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☆ Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. The growing prevalence of one- and same-day delivery has made Amazon a much more convenient to place to shop for everyday essentials. "If people buy everyday essentials on Amazon, they're more likely to buy other products too," said Jeff Marks, the Club's director of portfolio analysis. This added convenience in ordering everyday essentials from Amazon comes at a challenging time for physical retailers known for selling those same products. The company likes "to be in the consideration set for consumers" in the everyday essentials since it helps drive market share gains, Olsavsky said.

Persons: –, it's, Jeff Marks, Andy Jassy, Jassy, Gil Luria, Davidson, We've, Jim Cramer, Amazon's, Brian Olsavsky, Olsavsky, Wells, Ken Gawrelski, Gawrelski, Morgan Stanley, we're, Davidson's Luria, Luria, Jim, Jim Cramer's, Angus Mordant Organizations: Walgreens, CVS, Aid, D.A, Amazon, CNBC, Bloomberg, Getty Locations: Target, North America, New York

☆ A Fed rate cut may lend a helping hand to Chinese stocks. Or not.
▼ + stars: | 2024-09-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

By extension, the move in Washington, D.C. could also spell good news for Chinese stocks. High U.S. interest rates relative to China have made it fairly straightforward for global institutions to pick U.S. Treasurys over Chinese stocks. More than lower rates needed Other global investors say Chinese stocks need more than easier monetary policy to become truly attractive. The "government can push interest rates down, but if households don't want to spend the extra income, it won't go into the economy," he said. Earlier this year, People's Bank of China Governor Pan Gongsheng acknowledged U.S. Fed easing would create room for China to further cut interest rates.

Persons: Steven Sun, Laura Wang, Morgan Stanley, Aaron Costello, Yi Gang, Costello, James Wang, Wang, Pan Gongsheng Organizations: U.S . Federal Reserve, HSBC, HSBC Qianhai Securities, Nasdaq, U.S, Treasury, Cambridge Associates, CNBC, People's Bank of China, UBS Investment Bank Research, UBS, Hang Seng China Enterprises, China Southern Airlines, Hengli Petrochemical, Saudi, Aramco Locations: China's, Washington ,, China, 1H24, Asia, U.S, Beijing, Hang, Shenzhen, Shanghai

Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to the companies. A Waymo spokesperson said it had no plans to partner with Uber in San Francisco and Los Angeles. Uber’s initial agreement with Waymo in Phoenix also included autonomous Uber Eats deliveries in the city. Some analysts were more hopeful for a potential Uber and Waymo expansion into San Francisco.

Persons: Uber, Alphabet’s Waymo, Tesla’s, Bernstein, Waymo, “ We’re, ” Uber, Dara Khosrowshahi, Tekedra Mawakana, “ We’ve, GM’s Cruise, Cruise, Wells, Ken Gawrelski Organizations: Uber, Waymo, Atlanta, Google Locations: Austin , Texas, Atlanta, San Francisco, Los Angeles, Phoenix, Austin, San Francisco , Los Angeles

☆ Just Stop Oil demanded climate action. Their protests have landed them in prison
▼ + stars: | 2024-09-14 | by ( Kara Fox | ) edition.cnn.com time to read: +16 min

Just Stop OilThe laws were purpose-built to target protest groups like Just Stop Oil. ExxonMobil told CNN that they do not currently fund Policy Exchange or American Friends of Policy Exchange, but did not answer questions about past funding. The UK’s lengthy jail terms stand out globally, but the creeping clampdown on disruptive climate protest is also happening elsewhere. Leon Neal/Getty ImagesThe Just Stop Oil case amplifies the near erasure of legal defenses available to protesters who take part in disruptive demonstrations. The same report compared Just Stop Oil to “terror groups” and recommended their actions be banned.

