DIRS.INFO The most relevant business & tech news

☆ Will Biden’s Help for Ukraine Come Fast Enough and Last Long Enough?
▼ + stars: | 2024-06-13 | by ( David E. Sanger | ) www.nytimes.com time to read: +1 min

So on Thursday, he rolled out a new set of alternative steps, each designed to demonstrate to President Vladimir V. Putin of Russia, and to the Ukrainians, that the United States and its allies have no intention of packing up and leaving, as they did in Afghanistan, even if Ukraine remains outside NATO for years. He signed a 10-year security pact — albeit one with vague commitments and an early exit option — with Ukraine’s president, Volodymyr Zelensky. Mr. Biden portrayed the agreement as a long-term guarantee of continued arms, intelligence support, advice and technology to win the current war and deter a new one. And he said the United States would take the lead in providing a loan of about $50 billion to Ukraine to rebuild its devastated ports and power plants, buy weapons and close its budget gap. The money is to be repaid from interest generated from $300 billion in assets that Mr. Putin, inexplicably, left in Western financial institutions before his February 2022 invasion.

Persons: Biden, Vladimir V, Putin, Volodymyr Zelensky, Mr Organizations: NATO Locations: Europe, Ukraine, NATO, Russia, United States, Afghanistan

☆ Euro 2024: Ukraine hopes to show the ‘spirit of our nation’ at tournament
▼ + stars: | 2024-06-13 | by ( Don Riddell | Ben Church | ) edition.cnn.com time to read: +6 min

“We all understand that football is not the most important thing now in Ukraine,” Ukraine head coach Sergiy Rebrov tells CNN Sport. “But I think our successful performance in Europe gives our people in Ukraine positive emotions. “Before [the war], when you’re fighting on the pitch, you are thinking only about the result. The team hopes to provide Ukraine with some respite from the war during the tournament. “Everybody from Ukraine […] is trying to help each other, trying to help our defenders, trying to help the volunteers,” Rebrov says.

Persons: It’s, Sergiy Rebrov, Volodymyr Zelensky, ” Rebrov, Rafal Oleksiewicz, Mykhailo Mudryk, Oleksandr Zinchenko, Rebrov, “, ”, Strangmann, UEFA’s, Sergei Gapon, Zelensky, Oleksandr Usyk, Elina Svitolina Organizations: CNN, Romania, Ukraine, ”, CNN Sport, “, Chelsea, European, Getty, UN, Rights Locations: Ukraine, ” Ukraine, Europe, England, Italy, Bosnia, Herzegovina, Iceland, Belgium, Slovakia, Ukraine –, AFP, Ukrainian, Russia, Germany, Kharkiv

“I never loved him,” Trump said of Valadao, according to a GOP member. Trump did not shy away from acknowledging the bad blood between House Speaker Mike Johnson and GOP Rep. Marjorie Taylor Greene, who unsuccessfully tried to oust Johnson against Trump’s wishes. House Republicans voted to hold Attorney General Merrick Garland in contempt of Congress on Wednesday. In his meeting with GOP lawmakers, Trump called the Department of Justice “dirty no good bastards,” according to another source in the room. In a news conference after the meeting, House Majority Whip Tom Emmer said that the former president’s felony convictions have only energized the party that will propel them to victory in November.

Persons: Donald Trump, Taylor Swift, Nancy Pelosi, Trump, –, David Valadao, “, ” Trump, Valadao, Mike Johnson, Marjorie Taylor Greene, Johnson, Trump’s, Greene, “ He’s, ”, ’, Merrick Garland, Department of Justice “, Kevin Hern, Tom Emmer, it’s, ” Emmer, Roe, Wade, Nancy Mace, Ronald Reagan, Derrick Van Orden, Pelosi, —, popstar Taylor Swift, Joe Biden, Hannibal Lecter Organizations: CNN, House Republicans, Capitol, Republicans, GOP, Department of Justice, Food, Milwaukee, Wisconsin Republican, Milwaukee ”, Republican Locations: California, Oklahoma, New York, Ukraine, Wisconsin, Milwaukee

