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Your health records are coming to new apps. Here's why
  + stars: | 2024-08-01 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
It's about to get a lot easier for patients in the U.S. to access their own medical records. Health-care software vendor Epic Systems on Thursday announced that individuals will be able to securely release their health data to different apps they choose to use, meaning they will have more direct control over their medical information than ever before. For instance, if patients are using a health coaching app or an app that reminds them to take their medicine, they can choose to import their records directly into those platforms. It launched in December, and aims to iron out both the legal and technical requirements for sharing patients' data at scale. If one person uses Verizon as their phone carrier, a second person uses AT&T and a third person uses T-Mobile, they are all still able to call and text one another.
Persons: hasn't, TEFCA, Micky Tripathi, Tripathi Organizations: Systems, U.S . Department of Health, Human Services, HHS, Verizon, Mobile, CNBC Locations: U.S
"It is likely to impact many businesses, especially those developing AI systems but also those deploying or merely using them in certain circumstances." For AI applications deemed to be "high-risk," for example, strict obligations will be introduced under the AI Act. watch nowExamples of high-risk AI systems include autonomous vehicles, medical devices, loan decisioning systems, educational scoring, and remote biometric identification systems. Generative AI is labelled in the EU AI Act as an example of "general-purpose" artificial intelligence. General-purpose AI models include, but aren't limited to, OpenAI's GPT, Google's Gemini, and Anthropic's Claude.
Persons: Dado Ruvic, Tanguy Van Overstraeten, Charlie Thompson, Appian, Thompson, Meta, OpenAI's, Google's, Anthropic's Claude, Jamil Jiva, Linedata, GDPR, Jiva Organizations: Reuters, European Commission, EU, CNBC, Microsoft, Google, Apple, Web Services, Big Tech, EMEA, Data, Facebook, Companies, AI Office, Commission Locations: Brussels, EU, Europe
Officials later confirmed to the Associated Press that some F-16s were indeed in Ukraine. AdvertisementThis means Ukraine may not use its F-16s for the frontline offensives it would prefer, according to military experts and Ukraine's top general. Peter Layton, a fellow at the Griffith Asia Institute who served in Australia's air force, said Ukraine would have to be cautious. He said its small number of aircraft and few pilots would mean Ukraine has to prioritize avoiding losses, so it can fly the F-16s as long as possible. Ukraine also faces challenges when it comes to logistics around the F-16s.
Persons: , Netherlands —, Peter Layton, Justin Bronk, Gen, Oleksandr Syrskyi, Marina Miron, Volodymyr Zelenskyy Organizations: Service, Bloomberg, Associated Press, NATO, Business, Times, Griffith Asia Institute, Russian, Royal United Services Institute, Guardian, War Studies Department, King's College London, Department of Defense, Politico, Washington Post, Reagan Locations: Ukraine, — Belgium, Denmark, Norway, Netherlands, London, Russia, Col, Ukrainian
Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm's backlog of projects overshadowed its better-than-expected quarterly results. Scrutiny of Nextracker's revenue backlog came more into focus during Nextracker's conference call with analysts. That, in turn, impacts the pace at which Nextracker's backlog becomes reported revenue. With interest rate cuts on the horizon, the economics of solar projects should get a whole lot better. " Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Nextracker, Dan Shugar, Jim Cramer, Praneeth Satish, Howard Wenger, Wenger, Shugar, Jim, Jim Cramer's, Brandon Bell Organizations: Revenue, Club, Truist Securities, Microsoft, Fed, CNBC, Getty Locations: Fargo, Kayenta , Arizona
ETN YTD mountain Eaton YTD Shares of Eaton, which specializes in electrical components and power management systems, opened lower after a 6% gain in Wednesday's broader market rally. Data center energy demand drove record sales in Eaton's Electrical Americas and Electrical Global. Record sales were also recorded in Aerospace. Quarterly commentary While cash flow results were short of expectations, both operating cash flow (up 11% to $946 million) and free cash flow (up 10% to $759 million) represented second-quarter records. Operating cash flow is expected at $4.2 billion to $4.4 billion, and free cash flow is expected at $3.6 billion versus estimates of $4.4 billion operating cash flow and $3.56 billion free cash flow.
