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Lawyers for Washington state will have past grocery chain mergers – and their negative consequences – in mind when they go to court to block a proposed merger between Albertsons and Kroger. Albertsons and Kroger own more than 300 grocery stores in the state and control more than half of grocery sales there. They are trying to get the case dismissed, arguing a state court isn’t the proper venue to consider a nationwide ban. Albertsons and Kroger insist that their plan, including the sale of stores to C&S, will lower grocery prices and preserve competition. In 2016, Albertsons acquired a Haggen supermarket and then promptly closed an Albertsons store about a mile away in Birchwood.

Persons: general's, Haggen, ”, Tina McKim, Bob Ferguson, Kroger, Brad Weber, Locke, Judge Marshall Ferguson, Ferguson, Weber, McKim, ” McKim, “, She’s Organizations: Albertsons, Kroger, Federal Trade Commission, S Wholesale Grocers, Safeway, Fighters, Democrat, King County Superior Court, Walmart, Costco, U.S, FTC, Associated Press Locations: Washington, Oregon, Colorado, Bellingham , Washington, Washington —, Bellingham's Birchwood, King County, Seattle , Washington, Dallas, Birchwood

☆ The strike could cost Boeing more than $1 billion. But that could be the least of its problems
▼ + stars: | 2024-09-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

How long the strike lasts will determine how serious the problems are for Boeing. Boeing has a long way back to profitability, no matter how long the strike lasts. So as bad as the strike might be for Boeing, it has plenty of other problems to deal with. So even with financial problems that might kill another company, Boeing isn’t going anywhere. The strike could last a whileNegotiations between Boeing, the union and federal mediators are expected to resume early this week.

Persons: Brian West, Boeing’s, Fitch, Moody’s, Poor’s, Richard Aboulafia, ” Aboulafia, ” Jim Bloomer, Max, “, you’ve, ” Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Airbus, CNN Locations: New York, Washington, Renton , Washington

Bryan Kohberger, the man accused in the murders of four University of Idaho students, was transported by plane Sunday morning from the Idaho county where he was being jailed to another county where his trial will be held. Latah County District Judge John Judge had ruled in favor of lawyers for Kohberger, 29, who argued a trial in Latah County would be unfair because of the intense pretrial publicity creating a "mob mentality" against the defendant. "While the issue of extensive, sensationalized coverage is not unique to Latah County," Judge added, "it is potentially more impactful given the volume of coverage coupled with the smaller population." Despite the change, Latah County prosecutors and Kohberger's public defenders are expected to remain through the trial. Some of the victims' families have expressed frustration over the trial's delay and had pressed for the case to remain in Latah County so that its residents could represent the jury.

Persons: Bryan Kohberger, John Judge, Judge, Steven Hippler, Kohberger, Madison Mogen, Kaylee Goncalves, Xana Kernodle, Ethan Chapin, —, Goncalves Organizations: University of Idaho, Prosecutors, U.S . Constitution, Washington State University, Authorities Locations: Idaho, Latah County, Ada County, Boise, Ada, County, U.S ., Pullman, Washington, Kohberger

☆ Elon Musk has beef with the FAA. The agency still puts in a lot of work for him.
▼ + stars: | 2024-09-15 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

A SpaceX spokesperson did not respond to a request for comment sent during the weekend. AdvertisementIn an interview on Monday at the All-In Summit, Musk mocked the FAA for the time it has taken the agency to approve SpaceX launches. An FAA spokesperson did not respond to a request for comment sent during the weekend. Unfortunately for the FAA, Musk isn't doling out any points for trying. Murray defended his office against claims from SpaceX and Musk that the agency was needlessly delaying the launch of Starship.

Persons: —, Elon, Musk, Steven Kulm, Daniel Murray, Murray, There's, Trump, Christian Grose, I'm, they're Organizations: Service, Federal Aviation Administration, SpaceX, Business, FAA, Elon, Biden Administration, New York Times, Transportation Office, Global Aerospace Summit, Bloomberg, Summit, Twitter, University of Southern Locations: DC, University of Southern California

☆ What this Boeing strike is really all about
▼ + stars: | 2024-09-14 | by ( Allison Morrow | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track. If Boeing were any other business — and not a too-big-fail half of a global duopoly — it almost certainly would have declared bankruptcy. Years of pent-up resentment over Boeing’s mismanagement, combined with pandemic-era inflation and a resurgent labor movement, made this strike inevitable. Ahead of the strike, Ortberg urged workers not to strike while acknowledging their anger over nearly two decades of past contracts that downsized their retirement and health care benefits. Almost exactly one year ago, the United Auto Workers union won historic guarantees from the Big Three automakers after a seven-week strike.

