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☆ Brazil set to join the influential OPEC+ oil producers' alliance
▼ + stars: | 2023-11-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world, according to Brazilian Energy Minister Alexandre Silveira. The announcement was made during a postponed OPEC+ meeting to discuss oil output strategy over 2024, amid languishing prices weighed by fragile demand recovery in China, geopolitical risks and uncertainty over supplies from U.S.-sanctioned OPEC members Iran and Venezuela. In footage shared from the meeting, Silveira said that President Lula da Silva had approved his country's membership, starting next year. "I would like to conclude my words by informing you that the honorable President Lula confirmed our entry into the OPEC+ cooperation charter from January 2024," he said. "Brazil received an invitation to join OPEC+.

Persons: Luiz Inacio Lula da Silva, Alexandre Silveira, Silveira, Lula da Silva, Lula Organizations: Brazilian Energy, OPEC, Mines and Energy, United Arab Locations: Brazil, OPEC, China, U.S, Iran, Venezuela, Saudi Arabia, Russia, United Arab Emirates, Brasilia, Correction

DURHAM, N.C. (AP) — Duke made a rapid climb under Mike Elko. Now they're searching for a new football coach after an unusually short tenure. Texas A&M officially named Elko its next football coach on Monday, ending Elko's two-year stint that saw the Blue Devils win 16 games and twice reach bowl games. That marked only the second time in nearly a century that a Duke coach was on the job for three or fewer seasons. Elko won nine games and a bowl in his debut season, then guided Duke to a seven-win regular season with a weekend win against Pittsburgh.

Persons: — Duke, Mike Elko, Duke, Nina King, “, ” King, Elko, David Cutcliffe’s, Steve Spurrier, King, Trooper Taylor, GameDay ”, ___ Organizations: Texas, Blue Devils, NCAA, Atlantic Coast Conference, Elko, Spurrier, Devils, Southern Conference, ACC, Pittsburgh, Clemson, ESPN's “, GameDay, Notre Dame, AP Locations: DURHAM, N.C, Elko, Durham, Florida

☆ NFL's Black Friday game is the latest warning sign for traditional TV
▼ + stars: | 2023-11-24 | by ( Drew Richardson | ) www.cnbc.com time to read: +5 min

And with the game streaming the day after Thanksgiving, Amazon could capture some of the holiday viewership, which broke records last year. ESPN's pivotESPN has long ruled sports programming on traditional TV. Yet even as the streaming trend picks up, sports programming is helping keep cable and traditional TV alive, for the moment. Earlier this year, data firm Nielsen reported that traditional TV made up less than half of overall TV usage in July. A FOX Sports TV camera operator during the week 5 NFL game between the Atlanta Falcons and the Carolina Panthers at Mercedes-Benz Stadium on October 11, 2020 in Atlanta, Georgia.

Persons: Jacob Kupferman, National Football League's, it's, Brian Rolapp, CNBC's Julia Boorstin, Garth Brooks, Nielsen, Tim Nollen, John Hodulik, Bob Iger, CNBC's Boorstin, Patrick, David J, Griffin Organizations: Miami Dolphins, New York Jets, National Football, Amazon's, NFL, Detroit Lions, Dallas Cowboys, Fox, CBS, NBC, YouTube, Warner Bros, ESPN, UBS, Disney, Fox Sports, FOX Sports, Atlanta Falcons, Carolina Panthers, Mercedes, Benz, Getty Locations: Atlanta , Georgia

☆ Luxury brands are pushing their growth plans back to 2025-26, says Charter's Ray Washburne
▼ + stars: | 2023-11-24 | 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 EmailLuxury brands are pushing their growth plans back to 2025-26, says Charter's Ray WashburneRay Washburne, Charter Holdings CEO, joins 'Squawk on the Street' to discuss the record Black Friday shopping that's expected, the impact of inflation, and more.

