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☆ $3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients
▼ + stars: | 2024-11-11 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Sword Health cut a portion of physical therapists last month, the company confirmed to BI. The startup is working to increase the number of patients its physical therapists care for using AI. AdvertisementSword Health has made cuts to its clinical workforce as the $3 billion startup seeks to manage more patients with the help of AI, Business Insider has learned. The layoffs come as Sword seeks to enable its PTs to treat more patients using AI. AdvertisementIt's not the only digital health startup waiting at the IPO gates.

Persons: —, Sword, would've, aren't, Virgilio Bento, It's, Bento, Morgan Stanley, Omada Organizations: BI, Service, Business Locations: Omada

☆ Inside Trump and Putin's first phone call since the election
▼ + stars: | 2024-11-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Trump also had a call with Ukrainian President Volodymyr Zelenskyy. The phone call on Thursday marks the first time the pair are known to have spoken since Trump won the election. AdvertisementWhen approached for comment, a spokesperson for the Trump campaign told Reuters that they "do not comment on private calls between President Trump and other world leaders." Zelenskyy told ABC News that he thought Trump's proposal was a "beautiful" notion but was not grounded on "real-life experience." "Every time he comes to our country, he walks away with $60 billion," Trump said at the rally.

Persons: Donald Trump, Vladimir Putin, Trump, Volodymyr Zelenskyy, —, Putin, Strong, Zelenskyy, realDonaldTrump, Vasily Nebenzya, that's, Володимир Зеленський Organizations: Service, Russian, Washington Post, Post, Reuters, Trump, Business, Zelenskyy, Fox News, ABC News Locations: Ukraine, Europe, Russian, Mar, Russia, Detroit

☆ Top tech fund manager at T. Rowe Price gives his best postelection picks from here
▼ + stars: | 2024-11-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

A top technology fund manager is laying out his favorite names in the sector going forward. "It's an exciting time where we're seeing productivity really get enhanced, and perhaps this being a really big industrial economic productivity increaser," Tony Wang, portfolio manager of T. Rowe Price's science and technology equity strategy, told CNBC's " Squawk Box " on Monday. Now, Wang believes the tide is shifting in favor of software companies and app developers launching and integrating AI products. Applovin surged 77%, scoring its best week on record, following a strong earnings report . "Technology trends are often on an exponential adoption curve, and a lot of times the market … underestimates these tech transitions."

Persons: Tony Wang, Rowe, CNBC's, Wang, Applovin Organizations: Nvidia, Wang, Marvell Technology Locations: ChatGPT, allocator

☆ My son used to hate hiking. After visiting 40 national parks, I've found the tricks for making it fun for him.
▼ + stars: | 2024-11-11 | by ( Amanda Adler | ) www.businessinsider.com time to read: +1 min

I do my research, set realistic goals, and choose hikes that are firmly within my son's abilities. I try to avoid a hike we can't reasonably complete. Amanda AdlerAlthough this may seem like a no-brainer, knowing what we're getting into is the key to our success. Now I take the time to fully research the hiking conditions, and I'll watch full POV YouTube videos to be sure I have the lay of the land before committing to a trek. I also plan for plenty of extra time — well beyond what's recommended for the hike — so my son can rest as needed without feeling rushed.

Persons: Amanda Adler, we're

☆ Take-Two Interactive CEO Strauss Zelnick: We're an organic growth story going forward
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTake-Two Interactive CEO Strauss Zelnick: We're an organic growth story going forwardStrauss Zelnick, Take-Two Interactive chairman and CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, growth outlook, future of gaming, impact of AI, M&A outlook, and more.

