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☆ Intel jumps after WSJ reports Qualcomm approached the struggling chipmaker about a deal
▼ + stars: | 2024-09-20 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

Qualcomm could sell parts of Intel to other buyers to get any deal done, the newspaper added. Intel mostly sells chips for PCs and data center servers, although Nvidia's GPUs have made serious inroads into this lucrative data center business. An "odd" fitSemianalysis chief analyst Dylan Patel said Qualcomm and Intel would be an "odd" fit. "Furthermore, Qualcomm has no ability to turn around the data center business, which is the most important one," he continued. The company's revenue has declined in recent years while rivals like Nvidia, TSMC, and Broadcom are riding the artificial intelligence wave to new heights.

Persons: —, Apple iPhones, Dylan Patel, Patel, Pat Gelsinger, Gelsinger Organizations: Service, Qualcomm, Intel, Wall Street, Business, Nvidia, Apple, Intel's Foundry, TSMC, Broadcom, Amazon Web Services, Gaudi, AMD, UXL, Google

☆ Trump White House Pharmacy Improperly Provided Drugs and Misused Funds, Pentagon Report Says
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Ahmed AbouleneinWASHINGTON (Reuters) - The White House Medical Unit during the Trump administration provided prescription drugs, including controlled substances, to ineligible staff and spent tens of thousands of dollars more on brand-name drugs than what generic equivalents would have cost, a Pentagon report shows. The unit, part of the White House Military Office, did not comply with federal government and Department of Defense guidelines, the report, which was released on Jan. 8, found. Ineligible staffers received free specialty care and surgery at military medical facilities and were provided with prescription drugs including controlled substances, in violation of federal law, the report also found. "The White House Medical Unit's pharmaceutical management practices ineffectively used DoD funds by obtaining brand‑name medications instead of generic equivalents and increased the risk for the diversion of controlled substances," it said. Opioids and sleeping medications were not properly accounted for and were tracked using error-filled or unreadable handwritten records, the report said.

Persons: Ahmed Aboulenein WASHINGTON, Trump, ineffectively, Barack Obama, Donald Trump, Lester Martinez, Lopez, Ahmed Aboulenein, Leslie Adler Organizations: White, Medical Unit, Pentagon, Military Office, Department of Defense, Medical, Military Health

☆ Adam Johnson: Ice hockey players have been ‘stubborn’ about wearing neck protection. That might be about to change
▼ + stars: | 2023-11-10 | by ( Manav Tanneeru | George Ramsay | ) edition.cnn.com time to read: +11 min

CNN —A “crazy amount of emotions” ran through TJ Oshie’s mind as he watched footage of what would be American hockey player Adam Johnson’s final moments on the ice. The English Ice Hockey Association has announced that all players must wear neck guards from the start of next year, and the Pittsburgh Penguins, Johnson’s former NHL team, are mandating neck guards for their minor league players, coach Mike Sullivan has said. In the NHL, neck guards – let alone neck coverings of any kind – are not a common sight. “I think there is a machismo within ice hockey where you’re seen as being something less if you choose to wear more protective equipment,” ice hockey broadcaster Seth Bennett tells CNN Sport. Warroad’s neck guards are fitted with Kevlar and steel components, ensuring that they have enough stiffness to stay upright and offer effective coverage around the neck.

Persons: ”, Adam Johnson’s, Johnson, Oshie, –, ” Oshie, “, “ I’m, Johnson’s, Mike Sullivan, Bruce Bennett, Tanyka Rawden, Seth Bennett, Bennett, Gary Bettman, Stanley, ” TJ Oshie, Patrick Smith, Jason Olden, Olden, we’ve, it’s, ” Mary, Kay Messier, Messier, aren’t, Teddy Balkind, Richard Zednik, Clint Malarchuk, ” Malarchuk, Rick Stewart, Dr, Mike Stuart, ” Stuart, there’s, Stuart Organizations: CNN, TJ, NHL’s Washington Capitals, CNN Sport, Capitals, New York Islanders, Sheffield, Nottingham Panthers, Panthers, Sheffield Steelers, Ice Hockey Association, Pittsburgh Penguins, NHL, New York Rangers, Madison, Garden, Getty Images, ”, Ice Hockey Federation, USA Hockey, Washington Capitals, Columbus Blue Jackets, “, Bauer Hockey, ” Bauer Hockey, Florida Panthers, Buffalo Sabres, Athletic, Montreal Canadiens, Memorial, Protective, National Hockey League Locations: American, Sheffield, Buffalo

A customer leaves after speaking with FDIC representatives inside of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small Acquire Licensing RightsCompanies Silicon Valley Bank FollowWASHINGTON, Sept 28 (Reuters) - The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to a report from the U.S. Federal Reserve's inspector general. Specifically, the IG said Fed examiners struggled to transition from monitoring the bank as a smaller regional firm to stricter oversight as it rapidly grew in size, applying insufficient resources and expertise to monitoring its activities. Addressing supervisory shortcomings is a top priority for Fed Vice Chair for Supervision Michael Barr and other financial regulators in the coming months. In response to Thursday's IG report, the Fed said it generally agreed with the findings and was already working to implement several of its recommendations.

