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☆ Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods
▼ + stars: | 2024-10-15 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

The video makes no mention of Fulfil's technology, but the system appears identical to the contents of a demo video on Fulfil's website. Amazon declined to comment on whether it's using Fulfil's technology. The Information reported earlier on Amazon testing Fulfil's technology. Prior to working with Amazon, the company was testing its technology with California-based retailer Lucky, which is owned by regional grocer Save Mart, and is also an Amazon grocery delivery partner. The system being piloted in Plymouth Meeting will let shoppers order items from Amazon's website and its online grocery service, Amazon Fresh, while browsing Whole Foods.

Persons: Anand Varadarajan, Mir Aamir, Tony Hoggett, Hoggett Organizations: Khosla Ventures, CNBC, Amazon, Eclipse Ventures, DCVC, Save, Foods, Research Locations: Philadelphia, San Francisco, Nashville, California, Plymouth Meeting , Pennsylvania, Plymouth

☆ Google is taking the nuclear option to power soaring demand for AI. Here's why it's such a big deal.
▼ + stars: | 2024-10-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

The search giant has struck a deal to bring new nuclear plants online to power its AI data centers. Google became the first tech giant to broker a deal for entirely new nuclear power plants after it unveiled a partnership with industry firm Kairos Power on Monday. AdvertisementGoogle CEO Sundar Pichai had previously hinted that his company was evaluating investment opportunities in nuclear power. That 86-page report didn't mention nuclear power, bar a single endnote. AdvertisementBy one estimate, a search request on OpenAI's buzzy chatbot demands around 10 times as much electricity as a general Google search.

Persons: —, Power, Sundar Pichai, Justin Sullivan, Getty, Michael Terrell, Ethan Mollick, FQtUsE0L9d, lChspwoZjC, OpenAI, Yann LeCun, Sam Altman, Altman Organizations: Google, Service, Big Tech, Wharton, Microsoft, Constellation, Amazon, Talen Energy, Susquehanna, Electric, Helion Energy Locations: East Tennessee, Baltimore, Pennsylvania, Davos, Big

☆ The year's biggest, brightest supermoon rises this week. Here's the best time to see it at its most brilliant.
▼ + stars: | 2024-10-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

AdvertisementThe biggest and brightest supermoon of the year is rising this week. When and where to see October's supermoonA supermoon rises behind a downtown office building in Kansas City, Missouri. While you don't need special equipment to see the supermoon, Ryle suggests checking it out through a telescope, if you can. REUTERS/Yannis BehrakisThis week's moon is the third of four consecutive supermoons this year. What makes this week's moon unique is that perigee and the full moon coincide most closely compared to the other supermoons, making it the biggest and brightest supermoon all year.

Persons: —, Charlie Riedel, Jennifer L, Hoffman, Space.com, Wes Ryle, Ryle, Yannis Behrakis Organizations: Service, NASA, Cincinnati Observatory, Farmers ' Locations: Kansas City , Missouri, it's, moonrise

☆ Victoria's Secret could be the next brand Gen Z brings back from the dead
▼ + stars: | 2024-10-15 | by ( Amanda Krause | ) www.businessinsider.com time to read: +11 min

Victoria's Secret seemingly has a plan to attract Gen Z shoppers and revive its relevance. AdvertisementDuring a recent visit to Victoria's Secret, Julia Quang bought three things: Bombshell perfume, flavored lip gloss, and whale-tail thongs. Piper Sandler even named Victoria's Secret as the third most popular fragrance brand with young people in its 2024 Gen Z survey. The Victoria's Secret comeback isn't official — yetRewind a few years and Victoria's Secret seemed to be on uneven footing. AdvertisementA Victoria's Secret representative says the brand — which boasts a board of directors of 89% women — is working on that.

Persons: Sabrina Carpenter, —, Julia Quang, Ed Razek, Z, Fitch they've, Piper Sandler, lacy, Elizabeth Lyons, Kimmay Caldwell, It's, Tyra Banks, Adriana Lima, Behati Prinsloo, Candice Swanepoel, Jasmine Tookes, They'll, Paloma Elsesser, Devyn Garcia, Ashley Graham, Caldwell, Christopher Polk, Rolling, Suni Lee, influencer Alix Earle, Victoria's, They're, who's, Savage X, Hillary Super, J . Lee, FilmMagic Lauren Sherman, Chantal Fernandez, Fernandez, she's, Sherman, Joseph Altuzarra, they're, they've Organizations: Service, Abercrombie, Angels Locations: Quang, New York City

☆ Here's an earnings homework checklist so you can be ready when your companies report
▼ + stars: | 2024-10-15 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Wells Fargo on Friday was the first portfolio name to report third-quarter results, which have been greeted enthusiastically on Wall Street. Morgan Stanley and Abbott Laboratories — both Club names as well — report earnings before Wednesday's opening bell. Revenue and earnings estimates can be found on stock ticker pages on any number of free financial websites and through brokerage account providers. Portfolio management is a must. After considering these factors, be sure to then take a higher-level portfolio management view of your investments.

