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☆ Here's a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. After reducing expenses to improve margins on its retail business, Jim said it's on the right track. Costco Wholesale (COST): Costco remains one of Jim's favorite stocks in the entire our entire portfolio. Ford Motor (F): Jim expressed confidence in Ford CEO Jim Farley, as the targeted United Auto Workers strike approaches the one-month mark. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, it's, Bausch, we're, We've, Coterra, Dupont, We're, Nelson Peltz, Peltz, Estee Lauder, Patience, Fabrizio Freda, Emerson, Jim Farley, Ford, Locker, Mary Dillon, GEHC, Vimal Kapur, Bruce Broussard, Broussard, he's, Eli Lilly, Lilly, Mark Zuckerberg, Morgan Stanley, Morgan Stanley's, James Gorman, Laxman Narasimhan, Elliott, Stanley Black, Decker, Piper, Wells Fargo, Wells, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Federal Trade, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Exxon Mobil, Natural Resources, Disney, ESPN, Hulu, Comcast, Emerson, National Instruments, Ford, United Auto Workers, Nike, GE Healthcare, Electric, GE, Honeywell International, Honeywell, Humana, Linde, LIN, Microsoft, Nvidia, Oracle, Alto Networks, cyberattacks, Palo Alto Networks, Procter & Gamble, Pioneer, Exxon, Constellation Brands, Elliott Management, FactSet, TJX, Marshalls, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: China, U.S, Maxx, Las Vegas, Boston, Macau, Asia

The business works with more than 300 family farms across the country, and can process up to six million eggs per day. Vital Farms eggs can cost anywhere from $6 to $10 per dozen, multiple times the national average. From Whole Foods to 24,000 storesIt took two years for Vital Farms to turn its first operating profit. Those factors are expensive, and Vital Farms has to convince farmers that the costs are worthwhile. Vital Farms can process up to 6 million eggs per day at the brand's central processing facility in Missouri.

Persons: Matt O'Hayer, he's, O'Hayer, John Mackey, Mackey, It's, Russell Diez, Canseco, Diez, — Organizations: Vital, Rhode, CNBC, Foods, Vital Farms, American Society for, Albertsons, Kroger, Walmart, Care, People, Animals, PETA, Cal, Research Locations: Austin , Texas, U.S, Houston, Austin, Midwest, Publix, Target, O'Hayer, Missouri, Maine

☆ I visited one of the 9 Target stores about to close. I found sad customers, many of whom blamed theft, and throngs of students hanging out in the aisles.
▼ + stars: | 2023-09-29 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

Jennifer Ortakales Dawkins/InsiderNaturally, customers like Michelle Rodriguez were stocking up on their cleaning and beauty supplies in preparation for the store's closure. Jennifer Ortakales Dawkins/InsiderEmployees were tight-lipped. Jennifer Ortakales Dawkins/InsiderParents like Krystle Rogers carted their children through the toy section. Jennifer Ortakales Dawkins/InsiderDjeneba Kone used to be one of those kids. Jennifer Ortakales Dawkins/InsiderWhile most of the kids I saw were respectful, that's not to say they don't cause some trouble.

Persons: It's, —, it's, Jennifer Ortakales Dawkins, Michelle Rodriguez, Rodriguez, she's, Let's, Krystle Rogers, She's, she'll, Djeneba Kone, doesn't, I've, that's, seltzer Organizations: Service, East, East Harlem locals, Yankee, Bronx ., Costco, Employees, Starbucks, Walmart Locations: East Harlem, Harlem, Manhattan, Bronx, New Jersey

CNN —One person has died and eight people have been hospitalized after an outbreak of botulism in a restaurant in the French city of Bordeaux, according to a statement from France’s public health body on Wednesday. It is thought that the diners ate sardines in a home-made oil preserve, which was contaminated with botulism bacteria. They all dined at the Tchin Tchin wine bar from September 4 to September 10, Public Health France said. France’s public health agency has warned anyone who visited the restaurant and has shown any symptoms of botulism to immediately seek medical help. CNN has reached out to the Bordeaux prosecutor and Tchin Tchin wine bar for comment.

