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☆ Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company
▼ + stars: | 2024-10-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Elon Musk has a big task this week: convincing investors that Tesla is more than just a car company. It may do so once again as Elon Musk prepares to use the studio lot to tell another story: that Tesla is more than just a car company. The long-awaited event — originally scheduled for August — is meant to give weight to the electric vehicle maker's pitch that it is a tech company first and a car company second. Meanwhile, in July, Wedbush analyst Dan Ives claimed the "Tesla AI story could be worth $1 trillion-plus and is the most undervalued AI name." Michael Macor/The San Francisco Chronicle via Getty ImagesHowever, what's critical to note is the timing for Tesla's robotaxi push.

Persons: Elon Musk, Tesla, Tesla's, —, Musk, Sam Altman, Andrej Karpathy, Dan Ives, Michael Macor, Caspar Rawles, Rawles, Donald Trump, Elon, Ross Gerber, Gerber, Uber, it's, Cruise, Paul Miller, Forrester Organizations: Service, Warner Bros, Elon, Robotaxi, EV, San Francisco, Getty, Elon Inc, Benchmark Mineral Intelligence, Twitter, Gerber Kawasaki Wealth, Investment Management, Baidu, GM Locations: Burbank, California, Tesla's, Palo Alto, Elonville, Chinese, China, Wuhan

☆ Sen. Elizabeth Warren and Rep. Madeleine Dean demand food and beverage CEOs put a stop to 'shrinkflation'
▼ + stars: | 2024-10-07 | by ( Elizabeth Chuck | ) www.cnbc.com time to read: +7 min

In pointed letters, Sen. Elizabeth Warren of Massachusetts and Rep. Madeleine Dean of Pennsylvania accused General Mills, Coca-Cola and PepsiCo of engaging in a "pattern of profiteering" through shrinkflation and by "dodging taxes." The same with PepsiCo, which "replaced its 32 oz Gatorade bottle with a 28 oz bottle for the same price." Spokespeople for General Mills, Coca-Cola and PepsiCo did not immediately respond to requests for comment. President Joe Biden has mentioned shrinkflation numerous times, declaring it a "rip-off" in a video he posted to X. Sarah Gallo, senior vice president of federal affairs at Consumer Brands Association, a trade group that Coca-Cola, PepsiCo and General Mills all belong to, defended industry practices to NBC News.

Persons: Sen, Elizabeth Warren of, Madeleine Dean of, Mills, General Mills, Jeff Harmening, James Quincey, Ramon Laguarta, Spokespeople, Warren, Dean, Joe Biden, Nailya Ordabayeva, Ordabayeva, shrinkflation, Doritos, Sarah Gallo Organizations: Democratic, Elizabeth Warren of Massachusetts, Cola, PepsiCo, NBC, North, Retail, CNBC, Gatorade, Republican, Taxation, Economic, NBC News, Boston University Questrom School of Business, Consumer Brands Association, General, Federal Reserve Bank of San Locations: Federal Reserve Bank of San Francisco

☆ Meet Jeff Smith, the hedge-fund investor taking on Pfizer
▼ + stars: | 2024-10-07 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Starboard Value has taken a $1 billion stake in drugmaker Pfizer. The hedge fund, headed by Jeff Smith, has become one of the most feared activist investors. AdvertisementPharmaceuticals giant Pfizer got a wake up call Sunday evening when one of Wall Street's most feared activist investors revealed a stake in the company. AdvertisementPfizer, with a market cap north of $160 billion, is among the largest companies Starboard's Smith has ever targeted. With less than a 10% stake Smith replaced the entire 12-person board and assumed the role of chairman.

