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☆ Rescuers find body of final worker missing from Tennessee factory after Hurricane Helene flooding
▼ + stars: | 2024-11-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

ERWIN, Tenn. — Rescue workers in Tennessee said Friday they have recovered the body of the final person still missing after massive flooding from Hurricane Helene hit a plastics factory there. Rosa Andrade, 29, was one of six employees killed after they were unable to escape the rising waters around Impact Plastics in Erwin, a small town in East Tennessee. Normally running 2 feet deep, the river rose to a record 30 feet that day, with more than 1.4 million gallonso of water running downstream each second — twice as much as Niagara Falls. Relatives of some of those who were killed have sued Impact Plastics and its owner, Gerald O’Connor. The Tennessee Bureau of Investigation is probing the allegations involving Impact Plastics at the direction of the local prosecutor.

Persons: ERWIN, Hurricane Helene, Rosa Andrade, Andrew Harris, Gerald O’Connor, Johnny Peterson, O’Connor, Helene Organizations: —, Plastics, Impact Plastics, Tennessee Bureau Locations: Tenn, Tennessee, Hurricane, Erwin, East Tennessee, Niagara, U.S

☆ Boeing dismantles diversity department, Bloomberg news reports
▼ + stars: | 2024-11-01 | by ( ) www.nbcnews.com time to read: +1 min

Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, citing people familiar with the matter. Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the company. “It has been the privilege of my lifetime to lead Equity, Diversity, and Inclusion at the Boeing company these past 5+ years. Our team strived every day to support the evolving brilliance and creativity of our workforce,” she said in the post. Earlier this month, the company also said that it planned to cut 17,000 jobs, which represent 10% of its global workforce.

Persons: Sara Liang Bowen, ” Organizations: Boeing, Bloomberg, Equity, Diversity Locations: Boeing’s

FARUKH NAGAR, India — The words “Indian Fireworks” are spelled out faintly in Hindi on the disused storefront. The small factory and dozens of others in this town a couple of miles from India’s capital, New Delhi, once produced a dizzying array of fireworks. Now there are neither fireworks nor any shoppers at the abandoned workshops of Farukh Nagar, which had produced the pyrotechnics since before the country’s independence from British colonial rule in 1947. The town stands as a grim reminder of the government’s crackdown on pollution and what it deems dangerous fireworks. “No place celebrated Diwali like we did.”

Persons: FARUKH, Farukh, gifting, ”, Mohammed Hamid Locations: FARUKH NAGAR, India, India’s, New Delhi

☆ Election next week holds big implications for stock market, especially the control of Congress
▼ + stars: | 2024-11-01 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

But the true implications for investors monitoring the election may lie in which party controls Congress, rather than who will sit in the White House. .SPX YTD mountain S & P 500 The importance of whichever party controls Congress was highlighted by Trump's recent trips outside battleground states such as New Mexico , a state that hasn't voted for a GOP presidential nominee in roughly 20 years. On the other hand, Evercore ISI's Emanuel expects a Harris victory, with a Democratic sweep of Congress, could result in the S & P 500 falling to roughly 5,700. The S & P 500 slid 1%, while the Nasdaq dipped 0.5%. Earnings season continues with about 100 S & P 500 companies confirmed to report.

Persons: Donald Trump, Kamala Harris, Trump, Nanette Abuhoff Jacobson, I'm, Abuhoff Jacobson, hasn't, Brian Burrell, Jay Hatfield, Harris, Hatfield, Evercore ISI's Julian Emanuel, Evercore ISI's Emanuel, Jerome Powell's, Ralph Lauren, Warner, Alex Harring Organizations: NBC, Congress, House, Democratic, Republican, Hartford Investments, GOP, Thornburg Investment Management, Infrastructure Capital Advisors, Senate, Wednesday, Regional Banking, Treasury, Federal Reserve, Dow Jones, Nasdaq, National, Marriott International, Diamondback Energy, Wynn Resorts, Palantir Technologies, NXP Semiconductors, PMI, PMI Services, Services PMI, Petroleum, Brands, Technology, Computer, CVS, Howmet Aerospace, Gilead Sciences, Labor, Consumer, Moderna, Molson Coors Beverage, Halliburton, Hershey Co, Warner Bros, Expedia, Akamai Technologies, Paramount Locations: New Mexico, Albuquerque, Santa Fe , New Mexico, Hartford, Albemarle, Qualcomm, Michigan

