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Biden is planning to name a senior federal emergency official to oversee long-term recovery efforts during his visit. Josh Green, Biden sought to ensure the large footprint required for a presidential visit would not obstruct ongoing response and recovery efforts. “If President Biden could just teleport himself over, he would’ve come here in five seconds,” Green said at a news conference last week. Bob Fenton, an experienced disaster response official, will serve as the chief federal response coordinator. During the visit, Biden plans to reassure residents that the federal government will support their recovery, Federal Emergency Management Agency Administrator Deanne Criswell said Sunday.
Persons: Joe Biden, Biden, Biden’s, curt “, Biden couldn’t, Josh Green, ” Biden, , ” Green, “ I’ve, Jill Biden, Bob Fenton, Fenton, Deanne Criswell, “ He’s, , Criswell, Isabella Guzman, ” Guzman, CNN’s Kayla Tausche, ” Criswell Organizations: CNN, Hawaii Gov, Biden, FEMA, White, Federal Emergency Management, Union, US Small Business Administration, SBA Locations: Maui, Maui County, Delaware, Salt Lake City, Green, Lahaina, Hawaii, “ State
CNN —A state agency delayed a water management company’s request to make more water available to fight the devastating wildfires in Maui earlier this month, according to letters obtained by CNN. The agency told Tremble that his company first had to ask about impacts on downstream users, according to the letter. Tremble told CNN by that time, his company’s water system manager left the area to evacuate his family and other staff couldn’t be reached. In a follow-up letter, Tremble thanked the chairperson for the prompt response. “This deployment does not suggest that First Deputy Manuel did anything wrong.”The agency declined to comment on whether quicker approval of West Maui Land Company’s request would have helped firefighters.
Persons: Glenn Tremble, Tremble, couldn’t, ” Tremble, , , Josh Green, Kaleo Manuel –, , Manuel, Manuel couldn’t Organizations: CNN, Maui Land Company, Water Resource Management, Honolulu Star, Honolulu Civil, Department of Land, Resources, Department Locations: Maui, Hawaii, Lahaina ., Lahaina, Honolulu, West Maui
Those winds also battered power lines on the island, and dramatic videos show lines swaying and being toppled in the gusts. Now, some locals are casting blame on Hawaiian Electric, the state’s biggest utility, for not shutting off power to high-risk areas – and claiming that its power lines could have sparked the deadly fire. State officials were well aware of the danger posed by downed power lines during hurricanes. A 2021 state report noted that “downed power lines” and “residential and wildland fires” were hazards related to hurricanes. Maui Mayor Richard Bissen said Thursday that power lines that were “still energized” had fallen on the roads.
Persons: Shane Treu, Treu, ” Treu, kindling, Lisa Treu, , , , Hurricane Dora, “ inexcusably, Jim Kelly, ” Kelly, Kelly, Richard Bissen, Yuri Iwamura, hydrants –, Cole Millington, Millington, Bradford Ventura, Adam Weintraub, ” Weintraub, Jill Tokuda, Keahi Ho, John Stufflebean, Josh Green, Anne Lopez, ” Green, “ It’s, Dora, Abby Frazier, Dora inched, Josh Stanbro Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, Reuters, Electric, National Weather Service, Hawaiian Electric Company, Public Utilities Commission, Hawaii Wildfire Management Organization, Maui, Volunteers, Getty, Facebook, Bradford, Hawaii Emergency Management Agency, Democrat, New York Times, Maui County Department of Water Supply, Times, Government, Hawaii Gov, Clark University Locations: Mauna, Lahaina, Maui, Hawaii, County, California, Paradise, West Maui, Maalaea, AFP, , Maui County, United States, Massachusetts
Coast Guard Admiral Karl Schultz took over for Admiral Paul Zukunft as Coast Guard commandant at a Change of Command ceremony in June 2018. Jacquelyn Martin/APBy keeping the investigation secret, the Coast Guard avoided further scrutiny of how alleged rapists and other attackers were not held accountable at the academy. Linda Fagan became the first female commandant when she took charge of the Coast Guard in 2022. Fagan is not the only current Coast Guard official who was aware of the secret operation at some level. “There is always a new problem every day.”Do you have information to share about the Coast Guard Academy or Coast Guard?
