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☆ Fossils reveal head of the world’s largest known arthropod, study says
▼ + stars: | 2024-10-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +9 min

In a quest to find the first complete head, researchers conducted an analysis of Arthropleura fossils belonging to two juvenile individuals uncovered in the 1970s in France. Researchers studied scans of two Arthropleura fossils trapped in stone. Both fossilized insects still had most of their legs, and one of them had a complete head, including antennae, eyes, mandibles and its feeding apparatus — the first Arthropleura head ever documented, Lhéritier said. Researchers believe the two Arthropleura fossils belonged to juveniles because they reach just 0.9 inch (25 millimeters) and 1.5 inches (40 millimeters) long. But other fossils that preserve additional aspects of the arthropod’s body, including the head of an adult, will need to be found.

Persons: —, Arthropleura, we’ve, ”, Dr, Greg Edgecombe, Mickaël Lhéritier, Lhéritier, ” Edgecombe, Arthrorpleura, Lheritier, ” Lhéritier, “, James C, Lamsdell Organizations: CNN, Adv, Claude Bernard University Lyon, Mines, West Virginia University Locations: France, Great Britain, eadp6362, what’s, North America, Europe, Montceau, millipedes

☆ Sam Altman risks spreading himself too thin at OpenAI
▼ + stars: | 2024-10-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Sam Altman has taken a more prominent role at OpenAI as several top leaders have left the company. Altman risks spreading himself too thin, three management experts told BI. Now, as Altman leads OpenAI toward a possible for-profit future, some corporate management experts warn that the CEO could stretch himself too thin — taking on too many job functions. Altman and a spokesperson for OpenAI didn't respond to requests for comment from Business Insider. It's possible that Altman could take on the CTO role on a temporary basis, Sonnenfeld said, "but it's not likely that he can do this very long."

Persons: Sam Altman, Altman, —, Sam Altman's, OpenAI, Mira Murati, Altman hasn't, Fiss, Elon, Patricia Lenkov, Lenkov, Jeffrey Sonnenfeld, Sonnenfeld Organizations: Service, Business, Bloomberg, University of Southern, Apple, Twitter, JPMorgan, Yale University's School of Management, Yale, Leadership Locations: OpenAI, University of Southern California

☆ Cramer's Lightning Round: Coterra Energy is a buy
▼ + stars: | 2024-10-18 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Energy Transfer : "It trades with the whole group, and the group is actually trading very, very well...You're in good shape with ET." The bad news is you're up against Amazon...I'm a a believer in Tim, I really hope it works. Coterra Energy : "It can make money even at these levels...I think you buy the stock." I do think that, that when they come back this one will come back faster than all of them." Dover : "I think it's going to be a good quarter...It's in the data center, that's why we like it."

Persons: Tim Wentworth, he's Organizations: Walgreens, Amazon . Locations: I'm, Dover

☆ A Black conservative radio host invoked 'field' and 'house' slaves in arguing why some Black men back Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Unknown.Jpeg | Curtis Bunn | ) www.nbcnews.com time to read: +5 min

Black conservative radio host Shelley Wynter drew outrage from many when he broke down the Black male electorate in the U.S. into “house African Americans and field African Americans” during an appearance Wednesday on CNN. “This race is between house African Americans and field African Americans, and field African Americans are voting for [Donald] Trump.”During enslavement in the U.S., “house slaves” worked in the main house and generally performed indoor tasks. At the same time, Wynter’s comments highlighted the intensity surrounding the Black male vote and how influential it may be in November. “It just does a disservice to all of us, both as voters and as Black Americans. “There’s nothing that compares to enslavement in the United States or for Black Americans,” he said.

