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☆ New data shows car thefts are on the rise — here's how auto insurance can help
▼ + stars: | 2023-03-12 | by ( Elizabeth Gravier | Jason Stauffer | ) www.cnbc.com time to read: +9 min

The NICB recommends drivers check to make sure their car insurance policy is up to date, but don't assume that your policy will cover your stolen car. You'll need comprehensive coverage to cover theftWith the exception of New Hampshire and Virginia, every state requires you to have a car insurance policy to drive. One of CNBC Select's top picks, Farmers Insurance, makes coverage cheaper with 22 discounts on car insurance. Take steps to prevent auto theftEven if you do have comprehensive coverage, having your car stolen isn't ideal. While you can take steps to prevent car theft, you'll need to have comprehensive coverage if you want theft to be covered.

☆ Boat capsizes off Madagascar on way to Mayotte, 22 killed
▼ + stars: | 2023-03-12 | by ( ) www.reuters.com time to read: 1 min

ANTANANARIVO, March 12 (Reuters) - Twenty two people died when a boat carrying them off Madagascar capsized while they attempted to sail to the French island of Mayotte, Madagascar's port authority said on Sunday. The boat, which was carrying 47 people, capsized on Saturday in the seas off Ankazomborona in the north of Madagascar, the Maritime and River Port Agency said in a statement. The agency said the boat had suffered an accident, after which 23 of those on board were saved, while 22 bodies had been found. A police officer who did not wish to be named said most of those who had been rescued had fled to avoid being apprehended for attempting to travel to Mayotte. Reporting by Lovasoa Rabary; Writing by George Obulutsa; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Startup from ex-Apple team raises $100 million, works with OpenAI
▼ + stars: | 2023-03-08 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

March 8 (Reuters) - Humane Inc, a startup founded by former Apple Inc (AAPL.O) employees, said on Wednesday it has raised $100 million and will release its first products this spring. Sam Altman, OpenAI's founder and a previous Humane investor, participated in funding round on Wednesday, the company said. Humane also said that Microsoft Corp (MSFT.O), which has built a massive cloud computing infrastructure specifically for AI, took part in the funding round. Humane said it will partner with Microsoft's cloud to bring Humane's software services platform to market. Reporting by Stephen Nellis in San Francisco Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Government launches investigation into deadly Tesla accident on California highway over possible use of automated driver technology
▼ + stars: | 2023-03-08 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

A Tesla hit a fire truck that was parked and blocking lanes on a California freeway last month. The NHTSA opened an investigation Wednesday into whether the car was using a driving assistance system. At least 15 incidents have been reported involving a Tesla crashing into a stationary emergency vehicle, according to The Associated Press. The spokesperson said the department is conducting its own safety investigation and "assessing the repairability" of the $2.1 million fire truck. —Con Fire PIO (@ContraCostaFire) February 18, 2023While the highway patrol is conducting an official investigation into the accident, the fire department spokesperson told Insider the Tesla hit the truck "while traveling at highway speeds."

☆ A YouTuber charged a non-Tesla EV at a Supercharger and it 'descended into chaos'
▼ + stars: | 2023-03-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Marques Brownlee took his Rivian R1T to a Supercharger that had just been opened to non-Teslas. He said non-Tesla EVs sometimes took up multiple parking spots due to their charging port locations. The YouTuber said the charging station makes his Rivian a better car, but cuts into Tesla's advantage. Youtuber Marques Brownlee took his Rivian R1T to a Tesla Supercharger in rural New York last week and he said on Twitter that the visit "descended into chaos" when other non-Tesla drivers showed up as well. The billionaire agreed to begin opening up some of the electric-car maker's Superchargers to non-Tesla owners earlier this year.

Mithat Sancar, co-leader of the left-wing Peoples' Democratic Party (HDP), parliament's third biggest, made the appeal late on Monday after the six-party opposition bloc announced that Kemal Kilicdaroglu would be its candidate. "The open support of the HDP would draw (negative) reactions, notably from the IYI Party and its grassroots," he said of the nationalist party, second-biggest in the alliance. "HDP support is extremely critical," he said, but added it could undermine backing elsewhere. In campaigning, Erdogan will likely play up alleged links and the HDP's opposition role, analysts say. The second official, who was not authorised to speak on the record, said some Kurdish voters would not back the opposition alliance due to IYI's involvement.

