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☆ Cybertruck reviewer says a sponsor didn't want to be featured in his video with the vehicle
▼ + stars: | 2024-11-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Nelson said a sponsor declined to be in the video review because of the Cybertruck. Nelson told BI that the brand said it had previously had negative experiences related to being associated with Cybertruck content. Nelson told BI that he owns every other Tesla model and had never received negative reactions toward the non-Cybertruck vehicles. Other Cybertruck drivers previously told BI they experienced similarly negative interactions while driving the vehicle, including getting flipped off. Nelson told BI the "the polarization factor is a really big deal, but it's not like the whole deal."

Persons: YouTuber Zack Nelson, Nelson, Elon Musk's, —, Zack Nelson, Elon Musk, impregnate Taylor Swift, Kamala Harris, Zack Nelson's Cybertruck, It's, he's Organizations: Service, Tech, Business, YouTube, Silverado, Auto, Cox Locations: Utah

☆ California governor calls special session to protect liberal policies from Trump presidency
▼ + stars: | 2024-11-07 | by ( Associated Press | ) edition.cnn.com time to read: +7 min

Gavin Newsom, a fierce critic of former President Donald Trump, on Thursday called for lawmakers to convene a special session later this year to safeguard the state’s progressive policies on climate change, reproductive rights and immigration ahead of another Trump presidency. The move — a day after the former president resoundingly defeated Vice President Kamala Harris in the presidential race — effectively reignited California’s resistance campaign against conservative policies that state Democratic leaders started during the first Trump administration. California’s move is part of a growing discussion among Democratic state officials across the country seeking to protect policies that face threats under Trump’s leadership. Newsom and Democratic lawmakers said they are acting now to shield the state’s policies that have made it a leader in the nation. “He wants to be seen as a political revivalist, and so that puts him front and center,” McCuan said.

Persons: —, Gavin Newsom, Donald Trump, Trump, resoundingly, Kamala Harris, ” Newsom, “ Trump, California’s, Kathy Hochul, Letitia James, ” Hochul, Hochul, Maura Healey, Andrea Campbell, JB Pritzker, ” Pritzker, Newsom, “, Harris, Pro Tempore Mike McGuire, Rob Bonta, Trump’s, David McCuan, won’t, ” McCuan Organizations: Democratic, Associated Press, Republican, Senate, Gov, Trump, ”, Illinois Gov, White House, Pro Tempore, America, State, White, Sonoma State University Locations: Sacramento, California, New York, State, New, Massachusetts, Chicago, Illinois, ” California, America, Southern California, U.S

☆ Inside the NBA arena that’s trying to change how fans cheer
▼ + stars: | 2024-11-06 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +8 min

Intuit Dome wants to rewire fans’ habits and change the way they’re used to rooting for the home team. “It feels kind of like an NBA Disneyland, versus [Crypto.com Arena, the Clippers’ former home, shared with the Los Angeles Lakers] where it’s a multiteam, multisport arena,” said Oscar Burrows-Rangel, a longtime Clippers fan. Just as unique, however, are the design choices that earn less attention but also affect the customer experience, said longtime Clippers fans who attended the Oct. 23 regular-season opener, against Phoenix. He has said the number of toilets and urinals is three times the number in the average NBA arena. One of the most significant elements about watching a Clippers game that Ballmer aims to change involves what is heard, and what isn’t, in other parts of the building.

Persons: Steve Ballmer, Ballmer, Gary Coronado, ”, Oscar Burrows, Rangel, Ryan Sun, James Harden, Ivica Zubac, ” Burrows, Erica Okeith, ” Okeith, Kirby Lee, Kevin Durant, Okeith, Jason Holzgang, Holzgang, ‘, checkouts, Daniel Albitres, Albitres, “, ” Albitres Organizations: Intuit Dome, Los Angeles Clippers, Microsoft, Clippers, Los Angeles Times, Getty, NBA, Intuit, Los Angeles Lakers, longtime Clippers, Phoenix Suns, Farm, Phoenix, AP, Xbox, Los Angeles Sports Arena, AP Suns, Crypto.com, Suns Locations: INGLEWOOD, Calif, —, Arizona, Atlanta, The, Golden State , New York, Boston

Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election. The last time the Dow, which represents larger, more established firms, saw a 1,000-point jump in a single day was November 2022. NBC News is projecting that Trump will finish with 276 Electoral College votes in his defeat of Vice President Kamala Harris, his Democratic opponent. Trump has promised to extend or enact sweeping tax cuts and deregulatory policies that are widely supported across the business community. That represents market pushback on one of Trump's key policy planks: A weaker dollar that would support U.S. exports.

