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AdvertisementJPMorgan tech exec Teresa Heitsenrether talked about the bank's ongoing adoption of generative AI. And it certainly has helped with that," Heitsenrether, who is responsible for executing the bank's generative AI strategy, told a conference in New York on Thursday. AdvertisementDimon himself is a "tremendous user," she said, and is waiting for the ability to use the bank's tools on his phone. JPMorgan, America's largest bank, has now rolled out the LLM Suite, a generative AI assistant, to 200,000 of its employees. The wealth and asset management arm was the first division to use generative AI, piloting a generative AI "copilot" for its private bank this summer.
Persons: Teresa Heitsenrether, Heitsenrether, it's, Jamie Dimon, Dimon, He's, Keri Smith, What's, she'll, Sumitra Ganesh, Ganesh Organizations: JPMorgan, Accenture Locations: New York
Rutkay is a full-time makeup artist who sometimes works up to 16-hour days on movie and television sets. Her side hustle, Citymouse, sells cross-body diaper bags with changeable straps. I think creating a business that fills a need is the best possible way to grow and sustain a brand — a lot of people can do that. When I started Citymouse, I took a six-week course with a spiritual life coach and realized I felt very badly about my previously failed [side hustles]. I didn't spend money on advertising because I thought if I made a listing with strong SEO, people would magically find it.
Persons: they've, Alexandra Rutkay, Saint Laurent crossbody, Rutkay, David, Citymouse, weren't, She's, she's, I've Organizations: CNBC, Amazon Locations: cnbc.com, New York
AdvertisementThe new "Wicked" movie musical is a prequel to "The Wizard of Oz." Spoilers ahead for "Wicked" movie and Broadway show"Wicked" is a prequel to "The Wizard of Oz," but the story starts halfway through the original 1939 movie. The "Wicked" movie and Broadway show, however, are based on Gregory Maguire's 1995 revisionist novel "Wicked: The Life and Times of the Wicked Witch of the West." Glinda the Good Witch gives Dorothy the Wicked Witch of the East's ruby shoes. AdvertisementThe movie follows the musical and book's plot where Elphaba, the Wicked Witch of the West, didn't start out wicked.
Persons: Oz, Frank L, Baum, Gregory Maguire's, Maguire, Cynthia Erivo, Dorothy Gale, Toto, Glinda, Dorothy, Elphaba, Ariana Grande, didn't Organizations: Broadway Locations: Kansas, Oz, Elphaba's, Munchkinland
AdvertisementHealthcare startup Forward just closed its doors last week, but its executives are already onto their next venture. Related VideoLesser told former Forward employees that Aoun will serve as a cofounder, board member and advisor to the new startup, per the messages. It's unclear what the startup will focus on as a business or if any of Forward's previous investors will be involved in the new venture. AdvertisementIt's an ultra-quick turnaround from Forward's leaders after the startup announced on November 13 that it would immediately shutter its more than a dozen locations and lay off its nearly 200 employees. AdvertisementOn a Friday episode of The Information's More or Less podcast, Aoun said he's already hearing interest from Forward's investors to back his next venture.
Persons: Adrian Aoun, Jonathan Lesser, Bali Raghavan, Lesser, Salesforce's Marc Benioff, Raghavan didn't, , Aoun, he's, I've Organizations: Healthcare, Bali, Business, Forward, Khosla Ventures, Softbank Locations: Silicon Valley
AdvertisementBitcoin is hovering near $100,000 as Trump considers a new crypto chief for his administration. Charles Schwab's incoming CEO said he has not personally invested in crypto and prefers stocks. Schwab plans to enter spot crypto trading, pending regulatory changes under Trump's policies. "Well, I think what's holding me back is just a question around the true value of crypto," he said. Advertisement"We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change, and we're getting ready for that eventuality," Wurster said.
Persons: Charles Schwab's, Schwab, Crypto, they've, Rick Wurster, Wurster, he's, Donald Trump's, Bitcoin, Trump, I've, I'm, They've, Andreessen Horowitz, we're Organizations: Trump, Bloomberg, Biden, Fidelity Investments, Robinhood Locations: bitcoin
In "Gladiator," Lucius is just a child — here's what you need to know about him. In "Gladiator II," Paul Mescal's Lucius is a vengeful heir to the throne who's out for blood — but in the first "Gladiator" film, his character is just an innocent child who mucks up his parents' coup d'état. Compared to his appearance in the first film, Lucius is a bit difficult to recognize. Here's what you need to know about Lucius, and how Mescal's storyline in "Gladiator II" connects to the first film. "Gladiator II" reveals that Maximus was really Lucius' father.
