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Tesla’s once-commanding share of the market for electric vehicles in the United States slipped below 50 percent in the second quarter of the year even as sales of battery-powered cars surged to a record, according to new estimates published Tuesday by a research firm. It was the first time the company’s market share fell below 50 percent in a quarter, according to Cox. The firm, a leading auto industry researcher, estimates market share based on registrations, company reports and other data. Before that car, very few electric vehicles were sold in the United States. A year earlier, electric vehicles accounted for 7.2 percent of the market, Cox said.
Persons: Tesla’s, Elon Musk, Cox, Tesla Organizations: General Motors, Ford Motor, Hyundai, Kia, Cox Automotive Locations: United States
CNN —A court in Moscow has ordered Yulia Navalnaya, the wife of late Russian opposition politician Alexey Navalny, to be arrested in absentia, her spokesperson said Tuesday. The Basmannyy District Court in Moscow accused Navalnaya of “participation in an extremist organization,” her spokesperson Kira Yarmysh said in a post on social media. She has also been added to an international wanted list, according to Russian state news agency RIA Novosti. He returned to Russia in 2021 from Germany, where he had been treated after being poisoned with Novichok, a Soviet-era nerve agent. Reacting to the court’s decision on Tuesday, Navalnaya reiterated claims of Putin’s involvement in the death of her husband.
Persons: CNN —, Yulia Navalnaya, Alexey Navalny, Navalnaya, , Kira Yarmysh, Navalny, Putin, , , Vladimir Putin, ” Yulia Navalnaya, Instagram Navalnaya, Putin “, , Alexey, ” CNN’s Nathan Hodge, Sahar Akbarzai, Jack Guy Organizations: CNN, RIA Novosti, Kremlin Locations: Moscow, Basmannyy, Siberia, Russia, Germany, Soviet, Russian, The Hague
CNN —Keegan Bradley was unveiled as Team USA’s 2025 Ryder Cup captain on Monday, a surprise turn of events after Tiger Woods was widely tipped to assume the role. The Ryder Cup is unlike any other competition in our sport, and this edition will undoubtedly be particularly special given the rich history and enthusiastic spectators at this iconic course. “I am proud and excited to name Keegan Bradley as Captain of the 2025 United States Ryder Cup Team,” said Lindert. “Keegan’s past Ryder Cup experience, strong relationships and unwavering passion for this event will prove invaluable as he guides the U.S. Despite a positive 4-3-0 record at Ryder Cups as a player, Bradley has never tasted victory at the event.
Persons: CNN — Keegan Bradley, Tiger Woods, Bradley, Zach Johnson, Arnold Palmer, , , Woods, LIV Golf, ” Woods, John Lindert, Keegan Bradley, Keegan, Ross Kinnaird, Justin Thomas, Johnson, Marco Simone Golf, Jeff Haynes, Tom Watson’s, Paul McGinley’s, Luke Donald, Bernard Gallacher, don’t, I’m, ” Donald Organizations: CNN, Ryder, Bethpage, United States Team, PGA of America, May’s PGA, PGA, The, America, U.S . Team, Captain, , Europe, Reuters Locations: Rome, Europe, Bethpage Black, Farmingdale , New York, Vermont, Bethpage, Paris, New York, Illinois, Gleneagles, Scotland
CNN —Protesters in Barcelona have sprayed visitors with water as part of a demonstration against mass tourism. Demonstrators marching through areas popular with tourists on Saturday chanted “tourists go home” and squirted them with water pistols, while others carried signs with slogans including “Barcelona is not for sale.”According to Barcelona's City Council, some 2,800 people demonstrated against mass tourism in the center of Barcelona on Saturday. Josep Lago/AFP/Getty ImagesAccording to official figures, almost 26 million visitors made an overnight stay in the Barcelona region in 2023, spending €12.75 billion ($13.8 billion). Protesters squirt water pistols during Saturday's protest. In April, locals in the Canary Islands mobilized to protest against excessive tourism, blaming visitors for pricing them out of their homes and causing environmental damage.
