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The complaint came a little more than a year after Biden's administration informed hospitals that they must provide abortion services if the mother’s life is at risk. At the time, President Joe Biden's administration said EMTALA supersedes state abortion bans that don’t have adequate exceptions for medical emergencies. It also underscores the uphill legal battle reproductive rights advocates when pushing back against state abortion bans. According to the complaint, Statton learned she was pregnant in early 2023 and soon began experiencing severe pain and nausea. The Supreme Court earlier this month allowed Idaho to enforce its strict abortion ban, even in medical emergencies, while a separate legal fight continues.
Persons: Jaci Statton, Statton, Joe Biden's, Biden, Roe, Wade, Jaci, , “ EMTALA, , Rabia Muqaddam Organizations: U.S . Department of Health, Human Services, Republican, Department of Health, Labor, Centers, Medicare, Services, Health, Reproductive Rights, Associated Press Locations: Oklahoma, Idaho , Tennessee, Texas, Idaho, New Orleans
Meta CEO Mark Zuckerberg upped the ante this week by disclosing how many of these graphics processing units Meta will have by the end of 2024. AdvertisementTo that end, Meta will have purchased about 350,000 Nvidia H100 GPUs by the end of 2024. And overall the company will own roughly 600,000 of these types of chips, if you include other similar GPUs, Zuckerberg noted. A single Nvidia H100 GPU is estimated to cost about $30,000 although other estimates put the cost as high as $40,000. And similar GPUs from other providers may be cheaper than Nvidia's offerings.
Persons: , Mark Zuckerberg, Zuckerberg, Meta, Meta's Ray Organizations: Service, Business, Meta, Nvidia, AMD, Reality Labs, AIs, Employees
WASHINGTON (Reuters) - U.S. President Joe Biden's administration on Friday said it was launching the most major reforms to disaster management relief in two decades as climate change-driven extreme weather events, such as floods and fires, increase. The Federal Emergency Management Agency (FEMA) reforms of its federal assistance policies and expanded benefits for disaster survivors aim to cut red tape that victims have said makes it difficult for them to access resources after a disaster. FEMA said the reforms follow feedback from disaster survivors. Previously, the payment was assessed on a disaster-to-disaster basis. FEMA said the changes will take effect for new disasters declared on, or after March 22, 2024.
Persons: Joe Biden's, , Deanne, Valerie Volcovici, Sharon Singleton Organizations: WASHINGTON, Federal Emergency Management Agency, FEMA, U.S, Small Business Administration Locations: U.S, Maui, California
The Meta chief told The Verge that the company was still investing heavily in it. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg wants you to know Meta is not pivoting to AI. In an interview with The Verge, the Meta CEO said the company was still focused on the metaverse despite recent AI investments. This story is available exclusively to Business Insider subscribers.
Persons: Mark Zuckerberg, Zuckerberg, Organizations: Service, Meta, Business
The Japan Aerospace Exploration Agency’s uncrewed Smart Lander for Investigating Moon, or SLIM, mission is expected to touch down on the moon at 10:20 a.m. 1) The Sea of Tranquility 2) the Apollo 11 landing site 3) the Shioli crater that the SLIM mission is targeting and 4) the Chandrayaan-3 lunar landing site. New space raceMultiple space agencies and countries have attempted moon landing missions over the past year, leading to a historic first as well as failures. The lightweight SLIM lander, which launched in September, carries new precision technology to demonstrate a “pinpoint” landing. Part of the motivation behind the new lunar space race is a desire to access water trapped as ice in permanently shadowed regions at the lunar south pole.
Persons: Smart Lander, SLIM, China —, Ispace’s, Russia’s Luna, Astrobotic, Organizations: CNN —, Japan Aerospace, Saturday, YouTube, CNN, Getty, JAXA, Soviet, Japan Aerospace Exploration Agency Locations: CNN — Japan, India, United States, Soviet Union, China, Soviet
Google CEO Sundar Pichai wrote in an internal memo that there'll be more "role eliminations" in 2024. The tech giant laid off hundreds of staff working on its devices and services in January. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle CEO Sundar Pichai says there will be more layoffs at the search giant in 2024.