Persons: Paul Mescal, Lucius Verus, Lucius, Maximus, Paul Mescal's Lucius, mucks, Ridley Scott's, Russell Crowe, Joaquin Phoenix . Long, Maximus Decimus Meridius, Crowe, Emperor Commodus, Phoenix, Empress Lucilla, Connie Nielsen, Denzel Washington, Macrinus, Aidan Monaghan, Marcus Aurelius, Commodus, Lucilla, Spencer Treat Clark, Rome, haggard, Marcus Acacius, Pedro Pascal, Denzel, Rome —, Lucilla — Lucius Organizations: Paramount, DreamWorks, Denzel Washington, Universal Locations: Rome, Numidia, North
The atlas suggests ovaries are an untapped, rapid way to study human longevity treatments. Or, more specifically, test them out on aging ovaries, whether in well-controlled human studies, in the ovaries of mice, or in donor tissue samples. It shows that ovarian aging is a great proxy for overall human aging at a molecular level — ovarian aging is just happening several decades earlier, and very rapidly. So more and more people are paying attention to this concept of ovarian aging and considering it as a true aging process." Her study displays in fine cellular and molecular detail how human ovaries age, and how genetics impact the process.
Persons: Yousin Suh, Suh, Francesca Duncan, Duncan, It's Organizations: Columbia University, Northwestern University, Getty Locations: perimenopause
In the emerging AI software battle between Microsoft and Salesforce , investors do not need to pick a side. The announcements came roughly one year after the tech giant launched a suite of AI assistant tools called Microsoft 365 Copilot. Both companies leaning into AI agents is notable because Salesforce CEO Marc Benioff has not been hesitant to attack Microsoft's competing AI offerings. Salesforce stock is up 28% year to date versus Microsoft's roughly 9% gain since the start of 2024. I don't want to go against Microsoft," Jim said.
Persons: Jim Cramer, , Marc Benioff, Benioff, who's, Satya Nadella, Nadella, They're, We've, Salesforce, Slack, Agentforce, Jim, it's, Jim Cramer's, Salesforce's Dreamforce, Justin Sullivan Organizations: Microsoft, Deutsche Bank, Club, CNBC, Getty Locations: Agentforce, Salesforce's, Mulesoft, San Francisco , California
Munster, managing partner at Deepwater Asset Management, said he isn't holding his breath for an Apple TV. Munster said it's still a "painful topic" since he spent a lot of time looking into the Apple TV and was emphatic that it would happen. However, in 2014, another author, Yukari Iwatani Kane, wrote in "Haunted Empire: Apple After Steve Jobs" that Jobs told Apple employees in 2010 that a TV set wasn't happening. The lesson Munster learned about a company assembling a team and putting resources behind projects that may remain on the shelf continues to apply. Still, Munster's lesson didn't stop him from making a plea for CEO Tim Cook to bring the Apple TV to shelves.
Persons: Gene Munster, he's, Munster, Apple, it's, I'm, Walter Isaacson, Steve Jobs, Yukari Iwatani Kane, Jobs, Tim Cook Organizations: Apple, Bloomberg, Munster, Deepwater Asset Management, Apple TV
Grocery inflation just hit its peak after a single banana was sold for $6.2 million on Wednesday. Cryptocurrency entrepreneur Justin Sun dropped over $6 million on the piece of produce — because it was duct-taped to a wall. The banana is part of a piece of artwork called "Comedian," created by the Italian artist and satirist Maurizio Cattelan. People view Maurizio Cattelan's "Comedian" on Oct. 25, 2024, in New York City. But the value of the artwork is not in the banana itself — it's derived from the certificate accompanying the purchase.