Persons: Strauss

☆ OpenAI is reportedly struggling to improve its next big AI model. It's a warning for the entire AI industry.
▼ + stars: | 2024-11-11 | by ( Hasan Chowdhury | Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

It reignites a debate about the feasibility of developing increasingly advanced models and AI scaling laws — the theoretical rules about how the models improve. It remains to be seen how smart an AI model can get when it has that much capital thrown at it. There could also be strategies to make AI models smarter by enhancing the inference portion of development. The model OpenAI released in September — called OpenAI o1 — focused more on inference improvements. Still, it's clear that, like Altman, much of the industry remains firm in its conviction that scaling laws are the driver of AI performance.

Persons: OpenAI's, It's, —, Sam Altman, Fabrice Beaulieu, Altman, OpenAI, Andrew Caballero, Reynolds, Ion Stoica, Gary Marcus, Anthropic, Marcus, Claude, Ilya Sutskever, Dario Amodei, Kevin Scott, we're, Scott, they've Organizations: Service, OpenAI's, Orion, Business, Getty, Companies, New York University, Reuters, Sequoia, o1 Locations: GPT, Silicon Valley, AFP

☆ Nvidia is the world's most valuable company (again). What's next for the AI chip king?
▼ + stars: | 2024-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

One thing that's widely understood is the artificial intelligence revolution is still in its infancy, and Nvidia is the go-to company for what's needed to run AI workloads. Microsoft : "We expect capital expenditures to increase on a sequential basis, given our cloud and AI demand signals," CFO Amy Hood said. Put another way, can the world's most valuable company, at nearly $3.6 trillion, get even more valuable? On current numbers, Nvidia is trading at about 37x calendar year 2025 earnings estimates. Visitors check out Nvidia's AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.

Persons: hasn't, Donald Trump's, Trump, Piper Sandler, Morgan Stanley, Nvidia's, NVDA, OpenAI's, we're, Anat Ashkenazi, Susan Li, Andy Jassy, Amy Hood, Hood, Piper, Blackwell, Hopper, Melius, –, Jensen Huang –, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Apple, Wall Street, White, Nvidia —, Melius, Blackwell, Trump, Google, AWS, Microsoft, Melius Research, Biden, CNBC, Visitors, Nurphoto, Getty Locations: China, CapEx, Beijing, U.S, Hangzhou

☆ Taiwan wants to buy F-35 fighter jets and Patriot missiles to show Trump it's serious: report
▼ + stars: | 2024-11-11 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +5 min

The package could include 60 F-35 fighter jets and 400 Patriot missiles, the FT reported. According to the Financial Times, the package could include 60 F-35 fighter jets, four Advanced Hawkeyes, 10 retired warships, and 400 Patriot missiles. "Taiwan is thinking about a package to show that they are serious," one former Trump administration official told the Financial Times. Blandin added that it's highly unlikely the US would send troops to defend Taiwan in the event of a Chinese attack. AdvertisementIn 2022, Biden vowed to defend Taiwan in case of a Chinese attack.

Persons: Donald Trump, —, Trump, Benjamin Blandin, Blandin, Sari Arho Havrén, Biden, Karoline Leavitt Organizations: Patriot, Service, Financial Times, Hawkeyes, Lockheed, Aegis, Business, Reuters, Institute for Economics, Peace, Bloomberg, Yokosuka Council, Pacific Studies, Trump, Taiwan, Royal United Services Institute, Air Missile Systems, White, British Locations: Taiwan, China, United States, Yokosuka, Asia, Singapore, Philippines, London, Taipei

☆ A sports medicine doctor shares 3 things she does to maintain muscle and stay active as she grows older
▼ + stars: | 2024-11-11 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

AdvertisementA doctor who specializes in active aging shared three things she does to stay healthy and mobile as she grows older. That's why Wright sees healthy musculoskeletal aging as "a lifelong pursuit." Learn how to lift weightsWright recommends strength training to build as much muscle as possible, particularly in the critical decade. Related storiesEat a high-protein diet and plenty of vitamin DEating a high-protein diet helps build muscle. Getty ImagesIn order to build muscle, you also have to make sure you eat enough protein, Wright said.

