Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Inițiative"


25 mentions found


The week before, Broadcom had allegedly disappointed, causing Nvidia , the inevitable key to this market, to continue its descent. Which brings me back to the initial concept of the big declining week followed by the big advancing week. A good week for Kamala Harris turns out to be a big week for Nextracker — and that's really it for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Persons: Larry Ellison, Ellison, Cerner, Ellison's, Eaton, Jensen, Bing, Microsoft's Bing, underinvesting, Huang, Blackwell, Dupont, Kamala Harris, Nextracker, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nasdaq, Federal, Broadcom, Nvidia, Oracle, Marvell, Meta, Microsoft, Google, mightily, Street, Fed, Dreamforce, downer, Adobe, JPMorgan, Healthcare, pharma, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, San Francisco
“My father, who had experience in the food industry, told me at first to do something else. He said it’s too hard, it’s too much work, too many hours,” Pulido told NBC News. Since then, Pulido has expanded her dining area and her kitchen, she told NBC News. “The week that I was sworn in was the week that I delivered my last baby,” she told NBC News. This year, she was recognized with the 2024 Latino Spirit Award from the California Latino Legislative Caucus for her achievement in public service and health.
Persons: Kenny Luna, Luna, “ campo, Scott Hattis, Hattis, Dominican —, Yadi Garcia, ” Luna, , , Loisa, Ana Liz Pulido, , Oscar ”, Beard, Ana Liz Taqueria, she’s, ” Pulido, Pulido, Dr, Diana E, Ramos, California’s, ” Ramos, ” Dr, Nadine Burke, Kimberly White, California Cristina Rivera Garza, Cristina Rivera Garza, “ Liliana’s, Rivera Garza —, MacArthur, Rivera Garza Organizations: Dominican dad’s New, Dominican, New York, NBC News, Mexican, NBC, OB, California Latino Legislative Caucus, Latina, South Central, Justice, University of Houston, U.S Locations: Dominican dad’s New York City, , Dominican, Caribbean, New, Side, Puerto Rican, U.S, Texas, Mexican American, Mission , Texas, Mission, California, South, South Central Los Angeles, Sacramento, Mexican, Mexico
Eight states will have constitutional amendments backed by Republican lawmakers on the November ballot designed to make clear that only American citizens can vote in elections in those states. But it’s already illegal for noncitizens to vote in elections in those states and at the federal level, and it rarely happens. Trump, the GOP presidential nominee, has long made false claims that noncitizens are voting in elections and that Democrats have helped them enter the country to cast those ballots. No state constitution in the U.S. allows noncitizens to vote. While Americans for Citizen Voting said it has no formal or informal relationship with the Trump campaign or the RNC, its chairman, Paul Jacob, said at a recent press conference that he hopes the ballot measures will help improve voter turnout.
Persons: it’s, stoke people’s, Donald Trump, , Jonathan Diaz, Mike Johnson, noncitizens, , Sen, Julian Bradley, Bradley, Brad Overcash, ” Jack Tomczak, , “ It’s, Brad Raffensperger, Diaz, Bree Grossi Wilde, Trump, ” Diaz, Grossi Wilde, Paul Jacob, ” Jacob Organizations: Republican, noncitizens, Trump, GOP, Republican National, D.C, United, Lawmakers, , ” Wisconsin Republican, Citizen, ” North, ” North Carolina Republican, stoke, Democracy Research, University of Wisconsin Law, RNC Locations: Idaho , Iowa , Kentucky , Missouri, North Carolina , Oklahoma, South Carolina, Wisconsin, U.S, Washington, Iowa , Missouri, Idaho, Kentucky, United States, ” Wisconsin, ” North Carolina, Georgia, North Carolina
Abortion rights opponents had argued in a pair of lawsuits that the amendment to expand abortion rights violated a state rule that says a ballot proposal must only address one subject. Matt Heffron, a senior counsel for a firm that argued against allowing the abortion rights initiative to stay on the ballot, slammed the high court's ruling. Colorado, New York and Maryland are the liberal-leaning states with abortion ballot measures. Arizona and Nevada — two key battleground states in the presidential election — also have abortion ballot initiatives. That same year, Kansas voters cast ballots against a proposed amendment which would have removed language guaranteeing abortion rights in the state.