☆ Amazon has a secret workaround to scrape Microsoft's GitHub for AI model training data, leaked memo shows
▼ + stars: | 2024-06-13 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Microsoft is likely to be unhappy when it discovers that its arch rival Amazon is leaning hard on GitHub for AI training data. "Our LLMs are trained on data from a variety of sources, including licensed and proprietary data, open-source datasets, and publicly available data where appropriate. It also said Amazon employees should create a "classic personal token," not a "fine-grained personal token," when signing up. Tech companies, hungry for even more training data, are also granting themselves new permissions to use a lot more of consumers' information. Though Amazon's legal team has approved the GitHub data scraping workaround, the move could put Amazon in a tricky position.

Persons: —, Rohit Prasad NurPhoto, Rohit Prasad, Amazon, Amazon's, Andy Jassy, Prasad, Matthew Butterick, Joseph Saveri, Joseph Saveri's, Butterick, Copilot Organizations: Service, Business, General Intelligence Group, Amazon, Microsoft, Google, Meta, GitHub, News Corp, Tech, Alexa Locations: GitHub

☆ Elon Musk scores a win — but he's not out of the woods yet
▼ + stars: | 2024-06-13 | by ( Grace Kay | ) www.businessinsider.com time to read: +1 min

Tesla won investor approval for Elon Musk's compensation, but it won't be reinstated just yet. Musk's pay plan, initially approved in 2018, was voided by a Delaware judge in January. AdvertisementTesla announced during its annual meeting on Thursday that it had won approval for Elon Musk's pay package after weeks of campaigning. At the event, Musk took to the stage to do a victory dance but the company has only won its first battle. Despite investor approval, Musk won't get his pay package back just yet.

Persons: Tesla, Elon, —, Musk Organizations: Service, Elon, Business Locations: Delaware

☆ How Elon Musk's massive pay package stacks up against other CEOs
▼ + stars: | 2024-06-13 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

The results of the Tesla shareholder vote on Elon Musk's pay package will be announced Thursday. And if the pay package does eventually get approved, it's hard to know exactly how much it will be worth when Musk, who is worth $198 billion, per Bloomberg, actually exercises the options. Musk's pay package was worth $2.3 billion when it was granted to him in 2018, though its value has sky-rocketed as the stock ballooned and the various tranches of options vested. "When you start seeing someone making a couple hundred million — $250 million, $220 million — it seems that's when questions and media coverage starts to happen," Schloetzer said. AdvertisementTo put Musk's pay package into perspective, we compared it to those of other CEOs.

Persons: Musk, Tesla, Jason Schloetzer, it's, hasn't, Schloetzer Organizations: Service, Elon, Barclays, Kering, Business, Georgetown University's McDonough School of Business, Bloomberg Locations: Delaware, Iceland, Paraguay

☆ 'Broken rungs' on the corporate ladder are holding Latinas back from the C-suite
▼ + stars: | 2024-06-13 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Latinas face the steepest climb up the corporate ladder despite being as ambitious as their white peers, according to new research from Lean In. Latinas lag behind nearly all other major demographic groups in the executive ranks — white men and white women, Black men and women, even Latino men — comprising a mere 1% of C-suite executives at U.S. companies. A "broken rung" at the first critical step up to manager is still holding Latinas back from climbing the corporate ladder — for every 100 men promoted to manager, only 74 Latinas are promoted, Lean In reports. Latinas are less likely than white women and women overall to have their work highlighted to a leader or to have benefited from a sponsor action like being recommended for a promotion. Nearly half (44%) of Latinas say career growth has become more important to them in the last two years, compared with 32% of white women, Lean In reports.