Persons: Sundar Pichai, , Pichai, Alex Heath Organizations: Google, Service, Business
By now, they were supposed to be well into the first leg of the three-year Life at Sea cruise, sailing from Ushuaia, Argentina, to Punta Arenas in Chilean Patagonia. On Tuesday, 78 would-be Life at Sea passengers sent a letter to Markenzy Lapointe, the U.S. attorney for the Southern District of Florida, asking him to investigate whether Miray, a Turkish cruise company, defrauded them out of millions of dollars. They claim that the company collected an estimated $16 million and used it toward a deposit to acquire a new ship that it did not end up purchasing. Dozens of passengers quit their jobs, sold their homes and withdrew their life savings to pay for what promised to be the adventure of a lifetime: a cruise with 382 ports of call over 1,095 days. But in late November, just days before the cruise was scheduled to depart, the voyage was canceled because Miray had failed to acquire a suitable ship.
Persons: Markenzy Lapointe, Mr, Lapointe, Miray Organizations: Punta Arenas, Southern, Southern District of Locations: Ushuaia, Argentina, Punta, Chilean Patagonia, Istanbul, Ecuador, U.S, Southern District, Southern District of Florida, Turkish
Read previewAhead of the February 2 launch of Apple's Vision Pro, reporters were again given access to the virtual reality headset. "Talking to someone today while they were wearing Vision Pro the render of their eyes was deeply real," Josh Rubin at Cool Hunting said on Threads. It is still just a VR headset 'searching for a purpose'One overarching critique of the Vision Pro has been: What's the point? AdvertisementIn this most recent round of opinions, it seems testers can't see past the limited use cases for the Vision Pro. "I'm just still trying to see where it fits in the real world," Song wrote.
Persons: , Rich DeMuro, Josh Rubin, Cool, Song, Rubin, Dana Wollman, Low, Mark Gurman, Joanna Stern, Stern, Gurman, Nilay Patel, I'm, it's, Wollman Organizations: Service, Apple's, Pro, Business, Apple, Engadget, Bloomberg, Vision
That explains why Trump got about half of all the Republican votes in Iowa, leaving DeSantis far behind. That should tell you a lot about Iowa voters, but enough of them also voted for DeSantis and Haley. When I spoke to the Haley campaign early Monday morning, before the Iowa caucuses had begun, they said they were shifting toward Trump, seemingly writing DeSantis off as their closest threat. DeSantis himself said last week that his finish in Iowa could “upend” Trump’s lead in the GOP primary. Join us on Twitter and FacebookAnd as one DeSantis campaign committee member said, “a close second would be a successful outcome,” and “third place is not good.”Needless to say, DeSantis did not win.
Persons: Donald Trump’s, Ron DeSantis, Patrick T, Brown, Donald Trump, Michael Brendan Dougherty, Christopher Rufo, DeSantis didn’t, I’d, Elon Musk, Semafor’s David Weigel, dinging Trump, It’s, Trump, Nikki Haley, Haley, George W, she’s, Nikki Haley wasn’t, They’re, Ron DeSantis ’, MAGA, Joe Biden’s, , She’ll, DeSantis, Kim Reynolds, , it’s Haley Organizations: CNN, Florida Gov, Republican, Manhattan Institute, Twitter, Elon, Trump, Republican Party, Public Policy Center, South Carolina Gov, Iowa Republicans, Iowa, DeSantis, Iowa Caucus, Iowa Gov, GOP, Facebook, New Hampshire Locations: Iowa, Florida, America, New Hampshire, Washington ,, New
Wall Street's rocky start
  + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.
Persons: Donald Trump, Vivek Ramaswamy, , Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin
Read previewIt's just days since Google employees were hit by another round of layoffs. This story is available exclusively to Business Insider subscribers. However, CEO Sundar Pichai has yet to address the new round of layoffs internally, a report by The Verge's Command Line said. The poorly explained job cuts have left some employees disgruntled and lashing out against management. The popular post, which referenced Google's last round of job cuts, read: "Thank you, our corporate overlords, for our new annual tradition."