Persons: Charter's Ray Washburne Ray Washburne Organizations: Charter Holdings

☆ The Crown, the Cabinet and the UK’s legacy of slavery
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +11 min

British banks backed large parts of the U.S. slavery economy, and British factories were the world’s largest customers for the cotton produced by plantations in southern U.S. states. In 1663, it was granted a monopoly by King Charles II for the British slavery trade. In 1794, Eli Whitney patented the cotton gin, a machine that would transform the U.S. slavery economy. Mill owners including the Arkwrights, one of the richest families in the industry, were Smith family clients. Two British travel writers visited Farm Pen in 1837, when the land was still in Smith family hands.

Persons: ”, Nick Draper, George Smith, King Charles, Hunt, Trevor Burnard, “, ” Burnard, Smith, Edward, René Payne, Payne, John Tunno, John de Ponthieu, … ” Edward Payne, slaveholder John de Ponthieu, de Ponthieu, buryed, King Charles II, John Montagu, Edward Montagu, Montagu, ” John Montagu 11th Earl of Sandwich, Edward Montagu , 1st Earl of Sandwich, Nicholas Radburn, ” Radburn, Brookes, –, Eli Whitney, Rothschild, Geoffrey Clifton, Brown, William, James Brown, James, Clifton, Harriman, Draper, Morgan Chase, Joseph Sturge, Thomas Harvey Organizations: America, University College London, “, Wilberforce Institute, University of Hull, ”, Reuters, Company of Royal Adventurers of, Royal African Company, The Company, Royal Adventurers of, Lancaster University, Traders, Transatlantic, Brown Brothers, Brown, Harriman & Co, Planters Bank of Tennessee, Planters Bank of Mississippi, Rio, Spanish Town Locations: Britain, U.S, British, Caribbean, British Caribbean, America, English, Nottingham, London, West India, Bristol, Liverpool, United States, South Carolina, Charleston, Barbados, Africa, North, Clifton, New York, Louisiana and Mississippi, Louisiana, Jamaica, Kingston, Spanish

☆ U.S. to Restrict Visas of Charter Operators Flying Migrants to Nicaragua
▼ + stars: | 2023-11-22 | by ( Juan Montes | José De Córdoba | ) www.wsj.com time to read: 1 min

Haitians were waiting to board a flight from Port-au-Prince to Nicaragua in late October as the Haitian government banned all charter flights to the Central American nation. Photo: Odelyn Joseph/Associated PressThe U.S. government said Tuesday it would impose visa restrictions on individuals running charter flights into Nicaragua, flooding the Central American country with tens of thousands of U.S.-bound migrants, mostly from Haiti, Cuba and Africa. The authoritarian government of Nicaraguan President Daniel Ortega , which has strained ties with the U.S., has in recent months allowed several little-known charter airlines and travel agencies to operate flights from Haiti, Cuba and other Caribbean airports to Nicaragua, according to Haitian and Nicaraguan civil aviation data.

Persons: Odelyn Joseph, Daniel Ortega Organizations: Central, Associated Press, Nicaraguan, U.S Locations: Port, Prince, Nicaragua, Central American, American, U.S, Haiti, Cuba, Africa

☆ Warren Buffett celebrates Thanksgiving with a nearly $900 million gift - and details what will happen to his fortune after his death
▼ + stars: | 2023-11-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Warren Buffett has made giving away Berkshire Hathaway stock a Thanksgiving tradition. He just donated $866 million worth of shares to his family's foundations, echoing last year's gift. Buffett discussed wealth and philanthropy, and revealed fresh details about his estate planning. The famed investor donated close to $900 million worth of his company's stock to four of his family's foundations on Tuesday, topping his nearly $800 million gift last November. He gave 1.5 million B shares to The Susan Thompson Buffett Foundation, named after his late wife, and 300,000 shares to each of his three children's organizations: The Sherwood Foundation, The Howard G. Buffett Foundation, and NoVo Foundation.

