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American Express just announced plans to open its fourteenth Centurion Lounge location in the US, at Newark Airport. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. While the Centurion Lounge at Newark Airport won't open until 2026, American Express has shared some initial details on what to expect. Finally, the Newark Centurion Lounge will also feature a 1,400-square-foot indoor terrace with views of the airport and Manhattan. American ExpressHow to access the Newark Centurion loungeYou can access the upcoming Newark Centurion Lounge (and any other Centurion Lounge that's already open) if you have the The Platinum Card® from American Express, The Business Platinum Card® from American Express, or the invite-only Centurion Card.

Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Amex Organizations: Express, Newark Airport, American Express, Service, Vegas McCarran, Newark Liberty International Airport, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, New, Newark, Newark Centurion Locations: Manhattan, Wall, Silicon, Hulu, Newark, New York, JFK, LaGuardia, York

You can connect your iPhone to a TV using an AV cable, AirPlay, or screen mirroring. To AirPlay or screen mirror your iPhone, you also need to have an Apple TV or AirPlay 2-compatible smart TV. Connect an iPhone to any TV with an AV cable To connect your iPhone to a TV, you'll need an adapter cable that matches the style of input on your TV or monitor. Be sure your TV is on and displaying your Apple TV screen. Be sure your TV is on and displaying your Apple TV screen.

Persons: HBO Max, Dave Johnson, you've, Grace Eliza Goodwin Organizations: Apple, Hulu, HBO, Control, iPhone's, Amazon Prime, Netflix Locations: Hulu

☆ Cruise disputes claim that its autonomous vehicle delayed first responders
▼ + stars: | 2023-09-02 | by ( Gia Vang | ) www.cnbc.com time to read: +3 min

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company's headquarters in San Francisco. The company Cruise is pushing back against an accusation from the San Francisco Fire Department, which claims that one of the company's autonomous vehicles delayed an ambulance after a deadly accident. The department said emergency medical service crews faced a problem getting to the collision: two Cruise taxis blocking the road. But NBC Bay Area was able to review a nearly 13 minute video which is purportedly the incident in question. It appears to show what the company describes, including the ambulance managing to squeeze by the stopped Cruise car.

Persons: Cruise, It's, Aaron Peskin, Peskin Organizations: General Motors Corp, San Francisco Fire Department, NBC, Area, California Public Utilities Commission, Cruise Locations: San Francisco

☆ UK's Direct Line appoints CEO after tough 2022
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 30 (Reuters) - British motor and home insurer Direct Line Insurance Group (DLGD.L) on Wednesday named Adam Winslow, a senior executive at Aviva (AV.L), as its CEO, seeking to reset after profits fell by 95% in 2022. Winslow, who is currently CEO of UK & Ireland general insurance at FTSE 100-listed Aviva, will join Direct Line in the first quarter of 2024. His appointment comes after Penny James, Direct Line's CEO for nearly four years, stepped down in January and Chief Commercial Officer Jon Greenwood was appointed acting CEO. Direct Line reported in March that its operating profit dropped 95% in 2022 after inflation drove up the cost of motor repairs and it warned that 2023 would be impacted by higher than previously expected claims inflation. Direct Line reports first-half 2023 results on Sept. 7.

Persons: Adam Winslow, Winslow, Penny James, Jon Greenwood, Sinchita Mitra, Eva Mathews, Huw Jones, Varun Organizations: Line Insurance, Aviva, UK & Ireland, Direct, Thomson Locations: British, Bengaluru, London

☆ Here are Monday's biggest analyst calls: Tesla, Netflix, Disney, Amazon, Alphabet, Nike, Costco & more
▼ + stars: | 2023-08-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

UBS reiterates Netflix as buy UBS said it's standing by its buy rating on shares of the streaming giant. Morgan Stanley reiterates Ambarella as overweight Morgan Stanley said it's bullish on shares of the semiconductor company heading into earnings this week. " UBS reiterates Disney as buy UBS said it's standing by its buy rating on shares of the entertainment giant. Morgan Stanley downgrades CrowdStrike to equal weight from overweight Morgan Stanley said it's cautious heading into earnings later this week. Morgan Stanley names LifeStance Health Group a top pick Morgan Stanley said shares of the behavioral health company are compelling.

