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☆ GM to use Tesla charging network, joining Ford in leveraging the EV leader's tech
▼ + stars: | 2023-06-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader's North American charging network and technologies. Under the deal, GM vehicles will be able to access 12,000 of Tesla's fast chargers using an adapter and the Detroit automaker's EV charging app, starting next year. The partnerships with now two leading Detroit automakers is a major win for Tesla and its charging technology. It is expected to add pressure on other automakers — as well as the U.S. government, which is investing billions in building out an EV charging network — to adopt Tesla's technology. The deal was announced by Barra and Tesla CEO Elon Musk during a live audio discussion on Twitter Spaces.

Persons: Tesla, Ford, Mary Barra, CNBC's Phil LeBeau, Elon Musk Organizations: DETROIT, Motors, Ford Motor, GM, Detroit, EV, American, Tesla, ., Wall Street, Barra, Twitter

☆ Chris Licht's tumultuous 13-month run as CEO of CNN: Layoffs, anchor drama, and that really bad Atlantic profile
▼ + stars: | 2023-06-07 | by ( Madeline Berg | ) www.businessinsider.com time to read: +10 min

Discovery CEO David Zaslav emailed staff, letting them know Licht was stepping down. On the programming side, Licht launched "CNN This Morning," with anchors Don Lemon, Poppy Harlow, and Kaitlan Collins. "It's another shit show" on top of Licht's multiplying challenges at CNN, one former employee told Insider at the time. "Having people applaud those sexual abuse comments definitely made me question my allegiance to this network," one network executive told Insider. CNN's own media reporter Oliver Darcy said Licht had "lost the room," adding that dozens of CNN staffers no longer had confidence in their leader.

Persons: Chris Licht, David Zaslav, Licht, Zaslav, He'd, Jeff Zucker, Stephen Colbert's, Joe, Licht's, WBD, —, Brian Stelter, John Harwood, Don Lemon, Poppy Harlow, Kaitlan Collins, Chris Cuomo, Nikki Haley, isn't, Lemon, Gayle King, Charles Barkley, Dana Bash —, Donald Trump, Trump, CNN's Collins, Zucker, Insider's Nich Carlson, Zaslav's, Puck's Dylan Byers, he'd, CNN's, Oliver Darcy, Anderson Cooper, Jake Tapper, Max Tani Organizations: CNN, Warner Bros, Discovery, Licht, CBS, Trump, House, Republican Party, — CNN, AP, Variety, cnn Locations: Trump

☆ CNN's Chris Licht is facing an outraged newsroom and some are wondering if he'll survive — here are 16 top execs he's counting on to help him dig out
▼ + stars: | 2023-06-07 | by ( Lucia Moses | Alison Brower | Claire Atkinson | ) www.businessinsider.com time to read: +4 min

CNN CEO Chris Licht hopes to win back his staff's trust after a damaging magazine profile of him. Discovery exec David Leavy has been dispatched to help Licht run the network. Here are the 16 key CNN deputies under Licht leading news efforts, business development, and more. CNN boss Chris Licht has had the most scrutinized and toughest year of all Warner Bros. Leavy will report to Licht when he officially starts June 20, taking oversight of operations, marketing, and PR.

Persons: Chris Licht, David Leavy, Licht, Jeff Zucker, Oliver Darcy, Brian Stelter, that's, Amy Entelis, Virginia Moseley, Athan Stephanopoulos, Chris Marlin, Ted Turner's, John Malone, Donald Trump, Christiane Amanpour, He's, Kaitlan Collins, Gayle King, Charles Barkley, Barbara Starr, Ana Cabrera, Don Lemon, Nikki Haley wasn't, Lemon Organizations: CNN, Top Warner Bros, Discovery, Warner Bros, CNBC, Trump, White House, CBS News, WBD Sports Locations: WBD, York

☆ Stocks making the biggest moves premarket: Home Depot, Capital One, Dish Network & more
▼ + stars: | 2023-05-16 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Check out the companies making headlines in premarket trading. Dish Network — The satellite TV provider added 5.2% in premarket trading after director James DeFranco disclosed the purchase of 3 million shares. Home Depot , Lowes — The home improvement retailers lost 3.5% and 2.8% in premarket trading on Tuesday, after Home Depot reporting the biggest revenue miss in over 20 years. The company reported revenue of $37.26 billion against a Refinitiv consensus forecast of $38.28 billion. Sea Limited — Shares shed nearly 8% after the Singapore-based technology company reported earnings before the open.