Persons: Warren Buffett, Buffett, —, Warren Buffett's, Susan Thompson Buffett, Howard G, Melinda Gates, — Howard, Susan, Peter —, Greg Abel Organizations: Berkshire Hathaway, Service, Berkshire Hathaway's, Susan Thompson Buffett Foundation, The Sherwood Foundation, Buffett Foundation, NoVo Foundation, Melinda Gates Foundation, Berkshire Locations: Berkshire

☆ VCs didn't care about OpenAI's weird board structure. It was all about investing in Sam Altman and its 'transformative' tech.
▼ + stars: | 2023-11-22 | by ( Madeline Renbarger | Vishal Persaud | ) www.businessinsider.com time to read: +5 min

OpenAI's venture capital investors weren't thinking about its mission to serve "humanity" by developing artificial intelligence. After Altman's ouster, Vinod Khosla, an early investor in OpenAI, came to his defense despite the criticism. OpenAI's complex and unique corporate governance structure meant that VCs could invest in the capped profit entity, but never earn any influence over the nonprofit board of directors, all of whom were either cofounders or appointed outside AI experts. The board structure and its governance are all likely to change as part of the deal to bring Sam Altman back as CEO of OpenAI. The purpose of the newly formed OpenAI board – consisting of current board member D'Angelo, former US Treasury Secretary Larry Summers, and former Salesforce co-CEO Bret Taylor – is to vet and potentially appoint an expanded board of up to nine people, and that Microsoft and Altman want board seats, The Verge reported.

Persons: Sam Altman, OpenAI, Altman, VCs, Sam, Altman's, Vinod Khosla, Yunus, Khosla, Wesley Chan, Greg Brockman, Ilya Sutskever, Tasha McCauley, who's, Joseph Gordon, Levitt, Helen Toner, Adam D'Angelo, Karthee Madasamy, it's, David Sacks, D'Angelo, Larry Summers, Bret Taylor – Organizations: Business, Tiger Global Management, Khosla Ventures, Sequoia Capital, Microsoft, FPV Ventures, Rand Corporation, Georgetown's Center for Security, Emerging Technology, MFV Partners, Qualcomm Ventures, Ikea, Bosch, Novo Nordisk Foundation, Bertelsmann Foundation, Carlsberg Foundation, Craft Ventures Locations: OpenAI, Silicon Valley, Hollywood

☆ 9 passenger airliners that have landed on Antarctica's rugged runways made out of blue ice
▼ + stars: | 2023-11-22 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

These planes land on rugged, unpaved runways mostly made of blue ice and compacted snow. PrivatAir's Boeing 737 and Smartwings' Boeing 737 MAXA Smartwings 737 MAX on Antarctica in January 2022. It was the first time the jet type landed on one of the continent's blue ice runways. Another Loftleider 757 is set to ferry Antarctic Ice Marathon runners to Union Glacier this December. Loftleider Icelandic Airlines' and Titan Airways Boeing 767Titan Airways' Boeing 767 on Antarctica.

Persons: —, George Hubert Wilkins, Glenn Jacobson, PrivatAir, NPI, Tim Hewette, Troll, Fang, Patrick Woodhead Organizations: Atlantic Airways, Boeing, Service, Lockheed Vega, Airbus, Australian Antarctic, Australian, Skytraders, Australian Antarctic Program, McMurdo, AAP, Norwegian Polar Institute, Swiss, NPI, Boeing's, Airlines, Titan Airways, Antarctic Logistics, Expeditions, Antarctic Logistics & Expeditions, Antarctic Ice, Russian Antarctic, Titan Airways Boeing, Norse Atlantic Airways, Emirates, White Desert Locations: Antarctica, Skytraders, Christchurch , New Zealand, Hobart, Australia's, Tasmania, Cape Town , South Africa, Czech, Chile, Russian, NPI, Norway, Cape Town, Russia's

☆ Opinion: The deep moral dilemma at the heart of the hostage deal
▼ + stars: | 2023-11-22 | by ( Frida Ghitis | ) edition.cnn.com time to read: +8 min

The deal, however, is hardly the stuff of unalloyed joy – for Palestinians or for Israel. And the deal arguably strengthens Hamas, allowing it to claim credit, catch its breath and regroup. But their voices were drowned by the strength of the hostages’ families. They simultaneously support the government’s aim of fighting Hamas so it can no longer threaten Israel. It’s a sign of a deep moral dilemma that will continue playing out in profound human suffering.

