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Here It Comes: Another Hot Summer in Europe
  + stars: | 2024-05-24 | by ( Ceylan Yeğinsu | ) www.nytimes.com   time to read: +1 min
Europe, the world’s fastest-warming continent, is headed for another scorching summer, meteorologists warn. And travelers, once again, are heading to the hot spots. Last year, large parts of southern Europe experienced prolonged periods of extreme heat with temperatures reaching 118 degrees and lasting up to two weeks or more. The sweltering conditions upended vacations throughout the summer season as visitors collapsed from heat exhaustion at crowded tourist sites, and wildfires led to evacuations in Greece, Italy and Spain. “Our computer models are in good agreement that it’s going to be another unusually hot summer, especially during late July through August,” said Todd Crawford, vice president of meteorology at Atmospheric G2, a weather and climate intelligence firm based in Manchester, N.H.
Persons: , Todd Crawford Organizations: World Meteorological Organization, Service Locations: Europe, Greece, Italy, Spain, Manchester, N.H, Croatia
Owning overcrowded trades that are most popular among hedge funds could be risky for individual investors in the event of a herd-like stampede by systematic traders, according to Morgan Stanley, which looked at stocks to avoid. Despite their popularity and performance, none of the megacap tech stocks made the list of overcrowded stocks. That's because their enormous share count makes hedge funds' ownership less significant. Morgan Stanley found that hedge funds were most overweight in consumer discretionary, industrial and health care stocks last quarter, while they were most bearish on technology and consumer staples companies. Janus Henderson , The New York Times , Planet Fitness and Wayfair were also on the list of crowded trades.
Persons: Morgan Stanley, Russell, Howard Hughes, Janus Henderson, — CNBC's Michael Bloom Organizations: Avis Budget Group, Howard Hughes Holdings, The New York Times Locations: The
Hedge funds added more exposure to financial and tech names in the last quarter, according to Morgan Stanley. Castagno highlighted that in the last quarter, hedge funds seemed to shift their portfolio allocations toward the information technology and financials sectors, moving away from health care. However, hedge funds still remain most overweight stocks within the health care, consumer discretionary and industrials industries. Hedge funds have recently increased their ownership shares in retailer Bath & Body Works by 2.5%. Wolfe Research upgraded shares of Alaska Air Group to outperform from peer perform last Friday.
Persons: Morgan Stanley, Todd Castagno, Castagno, A.J, — CNBC's Michael Bloom Organizations: Securities and Exchange, Universal Health Services, UBS, Body, JPMorgan, Airline, Alaska Air Group, Wolfe Research, TPG, DXC Technology, Avis Budget Group Locations: Rice, Bath, Coast
Here are the 10 decor mistakes she hates to see in other people's homes. "The drapery rod should be hung as high up as possible, close to the ceiling," Moreira said. Repeating too many of the same wood tones can make the room look one-dimensionalIt's not ideal to buy furniture in matching wood tones when decorating a room, Moreira told BI. When shopping, she said, consider the floor space you're working with as well as the architecture of the room. "You should have good traffic flow within the space, but it should never feel like it's missing a piece or feel empty," Moreira told BI.
Persons: , Manuella Moreira, Moreira, Nightstands, Fiordaliso Organizations: Service, Business Locations: Los Angeles
Back in September, Scarlett Johansson, who played the hauntingly complex AI assistant in the 2013 Spike Jonze film “Her,” got a request from OpenAI’s CEO, Sam Altman. He wanted to hire Johansson to voice his company’s newest ChatGPT model, “Sky.” She said no. Johansson quickly lawyered up, saying Monday she was “shocked, angered and in disbelief” that Altman would use a voice “so eerily similar” to her own. OpenAI was forced to confront some of those concerns late last week, after two prominent employees left the company. “Being friends with AI will be so much easier than forging bonds with human beings,” wrote Wired editor Brian Barrett in a recent essay about the movie.
