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New York Attorney General Letitia James sued Citibank for allegedly failing to protect and reimburse victims of electronic fraud, according to a Tuesday release. The suit claims that Citi does not have strong protections in place to prevent unauthorized account takeovers, misleads victims of fraud and illegally denies reimbursements. The attorney general's office said the alleged failure on Citi's part has cost New York account holders millions of dollars, and in some cases, their entire life savings. In a statement, Citi said the bank "works extremely hard" to prevent threats and assist customers who become victims of fraud. James alleged in the lawsuit that Citi must reimburse victims of fraud under the Electronic Fund Transfer Act.
Persons: Letitia James, Banks, James, we've Organizations: New, Citibank, Citi, Electronic Locations: York
Leaders should start with the basics and understand what AI is and what it means for their business. Courtesy of World Wide TechnologyThe spectacular introduction of generative AI into mainstream consciousness can make it feel like the underlying technology is unique. The imperative to be proactiveAI is, and will continue to be, a transformative force in today's business world. To realize its benefits, organizations need an approach to AI solution development and adoption that is thoughtful, strategic, and practical. This post was created by World Wide Technology with Insider Studios.
Persons: Jim Kavanaugh Organizations: Fortune, Technology, Insider Studios
7:08 a.m.: BTIG upgrades Block to buy, bullish on Cash App and Square growth Analyst Andrew Harte upgraded Block to buy from neutral, saying margins are poised to expand. His $85 price target implies shares could gain more than 23%. Braziler's new price target of $72, higher by $10, suggests about 2.7% potential upside over the next 12 months. That is equivalent to $12B revenue or 800k units," wrote analyst Srini Pajjuri. Morgan Stanley raised its price target on Citigroup to $65 from $46, implying upside of 20.1% over the next 12 months.
Persons: Morgan Stanley, Goldman Sachs, Andrew Harte, Harte, Cash, — Pia Singh, Timur Braziler, , Braziler, WAL, Oppenheimer, Brian Nagel, Nagel, Raymond James, Adam Tindle, Tindle, CrowdStrike, Batya Levi, Levi, EBITDA, Raymond James downgrades, Srini Pajjuri, Fred Imbert, Goldman Sachs Morgan Stanley, Betsy Graseck, Graseck, Goldman Organizations: CNBC, Bank of America, Citigroup, UBS, Spotify, Western Alliance, Alliance Bancorp, Palo Alto Networks, AMD, BofA, Global Banking, Markets Locations: Wells Fargo Wells, CY23, Basel
How to strengthen the weaker side of your body
  + stars: | 2024-01-28 | by ( Dana Santas | ) edition.cnn.com   time to read: +7 min
And because muscles work in chains, imbalance-related issues can become a chain reaction, affecting other parts of the body. When it comes to unilateral strength training, dumbbells are the perfect equalizing tool, demanding matching effort from both sides. Leverage science for corrective exerciseOne of the significant differences of unilateral training compared with standard bilateral training is its unique effectiveness as a rehabilitation tool. Research has found that when you train one side of the body with unilateral training, the other side is also stimulated, and this indirect stimulation actually strengthens the nonworking side. No need for an exhaustive focus on the weaker side; by practicing unilateral exercises with equal effort, cross-education training supports the creation of balanced strength and stability.
Persons: Dana Santas, CNN —, sidedness, Maskot Organizations: Pain, CNN, Major League Baseball, UCL
Mary Hemm did a home hormone test on the cusp of her 29th birthday. Because of the test results, she was diagnosed with cancer. I decided to take a home hormone test. When the doctor walked in, he had paperwork in one hand and a thyroid cancer brochure in the other. I had papillary thyroid carcinoma, a common and highly treatable form of thyroid cancer.
Persons: Mary Hemm, , I'd Organizations: Service, Fertility
NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.
Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S
Your 401(k) may look a little better than usual as tech stocks pushed the S&P 500 index to another all-time high as of market close on Thursday. But now's not the time to change up your retirement saving strategy. Your retirement saving strategy should be proactive rather than reactive. Since the stock market is, by nature, unpredictable, it isn't wise to base your long-term investment strategy on how the market is performing in the short term. "You can't predict exactly when that bull market becomes a bear market and vice versa," Shamrell says.
