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☆ Ocean water is rushing miles underneath the ‘Doomsday Glacier’ with potentially dire impacts on sea level rise
▼ + stars: | 2024-05-20 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

The Thwaites Glacier in West Antarctica — nicknamed the “Doomsday Glacier” because its collapse could cause catastrophic sea level rise — is the world’s widest glacier and roughly the size of Florida. Thwaites, which already contributes 4% to global sea level rise, holds enough ice to raise sea levels by more than 2 feet. “This process of widespread, enormous seawater intrusion will increase the projections of sea level rise from Antarctica,” he added. Sea ice around Rothera Point, on Adelaide Island to the west of the Antarctic Peninsula. The researchers also used climate models to predict the potential speed of recovery from such extreme sea ice loss and found that even after two decades, not all the ice will return.

Persons: West Antarctica —, It’s, Thwaites, glaciologists —, Irvine —, ”, Eric Rignot, Finland’s, Rignot, Ted Scambos, it’s, James Smith, Noel Gourmelen, Gourmelen, Steve Gibbs, ” Louise Sime Organizations: CNN, National Academy of Sciences, Global, University of California, UC Irvine, University of Colorado, British Antarctic Survey, University of Edinburgh, BAS Locations: West Antarctica, Florida, Irvine, Antarctica, University of Colorado Boulder, Thwaites, Rothera, Adelaide

☆ Neuropsychologist: 4 tips to stop the cycle of negative self-talk—your 'thoughts are not the absolute truth'
▼ + stars: | 2024-05-19 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

Negative self-talk, or the experience of your inner monologue being hyper-critical, can erode your confidence. And, usually, whatever you're worried about doesn't actually come to pass, says Judy Ho, a neuropsychologist and professor at Pepperdine University. In her recent TED Talk, Ho describes how negative self-talk can undermine your goals. "Sometimes we think that negative self-talk helps us to be motivated," Ho told CNBC Make It. To defeat the cycle of negative self-talk, you have to be mindful of what triggers your pessimism and how to distance yourself from anxiety-driven thoughts.

Persons: doesn't, Judy Ho, Ho, Judy Ho neuropsychologist Organizations: Pepperdine University, Penn State University, CNBC

☆ I used bots to work for Instacart. You need one to make the job worthwhile.
▼ + stars: | 2024-05-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Business Insider has verified his identity and his use of two bots designed for gig delivery apps. I found this guy who writes some articles on gig work, and he talked about having access to bots for Instacart. AdvertisementThe biggest reason I purchased it was because you just have to keep refreshing the screen to get orders on Instacart. AdvertisementAn Instacart spokesperson told BI: "This shopper was deactivated from our platform for blatant and abusive violations of our terms of service." Do you work for Instacart, DoorDash, Walmart Spark, or another gig delivery service and have a story idea to share?

Persons: Ted Rosner, That's, Instacart, I've, it's Organizations: Service, Business, Walmart Locations: Washington, DC, Instacart, DoorDash

CNN —Rudy Giuliani was served Friday with notice of his indictment related to an alleged scheme to overturn the 2020 election results in Arizona, according to Arizona Attorney General Kris Mayes. Richie Taylor, a spokesperson for Mayes, previously told CNN that the attorney general’s office had tried for weeks to locate Giuliani. An attendee of the party told CNN that Giuliani was served papers by two agents of the Arizona attorney general’s office in the late hours of the birthday bash. They must concede they can’t count votes.”Hours later, Giuliani was served notice of the indictment. The Arizona indictment is just the latest legal woe for Giuliani stemming from his time as Trump’s attorney after the 2020 presidential election.

Persons: CNN — Rudy Giuliani, Kris Mayes, “, ” Mayes, Giuliani, ”, Richie Taylor, Mayes, Caroline Wren, Kari Lake, ” “, —, Ted Goodman, can’t, Donald Trump’s, Pence, John Eastman, CNN’s Zachary Cohen, Holmes Lybrand Organizations: CNN, GOP, New, New York City, Trump, Dominion Locations: Arizona, Palm Beach , Florida, New York, Phoenix, Georgia

CNN —Alice Stewart, a veteran political adviser and CNN political commentator who worked on several GOP presidential campaigns, has died. Law enforcement officials told CNN that Stewart’s body was found outdoors in the Bellevue neighborhood in northern Virginia early Saturday morning. She went on to serve as the communications director in then-Arkansas Gov. Most recently, Stewart was the communications director for Texas Sen. Ted Cruz’s 2016 GOP campaign. David S. HollowaySpeaking about her role as a commentator for the network, Stewart told Harvard Political Review in 2020 that she brings “a perspective that I think CNN appreciates.”“My position at CNN is to be a conservative voice yet an independent thinker,” Stewart said.

