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☆ Airlines may be struggling but global travel is in an uptrend. These companies are set to benefit
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Global Jets ETF , whose largest holdings are Southwest Airlines , United Airlines , American Airlines and Delta Air , is off 7.5% just since the end of June. GE Aerospace GE Aerospace is a pure play on the rise of global air travel, according to John Belton, portfolio manager at Gabelli Funds. Just about all 18 analysts polled by LSEG consider GE Aerospace a buy, with five rating it a strong buy. Central to the investment thesis for GE Aerospace is its market leadership. "The air travel industry is a growth industry," Galluccio said.

Persons: Richard Branson, John Belton, Belton, Nicholas Galluccio, Galluccio, Morningstar, that's, Tony Bancroft, Bancroft, there's, wanderlust Organizations: Virgin Group, U.S . Global Jets ETF, Southwest Airlines, United Airlines, American Airlines, Delta Air, Transportation, Boeing, Airbus, Gabelli, International Air Transport Association, AAR Corp, Teton Advisors, Westwood, Equity, GE Aerospace GE Aerospace, Gabelli Funds, New York Stock Exchange, General Electric, GE Aerospace, LSEG, GE, Airlines, Morningstar, Growth, Max, Federal Aviation Administration, Aerospace & Defense ETF, Heico Corporation, Triumph, TransDigm Locations: U.S, Eastern Europe

☆ Turkey blocks Instagram throughout country amid complaints of censorship of Hamas posts
▼ + stars: | 2024-08-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Turkey blocked access to Instagram for its 85 million people, the country's Information and Communication Technologies Authority announced Friday morning. According to Turkish media, there are more than 50 million users of the photo-sharing app in the country. Reports however suggest the ban was a response to the Meta -owned platform removing posts related to the death of Hamas leader Ismail Haniyeh. Iranian officials and Hamas blame Israel for what they say is an assassination, while Israel has declined to comment. Fahrettin Altun, head of Turkey's presidential communications and an aide to Turkish President Recep Tayip Erdogan, on Wednesday criticized Instagram, accusing it of censorship.

Persons: Instagram.com, Ismail Haniyeh, Haniyeh, Israel, Fahrettin Altun, Recep Tayip Erdogan, Instagram, Altun, Meta, Israel —, Erdogan Organizations: Communication Technologies, Turkey's Daily, CNBC, Turkish Locations: Turkey, Turkish, Turkey's, Turkey's Daily Sabah, Tehran, Israel, Gaza

☆ How Pete Buttigieg became the Dems' most ubiquitous TV spokesperson
▼ + stars: | 2024-08-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

Read previewEver since Kamala Harris became the presumptive Democratic nominee, Pete Buttigieg has been dominating the TV interview circuit. "It's the fact that every time he comes out to say something, he says something totally different," the Democratic strategist said. It's not just TV hosts, Democrats, and social media users who love Buttigieg — voters do too. And now, he's reminding Americans on TV screens around the country what he cares most about: the future of the country. "Pete Buttigieg cares about America and he understands the stakes in this election," the Democratic strategist told BI.

Persons: —, Kamala Harris, Pete Buttigieg, Jen Psaki, Joe Biden, Bill Maher, he's, Donald Trump, Buttigieg, Kaitlan Collins, JD, aren't, Jon Stewart, Biden —, Buttigieg's, Keith Edwards, Edwards, It's, Harris, Gavin Newsom, Pete, Biden Organizations: Service, Democratic, Transportation, Indiana, CNN, Daily, Fox News Sunday, Business, Fox News, Democratic Party, ABC, California Gov Locations: South Bend , Indiana

☆ I walked away from a dream six-figure UX job where I felt disrespected. Now I freelance and have no regrets.
▼ + stars: | 2024-08-02 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Eleni Trapp, a 26-year-old UX designer from Florida who left her corporate job to freelance. Now, I'm a freelance UX designer who gets to write my own rules. As a UX designer, my job would be to transition their brick-and-mortar business into the digital landscape. I knew I wouldn't be happy settling into another corporate job so I decided to take a chance on freelancing. AdvertisementI'm building a space to channel my feminine rageAs I continue to freelance, I'm also building a business I'm endlessly passionate about.

