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☆ An AI-powered robot is helping install Amazon's largest solar farm
▼ + stars: | 2024-07-31 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

Installing solar panels can be back-breaking work, so one of the largest renewable energy companies is using robots to do the heavy lifting. AES Corporation on Tuesday introduced "Maximo," an AI-powered robot that can lift solar panels and precisely place them into long rows. The robot will be used to construct the largest solar farm with battery storage in the US, which will help power Amazon's data centers. AES said Maximo can install solar panels twice as fast as humans and at half the cost. AES CorporationLifting 60-pound solar panels repeatedly, in some cases 200 panels a day, in desert heat takes a toll on the body.

Persons: Maximo, Chris Shelton, Biden, Ron Rodrique, Maximo isn't, Rodrique Organizations: Service, AES Corporation, Business, AES, AES Clean Energy, Amazon Locations: New York, Virginia , Ohio, Louisiana, Kern County , California

☆ Why Americans are snubbing McDonald’s and Starbucks
▼ + stars: | 2024-07-31 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —On the surface, it looks like Americans are laying off the Big Macs, booze and even — gasp! On Monday, McDonald’s reported sales fell 0.7% in the US from the same period in 2023. The once reliably cheap McDonald’s pushed its prices up, while sit-down restaurants leaned into value and convenience. Applebee’s, for one, made a direct pitch to the hordes of ticked-off McDonald’s customers who felt the chain had abused its pricing power. Now, McDonald’s is trying to win back poorer customers while appealing to more affluent customers who want something new.

Persons: CNN Business ’, McDonald’s, Johnny Walker, It’s, it’s, they’re, ”, RJ Hottovy, Jonathan Maze, I’m, —, Chili’s, “, Taylor Swift Organizations: CNN Business, New York CNN, Starbucks, Diageo, Restaurant Business, Dine Brands, CNN Locations: New York, United States, North America, Texas, Paris

☆ We’ve been wrong about a key contributor to human happiness
▼ + stars: | 2024-07-30 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

But it can really, really help. To do that, I collect large-scale data in the course of people’s everyday lives … That’s kind of the 100,000-foot view. And I think that’s the kind of thing that doesn’t really stop at any magic threshold. I think people need to think about this more of kind of like a happiness portfolio. And oh, by the way, getting some daily exercise, not living in an environment that’s really polluted, that would be good.

Persons: CNN Business ’, there’s, Matt Killingsworth, Mo, Killingsworth, jk, I’ve, Reagan, we’re, it’s, don’t Organizations: CNN Business, New York CNN, University of Pennsylvania’s Wharton School Locations: New York, what’s

☆ Vice presidents: What this election proves about the importance of running mates
▼ + stars: | 2024-07-30 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —One major lesson from Vice President Kamala Harris’ sudden ascension to be the presumptive Democratic presidential nominee is that running mates matter. It’s a point not lost on some Republicans who are second-guessing Trump’s selection of Vance and Democrats who are anticipating Harris’ pick any day. Harris’ pick could come within days, according to CNN’s MJ Lee and Jeff Zeleny, who write that the pool of candidates has shrunk by one. Biden went on to pick Harris, the first woman of color to be on a national party’s presidential ticket. In 2016, Trump picked then-Indiana Gov.

Persons: Kamala Harris ’, Donald Trump, Sen, JD Vance, Harris, Joe Biden, It’s, Vance, “, Trump, CNN’s Edward, Isaac Dovere, –, Read, MAGA, Sofia Nelson, Vance’s, Vance's, SSRS, CNN’s KFile, ” Trump, Biden, CNN’s MJ Lee, Jeff Zeleny, Roy Cooper, Arizona Sen, Mark Kelly, Gabby Giffords, Josh Shapiro, Pete Buttigieg, CNN’s Piper Hudspeth Blackburn, Karl de Vries, Eric Bradner, Barack Obama, John McCain, Sarah Palin, Mitt Romney, Paul Ryan, Romney’s, Mike Pence Organizations: CNN, Democratic, Oval, Trump, Republican National Convention, Republicans, GOP, Yale Law School, Fox News, The Washington Post, North Carolina Gov, Arizona, House . Pennsylvania, Transportation, Republican, Alaska Gov, Indiana Gov Locations: Ohio, Detroit, “, – Michigan, Wisconsin, Pennsylvania, Scranton , Pennsylvania

