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In February, the United States did something that it had not done in many years — the country sent more electricity to Canada than it received from its northern neighbor. Then, in March, U.S. electricity exports to Canada climbed even more, reaching their highest level since at least 2010. The increasing flow of power north is part of a worrying trend for North America: Demand for energy is growing robustly everywhere, but the supply of power — in Canada’s case from giant hydroelectric dams — and the ability to get the energy to where it’s needed are increasingly under strain. Many energy experts say Canadian hydroelectric plants, which have had to reduce electricity production because of a recent drop in rain and snow, will eventually bounce back. “We’ve all got to be humble in the face of more extreme weather,” said Chris O’Riley, president and chief executive of the British Columbia Hydro and Power Authority, which operates hydroelectric dams in western Canada.
Persons: , Chris O’Riley, Organizations: North America, British Columbia Hydro, Power Authority Locations: United States, Canada, U.S, North
Advanced Micro Devices Inc. unveiled new so-called accelerator chips that it said will be able to run artificial intelligence software faster than rival products. Photographer: David Paul Morris/Bloomberg via Getty ImagesAMD on Monday announced new artificial intelligence chips as it seeks to establish itself as a leader amid competition with the likes of Nvidia and Intel . During a keynote address, Su unveiled the Ryzen AI 300 series for next-generation AI laptops. And in partnership with Microsoft , these chips will power laptops equipped with the tech giant's AI chatbot Copilot. This comes less than two months after AMD's April announcement of new processors that can run AI workloads – the Ryzen Pro 8040 for laptops and the Ryzen Pro 8000 for desktops.
Persons: Lisa Su, David Paul Morris, Su, chatbot, workloads Organizations: Devices Inc, AMD, Bloomberg, Getty, Monday, Nvidia, Intel, Qualcomm, Microsoft Locations: San Jose , California, Taipei
Four days after presumptive GOP nominee Donald Trump was convicted on 34 counts in his hush money trial in New York, President Joe Biden’s son Hunter will be called to answer for federal gun charges in Wilmington, Delaware. But a CBS/YouGov poll released Sunday showed that Americans believe 57% to 43% that the Manhattan jury reached the right verdict. His inflammatory remarks did not reflect the fact that his refusal to accept his 2020 election loss and his demagoguery are far more reflective of developing-world banana republics than a fair jury trial. Hunter Biden is entitled to the same presumption of innocence and a trial by a jury of his peers that Trump was. “I’d rather be on President Biden’s side of that contrast than on the extreme MAGA Republican side,” he said.
Persons: Donald Trump, Joe Biden’s, Hunter, It’s, Trump, Stormy Daniels, Biden, , , “ It’s, We’ve, Lara Trump, CNN’s Kasie, it’s, Adam Schiff, ” Schiff, don’t, ” Biden, Robert Menendez, Hunter Biden, David Weiss, General Merrick Garland, Roe, Wade, Chuck Schumer, “ Donald Trump, ” Schumer, Hakeem Jeffries, ” Jeffries, Jeffries, Biden’s, , Joe Biden, Sen, Tom Cotton, we’ve, quagmire Organizations: CNN, Israel, Republicans, Trump, Republican National Committee, CBS, Manhattan, Republican National Convention, Fox News, RNC, California, Senate, GOP, Justice Department, Democratic, Robert Menendez of New, Democratic National Committee, Texas Supreme, Court, New York, MAGA Republicans, New York Democrat, Press, Democrats, Republican, NBC, Arkansas Republican Locations: New York, Wilmington , Delaware, South, “ State, America, United States, Robert Menendez of, Robert Menendez of New Jersey, Rehoboth Beach , Delaware, Beverly Hills , California, Nevada
Born in Mexico City in 1962, she has two children and one grandchild. In 2018, she became the head of government of Mexico City, the first woman elected to this position. Current and former US officials have frequently described the relationship between President Joe Biden and Mexico’s President Andrés Manuel López Obrador as friendly and professional — and anticipate a productive relationship with Mexico’s next president. But Mexico’s election also comes at a critical time for the Biden administration. One of the considerations in rolling out a new border executive action was doing so after Mexico’s election.
