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Based on previously published work, we hypothesized that Black patients would receive less multimodal analgesia than White patients, and we found that as well,” Faraday said. Having data on each patient’s self-reported level of pain – and whether there was any difference in the amount of pain among Black and White patients – would have added to the findings, Carrillo said. The researchers also found that, among those with the highest pain scores recorded, Black patients were significantly less likely to receive painkillers than White patients. Research published in 2007 in the Journal of the National Medical Association found that physicians are twice as likely to underestimate pain in Black patients compared with all other ethnicities combined. However, the data showed that White patients were twice as likely to be airlifted compared with Black patients and almost two times more likely compared with Hispanics and other races.
Persons: Nauder Faraday, ” Faraday, , Black, Faraday, , Eli Carrillo, Carrillo, ” Carrillo, Brown, there’s, ” Dr, Dionne Ibekie, ” Ibekie, Dr, Sanjay Gupta, American Society of Anesthesiologists, White Organizations: CNN, American Society of Anesthesiologists, Johns Hopkins University School of Medicine, Johns Hopkins Hospital, Johns Hopkins University, Stanford Medicine, , Stanford, JAMA, National Medical Association, National Academy of Science, Health, CNN Health, American Society of, Nationwide Children’s Hospital, Montefiore Medical Locations: Philadelphia, Illinois, White, Ohio, New York
San Francisco CNN —Philip G. Zimbardo, the psychologist behind the controversial “Stanford Prison Experiment” that was intended to examine the psychological experiences of imprisonment, has died. Stanford University announced Friday that Zimbardo died Oct. 14 at his home in San Francisco. In the 1971 prison study, Zimbardo and a team of graduate students recruited college-aged males to spend two weeks in a mock prison in the basement of a building on the Stanford campus. The experiment is now used in psychology classes to study the psychology of evil and the ethics of psychological research with human subjects, Stanford said. Zimbardo is survived by his wife, Christina Maslach Zimbardo, three children and four grandchildren.
Persons: San Francisco CNN — Philip G, Zimbardo, , Stanford, Christina Maslach Zimbardo Organizations: San Francisco CNN, Stanford, Stanford University Locations: San, San Francisco
Workers value remote work as much as a 7% to 8% pay increase, a new survey finds. Teleworking has increased, even as firms try to pull their workers back into the office. The push and pull between workers, their employers, and the office has been a years-long battle in the wake of the pandemic. And a new survey update shows how much remote workers value the ability to work from home — and what it may cost for firms to lure them back in. Remote jobs are becoming scarcer, and that's even led some workers to cling to roles they might not otherwise enjoy.
Persons: , Nicholas Bloom, Bloom Organizations: Service, Stanford University, Labor Statistics
The climate crisis is an often-hidden financial risk when buying a house. AdvertisementThat's why it's important to take stock of the climate risks your home faces in the coming decades. Remember those estimates aren't a crystal ballClimate-science experts outside the company have some reservations about First Street's flood and wildfire estimates, though. Heatmap reported that First Street probably underestimates wildfire risk in wildfire-prone areas and that flood risk is very difficult to accurately model. You can try to cross-check flood risk with other sources like seeing if the town or city has flood maps available.
Persons: you'll, Jeff Gritchen, Jeremy Porter, Michael Wara, Heatmap, Porter, Marta Lavandier, that's, It's, Leslie Chapman, Henderson Organizations: Service, Coronado Pointe, MediaNews, Orange, Getty, Stanford Woods Institute for, Heatmap, AP, Federal Alliance, Safe Homes, Federal Emergency Management Agency Locations: Coronado, Laguna Niguel , California, Florida, California, Hurricane Milton
Wall Street is trying to make AI search sexy
  + stars: | 2024-10-18 | by ( Bianca Chan | ) www.businessinsider.com   time to read: +8 min
Finance firms and fintech startups are trying to use generative AI to improve search capabilities. Perfecting search, down the line, could lead to more automation and more complex generative AI tools. It has already onboarded some-25 Wall Street firms onto its generative AI platform. AdvertisementMeanwhile, two Stanford grads came together to build Mako, a generative AI associate for the private-equity industry. The search tool is the bank's second such generative AI tool, the first being a generative AI developer co-pilot that helps software engineers code more efficiently.