Persons: Jeff Smith, —, Smith, Starboard's Smith, Ian Read, Frank D'Amelio, Ken Squire, Paul Singer, Elliott, Carl Icahn, Dan Loeb, Peter Feld, Olive Garden's, Marc Benioff, Brontë Wittpenn, Brontë, Squire, they're, Albert Bourla, Bourla, wagered Organizations: Pfizer, Service, Pharmaceuticals, 13D, Investor, Lazard, Elliott Management, Icahn Enterprises, Cowen Group, AOL, Darden Restaurants, Olive Garden, Longhorn, Darden, Wall, San Francisco, Getty, Smithfield Foods, Bristol, Myers Squibb, Celgene, Autodesk, Starbucks Locations: Olive Garden, Fortune, America, Olive, Washington

☆ Mexican mayor killed less than a week after taking office
▼ + stars: | 2024-10-07 | by ( Abel Alvarado | ) edition.cnn.com time to read: +2 min

CNN —The mayor of a crime-ridden city in Mexico has been killed less than a week after taking office, the latest in a string of violent attacks targeting politicians in the country. However, the violence facing Mexican politicians stretches far beyond Guerrero, as was demonstrated by the historic June 2 election that took Sheinbaum to power. With 20,000 electoral positions up for grabs, the scale of bloodshed committed by those attempting to influence the vote was unprecedented. Just hours after Sheinbaum’s election, the woman mayor of a town in western Mexico was shot dead. It says that criminal gangs often finance campaigns during election season, intimidating candidates and violently intervening to compel politicians to cooperate with them.

Persons: Alejandro Arcos, Francisco Tapia, Mexico’s, Claudia Sheinbaum, ” Sheinbaum, Chilpancingo, Oscar Ramirez, Evelyn Salgado, ” Salgado Organizations: CNN, Reuters, Integralia Locations: Mexico, Chilpancingo, Guerrero, Acapulco

Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.

Persons: —, Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park

☆ 2024 NFL Week 5: The best of Sunday’s games and the standout storylines
▼ + stars: | 2024-10-06 | by ( Coy Wire | Adam Renuart | ) edition.cnn.com time to read: +23 min

CNN —Football gets an early start Sunday as the NFL kicks off its yearly international tour with the NFL London Games. With a full slate of football from morning to night, here are the three games you don’t want to miss. New York Jets (2-2) @ Minnesota Vikings (4-0) - 9:30 a.m. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Full Sunday scheduleAway vs. homeNew York Jets (2-2) @ Minnesota Vikings (4-0) – 9:30 a.m.

Persons: Phoebe Schecter, Rob Boras, Sam Darnold, JJ McCarthy, Darnold, –, ” Darnold, “, ” CNN’s Coy Wire, who’s, he’s, He’s, Brock Purdy, Patrick Mahomes, Josh Allen, Allen, Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Rogers, ”, Derrick Henry, resiliency, We’re, Wire, Taylor Rapp, C.J ., Stefon Diggs, Diggs, Troy Taormina, Rasheed Wallace’s, Fields, Tomlin, Russell Wilson, Wilson, Caleb Williams, Micah Parsons, DeMarcus Lawrence, Parsons, James D, Smith, Lawrence, ” Parsons, Mike McCarthy’s Organizations: CNN — Football, NFL, NFL London Games, New York Jets, Minnesota Vikings, Tottenham Hotspur, Sky Sports, Bills, Vikings, ESPN, Jets, “, Buffalo Bills, Atlanta Falcons, ” Minnesota Vikings, AP Buffalo Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, New, Denver, Ravens, Buffalo, AFC, C.J, Ohio State, GQ, Pittsburgh Steelers, Pittsburgh, Dallas, The Cowboys, Carolina Panthers, Miami Dolphins, Washington, Vegas Raiders, Denver Broncos, Seattle Seahawks Locations: London, Buffalo, Minnesota, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, New England, New York, C.J . Stroud

☆ Issa Rae Reveals Skills That Made Her Profitable, Red Flag in Business
▼ + stars: | 2024-10-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +9 min

"Insecure"/HBO"I'm a coffee shop girl," the LA native told Business Insider in September during New York Fashion Week. I'm braving myself for the day," Rae continued. "A red flag is just the sensitivity; you can always tell when people aren't being honest with you." Advertisement"The first day will always be spent procrastinating or finding things wrong and reasons I can't start, and I need to allow for that day," Rae added. "So, I recognize the perfect amount of time is three days, and by that third day, I'm off."

