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☆ Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
▼ + stars: | 2024-10-30 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

"It is clear we need to fundamentally change our strategy to win back customers," CEO Brian Niccol said in a statement. Shares of the company fell 1% in extended trading on Wednesday. The company's global same-store sales fell 7%, fueled by weak demand in the U.S. and China. The company's U.S. restaurants reported same-store sales declines of 6%, fueled by a 10% tumble in traffic. In China, the company's same-store sales plummeted 14% as both traffic and average ticket fell.

Persons: Brian Niccol Organizations: Starbucks, LSEG Locations: U.S, China

☆ Coinbase shares tumble as muted crypto trading leads to a third-quarter miss
▼ + stars: | 2024-10-30 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market. Coinbase has been an active lobbyist for the crypto industry this year, spending millions backing pro-crypto political action committees. While crypto price action has been tepid, the market cap for stablecoins reached new highs, helping push Coinbase's third-quarter stablecoin revenue to $246.9 million. That revenue could be challenged in the current quarter with interest rates expected to continue coming down.

Persons: Bitcoin, Coinbase, Stablecoins, stablecoins Organizations: Nasdaq, Coinbase, LSEG, Revenue Locations: New York, U.S

☆ Owner of Bronx day care where toddler died after ingesting fentanyl pleads guilty to federal charges
▼ + stars: | 2024-10-29 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

NEW YORK — A woman who owned a New York City day care center where a toddler died after ingesting fentanyl pleaded guilty to federal drug charges Tuesday. More than a year after the September 2023 death of 22-month-old Nicholas Dominici, Grei Mendez entered the guilty plea in Manhattan to charges including conspiracy to distribute narcotics resulting in death. Earlier this month, her husband, Felix Herrera-Garcia, was sentenced to 45 years in prison after pleading guilty to drug charges and causing bodily harm. Mendez said her husband encouraged her to open the day care center, and she believed he was doing it to help her. Three other children exposed to the fentanyl at the day care survived after medics administered the overdose-reversing drug Narcan.

Persons: Nicholas Dominici, Grei Mendez, Felix Herrera, Garcia, NBC New York Mendez, ”, Mendez, ” Mendez, Damian Williams, “ Grei Mendez, “, didn’t Organizations: New, NYPD, NBC New York, Police, Prosecutors Locations: New York City, Manhattan, New York, Bronx

☆ McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
▼ + stars: | 2024-10-29 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's on Tuesday reported quarterly earnings and revenue that beat analysts' expectations as its U.S. restaurants reversed last quarter's same-store sales decline. It's the second straight quarter that the company's same-store sales have fallen. U.S. same-store sales rose 0.3%, reversing last quarter's same-store sales declines but still slightly weaker than the 0.5% increase predicted by StreetAccount estimates. The company's two international divisions both reported steeper declines in same-store sales compared with the prior quarter. The international developmental licensed markets division reported same-store sales declines of 3.5%, driven by weak demand in the Middle East and China.

Persons: McDonald's, Ian Borden, Chris Kempczinski, Kempczinski Organizations: Health, LSEG Locations: France, Germany, Australia, East, China

☆ 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

☆ AMD shares fall as forecast fails to impress despite strong AI growth
▼ + stars: | 2024-10-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by the increasing demand for AI chips. AMD is the second-largest vendor of data center graphics processing units, or GPUs, which are used to train and deploy large generative AI models. AMD's AI chips are reported in its data center segment, which more than doubled on an annual basis to $3.5 billion in total sales. Overall data center revenue was up 122% year over year. AMD's gross margin expanded to 54%, which the company said was because of higher data center revenue.

Persons: Lisa Su, Su Organizations: Devices, AMD, Nvidia, Broadcom, Microsoft, Windows, Sony PlayStation

☆ Anthony Volpe’s grand slam lifts Yankees in Game 4, staves off Dodgers World Series sweep
▼ + stars: | 2024-10-29 | by ( Andy Mccullough | ) www.nytimes.com time to read: +5 min

Volpe gave the Yankees a lead in this series for the first time since Game 1. From there, the bullpen hung tough and held off the Dodgers long enough to force Game 5 on Wednesday in the Bronx. The Yankees became only the fourth team in baseball history and the first since 1970 to avoid a sweep in the World Series when down, 3-0. From there, the Dodgers appeared on the verge of the sweep, before Volpe took Dodgers reliever Daniel Hudson deep. Before the game, Dodgers manager Dave Roberts discussed the importance of length from two rookie pitchers, Ben Casparius and Landon Knack.

