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☆ Why UnitedHealthcare has reimagined routine health visits — by bringing them to the kitchen table
▼ + stars: | 2024-11-20 | by ( Sponsored Unitedhealthcare | ) www.businessinsider.com time to read: +7 min

HouseCalls provides home visits for UnitedHealthcare Medicare Advantage members where advanced practice clinicians spend 45 minutes to an hour assessing health and social needs. How can health care be provided in a truly integrated, holistic way, addressing not just the patient's physical health concerns but also their behavioral health needs and the social drivers of health? In-depth visits, in-depth insightsA HouseCalls visit is quite different from a clinical appointment in a doctor's office. While the majority of HouseCalls visits focus on general health and wellbeing and address common health concerns in older adults such as high blood pressure, they occasionally take a more dramatic turn and lead to life-saving health care interventions. Learn more about how UnitedHealthcare's HouseCalls can help improve health outcomes by bringing care to patients' doorsteps.

Persons: HouseCalls, Alexander Billioux, Billioux, Susan Sanner, Sanner, — Organizations: UnitedHealthcare, Insider Studios, 2Optum, Income Group Locations: Atlanta

☆ Financial stocks could see a boost under Trump. These names offer solid dividends
▼ + stars: | 2024-11-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Financial stocks are one corner of the market that's set to reap the benefits under a second Trump administration. The bank currently offers a 2.8% dividend yield, and has posted 10.2% dividend growth in the past year. Regions' dividend yield is at 3.8%, and the bank has grown its dividends by 18.9% in the past year. However, consensus price targets suggest a decline just shy of 1% could be in the cards for Regions Financial. Other financial stocks offering solid dividends include investment bank Goldman Sachs and credit card provider Discover Financial Services .

Persons: Trump, Donald Trump, Morgan Stanley, Wells, Mike Mayo, Mayo, Matt O'Connor, Bank of New York Mellon, Robin Vince, Brian Bedell, Goldman Sachs Organizations: Bank, P Bank ETF, Regional Banking, CNBC Pro, Financial, Deutsche Bank, Regions Financial, Bank of New York, Bank of New York Mellon, Discover Financial Services Locations: —

☆ How Trump's rich Cabinet members could save millions thanks to a little-known tax break
▼ + stars: | 2024-11-19 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

AdvertisementTwo of the reported candidates for Treasury Secretary made their fortunes on Wall Street, including billionaire Apollo CEO Marc Rowan. Eligible federal appointees can defer capital gains taxes indefinitely when they sell stock or other assets in order to avoid a conflict of interest. As a top earner in New York, they would normally have to pay more than $3 million in capital gains taxes. The sum that would have been spent on capital gains taxes is now free to compound and grow. The IRS allows investors to defer capital gains taxes in other scenarios that are deemed outside their control.

Persons: Donald Trump's, Trump, Howard Lutnick, Cantor Fitzgerald, Major Trump, Chris Wright, Marc Rowan, Bush, Goldman Sachs, Henry Paulson, George H.W, Bob Willens, You've, Scott Bessent, frontrunners, eyeing Rowan, Kevin Warsh, Morgan Stanley, Warsh, Jane Lauder, Rowan, Ed Renn of Withersworldwide, Penny Pritzker, Mark Parthemer, Willens, Renn Organizations: Commerce, of Energy, Treasury, Executives, Columbia Business School, Federal Reserve, Government, IRS Locations: George H.W . Bush, New York

☆ How to optimize your holiday travel budget on 'Travel Tuesday'
▼ + stars: | 2024-11-18 | by ( Ana Teresa Solá | Ana Teresa Solá Is A Personal Finance Reporter For Cnbc. | ) www.nbcnews.com time to read: +4 min

If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook by Hopper, a travel site. Some last-minute holiday travelers are leaning into so-called “Travel Tuesday” — or the Tuesday after Cyber Monday and Black Friday — which falls on Dec. 3 this year. As you shop, make sure to read the fine print in case discounts only apply for certain routes and days, Dengler explained. “I really encourage travelers to do that exploration now so that on Travel Deal Tuesday, they can be ready to actually book,” she said.

