Oakland , California, Berlin, Bengaluru

☆ Rivian secures up to $5 billion from Volkswagen, shares soar 40%
▼ + stars: | 2024-06-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian , starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. Shares of Rivian soared roughly 40% during after-hours trading Tuesday – two days ahead of an investor event for Rivian, which has been under pressure from Wall Street due to its cash burn and significant losses. The Detroit automaker sold a majority of its Rivian shares by 2023 after walking back a plan to codevelop EVs with the company. Rivian reported $7.86 billion in cash, cash equivalents and short-term investments to end March, with more than $9 billion in total liquidity.

Persons: Rivian, Rivian's Organizations: VW, Volkswagen, Ford Motor, Amazon, Detroit, Scout Motors Locations: California, South Carolina, Illinois, Georgia, Normal , Illinois

☆ Tesla recalls Cybertruck to fix faulty windshield wipers, loose trim
▼ + stars: | 2024-06-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

One is to fix problems with trim pieces, which can loosen and fall off the trunk, and the other is to address faulty motor controllers in the front windshield wipers. The report said a "non-functioning windshield wiper may reduce visibility in certain operating conditions, which may increase the risk of a collision." Tesla plans to replace the motor controller in the Cybertruck windshield wipers for customers. An earlier Cybertruck recall was issued to repair an accelerator pedal issue. The recall disclosures for the windshield wiper issue said that from Nov. 13, 2023, to Jun.

Persons: Tesla, —, didn't, Elon Musk, Musk, Tesla's, It's Organizations: National, Traffic Safety Administration, Ford, Tesla Locations: U.S, Austin , Texas, China

☆ Jude Law and Alicia Vikander Talk Smells, Sex Scenes in 'Firebrand'
▼ + stars: | 2024-06-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementIn a joint interview, the two discuss what it was like making "Firebrand," from working with Law's decaying-body perfume to the movie's unexpectedly "hilarious" sex scenes. Jude Law and Alicia Vikander in "Firebrand." Jude: I use it quite a lot because, as Alicia said, it's a really good way of... You've got to step into these characters every day. There are a lot of frankly kind of gross sex scenes that really drive home just the unbalanced, fraught nature of Henry and Katherine's relationship. Jude Law and Alicia Vikander in "Firebrand."

Persons: Jude Law, Count Alexei Alexandrovich Karenin, Joe Wright's, Anna Karenina, Alicia Vikander, —, Oscar, Kitty, Karim Aïnouz's, King Henry VIII's, Katherine Parr, Parr, Anne Boleyn, she's, Karim, Law, Katherine, Larry Horricks Jude, Alicia, Jude, I'd, Joe Wright, it's, You've, Henry, that's, Larry Horricks, I've, would've, there's, Everyone's, Vikander, Ripley, Irma Vep, you'll, Raff, Monica Schipper, John Nacion, WireImage Jude, Glen Powell, It's Organizations: Business, Law, Netflix Locations: South Africa

☆ Wading Through Neck-High Waters in Iowa, a Husband Implored His Wife to Keep Going
▼ + stars: | 2024-06-24 | by ( Ann Hinga Klein | Mitch Smith | ) www.nytimes.com time to read: 1 min

Wanda and Randy Bliek awoke on Saturday to the sound of water lapping against the walls of their home in Rock Valley, Iowa. The couple rushed to their pickup truck and drove onto the street, but surging water pushed them against the curb. Unable to open the truck doors, they said, they escaped through the windows and climbed out into the neck-high current gushing down their street. For eight long blocks, they alternated between swimming and walking to safety while neighbors screamed for help from their roofs. At one point, Ms. Bliek, 65, told her husband she was not sure she could continue.

Persons: Wanda, Randy Bliek, Bliek Locations: Rock Valley , Iowa

☆ Israeli hostages group publishes new October 7 videos, as anger boils over Netanyahu interview
▼ + stars: | 2024-06-24 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

“Here are the dogs, here they are,” one of the gunmen can be heard saying. Hamas released a video of Goldberg-Polin in April, the first proof that he survived the blast. In the video, he criticized Netanyahu’s government, as other Israeli hostages in Hamas propaganda videos have done. Our position has not changed.”Relatives and supporters of Israeli hostages demand their release at a protest in Tel Aviv in April. Eight people survived by hiding under the bodies of the dead, while Goldberg-Polin was one of several hostages taken.

