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☆ Neft Daşları: The Soviet-era oil rig city ‘floating’ in the Caspian Sea
▼ + stars: | 2024-11-06 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

He kept hearing about this secretive city, sprawled like floating, rusting tentacles across the Caspian Sea, far from the nearest shoreline. Oil production on Neft Daşları in 2011. Gahramanli’s organization has been raising concerns about pollution from Neft Daşları for years, including reports of untreated wastewater being pumped into the Caspian Sea. Neft Daşları oil rig and industrial settlement in the Caspian Sea on September 6, 2023. “After its oil supplies run out, Neft Daşları will probably become a tourism magnet,” Shaffer said.

Persons: Marc Wolfensberger, Neft Daşları, ”, CNN Neft, Wolfensberger, Mirvari Gahramanli, ” Gahramanli, Daşları, Maxim Shipenkov, Brenda Shaffer, Gahramanli, SOCAR, derrick, Neft, ” Shaffer, “ It’s, “ Organizations: CNN, Oil, CNN Seven, Oil - Workers Rights Protection Organization, US Naval Postgraduate School, Facebook, United Nations, Global Locations: It’s, Azerbaijan’s, Baku, Soviet, Azerbaijan, Caspian

☆ Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
▼ + stars: | 2024-11-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Amazon founder and Executive Chairman Jeff Bezos celebrated Trump's win in a post on X, calling it an "extraordinary political comeback and decisive victory." Trump repeatedly took aim at Bezos' ownership of the Post, Amazon's tax record and its relationship with the Postal Service. Apple CEO Tim Cook congratulated Trump on his victory in a post on X. OpenAI CEO Sam Altman said in a post on X that he hopes Trump will see "huge success in the job." Meta CEO Mark Zuckerberg called Trump's election win a "decisive victory" and said he looks forward to working with the Trump administration.

Persons: Sam Altman, Jeff Bezos, Donald Trump, JD Vance, Trump, Bezos, Kamala Harris, Andy Jassy, Jassy, Tim Cook, Cook, Mark Zuckerberg, Zuckerberg, Elon, Musk, Trump's, Tesla, Sundar Pichai, he's, Satya Nadella, Reid Hoffman, Hoffman, Harris, Gelsinger, Arvind Krishna, Chuck Robbins, Uber, Dara Khosrowshahi, Aaron Levie, Michael Dell Organizations: Economic, Amazon, U.S, Washington Post, Postal Service, Trump, Post, Democratic, Apple, Facebook, SpaceX, White, America PAC, Google, Microsoft, Venture, LinkedIn, Intel, Biden, IBM, Cisco, Dell Technologies Locations: Davos, Switzerland, Glasgow, Scotland, Pennsylvania, Bezos, United States, U.S

While many Silicon Valley VCs and founders aren't huge Trump fans, their industry thrives when startups are getting acquired or going public quickly. The Biden administration clamped down heavily on tech M&A, so Trump's win could be a financial boon for the sector. Stephen Hays, the founder and managing partner of What if Ventures, said money is already moving again. AdvertisementBig Tech returns to the tableAs president, Trump could roll back some of the antitrust policies that his opponent would have continued. "People are keeping to themselves and just getting on with their business," said Conrad Burke, a managing partner of MetaVC Partners.

Persons: Kamala Harris, Reid Hoffman, Laurene Powell, Vinod Khosla, Harris, Donald Trump's, aren't, Biden, There's, Jordan Nof, Stephen Hays, Trump, Elon, Lina Khan's, Lulu Cheng Meservey, Y, Lina Khan, Kevin Dietsch, Brandon Brooks, — Trump's, JD Vance —, Chris Farmer, Mason Angel, Louis Lehlot, Lardner, Michael Greeley, Crypto, hasn't, Gary Gensler, Bitcoin, Brian Garrett, Garrett, Jenny Fielding's, Fielding, Conrad Burke, Leslie Feinzaig, bundlers, Kamala, I've Organizations: Democrat, White House, Trump, Tusk Venture Partners, Ventures, Tech, Federal Trade, Investors, Foley, Big Tech, Markets, Flare Capital, Biden, SEC, Crosscut Ventures, Google, Microsoft, MetaVC Partners Locations: Europe

