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☆ Chipotle's founder wants to open tiny restaurants staffed by robots and three humans
▼ + stars: | 2023-05-25 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Robots and automation are becoming a bigger part of restaurants from Wendy's to Chili's. According to documents obtained by the Post, the startup, called Kernel, uses a model featuring three human workers directing robots along an assembly line. Spokesperson Sarah Rosenberg confirmed to the Post that Ells is at the startup's helm and elements of its plan. Ells grew Chipotle and helped popularize fast casual dining before stepping down as CEO in 2017 after various foodborne illness outbreaks at its restaurants. Ells is far from the first to propose using robots and other technologies in restaurants to automate various procedures and rely on fewer workers.

☆ 'Price bubble' in A.I. stocks will wreck rally, economist David Rosenberg predicts
▼ + stars: | 2023-05-25 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm surrounding AI has become a major distraction from recession risks. "No question that we have a price bubble," the Rosenberg Research president told CNBC's "Fast Money" on Thursday. "[This] looks very weird," said Rosenberg, who served as Merrill Lynch's chief North American economist from 2002 to 2009. Just seven mega-caps have accounted for 90% of this year's price performance," Rosenberg wrote. While mega cap tech outperforms, Rosenberg sees ominous trading activity in banks , consumer discretionary stocks and transports .

Persons: David Rosenberg, CNBC's, Rosenberg, Merrill Lynch's, Jensen Huang Organizations: Rosenberg Research, Nasdaq, Nvidia, Microsoft

☆ The homeowner basics of financing solar power for residential real estate
▼ + stars: | 2023-05-21 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +11 min

There are a host of complicated issues in the solar market, including some contentious politics. Last year, the growth of residential solar in the U.S. boomed. It won't repeat that in 2023, but will remain a large part of the solar market. Ohio, for example, has a state program that offers a reduced rate on a solar loan with certain lenders. GoodLeap (26% of the residential solar market) was No.

[1/4] Migrants, without a place to stay upon arrival in the city, seek safe shelter at the District 12 station of the Chicago Police Department in Chicago, Illinois, U.S. May 17, 2023. Some migrants seeking a safe place to sleep have turned to police stations. Earlier this month, Texas Governor Greg Abbott, a Republican, resumed a campaign of busing migrants to Democratic strongholds further north, including Chicago and New York City. The busing aims to alleviate pressure on border cities and call attention to what Abbott says were overly lenient policies by Biden's Democratic administration. New York City Mayor Eric Adams, a Democrat, has called on the Biden administration to provide more funding to cities receiving recently arrived migrants.

The number of migrants caught crossing the border illegally since Title 42 ended on Friday dropped sharply from highs last week, U.S. Department of Homeland Security (DHS) official Blas Nunez-Neto said on a call with reporters. Nunez-Neto said migrants crossing illegally "now face tougher consequences at the border, including a minimum five-year bar on reentry and the potential to be criminally prosecuted if they try again." Title 42 allowed U.S. authorities to expel migrants to Mexico or other countries without the chance to request U.S. asylum. The Biden administration has also expanded legal pathways that allow more people to enter the U.S. without crossing illegally, including the CBP One appointments and applications available abroad for humanitarian parole and refugee status. The number of migrants caught crossing the U.S.-Mexico border illegally dropped to an average of 5,000 per day since Title 42 ended, down from daily highs of over 10,000 last week, Nunez-Neto said, cautioning that the situation "is very fluid."

☆ It’s Been a Week. What Does It Tell Us About 2024?
▼ + stars: | 2023-05-14 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +2 min

In an interview on Saturday, he said it was not meant to be a criticism. But it was “an appeal for a bolder platform that captures the imagination of working-class Americans and inspires them.”There’s no question that political predictions this far from an election are unreliable. Even Iowa voters tend not to tune in to the race until later in the year, noted David Kochel, a longtime Iowa Republican consultant. One Biden campaign adviser suggested that Mr. Trump had supplied a trove of material for attack ads. Mr. DeSantis’s super PAC, Never Back Down, called the 70-minute performance “over an hour of nonsense.”The crucial question for both parties in 2024 is how to retain the voters they have and regain those they have lost.