Persons: Claudia Sheinbaum, Andrés Manuel López Obrador, Mitofsky, Sheinbaum, Jesús María Tarriba, López Obrador, Andres Manuel Lopez Obrador, Alfredo Estrella, López, Will Freeman, , ” Freeman, Freeman, Joe Biden, Donald Trump, Mexico’s, Biden, Organizations: CNN, Bank of, Environment, Federal, Mexico City, Getty, Defense, Council, Foreign Relations, Biden Locations: Mexico City, Morena, Bank of Mexico, Andrés, Tlalpan, Mexico, AFP, Sheinbaum
In a region sliding toward authoritarianism one country after another, the small Himalayan nation of Nepal was a shining exception. Political debates remained largely free, and the powerful could easily be questioned. That openness, in a poor country emerging from centuries of monarchical suppression and decades of insurgency, showed that democratic expression need not necessarily be correlated to economic status. The executive, Kailash Sirohiya, was detained nearly two weeks ago in a thinly veiled act of retaliation by Nepal’s powerful home minister, Rabi Lamichhane. The minister had been the subject of intensely negative coverage by the Kantipur Media Group, owned by Mr. Sirohiya.
Persons: Kailash Sirohiya, Rabi Lamichhane, Sirohiya Organizations: Kantipur Media, Mr Locations: Nepal, Pakistan, Bangladesh, India
Even before former President Donald J. Trump was convicted on 34 felony counts of falsifying business records to conceal a sex scandal, a verdict was being delivered on The National Enquirer. The no-holds-barred supermarket tabloid was once famous for publishing salacious stories about celebrities and politicians. “It’s just a tragedy for the paper,” said Barry Levine, the publication’s former executive editor, sitting in the living room of his one-bedroom apartment in Manhattan on a recent morning. Even among those who consider it a guilty pleasure, The Enquirer can hardly be described as a national treasure. But try telling that to Mr. Levine, a swashbuckling journalist who worked there from 1999 until 2016 and whose professional and personal identity was shaped by it.
Persons: Donald J, Trump, “ It’s, , Barry Levine, Levine Organizations: National Enquirer Locations: Manhattan
Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. The US Labor Department releases April figures on job openings, quits, hires and layoffs. The US Commerce Department releases April figures on new orders for manufactured goods. The US Commerce Department releases April data on exports and imports. Friday: The US Labor Department releases May data gauging the state of the job market, including monthly payroll growth, wage gains and the unemployment rate.
Persons: Ross, , ” Adam Orvos, ” TJX, TJ Maxx, LVMH Moët Hennessy Louis Vuitton, ” Clayton Allison, Allison, ” Allison, Brown Forman, Campbell Organizations: CNN Business, Bell, Washington CNN, Companies, Ross Stores, Marshalls, Burberry, Prime Capital Investment Advisors, CNN, Walmart, P Global, Institute for Supply Management, CrowdStrike, Hewlett Packard Enterprise, Body, US Labor Department, US Commerce Department, Bank of Canada, Autodesk, Smucker, DocuSign, Vail Resorts, European Central Bank Locations: Washington, North America, Europe, Australia, Americas, Zumiez
New York CNN —The Washington Post announced on Sunday that it had parted ways with its top editor, Sally Buzbee, in a seismic shakeup executed by new publisher and chief executive William Lewis just months before the high-stakes 2024 presidential election. “Sally is an incredible leader and a supremely talented media executive who will be sorely missed,” Lewis said in a statement. “I wish her all the best going forward.”While Lewis praised Buzbee publicly on Sunday, she oversaw a particularly tumultuous period at the venerable newspaper. The Post said that Matt Murray, former editor in chief of The Wall Street Journal, will immediately replace Buzbee as executive editor. After the November election, Robert Winnett, deputy editor of The Telegraph Media Group, will take on a new role as editor of The Post, overseeing its core news offering.