Persons: Hopper, —, ’ ”, Sally French, ”, Phil Dengler, Hayley Berg, Dengler, NerdWallet’s, “ They’re, you’ll, ” Dengler, you’re, Berg, “ Organizations: McKinsey and Company, Travel, Travel Deal, Black

☆ Evercore ISI gives its top tech picks for 2025
▼ + stars: | 2024-11-17 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +6 min

Evercore ISI already named its favorite technology stocks to own heading into 2025. Against that background, Evercore ISI analysts recently picked five tech stocks they're most sure of entering next year. Arista Networks The cloud network equipment company's conservative revenue guidance for 2025 leaves room for upside potential, according to Evercore ISI. Evercore ISI raised its 12-month price target on Arista to $450 from $425, indicating more than 20% upside from Friday's close. International Business Machines IBM is likely to top revenue estimates in 2025, Evercore ISI said.

Persons: ChatGPT, haven't, Evercore, Amphenol, Donald Trump's, Vertiv, — CNBC's Michael Bloom Organizations: ISI, Arista, Arista Networks, Apple, Business Machines IBM, Evercore, IBM, Holdings Vertiv Holdings Locations: CY25, capex, Wallingford , Connecticut, Waterville , Ohio

☆ Why the threat of land degradation will shape international cooperation for decades to come
▼ + stars: | 2024-11-15 | by ( ) edition.cnn.com time to read: +5 min

Extraordinary circumstances have degraded 40% of global land iStockCertain places around the world are already experiencing this at an accelerated rate. And that’s just one state; at present rates, land degradation threatens half of the global GDP. The Economics of Land Degradation also estimated that each dollar invested into land restoration will return up to $30 in value. The threat of land degradation is a shared burden. And a decade after the Changwon Initiative was launched, it has successfully defined Land Degradation Neutrality, enabling 129 countries to align with its principles and work towards zero land degradation.

Persons: COP16 Organizations: United Nations Convention, UN, Changwon Initiative Locations: COP16, Riyadh, Saudi Arabia, Egypt, California, United States, Saharan Africa, Canada, Spain, United Kingdom, Sahel, Africa

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

Acclaimed director David Lynch started smoking at age 8 and now relies on supplemental oxygen for anything more strenuous than a walk across a room, he said in an interview to People, warning people of the dangers of smoking. He also said that he had officially quit smoking two years prior. Despite his current condition, Lynch told People he wouldn’t change a thing about including cigarettes so frequently in his work. "I saw the writing on the wall, and it said, 'You’re going to die in a week if you don’t stop,'" Lynch told People. While he admitted that his current state has been a "big price to pay," Lynch told People, "I don’t regret it.

Persons: David Lynch, Lynch, ” Organizations: Palm

WASHINGTON — Over the last two years, a narrow Republican House majority has fought bitterly over everything from electing a speaker, keeping the government functioning and even passing symbolic messaging bills. Now, Republicans have clinched at least 218 seats to win a House majority, NBC News projects, but it’ll be another small one. “The House has always been a chaotic place, will always be a chaotic place. And here in the Senate, obviously, we continue to have a number of tools to exercise.”There is precedent for a narrow House majority delivering major legislation. ‘Trump is so volatile’Rep. Steny Hoyer, D-Md., a former House majority leader, told NBC News that nobody knows what to expect from the new GOP trifecta.

