DIRS.INFO The most relevant business & tech news

☆ Texas Sues G.M. Over Collection and Selling of Driver Data
▼ + stars: | 2024-08-13 | by ( Stacy Cowley | More About Stacy Cowley | ) www.nytimes.com time to read: +1 min

The state of Texas sued General Motors on Tuesday, accusing the automaker of collecting detailed driving data on 16 million drivers and selling it to insurance companies without their consent. “Millions of American drivers wanted to buy a car, not a comprehensive surveillance system that unlawfully records information about every drive they take and sells their data to any company willing to pay for it,” said Ken Paxton, the state’s attorney general. spokeswoman said the company had been “in discussions” with the attorney general’s office and was reviewing the complaint. “We share the desire to protect consumers’ privacy,” she said. Many customers’ insurance premiums soared because of the data contained in those reports.

Persons: ”, Ken Paxton, Paxton Organizations: General Motors, The New York Times, Motors Locations: Texas

☆ Grant Ellis' Season of 'the Bachelor': Premiere Date, Cast, What to Know
▼ + stars: | 2024-08-13 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Grant Ellis was announced as the star of season 29 of "The Bachelor" on Monday. Here's everything to know about Grant and his season of "The Bachelor." Go to newsletter preferences Thanks for signing up! AdvertisementJenn Tran's season of "The Bachelorette" hasn't concluded yet, but the next Bachelor has already been chosen. Grant Ellis, 30, who was eliminated during Monday night's episode, will be the leading man on season 29 of "The Bachelor."

Persons: Grant Ellis, Grant, —, Jenn, hasn't Organizations: Service, ABC, Business Locations: Houston

☆ 45 unfairly punished stocks primed for a revival: Goldman Sachs
▼ + stars: | 2024-08-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

During the sell-off, strategists at Goldman Sachs recommended buying the dip in US stocks, albeit carefully, as they reiterated their year-end S&P 500 price target of 5,600. Economically sensitive stocks have lagged defensives by at least 5 percentage points in a single week 12 times since 2000, according to Goldman Sachs. "Despite the weak jobs report, our economists believe continued economic expansion is far more likely than recession," Kostin wrote. Goldman Sachs found that those micro factors explained 86% of stock returns in the first half of 2024, versus the long-term average of 57%. Fewer worries about the near-term economic outlook mean stocks will no longer trade in lockstep — a win for active investors.

Persons: —, Goldman Sachs, David Kostin, Kostin, abate, lockstep — Organizations: Service, Goldman, Business, Institute of Supply, Walmart Locations: Japan, lockstep, Monday's

☆ FAFSA rollout was 'a stunning failure,' college aid expert says. Here's how next year will compare
▼ + stars: | 2024-08-13 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

watch nowBy most accounts, the rollout of the new Free Application for Federal Student Aid, better known as FAFSA, was disastrous from the start. Even now, some college students don't know the status of their aid awards for the fall. "The Department's poor planning has led to a stunning failure: Some college students might not have financial aid dollars in their hands in time to start classes in the next few weeks," said Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators. Families 'are falling back on borrowing for college'For many families, financial aid is crucial when it comes to covering college costs, which have now crept into the six figures. The share of parents taking out federal parent PLUS loans to help cover the costs of their children's college education has also grown, other studies show.

Persons: Beth Maglione, Education Miguel Cardona, Mark Kantrowitz, —, Kantrowitz, Sallie Mae's, Jennifer Berg, Sallie Mae, " Berg Organizations: Federal Student Aid, National Association of Student Financial, U.S . Department of Education, Education Department, Department, Education, Finance, Harvard, College

☆ Charlie Cox said he thought Vincent D'Onofrio was 'delusional' for thinking Marvel would rehire them. Now they're back for the 'Daredevil' reboot.
▼ + stars: | 2024-08-13 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

Charlie Cox said he thought Vincent D'Onofrio was 'delusional' for thinking Marvel would rehire them. D'Onofrio turned out to be right, and a new "Daredevil" reboot premieres in March 2025. Go to newsletter preferences Thanks for signing up! AdvertisementVincent D'Onofrio never gave up hope that he would return to 'Daredevil,' his costar Charlie Cox said. Cox and D'Onofrio starred as beloved characters Daredevil and Kingpin in the show's three seasons.

