Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "reid"


25 mentions found


Former Chief Executive Officer (CEO) of Post Office Limited Paula Vennells (C) arrives to give evidence to the Post Office Horizon IT Inquiry, in central London, on May 22, 2024. The scandal has been described at an ongoing public inquiry as "the worst miscarriage of justice in recent British legal history". The Post Office took 700 people to court between 1999 and 2015 based on faulty evidence resulting from central I.T. Questions remain over what Vennells and other executives knew, all while the Post Office continued to push for sub-postmaster prosecutions. Vennells joined at a time when the Post Office was losing significant amounts of money and was under pressure to improve its financial performance.
Persons: Paula Vennells, Vennells, Martin Griffiths Organizations: Post, Britain's, Fujitsu, Post Office Locations: London, I.T
U.K. inflation came in hotter than expected with a drop to 2.3% in April, the Office for National Statistics said Wednesday, prompting traders to pull back from bets on a June interest rate cut from the British central bank. Core inflation, excluding energy, food, alcohol and tobacco, dipped to 3.9% in April from 4.2% in March. A dramatic drop in the headline rate was widely expected because of the year-on-year decline in energy prices. Investors were instead set to focus on core and services inflation, after BOE policymakers indicated they would be willing to cut interest rates some time in the summer, but stressed that the timing would depend on fresh data. Following the print, money markets slashed the probability of a June rate cut to just 15%, down from 50% earlier in the day.
Persons: BOE Organizations: National Statistics, Bank of England's, Reuters Locations: Russia, Ukraine, British, U.K
Bloomberg | Bloomberg | Getty ImagesLONDON — U.K. inflation could be about to hit a major milestone, with some forecasting that a sharp fall in the April print will take the headline rate below the Bank of England's 2% target. That would represent a plunge from the current level of 3.2% and could "make or break" a June interest rate cut, economists say. Ashley Webb, U.K. economist at Capital Economics, said that if the headline rate does fall below 2% in April, as he expects, it would be "momentous." "This will be crucial in determining whether the first interest rate cut from 5.25% will happen in June (as we expect) or in August. We think inflation will fall further, perhaps even to 1.0% later this year," Webb said in a Friday note.
Persons: Ashley Webb, What's, Webb, , BOE Governor Andrew Bailey, BOE, Ben Broadbent, James Smith, ING's Organizations: Bloomberg, Getty, Bank of England's, Capital Economics, Bank of England, European Central Bank, ING Locations: Kingston, London, U.K
The Crypto Comeback
  + stars: | 2024-05-21 | by ( Sabrina Tavernise | David Yaffe-Bellany | Will Reid | ) www.nytimes.com   time to read: 1 min
This month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest. David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it says about the improbable resurgence of crypto.
Persons: Sam Bankman, , David Yaffe
Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs. The Dublin-based firm said full-year profit after tax jumped 34% to 1.92 billion euros ($2.09 billion), and announced a 700-million-euro share buyback program. Revenue rose 25% year-on-year to 13.44 billion euros as the airline served 184 million passengers, 23% more than before the Covid pandemic. Ryanair Chief Financial Officer Neil Sorahan told CNBC's "Squawk Box Europe" Monday that its share buyback reflected a "very strong" balance sheet. "Our priorities have been very much: restore the pay for our people after Covid, bring in pay increases, pay down the debt," he said.
Persons: Neil Sorahan, CNBC's, we've, actualy Organizations: Ryanair, Revenue Locations: Dublin
The last GOP presidential nominee to win Nevada was George W. Bush in November 2004 — nearly 20 years ago. Biden will have to work hard to address some of the top concerns of Nevada voters: inflation, housing affordability, and health care. A plurality of Nevada voters (22%) listed the economy as their top issue, and a whopping 82% of voters said that the economy was "only fair" or "poor." Only 17% of Nevada voters rated the economy as "good" or "excellent." And by a 61% to 32% margin, Nevada voters believe Trump would be better at handling the economy.
