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☆ Credit Cards Are Smarter: Better Fraud Detection, No Travel Alerts
▼ + stars: | 2024-05-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

I don't know how JPMorgan Chase knew that I would spend $200 on Botox in Argentina, but it did. It's great that banks and credit-card companies are getting better at discerning which payments are fraudulent and which are legit. Credit-card fraud protection is still far from perfect, but there's no denying that the technology is improving. So I reached out to some credit-card companies and academics to learn more. But it's cool that companies really are making fraud detection better, especially in a world where fraudsters themselves are constantly getting better.

Persons: JPMorgan Chase, it's, Nilson, We've, that's, Tina Eide, Eide, Mike Lemberger, they've, Lemberger, here's, Yann, Aël Le Borgne, Gianluca Bontempi, Bontempi, I'd, Le Borgne, somebody's, Emily Stewart Organizations: Citibank, JPMorgan, Federal Trade Commission, American Express, Netflix, Libre de Bruxelles, Companies, Visa, Citi, Business Locations: California, Buenos Aires, Botox, Argentina, North America, Belgium, Lemberger

☆ A 62-year-old boomer without a college degree can't land a higher-paying job — and she doesn't see herself ever being able to fully retire
▼ + stars: | 2024-05-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

She anticipates having to work part-time in retirement to supplement Social Security. And I was always counting on Social Security, knowing I can't live on it only, but I just thought it would be more than what it's going to be." Crystal has just over $70,000 in savings, according to documents verified by BI, and she anticipates getting around $1,200 a month in Social Security. AdvertisementIt means that a lot of them will primarily rely on Social Security — and the program is projected to no longer be able to pay out full benefits by 2035 unless Congress intervenes. Related storiesCrystal said that with all of her daily expenses, her finances are strained, and she doesn't think she'll ever be able to fully retire.

Persons: didn't, —, Crystal —, that's, she's, She's, I've, Crystal, they're, Diane Senffner, Senffner, — Crystal, I'm Organizations: Social, Service, Business, Social Security, BI, AARP, Alliance, Lifetime, Security, Bills, Wall, Walmart

☆ Philippines calls for expelling Chinese diplomats as South China Sea row escalates
▼ + stars: | 2024-05-12 | by ( ) www.cnbc.com time to read: +3 min

Chinese Coast Guard vessels fire water cannons towards a Philippine resupply vessel Unaizah May 4 on its way to a resupply mission at Second Thomas Shoal in the South China Sea, March 5, 2024. China said the United States must refrain from "stirring up trouble" or taking sides on the South China Sea issue, after U.S. Secretary of State Antony Blinken said a security deal with the Manila extended to attacks on the Philippine coast guard. The Philippines' national security adviser called on Friday for Chinese diplomats to be expelled over an alleged leak of a phone conversation with a Filipino admiral in a significant escalation of a bitter row over the South China Sea. Chinese foreign ministry spokesperson Lin Jian called the comments provocative and said Chinese diplomats in the Philippines had to be allowed to do their job. The report said the conversation had taken place in January and the transcript was provided by a "ranking Chinese official", which it did not name.

Persons: Shoal, Antony Blinken, Eduardo Ano, Lin Jian, Lin, Ferdinand Marcos Jr, Thomas Shoal Organizations: Guard, U.S, Philippine, U.S . State Department, Philippine Department of Foreign Affairs, Manila Times, Beijing, Reuters Locations: Philippine, South China, China, United States, Manila, Philippines, China's, Beijing

Nearly two weeks after a pro-Palestinian encampment at the University of California, Los Angeles, was attacked by counterprotesters, university officials still have not explained why security officers stood by for hours while the attack was underway, nor have they arrested any of those who swarmed in wielding metal rods, water bottles and firecrackers in one of the worst outbreaks of violence in the college protests that have rocked the country. The extent of the policing failure has become clearer in recent days, as witnesses have come forward to describe a chaotic night of violence on April 30, in which students and bystanders repeatedly called 911 and nonemergency lines, finding little help and calls that were disconnected. A dispatcher told one caller pleading for help that they were ending the call because “I have actual emergencies to handle.”One man was filmed by a local television station on the phone with emergency dispatchers, alerting them that people were getting hurt. “Security has abandoned this encampment,” he could be heard saying before lowering his phone and looking at it. “They just hung up on me again,” he said incredulously.

