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☆ AT&T, Verizon stocks pare back losses after hitting decades lows on toxic lead cable investigation
▼ + stars: | 2023-07-18 | by ( Krystal Hur | ) edition.cnn.com time to read: +3 min

That prompted a flurry of downgrades from analysts that in turn helped spur a steep sell-off in telecom stocks. Since the investigation’s publication, AT&T shares have tumbled roughly 14%, Verizon fell 10% and Frontier Communications slid 33%. AT&T shares on Tuesday fell to $13.45, its lowest closing price since 1993. Verizon shares fell 7.5% to $31.46 on Monday to their lowest closing level since 2010 before paring back their losses slightly on Tuesday. Lawmakers have demanded action to further investigate the network of toxic lead cables in the wake of the release.

Persons: JPMorgan Chase, Edward Jones, David Heger, paring, Akin, ” Neil Mack, Democratic Sen, Edward Markey, Jonathan Spalter, ” Markey, USTelecom Organizations: CNN —, Verizon, AT, Bell, Frontier Communications, JPMorgan, CNN, Moody’s Investors Service, Lawmakers, Democratic Locations: United States, U.S

☆ US startups are having a bad year. Relief isn’t coming
▼ + stars: | 2023-07-18 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Across the country, in Silicon Valley, the situation isn’t quite as good. For decades Silicon Valley has been a dominant contributor to the US economy and an integral part of the country’s culture. Bankruptcy filings…less so.”Pitchbook and The National Venture Capital Association’s most recent report on the industry also takes a pessimistic view of the situation. What it means: While startups are certainly far from extinct, there has been a serious culling in Silicon Valley that will likely continue on for some time. Just 19% of venture capital deals were made with startups based in the Bay Area this year; that’s down from 22% in 2020.

Persons: haven’t, Tom Loverro, IVP, Pitchbook, ”, dealmakers, Goldman Sachs, Morgan Stanley, they’ll, they’re, Elizabeth Warren, Tesla, Elon Musk, Ramishah Maruf, Elon, “, ” Warren, funneling Tesla, Warren, Gary Gensler, Linda Yaccarino, Musk, CNN’s Justin Gamble, Bill Clinton, Jonah Bryson, “ We’ve, Michael D, Smith Organizations: CNN Business, Bell, New York CNN, Apple, Microsoft, Venture, National Venture Capital, Goldman, Center for Research, Bank, SEC, Twitter, Securities and Exchange, AmeriCorps, CNN Locations: New York, Silicon Valley, Silicon, Massachusetts, America

☆ Opinion | The House G.O.P. Bomb-throwers May End Up Bombing Their Majority
▼ + stars: | 2023-07-17 | by ( Michelle Cottle | ) www.nytimes.com time to read: +3 min

But with a majority this scrawny, House conservatives are playing with fire. All Democrats need to do is flip a handful of seats to snatch the gavel from Mr. McCarthy’s hand. And many are particular tired of it on the issue of abortion, which drew key numbers of swing voters to Democrats in last year’s midterms. But time and again, Mr. McCarthy’s troops seem dead set on signaling that the G.O.P. Swing voters aren’t generally all that keen on posturing, do-nothing Congresses, either.

Persons: George Santos’s, Nancy Mace, Mace, “ It’s, McCarthy Organizations: Republican, Republicans, Democrats, Politico Locations: MAGA, New York, Alabama, South Carolina

☆ Tour de France stage 14 resumes after big crash
▼ + stars: | 2023-07-15 | by ( Julien Pretot | ) www.reuters.com time to read: +1 min

ANNEMASSE, France, July 15 (Reuters) - There were scenes of tears and pain as the 14th stage of the Tour de France turned into carnage, being halted for 25 minutes after a massive crash at the back of the peloton before two more riders hit the deck hard later on Saturday. The main incident occurred on a slippery descent with 146km left in the stage, with Movistar rider Antonio Pedrero forced to abandon the race after being carried off on a stretcher. In the descent of the Col de Saxel, France's Romain Bardet, second in the 2016 Tour de France, crashed on a bend at 60kph and after a long discussion with doctors, pulled out of the race, hiding tears behind his hands. Chaves's EF EasyPost team mate James Shaw crashed along with Bardet and the Briton was carried away on a stretcher. Reporting by Julien Pretot and Aadi Nair in Bengaluru, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Antonio Pedrero, African Louis Meintjes, Colombian Esteban Chaves, Ramon Sinkeldam, de Saxel, France's Romain Bardet, James Shaw, Julien Pretot, Aadi Nair, Ed Osmond Organizations: Tour de France, de France, Briton, Thomson Locations: ANNEMASSE, France, African, Colombian, Morzine, 60kph, Bengaluru

