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O’KEEFE: “The Loves of Theodore Roosevelt” argues that the most masculine president in the American memory is actually the product of unsung and extraordinary women. Theodore Roosevelt with his second wife, Edith Carow Roosevelt, and his first five children in the mid-1890s. I had this fascinating conversation with Connie Roosevelt, who is the wife of Theodore Roosevelt IV (Teddy’s great-grandson). I love Robin Williams and the depiction in “Night at the Museum,” but that’s a cartoon of Theodore Roosevelt. Theodore Roosevelt, like his distant cousin Franklin Roosevelt, was considered a traitor to his class.
Persons: CNN — Theodore Roosevelt, Roosevelt, , Theodore Roosevelt, Edward O’Keefe, Buyenlarge, Theodore Roosevelt ”, Mount Rushmore, Anna, Corinne, Alice, Mittie, Martha, Edith Carow Roosevelt, Connie Roosevelt, Theodore Roosevelt IV, Connie, , that’s, didn’t, Robin Williams, who’s, WOLF, he’s, Horatio Alger, Franklin Roosevelt, Politics, Theodore Sr, Biden WOLF, Joe Biden, There’s, Josh Hawley, , I’ve, Edith, He’s, Kristi Noem, they’ve, Josiah, Emily, Theodore Roosevelt’s Organizations: CNN, Republican Party, Theodore Roosevelt Presidential Library Foundation, Roosevelt, Rough Riders, FPG, National Parks Conservation Association, Museum, of Congress, North Dakota —, Senate, South Dakota Gov, White Locations: North Dakota, Mount, Cuba, , Africa, Europe, America, Missouri, Dakota, South Dakota, New York, Sagamore, Oyster
Reselling items on eBay can be an effective way to bring in extra cash. For Richard S., who prefers not to share his last name for privacy reasons, eBay was his ticket to financial independence. The eBay expert, who's been reselling on the platform since 2008, recommends starting by listing what you already have lying around your house. I'm buying everyday value items that everybody can afford. "If you go out there with the most amount of information and you give yourself the most amount of opportunities you will run into more of these home run items."
Persons: Richard S, who's, Richard, Ralph Lauren, I'm, Gucci, Louis Vuitton, Roger Federer, Rafael Nadal, that's, He's Organizations: Service, eBay, Technsports, Business, Nike, Louis Locations: Germany
New York CNN —New York was just a few weeks away from becoming the first American city to adopt congestion pricing, a system designed to alleviate traffic, reduce air pollution and fund public transit. Then, at the last minute, the governor lost her nerve, citing the dubious claim that it would hurt the working class. Many of the businesses that employ the workers Hochul claims to be protecting are disappointed with the decision. The price was supposed to be high enough to discourage drivers, but not so high that businesses would suffer. As the New York Times notes, congestion pricing has been wildly unpopular “in suburban areas of the Hudson Valley and Long Island where Democrats are desperate to make gains” in this election cycle.
Persons: CNN Business ’, Kathy Hochul, she’s, , Kathryn Wylde, Hochul’s, Hochul Organizations: CNN Business, New York CNN —, Broadway, Partnership, New, New York, Midtown, Yorkers, New York Times Locations: New York, York, Midtown, New York City, Singapore, London, Stockholm, bodega, Hudson, Long
Perhaps the last thing the market needs is another shady financial product that pushes low-income Americans into homes they can’t afford, under terms that could bankrupt them. The zero-down mortgage is making a comeback, my colleague Matt Egan reports. And honestly, when has the value of the housing market ever gone anywhere but up up up up? The housing market, as we all remember from “The Big Short,” does not always go up. One way for motivated buyers to hunt for a lower mortgage rate is buy someone else’s.
Persons: America’s, aren’t, Matt Egan, you’re, let’s, didn’t, you’d, you’ll, , Patricia McCoy, ” Alex Elezaj, ” Adams, , Samantha Delouya, Ellen Harper, Samantha, ” Harper Organizations: New, New York CNN, Wall, United Wholesale Mortgage, Boston College Law School, CNN, Locations: New York, Georgia
Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. By the end of this year or early next year, Zhang expects the train station route will be fully driverless, with no human staff inside. BEIJING — In three years, China's capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. By the end of this year, Zhang expects the city will allow robotaxi operation around Beijing Capital International Airport to the north. In three to five years, Zhang expects Beijing will allow robotaxis throughout the city.
Persons: Pony.ai, Zhang, Ning Zhang, WeRide Organizations: Beijing South Railway, CNBC, BEIJING —, Daxing International, Baidu, Beijing Capital International Airport, Toyota Locations: Beijing, Yizhuang, Pony.ai, BEIJING, China
Pony.ai plans to begin Robotaxi services by 2025
  + stars: | 2024-05-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPony.ai plans to begin Robotaxi services by 2025Evelyn Cheng reports on the developments of Pony.ai's robotaxis.
