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German automotive giant Volkswagen on Tuesday said it was scrapping six labor agreements as the company's standoff with unions and its works council intensified. "The company sees itself forced to do so because of the current economic challenges," Volkswagen said in a statement translated by CNBC. That applies to the company as well as the wage agreement levels," Volkswagen human resources chief Gunnar Kilian said in the statement. In a statement released Tuesday, VW Works Council head Daniela Cavallo reiterated that there would be pushback to Volkswagen's plans. We will not accept this silently and without action," he said in a statement translated by CNBC.

Persons: Gunnar Kilian, Daniela Cavallo, Thorsten Gröger Organizations: Volkswagen, VW, CNBC, VW Works, IG Metall Locations: Zwickau, Germany

Deutsche Bank resumed coverage of Tesla with a buy rating, calling it a top pick. He also notched his price target $4 higher to $80, implying shares could gain 16.6% from Monday's close. Along with the new iPhone 16 line, the company unveiled Apple Intelligence for beta rollout next month, or new artificial intelligence capabilities for the iPhone. The iPhone 16 and 16 Plus are available for pre-order starting Friday. "At the core, we do not see Tesla as an automaker but rather a technology platform attempting to reshape multiple industries, deserving of a unique type of valuation framework," the analyst wrote.

Persons: Andrew Obin, Obin, — Hakyung Kim, David Vogt, Vogt, Morgan Stanley, Erik Woodring, Woodring, Goldman Sachs, Michael Ng, Ng, Bernstein, Douglas Harned, Harned, Daniela Nedialkova, Hakyung Kim, Tesla, Edison Yu, Yu, Fred Imbert Organizations: CNBC, Deutsche Bank, Atlantic, Costco, Bank of America, Johnson, Wall Street, Apple Intelligence, UBS, Apple, GE Aerospace GE Aerospace, GE Aerospace, GE Locations: Monday's

☆ Why playing it safe on immigration and crime could be a big risk for Harris
▼ + stars: | 2024-09-09 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +19 min

Since Harris replaced President Joe Biden as the Democratic nominee, Trump has constantly attempted to portray her as weak on immigration and crime. On Friday, Harris also chose not to mention mass deportation during a radio interview with Univision, when the host asked her to summarize her argument to undecided Hispanic voters. “There is a way in which those [crime and immigration] issues in particular are also about bigger things,” said Adrianne Shropshire, executive director of BlackPAC, a group working to mobilize Black voters for Harris and Democrats. And many of those voters might recoil from these Trump policies on crime and immigration if they heard more about them. “What he is hoping is that the Black voters who he is [courting] don’t see that stuff,” Shropshire said.

Persons: Kamala Harris, Donald Trump, Trump, Harris, Joe Biden, Gary Segura, UnidosUS, Segura, Ohio Sen, JD Vance, Stephen Miller, Miller, Michael Ettlinger, Goldman Sachs, Jeffrey Passel, Passel, Rudolph Giuliani, Michael Bloomberg, Black, Ed Chung, Vera Action, Tim Walz, Trump’s, she’s, surrogates, ”, Adrianne, “, ” Segura, ” Tom Wong, Wong, ” Wong, Daniela Gilbert, That’s, Biden, Gilbert, ” Gilbert, ” Anthony Baber, Baber, “ Trump, ” Baber, ” Harris, She’s, Chung, –, Dana Bash, , Daniel Cox, BlackPAC Organizations: CNN, Democratic, Unidos, ”, White, Trump, of Police, National Guard, University of New, Carsey, of Public, Boston Globe, Pew Research Center, New York Police Department, Minnesota Gov, Univision, Black, GOP, US Immigration, Center, University of California, America’s, Marquette Law School, Religion Research Institute, Detroit, Whites, Survey Center, American Enterprise Institute Locations: California, Wisconsin, Texas, New York City, Phoenix, Las Vegas, Philadelphia, Atlanta, Savannah, Adrianne Shropshire, San Diego, United States, CNN’s, Michigan, Pennsylvania, Shropshire, ” Shropshire

☆ Jordan Chiles' stripped bronze is gymnastics' biggest controversy since the 2000 Sydney Olympics disaster
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kaetlyn-Liddy-Byline-Jm.Jpg | Kaetlyn Liddy | ) www.nbcnews.com time to read: +6 min

U.S. gymnast Jordan Chiles was stripped of her floor exercise bronze medal Sunday by the International Olympic Committee after a scoring inquiry was deemed invalid. Chiles is the only gymnast in history to be stripped of an Olympic medal for reasons other than age falsification or failed drug tests. The bronze medal debacle is the sport's most high-profile controversy since the 2000 Sydney Olympic Games, the site of the biggest scandal in Olympic gymnastics history. Jordan Chiles competes during the Women's Gymnastics Floor Routine final competition at the 2024 Paris Summer Olympics, at the Bercy Arena in Paris, on Aug. 5, 2024. The U.S. women's gymnastics team, which initially finished fourth in 2000, was awarded the bronze medal in 2010 after the Chinese team was disqualified.