☆ What the U.S. Risks By Supplying Ukraine With Cluster Weapons - The New York Times
▼ + stars: | 2023-07-10 | by ( The Editorial Board | ) www.nytimes.com time to read: +3 min

Cluster munitions used by both Ukrainian and Russian forces have led to, reportedly, at least dozens of civilian deaths and serious injuries, according to a Human Rights Watch report published Thursday. Specifically, the report said Ukrainian cluster-munition rocket attacks on Russian-controlled areas around the city of Izium in 2022 “caused many casualties among Ukrainian civilians.” (Ukraine denied that cluster munitions were used there.) While it is Ukraine’s decision to choose what weapons it uses in its defense, it is for America to decide which weapons to supply. Sending cluster munitions to Ukraine amounts to a clear escalation of a conflict that has already become far too brutal and destructive. In 2008, the Pentagon set a limit of 1 percent on cluster munitions, and Congress has since banned the use, production or transfer of weapons over that rate.

Persons: “, Abrams, America’s, Russia’s, John Ismay Organizations: Human Rights, Pentagon, Times, Foreign Assistance Locations: Ukrainian, Izium, ”, Ukraine, America, United, Russia, Washington, Vietnam, Afghanistan

☆ A Tangled Past Complicates Poland’s Welcome to Ukrainian Refugees
▼ + stars: | 2023-07-10 | by ( Andrew Higgins | More About Andrew Higgins | ) www.nytimes.com time to read: +1 min

Bound by shared hostility toward Russia’s imperial ambitions and determination to resist the military onslaught ordered by President Vladimir V. Putin, Poland and Ukraine also share painfully entangled pasts. The carnage of 1943 has been a source of tension for decades, but it is now an episode of pressing import as Poland prepares to commemorate its 80th anniversary on July 11. On Sunday, President Andrzej Duda of Poland and President Volodymyr Zelensky of Ukraine visited a church in Lutsk, in western Ukraine, to remember the massacre. Mr. Duda’s office and Mr. Zelensky posted photographs on Twitter from the ceremony, using the same language to pay tribute to the victims. She still resents “that they show no remorse” and has not forgotten the frenzied cries of “kill the Polacks, kill the Polacks” that echoed around her home village when she was 13.

Persons: Vladimir V, Putin, Andrzej Duda of Poland, Volodymyr Zelensky, Zelensky, Osinska, “ Locations: Poland, Ukraine, Warsaw, Lutsk

☆ How AI reshapes the economy: Wall Street legends David Rosenberg and Rob Arnott told us massive upheaval is coming for the job market — and overzealous investors are fueling a stock bubble
▼ + stars: | 2023-07-06 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Both David Rosenberg and Rob Arnott see big disruption coming for the labor market. AI stocks are also overextended amid the current mania, they said. Rob Arnott says AI will evolve rapidly and upend the labor market. He added: "The implications of generative AI on the labor market will be one of upheaval and one of escalating job uncertainty." Beware of an AI-stock bubbleFor Arnott, AI will undoubtedly be good for bottom lines.

Persons: David Rosenberg, Rob Arnott, Rosenberg, Arnott, Tim Boyle, aren't, Merrill Lynch, it's, Tesla, that's, Gluskin Sheff Rosenberg Organizations: Labor, Research, Bloomberg, Getty, North, Rosenberg Research Locations: North American, ChatGPT

July 4 (Reuters) - Mass shootings in Philadelphia, Baltimore and Fort Worth claimed the lives of 10 people ahead of the Fourth of July holiday, officials said, a grim illustration of the United States' decades-long failure to curb gun-fueled violence. In Fort Worth, Texas, three people were killed and eight wounded in a mass shooting following a local festival, police said on Tuesday. Police in Fort Worth said no arrests have been made. Police have said they are seeking multiple suspects in the Baltimore shooting. The United States has been struggling with a large number of mass shootings and incidents of gun violence.

