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Albuquerque, New Mexico AP —Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated Monday’s verdict, saying they are hopeful it will prevent other men from falling victim to a scheme that involved fraud and what they described as dangerous penile injections. That is a very egregious breach of their fiduciary duty,” said Lori Bencoe, one of the lawyers who represented the plaintiff. The clinic is accused of misdiagnosing him and unnecessarily treating him with “invasive erectile dysfunction shots” that caused irreversible damage. According to court records, jurors found that fraudulent and negligent conduct by the defendants resulted in damages to the plaintiff.
Persons: , , Lori Bencoe, Nick Rowley, Brad Palubicki, NuMale Organizations: New Mexico AP, NuMale Medical Center, NuMale Medical, Associated Press Locations: Albuquerque, New Mexico, U.S, Colorado , Florida , Illinois , Nevada , Nebraska, North Carolina, Wisconsin
China is on edge after Trump's talk of tariffs
  + stars: | 2024-11-29 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +5 min
AdvertisementOn Monday, Donald Trump threatened more tariffs on China, blaming Beijing for fentanyl. China criticized Trump's tariff threats, calling them ineffective and unjustified. "The excuse the president-elect has given to justify his threat of additional tariffs on imports from China is farfetched," wrote China Daily in a Tuesday editorial. AdvertisementMarkets are muted as investors wait and seeGlobal markets were jolted following Trump's post on Truth Social on Monday, but the effects have been felt mostly in foreign exchange. Global firms and Chinese manufacturers have already been diversifying their operations to manage concentration risks following Trump's first term and the COVID-19 pandemic.
Persons: Donald Trump, Trump, he'd, George Saravelos, Goldman Sachs, Wu Zhiqiang, Young Liu, Al Jazeera Organizations: Global, Deutsche Bank, Shenzhen Lingke Technology, Nikkei Asia, Apple, Macquarie Locations: China, Beijing, United States, Shenzhen, Thailand, India, Vietnam, Taipei, Al, Southeast Asia, Africa, China's
Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Advance Auto Parts — Shares dropped 7% after credit rating agency Moody's Ratings downgraded the auto parts company's senior unsecured debt to Ba1, below investment grade, according to FactSet. Hasbro — Shares jumped 2% after Elon Musk floated the prospect of acquiring the toymaker to secure the rights to Dungeons & Dragons. Zeta Global Holdings — The marketing software stock climbed 5.5% after the company's CEO called a recent short seller report "erroneous" on CNBC's "Closing Bell" on Wednesday. Crypto stocks — Stocks tied to the price of bitcoin rose as the cryptocurrency climbed closer to the $100,000 milestone.
Persons: Biden, ASML, Robinhood, Moody's, Elon Musk, Stocks, Yun Li, Jesse Pound, Hakyung Kim, Sarah Min, Sean Conlon, Pia Singh, Tanaya Macheel Organizations: Materials, KLA Corporation, Lam Research, Bloomberg, U.S . Securities, Exchange Commission, Trump, Advance, Hasbro —, Elon, U.S . Target, Costco, Walmart, Zeta Global Holdings, Holdings Locations: China, Dutch, Ba1
New York CNN —With Kraft Mac & Cheese’s latest product, the 87-year-old brand is taking a page from hip streetwear companies. Available Friday exclusively on Walmart’s website, Kraft is selling just 15,000 boxes of its limited-edition everything bagel flavor. For the past three decades, Kraft Mac & Cheese has been sold in more than 40 licensed designs, ranging from “Rugrats” to “Spongebob Squarepants,” targeting families with younger children. Now that these kids have grown up with the brand, Kraft is gradually adding designs to attract young adults. Kraft Mac & Cheese released new shapes targeted at young adults.
