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☆ New analysis of samples from Wuhan animal market supports its role as a central site of early spread of Covid-19
▼ + stars: | 2024-09-19 | by ( Brenda Goodman | ) edition.cnn.com time to read: +9 min

The new findings add to strong, but circumstantial evidence that the SARS-CoV2 virus jumped from infected animals to humans and that the market was a central site of early spread. Of the animals present at the market, rabbits, dogs and raccoon dogs are known to be susceptible to Covid-19 infections. Their analysis shows that SARS-CoV2 virus present at the market emerged at the same time as the virus from the larger pandemic, suggesting they are one and the same. The pandemic virus would have an earlier birthdate. “A lab origin is a possibility.

Persons: “, ”, Kristian Andersen, Andersen, ” Andersen, Florence Debarre, ” Debarre, Debarre, there’s, Dr, Sanjay Gupta Organizations: CNN, Wholesale, Scripps, Research, French National Centre for Scientific Research, National Institutes of Health, CNN Health Locations: Wuhan, China, Covid, La Jolla , California, United States

☆ How Springfield, Ohio, became home for thousands of Haitian immigrants
▼ + stars: | 2024-09-19 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +11 min

Mayor Rob Rue told CNN the city’s population has grown about 25% over the past three years, in part due to the arrival of Haitian immigrants. Volunteer teacher Hope Kaufman leads Haitian students during an English language class at the Haitian Community Help and Support Center in Springfield, Ohio, on September 13, 2024. They’re very happy to have them there, and frankly, that’s helped the economy.”Has something changed with Haitian immigration to the US? Members of the Haitian community in Springfield, Ohio — from left, Lindsay Aime, James Fleurijean, Viles Dorsainvil and Rose-Thamar Joseph — stand for worship at Central Christian Church on September 15, 2024. But in an interview with ABC’s “This Week,” the Republican governor stressed the economic benefit the Haitian immigrants are bringing to the city.

Persons: Margery Koveleski, she’s, ”, who’s, Last, Rob Rue, Chris Cook, …, Hope Kaufman, Roberto Schmidt, CNN’s Omar Jimenez, Mike DeWine, that’s, Biden, Nicaraguans, it’s, who’ve, they’d, Cook, Julia Gelatt, ” Gelatt, “, ” What’s, “ Haiti’s, Donald Trump, Lindsay Aime, James Fleurijean, Viles Dorsainvil, Thamar Joseph —, Jessie Wardarski, Sens, Sherrod Brown of, Tim Scott of, Bryan Heck, ABC’s, ” CNN’s Chelsea Bailey, Omar Jimenez, Meridith Edwards, Chris Boyette, Jack Forrest, Priscilla Alvarez Organizations: CNN, American Community Survey, Springfield City Council, AFP, Getty, ” Ohio Gov, ABC, United, US Customs, Department of Homeland Security, Officials, Citizenship, Immigration Services, House Homeland Security, Central Christian Church, City, Republican Locations: Springfield, Ohio, Haitian, Clark County, ”, ” Clark County, Koveleski, Springfield , Ohio, “, Macy’s, ” Ohio, “ Ohio, United States, Haiti, South America, Miami, Ft . Lauderdale, New York City, Canada, Cincinnati, Columbus, What’s, Sherrod Brown of Ohio, Tim Scott of South Carolina

☆ Child-free spaces, dirty looks on planes and ‘breeders’: Why people seem so annoyed by kids in public
▼ + stars: | 2024-09-19 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +12 min

CNN —In some corners of society, there appears to be a shift in the way people talk about kids. Every so often, a provocative social media post sets off predictably polarizing discourse about the presence of children in daily life. The implication (joking or otherwise) is that children are a nuisance and adults shouldn’t have to endure them if they don’t want to. The people behind them aren’t part of some organized movement nor are they actually lobbying for the exclusion of children from public spaces. Rather, Berg understands online disdain for kids partly as a performative response to rhetoric from political and religious conservatives.