Persons: Fort Worth, weren't, Danielle Outlaw, Shawn Murray, Kanishka Singh, Raphael Satter, Mark Porter Organizations: Fort, Philadelphia Police, Police, United, Thomson Locations: Philadelphia, Baltimore, United States, Fort Worth , Texas, Baltimore , Maryland, Fort Worth, Chicago

☆ Curb Your AI Enthusiasm: Just Look at the Insurtech Carnage
▼ + stars: | 2023-06-28 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/curb-your-ai-enthusiasm-just-look-at-the-insurtech-carnage-702bd1bb

Persons: Dow Jones

☆ A Reuters journalist explores his ancestors’ ties to slavery
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +38 min

It took me a few minutes of research to figure out why I was losing track of the descendants of the people George Julian enslaved. If the racial cleansing of Forsyth County was mentioned, I didn’t notice. Still hopeful that I might be able to somehow identify and locate living descendants of the people my family enslaved, I flew to Georgia last November. Her father was also a butler for a wealthy white family, her mother a cook. In 1860, Osby’s ancestors were enslaved and working the fields of Forsyth County.

Persons: Julian, Abijah’s, George Julian, George, ”, Adaline, –, Abijah, Dick, Lott, Aggy, Henry, Lewis, Ellick, Jim, Josiah, Reuben, Woodrow Wilson, Rob Edwards, Black, Oprah Winfrey, Forsyth, “, Cumming, who’d, Abijah Julian, ” Gov, Joseph Mackey Brown, ‘ Dick, I’d, Grandma Horseyfeather, Brice gesturing, ” I’d, Grandma Horseyfeather’s, – I’ve, “ Lott, Abijah Julian’s, Richard Julian, Charlotte Julian, Richard, Charlotte, George Julian’s, She’d, “ I’m, That’s, Martin Luther King, wasn’t, Sophia Dodd, Dodd, Elon Osby, – Dodd, Osby, Bailey, George H, Julian ” –, – “, ” Osby, ” Dodd, Ida Julian ., Ida Julian’s, Ida ., Ida hadn’t, Ida Julian, Bagley, Willie M, Willie Mae Bagley, Willie Mae Butts, Elon Butts Osby, Osby’s, ’, Elon Osby’s, Ida Bagley, William Bagley, Adaline Julian, Richard Julian –, Abijah Julian –, she’d, we’ve, you’ve, ELON, crunched underfoot, could’ve, Abijah John Julian ”, Webster, I’ve, weren’t, “ We’re, – we’re, …, Horseyfeather, gesturing, “ You’re, Tom Lasseter, Corinne Perkins, Wong, Jeremy Schultz, Catherine Tai Design, John Emerson, Blake Morrison Organizations: ., Reuters, ”, Black, Charlotte, Toyota, Atlanta History, Elon, Lockheed, Tiffany, Atlanta Housing Authority, Task Force, Mazda, American Legion, United, Confederacy Locations: Forsyth, Negros, negros, Virginia, . Civil, Georgia, Cumming, U.S, Forsyth ., Dawson, Atlanta, Tulsa , Oklahoma, Jefferson County , Georgia, Forsyth County, Charlotte, Thai, Macedonia, Buckhead, Bagley, America, Fulton County, Fulton, Bagley Park, Iraq, Afghanistan, Osby, England, Juneteenth, Brooks County

☆ Opinion: DeSantis is trying to climb the Trump wall
▼ + stars: | 2023-06-28 | by ( Opinion Patrick T. Brown | ) edition.cnn.com time to read: +7 min

The DeSantis plan, rolled out at a press conference at the Texas border Monday, lays out steps that should satisfy most Republican border hawks. His immigration plan showcases a candidate interested in effective policymaking beyond pure sloganeering, even if some major questions surround a few key details. The former President noted the similarities — “His plan is my plan,” Trump told Semafor and ABC News on Tuesday. Then, there are the ideas in DeSantis’ plan that have a harder time standing up to scrutiny. Similarly, cutting federal funding to non-governmental organizations that provide aid to those who cross the southern border would be less effective than it sounds.

