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☆ Rescuers race against time to find the missing sub in the Atlantic bound for the Titanic site
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: +10 min

Rescuers in a remote area of the Atlantic Ocean raced against time early Tuesday to find a missing submersible carrying five people on a mission to document the wreckage of the Titanic. OceanGate's expeditions to the Titanic wreck site include archaeologists and marine biologists. Gallo identified Nargeolet, a friend who has led multiple expeditions to the Titanic, on Tuesday during an interview with CNN. OceanGate hired the Polar Prince to ferry dozens of people and the submersible craft to the North Atlantic wreck site. CBS journalist David Pogue, who went on the trip last year, noted his vessel got turned around looking for the Titanic.

Persons: Mauger, NBC's, John Mauger, David Concannon, John's, Concannon, OceanGate, Hamish Harding, Harding, Mark Butler, Butler, Victor Vescovo, Mariana, Richard Garriott de Cayeux, Shahzada Dawood, Suleman, Allah, Paul, Henry Nargeolet, David Gallo, Gallo, David Pogue, Pogue, Mike Reiss, Alistair Greig, submersibles, Greig Organizations: Discovery, U.S . Coast Guard, OceanGate Expeditions, Authorities, Rescue Coordination Center, Rescuers, Polar, Canadian Boeing, Twitter, U.S, Lockheed, The Associated Press, AP, Coast Guard, United Arab, Action Aviation, World Records, Shepard, The Explorers, SETI Institute, CNN, CBS, University College London Locations: Nova Scotia, British, St, John's, Newfoundland, Canadian, Bahamas, Dubai, United Arab Emirates, California, Virginia

☆ New V&A show 'DIVA' salutes and studies top stars
▼ + stars: | 2023-06-20 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

[1/4] Elton John's 50th birthday costumes are seen on display at DIVA, an exhibition celebrating the power and creativity of iconic performers, at the Victoria and Albert Museum, in London, Britain June 19, 2023. Titled "DIVA", the exhibition features some 60 costumes and 250 items from screen sirens and stage stars from the 19th century to today, many displayed for the first time. "Some of this goes all the way back to the turn of the century, 1900, you know opera singers, silent film stars. It uses the objects to recount the creation of the diva, delving into personal stories and looking at performers' activism and sway on social issues, including equality and civil rights. "The diva has a strong sense of self, an attitude and knowing... how to use their voice," lead curator Kate Bailey said.

Persons: Elton John's, Anna Gordon LONDON, Victoria, Marilyn Monroe, Maria Callas, Franco Zeffirelli's, Bob Mackie's, Tina Turner, Cher, Elton John's Louis XIV, Janelle Monae's, Mackie, Kate Bailey, Hanna Rantala, Alexandra Hudson Organizations: Victoria, Albert Museum, REUTERS, Royal Opera House, nk, Alexandra Hudson Our, Thomson Locations: London, Britain

☆ Magellan, the company that mapped the Titanic wreck, is trying to scramble its deep-sea scanning equipment to help locate the lost sub
▼ + stars: | 2023-06-20 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Magellan, which helped develop visuals of the Titanic, said it's trying to help find the lost sub. "We are ready to support, and we are fully mobilised to help," Magellan said on its site. OceanGate runs the Titan submersible to take trips to the Titanic's wreck in the Atlantic Ocean. The equipment it is trying to bring in are those that helped produce the Titanic wreck images, the Magellan's David Thompson said to CNN. "We are ready to support, and we are fully mobilised to help," Magellan said on its site.

Persons: it's, Magellan, OceanGate, James Cameron's, David Thompson Organizations: US Coast Guard, Atlantic Productions, The Coast Guard, CNN, Magellan Locations: John's, Newfoundland, Canada, Cape Cod , Massachusetts

Those aboard the submersible called Titan, the highlight of a tourist expedition that costs $250,000 per person, included British billionaire Hamish Harding and Pakistani businessman Shahzada Dawood with his son Suleman. The wreckage of the Titanic that sank in 1912 after hitting an iceberg lies at about 12,500 feet (3,810 metres). OceanGate Expeditions, the private company that operates the submersible, said it was "mobilizing all options" to rescue those aboard the Titan. Reuters GraphicsBILLIONAIRE ABOARDThe expeditions to the Titanic start in St. John's, Newfoundland, before heading out about 400 miles (640 km) into the Atlantic to the wreckage site, OceanGate's website says. Harding's stepson later wrote on Facebook that Harding had "gone missing on submarine" and asked for "thoughts and prayers".

