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Fast food is getting more expensive, and Americans are annoyed about it. Diners told BI they're cutting back on how often they get fast food because of rising prices. AdvertisementBut cheaper fast food may be some way off. Experts say it could have a ripple effect on wages across the fast food industry nationwide, meaning that your favorite spots could become even pricier. The main reason Rodriguez gets fast food is the taste, he said.
Persons: , Sara Senatore, Dunkin, Warren Colehour, Chad Frye, Artur Widak, Frye, Martin Jennings, it's, Chipotle, James R, Martin, Ben Heyworth, Burger King, He's, Del, Richard McConnell, Ricardo Rodriguez, Rodriguez Organizations: Service, Bank of America, McDonald's USA, Getty, Subway, Consumers, McDonald's Locations: Ukraine, McDonald's, Kentucky, California, Florida, Olive, Burger, Oregon
CNN —“Ireland, we are at war,” UFC star Conor McGregor declared to his millions of social media followers on November 22, 2023. This comes after the Garda – as Ireland’s police are known – told CNN there were 231 anti-immigration related public gatherings in 2023. A working-class boy from Dublin, McGregor was driven by a desire to become world champion in a sport relatively unknown in Ireland. Political analysts and far-right experts have told CNN that McGregor’s unique brand of Irish patriotism that won him supporters as a fighter has mutated into a strand of “far-right” Irish nationalism. O’Keefe regularly writes to McGregor on X, calling him “President McGregor.” O’Keefe did not respond to CNN’s request for comment.
Persons: CNN —, , Conor McGregor, It’s, McGregor, Ciarán, ” O’Connor, McGregor’s, , Petery Murphy, Paul Murphy, , Murphy, Drew Harris, ” Conor McGregor, Dustin Poirier, Stacy Revere, Khabib Nurmagomedov, Floyd Mayweather Jr, Aodhán Ó Ríordáin, ” Ewan MacKenna, ” McGregor, Patrick T, Fallon, , “ McGregor, Matthew Donoghue, Megan Briggs, Mick O’Keefe, O’Keefe, ” O’Keefe, Keith Woods, lambasts, Woods, Nick Fuentes ’, Fuentes –, Padraig Pearse, Artur Widak, Europe’s, Heidi Beirich, ” Donoghue Organizations: CNN, CNN — “, ” UFC, Institute for Strategic, Police, Flames, Getty, Irish, People, Profit, Irish National Party, Irish Freedom Party, Garda, Local, UFC, Guardian, Mobile, Forbes, Labour, RTÉ, Central Statistics Office Ireland, Ireland, University College Dublin, Denver Nuggets, Miami Heat, Kaseya Center, North, American White, Blacks, Leinster House, , Global, Twitter Locations: CNN — “ Ireland, Dublin, Irish, Ireland, Algeria, AFP, Las Vegas , Nevada, It’s, East Wall, Miami , Florida, North America, American, “ Ireland, Europe’s “, Germany, France, Italy, Sweden
Saudi oil giant Aramco posts 25% fall in full-year profit
  + stars: | 2024-03-10 | by ( Dan Murphy | ) www.cnbc.com   time to read: +2 min
Artur Widak | Nurphoto | Getty ImagesSaudi Arabia's state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1 billion in 2022. Changing HandsThe earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia's Public Investment Fund (PIF). PIF already owned 4% of Aramco, and controls Sanabil, a financial investment firm, which owns 4% of Aramco as well. Aramco said total dividends of $97.8 billion were paid in 2023, up 30% from 2022. watch nowThe PIF's 16% state in Aramco, worth an estimated $328 billion, is set to strengthen its financial position and boost its ability to deploy capital to invest on behalf of the Saudi state.
Persons: Artur Widak, Amin Nasser, Yasir Al Organizations: Aramco, Saudi Arabian Oil Group, World Petroleum Congress, Nurphoto, Getty, Saudi, Saudi Arabia's Public Investment Fund Locations: Saudi, Stampede, Calgary, Canada, Aramco
AdvertisementWalmart would not provide details on its points-based attendance system to Business Insider. AdvertisementSimilar to Walmart's policy, Amazon uses a points-based attendance system that could land employees in hot water if they hit eight points in a rolling 60-day period, according to the company. Many companies, including mid-size ones, have started to implement a points-based system to track lateness and absences, Zambrano noted. Amazon disputed the description of its points-based attendance system as totally "automated." "The attendance system works very similar to a standard time clock system," Stephenson, Amazon's spokesperson, told Business Insider.