Persons: , Matt Heffron, Heffron, Allie Berry, Berry, Organizations: Nebraska Supreme, Thomas More Society, American Civil Liberties Union Locations: Nebraska, state’s, Chicago, Nebraska’s, ” Nebraska, Montana , South Dakota , Missouri, Florida . Colorado , New York, Maryland, Arizona, Nevada, Ohio , Kansas, Kentucky, Ohio, state's, Kansas
Washington CNN —A social media account run by Vice President Kamala Harris’ campaign has been repeatedly deceptive. But the account, which the Harris campaign calls its “official rapid response page,” has itself made inaccurate comments on multiple occasions. The Harris campaign declined to comment on this @KamalaHQ post. The Harris campaign defended this @KamalaHQ post by arguing that “Trump’s entire platform is about embracing ‘tough’ policy of the past” on various subjects. The very next day, the Harris campaign used the @KamalaHQ account to tout her own popularity among chief executives.
Persons: Kamala Harris ’, Donald Trump, Harris, Trump, , “ Trump, “ Donald Trump, Kamala Harris, , , Charlottesville counterprotester Heather Heyer, David Muir, Muir, Sean Hannity, Laura Ingraham, Jesse, Watters, Greg Gutfeld —, Vance, Sen, JD Vance, Trump’s, Barack Obama, it’s, doesn’t, you’ll, “ Vance, William Martin, Martin, Vance “, JD Vance ”, Sally Smith, “ Smith, , Jack Posobiec, Posobiec Organizations: Washington CNN, Trump, ABC News, Fox News, , Department of Veterans Affairs, Marine Corps, of Veterans Affairs, Heritage Foundation, Republican, Social Security, of New, International Association of Fire Fighters, “ Trump, Trump loyalists Locations: Wilkes, Barre , Pennsylvania, North Carolina, Pennsylvania, ‘ Pennsylvania, Arizona, Tucson, Charlottesville, California, Your, of New York, America,
CNN —At least eight people have died after some of the heaviest rain in years hit central and eastern Europe, causing flooding and widespread disruption. Rescuers have been working hard to rescue hundreds of people left stranded by heavy rainfall there. Garages and a house flooded in the town of Kłodzko, in Poland's southwest, Sunday, Sept. 15, 2024, after days of unusually heavy rain. Krzysztof Zatycki/APRising water along the Wien River during heavy rain on September 15, 2024, in Vienna, Austria. Many municipalities in Lower Austria have declared a state of emergency as heavy rainfall continued into Sunday.
Persons: Boris, Prudnicka, Cătălin Predoiu, Predoiu, Sofia Basalic, , Gica Stan, Storm Boris, Krzysztof Zatycki, Christian Bruna, Donald Tusk, Tusk, Petr Pavel, Vlček, Miroslav Binar, Gabriel Kuchta, Tomas Benedikovic, Sergei Gapon, Ursula von der Leyen Organizations: CNN, Residents, AFP, Storm, Poland’s, , European Union, CNN Prima, Fire, Getty, European Commission Locations: Europe, Vienna, Bratislava, Prague, Poland, Germany, Czech Republic, Austria, Slovakia, Klodzko county, Moszczanka, Romania, Galati, Kłodzko, Poland's, Sunday, Wien, Klodzko, Klodzko County, Czech, , Krnov, Jesenik, AFP, Glucholazy, Benešově nad Černou, Saxony, Lower Austria
Bank of America highlighted a host of stocks that are worth snapping up — including a few names benefiting from the artificial intelligence and data center revolution. Johnson Controls "Best-in-class data center assets and change is coming. … Leading position in data centers JCI is on track to generate ~$4bn from data centers, or ~14% of revenue in FY24E. JCI's data center exposure compares to Trane Technologies' ~4% and Carrier's ~3%, by our estimate. … We rate Broadcom Buy due to its high-quality diversified exposure to secular product cycles in the smartphone, cloud data center, telecom and enterprise storage markets."
Persons: Alexander Waters, Waters, Dycom, Johnson, it's, Andrew Obin, Obin, George Oliver, Vivek Arya, Arya's, Arya Organizations: America, CNBC, Bank of, National Grid, Broadcom, Nvidia, Johnson, Dycom Industries, government's Broadband Equity, Dycom, JCI, Johnson Controls, VMware, Industries, Trane Technologies Locations: FY24E
But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.