Persons: Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, John Mauger, Harding, Dawood, Joseph Ax, Kanishka Singh, Ismail Shakil, Edmund Blair, Janet Lawrence Organizations: Discovery, U.S . Coast Guard, Stockton Rush, Expeditions, Twitter, Reuters Graphics, Action Aviation, Facebook, Engro Corporation, SETI, Thomson Locations: Nova Scotia, Canada, U.S, ., Cape Cod, St, John's, Newfoundland, UAE, California, Britain, Washington, Shahid, Karachi

☆ Submarine exploring Titanic wreck missing, search underway
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

June 19 (Reuters) - A submarine on a tourism expedition to explore the wreckage of the Titanic has gone missing off the coast of southeastern Canada, according to the private company that operates the vessel. The U.S. Coast Guard did not immediately respond to requests for comment. Media reports said the Coast Guard has launched search-and-rescue operations. In order to visit the wreck, passengers climb inside Titan, a five-person submersible, which takes about two hours to descend to the Titanic. The story has been immortalized in non-fiction and fiction books as well as the 1997 blockbuster movie "Titanic".

Persons: OceanGate, Joseph Ax, Njuwa Maina, Kanishka Singh, Ismail Shakil, Doina Organizations: OceanGate Expeditions, U.S . Coast Guard, Coast Guard, Thomson Locations: Canada, U.S, St, John's, Newfoundland

☆ They fell in love backpacking through Europe then they lost each other. Here’s how they’ve ended up married for 24 years
▼ + stars: | 2023-06-16 | by ( Francesca Street | ) edition.cnn.com time to read: +16 min

Kim LatkovicLike Tom, Kim had spent that day in disbelief that she’d found someone who seemed so perfect, and lost him just as quickly. From there, Tom, Kim, Amanda and John chatted about their respective colleges and travels. From left to right: John, Kim, Tom and Amanda at the Hofbrauhaus Munchen on the first night they met. Over the next couple of days, Tom, Kim, Amanda and John explored Interlaken together. As soon as Kim’s parents met Tom, and saw Tom and Kim’s natural ease together, they were wholeheartedly supportive.

Persons: Tom Latkovic, He’d, Tom, Kim Morgan, who’d, Kim, John, Kim’s, Amanda, Tom didn’t, didn’t, “, ”, Munich’s, Marienplatz, whooped, Tom glanced, ” Kim, you’d, Kim Latkovic, she’d, John ., somebody’s, ’ ”, John chatted, ’, Kim couldn’t, –, Little, they’d, Tommy, Here's Kim, Switzerland Tom, Here's Tom, Tom’s, Kim Latkovic “, they’ve, gosh, she’s, we’ve Organizations: CNN, University of Michigan, University of Memphis, CNN Travel, Munchen Locations: Munich, Ohio, ”, Munchen, Prague, Interlaken, Switzerland, Lauterbrunnen, Venice, Italy, Atlanta , Georgia, Cleveland , Ohio, Europe, Memphis , Tennessee, Memphis, Marienplatz

☆ It's 'kind of scary': Paul McCartney used A.I. to reunite with John Lennon on new Beatles record
▼ + stars: | 2023-06-14 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

Paul McCartney has collaborated with countless artists over his 60-year career, from Rihanna to Michael Jackson. In an interview with the BBC's "Best of Today" this week, the 80-year-old revealed that AI has made it possible to release one "last Beatles record." McCartney said that during the creation Peter Jackson's 2021 Beatles docuseries "The Beatles: Get Back," they found an old demo tape that John Lennon had recorded. Through the use of artificial intelligence, they were able to start the process of taking the decades-old recording and turning it into something usable. "[Peter Jackson] was able to extricate John's voice from a ropey little bit of cassette," he said.

Persons: Paul McCartney, Rihanna, Michael Jackson, McCartney, Peter Jackson's, John Lennon, Peter Jackson

☆ 'Last' Beatles record to be released this year thanks to AI - McCartney
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

[1/3] Musician Paul McCartney performs during his Got Back tour at SoFi Stadium in Inglewood, California, U.S., May 13, 2022. REUTERS/Mario AnzuoniLONDON, June 13 (Reuters) - A "last" Beatles song, featuring the voice of late member John Lennon, will be released this year thanks to the use of artificial intelligence, Paul McCartney has said. "So when we came to make what will be the last Beatles record... we were able to take John's voice and get it pure through this AI (artificial intelligence), so that then we could mix the record as you would normally do," the singer-songwriter, 80, said. "He was able to extricate John's voice from a ropey little bit of cassette," McCartney said. "We had John's voice and a piano, he could separate them with AI."

