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☆ China’s hottest new tourist attraction is 5,000 feet in the air
▼ + stars: | 2024-11-26 | by ( Hassan Tayir | ) edition.cnn.com time to read: +3 min

It clocks in at 551 feet long (168 meters) and stretches between two cliffs at a height of 5,000 feet, according to Chinese state media. The attraction is located on Mount Qixing in Zhangjiajie Nature Park, in southwestern China’s Hunan province, an area famous for its complex terrain and diverse landforms. “I was not nervous, my son was,” He told CNN, “but he was all right soon afterward.”An aerial view of the Mount Qixing via ferrata. Courtesy Qixing AdventureHe Qian runs a B&B nearby, where she also helps people book tickets for the new attraction. Yuan Xiaorui, marketing supervisor of Qixing Adventure, the company that operates the attraction on Mount Qixing, told CNN that the three-hour via ferrata experience costs 580 yuan ($80).

Persons: ”, Qian, “, “ I’ve, Ferrata, commenter, Douyin, Yuan Xiaorui, Qixing, ” Yuan Organizations: Hong Kong CNN, CNN Locations: Hong Kong, China, Qixing, China’s Hunan, ferrata, Zhangjiajie, Taiwan, Hunan

"It was apparent that the man had suffered a significant fall in icy terrain," the department said in a statement. The glade is near state-run Cannon Mountain, a historic ski resort scheduled to open for the season on Friday. Search-and-rescue crews bushwhacking through cold, mountainous terrain came upon the hiker's body within Saturday's first hour on Kinsman Ridge, a feature that leads to Cannon Mountain, the department said. Conditions over the weekend were cold enough to welcome 8 inches of new snow, according to Cannon Mountain's daily weather report on Monday. "Winter conditions have arrived in the mountains, and hikers are encouraged to be prepared for their trek," the Fish and Game Department said.

Persons: Christopher Huyler, Huyler, Cannon Organizations: Game Department, and Game Department, Fish and Game Department, Team, The New, The New Hampshire Office, National Weather Service Locations: New, Littleton , New Hampshire, Franconia Notch, Franconia, Kinsman, Cannon, The New Hampshire, North America, Boston

☆ Why green investments have become the last line of defense for Biden’s climate agenda
▼ + stars: | 2024-11-26 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

CNN —Can the green shoots of clean energy break through the “brown blockade”? Those huge current and planned investments in new manufacturing plants may represent the sole opportunity to preserve any elements of Biden’s blueprint for growing the domestic clean energy industry. Republican districts are slated to receive an equally large share of another $435 billion in clean energy projects that have been announced but not yet built, the analysis found. The US reliance on the fossil fuels driving climate change has been declining for years, but only at a modest pace. Yet interrupting that transition by repealing the federal policies benefiting clean energy remains a dangerous gamble.

Persons: Donald Trump, Trump, Joe Biden’s, Biden –, ”, Lori Lodes, ‘, I’ve, Trump’s, Tammy Baldwin, John Fetterman, Kamala Harris, Chris Wright, ’, Lee Zeldin, Elizabeth Conley, “, Jason Walsh, ” Lodes, Robert McNally, George W, Bush, McNally, Walsh, ” Walsh, Joseph Shapiro, Shapiro, EVs, Ben King, King, ” King, ” Shapiro Organizations: CNN, GOP, Republican, Climate Power, Trump, federal Energy Information Administration, Senate, Electoral College, Energy Information Administration, Democratic, Biden, ExxonMobil, Environmental Protection Agency, “, Massachusetts Institute of Technology, Rosendin, Houston Chronicle, Power, BlueGreen Alliance, Republicans, Hyundai, Bloomberg, Getty, University of California Locations: America, United States, Wyoming , Louisiana, North Dakota, West Virginia, Alaska , Montana , Oklahoma, Texas, Iowa, Nebraska, Kansas, Ohio, Indiana , Michigan, Wisconsin, Massachusetts, New York, Virginia, Maryland, Washington , Oregon, California, West Virginia , Montana and Ohio, Pennsylvania, New Mexico, Michigan, – Michigan, Washington, Liverpool , Texas, Georgia, Ellabell , Georgia, Berkeley