Persons: , Sen, Harry Reid, Barack Obama's, Catherine Cortez Masto's, Joe Biden's, Biden, Donald Trump, George W, Bush, Hillary Clinton, Trump, Robert F, Kennedy Jr, Jill Stein, plummets, Stein, Kamala Harris Organizations: Service, Democratic Party, Business, Nevada, Vegas, Biden, GOP, Trump, New York Times, Siena College, Green Party, , Safer Communities Locations: Nevada, Las Vegas, Reno, Siena
Going to restaurants with our three kids — ages 9, 7, and 4 — is usually a lesson in extreme patience. And it's just really hard for our kids to stay still at the table. Our tiny table means the kids can too easily bug each other, so we also end up breaking up fights most nights. We choose where to go with our kids in mindDespite the hard stuff, the good parts make it worth it. And even the hard parts can be made easier by choosing our location wisely.
Persons: doesn't, what's, it's, We're Organizations: Breweries
It is a tale as old as Adam and Eve: A husband, faced with accusations of misconduct, blames the wife. It is also a time-honored, bipartisan political strategy. This week, Justice Samuel A. Alito Jr. and Senator Bob Menendez of New Jersey pointed ringed fingers at their wives for episodes that have landed each man in political or legal trouble. The justice’s wife, Martha-Ann Alito, was in a feud with neighbors at the time over an anti-Trump sign, The Times reported. In the case of Mr. Menendez, a Democrat, it was his lawyer who did the finger pointing.
Persons: Adam, Samuel A, Alito Jr, Bob Menendez, Alito, , Donald J, Trump’s, Biden’s, Martha, Ann Alito, Menendez, Avi Weitzman Organizations: Bob Menendez of New, New York Times, Times, Democrat Locations: Bob Menendez of, Bob Menendez of New Jersey, Manhattan
It came almost 12 months after Google combined two key AI groups, DeepMind and Google Brain. Google's AI MVPGoogle DeepMind CEO Demis Hassabis GoogleDemis Hassabis might be the most important person at Google right now. Then, in April last year, Pichai announced he would merge DeepMind with Google's in-house AI unit, known as Brain, into a supergroup named Google DeepMind. Reid reports directly to Raghavan, the ads and search senior vice president, and is shepherding a dramatic transition of Google Search. Fears of chatbots eating into Google's search dominance have yet to be realized, giving Google time to reinvent its most hallowed product.
Persons: , Sundar Pichai, Pichai, Susan Wojcicki, Demis, Hassabis, Larry Page, DeepMind, OpenAI, it's, accrues, ED JONES, Rick Osterloh, Sameer Samat, he'll, Hiroshi Lockheimer, Osterloh, Prabhakar Raghavan, Siri, Tim Cook, Hiroshi, SAJJAD HUSSAIN, Liz Reid, Reid, Raghavan, Pandu Nayak, Venkatachary, It's, chatbots, Bernstein, Mark Shmulik Organizations: Service, Google, Business, Google's, BI, Research, Hassabis, Android, Apple, Apple's Vision, CNBC, Google Local Locations: Raxium
CNN —Donald Trump’s former fixer Michael Cohen goes back on the stand Thursday braced for another bruising day of cross-examination that is shaping up as the most crucial chapter in the first criminal trial of a former president. A suddenly compressed political calendarEvery criminal trial is a grave process since a defendant’s reputation and even liberty is on the line. The Supreme Court is expected to deliver its decision on Trump’s sweeping claims of immunity from prosecution. That would almost certainly delay Trump’s trial in his federal election interference case until after the election, meaning he wouldn’t be brought to account for the worst attack on democracy in modern times before a subsequent election. In that case, the hush money trial may be the only one held before the election.
Persons: Donald Trump’s, Michael Cohen, Cohen, Trump, Trump’s, , Todd Blanche, CNN’s Paula Reid, Blanche –, Blanche, Reid, , he’d, It’s, there’d, Joe Biden, Biden, they’d, he’s, Mike Johnson Organizations: CNN, Trump, , ABC, GOP, Republican Locations: New York, Manhattan, Georgia, Florida
And simultaneously, we are referring to geopolitical risks. I think that, you know, markets sometimes are underestimating the potential impact of geopolitical risks that are there," Luis de Guindos told CNBC's Annette Weisbach. Rising geopolitical risks present "considerable downside risks," the ECB warned in the report. The report attributes the rally in financial markets to analyst expectations of interest rate cuts from major central banks this year. "And that's the element that you cannot ignore, you cannot overlook this potential impact that could affect risk aversion, risk attraction, commodity prices, growth, overall growth in the global economy."
