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Moving away from a major city, Moretti found, can be terrible for your career. The market for WFH jobs has cratered, putting everyone who moved away from big cities at risk. Those who moved away from big cities effectively gave up their career insurance. In a big city, you also run into people who work for other companies in your industry — on the bus, at the bar, in line at the deli. "The benefits of being a big city," Moretti tells me, "have been underappreciated" during the pandemic.
Persons: I've, , We've, Enrico Moretti, Moretti, Des Moines, they'll, they're overqualified, That's, Madison Hoff, Aki Ito Organizations: Franciscan, Census, University of California, Business Locations: New York, Los Angeles, San Francisco, Seattle, America's, Berkeley, Paris, Des, Iowa, California, Sacramento, Bay
Researchers studied racial bias in hiring by sending over 83,000 fake résumés to big US companies. The auto services industry was among those most likely to show a preference for résumés containing white-sounding names. But in the most extreme instances, those doing the hiring favored résumés that might be presumed to be from white candidates by 24%, on average. Already, some people in fields like tech who have seen cuts in recent years are applying to job after job with little luck. AdvertisementOf the 108 companies researchers sent résumés to, among the best performers were car-rental company Avis Budget Group and the grocery chain Kroger.
Persons: , Emily, Greg, Jamal, résumés, Pat Kline, Brad, Darnell, Andreas Leibbrandt, Leibbrandt, Khyati Sundaram, doesn't, Kline, it's Organizations: Fortune, Service, University of Chicago, University of California, National Public, Company, NAPA Auto Parts, Costco, Genuine Parts Company, Business, Avis Budget Group, Kroger, NPR, Lamar, Australia's Monash University Locations: Berkeley, NAPA
French researchers used a powerful MRI machine to create detailed brain scans of about 20 people. AdvertisementResearchers have unveiled images of the human brain from the world's most powerful MRI, which could one day lead to breakthroughs in treating Alzheimer's, Parkinson's, and other diseases. AdvertisementA machine powerful enough to capture thousands of neuronsThe strength of MRI magnets is measured in a unit called Teslas. CEASuch detailed images could help researchers look for changes in the brain and learn new information about how the organ functions. Physicians at the Cleveland Clinic, for example, used a 7 Tesla MRI machine to find the location of a tiny lesion that was causing a patient's epileptic seizures.
Persons: , Iseult, Alexandre Vignaud, France's, they're Organizations: Service, France's Atomic Energy, Agence France, University of California, France's Atomic Energy Commission, Duke University, Cleveland Clinic Locations: Alzheimer's, Berkeley
One of the biggest obstacles to expanding clean energy in the United States is a lack of power lines. But there may be a faster, cheaper solution, according to two reports released Tuesday. Replacing existing power lines with cables made from state-of-the-art materials could roughly double the capacity of the electric grid in many parts of the country, making room for much more wind and solar power. This technique, known as “advanced reconductoring,” is widely used in other countries. Working with GridLab, a consulting firm, researchers from Berkeley looked at what would happen if advanced reconductoring were broadly adopted.
Persons: , Amol Phadke Organizations: University of California Locations: United States, Berkeley
Herbert Kroemer, a German-born American physicist who was awarded the Nobel Prize for his part in discoveries that paved the way for the development of many trappings of modern life, including high-speed internet communication, mobile phones and bar-code readers, died on March 8. The death was announced by the University of California, Santa Barbara, where he was an emeritus professor. Dr. Kroemer’s most important contributions were in the development of so-called heterostructures. They vastly enhance the speed, and therefore the power, of transistors and other types of semiconductors that are the building blocks of all electronic equipment. But by the time he received a share, with two other scientists, of the Nobel Prize in Physics in 2000, the impact of his work was so enormous, it could not be denied.
