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☆ The 11 best shows and movies to watch this weekend, from Disney+'s new 'WandaVision' spinoff to Ryan Murphy's latest crime drama
▼ + stars: | 2024-09-20 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Shows like "Agatha All Along," "The Penguin," and "Monsters: The Lyle and Erik Menendez Story" premiered this week. Movies including "Challengers" and "I Saw the TV Glow" are now streaming. 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 .

Persons: All, Lyle, Erik Menendez, —, It's, Agatha Harkness, Colin Farrell, Robert Pattinson's, Zendaya, Max Organizations: Service, Business

☆ Ikea's fleet of 250 autonomous drones takes stock of warehouse inventory without any human intervention
▼ + stars: | 2024-09-20 | by ( John Kell | ) www.businessinsider.com time to read: +9 min

Three years ago, a drone took flight at an Ikea warehouse in Switzerland for the first time. They're more self-sufficient, too: For every 10 minutes that a Verity drone is in flight, it charges for 20 minutes. Ikea's investments in Verity's drone technology fit into its broader strategy to explore and test newer supply-chain technologies. Jönsson added that deploying drones has allowed employees to have more time for analyzing inventory data. Before using warehouse drones, workers would check thousands of pallets repeatedly in order to manage inventory.

Persons: Verity, —, Raffaello D'Andrea, — there's, Uber, Jeff Bezos, Bezos, Domino's, there's, DroneUp, D'Andrea, Verity hasn't, it's, Moller, Erik Jönsson, they're, haven't, Jönsson Organizations: Ikea, Chain Management, Service, Amazon, Walmart, Companies, McKinsey & Company, McKinsey, Ikea's, Ingka, Maersk, Samsung Group, Ingka Investments, Nvidia, Federal Aviation Administration, Investors, Kiva Systems, Amazon Robotics, Qualcomm Ventures, A.P, Moller Holding, Exor Ventures Locations: Switzerland, Swiss, Dutch, —, Zealand, Arizona , Florida, Utah, Dallas

☆ Trump 2.0 tariffs could put tech 'in the line of fire,' says UBS analyst
▼ + 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 EmailTrump 2.0 tariffs could put tech 'in the line of fire,' says UBS analystRandy Abrams, head of Taiwan Research at UBS, discusses potential Trump 2.0 tariffs and what they would mean for global trade and tech supply chains.

Persons: Randy Abrams Organizations: Trump, UBS, Taiwan Research Locations: Taiwan

☆ Turkey central bank keeping rates on hold was 'the right call,' East Capital Group says
▼ + 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 EmailTurkey central bank keeping rates on hold was 'the right call,' East Capital Group saysEmre Akcakmak, head of frontier markets at East Capital Group, discusses the Turkish central bank's decision to keep its main interest rate steady at 50%.

Persons: Emre Akcakmak Organizations: East Capital Group Locations: Turkey, Turkish

☆ U.S. keeps missile system in Philippines as China tensions rise, tests wartime deployment
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +3 min

The Typhon system, which can be equipped with cruise missiles capable of striking Chinese targets, was brought in for joint exercises earlier this year, both countries said at the time, but has remained there. China and Russia have condemned the first deployment of the system to the Indo-Pacific, accusing Washington of fueling an arms race. The deployment, some details of which have not been previously reported, comes as China and U.S. defense treaty ally the Philippines clash over parts of the hotly contested South China Sea. Philippine officials said Filipino and U.S. forces continued to train with the missile system, which is on the northern island of Luzon, facing the South China Sea and is close to the Taiwan Strait. A Philippine army spokesman, Colonel Louie Dema-ala, on Wednesday said training was ongoing and it was up to Philippine authorities and the United States Army Pacific to decide how long the missile system would stay.

Persons: Ezra Acayan, Lin Jian, Louie Dema, USARPAC, Ferdinand Marcos Jr Organizations: High Mobility Artillery, Getty, United States Army Pacific, Reuters, Philippine Locations: Philippines, Laur, Nueva Ecija, States, U.S, Asia, Taipei, China, Russia, Washington, Luzon, Taiwan Strait, Philippine

☆ Why a scandal consuming a Trump protégé could harm the ex-president in North Carolina
▼ + stars: | 2024-09-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

And Democrats have several times thought North Carolina was ripe to pick off in recent elections — only for it to stubbornly stay red. But his new problems quickly pushed North Carolina even further to the forefront of the presidential race. How Trump can mitigate the damageThe KFile investigation about Robinson landed the Trump campaign with a suddenly breaking crisis. Mark Robinson walks past former President Donald Trump after being introduced at a Trump campaign event in Asheboro, North Carolina, on August 21, 2024. Those 16 electoral votes would open hugely significant possibilities for Harris, but Democrats have seen their hopes dashed in North Carolina before.