Persons: , Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America
Asian American groups are sounding the alarm after the House this week passed a bill seeking to revive the highly controversial, Trump-era surveillance program the China Initiative. “Originally a Trump-era initiative sold as a national security measure, the China Initiative instead turned out to be a witch hunt,” leaders from civil rights groups Asian Americans Advancing Justice | AAJC, Stop AAPI Hate, and the Asian American Scholar Forum said in a joint statement. The groups added that the initiative devastated families and impeded the United States’ ability to retain and attract academic talent. Asian American advocacy groups have long been warning of the security program’s “chilling” effects. He said that he “concluded that this initiative is not the right approach.”For more from NBC Asian America, sign up for our weekly newsletter.
Persons: Lance Gooden, , Mike Johnson, Jeff Sessions, Gang Chen, Chen, ” Chen, , Anming Hu, University of Tennessee —, China Initiative —, ” Hu, Biden, Matthew Olsen Organizations: China Initiative, Lawmakers, Trump, Justice, American, Forum, NBC News, Chinese Communist Party, , MIT, U.S . Capitol, Nanotechnology, University of Tennessee, White, of Justice, George Mason University, National Security Division, DOJ, NBC Asian Locations: China, U.S, States, Texas, NBC Asian America
How oil-rich Arkansas became a hotbed of lithium mining
  + stars: | 2024-09-13 | by ( Lisa Setyon | In | ) www.cnbc.com   time to read: +3 min
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil , Albemarle, and Standard Lithium make significant investments in the state. While most of the world's lithium still comes from countries like Australia, Chile and China, Arkansas could change that. Standard Lithium, which has operated in Arkansas since 2020, is also expanding its Direct Lithium Extraction (DLE) facility in El Dorado, thanks to a $100 million investment from Koch Strategic Platforms. Still, companies like Albemarle and Standard Lithium told CNBC they remain optimistic about Arkansas' potential to become a key player in the global lithium market. "The United States has to step up," said Robert Mintak, CEO of Standard Lithium.
Persons: Wesley Hamilton, Shon Hiatt, Robert Mintak, We've Organizations: United States Geological Survey, Energy, Exxon Mobil, Koch, Business, University of Southern, Atlantic Council, CNBC Locations: U.S, Arkansas, Albemarle, Australia, Chile, China , Arkansas, El Dorado, University of Southern California, China, United States
The White House wrote that image-based sexual abuse “has skyrocketed,” disproportionately affecting women, children and LGBTQ people. More nonconsensual sexually explicit deepfake videos were uploaded online in 2023 than all previous years combined. Franks said that while the voluntary efforts the White House highlighted are welcome, she does not see them as a substitute for legislation. Still, he said, the Biden administration’s and Vice President Kamala Harris’ focus on gender violence, online harassment and image-based sexual abuse was “transformative” compared with the work of previous administrations and the impact it has on victims and their advocates. On Google’s search engine and Microsoft’s Bing, NBC News previously found that nonconsensual sexually explicit deepfakes were available at the top of some search results.
Persons: , deepfakes, , Mary Anne Franks, “ It’s, Franks, Biden administration’s, Kamala Harris ’, Microsoft’s Bing, Alexandra Reeve Givens Organizations: White House, ” Tech, Meta, Microsoft, Group, Center for Democracy and Technology, Civil Rights Initiative, National Network, Civil, Initiative, Communications, Google, NBC News, NBC, Facebook
The Summary Boeing officials have made few public comments about the company's Starliner spacecraft over the last six weeks. Just over an hour after Boeing’s Starliner capsule made its uncrewed return to Earth, NASA convened a standard post-landing briefing to discuss the end of the tumultuous test flight. The capsule’s first crewed test flight, the mission was expected to last around eight days. The pair is scheduled to stay at the space station until February then return with members of an upcoming ISS crew. In 2019, an uncrewed test flight to the space station was cut short because of technical glitches and the company was forced to repeat it in 2022.
