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☆ Amazon's AI chatbot will help you shop. Just don't ask it for a 'dupe.'
▼ + stars: | 2024-10-03 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Amazon's Rufus AI chatbot answers questions about products and recommends items. The new chatbot illustrates Amazon's complicated relationship with copycat items: The company forbids selling counterfeit or illegally replicated products on its platform. Amazon has warehouses full of products that don't have brand names that people would immediately recognize but might be similar to those brands' products. In theory, Rufus should be able to help — AI should help people compare similar items and answer questions about them. For now, Amazon's Rufus probably won't.

Persons: Rufus, —, It's, Maria Boschetti, Jennifer Ortakales Dawkins, Charlotte, you've, TikTokers, Amazon's Rufus Organizations: Service, Amazon, Adidas Locations: Sephora, Charlotte Tilbury, Supergoop

☆ Meet Harold Daggett, the colorful and controversial union boss leading the port strike
▼ + stars: | 2024-10-03 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

Daggett is the president of the International Longshoremen’s Association, which has nearly 50,000 union members on strike at three dozen different port facilities. This is the union’s first strike in 47 years, but Daggett participated in the previous strike as a rank-and-file dock worker. A sea of hundreds of union members parted amid cheers as made his way to the top of a small grassy knoll, with idle shipping containers as a backdrop. Unwanted attentionBut increasing attention on Daggett and the strike has brought harassment and death threats, according to a statement from the union. Members of the International Longshoremen's Association union, which represents roughly 45,000 workers, on strike outside the Port of New York and New Jersey on the first day of the strike.

Persons: Harold Daggett, Daggett, ”, Bryan R, Smith, “ We’re, Dennis Daggett, ” Daggett, Shawn Fain, don’t, Donald Trump, Trump, Kamala Harris, Joe Biden, Biden, Julie Su, John McCown, Shannon Stapleton Organizations: New, New York CNN, International Longshoremen’s Association, Navy, Sporting, International Longshoremen's Association, Port, Gulf Coasts, Getty, ILA, United Auto Workers, UAW, Queens, Trump, Mar, Lago, Democratic, Labor Locations: New York, East, Gulf Coasts, That’s, United States, Vietnam, Europe, Port of New York, New Jersey, Gulf, AFP, Elizabeth , New Jersey, New York City, ”, OpenSecrets

☆ Panic buying amid U.S. ports strike is creating supermarket supply concerns
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

There is no need for panic buying, and we encourage consumers to shop responsibly. Bill Simon, former CEO of Walmart, stressed that panic buying is serious and can have a cascading effect on domestic products. "Panic buying not only impacts the availability of imported products, but domestic products as well as consumers shift their purchase behavior," warned Simon. Walmart and Target did not immediately respond to requests about any panic buying patterns identified at their stores. John Catsimatidis, owner of the NYC super chain Gristedes, said the panic buying is occurring and showing no signs of slowing down.

Persons: Stew Leonard, Jr, Stew Leonard's, restocked, Bill Simon, Simon, John Catsimatidis Organizations: CNBC, Gulf Coasts, National Grocers Association, —, of Commerce, East, National Retail Federation, Walmart, Target, NYC Locations: Gulf Coast, East Coast, Gulf, United States, U.S, Canada, Mexico, East

World of Hyatt Loyalty BenefitsThe World Of Hyatt Credit Card has valuable benefits for Hyatt loyalists. Hyatt Credit Card FeesAnnual FeeThe World Of Hyatt Credit Card has a $95 annual fee. Hyatt Credit Card ComparisonThe World Of Hyatt Credit Card is great for Hyatt loyalists. Learn more about the Marriott Bonvoy Boundless® Credit Card in our Marriott Bonvoy Boundless credit card review, and compare your options for Marriott hotel credit cards in our guide to the best Marriott Bonvoy credit cards right now. Hyatt Credit Card Frequently Asked QuestionsWhat are the main benefits of the World of Hyatt Credit Card?

