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AdvertisementA 37-year-old manager at Microsoft says AI has changed his workflow. AI reduced his time spent on coding by 70%, and also cut time spent on reading and meetings, he says. Whatever time I'm getting back from leveraging AI, I'm using it for some other work. Once the developers start writing code for these projects and do the actual work, that's where we leverage AI. So that's why developers are using AI wherever they can to reduce their time, but they are using any time saved for other tasks or other features.
Persons: Santhosh Reddy, ChatGPT, Susanne Franz I've, I've, I'm, it's Organizations: Microsoft, Google Locations: OpenAI
CNN —A 65-year-old American tourist has been arrested in Japan for allegedly carving letters into a torii gate at a Tokyo shrine. The suspect, Steve Lee Hayes, was arrested Wednesday on suspicion of property damage, a Tokyo Metropolitan Police spokesperson told CNN. Police said the man allegedly defaced the pillar of a shrine gate in Tokyo’s Shibuya Ward on Tuesday, “carving the alphabet with his fingernails.”According to public broadcaster NHK, five letters – believed to be the tourist’s family name – were allegedly etched into a gate pillar at Tokyo’s Meiji Shrine. Located adjacent to the city’s sprawling Yoyogi Park, Meiji Shrine first opened in 1920 and was dedicated to Emperor Meiji and Empress Shoken. A closeup image of scratches on a torii gate at Meiji Shrine, taken on November 14, 2024.
Persons: Steve Lee Hayes, , Emperor Meiji, Shoken, Yuichi Yamazaki Organizations: CNN, Tokyo Metropolitan Police, Police, NHK, . Police, Meiji, Mount Fuji, UNESCO Locations: Japan, Tokyo, Tokyo’s Shibuya Ward, Meiji, AFP, Kesennuma, Nara
Oil dips on oversupply concerns, heads for weekly loss
  + stars: | 2024-11-15 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks. ​Distillate stockpiles, which include diesel and heating oil, also fell unexpectedly by 1.4 million barrels, the data showed. Signs of stronger demand supported oil prices, ANZ analyst Daniel Hynes said. The Paris-based agency raised its 2024 demand growth forecast by 60,000 barrels per day to 920,000 bpd, and left its 2025 oil demand growth forecast little changed at 990,000 bpd. Also pressuring oil prices, the dollar surged on Thursday to a one-year high and headed for a fifth-straight daily gain fueled by higher yields and Donald Trump's presidential election victory in the United States.
Persons: Brent, Daniel Hynes, group's, Donald Trump's Organizations: Brent, . West Texas, Energy Information Administration, EIA, ANZ, International Energy Agency, Organization of, Petroleum, greenback Locations: Russia, U.S, Paris, China, India, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio manager: Investment case for EM equities is potentially 'delayed not derailed'Steven Quattry of Morgan Stanley Investment Management highlights investment opportunities in emerging and frontier markets amid trade war uncertainty.
Persons: Steven Quattry Organizations: Morgan Stanley Investment Management
In both of the past two quarters, Home Depot's revenue would have fallen year over year if SRS' sales were excluded. Melissa Repko | CNBCA jolt to the businessFor Home Depot, the expansion into the pro business comes at a challenging time. With housing turnover near its lowest in decades, the pro business has also felt pressure. Grom said Home Depot's growing pro business is what helps to attract investors and set it apart from its main competitor, Lowe's . The SRS deal and the focus on pro does not mean Home Depot is abandoning efforts to jolt the rest of its business.