☆ ‘A huge victory’: World leaders react as Trump secures White House return
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

Addressing his supporters in Florida, Trump said his return to the White House would usher in the "golden age" of America. Likewise, European Commission President Ursula von der Leyen, French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez, Italian Prime Minister Giorgia Meloni and Hungarian Prime Minister Viktor Orban all offered their congratulations to Trump. We rely on continued strong bipartisan support for Ukraine in the United States," he added. "I look forward to working with him again to advance peace through strength through #NATO," Rutte said. "I hope that the elections will be beneficial for our friendly and allied people in the United States and for all of humanity," he added.

Persons: Donald Trump, Benjamin Netanyahu, Amos Ben, Gershom, Trump, Keir Starmer, Ursula von der Leyen, Emmanuel Macron, Pedro Sanchez, Giorgia Meloni, Viktor Orban, Volodymyr Zelenskyy, Trump's, Volodymyr Zelensky, Alex Kent, Dmitry Medvedev, Russia's, Maria Zakharova, Kamala Harris, Zakharova, Mark Rutte, Rutte, Recep Tayyip Erdoğan, Erdoğan, Tayyip Erdogan, Thaier Organizations: Mar, Anadolu, Getty, Wednesday, NBC News, Atlantic, Spanish, European Commission, Christian Democratic Union, Bloomberg, Ukraine, Republican, U.S, Russia, Russia's, White, NBC, Russian Foreign, Atlantic Treaty Organization, NATO, United Nations, Change, United Arab Emirates, sudani Locations: Lago, Palm Beach , Florida, United States, Florida, America, Italian, Hungarian, Berlin, Germany, Ukraine, New York City, Kyiv, Russia, Brussels, Belgium, Turkey, India, Australia, Israel, Iran, Dubai, United Arab

☆ Here’s what Trump is proposing for the economy
▼ + stars: | 2024-11-06 | by ( Katie Lobosco | Tami Luhby | ) edition.cnn.com time to read: +10 min

This includes, among other things, an increase to the standard deduction, lower marginal income tax rates for most income brackets, and an increase to the estate tax exemption. Though his campaign hasn’t released details on the proposal, Trump has indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. However, these workers would then get smaller Social Security payments after they retire. Around half of beneficiaries – mainly those with higher incomes – pay federal income tax on their Social Security payments. Trump has also floated ending the federal income tax and replacing it with revenue from tariffs.

Persons: Donald Trump, Trump, Kamala Harris, hasn’t, Ohio Sen, JD Vance, He’s, Harris, Elon Musk, John Deere, ” Vance Organizations: Washington CNN —, Security, Democratic, Social Security, Center, Social, Budget, Trump, Biden, Republican Party, ” Invest, Federal Reserve Locations: Las Vegas, Mexico, Canada, Midwest

☆ Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says
▼ + stars: | 2024-11-06 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Europe could take a hit to GDP in a second Trump presidency, Goldman Sachs analysts say. Europe could face a big hit to economic growth as trade tensions increase, Goldman Sachs analysts said. The analysts downgraded their growth forecasts across the region, down to 0.8% from their previous forecast of 1.1% for 2025. AdvertisementThe analysts point to renewed trade tensions fueled by Trump's proposal for sweeping tariffs on all US imports. More significant than the actual tariff increases, though, will be the trade policy uncertainty that comes with them, the analysts say.

