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☆ Here's why Americans are obsessed with iced coffee
▼ + stars: | 2024-11-15 | by ( Ryan Baker | ) www.cnbc.com time to read: +3 min

In 2023, Americans spent about $17.7 billion on out-of-home cold coffee including iced coffee, cold brew and frozen coffee drinks. Giants like Starbucks have played a major role in iced drinks taking share from more traditional hot coffee. 45% of coffee drinkers ages 18 to 24 said they had a cold coffee in the past day according to a survey conducted in July 2024 by the National Coffee Association. Cold coffee drinks are highly customizable, with syrups, toppings and cold foam incorporated into many of the popular offerings at major coffeehouse chains. Watch the video to learn more about why cold coffee has taken off in the United States.

Persons: Matthew Barry, Kelsey Olsen, Olsen, Dunkin, Barry, David Henkes Organizations: Giants, Starbucks, Euromonitor, National Coffee Association, Mintel's, Bros, CNBC Locations: U.S, Mintel's U.S, Technomic, United States

☆ Rare gladiator-shaped knife handle gives insight into Roman celebrity culture
▼ + stars: | 2024-11-15 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

CNN —A rare knife handle in the shape of a gladiator has been discovered at Hadrian’s Wall in the north of England, shining a new light on the celebrity status of the ancient Roman combatants. The secutor gladiator depicted on the knife handle wears a helmet, holds a big shield and has his left hand out, which would have been holding a sword. The knife handle was discovered in a river at Corbridge Roman Town on Hadrian’s Wall in Northumberland, England. The 2,000-year-old knife handle was found in the Tyne River at Corbridge Roman Town on Hadrian’s Wall, a defensive barrier built by the occupying Romans in northeast England. “This beautifully made knife handle is a testament to how pervasive this celebrity culture was, reaching all the way to Hadrian’s Wall at the very edge of the Roman Empire,” she added.

Persons: ”, ” Frances McIntosh, ” McIntosh, McIntosh, ” “, “, Ridley Scott’s Organizations: CNN, Heritage, East, English Heritage Locations: England, Rome, Corbridge, Hadrian’s, Northumberland, Tyne, Britain, Roman, United States

☆ Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
▼ + stars: | 2024-11-14 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Analysts responded positively to the news, pointing to a potential "turning point" for the embattled brand. The plans were delivered alongside Burberry's 2024 interim results, which saw sales fall 20% for the second consecutive quarter. A 'turning point' for embattled BurberryThe underperformance comes amid a wider slowdown in the luxury sector, with the personal luxury goods market set to contract 2% this year. Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, described it as a "turning point in what has been a very difficult period." Pedestrians walk past the window display of the store of British fashion label Burberry, in central London, on September 2, 2024.

Persons: Kevin Lee, Schulman, Joshua Schulman, Michael Kors, Burberry, Burberry Schulman, Burberry's, Piral Dadhania, Dadhania, Mamta, Cheviot, Henry Nicholls Organizations: Getty, Burberry, RBC Capital Markets, Afp Locations: Shanghai, London

☆ Smart ring leader Oura plans international push as CEO touts new features and thinking on hardware
▼ + stars: | 2024-11-14 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

The Oura Ring 4 Courtesy: OuraLISBON — Samsung's foray into smart rings isn't concerning the boss of the product category's pioneer, Oura — in fact, Tom Hale says he's seeing a boost in business. Oura's flagship product is the Oura Ring 4, a device known as a smart ring. Founded in Finland in 2013, the company has been called a pioneer by analysts in the smart ring space. CCS Insight forecasts Oura will end the year with a 49% market share in smart rings. New hardware and AIWhile Oura only sells rings currently, Hale sees the company developing new products in the future.

