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☆ Madonna greatest hits tour to feature 40 songs and a 'time machine'
▼ + stars: | 2023-10-13 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +2 min

[1/3] Madonna performs at the 2019 Pride Island concert during New York City Pride in New York City, New York, U.S., June 30, 2019. "Madonna has very high expectations of how much hard work people will put into something. Tour organisers said Madonna would perform on "4,400 square ft. of stage, the largest for any Madonna tour", which nods to the grid of Manhattan. "The person that is going to take the stage looks incredible, sounds incredible, performs incredible," Price told the BBC, who quoted him as saying the concerts will feature more than 40 Madonna songs, with over half performed in full. On Thursday she posted a blurred photo of herself with the caption "2 more days…………… #madonnacelebrationtour" alongside a party-popper emoji.

Persons: Britain's, Stuart Price, Madonna, Price, popper, Marie, Louise Gumuchian, Alison Williams Organizations: New York City Pride, REUTERS, London's O2, Britain's BBC, O2, BBC, Thomson Locations: New York City , New York, U.S, Manhattan, Vancouver, New York

☆ Americans are flocking to Mexico City where rent is cheaper and life is more laid-back—for locals, it’s complicated
▼ + stars: | 2023-10-12 | by ( Celia Fernandez Tasia Jensen Beatriz Bajuelos Castillo | Celia Fernandez | Tasia Jensen | ) www.cnbc.com time to read: +18 min

Moran moved to Mexico City in 2019 and is now a permanent resident and lives with Dai, her Mexican boyfriend. "When North Americans come to Mexico, especially to Mexico City, they do not come for survival reasons," Osorno says. Alberto Martinez believes that the Mexican government needs to come up with a way to control rent prices in Mexico City. In 2022, the Mexico City government partnered with Airbnb to promote the city as a global remote working hub. In 2022, Airbnb and Mexico City announced a partnership that caused an uproar among CDMX locals.

Persons: it's, Gene Kim, Kyla Moran, Moran, Dai, Tasia Jensen, Beatriz Bajuelos, Hutchins, Caitlin Hutchins, Cora, Victor, Adalia, —, Aborisade, Hutchins isn't, I'm, Keith Brown, Brown, George Floyd, There's, doling, I've, Darnell, Tiara Darnell, Guillermo Osorno, Frida Kahlo, Diego Rivera, Leticia Lozano, Lozano, Anais Martinez, Martinez, It's, Leticia Lozano López, Alberto Martinez, Airbnb, Lozano López Organizations: CNBC, Mexico City, Black American, Spanish, U.S, Spotify, National Institute of Statistics, Human Rights, Osorno, Roma, Mexico's Foreign Affairs, New, of Labor Statistics, National Autonomous University of Mexico, The New York Times, Urban Regeneration, MIT, Airbnb, Nurphoto Locations: Mexico City, Mexico's, Ciudad, North America, Mexico, U.S, American, Hutchins, North Carolina, Texas, Mexico City's, United States, Buffalo , New York, Buffalo, Roma Norte, La, Osorno, Tourism Secretarait, Mexican, New York City, —, La Condesa, Airbnb, Latin America, Barcelona, Florence, Congress

☆ Canadian union Unifor strikes at GM after contract talks fail
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

GM was disappointed about being unable to reach a deal at this time but will continue to negotiate with Unifor, the automaker said in a statement. Unifor represents about 18,000 workers at the Canadian facilities of the Detroit Three automakers, which also include Ford (F.N) and Chrysler parent Stellantis (STLAM.MI). Unifor last month ratified a new three-year contract with Ford that offered wage increases of up to 25% to more than 5,600 workers at its Canadian facilities. Unifor said last week that GM was "resisting" a number of important elements of its agreement with Ford. The union had chosen the company as its second bargaining target of the Detroit Three automakers after Ford.

