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They also argued that having the doctor testify appeared to be an effort by Mr. Menendez to present alleged facts before the jury without subjecting himself to cross-examination by testifying himself. He will be tried with two New Jersey businessmen who also were accused of participating in the bribery conspiracy. The senator’s wife, Nadine Menendez, was charged as well but granted a separate trial, in July, after her lawyers said she had a serious medical condition that would require surgery and an extended period of recovery. The indictment, which runs 66 pages, outlines a variety of schemes. But perhaps nothing has caught the public eye as much as its descriptions of the cash, gold bars and a Mercedes-Benz convertible found during a June 2022 search of the senator’s home in Edgewood Cliffs, N.J.

Persons: Menendez, Judge Stein, Rosenbaum, Nadine Menendez Organizations: Democrat, Foreign Relations, Benz Locations: New Jersey, Egypt, Qatar, Jersey, Edgewood Cliffs, N.J

☆ How a Loss in the Emergency Abortion Case Could Become a Win for Biden - The New York Times
▼ + stars: | 2024-04-25 | by ( Mary Ziegler | ) www.nytimes.com time to read: +2 min

But a decision in the second case, on access to emergency abortions, may have much more profound consequences, both for November’s election and the ongoing struggle over reproductive rights. At issue is whether EMTALA requires physicians to offer emergency abortions even when state abortion bans — including those enacted after the overturning of Roe — do not permit them. The Biden administration brought suit against Idaho in federal court, arguing that federal law does pre-empt state policy on the matter. In such states, emergency rooms “are so scared of a pregnant patient, that the emergency medicine staff won’t even look. They just want these people gone,” Sara Rosenbaum, a health law and policy professor at George Washington University, told The A.P.

Persons: Roe —, Biden, —, ” Sara Rosenbaum Organizations: Labor, Biden, Associated Press, George Washington University Locations: Idaho

☆ Live Updates: Supreme Court to Consider Access to Emergency Abortions
▼ + stars: | 2024-04-24 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +5 min

A hospital emergency department in Jackson, Mississippi, one of several states with bans that outlaw most abortions, allowing it to save a woman’s life, but not to prevent severe health consequences. The abortion case before the Supreme Court on Wednesday centers on a federal law requiring emergency medical care for any urgent condition, but its specific mention of one condition — pregnancy — will matter most. The law requires that emergency departments provide stabilizing care not only to patients facing imminent death, but patients whose health would otherwise deteriorate. There were alarming cases involving pregnant women in labor jettisoned from private hospitals before their babies could be born. “I remember a young woman in labor who was sent to Parkland from another hospital — a religiously-affiliated hospital,” he said.

Persons: ”, Dr, Ron Anderson, “, Sara Rosenbaum, Rosenbaum, Roe, Wade, EMTALA Organizations: Labor, Parkland, George Washington University Locations: Jackson , Mississippi, Idaho, Texas, Dallas, Parkland, ”

☆ Half of American workers support a ban on talking politics in the office
▼ + stars: | 2024-04-23 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

Office politics have always been a point of frustration for workers, but now it's politics in the office that's getting to many American workers. In an era during which more workers have felt emboldened to challenge bosses over politics — with the recent Google worker protests and arrests a prime example — just under half of American workers polled by CNBC and SurveyMonkey say they would support a ban on political conversations at work. Younger workers show less hesitancy toward political discussions, with 41% of Gen Z workers saying they would choose to bar any political discussions at work. That's lower than millennial workers (46%), Gen X workers (52%), and boomers (49%). The CNBC | SurveyMonkey online poll was conducted April 3-5 among a national sample of 5,993 workers in the United States.

Persons: Lara Belonogoff Organizations: Google, CNBC, SurveyMonkey, Survey, Columbia University Locations: Google's San Francisco, Gaza, San Francisco , California, United States, Israel

☆ A 'deeply misguided' political belief is weakening the economy, says Secretary of Commerce Gina Raimondo
▼ + stars: | 2024-04-18 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

"Child care is core to enabling women to work," she said. She explained that if she stayed in her career, her entire post-tax pay would have gone to child care, and all of the child care providers in her area were waitlisted. I didn't really go through this, so how many people are really thinking child care is an issue? "If you want a strong economy, women have to participate and in order for that to happen, we need strong child care," she said. Raimondo noted that half of Americans live in a "child care desert," with not enough services available at a cost that is affordable.

