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Today's big story examines how recruitment for AI talent is ramping up in the tech industry and on Wall Street . AdvertisementEager to understand how to leverage the tech, companies are racing to scoop up AI specialists. But Big Tech companies aren't just competing with each other. With so many venture capitalists eager to fund AI ideas , some AI talent are starting their own companies. Businesses are already fighting the rule, but if it survives the courts it could mean even more movement of AI talent.
Persons: , We've, we've, Justin Sullivan, Chelsea Jia Feng, Eager, Kali Hays, Ellen Thomas, Banks, it's, Getty, Sean Gladwell, Olga Pyrkina, Tyler Le, Amy Hood, Mark Zuckerberg, Zuckerberg, Johannes Eisele, Swan, Mark Spitznagel, Spitznagel, David Einhorn, there's, Dimitrios Kambouris, Leon Neal, Abanti Chowdhury, Bill Gates, Gates, BI Gates, Satya Nadella, Zs, Herman Miller Eames, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Business, Service, Getty Images, Anadolu Agency, Big Tech, Johannes, Getty, Federal Reserve, Reuters, Research, Capital Economics, Greenlight, Staff, Microsoft, BI, Paramount Locations: California, AFP, America, New York, London, Chicago
Economists polled by Dow Jones forecast GDP growth would come in at 2.4%. Tech tumbleThe lackluster GDP added further pressure to an already-tense market contending with concerns over a pullback in growth among technology earnings. "This report was the worst of both worlds: economic growth is slowing and inflationary pressures are persisting," wrote Chris Zaccarelli, investment chief at Independent Advisor Alliance. Investors are hoping the PCE report, which is the Fed's preferred measure of inflation, will show an improvement in pricing pressures after the March consumer inflation report came in hotter than expected. — Brian Evans8:58 a.m.: 10-year Treasury yield jumps to highest level since NovemberThe 10-year Treasury yield broke above 4.7% following the GDP report, hitting its highest level since November.
Persons: Johannes Eisele, Dow Jones, Chris Larkin, Morgan Stanley, Meta, Thierry Wizman, UnitedHealth, Alex Harring, Mark Zuckerberg's, Hakyung Kim, Fred Imbert, Chris Zaccarelli, Sarah Min, — Brian Evans, — Jesse Pound Organizations: New York Stock Exchange, AFP, Getty, Dow Jones, Caterpillar, IBM, Nasdaq, Dow, Federal Reserve, Federal, Traders, Meta, Business Machines, FX, Macquarie, Microsoft, Amazon, Merck, York Stock Exchange, Independent, Alliance, Investors, Treasury, Gross
An investing legend dies
  + stars: | 2023-11-29 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
AdvertisementIn today's big story, we're looking back on the life of investing legend Charlie Munger. What's on deck:But first, remembering Charlie Munger. AdvertisementCharlie Munger, the billionaire investing legend who led Berkshire Hathaway alongside Warren Buffett, died Tuesday at age 99. Despite being overshadowed by Buffett, Munger wasn't afraid to share his opinion. Speakers include Vice President Kamala Harris, President of Taiwan Tsai Ing-wen, Elon Musk, Bob Iger, Jamie Dimon, Lina Khan, Shonda Rhimes, and other major execs.
Persons: Charlie Munger, Charlie Munger Johannes Eisele, Berkshire Hathaway, Warren Buffett, Munger, I'm, Buffett, Munger's, they'd, Charles Platiau, Frederic J . Brown, Chelsea Jia Feng, Wall, Peacock, Kamala Harris, Taiwan Tsai Ing, Elon Musk, Bob Iger, Jamie Dimon, Lina Khan, Shonda Rhimes, Costco Monica Humphries, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Getty, Berkshire, Berkshire Hathaway, SevenSix Agency, Delta Air Lines, Toyota, Gucci, Google, Wall, Rockefeller, NBC, The New York Times, Taiwan, Costco Locations: Wisconsin, What's, AFP, California, Omaha, Omaha , Nebraska, Berkshire, Charles, Kensington, Chelsea, New York City, San Diego, London, New York
In this article BRK.A Follow your favorite stocks CREATE FREE ACCOUNTwatch nowBillionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has died at age 99. In addition to being Berkshire vice chairman, Munger was a real estate attorney, chairman and publisher of the Daily Journal Corp., a member of the Costco board, a philanthropist and an architect. We've gotten good at fishing where the fish are," the then-93-year-old Munger told the thousands of people at Berkshire's 2017 meeting. Warren Buffett (L), CEO of Berkshire Hathaway, and vice chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. "Well, I would say basically we're like the captain of a ship when the worst typhoon that's ever happened comes," Munger told The Wall Street Journal in April 2020.