Persons: Shelley Wynter, Wynter, Sarah Sidner, Malcolm X, ”, Donald, Trump, “, Sidner, Michael Blake, Barack Obama, Shelley Wynter Show, Lesley Mac, Mac, Rashawn Ray, ” Dr, ” Wynter, ” Malcolm X, Malcolm, they’re, —, ” Mac, Donald Trump, ” Ray, Wynters Organizations: CNN, NBC, “ CNN, Central, Democratic, Republican, Brookings Institute, Black, Brookings, Jets, Giants, Democrat, Trump, “ Locations: U.S, Atlanta, Brooklyn, America, United States, Black

☆ N.C. judge argues for release of man convicted in murder of Michael Jordan's father
▼ + stars: | 2024-10-17 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

The North Carolina judge who presided over the 1996 murder trial over the killing Michael Jordan’s father petitioned the state’s parole commission to release one of the men convicted in the case. Details about Weeks’ petition were not available as parole commission hearings in North Carolina are confidential and not open to the public. Prior to the murder in 1993, James Jordan was sleeping in his red Lexus along a North Carolina highway when he was shot. Demery pleaded guilty to first-degree murder, armed robbery and conspiracy to commit robbery, and like Green, received a life sentence. Green has always said he did not kill James Jordan but admitted to helping dispose of the body.

Persons: Michael Jordan’s, Gregory Weeks, Daniel Green, James Jordan, Green, Larry Demery, Weeks, Michael Jordan, Demery Organizations: North, North Carolina Department of Corrections, Lexus, Chicago Bulls, NBA, Associated Press Locations: North Carolina, South Carolina

CAMP HILL, Pa. — Democrats have long tried to oust Rep. Scott Perry, the former head of the far-right Freedom Caucus and a staunch Donald Trump ally, in this Pennsylvania swing district. We need to be educated, we need to be safe, we need to be healthy,” she continued. And, you know, she just rattles it off,” Perry said, referring to the House Democrats’ campaign operation. On immigration, Stelson sounds much like Perry and Trump, calling for more border funding and deporting those who are in the country illegally. That takes more judges, more attorneys, and I think that people who are here illegally need to be sent home, as well."

Persons: Scott Perry, Donald Trump, Janelle Stelson, Perry, MAGA, —, It’s, Trump, Joe Biden, Shamaine Daniels, Josh Shapiro, Scott Wong, “ It’s, ” Perry, She’s, “ She’s, Stelson, Andrea Mitchell, staving, Court’s Dobbs, Roe, Wade, Dobbs, ” Stelson, “, doesn’t, hasn’t, Abigail Spanberger, Del, Eleanor Holmes Norton, Mike Pence, Jeffrey Clark, Mike Johnson, Johnson, ” Organizations: Democrats, Caucus, Capitol, Republican, Cornerstone, State Capitol, Democratic, National Democrats, Harrisburg City, GOP, NBC, House Democrats, MSNBC, ABC, WGAL, Hamas, Washington, Capitol Police, White, FBI, Intelligence Locations: HILL, Pa, Pennsylvania, Harrisburg, Pennsylvania’s 10th, Camp Hill, Washington, Iraq, Lancaster, “, District, Dauphin, Cumberland

Three days after the storm, Jones and his wife managed to hike up to his elderly mother-in-law’s house by wading through mud up to their knees. Donations pile up at Minneapolis Baptist Church in Newland, N.C., on Wednesday, after its fellowship hall was damaged by Hurricane Helene’s remnants. Helene’s crushing aftermath is colliding with another political storm Thursday as in-person early voting begins in North Carolina, one of several battlegrounds expected to play outsized roles in the election. In addition to the presidential race, voters in North Carolina will also decide on their controversial race for governor and contests for attorney general and state school superintendent. “There’s simply nothing left in some of the areas,” said Patrick Gannon, the public Information director for the North Carolina Board of Elections.