Persons: Gina Raimondo, Joe Biden, Raimondo, —, CNBC's Sara Eisen, Jessica Chang, Chang, CNBC's Julia Boorstin, We've, it's Organizations: Semiconductors, America, White, Capitol, U.S, Samsung, CNBC's, Changemakers, U.S . Army, CNBC Changemakers, Boston Consulting Group, U.S . Chamber of Commerce, Commerce Department Locations: WASHINGTON, DC, Washington ,, Rhode, U.S, Texas, Korean, New York City, Korea

☆ Opinion: Why antisemitism and anti-Zionism are so deeply intertwined
▼ + stars: | 2024-03-23 | by ( Opinion Rabbi Avi Weiss | ) edition.cnn.com time to read: +6 min

Born at the tail end of World War II, I grew up with antisemitism by and large under control, as even vicious Jew haters were reticent to attack Jews. Rabbi Avi Weiss Courtesy Avi WeissThis doesn’t mean anti-Semitism was not a serious problem, especially in recent decades. During the Cold War, Soviet antisemitism came to the fore with a vengeance after the Second World War. However, the concept of one tiny Jewish state, the only Western-style democracy in the Middle East, is constantly rejected and attacked. But the State of Israel, and only the State of Israel, allows Jews to save themselves.

Persons: Avi Weiss, “, ”, I’ve, Rabbi Avi Weiss, Louis Farrakhan, David Duke, Yankel Rosenbaum, antisemites, Esther, Haman, Abraham Isaac Kook Organizations: CNN, Statehood, Twitter Locations: Riverdale, Persia, Soviet, Israel, Zion

☆ EV charging for the U.S. freight trucking market is starting to scale
▼ + stars: | 2024-03-21 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Einride plans to open many EV charging stations for freight trucking on the West and East coasts, though California is the only state in which there are any EV freight charging stations of scale today. Voltera, which develops, owns and operates EV infrastructure, said the site was permitted, built, electrified and operational in under 18 months. "In the world of charging infrastructure, that's pretty remarkable," its CEO Matt Horton said in a statement. One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market takes some limited, but significant steps to build the infrastructure required for a long-term transition to EV trucking and net-zero shipping. Additional EV charging projects at ports in New York and New Jersey, as well as the Pacific Northwest, are planned.

Persons: NFI, Matt Horton, Robert Falck, Einride, Moller, Erik Neandross, —, Neandross Organizations: EV, West, Volvo, Southern California Edison, Maersk, CNBC, Pepsi, Walmart, U.S, California Air Resources Board, Department of Energy, Environmental Protection Agency, EPA Locations: East, California, Lynwood, America, Southern California, Ontario , California, U.S, Sweden, Einride, Los Angeles, Long Beach , California, Government, New York, New Jersey, Pacific Northwest, Shanghai, Chicago

☆ WeightWatchers CEO just sent an internal memo to employees as stock crashes, amid debt concerns, Oprah exit
▼ + stars: | 2024-03-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But since then WW shares have suffered heavy selling, dropping to a new 52-week low on Thursday. The stock, due to its debt load and short interest, as well as the general anxiety about the impact of the new weight loss drugs, is subject to heightened volatility. In the memo, Sistani told employees she wanted "to take a moment to address some of the breathless media coverage." WW shares closed at $1.87 on Thursday. It noted that WW was among companies from the weight loss industry involved in the TV event.

Persons: Oprah Winfrey, Sistani, Eli Lilly, Sima Sistani, Guggenheim, Oprah, Winfrey Organizations: CNBC, Nordisk, Guggenheim Partners, Guggenheim, WeightWatchers Clinic, FDA, WeightWatchers, National Museum of, ABC

☆ Top CFOs are as bullish on the Dow and as dovish on the Fed as they've been in a long time: CNBC survey
▼ + stars: | 2024-03-13 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

That's according to the CNBC CFO Council Survey for the first quarter, which shows a dramatic year-over-year change in the view from CFOs about the Federal Reserve's inflation battle. The percentage of CFOs who think the Fed will be able to achieve a soft landing has reached a five-quarter high, at 48%. According to the Q1 survey, the largest percentage of CFO respondents (44%) do not expect a rate cut until September. In the Q1 CFO survey, equal groups of just under 25% of CFO respondents think the cuts will begin in June or July. Despite CFOs expecting a slower moving Fed than traders, the latest quarterly view represents an increase in dovish expectations.

