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☆ Parenting tips from a traditional British 'Mary Poppins' nanny — from handling tantrums to limiting tablet time
▼ + stars: | 2023-11-06 | by ( Lucy Handley | ) www.cnbc.com time to read: +9 min

For every nanny who graduates, there are around 8 to 10 permanent jobs available via the Norland Agency. Knowing that she wanted to work with children, Alice explored teaching via a school internship, but felt a less structured setting would better suit her. Students at Norland College, whose uniform has been likened to Mary Poppins' outfit. Prince George's nanny, Maria Teresa Turrion Borrallo, in a formal Norland uniform, talks to Queen Elizabeth II at the Christening of Princess Charlotte of Cambridge on July 5, 2015. "But really, you're you're saying [these are] the warm weather outfits that you can wear, so you're keeping them safe, while so allowing them to be in control," she added.

Persons: Princess Charlotte of, Prince, Princess, Wales, Maria Teresa Turrion Borrallo, Queen Elizabeth II, nannies —, —, Mary Poppins, Alice, Norland, Emily Ward, Friedrich Fröbel, Norland nannies, they're, Prince George's, Chris Jackson, that's, I'm, you've Organizations: Norland, Norland Agency, CNBC, Norland College, Princess Charlotte of Cambridge, Getty Locations: Bath, Princess Charlotte of Cambridge, London, Afghanistan, New York City

☆ She was a Pan Am flight attendant, he was a pilot. Their inflight meeting sparked a 50-year romance
▼ + stars: | 2023-11-03 | by ( Francesca Street | ) edition.cnn.com time to read: +19 min

CNN —Flight attendant Ilona Zahn was less than impressed when she first met pilot Ian Duncan. Ilona was working the first class cabin on the Pan American Airlines flight from Rome to Tehran, traveling via Beirut and Damascus. It was, says Ilona, “a long, romantic embrace.”When their Pan Am flight returned to Rome, Ian and Ilona spent the evening walking around the city together. When their flights didn’t coincide, they’d leave letters for one another at Intercontinental Hotels frequented by Pan Am crew. Ilona DuncanWhile Ilona was enjoying her romance with Ian, she was also keen to hold onto her independence.

Persons: Ilona Zahn, Ian Duncan, Ilona, Ian, ” Ilona, “, haven’t, Ilona wasn’t, Ilona Duncan Ilona’s, ’, ‘, ”, Rome Here's Ilona, Ilona Duncan, warily, wouldn’t, he’d, –, she’d, who’d, John F, Here's Ian, He’d, They’d, Rome, ’ ”, Iona, Pan, She’d, ” Ian, Ilona weren’t, Richard Burton, Elizabeth Taylor, Sophia Loren, “ Ilona Zahn, Manhattan –, Pan Am, Duncan, Ilona Zahn Ilona, She’s, Ian’s, I’m Organizations: CNN, Pan American Airlines, CNN Travel, Boeing, Pan, Royal Tehran Hilton, John, Kennedy, Intercontinental Hotels, Pan Am, “, Playboy, Airbus, Hotel Metropole Locations: Rome, Tehran, Beirut, Damascus, Tabasco, Worcestershire, ”, Iran, Germany, London , New York, Paris, American, Trevi, New York, Sydney, Australia, London, Tokyo, Kenya, Bermuda, JFK, Pan, New Delhi, Bangkok, Hong Kong, West Hampton, Long Island, Manhattan, Long Island , New York, Las Vegas, Fiji, Samoa, France, China, Virginia, Chesapeake, “, Florida

☆ An Apparent Cyberattack Hushes the British Library
▼ + stars: | 2023-11-03 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

The British Library in London is normally a place of quiet study, its reading rooms filled with authors, academics and students often surrounded by piles of books from the library’s collection of about 170 million items. The library’s Wi-Fi has also stopped working, and staff members haven’t been allowed to turn on their computers. Its gift shop is open for business, but only for anyone with cash to buy trinkets such as British Library-branded pencils. Library users, many of whom include writers with pressing deadlines, are beginning to be affected. Books are only available if they are stored at the main library location.

