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☆ For Some With Dementia, a Little Fib Can Be Beneficial
▼ + stars: | 2023-02-22 | by ( Clare Ansberry | ) www.wsj.com time to read: 1 min

Some people with dementia say there are times when it is OK for their families to lie to them. Joanna Fix is a 54-year-old retired psychologist and college professor who was diagnosed with young onset Alzheimer’s disease in 2016. She has directed her husband to fib whenever he thinks the truth is overwhelming or will unnecessarily worry her.

☆ Business Technology Chiefs Question ChatGPT’s Readiness for the Enterprise
▼ + stars: | 2023-02-15 | by ( Angus Loten | Chris Bedi | ) www.wsj.com time to read: +7 min

Yet some business-technology professionals are uneasy about integrating it into the enterprise stack, citing concerns over its use of online data and security risks. But at the moment, ChatGPT “should be used with caution in an enterprise business setting,” she said. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. For now, Mr. Schmidt said, generative AI capabilities should be reserved for writing corporate boilerplate—product or service announcements, or other promotional materials. For enterprise information-technology, “ChatGPT use cases might be a smaller universe than people are imagining,” he said.

☆ TUI sees strong summer bookings as travel recovery gains momentum
▼ + stars: | 2023-02-14 | by ( Joanna Plucinska | ) www.reuters.com time to read: +2 min

LONDON, Feb 14 (Reuters) - Holiday group TUI (TUIGn.DE), said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks following a pandemic hiatus. Upcoming bookings for the 2023 winter and summer seasons hit 8.7 million. Low-cost airlines such as Ryanair, Wizz Air and easyJet all reported strong summer bookings earlier this year. Revenue improved by 1.4 billion euros to 3.8 billion euros year-on-year, with a growth of around a million guests to 3.3 million from the previous quarter. Separately, TUI shareholders are expected later on Tuesday to vote on a capital increase plan to repay Germany's Economic Stablisation Fund.

☆ Consumer sentiment rises to 13-month high on strong jobs report, lower inflation
▼ + stars: | 2023-02-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

The preliminary consumer sentiment index for February increased to 66.4 from 64.9 in January, the university reported Friday. The survey also showed that consumers are expecting inflation to remain high in the near term. One-year inflation expectations increased to 4.2% from 3.9% in January. Long-run inflation expectations held steady at 2.9% for the third consecutive month. Inflation expectations are crucial data points for the Federal Reserve.

☆ Maps: The devastating earthquakes in Turkey and Syria
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +12 min

Terrain map showing the 7.8- and 7.5-magnitude earthquakes near the eastern border of Turkey and Syria. A woman stands near rubble and damage in Gaziantep, Turkey, Feb. 7, 2023. REUTERS/Firas Makdesi A section of the earthquake damaged D420 road in Demirkopru, Turkey, Feb. 8, 2023. REUTERS/Umit Bektas A man walks past a partially-collapsed building in Pazarcik, Turkey, Feb. 9, 2023. REUTERS/Suhaib Salem People inspect the damage as rescuers search for survivors in Hatay, Turkey, Feb. 8, 2023.

☆ Democrats win control of Pennsylvania House, end GOP rule in competitive swing state
▼ + stars: | 2023-02-08 | by ( ) www.cnbc.com time to read: +4 min

Reading, PA - May 10: Pennsylvania State Rep and Democratic Leader Joanna E. McClinton speaks in front of Reading City Hall. Democrats won control of the Pennsylvania House in special elections Tuesday, wresting partial power from Republicans for the first time in a dozen years in the competitive swing state. Three of those Democratic seats quickly became vacant, casting uncertainty over who actually controlled the chamber. Democrats had been expected to win Tuesday's special elections, because they had easily won the same seats last fall. That's because Republican Rep. Lynda Schlegel Culver won a special election Jan. 31 to fill a vacant state Senate seat.

☆ I Tried Microsoft’s New AI-Powered Bing. Search Will Never Be the Same.
▼ + stars: | 2023-02-07 | by ( Joanna Stern | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/i-tried-microsofts-new-ai-powered-bing-search-will-never-be-the-same-11675799762

☆ Bing With AI: Microsoft CEO Satya Nadella on Why Search Is Changed Forever
▼ + stars: | 2023-02-07 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

S2 E17How to Use the iPhone 14’s Satellite SOS If You’re in an Emergency The iPhone 14’s satellite connection allows you to send messages to emergency services if you’re ever in trouble when there’s no cellular service. WSJ’s Joanna Stern (along with an accident-prone dummy clone) tests the feature and guides you through how to use it. Photo illustration: Preston Jessee for The Wall Street Journal

☆ Drone Footage Shows Scale of Destruction in One Turkish District
▼ + stars: | 2023-02-07 | by ( ) www.wsj.com time to read: 1 min

Bing with AI: Microsoft CEO Satya Nadella on Why Search Is Changed ForeverMicrosoft is combining the tech behind OpenAI’s ChatGPT with its Bing search engine. In an interview, WSJ’s Joanna Stern spoke with Microsoft CEO Satya Nadella about the new tools and how AI is going to change search. (Oh, and Clippy!) Photo illustration: Preston Jessee for The Wall Street Journal