Persons: Evelyn Cheng
When mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they don't want to move after all. AdvertisementAs the Federal Reserve began pushing up borrowing rates in the spring of 2022, hoping to reel in rising inflation, mortgage rates went vertical. So far, this system of pooling together mortgage bonds and selling them to investors is pretty close to the American way of doing things. When US homeowners pay off their mortgages, they have only one option: pony up the amount left on the loan. That's not just good for buyers or sellers or mortgage loan officers — it's good for everyone.
Persons: It's, John Campbell, Danes, Freddie Mac, that's, Will Doerner, , aren't, pesky, Campbell, Fannie Mae, Banks, Jesper Berg, there's, That's Organizations: Harvard, Federal Reserve, Federal Housing Finance Agency, Homeowners, Danish Financial Supervisory Authority Locations: America, , Denmark, Zillow, Canada, Australia, Danish
The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.
Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, , James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich
A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing. SHANGHAI — Chinese tech company Baidu said Wednesday its Apollo Go robotaxi arm expects to turn profitable next year. The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue. Baidu on Wednesday announced Apollo's 6th generation robotaxi will cost around 200,000 yuan ($28,169) — or less than half that of the prior generation, the company said. Others in the auto industry remain more skeptical about fully driverless cars, which require broad regulatory approval in order to operate.
Persons: Elon Musk, Apollo, Baidu, Brian Gu Organizations: Baidu, Wednesday, China Securities Regulatory Commission, Xpeng Locations: Beijing, SHANGHAI, Wuhan, China
Warren Buffett is building up cash because he can't find anything better, Ted Oakley said. Buffett probably cut his Apple stake to reduce his exposure to the "one-trick pony," Oakley said. AdvertisementWarren Buffett is stacking up cash because he's battling a bargain drought — and he likely trimmed Apple because he felt overexposed to the iPhone maker, one expert says. AdvertisementApple accounted for half of Berkshire's $354 billion stock portfolio at the end of December. "Warren Buffett knows that," he said.
Persons: Warren Buffett, Ted Oakley, Buffett, Oakley, , overexposed, Berkshire Hathaway, Buffett's Organizations: Service, Oxbow Advisors, Apple, Oxbow Locations: pouncing, Berkshire, China, Russia, India, Saudi Arabia
Chery Kang: Don't be a show pony, be the workhorse
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChery Kang: Don't be a show pony, be the workhorse"I'm still looking for new challenges and that's ambitious." CNBC International Correspondent Chery Kang discusses what ambition means to her.
Persons: Chery Kang Organizations: CNBC International
Democrats are pressuring Warren Buffett to reopen his wallet for political donations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe pressure is on for Warren Buffett to reengage in political donations — something he's avoided for the last five years. Democrats are counting on the billionaire's political generosity to clinch key races in the 2024 election, Bloomberg reported. This story is available exclusively to Business Insider subscribers.
Persons: Warren Buffett, , he's, Jane Kleep Organizations: Biden, Service, Bloomberg, State Democratic Party, Business Locations: Omaha, Nebraska
Usually, at the US TV upfronts — the annual event where the networks showcase their best upcoming programming in the hopes of securing big advertising commitments — the celebrities are the stars of the show. With more money being spent, advertisers are paying closer attention to what data they can use to inform their TV ad buys and prove that TV is powering their sales. It found that taking advantage of a media company's unique upfront data offerings, including retail data, was a top reason for advertisers to buy linear TV or connected TV in the upfronts, cited by 37%. US retail media CTV ad spend will increase by 86.6% this year to reach $4.19 billion, according to Emarketer. And Walmart's recent deal to acquire the TV manufacturer Vizio reflects the growing trend of retail media's convergence with TV advertising.
Persons: Eric Haggstrom, Dave Morgan, Andrea Montano, there's, NBCU, Mark Marshall, Marshall Organizations: Hollywood, Business, Amazon, TV, CTV, Kroger, Walmart, Netflix Locations: New York
According to experts I talked to, the surge in hate spending can be attributed to various factors. They're aware prices aren't going back to 2019 levels, and given everything everyone's just been through, they may as well live it up. She told me that she often finds herself outraged by prices — and then ultimately succumbs to the forces of capitalism. It's easy to say you want to cut back on spending, given high prices, but when a friend asks whether you want to go shopping, it's hard to say no. Hart, the Illinois writer with a brand-new Stanley cup, sees some of her spending as a way to reclaim power.
