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The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
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Elections overhaul takes center stage in House as hard-right pressure mounts PoliticoHouse Republicans propose voting changes as Trump administration eyes the midterms AP NewsNew GOP anti-voting bill may be the most dangerous attack on voting rights ever Democracy DocketRepublican policies proposed in Congress could upend Colorado elections Colorado Newsline
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Plus, Sage rolls out AI enhancements for reporting, AP, sales; Datarails launches Spend Control solution for contract visibility.
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Opinion | A federal judge schools chaotic Kristi Noem The Washington PostLetters to the Editor: Trump is trying to strip protected status from those who actually need it latimes.comOhio senators, governor respond to calls from Brown to extend protections for Haitians Ohio Capital JournalThe original ‘wine moms' are in Ohio. They're mobilizing to support Haitians in Springfield. The 19th News
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Toyota Names Kenta Kon C.E.O. as Automaker Faces Tariffs and Increasing Competition The New York TimesToyota names former secretary of chairman Toyoda as next CEO ReutersToyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years CNBCToyota Motor Appoints CFO Kenta Kon as New CEO bloomberg.com
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'The hostility has been relentless': How Wuthering Heights became this year's most divisive film BBCIs Emily Brontë's ‘Wuthering Heights' Actually the Greatest Love Story of All Time? The New York TimesEmerald Fennell hopes Wuthering Heights will ‘provoke a primal response' The GuardianMargot Robbie delves into the rollercoaster romance of ‘Wuthering Heights' Reuters
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After the telecommunications stock suffered its worst drop in years, CEO Kate Johnson bought the dip. Some of her past insider purchases have proved very well timed.
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The European Union on Friday accused TikTok of breaching the bloc's digital rules with "addictive design" features including autoplay and infinite scroll, in preliminary charges that strike at the heart of the popular video sharing app's operating model.
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Frank Gore says he's glad Roger Craig got into the Hall of Fame ahead of him NBC SportsMorning Report: Recapping NFL Honors ??? 49ers.comRoger Craig to be enshrined in the Pro Football Hall of Fame Raiders.comIt's official: Former 49ers RB Roger Craig is a Hall of Famer Niners Nation
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Long a neighborhood landmark, the Victorian home was an art project for its previous owners. Its new owners promised to keep it much as it was. Then HGTV came calling.
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Topic: Going GreenGovernancePoliticsBill Gates recently posted his new thinking on Climate Change declaring we've been thinking about it the wrong way. His article is sending shockwaves, some agreeing, some feeling he has betrayed the cause, and some like Trump declaring this is proof that climate change was a hoax. I definitely agree with Gates here (and not Trump, obviously) but his revelation speaks to something even bigger than climate change, and hints at what may be the greatest mistake in global political discussion about a wide range of topics, not just climate. We've been doing it wrong, and are paying a terrible price.
Gates' thesis is that the general climate community has been overstating the case for climate change. It's a major, serious problem, which he has personally done far more to address than almost anybody, but it's not the civilization-ending emergency crisis it is often painted as. This has stopped us from allocating our resources wisely to fight the true big problems like poverty and disease, which will do far more harm to people than even the worst that global warming threatens. The way to combat climate change not simply to stop emissions (which is good) but to give people the economic prosperity and tools to contend with the hardships to come, and many others.
Read Gates' own essay to get the full scop
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Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite.
While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 billion yuan ($1.8 billion) versus the same period last year, that was a lot lower than the 14.7 billion yuan expected. Revenue shrank 12.5 percent to 92.3 billion yuan year-on-year, sharply down on projections for 118.4 billion yuan.
The world's largest maker of EV batteries is being hit as automakers from General Motors to Ford begin to scale back EV production plans and delay model launches. Countries like Japan and Germany, home to some of the largest automotive incumbents, have seen not just a slowdown in the growth rate, but an outright decline in EV sales.
CATL supplies many big name carmakers, including Tesla Inc.
Although the Chinese giant dwarfs competitors, it isn't alone in feeling the pain. The world's third largest battery maker, South Korea's LG Energy Solution Ltd., is likely to suffer its third consecutive quarterly profit decline, its most recent preliminary earnings show.
For the January to August period, CATL's global market share stood at 37.1 percent, up 1.6 percentage points on the same period of last year, data from SNE Research show. LG Energy's market share shrunk 2.3 percentage points to 12.1 percent.
CATL's greater control over its supply chain does at least wring more profit from its suppliers, helping to drive down costs. Bloomberg Intelligence has suggested that more global EV makers adopting cheaper lithium-iron-phosphate (LFP) batteries could help CATL gain market share overseas. The company's energy-storage business is also emergin
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President Trump, citing progress in U.S.-China trade talks, said he is looking at extending a deadline to raise tariffs and hoping to meet next month with Chinese leader Xi Jinping to complete a broad trade agreement.
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