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☆ Amazon rolls out Buy with AWS button to let software vendors more easily sell to its cloud customers
▼ + stars: | 2024-12-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when shopping on other websites. At its Reinvent conference in Las Vegas on Wednesday, Amazon Web Services said a new Buy with AWS button will be available for cloud software partners to embed on their sites as a way for customers to pay. Prominent cloud software vendors like Databricks, Wiz and Workday run their products on top of AWS, as well as other clouds, and will now be able to sell services directly to users with AWS accounts via the new button. Buy with AWS has one key difference in that it's free for software companies to embed. Because the services are running on top of AWS, the purchases result in more revenue for Amazon.

Persons: Matt Yanchyshyn Organizations: Amazon, Web Services, Microsoft, Google, CNBC, U.S, Amazon Music, Retailers, AWS Locations: Las Vegas

☆ Dollar Tree may stop selling some products because of Trump’s tariffs
▼ + stars: | 2024-12-04 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

Dollar Tree may also raise prices from their current level of $1.25. Dollar Tree, which also owns Family Dollar, did not say which products it may axe or hike prices on. Dollar Tree said it will negotiate with vendors and shift where it gets its items from to alternate countries if tariffs take effect, a similar response to how it handled Trump’s tariffs during his first administration. In 2021, Dollar Tree raised base prices to $1.25 after 30 years of selling items for just a dollar. Tariffs may be another hit to Dollar Tree, adding to its struggles.

Persons: Donald Trump’s, Michael Creedon, Creedon, Michael Lasser Organizations: New, New York CNN, Trump, Companies, KeyBanc, Walmart, UBS Locations: New York, Mexico, Canada, China

☆ Jeff Bezos says he's optimistic about Trump, will help with reducing regulation
▼ + stars: | 2024-12-04 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Trump repeatedly attacked Bezos and his companies, Amazon and The Washington Post, accusing them of dodging taxes or publishing "fake news," among other things. Prior to the 2016 election, Bezos criticized Trump's behavior, saying it "erodes our democracy." Bezos also publicly declared shortly before the election that the Washington Post would not be endorsing a candidate, breaking with decades of tradition. Bezos' space company Blue Origin will frequently interact with Trump's administration when it comes to vying to secure federal contracts. WATCH: Bezos says he's proud of decision not to have Washington Post endorse presidential candidate

Persons: Jeff Bezos, Donald Trump, Bezos, Trump, Trump's, trekked, He's, Kamala Harris Organizations: Amazon, The Washington Post, New York Times, Jazz, Lincoln Center, The New York Times, Washington, U.S . Postal Service, Department of Defense, Trump, Republican, Facebook, Trump Tower, Washington Post, Democratic, Origin, Elon, SpaceX, White, America PAC Locations: New York City

☆ Sam Altman seems to be trying to make peace with Elon Musk
▼ + stars: | 2024-12-04 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

AdvertisementSam Altman offered some kind words for his OpenAI cofounder Elon Musk. Altman and Musk have been embroiled in a legal dispute for the better part of a year. Sam Altman, the CEO and cofounder of OpenAI, had mostly positive words at Wednesday's DealBook Summit for Elon Musk, his OpenAI cofounder and current competitor. Related Video Sam Altman moves to Microsoft after OpenAI fires him as CEO"I grew up with Elon as a mega hero. "I don't think Elon would do it," he added.

Persons: Sam Altman, Elon Musk, Altman, Elon, Andrew Ross Sorkin, I'm, Donald Trump's, Musk, — Musk, OpenAI, Trump, Altman's, didn't, Sorkin Organizations: Elon, Microsoft, Street Journal Locations: Big Sky , Montana

☆ I had never traveled overseas. At age 21, I moved from the US to Germany to be an au pair.
▼ + stars: | 2024-12-04 | by ( Julie Royce | ) www.businessinsider.com time to read: +5 min

AdvertisementIn 2000, I moved from the US to Germany after taking a job as an au pair. I had even traveled to Canada as a child, but I had never been overseas. Related VideoI got the contact information for the London-based agency that pairs young women with families across Europe for a year. In 2000, I took a job as an au pair in Germany. AdvertisementThe agency considered my background and, over several more weeks, paired me with families in the Netherlands, Australia, and Germany.

