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☆ Harris vs. Trump: Auto insiders weigh in on both candidates, top issues
▼ + stars: | 2024-10-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

Electric vehicles, trade, tariffs, China, emissions regulations and labor are among the top issues automakers are monitoring, according to industry executives and policy experts. Harris vs. TrumpOfficials expect a Harris victory to be a continuation, but not a copy, of the past four years under Biden. Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Republicans, led by Trump, have largely condemned EVs, saying that they are being forced upon consumers and that they will ruin the U.S. automotive industry. LaborOf the many issues regarding the automotive industry, officials who spoke to CNBC were nearly unanimous regarding labor: They're concerned a Harris win would continue to mean increased power for organized labor.

Persons: Bill Pugliano, Kamala Harris, Donald Trump, Joe Biden, Harris, Jefferies, Philippe Houchois, Biden, Shawn Fain, Drew Angerer, Brian Snyder, —, Elon Musk's, Trump, Pablo Di Si, EVs, Harris hasn't, Peter Rawlinson, Rawlinson, That's, Trump's, USMCA, Mary Barra, hasn't, Fain Organizations: Ford, Ford Dearborn Plant, Getty, DETROIT, Motor, Great, Trump, CNBC, Trump Officials, United Auto Workers, Democratic, International Union of Painters, AFP, Republican, Reuters, Motors, Ford Motor, Chrysler, EV, Lucid, Tesla, California Air Resources, D.C, District of Columbia, Alliance for Automotive Innovation, U.S . Officials, IRA Electric, Volkswagen Group of America, Automotive, Republicans, Environmental Protection Agency, . North, North American Free Trade, Jefferies, Labor, Democratic National Convention, UAW Locations: Dearborn , Michigan, Michigan, Motor City, Great Lakes State, China, Macomb , Michigan, California, Hamtramck , Michigan, U.S, Detroit, Washington , Oregon, New York, Washington, . North American, United States, Mexico, Canada, American

☆ Israel’s strikes on Iran shattered a forty-year taboo. Tehran may now be forced to rethink its defense strategy
▼ + stars: | 2024-10-29 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.

Persons: CNN —, Israel, Israel didn’t, “, ”, Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr

☆ CNBC Daily Open: Stocks are entering the hottest period of the year
▼ + stars: | 2024-10-29 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Trump accuses Taiwan of stealing businessFormer U.S. President Donald Trump accused Taiwan of stealing the country's chip business, he said on "The Joe Rogan Experience" podcast. Bernstein analyst Stacy Rasgon told CNBC the idea of Taiwan stealing the U.S.'s chip industry is "ridiculous." [PRO] Tech might be in trouble, chart showsThe bursting of the 2000 dot-com bubble was one of the worst moments ever for tech stocks.

Persons: Thomas Schäfer, Trump, Donald Trump, Joe Rogan, Bernstein, Stacy Rasgon Organizations: CNBC, Big Tech, Philips, Volkswagen, U.S, New York Stock Exchange, bourse, Intercontinental Exchange, Tech, Wolfe Research Locations: New York City, China, Germany, Taiwan

☆ Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
▼ + stars: | 2024-10-28 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company's works council said Monday. The Volkswagen management recently presented plans to the council that include a 10% reduction in pay across the board, as well as wage freezes in 2025 and 2026, according to Daniela Cavallo, head of the works council. All factored in, the body estimates workers will suffer pay cuts of around 18% over the period. Volkswagen also intends to shut three factories and downsize all other plants in Germany, Cavallo said. She warned that sweeping job cuts were part of carmaker's plans, noting that tens of thousands of jobs were at risk.