Persons: Christ, Lydia Boussour, they're, everyone's, Jordan Hart, Hart, Boussour, , they've, it's, acclimated, It's, Claire Tassin, Tassin, There's, Taylor Swift, jonesing, people's, Ravi Dhar, Dhar, he'd, he's, I've, she'd, she'll, Stanley Organizations: Retail, Consumers, Morning, Center, Yale School of Management Locations: America, Illinois, YOLO splurging, Europe, York
She only stayed in Arizona for three months before realizing she wanted to return home to California. When you say you're from California, they think of LA, San Francisco, and San Diego. I'm a retired police dispatcher and believe crime needs to be punished, and I don't think it is here in California. But I don't live politics every day, and they did. When you're born and raised in California, you need to be in California.
Persons: , Jayne Ashton, I'm, Benson, You've, Paul Harris, It's, I've, Ashton, Matt Blank, shouldn't Organizations: Service, Business, Walmart, Safeway, Foods, California Locations: Homeland , California, Benson , Arizona, Arizona, California, Bloomington, San Bernadino County, San Francisco, San Diego, But California, Tennessee, Tuscon, Tucson, Hemet, Riverside County, Tehachapi, Southern California, Clovis, LA, Los Angeles
As I turned around, she pulled the clothes from my arms and replaced them with the next size up. Shame burned me, and I wanted to throw the clothes down and bolt from the store. She knew I'd just gotten a training bra and wanted her mother to buy her one, too. But it wasn't the last time I felt shame about my chest. "Researchers point to the shame women like us carry," she said.
Persons: We'd, Marilyn, I'd, Jolie, I'm, , nodded, strode, Diana, he's, Victoria Organizations: Service Locations: cardigan, Beverly Hills, Victoria
The Dubai World Cup boasts $30.5 million in prizes, spread across nine races (including its namesake event, with an enormous $12 million purse), and attracts many of the world’s most elite equestrians. “This is a huge operation,” says John Nicholls, quarantine manager at Dubai Racing Club. “They get plenty of water, plenty of hay, and attention.”Emirates Skycargo has been transporting champion horses from across the world to the Dubai World Cup and Carnival races since 2002. Horses travel in air-conditioned stalls in the cargo bay of a plane, which can fit up to 25 stalls, with up to three horses in each. Horses walk to Meydan Racecourse from their quarantine stable for morning track work ahead of the Dubai World Cup.
Persons: CNN —, , John Nicholls, Nicholls, It’s, , Emirates Skycargo, Sheikh Mohammed bin Rashid Al Maktoum, Nadeem Sultan, Suné Schäffler, that’s, Emirates SkyCargo, Rebecca Cairns, David Robson, Toto Wong, Hong Kong’s, Wong, Schäffler, “ they’re Organizations: CNN, Dubai, Dubai Racing Club, Emirates, Boeing, Business Class, Emirates Equine, Hong Kong Jockey Club, Hong Kong Locations: Emirates, Dubai, , Equitrans, Al, Airport, city’s, Hong Kong
Instead, he drove from his hometown, Sealy, Texas, to Dallas and Southern Methodist University. At the time, Mr. Dickerson’s cars (S.M.U. gave him one, too) were a symbol of the wretched excess of big-time college sports. It was a time when boosters in the Southwest Conference doled out “$100 handshakes” and the S.M.U. Mustangs went 34-11-1 over Mr. Dickerson’s four years — the team’s vaunted Pony Express era.
Persons: Eric Dickerson, , Dickerson’s Organizations: Pontiac, Texas, Southern Methodist University, Southwest Conference, Mr, titans, Petroleum Club of Houston Locations: Sealy , Texas, Dallas
DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who've been drawn to the performance vehicles. The optimism comes after Mustang's closest American competitors ended production of their muscle cars in December. Jeff Marentic, general manager of Ford Blue products, which includes the Mustang, said the pony car remains good business for the automaker both domestically and internationally. "For people who are looking for a true American sports car, it's available to them. … We're looking and talking about the future of Mustang, and how far we can grow it."
Persons: gearheads who've, Stellantis, Jeff Marentic, Marentic Organizations: DETROIT, Ford Motor, General Motors, Chevrolet, Dodge Challenger, Ford, CNBC Locations: American
Read previewAn appellate court decision reducing former President Donald Trump's bond to $175 million was a win for the former president — and certainly a rare one, according to legal experts. But the former president was tossed a last-minute lifeline Monday when an appeals court ordered a whopping 62% reduction in the size of the bond. AdvertisementIn that time, he's only heard of roughly a couple dozen instances when a New York appeals court reduced an appeal bond — and those involved far lower judgments. While the lowered bond buys Trump time, he'll still owe the entire sum if he loses on appeal. As part of Monday's decision, Trump is required to file a full appeal argument in time for the court's September 2024 session.
