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☆ $20,000 repair bills and other hidden costs that could sneak up on EV buyers
▼ + stars: | 2023-10-21 | by ( Cork Gaines | ) www.businessinsider.com time to read: +7 min

The switch to electric vehicles is still hampered by the high cost compared to gas cars. The higher upfront costs don't consider several less obvious costs that can hit after buying an EV. AdvertisementAdvertisementThose premiums are driven by higher repair costs. According to Mitchell, a collision repair software company, the average repair cost for a non-Tesla EV is $269 higher than the average for all vehicles. If people interested in used EVs are worried about replacing an expensive battery, the resale value will take a big hit.

Persons: —, Johnny Bacigalupo, Sandy Munro, Bankrate, Mitchell, Mark Matousek, Kevin Tynan, Davis, Power Organizations: Service, Edinburgh, EV, Washington Post, Insurance, Anderson Economic Group, Ford, Bloomberg, Toyota, University of California Locations: Scotland, skyrocket, Canada, Edmunds

☆ CNBC Pro Talks: Munro Partners’ Nick Griffin discusses AI, tech and stocks to short
▼ + stars: | 2023-10-19 | 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 EmailCNBC Pro Talks: Munro Partners’ Nick Griffin discusses AI, tech and stocks to shortArtificial intelligence stocks have been on a tear this year, but is it too late to invest? CNBC’s Will Koulouris spoke to Nick Griffin, chief investment officer of Munro Partners, on the AI theme, Big Tech, the weight-loss drug sector and more.

Persons: Munro, Nick Griffin, Will Koulouris Organizations: Munro Partners, Big Tech

☆ Doubts abound about a new Alzheimer’s blood test
▼ + stars: | 2023-10-18 | by ( Judith Graham | ) edition.cnn.com time to read: +10 min

The Quest Diagnostics blood test, AD-Detect, measures elevated levels of amyloid-beta proteins, a signature characteristic of Alzheimer’s. But Alzheimer’s researchers and clinicians aren’t convinced the Quest test is backed by sound scientific research. Though blood tests for Alzheimer’s are likely to become common in the years ahead, the Alzheimer’s Association said it’s premature to offer a test of this kind directly to consumers. Because the science behind blood tests for Alzheimer’s is still developing and because “patients may not really understand the uncertainty of test results,” Edelmayer said, the Alzheimer’s Association “does not endorse the use of the AD-Detect test by consumers.”Quest’s blood test is one of several developments altering the landscape of Alzheimer’s care in the United States. The bottom line: Before taking a test, “older adults need to ask themselves, ‘Why do I want to know this?

Persons: aren’t, Alzheimer’s, Michael Racke, ”, there’s, Suzanne Schindler, St . Louis, That’s, ” Schindler, Racke, Meera Sheffrin, —, Rebecca Edelmayer, ” Edelmayer, Eric Widera, Dr, Sanjay Gupta, Emily Largent, ’ ”, Munro Cullum Organizations: Health, Diagnostics, Alzheimer’s Association, Quest, University of Michigan, International Conference, Washington University School of Medicine, Senior, Stanford Healthcare, The University of Michigan, FDA, National Institute, Aging, University of California, Get CNN, CNN Health, University, Pennsylvania’s Perelman, of Medicine, HIPAA, University of Texas Southwestern Medical Center, Kaiser Health, KFF Locations: U.S, San Diego, St ., United States, San Francisco

☆ CNBC Pro Talks: Munro Partners' Nick Griffin to discuss AI, Big Tech and stocks to short
▼ + stars: | 2023-10-17 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

Join CNBC's Will Koulouris as he quizzes Nick Griffin, chief investment officer of Munro Partners, on the AI theme, Big Tech, and how to play stocks such as Nvidia and Microsoft . Munro Partners, with $4.3 billion Australian dollars under management, is focused on global growth stocks. The Munro Global Growth Fund's top five holdings are Alphabet , Amazon , Nvidia , Visa and Microsoft . The firm has another growth-focused fund, the Munro Concentrated Global Growth Fund, with a return of 12% per annum since its inception in 2019. He has been with Munro Partners since 2016 and before that was head of international equities at K2 Asset Management and was also at Deutsche Bank.