Persons: Herbert Kroemer, Kroemer’s Organizations: University of California Locations: German, Santa Barbara
There is no loneliness epidemic
  + stars: | 2024-04-07 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +17 min
With the report, a steady trickle of headlines about the epidemic turned into a firehose: "Loneliness is at epidemic levels and it's killing Americans" (USA Today); "This Epidemic of Isolation Is as Harmful as Smoking" (Bloomberg); "America's Loneliness Epidemic Comes for the Restaurant" (The Atlantic). There's one problem: The loneliness epidemic doesn't exist. Even the authors caution in their meta-analysis that "the frequently used term 'loneliness epidemic' seems exaggerated." Calling it a "loneliness epidemic," then, may be a bit like calling COVID a "sneezing pandemic." "There are many, many surveys that are just making up questions about loneliness and are not using the UCLA Loneliness Scale or some other validated loneliness scale," she says.
Persons: Vivek Murthy, Murthy, Hillary Clinton, Donald Trump, Sen, Chris Murphy, Ruth, University of Michigan —, Eric Klinenberg, Julianne Holt, it's, Dave Sbarra, Holt, David Riesman, Lunstad, I've, , Sbarra, Klinenberg, Adam Mastroianni, " Mastroianni, Mastroianni, Biden, isn't, Jill Lepore, voicemails, There's, Jerome Adams Organizations: Bloomberg, Business, York, Gallup, University of Michigan, New York University, Brigham Young University, University of Arizona, Bell, University of California Los, Commerce, UCLA, Republican, Democratic Locations: Connecticut, Brooklyn, University of California Los Angeles, America, Washington, DC, COVID
Read previewThe proxy war between Disney and billionaire activist investor Nelson Peltz is over. According to The Wall Street Journal, Peltz's hedge fund Trian Partners may have profited about $300 million by waging a 16-month proxy battle against Disney, citing anonymous sources familiar with the matter. AdvertisementLast February, Bloomberg reported that Peltz made about $154 million in paper profit after buying 9.4 million shares of Disney. After all, Peltz waged two separate proxy battles against Disney in less than two years. AdvertisementWhen asked about the outcome of Peltz's proxy war, IAC chairman and billionaire Barry Diller told CNBC's Squawk Box on Thursday that the battle was a "grand waste of time" and questioned the value of Petlz's activist campaign.
Persons: , Nelson Peltz, Bob Iger, Iger, Peltz …, Peltz, Trian, James Park, Barry Diller, CNBC's Organizations: Service, Disney, Wall Street, Business, Bloomberg, The, University of California, IAC, Trian Partners Locations: Los Angeles
Like many other enterprise companies, Symphony was locked into its cloud providers as its tech stack became increasingly entwined with and dependent on the cloud companies' tools and software. Some of that computing power and storage comes from the major cloud providers themselves, by way of consumer devices, but they can also come from a company's own private cloud, Gurle said. On Wall Street, tech execs constantly look for new ways to keep cloud costs in check. This is reaching new heights thanks to the AI craze, with the construction of data centers wreaking havoc on rural communities. Here's the pitch deck Hive used to raise $13 million.
Persons: David Gurle, Gurle Organizations: Service, Symphony, Wall Street, Amazon Web Services, Google, Business, Oracle Labs, University of California, Hive, SC Ventures, Chartered, French Locations: University of California Berkeley, America
Fast food was her full-time job until last year. “Because I would not have been looking for so many other jobs in different places.”The law was supported by the trade association representing fast food franchise owners. For many fast food restaurants, this means the jump to $20 per hour will be smaller. At first, it appeared the bread exemption applied to Panera Bread restaurants. Also, Flynn has announced he would pay his workers at least $20 per hour.
Persons: Ingrid Vilorio, ” Vilorio, Alex Johnson, Anne's Pretzels, Johnson, , ” Johnson, , Michael Reich, ” Reich, Reich, Greg Flynn, Newsom, Flynn, ___ Organizations: San Francisco Bay Area, University of California, Bloomberg News Locations: LIVERMORE, Calif, California, United States, San Francisco Bay, Berkeley, Sacramento , California
Four years later, American consumers have mostly moved on from the pandemic and are spending more on experiences than ever before. Prioritizing experiences, however, has led to a major shift in their financial lives: The personal saving rate in the US has declined considerably. In 2023, consumer spending on foreign trips and live entertainment rose by nearly 30 percent, according to the newspaper. Related storiesAt the same time, perhaps predictably, the US personal saving rate has declined, according to the bureau. In February, the personal saving rate was 3.6 percent, a drop from 4.1 percent the month before.