☆ Tesla cuts U.S. Model S and Model X prices between 4% and 9%
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

The Model S and Model X, which come in base all-wheel drive (AWD) and performance "Plaid" editions, represented about 4% of Tesla's global deliveries in 2022. Tesla's website showed it had cut prices on both versions of its Model S by $5,000. The basic version of Model S was cut by 5% to $89,990, while the price of the performance, Plaid variant was cut by 4% to $109,990. Prices of both the performance and basic variants of Model X cars were cut by $10,000, the electric vehicle maker's website showed. The price of the basic, AWD version of the Model X was cut by 9% to $99,990 while its performance Plaid version was cut by 8% to $109,990.

☆ Mexico can't match U.S. incentives for proposed Tesla battery plant, minister says
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, March 3 (Reuters) - Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico's finance minister said on Friday, days after Tesla announced the construction of a "gigafactory" there. Tesla (TSLA.O) has not confirmed whether it will also build a battery plant in Mexico, but local officials say Tesla has visited the central states of Hidalgo, Queretaro and Puebla to scout potential sites. A decision on a battery plant in Mexico has yet to be announced. "The battery plant was not in (Tesla's) original plan, it was the Mexican government's suggestion," Ramirez said. Without legislation, Ramirez said, Mexico would not be able to match U.S. incentives.

☆ VinFast delivers first 45 cars in US market
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +3 min

[1/3] VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S., March 1, 2023. REUTERS/Lisa BaertleinMarch 2 (Reuters) - Vietnamese electric vehicle maker VinFast delivered its first 45 cars to customers in California on Wednesday, its first sales outside Vietnam. Last week, the company slashed the lease price on the VF8 electric crossover by 50%. It also dropped an option for consumers to rent the electric car's battery, a plan it had advertised as a way to bring down the cost of ownership. Andrew and Nikki Le, who ordered 11 VinFast cars, took delivery of the first of those at the store.

☆ Studies show how asteroid-bashing spacecraft was 'phenomenally successful'
▼ + stars: | 2023-03-01 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

[1/4] This image depicts NASA's DART spacecraft and its two long solar panels over the spot where it impacted asteroid Dimorphos in September 2022. "The DART test was phenomenally successful. The Double Asteroid Redirection Test (DART) spacecraft collided on Sept. 26 at about 14,000 miles per hour (22,530 kph) into Dimorphos, an asteroid about 490 feet (150 meters) in diameter, roughly 6.8 million miles (11 million km) from Earth. Finally, the spacecraft bus - the box between the solar panels - hit between these two boulders," Daly said. The research also clarified details such as the precise location of the impact and the angle of impact.

☆ Ford wants to allow your car to lock you out — and even drive itself to an impound lot or scrapyard — if you miss payments
▼ + stars: | 2023-02-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Ford wants to patent a system that would let cars repossess themselves if drivers miss payments. If the owner still skips payments, the car could lock them out and drive itself to a repo agency or even a scrapyard. If the owner is still behind on payments at this point, the car may take some pretty drastic action. In yet another case, the repossession system computer may communicate with the computer of the lending institution to identify the car's market value. If it would cost more to repossess the car than the car is worth, the vehicle could even drive itself to a scrapyard.

☆ A new Mercedes-Benz will have TikTok, Angry Birds, and Zoom built into a touchscreen that extends across the dashboard to the passenger side
▼ + stars: | 2023-02-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Mercedes-Benz unveiled its 2024 E-Class on Wednesday. And a new app store that lets drivers watch TikToks, play Angry Birds, or attend Zoom meetings. Mercedes-Benz unveiled its 2024 E-Class on Wednesday, featuring a giant touchscreen extending across the passenger side. TikTok, Angry Birds, and Zoom are already set up on the display. The first batch of Mercedes' 2024 E-Class is expected to arrive in European dealerships this summer, and in the USA in autumn.