Persons: it’ll, Donald Trump, Will, it’s, Tony Gonzales, Mitch McConnell, John Thune, Rob Bresnahan, ” Democratic Sen, Chris Van Hollen, Joe Biden’s, “, ”, Dusty Johnson, Robert Garcia, ” Garcia, Rosa DeLauro, “ We’ll, midsession, Biden, Mike Johnson, Richard Hudson, ” Hudson, we’ve, Ken Calvert, ‘ Trump, Steny Hoyer, Trump, ” Hoyer, Mark Pocan, Michael Waltz, Elise Stefanik, they’re, they’ve, ” Pocan Organizations: WASHINGTON, Republican, Republicans, NBC News, ”, Democratic, GOP, Trump, White House, ” Democratic, Senate, 119th Locations: Washington, Texas, Ky, Pennsylvania, Maryland, Connecticut, Ukraine, Russia, North Carolina, R, Los Angeles

☆ One week later – A look at the Trump trades gaining momentum and those that are fading
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The S & P 500 last week scored its best week since November 2023, hitting the 6,000 mark, while the 30-stock Dow Jones Industrial Average climbed above 44,000. Stocks seen as early beneficiaries, among them steelmakers and banks, are losing momentum, while others like Tesla are continuing to climb. Its shares are nearly flat week so far this week. Take a look at the lot: Tesla 's the most popular winner in the group, gaining roughly 21% since Nov. 6, boosted by CEO Elon Musk's close relationship with Trump. Other than Tesla, energy stocks Coterra Energy and Baker Hughes are also moving higher, the latter gaining more than 15% just this month.

Persons: Trump, Donald Trump, Stocks, Tesla, Morgan Stanley, Betsy Graseck, Elon Musk's, Edison Yu, JD Vance, Baker Hughes, Goldman, Citigroup — Organizations: weill, Dow Jones, CNBC Pro, Trump, Caterpillar, Steelmakers Steel Dynamics, JPMorgan, Citizens Financial, Prudential, Republican, Bank of America . Semiconductor, Micron Technology, Arista Networks, Deutsche Bank, Coterra Energy, Bank of America, Citigroup Locations: Wells Fargo

☆ Wedbush’s Dan Ives raises Tesla price target to $400, says Trump win is a ‘gamechanger’
▼ + stars: | 2024-11-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300. A Trump win will further clear the federal regulatory spiderweb that Tesla has encountered over the past few years. A Trump win also means a more bearish outlook for the overall electric vehicle industry, since it is more likely that rebates and tax incentives will be pulled. TSLA YTD mountain TSLA YTD chart

Persons: Dan Ives, Ives, Donald Trump's, Elon Musk, Tesla, Trump, Musk Organizations: Tesla, Trump, Trump White House, EV Locations: Wedbush, China

☆ Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants
▼ + stars: | 2024-11-11 | by ( Grace Kay | Madison Hoff | ) www.businessinsider.com time to read: +12 min

Business Insider secured access to an internal Tesla pay database, covering nearly 100,000 employees as of December 2021. Tesla offers lower base salaries than its tech and automotive peers but offers substantial stock grants. Nine current and former people in engineering and sales said that Tesla's stock grants make it easier to accept lower base salaries. To get a sense of which employees were more likely to take home large grants, BI broke up stock grants based on job category. So far, stock grants have "proven to be better than cash in your pocket."

Persons: Elon Musk's, It's, Tesla, Donald Trump's, —, Zaheer Mohiuddin, ISOs, Greg Selker, Stanton Chase, Selker, Musk, we've, Harley Shaiken, Ford, Shaiken, Drew Baglino, Zachary Kirkhorn, Omead Afshar, Aaron Greenspan, it's Organizations: Business, CNBC, Securities and Exchange Commission, Nvidia, Ford, Meta, Amazon, Apple, Microsoft, BI, Companies, Google, US, Netflix, Big Tech, GM, Musk, Bloomberg Locations: Silicon Valley

☆ I swore I would leave the US if Trump won the 2016 election. Here's how that worked out for me.
▼ + stars: | 2024-11-08 | by ( Sonya Moore | ) www.businessinsider.com time to read: +6 min

Sonya Moore decided that if Trump won in 2016, she would leave the US. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"If Trump wins this election, I'm moving out of the country." Trump won the election, and 9 months later, I left the US. After four months in India, I continued making my way through Asia for eight more months.

