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☆ We're overhauling our Bullpen watchlist — 3 stocks are gone, the rest stick around
▼ + stars: | 2024-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City.

Persons: Jim Cramer, Jim, Brian Chesky, Trump, Marvell, Jim chalked, Matt Murphy's, we're, hasn't, Amgen's, it's, Jim Cramer's, Angela Weiss Organizations: Pepsico, RTX, Marvell Technology, Nvidia, AMD, Broadcom, Novartis, JPMorgan Healthcare, Dow Inc, Jim Cramer's Charitable, CNBC, New York Stock Exchange, AFP, Getty Locations: RTX, Russia, Ukraine, Swiss, China, New York City

☆ Latino mobile home park residents denounce conditions, allege discrimination
▼ + stars: | 2024-11-14 | by ( Albinson Linares | Albinson Linares Is A Reporter For Noticias Telemundo Based In Mexico City. | ) www.nbcnews.com time to read: +13 min

The sewage is exposed to the air and causes a lot of nausea and headaches,” said Veronica Isabel Dahlberg, executive director of HOLA Ohio, a nonprofit group assisting Latino state residents, which has advised mobile home park residents who sued. It is very expensive,” said Yvonne Maldonado, a co-director of Manufactured Housing Action, a nonprofit group that focuses on such communities. “We have recently seen private equity enter the manufactured housing market," PESP housing research coordinator Madeline Bankson said. During hurricanes, the National Weather Service has said, 72% of deaths occur in homes, and of those, 54% occur in mobile homes. She also urged mobile home park residents to organize their communities and if there are complaints, to do it as a group, which is more effective.

Persons: Mariano Jacobo Piñón, ”, Vicente Hernández, Ricardo Rodríguez, Veronica Isabel Dahlberg, Mariano Jacobo Piñón's, ” Rodríguez, Melissa Solomon, Jones, Patrick J, Condon, Yvonne Maldonado, Maldonado, Ana Eugenia Báez, Báez, Andrea Chiriboga, Flor, Ascentia, Marko Vukovich, ” Vukovich, Esther Sullivan, Eva Marie Uzcategui, Madeline Bankson, Fannie Mae, Freddie Mac, Jeanne Shaheen, Richard Blumenthal, John Fetterman, ” Shaheen, Banks, Juan Pablo Garnham, Garnham Organizations: Fairgrounds United, Perry Mobile Home, Noticias Telemundo, Jones Estates Fairgrounds, Jones Estates Perry LLC, Jones Estates, Department of Housing, Urban, Survey, Residents, People Center, Foxridge, Colorado Mobile, Private, University of Colorado, Home Parks, The Washington, Getty, Prosperity, Federal Housing Administration, “, Telemundo, Princeton, National Weather Service Locations: Lake County , Ohio, Mexico, Ohio, Hernández, Lake County, Mobile, U.S, New York, Colorado, Foxridge, Arapahoe County , Colorado, Denver, Sarasota , Fla, Sens

☆ OpenAI to present plans for U.S. AI strategy and an alliance to compete with China
▼ + stars: | 2024-11-13 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. In the document, OpenAI outlines a rosy future for AI, calling it "as foundational a technology as electricity, and promising similarly distributed access and benefits." Now that Donald Trump is President-elect, OpenAI has made clear its plans to work with the new administration on AI policy, and the company's Wednesday presentation outlines its plans. OpenAI's presentation outlines AI economic zones co-created by state and federal governments "to give states incentives to speed up permitting and approvals for AI infrastructure." The blueprints say, "The government can encourage private investors to fund high-cost energy infrastructure projects by committing to purchase energy and other means that lessen credit risk."

Persons: Sam Altman, Donald Trump, OpenAI, Trump, Biden's Organizations: CNBC, Washington , D.C, Defense Locations: Washington ,, American

☆ Inflation hit a bump in October after slowing for six straight months
▼ + stars: | 2024-11-13 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

Housing-related inflation accounted for half of the monthly rise, and energy prices were flat after dragging down the overall index for four of the past six months. The Consumer Price Index measures price changes across commonly purchased goods and services. Still, October’s increase was to be expected, due to unfavorable comparisons from a year ago and stubborn housing-related inflation. Consensus estimates were for a 0.2% monthly increase and a 2.6% annual increase in the overall CPI, according to FactSet. A potential ‘inflation shock’ in the wingsAlthough the broader US economy survived the sharpest inflation run-up seen in a generation, Americans’ finances — and their sentiment — were far from unscathed.