Persons: Cressie Gethin, “, — Louise Lancaster, Daniel Shaw, Lucia Whittaker, Abreu, Roger Hallam, —, ” —, ” Gethin, Michael Forst, “ ’, ’ ” Cressida Gethin, Jodie Beck, Toby Melville, Rishi Sunak, ” Sunak, Gethin, ”, ALEC, Exxon’s, Stephanie Keith, UN’s Forst, Leon Neal, ” Tim Crosland, — Lord Walney, John Woodcock —, Israel . Woodcock, Henry Nicholls, Beck, ” Beck, she’s Organizations: London CNN, Prosecutors, CNN, HMP, Airport, Big Oil, Conservative, International Energy Agency, Labour, London, Police, Amnesty International, Liberty, Stop, ExxonMobil, Exchange, Atlas Network, of Policy, London Metropolitan Police, Met Police, Global, US Civil Rights, Climate Rights International, International Center, Profit, Dakota Access Pipeline, American Legislative Exchange Council, Chevron, Energy, Center for Media, Democracy, Dakota, Pipeline, Oil, Palestine, British, Reuters Locations: North, London, HMP Bronzefield, London’s, —, US, Germany, France, Australia, Mandan , North Dakota, United Kingdom, Israel, England, Northern Ireland

☆ Miami-Dade Police officer at the center of Tyreek Hill traffic stop has been suspended several times, police records show
▼ + stars: | 2024-09-14 | by ( Carlos Suarez | ) edition.cnn.com time to read: +2 min

CNN —The Miami-Dade Police officer placed on administrative duties after the controversial traffic stop of Miami Dolphins star Tyreek Hill has been suspended multiple times, police records show. Officer Danny Torres was placed on suspension at least six times during his 27-year career, according to his employee profile released late Friday afternoon by the Miami-Dade Police Department. In another incident in 2019, Torres was suspended for 10 days. “We would love to see what the allegations were that led to multiple suspensions for Officer Torres,” Julius B. Collins told CNN. “If you’re suspended at your place of employment six times, you’re terminated.

Persons: Tyreek, Danny Torres, Torres, Hill, ” Julius B, Collins, you’re, ” Organizations: CNN, Miami - Dade Police, Miami Dolphins, Miami - Dade Police Department, Sunday, Dolphins Locations: Miami

☆ Driver charged in deaths of NHL’s Johnny Gaudreau and his brother had blood-alcohol level above the legal limit
▼ + stars: | 2024-09-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

PHILADELPHIA — The driver charged with killing NHL hockey player Johnny Gaudreau and his brother Matthew as they bicycled on a rural road had a blood-alcohol level of .087, above the .08 legal limit in New Jersey, a prosecutor said Friday. “He’s a good person, and he made a horrible decision that night.”Brothers Johnny Gaudreau and Matthew Gaudreau on Feb. 10, 2014, in Boston. He had been driving aggressively behind a sedan going just above the 50 mph speed limit, sometimes tailgating, the driver told police. Johnny Gaudreau, known as “Johnny Hockey,” played 10 full seasons in the league and was set to enter his third with the Columbus Blue Jackets after signing a seven-year, $68 million deal in 2022. And they noted that he tested just over the legal limit, adding that a recent knee surgery likely impacted the field test.

Persons: Johnny Gaudreau, Matthew, Gaudreau, Sean M, Higgins, ’ ”, Jonathan Flynn, ”, Matthew Portella, “, Matthew Gaudreau, Richard T Gagnon, Flynn, Michael J, Silvanio, Higgins ’, Johnny Hockey, Widows Meredith, Madeline Gaudreau, Matty, John, Higgins’s Organizations: PHILADELPHIA, NHL, Columbus Blue Jackets, Calgary Flames, North, ” Defense Locations: New Jersey, South Jersey, Woodstown , New Jersey, Salem County, Boston, Iraq, North America

☆ Adobe shares fall 9% on weak fourth-quarter guidance
▼ + stars: | 2024-09-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, Feb. 20, 2024. Shares of Adobe fell more than 9% on Friday, a day after the software company released third-quarter results that offered worse-than-expected guidance for the fourth quarter. Adobe reported $5.41 billion in revenue for the quarter, up 11% year over year and above the $5.37 billion expected by analysts according to LSEG. Analysts at Bank of America said Adobe reported results and outlook that were somewhat mixed but healthy overall. "No change to our positive view on Adobe," they wrote in a Friday note.

