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Facebook wants to win back Gen Z users by transforming itself into more of a tool for young people to navigate adulthood better. The social media platform announced a redesign last week that caters to what execs believe younger people want to see more of. But Meta, the parent company of Facebook, noticed that young adults active on the platform tend to use its community-centric features like Facebook Marketplace and groups. “One is just: What do young people want — particularly young adults, Gen Z, ages 18 through 29 — from a social app these days? “Nearly all Facebook users are telling us they’re there to keep up with friends and family.

Persons: Tom Alison, Gen, ” Alison, Colleen McClain, “ Young, ” McClain, Zers, ”, Cami Thorstenson, Thorstenson, She’s, Erin Carter, —, ” Gabrielle McKay, Meta, “, it’s Organizations: Facebook, ” Banking, Pew Research Center, New Locations: Minneapolis, North Carolina, New York, New York City

☆ Ina Garten left a White House job to pursue a cooking career—how the ‘crazy risk’ turned her into a millionaire
▼ + stars: | 2024-10-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

In her 20s, Garten worked in the White House for Presidents Gerald Ford and Jimmy Carter writing policies for the nuclear energy budget. Garten had no idea that her next chapter was waiting 300 miles away — in a tiny 400-square-foot food shop in Long Island, New York. Garten thought she might be happier working in the food business over politics, as cooking was her passion. Compared to her stifling government job, Garten thought the food business could offer a greater sense of freedom and creativity. The following weekend, Garten and her husband Jeffrey drove out to New York and bought the shop for $20,000.

Persons: Ina Garten, didn't, Garten, Gerald Ford, Jimmy Carter, —, Julia Child's, Jeffrey Organizations: White, Management, New York Times, Barefoot, Hamptons Locations: Garten, Long Island , New York, New York

☆ A Tesla fan experiences the Cybercab for the first time — it's a smooth ride but he wouldn't necessarily buy one
▼ + stars: | 2024-10-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Tesla fan and attendee Matthew Donegan-Ryan rode in the new Cybercab. Tesla fan and investor Matthew Donegan-Ryan attended the glitzy launch on a film lot at the Warner Bros. @_SFTahoe pic.twitter.com/0Xoubi9hY4 — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024The Cybercab, Tesla's first robotaxi, was revealed alongside a 20-person Robovan. pic.twitter.com/iUD0aKThZa — Matthew Donegan-Ryan (@MatthewDR) October 11, 2024Donegan-Ryan was also surprised by how few cameras the Cybercab had. The Cybercab bears a stylistic resemblance to another Tesla vehicle, the Cybertruck, and Donegan-Ryan said that similarity was particularly apparent in person.

Persons: Elon Musk, Tesla, Matthew Donegan, Ryan, —, robotaxi, 0Xoubi9hY4 — Matthew Donegan, Tesla's, Uber, Cybercab, Donegan, iUD0aKThZa — Matthew Donegan, Franz von Holzhausen, Lars Moravy —, wouldn't, Musk, they're, Dan Ives Organizations: Service, Warner Bros ., Warner Bros, BI, Tesla Staff Locations: Burbank , California

“Piers Morgan’s irresponsible broadcast filled with lies is so far over the line that a legal ultimatum was warranted,” Jordan Siev, one of Jay-Z’s lawyers, said Friday. Combs was arrested last month and will stand trial in May on charges of sex trafficking, racketeering and transportation to engage in prostitution. He has denied the allegations and remains jailed in Brooklyn pending a bail appeal. Speculation swirls around prominent figures who may have been involved or were aware of Combs’ alleged behavior. “I think those people get away with thinking that saying sorry is going to unring the bell,” Carson said.