Persons: Luis de Guindos, CNBC's Annette Weisbach, De Guindos Organizations: European Central Bank, Stock, U.S, ECB Locations: U.S, Europe, East, Ukraine
This episode contains explicit language. Michael Cohen, Donald J. Trump’s former lawyer and fixer, took the stand in the former president’s hush money trial. Jonah E. Bromwich, a criminal justice reporter, discusses how Mr. Cohen could cause problems for Mr. Trump himself.
Persons: Michael Cohen, Donald J, Trump’s, Jonah E, Cohen, Trump Locations: Bromwich
Mr. Biden recently indicated he would debate Mr. Trump, but had until now declined to give any firm commitment or specific details. In a video announcing his offer, Mr. Biden taunted Mr. Trump. Mr. Trump leads Mr. Biden in most polls of battleground states, including the recent surveys by The New York Times, Siena College and The Philadelphia Inquirer. Significantly more voters trust Mr. Trump over Mr. Biden to handle the economy. Mr. Biden, exasperated, famously said to Mr. Trump, “Will you shut up, man?
Persons: Biden, Donald J, Trump, , Robert F, Kennedy Jr, Mr, Biden’s, Jennifer O’Malley Dillon, O’Malley Dillon, , Trump’s, “ Let’s, Donald, Ms, Mark Makela, “ Will, Susie Wiles, Chris LaCivita, Reagan, , There’s, Kennedy, Wiles, LaCivita, George W, Bush’s, Barack Obama, Mitt Romney, Richard Perry, Romney, Hillary Clinton’s, Bill Clinton, Reid J, Epstein Organizations: The New York Times, Biden, Commission, Mr, Trump, , , Republican National Convention, Republican National Committee, Siena College, The Philadelphia Inquirer, White House, CNN, Electoral College —, Republican, Democratic, ” Networks, CBS News, ABC News, Telemundo Locations: Washington, Trump’s Manhattan, York, Milwaukee, America
Tens of millions of dollars of advertising has not changed President Biden’s polling deficit. And Mr. Biden’s significant cash and infrastructure advantages have yet to pay political dividends. So on Wednesday, the one weekday Mr. Trump is not confined to a courtroom, the Biden campaign shook up the race, publicly offering to bring forward the first presidential debate by three months. Mr. Biden’s advisers have long believed that the dawning realization of a Trump-Biden rematch will be a balm for the president’s droopy approval ratings. The early-debate gambit from Mr. Biden amounted to a public acknowledgment that he is trailing in his re-election bid, and a bet that an accelerated debate timeline will force voters to tune back into politics and confront the possibility of Mr. Trump returning to power.
Persons: Donald J, Trump, Biden, , Organizations: Biden, Trump, Mr
The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and other goods, the bloc's economic chief said Wednesday. "But this is not bringing us to a theory of decoupling of global trade, which would be a disaster for both parts of the decoupling," he said. "The characteristic of the EU economy is to be more open, more influenced by trade, and less by only internal consumption. This is the reason, the economic reason, why it is in the interest of the European Union to keep the doors of trade open." Meanwhile, several EU nations are nervous about potential Chinese retaliatory trade measures hitting important domestic industries, from German automotives to French cognac.
Persons: Paolo Gentiloni, CNBC's Silvia Amaro, Gentiloni Organizations: European, European Union, CNBC Locations: European Union, Europe, China, EVs, U.S, Russia, Ukraine
Meanwhile, OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with a new user interface. Gemini AI updatesGoogle introduced updates to Gemini 1.5 Pro, its AI model that will soon be able to handle even more data — for example, the tool can summarize 1,500 pages of text uploaded by a user. Generative AI tools such as chatbots and image creators continue to have issues with accuracy, however. New search featuresThe tech giant is launching "AI Overviews" in Google Search on Monday in the U.S. AI Overviews show a quick summary of answers to the most complex search questions, according to Liz Reid, head of Google Search. Google Search found the model of the record player and suggested that it could be malfunctioning because it wasn't properly balanced.