Persons: Alice Stewart, “ Alice, ” Mark Thompson, “, ” Stewart, Stewart, Mike Huckabee’s, Michele Bachmann, Pennsylvania Sen, Rick Santorum, Texas Sen, Ted Cruz’s, Wolf Blitzer, ”, ” Blitzer, Jessica Dean, ” Suzanne Malveaux, Charles Blow, David S, “ I’m, Trumper, Maria Cardona, she’s, ” Cardona, Alice, Credit Union Cherry, CNN’s Kayla Gallagher Organizations: CNN, Harvard International, Arkansas Gov, Minnesota, Texas, GOP, CNN Grill, Convention, Harvard, Trump, “ CNN, Institute of Politics, Harvard University’s Kennedy School, TCS New York City Marathon, Credit Union, Credit Union Cherry Blossom Locations: Bellevue, Virginia, Atlanta, Georgia, Rock , Arkansas, Pennsylvania, Charlotte , North Carolina

☆ Alice Stewart, a CNN Political Commentator, Dies at 58
▼ + stars: | 2024-05-18 | by ( Orlando Mayorquín | More About Orlando Mayorquín | ) www.nytimes.com time to read: +1 min

Alice Stewart, a Republican strategist and political commentator on CNN, has died. Her death was announced by CNN. The company said the police found Ms. Stewart’s body outdoors in Northern Virginia early Saturday morning. Ms. Stewart had appeared on the cable news outlet as a conservative commentator since the 2016 presidential race. Before that, Ms. Stewart had worked on several Republican presidential campaigns.

Persons: Alice Stewart, Mark Thompson, ”, Stewart, Mike Huckabee, Michele Bachmann, Rick Santorum, Ted Cruz Organizations: Republican, CNN, ” CNN Locations: Northern Virginia, Arkansas

☆ PGA Championship: Shane Lowry comes within inches of major scoring record as Scottie Scheffler splutters
▼ + stars: | 2024-05-18 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

I knew what was at stake,” Lowry, chasing a second major crown after Open Championship glory in 2019, told reporters. Lowry is among the chasing pack bunched behind the American trio, joined by 2020 US Open champion Bryson DeChambeau and Norway’s world No. Just five strokes separate Schauffele and Morikawa from the six golfers level in tied-10th. Matt York/APScheffler slidesYet tournament favorite Scottie Scheffler, one shot behind Spieth in tied-24th, will require even greater heroics after enduring a grueling two-over 73. ET (5:15 p.m. BST) Sunday, with leading duo Schauffele and Morikawa the last pair out at 2:35 p.m.

Persons: Shane Lowry, Collin Morikawa, Xander Schauffele, Lowry, “, ” Lowry, ”, Andy Lyons, Schauffele, Rickie Fowler, Africa’s Branden Grace, Morikawa, ” Schauffele, ” Morikawa, Theegala, Bryson DeChambeau, Viktor Hovland, Jordan Spieth, Matt York, Scottie Scheffler, Spieth, Ted Scott, toiled, Scheffler, Jeff Roberson, Mark Hubbard Organizations: CNN, PGA, Golf, –, “, Getty Locations: Lousville

☆ Giuliani Is Formally Notified of His Indictment in Arizona Election Case
▼ + stars: | 2024-05-18 | by ( Anna Betts | ) www.nytimes.com time to read: +1 min

Rudolph W. Giuliani was served with a notice of his indictment in the Arizona election interference case on Friday night, becoming the last of the 18 defendants to receive the notice after nearly a month of unsuccessful attempts by the authorities. The indictment against Mr. Giuliani, Donald J. Trump’s former personal lawyer, and others includes conspiracy, fraud and forgery charges related to their attempts to change the results of the 2020 election in the state in favor of Mr. Trump, according to prosecutors. Among the other defendants are Mark Meadows, the former White House chief of staff, along with all of the fake electors who acted on Mr. Trump’s behalf to keep him in power despite his defeat there. They waited to serve him outside as he left,” Mr. Taylor said. Mr. Giuliani’s spokesman, Ted Goodman, confirmed in a statement on Saturday that Mr. Giuliani was served “after the party, after guests had left and as he was walking to the car.”