Persons: NEWLAND, we’ve, ”, Larry Jones, Hurricane Helene, Jones, Gabe Gutierrez, It’s, There’s, Patrick Gannon, “, ” Jones Organizations: Minneapolis Baptist Church, NBC, North Carolina Board Locations: N.C, Minneapolis, Avery County, Newland, North Carolina, Asheville

☆ Taylor Swift shook off publishers for her new book. That could spell trouble for the rest of the industry.
▼ + stars: | 2024-10-17 | by ( Samantha Grindell | Madeline Berg | ) www.businessinsider.com time to read: +11 min

Taylor Swift is self-publishing "The Eras Tour Book" and releasing it exclusively at Target. By excluding traditional publishers, Swift ensured she would get more of the book's revenue. With her latest announcement, the singer is back to her business-disrupting playbook with "Taylor Swift | The Eras Tour Book." AdvertisementIn what most closely resembles her book deal, Swift self-produced last year's "Taylor Swift: The Eras Tour" film. "Obviously, Taylor Swift is sort of a case under herself for this stuff in terms of just her reach," Hane said.

Persons: Taylor Swift, Swift, —, she's, it's, Clayton Durant, Simon &, Erik Hane, they're, It's, Ashok Kumar, Courtney Maum, Jessica Maddox, Gareth Cattermole, Maddox, Hane, Vittorio Zunino Celotto, Durant, vinyls, Taylor, John Shearer, Beyoncé, Paul Dergarabedian Organizations: Target, Service, Taylor Swift Publications, Nation School of Music, Sports, Entertainment, Simon & Schuster, Macmillan, HarperCollins, Hachette —, Literary, University of Alabama, Department, Universal Music, Big, Bloomberg, Poets Department, AMC, Mojo, Disney Locations: Long, Target, London, TikTok, Milan

☆ NFL Week 7 preview: Five things to watch out for
▼ + stars: | 2024-10-17 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +22 min

Brandon Sloter/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on September 22. Matt Slocum/AP Kansas City Chiefs quarterback Patrick Mahomes runs the ball against Cincinnati Bengals cornerback Dax Hill during the Chiefs' 26-25 victory in Kansas City, Missouri, on Sunday, September 15. Ed Zurga/AP Kansas City Chiefs quarterback Patrick Mahomes scrambles during the game against the Baltimore Ravens in Kansas City, Missouri, on September 5. The same can’t be said for Tampa Bay quarterback Baker Mayfield: he’s 1-5 on Monday nights. ETKansas City Chiefs (5-0) @ San Francisco 49ers (3-3) – 4:25 p.m.

Persons: Vince Lombardi, There’s, Deebo Samuel, Samuel, John Froschauer, Brian Branch, Matthew Pearce, Patrick McDermott, Pat Surtain, AAron Ontiveroz, C.J, Gardner, Johnson, David Njoku, Matt Rourke, Claudin, Kirk Cousins, Grant Halverson, Caleb Williams, Williams, Zac Goodwin, Isaac Yiadom, Ji'Ayir Brown, DK Metcalf, Steven Bisig, Willie Gay Jr, Gay, Ed Zurga, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Calvin Austin III, Brandon Sloter, Sam Darnold, Johnny Mundt, Stephen Maturen, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Patrick Mahomes scrambles, Charlie Riedel, Sean Payton, Payton, ”, “, Drew Brees, inducting, Brees, Will, Andy Reid, Michael Reaves, Getty, ” Mahomes, “ They’re, CJ Stroud, It’ll, Love, Stacy Revere, ” Stroud, he’s, Malik Willis, Jared Goff, Matt Patterson, Goff, Lamar Jackson, Baker Mayfield Organizations: CNN, New England Patriots, Jacksonville Jaguars, San Francisco 49ers, Seattle Seahawks, AP Detroit Lions, Dallas Cowboys, The Lions, Cowboys, Green Bay Packers, Packers, Arizona Cardinals, Getty Images Denver Broncos, Broncos, Los Angeles Chargers, Denver Post, Getty, Philadelphia Eagles, Cleveland Browns, Eagles, AP Carolina Panthers, Atlanta, Panthers, Getty Images Chicago Bears, Tottenham Hotspur, USA, Sports, Reuters New, Reuters New Orleans Saints, Kansas City Chiefs, Chiefs, Saints, AP Minnesota Vikings, New York Jets, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Los Angeles Rams, AP Indianapolis Colts, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Cardinals, 49ers, Las Vegas Raiders, Minnesota Vikings, Cincinnati Bengals, Bengals, Getty Images Houston Texans, Jacksonville, Texans, AP New York Giants, Giants, Reuters, Getty Images Pittsburgh Steelers, Steelers, Getty Images Minnesota Vikings, Tennessee Titans, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Neo, AP Baltimore Ravens, Arrowhead, New, New Orleans Saints, Denver Broncos, Saints Hall of Fame, Kansas City, Super, Lambeau, Ohio State, Green, Georgia, Penn State, ”, Stroud, Lambeau Field, NFC, Detroit Lions, Lions, Detroit, The Detroit Lions, Dallas, Disney, Tampa Bay, Miami Dolphins, Vegas Raiders, Carolina Panthers, Washington, Pittsburgh Steelers Locations: London, Seattle, Arlington , Texas, Green Bay , Wisconsin, Denver, Philadelphia, Charlotte , North Carolina, Reuters New Orleans, Kansas City , Missouri, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Glendale , Arizona, East Rutherford , New Jersey, Orchard Park , New York, Pittsburgh, Minneapolis, Nashville, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New Orleans, Arrowhead Stadium, Green Bay, Penn

