DIRS.INFO The most relevant business & tech news

☆ Ford to halt production of electric F-150 Lightning next month until 2025
▼ + stars: | 2024-10-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022. DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks. The automaker on Thursday confirmed the seven-week shutdown would occur at its Rouge Electric Vehicle Center in suburban Detroit from Nov. 18 until Jan. 6, including previously planned holiday downtime at the end of the year. "We continue to adjust production for an optimal mix of sales growth and profitability," Ford said in an emailed statement. Ford said not all of the workers will be laid off for the entire duration of the downtime.

Persons: Ford Organizations: Ford Rouge Electric Vehicle Center, DETROIT, Ford Motor, Electric Vehicle Center, Automotive News Locations: Detroit, Michigan

☆ A market hedge for those worried neither Trump nor Harris will do anything about the growing fiscal deficit
▼ + stars: | 2024-10-31 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

By contrast, Vice President Kamala Harris's tax plan is expected to increase tax revenues by $1.7 trillion over 10 years, but at a cost of negative 2% to long-run GDP and 786,000 jobs. The Wharton School of the University of Pennsylvania estimates that, including her spending proposals, the primary deficits would increase by $1.2 trillion, and accounting for adverse economic feedback effects, primary deficits increase to $2 trillion. Higher deficits and higher debts, just with different paths to get there. One candidate proposes cutting taxes to improve economic activity but increase deficits, and the other proposes raising taxes and increasing spending by even more and growing deficits. If the deficit keeps increasing faster than our economy grows, so will the debt, inflation, and interest rates.

Persons: We'll, Donald Trump's, Kamala Harris's, Harris, Kamala Harris, Bernie Sanders, Treasuries Organizations: Tax Foundation, Wharton School, University of Pennsylvania, Medicare, Green New Deal, TLT, Treasury Bond ETF, CNBC, NBC UNIVERSAL Locations: United States, Europe

☆ Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
▼ + stars: | 2024-10-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company's subscription services, such as BlueCruise, Pro Intelligence, connectivity and security. Stern is slated to step down from his role at Ford and take the helm of Peloton on Jan. 1. Stern is the third CEO to lead Peloton in its history. "Peter is a seasoned strategist with a track record of driving sustainable growth through innovation, and we have every confidence in his ability to lead Peloton during this important time.

Persons: Peter Stern, Stern, Karen Boone, Chris Bruzzo, Boone, Bruzzo, Peter, Jay Hoag, Barry McCarthy, McCarthy, John Foley Organizations: Ford, Apple, Ford Integrated Services, Pro Intelligence, Interim, Spotify, Netflix

It’s totally contrary to everything we’ve done.”The White House quickly insisted that Biden was not calling Trump's supporters "garbage." Biden's comments offered a welcome distraction for Trump, who had been facing heavy criticism for the Garden event, which was packed with a series of crude and racist comments. A Trump campaign official said they were planning to aggressively use the Biden remark to hit Democrats. The Biden comments also threatened to cloud out a Harris' rally Tuesday night at which she offered her closing argument. On Wednesday, Harris was forced to distance herself from Biden's comments.

Persons: Donald Trump, Joe Biden, Kamala Harris ’, Tony Hinchcliffe, “ Joe Biden, Kamala, ” Trump, Joe, lyin ’ Kamala, ”, Biden, It’s, we’ve, Trump's, Trump, Harris ’, deflate pushback, Nicky Jam, Hilary Clinton, Clinton, Harris Organizations: Trump, Madison, Puerto, Puerto Rico spewed, Trump ., Democratic, U.S . Capitol Locations: Puerto Rico, Rocky Mount, North Carolina, America, Puerto Rican, Puerto, Madison, New York, Allentown , Pennsylvania, Trump . Puerto Rican

Officer Daniel Hodges, of Washington's Metropolitan Police Department, who was on duty both for Trump’s Jan. 6 event and Harris’ rally, said Tuesday was a very different experience. He's since become an outspoken opponent of Trump's, testifying before the Jan. 6 committee and campaigning for Harris. He said he was glad that Harris chose to host a rally at the same spot where Trump told his supporters to march to the Capitol. While Hodges spent Jan. 6 fighting a pro-Trump mob in the lower west tunnel, he didn't see much action in the aftermath of Harris' speech. He incited the crowd to riot while my brother and his fellow officers put their lives at risk,” Sicknick told the crowd.

