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The first-of-its-kind law is poised to reshape how firms and other organizations in Europe use AI for everything from health care decisions to policing. For Meta’s (META) AI chief, Yann LeCun, “the big question” about the new law is “should research and development in AI be regulated?”“There are clauses in the EU AI act and various other places that do regulate research and development. I don’t think it’s a good idea,” he told CNN’s Anna Stewart at the Paris event. LeCun, widely known as one of the “godfathers of AI,” disagrees with concerns that AI could soon surpass human intelligence. “We need to make sure that innovation continues to happen and that the innovation doesn’t just come outside Europe.
Persons: Yann LeCun, , CNN’s Anna Stewart, , Werner Vogels, Stewart, Vogels, “ Let’s Organizations: London CNN, Meta, CNN, EU, overregulating Locations: Paris, Europe, EU, underinvesting
How the super rich party at the Monaco Grand Prix
  + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com   time to read: +8 min
British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.
Persons: , Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi
Opinion | Trump’s Taste for Tyranny Finds a Target
  + stars: | 2024-05-24 | by ( Jamelle Bouie | ) www.nytimes.com   time to read: 1 min
Among the worst episodes in American history are those moments when the federal government deploys the full weight of its power against the most vulnerable people in the country: the Trail of Tears and the Fugitive Slave Act in the 19th century and Japanese internment in the middle of the 20th, to name three. If he is granted a second term in the White House, Donald Trump hopes to add his own entry to this ignominious book of national shame. Trump’s signature promise, during the 2016 presidential election, was that he would build a wall on the U.S. border with Mexico. His signature promise, this time around, is that he’ll use his power as president to deport as many as 20 million people from the United States. “Following the Eisenhower model,” he told a crowd in Iowa last September, “we will carry out the largest domestic deportation operation in American history.”
Persons: Donald Trump, Eisenhower, , Locations: U.S, Mexico, United States, Iowa
CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company. On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland. Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family. Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.
Persons: Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, , Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens Organizations: CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department Locations: Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN —We can’t be 100% sure that an obscure lending company just tried to steal Graceland. Her lawsuit says that the documents Naussany presented, including a 2018 notarized promissory note signed by Lisa Marie Presley, were forged. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that no, they’d never notarized Lisa Marie Presley’s signature. (“Not acquire to proceed?”)It added: “There was no harm meant on Ms. Keough for her mothers LMP mis habits and mis managing of money.”(LMP, presumably, is Lisa Marie Presley.
Persons: CNN Business ’, Elvis Presley’s, , Lisa Marie Presley, she’d, Naussany, Graceland, Riley Keough, Elvis’s, Keough, Mad Max Fury, Daisy Jones, , Naussany’s, Lisa Marie Presley’s, JoeDae Jenkins, Jenkins, ” Jenkins, Keough’s Organizations: CNN Business, New York CNN, Naussany, CNN, Naussany Investments Locations: New York, Tennessee, Graceland, Memphis, America, Shelby County, Naussany, Kimberling City , Missouri, Missouri
Aerial view of Eleven Mile Solar in Coolidge, Az. Put simply, large financial institutions provide part of the financing for a renewable energy project, in exchange for the project's tax credits. Smaller developers don't always have the means to enter into these partnerships, and the appetite from large financial institutions to take stakes in renewable energy projects is limited. That's "[s]till far short of what is needed in the post-IRA clean energy investment landscape," the investment bank Evercore ISI noted. Aerial view of Eleven Mile Solar in Coolidge, Az.
Persons: Az, Van Applegate, Orsted, Biden, , Applegate Organizations: JPMorgan, U.S, Orsted's, IRA, American Council, Renewable Energy Locations: Coolidge, U.S, Coolidge , Arizona, Mineral , Texas, Nextracker
In calling a general election, Prime Minister Rishi Sunak of Britain cast himself this week as a leader with a clear plan. That did not include carrying an umbrella during his remarks in front of 10 Downing Street, where Mr. Sunak was drenched in a spring shower that yielded a flood of snarky headlines. “Drowning Street,” said the tabloid City A.M. “Drown & out,” cried The Daily Mirror. Mr. Sunak signaled that his government’s signature political project — putting asylum seekers on one-way flights to Rwanda — would not be set in motion before voters went to the polls on July 4. Speaking to the BBC, Mr. Sunak cited the Rwanda policy to draw a sharp contrast with the opposition Labour Party, which he accused of having no plan to stop asylum seekers who make hazardous crossings of the English Channel in small boats.