Persons: Charlie Cox, Vincent D'Onofrio, Marvel, D'Onofrio, —, Cox, Netflix's, Jessica Jones Organizations: Service, Netflix's Marvel, Marvel, Disney, Business Locations: Netflix's

☆ Watch CNBC's full video on the Starbucks shake-up
▼ + stars: | 2024-08-13 | 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 EmailWatch CNBC's full video on the Starbucks shake-upNancy Tengler, Laffer Tengler Investments CEO and CIO, and Greg Francfort, Guggenheim equity research analyst, and CNBC's Kate Rogers join 'The Exchange' to discuss Starbucks' future in leadership after the coffee giant announced its new CEO.

Persons: Nancy Tengler, Greg Francfort, Kate Rogers Organizations: Tengler

That’s why, he said, he invested in AppHarvest, a startup that promised a high-tech future for farming and for the workers of Eastern Kentucky. Despite promising local jobs, the company eventually began contracting migrant workers from Mexico, Guatemala and other countries, numerous former employees told CNN. After about a week on the job, Vance took a meeting with AppHarvest founder Jonathan Webb, as Webb later recounted in a Fox News podcast interview. The company’s health care benefits attracted Morgan, a single father, who told CNN he took a pay cut to join the startup. Such comments ring hollow to some former AppHarvest workers, who argue Vance’s rhetoric as a candidate for vice president doesn’t align with the reality they experienced.

Persons: JD Vance, Vance, “ It’s, it’s, ” Vance, AppHarvest, Donald Trump’s, Kentuckians Vance, weren’t, ”, Anthony Morgan, “, Luke Schroeder, AppHarvest’s, JD, Jonathan Webb, Webb, Peter Thiel’s, Thiel, Steve Case, Vance “, Morgan, ” Morgan, ’ ” Anthony Morgan, Shelby Hester, Hester, ” Hester, Grist, Andrew Miller, David Attenborough, Bethany, Gary Broadbent, “ AppHarvest, Mitch McConnell, Hester’s, Mitch Smith, bigwigs, CNN AppHarvest, Martha Stewart, Broadbent, doesn’t Organizations: CNN, Fox, Republican, US Department of Labor, PayPal, AOL, Fox News, AppHarvest, Morehead State University, Workers, Kentucky’s Education, Labor Cabinet, Kentucky Center, Investigative, Kentucky Republican, Securities and Exchange Commission, Retirement Association, Senate, Republican National Convention Locations: AppHarvest, Eastern Kentucky, Kentucky, Mexico, Guatemala, Ohio, Silicon Valley, Morehead, Appalachia, gurneys, Plymouth, Massachusetts, Canada, ”

☆ Podcast: Japan's quest for the most powerful microchip leads semiconductor revival
▼ + stars: | 2024-08-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +25 min

At the end of [the] 1980s, Japanese companies accounted for like 51% of the global semiconductor market. So by doing this ... one thing undercut Japanese semiconductor chip makers' competitiveness in the global market. Another thing [is] that [it] forced open [the] Japanese semiconductor market to foreign players, and this creates opportunity for the U.S., South Korea and Taiwan. And Japanese companies are trying to both develop their own capacity but also attract phone companies to establish fabs there. So by collaborating with international companies, Japanese companies can leverage their existing technology and manufacturing techniques to expand their global share as well.

Persons: Tom Chitty, Fei Xue, Tom Chitty Well, Arjun, Kharpal Fei, Reagan, Arjun Kharpal, Fei, it's, TSMC, Fei Xue Yes, Rapidus, Arjun Kharpal Fei, they're, there's, ASML, you've, He'd, Tom Chitty Fei, Arjun Arjun Kharpal, Tom, Tom Chitty We'll Organizations: TSMC, Rapidus Corporation, Samsung, Economist Intelligence Unit, Economist Intelligence, The Economist, Economist, East, International Relations, U.S, U.S ., Taiwan Semiconductor Manufacturing, IBM, Apple, EV, Japan, Nvidia, Micron, Sony, Nintendo, Canon, South, Samsung Electronics, Tokyo, Screen Holdings Locations: Japan, Taiwan, U.S, Netherlands, Tokyo, beyondthevalley@cnbc.com, East Asia, Fei Xue Japan, South Korea, Japan's, Kyushu, Kumamoto Prefecture, TSMC, That's, China, Kumamoto