Persons: “, ”, incredulously Organizations: University of California, counterprotesters Locations: Los Angeles

☆ Switzerland wins Eurovision Song Contest amid Gaza protests
▼ + stars: | 2024-05-12 | by ( ) www.cnbc.com time to read: +4 min

The completed stage for the Eurovision song contest (ESC) is pictured at the Malmo Arena, shown to the media at a press conference in Malmo, Sweden on April 25, 2024. Switzerland on Saturday won the Eurovision Song Contest 2024 in Swedish host city Malmo, beating runner-up Croatia, after having been among bookmakers' top-three to win the competition. Swiss rapper and singer Nemo, 24, won the contest with "The Code", a drum-and-bass, opera, rap and rock song, about Nemo's journey of self-discovery as a non-binary person. The Eurovision winner is awarded the contest's official glass trophy, which is shaped like a classic, old-fashioned microphone, with sand blasted and painted details. "I didn't just break the code, I also broke the trophy," Nemo said, laughing, at the press conference after the win.

Persons: Nemo, Celine Dion, Swiss revellers, Maha Nater, Lasagna, Marko Purisic, Israel's Eden Golan, Joost Klein Organizations: Eurovision, Malmo, Saturday, Moi, Protesters, European Broadcasting Union, Russia, Police Locations: Malmo, Sweden, Switzerland, Croatia, Israel, Gaza, Swiss, Zurich, Europe, Ukraine, Dutch

He is running for the Senate as an immigrant who made good, reaching out to Ohio voters with a stirring, only-in-America bootstraps story: arriving as a child from Colombia, taking a risk on a struggling business, and then turning it into a smashing success and himself into a millionaire 100 times over. Running under the banner of Donald J. Trump’s populist political movement, Bernie Moreno, the Republican challenging Senator Sherrod Brown, humbly calls himself a “car guy from Cleveland” and recounts the modest circumstances of his childhood, when his immigrant family started over from scratch in the United States. “We came here with absolutely nothing — we came here legally — but we came here, nine of us in a two-bedroom apartment,” Mr. Moreno said in 2023, in what became his signature pitch. His father “had to leave everything behind,” he has said, remembering what he called his family’s “lower-middle-class status.”But there is much more that Mr. Moreno does not say about his background, his upbringing and his very powerful present-day ties in the country where he was born.

Persons: Donald J, Bernie Moreno, Sherrod Brown, Cleveland ”, “, ” Mr, Moreno, ” Organizations: Senate, Republican Locations: Ohio, America, Colombia, Cleveland, United States

☆ Who Are Key Players in the Menendez Case?
▼ + stars: | 2024-05-11 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com time to read: +7 min

Who Are Key Players in the Menendez Case? Mr. Menendez goes to trial on May 13 with two of the businessmen, Fred Daibes and Wael Hana. Fred Daibes New Jersey Real Estate Developer Mr. Daibes is accused of giving Mr. Menendez furniture, gold and cash. Nadine Menendez Mr. Menendez’s Wife Ms. Menendez served as a go-between for Mr. Menendez, Egyptian intelligence officials and men who were seeking political favors from the senator, according to the indictment. Defense LawyersAdam Fee Lawyer for Robert Menendez He previously spent five years as a prosecutor in the U.S. attorney’s office for the Southern District — the same office prosecuting Mr. Menendez.

