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☆ Why GM is sunsetting the classic Chevrolet Camaro
▼ + stars: | 2023-06-21 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +3 min

Fans like Mercado have helped keep the Camaro alive since it was introduced as a competitor to the Ford Mustang in 1966. That makes the Ford Mustang the last vehicle in the segment standing in its current gas-burning form. By that time it was lagging far behind competitors: The Ford Mustang sold 72,489 units in 2019, and the Challenger, 60,997. Sedans and smaller calls made up 43% of all vehicle sales in 2010. "Just like we've done in the past, it had a little bit of a hiatus," said Harlan Charles, product manager for Corvette and Camaro.

Persons: Francisco, Cisco, Mercado, General Motors, Dodge, Ford, That's, Harlan Charles, we'll Organizations: CNBC, Ford, General, Stellantis, Dodge, Challenger, P Global Mobility, Sports, GM, Corvette

☆ Dr. Sanjay Gupta: It’s time to rethink what we call ‘old age’
▼ + stars: | 2023-06-20 | by ( Dr. Sanjay Gupta | ) edition.cnn.com time to read: +9 min

Editor’s Note: In the new season of “Chasing Life,” CNN Chief Medical Correspondent Dr. Sanjay Gupta explores how to make the most of whatever age you’re at. Tune in to hear Dr. Sanjay Gupta interview his parents, and learn how changing our mindset around aging can influence our health and longevity. Another topic that we explore in the podcast is the idea of a midlife crisis. But Sin also told me that the whole concept of “midlife crisis” has shifted since millennials, in particular, have started hitting middle age. So what does midlife, and the midlife crisis, look like for them?

Persons: Sanjay Gupta, – I’ve, I’m, Archie Bunker, Diana Nyad, Jack LaLanne, ” We’ll, Justine Bateman, Paul Holbrook, spry, Holbrook, haven’t, Nancy Sin, Sin, ”, Dr, Becca Levy, CNN’s Andrea Kane Organizations: CNN, Pew, US Centers for Disease Control, University of British, CNN Health, Yale University Locations: University of British Columbia

☆ Biden and McCarthy's plan to change SNAP work requirements in the debt-ceiling deal could actually expand benefits — but not employment
▼ + stars: | 2023-05-31 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

She led some of her Democratic colleagues in introducing an amendment to remove the new SNAP work requirements from the debt-ceiling bill. "Come see me in a year, and I'll show you how much we actually saved," McCarthy told reporters on Tuesday night. How the work requirements will impact employmentDespite McCarthy and Republicans' belief that work requirements will bolster employment, some experts aren't so sure. Work requirements in SNAP have increased employment less; in Medicaid, they appear to have had little effect on employment." "I think it goes to the principle of this bureaucratic red tape that we call work requirements," Jayapal said.

Persons: —, Joe Biden, Kevin McCarthy, Biden, McCarthy, — McCarthy, Cori Bush, Lauren Bauer, there's, Bauer, Bernard Yaros, it's, Yaros, Congressional Progressive Caucus Pramila Jayapal, Jayapal Organizations: SNAP, CBO, Service, Supplemental, Assistance, Democratic, Office, White, Economic, Brookings Institution, The, Brookings, Moody's, Congressional Progressive Caucus Locations: Missouri, TANF

☆ Microsoft keyboard users are ‘so devastated’ after discontinuation of accessories
▼ + stars: | 2023-05-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +10 min

He switched newspapers in 1998 and bought the newer model, the Microsoft Natural Keyboard Elite. A study had shown that 22 out of 23 people preferred the geometry of the Natural Ergonomic Keyboard 4000 over the older Microsoft Natural Keyboard Pro. In 2022, he bought a Microsoft Ergonomic Keyboard for his house in Palm Beach Gardens, Florida, and another one for when he was working at a client's office. Zoom In Icon Arrows pointing outwards From top to bottom, Matt Steinhoff's home collection includes the Microsoft Ergonomic Keyboard he uses every day, a Microsoft Natural Ergonomic Desktop 7000 keyboard someone gave him and his old Microsoft Natural Ergonomic Keyboard 4000, which he keeps around as a backup. The model costs $129.99 on Amazon, twice the price of the discontinued Microsoft Ergonomic Keyboard.