Persons: Goldman Sachs, Blackstone, , Goldman hoovered, Neema Raphael, Raphael, it's, Morgan Stanley's, Keri Smith, Smith, Jeff McMillan, Gabe Stengel, Stanford grads, It's, Peter Anderson, Familiarizing, Goldman Organizations: Service, Bloomberg, Nasdaq, Goldman, Blackstone, Google, Bank of America's, Accenture, Stanford, Balyasny Asset Management Locations: Wall, OpenAI
Loop Images | Getty ImagesAt the nation's top schools, including many in the Ivy League, acceptance rates hover near all-time lows. For those willing to pay for a four-year, private college, it should be worthwhile, the sentiment often goes. To get into this elite group of schools, many families look for outside help to get a leg up. The vast majority of students come from New York City private schools with household incomes over $1,500,000 according to Howell's account. However, the wealthiest students hailing form the country's top private schools are primarily competing amongst themselves as schools look to build a diversified class.
Persons: Thomas Howell, Howell, Ivy League — Brown, Hafeez Lakhani, Lakhani, they've, Christopher Rim, Covid, Organizations: Ivy League, Princeton University, Forum Education, Cornell, Dartmouth, Harvard, University of Pennsylvania, Yale, University of Chicago, Massachusetts Institute of Technology, Stanford, Finance, Navy, Command, Rim, Command Education, Test, Christopher, Education, National Association for College, Counseling, National Bureau of Economic Research Locations: York, Columbia, Princeton, Duke, New York, New York City
I'm a Gen X child from the San Francisco Bay Area. Since that first move, I've lived in Alabama, Virginia, and Texas and returned to the Bay Area. The main difference was that the Bay Area was more diverse than Phoenix at that time. The Bay Area had changed so muchWe moved to Half Moon Bay in the San Francisco Bay Area, and in 2017, I got a job at UC Berkeley. People moved in and out of the Bay Area a lot, so it was hard to make lasting social connections.
Persons: Rosanna Guadagno, Guadagno, , I've, I'd, Dallas, didn't, we'd Organizations: Service, San, Santa Clara University, US, University of Alabama, Alabama, National Science Foundation, University of Texas, Dallas, Big Tech, San Francisco Bay Area, UC Berkeley, Stanford, University of Oulu Locations: California, Alabama, Texas, Finland, San Francisco Bay Area, Phoenix, Alabama , Virginia, Bay, Arizona, Tuscaloosa, . Texas, Virginia, Washington ,, Dallas, Austin, Silicon Valley, San Francisco Bay, Oulu, Switzerland
You have to use the strategy in moderation, and earnestly, for it to be effective, says Abrahams: "People can smell humblebrags." Think about your responsesThoughtfully responding to questions and compliments is an easy way to display humility, according to Abrahams. "When I say, 'I'm still working on my communication skills,' I'm really trying to take pressure off the other person and show that we're in this together," says Abrahams. Avoid being self-deprecating, or your colleagues will feel like you're fishing for compliments, he adds. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Matt Abrahams, Abrahams, Charlene Li, I'm, Andy Jassy, Jeff Bezos, Jassy, Bezos, you've, it's Organizations: Stanford University, CNBC, Duke University, Amazon
Nichole Wischoff screened over 500 applications before making her first hire for her VC fund. AdvertisementThis as-told-to essay is based on a conversation with Nichole Wischoff, 34, founder of Wischoff Ventures. Business Insider previously published an essay about her first recruit at Wischoff Ventures, Neal Mintz, and his hiring experience. I spent most of my career working at startups and had to brute-force my way to starting Wischoff Ventures from scratch. Screening through 500 applications to find the perfect hireI started recruiting for my fund's first full-time hire earlier this year.
Persons: Nichole Wischoff, Wischoff, Neal Mintz, Mintz, , Neal, Nichole Wischoff's, you've, Don't, you'd Organizations: Service, Wischoff Ventures, Venture, Stanford Locations: San Francisco, New York
CNN —Already multitool smart devices, Apple Watches added another buzzworthy feature last month: an app to detect sleep apnea. The sleep apnea notification is available on the latest Series 10 Apple Watches and some older models after a software update. In order to detect sleep apnea, the watch measures breathing disturbances during sleep over 30 days. But the US Food and Drug Administration approved marketing of the sleep apnea feature on Apple Watches in mid-September. The Apple Watch has a few of these capabilities, but the company did not factor them into the sleep apnea feature.