Persons: Frida Ghitis, Israel, –, Cpl, Gilad Shalit, Shalit, Yahya Sinwar, Israel –, It’s, Frida Ghitis It’s, Benjamin Netanyahu, Mohammed Al, Masri, embeds, Iran –, ”, “ Organizations: CNN, Washington Post, Politics, Hamas, Frida Ghitis CNN, Gaza, Israel’s Locations: Israel, Gaza, Sinwar, Egypt, Sinai, Iran, Palestinian

☆ OpenAI calls time on alt-governance experiment
▼ + stars: | 2023-11-22 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

But the stakes at OpenAI, which develops the potentially world-reshaping ChatGPT, are higher. To stay true to its charter, the board must be ready to take actions that financial backers find intolerable. When it threatened to hire Altman and his staff, it effectively swiped the company out from under the board. Follow @JMAGuilford on XCONTEXT NEWSSam Altman has been reinstated as the chief executive of ChatGPT developer OpenAI, the company said on Nov. 21. The non-profit company that governs the startup had announced on Nov. 17 that its board had decided to fire Altman.

Persons: Sam Altman, –, Mark Zuckerberg, Satya Nadella, Altman, Larry Summers, John Foley, Sharon Lam Organizations: Reuters, Microsoft, OpenAI’s, Google, Thomson Locations: OpenAI

☆ Opinion | Early College Is the Equalizer We Need
▼ + stars: | 2023-11-21 | by ( John Mcwhorter | ) www.nytimes.com time to read: +2 min

In New York City, for example, the Bard Early College branches in Manhattan and Queens are sterling examples. For example, the Bard Early College programs focus on giving this opportunity to underprivileged kids by encouraging them to apply. Eighty-six percent of Bard Early College students go on to get B.A.s within six years, as opposed to a national average of 63 percent of college students who graduate. However, early college programs should play a larger role in those conversations, given the high rates at which their students graduate from college. Also, early college students have to pay for only two years of college.

Persons: Bard Organizations: Bard Early, Bard Early College Locations: New York City, Manhattan, Queens, Newark , Cleveland , New, Hudson Valley , New Orleans, Baltimore, Washington

☆ Highlights of Canada's fall economic statement
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +3 min

Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland walk holding the 2023-24 budget, on Parliament Hill in Ottawa, Ontario, Canada, March 28, 2023. REUTERS/Patrick Doyle/File Photo Acquire Licensing RightsOTTAWA, Nov 21 (Reuters) - Following are some of the commitments the Canadian government made in its Fall Economic Statement released on Tuesday. *invest an additional C$15 billion in new loan funding, starting in 2025-26, for the Apartment Construction Loan Program, for a total of more than C$40 billion in loan funding. This investment will support more than 30,000 additional new homes, bringing the contribution to more than 101,000 new homes supported by 2031-32. *propose to spend C$50 million over three years, starting in 2024-25, to support municipal enforcement of restrictions on short-term rentals.

Persons: Justin Trudeau, Chrystia Freeland, Patrick Doyle, Steve Scherer, David Ljunggren Organizations: Canada's, Finance, REUTERS, Rights OTTAWA, Affordable Housing Fund, Canadian Mortgage Charter, Canadian Radio, Telecommunications Commission, Canadian Transportation Agency, Canada Mortgage, Thomson Locations: Ottawa , Ontario, Canada

☆ Sam Altman's firing at OpenAI reflects schism over future of AI development
▼ + stars: | 2023-11-20 | by ( Greg Bensinger | Thomson Reuters | Greg Bensinger Joined Reuters As A Technology Correspondent In Focusing On The World'S Largest Technology Companies. He Was Previously A Member Of The New York Times Editorial Board | ) www.reuters.com time to read: +5 min

To many, he was considered the human face of generative AI. Those worries over generative AI came to a head with the surprise ousting of Altman, who was also OpenAI's cofounder. “Does the future then belong to the machines?”Sutskever reportedly felt Altman was pushing OpenAI’s software too quickly into users’ hands, potentially compromising safety. The fate of OpenAI is viewed by many technologists as critical to the development of AI. He advocated on social media in September for a "slowing down" of AI development.