Persons: Donald Trump's, Kamala Harris, Trump, David Bahnsen, Wells, Russell, Isaac Boltansky, Boltansky Organizations: Nasdaq, Dow Jones Industrial, Dow, NBC, Trump, Electoral, Democratic, Senate, Bahnsen, JPMorgan, Bank of America, U.S Locations: Wells Fargo, BTIG, U.S

☆ Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
▼ + stars: | 2024-11-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The layoffs will be effective as early as Jan. 5, according to Stellantis. The automaker announced the layoffs in conjunction with required notices to government agencies under the Worker Adjustment and Retraining Notification Act. The United Auto Workers union, which represents Stellantis employees at the plant, did not immediately respond for comment.

Persons: Stellantis Organizations: Jeep, United Auto Workers, DETROIT —, Toledo South Assembly, Worker, United Auto Workers union Locations: Toledo , Ohio, DETROIT, Ohio, Toledo

Bomb threats were reported across five key battleground states, both to polling places and government offices where votes are counted. The FBI, which engaged with local and state officials, confirmed that some of the threats originated from Russian email domains. “There were no major issues across the state” in the election process, said Nevada Secretary of State Francisco Aguilar. Voters who need to cure ballots with signature issues have until November 12 to do so, according to state election rules. Election workers process ballots for the 2024 General Election, in Milwaukee on November 5, 2024.

Persons: Donald Trump, Georgia –, –, Jocelyn Benson, Benson, ”, Gabriel Sterling, Brad Raffensperger, Lorena Portillo, State Francisco Aguilar, Aguilar, Omar Sabir, Kamala Harris, ” Sabir, Al Schmidt, Scott Hunt, Sara Innamorato, “, ” Innamorato, Paulina Gutierrez, “ We’re, Gutierrez, Jeff Fleming, Morry Gash, AP Sen, Ron Johnson, Brian Schimming, Johnson, Alysa Horton, they’ll, ” Horton, Horton, Adrian Fontes, Sean Lyngaas, Dalia Faheid, Brian Todd, Zachary Cohen, Casey Tolan, Holmes Lybrand, Scott Glover, Pamela Brown, Jim Acosta, Laura Dolan Organizations: CNN, Electoral, White, FBI, Democratic, Michigan Michigan, Georgia CNN, Trump, Georgia, State, Pennsylvania CNN, Pennsylvania, Philadelphia, Allegheny, Wisconsin Milwaukee, Milwaukee, AP, Wisconsin GOP, Arizona State, ASU, university’s State Press Locations: Russia, Fulton County, Georgia, Michigan, Wolverine, Detroit, “, Lansing, Atlanta, Chatham County, Savannah, ” Fulton, . Nevada, Nevada, Clark, Clark County, Clark County , Nevada, Washoe County, Nye County, Pennsylvania, Cambria County, Allegheny County, ”, Centre, Bellefonte , Pennsylvania, Milwaukee County, Milwaukee, Wisconsin, Arizona, Tempe

☆ I was a teen dad on food stamps. Now that I'm a multimillionaire, teaching my kids to appreciate money is really difficult.
▼ + stars: | 2024-11-06 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

I didn't want to be bouncing checks and living paycheck to paycheck, but I didn't know a way out. AdvertisementNow, I'm a millionaire, and I have to take money into consideration when parenting my kids. I buy my kids cars but save the flashy vehicles for meI want all my kids to earn the things they have. I told him that I love him, but there's no way I'm spending $22,000 on a baseball game. Admittedly, we have a long driveway, but there's no way I'm buying him a golf cart.

Persons: John Wetmore, He's, —, didn't, I'd, I'm, I've, they've, Mercedes Organizations: Force, Service, Little, Ohio State University, GMC

This year, Kaptur is facing GOP state Rep. Derek Merrin. West VirginiaGovernor: GOP state Attorney General Patrick Morrisey is the heavy favorite to fill the seat being left open by GOP Gov. 5th Congressional District: Democratic Rep. Jahana Hayes has a rematch against former GOP state Sen. George Logan in this western Connecticut district. 7th Congressional District (Allentown): Democratic Rep. Susan Wild is running against GOP state Rep. Ryan McKenzie. She is facing Democratic state Rep. Janelle Bynum.