Persons: Menendez, Robert Menendez, Nadine Menendez, Mr, Fred Daibes, Wael Hana, Menendez's, Daibes, Nadine Menendez Mr, Menendez’s, Ms, Jose Uribe, Uribe, Uribe's, Sidney H, Stein, Bill Clinton, Jennifer Shah, Hassan Nemazee, Damian Williams, Williams, President Biden, Sam Bankman, Fried, Juan Orlando Hernández, Christina Clark, Clark, Charles McGonigal, Catherine Ghosh, Eli Mark, Paul Monteleoni, Robert Hadden, Lara Pomerantz, Ghislaine Maxwell, Jeffrey Epstein, Norman Seabrook, Daniel Richenthal, Sheldon Silver, Michael Avenatti, Adam Fee, Fee, Avi Weitzman, Lawrence Lustberg Organizations: Democrat, Robert Menendez New Jersey, Senate Foreign Relations, Jersey Real, EG, Prosecutors, United, Jose Uribe Former New, Benz, U.S, Southern, of, Democratic, Attorney, Southern District of, ex, Public, New, New York City Housing Authority, Justice Department, Southern District’s, New York State Assembly, Nike . Defense, Southern District Locations: New Jersey, Manhattan, Jersey, Egypt, Qatar, United States, Jose Uribe Former New Jersey, of New York, Southern District, Southern District of New York, Russian, New York City, Brooklyn, Columbia, New York, U.S, California

☆ Joost Klein: Eurovision disqualifies Dutch act over incident involving female crew member
▼ + stars: | 2024-05-11 | by ( Matt Wells | ) edition.cnn.com time to read: +4 min

Malmo CNN —The Eurovision Song Contest was thrown into fresh turmoil Saturday when organizers disqualified the Dutch entrant hours before the grand final for a backstage incident involving a female crew member. “Swedish police have investigated a complaint made by a female member of the production crew after an incident following his performance in Thursday night’s Semi Final. While the legal process takes its course, it would not be appropriate for him to continue in the Contest,” the EBU said. The EBU said the disqualification of Klein did not involve any other performer or member another country’s delegation. Tensions brew in Malmo ahead of finalThe alleged incident involving Klein happened on Thursday evening after the second semi-final, the EBU said.

Persons: Joost Klein, ”, Klein’s, AVROTROS, Klein, Eden Golan, Israel, Switzerland’s Nemo, France’s, Alyona, Jerry Heil, Golan Organizations: Malmo CNN, European Broadcasting Union, Swedish Police Authority, CNN, Malmo Arena, EBU, Security, RAI, Croatia, Israel Locations: Malmo, Sweden, Israel, Russia, Ukraine, Gaza

☆ Trump is spending most of his court-free days without public campaign events
▼ + stars: | 2024-05-11 | by ( Daniel Dale | Kristen Holmes | ) edition.cnn.com time to read: +5 min

But a review of his activities over the trial’s first four weeks shows that he has done little campaign travel, and held few public campaign events, on days off from court. Trump held no public events on seven of the 12 court-free days. But he has let the majority of the 12 off days pass without doing any public campaign events. No public events; attended Republican National Committee fundraising luncheon at Mar-a-LagoMay 5: Day off court. No public events; attended dinner with NFT buyers at Mar-a-LagoMay 9: CourtMay 10: CourtMay 11: Day off court.

Persons: Donald Trump, “, ” Trump, baselessly, Joe Biden, It’s, Trump, Andrzej Duda, New Jersey CNN’s Kate Sullivan Organizations: Washington CNN, Trump, Democratic, Republican National Committee, New, Trump Tower, Bedminster, Republican National, Mar, Miami Locations: Manhattan, Pennsylvania, Florida, North Carolina , Georgia, Ohio , New Hampshire, South Carolina, New York , New Jersey, Georgia, South Carolina , Ohio, New Hampshire, Ohio, Poland, New York City, Wisconsin, Michigan, North Carolina, New Jersey, Miami, Bedminster, New York

☆ Biden calls Trump ‘unhinged’ and says ‘something snapped’ in former president after he lost 2020 election
▼ + stars: | 2024-05-11 | by ( Samantha Waldenberg | ) edition.cnn.com time to read: +1 min

CNN —President Joe Biden on Saturday called Donald Trump “clearly unhinged” and claimed that “something snapped” in the former president after he lost the 2020 election. “It’s clear that … when he lost in 2020, something snapped in him,” Biden told supporters in Seattle at a private fundraiser Saturday, according to reporters in the room. “He’s not only obsessed with losing in 2020, he’s clearly unhinged. Trump continues to hold an advantage over Biden, according to a CNN poll conducted by SSRS last month. “By the way, remember when he was trying to deal with Covid, he said just inject a little bleach in your veins?” Biden told a crowd of builders last month.