Persons: Jay, Z, ”, Piers Morgan, Sean “ Diddy ” Combs, “ Piers Morgan’s, ” Jordan Siev, “, ” Morgan, Jaguar Wright, Morgan, Combs, ” Jay, Alex Livesey, Wright, Shawn Carter, ” Wright, there’s, ” Carson, they’re Organizations: YouTube, Champions League, Danehouse, Bad Boy Records, University of Virginia Locations: London, Instagram, Brooklyn, Carson

☆ IBM shares are the most stretched in 20 years so it may be time to sell, says Carter Worth
▼ + stars: | 2024-10-11 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +1 min

IBM is up twice as much as the market the past 12 months (and, per chance, twice as much as the S & P 500 Technology Sector and the NASDAQ 100 Index). And those engaged in the business of short selling, IBM is judged to be a good candidate. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Carter Braxton Worth Organizations: Business Machines, IBM, Technology, NASDAQ, –, CNBC, NBC UNIVERSAL

☆ Don't hold your breath waiting for a Tesla robotaxi
▼ + stars: | 2024-10-11 | by ( Shubhangi Goel | Tom Carter | ) www.businessinsider.com time to read: +5 min

Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.

Persons: Tesla's, Cruise, —, Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California

☆ Ex-Waymo CEO is not impressed by Tesla's Robotaxi
▼ + stars: | 2024-10-11 | by ( Lauren Edmonds | Tom Carter | ) www.businessinsider.com time to read: +5 min

Waymo's ex-CEO said Tesla isn't "serious about building a safe and accessible Robotaxi business." AdvertisementIt seems former Waymo CEO John Krafcik was unimpressed by Tesla CEO Elon Musk's much-hyped "We, Robot" event. Alongside the Robotaxi, Tesla also showed off a 20-passenger Robovan and its Optimus humanoid robots. He added: "If a company were serious about building a safe and accessible Robotaxi business, it would look nothing like what was shown, or said, last night." AdvertisementMusk teased Tesla Robotaxis in 2019.

Persons: Tesla, Waymo's, Elon, —, John Krafcik, Elon Musk's, Musk, Krafcik, Tesla's Robovan, Donald Trump, Phil Koopman, Horacio Villalobos, Morgan Stanley, Gene Munster Organizations: Service, Warner Bros, Fifth, Business, Deepwater Asset Management Locations: Burbank , California

☆ Optimus robots danced on a lit-up stage and served drinks at Tesla's robotaxi event
▼ + stars: | 2024-10-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Tesla's humanoid robot Optimus took a starring role at the company's Hollywood robotaxi event. The robots served drinks for attendees, posed for selfies, and even danced on a stage. AdvertisementElon Musk may have unveiled the robotaxi on a Hollywood set on Thursday night — but it was Tesla's Optimus robots that had the starring role. Tesla has previously released videos of the Optimus robot performing yoga stretches, picking up an egg, and squatting. AdvertisementAt the event, Musk said he expects the Optimus robot to cost $20,000 to $30,000 in the long term.

Persons: Optimus, Elon Musk, Tesla, —, Elon, Musk, Matthew Donegan, Ryan Organizations: Hollywood, Service, Warner Bros, Optimus, selfies Locations: Los Angeles

☆ Judge sets trial date in Sean ‘Diddy’ Combs racketeering and sex trafficking case
▼ + stars: | 2024-10-10 | by ( Kara Scannell | ) edition.cnn.com time to read: +1 min

CNN —Musician and producer Sean “Diddy” Combs, who is charged with racketeering conspiracy, sex trafficking and transportation to engage in prostitution, will go to trial in May 2025. The judge in Combs’ federal case set a trial date for May 5, 2025 at a court hearing in New York on Thursday. Combs’ attorney Marc Agnifilo said they will put on a defense case that would likely take one week. Combs’ court appearance on Thursday was his third since his arrest and his first in front of Judge Arun Subramanian, a Biden-nominated jurist who has been on the bench since last year. Combs’ lawyers have said they want to go to trial quickly since he was twice denied bail.

