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Trump isn’t president yet, but he’s starting to act like itPresident Joe Biden meets with President-elect Donald Trump in the Oval Office on Nov. 13. The President-elect will join French President Emmanuel Macron in Paris this weekend for the reopening of the Notre Dame Cathedral. In other words, Trump is crowding out President Joe Biden as he winds down his term and steadily recedes from public view. Insurer halts anesthesia payment policy after backlashAnthem Blue Cross Blue Shield has reversed a decision to limit reimbursements for anesthesia during surgery and medical procedures based on time limits it had set. The policy would have capped the length of time anesthesia can be covered during procedures in Connecticut, New York and Missouri beginning in February.
Persons: Donald Trump overshadows Joe Biden, Brigham Young University’s, Trump, Joe Biden, Donald Trump, Saul Loeb, Donald Trump won’t, Emmanuel Macron, Justin Trudeau, , , Newt Gingrich, Biden, hasn’t, Brian Thompson, we’ve, Taylor Lorenz, Tobita Chow, Read, Jake Retzlaff, Manischewitz, matzo, Greg Rosenstein, “ BYJew, ” Mazel tov, Richie Duchon, Elizabeth Robinson Organizations: Police, Getty, Notre Dame Cathedral, Canadian, Republican, ➡️ Investigators, Greyhound, ➡️ Police, New York, UnitedHealth Group, New York Times, Washington Post, Labor Statistics, Gallup, BYU, Nike, Adidas, Brigham, Cougars, NBC Locations: Paris, Mexico, Canada, Gaza, New York City, Atlanta, New York, Manhattan, Bluesky, Connecticut , New York, Missouri
Lululemon is still 'a very new brand' in China: Analyst
  + stars: | 2024-12-06 | 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 EmailLululemon is still 'a very new brand' in China: AnalystBrian Nagel from Oppenheimer & Co discusses Lululemon's international business and product differentiation strategy, comparing it to its 'mature' market in the United States.
Persons: Brian Nagel Organizations: Oppenheimer, Co Locations: China, United States
Shopify could surge thanks to its use of artificial intelligence for merchants, according to Loop Capital. The firm upgraded the e-commerce stock to buy from hold in a Friday note and raised its price target to $140 from $110. SHOP YTD mountain Shopify stock. The company employs a suite of products housed in what it calls Shopify Magic, which was first introduced in 2023. Nearly 30 analysts covering the stock have a buy or strong buy rating on it, according to LSEG.
Persons: Anthony Chukumba, Chukumba, Shopify
But this toxic waste may also be a treasure trove for the rare earth elements needed to propel the world toward clean energy. Coal ash from the Appalachian Basin contains the highest amounts of rare earth elements, but only 30% can be extracted. “Strong acids and bases are needed to extract rare earth elements. There are currently more than 2 billion tons of coal ash stored across the US, according to the Department of Energy. “There is no indication that future reliance upon coal ash as a feedstock for critical materials will incentivize coal power,” said a DOE spokesperson.
Persons: Bridget Scanlon, , “ We’re, ” Scanlon, , Davin Bagdonas, Wade Payne, Justin L, Fowler, Paul Ziemkiewicz, Ziemkiewicz, Biden, Jennifer Granholm, Scanlon, ” Scalon Organizations: CNN, University of Texas, UT’s Jackson School of Geosciences, International Energy Agency, University of Wyoming, TVA, USA, Water Research, West Virginia University, , Department of Energy, DOE Locations: United States, Austin, California, China, TVA Kingston, Harriman , Tennessee, Springfield , Illinois, Wyoming, Montana
AP —The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of on-off negotiations even as France vowed to derail the contentious accord. “This will create huge business opportunities,” von der Leyen said. “We have heard you, listened to your concerns, and we are acting on them,” von der Leyen said. It marks the first major trade agreement for Mercosur, which is comprised of Argentina, Brazil, Uruguay, Paraguay and, newly, Bolivia. In 2016, the EU and Canada signed a pact, known as the Comprehensive Economic and Trade Agreement, or CETA, but the approval process is still lumbering along.