Persons: Vonda Wright, —, Wright, That's, Let's, Mike Molloy, It's, squats Organizations: Service, National Health, American Heart Association Locations: Florida

☆ My family of 5 lives in a small apartment. It helps us be minimalist and keep a connection with our neighbors.
▼ + stars: | 2024-11-11 | by ( Naomi Kaye Honova | ) www.businessinsider.com time to read: +5 min

My American family of five, two adults and three kids, lives in an apartment in Germany. AdvertisementOur family of five, two adults and three children, lives in an apartment in Germany. Apartment life is the norm where we live — most of our friends who have kids also live in apartments. However, since, by default, apartment life makes you more minimalist in terms of anything from furniture to toys, this certainly was helpful in regards to having far fewer boxes to pack. Apartment life is something that I feel contributes to our sense of community.

Persons: —, We've, we've, I'm, we're Organizations: Service Locations: Germany

☆ Bitcoin is closing in on $90,000 for the first time ever
▼ + stars: | 2024-11-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

In this article COINBTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTDado Ruvic | ReutersBitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. Its price is expected by many investors to continue making fresh records on its way up to $100,000 later this year. "Strong positive sentiment is likely to persist through the balance of 2024 and [we] see bitcoin prices potentially reaching the six-figure mark by the end of this year." Stock Chart Icon Stock chart icon Bitcoin is closing in on the $90,000 for the first time everCrypto investors have been cheering President-elect Donald Trump's promises to make the regulatory environment more supportive and even friendly toward crypto businesses, which have long struggled with a lack of clarity of the rules of the road. "We're now in a positive regulatory environment, we now have tailwinds from that, and that comes in the case of a market that was already in a bull market … that's going to push us higher."

Persons: Dado Ruvic, Reuters Bitcoin, cryptocurrency, Trump, Mike Colonnese, Wainwright, Donald Trump's, bitcoin, That's, Matt Hougan, We're Organizations: Reuters, Metrics, H.C, Bitwise Asset Management, CNBC Locations: Washington

☆ Here's what the Trump presidency could mean for the housing market, experts say
▼ + stars: | 2024-11-11 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump wants to address housing affordability in the U.S. by fomenting the construction of new homes. "We're going to open up tracks of federal land for housing construction," Trump said during an Aug. 15 news conference. While building more homes is the simpler answer to address the housing issue in the country, other promises Trump has made could deter affordability efforts, experts say. He also claimed that he would pull down mortgage rates back to pandemic-era lows, although presidents do not control mortgage rates, experts say. Here's how some of Trump's policies could affect the housing market during his administration, according to experts:

Persons: Donald Trump, Trump, Jim Tobin, it's, Jacob Channel Organizations: National Association of Realtors, National Association of Home Builders, Finance, Federal Reserve, Social Security, LendingTree Locations: U.S

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ I moved from California to Idaho because my home state changed politically. I love my new conservative community.
▼ + stars: | 2024-11-10 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Philip Wiseman and his wife moved to Idaho because they were fed up with California's politics. AdvertisementThis as-told-to essay is based on a conversation with Philip Wiseman, a 70-year-old retiree who moved from California to Idaho with his wife in 2021. Data compiled by Idaho officials showed 78% of voters who moved from California to Idaho registered as Republicans between 2020 and 2023. We miss our California and what California used to be. I used to love California but things changed as I got olderI moved to California when I was around 30.

Persons: Philip Wiseman, —, Monte Sereno, Biden, couldn't, we've, We've, We're, I'm Organizations: Republican, Service, Idaho, Biden Locations: Idaho, Eagle , Idaho, California, Northern California, Silicon, Monte Sereno, Los Gatos, California . California, Nevada, Texas, Arizona , Nevada , Tennessee, Florida, Boise, Eagle, Oregon, Seattle

☆ Palmer Luckey and other defense tech leaders see Trump's victory as a win for the industry
▼ + stars: | 2024-11-10 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Defense tech startups are anticipating growth under Trump's second term. AdvertisementSome leaders in the defense tech industry, including Anduril cofounder Palmer Luckey, think that defense tech startups are poised for success during president-elect Donald Trump's second term. Over the last decade, Silicon Valley has made waves in the defense tech industry. Some of the defense tech industry's optimism for Trump's victory lies in SpaceX founder Elon Musk's proximity to the president-elect and his vice president, JD Vance, Forbes reported. Luckey told Bloomberg that Musk has "outperformed every reasonable expectation."