Persons: Oura, Tom Hale, Hale Organizations: CNBC, Web, CCS, Samsung, U.S . Food, Drug Administration, Apple, International Locations: LISBON, Lisbon, Finland, U.S

☆ I stayed in a 540-square-foot luxury tent at the edge of Africa's Serengeti National Park. The lodge was stunning, but the safari perks were the real highlight.
▼ + stars: | 2024-11-14 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

At the edge of Serengeti National Park sits TAASA, a luxury safari lodge. The lodge sits near three ecosystems: the Serengeti National Park, the Maasai Mara National Reserve, and the Ngorongoro Conservation Area. A pair of zebras and a lion in the Serengeti National Park in Tanzania. In Serengeti National Park, night game drives aren't permitted. I whispered the words to myself on game drives and woke up to the lyrics in my mind some mornings.

Persons: —, Jambo, Habari, Mzuri sana, TAASA's, May Simon, Simon, TAASA, Monica Humphries, Mikindo, Logolie Milya, Sam, Milya Organizations: Service, Toyota, Cruiser, Business, Mara, Reserve, Rovers Locations: TAASA, Tanzania's Lobo, Lodge, Ngorongoro, Tanzania, Ololosokwan

☆ Italian city Florence bans key boxes and tour guide loudspeakers to tackle overtourism
▼ + stars: | 2024-11-13 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +4 min

Rome CNN —The historic Italian city of Florence is taking steps to cut overtourism, introducing measures including a ban on key boxes used by short-term rental landlords and tour guide loudspeakers, amid complaints that a surge in visitors has become unsustainable. The decree also bans the use of amplifiers and loudspeakers for tour guides. Tourists behaving badlyAuthorities in Florence say the city has attracted 7.8 million visitors so far in 2024. It says more than 7.8 million people have visited Florence in the first nine months of 2024. In January, the head of the Galleria dell’Accademia museum called the city a “prostitute” that had succumbed to overtourism.

Persons: Sarah Funaro, Botticelli, Michelangelo, Giotto, Brunelleschi, Ivan Romano, Florence’s, Florence, Bacchus, ”, ” Cecilie Hollberg, Trevi, Daniela Santanche, “ Organizations: Rome CNN, city’s UNESCO, CNN, Italy’s Locations: Rome, Italian, Florence, Tuscany, Italy, Venice

☆ Top 3 regrets people have on their deathbeds: What they can teach us about living meaningfully, from a hospice nurse
▼ + stars: | 2024-11-12 | by ( Alex Koller | ) www.cnbc.com time to read: +2 min

As a hospice nurse, Julie McFadden spends her days caring for people near the ends of their lives. Specifically, McFadden says she hears these three regrets most often from her hospice patients:They wish they'd appreciated their health when they had it. "Not living the life they wanted, but living the life people around them wanted." On TikTok, where she's known as "hospice nurse Julie," her videos about the science of dying and her medical care experiences have an audience of 1.6 million followers. Just because we talk about something we fear doesn't mean the fear is going to get bigger — in fact, it usually diminishes it."

Persons: Julie McFadden, they're, " McFadden, McFadden, hadn't, aren't, who's, Julie Organizations: CNBC

Olivia Nuzzi has withdrawn her protective order request against her ex-fiancé Ryan Lizza. AdvertisementOlivia Nuzzi, the former New York magazine political correspondent who made headlines earlier this year for having a personal relationship with Robert F. Kennedy Jr., has withdrawn her request for a protective order against her ex-fiancé, fellow journalist Ryan Lizza. In an October petition for a civil protection order, Nuzzi accused Lizza, a Politico reporter, of hacking her devices and stealing information to blackmail her. Related Video Jury finds Trump sexually abused and defamed E. Jean CarrollAn attorney for Nuzzi confirmed to Business Insider that she withdrew the protective order request. Following a third-party investigation into Nuzzi's work, New York magazine said the probe found no inaccuracies or evidence of bias in her reporting.

Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Lizza, —, Robert F, Kennedy Jr, Ryan Lizza, Trump, Jean Carroll, Ari Wilkenfeld, Olivia, I'm, Oliver Darcy, Kennedy Organizations: RFK, Service, New, Politico, Business, BI, New York Magazine Locations: New York

☆ I've been on 105-day cruises, but this 13-day one was the toughest. Its itinerary had a major flaw I'll avoid on future trips.
▼ + stars: | 2024-11-12 | by ( Lauren Mack | ) www.businessinsider.com time to read: +5 min

After 25+ cruises, I say the best cadence of busy port days to relaxing sea days is a ratio of 2:1. Ultimately, I think adding one or two sea days to the itinerary would've improved the experience and given me space to relax. AdvertisementPlus, multiple sea days in a row can provide beginner or first-time cruisers insight into whether they like them. This can be useful to anyone contemplating trans-Atlantic and trans-Pacific crossings that can have seven or more sea days in a row. For me, after going on more than 25 cruises — including a 105-day sailing — I've found the best cadence of busy port days to relaxing sea days is a ratio of 2:1.

Persons: —, I've, Lauren Mack, I'm, I'd, isn't Organizations: Service, Norwegian Cruise Locations: Norwegian, Asia, Keelung, Taiwan, Philippines, Malaysia, Brunei

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Kissinger was deeply respected in China and continued to meet with its leaders as an unofficial diplomat in efforts to promote warmer relations between the two countries. Just months before Kissinger died in November 2023, he met with Chinese President Xi Jinping in Beijing in July 2023. They may not reach the same impact as Kissinger, given the more complex period, he said, though they could help stabilize relations. Cook and Schwarzman also regularly visit leaders in China, where they are often highlighted by Beijing as examples of positive China-U.S. business and trade relations.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Elon, Kissinger, Scott Kennedy, Henry Kissinger, Xi Jinping, Tesla, Li Qiang, Wang Yiwei, Wang, Musk's, Musk, Joe Biden, Biden, Trump, Wang Huiyao, Tim Cook, Blackstone, Stephen Schwarzman, Cook, Schwarzman, Dewardric Organizations: Getty, White, Economics, Center for Strategic, International Studies, U.S, SpaceX, Renmin University, CNBC, Trump, Center for, Longview Global Locations: Butler , Pennsylvania, Beijing, China, Washington, imploding, U.S, Center for China, Dewardric McNeal

☆ Voyager 2’s defining Uranus flyby may have been skewed by a rare cosmic event
▼ + stars: | 2024-11-11 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Magnetospheres are the protective bubbles around planets like Earth that have magnetic cores and magnetic fields, and they are driven by the planet’s magnetic field. Voyager 2’s data showed that Uranus’ magnetosphere was home to unexpectedly powerful electron radiation belts. Voyager 2’s observations of Uranus’ magnetosphere defied the way astronomers understand how magnetic fields trap energetic particles and their radiation. The first panel (left) of this artist's concept depicts how Uranus' protective magnetosphere behaved prior to Voyager 2's flyby. Fortunately, sending a dedicated mission to study Uranus in the future has become a priority for NASA, according to a report released in 2022.

Persons: ”, Jamie Jasinski, ” Jasinski, It’s, Linda Spilker, Spilker, ” Spilker, James Webb Organizations: CNN, Jet Propulsion Laboratory, NASA, JPL, Caltech, Orbiter, Probe Locations: Pasadena , California

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ The 2 things that will drive the stock market after last week's Trump-Fed rally
▼ + stars: | 2024-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stock Chart Icon Stock chart icon Performance since Nov. 1 closeThe stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow , the S&P 500 and the Nasdaq to all-time highs. For the week, consumer discretionary, energy, industrials, financials, and information technology were the top five sectors. Only time will tell how the balance of power will play out and whether it's good or bad for the stock market. Barring anything catastrophic, President Joe Biden and Vice President Harris will hand Trump the baton of a healthy economy with moderating inflation and a strong stock market. Stock Chart Icon Stock chart icon Disney YTDDisney reports before the bell Thursday, and its experiences business will be in focus as it has softened recently due to the recent hurricane activity that forced closures at Florida theme park locations and inflation-weary consumers.