☆ Explainer: Why was the Turkey-Syria earthquake so bad?
▼ + stars: | 2023-02-06 | by ( Gloria Dickie | ) www.reuters.com time to read: +3 min

[1/2] A damaged vehicle is seen on top the rubbles after an earthquake in Iskenderun, Turkey February 6, 2023. The epicentre was about 26 km east of the Turkish city of Nurdagi at a depth of about 18 km on the East Anatolian Fault. During the 20th century, the East Anatolian Fault yielded little major seismic activity. But in 1822, a 7.0 quake hit the region, killing an estimated 20,000 people. The East Anatolian Fault is a strike-slip fault.

☆ Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money
▼ + stars: | 2023-02-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Bill Gates questioned whether Elon Musk's current priorities would make him a good philanthropist, taking issue with his fellow billionaire's ambition to send people to Mars. Gates responded saying he doesn't think Musk is one currently but that this may change in future. Asked by BBC journalist Amol Rajan if going to Mars was a good use of money, Gates said: "Not in my view." In April, Musk said he asked Gates if he was short-selling Tesla — in other words, betting that the price of the electric carmaker's stock would fall. In a Bloomberg interview also in February 2021, Gates said that he wished he had "been more on the long side" of Tesla when asked about Musk's claims.

☆ From FTX to Adani Group, Fraud Allegations Are Going to Rise
▼ + stars: | 2023-01-31 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +5 min

Then there's the Adani Group, which lost a jaw-dropping $72 billion in market value after short-seller firm Hindenburg Research last week accused it of "brazen" market manipulation and accounting fraud. Adani Group, whose founder's net worth recently approached Elon Musk's, has vehemently denied the allegations. Could Wall Street get hit by the Adani Group fiasco? But Wall Street is placing its bets on a California chipmaker, helping its founder get richer to the tune of $5 billion. From Madonna to Tom Brady, many celebrities who shilled for crypto or NFTs are either being sued civilly or facing regulatory scrutiny, according to the Wall Street Journal.

☆ The digital ad recession: What's next for Big Tech companies
▼ + stars: | 2023-01-31 | 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 EmailThe digital ad recession: What's next for Big Tech companiesMNTN CEO Mark Douglas and Joanna Stern of The Wall Street Journal join 'The Exchange' to discuss a slowdown in in ad spending, ongoing ad tech litigation, and the use of AI for ad targeting.

Jan 26 (Reuters) - U.S. carriers on Thursday gave strong earnings forecasts for the year despite economic worries after buoyant demand for air travel during the crucial holiday season helped lift quarterly results. On Thursday, American Airlines (AAL.O), JetBlue Airways Corp (JBLU.O) and Alaska Air Group (ALK.N) all forecast better-than-expected earnings for the full year. The company's Northeast Alliance partner American Airlines forecast an adjusted profit of $2.50 to $3.50 per share for 2023, handily beating analyst expectations of $1.77, according to Refinitiv data. "As we turn our attention to 2023, we will continue to prioritize reliability, profitability and debt reduction," American Airlines Chief Executive Robert Isom said. read moreBoth American Airlines and JetBlue posted fourth-quarter earnings that beat estimates on Thursday.

☆ JetBlue, Beloved for Its Snacks and Wi-Fi, Tries Fixing Its Flying
▼ + stars: | 2023-01-25 | by ( Dawn Gilbertson | ) www.wsj.com time to read: 1 min

LONG ISLAND CITY, N.Y.— JetBlue Airways Chief Executive Robin Hayes pulled up a flight tracking app on his smartphone and ticked off real-time flight delay stats for his and other airlines. JetBlue had the lowest rate of delayed flights of any major U.S. airline on this mid-January weekday. On-time arrivals were running around 94% for the day, two points shy of the airline’s all-time record, airline President Joanna Geraghty boasted.

☆ Strong bookings put EasyJet on path to full-year profit
▼ + stars: | 2023-01-25 | by ( Joanna Plucinska | ) www.reuters.com time to read: +2 min

LONDON, Jan 25 (Reuters) - EasyJet (EZJ.L) on Wednesday said it expected to beat current market expectations for 2023 based on the strength of bookings into summer and was set to deliver a full-year profit, fueling cautious optimism for an aviation sector set on recovery. EasyJet Holidays also upgraded expectations from 30% customer growth to around 50% year-on-year and said the airline had almost 50% more customers than last year. Ryanair (RYA.I), Europe's biggest airline and a low-cost competitor for easyJet, said earlier this month it was expecting a very strong summer season with a reasonable prospect of average European short-haul air fares rising by a high single digit percentage. "Airline reporting season starts optimistically, and we expect easyJet to be the first of several strong prints. Earlier guidance looks overly cautious and numbers will need to come up," Bernstein analyst Alex Irving said in a research note.