Persons: , Ulrike Malmendier, Malmendier Organizations: Service, Business, Washington Post, University of California Locations: Berkeley
Why do we toss coins into fountains?
  + stars: | 2024-03-30 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +5 min
CNN —All over the world, and for centuries, people have thrown coins into fountains, wishing wells and rivers for good luck. Some fountains collect thousands, or even millions, of dollars worth of coins each year. George Rose/Getty ImagesWhere the money goesSome well-known fountains can collect thousands of dollars in coins each year. According to an NBC report from 2016, the Trevi Fountain accumulated about $1.5 million in coins that year. A spokesperson for the Mall of America in Minneapolis told CNN the fountains collect about $25,000 each year.
Persons: It’s, , Trevi, Bill Maurer, Maurer, “ It’s, , Stefan Krmnicek —, , Pen Rhys, Ganesha, George Rose, Basil E, ” Maurer Organizations: CNN, UC Irvine, University of California Irvine’s School of Social Sciences, Century Fox, University of Tuebingen, Bellagio, Casino, NBC, Trevi, The Metropolitan Museum of Art, New York City, of, Disney Parks Locations: Rome, England’s Northumberland County, England, Turkey, Rome's, Germany, East Asia, Shanghai, Oxford, Las Vegas , Nevada, New York, of America, Minneapolis, America
But the $6,000 in BNPL loans she'd racked up over roughly two years felt frivolous, she said, especially because they're planning to buy their first home. Many are seeking cover from high credit card interest rates. After trimming her discretionary spending and sticking to home-cooked meals, she said she's been able to whittle down her BNPL debt to about $1,200. Klarna said it had responsible spending limits for its users, whose average outstanding balance is $150, compared to the more than $6,000 for credit card users. Baird, for her part, acknowledged BNPL services can make inflation and high interest rates feel "easier" for those who can keep their shopping impulses under control.
Persons: Tia Whiteside, Whiteside, she'd, Dyson, she's, Marcus, whittle, Ben Lourie, Lourie, aren't, I've, Amy Baird, Baird, Kevin Mahoney, Mahoney, , Afterpay, Klarna, Sen, Sherrod Brown, Raphael Warnock, John Fetterman, Brown Organizations: LexisNexis, Solutions, University of California, UC Irvine, Singapore Management University, PayPal, Consumer Financial Protection Bureau, Financial, D.C, Sens, NBC News Locations: Greenville , South Carolina, Irvine, Stanford, Dallas, Washington, Ohio
Clocks may have to skip a second — called a “negative leap second” — around 2029, a study in the journal Nature said Wednesday. “We are headed toward a negative leap second," said Dennis McCarthy, retired director of time for the U.S. Without the effect of melting ice, Earth would need that negative leap second in 2026 instead of 2029, Agnew calculated. In 2012, some computer systems mishandled the leap second, causing problems for Reddit, Linux, Qantas Airlines and others, experts said. Then add in the “weird” effect of subtracting, not adding a leap second, Agnew said.
Persons: , Duncan Agnew, “ It’s, Agnew, Dennis McCarthy, Judah Levine, McCarthy, timekeepers, ” Levine, ” McCarthy, Levine, , It’s, it’s, ___ Read, Seth Borenstein Organizations: Nature, Scripps Institution of Oceanography, University of California, U.S . Naval, National Institute of Standards, Technology, , Linux, Qantas Airlines, Tech, Google, Amazon, Associated Press Locations: San Diego, AP.org
Exactly when that will happen is being influenced by humans, according to a new study, as melting polar ice alters the Earth’s rotation and changes time itself. The hours and minutes that dictate our days are determined by Earth’s rotation. But after a long trend of slowing, the Earth’s rotation is now speeding up. Melting polar ice is slowing the impact on Earth’s rotation and has delayed the date by three years, pushing it from 2026 to 2029, the report found. Changes in Earth’s rotation over the long term have been dominated by the friction of the tides on the ocean floor — which has slowed down its rotation.
