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☆ Opinion: The magic art of changing your mind
▼ + stars: | 2024-05-04 | by ( Opinion Tess Taylor | ) edition.cnn.com time to read: +7 min

The poem shows a human speaker in the vulnerable act of changing their mind. Keats doesn’t want to be in the sky, eternally (and probably uncomfortably) unblinking, or even to be an “Eremite,” — which is just a fancy word for hermit. Keats doesn’t want to be distant at all, it turns out. It was the poem’s role to change its mind out loud, by setting out one way and then changing course. I’m not saying that poetry doesn’t have a place to hold our rage.

Persons: Tess Taylor, John Keats, Tess Taylor Adrianne, Keats, Keats doesn’t, he’d, He’s, what’s, certainties, ”, —, WB Yeats, I’m Organizations: “, CNN, Hulton, Twitter, WB Locations: absolutes

☆ Kendrick Lamar and Drake's beef explained, from its 2013 origins to their diss tracks "Push Ups" and "6:16 in LA" and latest responses
▼ + stars: | 2024-05-04 | by ( Ayomikun Adekaiyero | Eve Crosbie | ) www.businessinsider.com time to read: +26 min

Both rappers released diss tracks that took blistering personal shots on Friday night. "He doesn't have the heart for the lying, disrespect, and animosity it requires to make an effective diss track," Pierre wrote. Later in the track, Drake references Cole's diss track and apology. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. "6:16 in LA" also parodies Drake's song titles, which often feature location names and timestamps.

Persons: Kendrick Lamar, Drake's, Drake, —, Lamar's fiancée Whitney Alford, Lamar, Aubrey Drake Graham —, Lamar dissed Drake, J, Cole, Rick Ross, Cole —, Taylor, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, Prince, Mike Jack, Prince . Prince, “, rics, Organizations: Metro Boomin, Service, Future, Metro, HBO, Drake, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, LA, Florida

☆ Congressman appears to praise University of Mississippi students, including one making monkey gestures, who taunted a lone Black Gaza protester
▼ + stars: | 2024-05-04 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

Rep. Mike Collins appeared to praise University of Mississippi students for racist chants. A video on X showed students engaging in racial taunts towards a Black war protester. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican Rep. Mike Collins appeared to praise a large group of University of Mississippi students who taut a Black student protesting the Israel-Hamas war.

Persons: Mike Collins, Collins, —, Ole, University of Mississippi Chancellor Glenn Boyce, Ole Miss, JiL9hs2pHz — Organizations: University of Mississippi, Service, Republican, TMZ, Associated Press, Washington Post Locations: Israel, Georgia

☆ N.Y.P.D. Says Police Officer Accidentally Fired Gun Inside Columbia Building
▼ + stars: | 2024-05-03 | by ( Andrés R. Martínez | More About Andrés R. Martínez | ) www.nytimes.com time to read: +1 min

An officer whose gun went off inside a Columbia University building this week fired it accidentally as the police were removing pro-Palestinian protesters from the campus, the New York Police Department said on Thursday. The officer, who was not identified, was approaching a barricade on the first floor of Hamilton Hall when he fired his gun, which had a flashlight on it, the police said. The shooting was captured on the officer’s body camera, which was handed over to the Manhattan district attorney’s office. The episode did not come to light until Thursday, when The City, a local news organization, published a story that said a shot had been fired inside Hamilton Hall on Tuesday as police cleared the Columbia campus of protesters. It was the second time in two weeks that Columbia officials asked the police to enter the Manhattan campus to remove demonstrators.

Organizations: Columbia University, New York Police, Hamilton Hall, Hamilton, Columbia Locations: Manhattan, The City

☆ Turkey's inflation accelerates to nearly 70% in April
▼ + stars: | 2024-05-03 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday. On a monthly basis, Turkey's inflation increased 3.18%, led by price rises in alcoholic beverages and tobacco, and hotels, cafes and restaurants. April's inflation rate marks the highest annual increase since November 2022, when inflation was around 85%. But any hopes of interest rate cuts are a long way off, economists said. Turkey's central bank has hiked its key interest rate to 50%, citing the continuing need to counter climbing inflation in the country.

