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☆ The AI world's most valuable resource is running out, and it's scrambling to find an alternative: 'fake' data
▼ + stars: | 2024-08-09 | by ( Hasan Chowdhury | Hugh Langley | ) www.businessinsider.com time to read: +11 min

OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.

Persons: —, that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg

Following decades of grievances, the federal government on Thursday changed a policy that disqualified some disabled veterans from receiving subsidized housing. Advocates hope a new federal policy will help more disabled homeless veterans get off the streets. A homeless veterans encampment in Los Angeles in 2021. “No matter where veterans are, if we have homeless veterans, we are committed to them,” he said. About 1,834 homeless veterans were counted in Los Angeles this year, compared with 2,696 last year.

Persons: Al Seib, Denis McDonough, Francine Orr, Karen Bass, George Rose, ”, Mark Rosenbaum, Rosenbaum, Terrence Hayes, Hayes Organizations: of Housing, Urban, Veterans, Los Angeles Times, Getty, Veterans Administration, “ Veterans, American Civil Liberties Union of Southern, Los, Los Angeles, HUD Locations: Al, Los Angeles, ”, Westwood, Brentwood, American Civil Liberties Union of Southern California, “, Los Angeles County, U.S

☆ Golden Opportunity to Boost Job, Labor Market: Raise the Minimum Wage
▼ + stars: | 2024-08-08 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.

Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire

☆ Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders
▼ + stars: | 2024-08-08 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Discovery CEO David Zaslav needs a win. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner Bros. Discovery shares have fallen about 70% since April 8, 2022, the day the merger closed. Making matters worse for him, Zaslav has long been one of the highest paid CEOs in the country.

Persons: David Zaslav, Zaslav, Chris Licht, John Malone, That's, WarnerMedia, Robert Fishman Organizations: Warner Bros, Discovery, CNN, Boston, NBA, Warner Bros . Discovery Locations: U.S

☆ Why Ukraine’s generals may have rolled the dice on an incursion into Russia
▼ + stars: | 2024-08-08 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +6 min

On Tuesday, Kyiv took badly needed resources and fresh troops and launched them well inside Russia. Oleksandr Syrskyi, commander of the Ukrainian Ground Forces, is pictured on July 2, 2023 in Donetsk Oblast, Ukraine. That could mean fewer gliding bombs hitting Ukrainian frontline troops and fewer missiles terrorizing Ukraine’s urban communities. Russia may be invited to attend the next peace conference held by Ukraine and its allies. It is unclear if Ukraine’s move into Kursk is motivated by that, or a simple move to inflict damage where the enemy is weak.

Persons: Vladimir Putin, Oleksandr Syrskyi, Yuriy Mate, Volodymyr Zelensky, Kamala Harris, Joe Biden, Valentyn Ogirenko Organizations: CNN, Kyiv, Russian, Ukrainian Ground Forces, Getty, Trump, Ukrainian Air Forces Locations: Russia, Ukraine, Ukrainian, Pokrovsk, Sloviansk, Moscow, Russian, Europe, Soviet, Donetsk Oblast, Kyiv, Kursk

☆ Eli Lilly's blowout quarter should quiet investor concerns about the stock
▼ + stars: | 2024-08-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Eli Lilly on Thursday reported a home-run quarter fueled by sales of its blockbuster obesity and diabetes drugs, quieting any lingering investor concerns in the stock. Eli Lilly Why we own it: Eli Lilly's best-in-class drugs should enable growth above the industry average for many years to come. The report left little doubt that Eli Lilly's best days are ahead, driven by the growth of GLP-1s. It's really early" for Zepbound, Eli Lilly CEO David Ricks said in a CNBC interview Thursday. But the good news is Eli Lilly's multibillion dollar investments to expand manufacturing capacity are paying off.

Persons: Eli Lilly, Eli Lilly's, Zepbound, Jim Cramer, Lilly, David Ricks, It's, We're, Eli Lilly hasn't, Novo, spooked Lilly, Gordon Brooks, it's, Ricks, Brooks, Verzenio, —, didn't, Jim Cramer's, Jim, George Frey Organizations: Revenue, LSEG, Novo Nordisk, Biogen, Merck, Pfizer, CNBC, Food and Drug Administration, Viking Therapeutics, Novo Nordisk —, FDA, RTP, Bloomberg, Getty Locations: Eisai, U.S, GLP, Roche, it's, Indianapolis, North Carolina, Europe, Germany, Provo , Utah

"After their convention, yeah," Trump replied, referring again to the Democratic convention, which begins Aug. 19. CNBC reached out to the Trump campaign to confirm that the Republican nominee does not plan to resume large, in-person presidential campaign rallies until after the Democratic convention. "President Trump has a robust, travel schedule — consisting of rallies, messaging events, and fundraisers in the next week. In 2020, in-person campaign rallies on both sides were largely suspended because of the Covid pandemic. Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024.

