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U.S. embassy in London reopens after suspicious 'hoax' item found
  + stars: | 2024-11-22 | by ( ) www.cnbc.com   time to read: +1 min
A police officer stands in front of the U.S. Embassy, amid ongoing investigation following an incident in London, Britain, November 22, 2024. British police said on Friday that a suspicious package left outside the U.S. embassy in London, which was blown up in a controlled explosion, was a hoax device, according to its initial indications. Police had earlier carried out a controlled explosion near the embassy building, a 12-storey purpose-built glass cube in Nine Elms, south London, and cordoned off some areas. "Initial indications are that the item was a hoax device," London's Metropolitan Police said. The embassy said it was back to normal business operations but that all public appointments for Friday had been cancelled.
Organizations: U.S . Embassy, U.S, Metropolitan Police Locations: London, Britain, Elms
FanDuel parent Flutter Entertainment is poised for even more gains ahead as its U.S. growth takes off, according to Goldman Sachs. Analyst Ben Andrews initiated coverage of the online sports betting operator with a buy rating and $320 price target. Andrews sees upside to Flutter's 2027 revenue guidance for existing states and sees double-digit percentage upside to Wall Street's consensus targets on Flutter's U.S. EBITDA in 2027 and 2028. S & P) and Flutter building a track record of consistent delivery and as a compounding cash generator." The company continues to acquire new customers in existing states, which "Flutter is doing more efficiently than competition, supported by their scale," Andrews said.
Persons: Goldman Sachs, Ben Andrews, Andrews Organizations: New York Stock Exchange, London Stock Exchange, U.S
In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.
Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago
These additives, along with high levels of sugar, salt and fat, help create the overwhelming lure of ultraprocessed foods. Ultraprocessed foods are typically high in added sugars, fats and salt; low in dietary fiber; and full of chemical additives, such as artificial colors, flavors and stabilizers. “There’s a lot of debate about whether or not all ultraprocessed foods are bad for you,” Hall said. Reduce intake of ultraprocessed foods — it’s really that simple.”Unfortunately, advisory committees are instructed to make recommendations using only the strictest science, Nestle added. It takes two overflowing trays of a mix of minimal and ultraprocessed foods to match the same energy density as one trayful of ultraprocessed foods.
Persons: Sam Srisatta, Srisatta, , Kevin Hall, Bert Lahr, Oz, , Jeff Greenberg, ” Hall, Marion Nestle, Paulette Goddard, Nestle, Hall, ” Nestle, “ It’s, It’s, LaMotte, Walter Willett, ” Willett, Dr, Fatima Cody Stanford, ’ ” Stanford, Deirdre Tobias, ” Tobias, Robert F, Kennedy Jr, Donald Trump’s, Kennedy, Bonnie Liebman, Liebman, they’ve, ” It’s, Kevin Hall’s, it’s, ” Srisatta, Sara Turner, ” Turner, Tera Fazzino, Fazzino, Sam Srisatta’s, won’t Organizations: CNN, Unit, National Institutes of Health Clinical, National Institute of Diabetes, Diseases, Cowardly, US Food and Drug Administration, Universal, FDA, Volunteers, Nutrition, Food Studies, Public Health, New York University, , World Health Organization, US Department of Agriculture, US Department of Health, Human Services, Harvard, of Public Health, Disease Prevention, Health, Harvard Medical School, Massachusetts General Hospital, , , Brigham, Women’s Hospital, Assistance, SNAP, Center for Science, NIH, University of Kansas Locations: Bethesda , Maryland, Bethesda, Japan, United States, Chan, Boston, Massachusetts
National Geographic released its annual "Pictures of the Year" issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Emperor penguins have been increasingly moving from low-lying ice to higher, more permanent ice shelves as climate change changes their environment, according to National Geographic. Source: Ami Vitale by National GeographicIn January, scientists at the BioRescue project transferred a southern white rhino embryo into a southern white rhino female. Only two are left, according to National Geographic. The cover of National Geographic's "Pictures of the Year" issue, dated December 2024, shows researchers in Gabon's Bongolo Cave.
