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Democratic presidential nominee and U.S. Vice President Kamala Harris and vice presidential nominee Tim Walz walk down the steps from Air Force Two at Savannah/Hilton Head International Airport in Savannah, Georgia, U.S., August 28, 2024. Democratic presidential nominee Kamala Harris in a new interview Thursday defended her vice presidential record on immigration and blamed her Republican rival Donald Trump for killing a bipartisan bill aimed to address the U.S.-Mexico border. "He killed the bill, a border security bill that would have put 1500 more agents on the border," she said. Harris vowed to sign that bill into law if she beats Trump in the Nov. 5 election. The vice president picked two hot-button issues to illustrate her point.

Persons: Kamala Harris, Tim Walz, Donald Trump, Harris, Dana Bash, Joe Biden, Trump, Walz, Sen, JD Vance, Thursday's, Bash, you've Organizations: Democratic, U.S, Air Force, Savannah, Hilton Head International, Republican, CNN, Minnesota Gov, Trump, Kim's, National Association of Black Journalists Locations: Savannah , Georgia, U.S, Mexico, Ohio

☆ NASA says astronauts stuck in space will not return on Boeing capsule, will wait for SpaceX craft
▼ + stars: | 2024-08-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Denise-Chow-Byline-Jm.Jpg | Denise Chow | ) www.nbcnews.com time to read: +2 min

NASA will call on SpaceX to bring home two astronauts who have been stuck on the International Space Station since early June after their Boeing spacecraft ran into several problems midflight, the agency said Saturday. While the agency has finally settled on how to bring the astronauts back, their return trip will not be immediate. Instead, Wilmore and Williams will remain at the space station for about six more months before flying home in February. NASA said it will free up two seats on an upcoming SpaceX launch, known as Crew-9, that will be taking a new rotation of space station crew members to the orbiting outpost. The beleaguered Starliner capsule, meanwhile, will journey back to Earth without a crew, likely sometime in early September, according to NASA.

Persons: Butch Wilmore, Suni Williams, Butch, Suni, Bill Nelson, Williams, Nelson, NASA’s Organizations: NASA, SpaceX, Space Station, Boeing, Spaceflight, Space, Wilmore, Space Center, NASA’s Kennedy Space Center Locations: Houston, Florida

Robert F. Kennedy Jr., left, waves to the crowd as former President Donald Trump speaks at a campaign rally in Glendale, Arizona on August 23. Ross D. Franklin/APFormer President Donald Trump addressed supporters at a rally in Glendale, Arizona, Friday, where he was joined by Robert F. Kennedy Jr., who suspended his own presidential campaign just hours earlier. However, Harris did mention the border and criticized Trump’s role in tanking a bipartisan border bill earlier this year. RFK Jr. could be appointed to a health panel: When suspending his presidential campaign, Kennedy suggested that he could join a potential second Trump administration in a role that would oversee a health care portfolio. Alejandra Jaramillo and Michelle Watson contributed to this post.

Persons: Robert F, Kennedy Jr, Donald Trump, Ross D, Trump, Harris, Kamala Harris, Trump’s, John F, Kennedy, ” Kennedy, that’s, CNN’s Aaron Pellish, Kate Sullivan, Kristen Holmes, Alejandra Jaramillo, Michelle Watson Organizations: Franklin, Democratic National Convention, RFK Jr Locations: Glendale , Arizona, tanking, Glendale

Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how its expansion has affected bettors’ finances. In separate papers released this month, academics have found that households in states where gambling was legalized saw significantly reduced savings, as well as lower investments in assets like stocks that are generally considered more financially sound. Meanwhile, states that legalized sports betting saw their residents’ aggregate credit scores decrease, while bankruptcies increased. North Carolina became the most recent state to offer online sports betting earlier this year. Earlier this year, the major sports betting platforms formed the Responsible Online Gaming Association to address problem gambling.