Persons: Justin Sun, Maurizio Cattelan, Maurizio Cattelan's, John Nacion, Sun, , Sun's, , ” David Galperin Organizations: Getty, CNBC, Associated Press, Art Basel Miami Locations: Italian, New York City, John
JonBenét Ramsey's father still clings to hope that his daughter's killer can be caught, saying Thursday he welcomes new pop culture attention on the nearly 28-year-old slaying. "I believe it can be solved if the police accept help from outside their system. Ramsey spoke on "TODAY" along with Joe Berlinger, the director of the upcoming Netflix docuseries “Cold Case: Who Killed JonBenét Ramsey,” which comes out next week. While the Ramsey murder case is seared into the minds of Gen X and Baby Boomers, Gen Z and younger Millennials might not be as aware, Berlinger said. But the father said he's met with recently appointed Boulder Police Chief Steve Redfearn and is confident the department will be open to any assistance from outside Boulder.
Persons: JonBenét, John Ramsey, Ramsey, NBC's, That's, Joe Berlinger, JonBenét Ramsey, Gen, Gen Z, Millennials, Berlinger, there's, he's, Steve Redfearn, JonBenet, ” Redfearn, ” John Ramsey, Patsy Organizations: Netflix, Boomers, Boulder, Boulder Police, NBC News, Boulder Police Department Locations: Boulder , Colorado, , Ramsey, Boulder ., Boulder
The world runs on Nvidia, says Altimeter Capital's Brad Gerstner
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world runs on Nvidia, says Altimeter Capital's Brad GerstnerBrad Gerstner, founder and CEO of Altimeter Capital, joins CNBC's 'Halftime Report' to discuss why he's buying more Nvidia after their earnings report.
Persons: Brad Gerstner Brad Gerstner Organizations: Nvidia
AdvertisementComedian Kumail Nanjiani said basic habits help him stay healthy and sane on a busy stand-up tour. Doing stand-up shows in city after city, sometimes multiple shows a day takes a huge amount of energy, the comedian and actor told Business Insider in an interview about his partnership with Quest Nutrition. AdvertisementHe works out almost dailyDespite the hectic schedule of stand-up shows, Nanjiani said he doesn't skimp on fitness. He avoids doing back-to-back shows repeatedlyNanjiani has a basic rule for keeping his mental health intact while touring. Then we'll get a nice dinner that night," Nanjiani said.
Persons: Kumail Nanjiani, Nanjiani, I'm, It's, Emily Gordon, we'll, Emily Organizations: Quest Nutrition
AdvertisementTrump wants the power to refuse to spend federal dollars that Congress has already approved. Impoundment has been floated as one way that Trump could singlehandedly enact DOGE's recommended cuts to the federal budget. Meanwhile, lawmakers on Capitol Hill — including those on the House and Senate Appropriations Committees that control government spending — don't seem concerned about Trump's impoundment power grab just yet. He added that there "would be a problem" if Trump tried to impound funding approved by both chambers of Congress. AdvertisementWhat Trump could do with such sweeping powersEven if Congress won't grant Trump impoundment powers, he has another potentially more attractive avenue — the courts.
Persons: He's, Nixon, Elon Musk, Vivek Ramaswamy, Donald Trump, doesn't, it's, Richard Nixon, Trump, DOGE's, Republican Sen, Shelly Moore Capito, haven't, I've, Robert Aderholt, Rosa DeLauro, Mark Amodei, Joe Morelle, appropriators aren't, Tom Cole of Oklahoma, Mark Paoletta, there's, Daniel Schuman, Schuman, shouldn't, Vance, Karoline Leavitt Organizations: Trump, Congress, Department of Government, Capitol, Committees, Republican, West Virginia, Alabama, Democrats, Republicans, Senate, tinker, Nevada Republican, Democratic, GOP, The Washington, Trump administration's Office, Management, American Governance Institute Locations: West, Connecticut, Nevada, New York
AdvertisementBox CEO Aaron Levie said Democrats should embrace Elon Musk. Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation. In an interview with Business Insider, Levie explained why he thinks Democrats should make an effort to embrace Musk, and how he thinks it would benefit American innovation. Levie supported Vice President Kamala Harris for president, donating to her campaign as well as President Joe Biden's before he dropped out of the race. He said he thinks Musk would be uniquely able to identify things that get in the way of progress in those areas.
