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Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty ImagesGeopolitical tensions are brewing globally over the cutting of subsea cables — critical infrastructure powering cross-border internet connectivity — in the Baltic Sea. Zoom In Icon Arrows pointing outwards A data visualization map showing the C-Lion1 undersea cable which connected Finland and Germany. Arelion, the company which owns it, told CNBC data traffic was rerouted to alternative links as it worked to repair the cable. Repairing subsea cables is no mean feat, according to Andy Champagne, senior vice president and chief technology officer of Akamai Labs. And, when there is an issue with a subsea cable, repairing it is a non-trivial job."
Persons: Mikkel Berg Pedersen, Ritzau Scanpix, it's, Andy Champagne, Martin Lee, Lee, Elina Valtonen, CNBC's, Valtonen Organizations: Afp, Getty, CNBC, Cinia, BCS, West, Telia, Akamai Labs, Cisco Locations: Baltic, Finland, Sweden, Ukraine, Russia, Germany, Finnish, Central Europe, Lithuania, West Interlink, Telia Lithuania, China, London
And to make things easy for you, we rounded up all the Skinceuticals Black Friday deals well worth scoping out. Top Black Friday SkinCeuticals deals November 27 through December 3: With orders of $200 or more, choose your own complimentary four-piece mini product set by shopping here. With orders of $300 or more, choose your own complimentary four-piece mini product set plus another complimentary mini product by shopping here. Every antioxidant used in SkinCeuticals products has been through rigorous clinical studies to prove its benefits for improving skin appearance. View at SkinCeuticalsSkinCeuticals Black Friday Sale FAQsWhen does the sale start and end?
Persons: you've, SkinCeuticals, they're, Danielle Braff, you'll Organizations: Business, Black, SkinCeuticals
AdvertisementElon Musk's demand for Nvidia chips has put pressure on the company to deliver. Nvidia is feeling the pressure from trying to meet Elon Musk's insatiable demand for chips. Musk's demand for chips was straining the chip giant's supply chain, a sales lead for Nvidia told colleagues in an email obtained by The Wall Street Journal. In June, CNBC reported that Musk had redirected $500 million worth of Nvidia chips from Tesla to X and xAI. Then, in September, Musk announced that xAI had brought a massive new training cluster of Nvidia chips online.
Persons: Elon, Mark Zuckerberg, Meta, Zuckerberg, Musk, Tesla, xAI, Jensen Huang, Huang, Larry Ellison, Jensen, Ellison Organizations: Elon, Nvidia, Wall Street, CNBC, Oracle Locations: Memphis , Tennessee
CNN —When photographer Elizabeth Kahane’s husband asked where in New York they should live following their engagement in 1998, she had a very specific requirement for their marital home: A view of the annual Macy’s Thanksgiving Day Parade. Its street-facing windows offered the perfect vantage point to watch — and photograph — the procession, which travels down through midtown Manhattan to Macy’s department store on Thanksgiving morning. The photographer has captured the spectacle almost every year since, missing the parade just twice in over a quarter of a century. Thomas the Tank Engine, the Kool-Aid Man and Boss Baby are just some of the dozens of other outsized characters Kahane has pictured floating slowly past her home — often at eye-level. Some shots were taken from inside the apartment, with kids seen enjoying the surreal view of parade characters — from Sonic the Hedgehog to Pikachu, gleefully riding a Poké Ball-inspired sled — looming outside.
Persons: Elizabeth Kahane’s, , , Kahane, Snoopy, SpongeBob, Max, glares, Thomas, Baby, ” Kermit, E.A.Kahane, Kermit, you’re, who’s, ” Kahane, “ I’ve, Greg Heffley, I’ve, “ It’s, Ronald McDonald, Bluey, Gabby, Netflix’s “, Marshall Organizations: CNN, Park West, Locations: New York, Manhattan, York
China's dominance in rare earth minerals poses risks to tech supply chains. AdvertisementFriend shoring to alliesFriend shoring, or moving supply chain, manufacturing, and operations to non-adversarial countries to have continuity, is one step to derisking tech's supply chain. Related storiesCreate redundancy in manufacturingTo derisk the supply chain, create redundancy. Regulation of the supply chain may increase, but tech companies and their suppliers could find solutions in data. "Technology cannot do it unto itself, because you can only rely on the data you can get to understand the whole length of the supply chain.
