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☆ Hurricane Beryl roars toward Jamaica after killing at least 6 people in the southeast Caribbean
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +1 min

A boy clears rock from the street as it gets flooded after the hurricane Beryl passes in the parish of Saint James, Barbados, near to Bridgetown, Barbados on July 1, 2024. Hurricane Beryl was roaring toward Jamaica on Wednesday, with islanders scrambling to make preparations after the powerful Category 4 storm earlier killed at least six people and caused significant damage in the southeast Caribbean. A hurricane warning was in effect for Jamaica, Grand Cayman, Little Cayman and Cayman Brac. Late Monday, Beryl became the earliest storm to develop into a Category 5 hurricane in the Atlantic and peaked at winds of 165 mph (270 kph) Tuesday before weakening to a still-destructive Category 4. It had maximum sustained winds of 145 mph (230 kph) and was moving west-northwest at 20 mph (31 kph), the center said.

Persons: Hurricane Beryl, Beryl Organizations: Grand Cayman, Cayman Brac, U.S, National Hurricane Center Locations: Saint James, Barbados, Bridgetown, Jamaica, Kingston, Grand, Little Cayman, Cayman Islands, Yucatan, Belize, Mexico, Belize City

☆ See the devastation left by Hurricane Beryl in Barbados and Grenada
▼ + stars: | 2024-07-02 | by ( Jocelyn Contreras | ) edition.cnn.com time to read: 1 min

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☆ U.S. crude oil pulls back from two-month high as traders assess Israel-Hezbollah, Hurricane Beryl risks
▼ + stars: | 2024-07-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

An oil pump jack is shown in a field in Stanton, Texas, on June 27, 2024. U.S. crude oil pulled back from a two-month high Tuesday, as traders assessed the risk of war between Israel and Hezbollah, while monitoring the potential threat of Hurricane Beryl to Gulf Coast refineries. Oil has rallied in recent days with gasoline prices have hit an average of $3.50 per gallon ahead of the Fourth of July holiday, according to the motorist association AAA. Prices at the pump are about 3 cents higher than last week but still lower than last month. Oil prices gained 6% last month after sagging in May as geopolitical risk entered the market again.

Persons: Hurricane, Brent, Patrick De Haan, Andy Lipow Organizations: Oil, AAA, West Texas, Lipow Oil Associates, Hezbollah, Israel Defense Forces Locations: Stanton , Texas, Israel, Gulf Coast, Iran

☆ Biden digs his heels in while Trump secures another win
▼ + stars: | 2024-07-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at President Joe Biden showing no signs of giving up his reelection campaign while former President Donald Trump secured a win from the Supreme Court . AdvertisementBiden's campaign has been in full-blown crisis mode after the president's disastrous debate against former President Donald Trump last week. AdvertisementMeanwhile, Trump secured a big win in his immunity case . The Supreme Court ruled that former presidents don't get absolute immunity from criminal charges related to actions under the scope of the presidency, but they do get some. 3 things in techStefani Reynolds/BloombergBig Tech gets a big win from the Supreme Court.

Persons: —, Joe Biden, Donald Trump, he's, Biden, Allison Joyce, Getty, Tyler Le, he'd, it'd, John L, Dorman, Biden's, Manuel Balce Ceneta, Jacquelyn Martin, Kamala Harris, Gavin Newsom, Gretchen Whitmer, Harris, isn't, Trump, don't, Justice Sonia Sotomayor, Alyssa Powell, David Kelly, Jonathan Xiong, Blackstone, Keith Lerner, Truist, Stefani Reynolds, OpenAI, It's, Gen Zers, Kevin Costner's, Kevin Costner, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Michelin, Business, The New York Times, Biden, Democrats, Trump, Justice, Getty, Citadel, Bloomberg Big Tech, ChatGPT, Atlantic Locations: Manhattan, Asia, Millennium, New York, London