Persons: Bertie Gregory, penguins, Ingo Arndt, Arndt, Ami Vitale, Concan, Babak Tafreshi, Jason Gulley, Gulley, I've, Davide Monteleone, Synhelion, Peter Fisher, he's, Fisher, Robbie Organizations: Geographic, Pictures, National, National Geographic, Germany's University of Konstanz, Taurus, CNBC Travel, Fanning, CNBC Locations: Antarctica, Konstanz, Germany, Kenya, Texas Texas, Texas, Fanning Springs, Park, Florida, Suwannee, Swiss, Antigua, Guatemala
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Chip War' author discusses Trump 2.0's impact on U.S. semiconductor policyChris Miller, associate professor at the Fletcher School at Tufts University and author of "Chip War: The Fight for the World's Most Critical Technology," discusses what Donald Trump's presidential election victory means for U.S. semiconductor policy and competition with China.
Persons: Chris Miller, Donald Trump's Organizations: Trump, Fletcher School, Tufts University Locations: China
We continue our series covering the first day at America's military colleges and academies with Norwich University in Vermont. The oldest of all of the private US senior military colleges, Norwich University predates Virginia Military Institute and The Citadel and is credited as the birthplace of the military's Reserve Officers' Training Corps, or ROTC. While about half of the university's students matriculate as civilians, the other half enlist in the Corps of Cadets, which follows a strict military training regimen. On day zero, incoming freshmen, known as "rooks" (short for "recruits"), say goodbye to their families before being indoctrinated by upperclassmen, known as cadre, into the lifestyle of a Norwich cadet.
Organizations: Norwich University in, Norwich University, Virginia Military Institute, The, military's, Training Corps, Corps, Cadets Locations: Norwich University in Vermont, Norwich
One of the most iconic catches in NFL history — a play that would change Odell Beckham Jr.’s life — started with a misunderstanding and a poor route. Odell Beckham Jr. catches a one-handed touchdown and it is arguably one of the most iconic catches in NFL history. The two would spend hours outside their college dorm, throwing footballs to each other and practicing one-handed catches. When it did, Beckham told his teammate that the catch “changed his life.”Zay Flowers' locker is right next to Odell Beckham Jr.'s in the Ravens locker room. He has the one-handed catch against the Cowboys.
Persons: , Odell Beckham Jr, Eli Manning, ” Manning, it’s, that’s, Odell, , Jameel McClain, Beckham, ” Beckham, , It’s, Beckham’s, Brandon Carr, Manning, Garrett Wilson, GARRETT WILSON, “ There’s, Cris Collinsworth, Al Michaels, ” It’s, Jarvis Landry, “ That’s, Jarvis ’, Beckham didn’t, ” McClain, Ben McAdoo, Tom Coughlin wasn’t, Coughlin, ” McAdoo, “ Don’t, Carr wasn’t, Carr, ” Odell Beckham Jr, didn’t, Elsa, Getty, Collinsworth, Malcolm Butler, Michaels, ” Collinsworth, I’m, Odell Beckhams, “ I’ve, Aaron, Rodgers, Brett, Favre, gasps, “ We’ve, Geoff Schwartz, ” Said McClain, Zay Flowers, Flowers, ” Flowers, ike, J ames, rade Organizations: New York Giants, NFL, Giants, MetLife, NBC, Dallas Cowboys, NBC Sports, The Miami Dolphins, Los Angeles Rams, Cincinnati Bengals, Cowboys, New York Jets, LSU, Auburn, New, Atlanta Falcons, Sunday, New England Patriots, Athletic, Dallas, Baltimore Ravens, Ravens, ust, ard Locations: , New York, Manning, South Florida, Baltimore, ife
President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a seasoned market pro and a close Trump loyalist in a critical economic position. As head of Treasury, Bessent, 62, will be both the U.S. fiscal watchdog as well as a key official to help Trump enact his ambitious economic agenda. Like Trump, Bessent favors gradual tariffs and deregulation to push American business and control inflation. The Treasury secretary is the lynchpin for the White House economic agenda. Others close to the president-elect think Bessent has not been rigorous enough in his support for tariffs, though Warsh also has made public statements against the levies.