In 2017, with Mr. Connors’ help, Mr. Maichle started his own company, Precision Compliance Consulting. ‘Boss Man’Mr. Connors, Mr. Lewis and Mr. Maichle were all active in college conservative politics in Wisconsin about 15 years ago, when Mr. Connors was the leader of campus Republicans at Marquette University. Of that, about $102,000 went to Campaign Now, the firm started by Mr. Connors, and another $112,000 to companies where Mr. Connors, Mr. Maichle or Mr. Lewis was either the owner or a partner, tax records show. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments. Most of the money — more than $4.4 million — went to fund-raising companies via tens of thousands of small payments.

Trump was back on CNN primetime during a town hall appearance on Wednesday night. And CNN certainly seemed to be eager for conservative buy-in during the Wednesday town hall, filling the room with a mixture of New Hampshire Republicans and effectively independent voters. The former president's advisor told other outlets that the town hall was an effort to underline Trump's 2016 strategy of reaching beyond the traditional GOP coalition. During the Wednesday town hall, Trump called Carroll a "whack job," echoing the very falsehoods that landed him with a defamation charge this week. "The predictably disastrous @cnn town hall was indeed disastrous," former broadcast exec and current dean of the Lawrence Herbert School of Communication at Hofstra University, Mark Lukasiewicz tweeted.

☆ Lachlan Murdoch says there's 'no change to our programming strategy' at Fox News in wake of Tucker Carlson's firing
▼ + stars: | 2023-05-09 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Lachlan Murdoch told analysts Tuesday that "programming strategy" at Fox News wouldn't change. Murdoch, CEO of Fox Corp. and Rupert Murdoch's son, was involved in Tucker Carlson's firing, Insider reported. Media scion and Fox Corp. CEO Lachlan Murdoch told analysts on Tuesday that it would be programming as usual in the wake of host Tucker Carlson's abrupt firing from the network. Murdoch, the son of News Corp. mogul Rupert Murdoch, said on the company's earnings call that "there's no change to our programming strategy at Fox News. Representatives for Fox Corp. and Fox News did not immediately respond to Insider's request for comment ahead of publication.

☆ Stocks making the biggest moves midday: Palantir, Novavax, Under Armour and more
▼ + stars: | 2023-05-09 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Palantir – Palantir shares popped nearly 20% after the software company beat first-quarter estimates and said it anticipates full-year profitability. The firm also reaffirmed full-year revenue guidance and raised its full-year adjusted EBITDA expectations, while cutting 6% of its workforce. Under Armour — The apparel company slipped 5.3% after the company projected earnings per share and revenue to be short of Wall Street expectations for the full-year. Fisker — Shares shed 4.8% after the automotive company's first quarter earnings came in under Wall Street forecasts. Trex Company — Trex Company jumped 8.1% after the maker of wood-alternative decking and railing topped analysts' first-quarter expectations, and issued stronger-than-expected second-quarter revenue guidance.

☆ What the End of Title 42 In the U.S. Means - The New York Times
▼ + stars: | 2023-05-05 | by ( Alejandra Oliva | ) www.nytimes.com time to read: +3 min

On the face of it, the end of Title 42 — reopening the border and an ostensible return to normalcy — may seem like a good thing. I’ve helped asylum seekers fill out their applications in a New York City clinic within their first year in a new home. We must not forget that the United States has legal obligations to provide protection to people who qualify as refugees under international law. The choice to come to the United States is not an easy or uncomplicated one. They are often frustrated and angry at how the United States government has treated them.

☆ Meta is building an 'Instagram for your thoughts' that could take on Twitter competitor — and it could be a 'great opportunity'
▼ + stars: | 2023-05-02 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Meta is building a decentralized text-based social network that will integrate with Instagram. It's no longer a secret that Meta is building out its own decentralized text-based social network. "We're exploring a standalone decentralized social network for sharing text updates," a spokesperson for Meta told Insider in a statement when asked about the prototype. "It's a great opportunity for them to fill that void with Twitter going through such a transition." Meta's decentralized social network could very well face the same fate.

☆ Meta is working on its own Twitter-like social network. Here's why an 'Instagram for your thoughts' could win as competitors multiply.
▼ + stars: | 2023-04-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Meta is building a decentralized text-based social network that will integrate with Instagram. It's no longer a secret that Meta is building out its own decentralized text-based social network. "We're exploring a standalone decentralized social network for sharing text updates," a spokesperson for Meta told Insider in a statement when asked about the prototype. "It's a better idea than a lot of other things that have come out of Meta recently," Morgan added. Meta's decentralized social network could very well face the same fate.