☆ Fears of a US debt default are mounting as the deadline to lift the borrowing limit looms. Here's what Elon Musk, Paul Krugman and Jamie Dimon have warned.
▼ + stars: | 2023-05-14 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

Fears of a US debt default are mounting as a deadline to raise the government's borrowing limit draws near. Investors anxiety over the risk of a US debt default is mounting rapidly as a months-long political deadlock over the government's borrowing limit continues. Here's what six prominent figures have said about the ongoing political standoff over the debt ceiling. "You might ask how we're supposed to enforce a debt ceiling if the government can play games with the definition of debt. He said he doesn't expect the US to experience a debt default, but the deadline to reach a deal is soon approaching.

Homeland Security Secretary Alejandro Mayorkas defended the Biden regulation, saying it aims to encourage migrants to enter using legal pathways. U.S. asylum officers hurried to figure out the logistics of applying the new asylum regulation. COVID EMERGENCY ENDS, ASYLUM BAN BEGINSTrump first implemented Title 42 in March 2020 as COVID swept the globe. The order allowed American authorities to quickly expel migrants to Mexico or other countries without a chance to request asylum. Migrants have been expelled more than 2.7 million times under Title 42, although the total includes repeat crossers.

On Friday, that changed when the administration of President Joe Biden ended Title 42, a COVID-inspired provision that allowed the U.S. government to turn away asylum-seekers for public health reasons. At the same time Title 42 expired, the Biden administration implemented a new regulation that presumes most migrants will be ineligible for asylum if they failed to use legal pathways for U.S. entry like CBP One. "This is mostly for my children," Lupita said. Tens of thousands of migrants rushed to the border last week trying to enter the country before the new asylum rules took effect. Reporting by Daniel Trotta in Tijuana and Lizbeth Diaz in Mexico City; Editing by Mica Rosenberg and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ When Packages Go Missing, Can Tenants Check the Surveillance Tapes?
▼ + stars: | 2023-05-13 | by ( Ronda Kaysen | ) www.nytimes.com time to read: +1 min

In recent months, there has been an increase in the disappearance of packages left by delivery workers in the unattended lobby. We have surveillance cameras in public spaces, but they are for the safety of our tenants, not to monitor packages. But tenants have been asking to see the video footage to investigate the missing packages. A: You should address a security problem in your building, but sharing video footage with tenants is not the solution. And once you show one tenant video footage, what do you do when the next tenant asks for it?

Migrants have been amassing in Mexico this week as thousands crossing into the U.S. have strained border cities. The Title 42 restrictions allow U.S. authorities to rapidly expel many non-Mexican migrants to Mexico without the chance to seek U.S. asylum. Biden's new regulation restricting asylum access at the border resembles similar measures implemented under Trump that were blocked by U.S. courts. Some Democrats and immigration advocates have said the regulation undercuts the ability to seek asylum at U.S. borders as required by U.S. law and international agreements. The officials also said they expected Mexico to step up immigration enforcement this week, including in southern Mexico.

The scenes come as Title 42 is set to expire just before midnight on Thursday. But Brandon Judd, president of the National Border Patrol Council representing U.S. border agents, confirmed that agents distributed the handouts. Judd said border officials were working to process as many migrants as possible before Title 42 ends. The flyer also said migrants must report to border authorities before accessing El Paso shelters, an assertion advocates said was not true. But hours later, after seeing other migrants return with U.S. paperwork, he lined up at a border patrol station.

☆ Closing Arguments Delivered in E. Jean Carroll Civil Rape Case Against Trump
▼ + stars: | 2023-05-08 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: 1 min

Monday marked the end of a two-week trial of a lawsuit that Jean Carroll filed in 2022 against Donald Trump. Photo: JANE ROSENBERG/REUTERSLawyers for E. Jean Carroll and Donald Trump made their final pitches to a Manhattan federal jury Monday, clashing over whether evidence presented during the civil trial supported the writer’s account that the former president raped her in a department store dressing room in the 1990s. Roberta Kaplan, a lawyer for Ms. Carroll, noted that Mr. Trump hadn’t called any witnesses at trial.

