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☆ Tariff Threats Show Trump’s Commitment to Upending Global Trade
▼ + stars: | 2024-11-26 | by ( Ana Swanson | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump’s threats to impose damaging tariffs on Canada, Mexico and China may ultimately be an opening wager to try to use the power of the American market to persuade other countries to stem a flow of drugs and migrants across U.S. borders. But even if the threat to impose vast tariffs on some of the world’s largest economies is a negotiating tactic, it is also a gambit that has immediate real-world consequences. Before Mr. Trump even sets foot in the Oval Office, his threat to put tariffs on America’s three largest trading partners on his first day in office was reverberating around the world, shocking international businesses, rocking diplomatic relationships and calling into question two big trade deals that Mr. Trump negotiated during his first term. Mr. Trump’s pronouncement late Monday that he would impose a 25 percent tariff on all goods from Canada and Mexico and a 10 percent tariff on products from China was immediately denounced by business groups, who said such a move would cause grave economic harm. Foreign officials rushed to reassure the incoming Trump administration that they had been working to stop drugs and migrants from coming into the United States — while warning that they were also ready to turn around and impose their own tariffs on American exports.

Persons: Donald J, Trump Organizations: Office, Trump, United Locations: Canada, Mexico, China, U.S, United States

This spiraled into a diss-track war in April and May, with Cole, Drake, Rick Ross, and Lamar all releasing new songs. Later in the track, Drake references Cole's diss track and apology. Evan Agostini/Invision/APLater in the track, Drake raps that he gave Future his first No. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. Instead of insulting Drake, Lamar claims that the "Push Ups" rapper's circle has been feeding him lies, leaking information about him, and hoping for his downfall.

Persons: Drake, Kendrick Lamar, Lamar, Lamar dissed Drake, J, Cole, Rick Ross, Hannah Getahun, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, “, rics,, m., ake Organizations: UMG, Spotify, Future, Metro, Universal Music Group, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, Drake, Diss, Lamar's, Florida

☆ A key U.S. inflation report looms over Wall Street. How to trade it
▼ + stars: | 2024-11-26 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

The October personal consumption expenditures price index report has many investors wondering how it may impact the postelection market rally. "It definitely threatens the dynamic of the market broadening because it jeopardizes the speed at which the Fed drops interest rates," Lee told CNBC. "Right now, the markets are pricing out interest rates one by one. Bill Baruch, president of Blue Line Futures, sees opportunities in the currency and bond markets if core PCE rate reaches 3%. "This PCE report and the expectation for a December cut are going to create quite a bit of volatility in fixed income," Ethridge told CNBC.

Persons: Dow Jones, William Lee, Lee, Jimmy Lee, Victoria Greene, Greene, Bill Baruch, Baruch, Malcolm Ethridge, Ethridge, Goldman Sachs, Russell Organizations: Core PCE, Milken Institute, CNBC, Traders, Wealth Consulting, Nvidia, Meta, Microsoft, Wealth, Blue, Capital Area Planning, U.S . Bancorp Locations: financials

☆ Renters struggle to build wealth, report finds. Here’s how they can boost financial wellbeing
▼ + stars: | 2024-11-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

In 2022, the typical renter in the U.S. had a median net worth of $10,400, according to a new report by the Aspen Institute. Renters generally go through financial challenges like lower income, higher debt, fewer savings balances and lower rates of asset ownership, the report noted. Across income levels, renters are less likely than homeowners to own assets including cars, retirement accounts and securities, among others, the report found. Here are some of the financial challenges renter households face by income, according to the Aspen Institute, and ways they can build wealth. watch nowA hypothetical family in this category "first needs financial stability to meet the precondition for wealth building," the Aspen report notes.