Persons: now's, You've, Douglas Boneparth, Mike Shamrell, Shamrell Organizations: Bone, CNBC
With so much optimism infusing markets at the moment, it's almost refreshing to chat with a pessimist like Guy Pope, the manager of Columbia Threadneedle's Contrarian Core Fund. Employing a philosophy of finding out-of-favor contrarian investments, he doesn't use complicated algorithms or obscure metrics to find the stocks he adds to his fund. AdvertisementStart with pessimismWhen it comes to consistently outperforming the market, Pope credits his success to one main factor: searching areas that other people aren't focused on. That turned out to be a prescient move the following year, when the market tanked and the growth stocks that had been flying so high were brought low. Advertisement3 contrarian stock picksA straightforward strategy and a distinctly disciplined approach have combined to give Pope and his fund a leg up on the competition.
Persons: Guy Pope, He's, Russell, , Pope, he's, Pope doesn't, it's, Elevance, lockdowns, Charles Schwab Organizations: Service, Columbia, Business, CNBC, Elevance, Nike
Protesters gathering outside the International Court of Justice in The Hague this month. The International Court of Justice is set to rule on Friday on South Africa’s demand that Israel immediately suspend its military offensive in Gaza. Decisions by the court, the United Nations’ top judicial body, are binding, but the court has few means of enforcement. Still, a ruling against Israel would add to international pressure on Prime Minister Benjamin Netanyahu’s government over the war. Image The judges of the International Court of Justice before the hearing of the genocide case against Israel in The Hague this month.
Persons: Benjamin Netanyahu’s, Israel, , Remko De, Yoav Gallant, Avishag Shaar, Khan Younis, Fatima Shbair Organizations: International Court of Justice, Court of Justice, United Nations, Israel, South, Shutterstock South, Yashuv, The New York Times, Hamas, ., Associated Press, . Security, West Bank Locations: The Hague, Israel, Gaza, Remko De Waal, Shutterstock, Shutterstock South Africa, Rafah, United States
Online banks, which have offered some of the richest annual percentage yields on savings products, are slashing the interest they pay. Though the 1-year Treasury bill is yielding about 4.78%, select institutions will offer upward of 5% to hold your cash in a 1-year CD. "We believe banks are repositioning their CD rates ahead of potential Fed rate cuts in 2024," said analyst Michael Kaye in a report on Friday. See below for a table of where online banks now stand on 1-year CD rates. Wells Fargo scanned the online banks under its coverage and found the average APY for a 1-year CD was 0.64% in March 2022.
Persons: Wells Fargo, Michael Kaye, Mark Haefele, Cash Organizations: Treasury, Federal Reserve, CME Group, Synchrony, UBS Locations: Wells
This story is part of CNBC Make It's Ditching the Degree series, where women who have built six-figure careers without a bachelor's degree reveal the secrets of their success. "At that point, I was like, 'Well, how far can I go without a bachelor's degree?'" Ansley says this proactive approach to her professional growth and networking helped her transition from marketing to product management. While some companies prefer product managers to have a bachelor's degree in business management, supply chain management or a related field, it isn't always required. Why product management is a 'great career' for someone without a degree
Persons: Ansley, Kami Smith, isn't, Smith Organizations: CNBC, Tillotson University, University of Texas, Texas Windstorm Insurance Locations: AskMakeIt@cnbc.com, Austin , Texas, San Antonio, Texas, Houston, BMF, Austin, South, Austin .
Levels of unrulinessIATA classifies unruly behavior incidents into four levels. The latest available IATA data, from 2022, indicates most disruptive passenger incidents involved non-compliance, verbal abuse and intoxication. Passengers refusing to wear masks was a contributing factor to the rise in unruly incidents during that period. Ronaldo Schemidt/AFP/Getty ImagesOf the 5,981 unruly passenger incidents reported to the FAA in 2021, 4,290 were face mask-related. “If you are a potentially unruly passenger, do you really not become unruly because you saw some zero tolerance unruly behavior video?” he questions.