Persons: ”, Scott Baker, Charles Schwab, Baker, “ It’s, ” Baker, “ Rather, Brett Hollenbeck, Nicholas Scutari, Adam Candee, Candee, ” Candee Organizations: Northwestern University’s Kellogg School of Management, of Columbia, Trade, Vanguard, Fidelity, UCLA’s Anderson School of Management, Auto, New York, Gaming Commission, Addiction Services, Legal, Online, Association Locations: New York, New Jersey, Puerto Rico, North Carolina, California, Texas, U.S

TERMINI IMERSE, Italy — Prosecutors said there "could be a question of manslaughter" as they opened an investigation into the deaths of seven people after a superyacht sank while anchored off the Sicilian coast Monday. Speaking at a press conference, prosecutor Ambrogio Cartosio said the investigation is not currently directed at any individuals, and is looking into “the crime of culpable shipwreck and multiple manslaughter." New Zealander James Cutfield has already been questioned for more than two hours, and prosecutors said he had been "extremely cooperative." Bad weather was forecast ahead of the sinking, and questions about the weather were also raised by journalists. The body of Recaldo Thomas, a Canadian Antiguan national who was the ship’s cook, was recovered shortly after the accident.

Persons: Italy —, Ambrogio Cartosio, Cartosio, Divers, ”, Prosecutors, New Zealander James Cutfield, Mike Lynch —, Bill Gates ” —, Hannah, Jonathan Bloomer, Morgan Stanley, Judy, Christopher Morvillo, Neda, Recaldo Thomas Organizations: Italy — Prosecutors, New Zealander, Sky News, Morgan, Morgan Stanley International, Prosecutors Locations: Italy, New York City, Canadian

☆ A reenergized Democratic campaign draws convention ratings win over Republicans
▼ + stars: | 2024-08-24 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

Harris’ viewership victory amounted to a blow for Trump, who is famously obsessed with television ratings and the size of his crowds. The boost in viewership was also seen at ABC with 4.2 million viewers, and CNN with 3.9 million. Last month’s Republican convention in Milwaukee took place just days after the assassination attempt on Trump. As pressure mounted, Biden ended his campaign the weekend after the Republican convention. The singer had previously given the Harris campaign permission to use her 2016 hit “Freedom,” which played Thursday night as Harris took the stage.

Persons: Kamala Harris, Harris, Donald Trump’s, Trump, Harris ’, Bill Clinton, Barack Obama, Hillary Clinton, Michelle Obama, Stevie Wonder, John Legend, Kerry Washington, Mindy Kaling, Lil Jon, Last, Hulk Hogan, Kid Rock, Joe Biden, Biden, Beyoncé, Bey, ”, Taylor Swift Organizations: New, New York CNN, Democratic National Convention, Republican, Nielsen, Convention, Fox News, MSNBC, ABC, CNN, Fox, RNC, YouTube, SPAN, DNC, Trump, Democratic, CNN’s, TMZ, Hollywood Reporter, Beyoncé’s Locations: New York, Chicago, Milwaukee

☆ Former OpenAI employees call out Sam Altman for not backing even 'light-touch' safety efforts
▼ + stars: | 2024-08-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

"OpenAI opposes even the extremely light-touch requirements in SB 1047, most of which OpenAl claims to voluntarily commit to, raising questions about the strength of those commitments." They said the existing federal legislation OpenAI is using to support its case is "woefully inadequate." They said they hoped their letter would help push the California legislature to pass SB 1047. In an email to Business Insider, a spokesperson for OpenAI said the letter misrepresented the company's position on the bill. "We strongly disagree with the mischaracterization of our position on SB 1047.

Persons: —, OpenAI, California Sen, Scott Wiener, Sam Altman, William Saunders, Daniel Kokotajlo, Saunders, Wiener, we've Organizations: Service, Business, Congressional, Labor, U.S, AI Safety Locations: California, Sacramento, OpenAI

☆ NASA picks SpaceX to bring home the American astronauts stuck in space. It's the latest blow to Boeing.
▼ + stars: | 2024-08-24 | by ( Lauren Edmonds | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

AdvertisementBoeing's Starliner spacecraft during NASA's Boeing Crew Flight Test in June. A test flight, by nature, is neither safe nor routine. So, the decision to keep Butch and Suni aboard the International Space Station, and bring the Boeing Starliner home un-crewed, is a result of a commitment to safety." Both Boeing and SpaceX have spent a decade working with NASA on their Starliner and Crew Dragon vehicles, respectively. AdvertisementAfter years of delays, technical issues, and rising costs, this Crew Flight Test was the last hurdle Boeing had to clear for NASA to certify Starliner for human spaceflight.