☆ Tens of thousands join protests against Israeli judicial overhaul
▼ + stars: | 2023-05-06 | by ( Rami Amichai | ) www.reuters.com time to read: +2 min

Crowds gathered in central Tel Aviv on Saturday in a show of defiance against plans which they see as an existential threat to Israeli democracy. Israel's Channel 12 estimated 110,000 people demonstrated in Tel Aviv alone, with other demonstrations held in cities across the country. "I'm very worried for my country," protester Bental Shamir, a 60-year old teacher told Reuters in Tel Aviv. "I'm sure that we are closer than we can imagine," lawyer Dor Lasker, 35, told Reuters regarding the compromise talks. Protesters waved the blue and white Israeli flags that have become a hallmark of the protests over the past three months.

☆ Trump's rape trial defense? His accuser and her friends have Trump Derangement Syndrome
▼ + stars: | 2023-05-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Donald Trump's lawyers have tried to undermine E. Jean Carroll, who accuses him of rape. Just moments later, Trump's lawyers rested their case as well, without presenting any evidence. Carroll and her friends, Trump's lawyers suggest, all have Trump Derangement Syndrome. According to Trump's lawyers, the whole lawsuit is a conspiracy schemed up by ardent Trump critic George Conway. AP Photo/John MinchilloTrump's attorney pointed out that Birnbach had said Trump and his allies had symptoms of Trump Derangement Syndrome.

☆ E. Jean Carroll and Donald Trump Rest Cases in Civil Rape Trial
▼ + stars: | 2023-05-05 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: 1 min

E. Jean Carroll watches as former President Donald Trump’s video deposition is played in court. Photo: JANE ROSENBERG/REUTERSLawyers for E. Jean Carroll and Donald Trump rested their cases Thursday, clearing the way for a federal jury to deliberate next week whether the former president raped the writer in a Manhattan department-store dressing room in the 1990s. Mr. Trump’s lawyers previously said they wouldn’t call any witnesses in the case, and that the former president wouldn’t testify. On Thursday, after Mr. Trump’s lawyers rested their case, U.S. District Judge Lewis Kaplan said that if the former president changed his mind about testifying, he could make a motion to do so before 5 p.m. Sunday.

WHAT IS TITLE 42? The COVID restrictions, known as Title 42, were first implemented under Republican then-President Donald Trump in March 2020 at the beginning of the pandemic. The Biden administration intends to lift Title 42 next Thursday when the U.S. COVID public health emergency ends. In April, the U.S. Border Patrol apprehended some 183,000 migrants, according to preliminary data provided by Brandon Judd, president of the National Border Patrol Council, a 13 percent increase from March. U.S. border cities are bracing for a possible rise in migrants when Title 42 ends.

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Persons: —, you'd, you'll, you've, Read, Chase, I've, El Al, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Eric Rosenberg Organizations: Service, Chase, Target, Walmart, Sapphire, FDIC, Chase Sapphire, TSA, United, United Club, ℠, American Airlines, AAA, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Global, Saks Fifth, Shipping, Mastercard Locations: Israel, New York, Miami, Hulu, Ventura , California

☆ Are we in a recession? Elon Musk says the pile of failed banks proves it.
▼ + stars: | 2023-05-02 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

As for today, let's see what Elon Musk and Larry Summers have to say about the state of the economy. In any case, ex-Treasury Secretary Larry Summers said recession odds for the next year are now sitting at 70%. These six factors suggest the stock market bottomed last October. Morgan Stanley's top equity strategist Mike Wilson thinks investors are banking too hard on a potential Fed rate cut this year. That discrepancy could set the stock market up for a sell-off, in his view.

REUTERS/Jane RosenbergMay 2 (Reuters) - A friend of E. Jean Carroll on Tuesday backed up the writer’s account of being raped by Donald Trump, testifying during a civil trial that she received a phone call about the alleged attack minutes after it occurred. Birnbach, author of many books including "The Official Preppy Handbook,” said Carroll told her Trump slammed her into the wall, pulled down her tights and “penetrated her with his penis.”“I whispered, E. Jean, he raped you. Carroll told jurors last week that Trump put his fingers into her vagina, which she called "extremely painful," and then inserted his penis. Birnbach testified that Carroll refused to go to the police after the alleged rape and asked her to never tell anyone about the incident. Reporting by Jack Queen in New York; Editing by Noeleen Walder and Howard GollerOur Standards: The Thomson Reuters Trust Principles.