The day before Dominion Voting Systems’ defamation trial against Fox News was set to begin in a Delaware courthouse, the Fox board of directors and top executives made a startling discovery that helped lead to the breaking point between the network and Tucker Carlson, one of its top stars. Private messages sent by Mr. Carlson that had been redacted in legal filings showed him making highly offensive and crude remarks that went beyond the inflammatory, often racist comments of his prime-time show and anything disclosed in the lead-up to the trial. Despite the fact that Fox’s trial lawyers had these messages for months, the board and some senior executives were now learning about their details for the first time, setting off a crisis at the highest level of the company, according to two people with knowledge of the discussions. The discovery added pressure on the Fox leadership as it sought to find a way to avoid a trial where Mr. Carlson — not to mention so many others at the network — would be questioned about the contents of the private messages they exchanged in the aftermath of the 2020 presidential election.

☆ 53-year-old Tucker Carlson says 'retirement is going great so far' after his ouster from Fox News
▼ + stars: | 2023-04-26 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Tucker Carlson said "retirement is going great so far" after his ouster from Fox News. Carlson was all smiles as he rode in a golf cart alongside his wife in Florida, photos show. Tucker Carlson has broken his silence after his bombshell ouster from Fox News. "Retirement is going great so far," the 53-year-old axed star host of the conservative media powerhouse told the DailyMail.com as he left his beachside mansion in Boca Grande, Florida, on Tuesday night. "I haven't eaten dinner with my wife on a weeknight in seven years," Carlson told the news outlet.

☆ Fox's not allowing Tucker Carlson to say goodbye to viewers is the equivalent of 'execution' says fired CNN anchor
▼ + stars: | 2023-04-25 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Tucker Carlson's abrupt ousting from Fox News is more like an "execution," according to a fired CNN anchor. "Not being given a chance to sign off is the television equivalent of an execution," Brian Stelter said in Vanity Fair. Yet Carlson, Fox News' top-rated host, never got the chance to say goodbye to his audience, thanks to his sudden ousting on Monday by the conservative media powerhouse. Advertisements featuring Fox News personalities, including Tucker Carlson, adorn the front of the News Corporation building, March 13, 2019. "The takeaway, at least for some TV insiders, is that Carlson was shoved— hard—by Fox management," Stelter wrote in Vanity Fair.

☆ Thieves can steal a car in minutes by hacking it through its headlights with devices sold online, experts warn
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Emergency start devices sold online starting at $1,600 can hack into a car through its wire network. The easiest access to car wires is through the headlights, car security experts say. "Normally, the wake-up message happens when you've pressed your car key. The hacking device sends a message to the car's front network — a car has many networks for logistic reasons — pretending to be the key. To study the hacking system, Tindell and Tabor purchased a similar hacking device online and reverse-engineered it.

☆ Fox News' settlement with Dominion doesn't mean the risk of embarrassment is over, with Smartmatic saying it 'remains committed' to its own defamation case against the network
▼ + stars: | 2023-04-18 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +5 min

The company made the statement following Fox News' $787 million settlement with Dominion on Tuesday. Smartmatic sued Fox News for defamation in 2021 and is seeking $2.7 billion in damages. (In a statement, Fox News acknowledged the false statements and said the settlement reflected its "commitment to the highest journalistic standards.") It also opened the door to adding Fox News' parent company, the Fox Corporation, as a defendant. Before settling with Dominion, Fox News' public relations team said the same thing.

☆ What's in the leaked Pentagon documents that could hurt Ukraine and has US officials panicking
▼ + stars: | 2023-04-11 | by ( John Haltiwanger | Sonam Sheth | ) www.businessinsider.com time to read: +9 min

Dozens of secret Pentagon documents were leaked online in recent weeks. Many of the documents appear to be intelligence briefing materials on a wide range of subjects, dating back to around early March. When were the documents leaked and who leaked them? But Bellingcat reported that some of the materials date back to January and may have been leaked online earlier. Leaked documents claim that Ukrainian President Volodymyr Zelensky sought to attack Russian troop deployments inside Russia with drones.

☆ Opinion: The hard lessons I learned the first time I was laid off
▼ + stars: | 2023-04-11 | by ( Phoebe Gavin | ) edition.cnn.com time to read: +8 min

I learned this lesson the hard way after my first layoff years ago. Many people don’t realize it, but there are two job markets: the public job market, driven by job boards and careers pages, and the shadow job market, driven by relationships and reputation. If you want to access the shadow job market, you need to know people, and people need to know you. I’ve derived great joy and fulfillment from mentoring and sponsoring people throughout my professional career. If you start investing in your professional resilience today, yours can be too.

