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Read previewSam Altman's brief ousting as OpenAI CEO didn't just thrust the company further into the global spotlight amid reported personality clashes. It's also highlighted a bigger ethical debate in Silicon Valley: how fast companies should move when pushing out AI technology. Broadly speaking, the debate lies in whether you think that moving full-speed ahead on AI technology will save the world or you think the industry needs to slow down. One key Silicon Valley backer of the idea is veteran venture capitalist Marc Andreessen . His advice to Silicon Valley: "I would encourage any watchers of the industry to not get stuck in a divisive set of rhetoric."
Persons: , Sam Altman's, didn't, It's, Altman, he's, you've, Marc Andreessen, Elon Musk, Peter Thiel, Sam Bankman, Helen Toner, Tasha McCauley, Toner, McCauley, Altman's, EAs —, Sriram Krishnan, Andreessen Horowitz, — Sriram Krishnan, Gaurab Bansal Organizations: Service, Business, acc, EA, Elon, Wall Street Journal, EAs, Labs, US Department of Commerce, Innovation Labs Locations: Silicon Valley, Silicon
The Surprising Fast Track to Your Own Corner Office
  + stars: | 2023-11-07 | by ( Anne Marie Chaker | ) www.wsj.com   time to read: 1 min
It’s the career track of legends: Lowly executive assistant rises to the top from the desk outside the corner office. In reality, the assistant-to-boss trajectory has become a rarity in today’s business world as EAs slowly disappear as both a senior-executive perk and a career path. Yet among the crème of the calendar-keepers, some do climb to the highest rungs—and how they do it carries important career-building lessons.
Persons: perk
It’s the career track of legends: Lowly executive assistant rises to the top from the desk outside the corner office. In reality, the assistant-to-boss trajectory has become a rarity in today’s business world as EAs slowly disappear as both a senior-executive perk and a career path. Yet among the crème of the calendar-keepers, some do climb to the highest rungs—and how they do it carries important career-building lessons.
Persons: perk
Starting at approximately 2:20 pm ET on Wednesday, the federal government will begin conducting a nationwide test of its Emergency Alert System and Wireless Emergency Alerts. Radio and TV stations will also blare a test alert at around the same time. Here are answers to all of your burning questions about today’s emergency alert test. There are, however, three conditions which would prevent the cell phone alert from getting delivered to a device. Meanwhile, all radios and televisions will also broadcast a test emergency alert at the same time as part of the broader test.
Organizations: New, New York CNN, US, WEA, Federal Emergency Management Agency, Federal Communication Commission, Radio, FEMA, Wireless, National Wireless, Emergency Locations: New York, United States
Your phone just sounded an alarm. Don't panic.
  + stars: | 2023-10-04 | by ( Haley Tenore | ) www.businessinsider.com   time to read: +3 min
FEMA is working with the FCC to send out a nationwide test of the emergency alert system. Don't be alarmed, it was just a scheduled test from the emergency alert system. The phone alert displayed the text, "THIS IS A TEST of the National Wireless Emergency Alert System. FEMA sent out a national test of its emergency alert system. AdvertisementAdvertisementFEMA and the FCC testing out the emergency alert system is not out of the ordinary.
Persons: , Don't, Haley Tenore, Nino Correa Filomeno Organizations: FEMA, FCC, Service, Federal Emergency Management Agency, Federal Communications Commission, Puerto Rico Emergency Management Bureau, National Wireless, Puerto Rico Emergency Management Agency, EAS Locations: Puerto Rico, Hawaii, Guam, Montana
FEMA is working with the FCC to send out a nationwide test of the emergency alert system. The phone alert will show the text, "THIS IS A TEST of the National Wireless Emergency Alert System. The EAS normally sends out notifications for severe weather and amber alerts, according to the FCC. It is able to broadcast messages by radio and TV, along with wireless emergency alerts that are received via text message. FEMA and the FCC testing out the emergency alert system is not out of the ordinary.
Persons: , Don't, it's, Nino Correa Filomeno Organizations: FEMA, FCC, Service, Federal Emergency Management Agency, Federal Communications Commission, Puerto Rico Emergency Management Bureau, National Wireless, Puerto Rico Emergency Management Agency, EAS Locations: Puerto Rico, Spanish, Guam, Hawaii, Montana
The federal government said it will conduct on Wednesday afternoon a nationwide test of its Emergency Alert System and Wireless Emergency Alerts. Beginning at approximately 2:20 pm ET this Wednesday, all wireless phones should receive an alert and an accompanying text message that reads: “THIS IS A TEST of the National Wireless Emergency Alert System. Meanwhile, all radios and televisions will also broadcast a test emergency alert at the same time as part of the broader test. The first-ever test of the Emergency Alert System occurred more than a decade ago, in 2011. And earlier this year in Florida, state emergency management officials issued an apology after Floridians were awoken at 4:45 a.m. by a test emergency alert sent to their phones.
