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☆ UAW appears to be nearing end of negotiations with automakers, says former Ford CEO Mark Fields
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW appears to be nearing end of negotiations with automakers, says former Ford CEO Mark FieldsMark Fields, former Ford CEO, joins 'Squawk on the Street' to discuss the UAW Strike and its impact on the automaker industry.

Persons: Mark Fields Mark Fields Organizations: UAW, Ford, UAW Strike

With his prime-time vow to send more weapons to both Ukraine and Israel, President Biden sought to make clear on Thursday that the United States was not prioritizing one war over the other. But hours earlier, a Defense Department official said that tens of thousands of 155-millimeter artillery shells promised to Ukraine would be diverted to Israel. Here are three key weapons systems that Israel and Ukraine may need from the United States. Artillery ammunitionPerhaps more than any other weapons, the NATO-standard 155-millimeter shells will be in high demand, as both Israel and Ukraine use them against targets within a few dozen miles. In January, the Pentagon said it would tap into an American stockpile in Israel and ship hundreds of thousands of 155-millimeter shells to Ukraine.

Persons: Biden, “ You’re, ” Sabrina Singh, “, ” Michael J, Morell, Mark F, Rob Bauer, Charlie Dietz, ” Organizations: Defense Department, Pentagon, U.S, Central Intelligence Agency, White, Center for Strategic, International Studies, United States, Artillery, NATO, United, North Atlantic Treaty Organization Locations: Ukraine, Israel, United States, Gaza, Russia, Washington, United, Europe, North, Netherlands

☆ Asian shares hit 11-month low on Middle East anxiety, surging yields
▼ + stars: | 2023-10-20 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

On Friday, the Bank of Japan intervened in the Japanese government bond (JGB) market as the 10-year JGB yield touched a decade high. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) skidded 0.8% to a fresh low since November last year, bringing the weekly loss to a sizeable 3%. "World leaders continue to trek to the Middle East to – if nothing else — delay the onset of any further hostility," said Kyle Rodda, senior financial market analyst at capital.com. Oil prices are headed for the second weekly gain on supply fears from an escalating regional conflict in the Middle East. "Now we’re talking about not just the Ukraine-Russia conflict, that front, but now you have another front, that’s in the Middle East that has to be satisfied...

Persons: Jerome Powell, Hong, HSI, Joe Biden, Israel, Kyle Rodda, Brent, Powell, Quincy Krosby, Stella Qiu, Shri Navaratnam Organizations: SYDNEY, Bank of Japan, Tokyo's Nikkei, Elon, U.S, LPL, Washington, Thomson Locations: East, Middle, Asia, Pacific, Japan, China, Iran, Yemen, Israel, Ukraine, Russia, U.S

Abdul-Jabbar spent five seasons as the league’s oldest player. ALL-STAR LEVELThe “oldest player” in an NBA season has been picked for the All-Star Game on 13 previous occasions. Stockton turned 41 that season; he spent two years as the league’s oldest player and missed zero games in that span. NUMBER 43James will become the 43rd player in NBA history to hold the distinction of being the league’s "oldest player." Robert Parish was the league’s oldest player for seven seasons, the most in NBA history.

Persons: LeBron James, He’s, James, —, Udonis Haslem, Andre Iguodala, James wasn't, Darko Milicic, Milicic, KAREEM —, Kareem Abdul, Jabbar, Abdul, ”, Karl Malone, Michael Jordan, Nobody, Vince Carter, Dirk Nowitzki, Carter, Nowitzki, — Moses Malone, Kevin Garnett, Kevin Willis, Robert Parish, John Havlicek, Larry Costello, Slater Martin, Bobby Wanzer, Johnny Green, Parish, It’s, John Stockton, Stockton, Shaquille O’Neal, Mike Novak’s, Paul Silas, James ’, Bob Cousy, Nat Hickey —, Elvin Hayes, Dikembe Mutombo, Al Cervi, Dolph Schayes, Andre Miller, Silas, Cousy, Hickey, Lenny Wilkens, Grant Hill, Steve Nash, Dale Ellis, Sam Perkins, — James, ___ Organizations: NBA, Utah, Cleveland, Providence Steamrollers Locations: Akron

☆ Goldman Sachs sees demand for tech products driving this retail stock up 20%
▼ + stars: | 2023-10-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Best Buy shares are poised to rise over the next year thanks to growing demand for certain tech products, according to Goldman Sachs. "We see the potential for a positive demand inflection to drive upside, primarily through multiple expansion," said Kate McShane, an analyst at the firm. "We believe the company's current valuation is not taking into account this potential inflection and is most likely factoring in broader concerns regarding the health of the consumer and potential near-term demand headwinds." BBY 6M mountain Best Buy shares over the past six months "Our view for a potential inflection is supported by recent commentary surrounding stabilizing demand for certain tech products" – specifically, TVs and laptops, she added. "We see the potential for demand to stabilize and/or recover next year, supported by innovation and the upgrade/replacement cycle."

