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☆ Why Apple is betting big on India
▼ + stars: | 2024-04-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +26 min

I think one estimate put, at one point, I think China was producing something like 90% of the world's iPhones. So when we talk about, you know, Apple manufacturing elsewhere, it's going take a long time to significantly ramp up iPhone production elsewhere. And you know, opening a physical Apple store often for Apple is a sign of a big deal. But you know, Apple looking at India going, wow, we've only got 7% of market share there, we could grow huge amounts. And of course, as we know, with Apple, the hardware is the, you know, one side of the equation, but also, you know, Apple makes billions of dollars off of its services business, which includes things like its App Store fees, it's Apple Pay, Apple TV, all of those other products and services.

Persons: Tim Cook, Apple, it's, It's, Tom Chitty, we've, Arjun Kharpal, Arjun, they're, let's, hasn't, We've, they've, Apple's, that's, we're, There's, Narendra Modi, Arjun Kharpal It's, Tom Chitty Huawei, Kharpal Huawei, Tim Cook's, I've, haven't, He's, They've, Arjun Kharpal There's, Tom Chitty Oppo, Tom Chitty Xiaomi, Tom Chitty Samsung, You've, They're, Transsion, Tom, Tom Chitty I'm, Kharpal, Tom Chitty We'll Organizations: Apple, Bloomberg, CNBC, U.S, Arjun Kharpal It's Samsung, Samsung, China, Apple Watch, Huawei, IDC Locations: India, Foxconn, China, beyondthevalley@cnbc.com, Covid, Zhengzhou, Vietnam, Asia, Thailand, Indonesia, Southeast Asia, Mumbai, New Delhi, Xiaomi, Europe, U.S, Arjun Kharpal Vietnam, Hanoi , Vietnam, Hanoi, Taiwan, Beijing, America, Africa, The

☆ 'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos
▼ + stars: | 2024-04-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Passengers queue at a flight connection desk at the Dubai International Airport in Dubai on April 17, 2024. The CEO of Dubai Airports said Friday that he expects services to return "close to normality" within 24 hours after the major transit hub was hit by unprecedented flooding. He confirmed, however, that the company, which owns and operates Dubai International Airport, had approved emergency budgets to provide food and water to stranded passengers, and noted that all retail outlets were now operating normally. Dubai airport said Friday that from midday local time it would be temporarily limiting the number of inbound flights for 48 hours. Dubai airport has urged passengers to exert caution when traveling, checking with airlines beforehand to confirm the status of their flight and not arriving at the airport too early.

Persons: We've, Griffiths, CNBC's, I'm Organizations: Dubai International, Dubai Airports, United Arab, Dubai International Airport Locations: Dubai, United Arab Emirates, Airlines

☆ Cramer says two recent earnings reports may indicate a slowdown is brewing — but not enough for a Fed cut
▼ + stars: | 2024-04-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

However, he stressed that it's still too early for the Federal Reserve to start cutting rates. "So, do we finally have the beginning of the long-awaited slowdown with Prologis and J.B. Hunt? However, he did acknowledge that companies operating in economically sensitive industries such as J.B. Hunt and Prologis, in trucking and warehousing, respectively, did show less-than-ideal earnings results. Before a turn in trucking, there'll be cuts in trucking rates." Prologis and J.B. Hunt did not immediately respond to request for comment.

Persons: CNBC's Jim Cramer, Hunt, Cramer, it's, Jerome Powell Organizations: Federal Reserve, Fed

☆ Meghan Markle and Prince Harry's Huge Business Deals Keep Flopping
▼ + stars: | 2024-04-18 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

Prince Harry and Meghan Markle seem like lovely people. Netflix dropped "Pearl," an animated children's series Meghan created through her and Harry's production company, Archewell Productions, before it even premiered. The audio-streaming company signed a deal with Harry and Meghan in 2020 reportedly worth $20 million. As Michael Pachter, a managing director at Wedbush Securities who's covered movies, entertainment, and tech for two decades, explained, it's because they've still got that $100 million deal. A public breakup with Meghan and Harry may also be a mess Netflix doesn't want to deal with.