Persons: Eaton, Parker, Craig Arnold, Arnold, Jim Cramer's, Jim Cramer, Jim Organizations: Management, Revenue, LSEG, Electrical, Aerospace, Electrical Global, Hannifin, DuPont, Honeywell, DD, CNBC, Eaton Corporation, NYSE Locations: Eaton, North America
My husband stayed up working, and very early the next morning a bat flew into our bedroom, through a screen door left open by accident. What happened over the next few days restored my faith in the systems in our country that keep us safe. “Bat!” I told my husband, sleeping beside me. “It’s one thing after another,” my husband said, clambering out of bed to grab something to catch it with. Though bats are beneficial insectivores, they’re also our highest risk for contracting rabies, a fatal disease carried by about 6 percent of bats tested in the continental United States.
Persons: Biden’s, Donald Trump’s, clambering, they’re Organizations: ABC Locations: United States
CNN —President Joe Biden is weighing more US defenses in the Middle East as the US prepares for an Iranian retaliation against Israel that officials say could include an attack on American forces. The statement did not detail what new deployments would occur ahead of an anticipated Iranian attack in response to the assassination of Hamas leader Ismail Haniyeh in Tehran. The officials said an Iranian response could occur in the coming days. Israel Defense Forces spokesman Rear Adm. Daniel Hagari said that “international partners” have bolstered their forces in the region, though he did not specify which countries. The US is expecting the anticipated Iranian attack may be similar to the barrage of ballistic missiles and drones launched against Israel on April 13, officials said.
Persons: Joe Biden, Benjamin Netanyahu Thursday, Biden, Ismail Haniyeh, Theodore Roosevelt, “ We’re, Benjamin Netanyahu, ” Biden, Joint Base Andrews, Haniyah, , Daniel Hagari, Israel’s, Jordan, Hassan Nasrallah, Israel, Haniyeh Organizations: CNN, Israeli, Pentagon, US Central Command, Navy, USS, Marine, Joint Base, Islamic Revolutionary Guard Corps, Israel Defense Forces, Defense, Israel Locations: Israel, Tehran, Gulf of Oman, Aden, Lebanon, Iraq, Syria, Iranian, Jordan, Iran, Beirut, East
An infographic details the crash location of the US military V-22 Osprey aircraft near Japan's Yakushima island. Debris believed to be from a US military Osprey aircraft is seen in waters off the coast of Yakushima Island. Members of the Japanese Navy look through binoculars during a search operation after the CV-22 Osprey crash. The Air Force, alongside the other military services that fly the Osprey, grounded their V-22s shortly after the crash. The service said last month that only a handful of its aircraft were flying at Cannon Air Force Base in New Mexico.
Persons: , Military.com, Michael Conley, Conley, didn't, It's, , Jeffrey T, Eric V, Luke A, Terrell K, Zachary E, Jake M, Brian K, Johnson, Jake Galliher, Spendlove, Adm, Carl Chebi, Chebi, " Conley, we're Organizations: Service, Air Force, Business, Ospreys, Getty, Air Force Special Operations Command, NBC, Osprey, Japan Coast Guard, AP, Ministry of Defense, Tech, Staff, Pentagon, Cannon Air Force Base, The Air Force, Naval Air Systems Command Locations: Japan, Anadolu, Yakushima, Yakushima Island, New Mexico
Learn moreThe LG G4 is one of the most stunning premium displays I've tested. Judged against other 2024 models, the LG G4 is easily one of the best TVs you can buy for top-notch image quality. But the G4 is technically the best OLED TV LG has ever made. LG 65-inch G4 OLED 4K TV The G4 is one of the most impressive OLED TVs we've tested, but its benefits over last year's more affordable G3 are subtle. Steven Cohen/Business InsiderThe LG G4 delivers high-end image quality that's a clear step above cheaper TVs.
Persons: It's, HLG, Steven Cohen, I'm, you'll, steadying, it's, webOS Organizations: Business, LG, Amazon, Walmart, Dolby, HLG Smart, Sony, Samsung, Google, Disney, Luna
"And I knew it would just get harder and harder for her once she got to intermediate and high school." That's when she learned about the Green School in Bali, Indonesia, known for its sustainability-focused curriculum and eco-friendly bamboo campus . "I remember getting up and telling the family, 'We're moving to Bali for the Green School,'" Jackie said. There are around 70 Indonesian students at Green School Bali, of which half are on full scholarships, he said. Yearly tuition fees at Green School Bali do not come cheap.