Persons: That's, Janneke Ratcliffe, Ratcliffe, Clifford Cornell, Cornell, Shaun Williams, Williams Organizations: Aspen Institute, Finance, Urban Institute, Paragon Capital Management Locations: U.S, Washington ,, New York City, Denver

☆ The hot new dating-app trend: matchmaking
▼ + stars: | 2024-11-26 | by ( Sydney Bradley | Dan Latu | ) www.businessinsider.com time to read: +6 min

Several new "matchmaking" dating apps have launched in the past year, addressing dating-app fatigue. Sitch, an AI-powered matchmaking app launched in New York in November. The current trend of new matchmaking apps generally splits into two categories: Either the users themselves are doing the matchmaking, or the app (typically built with AI) is matching users directly. Related storiesLoop, founded by siblings Lian and Adam Zucker, is a "matchmaking app where everyone can set up their single friends," Lian said. Sitch"We've tried to replicate the exact human flow of matchmaking," Sitch cofounder Nandini Mullaji — who has experience in matchmaking friends of friends IRL — told BI.

Persons: Sean Rad, Harry Stebbings, Lian, Adam Zucker, Ram Chirimunj, Zoe Mazakas, Chirimunj, Sahil, Ahuja, We've, Nandini Mullaji —, Sitch, Alex Weitzman, Nick Rosen, Rosen Organizations: Facebook, Match Group, IRL, New, New York City Locations: New York, swiping, New York City

☆ Hedge fund bets on a key oil and gas supply chain stock, saying it could rise over 300%
▼ + stars: | 2024-11-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

London-based hedge fund Granular Capital has revealed a renewed interest Borr Drilling , saying the offshore drilling company's shares could increase by up to 300% or 400%. The hedge fund's thesis centers on Borr's fleet of 24 modern jack-up rigs – specialized vessels used to maintain oil and gas production in shallow waters. Additionally, about one-third of the global jack-up fleet is approaching or has exceeded retirement age, suggesting a likely decrease in available equipment going forward. Singapore, which previously constructed 50% of global jackup rigs, has largely converted its manufacturing capacity to other uses. This week, Seatrium signed an agreement with India's Cochin Shipyard to build jack-up rigs, potentially at a lower cost in the future.

Persons: Thiago Mordehachvili, there's, Mordehachvili, Tor Olav Trøim, Sebastian Grindheim, Borr, Truls Olsen, Evercore, Jason, Granular's Mordehachvili, Seatrium Organizations: Borr, Sohn Conference, NYSE, Arctic Securities, Exxon Mobil, Valeura Energy, Fieldwood Energy, FactSet, Fearnley Securities, CNBC Pro, Keppel Offshore, India's, Shipyard Locations: Norway, Saudi Aramco, Malaysia, Thailand, Mexico, Mordehachvili, Singapore

☆ Fentanyl Rises Again, This Time as Trump’s Diplomatic Weapon Against China
▼ + stars: | 2024-11-26 | by ( David Pierson | ) www.nytimes.com time to read: +1 min

At the heart of President-elect Donald J. Trump’s threat on Monday to slap China with new tariffs is a bitterly recurring issue: the flow into the United States of the potent opioid fentanyl, created using chemicals made in China. In September, Chinese officials expanded the list of so-called precursor chemicals used in making the drug, imposing more oversight. It was a rare instance of cooperation from China, which has otherwise stonewalled the United States on issues including nuclear arms control, support for Russia and human rights. China is the main source of chemicals used to make fentanyl, a synthetic opioid that kills tens of thousands of Americans a year. Much of the flow into the United States is from drug cartels in Mexico who mix the precursors and smuggle the finished product across the border.

Persons: Donald J, Biden, China’s, Xi Jinping Locations: China, United States, Woodside , Calif, Russia, Mexico

☆ Why Trump Is Targeting U.S.-Canada Border Over Migrant Crossings
▼ + stars: | 2024-11-26 | by ( Hamed Aleaziz | Matina Stevis-Gridneff | ) www.nytimes.com time to read: +1 min

Here’s a look at what’s happening at the northern U.S. border. Illegal crossings have risen sharply but remain far below those at the southern border. Border agents made more than 23,000 arrests at the northern border from October 2023 through September, the 2024 fiscal year, according to U.S. Customs and Border Protection. That number has risen in recent years, from just over 2,000 in the 2022 fiscal year and around 10,000 in the 2023 fiscal year. Most of the arrests took place in part of the northern border known as the Swanton Sector, an area between Quebec and Vermont, New Hampshire, and New York.