Persons: —, ”, Richard Aboulafia, James McNerney, Aboulafia, Kelly Ortberg, missteps, Ortberg, Jon Holden, “, — who’ve, Dave Calhoun’s, Holden, haven’t, ” Holden, Sharon Block Organizations: New, New York CNN, Boeing, SpaceX, International Association of Machinists, United Auto Workers, Big, UAW, hardball, Harvard Law School’s Center for Labor Locations: New York, January’s, Renton , Washington, Seattle, Virginia, South Carolina, Washington, United States

☆ Where Are the Squat Racks? Gyms Are Rushing to Remodel for Strength-Training
▼ + stars: | 2024-09-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +14 min

Related storiesThe boom of strength training in 2020Australian personal trainer Kayla Itsines developed the uber popular "Sweat with Kayla" app. "The 20-somethings, the 40-somethings, the 60-somethings will all be gravitating towards strength training, just because of the benefits it provides." They're branding themselves as more of a high-intensity training equipment provider than just a stair-climbing apparatus provider these days. Strength training is ideal for extending your "play span," your ability to keep doing what you love as you age. "What strength training really affords people is to make age just feel like a number," he said.

Persons: you'll, Mauro Maietta, that's, Kenneth Cooper, Arnold Schwarzeneggers, it's, Richard Simmons, Evan Hurd, Pete McCall, Kayla Itsines, Kayla, Kira Stokes, Kaisa Keranen, they'd, Pamela Kufahl, Kufahl, Gen Z, there's, —, they're, you've, Antonio Villalba, McCall, Clive Brunskill, Chris Travis, Jim Rowley, MoMo, JDI, Priscilla Del Moral, JDI's, Miriam Fried, MF, she's, Del, Natalia Mehlman Petrzela Organizations: Venture, Business, Sports, Fitness Industry Association, Crunch Fitness, Kids, Health & Fitness Association, Amazon, Health, Fitness, Getty, Seattle, New, Crunch, Athletech News, New School, Brands, Core Health Locations: Manhattan, L.A, Barre, Orange, New York City, New York

☆ Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time
▼ + stars: | 2024-09-14 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

AdvertisementBut Americans are not a monolith, as Jefferies consumer strategist Carey Kaufman pointed out in a note to clients Tuesday. Heading into the autumn, a considerable number of those in the bottom quintile appear to be running on borrowed time. Dollar Tree, which owns Family Dollar, reported similar consumer headwinds during its quarterly earnings this month. "What we noticed was an even tighter core consumer at the very last week of each of the months in Q2," he said. "While that's always a tighter week of the month for our core consumer, it was by far the weakest."

Persons: —, Carey Kaufman, Ted Vasos, Vasos, David Bellinger, Ryan Grimsland, Will Stengel, Ally, Russell Hutchinson, paychecks aren't, that's, Bellinger Organizations: Service, Walmart, Costco, Business, Jefferies, Goldman, Global Retailing, Mizuho, Reuters, Federal Reserve Locations: U.S

☆ 6 major differences between Netflix's 'The Perfect Couple' and the book it's based on — including a dramatically altered ending
▼ + stars: | 2024-09-14 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +7 min

Merritt's death is accidental in the bookMeghann Fahy as Merritt Monaco in "The Perfect Couple." Jack Reynor as Thomas Winbury, Dakota Fanning as Abby Winbury in "The Perfect Couple." The bride-to-be is called Celeste, not AmeliaEve Hewson as Amelia Sacks in "The Perfect Couple." Greer's scandalous past has been invented for the showNicole Kidman as Greer Winbury in "The Perfect Couple." Will, the youngest brother, doesn't exist in the bookSam Nivola as Will Winbury in "The Perfect Couple."