Persons: , Sundar Pichai, we've Organizations: Service, Google, Business, Verge's, Amazon
Elon Musk's SpaceX has filed suit against the NLRB, arguing its proceedings are unconstitutional. The suit follows an NLRB accusation that SpaceX illegally fired employees who complained about Musk. SpaceX's suit could have wide-reaching impacts on federal agencies if successful, an expert told BI. Eight SpaceX employees were wrongfully terminated for their involvement in drafting and posting the letter, the NLRB alleged in its complaint against the billionaire's spacecraft manufacturing company. AdvertisementThe NLRB, in response to SpaceX's suit, has argued the case should be heard in California.
Persons: Elon, , Musk, Musk's, SpaceX's, David Wimmer, Jerry Cutler, Cutler, Wimmer, they've Organizations: SpaceX, Service, National Labor Relations Board, Court, Southern, Southern District of Texas, Musk ., NLRB, Business Insider, Elon, Twitter, SpaceX Microsoft, CBS, United States, Supreme, Circuit, Columbia University, National Labor Relations Act, Federalist Society Locations: Brownsville, Southern District, Texas, California
The final poll from Iowa’s premier pollster, Ann Selzer, has Trump at 48% followed by former South Carolina Gov. If the final outcome Monday night mirrors the poll, Trump will have won the highest Iowa GOP caucus vote share for a non-incumbent ever. A Haley win in the first primary race in the nation would indicate that Trump is not invincible. He did more than 5 points better than where his final Iowa poll had him. (His 28-point margin over Bradley was the same as the final poll found, as both Bradley and Gore won some undecided voters.)
Persons: Donald Trump, Ann Selzer, Nikki Haley, Ron DeSantis, Trump, , They’re, Haley, Chris Christie –, George W, Bush, didn’t, Steve Forbes, John McCain, Patrick Buchanan, Bob Dole, Buchanan, McCain, Gary Hart, Walter Mondale, Hart, Haley isn’t, DeSantis, Al Gore, Gore, Bill Bradley, Bradley, Trump . Gore, Dole Organizations: CNN, Trump, South Carolina Gov, Florida Gov, Iowa GOP, Granite State, New, New Jersey Gov, University of New, Dole, Democratic, Republican, Trump . Locations: Iowa, New Hampshire, Granite, New Jersey, University of New Hampshire, Hampshire, Granite State, Trump, South Carolina, Florida
The 2024 Iowa Republican caucuses are just days away. As they have for decades, Iowa Republicans will kick off actual voting with a series of caucuses around the state's 99 counties. And yet, no candidate will have anywhere near the number of delegates needed to become the Republican presidential nominee. As for the winners, the last three winners of a competitive Iowa Republican caucus, Sen. Ted Cruz of Texas, former Sen. Rick Santorum of Pennsylvania, and former Arkansas Gov. As smaller states, Iowa and New Hampshire are supposed to offer candidates with less money or name recognition the chance to compete.
Persons: Iowans, Donald Trump, , Grover Cleveland, Sen, Bob Dole, George H.W, Bush, Tom Harkin, Harkin, Trump, Nikki Haley, Ron DeSantis, DeSantis, Haley, Vivek Ramaswamy, he's, they've, caucusgoers, Ricky Bobby, John McCain, Ted Cruz, Rick Santorum, Mike Huckabee Organizations: GOP, Service, Iowa Republicans, Nature, Iowa Republican, Florida Gov, Democratic, Democratic National Committee, Iowa, Republican Party of Iowa, New, New Hampshire Republicans, Journalists, Republican, Arkansas Gov Locations: Iowa, New Hampshire, Florida, Ted Cruz of Texas, New Hampshire , Nevada, South Carolina
These stocks are getting close to oversold territory
  + stars: | 2024-01-12 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
There may be buying opportunities in a few stocks getting hit after making headlines this week. The relative strength indicator, which measures the magnitude and speed of price moves, is a popular metric used to evaluate whether shares are overbought or oversold. A stock with a 14-day RSI below 30 is considered oversold, suggesting that it could be a promising entry point for investors. The full oversold list While many noteworthy S & P 500 stocks are on the verge of being oversold, just two actual have RSIs below 30: Baker Hughes and Bunge Global . Here's the full list of overbought stocks: THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .
Persons: Tesla, Morgan Stanley, FactSet, Dave Calhoun, Baker Hughes Organizations: Reuters, Hertz, Tesla, Boeing, Alaska Airlines, Federal Aviation Administration, Max, Bunge, CNBC, Juniper Networks, Traders, Hewlett Packard Enterprise, Pharmaceutical Locations: Red, China, Saudi Arabia
The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Discord will lay off 17% of the company's workforce, which equates to 170 employees, a spokesperson confirmed Thursday. Discord, which ranked 18th on CNBC's Disruptor 50 list for 2023, was valued at about $15 billion in 2021 at the height of the tech boom. Layoffs have been a big story across the tech landscape since the calendar turned to 2024. WATCH: Google to lay off hundreds as big tech layoffs continue
Persons: Jason Citron, Bob Carrigan Organizations: Google, Unity Software Locations: Warsaw, Poland
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInvestors are underestimating the risk of an economic slowdown, and "greedflation" among companies can't prop up the market any longer, Société Générale said in a note this week. Firms hiking prices likely helped avoid a deeper slump in profits stemming from a slowing economy, Société Générale strategist Albert Edwards said. "The Greedflation driven surge in margins helped stop the profits slowdown turning into a deep downturn. A recession still poses a decent risk to the economy, though investors have warmed up to the prospect of a soft-landing.
Persons: , Société Générale, they're, Société, Albert Edwards, Greedflation, Edwards, , Evercore, quant, Andrew Lapthorne, David Rosenberg Organizations: Service, Business, Bureau of Labor Statistics, Federal Reserve, New, Fed, Institute of Supply, Evercore ISI
Pornhub is blocking users in North Carolina and Montana over new age verification laws. Users who try to visit the site in those states are now shown a video of Cherie DeVille. AdvertisementPornhub has blocked access in two more states over age verification laws. Two separate age verification laws were enacted on January 1 in South Carolina and Montana, both requiring users to confirm their age with third-party or "digitized" verification. "Unfortunately, the way many jurisdictions worldwide have chosen to implement age verification is ineffective, haphazard, and dangerous."
Persons: Cherie DeVille, , Pornhub, 404Media, DeVille, Aylo Organizations: Service Locations: North Carolina, Montana, South Carolina, Louisiana , Arkansas , Utah, Mississippi, Utah, Maryland, , Louisiana
These touch-sensitive full-body suits vibrate in response to virtual stimuli, reacting when users' characters bump into a wall or receive a punch, for example. "They cannot tout the realism of these virtual worlds and then deny or downplay that ugly things that happen in them have some of the unfortunate downstream effects of real behavior. On Instagram, in response to a New York Post article about the incident, users joked the assailants who harassed the girl online should be sent to "virtual jail." Sexual harassment on 'Horizon Worlds'Claims like the British girl's are not unheard of, with multiple accounts of virtual sexual harassment stemming from Meta's "Horizon Worlds" VR game — though it remains unclear if the incident took place inside Meta's game or another VR world. "This is a critical area that demands immediate attention to ensure the Metaverse is a safe and positive space for young users."
Persons: Donna Jones, Katherine Cross, they're, James, Nina Jane Patel, Patel, Graeme Biggar Organizations: Service, Daily, Business, Daily Mail, Association of Police, Crime, BBC, University of Washington, New York, LBC, Meta, BI, Crime Agency Locations: cybercrime
A federal grand jury charged Hunter Biden on Thursday with a scheme to evade federal taxes on millions in income from foreign businesses, the second indictment against him this year and a major new development in a case Republicans have made the cornerstone of a possible impeachment of President Biden. Mr. Biden, the president’s son, faces three counts each of evasion of a tax assessment, failure to file and pay taxes, and filing a false or fraudulent tax return, according to the 56-page indictment — a withering play-by-play of personal indulgence with potentially enormous political costs for his father. But the agreement collapsed, and in September, he was indicted in Delaware on three charges stemming from his illegal purchase of a handgun in 2018, a period when he used drugs heavily and was prohibited from owning a firearm. The tax charges have always been the more serious element of the inquiry by the special counsel, David C. Weiss, who began investigating the president’s son five years ago as the Trump-appointed U.S. attorney for Delaware. Mr. Weiss was retained when President Biden took office in 2021.
