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☆ Nio CEO says its Onvo and Firefly brands are targeting a 'broader, global market'
▼ + stars: | 2024-09-20 | 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 EmailNio CEO says its Onvo and Firefly brands are targeting a 'broader, global market'William Li, CEO of the Chinese electric vehicle brand, outlines the company's rationale for rolling out Onvo and Firefly.

Persons: William Li

☆ Doomsday Glacier: Scientists looked deep beneath Antarctic ice. What they found could spell disaster
▼ + stars: | 2024-09-20 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

The scientists project Thwaites and the Antarctic Ice Sheet could collapse within 200 years, which would have devastating consequences. Photograph of the high cliffs of Thwaites Glacier taken from the British Antarctic Survey Twin Otter aircraft. There is a concern that if Thwaites’ ice shelves collapse, it will leave towering cliffs of ice exposed to the ocean. The Thwaites Glacier in Antarctica NASA/ReutersThat’s not to say Thwaites is safe. The scientists predict the whole of Thwaites and the Antarctic Ice Sheet behind it could be gone in the 23rd Century.

Persons: Thwaites —, Thwaites ’, Rob Larter, Thwaites, ”, Kiya Riverman, Rob Robbins, Julia Wellner, ” Wellner, Reuters That’s, Eric Rignot, “ Organizations: CNN, British Antarctic Survey, University of Portland, University of Houston, El, Antarctica NASA, Reuters, University of California Locations: Antarctica, Miami, London, Bangladesh, Florida, Icefin, Thwaites, Irvine, ITGC

☆ A millennial FIRE couple shares how moving abroad and living on a $50k income helped them quadruple their net worth to $700k in 6 years
▼ + stars: | 2024-09-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

AdvertisementDavis shared how he's grown his net worth — and why he thinks finding one's dream work can help them live their ideal life. For example, if a person retires at age 60 — rather than age 50 — then it would be much easier for them to hit their retirement savings goal. That's why Davis thinks the key is finding one's dream work. "You just need enough money to cover any shortfall between what you want to spend and what your dream work pays," he said. To be sure, finding a job — forget about one's dream job — is easier said than done in today's economy.

Persons: —, he'd, Brian Davis, Davis —, he's, Davis, — Davis, Brian Davis Davis, Katie, it's, they've, hasn't, That's Organizations: Service, FIRE, Business, BI Locations: Abu Dhabi, Brazil, Lima, Peru, South America

He accused Aqil and the commanders of planning to raid and occupy communities in Galilee in northern Israel. A photo taken in southern Beirut shows the remains of an exploded pager on Tuesday. Friday’s airstrike was the third Israeli airstrike on Beirut since hostilities began last year, after Hamas’ October 7 attack on Israel. In January, an Israeli airstrike killed Saleh Al-Arouri, deputy head of Hamas’ military wing, who had been living in Beirut. In July, a second Israeli strike on Beirut killed Hezbollah’s most senior military official, Fu’ad Shukr.

Persons: Lebanon CNN —, Ibrahim Aqil, Daniel Hagari, Aqil, Hagari, Witnesses, Friday’s, Hassan Nasrallah, Yoav Gallant, Shin, Gallant, Nasrallah, Israel, Saleh Al, Arouri, Hezbollah’s, Fu’ad Shukr, Benjamin Netanyahu’s Organizations: Lebanon CNN, Radwan Force, Israel Defense Forces, CNN, West Bank, Getty, Israel, US State Department, REUTERS, Hamas, CNN’s Locations: Beirut, Lebanon, Galilee, Israel, United States, Gaza, AFP

☆ Some movie theaters hope adding pickleball courts will save their struggling chains
▼ + stars: | 2024-09-20 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewThe struggling movie theater industry has a buzzy new idea for how to solve its financial woes: pickleball. The group said movie theater chains will also invest in adding more family entertainment options, like bowling and arcades, to their facilities. The group's president and CEO, Michael O'Leary, also told Variety that pickleball courts and ziplines will be coming to some theater complexes. Still, the renovations won't be the first time that pickleball joins forces with movie theaters. One B&B Theatres location in Texas — which is part of the National Association of Theater Owners — already has outdoor pickleball courts in its theater complex.

Persons: —, that's, Michael O'Leary, O'Leary, pickleball Organizations: Service, National Association of Theater, Business, AMC Entertainment Inc, Regal, Inc, Marcus Theatres Corp, B Theatres, Harkins Theatres, Santikos Locations: Canada, USA, Texas

☆ Three Mile Island nuclear plant to reopen — to power Microsoft's AI push
▼ + stars: | 2024-09-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Three Mile Island, the site of one of the US' worst nuclear disasters, may soon reopen. Constellation have struck a deal to give Microsoft energy to power its AI push. AI systems require huge amounts of energy to train and run, and tech giants are looking for new sources. AdvertisementA nuclear plant at the site of one of the worst nuclear disasters in US history may soon reopen to provide power for Microsoft's AI push. Constellation Energy has struck a deal to provide Microsoft with nuclear power for the next two decades by bringing part of the Three Mile Island nuclear plant back to service by 2028.