Persons: Donald Trump, Jerome Powell, Drew Angerer, Republican Donald Trump's, Kamala Harris, Dow, Jim Cramer, Wells Fargo Morgan Stanley, Trump, Joe Biden, Harris, FactSet, Helene, Milton, we're, Disney's, Tyson, JD.com Organizations: Federal, White House, Republican, Dow, Nasdaq, Staples, Honeywell, White, Capitol, Republicans, NBC News, Trump, Depot, Disney, CPI, PPI, Home Depot, Summer, IAC, Hertz, Tyson Foods, TSN, AstraZeneca, Occidental Petroleum, Rocket Companies, Cisco, Parts Locations: Washington ,, financials, Washington, inflect, Florida, Paris

☆ Young people love Carnival's cruises — I sailed on its newest ship and saw why
▼ + stars: | 2024-11-09 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Most of Carnival Cruise Line's guests are millennials amid a push for new and younger customers. AdvertisementWhen you go on a Carnival cruise, you're more likely to see your millennial coworker than your older next-door neighbor. Forget all preconceived notions you might have about the age of cruise fans (no, they're not all retirees). That's five years younger than the average age of cruisers across the industry, according to trade group Cruise Lines International Association. One look at its newest ship, the six-month-old Carnival Firenze, might explain why the cruise line is excelling with millennials.

Persons: Cruise, —, Josh Weinstein, David Bernstein Organizations: Service, Carnival Corp, Cruise Lines International Association

☆ Camilla makes it her mission to end domestic violence
▼ + stars: | 2024-11-08 | by ( Kathy Rose Obrien | Kathy Rose O'Brien | ) edition.cnn.com time to read: +4 min

A list of resources for domestic violence victims follows this article. CNN —Queen Camilla has teamed up with an all-female production crew in a powerful new documentary, airing next week, in which she vows to eradicate domestic abuse. The film’s campaigners highlight the role that coercive control plays in domestic abuse, with perpetrators not necessarily targeting the obviously vulnerable. For Camilla, she accepts that there has been progress but insists that there is still a lot of work to be done to eradicate domestic abuse. Getting help around the worldIf you or someone you know is being affected by domestic violence, a worldwide list of directories is provided by UN Women.

Persons: Camilla, Miss England, Queen Camilla, Rehema Muthamia, Emma Armstrong, Alice Liveing, Sharon Baker, Chris Jackson, Baker, –, ” Baker, ” Organizations: CNN’s Royal, CNN, Avon and Somerset Police, ITV1, UN Locations: Miss, England, Wales, Avon

The chart below shows the difference between Trump’s vote percentage in 2020 and his percentage in 2024 in Pennsylvania precincts. Dots above the dotted black line are precincts where Trump out-performed his vote percentage four years ago. Most precincts in Pennsylvania shifted toward Trump, with the biggest shifts coming in areas where he won 20% to 30% of the vote in 2020. While Harris and Biden both won this region comfortably, Harris’ vote margin was nearly 120,000 votes smaller than Biden’s. The map on the left shows Philadelphia precincts according to who won that precinct.

Persons: Donald Trump’s, Trump, Trump’s overperformance, Harris, Harris ’, Biden Organizations: NBC, Republicans, Democrats, Trump Locations: Pennsylvania, Trump, Philadelphia, Harris, That’s, Center City

☆ US Army Rangers have been training for a different kind of fight: neutralizing enemy underground nuclear facilities
▼ + stars: | 2024-11-07 | by ( ) www.businessinsider.com time to read: +6 min

US Army Rangers and Nuclear Disablement Teams trained this summer to neutralize enemy nuclear sites. The Army's Delta Force was primarily tasked with finding ways to penetrate highly guarded nuclear facilities and neutralize nuclear warheads. Advertisement"The Unit [Delta Force] has been involved with the mission set. A new kind of mission for the RangersThe 75th Ranger Regiment is the world's premier light infantry, special operations unit. AdvertisementToday, the 75th Ranger Regiment is a vastly different organization than it was 20 or 30 years ago.