☆ A bottom-up approach to AI adoption can drive innovation and inclusion, a Cisco EVP says
▼ + stars: | 2024-10-17 | by ( Jean Paik | ) www.businessinsider.com time to read: +8 min

Katsoudas says AI adoption should start on the day-to-day level and be focused on skills training. What AI transformations are taking place at Cisco and among your workforce? From a technology perspective, at Cisco there have always been three different motions that are going on. As leaders, we're going to have a level of workforce planning insights that we've never had before because AI is going to help us with this. In technology roles, it was kind of easy because you could just send out a quick coding exercise and understand who had the capabilities.

Persons: Francine Katsoudas, —, Katsoudas, Microsoft —, It's, we've Organizations: Service, Cisco —, Google, Intel, Microsoft, Cisco

☆ Pakistani police fire tear gas at protesting students as anger spreads over alleged on-campus rape
▼ + stars: | 2024-10-17 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Lahore, Pakistan AP —Pakistani police fired tear gas and charged at student protesters who ransacked a college building Thursday, as anger spread over an alleged on-campus rape, prompting the government to shut schools, colleges and universities for two days. Tensions have been high on college campuses since reports of the alleged rape in the eastern city of Lahore spread on social media, and protests have broken out in four cities. Thursday’s violence started when hundreds of students demonstrated outside a campus in the city of Rawalpindi in Punjab province. They also arrested a man who is accused of spreading misinformation on social media about the alleged rape and inciting students to violence. But Punjab police on Thursday urged people to share any information about the alleged rape.

Persons: ransacking, Mohammad Afzal, Mauz Ullah, ”, Usman Ghani, don’t, Hasna Cheema, ” Cheema Organizations: Pakistan AP, Police, Wednesday . Police, Punjab Group, Colleges, Federal Investigation Agency, Aurat Foundation, Social Development Organization, Sindh province . Police Locations: Lahore, Pakistan, Rawalpindi, Punjab province, Gujrat, Punjab, Islami, Sindh province

☆ Visa is undervalued considering its consistent growth, says Mike Khouw. How to trade it
▼ + stars: | 2024-10-17 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

As a global leader in digital payments, Visa has 4.2 billion credit and payment cards in circulation across more than 200 countries. Through its advanced transaction processing network, VisaNet, the company facilitates payment authorization, clearing, and settlement, and it is one of the most remarkable and consistent growth stories around — along with fellow payment processing company Mastercard. The following chart illustrates its remarkably consistent growth since the pandemic plunge (which naturally suspended considerable economic activity). While a 30 P/E is higher than the market's, the S & P trades closer to 26 times earnings; Visa should trade at a premium. The ability for consumer spending growth to continue apace is limited, so presumably, topline growth will slow somewhat.