☆ E. Jean Carroll, Trump Lawyer Spar in Civil Rape Case
▼ + stars: | 2023-05-01 | by ( Corinne Ramey | James Fanelli | ) www.wsj.com time to read: 1 min

A courtroom sketch shows Trump lawyer Joe Tacopina cross-examining E. Jean Carroll during a civil trial in New York. Photo: JANE ROSENBERG/REUTERSDonald Trump’s lawyer for a second day sought to discredit columnist E. Jean Carroll’s allegations that she was raped by the former president in a Manhattan department store, after a federal judge rejected Mr. Trump’s request for a mistrial in the civil case. Joe Tacopina, Mr. Trump’s lead attorney, suggested Ms. Carroll in the years since the alleged attack had acted in ways that were inconsistent with being a victim of sexual assault.

☆ Last time Trump lawyer Joe Tacopina called a rape accuser greedy and crazy he won. It's a different world now.
▼ + stars: | 2023-05-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

By the time he won an acquittal in a high-profile, 2011 Manhattan criminal trial, Tacopina had attacked what he called her "functional tolerance" for alcohol. She remembered in graphic detail being immobilized in her bed — too drunk to resist — as she was allegedly raped, she told jurors. "She called him a rapist," Tacopina told the jury in openings Monday. "I can dance backwards and forwards in four-inch heels," she told Tacopina when he questioned her dressing-room balancing act. "It caused me to realize that staying silent does not work," she told Tacopina of the courage she saw in that #MeToo wave.

☆ U.N. Body Demands Release of Guantánamo Prisoner Who Was Tortured by the C.I.A.
▼ + stars: | 2023-05-01 | by ( Carol Rosenberg | ) www.nytimes.com time to read: +1 min

The body, which has no enforcement mechanism, also found that Abu Zubaydah had been denied a meaningful review of his detention and so was being unlawfully held. “The appropriate remedy would be to release Mr. Zubaydah immediately and accord him an enforceable right to compensation and other reparations, in accordance with international law,” the group said in an opinion. In 2019, Abu Zubaydah drew sketches of how he was tortured. Image Abu Zubaydah. The report criticized six other nations where the United States held Abu Zubaydah — Pakistan, Afghanistan, Thailand, Poland, Morocco and Lithuania.

☆ Selection of Judge in Trump Case Could Complicate Proceedings
▼ + stars: | 2023-04-30 | by ( Joe Palazzolo | ) www.wsj.com time to read: 1 min

A courtroom sketch shows Justice Juan Merchan instructing the jury in the Trump Organization’s criminal tax trial in Manhattan Criminal Court last year. Photo: JANE ROSENBERG/REUTERSNew York Supreme Court Justice Juan Merchan was assigned to preside over the hush-money prosecution of former President Donald Trump because he had experience overseeing previous litigation involving the former president and his company, according to people familiar with the process, but that history could complicate the proceedings and expose him to more of Mr. Trump’s attacks. Justice Merchan’s journey to the precedent-setting case began with an assignment to referee a subpoena dispute between the Manhattan district attorney’s office and the Trump Organization in late 2020, the people familiar with the matter said.

☆ Alzheimer’s patients may wait years to get treated with new drugs, putting them at risk of more severe disease
▼ + stars: | 2023-04-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +17 min

But time spent waiting robs early patients of their memory and ability to live independently. This condition is often, though not always, a sign of early Alzheimer's disease. PET scans cumbersomeTwo types of tests can diagnosis Alzheimer's disease: PET scans and spinal taps. Early Alzheimer's disease can also be diagnosed with a spinal tap, in which fluid around the spinal cord is extracted with a catheter and tested. He believes big players like CVS will provide infusions for Alzheimer's disease on a major scale if they see there's a large and stable market.

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