Persons: —, Eleni Trapp, It's, I'm, hadn't, I'd, wasn't, I've, Trapp, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Florida, tmartinelli@insider.com

☆ Li Auto's July deliveries hit a record as Chinese EV consumers prefer hybrid options
▼ + stars: | 2024-08-02 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li L6 SUV. The new model and most of Li Auto's cars come with a fuel tank for extending the battery's driving range. The automaker said its Li L6 that launched in April has seen monthly deliveries of more than 20,000. The China Passenger Car Association said Tesla China sold 59,261 cars in June.

Persons: Li, Li Auto, Tesla Organizations: Auto, Li Auto, Li, U.S, China Passenger Car Association, Tesla Locations: Shanghai, China, BEIJING, Tesla China

☆ Some Jewish Democrats wonder if America is ready for a Jewish vice president
▼ + stars: | 2024-08-02 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +14 min

After all, the last time a guy named Shapiro had been elected governor of Pennsylvania, he had years earlier anglicized his name to Shapp. “I’m not aware of how his position on Israel differs from the other potential vice presidents,” Hawaii Sen. Brian Schatz, who is both Jewish and a proud progressive, told CNN. Of the VP’s choices, Shapiro is the one who stands out as the most divisive and could put a stop in everyone being on the same page,” said one Jewish Democratic operative. But I will say his attacks, this might surprise you, don’t bother me personally,” Shapiro said at the time. But calling what’s coming at Shapiro “pure antisemitism,” Rep. Dan Goldman, a New York Democrat, warned against that defensive way of thinking.

Persons: Josh, Shapiro, Lori, Kamala Harris ’, –, —, J.B . Pritzker, Harris ’, Israel –, Harris, Josh ”, “ I’m, Hawaii Sen, Brian Schatz, ”, Greg Landsman –, Micah, Hebrew, ” Landsman, Nevada Sen, Jacky Rosen, she’d, “ It’s, Simone Zimmerman –, ” Zimmerman, “, ” Shapiro, He’s, Connecticut Sen, Joe Lieberman —, South Carolina Sen, Lindsey Graham, “ He’s, he’s, Doug Emhoff, “ doesn’t, ” Ed Rendell, ” Rendell, Rendell, Josh Shapiro, they’ve, ” Long, Avi, Sen, Ted Kennedy, Mikhail Gorbachev, Emhoff, Benjamin Netanyahu “, Amy Spitalnick, Josh ’, Adam Schiff, Tim Walz, what’s, Dan Goldman, ” Goldman, ” CNN’s Morgan Rimmer, Owen Dahlkamp, Haley Talbot Organizations: CNN, Democratic, Illinois, Democratic Socialists of America, Sunrise Movement, Jewish Democrats, ”, GOP, Philadelphia Inquirer, Republican, Jewish Council, Public, Jewish Democratic, New, New York Democrat Locations: Pennsylvania, Israel, Michigan, Hawaii, Ohio, America, Nevada, Las Vegas, Gaza, Connecticut, South Carolina, Washington, Philadelphia, United States, Soviet, Pittsburgh, California, Minnesota, New York

Learn moreThe LG G4 is one of the most stunning premium displays I've tested. Judged against other 2024 models, the LG G4 is easily one of the best TVs you can buy for top-notch image quality. But the G4 is technically the best OLED TV LG has ever made. LG 65-inch G4 OLED 4K TV The G4 is one of the most impressive OLED TVs we've tested, but its benefits over last year's more affordable G3 are subtle. Steven Cohen/Business InsiderThe LG G4 delivers high-end image quality that's a clear step above cheaper TVs.

