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These comments represent just one of the contradictions in the current oil market. The desire for a stable oil market is extremely difficult to reconcile with being unpredictable. But the risk is that the increase isn't sustained, largely as a result of another oil market contradiction. It's another contradiction for the oil market to resolve as those three exporters are all under some form of Western sanctions. It may well be the case that the second half of this year sees a huge pick-up in crude oil demand.

Persons: Prince Abdulaziz bin, Brent, Sonali Paul Organizations: Organization of, Petroleum, Saudi Energy, Brent, International Energy Agency, SECOND, Saudi Aramco, Aramco, Reuters, Thomson Locations: LAUNCESTON, Australia, Saudi, OPEC, Vienna, Russia, China, India, Saudi Arabia

☆ China's economy isn't rebounding as fast as anyone expected
▼ + stars: | 2023-05-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

While I personally won't be flying internationally anytime soon, we're diving into China's lethargic economy for today's newsletter. The much-anticipated economic rebound hasn't quite materialized for China in the way many had expected. The sluggish recovery has embedded itself in nearly every corner of the world's second-largest economy, even in some of the most obscure commodities markets. The CSI 300 index has slipped over recent weeks, and luxury brands reliant on China's large consumer base have tumbled. What's your outlook on China's economy for the rest of 2023?

Persons: I'm Phil Rosen, Jamie Dimon, Tesla, China Tuul, Bruno Morandi, Rockefeller International's Ruchir Sharma, Nicholas Lardy, Lardy, Filip De Mott, Tweet, Sheldon Cooper, Nordstrom, Goldman Sachs, there's, that's, Phil Rosen, Jason Ma, Nathan Rennolds Organizations: JPMorgan, Peterson Institute for International Economics, Getty, World Gold, Fed, Nvidia, Microsoft, Saudi Aramco Locations: Elon, China, Washington, Shanghai, Shenzhen, . Utah , Colorado, Scottsdale, Saudi, New York, Los Angeles, London

☆ New York City teachers say students are increasingly coming to school high: report
▼ + stars: | 2023-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

New York City teachers say children are increasingly coming to school high, per The New York Times. But the proliferation of unlicensed smoke shops has become a major issue among city officials. Gale Brewer, a New York City council member, pointed to the growing number of unregulated vape shops in the city — using her own Upper West Side district as a barometer. New York City Eric Adams has pledged to go after unlicensed smoke shops, but he has not yet taken broad steps do so, per The Times. Manhattan District Attorney Alvin Bragg Jr. has also taken a firm stance against unlicensed shops by floating evictions, but his office has not yet gone through with such actions.

☆ Emaciated Alligator Rescued From Prospect Park Dies
▼ + stars: | 2023-04-21 | by ( Hurubie Meko | ) www.nytimes.com time to read: 1 min

An emaciated alligator that was rescued from Prospect Park in February and had ingested a four-inch-wide bathtub stopper is dead, Bronx Zoo officials said on Friday. The American Alligator, a nearly five-foot-long female that rescuers named Godzilla, received “extensive ongoing medical treatment” and “nutritional support” after being brought to the zoo for rehabilitation, officials said on Friday. Although zoo workers were able to remove the stopper, doing so was not enough to save the alligator. An autopsy showed that she had chronic and severe weight loss, extreme anemia and infections of the intestine and skin, zoo officials said. When the alligator, which was about 5 years old, was first discovered, officials described her as “lethargic and suffering from exposure to cold temperatures.”

☆ Opinion | There Is Plastic In Our Flesh
▼ + stars: | 2023-04-20 | by ( Mark O Connell | ) www.nytimes.com time to read: +6 min

(Later in the same article, the environmental scientist who makes this recommendation also counsels against instilling fear in our children.) Joe Rogan, perhaps our culture’s foremost vector of meathead masculinity, has been talking about the topic for several years. Not only were the taints of infants shrinking at an alarming rate; so, too, were penises and testicles themselves. Maybe it’s microplastics that are stopping you and your partner from conceiving, or making you lazy and lethargic, or forgetful beyond your years. Maybe it’s microplastics that caused the cancer in your stomach, or your brain.

