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Former President Donald Trump speaks during a press conference at 40 Wall Street on March 25, 2024 in New York City. In another post Tuesday morning, Trump wrote that Merchan "SHOULD RECUSE HIMSELF, HE CANNOT GIVE ME A FAIR TRIAL." The posts were not the first time Trump has used Merchan's daughter to protest against Merchan. The judge is overseeing the case charging Trump with falsifying business records to conceal a hush money payment to porn star Stormy Daniels. "Indeed, virtually every client listed on Authentic's website has been critical in the past of President Trump and fundraised on these criticisms."
Persons: Donald Trump, , Juan Merchan, Adam, Shifty, Schiff, Crooked Joe Biden, Trump, Stormy Daniels, Merchan, Joe Biden, Trump's, President Trump Organizations: Trump, New, Super Liberal Democrat, Democrat National Committee, PAC, FAIR, Merchan, Authentic, Democratic Locations: New York City, Dem, Staten Island
BANGKOK (AP) — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country. VinFast, which only began exporting its EVs last year, faces stiff competition in Thailand from Chinese automakers like BYD. The Thai EV market is small but growing fast, buoyed by incentives and subsidies from the government. VinFast hopes to start selling both its electric scooters and electric SUVs in the country in the next two months, Vu Dang Yen Hang, chief executive officer of VinFast Thailand, told The Associated Press. But the EV market remains small, accounting for only 0.5% of EV sales worldwide in 2022.
Persons: VinFast, Tesla, Vu Dang, Hang, Pham Nhat Vuong, EVs, Vuong Organizations: Thai EV, Associated Press, Research, EV, Green SM, Nasdaq, General Motors Corp, Ford Motor Co, AP Locations: BANGKOK, Thailand, Bangkok, Thai, EVs, Southeast Asia, Vietnam, Indonesia, Ukraine, United States, North Carolina, India, Laos, U.S
Read previewLivongo veteran Glen Tullman's latest venture, healthcare startup Trascarent, is raising a Series D round, Business Insider has learned. The sources said the round values Transcarent at about $2.1 billion. Related storiesIt's been a difficult fundraising environment for growth-stage healthcare startups — and that's reflected in Transcarent's latest fundraising push. Transcarent has raised $298 million to date, last grabbing $200 million in a January 2022 Series C round that boosted its valuation to $1.6 billion. Transcarent also acquired 98point6's virtual care platform in March 2023 to offer on-demand telehealth care.
Persons: , Glen Tullman's, General Catalyst, Leslie Krigstein, Transcarent, Tullman, Teladoc, 98point6 Organizations: Service, General, Business, Catalyst, Human, Ally, Group, Alta Partners, Merck Global Health Innovation Fund, Jove Equity, Ventures, GreatPoint Ventures, Intermountain Healthcare, Rush University Medical, Soda Health Locations: Transcarent
The used car market is more than twice the size of the new car market, and EVs are fast becoming a part of it. The battery is a significant component of an EV, because the cost of replacing it can exceed the value of the used car itself. "It's similar to how everyone in the used car ecosystem needs to know the odometer of a used combustion engine car," Case said. As the used EV market grows, this technology, which so far has no U.S. competition, is attractive to investors. In addition to Wireframe Ventures, Recurrent is backed by ArcTern Ventures, Powerhouse Ventures and EnerTech Capital.
Persons: Scott Case, Paul Straub, Case Organizations: Consumers, CNBC, EV, Wireframe Ventures, ArcTern Ventures, Powerhouse Ventures, EnerTech Locations: Seattle
Another report, published last week by the Guttmacher Institute, a research organization that supports abortion rights, found that medication abortions now account for nearly two-thirds of all abortions provided by the country’s formal health system, which includes clinics and telemedicine abortion services. The JAMA study evaluated data from overseas telemedicine organizations, online vendors and networks of community volunteers that generally obtain pills from outside the United States. Before Roe was overturned, these avenues provided abortion pills to about 1,400 women per month, but in the six months afterward, the average jumped to 5,900 per month, the study reported. The co-authors were a statistics professor at the university; the founder of Aid Access, a Europe-based organization that helped pioneer telemedicine abortion in the United States; and a leader of Plan C, an organization that provides consumers with information about medication abortion. Vendors in the study were vetted by Plan C and found to be providing genuine abortion pills, Dr. Aiken said.