☆ Strong bookings put easyJet on path to full-year profit
▼ + stars: | 2023-01-25 | by ( Joanna Plucinska | ) www.reuters.com time to read: +2 min

☆ The Wall Street Journal ranked US airlines from worst to best. See the list.
▼ + stars: | 2023-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Wall Street Journal has revealed its annual list of the best and worst airlines in the US. Delta Air Lines took the top spot, while JetBlue Airways lagged behind competitors. According to aviation data company Anuvu, which provided the numbers for WSJ's rankings, Delta had the best on-time arrival rate of 81.7%. Here's a closer look at the WSJ's list of the best and worst airlines in the US. Delta Air LinesDelta Air Lines.

☆ Gallegos: Investors still need to be cautious, but you can't deny this has been a risk-on month
▼ + stars: | 2023-01-23 | 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 EmailGallegos: Investors still need to be cautious, but you can't deny this has been a risk-on monthBondbloxx co-founder Joanna Gallegos says it's been a fool's errand not to pay attention to the Fed's conviction about continuing its work until inflation gets down to 2%.

"Our industry is still climbing out of - call it a 100-year event, call it a macro shock of epic proportions. "We are bullish and these are the reasons why I suspect there's a disconnect between the Davos in Switzerland and the Davos in Dublin," Cronin told Reuters. "It's a good time to be a lessor," said Tony Diaz, chairman of the smaller Zephyrus Aviation Capital. It's probably easy to take that second one too," Robert Korn, president and co-founder of fast growing Carlyle Aviation Partners, added. Additional reporting by Tim Hepher and Joanna Plucinska Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Lufthansa has offered to buy an initial minority stake in ITA, Italy's state-owned successor to Alitalia, it said on Wednesday. "This may be the next step in European airline consolidation," said Bernstein analyst Alex Irving, citing Portugal's national airline, TAP, as a prime target. Lufthansa, Air-France KLM (AIRF.PA) and British Airways owner IAG (ICAG.L) are potential buyers, analysts said. "At the same time, however, we closely monitor consolidation in the European airline market." Michael O'Leary, the outspoken CEO of fellow low-cost airline Ryanair (RYA.I), also weighed in with his predictions this week.

☆ US-China Tech War: How Money for Semiconductor Factories Costs Americans
▼ + stars: | 2023-01-19 | by ( Taylor Dorrell | ) www.businessinsider.com time to read: +15 min

If the first Cold War was defined by the development of nuclear weapons, this Tech Cold War is defined by the computer chip. The massive Intel plant in Ohio is a key part of the race with China for the future of tech. Even before the Intel plant, the Columbus area was well acquainted with these sorts of trade-offs. But, the Ohio State study found, Columbus' residential tax-abatement programs did little to meaningfully address the housing problem, while draining the city's funds. Federal, state, and local subsidies add up to billions of dollars that Intel is saving on its new Ohio semiconductor factory.

[1/2] FILE PHOTO-Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage dispute, at the airport in Frankfurt, Germany, September 2, 2022. REUTERS/Kai PfaffenbachROME/FRANKFURT, Jan 18 (Reuters) - German carrier Lufthansa (LHAG.DE) said on Wednesday it had offered to buy an minority stake in ITA Airways, betting on reviving the loss-making successor to Italy's Alitalia and expanding its footprint in Europe. One of the sources said it was valued at 200-300 million euros ($540 million). The new right-wing administration in Rome passed a decree in December to initially sell a minority stake through capital increases, in order to speed up a full divestment in ITA. "Acquiring ITA is one of the most challenging propositions in European aviation: the airline has been persistently loss-making," said Bernstein analyst Alex Irving.

[1/2] FILE PHOTO-Planes of German air carrier Lufthansa are parked as Lufthansa pilots start a strike over a wage dispute, at the airport in Frankfurt, Germany, September 2, 2022. REUTERS/Kai PfaffenbachBERLIN/ROME, Jan 18 (Reuters) - German carrier Lufthansa (LHAG.DE) said on Wednesday it had offered to buy an initial minority stake in ITA Airways, Italy's state-owned successor to Alitalia. Lufthansa said Italy is the most important market outside of its existing home markets and the United States, noting its prominence as both a business and tourism destination. The move comes after the new right-wing administration in Rome passed a decree in December to initially sell a minority stake through capital increases, in order to speed up a full divestment in ITA. Beside its domestic German business, Lufthansa already operates the brands Swiss, Austrian Airlines and Brussels Airlines.

Airfares from China are now 160% higher than before the pandemic, data from travel firm ForwardKeys shows, due to limited supply. Since Jan. 4, Air China (601111.SS), Hainan Airlines (600221.SS) and China Southern Airlines (600029.SS) have filed schedules with the U.S. Department of Transportation proposing to increase flights to as much as daily on some routes. Foreign carriers seeking to add flights to China require approvals from the Civil Aviation Administration of China, which did not respond to a request for comment. However, other flights were paused as it assessed market demand and government regulations. Many Western airlines parked large planes when international traffic plunged and production of new twin-aisle jets has been limited.

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