☆ S&P 500 is in a modest uptrend, but low volumes and reduced volatility have traders in a funk
▼ + stars: | 2023-04-19 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Good news: The S & P 500 is in a modest uptrend. The S & P 500 is up 7% since bottoming at the height of the banking crisis March 13th. The main focus of volatility, the CBOE Volatility Index (VIX), hit a 15-month low on Wednesday. "The January 2022 trough in the VIX marks the current all-time high for the S & P 500. Julian Emanuel at Evercore ISI noted that as of Tuesday night, 44 companies in the S & P 500 had reported.

☆ More people with Down syndrome are living longer, but medical systems aren’t keeping up
▼ + stars: | 2023-04-18 | by ( Tony Leys | ) edition.cnn.com time to read: +12 min

Marilyn researched online and learned the University of Kansas Health System has a special medical clinic for adults with Down syndrome. The clinic Marilyn found is in Kansas City, Kansas, 80 miles northwest of the family’s cattle farm in central Missouri. A directory published by the Global Down Syndrome Foundation lists just 15 medical programs nationwide that are housed outside of children’s hospitals and that accept Down syndrome patients who are 30 or older. But she has felt treated like a child by other health care providers, who have spoken to her parents instead of to her during appointments. Advocates and clinicians say it’s crucial for health care providers to communicate as much as possible with patients who have disabilities.

☆ Leaked audio shows Google Cloud CEO giving a fiery rallying cry and calling out demeaning competitors in AI: 'The game is never done in the first minute'
▼ + stars: | 2023-03-02 | by ( Eugene Kim | Hugh Langley | ) www.businessinsider.com time to read: +3 min

Google Cloud CEO Thomas Kurian last month reiterated the company's commitment to AI. Google is in a tough spot as competition in AI chatbots heats up with ChatGPT and Microsoft. I would tell you this is the very first minute of a new game, and the game is never done in the first minute. Google CEO Sundar Pichai has asked employees to commit two to four hours to training Bard, which further indicates the urgency with which it's moving. Some Google employees have internally mocked the Bard announcement and expressed frustration over the added work in testing the AI chatbot, Insider previously reported.

☆ An alligator rescued in Brooklyn's Prospect Park has a bathtub stopper stuck in her body
▼ + stars: | 2023-02-26 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A nearly five-foot alligator was found in a lake in New York City's Prospect Park. A bathtub stopper was found stuck in her body, but she is too weak to have it removed. The nearly five-foot alligator was found "extremely emaciated" in a lake in New York City's Prospect Park on February 19, the Wildlife Conservation Society (WCS) said. An alligator was found in Brooklyn’s Prospect Park Lake in New York City, on February 19, 2021. She is the sixth alligator to have been rescued in the city in the past five years, according to the Animal Care Centers.

☆ Europe's venture capital firms are facing a painful 2023 as some struggle to prove returns to LPs in bid to raise fresh capital
▼ + stars: | 2023-02-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +5 min

Some of Europe's venture capital firms are struggling to show returns on their investments. Europe's venture capital sector has enjoyed a booming run in recent years. Now, the dramatically changed economic landscape has left not only the startups facing a scarcity of available capital, but also the venture capital firms that fund them too. There are likely to be countless more who are also struggling to raise capital. For some smaller firms, the frothy days of 2021 are looking increasingly like a distant memory.

☆ ChatGPT-maker OpenAI has hired tons of former Google and Meta employees, new data shows
▼ + stars: | 2023-02-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Last year, the company hired several Google staff to do "instrumental" work on ChatGPT. Data from LeadGenius and Punks & Pinstripes shows that a number of the company's 200-plus employees came from Alphabet, the parent company of Google and AI research lab DeepMind. OpenAI currently employs about 59 ex-Google employees and about 34 former Meta staff, according to the data. Data from Lead Genius and Punks & Pinstripes shows ex-Google staff make up a large portion of the company's staff. The Information previously reported that OpenAI hired several Google employees to do "instrumental" work on ChatGPT in the months leading up to its November launch.

☆ Alligator captured in Brooklyn's Prospect Park Lake
▼ + stars: | 2023-02-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] Members of the Parks Enforcement Patrol and Urban Park Rangers capture an alligator from a lake in Prospect Park in the Brooklyn borough of New York City, U.S., February 19, 2023. Courtesy of NYC Parks/Handout via REUTERSFeb 20 (Reuters) - New York City park staff stumbled across a sickly alligator in Brooklyn's Prospect Park this weekend, the Parks Department said, and rangers captured the lost reptile and brought it to the Bronx Zoo for care. Park maintenance staff found the alligator in Prospect Park Lake on Sunday morning, in the heart of the concrete jungle, and noted that it appeared lethargic and in a state of cold shock. The New York City Parks department issued a public warning against releasing non-native animals into the city's environment, which is illegal. New York City Urban Park Rangers respond to about 500 calls regarding animals in poor condition each year.

