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The company's software, installed at waste-management sorting facilities, uses artificial intelligence to identify misplaced materials in waste streams. Greyparrot devices also catalog what enters the facility so that waste-facility managers can better understand what they're collecting. Data is transforming the way waste-management facilities operateSince 2020, the UK waste-management company Grundon has been using Greyparrot devices in three of its facilities. GreyparrotGrundon's feedback also led to updates in the Greyparrot device's capabilities. AI development is also promising a brighter future for waste-management facilities and their perception.
Persons: Steven Cohen, Druckman, Greyparrot, Grundon, Owen George, George, Cohen Organizations: Service, Columbia University, Environmental Protection Agency, Bollegraaf Locations: United Kingdom, South Korea, United States, Grundon
This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.
Persons: , They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France
In short, Trump’s New York congestion comment was classic dead cat. In the same Truth Social message, the former president mused about the impact of congestion pricing elsewhere in the world. After all, congestion pricing has been introduced in a number of cities, from Singapore to Stockholm, over the past 25-odd years. I live about four miles from the edge of the congestion zone, and it’s never once been a problem to circumvent. By most metrics, London’s congestion pricing experiment has been a resounding success.
Persons: Rosa Prince, Read, Donald Trump, , Rosa Prince Rosa Prince Here, Stormy Daniels, mused, It’s, , I’m, it’s, Akmen, they’re, Boris Johnson, there’s, Sadiq Khan, Ella Roberta Adoo, Khan, Mayor Khan, he’s Organizations: Politico UK, London CNN — Former, New, Big Apple, Getty, Conservative, Transport, London, Labour Party, Trump, TfL, CNN, Twitter, New Yorker Locations: New York City, New York, Singapore, Stockholm, London, AFP, It’s, Manhattan, London —, England, New
Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.
Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville
The three companies collectively operate 75 U.S. casinos that permit indoor smoking, where state law allows. States like Nevada and New Jersey have prohibited indoor smoking more broadly, but carved out exceptions for casinos. Legislation to end indoor smoking at casinos is in various stages in several states across the country, including New Jersey, Pennsylvania and Rhode Island. Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking. In Las Vegas, MGM Resorts opened the first casino resort on the Strip to prohibit indoor smoking and even smoking on the pool deck.
Persons: Boyd, Bally's, it's, Jan Jones Blackhurst, we've, Marc Oppenheimer, we're, it'll Organizations: Boyd Gaming, Bally's Entertainment, Caesars Entertainment, Trinity Health, Nonsmokers, Rights Foundation, Trinity, Caesars, The Securities, Exchange Commission, C3 Gaming, SBC, North, United Auto Workers, Disease Control, U.S, CNBC, Las Vegas, MGM Resorts, MGM Locations: Livonia , Michigan, Bally's, U.S, Nevada, New Jersey, New Jersey , Pennsylvania, Rhode Island, North America, United States, Pennsylvania, Bensalem, Philadelphia, Las
Read previewWhen Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore. Customers have complained on social media about the rising cost of Airbnb due to booking costs and cleaning fees. Advertisement"A year and a half ago, we noticed that, you know, there was a lot of concern about Airbnb prices increasing," Chesky said. According to the CEO, two million hosts now use the compare listing. Chesky also said Airbnb started offering monthly and weekly discounts for guests with longer stays.
Persons: , Airbnb, Brian Chesky, you've, Chesky, it's Organizations: Service, Business
Dutch Bros CEO Christine Barone discussed her company's expansion strategy in an interview with CNBC's Jim Cramer, saying the coffee chain focuses on training employees when they go to a new market. Barone said Dutch Bros is "on the path" to 4,000 stores and hit 876 locations this quarter. Dutch Bros beat analysts' expectations when it reported earnings Tuesday evening, and shares closed 11.79% higher Wednesday. The company's success follows a weaker-than-expected quarter from competitor Starbucks . Barone, who took over as CEO in January, attributed some of Dutch Bros' success to its emphasis on customer service.
Persons: Christine Barone, CNBC's Jim Cramer, Barone, they're, Laxman Narasimhan, We've Organizations: Dutch Bros, Bros, Starbucks Locations: Dutch, Oregon, West, Florida, Texas, Tennessee, East Coast
Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub. AdvertisementA new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it. Officials have long portrayed China's access to AI and semiconductor technology as a national security threat. US officials have already had to mandate AI firms to divest from China, such as G42.
Persons: Amit Midha, , Midha, that's Organizations: Bloomberg, Service, Milken Institute Global Conference, Saudi Arabia's Public Investment Fund, Officials, Silicon, New York Times, United Arab Emirates, Microsoft Locations: Saudi, China, Saudi Arabia, Washington, Beijing, Alat
Scroll In June 2020 I was kidnapped by armed men and heldfor ransom. Photographs and text by Manuel Bayo Gisbert I was kidnapped by armed menand held for ransom. In Mexico we say that when you see or experience something painful it can make us sick with horror. I turned to the families of the missing people of Mexico. In Mexico, We Harvest Pain and DeathOn Aug. 19, 2023, three years after I was kidnapped, my uncle Fernando Bayo was taken by four armed men in Acapulco.