Persons: It’s, Clostridium, Thierry Touzet, ” Touzet, ” Organizations: CNN, Public Health, BFMTV Locations: French, Bordeaux, Public Health France, Gironde, France

☆ The Best Electric Razors for Women for a Smooth Finish
▼ + stars: | 2023-09-12 | by ( Abbie Kozolchyk | ) www.wsj.com time to read: +10 min

Buyers are increasingly going electric—some because electric shavers lead to far less landfill waste than disposable versions you’d replace daily or weekly. The back of the leg calls for pivoting heads, too, says Dr. Sarkar. “Many electric shavers have Lithium-ion batteries,” notes Dr. Sarkar—so carry-on would be your only option. Epilators, which do remove hair this way, sometimes get misclassified as electric shavers. So if you’re looking for something that will literally uproot your hair, electric shavers aren’t right for the job—but epilators are.

Persons: Abbie Kozolchyk, shaver, ”, Ava Shamban, who’s, Braun, Gentle Trimmer, Newton, Papri Sarkar, trimmer, Joshua Zeichner, Sarkar, Remington shaver, “, There’s, don’t, Melissa Dezarate, groomer, Mary Lupo, M.D, Zeichner, you’re, Shamban, you’ll Organizations: Gillette, AA, Mount Sinai, AAA Locations: TikTok, Beverly Hills, Santa Monica, Calif, Germany, Mount, New York City, New Orleans

☆ 4 side hustles you can do with no experience: Make as much as $1,000/month in passive income
▼ + stars: | 2023-09-07 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Nearly two fifths of Americans, 39% have a side hustle, according to an April 2023 Bankrate survey of 2,505 U.S. adults. Here are four side hustles you can do with no experience. Find house sitting gigs on sites like Rover, TrusterHousesitters and Care.com or offer your services in local groups on sites like Facebook and Nextdoor. "They wanted me to do a video survey," she says. Try signing up to take surveys and do focus groups on sites like Mindswarms, Find Focus Groups, Respondent or Fieldwork.

Persons: Latasha Peterson, Peterson, Julie Berninger Organizations: Facebook, PayPal Locations: ShareASale

☆ 8 easy — and cheap — ways to cut your carbon emissions
▼ + stars: | 2023-08-30 | by ( Greg Iacurci | ) www.cnbc.com time to read: +7 min

Here are some easy — and inexpensive or no-cost — ways to reduce your carbon footprint today, according to efficiency and environmental experts. As such, the average household saves about $225 in energy costs per year by switching to LED lighting, the Energy Department said. Cut food wasteErlon Silva - Tri Digital | Moment | Getty ImagesThe average American wastes more than 400 pounds of food a year. A washing machine spends 90% of its energy to heat water, for example, the Consumer Federation of America said. Even putting something like a brick in your toilet tank will displace — and therefore save — water.

Persons: Katharine Hayhoe, Keoleian, Jose Luis Pelaez, Hayhoe, Oscar Wong, Tom Werner, Digitalvision Organizations: Nature Conservancy, Texas Tech University, U.S . Department of Energy, Energy Department, Silva, Tri, Environmental, Agency, Consumer Federation of America, Public, Getty Locations: U.S

☆ Russia has lost more than 2,200 tanks in Ukraine, and it may be reaching the limit of its ability to 'rebuild' older ones
▼ + stars: | 2023-08-21 | by ( David Hambling | ) www.businessinsider.com time to read: +10 min

Russia has lost more than 2,200 main battle tanks since invading Ukraine in February last year. Russian storage depots are deep, but they don't have an unlimited supply of armor to throw into a new fight. In fact, Russia is rebuilding tanks rather than building them, and their capacity to do so may be reaching its limit. Russia has vast stockpiles of old tanks, from T-90s barely 20 years old to rusting T-62s from the 1960s. More importantly, Russia's supply of old tanks for rebuilding is showing signs of running down.