Persons: “, ” Stephen Juneau, Donald Trump, Larry Summers, Kate Bolduan, Trump’s, Lindsay Rosner, Jerome Powell Organizations: CNN, Bureau of Labor Statistics ., Bank of America, BLS, —, Trump, Biden, CNN News Central, Federal Reserve, Goldman Sachs Asset Management Locations: Ukraine

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ Russia's daily attacks on Ukraine have intensified by 10x, study finds
▼ + stars: | 2024-11-09 | by ( ) www.businessinsider.com time to read: +7 min

Russian missile and drone strikes are becoming more intense, a new study found. These attacks comprised 36 different models of missiles and drones, including Iskander ballistic missiles, Kh-59 cruise missiles and Iranian-made Shahed kamikaze drones. Related storiesNonetheless, there is a wide variation in the intensity of Russian strikes that seems to shift according to Moscow's priorities. "There were 17 days during the study period when missile launches exceeded 82 missiles in a single day," CSIS said. "Keeping this intercept rate high will require continued Western support for Ukraine," CSIS said.

Persons: —, shivering, Yasir Atalan, Atalan, Michael Peck Organizations: Russian, Service, Center for Strategic, International Studies, CSIS, Ukraine, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Washington, Ukrainian, Russian, Gaza, Iranian, Israel, Moscow, Kyiv, Iran, North Korea, China, United States, Forbes

☆ Hurricane Rafael moves across Gulf of Mexico as a rare major November storm while Cuba recovers
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +1 min

Rafael was moving west across the Gulf of Mexico Friday morning as the first major hurricane in the Gulf of Mexico in November for almost 40 years, bringing the threat of life-threatening conditions to the southern United States coastline. Forecasters said the storm could cause dangerous surf and rip-tides across the whole Gulf region in the coming days, after causing havoc in Cuba where millions are still without power. ET Rafael was 585 miles east of the mouth of the Rio Grande with sustained wind speeds of 120 mph, making it a Category 3 hurricane, moving west at a rate of 9 mph, the National Hurricane Center said. Rafael is now tied with Hurricane Kate in 1985 as the strongest storms recorded in the Gulf. The storm is expected to weaken throughout the weekend, but it could still produce tropical storm-force winds — which is between 39 and 73 mph — up to 115 miles from its center.

Persons: Rafael, Hurricane Kate, Miguel Díaz Organizations: National Hurricane Center Locations: Gulf, Mexico, Gulf of Mexico, United, Cuba, Rio

AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.

Persons: —, Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon

Hurricane Rafael has turned to the west after lashing Cuba where it knocked out the country’s electrical grid, leaving its 10 million residents in the dark. Rafael will continue to move away from western Cuba on Thursday and will weaken over the central Gulf of Mexico. “On the forecast track, Rafael is expected to move over the southern Gulf of Mexico for the next few days,” the National Hurricane Center said. A man walks through a darkened street due to a blackout after the pass of hurricane Rafael in Havana, on Wednesday. I hope all the power will be restored when the storm is over,” Havana resident Mabel Suarez told Reuters.

Persons: Rafael, Yamil Lage, Mabel Suarez Organizations: National Hurricane Center, Locals, Reuters, ”, The Associated Press Locations: Cuba, Cuban, Artemisa, Key West , Florida, Mexico, “, Havana, AFP, Florida, ” Havana

☆ What the world’s largest tech event told us about the innovations of tomorrow
▼ + stars: | 2024-11-07 | by ( ) edition.cnn.com time to read: +7 min

From AI healthcare solutions to groundbreaking mobility and cybersecurity tech, GITEX GLOBAL 2024 showcased innovations and industry shifts set to shape the future digital landscape. Hassan Alnaqbi, CEO of Khazna Data Centers, joins a panel discussion at GITEX GLOBAL 2024. Xpeng Aeroht's flying car prototype and Zapata's Airscooter on display at GITEX GLOBAL 2024. Confronting global challengesWith global cybercrime damage projected to hit $10.5 trillion annually by 2025, cybersecurity was a hot topic at GITEX GLOBAL 2024. Find out more about GITEX GLOBAL 2024 here.