Persons: Melissa Repko, Ted Decker, Decker, Dan Tinker, Joe Feldman, Chuck Grom, Gordon Haskett, Group's Feldman, it's, Grom, Tinker Organizations: Texas Pool Supply, CNBC, Depot, Home Depot, Telsey Advisory, Home, Federal Reserve, Lowe's Locations: Texas, CNBC PLANO , Texas, Dallas, Atlanta, Los Angeles, U.S
When I awoke last week to the news that Donald Trump had been elected president once again, my first impulse was to write. In my experience, good writing requires four things: precision of language, the freedom to say anything, respect and — perhaps most important — love. The responsibilities of the writer today are no different from those of any writer in any age. But the presence, character and now considerable power of President-elect Trump make the work of fulfilling those responsibilities all the more difficult and urgent. Precision, freedom, respect and love: These qualities are sorely missing in Mr. Trump and his vision for our country.
Persons: Donald Trump, Trump, Richer Locations: Vietnam
Or any of the blockbuster weight loss and diabetes drugs that recently caught the world’s attention? The joy of foodHolst is also very focused on this particular mechanism of the GLP-1 drugs but worries that it can go too far. For others, it is the loss of lean muscle mass that accompanies their weight loss and puts them at greater risk for falls. Because the medications work by slowing digestion, terrible constipation becomes a side effect that is too much for some to bear. There is little doubt that for most people, regular exercise and eating right is still the best strategy for weight loss and overall health.
Persons: Sanjay Gupta, Jens Juul Holst, Holst, CNN Holst, Karin Conde, ” Conde, Knape, , , Dr Organizations: CNN, Novo Nordisk, American Medical Association, World Health Organization, BMI, CNN Health Locations: Copenhagen, Danish, United States,
Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. The strike at Virgin Hotels Las Vegas marks the first open-ended strike in 22 years for the Culinary Workers Union, the largest labor union in Nevada, with about 60,000 members. Virgin hotel workers are walking out RIGHT NOW at Virgin Las Vegas for a fair contract! "Workers at Virgin Las Vegas deserve a first-class contract with fair wage increases, and they are organized and ready to strike for it." Culinary Union members last went on strike in 2002 for 10 days at the Golden Gate hotel-casino in downtown Las Vegas.
Persons: Ted Pappageorge, Pappageorge, Bethany Khan Organizations: Vegas, Virgin Hotels, Culinary Workers Union, Virgin, Virgin Las, Culinary Union, Workers Locations: Virgin Hotels Las Vegas, Nevada, Virgin Las Vegas, Vegas, Golden, Las Vegas
CNN —Frances Tiafoe has been fined $120,000 for his profanity-laden outburst at a chair umpire during the Shanghai Masters last month. The incident occurred at the Shanghai Masters in October during Tiafoe’s defeat to Russian Roman Safiullin. Dude, that’s the rule,” Tiafoe could be heard saying towards chair umpire Jimmy Pinoargote, arguing that he had thrown the ball in the air for a serve. In response, Pinoargote said: “I’m not buying it, it’s the second serve,” before also announcing it was Tiafoe’s second serve on the microphone. “That’s not acceptable behavior and I want to apologize to the umpire, the tournament and the fans.”
Persons: Frances Tiafoe, tennis –, Tiafoe, , Jimmy Pinoargote, Pinoargote, , Safiullin, ” Tiafoe, Instagram Organizations: CNN, Shanghai, tennis, Shanghai Masters, Locations: Russian
At 50, Jennie Young started using several dating apps and felt that they were all toxic. The Burned Haystack Dating Method began as an academic project and now has a Facebook group with over 128,000 members. In February 2023, she started a Facebook group for the Burned Haystack Dating Method. Articles from 2024 alone included: "It's Not You: Dating Apps are Getting Worse" in The New York Times; "America is Sick of Swiping: Dating Apps are Falling Back to Earth" in The Atlantic; and "Why Gen Z is Ditching Dating Apps" in Time. The project evolved into a new dating method that I named the Burned Haystack Dating Method.