Persons: Julie, I'd, Harry Potter, sipped, Rembrandt, Austin Organizations: Spanish, Düsseldorf, Cologne Cathedral Locations: Germany, Europe, Texas, United States, Canada, London, Netherlands, Australia, Hagen, Cologne, Amsterdam, Paris, Prague, Van Gogh, Dallas, Tenerife, Spain, Austrian

☆ World’s top 100 cities revealed – and London isn’t in the top 10
▼ + stars: | 2024-12-04 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

It’s the fourth time in a row that the French capital has taken the No.1 spot in the Top 100 City Destinations Index by data analytics company Euromonitor International. Close to 13 million international Tokyo trips were recorded in 2024, says Euromonitor International, notably higher than pre-pandemic levels. Euromonitor International reports a whopping 32.4 million international trips there in 2024, nearly 10 million more than last year’s No.1, Istanbul, which in 2024 has recorded 23 million. To manage the overflow of visitors in the busiest tourist destinations, cities are introducing measures such as tourism-related taxes and restricted visiting hours. Euromonitor International’s Top 10 City Destinations for 2025Paris Madrid Tokyo Rome Milan New York Amsterdam Sydney Singapore BarcelonaTop 10 cities in international arrivals for 2025

Persons: CNN — It’s, Koen Smilde, overtourism, There’s, Airbnb, Euromonitor Organizations: CNN, Paris, Notre Dame, Euromonitor, City, London, Sydney, Euromonitor International, York, Discover, Paris Madrid Tokyo, Milan New York, Milan New York Amsterdam Sydney Singapore Barcelona Locations: City of, Europe, Madrid, Rome, Milan, Amsterdam, Barcelona, London, Seoul, Dubai, Paris, Bangkok, Asia, Pacific, Tokyo, Singapore, New York, Los Angeles, Istanbul, Discover Amsterdam London, Hong Kong, Mecca, Saudi Arabia, Italy, Paris Madrid, Milan New York Amsterdam

☆ Julia Louis-Dreyfus, Pete Davidson and more 'Saturday Night Live' stars reveal what they spent their first paychecks on
▼ + stars: | 2024-12-04 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

While Saturday Night Live is known for minting stars, the comedians whose careers have been launched by the show all started at the bottom of Studio 8H. Purchases ranged from shoes to furniture, but many of the cast shared a similar sentiment: first-year writers don't make as much money as you probably think they do. Here's what the SNL stars and alumni told the magazine:Pete Davidson: "Do you guys know what they pay us? Seth Meyers: "I went to, like, a Crate & Barrel and I got a really big couch and then I went to a Best Buy and I got a really big TV." It's not the first time that SNL stars have talked about how they've spent their money.

Persons: Pete Davidson, James Austin Johnson, Julia Louis, Dreyfus, Rachel Dratch, Sarah Silverman, Jason Sudeikis, Sarah Sherman, Cheri Oteri, Seth Meyers, Bowen Yang, Gucci, It's, they've, Davidson, Colin Jost —, —, Jost Organizations: 8H, New York Magazine, SNL, Saks, CNBC Locations: York, Staten, New York

☆ Silicon and supercomputers will define the next AI era. AWS just made a big bet on both.
▼ + stars: | 2024-12-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementAWS unveiled a new AI chip and a supercomputer at its Re: Invent conference on Tuesday. It's a sign that Amazon is ready to reduce its reliance on Nvidia for AI chips. Big Tech's next AI era will be all about controlling silicon and supercomputers of their own. Trainium3, which AWS gave a preview of ahead of a late 2025 release, has been billed as a "next-generation AI training chip." Servers loaded with Trainium3 chips offer four times greater performance than those packed with Trainium2 chips, AWS said.

Persons: It's, Tech's, Noah Berger, Matt Garman, OpenAI, Anthropic, Blackwell, Elon Musk, Garman, He'll Organizations: Google, Microsoft, Amazon Web Services, Nvidia, Amazon Web, AWS, Wall Street, Anthropic Locations: Amazon, Rainier, Memphis

☆ Ryan Reynolds' personal trainer shared the 11 supplements that help him stay fit as he ages
▼ + stars: | 2024-12-04 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

The 47-year-old New York-based personal trainer has worked with celebrities including Ryan Reynolds, Blake Lively, and Anne Hathaway. AdvertisementSaladino told Business Insider that he's dedicated to eating and training optimally, and he strives for continuous improvement as he ages. However, everyone's requirements are different, and supplements can help people fill gaps. We can get vitamin D through sunlight and food, but supplements are recommended to help keep bones, teeth, and muscles healthy. Potential benefits of glutamine supplements include reducing muscle soreness after workouts, boosting the immune system, and supporting muscle recovery.