Persons: Aaron Boone, Anthony Volpe, “, ” Boone, Boone, Volpe, Gerrit Cole dueled, Jack Flaherty, Daniel Hudson, serenaded Volpe, idolizing Derek Jeter, Freddie Freeman, Austin Wells, Wells, Gleyber Torres, Brent Honeywell, Aaron Judge, Dave Roberts, Ben Casparius, Landon Knack, Casparius, Knack, Freeman, Luis Gil, Alex Verdugo, Roberts, Hudson, Jazz Chisholm, Giancarlo Stanton, Anthony Rizzo, Gil, Will Smith, Tim Hill, Shohei Ohtani, Sarah Stier Organizations: New York Yankees, Yankees, Dodgers, Dodger, Yankees pilloried Dodgers, New York Mets, National League Locations: Bronx, New Jersey

☆ Trump appointed judge Aileen Cannon refuses to recuse from attempted assassination case
▼ + stars: | 2024-10-29 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

"Defendant cites a series of factors which he believes, when viewed in their totality, create an appearance of partiality," Cannon wrote. "Accordingly, the Constitution and the federal recusal statute require Your Honor to recuse herself from this case." She also wrote that Routh's case, like two other ones involving Trump that she presided over, "were randomly assigned to me through the Clerk's random assignment system. "I will not be guided by highly inaccurate, uninformed, or speculative opinions to the contrary," Cannon wrote. Cannon brushed aside the speculation that Trump would elevate her to a higher judicial seat or to the U.S. Attorney General's Office.

Persons: Donald Trump, Trump, Aileen Cannon, Ryan Routh, recusing, Cannon, Routh, Kamala Harris, Attorney General's Organizations: Trump, Federal, Office, ABC, U.S, Secret Service, Attorney Locations: Florida, U.S, West Palm

☆ Anthony Volpe, Yankees slam brakes on Dodgers in Game 4: Takeaways
▼ + stars: | 2024-10-29 | by ( Fabian Ardaya | Tyler Kepner | ) www.nytimes.com time to read: +7 min

NEW YORK — The hometown kid came to the rescue on Tuesday, saving the New York Yankees from elimination in the World Series. Freddie Freeman set a record in defeat, becoming the first player to hit homers in six consecutive World Series games, a streak that began with Atlanta in 2021. Shohei Ohtani and the Dodgers never got much going and the Yankees pulled away with a late offensive explosion. AdvertisementThrough four games this series, the Dodgers have managed 12 runs off Yankees starters in 16 innings. In 19 2/3 innings against the Yankees bullpen, they’ve scored six — and just one since their furious comeback in Game 1.

Persons: Anthony Volpe, Luke Weaver —, Freddie Freeman, Freeman, Shohei Ohtani, Elsa, Getty, Ben Casparius, Landon Knack, Daniel Hudson, Volpe —, Juan Soto, Aaron Judge, Giancarlo Stanton, Volpe, Hudson, Austin Wells, Wells, Aaron Boone, Luis Gil, Ohtani, Tim Hill, they’ve, It’s, Luke Weaver, Weaver, Mookie Betts, Weaver, Teoscar Hernández, Max Muncy, Clay Holmes, Mark Leiter Jr, Tim Mayza, Boone, Gerrit Cole, hasn’t Organizations: New York Yankees, Yankees, Los Angeles Dodgers, Atlanta, Dodgers, National League, Mets, Knack, Yankees ’ bullpen, The Dodgers, Yankee, New Locations: New York, Bronx, Soto, Weaver, Los Angeles

☆ Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
▼ + stars: | 2024-10-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

China News Service | China News Service | Getty ImagesBEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over profitable exits. Last week, Horizon Robotics — a Chinese artificial intelligence and auto chip developer — and state-owned bottled water company CR Beverage went public in Hong Kong. The firm noted that Chinese delivery giant SF Express is planning for a Hong Kong IPO next month, while Chinese automaker Chery aims for one next year. Still, the overall pace of Hong Kong IPOs this year is slightly slower than expected, George Chan, global IPO leader at EY, told CNBC in an interview earlier this month. Hong Kong, then New York

Persons: Pony.ai, Didi, Marcia Ellis, Morrison Foerster, George Chan, Chan Organizations: Nasdaq, China News Service, Getty, U.S, Hong Kong Stock Exchange, CR Beverage, Renaissance, Hong, Chery, CNBC, IPOs Locations: BEIJING, U.S, Hong Kong, China, New York, Mainland China, New