Persons: Palmer Luckey's Anduril, Elon Musk's, Vance, —, Palmer Luckey, Donald Trump's, Luckey, Anduril, Biden, Elon, JD Vance, Forbes, Nathan Mintz, Musk, it's, Donald Trump, Brian Schimf Organizations: Defense, Trump, Service, Meta, Teledyne, Defense Department, Bloomberg, SpaceX, Elon, Forbes, Republican, United Locations: United States

☆ What Trump's mass deportation plan would mean for immigrant workers and the economy
▼ + stars: | 2024-11-10 | by ( Kevin Williams | ) www.cnbc.com time to read: +13 min

Mass deportation would exacerbate this economic issue, say employers and economists. Leverant says it is still being determined how jobs lost from a mass deportation would be filled. "Looking at specific occupations, about one-quarter of farm workers, agricultural graders, and sorters are undocumented workers. "One of the natural problems with undocumented workers, we don't know how many are here because they are undocumented. A mass deportation is not possible without crippling economic impact," he said.

Persons: Donald Trump, Donald J, Trump, Jason Leverant, Leverant, Chad Prinkey, AtWork, Janeesa Hollingshead, Hollingshead, Uber, Trump's, David Leopold, Leopold, Kristen Welker, isn't, they're, Nan Wu, Wu, Prinkey Organizations: U.S, White, TPS, AtWork, American Progress, American Immigration Council, American Community Survey, Pew Research Center, Consulting, Uber Works, American Immigration, Citizenship, Immigration Services, Trump, NBC News, AIC, USDA, Conservative, CNBC Workforce, cnbccouncils.com, wec Locations: Mexico, Eagle, , Texas, Piedras Negras, U.S, United States, Madison, New York, Greensfelder, California, Prinkey, Boston, Austin

☆ Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
▼ + stars: | 2024-11-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump's tariff proposals could worsen long-term inflation if global trade partners were to strike back. One-time tariffs, Kashkari said on CBS' "Face the Nation," "shouldn't have an effect long run on inflation." "The challenge becomes, if there's a tit for tat and it's one country imposing tariffs and then responses and it's escalating. Trump and his backers like billionaire Tesla CEO Elon Musk have also been outspoken about their desire to give the president input on Fed policy decisions.

Persons: Neel Kashkari, The Beverly Hilton, Donald Trump's, Kashkari, Trump, We've, Tesla, Elon Musk Organizations: Federal Reserve Bank of Minneapolis, The Beverly, Minneapolis Federal, Sunday, CBS, U.S, Wall Street Locations: Beverly Hills , California, U.S, Minneapolis, China

☆ Economists say Trump could give Americans the very thing they voted against
▼ + stars: | 2024-11-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

AdvertisementA key sticking point for the 73,479,065 Americans (and counting) who voted for President-elect Donald Trump was inflation. Inflationary promisesThe main Trump proposals viewed as inflationary are: sweeping tariffs on imports, mass deportation of immigrants, and lower taxes. Related storiesTypically, US companies simply pass the tariff costs to consumers via higher prices, and company executives are already signaling this to investors. Possible inflation falloutIf Trump delivers on all of these proposals, then a rebound in inflation is all but guaranteed, economists have said. AdvertisementIt's worth noting that the tariffs Trump enacted in his first term did not result in a significant inflation increase.