Persons: snarkily, ”, shouldn’t, Mariah Maddox, —, Elinor Burkett, Boon, “, Lisa Belkin, Jason Lancaster, Anastasia Berg, Rachel Wiseman, Berg, JD Vance’s, Pope Francis, aren’t, Jessica J, June Carbone, Carbone, ” Carbone, Yolanda Williams, glared, ” Williams, Lauren Kavan, She’s, Kavan, ‘, ’, Jessica Calarco Organizations: CNN, Friendly, New York Times Magazine, University of Wisconsin, Madison, “, tote Locations: Ohio, Nebraska, Berg

☆ There's a new biggest bull on Wall Street as BMO raises year-end S&P 500 target to 6,100
▼ + stars: | 2024-09-19 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Chief investment strategist Brian Belski lifted his year-end target for the broad index by 500 points to 6,100. That new forecast implies the S & P 500 can climb 8.6% from Wednesday's close. .SPX YTD mountain S & P 500 YTD Belski said his update came after yet another rebound in equities pushed the index to trade around his prior target. Even if the S & P 500 tests lows seen during September's choppy trading, the investing strategist said he remains confident that it can rise into year-end. The S & P 500 has climbed more than 19% in 2024.

Persons: Brian Belski, It's, Belski, What's Organizations: BMO, CNBC, Federal Reserve Locations: Wednesday's, U.S

☆ A new tool shows what the climate crisis could feel like in your city
▼ + stars: | 2024-09-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Monthlong heat waves. AdvertisementLocal climate hazardsTo make predictions at a city level, Mackres said WRI built on global climate modeling done by hundreds of other researchers. World Resources InstituteIn Bengaluru, India's fifth-most-populous city, extreme heat has caused severe water shortages and surging energy demand. Now it ranks second behind San Francisco after a series of deadly heat waves prompted residents to install AC. If that demand is met with fossil fuels like oil, gas, and coal, it could exacerbate the climate crisis, WRI said.

Persons: WRI, Eric Mackres, Mackres, haven't Organizations: Service, World Resources Institute, Ross Center for Sustainable Cities, Resources, Bengaluru, US, San Locations: Saharan Africa, Latin America, Indonesia, Africa, Asia, Seattle, Rio de Janeiro, Johannesburg, Bengaluru, India, India's, Brazil, US Pacific Northwest, San Francisco, Tehran, Iran, Marrakech, Morocco

A $35,000 reward was available for information leading to Couch’s capture, according to the Kentucky State Police. The search area for Joseph Couch is seen in a photo released by Kentucky State Police spokesperson Scottie Pennington on September 9, 2024. We could have asked him what his intentions were,” Laurel County Sheriff John Root said at a Wednesday news conference. “Our one goal was to have this guy recovered.”Burnett said the couple will receive a $15,000 reward from Laurel County Crime Stoppers and a $10,000 reward from a private donor. People’s been in fear, that’s not the normal here in Laurel County,” Root said.

Persons: –, Daniel Boone, Joseph Couch, ”, Fred, Sheila McCoy, Couch, ” Fred McCoy, “, Fred McCoy, Scottie Pennington, Phillip Burnett Jr, ” Burnett, Burnett, haven’t, John Root, Root, We’re, Couch texted, couldn’t, – Couch, Jackie Steele, ” Root, “ We’ve, we’ve, People’s, that’s Organizations: CNN, Daniel Boone National Forest, Kentucky State Police, Los Angeles and New York City, YouTube, Mount Vernon Fire Department, Police Locations: Los Angeles and New, London , Kentucky, Laurel County, Frankfort, London, Kentucky, Laurel, Knox, Washington, Seattle, Tacoma

☆ A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households
▼ + stars: | 2024-09-19 | by ( Eliza Relman | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

The HOMES Act would establish a new federal housing development authority charged with building and rehabilitating more than a million permanently affordable homes. This so-called "social housing" is notably different from traditional public housing, which is entirely reserved for the poorest households. Rent for all tenants in social housing would be capped at 25% of their income. "There is another way: social housing," Ocasio-Cortez and Smith said in their op-ed. And in California, lawmakers introduced a bill to construct mixed-income social housing on government-owned land.