Persons: Jordan Chiles, Chiles, Romania's Ana Bărbosu, Svetlana Khorkina, “ I’ve, ”, Kathy Kelly, Khorkina, Dmitry Lebedev, Andreea, Răducan, Simona Amânar, Raducan, Thomas Bach, Bach, ” Bach, Dong Fangxiao, Fangxiao's, Switzerland’s Fanny Smith, Germany’s Daniela Maier Organizations: International Olympic, Sport, Sydney Olympic Games, ESPN, Bercy, Kommersant, IOC, Swiss Federal Tribunal, Jordan, Beijing Winter Locations: Sydney, Paris, Soviet, Romania, Beijing, U.S

☆ For Brittney Griner, a gold-medal Olympic run brings a gratitude for freedom
▼ + stars: | 2024-08-11 | by ( Chantel Jennings | ) www.nytimes.com time to read: +4 min

PARIS — Brittney Griner knew she would get emotional, but didn’t think it would be like this. “And then to be here and win gold for my country, representing when my country fought for me so hard for me to even be standing here. Advertisement“It’s a great day,” Griner said Aug. 1, the same day her team picked up its second Olympics win. She’s so thankful to be here.”Throughout her time in France, Griner consistently brought up her gratitude for returning to her teammates and to the game she loves. “And I was able to bring back gold for my country.”(Photo of Brittney Griner: Daniela Porcelli / Eurasia Sport Images / Getty Images)

Persons: Brittney Griner, Griner, “, mpic qu Organizations: PARIS, United, France, Bercy Arena, Griner, ev e Locations: United States

☆ The Olympics have been a coronation for USWNT’s Naomi Girma and her defensive work
▼ + stars: | 2024-08-09 | by ( Meg Linehan | ) www.nytimes.com time to read: +7 min

PARIS — Last summer, Naomi Girma introduced herself to the world at the 2023 Women’s World Cup in Australia and New Zealand. She was the only field player to play every minute of last summer’s World Cup, too. — Sydney Leroux (@sydneyleroux) August 7, 2024Girma has deflected jokes about being named Secretary of Defense and questions about last year’s World Cup exit. “Last year, a lot of us were transitioning in, and now we’ve been on the national team,” Girma said in Lyon. Born a year after the 1999 World Cup, Girma has been following in the footsteps of quiet center-back leaders from Carla Overbeck to Becky Sauerbrunn, while forging her path.

Persons: Naomi Girma, Girma’s, —, They’re, “, I’ve, Emma Hayes, Hayes, Girma, “ She’s, Sophia Smith, Smith, ” Naomi Girma, Sydney Leroux, @sydneyleroux, ” Girma, “ We’ve, it’s, Carla Overbeck, Becky Sauerbrunn, Megan Rapinoe, ” Rapinoe, She’s, Daniela Porcelli, Mallory Swanson, Trinity Rodman, Jeff Rueter, Rodman, Swanson, Sauerbrunn, Alyssa Naeher, Becky, Lindsey Horan, It’s, Katie Meyer, San Diego —, ” Naeher, she’s, ” Rodman, “ It’s, John Todd, Dan Goldfarb Organizations: PARIS, Paris, Germany, Stanford, Defense, Getty, Ethiopian, Golden Boot Academy, San Diego Wave, Brazil Locations: Australia, New Zealand, France, ” U.S, Lyon, Tokyo, Girma, San Diego, Paris

☆ USWNT 1 Japan 0: Trinity Rodman’s extra-time goal lifts a tired U.S. team to the Olympic semifinals
▼ + stars: | 2024-08-03 | by ( Steph Yang | Jeff Rueter | ) www.nytimes.com time to read: +10 min

The trio who had been so dominant in the group stage slowed in the knockout round opener. Sure, but Japan is also a very clinical team, able to cede possession and attack when they can create chances. Rodman’s extra-time goal keeps USWNT Olympic hopes aliveComing into the Olympics, Rodman’s role with the USWNT had largely been one of a creator. Throughout the group stage, few teams had as well-rounded a line anywhere on a field as the United States’ attack. AdvertisementThroughout the group stage, three teams stood out in underlying metrics: the United States, Japan, and Spain.