Persons: Mark Blinch, Unifor, Lana Payne, Mack Trucks, Jason Gale, ” Unifor, Shivansh Tiwary, Jyoti Narayan, Christian Schmollinger, Jamie Freed Organizations: General Motors, REUTERS, General, North, Unifor, Detroit Three, Ford, Chrysler, United Auto Workers, UAW, Volvo Group, Detroit, Thomson Locations: Oshawa, St, Catharines, Woodstock, United States, Canada, Ontario, Bengaluru

☆ PepsiCo beats Wall Street estimates, raises earnings outlook
▼ + stars: | 2023-10-10 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts' expectations and raised its outlook for its full-year earnings. Shares of the company rose 2% in premarket trading. Pepsi's North American beverages unit reported volume declines of 6%. Quaker Foods North America's volume rose 1%, while Frito-Lay North America's volume was flat. Quaker Foods' brands also gained market share in key categories, like pancake mix and syrup, executives said in prepared remarks.

Organizations: Pepsi, PepsiCo, LSEG, Gatorade, Taco Bell, Quaker, Frito, Quaker Foods Locations: Crockett , California

☆ Pepsi says people are skipping meals — and it's great for business
▼ + stars: | 2023-10-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

PepsiCo says the impact of weight-loss drugs on its sales has so far been "negligible." Analysts say companies will have plenty of time to prepare for the impact of weight-loss drugs. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisement"This is not going to have a material impact on the food industry in the next six months to one year," CFRA analyst Arun Sundaram told Insider. "The food industry overall will continue to evolve and innovate," he added.

Persons: —, Ramon Laguarta, Sabra hummus, Laguarta, Arun Sundaram Organizations: PepsiCo, Analysts, Service, Nordisk, North Locations: AlphaSense

☆ Capitalize on once-in-a-generation opportunities in the bond market by making these 5 moves now, according to 6 leading fixed income strategists
▼ + stars: | 2023-10-10 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Yahoo FinanceHowever, six leading fixed income investors are confident that the pain won't last much longer. Michele continued: "I've been doing this since 1981, so I've seen a decade of double-digit bond yields with disinflation. Alex Petrone, the director of fixed income at Rockefeller Asset Management, agreed that it's too soon to write off a recession. Nailing timing helps maximize returns, though fixed income experts said that's difficult because the Fed's policy decisions are unpredictable. Buying Treasuries and municipal coupons on both the long and short ends of the curve are how she recommends playing fixed income.

Persons: Jonathan Mondillo, you've, Bob Michele, Michele, I've, we'll, Federal Reserve —, Robert Robis, Robis, Alex Petrone, it's, Petrone, Mary Daly, David Schiffman, Roger Aliaga, Diaz, Aliaga, Mondillo, Schiffman Organizations: Yahoo Finance, JPMorgan Asset Management, isn't, Federal Reserve, BCA Research, Rockefeller Asset Management, Fed, San Francisco Fed, Aquila Investment Management, Vanguard's Investment, Investment Locations: Scotland, bottoming, Abrdn, Aquila, Treasuries, CCC

PepsiCo's revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices. Pepsi raised prices 11% in the July-September period, the seventh straight quarter that the Purchase, New York, company has increased prices by double-digits. Sales volumes fell 2.5%. Still, Frito-Lay North America sales volumes dropped 0.5% during the July-September period as net prices rose 8%. North American beverage sales volumes dropped 6% as prices rose 12%.

Organizations: Pepsi, PepsiCo, Gatorade, Lay North, FactSet Locations: , New York, Lay North America, American, Europe, America

☆ Home buyers are finally seeing a light at the end of the tunnel, but it is going to be painful for homeowners and sellers
▼ + stars: | 2023-10-10 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

There is no end in sight for high mortgage rates, and sellers are dropping prices. AdvertisementAdvertisementThe housing market is in an ugly place right now for buyers and while things may be stabilizing, that just means pressure will likely shift from buyers to sellers. Redfin CEO Glenn Kelman made headlines in recent weeks with several interviews where he said the housing market had hit "rock bottom." "The housing market is just taking a beating because affordability is at a four-decade low. While the market might not get worse for buyers, sellers are not yet at rock bottom after enjoying years of rising home values.