Persons: It’s, , Robson Capasso, ” Capasso, Erring, Apple, Jing Wang, Wang, ” Wang, Eric Topol, , ” Topol, Capasso, Dr, Sanjay Gupta, they’re Organizations: CNN, Apple, Stanford University School of Medicine, Food and Drug Administration, Apple Watch, Scripps, Research, Get CNN, CNN Health Locations: Sinai
The parents of a Massachusetts high school senior are suing his teacher, school district faculty members and a local school committee for punishments he received after he used artificial intelligence tools to research and create an outline for a history class essay. The lawsuit is one of the first of its kind in contesting school discipline over the use of AI to complete academic work. The complaint said the school’s AI policy was added to the Hingham High School student handbook only the year after the plaintiff’s son was punished. “It’s underregulated, especially in a school setting,” Peter Farrell, the family’s lawyer, said about AI in a phone interview. “AI is an output from a machine.”The student’s school district, Hingham Public Schools, said it was unable to provide further details during ongoing litigation and to respect the student’s privacy.
Persons: “ It’s, ” Peter Farrell, , ” Farrell, Farrell, Kareem Abdul, Jabbar, Dale, Jennifer Harris, He’s, ” Adam Nguyen, Ivy Link, Nguyen, Stanford Organizations: Ivy League, National Honor Society, Hingham High School, Hingham Public Schools, Stanford University, ACT, AP U.S, Artificial Intelligence, Ivy, Harvard Law School Locations: Massachusetts, Hingham
SpaceX compared itself to another space company in its lawsuit against a California agency. Phantom Space CEO Jim Cantrell, a longtime colleague of Elon Musk, supports SpaceX. AdvertisementCantrell told BI that the company got approval for 12 launches at a separate Space Launch Complex at the base. The space rocket company says in the lawsuit that the commission was trying to "unlawfully regulate space launch programs" at Vandenberg military base. Driesen pointed out that SpaceX's lawsuit emphasizes an administrative law claim that federal law prohibits the commission from interfering in the company's launch plan.
Persons: Jim Cantrell, Elon, , Elon Musk, Vandenberg, Cantrell, Eugene Volokh, Volokh, David Driesen, Musk, Driesen Organizations: SpaceX, Phantom, Service, California Coastal Commission, Vandenberg Space Force Base, Business, United States Space Force, Vandenberg, FAA, Elon, California Coastal, UCLA, Hoover Institution, Stanford University, Syracuse University Locations: California
SpaceX has sued the California Coastal Commission. Legal experts said Musk will need to prove the commission would have granted the flights, if not for Musk's politics. In the lawsuit, filed in the US District Court for the Central District of California, Musk's SpaceX accused the commission of '"unconstitutional overreach" after members criticized his political leanings during a meeting about whether to approve more frequent SpaceX launches off the California coastline. "But if a court concludes that it's more likely than not that the result would have been different but for Musk's speech, then there would be a violation," said Volokh. AdvertisementNeither SpaceX nor the California Coastal Commission immediately responded to requests for comment from Business Insider.
Persons: , Elon Musk, Gretchen Newsom, Musk, Caryl Hart, Eugene Volokh, David Driesen, Driesen, Volokh, Sarah Kreps, Kreps Organizations: SpaceX, California Coastal Commission, Service, Court, Central, Central District of, US Space Force, Vandenberg Space Force, UCLA, Hoover Institution, Stanford University, Syracuse University, Tech, Institute, Cornell University, California Coastal, Business Locations: California, Central District, Central District of California
Parents in Massachusetts are suing a school over their son being punished for using AI. AdvertisementThe parents of a Massachusetts teenager are suing his high school, claiming their son was unfairly punished for using AI, as educators grapple with how to handle the widespread use of AI. AdvertisementJennifer and Dale Harris filed the lawsuit last month against Hingham High School, its administrators, and the school district, in which they alleged the defendants imposed "arbitrary and capricious" discipline on their child. Harris said that she would like to see the school "put in place an AI policy that makes sense." Matthew Sag, a professor of law in AI, machine learning, and data science at Emory University Law School, told BI that the school handbook's outlined policy is "hopelessly vague and unfair."
Persons: , they'd, Ryan Abbott, Jennifer, Dale Harris, Jennifer Harris, WCVB, WCBV, Harris, Matthew Sag, Sag, John Zerilli, Peter Farrell Organizations: Service, Study.com, University of Surrey, Hingham High School, National Honor Society, ACT, Stanford University, Stanford, Business, Artificial Intelligence, Emory University Law School, University of Edinburgh, Oxford Institute for Locations: Massachusetts, Hingham
Fed Governor Christopher Waller says recent data shows the Fed should ease more cautiously. The Fed cut rates by a50-basis points last month and is expected to make a smaller cut next month. AdvertisementWaller said recent data, though, shows an economy that's still hot. He pointed to recent data on employment, inflation, income and gross domestic product. Waller said he will be watching closely for any further data that shows the Fed should ease less aggressively.