CNN —India’s T20 World Cup-winning cricket team will finally be able to fly home Tuesday after being stuck in Barbados due to Hurricane Beryl, a powerful storm churning through the Caribbean. CNN has reached out to India’s Board of Control for Cricket for comment. The hurricane made landfall on Grenada’s Carriacou Island in the Caribbean Sea on Monday morning, causing extreme damage and one confirmed death. As of early Tuesday, Hurricane Beryl had winds of 165 miles (265 kilometers) per hour, according to the National Hurricane Center (NHC). India’s T20 World Cup victory – its first since winning the inaugural 2007 edition – sparked emotional celebrations after a year of heartbreak for many of its players, who lost to Australia in the finals of both the ODI Cricket World Cup and World Test Championship.

Persons: CNN —, Mia Mottley, Vincent, Hurricane Beryl, It’s Organizations: CNN, Caribbean, South, Board of Control, Cricket, National Hurricane Center Locations: Barbados, South Africa, Grenadines, Jamaica, Australia

☆ Oil holds near two-month high on higher demand outlook, possible rate cut
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. interest rate cuts that could boost economic growth. Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. interest rate cuts that could boost economic growth. Gasoline demand in the U.S., the world's biggest oil consumer, is expected to ramp up as the summer travel season picks up with the Independence Day holiday this week. Still, signs of less-than-expected demand growth have limited gains in oil prices. This was mainly because of lower imports into China, the world's biggest oil importer and the second-largest consumer.

Persons: Beryl Organizations: Brent, . West Texas, Independence, American Automobile Association, ANZ, U.S, National Hurricane Center, Federal, Commerce Department Locations: U.S, Mexico's Bay, Campeche, Caribbean, Asia, China

☆ CNBC Daily Open: 'Roaring Kitty' gets chewed up
▼ + stars: | 2024-07-02 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

Traders work on the floor of the New York Stock exchange during morning trading on Nov. 10, 2023 in New York City. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. AI momentumWall Street kicked off the second half of the year with modest gains, propelled by continued strength in megacap stocks. Boeing, Spirit upShares of Boeing and Spirit AeroSystems rose 2.58% and 3.35% respectively after Boeing agreed to buy back fuselage maker Spirit in a $4.7 billion all-stock deal.

Persons: Keith Gill, Gill, Paris . Hurricane Beryl Cruise, Tom Lee, Lee Organizations: New York Stock, CNBC, Dow Jones, Nasdaq, Microsoft's, Paramount, Warner Bros ., Netflix, Securities and Exchange Commission, Wall, Boeing, Airbus, Paris . Hurricane, Norwegian Cruise, Royal Locations: New York City, U.S, Chewy, Belfast , Wichita, North Carolina, Paris ., Grenada, Norwegian, Royal Caribbean, Mt

☆ Hurricane Beryl nears Caribbean as life-threatening Category 3 storm — marking an unusually early start to hurricane season
▼ + stars: | 2024-07-01 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +8 min

CNN —Hurricane Beryl, a powerful Category 3 storm, is expected to slam into the Caribbean on Monday, endangering several island communities with life-threatening storm surge, violent winds and flash flooding. Beryl’s arrival marks an exceptionally early – and likely devastating – start to the Atlantic hurricane season. • Widespread tropical storm advisories: Tropical storm warnings are in effect for Martinique and Trinidad, the National Hurricane Center said. Less severe tropical storm watches are also in place in parts of the Dominican Republic and the southern coast of Haiti. The storm’s rapid intensification is very atypical this early into hurricane season, according to National Hurricane Center Director Mike Brennan.