Persons: Kemal Ataturk, April's, Liam Peach Organizations: Turkish, Turkish Statistical Institute, Economics Locations: Turkish, Sisli, Istanbul, Turkey, London

☆ Opinion: Hope Hicks’ testimony was a nightmare for Trump
▼ + stars: | 2024-05-03 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +4 min

CNN —It’s a cliché to say that electricity surged through a courtroom — but it did when Hope Hicks took the stand Friday morning for her testimony in the election interference trial of former President Donald Trump. That is because as special counsel for the first Trump impeachment, I took her testimony on the alleged 2016 election influence scheme. When I took Hicks’ testimony for the impeachment proceedings, I found her to be a compelling witness, and the same was true Friday. Trump appeared to nod off repeatedly, including during Hicks’ testimony about how she first learned of the Daniels story. !” Asleep or awake, for Trump, Hicks’ testimony was a nightmare.

Persons: Norman Eisen, “, Donald Trump, CNN —, Hope Hicks, Norm Eisen, Hicks, ”, Trump, Stormy Daniels, –, Daniels, ” Hicks, Matthew Colangelo, Michael Cohen, Cohen, — Organizations: CNN, Trump, Washington Post, Twitter, Facebook Locations: East

☆ Where Protesters on U.S. Campuses Have Been Arrested or Detained
▼ + stars: | 2024-05-02 | by ( The New York Times | ) www.nytimes.com time to read: +2 min

Campuses Have Been Arrested or DetainedPolice officers and university administrators have clashed with pro-Palestinian protesters on a growing number of college campuses in recent weeks, arresting students, removing encampments and threatening academic consequences. More than 2,300 people have been arrested or detained on campuses across the country. Tenn. Texas Utah Vt. Va. Wash. W.Va. Wis. Wyo. Tenn. Texas Utah Vt. Va. Wash. W.Va. Wis. Wyo. Since then, tensions between protesters, universities and the police have risen, prompting law enforcement to take action in some of America’s largest cities.

Persons: Columbia Dartmouth Emerson Emory F.S.U, Conn ., South Carolina U.S.F ., Madison U.S.C, Austin U.T, Dallas V.C.U, Yale P.S.U, Iowa Kan Organizations: Protesters, Police, Cal Poly Humboldt Case, Columbia Dartmouth, Fordham Indiana Univ . New, State Northeastern Northern Ariz ., State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony, State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony Brook New Paltz Tulane U.C.L.A, Buffalo Univ, Arizona Univ, Conn . Univ, Minnesota U.N.H, New Mexico Notre Dame Univ, South Carolina U.S.F, Tennessee Univ, Utah U.W, Virginia Tech, Yale, Pitt Univ, Virginia Art, Hawaii Idaho Ill, N.D . Ohio Okla, Columbia University Locations: U.S, N.Y.C . N.C, State Northeastern Northern, State Northeastern Northern Ariz . Univ, State Northeastern Northern Ariz . Univ . Ohio State Princeton Stony Brook, Hill, Arizona, Colorado, Conn, Florida, Georgia, Illinois U.M.W, Minnesota, New Mexico, South Carolina, Tennessee, Utah, U.T, Virginia, Michigan, Chicago Ala . Alaska, Calif, Colo, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, A.S.U, Gaza, America’s

☆ Peggy Mellon Hitchcock, Who Helped Timothy Leary Turn On, Dies at 90
▼ + stars: | 2024-05-02 | by ( Penelope Green | More About Penelope Green | ) www.nytimes.com time to read: +1 min

