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☆ Read the casual emails between Elon Musk and Sam Altman that kicked off OpenAI
▼ + stars: | 2024-11-16 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

AdvertisementElon Musk amended his lawsuit against OpenAI and Sam Altman, adding Microsoft as a defendant. Musk included emails between himself and Altman from 2015 in which they discussed starting OpenAI. Elon Musk unveiled several emails between himself and fellow billionaire Sam Altman this week as evidence in the Tesla CEO's lawsuit against Altman and OpenAI, shining a light on the casual beginnings of the now-$157 billion company. Musk helped found OpenAI in 2015 but has frequently criticized the company and its leaders in the years since. The SpaceX CEO left the AI startup in 2018.

Persons: Elon Musk, Sam Altman, Musk, Altman, OpenAI, Sam Musk, Bill Gates, Pierre Omidyar, Dustin Moskovitz, we'd, Peter Thiel, I've, Semafor Organizations: OpenAI, Microsoft, Business, SpaceX, Google, YC, Manhattan Project

☆ Three in four Europeans support the use of AI by police and military, study says
▼ + stars: | 2024-10-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid's IE University shared with CNBC. "European Tech Insights," which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of AI technologies such as facial recognition and biometric data by the police and military for surveillance purposes. The extent of the support is perhaps surprising, as Europe holds some of the strictest data privacy regulations in the world. The level of support for the use of AI in public service tasks, such as traffic optimization, was even higher, according to the report, coming in at 79%. However, when it comes to sensitive matters, like parole decisions, most Europeans (64%) oppose the use of AI.

Persons: Ikhlaq Sidhu Organizations: Madrid's IE, CNBC, Tech, European Union, Data, of Science, Technology Locations: Europe

☆ Luxury stocks have gotten a huge boost from China's stimulus this week
▼ + stars: | 2024-09-27 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

European luxury stocks have struggled this year amid weak Chinese demand. AdvertisementEuropean luxury stocks rallied sharply this week as a wave of Chinese stimulus measures spurred hopes of more spending. On Monday, the day before the stimulus measures were announced, Bank of America analysts cut their price objectives on luxury stocks by an average of around 20%. They also downgraded four luxury stocks to neutral, and another from neutral to underperform — leaving just three luxury stocks at buy ratings. Now, it seems investors are banking on the stimulus measures to bring luxury spending back to the country.

Persons: Cartier, —, Burberry, Hugo Boss Organizations: Hermes, Service, Bank of America Locations: China, EU, Japan

☆ Manchester City vs the Premier League – explaining the 115* charges and how long the case will take
▼ + stars: | 2024-09-16 | by ( Jacob Whitehead | ) www.nytimes.com time to read: +20 min

The hearing which will decide whether Manchester City broke 115* of the Premier League’s financial rules begins today (Monday) in London. It has been a long time coming — over 18 months since the Premier League announced its investigation had escalated into charges in February 2023. This is The Athletic’s guide to the 115* alleged charges (yes, we will explain the asterisk). AdvertisementIf the commission finds on “the balance of probabilities” that this was not the case, City will be found guilty. Should the Premier League rules be shown to be unlawful, their argument that City have broken those rules is significantly weakened.

Persons: ”, Pep Guardiola, Naomi Baker, we’ve, Buckle, Der Spiegel, —, Abu, Roberto Mancini, Yaya Toure, City’s, Sheikh Mansour —, Al, Mancini, Abu Dhabi’s Al, Sheikh Mansour, Toure, Sheikh Mansour’s, City, “, Pep, Justin Setterfield, What’s, “ What’s, Eamonn Dalton Organizations: Manchester City, Premier, Premier League, Champions League, FA, Everton, Nottingham Forest, Forest, City Football Group, League, Der, City, Al, Sheikh Mansour’s Abu Dhabi United Group, The Premier League, UEFA, Sport, Premier League —, Newcastle United, Saudi, Investment Fund, British, The Times, Athletic, League KCs Locations: London, City, Abu Dhabi, Al Jazira, Abu, Abu Dhabi’s Al Jazira, Sheikh Mansour’s Abu Dhabi, European, Der Spiegel

