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☆ Australian billionaire proposes secure gate system to supply aid to Gaza
▼ + stars: | 2024-06-11 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Brisbane, Australia CNN —An Australian billionaire is offering to build a secure gate system on the Israel-Gaza border that he says could allow 10,000 metric tons of food aid to be delivered each day to starving Palestinians. He’s also committed $5 million to improve the Jordanian humanitarian land corridor by building storage warehouses to allow more aid to pass to Gaza. Cargo trucks carrying humanitarian aid move through security inspections before crossing into the Gaza Strip, in Kerem Shalom, Israel on March 14. The IDF has repeatedly said hundreds of trucks carrying humanitarian aid have been entering the Gaza Strip, but aid organizations say the supplies are not reaching civilians in need. The passage of aid into Gaza has become gridlocked by Israeli inspections, and in some cases the temporary closure of access points.

Persons: Australia CNN —, Andrew Forrest, Antony Blinken, He’s, ” Forrest, Minderoo, Forrest, Israel, Fortescue, Marcus Yam Organizations: Australia CNN, Minderoo Foundation, United Nations, US, CNN, Cargo, Los Angeles Times, Israel Defense Forces, Ministry of Health, IDF, United Nations Security, Systems, NET, US Agency for International Development Locations: Brisbane, Australia, Israel, Gaza, Jordan, Egypt, Kerem Shalom, airdrops

☆ Activist investor takes $1.9 billion stake in Southwest Airlines, calls for leadership changes
▼ + stars: | 2024-06-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier. Southwest (LUV) stock gained more than 6% in trading Monday on the news of Elliott’s letter to the Southwest Board. Ellioitt’s letter made no mention of a desire to change Southwest from an all-737 fleet, which would increase the cost of pilot training and spare parts. Its letter does not give details about the changes it wants to see, other than a change in leadership at the airline. CEO Bob Jordan told investors last month that the airline is “seriously studying” a possible change to that policy.

Persons: ”, Elliott, Bob Jordan Organizations: New, New York CNN, Elliott Investment Management, Southwest Airlines, Dallas, Southwest Board, Boeing, Department of Transportation, Texas, Johnson Controls Locations: New York, ” Florida, Softbank

☆ How Costco is expanding e-commerce on 3 fronts and what's next for the record-high stock
▼ + stars: | 2024-06-10 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Everybody, including Costco, is chasing Amazon, which accounts for 45% of all U.S. e-commerce sales, according to JPMorgan in a research note Monday. While unlikely to compete at the level of Amazon or Walmart online in the near future, Costco could carve out a lucrative e-commerce lane with its loyal, value-orientated customers. Engaged members want to spend more online at Costco "given the value/quality and cash back," the analysts added. Costco has an "incredible opportunity to better target customers and leverage its rich database of perfect data and is still in its early innings" of e-commerce, JPMorgan said. Adding to the e-commerce story, JPMorgan cited the Costco Logistics network, which has amped up "e-commerce fulfillment of bulky items."

Persons: Jim Cramer, Morgan Stanley, Gary Millerchip, Instacart, Jim Cramer's, Jim, John Keeble Organizations: Costco, JPMorgan, Walmart, Amazon, Target, Kroger, Costco Logistics, Logistics, CNBC, Lakeside, Getty Locations: Grays, United Kingdom

☆ T20 World Cup: Pakistan suffer thrilling six-run defeat to rivals India to leave hopes in jeopardy
▼ + stars: | 2024-06-10 | by ( Megan Wellens | ) www.cnbc.com time to read: +2 min

NEW YORK, NEW YORK - JUNE 09: Virat Kohli and Mohammed Siraj of India celebrates following the team's victory in the ICC Men's T20 Cricket World Cup West Indies & USA 2024 match between India and Pakistan at Nassau County International Cricket Stadium on June 09, 2024 in New York, New York. (Photo by Alex Davidson-ICC/ICC via Getty Images)India dealt a cruel blow to rivals Pakistan's T20 World Cup hopes with a thrilling six-run victory in New York. However, the Pakistan batting attack fell apart under the pressure and from 72-2 were reduced to 88-5 themselves, unable to find big boundaries in the final overs to seal a big win. In Group A, India now sit top of the table, with USA in second. Pakistan are now in fourth and are yet to pick up a win.