Peggy Mellon Hitchcock, the energetic scion of a storied wealthy family who funded Timothy Leary’s psychedelic adventures — and famously helped him find the spot to do so, at her brothers’ estate in Millbrook, N.Y. — died on April 9 at her home in Tucson, Ariz. She was 90. Ms. Hitchcock had been suffering from endometrial cancer. Timothy Leary hadn’t yet been thrown out of Harvard for his experiments with psychedelic drugs when he met Ms. Hitchcock one weekend at the apartment of Maynard Ferguson, the jazz trumpeter and bandleader, in the Riverdale section of the Bronx. “Pretty Peggy Hitchcock was an international jet-setter,” Mr. Leary wrote in his 1983 autobiography, “Flashbacks,” “renowned as the colorful patroness of the livelier arts and confidante of jazz musicians, racecar drivers, writers, movie stars. Stylish, and with a wry sense of humor, Peggy was considered the most innovative and artistic of the Andrew Mellon family” — that is, the family of the Pittsburgh industrialist who was secretary of the Treasury under three presidents.

Persons: Peggy Mellon Hitchcock, Timothy, —, Sophia Bowart, Hitchcock, Timothy Leary hadn’t, Harvard, Maynard Ferguson, Peggy Hitchcock, Mr, Leary, ”, Peggy, Andrew Mellon Organizations: Pittsburgh Locations: Millbrook, N.Y, Tucson, Ariz, Riverdale

☆ Woman Who Sold Misbranded Ozempic on TikTok Faces Smuggling Charge
▼ + stars: | 2024-05-02 | by ( Matthew Mpoke Bigg | More About Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

A woman in New York who was using TikTok to sell unauthorized weight-loss drugs, including products labeled Ozempic, is facing charges of smuggling and receiving and distributing misbranded drugs, federal prosecutors said. The arrest on Wednesday of Isis Navarro Reyes, 36, who also went by Beraly Navarro and, according to prosecutors, was not licensed to administer medication, followed an investigation that involved an undercover officer. Late last year, the officer sent a message to a cellphone number listed by her at the end of a TikTok video. In the video, Ms. Reyes, of Shirley, N.Y., on Long Island, showed her viewers how to inject what she claimed was Ozempic and shared her experience using the drug. In January, after exchanging messages with Ms. Reyes, the officer asked to buy some Ozempic, a drug for diabetes that has become popular for weight loss.

Persons: Isis Navarro Reyes, Beraly Navarro, Reyes Organizations: Southern, of Locations: New York, Shirley, N.Y, Long, of New York

☆ Robert Oxnam, China Scholar Beset by Multiple Personalities, Dies at 81
▼ + stars: | 2024-05-02 | by ( Richard Sandomir | More About Richard Sandomir | ) www.nytimes.com time to read: +1 min

Robert B. Oxnam, an eminent China scholar who learned through psychotherapy that his years of erratic behavior could be explained by the torment of having multiple personalities, died on April 18 at his home in Greenport, N.Y., on the North Fork of Long Island. In the 1ate 1980s, Dr. Oxnam was president of the Asia Society, a television commentator and an accomplished sailor. In his 2005 book, “A Fractured Mind: My Life With Multiple Personality Disorder,” Dr. Oxnam recalled the session when Tommy first spoke to Dr. Smith. All that Dr. Oxnam could remember from the 50-minute session, he wrote, was telling the psychiatrist that he didn’t think the therapy was working for him. But Dr. Smith told him that he had been speaking to Tommy all that time.

Persons: Robert B, Vishakha Desai, Oxnam, Jeffery Smith, Bobby, Tommy, Smith Organizations: Asia Society Locations: China, Greenport, Long

☆ Tesla retreats from next-generation ‘gigacasting’ manufacturing process
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: +4 min

Employees of the Tesla Gigafactory Berlin Brandenburg work on a production line of a Model Y electric vehicle. Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition. Tesla has been a leader in gigacasting, a cutting-edge technique that uses huge presses with thousands of tons of clamping pressure to die-cast large sections of the car's underbody. One of the two sources familiar with the automaker's gigacasting operations said the suppliers involved are now adapting Tesla's three-piece process for the next-generation vehicle. Both sources said the automaker decided last autumn to halt work on the more innovative and difficult one-piece casting process.