Persons: Wells, Morgan Stanley, Abbott Laboratories —, Jim Cramer's, —, Eli Lilly, writeups, Stanley Black, Decker, Jim, Jim Cramer, Andrew Kelly Organizations: Abbott Laboratories, Abbott Labs, Microsoft, TJX, Palo Alto Networks, Club, Nvidia, Devices, Taiwan Semiconductor Management Company, Jim Cramer's Charitable, CNBC, Flag, New York Stock Exchange Locations: Wells Fargo, U.S

☆ Google Shopping just got an AI makeover
▼ + stars: | 2024-10-15 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Google Shopping has added a number of new features in recent years. Google Shopping now has AI Overviews-like briefing to provide more context to users on what they're looking to buy. The shopping feed considers inputs from Google surfaces including your shopping activity on Chrome, Search, YouTube and Discover, a Google spokesperson told Business Insider. "We can show you the best of what Gemini and the Google shopping graph have a recommendation for you." Google previously introduced a virtual try-on feature to Google Shopping and recently extended the tool to dresses.

Persons: —, Lilian Rincon, Rincon Organizations: Google, Service, YouTube, Google Google Locations: Seattle, Pinterest

Keep reading to learn how to watch Philadelphia Flyers vs. Edmonton Oilers live streams. Below, we've compiled everything you need to know about watching the Flyers vs. Oilers. What channel is the Philadelphia Flyers vs. Edmonton Oilers game on? The Philadelphia Flyers vs. Edmonton Oilers game will air on ESPN in the US. Check price at ExpressVPNHow to watch Philadelphia Flyers vs. Edmonton Oilers with a VPNSign up for a VPN if you don't already have one.

Persons: you've, ExpressVPN Organizations: Business, NHL, Flyers, Oilers, Philadelphia Flyers, Edmonton Oilers, Vancouver Canucks, Calgary Flames, The Oilers, Florida Panthers, Flames, Chicago Blackhawks, Winnipeg Jets, . Oilers, ESPN, DirecTV, Sling, ESPN2, ESPN3, Fubo Locations: Canada, Philadelphia, Edmonton

☆ Kids won't always be happy, and that's OK. Allowing room for the full range of emotions sends an important message.
▼ + stars: | 2024-10-15 | by ( Gabrielle Stanley Blair | Ben Blair | ) www.businessinsider.com time to read: +7 min

This is an adapted excerpt from their new book "The Kids Are All Right: Parenting with Confidence in an Uncertain World." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne thing we've noticed with our six kids is that each has a different emotional baseline. After all, the work usually involves difficult, objectionable, or tedious work (like clearing out an attic, removing wallpaper, cleaning out a drain, or taking a load of heavy bags to the dump). Excerpted from The Kids Are All Right: Parenting with Confidence in an Uncertain World by Gabrielle Blair and Ben Blair.

Persons: Gabrielle Blair, Ben Blair, —, We've, We're, We'll, we'd, Workman Organizations: Newlane University, Service, Workman Publishing Co, Inc, Hachette Book Locations: United States, Normandy, France

☆ In the competitive world of pharma, companies need to focus on worker well-being to retain top talent, says Ferring's HR exec
▼ + stars: | 2024-10-15 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

She said that Ferring has grown more intentional about focusing on worker well-being, which is particularly important for the highly competitive field of healthcare. What are the benefits for companies focused on worker well-being? We've defined well-being in a holistic way, so it's not just about physical well-being; it's also about mental well-being and financial well-being. What advice do you have for other companies that are just getting started thinking about DEI and worker well-being initiatives? What policies demonstrate your focus on worker well-being?

