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☆ Jim Cramer says incoming Starbucks CEO Brian Niccol has all the tools needed to fix the coffee chain
▼ + stars: | 2024-08-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Club holding Starbucks on Tuesday announced a home-run hire to lead the coffee giant out of its recent slump: Chipotle CEO Brian Niccol is replacing Laxman Narasimhan as the chief executive. Shares of Starbucks soared more than 13% in premarket trading on the news, to more than $87 each. Niccol will start at Starbucks on Sept. 9 and also serve as chairman of the board of directors. Narasimhan had served as Starbucks' CEO since March 2023. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Brian Niccol, Laxman Narasimhan, Jim Cramer, Laxman, Niccol, Narasimhan, Rachel Ruggeri, Jim Cramer's, Jim Organizations: Starbucks, Taco Bell, CNBC Locations: Taco, China

WASHINGTON — Longtime Rep. Bill Pascrell, D-N.J., was readmitted to the hospital Sunday night, just days after he was released from a weeks-long hospital stay to a rehabilitation facility, a source close to the congressman confirmed Monday. Pascrell is now receiving care at Cooperman Barnabas Medical Center in Livingston, N.J., the source said. Pascrell checked himself into a hospital on July 14 with a fever, which his staff said may have been caused by a respiratory illness. At 87 years old, Pascrell is the second-oldest House member, only behind retiring Rep. Grace Napolitano, D-Calif. A former member of the New Jersey General Assembly and a former Patterson mayor, Pascrell was first elected to Congress in 1996.

Persons: WASHINGTON, Bill Pascrell, Pascrell, wasn’t, Grace Napolitano, Billy Prempeh, Prempeh, Joe Biden, Donald Trump, Joe Biden’s, Biden, Reluctantly, Kamala Harris, Sen, Chuck Grassley Organizations: WASHINGTON —, Cooperman Barnabas Medical Center, New, New Jersey General Assembly, Patterson, GOP, Local, Democratic Party Locations: Livingston , N.J, New Jersey, New Jersey's, Iowa

WASHINGTON — The hard-right Freedom Caucus is pushing House Republican leaders to condition government funding on passage of new proof-of-citizenship requirements to vote and create a new deadline that faces broad Senate opposition. If GOP leaders attached it to government funding, it would spark a standoff with Democrats and President Joe Biden that risks a government shutdown. House and Senate Democrats favor a late 2024 deadline. Senate Appropriations Chair Patty Murray, D-Wash., said the Freedom Caucus demands amount to “outrageous partisan pills” that are a “nonstarter,” calling for a bipartisan approach. “The House will continue its successful effort to responsibly fund the government for FY25 when it returns from its district work period.”

Persons: WASHINGTON, —, Mike Johnson, President Trump, ”, Harris, Joe Biden, Sen, Susan Collins, Patty Murray, Donald Trump, ” Murray, Bob Good, Johnson, Athina Lawson Organizations: Republican, Caucus, Biden, Trump, Democratic, GOP, Democrats, Committee, NBC, Freedom Caucus, NBC News Locations: U.S, Maine

☆ 401(k) rollover advice rule is at risk. Here's what retirement savers need to know
▼ + stars: | 2024-08-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Two federal district courts in Texas issued a national "stay" of the regulation, in separate rulings in July. The rule will "create a level playing field" for all trusted investment professionals, according to a Labor Department spokesperson. "The insurance industry can continue to advise investors and sell annuities, without giving advice that is imprudent, disloyal, or tainted by misrepresentations or overcharges," the spokesperson said. Current retirement rollover advice rules stay in effectIn the meantime, the current status quo remains in effect, attorneys said. Current rules let brokers give investment advice that earns them a higher commission but isn't in savers' best interests, the Labor Department said during the rulemaking process.