Persons: CFOs Organizations: CNBC, Survey, CPI Locations: U.S, CFOs

☆ Thinking about taking new weight loss drugs? These are the big health risk decisions that will follow
▼ + stars: | 2024-02-28 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

In this article NOVO.B-DKLLYWWGWW Follow your favorite stocks CREATE FREE ACCOUNTAn injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City, U.S., December 11, 2023. But will Americans trust the most iconic brand in the legacy weight-loss business to guide them into its future? "Big pharma was coming for weight loss, and if they didn't have a clinical angle, they would have run the risk of becoming an irrelevant company." "This is a new, incredibly powerful and effective class of pharmaceuticals that a lot of people will find help improve their health." watch nowRisks of overreliance on obesity drugs The risk is real that providers may use the medications and "forget about lifestyle," said John Batsis, an associate professor and nutrition expert at the University of North Carolina Chapel Hill's school of public health.

Persons: Eli Lilly’s, Brendan Mcdermid, Eli Lilly, —, Sima Sistani —, Sistani, Alex Fuhrman, Hallum, Fuhrman, Davidson, Linda Bolton Weiser, I've, Geoff Cook, Cook, John Batsis, Batsis Organizations: Reuters, Novo Nordisk, CNBC, Craig, pharma, University of North, University of North Carolina Chapel Locations: New York City, U.S, Herbalife, University of North Carolina

☆ 13 Marvel movie actors who struggled with starring in the superhero franchise
▼ + stars: | 2024-02-07 | by ( Ayomikun Adekaiyero | Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Kumail NanjianiKumail Nanjiani at the 75th Primetime Emmy Awards, and as Kingo in "Eternals." He explained that Marvel had faith in the 2021 movie, and sent the cast on a global tour. Nanjiani said he wasn't the only person who worked on the Marvel movie that struggled with the harsh reaction they got. He explained: "We actually just got dinner with somebody else from that movie and we were like, 'That was tough, wasn't it?' and he's like 'Yeah, that was really tough,' and I think we all went through something similar."

Persons: Kumail, Nanjiani, Gilbert Flores, Chloe Zhao's, Michael Rosenbaum, Marvel, Emily Organizations: Variety, Getty Images, Marvel

☆ Hewlett Packard Enterprise tops the 2024 JUST 100 list with market-leading worker benefits
▼ + stars: | 2024-02-05 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +5 min

Antonio Neri, CEO, Hewlett Packard Enterprise, at the NYSE, Oct. 19, 2023 Source: NYSETechnology stocks have taken back the No. 1 spot in the JUST 100, an annual ranking of large public companies on issues of key importance to the American public, with Hewlett Packard Enterprise topping last year's No. Career advancement opportunities, worker training and development, benefits and retention are other issues which helped push HPE and other companies higher in the 2024 JUST 100 rankings. All of these issues, Whittaker said, "cluster all around the questions of 'How good am I as an employer?'" Whittaker said that's also the case with the key worker issues that are the most heavily weighted in the rankings.

Persons: Antonio Neri, HPE, Martin Whittaker, Paul Tudor Jones, It's, it's, Whittaker, Kristin Major, we've, Russell, Major, that's Organizations: Hewlett Packard Enterprise, NYSE, NYSE Technology, of America, Capital, Just, Just Capital, Apple, Microsoft, Citigroup, Elevance, Devices, Micron Technology

☆ California Aims $2 Billion to Help Students Catch Up From the Pandemic
▼ + stars: | 2024-02-01 | by ( Sarah Mervosh | ) www.nytimes.com time to read: 1 min

In the fall of 2020, around the height of the debate over pandemic school closures, a lawsuit in California made a serious claim: The state had failed its constitutional obligation to provide an equal education to lower-income, Black and Hispanic students, who had less access to online learning. Now, in a settlement announced on Thursday, the state has agreed to use at least $2 billion meant for pandemic recovery to help those students who are still trying to catch up. And it includes guardrails for how the money can be used. Mark Rosenbaum, a lead lawyer for the plaintiffs, described it as a “historic settlement” that ensures that the money will go to students who are “most in need.”“Kids weren’t getting anything close to the education that was deserved, and that was baked into a system of inequities to begin with,” he said.