Persons: Goldman Sachs, —, Trump, Joachim Nagel, Christine Lagarde Organizations: Trump, Service, EU, NATO Locations: Europe, TPU, Germany, Sweden, Switzerland, China, Ukraine

☆ Emperor penguin turns up on Australian beach, thousands of miles from home
▼ + stars: | 2024-11-06 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —An emperor penguin surprised locals when it appeared on a beach in Australia after making an epic journey of thousands of miles from its home in Antarctica. Ocean Beach is more than 2,200 miles due north of Antarctica, suggesting the penguin probably swam significantly further to reach Australia. “It stood up in the waves and just waddled straight up to us, an emperor penguin, he was probably about a meter high, and he was not shy at all,” he added. But as Earth’s temperature rises as a result of greenhouse gas and carbon dioxide emissions, sea ice is at risk of disappearing. This widespread “catastrophic breeding failure” is the first such recorded incident, according to the report, and supports grim predictions that more than 90% of emperor penguin colonies will be “quasi-extinct” by 2100 as the world warms.

Persons: CNN —, DBCA, ”, Belinda Cannell, ” Cannell, Aaron Fowler, ” Fowler, “, Emperor penguins Organizations: CNN, Australia’s Department of Biodiversity, Australia, University of Western, ABC Locations: Australia, Antarctica, Beach, Denmark, Western Australia, University of Western Australia, Bellingshausen

Mr. Trump is widely regarded around the world as a transactional leader. Chinese officials do see a potential upside if Mr. Trump pulls the United States back from its role as a global leader. But the Kremlin seems skeptical that Mr. Trump would actually push for such a deal, especially because of his track record: There was jubilation in Moscow when Mr. Trump won in 2016, but over the next four years, U.S. sanctions against Russia only increased, and Mr. Trump sent antitank weapons to Ukraine. On Wednesday, he quickly made clear that he would seek to have Mr. Trump on his side, as one of the first world leaders to congratulate Mr. Trump in a post on X. Mr. Trump has been effective in demanding more military spending from fellow NATO members, said Mr. Heisbourg.

Persons: David Pierson, Trump, Donald Trump’s, India Mujib Mashal, Narendra Modi, Trump’s, Africa Abdi Latif Dahir, —, Gaza Patrick Kingsley, Benjamin Netanyahu, Benjamin Netanyahu’s, Mr, Netanyahu, “, ”, Basem Naim, ” Read, Mexico Natalie Kitroeff, Claudia Sheinbaum, Read, Ukraine Anton Troianovski, J.D, Vance, Volodymyr Zelensky, Donald J, Somini Sengupta, NATO Steven Erlanger, Georgina Wright, Vladimir V, Putin, François Heisbourg, Heisbourg Organizations: The Times, Global, Trump, West Bank, Second Trump, NATO, Mr, Russia, Signals, U.S, Biden, International Studies, Institut Montaigne, Republican Locations: China, Beijing, United States, Taiwan, India, Asia, Africa, U.S, Russia, Niger, Chad, Israel, Gaza, Jerusalem, Iran, Mexico, Mexico City, Stake, Ukraine, Moscow, Kyiv, Paris, Europe, “, French

☆ Chinese vs. American EV: How Xioami's SU7 compares to the Tesla Model 3
▼ + stars: | 2024-11-06 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The interior of a Xiaomi SU7 (Top) and a Tesla Model 3. CFOTO/Future Publishing via Getty Images/Costfoto/NurPhoto via Getty Images/TeslaThe SU7's cabin is high-tech and thoroughly modern. Atop its center stack is a massive 16.1-inch infotainment screen with smartphone mirroring. The entire in-car experience is focused on the Tesla's 15.4-inch central touchscreen, which serves as both the instrument display and its infotainment screen. As with all Teslas, the Model 3 comes with the company's signature Autopilot semi-autonomous driving tech.

