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☆ A Tesla owner says she made a 9-day rural road trip through a town without an EV charger by trickle charging from an outlet at an abandoned gas station
▼ + stars: | 2023-08-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Kathleen Goforth went on a 9-day road trip to the Carrizo Plain National Monument, California. Kathleen Goforth said she took her Tesla Model Y on a 9-day road trip through a rural area and had to get creative at one point when it came to charging. "There are no services within or anywhere near the Monument – no food, water, gas stations, and, certainly, no EV charging stations. Earlier this year, another Tesla owner said he faced some "hiccups" on a 6,392-mile road trip but that he ultimately found the carmaker's Autopilot driver assist feature to be a "lifesaver." A Hyundai Ioniq 5 EV owner previously told Insider that successful EV road trips needed to be properly plotted out.

Persons: Kathleen Goforth, Goforth Organizations: Morning, Tesla, EV, Department of Transportation, Kia EV Locations: Carrizo, , California, San Luis Obispo County , California, California

☆ Jose Llana (a.k.a. Ferdinand Marcos) Makes a Home in the Hamptons
▼ + stars: | 2023-08-01 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

And here sits Jose Llana — he plays Ferdinand — in the kitchen of the Hamptons, N.Y., weekend house he shares with his husband, Erik Rose, a real estate executive. At home, the Filipino-born Mr. Llana, 47, seems a perfect lamb. There he is eight times a week, imposing martial law. He also starred in the subsequent tours of “The King and I” around the United States and Britain. “It was an incredible thing to be able to come back after all that time and say, ‘OK, what are we going to do with this lump of cash we now have?’” recalled Mr. Llana.

Persons: David Byrne, Fatboy Slim poperetta, Ferdinand, Imelda Marcos, Jose Llana —, Ferdinand —, Erik Rose, Llana, Ken Watanabe, —, ’ ” Organizations: Broadway, Hamptons, N.Y, Lincoln Locations: Siam, United States, Britain

Sheila Oliver, who made history as the first Black woman to hold statewide-elected office in the Garden State, has died, her family said. We will remember her commitment to the people of New Jersey and her tireless efforts to uplift the community.”On Monday, New Jersey Gov. Phil Murphy’s office said Oliver was receiving medical care and was unable to serve as acting governor while he was on vacation. New Jersey State Senate President Nicholas Scutari assumed the duties of acting governor as of Monday morning, Murphy’s office said. “When I selected her to be my running mate in 2017, Lieutenant Governor Oliver was already a trailblazer in every sense of the word,” Murphy said in a statement.

Persons: Gov, Sheila Oliver, Oliver, “ Sheila Y, ”, Phil Murphy’s, Nicholas Scutari, “, ‘, ” Oliver, Murphy, Governor Oliver, ” Murphy Organizations: Washington CNN —, Garden State, , New, , New Jersey Gov, Democrat, Columbia University, New, New Jersey General Assembly, Lincoln University, Community Organization, Planning, Administration, General Locations: Washington CNN — New Jersey, Garden, New Jersey, ,, , New Jersey, . New Jersey, ’, of New Jersey

In his address, Xi said the military must broaden its combat capability and readiness, the official Xinhua news agency reported. "We need to push for new equipment and new forces to accelerate forming combat capabilities and integrate into the combat system," Xi told the Peoples Liberation Army Air Force's western theatre command during a visit last Wednesday, Xinhua reported on Sunday. Marking the anniversary on Tuesday, an editorial in the official PLA Daily newspaper said the military had "enhanced its ability to carry out diversified military tasks in a wider space". "When the Chinese military conducts an exercise, it is showing force - it is bestowing or sending a message to other countries," he said. At sea, China is readying its aircraft carriers to extend and assert its power beyond its home waters.

Persons: Xi Jinping, Florence, HONG KONG, Xi, Song Zhongping, Drew Thompson, National University of Singapore's Lee, Thompson, Tsai Ing, Kevin McCarthy, China's J, Shi Yunjia, Greg Torode, Albee Zhang Organizations: Communist Party of China, Military Museum of, REUTERS, People's Liberation Army, PLA, Xinhua, Peoples Liberation Army Air, PLA Daily, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, Reuters, People's, of Army, U.S, House, China Morning Post, Western, Thomson Locations: Beijing, China, HONG, Tuesday's, Russia, United States, U.S, Washington, Taiwan, Japan, Shandong, Fujian, South Korea, Guam

☆ Apps Like Dipsea and Quinn are Redefining Pleasure for Women
▼ + stars: | 2023-07-31 | by ( Sarah Diamond | ) www.nytimes.com time to read: +10 min

AudioStories AreRedefiningPleasure forWomen Apps like Dipsea and Quinn have become popular destinations, particularly for some women who find them safe spaces to explore their sexuality. On average, subscribers for Dipsea are women between 18 and 34, the company said, while Quinn’s are women ages 18 to 24. I s w a l l o w e d a s m a l l m o a n . ” “ H m , c o m e h e r e t h e n . ” “ G e t i t o u t o f o u r s y s t e m s .