Persons: Daniela Cavallo, Cavallo Organizations: Volkswagen, VW Locations: Germany

☆ Volkswagen plans to close ‘at least’ 3 German plants and lay off thousands of workers
▼ + stars: | 2024-10-28 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday. The plans are already facing pushback from labor unions in the country, where Volkswagen employs 295,000 people, setting the stage for possible strikes in the coming weeks. Volkswagen has been locked in negotiations with unions for weeks over its plans to cut costs and restructure business operations. A Volkswagen employee holds a placard reading "Hands off the collective agreement" during a VW works council event in Zwickau, eastern Germany on October 28, 2024. It has previously said that it would seek to terminate an employment protection agreement with labor unions, which has been in place since 1994, to “future proof” the business.

Persons: ” Thorsten Groeger, Metall, IG Metall, Volkswagen’s, Daniela Cavallo, ” Cavallo, Jens Schlueter, Gunnar Kilian, ” Thomas Schaefer, ”, Volkswagen Organizations: London CNN, Volkswagen, VW, IG, CNN, ”, Getty, Labor Locations: Germany, Zwickau, AFP, China, Europe

☆ Trump accuses Taiwan of stealing U.S. chip industry. Here's what the election could bring
▼ + stars: | 2024-10-28 | by ( Seema Mody | ) www.cnbc.com time to read: +4 min

Former President Donald Trump reiterated his frustration with Taiwan over the weekend when he appeared on "The Joe Rogan Experience" podcast and accused Taiwan of stealing America's chip industry. Trump criticized the U.S. CHIPS Act and said he would implement tariffs on chips from Taiwan if elected president. Shares of Taiwan Semiconductor closed down 4.3% on Monday. The U.S. Commerce Department funds have yet to be allocated to Taiwan Semiconductor or other major semiconductor firms. "We put up billions of dollars for rich companies to come in and borrow the money and build chip companies here.

Persons: Donald Trump, Joe Rogan, Trump, Bernstein, Stacy Rasgon, Rasgon, CC Wei, shouldn't, They're, he'll, Patrick Moorhead, Kamala Harris, it's, Biden Organizations: Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, Taiwan Semiconductor, Amazon, Google, Microsoft, UBS, Intel, Samsung, U.S, CNBC, U.S . Commerce Department, CC, Funds, Mizuho, Trump, Analysts, Citi, VanEck Semiconductor, Global, Texas, China, Micron Locations: Taiwan, U.S, China, Arizona

☆ Fact check: 32 false claims Trump made to Joe Rogan
▼ + stars: | 2024-10-27 | by ( Daniel Dale | ) edition.cnn.com time to read: +20 min

Here is a fact check of 32 false claims Trump made to Rogan. The number of migrants: Trump claimed that at least “21 million” people have illegally crossed the border during the Biden administration. Trump’s Las Vegas crowd size: In his latest exaggeration about crowd sizes, Trump claimed there were “29,000 people” at his event the night prior. Foreign policyTrump and ISIS: Repeating one of his regular false claims, Trump said, “We defeated ISIS in record time. (This appeared to be an inadvertent mistake by Trump, but his claim was still inaccurate, and Trump has repeatedly bashed Biden over such mix-ups.)

Persons: Donald Trump, Joe Rogan, Kamala Harris, Trump, Rogan, Biden, Harris, Alejandro Mayorkas, Joe Biden, “, Hillary Clinton, Virginia, Carter, Jimmy Carter, ” Trump, ”, Tom Sofield, ” Harris, Obama, Kim Jong, Kim Jong Un, Barack Obama, Kim, Trump, “ Nobody, ’, FactCheck.org, Gavin Newsom, ’ ” Pavel Molchanov, Raymond James &, Molchanov, “ I’d, Oprah, Winfrey’s, didn’t, Trump’s, John Trump, Alyssa Farah Griffin, Griffin, Mike Pence’s, “ It’s, Abraham Lincoln’s, Abraham Lincoln, Tad, Lincoln, “ Tad, Tad Lincoln, Willie, bashed Biden Organizations: CNN, Immigration, Department of Homeland Security, Trump, Homeland, House Republicans, Electoral College, Washington Post, ABC, Wisconsin, Wisconsin Republicans, Republican, Bucks, ISIS, North Korean, Obama, Biden, New York Times, Taiwan News, NASA, Federal Highway Administration, USA, Gov, Drilling, National Wildlife Reserve, Wildlife Refuge, Raymond James & Associates, Alaska Industrial Development, Export Authority, Democratic, Oprah, MIT, Massachusetts Institute of Technology, Newsweek, Schools, White House, Pentagon, Capitol Locations: El Salvador, Guatemala, Honduras, United States, Wisconsin, Virginia, Oregon, Vegas, Las Vegas, Bucks County , Pennsylvania, Bucks County, Pennsylvania, Georgia, Texas, Michigan, Philadelphia, North Korea, China, Trump’s, Taiwan, “, ”, Midwest, California, ” California, Louisiana