Persons: Prince Harry, Meghan Markle, Duke, Duchess, Meghan, Harry, didn't, Michael Pachter, Wedbush Securities who's, they've, Michelle Obama, Ryan Murphy, Shonda, Pachter, there'll, Markle, Harry won't, They're, Jason Bateman, Will Arnett, Sean Hayes, Joe Rogan's, Magic Johnson, Chevy, Reese Witherspoon, LeBron James, Alicia Silverstone, Nicolas Cage, Demi Moore, Gayle King, Charles Barkley, She's, TIG, Emily Stewart Organizations: Netflix, Florida ., Archewell Productions, Street, Spotify, Wedbush Securities, Chevy Chase, Media, Hollywood, CNN, Archewell, Business Locations: Sussex, Florida, Plenty, British

☆ If you use these 4 phrases regularly, you’re more likely to form healthy relationships than most, says psychologist
▼ + stars: | 2024-04-16 | by ( Judy Ho | ) www.cnbc.com time to read: +7 min

I like to call them "Connected Explorers." I've found in my research and professional experience that "Connected Explorers" tend to embody four phrases. They regularly tell themselves:'I believe in and like myself'The securely attached tend to have a strong sense of self, and higher self-esteem, than those who are insecurely attached. They're more likely to have consistently positive feelings about themselves, their abilities, and their perception of acceptance by others. Connected Explorers understand where they end and others begin, and in the case of more intimate or romantic relationships, where the "we" begins, without becoming subsumed.

Persons: It's, I've, They're, they'll, Judy Ho Organizations: Pepperdine University, CNBC Locations: U.S

☆ Eric Newcomer is bringing his Cerebral Valley AI Summit to New York
▼ + stars: | 2024-04-15 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

Cerebral Valley New York will be Newcomer's first east coast event. AdvertisementThe Cerebral Valley AI Summit, the generative AI conference created by tech journalist Eric Newcomer and AI startup Volley, will be hosting its first New York event on June 27th. The original Cerebral Valley Summit, held in the Hayes Valley neighborhood of San Francisco in 2023, made headlines for producing one of the largest generative AI acquisitions ever and effectively firing the starting gun on the AI arms race. At the last Cerebral Valley Summit in November, 2023, it was a given that OpenAI had already won the AI battle. At the very first Cerebral Valley AI Summit, Newcomer half-jokingly challenged someone to raise $100 million at the conference.

Persons: —, Eric Newcomer, Mistral, OpenAI, Sam Altman, Altman, Ali Ghodsi, Reid Hoffman, Vinod Khosla, Anthropic, Daniela Amodei Organizations: Service, New, Google Locations: San Francisco, York, New York, Hayes, Francisco, Europe, MosaicML

☆ Surging oil prices may challenge the Federal Reserve's inflation fight
▼ + stars: | 2024-04-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

Mounting geopolitical tensions stemming from conflict in the Middle East and Eastern Europe have helped drive oil prices to five month highs, challenging the Federal Reserve's fight against inflation. U.S. crude oil gained 4.5% this week, touching $87 a barrel on Friday before settling at $86.91. Rising energy prices may affect the timing or magnitude of interest rate cuts, he said. The Federal Reserve is focused on bringing down core inflation, which excludes volatile energy and food prices. Escalating attacks are coming against a backdrop of an already tightening global crude market.

Persons: Brent, Bart Melek, Andy Lipow, Lipow, Bob Yawger, Yawger, Netanyahu, Manish Raj, White, Biden, John Kilduff, Kilduff, Melek, Saudi Arabia doesn't Organizations: Federal, American Automobile Association, West Texas, TD Securities, Lipow Oil Associates, Mizuho Americas, Valero, Philips, Marathon Petroleum, Velandera Energy Partners, Kyiv, JPMorgan, Financial Times, Again Capital, Bank of America, Saudi Locations: East, Eastern Europe, Iran, Israel, Ukraine, Damascus, Kyiv, Ukrainian, Russia, Saudi Arabia

☆ How India is challenging China as Asia's tech powerhouse
▼ + stars: | 2024-04-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +30 min

New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country. Tom Chitty: For years China has been Asia's tech powerhouse where the world's electronics and some of the biggest companies on the planet are located. And I think India is in the very early stages, to put it quite bluntly, of trying to do that. Tom Chitty: India have got an election this year as well, which is going to be interesting to see what happens there. You know, India has aligned itself slightly more to the countries that are currently a bit more anti-China, shall we say?