Persons: CNN Business ’, you’ve, Scarlett Johansson, Spike Jonze, , Sam Altman, Johansson, OpenAI, Altman, Altman —, Jan Leike, OpenAI’s, Ilya Sutskever, ” Altman, , that’s, Joaquin, Brian Barrett, — CNN’s Clare Duffy, Brian Fung Organizations: CNN Business, New York CNN, Google Locations: New York, Silicon
But before they pack their bags, they may want to read Japan's "Life and Work Guidebook," which is aimed at helping foreigners fit in. But the chapter on "Daily Rules and Customs" is where foreigners will find specific guidance on "life rules" that illustrate Japan's emphasis on collectivism and respect. Not only party and music levels should be kept to a minimum, but also "voices" and "TV" levels, the guidebook states. A Japanese guidebook for foreigners advises against making noise by using washing machines early in the morning or late at night. "Be sure that your music is not too loud and cannot be overheard outside of the earphones," the guidebook states.
Persons: they're, Recep Organizations: Japan's Immigration Services Agency, Ministry of Foreign Affairs, Cyclists, Getty, Foreigners Locations: Japan, Tokyo, Daj
Meta may need such access to make its generative AI tools, like Meta AI, more effective for users and more competitive in the increasingly crowded market of generative AI search tools and chatbots, the people said. User posts and comments on Facebook or Instagram are not necessarily the type of high-quality training data that generative AI chatbots and search tools need to generate quality outputs. Previously, Zuckerberg said he did not expect the generative AI boom. The US Copyright Office is considering new rules to cover generative AI. Major rival tech companies now fiercely competing in generative AI have already entered into deals with news publishers and media outlets for more access to content to be used as model training data.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Dotdash Meredith, Axel Springer, OpenAI, Kali Hays Organizations: Service, Meta, Facebook, Business, News, Google, US, News Corp, Financial, Associated Press, BI, Politico, Microsoft, The New York Times, Times Locations: Europe, khays@businessinsider.com
The couple has set up a flourishing business buying properties, restyling and reselling them, ready-to-occupy, helping foreign buyers every step of the way. They hunt for old houses in historical villages in need of a makeover, which once renovated make the perfect summer getaway. The BEFORE picture: The couple find old houses in need of a makeover. The old properties the pair handles are located in small towns where centuries-old traditions survive. I really like old houses and the idea of giving them a second chance: especially when they are abandoned buildings rich with history.
Persons: you’ve, That’s, Bruno Mongiardo, Ginevra dell’Orso, ” Dell’Orso, Dell’Orso, , , , they’re, Mongiardo, ” Mongiardo, dello Organizations: CNN, Graecia, Bruno Mongiardo Southern, Locals, Foreigners Locations: Italy’s, Calabria, characterful, Isca, Italy’s Calabria, Venice, Milan, Badolato, Calabrian, Sostene, Santa
As a guidebook writer, I've had the opportunity to explore Greece's hidden-gem locations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen travelers think about Greece, they probably think of hot spots like Athens, Santorini, and Mykonos. Fortunately, I've spent 15 years writing guidebooks about Greece so I know a lot of great hidden gems. This story is available exclusively to Business Insider subscribers.
Persons: I've, Rhodes, Symi, Organizations: Service, Business Locations: Peloponnese, Greece, Athens, Santorini
The artist Hank Willis Thomas is pointing to one of the images: of two well-dressed, neatly coiffed men standing atop a cliff. "She's Somewhat of a Drag," a 1959 advertisement Thomas repurposed in his series "Unbranded: A Century of White Women." Across his work, Thomas reframes iconic and mundane imagery to connect viewers to historical moments of resistance and reshape our understanding of who counts in society. Here, a pro-football player appears to face off with an enslaved cotton picker, in Thomas' work "From Cain't See in the Mornin' Til Cain't See at Night." His body of work work reflects the observation — and, perhaps, a warning — that we have moved toward “existing in a society of branded consciousness."
Persons: Hank Willis Thomas, Thomas, Aaron Wessling, Jordan, , Thomas ’, Drummond, , ” Thomas, mascara, Jordan Schnitzer, ” Schnitzer, ” Thomas ’, Thomas reframes, Barack Obama, , “ I’ve, doesn’t Organizations: CNN, Art, White, White Women, Family, Cotton, Corporate America, Civil Rights, American Express Locations: , Oregon, United States, Gorée
Schauffele, golf’s beacon of unrewarded consistency, won the PGA Championship at Valhalla Golf Club on Sunday for his first career major victory. He did it in one of the more memorable ways possible, sinking a six-foot birdie putt on 18 with the entirety of the crowd watching. AdvertisementIt was the lowest score in major championship history. 10, his only dropped score of the day, could have been it for his major championship chances. He played on two Ryder Cup teams and only Lee Westwood, Colin Montgomerie and Steve Stricker had spent more weeks in the world top 10 without a major win.