Persons: —, Bill Nelson, Suni Williams, Butch Wilmore, Williams, Wilmore, Nelson, Kelly Ortberg, Wiliams, Starliner —, Joe Raedle, Russ DeLoach, Butch, Suni, Elon, CHANDAN KHANNA, SpaceX would've, Elon Musk Organizations: Service, NASA, Johnson Space Center, Business, Boeing, SpaceX, NASA's Boeing, Space Shuttle Columbia, Ars Technica, Challenger, Columbia, NASA's, Safety, Mission Assurance, Soyuz, ISS Locations: Houston, Boca Chica , Texas

☆ Former OpenAI researchers warn of 'catastrophic harm' after the company opposes AI safety bill
▼ + stars: | 2024-08-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

"We joined OpenAI because we wanted to ensure the safety of the incredibly powerful AI systems the company is developing," the researchers, William Saunders and Daniel Kokotajlo, wrote in the letter. "But we resigned from OpenAI because we lost trust that it would safely, honestly, and responsibly develop its AI systems." AdvertisementThey continued: "Developing frontier AI models without adequate safety precautions poses foreseeable risks of catastrophic harm to the public." SB1047 "has inspired thoughtful debate," and OpenAI supports some of its safety provisions, Kwon's letter, dated a day before the researchers' letter was sent, read. "We cannot wait for Congress to act — they've explicitly said that they aren't willing to pass meaningful AI regulation," Saunders and Kokotajlo wrote.

Persons: —, Gavin Newsom, William Saunders, Daniel Kokotajlo, Saunders, Kokotajlo, Sam Altman, Jason Kwon, Scott Wiener, Kokotajlo aren't, OpenAI, California's, — they've, Newsom Organizations: Service, Politico, California Gov, Business, California Legislature, Wiener Locations: California

The test flight was originally intended to last about nine days. The decision to bring Starliner back from the ISS empty marks a dramatic about-face for NASA and Boeing, as the organizations were previously adamant that the capsule was the primary choice for returning the crew. But Starliner's crew flight test, which had been seen as the final major milestone in the spacecraft's development, faced problems — most notably with its propulsion system. "Boeing has worked very hard with NASA to get the necessary data to make this decision," NASA Administrator Bill Nelson said during a press conference with top NASA officials at Johnson Space Center in Houston on Saturday. NASA will now conduct another phase of its Flight Readiness Review to determine when to bring the empty Starliner home.

Persons: Butch Wilmore, Suni Williams, Wilmore, Williams, Bill Nelson Organizations: NASA, International, Station, Boeing, ISS, SpaceX's, Johnson Space Center Locations: Starliner, Houston

☆ Ukraine’s president signs law banning Russia-linked religious groups
▼ + stars: | 2024-08-24 | by ( Daria Tarasova Markina | ) edition.cnn.com time to read: +4 min

President Volodymr Zelensky signed into law a bill banning religious groups with ties to Russia Saturday, Ukraine’s Independence Day. The bill’s main target is the Ukrainian Orthodox Church (UOC) which has historically been linked to the Russian Orthodox Church, also known as the Moscow Patriarchate. The law passed Ukraine’s parliament on August 20, with 265 lawmakers voting for and 29 voting against. But with Russia’s annexation of Crimea in 2014, Ukraine’s Orthodox churches split. In particular, 63% believe that Ukrainian Orthodox Church should be completely banned in Ukraine.

Persons: Volodymr Zelensky, Mykyta, ” Poturaiev, Bartholomew I of Constantinople, Ukraine’s, Epiphanius, ”, Metropolitan Clement, –, ” Kosta Gak Organizations: CNN, Russia, Ukrainian Orthodox Church, Orthodox Church, Russian, Church, Ukraine’s, Service, Ethnic, Ukraine’s Security Service of Ukraine, of Ukraine, Moscow Patriarchate, Ukraine, Kyiv International Institute of Sociology, Facebook, God Locations: Ukraine, Russia, Ukrainian, Moscow, Crimea, Kyiv, Ukraine’s Kyiv, Russian

☆ Restaurants fight back against the FTC crackdown on 'junk fees' as diners balk at new charges
▼ + stars: | 2024-08-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +7 min

Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".