Persons: Ron Zambrano, Zambrano, Lizzo, Nick Yasman, Yasman, Kelly Hellbusch, Hellbusch, Julio Cortez, Sam Stephenson, Stephenson, There's, Patricia Caputo, " Caputo, Caputo, Artur Widak, Amazon, Caputo wasn't, Mekaliah Torres, Torres, David Wagner, Wagner, Larreon Murphy, Murphy, they're, Elizabeth Gedmark, Gedmark Organizations: Walmart, Trial, Amazon, Business, West Coast, Lawyers, Employees, West Coast Trial, AP, United, Zambrano , West, California's Kern County Superior Court, Superior Court, California's Riverside County Superior Court, California's Sacramento County Superior Court Locations: California, Amazon, New York, Zambrano ,, California's Kern County, California's Fresno, California's Riverside County, California's Sacramento County
Read previewI've been on 110 cruises in the past few decades, and I've learned some of the best ways to get a great deal before and during a trip. Here are some of my best tips for saving money on a cruise. Drink packages aren't always worth the cost on cruise ships. Many people book excursions through the cruise line because the ship must wait for individuals on its excursions to return. Also consider skipping the onboard spa — I've found many services at sea can cost double what they might on land.
Persons: , I've, Artur Widak, Salvador Aznar, Shutterstock Organizations: Service, Business, Royal, Cruises Locations: Alaska, Royal Caribbean
Negotiations on a deal on the border and aid could collapse thanks to Trump. AdvertisementRepublicans and Democrats have spent weeks carefully negotiating a massive, bipartisan immigration and foreign aid deal, leaving Ukraine in a wait-and-see position on critical support. As both sides moved closer toward a possible agreement, former President Donald Trump stepped in to torpedo attempts at a compromise. Chip Somodevilla/Getty ImagesDespite the border deal being notably to the right of the Biden administration's stances on immigration, the bipartisan bill could be a win for Biden ahead of the election. He appeared to be referring to a contingent of GOP lawmakers who have loudly denounced future US support for Ukraine.
Persons: Trump, , Donald Trump, Mitch McConnell, Trump's, McConnell, Joe Biden, Sen, Marco Rubio, Joe Raedle, Mitt Romney, Biden, Todd Young, America, Donald Trump grins, Chip Somodevilla, Mike Johnson, it's, Johnson, Marjorie Taylor Greene, Greg Abbott, Volodymyr Zelenskyy, Artur Widak, Zelenskyy Organizations: Service, Republicans, Democrats, Punchbowl News, Miami - Dade Country Fair, Republican, CNN, Las, Immigration, Ukraine, Biden, Texas, Getty, US, NATO, Republican Party Locations: Ukraine, Russia, Iowa, New Hampshire, Miami , Florida, Las Vegas, Israel, Mexico, Rio, Warsaw, Poland, Washington, Russian
"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.
Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, , Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut
Companies are actively hiring workers with generative AI skills. Advertisement"We were surprised to see the proliferation of generative AI skills being required in jobs that are not developing these technologies," Kane said. JOSH EDELSON/AFP via Getty ImagesMeta has released a number of AI projects, including AI chatbots and Ray-Ban Smart Glasses. AdvertisementAmazon's is currently hiring for a generative AI data scientist to work on the AWS team. It's currently hiring for an advanced AI research scientist and responsible AI advisor.
Persons: , Layla O'Kane, Kane, Mark Zuckerberg, JOSH EDELSON, PNNL, Artur Widak, Anthropic, It's, there's Organizations: Meta, Service, Getty, Capital, Pacific Northwest National Laboratory, US Department of Energy, AWS, Accenture, Nvidia, Microsoft Locations: AFP, Asia
Thousands of current and former interns were surveyed about the most prestigious internships. The 13,000 interns rated the top companies on a scale of 1 to 10. Career intelligence company Vault surveyed 13,000 current and former interns, and they shared which companies they believe have the most prestigious internships. Wall Street summer interns can earn over $52,000 before taxes at some firms during their 11-week program. Here are the top 10 most prestigious internships according to thousands of current and former interns.
