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☆ Ahead of World Refugee Day, dozens of multinationals pledge to hire and train 250,000 refugees in Europe
▼ + stars: | 2023-06-19 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

New York CNN —Just ahead of World Refugee Day, 41 multinational companies on Monday publicly pledged to provide jobs, training and connections to work opportunities for more than 250,000 refugees in Europe. What different companies are doingAmong the companies that are making new pledges this week, many have already been hiring or training refugees in Europe over the past year. ISS, for instance, has already hired 500 refugees in Europe — a majority of them Ukrainian women — since March of last year. Others making hiring commitments include Adidas, Blackstone, BP, Hyatt, Ipsos, L’Oréal Group, Novartis, PepsiCo, Pfizer and The Kraft Heinz Company. The United Nations High Commissioner for Refugees estimates the number of refugees worldwide is now approaching 35 million people, with more than 12 million of them in Europe.

Persons: ”, Margot Slattery, Slattery, Margaritis Schinas, —, Catherine Shoichet Organizations: New, New York CNN, Accenture, Adecco, Cisco, Generali, Marriott International, Microsoft, Starbucks, Tent Partnership, Refugees, ISS, Union, European Commission, Hilton, Marriott, Adidas, Blackstone, BP, Hyatt, L’Oréal, Novartis, PepsiCo, Pfizer, The Kraft Heinz Company, Cisco’s, Tent, United Nations Locations: New York, Europe, Amazon, Hilton, Paris, Ukraine, Ipsos

☆ Evidence suggests the Ukrainian dam collapsed due to a controlled explosion set off inside the structure. An international investigative group says it's 'highly likely' Russian forces were behind the
▼ + stars: | 2023-06-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

A critical dam in southern Ukraine collapsed on the early morning of June 6, displacing thousands. Experts say the dam's collapse could only happen with a large explosion from within, per NYT. "If your objective is to destroy the dam itself, a large explosion would be required," Michael W. West, a geotechnical and geological engineer, told The Times. The Times reported that a US intelligence satellite also captured infrared heat signals in the area just before the dam fell apart. A senior US military official told the Times that Russian operatives were most likely behind the attack.

Persons: —, Michael W, Strelets Organizations: Service, The New York Times, Times, The Times, Mobile Justice Team, European Union, CNBC Locations: Ukraine, Russia, Russian, Kherson, Dnipro, Romania

☆ 'Highly likely' Russia behind Ukraine dam collapse, international experts say
▼ + stars: | 2023-06-16 | by ( Anthony Deutsch | ) www.reuters.com time to read: +3 min

AMSTERDAM, June 16 (Reuters) - It is "highly likely" that the collapse of the Kakhovka dam in southern Ukraine was caused by explosives planted by Russians, a team of legal experts assisting Ukraine's prosecutors in their investigation said in preliminary findings released on Friday. Russian President Vladimir Putin has accused Ukraine of destroying the Kakhovka dam as a Western-backed tactic to escalate the conflict. Ukraine is investigating the blast as a war crime and possible criminal environmental destruction, or "ecocide". "Even in the highly unlikely scenario the dam, or indeed the area nearby, posed a valid military objective commensurate with eviscerating the dam, it is still afforded an elevated protection under international humanitarian law," she said. The ICC, the world's permanent war crimes tribunal, is also investigating the attacks on Ukraine's infrastructure, which may violate international law.

Persons: Vladimir Putin, Yousuf Syed Khan, Khan, Catriona Murdoch, Anthony Deutsch, Philippa Fletcher Organizations: Global Rights, International Criminal, Reuters, ICC, Thomson Locations: AMSTERDAM, Ukraine, Soviet, Kherson

☆ Russian forces ‘highly likely’ behind attack on Ukrainian dam, international law investigation says
▼ + stars: | 2023-06-16 | by ( Amanda Macias | ) www.cnbc.com time to read: +2 min

Maxar satellite imagery BEFORE the damage to the Nova Kakhovka Dam in Ukraine. WASHINGTON — An international team of investigators said in a new report Thursday that it is "highly likely Russian forces deliberately destroyed" the Kakhovka dam in southern Ukraine. Murdoch, who was part of one of the first delegations to arrive at the site, added the attack on the dam may constitute a war crime. Both Russia and Ukraine have placed the blame squarely on each other for the explosion at the dam. The predawn attack on the Russian-held dam unleashed the worst ecological disaster in Ukraine's history since the 1986 meltdown of Chornobyl.

