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Opinion | Ethical Lapses in the Medical Profession
  + stars: | 2024-05-14 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Moral Dilemmas in Medical Care” (Opinion guest essay, May 8):It is unsettling, and dismaying, to read Dr. Carl Elliott’s account of moral lapses continuing to exist, if not thrive, in medical education. As a neurology resident in the early 1970s, I was assigned a patient who was scheduled to have psychosurgery. He was a prisoner who had murdered a nurse in a hospital basement, and the surgery to remove part of his brain was considered by the department to be a therapeutic and even forward-looking procedure. This was despite its being widely discredited, and involving a prisoner who could not provide truly informed consent. It is lamentable that even though bioethics programs are widely incorporated into medical education, moral and ethical transgressions remain a stubborn problem as part of medical structures’ groupthink.
Persons: Carl Elliott’s
The new Swiss Army Knife will be missing a key feature
  + stars: | 2024-05-07 | by ( Jack Guy | ) edition.cnn.com   time to read: +2 min
CNN —The maker of the Swiss Army Knife is working on a new version of the classic multi-tool, which won’t have a blade. “We are in the early stages of developing pocket tools without blades,” a spokesperson for Swiss firm Victorinox told CNN in a statement Tuesday, adding that they will compliment the existing range of multi-tools rather than replacing them. Adrian Moser/Bloomberg/Getty ImagesCNN contacted Victorinox after company CEO Carl Elsener Jr. told Swiss media outlet Blick that he is concerned about increasingly stringent regulations on knives in many markets. For example, increasing concern over the prevalence of knife crime means that the British government is considering new legislation on bladed articles, and Elsener himself referenced the country’s rules. “In England or certain Asian countries, you are sometimes only allowed to carry a knife if you need to have it to do your job or operate outdoors,” said Elsener.
Persons: Victorinox, , Adrian Moser, Carl Elsener Jr, Elsener, Karl Elsener, Arnd Wiegmann, Elsener Jr, CNN’s Richard Quest Organizations: CNN, Swiss Army, Bloomberg, Getty Images CNN, , “ Cyclists, Reuters Locations: Ibach, Switzerland, Swiss, England,
Did she understand that when the lights went dim she would be treated like a clinical practice dummy, her genitalia palpated by a succession of untrained hands? I don’t know. Like most medical students, I just did as I was told. Much of the force behind the new requirement came from distressed medical students who saw these pelvic exams as wrong and summoned the courage to speak out. Whether the guidance will actually change clinical practice I don’t know.
Organizations: of Health, Human Services
The Louisiana secretary of state has ordered that the congressional map be finalized by May 15. Even so, they said, it was evident that creating a second district with a majority of Black voters was lawmakers’ overarching objective. But in the map drawn by the Republican-controlled Legislature, only one of the six congressional districts had a majority Black population. The ruling reaffirmed the Voting Rights Act of 1965, which had been diminished over the years by the court’s conservative majority. Critics of Tuesday’s ruling argued that the repercussions in Louisiana could extend beyond a single election, or even partisan divisions.
Persons: , Critics, Eric H, Holder Jr, Liz Murrill, “ I’ve, , David C, Joseph, Robert R, , Carl E, Stewart, , Tuesday’s, Ashley Shelton, Ms, Shelton Organizations: Black, U.S . Constitution, National Democratic, Republican, U.S, Supreme, . Constitution, State Legislature, Lawmakers, U.S ., Appeals, Fifth Circuit, American, Western, Western District of, Louisiana Legislature, voters, Power Coalition for Equity, Justice Locations: Louisiana, U.S ., ., Baton Rouge, Shreveport, Western District, Western District of Louisiana, Black, U.S
Nov 28 (Reuters) - Workday (WDAY.O) raised its annual subscription revenue forecast and beat estimates for quarterly profit and revenue on Tuesday, benefiting from an easing macro environment and strong demand for its cloud-based software services. Shares of the Pleasanton, California-based company rose 3.2% in extended trading. The company now expects full-year subscription revenue of $6.598 billion, compared with its previous expectation of $6.570 billion to $6.590 billion. The company reported third-quarter total revenue of $1.87 billion, higher than analysts' estimates of $1.85 billion, according to LSEG data. Workday's subscription revenue rose 18.1% to $1.69 billion.