Organizations: Visa, Mastercard, DOJ, Nvidia, United Health, Southwest Airlines, CNBC, NBC UNIVERSAL

☆ How Amazon is taking a Hollywood-style approach to its marketing
▼ + stars: | 2024-10-17 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Amazon is looking for ways to market itself outside the traditional TV spot under exec Amy Powell. She also teased a new show with "Recess Therapy" creator Julian Shapiro-Barnum. AdvertisementOn Monday, Amazon is set to announce "Celebrity Substitute," a new show with Julian Shapiro-Barnum, the 25-year-old comedian and actor of the online hit "Recess Therapy." "It involves Julian, how Amazon gives back to the community, schools, teachers," Amy Powell, head of entertainment marketing at Amazon, said recently when describing the concept. The upcoming show is one of many ways Powell is working to integrate Amazon's brand into entertainment, drawing on her Hollywood background.

Persons: Amy Powell, Powell, Julian Shapiro, —, Barnum, Shapiro, they'll, Julian, we've, Jack Ryan, Nick Cannon, Powell wasn't, it's, What's Organizations: Paramount, Barnum, Service, Amazon, Paramount Television, Procter & Gamble, Marriott, Google, Walmart Locations: New York

☆ Federal judge blasts DeSantis administration for threats against TV stations
▼ + stars: | 2024-10-17 | by ( Liam Reilly | Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —“To keep it simple for the State of Florida: it’s the First Amendment, stupid.”That’s what a federal judge wrote Thursday as he sided with local TV stations in an extraordinary dispute over a pro-abortion rights television ad. “Florida has now banned abortions, even in cases like mine.”The state health department – part of Gov. John Wilson, the health department’s general counsel, sent cease-and-desist letters to multiple television stations airing the ad. The health department’s threats were so chilling that WINK, a CBS affiliate, pulled the ad from its broadcasts, Florida Politics reported. Other stations have continued to air the ad, some as recently as Thursday evening, according to the TVEyes video search service.

Persons: New York CNN —, Mark E, Walker, Caroline, ”, Ron DeSantis’s, –, John Wilson, Wilson, Joseph Ladapo, ” Wilson, “, ” Jae Williams, Jessica Rosenworcel Organizations: New, New York CNN, State of, Chief U.S, District, Northern, Northern District of, Gov, Tampa Bay Times, Miami Herald, CNN, Physicians for Human Rights, CBS, Florida Politics, Democratic, FCC Locations: New York, State of Florida, Northern District, Northern District of Florida, Florida

☆ Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds
▼ + stars: | 2024-10-17 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

As a result, many are using more of their available credit and now, nearly 2 in 5 credit cardholders — 37% — have maxed out or come close to maxing out a credit card since the Federal Reserve began raising rates in March 2022, according to a new report by Bankrate. Other reasons cardholders blame for maxing out a credit card or coming close include a job or income loss, an emergency expense, medical costs and too much discretionary spending. Generation X at riskwatch nowMore than any other generation, Gen Xers in their 40s and 50s are most likely to have maxed out a credit card or come close in the past two and a half years, according to Bankrate's report. Of Gen Xers, 27% have maxed out their credit cards compared to 23% of millennials and 17% of Baby Boomers. Young adults in Gen Z are the least likely to have maxed out a card, according to the survey, which polled more than 3,500 adults, including 3,015 who are credit cardholders and 1,104 who have either maxed out their credit cards or come close.

Persons: Bankrate, Sarah Foster, Xers, Gen X Organizations: Federal Reserve, Bankrate, Baby Boomers, Gen

☆ The manufacturer of Nvidia, AMD chips soothes concerns that rocked the industry Tuesday
▼ + stars: | 2024-10-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

To be sure, a Bloomberg report earlier Tuesday that the U.S. government was considering a cap on AI chip exports to certain Persian Gulf nations may also have dampened industry sentiment. Investors are sensitive to any updates on AI chip demand, given the dramatic rise in the stocks of Nvidia, AMD, Broadcom and others over the past two years. Bottom line Artificial intelligence is alive and well, according to TSMC, which has emerged as the most valuable window into AI demand other than Nvidia itself. With Big Tech earnings in the coming weeks, it's particularly nice to see the AI chip trade stabilize after the ASML debacle. Jim said Thursday that AMD, which has way underperformed Nvidia, Broadcom and the broader market, is "still a bargain."

