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The big-box retailer's stock hit a peak of $166.30 earlier in the day. That marks the highest since Walmart first began trading on the New York Stock Exchange in August 1972. Shares of Walmart touched an all-time high Friday, as investors bet that the discounter will outmatch retail rivals and draw shoppers throughout the holiday season because of its reputation for value. That business has helped Walmart draw foot traffic, even as other retailers like Macy's and Target give cautious outlooks and see weaker results. "It really shows that the value proposition for Walmart is much more than just low prices or value.
Persons: , John David Rainey, Rainey, Walmart's, — CNBC's Christopher Hayes Organizations: Walmart, New York Stock Exchange, CNBC, Target
DETROIT (AP) — Toyota isn’t telling owners of 1.9 million recalled RAV4 SUVs to park them outdoors even though U.S. safety investigators have four complaints about engine fires that can start with the vehicles' ignitions turned off. In addition, the agency has eight reports of fires that started on the driver's side of the engine compartment where the battery is located. Four reports said “thermal events” happened with the ignition off, indicating that it may be wise for owners to park the SUVs outdoors until they can be repaired. But Toyota spokesman Aaron Fowles said the company is not advising people to park the RAV4s outdoors. Documents posted Friday by the safety agency say that Toyota has found 22 "field technical reports" in the U.S.
Persons: , ignitions, Aaron Fowles, haven't, ” Toyota Organizations: DETROIT, — Toyota, Traffic, Administration, Toyota, U.S, NHTSA Locations: RAV4s, U.S
Starbucks says it's rolling out a fix to prevent customers from ordering drinks to the wrong pickup location. AdvertisementAdvertisementStarbucks says it's fixing a common customer frustration: ordering drinks to the wrong pickup location. "So we recently improved the ability for people to select a store and significantly reduce the orders that are sent to the wrong store." Ordering a drink to the wrong pickup location isn't just inconvenient for customers. These mistakenly placed orders are "our most frequent refund requests," Niccol said.
Persons: aren't, , Brady Brewer, Brian Niccol, Chipotle, Niccol Organizations: Starbucks, Service Locations: Chipotle
Shani Louk was a German-Israeli tattoo artist who was thought to have been kidnapped by Hamas. Shani Louk, dressed in an olive green two-piece, is one of them. AdvertisementAdvertisementRicarda Louk sits in front of a placard of her daughter Shani Louk Tuesday Oct. 17, 2023 in Tel Aviv. Evelyn Hockstein/Reutersn the early years of her life, Louk's family moved to Portland, Oregon, after her father, Nissim, got a job at Intel. In other photos posted by her sister, the Louk family appears to be very close.
Persons: Shani Louk, Louk, , Akbar, Alleruzzo, Amit, Louk's, Ricarda, Der Spiegel, Adi, Nissim, Ricarda Louk, Li, Evelyn Hockstein, Devorah Spilman, Spilman, Evenlyn Hockstein, didn't, Orión Hernández Radoux, Radoux, Amir Cohen, Netanyahu, Gallant, Ammar Awad, isn't, Shani Organizations: Service, Nova, Hamas, Sky News, Intel, Portland Jewish Academy, Orly, Reuters, Defence, Süddeutsche Zeitung, Israeli Locations: German, Gaza, Hamas, Israel, Tel Aviv, Ravensburg, Germany, Srigim, Portland , Oregon, Orly, Greece
Tesla's Cybertruck appears to struggle off-roading in a new series of videos from social media. AdvertisementAdvertisementTesla's Cybertruck might not be the best vehicle for off-roading after all, at least according to some new videos. In three of the videos, a Cybertruck appears to struggle to gain traction up a steep and uphill slope and with some turns on the sandy terrain. In one video, the Cybertruck appears to spin its wheels and the tires screech as it struggles to get up a dirt hill. AdvertisementAdvertisement"Normally in other vehicles — gasoline or diesel vehicles — you've got the differential which hangs down low between the rear wheels," Musk said.