Persons: Sam Altman, Altman, Ilya Sutskever, –, ”, Connor Leahy, Sutskever, OpenAI, Biden, Emmett Shear, Greg Bensinger, Kenneth Li, Matthew Lewis Organizations: FRANCISCO, Microsoft, European Union, Thomson Locations: OpenAI, San Francisco

Charley GrantCharley Grant is a banking reporter at The Wall Street Journal based in New York. Previously, he was a Heard on the Street columnist. He is a CFA charter holder.

Persons: Charley Grant Charley Grant Organizations: Wall, Journal, CFA Locations: New York

☆ Between Israelis and Palestinians, a Lethal Psychological Chasm Grows
▼ + stars: | 2023-11-20 | by ( Roger Cohen | More About Roger Cohen | ) www.nytimes.com time to read: +2 min

But in general the decades since the collapse of the Oslo Accords in 1993 have accentuated the psychological gulf. Day-to-day interaction between Israelis and Palestinians in the West Bank and Gaza has been drastically reduced by walls and fences in a push for physical separation. In the intervening decades, Hamas and the ultranationalist religious Israeli right have each extended their influence. “On the Palestinian side, the ideal solution has become that Israel disappear,” Professor Shany said. “On the Israeli side, there is a desire for Gaza to go away, even if that means bombing it away.

Persons: Yitzhak Rabin’s, “, God, Jordan, Peace, ”, Yuval Shany, Mahmoud al, Shany Organizations: Oslo Accords, West Bank, Hebrew University of Jerusalem Locations: Oslo, Gaza, Palestine, France, Germany, Alsace, Lorraine, Ireland, Israel, “ Israel, Ethiopia, Poland, America

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

☆ OpenAl is building the most powerful tech in the world. The public should be told what Sam Altman lied to the board about.
▼ + stars: | 2023-11-19 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

The board accused CEO Sam Altman of not being "candid" when they fired him. AdvertisementElon Musk has multiple axes to grind when it comes to OpenAl and its cofounder Sam Altman. "He was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," OpenAl said. AdvertisementThat's an unusual charter for a tech startup or most other private companies, which usually exist to primarily make a profit and provide investors with a return. Musk has also launched a competing Al research group, so chaos at OpenAl could be relatively good for that initiative.

Persons: OpenAI, Sam Altman, —, Elon Musk, OpenAl, Altman, Musk, Toby Ord, Altman's, didn't, Ilya Sutskever, Sutskever, cofounders Organizations: Service, Oxford University, Big Tech, Bloomberg, Al, The New York Times Locations: OpenAl

☆ How OpenAI so royally screwed up the Sam Altman firing
▼ + stars: | 2023-11-19 | by ( David Goldman | ) edition.cnn.com time to read: +8 min

A company’s board of directors has an obligation, first and foremost, to its shareholders. Strange board structureThe bizarre structure of OpenAI’s board complicated matters. And some, including former OpenAI board member Elon Musk, fear the technology will surpass humanity in intelligence and could wipe out life on the planet. Microsoft, despite its massive stake, does not hold an OpenAI board seat, because of the company’s strange structure. Alternatively, it could become a competitor to Altman, who may ultimately decide to start a new company and drain talent from OpenAI.