Persons: Julie Su, Chip Somodevilla, Fred Reish, Drinker Biddle, didn't Organizations: Getty, U.S, Northern, Northern District of, American, of, United States Department of Labor, Americans, Consumer Choice, Department of Labor, Labor Department, Department of Justice, Biden, National Association of Insurance, Financial Advisors, National Association Locations: Texas, Northern District, Northern District of Texas, ACLI, NAIFA, Dallas, Fort Worth

☆ What are the best galleries in New York? Artists choose their favorites
▼ + stars: | 2024-08-12 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

CNBC asked artists to name their top New York galleries, ranging from the well-known to the underground. London-based screen-printing artist Diego Arellano likes Manhattan's Chelsea galleries for their large rooms and high ceilings. Hauser & Wirth has two Chelsea galleries, and both are currently showing work by Hungarian-born U.S. artist Rita Ackermann. The Dia Chelsea gallery in New York City will show an exhibition by British filmmaker Steve McQueen in September. Dia Chelsea | Elizabeth FelicellaBrooklyn resident and artist Zhuo Xiong also favors Chelsea galleries.

Persons: Sean Zanni, Patrick Mcmullan, Diego Arellano, Dia, Arellano, Dia Chelsea, Steve McQueen, Wirth, Rita Ackermann, The Dia, Elizabeth Felicella, Zhuo Xiong, Chelsea —, David Zwirner, Xiong, Wendy Olsoff, Penny Pilkington, Edward Akrout, Akrout, Sasha Maslov, Solomon, Eugene Gologursky, Kate Lewis, Matisse, Hopper, Degas, Henri Matisse, Edgar Degas, Edward Hopper, Lewis, Whitney, Metropolitan Museum of Art Xiong, —, gallerists Akrout, Rob Kim Organizations: Whitney Museum of American Art, Getty, Metropolitan Museum of Art, of Modern Art, Art Newspaper, CNBC, Chelsea, Hauser & Wirth, Hauser, The, Tribeca, New, Arellano, Whitney, MoMA, Guggenheim, Whitney Museum of American, Guggenheim Museum, Solidarity, Museum of Modern Art, Maison, Broadway, Swiss Institute Locations: New York City, York, New York, London, Hungarian, The Dia Chelsea, British, Elizabeth Felicella Brooklyn, Chelsea, Tribeca, Ukraine, Mriya, Meatpacking, Manhattan, Midtown, Inner Mongolia, Chinatown, East, Chinatown , New York

Learn moreThe Sea.Hear.Now festival blends music with surfing and immersive art in an annual event held in Asbury Park, New Jersey. The music festival takes over the north beach area of Asbury Park on September 14 and 15. Sea.Hear.Now 2024 festival scheduleSea.Hear.Now is a multi-genre music, art, and surfing festival held over two days in Asbury Park, New Jersey. How to buy tickets for Sea.Hear.Now 2024Original tickets for Sea.Hear.Now have sold out. How much are Sea.Hear.Now Music Festival tickets?

Persons: Bruce Springsteen, Noah Kahan, Springsteen, Danny Clinch, Sonic Blume, Passafire, Robert Randolf, Joe P, Sierra Ferrell, Guster, Ziggy Alberts, Grace Potter, Noah Kahan Sunday, Spazz, Rachel Ana Dobken, Bertha, Joy Oladokun, Larking Poe, Norah Jones, Action Bronson, Trey Anastasio, Gogol Bordello Organizations: Business, Hall of Fame, Asbury Park, Exchange, Ticketmaster, Craigslist, Asbury Ocean Club, The Locations: Asbury Park , New Jersey, Asbury, Ashbury

☆ Nvidia swings again — plus, an industrial name tied to the data center boom gets an heir-apparent
▼ + stars: | 2024-08-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, It's, Blackwell, Nvidia's, Eaton, Paulo Ruiz, Ruiz, Craig Arnold, Arnold, We're, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Treasury, Nvidia, UBS, Club, Fed, PPI, Jim Cramer's Charitable Locations: York

