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☆ Palantir jumps 11% to a record after announcing move to Nasdaq
▼ + stars: | 2024-11-15 | by ( Ari Levy | ) www.cnbc.com time to read: +3 min

Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from the New York Stock Exchange. The shares are now up more than 45% since Palantir's better-than-expected earnings report last week and have almost quadrupled in value this year. Palantir said late Thursday that it expects to begin trading on the Nasdaq on Nov. 26, under its existing ticker symbol "PLTR." Thiel's Palantir holdings have increased in value by about $3 billion since the earnings report and $2 billion since the election.

Persons: Alex Karp, Palantir, Alexander Moore, 8VC, " Moore, Moore, didn't, Maven, Trump, Peter Thiel, Donald Trump's, Thiel Organizations: Palantir Technologies, Nasdaq, New York Stock Exchange, Maven, ., Department of Defense, Trump, P Global, Argus Research Locations: Cologne, Germany

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

☆ Why Home Depot made an $18.25 billion bet on the pro business
▼ + stars: | 2024-11-15 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

In both of the past two quarters, Home Depot's revenue would have fallen year over year if SRS' sales were excluded. Melissa Repko | CNBCA jolt to the businessFor Home Depot, the expansion into the pro business comes at a challenging time. With housing turnover near its lowest in decades, the pro business has also felt pressure. Grom said Home Depot's growing pro business is what helps to attract investors and set it apart from its main competitor, Lowe's . The SRS deal and the focus on pro does not mean Home Depot is abandoning efforts to jolt the rest of its business.

Persons: Melissa Repko, Ted Decker, Decker, Dan Tinker, Joe Feldman, Chuck Grom, Gordon Haskett, Group's Feldman, it's, Grom, Tinker Organizations: Texas Pool Supply, CNBC, Depot, Home Depot, Telsey Advisory, Home, Federal Reserve, Lowe's Locations: Texas, CNBC PLANO , Texas, Dallas, Atlanta, Los Angeles, U.S

☆ 2 Missouri officers accused of stealing nude photos from dozens of women's phones at traffic stops
▼ + stars: | 2024-11-14 | by ( Austin Mullen | Doha Madani | Doha Madani Is A Senior Breaking News Reporter For Nbc News. Pronouns | ) www.nbcnews.com time to read: +5 min

According to the federal indictment, Alcala would take women's phones during traffic stops in order to confirm their insurance coverage or vehicle registration. But Alcala searched their phones for nude images and took photos on his own personal phone, the indictment said. In one case, Alcala allegedly texted himself a video and deleted evidence of the text. The Missouri Department of Public Safety told NBC News that records show McKnight surrendered his state peace officer license, "which means he can never work as a Missouri law enforcement officer again." Ashley Johnson, special-agent-in-charge of the FBI St. Louis Division, told people not to hesitate to report uncomfortable encounters with officers.

Persons: Julian Alcala, Alcala, texted, Jane Doe, He's, Bevis Schock, Schock, David McKnight, McKnight, Ashley Johnson, Louis Division, Johnson Organizations: U.S, Attorney, Eastern, of Missouri, U.S . Constitution, Florissant Police, NBC News, FBI, Alcala, Wednesday, Patrol, Attorney's, Missouri, Highway Patrol, The Missouri Department of Public Safety, Louis Locations: Missouri, Florissant, U.S .

☆ Indiana ban on gender transition treatment for minors upheld by U.S. appeals court
▼ + stars: | 2024-11-14 | by ( ) www.nbcnews.com time to read: +3 min

Circuit Court of Appeals on Wednesday comes as the U.S. Supreme Court prepares to hear a challenge to a similar law in Tennessee, which may ultimately determine whether all such state laws around the country can be enforced. The plaintiffs argued that the law discriminated on the basis of sex by prohibiting certain treatments based on the patient’s sex. Circuit Judge Michael Brennan, writing for the majority, rejected both arguments. Brennan, who was appointed by Republican former president and now president-elect Donald Trump, was joined by Senior Circuit Judge Kenneth Ripple, an appointee of Republican former president Ronald Reagan. Circuit Court of Appeals, No.