Persons: Scott Bessent, Donald Trump, Kevin Warsh, Marc Rowan, Trump, Bessent, George Soros, Soros, Jerome Powell's, Warsh, Janet Yellen, Elon Musk, Cantor Fitzgerald, Howard Lutnick Organizations: Key, Trump, Group, Treasury, Wall, World's, Investors, Yale University, Rockefeller University, Preservation, Wall Street, Federal Reserve, Federal, National Economic Council, White Locations: Washington , DC, U.S, Bessent
AdvertisementThe ending of "Gladiator II" pays homage to Russell Crowe's character in "Gladiator." "Gladiator II" doesn't end on a cliffhanger, but there may still be room for another sequel. Spoilers ahead for "Gladiator" and "Gladiator II." AdvertisementRome is still a mess in "Gladiator II," set 16 years after the first film. AdvertisementMescal told Variety last week at the London premiere of "Gladiator II" that he would be "massively down" to appear in the next sequel.
Persons: Russell Crowe's, Scott, I've, Denzel Washington, Cuba Scott, Maximus Decimus Meridius, Russell Crowe, Maximus, Marcus Aurelius, Lucilla, Connie Nielsen, Aurelius, Caracalla, Fred Hechinger, Joseph Quinn, Marcus Acacius, Pedro Pascal, Acacius, Aidan Monaghan, Lucius, Paul Mescal, Rome, Marcinus, Mescal Organizations: Paramount Pictures, Paramount, Variety, London Locations: Rome, Cuba, Acacius
CNN —An explosives disposal team was sent to London’s Gatwick Airport and one of its terminals evacuated after a “suspected prohibited item” was found in luggage on Friday. “A security cordon is in place around the South Terminal at Gatwick Airport following discovery of a suspected prohibited item in luggage,” Sussex Police wrote in a statement posted on X just after midday local time (7 a.m. “Police were called at 8.20am this morning and, as a precaution, an EOD (Explosive Ordnance Disposal) team is being deployed,” the statement continued, advising the public to avoid the area. “We can confirm that the ‘loud bang’ reported in the area a short time ago was a controlled explosion carried out by officers,” it said in a statement posted on X on Friday morning. ET), it said, “Initial indications are that the item was a hoax device.
Persons: Stephanie Halasz, Zahid Mahmood Organizations: CNN, Gatwick Airport, Sussex Police, “ Police, , London’s Metropolitan Police
AdvertisementD'yan Forest is a working comedian at 90, doing gigs in two languages. She shared some of her tips for staying fit and funny into her 90s. After a 40-year-long career as a cabaret singer, D'yan Forest, who lives in New York City, became a comedian in 2001. Now 90, she holds the Guinness World Record for Oldest Female Comedian and still performs solo shows in English and French. Advertisement"I never thought I'd be a comedian at 90," she told Business Insider.
Persons: It's, I'd, Heidi Tissenbaum, centenarians, D'yan, Forest, Rose Anne Kenny, I've, She's, Janet Gibbs Organizations: verve, National Cancer Institute, American, Nutrition, Trinity College Dublin Locations: D'yan Forest, New York City, France, America, China
It may be a coincidence that the celebrity look-alike competition returned to prominence just as American citizens were voting in what some called “the most significant presidential election in our lifetimes.” But once it happened, the appeal was obvious. Here was a different kind of democratic event: a totally insignificant one, in which attractive men with slightly off-kilter features were lined up in public and ranked by the roaring crowd. At the first contest, which convened a flock of Timothée Chalamet doubles in Manhattan last month, the New York Police Department showed up, deemed it an “unscheduled demonstration” and arrested four people. They are typically publicized with posters on lampposts, staged in public parks and accompanied by meager prizes. The Mescal double won 20 euro “or three pints”; the White winner received $50 and a pack of Marlboro Reds.
