DIRS.INFO The most relevant business & tech news

☆ Hawaii's emergency siren warning system was silent during Maui wildfires
▼ + stars: | 2023-08-12 | by ( Ray Sanchez | ) edition.cnn.com time to read: +18 min

Hawaii residents have long been accustomed to the monthly tests of the outdoor siren warning system. “Maui County faced a challenging, rapidly changing situation, and I think they did everything possible to save lives. Period.’Video Ad Feedback Video shows family's terrifying escape from Maui wildfires 01:18 - Source: CNNThe fire spread with such speed that many people left their homes immediately with little notice from authorities, Maui County Fire Chief Brad Ventura said. Hawaii Department of Land and Natural Resources/AP Burnt boats sit in waters off of Lahaina, Hawaii, on Friday. Phonoxaylinkham, his wife, and their five children were caught in the Lahaina wildfires and survived by exiting their car and spending four hours in the ocean as the west Maui wildfires raged around them.

Persons: Cole Millington, ” Millington, ”, Millington, …, –, Adam Weintraub, ” Weintraub, Weintraub, “, Allen Vu, Vu, Anne Lopez, Jill Tokuda, Karl Kim, Brad Ventura, ” Ventura, John Pelletier, Josh Green, Clay Trauernicht, Wedelin, Lee, Matthew Thayer, Patrick Fallon, Justin Sullivan, Rick Bowmer, Mike Blake, Zoltan Balogh, Zeran Harris, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Patrick T, Fallon, Dustin Johnson, Lane, ” Kim, Brock Long, ‘, Rachel Zimmerman Organizations: CNN, Lahaina, Hawaii Emergency Management Agency, CNN Hawaii, National Disaster Preparedness Training Center, University of Hawaii, Maui County Fire, Maui County Police, Gov, Communication, National Weather Service, “, Maui Fire Department, Facebook, Firefighter, Fire Department, Maui News, AP Pacific Whale Foundation, Getty, Hawaii Department of Land, Natural Resources, Reuters, . Hawaii Department of Land, Los Angeles Times, AP, Washington Post, Kahului, Technologies, AP Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Federal Emergency Management Agency Locations: Lahaina . Millington, Maui, “, Hawaii, Lahaina, Millington, Maui County, Manoa, Honolulu, Olinda, Kula, Hanamu, Piʻiholo, Lahaina Bypass, Church, Lahaina Hongwanji, Lahaina , Hawaii, Maalaea, West Maui, AFP, Wailuku, Upcountry, Waiola, Kula , Hawaii, Kahului, California, Las Vegas, Kihei

☆ Maui wildfires: Firefighting crews make progress against wildfires that killed at least 80 people, but flare-ups continue
▼ + stars: | 2023-08-12 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +11 min

People in Kaanapali were evacuating Friday night after spotting a fire in the neighborhood, which is about 4 miles north of hard-hit Lahaina, Maui police said. The hall of the historic Waiola Church and the nearby Lahaina Hongwanji Mission are engulfed in flames in Lahaina, Hawaii, on Tuesday, August 8. Hawaii Department of Land and Natural Resources/AP Burnt boats sit in waters off of Lahaina, Hawaii, on Friday. Justin Sullivan/Getty Images In an aerial view, search and rescue crews walk through a neighborhood, continuing to search for missing people in Lahaina, Hawaii, on Friday. Phonoxaylinkham, his wife, and their five children were caught in the Lahaina wildfires and survived by exiting their car and spending four hours in the ocean as the west Maui wildfires raged around them.

Persons: Dora, Kihei –, Rick Bowmer, Richard Bissen, Josh Green, ”, Deanne Criswell, It’s, Anne Lopez, ” Lopez, Matthew Thayer, Mike Blake, Justin Sullivan, Zoltan Balogh, Zeran Harris, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Patrick T, Fallon, Dustin Johnson, it’s, ” Steve Dolan, “, anything’s, what’s Organizations: CNN — Firefighters, Hawaii Gov, CNN, “, FEMA, Maui Police, Hawaii News, Maui News, Hawaii Department of Land, Natural Resources, . Hawaii Department of Land, Reuters, Los Angeles Times, AP, Washington Post, Kahului, Technologies, AP Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Getty Locations: Maui, Lahaina, Hawaii, Kaanapali, Maui County, Kihei, Upcountry, Lahaina , Hawaii, Upper Kula, Church, Lahaina Hongwanji, Kula, Waiola, Wailuku, Kula , Hawaii, Maalaea, Kahului, California, Las Vegas, AFP