Persons: Don Saladino, Ryan Reynolds, Blake Lively, Anne Hathaway, Saladino, Peter Hurley Multivitamin, Rhiannon Lambert, it's, Cliff Wilson, It's Organizations: Business, National Institute of Health, National Library of Medicine, antiaging Locations: New York

☆ Walmart's CEO had wine delivered by drone to his front door and believes it's key to the company's future success
▼ + stars: | 2024-12-04 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

He said Walmart's future looked like "urgent deliveries happening in a really fast time." He said he ordered the drone delivery when his wife Shelley realized she didn't have a key ingredient in the kitchen. In August, DroneUp, Walmart's drone delivery partner, told Axios that drone deliveries were not economically sustainable for smaller, low-cost packages. The retailer currently offers drone deliveries in three locations in the US — Bentonville, Dallas, and Virginia Beach. In January, it expanded its drone delivery radius to serve 1.8 million additional households in the Dallas-Forth Worth area.

Persons: Doug McMillon, Morgan Stanley, Shelley, McMillon Organizations: Walmart, Morgan, Morgan Stanley Global Consumer, Retail Conference, Business Locations: New York, Bentonville , Arkansas, DroneUp, Phoenix, Salt Lake City, Tampa, Bentonville, Dallas, Virginia, Forth Worth

☆ Glossier's new CEO said listening to customers on these 3 things helped her overhaul the beauty company
▼ + stars: | 2024-12-04 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementKyle Leahy, the CEO of Glossier, took over the beauty company amid weak sales and layoffs. Leahy told Inc. Magazine listening to customers on three key issues helped her turn the brand around. The transition came as the billion-dollar beauty brand's sales were plunging, forcing staff cuts. Leahy explained why listening to the brand's customers on three key issues has been key to her success. In the last three years, the brand's sales have increased by 80%, the chief executive said, and brought the company back from what Redditors once described as its "flop era."

Persons: Kyle Leahy, Leahy, Emily Weiss, Weiss, Glossier, it's, —, Redditors Organizations: Glossier, Inc, Magazine, Brands, National Retail Federation, Business Locations: North America

The stowaway didn’t have a boarding pass but completed a security screening and bypassed identity verification and boarding status stations to board a Delta Air Lines aircraft the Tuesday before Thanksgiving, according to the Transportation Security Administration. “Everyone knows the threats are out there and the TSA just failed horribly, as did Delta Air Lines. It was at that point the woman skipped the station where her ID and boarding pass would have been checked, the spokesperson said. Delta has not said how the woman was able to board the plane once she made it past the TSA checkpoint. Passengers learned about the stowaway on Delta Flight 264 from JFK to Charles de Gaulle Airport when the plane landed.

Persons: John F, ”, Mary Schiavo, Svetlana Dali, ” Schiavo, Stowaway, “, –, Charles de Gaulle, ” Rob Jackson, David P, Pekoske, Schiavo Organizations: CNN, Kennedy International Airport, US Department of Transportation, Delta Air Lines, Transportation Security Administration, TSA, JFK’s, Passengers, Delta, American Association of Airport, Aviation Locations: New, Paris, France, Delta, JFK . Delta, JFK, New York, Texas, Salt Lake City

☆ Palmer Luckey's Anduril is partnering with OpenAI on AI defense tech
▼ + stars: | 2024-12-04 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

AdvertisementOpenAI partnered with Anduril to enhance AI in defense tech. Anduril, known for autonomous military drones, has secured major US government contracts recently. OpenAI is getting into the world of defense tech through a partnership with Palmer Luckey's Anduril. On Thursday, Anduril said it entered a partnership with OpenAI to "deploy advanced artificial intelligence (AI) solutions for national security missions." Scott Sacknoff, president of aerospace and defense investment firm Spade Index, previously told Business Insider that autonomous drones are "definitely a trend."