Persons: Sally Buzbee, William Lewis, “ Sally, ” Lewis, , Lewis, Buzbee, Matt Murray, Murray, Robert Winnett, Donald Trump, Rupert, “ I’m, Sally, ” Murray, Will Organizations: New, New York CNN, Washington Post, Post, Street, The Telegraph Media Group, The, Wall Street Locations: New York
"It never occurred to me until that conversation that I was severely underpaid." She said she didn't think to negotiate her salary when she received the job offer. "The term underpaid shouldn't be used to compare you to a colleague," said Sho Dewan, career expert and founder of Workhap. One option if you suspect you're being underpaid is to request a salary adjustment from your employer. This is where that market research comes in handy, along with highlights from your performance review.
Persons: Kelly Harry, Harry, Maddie Machado, It's, Peter Cappelli, Sho Dewan, there's, Machado, Dewan, Henry, " Machado, you've, Cappelli, doesn't Organizations: CNBC, Finance, Workers, Research Center, The Wharton School, University of Pennsylvania, Human Resources, Pew Research Center Locations: New York City, U.S
A man posing as a pest exterminator tried to gain access to a San Diego hotel that operates as a shelter for migrant families. The next day, a woman showed up claiming to be an immigrant in need of help. Voice mail left for the chief executive called him “scum” and “not really Christian.” A woman left another staff member an expletive-laced message about Catholics. She claimed that the nonprofit was flying migrants all over the country and profiting from an illegal operation. For decades, Catholic Charities and other faith-based organizations have played a crucial role helping federal authorities and local governments manage influxes of migrants.
Persons: , , James O’Keefe, O’Keefe, Donald J, Trump Organizations: Workers, Catholic Charities, Veritas Locations: San Diego
Read previewVisitors to the National Gallery of Australia have surged by 24% since reports first emerged that the country's richest person had tried to get an unflattering portrait of her taken down, the gallery's director has said. The estimates hearing was called to discuss Rinehart's donation of an approved portrait of herself to Australia's National Portrait Gallery. Rinehart is the daughter of iron ore magnate Lang Hancock. AdvertisementOne of the company's main assets is the Roy Hill iron ore mining project. The project is located in Western Australia's Pilbara region and currently delivers "60 million tonnes per annum of iron ore to international markets," according to the official website.
Persons: , Nick Mitzevich, We're, Gina Rinehart, Vincent Namatjira, Barbra Streisand's, Streisand, Jason Reed, Namatjira, Bree Pickering, Rinehart, Pickering, Rinehart . Rinehart, Lang Hancock Organizations: Service, National Gallery of Australia, Business, Sydney Morning Herald, Hancock, National, Australia's, Australian Broadcasting Corporation, Bloomberg Locations: Malibu, Hancock, Western Australia's
The executive editor of The Washington Post, Sally Buzbee, will leave her role, a major and sudden change at one of the nation’s pre-eminent news organizations. Matt Murray, the former editor in chief of The Wall Street Journal, will take her place through the presidential election, the company said on Sunday night. Robert Winnett, a deputy editor of the Telegraph Media Group in Britain, will take over after the election. Mr. Murray will then transition to a new role, the company said in a news release, building a new division of The Washington Post focused on service and social media journalism. At that point, Mr. Winnett, Mr. Murray and David Shipley, who oversees the opinion section at The Post, will each report independently to Will Lewis, the chief executive and publisher.