Persons: Koulouris, Nick Griffin, Munro, Griffin, Eli Lilly Organizations: Munro Partners, Big Tech, Nvidia, Microsoft, Global, Novo Nordisk, Visa, Samsung SDI, Asset Management, Deutsche Bank Locations: U.S

If left untreated in the long term, iron deficiency can deplete healthy red blood cells in the body, causing anemia. During pregnancy, iron deficiency and anemia can have an adverse effect on the mother and the fetus. In annual checkups, most doctors will test only for hemoglobin levels, he said, but that is an indicator of anemia, not iron deficiency. Getting your ferritin levels tested is usually covered by insurance, he added. “It’s not some fancy test.”For women who are not pregnant, ferritin levels should be at least 15 micrograms per liter, and hemoglobin levels at least 12 grams per deciliter, according to the World Health Organization.

Persons: Malcolm Munro, “ It’s Organizations: David Geffen School of Medicine, University of California, World Health Organization Locations: United States, Los Angeles

☆ More Than a Third of Women Under 50 Are Iron-Deficient
▼ + stars: | 2023-10-17 | by ( Alisha Haridasani Gupta | More About Alisha Haridasani Gupta | ) www.nytimes.com time to read: +2 min

If the body uses up its stores, iron deficiency can lead to a reduction in hemoglobin and the number of healthy red blood cells, called anemia. So someone with normal hemoglobin levels might still have low levels of iron, Dr. Munro said. There are other forms of anemia, including inherited red blood cell disorders like sickle cell disease, but anemia caused by iron deficiency is the most common type in the U.S. During pregnancy, when the demand for iron in the mother, the placenta and the growing fetus increases, so too does the risk that iron deficiency turns into anemia. Complicating matters, there is debate among medical institutions about what is considered a healthy amount of iron in the blood.

Persons: Munro, Angela Weyand, Michael Georgieff, Weyand Organizations: U.S, University of Michigan Medical, Masonic Institute, University of Minnesota, World Health Organization

☆ Tesla Cybertruck prototypes appear to have fit and finish issues — but an expert says not to worry
▼ + stars: | 2023-10-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +6 min

Some people have called out potential fit and finish issues with a Tesla Cybertruck prototype. Auto expert Sandy Munro said it's misleading to judge a vehicle's fit and finish off a prototype. AdvertisementAdvertisementProspective Tesla Cybertruck buyers shouldn't worry about some of the panel gaps and smears that have showed up in recent sightings of the electric pickup, auto expert Sandy Munro says. "That vehicle has probably gone through some fairly rigorous testing," Munro said, referencing Tapley's video. "The thing about stainless steel is it hangs around a while," he said.

Persons: Sandy Munro, —, Munro, Elon Musk, Frederic J . BROWN, Tesla, Electrek, — Munro, Musk, Dave Tapley, they'd, Insider's Tim Levin, Nora Naughton Organizations: Auto, Service, Getty, YouTube, Ford Locations: AFP, Northern California, California, Texas

☆ EV maker Rivian beats Q3 delivery estimates after raising production
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

A Rivian R1T electric truck is seen outside Munro & Associates headquarters in Auburn Hills, Michigan, U.S., June 3, 2022. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSAN FRANCISCO, Oct 2 (Reuters) - Electric-vehicle maker Rivian Automotive (RIVN.O) on Monday reported third-quarter deliveries above analysts' estimates, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter. It produced 16,304 vehicles at its facility in Normal, Illinois, up from 13,992 in the second quarter. That means Rivian has to make just more than 12,300 vehicles in the current quarter to hit its full-year target.

Persons: Rebecca Cook, Tesla, Rivian, Abhirup Roy, Zaheer Kachwala, Arun Koyyur Organizations: Munro & Associates, REUTERS, FRANCISCO, Rivian, Cox Automotive, U.S, EV, Canalys Research, Thomson Locations: Auburn Hills , Michigan, U.S, The Irvine , California, Normal , Illinois, San Francisco, Bengaluru

☆ Botany Bay: One dead, one in hospital after breaching whale capsizes boat in Australia
▼ + stars: | 2023-09-29 | by ( Akanksha Sharma | ) edition.cnn.com time to read: +1 min

CNN —One man is dead and another in hospital after a boat reportedly struck by a whale capsized in waters off Sydney, Australia, early Saturday morning local time. The vessel has been recovered and will undergo forensic testing, Munro added. The incident occurred on the first day of National Safe Boating Week in Australia, which runs from September 30 to October 6. A key focus of the initiative by Australia & New Zealand Safe Boating Education Group is lifejackets. “It’s a stark reminder about the boating season and how dangerous it can be on our waterways,” Munro said.