Persons: Anna Paulina Luna, Democrat Whitney Fox, Maria Elvira Salazar, Lucia Baez, Geller, Republican Sen, Mike Braun, Jennifer McCormick, Jim Banks, Braun, Valerie McCray, Frank Mrvan, Joe Biden, Randell Niemeyer, Phil Scott, Esther Charlestin ., Independent Sen, Bernie Sanders, Gerald Malloy, Democratic Sen, Tim Kaine, Republican Hung Cao, Biden, Jen Kiggans, Elaine Luria, Missy Cotter Smasal, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Vindman’s, Alexander Vindman, Trump’s, Spanberger, Josh Stein, Mark Robinson, Robinson, Sen, Rachel Hunt, Jim Hunt, Hal Weatherman, Jeff Jackson, Republican Dan Bishop, Elaine Marshall, Republican Chad Brown, Don Davis, Laurie Buckhout, Davis, Sherrod Brown, Trump, Brown, Bernie Moreno, Greg Landsman, Orlando Sonza, Marcy Kaptur, Derek Merrin, Emilia Sykes, Kevin Coughlin, Patrick Morrisey, Jim Justice, Democrat Steve Williams, Joe Manchin, Wheeling Mayor Glenn Elliot, Republican Kris Warner, State Mac Warner, Democrat Thornton Cooper, Caroleene Dobson, Chris Murphy, Matt Corey, Jahana Hayes, George Logan, Hayes, Logan, Lisa Blunt Rochester, Ben Cardin, Republican Eric Hansen, Blunt Rochester, Matt Meyer, Michael Ramone, Sarah McBride, GOP Sen, Rick Scott, Debbie Mucarsel Powell, Scott, Eric Sorensen, Joseph McGraw, Sharice Davids, Prasanth Reddy, Angus King, David Costello, Demi Kouzounas ., Jared Golden, Austin Theriault, Angela Alsobrooks, Prince George’s, Larry Hogan ., April McClain Delaney, John Delaney, Republican Neil Parrott, David Trone, Elizabeth Warren, Republican John Deaton, Hillary Scholten, Republican Paul Hudson ., Tom Barrett, Curtis Hertel ., Dan Kildee, Kristen McDonald, Paul Junge ., John James eked, James, Democrat Carl Marlinga, Roger Wicker, Ty Pinkins, Josh Hawley, Lucas Kunce, Mike Kehoe, Crystal, Kelly Ayotte, Democrat Joyce Craig, Chris Sununu ., Chris Pappas, Republican Russell Prescott, Annie Kuster, Lily Tang Williams, Maggie Goodlander, Jake Sullivan ., Bob Menendez’s, Andy Kim, Republican Curtis Bashaw ., Tom Kean Jr, Kean, Sue Altman, Bob Casey, Republican Dave McCormick, Mehmet Oz, Brian Fitzpatrick, Ashley Ehasz, Susan Wild, Ryan McKenzie, Wild, Matt Cartwright, Rob Bresnahan Jr, Scott Perry, Janelle Stelson, Chris DeLuzio, Rob Mercuri, Sheldon Whitehouse, Patricia Morgan, Marsha Blackburn, Gloria Johnson, Monica de la, Michelle Vallejo, Henry Cuellar, Jay Furman, Vicente Gonzalez, Mayra Flores, Kyrsten Sinema, Ruben Gallego, Kari Lake, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Ciscomani, Lauren Boebert’s, Adam Frisch, Republican Jeff Hurd ., Gabe Evans, Mariannette Miller, Meeks, Christine Bohananan, Zach Nunn, Lanon Baccam, Garret Graves, Debbie Stabenow’s, Elissa Slotkin, Mike Rogers, Amy Klobuchar, Republican Royce White, Angie Craig, Joe Teirab, Deb Fischer, Dan Osborn, Pete Ricketts, Ben Sasse’s, Sasse, Ricketts, Democrat Preston Love Jr, Don Bacon, Tony Vargas, Bacon, Martin Heinrich, Republican Nella Domenici, Yvette Herrell, Gabe Vasquez, Vasquez, Kirsten Gillibrand, Mike Sapraicone, Nick LaLota, Democrat John Avlon, Tom Suozzi, George Santos, Suozzi, Mike LiPetri, Anthony D’Esposito, Laura Gillen, D’Esposito, Mike Lawler, Mondaire Jones, Lawler, Sean Patrick Maloney, Pat Ryan, Alison Esposito, Marc Molinaro, Josh Riley, Molinaro, Brandon Williams, John Mannion, Kelly Armstrong, Merrill Piepkorn, Doug Burgum, Kevin Cramer, Katrina Christiansen, Roe, Ted Cruz, Colin Allred, Tammy Baldwin, Eric Hovde, Brian Steil, Peter Barca, Derrick Van Orden, Rebecca Cooke, John Barrasso, Democrat Scott Morrow, Jon Tester, Tim Sheehy, Greg Gianforte, Ryan Busse ., Ryan Zinke, Monica Tranel, Zinke, Jacky Rosen, Republican Sam Brown, Dina Titus, Republican Mark Robertson, Drew Johnson, Susie Lee, Steven Horsford, Republican John Lee, John Curtis, Mitt Romney, Curtis, Caroline Gleich, Spencer Cox, Brian King, Adam Schiff, Dianne Feinstein, Schiff, Republican Steve Garvey, Kevin Kiley, Jessica Morse, Republican Stockton Mayor Kevin Lincoln, Josh Harder, John Duarte, Democrat Adam Gray, Duarte, David Valadao, Rudy Salas, Mike Garcia, George Whitesides, Young Kim, Joe Kerr, Ken Calvert, Democrat Will Rollins, Michelle Steel, Derek Tran, Republican Scott Baugh, Katie Porter, Dave Min, Porter, San Clemente, Mike Levin, Matt Gunderson, Val Hoyle, Monique DeSpain, Lori Chavez, Janelle Bynum, Andrea Salinas, Mike Erickson, Salinas, Bob Ferguson, Dave Reichert ., Marie Gluesenkamp, Perez, Republican Joe Kent, Dan Newhouse, Republican Jerrod Sessler, Newhouse, Kim Schrier, Carmen, Mazie, Bob McDermott, Mary Peltola, Nick Begich, Eric Hafner, John Howe Organizations: Congressional District, Democrat, Trump, Congressional, Miami, Dade County School Board, Georgia, House, Indiana Governor, Republican, Senate, GOP, District, Democratic, South, Vermont Governor, Republican Gov, Independent, Army, Virginia Senate, Navy, North Carolina Governor, Gov, Ohio Senate, Kaptur, Virginia Governor, GOP Gov, Huntington . Senate, Wheeling Mayor, State, Alabama, Justice Department, Caroleene Dobson . Connecticut Senate, Delaware Senate, District of Columbia, Illinois, Rep, NASCAR, Maryland, Frederick, Commerce Department, Marine, Missouri, White House, Jake Sullivan . New, Jake Sullivan . New Jersey Senate, Alliance . Oklahoma, Democratic Army, Apache, Biden, Freedom Caucus, Rhode, Rhode Island Senate, Tennessee Senate, Tennessee, Monica de la Cruz, Arizona, Democratic Rep, National, U.S . Department of Agriculture, Republicans ’, Minnesota Senate, . Nebraska, New Mexico Senate, . New York Senate, New York Police, CNN, GOP Rep, New York Democrats, North, North Dakota Governor, South Dakota, . Wisconsin Senate, Wisconsin, Wyoming, Montana Senate, Nevada Senate, Nevada, Congressional Black Caucus, Security, Utah, California Senate, California Natural Resources Agency, Republican Stockton Mayor, Capitol, NASA, Virgin Galactic, Air Force, Washington Governor, Hawaii Senate, Alaska, Peltola, Alaskan Independence Party Locations: States, Florida, Clearwater, Miami, Georgia, Indiana, Gary, Kentucky, South Carolina, U.S, Virginia, Virginia Beach, Northern Virginia, Gaston County, Ohio, Cincinnati, Toledo, Akron, Huntington, Montgomery, Alabama, Caroleene Dobson . Connecticut, Connecticut, . Kansas, Kansas, Prasanth Reddy . Maine, Maine, Prince George’s County, Massachusetts, Michigan, Grand, Lansing, Saginaw, Flint, Detroit, Mississippi, Missouri, . New Hampshire, Dixville, Manchester, Portsmouth , Manchester, Jake Sullivan . New Jersey, North Jersey, Philadelphia, Allentown, Scranton, Harrisburg, Pittsburgh, Rhode Island, Texas, McAllen, Laredo, South Texas, Phoenix, Tucson, Colorado, Denver, Iowa, Davenport, Des Moines, Louisiana, Baton Rouge, Shreveport, Black, Twin Cities, Omaha, New Mexico, Albuquerque, ., Long, Queens, Hempstead, New York City, Hudson, New York, Syracuse, North Dakota, . Texas, Racine, La Crosse, Bozeman , Missoula, Nevada, Las Vegas, North Vegas, North Las Vegas, Sacramento, California, Stockton, Central, Los Angeles, Santa Clarita, Southern California, Riverside County, Calvert, Irvine, San, Idaho, United States, Oregon, Eugene, Portland, Salem, Seattle