☆ ‘Demure’ is Dictionary.com’s 2024 word of the year
▼ + stars: | 2024-11-26 | by ( Karina Tsui | ) edition.cnn.com time to read: +4 min

CNN —“Demure,” a word that went viral over the summer, has been named Dictionary.com’s 2024 word of the year — beating out other contenders like “brainrot,” “brat,” and “weird.”In an announcement Monday, the site said that the word experienced a “meteoric rise in usage” in 2024 — up 1,200% between January and August — a spike that was largely attributed to TikToker and beauty influencer Jools Lebron’s popularization of the phrase “very demure, very mindful” in a series of satirical videos that shook the internet. “That’s the joke!”The satire is clearest in a clip in which the TikTok star asserts that she’s going to behave in a demure, mindful way while going out on the Las Vegas Strip. I don’t dog-ear pages, I put in a bookmark,” RuPaul said in a video promoting online bookstore Allstora. Lebron, who is transgender, said that the fame from her “demure” videos has helped her finance the rest of her transition. “Brat,” another word that has taken on new meaning in 2024, was named Collins Dictionary’s word of 2024 for being one of the most talked about words on and offline.

Persons: “, ”, Lebron, Marge Simpson, Patty, Selma, Demure, ” Dictionary.com, she’ll, Kim Kardashian, Jennifer Lopez, RuPaul, Kardashian, Patrick Ta, Jimmy Kimmel, Dictionary.com, Collins Organizations: CNN, Las Locations: “, ”

☆ Many digital health startups are quietly raising down rounds and closing up shop. Here's why.
▼ + stars: | 2024-11-26 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +9 min

Now, VCs say many digital health startups are cutting their valuations to live another day. As of mid-November, PitchBook data shows 327 digital health startups that grabbed funding in 2021 but haven't raised since. Not even the AI boom, which has brought back-to-back fundraises for hot healthcare startups like Abridge, can make up for the discrepancy. "There are more digital health companies that are selling assets, selling people, or whatever they can," said Greg Yap, a partner at Menlo Ventures. AdvertisementVCs told BI they're pushing the next generation of healthcare startups for better discipline in balancing growth with profits.

Persons: haven't, Greg Yap, Doba Parushev, CareFirst, Parushev, Jenny Chang, Rodriguez, Alyssa Jaffee, she's, that's, Ruth, Alison Greenberg, Healthworx's Parushev, Forward's, Rob Price, Axios, LetsGetChecked, Galym, Yap, cofounders Umar Afridi, Sid Viswanathan, VCs Organizations: Healthcare, Business, Menlo Ventures, Healthworx Ventures, Getty, Ruth Health, Carta, Optum Ventures, Lightspeed Ventures Partners, Omada, Walgreens, Walmart Locations: Forward's San Francisco

☆ Dick's Sporting Goods posts robust holiday guidance
▼ + stars: | 2024-11-26 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

The Dick's Sporting Goods logo is displayed on the floor of a store on September 04, 2024 in Daly City, California. Dick's Sporting Goods raised its full-year guidance on Tuesday after what CEO Lauren Hobart called an "excellent" back-to-school shopping season and better-than-expected comparable sales for its third quarter. The sporting goods giant is now expecting fiscal 2024 same-store sales to grow between 3.6% and 4.2%, up from a previous range of 2.5% to 3.5%. Dick's said the strong quarter led it to also raise its full-year sales and earnings guidance. It's now expecting full-year earnings per share to be between $13.65 and $13.95, ahead of previous guidance of $13.55 to $13.90.

Persons: Lauren Hobart, Hobart, StreetAccount, Dick's, It's Organizations: Dick's Sporting Goods, LSEG Locations: Daly City , California

☆ Trump’s tariff threats signal the start of a wild ride in currency markets
▼ + stars: | 2024-11-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

President-elect Donald Trump's vow to implement additional tariffs on China, Canada and Mexico on day one of his presidency signals the start of a wild ride in currency markets, strategists say, warning it would be risky for investors to underestimate the impact on foreign exchange rates. The announcements prompted a knee-jerk reaction in currency markets, with the U.S. dollar rising more than 2% against the Mexican peso and notching a four-year high against the Canadian dollar . "I think the first reaction here is that investors should get ready for a wild ride in FX volatility," said Kamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs . The index closed 0.6% lower in the previous session as investors welcomed hedge fund manager Scott Bessent as Trump's pick for U.S. Treasury chief. "This is going to be something that we are all going to have to get used to.

