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☆ CNBC Daily Open: CPI’s higher than expected. Is it just a “janky” data point?
  + stars: | 2024-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
SeongJoon Cho | Bloomberg | 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. "I am totally comfortable with skipping [rate cuts for] a meeting if the data suggests that's appropriate," Bostic told The Wall Street Journal in an interview Thursday. The data suggests so. "This choppiness to me is along the lines of maybe we should take a pause in November," said Bostic, a voting member of the Federal Open Market Committee.
Persons: SeongJoon Cho, Raphael Bostic, Bostic, Joseph Brusuelas, Jeff Cox, Samantha Subin, Hakyung Kim Organizations: AMD, Bloomberg, Getty, CNBC, Atlanta Federal Reserve, Wall Street, Federal, Market, RSM Locations: Pike, Seattle , Washington, US
☆ 20 details you probably missed in 'Hocus Pocus'
  + stars: | 2024-10-11 | by ( Amory Rose | ) www.businessinsider.com   time to read: 1 min
The children in the town are evidently pretty independent. All of them changed out of their Halloween costumes and into intricate pajama sets. DisneyThe morning after Halloween, when the children are seen walking in the streets in a trance during Sarah Sanderson's song, they're all wearing coordinated pajama sets, complete with robes and slippers. It is the wee hours of the morning, so kids wearing pajamas may just seem like a given. This also seems to explain why some of the children are still wearing parts of their Halloween costumes — like masks and crowns — even though they're coming from their beds.
Persons: Sarah Sanderson's, Winifred
☆ An ex-Tesla owner shares why his experience with a Rivian R1T during Hurricane Helene made him a convert
  + stars: | 2024-10-11 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +8 min
North Carolina resident Michael Cusick and his Rivian R1T got caught in Hurricane Helene last week. But his experience with his Rivian R1T EV truck following Hurricane Helene — a storm that ravaged the southeast, including Cusick's home in Asheville, North Carolina — has cemented his position as a new Rivian convert. Cusick's Rivian in Pisgah National Forest in North Carolina earlier this year. A Rivian spokesperson told Inside EVs, which earlier reported on Cusick's truck, that Rivian battery packs are sealed to provide floodwater protection. The interior of Cusick's Rivian truck was kept dry during Hurricane Helene, Cusick told BI.
Persons: Michael Cusick, R1T, Hurricane Helene, Cusick, Rivian, Tesla, —, Helene —, Asheville , North Carolina —, Cusick's, Zers, Roy Cooper, it's, It's, Michael Cusick That's, They're, Michael Cusick Cusick Organizations: Service, Tesla, Chevy Silverado, Asheville —, Asheville, Gov, Associated Press, Business Locations: Carolina, Hurricane, Asheville , North Carolina, Rivian, Asheville, Pisgah National Forest, North Carolina, St, Augustine , Florida, Buncombe County, Virginia, Atlanta
☆ JP Morgan has done an excellent job under Jamie Dimon's leadership, says RBC's Gerard Cassidy
  + stars: | 2024-10-11 | 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 EmailJP Morgan has done an excellent job under Jamie Dimon's leadership, says RBC's Gerard CassidyGerard Cassidy, RBC Capital Markets co-head of global financials research, joins CNBC's 'Squawk on the Street' to discuss big bank earnings reported this morning, his read on banking activity going into next year, and more.
Persons: JP Morgan, Jamie Dimon's, RBC's Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets
☆ Elon Musk reveals the 'Art Deco' design inspiration behind Tesla's Robovan
  + stars: | 2024-10-11 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Elon Musk surprised viewers with the unveiling of Tesla's Robovan at the 'We Robot' event Thursday. Musk shared on X that the Robovan's design was inspired by Art Deco trains. But the Robovan's exterior aesthetic appears to be inspired by the early 20th century Art Deco design period. In response to a user who asked about what inspired the design, Musk replied, "Art Deco trains." Art Deco trains were a product of the Art Deco era, which took place in the 1920s and 1930s.