Persons: Xander Schauffele, Bryson DeChambeau, , It’s, ” Schauffele, Schauffele, Collin Morikawa, he’d, Viktor Hovland, DeChambeau, Bryson, , , eason, olin, ontgomerie, ake Organizations: PGA, Valhalla Golf, CBS, ust Locations: LOUISVILLE, Ky
LOUISVILLE, Ky. — Scottie Scheffler has dropped off, but a crowded leaderboard still exists after Round 3 of the PGA Championship on Saturday. AdvertisementSchauffele, seeking his first major championship, has led after each round of the PGA Championship, but shares it for the first time with Morikawa, who is looking for major No. Shane Lowry (who shot a PGA Championship record-tying 62), Bryson DeChambeau and Viktor Hovland are tied for fourth at 13-under. Theegala ticking off his first major championship and contending on the biggest stage of his career. Justin Rose becoming the first Englishman to win the PGA Championship in 100 years.
Persons: — Scottie Scheffler, Collin Morikawa, Xander Schauffele, Schauffele, Morikawa, Sahith, Shane Lowry, Bryson DeChambeau, Viktor Hovland, Justin Rose, Robert MacIntyre, Dean Burmester, Scheffler, bogeys, Ted Scott, Scott, Lowry, Hovland, Joe Mayo, MacIntyre, Hodges, Andrew Redington Organizations: PGA, Valhalla Golf Club, Ryder, Scheffler, Valhalla Locations: LOUISVILLE, Ky
Follow live coverage of the final round of the 2024 PGA Championship todayLOUISVILLE, Ky. — Justin Thomas predicted it so perfectly. Six of the biggest names in golf are within two shots of the lead on Sunday at the year’s second major championship. It served as a reminder — just as his hot start at the Masters did — of the truth about DeChambeau: Golf hated DeChambeau. That combined with a PGA Championship win to add to his 2013 U.S. Open win at Merion takes Rose from solid career to one of the best European golfers of the century. It coming at a PGA Championship (often viewed as the lowest of the four majors) wouldn’t help.
Persons: — Justin Thomas, Rory McIlroy, Phil Mickelson’s, Rickie Fowler’s, There’s, ” Thomas, Xander Schauffele, Bryson DeChambeau, Shane Lowry, Ryder, it’s, Scottie Scheffler, Collin Morikawa, Morikawa, hasn’t, Scheffler, Schauffele, Xander, He’s, he’s, Sahith Theegala, DeChambeau, It’s, , ake, ike, hick, lew, Å berg, eason, ron, H, aturday,, ory, cIlroy Organizations: Valhalla, birdies, Bryson DeChambeau EAGLES, ust Locations: LOUISVILLE, Ky, Valhalla, , Louisville, COVID, iewed, ife
It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.
Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, , David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, , , Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, , Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP
Read previewI believe every trip to the Amalfi Coast should be just as beautiful as the coastline itself. Here are the seven most common mistakes I see tourists make while visiting the Amalfi Coast. Additionally, ferry service connecting the Amalfi Coast villages only runs during the tourist season. Seeing the Amalfi Coast on a day tripMany tourists choose to visit the Amalfi Coast on day trips. AdvertisementForgetting to carefully check accommodation details before arrivalNothing ruins a trip to the Amalfi Coast like a bumpy arrival.
Persons: , Laura Thayer, It's, Positano, Romano Organizations: Service, Business, Museo, Paper Locations: Amalfi, Amalfi Coast, I've, Minori, Maiori, Tramonti, Vietri sul Mare, Praiano
A Forest Retreat in ‘Tokyo’s Backyard’
  + stars: | 2024-05-17 | by ( Kurt Soller | Josh Robenstone | ) www.nytimes.com   time to read: 1 min
Although the two had regularly worked in the country (their firm is currently renovating Tokyo’s Ritz-Carlton), neither of them ever imagined they’d settle permanently in Japan. Over the course of three years, however, they moved out of their Hong Kong apartment, sold their home in Taipei, Taiwan, and bought the last available piece of land next to their existing Japanese property, just over an acre crowded with cherry, pine and larch trees that flash gold, green or gray depending on the season. The pair had considered other Japanese locales where they could one day retire — snowy Niseko; Hakone, by the sea — yet it was ultimately in Karuizawa, Ng says, that they wanted to prove, after years of championing glamour and shine, that they could make someplace “supertranquil” for themselves.