☆ 54-year-old lost her kids' $60,000 college fund by spending it on her side hustle—how she got it back, and more
▼ + stars: | 2024-11-01 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Kim Vaccarella was so confident in her business idea that she emptied her children's $60,000 college fund to bring it to life. Today, Vaccarella, 54, is the CEO and founder of Secaucus, New Jersey-based Bogg Bag, a waterproof tote bag-maker on track to top $100 million in annual sales this year, she says. But in 2008, she was a mom of two with an idea for a more practical beach bag. Two years later, Vaccarella's company brought in more than $1 million in annual sales, she recently told Entrepreneur, and she quit her job to run Bogg Bag full time. The sturdy, easily washable bags went viral on TikTok and Instagram earlier this year, contributing to another significant boost in sales.

Persons: Kim Vaccarella, —, Vaccarella, ″ Organizations: CNBC, U.S . Locations: Vaccarella, Secaucus , New Jersey, U.S, U.S . East Coast, Hurricane, China

☆ Is this the deal to end Boeing’s crippling 7-week strike?
▼ + stars: | 2024-11-01 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +10 min

New York CNN —More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. And it happened 10 years ago at Boeing, when about two-thirds of members rejected an offer that ended the pension plan. Despite its many problems, Boeing is a major force in America economy, and it is the largest American exporter. Ending the strike is important for Boeing’s new CEO, Kelly Ortberg, who started in the job just five weeks before the strike began.

Persons: it’s, ”, “, John Deere, “ It’s, Brandon Felton, we’ve, Jon Holden, haven’t, ” Holden, you’ve, ’, hasn’t, Lindsey Wasson, Holden, What’s, Max fuselages, David Ryder, they’ve, Kelly Ortberg, Ortberg, “ Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Labor, ” Union, United Auto Workers, CNN, IAM, ”, Anderson Economic Group, Anderson, Reuters, Alaska Airlines Locations: New York, Michigan, Seattle, America

☆ China’s manufacturing output swings back into expansion in October, private survey finds
▼ + stars: | 2024-11-01 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China's Shandong province, Aug. 9, 2023. China's factory activity swung back into expansion among smaller manufacturers in October, according to a private survey released on Friday. The Caixin/S&P Global manufacturing PMI came in at 50.3 in October, beating the median estimate of 49.7 in a Reuters poll. A PMI reading above 50 indicates expansion in activity, while a reading below that level points to contraction. This private gauge, which focuses on smaller and export-oriented firms, comes after the official PMI data, released Thursday, indicated that manufacturing activity in the country expanded for the first time since April.

Organizations: P Global, PMI Locations: Yunmenshan, Qingzhou city, East China's Shandong

☆ CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares. While the company's cloud division missed revenue expectations, it's growing faster than it had in the same period last year. CNBC Pro checked in with Teng again to find out how his picks have performed, and if he has changed his mind on the stocks he's betting on.

Persons: Kevin Teng, Teng Organizations: CNBC, Big Tech, U.S, Japan's Nikkei, CSI, Apple, Amazon, P Global, PMI, Boeing, Wrise Private Singapore Locations: Asia, Pacific, Cupertino, China

☆ In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
▼ + stars: | 2024-11-01 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

An Intel employee raised concerns about the upcoming US election's impact on CHIPS Act funding. Intel invested billions in US factories but hasn't received CHIPS Act grants yet. AdvertisementIntel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel's CHIPS and Science Act funding at an all-hands meeting on Friday. He also addressed the delay of CHIPS Act funding distribution. Government leaders are also monitoring the CHIPS Act funding delays.

Persons: hasn't, Dow Jones, —, Pat Gelsinger, Gelsinger, I've, Semafor, Mike DeWine, Stephen Ezell, Kamala Harris, Donald Trump, Dow, maniacally Organizations: Intel, Nvidia, Dow, Service, US Commerce Department, Bank, Bloomberg, Congress, Government, White, Information Technology, Innovation Foundation, Life Sciences, Dow Jones Locations: New Mexico , Arizona , Ohio, Oregon, Washington ,, Ohio, New Albany

☆ China's factory activity expands for the first time since April, official survey shows
▼ + stars: | 2024-10-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China's official purchasing managers' index for October came in at 50.1, in expansionary territory for the first time since April, according to National Bureau of Statistics data released Thursday. The last time the PMI was above the 50-point line that determines contraction from activity was in April, with a reading of 50.4. Raw materials inventory ticked up to 48.2, still in contraction territory, along with employment at 48.4, which was mildly better than the prior month. The statistics bureau's PMI for non-manufacturing activity rose to 50.2 in October. The employment portion of the non-manufacturing PMI climbed by 1.1 percentage points to 45.8.