Persons: Trinity Rodman, Emma Hayes ’, Rodman, Mallory Swanson, Sophia Smith, ” Hayes, Lynn Williams, Jeff Rueter, Steph Yang, Swanson, Smith, TRINITY RODMAN, w., S. Organizations: women’s, Swanson, Paris Games, U.S, Japan, EADS Locations: Japan, U.S, United States

☆ Who is Stephen Nedoroscik? The quirky stories of Team USA’s Olympic pommel horse hero
▼ + stars: | 2024-08-02 | by ( Audrey Snyder | ) www.nytimes.com time to read: +14 min

The kids that like doing that boring part are just not your typical kid.”Memes of Nedoroscik sitting and waiting 2-plus hours to compete went viral this week, while phrases like Pommel Horse Guy, America’s Pommel Horse Hero and the Clark Kent of Pommel Horse spread across the Internet. But when it was time to hop on the pommel horse, he delivered an #Olympics moment. This week, The Athletic spoke with some of Nedoroscik’s former teammates, coaches and supporters to hear their best stories of America’s Mr. Pommel Horse. “That’s Stephen. (Matt Marton / USA Today)Taking away the Rubik’s CubeNedoroscik was obsessive and passionate about learning pommel horse.

Persons: Matt Carbone, Carbone, that’s, Stephen, ”, he’s, Stephen Nedoroscik, haven’t, ” Carbone, “ We’re, Nedoroscik, Liz Gonzalez, Bob, it’s, Liz, Bob —, —, Bob Gonzalez, “ They’re, Guy, Clark Kent, Ben Cooperman, ” Cooperman, “, USA's Stephen Nedoroscik, 6vRNnUXhF2, America’s, Michael Meagher, Meagher, Steve, …, ” Meagher, ’, he’ll, ’ ” Meagher, “ That’s Stephen, “ He’s, Kareem Abdul, Jabbar, Cooperman, Matt Marton, Bryan Perla, ” Nedoroscik, “ He’d, Ian Skirkey, “ I’ve, Brennan Pantazis, Pantazis hadn’t, Pantazis, ‘ Brennan, ” Pantazis, Penn, Jack Baldwin, ” Baldwin, “ Stephen, Baldwin, ” Sam Davis, Davis, ” Davis, ” Said Baldwin, “ That’s, Daniela Porcelli Organizations: Sterling Gym, Paris Olympics, U.S, Penn State, Sterling, University of Massachusetts, ’ Worcester Technical High, Engineering, Worcester Tech, Junior, Worcester, NBA, NCAA, Stanford, Penn, Team USA, Rocket, XBox, Rocket League Locations: Sterling ,, Worcester, Paris, USA, Las Vegas, Vegas, Penn State, Eurasia

☆ Stephen Nedoroscik beat the odds to earn an Olympic moment, and then he nailed it
▼ + stars: | 2024-07-29 | by ( Dana O'Neil | ) www.nytimes.com time to read: +7 min

Advertisement“But I don’t need to see when I do pommel horse,” Nedoroscik said, a bronze medal draped around his neck and a grin spread across his face. The result: a 14.866 score that secured bronze for Team USA, its first team medal in gymnastics since 2008. “It was Penn State squirrels in the Penn State parking garage,” Jepson said with a laugh. Nedoroscik had come to State College to check out Penn State and its facilities but never told Jepson he was coming. He did it at Penn State, where he eventually won two national titles, and he does it now, on the senior circuit.

Persons: Stephen Nedoroscik, Priestly, “, Wears, ”, Nedoroscik, ” Nedoroscik, Randy Jepson, Nedoroscik hadn’t, ” Jepson, Jepson, he’s, Stephen, Daniela Porcelli, —, Frederick Richard, Paul Juda, Brody Malone, ‘, Jordan Chiles, James Long Organizations: Team USA, Penn State, Jepson, State College, USA, COVID, U.S, United Locations: Paris, Penn State, Tokyo, Eurasia, United States, USA

☆ Zhiying Zeng: 38 years after ending Olympic dream in China, this ‘table tennis grandma’ will represent Chile at Paris 2024
▼ + stars: | 2024-07-26 | by ( Matias Grez | ) edition.cnn.com time to read: +9 min

CNN —Zhiying Zeng’s eyes begin to sparkle and her gestures become more animated as she recounts the day her lifelong Olympic dream came true. Even in China, by far the world’s most dominant table tennis nation, Zeng’s talents were evident from an early age. When she was 16, she was called up to the Chinese table tennis team for the first time. Finally, 38 years after she gave up on her Olympic dream, Zeng qualified for Paris 2024 at a pre-Olympic qualifying tournament in Lima, Peru, in May this year. “Calm, calm,” Zeng, who says mental fortitude is her biggest asset in table tennis, repeated to herself.