Persons: —, Amelia Sacks, Eve Hewson, Benji Winbury, Billy Howle, Merritt Monaco, Meghann Fahy, Greer Garrison Winbury, Nicole Kidman, Liev Schreiber, Elin Hilderbrand's, Jenna Lamia, Susanne Bier, Hilary Bronwyn Gayle, Lamia, Dakota Fanning, Thomas, Jack Reynor, Abby, Merritt, It's, ingests, Thomas Winbury, Abby Winbury, that's, Greer, Celeste, Amelia Eve Hewson, Celeste Otis, Netflix's, Kidman, That's, Isabel Nallet, Featherleigh Dale, Shooter Dival, Nikki Henry, Donna Lynne Champlin, Greer Winbury, Broderick Graham, Tommy Flanagan, doesn't, Sam Nivola, Will Winbury, Liam Daniel, Winbury, Will, Abby wouldn't, Amelia Organizations: Service, Business, Netflix, London Zoo Locations: Nantucket, British

☆ Georgia Lt. Gov. Burt Jones won’t face charges in 2020 election interference case
▼ + stars: | 2024-09-13 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

A special prosecutor announced Friday that Georgia Lt. Gov. Burt Jones will not be charged over efforts to overturn Donald Trump’s electoral defeat in the 2020 presidential election. Jones had denied wrongdoing in the case and blasted Willis in a statement Friday. Trump and more than a dozen other people were indicted in August 2023 on state felony charges in Georgia tied to efforts to overturn the 2020 election results. The case remains on hold over efforts to disqualify Willis in her role as prosecutor.

Persons: Burt Jones, Donald, Peter Skandalakis, Jones, Joe Biden, Mike Pence, ” Skandalakis, Fani Willis, Skandalakis, Willis, “, ” Jones, Trump Organizations: Gov, ’, of, Trump, College, Atlanta Judicial, Attorney’s Office, Futon, Attorney’s Locations: Georgia, of Georgia, Fulton County

☆ Lil Wayne says Super Bowl snubbed him for halftime show: ‘That broke me … it hurt a lot’
▼ + stars: | 2024-09-13 | by ( ) www.nbcnews.com time to read: +3 min

Nearly a week after Kendrick Lamar was announced as the headliner of the Super Bowl Halftime show, New Orleans native Lil Wayne has admitted that not being chosen for the spot “broke me.”“That hurt, it hurt a lot,” he said in a video statement posted on Friday morning to Instagram. Almost immediately after Lamar, a Los Angeles native, was announced as the headliner for the 2025 Super Bowl Halftime show, uproar began online over him being chosen instead of Wayne. Complicating the situation further, Super Bowl entertainment is overseen by Jay-Z’s Roc Nation company, although the NFL and the city of New Orleans also played a role in the pick. Your words turned to arms and held me up when I tried to fall back.”“(Not being picked) hurt — it hurt a lot,” Wayne continues. “Kendrick Lamar is truly a once-in-a-generation artist and performer,” Jay said of Lamar in the Super Bowl Halftime announcement on Sunday.

Persons: Kendrick Lamar, Lil Wayne, ”, “, I’m, ” Wayne, Lamar, Wayne, Nicki Minaj, Drake —, Wayne —, Drake, Jay, Joe, Fabolous, —, they’ve, Jay’s, Beyoncé, Kamala Harris ’, Beyonce, “ Kendrick Lamar, ” Jay Organizations: Super, Nation, NFL, Lamar, Jay Locations: New Orleans, Los Angeles, Miami, New Jersey

☆ Boeing strike 2024: IAM union members set to strike early Friday after vote against proposed deal
▼ + stars: | 2024-09-13 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +6 min

New York CNN —Union members at Boeing overwhelmingly rejected a proposed a four-year contract with the troubled aircraft manufacturer, authorizing the first strike at the company in 16 years, said the International Association of Machinist (IAM) union. It also increased job security for union members, because Boeing promised to build its next commercial jet, which has yet to be announced, at a unionized plant. But 95% of members of the IAM union voted against the deal. In a separate vote 96% voted to authorize a strike, easily clearing the two-thirds threshold needed to approve a walkout. Boeing has nearly 150,000 US employees, including the 33,000 IAM union members.