Persons: Siobhan Munro, “, ” Munro, ” “, Munro Organizations: CNN, Police, New South Wales Water Police, Australia & New, Safe Boating Education, Channel, Australian Maritime Safety Authority Locations: Sydney, Australia, Botany, New South

☆ Wall Street is betting on an active management comeback with new ETF launches
▼ + stars: | 2023-09-28 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

There were 68 active fund launches in the third quarter as of Sept. 22, compared to 49 indexed fund launches, according to CFRA. Passive funds still make up the majority of the ETF market, and they typically cost less than active products. JEPI, the biggest active ETF, has underperformed the S & P 500 this year but is still attracting new cash. "One of the problems with straightforward active funds, and we do run some straightforward active funds, is that very often ... you are tethered to that broad index, whatever happens to be in that. Abbott's firm launched five new active funds last week, including the Matthews Japan Active ETF (JPAN) .

Persons: Rachel Aguirre, Euan Munro, BNY Mellon, Cooper Abbott, Stephanie Pierce, Dreyfus, Jeremy Grantham's, Abbott Organizations: BlackRock, CNBC, JPMorgan —, Nasdaq, Newton Asset Management, BNY, Matthews Asia, Matthews Japan Active, SEC, Mellon & Exchange, BNY Mellon Investment Management Locations: BALI, BlackRock

Here are the key takeaways of an Associated Press investigation into the probe:WHAT DO THEY THINK HAPPENED? Investigators led by the federal bureau of Alcohol, Tobacco, Firearms and Explosives and Maui County have declined to comment on specifics of the probe. They included a heavily charred, hollowed 4-foot-tall stump of a utility pole, two heavily burned trees and the remains of an old car tire. Photos taken after the blaze show charred foliage in the utility’s right-of-way still more than 10 feet high. The utility instead sought to shift the blame to Maui County fire officials for what it believes was their premature, false claim that they had extinguished the first fire.

Persons: ”, Balagso, couldn’t, Munro Tulloch Organizations: Associated Press, Co, Alcohol, Tobacco, Firearms, Explosives, Press, AP, Electric Locations: Lahaina, Maui, Maui County

☆ Newton Investment's Euan Munro explains why investors should be looking at dividend-paying stocks
▼ + stars: | 2023-08-01 | 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 EmailNewton Investment's Euan Munro explains why investors should be looking at dividend-paying stocksEuan Munro, Newton Investment Management CEO, joins 'Squawk Box' to discuss the latest market trends, why high interest rates and high inflation have created a challenging environment across all major asset classes, and more.

Persons: Newton Investment's Euan Munro, Euan Munro Organizations: Newton Investment Management

☆ Well, this is weird: Photos show Tesla's Cybertruck is driving around disguised as a Ford F-150
▼ + stars: | 2023-07-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Tesla appears to be driving a Cybertruck disguised as an F-150, according to unverified photos. Elon Musk's biographer said Musk was inspired to build Cybertruck because Ford trucks are "boring." New images of Tesla's Cybertruck appear to show the carmaker has disguised one of its models as Ford's F-150 pickup truck. Up until recently, Ford has been one of few automakers to produce an EV pickup truck. Last year, Ford said it delivered over 13,000 electric F-150 trucks as the company worked to ramp up production and fulfill about 200,000 reservations.

Persons: Tesla, Sandy Munro, Elon Musk's, Musk, Munro, Brian Sullivan, Buddy, Sullivan, Dodge, Insider's Tim Levin, Elon Musk, Musk's, Walter Isaacson, CNBC's, Jim Farley, CNBC's Jim Cramer, Ford, Rivian Organizations: Auto, Ford, YouTube, YouTube CNBC, EV Locations: Palo Alto, Silicon

The Bolt does not align with GM's long-term EV technology strategy, but it is the Detroit automaker's best-selling and most affordable EV in North America, by far. Barra and GM officials did not say how much the new Bolt would cost or where it would be built. For GM, the Bolt has been the mainstay for its North American EV sales. In the first six months of this year, U.S. Bolt sales totaled 33,659 vehicles, outselling Ford's Mustang Mach-E, Hyundai's Ioniq 5 and other EVs from established automakers. Bolt sales rebounded this year after GM was forced to halt production of the car for nearly six months to fix problems linked to battery fires.

Persons: Rebecca CooK, Mary Barra, Barra, Sam Fiorani, EVs, Sandy Munro, Elon Musk, Fiorani, Bolt, Paul Lienert, Joseph White, Nick Zieminski Organizations: North American, REUTERS, General Motors, Chevrolet Silverado EV, Chevrolet, Detroit, GMC Hummer EV, GM, AutoForecast Solutions, Barra, Bolt, Munro & Associates, UAW, Thomson Locations: Detroit , Michigan, U.S, North America, United States, Ohio, Michigan, Orion, Detroit

☆ UK stocks are attractive on both valuation and income, strategist says
▼ + stars: | 2023-07-12 | 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 EmailUK stocks are attractive on both valuation and income, strategist saysEuan Munro, CEO of Newton Investment Management, says U.S. stock market bears may be on to something this time, and suggests the U.K. could be attractive in terms of both value and dividend income.