Persons: Trump, doppelgängers, Jeremy Allen White, Paul Mescal, Dev Patel, Harry Styles Organizations: New York Police Department, Marlboro Reds Locations: Manhattan, Chicago, Dublin, San Francisco, London
CNN —A decision by the International Criminal Court to issue arrest warrants for Israeli officials was met with anger and annoyance at Jerusalem’s bustling Mahane Yehuda Market. Gil Siegal, a legal scholar at the Ono Academic College in Israel, said The Hague-based court’s decision has united Israelis. Most Israelis still support the war in Gaza, he said, seeing it as a just fight and the only means to keep their country safe. The ICC “is saying that Gallant and Netanyahu are equal to Mohammed Deif… this is something that Israelis truly cannot comprehend, truly, truly cannot comprehend,” Siegal said. “Israel’s war machine does not only destroy Gaza but also hurts Israelis – in body and in spirit,” he told CNN.
Persons: ” Sarita Katzin Sarfati, Benjamin Netanyahu, Yoav Gallant, “ Netanyahu, Bibi, ” Sarita, Netanyahu, Netanel Yehuda, , , Gil Siegal, Netanyahu –, Gallant, Mohammed Al, Masri, Mohammed Deif, Israel, ” Siegal, Yael Vias Gvirsman, Deif, Dreyfus, Alfred Dreyfus, Yair Lapid, Shurat HaDin, Behar Organizations: CNN, International, Court, Putin, Ono Academic College, ICC, Hamas, Israel Defense Forces, West Bank Locations: Mahane, Gaza, Israel, Hague, Tel Aviv, The Hague, Israeli
ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their operating profits decline by nearly 14% in the third quarter of this year, figures released Friday by New Jersey gambling regulators show. The state Division of Gaming Enforcement issued statistics showing that the nine casinos had a collective gross operating profit of $236.5 million in the third quarter. “Consumer demand may have been an issue for Atlantic City’s casino operators in summer 2024,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry. Revenue from things other than gambling also underperformed in the third quarter at $511.6 million, down 5% from a year earlier. Among internet-only entities, Caesars Interactive NJ earned $4.8 million, down 7.8%, and Resorts Digital, the former online arm of Resorts casino, earned $1.5 million, down 4.8%.
Persons: , Jane Bokunewicz, Lloyd Levenson, James Plousis, ” Gross, Harrah's, Bally's, Wayne Parry Organizations: CITY, of Gaming, bettors, Atlantic, Stockton University, New Jersey Casino Control, Ocean, Tropicana, Caesars, Golden, Resorts, Caesars Interactive, Resorts Digital, Associated Press Locations: N.J, New Jersey, Atlantic City
Advertisement"Outlander," "Based on a True Story," and "The Sex Lives of College Girls" return this week. Movies including "Blitz," "The Piano Lesson," and "Alien: Romulus" are streaming. Related VideoThe beloved historical drama "Outlander" is back with the second half of its seventh season, over a year after the last episodes aired. The Peacock drama "Based on a True Story" returns for its second season, and the HBO Max comedy "The Sex Lives of College Girls" premieres its third season. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: Romulus, HBO Max Organizations: College Girls, HBO
AdvertisementA bodybuilder said he stopped skipping warm-ups, and it's led to better results in the gym. Adding weights to a warm-up can lead to better performance, research suggests. A bodybuilder said a four-part warm-up with some weightlifting helps him get the most out of his workouts to build muscle and strength. AdvertisementAdams said taking even a few minutes to warm-up and working in a few sets of moderate weight can translate to better movement. Activate — priming the right muscle groups, often with bodyweight exercise.