Persons: Tom Chitty, Arjun Kharpal, It's, Let's, I'm, Arjun, You'll, We're, we've, what's, gunning, Narendra Modi, it's, Tom, Modi, Trump, Apple, COVID, there's, Taiwan's, that's, Karen Tso, China's, Tim Cook, Raghuram Rajan, We've, feasibly, India's, let's, he's, you've, we'll, I've, We'll Organizations: Apple, CNBC, China, India's, Foxconn, Micron, Tata Electronics, Taiwan's Powerchip Semiconductor Manufacturing Corp, Reserve Bank of India, CCP, Samsung, Bain, India, London Locations: China, Tencent, Asia, India, Delhi, Washington, Beijing, American, COVID, U.S, Brazil, Vietnam, Indonesia, Thailand, Taiwan, South Korea, Bangalore, Goa, Kolkata, Mumbai, Europe, Silicon, New York, Germany

☆ Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
▼ + stars: | 2024-04-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +36 min

They are flying cars, they're flying cars,Tom Chitty: These vehicles aren't necessarily actually cars with wheels, either, because I know that you've done you've got a program coming up soon about eVTOL. And the idea is there's going to be a fleet of these run by an operator. You've alluded to this feature program we've got coming out looking at the future of these, these flying cars, basically in these eVTOLs. And also, we can't finish this episode about flying cars and eVTOLs without talking about Chitty Chitty Bang Bang, the OG. Yeah, no, that's, that's very surprising.

Persons: Tom Chitty, Arjun Kharpal, who's, I've, we've, We've, I'm, they'd, I'd, there's, Arjun, that's, we're, you've, there'll, they're, You've, Kharpal, it's, you'll, They've, Morgan Stanley, someone's, What's, they've, They're, Big Ben, Chitty Chitty Bang Bang, Chitty Bang Bang, Tom, We'll Organizations: JPMorgan, CNBC, Mar, Airbus, Archer Aviation, Joby, Infrastructure, Boeing, Heathrow Airport, Civil Aviation Administration, U.S . Federal Aviation Administration, FAA, Autonomy, London, Transport Locations: Spain, China, Europe, Munich, Germany, beyondthevalley@cnbc.com, London, Chinese, Guangzhou, Birmingham, U.S, Manchester, it's, eVTOLs, Battersea, Heathrow

☆ Detroit is getting ready to host the NFL draft a decade after going bankrupt
▼ + stars: | 2024-03-31 | by ( George Glover | ) www.businessinsider.com time to read: +7 min

Detroit is set to host the NFL draft next month, a decade after it went bankrupt. Mayor Mike Duggan told BI that he hopes the event will reintroduce the city to the rest of the US. AdvertisementThe new DetroitApril's NFL draft — one of the biggest weekends on the sporting calendar — is set to bring eyeballs back to Detroit. AdvertisementDowntown Detroit will host the 2024 NFL draft. "No matter where you went in southeastern Michigan, everyone was smiling and talking to each other about the Lions," Duggan added.

Persons: Mike Duggan, —, Duggan, Axios, Joshua Lott, Bill Pugliano, it'll, we've, Kirby Lee, Dan Gilbert, who's, Jared Goff, Dan Campbell, Gilbert, Kyusung Gong, it's Organizations: Detroit, NFL, Lions, Service, Ford, GM, Detroit Free Press, Reuters, Economic, KC, Sports, Vegas and Kansas City, Getty, Cleveland Cavaliers NBA, Tampa Bay Buccaneers, Los Angeles Rams, San Francisco 49ers, The Lions, NCAA College Locations: Detroit, Midwest, Korean, Michigan, America, Motor City, Reuters Detroit, Detroit ., Kansas City, Vegas and Kansas

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

☆ Demand for a hot new AI role is skyrocketing — but some say it won't last.
▼ + stars: | 2024-03-16 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +8 min

Day to day, she coaxes AI models like OpenAI's GPT, utilizing natural language to manipulate the model into spitting out exactly the content she wants. "I just find it really interesting, really fun — it's like solving a word puzzle," Daniel, whose résumé also includes a prompt engineering role at LinkedIn, said. AdvertisementDaniel is part of a wave of a new kind of AI engineers — those without formal tech skills. AdvertisementDemand for prompt engineers has been skyrocketing amid the AI hype, and salaries are echoing the excitement. "I think different standards will emerge between what everybody can do and what the expert prompting engineers can do," she said.