Persons: Kamala Harris, Donald Trump, Daniel Hodges, Trump’s Jan, Harris ’, “ I’m, Harris, Jan, ” Hodges, Trump's, Trump, ”, Hodges, “, ” Harris, Craig Sicknick, Brian Sicknick, ” Sicknick, Sicknick, “ I’ve, Kamala, ” Craig Sicknick, Brian, Aquilino Gonell, Victor J, Gonell, Brian Sicknick’s, ” Gonell, Brian would’ve, wouldn’t, She'll Organizations: WASHINGTON, Trump, Capitol, Washington's Metropolitan Police Department, NBC News, “, Capitol Police, U.S . Capitol Police, U.S Capitol Police, Democratic National Convention, Bloomberg, Getty Locations: Washington's, U.S, Chicago, American

☆ Harris and Trump's closing arguments and ancient Mayan city discovered: Morning Rundown
▼ + stars: | 2024-10-30 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +7 min

And an ancient Mayan city is discovered beneath the jungle. At a rally yesterday in Allentown, Pennsylvania, a majority-Latino city, Trump called to the lectern Puerto Rico’s Republican shadow senator, who proclaimed, “The people of Puerto Rico trust you.”Read more about Trump’s closing arguments. But what does North Korea stand to gain? But actually, an intensified partnership between Russia and North Korea is a likely boon for Kim Jong Un’s nuclear ambitions. Read All About ItStaff Pick: A vast ancient city is found by accidentAerial lidar surveys reveal ancient settlements in the Campeche region of Mexico.

Persons: Kamala Harris, Donald Trump, Harris, Trump, “, Joe Biden, Tony Hinchcliffe, ” Biden, Biden, ”, Hurley, Bryan Birks, Jessica Hurley’s, ’, Becky Munge, Mikhail Metzel, Kim Jong, Luke Auld, Thomas, — Elizabeth Robinson, Elizabeth Robinson Organizations: Republican, Trump, Trump’s New, Trump’s New York City, Puerto, NBC, Medicaid, NBC News, Getty, Pentagon, Cambridge University Press, Tulane University Locations: Trump’s New York, Allentown , Pennsylvania, Puerto Rico, Springfield , Illinois, North Korea, AFP, Russia, Ukraine, “, Europe, Asia, Kursk, Korea, Campeche, Mexico, New Orleans

Kendra Panteah, 37, pleaded guilty Friday to one count of kidnapping not resulting in death in federal court in Albuquerque, according to court records. Another man, Gilbert John Jr., fatally stabbed the victim, the prosecutor's office said. Panteah said the two other people got out as she drove to Gallup with the man still locked in the trunk, according to the plea agreement. They stopped at Bass Lake, which is where the victim began breaking out of the trunk and John stabbed him repeatedly with a machete, Panteah and prosecutors said. He and Panteah sat on the trunk of the car until the victim stopped moving, according to Panteah's plea agreement.

Persons: Kendra Panteah, Panteah, John Doe, Gilbert John Jr, John, Witch, —, Navajo, Erlinda Johnson, Johnson Organizations: Attorney's, District, Gallup, Navajo Locations: New Mexico, Albuquerque, U.S, Zuni , New Mexico, Witch Wells , Arizona, Bass

At the event, comedian Tony Hinchcliffe called Puerto Rico “a floating island of garbage.” He also made crude, offensive and racist comments about Latinos and Black people. On Tuesday, during a video call for Latino voter outreach, Biden defended the Puerto Rican community and appeared to criticize either Trump supporters or Hinchcliffe. “And just the other day, a speaker at his rally called Puerto Rico a ‘floating island of garbage,’” read the White House transcript. The comments at that rally don’t reflect who we are as a nation,” he wrote. In an interview with Fox News this month, host Bret Baier asked Harris whether she thought Trump supporters were “stupid.”“Oh, God.