Persons: , Mila, Jackie Easthope, Jackie, SONNY TUMBELAKA, John Hardy, Cynthia, Jackie Easthope It's, Kingston, Mads Hedegaard, Hedegaard, Sayoga, Bali Jackie, I'd, I'm Organizations: Service, Business, Green School, Getty, Education, Motion, Hardys, Indy, Green, Western Associates of Schools, Colleges, WASC, Green School Bali, Canggu Community Locations: New Zealand, Bali , Indonesia, AFP, Bali, South Africa, Singapore, Kingston, Beraban, Canggu
Short-term rentals are generally considered more lucrative than long-term rentals. Summer 2023 was tough across the board for the short-term rental market, with some Airbnb and Vrbo hosts seeing revenue drop by up to 18%. The couple self-manages three short-term rental properties. "On a lot of these short-term rental platforms like Airbnb and Vrbo, there are rating systems for the guest," said Jervais. They noted that working with the right property manager or co-hosting platform is a good option for a short-term rental property owner who wants to be more hands-off.
Persons: they're, Natia, Jervais Seegars, they'd, they've, We're Organizations: Service, Business, Ventures, Strategy
While there are still concerns about the company's aggressive AI spending, we believe these investments will pay off in the long run. Both trends were cited as the main drivers behind Meta's revenue outperformance in the quarter. Zuckerberg added that AI is opening the door to new experiences and opportunities, especially with Meta AI, which is powered by the company's large language model that is often referred to as Llama. Zuckerberg said he believes Meta AI will be the most used AI assistant in the world by year end. Management now sees capex in the range of $37 billion to $40 billion, up from its prior range of $35 billion to $40 billion.
Persons: China's ByteDance, — Zuckerberg, Zuckerberg, we'll, Ray, Jim Cramer's, Jim Cramer, Jim, Mark Zuckerberg Organizations: Revenue, LSEG, China's, Meta, Investment, Facebook, Realty Labs, VR, Management, CNBC, Press, AFP, Getty Locations: United States, U.S, Tokyo
Boeing names new CEO after losses more than triple
  + stars: | 2024-07-31 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
Boeing announced Robert “Kelly” Ortberg, the former CEO of supplier Rockwell Collins, will be its new CEO, effective August 8, replacing retiring Boeing CEO Dave Calhoun, who has been under fire for the company’s problems. Serious problems to solveOrtberg will have his hands full fixing the problems at Boeing, which has not posted a profitable year since 2019. It recently agreed to plead guilty to charges that its employees defrauded the Federal Aviation Administration during the original certification process for the 737 Max. The company has come under renewed scrutiny since a 737 Max plane’s door plug blew off shortly after takeoff in January. But that will keep the losses building at Boeing as it can’t make money at its current level of production.
Persons: Robert “ Kelly ” Ortberg, Rockwell Collins, Dave Calhoun, Ortberg, I’m, , ” Ortberg, Dennis Muilenburg, “ Kelly, Steven Mollenkopf, ” Rockwell Collins, Max Organizations: New, New York CNN, Boeing, Texas Instruments, United Technologies, Collins Aerospace, Federal Aviation Administration, FAA, Air Force Locations: New York
Read previewThe Houthis' unprecedented July 19 drone attack against Tel Aviv from Yemen caught Israelis by surprise, piercing the country's battle-tested defenses and exposing vulnerabilities that the Yemen-based rebels were ready and willing to exploit. "This confirms that technology alone, even for one of the most advanced air defense systems in the world, is not enough to provide effective protection," Borsari said. "Firstly, the advanced Houthi drone was launched for the first time, following an atypical flight path that likely caught the Israelis off guard," Khoueiry told BI. Houthi Media Center via Getty Images'A more cunning approach'Following the deadly attack, the Israeli military promptly increased air patrols to protect Israeli airspace. "This means integrating low-tier air defense capabilities at scale, combining different types of effectors with an eye on cost-effectiveness," Borsari said.