Persons: Roe, , Abigail Aiken, Aiken Organizations: JAMA, Guttmacher Institute, University of Texas Locations: United States, U.S, Austin, Europe, India
Nadeem Anjarwalla escaped police custody in Nigeria on Friday, Binance said. Nigeria charged Binance, Anjarwalla, and another employee of the crypto exchange with tax evasion. AdvertisementA Binance executive is reportedly on the run after busting out of police custody in Nigeria on Friday. "We were made aware that Nadeem is no longer in Nigerian custody," a Binance representative told Business Insider on Monday. On Monday, Nigeria's Federal Inland Revenue Service said it was charging Binance, Anjarwalla, and Gambaryan with tax evasion.
Persons: Nadeem Anjarwalla, Binance, , Nadeem, didn't, Bayo Onanuga, Anjarwalla, Tigran Gambaryan, They'd Organizations: Service, Nigeria's Premium Times, Bloomberg, Nigeria's Federal Inland Revenue Service Locations: Nigeria, Africa, Abuja
That answered a big question going into the central bank's two-day March meeting following two months of hotter inflation readings. We hope to see that strength continue in the coming months as increasing supply would help keep housing inflation down. Following the company's last quarterly report, Jim Cramer said, "You cannot have a recession if Cintas is blowing the doors open." ET: PCE price index (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, JEF, HB Fuller, Jim Cramer's, Jim, Victor J Organizations: Dow, Federal Reserve, Nasdaq, McCormick & Company, GameStop, Jefferies, Gross, Walgreens Boots Alliance, Jim Cramer's Charitable, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty Locations: U.S
This is a story about one of modern life’s least consequential but most acutely annoying experiences: getting a sufficient number of capers out of those dollhouse-size jars they’re sold in. Capers are expensive, so producers sell them in smaller jars to make each unit more affordable. Why such narrow jars? Skinny jars just look nicer, Mezzetta says. As one Redditor said: “I’ve never been in a situation where I don’t decide to just use the entire tiny jar for what I’m making.”
Persons: they’re, God, capers, It’s, purveyors, Goya, Russell Zwanka, ” Zwanka, , Rebecca Wright, Jeff Mezzetta, they’re tippy, , Mezzetta, Zwanka, chef’s, ” Duane Stanford, Bull, Brian Noone, Redditor, “ I’ve Organizations: New, New York CNN, Western Michigan University, CNN, Beverage, Redditors Locations: New York, New York City, California, Labrador, Morocco, Tunisia, Greece, Turkey, Adelaide, South Australia, Malta
More smartwatch optionsA Google Pixel Watch and the iPhone don't play as nicely together as an Apple Watch and the iPhone. GoogleIf the Apple Watch isn't your cup of tea, a court loss for the company could make using an alternative watch with the iPhone more seamless. Prosecutors said the Apple Watch depends too much on the iPhone while other smartwatches aren't nearly as compatible with the iOS system. iOS users might have been overcharged for music streaming subscriptions due to the fees placed on app developers by Apple, regulators said. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets," Apple told BI in a statement.
Persons: , Apple's, you'll, Apple, Jonathan Kanter, Kanter, Riley Testut, Jamie Court, you've, they've, Testut Organizations: Apple, DOJ, Service, US Department of Justice, CNBC, EU's, EU, Epic, Consumer, LA Times, Watch, Apple Watch, Google, Prosecutors, European Commission Locations: EU
Sales growth for hybrid cars is outpacing growth for electric vehicles this year. AdvertisementIt's shaping up to be a comeback year for hybrid cars — and that's partly because they're now nearly as good as their conventional vehicles, according to a Ford executive. Frick's comments come as demand for hybrid vehicles soars, partly due to drivers' worries about charging electric cars. AdvertisementFreedom of choiceThe hybrid Maverick starts at about $25,300 — some $1,500 more than the gas version. About 60% of those buying a hybrid Maverick are first-time Ford customers, product development operations chief Jim Baumbick previously told Business Insider.