Persons: Zeng, ’, Tania ’ –, –, empanadas, “, Chile Zeng, ”, Rodrigo Arangua, Daniela Ortega, Paulina Vega, Luisa Gonzalez, Reuters “, ’ ”, ” Zeng, Tia Tania ’ –, Tania –, Zeng isn’t, Gabriel Boric, Mariana Sahakian, Zeng’s, “ You’ve Organizations: CNN, Paris, Chile –, CNN Sport, Getty, Games, Pan American, Reuters, Tennis Federation, AP, Pan Am, Olympic Locations: China, Asia, Chile, Chilean, Guangzhou, AFP, Seoul, Arica, –, Iquique, Santiago, Lima , Peru, Lima

☆ You've heard of pretty privilege, but 'ugly privilege' may have its perks too
▼ + stars: | 2024-07-26 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

But what about "ugly privilege"? A TikToker called Sarah posted a video this week, which has amassed 159,000 views at the time of writing, where she explained why she thought she had "ugly privilege" and what it meant. "But when I say I have ugly privilege, it's not that I necessarily think I'm an ugly individual," Sarah said. She continued: "But when I say I have ugly privilege, what I mean by that is men, in general, don't mind me attractive." Underlying sexismRegardless of the "privilege" of being deemed ugly or pretty, women are disproportionately scrutinized for their looks and are acutely aware of this scrutiny.

Persons: —, Sarah, it's, I've, that's, Lucas Botzen, Botzen, Melissa Weaver, hadn't, Weaver, Daniela Herrera, Chilcutt Organizations: Service, Business, Johns Hopkins Carey Business School, University of, Sinclair Pharma, Allies, Recruiting

☆ U.S. Olympian cheat sheet: Top athletes to watch in Paris beyond the best-known stars
▼ + stars: | 2024-07-24 | by ( Alex Andrejev | ) www.nytimes.com time to read: +20 min

He won gold at the 2023 Pan American Games in Santiago, Chile, to qualify for the Paris Olympics. Judo — Maria LabordeLaborde, 33, is the highest-ranked U.S. judoka qualified for the Paris Games — at No. He won gold at the 2023 Pan American Games and qualified in speed climbing for the Paris Games, his first Olympics. Carissa Moore participates in a training session ahead of the Paris Olympics this week in Teahupo’o, French Polynesia. Knibb obtained quotas in both triathlon and road cycling for the Paris Games, which will make her a rare multi-sport Olympian.

