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☆ 'We need lower interest rates' in Europe says Illimity CEO
▼ + 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 Email'We need lower interest rates' in Europe says Illimity CEOIllimity Bank founder and CEO Corrado Passera joins Squawk Box to discuss the lender's latest earnings and the wider banking sector.

Persons: Corrado Passera Organizations: Illimity Bank Locations: Europe

☆ As heat levels climb, so do power bills. Here’s how you can keep costs down
▼ + stars: | 2024-07-04 | by ( Erika Tulfo | ) edition.cnn.com time to read: +5 min

But on the tail of a record-breaking heatwave that swept the Midwest and Northeast, she’s finding it difficult to keep costs down. Americans’ power bills are expected to soar this summer, as heat waves have already begun baking parts of the country. But keeping your AC off when you’re not home may actually result in higher bills later on. In an aerial view, high voltage power lines run along the electrical power grid on May 16, 2024, in West Palm Beach, Florida. A higher rating indicates lower energy consumption levels and, in turn, lower costs of cooling.

Persons: Emma Corrado, “, ”, Corrado, Annie Carforo, Carforo, Anthony Behar, SIPPL, Jamie McShane, Con Edison, ” Carforo, you’re, Mark Wolfe, Wolfe, Joe Raedle, ” McShane, Con, ” Wolfe Organizations: CNN, University of Wisconsin -, WE ACT, Environmental Justice, Costco, Department of Energy, National Energy Assistance, Association Locations: University of Wisconsin - Madison, Midwest, Madison , Wisconsin, York, Queens, New York City, NY, New York, acclimate, West Palm Beach , Florida, Bronx , Brooklyn, Manhattan, Westchester

☆ Election Updates: Trump heads to Michigan, fresh from a birthday in Florida.
▼ + stars: | 2024-06-15 | by ( Jazmine Ulloa | ) www.nytimes.com time to read: +5 min

He looked genuinely upset earlier this week when his supporters sang an early “Happy Birthday” to him at a rally in Las Vegas. The Biden campaign hit back with an email on Mr. Trump’s birthday, reminding voters that he had fallen asleep at his own trial, a case that resulted in felony convictions. Images of Mr. Trump playing golf and sitting behind the resolute desk were painted into the icing. “I’ll never forget that Bibi Netanyahu let us down,” Mr. Trump said then. At the rally in Las Vegas, Mr. Trump had, in a rare moment of introspection, riffed about his old age.

Persons: “ Donald, ” Ivana Trump, ”, “, ’, Biden, Corrado Soprano, Mr, Trump, ” James Singer, Robert, Marie Brenner, Liza Minnelli, Billy Crystal, Ronald Reagan, Robin Leach, Rich, Dolly Parton, Elton John, Andrew Dice Clay, George H.W, Bush imitator, Trump’s, Eartha Kitt, Marla Maples, Qassim Suleimani, “ Nobody’s, ” Mr, you’ve, Benjamin Netanyahu, Israel —, “ I’ll, Bibi Netanyahu, Elizabeth Trump, Elizabeth, She’s, Marco Rubio, “ I’m, Rubio, ” Kellyanne Conway, House Republicans serenaded Organizations: Trump, Biden toddling, Biden, Mr, Republican, Capitol, House Republicans Locations: Las Vegas, Europe, Newark, “, Palm Beach, Fla, Atlantic City, N.J, Trump’s, Trump, New York, Beach, Gen

☆ It’s Donald Trump’s 78th Birthday. He Isn’t Happy About It.
▼ + stars: | 2024-06-14 | by ( Shawn Mccreesh | ) www.nytimes.com time to read: +1 min

“Donald hates his birthdays,” Ivana Trump once said of her ex-husband. He looked genuinely upset on Sunday when his supporters sang an early “Happy Birthday” to him at a rally in Las Vegas. “You know,” he told them, “there’s a certain point at which you don’t want to hear ‘Happy Birthday.’ You just want to pretend the day doesn’t exist.”No doubt. The Trump team spent the week blasting out selectively edited videos of Mr. Biden toddling around Europe, looking like Corrado Soprano lost in Newark. “Biden was seen staring off into the distance and wandering around like a brain-dead zombie,” said Karoline Leavitt, a Trump campaign press secretary.

Persons: “ Donald, ” Ivana Trump, ”, “, ’, Biden, Corrado Soprano, “ Biden, Karoline Leavitt Organizations: Trump, Biden toddling Locations: Las Vegas, Europe, Newark

☆ Illimity CEO: 'Not enough action' on the future of the European economy
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Corrado Passera, the founder and CEO illimity, speaks to CNBC Class ahead of the 2024 Influence Relevance & Growth Conference at the SDA Bocconi School of Management in Milan.