A brave mom who was attacked by a grizzly bear while jogging said her 2-year-old daughter was her inspiration to survive. Vanessa Chaput, 24, of Yukon, Canada, recovered in the hospital after a grizzly bear attack that required more than 30 stitches. Courtesy Dave Leegstra"I spotted the male that would attack me first ... and two smaller bears about 10 feet away from me,” she said. Luna ripped away from Chaput and chased the two smaller bears away, leaving Chaput alone with the male bear. She doesn’t know why the smaller bears didn’t attack Luna, but she suspects her mighty bark scared them away.

Persons: ” Vanessa Chaput, TODAY.com, Chaput, Luna, Vanessa Chaput, Dave Leegstra, ”, ” Chaput, “, ” Vanessa Chaput’s, Leegstra, “ Mommy, Luna — Organizations: Apple Watch, Yukon, Trans Locations: Yukon, Canada, Haines, Pine, Campground, Ontario, Chaput’s, Chaput, Alaska, Pine Lake, Alberta

☆ Their son did well in high school and on his SATs, but got rejected from 30 US colleges. So they set their sights on Europe.
▼ + stars: | 2024-07-24 | by ( Erin Liam | ) www.businessinsider.com time to read: +7 min

Jacob applied to Toulouse Business School and received an interview within two days. She had graduated cum laude from high school and had a good chance of getting into colleges in California, Jennifer said. AdvertisementBut Phoebe already had a taste of the European college experience. AdvertisementAccording to U.S. News & World Report, tuition fees at private universities have increased by 40% from 2004 to 2024, while in-state tuition fees for public universities have risen by about 38% over the same time period, adjusted for inflation. Multiple benefits to studying abroadFor the Zeidberg family, the lower tuition fees in Europe were an added bonus.

Persons: —, Lou Zeidberg, Lou, Jacob, Jennifer, Europe Jacob, He's, Phoebe, Isabella Ambrosio, Ambrosio, Dalia Goldberg Organizations: Service, University of California, California State University, Business, Toulouse Business School, IE University, IE, Law, International Relations, U.S . News, College Board, YouGov, BI, UC Locations: Berkeley, San Diego, California, Netherlands, Toulouse, France, Europe, Monterey Bay , California, Morocco, Saudi Arabia, Cyprus, Spain, U.S, Chicago, Ireland, American, Philadelphia, Montreal

☆ John Deere backs away from diversity and inclusion efforts after a conservative backlash
▼ + stars: | 2024-07-18 | by ( Associated Press | ) edition.cnn.com time to read: +7 min

NEW YORK AP —John Deere says it will no longer sponsor “social or cultural awareness” events, becoming the latest major US company to distance itself from diversity and inclusion measures after being targeted by conservative backlash. The move from the company known on Wall Street as Deere & Co. arrives just weeks after rural retailer Tractor Supply ended an array of its corporate diversity and climate efforts. Both announcements came after backlash piled up online from conservative activists opposed to diversity, equity and inclusion efforts, sponsorship of LGBTQ+ Pride events and climate advocacy. “If it’s so polarizing that people just abandon it, then we all lost.”Legal attacks against companies’ diversity, equity and inclusion efforts have also drawn more attention following the Supreme Court’s 2023 ruling to end affirmative action in college admissions. That doesn’t mean companies will stop their DEI efforts entirely, she added, but they may have to change language or find new workarounds.