Persons: Joe Biden, Donald Trump’s, Tony Hinchcliffe, Biden, “, ” Biden, It’s, we’ve, Andrew Bates, Trump, Hinchcliffe’s, ”, Kamala Harris, ” Harris, Harris, Chris LaCivita, Harris “, Sen, JD Vance, Marco Rubio, Rubio, ” Trump, Hillary Clinton’s, Josh Shapiro, It's, Donald Trump, Bret Baier, Chris Kofinis Organizations: WASHINGTON, Puerto, Trump, Puerto Rico spewed, U.S, Capitol, Democratic Pennsylvania Gov, CNN, Fox News, Democratic Locations: Puerto Rico, Puerto Rican, Madison, Delaware, Puerto, Washington, America, American, Ohio, Allentown , Pennsylvania, Pennsylvania

☆ Former Donald Trump Administration Officials Call Him a ‘Liar’ and ‘Fascist’
▼ + stars: | 2024-10-30 | by ( Michael D. Shear | June Kim | ) www.nytimes.com time to read: +12 min

Once Top Advisers to Trump, They Now Call Him ‘Liar,’ ‘Fascist’ and ‘Unfit’ Many of those who served in former President Donald J. Trump’s administration — especially his generals, ambassadors and other national security officials — have since turned on Mr. Trump. Mr. Trump and those around him rejected the criticism as little more than sour grapes. Mr. Pence ran against Mr. Trump and refused to endorse him. director , said when asked if Mr. Trump would be sentenced to jail time after being convicted of falsifying business records. People who once worked for Mr. Trump at the highest levels now describe him as unintelligent, chaotic, a danger to American democracy and more.

Persons: ’, Donald J, —, Trump, “, Mark Milley, John Kelly, John, Nikki Haley U.N, Rex Tillerson, Mike Pompeo, Trump’s, Bob Woodward, Mr, Woodward, Milley, Kelly, Milley denigrating, Mike Pence, Pence, Kamala Harris, Harris, ’ ” John Kelly, “ Donald Trump, ” James Mattis, ” John, Ill, “ Trump, H.R, ” James Comey F.B.I, ” Rex Tillerson, ” John Kelly White, ” Richard Spencer, it’s, ” Nikki Haley U.N, baselessly, ” Tom, I’ve, ”, Mark Organizations: Trump, ’, Mr, Chiefs, John Bolton, Marine Corps, ” John Bolton, McMaster National, United, ” John Kelly White House, Republican, Capitol Locations: United States, ”, American

Kelley was originally freed pending trial on his Jan. 6 charges but was then re-arrested in an alleged murder plot in December 2022. His defense team did not put forth any witnesses during his trial, and Kelley himself declined to testify. Online, Kelley used an encrypted email with the handle "chaos_continues" to make some of his purchases, Mann testified. Kelley, in a gas mask, at the Capitol on Jan. 6, 2021, according to the FBI. More than 1,500 people have been charged in connection with the Jan. 6 attack on the Capitol, and prosecutors have secured more than 1,100 convictions.

Persons: WASHINGTON, Donald Trump, Edward Kelley, Kelley, Austin Carter, “, Carter, Trump, —, Trump rioter, John Emanuel Banuelos, Jessi Mann, Kelley's sweatshirt, Mann, Colleen Kollar, Eugene Goodman, Goodman, Mike Pence, Patrick C, Holvey Organizations: U.S . Capitol, Federal Bureau of, Planned, Capitol, FBI, Prosecutors, Conservative, ., NBC, USDCDC Prosecutors, U.S, Capitol Police, Electoral Locations: Tennessee, Washington, Kelley's, British

☆ Where Trump's standing with Puerto Rican voters will be put to the test: From the Politics Desk
▼ + stars: | 2024-10-29 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

In today’s edition, national political correspondent Steve Kornacki breaks down the key areas where Donald Trump's standing with Puerto Rican voters will be tested. Where Trump’s support among Puerto Rican voters will be put to the testSteve KornackiDonald Trump’s campaign appearance in Allentown, Pa., this evening comes amid questions over whether the fallout from his Madison Square Garden rally will cost him support among Puerto Rican voters. Allentown is a majority-Hispanic city of 125,000, and about one-quarter of its overall population is of Puerto Rican descent — one of the highest concentrations of Puerto Ricans anywhere in the U.S. Pennsylvania’s polls will close at 8 p.m. EST on Election Night, but we may get a big clue about Trump’s Puerto Rican support before that. Majority-Hispanic Osceola County in Florida, just south of Orlando, is a large county (population about 450,000 — and growing) that’s about one-third Puerto Rican.