Persons: You'll, Hyatt, —, you'll, we've, Hyatt Ziva Los Cabos, Hyatt Ziva Puerto, Marriott, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read, Angela Fung Organizations: Business, Hyatt Credit, Hyatt, Hyatt —, Chase, FDIC, Hyatt Credit Card, Hyatt loyalists, Regency Club, Hyatt Ziva Puerto Vallarta, Hyatt House, MGM, American Airlines, Marriott, Ink, Travelers, Hilton, Finance Locations: Hyatt, Hyatt.com, Austin, Tucson, Massachusetts, U.S, Dallas , Texas

☆ CNBC Sport: A responsible look at women's sports exuberance
▼ + stars: | 2024-10-03 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +28 min

Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.

Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,

☆ Time to bail on the market's hottest sector? Some investors are starting to sell
▼ + stars: | 2024-10-03 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Utilities are having their best rally in decades , propelled by artificial intelligence enthusiasm and the prospect of lower interest rates, but some investors are cooling on the sector. Rate-sensitive utilities are now the best-performing sector in the S & P 500 in 2024, jumping more than 28%. The sector is on pace for its best year since 2000, when it climbed more than 50%. XLU XLK,.SPX YTD mountain Utilities versus tech and the S & P 500 in 2024 Utilities are viewed as an outsized beneficiary of lower borrowing costs due to their high capital requirements. For the time being, investors are still flocking to the names: Vistra and Constellation hit fresh all-time highs on Thursday.

Persons: XLU XLK, Jason Goepfert, Kathryn Rooney Vera Organizations: Vistra Corp, Constellation Energy

☆ 40-year-old CEO shares her No. 1 productivity strategy: ‘It’s a lesson I’ve had to learn over time’
▼ + stars: | 2024-10-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Blueland CEO Sarah Paiji Yoo says she couldn't do her job without ditching a habit that hindered her first startup: trying too hard to get everything done. Paiji Yoo co-founded Blueland, which makes eco-friendly cleaning and personal care products, in 2019. That company, founded in 2011, was acquired in 2013 by PriceGrabber for an undisclosed sum — and in those two short years, Paiji Yoo found herself gravely overworked, she says. "With my first startup, I was spinning my wheels along," Paiji Yoo, 40, tells CNBC Make It. Limited money, employees, time and resources means there's more to get gone, says Paiji Yoo.

Persons: Sarah Paiji Yoo, Paiji Yoo, PriceGrabber, Paiji, Oliver Burkeman, Leah Smart, we're, Burkeman, Get Organizations: CNBC, Society of Human, Mental Health

CNN —An Israeli military reservist who survived the Nova festival massacre has been hailed as a “hero” by the country’s security minister, for confronting two gunmen behind Tuesday’s shooting and stabbing attack in Tel Aviv. Seven people were killed and 16 wounded in the attack on Jerusalem Boulevard in Jaffa, a port neighborhood in southern Tel Aviv, according to Israeli Police. Israeli emergency services following a shooting attack in Jaffa, Israel, on October 1, 2024. Floral tributes and candles for those killed in a gun and knife attack on October 2, 2024 in Tel Aviv, Israel. Israeli Prime Minister Benjamin Netanyahu condemned Tuesday’s attack and sent condolences to the families of those who were killed.

Persons: ”, Lev Kreitman, Kreitman, ” Kreitman, “, Ammar Awad, Reuters Kreitman, Leon Neal, Muhammad Mask, Ahmed Himoni, Itamar Ben, Gvir, ” Ben, Benjamin Netanyahu, Tuesday’s Organizations: CNN, Tel Aviv ., Israeli Police, Channel, Israel Defense Forces, Reuters, Nova, Police, Getty, West Bank, Hamas, Israel Security Agency, IDF, Israel’s National Locations: Israeli, Tel Aviv, Jerusalem, Jaffa, Iran, Israel, Gaza, Israel’s, Hebron, Palestinian

☆ Iran’s existing deterrent against Israel striking has collapsed, says David Albright
▼ + stars: | 2024-10-03 | 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 EmailIran’s existing deterrent against Israel striking has collapsed, says David AlbrightDavid Albright, Institute for Science and International Security founder and president, joins 'Squawk Box' to discuss the fallout from Iran's ballistic missile attack on Israel, what the appropriate response from Israel should be, state of Iran's nuclear capability, and more.