Persons: Carl Eschenbach, Zaheer Kachwala, Maju Samuel Organizations: ADP, Accenture, Thomson Locations: Pleasanton , California, Bengaluru
A movie director used Netflix funds to trade options and cryptocurrencies, The New York Times said. "47 Ronin" director Carl Erik Rinsch bet on Gilead Sciences and dogecoin, and against the S&P 500. He lost $6 million on options, but a winning bet on dogecoin boosted his balance to $27 million. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA Hollywood director took millions of dollars of production funding from Netflix and used it to trade stock options and cryptocurrencies, The New York Times said on Wednesday.
Persons: Carl Erik Rinsch, dogecoin, , Here's, Carl Erik Rinsch's, Rinsch's, Rinsch, Gilead, Dogecoin, Constantin, Rinsch didn't Organizations: The New York Times, Gilead Sciences, Service, Netflix Locations: The, Gilead
He had directed only one movie, “47 Ronin.” It was a commercial and critical dud, and Mr. Rinsch’s tussles with its producers had raised eyebrows, even in an industry where such conflicts are the norm. Amid the feeding frenzy, the project that Mr. Rinsch was pitching — a science-fiction series about artificial humans — became a hot property. After a competitive auction, Mr. Rinsch and his representatives reached an informal eight-figure agreement with Amazon. The project with Mr. Rinsch has turned into a costly fiasco, a microcosm of the era of profligate spending that Hollywood studios now are scrambling to end. Netflix burned more than $55 million on Mr. Rinsch’s show and gave him near-total budgetary and creative latitude but never received a single finished episode.
Persons: Carl Erik Rinsch, Rinsch’s, Rinsch, Cindy Holland Organizations: Disney, Apple, Amazon, Netflix, Hollywood Locations: Hollywood
Wall Street banks are turning to AI to streamline processes like writing performance reviews. Software firm Workday said it's seen an uptick in banks expressing interest in its new AI products. AdvertisementWall Street banks are looking to speed up operations and cut costs by deploying AI to write performance reviews among other tasks, a Workday boss said in an interview with Bloomberg at its conference in Barcelona. Workday's co-CEO Carl Eschenbach said Wall Street banks are keen to get their hands on some of its new AI products. A number of Wall Street banks are optimistic about how AI will improve productivity since the launch of OpenAI's chatbot ChatGPT in November 2022.
Persons: , Workday's, Carl Eschenbach, Eschenbach, ChatGPT, Jamie Dimon Organizations: Deutsche Bank, Service, Bloomberg Locations: Barcelona
But tax rises will be very hard to avoid for whichever party forms the next government, says James Smith, a former Bank of England economist who is research director at the Resolution Foundation, which focuses on issues affecting low and middle earners. For earlier governments, the main way to increase tax levels has been to raise the rate of national insurance - a payroll tax paid by employers and employees - and, in the Conservatives' case, higher value-added tax. Annual GDP growth averaged 2.0% from 2010-2019, compared with 3.0% from 1997-2007. Asked on Sunday about widespread reports of looming tax cuts, Hunt told Sky News: "Everything is on the table ... Higher-than-expected inflation has boosted tax revenue and overall GDP in cash terms, giving more leeway against fiscal targets as most public services' spending budgets are fixed.