☆ Texas U.S. Senate Election Results 2024: Cruz vs. Allred
▼ + stars: | 2024-11-05 | by ( ) www.nytimes.com time to read: 1 min

Democrats are looking for a long-shot pickup with Representative Colin Allred, who is giving up his Dallas-area House seat to challenge Senator Ted Cruz. Mr. Cruz has never been personally popular, but Texas has been reliably Republican for decades.

Persons: Colin Allred, Ted Cruz, Cruz Locations: Dallas, Texas

☆ Moreno will defeat Brown in Ohio, CNN projects, in key pickup for GOP
▼ + stars: | 2024-11-05 | by ( Simone Pathe | ) edition.cnn.com time to read: +2 min

CNN —Republican Bernie Moreno will defeat Democratic Sen. Sherrod Brown, CNN projects, a key pickup for the GOP in a state that’s been trending its way and putting the GOP one step closer to securing the Senate majority. Moreno emerged as the GOP nominee earlier this year after Democrats helped prop him up in the primary, believing he’d be the weakest opponent. Moreno’s GOP allies also tried hitting Brown over transgender athletes in an effort to cast the senator as too liberal for the state. (Brown and the Democratic Senatorial Campaign Committee went up with a response ad on the issue that says the senator agrees with GOP Gov. But Moreno had significant outside firepower from GOP groups that helped boost his candidacy in the fall.