Persons: it's, Andre Adams, Adams, I've, you'll, Igor Nasser Organizations: National Academy of Sports Medicine, International Federation of Bodybuilding pro, Business, Federal University of Rio Locations: Federal University of Rio de Janeiro
CNN —Whoopi Goldberg’s latest venture, the All Women’s Sports Network (AWSN), has been a long time in the making. It took 16 years, but what the hey!”With AWSN having launched in the US last week, Goldberg has finally achieved a long-held ambition. Available in 65 countries and running 24/7, it is the first global network dedicated entirely to women’s sports. The channel will show live and delayed broadcasts of action from the likes of the UEFA Women’s Nations League, the Women’s Tennis Association and the FIBA 3x3 Women’s Series. Whoopi Goldberg partnered with Chicago-based hospital chain CommonSpirit to launch AWSN.
Persons: Whoopi Goldberg’s, “ I’ve, CNN Sport’s Don Riddell, , I’ve, Goldberg, AWSN, we’re, , , Whoopi Goldberg, Richard Shotwell, ’ ” Goldberg, Emma, Clyde Organizations: CNN, Women’s Sports, UEFA Women’s Nations League, Women’s Tennis Association, FIBA, WNBA, ESPN, USC, Purdue University Locations: Saudi Arabia, Chicago, Black
CNN —Kristin Chenoweth doesn’t always sing “For Good,” the soaring duet of heavenly harmonies from the musical “Wicked,” at her shows. Sarah Horn is glad she did. In her case, it put her on a path that changed her life, in her words, “for good.”(From left) Beth Behrs, Darren Criss, Kristin Chenoweth and Sarah Horn at the Hollywood Bowl in 2013. (From left) Sarah Horn and her husband Raffaele Cipriano at their wedding in July. Andrea DeLongThe gift of musicHorn first saw the “Wicked” musical in 2004 on Broadway with the original cast of Chenoweth as Glinda and Idina Menzel as Elphaba.
Persons: CNN — Kristin Chenoweth doesn’t, , Glinda, Sarah Horn, Chenoweth, Horn, Glee, Darren Criss, they’re, ” Horn, Oz, Jon M, Beth Behrs, Kristin Chenoweth, Milena Kitic, Kitic, Raffaele Cipriano, , Soprano, Andrea DeLong, Idina Menzel, Elphaba, you’re, could’ve, ” Kristin Chenoweth, ’ ” Chenoweth, I’ve, aren’t Organizations: CNN, Hollywood Bowl, California Baptist University, Branch, Ars Vocalis Academy, , Broadway, Hollywood Locations: Sarah Horn An, China, Texas, North Carolina, Los Angeles, Italy, Orange, Kansas
CNN —WNBA star Caitlin Clark has joined an ownership group that is bidding to bring a National Women’s Soccer League (NWSL) team to Cincinnati. Cincinnati is one of a number of cities looking to become the 16th NWSL franchise, facing competition from Cleveland, Denver, Nashville and Philadelphia. “The NWSL Cincinnati bid team is thrilled that Caitlin Clark has joined our ownership group in pursuit of bringing a women’s professional soccer team to our city,” the bid team told CNN Sport in statement. Clark has become one of the most recognizable faces in US sport since her record-breaking college career at Iowa. In her debut WNBA season, Clark became the first rookie in 16 years to be named to the All-WNBA first team.
Persons: Caitlin Clark, , Clark Organizations: CNN, WNBA, Women’s Soccer League, Cincinnati, CNN Sport, BOS Nation FC, Nation, Bay FC, Iowa, Indiana Fever, Connecticut Sun Locations: Cincinnati . Cincinnati, Cleveland, Denver, Nashville, Philadelphia, Cincinnati, Greater Cincinnati, Boston, Connecticut
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApplication volume will fall if colleges enforce testing, says Application Nation's HarbersonSara Harberson, Application Nation founder, joins 'Power Lunch' to discuss how this application season is stacking up relative to other years, if how students applying to college has changed, and much more.