Persons: Ford, Ford's Andrew Frick, , they're, Andrew Frick, Morgan Stanley, Jim Baumbick Organizations: Service, Ford, Wall, Buyers, Cox Automotive, Toyota Prius, BI Toyota, EV, Toyota, White House Locations: Detroit, Edmunds
Learn moreAmazon's Big Spring Sale features limited-time discounts on various products, from family apparel to popular tech items, including great headphone deals on several top models from brands we love. Highlights include the Soundcore Life Q30, our pick for the best budget noise-cancelling headphones, which are back down to an all-time low price. You can also get $100 off the high-end Sony WH-1000XM4 wireless headphones or snag a pair of Apple's AirPods Pro for $60 off their full retail price. If you're not sure which pair is right for you, check out our guides to the best noise-cancelling headphones, best wireless earbuds, and best Apple AirPods to learn more. These wireless earbuds offer good sound with active noise cancellation, 11-hour battery life, and Fast Pair for quick, seamless switching between compatible Android devices.
Persons: it's, Anker, Bose Organizations: Business, Sony WH, Price Apple, Amazon Sony WH, WH, Sony, Soundcore Liberty, Liberty, Amazon Bose, Amazon, Wireless
Ikigai Fruits, a Japan-based marketplace, is shipping premium fruit to the US. Customers can purchase strawberries from $89 per pack up to $780 for a set of three. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIkigai Fruits, a marketplace that sources from a small collective of Japan-based farmers, claims to have the best fruit on the market — and it's charging an eye-watering price for it. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, Business Locations: Japan
Disappointing sales outlooks from Lululemon and Nike prompted CNBC's Jim Cramer on Friday to wonder whether the big athletic apparel makers are ceding ground to lower-priced competitors. "Nike, Lulu — are these companies that are just charging too much when others are coming underneath them with good product? Shares of Lululemon tanked more than 16% Friday after issuing light current-quarter and full-year guidance after the closing bell Thursday. The company's finance chief said weaker U.S. traffic and a challenging consumer environment has led to the "broad-based" slowdown. Lululemon's earnings report and outlook was "surprising," Cramer said, considering the Vancouver, Canada-based firm has been viewed as a "high-growth company."
Persons: CNBC's Jim Cramer, Lulu —, Cramer, LULU, Ralph Lauren Organizations: Nike, Management Locations: Vancouver, Canada
Einride plans to open many EV charging stations for freight trucking on the West and East coasts, though California is the only state in which there are any EV freight charging stations of scale today. Voltera, which develops, owns and operates EV infrastructure, said the site was permitted, built, electrified and operational in under 18 months. "In the world of charging infrastructure, that's pretty remarkable," its CEO Matt Horton said in a statement. One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market takes some limited, but significant steps to build the infrastructure required for a long-term transition to EV trucking and net-zero shipping. Additional EV charging projects at ports in New York and New Jersey, as well as the Pacific Northwest, are planned.
Persons: NFI, Matt Horton, Robert Falck, Einride, Moller, Erik Neandross, , Neandross Organizations: EV, West, Volvo, Southern California Edison, Maersk, CNBC, Pepsi, Walmart, U.S, California Air Resources Board, Department of Energy, Environmental Protection Agency, EPA Locations: East, California, Lynwood, America, Southern California, Ontario , California, U.S, Sweden, Einride, Los Angeles, Long Beach , California, Government, New York, New Jersey, Pacific Northwest, Shanghai, Chicago
Lactose intolerant customers sue Starbucks for $5 million over "illegal price discrimination." Customers claim in the lawsuit Starbucks has violated the federal Americans with Disabilities Act. Additionally, customers can choose to customize any beverage with a non-dairy milk on the menu for an additional charge." Lactose intolerant customers don't want to pay more for plant-based milk alternatives. The 2022 Starbucks lawsuit, which was filed in Florida, was voluntarily dismissed by the plaintiff, Enica said.
Persons: , Melissa Wells, Maria Bollinger, Dawn Miller, Shunda Smith —, Bogdan Enica, Enica, Dunkin, they've Organizations: Starbucks, Service, California Unruh Civil, Americano, Dairy, US Justice, PETA Locations: California, Florida, Europe
President Joe Biden is giving automakers more time to ramp up sales of electric vehicles, following pressure from the industry and labor unions concerned about a rapid transition to EVs. Cars are the single-largest source of greenhouse gas emissions. Still, the United Auto Workers worries that a rapid shift to EVs will cost jobs because EV manufacturing requires fewer assembly parts. Pacing EV adoptionThe tailpipe rules land as the EV market hits some bumps in the road. AdvertisementStill, analysts predict that EV sales will continue to push higher, thanks to newer models at more affordable prices and the continued build-out of charging stations.