Persons: Rishi Sunak, Sunak, , , Rwanda — Organizations: Downing, Daily Telegraph, BBC, Labour Party Locations: Rwanda
Why OpenAI should fear a Scarlett Johansson lawsuit
  + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com   time to read: +11 min
“It doesn’t matter if OpenAI used any of Scarlett Johansson’s actual voice samples,” Li posted on Threads. Here, Johansson could accuse OpenAI of illegally monetizing who she is by essentially fooling users into thinking she had voiced Sky. But there’s substantial case law — and one very inconvenient fact for OpenAI — undercutting that defense, legal experts say. According to Johansson, OpenAI approached her to perform as Sky; Johansson declined. While California’s publicity law protects all individuals, some state statutes only protect famous people, and not all states have such legislation on the books.
Persons: Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, OpenAI didn’t, demoed, Tiffany Li, Scarlett Johansson’s, ” Li, monetizing, John Bergmayer, , , , Bette Midler, Midler, Tom Waits, Waits, , James Grimmelmann, Scarlett Johansson ”, Altman, Sky’s, Johansson ”, Samantha, , ” Grimmelmann, Joel Saget, ” Bergmayer, Dana Rao, Adobe’s, we’re, Jennifer Rothman, ” Rothman Organizations: Washington CNN, University of San, Public, Ford Motor Company, Appeals, Circuit, Frito, Cornell University, Getty, Adobe, FAIR, University of Pennsylvania Locations: University of San Francisco, California, Midler’s, Paris, AFP
Designed and engineered in collaboration with the Italian race car manufacturer Dallara, it’s low and wide with an enormous rear wing and a large vertical rudder. For the commission, which marks the 20th BMW Art Car, Mehretu chose to adapt one of her most famous works: The painting “Everywhen,” which is now in the collection of the Museum of Modern Art in New York City. The first woman to take on a BMW Art Car was South African artist Esther Mahlangu, who in 1991 painted a 525i sedan. In 1996, Holzer covered a BMW Le Mans race car in the words “Protect Me From What I Want,” among other provocative phrases. Esther Mahlangu's 'Art Car' featured the bold colors and geometric patterns used in the traditional arts and crafts of the Southern Ndebele people.
Persons: Andy Warhol, Jeff Koons, Jenny Holzer, Robert Rauschenberg, Julie Mehretu, Mehretu, ” Mehretu, André, Alexander Calder, Hervé Poulain, Poulain, Calder, Roy Lichtenstein, Warhol, Esther Mahlangu, Holzer, Esther Mahlangu's, Enes, Goldman Sachs, , Marian Goodman, I've, ” Julian Kroehl, BMW Mehretu, Madeleine Grynsztejn, , Julie, ” Grynsztejn Organizations: CNN, BMW, Pompidou Center, Le, Dallara, Museum of Modern Art, BMW “, CSL, BMW Le, Daytona, Fine Arts, Rhode Island School of Design, MacArthur, US Department of State, of, Pritzker, Museum of Contemporary Art Chicago Locations: Ethiopian American, Paris, New York City, American, African, Southern, Manhattan, Addis Ababa, Ethiopia, United States, New York
We have two dogs, and we love buying Kirkland Signature dental chews for them. AdvertisementMy husband and I both work from home full-time and Costco has been one of our favorite stores since we became members in 2018. Technically, we're DINKWADs (double income, no kids, with a dog), except we have two dogs. And, according to data analyzed by Business Insider, we're among the upper-class households in our state — the income threshold to be in that category is $192,692. This story is available exclusively to Business Insider subscribers.
Persons: , we're DINKWADs Organizations: Costco, Kirkland, Service, Business Locations: New Jersey
New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.
Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In August 2017, a Trump Tower event meant to provide updates about Trump's infrastructure plan became dominated by his response to the violence in Charlottesville. And in February 2018, Trump's infrastructure proposal took a back seat amid accusations of misconduct by two close aides. But after the election, Trump invited a broad array of tech leaders to Trump Tower and expressed a desire to work with them on innovation. In 2020, several tech leaders — including Cook — were critical of Trump's visa restrictions that would impact highly-skilled foreign workers in the industry.
Persons: , Donald Trump, Hillary Clinton, Trump, Steve Mnuchin, Goldman Sachs, Gary Cohn, Wilbur Ross, Trump's, Elon Musk, Heather Heyer, Andrew Harnik, I've, Kenneth Frazier, Kevin Plank, 3M's Inge Thulin, Brian Krzanich, , Jim Comey, we've, Senate — Trump, Joe Biden, Tim Cook, Manuel Balce Ceneta, he'd, Jeff Bezos, Biden, Cook, Cook — Organizations: Service, White, National Economic Council, Business, Democrats, GOP, Tesla, AP, Merck, American Manufacturing Council, Policy, Trump, House, Republicans, Senate, Amtrak, Apple, Twitter, Democratic Locations: United States, Charlottesville, Va, weren't, Paris
We recently got an in-depth look at how mattresses were made on a tour of the 3Z Brands factory in Glendale, Arizona. With the extra capacity, 3Z Brands also makes mattresses for other companies, including Nectar, GhostBed, Allswell, and Nest Bedding. Here's a detailed account of our tour of the 3Z Brands factory and a look into how mattresses are made, from sewing to packaging. AdvertisementConstructing the pocket coilsThe pocket springs found in hybrid mattresses arrive at the factory in huge coils. AdvertisementAssembling the mattressOnce the foam, pocket springs, and mattress covers are ready, it's time to assemble all the components together.
Persons: Brands, James Brains, 3Z, Jaclyn Turner, John Merwin, serging, Jaclyn, Stephen Light Organizations: Business, 3Z Brands, 3Z Locations: Glendale , Arizona, Brooklyn
With that in mind, we've rounded up the best Brooklyn Bedding Memorial Day deals to help you shop a little easier. The discounts include Insider Reviews favorites like the Plank Mattress and the Aurora Luxe Mattress. Below are some of our favorite products on sale during Brooklyn Bedding's Memorial Day event. For even more of the holiday's savings, check out our roundups of the best Memorial Day sales, the best Memorial Day mattress sales, and the best Memorial Day furniture sales..Brooklyn Bedding Memorial Day dealsBrooklyn Bedding Plank Firm Luxe $1,149.00 $1,532.00 Save 25% Firm mattresses can sometimes be the best option for sleepers with back pain. Shop at Brooklyn BeddingBrowse the best Memorial Day mattress deals here.
Organizations: Business, Brooklyn Locations: Brooklyn
She knew it had been picked up after her grandmother’s death when the family was going through her belongings, 15 years ago. A bunch of photographs of everybody in the family and all the things that were really special to her.” Bashaw told CNN. “In those photos, there were very good, prominent photos of the family heirloom that I was looking for. Misty Bashaw, Celia's mother, had been looking for the missing heirloom made by her "favorite" uncle Chuck Perkins. Top: April Perkins, Celia's grandmother (left), and Misty Bashaw, Celia's mother, who died in 2008 and 2022, respectively.
Persons: Celia Bashaw, Chuck Perkins, ” Bashaw, hadn’t, Bashaw, Misty Bashaw, Celia Bashaw “, “ It’s, Chris McKirryher, Phil Matte, CNN McKirryher, Matte, , , ” Matte, WCAX, it’s, Perkins, Celia's, Celia Bradshaw “ Organizations: CNN, , WCAX, Facebook Locations: Vermont, Rutland , Vermont, Pittsford , Vermont, Plattsburgh , New York, Bashaw
Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it is investigating the circumstances of that promotion, which Red Lobster management opposed. Michael Nagle/Bloomberg/Getty Images“This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. “Certain operational decisions by former management have harmed [Red Lobster’s] financial situation in recent years,” Red Lobster said in its bankruptcy filing. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden.