Persons: —, Johnson, JP Morgan, Ferring, We've, it's, I've, we've, you've Organizations: Ferring Pharmaceuticals, Service, gastroenterology, Johnson, American Express, Pharma, pharma Locations: Swiss, Switzerland

☆ A bar is the worst place to meet a potential mate—and 4 more tips for dating successfully
▼ + stars: | 2024-10-15 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Dim lighting and flowing libations make a bar feel like the perfect, low-pressure environment to meet a potential partner. Rarely, though, is this the optimal venue at which to form lasting connections, Grace Lee, a New York City-based dating coach and founder of A Good First Date, told CNBC Make It. Here are four more tips from Lee and other dating coaches on how to foster meaningful connections. And it's actually smart to discuss values early on, Kelsey Wonderlin, a dating coach based in Nashville, Tennessee, told CNBC Make It. "On a first date that would be a socially unacceptable question to ask," Wonderlin says.

Persons: Grace Lee, You'll, Lee, Blaine Anderson, Blaine, Anderson, I'd, Kelsey Wonderlin, Wonderlin Organizations: CNBC Locations: New York City, Austin , Texas, Nashville , Tennessee

☆ Tokyo Metro's IPO could drive momentum in the Japanese market as Chinese listings dry up
▼ + stars: | 2024-10-15 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +3 min

Tokyo Metro's initial public offering could drive momentum in the Japanese market and attract more companies into the country, analysts said, as China continues to lose steam. In Japan's biggest IPO in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company's regulatory filing on Tuesday. "I think both the Tokyo government as well as the Ministry of Finance, obviously, won't want the IPO to fail." Hyundai India also started taking orders for its $3.3 billion IPO in Mumbai this week, in a deal set to become the country's biggest listing. When asked if he thinks Tokyo Metro and Hyundai India's listings will open the floodgates for more activity, he said, "I do."

Persons: Mio Kato, CNBC's, Kato, Dealogic, Ringo Choi, Choi, — CNBC's Dylan Butts Organizations: Tokyo Metro, Japan's, Reuters, Tokyo Stock Exchange, LightStream, Ministry of Finance, NASDAQ, Hyundai, EY's Locations: Tokyo, China, Asia, Pacific, India, Japan, Hyundai India, Mumbai, EY's Asia

☆ Election prediction markets are in a sprint to prove themselves as forecasting and investing tools
▼ + stars: | 2024-10-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

"Things were going okay before the election contracts, but since we put them on the platform there's been a lot more interest," Sanders said. The election contracts on each site are binary, and they pay out $1 if the correct outcome is chosen and $0 for the incorrect outcome. A fifth arena, Polymarket, is a blockchain-based prediction platform that is not open to U.S. customers. If they prove to be accurate over time, the prediction markets may also serve non-traders such as consultants and fundraisers who want to glean more insight into the election. Concerns More ominously, critics of the election markets have raised alarm that they could be moved by one or two big traders for possibly nefarious purposes.

Persons: politicos, Kalshi, Steven Sanders, Sanders, John Phillips, Phillips, Tarek Mansour, Bob Elliott, Ray, Elliott, Polymarket, Nikki Haley, Michelle Obama, Matt Thompson, Thompson, Koleman Strumpf, Cantrell Dumas, Dumas, PredictIt's Phillips, Strumpf, Mansour, We've Organizations: Wall, Interactive, Futures Trading Commission, CFTC, Kalshi, Funds, Bridgewater Associates, South Carolina Gov, Republican, Little Harbor Advisors, Wake Forest University, Better, CNBC, Wake Locations: Iowa, Winston, Salem, N.C, Susquehanna

☆ The ultimate guide to negotiating a higher salary
▼ + stars: | 2024-10-15 | by ( Cnbc Make It Staff | ) www.cnbc.com time to read: +3 min

Our new online course, How to Negotiate a Higher Salary, launches Oct. 15. Are you curious about how companies set pay rates and how you can use that information to earn more money? What will our salary course teach you? Take charge of your career with How to Negotiate a Higher Salary to master the art and science of asking for what you deserve — and actually getting it. Get started today and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024.