Image The Pioneer Inn in Lahaina, Hawaii, last year. Image Shops and dining destinations along the sidewalks and streets in Lahaina, Maui. Mr. Hedani said the fabled beach areas on Oahu that Hawaii is best known for held nothing on Lahaina. “The sunset looks fake every time I see it.”Image Sunset in Lahaina, Hawaii. “What happens when you take away the most important street on Maui?” he said.

Persons: George Alan Freeland, Freeland’s, ”, Theo Morrison, Daejas, Baldwin, Ephraim Spaulding, Dwight Baldwin, Morrison, Mark Twain, “, —, Kiha Kaina, Patrick T, Kaina, Lee Anne Wong, Wong, Tony Novak, Clifford, Ronald Williams, Williams, it’s, Jared Hedani, Tommy Bahama, Hedani, “ You’re, Jim Wilson, Kamehameha the, Kaniela Ing, Ing, “ I’d, Amy Qin, David W, Chen, Mitch Smith Organizations: Lahaina Restoration Foundation, The New York Times, East Coast, ., Fallon, Agence France, French Culinary Institute, Hawaii State Archives, New York Times, Green New Deal Network Locations: Lahaina, British, Maui, Hawaii, “, United States, Lahaina , Hawaii, Massachusetts, East, Berkeley, Calif, ”, Papa’aina, New York City, Maui . Credit, Mexico City, Shaw, Paradise, Oahu, Waikiki

☆ With Only 475 Square Feet, She Had to Make Every Inch Count
▼ + stars: | 2023-08-11 | by ( Tim Mckeough | ) www.nytimes.com time to read: +1 min

After about a year of hunting, she found a co-op apartment in Carroll Gardens that felt right: a third-floor one-bedroom of about 475 square feet, with windows that looked out through treetops. It was about half as large as the rental she was living in at the time, and the cramped bedroom was only eight feet wide, but she could envision ways to make the space work better. In the living room, the middle third of one wall was brick, while the rest was drywall. “I was pretty sure that brick would have extended along the entire party wall,” Ms. Kalita said. “I was able to pick up four inches of extra living space,” she said, noting that she added a simple, plaster-covered mantel as a focal point, although there’s no fireplace.

Persons: Morrie Breyer, Ms, Kalita Locations: Carroll Gardens, treetops

☆ Lahaina’s historic 150-year-old banyan tree was badly scorched by wildfires, but it’s still standing
▼ + stars: | 2023-08-11 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +2 min

Now, Lahaina’s historic 150-year-old banyan tree has been charred by the wildfires and is dull in color – but still alive. “Banyan Tree in Lahaina smoldering at the base, but still standing,” Hawaii Sen. Brian Schatz wrote accompanying a video he posted on X, formerly known as Twitter. That history includes the oft-visited banyan tree, which was enjoying its sesquicentennial anniversary this year until the fire broke out. Banyan tree branches produce roots that spawn additional, accessory trunks such that the trees grow up as well as out. The 150-year-old banyan tree, as seen amid the ruins of the wildfires Marco Garcia/ReutersWhile the tree remains standing, it’s unclear how healthy it is after surviving the wildfires that all but destroyed parts of Lahaina.

Persons: Hawaii Sen, Brian Schatz, “, Hawaii Jennifer McDermott, Maui Patrick T, Fallon, Marco Garcia, ”, Bill Weir Organizations: CNN, Hawaii Tourism Authority, Getty, Foundation, Maui County Arborist, Reuters Locations: Lahaina, Hawaii, Maui, India, United States, Maui County, “

☆ Hackers take on ChatGPT in Vegas, with support from the White House
▼ + stars: | 2023-08-10 | by ( Donie O'Sullivan | ) edition.cnn.com time to read: +7 min

Las Vegas, Nevada CNN —Thousands of hackers will descend on Las Vegas this weekend for a competition taking aim at popular artificial intelligence chat apps, including ChatGPT. The hackers are working with the support and encouragement of the technology companies behind the most advanced generative AI models, including OpenAI, Google, and Meta, and even have the backing of the White House. “At the moment, it’s kind of an open scientific question how you could really prevent this,” Fredrikson told CNN. Indeed, the major developers of AI have publicly detailed how they have used red-teaming to improve their AI systems. Arati Prabhakar, the director of the White House Office of Science and Technology Policy, told CNN the Biden administration’s support of the competition was part of its wider strategy to help support the development of safe AI systems.

