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I coined a concept about it, "psychological avoidance," based on my 20 years of research and clinical work. Psychological avoidance is any response to a perceived threat that brings immediate emotional relief, but comes with long-term consequences. Don't miss: Psychology expert shares 7 toxic phrases 'highly insecure' people always use To live a fulfilling life, we must learn to face our challenges and fears head-on. Here are three common signs of psychological avoidance, and how to handle them:1. What to do instead: The first step is to pause, then approach your discomfort rather than try to eliminate it.
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China is bitter medicine for Europe’s EV pivot
  + stars: | 2023-09-12 | by ( Neil Unmack | ) www.reuters.com   time to read: +7 min
LONDON, Sept 12 (Reuters Breakingviews) - China can offer a bitter medicine for Europe’s bold electric vehicle pivot. That has prompted carmakers to develop premium e-cars for richer punters, rather than mass market vehicles. More competition from Chinese carmakers should help bring down prices of electric vehicles in Europe. It will force Western players to keep cutting costs to avoid losing too much market share, boosting overall e-car adoption. Sales of EVs picked up in August, with Jefferies analysts estimating a total market share across Europe of 23%.
Persons: Oliver Zipse, Olaf Scholz, carmakers, Morgan Stanley, Encouragingly, BYD, , EVs, Lisa Jucca, Oliver Taslic, Thomas Shum Organizations: Reuters, Volkswagen, European Automobile Manufacturers ’ Association, HK, Norway, BMW, Reuters Graphics, Jato Dynamics, Benchmark Mineral Intelligence, BYD, Renault, UBS reckons, Financial, Electric, European Union, Jefferies, Thomson Locations: China, Europe, Italy, Europe’s, Germany, Norway, Latvia, Bulgaria, Britain, Polo . China, Western, EU
Artificial intelligence can help tackle climate change, but to fulfill that promise companies need to find a way to limit AI’s own climate impact. Alphabet’s Google and American Airlines used AI to help planes create fewer vapor trails, which contribute to global warming. For many companies using AI there are both positive and negative effects on their carbon emissions and water use. In the U.S., where there is no central electric grid, training models in one state versus another can have a significant impact on carbon emissions. A Google data center in Oregon.
Persons: Omar Marques, Sasha Luccioni, Bloom, , Luccioni, Andrew Selsky, Shaolei Ren, Ren, There’s, ” Ren, Amalia Kontesi, Equinix, , Christopher Wellise, Jacob Reynolds Equinix, Face’s, ” Luccioni Organizations: Sustainable Business, Google, American Airlines, Zuma, Bloom, Energy, Stanford, Associated Press, University of California Riverside, Research, Microsoft, Workers Locations: San Francisco, Bloom, U.S, California, Virginia, New York, Oregon, San Francisco and New York, Americas, Asia, Spain
Prominent tech reviewer and YouTuber MKBHD weighed in on the age-old Apple vs. Android debate. This video comes after Instagram head Adam Mosseri reignited the debate by declaring Android better. To figure out your own personal winner, Brownlee suggested viewers give each of the 7 categories a rating from 1 to 5 based on how much they care about it. Then, based on the earlier head-to-head, viewers should add up the scores they gave all of the iPhone-won categories and the scores they gave to the Android-won categories. AdvertisementAdvertisementFollowing this weighted system, Brownlee found his personal winner was Android, which he said he uses as his main device while also using an iPhone.
Persons: YouTuber MKBHD, Apple, Adam Mosseri, YouTuber Marques Brownlee, That's, Brownlee, doesn't, Instagram Organizations: Apple, Service Locations: Wall, Silicon
Brazil's Natura mulls sale of The Body Shop
  + stars: | 2023-08-28 | by ( ) www.reuters.com   time to read: +1 min
The logo of British cosmetics and skin care company The Body Shop is seen outside a store in Vienna, Austria, June 4, 2016. REUTERS/Leonhard Foeger Acquire Licensing RightsSAO PAULO, Aug 28 (Reuters) - Brazilian cosmetics maker Natura &Co (NTCO3.SA) said on Monday its board of directors had authorized the company to search for "strategic alternatives" for its subsidiary The Body Shop, including a potential sale of the business. The move comes after the Brazilian company in April agreed to sell its luxury brand Aesop to French cosmetics group L'Oreal (OREP.PA) at an enterprise value of $2.53 billion. Natura grew through high profile acquisitions in recent years, including the purchase of The Body Shop from L'Oreal in 2017, but has now been looking for "discipline" and deleveraging as it aims to bring back profitability. "There can be no assurance that this process will result in any transaction," Natura said in a securities filing about the potential Body Shop deal.