Persons: Lorena Sopêna, de, Josep Lago, Decreixement Turístic, Jaume Collboni, Collboni, Louis, Antoni Gaudí’s Organizations: CNN, Protesters, “ Barcelona, Barcelona's City Council, Europa Press, Assembly, Tourism Degrowth, Louis Vuitton, Antoni Gaudí’s Parc, Canary Locations: Barcelona, Spain, Canary, Mallorca, AFP, Antoni Gaudí’s Parc Güell
Speaking of money and vacations: In today's big story, summer vacation means financial stress for parents looking to keep their kids busy while school is out without breaking the bank . The big storyThe cost of summeriStock; Rebecca Zisser/BISchool's out for summer, but the relief for kids is causing financial pain for their parents. Further complicating things is most camps don't cover the two-plus months parents need to fill for their kids. The result is sometimes a patchwork system of camps and part-time nannies that parents need to cobble together. AdvertisementThis year, skincare products proved to be a lightning rod for kids and parents at elite summer camps , writes BI's Anna Silman.
Persons: , Rebecca Zisser, Juliana Kaplan, Madison Hoff, Kate Dehler, BI's Anna Silman, Anna, You've, Goldman Sachs, it's, Alyssa Powell, Gen, Vladimir Putin, Narendra Modi, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Annie Smith, Grace Lett, Amanda Yen Organizations: Service, Business, Karma, Hindenburg Research, Adani, Bank of, Samsung, Indian, The Locations: What's, Al, Florida, Russian, New York, London, Chicago
Suddenly, the red-hot labor market is feeling closer to lukewarm for job seekers. The unemployment rate rose to a three-year high of 4.1% in June, with 6.8 million people unemployed. At that time a year ago, the unemployment rate was at 3.6% and 6 million people were unemployed. The rising unemployment rate — driven primarily by more people entering the workforce — means that it’s getting more competitive for job hunters to get hired. Since 2022, the temporary help sector has added jobs in only four months.
Persons: It’s, Luke Pardue, switchers, David Tinsley, Jack McIntyre Organizations: CNN, Aspen, Bank of America, Bank of America Institute, , of Labor Statistics, Labor Department, Brandywine Global
Olive Rowe states, "everything is gone, everything is gone," as she stands in her home that was destroyed when Hurricane Beryl passed through the area on July 05, 2024 in Saint Elizabeth Parish, Jamaica. Hurricane Beryl made landfall in Mexico after passing through Caribbean islands, including Jamaica. Other parts were under tropical storm warnings. "We're expecting the storm to make landfall somewhere on the Texas coast sometime Monday, if the current forecast is correct," said Jack Beven, a senior hurricane specialist at the National Hurricane Center in Miami. It then battered Mexico as a Category 2 hurricane, toppling trees but causing no injuries or deaths before weakening to a tropical storm as it moved across the Yucatan Peninsula.
Persons: Olive Rowe, Hurricane Beryl, Beryl, Sargent, We're, Jack Beven Organizations: Corpus Christi, National Hurricane Center Locations: Saint Elizabeth Parish, Jamaica, Hurricane, Mexico, Caribbean, Gulf of Mexico, Texas, Baffin Bay, Corpus, Houston, Miami, Yucatan, . Texas
The Kidnapping I Can’t Escape
  + stars: | 2024-07-07 | by ( Taffy Brodesser-Akner | ) www.nytimes.com   time to read: 1 min
He was now outside the car, but Jack could see him only in silhouette because of how bright the headlights were. “You know how to get to Northern Boulevard?”Jack stepped out of his car. He was surprised. His street was so far off the commuter path that it would be hard to get lost and end up there looking for Northern Boulevard. In fact, when Jack saw headlights in his rearview mirror as he approached the house that night, he thought how strange and rare it was to be on that same road with anyone.