☆ Americans flocked to Portugal for cheaper, more peaceful lives, but newcomers also brought crowds and drove up the cost of living
▼ + stars: | 2023-05-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +10 min

Americans have been moving to Portugal for years, and the pandemic accelerated the trend further. The Bagbys are part of a wave of Americans who have moved to Portugal, a country roughly the size of Indiana. "It's a very reasonable cost of living," Zaretsky told Insider. Zaretsky paid 600,000 euros for the house in Portugal after selling her Austin, Texas, home for $676,000. Portugal has a strong tourism economy, and its shoulder season draws large crowds, making the petite coastal country feel tight.

☆ LinkedIn lays off 716 employees, kills China jobs app
▼ + stars: | 2023-05-09 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

LinkedIn, the popular business social networking platform owned by Microsoft , will discontinue its China-specific jobs app InCareer and lay off 716 employees worldwide, the company said in a message to employees. LinkedIn launched InCareer in Dec. 2021 after sunsetting its localized LinkedIn product in China. Shares of parent company Microsoft were largely flat in pre-market trading Tuesday morning. LinkedIn will continue to operate other businesses in China, including its LinkedIn Learning product. The total number of InCareer and LinkedIn users in China was over 57 million, according to an InCareer page.

☆ 98point6 is ditching its telehealth business to sell software. Here's the presentation it used to raise $30.7 million to fuel its pivot.
▼ + stars: | 2023-05-08 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

98point6 has stopped providing virtual care and is focusing on licensing its care delivery platform. When 98point6 raised $20 million in September, it had no plans to sell its virtual care business, according to CEO Jay Burrell. Running the virtual care business took a lot more cash, though, and the digital health market was still tumbling. In March, 98point6 sold its virtual care business to Transcarent for $100 million. The fresh capital brings 98point6's total funding to $297 million, excluding the $100 million Transcarent deal, per the company.

☆ The 10 Senate seats most likely to flip in 2024
▼ + stars: | 2023-04-30 | by ( Simone Pathe | ) edition.cnn.com time to read: +19 min

The GOP needs a net gain of one or two seats to flip the chamber, depending on which party wins the White House in 2024, and it’s Democrats who are defending the tougher seats. Jim Justice announcing his Senate bid in West Virginia – the seat most likely to flip party control in 2024. In a presidential year, the national environment is likely to loom large, especially with battleground states hosting key Senate races. Two businessmen with the ability to tap into or raise significant resources could be in the mix – Eric Hovde, who lost the GOP Senate nomination in 2012, and Scott Mayer. Still, unseating Cruz in a state Trump won by nearly 6 points in 2020 will be a tall order.

President Joe Biden has said he will sign the measure if it passes both the Senate and House and reaches his desk. Supporters of repeal also said it recognized that Iraq is no longer an adversary but has become a U.S. security partner. The resolution also would repeal the Gulf War AUMF approved in 1991 after Saddam's Iraq invaded Kuwait. The Iraq AUMFs have been labeled "zombie" authorizations because they never expire but their original purpose no longer applies. In 1971, Congress voted to repeal the Gulf of Tonkin Resolution, which had provided authority for the Vietnam War.

☆ Twitter is removing a legacy blue tick program — which Elon Musk called 'deeply corrupted' — from April 1
▼ + stars: | 2023-03-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Users can now get blue checkmarks by signing up for the Twitter Blue subscription program. "On April 1st, we will begin winding down our legacy verified program and removing legacy verified checkmarks," Twitter said Thursday. It further said users can keep their blue checkmarks by signing up for its paid Twitter Blue subscription program. But, Musk announced a revamp of the verification program mere days after his purchase of the platform and announced a new paid-for Twitter Blue program that comes with blue checkmarks. Twitter now gives blue check marks to Twitter Blue subscribers with a verified phone number.

☆ AI Tech Like ChaptGPT, Bing, Bard Is a Bigger Threat Than Social Media
▼ + stars: | 2023-03-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +13 min

Nowadays, the promise of social media as a unifying force for good has all but collapsed, and Zuckerberg is slashing thousands of jobs after his company's rocky pivot to the metaverse. Much like social media in 2012, the AI industry is standing on the precipice of immense change. And as Altman and his cohort charge ahead, AI could fundamentally reshape our economy and lives even more than social media. If social media helped expose the worst impulses of humanity on a mass scale, generative AI could be a turbocharger that accelerates the spread of our faults. Social media amplified society's issues, as Wooldridge puts it.