Persons: Sean “ Diddy ” Combs, Combs, Emily Johnson, Marc Agnifilo, Arun Subramanian, Biden, Andrew Carter, Carter, Elizabeth Wagmeister Organizations: CNN, Brooklyn’s Metropolitan Detention Locations: Combs ’, New York, Brooklyn’s

☆ Sean ‘Diddy’ Combs spending his time in jail preparing for his case and visiting family, source says
▼ + stars: | 2024-10-10 | by ( Elizabeth Wagmeister | Kara Scannell | ) edition.cnn.com time to read: +4 min

CNN —Sean “Diddy” Combs has spent his three weeks in jail speaking with his defense attorneys, preparing for his case and receiving visiting from his family, a source close to the music producer told CNN. In a letter to Judge Arun Subramanian, Combs’ attorneys said on Wednesday that they intend to request a trial date in April or May 2025. Following the release of the video, Combs apologized. The motion filed by Combs’ attorneys also alleges that authorities alerted the media about the searches in March of his homes in Los Angeles and Miami. Combs’ attorneys said they want the judge to order the government to immediately produce the materials seized over six months ago.

Persons: Sean “ Diddy ” Combs, “, Combs, He’s, Arun Subramanian, Cassie Ventura, Ventura, ” Combs, HSI, Subramanian, Biden, Andrew Carter, Carter, Obama, ” Organizations: CNN, Brooklyn’s Metropolitan Detention Center, Prosecutors, of New, Department of Homeland Security, Homeland Security Investigations, HSI New, US, Southern, of, DHS Locations: Brooklyn’s, Southern, of New York, Los Angeles, Miami, HSI New York

☆ It's World Mental Health Day: 10 quotes from James Baldwin, Mariska Hargitay and more to help you find inspiration and joy
▼ + stars: | 2024-10-10 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

For World Mental Health Day 2024, which is Oct. 10th, we've compiled quotes from advocates, experts and authors who've discussed mental health over the past six decades. Here are 10 quotes that speak to the challenges of mental health and the tools you can use to improve your own. - Rosalynn Carter, said at a mental health symposium (2003)Ask for help when you need it"Healing takes time, and asking for help is a courageous step." - Molly Burrets, a licensed clinical psychologist, told CNBC Make It (2024)Be kind to yourself"Talk to yourself like you would to someone you love." - Floyd "Ski" Chilton, author of "There is Another Way to Happiness," told CNBC Make It (2024)Remain hopeful

Persons: we've, who've, James Baldwin, Sam Carr, Rosalynn Carter, Toni Morrison, Angelou, Molly Burrets, Brown Organizations: Life, CNBC, Yorker

The political arm of Everytown for Gun Safety plans to spend $9 million to boost Democratic candidates in state legislative contests in five states, the group's first investment in such races this election cycle. “So much of the national progress we’ve made on gun safety can be traced back to pioneering laws passed at the state level,” Everytown for Gun Safety President John Feinblatt said in a statement. “Over the last few election cycles, Everytown has built a winning playbook for electing gun sense champions in key state legislative seats in order to flip chambers and pass life-saving legislation,” he added. The States Project, a Democratic-aligned group, plans to spend $70 million on state legislative races in nine states this cycle, while Forward Majority, a Democratic super PAC, plans to spend $45 million. The Democratic Legislative Campaign Committee is aiming to spending $60 million on such races, while the Democratic National Committee and the American Civil Liberties Union are also pumping money into those contests.

Persons: we’ve, John Feinblatt, we’re, Everytown, Republican Pamela Carter, Ron Robinson, Democrat Nate Shannon, Julie Greene, Republican Owen Michaelson Organizations: Gun Safety, Democratic, NBC News, Senate, Republican, Democrat, States, PAC, Democratic Legislative, Democratic National Committee, American Civil Liberties Union Locations: House, Arizona , Michigan, Minnesota , New Hampshire, Pennsylvania, ”, Arizona, Phoenix, Michigan, Detroit, Minnesota, Minneapolis, Democratic

☆ Elon Musk's Las Vegas tunnel system has a trespassing problem
▼ + stars: | 2024-10-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Elon Musk's Las Vegas tunnel network has faced at least 67 trespassing incidents since 2022. Musk's Boring Company wants to expand its Vegas network to create a 68-mile loop. AdvertisementElon Musk's Las Vegas tunnel network has a trespassing problem. Related storiesThe Boring Company's Las Vegas tunnel opened in 2021. The Boring Company and Las Vegas Convention and Visitors Authority did not respond to a request for comment, sent outside normal working hours.