Persons: Latinas, Rachel Thomas, Lean In's, Anna Dapelo, Garcia, she's, Lean Organizations: Lean, U.S, CNBC, Stanford Health Care, Latina Locations: America, U.S

☆ Russian Prosecutors Finalize Indictment of Evan Gershkovich
▼ + stars: | 2024-06-13 | by ( Ivan Nechepurenko | More About Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

Russian prosecutors announced a major step on Thursday in their case against the imprisoned American journalist Evan Gershkovich, saying they had finalized the espionage indictment against him and that he would be tried in the Russian city of Yekaterinburg, where he was arrested more than a year ago. The Russian authorities have suggested that they could be open to a prisoner swap for Mr. Gershkovich, a reporter for The Wall Street Journal, but only after a verdict is handed down. The detention of Mr. Gershkovich, the first American journalist arrested on a spying charge since the end of the Cold War, highlighted the extent to which Russia’s invasion of Ukraine has damaged relations between Moscow and Washington. In a statement, the prosecutors said they had determined and confirmed that “under instructions from the C.I.A.” and “using secrecy methods,” Mr. Gershkovich “was collecting secret information” about a factory that produces tanks and other weapons in the Sverdlovsk region.

Persons: Evan Gershkovich, Gershkovich, Mr, Gershkovich “ Organizations: Wall Street Locations: American, Russian, Yekaterinburg, Ukraine, Moscow, Washington, Sverdlovsk

☆ Election Updates: Trump returns to Washington to flex political muscle.
▼ + stars: | 2024-06-13 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +6 min

“There’s high anticipation here and great excitement,” Speaker Mike Johnson told reporters on Wednesday before Mr. Trump’s visit. Mr. McConnell condemned Mr. Trump’s actions and declared him responsible. Pressed about Mr. Trump’s visit to Washington, Mr. McConnell told reporters on Wednesday, “I said earlier this year I supported him. He’s earned the nomination by the voters all across the country.”Defying the expectations of Mr. McConnell and many others, Mr. Trump did not disappear. Most of corporate America had turned its back on Mr. Trump after the violence on Jan. 6.

Persons: Donald J, Trump, Republicans ’, Biden, Trump’s, Mitch McConnell, —, “, Mike Johnson, John Barrasso of, McConnell, acquit, Erin Schaff, Mr, He’s, Ron DeSantis, Tim Cook, Jamie Dimon Organizations: Republicans, Republican, Trump, Business, Capitol, Biden’s Electoral, The New York Times, Gov, Capitol Hill, Apple, JPMorgan Chase, America Locations: Washington, Manhattan, John Barrasso of Wyoming, Georgia, Lago, Florida, Mecca

☆ I have an introverted daughter and an extroverted daughter. We give them each space to be who they are.
▼ + stars: | 2024-06-13 | by ( Erin La Rosa | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. This isn't a new situation for me — my older daughter wilts around big groups of people while my younger daughter lights up in the presence of others. I'm what they call an extroverted introvert — someone who enjoys socializing but still needs time to recharge afterward. AdvertisementWe build in introvert and extrovert time during the weekWeekdays are easier for us to schedule activities catered to each of our kids. When my extrovert needs some stimulation, I'll take her out for an adventure at the zoo while my husband has a 1:1 movie date with our introvert.

Persons: I'm, I've, we're, We've, Erin La Rosa Organizations: Service, wilts Locations: introvert, Los Angeles

☆ Trump Returns to Washington With Renewed Grip on the G.O.P.
▼ + stars: | 2024-06-13 | by ( Maggie Haberman | Jonathan Swan | ) www.nytimes.com time to read: +1 min

Donald J. Trump flew into Washington last summer in a state of misery. He was there for his criminal arraignment, and he told associates afterward that the city was disgusting. He could feel Washington’s hostility, aides said. Today, he returns to the nation’s capital under much different circumstances — to flex his dominance over a political and business establishment that has been forced to come to terms with him. After years of hoping that someone else could step up to lead their party, that establishment is gradually submitting to the reality of the 2024 campaign.

Persons: Donald J, Trump, Republicans ’, Biden, Trump’s, Mitch McConnell, — Organizations: Republicans, Republican, Trump Locations: Washington, Manhattan

☆ What is Apple’s AI doing with your data?
▼ + stars: | 2024-06-13 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models. After fulfilling a user’s AI request, Private Cloud Compute scrubs itself of any user data involved in the process, Apple said. For example, when you use ChatGPT, OpenAI discloses that it uses your data to further train its AI models. With Private Cloud Compute, you theoretically won’t have to take Apple’s word that it doesn’t use your data for AI training. Apple’s AI models didn’t spring up out of nowhere.