Persons: Aaron Levie, Elon Musk, Kamala Harris, Levie, Joe Biden's, didn't, Donald Trump, Musk, Hillary Clinton, Joe Biden, Biden, Tesla, EVs, he'd, Sen, Chris Coons, " Coons, Coons, Pete Buttigieg, Helene, Buttigieg, Vivek Ramaswamy, Ramaswamy, Musk's Organizations: Democratic, Business, Democratic Party, Republicans, SpaceX, Twitter, White, Ford, GM, Tesla, EVs, Republican, Fox, Department of Government Efficiency, Transportation, Elon, Politico, Department of Government, Department of Defense Locations: Delaware
Here's what to know about Washington's kids: John David, Katia, Malcolm, and Olivia. John David Washington, Washington's eldest child, stars as the lead. In 2018, John David Washington told Andscape that pursuing football was a way to escape being compared to his father. In 2020, John David Washington told Esquire that he didn't tell his father about the audition until he got the role. Katia Washington has worked on several movies, including "The Equalizer," which starred Denzel Washington, "Fences," which was directed by Denzel Washington, and "Malcolm & Marie," which stars John David Washington.
Persons: Denzel Washington's, John David, Katia, Malcolm, Olivia, Washington's, John David Washington, Katia Washington, Denzel Washington, Cuba Scott, Malcolm Washington's, Olivia Washington, Young Mama Ola, Mama Ola, Samuel L, Jackson, John David Washington John David Washington, Emma McIntyre, Andscape, It's, it's, Dwayne Johnson, — Pauletta, , Spike Lee's, Christopher Nolan's, Tenet, Gareth Edwards, Katia Washington Katia Washington, Monica Schipper, Django, Marie, Malcolm Washington Malcolm Washington, Jon Kopaloff, Malcolm Washington, August Wilson, Tony, Wilson, Malcolm Washington cowrote, Oscar, Virgil Williams, Olivia Washington Olivia Washington, Amy Sussman, Latoya Richardson, Butler Organizations: Netflix, Washington, Paramount Pictures, Santa Barbara, Film, Campbell Hall High School, Morehouse College, Louis Rams, Germany's, NFL Europe, California Redwoods, United Football League, Hollywood, HBO, Broadway, Yale, Bron Studios, Windward School, University of Pennsylvania, American Film Institute, AP, Toronto Film, New York University's Tisch School, Arts, New York, New York Amsterdam News Locations: Cuba, Pauletta Washington, Washington, Atlanta, — Pauletta Washington, Hollywood, Canadian, LA, Philadelphia, Los Angeles, American, London's, California, New York Amsterdam
Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."
Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, , TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles
AdvertisementDonald Trump renegotiated a deal with Boeing for a new Air Force One in his first term as president. Following years of delays, billions of dollars, and his return to the presidency, Donald Trump is set to fly on the new Air Force One after all. In 2015, the Air Force again chose Boeing to build two new planes, this time based on the larger 747-8. The VC-25B project is known as the "Next Air Force One." Courtesy of the Air ForceWhile the government is paying $3.9 billion for the new jets, Boeing has suffered from the Next Air Force One.
Persons: Donald Trump, Trump, Dennis Muilenburg, Donald J, Boeing's, Joe Biden, Kennedy, Dave Calhoun, wasn't Organizations: Boeing, Air Force One, Next Air Force, Air Force, Force, Trump, ABC, Trump Shuttle, Reuters, Street Journal, Business Locations: Russian, United States
Trade Tracker: Brad Gerstner sells Uber
  + stars: | 2024-11-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Brad Gerstner sells UberBrad Gerstner, founder and CEO of Altimeter Capital, joins CNBC's 'Halftime Report' to discuss why he's selling Uber.
Persons: Brad Gerstner
Trump AG pick Matt Gaetz says he's withdrawing
  + stars: | 2024-11-21 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +2 min
Matt Gaetz said Thursday he is withdrawing his name from consideration as President-elect Donald Trump's pick for U.S. attorney general, ending the controversial bid that put prior allegations of sexual misconduct in the spotlight. I appreciate their thoughtful feedback - and the incredible support of so many," Gaetz said in a statement posted on his X account. "There is no time to waste on a needlessly protracted Washington scuffle, thus I'll be withdrawing my name from consideration to serve as Attorney General," he said. The Department of Justice's investigation into whether Gatez sex-trafficked a minor girl ended last year without charges being filed. The House committee, which is evenly divided between Republicans and Democrats, on Wednesday deadlocked on a vote to release a report on its probe of Gaetz.