Persons: Euan Munro Organizations: Newton Investment Management

☆ Why Tesla's plan for a factory in Mexico is a 'genius move' for making a $25,000 car
▼ + stars: | 2023-06-14 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Building in Mexico could be the key to the $25,000 Tesla. Even without unveiling the affordable model, one manufacturing expert is convinced Tesla has the chops to pull it off. The affordable Tesla will be unveiled "at a later date," Elon Musk has said. Elon Musk's plan to build another factory in Mexico will be key in Tesla's bid to provide the masses with a $25,000 car, according to automotive manufacturing expert Sandy Munro. That car is supposed to come out this year if the company is on track with those original plans.

Persons: Tesla, Elon Musk, Elon Musk's, Sandy Munro, Munro, Musk, Elon Organizations: Morning, General Motors, …, Elon Locations: Mexico, China, North America

☆ Here Come the Flash Periods
▼ + stars: | 2023-06-12 | by ( Alisha Haridasani Gupta | ) www.nytimes.com time to read: +2 min

In a regular cycle, the ovaries make estrogen to nurture an egg for release and thicken the uterine lining for its arrival, Dr. Munro said. Think of the uterine lining “like grass in your garden,” Dr. Munro said. Or, for other women, there might be so little estrogen that the uterine lining hasn’t grown much, leading only to some light spotting. One of the telltale signs of endometrial hyperplasia, Dr. Kapoor said, is heavy periods. In cases where women have immensely heavy periods, Dr. Munro said, they might also experience iron deficiency and anemia, which in turn can be connected to other common menopause symptoms, including fatigue and brain fog.

Persons: ”, Malcolm Munro, Munro, Dr, “ It’s, “, Harlow, Ekta Kapoor, Kapoor Organizations: David Geffen School of Medicine, Mayo Clinic Center, Women’s Health, telltale Locations: U.C.L.A

☆ Why Tesla cars get totaled so easily
▼ + stars: | 2023-06-05 | by ( Graham Rapier | ) www.businessinsider.com time to read: +3 min

Tesla's cars are tremendously complex, with a multitude of sensors and custom body parts. Insurers are increasingly declaring Tesla cars totaled in an accident instead of paying for a fix. To make matters even more complicated, Tesla's new "structural" battery packs — those that are integrated with the car's body — have "zero repairability," according to manufacturing expert Sandy Munro. Tesla is acutely aware of the high insurance costs of its vehicles, with CEO Elon Musk in January saying they were "unreasonably high." Tesla has also been working to offer its own insurance products in some states, including California, with premium prices based on driving data from cars' onboard sensors.

Persons: Kelley, Sandy Munro, Munro, who's, Tesla, Elon Musk, you've Organizations: Reuters Locations: California

☆ At This Staten Island Garden, the Plants Are All Queer
▼ + stars: | 2023-06-01 | by ( Alyson Krueger | ) www.nytimes.com time to read: +1 min

The Alice Austen House on Staten Island celebrates the life of the trailblazing photographer Alice Austen, who lived there in the mid-19th and early-20th centuries. Amid its rolling, verdant grounds and vine-covered porch, there’s also a new initiative in the works: the Queer Ecologies Garden Project. for this story, and who consulted on creating the garden. Prefer and Victoria Munro, the executive director of the Alice Austen House, aim to celebrate this widespread gender fluidity of the natural world while focusing on plants that are particularly loud and proud in their functions, or are culturally associated with the L.G.B.T.Q. “It sort of challenges the notion that being queer is a choice,” said Ms. Munro of the project.

Persons: Alice Austen House, Alice Austen, Austen, there’s, Marisa, Victoria Munro, ”, Munro Organizations: Historic Landmark, New Locations: Staten, Brooklyn, Lower Manhattan, New York City

☆ Why The F.D.A. Should Move Birth Control Over the Counter - The New York Times
▼ + stars: | 2023-05-22 | by ( Eric Reinhart | ) www.nytimes.com time to read: +1 min

An advisory panel at the Food and Drug Administration this month unanimously recommended that a contraceptive pill, Opill, be made available over the counter. At a 1992 conference on birth control, an official on the F.D.A.’s fertility and maternal health drugs advisory committee, Philip Corfman, noted that the birth control pill is safer than aspirin, which is available over the counter. subsequently announced plans to convene a hearing to consider moving oral contraceptives over-the-counter. It was believed that this would greatly expand access to birth control by bypassing doctors, to whom millions of Americans then — as still now — had little access. Dr. Prescott reported that the program director of the National Women’s Health Network at the time, Cindy Pearson, said that a “birth control prescription is the poor woman’s ticket to health care.” Advocates for women’s health were concerned that if birth control were made available over the counter, then insurance might stop paying for it and impose new financial barriers to access.