Persons: it’s, ”, haven’t, — Organizations: British, University of Cambridge Locations: London

☆ Arm is at the forefront of the AI revolution. Here's how it's powering billions of devices, from smartphones to cloud servers.
▼ + stars: | 2023-11-02 | by ( Sponsor Post | Created Arm With Insider Studios | ) www.businessinsider.com time to read: +7 min

In 1990, Arm (NASDAQ: ARM), then a startup based in Cambridge, UK, filled the void with high-performance, power-efficient, and small form-factor processor technology for battery-run products. The processor architecture was so robust that AI functions could be built into the devices themselves – voice, touch, and facial recognition. Delivering the right compute, from cloud to edgeEnormous cloud data centers process most of the world's big AI workloads today because they can do so more efficiently at scale. Arm technology is also designed to follow and support AI workloads as they increasingly get distributed outside the cloud to edge devices. As the most pervasive CPU architecture ever, Arm is at the forefront of the AI/ML revolution, powering billions of devices from smartphones to cloud servers.

Persons: Grace Hopper, We're Organizations: NASDAQ, ARM, Intel, NVIDIA, Insider Studios Locations: Cambridge, UK

☆ Scientists observe chimpanzees using human-like warfare tactic
▼ + stars: | 2023-11-02 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

[1/3] A group of chimpanzees listen to other chimpanzees heard at a distance in the West African forests of Cote d'Ivoire, studied as part of research by the Tai Chimpanzee Project, in this undated handout photograph. But in this case, it involved not people but chimpanzees in Tai National Park in southwestern Ivory Coast, West Africa's largest protected area of rainforest. Inter-group violence is ubiquitous in chimpanzees, Lemoine said. They were more likely to advance into dangerous territory after descending a hill if the rival chimpanzees were further away. Chimpanzees and the closely related bonobos are the species nearest genetically to humans, sharing about 98.8% of our DNA.

Persons: Wittig, Sylvain Lemoine, Lemoine, " Lemoine, Will Dunham, Rosalba O'Brien Organizations: REUTERS Acquire, University of Cambridge, Biology, Inter, Thomson Locations: West, Cote d'Ivoire, Tai, Ivory Coast, Washington

☆ Scientists Observe Chimpanzees Using Human-Like Warfare Tactic
▼ + stars: | 2023-11-02 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +4 min

It is a scenario that has unfolded innumerable times in the history of human warfare. Inter-group violence is ubiquitous in chimpanzees, Lemoine said. While atop border hills, the chimpanzees typically refrained from noisily eating or foraging, instead resting and listening. They were more likely to advance into dangerous territory after descending a hill if the rival chimpanzees were further away. Chimpanzees and the closely related bonobos are the species nearest genetically to humans, sharing about 98.8% of our DNA.

Persons: Will Dunham, Sylvain Lemoine, Lemoine, " Lemoine, Rosalba O'Brien Organizations: University of Cambridge, Biology, Inter Locations: Tai, Ivory Coast, West, Washington

☆ Who Killed the Innkeeper With a Sword in 1315?
▼ + stars: | 2023-11-02 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

A street musician murdered for playing music too loudly after dusk. And who killed the innkeeper with a sword after a fight? But fans of true crime and history can now peruse them in an interactive medieval murder map released in September by University of Cambridge researchers. Users can click through the back stories of more than 300 murders in the English cities of London, York and Oxford. Entries are searchable by gender, day of the week and even weapon (pole-axe or crossbow?).

Persons: Queen, England, ”, Manuel Eisner Organizations: University of Cambridge, Oxford, Cambridge Locations: London, York

☆ Unlike Pfizer, Moderna can meet 2023 COVID forecast, analysts say
▼ + stars: | 2023-11-01 | by ( Khushi Mandowara | ) www.reuters.com time to read: +3 min

Syringes with needles are seen in front of a displayed Moderna logo in this illustration taken, November 27, 2021. Around 20 million people need to be vaccinated with Moderna's updated COVID-19 vaccine for the company to reach $2 billion in 2023 sales from the private market, a figure four analysts told Reuters was achievable. The company has said it expects total U.S. COVID vaccine demand to be as much as 100 million doses in the fall season. Moderna forecast $6 billion to $8 billion for sales of its COVID-19 vaccine in 2023, $2 billion to $4 billion of which is expected to come from the commercial market. The COVID vaccine is Cambridge, Massachusetts-based Moderna's lone marketed product.