Persons: Simone Biles, Katie Ledecky, LeBron James, Barry, Kareem Maddox, Dylan Travis, Dearica Hamby, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Casey Kaufhold, Kaufhold, she’s, Luann Ryon, Dean Alberga, Anita Alvarez Alvarez, Alvarez, Andrea Fuentes, Fuentes, Beiwen Zhang Zhang, She’s, Zhang, Kelly Cheng Cheng, nee Claes, Sarah Sponcil, Cheng, Sara Hughes, They’re, Brazil’s Ana Patricia Silva Ramos, Eduarda “ Duda ” Santos, United States ’ Taryn Kloth, Kristen Nuss, Jahmal Harvey Harvey, USA’s, Harvey, — Victor Montalvo Montalvo, Montalvo, Boy Victor, ”, Paris Victor Montalvo, He’ll, Kenzo Tribouillard, — Nevin Harrison Harrison, Casey Eichfeld, Jennifer Valente Valente, Valente, Andrew Capobianco Capobianco, Michael Hixon, Capobianco, Carson Tyler, Mike Ruiz, Delaney Schnell, Jessica Parratto, — McLain Ward Ward, Ward, Sapphire, — Lee Kiefer Kiefer, Gerek Meinhardt, Lee Kiefer, Matthias Hangst, Amanda Golini, Ashley Hoffman, Golini, Hoffman, — Maria Laborde Laborde, Laborde, Jess Davis Davis, Meghan Musnicki, Lisa Schlenker’s, Musnicki, Kevon Williams Williams, Williams —, Houston —, Kevon Williams, Yong Teck Lim, Daniela Moroz Moroz, Moroz —, —, — Vincent Hancock Hancock, he’s, Al Oerter, Carl Lewis, Michael Phelps, TeamUSA.com, Jagger Eaton Eaton, Tom Schaar, Eaton, Sam Watson Watson, Carissa Moore Moore, Moore, Carissa Moore, Jerome Brouilett, Lily Zhang It’s, China, — CJ Nickolas Nickolas, Jessica Stevens, — Taylor Knibb Knibb, Knibb, — Jordan Larson Larson, Toru Hanai, Maggie Steffens Steffens, Steffens, Flav, Olivia Reeves Reeves, Reeves, — Aaron Brooks, Brooks, David Taylor, Spencer Lee, Lee, Iran’s Hassan Yazdani, Aaron Brooks, Fabrice Coffrini Organizations: Paris Olympics, Olympic, Paris Games, BYU, Games, Tokyo Games, Getty, Badminton, USA, USC, Trojans, Eduarda “ Duda ” Santos Lisboa, United, U.S, Pan American, USA Boxing, Red Bull, Paris, Madison, U.S . Olympic, Tokyo, Athens Games, Beijing, University of Kentucky, FIH, Team USA, Pan American Games, NBC Sports, Rio, Rugby, rugby, Olympics, Fiji, New Zealand, HSBC SVNS Singapore, USA.com, Los Angeles Games, X, —, Tokyo Olympics, Nebraska, Sydney Games, Beijing Games, Brazil, Team USA’s Locations: Paris, Tokyo, U.S, women’s recurve, Berlin, Russia, Ukraine, Budapest, Barcelona, China, Indonesia, Mexico, United States, Santiago , Chile, Belgrade, Serbia, Florida, AFP, Rio, Japan, Athens, Ranchi, India, Germany, Lima , Peru, Cuba, London, Houston, Wujiang, Hawaii, Teahupo’o, French Polynesia, Beijing, Penn

☆ A personal finance TikToker claims unlimited PTO is the 'biggest scam.' Career experts say she has a point.
▼ + stars: | 2024-07-18 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Read previewA personal finance creator said she wanted to remind people that working at a company with unlimited vacation days was a "scam." In a recent video that amassed more than 800,000 views, she said unlimited PTO saves a company "millions if not billions of dollars." AdvertisementCritics have also labeled unlimited PTO a "sham" that can lead to employees actually taking fewer days off than they should and getting burned out. AdvertisementChang also doesn't believe unlimited PTO has any mental health benefit, and that unlimited mental health leave "would be far more beneficial and appreciated" by workers. Ultimately, unlimited PTO means "no time off," she said, "because people don't feel free to take it because it's not technically theirs."

Persons: —, Jessica, Jeanie Y, Chang, let's, Denise Rousseau, Rousseau, it's, they're, It's, Daniela Herrera, Herrera Organizations: Service, Business, Carnegie Mellon University, Companies, Allies, Recruiting

The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company's technology. It initially started with $100 million in 2008, and doubled to $200 million two years later. Venture capitalists are now looking for ways to sweeten their offers to court AI startups, as investors swarm to the hottest deals. Funding for AI startups more than doubled in the second quarter from the first, topping $24 billion, according to data from Crunchbase. OpenAI has its own venture fund, the OpenAI Startup Fund, which its website says is "investing $175 million to help AI companies have a profound, positive impact on the world."

Persons: Anthropic, Kleiner Perkins, Matt Murphy, Murphy, Daniela Amodei, Dario, OpenAI, ChatGPT Organizations: Menlo Ventures, Menlo, Apple, CNBC, Venture, OpenAI, Fund Locations: Crunchbase

The debate between Donald J. Trump and President Biden had analysts in Asia fretting. During Thursday night’s debate, President Biden told former President Donald J. Trump that the United States is the “envy of the world.”After watching their performance, many of America’s friends might beg to differ. In Europe and Asia, the back-and-forth between the blustering Mr. Trump and the faltering Mr. Biden set analysts fretting — and not just about who might win the election in November. Image Mr. Biden leaving the debate stage. Kasit Piromya, Thailand’s foreign minister from 2008 to 2011 and a former ambassador to the United States, lamented the state of American politics.