Persons: Birkin, Biden, Joe Biden, Chip Somodevilla, Biden administration's crosshairs, Sean Kennedy, Kennedy, Andres Clavero, Clavero, Galit, Peter Demetri, Tai Huh, Huh, CSHG Organizations: Getty, National Restaurant Association, Federal Trade Commission, White, Biden Administration, U.S . Labor Department, National Women's Law, Cambridge Street Hospitality Group, Health, Restaurant Association, California's Locations: Los Angeles, Chicago, Washington ,, New York, Denver, Asian, Massachusetts, California, –, Oakland , California

In 2019, Gates wrote a post titled "Grilling and chilling with Warren." In 2020, Gates wished Buffet a happy 90th birthday. Instead of writing about goofy guys' trips, Gates thanked Buffett for his generous contributions to the Gates Foundation. In 2023, Gates didn't mention Buffett in a single post. And in his 20-plus posts so far in 2024, Gates has only mentioned Buffett once, again focusing solely on philanthropy.

Persons: Gates, Buffett, Bennett Raglin, Warren Organizations: Gates Foundation Locations: Ohama

Harris called for ending taxes on tips while rolling out a series of populist economic proposals last week, echoing a policy Trump already supported. The vice president pointed to Trump’s opposition to a bipartisan border security and immigration bill, which turned Republicans against the measure. Vice President Kamala Harris gestures as she steps from Air Force Two upon arriving at Joint Base Andrews, Maryland, on August 23, 2024. As the sitting vice president, Harris’s response to an economic calamity or foreign crisis would be closely scrutinized. The spokesperson also said there have been more than 1,000 sign-ups for Students for Harris chapters across the country since the launch of Harris’ campaign.

Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, eyeing, Trump, Robert F, Kennedy Jr, who’s, ” Kennedy, Biden, showdowns, I’m, Hawaii Democratic Sen, Brian Schatz, “, ” Harris, ”, she’s, ‘ We’re, ’ She’s, Ohio Sen, JD Vance, Kamala, mispronounced Harris ’, Harris ’, fumed, he’s, ” Trump, La Capra, Julia Nikhinson, let’s, familiarizing, —, Kevin Lamarque, Tulsi Gabbard, Gabbard, Jen O’Malley Dillon, Austin Steele, Quentin Fulks, Tim Walz, Joshua Martin, Rebecca Wright, Pinar Yildirim, Deja Foxx, “ Young, Brian Kemp, Kemp, Vance, Trump’s, ” Vance, Sean Hannity, “ We’re, ” Kemp, “ Kamala Harris, Wisconsin . Ohio Sen, Marco Bello, Walz, ” CNN’s Ted Barrett, Kate Sullivan, Kristen Holmes, Ali Main, Aaron Pellish, Alejandra Jaramillo, Priscilla Alvarez Organizations: CNN, Democratic National Convention, Trump, Democratic, ABC, Hawaii Democratic, Republican, Biden, Social Security, Air Force, Joint Base Andrews, Reuters, Union, Hawaii Rep, United Center, MSNBC, United, Minnesota Gov, Convention, University of Pennsylvania, Facebook, Harris, Georgia Gov, Georgia Republican, Party, GOP, Fox News Locations: Arizona, Trump, Glendale, Hawaii, Chicago, Ohio, Georgia, Nevada, Las Vegas, Mexican, North Carolina , Nevada , Arizona, Wisconsin , Michigan, Pennsylvania, Joint Base Andrews , Maryland, California, Chicago , Illinois, Washington, Asheboro, United States, Wisconsin . Ohio, Kenosha, Kenosha , Wisconsin

☆ This woman made up to $110,000 a year as a nanny for the ultra-rich. Here's what she learned from the job
▼ + stars: | 2024-08-24 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +10 min

In Kiser's final year as a nanny during the pandemic, she estimates she took home about $110,000. CNBC spoke with Kiser about some of the financial lessons she learned during her time as a nanny, and why she ultimately left the role. Stephanie Kiser: I read "The Nanny Diaries" when I started my first job. SK: A contract as a nanny is important because there's no human resources; there's no laws protecting you. It seems like nannying work can have a low barrier to entry, with salary growth potential, but then there are all these other risks.