Persons: Elon Musk, Tesla's Robovan, Musk, —, Tesla, — Tesla, Robovan, 🎯, ike Organizations: Art Deco, Service, Art Locations: lon, usk, ehicles
☆ Hurricane Milton might cost insurers up to $50 billion — but it could have been much worse, analysts said
  + stars: | 2024-10-11 | by ( Lian Kit Wee | ) www.businessinsider.com   time to read: +4 min
Hurricane Milton's insured losses could cost between $30 billion and $50 billion, said analysts. AdvertisementHurricane Milton stormed Florida on Wednesday, leaving an estimated $30 billion to $50 billion of insured losses, according to analysts from Fitch Ratings in a Thursday note. Milton's insured losses could range from $30 billion to $50 billion, according to Fitch, making it the largest since Hurricane Ian in 2022, which caused $60 billion in damages. According to a September report by Moody's Analytics, Hurricane Helene's insured losses were between $20 billion and $34 billion. Fitch analysts said local insurers might face insufficient reinsurance coverage to handle the losses and drive up premium rates.
Persons: —, Hurricane Milton, Milton, Alejandro Mayorkas, Fitch, Ian, Morningstar DBRS, Jefferies, Ron DeSantis, Helene Organizations: Service, Hurricane, Fitch, US Homeland, White, Morningstar, Reuters, Analytics, National Hurricane Center, Gov, Moody's Analytics, P, Global, Swiss RE Locations: Florida, Tampa, Swiss, Fitch
☆ Vance repeatedly refuses to say if he believes Trump lost 2020 election
  + stars: | 2024-10-11 | by ( Kit Maher | ) edition.cnn.com   time to read: +4 min
New Orleans CNN —Republican vice-presidential candidate JD Vance refused five times to say if he believes former President Donald Trump lost the 2020 election during part of an hour-long interview with The New York Times. “Do you believe he lost the 2020 election?” host of “The Interview,” Lulu Garcia-Navarro said. “I think that Donald Trump and I have both raised a number of issues with the 2020 election, but we’re focused on the future,” Vance said. “Did Donald Trump lose the 2020 election?”“Did big technology companies censor a story that independent studies have suggested cost Trump millions of votes? CNN’s KFile reported Monday that, in the weeks after the 2020 election, Vance indicated he believed that Trump had lost the election and accepted that Joe Biden would be inaugurated.
Persons: Vance, Donald Trump, ” Lulu Garcia, Navarro, “, we’re, ” Vance, ” Garcia, Hunter Biden, I’m, ”, Garcia, ’, Kamala Harris, Tim Walz, Walz, Trump, CNN’s KFile, Joe Biden, “ I’ve, Vance hedged, We’ve, Democratic Sen, John Kerry, George W, Bush, Biden Organizations: New, New Orleans CNN — Republican, The New York Times, Trump, Minnesota Gov, RNC, Democratic Locations: New Orleans, Ohio
☆ Disney World employees felt pressured to stay and work despite forecasts of looming tornadoes and flash floods in the hours leading up to Hurricane Milton
  + stars: | 2024-10-11 | by ( Reed Alexander | ) www.businessinsider.com   time to read: +9 min
Multiple Disney World employees told BI about their disappointment with how the company handled Milton. The Walt Disney World Resort was still open for business. AdvertisementIn a statement, a Walt Disney World spokesperson said the company prioritizes the well-being of those on park grounds. At Disney World, workers' minimum wage starts at $18 an hour. With 80,000 staffers, the Disney World Resort is one of the largest single-site employers in the United States.