Persons: Donald Trump, Joe Raedle, Trump, Kamala Harris, Tim Walz —, Ohio Sen, JD Vance —, Harris, Walz, Thursday's, Tim Sheehy, Sheehy, Democratic Sen, Jon Tester, Steven Cheung, James Singer, Governor Walz, —, Trump's, Barack Obama, Obama, Hillary Clinton, Elizabeth Frantz, Pennsylvania —, Adin Ross, Tesla, Elon Musk Organizations: Getty, Democratic National Convention, Republican, White, Democratic, Minnesota Gov, Trump, Republicans, CNBC, Erie Insurance, Hamptons, Reuters, Trump —, Fox News, Fox Locations: Lago, Palm Beach , Florida, Philadelphia, Wisconsin, Michigan, Arizona, Nevada, Montana, Aspen , Colorado, Florida, Erie, Pa, North Carolina , Florida, Pennsylvania, Connecticut, North Carolina, Atlanta, New, Harrisburg , Pennsylvania, U.S, livestream

☆ Thieves are still targeting Hyundai and Kia cars but new software is stopping them
▼ + stars: | 2024-08-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

The cars in question are certain older Hyundai and Kia models made before 2023 that are particularly vulnerable to theft. So far, more than 2 million Hyundai and Kia vehicles have gotten the update, according to the automakers. By now, around 61% of eligible Hyundai vehicles have the software upgrade, a Hyundai spokesperson said. That said, not all of the vulnerable Hyundai and Kia models have the proper hardware to enable the software upgrade. For those vehicles that can’t get the software, Hyundai and Kia have been providing steering wheel locks.

Persons: ” Matt Moore, Kia —, South Korea —, Moore, Tok, ”, “ Organizations: CNN, Hyundai, Kia, Data Locations: South Korea

☆ Yen dives as BOJ plays down chance of hikes, soothing markets
▼ + stars: | 2024-08-07 | by ( ) www.cnbc.com time to read: +2 min

A Japanese 10,000 yen and a U.S. 100 dollar banknote juxtaposed against each other in Tokyo, Japan, on Monday, June 20, 2016. The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a further jump in the Japanese currency could again rock global markets. The yen fell around 2.5% to a session low of 147.94 per dollar following the comments from BOJ Deputy Governor Shinichi Uchida. "I think it's become increasingly clear that the BOJ hawkish turn last week could be a policy error," said Alvin Tan, head of Asia FX strategy at RBC Capital Markets. The yen's decline was broad based, with the Mexican peso, New Zealand dollar and Australian dollar - all carry trade candidates - surging against the currency.

Persons: Shinichi Uchida, Uchida, Kazuo Ueda's hawkish, it's, Alvin Tan, inching, Rong Ren Goh Organizations: Bank of Japan, Asia FX, RBC Capital Markets, U.S, Eastspring Investments, New Zealand Locations: U.S, Tokyo, Japan, Asia

☆ I moved to Thailand for graduate school. The free degree I earned isn't recognized in the US, but it inspired my side business.
▼ + stars: | 2024-08-07 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Charissa Enget, a content creator and cybersecurity architect who gained her graduate degree in Thailand. So, after I graduated with a mechanical engineering degree from Oklahoma State University in 2017 and was trying to decide where to go for a graduate degree, I thought it could be the perfect opportunity. Charissa EngetThe university experience was different from what I was used toIn my Thai university, they were taught engineering from the ground up. Charissa EngetWithout a scholarship, the graduate program would have still been more affordable than pursuing a graduate degree in the US. I've moved back to the US but travel back to Thailand oftenAfter completing my graduate degree in 2020, I returned to the US.