Persons: Goldman Sachs, Kate McShane, Goldman, McShane, — CNBC's Michael Bloom

ANCHORAGE, Alaska (AP) — Two deer struggling in the waters of southeast Alaska’s famed Inside Passage finally made it to land, thanks to two Alaska Wildlife Troopers who gave the deer a lift in their boat. The deer were floating down Clarence Strait about 14 miles (22.5 kilometers) northwest of Ketchikan, but not toward any particular island, Freeman said. Political Cartoons View All 1211 ImagesThe troopers stopped their 33-foot (10-meter) patrol vessel about 150 yards (137 meters) from the two deer, which saw the boat and headed toward it. Once in the boat, the deer shivered from their time in the cold water. It’s common to see deer swimming in southeast Alaska waters, going from one island to another; what's not common is to have deer swim up to a boat and try to get on it, Freeman said.

Persons: Mark Finses, Kyle Fuege, Justin Freeman, Freeman, ” Finses, “, ” Organizations: Alaska Wildlife Troopers, Associated Press, Clarence, National Oceanic, Atmospheric Administration Locations: ANCHORAGE, Alaska, Ernest Sound, Ketchikan, Juneau, Clarence Strait

☆ Trump dominates GOP money race, DeSantis spends heavily, George Santos goes negative: Takeaways from new campaign finance reports
▼ + stars: | 2023-10-16 | by ( Fredreka Schouten David Wright Alex Leeds Matthews | Fredreka Schouten | David Wright | ) edition.cnn.com time to read: +15 min

Eyes on the SenateCalifornia hosts a high-profile 2024 Senate race, as a crowded field vies to succeed the late Democratic Sen. Dianne Feinstein. Porter’s report showed her campaign collected $3.4 million and had amassed nearly $12 million in cash on hand by September 30. One of Sinema’s top challengers, Democratic Rep. Ruben Gallego, had a strong fundraising quarter by contrast. And in Pennsylvania, Democratic Sen. Bob Casey raised $3.2 million and had nearly $7.4 million on hand for another top race. Kim outraises MenendezFederal prosecutors last month lodged bribery-related charges against Democratic Sen. Bob Menendez of New Jersey, just days before the end of the fundraising quarter.

Persons: Donald Trump, Ron DeSantis, Mike Pence, South Carolina Sen, Tim Scott, Scott, DeSantis, meanwhile, Trump’s, Haley, Christie, Nikki Haley’s, Haley’s, Chris Christie, Democratic Sen, Dianne Feinstein, Adam Schiff, Schiff, Katie Porter, Barbara Lee, Porter’s, Lee, Sen, Laphonza Butler, Gavin Newsom, Kyrsten Sinema, Sinema, hasn’t, Ruben Gallego, Gallego, Kari Lake, Pinal County Sheriff Mark Lamb, West Virginia Sen, Joe Manchin, Jim Justice, Alex Mooney, Matt Dolan, Bernie Moreno –, Sherrod Brown, Dolan, Moreno, Brown, Tammy Baldwin, Jacky Rosen, Sam Brown, Debbie Stabenow’s, Elissa Slotkin, Slotkin, Hill Harper, Bob Casey, Republican Dave McCormick, McCormick, Kim outraises Menendez, Bob Menendez, Menendez, Andy Kim, Kim, George Santos, Santos, –, Amy Walter, Curtis Hertel, Robert F, Kennedy Jr, Kennedy, Gavin de Becker, Trump Organizations: CNN, White, Florida Gov, White House, Trump, N2024D, GOP, PAC, South Carolina Gov, Former New Jersey Gov, Senate California, Democratic, Los, Democratic Gov, Democratic Party, Senate, Democratic Rep, Arizona Republicans, Pinal County Sheriff, West, Cleveland Guardians MLB, Republican, Bob Menendez of New, Republicans, Congressional District, RFK Jr, Associates Locations: Florida, Trump, South Carolina, Iowa, New Hampshire, Los Angeles, Arizona, Pinal County, Ohio, Cleveland, Wisconsin, Nevada, Michigan, Pennsylvania, Bob Menendez of, Bob Menendez of New Jersey, York, Long, Michigan’s, Democratic, California