Persons: Susannah Ireland, Jeremy Hunt, Rishi Sunak's, James Smith, Smith, Britain's, It's, Carl Emmerson, Hunt, Foundation's Smith, David Milliken, Mike Harrison Organizations: REUTERS, Labour Party, Bank of England, Organisation for Economic Co, Development, Britain, Conservatives, Fiscal Studies, Foundation, Reuters, Monetary Fund, Institute for Government, Sky News, British, Reuters Graphics, Thomson Locations: City, London, Britain, Ukraine
But keeps buy rating ahead of the video streamer's quarterly earnings out next month. Online advertising tech company Trade Desk (TTD) started with a buy rating and a $100-per-share price target at UBS. Bank of America cuts price target on Advance Auto Parts (AAP) to $60 per share from $75. Paychex (PAYX) gets multiple price target increases at TD Cowen (keeps buy rating), Morgan Stanley (keep hold rating), and Bank of America (keeps sell rating). Barclays cuts price target on United Parcel Service (UPS) to $175 per share from $180.
Persons: Matt Boss, Banks, Morgan Stanley, Jim Cramer's, Carl Eschenbach, Aneel, TD Cowen, Cowen, Price Organizations: JPMorgan, Netflix, Trade, UBS, BMO Capital, Bank of America, Parts, Diageo, DEO, CNBC, Club, Corona, Modelo, Constellation Brands, Walgreens, Alliance, Barclays, United Parcel Service Locations: Fargo
Workday (WDAY) plunged on Thursday after management lowered its outlook for subscription revenue growth. Shares of the software company declined nearly 10%. Jim Cramer described the long-term forecast, which was released on Wednesday, as "worrisome" but said Workday's past fundamentals have been solid. "This company has been straight-shooting so maybe we can feel whether the stock's [move] is an overreaction," Jim said. The CNBC Investing Club does not own Workday but holds shares of Salesforce (CRM), another enterprise software giant.
Persons: Jim Cramer, Jim Cramer's, Jim, Carl Eschenbach, Aneel Organizations: BMO Capital, CNBC
Co-CEOs of Workday , Aneel Bhusri and Carl Eschenbach, told CNBC's Jim Cramer artificial intelligence is worth a hefty upfront cost. "I think AI is as important and maybe as disruptive as the cloud was," Bhusri said. "Different than the cloud, these large language models that AI are based on, they require massive amounts of compute to build the models and train the models. And so there's an upfront cost that we all just have to recognize. Bhusri and Eschenbach explained that their company's AI program is especially helpful to managers, as it will be able to write job descriptions and career growth plans.
Persons: Bhusri, Carl Eschenbach, CNBC's Jim Cramer, Eschenbach, It's, Thursday's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Jim Cramer, Carl Eschenbach, Aneel
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Aneel Bhusri, Jim Cramer, Carl Eschenbach, Aneel
It is the first inning, you might say, and Carl Erskine does not have his best stuff. A camera crew has set up in his living room, and a filmmaker, Ted Green, gently tries to guide Erskine through a short speech. There has always been something inviting about Erskine, a welcoming look that draws you in warmly and melts away the decades. “He’s a 96-year-old guy,” Green says, “with 12-year-old eyes.”Soon the eyes are dancing and the memories come rushing back. Erskine keeps one beside the lamp on the end table, an out pitch he can always reach.
Persons: Carl Erskine, Ted Green, Erskine, Erskine apologizes, , ” Green, he’ll, , Betty Erskine Organizations: Brooklyn Dodger, Ebbets Field
MLB roundup: Red Sox thrash Yankees 15-5
  + stars: | 2023-06-17 | by ( ) www.reuters.com   time to read: +11 min
Turner went 3-for-5 with a two-run homer and a grand slam as Boston compiled a season-high 17 hits. Domingo German (4-4) was charged with seven hits and seven runs over two-plus innings. He followed it with a two-run homer in the third for his seventh career multi-homer game. He allowed Oakland's lone run in the third and yielded seven hits while striking out eight without issuing a walk. Twins starter Joe Ryan (7-4) allowed six runs and seven hits in seven innings.