Persons: it's, You'll, Hanna Howard, Farah Sharghi, Michelle Greenberg, Kobrin, Nolan Church Organizations: CNBC, It's, Google, New York Times, Cardozo School of Law, Columbia Law School, Continuum

☆ Medical schools and legislation aim to address a worsening doctor shortage that's already hitting rural communities
▼ + stars: | 2024-10-15 | by ( Heather Lindsey | ) www.businessinsider.com time to read: +9 min

A doctor shortage is projected to hit 86,000 by 2036. According to the Rural Medical Training Collaborative, 133 rural residencies in family medicine and 69 rural-track programs are recruiting for 2025 enrollment, along with 30 internal-medicine residencies and 16 psychiatry residencies. Several pieces of legislation have also been introduced to Congress to address the doctor shortage. For example, HR 7855, the Association of American Medical Colleges-endorsed Rural Residency Planning and Development Act of 2024, would codify the Rural Residency Planning and Development Program, which funds the startup costs of residency training in rural areas, Dill said. From 2019 to 2024, the program has enabled the launch of 46 accredited rural residency programs across 38 states and Puerto Rico.

Persons: —, Mellisa, Case, Michael Dill, Bruce Scott, Scott, they're, Dill, Molly Fox, Fox, Catherine, Chase Hearn, he'd, I've, Hearn, Hollie Davis Frick, Davis Frick Organizations: Healthcare, Service, Association of American Medical Colleges, American Medical Association, Medicare, Kansas Health Science University, KHSU's Kansas College of Osteopathic Medicine, Catherine Hospital, OB, Oregon Health & Sciences University, Rural, Development, Patel, Group, Conrad State Locations: Prineville , Oregon, Portland, Bend, Louisville , Kentucky, Garden City, Wichita, Oregon, Crook, Puerto Rico, Conrad

☆ SuperLimbs: Wearable robotic limbs could help astronauts recover from falls
▼ + stars: | 2024-10-14 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

That includes researchers at the Massachusetts Institute of Technology (MIT), who are developing a set of wearable robotic limbs to help astronauts recover from falls. When the wearer falls over, an extra pair of limbs can extend out to provide leverage to help them stand, conserving energy for other tasks. The study found that falls were more common when, like Duke, astronauts were collecting samples or using tools – tasks that Artemis astronauts are likely to undertake. Kim Shiflett/NASA NASA astronaut Eric Boe wears Boeing's new spacesuit designed for astronauts who will fly on the CST-100 Starliner. Ballesteros plans to spend the next few years of his PhD using a “Swiss Army Knife technique” to turn SuperLimbs into a system for astronauts that can “address different important use cases, but all be one unified design.”SuperLimbs could help astronauts recover from falls, move efficiently, and do work.

Persons: haven’t, Artemis, Charlie Duke, Duke, Walter M, Schirra Jr, Donald K, Slayton, John H, Glenn Jr, Scott Carpenter, Alan B, Shepard Jr, Virgil I, Grissom, Gordon Cooper Jr, John W, Michael Collins, Edwin E, Aldrin Jr, Buzz Aldrin, Neil A, Armstrong, Aldrin, Joe Engle, Richard Truly, John Young, Bruce McCandless, McCandless, Robert L, Stewart, Michael J, McCulley, Franklin R, Chang, Diaz, Ellen S, Baker, Shannon W, Donald E, Williams, Michael Fincke, Yury Lonchakov, Kennedy, Center's Neil A, Jessica Watkins, Bob Hines, Kjell Lindgren, Samantha Cristoforetti, Kim Shiflett, Eric Boe, Boeing Dustin Gohmert, NASA's, Joel Kowsky, NASA Kristine Davis, SuperLimbs, Harry Asada, Erik Ballesteros, Ballesteros, it’ll, ”, Jonathan Clark, ” Ballesteros, Ana Diaz Artiles, Kalind Carpenter, Preston Rogers, Mirza Samnani Organizations: CNN, Massachusetts Institute of Technology, MIT, University of Michigan, National Aeronautics and Space Administration, NASA, Mercury, Command, NASA Space Shuttle, Challenger, NASA's, NASA NASA, Russian Sokol, International Space, SpaceX, Armstrong Operations, Boeing, Orion, Space, Space Center, Extravehicular Mobility, UPI, Jet Propulsion, SuperLimbs, Neurology, Space Medicine, Baylor College of Medicine, Texas, Swiss Locations: Tranquility, Russian, Washington ,, Washington, Japan, Mars . China

Is that what’s going on?”Invoking Trump’s medical history may serve a particular purpose for Harris, reminding voters that they're a generation apart in age and that at 78, Trump is the oldest presidential nominee in U.S. history. Trump told CBS News in August that he would release his medical records. Holding clipboards, Democratic campaign aides approached Harris supporters as they stood in line to enter the arena Sunday, inviting them to knock on doors on her behalf and to staff phone banks. And let’s handle November.”Supporters lined up hours before Harris’ appearance at the East Carolina University basketball arena. A disc jockey kept Harris’ supporters entertained as they waited for her to take the stage, something of a campaign novelty meant to keep the crowd energized throughout.