Persons: Pamela Brown’s, Karl L, Schultz, , Admiral Paul Zukunft, don’t, ” Zukunft, Admiral Charles W, Ray, Democratic Sens, Maria Cantwell, Tammy Baldwin of, Karl Schultz, Jacquelyn Martin, Sen, Richard Blumenthal, , , Chad Wolf, Ken Cuccinelli, Linda Fagan, Evan Vucci, “ Fagan, Fagan, Paul Zukunft, Jessica Hill, Melissa Bert, ” Bert Organizations: CNN, US Coast Guard, Department of Homeland Security, Coast Guard, Academy, DHS, Democratic, Senate, Committee, AP, United States, Loy Institute for Leadership, , Coast Guard Academy Locations: Washington, Tammy Baldwin of Wisconsin, Connecticut
Go with a growth mindsetPrior to ChatGPT's public launch, most managers had minimal experience using generative AI. That changed quickly as some businesses — including IBM — suggested that managers start using AI or risk losing their jobs. The better question for leaders is, "Do I believe I can learn to leverage generative AI in a productive way?" We are seeing this at an organizational level with AI, as some leaders put the brakes on using generative AI, based in part on perception of an AI-related skills gap among employees and the challenge of filling that. The conclusion here is that to get the best of generative AI, don't play into a dictator-servant relationship.
Persons: Leigh Thompson, Thompson, I've, IBM —, Carol Dweck's, Siri, Phil Zimbardo's, , ChatGPT Organizations: Kellogg School of Management, Northwestern University, IBM, Alexa, Research, Stanford
CNN —Kevin Maxen has become the first male coach in a US men’s professional sports league to come out as gay. In an interview with Outsports, the Jacksonville Jaguars associate strength coach said he no longer wanted to lie, as well as hoping to inspire others by publicly coming out. “I don’t want to feel like I have to think about it anymore,” Maxen told Outsports. Carl Nassib became the first active NFL player in league history to announce that he is gay in 2021. I know our players and staff feel the same.”Per Outsports, Maxen is the “first publicly out male coach in a major American men’s pro sports league,” with WNBA coach Curt Miller, who publicly came out to the media as gay in 2015, also a publicly out male coach in an American professional sports league.
Persons: Kevin Maxen, Outsports, ” Maxen, Nick, , , Carl Nassib, Maxen, I’ve, Shahid Khan, Kevin, ” Khan, Curt Miller Organizations: CNN, Jacksonville Jaguars, ” Jacksonville Jaguars, Maxen, ESPN Locations: Jacksonville, American
CNN —Your Chipotle guacamole may soon be prepared by a robot. Meet “Autocado,” a Chipotle robot designed to perform the more tedious tasks of creating the chain’s guacamole, including cutting, coring and peeling avocados. But Chipotle (CMG) said this “collaborative robot” will not eliminate jobs, but, instead, employees will work with the robot to speed up guacamole production. For its design, Chipotle partnered with Vebu Labs, a robotics startup in California, to analyze the preparation process at various Chipotle restaurants and identify the most time-consuming tasks for employees. And Chipotle is already testing “Chippy,” a robotic kitchen assistant that uses artificial intelligence to make tortilla chips to dip in Autocado’s guacamole.
Persons: “ Autocado, Chipotle, Curt Garner, , Patrick T Organizations: CNN, Technology, Grill Inc, Fallon, Bloomberg, Getty, ., Vebu Labs Locations: El Segundo , California, U.S, California, Vebu, guacamole
Avocados sliced, cored and peeled by the Autocado robot created by Chipotle and Vebu Labs. The fast-casual chain developed the collaborative robot, or cobot, in partnership with Vebu Labs, a California-based robotics startup. Chipotle Mexican Grill has developed a robot that can cut, core and peel avocados used in its guacamole as the restaurant industry faces a sustained labor shortage. To prepare avocados using the Autocado, Chipotle employees load up the device with a full case of the ripe fruit. Preparing avocados for guacamole routinely ranks as one of employees' least favorite tasks, Garner said.
