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☆ A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.
▼ + stars: | 2024-05-01 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +8 min

Fewer construction workers means less — and slower — residential construction, which in turn leads to higher home prices, according to a 2023 report from researchers at the University of Utah and the University of Wisconsin-Madison. Builders and infrastructure projects are in desperate need of all kinds of construction workers, but especially skilled tradespeople. Simonson said that allowing more immigrants into the country to fill construction jobs is crucial. Making the industry more appealing to womenBoushey pointed out that the share of women in the overall construction industry has climbed. The construction industry is also at a disadvantage because most workers can't do manual labor until they retire.

Persons: —, Ken Simonson, Kit Dickinson, Dickinson, Ben Brubeck, Maja Rosenquist, Mortenson, we've, Simonson, Brubeck, Rosenquist, Joe Biden, Franklin D, Roosevelt, Heather Boushey, Biden, Boushey, she's Organizations: Service, Associated Builders and Contractors, Business, Associated, Contractors of America, University of Utah, University of Wisconsin - Madison, ADP, —, Builders, Infrastructure Investment, Jobs, Economic Advisers Locations: president's, America

☆ OpenAI announces 'improvements' to its governance structure nearly 5 months after Sam Altman's ouster
▼ + stars: | 2024-03-09 | by ( Erin Snodgrass | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

OpenAI announced Friday that it was adding three women to its board of directors. CEO Sam Altman is also rejoining the board nearly five months after he was abruptly forced out. The company has pledged to improve its governing structure in the aftermath of the ouster and reinstatement. A Thursday report from The New York Times suggested OpenAI chief technology officer Mira Murati raised concerns about Altman's leadership with board members prior to his removal. The three women join current OpenAI board members Adam D'Angelo, Larry Summers, and Bret Taylor, as well as Altman.

Persons: OpenAI, Sam Altman, —, Altman, Mira Murati, Murati, James, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidij Simo, Desmond, Seligman, Simo, Adam D'Angelo, Larry Summers, Bret Taylor Organizations: Service, The New York Times, OpenAI, University of California, Times, Melinda Gates Foundation, Global, Sony, Pfizer, Advisors, Science, Technology, Paramount Global, Meira, Inc Locations: Los Angeles, President's, Shopify

☆ Sam Altman rejoins OpenAI board of directors as investigation into his ouster comes to a close
▼ + stars: | 2024-03-08 | by ( Hayden Field | ) www.cnbc.com time to read: +7 min

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman's ouster. Sam Altman will also rejoin OpenAI's board. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of OpenAI's board, said in a release. Since then, OpenAI has announced new board members, including former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers.

Persons: Sam Altman, OpenAI, WilmerHale, Sam Altman's, OpenAI's, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Adam D'Angelo, Larry Summers, Bret Taylor, Greg, Sam, Taylor, Altman, Bret, Larry, Mira Murati, Mira, Helen Toner, Tasha McCauley, Ilya Sutskever, Ilya, Elon Musk, Greg Brockman, Musk, –, Toner, McCauley, Altman's Organizations: Economic, Friday, Melinda Gates Foundation, Pfizer, Advisors, Science, Technology, Global, Sony, Sony Entertainment, Paramount Global, Meira, Inc, Shopify, OpenAI, Microsoft, Fortune, Lawyers, CNBC, SpaceX, Nvidia Locations: Davos, Switzerland, President's, OpenAI's San Francisco, U.S, Saudi Aramco

WASHINGTON (AP) — More than a dozen sports leagues and players associations, from the NFL to the PGA Tour, have promised the White House that they will provide more opportunities for people to be physically active and learn about nutrition and adopting healthy lifestyles. The White House announced Thursday that the leagues and associations are participating in the White House Challenge to End Hunger and Build Healthy Communities. The challenge was launched last year as a follow-up to the 2022 White House Conference on Hunger, Nutrition, and Health. The challenge calls on parties with a stake in the outcome to make “bold commitments” toward meeting the goal, according to the White House. The NHL, MLB, MLS, WSL and other sports leagues have made similar commitments, he said.

Persons: Joe Biden, Doug Emhoff, Kamala Harris, Biden, Jose Andres, Elena Delle Donne, Emhoff, he'll Organizations: WASHINGTON, NFL, PGA Tour, White, Communities, Conference, Hunger, Nutrition, Health, President's Council, Sports, & Nutrition, Washington Mystics, NBA, WNBA, NHL, MLB, MLS Locations: United States, Indianapolis

☆ Harvard academic says school needs to stop subscribing to 'the extreme left of the political map'
▼ + stars: | 2024-01-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Harvard astrophysicist Avi Loeb weighed in on discussions over the path forward for the university. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHarvard astrophysicist Avi Loeb has a few ideas on how Harvard should move forward following Claudine Gay's resignation as president . One of those: Stop subscribing to "the extreme left of the political map."