Persons: Megan Reiss, Reiss, they're, Trump's, shoring, Friend shoring, Trump Organizations: China . Department of, U.S . Department of Locations: North Korea, China, Mexico, Canada, U.S, Malaysia, Estonia, Japan
“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.
Persons: Hong Kong CNN —, Zhiqi, , , Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, , CNN, Weibo, , SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing
The 2025 "No List" from Fodor's highlights destinations under unsustainable tourism pressures. The company's 2025 "No List" includes destinations that have long had problems managing tourism levels, as well as newer ones or places where the situation is expected to worsen. "The No List serves to highlight destinations where tourism is placing unsustainable pressures on the land and local communities. For busy destinations, they recommended trying to visit during the off or shoulder seasons. They also stressed the importance of being responsible tourists and respecting all local laws.
Persons: Fodor's
AdvertisementDonald Trump said he'd put in place 25% tariffs on Mexican and Canadian imports upon taking office. This would push up prices for US-assembled cars by an average of $2,100, according to Wells Fargo. President-elect Donald Trump's proposed tariffs on Mexico and Canada would drive up the price of cars assembled in the US by an average of $2,100, according to estimates made by analysts at Wells Fargo. "Autos are stuck in the middle of Trump's geopolitics," the analysts said in a note on Wednesday, per Fortune. AdvertisementHowever, he said doing so may be more difficult than Trump expects due to massive US investments in Mexico.
Persons: Donald Trump, he'd, Donald Trump's, Trump, Wells Fargo, Wells, Claudia Sheinbaum Pardo, Sheinbaum, Colin Lewis, Marcelo Ebrard Organizations: , Motors, Ford Motor Company, Ford, London School of Economics, Trump, Ebrard, ~$ $ Locations: Wells Fargo, Mexico, Canada
Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.
Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton
Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigns supreme among investors. However, one market watcher considers U.S. stocks to be expensive and is now seeking opportunities in cheaper markets with what he sees as better risk-adjusted returns. "Many large U.S. stocks appear to be expensive and consequently are offering lower future returns," Morningstar analysts wrote in a 2025 outlook report. 'Attractive pockets' Going forward, Morningstar's top executive is optimistic on markets like Japan and China which present "attractive pockets" of opportunity. 'Pockets of undervaluation' Over in Japan, Kapoor likes that the market offers "pockets of undervaluation."
Persons: Kunal Kapoor, I'm, Kapoor, Morningstar, Warren Buffett Organizations: CNBC Pro, Morningstar, China Holdings, Tokyo Stock Exchange, Nippon ISA Locations: U.S, Japan, China
AdvertisementSriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm at the end of the year. Krishnan has discussed joining Elon Musk at the Department of Government Efficiency, reports say. Krishnan has supported Musk in the past and worked at various Big Tech companies. Sriram Krishnan, a general partner at Andreessen Horowitz, is leaving the firm and has had discussions with Elon Musk about joining the Department of Government Efficiency, reports say. Krishnan joined Andreessen Horowitz, also known as A16z, in 2021 and has worked as a crypto investor at the firm.