Persons: Stefanie Kiser, Jillian Rahn, Stefanie Kiser Stephanie Kiser, Tim Walz, Kiser, Scarlett Johansson, James Devaney, Ana Teresa Solá, Stephanie Kiser, nannying, I'm, Nannies, nannies, they've, who've, There's, weren't Organizations: Upward Mobility, Mercedes, Hamptons, Finance, CNBC, Upper, Wireimage, Getty, SK, New, Domestic, ATS, Pew Research Center Locations: New York City, America, New York City , New York, United States, New York

☆ Sports gambling takes a toll on Americans’ checkbooks, research shows
▼ + stars: | 2024-08-24 | by ( Rob Wile | ) www.cnbc.com time to read: +6 min

Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how its expansion has affected bettors' finances. Meanwhile, states that legalized sports betting saw their residents' aggregate credit scores decrease, while bankruptcies increased. North Carolina became the most recent state to offer online sports betting earlier this year. Earlier this year, the major sports betting platforms formed the Responsible Online Gaming Association to address problem gambling. Yet there is likely a limit to how much the platforms will seek to restrict their own activities.

Persons: Scott Baker, Charles Schwab, Baker, It's, Brett Hollenbeck, Nicholas Scutari, Adam Candee, Candee Organizations: Northwestern University's Kellogg School of Management, of Columbia, Trade, Vanguard, Fidelity, UCLA's Anderson School of Management, Auto, New York, Gaming Commission, Addiction Services, Legal, Online, Association Locations: New York, New Jersey, Puerto Rico, North Carolina, California, Texas, U.S

The Department of Veterans Affairs has clawed back billions of dollars that countless veterans were given as incentives to leave the military, including when it needed to downsize, according to new data obtained by NBC News. Disabled veterans have been told in the last 12 fiscal years to return nearly $3 billion in special separation pay — lump-sum incentives that were offered when the U.S. had to reduce its active-duty force or release slightly injured service members, the data shows. The justification of the recoupment rule carried over in the 1990s when other forms of special separation payments — unrelated to disabilities — were authorized. Those payments, including the Special Separation Benefit (SSB), were designed instead to help the Defense Department manage its force size. He was told to pay back the money in 2017 after he filed for VA disability for PTSD and other conditions.

Persons: ”, Damon Bird, “, ” Salahudin Majeed, Bird, Salahudin Majeed, ” Majeed, ‘, ’ ” Majeed, —, ” Marquis Barefield, Marquis Barefield, ” Barefield, John Colage, Terrence Hayes, Hayes, Colage, ” Colage, Domenick Fini, Denis McDonough’s, Majeed, recoupment, Ruben Gallego, Gallego Organizations: of Veterans Affairs, NBC News, Disabled, NBC, Army, ” Army, Congressional Research Service, Defense Department, DAV, American Veterans, ” Navy, U.S ., Appeals, Veterans, Veterans ’ Appeals, RAND Corporation Locations: U.S, —, Haslet , Texas, USS Iowa, Missouri, Texas, Iraq

☆ Chinese scientists use lunar soil to produce water, state media reports
▼ + stars: | 2024-08-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Chinese scientists have discovered a “brand-new method” of producing large quantities of water using lunar soil brought back from a 2020 expedition, state broadcaster CCTV reported on Thursday. Vials of lunar soil brought back from the moon by China's Chang'e-5 probe in Beijing, on Aug. 26, 2021. China hopes that recent and future lunar expeditions will set the foundations to build the International Lunar Research Station (ILRS), an initiative it is co-leading with Russia. The announcement of the discovery comes at a time when Chinese scientists are already conducting experiments on lunar samples brought back in June by the Chang’e-6 mission. The importance of lunar water goes beyond making permanent human presence viable.

Persons: China’s, “, ”, China's Chang'e, Ren Hui, Bill Nelson, NASA’s Nelson Organizations: Academy of Sciences, Getty, Lunar Research, Russia, NPR Locations: U.S, China, Beijing

Harris hasn’t yet released many details about her strategy to wipe out medical debt, but policy experts say a newly implemented medical debt relief program from North Carolina could offer a roadmap. Roy Cooper announced that nearly 100 hospitals in the state had signed on to participate in the Medical Debt Relief Incentive Program, which he said will incentivize hospitals to eliminate $4 billion in medical debt for 2 million low- and middle-income patients over the next two years. At a campaign event last week in Raleigh, North Carolina, Harris thanked Cooper for canceling medical debt in his state, and Cooper introduced Harris at the convention Thursday. Hospitals will get additional federal funds if they forgive existing debt and move to prevent future medical debt. “I see medical debt as the most salient example of a health care system which isn’t working,” he said.