Persons: , J.P, Morgan Mike Kemp, Jason Reed JIR, McKinsey & Company FABRICE COFFRINI, Joe Raedle, Morgan Stanley, Morgan Stanley's, Michael M, Goldman Sachs Michael M, Microsoft Toby Scott, Artur Widak Organizations: Service, White, Getty, CIA, U.S . Central Intelligence Agency, McKinsey & Company, SpaceX SpaceX, Times, Apple, California Thomson Reuters, Microsoft, NASA Locations: Langley, REUTERS, AFP, Palo Alto, California
Many McDonald’s operators in the region quickly distanced themselves from the Israeli operator’s actions. “It’s less control.”As the public feud plays out in the Middle East, McDonald’s corporate hasn’t said much about the war. What’s going on with McDonald’s in the Middle EastOnline, McDonald’s operators have made clear that they are independent of each other. “McDonald’s Pakistan is a wholly Pakistani entity owned and managed by SIZA foods,” reads a statement posted by McDonald’s Pakistan on X, formerly Twitter. Nierman suspects that many McDonald’s customers might not be paying too much attention either way.
Persons: McDonald’s, Artur Widak, , Andrew Gilman, hasn’t, Michael Seid, , Seid, Al Maousherji, ” Gilman, Evan Nierman, ” Nierman Organizations: New, New York CNN, Palestinian Ministry of Health, Hamas, CNN, Food Program, MSA, , McDonald’s, Al, Al Maousherji Catering, Kuwait Red Crescent Society, Universities Locations: New York, Israel, McDonald’s Israel, Kuwait, Pakistan, Gaza, United States, , McDonald’s Pakistan, McDonald’s Kuwait, Kuwaiti, Palestine,
Berlin CNN —My 12-year-old son is cutting school on September 15 — an act of non-violent civil disobedience that his mother and I approve of entirely. Then-15-year-old Swedish student Greta Thunberg leads a school strike in Stockholm, 2018. Irish schools students demand immediate action on climate change during the "Global School Strike for Climate Action" march from St Stephen's Green to Leinster House in 2019. An array of climate activist groups surged in the slipstream of the global climate strikes, and now campaign on their own and together with it. The majority must mobilize and the global climate marches are one, high-profile, legitimate way to do it.
Persons: Paul Hockenos, , Paul Hockenos Hayyan, Greta Thunberg, Michael Campanella, Essien, ” They’ve, Stephen's Green, Artur Widak, Organizations: CNN, Berlin CNN, Leinster House, Deal, Biden, Future, Entrepreneurs for Future, Twitter, Facebook Locations: Berlin, Europe, New Berlin, Stockholm, Sweden, Montana, Stephen's, Germany, California, Greece
Jozef and Wiktoria Ulma and their family were murdered by the Nazis in March 1944 for sheltering a Jewish family. “At the time of the massacre, Signora Wiktoria Ulma was in an advanced state of pregnancy with her seventh child,” the statement from the dicastery said. The Ulma family were killed for sheltering a Jewish family for 18 months, according to the supporting documents accompanying the beatification, which is the final step before sainthood. The Jewish family were also murdered. Czarek Sokolowski/APThis will be the first time an entire family has been elevated toward sainthood, according to the Vatican’s media office.
Persons: Jozef, Wiktoria Ulma, Pope Francis, Artur Widak, , Wiktoria, Jozef Ulma, Czarek, Organizations: CNN Locations: Markowa, Poland, Markowa Cemetery
Among its purchases are US-made tanks and helicopters designed to work in tandem on the battlefield. Despite only being a member of NATO since 1999, Poland is spending much more than older alliance members. Poland has sent some of its older hardware to Ukraine, including Soviet-designed MiG-29 fighter jets and T-72 tanks and Polish-built Krab 155-mm self-propelled howitzers. WOJTEK RADWANSKI/AFP via Getty ImagesWhat is significant isn't just Poland's spending spree but also what it is buying. Poland is also spending $10 billion for 18 HIMARS launchers and reportedly plans to acquire up to 500 more launchers.