Persons: Kraft, Connor Rattigan, , , ” Kraft, Kraft Heinz, PepsiCo’s Rice, Flavorites, Andrea Hernández, Millennials, Spongebob, Michael M, ” Ashleigh Gibson, Mario, Rattigan, it’s “ Organizations: New, New York CNN, Kraft Mac, Kraft, Consumer, CNN, , Walmart, Aldi, Star Locations: New York, United States
AdvertisementElon Musk praised Apple's new hearing aid feature for AirPods. The FDA approved the feature as the first over-the-counter hearing aid software. Elon Musk, who has previously criticized Apple, appears to have been won over by one new feature. It shows a hard-of-hearing father using the feature on the Apple AirPods Pro 2 to hear his daughter opening Christmas presents. "Don't want it," Musk wrote in a June response to a Tim Cook post promoting Apple Intelligence on X.
Persons: Elon Musk, Musk, Apple, Tim Cook, Tesla's, Apple's Organizations: FDA, Apple, ChatGPT, Apple AirPods, OpenAI, Apple Intelligence, AirPods
AdvertisementByteDance has sued a former intern for $1.1 million, per Chinese media reports. The TikTok owner claims he sabotaged an AI model training project by modifying code. TikTok owner ByteDance has filed a lawsuit seeking damages of $1.1 million against a former intern it has accused of sabotaging an AI training project, according to local media reports. Multiple Chinese media outlets reported this week that ByteDance is seeking 8 million yuan, about $1.1 million, and a public apology. Tian's LinkedIn profile states that he has been a research intern at ByteDance's VC team and AI lab since 2021.
Persons: ByteDance, Tian Keyu, Tian, Tian didn't Organizations: China Morning Post, BBC, ByteDance's, Business, Chinese Communist Party Locations: Beijing
New York CNN —Even the power of Marie Kondo may not be enough to save the Container Store. In 2019 and 2020, the Container Store got a big boost from “Tidying Up,” the hit Netflix show from the home de-cluttering evangelist. Credit rating agencies rank the Container Store as one of the most financially distressed companies in the retail industry. The Container Store had been set to receive a much-needed $40 million financial lifeline from Beyond, the owner of Bed Bath & Beyond and Overstock.com, that would have put Bed Bath & Beyond products on Container Store shelves. “The rise of platforms like Temu have given consumers some much cheaper options for the type of products Container Store sells,” Saunders said.
Persons: Marie Kondo, Kondo, Marie, Melissa Reiff, Joann Fabric, Justin Sullivan, Tim Hynes, ” Neil Saunders, Satish Malhotra, , ” Saunders, Christina Boni, , “ It’s Organizations: New, New York CNN, Netflix, Research, Bed, GlobalData, CNN, Target, Container, ModernRetail, Walmart, Moody’s Locations: New York, Amazon
How China Became the World’s Largest Car ExporterChina 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 China 5.7 million cars exported Japan Mexico Germany South Korea Top car exporters in the world United States 2016 2020 2024 Source: Alix Partners Note: 2024 values are estimated. Domestic sales 20 Exports 0 2010 2015 2020 2024 Production capacity 40 million cars Car production capacity has risen faster than sales. Mr. Wen gave him essentially a blank check to make China the world’s leader in electric cars. Last year, most of the cars China sold abroad were traditional gasoline engine cars. China has more than 100 factories with a combined capacity to build close to 40 million internal combustion engine cars a year.
