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CNBC's Inside India newsletter: Will AI make or break India?
  + stars: | 2024-05-02 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +9 min
But one that could foreshadow India's growth story. Can Teleperformance's stock plunge be the canary in the coal mine for what is likely to happen to India because of AI? But it's likely to be a blip for India's growth trajectory, given the macro forces at play. Besides creating jobs that are less likely to be immediately disrupted by AI, India could also be a net beneficiary of artificial intelligence. The Indian stock market indexes, Sensex and Nifty 50 , are heading for a positive week again — up by 1% and 1.2%, respectively.
Persons: Findlay Kember, Klarna, ChatGPT, K Krithivasan, Krithivasan, Narendra Modi, It's, Shilan Shah, Goldman Sachs, Vinay Dwivedi, Ashok Gulati, Nomura, League Pickleball, Karine Jean, Pierre, Jerome Powell, Raghuram Rajan, Ashish Jain, CNBC's Ayushi Jindal Organizations: AFP, Getty, India's Tata Consultancy Services, Financial Times, TCS, World Bank, International Monetary Fund, University of Oxford, Capital Economics, Investment, Nomura, Qualcomm, Powerchip Semiconductor Manufacturing, UPI, India, Commission, Agricultural, United Pickleball Association, Global Sports, PPA, League, Washington Post, White, U.S ., Federal, CNBC, Reserve Bank of India, University of Chicago Booth School of Business Locations: Swedish, Paris, India, Chennai, U.S, Europe, China, Singapore, South Korea, Canada, United States
But for climber Alex Honnold, some such places, found in the harshest and most unforgiving of environments, still exist and are ripe for adventure. Climbers Alex Honnold, right, and Hazel Findlay assess the route ahead as they ascend Pool Wall, one of the stops before Ingmikortilaq, in Eastern Greenland. Alex Honnold climbing Ingmikortilaq. I don’t know if you can really have an adventure without unknowns, that’s definitely just part of the experience,” Findlay explains. That is win, win, all the way across the world,” Honnold explains.
Persons: Alex Honnold, Oscar, Honnold, “ I’m, , Hazel Findlay, Pablo Durana, Mikey Shaefer, he’d, Findlay, that’s, ” Findlay, Heïdi, Adam Kjeldsen, Aldo Kane, Matt Pycroft, it’s, hadn’t, Hazel Findley, Sevestre, Edward Bailey, “ We’re Organizations: CNN, CNN Sport, California Institute of Technology Locations: Ingmikortilaq, Eastern Greenland, Greenland, London , New York, Miami
CNN —After feeding the collective fear of heights with “Free Solo,” climber Alex Honnold sets his sights on tackling one of the highest unclimbed cliff faces on the planet, while delivering a climate-change message for good measure. “Arctic Ascent with Alex Honnold” works on both levels (one of them really high up), while making viewers appreciate sitting on a flat, stable surface. Alex Honnold on the glacier in "Arctic Ascent With Alex Honnold." (Granted, Honnold was doing this before “Free Solo” dramatically upped his profile, but as an executive producer of this latest project, he’s made the most out of that since.) “Arctic Ascent with Alex Honnold” premieres February 4 at 8 p.m.
Persons: Alex Honnold, Alex Honnold ”, Heidi Sevestre, mercifully, Honnold, Hazel Findlay, Mikey Schaefer, Matt Pycroft, he’s Organizations: CNN, Geographic, Disney, El Capitan, Honnold, , Hulu Locations: Hulu, Greenland, El
Over the years, what started as kicking the ball around in our backyard slowly evolved into track workouts and trail runs. Courtesy of the authorHe starts the morning with movementWhile I wake up and go straight for the coffee pot, my dad does not. Dad enjoys everything in moderationDad doesn't restrict the simple joys in life, but he also doesn't overdo it. He always eats enough to build muscle and stay satisfied, and Dad enjoys most cuisines, stating Italian and Mexican are favorites. Dad feels the same way but also incorporates this tip into life off the track.
Persons: , We're, I've, Dad didn't, Nicole Findlay, Dad Organizations: Service, Business, Scottish Locations: Mexican
Read previewMy grandmother, Kathleen, was born in England in 1932. Kathleen believes in the health benefits of daily movement and strong female friendships, and she's also the ultimate romantic. She says that being social and having strong friendships is important. These strong female friendships benefit Kathleen in more ways than one. Nicole Findlay when she was a baby with her grandmother, Kathleen.
