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The Houthis possess a sizable arsenal of weapons, including missiles and drones. The Houthis have used these weapons to target ships in the Red Sea and Gulf of Aden. AdvertisementThe Houthi rebels couldn't have amassed their dangerous arsenal of weapons without extensive help from Iran and its proxy forces in the Middle East, according to a new report for the United Nations. Related storiesThe Houthis held a military parade in September 2023, during which the group boasted a formidable arsenal of anti-ship missiles, ballistic and cruise missiles, surface-to-air missiles, aerial drones, naval drones, speedboats, surveillance systems, and mines. AdvertisementUS naval forces have repeatedly intercepted vessels attempting to smuggle weapons from Iran to the Houthis illegally.
Persons: , couldn't Organizations: UN, Service, United Nations, UN Security, Lebanese Hezbollah, Pentagon Locations: Gulf of Aden, Iran, Yemen, Lebanese, Israel, Gaza, Iran's
Josh Rose graduated from college at age 39 after nine years of active service in the military. Rose spent five years in the Air Force and four years in the Army on active duty. It paid well and was familiar from my time in the Air Force, but looking back, it was a mistake. I graduated at 39 and got a software engineering jobIt wasn't until May 2024 that I graduated from college at age 39. I feel behind in life, but I think finishing college was the right choiceHaving a degree boosted my confidence.
Persons: Josh Rose, , Rose, didn't, I'd, Bill, I'm Organizations: Service, United States Armed Forces, Air Force, Army, University of Arkansas, Air, Federal Aviation Administration, FAA, Fortune, Business Locations: Texas, Afghanistan
But the event on X ended just a few minutes after it started, when Musk encountered technical difficulties. The X Spaces event Musk started immediately following the town hall, lasted one minute and appeared to have no audio. He also said he would not restart his Q&A and encouraged followers to listen to his Rogan interview instead. The Monday night town hall marks just the latest election-related event that Musk attempted to host on X that was plagued by technical difficulties. An August interview between Musk and Trump that was streamed on X was delayed by more than 40 minutes because of glitches.
Persons: CNN — Elon Musk, Donald Trump, Musk, Joe Rogan, , Trump, we’re, , ” Musk, Rogan, Ron DeSantis ’ Organizations: CNN, Trump, Florida Gov
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: Katie Stockton Organizations: Mattel, Hasbro, DeMark, MAT, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
Australian prime minister Anthony Albanese said he would cut student debt by 20% next year. AdvertisementThe Australian government on Sunday announced a sweeping plan to forgive 20% of student debt for around 3 million Australians. The debt relief is designed to promote "intergenerational equity," Albanese told Australian Broadcasting Radio on Monday, according to Bloomberg. AdvertisementHowever, Biden's efforts to grant broad student loan relief have hit several stumbling blocks. Biden's Education Department is continuing to work on debt relief proposals; if finalized, the latest one would benefit 8 million borrowers facing hardship.
Persons: Anthony Albanese, , Albanese, it's, Andrew Norton, Richard Holden, Ayelet Sheffey, Biden's, Donald Trump, Kamala Harris Organizations: Service, Sunday, Labor, Australian Broadcasting Radio, Bloomberg, Australian National University, University of New, ABC News, Biden's, Department Locations: University of New South Wales
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMitsubishi Heavy Industries discusses its role in Indonesia's energy transitionToru Yoshioka, president of Mitsubishi Heavy Industries in Indonesia, says the Southeast Asian country requires a range of technical solutions, especially since coal dominates in the country.
Persons: Yoshioka Organizations: Mitsubishi, Industries, Mitsubishi Heavy Industries Locations: Indonesia
Online shopping, which the US Census Bureau estimates accounts for roughly 16% of all retail sales, theoretically makes it easier to find exactly what we are looking for. AdvertisementThe golden age of comparison shopping isn't so golden after all. Ursu has studied two factors in shopping: search costs and search fatigue. Ursu guessed that the most exhausting stage of shopping is comparison shopping — when people pore over minuscule details between products to find the best one. Related storiesIf people abandon their shopping carts because they get overwhelmed by search fatigue, it can come back to bite retailers.