Persons: Alexander Zemlianichenko, Stalin, UVZ, Sergio Miller, Abrams, ANATOLII STEPANOV, Shoigu, Putin's, Dmitry Medvedev, OLGA MALTSEVA, Jakub Janovsky, Medvedev, Nobody, Putin, David Hambling Organizations: Service, Russia, Victory Day, AP, Stalin Ural Tank, British Army, Sierra Army, Omsk Transport Machine Factory, —, Getty, Defence, Moscow Times, Chelyabinsk Tractor Plant, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Russia, Ukraine, Wall, Silicon, AP Russia, Nizhny Tagil, Moscow, Stalin Ural, Doyle , California, Omsk, St Petersburg, Siberia, Venezuela, Vietnam, Nicaragua, Russian, Rostov, Izyum, AFP, OmskTransMash, Laos, St . Petersburg, Buryatia, Mongolia, Urals, USSR, Germany, Kremlin, London

☆ TikTok influencers want to rent you a very cool home. Just don't call them landlords.
▼ + stars: | 2023-08-16 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

While live-in landlords are far from a novel concept, the pandemic-era fever around passive income and real-estate investing has sparked a rise in the popularity of house hacking. While Turner's initial strategy emphasized small multifamily buildings, some house hackers applied the concept to single-family homes. In 2019, he published a book called "The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom." And I think house hacking is one obvious way to eliminate, or at least drastically reduce, what likely is your largest expense." "Yeah, it's called 'house hacking," the owner and roommate, also played by Jarman, who has 4 million followers, replies.

Persons: Kelly Clark, Clark, scoffed, TikTok, Zers, Brandon Turner, Turner, Ryan Lehman, Lehman, Brandon, I'm, Craig Curelop, BiggerPockets who's, Curelop, influencer Addison Jarman, renter, it's, Jarman, Jay Parsons, John Liang, TikToker, Liang, —, It's, doesn't, Insider's Daniel Geiger, she'd, James Rodriguez Organizations: Federal Housing Administration, BiggerPockets, Census, YouTube, RealPage Locations: Spokane , Washington, Silicon, millennials, Seattle, Spokane

☆ What Aya de León Looks For in a Good Thriller
▼ + stars: | 2023-08-10 | by ( ) www.nytimes.com time to read: +2 min

“The God of Good Looks,” by Breanne Mc Ivor. I really wish more authors would write popular fiction about the climate crisis, set in the here and now. Most of what gets called “climate fiction” falls into the category of science fiction/fantasy. Where are the popular books to accompany the building of a popular movement? In my early 20s, a dusty used paperback changed the way I saw spy fiction.

Persons: Christina Sharpe’s, ” Tressie McMillan, ” Elizabeth Acevedo’s, ” Dany Sigwalt’s “, Aurélia Durand, ”, Breanne Mc Ivor, I’ve, Reading ”, Sam Greenlee Organizations: Reading

☆ Japan has millions of cheap abandoned homes. Here's what to know before you buy one.
▼ + stars: | 2023-08-04 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +5 min

With the population in Japan shrinking and Japanese buyers vastly preferring new over used homes, older homes are often abandoned when owners die or younger generations refuse to inherit them. The Japanese government estimated in 2018 that there were nearly 8.5 million abandoned homes in the country. Jaya Thursfield and his wife, Chihiro, moved from London to Japan after buying an abandoned Japanese farmhouse in Ibaraki, a Japanese prefecture about an hour's drive northeast from Tokyo. With many Japanese buyers preferring newly built houses, some homes are demolished after only 20-30 years. And while houses in the US typically appreciate in value, houses in Japan tend to gradually depreciate in value over time.