☆ Marvel reclaims its mojo with ‘Deadpool & Wolverine’ and the return of Robert Downey Jr.
▼ + stars: | 2024-07-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

“Deadpool & Wolverine” clawed through initial analyst expectations, delivering a monster $211 million jolt to the domestic box office. The film’s massive success pushed Marvel past the $30 billion mark at the global office, making it the highest-grossing franchise of all-time. Meanwhile, the box office success coincided with the Disney-owned studio making buzzy announcements at Comic-Con. And, in a stunning announcement, Robert Downey Jr. emerged onstage as Marvel unveiled the one-time “Iron Man” actor as the franchise’s next big supervillain, Doctor Doom. But what happens when Marvel doesn’t have the Russo Brothers and Downey Jr. to lean on?

Persons: Deadpool, Russo, Robert Downey Jr, Doom, Marvel, “ Loki, ” Ryan Reynolds, Wolverine, Downey, Bob Iger’s, It’s, Marvel doesn’t Organizations: New, New York CNN, Marvel, Marvel Studios, Disney, Russo Brothers, Bob Iger’s Magic Locations: New York

☆ What to watch at Olympics today: Biles and U.S. go for gold, surfers chase waves — and medals — in Tahiti
▼ + stars: | 2024-07-30 | by ( Lukas Weese | ) www.nytimes.com time to read: +5 min

A gold medal in the team event would be the fifth of Biles’ career. Sign UpSurf’s up for goldAmerican Carissa Moore is looking to defend her gold medal. And don’t forget about Canadian Kylie Masse, a two-time world champion seeking her first Olympic gold. The U.S. will play New Zealand, the reigning gold medal team, in the first semifinal. The winner moves on to the gold medal match against the winner of Canada versus Australia, who play in the other semifinal.

Persons: Simone Biles, —, Jordan Chiles, Sunisa Lee —, Jade Carey, Biles, Kelsey Plum, Jackie Young, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Jimmer, Barry, Kareem Maddox, Dylan Travis, Carissa Moore, Ed Sloane, Getty, Brazil’s Ítalo Ferreira, Tahiti Smith, McKeown, Australia’s Kaylee McKeown, United States ’ Regan Smith, Kylie Masse, Summer McIntosh, Jason Kelce, Ilona Maher, @ilonamaher, Stephen Nedoroscik Organizations: NBC, Biles, —, Tokyo Olympics, United States, Germany, Serbia, BYU —, United, U.S, USA, rugby, New Zealand, Canada, Rugby, Former Philadelphia Eagles, Team USA Locations: U.S, Italy, China, Brazil, Tahiti, Paris, Tokyo, Rio de Janeiro, Biles, United States, Rio, Great, Tuesday’s, Australia

☆ Black journalists group faces member backlash over Trump speaking invitation
▼ + stars: | 2024-07-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —The National Association of Black Journalists is trying its best to weather a storm of backlash. GET RELIABLE SOURCES IN YOUR INBOX A daily digest chronicling the evolving media landscape with uncompromising reporting and analysis. While Attiah said a “variety of factors” influenced her decision, she specifically homed in on the Trump interview when making her abrupt announcement. “The Harris for President campaign team worked very closely with NABJ leadership to find an alternative option,” the person said. “The Harris for President team still welcomes the opportunity to make one of the alternative options happen.”

Persons: Donald Trump, Rachel Scott, Harris Faulkner, Kadia Goba —, Karen Attiah, Attiah, “, Trump, ” Attiah, MAGA, ”, Ryan, …, Symone Sanders, Kamala Harris, don’t, ” Sanders, Barack Obama, Bill Clinton, George W, Bush, Harris, ” “ Harris Organizations: New, New York CNN, National Association of Black Journalists, Wednesday, Trump, ABC News, Fox News, The Washington Post, White, White House, MSNBC, Republican, CNN, Democratic, Chicago Locations: New York, Chicago, The, United States