Persons: Tesla, Elon Musk Organizations: Tesla, Brandenburg, Reuters Locations: gigacasting

☆ Veteran Collected Benefits After Lying About Purple Heart, U.S. Says
▼ + stars: | 2024-05-01 | by ( Claire Fahy | More About Claire Fahy | ) www.nytimes.com time to read: +1 min

A woman in upstate New York was arrested on Wednesday and charged with fraudulently claiming to be a Purple Heart recipient, federal prosecutors said. The woman, Sharon Toney-Finch, 43, of Newburgh, N.Y., defrauded military charities and the Department of Veterans Affairs by lying about having received the Purple Heart, a military award given to those wounded or killed in action, Damian Williams, the U.S. attorney for the Southern District of New York, said in a statement. Ms. Toney-Finch claimed that she had survived a terrorist attack on her convoy in Iraq while serving a tour in March 2010, the statement said. She also claimed to have been wounded in a mortar attack the preceding February. In March 2016, Ms. Toney-Finch began collecting disability benefits from the department after lying about getting injured during her military service, federal prosecutors said.

Persons: Sharon Toney, Finch, Damian Williams, Ms, Toney Organizations: Department of Veterans Affairs, Southern, of Locations: New York, Newburgh, N.Y, U.S, of New York, Iraq

☆ 'Tough near-term setup': Here's what Wall Street expects from Apple's 2nd-quarter earnings
▼ + stars: | 2024-05-01 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Investors are focused on Apple's iPhone sales in China as competition ramps up. Here's what Wall Street expects from Apple's upcoming earnings report. Here are the quarterly figures Wall Street expects, according to data from Bloomberg. Here's what Wall Street analysts are saying about Apple's upcoming earnings report. The firm said Wall Street estimates on Apple are too high, with analysts underestimating the ongoing weakness in China.

Persons: —, Wells, Wells Fargo, shouldn't, Goldman Sachs, underwhelming Organizations: Apple, Investors, Service, Bloomberg, Revenue, Huawei, Barclays, Better, JPMorgan Locations: China, Wells Fargo, Wells, C1Q, Apple's

☆ Fisker's woes are another reason to consider leasing an EV over buying
▼ + stars: | 2024-05-01 | by ( Graham Rapier | ) www.businessinsider.com time to read: +4 min

There are several reasons to consider leasing an EV over buying. To be sure, the vast majority of EV owners don't have to worry about the maker of their vehicles imminently going out of business. AdvertisementUsed EV prices are a huge question markThere's limited data on EV resale prices. Pre-owned EV prices have fallen in line with new EV prices. EV leasing is growing in popularityLeasing an EV is no longer a niche concept.

Persons: —, Fisker, Cox, Polestar, Paul Jacobson Organizations: Service, EV, Leasing, International Energy Agency, American, Tesla, Cox Automotive, Electrek, Lease

☆ Rep. Torres on 'antisemitism monitor' bill: The status quo is fundamentally failing Jewish students
▼ + stars: | 2024-05-01 | 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 EmailRep. Torres on 'antisemitism monitor' bill: The status quo is fundamentally failing Jewish studentsRep. Ritchie Torres (D-N.Y.) and Rep. Mike Lawler (D-N.Y.) join 'Squawk Box' to discuss details of a bipartisan legislation to create federally sanctioned 'third party antisemitism monitor' to select college campuses that are federally funded, the rise of antisemitism on college campuses, and more.