Organizations: BEIJING, National Bureau, Statistics, PMI

☆ Asia markets set for mixed open ahead of Bank of Japan decision, China factory activity figures
▼ + stars: | 2024-10-31 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank's headquarters in Tokyo, JapanAsia-Pacific markets are set for a mixed open on Thursday as investors look to the Bank of Japan's rate decision, as well as key business activity figures from China. Economists polled by Reuters expect the BOJ will hold rates at 0.25%, although the statement will be parsed for any clues on the timing of its next rate hike. In China, the National Bureau of Statistics is set to release the country's official purchasing managers index numbers for September, with the manufacturing PMI forecast to come in at 49.9, a softer contraction than the 49.8 the month before. Still, that would be the sixth straight month of contraction for the country's manufacturing sector.

Persons: Kazuo Ueda Organizations: Bank of Japan, Bank of, Reuters, National Bureau, Statistics Locations: Tokyo, Japan Asia, Pacific, China

☆ Safe-haven gold on track for best month in seven
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +2 min

Gold Bullion from the American Precious Metals Exchange seen in this picture taken in New York on Sept. 15, 2011. Gold prices climbed to a record high on Thursday and were headed for their best month in seven on safe-haven demand ahead of the U.S. presidential election, while investors awaited U.S. inflation report for clues on the interest rate path. Spot gold was steady at $2,786.89 per ounce, as of 0254 GMT, after hitting a record high of $2,790.15 earlier in the session. "Traders want to buy gold whether it rises or falls, and that has kept retracements small and consolidations tight. All three metals were on track for a monthly gain.

Persons: Donald Trump, Kamala Harris, Kyle Rodda, Matt Simpson, Bullion Organizations: Precious Metals, U.S, Republican, Democratic, Trump, Capital.com, Index Locations: New York, U.S, United States, Index ., China

☆ Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
▼ + stars: | 2024-10-30 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

Experts told BI that all three companies face slumping EV sales and brutal competition in China. BMW and Mercedes-Benz have issued profit warnings in recent weeks amid slumping EV sales in Europe and brutal competition in China, while Volkswagen is also facing a reckoning. German carmakers are losing out to Chinese EV makers such as BYD. She added that Mercedes, BMW, and Volkswagen offer comparatively few hybrid and extended-range vehicles — categories that have proven extremely popular in China. Slow sales in EuropeAt the same time, Germany's automakers are also dealing with a slowdown in EV sales in Europe.

Persons: —, Arno Antlitz, Mercedes, Hendrik Schmidt, Daniel Pier, Getty Images Helena Wisbert, Wisbert, Matthias Schmidt, Tesla, JENS SCHLUETER, that's Organizations: BMW, Mercedes, Benz, Service, Volkswagen, Wednesday VW, VW, dpa, China Passenger Car Association, Getty Images, Ostfalia University, Getty, European Union, Volkswagen Group, UBS Locations: Germany, China, Europe, North America, South America, China —, AFP

☆ We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts
▼ + stars: | 2024-10-30 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Organic revenue growth of 1% matched expectations. Management raised the midpoint of full-year earnings guidance despite the continued in weakness in China that has been hampering top-line organic growth. Bottom Line Results were mixed, but it comes as no surprise that the quarter was negatively impacted by weakness in China. The team continues to deliver for customers and we've seen PDx reports seven quarters of high-single-digit or double-digit organic revenue growth." Pharmaceutical Diagnostics (PDx) segment — used in radiology and nuclear medicine to deliver more precise diagnoses — was particularly strong, delivering segment revenue growth of 7% organically.