Persons: Kamala Harris, Donald Trump, Harris, Trump, ”, Trump hasn’t, ” Harris, ” Steven Cheung, Ronny Jackson, Trump’s, “, hasn’t, Barack Obama, Obama, Jimmy Carter, Holding, Chris Schulte, she’s, weaponize, Justice Department “, Harris ’, Tanyetta Hill, they’ve Organizations: CBS, ’, White, CBS News, White House, Republican, Democratic, Trump, Justice Department, East Carolina University, Commodores, Democratic Party Locations: GREENVILLE, N.C, North Carolina, America, United States, Texas, Carolina, Onslow

☆ Russia is reportedly making it more painful for businesses to leave by forcing big discounts and raising exit taxes
▼ + stars: | 2024-10-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Russia is reportedly tightening the screws on firms looking to exit the country. Companies looking to sell their operations will now do so at a 60% discount, sources told Bloomberg. Foreign firms that left Russia have incurred over $100 billion in losses, a Reuters analysis found. AdvertisementBusinesses trying to leave Russia are facing painful costs in the form of taxes and forced discounts, people familiar with matter told Bloomberg last week. But over 1,700 foreign companies continue to operate in the nation, according to data compiled by the Leave Russia project.

Persons: — Organizations: Companies, Bloomberg, Service, Shell, HSBC, Yale School of Management Locations: Russia, Moscow, Ukraine

☆ How to counter a low-ball salary offer
▼ + stars: | 2024-10-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

It's no secret that hiring managers often keep their cards close to their chest during a salary negotiation. Of course, there's always a chance a salary offer falls farther than $10,000 away from your expectations. A low-ball salary offer doesn't always mean a lost cause. "The person you're talking to isn't always the person who decides whether or not you get that higher salary, they're often the person who has to go make the case to someone else," she adds. Candidates who can articulate how the timing of their start date benefits the company's goals have the "best chances" of landing a higher salary, Tolbert adds.

Persons: Niani Tolbert, Adam Broda, there's, Tolbert, Erin McGoff, isn't, they're, you'd Organizations: CNBC, Amazon, Pew Research Center Locations: New York

☆ Trump's crypto coin goes on sale with Election Day just three weeks out
▼ + stars: | 2024-10-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

World Liberty Financial is separate and apart from Trump Media & Technology Group , the parent company of social media platform Truth Social. Trump Media, known by ticker symbol DJT, started trading in March, after going public through a special purpose acquisition company (SPAC). On Tuesday, the former president and current Republican nominee aims to launch WLFI, the token accompanying his new crypto project called World Liberty Financial. Trump owns about 57% of DJT's outstanding shares, but his potential control over World Liberty Financial is more opaque. Folkman added that WLF would publish the "long-awaited" roadmap for the project on Tuesday, in tandem with the token sale.

Persons: It's, that's, they're, Trump, Donald Trump, Zachary Folkman, Donald J, Folkman, it's, WLF, Stani Kulechov, Kulechov, Monday's Organizations: Liberty, Trump Media & Technology Group, Trump Media, CNBC, Republican, Nasdaq, Truth Social, SEC, Trump, Finance, Liberty Financial, Permissionless Locations: New York City, U.S, DeFi, Salt Lake City , Utah

☆ Jensen Huang says he wants Nvidia to be a company with 100 million AI assistants
▼ + stars: | 2024-10-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Jensen Huang says he hopes Nvidia will be a 50,000 employee company with "a 100 million AI assistants." Huang described a future where Nvidia can use AI assistants across every division to raise output. "I'm hoping that Nvidia someday will be a 50,000 employee company with a 100 million, you know, AI assistants, in every single group," Nvidia CEO Jensen Huang said on an episode of the "Bg2" podcast released on Sunday. AI agents break down a task into multiple smaller steps, each tackling a specific task to achieve a broader objective. And Google CEO Sundar Pichai said in May that the company is working on developing AI agents with more capabilities.