Persons: Paul McCartney, Mario Anzuoni, John Lennon, McCartney, John, Lennon, Peter Jackson, we'll, Marie, Louise Gumuchian, Sharon Singleton Organizations: REUTERS, Mario Anzuoni LONDON, BBC Radio, BBC, Thomson Locations: Inglewood , California, U.S

☆ Paul McCartney says A.I. got John Lennon's voice on 'last Beatles record'
▼ + stars: | 2023-06-13 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The Beatles star told the BBC he has finished a new song using AI to recreate John Lennon's voice. LONDON — Beatles singer-songwriter Paul McCartney told the BBC that artificial intelligence was used to "extricate" and clean up the vocals of former bandmate John Lennon from an old recording, allowing them to feature in an upcoming track. It's something we're all sort of tackling at the moment and trying to deal with," McCartney told the BBC's "Today" program when asked about AI. AI was used to identify Lennon's vocals as distinct from instrumentals and background interference. "There's a good side to it and then a scary side, and we'll just have to see where that leads," McCartney told the BBC.

Persons: Paul McCartney, John Lennon's, John Lennon, McCartney, Peter Jackson —, —, John, Lennon, ABBA's Björn Ulvaeus, we'll Organizations: Glastonbury Festival, Beatles, BBC, Industry, CNBC Locations: Pilton, Glastonbury , England, Glastonbury

☆ Paul McCartney says AI has been used to help create a 'final' Beatles song, which features John Lennon's voice
▼ + stars: | 2023-06-13 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Paul McCartney says AI has been used to create a "final" Beatles song featuring John Lennon. Speaking on BBC's Radio 4, McCartney said AI had been used to "extricate John's voice." Paul McCartney says AI has been used to create a "final" Beatles song, featuring the late John Lennon. Speaking on BBC's Radio 4, the songwriter said: "We were able to take John's voice and get it pure through this AI." McCartney told Radio 4's Martha Kearney: "We had John's voice and a piano and he could separate them with AI.

Persons: Paul McCartney, John Lennon, McCartney, AI's, Lennon, Paul, Yoko Ono, Martha Kearney, Nick Cave, Drake, Grimes Organizations: BBC's, BBC News, Radio

☆ 'Last' Beatles record to be released this year thanks to AI, Paul McCartney says
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 13 (Reuters) - A "last" Beatles song, featuring the voice of late member John Lennon, will be released this year thanks to the use of artificial intelligence, Paul McCartney has said. "So when we came to make what will be the last Beatles record... we were able to take John's voice and get it pure through this AI (artificial intelligence), so that then we could mix the record as you would normally do," the singer-songwriter, 80, said. [1/3] Musician Paul McCartney performs during his Got Back tour at SoFi Stadium in Inglewood, California, U.S., May 13, 2022. "He was able to extricate John's voice from a ropey little bit of cassette," McCartney said. "We had John's voice and a piano, he could separate them with AI."

Persons: John Lennon, Paul McCartney, McCartney, John, Lennon, Mario Anzuoni McCartney, Peter Jackson, we'll, Marie, Louise Gumuchian, Sharon Singleton Organizations: BBC Radio, BBC, REUTERS, Thomson Locations: Inglewood , California, U.S

☆ Former SEC chief Harvey Pitt passes away at 78
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

May 31 (Reuters) - Harvey Pitt, a former chairman of the U.S. Securities and Exchange Commission, passed away on Tuesday, according to a statement from the director of the SEC Historical Society shared with Reuters. At the time, fellow SEC Commissioner Roel Campos said: "There has certainly never been anyone who loved this agency more than Chairman Pitt." Pitt was a graduate of St. John's University School of Law and the City University of New York, according to the SEC's website. He passed away on Tuesday, according to the statement from Jane Cobb, executive director of the SEC Historical Society. "Over the years, Harvey has been extremely generous with his time and sage advice," said Michael Piwowar, a former SEC commissioner.