Persons: Sonya Moore, Trump, Moore, —, I'm, uproot, Dalai Lama, I've, We've Organizations: Service, Trump Locations: Asia, Siem Reap, Cambodia, India, Dalai, Maldives, Bali, mountaintops, Laos, Philippines, Myanmar, Manhattan, COVID, France, Papua New Guinea, America

Just for the day, US Armed Forces veterans and active-duty members can score Veterans Day discounts and freebies, like free meals, sweet discounts, and more. I've gathered a list of the best Veterans Day discounts and freebies exclusive to US military members. The best Veterans Day freebies and discountsRetailer Veterans Day discountsFree meals and restaurant discounts for Veterans DayWhen is Veterans Day? Veterans Day lands on November 11 every year, making it a Monday this year. Check out our guide to the best teacher discounts for year-round educator offers.

Persons: I've, We've Organizations: Business, US Armed Forces, Day, Veteran

☆ Capitol riot defendants are asking judges to halt their cases, saying Trump promised them pardons
▼ + stars: | 2024-11-06 | by ( Katie Balevic | Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Donald Trump said he'd pardon January 6 rioters if he won the presidential election. Carnell is one of those arrested in the aftermath of the Capitol riot who is now hoping Trump will follow through on a promise of a pardon. Advertisement"President-elect Trump made multiple clemency promises to the January 6 defendants, particularly to those who were nonviolent participants," the filing said. Related storiesThroughout his campaign, Trump described imprisoned January 6 defendants as "political prisoners" who were "ushered in" to the federal building by Capitol Police. "In the beginning, if he does something like that to a couple of defendants, yeah, you'll see a trend," Shapiro said.

Persons: Donald Trump, he's, —, Christopher Carnell, Carnell, Trump, Jaimee Avery, Avery, Mike Pence, Nadia Shihata, Kelly, Shihata, David Shapiro, John Jay, Shapiro Organizations: Service, Capitol, Justice Department, Capitol Police, National Association of Black Journalists, John, John Jay College of Criminal Locations: New York

☆ What Steve Kornacki is watching for tonight: From the Politics Desk
▼ + stars: | 2024-11-05 | by ( The Politics Desk | ) www.nbcnews.com time to read: +5 min

Welcome to an Election Day edition of From the Politics Desk, where we’ll get you set up with everything you need before the results start coming in tonight. Nash County, North Carolina: The county voted for Barack Obama in 2012, Trump in 2016, and Joe Biden in 2020. 🗞️ Today’s top stories 🕛 Final countdown: Harris and Trump made their closing pitches at battleground state rallies on Monday night. Read more → 🔎 Disinfo watch: Election officials, legal experts and researchers are bracing for a flood of disinformation and legal claims as vote counting begins. Read more →Election officials, legal experts and researchers are bracing for a flood of disinformation and legal claims as vote counting begins.

Persons: we’ll, We’ll, Steve Kornacki, Henry, Kamala Harris, Donald Trump’s, Barack Obama, Joe Biden, Hillary Clinton, White, 🗳️, olli, Elon, Harris Organizations: NBC, Trump, Biden, Lackawanna Locations: East Coast, Fayette County , Georgia, Georgia, Atlanta, Fulton , DeKalb, Clayton, Douglas, Cobb, Gwinnett, Rockdale, Newton, Fayette County, Fulton, Peachtree City, Nash County , North Carolina, Raleigh, Nash, Lackawanna County , Pennsylvania, Scranton

Tech billionaire Elon Musk and his business empire stand to reap massive rewards if former President Donald Trump returns to the White House. Elon Musk joins former US President Donald Trump during a campaign event in Butler, Pa., on Oct. 5, 2024. “I love Elon Musk,” Trump said at a rally in July. It’s not clear how Musk and Trump would navigate the ethical questions around a possible government role for the tech billionaire. “He would be in much less trouble in a Trump administration because Trump shares his hostility to regulation and regulators,” Richard Pierce, a law professor at George Washington University specializing in government regulation, told NBC News in an interview earlier this year.