Persons: Todd Rokita, ”, ’, Michael Brennan, Brennan, Donald Trump, Kenneth Ripple, Ronald Reagan, Candace Jackson, Akiwumi, Joe Biden, Helene White Organizations: Republican, U.S, Circuit, Supreme, Indiana, Hoosiers, American Civil Liberties Union, Senior, Democratic, Dissenting, American Academy of Pediatrics, of Indiana, 7th U.S Locations: Indiana, Tennessee, 7th

☆ FBI arrests Houston man who allegedly wanted to commit a ‘9/11’ style attack in the US
▼ + stars: | 2024-11-14 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +3 min

CNN —The FBI announced on Thursday the arrest of a Texas man who allegedly created and disseminated ISIS propaganda and wanted to commit a “9/11-style” attack in the United States. According to Houston’s FBI field office, he admitted to offering his home as a “safe sanctuary” to ISIS operators. “He also discussed his efforts to commit violence in the United States, including considering purchasing a gun, researching military recruitment facilities, and scouting one specific location” in Houston, according to the memo. According to court documents, the FBI has been aware of Said’s support of ISIS since 2017, when he ordered stickers related to ISIS. In follow-up interviews, Said told the FBI he no longer consumed ISIS media and propaganda.

Persons: Anas Said, Said, “, ”, Said’s, Israel Organizations: CNN, FBI, ISIS, Prosecutors, Israel Consulate Locations: Texas, United States, Houston , Texas, Lebanon, Houston, Israel, Afghanistan, Iraq, ”

☆ Cabinet confirmation process and recess appointments, explained
▼ + stars: | 2024-11-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +11 min

Rather than face the humiliation of a rejection vote in the Senate, Cabinet nominees are more frequently withdrawn when it becomes clear they cannot be confirmed. Here’s a look at the Cabinet confirmation process, why it exists, where it’s gone wrong and how Trump wants to find a way around it. Presidents like Ronald Reagan, Clinton and both Bushes did use recess appointments, although usually for positions below the Cabinet level. While Democrats can no longer filibuster Cabinet nominees, they can slow the process down. Then, the Senate rejected Taney when Jackson put him forward for a Supreme Court nomination.

Persons: George H.W, Bush, John Tower, ”, Tower, Matt Gaetz, Donald Trump’s, Gaetz, Department of Justice –, Trump, Robert F, Kennedy Jr, Kennedy, it’s, Bill Clinton, Zoe Baird, Joe Biden, Biden, Trump’s, Sen, John Thune, Ronald Reagan, Clinton, Mickey Kantor, Barack Obama, Senate can’t, …, Republicans don’t, Mike Johnson, Let’s, Johnson, Edward Whelan, Roger B . Taney, Andrew Jackson, Taney, Jackson, Martin Van Buren, England . Taney, Scott Organizations: CNN, Pentagon, Florida Rep, Department of Justice, Senate, Former House, of Health, Human Services, White House, United Nations, CIA, Law, Public Service, Democratic, Partnership for Public Service, Office, National Labor Relations, US, Senators, Republicans, GOP, Trump, Republican, The Washington Post, Bank of, Federal Reserve, Taney Locations: Texas, Geneva, United States, The, England

☆ Hollywood Is Leaving Los Angeles: Remote Work Comes to TV, Movies
▼ + stars: | 2024-11-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +14 min

AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.

Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami

☆ Why Musk supports Trump getting rid of EV tax credits
▼ + stars: | 2024-11-14 | by ( Graham Rapier | ) www.businessinsider.com time to read: +6 min

Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases. AdvertisementElon Musk supports a Trump plan to end tax credits of up to $7,500 for electric vehicle purchases. On Thursday, Reuters reported that Trump plans to end the EV tax credit, with support from Tesla representatives. In October, the Alliance for Automotive Innovation, an industry group representing Ford, GM, Honda, Toyota, and others, urged Congress to keep the tax credits. While Musk supports cutting the EV tax credit, reports of its potential demise appear to have spooked investors.

Persons: Tesla, Elon Musk, EVs, —, Elon, Musk, Trump, Kelley, Dan Ives, Joe Biden's, It's, Vaibhav Taneja, Benjamin Zhang Organizations: Service, US, Reuters, Ford, Tesla, Republican, BMW, Honda, Hyundai, Alliance for Automotive Innovation, GM, Toyota, Politico Locations: Detroit, Mexico

☆ Melania Trump unlikely to move to the White House full time as first lady: ‘This time is different’
▼ + stars: | 2024-11-13 | by ( Betsy Klein | Kristen Holmes | ) edition.cnn.com time to read: +12 min

I was in the White House before. The Bidens have similarly spent significant time at the family’s Delaware homes, though the White House has been both Joe and Jill Biden’s primary residence on weekdays for the past four years. I don’t feel that way,” Melania Trump told Fox News’ Ainsley Earhardt last month. The prospect of a first lady declining to live full time at the White House offers a remarkable break in precedent but should not be surprising to those who have long observed Melania Trump. In this May 2018 photo, Melania Trump arrives during a "Be Best" initiative event in the Rose Garden of the White House in Washington, DC.