Persons: Donald Trump's, Trump, Kamakshya Trivedi, Goldman Sachs, Scott Bessent, Trivedi, CNBC's Organizations: U.S, Canadian, Goldman, The U.S, Treasury Locations: China, Canada, Mexico

☆ What Trump's trade plans mean for industry in Canada and Mexico — from oil to autos
▼ + stars: | 2024-11-26 | by ( Huileng Tan | Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump said he would impose 25% tariffs on Canadian and Mexican exports to the US. The US is a big buyer of products from Canada and Mexico, particularly in the energy and auto sectors. Canadian energy exports to the US were worth $128 billion last year. Mexico worth $379 billion worth of exports to the US in the first nine months of this year, with Canadian exports topping $309 billion, the data shows. AdvertisementWilbur Ross, who served as Commerce Secretary in Trump's first administration, told CBC earlier this month he didn't expect the incoming president to tax Canadian energy imports.

Persons: Donald Trump, Nigel Green, Wilbur Ross, Ross, Tesla, Elon, BYD, Trump Organizations: US, Canadian, deVere, Energy, CBC, Toyota, Nissan, Honda, Elon Musk's, Street, Machinery, . Locations: Canada, Mexico, China, Europe, Asia, . Canada

☆ Kohl's lowers annual sales forecast again on muted holiday shopping demand
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: +2 min

Kohl's on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a promotion-heavy holiday shopping season. "Our third-quarter results did not meet our expectations, as sales remained soft in our apparel and footwear businesses," Kingsbury said. The CEO's surprise departure comes as the company enters the critical holiday shopping period including Black Friday, one of the busiest times of the year for retailers and shoppers. It logged a decrease in comparable sales of 9.3% for the quarter ended Nov. 2, its eleventh consecutive quarter of decline. This is Kohl's third straight quarter with a lowered sales forecast.

Persons: Kingsbury, Kohl's, Tom Kingsbury, Ashley Buchanan, Cos Organizations: Walmart, Michaels Companies, LSEG Locations: Paxton, Harrisburg, Kohl's, Falls , Wisconsin

☆ Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say
▼ + stars: | 2024-11-26 | by ( Matt Egan | ) edition.cnn.com time to read: +10 min

And it underscores frustrations with a tariff exclusion process launched during the first Trump administration that is often described as murky and messy. It’s not clear how or when those higher China tariffs will take effect – nor whether businesses will again have the opportunity to apply for exclusions. But what is clear is that the USTR’s tariff exclusion process during the first Trump administration raised significant concerns in Corporate America. The Trump transition did not provide details on what a tariff exclusion process will look like in the new administration. The researchers did not study tariff exclusions under the Biden administration.

Persons: Bobby Djavaheri, Djavaheri, ” Djavaheri, ”, Tom Madrecki, General Mills, Molson, Donald Trump, It’s, Trump, Brian Hughes, Vance, ” Hughes, USTR, “, ” Relatedly, Jesus Salas, ” Salas, Salas, –, “ It’s, Biden, Sam Michel, Michel, Veljko Fotak, hasn’t, ” Fotak, David French, ” Madrecki, “ We’re Organizations: New, New York CNN, Trump, United States Trade Representative, Consumer Brands Association, Molson Coors, Corporate America, Lawmakers, CNN, Commerce, Companies, Republican, Financial, Democratic, Lehigh University, SUNY Buffalo, Biden, National Retail Federation Locations: New York, China, Trump

☆ Trump’s evasion of January 6 accountability will echo for next four years and generations to come
▼ + stars: | 2024-11-26 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

The federal elections case led to a Supreme Court ruling granting a president limited immunity for official acts. This is likely to reinforce Trump’s belief that he will have almost unchecked authority and will therefore reverberate through the next four years and generations to come. And by voting the way they did, Americans effectively exonerated him in the federal cases — on charges that could have landed him in jail. Drew Angerer/Getty ImagesWhat the thwarting of accountability meansThere will be short- and long-term consequences from Trump escaping accountability. But he also portrayed Trump’s evasion of a trial as a dark day for America.