Persons: Philip Baum, Baum, , ” Baum, stank, ‘ Philip, can’t, ’ ”, , Susannah Carr, , There’s, Liz Simmons, Simmons, Ronaldo Schemidt, It’s, Kris Major, Mizuki Urano, ” John Franklin, Franklin, EASA’s, there’s, Aleksandra Kapela, Kapela, ” Kapela, Sta Rosa, restaffing, “ We’re, ” There’s, Philip Baum’s, Polly Hilmarsdóttir, Daniela Modnesi, Modnesi, it’s, Jim Vondruska, they’re, we’ve, EASA’s Franklin, EASA, “ We’ve Organizations: CNN, CNN Travel, Transport Security International Magazine, Management, International Air Transport Association, European Aviation Safety Agency, Federal Aviation Authority, FAA, American, European Union Aviation Safety Agency, International Civil Aviation Organization, Japan Airlines, Staffing, Aviation, European Transport Workers ’ Federation, FBI, TSA, Airlines, Dutch, KLM, Nippon Airways, ANA, American Airlines Locations: Oceania, AFP, Icelandair, Tokyo, Montreal, Europe, Texas
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Boeing CEO Dave Calhoun met with several U.S. senators Wednesday on Capitol Hill as scrutiny on the company's leaders intensifies over a blown door plug on one of the company's 737 Max 9 planes. "I'm here today in the spirit of transparency ... [and to] answer all their questions, because they have a lot of them," Calhoun told reporters. Earlier Wednesday The Seattle Times reported that the fuselage panel that blew out during the Alaska Airlines flight, manufactured by Spirit AeroSystems , was removed for repair and then improperly reinstalled by Boeing's mechanics, not Spirit's. The stock is down more than 10% since the Jan. 5 Alaska Airlines incident.
Persons: Dave Calhoun, Calhoun, It's, Mike Whitaker, Sen, Dan Sullivan, Sullivan, Spirit AeroSystems, AeroSystems Organizations: Alaska Airlines, Portland International Airport, Boeing, Capitol, Federal Aviation Administration, FAA, CNBC, Republican, Aviation, The Seattle Times, Spirit, U.S . National Transportation, Seattle Times, NTSB Locations: Portland , Oregon, Alaska, Calhoun
CNN —Venmo, Cash App, PayPal, Zelle and other payment apps may be convenient ways to send cash with a few taps of your smartphone, but they’re a breeding grounds for theft, Manhattan District Attorney Alvin Bragg tells CNN. Bragg says he’s seen so many instances of criminals using payment apps as a crime of opportunity. The passenger would ask to put in a new address into the Lyft driver’s phone and once inside, they would transfer the in-app earnings to their own bank accounts using Cash App, the records show. Once in custody, investigators found that the pair has sent themselves $1,749 using Cash App, the records show. Bragg said his team has been trying to get the word out in recent years and have heard from victims who never came forward during outreach campaigns about cash app thefts.
Persons: CNN —, Attorney Alvin Bragg, swindlers, Bragg, Sen, Elizabeth Warren’s, , ” Bragg, Zelle, he’s, It’s, Organizations: CNN, PayPal, Attorney, Consumer Financial Locations: Manhattan, New York, Zelle, Los Angeles, Boston
He spent more than a week in an inpatient mental health unit, but once home, he was offered sparse mental health resources. Despite decades of research into suicide prevention, suicide rates among Indigenous people have remained stubbornly high, especially among Indigenous people ages 10 to 24, according to the CDC. Experts say that’s because the national strategy for suicide prevention isn’t culturally relevant or sensitive to Native American communities’ unique values. Several tribal communities are attempting to implement a similar system in their communities, said Cwik. Pamela End of Horn, a social worker and national suicide prevention consultant at IHS, said the Department of Veterans Affairs “has a suicide coordinator in every medical center across the U.S., plus case managers, and they have an entire office dedicated to suicide prevention.
Persons: Amanda MorningStar, , , MorningStar, Ben, Ben MorningStar, Mary Cwik, ” Cwik, Joseph P, Gros, Stephen O’Connor, Teresa Brockie, Brockie, Fort Belknap, It’s, Cwik, Pamela, Department of Veterans Affairs “, Robert Coberly, Coberly, Dr, Sanjay Gupta, ” Ben MorningStar Organizations: Health, Blackfeet, Centers for Disease Control, Montana Budget, Policy, . Montana, CDC, Indian Health Service, IHS, Center, Indigenous Health, Johns Hopkins Bloomberg School of Public Health, Harvard University, Division of Services, Intervention, National Institute of Mental Health, , NIMH, National Institutes of Health, Mental Health Services Administration, Johns Hopkins School of Nursing, American Public Health Association, Department of Veterans Affairs, Oglala Lakota, Rural Behavioral Health Institute, CNN, CNN Health, Kaiser Health, KFF Locations: Heart Butte , Montana, United States, Heart Butte, Baltimore, Montana, Fort, Aaniiih, Fort Peck, Peck, Arizona, U.S, South Dakota, Tulalip, Washington
Balyasny Asset Management is working to build the AI equivalent of a senior analyst by combining multiple different AI tools, the hedge fund's head of applied AI told Business Insider. Balyasny is working to plug BAM ChatGPT, as it's called, into every internal and third-party dataset at Balyasny. "We're pretty laser-focused right now to move from junior analysts to senior analysts," Flanagan said of the agents' abilities. AdvertisementCharlie Flanagan, head of applied AI, Balyasny Asset Management Balyasny Asset ManagementHedge funds are keen to capitalize on the AI wave sweeping up Wall Street. AdvertisementLooking ahead, Flanagan is encouraging analyst and PM teams to build their own "agents" using AI building blocks created by the Applied AI team.