Persons: Carl's, Chipotle, Curt Garner, Garner, Vebu, It's, We've, we'll Organizations: Vebu Labs, baristas, CNBC, Employees, guacamole, Miso Robotics Locations: Naperville , Illinois, California, Vebu
Avocado prep is one of Chipotle employees' least favorite responsibilities, Curt Garner, Chief Customer and Technology Officer at Chipotle, told CNBC. Chipotle's robot could also help alleviate lingering labor shortages that have swept across the restaurant industry. Last year Chipotle started testing the chip-making robot Chippy, which was intentionally designed to make imperfect tortilla chips. To develop the Autocado robot, Chipotle worked with Vebu Labs, a food industry robotics startup. Future investments could include farming and supply chain innovations, as well as advanced robotics, Chipotle said in a press release.
Persons: Chipotle, Curt Garner, Chipotle isn't, Taco Bell Organizations: Service, Grill, Technology, CNBC, Brands, National Restaurant Association, Miso Robotics, White Castle, Buffalo Wild Wings, Vebu Labs Locations: Wall, Silicon, Irvine , California, Vebu
After a strong first half for the stock market, Credit Suisse has an idea to keep the gains going. Now, questions swirl around if the market can continue its ascent as the second half of 2023 kicks into high gear. Credit Suisse asked every one of its U.S. research analysts to name their top stock picks when looking at the next six to 12 months. His price target implies shares could rally nearly 35% over the next year. International Game Technology also made the list, with analyst Ben Chaiken expecting big upside ahead even after a strong first half.
Persons: Stocks, Alcoa, Curt Woodworth, Woodworth, Refinitiv, Ben Chaiken, Judah Frommer, Frommer, MasTec, Jamie Cook, — CNBC's Michael Bloom Organizations: Credit Suisse, Nasdaq, Technology
“I’d been trying to direct a movie since 2015,” Wilson told me over coffee at a West Village bistro. “No offense, but that’s not how you deal with a problem,” Wilson chuckled. “The Red Door” confronts the trauma of that earlier film from the perspective of a father-son relationship. I asked Wilson if his sons — one is heading to college soon — send him curt one-word texts. “Nah, we have a great relationship,” said Wilson, who since 2005 has been married to the actress Dagmara Dominczyk (Karolina in “Succession”).
Persons: “ I’d, ” Wilson, , Jack Torrance, Josh retakes, , that’s, Josh, Renai, Rose Byrne, it’s, Dalton, Ty Simpkins, he’s, Wilson, curt, Dagmara Dominczyk, Karolina Locations:
Even then, they were apprehensive about climbing the ladder to an observation deck that isn’t open to the public. Then they went to a court to shoot a segment with the “Today” show, went to two brand photo shoots and finished the day working out with the popular N.B.A. On Wednesday, they did a series of interviews arranged by the N.B.A. After Ausar hit a deep 3-pointer over the fence, they returned to their hotel to try on their suits. They also teased the idea of trading places with each other when they were selected, to see if anyone noticed.
Persons: Chris Brickley, curt, Ausar, Waraire Boswell, Amen Organizations: Empire, Barclays Center, The New York Times Locations: Brooklyn
The company also boasted of collaborations with reputable institutions that have since denied partnering with OceanGate on the submersible in question. The interior of OceanGate's Titan submersible is seen in 2018. It “hasn’t been used in a crewed submersible ever before,” he said in a video last year. OceanGate appears to have also overstated its relationships with two institutions widely respected for their innovation: Boeing and University of Washington. OceanGate had partnered with UW to create a different submersible before parting ways, the university said in a statement.