Persons: Elon, —, Musk's, Boring, Elon Musk Organizations: Musk's Boring Company, Service, Las Vegas Convention, Fortune, Visitors Authority, Elon, Boring Company, Boring Locations: Las Vegas, Teslas

☆ Use these 2 words to help successfully negotiate your next raise: 'Curious people make more money'
▼ + stars: | 2024-10-09 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

Salary negotiation advice tends to focus on leaning in, presenting evidence of your competence, and emphasizing that what you want is not only reasonable, but earned. All of this is sound guidance, but doesn't touch on what might be the most effective skill for upping your salary: asking questions. In her recent TED Talk, United Nations negotiation trainer Alex Carter says this is the "one negotiation technique that most of us are not using." "Bottom line, in negotiation you get more by asking questions than you do by arguing," Carter says. "Curious people make more money."

Persons: Alex Carter, Carter Organizations: Workers Locations: Nations

It’s not unusual for the Federal Emergency Management Agency to have to respond to rumors surrounding any given natural disaster. This week, President Joe Biden requested a memorandum from his team on the federal government’s digital response, including how officials were remediating misinformation, a senior administration official told CNN. “The contours of this misinformation are unlike anything we’ve seen before,” a senior administration official told CNN. CNN previously reported that there were 30 midair near-collisions involving noncommercial flights in the immediate aftermath of Hurricane Helene on Saturday, September 28. FEMA personnel on the ground receive threatsThe snowballing of false information on the heels of Hurricane Helene has also directly affected those on the ground.

Persons: Hurricane Helene, Elon Musk, Donald Trump, It’s, Joe Biden, Hurricane Milton, Biden, Trump, we’ve, ”, “, Pete Buttigieg, CNN’s John Berman, ” Buttigieg, Musk, Buttigieg, “ We’re, Helene, Chuck Edwards, ” Edwards, Steve Reaves, ” Reaves, Reaves, Sandy, Maria, Alejandro Mayorkas, ” Mayorkas, ” John Cohen Organizations: CNN, Biden, White, Federal Emergency Management Agency, Hurricane, Federal Aviation Administration, FAA, Department of Transportation, Twitter, SpaceX, Trump, FEMA, North Carolina Division of Aviation, Asheville Regional Airport, GOP, Republicans, House Homeland Security, Congress, American Federation of Government Employees, Homeland, Wednesday, DHS Locations: Hurricane, Florida, it’s, North Carolina, Asheville, Rutherford, Western North Carolina, Fort Worth , Texas, Carter County , Tennessee

☆ Trump-allied Georgia election board wants 2020 election deniers to monitor Atlanta-area voting
▼ + stars: | 2024-10-08 | by ( Nick Valencia | Jason Morris | ) edition.cnn.com time to read: +5 min

Fulton County, meanwhile, has sued the board, objecting to the push to force it to use election deniers as monitors. “The State Election Board has no statutory authority to force the Fulton County BRE [Board of Registration and Elections] to accept, and Fulton County to pay for, election monitors hand-picked by the State Election Board,” the lawsuit states. But GOP members of the state-election board told CNN neither Germany nor the Carter Center should be allowed to be a monitor because of bias. Fellow election board Republican Janelle King alleged that Fulton County is operating in bad faith. There is no date scheduled for the next election board meeting, and Tuesday was expected to be the final one before the November 5 election.