☆ Japan to benefit from a stronger yen and unwinding of carry trade, Monex Group's Koll says
▼ + stars: | 2024-08-13 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

In this article 8301.T-JP Follow your favorite stocks CREATE FREE ACCOUNTwatch nowCorrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market. The yen carry trade began unwinding last week, as interest rate hikes by the Bank of Japan strengthened the yen, and led to a sharp sell-off in markets globally. Stock Chart Icon Stock chart icon U.S. dollar/Japanese yen"It is correct to put a price on money. According to Koll, it's possible that as much as 75% of the yen carry trade could have been unwound, though the total size of the carry trade has not been reliably ascertained. Stock Chart Icon Stock chart icon Nikkei 225

Persons: Jesper Koll, …, CNBC's, unwinding, it's, Koll, Claude Trichet Organizations: Monex, Bank of Japan, Nikkei, European Central Bank Jean, CNBC, U.S ., Bank of Locations: Japan, U.S

☆ ‘Zombie star’ of supernova that exploded in 1181 revealed by study
▼ + stars: | 2024-08-13 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +11 min

But Zijlstra, who was not involved with the new study, was the first to make the connection to SN 1181. The report suggested that SN 1181 might belong to the elusive Type Iax category of supernova due to the presence of this “zombie” white dwarf. That energy causes the sudden brightness of the supernova.”That massive collision might explain another curious aspect of the SN 1181 zombie star. “We theorize that the star reignited because SN 1181 was a Type Iax supernova, which is an incomplete explosion. Schaefer added that SN 1181 represents one of the few reliable connections from supernova to supernova remnant.

Persons: ”, Takatoshi Ko, Albert Zijlstra, Dana Patchick, Zijlstra, ” Zijlstra, “, coauthors, NASA's Chandra, ” Ko, Chandra, Ko, Bradley Schaefer, Schaefer, ” Schaefer, astrophysicists Organizations: CNN, Astrophysical, University of Tokyo, University of Manchester, Survey, NASA, ESA, JPL, Caltech, Subaru, Louisiana State University Locations: China, Japan, England, New Mexico, Hawaii

☆ Elon Musk gave a new reason why X had another meltdown introducing a Republican presidential candidate
▼ + stars: | 2024-08-13 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

CNN —Elon Musk said an attack on X delayed his interview with former President Donald Trump by 42 minutes. But Musk also blamed mistakes by X’s staff for the snafu that prevented people from joining the stream. On his social media platform, Truth Social, Trump had called DeSantis’ technical difficulties on X a “disaster,” which Vice President Kamala Harris’ campaign reposted during the meltdown Monday night. But when people tried to access the Trump interview at the scheduled 8 pm ET start time, they were greeted with grayed out screens and were unable to join. Eventually, the interview began, and both X and Musk claimed it was a success.

Persons: CNN — Elon Musk, X, Donald Trump, Musk, ” Musk, ”, Ron DeSantis ’, Trump, Kamala Harris ’, Linda Yaccarino Organizations: CNN, Florida Republican, Twitter, Trump Locations: Florida

Starbucks makes a change at the topThis just in: Laxman Narasimhan is out as the C.E.O. of Starbucks, the company announced on Tuesday, a year and a half since he succeeded Howard Schultz at the coffee chain. Narasimhan will be replaced by Brian Niccol, a fast-food industry veteran who executed a turnaround as C.E.O. Narasimhan has also been rocked by dueling activist investor campaigns and has had to fend off criticism from Schultz. Rachel Ruggeri, the Starbucks chief financial officer, will serve as interim C.E.O.

Persons: Laxman Narasimhan, Howard Schultz, Brian Niccol, Narasimhan, Schultz, It’s, Chipotle, Mellody Hobson, Rachel Ruggeri, Niccol Organizations: Starbucks, Narasimhan Locations: U.S, China

☆ US senator calls on retired F-16 pilots to come 'fight for freedom' in Ukraine after meeting with Zelenskyy
▼ + stars: | 2024-08-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewA US senator who recently visited Ukraine has issued a call for retired F-16 pilots to join Kyiv's air force, where they can fly the American-made aircraft in a "fight for freedom" against Russia. AdvertisementA Ukrainian F-16 is seen on the ground at an undisclosed location in Ukraine on August 4. "If you're a retired F-16 pilot and you're looking to fight for freedom, they will hire you here," the South Carolina senator said at a press conference during his visit to Ukraine. "They're going to look throughout NATO nations for willing fighter pilots who retired to come help them until they can get their pilots trained." AdvertisementA Ukrainian F-16 takes off from an undisclosed location.