Persons: Xiaomi Organizations: Tesla, Publishing, Getty Images, Getty, Xiaomi Locations: China

☆ Stocks making the biggest moves premarket: Tesla, DJT, CVS Health, Dollar Tree and more
▼ + stars: | 2024-11-06 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Crypto stocks – Shares of Coinbase surged 12% as investors cheered the prospect of a more supportive regulatory environment for cryptocurrency businesses under a second Donald Trump presidency. Bank stocks — Shares of banking stocks soared in premarket trading after Donald Trump's victory spurred investor optimism that the sector could see less regulation . CVS Health — Shares rose 7.5% after CVS posted mixed third-quarter results , citing higher medical costs that weighed on net income. Clean energy stocks — Shares of renewable energy and solar companies slid on worries that Trump's second term could imperil the Inflation Reduction Act and measures to fight climate change. Dollar Tree , Five Below — Shares of Dollar Tree slipped 1.6%, while Five Below moved down 9%.

Persons: Donald Trump, Donald Trump's, Goldman Sachs, Wells Fargo, SunRun, FirstSolar, Wegovy, Trump, CoreCivic, Dan Ives, Tesla, — CNBC's Michelle Fox Theobald, Tanaya Macheel, Brian Evans Organizations: MicroStrategy, Bank, —, Citigroup, Bank of America, Trump Media & Technology, Republican, CVS, Enphase Energy, Novo Nordisk —, GEO Group, Elon, Trump, Wedbush Securities, Tilray, Aurora Cannabis, National Retail Federation Locations: FactSet, Novo Nordisk — U.S, Danish, U.S, Florida, Canada, China

☆ Trump's election victory sparks dismay — and defiance — among architects of the Paris climate accord
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Donald Trump's election victory on Wednesday sparked a palpable sense of dismay among the climate community, with two key architects of the landmark Paris Agreement warning that the result will stall global efforts to protect the environment. The 78-year-old, who has called the climate crisis "one of the great scams," has pledged to ramp-up fossil fuel production, pare back outgoing President Joe Biden's emissions-limiting regulations and pull the country out of the Paris climate accord — again. The 2015 Paris Agreement is a critically important framework designed to reduce planet-heating greenhouse gas emissions. Laurence Tubiana, a key architect of the Paris Agreement, said Trump's election victory "is a setback for global climate action, but the Paris Agreement has proven resilient and is stronger than any single country's policies." Tubiana, a French economist and diplomat who now serves as CEO of the European Climate Foundation, said the context today is "very different" to Trump's first election victory in 2016.

Persons: Donald Trump, Hurricane Helene, Donald Trump's, Kamala Harris, pare, Joe Biden's, Laurence Tubiana, Trump's Organizations: Democratic, White, NBC, European Climate Foundation Locations: Hurricane, Valdosta , Georgia, Paris, French

☆ Patagonia's profit giveaway sought to turn capitalism upside down — but it hasn't been stress-free
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A landmark decision from outdoor clothing brand Patagonia to dedicate its profits to fight the climate crisis didn't surprise its employees — but that's not to say the process has been stress-free. The move, which made headlines for being a novel marriage of capitalism and charity, prompted some to question whether the transformation would encourage others to follow suit. "They didn't want to sell the company because at the end of the day, yes, they could take the profits out but then it is a one-off situation," Hajikhanian said. "What it was really all about was to create a new way of capitalism, you know, to turn capitalism upside down and inspire other businesses to do things differently — and it felt like a real natural step," she added. "It may have been a really big moment, but for us, it was quite normal."

Persons: Yvon Chouinard, Nina Hajikhanian, Hajikhanian Organizations: Patagonia EMEA, CNBC Locations: Patagonia

☆ Gloom, nervousness and joy: What Trump’s victory means for key world regions
▼ + stars: | 2024-11-06 | by ( Cnn Staff | ) edition.cnn.com time to read: +23 min

He also believes Russia is also betting on “US turmoil” under Trump, hoping internal divisions will “distract” Trump from foreign policy. Zelensky, like the others playing to Trump’s vanity through praise, said: “I appreciate President Trump’s commitment to the ‘peace through strength’ approach in global affairs. Those are the central questions now facing Seoul, as Trump has openly considered downsizing the approximately 28,500 US troops stationed in South Korea. Seoul currently pays $1.13 billion annually for American military forces within its territory, a figure which under an agreement signed Monday is expected to rise to $1.26 billion annually in 2026. A screens shows live footage of Donald Trump speaking during a news program in Seoul, South Korea, on November 6, 2024.