Persons: Peter Arduini, Arduini, We're, James Saccaro, Saccaro, GEHC, Jim Cramer's, Jim Cramer, Jim, Martin Schutt Organizations: GE Healthcare, Revenue, LSEG, Management, Pharmaceutical Diagnostics, General Electric, Philips, Siemens, U.S . Food, Drug Administration, GE Healthcare's, Care Solutions, CNBC, Getty Locations: China, U.S, Jena , Germany

CNN has reached out to Terada for comment on the R-FBI’s role in Russian disinformation efforts, and ties to the state. Storm-1516 and R-FBI network members have spread at least 54 different disinformation narratives online since August 2023, according to Clemson and CNN’s analysis. “Does anyone believe that an American would be the spearhead of what some call the biggest Russian Disinformation operation since the cold war? TelegramAnother prominent figure in propagating Russian disinformation is American Tara Reade, a former Senate staffer who in 2020 accused then-presidential candidate Joe Biden of sexual harassment. The links between Terada’s group and other Russian disinformation efforts are at best opaque, which is likely no accident.

Persons: –, Yevgeny Prigozhin, Wagner, Mira Terada, Kamala Harris, Tim Walz, Harris, Walz, Morgan Finkelstein, “ Vladimir Putin, Donald Trump, Trump, ”, Win McNamee, ” Darren Linvill, Patrick Warren, “, Biden, Warren, Kamala, Influencers, John Mark Dougan, Dougan, he’s, Andrew Harnik, MAGA, IMbaMm8YVF, Darren Linvill, Linvill, ” Clemson, Maxim Shugaley, Terada, Vladimir Putin’s “, ” Prigozhin, Konstantin Pridybaylo, Ruslan Ostashko, Colin Gerard, Gerard, Alexander Dugin, picturing, Tara Reade, Joe Biden, Reade, ” Chay Bowes, Simeon Boikov, podcaster, Bowes, ” Warren, Sean Lyngaas, influencers Organizations: CNN, Clemson University’s, Russian Foundation, FBI, Storm, Democratic, Minnesota Gov, Clemson, Getty, NBC, Wired, Prigozhin’s, Internet Research Agency, Miami Chronicle, Boston Times, DC, IRA, Russian, Gov, National Intelligence, US State Department, Minnesota, Apple, Trump, Infrastructure Security Agency, ’, Federal Bureau, Investigation, Kremlin, Wagner Group, US Justice Department, ANO Dialog, BRICS Journalists Association, Washington Post, Center, Forensics Locations: Russian, Ukraine, West, San Francisco, Zambia, Savannah , Georgia, ”, “, American, Zambian, St . Petersburg, Florida, Moscow, Russia, Kazakhstan, Minnesota, Philadelphia , Pennsylvania, Bucks County , Pennsylvania, Bucks County ,, French, Irish, Sydney, European

☆ AstraZeneca says its China operations president under investigation
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: +1 min

The office building of biopharmaceutical company AstraZeneca is being seen in Shanghai, China, on May 23, 2024. AstraZeneca 's China president is under investigation and is cooperating with Chinese authorities, the company said on Wednesday, sending shares down as much as 5.3%. When asked about Wang's whereabouts, a company spokesperson only reiterated that the executive was under investigation. In a statement, the drugmaker said its Chinese operations were "under the leadership of the current general manager of AstraZeneca China," without providing further details. AstraZeneca shares were down 5.2% at 1352 GMT.

Persons: Leon Wang Organizations: AstraZeneca Locations: Shanghai, China, drugmakers, United States, AstraZeneca China

☆ Here is the letter from Sam Bankman-Fried’s parents to Judge Kaplan.
▼ + stars: | 2024-10-30 | by ( ) www.nytimes.com time to read: +4 min

Sometime in middle school Sam began to think more systematically and globally about ethical obligations. While he was still in high school, Sam started to think hard about the implications of utilitarianism for how he should live his life. There is great nobility in his indifference to his own happiness, but there is also great sadness for us as parents. After everything came apart in November 2022, Sam shared a lot of things with his dad and me that he had never said before. In the end, I am in no position to argue him out of his subjective experience of life.

Persons: Sam, Derik Parfit, veganism, I've Organizations: MIT Locations: Bay

☆ A Train Ride Deep Into a Forest, and Into the Past
▼ + stars: | 2024-10-29 | by ( Lam Yik Fei | ) www.nytimes.com time to read: 1 min

All logging ended there in 1992; Alishan is now a national forest and one of the most scenic spots in Taiwan. For those who grew up in the area and recall the train, riding it up the mountains and into the trees is part of what makes the place special. “This railway is one of the reasons that brings me home,” said Peng Hsiao-chi, 68, a factory worker who spent her youth in the countryside near Chiayi. She and her husband awoke at 4 a.m. and drove two hours to be among the first to ride the restored railway. They were lucky, clinching last-minute tickets released on the departure day.