Persons: —, Senators Lindsey Graham, Richard Blumenthal, Volodymyr Zelenskyy, Zelenskyy, Ukraine didn't, Graham, Blumenthal, Biden Organizations: Service, Russia, Senators, NATO, Business, REUTERS, US Air Force, South Carolina, Kyiv Locations: Ukraine, Russia, Washington, America

☆ George Clooney is 'irritated' that Quentin Tarantino apparently claimed he isn't a movie star
▼ + stars: | 2024-08-13 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Read previewGeorge Clooney is friends with his "Wolfs" costar Brad Pitt, but when it comes to Pitt's collaborator Quentin Tarantino, he's okay not playing nice. "He did some interview where he was naming movie stars, and he was talking about you, and somebody else, and then this guy goes, 'Well, what about George?' Related storiesTarantino has, however, criticized the lack of movie stars in this day and age more generally, particularly with the "Marvel-ization" of Hollywood. "But they're not movie stars. Tarantino has also praised Pitt as "one of the last remaining big-screen movie stars" in a 2022 interview with GQ.

Persons: —, George Clooney, Brad Pitt, Quentin Tarantino, Pitt, Clooney, Tarantino, Quentin, Robert Rodriguez, George, he's, America, Thor, Noah Baumbach, Adam Sandler, Laura Dern, Michael Clayton Organizations: Service, GQ, Business, Miramax, Marvel, Apple, Venice Film Locations: Tarantino's, Hollywood, Venice

☆ Puerto Rico cancels classes, activates National Guard as tropical storm warning issued for Caribbean
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

SAN JUAN, Puerto Rico — Puerto Rico activated the National Guard and canceled the start of classes in public schools as forecasters warned that the U.S. territory would be hit by Tropical Storm Ernesto, which formed in the Atlantic Ocean on Monday. Tropical storm warnings were in effect for Puerto Rico, the U.S. and British Virgin Islands, Antigua, Barbuda, Anguilla, St. Kitts, Nevis, Montserrat, Guadeloupe, St. Martin, St. Barts and St. Maarten. Officials in the French Caribbean said the storm was expected to drench Guadeloupe on Monday and pass near St. Barts and St. Martin. The National Hurricane Center said Ernesto is forecast to approach Puerto Rico and the U.S. and British Virgin Islands on Tuesday evening. In the neighboring U.S. Virgin Islands, Gov.

Persons: Tropical Storm Ernesto, Martin, Ernesto, ” Nino Correa, Ernesto Morales, ”, Albert Bryan Jr Organizations: JUAN, Puerto Rico —, National Guard, Tropical, Atlantic, National Hurricane Center, British Virgin Islands, National Weather Service, Gov, Atmospheric Administration, NBC Locations: Puerto Rico, Puerto Rico — Puerto Rico, U.S, British Virgin Islands, Antigua, Barbuda, Anguilla, St, Kitts, Nevis, Montserrat, Guadeloupe, Barts, Maarten, French Caribbean, British Virgin, Puerto, San Juan, Virgin Islands, Bermuda

"You are not to concern yourself with this change," Whitaker told the jury. Opening statements finally began in November 2023, after several defendants had already taken plea deals while others chose to be tried separately from Young Thug. She denied the various mistrial motions and a new request for Young Thug to be released on bond. Young Thug first gained mainstream success with his 2014 drug anthem “Stoner” and has worked with artists such as Travis Scott, Post Malone, Meek Mill and Drake. If found guilty, Young Thug and his co-defendants faced prison sentences of five to 20 years on the various charges.