Persons: Donald Trump, Trump, CNN’s Clare Sebastian, Vladimir Putin, Hillary Clinton, Clinton, Putin wryly, Joe Biden, Vance’s, Pavel Bednyakov, AP “ Trump, ”, Dmitry Medvedev, Margarita Simonyan, “ Trump, Dmitry Peskov, “, ” Boris Bondarev, ” Trump, Matthew Chance, Benjamin Netanyahu, ” Netanyahu, Biden, –, Kamala Harris –, Trump’s, Amir Levy, trepidation, America’s, Nic Robertson, Annalena Baerbock, Baerbock, Remko de, Mark Rutte, Jens Stoltenberg’s, Stoltenberg, Putin, ” Baerbock, Steven Jiang, Xi Jinping didn’t, Xi, Washington’s, Florence Lo, Harris, Will Ripley, Lai Ching, Vance, Lai, Taiwan’s, Kamala Harris, Chiang Ying, Mike Valerio, they’d, They’d, Camp Humphreys, Lee Jin, Will Trump, Kim Jong, Robert C, Kim, Larry Madowo, Ghana Trump, Uhuru Kenyatta, Akinwumi Adesina, Osinbajo, Hailemariam Desalegn, Jonathan Ernst, George W, Bush, It’s, Stefano Pozzebon, Javier Milei, El, Nayib Bukele, Bolsonaro, Gustavo Petro, Mexico’s Claudia Sheinbaum, Sheinbaum, Del Cueto, Rebecca Noble Organizations: CNN, United, Democratic National Committee, Trump, International Media, AP, RT, Kremlin, White, Israel, White House, America, Iranian, German, NATO, European Union, Getty, Dutch, Democratic, Reuters, South China, Taiwan : Defense, Party, Taiwan, Taiwan Relations, Washington, Congress, Kuomintang, KMT, Economic, of Chicago, Bloomberg News, Army, South, North, Korean, Kenyan, Guinea Alpha Conde, Trump , African Development Bank, Ethiopian, Republican, AIDS Relief, Biden, Conservative, Progressives, US, Mexico “, Border Patrol Council Locations: Russia, East, Europe, China, Taiwan, Korean, Africa, Ukraine, CNN’s, London, Moscow, Russian, Kyiv, American, ”, Jerusalem, Israel, America, Gaza, Lebanon, Iran, Tehran, Hamas, Germany, Soviet, United States, United Kingdom, The Hague, Netherlands, Remko de Waal, Trump, Beijing, –, Shanghai, South, Taipei, Asia, Seoul, South Korea, Korea, North Korea, Japan, Tokyo, Washington, Pyongyang, Accra, Ghana, Tanzania, Zambia, Guinea, Trump ,, Nigeria, AFP, Angola, Bogotá, Colombia, Mexico, Venezuela, Nicaragua

☆ 2024 will be the first year on record to smash a warming limit scientists warned about
▼ + stars: | 2024-11-06 | by ( Brandon Miller | Ella Nilsen | ) edition.cnn.com time to read: +4 min

Nearly all the world’s countries pledged to strive to keep global warming under 1.5 degrees Celsius in the Paris Agreement, which scientists said would prevent cascading and worsening impacts such as droughts, heat waves and catastrophic sea level rise. Data released Wednesday by Europe’s Copernicus Climate Change Service shows 2024 is “virtually certain” to shoot above that threshold. “We don’t have time to stop,” Alex Scott, a climate diplomacy strategist at international think tank ECCO said Wednesday. It would be a more “serious” and “dramatic” step, said Alden Meyer, senior associate at climate think tank E3G and a longtime international climate expert. With Trump’s reelection, global climate negotiations are facing another whiplash moment as Americans seesaw between presidential extremes, said Meyer.