☆ Mark Zuckerberg warns in layoffs announcement to prepare for a 'new economic reality' that could last 'many years'
▼ + stars: | 2023-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

CEO Mark Zuckerberg said Meta's "new economic reality" could last "many years" amid more layoffs. "At this point, I think we should prepare ourselves for the possibility that this new economic reality will continue for many years," Zuckerberg wrote in a Facebook post on Tuesday regarding the latest layoffs. Zuckerberg said that tough economic conditions are to blame. "A leaner org will execute its highest priorities faster," Zuckerberg wrote. "This will be tough and there's no way around that," Zuckerberg wrote.

☆ Amazon pauses construction of second headquarters in Virginia
▼ + stars: | 2023-03-03 | by ( Annie Palmer | ) www.cnbc.com time to read: +3 min

Amazon HQ2 rendering showing the Helix, which includes work space, will also be open to the public select weekends every month. Amazon is pausing construction of its second headquarters, dubbed HQ2, in Virginia, the company confirmed to CNBC. John Schoettler, Amazon's real estate head, said in a statement the company is pushing out the groundbreaking of PenPlace, the second phase of the sprawling northern Virginia campus. "Our second headquarters has always been a multi-year project, and we remain committed to Arlington, Virginia, and the greater Capital Region." Amazon selected Arlington as the site of HQ2, in addition to the Long Island City neighborhood of Queens, New York, as part of a closely watched, splashy search for a second headquarters that kicked off in 2017.

☆ One of Elon Musk's most loyal employees was fired at Twitter. Here's how she went from surviving layoffs to the chopping block in the span of a few months.
▼ + stars: | 2023-02-27 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Crawford spent over two years at Twitter, according to her LinkedIn, working on projects like Twitter Blue and Spaces. Insider's Kali Hays first reported in January that 50 people on Twitter's product team were set to be let go. Following the first round of layoffs in November, The Verge reported Crawford told employees at Twitter that mass firings were "required" for Twitter to survive, which distanced herself from her colleagues. Unnamed employees at Twitter acknowledged this prominence in the FT report, saying she and Musk began working closely following the takeover. "She has become a bit of an interpreter between Elon and the product team," one senior staffer told FT.

☆ Trump joins Mitch McConnell in bashing Rick Scott's Social Security and Medicare plans, telling him to 'be careful': 'THERE WILL BE NO CUTS!'
▼ + stars: | 2023-02-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Donald Trump bashed Sen. Rick Scott's plans to sunset Social Security and Medicare on Truth Social. "Be careful, Rick, and most importantly, fight for Social Security and Medicare," Trump wrote. Trump has previously expressed his belief that Social Security and Medicare should be preserved. Save Social Security, don't destroy it." "I will not negotiate whether or not we pay our debt," Biden said.

☆ Republican senators want Mitch McConnell and Rick Scott to stop their 'petty bickering': 'Can't we all just get along?'
▼ + stars: | 2023-02-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Mitch McConnell and Rick Scott are feuding over the Florida Republican's "12 point plan" yet again. "I don't think we need petty bickering within the Republican conference," said Sen. Cruz of Texas. Andrew Caballero-Reynolds/AFP via Getty Images"They're good at that," observed Republican Sen. Mike Braun of Indiana, referring to Biden's use of the plan. mused Republican Sen. Mike Lee of Utah on Twitter over the weekend. "If you want to go out and say that you want to change Social Security and Medicare, go right ahead," said Hawley.

☆ The Democrats' latest strategy is making Marjorie Taylor Greene the face of the GOP
▼ + stars: | 2023-02-14 | by ( Madison Hall | ) www.businessinsider.com time to read: +5 min

But that could come back to haunt Republicans as Democrats increasingly try to paint her as one of the faces of the party. And while many Republicans came out against the plan, Democrats — especially President Joe Biden — have used it as a cudgel against the GOP. And while Democrats lost control of the House, they lost far fewer seats than expected, partly due to utilizing Scott's messaging against the GOP. Democrats can use Greene to their advantageNow as Greene continues to gain power and authority in the GOP and Congress, Democrats have the opportunity to use her own actions and words against the GOP as a whole. There's the possibility that giving Greene larger platform could backfire on Democrats.

☆ Republicans called Biden a 'liar' for saying some of them wanted to sunset Social Security and Medicare. But there are several examples of lawmakers supporting cuts or weakening programs.
▼ + stars: | 2023-02-09 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Speaker Kevin McCarthy has said cuts to Social Security and Medicare are off the table. House Speaker Kevin McCarthy has insisted that cuts to Medicare and Social Security are off the table. But there are several examples of Republicans suggesting cutting or weakening Social Security, Medicare, and Medicaid. "I want to save Social Security," Johnson said, according to local WKOW. It also involved decreasing Social Security benefits over time and for higher-earning retirees, as well as increasing Medicare premiums for some.