Persons: Harvey Pitt, Pitt, George W, Bush, Roel Campos, Jane Cobb, Harvey, Michael Piwowar, Chris Prentice, Douglas Gillison, Niket, Shinjini Ganguli, Paul Simao Organizations: U.S . Securities, Exchange Commission, SEC Historical Society, Reuters, SEC, FBI, Enron, San Francisco Chronicle, Oxley, St, John's University School of Law, City University of New, Georgetown University, University of Pennsylvania, Kalorama Partners, Thomson Locations: City University of New York, Washington, New York, Bengaluru

☆ Tesco Chairman John Allan to step down in June
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: +1 min

Tesco Chairman John Allan will step down at the group's annual shareholders' meeting next month, with Britain's biggest retailer saying claims of inappropriate behavior against him risked becoming a distraction. Allan, one of Britain's highest-profile corporate names, has been Tesco's chairman since 2015. Three of these allegations are vigorously denied by Allan, and for the other Allan unreservedly apologized for the comment he made, Tesco said. "While we have received no complaints about John's conduct and made no findings of wrongdoing, these allegations risk becoming a distraction to Tesco," Grote said. He thanked Allan for his "valuable contribution" to Tesco, noting he successfully led the board through its turnaround and the COVID-19 pandemic, whilst helping to rebuild the business.

☆ Tesco chair Allan to step down after inappropriate behaviour claims
▼ + stars: | 2023-05-19 | by ( James Davey | ) www.reuters.com time to read: +2 min

However, prior to Friday's update from Tesco, Allan was due to seek re-election at the June 16 annual general meeting (AGM). Tesco said that pending the appointment of a new chairman, senior independent director Byron Grote will become interim chair and will chair the AGM. Earlier this month, the Guardian newspaper reported that Allan was facing claims of inappropriate behaviour from four women. Three of these allegations are vigorously denied by Allan, and for the other Allan unreservedly apologised for a comment he made, Tesco said. "While we have received no complaints about John's conduct and made no findings of wrongdoing, these allegations risk becoming a distraction to Tesco," Grote said.

☆ I turned down a $250,000 job offer and moved to St. Barts to start a new life. I'm much happier since prioritizing my well-being over money.
▼ + stars: | 2023-05-18 | by ( Alicia Gonzalez | ) www.businessinsider.com time to read: +7 min

Once she visited St. Barts, she found herself and turned down an attractive job offer to move there. I fell in love with St. Barts while visiting a friend, and I turned down a $250,000-a-year job offer to move there permanently. Around my third month of working from home, a friend invited me to St. Barts, a place I'd never been. When I got to St. Barts, everything changedIt's a very small community, and you run into people all the time. Even though I couldn't be certain what would happen if I declined the job, trusting myself to succeed as an entrepreneur felt right.

Trademark Office to cancel two smaller rivals' "Taco Tuesday" trademarks in what the largest Mexican fast-food chain in the U.S. called a bid to "liberate the phrase for restaurants nationwide." Taco Bell's petitions said the trademarks, owned by Gregory's Restaurant & Bar in New Jersey and Wyoming-based Taco John's in the rest of the country, wrongly monopolize the use of the phrase in the restaurant industry. "Nobody should have exclusive rights in a common phrase," the petitions said. Representatives for Taco John's, whose "Taco Tuesday" trademark registration dates to 1989, did not immediately respond to a request for comment on the petitions. The office last year cited similar reasons for rejecting a brewery's bid for a federal "Taco Tuesday" mark covering beer.

☆ DeSantis pledges he would 'clean house' at the FBI as president in response to Durham report
▼ + stars: | 2023-05-16 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +3 min

Special counsel John Durham slammed the FBI over its Trump-Russia investigation in a new report. DeSantis said the report showed "I was right," because he'd defended Trump as a US congressman. "What I would do is clean house top to bottom in these agencies," he said of the FBI and others. The report was published Monday and overseen by Special Counsel John Durham — who was appointed by former President Trump's attorney general Bill Barr — and was the conclusion of a four-yearlong investigation into the 2016 election. The FBI opened its investigation in July 2016 and Special Counsel Robert Mueller took over in 2017.

☆ Taco Bell is fighting to cancel a rival's trademark on the phrase 'Taco Tuesday,' saying nobody should have 'exclusive rights'
▼ + stars: | 2023-05-16 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Taco Bell is challenging trademarks on the phrase "Taco Tuesday" in a PR blitz. "Nobody should have should have exclusive rights in a common phrase," one of Taco Bell's petitions reads. Taco John's controls a trademark for "Taco Tuesday" in 49 states, according to Nation's Restaurant News. Taco John's website on Tuesday after it released its response to Taco Bell's petitions. "Taco John's, despite all of its claims to the contrary, did not invent Taco Tuesday — nowhere even close to inventing Taco Tuesday," Arellano told Marketplace.