Persons: Sundar Pichai, Andrej Sokolow, Anthropic, OpenAI, There's, Pichai, Gemini, Apple's Siri, Prabhakar Raghavan, Liz Reid, you'll, that's, Google's, Tony Stark's, , ChatGPT, Demis Hassabis Organizations: Google, Getty, Gemini, Monday, Gmail, Astra Project Astra, Marvel, Astra Locations: U.S
Read previewWhat if the Google Assistant was actually… an assistant? In short: AI agents are what have the best shot at taking this technology from "nice to have" to "need to have." But there are other ways these AI agents will emerge in the nearer term. Google teased a combination of updates that will soon make its Gemini AI chatbot more capable and proactive. Tentacles and tailoringBut it's in its legacy products that Google really has an edge when it comes to enabling agent-like qualities.
Persons: , It's, Sundar Pichai, Pichai, Astra Pichai, We've, Demis Hassabis, OpenAI, Sissie Hsiao, Hsiao, Chatbots, Liz Reid, Google's, Reid Organizations: Service, Google, Business, Astra, Gemini Locations: London
Google search will never be the same
  + stars: | 2024-05-14 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +1 min
Google unveiled a revamped vision of its hallmark search product at I/O on Tuesday. "Google will do the Googling for you," its head of search said of the AI-driven experience. That's the vision head of search Liz Reid laid out onstage at Google I/O on Tuesday. Google unveiled an AI-enhanced version of Search, along with a lot of promises. This story is available exclusively to Business Insider subscribers.
Persons: , Liz Reid Organizations: Google, Service, Business
Mr. Dunn has also pledged to support the Jewish state. Both Ms. Elfreth and Mr. Dunn have vowed to make campaign finance reform a top priority in Congress. Mr. Dunn has sworn off help from outside groups as part of his pro-democracy platform. Like Mr. Dunn, Ms. Elfreth said she would make campaign finance reform a priority in Congress. No other candidate has collected more than $200,000, campaign finance records show.
Persons: Harry Dunn, Dunn’s, Sarah Elfreth, Dunn, Elfreth, John Sarbanes, Mr, , that’s, Biden, Donald J, Clarence Lam, Juan Dominguez, Michael Coburn, Janelle Stelson, Mike O’Brien, Yevgeny Vindman, Alexander, Vindman, Abigail Spanberger Organizations: Capitol Police, Democratic, Maryland House, United Democracy, Israel Public Affairs Committee, Capitol, Maryland Senate, Congressional, D.C, Republican, Maryland Democrats, Johns Hopkins University, Army, Marine Corps, Democrat Locations: Maryland, Annapolis, Howard County, Columbia, Ellicott City, Baltimore, Washington, Pennsylvania, Virginia, Eugene, spotlighting, Ukraine
Below, we'll break down all of your Interview with the Vampire Season 2 watch options. Where to watch Interview with the Vampire in the USInterview with the Vampire airs at 9 p.m. Shop at SlingWhere to watch Interview with the Vampire in the UKSeason 1 of Interview with the Vampire is available to stream for free through BBC iPlayer in the UK. This can also be used to watch Interview with a Vampire for free via TVNZ in New Zealand. How to watch Interview with the Vampire with a VPNSign up for a VPN if you don't already have one.