Persons: WASHINGTON —, Catriona Murdoch, Murdoch, Igor Klymenko, Yousuf Syed Khan, Khan Organizations: Technologies, WASHINGTON, Global Rights, Mobile Justice Team, U.S . State Department, European, Foreign, Commonwealth, Development Office Locations: Ukraine, Russia, Kherson, European Union

☆ Vodafone and Three merger faces scrutiny from competition regulators
▼ + stars: | 2023-06-15 | by ( Paul Sandle | ) www.reuters.com time to read: +5 min

The $19 billion tie-up will be scrutinised by Britain's Competition and Markets Authority, the antitrust regulator which made global headlines in April when it blocked Microsoft's $69 billion acquisition of "Call of Duty" maker Activision Blizzard. The long-awaited mobile deal reduces the number of networks from four to three, challenging a tenet long held by regulators that four help to keep prices low in major markets. "The government's desire to make the UK a 5G powerhouse requires a lot of investment," he said. One London-based investment banker, who declined to be named, said he put the chance of the deal receiving the green light from regulators at 50%. A major telecoms investor said the deal could be approved, but only with strong remedies, and that could risk undermining its rationale.

Persons: CK Hutchison, Activision Blizzard, Hutchison, Paolo Pescatore, Peter Broadhurst, Moring, James Gray, Sarah Cardell, Robert Finnegan, Gray, Paul Sandle, Amy, Jo Crowley, Sinead Cruise, Kate Holton, Emelia Organizations: Microsoft, Activision, Hutchison, O2, Vodafone, CK, HK, Britain's Competition, Markets Authority, Ofcom, European Commission, Foresight, Hutchison's, UK plc, Victoria, Crowell, CMA, Reuters, National Security and Investment, Britain's, Tesco Mobile, Telefonica, Thomson Locations: Hong Kong, Britain, Europe, China, London, Germany

☆ Kherson's unending nightmare: Occupation, shelling and floods
▼ + stars: | 2023-06-11 | by ( Max Hunder | ) www.reuters.com time to read: +6 min

Maybe it's the same with tragedy," said 52-year-old Radetska, who is deputy head of a school in the southern Ukrainian city. Pupils include 31 on the Russian-held east bank that was particularly badly hit by the floods, including the town of Oleshky. The past week's events have been a fresh tragedy for Radetska and Remyha, who both recounted threats, imprisonment and torture during Russia's occupation. He said the hospital's staff took risks to give illicit assistance to local Ukrainian soldiers left in the city after the occupation. Russia's FSB did not immediately respond when asked to comment on to the allegations made by Remyha and Radetska.

Persons: Iryna Radetska, Leonid Remyha, Remyha, Remya, Radetska, hasn't, that's, Max Hunder, Mike Collett, White, Frances Kerry Organizations: Russian, Reuters, Thomson Locations: Kherson, Moscow, KHERSON, Ukraine, Ukrainian, Russia, Dnipro, Kyiv, Oleshky, Radetska, LIBERATION, Kherson region, Russian

Bank of America Customized Cash Rewards Credit Card for Students Review: Is It the Best Credit Card for You? If your credit falls short, consider other options like a secured credit card or a starter credit card that gives you a better shot at approval. Bank of America Customized Cash for Students RewardsStudent and no-fee credit cards don't always come with welcome bonuses or earn rewards for ongoing spending, but the Customized Cash Rewards Credit Card for Students offers both. Bank of America Customized Cash Rewards for Students Benefits and FeaturesThe Customized Cash Rewards Credit Card for Students doesn't come with luxury benefits like airline and hotel status or expedited airport security. Methodology: How We Reviewed the Bank of America Customized Cash Rewards for StudentsWe compared the Bank of America® Customized Cash Rewards Credit Card for Students to similar student and 0% APR credit cards from Bank of America and other card issuers, and evaluated several factors, including:Rewards earning potential — Does the card earn rewards at competitive rates?

Persons: don’t, you'd, cardholders, Merrill, You'll, you've, doesn't, you'll, Peter Rothbart, he's, Peter, Read, Angela Fung Organizations: Bank of America, of America, Bank of America's, Mobile Banking, Reading Chevron, Students, Amazon, Target, Walmart, Costco, Sam's, Merrill, Credit Cards Bank of America, Students Bank of America, Student, Banks Bank of America, Capital, Uber, Capital One Entertainment, Wholesale, Finance Locations: Capital, Seattle , Washington, Vegas, Pacific

Review: Is Discover it® Balance Transfer the Best Credit Card for You? Discover it Balance Transfer Card RewardsThe card offers a generous cash-back rewards structure. With the 0% intro APR on balance transfers, there's an intro balance transfer fee of 3% of the amount of each transfer that post to your account by September 10, 2023. Yes, the Discover It Balance Transfer Credit Card allows balance transfers. Yes, the Discover It Balance Transfer Credit Card has an an intro balance transfer fee of 3% of the amount of each transfer.