☆ NASA released the first close-up photos of the largest asteroid sample ever collected
▼ + stars: | 2023-10-13 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Last month, NASA's OSIRIS-REx spaceship dropped off a sample of dirt from the Bennu asteroid. They've been studying the asteroid sample the spaceship delivered in late September. Some of the sample matter OSIRIS-REx collected from the asteroid Bennu, shown during a press conference. AdvertisementAdvertisementWhat does the asteroid sample look like? A close-up image of the OSIRIS-REx sample shown on a screen during a press conference at the Johnson Space Center in Houston, Texas.

Persons: NASA's, REx, —, OSIRIS, They've, Jason P, Dworkin, hasn't, they've, Mark Felix, They're, they'll, Mari Montoya, Curtis Calva Organizations: Service, NASA, Getty, Space Center, Johnson Space Center, NASA NASA Locations: Houston , Texas

☆ We might be near the endgame for UAW strike: Former Ford CEO Mark Fields
▼ + stars: | 2023-10-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe might be near the endgame for UAW strike: Former Ford CEO Mark FieldsMark Fields, former Ford CEO and Hertz board member, joins 'Squawk on the Street' to discuss how Fields sees strike negotiations playing out for Ford, the decision to stop work at Ford's Kentucky truck plant, and more

Persons: Mark Fields Mark Fields, Hertz, Fields Organizations: UAW, Ford Locations: Ford's Kentucky

REUTERS/Maxim Shemetov/Illustration/File Photo Acquire Licensing RightsSummaryCompanies Russian rouble climbs to over 2-week high vs dollarMove comes after Putin reimposes currency controlsRouble had slumped to over 18-month low this weekAnalysts expect rouble to firm more in coming weeksOct 12 (Reuters) - Russia's rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of foreign currency revenues for some exporters to buttress the currency. The rouble collapsed to a record low in the weeks after Russia invaded Ukraine last year, before Moscow imposed similar capital controls that saw it recover to a seven-year high. Kogan warned, however, that by 2025-2026 businesses would form plans based on a rouble rate of 100-105. The central bank endorsed the measures, a shift in its stance, after it previously warned of the inefficiency of currency controls. "The rouble is even less tradable for foreign investors after Russia re-imposed some capital controls," Piotr Matys, senior FX analyst at In Touch Capital Markets.

Persons: Maxim Shemetov, Putin, Rouble, rouble, Vladimir Putin, Yevgeny Kogan, Kogan, Gref, Andrei Belousov, Piotr Matys, Dmitry Polevoy, Brent, Alexander Marrow, Amruta, Robert Birsel, Mark Potter, Varun, Alexander Smith Organizations: REUTERS, U.S, Russia's Higher, of Economics, TASS, Wednesday, Bank of Russia, FX, Touch, Thomson Locations: Moscow, Russia, Ukraine, outflows, Locko, Bangalore

Most foreign airlines have suspended or curtailed services, leaving passengers uncertain how to leave or reach the country and consular services struggling to keep up with demand for assistance, with priority given to those with missing relatives. Israel's parliamentary finance committee said late on Tuesday it would debate authorising state guarantees for providing war risk insurance for Israeli airlines. British Airways said it would suspend flights to Tel Aviv after diverting a flight from London back to Britain shortly before it was due to reach Tel Aviv, citing security concerns. U.S. Transportation Secretary Pete Buttigieg said Washington remains in talks with U.S. airlines about flights to Israel. Passengers have complained of mounting costs especially for leaving Israel, but airlines deny driving up prices.

Persons: Yiannis, El Al, Sun Dor, Israel, ” Neil Roberts, Jan Lipavsky, Lipavsky, couldn't, Annalena Baerbock, Carsten Spohr, Pete Buttigieg, flydubai, Steven Scheer, Carolyn Cohn, Jacob Gronholt, Pedersen, Michael Kahn, Victoria Klesty, Joanna Plucinska, Tim Hepher, Huseyin Hayatsever, David Shepardson, Alexander Cornwell, Mark Potter, Lincoln Organizations: Larnaca International Airport, REUTERS, El, Hamas, Association, British Airways, Lufthansa, German, . Transportation, U.S, Nordic, Dubai's Emirates, Etihad Airways, Thomson Locations: Israel, Larnaca, Cyprus, Israeli, Athens, Rome, Madrid, Bucharest, New York, Paris, Istanbul, El, Tel Aviv, London, Britain, Czech, Oman, Prague, Lipavsky, Denmark, Carsten Spohr ., Washington, Norwegian, Oslo, Abu Dhabi, United States, COVID