☆ 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

☆ Fly like Iron Man. Join a battle in Wakanda. Here are the major theme park projects Disney has announced
▼ + stars: | 2024-08-11 | by ( Natasha Chen | ) edition.cnn.com time to read: +11 min

Artist concept for an attraction at a new “Cars”-themed area coming to Frontierland at Disney’s Magic Kingdom. To mark the occasion, the company will create the first-ever audio-animatronic version of Walt Disney, with a level of complexity of technology that has yet to be seen in a Disney park. Across the esplanade at Disney California Adventure park, Avenger’s Campus will more than double in size, with construction beginning in 2025. Artist concept of Disney’s first theme park ride based on “Coco,” which breaks ground in 2026. In Paris, Disney’s first-ever theme park attraction based on “The Lion King” will be built at the renamed Disney Adventure World park.

Persons: Walt Disney, Josh D’Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Madrigal, Antonio, Indiana Jones, Indiana Jones ”, Disney’s Encanto, Disney Oscar, Ke Huy Quan, “ Indiana Jones, ”, D’Amaro, “ We’re, Lincoln ”, ” D’Amaro, “, Disney’s, King Thanos, “ Coco, What’s, King ”, Simba, Epic Games Disney, Doom, Megan Thomas Organizations: CA CNN, Disney, Honda Center, CNN, Walt Disney Parks and Resorts, Walt Disney, Magic, Disney Magic, Walt Disney World, Hollywood Studios, Inc, Monsters Inc, Tokyo Disney, Pueblo Esperanza, Indiana Jones, EPCOT, Disneyland, Opera House, Infinity Defense, Stark, Pandora, Disney Cruise, Disney Destiny, Disney Parks Shanghai, Hong Kong Disney, Marvel, Epic Games, Epic, Star Locations: Anaheim, CA, Anaheim , California, Florida, California, Star, Tokyo, Disney’s, “, Pueblo Esperanza, Disney, Imagineering, New York City, Disney California, Hong Kong, Shanghai, Tomorrowland, Paris, Fortnite, livestream

Unlike the ambitious opening ceremony, the closing ceremony will take a more traditional route. Rather than the open-air venue of the Seine River, the closing ceremony will be held in the 80,000-seat Stade de France. What time does the Olympic closing ceremony start? Similar to the opening ceremony, many details about the closing ceremony have been kept under wraps. Swimmer Katie Ledecky and rower Nick Mead will be the flag bearers during the closing ceremony.

Persons: Peacock, Thomas Jolly, Paris Mayor Anne Hidalgo, Los Angeles Mayor Karen Bass, Mike Tirico, Jimmy Fallon, Terry Gannon, Tara Lipinski, Johnny Weir, Snoop Dogg, H.E.R, Billie Eilish, Thierry Reboul, Tom Cruise, Katie Ledecky, Nick Mead, Ledecky, Mead, Liam Corrigan, Michael Grady, Justin Best Organizations: Stade de France, American women’s rugby, Los Angeles Games, NBC, U.S, NBC Olympics, NBC News, Records, Paris Mayor, Los Angeles Mayor, Paralympic Games, Olympic Games, Stoke, Olympics, Beijing Games, ., Phoenix, Games, USA Locations: Seine, Paris, Los Angeles, Los, Stoke Mandeville, France, Tokyo, California, Europe

In the 1980s, the U.S. military was in the middle of a transformation. Mr. Walz, now Minnesota governor and the presumptive Democratic candidate for vice president, raised his hand to join the Army National Guard just two days past his 17th birthday on April 8, 1981. Mr. Walz never went to war. And it ended when Mr. Walz was 41, as the military ramped up for war after Sept. 11. Since being picked as Vice President Kamala Harris’s running mate this week, he has found himself facing allegations previously aired by Minnesota Republicans and newly amplified by JD Vance, former President Donald J. Trump’s running mate.