Persons: Stockton Rush, , ” Rush, Rush, OceanGate, ” Rachel Lance, ” OceanGate, , Paul Henri, Nargeolet, David Pogue, , Pogue, Stockton, ” Stockton, don’t, Don’t, David Lochridge, Lochridge, OceanGate’s, Victor Balta, Balta, Guillermo Sohnlein, wasn’t, Anderson Cooper, Will Kohnen, ” Kohnen, Sal Mercogliano, ” Mike Reiss, ” Reiss, ” It’s, John Mauger, “ You’ve, CNN’s Gabe Cohen, Brad Lendon, Greg Wallace, Veronica Miracle, Allison Morrow, Rob Frehse, Paul Murphy, Celina Tebor Organizations: CNN, Stockton, US Coast Guard, Duke University, KOMO, OceanGate Expeditions, CBS, Getty, Boeing, University of Washington, OceanGate Inc, University of Washington’s, Physics Laboratory, UW, UW School of Oceanography, Titan, Marine Technology, Campbell University, Coast Guard Locations: Stockton, North Carolina, AFP
Carlyle names insider John Redett as finance chief
  + stars: | 2023-06-20 | by ( ) www.reuters.com   time to read: +1 min
June 20 (Reuters) - Carlyle Group Inc (CG.O) named company veteran John Redett as its new chief financial officer, the investment firm said on Tuesday, in the first major appointment under Chief Executive Officer Harvey Schwartz's leadership. Redett, who will take over from Curt Buser on Oct. 1, joined Carlyle 16 years ago and currently leads the firm's global financial services. Redett, who previously worked for U.S. banking giants Goldman Sachs (GS.N) and JPMorgan (JPM.N), will also become the head of corporate strategy at Carlyle. Carlyle hired Schwartz, a former Goldman Sachs (GS.N) executive, as its chief executive officer earlier this year, after a six-month long search. Carlyle also said it has also appointed Jim Burr as the head of global financial services.
Persons: John Redett, Harvey Schwartz's, Redett, Curt Buser, Goldman Sachs, Carlyle, Buser, Schwartz, Jim Burr, Jaiveer Singh, Nivedita Bhattacharjee Organizations: Carlyle Group Inc, Carlyle, Goldman, JPMorgan, Thomson Locations: Bengaluru
Carlyle names John Redett as Chief Financial Officer
  + stars: | 2023-06-20 | by ( ) www.reuters.com   time to read: 1 min
June 20 (Reuters) - Investment firm Carlyle Group Inc (CG.O) said on Tuesday it has appointed firm veteran John Redett to the role of chief financial officer effective October 1, 2023. Redett will succeed Curt Buser, who will retire at the end of the year after being finance chief at Carlyle since 2014, the company said in a filing. Redett, who currently leads the firm's global financial services, has also been appointed as the head of corporate strategy. Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: John Redett, Redett, Curt Buser, Jaiveer Singh, Nivedita Organizations: Investment, Group Inc, Carlyle, Thomson Locations: Bengaluru
But with many credit unions struggling to attract deposits their CD terms are especially sweet right now, experts say. The upshot: Half of the top 12 CD rates on DepositAccounts.com, a site that aggregates banking rates, are offered by credit unions. Why credit unions have such high CD rates nowCredit unions frequently offer financial products with more attractive interest rates and lower fees than conventional banks. The best credit union CD ratesWith nearly 5,000 credit unions in the country, there are plenty of favorable CD and share certificate rates out there. The FDIC doesn’t cover credit unions, but a different agency, the National Credit Union Administration, or NCUA, provides a parallel level of protection.
Persons: Martha C, they’ve, They’re, you’re, , Dawit Kebede, Curt Long, branchless Organizations: Credit, Nonprofit, Credit Union National Association, National Association of, , don’t, Workers Credit Union, of, Financial, Association, Workers, Bellco, Bellco Foundation, Dow Credit Union, Dow Credit, Bank, Federal Deposit Insurance Corp, FDIC, National Credit Union Administration Locations: Silicon Valley, DepositAccounts.com, Central Massachusetts, Colorado
MLB roundup: Mookie Betts belts 2 HRs as Dodgers blast Yankees
  + stars: | 2023-06-03 | by ( ) www.reuters.com   time to read: +11 min
Dodgers left-hander Clayton Kershaw (7-4) matched his season high with nine strikeouts over seven innings while allowing two runs on four hits and one walk. Luis Severino (0-1) was tagged for seven runs on nine hits over four innings. Mariners starter Luis Castillo (4-3) was the hard-luck loser after allowing one run on five hits with six strikeouts over seven innings. Rosario had three of Atlanta's seven hits. Kansas City starter Jordan Lyles allowed one run and two hits in five innings, striking out eight and walking one.
