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☆ Before Fox News, Tucker Carlson worked at CNN. The show he co-hosted was canceled after a tense on-air exchange where Jon Stewart called him a 'dick.'
▼ + stars: | 2023-04-26 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

Tucker Carlson worked at CNN before he helmed the top-rated show at Fox News. Jon Stewart once called Carlson a "dick" on the show Carlson hosted on CNN, "Crossfire." The political debate-styled program was canceled in 2004 after a tense on-air exchange where comedian Jon Stewart called Carlson a "dick." Carlson later told Stewart, "I thought you were going to be funny. After CNN, Carlson worked at PBS and MSNBC.

☆ Opinion | The Tucker Realignment
▼ + stars: | 2023-04-25 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

The master key to understanding Tucker Carlson’s programming wasn’t ideology; it was suspicion. Then something changed — after the Iraq war, after Jon Stewart helped kill “Crossfire,” he gradually became disillusioned, radicalized. But Carlson wasn’t like the right-wing personalities — a Mark Levin, say — who surrendered to Trumpism reluctantly because that’s where their listeners wanted them to go. Which is why his show was the farthest right on cable news but also sometimes the farthest left. These forays were not in tension with his willingness to entertain the far right’s “Great Replacement” paranoia about immigration or fixate on a possible F.B.I.

☆ Tucker Carlson has now parted ways with 3 major cable news networks
▼ + stars: | 2023-04-25 | by ( Chris Kaye | ) www.businessinsider.com time to read: +5 min

Tucker Carlson has parted ways with Fox News, the media network announced Monday. Tucker Carlson is out at Fox News and no definitive reason has been given by him or his former employer. "FOX News Media and Tucker Carlson have agreed to part ways," the network said in a Monday statement. The New York Times reported on Monday that Grossberg's legal team would depose Carlson "in the very near term." "I'm not defending it as the smartest choice, but I think it's the most interesting," Carlson told the Washington Post at the time.

☆ How Tucker Carlson went from a CIA reject to the most-watched person on cable news — to now out of a job
▼ + stars: | 2023-04-24 | by ( Sophia Ankel | Madeline Berg | ) www.businessinsider.com time to read: +2 min

Tucker Carlson and Fox News parted ways on Monday. Carlson was the network's most popular host, but his time there was marked with controversy. Most recently, the network paid a $787.5 million settlement in a suit brought by Dominion Voting Systems. Tucker Carlson was the most-watched man on cable — and now he is no more. The suit claims Carlson presided over a culture of misogyny and antisemitism.

☆ Queen Camilla’s son, Tom Parker Bowles, says his mother ‘married the person she loved’
▼ + stars: | 2023-04-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

London CNN —Tom Parker Bowles, the son of Britain’s Queen Camilla and her first husband, Andrew Parker Bowles, has said that his mother “married the person she loved.”Speaking two weeks before his mother is due to be crowned alongside King Charles III, food writer Parker Bowles told the News Agents podcast: “I don’t care what anyone says, this wasn’t any sort of endgame. She married the person she loved and this is what happened.”Camilla and Charles have been married since 2005. Tom Parker Bowles is a food writer and critic. “I think anyone would be anxious in an occasion of this sort of importance,” Parker Bowles said. “I don’t think he knows quite how big it’s going to be,” Parker Bowles said when asked about his son’s reaction.

☆ ECB market rate bets: still some unfinished business for the hawks
▼ + stars: | 2023-04-19 | by ( Stefano Rebaudo | ) www.reuters.com time to read: +4 min

Having firmly scaled-back rate expectations amid last month's market turmoil, investors no longer expect borrowing costs to stay higher for longer and are cautious about pricing in a deposit rate above 4%. The November 2023 ECB euro short-term rate (ESTR) forward rose to 3.65% on Wednesday, implying expectations for a deposit rate of around 3.75%. Citi meanwhile argued that the June ESTR or money market contract was less appealing from a hedging standpoint while markets were pricing a peak of 3.75%. bundfuturevolBut Bund futures volumes declined after March 15 as markets once more revised their rate expectations upwards. This means that the smaller the gap between the current benchmark rate and the expected rate, the lower the volatility, and vice versa.