Persons: Wei, It's, Jensen Huang, TSMC, Jim, we're, Jim Cramer's, Jim Cramer Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Devices, Broadcom, CNBC, Nvidia's, iShares Semiconductor, AMD, Bloomberg, Big Tech, Apple, Club, Getty Locations: U.S, Hsinchu, Taiwan

☆ Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
▼ + stars: | 2024-10-17 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Carlos Tavares, chief executive officer of Stellantis NV, beside a Citroen C5 Aircross Concept automobile at the Paris Motor Show in Paris, France, on Monday, Oct. 14, 2024. So, Citroen, Peugeot [and] Renault, they are all showing some smaller affordable models," Poliscanova said. The partly covered wheel of a BYD Co. electric vehicle at the Paris Motor Show in Paris, France, on Tuesday, Oct. 15, 2024. "This year in Europe, we did not have affordable models, so people are not buying those overpriced premium vehicles. Not that many full electric vehicles in Europe for less than that price," he added.

Persons: Carlos Tavares, Julia Poliscanova, Poliscanova, carmaker, Environment's Poliscanova, JATO, Denis Le Vot, CNBC's Charlotte Reed, Le Vot Organizations: Stellantis, Citroen, Paris, Bloomberg, Getty, Europe's, Transport & Environment, CNBC, Peugeot, Renault, carmaker Renault, Tech, Auto, Parc des, Chesnot, U.S, Beijing, Dacia, EV Locations: Paris, France, PARIS, Europe, China, Dacia, EVs, Parc, U.S

☆ Teen tobacco use falls to 25-year low as fewer pick up e-cigarettes
▼ + stars: | 2024-10-17 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +3 min

Tobacco product use among middle and high school students has dropped to a 25-year low, the Centers for Disease Control and Prevention and the U.S. Food and Drug Administration announced Thursday. Female students reported the biggest decline in use across the board, and Hispanic students also reported a drop in use of any tobacco product. Evidence-based strategies, including price increases, media campaigns and smoke-free policies, are likely part of what caused tobacco product use to drop, according to the agencies. E-cigarettes continue to be the most used among students who reported tobacco product use, at 5.9%, but nicotine pouches are now the second-most commonly used tobacco product, at 1.8%, followed by cigarettes at 1.4%. Zyn was the most-popular nicotine pouch brand, at 68.7%, compared with the next most-popular brand On at 14.2%.

Persons: We're, Brian King, Deirdre Lawrence Kittner, Zyn, Philip Morris Organizations: Centers for Disease Control, U.S . Food, Drug Administration, CDC, FDA, National Youth Tobacco Survey, FDA's Center for Tobacco Products, Philip, Philip Morris International Locations: New York City, U.S, Colorado

☆ Chip stocks rally after TSMC's strong sales forecast calms growth worries
▼ + stars: | 2024-10-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Semiconductor stocks rose after TSMC's strong sales forecast. TSMC's performance boosts an industry shaken by another chipmaker's disappointing outlook this week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Two days after a broad semiconductor-stock sell-off driven by a light forecast from the Dutch firm ASML, chipmakers rallied on Thursday on TSMC's strong results. TSMC's third-quarter earnings report saw the company increase its 2024 sales-growth forecast to 30%, up from previous projections of mid-20% expansion.

Persons: —, chipmakers, C.C, Wei, It's, ASML Organizations: Service, Taiwan Semiconductor Manufacturing Company, Nvidia, Broadcom, Micron, iShares Semiconductor Locations: New York

☆ Stock market today: Indexes gain after strong retail sales data
▼ + stars: | 2024-10-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Stocks rose Thursday as investors digested strong retail sales data and more earnings. Retail sales data showed US consumer spending remains robust, with monthly spending up 0.4%. AdvertisementUS stocks climbed on Thursday as traders saw better-than-expected retail sales data and continued to digest strong corporate earnings reports. September's retail sales report showed consumer spending remains strong, with monthly spending up 0.4% from August, just above a Dow Jones consensus estimate of 0.3%. And almost every AI innovator is working with TSMC," TSMC chairman and CEO C.C.