Persons: Donald Trump, Mark Robinson, Robinson, MAGA, CNN’s KFile, “ Martin Luther King, Kamala Harris ’, Trump’s, Harris, Trump, — Robinson, Josh Stein, David Plouffe, ”, Barack Obama, —, Joe Biden, Sarah Huckabee Sanders, envelops Trump, she’s, Oprah Winfrey, Chuck Burton, Karoline Leavitt, Biden, ” Leavitt, Margaret Hoover, ” Hoover, CNN’s Erin Burnett, “ MAGA, CNN’s Alayna Treene, Kristen Holmes, Harris The Harris, doesn’t, Carolina’s, Roy Cooper, “ Donald Trump, ” Cooper, Obama, Mitt Romney, Hillary Clinton, Nate Silver, CNN’s Jake Tapper, ” Silver, he’ll Organizations: CNN, Republican, Gov, Trump, White, Trump GOP, Republican Party, Electoral, Democratic, North Carolina, North, Arkansas Gov, Asian Pacific, America, Black, Asheboro, Harris The, NC GOP Locations: North Carolina, Trump, Pennsylvania , Wisconsin, Michigan, House, Springfield , Ohio, New York, Black, Asheville , North Carolina, Carolina, Asheboro , North Carolina, Virginia

A staffer of vice presidential candidate JD Vance called Springfield City Manager Bryan Heck on September 9 and asked if there was any truth in rumors that Haitian immigrants were taking and eating pets in Springfield, Heck told the Journal. I told them these claims were baseless.”“Yes, that call was made,” Springfield Mayor Rob Rue told CNN’s “Laura Coates Live” Thursday. Although the false claims about Haitian immigrants abusing animals have been widely discredited, Trump and Vance have doubled down since the debate. Asked Sunday by CNN’s Dana Bash to back up his claims, Vance, a US senator from Ohio, said he has received concerns from constituents, though he did not provide evidence. Two Ohio state trooper vehicles parked outside the Springfield City Schools office Friday.

Persons: JD Vance, Bryan Heck, Heck, ” Heck, ”, Rob Rue, CNN’s, Laura Coates, “, Donald Trump, Springfield, Mike DeWine, ” DeWine, Sassy, Jeff Winter, Anna Kilgore, Kilgore, Trump, Vance, CNN’s Dana Bash, Dana, ” Vance, Rue, Vilbrun Dorsainvil, ” Rue, “ We’ve, Warren Davidson, ” Davidson, ” CNN’s Jeff Winter, Meridith Edwards, Omar Jimenez Organizations: CNN, Trump, Springfield City, Springfield, ” CNN, ” Ohio Republican Ohio Gov, The New York Times, Clark State College, Wittenberg University, Wall Street, Springfield City Schools, Springfield “, Trump . Ohio, Republican, “ Locations: Springfield , Ohio, Springfield, ” Ohio, Ohio, he’s

☆ Elena Congost to appeal ‘cruel’ disqualification after Paralympics controversy
▼ + stars: | 2024-09-20 | by ( Jamie Barton | ) edition.cnn.com time to read: +7 min

With Carol running steadily again, he and Congost crossed the finish line to claim the bronze medal – or so they thought. “I couldn’t believe what was happening,” Congost told CNN Sport. “The Spanish Paralympic Committee, thanks to pressure from the media, issued a statement on (September 8) that they would give me the grant as if I were a medalist. “(The Spanish Paralympic Committee) will pay me retroactively, they have promised. Thibault Camus/APCongost is adamant that Michishita, the Japanese runner who finished behind her, is not deserving of the bronze medal she was presented with.

Persons: Elena Congost, Mia Carol, Carol, Michishita, Carol cramping, Congost, ” Congost, “ I’d, I’d, I’m, “, ”, Thibault Camus Organizations: CNN, CNN Sport, Paralympic, Olympic Games, Spanish Paralympic Committee, Spanish Paralympic, National Sports Council, Spanish Federation of Sports for Blind People, SPC, Para Athletics, Athletics, Para, Japanese Paralympic Committee, Eiffel Locations: Spanish, Rio de Janeiro, Tokyo, Brazil, Paris, disqualifying

☆ McLaren CEO: Norris, Piastri styles complement team, each other
▼ + 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 EmailMcLaren CEO: Norris, Piastri styles complement team, each otherZak Brown, CEO of McLaren Racing, says the differing styles of Formula One drivers Lando Norris and Oscar Piastri make the team better. He also discusses the sport's popularity in the U.S.