Persons: —, Daniel R, Hernandez, Aaron J, Heffelfinger Organizations: US Army Rangers, Nuclear Disablement, Rangers, Service, 75th Ranger, Operations Command, Army's Delta Force, Delta Force, Business, Army Special Forces, Department of Defense, Nuclear Disablement Team, US Army, Army, Green Berets, 7th Special Forces Group, Hernandez Military, 75th Ranger Regiment Locations: China, Iran, North Korea, Russia, Mogadishu, Somalia, Iraq, Afghanistan

☆ The Federal Reserve gives Americans another interest-rate cut
▼ + stars: | 2024-11-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The Federal Reserve cut interest rates by 25 basis points on Thursday. AdvertisementAnother interest-rate cut is headed Americans' way. On Thursday, the Federal Open Market Committee announced a 25-basis-point interest-rate cut after a 50-basis-point cut in September. AdvertisementGiven the lag in monetary policy, the interest-rate cuts won't give Americans immediate relief on their credit cards, housing, or car loans. Still, some Democratic lawmakers urged the Fed to implement another 50-basis-point cut to give Americans more financial relief.

Persons: —, Donald Trump, Trump, Matthew Ryan, Jerome Powell, Milton, Helene —, Elizabeth Warren, John Hickenlooper, Powell Organizations: Reserve, Service, Federal, Market, Trump, Boeing, Fed Locations: Sens

☆ Get ready for inflation and interest rates to rise again
▼ + stars: | 2024-11-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Federal Reserve would likely respond to inflation by raising interest rates to curb demand. In an economic chain reaction, households would then pay higher interest rates on borrowing of all kinds as the Fed moves to tame that newly rekindled inflation. That led to the 30-year fixed mortgage rate rising, meaning homebuyers are on track to see higher interest rates on loans. An analysis by the nonpartisan Tax Policy Center found that Trump's policies would decrease posttax incomes by an average of $1,800 in 2025. Trump's win is also expected to influence the Federal Reserve's upcoming decisions on interest rates.

Persons: Donald Trump, —, Trump, Ramping, Trump's, it's, Jerome Powell, Joseph Stiglitz Organizations: Federal, Service, Biden, US Census Bureau, Trump, Peterson, Center, American Progress, Tax Foundation, Fed Locations: China

Now, Stevenson is a published author and teaches economics through his YouTube channel, Garyseconomics. He discusses his time in Basic Underwater Demolition/SEAL training, or BUD/S, and how he was recruited. After seeing combat in Afghanistan, Iraq, and Haiti, Ryan left the Navy and worked as a contractor for the CIA. He discusses work as a spy and CIA protocol. Kenneth Valentine served as a special agent in the US Secret Service for 24 years and protected three sitting presidents, Bill Clinton, George W. Bush, and Barack Obama.

Persons: Gary Stevenson, Stevenson, Shawn Ryan, Ryan, Shawn Ryan Show, Andrew Bustamante, Bustamante, Maven Huffman, Huffman, Vince McMahon, Kenneth Valentine, Bill Clinton, George W, Bush, Barack Obama, Valentine, Donald Trump, he's, Mike Chioda's, Gary Stevenson's, Shawn Ryan https Organizations: Citibank, Business, YouTube, Navy, CIA, Central Intelligence Agency, Peace Corps, Air Force, WWE, Service, BI Locations: London, Tokyo, Canary Wharf, Afghanistan, Iraq, Haiti

☆ Americans are probably getting another interest rate cut 2 days after the election
▼ + stars: | 2024-11-06 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

The Federal Reserve is expected to cut interest rates by 25 basis points on Thursday. It follows a 50-basis-point rate cut in September — the first cut in four years. CME FedWatch, which forecasts interest rate changes based on market predictions, estimated an all-but-certain 25 basis point cut as of Wednesday afternoon. "Borrowers should understand that 'falling interest rates' are not the same as 'low interest rates,'" Greg McBride, Bankrate's chief financial analyst, said in a commentary. AdvertisementWhat are your financial plans if the Fed makes another rate cut?