Persons: Virat Kohli, Mohammed Siraj, Alex Davidson, Jasprit, Pandya, Bumrah, Mohammad Rizwan, Naseem Shah, Haris Rauf, Mohammad Amir, Babar Azam, Suryakumar Yadav, Usman Khan Organizations: NEW, ICC, West Indies, Nassau County International Cricket, Getty Images, Pakistan, USA Locations: India, Pakistan, New York , New York, New York

☆ U.N. Security Council Passes U.S.-Backed Cease-Fire Resolution
▼ + stars: | 2024-06-10 | by ( Michael Crowley | ) www.nytimes.com time to read: +6 min

Ambassador Linda Thomas-Greenfield and other members of the United Nations Security Council voted on the resolution. The U.N. Security Council on Monday adopted a U.S.-backed cease-fire plan for the Gaza Strip after Russia opted not to block it, adding extra heft to a growing international push for an end to the fighting. In passing the resolution, the Council delivered a diplomatic victory to Washington, which had vetoed three previous cease-fire resolutions before the Council. Russia and China and Algeria, the only Arab member of the Security Council, had said in back-channel negotiations that the text appeared too lopsided in favor of Israel. Ever since the war started eight months ago, the Security Council has been in a deadlock over finding a way to end the conflict and fulfill its mandate to uphold international peace and stability.

Persons: Linda Thomas, Greenfield, ”, Thomas, Israel, “, Reut Shapir Ben, Naftaly, Ms, Shapir Ben, Vasily Nebenzya, Nebenzya, Biden, Nate Evans, Evans, “ Israel, Marko Djurica, Benjamin Netanyahu, Fu Cong Organizations: United Nations Security, . Security, United Nations, U.S, ., Reuters, ” Diplomats, States, Security, Security Council, United Locations: U.S, Gaza, Russia, Washington, United States, Qatar, Egypt, Russian, Israel, Tel Aviv, China, Algeria

☆ A working-class immigrant neighborhood in Queens banned cars along a major road. The new park is a 'superhighway of kids and families and neighbors.'
▼ + stars: | 2024-06-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Just a few years ago, that same road — 34th Avenue — was a traffic-clogged artery. The 34th Avenue Open Street is 26 traffic-restricted blocks with a handful of entirely car-free plazas outside schools. Thousands of students use the 34th Avenue Open Street to get to and from school every day. Siff and others hope 34th Avenue will become a public park that prioritizes people on foot. Do you live on or near an open street in New York City or a traffic-restricted street elsewhere?

Persons: —, Nuala O'Doherty, Naranjo, Kathy Hochul, O'Doherty, ", Eliza Relman, Braulio Tellez, Tellez, Jim Burke, Burke, they're, " O'Doherty, Shekar Krishnan, Krishnan, they've, Dawn Siff Organizations: Service, Manhattan, Business, Initiative, New York Gov, Immigrant, Central Queens, Elmhurst Hospital Center, City Department of Transportation, City College, Coalition, City, Department of Transportation, Alliance, Park, Citi Field Locations: Jackson Heights , Queens, York, Manhattan, Jackson, Central, Elmhurst, New York City, Bronx, Siff, Mexico City, Paris

☆ China's consumers are spending on experiences. Travel stocks to watch
▼ + stars: | 2024-06-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

In a report last week about China's consumer market potential, Bank of America Securities analysts chose hotel operator H World as one of its top picks. "We believe H World is best positioned to capture long-term growth in the China hotel industry given best-in-class execution," the analysts said. BofA rates H World a buy, and expects its U.S.-listed shares can reach $47. That's 30% above where H World shares closed Thursday. In China, H World also owns master franchisee rights for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel.