Persons: Norris, Zak Brown, Lando Norris, Oscar Piastri Organizations: McLaren, McLaren Racing Locations: U.S

☆ Kamala Harris is a gun owner. Here is what we know
▼ + stars: | 2024-09-20 | by ( Mj Lee | ) edition.cnn.com time to read: +6 min

“I am a gun owner, and I own a gun for probably the reason a lot of people do – for personal safety,” Harris, then a California senator, told reporters in Iowa. Harris’ office declined to share what year she first became a gun owner or any other details about the firearm and her ownership of it. But she did not run from her values on assault rifles and assault weapons,” the adviser said. Trump, Harris’ Republican opponent, is also a self-proclaimed gun owner. Walz, the Minnesota governor and Harris’ running mate, is also a gun owner.

Persons: CNN — Kamala Harris, Donald Trump’s, Harris “, “ Tim Walz, We’re, Harris, Oprah Winfrey, they’re, ” Harris, “, ”, don’t, Harris ’, –, Tim Walz’s, Frankie Vanloock’s, Francisco Ortiz, Frank Green, Dr, Jose Rosas, Trump, Walz, Ohio Sen, JD Vance Organizations: CNN, Democratic, Naval Observatory, Trump, Republican, New York City Police Department, Philadelphia TV Locations: Michigan, Los Angeles, Washington, California, Iowa, Alameda County, New York, Minnesota

☆ The competitiveness of AI will be both technically and energy-driven, says Peter Huntsman
▼ + 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 EmailThe competitiveness of AI will be both technically and energy-driven, says Peter HuntsmanPeter Huntsman, Huntsman Corp. CEO and president, joins 'Squawk Box' to discuss what the new incoming EU antitrust chief could mean for Big Tech, importance of energy in the AI competition, and more.

Persons: Peter Huntsman Peter Huntsman Organizations: Huntsman Corp, Big Tech

☆ NATO chief says alliance has undergone its biggest transformation in a generation but military power has its limits
▼ + stars: | 2024-09-20 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe head of NATO said the alliance has undergone its biggest transformation in a generation, but warned that military power has its limits. Stoltenberg said that since he took on the role in 2014, NATO has been described as "divided, "obsolete," and "braindead," but the reality is that the military alliance is "strong," "united," and "more important than ever." "We have, over these 10 years, undergone their biggest transformation in a generation," he said. However, Stoltenberg also stressed that "military power has its limits," citing NATO's military intervention in Afghanistan after 9/11.

Persons: —, Jens Stoltenberg, Stoltenberg, Mark Rutte, " Stoltenberg Organizations: Service, NATO, German Marshall Fund, Business, UN, International Security Assistance Force, Taliban, Dutch Locations: Brussels, Ukraine, Russia, Afghanistan, Al Qaeda, Resolute, Gaza, Europe, North America

☆ China-Mexico freight traffic surges in Trump, Biden tariff era, as companies find ways to evade U.S. trade war
▼ + stars: | 2024-09-20 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +16 min

Patrick T. Fallon | AFP | Getty ImagesNew data shows a surge in trade between China and Mexico at a time of tough tariff talk during the presidential campaign. This nearshoring of manufacturing enables companies to change a product's origin of goods, also referred to as the "economic nationality" of a product. Data from freight analytics firm Xeneta shows China to Mexico container trade up by 26.2% from January to July 2024, after growing by 33% in 2023. Mexico is also a member of the Pacific Alliance, a trade bloc formed by Mexico, Chile, Colombia, and Peru. "Bilateral tariffs should be expected to lead to trade diversion, and that's exactly what happened in the aftermath of the trade war.

