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Liontrust Asset Management's Clare Pleydell-Bouverie is looking beyond the headline-makers, however, to other companies set to gain from AI adoption. She said AI is set to remove "a lot of waste out of people's jobs," and bring about a "phenomenal productivity uplift." 'Higher customer conversion' Pleydell-Bouverie also said consumer-facing companies like French beauty and cosmetics label L'Oreal stand to gain from the adoption of AI. "They've pioneered beauty tech as an industry," she said, adding that the company's generative AI beauty assistant system has a 60% higher customer conversion than in-store advisors. The analysts have an average price of $450.25 on L'Oreal, giving it slightly downside potential.
Persons: Clare Pleydell, CNBC's, Bouverie, They've Organizations: Big Tech, Amazon, Nvidia, Meta, Microsoft, Liontrust Global Technology Fund, Technology, JPMorgan Chase, JPMorgan, L'Oreal, Euronext Locations: Euronext Paris, U.S
This week, the pope is due to make an historic intervention in the debate around AI at the G7 summit in southern Italy’s Puglia region. AI, the pope believes, can make the world a better place only if it serves the “common good” and does not increase inequalities. European Union lawmakers have already passed a law regulating AI, while a bipartisan group of US senators have set out plans for AI regulation that could lead to federal legislation. “AI and emerging technologies are on Pope Francis’ radar screen,” Larrey, now a professor of philsophy at Boston College, told CNN. It’s clear that Francis sees AI as part of what he called the “epochal change” taking place at the beginning of the 21st century.
Persons: Pope Francis, Francis, Joe Biden, , , Paolo Benanti, Benanti, ” Benanti, Vincenzo Paglia, Giorgia, Francis ’, Father Antonio Spadaro, Philip Larrey, Larrey, Pope Francis ’ Organizations: CNN, Catholic, Pontifical Academy for Life, Microsoft, IBM, Cisco Systems, United Nations, Food, Agriculture Organization, Union, Philosophy Department, Pontifical Lateran University, Boston College Locations: Italy’s Puglia, ” Italy, Puglia “, Puglia, Rome, Nevada
Read previewCéline Dion says the symptoms of her stiff-person syndrome can be easily triggered by almost anything, including laughter. Walking wobbly," Dion told Kotb. Related storiesThe "My Heart Will Go On" singer first announced that she had been diagnosed with stiff-person syndrome in December 2022. There is no cure for stiff-person syndrome, but there are ways for patients to manage their condition , including through medication and therapy. AdvertisementIn April, Dion told Vogue France that she goes to therapy five days a week and trains "like an athlete" as part of her treatment plan.
Persons: , Dion, Hoda Kotb, Kotb, Irene Taylor Brodsky, Celine Dion, Taylor, cramp, Brodsky, Céline Dion Organizations: Service, NBC, Business, National Institute of Neurological Disorders, Organization for Rare Disorders, Vogue France
The new OS18 also brings a calculator app to the iPad — a feature the device never had. The app looks a lot like the iconic orange and white calculator users have long seen on the iPhone. Math Notes will automatically be accessible in the preexisting Notes app. New calculator feature revealed at Apple WWDC 2024. Apple's calculator seems less impressive than OpenAI's GPT-4o, which can look at a math problem and verbally talk the user through the solution step-by-step.
Persons: , iPads, Apple, Gene Munster Organizations: Service, Conference, Apple Intelligence, Business, Apple, Big Tech, Deepwater Asset Management
Tuesday, June 11, 2024: Cramer weighs in on this mega caps moves after its big tech eventJim and Jeff discuss the aftermath of this mega-cap tech event. They also talk about the increase in the share of this pharmaceutical stock. Finally, they discuss why they like this industrial stock.
Persons: Cramer, Jim, Jeff
Northeastern Syria CNN —He had had visitors just once before, years ago when he first arrived in prison at 14. According to Amnesty, the estimated 30,000 children currently held in at least 27 detention facilities and two detention camps – Al-Hol and Al-Roj – in northeastern Syria represent the highest concentration of children arbitrarily detained and deprived of their freedom anywhere in the world. CNN was granted extremely rare access inside detention camps and facilities for suspected ISIS fighters and their family members, including Panorama prison. ‘A breeding ground for the next generation of ISIS’At Al-Hol, a sprawling detention camp of faded tents, rusted barbed wire and wind-swept earth, the scale of the problem reveals itself. Hoda Muthana holds hands with her 7-year-old son at the Al-Roj detention camp in northeastern Syria.