Persons: David Albright David Albright Organizations: Institute for Science, International Security Locations: Israel

☆ Amazon's RTO push is an outlier — the tech world remains all-in on hybrid work
▼ + stars: | 2024-10-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

Despite return-to-office mandates at Amazon and Dell, the tech world still appears to favor hybrid work. Experts say hybrid work boosts recruitment and retention and could be crucial amid tech talent wars. But while it may seem like workers are losing the battle for remote work, research suggests that hybrid work is still the norm in the tech industry. While some large companies, such as Nvidia, have remained holdouts, most Big Tech companies have had hybrid policies of various degrees. So as long as productivity stays up, I think hybrid work is here to stay in the tech world."

Persons: —, Peter Cappelli, Nicholas Bloom, Bloom, Noam Shazeer, Cevat Aksoy, Aksoy, John Rossman, — it's Organizations: Amazon, Dell, Flex, Service, Wharton Business School, Big Tech, Stanford, Google, King's College London, Nvidia, Microsoft Locations: mull

☆ Additives to food often bypass FDA oversight, critics say
▼ + stars: | 2024-10-03 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +14 min

Soon, Daily Harvest had narrowed its internal investigation to a new ingredient used for its high-protein content: tara flour. Tara flour is one of two products made from the seed pods of a thorny shrub native to Peru. The pods of the tara plant are used to make tara gum and tara flour. As some consumers had discovered, tara flour was not safe, the FDA decreed in May 2024 — nearly two years after the ingredient sickened hundreds. During that time, however, other manufacturers could have used the now-“unapproved food additive.”“This incident shows how broken our food regulatory system is.

Persons: Gwyneth Paltrow, Serena Williams, “ I’ve, ” Cory Silverstein, Silverstein, Luke Wesley Pearson, tara, we’ve, Rachel Drori, GRAS, —, It’s, ”, Pieter Cohen, Cohen, “, Tara, Tragically, Alexi Giannoulias, Sarah Gallo, “ GRAS, ” Gallo, Sarah Silbiger, Melanie Benesh, BVO, Giannoulias, Benesh, ” Benesh, Jim Jones, ” Jones, Thomas Galligan Organizations: CNN, Leek Crumbles, Harvest, CNN Business, Food and Drug Administration, FDA, Daily Harvest, Daily, Cambridge Health Alliance, The New England, of Medicine, Consumer Brands Association, Office, Natural Resources Defense Council, Environmental, Industry, Union, Illinois Food Safety, Illinois Senate, Getty, European Union, Human Foods, Center for Science, “ Locations: Peru, United States, Somerville , Massachusetts, The, California, Illinois, Jena

☆ A Cambodian maid was arrested and deported by Malaysia for criticizing Cambodian leaders on social media
▼ + stars: | 2024-10-03 | by ( Story The Associated Press | ) edition.cnn.com time to read: +4 min

Phnom Penh AP —A Cambodian woman who worked as a maid in Malaysia has been deported to her homeland for comments she posted on social media criticizing Cambodian government leaders, in the latest example of a Southeast Asian government helping another arrest a dissident. Nuon Toeun is neither an opposition leader nor a well-known activist. Radio Free Asia said Nuon Toeun was a supporter of the opposition Cambodian National Rescue Party, which was dissolved ahead of the 2018 general election as part of a crackdown on the opposition. The Khmer Movement for Democracy, a movement formed by opposition leaders in exile, condemned Nuon Toeun’s deportation from Malaysia. It said in a statement that she was working legally in Malaysia and had committed no crime except expressing her opinions.

Persons: Nuon, “, ″ Nuth, Nuon Toeun, couldn’t, Mech Dara, Cambodia’s, Hun Manet, Hun Sen, ” Organizations: Phnom Penh AP, Malaysian, Rights Watch, Cambodian, Radio Free, Cambodia People’s Party, Radio Free Asia, Cambodian National Rescue Party, Cambodian People’s Party, National Assembly, Facebook, ” Radio Free Asia, Khmer Movement for Democracy Locations: Phnom Penh, Malaysia, Asian, Cambodia, . New York, Vietnam, Laos, China, US, Prey, Radio Free Asia

☆ Redfin CEO: Inventory will be the gating factor for home sales in 2025
▼ + stars: | 2024-10-03 | 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 EmailRedfin CEO: Inventory will be the gating factor for home sales in 2025Glenn Kelman, Redfin CEO, joins 'Money Movers' to discuss Kelman's view of the housing market in September, the magic rate number that could get homebuyers back into the market, and what it'll take for more inventory to hit the market.