☆ SoftBank-backed Ola Electric aims to raise $734 million in India's biggest IPO this year
▼ + stars: | 2024-07-29 | by ( ) www.cnbc.com time to read: +3 min

The new Ola electric scooters displayed during its launch at the Ola headquarters in Bangalore on August 15, 2021. With e-scooter prices starting at around $900, Ola Electric has become the biggest player in a country where adoption of clean vehicles is still low, but rising rapidly. In the IPO, Ola will issue new shares to raise $657 million while existing investors offload their stake of about $77 million to IPO investors, the term sheet showed. Aggarwal and investors such as SoftBank and Matrix Partners will sell part of their stakes in the IPO. Monday's newspaper ad showed 10% of the IPO will be reserved for retail investors, with proceeds going to fund capital expenditure and research and development efforts.

Persons: Manjunath Kiran, MANJUNATH KIRAN, Ola Electric, Narendra Modi's, Tesla, Ola, Bhavish Aggarwal Organizations: Ola, Getty, Tata Motors, TVS, Hyundai, West, Temasek, Fidelity, Nomura, Norges Bank, Reuters, Financial Express, Matrix Partners Locations: Bangalore, India

☆ ‘Weird’ election turns to how Harris laughs and Trump does not
▼ + stars: | 2024-07-29 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +5 min

The sound of Harris laughingTrump, trying out new material to mock Harris, has dubbed his opponent as “Laffin’ Kamala.”“She’s crazy. The magician/comedian Penn Jillette, who spent time with Trump during “The Apprentice” years, has talked about how Trump does not laugh. That’s a recurring theme among Trump supporters – that outrageous claims are clearly jokes. It’s a tactic that so far seems to have backfired, since Harris supporters also like to share clips of her laughing. “Apparently some people love to talk about the way I laugh,” Harris said.

Persons: Kamala Harris, Donald Trump doesn’t, Harris, Trump, “ Laffin ’ Kamala, ”, JD Vance, Trump’s, Hillary Clinton, Tim Walz, CNN’s Jake Tapper, “, Hannibal Lecter, Vance, ” Walz, it’s, CNN’s Gregory Krieg, Penn Jillette, James Comey, CNN Tapper, Sen, Tom Cotton, ” Cotton, That’s, they’ll, don’t, Mary, Mary Trump, Virginia Heffernan, Slate, Drew Barrymore, ” Harris, she’s Organizations: CNN, Minnesota Gov, Union, Trump, ”, Arkansas Republican Locations: Michigan, Minnesota, “ State

☆ Family offices are giving top staff equity and profit shares in battle for talent
▼ + stars: | 2024-07-29 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

Family offices, the private investment arms of single families, are also shifting to profit shares as a way to better align the incentives of the staff with the family. "Family offices are competing for talent against each other, and against traditional private equity, hedge funds and venture capital." Family offices are increasingly offering lucrative shares of equity and deal profits to staff amid a growing battle for talent, according to a top family office attorney. They often pair co-investments with profit shares to create both upside and potential downside to staff. Because they serve a single family, family offices have more flexibility than many companies when it comes to designing pay plans.

Persons: McCurry, Patrick McCurry, McDermott Will, Emery, they're, Robert Frank, that's Organizations: UBS, Office Locations: Chicago

☆ Miss USA Pageant Is Being Destroyed by Its Scandals
▼ + stars: | 2024-07-29 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +22 min

AdvertisementAccording to the longtime Miss USA official, the significant shift was ushered in by the former Miss Universe Organization president Paula Shugart, who produced the Miss USA, Miss Teen USA, and Miss Universe pageants from 2001 until 2020. Benjamin Askinas/The Miss Universe OrganizationCheslie Kryst, who won Miss USA in 2019, defended the #MeToo movement during her interview round. It was a remarkably different experience from those of past titleholders like Miss USA 2013 Erin Brady Colagiovanni and Miss Teen USA 2017 Sophia Dominguez-Heithoff. AdvertisementThough they were "brand ambassadors" of the organization, Voigt and Srivastava couldn't even post on the Miss USA and Miss Teen USA social-media pages. Advertisement"I don't know that Miss USA is relevant right now," the longtime Miss USA official said.