Persons: Northeastern Syria CNN —, Stefan Uterloo, Uterloo, ” Uterloo, It’s, We’ve, , Roj, Mazloum Abdi, ” Mazloum, Erik Kurilla, Mike Pratt, Hol, , Ní Aoláin, , you’ve, it’s, Shamil Chakar, doesn’t, ” Shamil, , Brandy Salman, Hoda, She’s, Muthana, Trump, Hoda Muthana, Christina Jump, Scott McWhinnie, Oscar Featherstone, Augusta Anthony , Lou Robinson, Sarah Tilotta, Eliza Mackintosh, Laura Smith Organizations: Northeastern, Northeastern Syria CNN, American, CNN, ISIS, Syrian Democratic Forces, Panorama, Amnesty, United Nations, SDF, UN, US military’s, Command, US, Boys, Twitter, State Department Locations: Northeastern Syria, United States, Suriname, Dutch, South America, Syria, Kurdish, Iraq, Hol, Al, Panorama, Baghouz, Cologne, Germany, Minnesota, American, Alabama, US
However, current and former OpenAI employees have been increasingly concerned about access to liquidity, according to interviews and documents shared internally. "We're incredibly sorry that we're only changing this language now," an OpenAI spokesperson told CNBC after the company changed course. In at least two tender offers, the sales limit for former employees was $2 million, compared to $10 million for current employees. In addition to current and former employees, OpenAI has a third tier for share sales that consists of ex-employees who now work at competitors. OpenAI said it's never canceled a current or former employee's vested equity or required a repurchase at $0.
Persons: Sam Altman, Jason Redmond, OpenAI, Slack, Siri, Ilya Sutskever, Jan Leike, Altman's, Sarah Friar, Larry Albukerk, Albukerk, CNBC they've, it's, Doug Brayley Organizations: Microsoft, AFP, Getty, CNBC, Apple, Federal Trade Commission, Justice Department, Nvidia, OpenAI, EB Exchange, Ropes & Gray Locations: Redmond , Washington, OpenAI, California
But there is a possibility that residual underground lava tubes may still exist. HUM Images/Getty ImagesIf these lava tubes are anything like Earth's, they could be the perfect place for astronauts to hunker down during their stay on Mars. It's unclear if lava tubes on Mars would also be this warm — it's not a stretch to imagine, just a challenge to confirm. But to be clear, just because there could be life in these pits, doesn't mean Mars definitely hosts extraterrestrials. "This is a good place to look, but we don't know if there's life on Mars at all," Johnson said.
Persons: , Brandon Johnson, Johnson, George Rose, Ross Beyer, Beyer, there's, it's Organizations: Service, University of Arizona, Business, NASA, JPL, Scientists, Purdue University, Olympus, SETI Institute, Goddard, Arizona State University, Reconnaissance Locations: Arizona, Tharsis, Hawaii
Opinion | The Great Interest Rate Debate
  + stars: | 2024-06-11 | by ( Paul Krugman | Peter Coy | ) www.nytimes.com   time to read: +1 min
The Fed meets Tuesday and Wednesday to talk about interest rates, which many voters are really frustrated about. People are saying high rates make it hard to buy a home or car or deal with debts. We eventually need to get into the underlying economics — why are interest rates high, and will they stay there? But first, on how interest rates influence people’s views, we need to deal with an odd aspect of the situation. High interest rates are, indeed, a burden on some Americans, especially first-time home buyers.
Persons: Peter Coy, Paul, we’ve, They’re, they’re, Biden, Donald Trump, Trump, Paul Krugman, Peter Organizations: Fed, University of Michigan, Biden
CNN —Dear internet, The Who’s Roger Daltrey has a bone to pick with you. In a recent interview with Billboard, the singer declined to share the set list for his upcoming nine-date North American concert tour which kicks off Wednesday in Vienna, Virginia. “I’m not gonna talk about songs,” Daltrey told the publication. “The Internet’s ruined the live shows for me,” he said. I can’t stand it.”When it was suggested that concertgoers, perhaps, want to know the set list ahead of time to schedule bathroom breaks, Daltrey had a cheeky response.