Persons: ”, Jon Holden, Kelly Ortberg, “, Max, Holden, we’ve Organizations: New, New York CNN — Union, Boeing, International Association of, IAM, Alaska Airlines, Federal Aviation Administration, US Justice Department Locations: New York, Alaska

☆ China to raise its retirement age for the first time in decades
▼ + stars: | 2024-09-13 | by ( Nora Redmond | ) www.businessinsider.com time to read: +1 min

China will raise its retirement age to address a declining population and shrinking workforce. The new retirement age will be 63 for men and between 55 and 58 for women. AdvertisementChina will gradually raise its retirement age in response to an aging population, shrinking workforce, and to relieve pressure on its pension system. Under the plan, men's retirement age in the country will rise to 63 from 60. While women in blue-collar jobs will see their retirement age increase from 50 to 55 and 55 to 58 for women in white-collar positions.

Persons: — Organizations: Service, Business Locations: China

☆ For decades, Chinese workers have retired relatively early. That’s about to change
▼ + stars: | 2024-09-13 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —For decades, Chinese workers have wrapped up their working lives at relatively young ages: 60 for men and as early as 50 for women. The announcement sparked immediate widespread discussion – and backlash – across Chinese social media. Some social media users appeared encouraged that the changes weren’t more drastic and included some flexibility. Major protests erupted in France in 2023 in response to a government attempt to raise the retirement age from 62 to 64. Even for those of working age, employment remains a steep challenge following the pandemic and a raft of government-led industry crackdowns in recent years.

Persons: ”, Yuan Xin, Yuan, Demographers, It’s Organizations: Hong Kong CNN, Xinhua, Communist Party, Weibo, China Population Association, Nankai University, for Economic Co, Development, Social, Communist, Ministry of Civil Affairs, Chinese Academy of Social Sciences, Employers Locations: Hong Kong, Beijing, China, Tianjin, France, Communist China

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Persons: Fiona, Insider’s, You'll, PenFed, you've, Trustpilot, you'll Organizations: First Tech Federal Credit Union, Financial, Tech, First Tech, First Technology Federal Credit Union, Tech Federal Credit Union, Google, Apple Stores, Better, nab, Microsoft, Intel, State of, Computer History, Association, Social, . Navy Federal Credit, Navy Federal Credit Union, Navy Federal, Department of Defense, Navy Federal Credit, PenFed, you'll, First Tech Credit, Tech Credit Union, First Tech Credit Union doesn't, Better Business Bureau, First Tech Credit Union, Chevron, History Locations: Oregon, Lane County , Oregon, State of Oregon

☆ China raising its retirement age may be unpopular but it's much needed, analysts say
▼ + stars: | 2024-09-13 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +4 min

Economists have long called for an overhaul of the nation's retirement age laws, currently among the world's lowest, which was set in an era of lower life expectancies. Raising the retirement age would help ease local governments' pension pool cash crunch, Sheana Yue, an economist from Oxford Economics said. Still, "more needs to be done to improve retirement adequacy," Maybank's Tay said, while stating that China needs a stronger pension plan and diversified investment avenues to ensure sustainable retirement savings. China's Ministry of Human Resources and Social Security has added a few tools for citizens to check their indicated retirement age on its website and mobile app. China may roll out "another round of delay in the late 2030s, especially if China's pension fund balance is tight," Xu cautioned.

Persons: Erica Tay, Tay, Bruce Pang, Tianchen Xu, Xu, Yue, Maybank's Tay Organizations: Getty, Maybank Investment Banking Group, CNBC, Economist Intelligence Unit, Oxford Economics, Academy of Social Sciences, China's Ministry of Human Resources, Social Security Locations: Fuyang, China, JLL, Beijing

☆ Federal judge allows prediction market Kalshi to offer betting on upcoming US elections
▼ + stars: | 2024-09-12 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +3 min

CNN —A federal judge made way on Thursday for legal political gambling in the United States, rejecting a federal watchdog’s last-minute effort to delay a prediction market from offering bets on the November elections. She also denied a request by the government during Thursday’s hearing to block Kalshi from offering contracts pending its appeal. The CFTC has argued that the contracts count as illegal gambling and that it doesn’t have the resources to monitor them. Its chairman, Rostin Behnam, has also warned that election contracts would “ultimately commoditize and degrade the integrity” the electoral process. Luana Lopes Lara, a co-founder of Kalshi, celebrated the decision on Thursday, writing on X, “WE’RE LIVE.” The CFTC declined to comment.