Persons: Vincent, Beryl, Ivan, Ralph Gonsalves, ”, Mia Amor Mottley, Hurricane, Chandan Khanna, Ramona Archer, Bradshaw, “, General Cecile La, Saint Lucia, Grenada’s Maurice, Lucia’s, George Charles, Chris –, Mike Brennan, Alma, Hurricane Audrey, “ Beryl, ” Brennan, Phil Klotzbach, CNN’s Michael Rios, Marlon Sorto, Sandi Sidhu, Melissa Alonso, Isaac Yee, Brandon Miller Organizations: CNN, Atlantic, Islanders, Local, ”, National Hurricane Center ., Hurrican Center, Barbados, ” Workers, Getty, CBC News, Grenadian, Grenada’s Maurice Bishop International, Grantley Adams International, Lucia’s Hewanorra, George, National Hurricane Center, •, National Hurricane, NOAA, Systems, Colorado State University, Weather Service Locations: Caribbean, Grenada, St, Grenadines, Windward, Saint Vincent, Barbados, Windward Islands, Bridgetown, Lucia, Tobago, •, Saint, Martinique, Trinidad, Dominican Republic, Haiti, Gulf of Mexico, Lesser, Atlantic, El

☆ Why Beryl Is a Bad Sign for This Year’s Hurricane Season
▼ + stars: | 2024-07-01 | by ( Judson Jones | ) www.nytimes.com time to read: +1 min

Hurricane Beryl rapidly intensified from a tropical storm to a Category 4 hurricane in two days as it rushed toward the Caribbean this weekend, increasing its wind speed by 45 miles per hour daily. This quick escalation was a direct result of the above-average sea surface temperatures as well as a harbinger of what is to come this hurricane season. “This early-season storm activity is breaking records that were set in 1933 and 2005, two of the busiest Atlantic hurricane seasons on record,” said Philip Klotzbach, an expert in seasonal hurricane forecasts at Colorado State University. Last fall, a study in the journal Scientific Reports found that Atlantic hurricanes from 2001 to 2020 were twice as likely to grow from a weak storm into a hurricane of Category 3 or higher within 24 hours than they were from 1971 to 1990. The study added to a growing body of evidence that rapidly developing major hurricanes were becoming more likely.

Persons: ”, Philip Klotzbach Organizations: Colorado State University, Last Locations: Caribbean

☆ Stocks making the biggest moves midday: Chewy, GameStop, Boeing, Norwegian Cruise Line and more
▼ + stars: | 2024-07-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Boeing , Spirit AeroSystems — Boeing on Monday said it would buy back fuselage maker Spirit AeroSystems in a $4.7 billion all-stock deal. Trump Media & Technology Group — Shares of Trump Media & Technology Group rose 3% following a roughly 11% loss during Friday's session. Nio — The Chinese electric vehicle stock rose 6% on Monday after the company said vehicle deliveries rose nearly 100% in June . Tesla — The electric vehicle stock popped 6%. NextEra Energy Partners — The renewable energy stock dropped 5%.

Persons: Keith Gill, Joe Biden, Donald Trump, Birkenstock, Nio, Tesla, Beryl, —, Jesse Pound, Michelle Fox, Alex Harring, Sarah Min, Hakyung Kim Organizations: GameStop, Boeing, Trump Media & Technology, Trump Media & Technology Group, UBS, Point Capital Management, NextEra Energy Partners, Royal Bank of Canada, Cruise, Royal Locations: Point, Grenada, Royal Caribbean

☆ Oil inches higher on summer demand outlook
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: +2 min

That led analysts to forecast supply deficits in the third quarter as transportation and air-conditioning demand during summer draw down fuel stockpiles. WTI's recent rally may extend towards $85 a barrel if prices remain above the 200-day moving average at $79.52, he said. In the U.S., oil production and demand rose to a four-month high in April, according to the Energy Information Administration's (EIA) Petroleum Supply Monthly report published on Friday. Traders are watching out for the impact from hurricanes on oil and gas production and consumption in the Americas. In China, the latest manufacturing data did not bode well for oil demand in the world's no.2 consumer and top crude importer.