Persons: Dado Ruvic, Oppenheimer, Hartaj Singh, Michael Yee, Yee, Manas Mishra, Khushi, Patrick Wingrove, Bill Berkrot Organizations: REUTERS, Reuters, U.S, Moderna, Pfizer, Jefferies, GSK, Thomson Locations: Cambridge , Massachusetts, United States, Bengaluru, New

☆ U.K. invests $273 million in AI supercomputer as it seeks to compete with U.S., China
▼ + stars: | 2023-11-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, highlighting the country's ambition to lead in the technology as it races to catch up to the U.S. and China. The University of Bristol will build the supercomputer, called Isambard-AI after the 19th century British engineer Isambard Brunel. The announcement coincided with the first day of the U.K.'s AI safety summit, which is being held in Bletchley Park. The computer will pack 5,448 GH200 Grace Hopper Superchips, powerful AI chips made by U.S. semiconductor giant Nvidia , which specializes in high-performance computing applications. The U.K. government hopes the two combined supercomputers will achieve breakthroughs in fusion energy, health care and climate modeling.

Persons: Isambard Brunel, Grace Hopper Superchips, StackPC Organizations: The University of Bristol, Nvidia, Hewlett Packard Enterprise, American IT, Cambridge, Dell, Intel Locations: China, Bletchley Park, Britain, U.S, American, East Asia

☆ Britain to invest 300 million pounds in AI supercomputing
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

British Prime Minister Rishi Sunak delivers a speech on AI at Royal Society, Carlton House Terrace on October 26, 2023 in London, England. Funding for the "AI Research Resource" will be increased to 300 million pounds ($363.57 million) from a previously announced 100 million pounds, the government said at an AI safety summit aimed at charting a safe way forward for the rapidly evolving technology. "Frontier AI models are becoming exponentially more powerful," British Prime Minister Rishi Sunak said on social media platform X. "This investment will make sure Britain’s scientific talent have the tools they need to make the most advanced models of AI safe." The machines, which will be running from summer next year, will be used to analyse advanced AI models to test safety features, as well as to drive breakthroughs in drug discovery and clean energy, the government said.

Persons: Rishi Sunak, Peter Nicholls, Bristol's, Kylie MacLellan, Kirsten Donovan Organizations: British, Royal Society, Carlton, Terrace, REUTERS, Nvidia, Hewlett Packard Enterprise, Dell, SME, Thomson Locations: London, England, Britain, Cambridge, Bristol

(AP) — As the United States injects hundreds of billions of dollars into clean energy through its signature climate law, known as the Inflation Reduction Act, criticism is growing louder about where, how and whether new development should be allowed. MIT is offering a first-of-its-kind course that trains students to be mediators in conflicts over clean energy projects. Students get academic credit and hands-on experience addressing real-world dilemmas, while the community and developer get free help resolving conflict. In one recent Friday afternoon class, students debated everything from environmental justice concerns to misinformation to oil companies. He hopes to create a similar national consortium of universities serving communities and projects in their respective regions regarding clean energy.

Persons: ”, Larry Susskind, Susskind, stokes, ” Susskind, ” Leyla Uysal, “ It’s, “ We’re, ” It’s, Abraham Silverman, he’s “, Silverman, Larry, Patrick Field, ” Chaudhuri, Sarah Mills Organizations: Massachusetts Institute of Technology, MIT, Cipher News, Associated Press, Washington D.C, Cell, MIT Renewable Energy Clinic, Harvard University, Power, Google, Columbia University, New, New Jersey Board of Public Utilities, Consensus, “, ”, University of Michigan, AP Locations: CAMBRIDGE, United States, Washington, New York, California, Chicago, Michigan, New Jersey, Cambridge, loggerheads

