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AdvertisementJPMorgan tech exec Teresa Heitsenrether talked about the bank's ongoing adoption of generative AI. And it certainly has helped with that," Heitsenrether, who is responsible for executing the bank's generative AI strategy, told a conference in New York on Thursday. AdvertisementDimon himself is a "tremendous user," she said, and is waiting for the ability to use the bank's tools on his phone. JPMorgan, America's largest bank, has now rolled out the LLM Suite, a generative AI assistant, to 200,000 of its employees. The wealth and asset management arm was the first division to use generative AI, piloting a generative AI "copilot" for its private bank this summer.
Persons: Teresa Heitsenrether, Heitsenrether, it's, Jamie Dimon, Dimon, He's, Keri Smith, What's, she'll, Sumitra Ganesh, Ganesh Organizations: JPMorgan, Accenture Locations: New York
Someone at the National Turkey Federation once had an idea: Let’s send a live turkey to Harry Truman for a presidential holiday feast! Previously, some individual turkey producers had sent their products to the president to promote them, but the greater resources of the National Turkey Federation meant that the story could be promoted more effectively. The turkey sent to President Truman was killed and eaten, as were turkeys subsequently sent to President Dwight Eisenhower. The turkeys pardoned by President Biden last Thanksgiving were supplied by America’s largest turkey producer, Jennie-O Turkey Store, part of the giant Hormel Foods Corporation. Other turkey producers also received many millions of dollars, part of a huge subsidy for U.S. turkey and chicken producers.
Persons: Harry Truman, Truman, Dwight Eisenhower, John F, Kennedy, , , ” Kennedy, George H.W, Bush, Biden, Jennie Organizations: National Turkey Federation, Hormel Foods Corporation . Locations: Turkey
LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.'s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an in-depth review of the mobile browser markets. In the report, the group recommended that the CMA investigates Apple and Google's activities in mobile ecosystems under the new Digital Markets, Competition and Consumers Act (DMCC), a new U.K. law coming into force next year which seeks to prevent anti-competitive behavior in digital markets. The DMCC is akin to the Digital Markets Act in the European Union. The group also said it found a revenue-sharing agreement between Google and Apple to make Google the default search engine on iPhone "significantly reduces their financial incentives to compete in mobile browsers on iOS."
Organizations: Apple, Google, Markets Authority, CMA, Markets, Competition, Consumers, Digital, European Union
The yearslong effort to vanquish Donald Trump in court was a dismal failure. To oppose Mr. Trump in his second term, liberals must learn the lesson of this defeat, which is that there is no alternative to persuading our fellow citizens of our beliefs. Fifty years ago, Richard Nixon’s four Supreme Court appointments — Mr. Trump got only three — shoved the court right and consigned liberals to damage control. In this election, legalistic tactics contributed to Mr. Trump’s victory, helping to produce the popular majority he had never boasted before. For all of Mr. Trump’s misdeeds, prosecuting them was not worth the cost of restoring him to power.
Persons: Donald Trump, Trump, Richard Nixon’s, Mr, Judith Shklar, Trump’s
Why the U.S. is growing less food
  + stars: | 2024-11-22 | by ( Natalie Rice | ) www.cnbc.com   time to read: +3 min
Fruit production is down nearly 36% in 2024 from 2003, while vegetable production is down 6.3%, according to the USDA. Imports make up a growing share of fresh produce availability, with 60% of the total fruits and 38% of vegetables in the U.S. supplied by other countries in 2021, with Mexico as the largest supplier. The U.S. prioritizes growing commodities — like corn, soybeans, wheat and sugar. And that's a big sticking point for many small to midsize farmers growing fruits and vegetables. The 2018 farm bill extended into 2024 but expired in September.
Persons: Angela Huffman, Chip Kent, Tom Vilsack Organizations: United States Department of Agriculture, USDA, Imports, Environmental Locations: States, U.S, Mexico, Locust Grove, Milton , New York
Here are Friday's biggest calls on Wall Street: Goldman Sachs initiates Flutter as buy Goldman said the online gambling company is well positioned. " Redburn Atlantic Equities reiterates Microsoft as buy The firm said investors should buy the dip in Microsoft shares. Baird upgrades KinderCare to outperform from neutral Baird said investors should buy the dip in shares of the daycare company. Baird upgrades Bright Horizons to outperform from neutral Baird said the daycare company is well positioned. Baird upgrades Elastic to outperform from neutral Baird said the software company is an AI beneficiary.