Persons: Mark Rosenbaum, ” Locations: California

☆ For Microsoft and OpenAI, after a year in the 'hype cycle,' the Copilot corporate spending boom is just getting started
▼ + stars: | 2023-12-20 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +9 min

While another third (32%) said they have not made the spending decision, only 13% said they would not be acquiring similar gen AI capabilities. Microsoft has pointed to customers including Visa, BP, Honda and Pfizer using Copilot, and professional services firm partners on Copilot AI including Accenture, EY, KPMG, and PwC. And even amid the hype, it's important to keep in mind that as gen AI spending grows, it is still dwarfed by companies' cybersecurity budget needs. That means roughly $5 will be spent on security for every dollar spent on gen AI. But it's growing, and for now at least, when it comes to the billions in gen AI spending, Microsoft is in the pole position.

Persons: Dan Ives, Google Bard, Satya Nadella, Sam Altman, Altman, Jason Wong, Wong, Joe Atkinson, That's, Copilot, It's, Gartner, it's, Will, John Lovelock Organizations: Microsoft, Wedbush Securities, " Enterprises, Google, CNBC Technology, Survey, Gartner, Visa, BP, Honda, Pfizer, Accenture, EY, KPMG, CNBC, CNBC TEC, SAP, Adobe, Amazon Web, Meta, SharePoint Locations: San Francisco , California, U.S, Copilot, Salesforce, that's

☆ Few things worry NATO like Russia's Yasen-class submarines, and Moscow may be planning to build even more of them
▼ + stars: | 2023-12-05 | by ( Christopher Woody | ) www.businessinsider.com time to read: +6 min

Despite high-profile losses, Russia's navy has been largely untouched by the war in Ukraine. Russian submarines, especially Yasen-class cruise-missile subs, are a top concern for NATO. A Russian defense industry source told state media outlet Tass in mid-2022 that Moscow was considering adding two more subs to the nine Yasen-class subs it had planned to build. AdvertisementYasen-class sub Severodvinsk during its launch ceremony at a shipyard in the city of Severodvinsk in June 2010. AdvertisementRussian Yasen-class sub Kazan at its home base in Severomorsk in June 2021.

Persons: —, Sasha Mordovets, Glen VanHerck, Lev Fedoseyev, Ine Eriksen Søreide, Jim Mattis, Severodvinsk, Adm, Michael Studeman, LPhot Dan Rosenbaum, Ben Key, what's Organizations: NATO, Service, Tass, US Northern Command, Zircon, Getty, Naval Sea Systems Command, US, Pentagon, CBS News, Chatham, of Naval Intelligence, Russia's, British Royal Navy, US Navy, British navy's Locations: Ukraine, Russian, Russia, Moscow, Northern, Pacific, Severodvinsk, Europe, North America, Severomorsk, Washington DC, NATO, Soviet, Western

☆ Clean energy stocks have fallen out of favor. They face more challenges ahead
▼ + stars: | 2023-12-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Plug Power shares have slipped 63% this year, Enphase Energy shares have plunged 60%, SolarEdge Technologies shares have declined 71% and NextEra Energy shares have slid 29%. Yet clean energy stocks haven’t recovered, despite hopes that an influx of US government spending on climate solutions would help revive the sector. The culprit behind clean energy stocks’ poor returns? Krull sees the current rut in clean energy stocks as a buying opportunity for investors. Clean energy stocks also aren’t the only way investors are putting their cash to work with a sustainability mindset.

Persons: Biden, Todd Jones, Jean Rosenbaum, Andrew Poreda, That’s, Peter Krull, Krull, ” Krull Organizations: New, New York CNN, Clean Energy, Enphase Energy, SolarEdge Technologies, NextEra Energy, Bank of America, Federal Reserve, Gratus Capital, Sage Advisory, Earth Equity Advisors, Nvidia Locations: New York, Paris

☆ These stocks are overbought following November's big market surge
▼ + stars: | 2023-12-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

On the flip side, some oversold names could be due for some near-term gains. A 14-day RSI reading above 70 typically indicates that a stock is overbought and could face a pullback. Here are some of the most overbought names: Equifax was the most overbought name on the list, with a 14-day RSI reading of 97.13. Other overbought names on the list include BlackRock and Northern Trust . Stocks that are oversold include Cigna , which has a 14-day RSI of 20.49.