Persons: Michael Nagle, , Alex Susskind, Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Mills, Cyrus McCrimmon, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Anthony Behar, SIPPL, AP Darden, they’ve, John Gordon, , Patrick T, Fallon, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Union became Red, Thai Union, Red Lobster, Bloomberg, Getty, Cornell University, CNN, Baby Boomers, General, Howard, Restaurant Business, Darden, Lobster, Denver Post, Harvard Business School, Longhorn, AP, Gate, , Thai, Getty Images Thai Union, ” Thai Locations: New York, Thai Union, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Square , New York, Sale, Torrance , California, AFP
A New Centrism Is Rising in Washington
  + stars: | 2024-05-19 | by ( David Leonhardt | ) www.nytimes.com   time to read: +1 min
The Republican Party has moved to the right by many measures, and the Democratic Party has moved to the left. One consequence of this polarization, politicians and pundits often say, is gridlock in Washington. These years have been arguably the most productive period of Washington bipartisanship in decades. After the bill’s passage, far-right House Republicans tried to oust Speaker Mike Johnson because he did not block it — and House Democrats voted to save Johnson’s job. Last week, the House advanced another bipartisan bill, on disaster relief, using a rare procedural technique to get around party-line votes.
Persons: Washington bipartisanship, Biden, Mike Johnson Organizations: Republican Party, Democratic Party, Republicans, Postal Service, Trump, House Democrats Locations: Washington, Ukraine
Smellmaxxing, Explained
  + stars: | 2024-05-19 | by ( Callie Holtermann | ) www.nytimes.com   time to read: +1 min
There’s something going on with the way teenage boys smell. It’s become a cliché for adolescents to douse themselves in Axe body spray at the first sign of puberty. But lately, teen and even tween boys with money to spare are growing obsessed with designer fragrances that cost hundreds of dollars. Ask a teenager why he wants a $200 bottle of cologne, and he might tell you he’s “smellmaxxing,” a term for enhancing one’s musk that is spreading on social media. But they’re moving the needle: Teenage boys’ annual spending on fragrance rose 26 percent since last spring, according to a recent survey by an investment bank.
Persons: douse, , , Logan, Valentino, Emporio Armani, Tom Ford’s Locations: cologne, Chicago
The former congressman rocked back and forth, his face turning red as he jabbed his finger in the air. It had been 18 months since Lee Zeldin lost his bid to become governor of New York, and now he was back at a rally in Albany, with a new war to fight. The enemy was a proposed Equal Rights Amendment to the State Constitution. “There has been no greater attack on women’s rights and girls’ rights in the State of New York throughout any of our lifetimes than Proposition 1 in November,” he said at the rally in the State Capitol earlier this month. The amendment, he added, was an “attempt by New York Democrats to deceptively put abortion on the ballot, when in reality it was a full-fledged attack on women’s rights, free speech, girls’ sports, rule of law and much more.”
Persons: Lee Zeldin, Zeldin, Organizations: Republican, Capitol, New York Democrats Locations: New York, Albany, State
The Kirkland Signature smoked salmon and Boursin gournay cheese are delicious on toast. My wife loves mandarins and the Kirkland Signature creamy almond butter. We pay $120 for an executive Costco membership, which saves us money by giving us up to $1,000 back on qualified purchases each year. Since I work from home and my wife is a teacher, we prioritize buying quick, nutritious breakfast items we can grab before the workday starts. Here are 10 breakfast items we always keep on hand.
Persons: mandarins, Organizations: Costco, Kirkland, Service, Business
Read previewA small taco stand in Mexico City has been awarded a much coveted Michelin star as part of the guide's first Mexican edition. GUSTAVO GRAF/ ReutersIn an online statement, the Michelin Guide celebrated its first Mexican edition: "What a joy it is to honor the uniqueness of the Mexican gastronomic landscape in Mexico City." Tire-manufacturing brothers André and Édouard Michelin released the first Michelin Guide in 1900 in an attempt to encourage motorists to try out restaurants around France. Another surprise Michelin award came in April when Disney World's Victoria & Albert's restaurant — which it calls its "culinary crown jewel" — earned a coveted star. In its review of the restaurant, the Michelin Guide said: "This restaurant is by no means an easy reservation, but the reward is a kind of magic rarely seen these days."