Persons: Roger Daltrey, “ I’m, ” Daltrey, , , what’s, concertgoers, Daltrey Organizations: CNN, Billboard, Hall of Fame Locations: Vienna , Virginia, London
CNN —In the wake of Hunter Biden’s conviction on federal gun charges Tuesday, right-wing media personalities sought to downplay the jury’s decision, falsely claiming the case was a “fake trial” designed to “cover up” other supposed crimes committed by the president and his family. “Hunter Biden guilty. For others in the right-wing sphere, it’s simple; Trump’s case was a political hit job while Hunter Biden’s case was a clear case of someone breaking the law. “Hunter Biden is convicted of an actual crime. “The Hunter Biden gun conviction is kinda dumb tbh,” Florida GOP Rep. Matt Gaetz wrote on X.
Persons: Hunter Biden’s, “ Hunter Biden, Charlie Kirk, Biden, Joe Biden, Hunter, Jack Posobiec, Donald Trump’s, Trump, Joe Biden’s, Donald Trump Jr, , , ” Monica Crowley, Donald Trump, Jeanine Pirro, Pirro, Hunter Biden, Bob Good, Mark Levin, Matt Gaetz Organizations: CNN, Trump, Real America’s Voice, Biden, Trump Jr, Fox News, Virginia, Caucus, Florida GOP Locations: Ukraine, China, Russia, New York, America, Delaware, Manhattan, Florida
In 2013, the share of self-identified liberals among young women exceeded the share among young men by 5 percentage points; by 2023, that gap was nearly four times as large. (In that survey, young men were substantially more likely than young women to say they rely on YouTube as a major source of news.) (In the Harvard poll, one-fourth of young women identified in some way as LGBTQ, more than double the share of young men.) “He’s got to make up for the defection of young men by winning young women by more, and he’s got to get every young woman he can out to vote,” said Lake, the Democratic pollster. Biden’s best hope of avoiding a catastrophic decline in his youth support is that the number of young women Trump repels exceeds the number of young men he attracts.
Persons: Joe Biden, Donald Trump, Biden, John Burn, Murdoch, , Harvard University’s John F, Daniel Cox, William Frey, Melissa Deckman, Gen, , Trump, John Della Volpe, Joe Biden doesn’t, Della Volpe, White, Deckman, aren’t, Cox, Dobbs, Anna Dean, Dean, ” Della Volpe, he’s, don’t, ” Cox, “ Donald Trump, “ He’s Organizations: CNN, Trump, Biden, Pew Research Center, Financial, NBC, Democratic, Republican, GOP, Institute of Politics, Harvard University’s, Kennedy, Republican Party, Harvard, Democrats, Survey Center, American Enterprise Institute, Biden didn’t, Brookings Metro thinktank, Religion Research Institute, Biden’s, YouTube, Pew, AEI, Blacks, Harvard Poll, Biden won’t Locations: Gaza, New York, Bentonville , Arkansas, America
Read previewWhen I started working at my local shopping mall in 2016, I brought a swirl of confusion to my coworkers — and customers. My identical twin sister, Aimee, had already worked there for around a year while balancing her studies at dance college. My role involved working alongside my sister in the food court, cleaning tables, assisting customers, and cleaning the restrooms and the managers' offices. It was a great experience, and it made sense that my parents wanted us to work at the shop. If we made a mistake at work or got frustrated with a coworker, we could leave it at the door.
Persons: , Aimee, isn't Organizations: Service, Business
Lina Lyte Plioplyte is a documentary filmmaker and film educator. This short film is based on her feature documentary “Periodical.” Images courtesy of MSNBC Films and XTR. Opinion Video combines original reporting with creative storytelling to produce visually transformative commentary. The Times is committed to publishing a diversity of letters to the editor. Follow the New York Times Opinion section on Facebook, Instagram, TikTok, WhatsApp, X and Threads.