Persons: Steve Kornacki, Donald Trump's, Mat Dixon, Steve Kornacki Donald Trump’s, Trump, Kamala Harris, it’s, suburbanites, Matt Dixon “, Donald Trump, Harris, —, Arnold Palmer, Read, Matt → Organizations: NBC, White House, Capitol, Puerto Rican, Trump, Puerto Ricans, U.S, Democratic, Keystone State, Osceola, United Locations: Allentown, Pa, Madison, Puerto, Pennsylvania, Puerto Rican, Reading, Bethlehem, Lebanon, Hazleton, Easton, Puerto Ricans, Keystone, Osceola County, Florida, Orlando, Osceola, what’s, Arizona, Georgia, Michigan, North Carolina, United States

Much of Trump's closing message is focused on illegal immigration, one of the centerpieces of his campaign. The interview, which was widely hyped by Trump and his supporters, was a snapshot of his, at best, untraditional attempt at a campaign closing message and, at worst, his tendency to step on his own policy pushes. The discipline of the Harris campaign contrasts with that of Trump, whose late-cycle rallies have maintained the sort of rambling, unfocused structure he has long been known for. That dynamic can be seen even in his final speeches as Trump tries to close out his third presidential campaign. “This joke does not reflect the views of President Trump or the campaign,” Danielle Alvarez, a senior adviser, said in a statement shortly after the joke was made.

Persons: Donald Trump, Trump, Kamala Harris, Harris, it's, — Trump, —, Arnold Palmer, ”, Joe Rogan, strongmen, Kim Jong Un, Vladimir Putin, Rogan, Xi Jinping, ” Rogan, Palmer, It's, “ Kamala, Donald J, ” Trump, Danielle Alvarez, Biden, Rick Wilson, ” Wilson, Jan, “ Trump, Tony Hinchcliff, ” Danielle Alvarez Organizations: Trump, United, Social Security, NBC, Republican Party, CNN, Republican, Trump Lincoln Project, “, Washington , D.C, U.S, Capitol, White House, Sunday, Madison, Garden, MSG Locations: Arizona , Michigan, Georgia, North Carolina, United States, Russian, U.S, Latrobe , Pennsylvania, Springfield , Ohio, Congo, Washington ,, Trump, Manhattan, Queens, Puerto Rico, York

☆ Two found guilty of robbing off-duty Secret Service agent at gunpoint after Joe Biden fundraiser
▼ + stars: | 2024-10-29 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Two men have been convicted of robbing an off-duty Secret Service agent at gunpoint after the agent had finished working at a Los Angeles fundraiser that President Joe Biden attended, prosecutors said Monday. Johnson was convicted Monday by a jury in connection with the robbery, found guilty of one felony count of second-degree robbery, one felony count of possession of a firearm by a felon, and two felony enhancements of personal use of a firearm. Meanwhile, E’shon Dwayne Dodson, 21, of Compton, was arrested in Los Angeles on July 17. He was also found guilty by a jury Monday of one felony count of second-degree robbery and one felony enhancement of being armed with a firearm during the commission of a felony. Bell was hospitalized in Los Angeles and was treated for gunshot wounds sustained in the confrontation.

Persons: Joe Biden, Biden, Jamonte Fitzgerald Johnson, Johnson, he’s, He’ll, E’shon Dwayne Dodson, He’s, Bertran Claude Bell, Bell, Todd Spitzer, “, ” Organizations: Democratic, Attorney’s, Tustin, Prosecutors, NBC News, Orange Locations: Los Angeles, Fontana, Tustin , California, Orange County, Riverside, California, San Bernardino, Compton

WASHINGTON — The last time Steve Bannon was a free man, Joe Biden was the presumptive Democratic nominee for president. Randilee Giamusso, a Bureau of Prisons spokesperson, confirmed that Bannon was released. U.S. District Judge Carl Nichols — himself a Trump appointee — ordered Bannon in June to report to prison by July 1. Just days after Bannon reported to prison, Biden announced his decision to drop out of the race, and Harris became the Democratic nominee. Peter Navarro, a former White House official, was also convicted of contempt of Congress and served a four-month sentence, as well.

Persons: WASHINGTON, Steve Bannon, Joe Biden, Bannon, Donald Trump, Kamala Harris, Randilee, Carl Nichols —, —, Trump’s, “, ”, Bannon “, ” Bannon, Trump, Biden, Harris, Peter Navarro Organizations: Democratic, Prisons, of Prisons, U.S, District, Trump, Justice, NBC News, FCI Danbury, White House, Department, Republican National Convention, RNC Locations: United States, Connecticut

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

☆ Why it would be difficult for Trump to reverse the 2024 election results
▼ + stars: | 2024-10-29 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +10 min

But state officials resisted his pressure, judges tossed out his team’s lawsuits, and Pence defied Trump and carried out his constitutional duty to affirm the result of the vote. If Trump sought to challenge the election results, he would have two potential paths to try to overturn the results, and both routes are “long shots,” said Hasen, director of the Safeguarding Democracy Project at UCLA Law School. Given the heightened security risk, some state officials have made plans to scrap public, high-profile ceremonies to certify election results in state capitols. Election officials across the country also have bolstered security at polling places, including expanding police presence and issuing bulletproof vests to election workers. State officials resisted.