☆ Turkey is celebrating 100 years as a republic. But today’s nation is a long way from 1923’s secular state
▼ + stars: | 2023-10-30 | by ( Zara Khan | ) edition.cnn.com time to read: +10 min

Today’s Turkey, however, is starkly different from the secular, Westernized state envisioned by Ataturk 100 years ago. The Turkish republic as imagined by Ataturk was firmly rooted in the West and a quick succession of reforms sought to modernize a population decimated by war. People often express such justification through religion, Murat Somer, a professor of political science at Ozyegin University in Istanbul, told CNN. What Ataturk may have been most proud of in today’s Turkey, however, is its growing influence on the world stage, analysts say. In 1926, after an assassination plot against him was discovered, Ataturk told his new nation: “One day my mortal body will turn to dust, but the Turkish republic will stand forever.”

Persons: Recep Tayyip Erdogan, Erdogan, Mustafa Kemal Ataturk, Ataturk, Hagia Sofia, Ataturk’s, weren’t, Ozel, Murat Somer, ”, Somer, “, Ayse, Ismet Inonu, Power, Ataturk “, ” Somer, Adem Altan, “ I’m, ” Zarakol, ” Ozel Organizations: CNN, Turks, Ataturk, Hagia, Ottomans, Hulton, International Relations, Kadir Has University, Ozyegin University, Republican People’s Party, University of Cambridge, Anitkabir, Sunday, Getty, NATO, East, Central Asia Locations: Istanbul, Turkish, Ottoman, Today’s Turkey, Ottoman Empire, Europe, Russia, Anatolia, Ankara, The Turkish, West, fez, Hagia Sofia, Turkey, Hagia, Kasimpasa, “, Ataturk, Turkish Republic, AFP, today’s Turkey, Ukraine, Central

Known as a passionate and provocative theater advocate who pushed for boundary-breaking works and for classics to be adventurously modernized, Brustein founded both the Yale Repertory Theatre and the American Repertory Theatre at Harvard. He was dean of the Yale School of Drama from 1966-1979 and during that time founded the Yale Repertory Theatre. “They'll have an unresolved experience.”After a painful, highly publicized dismissal from Yale, Brustein in 1979 switched to Harvard, where he taught English and founded the American Repertory Theatre in 1980. At both Yale Rep and A.R.T., Brustein told The Boston Globe in 2012, he embraced popular theater with a nationalistic streak: “We were trying to liberate American theater from its British overseers. The light, absurd comedy, which gently mocks the lavishness of other musicals, premiered in 1994 at the American Repertory Theatre and was close to making it to Broadway.

Persons: — Robert Brustein, Brustein, Gideon Lester, Lester, Doreen Beinart, “, ”, Tony, Meryl Streep, Christopher Walken, Cherry Jones, Sigourney Weaver, James Naughton, James Lapine, Tony Shalhoub, Linda Lavin, Adam Rapp, William Ivey Long, Steve Zahn, Wendy Wasserstein, David Mamet, Peter Sellars, Lee Strasberg, Marilyn Monroe, William Shakespeare, Shakespeare, August Wilson, Isaac Bashevis Singer, ” “ Chekhov, Ice, George Polk, Barack Obama, Daniel, Norma Brustein, it’s, ___ Mark Kennedy Organizations: Fisher, Bard University, Yale Repertory Theatre, American Repertory Theatre, Harvard, New York Times, Tea Party, Suffolk University, Harvard University, The New, Fulbright, Cornell, Vassar, Yale School of Drama, Yale Rep, Broadway, Los Angeles Times, Yale, Institute, Advanced Theatre, Time, Boston Globe, “, Vineyard, Washington , D.C, Abington Theatre, Theatre, Globe, Journalism, American Academy of Arts and, Theatre Hall of Fame, Arts, White, Carr, for Human Rights, Kennedy School of Government Locations: Cambridge , Massachusetts, The New Republic, New York City, Amherst, Columbia, Brustein, American, Washington ,, New York, New, “, United States

☆ Robert Brustein, Passionate Force in Nonprofit Theater, Dies at 96
▼ + stars: | 2023-10-29 | by ( Bruce Weber | More About Bruce Weber | ) www.nytimes.com time to read: +1 min