Persons: Washington CNN — Melania Trump, she’ll, Jill Biden, Joe Biden, Donald Trump’s, Melania Trump, Trump, “ I’m, ” Trump, Donald Trump, Jill Biden’s, Barron, Barron Trump, ” Melania Trump, Ainsley Earhardt, … He’s, ”, Kate Bennett, Melania Trump’s, Biden, children’s, Al Drago, Bennett, ‘, Stephanie Grisham, “, Stephanie Winston Wolkoff, Winston Wolkoff, Laura Bush, Michelle Obama, Rosalynn Carter, “ wasn’t, Rebecca Wright, that’s, ” Bennett Organizations: Washington CNN, CNN, White, Fox News, Mar, New York University, Trump, White House, CNN White House, “, Bloomberg, Getty, East Wing, SSRS, Palm, ”, Republican National Convention Locations: Washington, New York City, Palm Beach , Florida, Lago, Bedminster , New Jersey, Delaware, Florida, New York, Madison, West Palm Beach, Rose, Washington , DC, McAllen , Texas, Palm Beach and New York, Milwaukee

☆ Judge explains why he handed Elon Musk his $1 million-a-day sweepstakes win
▼ + stars: | 2024-11-13 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

AdvertisementA Philadelphia judge has explained why he didn't shut down Musk's $1 million-a-day sweepstakes. The decision would help Musk and his America PAC move for outright dismissal of the lawsuit. Elon Musk's controversial $1 million-a-day swing state sweepstakes was never a lottery, a Philadelphia judge said in a written decision explaining why he declined to shut the program down after a hearing last Monday. Lotteries require a prize, a payment for a chance to win that prize, and for winners to be chosen at random, the judge said. Representatives for Krasner, Musk, and the PAC did not immediately respond to requests for comment on the judge's decision and next steps in the case.

Persons: Musk, Elon Musk's, Larry Krasner, Judge Angelo Foglietta, credibly, Donald Trump's, Krasner Organizations: America PAC, Philadelphia, PAC, Pleas, Department of Justice, Musk's Locations: Philadelphia, Philadelphia County, Philadelphia's, Texas, Arizona

☆ Elon Musk worries free speech advocates with his calls to prosecute researchers and critics
▼ + stars: | 2024-11-13 | by ( David Ingram | Lora Kolodny | ) www.cnbc.com time to read: +8 min

He cited X's increasing compliance with foreign governments' demands to censor content on the platform and the lawsuits against the Center for Countering Digital Hate and Media Matters. X has a pending lawsuit against Media Matters and a pending appeal in a lawsuit that X lost against the Center for Countering Digital Hate. The ACLU, the Electronic Frontier Foundation and the Knight First Amendment Institute at Columbia University filed an amicus brief in support of the Center for Countering Digital Hate. The feud between Musk and the Center for Countering Digital Hate has continued. Rep. Jim Jordan, R-Ohio, also criticized the Center for Countering Digital Hate on Thursday, sending the organization a demand for documents related to the "Kill Musk's Twitter" language.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Musk, Victoria Nuland, Nadine Strossen, Trump, Strossen, they're, Aaron Terr, Terr, there's, Michael Gerhardt, Chapel Hill, —, X, Charles Breyer, Imran Ahmed, Elon, Ahmed, Jim Jordan Organizations: Republican, State Department, Center, American Civil Liberties Union, New York Law School, SpaceX, Justice Department, Foundation, Rights, Hate, Media, NBC News, NBC, Media Matters, University of North, Chapel, Department, The Justice, District, ACLU, Electronic Frontier Foundation, Columbia University, Racket, Federal Government Locations: Butler , Pennsylvania, University of North Carolina, U.S, Ohio

☆ Morgan Stanley upgrades AI play on the insurance industry, sees 30% rally
▼ + stars: | 2024-11-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

It is time to consider scooping up shares of a little-known software play, according to Morgan Stanley. CCC is a software as a service provider specializing in the property-casualty insurance sector and working with insurers and collision repairers. CCCS YTD mountain Shares this year "CCCS is a market share leader, positioned to capture value digitizing and automating the [property and casualty] Insurance industry," Baer wrote. "Established solutions, ramping emerging solutions and AI help to sustain high-single-digit growth." CCC's shares have also underperformed those of its vertical software peers, offering an attractive valuation discount and entry point relative to competitors, the analyst noted.