Persons: Torres, Ritchie Torres, Mike Lawler Organizations: Rep

☆ House Democratic leaders say they would help save Speaker Mike Johnson's job
▼ + stars: | 2024-04-30 | by ( Kyle Stewart | Sarah Mimms | ) www.cnbc.com time to read: +2 min

US House Minority Leader Hakeem Jeffries(L) hands newly elected House Speaker Mike Johnson the gavel at the US Capitol in Washington, DC, on October 25, 2023. WASHINGTON — House Democratic leadership said in a joint statement Tuesday that they would vote to help save Speaker Mike Johnson if Rep. Marjorie Taylor Greene, R-Ga., moves to oust him. "From the very beginning of this Congress, House Democrats have put people over politics and found bipartisan common ground with traditional Republicans in order to deliver real results," House Minority Leader Hakeem Jeffries, D-N.Y., Minority Whip Katherine Clark, D-Mass., and Caucus Chair Pete Aguilar, D-Calif., said. "At the same time, House Democrats have aggressively pushed back against MAGA extremism. The statement from Jeffries and his leadership team Tuesday is the strongest signal on how House Democrats would react to a move to oust the speaker.

Persons: Hakeem Jeffries, Mike Johnson, Marjorie Taylor Greene, Katherine Clark, Pete Aguilar, Johnson, Greene, President Biden, Jeffries, MAGA Organizations: WASHINGTON — House Democratic, House Democrats, Democrats, MAGA, Democratic, Israel, Republicans Locations: Washington ,, D, Ukraine, U.S, MAGA

☆ Musk lays off Tesla senior executives in fresh job cuts, The Information reports
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

Tesla and SpaceX's CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Elon Musk has dismissed two Tesla senior executives and plans to lay off hundreds more employees, frustrated by falling sales and the pace of job cuts so far, The Information reported on Tuesday, citing the CEO's email to senior managers. Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, will leave on Tuesday morning, the report said. Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group, The Information said. Tesla, which had 140,473 employees globally as of end-2023, did not immediately respond to a Reuters' request for comment.

Persons: Tesla, Elon Musk, Rishi Sunak, Rebecca Tinucci, Daniel Ho, Musk, Ho, Rohan Patel, Tinucci, — Patel, Drew Baglino — Organizations: British Locations: London, China, Beijing, India

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Meta's AI search is weird and uncanny — and I'm not sure who it's for
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementFacebook, WhatsApp, and Instagram have integrated Meta AI into the search fields of their mobile apps. The search bar in the Facebook and Instagram apps is one place you probably know very well. You come to the Facebook search bar to type in the name of your local Buy Nothing group, but instead, you see an animated blue circle with "Ask Meta AI anything." The search bar on the Facebook app now has AI prompts. Instagram search suggestions are slightly more Instagram-y.

Persons: Instagram, —, Meta, Pew, ike, .. F, els Organizations: Service, Facebook, Fast Company, rit, up id, Meta Locations: uri

☆ GM and Ford's gas-powered profits and hybrid successes show how hard it will be for Tesla to weather an EV slowdown
▼ + stars: | 2024-04-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Tesla finally has to deal with the EV slowdown. The EV company can't rely on hybrids and gas cars like competitors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Both Ford and GM exceeded analyst expectations for the first quarter thanks to cost cutting and stronger demand for gas-powered cars. But the tables have turned now as traditional automakers are able to tap into a newly popular segment unoccupied by Tesla: hybrids.

Persons: Tesla, Musk, —, Elon, Mary Barra, Barra, ruffle Musk Organizations: EV, Service, Ford, GM Locations: North America

☆ Amazon says more packages are arriving in a day or less after hefty investment in speedy fulfillment
▼ + stars: | 2024-04-29 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Products are seen at an Amazon fulfillment center where they are being sorted and shipped out as same-day orders during Cyber Monday at the Same-Day Delivery Facility Fulfillment Center in Tampa, Florida, on Nov. 27, 2023. The company has said it wants to make same- and next-day delivery the standard, and it plans to double the number of same-day delivery facilities in the U.S. within the next few years. Amazon has already stood up more than 55 same-day delivery sites in the U.S., primarily clustered around major metro areas. Same-day sites also condense the fulfillment process, typically spread across multiple Amazon facilities under one roof. Amazon has bolstered investment in fast shipping as traditional retail rivals Walmart and Target have stepped up their delivery game.