Persons: It's, HLG, Steven Cohen, I'm, you'll, steadying, it's, webOS Organizations: Business, LG, Amazon, Walmart, Dolby, HLG Smart, Sony, Samsung, Google, Disney, Luna

☆ Organic and regular dark chocolate contaminated by lead and cadmium, study finds
▼ + stars: | 2024-07-31 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

As natural elements in the Earth’s crust, lead, cadmium and other heavy metals are in the soil in which crops are grown and thus can’t be avoided. The research team examined only pure dark chocolate products as they contain the highest amount of cacao, the raw, unprocessed part of the cacao bean. Gabi Musat/500px/Getty Images/FileLead and cadmium found, but no arsenicThe new study analyzed 72 consumer cocoa products for levels of lead, cadmium and arsenic. He authored a July study which analyzed 155 samples of chocolate and found higher levels of cadmium but little lead in dark chocolates. However, for healthy adults, Godebo’s risk analysis found little to worry about choosing to indulge in 1 ounce of dark chocolate now and again.

Persons: can’t, ”, Jane Houlihan, Houlihan, Gabi Musat, ’ ”, Danielle Fugere, ” Fugere, “, Leigh Frame, Tewodros Godebo, Godebo Organizations: CNN, Nutrition, Food and Drug Administration, National Confectioners Association, Consumer Labs, FDA, Integrative Medicine, Health, George Washington University, Tulane University School of Public Health, Tropical Medicine, Environmental Protection Agency, World Health Organization, “, WHO Locations: Washington ,, New Orleans

☆ We’re Taught to Hate Hypocrisy. We Shouldn’t. - The New York Times
▼ + stars: | 2024-07-31 | by ( Lydia Polgreen | ) www.nytimes.com time to read: +7 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. At worst, it is hypocrisy, a clear felony compared with my misdemeanor hypocrisy. But I understand the appeal of calling out what looks like hypocrisy when we see it, especially now. To give hypocrisy a pass, one might argue, is to slide down a slope toward having no principles at all. In these merciless political times we should focus our minds on the true betrayals that really matter.

Persons: Mitch McConnell’s, Barack Obama, Donald Trump, Alexandria Ocasio Cortez, Israel, “, Ocasio, Cortez, Israel —, Ralph Waldo Emerson, Emerson, Mitch McConnell, Al Capone Organizations: Nova, Israel, AIPAC Locations: Manhattan, Brooklyn, Gaza, Ukraine, Sudan

☆ I’ve been to 100 countries. I didn't expect to want to return to these 5
▼ + stars: | 2024-07-31 | by ( Todd Miller | Marylou Costa | ) www.cnbc.com time to read: +5 min

Here are the spots I thought would be "one and done" but that are on my list of return trips. A village in Rwanda, a country with a population of nearly 14 million people. Aerial view of Sveti Stefan, a fortified island village with 15th century stone buildings on the Adriatic coast of Montenegro. I am eager to return to the White Continent again to experience the planet's coldest, windiest, driest, and perhaps most serene place. VanuatuVanuatu is one of the least visited countries in the world, not because it isn't welcoming or rewarding, but because of its remoteness.

Persons: I'm, Edwin Remsberg, Wadi Al Disah, Todd Miller, Todd Miller Wadi, Disah, it's, Sveti, Feng Wei, Andrew Peacock, George Island, doesn't, Yasur Organizations: Bank, Getty, Rwanda, Saudi, UNESCO, Vanuatu Vanuatu, Air Vanuatu Locations: Turkey, Nepal, South Africa, Indonesia, Rwanda, Burundi, Lake Kivu, Africa's, Saudi Arabia, Kingdom, Saudi, Wadi Al, Jordan's Wadi, Petra, Saudia Arabia, Montenegro, Croatia, wallow, Kotor, Sveti Stefan, Stari, Serbian, Albania, Antarctica, George, Vanuatu

☆ Mercury could have an 11-mile underground layer of diamonds, researchers say
▼ + stars: | 2024-07-31 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

This mechanism, the researchers say, can not only give us more insight into the secrets hidden below Mercury’s surface, but on planetary evolution and the internal structure of exoplanets with similar characteristics. Mercury owes its gray surface to the widespread presence of graphite, which is a form of carbon. Also known as the Mercury Surface, Space Environment, Geochemistry and Ranging mission, it gathered data about the planet’s geology, chemistry and magnetic field, before the spacecraft ran out of fuel and impacted the surface. “However, some lavas at the surface of Mercury have been formed by melting of the very deep mantle. “Only future missions to the planet Mercury will tell whether these predictions were correct.