Persons: Europe’s Copernicus, Donald Trump, ” Alex Scott, Trump, ” Scott, Apu Gomes, Alden Meyer, Meyer, “, ” Meyer, Copernicus Organizations: CNN, America, Service, Trump, United Nations, European Union, Milton Locations: Paris, San Bernardino, California, China, Florida, Spain, Fuji, Japan

☆ This couple plan to return to the US after their dream life in France became a ‘nightmare’
▼ + stars: | 2024-11-05 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

“I didn’t get married till I was in my 50s,” says Joanna, who is originally from San Francisco. Courtesy Joanna McIsaac-KierkloHowever, Joanna says they told themselves that things would be easier to “figure out” once they were actually in France. “I don’t miss gun violence. “But to live here is another story.”The couple is currently waiting to find out the cost of shipping their possessions back to San Francisco before taking the plunge. “We have a flight going back to San Francisco in January, and I think we’re not going to come back,” says Joanna.

Persons: CNN —, Joanna McIsaac, Ed Kierklo, Joanna, ”, “, ‘, ’, We’re, ” ‘, Ed, they’re, who’ve, didn’t, ” Joanna, you’ve, They’d, Nîmes, they’d, Suzette, “ You’ve, they’ve, ” She’d, ’ ”, It’s, You’ve, she’s, hasn’t, … ’, expats ”, Joanna hasn’t, They’re, it’s, France, San Francisco she'd, ‘ We’re, Ed “, I’ll Organizations: CNN Locations: France, San Francisco, Nîmes, Northern California, United States, London, Europe, Southern France, California, French, Montpellier, “

☆ I bought 2 abandoned homes in Detroit for $3,300 and spent over $100,000 renovating them—take a look inside
▼ + stars: | 2024-11-05 | by ( Celia Fernandez | ) www.cnbc.com time to read: +6 min

In 2017, Detroit-native Vincent Orr was working as a production supervisor at Chrysler, when he kept seeing and hearing advertisements for The Detroit Land Bank Authority. Orr bought the property right next to his mother's for $1,200 — it had been abandoned for about a decade. And as if two properties weren't enough, Orr bought a third on the north side of his original abandoned home for just $100. And for anyone looking to take advantage of an auction process like the one the Detroit Land Bank Authority offers, Orr's advice is to not overthink it. Vincent Orr

Persons: Vincent Orr, Orr, Orr's, Vincent Orr Just, he's, I'm, Vincent Orr Orr, doesn't Organizations: Chrysler, Detroit Land Bank Authority, CNBC, General Motors, Detroit, Social Security Locations: Detroit, Detroit , Michigan

☆ 5 tips for talking to those with divergent views
▼ + stars: | 2024-11-05 | by ( Andrea Kane | ) edition.cnn.com time to read: +10 min

He’s a professor of psychology and education at Columbia University, and he directs The Morton Deutsch International Center for Cooperation and Conflict Resolution, where he runs the Difficult Conversations Lab. Anyone who has experienced conflict firsthand (and that’s just about everybody) knows it is felt in both body and mind. “Compromise is a method of conflict resolution or dispute resolution. How can you be better positioned to tackle conflict, have productive conversations and avoid World War III in these divisive times? We hope these five tips help you survive the post-election season and upcoming family gatherings.

Persons: Gupta, Sanjay Gupta, —, “, Peter T, Coleman, ”, it’s, He’s, Morton, trickles, Douglas Fry, Homo sapiens, ” Coleman, “ You’ve Organizations: CNN, Columbia University, Morton Deutsch International, for Cooperation, US

Bitcoin, an asset tied to a Trump victory given the candidates courtship of the industry, soared to a record $75,000 . Heading into the election, investors and analysts pointed to several stocks and sectors that could benefit from a Trump win. Here's a roundup of some of those: Steel stocks If Trump regains the presidency, JPMorgan expects steel stocks to outperform . Related stocks that could outperform under a Trump victory include Nucor , Cleveland-Cliffs , Kaiser Aluminum and MP Materials , according to Peterson. Supporters of Trump have also used the stock as a way to invest in a Trump victory.