In the relatively affluent Milwaukee suburbs of Waukesha County, Wisconsin, Rochelle Gamauf said each week she is seeing new faces at her food pantry, Friends With Food, which she started during the pandemic. The organization has gone from giving out around 420,000 pounds of food in 2022 to over a million pounds in 2023. “I’m seeing people that have never visited a food pantry in their life,” Gamauf said. In Michigan, Phil Knight, executive director of the Food Bank Council of Michigan, said he’s also seeing more regulars. Even then, he said there are times when they run out of food with hundreds of people still in line.

Persons: Ken Estelle, “, ”, Estelle, “ We’ve, Joe Arthur, —, Donald Trump, Kamala Harris, Harris, Trump, Rochelle Gamauf, ” Gamauf, “ It’s, Arthur, “ We’re, ” Arthur, Melody McCurtis, she’s, McCurtis, Heidi Gould, ” Gould, Gould, Phil Knight, he’s, That’s, Gamauf Organizations: America, Central Pennsylvania Food Bank, ”, Jewish Community, Food Bank Council of Locations: Michigan, America West Michigan, Pennsylvania, Wisconsin, ” Michigan, Milwaukee, Waukesha County , Wisconsin, Lancaster County, Dauphin County, Harrisburg, Metcalfe, Food Bank Council of Michigan, Dairy State, Waukesha

☆ A battle over the future of US retirement is playing out in Pennsylvania as the election looms
▼ + stars: | 2024-10-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +12 min

Similar to Maureen, she's concerned about financial security for older Americans — but she will be supporting Vice President Kamala Harris. "He says that he's going to keep Social Security, but you never know with him," Klein told BI of Trump. CRP research suggests that's due to fewer older adults working traditional jobs and instead pursuing entrepreneurship to supplement their retirement incomes. AdvertisementJR Reed and Krista Geer, both in charge of county-wide aging agencies, have met with older adults in Pennsylvania to hear their top worries. Critics say it isn't tied to a measure that accurately reflects the spending of older Americans.

Persons: Harris, Trump, —, Maureen, Donald Trump, he'll, she's, Heck, Federal Reserve —, Marjorie Klein, Kamala Harris, Klein, Bill Johnston, Walsh, Benjamin Glasner, haven't, Glasner, Mike Crossey, Crossey, Richard Fiesta, Fiesta, Kyle Kopko, Kopko, Bill Candelori, It's, Candelori, Josh Shapiro —, Democrat —, Jason Kavulich, it's, I've, JR Reed, Krista Geer, Geer, Reed, Brian Hughes, JD Vance, Kavulich Organizations: Pennsylvania, BI, Social Security, Service, Republicans, Biden, Trump, Federal Reserve, AARP, Cambria —, Economic Innovation Group, Security, Alliance, Retired, Center for, Democrat, Pennsylvania's, JR Locations: Pennsylvania, Philadelphia, AARP Pennsylvania, — Fayette, Cambria, Pittsburgh, Center for Rural Pennsylvania