Persons: Tim Walz, . Walz, Walz, Kamala Harris’s, JD Vance, Donald J Organizations: U.S, Democratic, Army National Guard, Army, Minnesota Republicans Locations: Vietnam, Southeast Asia, Nebraska, Minnesota, America

WASHINGTON — U.S. District Judge Tanya Chutkan on Friday approved a request from special counsel Jack Smith to allow for more time to propose the next steps in the government's election interference case against former President Donald Trump. The special counsel's office said in its filing Thursday that prosecutors are still assessing the "new precedent set forth" in the Trump immunity decision by the Supreme Court. Smith asked Chutkan to give them and Trump's lawyers until Aug. 30 to submit the joint status report and to schedule the status conference after that. The appeals process made certain that the trial would not happen before Election Day on Nov. 5. Last weekend Chutkan denied an older motion from Trump to dismiss the election interference indictment, filed before the Supreme Court took up the case.

Persons: Tanya Chutkan, Jack Smith, Donald Trump, Smith, Chutkan, Trump Organizations: WASHINGTON —, District of Columbia, Supreme, Government, Trump Locations: WASHINGTON, WASHINGTON — U.S, Tanya Chutkan . U.S

☆ Video and Airplane Sketch Raise New Questions About Saudi Ties to 9/11
▼ + stars: | 2024-08-09 | by ( Mattathias Schwartz | ) www.nytimes.com time to read: +1 min

Former U.S. intelligence officials say the new evidence could change the story of the 2001 attacks, which killed nearly 3,000 people, and of the possible involvement in the plot of Omar al-Bayoumi, the Saudi national. Michael J. Morell, a former deputy director of the C.I.A., said that Congress or the Justice Department should investigate the apparent lapse in processing the evidence. “What happened to this stuff after it was turned over to the F.B.I. at the time of the attacks, said that the new evidence was significant enough to require further evaluation, according to a spokesman. “The 9/11 families deserve no less,” Mr. Tenet said through the spokesman.

Persons: Al, Omar al, Michael J, Morell, ”, George Tenet, Mr, Tenet Organizations: Saudi, Former, Justice Department Locations: Former U.S

☆ Steve Martin declines offer to play Tim Walz on 'Saturday Night Live': 'I’m not an impressionist'
▼ + stars: | 2024-08-08 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

You won't see Steve Martin impersonate Democratic vice presidential nominee Tim Walz when "Saturday Night Live" returns in the fall. "They definitely should get Steve Martin [to] play Tim Walz." "I would like to officially launch my campaign for Steve Martin to play @GovTimWalz on SNL. "I imagine a Tim Walz Father of the Bride Sketch with costar [Martin' Short. They’re gonna find somebody really, really good."

Persons: Steve Martin, Tim Walz, Lorne Michaels, Martin, Lorne, I’m, Kamala Harris, @GovTimWalz, Steve, They’re, Rudolph, Harris Organizations: Democratic, Los Angeles Times, SNL, Times, NBC Locations: Minnesota

☆ Costco cracks down on sharing membership cards
▼ + stars: | 2024-08-08 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The retailer is cracking down on sharing membership cards with a new policy in which all cards will be scanned at store entrances. Guests without cards must be accompanied by a member to enter, making it harder to slip in on borrowed cards. Members with cards without photos will be asked to show valid photo ID, and they are encouraged to have their photos taken to add to their cards at the membership counter. Costco relies on membership fees to drive most of its revenue and help keep merchandise prices low. Last year, Costco stepped up enforcement by adding an extra check for memberships in self-checkout aisles to stop shoppers from using other members’ cards.