Persons: We'd, It's, Barry Schwartz, Jason Goldberg, Publicis, they've, Marsh, Samantha Kleinberg, you've, moisturizer, New York University's Leonard N, Ursu, Qianyun Zhang, Elisabeth Honka, lockdowns, Lauren Ralph Lauren, Goldberg, Rufus Organizations: Ikea, Amazon, Accenture, Swarthmore College, Walmart, Shoppers, Lehigh University, Stevens Institute of Technology, Cognitive, New York, Stern School of Business, Google Locations: New, Netherlands, Wayfair
How to talk like a banker
  + stars: | 2024-11-03 | by ( Emmalyse Brownstein | ) www.businessinsider.com   time to read: +9 min
A manager might leave a comment on a page telling the junior banker to "kill this," which just means delete it. A manager might also instruct the junior banker to "take another stab" at it, which means doing the presentation over again and sending it back by email. In stock market talk, "trading with the Street" usually means someone is trading along the lines of majority opinion. It's so much a part of the culture that the term is also used by higher-ups to describe their junior bankers professionally. Each time a banker makes changes to client materials pre-meeting — like a deck — it's standard practice for every round of edits or changes to be saved as a new file.
Persons: , That's, Momo Takahashi, Morgan Stanley's Ted Pick, it's, drudge, Jane Organizations: Service
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CEO Sam Altman explained the company's shift to closed AI models in a Reddit AMA on Thursday. AdvertisementWhy doesn't OpenAI open-source the AI models behind ChatGPT if the company is called OpenAI? Altman responded that open source "plays an important role in the ecosystem and there are great open source models in the world." The comments from Altman follow a year in which OpenAI has received criticism for no longer open-sourcing its AI models. "There is no single open source AI definition, and defining it is a challenge because previous open source definitions do not encompass the complexities of today's rapidly advancing AI models," the spokesperson said.
Persons: OpenAI, Sam Altman, , Altman, Elon Musk, ChatGPT, Musk, Ilya Sutskever, Mark Zuckerberg, OpenAI's GPT Organizations: Service, Microsoft, OpenAI, Meta, OSI
Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.
Persons: Charlotte Kates, Kates, , ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, , , Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, , Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan
Voyager 1 is now using a radio transmitter it hasn’t relied on since 1981 to stay in contact with its team on Earth while engineers work to understand what went wrong. NASA's Voyager 1 spacecraft is depicted in this artist's concept traveling through interstellar space, or the space between stars, which it entered in 2012. Voyager 1 has been using one of its two radio transmitters, called an X-band based on the frequency it utilizes, for decades. In the meantime, engineers sent a message to Voyager 1 on October 22 to check that the S-band transmitter was working and received confirmation on October 24. “The S-band signal is too weak to use long term,” Waggoner said.
Persons: Bruce Waggoner, hasn’t, Waggoner, it’s, ” Waggoner Organizations: CNN, NASA, JPL, Caltech, Jet Propulsion Laboratory, Space, Network, Engineers, Space Network Locations: Pasadena , California
A British Airways plane turned around midway through a 10-hour journey. AdvertisementA British Airways plane turned around while halfway across the Atlantic Ocean, meaning passengers endured a nine-hour flight to nowhere. "We're sorry for the delay in our customers' travel plans after their aircraft experienced a minor technical issue," a British Airways spokesperson told Business Insider. It was not the first time in recent months that BA passengers have suffered a flight to nowhere. AdvertisementIn June, a Boeing 787s turned around after flying 2,300 miles to Canada's Newfoundland after a technical problem was detected.
Persons: Organizations: British Airways, Service, Boeing, London Gatwick Locations: Costa Rica, London, Europe, Newfoundland
Shifting to a skills-first hiring approach diversifies talent pools and improves job matching, helping find the best candidates for the job. AI tools like Indeed Smart Sourcing can help put the focus on candidates' skills to streamline sourcing and reduce hiring time. Amid rapid technological advancement across industries, employers' hiring needs are changing, requiring them to bring the right talent on board quickly. The skills-first hiring approach can also ultimately help employers reduce both the time and costs associated with hiring, especially when supported by AI. As hiring needs continue to evolve, making the hiring process easier with AI helps companies better plan and staff for the future.