Persons: Sally Buzbee, Matt Murray, Robert Winnett, Murray, Winnett, David Shipley, Will Lewis Organizations: The Washington Post, Street, Telegraph Media Group Locations: Britain
Mizuho Securities estimates that Nvidia controls between 70% and 95% of the market for AI chips used for training and deploying models like OpenAI's GPT. Nvidia's position in the AI chip market has been described as a moat by some experts. Founded in 2019, D-Matrix plans to release a semiconductor card for servers later this year that aims to reduce the cost and latency of running AI models. "Nobody can deny that today Nvidia is the hardware you want to train and run AI models," Fernando Vidal, co-founder of 3Fourteen Research, told CNBC. "The key is that there are a lot of options there," Su told reporters in December, when her company launched its most recent AI chip.
Persons: Jensen Huang, Huang, Sid Sheth, It's, that's, Fernando Vidal, Lisa Su, Su Organizations: Nvidia Corp, Nvidia, Technology Conference, Microsoft, Apple, Mizuho Securities, Intel, AMD, Bank of America, 3Fourteen, CNBC Locations: San Jose , California
The executive editor of The Washington Post, Sally Buzbee, will step down from her role, according to a person with knowledge of the company’s plans, a major and sudden change at one of the nation’s pre-eminent news organizations. Matt Murray, the former editor in chief of The Wall Street Journal, will take her place, the person said. Ms. Buzbee, 58, steered the newspaper for the last three years, a turbulent period that resulted in award-winning journalism as well as a drop in audience and an exodus of some top talent from the newsroom. A spokeswoman for The Post did not respond to requests for comment. Ms. Buzbee and Mr. Murray also didn’t immediately respond to requests for comment.
Persons: Sally Buzbee, Matt Murray, Buzbee, Murray, didn’t Organizations: The Washington Post, Street
Framery has roughly 400 employees around the world, but its roots in Finland run deep throughout its work culture that promotes worker engagement and satisfaction. Finland, after all, is the happiest country in the world for the seventh year running, according to the latest World Happiness Report. "I can ask any questions I need to ask in order to succeed in my role, or ask questions for the best of the company," Hallila says. Leaders are encouraged to help their employees work with this mindset, Hallila says. "You can work and work and work," she says, "but whether you actually achieve more is questionable."
Persons: Framery, it's, Anni Hallila, Hallila Organizations: " Workers Locations: Finland, Tampere
Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March. Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed "Rubin," ahead of the COMPUTEX tech conference in Taipei. Huang's announcement of Rubin appears to quicken the company's already-accelerated pace of AI chip advancement. Nvidia has pledged to release new AI chip models on a "one-year rhythm," as Huang put it on Sunday. The Rubin chip platform will have new GPUs, the crucial graphic processing technology that helps train and launch AI systems.
Persons: Jensen Huang, Rubin, Blackwell, Huang, Vera Organizations: Nvidia Corp, Nvidia, Technology Conference, Sunday, quicken, AMD, Intel, Companies, Microsoft, Google Locations: San Jose , California, Taipei, we're
London CNN —Soccer icon David Beckham exchanged beekeeping tips with King Charles, he said, when the pair met ahead of the former England captain being named ambassador for The King’s Foundation. Beckham met the King at Highgrove Gardens in the Cotswolds, England, where he also met students of the King’s Foundation, who practice skills such as woodworking and embroidery in specialized workshops on site. In his work with The King’s Foundation, Beckham will be hoping to spread awareness of the charity’s mission. The King’s Foundation was originally called The Prince’s Foundation, and came into existence after a number of Charles’ charitable projects merged into one group in 2018. Beckham visited students at the Snowdon School of Furniture, one of The King's Foundation's specialist workshops.
Persons: David Beckham, King Charles, Beckham, King, ” Beckham, Beckham ”, Charles ’, Courtney Louise, Michael Fawcett, Mahfouz Marei Mubarak bin Mahfouz, Charles, Prince, Wales Organizations: London CNN — Soccer, The King’s Foundation, King’s Foundation, CNN’s Royal, Foundation, Netflix, Snowdon School of Furniture, King's, British Empire, , London’s Metropolitan Police Locations: England, Highgrove, Cotswolds, British
The criminal trial and conviction of (mostly former) national leaders has happened in stable, mature democracies, just as it has in former dictatorships. The track record of convicted leaders shows just how risky it is to try to predict what will happen. In 2017, South Korea impeached and later criminally convicted now-former President Park Geun-hye in a bizarre corruption scandal involving the influence of a friend and confidante. After a scandal emerged involving the state oil company Petrobras, Lula was convicted in 2017 of corruption and money laundering. “Political leaders can choose how they will speak about these institutions.”
