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☆ 'Our community has never had this much power': How Dearborn became the epicenter of Biden's 2024 headaches over Israel
▼ + stars: | 2024-04-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +11 min

"It might be the driving force behind the movement, but it's much bigger than Palestine," said Lexis Zeidan, another Uncommitted movement leader. Bryan MetzgerBut while the Arab American community is particularly concentrated in the Detroit area, with implications for 2024 in a closely-watched swing state, there are plenty of Arab American voters scattered in competitive states around the country. But the key to the movement's ongoing success has been coalition-building with other communities, including African American voters, young voters, and progressive Jewish voters. Organizers with the Listen to Michigan campaign following election results during a watch party in Dearborn, Michigan on February 27, 2024. After founding the Arab American Institute in Washington, DC in 1985, he and others worked in the intervening decades to build up Arab American power.

Persons: —, Abdullah Hammoud, Dearborn, it's, Joe Biden's, Bryan Metzger Layla Elabed, Abbas Alawieh, Ann Arbor, Layla, Alawieh, Biden, Nikki Haley, Donald Trump's, Trump, Rashida Tlaib, We've, Bryan Metzger, James Zogby, Andy Levin, who's, Jesse Jackson's, Jackson, Jeff Kowalsky, Hammoud, there's, – Organizations: Service, Business, Democratic, Israel . Movement, Israel, Dearborn, Muslim, Palestinian American, Arab American Institute, African American, Jewish, Arab, Getty, Arab American Institute in, what's, Michigan Muslim Locations: Dearborn , Michigan, United States, Gaza, Dearborn Heights, Hamtramck, Dearborn, Michigan, Ann, Palestine, America, Yemenis, Arab, Detroit, Florida, Virginia, Pennsylvania, AFP, Arab American Institute in Washington , DC

☆ 3 surprises from Nvidia earnings help justify a one-day $250 billion boost to its market value
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

If that return isn't there, will they keep ordering the latest and greatest Nvidia chips? Despite the overall improvements in availability, Nvidia on Wednesday indicated it will face supply-and-demand imbalances with its upcoming AI chips. The U.S. government has said its export controls are designed to keep high-powered AI chips out of the hands of the Chinese military. In the November-through-January quarter, China accounted for a mid-single-digit percentage of Nvidia's $18.4 billion in data center revenue, according to the company. The fact Nvidia still booked China revenue in the hundreds of millions of dollars means it could take a further hit in the region.

Persons: —, Jensen Huang, Raymond James, Nvidia's, Colette Kress, Huang, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Meta, Apple, Microsoft, Melius Research, Devices, Big Tech, Wall, U.S, Truist Securities, CNBC, Visitors, NVIDIA, Hangzhou Apsara, Getty, Nurphoto Locations: China, Hangzhou, Hangzhou Apsara Conference, Zhejiang province

☆ Travelers ride the rails to save money (and the planet) as Amtrak chases pre-Covid ridership
▼ + stars: | 2024-02-11 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

As domestic travel rebounds from pandemic lows and prices soar, some travelers opting for trains over planes. Those advantages and others are driving riders to Amtrak, the government-backed U.S. rail service, as it tries to revive pre-Covid ridership and smooth out operations. One of those passengers is Leonor Grave, who lives in New York City and often travels home to Washington, D.C., on Amtrak trains rather than flying. "I don't glamorize Amtrak as a corporation – there's a lot they could do to improve its services," Grave said. It's an exciting future for train travel."

Persons: Clint Henderson, Guy, Henderson, he's, doesn't, Leonor Grave, she's, they've Organizations: Amtrak, Alaska Airlines, Boeing, Max, Washington , D.C, Penn Locations: New York, New York City, Washington ,, New

☆ OpenAI COO Brad Lightcap talks about ChatGPT launch, Dev Day and how Sam Altman thinks
▼ + stars: | 2023-12-04 | by ( Hayden Field | ) www.cnbc.com time to read: +23 min

And I think that's just a testament to the world being really big and messy, and that these systems are still evolving, they're still really in their infancy. That may be a thing that's useful in your work, or maybe a thing that's useful in your life, or it may just be a fun thing – it may just be that you create a funny GPT and it's a cool thing to have. High-level, we always knew that we wanted to have a structure that, at its core, retained the original OpenAI – the OpenAI nonprofit. So that's the first thing to understand, I think, about OpenAI: It's not a normal company in that sense. We have shared that we have an initial board now, and expect to add more board membersWhat's the general mood like at the company right now?