Persons: Jennie Young, Young, , I'm, I've, swiped, swipes, it's, Albert Fox Cahn, Cahn, respresentive, Bumble Organizations: Service, University of Wisconsin, The New York Times, Facebook, Match Group, Match Locations: Green, The
Rome CNN —The ancient Colosseum in Rome has witnessed some historic battles, with toga-clad crowds once packing the gigantic venue to watch gladiators slug it out against opponents including lions and baboons. On one side of the arena is holiday rental giant Airbnb and the Colosseum Archaeological Park, which oversees the ruined structure, which is one of Rome’s most visited attractions. You will become a gladiator,” promises the AirBnB advertisement. “A publicity stunt by Airbnb which, after having effectively taken possession of the historic center, completely distorting it and turning it into a large tourist park, now wants to ridicule the Colosseum,” he said Friday. Federico Mollicone, a member of her party who heads the Lower House of Parliament’s Culture Commission said he applauds the innovative idea.
Persons: , Ridley Scott, , Massimiliano Smeriglio, ” Smeriglio, Smeriglio isn’t, Erica Battaglia, Vatican’s, Trevi, Enzo Foschi, ” Airbnb, Giorgia, Brothers, Italy, Federico Mollicone Organizations: Rome CNN, Paramount, CNN, Rome’s Culture, UNESCO, Democratic Party, overtourism, Italian, Culture Commission, Culture, Ministry of Culture Locations: Rome, Eternal
Jamie Dimon says bankers are "dancing in the street" because they expect Donald Trump to cut regulations. President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with eliminating government waste. AdvertisementJamie Dimon says Wall Street is whooping with joy at the prospect of Donald Trump tearing up regulations and revitalizing the banking industry in his second term. AdvertisementExcessive regulation in the US is "a shame, and we're doing this to ourselves, and it's a mistake," Dimon said. The president-elect wrote that DOGE's goal would be to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."
Persons: Jamie Dimon, Donald Trump, Trump, Elon Musk, Vivek Ramaswamy, , they've, Dimon Organizations: JPMorgan, Service, APEC, Summit, Bloomberg, of Government Locations: Lima , Peru
AdvertisementWinnie Thompson got pregnant at 16 and gave birth to her son at 17. Her son left for college in a different state, and she finds herself in a unique life transition. AdvertisementI got pregnant when I was 16 and gave birth to my son two weeks after I turned 17 years old. Now he's off to college, and I'm trying to figure out what to do next with my life. By the time my son was in high school, I had become an entrepreneur.
Persons: Winnie Thompson, , St . Louis, Marwin, it's Organizations: High, American University Locations: Atlanta, St ., Washington ,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGeneral setup for risk assets is 'pretty positive', says Goldman Sachs' Peter OppenheimerPeter Oppenheimer, Goldman Sachs chief global equity strategist, joins 'Money Movers' to discuss the expected economic environment, if it's harder to make recommendations on stocks outside the U.S. right now, and much more.
Persons: Goldman Sachs, Peter Oppenheimer Peter Oppenheimer Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaul vs Tyson breaks record for biggest boxing gate outside of Las VegasNakisa Bidarian, founder of BAVAFA Sports and co-founder of Most Valuable Promotions, joins CNBC's 'Closing Bell Overtime' to discuss the Jake Paul vs Mike Tyson fight, the stakes of the fight for Netflix and streaming, and more.
Persons: Paul, Tyson, Bidarian, Jake Paul, Mike Tyson Organizations: BAVAFA Sports, Netflix Locations: Las Vegas
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona. The binding contract — after a preliminary agreement announced in April — is the first major award to be completed under the $52.7 billion program created in 2022. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030. TSMC also agreed to use its most advanced chip manufacturing technology called "A16" in Arizona.