Persons: —, Donald Trump, Trump, Jerome Powell, Powell, Helene, Milton, Cory Stahle, Julia Pollak, Greg McBride Organizations: Federal, Service, FedWatch, Boeing, BLS, Federal Reserve, PCE, Fed, asheffey

☆ A free AI tool can help you apply to hundreds of jobs per day. Users said there are risks, but they're worth it.
▼ + stars: | 2024-11-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

An AI tool called AIHawk is helping some job seekers apply for hundreds of jobs a day on LinkedIn. Some users told BI the program added false information into their resumesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA new AI tool released in August is helping some people quickly apply for roles on LinkedIn. Related Video "We've been using AI all along." AdvertisementAIHawk is free but users found problemsAIHawk is one of many AI job application tools on the market.

Persons: —, Federico Elia, AIHawk, Elia, who's, they've, There's, Anthony Ettinger, Ettinger, he's, Roth, Uber, hasn't, he'll, Tommi hasn't, Alexander Alonso, Alonso, Github — Elia, Guilherme, I've Organizations: LinkedIn, Service, Roth IRA, BI, Society for Human Resource Management Locations: Italy, Silicon Valley, Mexico City, Brazil

☆ British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
▼ + stars: | 2024-11-05 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

LONDON British telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt a series of proposed remedies to clear competition concerns, regulators said Tuesday. Vodafone has previously said that the combined entity, once merged, would invest £11 billion ($14.46 billion) into U.K. telecommunications infrastructure. Vodafone has also said it disagrees with earlier findings from the CMA that the merger would lead to price increases for consumers. It says the merger wouldn't pricing strategy and would enhance competition between mobile virtual network operators, or MVNOs. "Approval would mark one of the most significant developments in the history of UK mobile, heralding the arrival of a new market leader with over 29 million customers," Manning said in emailed comments.

Persons: Margherita Della Valle, Three's, Stuart McIntosh, McIntosh, CK Hutchison, Kester Manning, Manning Organizations: Vodafone, LONDON, Markets Authority, Ofcom, CMA, CNBC, 5G, Sky Mobile, Mobile, CK, CK Hutchison, EE, BT, O2, Telefonica, Liberty Global, CCS Insight Locations: London, British, Hong Kong

☆ China is boosting market sentiment by playing up hopes for stimulus
▼ + stars: | 2024-11-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Chinese Premier Li Qiang spurred market expectations for more stimulus in a speech. China's services activity and business confidence rose in October, boosting market sentiment. Beijing is monitoring the US presidential election and may adjust its fiscal stimulus based on its outcome. He also drummed up market expectations for more economic stimulus, saying Beijing has "ample space for fiscal policy and monetary policy." AdvertisementBeijing is likely to roll out a bigger stimulus to buffer market volatility if Republican candidate Donald Trump wins, Varathan wrote.

Persons: Li Qiang, —, Li's, Wang Zhe, Wang, Hong, Harris, Vishnu, Mizuho Bank's, Donald Trump, Varathan Organizations: Service, P Global, Protesters, Caixin Insight, Deutsche Bank, PMI, National People's Congress, Trump Presidency, Reuters Locations: Beijing, China, Asia, Japan

☆ 3 new risks that Apple warned about in its annual report
▼ + stars: | 2024-11-05 | by ( Jaures Yip | Jordan Hart | ) www.businessinsider.com time to read: +5 min

The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features. AdvertisementApple's latest annual report offers insight into what the tech giant views as potential risks to its business. This year, new mentions included the risks associated with the financial performance of future profits, "geopolitical tensions," and safety risks associated with AI features. The tech giant is now betting that Apple Intelligence features will drive upgrades. Apple has been slower to integrate generative AI features into its products than rivals, but the first of its Apple Intelligence features rolled out on October 28.

Persons: —, Apple, William Kerwin, shouldn't, Dipanjan Chatterjee, Chatterjee, ChatGPT, Ray Organizations: Apple, Service, SEC, Apple Intelligence, BI, Tech

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