Persons: — Organizations: Constellation, Microsoft, Service, Constellation Energy, Pennsylvania, Business

☆ Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
▼ + stars: | 2024-09-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense power needs of the tech sector as they build out data centers to support artificial intelligence. Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed. Three Mile Island would be the second nuclear plant to restart operations in U.S. history. The Palisades nuclear plant in Michigan would be the first, with that plant expected to return to service at the end of 2025.

Persons: Norma Field, Constellation, Joe Dominguez, Goldman Sachs Organizations: Exelon, Constellation Energy, Microsoft, Constellation, Nuclear Regulatory Commission, Clean Energy Center, Rystad Energy, Turkey . Tech, Amazon Web Services, Talen Energy, Susquehanna, Oracle Locations: Middletown , Pennsylvania, Turkey, Pennsylvania, Michigan

☆ China unexpectedly leaves benchmark lending rates unchanged after Fed's jumbo cut
▼ + stars: | 2024-09-20 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

China on Friday kept its main benchmark lending rates unchanged at the monthly fixing. The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%. The one-year LPR affects corporate and most household loans in China, while the five-year LPR acts as a benchmark for mortgage rates. Urban jobless rate rose to a six-month high, while year-on-year home prices fell at their fastest pace in nine years. Bank of America lowered their forecast for China's 2024 GDP growth to 4.8%, and Citigroup trimmed their projection to 4.7%.

Organizations: Reuters, People's Bank of China, Bank of America, Citigroup Locations: People's Republic of China, China

☆ The good, bad, and ugly of life after rate cuts
▼ + stars: | 2024-09-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +1 min

You can sign up for Business Insider's daily newsletter here. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: —, Jerome Powell Organizations: Business, Service

☆ Market Navigator: AI and EVs creating new wave of power demand growth
▼ + stars: | 2024-09-20 | 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 EmailMarket Navigator: AI and EVs creating new wave of power demand growthMike Khouw, OpenInterest.Pro chief strategist, joins CNBC's 'Power Lunch' to discuss utilities' outperformance, where to find opportunity, and more.

Persons: Mike Khouw

☆ A 41-year-old transformed his body with 2 diet changes and 1 simple workout technique
▼ + stars: | 2024-09-20 | by ( ) www.businessinsider.com time to read: +1 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! AdvertisementAn office worker got ripped and transformed his fitness in seven months with a few simple changes to his diet and exercise routine. "I've always been somebody who went to the gym, but I didn't really know how to achieve what I wanted to do," he told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: —, Alec Knebeg, I've Organizations: Service, Business Locations: London

☆ Stock market today: Indexes edge down as traders hit pause after rally to record highs
▼ + stars: | 2024-09-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks traded slightly lower as investors pressed pause on the rally to record highs. The S&P 500 and Dow Jones hit record highs on Thursday after the Federal Reserve's 50 basis point rate cut. Heavy trading is expected on Friday due to option expirations and S&P quarterly index rebalancing. AdvertisementUS stocks traded sightly lower on Friday as investors pressed pause on the ongoing rally to record highs. The so-called triple witching day occurs when there is a simultaneous expiration of stock options, index options, and index futures contracts.

Persons: Dow Jones, —, Thursday's, Jerome, Brian Belski, Michael Reinking, Reinking Organizations: Federal, Service, Dow Jones, Nasdaq, NYSE, Here's

☆ October is becoming the new Black Friday
▼ + stars: | 2024-09-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Earth doesn't turn towards autumn until the equinox on Sunday, but that's not stopping America's retailers from kicking off the holiday season while the leaves are still green. Recent announcements from Amazon, Walmart, Target, and Best Buy have the second week of October shaping up to look like Black Friday. Related storiesAs just alluded to, the holiday shopping season should be shorter this year as Thanksgiving falls late (the fourth Thursday in November), pushing Black Friday all the way out to November 29. AdvertisementOf course, the Black Friday dam has been broken for years, with deals starting as soon as Halloween. AdvertisementEither way, this year's holiday shopping season is shaping up to be a marathon.