Persons: Washington CNN —, you’ve, Apple, ChatGPT, Siri, didn’t, OpenAI, ChatGPT’s, ”, Craig Federighi, —, ” “, Apple hasn’t Organizations: Washington CNN, Worldwide Developers, Apple, Apple Intelligence Locations: Apple’s

☆ How to stay safe from tick- and mosquito-borne illnesses this summer
▼ + stars: | 2024-06-13 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

Ladislav Kubeš/iStockphoto/Getty ImagesCNN: Let’s start by talking about tick-borne diseases, specifically Lyme disease. Dr. Leana Wen: In the United States, Lyme disease is the most common vector-borne disease and is transmitted by ticks. People who contract Lyme disease may experience temporary symptoms similar to the flu, such as muscle aches, fever and headache. CNN: Has the incidence of Lyme disease increased in recent years? While most US cases involve travelers who contracted malaria from other parts of the world, locally transmitted cases have occurred, too.

Persons: Leana Wen, Wen, Ladislav Kubeš, Lyme, You’ve Organizations: CNN, Northern, George Washington University, Getty, US Centers for Disease Control, US Environmental Protection Agency Locations: Lyme, West, United States, Florida , Texas, Arizona, California, Maryland

☆ A Harvard processed foods expert shares 3 simple food swaps you can make for a healthier brain and gut
▼ + stars: | 2024-06-13 | by ( ) www.businessinsider.com time to read: +5 min

Their study found that a 10% increase in processed food consumption was linked to a higher risk of cognitive impairment. That means you can't offset the consequences of a junk food diet by popping some multivitamins or gulping a green juice afterward. We're feeding a really complicated ecosystem in the gut that helps metabolize what we eat," Kimberly said. Aim for ingredients you recognizeYou don't have to give up processed foods completely to improve your health. In the long run, it can be more helpful to make a few small swaps you can stick to than trying (and failing) to swear off processed foods forever.

Persons: —, W, Taylor Kimberly, he's, Kimberly, I've, hasn't, they're Organizations: Service, Harvard Medical School, Massachusetts General Hospital, Business Locations: Massachusetts

☆ Armenia to withdraw from Russia-led military alliance, accusing members of plotting war
▼ + stars: | 2024-06-13 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

CNN —Armenia will leave a Russia-led military alliance, Prime Minister Nikol Pashinyan confirmed Wednesday, accusing members of the bloc of plotting with bitter rival Azerbaijan to start a war against them. Since the collapse of the Soviet Union, Armenia and Azerbaijan have fought two wars over the breakaway Nagorno-Karabakh region, which Azerbaijan reclaimed in full by force in September. Russia has traditionally allied with Armenia, but their relations have soured in recent months while Moscow’s ties to Azerbaijan have deepened. Pashinyan confirmed to lawmakers that Armenia will withdraw from the Russia-led military alliance. Azerbaijan has also demanded that Armenia change its constitution to remove a reference to Karabakh independence, but Pashinyan has so far resisted the calls.

Persons: Nikol Pashinyan, Pashinyan, ” Pashinyan, Karen Minasyan, “, ”, Vladimir Putin, Pashinyan –, Azerbaijan –, Ilham Aliyev, Armenpress, Bagrat Galstanyan, ” Galstanyan Organizations: CNN, Security, Organization, European Union, Getty, AFP Locations: Armenia, Russia, Azerbaijan, Moscow, United States, Soviet Union, Karabakh, Yerevan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Soviet, AFP, Nagorno, Aliyev

☆ Neither Biden nor Trump is seriously addressing the safety net crisis
▼ + stars: | 2024-06-13 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

“They’re both promising not to tackle the debt,” Ryan said, coming back to the issue that has animated his political career. Trump wants to extend all of the tax cuts, which could further explode the debt without corresponding spending cuts. When Trump and Republicans enacted the current tax structure, they made individual tax cuts temporary and most of the corporate tax cuts permanent. Biden has proposed additional taxes on those making more than $400,000 to address Medicare’s solvency, among other ideas, but does not have a detailed Social Security plan. The dirty little secret in all of this is, Medicare and Social Security are going insolvent on their own.