Persons: Issa Rae's, Issa Dee, It's, millennials, Rae, Justin Bieber, Chloe, Halle, Issa Rae, Rae friended, Barbie, Max, Gallo, Hannah Diop, I'm, I've, Deniese, that's, Deniese Davis, Davis, Rae's, She's, Talitha Watkins, she's, Z, it's Organizations: LA, Business, New York, YouTube, Facebook, Atlanta Records, WarnerMedia, Sienna Naturals Locations: Inglewood, Los Angeles, The, SoHo, New, Hilltop, California, San Francisco, LA, Miami

☆ Fact check: Six days of Trump lies about the Hurricane Helene response
▼ + stars: | 2024-10-06 | by ( Daniel Dale | ) edition.cnn.com time to read: +10 min

Washington CNN —Former President Donald Trump has delivered a barrage of lies and distortions about the federal response to Hurricane Helene. Over a span of six days, in public comments and social media posts, Trump has used his powerful megaphone to endorse or invent false or unsubstantiated claims. Monday: Trump falsely claims Biden hasn’t answered calls from Georgia’s governorDuring a visit to Georgia on Monday, Trump said of Georgia Gov. Brian Kemp: “He’s been calling the president, hasn’t been able to get him.”It was immediately clear that Trump’s claim was false. He added, “Think of it: We give foreign countries hundreds of billions of dollars and we’re handing North Carolina $750.”Trump’s claim is wrong.

Persons: Donald Trump, Hurricane Helene, Trump, Kamala Harris, Joe Biden, Biden hasn’t, Brian Kemp, “ He’s, hasn’t, Kemp, Biden, ‘, we’ve, “, ” Trump, Roy Cooper, Harris, Harris “, Henry McMaster, Pete Buttigieg, McMaster, Deanne Criswell, “ Kamala, —, they’re, They’ve, ”, Harris ’, ” It’s, Buttigieg, “ Kamala wined, Helene, Becca Gallas Organizations: Washington CNN, Republican, Georgia Gov, Biden, Federal Government, Democrat, State, North Carolina Gov, Democratic, Republican South Carolina Gov, Transportation, FEMA, US Customs, Department of Homeland Security, White, Congress, North Carolina, North Carolina Trump, North Carolina National Guard, Washington Post, National Guard, CNN, North, North Carolina’s Division of Aviation Locations: Georgia, Atlanta, North Carolina, Carolina, Asheville, Michigan, Pennsylvania, Hurricane, California, San Francisco, North Carolina’s

In September, the Harris campaign’s spending on ads about crime plummeted to just $28,000, less than 1% of its monthly broadcast TV ad spending. In August, the Harris campaign spent $7.8 million on broadcast TV ads about abortion, about 15% of its total spending that month. Economic themes also dominated Harris campaign advertising throughout August and September. In August, the Trump campaign spent about $15.5 million on broadcast TV ads about immigration, or about 41% of its monthly broadcast TV outlays. In September, that total fell dramatically to just $10,500, less than 1% of the Trump campaign’s total broadcast TV spending.

Persons: Kamala Harris, Donald Trump, Harris, Harris ’, Joe Biden, Roe, Wade, Trump, –, Biden Organizations: CNN, White, Trump, Democratic, San, Republican, Keystone State, Michigan, Georgia, Republicans Locations: California, San Francisco, Housing, Pennsylvania, Michigan, Georgia , Wisconsin , Arizona, North Carolina, Nevada, Keystone, Peach, Georgia, Wisconsin, Arizona, Nebraska

5 uniform to the first-round pick last May, is one of the best in the NFL at his position. Until the lone punt in Week 4, they had 16 consecutive scoring drives (excluding kneel-down situations). Nobody needs to punt if the offense continually marches down the field. Way said he’s constantly thinking on the sideline about when he’s checking in, what the wind velocity is and what specifically to aim for. It was a decent punt that our guys went down and made a great tackle.