Persons: Corrado Passera, illimity Organizations: CNBC, SDA Bocconi School of Management Locations: Milan

☆ Google is rolling out new AI models for health care. Here's how doctors are using them
▼ + stars: | 2023-12-13 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

Google said it also plans to introduce health-care-specific versions of Gemini , the company's newest and "most capable" AI model, to MedLM in the future. For instance, HCA Healthcare , one of the largest health systems in the U.S., has been testing Google's AI technology since the spring. Google's MedLM suite can then take those transcripts and break them up into the components of an ER provider note. "What I would say right now, is that the hype around the current use of these AI models in health care is outstripping the reality," Schlosser said. "We're being very cautious with how we approach these AI models," he said.

Persons: Gupta, Aashima Gupta, MedLM, Greg Corrado, Corrado, Dr, Michael Schlosser, Google's, Schlosser, That's, " Schlosser Organizations: Google, Microsoft, CNBC, HCA Healthcare, Nurses, HCA Locations: MedLM, Med, U.S

☆ WestJet to shut down Sunwing Airlines
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: 1 min

June 17 (Reuters) - WestJet group is planning to wind down low-cost carrier Sunwing Airlines and integrate it into its main business, according to a memo seen by Reuters. The move is part of the integration process by WestJet which completed the acquisition of Sunwing airlines in May. Once the integration is complete, all Sunwing employees will continue to have employment with Westjet, said Len Corrado, President, Sunwing Airlines, in the internal memo sent to the employees. The news was first reported by Canadian Press in CBC. Our Standards: The Thomson Reuters Trust Principles.

Persons: Westjet, Len Corrado, Gokul, Divya Rajagopal, Allison Lampert Organizations: Sunwing Airlines, Reuters, Canadian Press, CBC, Thomson Locations: Bengaluru

☆ Dr. Chatbot will see you now
▼ + stars: | 2023-06-06 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

Almost invariably, the chatbot answers were rated as three or four times as reliable as the ones from the poor wee humans. But here's the most striking part: The chatbot answers, on average, were rated seven times as empathetic as the ones from humans. It's as if the unfeeling android Mr. Data figured out how to convincingly emulate Dr. Crusher's comforting bedside manner. Give those medical chatbots access to people's individual medical records, and they could offer more precisely directed advice. Healthcare AI startups will want the cheapest versions with the most financial bang, which won't necessarily have the best patient outcomes.

Persons: feely, San Diego lurked, I'm, ChatGPT, John Ayers, Ayers, —, chatbot, they're, That's, They're, Teva Brender, Brender, Jonathan Chen, Greg Corrado, isn't, Adam Rogers Organizations: University of California, UC San Diego, Pew Research Center, Harvard, Google, Stanford University School of Medicine, Food and Drug Administration, Healthcare Locations: San Diego, San Francisco

☆ Basic rules of banking seem to be forgotten in the U.S. banking system, says illimity Bank CEO
▼ + stars: | 2023-05-15 | 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 EmailBasic rules of banking seem to be forgotten in the U.S. banking system, says illimity Bank CEOCorrado Passera, CEO of illimity Bank, discusses the contrast between the U.S. and European banking systems.

☆ SVB bank collapse would not have happened in Europe: illimity Bank CEO
▼ + stars: | 2023-03-17 | 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 EmailSVB bank collapse would not have happened in Europe: illimity Bank CEOCorrado Passera, CEO of illimity Bank, says that's partly because of the "pervasive controls" that have been applied in the continent.

☆ Should expect increase in non-performing loans in 2023, argues Illimity bank CEO
▼ + stars: | 2023-02-13 | 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 EmailShould expect increase in non-performing loans in 2023, argues Illimity bank CEOCorrado Passera, CEO of Illimity bank, outlines the bank's earnings after the Italian lender slashed its guidance for 2023 despite strong fourth-quarter numbers.

☆ Italy seeing strong growth and political clarity: Illimity Bank CEO
▼ + stars: | 2022-11-11 | 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 EmailItaly seeing strong growth and political clarity: Illimity Bank CEOCorrado Passera, CEO of illimity Bank, discusses the lender's third-quarter earnings, his outlook for the Italian economy, and how two decades of work have prepared the Italian banking sector for challenges ahead.

"When you run a business, if you keep hearing on the news that gas supplies are at risk, you've got to do something. It's not like you can start screaming and stamping your foot when they actually do halt flows for two hours a day," Checchi told Reuters. Higher prices contributed to the 16.2% rise in manufacturing turnover Italy reported in July on a calendar adjusted basis, but volumes also increased by 1.7%. "We invested 10 million euros to build two cogeneration plants and save 4 million euros this year," he said, adding Italcer saved another million by reducing the tiles' thickness to 8.5 from 10 millimetres. Italian business lobby Confindustria has warned of an "economic earthquake", saying the new government will struggle to offset the hit from energy prices on firms like Draghi managed to do without hurting Italy's fragile public finances.

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