Persons: OpenAI, Palmer Luckey's Anduril, Anduril, Ozempic, Luckey, Scott Sacknoff, Sacknoff, Sam Altman, Altman Organizations: Anduril, Meta, Teledyne, Defense Department . Defense, Spade Locations: China, United States

☆ Spotify Wrapped is out. Here's who topped the 2024 streaming charts
▼ + stars: | 2024-12-04 | by ( Cj Haddad | ) www.cnbc.com time to read: +2 min

This photograph taken in Paris on April 19, 2024, shows a smatphone displaying the US singer-songwriter Taylor Swift's new album "The Tortured Poets Department" on Spotify. Queen of pop Taylor Swift released her highly anticipated record "The Tortured Poets Department" on April 19, 2024 -- the 11th studio album from the megastar who is already having a blockbuster year. Spotify Wrapped 2024 is out, giving hundreds of millions of users the ability to see their most-played songs and artists over the course of the year. Drake, Lamar's opponent in a renewed public rap battle earlier this spring, surged on the most-streamed artists' list, while Lamar ended up in seventh place on that list. Most-streamed artists in the United StatesTaylor Swift Drake Zach Bryan Morgan Wallen Kanye West"The Joe Rogan Experience," which hosted President-elect Donald Trump in October, took the No.

Persons: Taylor Swift's, Taylor Swift, Google's NotebookLM, Sabrina Carpenter's, Sabrina Carpenter, Kendrick Lamar, Shaboozey, Morgan Wallen, Post Malone, Tommy Richman Kendrick Lamar's, Drake, Lamar, Taylor Swift Drake Zach Bryan Morgan Wallen Kanye, Joe Rogan, Donald Trump, Kamala Harris Organizations: Department, Spotify, Wednesday, Poets Department Locations: Paris, United States, United

☆ GM expects more than $5 billion impact from China restructuring, including plant closures
▼ + stars: | 2024-12-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Employees work on Buick Envision SUVs at General Motors' Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China. DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in non-cash charges and writedowns, the Detroit automaker disclosed in a federal filing Wednesday morning. GM said it expects to write down the value of its joint-venture operations in China by between $2.6 billion and $2.9 billion. It also anticipates another $2.7 billion in charges to restructure the business, including "plant closures and portfolio optimization," according to the filing. GM, which previously announced plans to restructure the operations in China, did not disclose any additional details about the expected closures.

Persons: GM Dong, SGM Organizations: Buick, General Motors, SAIC, GM, GM Dong Yue Motors Co, DETROIT –, Motors, SAIC Motor Corp, Detroit, Wall Locations: Yantai, Shandong Province, China, DETROIT

☆ Meta starts the search for nuclear partners to power energy-hungry AI
▼ + stars: | 2024-12-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementMeta is seeking nuclear energy developers to power its AI and sustainability goals. Meta is not alone in turning to nuclear power, with Microsoft and Google making investments. Meta is looking for nuclear energy developers to power its AI ambitions. Big Tech goes nuclearMajor tech companies, including Microsoft and Google, are investing in nuclear power to provide energy for AI data centers. Google announced in Ocotber it was purchasing nuclear energy from Kairos Power, a California-based company developing small modular reactors.

Persons: Meta Organizations: Meta, Microsoft, Google, Big Tech, Constellation Energy, Business Locations: Pennsylvania, Ocotber, California

☆ Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop
▼ + stars: | 2024-12-04 | by ( Elisabeth Buchwald | Brian Fung | ) edition.cnn.com time to read: +5 min

New York CNN —The crypto and tech communities finally have some clarity on who they’ll potentially answer to over the next four years. On the crypto front, President-elect Donald Trump plans to nominate Paul Atkins to lead the Securities and Exchange Commission. “Paul is a proven leader for common sense regulations,” Trump posted on Truth Social. A former legal adviser at the Federal Trade Commission, Slater has handled antitrust investigations involving the tech and pharmaceutical industries. At the time, Slater worked under Democratic FTC Commissioner Julie Brill.

Persons: Donald Trump, Paul Atkins, Gary Gensler, Biden, Atkins, “ Paul, ” Trump, “, ”, Trump, Gail Slater, Slater, Slater didn’t, Julie Brill, bitcoin, George W, Bush, Patomak, JPMorgan Chase’s Jamie Dimon, General Motors, Mary Barra, Larry Fink Organizations: New, New York CNN, Securities and Exchange Commission, Alliance, Investors, Fox Corporation, Trump, DOJ, ” Big Tech, Little Tech, Trump’s Justice Department, Google, Federal Trade Commission, Democratic, Trump White House, Fox, Internet Association, Amazon, Facebook, Microsoft, Truth, SEC, Patomak Global Partners, JPMorgan, General Locations: New York, America, Little, Roku

The lineup for DealBook Summit 2024On Wednesday, DealBook will be live and in person at our annual summit in New York. The DealBook team and reporters from The Times will be reporting live from the conference. Even if you are not with us, you can follow along here beginning around 8:30 a.m. Eastern. Here are the speakers in order of appearance (the conversations that will be livestreamed on NYTimes.com are noted in parentheses):Ken Griffin , the founder and C.E.O. of GoogleShawn Fain , the president of the United Auto Workers, and Sara Nelson , the international president of the Association of Flight Attendants, C.W.A., A.F.L.-C.I.O.