Persons: —, Glenn Kelman, Kelman, ZIlloq, Paul Bradbury, Zillow, Jeff Tucker, Redfin, Jeremy Grantham, Grantham, David Rosenberg, Rosenberg, Merrill Lynch, Luis M, Alvarez, Tom Barkin, Alou Diarra, Getty Organizations: Service, CNBC, Getty, Cleveland Fed, Altos Research, Rosenberg Research, North, AP, Richmond, Fed Locations: North American

But “The Eras Tour” heralds something new and potentially game-changing in the movie industry. BTS earlier this year released a concert film, with higher ticket prices and limited showtimes. But “The Eras Tour” could be the start of an expansion of what, exactly, a movie theater can be. The movie, directed by Sam Wrench, would be a way for millions more to experience the Eras Tour. “The industry needs it and, frankly, so do consumers.”Meanwhile, “Taylor Swift: The Eras Tour” is poised to become the biggest concert film ever in about two days of release.

Persons: — Greg Marcus, they’ve, “ Taylor Swift, ”, Marcus, “, — Swift, Beyoncé, that’s, Swift, Sam Wrench, It's, Scott Swift, Travis Kelce, Adam Aron, Paul Dergarabedian, ” Dergarabedian, Makan Delrahim, Delrahim, ” Delrahim, Justin Bieber, Marcus ’, “ I’m, Jake Coyle Organizations: Marcus, Southern, Advance, AMC Theaters, Hollywood, Netflix, Metropolitan Opera, AMC, Kansas City Chiefs, NFL, Swift, American, Paramount, Department of Justice, “, Justice Department, Woodstock, Twitter Locations: Milwaukee , Wisconsin, Los Angeles, ”

☆ Samsung Q3 profit set to slump 80% as chip losses persist
▼ + stars: | 2023-10-09 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

[1/2] A view shows Samsung Electronics' chip production plant at Pyeongtaek, South Korea, in this handout picture obtained by Reuters on September 7, 2022. The world's biggest maker of memory chips, smartphones and televisions will announce its third-quarter preliminary earnings results on Wednesday. It compares with an operating profit of 10.85 trillion won in the September quarter last year. Analysts said Samsung's cuts to chip production also hurt economies of scale, lifting the costs of making chips. Rival Micron Technology (MU.O) forecast a quarterly loss last month, triggering concerns of a sluggish recovery in the memory chip maker's end markets such as data centres.

Persons: 1,347.1300, Joyce Lee, Jamie Freed Organizations: Samsung Electronics, Reuters, REUTERS, Rights, Analysts, Samsung, Micron Technology, KB Securities, SK Hynix, Nvidia, Thomson Locations: Pyeongtaek, South Korea, Rights SEOUL, Korean, American

☆ Bank of America's top 5 stocks for safety and security in a dangerous world
▼ + stars: | 2023-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Security is becoming increasingly crucial around the world, and Bank of America thinks investor portfolios can benefit from owning certain names. The bank on Monday released its "Future Security" primer, examining stocks through a lens of safety. Information security company CyberArk Software also made the list. CYBR YTD mountain CyberArk YTD "CyberArk is the clear leader within the PAM [privileged access market] market, with a robust technological moat," Liani said. TRU YTD mountain TransUnion YTD.

Persons: Felix Tran, Benjamin Netanyahu, CrowdStrike, Tal Liani, Matt Cohen, CyberArk, Liani, BofA, Heather Balsky, Tomer Zilberman, Andrew Obin, Obin, Michael Bloom Organizations: Bank of America, Israeli, Defense, U.S . Aerospace & Defense ETF, CyberArk Software, Motorola Solutions, Motorola, North, APG Locations: Israel, U.S

☆ Ice Hockey-Bedard skates into NHL spotlight as new season begins
▼ + stars: | 2023-10-09 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

Oct 5, 2023; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) brings the puck up the ice against the Minnesota Wild during the second period at United Center. Mandatory Credit: David Banks-USA TODAY Sports Acquire Licensing RightsTORONTO, Oct 9 (Reuters) - Chicago Blackhawks rookie Connor Bedard skates into the spotlight when a new NHL season begins on Tuesday as Alexander Ovechkin looks to close in on one of hockey's treasured records and Canadians dream of an end to 30-year Stanley Cup drought. The season launches on three fronts with the Vegas Golden Knights raising their first Stanley Cup championship banner before taking on the Seattle Kraken while the Tampa Bay Lightning host the Nashville Predators. An Edmonton or Toronto win would end what has been a humbling 30-year Stanley Cup drought for hockey obsessed Canadians. On the ice the team has been an utter failure, last season winning their first playoff series in 19 years before meekly exiting in the next round.