Persons: Patrick T, Brown, Ron DeSantis, Donald Trump, DeSantis, ” Trump, Semafor, “, ”, —, Trump, parry, isn’t, doesn’t Organizations: Public Policy Center, Economic, Twitter, CNN, Florida Gov, Trump, Republican, Sunshine State, ABC, Republicans, PBS, NPR, Marist, Sun, Group, American, Facebook Locations: Washington , DC, Texas, Iowa, South Carolina, Florida, Mexico

☆ Amnesty accuses Spain and Morocco of cover-up over Melilla enclave migrant deaths
▼ + stars: | 2023-06-23 | by ( Joan Faus | ) www.reuters.com time to read: +2 min

BARCELONA, June 23 (Reuters) - Amnesty International on Friday accused Spain and Morocco of a cover-up for failing to properly investigate events at the border of the Spanish enclave of Melilla last year, when tens of migrants and refugees died during a mass attempted crossing. On June 24 2002, around 2,000 Sub-Saharan African migrants and refugees attempted to enter Spain's North African enclave from Morocco. Morocco said 23 people died in a crush when migrants fell from the fence, and Spain has said no deaths occurred on its soil. "One year on from the carnage at Melilla, Spanish and Moroccan authorities not only continue to deny any responsibility but are preventing attempts to find the truth," said Amnesty International's Secretary General, Agnes Callamard. Spain's Attorney General investigated the Melilla incident but declined to charge Spanish officers who he said had been unaware of the fatal crush.

Persons: Spain, Agnes Callamard, Callamard, Joan Faus, Alexandra Hudson Organizations: Amnesty, Human Rights, Spain's Interior Ministry, Spain's, Authorities, Alexandra Hudson Our, Thomson Locations: BARCELONA, Morocco, Melilla, Spain's, Spain, Spanish, Libya, Italy

☆ Ukraine’s counteroffensive has been brutal and slow. But Kyiv has many cards left to play
▼ + stars: | 2023-06-21 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +8 min

And this is likely why we are seeing a slow – and at times incremental – start to this first phase of open operations. It has also been grueling, with Ukrainian losses reported around Mala Tokmachka, and now intense fighting near Pyatykhatky. Some estimates suggest only a quarter of Ukraine’s fresh units, bolstered by NATO training and supplies, are now in the fight. Ukrainian forces firing an S60 anti-aircraft canon placed on a truck on Juune 19, 2023. Kyiv needs to cement a change in the frontlines to validate the huge investment in its forces made by NATO.

Persons: –, Wojciech Grzedzinski, Rykove, recalibrations, Vladimir Putin, Velyka, Blahodatne, Brigade perilously, Igor Strelkov, Melitopol –, Kreminna, Ukraine’s, General Valerii Zaluzhnyi, Zalyuzhnyi, gridlock Organizations: CNN, 73rd Naval Special Operations Center, NATO, Anadolu Agency, Getty, Moscow, Kyiv, Brigade, Donetsk People’s Republic Locations: Ukrainian, Ukraine, Rykove, Kherson, Bakhmut, Crimea, Russia, Kyiv, Moscow, Volnovakha, Mariupol, Zaporizhzhia, Orikhiv, Mala Tokmachka, Pyatykhatky, Donetsk, Zherebyanki, Kamyanske, Dnipro, Melitopol, Azov, Kupyansk, Kharkiv, Russian

☆ A brilliant cosmic burst 100 times as bright as our galaxy came from 2 black holes circling each other, study finds
▼ + stars: | 2023-06-13 | by ( Chris Panella | Jessica Orwig | ) www.businessinsider.com time to read: +5 min

Huge cosmic bursts are coming from two black holes circling each other in a distant galaxy. In this case, the flare came from a binary system consisting of two black holes trapped in a rapid dance. A cosmic burst 100 times brighter than our galaxyThe recorded burst, which astronomers observed in February 2022, occurred when the smaller black hole crashed into a disk of gas surrounding the larger black hole, the study's scientists said. Up to this point, its presence was only predicted through observations of its gravitational influence on the larger black hole. An illustration of the binary black hole system, OJ 287, showing the massive black hole surrounded by an accretion disk.

Persons: —, Mauri Valtonen, Valtonen, Swift, Cruz, they've Organizations: Service, Royal Astronomical Society, ESO, ESA, Hubble, Tata Institute of Fundamental Research, NASA, OJ, University of Turku Locations: OJ287

They cram themselves every day by the millions onto India’s overtaxed trains, chasing a shred of economic opportunity across the vastness of the world’s most populous nation. Tickets costing about $5 — nearly a day’s wage — are all they can afford. Almost all of the 288 dead were in those three cars at the front of the train — a fact, confirmed by officials, that has gone almost unnoticed in India. Unlike the 1,200 people in reserved seats, those in the general coaches were officially nameless; the rail service had no record of their identity. Their names and other details emerged only when they were taken to hospitals, or when a loved one traveling hundreds of miles identified their bodies in a morgue.