Persons: , Jack Locations: Northern
What a hung parliament in France could mean for markets
  + stars: | 2024-07-07 | by ( Matt Clinch | ) www.cnbc.com   time to read: +4 min
Emmanuel Dunand | Afp | Getty ImagesInitial indications on Sunday evening for the French parliamentary run-off vote threw up some big surprises, leaving political commentators contemplating a "hung parliament" scenario that could prove challenging for both policymaking and financial markets. With none of the groups expected to hit the 289 seats needed for an absolute majority, gridlock could ensue over the coming weeks. The euro slipped about 0.3% against the U.S. dollar in thin trading on Sunday evening after the exit polls were released. "Regardless, uncertainty about the outlook for French policymaking is likely to be long-lasting," the analysts said. France is facing a challenging fiscal position, and the European Commission announced two weeks ago that it intended to place France under an Excessive Deficit Procedure due to its failure to keep its budget deficit within 3 percent of gross domestic product.
Persons: Emmanuel Dunand, France's, Emmanuel Macron's, policymaking, Jack Allen, Reynolds, Macron, David Roche Organizations: la Republique, Afp, Getty, Popular Front, Rassemblement National, U.S, Citi, Daiwa, European Commission, Capital Economics, Independent, National Rally Locations: France, la, Paris, Italy, Germany
CNN —Lewis Hamilton won his home race at the British Grand Prix on Sunday, battling to a thrilling, record-extending victory as the lead changed hands several times on a rain-slicked track at Silverstone. For Hamilton to win his last British Grand Prix with Mercedes – the team with whom he dominated the sport for so long – seemed like a “fairytale,” team principal Toto Wolff told broadcaster Sky Sports after the race. Lewis Hamilton celebrates on the podium after winning the British Grand Prix. “This is my last race here at the British Grand Prix with this team, so I wanted to win this so much for them. But both Mercedes cars ran wide off the track across the run-off shortly afterwards, allowing Norris to overtake Russell and then to accelerate past Hamilton too.
Persons: CNN — Lewis Hamilton, Hamilton, Jack, Max Verstappen, Red, Mercedes –, Toto Wolff, Lewis Hamilton, Peter Cziborra, ” “ It’s, , “ There’s, Mark Thompson, George Russell, McLaren’s Lando Norris, Russell, Norris, Verstappen Organizations: CNN, Prix, Sunday, Silverstone, Red Bull, Hamilton, Sky Sports, British, Getty Locations: British, Saudi, Hamilton, Silverstone
CNN —Second gentleman Doug Emhoff tested positive for Covid-19 Saturday after experiencing mild symptoms, according to a Sunday statement from his office. Vice President Kamala Harris has tested negative for the virus and remains asymptomatic, Emhoff communications director Liza Acevedo said in the statement. The couple were on a balcony at the White House with President Joe Biden and first lady Jill Biden on Thursday for an Independence Day celebration. CNN has reached out to the White House to ask whether the president is being tested. Emhoff previously tested positive for Covid-19 in March 2022, and Harris tested positive a month later but had no symptoms.
Persons: Doug Emhoff, Kamala Harris, Liza Acevedo, Joe Biden, Jill Biden, Harris, Biden, ” She’s, Emhoff, Samantha Waldenberg, Ebony Davis Organizations: CNN, White, Essence, Alpha Kappa Alpha, Locations: New Orleans, Dallas, Pennsylvania
Advertisement'Naked resignation'One popular phrase on Chinese social media is "两点一线," which translates to "two points, one line." And discussion is rife on Chinese social media about 裸辞 — a term that translates, quite literally, to "naked resignation." Examples seen in BI's search of the keyword included "how much to save before naked resignation," "three things to consider before naked resignation," and "20 jobs to try after naked resignation." Advertisement"There are articles on Chinese social media criticizing gap years," she said, "arguing that it is a Western concept that does not adapt well to Chinese society." "There's a popular internet buzzword among Chinese young people, "Gai溜子," which can be roughly translated to "drifter" on the street," Lim added.