Persons: Jaya Thursfield, Chihiro, Richard Koo, Koo, Bethany Nakamura, Nakamura, it's Organizations: Service, Privacy, Japan, Japan's Ministry of Land, Transport, Tourism, YouTube, Law, Nomura Research Institute Locations: Wall, Silicon, Japan, Infrastructure, London, Ibaraki, Tokyo, Jaya, America

☆ Imperial Oil spill into lagoon contaminates flock of Canada geese
▼ + stars: | 2023-07-26 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

July 26 (Reuters) - Canada's Imperial Oil (IMO.TO) spilled crude oil into a process-water lagoon at its Mahihkan plant in northern Alberta, contaminating a flock of geese, the Alberta Energy Regulator (AER) said on Wednesday. The spill of around six barrels of oil, which took place on Monday, is the latest environmental lapse by the oil sands company. Earlier this year it emerged that toxic tailings water had been seeping for months from Imperial's Kearl mine, and a second separate leak occurred in February. Twelve Canada geese became smeared with oil after landing on the lagoon, the AER said in an incident report on its website. In the last week a dead frog and two dead minnows were found near the seepage site and were collected for additional testing, Imperial said.

Persons: Lisa Schmidt, Imperial, Schmidt, Nia Williams, Sandra Maler Organizations: Alberta Energy Regulator, Imperial, Thomson Locations: Alberta, Imperial, British Columbia

☆ Luxury homes like Beyoncé and Jay-Z's Malibu estate take a staff of up to 50 to maintain — and could cost owners $1 million a year
▼ + stars: | 2023-07-16 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

"These homes run like a well-oiled machine," Jenny Greenwood Huber, owner and founder of Heritage Estate Management, told Insider. Heritage Estate ManagementHeritage Estate Management provides household staffing and property management services for West Coast estates in places like Beverly Hills and Malibu, where the Carters' new home is located. With a staff of 20, property owners could be paying nearly $5,000 a day — or $1.8 million a year. Heritage Estate Management charges $150 per hour of property management service. Heritage Estate ManagementAccording to Huber, her staff could work 20 hours to 50 hours a month at a single estate.

Persons: Jenny Greenwood Huber, Huber, Beyoncé, Downton, nannies, Jay, housekeepers, Anthony Barcelo Huber Organizations: Service, Heritage Estate Management, Heritage Estate Management Heritage Estate Management, nannies, butlers, Heritage Locations: West, Wall, Silicon, Malibu, West Coast, Beverly Hills, chauffeurs, Los Angeles

☆ Breaking Up With Diet Soda? Here Are 11 Aspartame-Free Alternatives.
▼ + stars: | 2023-07-13 | by ( Melissa Clark | More About Melissa Clark | ) www.nytimes.com time to read: 1 min

The World Health Organization declared Thursday that the artificial sweetener aspartame is “possibly carcinogenic to humans,” adding it to the same risk category as breathing in engine exhaust, working in dry-cleaning and consuming certain pickled vegetables. suggests you’d have to chug quite a bit of diet soda to enter the danger zone. Its new guidance for safe consumption is 40 milligrams of aspartame per kilogram of body weight, meaning that a committed diet-cola fan weighing 150 pounds could drink as many as two dozen cans a day. Still, the news may give the jitters (caffeinated or not) to diet-drink die-hards. If you’re ready to swear off the stuff, or at least moderate your habit, here are 11 aspartame-free alternatives to reach for instead.

Organizations: World Health Organization

CNN —Construction workers have unearthed a white marble head in the historic center of Rome, the city’s mayor has revealed on social media. It said that the head was found on the eastern side of the area currently being worked on. “The newly found head, of elegant craftsmanship, sculpted in Greek marble, probably belongs to a statue of a female divinity, perhaps Aphrodite, of natural dimensions. He explained that the head was unearthed, intact, in the foundation of a late antique wall. The head was found to be in the foundations of this wall.

Persons: Roberto Gualtieri, Roma, Piazza Augusto Imperatore, ” Gualtieri, Augustus, Aphrodite, ”, Claudio Parisi Presicce, Parisi Presicce, conservators Organizations: CNN, Roma Press, Roma Locations: Rome, Piazza, ”

☆ Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor
▼ + stars: | 2023-07-01 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street furniture displays, transit displays and airport displays. Activist Commentary: Legion is an activist investor whose managing directors are Chris Kiper, previously of Shamrock Activist Value Fund, and Ted White, previously of European activist fund Knight Vinke. Clear Channel effectively has two business lines – Americas and Europe, each with very different business models and valuations. Moreover, since this strategic review of Europe began in December 2021, Clear Channel has announced the sales of businesses in Italy, Spain and Switzerland. CCO first announced its strategic review of the European business in December 2021 and very little has come to fruition.