Persons: Morgan Stanley, Josh Baer, Baer Organizations: CCC, Services, Insurance

The report adds to some other examples of hateful rhetoric spreading after Trump’s victory. Gender played a central role in this year’s election as Vice President Kamala Harris’ presidential campaign emphasized reproductive rights. Even before his election, Trump and his supporters had targeted Harris with misogynistic comments throughout her campaign. On platforms like TikTok, women posted about the misogynistic comments they had received parroting Fuentes’ remarks, with many also rebuking the sentiment. A TikTok spokesperson confirmed that phrases like “your body, my choice” violates community guidelines, except for instances of counterspeech.

Persons: Donald Trump, Nick Fuentes —, —, Fuentes, “, Isabelle Frances, Wright, Kamala Harris ’, Trump, Harris —, Joe Biden, Harris, Donald Trump’s, ” Fuentes ’, parroting Fuentes ’ Organizations: Strategic, Institute for Strategic, Institute, Strategic Dialogue’s, Black, FBI, NBC, Elon Musk’s America PAC, Communist, Trump Locations: London

A woman in Kentucky who is seeking an abortion filed a lawsuit Tuesday that seeks to strike down the state’s near total ban. The suit, filed by a woman referred to in the documents as Mary Poe, alleges that two Kentucky abortion laws violate the state Constitution’s rights to privacy and self-determination. “I feel overwhelmed and frustrated that I cannot access abortion care here in my own state, and I have started the difficult process of arranging to get care in another state where it’s legal. Poe’s lawsuit is also requesting class-action status for all pregnant people in Kentucky who are seeking access to abortion in the state but are not allowed to receive the medical treatment because of the abortion laws. In 2022, the ACLU was involved in a lawsuit brought by abortion providers on behalf of their patients.

Persons: Mary Poe, “, ” Poe, Court’s Dobbs, Roe, Wade, Brigitte Amiri, ” “, ”, Poe, Amber Duke Organizations: Circuit Court, American Civil Liberties Union, NBC News, ACLU Locations: Kentucky, Jefferson, ” Kentucky

“Any disputes Musk has with his critics should play out in the court of public opinion, not a court of law,” Terr said. Musk and representatives at X did not respond to requests for comment on his calls for prosecution. Musk and X have sometimes found allies among members of Congress or state attorneys general who have launched investigations. “The First Amendment obviously protects both Musk and his critics in making public pronouncements about each other,” he said in an email. The feud between Musk and the Center for Countering Digital Hate has continued.

Persons: Elon Musk, Musk, Victoria Nuland, ”, ” Musk, Donald Trump, Nadine Strossen, Trump, Strossen, they’re, ” Aaron Terr, ” Terr, there’s, Michael Gerhardt, Chapel Hill, —, X, Charles Breyer, Imran Ahmed, “ Elon Musk, “, ” Ahmed, Ahmed, Jim Jordan, Travis Brown, Brown, Aaron Greenspan, PlainSite, Greenspan, Jack Sweeney, Sweeney, Taylor Swift, he’s, “ Trump Organizations: State Department, Center, American Civil Liberties Union, New York Law School, “, SpaceX, Justice Department, Foundation, Rights, Hate, Media, NBC News, NBC, Media Matters, University of North, Chapel, Department, The Justice, District, ACLU, Electronic Frontier Foundation, Columbia University, Constitution, Racket, Twitter, Federal Government, World Federation, Internet, Wired, Washington Post Locations: University of North Carolina, U.S, Ohio, Texas, San Francisco

☆ Harriet Tubman posthumously named a general in Veterans Day ceremony
▼ + stars: | 2024-11-12 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

— Revered abolitionist Harriet Tubman, who was the first woman to oversee an American military action during a time of war, was posthumously awarded the rank of general on Monday. Dozens gathered on Veterans Day at the Harriet Tubman Underground Railroad State Park in Maryland’s Dorchester County for a formal ceremony making Tubman a one-star brigadier general in the state’s National Guard. Harriet Tubman circa 1870. Wyatt hailed her aunt’s legacy of tenacity, generosity and faith and agreed Veterans Day applied to her as much as any other service member. In 2022, a Chicago elementary school was renamed for Tubman, replacing the previous namesake, who had racist views.