☆ Malaysia must avoid 'boom-bust' cycles to finally claim Asian Tiger status, central bank governor says
▼ + stars: | 2024-10-25 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Abdul Rasheed Ghaffour, governor of Bank Negara Malaysia, during a news conference at Sasana Kijang Center, which houses Bank Negara Malaysia facilities, in Kuala Lumpur. Malaysia is working toward having the "the right ingredients" to finally claim "Asian Tiger" status, but must avoid the traps of widening inequality seen elsewhere. That's according to Abdul Rasheed Ghaffour, the governor of the central bank of Malaysia, who believes the southeast Asian country must avoid a "boom-bust cycle that has happened before." But it may be a case of better late than never, thanks to better-than-expected economic growth this year. Ghaffour said Malaysia is moving into producing logic chips — more advanced chips often know as the brains of electronic devices.

Persons: Abdul Rasheed Ghaffour, Ghaffour, Karen Tso, Donald Trump, Kamala Harris Organizations: Bank Negara Malaysia, Bank Negara, Washington , D.C, CNBC, Asian Tigers, Oxfam, Taiwan's, Budget, Accounting, Statistics, Tech, Intel, Economic, ASEAN, Republican, Democratic Locations: Bank, Bank Negara Malaysia, Kuala Lumpur, Malaysia, Hong Kong, Singapore, Taiwan, South Korea, Washington ,, Hong Kong's, Penang, European, U.S, Malaysian, Thailand, Indonesia .

☆ Tiny house with elaborate – and erotic – frescoes unearthed at Pompeii
▼ + stars: | 2024-10-25 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Archaeologists have uncovered a tiny house in Pompeii that is filled with elaborate – and sometimes erotic – frescoes, further revealing the ornate way in which Romans decorated their homes. This change could have occurred due to shifting trends in Roman - and particularly Pompeian - society, during the first century AD, archaeologists said. Archaeological Park of PompeiiThis latest discovery spotlights the ornate decorations that rich Romans enjoyed in their homes – several frescoes depict mythical scenes and others are decorated with plant and animal motifs on a white background. Archaeological Park of PompeiiErotic and elaborate frescoes like this have been uncovered in Pompeii before. Elsewhere in this newly excavated house, the last ritual offerings left before the eruption still remain at the household shrine, known as a lararium.

Persons: Hippolytus, Theseus, Phaedra, Adonis, Leda, ”, Gabriel Zuchtriegel, Zuchtriegel, “ Organizations: CNN — Locations: Vesuvius

☆ Elon Musk’s dozens of meetings with presidents, prime ministers and political candidates show his growing political influence
▼ + stars: | 2024-10-25 | by ( Clare Duffy | Way Mullery | ) edition.cnn.com time to read: +9 min

New York CNN —Over the past three years, Elon Musk has met dozens of times with presidents, prime ministers, lawmakers, government officials and political candidates from around the world. Other meetings, such as a recent conversation with Argentine President Javier Milei, the world only glimpses through the billionaire’s social media posts. Recently, Musk’s political activism has begun to have a tangible impact on his companies: Brands pulled their advertisements from X, tanking its value. CNN’s analysis also suggests that Musk has, in particular, worked to develop influence among a set of right-leaning world leaders, including Modi, Bolsonaro, Milei and Italian Prime Minister Giorgia Meloni. Now, as he campaigns for Trump, Musk may be setting himself up for his most prominent political role yet: a position in a possible future Trump White House.