Persons: Joe Biden, Donald Trump “, ”, “, ” Biden, “ He’s, he’s, Biden, Trump, SSRS, Biden’s, Jon Shirley, “ I’ll, Jennifer Agiesta Organizations: CNN, Biden, “, Covid, Microsoft Locations: Seattle, Manhattan, ” Saturday’s Washington

☆ 'This is where you start bear markets from': A notorious bear who called the 2000 and 2008 crashes warns stock-market conditions resemble a major peak more than any time in the last 100 years
▼ + stars: | 2024-05-11 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

The gauge is shown below in green and red alongside S&P 500 price action in blue. Most strategists at major Wall Street banks, meanwhile, generally see the S&P 500 staying above 5,000 through 2024. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.

Persons: Jeremy Grantham, John Hussman, he's, Hussman, —, it's, Warren Buffett, there's, David Rosenberg Organizations: Hussman Investment Trust, Business, CPS, Federal Reserve, Rosenberg Research, Bureau of Labor Statistics, Employment Dynamics, bullish

☆ Macklemore calls out President Joe Biden with viral pro-Palestine protest song called 'Hind's Hall'
▼ + stars: | 2024-05-11 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Rapper Macklemore has released a pro-Palestine protest song called "Hind's Hall." Elsewhere in the song, Macklemore takes aim at Biden and the feud between Drake and Kendrick Lamar. AdvertisementMacklemore has called for a cease-fire in Gaza and condemned continuing US aid to Israel in his new song, "Hind's Hall." The song has gone viral on social media with 37 million views on X, 1.7 million views on YouTube, and 2.9 million likes on Instagram. AdvertisementIn the opening bars of his new song, Macklemore praises college students across the US who are protesting Israel's war in Gaza.

Persons: Macklemore, Drake, Kendrick Lamar, —, Hind Rajab, Joe Biden, Biden, freedom's, Gina Wetzler, Annie Lennox Organizations: Palestine, Columbia University, Biden, Service, Hamilton Hall, Protesters, YouTube, United Nations Relief, Works Agency for Palestine Refugees Locations: Gaza, Israel, Palestine, Hamilton Hall, Columbia, Seattle, Dua Lipa, East

United Nations CNN —A United Nations resolution in support of Palestinian membership passed with overwhelming support on Friday, and granted new privileges to the Palestinian Authority in its current capacity as a non-member observer state. Palestinian Ambassador to the United Nations Riyad Mansour at the UN in New York City on May 10, 2024. Eduardo Munoz/ReutersIn remarks before the vote, Palestinian ambassador Riyad Mansour spoke passionately about the plight of Palestinians in wartorn Gaza. Only member states can vote, but the Palestinian Authority can now be seated among member states in alphabetical order; submit and introduce proposals and amendments; and co-sponsor proposals and amendments. In September 2011, the Palestinian Authority failed to win UN recognition as an independent member state.

Persons: “, ”, United Nations Riyad Mansour, Eduardo Munoz, Riyad Mansour, ” Mansour, Israel Katz, Mansour, United Nations Robert Wood, Wood, United Nations Gilad Erdan, Charly Triballeau, Gilad Erdan, ” Erdan, Farhan Haq, ” Haq Organizations: United Nations CNN, Nations, Palestinian Authority, United Arab, United Nations, Palestinian, UN, Reuters, Columbia University, Authority, Security, US, Assembly, Getty Locations: Hungary, Argentina, Micronesia, Nauru, Palau, Papua New Guinea, Israel, United States, United Arab Emirates, The State, Palestine, United, New York City, Gaza, Rafah, AFP, New York

☆ Target will only stock Pride merch in half its stores after last year's backlash led to workers being threatened and falling sales
▼ + stars: | 2024-05-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Target plans to stock Pride merch in about half its stores this year, sources told Bloomberg. Last year, Target's Pride range faced a massive backlash from conservatives, contributing to a fall in sales. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTarget plans to stock Pride merch in just half its stores after it faced an intense backlash and even calls for a boycott last year, Bloomberg reported. It plans to sell its full Pride range online, the people said.