Persons: Biden, OpenAI’s ChatGPT, Bard, “, Zico, ” Kolter, chatbot, Matt Fredrikson, ” Fredrikson, Arati Prabhakar, ” Organizations: Las Vegas , Nevada CNN, Google, Meta, White, Office of Science, Technology, OpenAI, Carnegie Mellon University, ”, CNN, Carnegie Mellon, Carnegie, Las Vegas Locations: Las Vegas , Nevada, Las Vegas, guardrails, —, Nevada, Las

☆ Retailers say organized theft is biting into profits, but internal issues may really be to blame
▼ + stars: | 2023-08-10 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

In this article TGTFL Follow your favorite stocks CREATE FREE ACCOUNTThis is part two of a three-part series on organized retail crime. "If there's an occurrence of external theft they would steal let's say 10 bucks worth of merchandise, but if it's internal theft, it'd be 40 bucks." Internal theft also happens at warehouses and in aisles where online orders are prepared, one of the people said. However, he thinks internal theft is now "second place" to external theft. Shrink references reach a 'fever pitch'Retailers started to blame organized theft for lower profits as the industry's performance started to suffer.

Persons: Daniel Acker, they're, Neil Saunders, GlobalData, it's, Saunders, Patrick Tormey, it'd, Sonia Lapinsky, AlixPartners, David Johnston, Janine Stichter, Fonrouge, Foot Locker, You've, Mary Dillon, Locker, Michael Nagle Organizations: Target Corp, Bloomberg, Getty, CNBC, Lehman College School of Business, National Retail Federation, Retailers, Walgreens Locations: Chicago , Illinois, drugstores, America, GlobalData, New York, U.S

☆ Help is needed as wildfires ravage Hawaii. How to know your donation is going to a legitimate charity
▼ + stars: | 2023-08-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

CNN —Residents of Maui have suffered widespread devastation as wildfires ravage the Hawaiian island, along with Hawaii’s Big Island. Several sites help people find and support legitimate charities, including Charity Navigator, BBB Wise Giving Alliance, and CharityWatch. Dig deeper into an organization’s reputation after finding a legitimate charity you’re considering supporting. Look up the organization in the IRS’s Tax Exempt Organization Search. For larger disasters, like the Maui wildfires, GoFundMe told CNN they usually create a centralized hub of verified fundraisers.

Persons: Hurricane Dora, Patrick T, Fallon, you’ve, ”, It’s, GoFundMe, Don’t, Scottie Andrew Organizations: CNN —, CNN, Getty, US Federal Trade Commission, FTC, telltale Locations: Maui, Hurricane, Lahaina, Hawaii, AFP

☆ Death toll from Maui fires rises to 53, governor says, and more than 1,000 structures have burned
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: +8 min

More than 1,000 structures were destroyed by fires that were still burning, he said. The hall of historic Waiola Church in Lahaina and nearby Lahaina Hongwanji Mission are engulfed in flames along Wainee Street on Tuesday, Aug. 8, 2023, in Lahaina, Hawaii. As she assessed the damage Thursday, she came upon a line of burned-out vehicles, some with charred bodies inside them. More than 270 structures have been damaged or destroyed, and dozens of people have been injured, including some critically. A charred boat lies in the scorched waterfront after wildfires fanned by the winds of a distant hurricane devastated Maui's city of Lahaina, Hawaii, U.S. August 9, 2023.