Persons: DealBook, Andrew, Ken Griffin, Citadel Sam Altman, Serena Williams, Serena Ventures Bill Clinton, ” Jerome Powell, Alex Cooper, David Ricks, Eli Lilly, Fatima Cody Stanford, Harvard Medical School Prince Harry, The Duke, Sussex, BetterUp Sundar Pichai, Shawn Fain, Sara Nelson, Jeff Bezos, Trump Organizations: DealBook, The, Citadel, Serena Ventures, “, Governors, Federal Reserve, Massachusetts General Hospital, Harvard Medical School Prince, Archewell Foundation, United Auto Workers, Association of Flight, Amazon Locations: New York, United States, Massachusetts, China, U.S, Washington, Hollywood

☆ Netanyahu arrest warrant tests Western commitment to international law
▼ + stars: | 2024-12-04 | by ( Tim Lister | ) edition.cnn.com time to read: +8 min

CNN —The reach and credibility of international law is at its lowest in years as governments dismiss arrest warrants in some of the most high-profile cases to come before the International Criminal Court. Paris had fervently supported the Putin warrant, and reiterated its “longstanding commitment to supporting international justice” after the Netanyahu warrant was issued. The founding treaty of the ICC obliges the 124 signatory countries to arrest Netanyahu and Gallant, according to James Joseph, managing editor at Jurist News. The Biden administration’s criticism of the Israel warrants was as emphatic as its support for the Putin warrant. South Africa, an ICC member, ignored a warrant for the arrest of then-Sudanese leader Omar al-Bashir in 2015 when he visited.

Persons: Vladimir Putin, Benjamin Netanyahu, Yoav Gallant, Netanyahu, Israel, Paris, Putin, ”, Gallant, James Joseph, Josep Borrell, Germany demurred, Viktor Orban, Biden, Joe Biden, “, He’s, Milosevic, France’s, Fadi El Abdallah, Matthew Miller, Omar al, Bashir, Tom Cotton, Leah Millis, John Thune, Donald Trump, Mike Waltz, ” It’s Organizations: CNN, Criminal, Hamas, ICC, “, Amnesty, US State Department, National Security, Reuters, Republican, UN, ” Locations: Hague, Israel, “ States, Mongolia, Rome, Ireland, Canada, Netherlands, Germany, Argentina, Hungary, Hungarian, “ France, Lebanon, France, Russia, China, Africa, South Africa, Afghanistan

AdvertisementUnitedHealthcare CEO Brian Thompson was fatally shot outside a Manhattan hotel, a source told BI. Thompson, 50, was killed in an apparent targeted attack, the law enforcement source said. The CEO of UnitedHealthcare, Brian Thompson, was fatally shot outside Manhattan's New York Hilton Midtown hotel in an apparent targeted attack early Wednesday morning, a law enforcement source with knowledge of the matter told Business Insider. The suspect fired multiple shots from a gun equipped with a silencer as the shooter got closer to Thompson before running off, the source told BI. Thompson had previously served as CEO of the group's government programs, running its programs for Medicare and Medicaid recipients.

Persons: Brian Thompson, Thompson Organizations: Manhattan's, York Hilton, New York Police Department, Mount Sinai, UnitedHealth, UnitedHealthcare Locations: Manhattan, York, Mount, UnitedHealthcare

☆ I've skied at over 20 resorts in the US. Many won me over, but there's one popular spot I wouldn't go back to.
▼ + stars: | 2024-12-04 | by ( ) www.businessinsider.com time to read: +4 min

After visiting Brighton Resort twice, I wouldn't go back. I've had the opportunity to ski at over 20 resorts across the United States, and five of them were located in Utah. Although that's the experience I've had at most resorts, one beloved Utah destination has let me down: Brighton Resort. AdvertisementBrighton's lift lines were significantly longer than other ski resorts I've been toBrighton Resort can get really crowded because so many people want to try out its slopes. The ski resorts on the pass are known for their excellent runs, top-notch amenities, and overall upscale atmosphere, which attracts many tourists.