Persons: Donald Trump ., Trump, Kamala Harris, Here's, Bill Peterson, Peterson, UBS's, Goldman Sachs, Strategas, Lazard, Wolfe, Tesla, Elon Musk's, Marion Laboure, bitcoin, Nic Puckrin, David Zerzos, Zerzos, Marcelli, Seth Seifman, Russell, Joe Biden, IWM, —, Halliburton, Trump's, ULTA, Michael Bloom, Sean Conlon, Alex Harring, Fred Imbert, Pia Singh Organizations: U.S, NBC, Stock, Dow Jones Industrial, Trump, JPMorgan, Aluminum, Financials Bank of America, of America, UBS's Trump, UBS, Swiss, Citigroup, Citizens, Wolfe Research, GOP, Trump Media & Technology, Trump Media, ISI, Deutsche Bank, Investors, Jefferies, Military, Strategas, Gas Energy, Evercore ISI, Exxon Mobil, Halliburton, Companies Locations: Nucor, Cleveland, U.S, China, U.S . Southern

☆ CEOs are clamoring for bodyguards as the world feels more dangerous, a top security boss says
▼ + stars: | 2024-11-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

More executives are seeking protection, a private security firm chief told The Financial Times. Steve Jones, the chief executive of security company Allied Universal, told The Financial Times that global political instability had created increased demand for security services. AdvertisementLast year, Alex Bomberg, chief executive of Intelligent Protection International, told Financial News that demand for executive security had doubled in 12 months. According to Allied's World Security Report, in 2022, companies lost more than $1 trillion in revenue due to physical security incidents. AdvertisementOne in four publicly listed companies reported a drop in their value after a physical security incident over the last year, the report said.

Persons: Steve Jones, Jones, We've, Allianz's, Mark, Sundar, Alex Bomberg, It's, that's Organizations: Financial Times, Service, Allied Universal, Fortune Business, Trump, Allianz Insurance, Palestine, Group, Web Services, Google, Business, Companies, Meta, Intelligent Protection, Financial News Locations: Israel, Washington ,, Germany

☆ All eyes are on America as an uncertain world awaits critical election result
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +3 min

The “leader of the free world” always holds a huge sway over the 7.9 billion people who don’t get a vote. The election “will have significant implications virtually for everyone in the world — for good or evil,” said Dong Wang, an international studies professor at Peking University. Trump and Harris have “completely different competing visions of the global order,” said Wang, executive director at the university’s Institute for Global Cooperation and Understanding. And so influential Chinese observers see Trump as one who brings unwelcome chaos and unpredictability — as well as his beloved tariffs. During his first term, he started a trade war with Beijing, imposing $360 billion in tariffs on Chinese goods.

Persons: don’t, Donald Trump, Kamala Harris, ”, Thomas Shannon Jr, Harris, “, Shannon, Trump, Barack Obama, George W, Bush, Dong Wang, Wang Organizations: United, State Department, Peking University . Trump, university’s Institute for Global Cooperation, Biden, Trump Locations: East, Europe, ”, —, U.S, Beijing, China, Washington, Taiwan

☆ Caribbean disturbance likely to become hurricane before it moves into Gulf
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +5 min

A tropical disturbance in the Caribbean is likely to become a hurricane as it passes over Cuba and into the Gulf of Mexico by midweek, federal forecasters said Sunday. The Air's Force 53rd Weather Reconnaissance Squadron, using Super Hercules fixed-wing aircraft, got a close look Sunday, the hurricane center said in an afternoon forecast discussion. Still, the upward movement of warm air and precipitation wasn't intense enough to call the disturbance a tropical depression, the hurricane center said. At 39 mph it becomes a tropical storm, which could happen early Tuesday, according to hurricane center forecasts. Storm threatsIn the meantime, the hurricane center said, hurricane conditions are possible within 48 hours on the Cayman Islands.