Persons: Leonhard Foeger, Roberto Marques, Fabio Barbosa, Gabriel Araujo, Kylie Madry Organizations: REUTERS, SAO PAULO, Natura, L'Oreal, Thomson Locations: Vienna, Austria, Brazilian, Natura
Laura Marqués has never been much interested in soccer. She doesn’t watch the Spanish league games or know the names of the players. She didn’t even watch the Spanish women’s team win the World Cup final this month. “We’ve been talking about soccer a lot this week,” Ms. Marqués, a 26-year-old lawyer, said as she walked in downtown Zaragoza with a friend. Some commentators have taken to calling it Spain’s #MeToo moment.
Persons: Laura Marqués, “ We’ve, ” Ms, Marqués, , , Luis Rubiales, Jennifer Hermoso Organizations: Spanish, Spanish women’s Locations: Zaragoza, Spain
HONG KONG, Aug 23 (Reuters Breakingviews) - Volkswagen’s (VOWG_p.DE) China shortcut sets a tricky roadmap for its western rivals. An increasingly competitive Chinese market means others may also need to plot a new route. VW’s western peers may feel they do not need to follow in its tracks. Second, VW’s Xpeng deal highlights how companies need to adapt quickly to stay relevant in China. Both partnerships will see the companies jointly develop intelligent, connected electric vehicles for the Chinese market.
Persons: China’s, that’s, Bernstein, Alix, Elon Musk’s, VW’s, Auto, Neil Unmack, Pranav Kiran, Thomas Shum Organizations: Reuters, HK, FAW, SAIC, VW, BMW, upstarts, Alix Partners, Elon, Mercedes, Benz, Nissan, General Motors, Honda, Toyota, Volkswagen, Volkswagen’s Audi, Zhejiang Leapmotor Technology, Jetta, Thomson Locations: HONG KONG, China, Xpeng, Kingdom, Shanghai, Hong Kong, Zhejiang
We are buying 30 shares of Microsoft (MSFT), at roughly $322 apiece. Following Monday's trade, Jim Cramer's Charitable Trust will own 230 shares of MSFT, increasing its weighting in the portfolio to 2.61% from 2.27%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Microsoft, MSFT, CNBC, Lightrocket, Getty
Tesla began to open some of its exclusive Supercharging stations to other electric vehicles earlier this year. But the cords are designed for Teslas, meaning that owners of some other cars need to use two spaces to plug in. There's just one kink that Elon Musk hasn't ironed out: The charging cables, which were designed for Teslas, aren't long enough to comfortably accommodate some other cars. That poses a problem when other electric cars, which may have their charging ports elsewhere, try to charge up. Tesla owners sometimes experience long lines at charging stations, particularly during popular travel times.
Persons: Tesla, There's, Elon, Marques Brownlee, Electrek, Dave Conner, Conner, Tom Moloughney Organizations: Morning, EV, YouTube, Ford, Hyundai Locations: New York
A Texas woman was awarded $1.2 billion in damages last week after she sued her former boyfriend and accused him of sending intimate images of her to her family, friends and co-workers from fake online accounts. The woman, who is identified only by the initials D.L. The couple started dating in 2016 and were living together in Chicago in early 2020 when they began a “long and drawn-out break up,” according to the lawsuit. temporarily moved to her mother’s house in Texas and Mr. Jackson began accessing the security system there to spy on her, the lawsuit said. told Mr. Jackson that she no longer wanted him to have access to what the lawsuit described as “visual intimate material” of her that she had allowed him to have while they were a couple.