Persons: Wang Xing, Meituan, Styles, Grand, Goldman Sachs, Morgan Stanley, Wang, Neil Shen, Shen, BTG's, BTG, Trip.com, — CNBC's Michael Bloom Organizations: HSBC, Hong, Bank of America Securities, Mercure, Grand Mercure, Novotel, Travelers, BTG Hotels, Shanghai, Jefferies Locations: Hong Kong, China, U.S, Asia, Macau, Taiwan, —, Mainland China

☆ Americans are sick of tipping culture and scaling back everywhere from restaurants to hair salons
▼ + stars: | 2024-06-09 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Many Americans are not willing to leave a tip all the time, and they're becoming less likely to do so. The 2024 survey of US adults conducted from April 29 to May 1 found that 67% percent of those who go to sit-down restaurants always give tips to servers. Thirty-five percent of adults said "tipping culture has gotten out of control," per the Bankrate post. Still, the survey found 78% of Gen Xers and 86% of baby boomers who go to sit-down restaurants always give a tip. AdvertisementAnd younger Americans are less likely to tip at sit-down restaurants.

Persons: Bankrate, Ted Rossman, it's, Xers, culture's, Gen Xers, Gen Zers, millennials, Rossman, that's Organizations: Service, Business, Pew Research Center

☆ Vigilante Hong Kong cabbies went undercover to ensnare illegal Uber drivers. It backfired
▼ + stars: | 2024-06-08 | by ( Chris Lau | ) edition.cnn.com time to read: +8 min

They are vigilante taxi drivers taking direct action, having become increasingly frustrated about Hong Kong authorities’ failure to regulate the ride-hailing platform. Noemi Cassanelli/CNNA Uber app is seen on a mobile phone in Hong Kong, China, on May 24, 2024. Patrick Tam, secretary general of the Hong Kong Taxi & Public Light Bus Association, acknowledged the complaints against some unruly taxi drivers, and said he supported the police going after them. “We just want fair treatment.”So far, Hong Kong police have said they had not arrested any Uber drivers ensnared in the amateur sting operations. And CUHK’s Chan said that, after years of ambiguity, Hong Kong is already playing catch-up.

Persons: Ka Chun, “, Uber, Noemi Cassanelli, CNN Uber, ”, Oliver Chan, Hong, John Lee, Lau, tim, ” Jason Chan, Mo, “ Uber, Patrick Tam, CNN Estyn Chung, CUHK’s Chan Organizations: CNN, Hong, Chinese University of Hong, Taxi, Pictures, hackney, CNN Taxis, HK, Hong Kong Taxi, Light Bus Association, Uber Taxi, Uber Locations: Hong Kong, China, Central, Chinese University of Hong Kong, Jordan, Singapore

☆ US resumes maritime aid deliveries to Gaza after pier repair
▼ + stars: | 2024-06-08 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +3 min

CNN —Maritime aid deliveries to Gaza resumed Saturday after a US-built temporary pier was repaired a day prior, US Central Command announced. CENTCOM made it clear Saturday that the pier, “including its equipment, personnel, and assets,” was not used in the operation. The pier, used in addition to dropping aid out of planes and trucking it through border checkpoints, sustained damage and broke apart in heavy seas late last month. In the less than two weeks the pier was operational, it helped deliver some 1,000 metric tons of aid to Gaza. The US had faced a number of challenges with the pier, including planning around Israel’s operations in Rafah, establishing who would transport the aid from the pier into Gaza, and logistical issues such as sea and weather conditions.