Persons: Glenn Kelman, Redfin

☆ NFL Week 5 preview: Five things to watch out for
▼ + stars: | 2024-10-03 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +18 min

CNN —It’s hard to believe it’s already Week 5 of the NFL season! “So absolutely, positively, did he learn a ton and was this walkthrough today or was the team orchestrated stuff today absolutely better than last week? Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Conversely, there are only good vibes around the Vikings as they enter Week 5 as one of two undefeated teams left in the NFL.

Persons: CNN —, it’s, Tyler Huntley, Skylar Thompson hasn’t, Huntley, Brennan Asplen, Mike McDaniel, “, ” McDaniel, Jayden Daniels, Daniels, Kliff Kingsbury, Patrick Mahomes, Rick Scuteri, Kingsbury, Kliff, “ I’m, Diggs, Josh Allen, Diggs ’, CJ Stroud, “ It’s, ” Stroud, Maria Lysaker, Collins, Stef, Mike Tomlin, ” Tomlin, can’t, ”, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, Trevor Lawrence, Eric Gay, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, DeMarcus Lawrence, Micah Parsons, TJ Watt, Robert Saleh, he’s, Aaron Rodgers ’, Justin Jefferson Organizations: CNN, NFL, Philadelphia Eagles, Detroit Lions, Los Angeles Chargers, Tennessee Titans, Dolphins, Miami Dolphins, Jacksonville Jaguars, Cleveland Browns, Browns, New England Patriots, Baltimore Ravens, Titans, Miami, New, Washington, Arizona Cardinals, Big AFC, Houston The Buffalo Bills, Texans, Bills, Houston, Buffalo, Nico, AFC, America’s, Steel City, Sunday, Football, Pittsburgh Steelers, Dallas Cowboys, Steelers, Cowboys, ” Washington, Getty Images Denver Broncos, New York Jets, Broncos, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, AP San Francisco 49ers, 49ers, AP New York Giants, Giants, USA, Sports, Reuters, Buffalo Bills, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Green Bay Packers, Packers, AP Minnesota Vikings, AP Dallas Cowboys, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Bears, Patriots, New York Giants, AP Buffalo Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, ‘, Pittsburgh, Colts, Tottenham Hotspur, Jaguars, Jets, Denver Broncos Locations: Miami, New England, Washington, Houston The, Houston, Dallas, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Santa Clara , California, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Inglewood , California, Cleveland, Tampa , Florida, Atlanta, Chicago, Cincinnati, São, South America, Pennsylvania, United Kingdom, London, New, New York

☆ Oura announces new smart ring with updated design and new sensors for $349
▼ + stars: | 2024-10-03 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

A user wearing an Oura Ring Courtesy: OuraOura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349. The Oura Ring 4 has new sensors, a sleeker design and up to eight days of battery life. The Oura Ring 4 Courtesy: OuraThe sensors in Oura's third-generation ring are raised and feel like little bumps, but the sensors in the Oura Ring 4 are flat. The Oura Ring 4 is available in twelve sizes and six colors, including a new black finish. A new look for the appZoom In Icon Arrows pointing outwards Redesigned Oura app Courtesy: Oura

Persons: Oura Organizations: preorder

The United States was sending more troops to Vietnam, and Mr. Hunter had recently found out he was one of them. During the session in her apartment, Ms. Neel outlined Mr. Hunter’s body, his hands, his legs and the chair on the five-foot-tall canvas. Mr. Als views these gestural marks outlining his legs, his jacket, his hand as a kind of memory of Mr. Hunter. But they could not locate Mr. Hunter or firmly establish his fate, only that he probably did not die in the Vietnam War. And she saved it and loved that painting as much as any.”The painting was kind of a bittersweet breakthrough for Ms. Neel, Ms. Baum said.