Persons: Donald Trump, Paul Ryan, he’ll, Trump, ”, Ryan, Republican –, “, ” Ryan, Sen, Mitt Romney, “ They’re, Joe Biden, Biden, Barack Obama, CNN’s Tami Luhby, What’s, won’t, Alan Greenspan, Obama, Republican Sen, Alan Simpson, Erskine Bowles Organizations: CNN, Trump, Republican, Fox News, Social Security, Democrats, Affordable, Biden, Republicans, Democratic, American, Treasury, Medicare, Fox, Federal, White House, National Commission Locations: Wisconsin, Trump, Luhby

☆ The fashion industry needs better sourcing and waste practices — fast. Cloud computing could be a long-term fix.
▼ + stars: | 2024-06-13 | by ( Jake Hall | ) www.businessinsider.com time to read: +8 min

Cloud computing is gaining tractionCloud computing offers on-demand services, from storage to software, over the internet. And the fashion industry has gradually been waking up to the potential of cloud computing. In her report, "Fashion Transformation 4.0: Beyond Digitalization & Marketing in Fashion Industry," she said that the fashion industry must embrace new technologies in order to survive. "Fashion is a terribly old-fashioned industry," Alies ter Kuile, the cofounder of Fashion Cloud, said. With cloud computing, retailers can avoid overbuying stock — a key driver of fashion's textile-waste problem.

Persons: —, It's, Porter, Eon, there's, Bharati Rathore, Rathore, ter, ter Kuile, they're, Ter Kuile, Alan Holcroft, Steven Gonzalez Monserrate Organizations: Service, Green, Google, University of South, Marketing, Fashion Industry, Brands, Cegid Locations: University of South Wales, Dutch, ter Kuile

☆ New species of piranha relative is named after Sauron from ‘The Lord of the Rings’
▼ + stars: | 2024-06-13 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —Thousands of fish species — about 2,500 of them named — call the Amazon River home, but scientists estimate nearly half of the marine creatures lurking in the massive stretch of water remain undiscovered. The marks inspired the fish’s name, Myloplus sauron, according to a study published Monday in the journal Neotropical Ichthyology. The confusion around pacusBesides Myloplus sauron, the researchers also discovered the species Myloplus aylan, which they described as having a slightly thicker black bar on its flank. The Myloplus genus falls within the Serrasalmidae fish family, which is made up of piranha and pacu species. Researchers hope to study Myloplus sauron and Myloplus aylan further to learn more about their evolution and relation to other species, Pereira said.

Persons: Sauron, Tolkien’s “, ”, Victória Pereira, Pereira, sauron, Myloplus, Myloplus aylan, pacus, ’ ”, Matthew Kolmann, ” Kolmann, Kolmann, “ Organizations: CNN, University of Paulista, Amazon, University of Louisville Locations: São Paulo, Brazil, piranhas, Kentucky

☆ The Aftermath of a U.K. Cyberattack: Blood Shortages and Delayed Operations
▼ + stars: | 2024-06-13 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

Several London hospitals, still under significant strain more than a week after a cyberattack crippled services, have asked medical students to volunteer to help minimize disruption, as thousands of blood samples have had to be discarded and operations postponed. The ransomware attack on Synnovis, a private firm that analyzes blood tests, has crippled services at two major National Health Service hospital trusts, Guy’s and St. Thomas’ and King’s College, which described the situation as “critical.”According to a memo leaked in recent days, several London hospitals asked medical students to volunteer for 10- to 12-hour shifts. “We urgently need volunteers to step forward and support our pathology services,” said the message, which was reported earlier by the BBC. “The ripple effect of this extremely serious incident is felt across various hospital, community and mental health services in our region.”The attack also disrupted blood transfusions, and the N.H.S. appealed to the public this week for blood donors with O-negative blood types, which can be used in transfusions for any blood type, and O-positive blood types, which is the most frequently occurring blood type, saying it could not match patients’ blood at the same frequency as usual.