Persons: Young, Paige Whitaker, Fulton, Judge Ural Glanville, Whitaker, Glanville, Donald Trump, Trump, Fani Willis, he’s, ” Young, Jeffery Lamar Williams, Brian Steel, Kenneth Copeland, Steel, Young Thug, —, Copeland, “, ” Copeland, Simone Hylton, Hylton, Copeland . Young Thug, “ Stoner, Travis Scott, Post Malone, Meek, Drake, Childish Gambino’s, ” Organizations: Atlanta, Judge, Republican, Steel, Bloods Locations: Fulton, Fulton County, Atlanta

☆ Former Cornell student gets 21 months in prison for posting violent threats to Jewish students
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +1 min

SYRACUSE, N.Y. — A former Cornell University student arrested for posting statements threatening violence against Jewish people on campus last fall after the start of the war in Gaza was sentenced Monday to 21 months in prison. Patrick Dai, of suburban Rochester, New York, was accused by federal officials in October of posting anonymous threats to shoot and stab Jewish people on a Greek life forum. The threats came during a spike in antisemitic and anti-Muslim rhetoric related to the war and rattled Jewish students on the upstate New York campus. Dai pleaded guilty in April to posting threats to kill or injure another person using interstate communications. He was sentenced in federal court to 21 months in prison and three years of supervised release by Judge Brenda Sannes, according to federal prosecutors.

Persons: —, Patrick Dai, Dai, Brenda Sannes, Dai “, Dai’s, Lisa Peebles, ” Peebles Organizations: Cornell University, Israel, Ivy League Locations: SYRACUSE, N.Y, Gaza, Rochester , New York, New York, Israel, Ithaca , New York

☆ DirecTV is pushing its pay TV bundle — without a satellite dish
▼ + stars: | 2024-08-12 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. Courtesy: DirecTVCoach Prime wants consumers to know they can watch DirecTV without a satellite dish. As pay TV distributors — both satellite and cable companies — have seen customers flee for streaming, DirecTV is trying to get the message out that a clunky satellite dish is no longer needed for its service. Satellite TV providers like DirecTV and EchoStar's Dish were once some of the biggest distributors of the TV bundle. Sticking with sportsThe "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service.

Persons: Deion Sanders, Steve Buscemi, Henry Winkler, Vince Torres, it's, Torres, Shedeur Sanders, —, Winkler's Frank, Bobby, Buscemi, There's, Sanders, Tinker Bell, Cord, Pavlo Gonchar, Craig Moffett, what's, Moffett, DirecTV's Organizations: DirecTV, NFL, Colorado, Colorado Buffaloes, Nebraska Cornhuskers, Folsom, NBA, NHL, NCAA's Colorado Buffaloes, Lightrocket, Satellite, TPG, AT, Hulu, Sling, YouTube, Netflix, Comcast, Charter Communications Locations: Colorado, Boulder ,, New York City

☆ Current market slowdown is not the start of an actual down cycle, says Fidelity's Jurrien Timmer
▼ + stars: | 2024-08-12 | 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 EmailCurrent market slowdown is not the start of an actual down cycle, says Fidelity's Jurrien TimmerJurrien Timmer, Fidelity Investments director of global macro, joins 'Money Movers' to discuss what the Federal Reserve will do this year relative to the market's expectations, recent guidance from earnings results, and much more.

Persons: Fidelity's Organizations: Fidelity Investments, Federal Reserve

☆ An M&A expert says creator-economy companies need to look beyond influencers to grow
▼ + stars: | 2024-08-12 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +6 min

Instead, look at companies that sell tools for content creation that service a wider swath of users, Lambros told Business Insider. BI spoke to Lambros about the state of the creator economy and the firm's recent report on the industry. The creator economy needs to crack B2BCompanies should not rely on influencers to make it big. Publicly traded companies within the creator economy include Shopify, Eventbrite, Roblox, and Reddit. Private-equity firms, an increasingly common buyer in the startup space, still have some learning to do about the creator economy, he said.

Persons: —, John Lambros, Houlihan Lokey, They're, Lambros, upstarts, it's, Permira, That's Organizations: Service, Business, Fortune, Avid, Networks, Publicly, YouTube Locations: Lambros

☆ AI's big marketing problem: People don't want to hear about it
▼ + stars: | 2024-08-12 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

Advertisers love talking about AI, but they face a big problem: consumers are suspicious of the tech and don't want to be bombarded with messaging about it. This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.