Persons: Alice Neel, Ms, Neel, “, ”, Johnny Carson, Hartley, Ginny, Elizabeth, Hugh Hurd, ” Hartley, Ginny’s, Hilton Als, Neel’s, James Hunter, Hunter, Mr, Als, Hunter isn’t, Hunter didn’t, Kelly Baum, ” Ms, Baum, Alice Organizations: Puerto Ricans, Metropolitan Museum of Art, Whitney Museum Locations: Puerto, Los Angeles, United States, Vietnam, Spanish Harlem

☆ Adam Neumann's new startup is reworking WeWork's old business model
▼ + stars: | 2024-10-03 | by ( Grace Eliza Goodwin | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

Workflow has a different business strategy than Neumann's previous company, Bloomberg reports. Neumann told the outlet that investors at Andreessen Horowitz will help keep him disciplined. Ben Bergman/BI"The lack of community and the disconnection that people feel is even more relevant today" than in the days of WeWork, Neumann told Bloomberg of Workflow. Neumann says he's learned his lessonCritics didn't just zero in on WeWork's business model but also on Neumann's management. We're really not sure that we know the answer, therefore we're taking our time," Neumann told Bloomberg.

Persons: Adam Neumann, Neumann, Andreessen Horowitz, —, WeWork, he's, WeWork's, Insider's Ben Bergman, Ben Bergman, Justin Sullivan, Ben Horowitz, Marc Andreessen, Andreessen, Noam Galai, TechCrunch Neumann, We're Organizations: Bloomberg, Service, Fort, Business, Flow, TechCrunch Locations: Fort Lauderdale, Miami, Atlanta, Nashville, Riyadh, Saudi Arabia, WeWork's

☆ These brands could be hit the hardest by port strike: BofA's Peter Galbo
▼ + stars: | 2024-10-03 | 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 EmailThese brands could be hit the hardest by port strike: BofA's Peter GalboPeter Galbo, BofA Securities analyst, joins CNBC's 'The Exchange' to discuss the impact of the ongoing strike at East and Gulf Coast ports, how long his firm thinks the strike will last, and more.

Persons: Peter Galbo Peter Galbo Organizations: BofA Securities Locations: East, Gulf Coast

☆ Fairly optimistic about inflation in the restaurant sector going forward, says Cameron Mitchell
▼ + stars: | 2024-10-03 | 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 EmailFairly optimistic about inflation in the restaurant sector going forward, says Cameron MitchellCameron Mitchell, Cameron Mitchell Restaurants founder and CEO, joins 'Squawk Box' to discuss the state of inflation in the restaurant industry, impact of the Fed's interest rate decision, state of the consumer, and more.

Persons: Cameron Mitchell Cameron Mitchell, Cameron Mitchell

☆ The search for missing people continues after Hurricane Helene
▼ + stars: | 2024-10-03 | by ( Sharif Paget | Michelle Krupa | ) edition.cnn.com time to read: +6 min

But even if a storm like that made it to Matthew’s parents’ neighborhood, their house rests on a mound. And it certainly couldn’t happen with Helene, Matthew figured, even as the one-time Category 4 monster showed little sign of cooling its rage. Still, Keli headed out to her job managing a beauty supply store about 20 miles east in Johnson City. The family took to social media, pleading for any information about their missing husband and dad – and his dog. “I think right now we are the only people who know what each of us is going through,” he said.

Persons: Matthew Cloyd, Helene, Matthew, ”, Keli, Steven Cloyds, a.m, –, who’s, Steven, “, ” Keli, Steven Cloyd, Matthew Cloyd “, ” Steven, “ You’re, “ It’s, She’d, ” Matthew, Orion, Matthew Cloyd Matthew, Bridges, Who’d, she’d, Mary Gilbert Organizations: CNN, Orion Locations: Illinois, Tennessee, ’, Florida , Georgia, Carolinas, East Tennessee, Johnson City, …, Rockford , Illinois, ”, Rockford, Jonesborough, Helene’s

☆ Marc Andreessen hits on the existential question facing the AI industry
▼ + stars: | 2024-10-03 | by ( Rob Price | ) www.businessinsider.com time to read: +5 min

There are two competing visions for the future of the AI business, according to Marc Andreessen. Instead, it's one of the most fundamental (and arguably surreal) questions facing the AI industry today, according to legendary investor Marc Andreessen. In the first vision, AI startups are in a winner-takes-all race. These AI models, such as Meta's Llama offerings, are freely available for almost anyone to use, while OpenAI sells access to propriety, closed models. But if downloadable, open-source models pull all prices down to the "cost of production," then Andreessen's first vision — of "infinite profits" — starts to appear a little less likely.