Persons: Goldman Sachs, Goldman, Piper Sandler downgrades Sunrun, Piper, KeyBanc, Baird, Klarna, Phillip, JPMorgan, it's, Carpenter, Needham, it's bullish, John Donohoe, Elliott Hill, they've, Wells, Truist, Leerink Organizations: Citi, Apple, UBS, Microsoft, RBC, Bank of America, Apple Pay, Phillip Securities, Nvidia, Carpenter Technology, JPMorgan, Nike, " Bank of America, KD, Semiconductors, Global Business Travel Group Locations: 2H25, North America
Trump hush money sentencing delayed indefinitely
  + stars: | 2024-11-22 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +1 min
Former US President Donald Trump attends the second day of his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City on April 16, 2024. A New York judge Friday indefinitely postponed President-elect Donald Trump's sentencing in his criminal hush money case. Trump's attorneys — including Todd Blanche, whom Trump recently tapped to be the No. 2 official at the Department of Justice — argued Tuesday that the hush money case must be thrown out "immediately." "Just as a sitting President is completely immune from any criminal process, so too is President Trump as President-elect," Blanche and lawyer Emil Bove wrote in a letter to Merchan.
Persons: Donald Trump, Donald Trump's, Judge Juan Merchan, Trump, Todd Blanche, Department of Justice —, Blanche, Emil Bove Organizations: Manhattan Criminal, Prosecutors, Manhattan, Attorney's, Department of Justice Locations: New York City, York
A majority of full-time workers, 66%, got a raise in the last year whether they asked for one or not, according to an October survey of 2,049 people from LendingTree. And not everyone is asking for a raise at equal rates: Just 35% of women discussed getting a raise, compared with 49% of men, according to LendingTree data. By age range, Gen Z and millennial workers (ages 18 to 43) are most comfortable negotiating for a pay increase. However, the second most-common reason people took a pay cut, at 17%, was in order to take another job with less stress. Roughly one-third of people who experienced a pay cut in the last year saw their salary drop by less than $5,000.
Persons: Z Locations: LendingTree
He books hotels based on which have the best gym, including machines like a leg press. AdvertisementNanjiani's ideal gym has a leg press and shoulder press machineNanjiani said the two pieces of fitness equipment he's most excited to see in a hotel gym are a leg press and a shoulder press machine. Advertisement"I love a leg press machine. It doesn't have a leg press machine, so I'm doing squats," he said. But his go-to for upper body exercise is the shoulder press machine because it helps ensure safety and good form even at higher intensities.
Persons: Kumail Nanjiani, Nanjiani, I'm, Emily, I've Organizations: Quest Nutrition
AdvertisementT.J. Maxx is set to benefit from Trump's proposed tariffs on imports. T.J. Maxx could end up benefiting from Trump's suggested tariffs. Related Video Truth Social just brought Trump a $4 billion windfall, but experts aren't soldThis means more opportunities for T.J. Maxx to buy stock as excess inventory kicks around the market. For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. AdvertisementTJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year.
Persons: Maxx, Trump, aren't, Chris Walton, Lorraine Hutchinson, Neil Saunders Organizations: Target, Omni, Bank of America, Home Goods, GlobalData Locations: T.J, China
I must have the address where the party is happening and the phone number of an adult there. So I set some ground rules for my kids to party and for me to have peace of mind. We find a compromiseI miss the days when I knew most of my kids' friends and their parents and we all looked out for each other's offspring. Rule number two is that they have to always keep their location on and share it with us on their devices. Rule number three, one we just added, is that we need the contact info of whoever they believe is their most responsible friend.