Persons: Andy Jassy Organizations: U.S, Amazon, Amazon's, RBC Capital, Walmart, Target Locations: Tampa , Florida, U.S

New York University officials will move to discipline student demonstrators who remain in a pro-Palestinian encampment on campus, the university announced in a statement on Monday. The encampment was erected on Friday, as similar sites spread on college campuses across the country, following Columbia University’s lead. Students removed their tents on Friday as N.Y.U. demanded but continued to stay overnight at the encampment. By Monday afternoon, students had not responded and had remained at the site, John Beckman, a university spokesman, said in the statement.

Persons: Columbia University’s, John Beckman, ” Organizations: New York University Locations: Columbia

☆ Monday's analyst calls: Apple gets a big upgrade, headwinds seen for Lululemon and Tesla
▼ + stars: | 2024-04-29 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Monday's analyst calls included an upgrade to Apple and a move in the opposite direction for athleisure giant Lululemon and electric car marker Tesla. The firm downgraded Ulta stock to equal weight from overweight, and lowered its price target to $434 per share from $612. — Brian Evans 6:30 a.m. Evercore slashes Tesla price target Evercore ISI says its forecast for Tesla stock is due for an update as headwinds from the start of the year converge and pressure the electric vehicle company. Apple stock has pulled back 12.1% in 2024 but was up 1.7% in premarket trading Monday. Lululemon stock has slipped nearly 29% in 2024 and was off 1.9% premarket Monday.

Persons: Bernstein, Toni Sacconaghi, Barclays downgrades Ulta, Adrienne Yih, Yih, — Brian Evans, Chris McNally, McNally, Bernstein's Toni Sacconaghi, Sacconaghi, Barclays downgrades Lululemon, headwinds, LULU Organizations: CNBC, Apple, Tesla, Barclays, ISI Locations: China, Friday's, Mexico

☆ Elon Musk wins official praise for Tesla during surprise visit to China
▼ + stars: | 2024-04-29 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Autopilot is available in China, but not the full FSD feature, which needs to comply with the country’s data security rules. “The economies of China and the United States are deeply integrated,” he said, according to an official readout of the meeting with the Tesla CEO. “Tesla is willing to further deepen cooperation with China and achieve more win-win results,” Musk told Li. Musk first met Li in 2018, when Tesla signed a deal with the Shanghai government to open a plant there. Since then, Musk has met with Li publicly at least five times, according to state media reports and government statements.

Persons: Hong Kong CNN — Elon Musk, Premier Li Qiang, Tesla, Musk, ”, Dan Ives, that’s, Ives, Antony Blinken, Xi Jinping, Li, China’s BYD, “, ” Musk, Tesla’s, Ren Hongbin, Li Qiang Organizations: Hong Kong CNN, Premier, China Association of Auto Manufacturers, Baidu, Bloomberg, CNN, Beijing Auto, EV, Wedbush Securities, China Council, Promotion of International Trade Locations: China, Hong Kong, Beijing, United States, Shanghai, Weibo

☆ Musk makes surprise visit to Beijing as Tesla's China-made cars pass data security rules
▼ + stars: | 2024-04-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — Local Chinese authorities have removed restrictions on Tesla cars after the company's China-made vehicles passed the country's data security requirements, the automaker said Sunday. Although Tesla's electric cars are some of the most popular vehicles in China, they have reportedly been banned from some government-related properties due to concerns about what data the U.S.-based automaker can collect. Tesla's press release did not specify which local authorities had removed restrictions on the cars. The Biden administration earlier this year announced a probe into whether imported cars from China pose national security risks due to their ability to potentially collect data about the U.S. and send it back to China. Tesla's vehicles were not the only ones that passed the data security rules.

Persons: Elon Musk, Tesla, Porte, Premier Li Qiang, Biden, Li Auto, Nio Organizations: Twitter, Viva Technology, Porte de, BEIJING — Local, Premier, Tesla's, China Association of Automobile Manufacturers, National Computer Network, Coordination Center of China Locations: Paris, France, BEIJING, China, Beijing

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