Persons: New York CNN —, Sam Altman, Altman, –, Bing, “, Kara Swisher, weren’t, Greg Brockman, Brockman, OpenAI, mulligan, Ilya Sutskever, they’re, Swisher, Elon Musk, Mark Zuckerberg, OpenAI’s, Satya Nadella Organizations: New, New York CNN, Microsoft, Altman, Co, Office, Google, Amazon, IBM, Economic, Twitter, Wall Street, New York Times Locations: New York, Silicon Valley, Bing

☆ OpenAI's unique corporate structure left Sam Altman vulnerable. Now he's out
▼ + stars: | 2023-11-18 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

Leah Millis | ReutersOpenAI's unusual company structure weakened Sam Altman's position as CEO and left him open to surprise on Friday when he was quickly ousted from the company. But Altman and co-founder Greg Brockman, who also left OpenAI Friday, didn't have the power that Kalanick had. "I have no equity in OpenAI," Altman said in a May Senate hearing on A.I. OpenAI's capped profit structureThe easiest way to think of OpenAI's structure is to picture a waterfall. Limited returnsOpenAI added its capped profit OpenAI Global subsidiary in 2019.

Persons: Sam Altman, OpenAI, Chuck Schumer, Leah Millis, Sam Altman's, Travis Kalanick, Altman, Greg Brockman, didn't, Kalanick, John Kennedy's, Kennedy, – Organizations: Intelligence, Senate, U.S, Capitol, Reuters, OpenAI, Microsoft, OpenAI Inc, Global Locations: Washington , U.S, OpenAI

“The museum gives an opportunity to works of art that, for whatever reason, at some point had been banned, attacked, censored, or canceled, because there are so many,” Rodrigo told The Associated Press. Political Cartoons View All 1256 ImagesFive years later, Benet's idea became the Museum of Forbidden Art, which opened its doors in October. As more works come under attack, people like art critic and curator Gabriel Luciani say the exhibit is essential. “(But) it is true that most of the works on display are from the years 2010 to 2020. Rodrigo said her museum hopes it won't see any attacks because visitors should come prepared to be shocked.

Persons: Donald Trump, Robert Mapplethorpe, Spain's, Pablo Picasso, Rosa Rodrigo, —, ” Rodrigo, Tatxo Benet, ”, Gabriel Luciani, Michelangelo’s David, Andres Serrano, ” Luciani, Zoulikha, Bouabdellah, Charlie Hebdo, Prophet Muhammad, Zoya Falkova, Goya, Picasso, Klimt, Illma Gore, Gore, Chuck Close, Fries, Charo Corrales, Mary, Rodrigo, Hernán Muñoz Organizations: Barcelona's Museum, Forbidden, Associated Press, Museum, Trump, Facebook, Forbidden Art, Catholic Locations: BARCELONA, Spain, ”, Europe, Hong Kong, Florida, Algerian, Clichy, France, Paris, Kazakh, Evermust, Kyrgyzstan, Los Angeles, American, McDonald’s, London, Barcelona

☆ Bayard Rustin biopic spotlights organizer of the March on Washington
▼ + stars: | 2023-11-18 | by ( John Blake | ) edition.cnn.com time to read: +12 min

“Rustin,” a biopic that depicts how Rustin navigated a gantlet of personal and political hurdles to pull off the March on Washington, debuts on Netflix today. Rustin was the “glue guy” leader for the civil rights movement. Colman Domingo, center, as Bayard Rustin in "Rustin," which premiered Nov. 17 on Netflix after a brief run in theaters. Colman Domingo as Bayard Rustin exhorts young civil rights volunteers in a scene from "Rustin." Some of that patriotism may seem naïve now, but it furnished the civil rights movement with tremendous vitality.