Organizations: Costco Locations: U.S

☆ Trump and Harris agree to Sept. 10 debate on ABC, two more dates in the works
▼ + stars: | 2024-08-08 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Joe Raedle | Getty ImagesFormer President Donald Trump and Vice President Kamala Harris have agreed to a debate on Sept. 10 hosted by ABC News, both presidential nominees said Thursday. Trump said CBS News will host a vice presidential debate between his running mate, Sen. JD Vance of Ohio, and Harris' running mate, Minnesota Gov. Joe Raedle | Getty ImagesNBC has pitched both campaigns multiple potential dates for a presidential debate, a person familiar with the matter told CNBC. Trump's campaign agreed to Sept. 25 but the Harris campaign has yet to agree to that date, the person said. Harris since then had taunted Trump for refusing to commit to the ABC debate, whose Sept. 10 date was set originally for Trump to debate President Joe Biden, who dropped out of the election last month.

Persons: Donald Trump, Joe Raedle, Kamala Harris, Trump, Harris, Elizabeth Frantz, Sen, JD Vance, Tim Walz, Fox, Joe Biden, Trump's, Walz, she's, Biden Organizations: Getty, ABC News, Fox News, NBC News, Democratic, ABC, Air Force, Detroit Metropolitan Wayne County Airport, Reuters, NBC, United Auto Workers, Republican, CBS, Minnesota Gov, Trump, CNBC, Tuesday Locations: Lago, Palm Beach , Florida, Romulus , Michigan, U.S, Wayne , Michigan, Ohio

☆ ABC Says Trump and Harris Have Agreed to Debate on Sept. 10
▼ + stars: | 2024-08-08 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

Vice President Kamala Harris and former President Donald J. Trump will face off in a televised prime-time matchup on Sept. 10, ABC News said on Thursday, setting up the latest crucial moment in an already unpredictable presidential campaign. The 90-minute debate is expected to be held in Philadelphia, according to two people with knowledge of the plans. In one sense, the announcement maintains the status quo: Mr. Trump agreed months ago to debate President Biden on ABC on that same date. But the Republican nominee wavered on that commitment after Mr. Biden withdrew from the race, arguing that he had not agreed to those terms with Ms. Harris. This year’s previous debate, in June, was perhaps the most consequential in the 64-year history of televised presidential matchups.

Persons: Kamala Harris, Donald J, Trump, David Muir, Linsey Davis, Biden, Harris, Biden’s Organizations: ABC Locations: Philadelphia

☆ Prosecutors say Romanian businessman hired Hunter Biden to seek U.S. policy influence
▼ + stars: | 2024-08-08 | by ( ) www.cnbc.com time to read: +1 min

Hunter Biden, son of President Joe Biden, makes a statement to the press outside the U.S. Capitol about testifying publicly to the House Oversight and Accountability Committee on Wednesday, Dec. 13, 2023. Prosecutors in the U.S. criminal tax case against Hunter Biden accused him of accepting payments from a Romanian businessman who sought to "influence U.S. government agencies" in connection with a criminal probe in Romania. ABC said the claim stems from Hunter Biden's work for Gabriel Popoviciu, a wealthy Romanian identified as "G.P." in the filing, and who prosecutors say hired Hunter Biden for legal work in late 2015 when Joe Biden was U.S. vice president. Lawyers for Hunter Biden did not immediately respond to requests for comment.

Persons: Hunter Biden, Joe Biden, Joe Biden's, Hunter Biden's, Gabriel Popoviciu, Popoviciu Organizations: U.S, Capitol, Prosecutors, U.S . Department of Justice, ABC, Reuters Locations: U.S, Romanian, Romania, Los Angeles

☆ Disney falls on concerns about its theme park business. Here's why we'd buy the stock
▼ + stars: | 2024-08-07 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

Shares of Disney fell Wednesday as concerns about attendance at its theme parks overshadowed streaming profits and better-than-expected headline results. The combined streaming business — encompassing Disney+, Hulu and ESPN+ — turned in its first-ever quarterly profit slightly ahead of schedule. Then, about two weeks ago, CNBC parent Comcast issued weak April-to-June results for its Universal theme parks business, which weighed on Disney's stock in that session . And, at this point, getting to profitability in the combined streaming business, which adds ESPN+ into the mix, was the biggest focus. "So, I do believe the parks business is in fundamentally good shape.