Persons: Chris Kiper, Ted White, Knight Vinke, Legion, CCO, CCO's underperformance, Ken Squire Organizations: Clear, Value Fund, Legion Partners, Europe, Legion, 13D Locations: U.S, Europe, Americas, iHeartMedia, Italy, Spain, Switzerland, America

☆ Ancient Roman Pantheon to start charging entry from Monday
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +2 min

[1/3] People queue to enter Pantheon, one of the ancient world's best preserved monuments which from July will start charging visitors an entry fee in Rome, Italy, June 30, 2023. REUTERS/Guglielmo MangiapaneROME, June 30 (Reuters) - Visitors to Rome's Pantheon, one of the ancient world's best preserved monuments, will have to pay a 5 euro ($5.45) entrance fee from Monday, Italy's tourism ministry has said. It remains the world's largest unreinforced concrete dome and has a circular skylight at its crown. The building survived the Barbarian attacks on Rome and was transformed into a Christian church in 609. ($1 = 0.9168 euros)Reporting by Cristiano Corvino; Editing by Crispian Balmer and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Guglielmo Mangiapane ROME, Emperor Hadrian, Karsten Kohler, Cristiano Corvino, Crispian Balmer, Angus MacSwan Organizations: REUTERS, UNESCO, Thomson Locations: Rome, Italy

☆ I live in a backyard 'tiny home on wheels' for $725 a month—here's why I'm the happiest I've ever been
▼ + stars: | 2023-06-24 | by ( Jen Gressett | ) www.cnbc.com time to read: +4 min

Today, I live in a 520-square-foot tiny home on wheels that I built for $175,000. I pay $725 a month in housing costs, which covers my parking space (in the backyard of someone's home), internet, water and electricity. Photo: Sean Farney for CNBC Make ItWhen I lived in the bigger house, I'd constantly buy things that I never ended up using. Now I have a 13-gallon kitchen trash can and a 13-gallon recycling bin. Your tiny space can be whatever you want it to be.

Persons: Sean Farney, it's, I'd, Jen Gressett Organizations: CNBC

☆ More than 100 Viking cruise passengers were hit with bouts of vomiting and diarrhea amid a nasty norovirus outbreak onboard
▼ + stars: | 2023-06-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

More than 13% of passengers on board the Viking Neptune this month fell ill with norovirus, the CDC said. The health agency has already logged 13 outbreaks of the contagious virus on cruise ships this year. The Viking Neptune transformed into a cross-continental petri dish as more than 100 passengers onboard the cruise ship fell ill with the highly contagious norovirus this month. Gastrointestinal illnesses have long been frequent guests aboard cruise ships, where cramped quarters allow germs to spread easily, and the highly contagious norovirus is the most notorious cruise ship culprit. In March, more than 300 people on board a Princess Cruise ship fell ill with the virus, and another outbreak hit 177 people traveling on a Celebrity Cruise ship earlier this month.

Persons: Viking Organizations: CDC, Morning, Centers for Disease Control, Viking Cruises, Sanitation Locations: Iceland, New York, Greenland, Canada

☆ Why young workers are posting their before-and-after work routines on Tiktok — and why thousands are watching
▼ + stars: | 2023-06-07 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Content creators are sharing their routines before and after work on TikTok. Kakalecik has more than 16,000 followers on TikTok and is part of a growing number of 9-to-5 workers sharing their daily routines. But it's not just attractive to followers; creators find a sense of purpose when filming content, too. It's also for the content creators themselves. For Barbour, showing up on TikTok reminds him that there is more to life than work.