Persons: Quinn, Liz, Sevyn, Dipsea, Bloom, ”, Caroline Spiegel, Evan, “, ” Ms, Spiegel, Hannah Albertshauser, Michael, Albertshauser, you’re, Mal Harrison, Dominnique Karetsos, Karetsos, Dame, Gina Gutierrez, Faye Keegan, ” ‘ It’s, Liv Trexler, it’s, Trexler, “ It’s, ” Angela Sarakan, ” Olivia Taylor, that’s, ’, Ms, Taylor, Aisha Jordan, Jordan, Nicole Prause, Prause, Lone Wolf, Shannon Lin Organizations: Facebook, Center for Erotic Intelligence, Healthy, Group, Getty Images Locations: California, Germany, Brooklyn

☆ Morning Bid: Beijing stimulus given benefit of the doubt
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +3 min

Yet that merely stoked wagers Beijing would have to dole up sizable stimulus at some point or risk social unrest, particularly with youth unemployment rising. So far, domestic investors seem to be giving Beijing the benefit of the doubt - foreign funds have been shunning Chinese stocks for a while. Any rise in Japan's paltry yields should, theoretically, be a plus for the yen and a negative for yen-funded carry trades. This in part reflects the still huge gulf between Japan rates and emerging markets and the fact that many carry trades are funded at one month rates and rolled over. Right now, investors can still borrow yen for one month at -0.1% to buy pesos and earn 11.1%.

Persons: Wayne Cole, China's, it's, That's, Austan Goolsbee, Sam Holmes Organizations: Beijing, Nikkei, Bank of Japan, Federal Reserve Bank of Chicago, Western Digital Corp, Aercap, Thomson Locations: Wayne, Beijing, Asia, Pacific, Japan, Chicago

☆ Earnings playbook: How to trade some of the biggest reports this week, including Apple
▼ + stars: | 2023-07-31 | by ( Fred Imbert | ) www.cnbc.com time to read: +8 min

This quarter: Analysts polled by FactSet expect Merck to post a loss for the first quarter. Starbucks is set to report earnings after the bell, with management slated to hold a call at 5 p.m. This quarter: Analysts polled by FactSet expect double-digit earnings growth quarter over quarter. What history shows: Bespoke data shows Amazon earnings exceed earnings expectations 62% of the time. Apple is set to report earnings after the close, followed by a call at 5 p.m.

Persons: Goldman Sachs, Annika Kim Constantino, Merck, Merck's, Joe Biden's, SBUX, Bank of America's Sara Senatore, Senatore, Albert Bourla, —, They're, AMZN, FactSet, Annie Palmer, Morgan Stanley, Erik Woodring, — CNBC's Michael Bloom Organizations: Netflix, Merck, Apple, FactSet, CNBC, Prometheus Biosciences, Investment, Bank of America's, Pfizer, Management, Amazon Web Services, IDC Locations: China, 2Q23, New York, Carolina, Friday's

☆ Tesla to cut prices on some Model 3, Model Y in HK -media
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: 1 min

Companies Tesla Inc FollowBEIJING, July 31 (Reuters) - U.S. automaker Tesla (TSLA.O) is set to cut prices on multiple variants of its Model 3 and Model Y vehicles in Hong Kong from Aug. 4, Hong Kong Economic Times reported on Monday. The discounts would range from 6% to 11.9%, according to the report. Reporting by Beijing NewsroomOur Standards: The Thomson Reuters Trust Principles.