Persons: Justin Turner, Rob Refsnyder, Paul Rutherford, Masataka Yoshida, Turner, Tanner Houck, Joe Jacques, Josh Donaldson, Anthony Rizzo, Domingo German, Brandon Crawford, Wilmer Flores, San Francisco, Austin Slater, Taylor Rogers, Jakob Junis, Emmet Sheehan, Alex Vesia, Andrew Abbott, Tyler Stephenson, Abbott, Stephenson, Miguel Amaya, Dansby Swanson, Christopher Morel, Morel, Nico Hoerner, Trey Mancini, Kyle Hendricks, Austin Hays, Ryan O'Hearn, Shane McClanahan, Randy Arozarena, McClanahan, Nelson Cruz, Isaac Paredes, Yu Darvish, Danny Jansen, Kevin Gausman, Jansen, Leody Taveras, Martin Perez, Luis Arraez, Arraez, Andrew Nardi, Puk, Lane Thomas, Jeimer Candelario, Carl Edwards Jr, NL Cy Young, Sandy Alcantara, Tylor Megill, Louis, Brett Baty, Tommy Pham, Daniel Vogelbach, Willson Contreras, Miles Mikolas, Travis d'Arnaud, Jared Shuster, d'Arnaud, Eddie Rosario, Joey Wiemer, Blake Perkins, Julio Teheran, Devin Williams, Jason Delay, Carlos Santana, Ke'Bryan Hayes, Rich Hill, Patrick Sandoval, Sandoval, Brandon Drury, Shohei Ohtani, Sam Bachman, Brady Singer, Kyle Schwarber, Taijuan Walker, Realmuto, Alec Bohm, Walker, Bryce Harper, Javier Baez, Matt Vierling, Mason Englert, Will Vest, Alex Kirilloff, Donovan Solano, Edouard Julien, Joe Ryan, Zac Gallen, Ketel Marte, Corbin Carroll, Christian Walker, Jose Ramirez, Triston McKenzie, Touki Toussaint, Teoscar Hernandez, Ty France, Matt Brash, Paul Sewald, Gavin Sheets, Andrew Benintendi, Tanner Banks, Hernandez's Organizations: Boston Red Sox, New York Yankees, Fenway, USA, Boston, Red Sox, New, Giants, Dodgers, San, Los, Reds, Astros, Cincinnati, Houston, Cubs, Orioles, Chicago, Baltimore, Rays, Padres, Tampa Bay, San Diego, Blue Jays, Rangers, Toronto, Marlins, Nationals, Miami, Washington, NL Cy, Mets, Cardinals, St, Braves, Rockies, Atlanta, Colorado, The Braves, Brewers, Pirates, Milwaukee, Pittsburgh, The Pirates, Royals, Angeles, Kansas City, Angels, Phillies, Athletics, Philadelphia, Oakland, JP Sears, Tigers, Minnesota, Twins, Diamondbacks, Arizona, Cleveland, Guardians, Mariners, White Sox, Seattle, Thomson Locations: Boston , Massachusetts, USA, New York, Los Angeles, France, San, Arlington , Texas, Toronto, Detroit, Minnesota, Minneapolis, Phoenix, Gallen
ALBANY, N.Y. — Gov. Kathy Hochul on Thursday announced that she and state lawmakers had reached an agreement on a roughly $229 billion state budget that would change the state’s bail laws, increase the minimum wage and provide urgently needed funding for New York City’s transit system. The deal capped weeks of contentious negotiations that divided the governor and the Democrat-led State Legislature, delaying its expected passage by almost a month — the latest budget in over a decade. The broad strokes of the “conceptual agreement” were revealed by the governor at an impromptu news conference at the State Capitol on Thursday evening; some of the details, Ms. Hochul said, were still being “fine tuned.”Representatives for Andrea Stewart-Cousins, the majority leader in the State Senate, and Carl E. Heastie, the Assembly speaker, confirmed the deal. Lawmakers, who had already left Albany for the week because they had not anticipated an agreement, are expected to vote to approve the budget as early as next week.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've built A.I. and machine learning into our platform instead of 'bolting' them on: Software firmCarl Eschenbach of Workday says it's "costly" for companies to "bolt" on artificial intelligence and machine learning.