Persons: Shantanu Narayen, LSEG, Goldman Sachs, Adobe's, — CNBC's Michael Bloom, Kif Leswing Organizations: CNBC, New York Stock Exchange, Adobe, Bank of America, Microsoft, UBS Locations: New York City

Patrick T. Fallon | AFP | Getty ImagesUber announced Friday it is expanding its partnership with Alphabet's Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Uber riders in those cities can be matched with a driverless Waymo car for some trips, according to the companies. A Waymo spokesperson said it had no plans to partner with Uber in San Francisco and Los Angeles. The expansion into Austin and Atlanta won't include Uber Eats at first, according to the Waymo spokesperson, but they're exploring that possibility for the future. Some analysts were more hopeful for a potential Uber and Waymo expansion into San Francisco.

Persons: Patrick T, Fallon, Alphabet's Waymo, Uber, Tesla, Bernstein, Waymo, We're, Dara Khosrowshahi, Tekedra Mawakana, We've, Cruise, Wells, Ken Gawrelski, — CNBC's Laura Batchelor, Lora Kolodny Organizations: AFP, Getty, Uber, Waymo, Atlanta, Google Locations: Los Angeles , California, Austin , Texas, Atlanta, San Francisco, Los Angeles, Phoenix, Austin, San Francisco , Los Angeles

☆ Ukraine’s Kursk offensive was seen as a success but it had a cost
▼ + stars: | 2024-09-13 | by ( Ivana Kottasová | Kostya Gak | ) edition.cnn.com time to read: +13 min

Kyiv launched its surprise incursion into Russia’s Kursk region last month, taking Moscow by surprise and quickly advancing some 30 kilometers (19 miles) from the border. A group of Ukrainian soldiers rest in a village near the Russian border after taking part in Ukraine’s operation in Kursk. Ivana Kottasova/CNNUkrainian officials said Moscow has sent some 30,000 troops into the Kursk region. But they are finding the service doesn’t work at all in certain parts of the Kursk region. (AP Photo) Efrem Lukatsky/APA group of Ukrainian soldiers rests after completing a long mission in Russia's Kursk region.

Persons: Ukraine CNN — Vasyl, Vasyl –, –, Volodymyr Zelensky, ”, ” Vasyl, Ivana Kottasova, Wagner, Yevgeny Prigozhin, Ramzan Kadyrov, Akhmat, Ukraine's “ Nightingale, Vasyl, Don’t, ” Dmytro, Ukrainian –, Oleksandr Syrskyi, Zelensky, Bill Burns, ” Burns, Fin, Chasiv Yar, “, sapper, Efrem, Kholod, ” Kholod, ’ ” Vasyl, “ I’m Organizations: Ukraine CNN, CNN, Kyiv, Ukraine’s, Russian Ministry of Defense, Russian, Wagner, Military Company, Chechen, Ukrainian Nightingale, Institute for, Kremlin, Western, CIA, APC, Ukrainian Defense Ministry Locations: Sumy, Ukraine, Ukrainian, Russia’s Kursk, Moscow, Russia, ”, Kursk, Russian, West Africa, US, Kherson, Luhansk, Donetsk, Crimea, London, Sudzha, Russia's Kursk, Pokrovsk

☆ The best diet for happiness isn't about what you eat—it's about how, Harvard expert says: Here's what that means
▼ + stars: | 2024-09-13 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

Eating food in general activates areas of the brain that are responsible for pleasurable feelings, according to Brooks, who is also the instructor of a course at Harvard University about managing happiness. Brooks did a deep dive into various studies to compile the elements of what he calls the "ultimate happiness diet." Some additional factors Brooks says are key to a happiness diet include:Still, it was the use of meal time for social gathering that stuck with Brooks. "The connection between food and social connections is very natural, because food does bring people together," Hu said. But in Brooks' opinion, "The food isn't the point at all," for happiness.

Persons: Arthur C, Brooks, Frank B, Hu Organizations: Harvard University, Harvard, of Public Health, CNBC Locations: Asia, Chan

☆ India’s EV conundrum: To invest in cars or charging points first
▼ + stars: | 2024-09-13 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

A little over two years after the switch, Fernandes regrets her decision: "I'll never ever buy an electric vehicle again." "A 4India’s EV conundrum: To invest in cars or charging points first0% charge should easily take me for another 40km, but it dropped to 0% within 5km," Fernandes said. In India, "Range anxiety" remains a significant hurdle preventing drivers from making the transition from internal combustion engine to EV cars, analysts said. "Charging infrastructure in India's electric vehicle market is still not fully developed, but companies want more vehicles on the road before they invest more. As of August 2023, Tata Motors dominated 72% of India's EV market, followed by MG Motors with with a 10.8% share.