Critics have said such awards encourage frivolous lawsuits and excessive fees going to class action attorneys who may seek to benefit their own interests instead. The Supreme Court in 2019 sidestepped resolving a challenge to cy pres awards in a case involving Google. Conservative Justice Clarence Thomas, dissenting in that case, called cy pres settlements "unfair and unreasonable." Monsanto has called the group, which advocates against what it considers abusive class action procedures, a "serial objector to class-action settlements." The group said in court papers that further steps could have taken to distribute the settlement award to class members.

☆ Chipotle, Papa John's link ESG goals to bonus compensation, and pay practice is moving below the C-suite level
▼ + stars: | 2023-05-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +9 min

Companies are increasingly linking ESG metrics to executive compensation packages. That percentage of Russell 1000 companies linking ESG goals to compensation has quickly grown in recent years, from 14% in 2020 to 18% in 2021 to 28% in 2022. In 2021, Mastercard changed its executive compensation model for its most senior executives, EVPs and above, to link their bonus structure to goals set around carbon neutrality, financial inclusion and gender pay parity. Papa John's took a similar step last year, introducing an ESG bonus incentive for eligible employees and executives for goals around enhancing diversity, equity and inclusion, environmental impact, and its broader mission around cleaner and better ingredients. "For example, if there is an ESG goal around emissions, does a director of finance have any direct oversight or responsibility for how that is achieved?"

☆ Bowlero, the public company that reimagined bowling, faces dozens of discrimination claims that the feds want to settle for $60 million
▼ + stars: | 2023-05-11 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +19 min

The 73 EEOC claims brought by individual former employees against the company sparked the larger pattern or practice investigation into age discrimination. Only a fraction of EEOC age discrimination complaints — 2.8% in fiscal 2021 — resulted in reasonable cause determinations, EEOC data show. It went from running six bowling alleys to 272 overnight after it acquired AMF, which was then the largest bowling company in the world and was in bankruptcy. The following year, Shannon's company acquired the Brunswick Corporation, the second-largest bowling company in the world, and changed his company's name to Bowlero. Dowe said negotiations fell apart when Bowlero countered the EEOC's $60 million settlement proposal with a proposal of $500,000.

☆ ChatGPT is powered by these contractors making $15 an hour
▼ + stars: | 2023-05-08 | by ( David Ingram | ) www.cnbc.com time to read: +7 min

Out of the limelight, Savreux and other contractors have spent countless hours in the past few years teaching OpenAI's systems to give better responses in ChatGPT. So far, AI contract work hasn't inspired a similar movement in the U.S. among the Americans quietly building AI systems word-by-word. watch nowJob postings for AI contractors refer to both the allure of working in a cutting-edge industry as well as the sometimes-grinding nature of the work. There's no definitive tally of how many contractors work for AI companies, but it's an increasingly common form of work around the world. A spokesperson for OpenAI said no one was available to answer questions about its use of AI contractors.

This is weighing on how much the private equity firms are offering to buy companies. So far, bids for Subway have ranged between $8.5 billion and $10 billion, one of the sources said. This is a more expensive route that private equity firms may not opt for, three of the sources added. To be sure, Subway is allowing bidders to use any financing route they want, as long as they can show they can secure committed financing. TPG and Bain were part of a group that owned Burger King when John Chidsey, who is now Subway's CEO, headed that burger fast-food restaurant chain.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Prescient bets by the likes of Shaquille O'Neal and Serena Williams have triggered an explosion in tech investing among Europe's sports stars
▼ + stars: | 2023-04-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +8 min

European sports stars are following US counterparts, such as Shaquille O'Neal, in betting on tech. O'Neal, who also made early bets on Google and Lyft, has shown how sports stars can become successful venture capitalists once their playing careers end. He's not alone in the US, with the football star Tom Brady and the basketball stars LeBron James and Steph Curry all actively investing in tech. The tennis legend Serena Williams went a step further and set up her own fund, Serena Ventures. Shaquille O'Neal has proven to be a shrewd tech investor with early bets on Ring, Google, and Lyft.

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