Persons: —, Charissa Enget, Enget, Charissa, Kasetsart, I've, Chiang Organizations: Service, Business, Oklahoma State University, Kasetsart University, Thai Locations: Thailand, China, Venezuela, Spain, New Zealand, Thai, Bangkok, American, Chiang Mai, Houston

☆ CVS slashes profit guidance, will cut $2 billion in expenses as insurance costs climb
▼ + stars: | 2024-08-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. CVS Health on Wednesday slashed its full-year profit outlook again and announced a new plan to cut $2 billion in expenses over several years as higher medical costs squeeze the company and the broader U.S. insurance industry. CVS also cut its unadjusted earnings guidance to a range of $4.95 to $5.20 per share, down from at least $5.64 per share. Those ratings help Medicare patients compare the quality of Medicare health and drug plans. Medicare Advantage, a privately run health insurance plan contracted by the federal Medicare program, has long been a driver of growth and profits for the insurance industry.

Persons: Brian Kane, Karen Lynch, Thomas Cowhey, Katerina Guerraz, Lynch, LSEG, CVS, Cowhey, Caremark Organizations: CVS Health Corp, CVS Health, Aetna, CVS, Affordable, Medicare, UnitedHealth, Humana, Elevance, LSEG Locations: Las Vegas , Nevada

Vice President Kamala Harris has selected Minnesota Gov. Harris' campaign texted supporters Tuesday morning, calling Walz "a battle-tested leader who has an incredible track record of getting things done for Minnesota families" and asking for donations to support the new ticket. In picking Walz, who's in his second term and also served 12 years in Congress, Harris will have as her No. Harris also appreciates how different Walz is from her in terms of the contrast he can provide, the sources said. Karoline Leavitt, the Trump campaign press secretary, called Walz a "West Coast wannabe" who has tried "to reshape Minnesota in the image of the Golden State."

Persons: Kamala Harris, Tim Walz, Harris, texted, Walz, who's, Donald Trump, Joe Biden, they’ve, Harris ’, Josh Shapiro, Stephen Maturen, Walz's, Trump, —, Biden, Jenn Ackerman, Sen, JD Vance, ”, Vance, Karoline Leavitt, ” Walz, Joe ”, “, Picking Walz doesn't, George Floyd Organizations: Minnesota Gov, Democratic, Pennsylvania, Minn, Getty, Trump, Army National Guard, NPR, Marist, National Guard, House, Minneapolis Star Tribune, Democrats, New York Times, MAGA Inc, Golden, GOP, Midwestern, MAGA, Democratic National Convention Locations: Minnesota, Rust Belt, Wisconsin , Pennsylvania, Michigan, St, Paul, AFP, Nebraska, Mankato, Minneapolis, Minnesota’s, Golden State, America, U.S, ”

☆ Avocado goldrush links U.S. companies with Mexico’s deforestation disaster
▼ + stars: | 2024-08-06 | by ( ) www.nbcnews.com time to read: +9 min

The U.S. lawsuits filed in DC Superior Court Monday shine a spotlight on the supply chains of some U.S. companies operating in the Mexican avocado industry. Reuters could not independently verify the accounts from the local residents or Climate Rights International’s findings. “They have even gone to destroy avocado orchards,” said Claudia Alejandra Sanchez, an activist for Michoacán’s Purepecha Indigenous people. Reuters reviewed copies of letters shared by Climate Rights International. Most of those companies have publicly pledged to adhere to sustainable supply chains in compliance with local laws.

Persons: Del, Richman, Mexico Ken Salazar, avocados, ”, Claudia Alejandra Sanchez, Michoacán’s, Guardian Forestal, ’ avocados, ” Daniel Wilkinson, Climate Rights International’s, Alejandro Mendez, Savas Melchor Gómez, deforest, Alfredo Ramírez, ” Ramirez Organizations: Reuters, U.S, Organic Consumers Association, Inc, Produce Inc, West Pak, DC, Rights, Climate Rights International, Richman Law, U.S . Department of Agriculture, Climate Rights, Residents, Foods, Costco, Guardian, Pak, Trade, “ Locations: Madero, Mexico’s, United States, Minnesota, U.S, West, Irvington, N.Y, Mexico, Washington, Michoacán, Jalisco

One-fifth of respondents said they follow a “high-protein diet” — more than vegetarian, vegan and gluten-free diets combined. Before recommending a high-protein diet, she looks at pre-existing health conditions, family history and lifestyle. “I really wanted to show how to include protein, from the stance of here are whole-food lean sources of protein you can incorporate that can follow a higher protein diet, but that are still balanced,” she said. When starting a new diet, Stanford, of Mass General, advised seeing a physician or registered dietitian first to evaluate any individual risks and medical history. If a high-protein diet is deemed safe, Stanford encourages patients to be thoughtful and view it as a long-term commitment.