Persons: Josh Green, Matthew Thayer, Green, Tiffany Kidder, couldn't, Winn, Adam Weintraub, they'll, Weintraub, 60mph, Hurricane Dora, Bosco Bae, Bae, Marlon Vasquez, Vasquez, Eduardo, he's, Iiulia Yasso, Patrick T, Fallon, Hale Mahaolu, Louise Abihai, Vierra, Power, Dustin Johnson, Ed Sniffen, Thomas Smith, Mason Organizations: Associated Press, Maui News, Technologies, Getty, Hawaii Emergency Management Agency, Facebook, Kahului, AFP, Communications, Reuters Tourists, Hawaii Convention, London School of Economics, Political, Reuters Locations: Maui, Lahaina, Hawaii, Waiola, Lahaina Hongwanji, Lahaina , Hawaii, Banyan, California, Paradise, Maui County, Ankara, Turkiye, Hurricane, Guatemala, Kahului, U.S, Honolulu, Kihei, Maui's

☆ How the founder of The Daily Upside used the lessons he learned as a media banker to build a profitable newsletter company
▼ + stars: | 2023-08-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Patrick Trousdale's The Daily Upside newsletter for investors just hit 1 million subscribers. It's an example of how a media company can be profitable in a jittery time for the industry. As an investment banker at Guggenheim Partners in the last decade, Patrick Trousdale had the chance to observe the media industry up close. "You have sizzle before the steak at times with digital media," Trousdale, 33, told Insider. Patrick Trousdale.

Persons: Patrick Trousdale's, Patrick Trousdale, Trousdale, Trousdale forgoing, Puck, Graydon Carter's, Nat Rubio, Leah McGrath Goodman, Goodman, John Keeling, —, " Keeling, Patrick Boyle, Substack, Keeling, there's Organizations: Guggenheim, Guggenheim Partners, Guggenheim Securities, Vice Media, Morning, Financial Times, Apple, Plaid, Business Development, Air Mail, Facebook, Google Locations: Puck

☆ Consumer credit card debt tops $1 trillion for the first time ever
▼ + stars: | 2023-08-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Consumer credit card debt just topped $1 trillion for the first time ever, according to the Federal Reserve. A recent survey from BankRate found 47% of consumers are carrying credit card debt from month to month. Consumer credit card debt increased 4.6% in the second-quarter to a record $1.03 trillion, compared to $986 billion in the first quarter. Lower-income households were more likely to carry credit card debt from month to month, according to the survey, with 53% of cardholders with annual incomes below $50,000 carrying debt. "Yes, that's a lot of credit card debt, but most people are worth a lot more."

Persons: Joelle Scally, BankRate, Bankrate, they're, Scally, Carson, Ryan Detrick Organizations: Federal Reserve, Federal Reserve Bank of New, New York Fed, Fed Locations: York, Federal Reserve Bank of New York, CreditCards.com

REUTERS/Patrick T. Fallon/File PhotoAug 7 (Reuters) - Beyond Meat (BYND.O) cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand for its pricier plant-based meat products shows no signs of recovery, sending shares down 8% in extended trading on Monday. Bogged down by inflationary pressures, customers are opting for lower-priced animal protein over alternatives such as plant-based products. The ambiguity around the health benefits of plant-based meat is also weighing on growth, said CEO Ethan Brown in a post-earnings call. The company forecast 2023 revenue between $360 million and $380 million, compared with its prior expectation of $375 million to $415 million. Beyond Meat's quarterly net revenue fell nearly 31% to $102.1 million, missing analysts' average estimate of $108.4 million, according to Refinitiv data.

Persons: Patrick T, Ethan Brown, Arun Sundaram, Ananya Mariam Rajesh, Shilpi Majumdar Organizations: Kroger, REUTERS, CFRA, Thomson Locations: Los Angeles , California, U.S, Bengaluru

☆ Appeals court allows Biden asylum restrictions to temporarily stay in place as case plays out
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: +5 min

Patrick T. Fallon | AFP | Getty ImagesAn appeals court Thursday allowed a rule restricting asylum at the southern border to temporarily stay in place. The government had gone quickly to the appeals court asking for the rule to be allowed to remain in use while the larger court battles surrounding its legality play out. The new asylum rule was put in place back in May. The government said the new asylum rule was an important tool to control migration. One of the groups, the American Civil Liberties Union, noted in a news release Thursday that the ruling didn't weigh the legality of the asylum rule and that they were confident they'd ultimately prevail.