☆ Walmart is cheaper than Dollar General for groceries
▼ + stars: | 2023-04-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Dollar General has hiked food prices more than Walmart and Kroger, Bank of America analysts found. The study documented prices on a range of grocery items in February at retailers in Dallas, including Walmart, Kroger, Target, Dollar General, and Aldi, among others. At Dollar General, prices rose 36%, the steepest increase of all the retailers, Bank of America analysts Robert Ohmes and Kendall Toscano wrote. A comparable selection at Target totaled $194.15, while the cost at Dollar General was $201.14. Do you work or shop at a Dollar General and have a story to share?

☆ Australia to ban TikTok on government devices over security concerns
▼ + stars: | 2023-04-04 | by ( ) www.cnbc.com time to read: +1 min

The Australian government said on Tuesday it will remove TikTok from all federal government-owned devices over security concerns, becoming the latest U.S. allied country to initiate action against the Chinese-owned video app. The move underscores growing worries that China's government could use the Beijing-based company, owned by ByteDance, to harvest users' data to advance its political agenda, undermining Western security interests. It risks renewing diplomatic tensions between Canberra and Beijing that have eased somewhat since the Labor government led by Prime Minister Anthony Albanese returned to power in May. The ban will come into effect "as soon as practicable," Attorney-General Mark Dreyfus said in a statement, adding that exemptions would only be granted on a case-by-case basis and with appropriate security measures in place. With Australia's ban, all members of the so-called Five Eyes intelligence-sharing network — which consists of Australia, Canada, the United States, Britain and New Zealand — have banned the app from government devices.

☆ Walmart is cheaper than Dollar General for groceries, as the dollar chain hikes prices faster than its rivals
▼ + stars: | 2023-03-31 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Dollar General has hiked food prices more than Walmart and Kroger, Bank of America analysts found. At Dollar General, prices rose 36%, the steepest increase of all the retailers, Bank of America analysts Robert Ohmes and Kendall Toscano wrote. At Family Dollar, another chain of dollar stores, it was $203.67." Consumers have also turned to Dollar Stores, given their reputation for inexpensive stuff, CNBC reported in February. Do you work or shop at a Dollar General and have a story to share?

☆ Airbnb CEO Brian Chesky's assistant shares the main reason why his schedule is so difficult to manage and how she broke into Big Tech
▼ + stars: | 2023-03-28 | by ( Elle Hardy | ) www.businessinsider.com time to read: +7 min

Sugar-Carlsgaard is the senior executive assistant to the cofounder and CEO of Airbnb. She was headhunted to join Airbnb as the senior-executive assistant to Chesky, the CEO, in 2019, and she describes the company as "captivating." Before Sugar-Carlsgaard started, Chesky's team was beginning to transition into having "a lot of eyes" on them as Airbnb grew bigger. It's the way Airbnb functions, she said. Breaking into Big Tech was about "trusting myself and being able to sell myself and my experiences," she said.

☆ Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more
▼ + stars: | 2023-03-27 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Pinterest — Pinterest gained 4.3% after UBS upgraded the social media stock to buy and said shares could pop more than 25% as the company improves its advertising strategy. First Republic , PacWest — Regional bank stocks were moving higher on Monday following a report from Bloomberg News that U.S. authorities were considering expanding government support for banks to provide additional liquidity. Shares of First Republic jumped 23% in premarket trading, while PacWest Bancorp rose about 9%, and Western Alliance gained 5%. KeyCorp — KeyCorp gained 6.8% after Citi upgraded the stock to buy from neutral. Corning — Shares advanced 2.3% after Deutsche Bank upgraded Corning to buy from hold.

☆ A former Amazon recruiter shares 5 tips on finding a job during big tech layoffs and a tough job market
▼ + stars: | 2023-03-23 | by ( Lindsay Mustain | ) www.businessinsider.com time to read: +7 min

If you want to land a tech job in 2023, Mustain says updating your resume and cold-applying won't be enough. This small shift has allowed some of my clients to go from applying to dozens of jobs to netting multiple job offers. I once saw a client land three job offers because he upgraded the language on his résumé to match what his target job descriptions included. To build relationships that will lead to job offers, start by reaching out to people in your extended network — friends of friends, former coworkers, etc. The job market is always evolving — and that means you always need to update your approach to job hunting.

☆ This could be Big Oil's last surge
▼ + stars: | 2023-03-19 | by ( Catherine Boudreau | Jacob Zinkula | ) www.businessinsider.com time to read: +12 min

The era of Big Oil could end sooner than its massive profits suggest, analysts told Insider. But the worst-case scenario for the environment — that oil and gas companies reinvest all their extra money to keep growing — isn't happening, Logan said. The role of oil and gas companies in the energy transition is an ongoing debate, analysts told Insider. The UK company cited the need for an "orderly" energy transition. And while Big Oil's finances may begin to show some cracks over the next decade, he doesn't expect them to "suffer financially" for another 25 to 35 years.

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