Persons: , Federico Borsari, Israel, Samad, Borsari, Freddy Khoueiry, RANE, Khoueiry, Yemen's, Sebastien Roblin, Roblin, harry IDF, CEPA's Borsari, Dome's Tamir, Tamir, RANE's Khoueiry Organizations: Service, Tel, Center for, Business, Eritrean, Technology, Houthi Media, Getty, Hodeidah, Red Sea, BI, Jordanian, US Navy, Navy Locations: Tel Aviv, Yemen, Red, Israel, Jordan, Egypt, Saudi Arabia, East, North Africa, Eilat, Iran, Gulf of Aden, Gaza, Eritrea, Sudan, Saudi
Certain stocks should be winners as the Federal Reserve seeks to lower short-term rates, if history is any guide. Short-term yields have been falling this week in anticipation of a Fed action. CNBC Pro screened for the stocks in the S & P 500 that tend to rise the most when short-term rates decline. The majority of stocks are in businesses that would benefit from lower rates. There are also often volatile stocks that would benefit from lower rates increasing risk-taking by investors.
Organizations: Federal, Federal Reserve, Traders, CNBC Pro, Treasury, Camden Property Trust, Alto Networks, Power Systems, Qualcomm Locations: PutleGroup
Read previewRussia is stepping up sanctions-evading measures to keep its international trade flowing. Russian central bank governor Elvira Nabiullina said the first transactions are expected by the end of this year, per Reuters. An existing ban on crypto payments in Russia remains, but Moscow's greenlighting crypto for international trade marks a significant shift. Russia could be eying a digital-currency-based settlement systemIt isn't clear how Russia's crypto and digital currency regimes will shape up. Even China, which has one of the world's most advanced digital currencies, relies on a "two-tier" system involving banks as wallet-holding agents.
Persons: , Elvira Nabiullina, Nabiullina, Vladimir Putin, Moscow hasn't, Christopher Granville, Granville Organizations: Service, Russia's, Duma —, Reuters, Business, Bloomberg, US Treasury, GlobalData, Lombard, Russia Locations: Russian, Russia, Ukraine, cryptocurrencies, Hong Kong, Moscow, China, UAE, Turkey, Austria, India
Mr. Ortberg, known as Kelly, will inherit a long list of difficult tasks. Mr. Ortberg, 64, brings decades of industry experience and an outsider’s perspective to the role. He is a former chief executive of Rockwell Collins, which made electronic systems and other technology for aircraft, including those made by Boeing. A mechanical engineer, Mr. Ortberg began his career at Texas Instruments in 1983. He joined Rockwell in 1987, quickly rising through the ranks, overseeing development programs for the Boeing 787 and Airbus A350 planes, and eventually becoming chief executive in 2013.
Persons: Robert K, Ortberg, Kelly, Rockwell Collins, Ortberg’s, Rockwell Organizations: Mr, Boeing, Current, Texas Instruments, Rockwell, Airbus, United Technologies, Raytheon, RTX
Kyiv, Ukraine CNN —Russia has launched one of the largest drone attacks on Ukraine since the war began, mainly targeting overnight the region in and around the capital Kyiv, according to the Ukrainian military, which said all 89 drones fired were shot down. Dramatic video released by the Ukrainian Air Force shows one drone on fire, falling from the sky and landing in a field — causing a large cloud of smoke but no visible damage. “Just like then, today the Ukrainian air defense has withstood and repelled a massive attack by enemy drones,” he said. Since then, Ukraine has repeatedly pleaded for allies to provide more air defense systems. We need sufficiently courageous decisions from our partners — enough air defense systems, enough range,” Zelensky added.
Persons: Ruslan Kravchenko, Mykola Oleshchuk, , Volodymyr Zelensky, , Zelensky, ” CNN’s Michael Conte Organizations: Ukraine CNN —, Ukrainian Air Force, Mobile, Ukrainian Defence Forces, Air Force, Army Aviation, Land Forces, Russian, Biden, Ukraine’s Armed Forces Locations: Kyiv, Ukraine, Ukraine CNN — Russia, Russia, Mykolaiv, Kherson, Donetsk, Toretsk, Russian, Kursk, Russia’s Kursk, Ukrainian
The other involved Meta AI responses about the shooting, which in some instances inaccurately claimed the incident hadn't occurred at all. In the blog post for Meta, Kaplan denied the decisions had been made with bias. Kaplan said it is a "known issue" that chatbots like Meta AI can be unreliable when asked about breaking news or real-time events. Meta has updated its AI response on the topic, but Kaplan acknowledged, "We should have done this sooner." "These types of responses are referred to as hallucinations, which is an industry-wide issue we see across all generative AI systems, and is an ongoing challenge for how AI handles real-time events going forward.
Persons: , Donald Trump, Trump, Joel Kaplan, Kaplan, Elon Musk, Mark Zuckerberg, he's Organizations: Service, Business, Trump, Meta, Big Tech
Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.