Persons: —, Donald Trump, Trump, It's, Taylor Rogers —, Philip Daniele, Timothy Boyle, Wendy Edelberg, Nobel, Paul Krugman, Ned Davis, Veneta Dimitrova, Dimitrova Organizations: Trump, Service, White, Biden, Republican National, Center, Columbia, Washington Post, National Association of Homebuilders, Federal Reserve Locations: China, —

☆ I'm a dad and an EMT. I use the same 4 steps in stressful situations at home as I do on the job.
▼ + stars: | 2024-11-10 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here's how police racism worksThat's when I learned there's a right — and a wrong — way to respond to stressful events, whether at home or at work. Twenty-three years later I'm a dad of three, and use the same tactics to respond to 911 calls that I use to handle stressful situations at home. Later in the day, I might find myself in a stressful situation. Today, I use the same approach to prepare for public speaking, which is sometimes part of my job.

Persons: Ryan Fields, He's, — Organizations: Service, Met Police Locations: FirstNet, Colorado

☆ Online sales of Plan B and birth control are surging after Trump's election, retailer says
▼ + stars: | 2024-11-10 | by ( Katie Balevic | ) www.businessinsider.com time to read: +5 min

Wisp, an online pharmacy, said sales of birth control surged after Donald Trump's election win. AdvertisementWisp, an online pharmacy focused on sexual and reproductive health, says sales of birth control and emergency contraception have surged in the United States in the last week. Wisp, which serves over 1.2 million patients nationwide, reported a 1,000% increase in emergency contraception purchases from November 5 to November 6. In the 24 hours after Election Day, Wisp said it saw a 1,650% increase in new patients purchasing emergency contraception. There was a 600% increase in medication abortion sales and a 50% increase in birth control sales.

Persons: Donald Trump's, Trump, —, Donald Trump, Monica Cepak, Cepak, Roe, Wade, Wisp, Amy Hagstrom Miller, Hagstrom Miller, Kimberly Inez McGuire Organizations: Service, Business, Democrats, Reproductive, Gender Equity, White Locations: United States, Texas , Indiana, Oklahoma, California, New York

☆ The 2 things that will drive the stock market after last week's Trump-Fed rally
▼ + stars: | 2024-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stock Chart Icon Stock chart icon Performance since Nov. 1 closeThe stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow , the S&P 500 and the Nasdaq to all-time highs. For the week, consumer discretionary, energy, industrials, financials, and information technology were the top five sectors. Only time will tell how the balance of power will play out and whether it's good or bad for the stock market. Barring anything catastrophic, President Joe Biden and Vice President Harris will hand Trump the baton of a healthy economy with moderating inflation and a strong stock market. Stock Chart Icon Stock chart icon Disney YTDDisney reports before the bell Thursday, and its experiences business will be in focus as it has softened recently due to the recent hurricane activity that forced closures at Florida theme park locations and inflation-weary consumers.

Persons: Donald Trump, Jerome Powell, Drew Angerer, Republican Donald Trump's, Kamala Harris, Dow, Jim Cramer, Wells Fargo Morgan Stanley, Trump, Joe Biden, Harris, FactSet, Helene, Milton, we're, Disney's, Tyson, JD.com Organizations: Federal, White House, Republican, Dow, Nasdaq, Staples, Honeywell, White, Capitol, Republicans, NBC News, Trump, Depot, Disney, CPI, PPI, Home Depot, Summer, IAC, Hertz, Tyson Foods, TSN, AstraZeneca, Occidental Petroleum, Rocket Companies, Cisco, Parts Locations: Washington ,, financials, Washington, inflect, Florida, Paris

☆ Kmart has all but disappeared from the US. But its Australian namesake is booming.
▼ + stars: | 2024-11-09 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +7 min

AdvertisementThe closure of a Kmart store in Bridgehampton, New York, in October marked the end of an era for the iconic chain. Now, just one Kmart store remains in the mainland US, tucked away inside an At Home store in southwest Miami. "We see this in things such as Kmart hacks," where creators showcase how they use Kmart products in novel ways to help in their everyday lives, Lloyd-Wallis said. A race to the bottomSo far, Kmart Australia has weathered the e-commerce storm, in part thanks to the geographical challenges companies like Amazon face in Australia. It seems, then, that Kmart Australia could find itself in a price race to the bottom.

