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In Mo i Rana, a small Norwegian industrial town on the cusp of the Arctic Circle, a cavernous gray factory sits empty and unfinished in the snowy twilight — a monument to unfulfilled economic hope. The electric battery company Freyr was partway through constructing this hulking facility when the Biden administration’s sweeping climate bill passed in 2022. Perhaps the most significant climate legislation in history, the Inflation Reduction Act promised an estimated $369 billion in tax breaks and grants for clean energy technology over the next decade. Its incentives for battery production within the United States were so generous that they eventually helped prod Freyr to pause its Norway facility and focus on setting up shop in Georgia. Its pivot was symbolic of a larger global tug of war as countries vie for the firms and technologies that will shape the future of energy.

Persons: Mo i Rana Organizations: Biden Locations: Mo, Norwegian, United States, Norway, Georgia

☆ 36 Hours in Marrakesh, Morocco
▼ + stars: | 2024-02-08 | by ( Seth Sherwood | ) www.nytimes.com time to read: +4 min

Leave Jemaa el Fna — the huge, chaotic, carnivalesque marketplace seen on every postcard — to the cobra charmers, hustlers and package-tour throngs. In the early 20th century, Thami el Glaoui, the onetime ruler of Marrakesh — known as the bacha in local Arabic — was a legend. The Islamic decorative arts find dazzling expression inside the Medersa Ben Youssef, a centuries-old religious school adorned with some of the finest craftsmanship in Morocco. Follow the buttery scent of leather to a passage called Derb el Hammam in Souk Smata, the leatherworking area of the medina. Sunlight filters through the overhead slats of the stalls, illuminating belts, bags, jackets, ottomans and slippers known as babouches — a favorite Morocco souvenir (prepare to haggle).

Persons: Fna, You’ll, Bab Doukkala, Malak Nafy, It’s niched, Hassan Hajjaj, Andy Warhol, Thami el, —, Rue Fatima Zahra, Maison Reine, Naelle, Ben Youssef, el Fna Organizations: Bab, Rue Dar el, of Confluences, Rue Fatima, Franco Locations: Medina, Bab, Rue, Moroccan, Marrakesh, el Bacha, medina, ”, Algerian, artfully, Morocco, Hammam, Souk Smata

NEW YORK (AP) — Two freelance journalists with projects focused on Black nationalism and the aftermath of the Uvalde school shooting have won the American Mosaic Journalism Prize, which honors work about underrepresented groups in the United States. The journalists, Dara T. Mathis and Tamir Kalifa, were each awarded $100,000 from the Heising-Simons Foundation. That's believed to be the largest prize in dollar value given to journalists in the United States. “As a Black writer, I am keenly aware of how the stories of marginalized people are excluded from the archive,” Mathis said. “My work as a journalist seeks to connect silenced histories to our present day.”Photojournalist Tamir Kalifa won for his work on the aftermath of the 2022 mass shooting at the Robb elementary school in Uvalde, Texas.

Persons: Dara T, Mathis, Tamir Kalifa, That's, ” Mathis, “, Robb, Kalifa, he's Organizations: Mosaic Journalism, Simons Foundation, Black Liberation Locations: United States, The Maryland, Uvalde , Texas, Austin, Israel

☆ Sea of Nectar: What you should know about the moon area where Japan’s lander touched down
▼ + stars: | 2024-01-27 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

If the lander turns on again, it could make good on its objectives to collect unprecedented information about a region called the Sea of Nectar. The 1969 US moon mission Apollo 11 captured this oblique view of the large crater Theophilus at the northwest edge of the Sea of Nectar. Here's the first picture sent back by the Moon Sniper after it landed on the lunar surface. The Sea of Nectar is much smaller than its neighbor the Sea of Tranquility, which is over 540 miles (875 kilometers) across and is similarly smooth and flat. “After the Apollo missions, we brought back samples and learned they were essentially massive lava planes,” Osinski said.