Persons: Jensen Huang, Huang, —, I'm, Marc Benioff, Sundar Pichai, Pichai Organizations: Nvidia, Tech, Google, Service, AIs, Slack, Bloomberg, Big Tech

☆ The stock market is overvalued, but that's no reason to turn bearish, analyst says
▼ + stars: | 2024-10-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The firm sees no immediate catalysts like surging interest rates or inflation to trigger a downturn. AdvertisementInvestors worried that the stock market is overvalued shouldn't sell stocks, according to a Monday note from Piper Sandler. AdvertisementWithout an imminent spike in interest rates, the unemployment rate, or inflation, the stock market should continue its upward trend even if it's overvalued, according to Kantrowitz. AdvertisementKantrowitz recommends investors monitor credit spreads to determine whether there is fear in the stock market that could signal a period of negative equity returns going forward. Tight credit spreads, a solid labor market, and continued GDP growth are all signals that investors should stay bullish, according to Kantrowitz, even if the stock market is slightly overvalued.

Persons: Piper Sandler, —, Michael Kantrowitz, Kantrowitz, Stocks, it's Organizations: Service, Investors, CNBC

☆ Budget brands are winning in China as people turn to cheap food and fashion
▼ + stars: | 2024-10-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Companies like Japan's Saizeriya, Yum China, and Fast Retailing have recently reported strong sales. There are similarities between Japan's "Lost Decade" of economic stagnation in the 1990s, after the country's asset and credit bubbles burst, and China's economic downturn now. The ethos has benefited companies with budget offerings, including Yum China, which operates KFC and Pizza Hut in the country. Intense competitionHowever, China's market is a fast and furious one — even for winners — and the country's economic downturn has created cut-throat competition with aggressive price wars. As China's economic malaise deepened, boba tea went from premium pricing around $3.50 to $5.50 on average to as little as $1 or less over the last few years.

Persons: —, Hideharu Matsutani, Matsutani, Saizeriya, MingYii Lai, Lai, Uniqlo, boba, Jason Yu, Kantar, BI's Matthew Low, Allison Malmsten Organizations: Retailing, Service, McKinsey, Tokyo Stock Exchange, Daxue Consulting, Shoppers, Yum, Fast Retailing, — Locations: China, Japan, Beijing, Greater China, Yum China

☆ Cramer says reports from Wells Fargo and JPMorgan are 'good omens' for earnings season
▼ + stars: | 2024-10-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday reviewed quarterly reports from two of the biggest names in the financial sector, JPMorgan and Wells Fargo . He said he was excited by both banks' performance and suggested their success means earnings season will bring more positive news. "While these quarters were certainly good news for JP Morgan and Wells Fargo, I think they're also good omens for earnings season and the market overall," he said. Like JPMorgan, Wells Fargo beat Wall Street's expectations last week. "Rather than getting bogged down in the details, it's better to focus on the positive overall picture, which is exactly what happened on Friday.

Persons: CNBC's Jim Cramer, JP Morgan, Wells Fargo, they're, Cramer, Wells Fargo's Organizations: JPMorgan, Wells, Federal Locations: Wells Fargo

☆ I spent 10 days solo road-tripping through Utah and Arizona. It was gorgeous, but I wish I'd known a few things before I left.
▼ + stars: | 2024-10-14 | by ( Eibhlis Gale-Coleman | ) www.businessinsider.com time to read: +1 min

I'm from the UK, and I took a 10-day road trip across Utah and Arizona to explore and hike. I wish I'd read up a bit more on altitude sickness and planned ahead for the lack of cell signal. Go to newsletter preferences Thanks for signing up! AdvertisementThis summer, I traveled from the UK to spend 10 days road-tripping around Utah and Arizona. The experience was incredibly liberating, but there are some things I wish I'd known beforehand, especially since this was my first time driving in the US and embarking on a solo road trip.

Persons: I'd, —, they're Organizations: Service Locations: Utah, Arizona, Zion

☆ OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company
▼ + stars: | 2024-10-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

But strategy advisors say it'll need to get more serious about defining its public benefit. Unlike traditional for-profit businesses, which are primarily focused on maximizing shareholder value, public benefit corporations must balance stakeholder interests with those of their employees and customers. Investors can also question why a company isn't progressing on its stated public benefit. It will also need to define its "public benefit" as part of its new corporate charter, he added. So as OpenAI restructures, the pressure is now on the company to clearly articulate its public mission and show that it's serious about it.

Persons: —, OpenAI, Axios, Travis Borden, Keene, OpenAI's, Borden, Altman, Ilya Sutskever, Jan Leike, Mira Murati, restructures, Jens Dammann Organizations: Service, Legal, Institute, Cornell Law School, Keene Advisors, University of Texas School of Law, Business Locations: Silicon, Delaware, —

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