Persons: Patrick T, Fallon, Biden, William Fletcher, Richard Paez, Bill Clinton, Judge Lawrence VanDyke, Donald Trump, VanDyke, Trump, David Peinado, they'd, Eiland, John Moore Organizations: Customs, Border Protection, Border Patrol, AFP, Getty, U.S, Appeals, US Border Patrol, Bloomberg, Texas Governor, Texas National Guard, Ciudad Juarez, Anadolu Agency, CBP, American Civil Liberties Union Locations: Rio Grande, Mexico, El Paso , Texas, U.S, Yuma , Arizona, United States, Rio, El Paso Texas, Matamoros , Mexico

☆ Trick That Helps Big Pharma Companies Avoid Paying Billons in US Taxes
▼ + stars: | 2023-08-03 | by ( Brad Setser | Tess Turner | ) www.businessinsider.com time to read: +11 min

But take a look at the corporate disclosures of America's largest pharmaceutical companies, and a puzzling hole opens. Large legal loopholesThe offshore migration of these pharmaceutical companies' profits may seem egregious, but the tax gymnastics are generally legal. On paper, America's corporate-tax rate is 21%, but the country's largest and most profitable pharmaceutical companies don't pay anything close to that. What's more, the superlow rate enjoyed by American pharmaceutical companies isn't necessary for these firms to be internationally competitive. A spoonful of medicine to make the taxes go downAmerica's pharmaceutical companies have made great contributions to medicine.

Persons: Democratic Sen, Ron Wyden, AbbVie, it's, Keytruda, Gilead, Eli Lilly, they've, Brad W, Whitney, Tess Turner Organizations: Merck, National Institutes of Health . Pharmaceutical, Democratic, Pfizer, US pharma, US Treasury, Trump, Treasury, US, Denmark's, Nordisk, Novartis, National Institutes of Health, Whitney Shepardson, Council, Foreign Relations Locations: Oregon, America, Caribbean, Europe, Bermuda, Puerto Rico, Germany, Ireland, Singapore, Switzerland, Belgium, Denmark

☆ How a Guggenheim banker-turned-newsletter publisher is building the anti-Vice, profitably
▼ + stars: | 2023-07-31 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

☆ What is Section 702? Congress is debating the controversial surveillance power
▼ + stars: | 2023-07-31 | by ( Juhi Doshi | ) www.cnbc.com time to read: +8 min

Section 702 of the Foreign Intelligence Surveillance Act, or FISA, allows the government to conduct targeted surveillance of foreign nationals living outside the U.S. without needing to obtain a warrant. As recently as this month, a court opinion disclosed that FBI employees wrongly searched foreign surveillance data for the last names of a U.S. senator and a state senator. But data on U.S. citizens is still collected when they interact with a foreign surveillance target — that's known as "incidental" collection. Lawmakers from both sides have said they won't vote to renew the provision unless major changes are made in how the FBI uses foreign surveillance data to investigate Americans. "And that means first and foremost addressing the warrantless surveillance of Americans in violation of the Fourth Amendment."

Persons: Samuel Corum, Biden, they're, George Floyd, Joe Biden's, Jake Sullivan, Jon, Read, Trump, Ron DeSantis, Bush, Donald Trump, Dick Durbin, Sen, Mike Lee, they've, Patrick Toomey, Toomey, Christopher Wray, Wray Organizations: Getty, Foreign Intelligence, FISA, FBI, Social, American Civil Liberties Union, White, President's Intelligence, Board, National, NBC, Historically, Republicans, DOJ, ACLU's National Security, National Intelligence, Committee Locations: Washington , DC, reauthorize, U.S, China, Russia, Florida, Georgia, Fulton, Utah

☆ Opinion: The Donald Trump and Hunter Biden surprises
▼ + stars: | 2023-07-30 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

So it was remarkable Wednesday when the deal for Hunter Biden to plead guilty to two misdemeanors for his failure to pay taxes on time fell apart in a federal courtroom after the judge raised questions about it. Special counsel Jack Smith unexpectedly added a major allegation to the indictment charging former President Donald Trump with mishandling classified documents. The Trump and Hunter Biden developments underlined how America’s political climate is being shaped by what happens in the courts. This addition, an alleged surveillance tape conspiracy, almost reads like a spy novel.”“It features Trump employee and co-defendant Walt Nauta’s surprise clandestine trip to Florida. To W. James Antle III, it was the Hunter Biden plea deal snafu that brought to the forefront the “powerful split screen that drives” how Republican voters see the emerging 2024 presidential race.