☆ Charlie Munger trashed crypto, warned AI hype seems overblown, and talked poker and donuts at a private event. Here's an inside look at his Zoomtopia keynote.
▼ + stars: | 2023-10-11 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Charlie Munger panned crypto, warned about AI hype, and trumpeted Zoom at Zoomtopia last week. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementCharlie Munger trashed cryptocurrencies, warned the AI buzz seems overblown, and praised Zoom for keeping him connected during his closing keynote at Zoomtopia on October 4. Craig Durr, research director at The Futurum Group:"Munger shared his seasoned perspective on crypto and AI – both of which he was skeptical about. He said communications help drive business, and business success is about focus and consistency.

Persons: Charlie Munger, Warren Buffett's, —, Eric Yuan, hasn't, Zoom, Tobi Tungl, Craig Durr, Munger, Eric Yuen, Mark Friedler, Warren Buffett, Eric Kunnen, Charlie, Melody Brue, doesn't, Eric, David Maldow Organizations: Service, Berkshire Hathaway's, CTI, Grand Valley State University, Moor Locations: Zoomtopia, cryptocurrencies, Grand

Trillions of euros of financial products, from mortgages to car loans, remain pegged to the Euro Interbank Offered Rate as Euribor is officially known. The move to revamp Euribor aims to reduce the burden on institutions that do provide input by using a standardised approach. Having the broadest possible geographical spread of banks in Euribor's panel is seen as the best way to have a full picture of euro-denominated lending costs. Schirmann highlighted that countries with active bank-to-bank lending markets such as Finland, Ireland and Greece currently had no banks on Euribor's panel. Cutting the need for banks to provide bespoke so called "Level 3" estimates should also "significantly diminish" the time and costs involved for banks.

Persons: Dado Ruvic, Libor, Jean, Louis Schirmann, Schirmann, EMMI, Marc Jones, Mark Potter Organizations: REUTERS, Federal Reserve, European Central Bank, Bank of England, Money Markets, Reuters, Deutsche Bank, Thomson Locations: Euribor's Brussels, Euribor's, Finland, Ireland, Greece

☆ Nine-year-old sets parkrun age world record
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

LONDON, Oct 10 (Reuters) - Nine-year-old Louis Robinett set a 5km parkrun world record for his age in Dorset, England on Saturday, finishing in 17 minutes, 40 seconds to better the previous mark set in California six years ago by 13 seconds. "I'm on top of the world right now, It's a huge deal to break a world record," Robinett told the BBC. "I couldn't have done it without the support of my family and the team at Poole Runners." Poole Runners said Robinett's record had raised the bar for youth athletes. "This isn't just a win for Louis, it's a new benchmark for youth sports, inspiring children all over the world to aim higher," the club said in a statement.

Persons: Louis Robinett, Dion Garner, Robinett, Poole, it's, Simon Jennings, Mitch Phillips Organizations: Poole Runners, BBC, Poole, Louis, Thomson Locations: Dorset, England, California, London, Bengaluru

REUTERS/Maxim Shemetov/Illustration Acquire Licensing RightsOct 9 (Reuters) - The rouble rebounded after slumping to a more than 18-month low against the dollar on Monday in a volatile session, still hampered by reduced foreign currency supply but eventually latching on to higher oil prices to gain ground. By 1500 GMT, the rouble was 0.7% stronger against the dollar at 99.75 , recovering from hitting 102.3450 earlier, its weakest point since March 23, 2022. The Russian currency tumbled to a record low 121.5275 in the weeks after Moscow's February 2022 invasion of Ukraine. The rouble had gained 0.5% to trade at 105.24 versus the euro and firmed 0.6% against the yuan to 13.64 . The rouble-based MOEX Russian index (.IMOEX) was 0.9% higher at 3,172.2 points, earlier reaching a near one-month high.