Persons: OpenAI, Sam, Altman, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Dev Day, DALL, we'd, doesn't, haven't, they've, – there's, There's, …, We're, we've, Dev, It's, You've, Sam Altman, reappointment Organizations: CNBC, Fortune, Microsoft, ChatGPT Enterprise, OpenAI, OpenAI's Locations: San Francisco

☆ America’s Short-Lived Show of Unity
▼ + stars: | 2023-10-13 | by ( Susan Milligan | ) www.usnews.com time to read: +8 min

Then America's deep political divisions surfaced with a vengeance, with politicians blaming political foes for the crisis, and others turning the terrorist attack into a judgment of Israel, its government, Jews in general and the plight of the Palestinian people. Later, Trump extended his jabs at U.S. ally Israel, saying in a campaign speech that the country's defense minister was "a jerk." Trump also said Hezbollah, another designated terrorist group in Lebanon is "very smart," angering U.S. and Israeli officials alike. Some progressives are pushing back at fellow members of the Democratic Socialists of America, who have been holding pro-Palestinian rallies just days after the Hamas attack. "Some are using really over-the-top rhetoric to try to score political points against the Biden administration.

Persons: Israel, Joe Biden, Ukraine –, Bill Ackman, Strawn –, ”, Rashida, Steve Scalise, Summer Lee, Scalise –, Brett Bruen, Barack Obama, unfroze, Qatar –, –, Biden, it's, Sen, Tim Scott, Nikki Haley, Donald Trump, Trump, John Kirby, Shlomo Karhi, Tlaib, Jack Bergman, Alexandria Ocasio, Shri Thanedar, American University professor Jordan Tama, Tama Organizations: Harvard, Winston, Defamation League, Democratic, Republican Rep, GOP, Republican, Israel, Georgetown University, Biden, White, United, South Carolina Republican, Security, Tlaib, Democratic Socialists of America, Cortez , New York Democrat, Times, American University professor Jordan, . Foreign, Cooperation Locations: Israel, Afghanistan, Ukraine, Michigan, Pennsylvania, Iran, Qatar, United States, Russia, China, U.S, New Hampshire, Lebanon, Alexandria, Cortez , New York

☆ We opened a restaurant with a no-tipping policy. We have to charge more, but it's been totally worth it.
▼ + stars: | 2023-09-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Vinod Kalathil and his wife recently opened the restaurant Thattu in Chicago. The restaurant doesn't take tips but instead pays servers a competitive wage. My wife and I opened our restaurant, Thattu, about four months ago on the Northwest side of Chicago. Before we opened, we talked to other restaurant owners about plans for opening a "no-tip" restaurant. We actually opened the first iteration of Thattu back in 2019 in a food hall in Politan Row.

Persons: Vinod Kalathil, Thattu, what's Organizations: Service, Labor, City, Block Club Chicago, Block Locations: Chicago, Wall, Silicon, Kerala, India, Politan, Thattu, City of Chicago

☆ The US is likely to dodge a recession in a dream soft-landing scenario, Morgan Stanley's top economist says
▼ + stars: | 2023-08-31 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The US is nearing a dream no-recession scenario, according to Morgan Stanley's top economist. Falling inflation and steady growth show the Federal Reserve is closing in on a soft landing, Seth Carpenter said. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "I wouldn't say that we've discarded it wholesale – there's always a risk," Carpenter, who is the bank's global chief economist, told Bloomberg TV, referring to the risk of a recession. Meanwhile, growth has remained resilient – with the economy expanding 2.1% between April and June, according to a government estimate Wednesday.