Persons: Donald Trump, Joe Biden’s, Janice Johnston, “, Ryan Germany, Jimmy Carter’s, Carter, Johnston, that’s, ” “, ” Johnston, Heather Honey, Frank Ryan, Trump, Fulton, general, Chris Carr, Janelle King, ” King, “ I’ve Organizations: Atlanta CNN, Democratic, GOP, CNN, Registration, State, The Carter Center, Carter, ACLU, Republican, Trump Locations: Georgia, Fulton County, Fulton, Germany

☆ Elon Musk says he may face 'vengeance' for backing Trump if he loses
▼ + stars: | 2024-10-08 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Elon Musk told Tucker Carlson he might face "vengeance" if Trump loses the Presidential election. The Tesla CEO has become an outspoken supporter of Trump, setting up a super PAC and speaking at his rally. He also doubled down on a deleted X post questioning why no one had tried to kill VP Kamala Harris. The Tesla CEO told former Fox News host Tucker Carlson that he might face "vengeance" if Vice President Kamala Harris triumphs in the presidential election. AdvertisementMusk deleted the initial X post, which the White House criticized, claiming that users on the platform did not understand his sense of humor.

Persons: Elon Musk, Tucker Carlson, Kamala Harris, —, Elon, Donald Trump's, Trump, Harris, Joe Biden, Kamala, Biden, Carlson Organizations: Trump, Service, Fox News, Department of Government, Biden, White Locations: Butler , Pennsylvania

Tax-loss harvesting is a common year-end method used by investors and money managers to minimize taxes. The practice involves selling off losing positions to offset taxes on realized capital gains incurred on winning investments. To find the names worth selling, CNBC Pro used its stock-screening tool to hunt for names with a market cap exceeding $1 billion. The cloud platform company's stock has lost roughly 57% this year, with the average price target implying that shares could fall about 18%. Back in August, he slashed his price target to $5.50 from $8.50, noting that Fastly took "a meat cleaver to CY24 outlook."

Persons: Davidson, Rudy Kessinger, Fastly, cleaver, Carter's, Kennedy, Wilson, Platt Organizations: CNBC Pro, Arbor Realty Trust, Leggett Locations: Fastly

☆ Calvin Buari served 22 years for two murders he didn’t commit. He says prison saved his life
▼ + stars: | 2024-10-06 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Calvin Buari with podcaster and former journalist Steve Fishman in a photo taken after Buari's release. He began selling drugs as a teenager so he could buy a pair of Air JordansBuari was a savvy — and flashy — drug dealer. His flamboyant role as a drug dealer made him unsympathetic and an easy target for a conviction, he says. And now, prison was no longer my destiny.”Seven years later, he’s on a path to redemptionSince his release from prison, Buari has been a busy man. Part of that involves thinking about the lives and neighborhoods he destroyed as a drug dealer, he says.

Persons: CNN — Calvin Buari, he’d, Buari, Uber, ” —, “, …, BMW Buari, New York City —, ”, Steve Fishman, Fishman, he’s, Calvin Buari, Exonerations, Jordans Buari, Rudy Giuliani, ” Buari, “ ‘ Young, Elijah, Salhaddin Harris, Prosecutors, Edward Keating, Myron Beldock, Beldock, Rubin “, ” Carter, —, Oscar Michelen, who’d, “ I’ll, He’s, He's, ” Fishman, Michelen, … I’m, It’s Organizations: CNN, Volkswagen Jetta, Green, Green Haven Correctional Facility, Service, VW, BMW, fedora, “, Cal, National Registry, Statistics, Fila, Air, East 213th St, Supreme, Green Haven Correctional, The New York Times, Central, New York Locations: Green Haven, Stormville , New York, Bronx, New York City, Versace, East, New York, Texas, Houston, Houston , Texas, New, New Jersey

☆ Supreme Court returns to work with an eye on a post-election storm
▼ + stars: | 2024-10-06 | by ( John Fritze | ) edition.cnn.com time to read: +8 min

And Trump is all but guaranteed to resurface at the Supreme Court in coming weeks to clarify the sweeping criminal immunity the court bestowed on him in July. “As matters stand now, this feels like the court is keeping its powder dry in case the election explodes,” Carter Phillips, a veteran Supreme Court litigator, told CNN early last week. A poll released by the Annenberg Public Policy Center on Wednesday found 56% of Americans disapprove of the Supreme Court. Take, for instance, Trump’s ban on travel from predominately Muslim nations, which made repeat trips to the Supreme Court. The Supreme Court has already dipped into next month’s election in a few emergency cases, two of which involved third-party candidates trying to remain on state presidential ballots.