Persons: LSEG, —, Jim Cramer, Jim, we're, Hugh Johnston, Johnston, Disney, Bob Iger, Jim Cramer's, Walt, Gary Hershorn Organizations: Disney, Revenue, ESPN, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Hulu, CNBC, PepsiCo, Wall Street, ABC Network, Geographic, Management, Magic, Walt Disney World, Corbis, Getty Locations: U.S, India, Orlando , Florida

☆ Markets are counting on the Fed to head off recession with sizeable interest rate cuts
▼ + stars: | 2024-08-06 | by ( Jeff Cox | Jeff Cox Is A Finance Editor With Cnbc.Com Where He Covers All Aspects Of The Markets | Monitors Coverage Of The Financial Markets | ) www.nbcnews.com time to read: +5 min

Disappointing economic data recently generated worries that the Fed missed an opportunity at its meeting last week to, if not cut rates outright, send a clearer signal that easing is on the way. In the past, the Fed has implemented just nine such cuts, and all have come amid extreme duress, according to Bank of America. Lacking a catalyst for an intermeeting cut, the Fed is nonetheless expected to cut rates almost as swiftly as it hiked from March 2022-July 2023. Why wait?”LaVorgna, though, isn’t convinced the Fed is in a life-or-death battle against recession. Still, any quakes in the data, such as Friday’s downside surprise to the nonfarm payrolls numbers, could ignite recession talk quickly.

Persons: Jerome Powell, ” Steven Blitz, ”, Andrew Hollenhorst, ‘, ’ ”, Michael Gapen, Powell, Joseph LaVorgna, “, “ They’ll, isn’t, Goldman Sachs, David Rosenberg Organizations: Federal Reserve, TS Lombard, Fed, Citigroup, Bank of America, Nikko Securities, Rosenberg Research Locations: Jackson Hole , Wyoming, Nikko

☆ A bullish options trade on a tech recovery after the latest sell-off
▼ + stars: | 2024-08-06 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

We saw another EMA crossover in May, signaling the end of the pullback and the start of a new bull run. July 2023 : Although the majority of the current correction unfolded in August, the EMA crossover signal had already appeared in July. For example, in May 2023, waiting for the EMA crossover would have meant missing out on 4.6% of the move. The trade setup: QQQ bull call spread To take a bullish trade on QQQ, I will be using a trade structure called a "bull call spread." For example, if QQQ is trading at $440 at the time of the EMA crossover, one could consider buying a 440-441 call spread.

Persons: bullish, Nishant Pant Organizations: Nasdaq, Corrections, Trust, EMA, ITM, CNBC, NBC UNIVERSAL Locations: QQQ

The GOP’s 2024 party platform calls for the repeal of President Joe Biden’s executive order on AI, which Republicans say "hinders AI innovation." Senate Majority Leader Chuck Schumer speaks to NBC News from the balcony of his Capitol office on Thursday, Aug. 1. “We have lots of AI proposals in the defense bill because AI has national security concerns,” Schumer told NBC News. It would require federal agencies to assess the potential risks of using AI before purchasing or deploying AI systems. But it also has real problems,” Schumer said, referring to the Future of AI bill.

Persons: Chuck Schumer, Elon Musk, Donald Trump, Kamala Harris, Schumer, Trump, ” Schumer, ”, “ We’re, “, Joe Biden’s, “ Donald Trump, Frank Thorp V, TikTok, Sen, Mitt Romney, Brian Schatz, chatbot ChapGPT, Schumer —, —, Mark Zuckerberg, Bill Gates, Sundar Pichai, Sam Altman, Jensen Huang, Martin Heinrich, Todd Young, Mike Rounds, Rounds, ” Rounds, Gary Peters, Thom Tillis Organizations: New, New York Democrat, NBC News, Republican, Democratic, Republicans, NBC, Big Tech, National Defense, Senate, 118th, National Institute of Standards, Technology, NIST, Senate Homeland Security, Star Locations: WASHINGTON, Harris, New York, eyeing, Republic, Congress, China, U.S, R, Utah, Hawaii, Sens