Persons: Jack Smith, Donald J, Trump, Trump’s, –, “, Smith, ”, Donald Trump, Drew Angerer, ” James, Julia Chatterley, “ It’s, Tanya Chutkan, Merrick Garland, Garland, —, I’m, Steven Hirsch, ” Trump, ” Smith, Joe Biden, Dan Goldman, CNN’s Boris Sanchez Organizations: CNN, Trump, Capitol, Department, US, Hofstra University, CNN International, Democrat, Justice Department, Democrats, Democratic House, stoke, Republican Party, Republican, Manhattan Criminal, FBI, MAKE, New York Democrat, America, United Locations: United States, America, Washington ,, Washington, New York, Georgia, New York City, Florida

☆ Imran Khan supporter protests: Why Pakistan’s capital is on lockdown, with internet shutdowns and thousands marching
▼ + stars: | 2024-11-26 | by ( Helen Regan | ) edition.cnn.com time to read: +6 min

CNN —Thousands of supporters of Pakistan’s jailed former Prime Minister Imran Khan broke through barricades around the capital Tuesday and marched into Islamabad, clashing with security forces and demanding his release. The latest protests came as Islamabad bolstered security for an official visit by Belarus President Aleksandr Lukashenko, who arrived in the capital on Monday for three days of talks with Pakistan Prime Minister Shehbaz Sharif. Policemen fire tear gas shells to disperse supporters of Pakistan Tehreek-e-Insaf (PTI) party during a protest to demand the release of former prime minister Imran Khan, in Islamabad on November 26. In recent days, thousands of Khan supporters have been arrested in Punjab and Khyber Pakhtunkhwa provinces as authorities tried to prevent the protest march. Pakistan Tehreek-e-Insaf (PTI) party's supporters shout slogans as they protest to demand the release of former prime minister Imran Khan, in Hasan Abdal, on November 25.

Persons: Pakistan’s, Imran Khan, Khan, Mohsin Naqvi, Aleksandr Lukashenko, Shehbaz Sharif, Aamir Qureshi, Khan’s, Bushra Bibi, Ali Amin Gandapur, Naqvi, Hasan, Imran Khan's, ” Naqvi, “, ”, Kamran Bangash, party's, Hasan Abdal, ” Khan, Sharif, – Organizations: CNN, Authorities, Pakistan’s, Pakistan, Getty, Protesters, Reuters, Pakistan Institute of Medical Sciences, Paramilitary, “ Rangers, PTI Locations: Islamabad, Belarus, Pakistan, Peshawar, Khyber Pakhtunkhwa, –, Punjab province, Hasan Abdal, Imran Khan's Pakistan, Punjab, Rawalpindi, Hasan

☆ Chinese fast fashion may be in the line of fire in a second Trump term. Here's what Trump's tariffs could mean for Shein and Temu.
▼ + stars: | 2024-11-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

AdvertisementTrump's second term may not bode well for Chinese fast-fashion brands in the US. Gen Z-favorite brands like Shein and Temu will likely be hit hard by such tariffs. Donald Trump's victory in the presidential election could spell trouble for Chinese fast-fashion brands, particularly Gen Z-favorite budget brands like Shein and Temu. While campaigning this year, Trump said he would impose tariffs of 60% or higher taxes on Chinese products. AdvertisementAnd while Shein has become synonymous with fast fashion produced in China, it's facing rising competition from Temu.

Persons: bode, Gen, Temu, Donald Trump's, Trump, Liu Pengyu, PDD, David Jacks, Jacks, Lei Chen, PDD's, Jeffrey Towson, Emily Pfeiffer, Forrester, Pfeiffer, Jacob Cooke, Vox, Shein, Biden Organizations: National Retail Federation, Singapore's Yale, NUS College, TechMoat Consulting, Towson, Amazon, Bloomberg Locations: China, Bangladesh, Morocco, Temu

☆ Scott Turner, a former NFL player and Trump’s pick to lead Housing and Urban Development, faces a difficult task
▼ + stars: | 2024-11-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Donald Trump ran on the promise of steep government budget cuts, and some industry experts believe money flowing toward HUD could be on the chopping block. The housing agency provides rental assistance for low-income households, administers mortgage insurance to prospective homeowners and enforces fair housing law. During Trump’s first term, his office repeatedly sought to make steep cuts to HUD’s budget, though they never passed Congress. If Trump successfully implements budget cuts “there will be longer waiting lists for housing vouchers. Liz Osborn, the vice president of policy at Enterprise Community Partners, a nonprofit focused on home access and affordability, said that HUD budget cuts in Trump’s second term aren’t a guarantee, though.