Persons: CENTCOM, ”, ” CENTCOM, Brad Cooper, CNN’s Jennifer Hansler, Philip Wang, Natasha Bertrand, Haley Britzky, Rachel Wilson, Sana Noor Haq Organizations: CNN, Maritime, Gaza, US Central Command, US, United Nations, UN, Royal Jordanian Air Force Locations: Gaza, Rafah, Israel

Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ US military’s Gaza pier has been repaired and reattached to beach
▼ + stars: | 2024-06-07 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +5 min

CNN —The US military’s temporary pier off the coast of Gaza was repaired and reattached to the beach on Friday morning, after breaking apart and sustaining damage in heavy seas last week, the deputy commander of US Central Command said on Friday. “I’m very pleased to announce that earlier this morning, in Gaza, US forces successfully attached the temporary pier to the Gaza beach. Israeli Defense Force engineers provided all the necessary support to ensure the safe emplacement of the pier to the beach,” Vice Adm. Brad Cooper told reporters on Friday. The damage last week came after significant obstacles on distribution routes including Hamas drones and looting that delayed the deliveries. The pier’s construction came as the humanitarian situation in Gaza deteriorates and the death toll from Israel’s bombardment climbs.

Persons: “ I’m, Brad Cooper, “, ” Cooper, Cooper, ”, Chris Mewett, ” Mewett, Shania Shelton, Jennifer Hansler, Oren Liebermann, Alex Marquardt, Haley Britzky, Kylie Atwood, Michael Conte, Helen Regan Organizations: CNN, US Central Command, US, Israeli Defense Force, USAID, Royal Jordanian Air Force Locations: Gaza, Rafah

☆ Starbucks teams up with Grubhub on delivery
▼ + stars: | 2024-06-06 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —Starbucks is teaming up with Grubhub as it tries to boost sales after a challenging quarter. By August, Starbucks items should be available on Grubhub throughout the country, the company said. Prior to the Grubhub partnership, customers could already order Starbucks items via DoorDash and Uber Eats. Since the pandemic, more consumers have been getting their cafe and restaurant orders to-go, via delivery or pickup. In addition to broadening access to delivery, Starbucks is taking other steps to try to jumpstart sales, like updating its app, offering new menu items and testing staying open overnight.

Persons: Uber, Laxman Narasimhan, ”, Meg Mathes Organizations: New, New York CNN, Starbucks Locations: New York, Pennsylvania , Colorado, Illinois, U.S

☆ Boeing Starliner docks with ISS, delivering its first NASA crew to space station
▼ + stars: | 2024-06-06 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Boeing's Starliner capsule is seen while approaching the International Space Station with two NASA astronauts on board on June 6, 2024. Boeing's Starliner capsule docked with the International Space Station on Thursday, a milestone for the company's crew spacecraft in a crucial test flight. The spacecraft docked with the ISS at 1:34 p.m. There are now two U.S.-built crew spacecraft docked with the ISS for the first time. The mission represents a final major step before NASA certifies Boeing to fly crew on operational missions.

Persons: Boeing's, Boeing's Starliner Organizations: NASA, International, Boeing, ISS Locations: U.S

☆ China's Alibaba is courting European and U.S. small businesses as it goes global
▼ + stars: | 2024-06-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Alibaba.com is a platform run by the Chinese e-commerce company of the same name that focuses on overseas business customers. BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. The platform is part of Alibaba's fast-growing international business, which also sells directly to consumers overseas through sites such as AliExpress. While consumers in China have long enjoyed delivery tracking and favorable return policies, small businesses buying from cross-border e-commerce platforms have not, due to the added complexity of international trade. He noted an increasing trend of fragmentation in supply chains, and said a growing number of local businesses, whether in cosmetics or the autos industry, need to buy globally in order to protect profit margins.

Persons: Alibaba.com, China —, Kuo Zhang Locations: BEIJING, U.S, Europe, China

☆ Stocks making the biggest moves midday: Five Below, Salesforce, Lululemon, Instacart and more
▼ + stars: | 2024-06-06 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

For the current quarter, Five Below said it expects between $830 million and $850 million in revenue, while analysts polled by LSEG expected $883 million. The move was made earlier this week and comes just days after the company reported its first revenue miss since 2006. Lululemon issued weak guidance for the current quarter, but its full-year earnings per share guidance was above expectations. The company recorded earnings of $2.66 per share, which is better than the LSEG consensus estimate of $2.33 in earnings per share. The bank cited its earnings per share potential and discounted valuation as reasons for the call.