Persons: we've, I've, I'm, It's, didn't, We've, overdosing Locations: individuation, Naloxone
Opinion | The Secret Behind America’s Moral Panic
  + stars: | 2024-11-22 | by ( M. Gessen | ) www.nytimes.com   time to read: +2 min
President Trump is for you” — Democrats are now debating how much the issue of trans rights hurt them and how fast they should retreat from it. The party’s decision to focus on the issues that matter to most voters, especially reproductive rights, and set trans rights aside is based on a misconception. The two issues can’t be separated, because trans rights don’t just resemble reproductive rights; trans rights are reproductive rights. But opponents of trans rights argue that there is an area in which the consequences can be nothing short of catastrophic, and that area is reproduction. Both of them have repeatedly expressed fear that the treatment they received as teenagers could have rendered them infertile.
Persons: Donald Trump, “ Kamala, Trump, Kamala Harris, Chloe Cole, Keira Bell Locations: United States, United Kingdom
But with living costs pinching even high earners and the fact that more money almost always brings individuals more happiness , it's understandable that Americans say you need a substantial salary to be considered successful. While the average salary Americans say they need to be successful is high compared with what the average person is currently earning, Gen Z sets their sights even higher. The average salary adults between the ages of 18 and 27 say they need to be successful is $587,797, Empower found. That could be part of the reason they say they'd need such a high salary to feel accomplished, says Rebecca Rickert, head of communications at Empower. On average, Americans say you need a net worth of about $5.4 million to be considered successful, Empower reported.
Persons: Gen Z, Rebecca Rickert, boomers, Rickert Organizations: . Census, CNBC Locations: U.S
CNN —Kristin Chenoweth doesn’t always sing “For Good,” the soaring duet of heavenly harmonies from the musical “Wicked,” at her shows. Sarah Horn is glad she did. In her case, it put her on a path that changed her life, in her words, “for good.”(From left) Beth Behrs, Darren Criss, Kristin Chenoweth and Sarah Horn at the Hollywood Bowl in 2013. (From left) Sarah Horn and her husband Raffaele Cipriano at their wedding in July. Andrea DeLongThe gift of musicHorn first saw the “Wicked” musical in 2004 on Broadway with the original cast of Chenoweth as Glinda and Idina Menzel as Elphaba.
Persons: CNN — Kristin Chenoweth doesn’t, , Glinda, Sarah Horn, Chenoweth, Horn, Glee, Darren Criss, they’re, ” Horn, Oz, Jon M, Beth Behrs, Kristin Chenoweth, Milena Kitic, Kitic, Raffaele Cipriano, , Soprano, Andrea DeLong, Idina Menzel, Elphaba, you’re, could’ve, ” Kristin Chenoweth, ’ ” Chenoweth, I’ve, aren’t Organizations: CNN, Hollywood Bowl, California Baptist University, Branch, Ars Vocalis Academy, , Broadway, Hollywood Locations: Sarah Horn An, China, Texas, North Carolina, Los Angeles, Italy, Orange, Kansas
DON'T MISS: The ultimate guide to negotiating a higher salary If you want to have a smooth transition into a satisfying retirement life, there are many questions you can ask yourself — chief among them, "Do I have enough money saved?" Be honest: Would you say work is what you do, or who you are? Now think about the aspects of your pre-retirement self you'd like to carry over into your retirement life in some way. If you can do that honestly, you're more likely to find a satisfying retirement on the other side. Teresa received her Ph.D. in psychology from Stanford University, and she is the co-author of "Retiring: Creating a Life That Works for You."
Persons: , Irene, she'd, Victor, Jay, Teresa M, Amabile, Edsel Bryant Ford, Teresa Organizations: Harvard Business School, Edsel, Business Administration, Stanford University Locations: Cape Cod
X's new terms of service, which took effect Nov. 15, are driving some users off Elon Musk's microblogging platform. The terms are prompting some longtime users of the service, both celebrities and everyday people, to post that they are taking their content to other platforms. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates X had 318 million monthly users as of October. That same month, Meta said Threads had nearly 275 million monthly users. Here are some of the noteworthy changes in X's new service terms and how they compare with those of rivals Bluesky and Threads.