☆ A 4-foot-long alligator that was pulled from a lake in Brooklyn's Prospect Park may have been an unwanted pet, officials say
▼ + stars: | 2023-02-20 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

An alligator was spotted floating in Brooklyn's Prospect Park Lake in New York City on Sunday. The 4-foot-long alligator was pulled out by park officials and is being evaluated in the Bronx Zoo. It might have been an unwanted pet that was released into the lake, a park spokesperson said. The alligator was spotted floating in Brooklyn's Prospect Park Lake in New York City early on Sunday morning, Dan Kastanis, a spokesperson for the New York City Department of Parks & Recreation told Insider. Puelo said that when park officials arrived at the lake, the reptile "wasn't moving really at all."

☆ OpenAI hired Google employees to do 'instrumental' work on ChatGPT before its launch, report says
▼ + stars: | 2023-02-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

OpenAI has hired more than 12 of Google's AI employees, The Information reported, citing sources. In recent months, the startup behind the viral chatbot ChatGPT and image generator DALL-E has hired more than a dozen former Google workers, The Information reported, citing sources. At least five former Google researchers were instrumental in getting the company's viral chatbot ChatGPT ready to launch in November, a person with knowledge of the matter told the publication. Two former employees at Google Brain, Alphabet's AI division, told The Information that some staff felt the culture had become lethargic. Google and OpenAI did not immediately respond to Insider's request for comment made outside normal working hours.

☆ The artificial intelligence war has Wall Street in a frenzy over Google, Microsoft, and anything related to bots
▼ + stars: | 2023-02-13 | by ( Phil Rosen | ) www.businessinsider.com time to read: +7 min

In case you missed it, last week Microsoft held an event that had the buzz of a Steve Jobs iPhone launch. Google Bard VS OpenAI ChatGPT displayed on Mobile with Openai and Google logo on screen seen in this photo illustration. In this two-horse race, Google certainly didn't do itself any favors in bumbling its own AI demo last week. But the battle will ultimately come down to Microsoft and Google, according to venture capitalist Vinod Khosla. Record highs for the stock market are within reach this year, according to Fundstrat.

☆ The walls are closing in on Google. Here's what it needs to do to survive.
▼ + stars: | 2023-02-09 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

Google needs to focus on building up its AI business while also keeping costs under control. Building up its AI business needs to be a top priorityThe events of the last few days show Microsoft and Google are clearly in an AI arms race — one that Google needs to win for its own sake. Google needs to double down on its own AI prowess right now, given the threat, Wall Street analysts said. However, they emphasize that Google needs to be thoughtful and show why its technology is better than OpenAI rather than being reactive. Maintaining efficiency while retaining an innovative cultureTo win in AI, however, Google needs to maintain its culture of innovation.

☆ ChatGPT's founder blasts Google as a 'lethargic search monopoly' as the tech giant's AI war with Microsoft heats up
▼ + stars: | 2023-02-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

OpenAI CEO Sam Altman called Google a "lethargic search monopoly" in an interview on Tuesday. Google has said it's own ChatGPT rival, Bard, will be coming to the public in a matter of weeks. Altman said he sees tremendous upside to Microsoft's decision to incorporate OpenAI's technology into its search engine. Microsoft announced the integration of an AI language model into its "new Bing" search engine on Tuesday. Google's search engine represented over 91% of the global search market in the past 12 months, while Bing accounted for about 3%, according to data from SimilarWeb.

More than a decade later, those that heeded this advice went on to become game-changing tech behemoths, including CNBC Disruptor 50 companies Block , Pinterest , Slack, Twilio , and Cloudera. Seed rounds had a record deal value in 2022, and valuations continued to grow even as late-stage venture companies nearer to the public market suffered. Venture funds raised a record amount of money in 2022, with $162.8 billion closed across 769 funds, according to PitchBook and the NVCA. We've seen companies struggle as public companies and then skyrocket, so a lower value-IPO is not the end of the road." "But when you can generate new share in a difficult market, when the market does turn, they are in a perfect position to capture more market share and customers."