Persons: Iain Thomas, Sora, Josh Campo, Razorfish, Matt Rebeiro, Iris, Rebeiro, System1, Dove, Microsoft's, chatbot —, Thomas, JLo Organizations: Service, Olympics, Google, Business, Sounds, Washington State University, of Hospitality Marketing, Management, Yahoo, Publicis Media, YouTube, Enterprises, Adobe, Cadbury Locations: MediaRadar

☆ Russia orders more evacuations as Ukraine’s incursion into its territory enters its seventh day
▼ + stars: | 2024-08-12 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +4 min

CNN —Russian authorities were on Monday evacuating civilians from more areas along the Ukrainian border, a week into Kyiv’s surprise cross-border incursion into Russian territory. Vyacheslav Gladkov, the governor of the Belgorod region in southern Russia, said people living in the Krasnoyaruzhsky district were being relocated to safer places. A photo provided by the Government of Kursk region of Russia shows people from the border districts of the region boarding evacuation buses. Russian authorities imposed a sweeping counter-terror operation in the three border regions, but stopped short of declaring the incursion an act of war. The counterterrorist regime officially gives Russian authorities wider powers, including the ability to monitor telephone conversations and restrict communications and limiting the movement of people.

Persons: Vyacheslav Gladkov, ”, Rybar, “, Volodymyr Zelensky, Vladimir Putin Organizations: CNN, Telegram, Government, Government of, Ukrainian, Kyiv, Armed Forces, Ukrainian Defense Ministry, Kremlin Locations: Ukrainian, Belgorod, Russia, Krasnoyaruzhsky, Kursk, Government of Kursk, Russian, Ukraine, Poroz, Moscow, US

☆ I hiked a mountain in the Andes to celebrate my 40th birthday. The hallucinations and violent vomiting that followed had not been part of the plan.
▼ + stars: | 2024-08-12 | by ( Elizabeth Lavis | ) www.businessinsider.com time to read: +6 min

I got altitude psychosis a few hundred meters from high camp as I scaled the frigid face of Huayna Potosi, the ninth-highest mountain in the Bolivian Andes. The geodesic dome was surrounded by snow at Huayna Potosi High Camp. Elizabeth LavisThanks to my excellent guide, I made it to high camp and spent the night in an orange geodesic dome perched on Potosi's precarious eastern side. He rapidly identified the seriousness of the situation, carried my day pack the rest of the way, and helped me ascend slowly to high camp. While I was fairly fit and prepared to climb Huayna Potosi, I didn't consider the mental or extreme physical toll the mountain would take.

Persons: —, hallucinating, crampons skidding, Elizabeth Lavis, I've, it's Organizations: Service, Business, Bolivia's La, El, Huayna, Psychiatry Locations: Huayna Potosi, Bolivian, Caucasus, Potosi, Bolivia's, Bolivia's La Paz, El Alto, Lake Titicaca, Peru, Bolivia, Camp, Svaneti , Georgia

☆ Goldman says buy these cheap stocks with healthy fundamentals during this sell-off
▼ + stars: | 2024-08-12 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

"If economic fears continue to fade and the market becomes more micro-driven in coming months, then the recent sell-off represents an attractive opportunity to buy stocks with healthy fundamentals at valuation discounts," wrote Goldman chief U.S. equity strategist David Kostin and team in a note to clients Friday. Goldman screened for stocks that have seen their earnings estimates ratchet up since the start of the third quarter, but posted weak relative returns during the last week. Goldman noted that cyclical stocks underperformed defensive names last week, showing that "macro" is driving equity returns. Once investors' focus returns to normal, stocks with strong fundamentals and valuations like those on this list will start to benefit, the firm argues. "If the data confirm our economists' optimistic view, investors will likely pivot back to focusing on alpha opportunities rather than market betas."

Persons: Goldman Sachs, David Kostin, Goldman Organizations: Goldman, Micron, Systems

☆ Marketers are living in an AI advertising minefield
▼ + stars: | 2024-08-12 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +7 min

This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. "There seems to be this fundamental misunderstanding of what we should be using AI for," said Iain Thomas, who cowrote a book on AI, "What Makes Us Human?," and is a founder of Sounds Fun, an agency that helps marketers harness AI. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.

Search resuls for: "The Star"

25 mentions found