Persons: GITEX, Hassan Alnaqbi, Denis Ledenkof, Robosculptor, ”, Shameer Khader, Salahaldeen AlMarzooqi, cybersecurity, Cybersecurity, Mohamed Al Kuwaiti, “, ” Todd Conklin, Siyuan Liu, Peng Xiao Organizations: Dubai World Trade, Khazna Data, GITEX, Oracle Health, Precision Medicine, Sanofi, Mobility, Transport Authority, Metro, Department, RTA, UAE Government, UAE, US Department of, Treasury, IoT, Strategy, Nissan Hyper Force Locations: cybersecurity, China

☆ Cuba's power grid collapses as Hurricane Rafael lashes the island
▼ + stars: | 2024-11-07 | by ( ) www.nbcnews.com time to read: +3 min

HAVANA — Cuba’s national electrical grid collapsed on Wednesday as Hurricane Rafael slammed into the island’s southwest shore, packing sustained winds of 115 mph and wreaking havoc on the already crisis-stricken country. The hurricane was churning about 60 miles west of Cuba’s capital Havana on Wednesday night, after lashing the capital city of nearly two million people with driving rain and violent wind gusts. The Miami-based National Hurricane Center warned of a “life-threatening storm surge, damaging hurricane-force winds and flash flooding” across much of western Cuba. Cuba’s state-run grid operator UNE said the high winds had caused the country’s electrical system to collapse. Forecasters predict Rafael will spin off towards the western Gulf of Mexico later this week, though the track remains uncertain, the hurricane center said.

Persons: Rafael, Havana’s Jose, Ydael Pérez Brito, Oscar, Adalbero Roque Organizations: Hurricane Center, Police, Havana’s Jose Marti International Airport, Pinar del, Farmers, Agriculture, Communist, Getty Locations: HAVANA, Cuba’s, Havana, Miami, Cuba, State, Varadero, Cayo Largo, Artemisa, Pinar del Rio, AFP, Venezuela, Russia, Mexico, Cayman Islands, Gulf

☆ How a former unhoused New Yorker helps combat food insecurity in his city
▼ + stars: | 2024-11-07 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

New York City is experiencing its highest level of homelessness since the Great Depression, according to the non-profit group Coalition for the Homeless. Another New York non-profit, City Harvest, says nearly 1.3 million residents are food insecure, including 1 in 4 children, in America’s most populous city. Is there anyone on this train who’s hungry?” Thomas bellows from the center of the car. But with the number of unhoused and hungry people in New York City only growing, the task often feels daunting. The food is saving someone’s lifelong term, but for him I was helping him live, right there on the spot.”Henry Thomas distributes food in the New York City subway.

Persons: Henry Thomas, Thomas, ”, “, “ I’m, ” Carl Thomas, Julian Rigg, Carl, Rolando “ Divine ” Farrow, Farrow, who’s, –, Eric Adams, Kathy Hochul, Hochul, Adams, ” Adams, Thomas isn’t, ” Thomas, Henry, Carl Thomas, ‘ I’ve, Joe, Thomas ’, “ I’ve, ” Henry Thomas, he’s, Kendrick Lamar, someone’s, Thomas peeks Organizations: New, New York CNN, CNN, Homeless, Coalition, Food, Therapeutic, Gov, Nutrition Assistance, Women, of Social Services, Prevention, West, Penn Locations: New York, Herald, Yorkers, . New York City, America’s, Greeley, Park, Staten, Staten Island, New York City, Harlem, Midtown Manhattan, Senegal

☆ Trump claims presidential win. Here is what he promised the crypto industry ahead of the election
▼ + stars: | 2024-11-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Former President Donald Trump arrives for his campaign rally at the Trump National Doral Golf Club in Doral, Florida, on July 9, 2024. Getting that money required him to make big promises pertaining to the crypto industry. "For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin," Trump said during his keynote speech. Trump pledged to maintain the current level of bitcoin holdings that the U.S. has amassed from seizing assets from financial criminals. "On day one, I will fire Gary Gensler," Trump said, referencing the Joe Biden-appointed SEC chairman who has taken an aggressive approach to crypto regulation.