Persons: Elon Musk, Donald Trump, Musk, Trump, Vladimir Putin, SpaceX, ” Musk, Brian Hughes, ”, ” Hughes, Justin Merriman, ” Trump, “, walling, Kamala Harris, Harris, Biden, Larry Krasner, ” Richard Pierce, John Raoux, Angela Aneiros, ” Aneiros, Tesla, There’s, SpaceX countersued, • Tesla, ” SpaceX, Starlink, Justice Department —, Tucker Carlson, Carlson, he’s, SpaceX’s, Kamala Organizations: Tech, Trump, Musk’s, SpaceX, China —, U.S, Wall Street, NBC News, Boeing, Fox News, Bloomberg, Getty Images Trump, D.C, Trump Organization, Budget, America PAC, Philadelphia, George Washington University, Tesla, Co, Kennedy Space Center, Gonzaga University, university’s Center of Law, & Commerce, Justice Department, National, Traffic Safety Administration, Securities and Exchange Commission, Street, Justice, Employment, Commission, National Labor Relations Board, SEC, Twitter, Federal Communications Commission, Federal Aviation Administration, FAA, Safety, Health Administration, NLRB, Reuters, Defense Department, NASA, International, White, National Space Council Locations: China, United States, Taiwan, Ukraine, Washington, Trump’s, Pennsylvania, Butler, Pa, Palm Beach , Florida, Texas, California, Cape Canaveral, Fla, Los Angeles, Austin, Mars

☆ I went on a $7,075 cruise for 9 days. See inside my 344-square-foot suite with a glass sunroom and walk-in closet.
▼ + stars: | 2024-11-05 | by ( Jill Schildhouse | ) www.businessinsider.com time to read: +2 min

I went on a nine-day trip aboard the Scenic Spirit, a luxury river cruise that holds 68 guests. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Enter the luxury river cruise. An all-inclusive river cruise sailing can cost more than triple what you'd pay for a basic cabin on a megaship. This year, I went on one aboard the Scenic Spirit, which holds up to 68 guests.

Persons: —, Siem Organizations: Service Locations: Vietnam, Cambodia

☆ Is this the deal to end Boeing’s crippling 7-week strike?
▼ + stars: | 2024-11-01 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +10 min

New York CNN —More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. And it happened 10 years ago at Boeing, when about two-thirds of members rejected an offer that ended the pension plan. Despite its many problems, Boeing is a major force in America economy, and it is the largest American exporter. Ending the strike is important for Boeing’s new CEO, Kelly Ortberg, who started in the job just five weeks before the strike began.

Persons: it’s, ”, “, John Deere, “ It’s, Brandon Felton, we’ve, Jon Holden, haven’t, ” Holden, you’ve, ’, hasn’t, Lindsey Wasson, Holden, What’s, Max fuselages, David Ryder, they’ve, Kelly Ortberg, Ortberg, “ Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Labor, ” Union, United Auto Workers, CNN, IAM, ”, Anderson Economic Group, Anderson, Reuters, Alaska Airlines Locations: New York, Michigan, Seattle, America

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Wealthy sports fans can now put money into investments tied to their favorite leagues
▼ + stars: | 2024-10-31 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

High-net-worth sports fans can now invest in an index of companies tied to their favorite league. AdvertisementSports fans with money to spare can now reap returns from their favorite leagues thanks to a new investment offering from Morgan Stanley. The Parametric Custom Core Sports League strategy is a portfolio that allows high-net-worth fans to invest a minimum of $250,000 in an index of companies tied to major sports leagues. The offering involves 13 of the biggest sports leagues, from the NFL and NBA to the US Open and Formula 1. Last year, Goldman Sachs unveiled a new unit of dealmakers to pitch investments in teams and stadiums to wealthy clients.

