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A 25-year-old Japanese 'sugar baby' has been sentenced to nine years in prison. A court ruled that Mai Watanabe defrauded men she met on dating apps out of more than $1 million. AdvertisementA 25-year-old "sugar baby" was handed a nine-year prison sentence for defrauding men she met on dating apps out of more than $1 million, and selling a manual on how to carry out similar scams. Mai Watanabe, also known as "itadaki joshi Riri-chan," which translates as "sugar baby Riri," was sentenced by the Nagoya District Court on Monday, The Japan Times reported. Being a sugar baby can be financially rewarding.
Persons: Mai Watanabe, Watanabe, , itadaki joshi, they're Organizations: Service, Japan Times, Nippon, Kyodo, Press, Federal Trade Commission, FTC Locations: Nagoya, Tokyo's Kabukichō, swindling
And now, a multi-billion-dollar tower featuring floor-to-ceiling glass will add another dimension to the cityscape, according to new details unveiled by New York City Mayor Eric Adams this week. Stretching up 62 stories, a planned office tower at 350 Park Avenue will provide space for more than 6,000 jobs, plus 1.8 million square feet of commercial office space, according to a press release. White columns will frame a new public concourse at the base of the new building on Park Avenue, complete with green space, seating and art displays, images show. Building this new office space comes at a fraught time for the commercial real estate market as businesses struggle to entice workers back to the office after years of working from home. The project will begin the city’s public review process early next year and the tower is expected to be completed by 2032, according to the release.
Persons: Eric Adams, Kenneth Griffin, Rudin, White, Foster, Partners Adams, , , Adams, Meera Joshi, ” Joshi Organizations: CNN, Chrysler, Trade Center, Empire, New York City, Vornado Realty Trust, Citadel, Citadel Securities, Partners, Midtown, Rockefeller Center, St, Grand Central, Midtown —, Central Park Locations: New York, Midtown Manhattan, Patrick’s, York, Fifth, Central
It was remarkable, given that inflation was elevated and interest rates were at their highest in two decades. “With the job market and economy holding strong, consumers could continue spending on these tours – and there’s certainly still demand,” Liz Anderson, a content strategist at jobs site Appcast, said in a statement to CNN. Beyoncé released “Cowboy Carter” on March 29, her eighth studio album featuring 27 tracks rooted in country music. Swift released her eleventh studio album, “The Tortured Poets Department,” Friday, and it soared past Beyoncé’s streaming record in just a few hours, becoming Spotify’s most streamed album in a single day of 2024. Swift’s latest set of music was released a “double album,” consisting of 15 extra tracks.
Persons: Washington CNN — Taylor Swift, Swift, Olivia Rodrigo, Bad, there’s, Liz Anderson, , Taylor Swift, Beyoncé, , Bruce Springsteen, Coldplay, Carter ”, hasn’t, Pawan Joshi, “ We’re, , Jeanelle Johnson Organizations: Washington CNN, Coachella Valley Music and Arts, Billboard, Federal, CNN, Poets Department, International Monetary Fund, PricewaterhouseCoopers Locations: Coachella, States
For years, Lopzang Dadul herded his yaks, sheep and goats across the vast, vertiginous landscape near India’s contested border with China, following the seasons to find grazing land. All these areas are winter grazing areas of Chushul village. He says 60 of the 113 households in his village used to be nomadic; now only 10 are maintaining the tradition due to those factors and lost grazing lands. New Delhi says two sites remain contested along the Ladakh border after disengagement at other contested zones following the 2020 clash. Reduced patrolling led to an ultimate loss of control over such areas, where China grabs land “inch-by-inch,” the report said.
