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A Peugeot Inception concept car at the Paris Motor Show on October 14, 2024.Riccardo Milani | Afp | Getty ImagesPARIS, France — Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models, jostling to capture the public's attention with eye-catching designs and futuristic technologies.The biennial trade show, which opened on Monday and runs through to Sunday, comes as European carmakers contend with some hard truths on the road to full electrification.Manufacturers such as Volkswagen, BMW and Stellantis have all issued profit warnings in recent weeks, citing challenges including faltering demand for electric vehicles (EVs) and intense competition from abroad.The pressure on European automakers is poised to ratchet up even further next year whe...

As CEO of one of the world's largest industrial conglomerates, Honeywell's Vimal Kapur doesn't think about AI like most individuals. It's not about the threatened office worker. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. "The churn in white collar is a continuous evolution." And he said it's not about the cool features that can be offered to the consumer, who "gets excited by the writing of a resume or restaurant recommendation." The biggest problems AI can solve at Honeywell start with a generational labor shortage that it and client companies are facing. From pilots to technicians, declining birth rates in the industrialized world have led to less people available to do jobs t...

FILE - In this April 30, 2012 file photo, Lilly Ledbetter, left, speaks in Concord, N.H. President Barack Obama and his allies in the Senate pushed Tuesday for a bill that calls for equal pay in the workplace, an election-year effort to merge political appeals to women with the No. 1 concern for all voters: the cash in their wallets on the heels of recession. (AP Photo/Jim Cole, File)Jim ColeWomen's rights activist Lilly Ledbetter has died, according to a family representative. She was 86.Ledbetter, best known for advocating for equal pay for women, died as a result of respiratory failure on Saturday night. She was in Alabama, where she was born and raised."She was surrounded by her family and loved ones," her family said in a statement on Sunday. "Our mother lived an extraordinary life."L...

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganWarren Buffett's Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company.The Omaha, Nebraska-based conglomerate purchased roughly 3.6 million shares for about $87 million in separate transactions Wednesday through Friday, according to a filing with the Securities and Exchange Commission late Friday.Berkshire hiked its bet after billionaire John Malone's Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the audio entertainment company. It was part of Malone's reshuffling of his sprawling media empire that also includ...