Persons: Tesla's Cybertruck, Elon Musk, , Tesla's, Tesla, It's, Musk, Joe Rogan, you've Organizations: Service, Twitter, EV Locations: Hollister Hills, California, Texas
Xpeng reveals its G6 SUV at a major auto show in Shanghai on April 18, 2023. BEIJING — Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases late Wednesday. Xpeng said it delivered 20,002 cars last month. Li Auto's monthly deliveries remained far ahead of its immediate peers at 40,422 cars in October. Nio said it delivered 16,074 cars in October, up slightly from the prior month but below the 20,462 vehicle deliveries reported for July.
Persons: Xpeng, Li, Nio Organizations: Li Auto Locations: Shanghai, BEIJING, That's
The investments are expected to be completed during the term of the 4½-year tentative agreement, which must still be ratified by the roughly 43,000 UAW members covered by the proposed contract at Stellantis. The tentative labor agreement was reached Saturday after roughly six weeks of targeted strikes by the union against Stellantis, General Motors and Ford Motor. The work stoppages began Sept. 15 after the sides failed to reach deals covering 146,000 UAW members with the automakers by a strike deadline. "For the first time in a long time, we've done the unthinkable: Reopened a plant," Fain said during an online broadcast Thursday, referring to the Belvidere plant, which was idled in February 2022. Heading into the talks, UAW Vice President Rich Boyer, who led the Stellantis talks, made product commitments a priority and stressed that the Belvidere plant was a make-or-break issue.
Persons: Randy Harvard, Stellantis, Shawn Fain, we've, Fain, Rich Boyer Organizations: United Auto Workers, DETROIT –, Chrysler, UAW, Stellantis, General Motors, Ford Motor Locations: Sterling Heights, Mich, DETROIT, U.S, Belvidere , Illinois, Stellantis, Belvidere
Cross-border payments have always faced challenges — and over the past few years, demand has increased significantly. Overseas workers and small businesses face barriers around international payments and remittances. Small businesses rely on cross-border payments for survivalWith consumers facing challenges around remittances, how are business owners faring when it comes to international payments? Marquard echoes findings from the report that traditional banking institutions have been slow off the mark when it comes to international payments. Read more about how overseas workers and SMEs are navigating the ever-changing payments landscape in Mastercard's borderless payments report.
Persons: , Hal Ramakers, Alan Marquard, Marquard, Ramakers, It's, we've Organizations: Overseas, Mastercard, Asia —, Brightwell, Insider Studios Locations: Americas, Europe, East, Africa, Asia, India, UAE
Michiels then moved to Spain and finds it easier to make friends. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Eric Michiels, a 51-year-old a former resident of Denver, Colorado, about his experience living in Denver. I moved to Denver, Colorado in May 2021 from Atlanta, Georgia because of a job decision. I had a Toyota Prius, and because Denver is extremely hilly, the car couldn't make it; it was too slippery. Some things are more expensive here — for example cars and technology — but the day to day is a lot cheaper.
Persons: Eric Michiels, Michiels, , It's, I'd, didn't, there's, Jenna Gyimesi Organizations: Service, Toyota Prius, Denver, Visa, Healthcare Locations: Atlanta, Denver, Spain, Denver , Colorado, Atlanta , Georgia, Colorado, Colorado Denver, Lakewood, Malaga, jgyimesi@insider.com
How the Nigerian military fatally shot a young captive
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +19 min
The Nigerian government and military – including the presidency, Ministry of Defence, defence headquarters and army leaders – did not respond to detailed questions for this story. Various entities have accused Nigerian security forces of other abuses in connection with killings of civilians and captives. Two security force members told Reuters they saw multiple prisoners brought out of the barracks and shot after the fighting ceased. Tweets from Nigerian defence headquarters in Abuja show the military declared the hostilities over shortly after 11 a.m. Nine shots fired A uniformed security force member shot nine rounds at the young captive, pulling the trigger at least seven times, according to forensic audio experts who listened to the recording at Reuters’ request.