Persons: , Kathleen, she's, I've, aren't, they're, it's, Nicole Findlay, She's, He's, doesn't, Maeve Binchy, Rosamunde Pilcher Organizations: Service, Royal Marine Commando, Business, BritBox, John's Ambulance Brigade, St Locations: England, United States, San Francisco, Windsor, California, Florida, Idaho, sweatpants
On Monday, Deirdre Findlay started her first day as Sonos' chief commercial officer, a newly-created position that's an amalgam of chief marketer, chief revenue officer, and chief customer officer. As a high-end speaker brand, Sonos has found itself in an enormously competitive category that has been plagued with weakening consumer demand. Next week, Findlay said her team will start digging into what Sonos knows about its customers. Findlay also needs to figure out how to convince new customers to buy Sonos products. Whether or not Sonos continues to target new consumers who want more affordable electronics is something that Findlay is still figuring out.
Persons: Deirdre Findlay, Sonos, Findlay, Condé Nast, Patrick Spence, Spence, hasn't, She'll Organizations: Google, Business, Retailers
By then, county officials were seeing the area’s fatal opioid overdose toll tick up. “We were grossly underprepared, like I think many places across the country were, for the opioid epidemic,” Stuby said. Like hundreds of U.S. communities, it's launched a drug court where people can avoid jail if they work on recovery. They can lead to an entry-level certificate for work in the field — a partial answer to a recovery workforce crunch. His research has shown that recovery support services — such as housing, community centers and peer coaching — can help.
Persons: , Precia Stuby, , Stuby, Jesse Johnson, Johnson, Anonymous, ” Stuby, didn’t, , ” Johnson, it's, Kerri Kostic, Kostic, God, Meelee Kim, “ It’s, John F, Kelly, ____, haven't, Misty Weaver, Weaver, ___ Christina McCarver, ‘ Let’s, who's, McCarver, William Mull, Cory Kinn, “ That’s, they’ve, ___, she’s, I’ve, ” ___ Johnson, Patrick Orsagos Organizations: , Findlay, Technology, University of Findlay, Brandeis University, Harvard Medical School, Family Resource, AP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group Locations: FINDLAY , Ohio, Findlay, Hancock, drugmakers, Hancock County, U.S, Toledo, Mull, COVID, Washington
Obesity revolution gorges on dialysis maker
  + stars: | 2023-10-11 | by ( Aimee Donnellan | ) www.reuters.com   time to read: +3 min
REUTERS/Megan Jelinger Acquire Licensing RightsLONDON, Oct 11 (Reuters Breakingviews) - Kidney dialysis kit-makers look set to be the latest victim of the obesity drug boom. On Wednesday, shares in Germany-listed Fresenius Medical Care (FMEG.DE) fell 20% after a medical trial showed a Novo Nordisk (NOVOb.CO) drug can reduce the risk of kidney failure. Diabetes and obesity drugs are showing their fringe benefits. In a recent drug trial, Wegovy, an obesity remedy made by Denmark’s Novo Nordisk, reduced the incidence of serious cardiovascular events like strokes and heart attacks by 20% in overweight patients. The collapse in Fresenius Medical Care’s share price looks appropriate.
Persons: Dawn, Megan Jelinger, Michael Sen, Danish drugmaker, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Novo Nordisk, Denmark’s Novo Nordisk, Fresenius, Thomson Locations: Findlay , Ohio, U.S, Germany, Fresenius, Vamed, Danish
Accounts of suicidal thoughts linked to this class of drugs are drawing increasing scrutiny, including an investigation by European regulators announced in July. More than half of the narrative summaries describe suicidal thoughts appearing shortly after the person started the medicine or increased the dose. Wegovy’s U.S. prescribing label, produced with FDA approval, says suicidal thoughts or attempts have been reported in clinical trials for other weight-loss medicines. Sanofi's Acomplia, which never won U.S. approval, was withdrawn in Europe in 2008 after being linked to suicidal thoughts. She said she has not experienced any suicidal thoughts on that drug.