Persons: ”, Fatima Cody Stanford, “, Teresa Fung, Stanford, Monica D’Agostino, ” D’Agostino, Kristin Kirkpatrick, ” Kirkpatrick, Elisabetta Politi, Politi, ” Politi, dietitians, Influencer Ainsley Rodriguez, ” Rodriguez, D’Agostino, ’ ” Stanford Organizations: Massachusetts General Hospital, Harvard Medical School, Simmons University, International Food Information, Cleveland Clinic, Duke, Management, Stanford Locations: Massachusetts, New York City, Durham , North Carolina, TikTok

☆ What the other veep candidates are saying about Tim Walz
▼ + stars: | 2024-08-06 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +4 min

Tim Walz of Minnesota emerged victorious and beat out a slate of candidates. In his post, Shapiro called Walz a "good friend" and "an exceptionally strong addition to the ticket." "It was an honor to be considered in this process, but Walz is a great friend and a great choice. JB Pritzker also praised Walz' Midwestern roots and called the fellow governor a "friend" in his statement, which he posted alongside a photo of the two men. "Governor Tim Walz is a proven leader who brings to public service the big heart and hard work of a Midwesterner," Pritzker wrote on X.

Persons: —, Kamala Harris, Tim Walz, Walz, Josh Shapiro, Harris, Shapiro, Sen, Mark Kelly of Arizona, isn't, — Kelly, Gabby Giffords, Andy Beshear, Transportation Pete Buttigieg, Buttigieg, JB Pritzker, Pritzker, Gretchen Whitmer, Roy Cooper of Organizations: Service, Gov, Minnesota, Business, Pennsylvania, Transportation, Democratic, Midwestern Locations: Pennsylvania, Philadelphia, Kentucky, United States, Michigan, Roy Cooper of North Carolina

☆ A second Iranian attack on Israel would likely dwarf its first
▼ + stars: | 2024-08-06 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

Read previewIran has repeatedly vowed it will attack Israel in response to the assassination of Hamas' political leader in Tehran on July 31. Iran directly attacked Israel for the first time in April, two weeks after Israel assassinated Iranian paramilitary commanders at an Iranian consulate annex in Damascus, Syria. AdvertisementHow Israel would retaliate for any Iranian attack would likely depend on certain factors. "If the coming Iranian attack causes Israeli casualties, they are likely to want to respond harshly," Azizi said. Devine believes Israel's response will depend on the "amount of damage and casualties" any Iranian attack ultimately causes.

Persons: —, Israel, Israel's, Fuad Shukr, Ismail Haniyeh, Antony Blinken, Arash Azizi, Azizi, what's, James Devine, Mount Allison University, Devine, MENAHEM KAHANA, Marwan Naamani, Ain, Washington Institute's Nadimi Organizations: Service, Business, Sunday, Clemson University, Iran's, National Security Council, Department of Politics, Relations, Mount Allison, Getty, Washington Institute for Near East, Tel, Hezbollah, Ain al Asad, IDF, Washington Locations: Iran, Tehran, Lebanon, Beirut, Israel, Iranian, Damascus, Syria, Britain, France, Jordan, Iraq's, Karbala, US, AFP, Yemen, Iraq, Tel Aviv, Lebanese, Ain al

☆ Kamala Harris selects Minnesota Gov. Tim Walz as her VP pick
▼ + stars: | 2024-08-06 | by ( Brent D. Griffiths | John L. Dorman | ) www.businessinsider.com time to read: +6 min

Read previewVice President Kamala Harris announced on Tuesday that she has selected Minnesota Gov. Tim Walz as her vice presidential pick, tapping a Midwestern mainstay who has deep roots in rural America to balance out the Democratic presidential ticket. Walz's selection was first reported by CNN. The former president held a rally in Minnesota not long before Walz's selection was announced. Related stories"What I know is that people like JD Vance know nothing about small town America," Walz recently told MSNBC.