Persons: Hunter Biden, Biden, Mr, David C, Weiss Organizations: Trump Locations: California, Delaware
How to Downgrade a Credit Card
  + stars: | 2023-12-07 | by ( Holly Johnson | Freelance Writer | Read More | ) www.businessinsider.com   time to read: +9 min
Many card issuers will allow you to downgrade your credit card instead of canceling it outright. How to Contact Your Credit Card IssuerIf your card issuer lets you downgrade your credit card to another one, you should see the change in your online account page within a few days. Considerations Before DowngradingImpact on Credit ScoreClosing a credit card account can reduce the age of your credit history and cause your credit utilization to rise if you carry balances on other cards. The Drawbacks of Downgrading Your Credit CardYou can absolutely downgrade your credit card, but there's an argument to be made for signing up for a new, different credit card instead and simply closing your old one. Your best bet is having a card in mind to downgrade to, then calling your card issuer using the number on the back of your credit card to ask.
Persons: you've, Chase, It's Organizations: Chase, Chase Sapphire Reserve Locations: Chase
US Representative Patrick McHenry (R-NC) speaks to members of the media outside the office of US House Speaker Kevin McCarthy (R-CA), at the US Capitol in Washington, DC, on October 3, 2023. WASHINGTON — Rep. Patrick McHenry, R-N.C., announced Tuesday that he won't seek re-election in 2024, a shocking move to many of his colleagues that will further thin the ranks of Republican institutionalists in Congress. He gained national attention during his three-week stint in October as House Speaker pro tempore after Republicans ousted Rep. Kevin McCarthy, R-Calif., from the position. Despite his solidly conservative positions and voting record, McHenry is seen on Capitol Hill as a pragmatist and widely respected in both parties. During the speaker battle, McHenry was cited by Democratic leaders as the sort of GOP lawmaker who they trust enough to work with.
Persons: Patrick McHenry, Kevin McCarthy, Republican institutionalists, McHenry, Obama, Donald Trump, , I've Organizations: US, WASHINGTON — Rep, Republican, Financial, Democratic, Republicans, Capitol, Trump, GOP Locations: Washington ,, R, McHenry
A takeaway for other founders: control matters. A founder's narrative control can wane too if board members disagree with a founder's vision. AdvertisementAltman did not, in practice, start with much control at OpenAI, despite being its CEO and, prior to the blowup, a board member. "A lot of VCs still act as if founders retaining board control after a series A is unheard-of. OpenAI's version of founder control doesn't necessarily look like others: its CEO apparently doesn't hold the majority of stock.
Persons: Sam Altman, Paul Graham, , Altman, Altman's, Helen Toner, Toner, Y, Graham's, Graham, aren't, Mark Zuckerberg, Bret Taylor, Larry Summers Organizations: Service, Microsoft Locations: OpenAI
Russia's economy could end up looking a lot like it did in the Cold War, a researcher writes. Russia's population fell by around 3 million from 2017 to 2022. The drop in population has bred a number of problems for Russia's economy as it shifts to a wartime footing, including a record shortage of workers. All that points to great difficulty faced by Russia's economy, he added. Other economists have sounded similar warnings for Russia's economy, though the nation itself has insisted on its resilience over the past year-and-a-half.
Persons: , Vladislav Inozemtsev, Inozemtsev, Imnozemtsev Organizations: Service, Middle East Media Research, Kremlin, International Monetary Fund Locations: Russia, Ukraine, China, Moscow
Why Haley Is Rising Among the Rivals to Trump
  + stars: | 2023-12-04 | by ( Nate Cohn | ) www.nytimes.com   time to read: +1 min
If you dozed off while following the Republican primary, I wouldn’t blame you. With Ms. Haley still a full 50 percentage points behind Mr. Trump in national polls, her ascent doesn’t exactly endanger his path to the nomination. So if you were reading this only on the off chance that Mr. Trump might be in jeopardy, you can doze off again. Ms. Haley is now neck-and-neck with Mr. DeSantis in Iowa, a state he is counting on to reverse a yearlong downward spiral in the polls. She’s well ahead of Mr. DeSantis in New Hampshire and South Carolina, two states where a moderate South Carolinian like her ought to fare relatively well.
Persons: Nikki Haley, Ron DeSantis, Donald J, Haley, Trump, who’s, DeSantis Organizations: Republican Locations: DeSantis, Iowa, New Hampshire, South Carolina
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