Persons: Charlie Munger, Warren Buffett's, Munger, Berkshire Hathaway, Buffett, Greg Abel, Benjamin Franklin, We've, Charles Thomas Munger, Alfred, Florence, Toody, didn't, Janet Lowe's, Nancy Huggins, Olson, Wheeler, Dean Scott Derue, Franklin Otis Booth, Booth, Derue, CNBC's Becky Quick, Charlie, He's, I've, Warren Buffett, Johannes Eisele, Goldman Sachs, We're, Oh goody, goody, everything's Organizations: Berkshire Hathaway, Berkshire, New, Daily Journal Corp, Costco, Buffett's Berkshire, CNBC, University of Michigan, Army Air Corps, California Institute of Technology, Scripps College, Harvard Law School, Tolles, Munger & Co, Michigan Ross Business School, Los Angeles Times, Buffett, Omaha, AFP, Getty, Bank of America, Wall Street Journal Locations: California, Munger, Pasadena , California, Berkshire, Omaha , Nebraska, Omaha, Warren, Pasadena
The temple and surrounding forested areas were abandoned three centuries later, when the king moved the capital of the empire away from Angkor. People started moving out in the 1990s and by 2002, the village was completely abandoned. People started moving out in the 1990s and by 2002, the village was completely abandoned. The Whanganui River holds 18 fish species including eels, freshwater crayfish and black flounders. Graham Harries/ShutterstockLocated off the Pembrokeshire coast in west Wales, stands a time capsule in the form of a long-abandoned island fort.
Persons: Prohm, King Jayavarman, Alexander Arndt, Angelina Jolie’s, “ Lara Croft, pileated gibbons, silvered, Johannes Eisele, Leo Francini, Marcio Martins, University of São Paulo, Martins, , Al Madam, Giuseppe Cacace, Yasuyoshi Chiba, James Beasley, allan wright, Kilda, Graham Harries, Shutterstock, Nicholas Mueller, , Mueller Organizations: CNN, Wildlife Alliance, ., Steam, SS, Titanic, Cyclone, University of São, Google Arts & Culture, National Institute of Ecology, Al, Getty, United Arab, Japan Earthquake, University of Georgia, TED, UNESCO Locations: CNN —, Europe, Ta Prohm, Cambodia, Angkor Thom, Khmer, Angkor, Shengshan Island, China, AFP, Houtouwan, Shengshan, Zhoushan, Mangapurua, , New Zealand, Nowhere, Mangapurua Valley, New, Whanganui, North, Australia, Grande, Brazil, Sao Paulo, Marcio, Korea, South Korea, Al Madam Village, UAE, Al, Dubai, United Arab Emirates, Sharjah, Fukushima, Japan, St Kilda, Scotland, Scotland’s, Kilda, Atlantic, Soay, Boreray, Fort, Wales, Pembrokeshire
But Washington has proved to be wary of selling those countries US-made stealth fighter jets. That leaves the Gulf states with various non-US options, which don't look all that promising — at least not any time soon. A prototype of Russia's Su-75 fighter jet at the MAKS-2021 air show outside Moscow in July 2021. AP Photo/Alexander ZemlianichenkoIn 2021, shortly after unveiling its Su-75 fighter, Russia offered to co-produce the jet, which is still in development, with the UAE. While China may eventually offer its FC-31/J-35 stealth fighter for export, it must first demonstrate the jet's effectiveness to attract serious buyers.
Persons: , Sebastien Roblin, Chris Thornbury, Abraham, Abu Dhabi, FCAS, Roblin, Russia's Su, Alexander Zemlianichenko, Abu Dhabi's, Emily Hawthorne, RANE, Hawthorne, isn't, JOHANNES EISELE, Paul Iddon Organizations: Qatar —, Service, United Arab, , US Air Force, Al Dhafra, Base, Staff, Abraham Accords, Reuters, AP, East, Korea's KF, Yonhap, Cooperation Council, KF, FC, Getty Locations: Saudi Arabia, UAE, Qatar, Washington, Gulf, United Arab Emirates, Chris Thornbury But Washington, Israel, Riyadh, British, France, Germany, Turkey, Moscow, Russia, Ukraine, Abu Dhabi, Russian, North Africa, Sacheon, South Korea, Seoul, Korea, Zhuhai, AFP, China
Abercrombie & Fitch Co. is moving more merchandise through New York and New Jersey to avoid West Coast bottlenecks. It trailed its East Coast rival again in that measure during September and October, according to the Pacific Merchant Shipping Association and ports data. ”There are so many customers that got so screwed because they were entirely reliant on L.A. and Long Beach.”The logistical challenges of spreading imports along the East Coast and the Gulf Coast are massive. The shift in trade to the East Coast marks a return to where container ships originated. Then the U.S. began importing more goods from Europe, making an Atlantic Ocean crossing to various East Coast ports more critical.
Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Yuriko Nakao/Getty ImagesHello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through the current market and investing landscape. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. Dason ThomasDason Thomas says he began mining crypto in his garage to earn altcoins like doge and litecoin.
I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets. Here's what's on the docket:If you aren't yet a subscriber to Insider Investing, you can sign up here. Grantham also broke down the psychology of investing in bubbly assets like Dogecoin — and revealed where long-term investors can find cheap assets. In an exclusive interview, Bankman-Fried shares his tips for investors looking to get into crypto trading. She shared 2 trades for investors looking to capitalize on an inflationary environment.
50 of the world’s best breads
  + stars: | 2019-10-15 | by ( Jen Rose Smith | ) edition.cnn.com   time to read: +33 min
In alphabetical order by location, here are 50 of the world’s most wonderful breads. Roti gambang, IndonesiaShutterstockPalm sugar and cinnamon lend a light, aromatic sweetness to roti gambang, a tender wheat bread that’s an old-fashioned favorite at Jakarta bakeries. This is where locals bring rounds of tender wheat dough ready to bake into khobz kesra, one of the country’s homiest breads. Gyeran-ppang, South KoreaShutterstockThere’s buried treasure within every loaf of gyeran-ppang, individually sized wheat breads with a whole egg baked inside. To make malawach, bakers roll wheat dough into a delicate sheet and fold it over a slick of melted butter.
Persons: William Rubel, , Afghanistan Johannes Eisele, lavash, it’s, de, whirl, Egypt Jen Rose Smith, El Salvador Lane Turner, you’ll, Joya de Cerén, injera, France Enrico Spanu, You’re, munch, Jim Chevallier, Emmanuel Macron, Pai bao, confections, snacking, Dökkt, rúgbrauð, India Stuart Freedman, Roti, Iran Behrouz Mehri, sangak –, crumb, Italy Bruce Bisping, Arnaldo Cavallari, Kare, ” Karepanman, Jordan Shutterstock, canai, sourdough, , Mexico Lisa Cherkasky, Morocco Bartosz, Luke E, Rēwena parāoa, haven’t, Broa, South Korea Shutterstock, kisra, Balep, Lama, United States Dixie, Lily, White Lily, , Uzbekistan Shutterstock Flatbreads, they’re, Areperos Organizations: CNN, Getty, UNESCO Intangible Heritage, Montreal bagels, Fairmount, Boston Globe, pats, UNESCO, le, swabbing, National Agency for Cultural Heritage Preservation, Jerusalem, Star Tribune, The Washington Post, Amsterdam’s, Vikings, Sri, Brewers, Turkey VW, Biscuits, United, Washington Post, Uzbekistan Shutterstock Locations: Germany’s Westphalia, Afghanistan, AFP, Lavash, Armenia, Australia, Luchi, Bangladesh, Dhaka, de queijo, Brazil, Montreal, Canada, Marraqueta, Chile, Chilean, el brazo, ” Shaobing, China, Sichuan, Cubano, Cuba, Cuban, Havana, Miami, Florida, Libba, Egypt, El Salvador, San Salvador, Joya, Injera, Ethiopia, Eritrea, Somalia, injera, Baguette, France, Paris, Khachapuri, Georgia, Pumpernickel, Germany, Soest that’s, Hong Kong, Dökkt rúgbrauð, Iceland, Laugarvatn, Paratha, India, Roti gambang, Indonesia, Jakarta, Indonesian, Gouda, Edam, Iran, Ireland, Israel, Tel Aviv, you’ll, United States, Ciabatta, Italy, Jamaica, South America, Caribbean, Japan, panko, Amman, canai, Malaysia, Malta, Maltese, Mexico, kesra, Morocco, Moroccan medina, ferran, Navajo, Arizona, New Mexican, powwows, Netherlands, San Francisco, New Zealand, Lefse, Norway, Europe, Norwegian, Podplomyk, Poland, milho, Portugal, Americas, Karavai, Russia, Sardinia, of Piedmont, there’s, Proja, Serbia, Serbian, South Korea, Seoul, Sri Lanka, Colombo, Kisra, Sudan, South Sudan, Sweden, Sweden’s, Balep korkun, Tibet, Simit, Turkey, Istanbul, United Kingdom, British, Uzbekistan, Arepa, Venezuela, Venezuelan, Malawach, Yemen