Persons: Sriram Krishnan, Andreessen Horowitz, Krishnan, Elon Musk, He's, What's, I've, he'd, Donald Trump's, Andreessen Horowitz didn't, Trump, Musk, Vivek Ramaswamy, Joe Lonsdale, Marc Andreessen, Bill Ackman, Travis Kalanick —, Steve Davis, Antonio Gracias, Shiba Organizations: Elon, Department of Government, Big Tech, Twitter, Meta, DOGE, Business, The Washington Post, The Boring Company
Nvidia's median salary now surpasses Microsoft's and other Silicon Valley peers. And Nvidia employees were not nearly the source of fascination and interest they are today. AdvertisementThe data behind the evolution of Nvidia's workforce tells the story of the company's meteoric rise just as well, if not better than the revenue or stock price. Nvidia's workforce has grown nearly 20-fold since 2003Beyond Nvidia's historic rise in market value, the company has a lot to offer employees. But as of January 2024, Nvidia's median salary (excluding the CEO) surpassed Microsoft and has left other tech giants in the dust.
Persons: Jensen Huang, Rev Lebaredian, Huang, Jensen, headcount, Emma, ecosgrove Organizations: Nvidia, Tech, Business, Microsoft, Accenture Locations: Santa Clara , California, Silicon Valley
AdvertisementDisney brought the magic in 2024, but it isn't out of the woods just yet. Streaming turned a profit for the first time, and it righted the ship at the box office. While CEO Bob Iger won a proxy battle, Trump's second term now looms. It wasn't long ago that CEO Bob Iger was battling an expensive proxy fight, creative challenges, and streaming business losses. Meanwhile, here's a look back at Disney's biggest wins of the past year:
Persons: Bob Iger, Trump's, Disney, Iger, Nelson Peltz, Donald Trump, Organizations: Disney, Wall, ESPN, Iger, Trump, Disney's
The US government is on track to force the app out on January 19, the day before Donald Trump takes office. There's a possibility that President Joe Biden could extend that deadline by 90 days, but he hasn't said he will. AdvertisementBut will a TikTok ban actually happen? While there is bipartisan support in Congress for a TikTok ban, support for a ban is fading among the American public. Some members of Congress have raised concerns that TikTok could be used as a CCP propaganda tool.
Persons: Donald Trump, Joe Biden, hasn't, Read, Amanda Perelli, TikTok, Matthew Schettenhelm, Trump, I'm, G.S, Hans, Nathan Posner, Getty Images Trump, ByteDance, John Moolenaar, Shou Chew, Chip Somodevilla Organizations: Business, Appeals, District of Columbia Circuit, DC, Bloomberg Intelligence, DC Circuit, Pew Research, Trump, Department, Congress, Cornell Law School, Washington DC, Anadolu Agency, Getty Images, Rep, Chinese Communist Party, CCP, Foreign Locations: TikTok, Los Angeles, Washington, United States, China, US
AdvertisementAmazon is developing a new AI model called Olympus for video analysis, The Information reported. Amazon-backed Anthropic has already launched its own multimodal model for images and videos. Amazon may have doubled down on its investment in Anthropic, but it also appears to be hedging its AI bets by developing its own model that can process images and video in addition to text. The tech giant's new model, code-named Olympus, could help customers search video archives for specific scenes, The Information reported. The development and launch of Olympus could reduce Amazon's dependency on Anthropic for multimodal AI, especially if the new video model becomes as a cheaper alternative.
Persons: Anthropic, chatbot Claude Organizations: Anthropic, Olympus, AWS, Web Service, Big Tech Locations: Anthropic
It's the fifth year Amazon workers have protested during the major shopping weekend. The protests are part of the fifth annual Make Amazon Pay campaign, organized by a coalition of labor and progressive organizations. The Amazon Labor Union, which represents roughly 5,500 workers in a Staten Island warehouse, voted in June to affiliate with the Teamsters. AdvertisementWhat about Amazon's climate footprint? Significant delays haven't occurred as a result of Make Amazon Pay protests in prior years, and it seems unlikely they will impact shipping times this year.