Persons: Lopzang Dadul, Dadul, , Mohd Arhaan Archer, Sushant Singh, Aksai Chin, Manoj Joshi, Singh, Rezeng, Stanzin, Phobrang, Sonam Dorje China, Sonam Wangchuk, Wangchuk, Sonam Dorje, India’s, won’t, , Phunchok Stanzin, Namgail Phonchok, ” Phonchok, Narendra Modi –, Joshi, , , China’s People’s, Modi’s, Organizations: CNN, , Getty, Policy Research, Observer Research Foundation, Gurung, Army, ” CNN, India’s Ministry of Defense, Mutual, Equal, China’s Defense Ministry, Protesters, Foreign Ministry, Bharatiya Janata Party, BJP, , LAC, , Observers, ’ New, China’s People’s Liberation Army, PLA, Indian Army, Hindustan Times, Indian, Centre for Policy Research, Yale University Locations: China, Ladakh, India’s, India, Phobrang, AFP, Delhi, Ladakh’s Chushul, Chushul, Ladakh –, Leh, Jammu, Kashmir, Pakistan, New Delhi, Leh’s, Friends, Galwan, ” Beijing, Waseem
Read previewIsraeli Prime Minister Benjamin Netanyahu must weigh up the implications of escalating the conflict in the Middle East as he mulls Israel's response to Iran's attack, experts say. And depending on how Israel and Iran move forward, the countries may risk taking their yearslong shadow war into an open, regional conflict. AdvertisementAn anti-missile system operates after Iran launched drones and missiles toward Israel, as seen from Ashkelon, Israel April 14, 2024. "At no point previously had Iran directly struck Israel in a way that violated its sovereignty, meaning directly on Israeli soil. Iran has since warned Israel and its allies against a counterstrike, saying it would launch an even larger attack if they retaliated.
Persons: , Benjamin Netanyahu, Ali Khamenei, Michael Horowitz, Zonszein, Israel, Amir Cohen, Reuters Shashank Joshi, Netanyahu, Yoav Gallant, Benny Gantz, Gantz, Joe Biden, Arbit, Jordan Organizations: Service, Business, Islamic Revolutionary Guard Corps, Iran's, International Crisis, Reuters, LBC, Atlantic Council, CNN Locations: Jordanian, Iran, Iranian, Damascus, Israel, Ashkelon, Republic
Bitcoin 's gold-like ability to resist any form of seizure makes it a valuable asset for the long term, according to BCA Research, which calls for the world's largest cryptocurrency to eventually rally to more than $100,000. "The bitcoin price will rise well into the $100,000s as the market value for non-confiscatability grows substantially and bitcoin's share of this market grows substantially," Montreal-based BCA Research said. BTC.CM= YTD mountain Bitcoin Bitcoin hit a new all-time high above $73,000 on March 14, rising more than 70% this year. The introduction of U.S. spot bitcoin ETFs this year and the tightening bitcoin supply ahead of the late April " halving " have driven the price of the cryptocurrency up. "The sharp recent rallies in both gold and bitcoin reflect that the market has suddenly upped the value of non-confiscatability," BCA said.
Persons: Bitcoin, Dhaval Joshi, Joshi, bitcoin, Bullion, — CNBC's Michael Bloom Organizations: BCA Research, Research, BCA Locations: Montreal
Lucas: Right. Lucas: Right. Lucas: Right. You got billionaires right now that feel like they need to make more money, right? Lucas: Right.
Persons: Joyner Lucas, Lucas, Jelly Roll, Will Smith, Mark Wahlberg, , Dhruv Joshi, Covid, we're, Brandon Barnett, DMX, Yessir, I've, Symba, Shoutout Slick Rick, That's, they'll, Joshi, I'm, Andy Pollitt, Mark, Will, Bro, bro, Smith, Let's, there's, we've, it's Organizations: Service, The, Twitter, Business Locations: Manhattan, The Orchard
Last week, Nvidia announced deals with Johnson & Johnson for use of generative AI in surgery, and with GE Healthcare to improve medical imaging. "Health care, whether it's biotechnology, chemicals, or drug discovery is a very powerful area." About 41 percent of biotech CEOs surveyed by EY in late 2023 said they were looking at "concrete" ways generative AI could be used for their companies. "This is very high for my experience, having been 30 years in this industry," Ural said. It also partnered in 2021 with Schrödinger for drug discovery.