Persons: Robert Burns, beasties, ”, Burns, aren’t, Hunter Biden, Jack Smith, Donald Trump, ” Smith, Trump, Dana Summers, Norman Eisen, Walt Nauta’s, Nauta, De Oliveira, De Oliveria, ’, ” Eisen, James Antle III, Hunter, Joe Biden’s, Maryellen Noreika, ” “ Noreika, couldn’t, Joe Biden, wasn’t, ” Bill Bramhall, Mitch McConnell, Sen, Dianne Feinstein, Julian Zelizer, “, ” “, Walt Handelsman, Elon Musk’s, Twitter “, Bill Carter, it’s, … Musk, —, Musk, ” Carter, Bill McGuire, ” McGuire, Mark Wolfe, Cassandra Lovejoy, Clay Jones, David Grusch, Jason Colavito, Colavito, Barbara Lee, Abigail E, Moore, ” Lee, Michael Bociurkiw, Odesa, Vladimir Putin’s, ” Bociurkiw, “ Handshakes, ” Netanyahu Israel’s, Benjamin Netanyahu, Frida Ghitis, Netanyahu, Drew Sheneman, Peniel, Joseph, Kamala Harris, Sophia A, Nicole Hemmer, Patrick T, Brown, David J, Skorton, Frank R, Lisa Benson, Barbie, Dean Obeidallah, ‘, GOP Sen, Ted Cruz, Mattel, Barbie —, Greta Gerwig’s, Margot Robbie, Ryan Gosling —, ” Obeidallah, Taylor Swift Taylor Swift, Swift, Barbra Streisand, Margaret H, Willison, O’Connor Sinéad O'Connor, Andrew Chin, Sinéad O’Connor, Sarah Gundle, Taylor, Sinead O’Connor’s, ” Don’t, Lawrence, Kara Alaimo, Jill Filipovic, Jeff Pearlman, He’s, Catherine Steenkeste, David A, Andelman, Mort Rosenblum, who’s, he’s, ” We’ll Organizations: CNN, Mar, Trump, Justice Department, Fox, Republicans, GOP, of Justice, New York Daily, Times, Twitter, SpaceX, World Meteorological Organization, University College London, Pentagon, “, Disney, Supreme, Agency, Education, African, Trinity, Warner Bros, Warner Bros ., Billboard, Machine, Vogue Theatre, International Herald Tribune Locations: Scottish, Florida, Bedminster, New, California, Rhodes, Corfu, Evia, Europe, United States, Odesa, Miami, York, Ukrainian, Kyiv, Israel’s, North America, Vancouver, Canada, White, Paris, Seine, gunpoint, ”

☆ Here's why this AI chipmaker continues to outflank the competition
▼ + stars: | 2023-07-28 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

"But when we go to an AI server, Intel's contribution drops to low-single digit percent, and that's where Nvidia's contribution gets to almost 60%, 70% of the price of the server." Still, it's possible AMD also saw softer demand for its data-center CPUs in the last quarter due to ramped-up AI spending. Like Intel, AMD is also working to bring its own AI-focused chips to market . Yes, Nvidia stock has had a monster run, more than tripling year-to-date, but the fundamental reason for that outperformance — its AI dominance — is completely intact. It remains an "own it, don't trade" stock, alongside Apple (AAPL).