Persons: ”, Bernard Charlier, it’s, Yanhao Lin, ” Charlier, Lin, Charlier, —, Giuseppe “ Bepi ”, Sean Solomon, Solomon, landers, ” Solomon, BepiColombo, Manley, Felipe González, González, ” González, “ Organizations: CNN, Mercury, University of Liège, NASA, Johns Hopkins University Applied Physics Laboratory, Carnegie Institution of Washington Mysterious, Center for, Science, Technology, Research, Nature Communications, MESSENGER, European Space Agency, Japan Aerospace Exploration Agency, Columbia University, ESA, University of California Locations: Mercury, Belgium, Beijing, Italian, Giuseppe “ Bepi ” Colombo, New York City, Berkeley

☆ The chip industry uses as much water as the city of Hong Kong. Now factories are working to be more sustainable.
▼ + stars: | 2024-07-31 | by ( Helen Li | ) www.businessinsider.com time to read: +7 min

According to an S&P Global analysis, the global semiconductor industry consumed as much water in 2021 as the city of Hong Kong. Water consumption for chip fabs and data centers will rise as the demand for chips grows. The chip fabs stored the TCE underground, but tanks sometimes ruptured, leaking the chemical into the local groundwater and soil. Now, chip fabs must work with local governments to meet water management and waste disposal requirements. Several researchers are investigating ways to reduce and recycle water in chip manufacturing.

Persons: —, Prakash Govindan, Steve Proehl, Packard, Govindan, he's, fabs, Paul Westerhoff, TSMC, Jensen Huang, Huang, Anuradha Murthy Agarwal, Agarwal Organizations: Service, Business, Intel, AMD, Philips, Hewlett, Environmental, Agency, Arizona State University, Micron, Nvidia, MIT's Materials Research Laboratory Locations: Hong Kong, Taiwan, American, Santa Clara , California, Valley's Santa Clara County, . Arizona, Colorado, Phoenix, Denver

☆ How certification fights are already cropping up in battleground states
▼ + stars: | 2024-07-30 | by ( Sara Murray | ) edition.cnn.com time to read: +10 min

The dustup in Fulton County is just one example of the election certification fights already cropping up in battleground states, from Georgia to Michigan to Nevada this year. Certification fights also popped up in 2022 and in 2020, though certification ultimately moved ahead in each of those instances. “They don’t like me.”But by early 2024, she was being sworn in to serve on her local election board. “The other issues that are going on or have gone in Fulton County I think are irrelevant.”Representatives for Fulton County declined to comment. The State Election Board is also considering changes that could allow board members to conduct inquiries and demand documents before certification.

Persons: Julie Adams, Adams, ”, Stephanie Jackson Ali, Mike Berry, “ Miss Adams, ” Berry, ” Adams, they’re, they’ve, “, you’re, Cleta Mitchell, Mitchell, “ She’s, ” Mitchell, Steve Bannon’s, Matt Rourke, —, Berry, –, Miss Adams, stokes, Megan Bellamy, Nadine Williams, Adams pored, CNN’s Kimberly Berryman Organizations: CNN, Fulton County, Registration, New, New Georgia Project, Washoe, Trump, Policy, Republican Party, Republican, Pennsylvania, Conference, ”, South East, South East Georgia Republican Assembly Locations: Georgia, Fulton, Fulton County, Michigan, Nevada, New Georgia, Washoe County’s, Delta County , Michigan, “, Camp Hill, Pa, Fulton County’s, Savannah, South East Georgia

☆ Venezuelans have seen this movie before, but Maduro should beware. This time, the ending could be different
▼ + stars: | 2024-07-30 | by ( Rafael Romo | ) edition.cnn.com time to read: +8 min

The month before, President Nicolás Maduro had declared a “constitutional state of emergency.”Julio Borges, in a photograph taken by CNN's Rafael Romo on June 9, 2016. Maduro, now 61, is a former bus driver who became a Caracas metro system union leader and rose through the ranks. In January of that year, Juan Guaidó, then president of the National Assembly, had proclaimed himself interim president of Venezuela. Supporters of Venezuelan opposition leader Juan Guaido scuffle with members of the Bolivarian National Police during a protest against the government of President Nicolas Maduro in Caracas on November 18, 2019. The Venezuelan opposition political party Voluntad Popular said Tuesday that its leader Freddy Superlano has been kidnapped.