Persons: Cash, —, Milton, Goldman Sachs, they'd, Reed Alexander Organizations: Disney, Milton, Service, Orlando, Sunshine State, Walt Disney, Workers, Hollywood Studios, Animal, Magic, Magic Kingdom, Disney World, BI, Wilderness Locations: Magic Kingdom, Epcot, Orange County, Central Florida, Florida, Saratoga, Orlando, United States
☆ Why Nevada Latinos Are Losing Faith in Government
  + stars: | 2024-10-11 | by ( Jennifer Medina | Kassie Bracken | Noah Throop | ) www.nytimes.com   time to read: +16 min
Why Nevada Latinos Are Losing Faith in GovernmentLas Vegas is best known for its glittering casinos along the Strip, but it is also a perennial political battleground. Much of that growth comes from Hispanic voters, who make up more than 20 percent of the Nevada electorate. Scroll to play video Muted Jonathan Ocampos Jonathan Ocampos Etelvina Zamora-Esquivel Etelvina Zamora-Esquivel Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Jonathan Ocampos Jonathan Ocampos “Buying a house. Livier Maxwell “Things were better for me when he was in office, I had more money in the bank,” she said. Scroll to play video Muted Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez Livier Maxwell Livier Maxwell Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Jonathan Ocampos Jonathan Ocampos Rafael Cerros Jr. Rafael Cerros Jr. Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez “As a Latina, “As a Latina, I feel like I should be more offended by the way, I feel like I should be more offended by the way, Trump speaks about immigrants coming over.
Persons: Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Livier Maxwell Livier Maxwell Vanessa Martinez Vanessa Martinez Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Etelvina Zamora, Esquivel Etelvina Zamora, Esquivel Alfonso N, Lopez Alfonso N, Lopez Rafael Cerros Jr, Rafael Cerros Jr, Jonathan Ocampos Jonathan Ocampos Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Rafael Cerros Jr, Vanessa Martinez Vanessa Martinez Livier Maxwell Livier Maxwell Alfonso N, Jonathan Ocampos Jonathan Ocampos Marco Hernandez Marco Hernandez Vanessa Martinez Vanessa Martinez Livier Maxwell Livier Maxwell Etelvina Zamora, Esquivel Jonathan Ocampos Jonathan Ocampos “, ”, ’, “, ” “, we’re, homeownership, Jonathan Ocampos Jonathan Ocampos Etelvina Zamora, Esquivel Vanessa Martinez Vanessa Martinez Alfonso N, Lopez Vanessa Martinez Vanessa Martinez Alfonso N, Lopez Jonathan Ocampos Jonathan Ocampos, I’m, they’re, they’re overpaying, I’ll, Kamala Harris, Trump, Livier Maxwell, Maxwell, Donald J, Zamora, Esquivel, Suldenil Alvarez, Alvarez, Loriga, Loriga Joleen Reyes, Joleen Reyes, ” Ms, Reyes, Marilyn Robeldo, Mr, Marilyn Robeldo “, Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Alfonso N, Lopez Livier Maxwell Livier Maxwell Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Jonathan Ocampos Jonathan Ocampos Rafael Cerros Jr, Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Alfonso N, Lopez “, José, Ronald Reagan, — Organizations: Government Las Vegas, Republican Party, Democratic, Nevada Democrats, White, Culinary Workers Union, Cosmopolitan, Republican, Mr Locations: Nevada, Government Las, Vegas, Mexico, Las Vegas, Uruguay, Mexico City, San Diego, Cuba, Mexican, Honduras
☆ Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock
  + stars: | 2024-10-11 | by ( Matthew J. Belvedere | ) 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. During the Club's Morning Meeting, Jim Cramer said Wall Street is "starting earnings season off with a bang." Club stock Wells Fargo rose more than 5.5% after quarterly profit exceeded estimates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.
Persons: Jim Cramer, Jim, Melius, Jensen Huang, Morgan Stanley, CrowdStrike, Stocks, Tesla, Jim Cramer's Organizations: CNBC, AMD, Melius Research, Nvidia, Alto Networks, JPMorgan, Ferrari Locations: Wells, BlackRock
☆ Earnings growth should continue to drive the S&P 500, says UBS
  + stars: | 2024-10-11 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
The S & P 500 touched a record in early trading and was headed for its fifth-straight winning week. Excluding the energy sector, S & P 500 profit growth should be 8-10%," the bank wrote in a note to clients. "Many of these companies are benefiting from continued strong growth in AI investment spending and monetization," UBS added. "In aggregate, the Magnificent 7 will account for 21% of S & P 500 profits in 2024 and closer to 25% in 2025." The bank sees the S & P 500 climbing to 5,900 by year end and 6,200 by June 2025.