Persons: Joe Biden, , John Bozzella, Kelley, Power, Albert Gore, Tesla Organizations: Service, Environmental Protection Agency, Wednesday, Business, United Auto Workers, UAW, Alliance for Automotive Innovation, Ford, General Motors, Zero Emissions Transportation Association, EV, EPA, Research Locations: United States
Zillow reported that it outperformed the residential real estate industry by 12 percentage points in 2023. That’s because one of the main ways Zillow makes money is through lead generation for real estate agents. “This shift in the structure of real estate transaction costs is too new to understand how it will impact housing market dynamics,” a spokesperson said. Zillow could make even more money if real estate agents offer their services piecemeal, he said. The takeawayThere’s a lot of disagreement between analysts about the future of Zillow and the real estate industry at large.
Persons: Zillow, , Dan Kurnos, it’s, Zillow’s, they’ll, who’s, Kurnos, ” Stephen Brobeck, , It’s, Homes.com, William Blair Organizations: CNN Business, Bell, New York CNN, National Association of Realtors, Realtors, Benchmark Company, NAR, Zillow, Consumer Federation of America, CNN, Bank of America Locations: New York
CEO Michael O'Leary is set for a $109 million bonus dependent on the company's stock price rising. He told the Journal it's "very good value for Ryanair shareholders" compared to star soccer players. AdvertisementThe CEO of ultra-low-cost airline Ryanair told The Wall Street Journal his potential $109 million bonus is "very good value" compared to star athletes. Mbappé, the captain of the French national team and arguably the best soccer player in the world, has agreed to a signing bonus of 150 million euros ($162 million) across five years with Real Madrid, the BBC reported. "The funny thing we've learned over the years is actually the bad publicity sells far more seats than the good," O'Leary told The Journal.
Persons: Michael O'Leary, , it's, O'Leary Organizations: Ryanair, Europe's, Service, Wall Street, Financial Times, Journal, Real, French national, Real Madrid, BBC Locations: Real Madrid
STR | AFP | Getty ImagesIn the race against Tesla for the global electric car market, Chinese automaker BYD is pushing hard overseas despite rising barriers to the U.S. market. Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly. The U.S. has tried to support adoption of electric cars domestically, but sales penetration is well below that of China. EY predicts the electric car market in the region will grow exponentially to at least $80 billion a year in sales in the next decade. The rapid growth of BYD and other Chinese electric car companies has other automakers worried.
Persons: Tesla, BYD, Xiao Feng, Biden, it's, EY, Alvin Liu, Liu, BYD's, Sime Darby, Stella Li, Reuters BYD, Bill Russo, CNBC's, Li Organizations: AFP, Getty, Toyota, Counterpoint Research, Tesla, Sime, Americas, Reuters, Alliance for American Manufacturing, U.S Locations: Taicang Port, Suzhou, China's, Jiangsu, U.S, Shenzhen, Europe, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, China, Marklines, Southeast Asia, Singapore, Philippines, Malaysia, Mexico, Americas, North America, United States, Canada, Washington
Hertz CEO out following electric car ‘horror show’
  + stars: | 2024-03-18 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
New York CNN —Trouble and turmoil continue at rental car company Hertz. But the problem for Hertz wasn’t necessarily that the cars were electric, and customers simply do not want to drive electric cars. There might not be a charging station, or enough time, for a rental car customer to charge an EV, Ives said. These cases sometimes resulted in Hertz customers being arrested and even imprisoned. Scherr wasn’t the one who decided to make the big bet on EV demand by rental car customers.
Persons: Stephen Scherr, Goldman Sachs, He’ll, Gil West, Hertz, EVs, Tesla, , Daniel Ives, Ives, ” Ives, Scherr, Mark Fields, Ford, Paul Stone, Stone Organizations: New, New York CNN, Hertz, Delta Air Lines, General Motors, American, Wedbush Securities, EV, Volvo, Avis Budget Group, Tesla, Avis Budget, Enterprise Locations: New York, EVs, Tesla, Polestar
The Realtors’ Big Defeat
  + stars: | 2024-03-18 | by ( David Leonhardt | ) www.nytimes.com   time to read: +1 min
Free-market economic theory suggests that the American real estate market should not have been able to exist as it has for decades. Americans have long paid unusually high commissions to real estate agents. Some real estate brokers, recognizing the chance to win business by charging lower commissions, would have done so. Instead, an average home sale in the U.S. has cost between $5,000 and $15,000 more than it would have without the inflated commissions. This money has been akin to a tax, collected by real estate agents instead of the government.