Persons: Patrick T, Fallon, Jordan Dethwart, Mary Lovely, Anthony Solomon, Simon Cohen, Peter Sand, Donald Trump, Trump, John Piatek, Biden, Piatek, Lovely, Moody's, Elon Musk, Musk, Tesla, Sand, Charles Van der Steene, Van der, Mexico —, Freightos, Erica York, York, Tim Robertson, Ian Arroyo, Arroyo, Saul Loeb Organizations: El, El Paso Sector, AFP, Getty, U.S, Companies, Peterson Institute for International Economics, Henco Logistics, European Union, European Free Trade Area, Pacific Partnership, Pacific Alliance, GEP, Motive, BMW, Ford, GM, Kia, gigafactory, Volvo, Pirelli, Michelin North America, Hyundai, SFK USA, Maersk, Bureau of Transportation Statistics, CNBC, United, Pacific, Port, U.S ., ITS Logistics, Tax, DHL Global, Dana, Afp Locations: El Paso, Mexico, New Mexico, Chihuahua, Sunland Park , New Mexico, China, Redwood Mexico, United States, Canada, U.S, Japan, Israel, Latin America, Chile, Colombia, Peru, USA, propping, Laredo , Texas, El Paso , Houston, San Diego, Monterrey, Fremont , California, Austin , Texas, Americas, Mexican, Monterrey . Mexico, East, lading, Maersk North America, Tijuana, El Paso , Texas, Pacific Coast Port, Lazaro, Laredo, Monterrey , California, U.S . West, U.S . East, Gulf, West Coast, Asia, Mexico City, Warren , Michigan

☆ US Navy's new submarines are 'in crisis' as costs balloon by $17 billion, lawmaker says
▼ + stars: | 2024-09-20 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The news comes after a major report earlier this year revealed the Navy's biggest projects, including new Virginia-class submarines, were facing severe delays of up to three years. Absent today's intervention, I have zero confidence that Navy shipbuilding will get back on track." The Navy attributed shipbuilding delays across its top programs to COVID-19's impact on the workforce and supply chain. "Somehow, the Navy continues to assert that commitments to INDOPACOM and our AUKUS partners remain on track" despite Virginia-class delays, he said. Virginia-class submarines are considered vital to the US' role in deterring and, if necessary, fighting China.

Persons: —, Ken Calvert, Calvert, Carlos Del Toro, Christopher Kastner, Politico, Del Toro Organizations: Service, Business, Navy, California Republican, General Dynamics Corp, Huntington Ingalls Industries, U.S . Navy, Shipyard, White, DOD, Pentagon, US Navy Public Affairs, Columbia, US Navy, US, Royal Australian Navy Locations: Virginia, California, Columbia, China, Australia

The Barclays 6 Month Online CD is paying 5.10% APY, but it may not be for long. This is because CD rates are directly impacted when the Federal Reserve changes rates. Most notably, the well-known online bank Barclays Bank still has a 6-month CD paying 5.10% annual percentage yield (APY) on a 6-month CD, but it may not be for long. How to earn 5.10% APY on a Barclays CDSince Barclays is an online-only bank, you'll have to apply for the Barclays 6 Month Online CD online. She edits and updates articles about banks, checking and savings accounts, CD rates, budgeting, and general saving.

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: Fed, Barclays, Federal Reserve, Barclays Bank, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: California

☆ RH is the biggest importer of Italian sofas in America, says CEO Gary Friedman
▼ + stars: | 2024-09-20 | by ( Jim Cramer | ) 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 EmailRH is the biggest importer of Italian sofas in America, says CEO Gary FriedmanRH Chairman and CEO Gary Friedman joins 'Mad Money' host Jim Cramer to talk quarterly results, global growth, the state of the housing market and more.

Persons: Gary Friedman, Jim Cramer Locations: Italian, America

☆ Lot of alpha opportunities under the hood in China A-shares: GS
▼ + 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 EmailPlenty of alpha opportunities under the hood; stay invested in China A-shares: Goldman SachsTimothy Moe of Goldman Sachs highlights short-term opportunities in H-shares and long-term potential in A-shares as China’s structural transformation takes shape, but advises a selective approach within these markets.

Persons: Goldman Sachs Timothy Moe, Goldman Sachs Locations: China

☆ Long-term interest rates could rise despite the Fed's cut, says Greenwich Wealth's Vahan Janjigian
▼ + 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 EmailLong-term interest rates could rise despite the Fed's cut, says Greenwich Wealth's Vahan JanjigianVahan Janjigian, Chief Investment Officer at Greenwich Wealth Management, and Margaret Patel, Senior Portfolio Manager for multi-asset solutions at Allspring Global Investments, join 'The Exchange' to discuss slowdown strategies for stocks, the future of interest rates, and more.

Persons: Janjigian, Margaret Patel Organizations: Greenwich Wealth Management, Allspring Global Investments Locations: Greenwich

☆ The Fed is definitely taking their dual mandate seriously here, says GenTrust's Mimi Duff
▼ + 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 EmailThe Fed is definitely taking their dual mandate seriously here, says GenTrust's Mimi DuffMimi Duff, GenTrust managing director, joins 'Squawk Box' to discuss the Fed's interest rate decision this week, what was behind the central bank's decision to cut by 50 basis points, state of the economy, and more.