Persons: Benjamin Netanyahu’s, Hersh Goldberg, Levy, Eliya Cohen, Goldberg, Polin, Netanyahu’s, Netanyahu, ’, Joe Biden, Hersh, Eliya, Netanyahu –, Gadi Eisenkot –, –, “, ”, Biden, Faiz Abu Rmeleh, Cohen, Rachel Goldberg Organizations: CNN, US, Monday, Getty, Nova Locations: Israel, American, Gaza, Tel Aviv

☆ How Chinese EV makers are slowly taking over the world
▼ + stars: | 2024-06-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +14 min

Chinese carmakers accounted for 88% of the EV market in Brazil and 70% in Thailand in Q1, according to ABI Research figures. The EV markets in many of these countries are small now, but they're growing rapidly. This is because Chinese automakers are known for their ability to build electric cars for less than their foreign competitors. Australian Senator and shadow cyber-security minister James Paterson said earlier this year that Chinese EVs pose a growing cybersecurity risk. "India is still a little wary of the Chinese market," said Dylan Khoo, an analyst at ABI Research.

Persons: —, BYD, Joe Biden, Bill Russo, Susan Walsh Sam Fiorani, Luiz Inácio Lula da Silva, São Paulo, Luiz Inacio Lula da Silva, Marcel Martin, Katherine Tai, Elon Musk, SONNY TUMBELAKA, They're, Automobility, Tesla, John Keeble, James Paterson, Fiorani, Indranil Aditya, Dylan Khoo, Warren Buffett, Xpeng, William Li, HECTOR RETAMAL, America's, Russo, WuYuan Organizations: Service, Detroit, EV, Business, Research, Ford, Toyota, Volkswagen, EU, AP, AutoForecast Solutions, Brazilian Electric Vehicle Association, Great Wall Motors, Anadolu Agency, Getty, International Council, Clean Transportation, Chery, Total, China Passenger Car Association, Reuters, Honda, Mitsubishi, International Energy Agency, Federal, of Automotive Industries, SAIC, AutoForecast, BYD, SAIC Motors, India's, ABI Research, Union Locations: Camaçari, Brazilian, Bahia, Brazil, Mexico, Southeast Asia, Europe, Thailand, China, Shanghai, EU, São, Johannesburg, South Africa, Southeast Asia Southeast Asia, Malaysia, Vietnam, Indonesia, Indonesia's West Java, Philippines, Australia, Hangzhou, Queensland, India India, India, Europe Europe, Hungary, France, Spain, Portugal, South Korea

☆ New Tesla video shows an early glimpse at how Elon Musk's robotaxi service could look
▼ + stars: | 2024-06-20 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewWe're less than two months away from Tesla's Robotaxi unveiling, but we're already getting an early glimpse at the ride-hailing platform on which the autonomous vehicles are expected to operate. "Still pinching myself that I got to demo Tesla's ride-hailing platform!" The video shows Nathans requesting the service by pressing a black-and-white circle with the word "Summon" within an app. The video shows Nathans adjusting her preferred temperature before the car arrives. AdvertisementTesla's Full Self-Driving software, which is still in beta, is the underlying software technology that the company is working on to power a stand-alone Tesla Robotaxi service.

Persons: —, Tesla's, we're, Rosalie Nathans, she's, Nathans, there's, Elon Musk's, Tesla, Musk, Walter Isaacson Organizations: Service, Tesla, Business, Elon, EV, Reuters Locations: Texas

☆ Mortgage demand flattens even as interest rates hit the lowest level since March
▼ + stars: | 2024-06-19 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +1 min

Consumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. "Mortgage rates dropped last week following the latest inflation data and the FOMC meeting," said Mike Fratantoni, MBA's SVP and chief economist. Mortgage applications to purchase a home rose 2% for the week and were 12% lower than the same week one year ago. Mortgage rates moved a little bit higher to start this week but then pulled back Tuesday after weaker than expected retail sales data.