Persons: Bayard Rustin, Clark, Rustin, Martin Luther, “, Puddington, “ He’d, ” Puddington, “ Rustin, ”, Michelle Obama’s, “ Bayard Rustin, Michael G, George C, Wolfe, Colman Domingo, Martin Luther King Jr, ” Rustin, it’s, Malcolm X, Elijah Muhammad, Malcolm, Philip Randolph, Glynn Turman, Randolph, King, King —, Gandhi, ” Bayard Rustin, Donaldson, Michael Ochs, King he’s, Black, Omar Bradley, Parrish Lewis, Netflix Rustin, Ella Baker, Ying, Yang, Martin, Rebecca Solnit, “ Hope, ” Solnit, Bayard Rustin exhorts, David Lee, President’s, Obama’s, “ Bayard, Martin Luther King's, American Gandhi, Mr, Cathy Young, ” John Blake Organizations: CNN, Washington, Netflix, Rustin, Lincoln Memorial, Denver Post, of Prisons, Michael Ochs Archives, Getty, NBA, “, Society, Freedom, Quaker Locations: Washington, Inside Ashland, ”, Islam, Vietnam, India, Pennsylvania's Lewisburg, American, America, Europe, New York City

☆ US imposes visa restrictions over actions 'undermining democracy' in Guatemala
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: 1 min

Nov 16 (Reuters) - The United States on Thursday imposed visa restrictions on eleven people for "undermining democracy and the rule of law" in Guatemala as it condemned attempts to undermine the transfer of power, the State Department said. "We join the Organization of American States in calling for a transfer of power that respects popular will, is consistent with the Inter-American Democratic Charter, and adheres to the rule of law in Guatemala," spokesperson Matthew Miller said. Reporting by Costas Pitas; Editing by Scott MaloneOur Standards: The Thomson Reuters Trust Principles.

Persons: Matthew Miller, Costas Pitas, Scott Malone Organizations: State Department, Organization of American, Inter, American Democratic Charter, Thomson Locations: United States, Guatemala

☆ Treasury Department's hunt for Russian oil sanction violators on the seas is intensifying
▼ + stars: | 2023-11-16 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

"Management of all the Sovcomflot ships was transferred to Sun Ship Management in March/April 2022 when their offices in Europe were closed. 30 ship owners targeted in new Treasury probeThis is just one example of the murkiness within the Russian oil trade. There are grey areas in the U.S. government's Russian oil guidelines, though the efforts can ultimately lead maritime investigators to the truth. In the U.S. Treasury's "Preliminary Guidance on Implementation of a Maritime Services Policy and Related Price Exception for Seaborne Russian Oil," ship owners are under a Tier 2 category. This document could provide a "safe harbor" for ship owners who are relying on that customer's "attestation" to comply with sanctions.

Persons: Wally Adeyemo, Matthew Wright, Wright, it's, hasn't, They're, shipowners, Andy Lipow, Lipow, Brent Organizations: Windward, U.S . Department, Foreign Assets Control, Treasury, Shipping, Coalition, Ukraine, United, Kazan Shipping Incorporated's, Progress Shipping Company, CNBC, Sovcomflot, Management, Sun Ship Management, Maritime Services, Ship, Lipow Oil Associates, U.S . Treasury, European Union, AIS Locations: Morocco, Price, United Arab Emirates, Kazan, Kazan Shipping Incorporated's Kazan, UAE, Europe, U.S, Asia, Ukraine, Hong Kong, China, India

☆ Top Israeli official has a warning for US universities
▼ + stars: | 2023-11-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Nir Barkat, Israel’s minister of economy and industry, is warning American universities to crack down on antisemitism. “You’re going to see many funders of Ivy League and other universities shy away from that behavior,” he said. The Israeli official said there must be an attitude change and a willingness to “fight them everywhere – including on the campuses.”“Terror is multiplication. You multiply the will to create terror and the ability to create terror,” Barkat said. The Israeli official praised President Joe Biden for “unwavering support,” including his wartime visit to Israel.

Persons: New York CNN — Nir Barkat, ” Barkat, Barkat, “ You’re, ”, Marc Rowan, Jon Huntsman, Dick Wolf, Edgar Bronfman , Jr, Liz Magill, ” Magill, “, Joe Biden Organizations: New, New York CNN, “ Schools, CNN, Ivy League, University of Pennsylvania, FBI, Columbia, Harvard, “, Columbia University, Penn, Israel Locations: New York, Manhattan, United States, Israel, Barkat, Washington

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