Persons: Scott Turner, Donald Trump, ”, Bob Greenstein, Turner, Ben Carson, Trump’s, Carl Harris, ” Harris, Bob Broeksmit, Broeksmit, Trump, Ginnie Mae, ” Broeksmit, Elon Musk, Vivek Ramaswamy, that’s, Howard Husock, Biden, ” Husock, Husock, Liz Osborn, “, ” Osborn, ” Turner, ” Trump, JPMorgan Chase Organizations: CNN, Department of Housing, Urban Development, Brookings Institution, NFL, National Association of Home Builders, HUD, Mortgage Bankers Association, Federal Housing Administration, “ Department, Government, American Enterprise Institute, Enterprise Community Partners, White, Economic, Scott’s, Urban Institute, JPMorgan Locations: America, Trump’s

☆ Macy's $132 million mystery has auditing experts scratching their heads
▼ + stars: | 2024-11-26 | by ( Dominick Reuter | Dakin Campbell | ) www.businessinsider.com time to read: +4 min

Auditing experts told BI the available evidence suggests a failure of internal accounting controls. Following the news that Macy's discovered a sizable error in its financial records, auditing experts told Business Insider that the company must now explain how its controls broke down. Without more details, the accounting experts who spoke to BI said it is hard to understand exactly what happened. AdvertisementThe pressure will now be on Macy's auditor, KPMG, to show that it is appropriately scrutinizing Macy's accounting practices and controls, McKenna said. "I wouldn't be surprised if you'll see a material weakness in internal controls because something is not working here," McKenna said.

Persons: Macy's, Jerry Maginnis, Maginnis, Michelle Leder, Francine McKenna, McKenna Organizations: Rowan University, KPMG, BI, Sarbanes, Oxley

☆ Musk's F-35 jab could be a preview of the fights DOGE will wage to cut government spending
▼ + stars: | 2024-11-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Cookbook authors and chefs explain how you can make almost any part of your holiday meal in a Crock-Pot . Today, we're looking at what Elon Musk's jab at the F-35 says about the debate over using manned fighters or drones in warfare . AdvertisementWith promises of cutting trillions of dollars in government spending, DOGE will need to swing big. Drone usage in combat is on the rise, as is evident in the Ukraine war, and offers benefits around cost. Zoom is taking an AI-first approach to corporate communications , CEO Eric Yuan wrote in a company blog post published Monday.

Persons: Elon, Marc Piasecki, Chelsea Jia Feng, Matthew Loh, Mia Jankowicz, Donald Trump's, Lockheed Martin, Vivek Ramaswamy, Clawson, Ryan Pickrell, Mia, Justin Sullivan, he'll, Trump, Warren Buffett, he's, Pavlo Gonchar, Eric Yuan, it's, Jenny Chang, Rodriguez, Dan DeFrancesco, Grace Lett, Ella Hopkins, Amanda Yen, Jack Sommers, London.Milan Sehmbi Organizations: Business, of Government, Lockheed, Aerospace, Defense, Hezbollah, Super, Republican, Images Trump, Social, Key Square, Scott, Berkshire Hathaway, Getty Images, Communications, Aldi, Google Locations: Israel, Ukraine, Canada, Mexico, China, New York, Chicago, London, London.Milan

☆ How Bluesky rose out of Twitter's ashes to challenge X and Threads
▼ + stars: | 2024-11-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

And while these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky had experienced a previous surge in July 2023 after X, then still named Twitter, temporarily limited the number of posts users could read per day. Just days before Musk officially took over Twitter, the Bluesky team publicly unveiled more details about their project and rolled out a waitlist for the Bluesky app. Despite Bluesky starting as a side project within Twitter, the startup has lost its last connection to the original micro-blogging app. Bluesky is looking for ways to support the users "who are actually the ones making the network awesome and fun," Wang said.