Persons: —, it's, what's Organizations: Service, Walmart, Target, Business, Amazon's Locations: Amazon

☆ Ryan Reynolds credits his business success to 1 skill: It's a 'precious commodity' in any job, expert says
▼ + stars: | 2024-09-20 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Ryan Reynolds' storytelling abilities aren't just a quirky element of his public persona — they're the bedrock foundation of his success across multiple industries, he says. The movie's budget didn't leave much room for marketing, so Reynolds shouldered some of the load himself, filming and posting comedic advertisements on social media. Multiple of Reynolds' posts went viral, and "Deadpool" grossed $782.6 million in box office sales against a $58 million budget, according to IMDB-owned Box Office Mojo. Mint Mobile's parent company, Ka'ena Corporation, was similarly purchased for up to $1.35 billion by T-Mobile last year. "Reynolds will continue in his creative role on behalf of Mint," T-Mobile said at the time.

Persons: Ryan Reynolds, aren't, —, Reynolds, Kraft, Mint Organizations: Fast, Mojo, Mint Mobile, Aviation, Diageo, Kraft Heinz, Ka'ena Corporation, Mobile, Mint

☆ She claimed she aborted her baby at nine months. In this country, there’s no law against that
▼ + stars: | 2024-09-20 | by ( Lex Harvey | Gawon Bae | ) edition.cnn.com time to read: +13 min

Protesters hold placards reading 'Abolish punishment for abortion' as they protest South Korean abortion laws in Gwanghwamun plaza in Seoul on July 7, 2018. efired/iStockphoto/Getty ImagesBy not passing abortion laws, the National Assembly is “not doing its job,” said Cho Hee-kyoung, a law professor at Hongik University in Seoul. Changing attitudes to abortionDespite the country previously having highly restrictive abortion laws, abortion has not historically been the lightning rod in South Korea that it has been in the United States. If overpopulation had once prompted the government to push abortions, South Korea was now dealing with the opposite problem. It is impossible to know the true number of abortions that take place each year in South Korea because the procedure is unregulated.

Persons: haven’t, It’s, Ed Jones, “, ”, Cho Hee, ” Cho, Nayoung, Cho, Jung Yeon, Susanné Seong, “ They’ve, Charlie Neibergall, ” Nayoung, SeongJoon Cho, Yoon Suk, she’d Organizations: Seoul CNN, vlogger, Seoul National Police, South Korean, YouTube, CNN, Getty, National Assembly, Hongik University, country’s Ministry, Justice, Health and Welfare Ministry, Health, Ministry, Welfare Ministry, World Bank, South Korea’s Institute for Health, Social Affairs, Human Rights Watch, Korea, Pharmaceutical Affairs, Supreme, Ministry of Food and Drug Safety, South, Bloomberg, Organization for Economic Cooperation, Development, HRW, Police Locations: Seoul, South Korea, Korean, Gwanghwamun, AFP, South, efired, “, United States, Jusarang, Ames , Iowa, Canadian, Korea

☆ Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world
▼ + stars: | 2024-09-20 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTwatch nowApple on Friday greeted customers at its stores around the world for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods 4. The software advancements will only be available on iPhone 16 and last year's iPhone 15 Pro devices. A view of Apple's new iPhone 16 at an Apple Store on the Regent Street in London, United Kingdom on September 20, 2024. Last year, UBS wrote, customers had a 41-day wait time for some iPhone 15 Pro Max preorders compared to a 26-day wait time for the iPhone 16 Pro Max this year. Devices of the new Apple Watch Series 10 model are on display after the presentation at Apple headquarters.

Persons: Siri, Rasid, Chi Kuo, shouldn't overreact, Max preorders, Max, Andrej Sokolow Organizations: Apple, Apple Intelligence, Anadolu, Getty, TF Securities Analyst Ming, Barclays, JPMorgan, Bank of America, UBS, Pro Locations: New York City, London, United Kingdom, China

☆ We're locked into an escalatory cycle in the Middle East right now, says Firas Maksad
▼ + stars: | 2024-09-20 | 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're locked into an escalatory cycle in the Middle East right now, says Firas MaksadFiras Maksad, Middle East Institute senior fellow, joins 'Squawk Box' to discuss state of Middle East tensions, latest developments in the Israel-Hezbollah conflict, and more.

Persons: Firas Organizations: Middle East Institute Locations: Middle, Israel

☆ Watch CNBC's full interview with Goldman Sachs' Sara Naison-Tarajano
▼ + stars: | 2024-09-20 | 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 EmailWatch CNBC's full interview with Goldman Sachs' Sara Naison-TarajanoSara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, joins CNBC's 'Closing Bell' to discuss reactions to the Fed's rate cut decision, market outlooks, and more.

Persons: Goldman Sachs, Sara Naison, Goldman Organizations: Wealth Locations: Goldman Sachs

☆ 'I like our chances', says McLaren Racing CEO going into Singapore Grand Prix
▼ + stars: | 2024-09-20 | 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 Email'I like our chances', says McLaren Racing CEO going into Singapore Grand PrixZak Brown, CEO of McLaren Racing is upbeat about the team's chances and hopes to defend their pole position at the Singapore Grand Prix.