Persons: Connor Bedard, David Banks, Alexander Ovechkin, hockey's, Bedard, Sidney Crosby, Crosby, Corey Perry, Sid, Erik Karlsson, Crosby's, Edmonton Oilers Connor McDavid, McDavid, Hart, Ross, Richard, meekly, Auston Matthews, Washington Capitals Alexander Ovechkin, Ovechkin, Wayne Gretzky, Steve Keating, Ed Osmond Organizations: Chicago Blackhawks, Minnesota Wild, United Center, USA, Rights, NHL, Stanley, Vegas Golden Knights, Seattle, Tampa Bay Lightning, Nashville Predators, Blackhawks, Penguins, Taylor, Edmonton Oilers, Oilers, Edmonton, Carolina Hurricanes, Dallas Stars, Toronto Maple Leafs, Toronto, Montreal Canadiens, Maple Leafs, Leafs, Forbes, Washington Capitals, Gretzky's, Thomson Locations: Chicago , Illinois, USA, Pittsburgh, An Edmonton, Canada, Canadian, Russian, Toronto

☆ ‘Ring of fire’ annular eclipse: Here’s where to see it
▼ + stars: | 2023-10-07 | by ( Terry Ward | ) edition.cnn.com time to read: +11 min

Path of the ‘ring of fire’ eclipseBehold the beauty of an annular solar eclipse. For many, the event is being seen as a sort of warm-up for the 2024 total solar eclipse, which professor Mark Littmann calls “the gold standard” of eclipse viewing. It gives you a kind of an omen of what a total eclipse would look like.”Viewing an annular eclipse is far from routine: The next one won’t happen over the contiguous United States until 2046. Corpus Christi, TexasCorpus Christi residents and visitors will among the last to witness the annular eclipse on the US mainland. Santa Fe National Park, PanamaSanta Fe National Park in Panama will also enjoy the spectacular event.

Persons: Mark Littmann, ”, ” Littman, Debra Ross, ” Ross, Richard Tresch Fienberg, Bryce, ” Clark, Dave Clark, Del, Campspot, Yogi Bear’s, Clark, Christi, Chichén, Matthias Kestel Organizations: CNN, University of Tennessee, North, Eclipse, Task Force, “, CNN Travel, Utah, Capitol, Navajo Tribal, Boulder Mail, NASA, NOAA, Roswell Public Library, Grande Recreation, Alamo Beer Company, Omni, Corpus Christi, Christi, UNESCO, Santa Fe, Panama Santa Fe Locations: United States, Oregon , New Mexico, Texas, Antonio , Texas, Qingdao, Shandong Province, China, Oregon, Central, South America, Guatemala, Belize, Honduras, Nicaragua, Panama, Colombia, Brazil, Arizona, New Mexico , Utah, Colorado, Boulder, Bryce, annularity, Albuquerque, Roswell , New Mexico, New Mexico, Roswell, Grande, Antonio, San Antonio, Jose, Del Rio, Kerrville, Guadalupe, Bandera, Garner, Corpus Christi , Texas, Christi, Corpus Christi, Mexico, Corpus, North Padre, Uzmal, Mérida, Edzná, Campeche, of Mexico, Santa, Panama Santa, Santa Fe

☆ Menopause symptoms: How to prepare for effects on your brain
▼ + stars: | 2023-10-07 | by ( Andrea Kane | ) edition.cnn.com time to read: +9 min

Each episode will focus on one of those states — the distracted brain, the frightened brain, the nourished brain, etc. (While her paper was published in 2021 in Nature Scientific Reports, Mosconi has kept adding women’s brain scans to her database.) She adds that what happens during menopause can have implications for brain health in later years. “Active smoking is a huge ‘no’ for both menopause but also for brain health,” she said. “Physical activity is really supportive of hormonal health and brain health,” she noted.