Persons: Amber Wang, , Donald Trump, TSMC, naysayers, Gina Raimondo Organizations: Taiwan Semiconductor Manufacturing Company, Center, U.S . Commerce Department, Taiwan Semiconductor Manufacturing Locations: Hsinchu, AFP, Phoenix , Arizona, Arizona, United States
That's the view of Caroline Cai, CEO of U.S.-based Pzena Investment Management. "This is really for the first time in the last seven, eight years where we think you're getting paid to expose yourself to China," Cai told "CNBC Squawk Box Asia" this week. The investment firm has ramped up its exposure to Chinese equities in the last two years. "It's not because we have a particularly positive view on longer term Chinese macro, we kind of think things are pretty challenging. "Our view is, if the risk is obvious to everyone, at least you're getting paid to take some exposure," she added.
Persons: Caroline Cai, Cai, we're, Adam Coons, CNBC's Organizations: Pzena Investment Management, CNBC, Winthrop Capital Management, People's Bank of China Locations: China
Ben & Jerry's filed a lawsuit against its parent company, Unilever, on Thursday. It claims Unilever stopped it from making 4 public statements supporting Palestinians. Unilever rejected the claims, saying it would defend its case "very strongly." AdvertisementBen & Jerry's is taking legal action against its parent company, Unilever, saying it was prevented from speaking out in support of Palestinians. Ben & Jerry's said that in doing so, Unilever repeatedly prevented the company from fulfilling its social mission and breached a settlement agreement.
Persons: Jerry's, , Benjamin Netanyahu, Ben, Bernie Sanders, Jerry, Sen, Sanders Organizations: Unilever, Service, US Southern District of, Business, Palestine, Israel, Senate Locations: US Southern District of New York, Gaza, Israel, Europe
Cramer outlines how investors should position themselves for the week ahead'Mad Money' host Jim Cramer breaks down how investors should position themselves for next week, what to expect from Walmart and Lowe's earnings, and more.
Persons: Cramer, Jim Cramer Organizations: Walmart
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demandTed Decker, The Home Depot president and CEO, joins CNBC's 'Squawk Box' after reporting quarterly results.
Persons: Ted Decker, We're Organizations: Home, Home Depot
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAsian Development Bank's Kubo discusses the $120 billion cumulative climate finance target for 2030Toru Kubo, senior director for climate at Asian Development Bank, says "we've been doing everything we can" to mitigate and adapt solutions to the most vulnerable countries.
Persons: Bank's Kubo, Toru Kubo, we've Organizations: Asian Development Bank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOklo CEO Jacob DeWitte: Broad support for nuclear from the Trump administrationJacob DeWitte, Oklo co-founder and CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, DeWitte's expectations for support from the new administration, and much more.
Persons: Jacob DeWitte, Trump, Oklo
DTEK CEO discusses what Trump's election win means for Ukraine
  + stars: | 2024-11-15 | 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 EmailDTEK CEO says he’s hoping for more investment in Ukraine's energy sector from the U.S.Maxim Timchenko, Ukrainian energy giant DTEK CEO and Ukraine's minister of environment, discusses what Donald Trump's election win means for the country.
Persons: he’s, Maxim Timchenko, Donald Trump's Locations: U.S
Companies brace for tariffs
  + stars: | 2024-11-15 | 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 EmailCompanies brace for tariffsCNBC's Megan Cassella joins 'Squawk Box' to discuss how companies are bracing for the impact from Trump's potential tariffs.
Persons: Megan Cassella
We've compiled everything you need to know about where to watch UConn vs. UNC, including live streaming options for those without cable. Where to watch UConn vs. UNC in the USThe UConn vs. UNC game will tip off on Friday, November 15 at 6 p.m. The game won't be available on ESPN Plus, but cord-cutters can still catch an ESPN2 live stream through a live TV streaming service. Sling TV is the cheapest way to watch the UConn vs. UNC game. Check price at ExpressVPNHow to watch UConn vs. UNC with a VPNSign up for a VPN if you don't have one.
Persons: Paige Bueckers, We've, we've, ExpressVPN Organizations: Business, UConn, UNC, University of Connecticut, University of North, Huskies, ESPN2, ESPN, DirecTV, ESPN3, DirecTV Stream Locations: North Carolina, University of North Carolina
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