Persons: Kamala Harris, Harris, Harris hasn’t, Roy Cooper, Cooper, Neale Mahoney, “, ” Mahoney, ”, Adam Gaffney, Larry Levitt, Levitt, —, Mahoney, Harris ’, ” Levitt, Will, aren’t, Ciara Zachary, Zachary, it’s, Barack Obama, ” Zachary Organizations: Democratic, Convention, North Carolina Gov, Debt Relief, Stanford University, White, National Economic Council, Cambridge Health Alliance, Consumer Financial, White House, North Carolina Department of Health, Human Services, Medicaid, UNC Gillings School of Global Public Health, Medicare, Services, Republican, Affordable Locations: United States, Chicago, U.S, KFF, North Carolina, Raleigh , North Carolina, “ North Carolina, Massachusetts, —

Spokesperson Jillian Cowherd said the voter registration process is started at the DMV, but completed at the Virginia Elections Department. It’s also used to verify voter rolls. But user and data errors in the DHS system — such as confusing people who share the same name — have led to people being inaccurately flagged on voter rolls, Clapman said. She said Youngkin’s announcement of noncitizen voters “stokes election denial generally, undermining faith in election results. Last October, election officials under Youngkin removed nearly 3,400 legal Virginia voters from the rolls, after misclassifying probation violators as felons.

Persons: Glenn Youngkin, “, Donald Trump, Mike Johnson, noncitizens, Youngkin, Trump, ”, Alice Clapman, Brennan, Johnson, Griffin Neal, Christian Martinez, Jossie Flor Sapunar, Jillian Cowherd, It’s, Clapman, it’s, Tony Castrilli, Castrilli, Gretchen Reinemeyer, Reese Brogdon, don’t, Reinemeyer, she’s, ” Reinemeyer, Brennan Center’s Clapman, “ stokes, ” Clapman, Virginia, Trump’s, J.Christian Adams Organizations: Virginia Gov, NBC News, NBC, stoke, Brennan Center for Justice, Louisiana Republican, SAVE, CASA, Social, Virginia Elections Department, Elections Department, Social Security Administration, of Homeland Security, DHS, Fairfax County, Local, The League, United Latin, “ Locations: Virginia, Local Virginia, Louisiana, Fairfax County, Arlington County, Manassas, Richmond

☆ Tesla's AI supercomputer has a Silicon Valley town rushing to meet surging electricity demand
▼ + stars: | 2024-08-23 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

One of these huge new AI data centers is being built at a Tesla office in the Silicon Valley town of Palo Alto. Related storiesDuring a presentation about Tesla's Dojo AI supercomputer, engineer Bill Chang said the company's testing used so much power that it overwhelmed a nearby Palo Alto substation. A slide from a Palo Alto city presentation The City of Palo AltoThe substation upgrade is being done at unprecedented speed. It doesn't help that on July 1 Palo Alto increased electric bills by 9%, well ahead of inflation. She also stressed that Palo Alto utility rates were not increased to pay for this substation upgrade.

Persons: —, Elon Musk, Alistair Barr, Tesla, Bill Chang, Palo Alto Alistair Barr Organizations: Service, Business, Workers, Palo Alto, Palo, Hanover Substation Locations: Silicon, Palo Alto, CPAU, Palo, Hanover

☆ Here are Friday's biggest analyst calls: Nvidia, Peloton, Chewy, Uber, Burlington Stores, BJ's Wholesale Club, Roku and more
▼ + stars: | 2024-08-23 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

JPMorgan downgrades Peloton to neutral from overweight "Following Thursday's +35% appreciation (vs. SPX -1%) we are moving from Overweight to Neutral rated as PTON's return to growth in CF Subs & Revenue remains challenging, & visibility is limited given secular & macro pressures." Wells Fargo reiterates Burlington Stores as top pick "We reiterate BURL as our "Top Pick" and see a highly visible growth/margin bull case unfolding in real time. The combination of 1) comp acceleration and 2) margin unlocks should be powerful, and we raise 2Q/FY numbers above Street. Wells Fargo upgrades BJ's Wholesale Club to overweight from equal weight "Margin investment is the right strategic shift despite n/t pain, and supplements robust member gains. Valuation is tricky, but comp ramp/return to algo in '25 point to upside."