Persons: Bernie Moreno, Democratic Sen, Sherrod Brown, Moreno, Donald Trump, he’d, Brown, —, Kamala Harris, Mike DeWine, ”, Ohioans Organizations: CNN, Democratic, GOP, Buckeye State, Republican, Senate, Democratic Senatorial, Gov Locations: nonjudicial, Buckeye, Cleveland

☆ Michigan police say 4 killed, 17 injured after semitruck crashes into vehicles stuck in traffic
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +1 min

Traffic on I-96 near Webberville had been temporarily stopped late Saturday as utility crews were completing work on power lines in the area. A semitruck with a trailer was heading westbound around 11:45 p.m. and crashed into the stalled vehicles. Police said more than a dozen vehicles were involved in the crash. Michigan State Police said Sunday that the victims were a 29-year-old man from Carson City who was driving a Ford pickup and three relatives from Lansing who were in a Chevy Trax. Authorities continued cleanup efforts Sunday and said I-96 near the site of the accident would “be closed for an indefinite period.”

Persons: ” Organizations: Michigan State Police, Police, Chevy Trax, Authorities Locations: Mich, —, Michigan, Webberville, Carson City, Lansing

As the battle for Congress comes to a close, here are five things to watch:1. Republicans have long been concerned about Democrats’ massive fundraising advantage in House and Senate races. Nearly $1.6 billion has been spent on ads in Senate races since Labor Day, with Democrats spending $803 million and Republicans spending $758 million, according to AdImpact. More than $1 billion has also been spent on ads in House races since Labor Day, with Democrats spending $615 million to Republicans’ $448 million, according to AdImpact. In the Maryland Senate race, Republicans have tried to pull off an upset by recruiting former GOP Gov.

Persons: Donald Trump, Kamala Harris, Trump, Jon Tester, Ohio’s Sherrod Brown, Brown, Tim Sheehy, Bernie Moreno, Jim Justice, Sen, Joe Manchin, Joe Biden, Harris, Pennsylvania’s Bob Casey, Wisconsin’s Tammy Baldwin, Nevada’s Jacky Rosen, Maine Republican Susan Collins, Biden, Casey, Dave McCormick, Rosen, Roe, Wade, ’, That’s, Dan Osborn, GOP Sen, Deb Fischer, Fischer, Osborn, Colin Allred, Ted Cruz, they’re, Debbie Mucarsel, Powell, Rick Scott, Allred, Larry Hogan, Hogan, Angela Alsobrooks Organizations: White, Republicans, House, Republican, Navy, West Virginia Gov, Democratic, Trump, GOP, Maine Republican, Senate, Freedom Caucus, Democrats, Labor, ’, Republicans ’, PAC, Maryland Senate, GOP Gov, Hogan Locations: California, New York, Arizona, Michigan, Maine, Pennsylvania, Nevada, Allentown, Harrisburg, Nebraska, Cornhusker, Texas, Florida, Maryland

☆ China's Singles Day shopping festival is more than halfway over. Here's how consumers are spending
▼ + stars: | 2024-11-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

China's e-commerce giants stopped reporting Singles Day GMV in 2022 during the pandemic. Singles Day GMV this year as of Oct. 30 was 845 billion yuan ($119.1 billion), according to research firm Syntun. Subsidies boost appliancesHelping boost sales this Singles Day are China's subsidies for trade-ins of home appliances, launched in late July. They predict 4% to 5% growth in Singles Day GMV, with sales in the home appliance category supported by the trade-in program. "Something that kind of came out of nowhere, into all of a sudden really, really big numbers."

Persons: Alibaba, Jacob Cooke, JD's, ByteDance's Douyin, Cooke, Louis Vuitton, we've, UOB Kay Hian, JD.com, Dave Xie, Oliver Wyman, Xie, There's, Liang, Chiikawa, Taobao, Tmall Organizations: Visual China, Getty, Alibaba, Technologies, CNBC, Louis Locations: Lianyungang, Jiangsu Province, China, BEIJING, Asia, Alibaba, British

☆ Rivian's head of software says the company is not trying to be like Tesla regarding automation
▼ + stars: | 2024-11-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Rivian Chief Software Officer Wassym Bensaid says the future of cars will be hands-free. Related storiesA $5 billion investment from Volkswagen announced in June could help the struggling EV company deliver on its cheapest model yet, the R2, priced at $45,000 and set to launch in 2026. In January, Goldman Sachs analysts said Rivian's software is "a key part of the value proposition and monetization opportunity" for the company. "Software is, really behind the scenes, pervasive throughout the entire company," Bensaid told BI. "And we see Rivian as a tech company.