Persons: Carmelita Fernandes, Fernandes, Brajesh Chhibber, Chhibber Organizations: Tata Nixon, CNBC, Bain & Company, McKinsey India, Tata Motors, MG Motors, Mahindra & Mahindra, Citroen, Hyundai, Kia Locations: Indian, Pune, India, Bombay, Maharashtra, Mumbai, Goa, Canalys

☆ Amazon drivers are poised to get a 7% pay rise after they started to think about unionizing
▼ + stars: | 2024-09-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Read previewAmazon is spending $2.1 billion on its delivery service network — including pay increases — following renewed unionization efforts among delivery workers. Out of the $2.1 billion investment, Amazon said it will allocate $660 million toward "rate card increases and bonuses." Related storiesAmazon's delivery drivers are hired by third-party courier companies known as Delivery Service Partners, or DSPs. Amazon has said it doesn't dictate pay and can only decide what the minimum pay for drivers is. Drivers had been in disagreement with the company over whether Amazon bears any legal responsibility to its delivery drivers.

Persons: — Organizations: Service, Business, Amazon, Partners, National Labor Relations, NLRB, Drivers, International Brotherhood of Teamsters

☆ Photos: Asia’s most powerful storm Typhoon Yagi wreaked havoc in Vietnam, Thailand
▼ + stars: | 2024-09-13 | by ( Kathleen Magramo | Noemi Cassanelli | ) edition.cnn.com time to read: +3 min

After hitting the Philippines, where it killed more than a dozen people, it churned westwards towards southern China and shortly after parts of Vietnam, Thailand, Myanmar and Laos. Rescue teams pick up schoolchildren and residents in Chiang Rai, Thailand on September 12, 2024. Lillian Suwanrumpha/AFP/Getty ImagesFlood waters surround an entire neighborhood in the northern Thai city of Chiang Rai on September 12, 2024. Nhac Nguyen/AFP/Getty ImagesRescue officials clean up debris from a landslide in a remote mountainous village in Vietnam's northwestern Lao Cai province on September 12, 2024. Stringer/AFP/Getty ImagesVillagers wade through waist-deep floodwaters in Taungoo in Myanmar's Bago region on September 12, 2024.

Persons: Yagi, Chiang Rai, Lillian Suwanrumpha, Nhac Nguyen, Stringer, Sai Aung, Huang Yun, Lei Wenzhen, Eloisa Lopez Organizations: CNN, Reuters, Getty, Getty Images, Tropical Locations: China, Southeast Asia, Philippines, Vietnam, Thailand, Myanmar, Laos, Vietnam’s Phu Tho, Chiang, Chiang Rai, AFP, Thai, Hanoi, Vietnam's, Lao Cai province, Taungoo, Myanmar's Bago, Bago, Sai, Nanning, Guangxi Zhuang Autonomous Region, Pampanga

☆ How wind-tunnel testing can make or break an F1 season
▼ + stars: | 2024-09-13 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +6 min

Wind-tunnel testing is crucial for Formula 1 teams to study and optimize a car's aerodynamics. Months of testing go into the development of each race car — and wind-tunnel testing is critical in this process. "Wind-tunnel testing is simply the most important development tool you have," said Guenther Steiner, a former team principal of the Haas F1 team who's now an ambassador for the Miami Grand Prix. A computer model simulating the aerodynamics of an F1 car. The Alpine F1 Team lowers a car onto a track for wind-tunnel testing.

Persons: —, Guenther Steiner, It's, Dan Fallows, Fallows, Zak Brown, McLaren, we've, Brown, We're, it'll Organizations: Formula, Service, Haas, Miami Grand, Aston Martin Aramco F1, Alpine, Engineers, NFL, Aston Martin Locations: England

A grueling manhunt for the suspect wanted in a highway shooting spree stretched into its fifth day as authorities said they believe he retreated deep into a forested swath of southeastern Kentucky with no indication he has fled elsewhere. “There’s so many people that have eyes on this investigation around the world that now we should have gotten a pretty good tip that he exited the woods,” Pennington told reporters 72 hours into the operation. Amid the search, authorities went to his home in Woodbine, about 23 miles from the shooting site, to collect evidence. The search by foot remains daunting, Pennington said, as temperatures have stayed above 80 degrees during the day. “I hope he doesn’t have water, and I hope he doesn’t have food," Pennington said at a news conference Tuesday.