Persons: Rudolph W, Giuliani, Mr, Donald J, Trump, Mark Meadows, Richie Taylor, Kris Mayes, ” Mr, Taylor, Giuliani’s, Ted Goodman Organizations: Mr, White House Locations: Arizona, Palm Beach County, Fla

☆ PGA Championship: Collin Morikawa, Xander Schauffele top crowded leaderboard
▼ + stars: | 2024-05-18 | by ( Gabherzig | Hugh Kellenberger | ) www.nytimes.com time to read: +3 min

LOUISVILLE, Ky. — Scottie Scheffler has dropped off, but a crowded leaderboard still exists after Round 3 of the PGA Championship on Saturday. AdvertisementSchauffele, seeking his first major championship, has led after each round of the PGA Championship, but shares it for the first time with Morikawa, who is looking for major No. Shane Lowry (who shot a PGA Championship record-tying 62), Bryson DeChambeau and Viktor Hovland are tied for fourth at 13-under. Theegala ticking off his first major championship and contending on the biggest stage of his career. Justin Rose becoming the first Englishman to win the PGA Championship in 100 years.

Persons: — Scottie Scheffler, Collin Morikawa, Xander Schauffele, Schauffele, Morikawa, Sahith, Shane Lowry, Bryson DeChambeau, Viktor Hovland, Justin Rose, Robert MacIntyre, Dean Burmester, Scheffler, bogeys, Ted Scott, Scott, Lowry, Hovland, Joe Mayo, MacIntyre, Hodges, Andrew Redington Organizations: PGA, Valhalla Golf Club, Ryder, Scheffler, Valhalla Locations: LOUISVILLE, Ky

☆ Jeff Bezos' Blue Origin is about to fly people to space for the first time in 2 years. Here's why it took so long.
▼ + stars: | 2024-05-17 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +6 min

Read previewJeff Bezos' private space company, Blue Origin, recently announced its plans to launch a crew of six aboard its New Shepard rocket this Sunday. Still, late last year, Jeff Bezos told Lex Fridman on Fridman's podcast that "Blue Origin needs to be much faster." About one minute into the flight, Blue Origin lost the first-stage booster due to a faulty nozzle in the booster's engine. Blue OriginVirgin Galactic and Blue Origin are both in the suborbital space tourism business. Bezos says Blue Origin's culture isn't fast enoughJeff Bezos founded Blue Origin in 2000.

Persons: —, Jeff Bezos, Sara Sabry, Lex Fridman, Shepard, New Shepard, That's, ULA, Ted S, Warren, Bezos, Fridman Organizations: Service, Shepard, Business, Virgin Galactic, SpaceX, Origin, Federal Aviation Administration, Italian Air Force, Virgin, Glenn, United Launch Alliance, Rocket, NASA, US Space Force, AP Locations: Texas, New, Glenn, ULA

☆ Scottie Scheffler: The new father and man of faith with the golfing world at his feet
▼ + stars: | 2024-05-17 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

CNN —Scottie Scheffler is a man well-accustomed to making global headlines, but almost never for events beyond the confines of the golf course. In 2014, at 17, as an amateur he made a hole-in-one and the cut on his first PGA Tour start. Without a PGA Tour victory heading into 2022, by April of that year he was a four-time victor, the world No. 1’s image as the self-effacing star of the PGA Tour, a perception he is content to endorse. His 10th PGA Tour title, it made him the first golfer since Woods in 2006 to win a PGA Tour event the week after triumphing at a major.

Persons: Scottie Scheffler, Tiger Woods, Scheffler, Ryder, Scheffler coasted, “, Meredith, ” Scheffler, Ted Scott, ” Scottie Scheffler, David J, Phillip, Mary, Grandma, CNN Sport’s Don Riddell, Jared C, Tilton, Scheffler’s, Riddell, ”, I’m, I’ve, golf’s, Jamie Squire, Arnold Palmer, Andrew Redington, Bennett, Woods, triumphing, Rory McIlroy, Scott Organizations: CNN, Dallas, PGA, Augusta National, University of Texas, TPC, PGA Tour, Cowboys, Team USA, Ryder, Arnold Palmer Invitational, RBC Heritage, Northern Locations: Ridgewood , New Jersey, Augusta, Ponte Vedra Beach , Florida, Dallas, Rome, Valhalla, Louisville