☆ Dutch watchdog decides against fine after Tesla alters security cameras
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Companies Tesla Inc FollowAMSTERDAM, Feb 22 (Reuters) - The Dutch personal data watchdog said on Wednesday it would not fine Tesla Inc. (TSLA.O) over possible privacy violations after the U.S. carmaker made changes to vehicle security cameras. Tesla uses such cameras in its cars to help owners protect them against theft or vandalism, but the Dutch Data Protection Authority (DPA) investigated them as a potential violation. The agency said Tesla had made changes to its "Sentry Mode" feature in which the cameras are activated since the DPA investigation began. The agency said as a result, the car's owners, rather than Tesla, would be legally responsible for improper filming. "The DPA's investigation has not resulted in a fine or other sanction for Tesla," it said.

☆ Madagascar suspends schools as cyclone Freddy approaches
▼ + stars: | 2023-02-21 | by ( Lovasoa Rabary | ) www.reuters.com time to read: +2 min

ANTANANARIVO, Feb 21 (Reuters) - Madagascar's government on Tuesday suspended schools and transport in the path of tropical cyclone Freddy, which was likely to make landfall in the southeast of the country by evening. The cyclone is expected to hit Mananjary district, about 270 km from the capital Antananarivo, with winds of nearly 155 km per hour, Madagascar's meteorological services said. All traffic in cyclone Freddy's projected path was suspended overnight from Tuesday to Wednesday, the country's ministry of transport and meteorology said. Cyclone Freddy is expected to make landfall nearly a month after storm Cheneso battered the island nation of 29 million, killing 33 people and forcing thousands from their homes. "It is expected to cause locally devastating winds and a very dangerous sea state near the impact zone in Madagascar," UNOCHA said on Monday.

☆ Tesla driver killed, passenger injured after crashing into parked fire truck on California freeway
▼ + stars: | 2023-02-19 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

A Tesla hit a fire truck that was parked and blocking lanes on a California freeway early Saturday morning. The driver was killed, one passenger was hospitalized, and four firefighters were treated for minor injuries. The driver was pronounced dead on the scene, and a passenger and four firefighters who were in the truck were transported to a hospital, the department said. The condition of the passenger is unknown, and the firefighters were treated for minor injuries, according to the Associated Press. Tesla and the Contra Costa County Fire Protection District did not immediately respond to Insider's request to comment.

The 65th annual Daytona 500 will air live on Fox, starting at 2:30 p.m. The Daytona 500 is NASCAR's most popular race of the year, helping launch each new season. Nicknamed The Great American Race, the Daytona 500 was first held in 1959 and has served as the opening event of the NASCAR season since 1982. How to watch the Daytona 500You can watch the Daytona 500 on Fox at 2:30 p.m. The 2023 Daytona 500 starting lineup includes 40 drivers:

☆ Sony's movie chief talks China censorship, upcoming game adaptation 'Gran Turismo,' and how his studio is preparing for a potential Hollywood writers' strike
▼ + stars: | 2023-02-16 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +13 min

It was a long-term deal so I don't think we have to confront that yet, but it's gone terrifically for us, actually. If you don't want to compete, don't come in. Can you talk about the synergy with the Whitney Houston movie — she was a Sony Music artist — or "Gran Turismo," a Playstation game? Do you wish HBO Max's "The Last of Us," which is also based on a Sony Playstation game, had been a movie? A lot of big movies come out of it.

☆ Tesla recalls more than 360,000 U.S. vehicles with full self-driving software
▼ + stars: | 2023-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla recalls more than 360,000 U.S. vehicles with full self-driving softwareCNBC's Phil LeBeau reports on a major recall of Tesla vehicles after a National Highway Traffic Safety Administration investigation into the safety of the car's self-driving software.

☆ 32-year-old's lucrative side hustle: Earning up to $14,000 a month renting his sports cars to strangers
▼ + stars: | 2023-02-15 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Andrei Echeverria brings in up to $14,000 per month letting strangers drive his six cars on rental platform Turo. Echeverria, 32, brings in up to $14,000 per month renting his six vehicles out to strangers in Boston on the rental platform Turo, according to documents reviewed by CNBC Make It. Echeverria lives mere miles from Boston Logan International Airport, and capitalizes by undercutting the prices of nearby car rental companies. With three cars on Turo, Echeverria says he brought in about $3,500 per month. Even with the additional cars, Echeverria found himself overbooked.