Persons: “, Caracas Osmary Hernández, Julio Borges, colectivos, Nicolás Maduro, ” Julio Borges, CNN's Rafael Romo, Rafael Romo, Hugo Chávez, Juan Guaidó, Guaidó, Juan Guaido, Nicolas Maduro, Yuri Cortez, María Corina Machado, Machado, Chávez, Edilzon Gamez, ”, Michael, ‘, would’ve, Maduro, they’ve, Edmundo González, Jorge Fernando “ Tuto ” Quiroga, ” Quiroga, Edmundo, González, could’ve, Popular, Freddy Superlano Organizations: CNN, National Assembly, Caracas Osmary, Electoral Council, Bolivarian National Police, Getty, Bolivian Embassy, Inter, Georgetown University, Venezuela’s CNE, Venezuelan, Foro Locations: Caracas, Venezuela, Maduro, United States, AFP, North Macedonia, Bolivian

☆ Why Elon Musk Is Supporting Donald Trump: to Save Tesla From Disaster
▼ + stars: | 2024-07-28 | by ( Linette Lopez | ) www.businessinsider.com time to read: +11 min

As market competition heated up, Tesla started cutting prices, which turned into an industrywide price war that Tesla isn't winning. It's a steep fall, considering Tesla's share of the EV market used to be as high as 80%. Critics balked, but Musk assured the Tesla community that this was the only strategy to save the company. Musk is looking for ways to buy time for Tesla — and one of those ways is to get Trump elected. Preserving Tesla's market position is imperative until he can conjure another product that people are excited to buy.

Persons: Elon Musk, Donald Trump —, Tesla, Trump, Joe Biden's, Kelley Blue, Musk, Ford, —, Critics, shouldn't, ZEV, Steve Granitz, Vaibhav Taneja, China's, Elon — Organizations: Elon, Trump, Tesla, White, EV, GM, Getty Images Trump, PAC Locations: China, USA, Shanghai

☆ Activist Trian has a few levers to pull to build shareholder value at Solventum
▼ + stars: | 2024-07-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Business: Solventum , formerly known as 3M Health Care, is a global health-care company that was spun out from 3M on April 1 . As a standalone company, Solventum has been under-covered and misunderstood by the market. There is also no shortage of examples of Trian being a valuable corporate governance-oriented investor and creating tremendous shareholder value from the board level. While Trian has a history of being an active shareholder, the firm has also created tremendous shareholder value as an engaged director. Moreover, if there is an opportunity to divest one or more businesses, shareholders would have comfort with a financially astute shareholder representative on the board to evaluate competing offers to assure the maximization of shareholder value.

Persons: Trian, Nelson Peltz, Peltz, Solventum, Pepper, Ingersoll Rand's, Russell, Ken Squire Organizations: Health, 3M, What's, Bloomberg, Dental Solutions, Information Systems, Electric plc, Kraft Foods, Dow, General Electric, GE, GE HealthCare, GE HealthCare Technologies, 13D Locations: Solventum

☆ Lockheed Martin's new compact hypersonic missile enables America's stealth fighters to engage targets at Mach 5 speeds
▼ + stars: | 2024-07-26 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +12 min

Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.

Persons: —, Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London

☆ Irish museum pulls Sinéad O’Connor waxwork after just one day due to backlash
▼ + stars: | 2024-07-26 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —An Irish museum will withdraw a waxwork of singer-songwriter Sinéad O’Connor just one day after installing it, following a backlash from her family and the public, it told CNN in a statement on Friday. The success of her music, with singles like “Nothing Compares 2 U,” combined with her openness about her struggles with addiction and mental illness made her an influential pop culture figure, particularly in her native Ireland. Sinéad O'Connor died last year. Michel Linssen/Redferns/Getty ImagesJohn O’Connor said he “thought (the waxwork) was hideous” and added “a friend of mine said to me last night that he’d seen better in (department store) Shaws, in the window.”“I lost my sister and to me that’s important,” he said. He explained that the waxwork’s sculptor had been feeling unwell and retired after many years of “fantastic work” for the museum.