☆ 1 in 7 Gen Z credit card users are ‘maxed out’
▼ + stars: | 2024-05-17 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

CNN —Ariel Barnes plunged into a credit card debt spiral in college, and a decade later she’s yet to escape. Barnes, a manager of gift processing at Jackson State University, has maxed out seven credit cards and is struggling to make minimum payments on $30,000 of credit card debt. Roughly one in seven (15.3%) Gen Z credit card borrowers have maxed out their credit cards, according to new research from the Federal Reserve Bank of New York. For instance, the median Gen Z borrower’s credit limit is just $4,500, compared with $16,300 for Millennials and $21,800 for Gen X, the NY Fed said. There’s never a good time to carry a credit card balance, but right now is arguably the worst time.

Persons: CNN — Ariel Barnes, Barnes, ” Barnes, Baby Boomer, Xers, ”, “ I’ve, Zers, Ted Rossman, Gregory Daco, ” Daco, haven’t, X, it’s, There’s, That’s, Daco, CNN’s Alicia Wallace Organizations: CNN, Jackson State University, Federal Reserve Bank of New, Fed, NY Fed, Bankrate.com, Wall, NY, Federal Locations: Jackson , Mississippi, Federal Reserve Bank of New York

☆ Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
▼ + stars: | 2024-05-16 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewInflation and interest rates are still high, but Americans shouldn't count on any relief just yet. Advertisement"The status of the battle against inflation requires that interest rates remain elevated in the near-term," Hamrick said. "The first quarter in the United States was notable for its lack of further progress on inflation," Powell said during the panel. But while job seekers and workers may find this cooldown concerning, that moderation is also welcome and the labor market is still strong. "Paired with high borrowing costs — like high interest rates on your credit cards — and the current economy can feel quite uncomfortable," Renter added.

Persons: —, That's, Mark Hamrick, Hamrick, Jerome Powell, Powell, Joanne Hsu, Nick Bunker, Ted Rossman, Rossman, Elizabeth Renter, Renter, it's Organizations: Service, Federal Reserve, Bureau of Labor Statistics, CPI, Business, Federal, University of Michigan, North America Locations: Amsterdam, United States, —

☆ 'MoviePass, MovieCrash' showcases the catastrophic behind-the-scenes story of the movie-ticket subscription app
▼ + stars: | 2024-05-16 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe upcoming HBO documentary, "MoviePass, MovieCrash" chronicles the meteoric rise and fall of the movie-ticket subscription company MoviePass. This story is available exclusively to Business Insider subscribers. (Both Lowe and Farnsworth were charged with securities fraud in 2022 and are awaiting trial.) "MoviePass, MovieCrash" is produced by Assemble Media and Mark Wahlberg's Unrealistic Ideas ("McMillions").

Persons: —, MoviePass, Stacy Spikes, Spikes, Hamet Watt, Mitch Lowe, Ted Farnsworth, Lowe, Farnsworth, Mark Wahlberg's Organizations: Service, HBO, Netflix, Business, Helios, Matheson Analytics, Media

Netflix's cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That's nearly double the 23 million figure the streaming giant shared in January. The company also said it would launch its own advertising platform and no longer partner with Microsoft for that technology. The tech giant will remain a programmatic advertising partner, but will also be joined by other ad tech companies including The Trade Desk, Google Display & Video 360 and Magnite. The streaming giant joined its media peers for the second time in making an annual pitch to lock in advertising for its platform.

Persons: That's, Ted Sarandos, Sarandos Organizations: Microsoft, Netflix, National Football League, CNBC, NFL Locations: Canada, U.S

☆ Netflix to stream Christmas Day NFL games for three years
▼ + stars: | 2024-05-15 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Netflix will stream Christmas Day NFL games for the next three years, in its first true step into live sports. The streaming platform will show two games on Christmas Day this year, followed by at least one matchup in both 2025 and 2026, the league announced Wednesday. It is unclear how much Netflix paid for the rights to stream the games. Now, Netflix will stream games for the most watched U.S. sports league, at a time when it is trying to boost profits by raising subscription prices, pushing users toward an ad-tier membership and cracking down on password sharing. The three Christmas Day NFL games averaged 28.68 million viewers last year, according to Sports Media Watch.