☆ Snap shares jump 10% on profit beat, stock buyback
▼ + stars: | 2024-10-29 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Snap said its adjusted earnings for the fourth quarter will be between $210 million and $260 million. Shortly after Snap announced the new Spectacles, Meta CEO Mark Zuckerberg revealed his company's experimental AR glasses called Orion. In a letter to investors, Snap discussed the importance developers play for the company's Spectacles and AR initiatives. Prior to the after-hours pop, Snap shares were down 36% for the year compared to the Nasdaq's 25% gain.

Persons: Evan Spiegel, Mark Zuckerberg, Snap Organizations: LSEG Revenue, LSEG Global, Global, StreetAccount, Snap Locations: Los Angeles

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

☆ 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

☆ AMD's post-earnings slide is a buying opportunity. Here's why
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Bottom line The main part of our AMD thesis — fast-growing sales of its MI300 AI chips — is still on track, so we view the post-earnings pullback as a buying opportunity. Given how integral these AI chips are to AMD's growth, we were pleased management on Tuesday night raised its full-year sales projections to exceeding $5 billion. Another factor: AMD's chips passed some performance milestones with customers, Su said. We believe Su's AI roadmap — outlined at its AI event earlier this month — will lead to significant sales growth in 2025 and thereafter. Quarterly commentary Sales in AMD's all-important data-center segment came in $3.55 billion, exceeding estimates and more than doubling year over year.

Persons: We're, Lisa Su, Su, couldn't pare, Jim Cramer, —, Jim Cramer's, Jim Organizations: AMD, Nvidia, Intel, Club, Broadcom, ZT Systems, CNBC, Dell Technologies, Microsoft, Meta, Revenue, Visitors, Congress, Nurphoto, Getty Locations: AMD's, —, Shanghai, China

☆ S&P 500 futures tick higher as Alphabet shares jump on earnings beat: Live updates
▼ + stars: | 2024-10-29 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Futures tied to the broad market index added nearly 0.2%, while Nasdaq 100 futures inched up by 0.1%. Alphabet kicked off a major week for megacap tech earnings. The Google parent exceeded analysts' expectations as the company saw strong quarterly revenue growth from its cloud business, leading shares up 5% after market close. In anticipation of the Big Tech earnings releases, investors drove the Nasdaq Composite to a fresh record during Tuesday's trading session. "We are closely monitoring tech earnings releases to ensure businesses investment in artificial intelligence and other productivity enhancing tools remains robust to support strong future earnings growth."

Persons: Dow, It's, Rob Haworth, Haworth Organizations: New York Stock Exchange, Nasdaq, Dow, Google, AMD, Tech, Meta, Microsoft, Apple, Big Tech, NASDAQ, U.S, Bank Asset Management

☆ ‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone
▼ + stars: | 2024-10-29 | by ( Kevin Lim | ) www.cnbc.com time to read: +2 min

The Johor BahruSingapore Rapid Transit System (RTS) Link under construction near the JB Sentral building in Johor Bahru, Malaysia, as of Tuesday, Sept. 24, 2024. Sharon Kuok started studying in Singapore when she was seven, commuting daily to and from her home in the southern Malaysian state capital of Johor Bahru. We picked JB [Johor Bahru] because that's where I am from and for its proximity to Singapore," she said. Already, many people from Singapore have started visiting the Malaysian state regularly to shop and to enjoy services from car repair to massages and haircuts. The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed and the planned Johor-Singapore special economic zone (JS-SEZ) takes effect.

Persons: Sharon Kuok, She's, Kuok, Syuhada Organizations: Johor, Rapid, System, National University of Singapore, JB, Messe Berlin Asia, Singapore Locations: Johor Bahru, Malaysia, Singapore, Malaysian, Johor, Messe Berlin Asia Pacific

☆ 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

☆ Why ‘sin taxes’ could play a significant role in Britain’s high-stakes budget
▼ + stars: | 2024-10-29 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Hollie Adams | Afp | Getty ImagesBritain's Labour government appears poised to raise "sin taxes" in its highly anticipated October budget as it seeks to cash-in on lucrative industries to bolster Treasury revenues. Among a litany of measures, including a major change to the government's fiscal rules, Reeves is reported to be considering a sin tax raid. "Sin stocks are a good place to start. Shares of London-listed gambling stocks fell sharply on the news. A Treasury spokesperson was not immediately available to comment when contacted by CNBC about the prospect of sin taxes in the budget.