Persons: Alix, Donald J, Trump, Wen Jiabao, Wen, Carmakers Organizations: China, Japan Mexico Germany South, Alix Partners, European Union, China’s, Communist Party, Wan, Audi, America, UNITED STATES, BRAZIL, UBS, China Volkswagen, Volkswagen Locations: China, Japan Mexico Germany, Japan Mexico Germany South Korea, States, United States, Asia, Thailand, Philippines, Germany, Europe, Southeast Asia, Shanghai, Russia, Ukraine, Latin America, TURKEY, India, Brazil, Turkey, U.S
The stock has seen massive gains this year, surging more than 515%. Chip equipment stocks — Shares of chip equipment stocks moved higher on a report that the Biden administration is considering more restrictions on sales of semiconductor equipment and artificial intelligence memory chips to China that may be less strict than expected. Walmart , the country's largest retailer, rose more than 0.2%, while shares of Target and Costco , advanced 0.6% and 0.3%, respectively. Robinhood — The brokerage firm climbed 3% premarket, continuing a postelection rally, after the U.S. Securities and Exchange Commission approved the creation of a 24-hour stock exchange by startup 24 Exchange, paving the way for round-the-clock trading. Zeta Global Holdings — The marketing software company rose 5% after its CEO said Wednesday on CNBC's "Closing Bell" that a recent short seller's report was "erroneous."
Persons: Biden, Robinhood, , Jesse Pound, Yun Li Organizations: Lam Research, KLA Corporation, ASML, Bloomberg, Walmart, Target, Costco, U.S . Securities, Exchange Commission, Trump, Zeta Global Holdings Locations: China
A coalition of Canada’s biggest news organizations is suing OpenAI, the maker of the artificial intelligence chatbot, ChatGPT, accusing the company of illegally using their content in the first case of its kind in the country. Five of the country’s major news companies, including the publishers of its top newspapers, newswires and the national broadcaster, filed the joint suit in the Ontario Superior Court of Justice on Friday morning. While this is the first such lawsuit in Canada, it is similar to a suit brought against OpenAI and Microsoft in the United States in 2023 by The New York Times, claiming copyright infringement of news content related to A.I. The two companies have denied the suit’s claims. In response to the Canadian lawsuit, a spokesman for OpenAI said “We have not yet had the opportunity to review the allegations,” but added that “our models are trained on publicly available data, grounded in fair use and related international copyright principles that are fair for creators and support innovation.”
Persons: OpenAI, Organizations: Canada’s, Ontario Superior Court, Justice, OpenAI, Microsoft, The New York Times Locations: Ontario, Canada, United States
Instead of having plasma inside magnets, it has a magnet inside the plasma. An illustration of the inside of Openstar Technologies' "levitated dipole" nuclear fusion reactor. The fusion reactor looks like a steel donut on legs and is housed in a warehouse in Wellington, New Zealand. The billion dollar question is still: when will fusion power be ready? Commonwealth Fusion says it can deliver fusion power to the grid in the early 2030s.
Persons: , Ratu Mataira, it’s, there’s, Akira Hasegawa, ” Mataira, Mataira, ” It’s, Gerald Navratil, ” Navratil, There’s Organizations: CNN, OpenStar Technologies, Fusion Industry Association, Technologies, MIT, Columbia University, Openstar Technologies, Commonwealth Fusion Systems, Energy, Commonwealth Fusion, Zap, UK Atomic Energy Authority Locations: New Zealand’s, Wellington, Wellington , New Zealand, Seattle
Are scented candles bad for you? What the science says
  + stars: | 2024-11-29 | by ( Kristen Rogers | ) edition.cnn.com   time to read: +11 min
The risk of toxic emissions is greater when candles are scented or dyed, which is another reason why paraffin-free candles aren’t immediately in the clear. The association’s stance is based on an October 2021 study that consisted of burning 24 soy and paraffin candles, scented and unscented. However, the research was a joint effort between the NCA, the European Candle Manufacturers Association and the Latin American Candle Association. If you simply can’t resist using scented candles, look for those with essential oils or candles labeled as phthalate-free. When burning scented candles, do so in small doses to avoid headaches or irritation of the respiratory system or eyes.