Persons: Mike Tyson, Jake Paul, We've, Ted Sarandos, Sarandos Organizations: Netflix, NFL, Sports Media Watch Locations: Los Angeles

☆ U.S. to Stop Buying Russian Uranium, Cutting Cash to Moscow
▼ + stars: | 2024-05-14 | by ( Max Bearak | ) www.nytimes.com time to read: +1 min

President Biden signed a bill into law on Monday night banning the import of uranium enriched in Russia. Russia controls nearly half the world’s enrichment capacity, and American electric utilities have been spending around $1 billion per year on the fuel to run their reactors. It provides waivers for utilities that would be forced to shut down nuclear reactors, allowing them to continue imports until 2028. Russia’s government has threatened in the past to unilaterally halt exports to the United States if a ban were put into effect. Speaking to reporters on Tuesday, the Kremlin spokesman, Dmitri S. Peskov, did not reiterate the threat but called the bill “unfair.”

Persons: Biden, Ted Cruz, Dmitri S, Peskov, ” Organizations: Texas Republican, Kremlin Locations: Russia, Texas, United States

☆ Credit card delinquencies rise as more Gen Z cardholders are maxed out, New York Fed research shows
▼ + stars: | 2024-05-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Over the last year, roughly 8.9% of credit card balances transitioned into delinquency, the New York Fed found. Credit card rates top 20%At the same time, credit cards have become one of the most expensive ways to borrow money. As the federal funds rate rose, the prime rate did, as well, and credit card rates followed suit. "With the Fed likely to keep rates higher for longer, credit card rates should remain high for the foreseeable future," Rossman said. What to do if you're in credit card debt

Persons: Bankrate, Ted Rossman, Rossman Organizations: Federal Reserve Bank of New, New York Fed Locations: Federal Reserve Bank of New York

"We're like the engine room of the company," Hassabis told CNBC, speaking about his newly integrated AI unit within Google. Last month, Alphabet CEO Sundar Pichai merged Hassabis' DeepMind with Google Brain, a separate AI team, and selected Hassabis to lead the group. DeepMind CEO Demis Hassabis at a 2017 event in China. During his career at DeepMind and then at Google, Hassabis dominated the field of AI. Microsoft CEO Satya Nadella (R) speaks as OpenAI CEO Sam Altman (L) looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023.

Persons: He's, Hassabis, Sundar Pichai, It's, Demis Hassabis, Geoffrey Hinton, Hinton, DeepMind, Elon Musk, OpenAI, Satya Nadella, Sam Altman, Justin Sullivan, Critics, they've, ChatGPT, AlphaFold, Eli Lilly Organizations: Google, CNBC, Microsoft, Elixir Studios, Hassabis, Washington Post, Employees, Novartis, TED Locations: China, DeepMind, San Francisco, ChatGPT, LLMs

☆ The biggest bombshells from Michael Cohen's testimony were all in Trump's own words
▼ + stars: | 2024-05-13 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +11 min

But in his under-oath testimony for Trump's criminal trial Monday, Cohen placed Trump firmly in the room where it happened. AdvertisementIn 2015, Trump told Cohen he would run for president. When Cohen told Trump about it, his response was, "She's really beautiful," Cohen said. According to Cohen, Trump's goal was to postpone the payment until after the November 2016 election, at which point he didn't think it would matter. "I used quite a few expletives," complaining to Weisselberg, Cohen told jurors.

Persons: —, Michael Cohen, Stormy Daniels, Donald Trump's, Cohen, Trump, Trump's, Daniels, Karen McDougal, Donald Trump, Jon Kopaloff, Curtis Means, Steve Granitz, " Cohen, David Pecker, Hillary Clinton, Ted Cruz's, Lee Harvey Oswald, Marco Rubio, Pecker, Melania Trump, — Cohen, TheDirty.com, Keith Davidson, Allen Weisselberg, Brendan McDermid, didn't, Weisselberg, Cohen he'd, Allen, Michael, stiffed, Susan Hoffinger Organizations: Service, Business, Trump, American Media Inc, National Enquirer, AMI, Republican, Washington Post, Manhattan Criminal Court, Reuters, Trump Organization Locations: Manhattan, Trump, Mar, Florida

☆ I tried all the flavors of Olipop prebiotic soda I could find and ranked them from worst to best
▼ + stars: | 2024-05-13 | by ( Ted Berg | ) www.businessinsider.com time to read: 1 min

Of the 16 varieties I tried, watermelon-lime was the only flavor I found to be off-putting. I was initially excited about Olipop's watermelon-lime flavor. Ted BergI was really excited about Olipop's watermelon-lime flavor — until I took my first sip. Out of the 16 flavors I tried, this was the only one I found to be truly off-putting. My wife tried both cans and didn't care for it either.