Persons: Patrizia, , Duncan Agnew, Agnew, Ted Scambos, ” Agnew, , Olivier Morin, Scambos Organizations: CNN, Time Department, International Bureau, University of California San, University of Colorado Boulder Locations: France, University of California San Diego, Scoresby Fjord, Greenland, AFP
The event marks a critical moment for Kennedy’s White House bid that could accelerate his efforts to gain ballot access in all 50 states. His vice presidential pick will also be tasked with broadening Kennedy’s appeal and helping raise money for his big-spending campaign. Kennedy campaign ballot access attorney Paul Rossi suggested Nevada Democrats were attempting to block Kennedy from gaining ballot access in the state – a claim the secretary of state’s office rejected. “Vice presidential candidates don’t tend to push elections very far, even for the major-party candidates. “I would never choose a vice presidential candidate based on how much money they have,” Kennedy said in a NewsNation interview last week.
Persons: Robert F, Kennedy Jr, Kennedy, Nicole Shanahan, Jesse Ventura, Aaron Rodgers, Tulsi Gabbard, Republican Sen, Rand Paul, Andrew Yang, Mike Rowe, Tony Robbins, Tricia Lindsay, , , we’ve, ” Kennedy, John F, Kennedy’s, Shanahan, Sergey Brin, Rodgers, Cecilia Heston, Paul Rossi, ” Heston, Donald Trump, Joe Biden, Sandy, Pamela Brown, Stefanie Spear, Robbins, Biden, Angela McArdle, Trump, , Cornel West, Bernard Tamas, Tamas, CNN’s Gregory Krieg Organizations: CNN, Independent, Minnesota Gov, NFL, Democratic, Republican, Oakland, Bay Area Fox, KTVU, Google, University of California, PAC, White, Nevada Democrats, Democratic National, Federal, Kennedy, Democratic Party of Hawaii, Sandy Hook Elementary, Children’s Health Defense, Libertarian Party, , Trump, Biden, Valdosta State University, FEC, New York Times Locations: Oakland , California, Minnesota, Oakland, Chico , California, Berkeley, Washington, Utah, New Hampshire , Nevada, Hawaii, Arizona , Georgia, Michigan, South Carolina, Nevada, Pennsylvania, Georgia
If the Supreme Court agrees with the appeals court, the approval of mifepristone could be reset to where it stood before 2016, limiting telehealth access to medication abortion and reimplementing other restrictions. “Nevertheless, drug developers invest in new medicines because, if their investments succeed, FDA’s rigorous drug approvals and subsequent regulatory actions are sturdy enough to facilitate reliable returns. “And without necessary investment, drug development would freeze, stifling innovation and limiting treatment options for patients.”Of course, if the Supreme Court upholds the appeals court decision, the most immediate impact would be to mifepristone itself. “It is both my hope and my ‘bet’ that the court doesn’t uphold the 5th Circuit on the standing argument,” Cohen wrote. “But I have learned the Supreme Court is hard to predict much of the time.”
Persons: thalidomide, mifepristone that’s, , Daniel Grossman, ” Grossman, ” PhRMA, Glenn Cohen, Dr, Sanjay Gupta, Cohen, ” Cohen Organizations: CNN, Food and Drug, Federal Food, FDA, US, University of California San, Reproductive, Guttmacher Institute, Circuit, Appeals, Pharmaceutical Research, Manufacturers of America, Harvard Law School, CNN Health Locations: Massengill, University of California San Francisco, Texas
Does counting sheep work? So does counting sheep really help you fall asleep? “Something as mundane as counting sheep usually does not do the trick,” she said. Remember what happened, how you felt and let yourself bask in those good feelings to encourage sleep, Harvey said. Doing so can get it out of your head before your head hits the pillow, allowing sleep to come without counting sheep.