Persons: Tesla Organizations: Tesla Inc, BEIJING, U.S, Hong Kong Economic Times, Beijing, Thomson Locations: Hong Kong

☆ What does Elon Musk's 'Burnt Hair' perfume really smell like? We asked our newsroom to do a blind test of the new fragrance.
▼ + stars: | 2023-07-30 | by ( Lakshmi Varanasi | Sarah Jackson | ) www.businessinsider.com time to read: +6 min

Elon Musk's Boring Company launched a $100 perfume called "Burnt Hair" in October. Last October, he added "perfume salesman" to his list when he began selling a scent called "Burnt Hair" to the world. The unisex fragrance is sold through The Boring Company, where it was originally listed for $100. Upon sniffing Burnt Hair directly from the bottle he concluded that it actually smelled better than most perfumes. "It's pretty gross…It does smell like burnt hair."

Persons: Elon, Elon Musk, Musk, it's, Boring, Madeline Renbarger, Nathan McAlone, Darius Rafieyan, Rafieyan, Taylor Rains, Meghan Morris, Maddie Berg, who'd, Brad Davis, Tim Levin Organizations: Elon Musk's Boring Company, SpaceX, The, Company, Twitter, The Boring Company, eBay, Boring Company, Boring, Aviation, Transportation Locations: Colorado

☆ Michelle Yeoh marries longtime partner Jean Todt
▼ + stars: | 2023-07-30 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +3 min

CNN —Oscar-winner Michelle Yeoh has married her longtime partner Jean Todt in a ceremony in Switzerland – nearly two decades after the French businessman first proposed to her. We love you and here’s to many more to come,” the Malaysian actress wrote. The post included images of the two exchanging rings and another of them sitting snuggled together on a bed decorated with flower petals. Todt posted the framed image on the platform X, formerly known as Twitter, over the weekend, thanking long-time Bond producer Barbara Broccoli for the “touching” wedding gift. Todt, who made his name as a World Rally Championship co-driver, is also a former president of Formula 1’s governing body, the Federation Internationale de l’Automobile.

Persons: CNN — Oscar, Michelle Yeoh, Jean Todt, Yeoh, Todt, Felipe Massa, “, M.Y, Oscar, ” Yeoh, don’t, Marvel, Rich Asians ”, ”, Pierce Brosnan, James Bond, Barbara Broccoli, General’s Organizations: CNN, Switzerland –, Ferrari, Academy, Rich Asians, Formula, Internationale de, United Nations Locations: Switzerland, French, Malaysian, Shanghai, J.T, Geneva, Hong Kong

☆ I'm an engineer on one of the most innovative teams at Ken Griffin's Citadel. Here are 7 lessons that have been critical to my rise at the $59 billion hedge fund.
▼ + stars: | 2023-07-30 | by ( Bianca Chan | ) www.businessinsider.com time to read: +7 min

Kristofer Baxter leads a team of about 20 UI engineers at Citadel, a $59 billion hedge fund. Now I work at Citadel, leading user interface (UI) on the Citadel X team. But it's really important to be quick. We work really closely with front-office partners and investment professionals so we know what to build. The really important thing there is that you can't be afraid of scale, or even failure.

Persons: Kristofer Baxter, Bianca Chan, Ken Griffin, I've, iterating Organizations: Citadel, Citadel X, Netflix, LinkedIn, Google Locations: Miami

☆ Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
▼ + stars: | 2023-07-30 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

The price hikes have led some beloved third-party Reddit apps such as Apollo to shut down, instigating an uproar among the website's community of volunteer moderators, who often rely on third-party apps to run the site's 100,000+ discussion communities, called subreddits. But tensions remain high, and some say that if Reddit doesn't rebuild trust, its most passionate users will go elsewhere. Ohanian rejoined Reddit as executive chairman in 2014 and Huffman rejoined as CEO the next year. But it's not just tech giants who use Reddit's API. These third-party apps are largely just alternatives to Reddit's official mobile app, which didn't even exist until 2016.

Persons: Reddit, David DeWald, Alexis Ohanian, Steve Huffman, Paul Graham, Ohanian, Huffman, Y Combinator, Condé Nast, Debra Aho Williamson, George Floyd's, it's, Apollo, Jakub Porzycki Organizations: University of Virginia, Advance, Facebook, Insider Intelligence, GameStop, AMC, Google, Getty

☆ On tap this week: Jobs report plus 10 key earnings. Here's what we want to see
▼ + stars: | 2023-07-29 | by ( Zev Fima | ) www.cnbc.com time to read: +18 min

All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.

Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho

☆ How New Zealand's plan for English and te reo Māori road signs took an unexpected turn
▼ + stars: | 2023-07-29 | by ( Chris Lau | ) edition.cnn.com time to read: +12 min

But plans to introduce bilingual road signs featuring both the English and te reo Maori languages have sparked a divisive, racially charged debate ahead of the country’s looming general election. Slightly less than a quarter of New Zealand’s 892,200 Maori speak te reo Maori as one of their first languages, according to the latest government data. Part of the reason that te reo Maori is not so widely spoken is that back in New Zealand’s colonial era there were active efforts to stamp it out. The Native Schools Act 1867 required schools to teach in English where possible and children were often physically punished for speaking te reo Maori. “The primary objective of these standards is to guarantee that all road signs are unambiguous, uniform, and legible to all,” he said.

Persons: Simeon Brown, Chris Hipkins, “ I’m, ”, Marty Melville, Awanui Te, Tania Ka’ai, “, ” Ka’ai, –, Kasem Choocharukul, Kasem, Huw Fairclough, James Griffiths ,, Puakea Nogelmeier, Nogelmeier Organizations: CNN, reo, Zealand, Waka, NZ Transport Agency, New, National, Labour Party government, National Party, Labour, Getty, Native, Victoria University of Wellington, Zealanders, The International, Language, Auckland University of Technology, Chulalongkorn University, Research, University of Leeds, Wales –, New Zealand, Welsh, Welsh Language Society, Gaelic, Constitutional Convention, Hawaiian, University of Hawaii, Hawaii’s Department of Transportation, Wales Locations: Aotearoa, Wellington , New Zealand, AFP, New, New Zealand, Zealanders, Wales, United Kingdom, Thailand, Tredegar , Wales, Republic of Ireland, Hawaii, Olelo Hawai’i, Llanfair, Anglesey, Europe, Hawke’s

☆ BBVA plans 1 bln euro buy-back as Mexico, Spain drive profits
▼ + stars: | 2023-07-28 | by ( Jesús Aguado | ) www.reuters.com time to read: +3 min

The Spanish bank also announced a 1 billion euro share buy-back programme. It follows a smaller additional share buy-back earlier this year and a 3.2 billion euro programme it completed in 2022. In the case of Caixabank, the new buy-back programme follows a 1.8 billion euros share buy-back in 2022. In Mexico, the bank's net profit rose 32% while net interest income climbed 38%. In Spain, net profit more than tripled versus a year earlier while NII was up 51%.

Persons: BBVA's, Jefferies, NII, Jesús Aguado, Emma Pinedo, Inti Landauro, Jason Neely, Robert Birsel Organizations: BBVA, Reuters, Thomson Locations: MADRID, Mexico, Spain, Turkey, Caixabank, Turkish

☆ Ford CEO says Tesla is having a Model T moment — it's Elon Musk's 'next big test'
▼ + stars: | 2023-07-28 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Ford CEO Jim Farley said Tesla's price cuts are reminiscent of Ford's Model T days. Where Tesla sits right now reminds Ford CEO Jim Farley a lot of the early days of his own auto company. "They got through Model 3 and Model Y commercialization in the plant and scaling production. Ford and Tesla have been both friends and rivals over the past few years as Ford races to electrify and snatch up some of Tesla's market share. I've always said that our main competition in the pure electric space is going to be BYD and Geely and Tesla," Farley said.

Persons: Jim Farley, Farley, Elon Musk, Tesla, Robert Llewellyn, Henry Ford, Ford, We've, I've, It's Organizations: Ford, EV, Tesla, GM, Volkswagen, Motors, BMW

☆ Get the lowdown on 'e/acc' — Silicon Valley's favorite obscure theory about progress at all costs, which has been embraced by Marc Andreessen
▼ + stars: | 2023-07-28 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

There's a new ideological interest in Silicon Valley: effective accelerationism. It's called effective accelerationism. The more formalized e/acc idea has taken shape on Twitter and through Substack newsletters since 2022. In an e/acc world, no idea that offers hypothetical value should be considered too absurd, too dangerous, too out there to make a reality. But one thing does seem certain: as long as AI remains front and center, so too will effective accelerationism.