Persons: Piper Sandler, Warby Parker, Uber, Nomura, Wells, BURL, Goldman Sachs, Bill.com, Guggenheim Organizations: Nvidia, RBC, Westlake, JPMorgan, CF Subs, Revenue, Bank of America, Waymo, Tesla, Burlington Stores, Wholesale

☆ 'The Crow' reboot was 16 years in the making. It's finally out, and critics say it's 'tedious' and 'unfathomably awful.'
▼ + stars: | 2024-08-23 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewIt took 16 years to make "The Crow" reboot, but now it's finally out, critics say the Bill Skarsgård-fronted comic book movie is "repulsive" and "unfathomably awful." "The Crow" was finally released on Thursday, and the reviews are terrible. The Guardian's Benjamin Lee described the reboot as "unfathomably awful," and criticized Skarsgård and Twigs' performance. However, that isn't always the case — especially for comic book movies. AdvertisementUnfortunately, "The Crow" appears to fall into that category rather than reaching the heights of the beloved 1994 movie.

Persons: —, it's, Skarsgård, Eric Draven, Shelly, It's, James O'Barr's, Brandon Lee, Draven, Jason Momoa, Luke Evans, Bradley Cooper, Eric, Kirsty Puchko, David Rooney, Witney Seibold, Benjamin Lee, Christopher Nolan's, isn't Organizations: Service, Business, Lionsgate, Hollywood, Witney Locations: Hollywood

☆ Opinion | Kamala Takes Chicago
▼ + stars: | 2024-08-23 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

Kamala Harris had a message for America about Donald Trump and JD Vance on Thursday night. “Simply put, they are out of their minds,” she said to cheers from thousands of Democratic convention delegates in United Center. She was talking about their draconian abortion stances but it could have applied to so much more. Well, we trust women.”Harris has to prove that she is a woman America can trust, as she tries to get the country to do something it has never done before: elect a woman as president. She promised that she would “proudly” sign a bill restoring abortion rights across America.

Persons: Kamala Harris, Donald Trump, JD Vance, ”, ” Harris, —, Harris, “ Organizations: Democratic, United Center, Trump Locations: America

Celebrities and Notable Faces in the Crowd at the Democratic ConventionThousands of Democrats — delegates, party members, politicians and celebrities — filled Chicago’s United Center this week to nominate Vice President Kamala Harris and Governor Tim Walz of Minnesota for president and vice president. Doug Emhoff, the second gentleman Maya Harris, Tony West and Meena Harris Vice President Harris’s grand-niece Gov. After several guests highlighted Mr. Walz’s average-Joe persona and background as a football coach, he officially accepted the Democrats’ vice-presidential nomination. Senator Amy Klobuchar of Minnesota helped to introduce Mr. Walz before he took the stage, emphasizing his Midwestern roots. “America, I gave my best to you,” he said, reciting a phrase from the song “American Anthem” by Gene Scheer.

Persons: —, Kamala Harris, Tim Walz, Ms, Harris, Meena, Ella, Doug Emhoff, Maya Harris, Tony West, Meena Harris, Harris’s, Gov, Gus, Hope Octavia Spencer, Rosario Dawson, Padma Lakshmi, Joe, Sheryl Lee Ralph, Bill Clinton, Oprah Winfrey, Amy Klobuchar, Walz, Walz’s, Gwen, Tina Smith, Elizabeth Warren of, Mark Kelly of Arizona, Gabby Giffords, Arizona Julian Castro, Joaquin Castro of, Ilhan Omar, Minnesota Tony Goldwyn, Mark Hamill, J.B . Pritzker, Lil Jon soundtracked, Michelle Obama, Barack Obama, “, ”, Cole, Illinois Lil Jon, Mr, Emhoff’s, Barbara, Michael Cole, Emhoff's, Gretchen Whitmer, Wes Moore, Tony Evers, Andy Beshear, Maxine Waters, California Spike Lee, Wendell Pierce, Sean Astin, Hillary Clinton, Biden, Gene Scheer, Biden’s, ” Nancy Pelosi, Joe ” Organizations: Democratic, Chicago’s, Democrats ’, Joaquin Castro of Texas Rep, J.B, Illinois, Michigan Gov, Maryland Gov, Wisconsin Gov, Kentucky Rep Locations: Minnesota, Elizabeth Warren of Massachusetts, Arizona, Illinois, Kentucky, California, “ America

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