Persons: Marc Andreessen, isn't, —, Andreessen, there's, Rice, OpenAI, Kevin Weil, Robert Nishihara, Weil, Mark, Zuckerberg Organizations: Service, Google, Ray Summit, Anyscale, Meta Locations: San Francisco

☆ A US Navy missile that just scored its first kill this year got another workout against Iranian weapons
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

US Navy warships defending Israel from Iran's missile attack on Tuesday fired SM-3 interceptors. The SM-3 scored its first-ever kill while defending Israel in April from an Iranian bombardment. AdvertisementThe US Navy warships that engaged a massive barrage of Iranian ballistic missiles in defense of Israel on Tuesday fired SM-3 interceptors, a weapon that scored its first-ever kill earlier this year. Two destroyers operating in the Eastern Mediterranean Sea fired around a dozen interceptors at the Iranian missiles, a number of which were shot down. A Navy official confirmed to Business Insider on Thursday that the destroyers fired the Standard Missile 3, or SM-3, during the battle.

Persons: —, Navy Carlos Del Toro, Hassan Nasrallah, Ismail Haniyeh, Bill Urban, USS Cole, USS Bulkeley Organizations: Service, US Navy, Tuesday, Navy, Business, Combat, USNI, US, White House, US Naval Forces Locations: Israel, Iran, China, Tehran, US Naval Forces Europe, Africa

The New York Mets vs. Milwaukee Brewers game airs on ESPN in the US. How to watch Mets vs. Brewers in the USCord-cutters can still live stream ESPN by subscribing to a live TV package like Sling TV, DirecTV Stream, or Fubo. Check price at FuboHow to watch Mets vs. Check price at ExpressVPNHow to watch Mets vs.

Persons: We've, you'll, ExpressVPN Organizations: Business, MLB, Mets, Brewers, . Brewers, New York Mets, Milwaukee Brewers, National League Central, National League East, Philadelphia Phillies, National League, The New York Mets, . Milwaukee Brewers, ESPN, DirecTV, ESPN2, ESPN3, DirecTV Stream, DirecTV ESPN

☆ The AI industry is facing an existential question. OpenAI's chief product officer says he's not worried.
▼ + stars: | 2024-10-03 | by ( Rob Price | ) www.businessinsider.com time to read: +5 min

OpenAI's chief product officer isn't worried that the rise of open-source will cause the second. In the first vision, AI startups are in a winner-takes-all race. AdvertisementOn Wednesday, OpenAI chief product officer Kevin Weil took to the stage, where Anyscale cofounder Robert Nishihara asked him what open-source models mean for OpenAI's business. These AI models, such as Meta's Llama offerings, are freely available for almost anyone to use, while OpenAI sells access to propriety, closed models. But if downloadable, open-source models pull all prices down to the "cost of production," then Andreessen's first vision — of "infinite profits" — starts to appear a little less likely.

☆ One of Iran's most advanced missiles made an appearance in its massive attack on Israel
▼ + stars: | 2024-10-03 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Iran said it fired its new Fattah missile during the attack against Israel on Tuesday. The medium-range ballistic missile is one of the most advanced in Iran's arsenal. AFP via Getty ImagesThe Fattah-1 is a medium-range ballistic missile considered one of the most advanced in Iran's arsenal. In April, Iran launched a much larger barrage overall with around 170 attack drones, 30 cruise missiles, and 120 ballistic missiles. Still, some of the Iranian missiles managed to impact on land, although they did not appear to cause significant damage.

Persons: —, Hassan Nasrallah, Ismail Haniyeh, Shaan Shaikh, Farzin, Chen Junqing, Shaikh Organizations: Israel, Service, Islamic Revolutionary Guard Corps, Business, Getty, Missle, Center for Strategic, International Studies, The Washington Institute for Near East, Getty Images, Institute for, AP, American, Iranian Locations: Iran, Tehran, Israel, Iranian, AFP, Jerusalem, Xinhua

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