Persons: Manuel Bayo Gisbert, Manuel Bayo, Ivonne’s, Hilda, Cheli’s, Rafael, Miguel Ángel, Justina’s, Abelardo, Lucio Cabañas, Cirino, , , Práxedes Giner Durán, Álvarez, Juárez, , Felipe Calderón, Calderón's, she’s, , Pachuca … It’s, Andrés Manuel López Obrador, López Obrador, Fernando Bayo Organizations: Mexico City, Mexican Army, Mexican, , Pachuca …, National, Brigade, Residents, Inter, American, Human, Signals, National Search Brigade Locations: Leer, español, Mexico, Parres, Chilpancingo, Guerrero, El Conchero, El Ticuí, Ciudad Madera, Chihuahua, Atoyac, Ciudad Juarez, Texas, , Pachuca, Veracruz, of Mexico, Ayotzinapa, U.S, Yecapixtla, Acapulco, Tihuatlán, Santiago, Mexico City
In February of last year, President Biden changed the U.S. standard for cutting off weapons deliveries to foreign militaries that harm civilians during wartime. Under the new arms transfer policy, Mr. Biden said countries that were “more likely than not” to violate international law or human rights with American weapons should not receive them. Previously, U.S. officials were required to show “actual knowledge” of such violations, a higher bar to clear. Hamas attacked Israel two months later, triggering the war in Gaza and plunging Mr. Biden and Mr. Blinken into an intense global debate about how Israel is using U.S. arms. To Mr. Biden’s critics, his steadfast refusal to limit arms deliveries to Israel runs counter to those initiatives and badly undermines his goal of positioning the United States as a protector of civilians in wartime.
Persons: Biden, Antony J, Blinken Locations: U.S, Israel, Gaza, States
CNN —Has your doctor quizzed you about your level of physical activity? If so, you can thank Exercise is Medicine, a global health initiative managed by the American College of Sports Medicine. Created in 2007, the initiative encourages health care providers to assess patients’ physical activity during visits, plus include regular exercise when designing care plans. Health care providers can impact patient health by routinely assessing physical activity at every interaction. EIM now includes Exercise is Medicine on Campus, for example, a program that helps colleges and universities promote and assess physical activity among students, faculty and staff.
Persons: CNN —, Jacob Wackerhausen, Elizabeth Joy, EIM, Joy, it’s, ” Joy, , Amy Campbell, GVSU, Campbell, ” Campbell, There’s, you’ve, “ Rather, Gerren Liles, “ It’s, , Melanie Radzicki McManus Organizations: CNN’s, CNN, American College of Sports Medicine, American, of Lifestyle Medicine, Intermountain, Lore Health, Health, Grand Valley State University, EIM, CARE, Cancer, New Locations: Salt Lake City, Grand, Grand Rapids , Michigan, they’ll, EIM, New York, New York City, Liles
Walt Disney puts its top-tier media dominance to the test when it reports results before the bell Tuesday. Wells Fargo's Steven Cahall upped his price target to $141 a share, suggesting upside of 24%. StreetAccount estimates call for 229.35 million subscribers across the business unit and nearly 155 million Disney+ subscribers. At its last earnings call in February, Disney said it expects between 5.5 million to 6 million added subscribers in the second quarter. He forecasts an additional 4 million subscribers each year.
Persons: Walt Disney, Nelson Peltz, Jessica Reif Ehrlich, David Karnovsky, Wells Fargo's Steven Cahall, Deutsche Bank's Bryan Kraft, Disney, Vijay Jayant, America's Ehrlich Organizations: Trian Partners, LSEG, Walt Disney, Bank of America, JPMorgan, Disney, Deutsche, DTC, Netflix, Bank Locations: F1Q
Here are the biggest calls on Wall Street on Monday: Morgan Stanley initiates EHang Holdings as overweight Morgan Stanley said it's bullish on shares of the Asia autonomous aerial vehicle company. Morgan Stanley downgrades Victoria's Secret to underweight from equal weight Morgan Stanley said it sees "underappreciated downside" for the lingerie company. Citi downgrades Peloton to neutral from buy Citi said in its downgrade of the stock that it has "limited visibility." Morgan Stanley upgrades U.S. Steel to overweight from equal weight Morgan Stanley said in its upgrade of U.S. Steel that it likes the company's "transformational investments." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating on Apple after analyzing the company's quarterly 10-Q report.