Persons: Morgan Stanley, —, Sandra Richards, Morgan Stanley's, Richards, Marc Lasry, Steve Cohen, Goldman Sachs Organizations: Wall, Service, League, NFL, NBA, US, Women's, Morgan Stanley's Global Sports, Entertainment Division, CNBC, Nielsen Sports, Sports, PGA, Yankees, Citi, JPMorgan

☆ Member Panel: AI for Your Bosses
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

Nearly two years of extreme AI hype has inflated CEO expectations for how quickly their companies can reap its benefits. How can technology executives manage those expectations while continuing to encourage investments? And how do you convince your bosses that AI is being deployed effectively and safely? Guests: Amrit Jassal, Egnyte Co-Founder & CTO & Matt Olson, Burns & McDonnell CIO

Persons: Amrit Jassal, Egnyte, Matt Olson, Burns Organizations: McDonnell

☆ Vista's Robert Smith: How to prevent AI from further widening the racial wealth gap
▼ + stars: | 2024-10-29 | by ( Robert Smith | Ceo Of Vista Equity Partners | ) www.cnbc.com time to read: +5 min

For example, according to a recent McKinsey study, Black Americans are 10% more likely to be working jobs slated for AI automation. If current trends hold, the new wealth created by GenAI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey. That begins with infrastructure that supports AI enablement for all, including education on AI tools, access to the internet and power to compute. SFI has been working hard to close the digital divide in Black communities, including Historically Black Colleges and Universities (HBCUs), 82% of which reside in broadband deserts. This work is bridging access gaps and ensuring that underrepresented talent thrives in the rapidly growing and in-demand field of AI.

Persons: Goldman Sachs, GenAI, Robert Solow, SFI Organizations: Istock, McKinsey, Initiative, Black Colleges, Universities, Vista Equity Partners, Morehouse College Locations: U.S, Black

☆ Commonwealth leaders say ‘time has come’ for discussion on UK slavery reparations
▼ + stars: | 2024-10-26 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

CNN —Commonwealth leaders, ending a week-long summit in Samoa, said on Saturday the time had come for a discussion on whether Britain should commit to reparations for its role in the transatlantic slave trade. The statement also made reference to “blackbirding”, a term for people from places including the Pacific Islands being deceived, coerced or kidnapped to work on plantations in Australia and elsewhere. Those opposed to reparations say countries should not be held responsible for historical wrongs, while those in support say the legacy of slavery has led to vast and persistent racial inequality. The joint statement did not mention what form reparations should take. Stefan Rousseau/Pool/ReutersStarmer told a press conference the joint statement did two things: “It notes calls for discussion and it agrees that this is the time for a conversation.

Persons: Keir Starmer, ”, blackbirding, Stefan Rousseau, Reuters Starmer, we’ve, Kingsley Abbott, Abbott Organizations: CNN, Commonwealth, Government, British, Caribbean Community, African Union, Reuters, Institute of Commonwealth Studies, University of London, Pacific Locations: Samoa, Britain, Australia, Tuvalu

☆ Groq CEO Jonathan Ross reveals strategy to lead AI chip market
▼ + stars: | 2024-10-24 | by ( Hugh Langley | ) www.businessinsider.com time to read: +3 min

While many AI companies have focused on training large language models, Groq seeks to make them run as fast as possible using chips it developed called LPUs, or language processing units. The gambit is that as AI models get better, inference — the part where the AI makes decisions or answers questions — will demand more computing power than training will, positioning Groq to reap the rewards. Groq's special (and tightly patented) sauce is its specialized chip design says Ross. Dean asked Ross's team to design a chip based on a specific type of integrated circuit they were using, and the result was Google's first tensor processing unit, a chip designed specifically for AI. Watching the AlphaGo program land a complex "shoulder hit" move on its opponent was validation for Ross that faster inference meant better, smarter AI.

Persons: Groq, Ross, —, Google's, Jeff Dean, Dean, Ross's, Lee Sedol Organizations: Rivals, Nvidia, Google

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