Persons: Brent, Tony Sycamore, Hurricane Beryl, Beryl, bode Organizations: Brent, U.S, West Texas, Organization of, Petroleum, U.S . Federal, Hezbollah, Energy, Petroleum Supply, Traders, Atlantic, National Hurricane Center Locations: OPEC, Europe, Israel, U.S, Americas, Windward, China

☆ Hurricane Beryl intensifies into ‘very dangerous’ Category 3 storm as it approaches the Caribbean
▼ + stars: | 2024-06-30 | by ( Dalia Faheid | Sara Tonks | ) edition.cnn.com time to read: +7 min

The National Hurricane Center says Beryl is expected to be an “extremely dangerous” Category 4 hurricane when it reaches the Windward Islands by late Sunday or early Monday. A tropical storm warning has been issued for Martinique, and a tropical storm watch is in effect for Dominica. The first hurricane of the season is unusually earlyBeryl’s rapid intensification is very unusual this early into hurricane season, according to Brennan. If Beryl reaches Category 4 intensity before Thursday, July 4, it would be the earliest recorded Category 4 hurricane in the Atlantic. Cars line up at a gas station Saturday in Bridgetown, Barbados, as hurricane Beryl approaches.

Persons: Beryl, ” Mike Brennan, CNN’s Fredricka Whitfield, Brennan, Vincent, “ Beryl, ” Brennan, “, Wilfred Abrahams, Chandan Khanna, Ralph Gonsalves, ” Gonsalves, Saint Lucia, Philip J, Pierre, Phil Klotzbach, that’s “, ” Organizations: CNN, National Hurricane Center, NHC, National Oceanic, Hurricane Center, NOAA, Home Affairs, Getty, National Disaster Management Agency, Colorado State University, Weather Service Locations: Barbados, Windward, Islands, Windward Islands, Caribbean, St, Lucia, Grenada, Tobago, Martinique, Dominica, Lesser, Atlantic, El, Bridgetown, Grenadines, “ Kingstown, ”, Saint, Pacific

☆ Tropical Storm Beryl expected to become major hurricane by Monday
▼ + stars: | 2024-06-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Tropical Storm Beryl is expected to strengthen and become a "dangerous major hurricane" by Monday, bringing high winds and strong rain to the Caribbean, the National Hurricane Center said on Saturday. The storm, which formed on Friday, is forecast to hit the Windward Islands late Sunday. A hurricane watch is in effect for Barbados, Saint Lucia, Saint Vincent and the Grenadine Islands, and Grenada. Tropical storm watches are in effect for Martinique, Dominica, and Tobago. "Heavy rainfall and localized flooding is expected across the Windward Islands Sunday night and Monday," the National Hurricane Center said in an advisory, projecting rainfall totals of three to six inches.

Persons: Saint Vincent Organizations: National Hurricane Center, NHC Locations: Caribbean, Windward Islands, Barbados, Saint Lucia, Grenada, Martinique, Dominica, Tobago, Windward

☆ Beryl strengthens into a hurricane in the Atlantic, forecast to become a major storm
▼ + stars: | 2024-06-29 | by ( ) www.cnbc.com time to read: +6 min

A major hurricane is considered Category 3 or higher, with winds of at least 111 mph (178 kph). Beryl also is the strongest June tropical storm on record that far east in the tropical Atlantic, according to Klotzbach. Beryl is the second named storm in what is predicted to be a busy hurricane season, from June 1 to November 30 in the Atlantic. He said one was the first hurricane of 1933, the most active hurricane season on record. An average Atlantic hurricane season produces 14 named storms, seven of them hurricanes and three major hurricanes.

Persons: Beryl, Philip Klotzbach, St, Vincent, Michael Lowry, Sabu Best, Tomer Burg, Brian McNoldy, Mia Mottley, Musku, Ralph Gonsalves, Storm Alberto, Lowry, Mark Spence, I'm Organizations: Barbados, Colorado State University, National Hurricane Center, University of Miami, South Africa, Grenadines, Cricket, Atmospheric Administration Locations: Caribbean, Barbados, Lucia, Grenada, St, Grenadines, Martinique, Dominica, Tobago, Florida, Jamaica, Mexico, Miami, India, South, Bridgetown, Pittsburgh, Trinidad and Tobago, Port, Spain, South Florida

☆ Beryl is first hurricane of 2024 Atlantic season
▼ + stars: | 2024-06-28 | by ( Eric Zerkel | Sara Tonks | ) edition.cnn.com time to read: +7 min