20 best German foods
  + stars: | 2019-10-09 | by ( Marcel Krueger | ) edition.cnn.com   time to read: +30 min
Check out our list of 20 traditional German dishes that you need to try when you travel there. Germany National Tourism Board Azalea and Rhododendron Park Kromlau: This 200-acre English landscape park was built in the 19th century in Gablenz, Saxony. Germany National Tourism Board Maschsee Lake: This quiet and idyllic lake attracts families throughout the year in Hannover, the capital of Lower Saxony. Germany National Tourism Board Berchtesgaden National Park: Alpine lakes and ice-topped mountains are just a few of the natural wonders that make Berchtesgaden such a breathtaking national park. It comes wrapped in bacon or heaped upon schnitzel; as asparagus soup, fried asparagus, pancakes with herbs and asparagus, asparagus with scrambled eggs or asparagus with young potatoes.
Persons: Königsberger klopse, capers, Maultaschen, Katharina Hild, labskaus, Bodo Schieren, Fried, rostbratwurst, currywurst, Herta Heuwer, Kadir Nurman, schnitzel, Helmut Meyer Zur Capellen, hasn’t, Jägerschnitzel, Käsespätzle Spätzle, Sauerbraten, Stijn Van, Ralph Lueger, Franz Martin Kühn, Jonathan Segal, Rainer Mirau Atta, Attendorner, Mary, Balthasar Neumann, Andreas Bestle, Wiesel, Duke Leopold III of Anhalt, Caspar Diederik Bastei, Monica Skolimowska, Johannes Simon, Patrick Seeger, Daniel Karmann, Armin Weigel, Thomas Lohnes, Martin Schutt, Schwerin, Sean Gallup, Augustus the Strong, Ole Spata, Prince, Bavaria Charles Albert, François Cuvilliés, Ludwig II of Bavaria, Federweisser, Saumagen, Helmut Kohl, Kohl, saumagen, Margaret Thatcher, Mikhail Gorbachev, Ronald Reagan, Bill Clinton, haggis, pinky, schnapps, spargelzeit, John, Johannes Eisele, Frank Vincentz, Josef Hildenbrand, Reuben, jeffreyw, Inga Kjer, Alexander Hassenstein, Christof Stache, Schwarzwälder, Schwarzwälder kirsch, Josef Keller, there’s, Dario Fontanella, Dario, Organizations: CNN, German Democratic, European Union, North, West, Austrian, Lichtenstein, UNESCO, Wiesel Garden, Getty, Germany National Tourism Board, Germany National Tourism, Nymphenburg, Mirrors, British, Baptist, revelers, Bread, Wikimedia, Agner, Prussian Locations: Germany, East Prussian, Königsberg, Kaliningrad, Russia, German Democratic Republic, Soviet Union, Berlin, Brandenburg, Swabia, Baden, Bremen, Kiel, Hamburg, Fraconia, Thuringia, Cologne, Ruhr, Turkish, Berlin’s, East Berlin, Vienna, Bavaria, Munich, Franconia, Rhineland, Saarland, Silesia, Westphalia, Lower Saxony, Altstadt, Sanssouci, Potsdam, Swabian, Kassel, Blaubeuren, Berlin's River Havel, Altensteig Sylt, Sylt, Andreas, Saxony, Anhalt, Dessau, Central Germany, Europe, Germany's, Switzerland, Germany's Lake Constance, Mettlach, Cochem, Trier, Erfurt, Schwerin, Dresden, Gablenz, Lübeck, Hannover, Swabian Jura, Rothenburg, Tauber, Nymphenburg, Bavarian, Füssen, Germany National Tourism Board Berchtesgaden, Berchtesgaden, Palatinate, Oldenburg, Osnabrück, East Frisia, Friesland, Flensburg, Aachen, Frankfurt, Stuttgart, St, AFP, Bonn, Austria, Mannheim
Total: 11