Persons: Marques Jamal Jackson, Jackson Locations: Texas, Chicago
The law – proposed and approved by Portugal’s ruling PS party – seeks to address the housing crisis in Portugal. The new law’s resolutions could potentially have far-reaching effects on those running alojamento local (AL) properties – including Portugal’s world-renowned hostels. AL properties outside of low-density areas will also see their current property taxes increase, and be subject to a new tax starting at 15%, known as CEAL. The new legislation threatens the future of all hostels in Portugal, says Miguel Santos, board member at the Associação Hostels de Portugal (AHdP) and owner of a Lisbon hostel. Pedro Nunes/ReutersOne hostel owner fearing for the future is Benedita Vasconcellos, who owns Lisbon’s Goodmorning Solo Traveller Hostel, voted Portugal’s best hostel in 2020.
Persons: Mais Habitação, , , hospedagem, , Eduardo Miranda, Valerio Berdini, Miguel Santos, ” Santos, AHdP, Richard Cummins, Kash Bhattacharya, ” Bhattacharya, Pedro Nunes, Vasconcellos, I’m, ” Vasconcellos, won’t, Filipa Aguiar, we’ll, Marco Bottigelli, Airbnb, ALEP’s Eduardo Miranda, Miranda, ” “ We’re, ALEP, Miguel Torres Marques, Marina Gonçalves Organizations: CNN, de, Alamy, Portugal, Artists, Reuters, Getty Locations: Portugal, Lisbon, Western Europe, Porto, Spain, Ericeira, ” Lisbon
CNN —Poland is planning to move around 10,000 troops to its eastern border with Belarus amid mounting concerns over Wagner forces in the region. Wagner troops have been stationed within Belarus – a close ally of Russia – in the wake of a short-lived rebellion carried out by the group. The Polish Defense Minister, Mariusz Blaszczak, told public radio that while 10,000 soldiers will be on the border, 4,000 will directly support the border guard and the remaining 6,000 will be in reserve. Geoffroy van der Hasselt/AFP/Getty ImagesThe border wall at the Polish Belarusian border on July 09, 2023. Poland has been sounding the alarm about Wagner forces in Belarus in recent weeks.
Persons: Wagner, Russia –, Mariusz Blaszczak, Blaszczak, ” Blaszczak, , Geoffroy van der, Omar Marques, Sergei Shoigu, Shoigu, Mateusz Morawiecki Organizations: CNN, Belarus –, Polish Defense, Polish, European Air Defence Conference, Les Invalides, Getty, Russian, Defense Ministry, NATO, EU Locations: Poland, Belarus, Russia, Belarusian, Paris, Geoffroy van der Hasselt, AFP, Polish Belarusian, Lithuania, Russian
A taste of cookie heaven? Lisbon pastry shop marks pope's visit
  + stars: | 2023-07-26 | by ( ) www.reuters.com   time to read: +1 min
[1/5] A pastry chef stands beside cookies with Pope Francis images ahead of his apostolic journey to Portugal on the occasion of the XXXVII World Youth Day, in Lisbon, Portugal, July 26, 2023. REUTERS/Pedro NunesLISBON, July 26 (Reuters) - As Lisbon gears up for a long visit by Pope Francis next week, a local pastry shop has rolled out a brand-new treat to mark the occasion: a cookie with the pontiff's picture on it that is already selling fast. The idea began as an in-house joke between one of the owners of Balcao do Marques, Fernando Santos, and his pastry chefs. The city-centre pastry shop is close to one of the venues where Francis will attend World Youth Day, a global gathering of young Catholics that runs from Aug. 1-6. Their design features an edible printed image of the pope set on a home-made cookie decorated with icing and coloured sugar sprinkles.