Persons: we're, Charlie Flanagan, Flanagan, Slack, aren't, Goldman Sachs Organizations: Service, Balyasny, Management, Business, Microsoft, Software, Man, Sigma, Wall, Citadel, BAM, intel Locations: Bridgewater
It uses the same door-plug design as the 737 Max 9 involved in the Alaska Airlines blowout. The Boeing 737-900ER uses the same door-plug design as the Max 9, which has come under scrutiny since the Alaska Airlines blowout on January 5. On Sunday, the FAA said it recommends "operators of Boeing 737-900ER aircraft visually inspect mid-exit door plugs to ensure the door is properly secured." The door plug is undergoing testing to determine if they were ever installed. Loose hardware was also discovered on other Max 9 jets after they were grounded, by United and Alaska Airlines.
Persons: Max, Organizations: FAA, Boeing, Alaska Airlines, United, Delta Air Lines, Service, Federal Aviation Administration, Reuters Locations: United , Alaska, United, Alaska
How to find a hobby
  + stars: | 2024-01-20 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +7 min
But if that's not for you — or if you're struggling to find something to do outside of work — experts shared how to find a hobby. The big storyA guide to finding a hobbyRobyn Phelps/InsiderHaving a hobby can help people tackle their work and personal life with more energy. Treat finding a hobby like a projectYou likely won't find the perfect fit immediately, Laura Vanderkam, the author of "168 Hours: You Have More Time Than You Think," told me. Or if they're also trying to find a hobby, ask what the people around them do for fun. Be patient but proactiveAdvertisementVanderkam told me that finding a hobby just takes a bit of time, experimentation, and being open to different things.
Persons: , that's, Robyn Phelps, I've, Alexis Haselberger, Laura Vanderkam, It'll, Vanderkam, Haselberger, they're, she's, Joey Hadden, andresr, Kornmesser NASA's James Webb, Gen, Patrick Pleul Organizations: Service, Business, Orient, Express, Volkswagen, Ford, Tesla, LinkedIn, ESO, ESA, Hubble, Kornmesser NASA's James Webb Space Telescope, IKEA, Getty, Ikea Locations: Venice, Brandenburg, Schönefeld, Dahme
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management and reduce costs, it announced Friday. The company plans to lay off around 1,650 employees, including 19% of its corporate team, with a focus on people in management and leadership positions, the company said. The restructuring – the third Wayfair has implemented since summer 2022 – is expected to save the company about $280 million, it said. The layoffs come after Hasbro , Etsy and Macy's all announced cuts to their workforces as retailers contend with slowing demand and an uncertain economy. As a result, Wayfair has needed to make cuts to ensure its staffing levels are proportionate to how much business it's doing.
Persons: , Niraj Shah, Macy's, Wayfair Organizations: New York Stock Exchange, Hasbro, Etsy
Depending on the angle from which you view it, the genocide case against Israel at the International Court of Justice can embody either the promises or the failures of one of the primary aims of the international human rights project: making rights a matter of law, not just of power. Last week, the court, which is the United Nations’ top judicial body, heard initial arguments in the case brought by South Africa in late December, which accuses Israel of “acts and omissions” that are “genocidal in character” against Palestinians in Gaza. This is only the fourth time that a country has brought a genocide case before the I.C.J. And the other three have been filed in just the last four years: a 2019 case against Myanmar alleging genocide against the Rohingya minority; a 2022 case alleging Russia had abused the Genocide Convention as a pretext for an illegal invasion of Ukraine, and that Russia appeared to be planning acts of genocide in Ukraine; and the current case against Israel. Israel categorically denies the accusation, and the 17 judges sitting in this case are now deliberating whether to order “provisional measures,” a temporary order that would ask Israel to take proactive steps to ensure genocide doesn’t occur in the future, while the case is pending.
Persons: Israel, Organizations: Israel, International Court, United Nations Locations: South Africa, Gaza, Myanmar, Russia, Ukraine, Israel
This article is part of our "Business for Good" series spotlighting business leaders and companies that are driving meaningful changes from Singapore. Currently based in Singapore, he's serving as our trusted resource for the innovative projects unfolding in one of the world's most advanced and progressive business hubs. The city-state's government is nimble and efficient; the business atmosphere is open and collegial; and the quality of life is unparalleled. NesteSingapore is considered a global business hub thanks to its great sea and air connectivity, developed infrastructure, stable political and regulatory environment, and skilled workforce. Bartholomeusz shares my appreciation for Singapore's public safety.