Persons: John Deere, Robby Starbuck, Starbuck, John Deere’s, it’s, ”, Eric Bloem, John Boyd , Jr, John C, Deere, Bud Light, aren’t, SHRM, Johnny C, Taylor, Jr, Jen Stark, Donald Trump, Stark Organizations: Deere, Co, Tractor Supply, Conservative, Human Rights, Associated Press, Supply, Human, ”, Black Farmers Association, Deere &, Labor Department, Target, Society for Human Resource Management, LinkedIn, AP, Center for Business, Social, Heritage, Republican Locations: The Moline , Illinois, Brentwood , Tennessee, BSR, U.S

☆ My mom hated my nickname. It took me going by it when I went to college for her to accept it.
▼ + stars: | 2024-06-01 | by ( Jacqueline Lekachman | ) www.businessinsider.com time to read: +4 min

Read previewOn her porch in Pittsburgh, my hometown friend Annabel asked, "Remember when your mom yelled at my mom for calling you Jackie?" My mom didn't like my nicknameFor a decade, my mom and I fought over my nickname. I went by Jackie only in certain settings away from my momTo avoid fighting, I only went by Jackie in certain settings. Seven hours away from my mom and my past, I used my nickname with friends, professors, and supervisors. My mom's openness to Jackie helps me appreciate the elegance of Jacqueline and the fact that my mom chose it for me.

Persons: —, Annabel, Jackie, untraditional, Jacqueline, we'd, — I've Organizations: Service, Business Locations: Pittsburgh

☆ 5 best exercises for building upper-body muscle when you're short on time at the gym, according to a top coach
▼ + stars: | 2024-03-25 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +7 min

Here are five upper body exercises to hit to grow your arms, shoulders, chest, and back. Related stories"It's going to work upper back muscles, it's going to work your lats, it's going to work your traps," Wilson said. "So the more you can get crossover between muscle groups being used within one exercise, the more you're going to maximize your time efficiency factor." AdvertisementThink about rep range to maximize timeIf time is of the essence, assess what rep range you're working in. Advertisement"It's challenging enough with a heavy load where you're not knocking out rep after rep after rep, and then you're not going to need huge recovery time," Wilson said.

Persons: —, Cliff Wilson, Wilson, it's, they're, Vladimir Sukhachev, they've, You've Organizations: Service, Research Locations: pecs, triceps

☆ 17 celebrities you probably didn't know were Irish
▼ + stars: | 2024-03-14 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

Nicole Kidman has Australian, Hawaiian, Scottish, and Irish influences in her life. Jordan Strauss/AP ImagesWhen you think of Kidman, the first thing you think of might be her Australian accent. Speaking to Independent.ie in 2014, Kidman said her father's ancestors traveled from Ireland to Australia as free settlers in 1839. We come from the line of the Callaghors and, obviously, how I look, you know, I have Irish skin," Kidman said. Kidman famously starred in "Far and Away" — with an Irish accent — alongside her then-husband Tom Cruise in 1991.

Persons: Nicole Kidman, Jordan Strauss, Kidman, Tom Cruise Locations: Ireland, Australia, Northern Ireland

☆ The rise of 'zombie' VCs puts startups that took funding from them in a difficult spot
▼ + stars: | 2024-03-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

What's on deckAdvertisementBut first, zombie, zombie, zombie-ie-ie-ie. AdvertisementThat's why zombie VCs pose such a problem for the industry. Sussing out the prudent investor from the penniless one takes time and effort, two things startups can't necessarily afford when times are tough. AdvertisementIs having a zombie VC as an investor the equivalent of a scarlet letter? If a partner jumps ship from a zombie VC, startups they backed will be in a tough spot.

Persons: —, here's, Insider's Ben Bergman, Ben, it's, Alyssa Powell, Morgan Stanley, Goldman Sachs, Ray Dalio isn't, Sundar Pichai, Marissa Mayer, Yahoo's, Cory Doctorow, He's, Smashmallow, they've, Jack Teixeira, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, BI, Bridgewater, Bank of America, Trading, Google, Canadian, Singapore Locations: There's, Silicon Valley, British, Singapore, Israel, New York, London, Chicago

☆ Markets want to see a 'one-round' Indonesia election, says Maybank Sekuritas Indonesia
▼ + stars: | 2024-02-14 | 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 EmailMarkets want to see a 'one-round' Indonesia election, says Maybank Sekuritas IndonesiaWilianto Ie, president director of Maybank Sekuritas Indonesia, says markets will react positively to a one-round election, but the focus will then shift to the make-up of the Cabinet.