Persons: chai Organizations: Express Locations: India

☆ Ukraine's dam disaster is 'unlikely' to derail its plans for a counteroffensive against Russia
▼ + stars: | 2023-06-09 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Ukraine accused Russian forces of blowing up the dam, while the Kremlin denied the attack and said Kyiv intentionally sabotaged the dam to distract attention from its counteroffensive. The dam breach comes amid months of buildup to Ukraine's counteroffensive, a phase of the war that many see as potentially pivotal in Kyiv's pursuit of victory. A spokesperson for the General Staff of the Ukrainian Armed Forces on Friday, however, dismissed reports that a counteroffensive had begun, according to Reuters. Ukraine's government has repeatedly said there will be no public announcement of the start of the counteroffensive. Andrius Tursa, central and Eastern Europe advisor at Teneo, a political risk consultancy, said the destruction of the Nova Kakhovka dam may alter Ukraine's offensive plans — but was "unlikely to derail" them.

Persons: Andrius, Tursa Organizations: Kremlin, CNBC, NBC, General Staff, Ukrainian Armed Forces, Reuters Locations: Donetsk region, Russian, Ukraine, Kyiv, Eastern Europe, Nova, Crimea

☆ Opinion | Trump Wants to Party Like It’s 1776
▼ + stars: | 2023-06-05 | by ( Michelle Cottle | ) www.nytimes.com time to read: +2 min

These low-energy losers wouldn’t know how to throw a birthday blowout if their poll numbers depended on it. Even as Mr. Trump hawks the project as an opportunity for national uplift, he has woven in themes and language seemingly designed to provoke discord. It is a sad commentary on our political climate that something as potentially unifying as a national birthday party comes loaded with divisive cultural baggage. But in the Trump era, it also became a culture-war rallying point, a shorthand for one’s commitment to traditional values and hostility to anything conservatives deem woke. Mr. Trump pitched the commission as a way to combat the “twisted web of lies” being taught to schoolchildren by America-hating radicals — a way to help “patriotic moms and dads” fight back against this “child abuse.”

Persons: ”, Ron DeSantis, Nikki Haley, Mike Pence, Trump’s, Trump Organizations: America Locations: Iowa, America

☆ Money for Show Horses, Not Work Horses, on India’s Rails
▼ + stars: | 2023-06-04 | by ( Alex Travelli | ) www.nytimes.com time to read: +1 min

Those decisions loomed large on Sunday in the aftermath of a devastating train wreck that killed at least 275 people in eastern India. Investigators said they were focused on the possibility that signal failure might have led to the three-train crash on Friday, the worst rail wreck in the country in years. The crash, which also injured more than 1,100 people, occurred when a passenger train heading south about 80 miles per hour toward the city of Chennai veered onto the wrong track and hit a parked freight train, the authorities say. The first train’s derailed cars then plowed into a second passenger train that was heading toward it, leaving a scene of carnage. The government spent almost $30 billion on the rail system during the past fiscal year, up 15 percent from the year before.

Organizations: Investigators Locations: India, Chennai

☆ The Italian beaches putting a daily cap on summer visitors
▼ + stars: | 2023-06-01 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

“We can no longer afford thousands of daily sunbathers all squeezed in one spot as in the past, it’s unsustainable.”Four beaches are affected. Cala dei Gabbiani and Cala Biriala both now have a daily cap of 300 visitors in place, while Cala Goloritze has a limit of 250 visitors per day, and Cala Mariolu, the largest of the beaches, has a daily limit of 700 people. Visitors to Cala Goloritze, which is only accessible by foot or boat, will be charged an entrance fee of six euros (US$6.5.) The entrance fee for Cala Goloritze can either be paid online, or with cash at the entrance to the inlet. Beach towel banBeach towels will not be permitted at La Pelosa Beach in Stintino, Sardinia this summer, according to local authorities.