Persons: Donald J, Trump, Biden, ”, fretting —, ” Simon Canning, ” Sergey Radchenko, Vladimir Putin, Xi Jinping, “, Putin, “ I’ve, Mr, Kenny Holston, François Heisbourg, Trump’s, “ I’m, Heisbourg, Radoslaw Sikorski, Marcus Aurelius, Commodus, Sikorski, Joe Biden’s, Donald Trump, Joe Biden, Daniela Schwarzer, Bogdan Butkevych, “ Trump, Chan Heng Chee, Ms, Chan, Lee Byong, ’ ”, Koichi Nakano, Haiyun Jiang, Narendra Modi, Tara Kartha, —, Shen Dingli, don’t, Kasit, Damien Cave, Lee Wee, Choe Sang, Vivian Wang, Camille Elemia, Mujib Mashal, Ségolène Le Stradic, Marc Santora Organizations: Johns Hopkins School, International Studies, —, Mr, Russia, New York Times, Trump, Bertelsmann Foundation, Washington , D.C, Credit, Kremlin, Kyiv Independent, Biden unnerves, Institute for Far Eastern, Kyungnam University, Sophia University, The New York Times, Washington, National Security Council of, ”, Weibo Locations: Asia, Australian, United States, Europe, Australia, Washington, Russia, China, North Korea, Ukraine, Lebanon, Iran, Israel, Japan, South Korea, Gaza, Jerusalem, France, Washington ,, American, Ukrainian, North, Seoul, “, United, Tokyo, The New York Times India, National Security Council of India, New Delhi, Beijing, India, Communist, Shanghai, U.S, Southeast Asia

☆ How Much Is the Health of Biden and Trump Our Business? - The New York Times
▼ + stars: | 2024-06-24 | by ( Daniela J. Lamas | ) www.nytimes.com time to read: +1 min

Among the most fraught questions about this election is the health of the aging candidates themselves. President Biden is 81 and former President Donald Trump is 78; the major presidential parties have never before put forth candidates who are as old. Both men have been seen as showing signs of cognitive decline, leading to calls for greater disclosure about the health of our presidential candidates. It is natural to assume that physicians might have a better understanding than other voters of how healthy either Mr. Trump or Mr. Biden is. But they are even more pressing today, as social media amplifies questions about the health and fitness of public officials.

Persons: Biden, Donald Trump, Trump, it’s, Franklin Roosevelt, John Fetterman of, Trump’s Locations: John Fetterman of Pennsylvania

☆ Goldman Sachs refreshed its conviction lists of global stocks — giving one 63% upside
▼ + stars: | 2024-06-20 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs refreshed its lists of top global stock picks for June by adding some and removing others. The stocks are captured in the investment bank's "Conviction List - Directors' Cut" and seeks to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a group designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 40% upside potential in the next 12 months. Goldman has a target price of 685 New Taiwan dollars ($21.16) on the stock, implying 54.1% potential upside.

Persons: Goldman Sachs, Goldman, Chao Wang, Oil Goldman, Nikhil Bhandari, Phillips, Daniela Costa, CNBC's Michael Bloom Organizations: bank's Investment, EMC, Taiwan Stock Exchange, SmartETFs Asia, New, Oil, Project, bbl, PTT Public Company, Stock Exchange of, Nasdaq, Philips, Euronext Locations: Asia, Pacific, Europe, New Taiwan, Thailand's, Stock Exchange of Thailand, Dutch, Euronext Amsterdam

☆ The man who dared to revolt against Sam Altman at OpenAI just started a research lab promoting 'safe superintelligence'
▼ + stars: | 2024-06-20 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI cofounder and former chief scientist Ilya Sutskever announced his new venture on Wednesday — a research lab committed to developing "safe superintelligence." "I am starting a new company," Sutskever said of his new project, Safe Superintelligence Inc. (SSI) in an X post. I am starting a new company: https://t.co/BG3K3SI3A1 — Ilya Sutskever (@ilyasut) June 19, 2024According to SSI's website, the lab has "one goal and one product: a safe superintelligence." AdvertisementRepresentatives for Safe Superintelligence and OpenAI didn't immediately respond to requests for comment from BI sent outside regular business hours. Following Altman's return, Sutskever appeared to have been shut out of OpenAI, BI reported in December, citing people familiar with the situation.