Persons: ”, Peng Hsiao Locations: Taiwan, Chiayi

☆ Volkswagen plans to close ‘at least’ 3 German plants and lay off thousands of workers
▼ + stars: | 2024-10-28 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday. The plans are already facing pushback from labor unions in the country, where Volkswagen employs 295,000 people, setting the stage for possible strikes in the coming weeks. Volkswagen has been locked in negotiations with unions for weeks over its plans to cut costs and restructure business operations. A Volkswagen employee holds a placard reading "Hands off the collective agreement" during a VW works council event in Zwickau, eastern Germany on October 28, 2024. It has previously said that it would seek to terminate an employment protection agreement with labor unions, which has been in place since 1994, to “future proof” the business.

Persons: ” Thorsten Groeger, Metall, IG Metall, Volkswagen’s, Daniela Cavallo, ” Cavallo, Jens Schlueter, Gunnar Kilian, ” Thomas Schaefer, ”, Volkswagen Organizations: London CNN, Volkswagen, VW, IG, CNN, ”, Getty, Labor Locations: Germany, Zwickau, AFP, China, Europe

☆ China's industrial profits plunge at fastest pace since the pandemic
▼ + stars: | 2024-10-28 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

China's industrial profits in September dropped at its fastest pace since the pandemic, data from the National Bureau of Statistics showed, as the country tussles with an economy plagued by slow growth, lack of demand and a property crisis. After a 17.8% fall in August, industrial profits declined 27.1% in September from a year ago, marking the steepest plunge since March 2020, when it dropped by 34.9%, according to data kept by Wind Information. In the first nine months, industrial profits fell by 3.5% from a year ago. NBS statistician Yu Weining said "insufficient demand and a sharp decline in producer prices" weighed down the profitability of industrial firms. Gary Ng, senior economist at Natixis, said in an email to CNBC that "the weakness of industrial profits indicates China's greater need for demand-side policies."

Persons: Goldman Sachs, Hui Shan, Yu Weining, Gary Ng Organizations: National Bureau, Statistics, Information, People's, CNBC, Reuters, PMI Locations: Jiangxi Province, Shanghai, China, Beijing

The hum of a peaceful New York City afternoon was broken by chaos Sunday as Washington Square Park played host to a viral Timothée Chalamet lookalike competition. Miles Mitchell, left, winner of the Timothée Chalamet lookalike contest, came dressed as Willy Wonka, whom Chalamet, right played in the film “Wonka.” AP; Warner Bros. I’m gonna win $50.”As Washington Square Park became overcrowded, the red carpet (yes, a real red carpet) was uprooted and the Timothées began a panicked pilgrimage to a smaller park nearby. Contestants gather for the Timothée Chalamet lookalike contest in Washington Square Park in New York on Sunday. Stefan Jeremiah / AP“I really love Timothée.

Persons: Chalamet, ” Police didn’t, “, ”, Tamir Omari, ” Chalamet, Chalamet’s Paul Atreides, Miles Mitchell, Willy Wonka, Wonka, Paul Atreides, Bob Dylan, Timmy, Dempsey Bobbitt, I’m, Stefan Jeremiah, Madeline Berns, Rutgers University . Berns, Berns, “ It’s, ” Omari, Kylie Jenner, Mitchell Organizations: Washington Square Park, Associated Press, ” Police, AP, Warner Bros, ”, Washington, Rutgers University Locations: New York City, Washington, New York

☆ What Harris and Trump are proposing for the economy
▼ + stars: | 2024-10-27 | by ( Tami Luhby | Katie Lobosco | ) edition.cnn.com time to read: +21 min

CNN —Former President Donald Trump and Vice President Kamala Harris have laid out a broad array of ideas aimed at making life more affordable and strengthening the economy, which rank at the top of voters’ concerns. Both Trump and Harris have rolled out pricey provisions without specifying how they would cover the cost. Though his campaign hasn’t released details on the proposal, Trump has indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. Around half of beneficiaries – mainly those with higher incomes – pay federal income tax on their Social Security payments. Harris’ plan would also accelerate the speed of Medicare’s drug price negotiations so that the costs of more medications come down faster.