Persons: Sobia Farooq, Ariful Haque, Haque, , Sarah Evans, VOCs, Evans, , ” Evans, , Farooq, Evans ’, that’s, wicks Organizations: CNN, National Candle Association, Cleveland Clinic’s Lerner College of Medicine, Yan’an, Kunming Medical University, American Lung Association, US Environmental Protection Agency, US Centers for Disease Control, Occupational Safety, Health Administration, Icahn School of Medicine, Candle Association, NCA, Candle Manufacturers Association, American Candle Association, ASTM International, American Society for Testing, ASTM Locations: China, Mount Sinai, United States, Australia, Denmark
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Apple's current AirPods lineup includes the AirPods 4, AirPods 4 with ANC, AirPods Pro 2, and the AirPods Max.
Persons: Max, Siri Organizations: Business, Black, Apple, ANC, Walmart, AirPods, Lightning
5 big questions about how tech will look under Trump
  + stars: | 2024-11-29 | by ( Clare Duffy | ) edition.cnn.com   time to read: +10 min
He sought to swat down legal protections for tech platforms. Many Republicans are eager to see the Trump administration address what they see as “censorship” of right-leaning voices by many mainstream social media platforms. That could mean reforming or reinterpreting Section 230, which shields tech platforms from liability for their users’ posts and allows the platforms to moderate content as they see fit. In essence, Carr could attempt to pass a rule that would make it possible to sue tech platforms under that new interpretation. Ultimately, that could mean hamstringing tech companies’ efforts to reduce hateful or false content on their platforms.
Persons: Trump, Donald Trump, – —, Trump’s, TikTok, Mark Zuckerberg, He’s, it’s, Elon Musk, Will TikTok, , he’ll, Shou Zi Chew, Kent Nishimura, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, isn’t, Will Trump, … we’ve, ” Musk, Joe Biden, Biden, , John Villasenor, Brendan Carr, Carr, Gigi Sohn, Tom Wheeler, Evan Greer, Lina Khan, JD Vance, Musk, Khan, Tayfun, – Khan, ” Villasenor, ” Greer, Republican Sen, Marsha Blackburn of, Democratic Sen, Richard Blumenthal, Mike Johnson Organizations: New, New York CNN, Google, Big Tech, Trump, Bloomberg, Getty, University of Minnesota, Apple, CNN, , Fox News, Republican, UCLA Institute for Technology, Law, Federal Communications Commission, FCC, Democratic, Federal Trade Commission, Biden, White, Trump White House, Microsoft, Activision Blizzard, Kroger, Albertsons, FTC, Department, DOJ, TV, Senate Locations: New York, United States, , Washington ,, Marsha Blackburn of Tennessee, Connecticut
While 2024 marked another "challenging" year for biotech stocks, some names could be slated for upside in the months ahead, according to JPMorgan. That said, biotech stocks specifically have not seen nearly the same level of gains. Wall Street is mostly bullish on Vertex, as 21 of the 35 analysts covering the stock have a strong buy or buy rating. The stock has advanced 13% in 2024, and JPMorgan thinks it is "well positioned" for continued expansion. "We believe the portfolio will see appreciation for several value drivers in 2025," analyst Brian Cheng told clients.
Persons: Jessica Fye, Fye, Tessa Romero, Brian Cheng Organizations: JPMorgan, Dow Jones Industrial, Nasdaq, Vertex Pharmaceuticals, Immune, Edgewise Therapeutics
CNN —In a world where the climate is increasingly hot and volatile, farmers are having trouble keeping their crops cool. A startup founded in the desert of Saudi Arabia thinks it might have a solution. Heat peaks can desiccate crops, killing them outright if unmitigated, or stressing crops, leaving them more vulnerable to pests and disease. A prototype farm in Bada, Saudi Arabia, uses SecondSky in polyethylene greenhouse covers manufactured by SABIC. Desertification is a pressing issue and will be the focus of the UN Convention to Combat Desertification’s COP16 in Riyadh, Saudi Arabia, in December, as leaders seek to curtail an accelerating problem.