Persons: Ted Berg

☆ From Mike Tyson-Jake Paul fight to NFL games, Netflix interest in live sports is rising
▼ + stars: | 2024-05-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +7 min

The company has also leaned into live comedy shows, broadcasting a slew of events including the recent roast of Tom Brady. But on its most recent earnings call in April, co-CEO Ted Sarandos said Netflix isn't "anti-sports, but pro-profitable growth." Conway teaches courses about sports leadership and management, and he spent much of his career as a marketing executive for two Major League Baseball teams. Over the past few years, Apple has bought the rights to air Major League Baseball and Major League Soccer games. CNBC reported last year that Netflix, as well as Amazon, Apple, Comcast's NBCUniversal/Peacock, had expressed potential interest in a contract.

Persons: Rafael Nadal, Tom Brady, Sarandos, Ted Sarandos, Mike Tyson, Jake Paul, Marty Conway, Conway, Needham, Laura Martin, Martin, Brandon Katz, Katz, NBCUniversal, Peacock, William Mao, Octagon, Tyson, Paul, Mao Organizations: Netflix, WWE, Georgetown University, Major League Baseball, Apple, Disney, Warner Bros . Discovery, Fox, Warner Bros, Major League Soccer, National Football League, National Basketball Association, CNBC, NFL, NBA, Comcast

☆ Warren Buffett is battling a bargain drought — and pared his Apple bet because it's a 'one-trick pony,' expert says
▼ + stars: | 2024-05-11 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Warren Buffett is building up cash because he can't find anything better, Ted Oakley said. Buffett probably cut his Apple stake to reduce his exposure to the "one-trick pony," Oakley said. AdvertisementWarren Buffett is stacking up cash because he's battling a bargain drought — and he likely trimmed Apple because he felt overexposed to the iPhone maker, one expert says. AdvertisementApple accounted for half of Berkshire's $354 billion stock portfolio at the end of December. "Warren Buffett knows that," he said.

Persons: Warren Buffett, Ted Oakley, Buffett, Oakley, —, overexposed, Berkshire Hathaway, Buffett's Organizations: Service, Oxbow Advisors, Apple, Oxbow Locations: pouncing, Berkshire, China, Russia, India, Saudi Arabia

☆ Googlers reportedly grilled execs over low morale after staff missed out on pay rises while earnings surged
▼ + stars: | 2024-05-10 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewGoogle execs have been facing tough questions from employees after the company reported blowout earnings last month. The company reported a year-on-year revenue increase of about 15% and issued its first dividend of 20 cents a share . Googlers wanted to know why the revenue boost wasn't leading to higher pay or an end to some of the company's cost-cutting measures, CNBC reported. AdvertisementHowever, a Google spokesperson told CNBC most employees would receive a pay raise this year, including equity grants and bonuses. AdvertisementDuring the all-hands, Pichai told workers the company had hired too much staff during the pandemic, per CNBC.

Persons: —, Googlers, Sundar Pichai, Ruth Porat, Pichai Organizations: Service, Business, CNBC, Finance, TED, Google

☆ Ted Cruz, Better Known For Derailing Bills, Tries on a New Hat: Legislator
▼ + stars: | 2024-05-10 | by ( Kayla Guo | ) www.nytimes.com time to read: +1 min

Senator Ted Cruz is rebranding — at least for now. But for the first time this week, Mr. Cruz, now the senior Republican on the Commerce Committee, embraced a wholly unfamiliar role: managing a major piece of legislation on the Senate floor. It came as Mr. Cruz, who is running for re-election in November, is trying to moderate his reputation in Texas and present himself as capable of bipartisanship. That involved protecting the package from the sort of legislative and procedural bombs he has lobbed proudly throughout his career. “I will admit that I’ve had a couple of chuckles about it,” Senator Susan Collins of Maine, the top Republican on the Appropriations Committee, said with a smile.

Persons: Ted Cruz, Cruz, “, I’ve, Susan Collins of Organizations: Texas Republican, Affordable, Republican, Commerce, Federal Aviation Administration Locations: Texas, Susan Collins of Maine

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