Persons: Donal McMahon, Chris Hyams Organizations: Employers, Harvard, Insider Studios
With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.
Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard
In the previous presidential election, more than 3 million Pennsylvanians requested mail-in ballots and 85% – just over 2.6 million – voted by mail. To date, more than 2 million people have requested mail-in ballots in Pennsylvania and so far, 71% – over 1.5 million – have returned them. In one transaction, voters apply for, complete and submit their mail-in ballot at a designated election site before Election Day. “A handful of people were allegedly turned away from early voting lines in Bucks County. The county responded by agreeing in court to additional days, not just hours, of early voting,” the senior official said.
Persons: Donald Trump, Trump’s, it’s, ” Jon Sherman, Trump, “ There’s, , Dan Mallinson, Vance, ” Vance, Harris Organizations: Pittsburgh CNN, Elections, Republicans, Republican, Penn State, Democratic Locations: Pennsylvania, Bucks County, Philadelphia, Keystone, Pennsylvania’s, Penn State Harrisburg, Allegheny County, Bucks
AdvertisementThe cofounder of Zoox, an Amazon-backed robotaxi company, said he sometimes feels nervous when using Tesla's so-called Full Self-Driving mode. FSD is a key piece of Tesla technology that will be critical for the company's fully autonomous vehicle and robotaxi visions. Levinson said part of the problem with Tesla's approach to autonomous driving is its reliance on cameras. Related storiesNot everyone is a skeptic of Tesla's autonomous driving vision. AdvertisementLike Waymo, Zoox uses a combination of LiDAR, radar, and cameras for its autonomous driving system.
Persons: Jesse Levinson, , FSD, Tesla, Elon Musk, Levinson, Musk, Tesla's, it's, Andrej Karpathy, Karpathy, Zoox Organizations: TechCrunch, Service, Traffic, Administration, Waymo, PACE, Tesla, Las Locations: San Francisco, California, Texas, Market
In October 2023, Soni Mehra left her Big Tech job to focus on her own home decor business. I was accustomed to working with larger teams in Big Tech, so I've had to get used to balancing multiple tasks. Thankfully, I can rely on savings from my prior Big Tech roles. I no longer make the same salary as I did in Big Tech, but still prioritize spending money on things my partner and I value, like travel. People ask me if I'd ever return to Big Tech.
Persons: Soni Mehra, Mehra, , Gabrielle Wesley, Uber, I'd, I've, I'm Organizations: Big Tech, Service, Uber, Marble Lotus, Business, San, San Francisco Bay Area, Environmental, University of California, Mars, LinkedIn, Marble, Big, Entrepreneurs Locations: Delhi, India, San Francisco Bay, Berkeley, Mars Wrigley North America, COVID, Big Tech, Bay
The seas were calm when the Bayesian, the $40 million superyacht of the British tech mogul Michael Lynch, dropped anchor off Sicily. The Bayesian was a one-of-a-kind sailboat, built by Perini Navi, a famous Italian yacht maker. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. Rescue workers bringing the body of the final Bayesian victim to shore, in Porticello, Italy, on Aug. 23.