Persons: Donald Trump, Joe Raedle, Elon Musk, Robert F, Kennedy, Jr, Cantor Fitzgerald, Howard Lutnick, Trump, MicroStrategy, Gary Gensler, Joe Biden, Gensler, Crypto, haven't, Sen, Elizabeth Warren, Bitcoin, Jerome Powell Organizations: Trump National Doral Golf Club, Getty, Republican, Strategic, White, U.S . Marshals Service, U.S . Securities, Exchange, SEC, Trump, Lago Club, Riot, Marathon Digital Holdings, Radical Communist, Federal Reserve Locations: Doral , Florida, Nashville, United States of America, Germany, America, Palm Beach , Florida, China, Russia, USA

Israeli Prime Minister Benjamin Netanyahu on Tuesday fired his defense minister, Yoav Gallant, a long rumored move that was announced on Election Day in the United States. Gallant will be replaced by Foreign Minister Israel Katz, Netanyahu said in a statement. “In the midst of a war, more than ever, full trust is required between the prime minister and the minister of defense,” Netanyahu said. Netanyahu's decision was welcomed by his ultranationalist National Security Minister Itamar Ben-Gvir, who congratulated the prime minister on the move. In a nationally televised statement in May, Gallant challenged Netanyahu over his refusal to discuss a cease-fire and hostage deal.

Persons: Benjamin Netanyahu, Yoav Gallant, Netanyahu, Gallant, Israel Katz, Gideon Saar, ” Netanyahu, “, ”, ” Yoav Gallant, Defense Lloyd Austin, Benny Gantz, Itamar Ben, Gvir, Ben, Israel, ” Gallant Organizations: Tuesday, Foreign, Anadolu Agency, Getty, U.S ., Defense, Hamas, Hezbollah, National Locations: United States, Gaza, Lebanon, Israel, Washington

☆ White supremacist planned to blow up electricity station using drone laden with explosives, U.S says
▼ + stars: | 2024-11-05 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +4 min

A white supremacist is accused of trying to destroy an electricity substation in Tennessee in an attempt to bring down the regional power network and disrupt American society, authorities said Monday. The theory was popularized by manifestos left by perpetrators in a number of high-profile neo-Nazi and white supremacist terrorist incidents, including the killing of 51 people at two mosques in Christchurch, New Zealand, in 2019. Philippi drove to an electricity substation, along with undercover FBI agents, to carry out reconnaissance, the bureau said. While driving, he ordered C-4 explosives from the undercover agents, and at a later date he bought black powder intended to be used in pipe bombs. Philippi was arrested on Nov. 2 by undercover agents acting as co-conspirators who had agreed to be lookouts.

Persons: Skyler Philippi, Philippi, Lisa Monaco, Christopher Wray, Odin, Adolf Hitler's Organizations: Justice Department, Justice, FBI, NBC News Locations: Tennessee, Columbia , Tennessee, Nashville, Christchurch , New Zealand, Columbia, Philippi

☆ Jim Cramer is encouraged by updates on 3 stocks that indicate further upside ahead
▼ + stars: | 2024-11-05 | 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. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. 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, Tuesday's, DuPont, Bernstein, Jim, Eaton, Tom Jorden, Jorden, Coterra, Donald Trump, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, DuPont, Club, Coterra Energy, Brands Locations: Eaton

☆ Here are Tuesday's biggest analyst calls: Apple, Microsoft, Palantir, Eli Lilly, Broadcom, Krispy Kreme, Live Nation & more
▼ + stars: | 2024-11-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Live Nation as overweight Morgan Stanley raised its price target on the stock to $140 per share from $120. Bank of America reiterates Apple as buy Bank of America says it sees "limited" impact to Apple earnings regardless of the Presidential outcome. Bank of America reiterates Palantir as buy The firm says Palantir is an AI "juggernaut" following earnings on Monday. Bank of America reiterates Arista Networks as buy Bank of America says it sees share gains ahead for the networking equipment company. Morgan Stanley reinstates Krispy Kreme as equal weight Morgan Stanley says Krispy Kreme has a balanced risk/reward right now.