Persons: Joseph A ., Couch, Scottie Pennington, “, ”, “ I’m, ” Couch, Gilbert Acciardo, ” Acciardo, Daniel Boone, ” Pennington, London Mayor Randall Weddle, Pennington Organizations: Army, Kentucky State Police, Toyota, . Forest Service, Daniel Boone National, Target Firearms, NBC, Army Reserve, London Mayor, NBC News Locations: Kentucky, Laurel County, London, Laurel, Daniel Boone National Forest, Woodbine

☆ A Trump victory could send bitcoin to $125,000, but new records are likely no matter who wins election, says Standard Chartered
▼ + stars: | 2024-09-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin is likely to reach at least one more all-time high by the end of this year, according to Standard Chartered. That's likely regardless of whether Vice President Kamala Harris or former President Donald Trump wins the presidential election this November – a variable that others have viewed as a make-or-break game changer for the industry since Trump threw his public support behind the industry this summer. "BTC will end 2024 at fresh all-time highs under either election outcome – [circa] $125,000 level under Trump or c.$75,000 level under Harris," he said. The firm maintains its view that bitcoin will reach the $200,000 level by the end of 2025, regardless of this year's election outcome. That's one reason so many are hoping the election could trigger some movement in bitcoin.

Persons: Bitcoin, Kamala Harris, Donald Trump, Trump, Harris, Geoff Kendrick, Joe Biden's, Elizabeth Warren, Gary Gensler, Biden, Kendrick, Michael Bloom Organizations: Chartered, BTC, Trump, Securities, Exchange, Democratic Locations: bitcoin

☆ CNBC's Inside India newsletter: What happens when the Fed cuts rates?
▼ + stars: | 2024-09-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Historically, a rate cut has been a signal for central banks in emerging markets, like India, to follow by easing monetary policy in their regions. The latest data shows that the inflation rate appears to be heading in the wrong direction in India. The headline inflation rate rose in August to 3.65% compared to 3.6% in the previous month. Instead, markets have simply hit snooze on a rate cut by the Reserve Bank of India for the moment. If there's no global recession, a risk-on sentiment will likely help push up emerging market equities in the medium term after the U.S. central bank cuts rates.

Persons: Shah, Mahesh Nandurkar, Surendra Goyal, CNBC's, BofA, Banks Organizations: Federal, Reserve Bank of India, Reserve Bank, Capital Economics, India, greenback, Federal Reserve, Jefferies, Bank of America, Citi, India Research, Bank Locations: India, U.S

☆ Amazon hikes wages for contract delivery drivers as union pressures grow
▼ + stars: | 2024-09-12 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

In an aerial view, Amazon delivery trucks sit parked at an Amazon distribution center on July 16, 2024 in Richmond, California. Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday. The Teamsters union has led a number of strikes at Amazon delivery facilities in the past year, and it's made organizing Amazon employees a key focus after launching a division dedicated to the online retail giant in 2021. Amazon has fought to avoid being designated as a joint employer of its contracted delivery drivers, arguing that the workers are employed by third-party firms. WATCH: Amazon delivery companies skip safety checks to keep up with quotas

Persons: Beryl Tomay, it's Organizations: Amazon, Teamsters, National Labor Relations Board Locations: Richmond , California, Las Vegas

☆ The ‘sleeper case’ trying to stop Trump and the RNC from intimidating voters and poll workers
▼ + stars: | 2024-09-12 | by ( Devan Cole | ) edition.cnn.com time to read: +9 min

CNN —A nearly four-year-old legal effort by Black voters to convince a court to prevent former President Donald Trump and the Republican Party from potentially intimidating voters and poll workers is quietly coming back to life as the 2024 election approaches. First brought in the days following the 2020 election, the lawsuit has moved slowly through the federal courts in Washington, DC, as Trump’s claims of presidential immunity from civil lawsuits were being litigated. It coincidently has landed before US District Judge Tanya Chutkan, the judge handling the federal election subversion charges against Trump. Attorneys for Trump and the RNC have asked to dismiss the case, saying any conduct at issue constitutes protected political speech. A federal judge found the two men liable for targeting Black voters in 2023, saying that their actions ran afoul of the KKK Act, the VRA and other laws.