Persons: Tesla, Canaccord, it's bullish, it's, Morgan Stanley, Ambarella, JMP, Piper Sandler, Piper, Bernstein, L3Harris, Evercore, Jefferies, Morgan Stanley downgrades CrowdStrike, Zimmer, BTIG, Wells, Dwight, Truist, Wolfe, Stifel, defensives Organizations: UBS, Netflix, Disney, Pagaya Technologies, MCW, OW, JetBlue, " Bank of America, Bank of America, Akero Therapeutics, RBC, Tetra Tech, Tech, Amazon, LifeStance Health, Mobility, UGI Corporation, TAM, Nike, NIKE, Endeavor Group, Media, Entertainment, Costco, AutoZone, Walmart Locations: China, Underperform, ORLY

☆ Where Uber's climate and autonomous driving goals will meet in the future
▼ + stars: | 2023-08-24 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

"For most of our history, profitable wasn't the first thing that came up when you asked someone about Uber," Khosrowshahi said on Uber's second-quarter conference call Aug. 1. The $1 a ride alone can add up to $4,000 to a driver's annual revenue, the company says. All of them will compete for customers on Uber's platform much as hotels search for business on Expedia.com – a business once run by Khosrowshahi. Indeed, one threat to Uber's current status as a market darling is if AV makers, especially Tesla, decide to compete with Uber directly for riders, Zino said. Khosrowshahi told Sellers that 10-20% of Uber drivers may soon be robots, but said he still thinks more people will be driving for Uber than there are today.

Persons: Angelo Zino, Uber, Savannah, Khosrowshahi, Dara Khosrowshahi, Zino, Scott Devitt, Morgan Stanley's Brian Nowak, undercharging, They've, Devitt, –, Hertz, That's, Tracy Lynn Young, Tesla, they've, Cruise, AVs, Sellers Organizations: GM, General Motors, Ideas, Uber Technologies, Aurora, Wedbush Securities, Hyundai, Tesla, EVgo, EVs, TrueCar.com, Uber, CNBC, Hertz, Waymo, Cruise, Khosrowshahi Locations: California, San Francisco, Pittsburgh, Hyundai Kona, London, U.S, North America, Atlanta

☆ GM’s Cruise to slash fleet of robotaxis by 50% in San Francisco after collisions
▼ + stars: | 2023-08-21 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

CNN —California authorities have asked General Motors to “immediately” take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions – including one with an active fire truck – last week in San Francisco. The California DMV said that Cruise has agreed to the request, and a spokesperson from Cruise told CNN that the company is investigating the firetruck crash as well. General Motors acquired Cruise Automation in 2016 for $1 billion, solidifying its place in the autonomous vehicles race, but many companies have since scaled back, or abandoned their driverless car ambitions. Ridesharing giants Uber and Lyft have both sold autonomous vehicle units in recent years. Even Tesla CEO Elon Musk, who has been optimistic about autonomous vehicle technology, has yet to fully deliver on his promise.

Persons: Motors, Cruse, ”, Cruise, Waymo, San Francisco, “, ” Hannah Lindow, Elon Musk Organizations: CNN, California’s Department of Motor Vehicles, Cruise, General Motors, California DMV, San, AV, Cruise Automation Locations: California, “, San Francisco

☆ Self-driving car company Cruise agreed to reduce its driverless fleet by 50% after a spate of recent crashes. San Francisco officials previously pushed for a slower rollout of robotaxis.
▼ + stars: | 2023-08-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

City officials previously told Insider the approval would be "premature." Cruise, a self-driving car company, agreed to slash its driverless taxi operation in San Francisco by half on Friday following reports of two separate crashes involving its vehicles. One Cruise vehicle also drove into wet concrete at a construction site. Another collision occurred that evening, in which another vehicle ran a red light "at a high rate of speed," the company told Insider. Tilly Chang, executive director of the San Francisco County Transportation Authority (SFCTA), previously told Insider that her agency believes approving the permits would be "premature."