Persons: It's, Amazon, Jeff Bezos, Eileen Hards, We've, Karen Ducey, Eliza Pan, Hards, Andy Jassy Organizations: Black, Workers, Retail, Wholesale, Department Store Union, Amazon, Teamsters Union, Amazon Labor Union, Teamsters, Amazon Employees, Climate Justice, Seattle Times Locations: U.S, New Delhi, New York City, Staten Island, California , Kentucky, Atlanta, Seattle
His research, which hasn't been peer-reviewed, found that about 9.5% of coders were "ghost engineers.' AdvertisementMeasuring output is difficultDenisov-Blanch calls these workers "ghost engineers," defined as software engineers who are only 10% as productive or less than their median colleague. More remote workers were superstar codersMusk now aims to apply that same ruthless efficiency to the federal government. On one hand, he found that the prevalence of "ghost engineers" among remote workers was more than double that among in-person workers. But he also found that many more of the most effective engineers — employees whose performance was at least five times better than their median colleague — were working remotely.
Persons: hasn't, Yegor, Blanch, Paul Graham, Graham, Elon Musk, nobody's, coders Musk, Musk, Organizations: Stanford, Business, Software, Twitter, CNN, of Government Locations: Silicon Valley
pixelfit | E+ | Getty ImagesAsking for a promotion can feel daunting and negotiation can be tricky — but learning how to navigate the process is important. People often approach negotiations with the wrong mindset, said Horacio Falcão, INSEAD professor, negotiation expert, author, serial entrepreneur, and designer of INSEAD's "The Negotiation Course for the World," a free course on negotiations launched in November. "For you to become a better negotiator, to some extent, you have to become a better person," he said. Here are three common mistakes to avoid when negotiating for a promotion, according to Falcão. Moving too fastThe first thing to know about asking for a promotion is that "you should not have been waiting for the yearly review to [ask for the promotion]," said Falcão.
Persons: Horacio Falcão, Falcão
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters Wednesday. The investigation was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded such complaints last year as it examined the cloud computing market. The FTC has demanded a broad range of detailed information from Microsoft, Bloomberg reported earlier on Wednesday. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.
Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Reuters, NBC News, Republican, FTC, Amazon, Google, European Commission, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services
Panera Bread has hired a prominent crisis manager while the bakery-café chain navigates ongoing lawsuits over its highly caffeinated Charged Lemonade and plans a long-awaited initial public offering. The confidential settlement was with the family of Sarah Katz, an Ivy League student with a heart condition who died after drinking Charged Lemonade in September 2022. Dispensers for Charged Lemonade at Panera Bread in Walnut Creek, Calif., in 2023. The Charged Lemonade also had guarana extract, another stimulant, as well as the equivalent of nearly 30 teaspoons of sugar in the large size, the court documents added. It also displayed signage in stores cautioning that Charged Lemonade should be consumed in moderation.
Persons: Brooke Buchanan, Buchanan, Panera, Edelman, Elizabeth Holmes, Sarah Katz, Kline, Specter, Elizabeth Crawford, Crawford, Smith, Sen, John McCain Organizations: NBC News, Justice Department, Securities and Exchange Commission, Centers, Medicare, Services, Ivy League, Kline, Getty, Food and Drug Administration, Foods, Whole Foods, Walmart, JCPenney, Red, Street Journal Locations: U.S, Philadelphia, Florida, Walnut Creek, Calif, Missouri, Theranos, New York, Williams, Sonoma
Shares in a little-known drone company soared Wednesday morning after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said in the statement. In a separate securities filing Wednesday, Trump Jr. is listed as at one point having been Unusual Machines’ second-largest shareholder. An Unusual Machines spokesperson did not immediately respond to a request for comment.