Persons: Maybank, Ie Organizations: Markets Locations: Indonesia

☆ Here are Monday's biggest analyst calls: Netflix, Nvidia, Apple, Meta, Lowe's, Walmart, Target, Pepsi & more
▼ + stars: | 2024-02-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Lowe's to overweight from neutral JPMorgan said investors should buy the stock ahead of earnings later this month. JPMorgan reiterates Netflix as overweight JPMorgan said it's standing by its overweight rating on shares of Netflix. Loop reiterates Meta as buy Loop raised its price target on the stock to $550 per share from $440. Loop reiterates Alphabet as hold Loop raised its price target on the stock to $155 per share from $140. " UBS reiterates Target as buy UBS says Target shares are "compelling."

Persons: Evercore, it's, wouldn't, Rivian, Piper Sandler, Piper, Jefferies, Willis Towers Watson, URBN, Morgan Stanley downgrades Hershey, Morgan Stanley, Morgan Stanley downgrades XPO, Stifel, Raymond James downgrades, Raymond James, Melius, Roth, Guggenheimer, Guggenheim Organizations: Apple, Barclays, Walmart, EV, JPMorgan, generics, UFC, WWE, Netflix, Citi, Willis, PepsiCo, PEP, LT, UBS, Urban Outfitters, Google, 4Q, Bulls, Target, Bank of America, of America, Bank of America downgrades Duke Energy, Duke Energy, Brands, Nvidia, Deutsche Bank, Industries, Deutsche, SilverBow Resources Locations: U.S, Bank of America downgrades, NWL, Republic, Mohawk

Shanker also raised his price target to $80 from $75, suggesting nearly 34% downside from Friday's close. — Spencer Kimball 8:16 a.m.: Loop Capital upgrades Corteva, touts growth acceleration in 2025 Corteva's stronger-than-expected 2024 full-year guidance will jumpstart a period of strong growth, according to Loop Capital. The firm upgraded the agricultural chemicals company to buy from hold and increased its price target to $65 from $57. Analyst Jay Sole upgraded Urban to neutral from sell and upped his 12-month price target by $20 to $41. Kaufman's $183 price target indicates roughly 6.3% downside for shares, which have fallen more than 18% over the past year.

Persons: headwinds, Morgan Stanley downgrades XPO, Morgan Stanley, Ravi, Shanker, — Michelle Fox, Julien Dumoulin, Smith, Duke's, — Spencer Kimball, Chris Kapsch, Kapsch, Brian Evans, Cassie Chan, they'll, Chan, —, Jay Sole, URBN, Sole, Urban's, — Pia Singh, Filippo Falorni, Falorni, Hershey, Stanley, Pamela Kaufman, Kaufman's, Hershey's, Kaufman, Graham Doyle, Doyle, Piper Sandler, David Amsellem, Amsellem, Amsellam, Christopher Horvers, Jan, Horvers, Fred Imbert, Dan Levy, Levy Organizations: CNBC, Barclays, Automotive, JPMorgan, Corp, Bank of America, Bank of America downgrades Duke Energy, Duke Energy, Duke, Wall, America, UBS, Urban Outfitters, Free People, Urban, Citi, PepsiCo, Citi Research, Pepsi, Hershey, GE Healthcare Technologies, UBS GE Healthcare Technologies, Pharmaceutical, Teva Pharmaceutical, Federal, Barclays downgrades Rivian, Rivian Automotive, North American EV Locations: Bank of America downgrades, GEHC, David Amsellem U.S