Persons: Stocks, ASML, —, C.C, Wei, TSMC, Morgan Stanley, JB Hunt Organizations: Service, Dow Jones, Commerce Department, Federal Reserve, Labor Department, chipmaker Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, chipmakers, United Airlines, Netflix, Caixin Global, JB Locations: Wednesday's, Here's, China

☆ I spent a week 'bikepacking' over 330 miles from Pittsburgh to DC. The solo journey was challenging, but I'd absolutely do it again.
▼ + stars: | 2024-10-17 | by ( Tara Lerman | ) www.businessinsider.com time to read: +8 min

I spent a week riding my bike from Pittsburgh to Washington, DC. The road was rough at times, but the people I met made the journey worthwhile. AdvertisementWhen I set out to ride my bike from Pittsburgh to Washington, DC, I wasn't quite sure what to expect. "Bikepacking" — riding a bicycle carrying clothing, food, water, and camping gear and finding places to sleep outside along the journey — is not an easy endeavor. AdvertisementAbout halfway through my ride, I met a lovely woman who was born and raised in Meyersdale.

Persons: —, Tara Lerman, Mason, he'd, Bikepacking, Little Orleans , Maryland Tara Lerman, bikepack, I've, I'm Organizations: Service, Facebook, GAP, Chesapeake and, Baltimore and Ohio Railroad, Lake Erie Railroad, Union Railroad, Western Maryland Railway —, Dixon, Mason Locations: Pittsburgh, Washington, DC, Chesapeake and Ohio, Baltimore, Monongahela, Allegheny, Pennsylvania, Alabama, Texas, Maryland, Little Orleans , Maryland, Frostburg , Maryland, Meyersdale , Pennsylvania, Meyersdale

☆ Exclusive: The cofounder of GroupMe and Splice is taking on the $180 billion supplement industry with new startup SuppCo
▼ + stars: | 2024-10-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +7 min

Steve Martocci, cofounder of GroupMe, Blade, and Splice, is back with a new consumer health app. His startup, SuppCo, helps people find trusted supplements and track their health progress. The startup, called SuppCo, just raised a $5.5 million seed round co-led by Union Square Ventures and True Ventures, and including BoxGroup and Compound. SuppCoBuilding consumer trustMartocci first started taking supplements after GroupMe sold to Skype, when he was struggling with his health and weight. He clarified that SuppCo will never sell its users' data, and won't rely on ad revenue or notch partnerships with supplement companies.

Persons: Steve Martocci, —, Martocci, he's, Martocci's, she'd, Nick Michlewicz, Bryan Johnson, Joe, Adam D'Augelli, GroupMe, SuppCo's, Michlewicz, SuppCo, Nick Michlewicz's, what's, Andy Weissman Organizations: Union Square Ventures, True Ventures, Service, East, TechCrunch, Skype, Square Ventures, Ventures, Food and Drug Administration Locations: New York

State polling misses in presidential elections with Trump Polls underestimated Democrat Republican 2020 D+10 D+5 Even R+5 R+10 Iowa Result Poll avg. State polling misses in presidential elections Polls underestimated Democrat Republican 2012 D+10 D+5 Even R+5 R+10 S.C. One theory, presented by a report evaluating 2020 polls, is that Trump supporters were less likely to respond to surveys. Past polling misses in presidential elections for battleground states Years in bold indicate those in which the polling leader lost in that state. D+15 D+10 D+5 Even R+5 R+10 R+15 Note: Averages not available for some states in some years.