Persons: Sinéad O’Connor, O’Connor, John O’Connor, RTÉ’s, “, ”, Sinéad O'Connor, Michel Linssen, Paddy Dunning Organizations: CNN, Wax Museum Locations: Irish, Dublin, Ireland

☆ Crypto firm Ledger hikes prices of iPod-inspired wallet by 40% and launches new mid-tier option
▼ + stars: | 2024-07-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

The Ledger Flex is a new, cheaper hardware crypto wallet from French startup Ledger. Ledger finally released Stax, its long-anticipated hardware crypto wallet, and is shipping units out to people who preordered the product in May. In addition to raising the price for Stax, Ledger is also releasing a new crypto hardware wallet. The Ledger Flex features an E Ink screen, similar to the Ledger Stax. The Ledger Flex, which costs $249, is smaller than the Ledger Stax and comes with a 2.8-inch display.

Persons: Stax, Ledger, Tony Fadell, Ledger Stax, Pascal Gauthier, Ledger's Stax, Ledger's Gauthier, Foxconn Organizations: Stax, Ledger, Flex, Google, CNBC, Apple Locations: Ledger, solana, London, Vietnam

☆ Gen Z and millennial brides are regretting their tattoos — but they have lots of options
▼ + stars: | 2024-07-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Celeste Evanovich, a 28-year-old tattoo artist and content creator, said she has noticed an influx of Gen Z brides souring on their tattoos. 'Clean girl' aestheticEvanovich said the influx in bridal tattoo regret could be caused by the "clean girl aesthetic", a beauty trend which first blew up on TikTok in 2022. Evanovich pointed out TikTok videos where some women said their tattoos made them feel like they couldn't achieve a "clean" look. freemixer/Getty Images"The clean girl aesthetics and weddings go hand and hand. There's the age-old expectations for women to be pure on their wedding day, wearing bright white," Evanovich said in the video.

Persons: —, Celeste Evanovich, souring, Evanovich, @smoneyyz, I'm, Stu Hepcat, Pollyana Ventura, Hepcat, it's, Samantha Jane, Samantha, Ariana Grande, Dalton Gomez Organizations: Service, Business, NBC, Pew Research Center Locations: Glasgow, Scotland, New York

☆ Divers find 19th-century shipwreck laden with unopened bottles of champagne and precious mineral water
▼ + stars: | 2024-07-26 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —A 19th-century shipwreck packed with crates of unopened champagne has been found in the depths of the Baltic Sea. The long-forgotten vessel was brimming with bubbly, according to the team of Polish divers who made the discovery off the coast of Sweden. “The whole wreck is loaded to the brim with crates of champagne, mineral water, and porcelain,” Tomasz Stachura, the leader of the Baltictech diving team that found the wreck, said in a press release sent to CNN. The divers said the wreck was in very good condition. While the champagne certainly provided cause for celebration, it was the bottles of water that perhaps shed most light on the vessel’s history.

Persons: Tomasz Stachura, ”, “, Selters –, Marek Cacaj, ’, Stachura, MARIS, Johan Rönnby Organizations: CNN, Södertörn University Locations: Baltic, Sweden, Swedish, Öland, “, Selters, Hesse

☆ A Southwest flight came 150 feet from crashing in the sea. Experts suspect 'pure human error.'
▼ + stars: | 2024-07-25 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Read previewA Southwest Airlines flight that was diverted after a dangerously low descent was likely down to "pure human error," aviation experts said. A Southwest flight came dangerously close to the Courtney Campbell Causeway in Tampa. A dangerous patternIt's not the first time a Southwest flight has descended to a dangerously low altitude. In June the FAA said it was investigating a Southwest flight that dropped to 525 feet when it was 9 miles from landing in Oklahoma City. The FAA is also looking into another Southwest flight that descended to 400 feet above the ocean off the coast of Kauai, Hawaii, in April.