Persons: Johnson, Raj Joshi, It's, EY, it's, Colette Kress, Roche's Genentech Organizations: Nvidia, Johnson, GE Healthcare, Companies, NVIDIA, NVIDIA BioNeMo Locations: Arda, Americas, Ural, NVIDIA Clara
In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. tech to see mixed results in 'AI gold rush,' says strategistDhaval Joshi, chief strategist at BCA Research, gives his outlook for U.S. tech giants' earnings as they seek to capitalize on AI.
Persons: Dhaval Joshi Organizations: BCA Research
Why America's Electric Car Push Isn't Working
  + stars: | 2024-01-03 | by ( Paris Marx | ) www.businessinsider.com   time to read: +12 min
Electric vehicles were supposed to be inevitable. Auto execs who were once trumpeting the potential of electric cars are even publicly acknowledging that EVs aren't working . In September, 87% of new-vehicle sales were fully electric vehicles. Plus, heavier electric vehicles are harder on roads, produce more air pollution, and pose a greater safety risk for pedestrians. Time for a rethinkThe shift from gas-powered cars to electric vehicles is an opportunity to rethink how Americans get from place to place.
Persons: Joe Biden, Tesla, EVs —, EVs, Edward Niedermeyer, Niedermeyer, Ipsos, CarGurus, bode, Ketan Joshi, Joshi, Benjamin Sovacool, it's, Paris Marx Organizations: EV, Ford, General Motors, Honda, Auto execs, Industry, Tesla Motors, EVs, Cox Automotive, Strategic, Cox, Statistics Norway, Transportation Locations: Mexico, America, California, United States, Norway, Oslo, Norwegian, Paris
Shaolei Ren, a researcher at the University of California, Riverside, published a study in April investigating the resources needed to run buzzy generative AI models, such as OpenAI's ChatGPT. Hundreds of millions of monthly users all submitting questions on the popular chatbot quickly illustrates just how "thirsty" AI models can be. The study's authors warned that if the growing water footprint of AI models is not sufficiently addressed, the issue could become a major roadblock to the socially responsible and sustainable use of AI in the future. For Google, meanwhile, total water consumption at its data centers and offices came in at 5.6 billion gallons in 2022, a 21% increase on the year before. watch nowIt's notable, however, that their latest water consumption figures were disclosed before the launch of their own respective ChatGPT competitors.
Persons: Shaolei Ren, Ren, Eitan Abramovich, OpenAI, Somya Joshi, Microsoft's Bing, Bard, Joshi, Paul Hanna Organizations: UNITED, EMIRATES, Tech, Microsoft, Google, University of California, Uruguay's Central Union, CNT, Afp, Getty, CNBC, Big Tech, Meta, SEI, U.S ., Stockholm Environment Institute, United, Inc, Talavera de la Reina, Bloomberg Locations: Dubai, Riverside, Montevideo, U.S, Stockholm, United Arab Emirates, Talavera de, Spain
In Hungary, central bank governor Gyorgy Matolcsy is under pressure from Viktor Orban's government to cut rates further ahead of local and European Parliament elections next year. Reuters GraphicsTANGIBLE BENEFITSA 2021 World Bank survey found that political meddling in central bank policy led to sustained periods of high inflation in emerging market economies such as Turkey and Argentina. "Attempts to bring the president of the NBP before the State Tribunal can be directly interpreted as an attack on the independence of the central bank," the spokesman said. How those premia evolve will depend partly on how politics in Poland and Hungary is perceived by investors to influence the central banks in the months to come. "Everything else being equal, the less independent the central bank, the more real yield you need to have to be compensated for the risk," said Arif Joshi at Lazard Asset Management.