Persons: Chris Good, Donald Trump, , Trump, Stormy Daniels, Cristina Fernández de Kirchner, Sebastian Kurz, ” Kurz, Park, , Nicole Bibbins Sedaca, Nicolas Sarkozy, Bertrand Guay, Bibbins Sedaca, Jacques Chirac, ” Bibbins Sedaca, Sarkozy, Moammar Gaddhafi illicitly, Silvio Berlusconi, Yara Nardi, Berlusconi “, , Berlusconi, Matteo Salvini, Giorgia Meloni, Luiz Inacio Lula da Silva, Nelson Almeida, Luiz Inácio Lula da Silva, Lula, Jair Bolsonaro, Oliver Stuenkel, Fundação Getulio Vargas, ” Stuenkel, Politicization, Stuenkel, didn’t, Lula “, Mark Peterson, Ariel Edwards, Levy, Lula —, Chirac, Trump’s Organizations: CNN, ABC News, Economist Intelligence Unit, Freedom House, Getty, Freedom, Reuters, Forza Italia, Five Star, AFP, Brazil, Petrobras, Bolsonaro, School of International Relations, Fundação, NEW, Manhattan Criminal, Trump, Twitter, Facebook Locations: The, Manhattan, Argentina, Austrian, South Korea, Washington, DC, France, Italy, Brazil, Paris, AFP, Moroccan, Milan, Trump, America, São Paulo
Read previewTesla is setting the stage for a battle between some vocal institutional investors and some of Elon Musk's biggest supporters. The executive pay plan, which was first approved in 2018, is centered on a series of goalposts around Tesla's financial growth. AdvertisementMeanwhile, Tesla has argued that the pay package is both fair and necessary to maintain Musk's focus on the car company. AdvertisementThe Tesla CEO has also promoted the proposal and criticized institutional investors who have spoken out against the pay plan. Ahead of the June 13 shareholder meeting, shareholders will be asked to vote on several other proposals in addition to Musk's pay package.
Persons: , Elon Musk's, Musk, Tesla, Leo Koguan, Bloomberg —, Adam Jonas, Morgan Stanley's, Morgan Stanley, Anat Alon, Beck, Alon, I'd, they'd, Kimbal Musk, Murdoch Organizations: Service, Business, Securities and Exchange Commission, P Global Market Intelligence, Reuters, Bloomberg, Case Western Reserve University, Texas Locations: Elon, Delaware, Texas
It is faster, and more valuable, to ask what information the other person needs, instead of trying to guess. When debating our reporting at the CIA, we always solicited disagreements because they made the our overall argument more robust. 'I don't know, but I will find out and come back to you'This is one of the most powerful and underutilized sentences you can use in stressful environments. Instead, we said, "I don't know, but I will find out and come back to you." It's the ultimate sign of humility and thoughtfulness when you can confidently say what you don't know.
Persons: Rupal Patel, I've, John McCain, , isn't, it's, Rupal, Patel Organizations: CIA, Star, Columbia University, University of Chicago, London Business School, Residence Locations: United States
CNN —Former President Donald Trump has joined TikTok, the fast-growing social media platform with ties to China that Trump has publicly embraced even though he railed against it as president. “The president is now on TikTok,” White said at the start of the video. But Trump now says he opposes a nationwide TikTok ban, adding that such a policy would only alienate young Americans and benefit Meta. The Biden campaign, for its part, also has a presence on TikTok and has continued to post on the platform even as the Biden administration has supported a nationwide TikTok ban. TikTok has filed a legal challenge to the law Biden signed in April that would ban the app unless it finds a new owner.