Persons: Mimi Duff Mimi Duff, GenTrust

☆ Don't see Yuan carry trade unwinding, 'worst is possibly over' for CNH
▼ + 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 EmailDon't see an unwinding in Yuan carry trade, 'worst is possibly over' for its offshore currencyChidu Narayanan of Wells Fargo Securities shares three reasons why he does not see the Yuan carry trade unwinding and says that USD/JPY will remain "rangebound" around 139-145 in the near term.

Persons: Yuan, Narayanan Organizations: Wells Fargo Securities Locations: Wells Fargo

☆ Fmr. Commerce Sec. Gutierrez on possible U.S. port strikes: Union is totally overplaying their hand
▼ + 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 EmailFmr. Commerce Sec. Gutierrez on possible U.S. port strikes: Union is totally overplaying their handFormer Commerce Secretary Carlos Gutierrez joins 'Squawk Box' to discuss possible U.S. port strikes over labor negotiations, potential impact of port shutdowns on the U.S. economy and consumers, and more.

Persons: Gutierrez, Carlos Gutierrez Locations: U.S

☆ Cutting interest rates in China is irrelevant for its economy right now: Peter Boockvar
▼ + 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 EmailCutting interest rates in China is irrelevant for its economy right now: Peter BoockvarPeter Boockvar of Bleakley Financial says China needs time to work through the problems facing its economy, and with market sentiment being so bearish, it is time to start looking for positive catalysts.

Persons: Peter Boockvar Peter Boockvar Organizations: Bleakley Financial Locations: China

☆ It's a tough time in retail — and CEO heads keep rolling
▼ + stars: | 2024-09-20 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +1 min

More retail bosses have walked the plank post-pandemic, with boards demanding better performance. Being CEO of a retail company is not an easy job right now. 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 . AdvertisementJohn Donahoe is the latest retail CEO to hit the chopping block.

Persons: —, John Donahoe, Elliott Hill, Neil Saunders Organizations: Nike, Service, GlobalData Retail, Business

☆ America's fallen tech giant Intel is facing a crossroads
▼ + stars: | 2024-09-20 | by ( Helen Li | ) www.businessinsider.com time to read: +6 min

Read previewThe chip giant Intel could be at a crossroads as it figures out its next steps amid its declining valuation and struggling business. AdvertisementThe foundry side of Intel's business could also be in question, putting its billions in CHIPS and Science Act funding in jeopardy. Related storiesPreviously, Qualcomm had explored buying pieces of Intel's design business, Reuters reported. Intel's foundries would be expected to compete more against companies like GlobalFoundries, TSMC, and Samsung. The expanded collaboration between the two tech companies helps give more confidence about Intel capturing the AI boom, Rasgon said.

Persons: —, Pat Gelsinger, Biden, Logan Purk, Edward Jones, Purk, Dan Morgan, There's, Intel's, Morgan, Lisa Su's, Stacy Rasgon, Rasgon Organizations: Service, Intel, Qualcomm, Wall Street, Amazon, Business, Biden Administration, Reuters, Samsung, Nvidia, AMD, Bernstein Research, Amazon Gelsinger, Amazon Web Services, Apple Locations: American, Synovus, Abu Dhabi

☆ Disney's plans to future-proof its TV business could help kill the cable bundle even faster than expected
▼ + stars: | 2024-09-20 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Discovery to form sports streaming service Venu, which promised to offer access to tons of live sports at less than half the cost of traditional cable bundles. Unlike ESPN+, this service will have all of ESPN's content, including Monday Night Football games and shows like "First Take." Disney is doing everything it can to make sure it's not in the same boat — hence its investments in projects like Venu and ESPN Flagship. Despite that drawback, Nollen is optimistic about ESPN Flagship. If ESPN Flagship hits those milestones, it can fully offset the losses from pay TV, which it will — ironically — be partially responsible for.

Persons: —, Venu, Tim Nollen, Nollen, Fubo, Venu Sports, Craig Moffett, Michael Nathanson, MoffettNathanson, Margaret Garnett, Garnett, It's, Peacock Organizations: Service, Disney, Media, Business, Netflix, Fox, Warner Bros, ESPN, Football, US, DirecTV, ESPN Flagship, Paramount, NBC, CBS Locations: skinnier

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