Persons: Avi Loeb, Claudine Gay, —, Claudine Gay's, Loeb, Loeb — who's, He's, Harvard, Alan Garber Organizations: Service, Harvard, Ivy League, University, D.C, Galileo, US President's, Advisors, Science, Technology, Physics, National Academies, Harvard Corporation, Gay Locations: Washington

☆ Biden to warn 'MAGA movement,' Trump threaten US democracy in Arizona
▼ + stars: | 2023-09-28 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +3 min

Biden's remarks in Phoenix, Arizona, will also honor the legacy of the late Arizona Republican Senator John McCain, the 2008 Republican presidential nominee who died in 2018. Biden will warn "there is something dangerous happening in America," according to prepared remarks of his speech. Biden will say he doesn't think all Republicans ascribe to the 'MAGA' agenda, a reference to Trump's Make America Great Again slogan. He has stepped up his warnings about the potential threat to democracy posed by Trump as exemplified by the Jan. 6, 2021, attack on the U.S. Capitol. The White House official said Biden's remarks in Tempe, Arizona, near Phoenix, will be the fourth in a series of speeches about the threat to democracy.

Persons: Joe Biden, Evelyn Hockstein, Republican Donald Trump, Biden's, John McCain, Biden, McCain, MAGA, Donald Trump, Trump, Ron DeSantis, Chris Christie, Donald Duck, Jeff Mason, Steve Holland, Michael Perry, Heather Timmons, Nick Zieminski Organizations: President's, Advisors, Science, Technology, REUTERS, Rights, Republican, Arizona Republican, Republican Party, Representatives, U.S . Capitol, MAGA Republicans, Trump, Staff, Department of Justice, White House, McCain, McCain Institute, Arizona State University, Florida, New, Thomson Locations: San Francisco , California, U.S, United States, Phoenix , Arizona, Arizona, America, San Francisco, Tempe , Arizona, Phoenix, California, cacophony, New Jersey, Detroit, autoworkers

U.S. President Joe Biden speaks during a meeting with the President's Council of Advisors on Science and Technology (PCAST) in San Francisco, California, U.S., September 27, 2023. Separately, they also allege the Justice Department interfered with a tax investigation of Hunter Biden. House Republicans have said they plan to seek personal and business bank records for Hunter Biden and James Biden, the president's brother. A prolonged shutdown could slow the impeachment inquiry as fewer administration officials would be available to respond to information requests. White House spokesman Ian Sams said House Republicans were prioritizing "conspiracy theories" over keeping the government open.

Persons: Joe Biden, Evelyn Hockstein, Hunter Biden, James Comer, Biden, Barack Obama's, Republican Donald Trump, Burisma, Petro Poroshenko, James Biden, Hunter, Joe Biden's, Ian Sams, Trump, Makini Brice, Andy Sullivan, Alistair Bell Organizations: President's, Advisors, Science, Technology, REUTERS, Rights, Republican, House, Democratic, U.S . Justice Department, Republicans, Senate, Fox News Channel, Former, Thomson Locations: San Francisco , California, U.S, Ukraine, Delaware

WASHINGTON (AP) — President Joe Biden will travel to Arizona next week to deliver a democracy-focused address that will also pay tribute to the late John McCain, the 2008 Republican presidential candidate who represented the state in the U.S. Senate for more than three decades. Biden's speech, which is scheduled for Sept. 28 and expected in the Phoenix area, will focus on “the work we must do together to strengthen our democracy,” the White House said Thursday. The remarks will also honor the legacy of McCain, whose memorial in Hanoi Biden visited earlier this month during his trip to India and Vietnam. Though his speech in Arizona is billed as an official White House event, the issue of preserving democracy is expected to be a key theme in his reelection campaign. He will headline three fundraisers in California and one in Arizona during his trip, according to the White House.

Persons: Joe Biden, John McCain, McCain, “, Biden, Donald Trump, ” Biden, Kevin Munoz Organizations: WASHINGTON, Republican, U.S . Senate, Hanoi Biden, Independence Hall, Union, MAGA Republicans, Advisors, Science, Technology Locations: Arizona, U.S, Phoenix, Hanoi, India, Vietnam, Philadelphia, Washington, San Francisco, president's, California

☆ Biden advisor defends stimulus and inflation surge: 'The real cause was the global pandemic'
▼ + stars: | 2023-07-10 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

watch nowThe Covid-19 pandemic, rather than Joe Biden's economic policies and stimulus packages, is the "real cause" of high inflation, according to a member of the U.S. President's Council of Economic Advisers. "Had we done that, and the United States' inflation spiked higher than anyone else, well, maybe you could make the case that it was about that policy," Boushey added. "But the reality is, is that that isn't what happened — yes, the United States had inflation, but so did other countries that did not have the same policies." "So the inflation, the real cause was the global pandemic, and that is about the resiliency of our global supply chains." Expanding on her point, Boushey said this was why the U.S. was "making the investments that we need to make."