Persons: you've, you’ve, Cardholders, It's, cardholders, you'll Organizations: Discover, Reading Chevron, Wholesale, PayPal, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World Wildlife Fund, JCB, U.S, Bank Locations: Japan, skylines

☆ Here are Tuesday's biggest analyst calls of the day: Tesla, Apple, FedEx, Adobe, AT&T, Coinbase and more
▼ + stars: | 2023-06-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America upgrades McCormick to buy from underperform Bank of America said it sees an improved cost outlook for McCormick. "Our prior Underperform rating was predicated on negative revision risk to revenues and margins. Bank of America upgrades Molson Coors to neutral from underperform Bank of America said Molson is poised for share gains after the Bud controversy. Bank of America upgrades Cigna to buy from neutral Bank of America said it sees an attractive risk/reward outlook for the stock. Piper Sandler reiterates Tesla as overweight Piper said Tesla shares aren't cheap but is standing by its overweight rating.

Persons: D.A, Davidson, Goldman Sachs, it's, We're, McCormick, Molson, Bud, MoffettNathanson, JPMorgan Chase downgrades Cabot, JPMorgan Chase, Cabot, Morgan Stanley, AMCX, Piper Sandler, Tesla, Piper, Mizuho, Coinbase, … Organizations: . Deutsche Bank, Shell Deutsche Bank, Shell, Apple, Holdings, Bank of America, underperform Bank of America, Molson Coors, Bud Light, Barclays, Adobe, " Bank of America, of America, JPMorgan, FedEx, UPS, RBC, AMC Networks, UW, U.S . Securities, Exchange, SEC, Binance Locations: Washington, Americas, China

☆ Gmail is using AI to make searching for emails and attachments on your phone faster and easier
▼ + stars: | 2023-06-03 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +2 min

The company said Friday it will be introduced to all mobile users in the coming weeks. Searches in Gmail are set to become more accurate as Google rolls out a new AI-related feature for smartphone users. Alphabet said in a Friday blog post that mobile Gmail users will soon see a "top results" section when searching for old messages or attachments in their Gmail app. In its blog post Google said the feature was "highly requested", and said it will be rolling out to all Gmail mobile users over the next two weeks. The post only mentions the mobile version of Gmail, so it's unclear whether the "top results" feature will be added to the browser-based version.

Persons: Bard Organizations: Google, Morning, Gmail

Your credit score is only one of several factors that determine whether your credit card application will be approved. Credit Card for Excellent Credit Frequently Asked QuestionsWhat is the best credit card for excellent credit? Can I qualify for a credit card without excellent credit? You can absolutely qualify for a credit card without having excellent credit. Compare the Best Credit Cards for Excellent Credit Capital One Venture X Rewards Credit CardChase Sapphire Preferred® CardBank of America® Premium Rewards® credit cardDiscover it® Miles Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options.

Persons: Read, We're, Uber, Peacock, Uber Cash, Merrill, Miles you've, Miles, There's, gofree Wyndham, you'll, You'll, It's, Chase, Cardholders, cardholders, you've, Wyndham Organizations: Excellent Credit, Capital, One, Chevron, American Express, American, Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, Credit, TSA, Global, Saks Fifth, Reading Chevron, Target, Chase, Bank of America, Bank of America's, of America, Bank of America Travel Center, Wyndham, Business, Venture, Resorts, Saks Fifth Avenue, The Bank of America, Rewards, Barclays, Wyndham Rewards, Diamond, Vacasa Locations: Hulu, Wells, Wyndham

☆ Telecom stocks fall on report Amazon considers launching mobile service for Prime members
▼ + stars: | 2023-06-02 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon is in talks with several wireless carriers about launching a mobile service for Prime members, according to a report from Bloomberg. The e-retailer is negotiating with Verizon, T-Mobile and Dish about the possibility of reselling their mobile services to its Prime members at low cost or potentially free, Bloomberg reported. Launched in 2005, Amazon Prime members pay $139 a year for access to free two-day shipping, access to exclusive movies and TV shows, as well as newer benefits like generic prescription discounts and Grubhub delivery perks. By partnering up with a company like Verizon or Dish, Amazon would essentially function as a mobile virtual network operator. Instead of owning its own wireless network, the company would purchase data from a large carrier and resell it to consumers.