Persons: Morgan Stanley's, Seth Carpenter, “, ”, Carpenter, Morgan Stanley, who's, Mike Wilson Organizations: Federal Reserve, Bloomberg, Service, Federal, Fed, Bank of America Locations: Wall, Silicon, China

☆ Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says
▼ + stars: | 2023-06-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Tesla's sizzling rally won't last forever due to old-guard rivals like Ford producing more EVs, according to one analyst. The tech giant's shares have soared 109% in 2023 thanks to a breakneck rally since late April. But some of Wall Street's biggest names – including Goldman Sachs and Morgan Stanley – are warning the stock now looks overvalued. Tesla's stock has soared 109% in 2023, on track for the biggest six-month gain since 2020. Read more: Tesla stock's best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks

Persons: Tesla's, Goldman Sachs, Morgan Stanley –, —, Craig Irwin, I've, you've, – Ford, General Motors, that's, Tesla, Musk, Linda Yaccarino, Morgan Stanley, Irwin Organizations: Service, ROTH Capital Partners, Elon, Ford, GM ramping, Yahoo Finance, General, Big Tech, EV, Barclays, Yahoo, Tesla Locations: Wall

☆ Fernando Machado, CMO of NotCO, talks about what marketers overlook while trying to embed DEI into their campaigns
▼ + stars: | 2023-06-20 | by ( Michael Kaminer | ) www.businessinsider.com time to read: +4 min

Fernando Machado is the CMO of NotCo, formerly of Burger King and Activision Blizzard. This article is part of CMO Insider, a platform that explores how the role of chief marketing officer is evolving. Fernando Machado, CMO of NotCo, a plant-based food company, is known for his bold campaigns at Burger King and Activision Blizzard.His repertoire has often tackled current social issues like LGBTQ rights and representation of other minoritized groups. In an conversation with Insider, Machado explains what most marketers overlook and how they can align their DEI strategies with agency partners. At Burger King, we had agencies sign a pledge to reach certain targets [around diversity], but only because we had targets ourselves.

Persons: Fernando Machado, Burger King, Machado, you've, It's, Burger, victimize Organizations: NotCo, Activision Blizzard, Burger King, Activision Locations: Burger

☆ Parking your cash in these investments is paying off: 3 ways to find the best place to hide
▼ + stars: | 2023-04-19 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Apple, working with Goldman Sachs, entered the fray this week and launched a savings account with a 4.15% annual percentage yield. Even money market funds, where investors can park cash that's in their brokerage accounts, are paying attractive rates. With an array of places to earn yield, investors need to weigh a few factors before deciding where they ought to keep their cash. Note that the rate paid to you on a high-yield savings account can change once you've opened it. Meanwhile, savings accounts may not hit you with penalties – but you could still face limitations on the number of withdrawals and transfers from these accounts.

☆ A tour guide recalls the terrifying moment he was swallowed by a hippo and had his arm crushed
▼ + stars: | 2023-04-13 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Paul Templer barely survived a hippo attack after a pod capsized his group's canoe when he was 28. He found himself inside a hippo's mouth three times and was swallowed up to his waist twice. "It was as if I had suddenly gone blind and deaf," Templer told The Guardian in 2013. Templer survived being in the hippo's mouth three timesA hippo is shown in Botswana. A third time, Templer found himself inside the hippo's mouth, this time with arms and legs dangling either side of its mouth.

☆ How Amazon virtual health clinic's top doctor thinks about patients as customers
▼ + stars: | 2023-04-06 | by ( Ian Thomas | ) www.cnbc.com time to read: +6 min

In 2018, it bought online pharmacy PillPack for $750 million, which it followed up by launching its own virtual clinic for chronic conditions. Now Amazon Clinic, which launched in November, is looking to open up a new option for virtual care to help with common issues like allergies, acne and hair loss. That hasn't come without some setbacks – Amazon Care, its effort to take on telemedicine and primary care for the employer market nationwide, was shut down in August after just three years. Health care, he said, can at times be correctly described as paternalistic. "Care can be a thing that we do to patients rather than with patients or for patients," Ayogu said.