Persons: Jayden Daniels, Tress, he’s, ”, “, Daniels, Kliff, it’s, It’s, haven’t, Dan Snyder, Josh Harris, Adam Peters, Dan Quinn, Terry McLaughlin, I’m Organizations: Washington, NFL, NBC News, NFC, Cardinals, New England Patriots, Denver Broncos, San Francisco 49ers, Atlanta Falcons, Dallas Cowboys, Arizona Locations: Washington

That opportunistic vocalist was named Otis Redding, who received a star on the Hollywood Walk of Fame on Friday. Jimmy Jam, a music producer and the master of ceremonies for the unveiling of the star, lauded Redding as legendary. Santiago started off by thanking Zelma Redding, Otis Redding's wife, who attended the ceremony. But this means the world, that here we are, traveling all the way to the West Coast for this honor that will live on forever as the legacy of Otis Redding does," Redding-Andrews said. “I am not a blues singer or an R&B singer,” Redding once said.

Persons: Johnny Jenkins, Jenkins, Otis Redding, Jimmy Jam, Redding, Jam, Michael Santiago, Mike, Santiago, Zelma Redding, Otis Redding's, Martin, Coretta, Malcolm, Betty, Otis, Coretta Scott King, Betty Shabazz, Martin Luther King Jr, Malcolm X, Karla Redding, Redding's, “, ‘, ’ ”, Andrews, ”, Rolling, Little Richard’s, Carla Thomas, Phil Walden, Bob Dylan, Janis Joplin, “ Otis Redding, Bill Graham, ” Redding Organizations: Stax Records, Stax, Hollywood, Rolling Stone, Memphis DJ, Fillmore, Monterey Pop Festival Locations: Memphis, Andrews, West, Macon , Georgia, Georgia, San Francisco, Los Angeles, Sausalito, Madison, Wis, Monterey

"They're trying to keep her away," Steve Shurtleff, a former Democratic speaker of the New Hampshire House of Representatives, said of the Harris campaign. Harris’ campaign has acted as if she’s sitting on a lead, even though she has failed to separate from her opponent, former President Donald Trump, others said. That may look different in today’s evolving media environment than prior campaigns, but coupled with campaign events, aggressive organizing and a historic paid media campaign, it’s a winning approach." “They are very cautious,” a person involved in Harris’ race said of her campaign. Harris' campaign has also made overtures to voters in unconventional forums like the gaming site IGN.

Persons: WASHINGTON, Kamala Harris, Harris, Steve Shurtleff, ”, “, ” Harris, Tim Walz, Hurricane Helene, —, Harris ’, she’s, Donald Trump, Chris Kofinis, Walz, “ It’s, you’re, You’ve, Kevin Munoz, it’s, Joe Biden’s, Biden, ” Younger, Sarah Longwell, Longwell, George W, “ She’s, that’s, Trump, Matt Barnes, Stephen Jackson, Jack Smith, Michael LaRosa, Jill Biden, JD, Vance Organizations: Democratic, New, CBS News, Minnesota Gov, NBC, Biden, Trump, Republican, Against Trump, NBA, IGN, NBC News Locations: New Hampshire, United States, Hurricane, Pennsylvania, Gaza, San Francisco

☆ Mets advance in playoffs with 4-2 win over Brewers after 9th-inning rally
▼ + stars: | 2024-10-04 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

MILWAUKEE — Pete Alonso hit a go-ahead, three-run homer off closer Devin Williams in the ninth inning and the New York Mets beat the Milwaukee Brewers 4-2 on Thursday night to win their NL Wild Card Series. With their latest thrilling comeback in the decisive Game 3 against Milwaukee, the Mets advanced in the playoffs for the first time since winning the 2015 National League pennant. New York went 6-7 against the Phillies during the regular season and finished six games behind them in the division standings. The Mets were 22-33 in late May but played as well as anyone in baseball the rest of the regular season. David Peterson, making his first relief appearance of the season, worked the ninth to pick up his first major league save.