Persons: Black, Donald Trump, coincidently, Tanya Chutkan, Trump, Rajiv Parikh, “, ”, ” Chutkan, Jack Smith, Weeks, “ It’s, Parikh, they’ve, Ruth Greenwood, Greenwood, Jacob Wohl, Jack, Harris Organizations: CNN, Republican Party, US, Trump, Republican National, Republicans, GOP, Black, Democratic Party, RNC, Black voters, Ku Klux Klan, White, Michigan Welfare Rights Organization, Democratic National Committee, Harvard Law School, Democratic, Capitol Police, Biden Locations: Washington ,, Michigan, “, New Jersey, Georgia, Pennsylvania, Charlottesville , Virginia, Texas

☆ Pakistan’s transgender community gets a ride-sharing service for safety
▼ + stars: | 2024-09-11 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

ISLAMABAD, Pakistan — Pakistan’s transgender community has gotten its first ride-sharing service in the latest effort to protect trans people from discrimination and harassment, the business’ founder said on Wednesday. It’s called SheDrives and will service only trans people and women, according to Ammaz Farooqi, the company’s chief executive. For now, it will service only Lahore, but expansion is possible, Farooqi said. “A unique aspect of this app and ride service is that the drivers and passengers will be women and transgender persons,” Farooqi said. The country’s parliament also drafted a transgender rights bill to allow trans people choose their gender identity for previously issued government documents, educational certificates and national identity cards.

Persons: Pakistan —, It’s, Ammaz Farooqi, Farooqi, ” Farooqi, “ Organizations: Ministry of Human Rights Locations: ISLAMABAD, Pakistan, Lahore, ”, Multan

☆ These are the top tech picks of UBS for rest of year, including an Nvidia alternative
▼ + stars: | 2024-09-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Some tech stocks are due for outperformance heading into year's end, according to UBS. Nvidia dragged other chip stocks down with it, with the VanEck Semiconductor ETF (SMH) suffering its worst day since March 2020. Wall Street is also bullish on the chipmaker, with 41 of the 50 analysts covering the name issuing a strong buy or buy rating, according to LSEG. In the IT hardware and electronics manufacturing services sector, UBS named Dell Technologies , given a PC refresh cycle and developing strength in AI optimized servers. UBS has a buy rating on the stock, and its target implies more than 48% upside from Tuesday's close.

Persons: chipmaker, Timothy Arcuri, Palantir, monetization Organizations: UBS, Nvidia, VanEck Semiconductor, Devices, AMD, Dell Technologies, DELL, P Global, Dell, Spotify

☆ ‘De-escalation is key.’ Why traffic stops like Tyreek Hill’s are sometimes dangerous
▼ + stars: | 2024-09-11 | by ( Dakin Andone | ) edition.cnn.com time to read: +6 min

Many traffic stops end without making headlines. But thanks to the ubiquity of cameras, the traffic stop in recent years has become the setting for many high-profile incidents between officers and motorists. 1 golfer Scottie Scheffler was arrested by officers directing traffic outside the PGA Championship after a fatal accident. And this week, three former Memphis, Tennessee, officers went on trial for the fatal 2023beating of Tyre Nichols, which also followed a traffic stop. ‘De-escalation is key’The tenor of a traffic stop usually begins with the reason it was initiated in the first place, said Ramsey.