Persons: Wassym Bensaid, Bensaid, —, we're, robotaxis, wasn't, RJ Scaringe, EVs, Scaringe, Kleiner Perkins, Tesla, Rivian, We're, Goldman Sachs Organizations: Service, Business, Rivian, TechCrunch, CSO, EV, Motors, Volkswagen, Tesla Locations: Irvine , California, San Francisco

☆ The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
▼ + stars: | 2024-11-03 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

A price war in China poses a threat to profitability. Amid the flurry of news, two themes stand out: the China threat and EV slowdown loom large for automakers. AdvertisementAnother EV price war threatens profitabilityIn China, the world's largest auto market, EV leaders BYD and Tesla are engaged in a bitter price war that initially weighed heavily on BYD's bottom line. The Chinese EV market is more competitive than ever, according the GM's Barra, who questioned the sustainability of a broader price war in the region driven by an uptick in Chinese EV startups selling inexpensive vehicles. Inexpensive Chinese EVs have long threatened the US EV market.

Persons: —, It's, Ford, Tesla, China's, Mary Barra, Barra, Mark Ford, he's Organizations: Service, Ford, Volkswagen, VW, EV, Companies, Power, Dealers Locations: China, Germany, Europe, BYD

☆ 10 House races to watch on election night (and beyond)
▼ + stars: | 2024-11-03 | by ( Terence Burlij | ) edition.cnn.com time to read: +17 min

With so much at stake, CNN has identified 10 races to watch on Tuesday – grouped into buckets that nod to broader themes across the House landscape. Democratic Rep. Abigail Spanberger decided against seeking a fourth term, instead launching a campaign for governor in 2025. Democratic Rep. Jared Golden has crafted a moderate profile by challenging his party on issues ranging from spending to immigration. This year she faces a challenge from GOP state Rep. Gabe Evans, a fellow Mexican American and a former Army helicopter pilot and police officer. GOP Rep. Zach Nunn, an Air Force officer, was first elected in 2022 – defeating Democratic Rep. Cindy Axne by about 2,000 votes.

Persons: CNN —, Mike Johnson, Hakeem Jeffries, Donald Trump, Kamala Harris, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Biden, Vindman, Anderson, Trump’s, Alexander –, Volodymyr Zelensky, Jen Kiggans, Missy Cotter Smasal, Don Bacon, Tony Vargas, –, Joe Biden, Brad Ashford, Bacon, Vargas, Harris, Jared Golden, Austin Theriault, Golden, Theriault, Elissa Slotkin’s, Curtis Hertel, Tom Barrett –, Barrett, Gretchen Whitmer, Michigan’s, Dan Kildee, Yadira Caraveo, Gabe Evans, Hyoung Chang, Yadira, Evans, Scott Perry, Janelle Stelson, Stelson, Josh Shapiro, Perry, Marc Molinaro, Josh Riley, Sen, Al Franken, Trump, Michelle Steel, Derek Tran, Don Davis, Davis, Laurie Buckhout, Zach Nunn, Cindy Axne, Lanon Baccam, CNN’s David Wright, Matt Holt, Molly English, Renée Rigdon, Andrew Menezes Organizations: CNN, Congress, Republicans, GOP, Louisiana Republican, New York Democrat, White, Republican, Democratic, Labor, Army, National Security Council, NSC, Biden, Nebraska Rep, GOP Rep, Air Force, Democrats, Electoral College, Harris, Capitol, Trump, Marine Corps, Trump voters, NASCAR, Democrats outpacing Republicans, Republican Democratic Rep, Army helicopter, Slotkin, Hertel, CIA, Central Michigan, Colorado Rep, Denver Post, crosscurrents, Colorado, Latina, Caucus, – Trump, MAGA, Empire, Democrats outspending Republicans, District :, US Army, North, North Carolina –, an Air Force, Iowa’s, Dallas County, US Department of Agriculture Locations: Louisiana, Virginia’s, Washington, Virginia, District, Virginia Beach, Omaha, Maine’s, Canada, Lewiston –, AdImpact, Michigan’s, Michigan, Lansing, Central, Denver, exurbs, Mexican, Aurora, Central Pennsylvania, New York, Empire, Hudson, It’s, California’s, District : California, California, Orange, Los Angeles, Korean, North Carolina’s, North Carolina, Alabama, Iowa’s, Des Moines, Laos

☆ Starbucks will add 'guardrails' to app in effort to streamline mobile ordering
▼ + stars: | 2024-10-31 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Starbucks wants to curb chaotic and complex mobile orders. CEO Brian Niccol announced that "common sense" guardrails will soon be put on app customizations. CEO Brian Niccol said the coffee chain will implement "common sense guardrails" on app orders in the coming months as part of the company's effort to separate the pick-up process from in-store orders. Mobile orders make up more than 30% of transactions at Starbucks stores, he said. Niccol said the company is also prioritizing a new sequencing algorithm that enables accurate pickup times for mobile orders to avoid overwhelming the cafés.