Persons: Donald Trump’s, ” Organizations: U.S . Customs Locations: Mexico, U.S, Canada, Quebec, Vermont , New Hampshire, New York

The Goldman Sachs analysis also described Trump’s tariff announcement as “more reminiscent of the first Trump administration, when such tariffs were announced as a negotiating tactic.” Trump ultimately declined to impose some of his proposed tariffs. The unprecedented policy required migrants to stay in Mexico for the duration of their immigration proceedings in the United States. On the campaign trail, he frequently pledged to use tariffs as a negotiating tool to bend China and North American countries’ policies to his will. His advisers have acknowledged privately that tariffs could be more urgently slapped on Canada and Mexico, as Trump seeks to fulfill his campaign pledge to renegotiate his own free trade agreement. But Lutnick added that Trump wouldn’t seek to slap price-raising tariffs on goods that aren’t made in the United States.

Persons: Donald Trump’s, “, ”, Goldman Sachs, Matt Priest, Trump’s, Trump, ” Trump, Stephen Miller, Mike Pence, Claudia Sheinbaum, ” Sheinbaum, Joe Biden’s, —, Howard Lutnick, Lutnick, aren’t, ” Lutnick, it’s, CNN’s Matt Egan, David Goldman Organizations: CNN, Trump, Footwear Distributors, Retailers of America, General Motors, Stellantis, Ford Motor Company, North American Free Trade, Detroit Economic, CNBC Locations: Mexico, Canada, China, United States, North, America, ”, Washington, Mexican

☆ Trump names Jamieson Greer as his pick for US trade representative
▼ + stars: | 2024-11-26 | by ( Ramishah Maruf | Katie Lobosco | ) edition.cnn.com time to read: +3 min

CNN —President-elect Donald Trump announced Jamieson Greer as his pick to serve as the next US trade representative. Greer is no stranger to the role, having served as chief of staff to the trade representative during Trump’s first term, Robert Lighthizer. Trump has routinely referenced the passage of the USMCA trade agreement – which replaced the North American Free Trade Agreement, or NAFTA – as a political victory and a highlight of his presidency. The threat of tariffs could also be used as a negotiation tactic, as Trump has pledged to renegotiate the USMCA. In that role, he has covered cases on topics including trade policy and negotiations and trade agreement enforcement.

Persons: Donald Trump, Jamieson Greer, Greer, Trump’s, Robert Lighthizer, Trump, “ Jamieson, ” Trump, “, General’s Organizations: CNN, North American Free Trade, U.S . Trade, reining, Manufacturing, Agriculture, Services, USMCA, American Workers, Senate, Trump, New York Times, King, US Air Force, General’s Corps Locations: China, Mexico, Canada, Iraq

☆ A millennial used a little-known tax strategy to 'exchange' his rental property and sidestep capital gains taxes indefinitely. He explains the challenges and why it was worth the hassle.
▼ + stars: | 2024-11-26 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

AdvertisementJose Palafox used a DST 1031 exchange to defer taxes on his Portland rental sale. In the summer of 2024, Jose Palafox took advantage of a little-known tax strategy called a DST 1031 exchange, which allows investors to avoid capital gains tax on the sale of a rental property. Palafox was ready to sell his Portland rental, which had become more of a headache than a cash cow. Executing a DST 1031 exchange, in which you sell a property and reinvest the proceeds into a Delaware Statutory Trust (DST), not only allowed him to defer capital gains tax — it also released him from landlord responsibilities. To do a DST 1031 exchange, you have to be what's called an accredited investor.