Persons: —, Kelly Daniel, Daniel, Lazarus, Tanya Thomas, Thomas, Antropic, OpenAI's ChatGPT, Critics, Conor Grennan, Grennan, Rick Battle, Teja, Vasudev Lal, Lal, Yinuo Chen, Chen, there'll, Mark Zuckerberg's, she's Organizations: Service, LinkedIn, Google, NYU Stern School of Business, VMware, Intel Labs, Meta Locations: Beijing

☆ CEO of Hapag-Lloyd, one of world's top ocean shippers, says the outlook has changed for global economy, trade demand
▼ + stars: | 2024-03-15 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

We saw them coming up a bit towards the end of the quarter, and then of course, the Red Sea crisis ... which again changed the market." Rolf Habben Jansen, CEO of Hapag-Lloyd, the world's fifth-largest ocean carrier, tells CNBC he has an improved view on trade for the rest of 2024. "It's a concerning situation and I think the [Red Sea] outlook is very difficult," Jansen said. In addition to the added costs, according to Sea-Intelligence, the Red Sea diversions could increase carbon dioxide emissions by 260%–354%. New ocean alliance with MaerskThe reduction in global freight and schedule reliability are headwinds ocean carriers have been facing for months.

Persons: Lloyd, Jansen, Rolf Habben Jansen, Hapag Lloyd, Hansen, it's, Lars Østergaard Nielsen, Nielsen, " Hansen Organizations: CNBC, Intelligence, EU, Trading, Maersk, Hapag, Gemini, Sea, MSC Locations: U.S, Asia, West Coast, East Coast, Gulf Coast, Red, Aden, Yemen, Africa, Europe, Suez, Panama, California

☆ Dollar on guard; BOJ speculation keeps yen supported
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: +4 min

Against the dollar, the euro retreated from a roughly two-month high hit last week and last bought $1.0931. The Australian dollar rose 0.01% to $0.6615, while the New Zealand dollar edged 0.02% lower to $0.61685. The dollar index was little changed at 102.80, having hit a roughly two-month low of 102.33 last week. Over in Asia, swirling speculation that the BOJ could move away from its ultra-easy policy settings at its policy meeting next week kept the yen supported. Against the dollar, the yen steadied at 146.94, not far from Friday's one-month top of 146.48.

Persons: bitcoin, Ray Attrill, Jerome Powell, We're, NAB's, there'll, Shunichi Suzuki Organizations: Bank of Japan, Sterling, greenback, Federal Reserve, National Australia Bank, NAB, New Zealand, country's Finance Locations: Asia, Japan

☆ Bitcoin's Wild Price Booms and Busts Are Going to Continue Forever
▼ + stars: | 2024-03-06 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

The main explanation for the recent gain in bitcoin's price is the Securities and Exchange Commission's begrudged blessing of spot bitcoin exchange-traded funds, investment vehicles that track bitcoin's price. As bitcoin ETF providers have to invest in the underlying assets — bitcoins — demand for those assets increases. "The speed of the come-up is much faster than I thought," he said, adding that he was specifically surprised at retail-trader activity in the bitcoin ETFs. (Also, not everyone agrees it will be good for bitcoin's price.) Or maybe, just maybe, the latest run will cement bitcoin's future as a more stable part of people's investment portfolios.

Persons: Bitcoin's, bitcoin, David Yermack, University's, who've, BlackRock's, Eric Balchunas, James Butterfill, it's, Butterfill, shiba inu, Nic Carter, Carter, Bitcoin, Yermack, Emily Stewart Organizations: bitcoin, University's Stern School of Business, Securities, Exchange, SEC, Wall, Fidelity, University's Stern School of, Bloomberg Intelligence, Federal Reserve, New York Community Bancorp, Castle, Ventures, Business Locations: New, bitcoin, BlackRock, David Yermack , New

☆ Here's what might happen after California raises fast-food wages to $20, from higher burger and pizza prices to better wages for retail workers
▼ + stars: | 2024-03-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

AdvertisementBurgers, tacos, and pizzas will get more expensiveDiners should expect to pay more as fast-food restaurants put menu prices up to offset higher wages. But restaurants already paying workers higher wages will feel less of an impact from the new legislation. Jon Tower, an analyst at Citi, said the higher prices could be hard for some diners to accept. However, higher wages at McDonald's, Subway, and Burger King will likely prompt other employers to offer higher pay so they can compete for labor. AdvertisementPeople will have more money to dine outAs fast-food workers' wages increase, they'll actually have more disposable income to spend dining out.