Persons: , Jack Porteous, Tong, Porteous, aren't, Laurence Lim, Sally Maier, Yip, Qilai Shen, Lim, It's, Jack Ma, Qu Jing, Jenny Chan, Gen, Gai 溜 Organizations: Service, Business, Tong Global, Twitter, Publishing, Getty, Cherry, Consulting, Pictures, National Bureau of Statistics, Baidu, Hong Kong Polytechnic University Locations: China, Weibo, Xiaohongshu, Europe
The federal judge overseeing former President Donald J. Trump’s classified documents case on Saturday rejected an effort by one of his co-defendants to have the charges he is facing dismissed by claiming that he was the victim of a vindictive prosecution by the government. The co-defendant, Walt Nauta, who works as a personal aide to Mr. Trump, had accused prosecutors in the office of the special counsel, Jack Smith, of unfairly indicting him because he declined to help their efforts to build a case against the former president by testifying against him in front of a grand jury. Mr. Nauta’s lawyer, Stanley Woodward Jr., also claimed that at a meeting at the Justice Department two years ago, prosecutors had threatened to derail a judgeship he was seeking if he did not prevail on his client to turn on Mr. Trump. But in an order issued on Saturday night, Judge Aileen M. Cannon rejected those arguments, ruling that even though Mr. Nauta had refused to provide testimony against Mr. Trump, there was “no evidence suggesting that charges were brought to punish him for doing so.”
Persons: Donald J, Trump’s, Walt Nauta, Trump, Jack Smith, Nauta’s, Stanley Woodward Jr, Aileen M, Cannon, Nauta, Organizations: Justice Department
A view shows damage caused by Hurricane Beryl on Union Island, Saint Vincent and the Grenadines, in this undated handout picture obtained by Reuters on July 5, 2024. Beryl hit Mexico's Yucatan Peninsula as a Category 2 hurricane on Friday, then weakened to a tropical storm. The hurricane center forecasts it will hit as a strong Category 1 storm, but wrote "this could be conservative if Beryl stays over water longer" than expected. "People in southern Texas now need to really keep an eye on the progress of Beryl," Beven said. Beryl set the record for the earliest Category 4 with winds of at least 130 mph (209 kilometers per hour) — the first-ever category 4 in June.
Persons: Hurricane, Saint Vincent, Beryl, Jack Beven, Jeff Masters, Beven, Brian McNoldy, Phil Klotzbach, Kerry Emanuel doesn't, Klotzbach, Rita, Wilma, Dennis, Miami's McNoldy, Albany's Kristen Corbosiero, Masters, hasn't, Corbosiero, Emanuel Organizations: Reuters, National Hurricane Center, Corpus Christi, Masters, University of Miami, Colorado State University, MIT, Colorado State, University, Miami's, Albany's, Nina Locations: Grenadines, it's Texas, Yucatan, Texas, toasty Gulf of Mexico, Brownsville, Corpus, Gulf, Mexico, Caribbean, Gulf of Mexico, Carriacou, Grenada
Millions of people across the Western United States were broiling under record-breaking heat on Saturday, with little relief in sight over the coming days, according to forecasters. From Oregon to California to the deserts of Arizona, several cities have seen stifling temperatures in recent days. In Portland, Ore., temperatures were forecast to hover around 100 degrees for five straight days starting Friday, conditions that once would have been considered unusual for a region where summers were so mild that people rarely needed air-conditioners. The sweltering temperatures prompted Gov. Tina Kotek to declare a statewide heat emergency, warning that the extreme heat represented a “new normal” of a changing climate.