Robert Brustein, an erudite and contentious advocate for profit-indifferent theater, in the service of which he wore many hats — critic, teacher, producer, director, playwright and even actor — died on Sunday at his home in Cambridge, Mass. His death was confirmed by his wife, Doreen Beinart. Mr. Brustein was dean of the drama school at Yale and founded and ran the Yale Repertory Theater and the American Repertory Theater at Harvard, producing well over 100 plays and securing them in the regional theater firmament. A prolific writer with the zeal of an environmentalist and the moral certainty of a martyr, he reviewed stage productions for The New Republic for more than 50 years. In many books and in countless newspaper and magazine articles, he argued for brave theater, intellectual theater, nonpandering theater, and worried that the art form was being attenuated by the profit motive.

Persons: Robert Brustein, —, Doreen Beinart, Brustein, New York — Organizations: Yale, Yale Repertory Theater, American, Theater, Harvard, The New, Public Locations: Cambridge, The New Republic, United States, ”, New York

☆ Opinion: I’m an American stranded in Gaza. Why isn’t the US doing more to bring us home?
▼ + stars: | 2023-10-26 | by ( Stephanie Griffith | ) edition.cnn.com time to read: +16 min

We were at my wife’s parents house a couple of days into the war when there was an airstrike about 100 feet from my parents’ house. We all huddled together until we had to leave northern Gaza and head south. And my wife’s parents are between northern Gaza and Gaza City itself. And all they would say is, “We don’t have any information.”Listen, we live in northern Gaza. We’ve been told by the State Department transit will be allowed for Americans and their immediate relatives, meaning spouse and children if they’re not American.

Persons: Abood Okal, Wafa Abuzayda, Yousef, —, Wafa, Gazans, Okal, we’ve, ”, John Kirby, We’re, ” Kirby, ” Okal, Stephanie Griffith, hadn’t, let’s, ’, we’re, she’s, Abood, You’ve, haven’t, ” Abood, “, Israel, They’re, everyone’s, We’ve, they’re Organizations: CNN, Palestinian Health Ministry, Israeli Defense Forces, State Department, White House, West Bank, IDF, State, Palestinian Locations: Gaza, Massachusetts, Egypt, Israel, Palestine, New Jersey, Ramallah, Gaza City, Jerusalem, Cairo, Washington ,, Rafah, American, Cambridge

☆ Buyers are hesitant in view of what's happening to the supply of government debt: Mohamed El-Erian
▼ + stars: | 2023-10-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuyers are hesitant in view of what's happening to the supply of government debt: Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the state of the economy, volatility in the Treasury market, and more.

Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge, Treasury

REUTERS/Brian Snyder/File photo Acquire Licensing RightsOct 25 (Reuters) - IT software and consultancy services provider IBM (IBM.N) reported third-quarter revenue slightly above Wall Street targets on Wednesday, buoyed by stable demand for its software solutions and a stronger-than-expected mainframe business. Shares of the Armonk, New York-based company rose 2% in trading after the bell. While the company has seen a slowdown in the growth of its overall business compared to last year, it reiterated its annual target for revenue growth and free-cash-flow generation. Revenue at its software segment, which now includes newly acquired IT budgeting software maker Apptio, rose nearly 8%, excluding the impact from a strong dollar. IBM's revenue in the third quarter rose about 5% to $14.8 billion, compared to an estimate of $14.73 billion, according to LSEG data.