Persons: , John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP
Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Bastian said that he sees 'strong demand' for flights carrying into 2023. Delta Air Lines CEO Ed Bastian said the massive IT outage earlier this month that stranded thousands of customers will cost it $500 million. The airline canceled more than 4,000 flights in the wake of the outage, which was caused by a botched CrowdStrike software update and took thousands of Microsoft systems around the world offline. Other airlines recovered faster, and Delta's cascading disruptions and customer response sparked an investigation by the U.S. Department of Transportation.
Persons: Ed Bastian, Bastian, CNBC's Organizations: Delta Air Lines Inc, Delta Air, Microsoft, U.S . Department of Transportation Locations: New York, Paris
Read previewThe US is sending Ukraine air-to-air missiles to go with the new F-16 fighter jets coming this summer from European partners, per a new report on armaments. AdvertisementPowerful air-to-air missilesThe AIM-120 is an all-weather, beyond-visual-range air-to-air missile with active radar for decreased dependence on the aircraft for intercepts. On the other missile Ukraine is receiving, the AIM-9X is a short-range air-to-air missile with an infrared seeker and is the newest variant in the Sidewinder family. The Russians are operating Su-35 and MiG-31 fighter jets that carry long-range air-to-air missiles like the R-37. With F-16s, Ukraine can potentially better use these weapons to degrade Russia's vaunted air-defense capabilities.
Persons: , Boris Roessler, it's, Gen, Oleksandr Syrskyi, George Calin, Netherlands —, Volodymyr Zelenskyy, James Hecker, Hecker Organizations: Service, AIM, Air Missile, 9X, Street, Business, Danish Air Force, Getty, Ukrainian Air Force, Eglin Air Force Base, US Air Force, Guardian, Center for Strategic, International Studies, Ukrainian Air, REUTERS Kyiv, Soviet, Mitchell Institute for Aerospace Studies, NATO Locations: Ukraine, Kyiv, Germany, Fla, Ukrainian, Soviet, Fetesti, Romania, Denmark, Norway, Belgium, Netherlands
A recall of Boar's Head products has expanded to include a whopping 7 million additional pounds of deli and poultry items in a deadly multistate outbreak of listeria infections. As of Tuesday, 34 people have gotten sick across 13 states in the outbreak — including 33 hospitalizations and two deaths. Last week, the deli meat company had recalled more than 207,000 pounds of deli meat, including liverwurst and ham products, because they may contain the bacteria Listeria monocytogenes. Boar's Head has now expanded that recall, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced in a press release Tuesday. Boar's Head said in a statement on its website that it had initiated the recall after a liverwurst sample collected by the Maryland Department of Health had tested positive for listeria.
Persons: Boar's Organizations: U.S . Department of Agriculture's, Inspection, Brand, Maryland Department of Health, The Maryland Department of Health, Baltimore City Health Department, Centers for Disease Control, Mayo Clinic, CDC Locations: Montebello , California, Illinois, New Jersey, Cayman Islands, Dominican Republic, Mexico, Panama, Virginia, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLeonardo CEO: Strong request for defense systems amid geopolitical tensionsRoberto Cingolani, CEO of Leonardo, says we are shifting from a "normal concept" of defense which is based on weapons to something much broader which is global security.
Persons: Roberto Cingolani, Leonardo
According to an S&P Global analysis, the global semiconductor industry consumed as much water in 2021 as the city of Hong Kong. Water consumption for chip fabs and data centers will rise as the demand for chips grows. The chip fabs stored the TCE underground, but tanks sometimes ruptured, leaking the chemical into the local groundwater and soil. Now, chip fabs must work with local governments to meet water management and waste disposal requirements. Several researchers are investigating ways to reduce and recycle water in chip manufacturing.
Persons: , Prakash Govindan, Steve Proehl, Packard, Govindan, he's, fabs, Paul Westerhoff, TSMC, Jensen Huang, Huang, Anuradha Murthy Agarwal, Agarwal Organizations: Service, Business, Intel, AMD, Philips, Hewlett, Environmental, Agency, Arizona State University, Micron, Nvidia, MIT's Materials Research Laboratory Locations: Hong Kong, Taiwan, American, Santa Clara , California, Valley's Santa Clara County, . Arizona, Colorado, Phoenix, Denver
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