Locations: U.S, Germany, Australia, Britain
A Frontier Airlines passenger charged at a flight attendant with a box cutter. AdvertisementA Frontier Airlines passenger was jailed for two-and-a-half years on Thursday due to an altercation involving a box cutter on a 2022 flight. The 43-year-old from Cincinnati arrived at the city's airport for his flight to Tampa with a box cutter in his possession. AdvertisementThe box cutter had a spare blade stored in the handle, which Liebsich inserted after the Frontier flight took off. AdvertisementAs the last few passengers were leaving the aircraft, Liesbich charged at a flight attendant while wielding the box cutter.
Persons: William Allen Liebisch, , Liebsich Organizations: Frontier Airlines, TSA, Service, Georgia's Northern, Transportation Security Administration, Business Insider Locations: Ohio, Florida, Cincinnati, Tampa, Georgia's Northern District, Atlanta
See how we rate personal loans to write unbiased product reviews. Personal loan rates depend a lot on the borrower: The rates for the best personal loans tend to be around 6%, and right now, people with good or excellent credit may be eligible for an even better deal. Leading Personal Loan RatesPersonal loan rates vary depending on the lender and on the credit profile of the person applying to borrow money, but many lenders are advertising strong rates right now for the right borrower. Here are the lenders offering the lowest rates today:Safeguard your credit score, and check for your personalized loan rates before you apply. Personal Loans With No Origination FeeThe best personal loans with no origination fee operate like any other loan, minus one thing: The upfront fee that can add 1% to 7% of your loan amount onto your bill.
Organizations: Credit
Video shows RSF soldiers humiliating men from a village in Jazira state. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF told him they would only return his car if he worked for them, Farouk recalled. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF’s violent advances in Jazira state, their targeted destruction of warehouses, Sudan’s gene bank and irrigation systems will inevitably further exacerbate Sudan’s massive food shortages,” she said.
Persons: CNN —, , Sudan’s, , Alex de Waal, Mohamed Badawi, Luis Tato, Sidiq Farouk, Farouk, ” Farouk, hasn’t, , , Hala Al, Al Karib, Tomoya Obokata, Leni Kinzli, ” Kinzli, Omar Marzoug, geolocated, Waal, Médecins, Anette Hoffmann, You’re, ” CNN’s Benjamin Brown Organizations: CNN, Rapid Support Forces, Sudanese Armed Forces, SAF, United Nations, Peace Foundation, African Center for Justice, Peace Studies, Getty, Food Programme, UN Office, Humanitarian Affairs, UN, Hala, Initiative, Women, UNICEF, WFP, , ” CNN, , Farmers ’ Alliance, Clingendael Institute, Agriculture Organization Locations: Al Jazira, Sudan’s, Darfur, Jazira, Sudan’s breadbasket Jazira, Sudan, Khartoum, of, Sudanese, Renk, South Sudan, AFP, Chad, Gedaref, Hala Al Karib, Horn of Africa, Omdurman, Al, of Africa
CNN —When Volkswagen decided to relaunch the Scout SUV brand it took a very unusual step. The revived and revamped Scout Motors will introduce its new brand of all-electric off-road-capable SUVs, kind of like Rivian. Buzz, an electric update of the classic hippie bus, VW is touching on nostalgia to reach a new generation of car buyers. VW came to own the trademark for the defunct brand in 2021 when it purchased Navistar, a successor company to International Harvester. Scout’s parent company, Volkswagen, is building its own EV battery plant in Canada and a battery engineering lab in Chattanooga, Tennessee.
Persons: it’s, Oliver Blume, “ What’s, , Erin Keating, Scott Keogh, Dave Mondragon, who’s, they’ll, Keogh, ” Keogh, ” Keough, Chris Benjamin, isn’t, roader, Keating Organizations: CNN, Volkswagen, Scout, Volkswagen Group, Audi, Porsche, VW, ” Volkswagen Group, Cox Automotive, Harvester, International, Bentley, Lamborghini, North, Ford, P Global Mobility, Dealers, Scout Motors, US . Scout Motors, Volkswagen North, Volvo, Mercedes, BMW, Tesla Locations: United States, America, Volkswagen North America, Blythewood , South Carolina, South Carolina, Novi , Michigan, Canada, Chattanooga , Tennessee
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