Persons: Brian Snyder, Ernst &, James Kavanaugh, Chavi Mehta, Pooja Desai Organizations: REUTERS, IBM, Ernst & Young, Reuters, Big, Revenue, Thomson Locations: Cambridge , Massachusetts, U.S, , New York, United States, Bengaluru

☆ ULA CEO says inaugural Vulcan rocket launch planned for December
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: 1 min

RELATED VIDEOS07:52 ULA CEO says inaugural Vulcan rocket launch planned for December03:56 Royal Philips CEO: We see a strengthening of consumer demand and a upping of confidence04:54 Huntington Bancshares CEO: There's a risk to the economy slowing down as interest rates are up04:29 HPE CEO Antonio Neri: Here's why AI is a big opportunity for us03:05 Advance SF launches 'It All Starts Here' campaign for San Francisco04:13 Ivanhoe Cambridge CEO: We have to be ready for the opportunity the day interest rates stabilize

Persons: ULA, Antonio Neri Organizations: Vulcan, Royal Philips, Huntington Bancshares, San Francisco, Ivanhoe Cambridge

☆ The loneliness epidemic: Nearly 1 in 4 adults feel lonely, new survey finds
▼ + stars: | 2023-10-24 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

CNN —If you feel lonely, you’re actually in good company: Nearly 1 in 4 adults across the world have reported feeling very or fairly lonely, a new Meta-Gallup survey has found. The lowest rates were found in older adults. Only 17% of people age 65 and older reported feeling lonely. Over half of adults age 45 and older reported not feeling lonely at all, while the majority of those younger than 45 answered that they felt at least a little lonely, if not very or fairly lonely. But Rokach, who has studied the experience of loneliness, believes there may be even higher global rates of people who feel lonely than reported — particularly young adults.

Persons: you’re, ” Ellyn, —, Maese, Ami Rokach, Rokach, “, ” Young, ”, we’re, Olivia Remes, Remes, Gallup Organizations: CNN, Gallup, World Health Organization, Center for Academic Studies, York University, University of Cambridge Locations: Yehuda, Israel, Toronto, United Kingdom

☆ Big University Endowments Hampered by Startup Write-Downs
▼ + stars: | 2023-10-23 | by ( Juliet Chung | Eliot Brown | ) www.wsj.com time to read: 1 min

Yale University’s endowment gained 1.8% for the fiscal year ending June 30. Photo: Tim Tai for The Wall Street JournalThe hangover from the bursting of the startup bubble is weighing on big U.S. university endowments, with write-downs in their growth and venture-capital investments driving a second straight year of weak returns. The Massachusetts Institute of Technology reported a loss of 2.9% and Duke University, a loss of 1% for the fiscal year ending June 30, while endowments at Yale and Stanford gained 1.8% and 4.4%, respectively. The median return for endowments and foundations of more than $1 billion was 5.6%, according to a preliminary estimate from Cambridge Associates.

Persons: Tim Tai Organizations: Yale, Wall Street, Massachusetts Institute of Technology, Duke University, Stanford, Cambridge Associates

☆ Bank of Canada to leave rates on hold as economy stalls, analysts say
▼ + stars: | 2023-10-23 | by ( Steve Scherer | ) www.reuters.com time to read: +2 min

Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 23 (Reuters) - The Bank of Canada (BoC) will leave interest rates on hold on Wednesday as the economy stalls, analysts said, though many see the central bank warning that future hikes are still possible with inflation hovering well above its 2% target. Weak growth and a modest easing of inflation "should keep the Bank of Canada on hold," he said. Earlier this month, BoC Governor Tiff Macklem said the economy was not heading for a "serious recession". Macklem "will need to sound sufficiently hawkish to retain current market pricing, which more or less has the Bank of Canada holding rates steady until 2025."

Persons: Blair Gable, Karl Schamotta, Macklem, Royce Mendes, Steve Scherer, Jonathan Oatis Organizations: Bank of Canada, REUTERS, Rights OTTAWA, BoC, Cambridge Global Payments, Desjardins Group, of Canada, Thomson Locations: Ottawa , Ontario, Canada

☆ How options traders are setting up for the major tech earnings this week
▼ + stars: | 2023-10-23 | by ( Michael Khouw | ) www.cnbc.com time to read: +15 min

Big Tech earnings This week is less about reading between the lines/through results, and contextualizing management comments, but rather it's about the market itself. AI - AI - AI! The options market is implying an earnings related move of 4.7%. Our options market sentiment score for GOOG/GOOGL is 80th percentile - which one may think of like a score/grade, so a B- in terms of options sentiment. Call open interest is 15% higher than put open interest, our options market sentiment score is 83% so B/B- territory.