Persons: Sanjay Gupta, —, ” Lisa Mosconi, ” Mosconi, Mosconi, Lisa Mosconi, That’s, ”, “, they’re, I’m Organizations: CNN, Weill Cornell Medicine, Nature Locations: New York City

Newsom's veto marked a rare but consequential setback in the movement against caste discrimination that had picked up momentum this year in North America. Had the bill been signed into law, California would have become the first U.S. state to explicitly ban caste discrimination. Here are some examples of recent policy steps across North America to fight caste discrimination:SEATTLEIn February, Seattle became the first U.S. city to outlaw caste discrimination after its local council voted to add caste to the city's anti-discrimination laws. FRESNOIn September, Fresno, California, became only the second U.S. city to ban caste discrimination after a unanimous city council vote. CALIFORNIAA bill to ban caste discrimination in California was introduced and authored by Democratic state Senator Aisha Wahab, an Afghan American, in March.

Persons: Gavin Newsom, Aisha Wahab, Newsom, Kanishka Singh, Jamie Freed Organizations: California State University, Brown University, Ivy League, Harvard University, Democratic, Thomson Locations: California, North America, U.S, SEATTLE, Seattle, TORONTO, Canada, FRESNO, Fresno , California, CALIFORNIA, Afghan American, Washington

"Our strike is working, but we’re not there yet," UAW President Shawn Fain said in a livestreamed update on negotiations with the three automakers. Threatening to strike against GM's Arlington, Texas, plant that makes cash-cow SUVs like the Cadillac Escalade spurred GM to agree that EV battery factories would become union plants with UAW contracts, Fain said. GM is building three Ultium joint-venture battery plants with South Korea's LG Energy Solution (373220.KS). GM is building a fourth U.S. battery plant with Samsung SDI (006400.KS) in Indiana. Fain also said on Friday that the UAW could still strike against highly profitable pickup truck plants if progress stalls.

Persons: Rebecca Cook, General Motors, we’re, Shawn Fain, GM's, Fain, Sam Fiorani, Ultium, Harley Shaiken, Jim Farley, Ford, Stellantis, Mark Stewart, Tesla, Elon, we've, walkouts, Joe White, David Shepardson, Abhirup Roy, Dan Burns, Ben Klayman, Abhijith, David Gaffen, Peter Henderson, Nick Zieminski, Matthew Lewis Organizations: United Auto Workers, General Motors Lansing Delta, Michigan U.S, REUTERS, Detroit Three, UAW GM, UAW, GM, Ford, Detroit, General, Ford Motor, Chrysler, EV, AutoForecast Solutions, Korea's LG Energy, Democratic U.S, Samsung SDI, University of California, LG, Samsung, American, Reuters Graphics Reuters, Thomson Locations: Delta Township, Michigan, DETROIT, GM's Arlington , Texas, U.S, Ohio, Indiana, Berkeley, Milan, Detroit, Washington

☆ Ozempic isn't the existential threat food companies think it is — yet
▼ + stars: | 2023-10-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

Food companies fear soaring Ozempic sales could hurt their bottom lines. AdvertisementAdvertisementExecutives at America's biggest food companies can't stop talking about Ozempic . And early data suggests that Ozempic sales will have some impact on the food industry. AdvertisementAdvertisementFor example, if consumers begin to prefer smaller portions, food companies have time to adjust their package sizes, and restaurants have time to modify their menus. "This is not an existential threat to the food industry," he said.

Persons: —, Doug McMillon, Arun Sundaram, Morgan Stanley, Walmart's John Furner, Steve Cahillane, Rice Krispies, Jefferies, Sundaram, David M, Gordon, Ozempic Organizations: Service, America's, Nordisk, North, Walmart, Bloomberg, Wall, Cheesecake

☆ AMC shares jump after Taylor Swift concert film grosses $100 million in advance ticket sales
▼ + stars: | 2023-10-06 | by ( Sergio Padilla | ) edition.cnn.com time to read: +2 min

Shares of AMC (AMC) surged 11.5% in Friday afternoon trading after the movie theater chain announced that “Taylor Swift: The Eras Tour” concert film had grossed over $100 million in advance ticket sales. “Taylor Swift: The Eras Tour,” already the most profitable concert film in history, opens on Friday, October 13. “Taylor Swift: The Eras Tour” also broke an AMC record for advance first-day ticket sales at $26 million. AMC Theaters Distribution, along with sub-distribution partners Variance Films, Trafalgar Releasing, Cinepolis and Cineplex, have reached deals with operators to show the film in over 8,500 theaters across 100 countries. The company said in a news release that ticket sales for the Eras Tour film were “setting domestic presale records.”For AMC, the rebound has come after sharp declines over two years.