Persons: Tyreek Hill, Hill, Scottie Scheffler, Scheffler, “, ” Hill, ’, ”, Charles Ramsey, Philando Castile, Daunte Wright, Tyre Nichols, They’re, ” Thor Eells, ‘, Ramsey, they’ve, It’s Organizations: CNN, Miami, Dade, Miami Dolphins, PGA, California, Louisville Metro Police Department, Philadelphia Police, National Tactical Officers Association, American Civil Liberties Union, ACLU Locations: Hill, Washington, DC, Minnesota, Castile, Memphis , Tennessee, Tennessee

☆ A debate with bad blood
▼ + stars: | 2024-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

When discussing immigration, Harris took a shot at Trump's rallies, saying that people leave them early " out of exhaustion and boredom ." Trump responded with his own attack about Harris' rallies, but his demeanor also took a noticeable turn for the remainder of the debate. And while the two candidates basically don't agree on anything, Harris took one page out of Trump's book. The vice president had some noticeable facial expressions during the debate , something the former president has been known for. The Harris campaign said following the debate the vice president would participate in another one in October .

Persons: —, we're, Saul Loeb, Kevin Dietsch, Kamala Harris, Donald Trump, Harris, Trump, Jon Stewart, Insider's Brent D, Griffiths, David Muir, Linsey Davis, Roe, Wade, Elon Musk, Taylor Swift, Walz, Alex Brandon, Rebecca Zisser, Jamie Dimon's, Goldman Sachs, greenlights, Dan Ives, Ives, Brooks Kraft, Apple, Millennials, TikTok doesn't, Antony Blinken, Volodymyr Zelenskyy, Megan Thee, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Trump, White, JPMorgan, Apple, Brooks, Brooks Kraft LLC, Getty, YouTube, EV, UK Foreign, MTV, MTV . Locations: —, Ukraine, New York, London

☆ Megabus, Coach USA Bankruptcy: Wall Street Wrecked Discount Bus Option
▼ + stars: | 2024-09-11 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Stagecoach Group, a UK-based travel company, first launched Megabus in the UK in 2003 and then brought it to the US in 2006. Along with Greyhound, Megabus became one of the two mega-carriers in the United States. The intercity bus industry is not in complete disarray, but things are not going great there. Bus industry insiders also note that they're often treated as an afterthought by policymakers even though they carry tens of millions of people each year. He emphasized that bus travel can be environmentally sustainable, too, compared to everyone driving their own cars or flying.

Persons: Megabus, Andrew Savikas, Peter Pan, John Stepovy, FlixBus, Joseph Schwieterman, Schwieterman, hadn't, Scott Michael, it's, Michael, Kai Boysan, BoltBus, Fred Ferguson, who's, Ferguson, It's, They've, They're, I'd, Wanderu, Stepovy, Emily Stewart Organizations: Coach USA, Equity, USA, Stagecoach Group, Greyhound, North America, DePaul University, Stagecoach, Fullington Trailways, US, United Motorcoach Association, FlixMobility, Flix, American Bus Association, Lake Holdings, Alden Global Capital, Atlantic City, Day, Labor, Business Locations: Los Angeles, Chinatown, Busbud, United States, Asia, Flix North America, Wanderu, Philadelphia, Dallas, Chicago, Cleveland, Boston, New York, FlixBus

☆ Stocks making the biggest moves midday: GameStop, Viking Therapeutics, Trump Media and more
▼ + stars: | 2024-09-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Trump Media & Technology — The stock fell more than 13% following Tuesday's debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. Novartis — U.S.-listed shares of the Swiss pharma company slipped nearly 2% on the heels of Bank of America's downgrade to hold from buy. Crypto stocks — Crypto stocks were dragged downward after the price of bitcoin fell slightly overnight, as crypto traders considered central bank policy in Japan . Morgan Stanley — The bank stock lost 1% following a downgrade at Goldman Sachs to neutral from buy. Solar stocks — Solar stocks rose as a group after Vice President Kamala Harris's performance at Tuesday's debate raised confidence in a Democratic victory at the U.S. presidential election.

Persons: Donald Trump, Kamala Harris, Rentokil, it's, bitcoin, Morgan Stanley, Goldman Sachs, Goldman, Morgan, Warren Buffett's Berkshire Hathaway, Kamala Harris's, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Yun Li, Sarah Min, Samantha Subin Organizations: Trump Media & Technology, Democratic, Trump Media, Nasdaq, GameStop, Novartis — U.S, Swiss pharma, of, Therapeutics, JPMorgan, Viking Therapeutics, Goldman, Bank of America, U.S, Clean Energy, SolarEdge Technology, Sunnova Energy Locations: North America, Japan

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