Persons: Smart, SLIM —, Moon, Theophilus that’s, ”, Gordon Osinski, who’s, Artemis, Osinski, we’ve, ” Osinski, Sara Russell, haven’t, Russell, “, SLIM, ” “, John Pernet, Fisher, Pernet, it’s, Tranquillity, Canada’s, maria ”, “ It’s, NASA’s Organizations: CNN, Japan Aerospace Exploration Agency, JAXA, NASA, Western University, Lunar Reconnaissance, Planetary Materials, Ritsumeikan University, Aizu, University of Manchester, Planetary Institute, Apollo, Getty Locations: Japan, , Ontario, Shioli, United Kingdom

Tokyo CNN —Japan’s space agency said Thursday that its “moon sniper” robotic explorer landed 55 meters (165 feet) from its target on the lunar surface last week, calling it a “significant achievement” despite problems during the landing that put the mission in jeopardy. The Smart Lander for Investigating Moon, or SLIM, mission reached the moon’s surface just after 10:20 a.m. Shown here is the first picture sent back by the Moon Sniper after it landed on the lunar surface. JAXAA lunar surface scan mosaic image captured by the SLIM-mounted, enlarged view. If the Moon Sniper can survive the frigid temperatures of lunar night, the space agency hopes light might reach the solar cells as the sun’s angle on the moon changes, potentially restoring power generation and allowing operations to resume.

Persons: Smart Lander, SLIM, Ashley Strickland Organizations: Tokyo CNN, Saturday, Japan Aerospace Exploration Agency, JAXA, Ritsumeikan University, Aizu Locations: Tokyo, Japan

☆ Pompeii 'curse' myth: Tourist returns stones stolen from ancient city with letter saying she has since been diagnosed with breast cancer
▼ + stars: | 2024-01-20 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A woman claimed she was "cursed" after stealing artifacts from Pompeii. She said she was diagnosed with breast cancer within a year of taking pumice stones from the ruins. AdvertisementA woman who said she was diagnosed with breast cancer after stealing artifacts from Pompeii said she hadn't' known about "the curse," referencing a myth that stealing from the site brings bad luck. "I am a young and healthy female, and doctors said it was 'just bad luck.' "Please, take them back, they bring bad luck," she wrote, per The Guardian.

Persons: —, Gabriel Zuchtriegel, Zuchtriegel, bocca al lupo, Italy's RaiNews, Atlantide Phototravel, Nicole Organizations: Service, Daily Mail, Guardian, Reuters Locations: Italy, Atlantide, Canadian, Pompeii

☆ Close-up Photographer of the Year: Images show the hidden wonders of nature
▼ + stars: | 2024-01-12 | by ( Nell Lewis | ) edition.cnn.com time to read: +3 min

CNN —Mesmerizing photos of ants firing acid, a shrimp floating over a rainbow-colored mosaic sea star, and a butterfly peering in at a wedding party are among the winning images of the Close-up Photographer of the Year 2023 competition. The contest, in its fifth year, celebrates micro and macro photography, striving to show the hidden wonders of the natural world, from microscopic fungi to majestic animals. Micro is the term used for taking photos of tiny subjects that require magnification, while macro involves capturing close-up images of larger subjects. The title of young close-up photographer of the year went to 17-year-old Spaniard Carlos Pérez Naval for his image of a Moorish gecko on a wall covered with pyrolusite crystals. While many other photo awards feature close-up categories, they believed there was a need for an entire competition dedicated to macro and micro photography.

Persons: Tracy Calder, ”, Csaba Daróczi, Carlos Pérez, “, –, Calder, Daniel, “ There’s Organizations: CNN Locations: Hungarian, Calamacha, Spain

☆ Goldman breaks down the laggard trade and gives its comeback picks for first quarter 2024
▼ + stars: | 2023-12-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Today's market-leading stocks may not have the luxury to sit on their laurels, according to Goldman Sachs. Since Goldman Sachs began tracking the "Laggards" trade in 2022, the trend has held up 13 years out of 21, according to Mehta. The laggards have on average outperformed the S & P 500 by 130 basis points. The first, "differentiated buys," includes opportunities where Goldman Sachs analysts have out-of-consensus buy ratings. Finally, Goldman Sachs analysts also identified stocks with a "track record of CROCI [cash return on capital invested] generation," a metric that evaluates a company's cash return against its total equity.