Persons: —, Harriet Tubman, Tubman, Wes Moore, ” Moore, ” Tubman, HB, Underwood, Moore, “, ” Moore siad, Tubman’s, Tina Wyatt, Wyatt, “ Aunt Harriet, ” Wyatt Organizations: Veterans, Harriet Tubman Underground Railroad, National Guard, Gov, “, Underground Railroad, Union Army, HB Lindsey, Underwood Archives Locations: Md, Maryland’s Dorchester County, Philadelphia, South Carolina, Chicago

☆ Family offices becoming 'economic powerhouse' in private company deals
▼ + stars: | 2024-11-12 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey. Half of family offices plan to do "direct deals" — or invest in a private company without a private equity fund — over the next two years, according to a family office survey from Bastiat Partners and Kharis Capital. As they grow in size and sophistication, family offices are becoming more confident about finding and negotiating their own private equity deals. "Family offices are being gradually recognized as an economic powerhouse in private markets," according to the report. The big challenge for family offices as they do more direct deals is so-called "deal flow," or the volume of possible deals.

Persons: Robert Frank Organizations: Bastiat Partners, Kharis

☆ The common national experience that explains Trump’s 2024 gains
▼ + stars: | 2024-11-12 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +15 min

Biden in 2020 did not gain ground across the country in as large a percentage of counties as Trump did in 2024. In 2020, Biden won Michigan, Pennsylvania and Wisconsin, the three former “blue wall” states that decided the election, by a combined 257,029 votes. “In 2020, Biden picks up everywhere. In 2020, Biden won only a little more than one-sixth of the nation’s counties, but the places he captured generated over 70% of the nation’s total economic output. The highest-output counties Trump flipped were almost entirely in the Sun Belt: from Hillsborough (Tampa) and Tarrant (Fort Worth) to Maricopa (Phoenix).

Persons: Donald Trump’s, Kamala Harris, Trump, Joe Biden’s, Trump hasn’t, Biden, ”, Alan Abramowitz, Harris, Harry Truman, Lyndon Johnson, Republican George W, Bush, Lynn Vavreck, “, Barack Obama, John Kerry’s, Obama, Hillary Clinton, Mitt Romney, Abramowitz, That’s, Vavreck, Trump’s, —, ” Vavreck, Mark Muro, Muro, Brookings, Elon Musk, ” Muro, NORC Organizations: CNN, Trump, Emory University, GOP, Biden, Republican, UCLA, Daily, Rural Studies, Michigan, White, Colorado and, Brookings Metro, Republicans, Democratic, Truman, Elon, Edison Research, Associated Press Locations: nation’s, nonmetropolitan, Nevada, Pennsylvania, Wisconsin, Iowa, Ohio, Colorado, Colorado and Virginia, Trump, Hillsborough, Tampa, Tarrant, Fort Worth, Maricopa, Phoenix

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Kissinger was deeply respected in China and continued to meet with its leaders as an unofficial diplomat in efforts to promote warmer relations between the two countries. Just months before Kissinger died in November 2023, he met with Chinese President Xi Jinping in Beijing in July 2023. They may not reach the same impact as Kissinger, given the more complex period, he said, though they could help stabilize relations. Cook and Schwarzman also regularly visit leaders in China, where they are often highlighted by Beijing as examples of positive China-U.S. business and trade relations.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Elon, Kissinger, Scott Kennedy, Henry Kissinger, Xi Jinping, Tesla, Li Qiang, Wang Yiwei, Wang, Musk's, Musk, Joe Biden, Biden, Trump, Wang Huiyao, Tim Cook, Blackstone, Stephen Schwarzman, Cook, Schwarzman, Dewardric Organizations: Getty, White, Economics, Center for Strategic, International Studies, U.S, SpaceX, Renmin University, CNBC, Trump, Center for, Longview Global Locations: Butler , Pennsylvania, Beijing, China, Washington, imploding, U.S, Center for China, Dewardric McNeal