Persons: Eric Berger, Joel Montalbano, , Mark Nappi, , NASA’s, Starliner, Butch Wilmore, Suni Williams, Wilmore, Williams, Boeing’s Organizations: Boeing, NASA, Space Center, Ars Technica, NBC, NASA’s Kennedy Space Center, International Space Station, Agency, SpaceX, ISS, Crew Locations: Houston, Florida
Meta is teaming up with Snapchat and TikTok as part of a new initiative to prevent content featuring suicide or self-harm from spreading across the social media platforms, Meta said Thursday in a blog post. Under Thrive, Meta will identify content that features suicidal themes or self-harm and flag that content to TikTok and Snapchat so they can also investigate if the same or similar content has been posted to those apps. When content featuring suicide or self-harm is identified on a Meta platform, it will be assigned a number known as a “hash,” according to the spokesperson. Social media platforms, including Meta, TikTok and Snapchat, have long been criticized for not doing more to moderate content that teens consume, including video and images of self-harm. In its blog post Thursday, Meta said that it removed 12 million pieces of content featuring suicide and self-harm from Facebook and Instagram from April to June.
Persons: Meta, ” Antigone Davis, Organizations: Meta, Mental Health Coalition, Tech, Apple, Google, National Library of Medicine, Facebook
Online platforms reflect a growing demand for menopause care like hormone-replacement therapy. These studies aim to develop a better understanding of women's menopause symptoms like depression, insomnia, and hot flashes, with the goal of developing more helpful treatments. To further address the need for perimenopause and menopause research and medical care, Congress introduced in May the bipartisan Advancing Menopause Care and Mid-Life Women's Health Act. After roughly a year of treatment for her menopause symptoms, Miller is flourishing. "I'm getting my doctorate in higher educational administration, and I would have never been able to navigate such an enormous responsibility without menopause care," Miller said.
Persons: , Jodi Miller, Miller, Dr, Mary Jane Minkin, Minkin, Neel Shah, Shah, palpitations, Joanna Strober, Midi, Strober, it's, Joe Biden, I'm Organizations: Healthcare, Service, OB, Yale School of Medicine, Health, View Research, Maven Clinic, Health's, women's, National Institutes of Health, Health Initiative, Education, Labor, Pensions, US Locations: Rochester , New York, midlife, India
CNN —House Republicans are flirting with the idea of forcing a government shutdown over the issue of noncitizens voting in US elections. “We have a number of states who have done audits of their voter rolls and found thousands of noncitizens on their voter rolls. Johnson also later referenced Texas as a state where undocumented immigrants have tried to register to vote. “There are a number of states who have shown they have noncitizens on their voter rolls. In 2019, a review of voter rolls in the state seemed to suggest 95,000 noncitizens were on the rolls.
Persons: Mike Johnson —, Donald Trump, ” Johnson didn’t, ” Johnson, CNN’s Jake Tapper, Johnson, , Critics, it’s, ” David Becker, Greg Abbott, Brandon Bell, Jane Nelson, ” Becker, Frank LaRose, , ” LaRose, Adrian Fontes, ” Fontes, LaRose, Brad Raffensperger, Organizations: CNN — House Republicans, Republicans, SAVE, noncitizens, Department of Motor Vehicles, Center, Election Innovation, Research, CNN, Texas Gov, Republican, Texas Tribune, Austin Public Library, Texas, Texans, Capitol, Pennsylvania, Associated Press, Heritage Foundation Locations: Pennsylvania, Ohio, Georgia, Texas, That’s, Austin , Texas, United States of America, Philadelphia, Kansas
San Salvador, El Salvador CNN —For decades, life choices were bleak for many in El Salvador: Leave or die. El Salvador, once synonymous with violence and waves of emigration, saw a dramatic drop in crime. We are not stupid.”Villatoro’s words echo the brutal reality El Salvador has faced for years. Unlike in places like Cuba or China, where residents can seem nervous to criticize repressive regimes, in El Salvador the optimism appears real. Evelio Contreras/CNNTeresa Lilian Gutierrez is caught in the middle, and her experience shows the many complexities of life in El Salvador today.