MLB roundup: Rays improve to 8-0 with rout of A's
  + stars: | 2023-04-09 | by ( ) www.reuters.com   time to read: +11 min
Springs scattered three hits, struck out seven and walked three while logging seven innings. The Astros rallied in the ninth on Jeremy Pena's two-run homer against Jovani Moran. Adam Duvall blasted a two-run homer and a pair of doubles while scoring three times. Pete Alonso and Eduardo Escobar each hit two-run homers for the Mets, who have won five of six games against the Marlins. Perdomo had three RBIs and two hits as Arizona racked up season highs for runs and hits (17).
Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Workday , a cloud-only business planning software company, will lay off 3% of its employees, the company's co-CEOs wrote in a message to employees Tuesday. In October 2022, the company reported head count of more than 17,500 employees, an increase of over 15% compared with January of that year. The cuts are not the result of overhiring and the "majority" will occur in Workday's technology and product units, co-CEOs Aneel Bhusri and Carl Eschenbach wrote. Severance packages for international employees would be "similar" to those offered to U.S. employees, Bhusri and Eschenbach wrote in the message.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday co-CEO: We're going to add 'several thousand new heads' this yearAneel Bhusri and Carl Eschenbach, Workday co-CEOs, join 'Squawk Box' to discuss the pairing of Bhusri and Eschenbach as co-CEOs, the higher aspirations for the company, and more.
Workday said on Tuesday that co-CEO Chano Fernandez is leaving the company and being replaced by Sequoia Capital's Carl Eschenbach, a former VMware executive and member of Workday's board. Eschenbach will serve alongside Aneel Bhusri, who co-founded the company in 2005. Bhusri became a co-CEO again in 2020 with the appointment of Fernandez, a former SAP executive who joined Workday in 2014. Before Workday, Bhusri held leadership roles at PeopleSoft, which Oracle acquired in 2005 for $11.1 billion. WATCH: Workday co-CEO on the firm's quarterly results and why its finance applications saw strength
Hunt, reminding lawmakers of his own past as an entrepreneur in marketing and publishing, made accelerating economic growth a priority in his budget speech to parliament on Thursday. Britain is badly in need of a growth fillip. It also cut its growth forecast for 2024 to 1.3% before a better couple of years thereafter with growth at 2.6% and 2.7%. It said Hunt's plan to cut public investment from 2024 would probably weigh on productivity growth - key to an economy's long-term prospects - beyond its five-year forecasts. "I have tried to avoid anything that damages long-term growth," Hunt told the BBC.
London CNN Business —Britain’s third prime minister in seven weeks will face the huge challenge of projecting stability after a period of historic political and financial market chaos. Rishi Sunak emerged over the weekend as the clear front-runner in the dramatic race to replace Liz Truss, who’s set to be the shortest-serving prime minister in UK history. “A key focus for the next Prime Minister and their chosen Chancellor needs to be fiscal responsibility,” Carl Emmerson, deputy director of the Institute for Fiscal Studies, said in a statement. An economy in recessionThe Bank of England forecast last month that the UK economy was already in recession. 10 Downing Street, investors and economists expect the revamped economic plan outlined by current finance minister Jeremy Hunt to remain intact.
Separate official data showed Britain's borrowing grew by more than expected, underscoring the challenge facing new finance minister Jeremy Hunt and whoever succeeds Liz Truss as prime minister next week. Sales volumes fell by 1.4% from August - almost three times the 0.5% fall in a Reuters poll of economists. Separate data published by the ONS showed Britain borrowed 20.01 billion pounds ($22.37 billion) in September, more than the 17.1 billion pounds expected in the Reuters poll of economists. So far in the 2022/23 financial year, which began in April, borrowing stands at 72.5 billion pounds, down about 26% from the same period last year but almost 36 billion pounds more than in the April-September period of 2019, before the pandemic. He said borrowing this year could be almost 200 billion pounds, double the Office for Budget Responsibility's forecast.
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