Persons: Pope Francis, Pedro Nunes LISBON, Marques, Fernando Santos, Francis, Santos, he'll, it's, Catarina Demony, Miguel Pereira, Pedro Nunes, Andrei Khalip, John Stonestreet Organizations: REUTERS, Authorities, Thomson Locations: Portugal, Lisbon, Balcao
Instagram head Adam Mosseri said Android is "now better" than Apple's iOS. Which is better: iPhone or Android? "Android's now better than iOS," Mosseri posted on Threads in response to tech YouTuber Marques Brownlee, aka MKBHD, who had asked for people's best tech "hot takes." Both Android and iOS have been wildly successful since the introduction of the first iPhone and Android phones in 2007 and 2008, respectively. As of the first quarter of 2023, Apple held an estimated 52% US smartphone market share, with Samsung the runner-up with a 27% share.
Persons: Adam Mosseri, YouTuber Marques Brownlee, reigniting, Android's, Mosseri, Marques Brownlee, MKBHD, Apple hasn't, Sameer Samat Organizations: Android, Morning, iOS, Meta, Counterpoint Research, Apple, Samsung, Google, Lenovo
On Thursday, regulators orchestrated an agreement between Tesla (TSLA.O) and 15 Chinese rivals to avoid “abnormal pricing”, sealing the deal at a signing ceremony in Shanghai, Bloomberg reported. Perhaps as a result, sellers of internal combustion engines frequently offered steeper discounts compared to battery-powered rivals, Citi’s data show. In this case, at least, it appears to be trying to keep competition healthy, targeting only “abnormal pricing”. If nothing else, Beijing’s intervention offers a welcome pause in hostilities. Over 30 brands in China announced discounts in the first three months of the year, according to industry consultancy Automobility.
Persons: It’s, Bill Russo, AlixPartners, Tesla, Antony Currie, Thomas Shum Organizations: Reuters, Tesla, Bloomberg, FAW Audi, BAIC Hyundai, Citi, HK, country’s Ministry of Industry, Information Technology, China Association of Automobile Manufacturers, Thomson Locations: HONG KONG, Beijing, Shanghai, Xpeng, China
Mastodon, another Twitter-like app, has 1.7 million monthly active users, according to its website, while Twitter co-founder Jack Dorsey-backed Bluesky has about 265,000 users. Twitter had 229 million monthly active users in May 2022, according to a statement made before Musk's buyout. THREADS HAS CERTAIN LIMITATIONSMeta's Threads app logo is seen in this illustration taken July 4, 2023. Threads does not have hashtags and keyword search functions, which means users cannot follow real-time events like on Twitter. Currently there are no ads on the Threads app and Zuckerberg said the company would only think about monetization once there was a clear path to 1 billion users.
Persons: Zuckerberg, Elon Musk, Mark Zuckerberg, Twitter's, Jasmine Enberg, Twitter, Meta, Niklas Myhr, Jack Dorsey, Bluesky, Dado Ruvic, hasn't, Marques Brownlee, Linda Yaccarino, Musk, Pinar Yildirim, Aditya Soni, Yuvraj Malik, Bansari Mayur, Akash Sriram, Shounak Dasgupta Organizations: Meta, Twitter, Intelligence, Chapman University, REUTERS, Facebook, University of Pennsylvania's Wharton, Thomson Locations: Las Vegas, Bengaluru
While Threads is a standalone app, users can log in using their Instagram credentials, which makes it an easy addition for Instagram's more than 2 billion monthly active users. Twitter, by comparison, had 229 million monthly active users in May 2022, according to a statement made before Musk's buyout of the social media platform. Mastodon, another Twitter-like app, has 1.7 million monthly active users, according to its website, while Twitter co-founder Jack Dorsey-backed Bluesky has about 265,000 users. Threads does not have hashtags and keyword search functions, which means users cannot follow real-time events like on Twitter. Overall, analysts said Threads was a strong competitor to Twitter, which has been rocked by abrupt decisions by Musk.