Persons: , León, Rodolfo Gaona, El, GUSTAVO GRAF, Arturo Rivera Martínez, — Rivera Martínez, Hawker Chan, Chan, Mario Hernandez Alonso, Édouard Michelin Organizations: Service, Michelin, Business, Reuters, Associated Press, Chinatown Food, Media, Tire, Disney World's Locations: Mexico City, Mexican, San Rafael, Mexico, Chinatown, Malaysian, France
The Ugly Effect of Physical Insults
  + stars: | 2024-05-17 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
Debates can get, well, ugly in Congress, but rarely do they descend to the level of physical taunts. Yet that is exactly what happened on Thursday during a meeting of the House Oversight Committee. During a discussion about whether Attorney General Merrick B. Garland should be held in contempt of Congress, Representative Marjorie Taylor Greene, a Republican from Georgia, told Representative Jasmine Crockett, a Democrat from Texas, “I think your fake eyelashes are messing up what you’re reading.”Representative Alexandria Ocasio-Cortez, a Democrat from New York whose own signature red lipstick has become something of an online lighting rod, then leaped to Ms. Crockett’s defense. “How dare you attack the physical appearance of another person,” she said. Further name-calling ensued, culminating in Ms. Crockett’s covertly returning the insult by asking the chair, James R. Comer, “If someone on this committee then starts talking about somebody’s bleach blond, bad-built butch body, that would not be engaging in personalities, correct?” (That description being a not-entirely-implicit reference to Ms.
Persons: Merrick B, Garland, Marjorie Taylor Greene, Jasmine Crockett, , Alexandria Ocasio, , Crockett’s, James R, Comer, Greene Organizations: Republican, Locations: Georgia, Texas, Cortez, New York
Silicon Valley Bank, Signature Bank, and First Republic are among the largest bank failures in US history. But more banks could fail, according to Fed chair Jerome Powell. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?
Persons: Jerome Powell Organizations: Valley Bank, Signature Bank, Business Locations: Republic
Read previewWearing a school uniform never worked for Holly White. "I was assisting fashion assistants, and I knew immediately that I'd fallen in love with styling," White said of her time at the magazine. India Amarteifio and Holly White. Charithra Chandran attends a Vogue and Netflix event in a look styled by Holly White. "We're having conversations about the directions we want to go, when we want to push certain silhouettes, what we want to say with certain looks," White said.
Persons: , Holly White, White, I'd, Mary, Kate, Ashley Olsen, Tim Walker, wasn't, Luke Newton, Tom Hiddleston, Loki, Milly Alcock, Holly White White, Amarteifio, Tolu Coker, India Amarteifio, Kayla Oaddams, Charithra Chandran, Jeff Spicer, Newton, They've, Luke, Jamie McCarthy Organizations: Service, Business, London College of Fashion, Vogue, Netflix, Newtown, Getty Locations: London, India, British, Nigerian, Amarteifio
Read previewMarisa Abela embodies late music icon Amy Winehouse in the new biopic "Back to Black," and yes, the actor really sings in the film. Here's how Abela transformed her voice for "Back to Black" — and why the film controversially uses her vocals instead of Winehouse's. Abela wasn't a trained musician prior to 'Back to Black'Actor Marisa Abela and director Sam Taylor-Johnson on the set of "Back to Black." According to the "Back to Black" production notes, Abela took two-and-a-half-hour singing lessons every day for four months. AdvertisementThe decision to use Abela's vocals instead of dubbing in Winehouse's wasn't made lightlyMarisa Abela as Amy Winehouse in "Back to Black."
Persons: , Marisa Abela, Amy Winehouse, Sam Taylor, Winehouse, Abela, Abela wasn't, Johnson, Dean Rogers, Frank, Taylor, Jamie Matthewman, Anne, Marie Speed, Sarah Green, Giles Martin, Ben Parker, Stephen Colbert, Martin, Winehouse's wasn't, Abela's, that's, Speed Organizations: Service, Business, Hollywood
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