Persons: —, Gavin Newsom, It's, Jack, Sharon Zackfia, William Blair, Andy Barish, Sara Senatore, Chris Kempczinski, they're, Jon Tower, Barish, Zackfia, Burger, Danilo Gargiulo, Bernstein, Matt Clark Organizations: Service, Golden State, Gov, Jefferies, Bank of America, Citi, Bureau of Labor Statistics Locations: California, McDonald's

☆ Russia relishes NATO disarray after hasty denials of plan to deploy ground troops to Ukraine
▼ + stars: | 2024-02-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

The United States, Germany, the U.K., Spain, Poland and NATO Secretary General Jens Stoltenberg were among those denying that sending ground troops into Ukraine was an option. She claimed NATO countries' denials that they planned to send their ground troops into Ukraine showed the West had "betrayed Ukraine and will continue to use and betray it," repeating Moscow's baseless claims that Western countries are using Ukraine to destroy Russia. After the conference, Macron said discussions had also covered the possibility of deploying ground troops, although he said there was no agreement on the issue. France was left looking increasingly isolated throughout the day Tuesday, with the White House also distancing itself from Macron's comments. When asked about Macron's comments, Kirby said "well, that's a sovereign decision that every NATO ally would have to make for themselves.

Persons: Vladimir Putin, Sergei Shoigu, Mikhail Metzel, Emmanuel Macron, Jens Stoltenberg, Dmitry Medvedev, Macron, Vyacheslav Volodin, Volodin, Napoleon Bonaparte, Napoleon, Maria Zakharova, Macron's, Stephane Sejourne, John Kirby, Kirby, General Stoltenberg, —, Biden, Timothy Ash, Ash Organizations: Defence, Sputnik, Reuters, NATO, Russian, Russia's Foreign Ministry, Ukraine —, Russian Foreign, Tass, Chesnot, Getty, White, . National Security, Kremlin Russia, Kremlin, Russia, BlueBay Asset Management Locations: Nazi Germany, Moscow, Russia, Reuters Russia, Ukraine, United States, Germany, Spain, Poland, NATO, Russian, France, Canada, Paris, France's, Republic, U.S

☆ I've been on nearly 30 cruises. Here are 11 things I always pack and 4 I leave at home.
▼ + stars: | 2024-02-24 | by ( Jordana Comiter | ) www.businessinsider.com time to read: +7 min

But nearly 30 cruises later, I've learned how to pack efficiently and comfortably (even at the last minute). Here are the items I think everyone should bring and the things you can leave out of your suitcase. Even if your cruise says it has a library, bring your own reading materialI usually pack a couple of books to read during the cruise. Jordana ComiterI pack for different climates even if we're heading to an island that's 90 degrees Fahrenheit and sunny. Don't bring your entire toiletry bagI like to maximize suitcase space by leaving behind commonly provided toiletries like shampoo, conditioner, and soap.

Persons: —, I've, Jordana, I'm, Cash Organizations: Service, Business, tote, Jordana Comiter Steamers

☆ China and Russia both think Trump is an 'easy mark' to exploit, Trump-era national security adviser says
▼ + stars: | 2024-02-20 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

"He just said that he would much rather have Joe Biden as president than Trump," the former president said. Bolton said that Putin and Chinese leader Xi Jinping both considered Trump an "easy mark" for manipulation. He also blacklisted several companies accused of stealing intellectual property and posing national security concerns, a stance that Biden continued during his presidency. "This is his money, and let's face it, what Donald Trump cares most about is Donald Trump, and particularly Donald Trump's money," Bolton said. AdvertisementA spokesperson for Trump did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: —, John Bolton, Donald Trump's, Trump, Bolton, MSNBC's Jen Psaki, Vladimir Putin, Putin, Joe Biden, Xi Jinping, there'll, that's, Biden, Donald Trump Organizations: Service, Business, Trump, Moscow Locations: Beijing, Moscow, Russian, South Carolina, Syria, China, Ukraine

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

TAMPA, Fla. (AP) — Baseball Commissioner Rob Manfred said Thursday he will retire when his current term ends in January 2029. Speaking at a spring training news conference, Manfred noted he will be 70 years old and will have been commissioner for 14 years when his term ends on Jan. 25, 2029. Manfred, 65, succeeded Bud Selig in January 2015 and was given a five-year term as baseball's 10th commissioner. Tampa Bay hopes to construct a new ballpark adjacent to the current Tropicana Field. “I’m hope that I’m here to go to opening day as commissioner for both Tampa Bay and Las Vegas,” Manfred said.