Persons: Pete Alonso, Devin Williams, haven’t, Jake Bauers, Sal Frelick, Buttó, Tobias Myers, Williams, Francisco Lindor, Mark Vientos, Brandon Nimmo, Alonso, hadn’t, Jesse Winker, Starling, Brewer, Frelick, Joey Ortiz, Brice Turang, Edwin Díaz, David Peterson, Myers, Jose Quintana, Quintana Organizations: MILWAUKEE, New York Mets, Milwaukee Brewers, NL, Milwaukee, Mets, National, NL East, Phillies, Brewers, Milwaukee’s, Atlanta Locations: Philadelphia, New York, Milwaukee, New

☆ I spent a total of 10 weeks quiet vacationing all over the world without my boss finding out. Here's how I did it.
▼ + stars: | 2024-10-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

He says that quiet vacationing made him more productive at work because he was so happy. Over the course of 15 months, I spent a total of 10 weeks quiet vacationing from my fully remote job. I think quiet vacationing may be good for productivity; I was genuinely so happy while traveling the world, and it translated into my productivity at work. On some quiet vacationing days, I had to work a little later to get things across the line, but I became very efficient. A quiet vacation day in Europe might look something like this: Wake up around 8 or 9 a.m. and eat breakfast at the hotel.

Persons: Oluwole, —, Tobi Oluwole, Lyon —, didn't, would've, I'd, Slack, We've, Tobi, Jane Zhang Organizations: Service, Big Tech, Camp, Oluwole, Barcelona football, Houston, Toronto, Montreal, London, Toronto Raptors, LinkedIn Locations: France, —, Lagos, Nigeria, Brussels, Atlanta , Georgia, Tennessee, Toronto, Ottawa, Lisbon, Barcelona, Cancun, Atlanta, Francisco, Rome, Amalfi, Paris, Los Angeles, Vancouver, London, Punta Cana, Dominican Republic, Mexico, Canada, Europe, Portugal

☆ Pete Alonso’s dramatic ninth-inning home run sees New York Mets down Milwaukee Brewers and advance to NLDS
▼ + stars: | 2024-10-04 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Pete Alonso hammered a historic, go-ahead, three-run home run in the ninth inning to power the New York Mets to a 4-2 victory over the Milwaukee Brewers in their winner-take-all Game 3 of the NL Wild Card Series. With free agency looming, it could have been the final act of his Mets career – but the possible last dance continues. Benny Sieu/USA Today Sports/ReutersAfter the Mets came from behind to win 8-4 in Game 1, the Brewers leveled the series with a 5-3 victory Wednesday. The stunning victory over the Brewers marks the first time that the team has advanced in the postseason since 2015. “There was no way this season was going to end without something happening in that ninth inning,” he added.

Persons: Pete Alonso, “ I’m, ” Alonso, “, Devin Williams, –, Alonso, I’m, that’s, you’ve, Benny Sieu, Jake Bauers, Sal Frelick, Williams, ”, Francisco Lindor, David Stearns, it’s Organizations: CNN, New York Mets, Milwaukee Brewers, NL, Mets, NL East, Philadelphia Phillies, National League Divisional, “, ” Mets, USA, Sports, Reuters, Brewers, Milwaukee, Atlanta Braves Locations: Milwaukee, York

☆ Middle-class wages aren't keeping up. Some economists say policy is suppressing pay growth
▼ + stars: | 2024-10-04 | by ( Juhohn Lee | ) www.cnbc.com time to read: +1 min

Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4%, according to research by the Economic Policy Institute. But more recently, some economists have suggested that deliberate policy decisions have actively suppressed workers' wage growth. According to the Federal Reserve Bank of San Francisco, the natural rate of unemployment has hovered between 4.5% and 5.5% throughout history. But since 1979, the U.S. has spent far more time with actual unemployment well above that estimated natural rate. Watch the video above to find out how middle-class wages are being suppressed.