CNN —Beryl is the first hurricane of the 2024 Atlantic season, with maximum sustained winds of 75 mph with stronger gusts, according to a 5 p.m. EST update from the National Hurricane Center. That this formed so early in the season – and in this part of the Atlantic – is a sign of the hyperactive hurricane season to come, according to research from Phil Klotzbach, a hurricane expert and research scientist at Colorado State University. Normally, ocean temperatures aren’t warm enough in this region in June and July to help tropical systems thrive. That’s hardly the case this year, and one of the reasons behind record-high hurricane season forecasts over the past few months. Both have low odds of developing over the next week, but given the unusual early season action and favorable ocean temperatures, they will have to be watched closely.

Persons: Beryl, St Lucia, Vincent, Philip Klotzbach, Phil Klotzbach, “ Beryl, ” Dr, Mike Brennan, CNN’s Fredricka Whitfield, ” Brennan, “, ”, El Niño, Wilfred Abrahams, Saint Vincent, Ralph Gonsalves, ” Gonsalves, Saint Lucia, Philip J, Pierre Organizations: CNN, National Hurricane Center, Lesser, St, Colorado State University, National Oceanic, Hurricane Center, NHC, Home Affairs, National Disaster Management Agency Locations: Barbados, Windward, Caribbean, Islands, St, Grenadines, Grenada, Martinique, Tobago, Mexico Gulf, Lesser, El, Mexico, “ Kingstown, ”, Saint

☆ This Trump fundraising email will shock you
▼ + stars: | 2024-05-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

CNN —Followers of former President Donald Trump were meant to be startled when they were sent an email Tuesday, addressed from “President Trump,” with this arresting subject line:“They were authorized to shoot me!”The preview line in the email did not back down. The judge, Beryl Howell, cited the discovery of additional documents with classified markings found in Trump’s Mar-a-Lago bedroom months after the FBI search. Trump is a master sensationalist, so place the email subject line where he says he’s in physical harm within his oeuvre of over-the-top and untrue allegations. How to get people to open fundraising emailsThe email address where I get fundraising pitches from politicians received seven such messages from Trump on Tuesday. Trump’s allegations about the FBI document were not just contained in the fundraising email.

Persons: Donald Trump, “ President Trump, Trump, Trump’s, Tierney Sneed, Katelyn Polantz, Holmes Lybrand, Hannah Rabinowitz, Stephen D’Antuono, “, ” D’Antuono, ” Trump, Beryl Howell, “ I’ve, Rudy Giuliani, Joe Biden, Biden’s, Hunt, Joe Biden’s, JOE BIDEN, Juan Merchan Organizations: CNN, “, DOJ, Mar, Trump, Justice Department, FBI, Secret Service, Capitol, Service, Biden, Joe Biden’s DOJ, FORCE, New Locations: Lago, Washington, Washington ,, Trump’s Mar, Las Vegas, London, Manhattan, Mar, New York

CNN —Months before Donald Trump was indicted for mishandling classified documents, a federal judge said that investigators had “strong evidence” that the former president “intended” to hide classified documents at his Mar-a-Lago resort, according to newly released court documents. Judge Beryl Howell cited, among other things, the discovery of additional classified documents found at Mar-a-Lago months after the FBI’s search of the property in the summer of 2022. The ruling was among hundreds of pages of previously sealed filings that were publicly docketed Tuesday in the criminal classified documents case against Trump. Nauta has been charged alongside Trump and Mar-a-Lago property manager Carlos De Oliveira in the case, facing charges of mishandling sensitive or classified materials and obstruction. The case against Trump, brought last summer, is currently in front of Judge Aileen Cannon in Fort Pierce, Florida.