Persons: Banks, Wells Organizations: UBS, Investors, JPMorgan Chase, Federal Reserve Locations: Wells Fargo, BlackRock
☆ Friday's analyst calls: Goldman raises Nvidia target, JPMorgan upgrades Ferrari
  + stars: | 2024-10-11 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com   time to read: +4 min
(This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter. Ferrari's scarcity-driven growth strategy has contributed to price growth of as much as 30% for new vehicles compared to prior vehicles, per Brinkman. — Hakyung Kim 6:25 a.m. Morgan Stanley raises Eli Lilly estimates Morgan Stanley notched its price target for Eli Lilly shares higher on increased weight-loss drug estimates. — Hakyung Kim 6:00: am Goldman Sachs raises Nvidia price target Goldman Sachs believes strong demand for artificial intelligence compute should help drive Nvidia shares higher. Analyst Toshiya Hari increased his price target on Nvidia shares to $150 from $135, implying 11.3% upside potential from Thursday's close.
Persons: Goldman, Morgan Stanley, Elli Lilly, Ryan Brinkman, Brinkman, Ferrari, — Hakyung Kim, Eli Lilly, Terence Flynn, Zepbound, Eli Lilly's, Mounjaro, Flynn, Mercado, Gonzalo Lopez, Lopez, Mercado Credito, Goldman Sachs, Toshiya Hari, Hari, Hakyung Kim Organizations: CNBC, Nvidia, JPMorgan, Ferrari, Mercado Libre, company's Data Locations: Thursday's, Latin America, U.S, America, verticals, Hari
☆ Tesla's robotaxi dreams are going to be an insurance nightmare
  + stars: | 2024-10-11 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +4 min
High insurance costs could wipe out earnings for Cybercab owners. AdvertisementThere are plenty of hurdles for Tesla's promised robotaxi fleet to clear before launching, but one overlooked barrier may be the complexity of insuring a fleet of self-driving Teslas. Advertisement"It's great that you have a vehicle that is cheaper," said Jessica Caldwell, executive director of insights for Edmunds, referring to Tesla's $30,000 Cybercab. "But that can easily get outweighed by high insurance costs." The automotive insurance industry has yet to fully embrace autonomous technology, and without coverage, driverless Teslas can't operate.
Persons: Tesla, —, Tesla's, Elon Musk's, Jessica Caldwell, Edmunds, there's, Caldwell, Musk, Elon, Morgan Stanley, Adam Jonas Organizations: Insurance, Service, Tesla, Investors Locations: Texas, California
☆ Pharrell Williams says writing 'Happy' broke him. It went on to become one of the biggest songs of the 2010s.
  + stars: | 2024-10-11 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com   time to read: +3 min
Pharrell Williams told Zane Lowe's Apple Music interview series that writing "Happy" broke him. Williams said writing "Happy" for "Despicable Me 2" came from a place of sarcasm. He said the song's success made him realize his insignificance in the universe. AdvertisementPharrell Williams' said "Happy" — one of the biggest hits of the 2010s — "broke" his worldview. Williams said the song's success opened his eyes to his insignificance in the universe.
Persons: Pharrell Williams, Zane Lowe's, Williams, —, Oscar Organizations: Zane Lowe's Apple, Service
☆ The Late Morning Rundown: October 11, 2024
  + stars: | 2024-10-11 | 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 EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
☆ Peacekeepers’ safety in Lebanon ‘in jeopardy,’ UN official warns after Israeli fire injures two
  + stars: | 2024-10-11 | by ( Niamh Kennedy | Saskya Vandoorne | Lauren Izso | ) edition.cnn.com   time to read: +5 min
CNN —Concerns are mounting for the safety of United Nations peacekeeping forces in southern Lebanon amid Israel’s ground incursion, UN peacekeeping chief Jean-Pierre Lacroix warned on Thursday, after Israeli fire resulted in the injury of two UN troops. The UN Interim Force in Lebanon (UNIFIL) reported early Thursday that the peacekeepers were injured after an Israeli tank fired toward an observation tower at its headquarters in the southern Lebanese city Naqoura. “The IDF is operating in southern Lebanon and maintains routine communication with UNIFIL,” the IDF said in a statement after Thursday’s incident. UN peacekeepers have been stationed in southern Lebanon since 2006, per a mandate by the United Nations Security Council. Italy’s Prime Minister Giorgia Meloni summoned the Israeli ambassador in Rome on Thursday after what she described as “unacceptable” behavior by the Israeli forces.