Persons: Mookie Betts, Kirby Lee, Max Muncy, Betts, J.D, Martinez, Clayton Kershaw, Freddie Freeman, Josh Donaldson, Giancarlo Stanton, Luis Severino, Yordan Alvarez, Corey Julks slugged, Framber Valdez, Valdez, Ohtani, Mike Trout, George Springer, Daulton Varsho, Chris Bassitt, Bo Bichette, Whit Merrifield, Justin Verlander, Jon Gray, Gray, Will Smith, Julio Rodriguez, Luis Castillo, Robbie Grossman, Jorge Polanco's, Polanco, Bailey Ober, Will Brennan, Myles Straw, Jameson Taillon, Dansby Swanson, Ian Happ's, outdueled, Michael Wacha, Taillon, Mark Leiter Jr, Juan Soto, Manny Machado, Jake Cronenworth, Xander Bogaerts, Merrill Kelly, Kelly, Eddie Rosario, Miguel Castro, Charlie Morton, Rosario, Ke'Bryan Hayes, Josh Palacios, Louis . Hayes, Carlos Santana, Roansy Contreras, Yohan Ramirez, Brendan Donovan, Nolan Arenado, Nolan Gorman, Louis, Jack Flaherty, Giovanny Gallegos, Andruw Monasterio, Stuart Fairchild's grounder, Curt Casali, Bryse Wilson, Edward Cabrera, JJ Bleday, Jesus Sanchez, Luis Arraez, Lane Thomas, Washington, Jeimer Candelario, Luis Garcia, Alex Call, Thomas, Nick Castellanos smacking, Dalton Guthrie, Zack Wheeler, Tim Anderson, Andrew Benintendi, Eloy Jimenez, Mike Clevinger, Keynan Middleton, Kendall Graveman, Reese Olson, Olson, Ryan McMahon, Elias Diaz, Chase Anderson, Brent Suter, Edward Olivares, Drew Waters, MJ Melendez, Jordan Lyles, Gunnar Henderson, Dean Kremer, Kremer, Felix Bautista, Casey Schmitt, Logan Webb Organizations: Los Angeles Dodgers, New York Yankees, Dodger, USA, Dodgers, Yankees, Astros, Houston, Los, Angels, Blue Jays, Mets, Toronto, New, Rangers, Mariners, Seattle, ., Cleveland, Twins, Guardians, Cubs, Padres, Chicago, San, outdueled Padres, National League, Diamondbacks, Braves, Arizona, Atlanta, Cardinals, Pittsburgh, Pirates, Brewers, Reds, Milwaukee, Cincinnati, Great American, National League Central, Ball, Marlins, Athletics, Miami, Oakland, A's, Nationals, Phillies, Philadelphia, White Sox, Tigers, Detroit, Triple, Royals, Colorado, Kansas City, Rockies, Arizona Diamondbacks, Orioles, Giants, Baltimore, San Francisco, Thomson Locations: Los Angeles , California, USA, Los Angeles, Toronto, Texas, Arlington , Texas, . Texas, Minnesota, Minneapolis, San Diego, Phoenix, Oakland, Detroit, Toledo
Ron DeSantis is expected to make his presidential campaign official next week. WOLF: More than any other Republican, DeSantis has generated national media scrutiny and buzz that he could be the candidate best positioned to challenge Trump. Are he and his advisers concerned that all that attention has not translated to a stronger position in GOP primary polls? CONTORNO: As we previously reported several months ago, DeSantis’ political operation believes he has the money and the name recognition to launch a national campaign out of the gate. CONTORNO: Some of Trump’s top advisers once ran DeSantis’ political operation, and several former Trump operatives and donors are now in DeSantis’ camp, so the sniping is already becoming pronounced.