Persons: —, Jocelyn Kakalecik, swiping, TikTok, it's, Emmanuel Boateng Jr, Boateng, Kakalecik, Cameron Barbour, Barbour, It's, I've Organizations: Service, Productivity Locations: New York City, America

☆ I make $169,000 a year and these are the 7 things I'll keep splurging on even during an economic slump
▼ + stars: | 2023-06-06 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +7 min

Voris earns enough income to pay her bills and have extra money for things she enjoys. She said her video game subscription is one thing she'd never cut back on — even during a recession. Since recessions are uncontrollable, I tend not to stress about the possibility of one, but there are things I'll always spend money on no matter what. Coffee subscriptionI have a coffee subscription to pump me up in the morning. If a recession ever hits and forces me to alter my spending, I'd cut back on things based on its aftermath.

Persons: Elissa Voris, Voris, —, Dolby, it's, I'd, Logan Organizations: Dolby, Service, Costco, Apple, CPA Locations: —, Enumclaw , Washington, Los Angeles, mlogan

☆ How a 39-year-old engineer spends her $169,000 paycheck: Xbox, therapy, coffee, and skincare
▼ + stars: | 2023-06-06 | by ( Vartika Puranik | ) www.businessinsider.com time to read: +7 min

She said her video game subscription is one thing she'd never cut back on — even during a recession. My career kicked off 17 years ago at a Los Angeles startup and I've been working as an engineer ever since. Since recessions are uncontrollable, I tend not to stress about the possibility of one, but there are things I'll always spend money on no matter what. Coffee subscriptionI have a coffee subscription to pump me up in the morning. So I pay $50 a month for my coffee subscription.

Persons: Elissa Voris, Voris, —, Dolby, I'm, it's, I'd, Logan Organizations: Dolby, Service, Costco, Apple, CPA Locations: —, Enumclaw , Washington, Los Angeles, mlogan

☆ The U.S. is giving away 6 lighthouses—here's what it's like to actually own one: 'It's truly a labor of love'
▼ + stars: | 2023-06-06 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

The U.S. is giving away and auctioning off lighthouses across the East Coast and Midwest. The GSA will also sell four lighthouses in Ohio, Connecticut, Michigan and New York in a public auction. But there's a catch: While the lighthouse is free, the new owners will be responsible for the cost of upkeep and maintenance. Warwick Neck Light is located on Narragansett Bay in Rhode Island and is one of the lighthouses being given away for free. Kelly told TIME that there are nonprofits that already maintain some of the lighthouses being offered up this year.

Persons: you've, John Kelly, Kelly, Richard Cucé, Blastco, Cucé Organizations: U.S . General Services Administration, GSA, CNBC, TIME, Istock, Getty, U.S . Navy, U.S, Congress, Historic Lighthouse Locations: East Coast, Midwest, Massachusetts , Connecticut, Maine, Rhode Island, Pennsylvania, Ohio , Connecticut, Michigan, New York, Narragansett, Old Saybrook , Connecticut, Hopper, Chesapeake, Penfield, Fairfield , Connecticut

☆ I went from working on cruise ships to taking more than 20 a year as a guest. Here's my biggest advice to cruise passengers.
▼ + stars: | 2023-05-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

J. Alexander, who used to work for cruise ships, took more than 20 cruises last year. He said his favorite cruise was to Antarctica and that Royal Caribbean is his favorite cruise line. Every cruise line does something better than another cruise line. Treat the cruise crew members with respectOne six-month contract aboard a cruise ship, you will see it all. One time I was working on board a cruise ship and me and the rest of the entertainment went out.

☆ Post-Covid, post-bankruptcy Hertz is all-in on electric, with big implications for the EV, auto and rideshare market
▼ + stars: | 2023-05-14 | by ( Tim Mullaney | ) www.cnbc.com time to read: +5 min

In this article HTZ Follow your favorite stocks CREATE FREE ACCOUNTTesla Model 3 electric vehicles at a Hertz neighborhood location. These deals began to roll out last year, after Hertz's first Teslas hit the road in 2021 and experiments with rental EVs extended back over the past decade. "At the end of [March], we had about 50,000 electric vehicles in our fleet, comprising approximately 10% of total cars," Scherr said. Hertz has also told analysts that the growing EV rideshare market can be a buffer against traditional quarterly peak to trough experienced in the leisure business. The benefits of using an EV begin with a $1 per ride credit to the driver for using an EV, Uber spokeswoman Alix Anfang said.

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