Persons: Ursula von der Leyen, ” von der Leyen, Donald Trump’s, Emmanuel Macron, , von der Leyen, Olaf Scholz of Germany, Pedro Sánchez, Luiz Inacio Lula da Silva, , Javier Milei, upended, Trump, Jair Bolsonaro, Lula, ” Milei, Brian Winter Organizations: European Union, Atlantic, Mercosur, Brazilian Trade, Investment, Agency, Libertarian, EU, Brazil’s, Canada, Locations: Brazil, Argentina, Mercosur, France, Brussels, Netherlands, Uruguay, Austria, Belgium, Italy, Poland, China, Paraguay, Bolivia, Egypt, Israel, Singapore, Spain, Uruguay’s, Montevideo, Europe, Rio de Janeiro, South America’s, York, Americas
AdvertisementAWS has not committed to offering cloud access to AMD's AI chips in part due to low customer demand. AWS said it was considering offering AMD's new AI chips last year. Last year, Amazon Web Service said it was considering offering cloud access to AMD's latest AI chips. AdvertisementAWS is "not yet" seeing that high demand for AMD's AI chips, he added. AWS offers cloud access to AMD's CPU server chips, and AMD's AI chip product line is "always under consideration," he added.
Persons: AMD's, Gadi Hutt, Hutt, Nvidia's Organizations: AMD, Amazon Web Service, Annapurna Labs, Nvidia, AWS, Blackwell, Anthropic, Intel Locations: Hutt
AdvertisementI've taken a handful of economy long-haul flights but never loved the traditional travel pillow. I tried a foot hammock and an inflatable travel pillow. I've said it before, and I'm sure I'll say it again: Long-haul flights suck. I tested two viral products this year: a foot hammock and an inflatable pillow. I thought I'd prefer this sleeping position over craning my neck, so I went to Amazon and purchased the $21 Kimiandy inflatable travel pillow.
Persons: I've, Monica Humphries, TikTok Organizations: Amazon Locations: Switzerland
Fans of McDonald's Snack Wrap, rejoice — the fast-food giant is finally bringing the popular menu item back. On Thursday, Joe Erlinger, the president of McDonald's US, confirmed on "Good Morning America" that the Snack Wrap will return next year. McDonald's Snack Wraps — chicken, lettuce, and cheese wrapped in a tortilla — were launched in 2006. AdvertisementThe Snack Wrap was officially discontinued in the US in 2020 as part of a menu simplification. AdvertisementHowever, the exact launch date of the Snack Wrap remains unclear; Erlinger declined to share specifics while on the show.
Persons: Joe Erlinger, Erlinger, Heidi Klum, that's, I'm, Ian Borden, McDonald's Organizations: Bloomberg, CNN, Business
Why we’re addicted to ‘silent reviews’ on TikTok
  + stars: | 2024-12-06 | by ( Gina Park | ) edition.cnn.com   time to read: +6 min
Since October 2023, online content creators such as Santulli have been filming these “silent reviews,” sharing their opinions of makeup, skin care, books and other products without speaking a word. Pretending to sign a check in the air is a nonverbal way to ask your waiter for the bill. But silent reviews are bringing back nonverbal communication, even if it’s in a more exaggerated form. It’s also a bit of a game to generations jaded by traditional advertising and reviews, according to Riggio. “They really are able to make subtle changes that make a difference,” Paul said of the content creators who use silent reviews.
Persons: Izzy Santulli, Instagram, ” Santulli, , Diane Paul, ” Paul, furrowed, Ron Riggio, It’s, Paul of, Paul, Organizations: CNN, James Madison University in, Claremont McKenna College Locations: James Madison University in Virginia, California
Alpecin's caffeine-infused shampoo boosts hair fullness but warns athletes about doping test detection. The brand markets its shampoo as "doping only for your hair," blending science and transparency. For the brand, this overlap represents a challenge and an opportunity: Positioning its product as performance-enhancing yet safe, while addressing the concerns of competitive athletes. Hair care and conscious marketingIn hair care, caffeine's reputation is a bit more nuanced. "Our laboratory developed the first ever caffeine shampoo to boost hair performance for men.
Persons: WADA, Eduard Dörrenberg, it's, Dörrenberg, Alpecin's, Organizations: , Insider Studios, Alpecin Locations: German, Alpecin, United States
AdvertisementBernie Sanders is taking on ultra-processed food in his final weeks leading the Senate health panel. Sanders wants the US to catch up with other countries, which have cigarette-style warning labels for food. He is campaigning for legislation that would slap warning labels on the front of ultra-processed foods — a step other countries took years ago. Some argue mandatory warning labels would violate their right to free speech. Sanders hopes this discussion will harness the buzz around Kennedy's MAHA movement to make warning labels a policy priority.