Persons: , Michael Lynch, Karsten Borner, Lynch’s, Borner, , Mr, Hannah Lynch, Mike Lynch, Judy Bloomer, Jonathan Bloomer, Christopher Morvillo, Neda, Recaldo Thomas, Patrick McMullan, Lynch, Hannah, Giovanni Costantino, , Costantino, Tad Roberts, Abbie VanSickle, Jonathan Baum, VanSickle, Angela Bacares, Chris Morvillo, Neda Nassiri, Judy, James Cutfield, Sir David Davis, Sir David, Sir Robert Baden Powell, Fabio La Bianca, Matthew Griffiths, Borner’s, Sir Robert, Nobody, ’ ’ Capt, Guglielmo Mangiapane, Bacares, Domenico Cipolla, Cipolla, Charlotte Golunski, James Emslie, Golunski, Emslie, Perini, Ron Holland, Roberts, Stephen Edwards, John Groenewoud, Edwards, Philipp Luke, Guillermo Gefaell, Juan Manuel López, Gefaell, Igor Petyx, Cutfield, Cutfield hasn’t, Turgay, Ciner, Adam Hauck, there’s, It’s, Hauck, can’t Organizations: The Times, New York Times, Agence France, Reuters, Getty, Times, , Italian Sea Group, American Bureau of Shipping, British Maritime and Coastguard Agency, Hewlett, Packard, New Zealand, Baia Santa Nicolicchia, Italian Coast Guard, Gale Force, Maritime and Coastguard Agency, Britain’s Department for Transport, Perini, “ Technology, Naval, Italian, Group, Spanish, Association of Naval, Ocean Engineers of Spain, British Marine Accident Investigation, Rescue Locations: British, Sicily, East Germany, Italian, Dutch, Canadian, Washington, London, Oxford, New, Naples, Porticello, Baia Santa, Palermo, Sicily’s, Palermo’s, Ireland, Tuzla, Turkey, Italy, Turkish, Istanbul, Capri, American
Among them are Anthropic, Elon Musk's xAI, OpenAI cofounder Ilya Sutskever's Safe Superintelligence, and AI search startup Perplexity. The last of the five rivals, and perhaps the least well-known, is Glean, an enterprise search assistant. Founded in 2019 by Rubrik cofounder and ex-Googler Arvind Jain, Glean helps corporate workers find information across their companies' tools and data. Related Video Sam Altman moves to Microsoft after OpenAI fires him as CEOThe company enables AI search by integrating apps like Slack and Dropbox and powering search across their company's universe of data. AdvertisementBesides enterprise search, Glean also has an AI assistant that generates answers based on search results, such as summarizing the day's Slack messages or synthesizing multiple documents.
Persons: Glean, Jain, , Sam Altman, Elon Musk's, Ilya Sutskever's, Googler Arvind Jain, Kleiner Perkins, Deedy Das, Larry Page, Das, Bipul Sinha, Rubrik, Mamoon Hamid, Vishwanath, Tony Gentilcore, Piyush Prahladka, , Arvind, Hamid, Paul, Rajeev Dham, they're, Slack, Altman, It's Organizations: Google, Service, Elon Musk's xAI, DST Global, Sapphire Ventures, Sequoia, Microsoft, Sony Electronics, Entrepreneurship, Indian Institute of Technology, IIT, Menlo Ventures, IIT Delhi, University of Washington, Akamai Technologies, Technology, YouTube, Kleiner Locations: Jaipur, Indian, IIT Delhi, India, Glean, Seattle
Investment banks also suggested that stocks that had dipped ahead of the budget are likely to now gain on better-than-expected outcomes. "The U.K. budget was a clear signal that the new govt. Banks Investors in U.K. bank stocks will also be relieved as no new tax measures were applied to lenders specifically. RBC Capital Markets analysts echoed the view, saying the budget "included no major surprises relevant to the wealth sector." Any changes to the rules were a "relatively benign outcome for the sector" and removed an "event risk" for stocks, the investment bank said.
Persons: Roberta Ciaccia, Balfour Beatty, Rachel Reeves, Jefferies, Graham Hunt, Balfour Beatty's, AJB's, Genuity, Canaccord Genuity, Alex Brooks, Brooks Macdonald Organizations: Labour, City, Investment, Infrastructure Civil, U.K . Finance, Jefferies, Rail, Defence, Banks, RBC Capital Markets, AIM, London Stock Exchange's, Ashtead Tech, Aquis, FactSet, RBC, Tatton Asset Management Locations: Transport, Britain, Quilter
The new year is commencing with most sectors — and stocks — being overvalued, according to Kotak's analysts. Here are four buy-rated Indian stocks with over 30% potential upside that analysts are betting on this Diwali. Kotak has a 12-month target price of 2,140 Indian rupees ($25.45) on the stock, implying around 40.8% potential upside. Other factors in its favor include regulatory tailwinds promoting recycling and the formalization of reverse charge mechanism on metal scrap, Kotak's analysts wrote in a Sept. 30 note. "SHK['s] tiny relative to global majors, but its technical capabilities are reputable," Kotak's analysts wrote in their Sept. 30 re-initiation report.