Persons: Ng Organizations: Ritz, Carlton Locations: Japan, Hong Kong, Taipei, Taiwan, Hakone, Karuizawa
Meme stocks are in the spotlight this week. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X (formerly known as Twitter), have attracted retail investors looking to make a quick profit. Future of meme stocks One analyst, who has previously been bearish on GameStop and tech stocks, said that while fundamentals for the stock have improved, GameStop is still in the "danger zone." 'Danger zone' stocks Here are some other stocks Trainer says is in his "danger zone" list, which also includes his "zombie stocks." He cited its "continuing deterioration" of its fundamentals, including its "unsustainable" expenses and steady cash burn.
Persons: David, Trainer, DoorDash's, Yun Li Organizations: GameStop, AMC, CNBC Pro, AMC Entertainment Holdings, Tilray
Forget the Magnificent Seven. These AI plays are red hot
  + stars: | 2024-05-16 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
The S&P 500’s utility sector has gained 14% this year, making it the third-best-performing category behind information technology and communication services. Utility stocks tumbled more than 10% in 2023, underperforming the S&P 500’s 24% gain, as investors betting on the artificial intelligence boom crowded into the Magnificent Seven big tech stocks. To be sure, not everyone is jumping into utility stocks. Rising gasoline and shelter costs accounted for more than 70% of the monthly increase in overall inflation, according to the report. Including the ticket price, UK concertgoers will spend, on average, £848 ($1,068) each, which is more than 12 times the average cost of a night out in the UK, according to Barclays’ research.
Persons: , Adam Turnquist, Alicia Wallace, Wednesday’s, Read, Taylor Swift’s, Anna Cooban, Swift Organizations: CNN Business, Bell, New York CNN, Constellation Energy, NRG Energy, International Energy Agency, Federal Reserve, LPL, Nvidia, Micro, Bureau of Labor Statistics, CPI, Barclays, Barclays ’ Locations: New York, United Kingdom, United States, England, Wales, Scotland
Read previewOn May 1, CDC officials boarded Margaritaville at Sea, a Jimmy-Buffet-themed ship that welcomes 1,680 passengers, for an unexpected health inspection. In the inspection detail report, officials noted food and drink concerns as well as crowded whirlpools. Beyond food and drink, the officials noted that whirlpools often had six guests, although they're designed for a maximum of four people. Previously, the MSC Seaside failed with a score of 67, Business Insider reported last spring. In the past two years, multiple Business Insider reporters have boarded the Margaritaville at Sea Paradise ship, and their reviews have been mixed.
Persons: , whirlpools, they're, Patrick Connolly, Norwegian Joy, Margaritaville, Brittany Chang, Lauren Mack, staterooms, Mack Organizations: Service, CDC, Sanitation, Business, Margaritaville, USPH, MSC, Orlando Sentinel, Tribune, Getty, Vessel Sanitation, Disney, Summit, MSC Seascape, Silver, Norwegian Pearl, Paradise Locations: Oceania, Rotterdam, Norwegian
But now and then, they can also make us feel bad about the things we don't get around to. First of all, "it's useful to recognize that we're really bad at making predictions," Newport says. Get started by reviewing how much you got done over a longer period of time"Humans are really bad at estimating the time required for cognitive tasks," Newport says. Think: What are the things you're proud of? Looking at the bigger picture, "when you switch to an outcomes-based productivity mindset, you begin to see a lot of these as obstacles to actually accomplishing things," Newport says.
Persons: Cal Newport, I'm Organizations: Georgetown University Locations: Newport
But the kicker is that this giant void shouldn't exist in the first place. For example, some people have correctly argued that such a void shouldn't exist in the standard model, which is true. Cosmologists have a value, called the Hubble constant, which they use to help describe how fast the universe's expansion is accelerating. The Hubble constant should be the same value wherever you look, whether it's close by or very far away. NASA/JPL-CaltechAstronomers can't agree on what's causing this discrepancy in the Hubble constant, and the contention has become known as the Hubble tension.