Persons: —, Kamala Harris, Tim Walz, Tim, Harris, Joe Biden, CNN . Walz, Sen, Mark Kelly of Arizona, Josh Shapiro, Richard Nixon, Trump, Walz, JD Vance, Ohio, oSEAjbL9Ou — Tim Walz, George Floyd's, Paul, Jimmy Carter, Bill Clinton, America Harris, Walz's, Gwen, Stephen Maturen, Gil Gutknecht, GovTrack, Barack Obama's Organizations: Service, Minnesota Gov, Democratic, Business, Democratic Party, CNN, Gov, Pennsylvania, Minnesota, GOP, MSNBC, Voters, Democratic Governors Association ., Army National Guard, Guard, Chadron State College, Omaha World Herald, Farmer, Labor Party gubernatorial, Republican Rep, Republicans, National Rifle Association, Midwest, aren't Locations: America, Minnesota, @Tim_Walz, Chicago, Nebraska, Omaha, Pine, Lakota, Iraq, Iowa, Michigan, Wisconsin

☆ I got laid off at 65 and couldn't afford my Bay Area mortgage. Now, I work for myself while traveling the world.
▼ + stars: | 2024-08-06 | by ( Tony Woodall | ) www.businessinsider.com time to read: +6 min

Read previewI began my career in the financial services industry in 1985 in the warehouse at Fannie Mae Software Systems. I moved to the Bay Area and began my subsequent career in financial services. We couldn't recover before the Federal Reserve took us into receivership, making us the second-largest bank failure in history. The biggest problem was my homeWithout a full-time job, I could no longer afford the mortgage on my home in the Bay Area. Tony WoodallAfter Portugal, I joined friends in Medellín, Colombia, an inexpensive haven for digital nomads.

Persons: —, Tony Woodall, Woodall, you'll, I'm, I've Organizations: Service, Fannie Mae Software Systems, Business, realtors, Bank, LinkedIn, Bay Area, First Republic, Federal Reserve, Social Security Locations: Fannie, Atlanta, San Francisco, Bay, Silicon, California, Camino de Santiago, Spain, Portugal, Portuguese, Colombia, Medellín, Germany

☆ Uber reports better-than-expected results for second quarter
▼ + stars: | 2024-08-06 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

For the third quarter, Uber expects bookings of $40.25 billion to $41.75 billion. Uber's "monthly active platform consumers" (MAPCs) reached 156 million in the second quarter with 2.77 billion trips via the Uber platform. This compares to 137 million MAPCs and 2.28 billion trips during the same period a year ago. Uber also reported $1.02 billion in net income for the quarter, which included a $333 million pre-tax benefit from "revaluations of Uber's equity investments." The companies also plan "to collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber platform," Uber said on Tuesday.

Persons: Dara Khosrowshahi, Uber, Gross, Instacart, Tesla Organizations: Uber, LSEG Revenue, Bank of America Locations: Davos, Switzerland, Europe, Latin America, U.S

☆ Trump Reaches for His Birther Bag of Tricks - The New York Times
▼ + stars: | 2024-08-06 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

For years, before he won the Republican presidential nomination in 2016, Donald Trump was something like the spiritual leader of the Republican Party’s right-wing base. Birtherism made Trump a celebrity on the right. It made him so popular with Republican voters that, while fighting to win the 2012 race for the Republican presidential nomination, Mitt Romney ventured out to Las Vegas to receive Trump’s blessing and support. To attack the former president, Trump liked to insinuate that he wasn’t born in the United States. “He’s spent millions of dollars trying to get away from this issue,” Trump said in 2011.

Persons: Donald Trump, Barack Obama, Birtherism, Trump, Mitt Romney, ” Romney, Donald Trump’s, I’m, birtherism, —, delegitimize Obama, “ He’s, ” Trump, ” Organizations: Republican, Republican Party, Trump, “ Locations: United States, Las Vegas, birtherism, Trump

☆ Everything you wanted to know about the market meltdown but were too afraid to ask
▼ + stars: | 2024-08-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're giving a full breakdown of what has been a wild few days for the market . Tech: Big Tech is going through a bit of a mid-life crisis . Big Tech is going through a bit of a . There are a few factors at play here:Big Tech, the backbone of the market, had weaker-than-expected earnings last week. The decision could seriously hurt Google's revenue and may signal more antitrust enforcement to come for other Big Tech companies .