Persons: Mike Fratantoni, Matthew Graham Organizations: Mortgage, MBA's, Mortgage News

☆ Elon Musk seems pleased that Dubai police are now driving a Cybertruck
▼ + stars: | 2024-06-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Dubai is adding a Cybertruck to its fleet of luxury police vehicles. Elon Musk is thrilled, but the Tesla pickup is unlikely to be chasing down criminals anytime soon. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDubai has added a Cybertruck to its fleet of luxury police vehicles — much to Elon Musk's satisfaction. Its police force said on X it now had the Tesla as part of its "tourist police" patrol fleet, posting an image of a Cybertruck in green and white livery.

Persons: Elon Musk, Tesla, —, Elon Organizations: Service, Dubai Police General Command Locations: Dubai

☆ I never stay in Las Vegas for more than 2 nights. This is my foolproof itinerary for maximizing a weekend in Sin City.
▼ + stars: | 2024-06-16 | by ( Jill Schildhouse | ) www.businessinsider.com time to read: +6 min

Read previewI've been going to Las Vegas regularly since the early 2000s and have adopted a firm policy to never stay more than two nights. A well-planned weekend trip also makes it possible for travelers to use fewer PTO days — although almost half of US workers don't take all of their paid time off each year anyway. Here's how my cousin and I spent a weekend in Vegas on my most recent trip. Next, we headed to one of the highlights of any trip to Vegas: high tea at the Tea Lounge at the Waldorf. The Tea Lounge at the Waldorf Jill SchildhouseFor dinner, we headed to KYU at Fontainebleau Las Vegas for incredibly flavorful Asian-inspired and wood-fired dishes.

Persons: —, I've, Jill Schildhouse, Cheri, Martha Stewart, Dita Von Teese's, Schildhouse, brunch, KYU, Thomas Keller's, Bobby Flay's Organizations: Service, Business, Flight, Paris Hotel, Eiffel, Sala, COMO Poolside, Bellagio, Waldorf, Fontainebleau Las, Resorts, Paradox Museum Locations: Las Vegas, Sin City, Vegas, Bellagio, Bedford, Paris, Bedford , New York, COMO, Fontainebleau, Fontainebleau Las Vegas, Luxor, Caesar's

☆ Take a look at some of the coolest new AI features announced by Apple that you may have missed
▼ + stars: | 2024-06-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewTim Cook unveiled Apple's generative AI strategy, which it calls "Apple Intelligence," at its Worldwide Developer Conference earlier this week. At its biggest conference, Apple revealed a bunch of cool AI features that will be launched through its upcoming software update, iOS 18, and on its latest Mac and iPad operating systems. Apple said Mail is also getting a "Smart Reply" boost, which will offer suggestions for automatic responses. It will also have a "Reduce Interruptions" feature that Apple says will "help users stay present" in whatever they are focused on. Record and transcribe audio files in the Notes appNotes is getting an AI boost.

Persons: —, Tim Cook, Apple, Siri, Siri's, You'll Organizations: Service, Apple Intelligence, Worldwide, Apple, OpenAI, Business

☆ Elon Musk has been spotted wearing Cybertruck shoes. Here's how you can get a similar pair.
▼ + stars: | 2024-06-14 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The Tesla CEO has been seen multiple times wearing black shoes with the word "Cybertruck" on them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk has been hyping up Tesla's angular pickup Cybertruck for a while now. The Tesla CEO has been sporting new go-to footwear lately: a pair of sneakers bearing the word "Cybertruck" on them. He was seen wearing them in December in Rome at a meeting organized by the right-wing Italian political party Brothers of Italy.

Persons: Elon Musk, —, he's Organizations: Service, Business Locations: Rome, Italy

☆ A conservative way to get long legacy auto stocks as they rebound from EV troubles
▼ + stars: | 2024-06-13 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Geologist M. King Hubbert developed the "peak oil" theory in the 1950s. He famously projected that U.S. oil production would peak between 1965 and 1970, which seemed accurate as U.S. oil production did peak around 1970. Hubbert's prediction about the U.S. oil production peak was largely accurate for conventional oil production. Still, global oil production has not followed Hubbert's anticipated timeline due to discoveries, technological advancements, and new extraction techniques. Hydraulic fracturing (fracking) and deep-water drilling have significantly increased oil production beyond what was initially thought possible.

Persons: M, King Hubbert, Hubbert, Hubbert's, I've, Ford Organizations: Federal Electric Vehicle, ICE, GM, Ford, Trade Locations: United States, California

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