Persons: Elon Musk, Benjamin Netanyahu, Javier Milei, Musk, Vladimir Putin, Dmitry Peskov, ”, Ron DeSantis, Robert F, Kennedy, Jr, Donald Trump, Kamala Harris, “ He’s, he’s, James Lewis, it’s, Tesla, “, ” Lewis, “ They’re, Jair, Andrés Manuel López Obrador, Li Qiang, Emmanuel Macron, Recep Tayyip Erdogan, Narendra Modi, William Klepper, you’ve, ” Musk, Modi, Giorgia Meloni, India’s Modi Organizations: New, New York CNN, Argentine, CNN, Wall Street Journal, Putin, Gov, Trump, Center for Strategic, International Studies, Indian, Columbia Business School, Brands, SpaceX, Italian, Elon, Trump White House, Department of Government Locations: New York, Israel, South Africa, United States, Brazil, Nuevo Leon, Shanghai, China, Turkish, California, Italy, India, Argentina, ”

☆ Nestlé and L'Oréal are betting on a longevity supplement made from pomegranate juice
▼ + stars: | 2024-10-25 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Urolithin A supplement company Timeline has investments from both Nestlé and L'Oréal. This year, the conversation quickly turned to the supplement du jour, the compound that has drawn investment from both Nestlé and L'Oréal: Urolithin A. Starting in 2008, Rinch's supplement company, Amazentis, funded over a dozen studies on urolithin A, including some relatively large, placebo-controlled trials in people — a rarity in supplement research. Urolithin A has also captured the attention of longevity researchers, who are typically more skeptical about products promising to make you young again. Timeline was on the agenda at this year's ARDD, an annual longevity research conference held in Copenhagen in August.

Persons: —, There's, Urolithin, Hilary Brueck, Chris Rinsch, Rinsch, Johan Auwerx, Amazentis, Auwerx, He's, Mark Hyman, Dave Asprey, Gwyneth Paltrow's, Will Cole, Dominic Denk, Denk, wouldn't, Timeline's, Andrea Maier, it's, Maier Organizations: Service, VC, Business, Frankfurt University Hospital, National University of Singapore Locations: Gstaad, Swiss, skincare, urolithin, Davos, Copenhagen, Germany, Switzerland, Nestlé

☆ Opinion | Dan Osborn Is Building a Model for Taking on Republicans in Red States
▼ + stars: | 2024-10-25 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +1 min

The first person I met at a Monday night meet-and-greet for Dan Osborn, the independent Nebraska Senate candidate, was a Donald Trump-voting Republican named Joe Hallett. He’d worked, alongside his wife, Sherri, with Osborn at Omaha’s Kellogg plant. Explaining Osborn’s appeal, Joe said, “He’s not a millionaire or anything like that.” Sherri added: “He works hard. We did the same thing.”Neither was a fan of Osborn’s opponent, the Republican senator Deb Fischer. It drew a few dozen people — more Democrats and independents than Republicans — and Osborn stayed to talk and shake hands until the place closed.

Persons: Dan Osborn, Donald Trump, Joe Hallett, He’d, Sherri, Osborn, Joe, “ He’s, ” Sherri, Deb Fischer, “, ”, ” Osborn, Republicans —, Fischer, he’d Organizations: Nebraska Senate, Republican, Republicans Locations: Nebraska, Omaha’s Kellogg, Ashland, Omaha, Washington

☆ Big Tech is creating a new market for small nuclear reactors — these stocks are ways to play it
▼ + stars: | 2024-10-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Small modular reactors (SMRs) promise to reduce capital costs and accelerate construction timelines that typically plague nuclear plants, but the technology has struggled to reach the commercial stage. The difference now is the appetite of tech companies for fossil-free fuel. The market for SMRs could grow by two gigawatts to five gigawatts by 2035 assuming big tech companies make up a majority of the demand, Percoco said. The small, pure-play advanced reactor companies NuScale and Oklo are options, but their stocks are volatile and business outlook uncertain. SMR OKLO 1M mountain NuScale Power has climbed 54% and Oklo by 117% in the past month.