Persons: Taylor, “ Taylor Swift, ”, Swift, AMC’s, Beyonce ” Organizations: CNN, AMC Entertainment, AMC, ” AMC, North, Trafalgar, Cinemark Holdings Locations: United States

☆ Hyundai Motor to adopt Tesla EV-charging standard from 2024 in US
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSEOUL, Oct 5 (Reuters) - Hyundai Motor Co (005380.KS) said on Thursday it has decided to adopt Tesla Inc's (TSLA.O) electric vehicle (EV) charging technology in the United States and Canada. That will give Hyundai EVs with NACS ports access to more than 12,000 Tesla Superchargers across the United States, Canada, and Mexico, the company said. Owners of existing and future Hyundai EVs with the current CCS will have access to the Tesla Supercharging Network starting in the first quarter of 2025. In June, Hyundai Motor said it would consider making its vehicles more readily compatible with the NACS charging system. Tesla's NACS is widely available, with the U.S. Department of Energy saying they make up about 60% of the fast chargers in the United States.

Persons: Andrew Kelly, Tesla, Hyundai's, Elon, company's superchargers, Jose Munoz, NACS, Heekyong Yang, Christian Schmollinger Organizations: Hyundai Kona, New York, REUTERS, Rights, Hyundai, Ford, General Motors, Nissan, Hyundai Motor, Hyundai Motor's, Global, CCS, Tesla Supercharging Network, U.S . Department of Energy, Volkswagen, Kia Corp, BMW, Thomson Locations: Manhattan , New York City, U.S, Rights SEOUL, KS, United States, Canada, Mexico

REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsDETROIT, Oct 5 (Reuters) - General Motors (GM.N) said on Thursday it had made a counteroffer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker. Separately, UAW President Shawn Fain plans an update on the status of the talks with the Detroit Three automakers at 2 p.m. EDT (1800 GMT) on Friday in the three-week-old strike. The first-ever targeted strike against the Detroit Three automakers, including Ford (F.N) and Stellantis (STLAM.MI), began on Sept. 15. The UAW said on Monday it presented a new contract offer to GM. In addition to Ford, talks with Chrysler parent Stellantis and have been active in recent days, sources said.

Persons: Rebecca Cook, Shawn Fain, Fain, Ford, Stellantis, Mack Trucks, David Shepardson, Ben Klayman, Joseph White, Chizu Nomiyama, Matthew Lewis Organizations: General Motors, REUTERS, Rights, United Auto Workers, UAW, U.S . automaker, Detroit Three, Ford, GM, Reuters, Chrysler, Detroit automakers, Wednesday, Volvo Group, Thomson Locations: Detroit , Michigan, U.S, Detroit

☆ Hyundai and Kia are the latest to switch to Tesla EV charging
▼ + stars: | 2023-10-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

In 2025, Hyundai will begin providing adapters to owners of older Hyundai models with the Combined Charging System ports their EVs are currently built with. The three South Korean automakers are all part of Hyundai Motor Group, although Hyundai and Kia operate as separate companies in the United States. A major stepThis marks an especially significant development for the Tesla charging system. Counted together, Hyundai, Kia and Genesis would be the second-best-selling EV manufacturer in the United States after Tesla, according to figures from Kelley Blue Book. Having more automakers and charging companies using its standard has been seen as a win for Tesla.

Persons: Tesla, Kelley, Elon Musk Organizations: New, New York CNN, South, Kia, Hyundai, Ford, General Motors, Mercedes, Benz, Nissan, Honda, Hyundai Motor Group, Kona, Niro, Genesis, GM, EV, CCS, Tesla Locations: New York, United States

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Ford, Wingstop, American Express and more
▼ + stars: | 2023-10-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America initiates Wingstop as buy Bank of America said shares of the wing restaurant company are attractive. " Bank of America downgrades Carrier to underperform from neutral Bank of America said it sees residential headwinds. "We are initiating on the Alternative Asset Management sector with a Market Overweight rating. Deutsche Bank initiates AIG as buy Deutsche Bank initiated the insurance company with a buy and says shares are de-risked. Bank of America reiterates American Express as a top pick Bank of America said the credit card company is its favorite idea in the sector. "