Persons: Equifax, Shlomo Rosenbaum, Nick McKay, McKay, Cigna, Hormel, Fred Imbert Organizations: Dow Jones Industrial, Nasdaq, CNBC, BlackRock, Northern Trust, CNBC Pro, Street, Humana, Cisco, Wynn Resorts, — Locations: Equifax, 2H24

Donations were up $20 million on Tuesday, a 0.6% increase over last year before adjusting for inflation, the nonprofit said. GivingTuesday makes its estimate by drawing on data from donor management software companies, donation platforms, payment processors and donor-advised funds. Political Cartoons View All 1273 ImagesIt's still too early to know whether end-of-year giving will pull charitable donations back up this year. “We absolutely lean into those traditional cycles of giving, which I feel like GivingTuesday really capitalizes on,” she said. GivingTuesday's estimates don't include gifts to mutual aid groups, donations to political organizations or gifts made directly to individuals, Rosenbaum said.

Persons: GivingTuesday, ”, Woodrow Rosenbaum, Rosenbaum, Elaine Kenig, “, Kenig, Naomi Thompson, ” Rosenbaum Organizations: —, “, ” Nonprofit, Vanguard Charitable, Lilly Endowment Inc, AP Locations: U.S, Maui, Northern Ireland

☆ A signal from big companies they think workers are losing control of the job market
▼ + stars: | 2023-11-28 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Unemployment has ticked up, wage growth continues to decline, and the "quits rate" has leveled off from its pandemic surge. The CFO view of the labor market also filters through to their broader view of the economy and markets, which has changed in other considerable ways over the four quarters of surveying by CNBC this year. Almost a year later, the market has rallied on the conviction that inflation has been vanquished and the hikes are finished. But the CFO view of when inflation returns to 2% keeps getting pushed farther out into the future. That's more hawkish than the market, which currently is betting the Fed may start cutting by May.

Persons: CFOs, that's, it's, Jackson Organizations: CNBC, Stone, Nasdaq, PPI, Inflation, Walmart, Dow Jones, Dow, Fed Locations: Detroit, Hollywood, CFOs, it's

☆ The looming office space real estate shortage. Yes, shortage
▼ + stars: | 2023-11-26 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

You read that right: amid a commercial real estate market across U.S. downtowns being described in apocalyptic terms, CoStar sees a shortage on the horizon, with one key caveat for top companies to bear in mind. CoStar's call of an upcoming office space shortage is predicated on a look at the current data on leasing and construction activity compared to recent market history. They have attracted over 175 million square feet of net new occupancy since the beginning of 2020, an average of 12.7 million square feet per quarter. "Modern, premium office space remains in demand, just as it has historically, even during difficult economic times," said Phil Mobley, national director of office analytics at CoStar Group. Less than 30 million square feet has broken ground in 2023, making this year the lowest for construction starts since 2011.

Persons: Visoot, downtowns, Phil Mobley, Google's, Mobley, Jeff Greene Organizations: CNBC, Google, City, Gas Co, Billionaire Locations: U.S, New, Los Angeles, West Palm Beach

☆ What we can expect from 'Deadpool 3,' starring Ryan Reynolds and Hugh Jackman
▼ + stars: | 2023-11-14 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Read previewA third "Deadpool" film is in the works, starring Ryan Reynolds as the titular Marvel mercenary and anti-hero. This time around, Reynolds will be joined by his longtime friend Hugh Jackman, who's reprising his role as Logan/Wolverine. According to Jackman, 'Deadpool 3' will take place before 'Logan'Hugh Jackman as Logan/Wolverine in "Logan." "And the fact that he's going to be on our 'Deadpool' set each and every day is nerve-wracking for me. 'Deadpool 3' is currently set for release on July 26, 2024Ryan Reynolds and Hugh Jackman in "Deadpool 3."

Persons: —, Ryan Reynolds, Reynolds, Hugh Jackman, who's, Logan, Shawn Levy, Jackman, Wolverine, James Mangold's, Deadpool, Hugh, Wade, he's, Emma Corrin, Jordan Strauss, It's, Matthew Macfayden, Matthew Macfadyen, Jae C, Tom Wambsgans, Morena, Morena Baccarin, Vanessa, Baccarin, Michael Rosenbaum, everybody's, Karan Soni, Leslie Uggams, Al, Stefan Kapicic, Rob Delaney, Peter, Brianna Hildebrand, Shioli Kutsuna, Yukio, Jennifer Garner, Elektra Jennifer Garner, Elektra, Fox Garner, Ben Affleck, Garner, AFTRA, @ShawnLevyDirect, @VancityReynolds Organizations: Service, Marvel, Business, Collider, Disney, Fox, Canada, Twitter, Hollywood, Etalk, Hollywood Reporter, Marvel Studios, British, SAG Locations: Logan