☆ Chiefs make Harrison Butker NFL’s highest-paid kicker
▼ + stars: | 2024-08-05 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The Kansas City Chiefs and Harrison Butker have agreed to a contract extension that will make him the highest-paid kicker in the NFL, according to multiple reports. He has converted 89.1% of his 197 career field-goal attempts during the regular season. And he’s been even more accurate during the playoffs, hitting 91.4% of his kicks in the postseason, helping the Chiefs win three Super Bowls since 2019. “Harrison Butker gave a speech in his personal capacity,” Jonathan Beane, the NFL’s senior vice president and chief diversity and inclusion officer, told People in a statement. The Chiefs will open their regular season on Sept. 5 against the Ravens on NBC.

Persons: Harrison Butker, Butker, he’s, “ Harrison Butker, ” Jonathan Beane Organizations: Kansas City Chiefs, NFL, Chiefs, Carolina Panthers, Kansas City, Butker, Benedictine College, Ravens, NBC Locations: Kansas, Atchison , Kansas

☆ Walter Arlen, Holocaust Refugee and Belated Composer, Is Dead at 103
▼ + stars: | 2024-08-05 | by ( Robert D. Mcfadden | ) www.nytimes.com time to read: +1 min

Walter Arlen, a Viennese musical prodigy who fled to the United States after Nazi Germany annexed Austria in 1938 and became a music critic and a late-in-life composer of Holocaust and Jewish-exile remembrances in song, died on Sept. 3, 2023, in Santa Monica, Calif. He was 103. The death, in a hospital, was not widely reported at the time; Howard Myers, Mr. Arlen’s husband and sole survivor, confirmed it to The New York Times only recently. Mr. Arlen and Mr. Myers, longtime residents of Santa Monica, had been companions for 65 years and were married in 2008 after California’s Supreme Court upheld the legality of same-sex marriages. Even after eight decades, Mr. Arlen’s memories remained vivid — of his father being dragged off to a concentration camp; of his mother’s nervous breakdown and suicide; of his family’s home, business and bank accounts stolen by the Nazi authorities; and of witnessing the vicious murder of an older Jew by an SS guard.

Persons: Walter Arlen, remembrances, Howard Myers, Arlen’s, Arlen, Myers Organizations: New York Times, California’s, Nazi, SS, Hitler’s Locations: United States, Nazi Germany, Austria, Santa Monica, Calif, Vienna

☆ Pentagon Hands Over Last Base in Niger as Extremism Spreads in the Sahel
▼ + stars: | 2024-08-05 | by ( Eric Schmitt | ) www.nytimes.com time to read: +1 min

The U.S. military turned over control of its last base in Niger to local forces on Monday, ending a yearslong counterterrorism mission in the West African country even as violent extremism remains on the rise in the region. A group of U.S. troops boarded an Air Force cargo plane and flew out of a $110 million air base in central Niger that was built with Pentagon money, among the last of 1,000 personnel that Washington had agreed to pull out by Sept. 15. A small number of troops will remain at the United States Embassy for a short time to wrap up administrative details, officials said. “The withdrawal of U.S. forces and assets from Air Base 201 in Agadez is complete,” the Pentagon’s Africa Command said in a statement, referring to the installation in central Niger. “The effective cooperation and communication between the U.S. and Nigerien armed forces ensured that this turnover was finished ahead of schedule and without complications.”

Persons: “ Organizations: U.S, Air Force, Pentagon, Washington, United States Embassy, Air Base, Pentagon’s Africa Command, Nigerien Locations: Niger, West, U.S, Agadez

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