Persons: , Donald Trump's, Trump, Neil Pedersen, Pedersen, he's, Letitia James, Eric Snyder, Wilk Auslander, Snyder, he'll, Arthur Engoron, Engoron Organizations: Service, Business, Sons, New York, Trump, New, Trump Organization Locations: York, New York, he'll
New York CNN —Former President Donald Trump doesn’t have the cash he needs to stop the state of New York from potentially seizing his assets. In a court filing Monday, Trump’s lawyers laid out the stark economic reality facing the leading Republican candidate for president. Trump’s lawyers, for their part, say the ruling is unprecedented and underwriters don’t write checks that big — even to billionaires. What could happen to Trump’s properties? James has made it clear she won’t hesitate to go after Trump’s properties if he doesn’t come up with the cash.
Persons: CNN Business ’, Donald Trump doesn’t, Arthur Engoron, Trump, Letitia James, underwriters don’t, James, , , Temidayo Aganga, Williams, Selendy Gay, Judge Engoron, Jean Carroll, Banks, ” Aganga, they’re, who’d, Mitchell Epner, Rottenberg Lipman Rich, underwriters Trump, Engoron, ” Epner, Tish James Organizations: CNN Business, New York CNN, Republican, Trump, New York, underwriters, ABC, ABC News, Financial, Trump Organization, , Forbes Locations: New York, York
Oxford High School is pictured December 7, 2021, in Oxford, Michigan. Emily Elconin/Getty ImagesNow that the parents of the Michigan school shooter have been found guilty, the father of victim Tate Myre said it’s time to focus on the school’s responsibility and hold the administration accountable. We gotta see what we can do to support these kids better,” Buck Myre said Thursday night at a news conference. He suggested that the next step was holding the school accountable for his child’s death. Because we’ve got four kids dead and nobody wants to take any accountability,” Myre said.
Persons: Emily Elconin, Tate Myre, ” Buck Myre, , ” Myre, , we’ve, CNN’s Sabrina Souza, Aaron Pellish Organizations: Oxford High, Michigan Locations: Oxford , Michigan
See more, pay moreMore and more tourist hot spots are introducing visitor caps and entry fees to prevent overcrowding - and, whaddya know, it gives their coffers a little boost, too. There’s a new $13 charge for climbing Japan’s famous (and congested) Mount Fuji, which follows Japan’s 70% price hike for tourist rail passes. The Louvre art museum in Paris, home to the Mona Lisa, has raised ticket prices by almost a third, ahead of the Paris Olympics this summer. Walt Disney World Resort in Florida has already introduced higher park ticket prices for next year. Some of the lowest single-day, single-park ticket prices have gone up by $10 for 2025.
Persons: whaddya, Mona Lisa, It’s, Walt, Romeo, Juliet, , they’d Organizations: CNN, Fuji, Paris, Walt Disney World, Eiffel, United Airlines, Airbus Locations: Paris, London, Thailand, China, Seville, Spain, Louvre, Europe, Asia, Florida, Italian, Trafalgar, Bangkok, Mumbai, Houston, Australian, Lazio, Italy, Arizona, Basilicata, United States
CNN —The clock is ticking for Donald Trump to pony up roughly half a billion dollars to satisfy two recent courtroom losses. An appeals court judge denied Trump’s emergency request to stay, or pause, the deadline. A panel of judges has now taken up the motion to delay posting bond until Trump appeals the verdict. The appeals court is expected to reach a decision by the end of March – roughly the same timing as the deadline. Trump offered to post a bond of $100 million but that was rejected by the appeals court judge.
Persons: Donald Trump, Trump, E, Jean Carroll, Judge Lewis Kaplan, Kaplan, , Trump’s, Stormy Daniels Organizations: CNN, White House, Trump, New Locations: That’s, New York
Veteran Republican operative, Steven Moore, relocated to Kyiv after Putin's full-scale invasion. Within a week of Putin declaring war on Ukraine in 2022, Moore founded the Ukraine Freedom Project (UFP). If we don't continue to support Ukraine, then the Russians will roll through Ukraine," Moore told BI. 'I'm doing the right thing'Steven Moore, founder of the Ukraine Freedom Project, pictured in front of a bombed out building in Irpin. In the early months of the war, Moore witnessed civilian casualties he saw pouring in from battles in Irpin and Bucha.
Persons: Steven Moore, Moore, , Peter Roskam, Putin, Mike Johnson, They're, I'm, Karl Ahlgren, Steven Moore Moore, Anatoly, didn't, Rebekah Maciorowski, " Moore Organizations: Republican, Service, Capitol, Washington DC, Republicans, GOP, Ukraine Armed Forces, NATO, Medical, Network Inc, Ukraine Locations: Kyiv, Ukraine, Israel, Taiwan, Ukrainian, Chernivtsi, Iraq, Afghanistan, Kherson, Russia, Avdiivka, Irpin, American, Tulsa , Oklahoma, Russian, Kramatorsk, Oklahoma, Bucharest
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