☆ A woman selling her house decided to sing about it in a karaoke version of 'Never Ending Story'
▼ + stars: | 2023-03-25 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

A woman selling her house made a video singing about it to the tune of "Never Ending Story." "The never ending property" has attracted attention on social media. The home in Bedfordshire, England has five bedrooms and a dog grooming room. However, for reasons we may never know the answer to, she decided to sing about her "never ending property" to the tune of Limahl's "Never Ending Story," the title song from the 1984 film. It could be used to operate a dog grooming business like her own, the woman sings.

☆ Barry Sternlicht warns the economy is facing a sharp slump as the Fed uses 'a steamroller to get the price of milk down 2 cents'
▼ + stars: | 2023-03-24 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Barry Sternlicht warned Thursday that a sharp economic downturn is coming in the US. Jerome Powell "is using a steamroller to get the price of milk down two cents, to kill a small fly," Sternlicht said. "[Fed chair Jerome Powell] is using a steamroller to get the price of milk down two cents, to kill a small fly." "I think it's time we changed the conversation – there's good inflation and bad inflation," he told CNBC. "Good inflation is wage inflation."

☆ Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.
▼ + stars: | 2023-01-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Those realizations came to head repeatedly in 2022 as crypto hacks and a wintry bear market crescendoed with the collapse of Sam Bankman-Fried's FTX. On a macro level, persistent recession fears make speculative assets such as tokens or tech stocks less enticing. More notable is crypto bank Silvergate's nearly 50% plunge Thursday, and the company's announcement it would cut 40% of its staff. Job cuts at Amazon and Salesforce signal the first necessary step in staging a turnaround for tech stocks. All told, analysts predict layoffs could catalyze a 20% rally for tech stocks in 2023.

☆ Jim Cramer says not to fear bearish economic talk from bank CEOs – there's no 'financial apocalypse'
▼ + stars: | 2022-12-07 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday told investors that they should take gloomy economic commentary from bank executives with a grain of salt. The chief executives of Bank of America and Wells Fargo also warned that the economy is slowing down as Americans cut back on spending. Don't try to get us to sell everything," Cramer said. But I don't know if I want to take the chance of possibly missing the [next] big rally. Disclaimer: Cramer's Charitable Trust owns shares of Wells Fargo.

☆ This 22-year-old survives Lebanon with a bitcoin mining business that's been earning $20,000 a month
▼ + stars: | 2022-11-08 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +18 min

Against this backdrop, Abu Daher jumped into the crypto mining business a little over two years ago. Zoom In Icon Arrows pointing outwards Ahmad Abu Daher repairing mining equipment in the basement of a home in Zaarouriyeh. Ahmad Abu DaherIt has been 26 months since Abu Daher first set up shop, and he says that business is thriving. watch nowBuilding a bitcoin mining businessAbu Daher had a few black swan events on his side soon after he broke into crypto mining. In January, police raided a small crypto mining farm in the hydro-powered town of Jezzine, seizing and dismantling mining rigs in the process.

☆ How Google's former CEO Eric Schmidt helped write AI laws in Washington without publicly disclosing investments in AI start-ups
▼ + stars: | 2022-10-24 | by ( Eamon Javers | ) www.cnbc.com time to read: +18 min

'Conflict of interest'Schmidt's investment was just the first of a handful of direct investments he would make in AI start-up companies during his tenure as chairman of the AI commission. Altogether, Schmidt and entities connected to him made more than 50 investments in AI companies while he was chairman of the federal commission on AI. To Poulson, Schmidt was simply given too much power over federal AI policy. The new entity would continue the work of the congressionally created federal commission, with many of the same goals and much of the same staff. More than a dozen staffers from the federal commission followed Schmidt to the new private sector project.

☆ This 33-year-old left the U.S. for Bali and lives a ‘life of luxury’ on $2,233 a month—how he spends his money
▼ + stars: | 2022-02-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +7 min

In 2016, he finished his double master's degree in epidemiology and behavioral science at San Diego State University. Once his visa expired, he traveled to Mexico for four months, then went back to San Diego. 'I'm living a life of luxury'Since moving to Bali, Gbenro has been able to spend more on travel, dining and other hobbies as well as boost his savings. "I'm never worried about money anymore because Bali has a much lower cost of living than the U.S.," he says. For his first nine months in Bali, Gbenro used a tourist visa.

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