Persons: Josh Bivens Organizations: Economic, Institute, Federal Reserve Bank of San Locations: U.S, Federal Reserve Bank of San Francisco

☆ Jim Cramer tells investors to put this chipmaker and this bank on their buy lists
▼ + stars: | 2024-10-04 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer calls September's nonfarm payroll growth a "no landing" number, meaning we don't have to waste energy debating a hard economic landing versus a soft landing. AMD stock is starting to reflect that, he added, but it hasn't had nearly the gains of rival Club stock Nvidia this year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, September's, Jim, Lisa Su, hasn't, Morgan Stanley, Wells, It's, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Club, AMD, Nvidia, Bank, Fed Locations: U.S, Israel, San Francisco, Wells Fargo

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

☆ A girl murdered in 2006 was just revived as an AI chatbot — and her family had no idea
▼ + stars: | 2024-10-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +9 min

Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai. It had been 18 years since Jennifer Ann, a high school senior and Crecente's only child, was murdered by her ex-boyfriend in Austin. Grieving, Crecente had started a nonprofit in her name, working since 2006 to raise awareness for teenage dating violence. Drew CrecenteThe website also listed Jennifer Ann as an "expert in journalism" with expertise in video game news. "This is not quite impersonation in the sense that it seems transparent that it is an AI model," Conitzer said of the chatbot mimicking Jennifer Ann.

Persons: Jennifer Ann Crecente, —, Drew Crecente, Jennifer Ann, Crecente, she'd, I've, he'd, Jennifer Ann's, Brian, Brian Crecente, Character.ai, y3gvAYyHVY, Jennifer Ann chatbot, he's, they're, Cassie Lawrence, Vincent Conitzer, Conitzer, Sue Morris, Dana, they've, Morris, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Winni Wintermeyer, Elon Musk, Nicki Minaj, Ryan Gosling, Andreessen Horowitz, Dominic Perella Organizations: Service, Google, BI, Safety, Institute for, Oxford University, Farber Cancer Institute, Washington, Financial Times, Business Locations: Character.ai, Austin, San Francisco, Character.AI, Boston

☆ Google Search's new AI makeover is the latest change the rest of the internet needs to navigate
▼ + stars: | 2024-10-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, Google Search is going to look a whole lot different thanks to generative AI . According to Rhiannon Bell, the vice president of user experience for Google Search, it's a "pretty dramatic shift from where we were before." AdvertisementAnd yes, in case you were wondering if it was coming, Google is going to start putting ads in its AI Search results — but only when Google deems them relevant. Google's new AI-organized search results GoogleSearch's revamp addresses a big concern for the rest of the internet. One survey conducted earlier this year found 60% of people who used Google's AI search found it more effective than non-AI powered Search.

Persons: —, Morgan Stanley, Tyler Le, Hugh Langley, Tech's, Hugh, Rhiannon Bell, Gen, Jenny Chang, Rodriguez, Ned Davis, Kalshi, Andy Jassy F, Carter Smith, Chelsea Jia Feng, Andy Jassy, Marc Andreessen, he's, Alyssa Powell, dockworkers, hasn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Costco, Tech, Google, Getty, Ned, Ned Davis Research, CFTC, Bloomberg, Getty Images, Amazon, LinkedIn, YouTube, EU . US Department of Labor Locations: China, San Francisco, EU, New York, London

☆ CNBC TechCheck Evening Edition: October 04, 2024
▼ + stars: | 2024-10-04 | 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 EmailCNBC TechCheck Evening Edition: October 04, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ The Houston Astros will miss the ALCS for the first time since 2016
▼ + stars: | 2024-10-03 | by ( Rohan Nadkarni | ) www.nbcnews.com time to read: +2 min