Persons: Paul Zimbardo, Morgan Stanley, Andrew Percoco, Percoco, Zimbardo, NuScale, Sam Altman, Kenneth Parks Organizations: Google, Jefferies, CNBC, Amazon, Tech, Microsoft, Constellation Energy, GE Vernova, GE Locations: Kairos, Pennsylvania, SMRs, Idaho, Ontario

☆ Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
▼ + stars: | 2024-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, inside Amazon's internal pitch for turning to nuclear power to meet its growing energy needs . AdvertisementThat's led Big Tech to consider nuclear power to address its skyrocketing energy requirements. Nuclear power ticks that box better than other clean energy options like solar or wind. Nuclear power, meanwhile, is an industry in desperate need of some love , BI's Daniel Geiger and Ellen Thomas previously reported. From advertising platforms to AI tech companies, here's the startups to watch .

Persons: —, Jocko Willink, we've, Jenny Chang, Rodriguez, That's, Business Insider's Eugene Kim, Andy Jassy, it's, Sam Altman, Eugene, BI's Hasan Chowdhury, BI's Daniel Geiger, Ellen Thomas, Jim Burke, Vistra, Chelsea Jia Feng, Elon Musk, Jean Boivin, He's, Marc Benioff isn't, bashed, Miles Brundage, OpenAI, Emma Tucker's, Tucker, Mike Jeffries, SpaceX's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Navy, Big Tech, Amazon, Microsoft, Google, Keystone, Hulton, Constellation Energy, Getty, EV, BlackRock Investment Institute, San Francisco, BI, AGI, Abercrombie, Fitch Locations: Fukushima, Pennsylvania, Arizona, New York, London

☆ 'Made in Mexico' trade controversy is provoking another kind of border war
▼ + stars: | 2024-10-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Sparking controversy is language within the USMCA that covers how a product gains the "Made in Mexico" designation from U.S. Customs. There is bipartisan concern about Mexico serving as a trade "back door" for Chinese exports to evade tariffs. Trump threats not slowing trade boom Trump has said he wants to renegotiate the USMCA deal he struck with the North America partners in 2020. Chinese manufacturing in Mexico will be a likely part of the trade renegotiation. Threats of additional tariffs are not slowing down trade with Mexico.

Persons: Donald Trump, Zekelman, San Luis Potisi, Jordan Dewart, Biden, Trump, Mary Lovely, Anthony Solomon, Dewart Organizations: U.S . Customs, Zekelman Industries, Bloomberg, Getty, Peterson Institute for International Economics, Trump, North America, Companies, DHL, Uber, Moody's Analytics Locations: United States, Mexico, Canada, U.S, North America, Republic of Mexico, Beach, Calif, Chicago, San Luis, Luis Potisi, Redwood Mexico, China, Mexican, El Paso, Laredo , Texas, East Asia

☆ Costco recalls salmon products over listeria contamination concern
▼ + stars: | 2024-10-25 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

CNN —Costco is recalling smoked salmon products over possible listeria contamination. There have been at least 10 reported deaths and 59 hospitalizations across 19 states due to the listeria outbreak, according to the CDC. In October, there have multiple instances of recalls like Costco’s salmon products due to potential listeria contamination, according to the FDA, which tracks public announcements. While the recalls come on the heels of the Boar’s Head listeria outbreak and McDonald’s E. coli outbreak, experts told CNN that an increase in recalls over potential contamination isn’t necessarily cause for concern. On October 24, the FDA announced a recall of chicken taco kits produced by Sprouts Farmers Markets over potential listeria contamination.

Persons: Salmon, Costco’s, Francisco Diez, Gonzalez, BrucePac, Diez, ”, ” Diez, “ It’s, bode Organizations: CNN, Costco, US Center, Disease Controls, Kirkland, Acme, Fish Corp, CDC, listeria, US Food and Drug Administration, FDA, Center for Food Safety, University of Georgia, Farmers, Treehouse Foods, Target, Walmart, US Department of Agriculture, Consumers Locations: Virginia

☆ Gold eyes weekly gains as geopolitical uncertainty boosts appeal
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +2 min

Spot gold slipped 0.2% at $2,730.09 per ounce, as of 01:55 GMT. U.S. gold futures fell 0.2% to $2,742.80. "In the next three months, gold may reach $2,800, and from the annual perspective, it can surpass the psychologically important $3,000 barrier." The U.S. asked the Group of Seven allies to consider sanctions on Russian palladium and titanium, Bloomberg News reported. It benefits from its dual role of monetary value and as an industrial metal with growth driven by the breakneck growth of photovoltaics," said Paul Wong, market strategist at Sprott Asset Management.