Persons: it’s, Donald J, Hillary Clinton, Joseph R, Biden, pollsters, Barack Obama, Bill Clinton, Trump, Mr, Clinton, Obama, Mitt Romney, John McCain, George W, Bush, John Kerry, Al Gore, ”, Chris Jackson, Kamala Harris, Trump’s, “, Berwood Yost, we’ve Organizations: Republican, Mr, Trump Polls, Ohio Texas, Iowa Ohio, Electoral, N.H . Iowa Nev, Nev . Ohio N.M, Nev . Ohio N.M . Iowa Wis, ., . Ohio Mo, Democratic, Ipsos, Biden, Pew Research, Wisconsin Polling, Michigan Polling, Nevada Polling, Carolina Polling, Arizona Polling, Georgia Polling, Franklin & Marshall, Poll of Pennsylvania Locations: Ohio Texas Fla, N.C ., Ariz . Wis, Pa, Nev . Mich . Wisconsin, N.C, Ariz . Fla, Wis, Pa . Mich, N.H, Minn, Nev, Colo, Fla . Ohio Va, N.H . Iowa, Mich, South Carolina, Mont, Mo, Ind, Indiana, Fla, Nev . Ohio, Nev . Ohio N.M . Iowa, Ore, Hawaii, . Ohio, N.H . Fla, Iowa Minn, Wash, Ill, Florida, pollsters, State, Wisconsin, Michigan, Pennsylvania, Nevada, Carolina, Arizona, Georgia

☆ Hedge fund manager Daniel Loeb believes Trump's chances are increasing and he's betting accordingly
▼ + stars: | 2024-10-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Third Point's Daniel Loeb believes the odds are rising that former President Donald Trump will win the U.S. presidency this November over Vice President Kamala Harris and the influential hedge fund manager is increasing positions that would benefit under a Republican administration and Congress. But Loeb in his quarterly missive said he was increasing both "stock and option purchases" to bet on the Trump win scenario. Loeb is not alone on Wall Street in making those bets with JPMorgan most recently highlighting gains in bank stocks and the U.S. dollar as signs more investors see a Republican win. The fund gained 4% last quarter, according to the letter, also trailing the market. But he sees the improvement in market breadth that began in the third quarter continuing, especially under a Republican administration.

Persons: Point's Daniel Loeb, Donald Trump, Kamala Harris, ", Loeb, Harris, missive, Biden, CNBC's Scott Wapner Organizations: U.S, Republican, CNBC, Biden, NBC, Trump, JPMorgan Locations: U.S, Danish

☆ Historic bitcoin theft tied to Connecticut kidnapping, luxury cars, $500K bar bills
▼ + stars: | 2024-10-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +12 min

To date, at least $100 million in bitcoin stolen from the victim remains unaccounted for, prosecutors said in a recent court filing in D.C federal court. Zoom In Icon Arrows pointing outwards United States District Court for the District of ColumbiaThe schemers then duped the man into downloading a program onto his computer to protect his Gemini holdings. "Serrano was eventually able to manipulate the victim into opening files with private keysto over 4,100 Bitcoin," the court filing said. The schemers then used "sophisticated money laundering techniques to hide the proceeds and mask their identities," a court filing alleges. "To date, approximately $70,000,000 has been recovered or frozen on various exchanges," prosecutors wrote in a court filing.

Persons: Jakub Porzycki, —, I've, Steven Castrovinci, Castrovinci, — Malone Lam, Jeandiel Serrano —, Serrano, Paulette Pagan, Lam, Malone Lam, Columbia Lam, Anne Hathaway, Lamborghini, Pagani, Serrano's, Lamborghini Urus, van, Matthew Loucks, Loucks, Rick, Swatting Organizations: NurPhoto, Getty, D.C, Police, Police Department, CNBC, Lamborghini, Danbury Police, Attorney's, District of Columbia, FBI, Gemini, United States, Court, Prosecutors, District, Management, Honda Locations: Washington, cryptocurrency, Connecticut, Danbury , Connecticut, Danbury, Florida, U.S, Los Angeles, Singapore, L.A, Miami, United States, Encino , California, Maldives, Columbia

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