Persons: Joe Biden's, Heather Boushey, Charlotte Reed, Boushey Organizations: President's, Economic Advisers, American, Congress Locations: Aix, Provence, France, Jan, United States

☆ Harvard astrophysicist says he may have found alien tech from a meteor that crashed in the Pacific in 2014
▼ + stars: | 2023-07-08 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Harvard astrophysicist Avi Loeb believes that he may have found alien technology. His team found 10 tiny spheres from a meteor that landed off the coast of Papua New Guinea in 2014. The US Space Command said it was "99.999%" certain that the fragments came from another solar system, per CBS. "They will exit the solar system in 10,000 years — just imagine them colliding with another planet far away a billion years from now," he said. "It will take us tens of thousands of years to exit our solar system with our current spacecraft to another star," the astrophysicist added.

Persons: Avi Loeb, Loeb, Harvard, He's Organizations: CBS, Service, CBS News Boston, Star, US Space Command, NASA Voyager, Advisors, Science, Technology, Galileo Locations: Papua New Guinea, Wall, Silicon, President's

☆ Twitter is starting to look a lot like Fox News
▼ + stars: | 2023-05-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Elon Musk's Twitter is starting to morph into a version of Fox News. Earlier this month, Tucker Carlson announced he would relaunch his show on the platform. Twitter is starting to look a lot like a certain conservative cable giant. Earlier this month, disgraced former Fox News host Tucker Carlson announced he'd be bringing his show to Twitter. Ron DeSantis would be announcing his presidential campaign on Twitter in a conversation with Musk.

☆ Factbox: Linda Yaccarino: the advertising executive Musk picked as new Twitter CEO
▼ + stars: | 2023-05-12 | by ( ) www.reuters.com time to read: +2 min

May 12 (Reuters) - Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new CEO, as the company tries to reverse a plunge in ad revenue at the social media platform. Yaccarino has been a key figure in modernizing the advertising business at NBCUniversal, which is owned by Comcast Corp (CMCSA.O). NEARLY 20 YEARS AT TURNER ENTERTAINMENTBefore NBCU, Yaccarino was at Turner Entertainment for about two decades in the roles of chief operating officer and executive vice president across its advertising sales, marketing and acquisitions divisions. Turner Entertainment operates CNN and is owned by Warner Bros Discovery (WBD.O). INTERVIEW WITH MUSKYaccarino interviewed Musk at an advertising conference in Miami last month, where she lauded his work ethic.

☆ Biden says it remains to be seen whether AI is dangerous
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, April 4 (Reuters) - U.S. President Joe Biden on Tuesday said it remains to be seen whether artificial intelligence is dangerous, but he underscored that technology companies have a responsibility to ensure their products are safe before making them public. Biden told his science and technology advisers that AI could help in addressing disease and climate change, but it was also important to deal with potential risks. “Tech companies have a responsibility to make sure their products are safe before making them public,” he said at the start of a meeting of the President's Council of Advisors on Science and Technology at the White House. When asked if AI was dangerous, he said, “It remains to be seen. Could be.”Reporting by Jeff Mason; writing by Andrea Shalal; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Biden to discuss risks of AI in Tuesday meeting with science advisers
▼ + stars: | 2023-04-04 | by ( Jeff Mason | ) www.reuters.com time to read: +2 min

WASHINGTON, April 4 (Reuters) - U.S. President Joe Biden will discuss the "risks and opportunities" that artificial intelligence poses for people, society and national security during a meeting with science and technology advisers at the White House on Tuesday, an official said. "The president will discuss the importance of protecting rights and safety to ensure responsible innovation and appropriate safeguards," a White House official said in a statement ahead of Biden's meeting. Artificial intelligence or AI is becoming a hot topic for policy makers. Senator Chris Murphy has urged society to pause as it considers the ramifications of AI. Last year the Biden administration released a blueprint "Bill of Rights" to help ensure users' rights are protected as technology companies design and develop AI systems.

☆ Trump's plan to build 10 new American cites is a right-wing dream of 'trad havens for beautiful families,' the internet's favorite architecture critic says
▼ + stars: | 2023-03-23 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

Architecture critic Kate Wagner says Trump's plan to build "freedom cities" is nothing new. There's a whole eco-system of classical architecture proponents on Twitter with Roman statues as their avatars who decry modernism. The order made classical architecture — think columns, marble, symmetry — the preferred style for federal buildings. Wagner says Trump's embrace of classical architecture echoes the right-wing war on modernism that began in the 1980s. "For some reason, there also emerged alongside of those advocates a group of people who started to make statements that people neurologically prefer classical architecture."

☆ White House economist Jared Bernstein discusses easing inflation pressures on labor market
▼ + stars: | 2022-10-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhite House economist Jared Bernstein discusses easing inflation pressures on labor marketWhite House Economist and Member of the President's Council of Economic Advisers, Jared Bernstein, joins 'Squawk Box' to discuss easing inflationary pressures while maintaining the strength of the labor market, government spending, and voters policy concerns aligning with the Inflation Reduction Act.

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