Persons: Donald Trump, Kamala Harris, hasn’t, Harris, Harris ’, Trump, Joe Biden’s, Biden, Sen, JD Vance, Trump’s, ” Harris, USMCA, ” Trump, He’s, Elon Musk, John Deere, ” Vance Organizations: CNN, Trump, Yale University, Security, Social Security, Center, Social, Rescue, Medicare, GOP, Biden, Republican Party, ” Invest, America, Federal Reserve, American Locations: Nevada, Las Vegas, Mexico, Canada, Texas, Florida, Harris, Midwest

☆ How Apple's China suppliers could actually benefit from U.S. trade tensions, according to JPMorgan
▼ + stars: | 2024-10-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

After a sweeping look at global trade shifts, JPMorgan strategists have concluded that some of Apple's Chinese suppliers could benefit from the trend of supply chain diversification. The Oct. 18 report looked at 10 aspects of "the great supply chain relocation and the rise of trading blocs." The analysis ranged from China's dominance in the global supply chain and overcapacity concerns, to U.S. policy. Calls for supply chain diversification picked up during the Covid-19 pandemic. "Further, they highlight names that could benefit from Apple's supply chain relocation," the report said.

Persons: Donald Trump's, Trump, Kamala Harris, Oppo, Bernstein, — CNBC's Michael Bloom Organizations: JPMorgan, Republican, Democratic, Biden, Apple, Wingtech, Luxshare Precision Industry Locations: U.S, China, India, ASEAN, Mexico, iPhones, GoerTek, Luxshare, Vietnam, Malaysia, Philippines, Shenzhen, Indonesia

☆ Boeing's new CEO is taking on the ultimate management test
▼ + stars: | 2024-10-26 | by ( Tim Paradis | Taylor Rains | ) www.businessinsider.com time to read: +8 min

Boeing's still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg is focusing on communication, trust, and future innovation at Boeing to get the company on the right path. Ortberg, in a letter released to employees along with the company's third-quarter results, said Boeing's customers want — and need — the company to succeed. "With the right focus and culture, we can be an iconic company and aerospace leader once again," he wrote. "When you feel that the CEO is with you, and the CEO is feeling your pain, it makes it more tolerable and provides hope for the future," Franklin said.

Persons: Boeing's, Kelly Ortberg, Ortberg, —, we've, Bill George, George, he's, Rosalind Franklin, Boyden, Franklin, Jeffrey Sonnenfeld, who's, Mary Barra, Alan Mulally, Sonnenfeld, haven't, Richard Aboulafia, they're, Aboulafia Organizations: Boeing, Service, Harvard Business School, Yale School of Management, Yale's, Leadership, General Motors, Ford, GM Locations: Seattle

☆ What the rising popularity of Yemeni coffee shops say about third places
▼ + stars: | 2024-10-26 | by ( Ramishah Maruf | Monica Haider | ) edition.cnn.com time to read: +9 min

Times Square will be home to two other chains, MOKAFÉ and Qamaria Yemeni Coffee Co. But Yemeni coffee houses have taken up both those trends and boomed. Where did Yemeni coffee shops come from? We own the coffee farms in Yemen, we grew up with the coffee, we loved coffee,” Alhasbani said. “Several Yemeni entrepreneurs are opening coffee houses of their own, each with its own sort of style and atmosphere.”The coffee chains have big ambitions beyond Dearborn.

Persons: Ahmed, Ahmed Moustafa, Bhavishya, ”, Sally Howell, Howell, ” Ibrahim Alhasbani, “, Ibrahim Alhasbani, Carlos Osorio, ” Alhasbani, Alhasbani, “ There’s, Hovig Tchalian, don’t, ” Howell, Haraz, Yemen it’s, ‘, ” Moustafa Organizations: New, New York CNN, Carmine, Times, Yemeni, Co, University of Michigan – Dearborn, Qahwah, CNN, Entrepreneurship, USC Marshall School of Business, New York City Locations: New York, Detroit, SoHo, Manhattan, Qahwah, Ethiopia, Yemen, Dearborn, Yemen's, Mich, Michigan, Dallas, Dearborn , Michigan, United States, Downtown Dearborn, Canada, Qahwah House’s, Soho, Brooklyn, Queens

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