Persons: Goldman Sachs, there's, Deep Mehta, Mehta, Laggards, laggards, Locker, — CNBC's Michael Bloom Organizations: Financial, Barclays, Mosaic, CF Industries, Clear, Chesapeake Energy, Shoals Technologies, Biomarin Pharmaceutical, Body Works, Mohawk Industries, Bristol, Myers Squibb, Honeywell International, United Parcel Service Locations: . Norfolk Southern, Bath

☆ Madonna Lived to Tell
▼ + stars: | 2023-12-01 | by ( Guy Trebay | ) www.nytimes.com time to read: +2 min

The account, The AIDS Memorial, is an evolving testament, told in photographs, videos and user stories, to lives lost to a devastating and, it can occasionally seem, forgotten epidemic. To date, Mr. Armstrong has posted more than 11,000 of these tales, and if you are aware of them at all, that may owe to one woman: Madonna. The 65-year-old singer was early among the 269,000 followers of The AIDS Memorial. And, if it did not inspire her outright, the Instagram account served as the basis for a showstopping element of her current “Celebration” tour, which comes to Barclays Center in mid-December. By extension, Madonna’s choice to deploy the montage early in each “Celebration” performance as a backdrop for a rendition of the 1986 song “Live to Tell” is as politically trenchant as it is deeply personal.

Persons: Stuart Armstrong, Armstrong, Sarah Schulman —, —, Martin Burgoyne Organizations: Barclays Center, World Health Organization, The Locations: Edinburgh, York, British

☆ Fact Check: The moon is not a reflection of Earth
▼ + stars: | 2023-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

The moon is not a reflection of Earth, despite a viral TikTok clip circulating online. A clip (archived) circulating online opens with a visual of the moon and text printed across the upper-third that reads, “This Proves My Video ‘Moon is a Reflection of Earth.’”A voice over can then be heard claiming that the moon is a “translucent plasma luminary” which is why you can see the moon during the day. The individual moves the light source and with it, the two light points move, opposite each other, around the resin. The video does not prove that the sun and moon are reflections of another light source, or that the moon is a reflection of Earth. The moon is not a reflection of Earth.

Persons: ” Mike Boylan, Read Organizations: University of Texas, Reuters, European Space Agency, National Aeronautical and Space Agency, NASA, Reconnaissance, Thomson Locations: Austin

☆ Jill Biden unveils White House holiday decorations
▼ + stars: | 2023-11-28 | by ( Christy Choi | Sam Fossum | ) edition.cnn.com time to read: +3 min

CNN —Complete with 98 Christmas trees, 72 wreaths and 2.8 miles of ribbon, the White House has been transformed into a classic winter wonderland for the holidays. The little engine that could: A vintage toy train chugs around the base of a Christmas tree in the Blue Room. The White House expects some 100,000 people to visit during the holiday season. Decorations in the Vermeil Room celebrate music and performance, complete with a mechanical theater featuring rotating United States Marine Band figures. Evan Vucci/APDeck the halls: The White House's China Room transformed into a dessert shop, tables laden with festive treats.

Persons: Santa Claus, Fraser, Jill Biden, Joy ”, ”, Biden, It’s, Evan Vucci, children’s, Gerald Ford, Kevin Dietsch, Saint Nick, Mandel Ngan Organizations: CNN, White, National Guard, Historical Association, United States Marine, Santa, Getty Locations: China, Santa, AFP

ST. PAUL, Minn. (AP) — Iris Logan was having a hard time growing grass in the front yard of her St. Paul, Minnesota, home, so she covered the space with stones, statues and decorative art. Logan, 70, has been given notice to clean up the “planters, wood, metal cans, large rocks and miscellaneous debris” cited after a recent inspection, the St. Paul Pioneer Press reported. The City Council will take up the matter Dec. 6. This also keeps the tree roots clear and provides a place to shovel snow in the winter," Rodriguez said in an email to the Pioneer Press. “The quick support from our neighbors has been a clear signal of how much this art means to our community," Lewandowski said.

Persons: — Iris Logan, . Paul, Logan, ”, “ I’m, ” Logan, Casey Rodriguez, Rodriguez, Justin Lewandowski, He’s, Lewandowski, It’s Organizations: PAUL, ., . Paul Pioneer Press, City Council, St, Paul Department of Safety, Pioneer Press Locations: Paul , Minnesota, Logan, Mississippi

☆ Why Warblers Flock to Wealthier Neighborhoods
▼ + stars: | 2023-11-21 | by ( Hillary Rosner | ) www.nytimes.com time to read: +2 min

The evolutionary effects of redlining are percolating through urban wildlife populations, but they are not yet set in stone. Not only does the composition of wildlife differ between neighborhoods, but so does the incidence of people looking for wildlife. Diego Ellis Soto, a Ph.D. student at Yale, found that across the country, historically redlined neighborhoods were the least studied areas for bird diversity. Mr. Ellis Soto, who is from Uruguay, said he was shocked when he arrived in New Haven and saw how segregated the city was. “How can we protect what we don’t have information for?” Mr. Ellis Soto said.