Persons: Melanie O’Brien, , Ocampo, Christopher Musa, Musa, ” Musa, , extrajudicially, Michael Oluoha Agi, ’ ”, , Boko, ‘ Allahu akbar ’, Yahaya, Haram, Biu, Bellingcat, Belllingcat, Chris Olukolade, Emmanuel Emeka, Emeka, Reade Levinson, David Lewis, Tim Cocks, Carlos Gonzales, Paul Carsten, Daphne Psaledakis, Stephanie van den Berg, Youri van, Adolfo Arranz, Sam Hart, Feilding, Julie Marquis, Alexandra Zavis Organizations: Reuters, International Association of, Nigerian, Ministry of Defence, ICC, Islamic, Human Rights Commission, United Nations, Twitter, Nigerian Army, Nigerian Air Force, Human Rights Watch, Amnesty International, U.S . State Department, U.S, Boko, Civilian, Task Force, Defence, Facebook, 231, Battalion, 331 Artillery Regiment Locations: Geneva, Nigeria, Haram, Islamic State West Africa Province, Nigerian, United States, Britain, U.S, Biu, Boko Haram, Abuja, Largema
Musk says Tesla aims to make 200,000 Cybertrucks a year
  + stars: | 2023-10-31 | by ( ) www.reuters.com   time to read: +1 min
Tesla's Cybertruck is displayed at Manhattan's Meatpacking District in New York City, U.S., May 8, 2021. REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsOct 31 (Reuters) - Tesla (TSLA.O) is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday. The company had earlier said that Tesla had the capacity to make more than 125,000 Cybertrucks annually, with Musk adding there was potential to lift it to 250,000 in 2025. On the "Joe Rogan Experience" podcast released Tuesday, Musk reiterated how hard it was to produce the Cybertruck. "We're aiming to make about 200,000 a year at point production ... maybe a little more, but I just can't emphasize enough that manufacturing is much much harder than the initial design," Musk said about the futuristic-looking Cybertruck.
Persons: Elon Musk, Tesla, Musk, Joe Rogan, Chavi Mehta, Anil D'Silva Organizations: Meatpacking, REUTERS, Thomson Locations: New York City, U.S, Los Angeles, Bengaluru
There is no simple solution to America’s unique problem of relentless gun violence. Each captures the twin realities of the subjects in the way only a double exposure photograph could, creating dueling focal points to which the eye cycles back and forthIt’s a surreal view of a nation unable to move on from its own cycle of gun violence. Krista’s son Christian was killed in a drive-by shooting in Louisville, Ky., in 2019; Victoria survived a shooting two years later. She survived a school shooting in 1997 in Paducah, Ky., that left her paralyzed from the chest down. Navada Gwynn in two images: standing for a portrait, and working on her tablet at her Louisville, Ky., home.
Persons: Krista, Navada Gwynn, Krista’s, Christian, Victoria, Missy Jenkins Smith, Jimmie Hardaway Jr, Stephen Cady, Hollan Holm, Janet Paulsen, Lonnie, Sandy Phillips, Sylvia Holm, Barbie Rohde Locations: Navada, Victoria, Louisville, Ky, Paducah, Niagara Falls, N.Y, Rochester , N.Y, Acworth, Aurora, Colo, Dallas
Elon Musk gave more information on the long-awaited Cybertruck release in a new Joe Rogan interview. The billionaire said there will be a "beast mode version" and a version with bulletproof glass. AdvertisementAdvertisementElon Musk spilled more details on Tesla's upcoming Cybertruck during an interview with Joe Rogan on Tuesday. Musk also said the company will offer a "beast mode version" of the Cybertruck. AdvertisementAdvertisementWhile the Cybertruck wouldn't be the first car to have bulletproof glass windows, it's an unusual feature for a civilian vehicle.