Persons: Jose Palafox, Palafox, Palfox, I'd, you've Organizations: Delaware Statutory Trust, BI, DST Locations: Portland, San Francisco, Bay, Delaware

☆ 59% of Americans consider this the No. 1 sign of success — it's not wealth
▼ + stars: | 2024-11-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Pt Stock | Moment | Getty ImagesWhen Americans measure success, they're not often thinking about their net worth or account balances. "Few people view wealth itself" as the best benchmark, said Rebecca Rickert, head of communications at Empower. Only 27% believe wealth is the highest measure of success, the report found. 'You have to strike a balance'"Americans are equating success with happiness as to what money can buy," said Rickert. About 35% of polled Americans believe the economy is the top barrier to success, followed by income instability at 30%, the Empower report found.

Persons: they're, —, Rebecca Rickert, That's, Rickert, Clifford Cornell, Cornell Organizations: Bank of America, Joint Center for Housing Studies of Harvard University Locations: New York City, U.S

☆ New dating apps are betting on matchmaking in the era of swipe fatigue
▼ + stars: | 2024-11-26 | by ( Sydney Bradley | Dan Latu | ) www.businessinsider.com time to read: +7 min

Several new "matchmaking" dating apps have launched in the past year, addressing dating-app fatigue. Matching and matches are everyday phrases in the online dating app lexicon. Sitch, an AI-powered matchmaking app launched in New York in November. Big dating apps have previously dabbled in matchmaking. Sitch"We've tried to replicate the exact human flow of matchmaking," Sitch cofounder Nandini Mullaji — who has experience in matchmaking friends of friends IRL — told BI.

☆ When I was 30, my mom gave me $15,000 to spend on a gap year in Italy instead of a house or wedding. I have no regrets.
▼ + stars: | 2024-11-26 | by ( Tricia Patras | ) www.businessinsider.com time to read: +4 min

AdvertisementI used my savings and a $15,000 gift from my mom to travel and temporarily move to Italy in my 30s. So when I turned 30 that year, I used my savings and $15,000 from my mom to travel, take a gap year, and find "La Dolce Vita" in Italy. I loved the life I'd had in Italy, and I knew I had to finish what I'd started. Living in Italy was a once-in-a-lifetime experience — and I'm thankful my mom helped me do itI'm grateful I got to experience Italy, and I don't regret asking my mom for help. Finding self-confidence in Italy was a priceless experience, and I'll always cherish the memories from my gap year.

Persons: I'd, Tricia Patras, She'd, — Organizations: US Locations: Italy, San Francisco, Egypt, Greece, Florence, Japan, Munich, Europe

☆ Is it OK to pee in the shower? Urologists explain
▼ + stars: | 2024-11-26 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +6 min

CNN —Here’s a secret that’s not really a secret — many people pee in the shower. When it comes to going number one in the shower, urologists find it generally safe for both men and women. Still, there are certain scenarios in which using the shower as a makeshift toilet might not be a good idea. Still, she said people should not worry about catching an infection if someone with a UTI peed in a public shower since the shower water would wash the urine away. For people who get the urge to pee when hearing water but have trouble urinating, Shusterman advised seeing a doctor to get evaluated for urinary incontinence.

Persons: CNN —, “, ”, Karyn Eilber, “ It’s, it’s, David Shusterman, Shusterman, ” Eilber, Eilber, that’s, Jocelyn Solis, Moreira Organizations: CNN Locations: Cedars, Sinai, Los Angeles, New York City, New York

☆ The auto industry is pulling back on its 'capital junkie' tendencies after unprecedented spending on EVs, self-driving
▼ + stars: | 2024-11-25 | by ( Michael Wayland | ) www.nbcnews.com time to read: +12 min

It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. Capital junkieThe latest cost-cutting cycle comes nearly a decade after an infamous Wall Street presentation by late-Fiat Chrysler CEO Sergio Marchionne called “Confessions of a Capital Junkie.” The April 2015 report highlighted the industry’s massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. That’s shareholder money.”Most capital spending by automakers isn’t wasted, but the industry isn’t as efficient as other sectors, with minimal return on invested capital. While losing ground in China, GM has been among the most aggressive in spending on EVs and self-driving vehicles. GM and Hyundai this summer entered into an agreement to explore “future collaboration across key strategic areas” in an effort to reduce capital spending and increase efficiencies.