Persons: LSEG, ValueAct, Mason Morfit, Lululemon, Sprinklr, Smartsheet, Smucker, Goldman Sachs, —, Samantha Subin, Michelle Fox, Lisa Han, Alex Harring Organizations: LSEG, Revenue, Old Dominion, Fluence Energy, Guggenheim, Ultragenyx Pharmaceutical, JPMorgan

☆ EV slump, Hertz fire sale take used Teslas to 'no haggle' $25,000 price
▼ + stars: | 2024-06-06 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Also, some used EVs are eligible for up to $4,000 in federal tax credits , and several states offer tax credits or rebates. Although as with buying any used car — from manufacturers and independent dealers, online marketplaces or private owners — there are pros and cons. The Hertz Car Sales website "Shop EVs" button recently listed 1,475 of the 1,638 used EVs listed as "Hertz Certified." A March study by automotive research firm iSeeCars found that the average used car price was down 3.6% from last year, though used EV prices had plummeted 31.8%, equating to $14,418 in value. A follow-up question — "Can you tell me about 2022 Tesla Model 3s being sold by Hertz Car Sales?"

Persons: Hertz, —, iSeeCars, Elon, Karl Brauer, Brauer, Yossi Levi, Guy, Tesla, Carvana, Edmunds, ChatGPT, Hertz's, Matt Quinn, CarGurus, Eugene Park Organizations: Hertz, EV, Hertz Global Holdings, U.S, Bolts, Car, Hertz Tesla, Tesla, ChatGPT, Hertz Car Locations: U.S, Massachusetts, Colorado, Edmunds, CarGurus

☆ London Hospitals Face Major Disruptions After Cyberattack
▼ + stars: | 2024-06-05 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

Several major hospitals in London have been crippled by a cyberattack, Britain’s National Health Service said, causing surgical procedures to be canceled, disrupting blood transfusions and forcing patients to be diverted. A ransomware cyberattack on Synnovis, an organization that manages blood transfusions and other services, on Monday had significantly disrupted the delivery of services at King’s College and Guy’s and St. Thomas’ hospital trusts, which run several major hospitals. The attack has also caused disruptions to primary care offices in southeast London. Mark Dollar, the chief executive of Synnovis, said on Tuesday that the company was working to understand the impact of the attack on its pathology services and to minimize disruption. “It is still early days and we are trying to understand exactly what has happened,” he said in a statement.

Persons: Thomas ’, Mark Dollar, ” Organizations: National Health Service, King’s College, Guy’s Locations: London, St

☆ I'm always trying to save money, and I found a strategy that doesn't cost me joy
▼ + stars: | 2024-06-05 | by ( Jennifer Streaks | ) www.businessinsider.com time to read: +4 min

I've decided to buy only things that are on sale this year, and it's saving me money. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Many people are looking for long-term ways to save money and increase their financial stability. I've been reviewing how I spend money and looking for ways to save or spend smarter. You could stop spending entirely — no movies, meals out, or new clothes — and upend your life to save money.

Persons: I've, —, Gary Pilnick, Kellogg, that's, I'm, haven't Organizations: Service, Costco

☆ How the super rich ship their cars
▼ + stars: | 2024-06-05 | by ( Simon Usborne | ) edition.cnn.com time to read: +6 min

Hallworth's business, Dan Car Logistics, ships more than 100 flash cars a year. If anything, he says, the flow of wheels has reversed; he’s often transporting cars from London to Dubai for people travelling or doing business there. December was the busiest month, and the biggest destinations for cars leaving the UAE were Frankfurt, Zurich and Chicago. Some of Hallworth's clients have been put off storing cars in cities like London. “We always want the owner’s ID, the registration documents of the cars and to get a feel of the customer,” he says.