Persons: Donald Trump, Kamala Harris, ”, Richard Hasen, Trump, Joe Biden, Mike Pence, Pence, Hasen, Gowri Ramachandran, Wisconsin —, Al Schmidt, Matthew Sanderson, “, Sanderson, Frank Figliuzzi, ” Figliuzzi, —, didn’t, that’s Organizations: U.S . Capitol, UCLA, Count, Trump, Georgia’s, Trump Republicans, UCLA Law School, Elections, Brennan Center for Justice, New York University School of Law, Senate, Electoral, Republican, Electoral College, Washington , D.C, GOP Senators, Capitol, FBI, NBC News, The Department of Homeland Security, United Nations, Assembly Locations: Pennsylvania, Arizona, Wisconsin, Michigan’s Legislature, Washington ,, capitols, Maricopa County , Arizona, Washington

Harris will call on Americans to “turn the page” on the Trump era and present herself as a pragmatist who will put results over party, according to a senior Harris campaign official who requested anonymity. Her campaign aims to invoke Jan. 6 as a way to remind those voters what they don’t like about Trump. President Donald Trump arrives to speak to supporters from the Ellipse near the White House on Jan. 6, 2021. Highlighting Kelly’s remarks about Trump’s authoritarian inclinations helped Harris among those crucial voters, the firm said in a memo, but by less than the economic-focused pitches. Her campaign hopes it will be seen as a hopeful and optimistic address with imagery of the White House behind her.

Persons: WASHINGTON — Kamala Harris, Donald Trump, Harris, —, Joe Biden, Trump, Biden’s unprecedentedly, Biden, Liz Cheney, Adam Kinzinger, John Kelly’s, “, ” Kelly, Adolf Hitler, Brendan Smialowski Organizations: Capitol, White, —, Biden, Trump, Trump Republicans, Getty, Madison, Democratic, Social Security, White House Locations: AFP, New York City

☆ Man found guilty of killing 4 relatives, pregnant woman during fight about staying out late when he was a teen
▼ + stars: | 2024-10-29 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

INDIANAPOLIS — An Indianapolis man was convicted of murder Friday in the shooting deaths of five people, including family members and a pregnant woman who was nearly due to give birth, prosecutors said. A jury deliberated about three hours before finding Raymond Childs III guilty of six counts of murder in the killings, the Marion County Prosecutor’s Office said. Childs, 21, was arrested a day after the January 2021 shooting inside an Indianapolis home. The attack killed Childs’ father, Raymond Childs Jr., 42; his stepmother, Kezzie Childs, 42; the couple’s daughter, Rita Childs, 13; son Elijah Childs, 18; and Elijah’s 19-year-old girlfriend, Kiara Hawkins, who died at a hospital along with her unborn son. Marion County Prosecutor Ryan Mears during a press conference, in downtown Indianapolis, on Jan. 28, 2021.

Persons: Raymond Childs III, Childs, Childs ’, Raymond Childs Jr, Kezzie Childs, Rita Childs, Elijah Childs, Kiara Hawkins, Ryan Mears, Mears, Raymond Ronald Lee Childs III, Jan, Grace Hollars, Prosecutors, ”, ” Mears, “, ” Childs Organizations: INDIANAPOLIS, Prosecutor’s Locations: An Indianapolis, Marion, Indianapolis

☆ Harris will offer an alternative to Trump-era politics in closing argument speech
▼ + stars: | 2024-10-29 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Democratic presidential nominee U.S. Vice President Kamala Harris walks to board Air Force Two to depart for Michigan, at Joint Base Andrews, Maryland, U.S. October 28, 2024. Vice President Kamala Harris will make her closing argument to voters Tuesday evening at a Washington rally that is expected to draw as many as 20,000 supporters to the National Mall. Harris will draw contrasts between herself and Trump, and encourage voters to turn the page on the era of American politics that Trump ushered in. In turn, Harris has worked to paint herself as the non-incumbent candidate who represents a new generation of American leadership — though that is a delicate balance given her current role in the Biden administration. Most visibly, former Vice President Dick Cheney and his daughter, former Rep. Liz Cheney.