Persons: Dawn Heidlebaugh, Megan Jelinger, , Heidlebaugh, Eli Lilly, Thomas J, Moore, aren't, It’s, Novo, Dr, Erick Turner, Turner, Novo’s, drugmakers, Sanofi's, Sanofi, Contrave, John Amos, Lilly, Reuters weren’t, Lisa Wood, ” Wood, Sarah Sobol, you’re, Sobol, ’ ” Katherine, Jayson Chesnutt, Chesnutt, Robin Respaut, Chad Terhune, Maggie Fick, Ludwig Burger, Michele Gershberg, Brian Thevenot Organizations: REUTERS, Novo, U.S . Food, Drug Administration, Reuters, FDA, Johns Hopkins Bloomberg School of Public Health, Oregon Health & Science University, Novo Nordisk, U.S ., European Union, European Medicines Agency, U.S, Currax Pharmaceuticals, Vivus, Facebook, Thomson Locations: Findlay , Ohio, U.S, Ohio, Novo, Canada, Europe, Carolina, Buffalo , New York, North Carolina, Indiana
Aug 1 (Reuters) - U.S. refiner Marathon Petroleum Corp (MPC.N) reported a 63% drop in second-quarter profit on Tuesday, as improved fuel supplies and slowing economic activity compressed its margins. Despite a resilient fuel demand in the U.S., an increase in global refining capacity compared with last year and slowing economic activity has brought the market down from the peaks seen in 2022. Refining and marketing margin was $22.10 per barrel for the April-June quarter, down from $37.54 per barrel a year earlier. On an adjusted basis, Marathon reported earnings of $5.32 per share, beating average analysts' estimate of $4.59 per share, on the back of improvement in refining costs and lower tax rate. Rival Valero Energy Corp (VLO.N) last week also saw its quarterly profits dwindle as refining margins came under pressure, but beat estimates on strength in its renewable diesel business.
Persons: refiner, Arshreet Singh, Krishna Chandra Organizations: refiner Marathon Petroleum Corp, Refining, Reuters, Rival Valero Energy Corp, Thomson Locations: U.S, Marathon, West Coast, Findlay , Ohio, Bengaluru
The Lifelong Gift of Sibling Friendship
  + stars: | 2023-06-05 | by ( Catherine Pearson | ) www.nytimes.com   time to read: +1 min
Sisters Audrey Findlay, 75, and Barbara Rowe, 63, start every weekday with an 8 a.m. phone call. An hour or so later, they head to work together at Findlay Rowe, the gift shop they opened 12 years ago. (Previously, they worked at the same health care company for 13 years, where Ms. Findlay was the general manager and Ms. Rowe was the payroll manager.) At 5 or 6 p.m., the sisters leave work and head to their homes — four houses apart. The sisters do have their arguments, as would be expected from two people who frequently spend the bulk of their days together.
Persons: Audrey Findlay, Barbara Rowe, Findlay Rowe, Findlay, Rowe, Ms
It comes after the much-maligned Metropolitan Police force faced criticism for what many said was a heavy-handed approach toward demonstrators. Frazer said the police were tasked with balancing people’s right to protest with overseeing an international event on the world stage. Anti-monarchy protesters demonstrate near the procession route for Britain's King Charles III coronation in London on Saturday. Republic, Britain’s largest anti-monarchy group, told CNN Saturday that police – without providing any reason – arrested organizers of the anti-monarchy protest. A member of the public attends a "Rally For A Republic - Not My King" anti-monarchy rally on Calton Hill in Edinburgh on Saturday.
LONDON, May 6 (Reuters) - Police arrested the leader of the anti-monarchy group Republic and 51 others at King Charles' coronation on Saturday, with officers saying their duty to prevent disruption outweighed the right to protest. [1/7] Protesters hold placards as people gather on the day of Britain's King Charles and Queen Camilla's coronation ceremony, in London, Britain May 6, 2023. Most of the anti-monarchy protesters on Saturday had congregated in Trafalgar Square next to the bronze statue of King Charles I, who was beheaded in 1649, leading to a short-lived republic. Since Charles became king last September, there have been protests at royal events. Events to mark the coronation in other countries where Charles is head of state were also low key.
Companies Marathon Petroleum Corp FollowMay 2 (Reuters) - Marathon Petroleum Corp (MPC.N) topped Wall Street profit estimates on Tuesday as sustained fuel demand and tight crude supplies boosted its margins, prompting the top U.S. refiner to expand its share buyback programme by $5 billion. Pandemic-era closure of facilities and demand recovery have lifted refiners' margins, further bolstered by tight crude supplies following Russia's invasion of Ukraine and a jump in jet fuel demand owed to a travel boom. Marathon refining and marketing margin soared 70.8% to $26.15 per barrel for the January-March quarter, compared with a year earlier. "With operating costs in line with expectations and stronger utilization, Marathon Petroleum captured stronger refining margins, notably on the U.S. Gulf Coast and in the Midwest," Third Bridge analyst Peter McNally said. Marathon returned $3.5 billion to investors through share buybacks and dividends in the first quarter, and repurchased $1.2 billion of shares last month.