Persons: Rose Wang, Elon Musk's, Bluesky, Wang, David Carr, Carr, Jay Graber, Jack Dorsey, Jay, Graber, Daniel Holmgren, Paul Frazee, Dorsey, Parag Agrawal, Musk, Nostr, Jack, we're, Mark Zuckerberg, Jack Johnston, Johnston, Gen, That's, It's, Similarweb's Carr Organizations: Twitter, CNBC, Brazilian Supreme, Google, Yahoo, Myspace, Facebook, Anthropic, Delaware State, PBLLC, Bluesky, Blockchain Capital, Blockchain, cryptocurrency Locations: Brazil, San Francisco

☆ After Trump’s Tariff Threat, Is a China Currency War Next?
▼ + stars: | 2024-11-26 | by ( Keith Bradsher | ) www.nytimes.com time to read: +1 min

Beijing has a powerful tool for responding to President-elect Donald J. Trump’s threatened new tariffs on Chinese goods: It could start a currency war, a step that poses formidable risks for China as well as the United States. Letting China’s currency, the renminbi, lose value against the dollar would be a tried and true answer to tariffs. A cheaper renminbi would make Chinese exports less expensive for overseas buyers, mitigating the harm to China’s competitiveness from Mr. Trump’s tariffs. A strategic devaluation of China’s currency, which is tightly controlled by the country’s central bank, could allow Beijing to supercharge its powerful export machine. China is poised for further gains, as its banks step up lending to build new factories.

Persons: Donald J, Trump’s, Trump Locations: Beijing, China, United States, Canada, Mexico

☆ California proposes its own EV buyer credit — which could cut out Elon Musk's Tesla
▼ + stars: | 2024-11-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Gavin Newsom plans to revive California's EV rebate if Trump ends the federal tax credit. Tesla sales in California, the US's largest EV market, have recently declined even as overall EV sales in the state have grown. Elon Musk, who has expressed support for ending the federal tax credit, said in an X post it was "insane" for the California proposal exclude Tesla. The federal electric vehicle tax credit, which was passed as part of the Biden administration's Inflation Reduction Act in 2022, provides a $7,500 tax credit to some EV buyers. The Tesla CEO said on an earnings call in July that ending the federal tax credit might actually benefit the company.

Persons: Gavin Newsom, Tesla, Elon Musk, Donald Trump, Newsom, Trump, He's, Musk, Graham Rapier, — Organizations: Trump, California Gov, Trump Administration, Reduction Fund, Bloomberg News, Business, Car Dealers, EV, Hyundai, BMW, Biden, Department of Government Locations: California, Trump's

☆ Cadillac is forming an F1 team as the USA's new love affair with the sport deepens
▼ + stars: | 2024-11-26 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementFormula 1 and General Motors announced that Cadillac will join the sport as its 11th team in 2026. The team, led by the US' most successful F1 driver, Mario Andretti, had been pushing to join the sport for several years. Andretti said on X that he will be involved in the Cadillac team but not in its day-to-day operations. Three races are now held in the country every year: the Miami Grand Prix, the United States Grand Prix in Austin, and the Las Vegas Grand Prix. The previous TV record in the US was 2.6 million viewers, which was set in 2022 for the inaugural Miami Grand Prix.

Persons: Andretti, Mario Andretti, Biden, Trump, Greg Maffei, Logan Sargeant, Williams Organizations: General Motors, Cadillac, Grands Prix, Miami, Andretti, GM, Business, Liberty Media, Miami Grand Prix, United States, Prix, Las Vegas Locations: Michigan, Colorado, Austin

☆ Miss Universe runner-up says she wasn't offended by the CEO calling the winner's blond hair and blue eyes the 'ultimate evolution' for the pageant
▼ + stars: | 2024-11-26 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

She said the Miss Universe brand didn't need to evolve because "we already got the best here." "We have blond and blue eyes, so we're coming to the ultimate evolution already," the CEO said when a reporter asked how she planned to evolve Miss Universe. "Maybe that's just her perspective; maybe that's how she felt about the evolution of Miss Universe." Raul Rocha and Anne Jakrajutatip with Miss Universe 2024 Victoria Kjær Theilvig following her crowning. Adetshina's own journey to the Miss Universe stage was tumultuous .