☆ State of the Union brings brief unanimity on Social Security, Medicare. Why experts say there's still reason to worry
▼ + stars: | 2023-02-08 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

That would include Social Security and Medicare. The Republican Study Budget Committee, which included a host of House GOP leaders, has also suggested other changes — raising the retirement ages for both Social Security and Medicare, as well as changing the measurement for annual Social Security cost-of-living adjustments. More recently, former Vice President Mike Pence called for reforming Social Security with the creation of private savings accounts. Rep. John Larson, D-Conn., has led a House bill that would apply reapply payroll taxes on $400,000 in earnings while also making benefits more generous. Biden similarly proposed expanding benefits and increasing payroll taxes on high earners during his presidential campaign.

☆ Why Biden's plan to make monthly student-loan payments cheaper could end up sticking borrowers with the same repayment struggles they've had for decades
▼ + stars: | 2023-02-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

For years, income-driven repayment plans for student-loan borrowers were not working as intended. That's why Biden introduced a proposal to reform those plans and make monthly payments cheaper. Angel said they were advised by a customer service representative at a student-loan company to stay in school to defer the loan payments. But after so many years of failures with IDR plans, Chingos said he's concerned not much will change. According to NPR, three student-loan companies weren't tracking the payments borrowers were making under the plan, and low-income borrowers who were making $0 monthly payments were hurt the most.

☆ Alphabet to cut staff of health sciences unit Verily by 15%
▼ + stars: | 2023-01-11 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

In an email to employees on Wednesday, Verily CEO Stephen Gillett said the company will lay off 15% of its staff in a restructuring move, as it strives for financial independence from parent company Alphabet . Verily, which specializes in health sciences, is one of Google's sister companies, operating within Alphabet’s "Other Bets" category. It's the first known layoff to hit the Google parent company following a wave of industry layoffs and fears of a recession. Gillett’s note stated that it will be "reducing or sunsetting" some parts of the business while increasing investment in others. Those who work out of the U.S. will hear from their business leaders on Wednesday or Thursday, the note stated.

☆ Here's why the U.S. electric grid isn't running on 100% renewable energy yet
▼ + stars: | 2022-12-29 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +15 min

Intermittency and transmissionOne of the biggest barriers to a 100% renewable grid is the intermittency of many renewable power sources. Wind resources in the United States, according to the the National Renewable Energy Laboratory, a national laboratory of the U.S. Department of Energy. National Renewable Energy Laboratory, a national laboratory of the U.S. Department of Energy. Solar resources in the United States, according to the the National Renewable Energy Laboratory, a national laboratory of the U.S. Department of Energy. National Renewable Energy Laboratory, a national laboratory of the U.S. Department of Energy.

WASHINGTON — With the 2022 election over, Congress will return to work Monday with a packed to-do list for the final weeks of the year. Joe Manchin, D-W.Va., and Susan Collins, R-Maine, is expected to get a vote in the lame duck session. A package of revisions to the bill easily cleared the Senate Rules and Administration Committee on a 14-1 vote in September. Same-sex marriage billThe House has passed a bipartisan bill to codify federal recognition of same-sex marriage. The Senate punted it to the lame duck session, with the leader of the effort, Sen. Tammy Baldwin, D-Wis., saying the chamber needed more time to secure 60 votes.

☆ Rick Scott claims he doesn't 'know one Republican who wants to change' Social Security after Ron Johnson floated proposals to put the program's spending in flux
▼ + stars: | 2022-11-06 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Sen. Rick Scott said he doesn't know any Republicans who want to change Social Security or Medicare. They have also suggested raising the age to collect Social Security and raising health insurance premiums for seniors. Democrats have honed in on the line about Social Security spending, using it to campaign against Republicans. On NBC News' "Meet the Press" on Sunday, host Chuck Todd asked Scott about his position on Social Security. Why put Social Security into the political arena every five years?

☆ The era of quiet quitting is already over
▼ + stars: | 2022-10-26 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

One of the first documented cases of quiet quitting was a recruiter I'll call Justin. It was Justin, in fact, who helped spark the national debate that's been raging over quiet quitting. When a popular career coach on TikTok riffed on my story, the phrase "quiet quitting" became something of a new cultural dividing line. But by the time the US was furiously debating his new approach to work, Justin was already shifting gears. "Reading the tea leaves, we could be in for a difficult 2023," Bryan Creely, the career coach who coined the term quiet quitting, told me.

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