Persons: Naran, ”, Daniel Hallworth “, he’s, “, ” Dan Hallworth, Daniel Hallworth Hallworth, Hallworth, ” Mercedes, Chiron, Daniel Hallworth, “ I’ve, “ It’s, I’m Organizations: CNN, Porsche Carrera GT, Private Jets, Porsche, London Volkswagen, Dan Car Logistics, Cape Town, Samsung TV, Nissan, Bugatti, London . Newspapers, Police, Etihad Cargo, UAE, Daniel Hallworth Etihad Locations: Zimbabwe, Dubai, London, Los Angeles and New York, Emirates, hatchbacks, Cape, Manchester, England, East, Harrods, Los Angeles, Marbella, Spain, Qatari, Heathrow, Abu Dhabi, Frankfurt, Zurich, Chicago

☆ Cramer says HP Enterprise is in the 'promised land,' predicts this cyber stock will set a new high
▼ + stars: | 2024-06-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "Remarkable quarter," Jim Cramer said, adding: "I think the stock can take out its high" of roughly $351 a share set in May. The CNBC Investing Club owns cybersecurity rival Palo Alto Networks . They will integrate Nvidia into your company, and that is, of course, the promised land," Cramer said. Dollar Tree : Shares dropped more than 4% after the retailer reported earnings and confirmed it's exploring options of its Family Dollar brand of stores.

Persons: Jim Cramer's, Jim Cramer, Cramer, Campbell, Gordon Haskett Organizations: CNBC, Club, CrowdStrike's, CNBC Investing Club, Palo Alto Networks, Hewlett Packard Enterprise, Nvidia

☆ 'Boy Meets World' actor Trina McGee is pregnant at 54. More women are having children at the age when menopause can happen.
▼ + stars: | 2024-06-05 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewActor Trina McGee has announced she is pregnant at the age of 54, as part of a growing trend of women having children at a time more often associated with menopause. McGee, who played Angela Moore on the popular 1990s sitcom "Boy Meets World," announced on Monday that she is expecting her fourth child. She wrote on Instagram: "At the tender age of 54, I have found myself pregnant. She said she fell pregnant despite having had her "tubes tied" and being a year into menopause. "Having a child at my age is not a big deal for the rest of the world outside America," she said.

Persons: —, Trina McGee, McGee, Angela Moore, Marcello Thedford, Courtland Davis, they're, Dr, Alan Decherney, Sophie King, King, Naomi Campbell, Cameron Diaz Organizations: Service, Business, National Center for Health Statistics, University College London, National Center, Integrative, People, National Institutes of Health Locations: Belize, America, Health

☆ Tesla's ex-AI chief says it makes perfect sense for Elon Musk to divert Nvidia chips from Tesla to X
▼ + stars: | 2024-06-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Elon Musk has been criticized for his decision to redirect Tesla's Nvidia chips to X. But Tesla's former head of AI infrastructure, Tim Zaman has come forward to defend Musk's decision. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDiverting Tesla's AI chips to X made sense given the logistics that come with assembling a supercomputer, the automaker's former head of AI infrastructure said on Tuesday. "The practicalities of building a supercomputer are insane once you get down to it," Tim Zaman wrote in an X post.

Persons: Elon Musk, Tim Zaman, Zaman, — Organizations: Service

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ Amazon Prime members now get Grubhub+ for free: Here's how to sign up
▼ + stars: | 2024-06-04 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

If you're an Amazon Prime subscriber, food delivery just got a little bit cheaper. The e-tail giant last week announced a new addition to the list of perks that come with its $139 annual membership. In addition to free two-day shipping and access to the Prime Video catalog, subscribers now get free access to Grubhub+. It includes a number of benefits, including lower service fees, 5% credit on pickup orders and $0 delivery fees on orders over $12. Both Prime and non-Prime members will also be able to place Grubhub orders directly on the Amazon app.

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