Persons: Anne Jakrajutatip, Victoria Kjaer, Chidimma Adetshina, Jakrajutatip's, Victoria Kjaer Theilvig, Adetshina —, I'm, Raul Rocha, Kjær Theilvig, Hector Vivas, Donald Trump Jr, Trump, Jakrajutatip, Adetshina, Miss, there's Organizations: Miss, WE, Miss Universe, Trump Jr, BI, Jakrajutatip, Miss Nigeria Chidimma Adetshina Locations: Miss Nigeria, Africa, South Africa, Nigeria

☆ Biden Cuts Intel’s Chip Award
▼ + stars: | 2024-11-26 | by ( Ana Swanson | Tripp Mickle | ) www.nytimes.com time to read: +1 min

The Biden administration said Tuesday that it would award up to $7.86 billion in direct funding to Intel, with the U.S. chip giant set to receive at least $1 billion of that money before the end of the year. The money is a reduction from Intel’s preliminary award of $8.5 billion, which President Biden announced during a visit to the company’s Arizona plant in March. The Commerce Department said it had reduced Intel’s grant because the chip maker, the biggest recipient of money under the CHIPS Act, also received a $3 billion contract to make semiconductors domestically for the military. But the Commerce Department also detailed in a project document that Intel, which is under financial pressure because of a sales slump, had extended timelines for some projects beyond a 2030 government deadline. It also reduced the estimated jobs it would create in Ohio, where it will require 3,500 fewer employees than the 10,000 it previously estimated, the Commerce Department said.

Persons: Biden Organizations: Intel, Commerce Department Locations: U.S, Arizona, United States, Ohio

☆ Luis Rubiales: After ‘years of forced silence,’ Spanish women’s soccer players speak openly about the unwanted kiss in new documentary
▼ + stars: | 2024-11-26 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

For many onlookers, the incident between Luis Rubiales and Jennifer Hermoso at the 2023 Women’s World Cup final offered momentary insight into the life of a women’s soccer player. The fallout to the Rubiales kiss only reinforced her view that this was a story that demanded a wider audience, and now was the time to tell it. Rubiales was serving as president of the Royal Spanish Football Federation (RFEF) when he kissed Hermoso during the Women’s World Cup final medal ceremony. Rubiales gives Hermoso what she says was an unwanted kiss after last year's Women's World Cup final. Vilda watches Spain's players warm up ahead of the Women's World Cup final.

Persons: wasn’t, Luis Rubiales, Jennifer Hermoso, Joanna Pardo, ”, Pardo, ” Pardo, ’, Rubiales, Hermoso, ” Rubiales, Jorge Vilda, Vilda, Alexia Putellas, Bonmatí, d’Or, – Irene Paredes, peck, Pablo Blazquez Dominguez, Sandra Paños, “, Paredes, Putellas, RFEF, coercing, Luis Jordana de Pozas, Franck Fife Organizations: CNN, Netflix, England, CNN Sport, Royal Spanish Football Federation, FIFA, Court, Getty, Sweden, Rubiales, World Locations: Eurasia, “, Spanish, Spain's, Madrid, AFP

☆ Fears of trade wars, volatility and higher inflation: What analysts are saying about Trump's tariff plans
▼ + stars: | 2024-11-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street. Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets. Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war. "There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise. Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."

Persons: Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity Organizations: Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management Locations: Mexico, Canada, China, America, Europe

The latest:Trump wants to impose 25 percent tariffs on Canada and Mexico “on ALL products coming into the United States,” he said on Truth Social. He also wants an “additional” 10 percent tariff on imports from China, which Trump blames for the fentanyl crisis, a charge that Beijing has repeatedly disputed. Europe, Japan and South Korea weren’t even mentioned in Trump’s announcement, but stocks have fallen there, too. That suggests rising fears that a new trade war could scramble global supply chains and dent profits. Automakers are some of the hardest hit stocks, with Volkswagen, Stellantis and Nissan, which run manufacturing operations in Mexico, all down.

Persons: Donald Trump’s, Trump, ”, South Korea weren’t, Scott Bessent, it’s Trump, Robert Lighthizer, Bill Ackman, ” Mohit Kumar Organizations: Trump, Investors, United States ’, —, Truth, Canadian, Volkswagen, Nissan, Treasury Department, Trade Representative, Jefferies Locations: — Canada, China, Mexico, Canada, United States, Beijing, Europe, Japan, South Korea, America

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