Persons: Nayib Bukele, Victor Bolaños, Blanca, , ” Victor, ” Blanca, Evelio Contreras, Bukele, Victor, Diego Morales, , El, ” Diego, Salvadorans, Diego, Jairo, “ We’ve, … it’s, ” Jairo, , El Salvador, , Cecot, Gustavo Villatoro, they’ll, Bukele’s, Donald Trump, ” Trump, ” Villatoro, Juan Carlos Cornejo, Juan Carlos, Socorro Jurídico, Juan Carlos ’, Critics, CNN Teresa Lilian Gutierrez, San Salvador . “, “ He’s, , they’re, René Merino, Merino, Blanca Bolaños Organizations: San Salvador , El, San Salvador , El Salvador CNN —, New, New York City, CNN, El, Central, Rights Watch, Northern, Customs, Border Protection, World Bank, Houston, La Libertad, Barrio, El Salvador Presidency Central, , Republican National Convention, Salvadoran, Officials Locations: San Salvador ,, San Salvador , El Salvador, El Salvador, New York, Denver, San Salvador, Central American, Central America, Honduras, Guatemala, El, Houston, Florida, Austin, Hawaii, Tamanique, Salvadoran, United States of America, Santa Ana, , Socorro, Cuba, China, La Campanera, San Salvador ., Mariona, America, Bukele
She also traveled the world for two years and learned to make money without a day job. AdvertisementShortly after returning from Europe, Tseung began investing and using her skills to build multiple sources of passive income. She now teaches others how to manage their finances, invest, and build passive income through on her blog and her accounts on YouTube, TikTok, and Instagram. This book taught her to make money work for her instead of working for money. For me, it's to continue being impactful and building my brand, teaching people how to build passive income and become financially free.
Persons: Sharon Tseung didn't, , Sharon Tseung, Tseung, doesn't, Timothy Ferriss, Rich Dad, Robert T, it's Organizations: Service, University of California, Business, YouTube Locations: Berkeley, Europe
The company is turning to Commerce Secretary Gina Raimondo for help. In a recent meeting with Raimondo, Intel CEO Pat Gelsinger voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing , the world's largest contract chipmaker. Intel is currently building out plants in four U.S. states as it seeks to become more of a foundry business, manufacturing chips for other suppliers. It's an increasingly important initiative for Intel, which is getting trounced in the market for microprocessors. Concerns have been rising for years that China could invade Taiwan, creating a massive risk for the U.S. chip industry.
Persons: Gina Raimondo, Joe Biden, Raimondo, Pat Gelsinger, chipmaker, Biden, It's, David Zinsner, Zinsner, Jensen Huang, Goldman Sachs, Huang, David Solomon Organizations: Semiconductors, America, White, Intel, U.S, Taiwan Semiconductor Manufacturing, Nvidia, Apple, CNBC disbursements, Devices, U.S . Commerce Department, AMD, Google, Broadcom Locations: U.S, Taiwan, Arizona, China
Still, morale may be Ukraine’s only hope in Pokrovsk as Russian forces zero in on the town. Russian forces are only 8 kilometers (5 miles) away, according to a map dated September 10 from DeepState, a group that monitors the progress of Russian forces in Ukraine that has links to Ukraine’s security services. Pokrovsk is coming under increasingly heavy bombardment by Russian forces as they advance as close as 8km to the town. CNNPokrovsk is a vital supply town for eastern Ukrainian forces fighting back the tides of Russian soldiers. It could result in a withdrawal of Ukrainian forces from Chasiv Yar and the line of contact moving closer to the much larger cities of Kramatorsk and Sloviansk.
Persons: Vitaly, Vitaly mumbles, , , He’s, Vladimir Putin’s, he’d, Oleksandr, ” Oleksandr, they’d, CNN Pokrovsk, Putin, Chasiv Yar Organizations: CNN, 59th Brigade, Ukrainian Armed Forces, Infantry, Convicts Locations: Ukraine, Pokrovsk, Russian, Kursk, DeepState, Donetsk, Kramatorsk
Read previewThe UK donated military equipment to Ukraine that was so old it would have been thrown away, according to a new report from the National Audit Office (NAO) published on Wednesday. For example, in March 2022, the UK donated 17,010 pairs of unused army boots that were "nearing the end of their usable life," the report said. It comes against a backdrop of criticism over Western-supplied military equipment to Ukraine. Related storiesUkraine has been receiving military aid from its allies throughout Russia's full-scale invasion, which started in February 2022 . In July, the global military alliance NATO pledged to continue supporting Ukraine with the NATO Security Assistance and Training for Ukraine, or NSATU, a new initiative to coordinate the supply of military aid and training.