Persons: Elon Musk, Kim Kardashian, Gordon Ramsay, Niklas Myhr, Mark Zuckerberg, Pinar Yildirim, Jack Dorsey, Bluesky, Zuckerberg, Musk, Jasmine Enberg, Marques Brownlee, hasn't, Aditya Soni, Yuvraj Malik, Bansari, Shounak Dasgupta Organizations: Twitter, Chapman University, Facebook, University of Pennsylvania's Wharton, Intelligence, Bloomberg News, Union, Thomson Locations: Las Vegas, Bengaluru
Russia launched a full-scale invasion of Ukraine in February 2022.Insider spoke to three experts about why it happened, and the motives behind President Putin's move. AP Photo/Evgeniy MaloletkaPutin blamed the WestTaylor said the invasion of Ukraine reflects Putin's "grievances that have been brewing for a long time." For Putin, "Russia has a right to rule Ukraine. At the start of the invasion, Putin blamed NATO's expansion into eastern Europe for forcing his hand, echoing a criticism he has made for years. Russian President Vladimir Putin meets with war correspondents in Moscow, June 13, 2023.
Persons: Putin's, , Vladimir Putin, Putin, Felipe Dana, it's, George W, Bush, Stephen Hall, Hall, Alexander Ermochenko, Brian Taylor, Thomas Graham, Graham, Evgeniy Maloletka Putin, West Taylor, Taylor, Lithuania — Taylor, NATO didn't, Volodymyr Zelenskyy, Omar Marques, They've, Russia's, Peter the Great, Catherine the Great, Stalin, Zelenskyy, Viktor Medvedchuk, Donald Trump, Trump, Joe Biden, GAVRIIL Organizations: Service, AP, University of Bath, Kyiv, REUTERS, Slavic, of, West, Syracuse University, Yale, NATO, NATO doesn't, Russian Defense Ministry Press Service, Getty, Nazis, Nazism, Putin, SPUTNIK Locations: Russia, Ukraine, Ukrainian, Bucha, Kyiv, Russian Ukraine, Soviet Union, USSR, Russian, Moscow, Luhansk, Belarus, Asia, of Russia, East, Avdiivka, Europe, Ryazan, Finland, Estonia, Latvia, Lithuania, Zelenskyy, Afghanistan, Germany
Electric vehicles drove that change. In the first quarter of 2023, Russians purchased more Chinese cars than Lada, the beloved Soviet-era marque. That helps Chinese manufacturers churn out an electric vehicle for around 10,000 euros less than European competitors, according to Grant Thornton. Among the growing list of unwelcoming policies, the European Commission’s trade defence unit is considering ways to stem the tide of Chinese electric vehicle imports, according to Politico. How far China’s carmakers can make inroads further West will be decided by much more than assessments of their competency.
Persons: Bill Russo, Nio, Grant Thornton, Bernstein, Emmanuel Macron, CATL, Una Galani, Thomas Shum Organizations: Reuters, HK, Volkswagen, World Trade Organization, International Energy Agency, Global Times, Beijing, Lada, Chery, Amperex Technology, Politico, Ford Motor, Toyota, Nissan, Twitter, Thomson Locations: HONG KONG, BYD, People’s Republic, Europe, China, Shanghai, Hong Kong, New York, Japan, London ., European, United States, North America, France, Thailand, West
Apple's $3,499 Vision Pro headset was the main focus of its Monday event. The Apple Vision Pro headset was the biggest announcement at its Worldwide Developers Conference on Monday, but there's nothing beyond official ads that show people actually using the $3,499 device. If you want to see the Vision Pro in use, you'll have to wait a bit longer to see anything that isn't curated by the people selling it. Apple execs also declined to speak on the record about the headset, Wired reported. Despite this, the Vision Pro is getting pretty good reviews, and you'd hope so given its huge price tag.
Persons: Tim Cook, Mark Gurman, Cook hadn't, Mark Zuckerberg, Zoe Kleinman, Joanna Stern, Marques Brownlee —, Apple execs Organizations: Apple, Worldwide, Bloomberg, Twitter, Vision, Wall Street Journal, Wired, Vision Pro
Following the announcement of Apple's Vision Pro headset at its annual Worldwide Developers Conference, some attendees were whisked away in golf carts to a location on the company's campus to try out the new headset. Many noted the device's display screens were impressive (each have a more-than 4K resolution) and its hand-eye scrolling and tapping functions were responsive and worked mostly smoothly. YouTuber Brownlee said the most impressive thing about the headset was the device's internal eye-tracking technology, calling the experience "telepathic." The Verge's Patel was impressed by the device's display, which he said was "easily the highest-resolution VR display I have ever seen," and its "video passthrough" technology — the device's display adjusting to show a person who is talking to you in-person or your surroundings. "The most perfect headset demo reel of all time is still just a headset demo reel — whether Apple's famed developer community can generate a killer app for the Vision Pro is still up in the air," The Verge's Patel wrote.