Persons: Bernie Sanders, Sanders, Robert F, Kennedy Jr, Sen, it's, Obama, Michelle Obama's, Mande, They're, Katherine Miller, Miller, Sanders —, you've, Teeing, Rob Califf, Marty Makary, Makary, Kennedy Organizations: Cola, Coca Cola Company, American Beverage Association, Doritos, Companies, Drug Administration, FDA, RFK Jr Locations: America, United States, Mexican, Canada, Iran, Sri Lanka, Singapore, Mexico, Chile
A few decades later, Scott, 51, is doing the work his childhood self dreamed of. You've previously mentioned that you spent the first 15 years of your career "hanging on by a piece of floss." Was there an "I made it" moment in your career when you finally realized you were floss-free? I've had too many experiences over the years where things don't work out, and I think any actor has that feeling. That's really satisfying.
Persons: Adam Scott, Steven Spielberg, George Lucas, Indiana Jones, I've, Scott, Ben Wyatt, Trevor, Will Ferrell's, Mark Scout, Severance, He's, Scott Aukerman, Kamala Harris, Ryan Reynolds, Naomi, he's, You've, it's, I'd, that's, Lance Bangs, you've, I'm, doesn't, Adam, what's Organizations: Apple, Rad Productions, Philips, Hollywood Locations: Parks, That's
AdvertisementAWS launched new AI chips that compete with Nvidia's GPUs. Amazon Web Services launched an upgraded line of AI chips this week, putting the company squarely in competition with Nvidia. Q: There have been a lot of headlines saying Amazon is out to get Nvidia with its new AI chips. AdvertisementIn a nutshell, we want to continue to be the best place for GPUs and, of course, Trainium when customers need it. Q: And you're not seeing that yet for AMD's AI chips?
Persons: Gadi Hutt, Hutt, Pat Gelsinger, It's, it's, We're, I'm, there's, Matt Garman, Matt, , Andy Jassy, Rufus Organizations: Nvidia, Intel, AMD, Amazon Web Services, Annapurna Labs, AWS's, Anthropic, Amazon, Blackwell, AWS, Rainier, Apple, Companies, Netflix Locations: Gadi Hutt
CNN —Google sued the Consumer Financial Protection Bureau on Friday, challenging the agency’s decision to place Google’s payment division under federal supervision. The lawsuit, filed in the US district court in Washington DC, comes after the CFPB published an order announcing supervisory authority of Google Payment Corp. The agency alleged that Google’s handling of its payment products may pose a risk to consumers. In a statement, Google spokesperson José Castañeda said Google’s payment products never posed a risk to users. In the company’s lawsuit, Google argued that the CFPB committed a legal error by setting an “exceedingly low bar” for what it counts as sufficient risks to consumers.
Persons: José Castañeda, Organizations: CNN, Google, Consumer Financial, Google Payment Corp Locations: Washington DC, U.S
The best credit cards for travel include airline credit cards, hotel credit cards, and travel rewards credit cards. You can also get credit cards for small business use, or consider starter credit cards and student credit cards if you're new to credit. Pairing with travel rewards cards — Several major issuers, including Chase, American Express, Wells Fargo, and Citi, let cardholders combine rewards between cash-back credit cards and travel rewards credit cards. Pros and cons of cash back credit cardsCash-back credit cards have their pros and cons, as we've already seen thus far. Cash-back credit cards often offer fewer perks, smaller welcome bonuses, and limited redemption opportunities compared to travel rewards credit cards.
Persons: Wells, Cash, Cardholders, you'd, — Cash, Chase, shouldn't, you've Organizations: Business, Citi, Wells, Bank of America, Bank of America loyalists, American Express, American, Amazon.com, Visa, Amazon Locations: Wells, Wells Fargo, Rakuten
Klaviyo CEO Andrew Bialecki said to follow a similar path, a company needs to align with investors. This article is part of "Road to IPO," a series exploring the public-offering process from prelaunch to postlaunch. You should be able to fund this stuff if you're good at building software," Bialecki said at the Underscore VC Core Summit, where Business Insider interviewed him in October. Part of the investor buzz around Klaviyo's IPO was that it was an ideal model to go public. Part of the investor buzz around Klaviyo's IPO was that it was an ideal model to go public.