Persons: Christopher Waller, Waller, , Waller's Organizations: Service, Stanford University, Fed
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could still be running at a hotter-than-desired pace. The Federal Open Market Committee at its September meeting took the unusual step of lowering its baseline interest rate by a half percentage point, or 50 basis points, to a target range of 4.75%-5.0%. Along with the cut, officials indicated the likelihood of another half point lopped off in the final two meetings of 2024, along with another full percentage point of cuts in 2025. In the final revision for second-quarter growth, the Commerce Department also punched up the level of gross domestic income gain to 3.4%, an adjustment of 2.1 percentage points from the previous estimate and closer in line with GDP. “These revisions suggest that the economy is much stronger than previously thought, with little indication of a major slowdown in economic activity,” Waller said.
Persons: Christopher Waller, ” Waller, Waller, Organizations: Federal, Stanford University, The, Fed, Commerce Department
US stocks hit record highs on Monday as investors get ready for a wave of earnings reports. Over 80 S&P 500 companies, including Netflix and Goldman Sachs, report earnings this week. Monday's close marked the S&P 500's 46th record close of the year, as investors continue to power the two-year-old bull market higher. More than 80 S&P 500 companies are scheduled to report third-quarter earnings results this week, with major names like Netflix, Goldman Sachs, and Morgan Stanley on deck. According to data from Fundstrat, 6% of S&P 500 companies have already reported their results.
Persons: Goldman Sachs, Fed Governor Waller, , Monday's, Morgan Stanley, Adriana Kugler, Christopher Waller, Waller Organizations: Netflix, Fed, Service, Dow Jones, Dow, Federal, Stanford University's Hoover Institution Locations: Fundstrat, Here's
Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday. Ratan Tata "was a visionary business leader, a compassionate soul and an extraordinary human being," Indian Prime Minister Narendra Modi said on social media platform X. He founded telecommunications firm Tata Teleservices in 1996 and took IT firm Tata Consultancy Services, the group's cash cow, public in 2004. Tata Motors then acquired British luxury auto brands Jaguar and Land Rover from Ford Motor Co in 2008 for $2.3 billion. The Tata Group said Mistry had failed to turnaround poorly performing businesses while Mistry accused Ratan Tata, who was chairman emeritus of the conglomerate, of interfering and creating an alternate power center at the group.
Persons: Ratan Tata, Ratan, Narendra Modi, Telco, J.R.D, Tata, Tata Teleservices, Tetley, Ratan Tata's, Cyrus Mistry, Shapoorji Pallonji, Mistry, Ola Organizations: Tata Group, Ratan Naval Tata, Cornell University, Tata, Tata Motors Ltd, Tata Steel Ltd, National Radio & Electronics Company, Tata Consultancy Services, Stanford Graduate School of Business, Corus, Tata Motors, Rover, Ford Motor Co, India —, Tata Sons, Urban Company Locations: India, Dutch, Indian
New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.
Persons: FinCEN, TD Bank’s, ” John Aiken, , Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, , Justice, Treasury, CNN Locations: New York
My homeowner nightmare
  + stars: | 2024-10-10 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +11 min
The moment I saw I had an email from my solar company, I knew my nightmare was about to take another unsettling turn. But he didn't know any more than I did about how much longer my solar panels would remain useless. Meanwhile, my solar panels have been sitting on my roof for four months, entirely unused, taunting me from above. AdvertisementI also reached out to California's Contractors State License Board, which regulates solar companies, asking what recourse SunPower's customers had. But it seems ludicrous to buy a solar system that I had no intention of buying in the first place.
Persons: I'd, SunPower, it's, , Severin Borenstein, Ernst & Young, Gordon Johnson, Johnson, Forbes, David F, Larcker, Brian Tayan, Pavel Molchanov, Raymond James, There's, haven't, I'm, Vishal Persaud Organizations: Pacific Gas and, Berkeley's Haas School of Business, Nasdaq, GLJ Research, Stock, Industry, Sun Solar, California's Contractors, Board, Business Locations: Fresno , California, New York City, California, America, Fresno,
New York CNN —“Mtn Dew” is getting a makeover, with the word “mountain” reappearing on cans and bottles following a roughly two-decade-long hiatus. “Mountain Dew appears ready to shake off the adrenaline rush that has defined the brand’s marketing for almost two decades, when a key strategy was to market Dew like an energy drink to an energy drink crowd,” Duane Stanford, editor and publisher of Beverage Digest, told CNN. A major change in marketing is essential for Mountain Dew. The new look for Mountain Dew is more about an “evolution and nurturing that we wanted to give to this beloved franchise,” said JP Bittencourt, vice president of marketing at Mountain Dew. “This design has been in the works for some time, so this is not a response to anybody.”A rebrand could also attract drinkers that have perhaps forgotten about Mountain Dew.