Persons: Noelia Voigt, Voigt, Miss Teen USA UmaSofia Srivastava, Crystle Stewart, Stewart, Max Sebrechts, Laylah Rose, We're, we're, Rose, Srivastava, Craig Barritt, Srivastava haven't, they'd, Kansas Haley Berger, Jackeline Voigt, Barbara Srivastava, Barbara, They'd, Jackeline, Srivastava's, Miss Colorado Arianna Lemus, Stephanie Skinner —, Kimberly Nicewonder, Miss Virginia, Paula Miles —, South Carolina —, Rose's, It's, Ryan Miles, Paula, she's, Brian Ach, Miss Rhode, We've, we've, Paula Shugart, Shugart, Amber Hulse, I've, Olivia Culpo, Donald Trump, Benjamin Askinas, Miss Universe Organization Cheslie Kryst, Kára McCullough, Kryst, Hulse, Miss Utah Noelia Voigt, Rachelle di Stasio, Miss Colorado, Lemus, Rachel Slawson, Merissa Underwood, Voigt's, Rose wouldn't, Noelia, Laylah, Claudia Michelle, Chance Yeh, Michelle, Miss USA's, Kimberly Clark, Erin Brady Colagiovanni, Sophia Dominguez, Colagiovanni, Dominguez, Heithoff, Srivastava couldn't, Amanda Jones, Jones, Terkel, — Organizations: Miss, Business, Miss Teen USA, Miss USA, Representatives, Teen USA, Miss Hawaii Savannah Gankiewicz, Miss Teen Virginia, New York, hiTechMODA, Miss Texas, Miss Rhode Island's, Miss Universe Organization, Fox, Miss USA Miss, New York Times, —, Supermodels, Miss Teen, CW Locations: Miss USA, USA, Miss, Miss Virginia, Alabama , Louisiana, North, South Carolina, Miss South Dakota, South Dakota, Utah, America

☆ What to expect in the 100 days until Election Day – and beyond
▼ + stars: | 2024-07-28 | by ( Annette Choi | Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

So we don’t know what specifically will happen in the next 100 days until Election Day on November 5, or what could come after, when the country’s unique Electoral College process gets going. December: Electoral votes are castAfter questions about the election are settled, states confirm, or ascertain, their statewide results. Electors gather in their respective state capitols to cast electoral votes for their statewide winner. Nebraska and Maine also allocate some electoral votes by congressional district, and these could be pivotal in a close race. In any event, lawmakers gather on January 6, as everyone should remember from 2020, to count electoral votes.

Persons: CNN —, Joe Biden’s, Kamala Harris, Donald Trump, Harris, Jeff Zeleny, Sen, JD Vance, Trump’s, He’d, Biden, Vance, Trump, Maya Rudolph, Harris –, isn’t Organizations: CNN, Democratic Party, Biden, Democrats, Republican, Trump, ABC News, ABC, Fox News, Supreme, that’s, Electors, Nebraska, Electoral College, Electoral Locations: Chicago, Harris, North Carolina, Arizona, Georgia, Michigan, Pennsylvania, Wisconsin, Maine

☆ Surprising element traced back to Renaissance alchemist’s basement laboratory
▼ + stars: | 2024-07-28 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Thousands of years ago, our ancestors produced the first maps of the stars and practiced alchemy, the precursor to chemistry. But ancient alchemists actually developed technology and discovered chemical elements that are still widely used today. Now, a new discovery links both astronomy and alchemy in one intriguing figure who lived during the Renaissance. Once the Starliner mission concludes, SpaceX will ferry a quartet of astronauts for NASA’s Crew-9 mission to the space station.

Persons: Sir Isaac Newton, Uraniborg, Tycho Brahe, Brahe, wasn’t, Butch Wilmore, Suni Williams, Mark Nappi, Craig Smith, Diva Amon, Andrew Sweetman, Sweetman, ”, David Flannery, Ashley Strickland, Katie Hunt Organizations: CNN, Chemists, Lund University Danish, NASA, Boeing, Engineers, SpaceX, NASA’s, Marine, Scottish Association for Marine Science, JPL, Caltech, Perseverance, CNN Space, Science Locations: Ireland, Brazil, Mars

☆ Heat-related injuries to workers in the Americas have soared since 2000, study finds
▼ + stars: | 2024-07-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Extreme heat is making work more dangerous, and safeguards can't keep up, a labor report found. The International Labour Organization found the Americas had a surge in heat-related work injuries. It's also making work more dangerous than ever, a labor report found. The International Labour Organization reported that workers are increasingly exposed to extreme heat worldwide to the degree that occupational safety and health protections can't keep up. In addition to jeopardizing workers, the heat "undermines the resilience of economies," the agency said.