Persons: Brian Niccol, —, customizations, Niccol, Diana Frost, Kraft Heinz Organizations: Starbucks, Service, Mobile

☆ Ford to halt production of electric F-150 Lightning next month until 2025
▼ + stars: | 2024-10-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022. DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks. The automaker on Thursday confirmed the seven-week shutdown would occur at its Rouge Electric Vehicle Center in suburban Detroit from Nov. 18 until Jan. 6, including previously planned holiday downtime at the end of the year. "We continue to adjust production for an optimal mix of sales growth and profitability," Ford said in an emailed statement. Ford said not all of the workers will be laid off for the entire duration of the downtime.

Persons: Ford Organizations: Ford Rouge Electric Vehicle Center, DETROIT, Ford Motor, Electric Vehicle Center, Automotive News Locations: Detroit, Michigan

☆ 7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain
▼ + stars: | 2024-10-31 | by ( Amelia Lucas | ) www.cnbc.com time to read: +8 min

Niccol wants to change that. Cutting back an 'overly complex' menuSpain, Barcelona, Plaza de Francesc Macia, Starbucks, coffee shop customer ordering. While the changes may disappoint some customers, Niccol said he thinks that they'll appreciate faster, more consistent service in the long run. Bringing back the condiment barsStarbucks brown sugar sachets are seen in Starbucks Coffee in Krakow, Poland on November 4, 2022. Better staffing in cafesMerida, Mexico, Zona Paseo Montejo Centro, Starbucks Coffee shop, baristas and cashier at work smiling.

Persons: Brian Niccols, Brian Niccol, Rachel Ruggeri, Niccol, Lindsey Nicholson, Macia, Jeff Greenberg, Etienne Laurent, we've, Beata Zawrzel, baristas, Taco Bell, Chipotle, Tressie Lieberman, Almond Organizations: Starbucks, CNBC, Mobile, UCG, Getty, Plaza, Universal, AFP, Nurphoto, Zona Paseo, Centro, Starbucks Rewards, Procter & Gamble, Yum Brands Locations: U.S, Queens , New York, Spain, Barcelona, Manhattan Beach , California, Starbucks Coffee, Krakow, Poland, Merida, Mexico

☆ Canada alleges Indian home minister ordered campaign targeting Sikh separatists
▼ + stars: | 2024-10-30 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

OTTAWA, Ontario — A Canadian official alleged Tuesday that Indian Home Minister Amit Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Sikh separatists inside Canada. Indian government officials have repeatedly denied that Canada has provided evidence and have called the allegations absurd. Nathalie Drouin, Trudeau’s national security adviser, told the committee Tuesday that Canada has evidence the Indian government first gathered information on Indian nationals and Canadian citizens in Canada through diplomatic channels and proxies. Drouin said a meeting was held with Indian Prime Minister Narendra Modi’s national security adviser, Ajit Doval, in Singapore two days earlier. Four Indian nationals living in Canada were charged with Niijar’s murder and are awaiting trial.

Persons: Amit Shah, David Morrison, ” Morrison, Morrison, Shah’s, Justin Trudeau, Hardeep Singh Nijjar, Shah, Vikash Yadav, Nathalie Drouin, Lawrence Bishnoi, Bishnoi, Drouin, Narendra Modi’s, Ajit Doval, Mike Duheme Organizations: Canadian, Indian, Foreign, Washington Post, Sikh, Canada, United States Justice Department, Justice Department, Royal Canadian Mounted Police Locations: OTTAWA, Ontario, Canada, British Columbia, Ottawa, New York City, York, India, United States, New Delhi, Singapore, Surrey, An Indian

☆ I've taken the Amtrak Auto Train, where you take your car with you, over a dozen times. It's great for overpackers who want to reduce driving time.
▼ + stars: | 2024-10-30 | by ( Bobbi Dempsey | ) www.businessinsider.com time to read: +4 min

I enjoy the Auto Train — it's a great way to save about 900 miles of driving on busy highways. So it's not surprising that I'm a big fan of the Auto Train, an Amtrak route unlike any other. Related VideoI've taken the Auto Train many times over the years — often accompanied by several children — and I've really enjoyed it. The Auto Train is great for families and heavy packers who want to avoid driving too much on their tripThe Amtrak Auto Train is quite comfortable. By contrast, when you travel by Auto Train, you can bring as much stuff as you can squeeze into your vehicle.