☆ FedEx is on the cusp of a seismic shift — and it will forever change the company as we know it
▼ + stars: | 2023-04-09 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

"We will be consolidating our operating companies into one unified organization," FedEx CEO Raj Subramaniam told investors Wednesday. The shift will make FedEx's operational strategies more like competitors UPS and DHL. Regulatory risk brings up an old questionThere may also be some risks coming to the new, integrated FedEx from outside the company. In a stark difference between UPS and FedEx, UPS falls under the National Labor Relations Act and FedEx Express under the Railway Labor Act. Betting the future on slower servicesThe third risk analysts raised was market share.

☆ FedEx is rolling out the biggest transformation in its 50-year history. The potential reward is huge, but so are the risks.
▼ + stars: | 2023-04-06 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

☆ Jon Stewart sarcastically says 'what's happened to our country' after being asked about a potential Trump indictment: 'It's as though you can't even commit financial fraud anymore'
▼ + stars: | 2023-03-27 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Jon Stewart said conversations about Donald Trump should not concern whether or not he should be indicted. "I think the law should always take into account someone's popularity," Stewart said, sarcastically. "I think the law should always take into account someone's popularity," Stewart replied, sarcastically. Stewart also railed against the lack of "accountability in our financial systems" and brought up congressional stock trades as an example. Last week, Trump posted on Truth Social to warn about "potential death & destruction" should he be charged.

☆ The TikTok hearing was an ugly political theater
▼ + stars: | 2023-03-23 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Despite lacking evidence for their belief that TikTok is a spying tool for the Chinese Communist Party, US lawmakers from both parties on Thursday carried out an ugly political theater to advance that narrative. But — and I cannot stress this enough — the national security concerns are purely hypothetical. And against that tense (not to mention deeply xenophobic) backdrop, everyone in Washington is bolstering their “tough in China” credentials. “We see this handwringing about TikTok as a big distraction from the conversation that we really need to be having,” Greer said. “It’s a national embarrassment that we have no basic data privacy law in the United States.”Enjoying Nightcap?

☆ Adam Sandler honored with Kennedy Center's Mark Twain Prize
▼ + stars: | 2023-03-20 | by ( Jeff Mason | ) www.reuters.com time to read: +3 min

[1/5] Actor and comedian Adam Sandler waves as he is awarded the Mark Twain Prize for American Humor at the Kennedy Center in Washington, U.S., March 19, 2023. REUTERS/Joshua RobertsWASHINGTON, March 19 (Reuters) - Actor and comedian Adam Sandler became the 24th recipient of the Kennedy Center's Mark Twain Prize for American Humor on Sunday, at an evening event featuring stars Jennifer Aniston, Chris Rock and Conan O’Brien to celebrate his comedy and career. With the White House a short distance from the Kennedy Center, some presenters touched on politics. Sandler joins the ranks of other comedians who have received the Mark Twain Prize, including Jon Stewart, Dave Chappelle, Julia Louis-Dreyfus, David Letterman, Carol Burnett, Eddie Murphy and Ellen DeGeneres. The prize is named after novelist and essayist Samuel Clemens, better known by his pen name, Mark Twain.

☆ Spring training roundup: Max Fried stays unbeaten, Braves blank Twins
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

Ozuna's home run -- his first of the spring -- came in the third inning and completed the scoring. Twins starter Kenta Maeda (0-1) gave up five runs (all earned) and five hits in four innings. For the Blue Jays, starter Alek Manoah (1-2) gave up one run and five hits in six innings. Rockies 7, Royals (split squad) 0 (six innings)German Marquez tossed five shutout innings as visiting Colorado blanked Kansas City in Las Vegas. Elehuris Montero and Michael Toglia went deep for the Rockies, while Matt Beaty doubled for the Royals' only extra-base hit.

☆ VIEW US intervenes to shore up SVB deposits, stem financial fallout
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +10 min

March 13 (Reuters) - The U.S. government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of tech startup-focused lender Silicon Valley Bank (SIVB.O) (SVB), sending U.S. stock futures higher. "The market turbulence sparked by SVB has upended rising market expectations on the Fed rate path. The fact that SVB and Signature Bank depositors will be made whole is critical in maintaining trust in the financial system and should help stem contagion fears this week. But it also means that 50 basis points (a possible Fed interest rate hike) is off the table." Given what's happened in the U.S. financial system, a 25 basis point hike is more likely than a 50 basis point hike."