Persons: —, Alexandria Ocasio, Sen, Tina Smith, Cortez, Gianpaolo Baiocchi, Smith, Baiocchi, Emily Gallagher's, Kamala Harris, she's, Donald Trump, Smith —, Harris, Walz Organizations: Service, New, New York Democrat, Minnesota Democrat, Senate, Business, Urban Democracy Lab, New York Times, New York Locations: Alexandria, Cortez, New York, Minnesota, New, California, Vienna

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Apple, Nio, DoorDash, Robinhood, Alphabet, Micron & more
▼ + stars: | 2024-09-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley reiterates Apple as overweight The firm said iPhone 16 demand may not be as bad as feared after comments from the T-Mobile CEO. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's bullish on the EV company as Nio unveils its latest mid-sized family model, the L60. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's concerned about the company's robotaxi event but that it's standing by the stock. Morgan Stanley downgrades Elanco to equal weight from overweight Morgan Stanley said it "lacks conviction" in shares of the pet biopharma company. "We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).

Persons: Morgan Stanley, Apple, TMUS, Piper Sandler, Robinhood, Piper, KeyBanc, Redburn, Mizuho, Raymond James, Nio, it's bullish, TD Cowen, Cowen, Tesla, it's, Hertz, Wells, Morgan Stanley downgrades Elanco, rideshare Organizations: Mobile, Apple Intelligence, JPMorgan, Gas Sciences, Kodiak Gas Services, Talos Energy, Northern Oil, Nio, Micron, Barclays, UW, Laboratories, Abbott Laboratories, Outfront Media, " Bank of America Locations: Kodiak

☆ Lithuania is the world's happiest place for under 30s, but it's also Europe's suicide capital
▼ + stars: | 2024-09-19 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +7 min

Read previewDomantas Katelė, an official in Lithuania's Ministry of Social Security and Labour, is widely known as his country's "Gen Z" minister. AdvertisementThe World Happiness Report backs up his claim, ranking Lithuania as the happiest place in the world for those under 30 earlier this year. AdvertisementIt seems paradoxical: How can a country be great for young people while also being Europe's suicide capital? Užupis, a small district alongside the Vilnia River, is popular with Vilnius' young, bohemian crowd. AdvertisementDomantas Katelė is often referred to as the "Gen Z" minister.

Persons: —, Z, it's, Joshua Nelken, Zers, Adriana Doroškevičiūtė, Richard Bogu, It's, Bogu, Antanas Grižas Organizations: Service, Lithuania's Ministry of Social Security, Labour, Business, Union, Lithuania, European Union, Data, BI, Soviet Bloc Locations: Lithuania, Vilnius, Soviet Union, Europe, Old, Užupis, Soviet

☆ Your taxes are going up in 2026, according to Morgan Stanley. Here are 5 tax-advantaged trades to make.
▼ + stars: | 2024-09-19 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Read previewMorgan Stanley has some disappointing news for investors: your taxes are probably going up in the next few years. But one strategist at Morgan Stanley says it's not that simple. Despite these differences, Morgan Stanley expects tax rates to increase no matter who takes office. And a divided Congress, which Morgan Stanley predicts is very likely in November, will only further reduce the likelihood of dramatic change. Typically, the stock market is more influenced by the business cycle than tax policy or political party, according to Morgan Stanley.

Persons: —, Morgan Stanley, Trump, Kamala Harris, it's, Monica Guerra, Morgan Stanley Wealth Management's, Harris, Biden, There's, haven't, Guerra isn't, Guerra Organizations: Service, Business, Morgan Stanley Wealth, US, Trump, Republican, Democratic, Treasurys, New, Equity Locations: New York City

☆ The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
▼ + stars: | 2024-09-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But in his own way (very demure, very mindful) that is what happened Wednesday when he announced the Fed’s first rate cut in four years, a giant half-point reduction that will lower the cost of borrowing and offer financial relief for consumers and businesses. Whenever a reporter asks him about politics, Powell refuses to bite. Like on Wednesday, when he was asked whether the half-point rate cut had political motivations, he responded with something approaching exasperation. It’s just maximum employment and price stability on behalf of all Americans.”Of course, that’s unlikely to stop either party from using the rate cut news to their advantage, given that the economy is the No. Trump can continue to claim that a rate cut is a sign the economy is weak.