Persons: ” Chloé Schmidt, Schmidt, “, “ Redlining, redlining, ”, Dr, Katti, Diego Ellis Soto, Ellis Soto, Mr Organizations: German Center, Integrative Biodiversity Research, Yale Locations: New Jersey, U.S, Uruguay, New Haven

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Disney, Microsoft, AMD, Amazon, Adobe & more
▼ + stars: | 2023-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley downgrades Freyr Battery to equal weight from overweight Morgan Stanley said the battery maker faces "significant challenges." Barclays upgrades Fortrea to overweight from equal weight Barclays said in its upgrade of the health contract research company that it sees improved bookings. Barclays upgrades Mosaic and Nutrien to overweight from underweight Barclays upgraded several potash and aggriculture companies and said a compelling entry point. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on shares of Tesla . Barclays reiterates Disney as equal weight Barclays said it's having trouble finding upside for Disney shares.

Persons: Wells, Needham, Docebo, Morgan Stanley downgrades Freyr, Morgan Stanley, FREY, Andrew Stanleick, Bernstein, Redburn, Goldman Sachs, Goldman, it's, Baird, Kraft Heinz, Miguel Patricio, " Roth, Marvell, Roth, Tesla, laggards, Evercore, TD Cowen, Cowen, We've Organizations: Microsoft, TAM, Deutsche Bank, Deutsche, UBS, Barclays, Mosaic, NTR, ICL, OW, UW, JPMorgan, Apple, Nvidia, Aspen Technology, Kraft, Marvell Technology, Devices, Tesla, Adobe, Disney Locations: BeautyHealth, U.S

☆ These losing stocks could surge as the year winds down, Bank of America says
▼ + stars: | 2023-11-10 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

One investor's portfolio loser could be another's winning stock as 2023 draws to a close, according to Bank of America. Buy rated and cheap Bank of America screened for buy-rated stocks that fell at least 10% in 2023 through the end of October that were also overweight by long-only funds as of September. However, Bank of America still rates both names as buys – and others on Wall Street spot potential. Retailer Target is another name that made the cut, garnering a buy rating from Bank of America. Other stocks in Bank of America's list include agriculture play Mosaic , life insurer MetLife , defense giant Northrop Grumman , as well as gas and electric utility CenterPoint Energy .

Persons: Savita Subramanian, Dexcom, Insulet, –, Piper Sandler's Matt O'Brien, — CNBC's Michael Bloom Organizations: Bank of America, Internal Revenue, Bank of, Target, MetLife, Northrop, CenterPoint Energy Locations: Bank of America, Bank

☆ Morning Bid: Some payback, but bonds hug gains on oil
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +5 min

The oil price slide was helped by signs from Israel that it's open to pauses in the Gaza fighting. The typically hawkish Minneapolis Fed boss Neel Kashkari insisted it was still too early to take another rate hike off the table. Elsewhere, the Reserve Bank of Australia raised its policy interest rate again, as expected, by another quarter point to a 12-year high of 4.35%. Overall, the global stocks picture reflected some of the cooling of last week's rally and some of the China export numbers. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Lucas Jackson, Mike Dolan, that's, Neel Kashkari, Christopher Waller, Michael Barr, John Williams, Lorie Logan, Jeffrey Schmid, Zimmer, Jack Henry, Akamai, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, Minneapolis Fed, International Monetary Fund, Reserve Bank of Australia, Asia bourses, UBS, Credit Suisse, Federal Reserve Bank of New, Michael Barr , New York Fed, Dallas Fed, Horton, Mosaic, Emerson Electric, Occidental, Devon Energy, Products, Chemicals, Gen, Fidelity, Reuters, Reuters Graphics, Thomson Locations: New York, U.S, Israel, Gaza, China, Asia, Japan, Hong Kong, Swiss, Canada, Federal Reserve Bank of New York, Michael Barr ,, Lorie Logan , Kansas, eBay, Gilead, Occidental Petroleum

☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

We are actually going to be looking at this in the very early days of generative AI. casey newtonYeah, this feels like one of the big questions in AI right now. rebecca tushnetSo I see why you say that’s strange, but in fact, it’s exactly how you would make a general-purpose tool. But now, finally, along come these new technologies to take them down a peg, and they’re actually going to have to work for a living. So maybe they’re slapping, like, AI sort of things around the stories that they’re aggregating.

Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton Dots, casey newton, they’re, kevin roose —, casey newton Dot, CASEY, Biden, Mr, kevin roose I’m Kevin Russo, ” casey newton, Casey Newton, Rebecca Tushnet, casey newton Kevin, I’d, Rachel, kevin roose Aw, Harry Potter, kevin roose Wow, SpongeBob, Chuck Schumer, let’s, it’s, Claude, kevin roose Totally, casey newton Yes, Yann LeCun, It’s, you’re, you’ve, Sam Altman, Dario Amodei, kevin roose I’ve, Arati Prabhakar, arati prabhakar, Ben Buchanan, ben buchanan, casey newton Well, Dodd, Frank, I’m, kevin roose Will, You’ve, kevin roose God, kevin roose Hey, Casey, we’ve, Sarah Anderson, who’s, Emad Mostaque, Anderson, weren’t, Kevin, — casey newton, ” rebecca tushnet, rebecca tushnet, that’s, there’s, casey newton Right, I’ve, “ Barbie, “ Barbie ”, Sarah Anderson’s, rebecca tushnet It’s, Barbie, casey newton I’m, Rebecca, Westlaw, we’re, Cory Doctorow, what’s, casey newton Um, Pattie, it’s minty, Patties, Let’s, casey newton No, it’ll, casey newton That’s, KEVIN, “ Joe Biden, ’, Bruce Reed, Joe Biden, ” ‘, Reed, Camp David, Biden’s, —, kevin roose Jack, Jack, ”, Lily James, kevin roose Oh, kevin roose Ugh, kevin roose Horrible, kevin roose “ Cruise, ” “ Cruise, They’re, haven’t, casey newton Close, kevin roose It’s, Guy, casey newton I’ve, Newton Organizations: Target, Opera, The New York Times, White, White House, casey newton People, Google, casey, Science, Technology, Defense Department, Biden White House, Communications, Department of Commerce, European Union, Harvard Law, Midjourney, Copyright, Stability, Harvard Law School, Associated Press, Adobe, Starbucks, Disney, YouTube, Stetson, Media, Biden, NVIDIA, Variety, Staff, Associated, Microsoft, Guardian, General Motors, Cruise, House Locations: Washington, Bikini, Valley, OpenAI, Anthropic, Silicon Valley, Europe, America, York, They’re, Camp, Sydney, United States, California, Austin , Texas, Phoenix, Dallas , Houston, Miami, San Francisco, Franciscans

☆ The US wants a Russian oligarch's seized $300 million superyacht that features an infinity pool, a movie theater, and a helicopter landing pad
▼ + stars: | 2023-10-24 | by ( Paul Squire | Hannah Getahun | ) www.businessinsider.com time to read: +3 min

The US has filed a civil forfeiture case against a $300 million superyacht it alleges is owned by a Russian oligarch. The superyacht was seized in Fiji in 2022 and features an infinity pool and a helicopter landing pad. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe ship was then seized by the US Department of Justice and moved to California where it remains docked. Khudainatov's lawyers told Reuters that they've filed a lawsuit in the US as well seeking to get the superyacht back.

Persons: Suleiman Kerimov, —, Damian Williams, Kerimov, Vladimir Putin, Williams, Andrew Adams, Adams, Eduard Khudainatov, hasn't, they've Organizations: US, Service, BBC, US Department of Justice, Reuters Locations: Russian, Fiji, Ukraine, Vladivostok, North Korea, California

☆ Fmr. NBA superstar Andre Iguodala on life after basketball, VC investing and team ownership
▼ + stars: | 2023-10-23 | 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 EmailFmr. NBA superstar Andre Iguodala on life after basketball, VC investing and team ownershipAndrew Iguodala, former NBA champion with the Golden State Warriors, joins 'Squawk Box' to discuss life after basketball, VC investing, Mosaic venture capital fund, and more.