Persons: YouTuber Marques Brownlee, Nilay Patel, , YouTuber Brownlee, Brownlee, I've, Patel, Robin Roberts, Roberts, Joanna Stern, Stern Organizations: Apple, Developers, Apple's, Developers Conference, Vision
The initial reviews were mixed and skeptics questioned whether even Apple could make virtual reality anything more than a niche technology. But boosters say that if any company can make it mainstream, it’s Apple with its ecosystem of two billion iPhone, iPad and Mac users. “We believe Apple Vision Pro is a revolutionary product,” Tim Cook told developers and journalists on Monday. It certainly looks like an Apple product: Unlike other virtual reality headsets, an external display shows your eyes to others, and the device is controlled using hand gestures, eye movements and your voice. “The most perfect headset demo reel of all time is still just a headset demo reel,” wrote Nilay Patel of The Verge.
Persons: Tim Cook, , Joanna Stern, I’ve, Marques Brownlee, , Nilay Patel, lockdowns Organizations: Apple, Apple Vision, The, Street, Investors
Mercedes won't join Renault's new electric van project-sources
  + stars: | 2023-06-02 | by ( ) www.reuters.com   time to read: +1 min
PARIS, June 2 (Reuters) - Mercedes Benz Group (MBGn.DE), a longtime partner of Renault (RENA.PA) in vans, won't take part in the French company's FlexEvan electric project and will focus instead on its own premium electric vehicle VAN.EA, two sources with knowledge of the matter said. A spokeswoman of Mercedes confirmed that the group had no plan to launch a mid-sized van or a large one on a different platform than VAN.EA. Renault has long sought to expand its cooperation in vans with Mercedes, but in vain. "It is true that for light commercial vehicles, the bulk (of the cooperation with Mercedes) has been done", one of the sources said. Reporting by Gilles Guilaume; Editing by Silvia Aloisi and David HolmesOur Standards: The Thomson Reuters Trust Principles.
Persons: FlexEvan, Mercedes, Luca de Meo, Carlos Ghosn, Gilles Guilaume, Silvia Aloisi, David Holmes Organizations: Mercedes Benz Group, Renault, Nissan, Renault Trucks, Sweden's Volvo, Mercedes, Daimler, Thomson Locations: U.S
HONG KONG, May 31 (Reuters Breakingviews) - Elon Musk may be China’s most popular American. State media quoted Musk saying the United States and China share “inseparable” interests and that Tesla opposes decoupling. This all provides the $638 billion Tesla with good political cover in the world’s largest automobile market. But for now Beijing and Musk are getting what they want out of the arrangement, and that means it is likely to endure. Reuters GraphicsFollow @petesweeneypro and @KatrinaHamlin on TwitterCONTEXT NEWSTesla Chief Executive Elon Musk visited China on May 30 for the first time since 2020.
Persons: Elon, Qin Gang, Musk, Xi Jinping, Elon Musk, Apple's Tim Cook, JPMorgan's Jamie Dimon, Laxman Narasimhan, Robyn Mak, Thomas Shum Organizations: Reuters, Foreign, Chinese Communist Party, Tesla’s, Twitter, CCP, SpaceX, Starbucks, Thomson Locations: HONG KONG, Beijing, Shanghai, China, Japan, Republic, India, Turkey, People’s Republic, United States, Washington
YouTuber Marques Brownlee filmed what it's like to use Google's 3D video chat device. Google unveiled the tech, dubbed "Project Starline," back in 2021 with pictures showing the "magic window" for meetings. Brownlee's video actually shows what it's like to use Google's latest prototype for the technology. The video by Brownlee actually shows what it's like to use the technology — Google has previously shown images and animations. "The magic of this is twofold — it's the display and the computing happening," he said in the video.
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