Persons: ” that’s, bender, ” Morgan Stanley, Adam Jonas, It’s, Sergio Marchionne, Marchionne, ” Jonas, Sergio, Joe Hinrichs, ”, Hinrichs, isn’t, “ We’ve, Rebecca Evans, Roland Berger, “, Ford, Peter Rawlinson, “ We’re, Oliver Blume, ” Blume, Paul Jacobson, ” Jacobson, Rivian, ” Marchionne, don’t, codevelop, Stellantis, —, Carlos Tavares, Bernstein, Daniel Roeska, Tavares, ” Tavares Organizations: DETROIT, General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Rivian Automotive, Hyundai Motor, Toyota, CSX, ”, Rehab, Nissan, EV, CNBC, VW, Reuters, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, PSA, “ Locations: Detroit, Japan, Germany, That’s, Europe, China, U.S, North America

☆ Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
▼ + stars: | 2024-11-25 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

CNN —President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration. What America importsThe United States’ top import from Canada is oil, which reached a record 4.3 million barrels per day in July, according to the US Energy Information Administration. The United States imports a significant amount of electronics from China, in addition to machinery, toys, games, sports equipment, furniture and plastics. The Trump tariffs also hit foreign steel, aluminum, washing machines and solar panels. He did just that when he was last in the White House, placing large tariffs on goods, primarily from China.

Persons: Donald Trump, Trump, ” Trump, “, ”, Liu Pengyu, ” Liu, Dow, Karl Schamotta, United Nations ’, It’s, Scott Bessent, Bessent’s, Trump’s, CNN’s Matt Egan, Jack Forrest Organizations: CNN, United, Embassy, United States, Canadian, Nasdaq, Treasury, America, US Energy Information Administration, United Nations, Commerce Department, Peterson Institute for International Economics, Senate, Commerce, US Trade Representative Locations: Mexico, Canada, China, “, United States, United, America

☆ Chess World Championship: Inside the grueling world of the tournament
▼ + stars: | 2024-11-25 | by ( Issy Ronald | ) edition.cnn.com time to read: +8 min

CNN —Ding Liren slumped over the board with fallen chess pieces scattered in front of him in the moments after he won the Chess World Championship last year. The Chess World Championship is an extraordinary, singular event. Zhang Shuo/China News Service/VCG/Getty Images“You lose weight during a chess tournament of this intensity. Several questions are running through a chess player’s head when an opponent makes a move, says Pein, rattling them off. Qualifying is so difficult that one appearance at a world championship might be all that a chess player can hope for.

Persons: CNN — Ding Liren, Ian Nepomniachtchi, “, Bobby Fischer, ” Viswanathan “ Vishy ” Anand, China’s Ding, India’s Gukesh, Ding Liren, Russia's Ian Nepomniachtchi, Zhang Shuo, ” Malcolm Pein, Magnus Carlsen –, Ding, ”, Gukesh, Garry Kasparov, Anatoly Karpov, Karpov, Kasparov, Danny Rensch, it’s, Rensch, Vishy, Dipayan Bose, What’s, Carlsen, Nepomniachtchi, They’re, ” Rensch, ” Pein Organizations: CNN, Olympus, CNN Sport, China News Service, English, Daily Telegraph, YouTube Locations: Singapore

☆ Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy's and more
▼ + stars: | 2024-11-25 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. Robinhood — Shares of the brokerage firm rose more than 7% after Morgan Stanley upgraded the stock to overweight from equal weight. Macy's — Shares of the retailer fell 3% after Macy's said it was delaying its official third-quarter results due to discovering that an employee had intentionally made incorrect accounting entries to hide delivery expenses. Abercrombie & Fitch — Shares rose 3% ahead of its third-quarter earnings expected Tuesday before the bell. Arm Holdings — Shares rose more than 1% after UBS initiated coverage of the chipmaker with a buy rating, citing upside from artificial intelligence demand.