Persons: Alphabet's Waymo, Darcie Houck, robotaxis, Cruise, San Francisco, Tilly Chang, Chang, We've, Joe Castiglione, SFCTA's, CPUC, Castiglione Organizations: California Department of Motor Vehicles, DMV, California Public Utilities Commission, CBS, City, San, San Francisco County Transportation Authority Locations: California, San Francisco, San Francisco County, —

☆ California regulator probes crashes involving GM's Cruise robotaxis
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +3 min

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company's headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. The statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars. The two have been running robotaxi tests limited by times and geographic areas within San Francisco. San Francisco will suffer serious harms from this unfettered expansion," he said in a statement. Reporting by Abhirup Roy and Hyunjoo Jin in San Francisco; editing by Diane Craft and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Heather Somerville, robotaxi, Cruise, David Chiu, Abhirup Roy, Hyunjoo Jin, Diane Craft, Sonali Paul Organizations: General Motors Corp, REUTERS, FRANCISCO, General Motors, California Department of Motor Vehicles, DMV, San Francisco Police Department, Reuters, California Public Utilities Commission, City, Thomson Locations: San Francisco, California, U.S, Cruise

☆ GM's Cruise robotaxi collides with fire truck in San Francisco
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +2 min

Initial investigation shows the collision occurred when a fire truck was operating in an emergency with its forward facing red lights and siren on, the San Francisco Police Department said in a statement to Reuters. The San Francisco Fire Department did not respond to requests for comment. The two have been running robotaxi tests limited by times and geographic areas within San Francisco. San Francisco will suffer serious harms from this unfettered expansion," he said in a statement. Reporting by Abhirup Roy in San Francisco; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Heather Somerville, robotaxi, Cruise, David Chiu, Abhirup Roy, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, General Motors, Twitter, San Francisco Police Department, Reuters, Cruise, San Francisco Fire Department, California Public Utilities Commission, City, Thomson Locations: San Francisco, California, U.S, Cruise

☆ 8 of the world’s best new theme parks
▼ + stars: | 2023-08-18 | by ( Kate Springer | ) edition.cnn.com time to read: +13 min

Peppa Pig Theme Park, FloridaFlorida's Peppa Pig Theme Park opened in 2022. Peppa Pig Theme ParkThe world’s first Peppa Pig Theme Park opened last year in Winter Haven, Florida, and has been delighting children with wholesome fun ever since. Look out for another Peppa Pig Theme Park, opening in Dallas, Texas, next year. Peppa Pig Theme Park. Genting SkyWorlds Theme Park, MalaysiaMalaysia's Genting SkyWorlds Theme Park offers 26 attractions across nine themed areas.

Persons: we’re, Katmandu, Kilgore Goode, Kyle Grillot, Peach’s, Mount Beanpole, Mario, Bowser, Bowser Jr, Tomohiro Ohsumi, Miyazaki’s, There’s, LEGOLAND, gil, Aquaverse, there’s, Chang, Potato’s, Grandad, Wynter, ” Organizations: CNN, Northern, Columbia Pictures, Super Nintendo, California Mario Kart, Universal Studios Hollywood, Bloomberg, Universal Studios Japan, Mushroom Kingdom, Toadstool, Nintendo, Universal City Plaza, Universal, Ghibli, Ghibli Park, South Korea LEGOLAND, LEGOLAND, Thailand Columbia Pictures, Columbia, Lotte, Adventure, South Korea Lotte, Adventure Busan Lotte, Tinker, Potato’s Showtime, Genting, Andromeda Base, Plaza, Genting SkyWorlds Locations: Japan, Thailand, Punta Cana, Dominican Republic, Caribbean, Nepal, Av, Alemania, California, Bowser’s, Mount, Universal City , CA, Nagoya, Nagakute, Aichi, Korea, South Korea, York, Legoland, LEGOLAND Korea, Chuncheon, Seoul, Gangwon, Asia, Pattaya, Bangkok, Transylvania, Chon, Adventure Busan, Tinker Falls, “ Queen, “, Busan, Florida, Winter Haven , Florida, Dallas , Texas, Wynter Haven , Florida, Malaysia, Resorts, Kuala Lumpur, Rio, Liberty Lane, Central Park, Genting, Genting Highlands, Pahang

kevin rooseAnd you’re listening to “Hard Fork.”casey newtonThis week on the show, Sam Bankman-Fried goes to jail. If you give me, like, 1 percent of the internet, that’s going to give me an aneurysm. And those three are actually going to get to live that out. So I actually think the classroom of the future looks remarkably like the classroom today, but you reverse what you’re doing in it. And I think that’s another piece, is we have to not be delusional about what has actually happened in education.