Persons: Donald Trump Jr, “ Don Jr, ” Allan Evans, , ” Trump, Trump, , Donald Trump's Organizations: Machines, Company, USA, Trump Jr Locations: Orlando , Florida, America
While richer people are expanding their footprint in the holiday travel mix, lower-paid ones are shrinking theirs: Households making under $50,000 are set to make up just 23% of travelers, down from 28% a year ago, Deloitte found. Indeed, the luxury travel network Virtuoso said it’s seen seasonal bookings surge 37% since last year among its high-end clientele. Some 64% of Americans plan to take more than one trip this holiday season, Deloitte found, up from 57% in 2023. “These travel choices may suggest that people are looking to save money, likely choosing cheaper options to keep their travel costs down,” the researchers wrote. Ted Rossman, senior industry analyst for Bankrate, said there are signs that “inflation continues to strain holiday travelers in a big way.” The consumer finance company found 86% of households making less than $100,000 annually expect to change their holiday travel plans due to cost increases (although a hefty 77% of six-figure earners said the same).
Persons: , Kate Ferrara, Jan Freitag, Jonathan Kletzel, Hopper, Misty Belles, they’ll, PwC, Ted Rossman, Bankrate, travers Organizations: Deloitte, , PricewaterhouseCoopers, Shoppers Locations: Mexico, Caribbean, Europe
The 23rd annual National Dog Show Presented by Purina will return on Nov. 28, Thanksgiving Day, featuring about 2,000 dogs of 205 different breeds all competing for the prestigious title of "Best in Show." The National Dog Show is an open, all-breed show run by the Kennel Club of Philadelphia and authorized by the American Kennel Club (AKC), which means that any AKC registered dog can enter to compete. Each dog breed in the competition is assigned to one of seven groups representing characteristics and functions the breeds were originally bred for. It can be watched online streaming on Peacock, NBC Sports and the NBC Sports app. And every National Dog Show from 2013 to 2023 can be streamed on Peacock right now.
Persons: Purina, John O’Hurley, Mary Carillo, David Frei, Peacock Organizations: Kennel Club of Philadelphia, American Kennel Club, NBC, NBC Sports, NBCUniversal, NBC News
The parade begins on West 77th Street & Central Park West at 8:30 a.m. Central Park West: Great views can be found along Central Park West from West 75th to West 61st Streets. There is no public viewing on Central Park West between West 59th & West 60th Streets, though. Great views can be found along Central Park West from West 75th to West 61st Streets. There is no public viewing on Central Park West between West 59th & West 60th Streets, though.
Persons: Savannah Guthrie, Hoda Kotb, Al Roker, Peacock, Jennifer Hudson, Lea Salonga, Rachel Platten, Idina Menzel, Dan + Shay, TikToker, Tiler Peck, Roman Mejia, Ellie, Santa Claus, Eugene Gologursky, Minnie Mouse, John Romita Sr, Jenna Ortega Organizations: Street, Central Park West, Herald Square, New York City, West, Park, &, NBC, NBCUniversal, NBC News, WNBA, New York Liberty, Broadway, MetLife, The Bronx Zoo, Netflix, West 72nd, Columbus Locations: New York, West, Santa, East Rutherford, N.J
He was awarded $13 million — though state regulations cap rewards at $1 million for wrongful convictions. The jury also found a state police chemist falsely testified at the trial though his testimony isn’t what guaranteed Sullivan’s conviction. Another suspect in the murder, Gary Grace, implicated Sullivan and had his murder charges dropped. He was sentenced to life in prison with the possibility of parole but he died in prison. “I couldn’t believe I was convicted of murder,” Sullivan said, recalling prosecutors mentioned the purple jacket five times in their closing argument.
Persons: Michael Sullivan’s, Sullivan, Wilfred McGrath, , Michael Heineman, , ” Sullivan, McGrath, Gary Grace, Grace, meanwhile, Emil Petrla, Steven Senne, Dana Curhan, , ” Curhan, Marian Ryan, ” “ I’m, Buddy, Donna Faria, Faria, ” Faria, Sullivan hasn’t, Heineman, Organizations: Authorities, State Police, AP, Middlesex, Yorkshire Locations: FRAMINGHAM, Mass, Massachusetts, Framingham , Massachusetts, Boston, Billerica , Massachusetts
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