Persons: Bradley Mattinger Organizations: Bloomberg, Verizon, Mobile, Dish, Amazon, CNBC, Walmart

May 29 (Reuters) - SoftBank Group Corp (9984.T) owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc (2454.TW) said it will be using it for its next-generation product. In Arm's blog announcing the new products, MediaTek said the new chips will help improve the performance of its next-generation smartphones. "Investors have become extremely sensitive to any news about AI or chip technology and jumped on this Arm news," said Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS Asset Management. Last month the Financial Times reported that Arm was developing its own chip to showcase the capabilities of its designs. Arm said the Cortex-X4 was taped out on TSMC's N3E process and said it was an industry first.

May 29 (Reuters) - Arm Ltd on Monday rolled out new chip technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc (2454.TW) said it will be using it for its next-generation product. In Arm's blog announcing the new products, MediaTek said the new chips will help improve the performance of its next-generation smartphones. "Arm is not in the business of selling chips. Last month the Financial Times reported that Arm was developing its own chip to showcase the capabilities of its designs. Arm said the Cortex-X4 was taped out on TSMC's N3E process and said it was an industry first.

☆ Investing in AI: how to avoid the hype
▼ + stars: | 2023-05-26 | by ( Naomi Rovnick | ) www.reuters.com time to read: +5 min

SummarySummary Companies AI boom brings fresh challenge for investorsAI-themed stocks highly valuedStick with big tech not AI stocks - investorsLONDON, May 26(Reuters) - Experienced tech investors are hunting for undervalued opportunities in an over-valued space. Investors are chasing exposure to generative AI, the technology run by ChatGPT that learns from analysing vast datasets to generate text, images and computer code. Businesses are trying to use generative AI to speed up video editing, recruitment and even legal work. GAM's Hawtin said he has also hunted out companies that provide the "picks and shovels," necessary for enabling new AI technology. Amazon's Bedrock service, for example, lets companies customise generative AI models rather than invest in developing them themselves.

Our list of the best student credit cards features two Discover credit cards: the Discover it® Student Cash Back and the Discover it® Student chrome. Compare Discover it Student Cash Back and Student Chrome Discover it® Student Cash BackDiscover it® Student chrome Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read our review Read Our Review A looong arrow, pointing rightNeither the Discover it® Student Cash Back nor Discover it® Student chrome offer a conventional welcome bonus. In case it's not clear at first glance, the rewards structure offered by the Discover it® Student Cash Back is almost universally preferable to that offered by Discover it® Student chrome. Given the similarities between the Discover it® Student chrome and Discover it® Student Cash Back, a comparison of the two boils down to their different rewards structures, and on that count, the Discover it® Student Cash Back is unequivocally superior.

☆ Apple's nascent ad business faces more competition than ever, and it's set to launch a major charm offensive to get big advertisers to buy in
▼ + stars: | 2023-05-25 | by ( Lara O'Reilly | Claire Atkinson | ) www.businessinsider.com time to read: +4 min

Apple usually plays it so low-key at big industry events, you wouldn't even know the company had attended. It has rented a space at the top of the iconic Carlton hotel, situated on the busy Croisette promenade, according to multiple advertising industry sources. It's also planning a week of programming, with panel topics expected to include sports on Apple TV+, Apple News, apps, and the broadening Apple advertising offering, those sources said. All of which were "not necessarily a strong-point with Apple advertising in the past," Auzins said. Today, Apple's ad business largely consists of search ads sold within the App Store, which Insider Intelligence forecasts will generate $8.7 billion this year.

☆ Old trailer parks are being torn down, driving up homelessness as one of the last options for low-income renters fades away
▼ + stars: | 2023-05-21 | by ( Anita Snow | Associated Press | ) www.businessinsider.com time to read: +8 min

Residents of mobile home parks in Arizona are being asked to leave, so student housing can be built. Mobile homes, not always mobile, are hard to repair so they're being razed. "We are in the deepest affordable housing crisis we've ever experienced," said Joanna Carr, acting head of the Arizona Housing Coalition. Efforts under way to revitalize old mobile homes have limits. Many park residents are Spanish-speaking immigrants earning minimum wage as landscapers or restaurant workers.