Persons: Matt Gaetz, Kevin McCarthy, Donald Trump's, Gaetz, Vance, CNN's Paula Reid, Susan Wild of, reconvene, Trump, Karoline Leavitt, Leavitt Organizations: U.S, Trump, Republican, The, Republicans, Democrats, Gaetz, Truth, Administration, Department of Justice, CNBC, Yildirim Locations: Washington ,, Florida, Washington, Susan Wild of Pennsylvania
Denzel Washington is Hollywood royalty, but the two-time Academy Award winning actor can still recall what it was like to think that his acting career might slip away from him. In an interview with British Vogue while promoting "Gladiator II", Washington and costar Paul Mescal were asked when they felt like they had "made it" in their careers. Washington, however, was brought back to the contents of his pantry at the start of his career. "I remember keeping cans of food," he says. "Whenever I stopped hoarding cans of food, I knew I made it."
Persons: Denzel, Paul Mescal, Mescal, he's Organizations: British Vogue Locations: Hollywood, British, Washington
AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in a X post on Thursday. Musk said Bezos told people that Trump would lose and they should sell their Tesla and SpaceX stock. Elon Musk has taken aim at Jeff Bezos once more, reigniting the war of words between the world's two richest people. In a X post on Thursday, Musk said that Bezos had told people to dump their shares in his companies because Donald Trump was bound to lose the presidential election. This message about Bezos is a way to give himself an excuse to legitimately do so, by saying that 'Bezos started it.'"
Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Trump, Donald Trump, ince, ould, ake Organizations: SpaceX Locations: lon, usk, ehicles,
But the Tesla and SpaceX CEO said he's had little input on Trump's Cabinet picks. Elon Musk says he's had little input on President-elect Donald Trump's cabinet picks. He was a major contributor to Trump's campaign, spending just under $119 million on his pro-Trump political action committee, America PAC. Musk, according to multiple media reports, has joined Trump's calls with Ukrainian President Volodymyr Zelenskyy and Google CEO Sundar Pichai. Lutnick, Musk wrote in an X post on November 16, "will actually enact change," compared to another candidate, hedge fund CEO Scott Bessent.
Persons: Elon Musk, Donald Trump, he's, Musk, Donald Trump's, Haven't, Robert F, Kennedy Jr, cott, ott Organizations: SpaceX, Cabinet, New York Post, Trump's, UFC, Trump, Madison Locations: Lago, Palm Beach , Florida, usk
AdvertisementSome Trump family members will serve as unofficial White House advisors in his second term. After serving as a senior advisor during Trump's first term, Ivanka Trump will not reenter politics. President-elect Donald Trump's family members may not hold as many formal White House roles as they did during his first term, but they'll still remain important parts of his political operation. Aside from Melania Trump, who will return as first lady, Lara Trump holds the most established leadership position as cochair of the RNC. Other Trump family members like Ivanka Trump and Tiffany Trump will remain out of the spotlight.
Persons: Trump's, Ivanka Trump, Lara Trump, Ron DeSantis, Donald Trump's, they'll, Melania Trump, She's, Florida Sen, Marco Rubio's, he's, Barron Trump, Trump, Tiffany Trump Organizations: White House, RNC, Florida, Marco Rubio's Senate
As soon as the weather turned around, sales "rebounded" and the holiday shopping season is off to a "strong start" so far, said Dickson. The brand has seen four straight quarters of positive comparable sales and is benefiting from better marketing and product, the company said. Banana Republic: The trendy workwear line grew sales 2% to $469 million while comparable sales fell 1%, a bit worse than the 0.8% drop that StreetAccount had expected. Athleta: The athleisure arm of Gap's empire grew sales by 4% to $290 million while comparable sales were up 5%. In the year-ago period, comparable sales were down 19% at Athleta.
Persons: Richard Dickson, Dickson, We've, he's, StreetAccount, Alo Yoga, Chris Blakeslee Organizations: Old Navy, Fulton, Hurricanes, Navy, LSEG, CNBC Locations: Downtown Brooklyn, New York City, Banana Republic, StreetAccount ., Athleta
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