Persons: Pat Gelsinger, —, Vivek Arya, Arya, Intel's, Lisa Su's, Gelsinger, AMD's, Jim Cramer's, Jim Cramer, Jim, Hsun Huang, Patrick T Organizations: Intel, Nvidia, Club, — Club, Microsoft, CNBC, Bank of America, Devices, AMD, Apple, Nvidia Corp, Mobile, Fallon, Bloomberg, Getty Locations: China, Los Angeles , California, U.S

☆ A 72-year-old woman in Phoenix got her power cut over a $51 bill when it was 107 degrees — and she died. Her memory is behind efforts to stop future deaths.
▼ + stars: | 2023-07-25 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

Stephanie Pullman, 72, died after her power was shut off over a $51 late bill. Pullman's death in 2018 led to changes in how power companies deal with overdue bills in the summer. A recent heatwave in Arizona has the governor asking power companies to put policies in writing. The medical examiner's office said Pullman died from "environmental heat exposure " combined with cardiovascular disease after the shutoff. Electric utilities can choose to pause disconnections from June 1 through October 15 or pause them on days forecasted to be above 95 degrees Fahrenheit or below 32 degrees Fahrenheit.

Persons: Stephanie Pullman, Stacey Champion, Pullman, Patrick T, Fallon, Katie Hobbs Organizations: Service, Arizona Public Service, Getty, Arizona Corporation Commission, APS, Tucson Electric Power, ACC, National Weather Service, Gov Locations: Arizona, Wall, Silicon, sweltering Arizona, Phoenix, Mohave, Santa Cruz, Maricopa County, shutoffs

☆ Scorching summer temperatures could strain the economy even further
▼ + stars: | 2023-07-23 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

“The recent heat waves and scorching summer temperatures demonstrate the economic cost of heat stress,” Chris Lafakis, Moody’s Analytics’ director of economic research, wrote in an emailed response to a CNN query. Moody’s Analytics estimates that chronic physical risk from heat stress could reduce worldwide GDP by up to 17.6% by 2100. The losses are steepest in sectors such as agriculture and construction, but no industry or business is immune, she said. “Every summer we have a stretch [of excessively hot weather], where it might last from four days up to a week,” he said. “We have to look at the potential of our business model shifting to a nine-month facility going forward,” she said.

Persons: Lyn Thomas, there’s, Thomas, she’s, “, it’s, Chris Lafakis, Liliana Salgado, ”, Kathy Baughman McLeod, Adrienne Arsht, Cesar Chavez, Damian Dovarganes, That’s, Jack Vessey wasn’t, He’s, “ It’s, Vessey, Zeyla Alcantara, Patrick Tiseth, Jobs, Ami Feller, I’ve, Los Cerrillos, Harrold Granthan, Bonnie Mendoza, David Wagner, bloodsicles, Mendoza, Zach Fowle, Kyle Ledeboer, ” Fowle, ” They’ve, Justus Swanick, Joshua Graff Zivin, ” Graff Zivin Organizations: Minneapolis CNN, Phoenix, CNN, Reuters Workers, Rockefeller Foundation Resilience, Atlantic Council, Rockefeller, IBEW, Company, Lone Star, Roofer, Saddle Riding Company, Phoenix Zoo, Arizona Wilderness, Arizona Wilderness Brewing, University of California San Locations: Minneapolis, Louisiana, United States, California, Los Angeles, Holtville , California, Imperial County, Texas, New Braunfels, Santa Fe , New Mexico, Los, “, Arizona, Phoenix, University of California San Diego

☆ How to Stop Thinking About Work All the Time
▼ + stars: | 2023-07-21 | by ( Jancee Dunn | More About Jancee Dunn | ) www.nytimes.com time to read: +1 min

When I wake up during the night, I try every mental trick to avoid thinking about my job. Because if my thoughts wander to anything work-related, I will ruminate — about deadlines, unfinished tasks, the laugh-free joke I made during a meeting — and I’ll be awake for hours. This is a familiar scenario for Guy Winch, the author of “Emotional First Aid” and a co-host of the “Dear Therapists” podcast. We’re often so focused at work that we don’t realize we’re feeling stressed, said Dr. Winch, who has a popular TED Talk on how to limit work-related overthinking. People who do it often believe that they’re gaining insight into a problem.

Persons: Guy Winch, We’re, Dr, Winch, they’re

☆ Mark Cuban on the biggest career regret from his 20s—what he'd change if he could 'do it again'
▼ + stars: | 2023-07-20 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

"Early on in my career, I wanted to prove how smart I was and so I did a lot more talking than listening," Cuban said. At the time, Cuban says he was sleeping on the floor of a three-bedroom apartment with six roommates in Dallas. The desire to prove himself sometimes led Cuban to be "too cocky," he says, which could rub people the wrong way. The cable services company wanted to move Cuban's company HDNet, a high-definition TV provider, to a higher price tier. Cuban didn't like the deal and consequently sued DirecTV.