Persons: — Organizations: Bloomberg, Service, Pride Month

☆ McDonald’s is working to introduce a $5 value meal
▼ + stars: | 2024-05-10 | by ( Kate Rogers | ) www.cnbc.com time to read: +2 min

McDonald's is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The value meal was first reported by Bloomberg News. The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. Mentions of low-income consumers on company earnings calls are at their highest levels in nearly two years, according to data from Bank of America. An initial proposal by McDonald's for the $5 value meal did not clear necessary hurdles, and additional details are now being discussed, according to a person familiar with the process.

Persons: McDonald's, Dave, Buster's, Chris Kempczinski, Kempczinski, Ian Borden, — CNBC's Amelia Lucas Organizations: CNBC, Bloomberg News, Bank of America, McDonald's, U.S Locations: U.S

☆ Warren Buffett had to work from his iPhone for days after lines went down at Berkshire Hathaway
▼ + stars: | 2024-05-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Warren Buffett slashed his Apple stake then found himself forced to work from his iPhone. The investor turned to the device after phone lines went down this week at Berkshire Hathaway HQ. "I'm glad we didn't sell all of our Apple," Buffett joked to The Omaha World-Herald. The famed investor revealed during Berkshire Hathaway's annual shareholder meeting on Saturday that he'd slashed his Apple stake. He was nodding to Berkshire cashing in 13% of its Apple stake for roughly $20 billion last quarter.

Persons: Warren Buffett, Buffett, —, he'd, Berkshire Hathaway Organizations: Apple, Berkshire Hathaway, Service, Berkshire Hathaway's, Berkshire Locations: Omaha, Berkshire

☆ Xi wants to boost trade and investment between Europe and China. It won't be easy.
▼ + stars: | 2024-05-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

According to the business chamber's survey, just 13% view China as a top investment destination — a record low. EU firms' China operations are 'decoupling' from their headquartersIt's not just the gloomy economy and slowing demand that are weighing on investor confidence. EU firms have also started to "decouple" their operations in China as the number of foreign nationals employed locally falls. It also makes it increasingly difficult for the China operations of the EU firms to get approval from their headquarters. The European business chamber called for "full access to legitimate and trustworthy sources of economic data" in its report.

Persons: —, Xi Jinping, It's, Jens Eskelund Organizations: Service, European Union Chamber of Commerce, Business Locations: Europe, France, Serbia, Hungary, China

☆ Justice Thomas Denounces ‘the Nastiness and the Lies’ Faced by His Family
▼ + stars: | 2024-05-10 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +1 min

Justice Clarence Thomas denounced on Friday “the nastiness and the lies” that have shadowed him in recent years as public scrutiny has mounted over his wife’s efforts to subvert the 2020 election and luxury gifts he has accepted from billionaire friends. It amounted to some of the most extensive public remarks he has made since revelations that he failed to disclose years of lavish trips from wealthy conservatives, like the Texas real estate magnate Harlan Crow, including on private jets and a superyacht. “My wife and I, the last two or three years, just the nastiness and the lies,” said Justice Thomas, who did not specify what he was referring to in addressing a full ballroom of lawyers and judges gathered for a judicial conference in Alabama. “There’s certainly been a lot of negativity in our lives, my wife and I, over the last few years, but we choose not to focus on it.”The justice faced calls for recusal after text messages and emails showed that his wife, Virginia Thomas, known as Ginni, sought to overturn the election, appealing to administration officials and lawmakers. Justice Thomas has continued to participate in a number of cases related to the 2020 election, including three about Jan. 6 on the docket this term.

Persons: Clarence Thomas, Harlan Crow, “, ”, Thomas, “ There’s, Virginia Thomas, Justice Thomas Locations: Texas, Alabama

The bank's price target implies more than 35% upside. Citi also increased its price target to $47 per share from $38, which implies more than 30% upside from Thursday's $36.06 close. The firm upgraded shares of the drive-through coffee company to buy from hold and raised its target price to $46 per share from $33. Dutch Bros stock has ticked up roughly 4% in 2024, lagging the broader market. The firm upgraded the conglomerate to buy and raises its price target to $115 per share from $91.13.