Persons: Klaviyo, Andrew Bialecki, , Bialecki, Rafael Henrique, Ed Hallen, Hallen Organizations: Service, Business, New York Stock Exchange, Klaviyo's, Companies, crave, Microsoft, Apple, IBM, Intel Locations: Silicon, Boston
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabor market will likely be the 'top priority' in China's 2025 policymaking, economist saysRaymond Yeung, chief economist for Greater China at ANZ Bank, discusses what to expect from China's annual economic planning meeting next week, and says gross domestic product growth is "probably not a good indicator" of the Chinese economy's overall health.
Persons: policymaking, Raymond Yeung Organizations: Labor, Greater China, ANZ Bank Locations: Greater
AdvertisementShake Shack's founder, Danny Meyer, said that always saying "yes" to the customer is risky. But he said that if taken too far, a company's strength in saying "yes" to the customer could become a weakness. "That doesn't work to the benefit of the average customer," Meyer said. "And the average customer may have a declining good experience because of all the hospitality we're giving, saying 'yes.'" AdvertisementRepresentatives for Shake Shack did not respond to a request for comment from Business Insider, sent outside regular business hours.
Persons: Danny Meyer, Meyer, Shake, Brian Sozzi, Sozzi, Brian Niccol, Niccol, Shake Shack Organizations: Yahoo, Park, Square Hospitality, Gramercy, Shake, Business Locations: New York
“The litany of things that will start to topple is profound,” said James Hodge, a public health law expert at Arizona State University’s Sandra Day O’Connor College of Law. “One in 3,000 kids who gets measles is going to die. The U.S. has seen 16 measles outbreaks this year — 89% of cases are in unvaccinated people — and a whooping cough epidemic is the worst since 2012. “If you overturn the administrative state, the impact on public health will be long-term and serious,” said Dorit Reiss, a professor at the University of California’s Hastings College of Law. It would take years before enough children died before people said, ‘I guess measles is a bad thing,’” she said.
Persons: Donald Trump’s, Robert F, Kennedy Jr, , James Hodge, Sandra, “ We’re, Lawrence Gostin, Northe Saunders, Kennedy, Dave Weldon, — Kennedy, Weldon, , Kennedy’s, Karoline Leavitt, Gregory Poland, Scott Gottlieb, Paul Offit, ” Offit, , Hodge, he’ll, Peter Hotez, virologist, Stanley Plotkin, hasn’t, Karen Ernst, ’ “, ” Ernst, who’ll, ” That’s, Ernst, I’m, Walter Orenstein, Orenstein, Saunders, can’t, Rekha Lakshmanan, “ It’s, Trump, Dorit Reiss, Billionaire Elon Musk, Dr, Sanjay Gupta, Jesse Goodman, Organizations: Health, Arizona State, O’Connor College of Law, Georgetown University, State, SAFE Communities Coalition, Republican, Department of Health, Human Services, Centers for Disease Control, Trump, NPR, Academy of Science & Medicine, FDA, CNBC, Vaccine Education, Children’s Hospital of Philadelphia, Justice, Children’s Health Defense, Vaccine, , Children, Health Defense, Baylor College of Medicine, HHS, Vaccines, ’ “ RFK, Texas, Research, University of California’s Hastings College of Law, Billionaire, CNN, CNN Health, Center, KFF Locations: U.S, Samoa, United States, , ” Poland, Georgia, Idaho, India, Texas, In Louisiana
AdvertisementOpenAI is reportedly looking into dropping a key clause from its multibillion-dollar Microsoft deal. The clause ends Microsoft's access to OpenAI's advanced models when OpenAI achieves AGI. It's meant to prevent misuse of AGI for commercial ends; nixing it could encourage more investment. OpenAI is reportedly considering removing a clause from its contract with Microsoft in a move that could help it attract further investment from the tech giant. The Financial Times noted that removing it could encourage Microsoft to keep cash flowing to the AI company.
Persons: OpenAI, AGI, Sam Altman, Altman Organizations: Microsoft, Financial Times, The New York Times, Reuters, Altman Locations: OpenAI
Those include Temu, Shein, AliExpress and TikTok, which offer super-low prices that U.S. rivals have raced to compete with. For customers chasing cheaper alternatives to name-brand products, the cost savings can entail tradeoffs in quality. But when NBC News tried out several Temu items alongside their name-brand counterparts, the results were uneven. Other Temu products worked pretty well, at least for a while. Overall, NBC News determined three of the six Temu products performed as expected.