☆ Jobs of the Future: ChatGPT, AI Will Create Careers That Need Humans
▼ + stars: | 2023-02-12 | by ( Paris Marx | ) www.businessinsider.com time to read: +14 min

Automation technology has ushered in a fleet of secret workers behind screens, machines, and smiling robot faces. On the AI side, tools like ChatGPT have been used to write real articles and take college exams. Truck drivers are still in high demand, and self-driving technology is nowhere near replacing human jobs. The human behind the curtainAmid the fear-mongering about a robot takeover, people often miss the degree to which machines still require human workers in order to function. Maja Hitij/Getty ImagesThese technologies are often deployed to de-skill work — jobs are broken down into more specific tasks and can be done with less training.

☆ From a road-trip disaster to a face-melting rip in the world's quickest supercar, these are my biggest lessons from driving 20 electric cars
▼ + stars: | 2023-02-08 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I've tested 20 electric cars, SUVs, and pickup trucks from Tesla, Ford, Porsche, Polestar, and more. But electric cars are quick, convenient, fun to drive, and quiet. Hours behind the wheel taught me some important lessons about range, charging, and our electric future. Charging can be more convenient than getting gasRecharging an electric car takes a whole lot longer than filling up on gas. The best ones offer spacious interiors and clever storageToday's electric cars typically use what's known as a skateboard platform, which is basically what it sounds like.

☆ Turkey’s Ceyhan oil port disrupted by weather as earthquake damage assessed
▼ + stars: | 2023-02-07 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

Operations were interrupted at the Ceyhan oil port — a critical hub for the discharge of crude oil and oil products, along with the loading of Azeri crude and a stream of Iraqi crude oil — on Monday, following two earthquakes that devastated Turkey and Syria, leaving over 5,000 dead. It also exports volumes of two crude oil streams — the Azeri crude oil delivered through the Baku-Tbilisi-Ceyhan (BTC) consortium's pipeline, and the Iraqi Kirkuk blend crude oil transferred through the separate Kirkuk-Ceyhan pipeline. Loadings of the two crude oil terminals are undertaken from two different points within Ceyhan port, with BTC crude oil leaving the BTC terminal, while the Kirkuk blend sails from the Botas terminal. An oil trade source familiar with KRG operations told CNBC that the pipeline could likely begin flows later Tuesday. An oil tanker ship is awaiting to berth to load Kirkuk blend crude.

☆ Alignment Healthcare's CEO shared 3 reasons he thinks the upstart will win in health insurance — and why it won't unravel like Bright Health
▼ + stars: | 2023-02-07 | by ( ) www.businessinsider.com time to read: +5 min

Young health insurers that went public in 2021 have bled money. Some health insurers that went public in 2021 at high valuations have struggled since then. Several young insurers have bled money as they've grown quickly. Bright Health, another Medicare Advantage insurer, came close to insolvency and had to shut down its health plans on the Affordable Care Act marketplace. Growing steadily with a narrow focusBefore the recent market slowdown, growing fast had been a common strategy for newly public health insurers and digital health broadly.

☆ Auto insurance is up by more than 15% this year in some states. Here's how to keep your premium down
▼ + stars: | 2023-02-07 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +4 min

Miniseries | E+ | Getty ImagesAs with many line items in your household budget, your auto insurance probably costs more this year than in 2022. While auto insurance tends to eat up a small share of a person's income — about 3% for the average person, according to the Bankrate study — you may be able to reduce it even further. "If you're working from home now, I'd definitely let your insurance company know you're not commuting to work," said Brian Moody, executive editor of Kelley Blue Book. If you were to increase your deductible to $500 from $250, it could reduce your coverage cost by 15% to 30%, Friedlander said. "Auto insurance is extremely competitive and companies want your business to grow their market share," Friedlander said.

☆ CEO of Hilton says a Porsche was the dumbest thing he ever bought: 'I spent all my money on that stupid car'
▼ + stars: | 2023-02-05 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Hilton CEO Chris Nassetta says selling his black Porsche 944 was the best financial decision he ever made. "I spent all my money on that stupid car." Since 2007, Nassetta has driven something more practical: a four-door Lexus sedan he bought just after landing the top role at Hilton. In 2020, the mechanic called Nassetta to say he'd found someone nearby with the vehicle — but it was barely running. Together, Nassetta and the mechanic spent two years repairing the car, completing the project last May.

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