Persons: Derya Baran, John Keppler, , Mark Tester, Ryan Lefers, Iyris, Keppler, Armando Alvarez, Vincent Martin, SecondSky, Martin Organizations: CNN, King Abdullah University of Science and Technology, United Arab, Innovation, UN Food and Agriculture Organization, National Food Production Initiative, Sea, SABIC, Sea Global, UN Convention, United Nations Locations: Saudi Arabia, Iyris, KAUST, Egypt, United Arab Emirates, Latin America, Mexico, Europe, South Africa, Morocco, Spain, Bada, Bada , Saudi Arabia, Riyadh
LAS VEGAS — A major home warranty provider is under scrutiny from customers who say it isn’t living up to its promises to fix or replace broken appliances. American Home Shield (AHS) is one of the nation’s leading providers of home warranty plans, boasting over 2.2 million subscribers. But some customers say they’ve had a hard time getting AHS to respond to common issues like those. What I got was the complete opposite.”Las Vegas resident Julian Sanchez criticized American Home Shield’s customer service. Another concluded the damage was due to “foreign debris,” rather than the normal wear and tear covered by his contract.
Persons: , That’s, , Rachel Dratch, Dratch, “ Warrantina, , they’ve, Julian Sanchez, Sanchez, he’d, “ They’ll, Patrician Nunez, Julian Sanchez “, ” Sanchez, ” Nunez, Alexander Bachuwa, ’ ”, Bachuwa, ” Julian Sanchez, Melanie McGovern, it’s Organizations: VEGAS, AHS, Las Vegas, Vegas, NBC, National Weather Service, Home, ” AHS Locations: Las, , Las Vegas, New York
Now Kimberly is having to navigate her way through life without her beloved husband, while residing in the destination that they chose to start afresh in. Putting down rootsIn 2021, the couple visited Portugal and decided to settle there. “It’s hard to learn Portuguese, because Portuguese people want to practice their English,” she says. “I really don’t want to start over,” she says, adding that she’s not ready to move Mark’s stuff anywhere. But while Portugal may not be filled with decades of memories of Mark, her grief remains inescapable regardless.
Persons: Kimberly Walker, Mark, , ” Kimberly, There’s, Kimberly, they’d, , we’d, Mark jetted, ’ ” Kimberly, she’s, It’s, it’s, I’ve, She’d, she’d, Honey, I’m, she’ll, hadn’t, “ There’s Organizations: CNN, Golden State, CNN Travel, San, downer Locations: San Diego , California, Poland, Montenegro, Australia, Portugal, United States, Europe, Southern California, San Diego, Amsterdam, Denmark, Brussels, Germany, France, Spain, Italy, United Kingdom, New Zealand, , Vilamoura, Algarve, America, Ireland, Kimberly, Norway, California, Oxfordshire, London, Portuguese
AdvertisementIn September, Katka Lapelosova took a solo trip to Greece. If she could do it over, she'd travel there with friends and rent a car. In September, I decided it was time for a solo trip to a Greek island to live out my "Mamma Mia" dreams. The author came across a lot of gap year travelers during her trip to Zakynthos. Understand the difference between beachfront and beach accessOne of the biggest things I'd change about my Greek island trip is booking a hotel that had beach access.
Persons: Katka Lapelosova, Mia, Rhodes, I'd, Organizations: New York, Colgate Locations: Greece, Zakynthos, Europe, New, New York City, Corfu, Katka, Athens, Taxis
Nvidia's median salary now surpasses Microsoft's and other Silicon Valley peers. And Nvidia employees were not nearly the source of fascination and interest they are today. AdvertisementThe data behind the evolution of Nvidia's workforce tells the story of the company's meteoric rise just as well, if not better than the revenue or stock price. Nvidia's workforce has grown nearly 20-fold since 2003Beyond Nvidia's historic rise in market value, the company has a lot to offer employees. But as of January 2024, Nvidia's median salary (excluding the CEO) surpassed Microsoft and has left other tech giants in the dust.