Persons: Maxim Shemetov, rouble, Alexei Antonov, Alexander Marrow, Angus MacSwan, Mark Potter, Gareth Jones Organizations: REUTERS, Bank of Russia, Reuters, Brent, Thomson Locations: Moscow, Russia, Ukraine

A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. By 1125 GMT, the rouble was 1.8% weaker against the dollar at 102.18 , its weakest point since March 23, 2022. The Russian currency tumbled to a record low 121.5275 in the weeks after Moscow's February 2022 invasion of Ukraine. The rouble had lost 1.9% to trade at 107.76 versus the euro and shed 2.1% against the yuan to 14.01 . The rouble-based MOEX Russian index (.IMOEX) was 1.3% higher at 3,184.6 points, a near one-month high.

Persons: Maxim Shemetov, rouble, Alexei Antonov, Alexander Marrow, Angus MacSwan, Mark Potter Organizations: REUTERS, Bank of Russia, Reuters, Brent, Thomson Locations: Russian, Israel, Gaza, Ukraine

☆ Where This Summer Was Relentlessly Hot
▼ + stars: | 2023-10-09 | by ( Zach Levitt | Elena Shao | ) www.nytimes.com time to read: +5 min

Where This Summer Was Relentlessly Hot The planet just experienced its hottest months on record, and by a large margin, scientists said. Some areas, including northern Canada and some of Greenland, show temperatures more than 6 degrees Fahrenheit (3.3 degrees Celsius) above average. Phoenix, which is known for its extreme heat, shows temperatures more than 2 degrees Fahrenheit (1.1 degrees Celsius) above average. The global map spins to South America, where average daily temperatures were higher than normal for much of the continent. Areas of Sudan and Ethiopia show temperatures greater than 6 degrees Fahrenheit (3.3 degrees Celsius) higher than normal.

Organizations: Phoenix, El, Democratic Locations: North America, Canada, Mexico, Greenland, United States, El Paso, Texas, Louisiana, Baton Rouge, La, Chilean, America, Paraguay, Europe, Croatia, Switzerland, Marseille, France, Spain, Romania, Africa, Sudan, South Sudan, Democratic Republic of Congo, East, Ethiopia, China, Turpan, Mongolia

CNN —When it comes to Formula One, the sky is the limit for Max Verstappen. And Red Bull boss Christian Horner believes his driver, despite being only 26, is already among the very best in the history of the discipline. Mark Thompson/Getty ImagesVerstappen’s historic yearRed Bull has won 15 out of the 16 races this F1 season. Verstappen alone has won 13 of these races with teammate Pérez seeing the checkered flag first on two occasions. “That second position for Checo [Pérez] is something very, very valuable to us, something we have never achieved before, having drivers first and second in the Drivers’ World Championship.

Persons: Max Verstappen, Sergio Pérez’s, Verstappen, Red Bull, Christian Horner, “, ” Horner, Amanda Davies, ”, Lewis, Hamilton, Michael, Schumacher, Ayrton, Senna, Horner, Aston Martin, Fernando Alonso, ” Alonso, Mark Thompson, Bull, Pérez, “ He’s, McLaren, John Thys Organizations: CNN, Qatar, Prix, Reuters, Getty, Drivers ’, Drivers Locations: Doha, AFP, Bahrain, Qatar

“He’s just got a great command of the offense.”Michigan beat Minnesota on the road for the 18th straight time. The Wolverines have beaten the Gophers (3-3, 1-2) for the Little Brown Jug trophy 43 times in their last 47 matchups. This was Michigan's largest margin of victory in a Big Ten game since beating Rutgers 52-0 in 2019. Ohio State has the three longest Big Ten winning streaks in league history, including the 30-game record-setter from 2012-2015. The last conference loss for the Wolverines was to rival Michigan State on Oct. 30, 2021.

Persons: — Will Johnson, “, Jim Harbaugh, J.J, McCarthy, ” Harbaugh, “ He’s, Sabb, Athan Kaliakmanis, Jack Tuttle, Jayden Denegal, Daniel Jackson, Kaliakmanis, Jackson, Johnson, Harbaugh, Minnesota's, Blake Corum, Leon Franklin, ” McCarthy, —, Mason Graham, ” Graham, ”, P.J, Fleck, they've, ” Johnson, Darius Taylor, " Fleck Organizations: Gophers, Michigan, Minnesota, Wolverines, Cincinnati, Rutgers, Ohio State, Michigan outgained, FBS, Illinois, ” Gophers, ”, The Gophers, Big, Michigan State, Penn State, Big Ten, “, AP Locations: MINNEAPOLIS, Michigan, Michigan outgained Minnesota, Minnesota, Jhost Indiana, . Minnesota, Iowa