Persons: Jacob Asherman, Tina Kotek Organizations: Western, Prediction, Gov Locations: Western United States, Oregon, California, Arizona, Las Vegas, Portland
U.S. District Judge Aileen Cannon on Saturday granted former President Donald Trump's request for further briefing on the issue of presidential immunity in the Mar-a-Lago classified documents case and delayed certain deadlines. Smith's brief is now due on July 18, and a reply from Trump's team is due on July 21. There is no trial date in sight in the classified documents case. The latest development comes after Trump's attorneys on Friday asked Cannon to pause court proceedings and consider how the Supreme Court's ruling affects the case. Trump's team in February had also filed a motion to dismiss the indictment on immunity grounds.
Persons: Donald Trump, Aileen Cannon, Donald Trump's, Trump, Cannon, Jack Smith, Judge Juan Merchan, Alvin Bragg's Organizations: CNN, U.S, Trump, Department of Justice, Manhattan Locations: Atlanta , Georgia, U.S
CNN —Attorneys for former President Donald Trump are now seeking to use the Supreme Court’s presidential immunity decision to help him in his criminal case in Florida over the mishandling of classified documents. In a new court filing Friday, Trump’s team said they want an updated schedule in the federal classified documents case so they can argue points related to the Supreme Court decision. The decision “guts the Office’s position that President Trump has ‘no immunity’ and further demonstrates the politically-motivated nature of their contention that the motion is ‘frivolous,’” Trump’s attorneys wrote. The Supreme Court’s decision directly applies to the federal case over 2020 election subversion efforts in Washington, DC, but it could impact all four of the criminal cases against the former president. Trump’s attorneys argue the concurrence “adds force” to motions Trump has filed against how Smith was appointed and funded.
Persons: Donald Trump, Trump’s, Trump, , Clarence Thomas, Jack Smith’s, Smith, Aileen Cannon’s, Cannon, Thomas, Thomas ’, CNN’s Holmes Lybrand Organizations: CNN, White, Trump Locations: Florida, Washington ,, Fort Pierce , Florida
Jeanne Winograd, 72, a Democrat in Phoenix, is such a ride-or-die fan of President Biden that, on Valentine’s Day, she mailed him a card to say his vigor, not his age, would shape the presidential election. But after a week of panic attacks after his dismal debate performance, she felt compelled to send him another card. This one said: Thanks for everything, but it’s time to go. “I just love Biden, but he’s frail,” Ms. Winograd said. In 80 interviews at Independence Day parades, pie-eating contests and political events this holiday in the political battlegrounds of Arizona, Michigan, Wisconsin and North Carolina, more than half of voters who had supported Mr. Biden in 2020 now said he should drop out of the race.
Persons: Jeanne Winograd, Biden, , Ms, Winograd, Donald J, Trump Organizations: Democrat, Democratic, Independence Locations: Phoenix, Arizona , Michigan, Wisconsin, North Carolina
That was the verdict from some devoted Democratic voters who nervously tuned in to watch President Biden’s interview with ABC News on Friday. “I think he showed in this interview he’s cognitively there,” said Jayden D’Onofrio, 19, chairman of the Florida Future Leaders PAC, which represents high-school and college Democrats in the state. He was frustrated that Mr. Biden would not submit to a cognitive test, and said Mr. Biden’s doubling down on his refusal to leave the race could spell electoral doom for Democrats. “Biden is not demonstrating the traits that generate much confidence,” Mr. Avalos said. “There are 300 million people who rely on his cognitive abilities, and he’s unwilling to take a test because of his pride?”
Persons: Biden’s, , , Jayden D’Onofrio, John Avalos, Biden, “ Biden, ” Mr, Avalos Organizations: Democratic, ABC News, Florida Future, PAC, Democrats, San Locations: San Francisco
The company wants to sell just under 3,300 Ocean electric SUVs to American Leasing, lawyers said at a Wednesday hearing reported by TechCrunch. This story is available exclusively to Business Insider subscribers. Even as it prepared to deliver vehicles last year, it was scavenging parts from the personal EVs of the company's CEO and its CFO, Business Insider reported last month. It said selling 200 of the vehicles to American Leasing on an abbreviated timeline would bring in crucial cash to make payroll next month. Some creditors, including people who previously bought Fisker vehicles, are worried that the company will run out of resources to pay its debts and support owners.