Persons: Kris LeBoutillier, he's, It's, Steven Bartholomeusz, APAC, it's, José Pedro Borges, Borges, Maya Hari, — Hari, Hari, Terrascope Organizations: EDP Renewables, APAC, Cisco, Google, Microsoft, José Pedro Borges Companies, Insider Studios, Singapore Economic Development Board Locations: Singapore, Asia, Thailand, Indonesia, New York City, Neste, Neste Singapore, Lisbon, EDPR
Islamabad, Pakistan CNN —Pakistan and Iran have both conducted strikes on each other’s territories in an unprecedented escalation of hostilities between the neighbors, at a time when tensions have risen sharply across the Middle East and beyond. Iran claimed it had “only targeted Iranian terrorists on the soil of Pakistan” and that no Pakistani nationals were targeted. In 2015, the group claimed responsibility for an attack that killed eight Iranian border guards, with militants reportedly crossing into Iran from Pakistan. Iran’s strikes on Tuesday sparked a diplomatic spat, with Pakistan recalling its ambassador from Iran and suspending all high-level visits from its neighbor. And after Pakistan’s strikes, Iran on Thursday demanded “an immediate explanation” from its neighbor, Tasmin reported.
Persons: Islam –, hideouts, Jaish al, , Karim Sadjadpour, Wesley Clark, , Jaish, CNN What’s, Tasmin, Matt Miller, Washington, “ We’ve, , Miller, ” Pakistan’s Organizations: Pakistan CNN —, Adl, Justice, Iran’s, Carnegie Endowment, International, US Army, CNN, Hamas, US, National Counterterrorism Center, US State Department, US State, Pakistan – Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Iran, Balochistan, Sistan, Baluchestan, restive Baloch, Gaza, Here’s, Pakistan’s Balochistan, Iran’s, Iran’s Sistan, Baluchestan province, Islam, , United States, Iraq, Syria, Israel, Lebanon, Yemen, Red, NATO, Afghanistan, Tehran, Pakistan’s, Iranian, India, ” China
Sam Altman has a huge task in Davos: convince leaders he won't repeat Facebook's election mistakes. OpenAI has outlined its plan to prevent tools like ChatGPT from being used to interfere with elections. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The fretful among them will have a much more pressing question to ask: what's his plan to avoid Mark Zuckerberg election mistakes ? In the wake of the 2016 election, Zuckerberg dismissed the suggestion that Facebook influenced the vote as a "pretty crazy idea."
Persons: Sam Altman, OpenAI, , Mark Zuckerberg, Zuckerberg, Altman, Meta's Mark Zuckerberg, Chip Somodevilla, ChatGPT, Joe Biden Organizations: Service, World Economic, Facebook, Republicans Locations: Davos, Swiss, Russia
Lululemon founder Chip Wilson criticized the company's 'whole diversity and inclusion thing.' Former Lululemon employees of color said Wilson's remarks and the company's response failed its mission of increasing diversity. AdvertisementLululemon's employees of color are making their voices heard after the company's founder blasted its diversity initiatives. In January, Lululemon founder Chip Wilson told Forbes that he doesn't agree with the company's "whole diversity and inclusion thing." "The company has failed all Black employees and employees of color," Michael Collins, a former Lululemon store manager, told Business Insider.
Persons: Chip Wilson, , Forbes, Wilson, You've, Wilson's, Michael Collins, they're, women's, Lululemon, Collins, Miya Dotson, Dotson Organizations: Service, Business, Fashion, Equity
Aly Song | ReutersBEIJING — China's annual exports fell for the first time in seven years in 2023, even as shipments in December beat expectations, customs data showed Friday. But for 2023, exports fell 4.6%, the first such annual drop since a 7.7% decline in 2016, according to Wind Information. By country, the U.S. remained China's largest trading partner. Russia was a rare bright spot, with China's exports to the country climbing nearly 47% in 2023, and imports rising almost 13%. China's exports in most product categories fell in 2023, with machinery, boats and home appliances among the few exceptions.
Persons: Aly Song, Caixin, Larry Hu, Zhiwei Zhang Organizations: Reuters, Information, of Southeast, Nations, European Union, U.S ., China, National Bureau, Statistics Locations: Yangshan, Shanghai, China, Reuters BEIJING, U.S, Russia
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