Persons: ChatGPT, Bing, it's, AMZN, Mark Zuckerberg's, Zuckerberg, one's Organizations: Cambridge, JPMorgan Chase, Citigroup, Bank of America, BlackRock, Goldman, Equity, Big Tech, Microsoft, Apple, Nvidia, Inc, Investors, YouTube, Amazon, Google, Gaming, Activision, Logistics, Federal Express, CNBC, ExxonMobil, Chevron, Visa, Mastercard, Merck, Co Locations: financials, Wells Fargo

☆ Cavendish bananas face extinction and not all experts agree on how to save it
▼ + stars: | 2023-10-22 | by ( Rupendra Brahambhatt | ) www.businessinsider.com time to read: +8 min

Cavendish, the most commonly available banana variety, is facing the risk of extinction. A fungal disease threatens to wipe Cavendish bananas off the face of the Earth. Why Cavendish bananas dominate the global marketThere are over 1,000 varieties of bananas, but about 47% that humans eat are Cavendish bananas (Musa acuminata). Fajri Ramadhan / 500px / Getty ImagesPanama disease is a serial banana killerWhat's happening to Cavendish bananas has happened before to another popular banana variety called Gros Michel. How scientists are trying to save the CavendishSome plant pathologists don't believe that the Cavendish banana will meet the same fate as Gros Michel.

Persons: Cavendish, —, Dan Koeppel, Fajri, Gros, Gros Michel, James Dale, Robert Nickelsberg, Dale, Koeppel, COZZI, Price Organizations: Service, Queensland University of Technology, TR4, Gros, University of Cambridge, Taiwan Banana Research Institute, Apple, Cavendish Locations: Cavendish, Musa, Panama, Darwin, Australia, Queensland, India, China, East, Africa, South America, QCAV, freezers

☆ Wall Street cues a lesson in Ivory Tower finance
▼ + stars: | 2023-10-20 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +5 min

NEW YORK, Oct 20 (Reuters Breakingviews) - Wall Streeters are trying to teach universities a lesson, but may provide them with a broader understanding of economics instead. The median family income for Harvard students is nearly $169,000, or about 2.5 times the U.S. average. Stockpiles of cash donated by Rowan, Ackman and other alumni also should theoretically make such institutions more accessible, but haven’t. Elite universities funnel many graduates to lucrative careers in finance and consulting, and studies have shown that social class often predetermines success. Ideally, Ivory Towers would price education closer to its actual value rather than what people are willing to pay.

Persons: Marc Rowan, Bill Ackman, Ackman, Rowan, Israel, grads, Liz Magill, Scott Bok, David Magerman, Estee Lauder, Ronald Lauder, Jon Huntsman, Larry Summers, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, University of Pennsylvania, Harvard, Rowan, Ivy League, Reuters Graphics Investment, Apollo Global Management, Ackman’s, Palestine, Literary, Renaissance Technologies, Pershing, Harvard University, Thomson Locations: Cambridge , Massachusetts, Wharton

☆ Beam Therapeutics to cut 20% of workforce as part of restructuring plan
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

Companies Beam Therapeutics Inc FollowOct 19 (Reuters) - Beam Therapeutics (BEAM.O) said on Thursday it will focus on developing its experimental sickle cell disease treatments and reduce about 20% of its current workforce, or 100 employees, as part of a restructuring plan. The gene-editing specialist expects to incur one-time expenses of about $6.6 million related to the workforce reduction, which it plans to complete in the fourth quarter. Its experimental sickle cell disease treatments include early-stage candidate BEAM-101, which activates fetal hemoglobin, the dominant form of hemoglobin present in the fetus during gestation. Beam will pause the development of its hepatitis B virus candidate, currently being evaluated in lab studies, and explore partnership opportunities for it. Reporting by Bhanvi Satija and Christy Santhosh in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: Beam, David Liu, Feng Zhang, J Keith Joung, Bhanvi Satija, Christy Santhosh, Shilpi Majumdar Organizations: Beam Therapeutics, U.S . Food, Drug Administration, Thomson Locations: Cambridge , Massachusetts, Bengaluru

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