Persons: CNN —, , I’ve, Messer Azzolino, , Miguel de Cervantes, Don Quixote, Sancho Panza, Quixote, Disciplina, Don Quixote ” —, Panza, you’ll, Allison Harvey, , Harvey, , ” Harvey, didn’t, savoring Organizations: CNN, Hulton, Research, University of California, Oxford University Locations: , Berkeley
CNN —Peach trees are blooming at Jaemor Farms in Alto, Georgia, this week. Owner Drew Echols, a fifth-generation farmer, said it has become harder to predict when fruits like the iconic Georgia peaches would start blooming. Blooming peach trees are seen alongside a covered field of strawberries at Jaemor Farms in Alto, Georgia, on March 19, 2024. The fruits begin to bloom as temperatures warm, but when a cold spell comes back, they become susceptible to damage. Fruits like peaches, strawberries, mangoes and plums typically reach their peak ripeness during the summer months.
Persons: Drew Echols, he’s, ” Echols, “ You’re, Meridith Edwards, Echols, ” Louise Ferguson, Davis, Ferguson, Dorothy Suput, Ben Clark, Lane Turner, Benjamin Cook, ” Cook, ” Ferguson, Doug Engle, Suput, ” Suput, , Organizations: CNN, University of California, National Oceanic, Atmospheric Administration, Croatan Institute, Boston Globe, Columbia University, NASA Goddard Institute for Space Studies, University of Florida, Science Research, Unit, Ocala Star Banner, USA Locations: Alto , Georgia, Georgia, Boston, New Hampshire, Ocala, New England
Siskind is one of a growing number of entrepreneurs and executives seeking out psychedelics — including LSD, psilocybin mushrooms, ayahuasca, and MDMA — for work-related inspiration and guidance. AdvertisementA Manhattan psychedelic sound bathSarah Rose Siskind says one year after her psychedelic-induced revelation, work is going better than ever. When Siskind arrived at work on Monday, she called a staff meeting to share the company's new value-oriented direction. While Zillmer's breakthroughs came in Peru and with ayahuasca, these types of retreats for business professionals are popping up all over and with a variety of psychedelics. Beyond bottom linesThe location where Kiyumí Retreats will host a psychedelic retreat for business professionals later this year.
Persons: , Sarah Rose Siskind, she'd, I'd, psychedelics, Steve Jobs, Mike Bryk, Siskind, David Luke, psychedelics Henrik Zillmer, Michael Costuros, Henrik Zillmer, Zillmer, It's, John Gilmore, Gilmore, Gül, Dölen, Isabel Wiessner, AirHelp, Kiyumí, Bennet Zelner, Zelner, they'd, John Allison, Allison Organizations: Service, Business, University of Greenwich, Sun Microsystems, University of California, Federal University of Rio, University of Maryland Locations: New York City, Silicon, Peru, Mexico, Noho, Manhattan, Bay, London, Berlin, Berkeley, Federal University of Rio Grande de Norte, Brazil, Netherlands, Brooklyn
By Jonathan StempelNEW YORK (Reuters) - New York University said it has moved "decisively" to root out antisemitism on its campus, and that a lawsuit by Jewish students claiming they have been mistreated should be dismissed. In a Monday night filing in Manhattan federal court, NYU said reports of antisemitism have declined significantly, sometimes to near zero, following a surge immediately after of the Oct. 7, 2023 outbreak of war in Gaza. The university also said student victims of antisemitism lack legal standing to demand sweeping changes. The NYU plaintiffs accused the school of violating federal civil rights law by enforcing its anti-discrimination policies unevenly, including by allowing chants such as "gas the Jews" and "Hitler was right" while ignoring other bigotry. The case is Ingber et al v New York University, U.S. District Court, Southern District of New York, No.
Persons: Jonathan Stempel, Hitler, Bill Berkrot Organizations: New York University, NYU, Carnegie, Mellon, Columbia, Harvard, MIT, University of California, University of Pennsylvania, Hamas, U.S, Court, Southern District of Locations: Manhattan, Gaza, Israel, Berkeley, Columbia, Southern District, Southern District of New York, New York
But a new nationwide study that analyzed data from 300 million home sales and 60,000 wind turbines finds turbines’ impact on home values is much lower than previously thought – about a 1% drop on average for a home with at least one wind turbine within six miles. Even for homes close to a turbine, the study finds the negative impact to property value “diminishes and eventually disappears” within a decade. Getting the answer required building a massive mapping database of the distance between US homes and wind turbines, accounting for changes in topography and other factors. The study also explored just how big wind turbines appear to the human eye. Much of the growth in wind turbines in the US has been on farmland in the Midwest, Great Plains states and Texas.