Historically, Asian Americans have been stereotyped as more brains than brawn or treated as foreigners in U.S. sports. Growing up Asian and Black American or “Blasian” in Orange County, California, Remigio didn't feel a sense of belonging. Historically, in U.S. sports, Asian American men have been treated as outsiders and their masculinity questioned. Asian Americans are always kind of troubling and in this liminal space of a black-white binary, even in sports.”Arnaldo, who co-edited the book “Asian American Sporting Cultures,” said it makes business sense for the NFL to try to appeal to Asian American spectators. There are at least two dozen NFL players of Asian or Pacific Islander descent, according to AMAZN HQ, an online hub curating news on Asians and Asian Americans in sports.

Persons: Nikko Remigio, Travis Kelce, Taylor Swift, haven't, grandpa —, ”, Remigio, HEE, Manumalo, Troy Polamalu, Tua Tagovailoa, Muasau, Jake, “, ” Muasau, “ They’re, ” Remigio, Constancio Arnaldo Jr, ” Arnaldo, Eugene Chung, Younghoe Koo, Camryn Bynum, Bynum, Instagram, they're, Tang Organizations: Nikko, Super Bowl, Kansas City Chiefs, NFL, The League, Las Vegas, Pacific, Asian American Foundation, New York Giants, Tennessee Titans, Pittsburgh Steelers, Miami Dolphins, University of Nevada, Sporting, Football, NBA, Major League Baseball, Korean, The Institute, Diversity, Pacific Islanders, Atlanta Falcons, South, Minnesota Vikings Locations: Las Vegas, Philippines, Kansas, Pacific, Hawaiian, Hawaii, Tua, he's, Orange County , California, Asia, Mexican American, South Korea, California, Berkeley, Phoenix, @ttangAP

☆ Apple wants to know what developers really think about its App Store changes. It may regret asking.
▼ + stars: | 2024-02-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewApple is about to find out what developers really make of its App Store shake-up . The iPhone maker has started to offer 30-minute online consultations to any app maker seeking to give feedback on a raft of controversial changes made to its App Store last month . To address lawmakers' concerns, Apple set about allowing third-party app stores onto iOS. AdvertisementFor one, it can expect to hear strong thoughts about rules dictating which third-party app stores will be allowed onto its operating systems. That said, it's still open to talk about topics including alternative distribution on iOS, alternative payments in the App Store, and more.

Persons: —, Tim Sweeney, Daniel Ek, Don Emmert, Sarah Bond, Apple, Sweeney, It's, Zach Meyers, it's Organizations: Service, Union's, Business, Apple, EU, Epic, iOS, Getty, Center, European Locations: Cupertino , London, Singapore, AFP, @Zach_CER

☆ A remote Irish island is looking for 2 people to run its guesthouses this summer — but the managers say it isn't an easy holiday job
▼ + stars: | 2024-01-17 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +5 min

Billy O'Connor and Alice Hayes told Business Insider that their company, The Great Blasket Island Experience, is hiring two caretakers to run their operations on Great Blasket Island from April 1 to October 1. The couple's company offers tours and accommodation on the Great Blasket Island. The Great Blasket Island is the largest. the couple told BI. Great Blasket Island can only be accessed during the summer.

Persons: —, Billy O'Connor, Alice Hayes, Emily Campbell, Daniel Regan, O'Connor, Hayes Organizations: Service, Business, The Irish Times, BI, Irish Times, Irish Locations: Ireland, Blasket, Canadian

☆ 7 weird jobs that are well-paying but nobody knows about, according to a viral Reddit thread
▼ + stars: | 2023-11-30 | by ( Aria Yang | ) www.businessinsider.com time to read: +5 min

A Reddit user asked what are weird jobs nobody knows about but pay well. AdvertisementA Reddit user asked which jobs were relatively unknown but lucrative and the post went viral. Teeth designerA Reddit user said he makes teeth on a computer using CAD/CAM software for dental laboratories. Artificial flavor makerOne Reddit user wrote, "My dad was a master flavorist. Reddit user solarblack wrote, "My Aunt and her daughter both do seasonal work as hand pollinators and harvesters.