Persons: —, it's, I've, Bobbi Dempsey, you've Organizations: Amtrak, Service, Passengers, packers, Auto Train Locations: Virginia, Florida, Lorton, Washington, Sanford , Florida, Orlando, Canada

☆ New Starbucks CEO shares more details on his turnaround plan. We like what we heard
▼ + stars: | 2024-10-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Niccol's overarching message: A bunch of changes, both big and small, are coming to Starbucks' menu, mobile app and stores that should satisfy all parties involved. Starbucks stock didn't do much in the five sessions since then, ending Wednesday at $97.32 a share. Starbucks is far from a quick fix, but Niccol on Wednesday night demonstrated that the optimism may not be misplaced. As for mobile orders, which account for more than 30% of transactions, the CEO said Starbucks will tweak its algorithm so that it provides specific pickup times to customers. Investors are hoping Starbucks' stock returns are reminiscent of that tenure, too.

Persons: Brian Niccol, Jim Cramer, Niccol, Wall, —, Laxman Narasimhan —, Howard Schultz, Jim, Rachel Ruggeri, we've, Jim Cramer's, Jakub Porzycki Organizations: Starbucks, Chipotle, Investors, CNBC, Nurphoto, Getty Locations: U.S, China, Chipotle, Manhattan Beach , California

☆ 'Absurdly cheap': Bottom-up investor names Japan sectors — and stocks — to invest in right now
▼ + stars: | 2024-10-30 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Japanese markets have made steady gains so far this week — and one bottom-up investor sees potential for them to advance even further. "When we look at the valuations of a lot of companies, they look absurdly cheap," he added. Department stores Among the segments Kato is looking at favorably in Japan is department stores. His optimism on department stores is an interesting one, given that many have "not expanded for about 30 years." So overall, department stores look quite interesting," he added.

Persons: Mio Kato, Kato, Shigeru Ishiba's Organizations: LightStream Research, CNBC Pro, Nikkei, Tokyo Stock Exchange, Department, Holdings, U.S, Toyota Motor, Nissan, Honda, Toyota Locations: Japan, Southeast Asia, China, U.S

☆ Here are Wednesday's biggest analyst calls: Apple, Alphabet, Snap, Boeing, First Solar, Reddit, AMD & more
▼ + stars: | 2024-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday. "Attractive entry point ahead of EDN's tariff review, a key value driver that could drive significant earnings growth & trigger stock re-rating. "We remain confident in BOOT's ability to deliver attractive relative earnings growth supported by compelling unit expansion opportunity." Raymond James downgrades Crocs to market perform from outperform Raymond James downgraded the shoe company following earnings citing margin pressures.

Persons: Wells, Reddit, Morgan Stanley, Raymond James, it's, Bernstein, Baird, Raymond James downgrades Qorvo, Barclays downgrades Lear, Goldman Sachs, Chipotle, Goldman, Raymond James downgrades Crocs, Wedbush downgrades Williams Organizations: Bank of America, Devices, AMD, JPMorgan, Catalyst, " Bank of America, DoJ, Citi, YouTube, Bank of, Holdings, of America, Incyte, Boeing, UBS, Barrick Gold, Barrick, Barclays, CMG, Walmart, Apple, Apple Intelligence, 3Q, 4Q, WSM Locations: China, OW, America, Sonoma

☆ Canada alleges Indian minister ordered campaign targeting Sikh separatists
▼ + stars: | 2024-10-30 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Ottawa, Ontario AP —A Canadian official alleged Tuesday that Indian Home Minister Amit Shah ordered a campaign of violence, intimidation and intelligence-gathering targeting Sikh separatists inside Canada. Prime Minister Justin Trudeau said a year ago that Canada had credible evidence agents of the Indian government were involved in the murder of Canadian Sikh activist Hardeep Singh Nijjar in British Columbia in June 2023. Indian government officials have repeatedly denied Canada has provided evidence and have called the allegations absurd. Nathalie Drouin, Trudeau’s national security adviser, told the committee Tuesday that Canada has evidence the Indian government first gathered information on Indian nationals and Canadian citizens in Canada through diplomatic channels and proxies. The Royal Canadian Mounted Police said it took the extraordinary step of talking publicly about ongoing investigations because of threats to public safety.

Persons: Amit Shah, David Morrison, ” Morrison, Morrison, Shah’s, Justin Trudeau, Hardeep Singh Nijjar, Ottawa didn’t, Shah, Vikash Yadav, Nathalie Drouin, Lawrence Bishnoi, Bishnoi, Drouin, Ajit Doval, Mike Duheme Organizations: Ontario AP, Canadian, Indian, Foreign, Washington Post, Sikh, United States Justice Department, Justice Department, Royal Canadian Mounted Police Locations: Ottawa, Ontario, Canada, British Columbia, New York City, York, India, United States, New Delhi, Singapore, Surrey, An Indian

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