Persons: Mariusz Blaszczak, WOJTEK RADWANSKI, Radosław Sikorski, Artur Widak, Abrams, Vladimir Putin's, Michael Peck Organizations: Service, NATO, International Institute for Strategic Studies, Apaches, Polish Army, Getty, Abrams, US State Department, Joint, Army Tactical Missile, Financial Times, AHS, Nowa, Soviet, US Army, Apache, U.S . Army, Aviation, Defense, Foreign Policy, Twitter, LinkedIn Locations: Poland, Europe, Ukraine, Wall, Silicon, Germany, France, Soviet, Warsaw, AFP, South Korea, Russia, Polish, Forbes
CNN —The color of the ocean has changed significantly over the last 20 years and human-caused climate change is likely responsible, according to a new study. They analyzed color variation data from 2002 to 2022 and then used climate change models to simulate what would happen to the oceans both with additional planet-heating pollution and without. The color changes matched almost exactly what Dutkiewicz predicted would happen if greenhouse gases were added to the atmosphere – that around 50% of our oceans would change color. Dutkiewicz, who has been running simulations that showed the oceans were going to change color for years, said she is not surprised at this finding. Dutkiewicz told CNN it was difficult to say whether color changes could become visible to humans if the process continues.
Persons: Artur Widak, Stephanie Dutkiewicz, Dutkiewicz, Organizations: CNN, National Oceanography Center, Massachusetts Institute of Technology, MIT’s Department of, Planetary Sciences, Center for Global, Aqua
The Bradleys are among almost 3,600 pieces of military equipment Ukraine has lost in the war, according to Oryx. Meanwhile, the website says it has documented the loss of more than 10,600 pieces of Russian military equipment. In a statement in Monday, Moscow claimed it had destroyed multiple Ukrainian armored vehicles in the Zaporizhzhia region. However, Russian anti-tank troops stand in their way, cold-bloodedly turning Western armored vehicles into scrap heaps,” the Russian Ministry of Defense said. While Russian forces continue to hold the city, Ukraine’s forces have concentrated their efforts on areas to the northwest and southwest.
Persons: Jakub Janovsky, Bradley, Bradleys, Rebecca D’Angelo, Artur Widak, ” D’Angelo, James “ Spider ” Marks, , Hanna Maliar, Maliar, Mark Hertling, ” Hertling, CNN’s Jim Acosta, , ” Serhii Cherevatyi, Cherevatyi, Hertling Organizations: CNN, US Bradley, Washington, US, 841st Transportation Battalion, 2nd Battalion, 70th Armored Regiment, 1st Infantry Division, Bradley Fighting, US Army, Russian Ministry of Defense, Deputy, Russia’s Ministry of Defense, Vostok, Russian Defense Ministry, Russian Locations: Ukraine, Russia, Donetsk, Nowa Deba, Poland, Bradleys, Moscow, Zaporizhzhia, Russian, Velyka, Makrivka, Ukrainian, Neskuchne, Urozhaine, Orikhiv, Bakhmut
I'm Diamond Naga Siu, and I'm taking a few days off to watch my best friend graduate with their PhD. (Don't worry, my colleagues in London will be bringing you your daily dose of tech news while I'm away.) Pharmacy startup TruePill is searching for its panacea. Employees told to "drink the Kool-Aid" at Larry Page's startup. Current and former employees told Insider about the recent turmoil.
More than 43 million Americans together owe $1.6 trillion in student loans. That additional load could weigh on consumer spending, and eventually increase delinquencies on other payments like credit cards and personal loans, strategists said. "We view the resumption of student loan debt payments as an incremental headwind for borrowers and consumer finance companies," BofA said. This, in other words, means the odds of the hotly-anticipated recession are about to go up as consumers divert cash back to student loan payments. Do you have student loans?