Persons: Adam Glapinski, Gyorgy Matolcsy, Viktor Orban's, Donald Tusk's, Karen Vartapetov, Paul Gamble, Glapinski's, Glapinski, Marta Kightley, Orban, Peter Virovacz, Arif Joshi, Karol Badohal, Gergely, Mark John, Toby Chopra Organizations: WARSAW, Law and Justice, U.S . Federal Reserve, EU, Sovereign, Investor, Emerging, Fitch, Local, ING, Lazard Asset Management, Thomson Locations: Hungarian, Poland, Hungary, BUDAPEST, Europe, Turkey, Argentina, WARSAW
WSJ Exclusive: Nepali Student Identified in Al-Shifa Hostage FootageIsrael’s military released footage with blurred faces that it says shows Hamas militants taking hostages into Al-Shifa Hospital on Oct. 7. WSJ spoke to friends and colleagues of captured Nepali student Bipin Joshi, whom they believe to be one of the men in the video. Photo: Scene from a video released by Israel Defense Forces/circle illustration by WSJ
Persons: Bipin Joshi Organizations: Shifa, Israel Defense Forces Locations: Al
Israel’s military released footage with blurred faces that it says shows Hamas militants taking hostages into Al-Shifa Hospital on Oct. 7. WSJ spoke to friends and colleagues of captured Nepali student Bipin Joshi, whom they believe to be one of the men in the video. Photo: Scene from a video released by Israel Defense Forces/circle illustration by WSJThe footage held little more than a grainy flicker of a young man being bundled through the hallways of Gaza’s Al-Shifa hospital by armed militants, but to friends and colleagues his identity seemed clear: It was Bipin. Nepali student Bipin Joshi, 23 years old, had last been seen on the morning of Hamas’s Oct. 7 attack, dragged away by militants who had killed 10 of his countrymen in the southern Israeli kibbutz where they harvested oranges and lemons. Since then, a small number of Nepali diplomats, local volunteers and Bipin’s friends had been piecing together fragments of evidence to answer a basic question: Did he survive?
Persons: Bipin Joshi Organizations: Shifa, Israel Defense Forces Locations: Al, Gaza’s
Antimicrobial resistance (AMR), which the World Health Organization has referred to as the "silent pandemic," is an often overlooked and growing global health crisis. Sakis Mitrolidis | Afp | Getty ImagesMaking matters worse, research has shown that climate change is exacerbating the AMR crisis in several ways. "AMR bacteria is known as a silent pandemic. Extreme heat is fueled by the climate crisis, which makes extreme weather more frequent and more intense. "We hear people talking about this 'silent pandemic,' but it shouldn't be silent.
Persons: Sakis Mitrolidis, Tina Joshi, Joshi, University of Plymouth Robb Butler, Butler, Plymouth's Joshi Organizations: Planck, Biology, Getty, World Health, United, AMR, WHO, Afp, University of Plymouth, CNBC, UN, United Arab Emirates, Polygiene, Aircraft, Bloomberg, Plymouth's Locations: United Nations, Sikorahi, Alexandroupoli, Greece, WHO Europe, United Arab, UAE, Hamburg, Germany
New York City officials say retailers and food delivery apps must act on unsafe e-bike batteries. There have been hundreds of fires linked to lithium ion batteries in e-bikes and scooters in the city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's extensively damaged," Kavanagh said, adding that the battery that sparked the fire was for a "scooter of some kind." The city has seen hundreds of fires linked to the lithium ion batteries that power electric bikes and scooters in recent years.
Persons: , Laura Kavanagh, Albertha West, Michael West, Jamiyl West, Kavanagh, haven't, Meera Joshi, They're, Joshi, Josh Gold, Uber, Patrick Burke Organizations: Service, , Fire, Amazon, Walmart, City Hall, UL, Local Locations: York City, — New York City, Brooklyn, New York City
NEW YORK (AP) — New York City officials say retailers and food delivery companies must do more to halt the proliferation of unsafe e-bike and e-scooter batteries, after a fire blamed on an electric scooter's lithium ion battery killed three people over the weekend. Fire officials said the fire broke out on the ground floor of the building. City officials have blamed off-market batteries and chargers that don't meet safety standards for many of the fires, and they have lobbied the federal government to strengthen regulations governing the sale of e-bikes and batteries. City officials haven't said whether the battery that caused Sunday's fire came from a vehicle used to make deliveries for one of the food service apps, and they didn't immediately respond to a Tuesday email seeking further information. Tens of thousands of the city's food delivery workers rely on e-bikes to get dinner to customers quickly, and Deputy Mayor for Operations Meera Joshi singled out the delivery industry during remarks at a City Hall news conference Tuesday, noting that time is money for delivery workers.