Persons: LSEG, Morgan Stanley, Macy's, Oppenheimer, Bernstein, Sally Beauty, Cowen, Oliver Chen, —, Jesse Pound, Alex Harring, Michelle Fox, Samantha Subin, Pia Singh Organizations: Abercrombie, Fitch, FactSet, —, Sally Beauty Holdings, Santander —, UBS Locations: Hollister

☆ Devoted Aide Who Keeps Good News Flowing Will Follow Trump to the White House
▼ + stars: | 2024-11-25 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump has always demanded loyalty from his aides, but few have answered the call quite like Natalie Harp. A 33-year-old former far-right cable host, Ms. Harp is nearly always at Mr. Trump’s side. She has written him a series of devotional letters, including one that said, “You are all that matters to me.” Once, when Mr. Trump was playing golf in Scotland, she ran behind his cart to keep him up to date with positive stories and social media posts. Little known beyond Mr. Trump’s immediate orbit, Ms. Harp is now poised to play a potentially influential role in his White House, sitting right outside the Oval Office and acting as the conduit for a largely unsupervised flow of information to and from the president and helping him with his social media feed. She has no official title, but during the campaign, colleagues referred to her as the “human printer” because she followed Mr. Trump around with a portable printer and a battery pack to charge it, so she could hand him information in hard copy, as he prefers.

Persons: Donald J, Trump, Natalie Harp, Harp Organizations: House Locations: Scotland

☆ Trump’s Middle East Envoy Has Prior Ties to Oil-Rich Nations There
▼ + stars: | 2024-11-25 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

Steven Witkoff, the billionaire New York real estate executive whom President-elect Donald J. Trump has named as his special envoy to the Middle East, was in a jam. But there was a two-part rescue of sorts from the kind of real estate angels that New York property investors have increasingly turned to. First, Abu Dhabi’s sovereign wealth fund expanded its stake in the troubled hotel, Park Lane, which sits at the southern edge of Central Park. Then, in an even more crucial move, the Qatar Investment Authority last year dispatched $623 million as a leveraged buyout of Mr. Witkoff and his partners. The transactions — involving two oil-rich sovereign wealth funds from the Middle East — are a hint of the enormous flow of dollars pouring into U.S. real estate firms from entities associated with countries like Qatar, the United Arab Emirates, Saudi Arabia and Kuwait.

Persons: Steven Witkoff, Donald J, Trump, Witkoff’s, Abu, Witkoff Organizations: New, Justice Department, Qatar Investment Authority, Mr, United Arab Locations: New York, Manhattan, Park, Central, Qatar, United Arab Emirates, Saudi Arabia, Kuwait

☆ The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
▼ + stars: | 2024-11-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

It's a "capital junkie" that's been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. The April 2015 report highlighted the industry's massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. Most capital spending by automakers isn't wasted, but the industry isn't as efficient as other sectors, with minimal return on invested capital. Stock Chart Icon Stock chart icon Stocks of GM, Ford and Chrysler parent Stellantis in 2024. Courtesy: Business WireGM and Hyundai this summer entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies.

Persons: bender, Morgan Stanley, Adam Jonas, It's, Sergio Marchionne, Marchionne, Sergio Marchionne Brendan McDermid, Jonas, Joe Hinrichs, isn't, We've, Rebecca Evans, Roland Berger, Ford, Peter Rawlinson, Andrew Kelly, Oliver Blume, Blume, Paul Jacobson, Jacobson, Rivian, RJ Scaringe, Mary Barra, Euisun Chung, codevelop, Stellantis, —, Carlos Tavares, Oliver Bunic Organizations: General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Reuters, Rivian Automotive, Hyundai Motor, Toyota, CSX Corp, Rehab, Nissan, CNBC, Lucid Motors, Nasdaq, Churchill Capital Corp, Reuters Volkswagen, VW, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, Stellantis NV, Bloomberg, Getty Locations: Casa Grande , Arizona, Detroit, Japan, Germany, That's, New York City , New York, Europe, China, U.S, Kragujevac, Serbia