Persons: Dyson, , , Temu, didn’t, , Mark Spoonauer, , ” Spoonauer Organizations: NBC, Smart, Apple, NBC News, Universal Studios, Hamilton Locations: China, Southeast Asia, U.S
The manhunt for the gunman who fatally shot UnitedHealthcare CEO Brian Thompson in New York City goes on. A study suggests there are millions of psychiatric disorders linked to exposure to lead in gasoline. And Rockefeller Center gets in the holiday spirit with its annual Christmas tree lighting. Manhunt continues for shooter in UnitedHealthcare CEO killingThe manhunt for the person who fatally shot the CEO of UnitedHealthcare is still going on. Rockefeller Center tree lights up the holiday seasonIt’s beginning to look a lot like Christmas at Rockefeller Center, which celebrated its tree lighting with a star-studded show last night.
Persons: Brian Thompson, Thompson, , Jessica Tisch, Joseph Kenny, Paulette Thompson, , Kash Patel’s, Kash Patel, Donald Trump, Patrick T, Fallon, Donald Trump’s, Steve Bannon, Patel, Joe Biden, Republican Sen, John Cornyn, ” Cornyn, Critics, Trump, Kelly Clarkson, Thalia, Dan + Shay, Jennifer Hudson, Eric Adams, Chuck Scarborough, George Washington, John Moore, Albinson Linares, — Sandra Lilley, Elizabeth Robinson Organizations: Rockefeller Center, Police, Hilton, , Getty, Trump, Republican, FBI, Child Psychology, Psychiatry, Rockefeller, Backstreet, New York, NBC, Democratic, Noticias Telemundo, Locations: New York City, New York, Central Park, Manhattan, Las Vegas, AFP, NBC New York, Japan, California, Democratic Republic of Congo
Robinhood stock could have a bright future thanks to bitcoin's meteoric rise and the success of the company's inaugural investor day, according to analysts. Morgan Stanley, overweight rating with a $55 per share price target Cyprus' price target implies nearly 38% upside from Wednesday's $40 per share close. Mizuho Securities, outperform rating, $60 per share price target Mizuho managing director managing director Dan Dolev said that Robinhood has successfully "captured the zeitgeist of a generation." KeyBanc Capital Markets raises price target, maintains overweight rating The firm raised its price target to $47 per share from $30 on Wednesday, implying about 18% upside ahead. His $54 per share price target calls for 35% upside from current levels.
Persons: Morgan Stanley, Michael Cyprys, HOOD, Bitcoin, Donald Trump, Cyprys, Dan Dolev, Robinhood, Dolev, Alex Markgraff, Piper Sandler, Patrick Moley, Moley Organizations: Mizuho Securities, Mizuho, Management, HOOD Locations: Robinhood, Cyprus
Vox Media just cut staff across its lifestyle brands, CEO Jim Bankoff announced in a memo to staff. A Vox Media spokeswoman declined to say how many people were let go in the current reduction. Vox Media got the lifestyle brands Thrillist and PS (previously named PopSugar) when it acquired fellow digital media company Group Nine in early 2022. AdvertisementBankoff said in the memo that Vox Media would continue to focus on areas where it sees the most opportunity, including building direct audiences and its Vox Media Podcast Network. To everyone at Vox Media, thank you for your continued commitment to our work.
Persons: Jim Bankoff, Mills, Doug Martin, Bankoff, we've, I'm, Jim Organizations: Vox Media, New York, Nine, Google, Facebook, Big Tech, Vox, Bankoff, Media Production, Technology
AdvertisementOpenAI released the full version of its o1 reasoning model on Thursday. The o1 model, initially previewed in September, is now multimodal, faster, and more precise. On Thursday, OpenAI released the full version of its hot new reasoning model as part of the company's 12-day sprint of product launches and demos. The latest version is more accurate, faster, and multimodal, OpenAI CEO Sam Altman said during day one of the company's live stream. It makes major mistakes about 34% less often compared to the o1 preview mode, per an internal evaluation.
Persons: OpenAI, Sam Altman, execs, Marc Andreessen, Altman Organizations: Microsoft, o1, Tech
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