Persons: we've, Anne Rice, Louis de Pointe, Jacob Anderson, Daniel Molloy, Eric Bogosian, Lestat de Lioncourt, Sam Reid, Claudia, Bailey Bass, Delainey Hayles, Brad Pitt, Tom Cruise, you've, Philo Organizations: Business, AMC, Sling, BBC, HGTV, Lifetime, TVNZ Locations: Louis de Pointe du Lac, BBC America, New Zealand
As President Biden prepares to give graduation remarks this month at Morehouse College in Atlanta, a prestigious historically Black institution, the White House is signaling anxiety about the potential for protests over the war in Gaza. During a recent visit to Atlanta, Vice President Kamala Harris stopped to ask the Morehouse student government president about the sentiment on campus about the conflict, how students felt about Mr. Biden’s visit and what the graduating class would like to hear from him on May 19. Then, on Friday, the White House dispatched the leader of its public engagement office and one of its most senior Black officials, Stephen K. Benjamin, to the Morehouse campus for meetings to take the temperature of students, faculty members and administrators. The reasons for concern are clear: Nationwide demonstrations over the war and Mr. Biden’s approach to it have inflamed more than 60 colleges and universities, stoked tensions within the Democratic Party and created new headaches for his re-election bid.
Persons: Biden, Kamala Harris, Biden’s, Stephen K Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party Locations: Atlanta, Gaza
The “stretched” consumerBetter than expected quarterly earnings have helped propel the S&P 500 to within a whisker of a record high on Friday. But Wall Street and Washington are closely monitoring another worrying economic indicator: the struggling consumer. The split-screen view of the economy is becoming clearer as earnings season draws to a close. Mass-market brands, like the fast-food companies McDonald’s, KFC and Starbucks, have reported that a lot of customers are pulling back on spending as high inflation bites. This is “an economy of the haves and have-nots,” Michael Reid, an economist for RBC Capital Markets, told DealBook.
Persons: Biden, ” Michael Reid, DealBook Organizations: KFC, Starbucks, RBC Capital Markets Locations: Washington
Seven months into Israel’s war in Gaza, Muslim and Arab American leaders say their channels of communication with President Biden’s White House have largely broken down, leaving the administration without a politically valuable chorus of support for his significant shift on the conflict this week. Mr. Biden’s announcement that he had paused a shipment of 3,500 bombs to Israel and would not help with a ground invasion of Rafah was a sea change in U.S. policy that Arab American and Muslim leaders have demanded for months. “The president’s announcement is extremely overdue and horribly insufficient,” said Abbas Alawieh, one of the leaders of a protest-vote movement against Mr. Biden that began in Michigan this year. That would be significant.”Mr. Biden’s White House aides engaged in considerable outreach at the outset of the Democratic primary season, when the movement to cast protest votes in early states emerged as a surprising political headache. A cadre of high-level aides traveled to Dearborn, Mich., and Chicago to demonstrate their interest in listening, but Arab American leaders told them that without a momentous shift in U.S. policy — such as support for a permanent cease-fire — there was no need to keep talking.
Persons: Biden’s, , , Abbas Alawieh, Biden, Mr Organizations: Mr, Democratic Locations: Gaza, Muslim, Arab, Israel, Rafah, Michigan, Dearborn, Mich, Chicago
Stormy Daniels Takes the Stand
  + stars: | 2024-05-10 | by ( Michael Barbaro | Jonah E. Bromwich | Olivia Natt | ) www.nytimes.com   time to read: 1 min
What happened when Stormy Daniels took the stand for eight hours in the first criminal trial of former President Donald J. Trump? Jonah Bromwich, one of the lead reporters covering the trial for The Times, was in the room.
Persons: Stormy Daniels, Donald J, Trump, Jonah Bromwich Organizations: The Times
Variegated tulips planted in flower beds opposite the Bank of England in the City of London on 7th May 2024 in London, United Kingdom. =LONDON — The Bank of England is set to hold interest rates steady at its Thursday meeting, with traders expected to pore over the details of Governor Andrew Bailey's statement as anticipation builds for a potential summer rate cut. The BOE's Monetary Policy Committee is widely expected to keep the Bank Rate at 5.25%, with an announcement due at midday. The latest March meeting saw eight votes to keep rates steady and one to cut. It's going to reach target pretty soon, and that will put the Bank under a lot of pressure to start normalizing policy."
Persons: Andrew Bailey's, Bailey, Francesco Garzarelli, Garzarelli, CNBC's, There's Organizations: Bank of England, Eisler Capital, Bank Locations: City of London, London, United Kingdom
Total: 25