Persons: —, Ilya Sutskever, Sutskever, BG3K3SI3A1 — Ilya Sutskever, Daniel Gross, Daniel Levy, Ashlee Vance, Bloomberg's Vance, OpenAI didn't, Elon Musk, Sam Altman's, Altman, Altman's, OpenAI, splintering, Dario, Daniela Amodei Organizations: Service, Superintelligence Inc, Business, SSI, Apple, BI, OpenAI, Amazon, Google Locations: OpenAI

☆ Ralph Lauren designs Team USA’s uniforms for the 2024 Olympics
▼ + stars: | 2024-06-18 | by ( Alex Rees | ) edition.cnn.com time to read: +4 min

I think that Ralph Lauren is able to understand that ethos and bring it to life,” Lauren continued. "Team USA uniforms celebrate classic styles that are made to be loved and endure for generations," Ralph Lauren said in a statement of the label's new designs — like the single-breasted blazers athletes will wear to the opening ceremony on July 26. For this occasion, Ralph Lauren designed a racecar-style jacket with USA patch detailing, a a classic striped polo and crisp white jeans. Richard Phibbs/Courtesy Ralph LaurenGymnast Shilese Jones — one of Ralph Lauren's brand ambassadors at the 2024 Games — is pictured in the closing ceremony look. John Guerrero/Courtesy Ralph Lauren

Persons: Ralph Lauren, athleisure, “, ” David Lauren, Ralph Lauren’s, ”, ” Lauren, Richard Phibbs, Ralph Lauren Four, Katie Ledecky, Steven Pan, Kamren Larsen, Ralph Lauren Denim, Jamal Hill, Daryl Homer, Shilese Jones, Ralph Lauren's, “ Ralph Lauren, ” Sarah Hirshland, ” Kiteboarder Daniela Moroz, John Guerrero Organizations: CNN, USA, Olympic, Team USA, ”, ’, Paralympic, Paris Games Locations: Paris, ”, America

☆ A weaker dollar, skyrocketing prices and ‘record’ visitor numbers: Good luck in Europe this summer
▼ + stars: | 2024-06-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +12 min

Hotel prices are exploding. As the owner of Destination Europe, she is sending “record numbers” of clients to the continent this year. There’s been such a huge demand for travel in the past three years, and lots of places are pushing up prices.”Is summer in Europe already a washout? Socrates Baltagiannis/picture alliance/Getty ImagesData from Hotel Monitor, American Express Global Business Travel’s annual analysis of worldwide hotel rates, backs his theory up. His prediction appears to be coming true: although the Amex GBT analysis predicted a 11% spike in Paris hotel rates this year, so far they have only risen 8%.

Persons: “ There’s, ”, Tom Jenkins, ” Kayla Zeigler, Graham Carter, “, There’s, you’re, it’s, Eric Gaillard, Reuters It’s, they’re, Eiffel, Hagia Sophia, Jenkins, Tim Hentschel, that’s, It’s, Milos, Hotelplanner's Tim Hentschel, Socrates Baltagiannis, Hentschel, haven’t, Conde Nast, Hayley Berg, Hopper, Berg, Jaime Reina, ‘, ’ ” They’re, Daniela Santanchè, ” Zeigler, Carter, –, Charles de Gaulle, ” They’re, Zeigler, ” –, – Berg, bookers, Henry Nicholls Organizations: CNN, European Tourism Organisation, Unforgettable, “, Reuters, Getty, Hotel Monitor, American Express Global, ”, AFP, Italy –, Games Locations: Europe, Bosnia, Bulgaria, Denmark, Iceland, Poland, Romania, Sweden, Switzerland, Czech, Hungarian, Ukrainian, Ukraine, Turkish, Hagia, Venice, Paris, Amsterdam, Dublin, Berlin, Stockholm, Barcelona, London, Murcia, Marbella, Windsor, Paddington, Rome, Athens, Venice’s, Mallorcan, Italy, Amalfi, Positano, Amalfi Coast, Puglia, Sicily, Slovenia, Croatia, Ireland, Portugal, France, airfare, London's, AFP

☆ Silver price gains are outshining gold thanks to China's solar panel overproduction
▼ + stars: | 2024-05-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Record high gold prices are in the spotlight — but it's really the yellow metal's poorer cousin, silver, that's outperforming in the price rally. Spot silver prices have gained 35% this year-to-date to 12-year-highs. In comparison, spot gold prices are at around $2,350 per ounce, but have just gained 14% so far this year. Silver is used in solar panels and also in general industryIn particular, silver is a key raw material for solar panels. Other than solar panels, silver is also used in electronics, as catalysts in industrial processes, and in car parts.