Persons: Mark Cuban, Chris Voss, Cuban Organizations: Dallas Mavericks, CompuServe, DirecTV, HDNet, National Basketball, Mavericks, Atlanta Hawks Locations: Dallas, Cuban

☆ A former Google recruiter says applicants have 'zero chance' of moving forward if their résumé is full of 'text bricks'
▼ + stars: | 2023-07-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

A former Google recruiter said a common résumé mistake is when there's too much text and words. He said applicants have "zero chance" of moving forward once he spots this easily avoidable error. Nolan Church, co-founder and CEO of executive talent platform Continuum, worked as a Google recruiter from 2012 to 2015. Church said: "There's zero chance you're going to move forward," when he sees this format. Church advised applicants to use apps like ChatGPT or Grammarly to help clean up and tighten their résumé.

Persons: there's, Nolan Church, Laszlo Bock, Bock, " Bock Organizations: Service, Google, Forbes, Harvard, CNBC Locations: Wall, Silicon

☆ The making of a fake war hero: An American who reinvented himself as a social-media soldier in Ukraine is accused of 'stolen valor'
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +21 min

Four foreign fighters and volunteers in Ukraine who knew Vasquez told Insider it was widely known he wasn't actually taking part in front-line fighting. A Pentagon representative, however, told Insider that Vasquez was never deployed to either of those places — or anywhere else. "I had to tell a million lies to get ahead," Vasquez told the Times. When Ashton-Cirillo took to Twitter to expose Vasquez, Huggett said she felt compelled to make a video to back her up. Huggett told Insider: "I'm tired, but I'm not sorry I exposed the lying scammer.

Persons: James Vasquez, Vasquez, Tucker Carlson, Adam Kinzinger, wasn't, he'd, Tina Vasquez, Libkos Vasquez, Sarah Ashton, Huggett, James, Tim, I'm, Viktor Yatsunyk, Vasquez —, Ashton, Cirillo, James messaged, I've, Diego Herrera Carcedo, Wagner, Vasquez's, Peg Leg, that's, selflessly, Ripley's, hadn't, John, Twitter John, Da Vinci, Volodymyr Zelenskyy, Da, Malcolm Nance, Nance Organizations: Service, Twitter, Operation, Storm, Pentagon, New York National Guard, Army Reserve, The New York Times, Army, Times, New York Post, AP, Territorial Defense Force, Armed Forces of, Anadolu Agency, Getty, Wagner Group, UN, United Nations, Ukraine's Territorial Defense Forces, Armed Forces, Legion, Ripley's, New York Times, Da Vinci Wolves, Wolverines, Wolves, National Police, Security Service, MSNBC, Ukraine's International Locations: Ukraine, Wall, Silicon, Russia, Connecticut, Soledar, Kuwait, Iraq, Ukrainian, Bakhmut, Donetsk region, American, Armed Forces of Ukraine, Maidan, Geneva, Ashton, US

☆ San Francisco’s ‘doom loop’ is a warning for every American city. Here’s how we can fix it — before it’s too late.
▼ + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +18 min

If you want to rile up a San Francisco native, mention the doom loop. But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.

Persons: Nobody's, I've, It's, it's, who'd, Paul Chinn, nix, aren't, rafter, Tayfun, Francis Wood, fixable, Berkeley, Adam Rogers Organizations: Liberal, Homelessness, Bay Area, Pride, Black Panthers, Washington Monthly, San Francisco, Getty, SF, Supervisors, Crafts, Planners, Foods, Anadolu Agency, Walgreens, Nordstrom, Unit Locations: San Francisco, Bay, Francisco, California, Black, Los Angeles, Boston , New York, Washington, United States, Barcelona, Paris, St, Barbary, Hong Kong, Mexico City, Angeles, Houston, Helsinki, East, Treasure, Emeryville

Search resuls for: "Rick T"

25 mentions found