Persons: Jensen Huang, Rev Lebaredian, Huang, Jensen, headcount, Emma, ecosgrove Organizations: Nvidia, Tech, Business, Microsoft, Accenture Locations: Santa Clara , California, Silicon Valley
CNN —When photographer Elizabeth Kahane’s husband asked where in New York they should live following their engagement in 1998, she had a very specific requirement for their marital home: A view of the annual Macy’s Thanksgiving Day Parade. Its street-facing windows offered the perfect vantage point to watch — and photograph — the procession, which travels down through midtown Manhattan to Macy’s department store on Thanksgiving morning. The photographer has captured the spectacle almost every year since, missing the parade just twice in over a quarter of a century. Thomas the Tank Engine, the Kool-Aid Man and Boss Baby are just some of the dozens of other outsized characters Kahane has pictured floating slowly past her home — often at eye-level. Some shots were taken from inside the apartment, with kids seen enjoying the surreal view of parade characters — from Sonic the Hedgehog to Pikachu, gleefully riding a Poké Ball-inspired sled — looming outside.
Persons: Elizabeth Kahane’s, , , Kahane, Snoopy, SpongeBob, Max, glares, Thomas, Baby, ” Kermit, E.A.Kahane, Kermit, you’re, who’s, ” Kahane, “ I’ve, Greg Heffley, I’ve, “ It’s, Ronald McDonald, Bluey, Gabby, Netflix’s “, Marshall Organizations: CNN, Park West, Locations: New York, Manhattan, York
AdvertisementDisney brought the magic in 2024, but it isn't out of the woods just yet. Streaming turned a profit for the first time, and it righted the ship at the box office. While CEO Bob Iger won a proxy battle, Trump's second term now looms. It wasn't long ago that CEO Bob Iger was battling an expensive proxy fight, creative challenges, and streaming business losses. Meanwhile, here's a look back at Disney's biggest wins of the past year:
Persons: Bob Iger, Trump's, Disney, Iger, Nelson Peltz, Donald Trump, Organizations: Disney, Wall, ESPN, Iger, Trump, Disney's
President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. The shares of all these global companies are traded in the U.S. and Europe. Trump has proposed tariffs of 25% on all products from Mexico and Canada, and additional tariffs on goods from China. Kinaxis Kinaxis, which helps companies plan their supply chains using digital replicas of physical operations, could also benefit, according to Redburn Atlantic. WiseTech Global WiseTech offers a "high-growth profile" investment opportunity that will benefit from the tariff trend, according to Redburn Atlantic.
Persons: Donald Trump's, Trump, Redburn, Lachlan Brown, Descartes, Kinaxis, Trump's, — CNBC's Michael Bloom Organizations: Descartes Systems, Manhattan Associates, SPS Commerce, WiseTech, Descartes Systems Descartes Systems, Manhattan Associates Manhattan Associates, SPS, Commerce Locations: U.S, Europe, United States, China, Mexico, Canada
“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.
Persons: Hong Kong CNN —, Zhiqi, , , Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, , CNN, Weibo, , SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing
It's the fifth year Amazon workers have protested during the major shopping weekend. The protests are part of the fifth annual Make Amazon Pay campaign, organized by a coalition of labor and progressive organizations. The Amazon Labor Union, which represents roughly 5,500 workers in a Staten Island warehouse, voted in June to affiliate with the Teamsters. AdvertisementWhat about Amazon's climate footprint? Significant delays haven't occurred as a result of Make Amazon Pay protests in prior years, and it seems unlikely they will impact shipping times this year.
Persons: It's, Amazon, Jeff Bezos, Eileen Hards, We've, Karen Ducey, Eliza Pan, Hards, Andy Jassy Organizations: Black, Workers, Retail, Wholesale, Department Store Union, Amazon, Teamsters Union, Amazon Labor Union, Teamsters, Amazon Employees, Climate Justice, Seattle Times Locations: U.S, New Delhi, New York City, Staten Island, California , Kentucky, Atlanta, Seattle
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