Persons: I've, I'd, Abby Price Brighton, it's, Abby Price Utah Organizations: Brighton Resort, Ikon, Brighton Locations: United States, Utah, Brighton, Ikon, Alta, Snowbird

☆ Analysis: The troubled history of martial law, coups and toppled presidents many hoped South Korea had left behind
▼ + stars: | 2024-12-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +6 min

Yoon was forced to back down and lifted the martial law order just hours later, after lawmakers unanimously voted to block the decree amid a fierce national outcry. That was the last time martial law was declared in South Korea. Seoul citizens walk beside an army tank on Saturday, Oct. 27, 1979, after martial law was declared following the death of President Park Chung-Hee. Outsted South Korean leader Park Geun-hye arrives at a court in Seoul, South Korea, August 25, 2017. Yoon also faces rising discord within his party, which has opposed his move to introduce martial law and called it unconstitutional.

Persons: Park Chung, Yoon Suk Yeol, Yoon, “, ”, Yoon’s, Chun, Hee, Kim Chon, Roh Moo, Lee Myung, Chung, Park, hye, Kim Hong, Leif, Eric Easley, Yonhap Organizations: CNN, Yonhap News Agency, Min Consulting, National Assembly, Ewha University, Democracy Party, People Power Party Locations: South Korea, South, Seoul, Japan, Gwangju, Korean

☆ Expect one big 'thread the needle' reconciliation bill with Trump tax cuts next year: House Ways and Means Chair Jason Smith
▼ + stars: | 2024-12-04 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +9 min

This view is leading Smith to push for one big reconciliation bill covering many of President-elect Trump's major priorities, from energy to immigration and tax cuts. Cost of tax cuts in deficit hawk worldOne of the top concerns on the Hill is a cost from Trump's expiring 2017 tax cuts that alone runs to $4.6 trillion, without taking into account any of the new tax cut promises he made on the campaign trail. New Trump tax cut promises and budget realityStill, on the issue of any new tax cuts, Smith said it will "depend on the appetite of Congress. "I am confident the tax rate will stay at 21%," he said, referencing a view held by many tax experts that the only certainty for large companies is that the tax rate will not increase. The income from tariffs is not necessarily consistent and easy to score, with limited history of tying tariffs to tax policy.

Persons: Donald, Jason Smith, Smith, Trump's, Trump, Emily Wilkins, John Thune, it's, Mike Crapo, we're Organizations: CNBC, Summit, Washington , D.C, GOP, CNBC Washington, Capitol, Taxation, New Trump, Trump, Congress Locations: Washington ,, Idaho, New York , New Jersey, California

☆ Bill Gates: This childhood habit helped me end up a billionaire—it was 'crucial to my success later on'
▼ + stars: | 2024-12-04 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Bill Gates isn't sure he would've become a billionaire if he'd grown up like kids today, dealing with the distractions of smartphones and social media. Gates, the co-founder and ex-CEO of Microsoft, helped make computers and the internet ubiquitous. Constant use of smartphones and social media can also negatively affect young people's memory, ability to concentrate and attention spans, research shows. Gates touted his "play-based childhood" — which inspires creative thinking, research shows — over the "phone-based childhood" that many kids today experience, according to Haidt's book. "Our attention spans are like muscles, and the non-stop interruptions and addictive nature of social media make it incredibly difficult for them to develop," Gates wrote.

Persons: Bill Gates isn't, he'd, Gates, misbehaving —, Jonathan Haidt, Gen Zers Organizations: Microsoft, New York University

☆ France's political chaos casts long shadow over economic growth
▼ + stars: | 2024-12-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

The administration is widely seen as likely to be ousted, just three months after it was formed. Greece had briefly lost its investment grade credit rating status amid the euro area debt crisis, which led to the nation's sovereign default. "Beyond economic growth and stability, this will send debt in a non-sustainable direction in France." Analysts at Dutch bank ING, who previously forecast French growth slowing from 1.1% in 2024 to 0.6% in 2025, said Tuesday that the fall of Barnier's government "would be bad news for the French economy." Loading chart..."At a time when economic growth in France is slowing markedly, this is bad news.

Persons: Joel Saget, Michel Barnier, Barnier —, Emmanuel Macron, Macron, Barnier, Carsten Nickel, Nickel, Maybank, Javier Díaz, Giménez, Gilles Moëc, Moëc Organizations: Afp, Getty Images, Assembly, Spain's IESE Business School, CNBC, ING, AXA Locations: Paris, Germany, France, Greece

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