Persons: CNN Business ’, Jerome Powell, That’s, ” Powell, “ We’re, Republican Sen, Tommy Tuberville, “, Kamala Harris, ”, it’s, It’s, Jason Furman, Donald Trump, they’re, Pubkey, ” Trump, Powell, He’s, Joe Biden, Powell isn’t, Barack Obama, don’t, Harris, Biden, Steve Sosnick Organizations: CNN Business, New York CNN, Republican, CNN, Trump, Fed’s, Governors, Interactive Brokers, Fed Locations: New York, America, Alabama, New York City, Trump

☆ Turbulent skies of Vincent Van Gogh’s ‘The Starry Night’ may align with a scientific theory
▼ + stars: | 2024-09-19 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

CNN —The dappled starlight and swirling clouds of Vincent van Gogh’s “The Starry Night” are thought to reflect the artist’s tumultuous state of mind when he painted the work in 1889. Now, a new analysis by physicists based in China and France suggests the artist had a deep, intuitive understanding of the mathematical structure of turbulent flow. Batchelor’s scaling mathematically represents how small particles, such as drifting algae in the ocean or pieces of dust in the wind, are passively mixed around by turbulent flow. “I think this physical relationship must be embedded in his mind so that’s why when he made this famous ‘Starry Night’ painting, it mimics the real flow,” Huang said. “What I take away from studies like this is that (van Gogh) captured some of this universality in the beautiful (‘Starry Night’),” Beattie added.

Persons: Vincent van Gogh’s, ”, Yongxiang Huang, Van Gogh, mutilating, van Gogh's, Huang, Andrey Kolmogorov, John Constable, De Agostini, James Beattie, Beattie wasn’t, van Gogh, ” Huang, Beattie, “, Van Gogh’s, Yinxiang, Gogh, ” Beattie Organizations: CNN, State Key Laboratory of Marine Environmental Science & College of Ocean, Sciences, Xiamen University, Princeton University, NASA's, NASA Goddard Space, NASA’s, Museum of Modern Art Locations: China, France, Saint, Provence, Soviet, Brighton, British, New Jersey, New York

☆ The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
▼ + stars: | 2024-09-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a pivotal moment for the central bank. "This recalibration of our policy stance will help maintain the strength of the economy and the labor market, and will continue to enable further progress on inflation as we begin the process of moving forward a more neutral stance," Powell said. Financial markets weren't quite sure what to make of the chair's messaging in the meeting's immediate aftermath. However, asset prices soared Thursday as investors took Powell at his word that the unusually outsized move wasn't in response to a substantial slowing of the economy. The Dow Jones Industrial Average and S&P 500 jumped to new highs in trading Thursday after swinging violently Wednesday.

Persons: Jerome Powell, Powell, didn't, Tom Porcelli Organizations: Financial, Dow Jones Industrial

☆ European markets set to open higher following Fed cut; Bank of England rate decision in focus
▼ + stars: | 2024-09-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Bank of England in the City of London as economists and mortgage holders await this week's interest rate announcement on 28th July 2024 in London, United Kingdom. LONDON — European markets were poised to open higher as investors digested the U.S. Federal Reserve's first interest rate cut in four years and looked ahead to the Bank of England's rate decision later in the session. Back in Europe, investor attention is now turning to the Bank of England, with the central bank largely expected to hold rates steady at 5%. The Fed's jumbo rate cut is unlikely to impact the Bank of England, according to economists, as the central bank ratified its decision around lunchtime Wednesday, hours before the U.S. announcement. Also on Thursday, Norway's central bank will deliver its latest interest rate decision.

Persons: Germany's DAX, Tiina Lee, CNBC's Organizations: of England, City of, LONDON, . Federal, Bank of, FTSE, France's CAC, Fed, Bank of England, Citi UK Locations: City, City of London, London, United Kingdom, ., Trading, Asia, Europe, U.S, Norway's

☆ Hong Kong central bank cuts interest rate, tracks Fed move
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: +1 min

People wearing face masks walk by the Hong Kong Monetary Authority on March 4, 2020 in Hong Kong. HKMA said the U.S. interest rate cut will have a positive impact on the economy of the Asia financial center and will provide some room for easing of local interest rates. "In Hong Kong, our financial and monetary markets have continued to operate in a smooth and orderly manner. "The rate cut cycle has just begun, interest rates will remain at relatively high level in the foreseeble future. The public should carefully assess and continue to manage the interest rate risk when making property purchase, mortgage or other lending decisions," Lee added.