Tuesday's announcement comes about a week after reports started surfacing that the Facebook and Instagram parent would potentially slash thousands more jobs . Jim Cramer on Tuesday said Zuckerberg's "flatter is faster" and "leaner is better" approach is another positive step toward focusing on profitability. META 1Y mountain Meta Platforms (META) 1-year performance In November, Meta announced it was letting go of 11,000 employees , or about 13% of its workforce at that time, after overhiring during the Covid pandemic. Jim said in Tuesday's Morning Meeting that Meta is "rapidly becoming my favorite stock in the portfolio." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Abramses are better than Russian tanks, and Russia isn't making enough anti-tank weapons to beat them, a top Russian defense expert says. "Now Russian tanks use old Soviet shells in their ammunition," Pukhov said, according to a translation of the article. US Abrams tanks and a German Leopard at a training ground in Poland in September 2022. Artur Widak/NurPhoto via Getty ImagesNonetheless, even without Western tanks, Ukraine has managed to shred Russian armor. Perhaps Russia should focus less on the technical characteristics of American tanks and more on how to use Russian tanks better.
NATO leaders have been worried by the heavy casualties and massive ammunition usage in Ukraine. "The scale of this war is out of proportion with all of our recent thinking," NATO's top general said in January. Now the scale and intensity of the fighting in Ukraine has raised questions about the alliance's ability to fight a big-unit war against Russia. "Scale, scale, scale," US Army Gen. Christopher Cavoli, NATO's Supreme Allied Commander Europe, told a Swedish defense conference in January. That Moscow is buying artillery shells from North Korea suggests that Russia's military is no shape to fight NATO and Ukraine.
Despite German efforts to pressure the U.S. into providing Abrams tanks to Ukraine, the Pentagon’s top leaders are against sending them, three U.S. officials said. At the same time, the officials said President Joe Biden would not pressure Germany to send the Leopard tanks to Ukraine. Asked Friday about sending Abrams tanks to Ukraine, Biden was noncommittal. They also have argued they are not the right vehicles for the fight in Ukraine right now, according to the officials. Artur Widak / AP fileU.S. officials said opposition within the Biden administration to sending Abrams tanks to Ukraine is not due to concerns Russia would see the move as escalatory.
San Francisco should be a cautionary tale for cities that rely on tech firms to fill office space. At least nine companies have exited office space in the city, . Salesforce CEO Marc Benioff told Bloomberg that San Francisco needed "more diversity" in its economic and tax base, as well as more residential homes and cultural attractions downtown. Meta is planning to leave some of its office space in San Francisco. PayPal left its office in San Francisco this summer.
But we've got more to talk about today, including the disappearance of lavish tech industry perks, and which generation of workers are most likely to feel "tech shame." When Elon Musk purchased Twitter, one of the first things he did was take away perks related to wellness, family planning, productivity, training, and home offices. The disappearance of perks is a shift from the decade before, when perks helped companies differentiate themselves from competitors. We explain why the perks of tech work are rapidly disappearing. Musk made the comments before the closure of his Twitter poll, which asked users if he should stay.
“At exactly 7 a.m. the (Ukrainians) subjected the center of Donetsk (city) to the most massive strike since 2014,” the Moscow-appointed mayor, Aleksey Kulemzin, posted on Telegram. “Forty rockets from BM-21 ‘Grad’ MLRS were fired at civilians in our city,” he said Thursday, adding that a key intersection in Donetsk city center had come under fire. A firefighter works inside a destroyed apartment of a residential building hit by shelling in Donetsk on December 15. Men insert wooden boards in the window of a bank next to the building of the State Administration of Kherson after a rocket attack in Kherson city on Wednesday. “And these realities indicate that the Russian Federation has new subjects,” he said, referring to four areas Russia has claimed to have annexed, Donetsk, Kherson, Luhansk and Zaporizhzhia.
The Biden White House hasn't made any determination yet on a TikTok ban, Kemba Walden, Principal Deputy National Cyber Director, said at the CNBC Technology Executive Council Summit on Tuesday. With national defense the focus, she said the White House is looking at strategic investments to identify how to make domestic systems more resilient and counter information operations. Walden said she is concerned not only as a White House official but as a parent. The Office of the National Cyber Director was established by the Biden administration in 2021, with Chris Inglis being named the first National Cyber Director. Walden said increasing cybersecurity education is just one of the ways the White House is aiming to "get in front of the adversary."
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