Persons: It's Organizations: International Labour Organization, Service, Business Locations: Americas

☆ This biographer exchanged emails with Bernie Madoff from prison for a decade. Here’s what he learned
▼ + stars: | 2024-07-28 | by ( Annie Nova | ) www.cnbc.com time to read: +10 min

Richard Behar Courtesy: Lizzie CohenYou probably haven't heard Bernie Madoff's name in awhile, but that doesn't mean the infamous fraudster's story is over, or the pain he inflicted. Irving Picard, an 83-old court-appointed trustee, still spends his days trying to claw back money from the those who benefitted from Madoff's Ponzi scheme, and to reduce the staggering losses of others. 'Prison was a great relief for him'AN: How did Madoff say life in prison changed him? In prison, he'd typically wake up in his cell at around 4 a.m., make coffee in bed with an instant hot water machine, then read, or listen to NPR until breakfast. RB: Bernie said he was under constant stress over the Ponzi, and would talk out loud to himself sometimes in the office, because of the pressure.

Persons: Richard Behar, Lizzie Cohen, Bernie Madoff's, Irving Picard, Madoff, Elie Wiesel, Ruth, he's, Behar, Richard Behar's, Mark, MADOFF, BERNARD L, he'd, Annie Nova, I've, I'm, scammers, —, Bernard Madoff, Stephen Chernin, I'd, Bernie, Chris Hondros, wasn't, Picard, John Moscow, Irving, Picard isn't, It's Organizations: CNBC, Behar's, Forbes, Manhattan Federal, Getty, NPR, SEC, Manhattan Locations: North Carolina, New York City

☆ How the Harris 2024 shake-up could affect House and Senate races
▼ + stars: | 2024-07-27 | by ( Zachary B. Wolf | Simone Pathe | ) edition.cnn.com time to read: +13 min

It could also have a major impact on House and Senate races. We talked by email about the state of play for the House and Senate and how the shake-up in the presidential race might change things. PATHE: House races are typically more nationalized than Senate races because the candidates are lesser known; therefore, it’s harder for them to separate themselves from their party and the top of the ticket. WOLF: The presidential primary process is over, but we’re still in the thick of statewide primaries for House and Senate races. WOLF: If there’s one Senate race that could be a bellwether for the country as a whole, which one is it and why?

Persons: Kamala Harris, Joe Biden, Simone Pathe, Harris, Biden, It’s, Donald Trump, Trump, Wisconsin Sen, Tammy Baldwin, who’s, Baldwin, she’d, Sen, Jon Tester, Tester, it’s, Priscilla Alvarez, hasn’t, WOLF, Ohio’s Sherrod Brown, doesn’t, Brown, — Tester, Bob Casey of Pennsylvania, Jacky Rosen, Nevada –, —, There’s, we’re, — GOP Sen, Rick Scott, Debbie Mucarsel, Powell, Colin Allred, GOP Sen, Ted Cruz, there’s, Cruz, we’ve, Beto O’Rourke’s, Jaime Harrison’s, South Carolina Sen, Lindsey Graham, Allred —, That’s, Debbie Stabenow, Elissa Slotkin, Mike Rogers Organizations: CNN, CNN Politics, Senate, PATHE, Democratic, Black, Biden, Trump, Air Force, GOP, Republican, Democrat, House, — GOP, of Houston, South Carolina, Democrats, Democratic Rep Locations: Washington, Wisconsin, Madison, Milwaukee, Baldwin, Montana, California, Pennsylvania, Trump, New York, Oregon , Washington , Colorado , Michigan, North Carolina, New Mexico, Maine, Alaska, York, Ohio, In Ohio, Nevada, Arizona , Michigan, West Virginia, — Texas, Florida, Maryland, Texas, Michigan