Persons: casey newton, Joe Rogan, kevin roose You’re, casey newton They’ve, kevin roose They’ve, who’s, kevin roose, Kevin Roose, ” casey newton, Casey Newton, Sam Bankman, Fried, what’s, Wharton, Ethan Malek, kevin roose Casey, I’ve, casey newton Guy’s, David Jaffe Bellini, David, ” david jaffe bellini, casey newton Hi, ’, he’s, david jaffe bellini, david jaffe bellini That’s, they’re, Sam’s, there’s, that’s, Casey, — casey newton, david jaffe bellini I’m, he’d, Caroline Ellison, Caroline Ellison’s, Caroline, She’s, we’ve, they’ve, Sam, He’s, I’m, haven’t, It’s, You’ve, There’s, you’re, Ryan Salem, hasn’t, Gary, Nishad, They’ve, SBF, casey newton Look, Harlem Globetrotters ’, it’s, Kevin, casey newton Oh, kevin roose David Jaffe Bellini, we’re, kevin roose It’s, “, casey newton Sure, Ethan Mollick Ethan, kevin roose Ethan Mollick, ” ethan mollick, ethan mollick, That’s, casey newton Tell, ChatGPT, ethan mollick —, you’ve, Steve Jobs, don’t, You’ll, ethan mollick Oh, casey newton Well, We’ve, kevin roose I’m, Ethan, casey newton It’s, they’d, you’ll, They’re, Ethan Mollick, casey newton —, should’ve, let’s, Cruise, casey newton That’s, — david jaffe bellini, kevin roose —, ”, Alex, casey newton Hey, casey newton Yes, Kyle Vogt, Franciscans, I’ll, kevin roose Totally, casey newton Yep, Uber, casey newton Right, Dirk, Kevin kevin roose, shouldn’t, — casey newton Yes, casey newton Don’t, Rachel Cohn, Davis, We’re, Jen Poyant, Caitlin Love, Sophia Lanman, Dan Powell, Marion Lozano, Rowan Niemisto, Paula Shoeman, Tam, David McCraw, Nell Gallogly, Kate LoPresti, Jeffrey Miranda Organizations: Spotify, The New York Times, FTX, Conference, NFL, Google, “ New York Times, MDC, Republican, Alameda, Twitter, Harlem Globetrotters, Washington Generals, Wharton School, University of Pennsylvania, Fork University, Caud Academy, they’re, TA, . University, University, Hard Fork, Wharton, DMs, San, San Francisco, Cruise, Department of Motor Vehicles, University of Michigan Transportation Research Institute, Virginia Tech Transportation, YouTube Locations: New York, California, Bahamas, Alameda, FTX, autodelete, Caroline, Wharton, GPT, Kenya, America, San Francisco, Charlotte , North Carolina, Texas, North Beach, Cruise, Franciscans, robotaxis, AVs, Rhode Island, Zurich, Paris, Madrid, Swiss, Switzerland

☆ A driverless car in San Francisco drove right into wet concrete and got stuck after seemingly mistaking it for a regular road: 'It ain't got a brain'
▼ + stars: | 2023-08-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A driverless Cruise car got temporarily stuck in wet concrete in San Francisco on Tuesday. A driverless Cruise car with no passengers got stuck in wet concrete at a construction site in San Francisco on Tuesday, SFGATE first reported. "It thinks it's a road and it ain't because it ain't got a brain and it can't tell that it's freshly poured concrete," Harvey told SFGATE. A rise in commercial AVs in San Francisco would "inevitably lead to an increase in traffic congestion and the number of dangerous incidents," Chiu's office said in a press release. "San Francisco will suffer serious harms from this unfettered expansion, which outweigh whatever impacts AV companies may experience from a minimal pause in commercial deployment."