Persons: Keir Starmer, Rachel Reeves, Hollie Adams, Reeves, Michael, Britain's, William Hill, Paddy Power, Chris J, Ratcliffe, Bruce Morley, Morley, Morningstar's, Field, Alishia Abodunde Organizations: Britain's, Labour, Afp, Getty, Finance, Michael Field, Morningstar Analysts, Morningstar, CNBC, Guardian, London, Entain Plc, Bloomberg, Department, Environment, Food, Rural Affairs, Treasury, University of Bath, Imperial Brands, American Tobacco, Government Locations: London, Michael Field Europe, Europe, crosshairs, U.S, England, vapes

☆ Man pleads guilty to killing Memphis kindergarten teacher who was kidnapped on her morning run
▼ + stars: | 2024-10-28 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The Tennessee man charged with kidnapping and killing a kindergarten teacher during a morning run two years ago pleaded guilty to first-degree murder, officials said Monday. Cleotha Abston, 40, was sentenced to life without the possibility of parole, for the Sept. 2, 2022, murder of Eliza Fletcher, 34, the Shelby County District Attorney’s Office said in a statement. Memphis Police DepartmentFletcher, a mother of two, had gone for a run near the University of Memphis when Abston forced her into his vehicle. Abston was linked to Fletcher's death through surveillance video and forensic evidence, the prosecutor’s office said. Abston’s lawyer, Juni Ganguli, said he had advised Abston to accept an agreement with prosecutors.

Persons: Cleotha Abston, Eliza Fletcher, Memphis Police Department Fletcher, Abston, “, Liza, would’ve, ” Abston, Prosecutors, Juni Ganguli Organizations: Attorney’s, Memphis Police Department, University of Memphis, Associated Press, AP Locations: Tennessee, Shelby County, Memphis

For years, Republican activists have huddled in video meetings to talk about remaking democracy and plan for the election. They successfully lobbied for new state election laws and procedures, diving deep into the intricacies of election regulations. Earlier this year, Ms. Mitchell said she was called by God to shift her attention to the possibility that noncitizens were voting. They were involved in recent attempts to make it easier for State Election Board members to hold up certification while they conduct inquiries into the vote. Ms. Mitchell has talked about a federal elections overhaul should Republicans win the White House and Congress.

Persons: Donald J, Cleta Mitchell, Rebecca Dunn, Richard Uihlein, —, Mark Meadows, Russell T, Trump, Mitchell, Trump’s, John Eastman, I’ve, Donald Trump, badgered, illegals ”, ”, ” Ms, “, ” Patrice Johnson, Mike Johnson, Chip Roy, Ron Armstrong, Richard Silvestri, Matthew Seifried, Seifried, Claire Zunk, Janine Iyer, Elizabeth Ayoub, “ Janine, Johnson, Ned Jones, John Richards Jr, don’t, Jim Womack, Mr, Jones, I’m, we’ve Organizations: Republican, The New York Times, Trump, Network, Republican National Committee, Bradley Impact Foundation, Conservative Partnership Institute, Trump White House, Citizens, Gateway Pundit, Federalist, Republicans, United States, Tea Party, Michigan, Mr, Republican Party, Michigan Fair, North, United Sovereign Americans, American Legislative Exchange Council, White House Locations: America, In Nevada, Georgia, Texas, United, Michigan, Ron Armstrong , Michigan, chimed, Trump, Georgia , Michigan, Nevada, North Carolina

☆ Buy this tech firm that's quietly automating warehouses with robots, say Berenberg and Citi — giving it 50% upside
▼ + stars: | 2024-10-28 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

AutoStore , founded in 1996 and listed since 2021 in Norway, provides robots and technology to automate traditional warehouses. The company has grown to control approximately 80% to 90% of the market, according to German investment bank Berenberg. The investment bank initiated coverage with a price target of 15 Norwegian kroner ($1.37), pointing to roughly 50% upside from the current share price level. Analysts at Norway-based Arctic Securities have the most bullish outlook with an 18 Norwegian krone price target, indicating a 78% upside. Instead, they cited media reports that Amazon will likely rely on AutoStore's technology in its grocery rollout in the United States.