☆ She couldn’t stop thinking about the guy she met at the Athens Olympics. Then a message from him changed her life
▼ + stars: | 2024-07-26 | by ( Francesca Street | ) edition.cnn.com time to read: +26 min

So I thought, ‘Let me see if I can go to the Athens Olympics. An unexpected opportunityOmaira got to watch the final dress rehearsal of the opening ceremony of the Athens 2004 Olympic Games on August 13, 2004. And then Omaira was off to work at the shooting center, where the Games’ shooting events were held. But while Omaira was cultivating a pretty heady crush, Dimitris didn’t really have time to engage with his potential feelings. Omaira GillThis year marks 20 years since Omaira and Dimitris crossed paths at the Athens Olympics.

Persons: CNN — Omaira Gill, ” Omaira, ‘ I’m, ’, –, Omaira, ’ ”, … ’, “, ”, Omaira didn’t, “ I’d, David Gray MD, she’d, ’ Omaira Gill, Dimitris Athanasiou, Dimitris, ‘, they’re, ” Dimitris, ” Dimitris ’, hadn’t, Dimitris who’d, he’d, Dimtiris, Dimitris didn’t, Dimitris quizzed, “ Will, She’d, I’m, … ’ ”, couldn’t, didn’t, “ You’ve, Dimitris ’, that’s, we’d, Omaira Gill, Paulo Coelho, “ Omaira, ” Here's Dimitris, Omaira Gill Omaira, Hermes, Dimitiris, Hector, Orion, they’ll, “ Hermes, We’re, Dimitris – Organizations: CNN, Olympic, CNN Travel, Athens, “, ‘ Volunteers, Uni, Reuters, Olympics, Olympic Games, Paralympic, MSN, Omaira, ”, Athens Olympics, Stade de France, Disneyland Locations: Athens, Greece, Birmingham, United Kingdom, London, inbox, Omaira, Pakistan, India, Paris, Disneyland Paris, Europe

☆ Sales of $100 million homes set to double this year as trophy properties recover
▼ + stars: | 2024-07-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Sales of $100 million homes are on track to double this year, as surging financial markets and hopes for rate cuts fuel a recovery in the ultra-luxury real estate market, according to new reports. As of July 15, six homes in the U.S. have sold for more than $100 million, according to data from Miller Samuel and Douglas Elliman. If the sales pace continues, it would more than double last year's total and likely eclipse the record of nine homes sold for over $100 million in 2021. But sales of homes priced at $50 million, $20 million and even $10 million are all signaling a strong rebound for the ultra-luxury real estate market after its decline in 2023. A penthouse at Central Park Tower — the tallest residential building in the world — closed for $115 million to an unknown buyer.

Persons: Robert Frank, Miller Samuel, Douglas Elliman, Jonathan Miller, Aman, Vladislav Doronin, Oakley, James Jannard Locations: U.S, Manhattan, York, Russian, Palm, Tarpon Island, California

☆ The Trump-crypto love story may not be happily ever after
▼ + stars: | 2024-07-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Donald Trump didn’t need to do much to win over crypto investors, who are used to being treated like the problem children of the financial world. They’re tinkering in the shadows, doing a thing most normies either don’t understand and/or believe is a scam. “Bitcoiners are looking for political validation after years in the wilderness,” said Eric Soufer, a political adviser to major crypto companies. But running against Vice President Kamala Harris, now the presumptive Democratic nominee, may change the calculus. It’s not clear why Trump has shown a sudden adoration for digital assets when he pooh-poohed it during his presidency.