Persons: —, Airbnb, Rebecca Zisser, We're, what's, Warren Buffett's, Berkshire Hathaway, I'm, Claudia Sahm, M, Getty, Jenny Chang, Rodriguez, Jensen Huang, Citadel's Ken Griffin, Griffin, it's, Natalie Ammari, That's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Tech, Big Tech, Nasdaq, Federal Reserve, Apple, Oracle, Fed, Nvidia, Bank of America, Google Locations: Japan, Berkshire, Omaha, Asia, bitcoin, Florida, New York, London

☆ Logan Paul's Prime supplier is suing the energy drink company for $68 million, accusing it of cutting ties as demand cratered
▼ + stars: | 2024-08-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Refresco accuses Prime of failing to order the required amount during the first year of the contract, incurring a penalty payment. It's not the only lawsuit Prime is facing. In late April, a class-action lawsuit was filed accusing the brand of mislabeling the amount of caffeine in each drink. Prime filed a motion to dismiss the lawsuit. A similar lawsuit filed in 2023 was voluntarily dismissed.

Persons: —, Logan Paul —, Refresco, Paul, Ksi, It's, Sen, Chuck Schumer, they're, dink Organizations: Service, Business, Bloomberg, Refresco, Olympic, Paralympic, Games, USA Locations: Delaware, United States

According to experts, while it can be costly, new windows can provide significant benefits like lower outside noise and better energy efficiency for the entire home. Wood windows have a traditional look that can be styled with just about any color. “You just need to keep them clean.”The only minor difference between vinyl and wood windows regarding maintenance is sealing and painting. Alexander says that if you have wood windows, they should be sealed or painted if they are exposed to rain or snow. According to experts, a window’s insulating value is called its U-factor, and lower numbers have the best insulation for energy efficiency.

Persons: you’ve, you'll, Wood, casement, ”, Nicholas Alexander, Alexander, isn’t, it’s, “, Casement, Olivia Ott, It’s, Mark Soto, Mark, TikTok Organizations: NBC, Alexander Development Group, Casement, Lowes, Energy Star, Energy, U.S . Environmental Protection Agency, Facebook, Twitter Locations: HOA, Milwaukee , Wisconsin, DIYers

Di Bari is one of thousands of residents attempting to rebuild her home and business amid a flurry of instability. Courtesy Qiana and Michele Di BariToday, many Lahaina residents who lost their homes are still displaced as they scramble from one temporary shelter to another. “The true thing about Lahaina people is you cannot take Lahaina people out of Lahaina,” Nahoo’ikaika said. A man walks past wildfire wreckage in Lahaina, Hawaii, on Aug. 9, 2023. A rainbow is seen from Put Kukui mountain over burned cars and buildings in Lahaina, Hawaii, on Aug. 13, 2023.

Persons: restauranteur Qiana Di, Michele, Di, Qiana Di, Pepe, Michele Di Bari, ”, Jamie Nahoo’ikaika, Sale Pepe, Jaret, Levi, King Kamehameha III, Di Bari, Baris, Nahoo’ikaika, James Tokioka, Tiffany Kidder Winn, Lisa Grove, —, Josh Green, Kalama McEwen, he's, McEwen, Mengshin Lin, Cindy Canham, you’ve, Canham, Whaler’s, Jimmy Carter, she'll Organizations: Di Bari, NBC, FEMA, NBC News, Tourism, Maui, Hawaii Department of Business, Economic, Rural Health Association, The Washington, Getty Locations: Lahaina, Hawaii, restauranteur Qiana Di Bari, Maui, Italian, Di Bari, Paradise , California, Qiana Di Bari, New York, “, Lahaina , Hawaii, Hawaiʻi, ”, Texas, Kihei

The day's rout was sparked by a massive sell-off in Japanese stocks. The Nikkei fell 12.4%, its worst day since the 1987 "Black Monday" crash rattled investors around the world. Spencer Platt / Getty ImagesThe Japanese drawdown, in turn, was partly in response to the worse-than-expected jobs report published Friday that showed U.S. unemployment rising to 4.3% and just 114,000 jobs added in July. As soon as that report was published, stocks started erasing some of their earlier losses, while bond purchases, which had surged as investors sought safe-haven assets, faded. It’s a much easier decision to say I want to take my chips and go home here.”

Persons: Stocks, Spencer Platt, Apple, Warren Buffett's Berkshire Hathaway, ”, Michael Farr, Farr Organizations: Dow Jones, Nasdaq, Dow, Nikkei, New York Stock Exchange, Getty, Federal, Institute for Supply Management, Bank of Japan, U.S . Federal Reserve, Nvidia, Intel, Microsoft, Buffett, Miller & Washington Locations: New York City, U.S, Berkshire

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