☆ Some of the Books That Hernan Diaz Owns Surprise Even Him
▼ + stars: | 2023-05-18 | by ( ) www.nytimes.com time to read: +3 min

Scott, Deborah Eisenberg, Paul Yoon, Ottessa Moshfegh, Michael Ondaatje, Louise Erdrich, Colson Whitehead, Sigrid Nunez, Jean Strouse, Lorrie Moore. The novel contains four different books, written by different fictional authors in disparate genres and styles. “Trust” closes with a personal diary that is also a sort of a prose poem and a love letter to modernism. While writing this, I read and revisited authors as different as Jean Rhys, Ludwig Wittgenstein, Virginia Woolf, Sylvia Townsend Warner, Dawn Powell, Theodor Adorno and Gertrude Stein. Wodehouse section of my library and can report that I’ve read 29 of his books.

☆ To Promote a New York Casino, a Different Kind of Light Show
▼ + stars: | 2023-05-10 | by ( Stefanos Chen | ) www.nytimes.com time to read: +1 min

If the owners of one of the largest undeveloped sites in Manhattan get their way, they could soon be building one of New York’s first Vegas-style casinos — on a craggy, waterlogged field next to the United Nations. But first, a gesture of good will: Soloviev Group, the developer, is commissioning the artist Bruce Munro to install a sprawling light installation on the 6.7-acre site that will be free to the public and open for at least a year, starting in late September, the firm said. The art piece, “Field of Light,” an arrangement of 17,000 flowerlike fiber optic stems, will be staked, mounted and lit up in a kaleidoscope of colors on a vacant stretch of First Avenue between East 38th and 41st Streets. The Soloviev Foundation, a charitable arm of the development firm, will cover the $1.5 million cost of installing and maintaining the display, said Michael Hershman, the chief executive of Soloviev Group. “It’s a gift to New York,” he said.

☆ Iran seizes oil tanker in Gulf, U.S. Navy says
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +5 min

[1/4] Marshall Islands-flagged oil tanker Advantage Sweet, which, according to Refinitiv ship tracking data, is a Suezmax crude tanker which had been chartered by oil major Chevron and had last docked in Kuwait, sails at Marmara sea near Istanbul, Turkey January 10, 2023. Iran's army said it had seized a Marshall Islands-flagged oil tanker in the Gulf of Oman after it collided with an Iranian boat, injuring several crewmen, Iranian state media reported. The vessel's destination was listed as the U.S. Gulf of Mexico port of Houston, ship tracking data showed. Iran last November released two Greek-flagged tankers it seized in the Gulf in May in response to the confiscation of oil by the United States from an Iranian-flagged tanker off the Greek coast. The U.S. Navy, whose Fifth Fleet is based at the Gulf island state of Bahrain, called on Iran to immediately release the tanker.

☆ Analysis: China’s Xpeng takes cues from Tesla for its new EV platform
▼ + stars: | 2023-04-18 | by ( Paul Lienert | ) www.reuters.com time to read: +3 min

[1/2] He Xiaopeng, the co-founder, chairman and CEO of XPeng Motors attends a news conference ahead of the Shanghai Auto Show, in Shanghai, China April 16, 2023. "It's obvious the design of the (G6) came from the Model Y," industry analyst Sandy Munro told Reuters. Xpeng's simplified vehicle platform design - in effect, a three-piece frame that is both flexible and scalable - saves on parts, tooling, development and assembly time, and appears to have been lifted from Tesla, according to Munro. Such a platform has the potential to give Tesla, Xpeng and other automakers considering this approach a new weapon to help restore margins hit by recent price wars in China and other markets. Reporting by Paul Lienert in Detroit, Editing by Ben Klayman and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
▼ + stars: | 2023-04-16 | by ( Tim Mullaney | ) www.cnbc.com time to read: +9 min

And as the Biden administration pushes changes that seek to aggressively remake the car market in favor of EVs more quickly than previously anticipated. Tesla's lowest-priced model today is the Model 3 base MSRP of $41,990. There are also more financing options available in the auto loan market designed specifically for environmentally friendly cars. "There's nothing wrong with having a basic car as a first car. Tesla said its overall efforts have driven the cost of drive units, which include the car's electric motor, as low as $1,000.

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