Persons: Elon Musk, Joe Rogan, Tesla, , Musk, Rogan, Barack Obama Organizations: Service, Ford, Presidential
Washington, DC CNN —Total compensation paid to US workers grew at a faster pace than expected last quarter, pointing to ongoing momentum in the job market. That’s a faster pace than the 1% gain registered in the second quarter. Wage growth advanced at a robust 1.2% pace in the July-through-September period, accelerating from the prior three-month period’s 1% rise, contributing to a pickup in overall compensation growth. From a year earlier, wages and benefits grew 4.3% in the third quarter, a slower pace than the second quarter’s 4.5% annual gain and the first quarter’s 5% rate. An analysis from jobs site ZipRecruiter showed that consumer prices rose faster than wages from the first quarter of 2020 through this year’s second quarter: Consumer prices grew 17.2%, versus compensation growth of 13.6%.
Persons: ” Julia Pollak, ZipRecruiter, ” Pollak, , Organizations: DC CNN —, Labor Department, Federal Reserve, CNN Locations: Washington, That’s
German-Israeli woman Shani Louk has been confirmed dead, Israel's foreign ministry said. AdvertisementAdvertisementGerman-Israeli woman Shani Louk, whose semi-naked body was paraded through the streets of Gaza by Hamas militants, has been confirmed dead. "Shani who was kidnapped from a music festival and tortured and paraded around Gaza by Hamas terrorists, experienced unfathomable horrors. German-Israeli Shani Louk, whose semi-naked body was paraded through the streets of Gaza by Hamas militants. Ricarda told Bild that Palestinian sources told her that her daughter was alive in a Hamas hospital, but suffered a "severe head injury."
Persons: Shani Louk, , Shani Luk, Shani, Louk, Re'im, Ricarda Louk, Ricarda, Shani Nicole Louk, AMMAR AWAD, Daniel Hagari, Benjamin Netanyahu Organizations: Hamas, RTL, Service, The Washington Post, ntv, Reuters, Israeli, CNN Locations: Gaza, Israel, The, German
Nvidia CEO Jensen Huang credited his style to his wife and daughter in a recent interview. The interest in his signature style comes as the chip maker attempts to cash in on the AI hype. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJensen Huang, the CEO of Nvidia, is rarely seen in public without his shiny black leather jacket — but he doesn't take credit for his signature style. AdvertisementAdvertisementThe CEO of the chip giant is married to Lori Huang, who he met when he was 16 in an electrical engineering class.
Persons: Jensen Huang, , Ryan Patel, Patel, Huang, Lori Huang, Huang isn't, Nvidia didn't Organizations: Nvidia, Service, Wilson Jackets, Bloomberg, Google, Microsoft
Matthew Perry’s life full of joy and pain
  + stars: | 2023-10-30 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +8 min
CNN —Matthew Perry achieved global fame and career success, bringing joy to audiences around the world. Perry wrote of the loneliness he experienced during his cycles of substance abuse and recovery and worked hard to help others doing the same. In his book, Perry wrote that Roberts agreed to appear in the series only if she could be in a storyline with Chandler Bing. Matt LeBlanc, Matthew Perry and David Schwimmer. That’s what I want.”“When I die, I don’t want ‘Friends’ to be the first thing that’s mentioned,” he added.
Persons: Matthew Perry, , Perry, Hank Azaria, , Matthew, ” Azaria, ” Perry, “ I’ve, ‘ Will, Chandler Bing, Matt LeBlanc, Joey Tribbiani, Lisa Kudrow, Phoebe Buffay, David Schwimmer, Ross Geller, Courteney Cox, Monica Geller, Jennifer Aniston, Rachel Green, Reisig, Julia Roberts, Roberts, ” Julia Roberts, Betty Ford, Monica, Danny Feld, Sara ”, “ That’s, you’ll, hadn’t, Diane Sawyer, Julia Weeks Organizations: CNN, AA, Hollywood, NBC, Getty Locations: , Minnesota, Malibu
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The GM workers will return to work after an official announcement of the deal, two sources said. Ford shares fell 2% while Stellantis shares were down 1.5% in Milan. Excluding Monday's share moves, GM and Ford shares have lost roughly a fifth of their value since the strike began while Stellantis shares have fallen 1%. "The Street is glad to have this UAW nightmare in the rear view mirror with a less onerous deal than originally feared for the Detroit Big 3," Wedbush analyst Daniel Ives said.