The Houston Astros will not appear in the American League Championship Series for the first time since 2016 after being eliminated by the Detroit Tigers on Wednesday. Not including the pandemic-shortened 2020 year, that’s the fewest number of wins the Astros have had since missing the postseason entirely in 2016. From 2017-23, not only did Houston appear in the ALCS every year, it made the World Series four times, winning twice and losing twice. The Astros’ run of championship league series appearances came under the specter of one of Major League Baseball’s most notorious scandals. The Astros were revealed to be using the sign-stealing system from as early as 2016 into the 2018 season — which encompassed their 2017 World Series win.

Persons: who’ve Organizations: Houston Astros, American League, Detroit Tigers, Astros, Tigers, San Francisco Giants, The Tigers, Kansas City Royals, Baltimore Orioles, Royals, Houston, AL West, Los Angeles Dodgers, Major League Baseball’s, Athletic Locations: Houston, centerfield

☆ NFL Week 5 preview: Five things to watch out for
▼ + stars: | 2024-10-03 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +18 min

CNN —It’s hard to believe it’s already Week 5 of the NFL season! “So absolutely, positively, did he learn a ton and was this walkthrough today or was the team orchestrated stuff today absolutely better than last week? Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8. Conversely, there are only good vibes around the Vikings as they enter Week 5 as one of two undefeated teams left in the NFL.

Persons: CNN —, it’s, Tyler Huntley, Skylar Thompson hasn’t, Huntley, Brennan Asplen, Mike McDaniel, “, ” McDaniel, Jayden Daniels, Daniels, Kliff Kingsbury, Patrick Mahomes, Rick Scuteri, Kingsbury, Kliff, “ I’m, Diggs, Josh Allen, Diggs ’, CJ Stroud, “ It’s, ” Stroud, Maria Lysaker, Collins, Stef, Mike Tomlin, ” Tomlin, can’t, ”, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, Trevor Lawrence, Eric Gay, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Cooper Neill, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Camryn Bynum, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Aaron Rodgers, Rodgers, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Nathan Ray Seebeck, Jaylen Waddle, Hill, Stephanie V, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, DeMarcus Lawrence, Micah Parsons, TJ Watt, Robert Saleh, he’s, Aaron Rodgers ’, Justin Jefferson Organizations: CNN, NFL, Philadelphia Eagles, Detroit Lions, Los Angeles Chargers, Tennessee Titans, Dolphins, Miami Dolphins, Jacksonville Jaguars, Cleveland Browns, Browns, New England Patriots, Baltimore Ravens, Titans, Miami, New, Washington, Arizona Cardinals, Big AFC, Houston The Buffalo Bills, Texans, Bills, Houston, Buffalo, Nico, AFC, America’s, Steel City, Sunday, Football, Pittsburgh Steelers, Dallas Cowboys, Steelers, Cowboys, ” Washington, Getty Images Denver Broncos, New York Jets, Broncos, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, AP San Francisco 49ers, 49ers, AP New York Giants, Giants, USA, Sports, Reuters, Buffalo Bills, Getty Images Minnesota Vikings, Vikings, Houston Texans, Getty Images Pittsburgh Steelers, Green Bay Packers, Packers, AP Minnesota Vikings, AP Dallas Cowboys, The Jets, Reuters Atlanta Falcons, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, Minnesota Vikings, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Las Vegas Raiders, Shutterstock Dallas Cowboys, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Bears, Patriots, New York Giants, AP Buffalo Bills, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, ‘, Pittsburgh, Colts, Tottenham Hotspur, Jaguars, Jets, Denver Broncos Locations: Miami, New England, Washington, Houston The, Houston, Dallas, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Santa Clara , California, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Inglewood , California, Cleveland, Tampa , Florida, Atlanta, Chicago, Cincinnati, São, South America, Pennsylvania, United Kingdom, London, New, New York