Persons: SFGATE, Paul Harvey, Harvey, Rachel Gordon, Cruise, Gordon, David Chiu, Chiu, Waymo Organizations: San Francisco Department of Public, New York Times, Times, California Public Utilities Commission, General Motors, Google Locations: San Francisco, California, SF, Francisco

☆ Colombia's Grupo Aval posts 75% fall in profit as bank margins fall
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

People walk in front of the Banco de Bogota, belonging to Grupo Aval, in Bogota, Colombia, October 31, 2019. REUTERS/Luisa Gonzalez/File photo Acquire Licensing RightsAug 16 (Reuters) - Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according to a securities filing on Wednesday, despite a strong boost in interest income. In the three-month period to June, net profit reached 166.2 billion pesos ($40.6 million). The financial portfolio of Grupo Aval (GAA.CN) includes Colombian banks Banco de Bogota (BBO.CN), Banco Popular (BPO.CN), Banco AV Villas (VLL.CN) and Banco de Occidente (BOC.CN). ($1 = 4,096.08 Colombian pesos)Reporting by Noe Torres in Mexico City, Writing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Luisa Gonzalez, Noe Torres, Isabel Woodford Organizations: Banco, Bogota, Grupo Aval, REUTERS, Colombian, Grupo, Banco de Bogota, Banco Popular, Banco AV Villas, Occidente, Thomson Locations: Bogota, Colombia, Colombian, Mexico City

☆ San Francisco moves to center of robotaxi universe after California agency vote
▼ + stars: | 2023-08-11 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +6 min

Cruise and Waymo have been running experimental services limited by times and geographic areas within San Francisco. The approval “marks the true beginning of our commercial operations in San Francisco,” said Tekedra Mawakana, Waymo co-CEO, in a prepared statement. San Francisco is important as both a symbolic hub of tech and, with hundreds of AVs already in operation, the largest test lab for the experimental cars. The vehicles, with empty driver seats and self-turning steering wheels, have become a common sight around San Francisco. Commissioner Genevieve Shiroma advocated for a delayed vote noting the volume of public comment and her lingering concerns following evidence that the vehicles have obstructed emergency vehicles in San Francisco.

Persons: Heather Somerville, Waymo, Motors ’, John Reynolds, AVs, Cruise, ”, Tekedra Mawakana, Prashanthi Raman, Uber, Genevieve Shiroma, Greg Bensinger, Jamie Freed, Diane Craft Organizations: General Motors Corp, REUTERS, FRANCISCO, Motors, California Public Utilities Commission, Transportation, Cruise, Locals, San Francisco Municipal Transportation Agency, Technologists, Thomson Locations: San Francisco, California, U.S, San Francisco's, Francisco

☆ Robotaxis get the green light to roam the streets of San Francisco at any hour of the day
▼ + stars: | 2023-08-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Cruise and Waymo got the go-ahead from state officials Thursday to offer driverless rides 24/7. Robotaxi companies Cruise and Waymo have been given the go-ahead from state officials to offer driverless rides in San Francisco at any hour of the day. Before it got the green light from officials, Cruise and Waymo had been authorized to offer its services from 10 p.m. to 6 a.m in limited areas of San Francisco. "Today's permit marks the true beginning of our commercial operations in San Francisco," Waymo co-CEO Tekedra Mawakana said in a blog post . San Francisco firefighters were forced to smash the front window of a Cruise driverless taxi in January to stop it from running over their hoses as they were engaged in active firefighting.

Persons: Cruise, Waymo, CPUC, Kyle Vogt, Tekedra Mawakana, Darcie Houck, Francisco firefighters, AVs, John Reynolds, Waymo didn't Organizations: California Public Utilities, Morning, California Public Utilities Commission Locations: California, San Francisco, Los Angeles, Mountain, Francisco

The device features unique rotating speakers and immersive 5.1.4 Dolby Atmos performance. And that's where a Dolby Atmos soundbar system like the Vizio Elevate comes in. Vizio Elevate 5.1.4 Soundbar Vizio's Elevate soundbar offers a 5.1.4 Dolby Atmos experience with performance that rivals many full-fledged home theater systems. VizioThe Vizio Elevate is a good buy for anyone who wants a genuine 5.1.4 Dolby Atmos home theater system for under $1,000. If you don't have the space or money to invest in a traditional home theater setup, then the Vizio Elevate 5.1.4 soundbar is the next best thing.