Persons: Jean, Pierre Lacroix, Peace Operations Lacroix, ” Lacroix, ” UNFIL, ”, Farhan Haq, –, Indonesian –, Wafiq Safa, Giorgia Meloni, Stefano Messina, Yoav Gallant, “, Micheál Martin, Simon Harris, Foreign Affairs Josep Borrell Organizations: CNN, United Nations, UN, UN Security, Peace Operations, UN Interim Force, Israel Defense Forces, UNIFIL, IDF, Indonesian, United Nations Security Council, Hezbollah, Italy’s, Israel’s, Italian UNIFIL, Irish, European Union High Representative, Foreign Affairs Locations: Lebanon, Iran, Lebanese, “, Naqoura, Israel, Beirut, Italy, France, Ireland, Rome, Italian, ” France, EU
☆ Tesla stock drops 10% after Wall Street sees robotaxi event 'stunningly absent on detail'
  + stars: | 2024-10-11 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
Tesla stock fell as much as 10% after its robotaxi reveal underwhelmed Wall Street analysts. Tesla's vision drew skepticism from Wall Street over execution and potential profit challenges. AdvertisementTesla stock dropped as much as 10% on Friday after the automaker's robotaxi reveal event underwhelmed Wall Street. "We found Tesla's Robotaxi event to be underwhelming and stunningly absent on detail," Sacconaghi said. There was at least one Wall Street analyst who struck a positive tone after Tesla's robotaxi event: Wedbush analyst Dan Ives.
Persons: —, Elon Musk, wasn't, Wells, Colin Langan, Bernstein, Toni Sacconaghi, Tesla, Sacconaghi, Dan Ives, Ives Organizations: Street, Service
☆ Hurricane Milton: Floods, blackouts and gas shortages as Florida faces headwinds
  + stars: | 2024-10-11 | by ( Ashley R. Williams | Brandon Miller | Zoe Sottile | ) edition.cnn.com   time to read: +18 min
Sean Rayford/Getty Images Cars move slowly through Matlacha, Florida, on Thursday after Hurricane Milton damaged power lines. Chris Urso/Tampa Bay Times/AP A satellite image captures Hurricane Milton reaching the coast of Florida on Wednesday, October 9. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday. “Many areas in the county have incurred severe property damage because of back-to-back impacts from Hurricane Helene and Hurricane Milton,” Pinellas County Consumer Protection said in a public advisory Thursday.
Persons: Milton, Floridians, ”, Ron DeSantis, Walt, Aquatica, Connie Gore, Cecelia Smith, Hurricane Milton, Crystal Vander, Miguel J, Rodriguez Carrillo, Robert Turick, Turick, Helene, Rebecca Blackwell, Cristobal Herrera, Julio Cortez, Giorgio Viera, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Austin, Joe Raedle, Sean Rayford, Marta Lavandier, Jefferee Woo, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Hurricane Helene, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, ” DeSantis, “, ” Crews, Melissa Seixas, CNN’s Kate Bolduan, Joe Biden, Deanne Criswell, ” Criswell, Hurricane, it’s, CNN’s Andy Rose Organizations: CNN, St, Daytona, Tampa International, Sarasota Bradenton International, Coast Guard, Walt Disney, SeaWorld, USA, AFP, Getty, AP, Hurricane, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Duke Energy, Pinellas County Consumer Protection, “, Government, FEMA, Cross Locations: Florida, Tampa, Hillsborough, Lithia, Clearwater, Johns, Orlando, Sanibel , Florida, St, Petersburg, Georgia, South Carolina, Aquatica Orlando, Discovery Cove, SeaWorld Orlando, Martin County , Florida, Port St Lucie , Florida, Hurricane, Englewood , Florida, Manasota Key, Hurricane Milton, Venice , Florida, Riverview , Florida, Lakewood Park , Florida, Siesta Key, Punta Gorda , Florida, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, Milton, St . Petersburg, Punta Gorda, Odessa , Florida, Venice, Matlacha , Florida, Palmetto Beach, Bradenton , Florida, St . Petersburg , Florida, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Melissa Seixas , Florida, Pinellas County, Georgia , Tennessee, Carolinas
☆ I went to a longevity conference for the ultra-rich. Here's how they're planning to cheat death.