WASHINGTON (AP) — Wayne Rooney is out as coach of D.C. United after one season, the team said Saturday night. D.C. United and Rooney agreed to part ways, the team posted on social media hours after a win over New York City FC. D.C. United becomes the ninth team to change coaches in the MLS this season. Despite a 2-0 victory on Saturday, D.C. United failed to qualify for the playoffs. “He remains an important part of the D.C. United family and a valued and cherished friend.”___

Persons: — Wayne Rooney, Rooney, Jason Levien, Priot, Wayne Rooney, ” Levien, ” Organizations: WASHINGTON, United, D.C, New York City FC, MLS, CF Montreal, Portland Timbers, Derby Locations: Derby County, United

☆ Bond rout won't end Fed balance sheet cuts, but endgame bubbling into view
▼ + stars: | 2023-10-06 | by ( Michael S. Derby | ) www.reuters.com time to read: +5 min

Since June 2022, the Fed has allowed more than $1 trillion of bonds to mature from its portfolio, including roughly $840 billion of Treasuries. QT drains liquidity from the banking system, reducing bank reserves parked at the Fed and cash stashed in its reverse repo facility. Others believe money market rates will start to move up in ways suggesting the system is short of cash. A New York Fed report in April projected an end to QT around the middle of 2025. A survey of major banks by the New York Fed released in August eyed an end to QT in mid-2024.

Persons: it's, ”, Kathy Bostjancic, Bostjancic, Goldman Sachs, Loretta Mester, “, Austan Goolsbee, Mary Daly, Michael Barr, Michael Cloherty, Mark Cabana, ” Cabana, Cabana, Michael S, Ann Saphir, Dan Burns, Andrea Ricci Organizations: Goldman Sachs, Federal Reserve, Silicon Valley Bank, Fed, Treasury, Reuters Graphics Reuters, Cleveland Fed, Bloomberg, Chicago Fed, San Francisco Fed, UBS, Bank Policy Institute, New York Fed, Bank of America, Daily, Derby, Thomson Locations: Silicon, Washington

☆ You can't have a negotiation and not talk about competitive realities: Fmr. Ford CEO Mark Fields
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou can't have a negotiation and not talk about competitive realities: Fmr. Ford CEO Mark FieldsMark Fields, former Ford president and CEO, joins 'Squawk Box' to discuss the state of negotiations in the UAW strike, the financial impact on automakers and auto suppliers, and more.

Persons: Mark Fields Mark Fields Organizations: Ford, UAW

Last month’s average temperature was 0.93 degrees Celsius (1.7 degrees Fahrenheit) above the 1991-2020 average for September. “This is not a fancy weather statistic,” Imperial College of London climate scientist Friederike Otto said in an email. This past September was 1.75 degrees Celsius (3.15 degrees Fahrenheit) warmer than the mid-1800s, Copernicus reported. The world agreed in 2015 to try to limit future warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) warming since pre-industrial times. “This month was, in my professional opinion as a climate scientist – absolutely gobsmackingly bananas,” climate scientist Zeke Hausfather said on X, formerly known as Twitter.

Persons: “, ”, Copernicus, Carlo Buontempo, Friederike Otto, Samantha Burgess, Jessica Moerman, El Nino, Buontempo, ” Otto, Zeke Hausfather, ___ Read, Seth Borenstein Organizations: Imperial College of London, El Nino, Evangelical Environmental, Twitter, AP Locations: U.S

☆ The floor for oil has gone up, says legendary oil trader Mark Fisher
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe floor for oil has gone up, says legendary oil trader Mark FisherHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Mark Fisher, Brian Sullivan, “ Organizations: CNBC

☆ There's a reason why these Powerball jackpots keep getting so massive. You're paying for it.
▼ + stars: | 2023-10-04 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

The Powerball jackpot has surpassed the billion dollar mark for the second time this year. AdvertisementAdvertisementThe Powerball jackpot has surpassed the billion mark for the second time this year with a near-record $1.2 billion prize up for grabs in Wednesday night's drawing. It comes amid a recent wave of historic and increasingly large lottery prizes that have captured the nation's attention and spare change. In November 2022, a California winner scored the biggest lottery prize in history with a $2.04 billion Powerball ticket. Even though the odds of winning the Powerball jackpot are 1 in 292 million, Americans continue to throw their money at the game.

Persons: —, There's, Akshay Khanna, Khanna, there's Organizations: Service, Powerball, North American Association of State, Provincial Locations: California

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