Persons: Alexander Manzyuk Gold, Julia Khandoshko, Nornickel, Daniel Hynes, Silver, Paul Wong Organizations: REUTERS, Bloomberg News, ANZ, Sprott Asset Management Locations: Siberian, Krasnoyarsk, Russia, Gaza . U.S, Doha, Gaza, U.S

☆ How to use a drain snake, according to experts
▼ + stars: | 2024-10-24 | by ( Cory Fernandez | Cory Fernandez Is A Commerce Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +8 min

SKIP AHEAD Best products for snaking a drain | How to use a drain snake drain | How to unclog a drain without a snake | Meet our experts | Why trust NBC Select? While a drain snake is incredibly helpful in clearing up your sink or bathtub drain, it’s important to prevent hair and other particles from building up in the first place. A drain snake is effective at cleaning out a bathtub drain, but they could potentially damage pipes if used improperly. Instead, use an enzyme-based liquid cleaner if you prefer that over a drain snake. If you have to unclog your bathtub drain but don’t have a drain snake, you can try using an enzyme-based cleaner, such as the Mighty Mint Drain Maintainer with Enzymes, to clear out the pipes.

Persons: John Pirsos, Ryan Knoll, Kadi, “ It’s, ”, Mili Godio, Lindsay Schneider, Rosalie Sparaco, Caitlin Cusack, Schneider, “, Zoe Malin, it’s, I’ve, Knoll, Kadi Dulude, grout, TikTok Organizations: Petri, NBC, Tidy Casa, of, Mighty Mint, Knoll, Facebook, Twitter Locations: Knoll, Kadi

HONG KONG — Scientists have discovered dinosaur fossils for the first time in Hong Kong. The bones were “scattered, fragmented, and weathered” when unearthed in a UNESCO-listed geopark in the Chinese territory’s Port Island, authorities said in a separate handout. “Experts infer that the dinosaur may have been buried by sand and gravel after its death, later exposed to the surface by floods, and then reburied at the discovery site,” it said. Hong Kong has previously found many plant and animal fossils, including ostracod and ammonite fossils from about 400 to 190 million years ago, but this is the first time dinosaur fossils have been unearthed in the city, the handout said. “The discovery of this dinosaur fossil is considered very lucky,” it said, noting that despite Hong Kong’s Jurassic to Cretaceous geological layers, which could contain dinosaur fossils, local researchers had not found any in more than a century of geological surveys.

Persons: Hong Kong Organizations: HONG KONG —, UNESCO Locations: HONG, Hong Kong, Port Island, Hong

☆ How things went from bad to worse for Jeep-owner Stellantis
▼ + stars: | 2024-10-24 | by ( Nora Naughton | ) www.businessinsider.com time to read: +6 min

After months of that mounting pressure — plus an investor lawsuit — Stellantis confirmed that Tavares would retire after his contract expires in early 2026. A Stellantis spokesperson said the investor lawsuit is without merit, and the company plans to "vigorously defend itself." "If a customer has an older Stellantis product, the odds of buying a new one are very, very diminished, especially compared to the rest of the industry," Drury said. Stellantis, in return, has filed a lawsuit accusing the union of violating the contract with its strike authorization votes. AdvertisementAfter a historic strike at all three Detroit car companies last fall, the UAW won the right to strike over product commitments.