Persons: Thomas ’, ” Organizations: National Health Service, King’s College, BBC Locations: London, St

☆ Biden to nominate Christy Goldsmith Romero as FDIC chair after abrupt departure of predecessor
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: +2 min

Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission (CFTC) speaks during the DC Blockchain Summit in Washington, D.C., on Tuesday, May 24, 2022. President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Greunberg as head of the Federal Deposit Insurance Corporation. A longtime financial regulator, Goldsmith Romero is currently a commissioner at the Commodity Futures Trading Commission, the nation's financial derivatives regulator, and previously worked with the Department of Treasury. Her previous nominations to the nation's financial regulators were unanimously confirmed by the Senate. Gruenberg's resignation would not be official until Goldsmith Romero nomination is finalized.

Persons: Christy Goldsmith Romero, Joe Biden, Martin Greunberg, Gruenberg's, Goldsmith Romero, Sen, Sherrod Brown, Gruenberg, Cleary Gottlieb Steen, Hamilton, hasn't, Tim Scott Organizations: Futures Trading Commission, DC, Washington , D.C, Federal Deposit Insurance Corporation, White, Commodity Futures Trading Commission, Department of Treasury, Georgetown University, Senate, Banking Committee, Republicans, FDIC, Republican Locations: Washington ,, Ohio

☆ Opinion: It’s ok to mock Biden and Trump for their age? Why that’s dangerous
▼ + stars: | 2024-06-13 | by ( Opinion Arick Wierson | ) edition.cnn.com time to read: +7 min

Editor’s Note: Arick Wierson is an Emmy Award-winning television producer and former senior media adviser to former New York Mayor Michael Bloomberg. The Guardian, for example, ran a headline, “Trump is too old and incited a coup. Yet any meaningful conversation about how we, as Americans, need to revisit our prejudices around age have been notably absent in this election. While the benefits are still unevenly distributed, new technologies continue to improve the quality of health care and Americans are once again living longer (after a slight dip during the pandemic.) Americans are not only living longer but better than ever before.

Persons: Michael Bloomberg, Read, ageism, Joe Biden, Donald Trump, “ Trump, Biden, Barack Obama, America’s, Trump Organizations: New York, CNN, Guardian, Los Angeles Times, . North Dakota, American Psychological Association, Fortune, Social Security Administration Locations: United States, America, Africa, . North

☆ AI Is Set to Dominate Cannes Lions Ad Festival This Year
▼ + stars: | 2024-06-13 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

Read previewArtificial intelligence is expected to be the topic du jour at Cannes Lions this week, when the ad industry descends on the French Riviera for its annual shindig in the sun. Businesses are exploring how they can use AI to perform tasks like copywriting, research, and automating their ad campaigns. A Cannes Lions spokesperson said the festival is expecting 12,000 delegates, though many more ad execs and vendors forgo the official festivities to hobnob at the fringe events. Cannes Lions has set its own rules around AI. "Those who will win will figure out the right mix of AI plus the right influencers plus the right concepts," MediaLink's Wagman said.

Persons: —, there's, Klarna, Wayne Levings, Mark Wagman, Wagman, Jessica Apotheker, Apotheker, Scarlett Johansson, David Droga, Mira Murati, Vidhya Srinivasan, Alexander Chen, Greg James, Publicis, Anthony Yell, Razorfish, Yell, BCG's Apotheker, Queen Latifah, Lando Norris, John Legend, Chrissy Teigen, Deepak Chopra, Jason, Travis Kelce, Lenny Kravitz, Janelle Monáe, MediaLink's Wagman Organizations: Service, Cannes Lions, Lions, Business, Cannes, United Talent Agency, Google, Microsoft, Adobe, Boston Consulting Group, Palais, Accenture, OpenAI, Google Creative, North America, Publicis Groupe, influencers Locations: Americas, MediaLink, Cannes

☆ Former Bank Bailout Watchdog Is Choice to Lead F.D.I.C.
▼ + stars: | 2024-06-13 | by ( Emily Flitter | ) www.nytimes.com time to read: +1 min