Persons: Morgan Stanley, Daniela Hathorn, Hathorn, Silver, overcapacity Organizations: Service, Business, Bloomberg, East, Global, Silver Institute Locations: China, West, Europe, Beijing

☆ OpenAI former safety leader Jan Leike joins rival AI startup Anthropic
▼ + stars: | 2024-05-28 | by ( Todd Haselton | ) www.cnbc.com time to read: +2 min

Jan Leike, one of the lead safety researchers at OpenAI who resigned from the artificial intelligence company earlier this month, said on Tuesday that he's joined rival AI startup Anthropic. Leike announced his resignation from OpenAI on May 15, days before the company dissolved the superalignment group that he co-led. "I'm excited to join @AnthropicAI to continue the superalignment mission," Leike wrote on X. AI safety has gained rapid importance across the tech sector since OpenAI introduced ChatGPT in late 2022, ushering in a boom in generative AI products and investments. The committee will recommend "safety and security decisions for OpenAI projects and operations" to the company's board.

Persons: Jan Leike, he's, Leike, OpenAI, Ilya Sutskever, @AnthropicAI, Sam Altman, Dario Amodei, Daniela Amodei, Claude Organizations: OpenAI, Amazon, Microsoft, Google Locations: OpenAI

☆ Israel-Hamas War and Gaza News: Latest Updates
▼ + stars: | 2024-05-23 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +4 min

Family members first saw the footage a few weeks ago via the Israeli military, which formally handed them a copy on Tuesday night, according to the Hostages and Missing Families Forum, which represents families of hostages held captive in Gaza. But hopes for immediate progress appeared remote in the shadow of Israel’s ongoing military operation in Rafah, in southern Gaza, from which over 800,000 Palestinians have fled, according to the United Nations. Image A still image from a video released by the Israeli military showing Israeli soldiers, all young women, during their abduction amid the Hamas-led attack on Oct. 7. Credit... Israeli forces operating in northern Gaza retrieved the bodies of four Israelis abducted on Oct. 7, heightening fears for the remaining captives. “The video is a damning testament to the nation’s failure to bring home the hostages, who have been forsaken for 229 days,” the Hostages and Missing Families Forum said in a statement.

Persons: “ I’m, ” Eli Albag, Liri, they’ve, ”, Benjamin Netanyahu’s, “, Israel Katz, Nahal Oz, heightening, Naama Levy, Agam Berger, Liri Albag, Karina Ariev, Daniela Gilboa, Yoav Gallant, Benny Gantz, Gantz, Yair Lapid, Dmitriy Khavin, Alexander Cardia, Riley Mellen Organizations: Israel’s, United Nations, Families, Reuters, The New York Times Locations: Gaza, “, Rafah, Ireland, Norway, Spain, Palestinian, Nahal, Palestine, Israel

☆ Families of female Israeli hostages release graphic abduction footage to pile pressure on Netanyahu
▼ + stars: | 2024-05-22 | by ( Rob Picheta | ) edition.cnn.com time to read: +5 min

CNN —Families of seven female Israeli soldiers captured by Hamas during the October 7 attacks have released graphic footage of their abduction as they pile pressure on the government of Prime Minister Benjamin Netanyahu to secure their release. The video shows the women — all Israel Defense Forces (IDF) personnel — lined up against a wall, their hands bound. The footage was previously released by Hamas, according to the Hostages Families Forum. The campaigning group obtained it from the IDF, which had previously edited the video to exclude the most disturbing scenes. Efforts to reach a deal that would pause the war in Gaza and allow the release of hostages have repeatedly been dashed.

Persons: Benjamin Netanyahu, Israel’s, Netanyahu, ” Netanyahu, ”, Israel, “, Benny Gantz, Gantz, Megidish, Noa Marciano, Albag, Karina Ariev, Agam Berger, Daniela Gilboa, Naama Levy —, Naama Levy, ” Ayelet Levy Shachar Organizations: CNN, Israel Defense Forces, Hostages, Hostage, Israel’s Nahal, Palestinian Ministry of Health, Hamas, Families, IDF, “ Locations: Gaza, Israel, The State, Cairo

☆ Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
▼ + stars: | 2024-05-15 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Instagram co-founder Mike Krieger will join artificial intelligence firm Anthropic as chief product officer, the company announced Wednesday. He and Instagram's other co-founder, Kevin Systrom, most recently built the personalized news app Artifact and sold it to Yahoo. Around this time last year, Anthropic had only rolled out the first version of its chatbot without any consumer access or major fanfare. News of Krieger's hiring follows Anthropic's debut of its first enterprise offering and iOS app earlier this month. And in March, Anthropic announced Claude 3, a suite of AI models that it says are its fastest and most powerful yet.

Persons: Instagram, Mike Krieger, Anthropic, Krieger, Kevin Systrom, OpenAI's, Claude, Mike, Daniela Amodei, It's, it's Organizations: Meta, Yahoo, Google, CNBC

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