Persons: Kotak, Kelkar, Gabriel India, Organizations: South, Kotak Securities, Bombay Stock Exchange, Industries Fiem Industries, India's National Stock Exchange, Company, BSE, Anand, Gabriel Locations: India, automotives
CNN —Ahead of Hurricane Milton, many families in Florida were hunkering down in their homes or packing up their belongings to evacuate. She said she tried to get into multiple hurricane shelters, but the ones nearby were all full, and others were five hours away. “You can’t get to any of the hurricane shelters if you have a car that barely drives and you have no gas money to put in it,” said Jessica. “So, it’s just like you’re stuck with your fingers crossed with two children.”Unfortunately, Jessica’s experience during Hurricane Milton was not unique. Angels of Hope Outreach Ministries captures an encampment a few days after Hurricane Milton in St. Lucie County.
Persons: Jessica, I’m, , Billie Eilish, , Hurricane Milton, David, Kelly Long, David Long, Milton, Hurricane Helene, Mike DeSerio, Helene –, Helene, Donald Whitehead, ” Whitehead, ” Mary Frances Kenion, Lucie County, Christina Haney Reagan’s, Reagan, Reagan’s, ” Reagan, haven’t, Linda King, King, she’s, ” King, don’t Organizations: CNN, Facebook, Hope Outreach Ministries, National Coalition for, Training, National Alliance, Homelessness, Hope Outreach, Asheville Locations: Hurricane Milton, Florida, Hurricane, North Carolina, Buncombe County, County, Asheville , North Carolina, Asheville, St, Lucie, Helene
In a social media landscape often dominated by playful dances and aesthetic montages, one surprising trend remains steadfast: historical grave cleaning. Stacey Habecker, known as “The Clean Girl” online, caused intense controversy with her upbeat and vibrant approach to grave cleaning. Despite the outcry of comments, reaction videos and expert advice, “The Clean Girl” continued creating and re-uploading grave cleaning videos to YouTube, Instagram and TikTok — getting hundreds of millions of views across her platforms. In some cultures, grave cleaning is part of family duty and tradition, such as with Día de los Muertos in Mexican and Central American culture. For members like Justin Frost, the hobby of grave cleaning came as a natural extension of a desire to learn more about his family history.
Persons: Stacey Habecker, Habecker, Jason Church, TikTok —, Habecker hasn’t, , ” Andra Berghoff, Día, Justin Frost, ” Frost, Frost, , it’s, Allyson Stephenson, Allyson Stephenson “, Stephenson, I’m, ” Stephenson, “ TikTok, they’re, “ They’re Organizations: Facebook, National Center for Preservation Technology, Training, NBC, Tuskegee University Locations: los Muertos, Mexican, Central American, Montgomery , Ala, unkept, Felts Mills, Jefferson County, gravesites .
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter. The preliminary print, announced by German statistics office Destatis, is harmonized across the euro area for comparability. Harmonized inflation had dropped to 1.8% in September, after coming in at the European Central Bank's 2% target in August. So-called core inflation, which strips out more volatile food and energy costs, came in at 2.9% in October, the German statistics office said Wednesday, an increase from the 2.7% reading of September. In a note translated by CNBC, Deutsche Bank economist Sebastian Becker said that the renewed rise in core inflation showed that the problem of growth in price increases was not resolved, and that further patience was needed.
Persons: Sebastian Becker, Carsten Brzeski, meanwhile, Destatis Organizations: Central, German, comparability, Reuters, CNBC, Deutsche Bank, ING Locations: Bavarian, Germany
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