Persons: HKMA, Howard Lee, Lee Organizations: Hong Kong Monetary Authority, Hong, HK, U.S ., U.S . Federal Reserve, Hong Kong Locations: Hong Kong, United States, U.S, Asia

☆ JetBlue to open airport lounges in New York and Boston in battle for big spenders
▼ + stars: | 2024-09-19 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

In this article JBLU Follow your favorite stocks CREATE FREE ACCOUNTJetBlue planes at JFK's Terminal 5 in New York. Leslie Josephs | CNBCJetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers. The lounges will open at the carrier's hubs in New York late next year followed by Boston, JetBlue said Thursday. She said JetBlue doesn't want to disappoint customers if they aren't able to get into the lounges because they are too crowded. The highest-tier of JetBlue's loyalty program and holders of the new premium card will get free access to the lounge for one guest.

Persons: Leslie Josephs, John F, Jayne O'Brien, JetBlue's Organizations: JetBlue, CNBC JetBlue Airways, Barclays, Delta Air Lines, United Airlines, American Airlines, JetBlue's Mint, Kennedy International, Boston Logan International, Airbus, CNBC Locations: New York, Boston

☆ We went on an African safari for the first time. Our trip would've been better if we'd known these 5 things before we left.
▼ + stars: | 2024-09-19 | by ( Jackie Longo | ) www.businessinsider.com time to read: +1 min

I ended up having to wear clothes from the gift shop and wash my undergarments in a sink. The largest and heaviest bags are sometimes left behind and brought in on a later flight. Since the lodge's laundry service had a too-long turnaround time, I had to wash my underwear and socks in the sink with a hotel soap bar. I tried to buy clothing, but in this remote part of Africa, we only had access to the lodge's gift shop. You can imagine the dirty looks I got from other tourists when I showed up for our safari in my shirt as if I hadn't known the proper dress code.

Persons: Jackie Longo, hadn't Organizations: International Locations: Africa, New York City, Nairobi, Mt, Kilimanjaro

Amelia is the latest generative AI tool that Amazon has brought to market in the past year as it seeks to capitalize on the hype sparked by OpenAI's ChatGPT. The company has introduced an AI-powered shopping assistant named Rufus, a chatbot for businesses dubbed Q and Bedrock, a generative AI service for cloud customers. More than 400,000 of Amazon's millions of third-party sellers have used its AI listing tool, up from 200,000 in June, he said. With Amelia, Amazon is counting on generative AI to help with a key issue for third-party merchants — account troubleshooting. Amazon said the tool uses retrieval-augmented generation, or RAG, a popular AI industry framework that combines generative AI with long-established methods of information retrieval.

Persons: Nathan Stirk, Amelia, OpenAI's ChatGPT, Rufus, Anthropic, Andy Jassy, Jassy, Thos Robinson, it's, Dharmesh Mehta, Mehta Organizations: Getty, Central, CNBC, New York Times, Google, Microsoft, Merchants Locations: New York City, Seattle .

☆ This once-obscure power company is a 'unicorn' poised for new highs on data center demand, analysts say
▼ + stars: | 2024-09-19 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Talen's surge comes on the back of its deal to sell a data center campus to Amazon Web Services and supply the facility with nuclear power from the Susquehanna station northwest of Allentown, Pennsylvania. The deal is viewed as a trailblazing agreement for the power industry, and Wall Street has taken notice. A year ago, Talen was not covered by any Wall Street analysts, according to FactSet data. And Talen's assets are located almost entirely in the PJM grid, a predominantly mid-Atlantic region where power prices are expected to explode as demand outstrips supply due in part to growing data center load. Data center developers are expected to spend $250 billion annually on data centers, Barclays analyst Nicholas Campanella said in a note this week.

Persons: Talen, Shahriar Pourreza, Pourreza, TLN, William Appicelli, Nicholas Campanella, Campanella, amortization, Appicelli Organizations: Talen Energy Corporation, Amazon Web Services, Street, Barclays, Guggenheim, Jefferies, UBS, Susquehanna, Talen Energy, AWS, American Electric Power, AEP, Federal Energy Regulatory Commission Locations: Susquehanna, Allentown , Pennsylvania, Wednesday's

☆ Lebanon attacks: What we know about the pager and walkie-talkie explosions
▼ + stars: | 2024-09-19 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

CNN —Lebanon is reeling after facing deadly back-to-back attacks targeting Hezbollah members – with pagers simultaneously exploding across the country on Tuesday, then walkie-talkies detonating in a similar fashion on Wednesday. At least 22 people, including children, have died so far from the two attacks, which Lebanese officials have blamed on Israel. Firefighters put out flames and a crowd gathers after a reported explosion in Saida, Lebanon, on September 18, 2024. How have Hezbollah, Israel and the world responded? It appears US officials were largely in the dark until reports emerged of the explosions, according to three sources familiar with the matter.