Persons: , NAO, Gareth Davies Organizations: Service, National Audit, UK's Ministry of Defence, Business, MoD, Financial Times, Politico, Russia, NATO, Assistance, Training, Ministry of Defence Locations: Ukraine, Germany, Russia's, Netherlands, Canada, Sweden, Finland, Norway, Denmark, Estonia, Lithuania, New Zealand, Romania, Kosovo, Australia, Ukrainian
The Missouri Supreme Court ruled Tuesday that an amendment that would enshrine abortion access in the state's constitution can appear on the general election ballot. A majority of the state Supreme Court said that a previous judgment by a circuit court is reversed, directing Missouri Secretary of State John Ashcroft to inform local election officials to place Amendment 3 on the state's Nov. 5 ballot. "The Missouri Supreme Court’s ruling ensures that Amendment 3, the Right to Reproductive Freedom Initiative, will appear on the November ballot, giving voters—not politicians—the power to decide on this critical issue. Missouri is one of 10 states that will have an abortion-rights amendment on the ballot this year. In that ruling, Limbaugh stopped short of removing the measure from the ballot, providing the campaign the opportunity instead to appeal to the state Supreme Court before a Tuesday deadline.
Persons: State John Ashcroft, , Rachel Sweet, , Freedom, Ashcroft, Christopher Limbaugh, Limbaugh, Mary Russell Organizations: Missouri Supreme, State, Initiative Locations: Missouri, Cole
Colorado wildlife officials said Monday that they captured and plan to relocate five members of the first pack of wolves to form under the state’s ambitious wolf reintroduction program. That wolf had been involved in repeated attacks on livestock and officials said it would have been kept in captivity if it survived. The pack formed after 10 of the predators from Oregon were released in December over bitter opposition from livestock groups. Ranching groups wanted the wolf pack killed. They said relocating pups risks their survival and wanted more done to keep the pack from killing livestock, such as using electric fencing that can better deter attacks.
Persons: , Jeff Davis, Tim Ritschard, , ” Ritschard, Michael Saul, ” Saul, “ CPW, Organizations: Colorado Parks and Wildlife, Stockgrowers Association, Colorado Parks and, Wildlife, of Wildlife Locations: Colorado, Oregon, Grant County, Rocky, Wyoming
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy, migration, foreign policy to dominate the upcoming U.S. presidential debate, analyst saysLuka Ignac, assistant director at the Transatlantic Security Initiative at the Atlantic Council, discusses the upcoming U.S. presidential debate between Kamala Harris and Donald Trump.
Persons: Luka Ignac, Kamala Harris, Donald Trump Organizations: Transatlantic Security, Atlantic Council
How Europe fell behindThe US and China have outpaced the EU on innovation. One of its biggest tech companies, Dutch semiconductor firm ASML, was founded 40 years ago. Europe's strategy to close the innovation gapMario Draghi thinks the EU should focus its attentions on AI. REUTERS/Yves HermanDespite its weaker position relative to the US and China, Draghi thinks the EU can devise a plan to close the innovation gap. Beyond AI, Draghi points to other measures to close the innovation gap, such as reforms to policies that he thinks hinder innovation, as well as addressing big funding issues.
Persons: , Mario Draghi, Draghi, European Central Bank —, Pedro Pardo, There's, Yves Herman, Musk, Mario Organizations: Service, Union, European Central Bank, Business, AFP, EU, Novo Nordisk, REUTERS, Tiger Global, Elon Musk Locations: Europe, China, EU, Silicon
Edgar Su | ReutersBEIJING — European businesses in China have grown so discouraged with the outlook for operating in the country that Beijing must act if the companies are to invest further, according to the EU Chamber of Commerce in China. "We do believe actually that we are in sort of a tipping point situation. Foreign direct investment into China fell by 29.6% during the January to July period versus a year ago, according to China's Ministry of Commerce. Such changes are part of Beijing's pledges to reduce what it calls the negative list, a collection of industries off-limits to foreign businesses in the country. However, Eskelund said such developments, while encouraging, did not move the needle enough for European businesses, especially when members' optimism on profitability in China for the next two years is at an all-time low.
Persons: Edgar Su, Jens Eskelund, Eskelund Organizations: of, Initiative, Reuters, EU Chamber of Commerce, China's Ministry of Commerce Locations: Beijing, China, Reuters BEIJING, Growth
Total: 25