Persons: Morgan Stanley, it's, Baird, Morgan Stanley downgrades, Wells, Bausch, Lomb, Apple, Johnson, MLCO, Moffett, Melius, inferencing, JPMorgan Organizations: EHang Holdings, EH, Deutsche Bank, Disney, Deutsche, Micron, Citi, Comerica, CMA, Steel, U.S . Steel, Apple, Services, UBS, JCI, Barclays, Resorts, Nvidia, Broadcom, AMD, Microsoft, JPMorgan, Group, Bank of America, Santander Brasil, of America Locations: Asia, U.S
MrBeast is hitting the brakes on his relationship with his talent-management company, Semafor reported. Talent firm Night Media has been working with the superstar YouTuber for six years. Two sources told Semafor that Night would "no longer be his primary talent management agency." AdvertisementSuperstar YouTuber MrBeast and his talent-management company, Night Media, are growing apart, according to a new report from Semafor. At the same time, MrBeast's empire has continued to expand: the YouTuber told Time earlier this year he makes between $600 and $700 million in revenue a year.
Persons: Semafor, YouTuber, , YouTuber MrBeast, Jimmy Donaldson, Donaldson, Reed Duchscher, Reed, Duchscher, Safiya Nygaard, It's, Kai Cenat, He's, Burger, Beast, Preston Arsement, Charli D'Amelio Organizations: Media, Service, Night Media, Bloomberg, Beast Investments, Amazon Prime Locations: Semafor, Texas, Feastables
6:41 a.m.: Morgan Stanley raises Carvana price target Morgan Stanley likes what it sees from Carvana after its "operational turnaround." The bank reiterated an underweight rating on the used car retailer but raised its price target to $75 per share from $45. "Throughout 2023, CVNA transitioned from a distressed equity into an operational turnaround with a restructured interest burden," Morgan Stanley analyst Adam Jonas said. The firm downgraded the HVAC stock to neutral from buy and lowered its price target to $68 per share from $74. MU YTD mountain MU year to date — Brian Evans 5:45 a.m.: Morgan Stanley upgrades U.S. Steel There's a big buying opportunity in U.S. Steel after a recent pullback this year, according to Morgan Stanley.
Persons: Morgan Stanley, Baird, Morgan Stanley's, CVNA, Adam Jonas, — Brian Evans, Wells, Mike Mayo, Mayo, Brian Evans, Johnson, Damian Karas, " Karas, Tristan Gerra, Gerra, Carlos De Alba, Alba, De Alba, Fred Imbert Organizations: CNBC, U.S, Steel, Micron Technology, Wells Fargo, Citi, UBS, Johnson, JCI, Micron, MU, Nippon Steel, U.S . Steel, . Steel Locations: Carvana, Wells Fargo, Friday's, U.S
I stopped shopping at Whole Foods in 2012, but recently went back to see if anything had changed. I eventually realized that other supermarkets better supported my shopping habits and lifestyle, and I stopped going to Whole Foods in 2012. Now, I can easily visit Wegmans for plant-based foods and shop at Safeway for milk alternatives or locally-produced ice cream, so Whole Foods no longer stands out. I found the prices at Whole Foods to be expensiveSmall snacks and produce at Whole Foods are usually more expensive than at other supermarkets. AdvertisementI did see products from the 365 label, Whole Foods' house brand, that were cheaper than similar items at the store.
Persons: , I've, Jamie Davis Smith, gelato, what's, I'm Organizations: Foods, Service, Amazon, Safeway, Whole Foods Locations: Washington ,
Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.
Persons: , hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America
The Kentucky Derby, the oldest continuously held major sporting event in the United States, is celebrating its 150th anniversary on Saturday with a new $200 million paddock and a host of safety initiatives meant to curb the horse deaths that marred last year’s event. Revelers at Churchill Downs will be wearing colorful hats and sipping $22 mint juleps from souvenir glasses under the twin spires that stand sentry over this cathedral of horse racing. From the first Derby, won by Aristides in 1875, to this year’s race, one constant has remained. When the announcer declares, “And they’re off,” all involved with getting the top 3-year-old thoroughbreds in the country into the starting gate, from the owners to the trainers to the grooms, hold their breath and hope their horse will cross the finish line first.
Persons: Aristides, Organizations: Kentucky Derby, Derby Locations: United States, Churchill
CNN —Mystik Dan has won the 150th running of the Kentucky Derby in a dramatic photo finish at Churchill Downs on Saturday in Louisville. Over the years the Kentucky Derby has seen sporting drama, controversy and has crowned some of the best race horses in history. Unrivalled historyThe first Kentucky Derby was watched by a crowd of 10,000 people who saw three-year-old chestnut colt Aristides, ridden by jockey Oliver Lewis, triumph at Churchill Downs. The race, pictured here in 1978, has been run at Churchill Downs every year since its inauguration. Bob Baffert ban extendedThe 150th edition of the Kentucky Derby was run without arguably the most recognizable name in the sport, Bob Baffert.