☆ Vaping immediately affects vascular health and oxygen levels, study shows, even without nicotine
▼ + stars: | 2024-11-25 | by ( Jen Christensen | ) edition.cnn.com time to read: +6 min

CNN —Vaping has an immediate effect on how well the user’s blood vessels work, even if the e-cigarette doesn’t contain nicotine, according to new research. But scientists say these results may mean that vaping regularly could lead to vascular disease down the road. “Even if there was no nicotine in the e-cigarette, there could be other components that may be harmful,” Nabbout said. Compared with the nonsmokers and cigarette smokers, the people who used vapes with nicotine had the most significant reduction in vascular function. If vaping is significantly affecting someone’s vascular health, e-cigarette users could then see increased heart attacks, strokes or blood flow issues, Rizzo said.

Persons: CNN — Vaping, Chicago –, ”, Marianne Nabbout, ” Nabbout, Nabbout, Albert Rizzo, Rizzo, Dr, Sanjay Gupta, “, ” Rizzo Organizations: CNN, Radiological Society of North, University of Arkansas, Medical Sciences, University of Pennsylvania, US Food and Drug Administration, FDA, American Lung Association, CNN Health, Research, Lung Association Locations: Radiological Society of North America, Chicago, Little Rock, United States

When asked about the regression Kingsbury said he didn’t plan on changing his offense, but this system desperately needs to evolve. But the Commanders offense played well enough to win Sunday — 26 points wins most games. Jones: Entering the season, it seemed realistic to expect the Texans to take another step forward after last year’s success. AdvertisementNguyen: All year, there were signs that the Texans offense is deeply flawed despite their weapons on the outside. So passing over Lock to play DeVito feels like an order from above rather than a coaching decision.

Persons: Mike Jones, Ted Nguyen, Dan Pompei, Cooper Rush, Jayden Daniels, Kliff Kingsbury, Kyler Murray, Kingsbury, Daniels, Weeks, zR9liUhdix, they’re, Jones, Dan Quinn, Washington, Quinn, hasn’t, They’ll, They’ve, Stroud, I’m, Sam Darnold, That’s, isn’t, Caleb Williams, Jared Goff, Joe Flacco, Mac Jones, Will Levis, Tommy DeVito, Daniel Jones ’, Daniel Jones, Drew Lock, DeVito, John Mara, Brian Daboll, … DeVito, —, Timothy Nwachukwu Organizations: Texans, Carolina Panthers, Athletic NFL, Cowboys, EPA, Sunday, Washington, Dallas, AFC, Stroud, Jets, Titans, Chiefs, Ravens, Jaguars, Dolphins, Vikings, Bears, NFC, Detroit Lions, Lions, Packers, 49ers, NFC North, Detroit, Philadelphia, Super, Bucs, Giants, Buccaneers Locations: Chicago, Washington, Arizona, Kansas City, Buffalo, Baltimore, Pittsburgh, Stroud, Minnesota, Detroit, New York

☆ Junk food lover Warren Buffett's new pizza investment fits perfectly in Berkshire's portfolio
▼ + stars: | 2024-11-24 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Warren Buffett, a celebrated lover of junk food, just bought into a national pizza chain whose shares are trading near their cheapest level of the year. Whosever original idea, Domino's Pizza is in keeping with other, long-standing investments by the sprawling Omaha-based conglomerate. DPZ YTD mountain Domino's Pizza shares have trailed the S & P 500 this year. Value bet Domino's fits into Berkshire's value investment philosophy, focused on cash flow and price-to-earnings and price-to-book-value yardsticks. Pizza wars The pizza chain has struggled with comparable sales growth in the U.S. as competition for cost-conscious customers mounts.

Persons: Warren Buffett, Buffett, Berkshire Hathaway, Ted Weschler, Todd Combs, Oscar Meyer, Kraft Heinz, Burger King, Tim Hortons, Jeffrey Bernstein, it's, Warren, Bernstein Organizations: Kraft, Berkshire, Restaurant Brands, Tim Hortons amd, Barclays Capital, Barclays, CNBC Locations: Berkshire, Omaha, McDonald's, Domino's, U.S

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