☆ U.S. hospitals report rise in severe strep A infections in kids after 15 deaths in U.K.
▼ + stars: | 2022-12-15 | by ( Aria Bendix | ) www.cnbc.com time to read: +6 min

In the U.K., at least 15 children have died from invasive group A strep since mid-September. Anyone can get invasive strep A, including healthy adults, but people over 65 and those with chronic illnesses are more susceptible. Between 1,500 and 2,300 people die of the invasive infections every year. But children's hospitals in several other states — California, New York, Illinois and Minnesota — said they have not detected any increase in invasive group A strep. It is important for kids with strep to get care right away so they can start taking antibiotics like penicillin.

Children's hospitals in Arizona, Colorado, Texas and Washington told NBC News they are seeing a higher-than-average number of cases this season compared to past years. In the U.K., at least 15 children have died from invasive group A strep since mid-September. Anyone can get invasive strep A, including healthy adults, but people over 65 and those with chronic illnesses are more susceptible. Between 1,500 and 2,300 people die of these invasive infections each year. It's important for kids with strep to get care right away so they can start taking antibiotics like penicillin.

The sky was darkening above Hazelton federal penitentiary in West Virginia when a prison van rolled up carrying an elderly gangster. ‘I’m deteriorating’His final hours were described in detail for the first time in a Justice Department Inspector General report released Wednesday. The news somehow got out among the Hazelton inmates, the report says, a detail that had been previously disclosed by federal prosecutors. The facility, known as Misery Mountain, was among the most violent in the federal prison system. Two hours passed before a prison staffer went into the cell and found Bulger’s lifeless body.

☆ Ukraine holds key rate at 25%, air strikes to hit GDP - c.bank
▼ + stars: | 2022-12-08 | by ( Olena Harmash | ) www.reuters.com time to read: +2 min

[1/2] A general view shows the headquarters of the National Bank of Ukraine in Kyiv, Ukraine April 18, 2019. The central bank increased the main rate to 25% in June to tame double-digit inflation as Russia's invasion battered the economy. The central bank said that consumer inflation had accelerated to 26.6% in October year-on-year. The International Monetary Fund expects Ukraine's GDP to fall by 35% this year and that the economy will stabilize next year. The central bank also said it was increasing obligatory reserve requirements for commercial banks by five percentage points.

The suspect in last month's deadly rampage at a Colorado LGBTQ nightclub was charged Tuesday with 305 criminal counts in what could be the most heavily prosecuted murder case in state history, authorities said. The 305 charges filed in court include first-degree murder, attempted first-degree murder, first- and second-degree assault and bias-motivated crimes, District Attorney Michael Allen told the court. Allen said he couldn't recall a murder trial with so many counts. "But there could be others out there that I’m just not thinking of right now.”Lawyers on both sides asked the judge to schedule Aldrich's preliminary hearing for May. But 4th Judicial District Judge Michael McHenry insisted the hearing can start sooner and ordered both sides to be ready on Feb. 22 for a preliminary hearing he expected to last two days.

☆ Trump-Fuentes-Ye dinner was a mistake given 2022 election results
▼ + stars: | 2022-11-30 | by ( Musa Al-Gharbi | Musa Al-Gharbi Is A Paul F. Lazarsfeld Fellow In Sociology At Columbia University. His Research | Social Media Can Be Found On His Website | ) www.nbcnews.com time to read: +8 min

Many who backed the GOP in other races voted for Democrats when the Republican was an election denier. The cynical bid paid off: Literally all the extreme GOP candidates that Democrats boosted failed in the general election. Many people who would otherwise happily vote Republican were unwilling to vote for Trump or those he endorsed. And Trump’s sexist and misogynistic rhetoric alienated Republican voters, men and women alike. Women, for their part, moved toward the GOP, with women of color shifting more than white women.

☆ RSV, flu and colds: How to tell when your child is too sick for school
▼ + stars: | 2022-11-30 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

Almost all children catch RSV at some point before they turn 2, the US Centers for Disease Control and Prevention says. Here’s how to assess when to keep your child home from school and when to visit the pediatrician, according to experts. Ideally, public health professionals would like it if no child showing symptoms were sent to school or day care, where they could potentially spread infections Schaffner said. Again, here is where schools may have different policies and it becomes important to check with written information, a school administrator or school nurse, Wen said. “Parents should know that treating RSV and other respiratory infections is the bread and butter of pediatricians and emergency physicians,” Wen said.

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