Persons: Carlos Tavares, Tavares, —, Stellantis, — Stellantis, Kevin Farrish, Dave Kelleher, Kelleher, Jeep, Dodge, Ivan Drury, Edmunds, Drury, Carlos, Shawn Fain Organizations: Investors, Service, Fiat Chrysler Automobiles, France's PSA Groupe, United Auto Workers, UAW, Chrysler, Dodge, Stellantis, Renegade, Cherokees, Hyundai, Cox Automotive, Detroit, Cherokee Locations: North America, Portuguese, Pennsylvania, Illinois

☆ Boeing’s turnaround just got even harder. Here’s why
▼ + stars: | 2024-10-24 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +8 min

Members of the International Association of Machinists just rejected Boeing’s offer to return to work after a bruising six weeks of strike action. But with 64% of IAM members voting no on the company’s latest offer, getting a once-great American company back on track appears harder than ever. Our members haven’t forgotten that.”Why traditional pension plans matterTraditional pensions are what’s known as defined benefit plans. Traditional pension plans are “one of the hallmarks of retirement security,” Holden said Wednesday night. But he said so far in negotiations Boeing hasn’t entertained any kind of return to a pension plan.

Persons: Kelly Ortberg, Lindsey Wasson, ” Jon Holden, haven’t, ” Holden, It’s, ” Nataleen Anderson, Stellantis, John Lawler, Max, ”, “, Holden, Boeing hasn’t, they’re, Ortberg, Marian Lockhart, “ We’re, We’ve Organizations: New, New York CNN, Boeing, International Association of Machinists, Poor’s, —, IAM, Volunteers, Research, CNN, KIRO, United Auto Workers, General Motors, Ford, Chrysler, GM, Reuters Locations: New York, Washington, Seattle, Everett , Washington

☆ Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
▼ + stars: | 2024-10-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

CEO Kelly Ortberg has vowed to turn around the company and laid out a four-point plan. CEO Kelly Ortberg vowed to "return Boeing to its former legacy" and said the company would focus on changing its culture. However, restoring the traditional defined-benefit pension plan — replaced with a 401(k) in 2014 negotiations — has been a key issue for many on the picket lines. Bank of America analysts estimated that restoring this pension plan would cost up to $400 million annually. Boeing's production has been limited as it faces supply-chain constraints and renewed scrutiny from regulators in the wake of January's Alaska Airlines blowout.

Persons: Kelly Ortberg, —, Manuel Valdes, William Blair, Peter McNally, China's, McNally, Morningstar's Nicolas Owens, Ortberg Organizations: Boeing, Service, CNBC, Wall Street, Labor, Seattle Times, Bank of America, Anderson Economic Group, AP, Alaska Airlines, Airbus Locations: Seattle, Pacific Northwest

☆ Inside Amazon's nuclear ambitions, its 'Piano Man' project, and CEO Andy Jassy's support
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

The company's energy strategy team recently pitched CEO Andy Jassy on the benefits of nuclear power. AdvertisementIn June, Amazon's Global Energy Strategy team pitched CEO Andy Jassy the idea of doubling down on nuclear power to support its growing network of data centers. Jassy agreed, according to an internal Amazon document from the third quarter that was obtained by Business Insider. The company considered tapping into at least four additional existing nuclear power plants and sought even more small modular reactor deals. Nuclear power can be safer, more reliable, and more cost-efficient in the long term compared to other power sources, according to Jacopo Buongiorno, a nuclear engineering professor at MIT.

Persons: Andy Jassy, —, Thos Robinson, It's, Sam Altman, Jassy, Jacopo Buongiorno, Buongiorno Organizations: Service, Amazon's Global Energy, Business, Amazon, Amazon Web Services, Hulton, Google, Kairos, Microsoft, Amazon's Global Energy Strategy, BI, US Department of Energy, MIT, Global Energy Strategy Locations: Pennsylvania, Fukushima, Maryland, Texas

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