Persons: Andre Iguodala, Andrew Iguodala Organizations: NBA, Golden State Warriors

☆ Databricks, the $43 billion analytics firm, acquires data startup Arcion for $100 million
▼ + stars: | 2023-10-23 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Databricks has agreed to acquire Arcion, an enterprise data company, for about $100 million, including incentives, CEO Ali Ghodsi told CNBC ahead of an official Monday announcement. The acquisition comes after Databricks announced a $500 million funding round in September at a valuation of $43 billion. Arcion is Databricks' first acquisition since acquiring MosaicML, an AI infrastructure startup specializing in training large language models, for $1.3 billion. It's part of Databricks' AI push, and partly inspired by the tech sector's growing interest in generative AI, which can require a lot of training data. "We think we can make a lot of revenue on this particular acquisition," Ghodsi said.

Persons: Ali Ghodsi, Databricks, Ghodsi, we're, Rajkumar Sen, Miryana Organizations: Databricks Inc, Bloomberg Technology, CNBC, Oracle, Arcion's Locations: San Francisco

☆ 'Sticky' inflation is still high but that is a good sign for the health of the economy
▼ + stars: | 2023-10-19 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As interest rates skyrocketed over the last 18 months, inflation fell from a 40-year high during the summer of 2022. Laoshi/Getty ImagesMcCulley echoed this when asked if strong retail sales are sign that the economy is not coming in for a soft landing. In the short term, further declines in inflation could be difficult if people are spending money they saved during the pandemic. Strong consumer spending is a good sign, but the economy is not out of the woods yet.

Persons: it's, —, Daniel Greenhaus, Greenhaus, Paul McCulley, McCulley, Tim Quinlan, Quinlan, Laoshi, didn't, Tom Barkin, ZIlloq, Paul Bradbury, Patrick Harker, Harker Organizations: Service, payrolls, Georgetown's School of Business, Wells, Richmond, Getty Images, Fed Locations: Wells Fargo

☆ Jim Cramer argues the bears are wrong: The economy and market are actually strong
▼ + stars: | 2023-10-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Lower rates with higher job growth — an uncertain positive that I can't recall ever seeing — may be upon us. If you take the existential off the table and realize the market strength the bears cannot see, you actually want to own stocks. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: We've, Jerome Powell, Powell doesn't, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Club, Treasury, U.S . Labor, Federal Reserve, Washington , D.C, Fed, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Bloomberg, Getty Images Bloomberg, Getty Locations: Washington ,, New York, U.S

☆ Generative AI needs tools to avoid copyright infringement, Databricks' Naveen Rao says — or more companies could meet Napster's fate
▼ + stars: | 2023-10-10 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +4 min

Naveen Rao is VP of Generative AI at Databricks and co-founder of LLM-training platform MosaicML. Rao says copyright infringement could prevent companies from successfully monetizing AI. Rao, who oversees generative AI strategy for Databricks after it bought his startup MosaicML for $1.3 billion, likens it to the issue that crushed Napster, the 2000s-era music-sharing platform. "We build tools that enable companies to differentiate their AI from everyone else's and leverage their data uniquely," Rao told Insider. The more people building generative AI technology the better, Rao says.

Persons: Naveen Rao, Rao, —, ChatGPT, Jodi Picoult, George R.R, Martin, OpenAI, he's Organizations: Service, Napster, Apple, iTunes, Thrones, Metallica, Qualcomm, Intel

☆ JetBlue Plus Card Review
▼ + stars: | 2023-10-06 | by ( Ben Luthi | ) www.wsj.com time to read: +7 min

When you fly JetBlue, you’ll enjoy standard airline card benefits such as one free checked bag for you and up to three companions. If you use your card to book a JetBlue Vacations package, you’ll get a statement credit of up to $100 each year. The JetBlue Plus Card charges a $99 annual fee, which is on the low end for airline credit cards. If you frequently fly with JetBlue, the JetBlue Plus Card can be a great way to earn free flights and get some extra perks when you travel. Methodology: How we evaluated the JetBlue Plus CardTo choose Buy Side from WSJ’s Best Airline Cards, we compared 23 credit cards from 10 major domestic airlines.

Persons: Ben Luthi, You’ll, you’ll, you’re Organizations: East, JetBlue, you’ll, Card, West Coasts, Citi Premier Credit Locations: West Coasts, U.S, Delta, West

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