Persons: —, Max, Richard Curran, Mark Stephens, Curran, Courtney Campbell, Sridip Kumar Mishra, Stephens, Nancy Allen, it's, Robert Katz, Katz Organizations: Service, Airlines, Boeing, Business, Air Traffic Control, TV, Fox, Aviation Administration, Aviation Management, City University of London, Delta Air Lines, aj Airbus, Tampa Bay Times, Tampa International Airport, FAA Locations: Columbus , Ohio, Tampa , Florida, Fort Lauderdale, Tampa, Tampa Bay, Oklahoma City, Kauai, Hawaii, Southwest

☆ Diverse donors race to help elect Kamala Harris
▼ + stars: | 2024-07-24 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +6 min

And Democratic-aligned donors from all those worlds are eager to help Harris get there. That figure marks the year of the sorority’s founding at Harris’ alma mater, Howard University. More than 1.1 million donors have contributed – with 62% of them first-time givers this cycle, Harris’ campaign said. He said he held his first fundraiser for Harris at his Boston-area home during her successful 2016 Senate campaign. But for all the early enthusiasm, the groups supporting Harris say big challenges remain – both in sustaining her campaign’s early financial momentum and in helping blunt looming attacks on her race and gender.

Persons: CNN — Kamala Harris, Joe Biden, Harris –, –, Harris, “, ”, Glynda Carr, Carr, Biden, they’ve, Harris ’, Alexandra Acker, Lyons, Biden’s, Acker, ‘, ’ ”, Ramesh Kapur, Democratic bundler, Kapur, “ I’m, Shekar, He’s, he’s, don’t, ” Narasimhan, Trump, Chintan Patel, Patel, ” Harris “, ’ ” Acker, Veronica Stracqualursi Organizations: CNN, American, Higher, Alpha Kappa Alpha Sorority, Inc, Howard University, Women Alliance, Democratic, Senate, Fund, Democratic Party, Republican Party Locations: Higher Heights, America, alma, Manhattan, Denver, Harris, United States, Indian, American, Boston, Virginia, Michigan, Wisconsin, “

☆ LVMH is waiting for China's consumers to shop at home
▼ + stars: | 2024-07-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewChina's once-mighty consumers are holding back on buying as much as they used to at home. But luxury giant LVMH is still spending big on them. LVMH does not break out its sales for China separately. AdvertisementChina's luxury consumers are spending in JapanRich Chinese consumers are not spending as much at home because, post-pandemic, they can travel and spend their money elsewhere, with Japan a top destination. The fluctuations in the yen make it challenging for LVMH to price its products in Japan.

Persons: —, Jean, Jacques Guiony, LVMH, Guiony, It's Organizations: Service, Business, Japan Locations: Japan, China, Asia, Japan Rich, Mainland China, Fukuoka

☆ Here are Wednesday's biggest analyst calls: Tesla, Spotify, Apple, GM, Alphabet, Imax, Disney & more
▼ + stars: | 2024-07-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: RBC upgrades Estee Lauder to outperform from sector perform RBC said it sees an attractive risk/reward. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by shares of Tesla following the release of disappointing earnings. Morgan Stanley initiates Biohaven as overweight Morgan Stanley said it sees "value creation" for the biotech company. Morgan Stanley downgrades General Motors to equal weight from overweight Morgan Stanley said it sees a more "balanced" risk/reward for shares of GM. " Cantor Fitzgerald downgrades Tesla to neutral from overweight Cantor downgraded Tesla following earnings on Tuesday.

Persons: Lauder, Raymond James, Taylor Morrison, it's, Morgan Stanley, Tesla, Tesla's, TD Cowen, JFrog, Cowen, Lockheed Martin, Goldman Sachs, Goldman, Smith, Stifel, GOOGL, Jefferies downgrades, Gamble, Jefferies, Piper Sandler downgrades Ulta, Piper, Gordon Haskett, Joel Anderson, Cantor Fitzgerald downgrades Tesla, Cantor Organizations: RBC, Taylor Morrison Homes, Tesla, Lockheed, Spotify, JPMorgan, Garden Entertainment, Apple JPMorgan, Apple, Jefferies downgrades Colgate, Palmolive, Procter, Colgate, Gamble, Deutsche Bank, Deutsche, Motors, GM, Barclays, Disney, Universal Studios, Davidson Locations: GenAI, Malibu

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