Persons: Lina Lyte Plioplyte Organizations: MSNBC Films, New York, Facebook
That’s why it is crucial for central bankers to insist on 2%. “By communicating an explicit inflation target — and then delivering inflation consistent with that target — central banks earn credibility with the public,” New York Fed President John Williams said in a recent speech. Stripping away highly volatile categories such as food and energy — a measure referred to as “core” inflation — won’t quell central bankers’ concerns. The Fed can’t ignore CPIAlthough CPI isn’t the inflation gauge the Fed targets, central bankers don’t write it off. It was, however, welcome news to Fed officials that Consumer Price Index-measured inflation fell to 3.4% in April from 3.5% in March.
Persons: Frank Robinson, , they’re, Jerome Powell, ” Powell, Ben Bernanke, they’ll, John Williams, hasn’t, , Tom Barkin, don’t, Christopher Waller Organizations: New, New York CNN —, Federal, Fed, New York Fed, ” New York Fed, ” Richmond Fed, CPI Locations: New York
In New York, probation officers talk to the defendant and the prosecutor in separate pre-sentencing interviews in preparation for what's known as a pre-sentencing report. AdvertisementTrump is not getting preferential treatment by being allowed to do his interview via video and with his lawyer, a city spokeswoman told Business Insider. It is true that defendants who are locked up while awaiting sentencing typically do pre-sentencing interviews via video, defense lawyers told Business Insider. But defendants like Trump, who are at liberty, are almost always required to appear alone and in person for their probation interviews, lawyers told BI. "I've never been present at a probation interview," said veteran Legal Aid attorney Sam Roberts.
Persons: , Donald Trump, Todd Blanche, Trump, it's, Ivette Davila, Richards, it's President Trump, Justice Manhattan Juan Merchan, Blanche, I've, Sam Roberts, he's, Thomas Eddy, there's, Eddy, Blanche wasn't Organizations: Service, of, Business, Associated Press, Legal Aid Society, The Bronx Defenders, Defender Services, Neighborhood, Service of Harlem, it's, New, Justice Manhattan Locations: New York City, Mar, New York, Manhattan, York City, Rochester , New York
A mentally strong leader is one with the ability to regulate their emotions, thoughts and behaviors to achieve exceptional outcomes. I've spent 30 years studying what makes leaders — and people in general — mentally strong. I discovered in my research that they display their mental strength across six essential "tests of leadership" that most directly link to exceptional achievement. DON'T MISS: The ultimate guide to becoming a master communicator and public speaker Mentally strong leaders excel when it comes to:1. He is the author of "The Mentally Strong Leader: Build the Habits to Productively Regulate Your Emotions, Thoughts, and Behaviors."
Persons: I've, , Sparks, Scott Mautz, He's Organizations: Spurs, Procter & Gamble, LinkedIn
Read previewThis as-told-to essay is based on a conversation with Nandita Gupta, an accessibility product manager at Microsoft in Redmond, Washington. I'm an accessibility product manager at Microsoft. Since December 2021, I've worked as an accessibility product manager for Accessibility Insights, a suite of products that helps developers code with accessibility in mind. There came a moment in my manufacturing job when I asked myself, "What am I doing? Taking the Microsoft job doubled my earnings from my last job — my annual income was around $75,000 in manufacturing, and the move to Microsoft brought my total compensation to over $170,000.
Persons: , Nandita Gupta, I've, MasterClass, Lauryn Haas Organizations: Service, Microsoft, Business, Google, Zoo Atlanta, TED, Nasdaq Entrepreneurial Center, TEDx Georgia Tech Locations: Redmond , Washington, lhaas@businessinsider.com
It's the third show in a row, you're working too hard," Dion told Kotb. AdvertisementStiff-person syndrome is a disease that makes a person's muscles involuntarily stiffen and spasm, Business Insider previously reported. Dion told Kotb that she once had broken ribs as a result of the condition. Despite her illness, Dion told Kotb she didn't slow down her schedule to rest and seek treatment. Advertisement"Lying for me, was… the burden was like, too much," Dion told Kotb.