Persons: I've, I'm, Vizio, Steven Cohen Organizations: Service, Netflix, Bluetooth, Google Locations: Wall, Silicon, soundbar, DTS:X

☆ Israel urges calm amid plans for further protest at judicial overhaul
▼ + stars: | 2023-07-27 | by ( Dan Williams | ) www.reuters.com time to read: +5 min

The plans have hit the economy by drawing warnings from credit agencies, triggering foreign investor flight. A Palestinian group aligned with the Islamist movement Hamas said it launched a rocket from the occupied West Bank into Israel in retaliation. Israel has previously acknowledged that were preliminary efforts under way by West Bank fighters to develop a rocket arsenal. Video posted on social media showed scores of other Jews visiting the Jerusalem compound under Israeli police guard. In the latest violence, Israeli forces shot and killed a Palestinian teenager when clashes erupted during an Israeli army raid in Palestinian city of Qalqiliya, the Palestinian Health Ministry said.

Persons: Benjamin Netanyahu, Tisha B'av, Isaac Herzog, Netanyahu, Shikma Bressler, Itamar Ben, Gvir, Ben, Nidal al, Dan Williams, Tom Perry, Robert Birsel, Nick Macfie Organizations: West Bank JERUSALEM, Facebook, West Bank, Police, Palestinian Health Ministry, Thomson Locations: Israel, Jerusalem, West, al, United States, Palestinian, Qalqiliya, Gaza

☆ US lawmakers struggle to find deal on self-driving cars
▼ + stars: | 2023-07-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, July 26 (Reuters) - Congress still faces serious hurdles to winning approval for long-stalled legislation to speed the adoption of self-driving cars. Republicans and some Democrats want fast action, raising concerns that China could surpass the United States in deploying cars without human drivers. Autonomous vehicle legislation in Congress has been stalled for more than six years. Proposals would allow automakers to obtain exemptions to deploy tens of thousands of vehicles without meeting existing auto safety standards. The National Highway Traffic Safety Administration said on July 12 it will soon decide on a petition filed by General Motors' (GM.N) Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls, the maximum permitted under current law.

Persons: Cathy McMorris Rodgers, Frank Pallone, John Samuelsen, John Bozzella, David Shepardson, Bernadette Baum Organizations: Energy, Commerce, Communist Party, Workforce, Traffic Safety Administration, General Motors, Transport Workers Union, Alliance, Automotive Innovation, Thomson Locations: China, United States

☆ Demographics and grievances widen Israeli judicial divide
▼ + stars: | 2023-07-24 | by ( Dan Williams | ) www.reuters.com time to read: +4 min

But for many Israelis, the two camps - one rising, the other on its way down - are more polarised than ever. For them, Monday's planned ratification of a curb on Supreme Court powers is a symptom, rather than a cause, of the rifts. Those favouring the legislation are largely religious-nationalists who, by mobilising their growing numbers, helped Prime Minister Benjamin Netanyahu return to office in December. Blindsided by the pace and scale of the reforms, some protesters have vowed to withhold taxes and stop reporting for military reserve duty. Many pro-government Israelis view the seven months of nationwide demonstrations as an attempt to undermine their ballot victory.

Persons: Monday's, Benjamin Netanyahu, overreach, Yair Lapid, Sima Kadmon, Critics, Netanyahu, Aviya Cohen, Eli Cohen, Benny Gantz, Tisha B'av, Gantz, Dan Williams, Tomasz Janowski Organizations: Israel, Tel, Likud, Tisha, Thomson Locations: Jerusalem, Tel Aviv, West Bank, Moroccan

☆ Top Wall Street analysts see solid potential in these five stocks
▼ + stars: | 2023-07-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Bachman reiterated a buy rating on Salesforce and raised his price target to $255 from $245. DellPersonal computer makers, including Dell (DELL), have been facing significant headwinds, as the demand for desktops and laptops plunged following a pandemic-driven rush. Ho raised the price target on DELL to $60 from $48 and reiterated a buy rating. In line with his bullish stance, Rakesh increased his price target for RIVN to $30 from $27 and maintained a buy rating. Rakesh raised his price target for MBLY to $48 from $43 and reiterated a buy rating on the stock.