☆ Why Montana’s TikTok ban may not work
▼ + stars: | 2023-05-19 | by ( Brian Fung | ) edition.cnn.com time to read: +7 min

The TikTok ban immediately prompted one lawsuit from TikTok users who allege it violates their First Amendment rights, with more legal challenges expected. How can a state ban TikTok? Montana’s new law, SB419, makes it illegal for TikTok and app marketplaces to offer the TikTok service within state lines. How can Montana enforce a TikTok ban? But internet providers are not named as a type of entity subject to the TikTok ban.

☆ Oscar Mayer says goodbye to the historic Weinermobile. Next up: the Frankmobile.
▼ + stars: | 2023-05-18 | by ( Will Gendron | ) www.businessinsider.com time to read: +4 min

This week Oscar Mayer renamed its Weinermobile. "This month, we are introducing a tasty new recipe with a more balanced flavor profile and iconic beefy taste that is more flavorful than ever," an Oscar Mayer spokesperson told Insider. The original model was 13 feet long and was designed by the General Body Company of Chicago, Oscar Mayer says. A view of the Oscar Mayer Wienermobile 75th anniversary at West 75th street in Manhattan. Photo by Rob Kim/Getty ImagesIn its current state, the Oscar Mayer initiative offers jobs to new college graduates to drive around the country and promote the brand.

☆ Here are Wednesday's biggest analyst calls: Tesla, Wynn, Walmart, Alphabet, Western Alliance & more
▼ + stars: | 2023-05-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Bernstein reiterates Tesla as underperform Bernstein said after the automaker's shareholder meeting that it sees trouble ahead. Bank of America upgrades AppLovin to buy from neutral Bank of America said it sees accelerating revenue growth for the mobile tech company. Stephens reiterates Walmart as overweight Stephens said it's standing by its overweight rating heading into Walmart earnings Thursday. Bank of America reiterates ServiceNow as buy Bank of America said the software company is well positioned for AI. " Stephens reiterates Western Alliance as overweight Stephens said it's standing by its overweight rating on the regional bank.

“If you can understand the role, the protein structure and role, now you can start developing drugs around that,” Maniar said. Scientists can take around 12 months just to identify a biological target, according to the National Center for Biotechnology Information. Google Cloud’s suite has a three-pronged approach for making that process more efficient. The final component of Google Cloud’s suite helps researchers identify how the protein’s structure interacts with different molecules. But Renger said the company will be able to weed out molecules faster using Google Cloud's suite.

Which type of homeowners insurance you need depends in part on the risks to your home. Southwestern Insurance Group founder David Stuart says that homeowner's insurance can provide financial protection to homeowners against unexpected losses or damages to their home and personal property. But since there are several different homeowner's insurance policies a person can choose from, making the decision of which one is right for you might feel overwhelming or confusing. There are eight different types of homeowners insurance plans — here are four ways to decide which one is right for you. Conlin shares that the HO-6 policy usually complements the homeowner's association master insurance policy, which covers the exterior of the property and shared property.

☆ Google just showed how Big Tech will win again in AI
▼ + stars: | 2023-05-12 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

OpenAI and other AI startups will struggle to match this reach, unless they team up with other tech giants, like Microsoft. After Google I/O this week, it's looking like AI will be another 80/20 situation where a few Big Tech companies benefit the most. Some examples:In Google Docs, ask Google's AI model to help you write a job description. For a Google Slides presentation with photos, you can ask the company's AI model to create speaker notes based on the images. Insider ran into a high-level Google product manager at the conference who'd just watched a developer presentation.

☆ The Metaverse, Zuckerber's Tech Obession, Is Officially Dead. ChatGPT Killed It.
▼ + stars: | 2023-05-08 | by ( Ed Zitron | ) www.businessinsider.com time to read: +11 min

The Metaverse, the once-buzzy technology that promised to allow users to hang out awkwardly in a disorientating video-game-like world, has died after being abandoned by the business world. After a much-heralded debut, the Metaverse became the obsession of the tech world and a quick hack to win over Wall Street investors. Once the tech industry turned to a new, more promising trend — generative AI — the fate of the Metaverse was sealed. But the short life and ignominious death of the Metaverse offers a glaring indictment of the tech industry that birthed it. Roblox, an online game platform that has existed since 2004, rode the Metaverse hype wave to an initial public offering and a $41 billion valuation.

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