Persons: Max Auffhammer, , ” Auffhammer, Wei Guo, Auffhammer, Aaron Heley Lehman, you’re Organizations: CNN, University of California, Italian Centro, Iowa Farmers Union Locations: United States, Berkeley, Italian, Midwest, Great Plains, Texas, Iowa
With its recent Starship mission, SpaceX is poised to cut launch costs 10-fold, said an expertThe firm flew its flagship mega-rocket to space without exploding on Thursday for the first time. AdvertisementSpaceX's Starship launch on Thursday didn't only look cool. SpaceX has already shaved launch costs downStarship-Super Heavy is the biggest launch system ever developed. AdvertisementA picture shows Starship fully stacked on its launchpad. "Lowering launch costs has always been the first step to unlocking broader, deeper sources of value from space," he said.
Persons: , Elon, Brendan Rosseau, Abhi Tripathi, Elon Musk, Starship's, George Nield, Harvard's Rosseau, Tripathi Organizations: SpaceX, Service, Harvard Business School, Super, Mission, University of California, Space Sciences Laboratory, Space Shuttle, Space Transportation
This story is available exclusively to Business Insider subscribers. Since its founding, Covaraint has secured around $222 million in funding, Business Insider previously reported. And the company's software already powers sorting robots in warehouses across the globe, according to the Times. AdvertisementBut by relying on the same underlying technology ChatGPT uses, the robots powered by Covariant's software can learn through trial and error. A spokesperson for Covariant did not respond to a request for comment from Business Insider.
Persons: , ChatGPT, Pieter Abbeel, Peter Chen, Rocky Duan, Tianhao Zhang, Abbeel, Chen, Duan, Covaraint Organizations: Service, The New York Times, Business, Times, The Times, YouTube, University of California Locations: California, The, Berkeley
A Montana rancher was charged with illegally selling offspring from a cloned sheep across state lines. There's nothing illegal about selling sheep for exorbitant prices — unless those animals are Marco Polo argali sheep, or in Schubarth's case, hybrids of Marco Polo argali sheep. Marco Polo argali sheep are native to central Asia and are considered threatened under the US Endangered Species Act. Shortly thereafter, Schubarth allegedly got his hands on some of those sheep parts and, in 2015, paid a deposit of $4,200 to produce cloned sheep embryos from the dead argali's remains. AdvertisementIn May 2017, a pure argali sheep was born from one of those cloned embryos.
Persons: , Arthur, Jack, Schubarth, Marco Polo, George Schaller, Joyce Tischler, Lacey, King, Matthew Polak, Dolly, it's, Alison Van Eenennaam, Davis, Van Eenennaam, Gregory Kaebnick, isn't, Rula Rouhana, Reuters It's, Kaebnick, didn't Organizations: Service, Department, Lewis & Clark Law School's Center for Animal Law, European Union, Getty, University of California, and Wildlife Service, The Hastings Center, Reproductive Biotechnology, Reuters Locations: Montana, Asia, Kyrgyzstan, Dubai
Why the SAT Isn’t Racist - The New York Times
  + stars: | 2024-03-14 | by ( John Mcwhorter | ) www.nytimes.com   time to read: +2 min
That’s three down: Last week, Brown University reinstated standardized testing as a part of its admissions requirements, following Yale and Dartmouth, which did the same earlier this year. For all that we have heard about how standardized tests propagate injustice, the decisions at these Ivy League schools are antiracism in action, and should serve as models for similar decisions across academia. Of course, for years, the leading idea has been precisely the opposite: that the proper antiracist approach is to stop using standardized tests in admissions. Many schools first suspended using them a few years back because their administration was too difficult during the peak of the Covid pandemic. All the way back in 2001, the University of California president Richard Atkinson was warmly and widely celebrated for eliminating the SAT from the schools’ admissions process.
Persons: Richard Atkinson, Sian Beilock Organizations: Brown University, Yale, Dartmouth, Ivy League, University of California
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