Persons: Sara Harberson
DON'T MISS: The ultimate guide to negotiating a higher salary If you want to have a smooth transition into a satisfying retirement life, there are many questions you can ask yourself — chief among them, "Do I have enough money saved?" Be honest: Would you say work is what you do, or who you are? Now think about the aspects of your pre-retirement self you'd like to carry over into your retirement life in some way. If you can do that honestly, you're more likely to find a satisfying retirement on the other side. Teresa received her Ph.D. in psychology from Stanford University, and she is the co-author of "Retiring: Creating a Life That Works for You."
Persons: , Irene, she'd, Victor, Jay, Teresa M, Amabile, Edsel Bryant Ford, Teresa Organizations: Harvard Business School, Edsel, Business Administration, Stanford University Locations: Cape Cod
AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in an X post on Thursday. Musk said Bezos told people they should sell Tesla and SpaceX stock because Donald Trump would lose. Bezos said Musk's claim was "100% not true," to which Musk replied, "I stand corrected." XBusiness Insider was unable to confirm the veracity of Musk's post. AdvertisementNovember 22, 2024: This story has been updated to include Bezos' response to Musk's Thursday X post, and Musk's response to Bezos.
Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Donald Trump, Trump, wasn't, he'd, Musk's, Tesla, SpaceX isn't, Thomas Roulet, Elon, Bill Gates, Gates Organizations: SpaceX, X, Mar, Department of Government, Amazon, Trump, Tech, Bloomberg, University of Cambridge, Twitter, Microsoft Locations: Trump's Florida, China
CNN —President-elect Donald Trump on Friday announced his picks for critical remaining public health roles in his incoming administration. He or she also serves as vice admiral of the US Public Health Service Commissioned Corps, overseeing this group of uniformed officers who seek to promote the nation’s health. “And if you remember, under the President Trump administration’s leadership, you’ll recall that we had incredible public health policies, President Trump’s unparalled creation of Operation Warp Speed was one like we’ve never seen before. Chan School of Public Health. “The superiority of natural immunity over vaccinated immunity is clear.”CDC directorThe director of the CDC leads the nation’s foremost public health agency, which deals with disease prevention and control and environmental health.
Persons: Donald Trump, Trump, Janette Nesheiwat, Marty Makary, Dave Weldon, Robert F, Kennedy Jr, Trump’s, Kennedy, CNN’s Kaitlan Collins, “ We’re, ” Nesheiwat, you’ll, we’ve, Johns Hopkins, Makary, , Weldon, , Terri Schiavo, Brian Stelter, Meg Tirrell Organizations: CNN, Friday, Food and Drug Administration, US Centers for Disease Control, National Institutes of Health, US Department of Health, Human Services, Senate, CDC, US Public Health Service, Corps, Fox News, American Board of Family Medicine, American University of, University of Arkansas, Medical Sciences, FDA, Johns Hopkins University, Sidney Kimmel Medical College of Thomas Jefferson University, Harvard, of Public Health, National Academy of Medicine, World Health Organization, Street, Journal, Agency, Toxic Substances, SUNY, Army, Letterman Army Medical Center, Army Reserve, American Board of Internal Medicine, Assurance, Agency for Vaccine, HHS, Disease Control Locations: Florida, Caribbean, St, Maarten, New York, Chan, Buffalo
How the EV era is challenging leading engine maker Honda
  + stars: | 2024-11-22 | by ( Robert Ferris | In | ) www.cnbc.com   time to read: +3 min
Honda is the world's largest engine manufacturer, powering about 27 million cars, motorcycles, generators, yard tools, airplanes, and other items. But it is struggling in some key regions, especially China, and it's challenged by the era of electric vehicles. Honda has been relatively slow to release models, and it has depended heavily on partners to keep up. Honda does have an in-house EV plan and its own platform. It's sinking $65 billion into EVs and software globally, including $11 billion in Canada and $3.5 billion for upgrades to facilities in the United States.
Persons: it's, Karl Brauer, they'd, Jake Fisher, Honda's, Gregory Noble Organizations: Honda, Acura, Ferrari, Lamborghini, Porsche, McLaren, Consumer, U.S, General Motors, Detroit, Toyota, University of Tokyo's Institute of Social Science Locations: U.S, China, Canada, United States
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