Persons: Philip Klotzbach, Rafael, Sara, It's, Kim Wood Organizations: National Hurricane Center, Air's Force, Weather Reconnaissance Squadron, Colorado State University, Oceanic, Atmospheric Administration, NOAA, University of Arizona, Hurricane, Environmental Protection Agency Locations: Caribbean, Cuba, Gulf, Mexico, Florida, Kingston , Jamaica, of Mexico, Gulf Coast, Atlantic, Cayman Islands, Jamaica, Gulf of Mexico

☆ Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
▼ + stars: | 2024-11-04 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Physical Intelligence's new valuation is about six times that of its March seed round, which reportedly came in at $70 million with a $400 million valuation. Physical Intelligence hopes that model will be the first step toward its ultimate goal of developing artificial general intelligence. In case studies, Physical Intelligence details how its tech could allow a robot to do laundry, bus tables or assemble a box.

Persons: Sam Altman, Jeff Bezos, OpenAI, Microsoft's Bing Organizations: Economic, Amazon, Change, Physical Intelligence, CNBC, Investors, Lux Capital, Khosla Ventures, Sequoia Capital, Tesla, Google, Intelligence Locations: Davos, Switzerland, Glasgow, Scotland, Britain, San Francisco, ChatGPT

CNN —More severe weather is expected in the South and the Southern Plains Monday, including in Oklahoma, where residents are surveying the destruction from tornado-spawning storms that injured at least 11 people and leveled homes over the weekend. Tornado sirens rang out Monday morning in Oklahoma City, where residents are still surrounded by the destruction and debris caused by the weekend’s severe storms, after the National Weather Service issued a tornado warning. There were no confirmed tornadoes or reports of damage from Monday morning’s storms. A level 2 of 5 threat of severe thunderstorms spans from central and eastern Texas to the Illinois-Missouri border – including Dallas, threatening damaging wind gusts, large hail and tornadoes, according to the SPC. Nearly 40 structures were destroyed in the Oklahoma City area, the Oklahoma City Fire Department said in a Facebook post.

Persons: OCFD, Katie Anderson, ” Anderson, ” Thomas Shaver, KOKH, Shaver, –, we’re, ”, Kevin Stitt, Stitt, “ We’ll, PowerOutage.US Organizations: CNN, Plains, National Weather Service, Oklahoma, SPC, Tornadoes, Oklahoma City Fire Department, KOKH, Oklahoma City, Oklahoma Gov, Harrah Locations: Oklahoma, Oklahoma City, Texas, Arkansas, Missouri, Illinois, Dallas, Gulf of Mexico, Kansas, “, Cleveland

☆ From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
▼ + stars: | 2024-11-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.

Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum

☆ Next U.S. president shouldn't surrender America's energy dominance, TotalEnergies CEO warns
▼ + stars: | 2024-11-04 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

Whoever wins the 2024 U.S. election should work to preserve America's energy dominance rather than risk losing it, TotalEnergies CEO Patrick Pouyanne told CNBC on Monday. The U.S. is the world's largest oil producer, accounting for 22% of the global total, according to the Energy Information Administration, with Saudi Arabia next, producing 11%. The vast majority of U.S. crude is consumed within the country, which is also the world's largest oil consumer. Roughly 64% of total U.S. crude oil production is shale and the French international energy firm CEO said the U.S. will also soon be No. Looking ahead to the election, former President Donald Trump and the Republican party have long been proponents of U.S. shale production, pushing for deregulation of the industry and an expansion of drilling projects — drawing the ire of climate activists and many on the left.

Persons: Patrick Pouyanne, Pouyanne, CNBC's Dan Murphy, Donald Trump Organizations: CNBC, Energy Information Administration, French, U.S, Republican Locations: U.S, Saudi Arabia, Abu Dhabi

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