  + stars: | 2024-10-11 | by ( Hilary Brueck | ) www.businessinsider.com   time to read: +8 min
AdvertisementThe small Swiss town of Gstaad, nestled in the Bernese Alps, looks like a setting ripe for a Sound of Music-inspired fairytale. Longevity Investors Conference/David BiedertThis is where longevity seekers come each fall for an intimate conference connecting investors to entrepreneurs and scientists. AdvertisementYes, there is still some Swiss cheese, wine, and desserts on offer at the Longevity Investor's Conference for those who wish to indulge. Longevity Investors Conference/David BiedertInvestment is flowing into early-stage longevity companies that are bringing tests and products to market. Longevity Investors Conference/David BiedertEquipped with Starlink satellite internet, the boat is designed for "floating coworking."
Persons: —, David Biedert, Moritz, Marc Bernegger, Longevity.Technology, who've, Bryan Johnson, Nir Barzilai, Alex Colville, Emil Kendziorra, Tobias Reichmuth, rapamycin, berberine, nature's, Reichmuth, David Furman, who'd, Julie Andrews, Madonna, Valentino Organizations: Business, Service, Longevity, Conference, Academy for Health, David, Bold, Michelin Locations: Switzerland, Gstaad, Bernese, St, Singapore, Tel Aviv, Age1, San Francisco, Antarctica, Sardinia, Italy, Okinawa, Japan, Zurich
☆ Florida residents are returning home after Hurricane Milton
  + stars: | 2024-10-11 | by ( Nicole Chavez | Taylor Galgano | ) edition.cnn.com   time to read: +6 min
CNN —There wasn’t much more than piles of debris from shattered homes when Vickie Ward returned Friday to her Grove City, Florida, neighborhood after Hurricane Milton. Vickie Ward said her home in Grove City, Florida, was damaged by hurricanes Helene and Milton. Her home in North Port, Florida, has been damaged multiple times by storms and she had just finished paying off repairs from Hurricane Ian in 2022. “To be honest with you, I don’t want to … It’s my fourth hurricane and four times I’ve gotten demolished. Sheriff’s deputies took them back to their home on an airboat after their neighborhood flooded by storm surge from Hurricane Milton and the Alafia River overbank flow.
Persons: Vickie Ward, Hurricane Milton, “, Helene, ” Ward, Ward, Milton, WxChasing, Brandon Clement, It’s, ”, Clement, Angie Dooley, ” Dooley, Dooley, Scott, “ I’m, ” Scott Dooley, Rina Tabak’s, Hurricane Helene, Tabak, Milton ., ” Tabak, Cheryl Bernatowicz, ” Bernatowicz, CNN’s Jake Tapper, Bernatowicz, Ralph Genito, Sheriff’s, it’s, ” Genito, Hillsborough County Sheriff Chad Chronister, Genito, that’s, ” Ralph, ” CNN’s Isabel Rosales, Mounira Elsamra Organizations: CNN, Sunshine State, Florida Near, Florida, Hillsborough County Sheriff Locations: Grove City , Florida, Hurricane, Fort Myers, St . Petersburg, Daytona Beach, Tampa, Hillsborough County, Milton, Florida Near Sarasota, North Port , Florida, Florida, East of Tampa, Valrico , Florida, Hurricane Milton
☆ Ex-Waymo CEO is not impressed by Tesla's Robotaxi
  + stars: | 2024-10-11 | by ( Lauren Edmonds | Tom Carter | ) www.businessinsider.com   time to read: +5 min
Waymo's ex-CEO said Tesla isn't "serious about building a safe and accessible Robotaxi business." AdvertisementIt seems former Waymo CEO John Krafcik was unimpressed by Tesla CEO Elon Musk's much-hyped "We, Robot" event. Alongside the Robotaxi, Tesla also showed off a 20-passenger Robovan and its Optimus humanoid robots. He added: "If a company were serious about building a safe and accessible Robotaxi business, it would look nothing like what was shown, or said, last night." AdvertisementMusk teased Tesla Robotaxis in 2019.