Persons: Mystik Dan, Dan, Forever Young, Bob Baffert, Sierra Leone, Brian Hernandez Jr, Rob Carr, , Hernandez Jr, Kenny McPeek, Aristides, Oliver Lewis, revel, Charlie Riedel, Medina, Baffert “, Muth Organizations: CNN, Kentucky Derby, Churchill, Sierra, Forever, Triple Crown, Derby, NBC, Jet, AP, Churchill Downs, Churchill Downs Incorporated Locations: Louisville, Sierra Leone, Baltimore , Maryland, Faultless, Churchill Downs, Churchill, Medina, Kentucky
As companies race to deploy artificial intelligence in ways that aim to make them better at operating, hiring, and competing, they're also chasing after top AI talent, including filling the position of chief AI officer. A lot of these companies, Doonan said, "can't really articulate what they want, why they want it, and what are the outcomes that they're looking for." "All I could think is that you could change the word 'cowbell' to 'AI,'" Doonan said. Without that understanding, Doonan said companies are going to hire "somebody really senior and they're going to be doing [data] clean-up for the next two years. Of course, that hasn't stopped companies from wanting to add a chief AI officer to their ranks.
Persons: they're, Mike Doonan, Doonan, CNBC's, Jon Fortt, Christopher Walken, that's, hasn't, LinkedIn's, I've Organizations: CNBC Technology, Alteryx's Enterprise
CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber , Disney and Warner Bros. Since April's labor report was weaker than expected, he said investors can worry less about the Federal Reserve's next move. Monday brings earnings from Simon Property Group and Tyson Foods , the latter of which Cramer said he thinks could be a "bounce-back play." Wynn Resorts and Reddit also release earnings that day, and Cramer said he thinks both could put up solid numbers. Cramer will be paying attention to Uber's report on Wednesday, saying he wonders whether its earnings will be hurt by competition from Lyft .
Persons: CNBC's Jim Cramer, Cramer, Warren, Reddit, Airbnb, Robinhood Organizations: Disney, Warner Bros ., Federal, Berkshire Hathaway, American Express, Apple, Cola, Occidental Petroleum, Simon Property, Tyson Foods, Wynn Resorts, Lyft, Toyota, AMC Entertainment, Warner Bros, Discovery, National Basketball Association, Akamai Technologies, Federal Trade, Capri, Enbridge
CNBC's Jim Cramer on Friday analyzed Cracker Barrel 's business over the past few years, telling investors they should wait to buy the stock until the company gives a progress update on its conference call in two weeks. So as the competition raises prices to combat inflation, Cracker Barrel has less room to do so. Cramer also said he wants to know whether the company will cut its dividend. "I want to recommend Cracker Barrel, I really do," Cramer said. Cracker Barrel did not respond immediately to CNBC's request for comment.
Persons: CNBC's Jim Cramer, Cramer, Julie Felss Masino, Masino Organizations: Taco Bell
A group of Meta employees is calling out what they claim is internal and external censorship by the company of any show of support for Palestinians amid Israel's war with Hamas. Business Insider confirmed that the letter was authored by a group of current Meta employees, some of whom have linked to the letter on their personal online profiles. While some improvements were made to the products, they "were achieved only by appealing to isolated product teams, with minimal senior leadership support or resources," it added. Microsoft's internal communication app also saw debates among employees about the war and even inflammatory language, BI previously reported. Are you a Meta employee or someone with a tip or insight to share?
Persons: Mark Zuckerberg, Zuckerberg, Feedback, dismissiveness, Kali Hays Organizations: Business, UN, Meta, BI, Hamas, Google Locations: Palestine, Gaza, Israel, Russia, Ukraine, Meta's Dublin, Ukrainian, khays@businessinsider.com
A group of Meta employees is calling out what they claim is internal and external censorship by the company of any show of support for Palestine amid Israel's ongoing war with Hamas. The letter demanded a general improvement in corporate inclusion efforts at Meta and asked the company to stop deleting internal posts from employees regarding Palestine. Business Insider confirmed that the letter was authored by a group of current Meta employees, some of whom have linked to the letter in personal online profiles. While some improvements were made to the products, they "were achieved only by appealing to isolated product teams, with minimal senior leadership support or resources." Are you a Meta employee or someone with a tip or insight to share?
Persons: Mark Zuckerberg, Zuckerberg, Feedback, dismissiveness, Kali Hays Organizations: Palestine, Business, UN, Meta, BI, Hamas, Google Locations: Palestine, Gaza, Meta, Israel, Russia, Ukraine, Meta's Dublin, Ukrainian, khays@businessinsider.com
The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.
Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, , Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German
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