[1/2] A sign for Silicon Valley Bank (SVB) headquarters is seen in Santa Clara, California, U.S. March 10, 2023. The bank's sudden shutdown sent a chill through Silicon Valley amid an otherwise gloomy period marked by tech layoffs and a pullback in spending as consumers tightened their wallets. Company executives, many of whom stashed all of their funds in Silicon Valley Bank, took to Twitter and other social media networks to beg for relief. A joint statement Sunday by U.S. government bodies including the Treasury Department and Federal Reserve indicated taxpayers would not bear any cost associated with the new plans around Silicon Valley Bank. Silicon Valley Bank until now had been a reliable source of funding for startups relative to other banks.

☆ Instant view: US intervenes to shore up SVB deposits, limit financial fallout
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +11 min

March 13 (Reuters) - The U.S. government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of tech startup-focused lender Silicon Valley Bank (SIVB.O) (SVB), sending U.S. stock futures higher. ALVIN TAN, HEAD OF ASIA FX STRATEGY, RBC CAPITAL MARKETS, SINGAPORE:"Markets remain unsettled from the SVB failure. "The market turbulence sparked by SVB has upended rising market expectations on the Fed rate path. ANTHONY SAGLIMBENE, CHIEF MARKET STRATEGIST, AMERIPRISE FINANCIAL, TROY, MICHIGAN:"It was imperative that regulators stepped in and decisively acted before markets around the world opened for the week. GREG MCBRIDE, CHIEF FINANCIAL ANALYST, BANKRATE:"While the Fed has talked about a lot in the past year, until today it has been in the context of monetary policy.

☆ Baker Greggs sees more growth as Britons 'seek value'
▼ + stars: | 2023-03-07 | by ( Sarah Young | ) www.reuters.com time to read: +2 min

"Customers are seeking out value and therefore they're coming to Greggs," Currie, who has been chief executive since last May, said in an interview on Tuesday. For 2022, Greggs posted pretax profit of 148.3 million pounds ($178.6 million), in line with analysts' forecasts, on total sales which came in 23% higher. Greggs is comfortable with a consensus forecast for 2023 profit of 161 million pounds. "Greggs has demonstrated impressive resilience in 2022 with continued strong like-for-like sales growth throughout the year," Goodbody analysts said. ($1 = 0.8306 pounds)Reporting by Sarah Young, Editing by Paul Sandle and Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ Jon Stewart to conservative state senator: ‘you don’t give a flying f**k’
▼ + stars: | 2023-03-03 | by ( ) edition.cnn.com time to read: 1 min

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☆ ChatGPT could turn out to be hero for humanity or just a 'horrible product'. Here's what Elon Musk, Bill Gates and 10 heavyweights have to say on the red-hot AI.
▼ + stars: | 2023-02-25 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +9 min

Elon Musk, Bill Gates and Paul Krugman have all weighed in on the hottest topic this year – ChatGPT. From prominent names such as Elon Musk and Bill Gates to Wall Street banks like Morgan Stanley, everyone's got something to say. "It's both positive or negative and has great, great promise, great capability," Musk further said of AI, adding that "with that comes great danger." But a few quarters from now, if ChatGPT really starts to bring in significant subscriber fees, then we'll see what happens," O'Leary told Insider's Phil Rosen. Andy Jassy, Amazon CEO"I think it's exciting, what's possible with generative AI," Jassy said about generative AI and ChatGPT.

☆ Far-right Republican groups surge in swing state Michigan
▼ + stars: | 2023-02-17 | by ( Nathan Layne | ) www.reuters.com time to read: +6 min

[1/6] Candidate for district party chair for Michigan Republican Party Jon Smith speaks with guests during a fundraiser in Hillsdale, Michigan, U.S., February 8, 2023. "What's going on in Michigan is a microcosm of what is going on with the Republican Party nationally," said Michael Traugott, a professor at the Center for Political Studies at the University of Michigan. The judge declined to intervene, leaving it up to Michigan Republican Party officials to set the rules on delegate selection. The top two candidates for state party chair have both promoted conspiracy theories in support of Trump's false claims about voter fraud. "There's some people that are thinking this is the end of the Republican Party," he said.