Persons: Floridians Organizations: CNN, WEA, Federal Emergency Management Agency, Federal Communication Commission, National Wireless, FEMA, Emergency Locations: United States, Hawaii, Florida
Sam Bankman-Fried's younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker-state, a lawsuit filed in Delaware bankruptcy court shows. There's also a fascination with buying large estates in the Pacific, and even owning small islands there. In his years running FTX, the elder Bankman-Fried brother touted a philanthropic lifestyle called effective altruism and established the philanthropic arm with that in mind. Along with an unnamed philanthropic officer of FTX, he considered buying Nauru, in part to foster "sensible regulation around human genetic enhancement, and build a lab there." A representative for Nauru confirmed the island nation was not and has never been for sale.
Persons: Sam Bankman, Gabe Bankman, Fried, Cromwell, There's, FTX, Clinton Organizations: Sullivan, Washington , D.C, Nauru, Fried Locations: Nauru, Delaware, Washington ,, Brisbane, Australia
A spokesperson for defendant Blue Cross Blue Shield Association declined to comment on pending litigation. A representative from Blue Cross Blue Shield of Michigan also declined to comment. The lawsuit seeks to bar Blue Cross Blue Shield's alleged anticompetitive conduct, and it also seeks triple damages and other remedies. Ford's lawsuit said Blue Cross Blue Shield of Michigan is the country's ninth largest insurer based on its 4.5 million enrollees. The case is Ford Motor Co v. Blue Cross Blue Shield of Michigan Mutual Insurance Company and Blue Cross Blue Shield Association, U.S. District Court for the Eastern District of Michigan, No.
Persons: Ford, Travis Mihelick, Mike Scarcella, Leigh Jones Organizations: Ford Motor, Blue, Association, Ford, Shield Association, Circuit, Appeals, Shield, Michigan, Ford Motor Co, of Michigan Mutual Insurance Company, U.S, Eastern, Eastern District of, Thomson Locations: Detroit, Michigan, Alabama, Atlanta, Eastern District, Eastern District of Michigan
Investors may get one share in the spun-out entity for every share of the parent company they owned. What's left of J & J will be focused on pharmaceuticals and medical technologies, which were responsible for over 84% of the company's total 2022 revenue of $94.94 billion. It underscores that once free of the parent company tethers a divested company can chart its own destiny. Those priorities may not have necessarily been wrong when considering J & J as the overall enterprise. We believe J & J and Danaher are poised to deliver two more examples.
If a nuclear attack were headed toward the US, residents would have fewer than 30 minutes to prepare. Russian Presidential Press Service/APA nuclear attack remains highly unlikely, but it's not out of the question, experts say. Redlener said the best way to learn of an impending nuclear attack would probably be TV or radio. Survivors of a nuclear attack would have about 15 minutes before sandlike radioactive particles, known as nuclear fallout, reached the ground. A sign for a nuclear fallout shelter on a residential block in Brooklyn.
American Airlines, Delta Air Lines, and United Airlines have exited 74 airports since 2020. Some of the airports are in the Essential Air Service program and are now served by a new airline. In September 2022, the company's research revealed American Airlines, Delta Air Lines, and United Airlines had exited 59 airports. In total, American has left 19 airports, Delta has exited 17, and United has departed 38. American, Delta, and United have all cut routes in recent years, citing poor performance and the pilot shortage as contributing factors.
If the super-powerful AI is aligned with humans, it could be the end of hunger or work. Or, as a sign at the Misalignment Museum says: "Sorry for killing most of humanity." Most of the works are around the theme of "alignment" with increasingly powerful artificial intelligence or celebrate the "heroes who tried to mitigate the problem by warning early." As AI technology becomes the hottest part of the tech industry, with companies eying trillion-dollar markets, the Misalignment Museum underscores that AI's development is being affected by cultural discussions. Even as companies and people in San Francisco are shaping the future of artificial intelligence technology, San Francisco’s unique culture is shaping the debate around the technology.
On an episode of "Reach," Jessica Vann interviewed the executive assistant Shelley Trask. Trask said dealing with a difficult boss starts with speaking to their values. "The impact of that is that your direct reports feel undervalued," she said she told one executive who was always running late to one-on-one meetings. Respect their timeTrask told Vann that she gets 30 minutes a week alone with Henderson. "Identifying what your executive can let go of is going to be a really big game changer for both of you," Trask said.
Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the holdings we manage in the CNBC Investing Club. J & J is a good stock to get into ahead of the impending split into two companies: consumer brands and pharma/medical technology. The company reported a good quarter and guidance, while fundamentals are solid ahead of the split. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
When excluding the impact of declining Covid testing sales — but keeping in revenue from products that support vaccines and therapeutics — Danaher's base business saw core growth of 7.5%. Guidance Management expects overall core revenue growth to be down mid-single-digits on a percentage for the first quarter. For the full year 2023, management expects overall core revenue growth to be down mid-single-digits. Previously, only revenues related to Covid testing were excluded. On the call, management pointed to roughly 10% core revenue growth in both North America and Europe.
Kristine Valenzuela is the executive assistant of Atlassian's head of engineering, Mike Tria. She said on a recent podcast that she constantly has to prove her leadership skills as an assistant. Making an executive's life easier or "just getting stuff done," Valenzuela said — "almost no one sees the skill that's involved in doing that every day." "Internally, not enough people are elevating our value within the leadership team," she said. She makes her expertise known to othersSharing your broad range of knowledge across the business is another way to show your value as an executive assistant.
Many operate in areas like filtration and desalination, testing and analytics or smart water networks that can help use water more efficiently. It also invests in water solutions companies like Danaher even if the share of their revenue from water-related businesses is below the 30% threshold the fund typically requires. Water metering also is important for conservation efforts, and companies in this space include Xylem , Badger Meter and Roper . As a pure-play water company, he expects it to take advantage of several industry trends. In the water quality space, Evoqua Water Technologies is a name RBC likes.
That trend is expected to continue and result in high-single-digit core revenue growth for the bioprocessing business for the full year. Driving the gains was 30% core revenue growth at Cepheid as the businesses respiratory testing revenue of about $875 million exceeded management's expectations of roughly $325 million. Guidance Management expects overall core revenue growth to be flat to down low-single-digits for the fourth quarter. For the full year 2022, management continues to forecast base business core revenue growth in the high-single-digit percent range. That's better than the 5.9% full-year core revenue growth expected on the Street.
We're buying 20 shares of Danaher (DHR) at roughly $263.99 and 40 shares of Estee Lauder (EL) at roughly $217.05. Estee Lauder We are taking some of that MRVL cash to add to our newest position Estee Lauder . When the pandemic hit and department stores temporarily closed their doors, Estee Lauder pivoted quickly and built direct-to-consumer channels like e-commerce. This shift has allowed Estee Lauder to recapture some lost market share and improve its operating margin outlook. Over the last three years, Estee Lauder has expanded its operating margins by 220 basis points.
Here's how we're thinking about J & J, P & G and Danaher heading into their prints, along with Wall Street estimates provided by Refinitiv. When reporting its second quarter, back in July , J & J took down its full-year profit outlook due to currency headwinds. In late September, J & J announced that Kenvue would be the name of the standalone consumer health company. Plus, J & J is a classic defensively oriented stock. The Johnson & Johnson logo is displayed outside the company's headquarters in New Brunswick, New Jersey, Aug. 1, 2020.
We're buying 25 shares of Danaher (DHR) at roughly $272.79 each. We're also buying 100 shares of TJX Companies (TJX) at roughly $63.04 each. Following Tuesday's trade, the Trust will down 950 shares of TJX, increasing its weighting in the portfolio to 2.13% from 1.91%. We're adding to our position in Danaher and buying back 25 shares we previously sold at higher levels. Danaher shares have fallen about 3.5%, or $10, since the company made these two announcements last Wednesday after the closing bell, compared to a roughly 2.9% decline in the S & P 500 .
They worked together to support Sara Blakely, the Spanx founder and CEO, in all areas of her life. Sara Blakely began researching and developing what would become the popular intimates company Spanx in 1998, with just $5,000 in savings. Behind the scenes, Magazine and Kenya Graham, Blakely's executive assistant for six years in total across two stints, called themselves Blakely's "hype crew." "It's sharing of information, setting up a cadence of meetings, making sure that no one's hoarding information." Kenya and Jamie, the editorial strategist, are in the venue making sure this is the side she likes to sit on.
Danaher 's (DHR) announcement this week that it will spin off its growing water business is a big win for shareholders — including us at the Club. In both cases, after an initial growth hit due to the divestitures, we saw a notable sales growth acceleration once these slower growth business were on their own. More good news: Danaher's management team said 2022 core revenue growth is expected to be above the prior guidance range thanks higher-than-anticipated respiratory testing revenue at Cepheid. Base business core revenue growth is still expected to be up in the high-single-digit range. Whereas, they think EAS has a longer-term core revenue growth profile in the mid-single-digit range.
American Airlines, Delta Air Lines, and United Airlines have exited 74 airports since 2020. Some of the airports are in the Essential Air Service program and are now served by a new airline. In September 2022, the company's research revealed American Airlines, Delta Air Lines, and United Airlines had exited 59 airports. In total, American has left 19 airports, Delta has exited 17, and United has departed 38. American, Delta, and United have all cut routes in recent months, citing poor performance and the pilot shortage as contributing factors.
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