Persons: ” Duane Stanford, Spelling, , Mauro Porcini, Porcini, ” Porcini, Stanford, Ramon Laguarta, ” —, Bittencourt Organizations: New, New York CNN —, Mtn, PepsiCo, CNN, Beverage Digest, Mist, Dew, Rockstar Energy Locations: New York, North America, Tennessee Smoky
It's sought to position itself as the safer, more responsible AI company. She, along with her brother Dario, was part of the team that left OpenAI with the goal of creating a more responsible AI company. Krishna Rao, Chief Financial OfficerAs any emerging AI company can attest, conducting groundbreaking research isn't enough. In this role, he's building deep relationships with users and helping to turn Anthropic's research into a mass-market product. These capabilities are essential to Anthropic's positioning of itself as the safer AI company.
Persons: Anthropic, It's, , OpenAI's, Dario Amodei, Amodei, Dario, Daniela Amodei, She's, Jack Clark ,, Clark, Jared Kaplan, Kaplan, Chris Olah, Sam McCandlish, McCandlish, Tom Brown, Brown, Krishna Rao, Rao, Mike Krieger, São Paulo, Krieger, Claude, Brian Israel, it's, Brian, Sam Bowman, Bowman, Jan Leike Organizations: Service, OpenAI's ChatGPT, Google, Princeton University, Hertz, Stanford University School of Medicine, sager, Bloomberg, Harvard, Johns Hopkins University, Research, Organization, Core Resources, Stanford University, Brandeis University, Core, Blackstone, Bain & Company, Anthropic, State Department, NASA Locations: OpenAI, Anthropic, Airbnb, São, Menlo Park, San Francisco, New York, Israel
Cherie Luo worked at a matcha farm as part of a requirement during her time at Stanford Graduate Business School. She graduated from Stanford Graduate School of Business in June. In order to graduate, Stanford MBA students are required to fulfill an international program known as the Global Management Immersion Experience. However, the opportunity to work at a matcha farm in Japan for a month stood out. I'm starting a matcha business with my sisterThe matcha farm was located in Wazuka, a town an hour from Kyoto.
Persons: Cherie Luo, Luo, , matcha, Daiki Tanaka, san, that's, we've Organizations: Stanford Graduate Business School, Luo, Service, Stanford Graduate School of Business, Stanford, Global Management, LinkedIn Locations: Silicon Valley, Long Island, Manhattan, Asia, Hong Kong, Indonesia, Japan, New York, Flushing , Queens, Wazuka, Kyoto
Attendance was tracked, but the system was flexible in practice, and many ended up leaving at lunchtime, Dell workers told Business Insider. Some parents and other caregivers on the sales team told BI that the lack of notice sparked panic. Two other parents at Dell told BI they were facing the same issue finding day care. Workers told BI that Dell's Round Rock HQ has been busy since the company introduced a 5-day RTO for the sales team. Brandon Bell / GettyTwo parents from the sales team told BI that managers were trying to be lenient where they could.
Persons: Dell, they've, , they'd, Bill Scannell, John Byrne, Scannell, Byrne, Michael Dell, Brandon Bell, Nick Bloom, wouldn't, Johnny C, Taylor, it's Organizations: Dell, Business, Service, Global, BI, Workers, Stanford, Society for Human Resource Management
The UAE's AI minister believes we'll have "centers and nodes of excellence across the world." Last year, the country's wealthiest emirate, Abu Dhabi, launched Falcon — its first open-source large language model. Abu Dhabi's ruling family also controls several of the world's largest sovereign wealth funds, including the Abu Dhabi Investment Authority and Mubadala Investment Company, a founding partner of MGX. In 2010, New York University launched a branch in Abu Dhabi that has since developed a focus on AI. Its "true strengths lie in the leadership's strategic vision, substantial investments in AI research and compute capacity, and government-led initiatives in industry.
Persons: we'll, , Omar Sultan Al Olama, Al Olama, Abu Dhabi's, PwC, It's, Mohamed bin, Abu Dhabi, Nancy Gleason, Mohamed Organizations: United, United Arab Emirates, Service, Stanford's Center, Atlantic Council, International Trade Administration, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Atlantic, New York University, University of Artificial Intelligence, Intelligence, NYU Abu Locations: United Arab, Silicon Valley, Malta, Paris, United Arab Emirates, UAE, Silicon, Abu Dhabi, United States, China, Dubai, University, Abu, NYU Abu Dhabi
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