☆ Betterment is laying off 28 employees as inflation and market volatility hit the digital wealth firm
▼ + stars: | 2023-02-15 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +3 min

The robo-advisor Betterment is laying off 28 employees and shutting its Philadelphia office. Betterment told employees that rising operating costs and market volatility impacted the firm. The digital wealth management firm Betterment is laying off 28 employees, according to an email its chief executive officer sent to the company on Wednesday. A Betterment spokesperson declined to specify how many employees the company has now and which roles were impacted. "Building something durable and sustainable ultimately takes a long time," Levy told Insider an interview last year.

☆ Electric Ram pickup debuts in Super Bowl ad that pokes fun at rivals, sex-drug commercials
▼ + stars: | 2023-02-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Ram's 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. DETROIT – Stellantis will air a 60-second Super Bowl ad for its Ram brand to indirectly take shots at the current all-electric vehicle market, specifically pickup trucks. "Are you excited about buying an electric vehicle but worry that it could leave you ... The ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale next year. Online reservations for the electric pickup, which debuted as a concept in January, also open Sunday.

☆ Mark Cuban: Internet misinformation will only ‘get worse’ as ChatGPT and its competitors grow
▼ + stars: | 2023-02-12 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Mark Cuban may be entertained by chatbots like Microsoft-backed ChatGPT and Google's upcoming Bard — but he isn't ready to trust them. Right now, misinformation tends to spread through social media platforms like Facebook or Twitter — and that's with some semblance of human guardrails in place, Cuban said. But so far, the technology isn't showing itself to be smarter than the average human. That's a problem, especially for large swaths of people who don't always fact check claims they see on the internet, Cuban said. Microsoft, for its part, acknowledges that the technology behind ChatGPT isn't perfect — even as it plans to incorporate it into an upcoming version of its search engine, Bing.

☆ Steve Wozniak's warning: No matter how 'useful' ChatGPT is, it can 'make horrible mistakes'
▼ + stars: | 2023-02-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

On Wednesday, the Apple co-founder made an impromptu appearance on CNBC's "Squawk Box" to talk about the increasingly popular artificial intelligence chatbot. Wozniak said he finds ChatGPT "pretty impressive" and "useful to humans," despite his usual aversion to tech that claims to mimic real-life brains. Wozniak pointed to self-driving cars as a technological development with similar concerns, noting that artificial intelligence can't currently replace human drivers. By multiple measures, ChatGPT's artificial intelligence is impressive. The Webb telescope did take photographs of such planets, called exoplanets, in September.

“The Scorpion unit was involved,” Shelby County, Tennessee, District Attorney Steve Mulroy said Thursday at a news conference where he announced murder charges against five officers. Davis has called “heinous, reckless and inhumane,” has increased scrutiny of the city’s reliance on specialized units to suppress violent crime. This week, Davis announced a review of all of the police department’s specialized units, including Scorpion, in response to Nichols’ death. Memphis’ Scorpion unit was created in October 2021 under the police department’s Organized Crime Unit. Mayor Jim Strickland promoted the new Scorpion unit as part of the solution in his January 2022 State of the City speech.

☆ Bank of America announced a new class of managing directors — here are all 87 names in corporate and investment banking
▼ + stars: | 2023-01-26 | by ( Alex Morrell | ) www.businessinsider.com time to read: +3 min

Bank of America has announced a new class of 360 managing directors. Insider has the list of the 87 new MDs for the firm's Global Corporate and Investment Bank. It's managing director promotion day at Bank of America. On Thursday, the class of 360 managing directors across the firm were announced internally, up 15% from the 314 promoted in 2022.Insider has the list of the 87 employees who were promoted in the firm's Global Corporate and Investment Bank — the division responsible for dealmaking. That's down 17% from 105 new MDs last year in the division, likely a reflection of a difficult year in investment banking across Wall Street that saw revenues drop in excess of 50%.

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