Persons: , Uber, Fisker, Linda Richenderfer Organizations: Service, American Leasing, TechCrunch, Business, Street, US, Office, Justice Department Locations: New York
Like a globe-spanning tornado that touches down with little predictability, deep economic anxieties are leaving a trail of political turmoil and violence across poor and rich countries alike. In Kenya, a nation buckling under debt, protests over a proposed tax increase last week resulted in dozens of deaths, abductions of demonstrators and a partially scorched Parliament. At the same time in Bolivia, where residents have lined up for gas because of shortages, a military general led a failed coup attempt, saying the president, a former economist, must “stop impoverishing our country,” just before an armored truck rammed into the presidential palace. And in France, after months of road blockades by farmers angry over low wages and rising costs, the far-right party surged in support in the first round of snap parliamentary elections on Sunday, bringing its long-taboo brand of nationalist and anti-immigrant politics to the threshold of power.
Persons: Locations: Kenya, Bolivia, France
People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. It is possible that Farage’s splitting of the right has actually helped Starmer increase his majority in parliament. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.
Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British
High-speed hippos can get airborne, says new study
  + stars: | 2024-07-04 | by ( Jack Guy | ) edition.cnn.com   time to read: +2 min
CNN —Hippos can get airborne when moving at high speeds over land, according to a new study. After analyzing videos showing 169 movement cycles from 32 hippos, researchers found that the fastest-moving animals spend around 15% of each stride off the ground. John Hutchinson, study lead author and a professor of evolutionary biomechanics at the RVC, told CNN that very little was known about the way that hippos move on land. “Hippos are one of the very few four legged animals at all that just trot,” said Hutchinson. One sample video that showed a baby pygmy hippo galloping has provided Hutchinson with a jumping off point for future research, he said, adding he wants to investigate whether small hippos, such as baby hippos and baby pygmy hippos, are able to gallop but lose this ability when they grow.
Persons: John Hutchinson, , , Hutchinson Organizations: CNN, Royal Veterinary College Locations:
Read previewUniversal basic income has made giant strides from its origins as a utopian vision toward becoming economic reality. Basic income trials have been conducted in countries as varied as Kenya, Finland, India, and Canada. Proponents of UBI say it reduces poverty, strengthens the social safety net, promotes health and happiness, and combats the stigma around welfare. Basic income recipients in a Finnish trial reported higher life satisfaction, improved health, and lower levels of depression and loneliness. An open questionUniversal basic income remains a largely theoretical idea that could have significant — and unpredictable — impacts on wealth inequality, human welfare, labor markets, and entire economies.
Persons: , Tesla's Elon Musk, Robert Reich, Juan Luis Vives, they'd, Thomas Paine, Martin Luther King Jr, Milton Friedman, Sen, Bernie Sanders of, technocrat Andrew Yang, Sam Altman, Bernie Sanders, Kevin Dietsch, Dave Ramsey, Karl Marx playbook, that's, Jack Kellam, MrBeast, Jeff Cheatham, Douglas MacKay, Chapel Hill, Karl Widerquist, Kellam, stigmas Organizations: Service, Labor, Business, Autonomy, UNC, Chapel, Georgetown University, Qatar Locations: Kenya, Finland, India, Canada, Spanish, Bernie Sanders of Vermont, Uganda
"Rest on the Flight into Egypt" and other works were stolen from an English country house in 1995. The painting, by a Venetian Old Master, was found at a bus stop in 2002 after a tip-off. The auction house Christie's said the £17.5 million sale price set a record for a work by Titian. AdvertisementAn early painting by one of Europe's most famous painters was auctioned for a record high price years after it was recovered in a shopping bag at a bus stop. It was the highest-priced work to be sold that evening and set a record for any work by Titian, the auction house said.
Persons: Christie's, Titian, Organizations: Service, Business Locations: Egypt
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