Christy Goldsmith Romero, a lawyer who spent more than a decade rooting out fraud and other bad behavior at banks that received federal aid in the wake of the 2008 financial crisis, has been chosen to be the next leader of the Federal Deposit Insurance Corporation, the White House announced on Thursday. Her pick is the first step in President Biden’s quest to quickly replace the current chair, Martin Gruenberg, the bank regulator’s longtime leader who said last month that he would resign in response to reports of vast workplace abuse and harassment at the agency. If the Senate Banking Committee acts quickly to hold a hearing and a vote on Ms. Goldsmith Romero’s candidacy, she has a chance of assuming the role before the presidential election in November. In a statement emailed to reporters, the committee’s chairman, Sherrod Brown, Democrat of Ohio, said Ms. Goldsmith Romero “would bring to the F.D.I.C. decades of financial services experience, including valuable experience.”“She has proven herself to be a strong, independent and fair regulator who is not afraid to do what’s right,” he said.

Persons: Christy Goldsmith Romero, Biden’s, Martin Gruenberg, Goldsmith Romero’s, Sherrod Brown, Goldsmith Romero “, ” Organizations: Federal Deposit Insurance Corporation, White, Committee, Democrat Locations: Ohio

☆ Anthony Michael Hall on His Best Movie Roles: 'Breakfast Club,' 'Sixteen Candles' & More
▼ + stars: | 2024-06-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +14 min

On doing 10 auditions for 'Sixteen Candles' and casting John Cusack himselfJohn Cusack, Hall, and Darren Harris in "Sixteen Candles." Is it true that you were the one who cast John Cusack for the role of Bryce, one of Ted's geek friends? I remember John was doing post-production on "Sixteen Candles," and he wanted to show it to me. This is six or eight months later because he did "Sixteen Candles," "The Breakfast Club," and "Weird Science" consecutively. On Christopher Nolan's on-set uniform and developing a 'Succession'-like TV series with Robert Downey Jr.(L-R) Roberty Downey Jr. and Anthony Michael Hall.

Persons: Anthony Michael Hall, Chase, John Candy, John Hughes, Hall, Bill Gates, Christopher Nolan's, Michael Myers, Jessica Alba's, Stanley Kubrick's, Robert Downey Jr, John Candy Anthony Michael Hall, I'm, Eugene Levy, Michael, Uncle Buck, John Cusack, Darren Harris, Ted, Jackie Burch, John, Bryce, Ally Sheedy, Judd Nelson, Emilio Estevez, Molly Ringwald, Ilan Mitchell, Smith, Hughes, Ferris, Chateau Marmont, Mike Tyson, —, I'd, Tim Burton, Edward Scissorhands, Matthew Modine, Davis, Stanley Kubrick, Kubrick's, Kubrick, that's, Chaplin, Winona Ryder, Fox, Jim, Tim Burton's, Tim, Walt Disney, Roberty Downey, Eric Charbonneau, WireImage, Christopher Nolan, Burton, Nolan, it's, Downey, It's, he's, You've, I've Organizations: Business, Netflix, Warner Bros, Hall, Columbia Locations: Hollywood, Silicon Valley, Polish, New York, Manhattan, Beverly Hills, Tampa

☆ Steve Eisman says this is one of the more interesting things on the AI boom he's heard in a long time
▼ + stars: | 2024-06-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Steve Eisman of "The Big Short" fame said a new thesis derived from the artificial intelligence boom has caught his attention. "You can make an argument that the revaluation of hardware is going to continue and that some parts of software will derail." But it's one of the more interesting things that I've heard in a long time," Eisman said. 'Hidden AI play' The widely followed investor has been closely tracking AI developments in the market. Apple announced it would weave generative AI technology across its native apps and latest devices, with features ranging from writing-assistance technology to generative AI-generated emojis.

Persons: Steve Eisman, Neuberger Berman, Eisman, I've, shorting, Michael Lewis's, Apple, Tim Cook Organizations: Apple, Microsoft, Oracle

Search resuls for: "Step"

25 mentions found