Persons: Jia Cobb, “, ” Cobb, Kalshi, Rostin Behnam, Luana Lopes Lara, ” Organizations: CNN, Senate, Futures Trading Commission, DC, Kalshi, CFTC Locations: United States, Washington ,, Kalshi, New York

☆ Federal appeals court denies Trump’s request to delay sentencing in hush money case
▼ + stars: | 2024-09-12 | by ( Kara Scannell | ) edition.cnn.com time to read: 1 min

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☆ Elon Musk and SpaceX are beefing with regulators over Starship's launch delay
▼ + stars: | 2024-09-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Elon Musk is in another fight with regulators — this time over SpaceX's Starship rocket. Musk's rocket company slammed the FAA over a delay in receiving approval for its next Starship launch. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSpaceX and Elon Musk are beefing with regulators over the next launch of Starship, the rocket Musk plans to use to take humans to Mars.

Persons: Elon Musk, Musk, —, X Organizations: SpaceX's, FAA, Service, SpaceX, Elon, Federal Aviation Administration, Business

☆ UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines
▼ + stars: | 2024-09-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

David Dee Delgado | ReutersDETROIT – Stellantis ' U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company's recent sales declines, factory production cuts and other decisions they deem detrimental to the automaker's business. "The market share of your brands has been slashed nearly in half, Stellantis stock price is tumbling, plants are closing, layoffs are rampant, and key executives fleeing the company. We will continue to work with our dealers to avoid any public disputes that will delay our ability to deliver results." Stellantis reported a record profit in 2023, but so far this year, the automaker reported a first-half net profit of 5.6 billion euros ($6.07 billion), down 48% from the same period of 2023. It's part of his "Dare Forward 2030" plan to increase profits and double revenue to 300 billion euros ($325 billion) by 2030.

Persons: Carlos Tavares, David Dee Delgado, Tavares, Kevin Farrish, Farrish, Ford Stellantis, Stellantis, Shawn Fain, Kamala Harris, Tim Walz, Rebecca Cook Organizations: New York, Auto, Reuters DETROIT, United Auto Workers, Chrysler, Dodge, Investor, Bloomberg, Stellantis, GM, Fiat Chrysler, France's PSA Groupe, UAW, U.S, Democratic Locations: Manhattan , New York, U.S, Virginia, Romulus , Michigan

☆ Jensen Huang says if 'anything were to happen' in Taiwan, Nvidia could have GPUs made somewhere else
▼ + stars: | 2024-09-12 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

When Nvidia CEO Jensen Huang spoke to Goldman Sachs CEO David Solomon on Wednesday, the banker raised this relationship — and how precarious it is due to rising tension in the Taiwan Strait. This story is available exclusively to Business Insider subscribers. Last year, Huang said he felt "perfectly safe" relying on manufacturing in Taiwan. Though Samsung has some of the same capabilities required to produce the most advanced chips, TSMC is the clear leader. Huang went on to praise TSMC for scaling up to meet the demand that created Nvidia's "hockey stick" earnings in recent years.

Persons: —, Jensen Huang, Goldman Sachs, David Solomon, Solomon, Huang, Dylan Patel, Chris Miller, TSMC, Patel Organizations: Service, Nvidia, Wednesday, Business, Samsung, Intel, SEC, Blackwell Locations: Taiwan, Asia, China, Pacific, TSMC, South, Arizona

☆ Former FTX exec Ryan Salame returns to court after waffling on guilty plea
▼ + stars: | 2024-09-12 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024. Former FTX executive Ryan Salame is back in court on Thursday, as Judge Lewis Kaplan looks for answers about the back-room dealings that led to Salame's criminal plea deal, which resulted in a 7.5-year prison sentence. Bond, who was previously a lawyer with the SEC, was indicted in August on campaign finance charges tied to her unsuccessful run for Congress in 2022. The four-count indictment against Bond was unsealed a day after Salame, the father of their nine-month-old child, asked Kaplan to void his plea. But Salame quickly reversed course, submitting a motion to the court within days to withdraw the petition to vacate his guilty verdict.