Persons: abate, Jon Tower, Brian Evans, TD Cowen, Cowen, Andrew M, Charles said, — Brian Evans, Chris O'Cull, Wesley Brooks, Brooks, Brandon Nispel, Nispel, Fred Imbert Organizations: CNBC, Warner Bros, Discovery, HSBC, Citi, Cheesecake, Bros, MMM

Here are the takeaways from day 15 of the Trump hush money trial:Cohen is on deckCohen is expected to take the stand Monday, putting him face-to-face with his former boss. With Cohen’s testimony implicating Trump, however, comes all of the baggage that accompanies the former president’s longtime fixer. Judge to Cohen: Please stop talkingAhead of Cohen’s expected testimony, Trump attorney Todd Blanche urged Judge Juan Merchan to order Cohen to stop talking about the trial and Trump. Video Ad Feedback Pollster: Trump's trial won't affect votes in November 03:46 - Source: CNNMerchan has already said he cannot gag witnesses in the case. Prosecutors introduce key text and call records into evidenceAfter Westerhout left the stand, prosecutors spent the rest of the day calling a series of custodial witnesses to introduce cell phone records into evidence.

Persons: Donald Trump’s, Michael Cohen, Trump’s, Stormy Daniels, Trump, Cohen, Daniels, He’s, Alvin Bragg’s, Cohen’s, Todd Blanche, Judge Juan Merchan, Blanche, ” Blanche, Joshua Steinglass, ”, CNN Merchan, Merchan, “, ” Cohen, White, Madeleine Westerhout, Susan Necheles, Westerhout, didn’t, ” Westerhout, she’d, Allen Weisselberg, ” Necheles, she’s “, Weisselberg, Cohen reimbursements, Stormy Daniels ’, Gina Rodriguez, Dylan Howard, Howard, Rodriguez, David Pecker, “ We’re, ” Rodriguez texted Howard, “ Keith, Davidson, ” Howard, ” Rodriguez, Steinglass, ” Merchan, wasn’t Organizations: CNN, White, Prosecutors, Trump, Manhattan, White House, Trump Org ., National Enquirer, American Media Inc, Trump Org Locations: Manhattan

☆ Racism Alleged at Multiple Globe Life Affiliates
▼ + stars: | 2024-05-10 | by ( Susan Antilla | ) www.businessinsider.com time to read: +20 min

"If I'd brought it up, I would have been blackballed," he told BI. She told BI that Lobello frequently sent her racist memes he found online that contained the N-word. AdvertisementBell, in the hat at right, at a team dinner for an AIL agency then known as Giglione-Ackerman. In the areas she was assigned, she told BI, "most of the people were uninsurable" because of poor health, hard drug use, and poverty. If you work at Globe Life or AIL and have information to share about the company, please contact Susan Antilla at susan.antilla1@gmail.com .

Persons: Domenico Bertini, Chris Selejan, Rob Gray, James " Bo, E, Gentile, Organization —, Frank Svoboda, Warren Buffett's Berkshire Hathaway, Fuzzy Panda, Scott Dehning, AIL, Dehning, Jennifer Haworth, I'd, John L, Ann Marie Arcadi, Gray, Eric Giglione, Giglione, Bell, He'd, Brian W, Fraser, Popeyes, Morgan Lobello, Lobello she'd, y'all, Lobello, David Zophin, Ackerman, Andy Mercado, texted, quieted, Bell's, Raynaldo Lafontant, David Ackerman, Lafontant, Mercado, Sarah Reay, Reay, Debra Gamble, Gamble, Nicole Korkolis, Donnaya Presberry, Presberry, Abeni, Mayfield, Amy Williamson, Abeni Mayfield, Rosem Morton, Silvana Pajor Flores, Pajor Flores, Susan Antilla Organizations: Globe Life, Business, Globe, New York Stock Exchange, Texas Rangers, Dallas Cowboys, Organization, BI, Department of Justice, Research, Latina, Ackerman Agency, New Jersey Superior Court, SEAT, Giglione, Commission, Professional Employees International Union, Liberty National Division, Liberty National, Edison, AIL Locations: Kentucky, Bertini, Pennsylvania, McKinney , Texas, Michigan, West Virginia, New Jersey, Argentina, Aurora , Colorado, Edison , New Jersey, Edison, Giglione, Morgantown , West Virginia, Moon Township , Pennsylvania, Pittsburgh, Columbia , Maryland, Cumberland , Maryland, Kansas, Waco , Texas, Colorado, AIL, susan.antilla1@gmail.com