Persons: ” Stefano Monni, Cala Biriala, Cala Goloritze, Cala Mariolu, Beachgoers, Legambiente, it’s, ”, Monni, Cala Mariuolo, he’s, pelosi, We’ve, Stintino’s, Rita Limbania Vallebella, they’d, ” Keen, Alberto Pizzoli, Filippo Mannino, Martello, Mannino, Isola, “ Organizations: CNN, Cala Locations: Sicily, Sardinia, Orosei, Baunei, Ogliastra, Cala, Italian, sunbathers, La Pelosa, Stintino, La, Isola, Italy, Pelosa, Saline, Isola dei, Lampedusa, Pelagie, AFP, Martello, Giglio, Isola del Giglio, Tuscany

☆ Opinion | Democrats Want Trump? They’re Out of Their Minds.
▼ + stars: | 2023-06-01 | by ( Frank Bruni | ) www.nytimes.com time to read: +1 min

That, you may recall, was when Donald Trump’s emergence as the Republican presidential nominee seemed like some cosmic joke. And yet some Democrats are again rejoicing at the prospect of Trump as his party’s pick. The stakes of a second Trump term are much, much too high to wager on his weakness and hope for his nomination. And the circumstances in November 2024 are neither predictable nor controllable — just as they weren’t in November 2016. If Trump is in the running, Trump is in the running.

Persons: Donald Trump’s, exulted, Donald Trump, Hillary Clinton, Trump, megalomania, Biden, Ron DeSantis, Tim Scott Organizations: Republican, U.S, Capitol, Gov, Trump

☆ Stephen Schwarzman says Blackstone has dumped office investments. Another corner of the firm kept lending billions.
▼ + stars: | 2023-05-30 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +8 min

Blackstone Mortgage Trust's $8.2 billion portfolio of office loans leaves it exposed to the sector. The Blackstone-managed firm issued about $3.3 billion of US office loans since the pandemic began. Even as clouds began to gather, Blackstone Mortgage Trust continued to lend to the office sector. In addition to managing the mortgage trust, Blackstone is among its largest shareholders. A Washington office complex shows how far values have fallenThere are ongoing issues, however, in Blackstone Mortgage Trust's portfolio.

Email us at matterofopinion@nytimes.com or leave us a voice mail message at (212) 556-7440. Follow our hosts on Twitter: Michelle Cottle (@mcottle), Ross Douthat (@DouthatNYT), Carlos Lozada (@CarlosNYT) and Lydia Polgreen (@lpolgreen). “Matter of Opinion” was produced this week by Phoebe Lett, Sophia Alvarez Boyd and Derek Arthur. Mixing by Pat McCusker. Original music by Pat McCusker, Sonia Herrero, Isaac Jones and Carole Sabouraud.

☆ How do you solve a problem like AI? Tax it
▼ + stars: | 2023-05-18 | by ( John Foley | ) www.reuters.com time to read: +6 min

The chances of “generative AI” being put back in its box are very small. Goldman Sachs economists estimate that 18% of work could be automated globally, and that 7% of the U.S. workforce might be substituted by AI. Moreover, while AI will create profit windfalls, many countries don’t tax those as effectively as they ought to. But a dollar of saved costs for a company creates only 21 cents in corporate income tax revenue. Capital gains are still taxed below the level of income in most countries.

☆ Will history repeat? Here are Club stocks that were great buys during 2011 debt-ceiling market swoon
▼ + stars: | 2023-05-15 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Concern about a potential U.S. government default has only mounted in recent days, contributing to back-to-back weekly losses in the S & P 500. By Feb. 7, 2012, the S & P 500 closed above its late-July peak. A similar rationale seems to explain why TJX Companies (TJX) had the third-best relative performance, falling only 5.9% during the 2011 debt-ceiling jitters. TJX had a great rest of the year, too, gaining 22% from the S & P 500 index's 2011 August bottom to year-end. What's more, 12 Club stocks finished 2011 higher than their July 22 close, the S & P 500's late-July peak that year.

☆ I'm an AI ethicist. I make sure the tech is safely deployed to the world, but I am not an oracle.
▼ + stars: | 2023-05-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Giada Pistilli, 31, is the principal ethicist at Hugging Face and helps ensure AI is safely deployed. Here is what Pistilli's job as an AI ethicist entails, as told to Insider's Aaron Mok. I'm a full-time AI ethicist making sure the tech is safely deployed to the world. I first approached Hugging Face to understand how I could help build Bloom, its large language model. For example, a journalist approached Hugging Face after he claimed one of his articles was plagiarized by the company's language model.

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