Persons: Redditors, —, IndependenceNo2060, Loreo1964, die_lahn, solarblack Organizations: Service, Business, Heineken

☆ Alphabet CEO Sundar Pichai defends Google's search deals in antitrust trial
▼ + stars: | 2023-10-30 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The lack of competition in general search tools, the government argues, deprives consumers of improved quality and choice. In that version, Microsoft planned to build search into its toolbar so that users did not need to download separate extensions to search from that part of the browser. The search engine for that module would be determined by whatever users picked in the previous version of IE. Pichai testified that to his knowledge, "not a single user" used the IE setting in the earlier version of the browser to change the search engine from Microsoft's. Google had "proposed instead that users be prompted to select the default search provider the first time they use the inline search feature," Drummond wrote in the 2005 letter.

Persons: Sundar Pichai, Pichai, Google's, David Drummond, Microsoft's, Brad Smith, Drummond, Meagan Bellshaw, Bellshaw Organizations: Apple, of Justice, Google, Microsoft

☆ Chipotle says it's going to hike prices to help pay for new $20 per hour wage hike for workers in California
▼ + stars: | 2023-10-27 | by ( Grace Dean | Nancy Luna | ) www.businessinsider.com time to read: +4 min

Chipotle separately just raised menu prices by 3%. Minimum wages for fast-food workers in the state will increase to $20 an hour in April 2024 under a new law signed by Governor Gavin Newsom. California's current minimum wage is $15.50 and it's set to rise to $16 in January – more than double the federal minimum wage of $7.25. Chipotle execs said during the company's earnings call on Thursday that it had recently raised menu prices by 3%. Chief Financial and Administrative Officer Jack Hartung told investors that this month's hike "does not consider any part of the California wages that'll happen next year."

Persons: Chipotle, hasn't, —, Gavin Newsom, Chipotle execs, Jack Hartung, Hartung, Erin Wolford, Newsom Organizations: Service, Consumer Locations: California, Chipotle

☆ Web Summit CEO Paddy Cosgrave steps down in wake of controversy over his Israel comments
▼ + stars: | 2023-10-21 | by ( Lakshmi Varanasi | Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Paddy Cosgrave, the CEO of Web Summit, announced Saturday he's stepping down immediately. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementPaddy Cosgrave, the CEO of Web Summit, said Saturday he was resigning with immediate effect. The conference — one of Europe's biggest tech events — is to take place November 13 to 16 in Lisbon, with 70,000 delegates, a Web Summit spokesperson previously told Insider. A representative said a new CEO would be appointed as soon as possible and that the conference would proceed as planned.

Persons: Paddy Cosgrave, Cosgrave, — Organizations: Web Summit, Service, Web, Intel, Siemens Locations: Israel, Geneva, Lisbon

☆ Web Summit CEO Paddy Cosgrave resigns after backlash to Israel-Hamas war comments
▼ + stars: | 2023-10-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

CNN —Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company’s upcoming annual technology conference over his comments on the Israel-Hamas war. On Tuesday, Cosgrave posted a nearly 600-word statement on Web Summit’s blog to apologize and clarify his stance. A spokesperson for Web Summit told CNN that the company will appoint a new CEO as soon as possible. “Web Summit 2023 in Lisbon will go ahead as planned,” the spokesperson added. Cosgrave, 41, co-founded Web Summit in 2009 with David Kelly and Daire Hickey.