Persons: Morgan Stanley, it's bullish, Eli Lilly, Palantir, Bernstein, Eaton, Deutsche, there's, Jefferies, Rick Dreiling, MTZ, Morgan Stanley reinstates Krispy, Krispy Kreme Organizations: Bank of America, Boeing, JPMorgan, RBC, Microsoft, " Bank of America, Broadcom, Apple, Republicans, Arista Networks, Arista, Meta, Deutsche Bank, eBay, Barclays, Energy, Infrastructure, Communications, Resources, IDA Locations: San Antonio, Redmond , WA

☆ Australia's central bank keeps rates unchanged at 4.35%
▼ + stars: | 2024-11-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Australia's central bank held its benchmark interest rate at 4.35% for the eighth meeting in a row, in line with expectations from economists polled by Reuters. The central bank expects that the headline rate will increase as these measures expire. The RBA instead pointed at the underlying inflation rate in Australia. The "trimmed mean" came in at 3.5% in the the September quarter, which was still "some way" from the 2.5% midpoint of the inflation target. Externally, the bank added that "heightened geopolitical risks and potential changes to trade and fiscal policies abroad add to this uncertainty."

Organizations: Reuters, Reserve Bank of Australia Locations: Australia

The head of Myanmar’s military government will pay an official visit this week to China, the embattled Southeast Asian nation’s most important international ally, for several regional meetings, state-run media reported on Monday, amid concern by the opposition. The visit comes as Myanmar’s army has suffered unprecedented battlefield defeats over the past year, especially in areas near the Chinese border. Myanmar’s pro-democracy opposition has expressed concern about China welcoming a visit by Min Aung Hlaing. It is Min Aung Hlaing and his group who are destroying these things,” Kyaw Zaw said. Myanmar’s army has been on the defensive since late last year when ethnic armed organizations dealt it major defeats in the country’s northeast.

Persons: Min Aung Hlaing, Aung, Suu Kyi, Myanmar’s, Min Aung, Chao, Kyaw Zaw, “, Aung Hlaing, ” Kyaw Zaw, Suu Organizations: Mekong Economic Cooperation, National Liberation Army, AFP, Getty Images, Association of Southeast Asian Nations, ASEAN, National Unity Government, Facebook, National League for Democracy, Brotherhood Alliance, ”, Myanmar National Democratic Alliance Army, Arakan Army Locations: China, Suu, Beijing, Myanmar, Kunming, Cambodia, Laos, Vietnam Cooperation, China’s Yunnan, ” China, Russia, Kyaukme, Getty Images Russia, Jakarta, Shan

He recently told the Wall Street Journal editorial board that Chinese President Xi Jinping respects him but also knows he’s “crazy” and wouldn’t provoke him. But Chinese officials might also see potential for Musk to be a mitigating influence on issues such as tariffs. Like other American business leaders, Musk has met with senior Chinese officials as Beijing courts international companies. AP fileIf Chinese officials receive Musk almost like a world leader, the Chinese public treats him like a rock star. Chinese officials have not been shy about making the connection between what Musk says and where he makes his money.

Persons: Donald Trump, Elon Musk, Jia Qingguo, Trump, ” Jia, Xi Jinping, he’s, ” Trump, Joe Biden’s, “, they’re, ”, Kelly Grieco, Musk, Li Qiang, Qin Gang, ” Grieco, Jennifer Lian, Henry Kissinger, Ian Bremmer, Tesla, Kuan, “ He’s, ” Tesla, Li Keqiang, Li, ” Musk, Grieco, didn’t, Xi, Qin, Hsiao, Kamala Harris, Janis Mackey Frayer, Jennifer Jett Organizations: SHANGHAI, Trump, Peking University, NBC News, Wall Street, Stimson, Qin, Weibo, Communist Party ., Eurasia Group, SpaceX, Shanghai Gigafactory, Getty, U.S, Shanghai, NBC, Global Times, Financial Times, Beijing, Washington, U.S ., Democratic Locations: China, Beijing, Musk, Washington, U.S, United States, York, Shanghai, Chinese, Jiangsu, Xinjiang, Taiwan, Hong Kong, Starlink, Ukraine, Russian, British, European

☆ From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
▼ + stars: | 2024-11-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.

Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum

☆ How F1 can help engineer the world's net-zero future
▼ + stars: | 2024-11-04 | by ( Chris Hawes | ) www.cnbc.com time to read: +4 min

F1 produced 223,031 metric tons of carbon dioxide equivalent in 2022, with almost 75% coming from travel and shipping. Unlike soccer, which produces more than 30 million metric tons per year by some estimates, F1 has the engineering capabilities to provide solutions. As reported in April, these goals are difficult to square with F1's decision to increase the number of races in its calendar. The final pedal F1 can push is energy efficiency, and teams are already looking for ways to transfer learnings from the track to their infrastructure. "We want to take that approach ... and apply it to the building and infrastructure side of the campus as well."

Persons: Sustainability Kim Wilson, Pat Symonds, We've, Ellen Jones, we've, Sustainability Adam Sammons, Red Bull Organizations: Health Service, McLaren, Sustainability, CNBC, Formula One, EU, petro

☆ Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
▼ + stars: | 2024-11-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Technology companies' push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. Constellation Energy and Vistra Corp. tumbled nearly 8% and more than 3%, respectively, in sympathy. The Amazon data center campus can still use 300 megawatts of power from the Susquehanna nuclear plant, according to Talen. The FERC decision does not impact Constellation's plans to restart the Three Mile Island nuclear plant in 2028 through a power purchase agreement with Microsoft . Tech companies are increasingly turning to nuclear power because it is reliable and does not emit carbon dioxide emissions.

Persons: Vistra, Talen, Mark Christie Organizations: Federal Energy Regulatory Commission, Susquehanna, Independent, Talen Energy, Amazon, Constellation Energy, Vistra Corp, Microsoft, Tech, Nvidia, Constellation Locations: Pennsylvania, Susquehanna, Ohio, New Jersey, Talen

CNN —More severe weather is expected in the South and the Southern Plains Monday, including in Oklahoma, where residents are surveying the destruction from tornado-spawning storms that injured at least 11 people and leveled homes over the weekend. Tornado sirens rang out Monday morning in Oklahoma City, where residents are still surrounded by the destruction and debris caused by the weekend’s severe storms, after the National Weather Service issued a tornado warning. There were no confirmed tornadoes or reports of damage from Monday morning’s storms. A level 2 of 5 threat of severe thunderstorms spans from central and eastern Texas to the Illinois-Missouri border – including Dallas, threatening damaging wind gusts, large hail and tornadoes, according to the SPC. Nearly 40 structures were destroyed in the Oklahoma City area, the Oklahoma City Fire Department said in a Facebook post.

Persons: OCFD, Katie Anderson, ” Anderson, ” Thomas Shaver, KOKH, Shaver, –, we’re, ”, Kevin Stitt, Stitt, “ We’ll, PowerOutage.US Organizations: CNN, Plains, National Weather Service, Oklahoma, SPC, Tornadoes, Oklahoma City Fire Department, KOKH, Oklahoma City, Oklahoma Gov, Harrah Locations: Oklahoma, Oklahoma City, Texas, Arkansas, Missouri, Illinois, Dallas, Gulf of Mexico, Kansas, “, Cleveland

☆ My wife and I inherited $250,000 and bought a camper to travel the country. I have no regrets about how we spent the money.
▼ + stars: | 2024-11-04 | by ( Chris Mott | ) www.businessinsider.com time to read: +6 min

Chris Mott and his wife used their $250,000 inheritance to buy a truck and trailer for travel. She died the way she lived, surrounded by family, in the house where she had spent nearly 60 years. After selling costs and legal fees, my wife and I received $250,000 in December 2022. AdvertisementThough Nana had never specified how we spent the money, we felt a need to be thoughtful. When Nana received her inheritance, she used it wisely.

Persons: Chris Mott, —, Nana, we've, haven't, Lauryn Haas Organizations: Service, Disney, lhaas Locations: Washington, Southern California, Vancouver , Washington, Anaheim, , Texas, West , Florida

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