Persons: Zak Brown Organizations: Racing, McLaren Racing, Singapore, Prix Locations: Singapore

☆ Video shows aftermath of Israel’s strike in Beirut
▼ + stars: | 2024-09-20 | by ( Caroline Baxendale | ) edition.cnn.com time to read: 1 min

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☆ You can track Taylor Swift's tour by where airline ticket sales surge
▼ + stars: | 2024-09-20 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

United Airlines says Taylor Swift is boosting its weekend ticket demand. Swift's smash-hit 'Eras Tour' has injected billions into the economy. Go to newsletter preferences Thanks for signing up! AdvertisementNeed more proof of Taylor Swift's seismic economic sway? United Airlines' chief commercial officer Andrew Nocella said there is at least a 25% increase in ticket demand during weekend stops on Swift's "Eras Tour," Bloomberg reports.

Persons: Taylor Swift, —, Taylor, Andrew Nocella, Nocella Organizations: Airlines, Service, United Airlines, Bloomberg, Business

☆ Buffalo Bills fans can buy bonds to finance the team's new stadium
▼ + stars: | 2024-09-20 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +2 min

Josh Allen, #17 of the Buffalo Bills, warms up prior to an NFL game against the Miami Dolphins at Hard Rock Stadium in Miami Gardens, Florida, on Sept. 12, 2024. It won't be an ordinary "Monday Night Football" gameday for Buffalo Bills fans next week. Erie County, where Buffalo sits, is selling the bonds to help fund half the $250 million it agreed to put up for the new stadium. The new stadium will be owned by the Erie County Stadium Corporation and the Bills will pay rent. The Buffalo Bills are 2-0 this season and take on the winless Jaguars on Monday night.

Persons: Josh Allen, Kevin Hardwick, Hardwick Organizations: Buffalo Bills, NFL, Miami Dolphins, Jacksonville Jaguars, Bills, Retail, Investments, CNBC's Official NFL, National Football League, Kansas City Chiefs, Erie, Stadium Corporation Locations: Miami Gardens , Florida, Orchard Park, Buffalo, Erie County, New York, Erie

☆ Up to $400 to change a lightbulb? Appliance repair costs are no joke
▼ + stars: | 2024-09-20 | by ( Stephanie Dhue | Stephanie-Dhue | ) www.cnbc.com time to read: +8 min

It sounds like the setup to a lightbulb joke: How much does it cost to change a microwave bulb? While my lightbulb situation may be somewhat unique, experts say it is not uncommon to learn the cost of repairs is more than the cost to replace an appliance. Figuring out the cost for a repairMy first call to repair our microwave was to the appliance store where I made the purchase. Several states — including California, Maine, Massachusetts, Minnesota and New York — have implemented so-called "right to repair" laws. Some products designed 'with a hostility to repair'Consumer advocates say state laws and the FTC actions help, but haven't solved the problem.

Persons: Stephanie Dhue's, Stephanie Dhue, Gay Gordon, Byrne, Gordon, they're, Nathan Proctor, we've, Alex Reinauer, Proctor Organizations: GE, GE Appliances, U.S ., Getty Images, Federal Trade Commission, Competitive Enterprise Institute, Consumer, FTC Locations: California , Maine , Massachusetts, Minnesota, New York, Colorado, Oregon, South Dakota, France

☆ Jim Cramer explains why DuPont is the No. 1 stock he would buy right now
▼ + stars: | 2024-09-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "When people ask me out here which stock in your portfolio would you buy right now, its DuPont," Jim said, adding that at $82 he would buy shares despite the overall market being overbought. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim, Dupont's, Johnson, Jim Cramer's Organizations: CNBC, Devices, Broadcom, Nvidia, AMD, Evercore ISI, DuPont, FedEx, Nike, PepsiCo, Constellation Energy Locations: AMZN

☆ The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
▼ + stars: | 2024-09-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Read previewSeptember 30 could be a consequential day for the US economy if two major negotiations don't get hammered out in time. Congress must pass a stopgap spending bill by the last day of this month to avoid a partial government shutdown. September 30 is also the deadline for the International Longshoremen's Association and several East Coast and Gulf Coast ports to strike a contract. A government shutdownThe rejection of Johnson's plan on Wednesday ratcheted up tensions in Congress as the September 30 deadline draws ever nearer. This would pause the strike while negotiations continued.

Persons: —, there's, Mike Johnson, Johnson, There's, Donald Trump, Mitch McConnell, Joe Biden, Taft, Hartley Organizations: Service, International Longshoremen's Association, Business, GOP, United States Maritime Alliance, Street, White House, Washington Post, Street Journal, Social Security, Medicare, Congressional, Office, International Longshoremen's, Retail Industry, Association Locations: East Coast, Gulf Coast, Maine, Texas, West Coast, RILA

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