Persons: , Dion, Today's, she's, Kotb, Celine Dion, Céline Dion Organizations: Service, Business, NBC News, Vogue France Locations: Germany
Jensen Huang doesn't schedule one-on-one meetings with the people who report to him — but that doesn't mean he has no time for them. The billionaire Nvidia CEO and co-founder revealed that aspect of his managerial style during a talk at Stanford University in March. DON'T MISS: The ultimate guide to becoming a master communicator and public speakerIn Huang's case, scheduling 55 recurring one-on-one meetings could fill up a calendar quickly. A fully booked planner carries psychological ramifications, too, Yale University psychology professor Laurie Santos said at SXSW in March. To fend it off, Santos suggested going through your to-do list and figuring out which items don't actually need to be scheduled.
Persons: Jensen Huang, Huang, Steve Jobs, Jeff Bezos, Bezos, Lex, Laurie Santos, Santos Organizations: Nvidia, Stanford University, Apple, Microsoft, Yale University, SXSW, CNBC
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToday is Apple's biggest day since 2007, says Deepwater's Gene MunsterGene Munster, Deepwater Asset Management, joins 'Fast Money' to talk the outcome of Apple's WWDC.
Persons: Deepwater's Gene Munster Gene Munster Organizations: Deepwater Asset Management
France to hold snap elections
  + stars: | 2024-06-10 | 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 EmailFrance to hold snap electionsMichelle Caruso-Cabrera joins 'Mad Money' host Jim Cramer to talk the latest out of European elections and what it means for the markets.
Persons: Michelle Caruso, Cabrera, Jim Cramer Organizations: France
S&P 500 & NASDAQ notch another record close
  + stars: | 2024-06-10 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P 500 & NASDAQ notch another record closeVictoria Greene, G Squared Private Wealth CIO, and Scott Kessler, Third Bridge Global sector lead for tech, media & telecom, joins 'Closing Bell Overtime' to talk the days record market action and Apple's WWDC.
Persons: Victoria Greene, Scott Kessler Organizations: NASDAQ, Private Wealth
Like Tesla and Palantir, GameStop was a popular stock to short among hedge funds, though GameStop took it to a whole new level. "That's how I feel about these GME posts that are using the 'P' and get in so we can cause an 'S' words that are no-nos." That was enough to make WallStreetBets the seventh-largest holder of GameStop stock, ahead of some of the big Wall Street investment firms that had shown interest in the stock. AdvertisementOn WallStreetBets, Alzmann shared the growing evidence that Cohen was indeed planning to take a more active role at GameStop. AdvertisementBut when Cramer dug into the conversation happening around GameStop on WallStreetBets, he saw that something new and more sophisticated was happening.
Persons: GameStop, Jaime Rogozinski, Tesla, Jordan Zazzara, I've, Zazzara, Ryan Cohen, Andrew Left, ahem Citron, PLTR, here's, Citron, We're, WallStreetBets, Uberkikz11, I'm, Ryder, Rod Alzmann, Bolt, Alzmann, Kitty, Roaring Kitty, StockTwits, lockdowns, Nathaniel Popper, Harper Collins, Cohen, Jim Cramer, manipulatively, Cramer, who've, It's Organizations: GameStop, Sony, Business, Twitter, Gamestop, Virgin Galactic, Blockbuster, Netflix, Citron Research, Research, Vanguard, YouTube, Roaring, Roaring Kitty, Owls, WSB, shits, GME Owls, CNBC, Virgin, Street Books, HarperCollins Publishers, Misfits Locations: sweatpants, Tampa , Florida
What Gen Z gets wrong about work
  + stars: | 2024-06-10 | by ( Clay Routledge | ) www.businessinsider.com   time to read: +11 min
Gen Z wants to talk about mental health. In a 2023 survey of nearly 3,000 people, Gen Z was almost twice as likely as other generations to say they struggled with their mental health. Related storiesA healthy work environment is one where people feel supported and encouraged to do meaningful work — not one that fixates on their mental health. What does have a tangible impact on people's well-being at work is whether they find their work meaningful. Instead, employers should ensure their staff have access to mental-health care while building a positive culture that promotes meaningful work.
Persons: Z, Gen Z, Gen Zers, Selena Gomez, Simone Biles, Demi Lovato, they've, They've, Mercer, isn't, Gallup, Severance, it's, There's, I've, Clay Routledge Organizations: US Chamber of Commerce, American Psychiatric Association, CVS, Harris, CNN, National Alliance, Mental, Workers, Research, Archbridge Institute
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