Persons: Kamala Harris, Donald Trump, Trump, ” Carter Phillips, litigator, Biden, Roe, Wade, –, John Roberts, “, ” Lisa Blatt, Roberts, William Rehnquist, Gore, George W, Bush, Sandra Day O’Connor, ” David Cole, it’s, Ketanji Brown Jackson, ” Organizations: CNN, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Trump, Annenberg Public, Center, New York Times, Federalist, Chief, ACLU, Georgetown Law, Republican, Democratic, “, Supreme, Human, Department, CBS News Locations: Louisiana, Texas, Mexico, Bush, Tennessee

The nation is finally beginning to see that “country music is for everyone,” and Mickey Guyton loves it. Guyton, 41, has been a trailblazer in country music for years: In 2021, she became the first Black woman to co-host the Academy of Country Music Awards and the first Black woman solo artist to be nominated for a Grammy in a country music category. “Country music is a very universal music about life, and we’re all living, right? Beyoncé’s “Cowboy Carter” will compete for best country album at the Grammys, according to The Hollywood Reporter. “But there’s one thing you can’t stop: It’s the amount of people that are singing country music.

Persons: Mickey Guyton, Guyton, she’s, ” Guyton, Anthropologie, George Floyd, She’s, ”, Breonna Taylor, Grant Savoy, Grayson Clark, “, Texan Beyoncé, Cowboy Carter, Jada Watson, Beyoncé, Beyoncé’s, Carter ”, it’s, ’ Organizations: Academy of Country, CMT, of, Texan, Nashville, Hollywood, ”, Convention, U.S, NBC News, DNC Locations: New York City, of America, Arlington , Texas, California, It’s

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ Chappell Roan has frustrated fans by canceling shows. PR experts say she made the right call.
▼ + stars: | 2024-10-04 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +17 min

Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.

Persons: Chappell Roan, —, Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman

☆ The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers
▼ + stars: | 2024-10-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

Europe is clamping down on Chinese electric cars. European automakers are facing plunging EV sales and pressure over looming emissions targets. AdvertisementEurope is clamping down on Chinese electric cars — but the move to protect the continent's automakers could create a new problem for the likes of Volkswagen and BMW. The European Union voted to impose sweeping tariffs on Chinese EV makers on Friday as it seeks to protect its automotive industry from what the bloc claims are unfairly subsidized cheap Chinese electric vehicles. The European tariffs come after the US introduced its own trade restrictions against Chinese EVs earlier this year.

Persons: —, Teslas, Elon Musk, Tesla, Viktor Orbán, French carmaker Renault, Luca de Meo, Julia Poliscanova Organizations: EU, Service, Volkswagen, BMW, European Union, SAIC, Benz Group, BMW Group, Mercedes, Benz, VW, French, Reuters, Transport, Environment, Transport & Environment, Business Locations: Europe, China, Paris, Germany, Hungary, Frankfurt, Beijing

☆ It's time to sell utility stocks, which are overbought and expensive, according to Carter Worth
▼ + stars: | 2024-10-04 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +2 min

From time to time in markets, a single area or theme in the market gets "so embraced", "so believed in", "so relied on" that the theme in question becomes "overbought"... "expensive"... "full". Such is the case with the S & P 500 Utilities sector, by our work. The chart below of the Utilities Select Sector SPDR ETF (XLU) since the 2009 Financial Crisis low, tells the tale. At present, XLU is as "overbought" and "expensive" as at any time since the 2009 low. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com .

Persons: Carter Braxton Worth Organizations: Utilities, —, CNBC, NBC UNIVERSAL

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