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☆ Nvidia cofounder lives off the grid, owns a private jet named Snoopy, and gives out single-use email addresses to avoid spam
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Curtis Priem, cofounder of Nvidia, gave the majority of his stock to his college alma mater, Forbes reported. The chip giant's first CTO spent part of his wealth on an off-the-grid home and a private jet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . By 2006, Priem sold the rest of his shares, leaving him with a fortune worth around $30 million, Forbes estimated. "I did a little crazy thing, and I wish I'd kept a little bit more [Nvidia shares]," Priem told Forbes.

Persons: Curtis Priem, Forbes, —, could've, Priem, Flexjet, I'd, Nvidia Jensen, Huang, Nvidia didn't Organizations: Nvidia, mater, Service, Foundation, Conservancy, Forbes, Rensselaer Polytechnic Institute, IBM, Computer, Gulfstream G450, RPI, Microsoft Locations: America, mater, Fremont , California

☆ UK looks to limit strike impact as doctors take coordinated action
▼ + stars: | 2023-09-19 | by ( Kylie Maclellan | ) www.reuters.com time to read: +3 min

Junior doctors hold placards during a strike, amid a dispute with the government over pay, in London, Britain April 11, 2023. Senior doctors, known as consultants, began a 48-hour walkout on Tuesday and will be joined by junior doctors on Wednesday. They are due to hold three further days of joint strike action next month. Doctors have said they will operate Christmas Day levels of service, providing emergency care. In July, junior doctors were awarded a 6% pay rise and 1,250 pounds ($1,547) for 2023/24, but the British Medical Association trade union says they are still facing a pay cut in real terms.

Persons: Maja Smiejkowska, we've, Steve Barclay, Rishi Sunak, Vishal Sharma, Sunak, Barclay, Kylie MacLellan Organizations: REUTERS, Sky News, Health Service, British Medical Association, BMA, RPI, Times Radio, Thomson Locations: London, Britain, England, France, Italy

☆ A college janitor turned off a freezer in a lab to silence 'annoying alarms,' but destroyed $1 million in scientific research in the process, a lawsuit claims
▼ + stars: | 2023-06-26 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

A janitor destroyed $1 million in scientific research after turning off a super cold freezer in a lab. He had heard "annoying alarms" coming from the freezer where over 20 years of research were stored. Lakshmi conducted high-level research inside the lab that "had the potential to be groundbreaking" and funded by the university, the lawsuit said. It's believed that Harrington destroyed $1 million worth of scientific research and RPI will be seeking as yet unspecified damages. Daigle Cleaning Systems and Lawyers for RPI did not immediately respond to Insider's request for comment about the lawsuit.

Persons: —, Joseph Harrington, K.V, Lakshmi, Harrington, It's Organizations: Service, Rensselaer Polytechnic Institute, Daigle, Rensselaer County Supreme, AS IT, RPI, Systems, Lawyers Locations: New York, Troy , New York, Rensselaer County

He joins junior doctors across England who will go on strike on March 13 for three days, protesting over pay and burnout that risks driving staff out of the health service as it tackles record-high patient waiting lists. "We've reached a boiling point where we have had enough," said Wang - a council member of the British Medical Association (BMA), which represents doctors and medical students. Junior doctors are qualified physicians, often with several years of experience, who work under the guidance of senior doctors and represent a large part of the country's medical community. The BMA says junior doctors' take-home pay has been cut by more than a quarter over the last 15 years, when using the Retail Price Index (RPI) gauge of inflation. The walkouts by junior doctors will put more pressure on the state-funded National Health Service (NHS) which is experiencing waves of strike action by nurses, ambulance workers and other staff.

☆ Britain is 'resolute' on nurses' pay, senior minister says
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 18 (Reuters) - The British government is "resolute" it will not budge on nurses' pay, senior minister Oliver Dowden said on Sunday, ahead of a planned second nationwide walkout by the profession over an average pay offer of 4% while inflation runs at more than 10%. Its leader Pat Cullen said on Friday that unless ministers "start playing ball by taking part in meaningful negotiations" over pay, nurses would continue to take action. "Governments have had every chance to act but they have chosen to turn their backs on us," she said. Dowden said nurses' pay was recommended by an independent pay review body, which had determined that nurses would receive a minimum rise of 1,400 pounds, equating to about 4% on average. Britain is facing a wave of industrial action this winter, including rail and postal services as well as healthcare.

☆ Transitory inflation talk is back. But economists say higher prices are here to stay
▼ + stars: | 2022-11-30 | by ( Elliot Smith | ) www.cnbc.com time to read: +6 min

Andrew Kelly | ReutersGlobal markets have taken heart in recent weeks from data indicating that inflation may have peaked, but economists warn against the return of the "transitory" inflation narrative. Chief Investment Officer Christian Nolting told CNBC last week that the market's pricing for central bank cuts in the second half of 2023 were premature. "So from our perspective, we think inflation is going to be lower next year, but also higher than compared to previous years, so we will stay at higher levels, and from that perspective, I think central banks will stay put and not cut very fast," Nolting added. Although goods inflation will likely slow, BNP Paribas sees services inflation as stickier in part due to underlying wage pressures. "Admittedly, we think inflation volatility is still likely to fall from its current extremely high levels.

Patricia Marquis, director of the Royal College of Nursing (RCN) union in England, said the government must listen. "This is not something that nurses do at the drop of a hat," she told Reuters. But the RCN's Marquis said that without higher pay, staff would continue to leave the profession, increasing the pressure on those who remain and ultimately damaging patient care. "But each time I've had the chance, I sort of had to pause for a minute and say 'I can't leave my patients. I can't leave my colleagues to suffer alone'," he said.

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