Persons: pagers, Mahmoud Zayat, Benjamin Netanyahu, Israel, Mohamed Azakir, ICOM, “, Abdallah Bou Habib, Yoav Gallant, ” Gallant, ” Organizations: CNN, pagers, Firefighters, Getty, Hamas, American University of, American University of Beirut Medical Center, The New York Times, NBC News, Lebanon’s, United Nations Security Council, Israeli, UN, ”, Human Rights Watch Locations: Lebanon, Israel, Beirut, Iran, Saida, AFP, Gaza, Yemen, Syria, Iraq, Israeli, American University of Beirut, Asia, Europe, Hungarian, Budapest, United States

☆ Shenzhen, China: Schoolboy, 10, killed in new China stabbing attack near Japanese school
▼ + stars: | 2024-09-19 | by ( Nectar Gan | Junko Ogura | ) edition.cnn.com time to read: +3 min

The boy was attacked by a man about 200 meters (650 feet) from the gates of the Japanese school in Shenzhen, a tech-hub metropolis home to many Japanese businesses, according to China’s foreign ministry. But Japanese nationality is required for enrollment at the Shenzhen Japanese School, according to its website. Following that attack, Japan’s foreign ministry told Japanese schools to review their safety measures, Kamikawa said. At a regular news conference Wednesday, Chinese foreign ministry spokesperson Lin Jian said the case was being investigated. China’s foreign ministry has described both attacks as isolated incidents and did not release further information on the motives.

Persons: Yoko Kamikawa, “, Kamikawa, Lin Jian Organizations: Tokyo CNN, Shenzhen Japanese School Locations: Hong Kong, Tokyo, China, Shenzhen, Suzhou, Jilin

"Food Wars" hosts Harry Kersh and Joe Avella travel across Las Vegas to find the best steakhouse in the city. They'll be visiting three locations in just one day to see what the city has to offer. This is "Food Tours." This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Harry Kersh, Joe Avella Organizations: Business Locations: Las Vegas

☆ Huawei's new trifold smartphone is being released tomorrow, and it's already creating a frenzy on resale sites
▼ + stars: | 2024-09-19 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

Huawei's new smartphone is being listed on resale sites for three times its retail price. The Mate XT will feature a tri-fold design and have generative AI features. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Huawei's new trifold smartphone, the Mate XT, is set to hit stores on Friday.

Persons: —, it's, Lin Shen Organizations: Service, Huawei, South China Morning, Business

☆ I spent over 5 years setting up new iPhones in Apple stores. Here's what launch day is like for employees.
▼ + stars: | 2024-09-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

In my nearly six years with the company, I worked in almost all of the Apple Store locations in the Dallas-Forth Worth area. Launch day preparations began a week ahead. They wanted to keep launch day special, with first reactions being from actual customers instead of Apple employees. Pretty much everyone was a salesperson on launch day. AdvertisementAnd then there were those who came in after launch day by accident — they were more interested in testing out the phones to see what they were all about.

Persons: —, weren't, We'd, You've, Apple Organizations: Service, Apple, Business, Apple Intelligence Locations: Texas, Dallas, Forth Worth, bro, California

☆ China's Alibaba launches over 100 new open-source AI models, releases text-to-video generation tool
▼ + stars: | 2024-09-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The newly-released models, known as Qwen 2.5, are designed for use in applications and sectors ranging from automobiles to gaming and science research, Alibaba said. AI models are trained on huge amounts of data. By open sourcing the models, Alibaba hopes more users will use its AI. Alibaba also launched a new text-to-video tool based on its AI models. "Alibaba Cloud is investing, with unprecedented intensity, in the research and development of AI technology and the building of its global infrastructure," Eddie Wu, CEO of Alibaba, said in a statement.

Persons: Alibaba, Max, Sora, Eddie Wu Organizations: Baidu, Huawei, titans, Microsoft, Max Locations: Nanjing, Jiangsu province, China, Hangzhou

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