Persons: Marc Andreessen, It's, Garry Tan, Sam Bankman, Fried, Michael M, Nick Land, Freeman, ChatGPT, Marc Andreessen's, Tan, Y Organizations: Tech, acc, Morning, Twitter, Getty, University of Warwick Locations: Silicon Valley, British, Francisco

SummaryCompanies Q2 profits slump 56% at Shell, 49% at TotalEnergies y/yOil, gas, LNG prices much lower in 2023 vs 2022TotalEnergies sees LNG prices recover somewhat in winterShell slows pace of share buyback programmeLONDON/PARIS, July 27 (Reuters) - Shell (SHEL.L) and TotalEnergies (TTEF.PA) reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakened. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages eased amid global economic challenges. Reuters GraphicsShell's shares were down 1.9% at 0755 GMT and TotalEnergies' slipped 0.4%, compared with a 1% decline in the European index of oil and gas companies (.SXEP). Prices for liquefied natural gas (LNG), a key product for both groups, dropped to $11.75 per million British thermal units (mmBtu) from around $33. Both Shell and TotalEnergies had flagged shrinking profit from refining crude oil into fuel and chemicals in the quarter.

Persons: TotalEnergies, Shell, Wael Sawan, Patrick Pouyanne, Ron Bousso, Shadia, America Hernandez, Susan Fenton Organizations: Shell, Reuters Graphics, Brent, Thomson Locations: PARIS, Ukraine, TotalEnergies

☆ Tesla’s secret team to suppress thousands of driving range complaints
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +21 min

He expected to get something close to the electric sport sedan’s advertised driving range: 353 miles on a fully charged battery. Driving range is among the most important factors in consumer decisions on which electric car to buy, or whether to buy one at all. Electric cars can lose driving range for a lot of the same reasons as gasoline cars — but to a greater degree. The EPA said all the changes to Tesla’s range estimates were made before the company used the figures on window stickers. Independent automotive testers commonly examine the EPA-approved fuel-efficiency or driving range claims against their own experience in structured tests or real-world driving.

Persons: Alexandre Ponsin, ”, Tesla, Elon Musk, “ Elon, Scott Case, Case, Gregory Pannone, Pannone, “ They've, carmaker, Ford, I’m, ” Pannone, ” Jonathan Elfalan, Edmunds, Elfalan, ” Elfalan, Santa Clara –, Ponsin, ” Ponsin, “, Steve Stecklow, Norihiko, Heekyong Yang, Peter Henderson, Eve Watling, Lucy Ha, Ilan Rubens, Brian Thevenot Organizations: Reuters, Tesla, South, Environmental Protection Agency, EPA, Ford, Chevrolet, Hyundai Kona, National Science Foundation, SAE International, U.S, Porsche, Benz, EV, Independent, General Motors, Hyundai, Korea Fair Trade Commission, Virtual Service, Santa, San Francisco Art Locations: AUSTIN, Texas, Colorado, California, Las Vegas, Austin , Texas, Nevada, U.S, Seattle, Vegas, Henderson, Utah, Santa Clara, London, Austin, Seoul, San Francisco

☆ Why you should still consider a Tesla despite all the new competition, according to one of YouTube's most popular car reviewers
▼ + stars: | 2023-07-27 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The Tesla Model 3 and Y are some of his top picks, even though tons of new rivals have hit the map. Despite intensifying competition from big-name brands, Elon Musk's carmaker still makes some of the best electric vehicles out there, according to one of the internet's biggest car reviewers. Doug DeMuro, whose YouTube channel has racked up 4.7 million subscribers, told Insider that Tesla's Model 3 and Model Y are some of his go-to recommendations for EV-curious car buyers. The Model 3 sedan offers up to 333 miles of range, per the EPA, while the Model Y SUV provides up to 330 miles. It's $40,240 for the Model Y.

Persons: Doug DeMuro chatted, Tesla, Elon Musk's carmaker, Doug DeMuro, DeMuro, They're, Kelley, Kia EV6 Organizations: Tesla, Morning, Elon, EV, Hyundai, Ford

☆ Sen. Gillibrand on Congress stock trade ban: Members have access to non-public information
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Gillibrand on Congress stock trade ban: Members have access to non-public informationSen. Kirsten Gillibrand (D-N.Y.) and Sen. Josh Hawley (R-Mo.) join 'Squawk Box' to discuss the push to ban U.S. lawmakers, senior executive branch officials and their families from owning and trading stocks, why exceptions for blind trusts should not be allowed, and more.