☆ Opinion | Speech and Antisemitism on Campus
▼ + stars: | 2023-11-13 | by ( ) www.nytimes.com time to read: +5 min

And he rightly suggests necessary limits on a culture of free speech, including prohibitions on harassment and targeting based on ethnic or religious identity. We can build our bastions of free speech on the foundational layers of moral clarity and intellectual integrity. To the Editor:Re “What Is Happening on College Campuses Is Not Free Speech,” by Gabriel Diamond, Talia Dror and Jillian Lederman (Opinion guest essay, Nov. 11):Protecting free speech on campus requires bravery and intellectual honesty, not partisan definitions. As Jewish students, we share in the real fear surrounding the rise of violent threats against our communities. Upholding free speech requires empathy and consistency, and we must understand that intimidation and fear on campuses are real, and they are not felt only or even primarily by Jewish students.

Persons: Jesse Wegman, Wegman, Rabbi, Ari Berman, Gabriel Diamond, Talia Dror, Jillian Lederman, ”, Eliana Blumberg Rita Feder Michael Farrell, Rosen Providence, Lawrence D, Platt Los Angeles, Joshua Rosenbaum Brooklyn, Joe Manchin, … Organizations: Hamas, Yeshiva University, Holocaust, Israel, Jewish, Brown University, College, University, Touro University Locations: Israel, Chicago, R.I, American, Europe

☆ Fedex CEO warned of 'worldwide recession' a year ago. Here's what he sees now
▼ + stars: | 2023-11-02 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

In September 2022, amid weak results that punished its stock, Fedex Raj Subramaniam warned that a "worldwide recession" was in the cards. That hasn't happened, but the Fedex CEO isn't exactly backtracking, and says several of the underlying reasons for his pessimistic call remain in place. "Those are three things negative to our industry and that's what I said," Subramaniam told CNBC's Holland. The Fedex CEO stressed that he made his call "early" so the company could get "significantly more efficient" and come out of a slowing global economy in better shape. Fedex shares have outperformed the market and its chief competitor UPS , which is down nearly 20% this year.

Persons: Fedex Raj Subramaniam, Subramaniam, CNBC's Frank Holland, CNBC's Holland, Brian Cornell Organizations: Fedex, CNBC, Walmart, Target, UPS

☆ Allstate, Allianz invest $265 million in Next Insurance in a big bet on insuretech
▼ + stars: | 2023-11-01 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +2 min

Allstate and Allianz are making a sizable bet on the digital transformation of the commercial insurance market with a $265 million strategic investment in Next Insurance, an insuretech startup focused on the small business market. "There's a massive opportunity with 30 million-plus small business owners in the U.S.," said Guy Goldstein, CEO and co-founder of Next Insurance. The commercial market is a much more complex one to transform digitally compared to personal lines where a generic application can be completed easily online. The small business market specifically is also one where owners often lack insurance expertise and internal finance staff to handle the policy decisions. "It's a $140 billion market but it is extremely fragmented," Goldstein said.

Persons: Guy Goldstein, William Blair, William Blair's, Goldstein Organizations: Allstate, Allianz, Next Insurance, CNBC Locations: U.S

☆ How Bill Nye, ‘The Science Guy’ educated Google Bard on how AI can help save the world
▼ + stars: | 2023-10-29 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +3 min

You may not know this, but Bill Nye, "The Science Guy," has professional experience overseeing new and potentially dangerous innovations. Still, computer science is not the skill that Nye thinks is the most important for students to learn. We don't want a smaller and smaller fraction of people understanding a more complex world," Nye said. During the conversation with CNBC's Tyler Mathisen at the TEC Summit on AI, CNBC surprised Nye with a series of questions that came from a prompt given to the Google generative AI Bard: What should we ask Bill Nye about AI? Watch the video above to see all of Bill Nye's answers to the AI about how it can help save the world.

Persons: Bill Nye, Guy, Nye, CNBC's Tyler Mathisen, Bard, —, Bill Nye's Organizations: Boeing, CNBC Technology, Summit, TEC, CNBC Locations: New York City

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