Persons: CNN Business ’, Donald Trump, “, ”, Eric Soufer, ” Trump, Trump, Marc Andreessen, Joe Biden, Gary Gensler, Kamala Harris, Biden, Harris, Harris ’, Mark Cuban, Cuban, didn’t, Brian Hughes, “ Trump, unAmerican Crypto, ” Harris, Crypto, Molly White, It’s, —, Steve Contorno Organizations: CNN Business, New York CNN, Republican, Big Tech, Securities, Exchange Commission, Democratic, Politico, Trump, CNN, Democrats, Republican Party, GOP, Republicans, Fox Business Locations: New York, Nashville

☆ NBA and TNT’s parent company prepare for legal clash in sports rights battle for the ages
▼ + stars: | 2024-07-25 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —The stage is now officially set for a high-stakes showdown between the NBA and TNT parent company Warner Bros. WBD, the parent company of CNN, paid for matching rights when it struck its current deal with the NBA. In doing so, the NBA argued that WBD’s offer was not a legally valid match since it would also be broadcasting the games on TNT. And it should be noted that the contractual paperwork giving WBD matching rights is pages long and not simple. Zaslav and his deputies believe that they have a robust legal argument and that they are indeed entitled to use their contractual rights to match Amazon’s bid.

Persons: WBD’s, David Zaslav, Adam Silver, Warner, WBD, ”, that’s, “, NBCU, Zaslav, Stephen A, Smith Organizations: New, New York CNN, NBA, TNT, Warner Bros ., Wednesday, Amazon, Warner Bros, CNN, CNBC, NBCUniversal, Disney, ESPN, Big Tech, Apple, Google Locations: New York

☆ The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
▼ + stars: | 2024-07-25 | by ( John Towfighi | ) www.businessinsider.com time to read: +4 min

The Small Business Administration is expanding its loan programs to support investments in clean energy and climate-friendly businesses. It is also creating an application process for lenders to expand their loan size up to $2 million for climate-focused projects or $1 million for general projects. SBA loans, provided through banks or other financial institutions, help entrepreneurs raise capital. 7(a) loans provide long-term financing up to $5 million for general small business investments and are offered through most banks. Under the Biden administration, there have been 18 million small business applications.

Persons: Isabel Guzman, Guzman, Katie Frost, —, Biden, SBA's, Michael S, Regan Organizations: Service, Business Administration, SBA, Business, Community, Biden, Environmental Protection Agency

☆ CNBC Daily Open: Wall Street sinks, Ford slumps
▼ + stars: | 2024-07-25 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article F Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. CNBC's Daily Open is going on a short hiatus after today's newsletter. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.

Persons: Spencer Platt, We'll Organizations: New York Stock Exchange, Getty, CNBC Locations: New York City

☆ CNBC Daily Open: Wall Street sinks, Tesla slumps
▼ + stars: | 2024-07-25 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

Persons: Spencer Platt, We'll Organizations: New York Stock Exchange, Getty, CNBC Locations: New York City

☆ Scientists found a groundbreaking new reason to plant more trees
▼ + stars: | 2024-07-25 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Trees are sucking up just as much, if not more, methane than soil does — the only other known natural sink on Earth. "We've been undervaluing trees for their climate benefits," Vincent Gauci, a professor at the University of Birmingham and the lead author of the study, told Business Insider. Both natural and human-made methane emissions from wetlands, cows, landfills, and burning fossil fuels are on the rise. In a 2017 study, they found that trees in Amazon floodplains emitted more methane than they absorbed. Satellites detect lower methane emissions than what scientists have found on the ground, implying that such "bottom-up" studies either overestimated methane emissions or missed a sink.

Persons: We've, Vincent Gauci, Gauci Organizations: Service, University of Birmingham, Business, University of Oxford Locations: Brazil, Peru, Panama, Sweden

☆ Rats, roaches, and other creatures are winning against climate change, and it's bad news for humans
▼ + stars: | 2024-07-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

In the game of climate change, there are both winners and losers. AdvertisementMany of these climate change "winners" are hardy, fast-breeding scavengers that already live in some of the most degraded habitats on Earth: cities. When it comes to what they eat, they aren't picky, which means they probably don't have to worry about climate change eliminating their food source. If climate change is driving a "ratpocalypse," as some evidence suggests, that could have big consequences for human health. But as climate change raises temperatures and alters precipitation trends, their range is expanding and shifting to new geographic areas.

Persons: Giovanni Strona, Shutterstock, they've, We're, —, they're, They're Organizations: Service, Business, Commission's, Research Centre, Pest Control, South America, AP, CDC Locations: York, Africa, Asia, South America, South, Florida, Texas, Europe, Vermont

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