Persons: Ryan Salame, Lewis Kaplan, Sam Bankman, Kaplan, Salame, Michelle Bond, Bond, Fried Organizations: FTX, Salame, Manhattan U.S, Attorney's, SEC, Prosecutors Locations: New York City, U.S, Salame's

☆ An around-the-world cruise that's stuck at port is kicking off passengers who complain
▼ + stars: | 2024-09-12 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Unfortunately, she was kicked out before she could fulfill her world cruise aspirations. "They didn't just complain, they outright threatened with media unless they get what they want," Mikael Petterson, the founder and CEO of Villa Vie, told BI in an email. "That's how much I had wanted a world cruise." But she was kicked off before Villa Vie Odyssey could set sailOther buyers have begun moving onto the residential cruise ship. So far, Villa Vie has repaid her almost $8,000, with another about $7,400 still pending — still a few thousand short of her $18,600.

Persons: —, Jenny Phenix, — Phenix, Bonny Kelter, Mikael Petterson, Vie, Kelter, Villa Vie, Bonny, Petterson, Phenix, Villa, she's, aren't, Fred Olsen Cruise, Fred Olsen's, Angela, Stephen Theriac, Kathy Villalba, Stephen Theriac Petterson, hasn't Organizations: Service, Business, Residences, Sea Cruises, Villa Vie, Villa, Fred Olsen Cruise Lines, Norwegian Cruise, Security Locations: Europe, Asia, Australia, South, North America, Africa, Palm Beach , Florida, Braemar, Norwegian, Florida

☆ Boeing faces strike threat as union members vote on tentative labor deal today
▼ + stars: | 2024-09-12 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +7 min

Among other benefits increases, the contract would increase union members’ pay by last least 25% over four years. Union members have launched a series of protests this week outside of Boeing plants and may ultimately reject the new contract union leaders negotiated with Boeing management. The deal will be officially approved if more than 50% of the members vote in favor of the tentative agreement. That would prevent a strike, no matter how many workers vote to strike. If just more than a third of members vote against a strike, then the contract takes effect, no matter the results of the ratification vote.

Persons: we’ve, Kelly Ortberg, Jon Holden, ” Holden, Ortberg, “, ”, Holden Organizations: New, New York CNN —, Boeing, Union, Alaska Airlines, International Association of Machinists, IAM, The Seattle Times, CNN Locations: New York, Oregon, Seattle, What’s, Washington

☆ Nvidia chips are in such high demand that customers are 'emotional,' Huang said
▼ + stars: | 2024-09-12 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewNvidia CEO Jensen Huang said that a shortage of his company's products is making customers "emotional" and that things are tense. Huang, dubbed the King of AI, said the demand for Nvidia's products is so high because everyone wants to get them first — and they want a lot. He added, "Demand is so great that delivery of our components, our technology, infrastructure, and software is really emotional for people." "We probably have more emotional customers today. In August, Nvidia sparked worries that its next generation of AI chips, Blackwell , would be delayed by two to three months.

Persons: —, Jensen Huang, Huang, Goldman Sachs, Blackwell Organizations: Service, Business, Nvidia, Meta, Microsoft, Google, Blackwell Locations: San Francisco

In her first public comments since being stripped of a bronze medal she appeared to have rightfully won, Olympic gymnast Jordan Chiles on Wednesday said she’s still seeking “justice” and “peace." Chiles, speaking at the Forbes Power Women’s Summit, said the situation regarding the disputed medal has taken a severe emotional toll. “At this rate, it’s not really about the medal, it’s about my peace and my justice,” the 23-year-old said at the conference. Once that scoring error was corrected, Chiles vaulted into third place and the bronze medal. "No matter what, I'm always going to have those accolades with me and I'm going to continue to shine bright in the ways that I'm going to shine bright, because the star is never going to get dimmed."

Persons: Jordan Chiles, she’s, ”, Chiles, ” Chiles, she's, “, Cecile Landi, Romanian Ana Bărbosu, Black, I'm Organizations: Forbes Power Women’s, Games, IOC, Sport Locations: Romanian, Paris, Tokyo

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