Persons: CNN — Paddy Cosgrave, ” Cosgrave, “, ”, Cosgrave, unreservedly, David Kelly, Daire Hickey Organizations: CNN, Web, Big Tech, Ministry of Health, Amnesty, Google, Siemens, Amazon, Web Summit Locations: Israel, Gaza, Geneva, Lisbon

☆ Calls for AI regulations to protect jobs rise in Europe after ChatGPT's arrival
▼ + stars: | 2023-10-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Privately held companies have been left to develop AI technology at breakneck speed, giving rise to systems like Microsoft-backed OpenAI's ChatGPT and Google's Bard. Last year, 58% of people responded to IE University's study saying they think that AI should be regulated. Standing out from the rest of Europe, Estonia is the only country where this view decreased — by 23% — from last year. Generally, though, the majority of people in Europe are favorable of governments regulating AI to stem the risk of job losses. It comes as governments around the world are working on regulation for AI algorithms.

Persons: Google's Bard, Lionel Bonaventure, Ikhlaq Sidhu, Sidhu Organizations: Microsoft, Getty, IE University, IE, SciTech, IE University's, European Union Locations: Europe, Estonia

☆ BlackRock bond chief Rick Rieder manages $2.4 trillion. He shares 5 trades he's most bullish on right now — and 3 criteria that need to be met for him to start buying 10-year Treasurys.
▼ + stars: | 2023-10-02 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

Exchange-traded funds like the Vanguard Short-Term Treasury ETF (VGSH) and the SPDR Portfolio Short Term Treasury ETF (SPTS) also offer exposure. One way to gain exposure to the assets is through funds like the Schwab 5-10 Year Corporate Bond ETF (SCHI) or the iShares Euro Investment Grade Corporate Bond Index Fund (IE). Finally, Rieder said he likes corporate paper, which are essentially short-term bonds issued by corporations. I know what my return is going to be a year ahead — it's going to be 6.5% for single-A issuers. The BlackRock Ultra Short-Term Bond ETF (ICSH) and the Vanguard Short-Term Corporate Bond Index Fund (VCSH) offer exposure to corporate paper.

Persons: Rick Rieder isn't, Rieder, — it's Organizations: CNBC's, Alpha, Bureau of Labor Statistics, of Labor, Exchange, Treasury, Corporate, Index, BlackRock, Bond Locations: BlackRock, New York, Europe, United States

Spanish farmer Miguel Moreno was an early adopter of so-called cover crops. Spain's drought-hit olive oil production slumped to 663,000 tonnes last year, less than half the average of 1.45 million tons recorded in the previous four harvests, according to the government. In January, it began subsidising farmers who use cover crops as part of the new Common Agricultural Policy (CAP). She said the company was pushed both by customers such as Walmart in the U.S. and by regulation to buy olive oil from producers using sustainable practices. Ecology professor Manzaneda is also coordinator of EU-funded project SOIL O-LIVE and is testing methods for coaxing Albacete's degraded earth back to health.

Persons: Chiclana de Segura, Jon Nazca, Andrea Ronca, Miguel Moreno, Angel, Dcoop, Gonzalo Delacamara, Emilio Gonzalez, Antonio Manzaneda, Manzaneda, Olive, Syngenta, Luis Miranda, Domingo, Marco Trevisan, Dean, Simone Rech, Catalonia's Cava, Sebastiano Conti, Charlie Devereux, Antonella, Corina Pons, Keith Weir, Frank Jack Daniel Our Organizations: REUTERS, Companies Southern, VILLANUEVA DEL ARZOBISPO, Farmers, European Union, of Nutrition, Plant Science, IE, Water, University of Cordoba, University of Jaen, European, Walmart, Swiss, Syngenta, EU, TECH, Smart, Milan Polytechnic, University of Brescia, of Agricultural Sciences, Catholic University of Piacenza, Thomson Locations: Olive, Chiclana, Jaen, Spain, ROME, Italy, Madrid, European, France, Germany, Mantua, Andalusia, European Union, U.S, ITALY, Treviso, Venice, Sicily

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