Persons: Donald Trump, Trump, Dana White, , , ” White, Taylor Budowich, “ MAGA, Joe Biden, Trump’s, Biden, TikTok, Organizations: CNN, UFC, MAGA Inc, “ MAGA INC, Facebook, New Locations: China, Newark , New Jersey, Trump’s America, United States, New York
So he did just that, working slightly fewer hours but maintaining a strong balance between work, family, and hobbies. It's all part of his "life happiness index" that drives his financial and life decisions. Some wanted to resume their past jobs, while others looked to lower-stress roles like nonprofit or charity work. He keeps track of a "life happiness index," which he said is highest when he balances his work with family and hobbies. When considering his "final" retirement, he said he plans to work as long as he enjoys it.
Persons: Jace Mattinson, Mattinson, , wasn't, He's, I've, he's Organizations: Service, Business, Dallas, Brigham Young University Locations: PwC, Dallas, Austin, Texas, Oklahoma
When Sundar Pichai, Google’s chief executive, introduced a generative artificial intelligence feature for the company’s search engine last month, he and his colleagues demonstrated the new capability with six text-based queries that the public could try out. The questions included “how do you clean a fabric sofa” and “what should I use to get a coffee stain out of my carpet.” These were intended to highlight how Google’s new feature, A.I. Overviews, could generate full and useful information summaries above traditional search results. But by Friday, only one of the six queries still yielded an A.I. Users loudly complained on social media about the mistakes, in many cases outright making fun of Google.
Persons: Sundar Pichai Organizations: The New York Times, Care, Google
With scientists predicting yet another active year for storms, making your home hurricane resistant has become a more valuable precaution. "Already, we are seeing storms move across the country that can bring additional hazards like tornadoes, flooding and hail," he said. A separate forecast from hurricane researchers at Colorado State University predicts an "extremely active" hurricane season in 2024 due to record-warm tropical and eastern subtropical Atlantic sea surface temperatures. If installing new hurricane windows isn't in the budget, shutters are lower-cost options to protect windows and other openings, said Chapman-Henderson. Talk to your insurer about possible discounts Strengthening your home against disasters may help lower your insurance cost.
Persons: Irma, Warren Faidley, Alicia Silverstone, Erik A, Hooks, Phil Klotzbach, Klotzbach, Jeff Ostrowski, Leslie Chapman, Henderson, Jennifer Languell, Chapman, Kin, Melissa Cohn, William Raveis, Bankrate's Ostrowski, Ostrowski, Loretta Worters, Worters, Languell Organizations: Getty, Atmospheric Administration, NOAA, Finance, Federal Emergency Management Agency, Hurricanes, Colorado State University, Department of Atmospheric, Fluid Dynamics, Climate, Energy Solutions, Swiss, Massachusetts Institute of Technology, Federal Alliance, Safe, Safe Homes, Department of Energy, Trifecta, William Raveis Mortgage, Insurance, Institute, Homeowners Locations: Miami , Florida, U.S, windstorms, Florida, In Florida, Alabama, Louisiana, dsireusa.org
The president of McDonald’s USA, Joe Erlinger, pushed back on “inaccurate” reports this week that said the chain had more than doubled its prices on some items over the last decade. But his retort wasn’t exactly reassuring: The average price of a Big Mac is up 21 percent from 2019. Erlinger’s rebuttal underlines the heat that some companies are facing as the news media, politicians and consumers focus on steadily rising prices. Whether persistent price increases reflect price gouging, or simply companies’ own rising costs, is a matter of fierce debate. Either way, one thing is clear: Consumers are becoming fed up.
Persons: Joe Erlinger, McDonald’s, Chris Kempczinski Organizations: McDonald’s, Starbucks, Target, Yum Brands, KFC, Consumer Locations: McDonald’s USA, Pizza
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