☆ 'Hot Frosty' is the latest film in Netflix's Christmas Cinematic Universe. Here's how it connects to 'Falling For Christmas' and other movies.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Here's what to know about the universe and where "Hot Frosty" fits in. AdvertisementThe Netflix Christmas Cinematic Universe is expanding again with the streamer's new movie "Hot Frosty." Netflix's latest Christmas offering, "Hot Frosty," follows a woman (Lacey Chabert) who accidentally turns a snowman into a real man (Dustin Milligan) with the power of a magical Christmas scarf. In "Falling for Christmas" and some of the other Netflix Christmas movies, characters see "Christmas Prince" movies on their TV screens. For this to make sense, "Hot Frosty" and the "Christmas Prince" franchise would have to exist in a separate parallel world to "Falling for Christmas" within the Netflix Christmas universe.

Persons: Lindsay Lohan, Jennifer Coolidge, —, Lacey Chabert, Dustin Milligan, Lindsay Lohan's, Rachel McAdams, Chabert, Gretchen Wieners, Lohan, Cady Heron, Bobby Helms, Kathy, Gretchen, Cady, Jack, Sierra, Aunt Sandy, Jennifer Coolidge's, Aunty Sandy, Dottie, Katy Mixon Organizations: Service, Netflix, Marvel, Star Wars, Paramount, Sierra

☆ Exxon CEO says Trump should keep U.S. involved in global effort to address climate change
▼ + stars: | 2024-11-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday. Climate Change Conference and "continue to have the U.S. influence policy around the world," Woods told CNBC's "Squawk Box" on Tuesday. Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term. "I'm not sure how 'drill, baby, drill' translates into policy," Woods told CNBC's "Squawk Box" on Nov. 1, referencing one of Trump's campaign slogans. Exxon's production levels are based on how much money the company can return to shareholders, not which political party is on office, he said.

Persons: Donald Trump, Darren Woods, Trump, Woods, CNBC's, Joe Biden, Wood, I'm, Biden Organizations: Exxon Mobil, Exxon, Economic, of New, CNBC, U.S Locations: U.S, Baku, Azerbaijan, Paris, of New York

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Apple won't launch a smart ring, says Oura CEO: 'It's hard to do'
▼ + stars: | 2024-11-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

LISBON — Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung's smart ring debut earlier this year has put the product firmly in the spotlight, with one analyst predicting earlier this year that Apple could launch its own smart ring in 2026. But Tom Hale, CEO of Oura — which has been developing smart rings since the company was established in 2013 — said he doesn't think Apple will enter the space. "I think they're probably keeping a close eye on Samsung and a close eye on us, but it's hard to do this product category right." Under CEO Tim Cook, Apple has put a large focus on health applications through the Apple Watch and related services.

Persons: Oura, Tom Hale, —, they're, Hale, Tim Cook, Apple Organizations: Apple, CNBC, Apple Watch, Samsung Locations: LISBON, Lisbon, Portugal

☆ How Trump could exploit a looming global struggle for rare-earth minerals
▼ + stars: | 2024-11-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

The power grab over rare-earth minerals in Central Asia could be among the issues he will seek to exploit. AdvertisementA power struggle over rare-earth mineralsAt stake for the US in Central Asia is not just political power but access to the region's reserves of rare-earth minerals such as uranium, lithium, and tantalum. Rare-earth minerals are needed to make all sorts of products, from F-35 stealth fighters and smartphones to internet fiber-optic cables and MRI machines. It produces around 60% of the world's rare-earth minerals and processes nearly 90%, according to the Center for Strategic and International Studies. "There are rare-earth minerals worth exploring/exploiting, and if the US/EU could strike a major deal with [Kazakhstan's capital] Astana, this would certainly contribute to breaking China's monopoly," said Wolff.

Persons: Donald Trump, —, Vladimir Putin, Xi Jinping, Xi, Putin, he'd, Wilder Alejandro Sánchez, ALEXANDER RYUMIN, Emmanuel Macron, Olaf Scholz, John Herbst, Stefan Wolff, Wolff, Herbst, Trump Organizations: Service, Putin, The Republican, Biden, Getty Images, Center for Strategic, International Studies, University of Birmingham, BI, Trump, EU, Astana, Central Asia Summit, Getty Images Central, Central, China Locations: Russia, China, Central Asia, Mongolia, Saudi, Getty Images China, Kazakhstan, Uzbekistan, Xian, Shaanxi, FLORENCE, Ukraine, Soviet Union, Washington, Moscow, Beijing

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