Persons: Laura Kavanagh, Albertha West, Michael West, Jamiyl West, “ It’s, ” Kavanagh, Kavanagh, , haven't, Meera Joshi, “ They're, ” Joshi, Josh Gold, Uber, Patrick Burke, “ We’ve Organizations: , Fire, Amazon, Walmart, City Hall, UL, , U.S, Congress Locations: — New York City, Brooklyn, New York City
Regulators have so far not mandated any minimum net worth or investor qualifications for those trading stock options, and the stock markets almost always rise each year - both recipes for higher risk-taking and complacency. The "stark" increase in daily options trading turnover raises issues of investor protection, said Ajay Tyagi, former SEBI chief. The platform has seen an uptick in futures and options trading activity, Zerodha said in response to Reuters queries. Siddharth Joshi, a 36-year old from Surat in western India, said he lost 200,000 rupees trading options on Adani Enterprises (ADEL.NS) shares in January. "In options trading, I know my loss is capped but there is an opportunity to make maximum profit," he said.
Persons: Francis Mascarenhas, Mihir Vora, SEBI, Ashish Chauhan, Ajay Tyagi, Kailash, Bhavesh Shah, Shah, Zerodha, Siddharth Joshi, he's, Ira Dugal, Vidya Ranganathan, Raju Gopalakrishnan Organizations: Bombay Stock Exchange, REUTERS, Rights, Securities, Exchange Board of India, Trust Mutual Fund, National Stock Exchange of India Ltd, BSE Ltd, Reuters, Axis Mutual Fund, National Stock Exchange, Adani Enterprises, Thomson Locations: Mumbai, India, Rights MUMBAI, South Korea, Bhavesh, Ahmedabad, Surat
Bipin Joshi watched the two grenades skid across the cement floor of the windowless room where he was hiding, shoulder-to-shoulder with 16 other student farmers from Nepal. Outside, the Hamas gunmen marauding through the orchards and dairy barn of Kibbutz Alumim were killing anyone they could find. The Nepalis had arrived in Israel just three weeks earlier, on a college program to tend orange and lemon groves. They were two days short of their first paycheck. Now, somehow, they were huddled against a wall, bracing for impact.
Persons: Bipin Joshi, Alumim, Nepalis Locations: Nepal, Israel
Zelenskyy praised Ukraine's wins in the Black Sea, noting they'd "be in history textbooks." Ukraine's success in the battle for the Black Sea is what will be in history textbooks, though it's not discussed as often now." Ukraine's forces followed up that attack with a later strike on the Black Sea Fleet headquarters. AdvertisementAdvertisementSevastopol has been the longstanding headquarters of the Russian Black Sea fleet, a key part of Russia's annexation of Crimea in 2014. Whether or not those victories in the Black Sea are sufficient to call the counteroffensive a success is debatable.
Persons: Zelenskyy, Ukraine's, hasn't, , Volodymyr Zelenskyy, it's, David, Wojciech Grzedzinski, Gornyak, Shashank Joshi Organizations: Service, 80th Air Assault Brigade, Anadolu Agency, Getty, Ukraine, Black, REUTERS, Economist's, Fleet Locations: Zaporizhzhia, Crimea, Ukraine, Russian, Russia, Syria, Donetsk Oblast, Sevastopol, Kerch, Ukrainian, Avdiivka
CNN —Hidden under years of dirt and grime in storage rooms, hundreds of precious religious objects have been rediscovered at a monastery in Nepal’s capital, Kathmandu. Until earlier this year, three of the sculptures were more than 7,500 miles away in New York’s Rubin Museum of Art, which specializes in Himalayan art, as well as the Metropolitan Museum of Art. Like many of Nepal’s religious sites, Itumbaha is no stranger to the theft and looting of its relics and architecture. A 14th-century carving religious carving (top) that was returned to Itumbaha by New York's Rubin Museum of Art. But for Itumbaha’s leaders, the process of recovering these objects was not only about addressing historical injustice.