Persons: Lasse Stueben, Stueben, Martin Wilkie, Berenberg Organizations: Citi, THG plc, Securities, Big Tech Locations: AutoStore, Norwegian, Norway, Germany, Europe, British, United States

☆ Jeff Bezos defends Washington Post non-endorsement, says Americans 'don't trust' media
▼ + stars: | 2024-10-28 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021. Washington Post owner Jeff Bezos in an op-ed published Monday evening defended the newspaper's recent controversial decision not to endorse a candidate in the presidential election as a "meaningful step in the right direction" to reverse the loss of trust in the media by Americans. "I sighed when I found out, because I knew it would provide ammunition to those who would like to frame this as anything other than a principled decision," Bezos wrote. Even Limp didn't know about it in advance; the meeting was scheduled quickly that morning," Bezos wrote. "There is no connection between it and our decision on presidential endorsements, and any suggestion otherwise is false.

Persons: Jeff Bezos, Boris Johnson, Bezos, —, Will Lewis, Kamala Harris, Donald Trump, Dave Limp, Lewis, Limp Organizations: British, Washington Post, NPR, Amazon, Origin, Trump Locations: New York City

☆ Apple releases Apple Intelligence. Here's how to get it on your iPhone
▼ + stars: | 2024-10-28 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Manuel Orbegozo | ReutersApple on Monday released iOS 18.1, an update that includes the company's artificial intelligence, called Apple Intelligence, for the iPhone 16 and iPhone 15 Pro. "Given the staggered launch of Apple Intelligence, we expect iPhone demand to pick up post initial release of Apple Intelligence in late Oct," Bank of America Securities analyst Wamsi Mohan wrote in an Oct. 25 note. Opt inYou need an iPhone 15 Pro, iPhone 15 Pro Max or any iPhone 16 model to install and use Apple Intelligence. You also need to turn it on by asking for access to Apple Intelligence in the Settings app. Zoom In Icon Arrows pointing outwards Apple Intelligence can summarize important emails inside the Mail app.

Persons: Tim Cook, Steve Jobs, Manuel Orbegozo, Siri, Wamsi Mohan Organizations: Apple, Steve, Reuters Apple, Apple Intelligence, Nvidia, Apple Inc, iOS, " Bank of America Securities Locations: Cupertino , California

No E. coli was detected in samples of beef patties used in McDonald's Quarter Pounders that have been linked to a deadly outbreak, a company spokesperson said Sunday, citing tests by the Colorado Agriculture Department. The department has no further plans to test the beef patties, the company spokesperson said, and the patties have been ruled out as the source of the outbreak. The most likely source of contamination was slivered onions from a single source, the company spokesperson said, citing the Food and Drug Administration. McDonald’s stopped sourcing slivered onions from that source — Taylor Farms Colorado Springs — indefinitely on Sunday, the company spokesperson said, days after it removed the Taylor Farms onions from its supply chain. The McDonald's spokesperson said the company is confident asking beef suppliers to provide a fresh supply of patties for distribution.

Persons: McDonald’s, Matt Wise, McDonald's, Taylor, Taco Bell Organizations: Colorado Agriculture Department, Food and Drug Administration, Farms, Centers for Disease Control, Prevention, CDC, NBC News, . Foods, Taco, ! Brands, KFC, FDA Locations: Colorado, Colorado , Kansas , Wyoming, Taylor Farms Colorado, Taylor Farms, Taco Bell's

MIAMI GARDENS, Fla.— Despite calls to consider retirement, Miami Dolphins quarterback Tua Tagovailoa returned to the football field Sunday, playing his first game since he sustained the third concussion of his professional career last month. The crowd erupted into cheers, chanting, "Tua, Tua, Tua!" Tagovailoa told reporters last week he opted not to wear a Guardian Cap, saying it was a "personal choice." The NFL’s top doctor said Tagovailoa would gain minimal benefit because he already wears a newer, more protective helmet. Another fan, Brandon Derber, said, "If he wants to keep playing football, he should keep playing football, so, and I think honestly the way he's acting, he wants to perform pretty well."

Persons: Tua Tagovailoa, “ I’ve, Tagovailoa, Damar Hamlin, Read, Lester Holt ”, Mike McDaniel, " Tua, Tua, “ I’m, Carson Campbell, Brandon Derber Organizations: Miami Dolphins, Dolphins, Arizona Cardinals, Buffalo Bills, NBC, NFL, Cardinals Locations: MIAMI, Fla, Tua

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