Persons: Rebecca Cook, Stellantis, Patrick Anderson, Shawn Fain, Fain, Joe Biden, Biden, Tesla, Ford, Erik Gordon, Daniel Ives, David Shepardson, Joseph White, Shivansh Tiwary, Deepa Babington, David Gaffen, Peter Henderson, Alistair Bell Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, Reuters, Detroit Three automakers, Ford Motor, Chrysler, Anderson Economic Group, GM, Ford, Democratic, Detroit Three, Detroit automakers, EV, Toyota, University of Michigan, Kentucky, Detroit Big, Thomson Locations: Detroit , Michigan, U.S, Detroit, Milan, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hill, Tenn, Washington
Gavin Newsom plowed into a student while playing basketball in China. On Friday, Newsom and his wife, Jennifer Siebel Newsom, visited the Beijing Yuying School. As part of his official duties, he toured the school's farm-to-school and agricultural science programs, a representative for Newsom told Insider. California Governor Gavin Newsom accidentally topples little kid during pickup game of basketball in Beijing. We are interdependent," Newsom told Amanpour.
Persons: Gavin Newsom, Newsom, , Gavin Newsom's, Jennifer Siebel Newsom, Mike Sington, Xi Jinping, Xi, CNN's Christiane Amanpour, Amanpour Organizations: Service, Beijing Yuying School, Economic Cooperation, Politico Locations: California, China, Beijing, Hong Kong, Shanghai, Guangdong, Jiangsu, Asia, San Francisco
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000 ratification bonuses and other economic gains such as 25% compounded wage increases and improved profit-sharing payments. The 4 ½-year tentative agreement, which was announced Wednesday, will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday. UAW leaders outlined some details of the tentative agreement last week but released the summary and more than 800-page contract Sunday after local union leaders approved it for member voting. The UAW announced a tentative deal Saturday with Stellantis, however, it has yet to reach a new agreement with GM, despite the sides being close to a deal last week.
Persons: Shawn Fain, Chuck Browning Organizations: United Auto Workers, Plant, DETROIT – Local United Auto Workers, Ford, UAW, General Motors, Chrysler, Stellantis, GM, Ohio Assembly, Louisville Assembly, Ford Expedition, Lincoln, Kansas, Kansas City Assembly Locations: Michigan, Wayne , Michigan, Kentucky, Kansas City
GM said it was disappointed by the UAW strike at Spring Hill and that it still seeks "to reach an agreement as quickly as possible." Spring Hill Manufacturing, an assembly and propulsion plant, is the largest GM facility in North America with nearly 4,000 total employees. A lengthy Spring Hill strike could greatly increase the financial pain for GM, which said in a filing earlier this week that strike costs had risen to $400 million a week. Moments before employees walked out in Tennessee, the UAW said it reached a tentative labor agreement with Chrysler parent Stellantis (STLAM.MI). The UAW previously struck GM assembly plants in Missouri and Michigan as well as 18 parts distribution warehouses.