☆ Target Scales Back Pride Month Displays After Backlash Last Year
▼ + stars: | 2024-05-10 | by ( Julie Creswell | More About Julie Creswell | ) www.nytimes.com time to read: +1 min

After being criticized last year for its store displays for Pride Month, the annual celebration in June for L.G.B.T.Q. Target has often displayed its Pride apparel and merchandise prominently in many of its stores, sometimes near the entrances. Last year, however, Target faced outrage and calls for boycotts from some conservative commentators and customers over the displays, which included clothes and books for children about transgender issues and gender fluidity. At the time, the chain expressed concern for its employees’ safety after saying some customers screamed at workers and threw Pride-themed merchandise on the floor. Target ended up moving the displays from the front of some stores and placing them in the back.

Persons: Organizations: Pride, Target Locations: L.G.B.T.Q

☆ Here are Friday's biggest analyst calls of the day: Nvidia, Tesla, Apple, 3M, Bumble, Nike, Walmart, Palantir & more
▼ + stars: | 2024-05-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wedbush reiterates Apple as outperform Wedbush said it's standing by its outperform rating on shares of Apple . Bank of America reiterates Palantir as buy Bank of America said it's standing by its buy rating on shares of Palantir. Bank of America initiates Apogee Therapeutics at buy Bank of America said the biotech company has best-in-class potential. Bank of America upgrades Bumble to buy from neutral Bank of America sees "multiple expansion" for the dating app company. Bank of America reiterates Walmart as buy Bank of America said it's bullish heading into Walmart earnings on May 16.

Persons: Bernstein, Wedbush, Palantir, Wells, CRNC, Stifel, TD Cowen, Morgan Stanley, Raymond James, it's, Bumble, Lear, Tesla, Oppenheimer, Guggenheim Organizations: Nvidia, Citi, Cheesecake, Apple, Worldwide, " Bank of America, Bank of America, Mizuho, Apogee Therapeutics, Warner Brothers Discovery, HSBC, TPG, of America, Dominion, underperform Bank of America, Dominion Energy, Barclays, Nike, Walmart, Supercenters, Moffett Locations: WWDC, Palantir, OW, U.S

☆ Apple is revamping Siri with generative AI to catch up with chatbot competitors, report says
▼ + stars: | 2024-05-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Apple plans to implement generative AI into its virtual assistant Siri, NYT reported. Apple reportedly wants the AI Siri to be able to chat, summarize texts, and do existing tasks better. The report comes amid fears that Apple is lagging behind competitors when it comes to gen AI. AdvertisementThe report comes amid talk that Apple is playing catchup to competitors on AI, as the company hasn't yet made any generative AI announcements. The iPhone company's CEO, Tim Cook, has teased during earning calls that big news about generative AI products is right around the corner.

Persons: Siri, —, Apple, catchup, Tim Cook Organizations: Apple, Service, The New York Times, Times

☆ Some Tesla owners just got a cool new update that makes loading their cars a lot easier
▼ + stars: | 2024-05-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Tesla owners must enable the feature in vehicle settings and ensure that phone settings allow for nearby interactions for the Tesla app. So far, the update is only available to iPhone 11+ users with the Tesla app 4.3.0+. However, a future update will extend the feature to Android users, according to Not a Tesla App. Another change in the software update allows owners to attend Zoom video calls from the car using the interior cabin camera. While you can only use the video feature if you're parked, you can still use the app with audio only during driving mode.

Persons: —, — Tesla Organizations: Service, EV, Twitter

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