Persons: Donald Trump, “, Beryl Howell, ” Howell, Walt Nauta, Nauta, Carlos De Oliveira, –, Trump, Aileen Cannon, Cannon, Judge, Evan Corcoran, Howell’s, Corcoran, Howell, Barack Obama, ”, Donald Trump’s Mar, US Department of Justice Corcoran, Trump “ Organizations: CNN, Trump, Prosecutors, Mar, US Department of Justice, National Archives, Lago FBI Locations: Lago, Mar, Fort Pierce , Florida, South Florida, Palm Beach , Florida, Florida, Corcoran

☆ Giuliani agrees to stop spreading 2020 vote-tampering lies about Georgia election workers
▼ + stars: | 2024-05-21 | by ( Katelyn | ) edition.cnn.com time to read: +2 min

CNN —Rudy Giuliani has agreed to never again publicly accuse two Georgia election workers of tampering with votes in the 2020 election, a false accusation that he has repeated frequently and that led to his bankruptcy. With the agreement, Giuliani is forfeiting a yearslong verbal and legal battle he’s waged with the election workers, Ruby Freeman and her daughter, Shaye Moss. “Today ends his efforts to profit off of lies about these two heroes of American democracy,” the workers’ attorney Michael Gottlieb said in a statement. The trial provided a searing glimpse into the harassment election workers suffered while prominent Trump supporters spread lies about the 2020 election. Giuliani is also in Chapter 11 personal bankruptcy, with Freeman, Moss and others pursuing everything he has of value.

Persons: CNN — Rudy Giuliani, Giuliani, he’s, Ruby Freeman, Shaye Moss, Donald Trump, Freeman, Moss, Michael Gottlieb, Beryl Howell Organizations: CNN, Trump, New Locations: Georgia, New York, Arizona, Washington

☆ Scott Perry’s texts reveal details about efforts to overturn Trump’s loss in 2020
▼ + stars: | 2023-11-30 | by ( Katelyn | ) edition.cnn.com time to read: +5 min

I read it just as you dictated,” according to court records. The disclosure of the texts illuminate more of the behind-the-scenes discussions as Trump used powerful allies across the federal government to challenge the 2020 election results. The Washington Post has made public the full court document, and Politico also reported on the text messages. John Rowley, an attorney representing Perry, called the disclosure of the text messages this week “unfortunate.”“The communications reflect his efforts to understand real-time information about the 2020 election. Howell confidentially reviewed more than 2,000 documents Perry had sought to keep from investigators after they seized his cell phone last summer, including the text messages.

Persons: Scott Perry, Donald Trump’s, DOJ’s Jeffrey Clark, Clark, Perry texted Clark, “, ” Perry, Perry, Clark’s, Justice Department official’s, ” Clark, Trump, Mike Pence, Beryl Howell, Howell, John Rowley, ” Rowley, Howell confidentially Organizations: CNN, Justice Department, Trump, DOJ, Republican, DC Circuit, Washington Post, Politico Locations: Michigan, Georgia

☆ Americans broke a record for spending on Black Friday, but it is just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Many are delaying the cost as buy now, pay later programs are expected to have their biggest month ever. Many are paying via "buy now, pay later" platforms such as Klarna or Afterpay, which let shoppers pay in installments every week or month. Buy now, pay later also allows people to borrow less expensively as they get the pricing interest-free if paid off in time. Indeed, the Fed's "2022 Survey of Household Economics and Decisionmaking" found that 83% of respondents paid off their buy now, pay later programs on time. Compounding the problem is that people tend to spend more when using buy now, pay later programs, suggesting an overconfidence in what they can afford.

Persons: —, Salesforce, Beryl Tomay, Klarna, Mark Luschini, Janney Montgomery Scott, Maria Bartiromo, Luschini, Michael Landsberg, Landsberg Bennett, Kraig, Foreman Organizations: Black, Service, Adobe, Mastercard, CNBC, Business, Federal Reserve Bank of Atlanta, Household Economics, Social Science Research Network, Wealth Management Locations: Landsberg

☆ Americans broke a record for spending on Black Friday, but it's just hiding a bigger problem for the economy
▼ + stars: | 2023-11-28 | by ( Cork Gaines | Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

☆ This year's Black Friday was our biggest ever in company history, says Amazon's Beryl Tomay
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis year's Black Friday was our biggest ever in company history, says Amazon's Beryl TomayBeryl Tomay, Amazon VP of last mile delivery and technology, joins 'Squawk Box' to discuss Amazon's Black Friday business this year, how the company the preparing for Cyber Monday and the rest of the holiday shopping season, and more.