Persons: Mike Blake, Keith Bachman, Salesforce, Bachman, Sidney Ho, Ho, Rivian, Vijay Rakesh, Rakesh, Mobileye, bode Organizations: Reuters, BMO Capital, Service, Dell, Deutsche Bank, Solutions, Gartner, DELL, Mobileye, EV, Geely Automobile, Porsche, Volkswagen Locations: San Diego , U.S, 2H23E, Israel

☆ Investing in Space: How corporate VC is a double-edged sword
▼ + stars: | 2023-07-20 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Airbus Ventures is one of the most prolific investors in the space sector. Airbus Ventures maintains an "air gap" between itself and its eponymous corporation, according to Lewis Pinault, space-focused partner at the firm. While the latest data indicates the sector is stabilizing in terms of investment, Pinault noted that there is still "pressure on valuations." According to PitchBook, as many as 100 space companies have taken investment from CVCs, including from the venture arms of Lockheed Martin , Toyota , Raytheon , Honeywell and Boeing .

Persons: CNBC's Michael Sheetz, it's, Lewis Pinault, Pinault, It's, newness, PitchBook, Lockheed Martin, we've Organizations: Airbus Ventures, Airbus, Lockheed, Toyota, Raytheon, Honeywell, Boeing Locations: Silicon Valley, CVCs

☆ Chinese autonomous vehicle tech raises concerns, US transportation chief says
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, July 20 (Reuters) - U.S. Transportation Secretary Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle suppliers in the American market. "Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there are concerns around transportation technologies," Buttigieg said in an interview with Reuters. Buttigieg said the United States needs to better understand "the true ownership of the different enterprises that are supplying different elements of our transportation systems." The lawmakers were particularly concerned about AV vehicle and equipment testing in the United States. Their letter cites data from California regulators showing seven Chinese firms tested autonomous vehicles in the most-populous U.S. state last year.

Persons: Pete Buttigieg, Buttigieg, Gina Raimondo, Chris Sanders, Will Dunham Organizations: . Transportation, Reuters, Chinese Communist Party, CCP, Thomson Locations: United States, China, California, U.S

☆ US House panel looks to revive stalled self-driving legislation -sources
▼ + stars: | 2023-07-19 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, July 19 (Reuters) - A U.S. House of Representatives panel will hold a July 26 hearing as lawmakers look to jump start long-stalled efforts to pass legislation to speed adoption of self-driving cars. The Energy Commerce subcommittee on Innovation, Data, and Commerce confirmed to Reuters it was holding a hearing titled “Self-Driving Vehicle Legislative Framework: Enhancing Safety, Improving Lives and Mobility, and Beating China." The panel will consider separate draft legislation from Representative Bob Latta, a Republican and Representative Debbie Dingell, a Democrat. In order to ensure Americans can reap the benefits of self-driving vehicles, we must enact a comprehensive national law that establishes a pathway to safe deployment". Last week, the National Highway Traffic Safety Administration said it would soon decide on a petition filed by General Motors' (GM.N) Cruise self-driving technology unit seeking permission to deploy up to 2,500 self-driving vehicles annually without human controls.

Persons: Bob Latta, Debbie Dingell, Cathy McMorris Rodgers, Gus Bilirakis, John Bozzella, Gary Shapiro, Mark Riccobono, Pete Buttigieg, David Shepardson, Chris Reese, Alex Richardson Organizations: U.S . House, Energy, Innovation, Commerce, Reuters, Mobility, Republican, House Energy, Alliance, Automotive Innovation, Consumer Technology, National Federation of, Blind, Traffic Safety Administration, General Motors, Thomson Locations: America, China

☆ Aviva releases H1 2023 profit guidance, growth estimates
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 19 (Reuters) - Aviva (AV.L) said on Wednesday it expected to deliver around 700 million pounds ($907.20 million) in group operating profit in the first half of 2023, with full-year profit estimated to grow by 5-7% year-on-year. Aviva said the change principally reflected accounting changes to its annuities and protection businesses, with new business profit now being deferred over the lifetime of a contract. It added that the new accounting standards would have "no impact to strategy, capital generation, dividend guidance, or capital return outlook." "There is no impact on our dividend guidance for 2023 of around 915 million pounds, with low-to-mid single digit growth in the cash cost of the dividend thereafter," the company said. ($1 = 0.7716 pounds)Reporting By Sinead Cruise, Editing by Iain WithersOur Standards: The Thomson Reuters Trust Principles.

Persons: Sinead Cruise, Iain Withers Organizations: Aviva, IFRS, Thomson

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