Persons: Tesla, Waymo's, Elon, —, John Krafcik, Elon Musk's, Musk, Krafcik, Tesla's Robovan, Donald Trump, Phil Koopman, Horacio Villalobos, Morgan Stanley, Gene Munster Organizations: Service, Warner Bros, Fifth, Business, Deepwater Asset Management Locations: Burbank , California
☆ I'm a wedding planner. Here are answers to 7 questions guests are often too embarrassed to ask.
  + stars: | 2024-10-11 | by ( Elisabeth Kramer | ) www.businessinsider.com   time to read: +7 min
As a wedding planner, I've heard my fair share of questions some guests feel embarrassed to ask. If you already gave the couple a wedding gift, you don't need to bring another to the event. Here are answers to common ones I find wedding guests are too embarrassed to ask. AdvertisementCan I wear white to a wedding if I'm not the one getting married? You can wear white to a wedding, but it may not be worth it.
Persons: I've, —, it's, you've, Ale_Koziura, I'm, Solange, Alan Ferguson's Organizations: Service
☆ CNBC Daily Open: Is higher-than-expected CPI just a 'janky' data point?
  + stars: | 2024-10-11 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Justin Sullivan | Getty Images News | 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. "I am totally comfortable with skipping [rate cuts for] a meeting if the data suggests that's appropriate," Bostic told The Wall Street Journal in an interview Thursday. The data suggests so. But Bostic acknowledged it's important to see whether individual data points cohere into a larger pattern, or if they're just "janky," as Bostic put it.
Persons: Justin Sullivan, Raphael Bostic, Bostic, Joseph Brusuelas, Jeff Cox, Samantha Subin, Hakyung Kim Organizations: Getty, CNBC, Atlanta Federal Reserve, Wall Street, Federal, Market, RSM Locations: San Rafael , California
☆ A woman says she was wrongfully put on American Airlines' no-fly list. She cold-emailed the CEO to resolve it.
  + stars: | 2024-10-11 | by ( Katie Balevic | ) www.businessinsider.com   time to read: +7 min
Erin Wright says she was shocked to discover she had been barred from flying American Airlines. As she tried to check in for her American Airlines flight to her sister's bachelorette party, she kept getting an error message, both on her phone and at a kiosk at the airport. American Airlines did not respond to multiple requests for comment. Like all airlines, American Airlines has a "Conditions of Carriage" contract that passengers agree to abide by when they purchase a ticket. American Airlines has either mixed me up with another Erin Wright or confused me for another passenger," she wrote.
Persons: Erin Wright, Wright, —, I've, Robert Isom, you've, we'll Organizations: American Airlines, Service, American Airlines . Business, Business, Transportation Security, Airlines Locations: New Mexico
☆ Inflation reports from this week should allow the Fed to stay on track with rate cuts
  + stars: | 2024-10-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +1 min
Investors who fear stubborn inflation, if not an outright rebound, got a bit of a salve on Friday morning. Wholesale prices showed no change month over month for September, coming in below expectations. The producer price index report may help offset some of the slight concerns about Thursday's consumer price index report, which was a bit hotter than expected. The personal consumption expenditures price index for September will be released on Oct. 31. "We think the Fed is really still on track to cut 25 [basis points] at each of the next two meetings," Seif added.
Persons: David Seif, Seif, Wells Organizations: Nomura Securities, Fed, PPI, Traders, JPMorgan Chase, BNY Mellon Locations: Wells Fargo
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