☆ Champions League Wednesday: Prince William watches Aston Villa, Real Madrid suffers shock defeat
▼ + stars: | 2024-10-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Prince William watches Aston Villa stun Bayern MunichAston Villa fan Prince William was in the stands to celebrate his team’s memorable win against Bayern Munich. 15-time Champions League winner Real Madrid suffered its first defeat of the season with a 1-0 loss against Lille, an early setback in the team’s European title defense. Kylian Mbappé, hoping to win a first Champions League of his career, was left frustrated against Lille. With that, Salah stretched his run of scoring at home in the Champions League to five matches – the first player in the club’s history to do so. Salah celebrates Liverpool's second goal.

Persons: Mohamed Salah, Here’s, Prince William, Aston, Jhon, Villa, Pau Torres ’, Durán, Manuel Neuer, Mike Egerton, Emi Martínez, Serge Gnabry, Harry Kane, “, ”, Unai Emery, ‘, Eduardo Camavinga’s, Jonathan David, Andriy Lunin’s, Tiago Santos, Antonio Rüdiger’s, Lucas Chevalier, Jude Bellingham’s, Kylian Mbappé, Stephanie Lecocq, Arda Güler, Les Dogues, Carlo Ancelotti, Alexis Mac Allister, Dan Ndoye, Salah, Liverpool's, Paul Ellis, Arne, Michele Di Gregorio, Vlahović, Benjamin Šeško, Di Gregorio, Douglas Luiz, –, Šeško, Signora, Francisco Conceição, David Raum’s, Lisi Niesner, Germain Organizations: CNN, Aston Villa, Bayern Munich Aston Villa, Bayern Munich, Bayern, Press Association, Villa, Champions League, Dinamo Zagreb, Manchester City, Borussia Dortmund –, ’, Lille, Real Madrid, League, France’s, Sporting CP, Bologna, Reds, Italian, Milan, Liverpool, Getty, Champions League –, ” Juventus, Juventus, RB Leipzig, Juve, Reuters, Salzburg, Brest Stuttgart, Sparta Prague Arsenal, Paris Saint, Germain Barcelona, Young Boys Bayer Leverkusen, Milan Borussia Dortmund, Celtic Internazionale, zvezda, Red Star Belgrade, PSV, Sporting Clube de Portugal Slovan Bratislava, Manchester City Shakhtar Donetsk, Atalanta Girona, Feyenoord Benfica, Madrid Liverpool, Bologna RB Leipzig, Juventus Lille, Real Madrid SK Sturm Graz, Brugge Aston Villa, Bayern Munich Dinamo Zagreb, AS Monaco Locations: Europe, Manchester, Barcelona, underwhelm, France’s Ligue, Matchweek, Bologna, AFP, Paris

☆ The AI industry is facing an existential question. OpenAI's chief product officer says he's not worried.
▼ + stars: | 2024-10-03 | by ( Rob Price | ) www.businessinsider.com time to read: +5 min

OpenAI's chief product officer isn't worried that the rise of open-source will cause the second. In the first vision, AI startups are in a winner-takes-all race. AdvertisementOn Wednesday, OpenAI chief product officer Kevin Weil took to the stage, where Anyscale cofounder Robert Nishihara asked him what open-source models mean for OpenAI's business. These AI models, such as Meta's Llama offerings, are freely available for almost anyone to use, while OpenAI sells access to propriety, closed models. But if downloadable, open-source models pull all prices down to the "cost of production," then Andreessen's first vision — of "infinite profits" — starts to appear a little less likely.

Persons: Marc Andreessen, isn't, —, Andreessen, there's, Rice, OpenAI, Kevin Weil, Robert Nishihara, Weil, Mark, Zuckerberg Organizations: Service, Google, Ray Summit, Anyscale, Meta Locations: San Francisco

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