Persons: Brittany Hosea, ineffectively, Michael Barr, Barr, Pete Schroeder, Mark Porter, Marguerita Choy Organizations: Bank, REUTERS, WASHINGTON, Silicon Valley Bank, U.S, U.S . Federal, IG, Thomson Locations: Santa Clara , California, U.S, U.S .

☆ Germany's Baerbock Joins Chorus Criticizing EU Migration Deal With Tunisia
▼ + stars: | 2023-09-22 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +4 min

By Gabriela BaczynskaUNITED NATIONS (Reuters) - German Foreign Minister Annalena Baerbock joined a growing chorus of critics of the European Union's new migration deal with Tunisia, saying human rights and procedural faults ruled it out as a blueprint for the future. Her letter to the EU executive European Commission highlights the EU's inner conflict between those pursuing ever-tougher policies to stop illegal immigration and others who emphasize humanitarian considerations and labor market gaps. But in her letter dated Aug. 2, Baerbock expressed "incomprehension" at what she said were insufficient consultations with other countries in the 27-nation bloc. 'SERIOUS VIOLATIONS AND ABUSES'Asked to comment on the letters, a European Commission spokeswoman said the EU executive consulted member states enough. On Friday, the EC announced 60 million euros ($64 million) in support for the Tunisian budget and a further 67 million euros ($71 million) in assistance on migration.

Persons: Gabriela Baczynska, Annalena Baerbock, Kais, Giorgia Meloni, Baerbock, Josep Borrell, Borrell, Oliver Varhelyi, Viktor Orban, Meloni, Howard Goller Organizations: Gabriela Baczynska UNITED NATIONS, Reuters, EU, Commission, European Commission, EC, Human Rights Locations: Tunisia, Italy, Netherlands, EU, Tunis, Africa, Egypt, Hungary, East, Geneva, Ukraine

☆ Germany's Baerbock joins chorus criticizing EU migration deal with Tunisia
▼ + stars: | 2023-09-22 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +5 min

[1/2] Migrants rescued at sea walk after disembarking from a vessel, on the Sicilian island of Lampedusa, Italy, September 18, 2023. "Democracy, human rights and the rule of law must guide us in our cooperation - something that was not given suitable consideration, in the agreement with Tunisia," she wrote. "The MoU (memorandum of understanding) with Tunisia cannot become a template for further agreements," she added. 'SERIOUS HUMAN RIGHTS VIOLATIONS AND ABUSES'Asked to comment on the letters, a European Commission spokeswoman said the EU executive consulted member states enough. On Friday, the EC announced 60 million euros ($64 million) in support for the Tunisian budget and a further 67 million euros ($71 million) in assistance on migration.

Persons: Yara, Annalena Baerbock, Kais, Giorgia Meloni, Baerbock, Josep Borrell, Borrell, Oliver Varhelyi, Viktor Orban, Meloni, Gabriela Baczynska, Howard Goller Organizations: Migrants, REUTERS, UNITED, EU, Commission, Reuters, European Commission, EC, Human Rights, Thomson Locations: Lampedusa, Italy, Germany, EU, Tunisia, Netherlands, Tunis, Africa, Egypt, Hungary, East, Geneva, Ukraine

☆ QAnon Shaman, who pleaded guilty and made a heartfelt apology in Jan. 6 case, has changed his mind and wants his plea reversed
▼ + stars: | 2023-07-16 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The QAnon Shaman who pleaded guilty for his January 6 involvement wants to reverse his plea, BBC reported. At least not for the QAnon Shaman who was charged and imprisoned following his participation in the January 6 Capitol riot in 2021. Jacob Chansley once issued a moving apology as he pleaded guilty for his participation in the riot. Now that he's out of prison early, what he regrets now is his guilty plea. "Regrets only weigh down the mind," Chansley told the BBC.

Persons: Jacob Chansley, Chansley, ineffectively, Albert Watkins, Watkins, Donald Trump, Trump, Chansely, Q Organizations: BBC, Service Locations: Wall, Silicon

☆ MBA professors say there is a correct way to schedule your day to get more done. Here are 5 research-backed strategies they recommend.
▼ + stars: | 2023-04-24 | by ( Jessica Love | Kellogg Insight | ) www.businessinsider.com time to read: +9 min

They also say stop jumping around from task to ask and be weary of collaborating with others. Specifically, Maria Ibanez and a colleague have found that inspections that occur later in the day result in fewer violations. Each subsequent hour an inspector conducts inspections during the day results in 3.7% fewer citations per inspection that day, likely due to fatigue. For instance, after an inspection that yielded a particularly high number of violations, inspectors were likelier to spot extra violations at the next joint, too. A study from two Kellogg School professors — Nicola Persico and Rob Bray — tested this idea by altering the way Italian appellate labor court judges schedule court hearings.

LONDON, Nov 11 (Reuters) - Russia's oil export revenues are at much greater risk from a global economic recession than the price cap being planned by the United States and the European Union. Sanctioned petroleum could only be traded freely below the price cap while unsanctioned petroleum could be traded at any price, including prices well above the cap. If the crude cap is set at $60-65 per barrel, while unsanctioned crude trades at $120, the incentives for circumvention will be enormous. Recession and price capping turn out to be complementary approaches rather than substitutes for reducing Russia’s oil revenues. RECESSION AND ALTERNATIVESIn the event of a recession, consumption of crude and diesel would be hit, reducing the call on Russia’s crude exporters and refineries.

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