Persons: —, Gary Mortimer, Mortimer, They've, Ian Bailey, it's, Bailey, we've, Anastasia Lloyd, Wallis, news.com.au, Roy Morgan, Laura Demasi, Roy Morgan's Organizations: Kmart, Service, Walmart, Target, Kmart Group, Queensland University of Technology, National Retail Federation, Kmart Australia, Getty, Retail Doctor Group, Lloyd, Amazon Australia Locations: Australia, Bridgehampton , New York, Miami, Australian, Melbourne, New Zealand, Target Australia, Canada, Singapore, Philippines, Sydney, Kmart Australia

☆ A man who paid $200.57 for a night at a famous NYC hotel and then lived there rent-free for years is unfit to stand trial, court says
▼ + stars: | 2024-11-09 | by ( Alcynna Lloyd | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Mickey Barreto lived in the New Yorker Hotel for free for years before his recent arrest. AdvertisementDoctors say a man who had lived inside the iconic New Yorker Hotel for free for more than half a decade is unfit to stand trial. Mickey Barreto lived in the New Yorker Hotel for years without paying a single cent in rent. In June 2018, Barreto and his partner, Matthew Hannan, stayed in room 2565 at the New Yorker Hotel for one night and paid $200.57. Although a judge ordered him to stop representing himself as the owner of the hotel, Barreto continued to live there for free.

Persons: Mickey Barreto, Barreto, Doctors, —, Cori Weston, Weston, Brian Hutchinson, Hutchinson, Alvin Bragg's, Matthew Hannan Organizations: New Yorker, Service, Manhattan District, New York Times, Times, Addiction, Mount, Business, Associated Press, Holy Spirit Association, Department of Environmental, Unification Locations: , New York, Mount Sinai, Hutchinson, Barreto's

☆ Insider Today: Rethinking supplements
▼ + stars: | 2024-11-09 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

On the agenda:But first: Inside the vacation-home tax drama in South Lake Tahoe. Brandon Olafsson/ ShutterstockFor Amanda Yen, a Business Insider fellow, her grandparent's vacation home in South Lake Tahoe is "the stuff of legend." However, a proposed annual tax measure on last Tuesday's ballot that was voted down by local residents made her family question whether they'd keep their house. What's been the initial reaction from second homeowners now that Lake Tahoe locals voted against Measure N? AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Brandon Olafsson, Amanda Yen, she'd, they'd, Amanda, What's, Amelia Richmond, Kamala Harris, they're, Steve Teshara, Rebecca Zisser, Jenny Chang, Rodriguez, Ivan, Fido Carl Godfrey, Natalie Ammari, Smart Ray, Ray, We've, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Business, Service, BI Cruises, BI, Paramount Network, tote Locations: Atlanta, peachy, South Lake Tahoe, South Lake, Lake Tahoe, Vietnam, Cambodia, New England, New York City, New York

☆ The directors of A24's new horror film used their movie to slam Hollywood's 'weird' use of AI
▼ + stars: | 2024-11-09 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +4 min

"Heretic," the newest horror movie from indie studio A24, doesn't use any generative AI. AdvertisementA24's new horror movie "Heretic" is a terrifying rumination on faith and belief. But the duo still chose to include a disclaimer in their film's end credits stating that no generative AI was used to make their movie. They're specifically talking about generative AI, in which the technology creates new images, videos, or text content. "'Heretic' is very much a personal movie," Beck said.

Persons: Scott Beck, Bryan Woods, —, Hugh Grant, Beck, Woods, Sophie Thatcher, Chloe East, creatives, Romulus, Casey Affleck, Jason Blum Organizations: Hollywood, Service, Blumhouse, Meta

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