Persons: Email Sen, Gillibrand, Sen, Kirsten Gillibrand, Josh Hawley Organizations: Email

☆ Beyond the City, Summertime Theater That’s Worth the Drive
▼ + stars: | 2023-07-27 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +1 min

This company has a knack for magnificent vistas. Its new home is high above the Hudson River in Garrison, N.Y., with breathtaking views. Picnicking, should you care to, is very much part of the preshow experience, and performances are alfresco, under a sturdy, festive, big white tent. But productions here often use the landscape just outside for striking tableaus, with the tent’s wide, arced entrance framing bits of action on the sloping lawn. (hvshakespeare.org)

Persons: Henry V ”, Davis McCallum, Amanda Dehnert, André, Penelope ”, ”, Eva Steinmetz, Alex Bechtel, Grace McLean, Steinmetz Locations: Garrison, N.Y

☆ Tesla created secret team to suppress thousands of driving range complaints
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: +19 min

He expected to get something close to the electric sport sedan's advertised driving range: 353 miles on a fully charged battery. The directive to present the optimistic range estimates came from Tesla Chief Executive Elon Musk, this person said. Driving range is among the most important factors in consumer decisions on which electric car to buy, or whether to buy one at all. Electric cars can lose driving range for a lot of the same reasons as gasoline cars — but to a greater degree. Independent automotive testers commonly examine the EPA-approved fuel-efficiency or driving range claims against their own experience in structured tests or real-world driving.

Persons: Daniel Acker, Alexandre Ponsin, Tesla, Elon Musk, Elon, Scott Case, Case, Gregory Pannone, Pannone, carmaker, Ford, Jonathan Elfalan, Edmunds, Elfalan, They've Organizations: Tesla Motors Inc, North American, Bloomberg, Getty, Reuters, Tesla, South, Environmental Protection Agency, EPA, Ford, Chevrolet, Hyundai Kona, National Science Foundation, SAE International, U.S, Porsche, Benz, EV, Independent, General Motors, Hyundai, Korea Fair Trade Commission, Service Locations: Detroit , Michigan, Colorado, California, Las Vegas, Austin , Texas, Nevada, U.S, Seattle, Vegas, Henderson, Utah

☆ Fact Check-No proof of ‘deadly mosquitoes’ at AFRAM in Baltimore
▼ + stars: | 2023-07-26 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

AFRAM, an annual cultural festival celebrating Black excellence, was held over Juneteenth weekend at Druid Hill Park in Baltimore, Maryland (here), (aframbaltimore.com/about-afram). Weeks later, Instagram posts shared a clip from the festival that shows attendees swatting and fanning themselves and includes the text: “Helicopter released deadly mosquitoes in Baltimore, MD AFRAM 2023” (here). In other posts from the event, however, users say the flying bugs were gnats, not mosquitoes (here), (here). MALE MOSQUITOES SWARM, DON’T BITEMale mosquitoes swarm to mate but don’t bite, and the swarming flies in social media posts do not look like mosquitoes, said George Dimopoulos, a deputy director of the Johns Hopkins Malaria Research Institute (here). Social media clips of a Baltimore festival do not show “deadly mosquitoes,” entomology and health experts said.

Persons: Weeks, Baltimore Mayor Brandon Scott, Michael Raupp, gnats, Raup, Brian Federici, midge, ”, George Dimopoulos, Johns, Laura Harrington, “, Arinze Ifekauche, Dimopoulos, Read Organizations: Baltimore, Helicopter, Baltimore Mayor, University of Maryland, University of California, Johns Hopkins Malaria Research Institute, Cornell University, Health Department, Maryland Department of Agriculture, Reuters Locations: Maryland, Baltimore City, Druid, Baltimore , Maryland, Baltimore, Riverside

☆ Taiwan chipmaker UMC sees 'uncertain' demand, gearing up for AI
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

SummaryCompanies Wafer demand 'uncertain' in Q3UMC says gearing up to meet AI demandQ2 revenue -21.9% y/y, +3.8% q/q2023 capex guidance unchanged at $3 blnTAIPEI, July 26 (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday that it sees "uncertain" demand in the third quarter but stuck to its 2023 capital spending plans as its gears up to meet customer demand for artificial intelligence (AI). The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from cars to cellphones. "Looking into the third quarter, wafer demand outlook is uncertain given prolonged inventory correction in the supply chain," he added. However, the company kept its guidance for capital spending this year at $3 billion, compared with $2.7 billion for last year. "We are gearing up to offer the necessary silicon interposer technology and capacity to fulfil emerging AI market demand from customers," Wang said.

Persons: TSMC, Jason Wang, Wang, UMC, Ben Blanchard, Christina Fincher Organizations: United Microelectronics Corp, chipmaker, Qualcomm Inc, Germany's Infineon, UMC's, Thomson Locations: TAIPEI, U.S, UMC's Taipei, Taiwan

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