Persons: Rob Manfred, Manfred, Jan, ” Manfred, Bud Selig, “, I’m, Tom Werner, Tim Brosnan, Dan Halem, “ I’m, that'll, ” Organizations: — Baseball, Boston Red Sox, MLB, Oakland Athletics, Tampa Bay Rays, Oakland, Tampa, Tropicana, Tampa Bay Locations: TAMPA, Fla, Las Vegas

☆ 2 ocean-tech companies are competing in a multimillion-dollar race to find Amelia Earhart's wreckage. One says it may be near the finish line.
▼ + stars: | 2024-02-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Read previewThe race is on to find the wreckage of Amelia Earhart's ill-fated final flight. Tony Romeo and his company, Deep Sea Vision, discovered an object of similar size and shape to Amelia Earhart's iconic plane, deep in the Pacific Ocean. Deep Sea VisionRomeo says he may have solved the mystery with his sonar scans. The same aircraft radio receiver used by Amelia Earhart was recreated by Nauticos as they researched Earhart's final transmissions. Deep Sea Vision now leases its equipment to other ocean explorers to continue funding its mission.

Persons: —, Amelia Earhart's, Tony Romeo, Earhart, Fred Noonan, Romeo, he's, we've, there'll, it'll, Lockheed Electra, Nauticos, Jeff Morris, Amelia Earhart, Morris, I'm, David Jourdan, Tony, You'll Organizations: Service, US Air Force, Business, Smithsonian, Lockheed, Lockheed Electra, Coast Guard, Topical Press Agency, Getty Locations: South Carolina, Howland, Hawaii, Australia, Connecticut, Itasca, Howland Island, Norwegian, Kongsberg

NEW YORK (AP) — Former President Donald Trump issued a warning to the Republican National Committee's chairwoman in an interview aired Sunday, saying when asked about her that there would "probably be some changes made." I would say right now, there'll probably be some changes made,” Trump said on FOX News Channel’s Sunday Morning Futures. An effort by Trump allies to have the RNC this week declare Trump the “presumptive nominee” was withdrawn after he came out against it. While Trump and the RNC worked hand-in-hand on his losing 2020 bid, they have disagreed on a number of issues this time around. McConnell has made a point of staying out of the primary, but previously said he would support the eventual nominee.

Persons: Donald Trump, Trump, Maria Bartiromo, Ronna McDaniel, “, ” Trump, Nikki Haley, McDaniel, Haley, ”, Joe Biden, ” McDaniel, Ronald Reagan, Mitch McConnell, Everybody’s, McConnell Organizations: Republican National, Fox News, Trump, RNC, FOX, New, Las Vegas, Republican, ” Locations: Michigan, New Hampshire, Las

☆ Bank of England chief hints the market could be getting it right on rate cuts
▼ + stars: | 2024-02-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — Bank of England Governor Andrew Bailey on Thursday signaled that financial markets may be correct in their expectations for the future path of rate cuts. Speaking to CNBC, Bailey said he was "not going to commit" to a specific timeline for rate cuts, but added that he did not object to the market consensus. "I'm not going to give a view on how many cuts there'll be and when they will be. But I think that view that the market is taking is not one I object to," he told CNBC's Steve Sedgwick. Investors priced in four rate cuts by the end of this year after the central bank voted to hold interest rates steady at 5.25% earlier Thursday.

Persons: Andrew Bailey, BOE, Bailey, I'm, CNBC's Steve Sedgwick Organizations: Bank of England, City of, LONDON — Bank of England, CNBC, Monetary Locations: City, City of London

“We know this is silly; we know this is fun,” said Marcy Galando, executive director of the Punxsutawney Groundhog Club. Members of Punxsutawney Groundhog Club, organized in 1899, care for Phil at a customized space beside Punxsutawney Memorial Library — where there's a window with a view into the creature's burrow. The Punxsutawney groundhog makes predictions but he's not always predictable. In 1998, a groundhog club leader wearing a $4,000 groundhog suit reported being assaulted by a half-dozen young men. Intended to preserve Pennsylvania German culture and traditions, clubs would sometimes fine those who were caught speaking anything but their Pennsylvania Dutch language at meetings.

Persons: Phil, there'll, Bill Murray, ”, there's, Marcy Galando, Joseph, Jesus, Don Yoder, Yoder, he's, didn't, PHIL, Charlie Hart, Hart, Orphie, “ Octoraro Orphie, It's, Travis Lau, ” Lau, groundhogs, William W, Donner, ” Donner Organizations: Historians, University of Pennsylvania, Punxsutawney, Pennsylvania, University, National Centers for Environmental, Oceanic, Atmospheric Administration, U.S Locations: Pa, Pennsylvania, U.S, Canadian, Europe, Jerusalem, United States, Morgantown , Pennsylvania, —, Pittsburgh, Punxsutawney, Quarryville, Lancaster County, Pennsylvania's

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