Persons: , New York’s Rubin, New York's Rubin, Pranab Joshi, Rubin, Swosti Rajbhandari, Pragya Ji, Jorrit Britschgi, , ’ ”, Roshan Mishra, Mishra, Nepalis, it’s, , ” Mishra, they’re, ” Kayastha, , ” “ Rubin, “ Rubin, Riddhi Baba Pradhan, Itumbaha Pradhan Organizations: CNN, New York’s, New York’s Rubin Museum of Art, Metropolitan Museum of Art, New, New York's Rubin Museum of Art, Met, Lumbini Buddhist University, Records, Ithum Conservation Society, Rubin Museum, Lost Arts of Nepal, Locations: Nepal’s, Kathmandu, New, Itumbaha, Nepal, Lumbini, Ithum, Kathmandu Valley
Children need to do more physical and practical work at school, and schools need to integrate more movement into students’ routines. Attending Back to School Night at my son’s middle school, I was saddened to see that instruction is done mostly via large screens and that the students have no recess. My grandchildren would love the opportunity to experience the life skills that I was lucky enough to enjoy. And of course she taught sewing and cooking. Today’s students could surely benefit by learning practical life skills like home ec and shop.
Persons: Pamela Paul, Paul, I’ve, Joshi, Pamela Paul’s, Cindy Jenkins Plymouth, Roger Ramsey Buxton, , Robin Weintraub Rochester Organizations: U.C.L.A Locations: Md, Roger Ramsey Buxton , Maine, Los Angeles, N.Y
Security officers carry boxes of material confiscated after a raid at the office of news website NewsClick in New Delhi early this month. Photo: Dinesh Joshi/Associated PressNEW DELHI—At around 6:30 a.m., dozens of police fanned out to an office and private homes in India’s capital earlier this month. When one of them subjected to a search pressed them for a warrant, he said a policeman whispered that the search didn’t require one—it was happening under a stringent antiterrorism law. “I was shocked,” said Urmilesh, the subject of the search and a former executive editor of the TV channel of India’s upper house of Parliament. The 67-year-old, who uses just one name, watched dumbfounded as police rummaged through his books, journals and his daughter’s stuff.
Persons: Dinesh Joshi, , , Urmilesh Organizations: Associated Press, DELHI Locations: New Delhi
Russia's move of its Black Sea Fleet to safer waters signals its waning power there, experts told Insider. AdvertisementAdvertisementRussia's withdrawal of ships from a key Crimean base to safer ports shows it has "clearly lost its control" over the Black Sea in naval and geopolitical terms, a top naval expert told Insider. Pointing to those attacks, James Heappey, a UK defense minister, said during a defense event in Warsaw last Tuesday that the move signaled the "functional defeat" of the Black Sea Fleet. As of Sunday, multiple ships carrying grain, sunflower oil, and metals had sailed out of Ukraine's ports in the northwestern Black Sea, The Guardian reported. AdvertisementAdvertisementHardline pro-Kremlin Telegram account Rybar wrote on Friday that it's "difficult to accept" that "the Black Sea Fleet cannot fully ensure its security now."
Persons: , Basil Germond, Germond, James Heappey, Heappey, Armed Forces @JSHeappey Organizations: Fleet, Service, Lancaster University, Montreux Convention, UK's Ministry of Defence, Black, Armed Forces, Warsaw Security, — Ministry of Defence Locations: Sevastopol, Russia, Ukraine, Turkish, Novorossiysk, Crimea, Warsaw, Ukrainian
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