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. 22, 2022. JPMorgan Chase CEO Jamie Dimon said Tuesday that it's not likely his bank would acquire another struggling lender after its government-brokered acquisition of First Republic. "Unlikely," was Dimon's curt response to a shareholder who asked about acquisitions during the New York-based bank's annual shareholder meeting. The turmoil in mid-sized banks sparked by the Silicon Valley Bank collapse in March shows that merely meeting regulatory requirements isn't enough, Dimon added. Dimon spoke on the same day that former Silicon Valley Bank CEO Gregory Becker and two ex-Signature Bank executives testified before the Senate.
Speaking of Jack, it appears that particular subplot has already run its highly unnecessary course. But even I’m a little taken aback at how casually the show has discarded a once semi-central story line. Keeley and Jack had one fight, Jack slammed the door like Nora in “A Doll’s House” and now (unlike Nora) she has relocated to Argentina. (Has anyone else noticed that Richmond seems to alternate between long winning and losing streaks without ever being, you know, average?) Later, Isaac refuses Colin’s invitation to get a beer with a curt, angry “No.” Next, before the game with Brighton & Hove Albion — I’m with Ted; sounds like a law firm — Isaac leaves Colin’s attempted fist-bump un-bumped.
Fact-checking Trump’s CNN town hall in New Hampshire
  + stars: | 2023-05-10 | by ( Cnn Staff | ) edition.cnn.com   time to read: +26 min
CNN —CNN hosted a town hall with 2024 Republican presidential candidate and former President Donald Trump on Wednesday night in New Hampshire. 2020 ElectionJust minutes after the town hall began, Trump claimed the 2020 election was “rigged.”Facts First: This is Trump’s regular lie. Trump claimed Wednesday that he got gas prices down to $1.87 – and “even lower” – but they increased to $7, $8 or even $9 under Biden. The Presidential Records Act says that the moment a president leaves office, the National Archives and Records Administration gets legal custody and control of all presidential records from his administration. First, there’s no provision for negotiating over Presidential records at the end of a term.
The U.S. personal savings rate remains below its historical average, according to the U.S. Bureau of Economic Analysis. The seasonally adjusted annual rate of personal saving was 4.6% in February. That's well below the average annual rate of more than 8%, according to the data, which traces back to 1959. Collectively, Americans have trillions in excess savings compared with expectations leading up to the pandemic, according to Federal Reserve economists. Watch the video above to learn about how the personal savings rate affects you and the wider economy.
It's been a tumultuous period for Quinn and the storied law firm he built over the past 37 years — now the world's largest litigation firm with hourly rates that can be north of $2,000. But behind the scenes, a shift at QE has been the talk of elite law firm circles. Indeed, the firm – known as a singular, even freewheeling, institution that brands itself as the "#1 Most Feared Law Firm in the World" — may appear to be less in the image of its founder as a generational shift brings changes. "We all thought it was important that the world understands this is not a one generation law firm." One former firm partner in California says he believes Quinn's inner circle generally got better deals.
Shares of aluminum company Constellium look too cheap to ignore, according to Credit Suisse. Analyst Curt Woodworth highlighted the firm's bull case for Constellium, saying in a Thursday note to clients that its $22 price target suggests shares could gain almost 40% from Wednesday's close. So far this year, the stock, which trades on the New York Exchange, has surged nearly 34%, after slumping 34% in 2022. CSTM YTD mountain Shares in 2023 While Constellium faces continued inflationary pressures, Woodworth highlighted his confidence in the company's management. "CSTM continues to execute well as evidenced by excellent price vs cost progression in 2022 and guidance for 2023 that was better than expected driven by some relief on energy prices and solid price actions achieved in 4Q," he wrote.
The Arena Football League (AFL) is relaunching under new leadership and plans to resume play in 2024, Insider has learned. Lee A. Hutton III, the new AFL commissioner, will become the first Black commissioner of a professional sports league in the US. In assuming his role as the new AFL commissioner, Hutton will become the first Black commissioner to lead a professional sports league in the United States. AFL commissioner Lee A. Hutton III. We believe we have assembled a world-class, operational team made up of C-Suite executives, expert sports trainers, football personnel, performance facilities, legal partners, professional team owners and former athletes."
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