Persons: Beryl Tomay Beryl Tomay, Amazon's Organizations: VP

☆ She Messed Up Amazon’s Website. Now She’s One of Its Leaders.
▼ + stars: | 2023-11-17 | by ( Sebastian Herrera | Photographs Chona Kasinger For The Wall Street Journal | ) www.wsj.com time to read: 1 min

In her first year at Amazon .com, Beryl Tomay made a software code change for Amazon’s order-confirmation page that caused it to appear blank for customers for over an hour. Later on, she made a change to the database of the Kindle e-reader that prevented users from signing in or downloading anything. That error was so large that Jeff Bezos, Amazon’s founder, noticed and emailed to ask about the problem. Today, Tomay is in charge of a crucial part of Amazon that is in its busiest period right now: She oversees businesses and technology at the company’s “last mile” delivery unit—the logistics business that gets packages through the final steps on their way to customers’ doorsteps. It’s a chokepoint that will help determine whether Amazon is successful during the make-or-break holiday season.

Persons: Beryl Tomay, Jeff Bezos, ’ Organizations: Amazon Locations: It’s

☆ Governments race to regulate AI tools
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +7 min

ITALY* Investigating possible breachesItaly's data protection authority plans to review artificial intelligence platforms and hire AI experts, a top official said in May. ChatGPT became available to users in Italy in April after being temporarily banned over concerns by the national data protection authority in March. The country's privacy watchdog said in June it had warned OpenAI not to collect sensitive data without people's permission. SPAIN* Investigating possible breachesSpain's data protection agency said in April it was launching a preliminary investigation into potential data breaches by ChatGPT. It has also asked the EU's privacy watchdog to evaluate privacy concerns surrounding ChatGPT.

Persons: Dado Ruvic, Ursula von der Leyen, CNIL, Ziv Katzir, Israel, ChatGPT, OpenAI, Antonio Guterres, Guterres, Mark Zuckerberg, Elon Musk, Lawmakers, Joe Biden's, Beryl Howell, Alessandro Parodi, Amir Orusov, Kirsten Donovan, Mark Potter, Christina Fincher, Milla Nissi Organizations: REUTERS, Baidu, Microsoft, Markets Authority, Big Tech, Britain, HK, SenseTime, Israel Innovation Authority, EU, UNITED, . Security, International Atomic Energy Agency, United Nations, U.S, IBM, Nvidia, Washington D.C, U.S . Federal Trade Commission, Thomson Locations: AUSTRALIA, Australia, BRITAIN, CHINA, China, FRANCE, Italy, Hiroshima, Japan, IRELAND, ISRAEL, Israel, ITALY, JAPAN, U.S, SPAIN, New York, Washington, Gdansk

☆ Amazon says it's boosting pay for contract delivery drivers
▼ + stars: | 2023-09-12 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon said it plans to boost wages for contracted drivers as part of a $440 million investment this year into its third-party delivery program but declined to say by how much. The DSP program, launched in 2018, comprises about 279,000 drivers, often distinguishable by blue Amazon-branded vans, who are responsible for delivering packages the last few miles to shoppers' doorsteps. The DSPs regularly pay above the minimum set by Amazon, and it audits DSP wages "on a regular basis," Tomay said. The DSP program is a key weapon for Amazon's logistics arsenal that has allowed it to reduce its reliance on carriers such as the U.S. Critics have argued Amazon relies on subcontracted delivery drivers to dodge liability and avoid unionization.

Persons: Beryl Tomay, Tomay Organizations: Amazon, U.S . Postal Service, FedEx, International Brotherhood of Teamsters, Teamsters, Critics Locations: U.S, California

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