Persons: , we're, Claire Lamman, Indranil, Andrews, Hubble, Brian Keating, Keating, Banik Organizations: Service, Business, Harvard, Smithsonian Center, Astrophysics, Indranil Banik, University of St, Banik, Royal Astronomical Society, KBC, Hubble, NASA, JPL, Caltech, ESA, Palomar, Sky, UC San Diego, Sky Survey
The Biden administration has told key lawmakers it is sending a new package of more than $1 billion in arms and ammunition to Israel, three congressional aides said Tuesday. It's the first arms shipment to Israel to be announced by the administration since it put another arms transfer — consisting of 3,500 bombs — on hold this month. The package being sent includes about $700 million for tank ammunition, $500 million in tactical vehicles and $60 million in mortar rounds, the congressional aides said. They spoke on condition of anonymity to discuss an arms transfer that has not yet been made public. House Republicans were planning this week to advance a bill to mandate the delivery of offensive weaponry for Israel.
Persons: Joe Biden, Walter E, Biden, It's, Israel's, Joe Biden's Organizations: Pacific American Institute for Congressional, Washington Convention Center, Street Journal, House Republicans Locations: Washington, Israel, Gaza, Rafah, U.S
First off, driving instead of flying saved us a lot of moneyMy family added a road-trip component to our trip. Daryl AustinWe saved money by driving to Disney instead of flying. AdvertisementLastly, we saved money by cutting back on character-dining experiences and sharing most of our mealsOur family split meals at Disneyland when we could. In hindsight, this means we could've saved some serious money on tickets and food costs by cutting out our last two days at Disney. Otherwise, my wife and I will be dreading the next Disney vacation nearly as much as our kids will be eagerly anticipating it.
Persons: , Daryl Austin, That's, we'd, we've, Dole, would've, could've, Daryl Austin Disney Organizations: Service, Universal Studios, Business, Marriott, Gas, Disney, we've, Disneyland, Minnie Locations: Utah, Southern California, California, Salt Lake City, Los Angeles, Las Vegas, Marriott Anaheim, Disneyland
At the end of a somber day in the Ukrainian capital, Secretary of State Antony J. Blinken slipped into a seat at Barman Dictat, a crowded basement cocktail bar where a punk-jazz band was squealing away. After a few songs, the band’s frontman called Mr. Blinken onstage on Tuesday and, by prearrangement, America’s top diplomat slung a red Gibson guitar over his shoulder. “I know this is a really, really difficult time,” said Mr. Blinken, who had discarded his typical dark suit and tie for blue jeans and a dark button-down shirt. It was a reference to recent Russian military gains. Ukraine’s soldiers, particularly in the northeastern city of Kharkiv, he said, “are suffering tremendously.”“But they need to know, you need to know, the United States is with you, so much of the world is with you,” he said, hitting the core message of his unannounced visit to Kyiv, a trip intended in part to spotlight nearly $61 billion in additional military aid signed into law by President Biden in April after months of delays mainly caused by a small band of right-wing House Republicans.
Persons: Antony J, Blinken, Barman Dictat, prearrangement, , , Biden Organizations: House Republicans Locations: Kharkiv, United States, Kyiv
Maryland U.S. Senate Primary Election Results
  + stars: | 2024-05-14 | by ( ) www.nytimes.com   time to read: 1 min
Larry Hogan, a former two-term Maryland governor and an unabashed G.O.P. critic of Donald J. Trump, is the favorite in a crowded Republican primary for a U.S. Senate seat being vacated by Benjamin L. Cardin, a longtime Democratic incumbent. In the Democratic primary, Angela Alsobrooks, the Prince George’s County executive, is facing Rep. David Trone, a third-term congressman and owner of Total Wine & More, an alcohol retailer.
Persons: Larry Hogan, Donald J, Trump, Benjamin L, Cardin, Angela Alsobrooks, Prince George’s, David Trone Organizations: Republican, U.S, Senate, Democratic Locations: Maryland, Prince George’s County
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