Companies Marathon Petroleum Corp FollowMay 2 (Reuters) - Marathon Petroleum Corp (MPC.N) posted a bumper profit on Tuesday, benefiting from higher margins on sustained fuel demand and tight crude supplies, and announced an additional $5 billion share repurchase authorization. Pandemic-era closure of facilities and demand recovery have boosted margins for refiners, with crude supplies also coming under pressure after Russia's invasion of Ukraine. Strong demand for refined products has also helped the company, with jet fuel recently sprinting higher while diesel demand fell. Refining and marketing margin was $26.15 per barrel for the January-March quarter, compared with $15.31 per barrel for the first quarter of 2022. Reporting by Arunima Kumar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
West Virginia Governor Jim Justice (R) and US Senator Joe Manchin (L), Democrat of West Virginia, attend a roundtable discussion on the opioid epidemic with local and state officials at the Cabell-Huntington Health Department in Huntington, West Virginia, July 8, 2019. West Virginia offers the GOP perhaps its best chance to flip a Democratic seat next year. Justice's team believes a Senate bid by the governor could make Manchin less likely to seek reelection, the GOP source told CNBC last month. Former President Donald Trump, who is deeply popular in West Virginia, backed Mooney in his most recent House election. Justice is set to announce his Senate bid at his own resort, furthering intermingling the governor's business and politics.
[1/9] Los Angeles school workers protest in front of LAUSD headquarters during the first day of a walkout over contract negotiations that closes the country’s second largest school system in Los Angeles, California, U.S., March 21, 2023. REUTERS/Aude GuerrucciLOS ANGELES, March 21 (Reuters) - Some 30,000 education workers backed by the teachers' union walked off the job for a three-day strike in Los Angeles on Tuesday, canceling school for nearly half a million students in the second-largest school district in the United States. Thousands of protesters gathered for a rally outside the Los Angeles Unified School District headquarters, vowing to continue their pickets for another two days under the banner, "United for L.A. The service workers are backed by the 35,000 members of the teachers' union United Teachers Los Angeles, which refused to cross their picket line. Dozens of meal and safe-place sites were opened across the city on Tuesday, with school district employees and volunteers distributing more than 124,000 meals, the district said.
[1/2] A Marathon Petroleum banner covers an Andeavor sign outside the El Paso refinery following a closed $23 billion deal after the Ohio-based Marathon bought the Texas-based company, forming one of the largest global refiners in El Paso, Texas, U.S., October 1, 2018. REUTERS/Julio-Cesar Chavez/File PhotoJan 31 (Reuters) - Marathon Petroleum Corp (MPC.N) on Tuesday beat Wall Street expectations for quarterly profit as its margins soared amid tight supplies and high demand for refined products. The top U.S. refiner also approved an additional $5 billion in stock repurchase, while rival Phillips 66 (PSX.N) raised its quarterly dividend by 5% to 97 cents per share. Meanwhile, realized refining margins for rival Phillips 66 jumped 65% to $19.73 per barrel in the October to December quarter. Phillips 66 reported an adjusted income of $4 per share, missing analysts' expectations of $4.35 per share.
[1/2] A Marathon Petroleum banner covers an Andeavor sign outside the El Paso refinery following a closed $23 billion deal after the Ohio-based Marathon bought the Texas-based company, forming one of the largest global refiners in El Paso, Texas, U.S., October 1, 2018. REUTERS/Julio-Cesar Chavez/File PhotoCompanies Marathon Petroleum Corp FollowJan 31 (Reuters) - Marathon Petroleum Corp (MPC.N) on Tuesday beat Wall Street expectations for quarterly profit as refining margins soared amid tight supplies and higher demand for refined products. Marathon's crude capacity utilization was about 94%, resulting in total throughput of 2.9 million barrels per day (bpd) for the fourth quarter, which was roughly flat year-over-year. Refining and marketing margin rose to $28.82 per barrel for the reported quarter compared with last year's $15.88 per barrel. Reporting by Arunima Kumar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
Condé Nast CEO has lost its CMO, Deirdre Findlay, who spent two years in the role under CEO Roger Lynch. Condé Nast is looking to remake itself with new lines of business from events to membership businesses. Before joining Condé Nast in early 2019, Lynch was CEO of Pandora where Eisen had also been a corporate advisor. Condé Nast titles include Vogue, New Yorker, and Condé Nast Traveler. Hi All,As I shared in the CMO All Hands today, I have made the difficult decision to leave Condé Nast.
In her YouTube videos, Campbell says the money goes toward drugs and gifts for one girlfriend after another. Campbell acknowledged in a YouTube video that she had sex with Pendergraff while Pendergraff was "black out" drunk. Kaylee Jade said Campbell abused her repeatedly throughout their relationshipDuring her on again, off again relationship with Pendergraff, Campbell started to date Kaylee Jade, too. According to Jade, Campbell DM'd her on Twitter in 2019 when she was 18 and experiencing homelessness. In a since deleted YouTube video, Campbell said she got "physical" with Jade, including throwing her to the ground.
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