Persons: Rebecca Cook, Shawn Fain, Stellantis, ” Fain, David Shepardson, Joseph White, Cynthia Osterman Organizations: General Motors, REUTERS, United Auto Workers, UAW, GM, Ford, Manufacturing, Chrysler, Ford Motor, Thomson Locations: Detroit , Michigan, U.S, Spring Hill , Tennessee, Spring, North America, Fort Wayne , Indiana, Silao, Mexico, Bowling Green , Kentucky, Ramos Arizpe, Fairfax , Kansas, Arlington , Texas, Wentzville , Missouri, Tennessee, Missouri, Michigan
It is not clear what derailed GM and the UAW's progress toward an agreement patterned after earlier deals at Ford and Chrysler-owner Stellantis (STLAM.MI). Pension costs and issues involving the use of temporary workers were among the points of contention at GM, sources said. GM said it was disappointed by the UAW decision to strike Spring Hill. Last month, UAW workers at Mack Truck's U.S. operations overwhelmingly rejected a deal recommended by Fain. In 2015, UAW members at what is now Stellantis voted down a contract endorsed by union leadership.
Persons: Shawn Fain, Rebecca Cook, Fain, management's, Stellantis, Joe White, David Shepardson, Lisa Shumaker Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, Rights, Ford, General Motors, Chrysler, GM, UAW, Detroit, Saturday, Union, Mack, Reuters, Thomson Locations: Wayne , Michigan, U.S, Hill , Tennessee, Detroit, Taylor , Michigan, Mack Truck's, Stellantis, Washington
Why Israel showed searing images of the Hamas attack
  + stars: | 2023-10-29 | by ( Kaitlan Collins | ) edition.cnn.com   time to read: +6 min
CNN —It begins on that early Saturday morning, October 7, as Hamas militants pile into the back of white pickup trucks while the sun is still rising, AK-47s slung around their chests. Israeli officials explained they are not releasing the video publicly out of respect for the victims. In another scene from the video, two Hamas militants enter a kibbutz. In the three weeks since the attack, Israel has bombed Gaza constantly from the skies. Israeli officials say the country is targeting Hamas militants and their strategic locations, which officials say are embedded among the civilian population.
Persons: Assembly –, , Israel, “ Allahu akbar ”, HaAsara, , “ It’s, You’re, revelers, Benjamin Netanyahu, Mickey Edelstein, Gilad Erdan Organizations: CNN, AK, Israel Defense Forces, United Nations, Assembly, Nova Locations: United States, Israel, Gaza, dumpsters, , Gaza City
Youth unemployment in China hit a record high of 21% in May. It's a problem not only for China's economy — it could hurt the US, as well. China's economy is on shaky ground as it emerges from very strict lockdown pandemic measures. That's compared to the US youth unemployment rate of 7.4% in May. "The stakes are high for correcting these imbalances, given how important the youth population is to China's economy," the note said.
Persons: There's, , China —, it's, China's, China — Benn Steil, Steil, Victoria University of Wellington Christian Yao, Alfred Wu, National University of Singapore's Lee, Wu, Goldman Sachs, they're, it'll Organizations: Service, Trade, National Bureau of Statistics, Weibo, China, Council, Foreign Relations, Victoria University of Wellington, China Macroeconomy, New York Times, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, NBC News Locations: China, decouple, Japan, United States
A public deal announcement with Stellantis is expected later Saturday afternoon or early evening, the sources said. Stellantis shuttered its assembly plant in Belvidere, Illinois, early this year, leaving 1,300 workers without jobs. The tentative contract deal will have provisions on the use of temporary workers, the sources said, adding Stellantis has agreed to significant investment. Fain and other senior union leaders are briefing local UAW chiefs by video conference, the sources said. The deal is also expected to include investments in other U.S. plants, including the Trenton engine plant, the sources said.
Persons: Stellantis, Shawn Fain, Biden, Fain, Tesla, Ford, Joe Biden, David Shepardson, Joseph White, Sayantani Ghosh, David Gregorio, Peter Henderson Organizations: United Auto Workers, Chrysler, Detroit Three, UAW, Ford, GM, Detroit, Detroit automakers, EV, Toyota, Kentucky, Korean, buildouts, U.S, Republican, Thomson Locations: Belvidere , Illinois, Illinois, U.S, Trenton, Detroit, Arlington , Texas, Tahoe, Sterling Heights , Michigan, Hollywood, Michigan
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