Persons: Stifel, Wedbush, Morgan Stanley, Ford, CARR, Parker, ITW, Raymond James downgrades Clorox, Raymond James, CLX, Johnson, Wolfe, Bernstein, Chubb Organizations: BMO, Sinclair, Oculis, Citizens, CIT Group, Bank, JPMorgan, Barclays, Meta, Bank of America, Ford, General Motors, GM, UAW, of America, Nvidia, ISI, RBC, Johnson, Pharma, KKR, Alternative, Management, Asset Management, CART, Deutsche Bank, AIG, Citi, O'Reilly Automotive, O'Reilly, American Express Locations: CY24, U.S

☆ Hyundai and Kia to adopt Tesla's EV charging tech next year
▼ + stars: | 2023-10-05 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Hyundai Motor and Kia announced Thursday they will soon adopt Tesla's electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States. Hyundai and Kia join others like Ford and General Motors to integrate the Tesla charging ports, called North American Charging Standard, into their electric vehicles, allowing drivers to use any Tesla charging stations. The charging tech has gained steam in recent months toward becoming a unified charging standard among electric vehicle makers. "Our collaboration with Tesla marks another milestone in our commitment to delivering exceptional EV experiences to our customers," said José Muñoz, president and global COO of Hyundai. Additionally, owners of current Hyundai and Kia electric vehicle models will be able to access Tesla Superchargers using adapters beginning in the first quarter of 2025.

Persons: Tesla, José Muñoz, Mary Barra Organizations: Hyundai Motor, Kia, Hyundai, Ford, General Motors, South Korean, Hyundai EV Locations: United States, U.S, Canada, Mexico, North America

☆ Miami Marlins’ Kim Ng became the first woman GM to lead an MLB team to the playoffs
▼ + stars: | 2023-10-05 | by ( Clare Duffy | ) edition.cnn.com time to read: +1 min

New York CNN —When the Miami Marlins bested the Pittsburgh Pirates on Saturday, Kim Ng became the first female general manager to lead a Major League Baseball team into the playoffs. And while the Marlins’ postseason was short lived — ending Wednesday night after a loss to the Philadelphia Phillies — it marked a major milestone for Ng. Her hiring followed 30 years of experience in the MLB, including with the New York Yankees and the Los Angeles Dodgers, two of the winningest teams in the league. When she joined the Marlins, the team was facing serious struggles, including the loss of big-name players, low attendance and a limited budget. “Kim was the first person I called,” Jeter told the “Today” show in 2021 of Ng’s hiring.

Persons: Kim Ng, Ng, Derek Jeter, —, Jeter, “ Kim, ” Jeter, “ Organizations: New, New York CNN, Miami Marlins, Pittsburgh Pirates, Major League Baseball, Marlins, Philadelphia Phillies, Marlins ’, MLB GM, MLB, New York Yankees, Los Angeles Dodgers, Yankees Locations: New York

STOCKHOLM (AP) — The Nobel Prize in literature will be announced Thursday, with the new laureate, or laureates, joining an illustrious list of past winners that ranges from Toni Morrison to Ernest Hemingway and Jean-Paul Sartre — who turned down the prize in 1964. Ernaux was just the 17th woman among the 119 Nobel literature laureates. The literature prize has long faced criticism that it is too focused on European and North American writers, as well as too male-dominated. The Nobel Peace Prize is awarded Friday and the Nobel Memorial Prize in Economic Sciences ends the awards season on Monday. The Nobel Prizes carry a cash award of 11 million Swedish kronor ($1 million) from a bequest left by the prize’s creator, Swedish inventor Alfred Nobel.

Persons: —, Toni Morrison, Ernest Hemingway, Jean, Paul Sartre —, Annie Ernaux, Ernaux, Moungi, Louis Brus, Alexei Ekimov, Karikó, Drew Weissman, Anne L’Huillier, Pierre Agostini, Ferenc Krausz, Alfred Nobel, ___ Corder Organizations: STOCKHOLM, Swedish Academy, North, MIT, Louis Brus of Columbia University, Nanocrystals Technology Inc, COVID, Economic Sciences Locations: Normandy, France, Hungarian, French, Swedish, The Hague, Netherlands

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