Persons: Kamala Harris, Harris, Donald Trump, Trump, Biden, Joe Biden, Taylor Swift, Dick Cheney, Liz Cheney Organizations: Democratic, U.S, Air Force, Joint Base Andrews, White, Republican, NBC News, National Park Service, Republicans Locations: Michigan, Joint Base Andrews , Maryland, U.S, Washington

☆ Chipotle Mexican Grill is about to report earnings. Here's what to expect
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024. Chipotle Mexican Grill is set to report its third-quarter earnings after the bell on Tuesday. Despite the unexpected executive shuffle, Wall Street is confident Chipotle can maintain its winning streak — at least in the near term. Analysts expect the company will report same-store sales growth of 6.3%, according to StreetAccount estimates. For the full year, Chipotle is projecting same-store sales will grow by a mid- to high-single-digit percentage.

Persons: LSEG, Brian Niccol, Scott Boatwright, Chipotle, Niccol Locations: New York

☆ Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says
▼ + stars: | 2024-10-29 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Mortgage rates will remain above 6% throughout 2025, Goldman Sachs said. In the bank's 2025 Housing Outlook, the analysts forecast mortgage rates will remain elevated, even as the Federal Reserve cuts interest rates. They expect mortgage rates to stay above 6% next year and end 2025 at 6.1%. "Our strategists expect mortgage rates to remain elevated for the foreseeable future," the analysts, led by Jan Hatzius, said in a Monday note. AdvertisementThey pointed to a variety of technical factors, including lower rates volatility and a rebound in demand for mortgage-backed securities that will help close the gap between risk-free rates and mortgage rates.

Persons: Goldman Sachs, —, Freddie Mac, Jan Hatzius Organizations: Analysts, Service, Federal Reserve, Treasury

☆ Alphabet's two pillars of growth stand tall in the latest quarter. But we're not ready to act
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

However, on "Mad Money" following the release, Jim said Alphabet delivered an "unambiguously great quarter." Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Revenue for the Google Search, YouTube ads, and Google Network line items totaled $65.85 billion. That was up more than 10% from the year-ago quarter, though it was a slower growth rate than in the second quarter. The company exited the quarter with $93.23 billion in cash, cash equivalents, and marketable securities on its balance sheet.

Persons: It's, Jim Cramer, Jim, it's, Sundar Pichai, We're, Waymo, Anat Ashkenazi, Pichai, Jim Cramer's, Justin Sullivan Organizations: Google, U.S, European, Justice Department, Big Tech, Nvidia, YouTube, Microsoft, Revenue, Google Services, Walmart, Dallas Fort, CNBC Locations: U.S, Dallas, Dallas Fort Worth, Mountain View , California

Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.

Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, ”, Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, “, OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, ”, Nord, Ukraine, Hurricane, America, ife, Abo, TIR

☆ Harris Is Trying to Win Voters by Laying Out the Alternative
▼ + stars: | 2024-10-29 | by ( Matthew Cullen | More About Matthew Cullen | ) www.nytimes.com time to read: +1 min

She is expected to cast the former president as an aspiring dictator, a message her campaign believes is breaking through. That argument has become the core of Harris’s pitch to voters, my colleague Erica Green, who has been reporting on the vice president for months, told me. “The Harris campaign is not one that’s driven by policy or even by enthusiasm,” Erica said. From the start, her energetic campaign “highlighted how much of an underwhelming fog Democrats were in under President Biden,” Erica told me. And unlike Hillary Clinton, Harris rarely mentions the fact that she would be the first woman to be president.

Persons: Kamala Harris, Donald Trump, Harris, Trump, Erica Green, ” Erica, Biden, Hillary Clinton Organizations: White, Capitol, Democratic

☆ PayPal drops more than 6% premarket on revenue miss
▼ + stars: | 2024-10-29 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. PayPal reported net income of $1.01 billion, or 99 cents per share, compared to $1.02 billion, or 93 cents per share, a year earlier. "PayPal delivered strong financial and operating results during a highly productive third quarter," Chriss said in the earnings release. PayPal reported total active accounts of 432 million, up 1% from a year earlier, and beating the average estimate of 430.5 million.

Persons: Alex Chriss, Chriss Organizations: PayPal, LSEG, Meta Locations: San Jose , California, Braintree

Search resuls for: "Jan"

25 mentions found