Persons: Gabrielle Union, Donald Trump, Musk, Meta, Bluesky Organizations: Elon Musk's, Twitter, Bluesky's, CNBC Locations: Bluesky, Bluesky's U.S
WNBA star Cameron Brink had to learn how to negotiate her worth sooner than most 22-year-olds. Despite suffering a torn ACL in June that sidelined her rookie season, Brink's momentum off the court hasn't slowed. "Building my confidence in negotiations has been a journey for me, but I remind myself that my skills and hard work are valuable," Brink told CNBC Make It in an email. The most important step she takes to prepare for any negotiation, Brink says, is to research the companies she negotiates with. By contrast, the highest-paid players in the NBA are earning more than $50 million a year — and that's before factoring in sponsorships.
Persons: Cameron Brink, Brink, New Balance's, Caitlin Clark —, She's, Hamby, Steph Curry, Adam Broda, Taylor, you've Organizations: New, Stanford University, Sports Illustrated, Los Angeles Sparks, CNBC, Amazon, WNBA, Women's, Basketball Players, Vogue Business, NBA
Sexual misconduct allegations against Matt Gaetz had drawn scrutiny after Mr. Trump said he wanted to nominate him for attorney general. Mr. Trump moved quickly to replace Mr. Gaetz with another conservative favorite. Federal prosecutors ultimately dropped the case against Mr. Gaetz, but their chart of payments was obtained by the ethics committee, which was investigating whether Mr. Gaetz had sex with the woman when she was underage. After she turned 18, Mr. Gaetz paid for sex with her on at least two other occasions, the person said. Mr. Trump seemed attracted to Mr. Gaetz as attorney general especially because of the former congressman’s willingness to blow things up.
Persons: Matt Gaetz, Trump, Donald J, Gaetz, Pam Bondi, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Vance, Mr, ” Mr, “ Matt, Jean Carroll, Hegseth, Kennedy, Elon Musk, Linda McMahon, JD Vance, , , Todd Blanche, Blanche, implacably, Lisa Murkowski, Susan Collins of, Mitch McConnell of, John Curtis of Utah, Collins, McConnell, Murkowski, Curtis, John Cornyn, Kevin Cramer, Ginger Luckey, Kevin McCarthy, Andrew Bailey, Robert J, Giuffra Jr, Cromwell, Boris Epshteyn, Marco Rubio, Trump’s, Tim Balk, Michael Gold, Michael C, Bender, Karoun Demirjian, Robert Draper, Catie Edmondson, Maya C, Miller, Michael S, Schmidt, Noah Weiland Organizations: Senate, Justice Department, Republicans, Fox News, Trump, DOJ, Mr, SpaceX, World Wrestling Entertainment, Capitol, Republican, Fort Walton, Florida Panhandle, New York Times, Wednesday, The Times, CNN, Sullivan, Department, Justice, Alcohol, Tobacco, Firearms, Explosives, 119th Locations: Florida, Washington, Ohio, Monterey , Calif, Manhattan, Alaska, Susan Collins of Maine, Mitch McConnell of Kentucky, Texas, North Dakota, Fort, Fort Walton Beach, Missouri, New York
In today's big story, billionaire Ken Griffin has some advice for President-elect Donald Trump, including a suggestion for his Treasury pick . While speaking Thursday at the Economic Club of New York, Griffin said he appreciates the importance of those issues to Americans but said aggressive tactics to address them could make things work. Griffin is one of the biggest donors to the Republican Party, but declined to publicly endorse either presidential candidate this year. AdvertisementModeration hasn't been the name of the game for Trump with some of his proposed policies. AdvertisementHe said he'd be open to selling a minority stake in his hedge fund to the right partner.
Persons: it's, Ken Griffin, Donald Trump, Trump Ken Griffin, Mike Blake, Insider's Bradley Saacks, Michelle Abrego, Griffin, Manny Roman, Trump, Marc Rowan, Rowan, Alexander Tamargo, Thoma Bravo Griffin, he'd, Zalubowski, Chelsea Jia Feng, Elon, Paul, Tyson, Megyn Kelly, Tucker Carlson Ron Antonelli, Chip Somodevilla, Rebecca Zisser, Tucker Carlson, Bari Weiss, BI's Peter Kafka, Chris Balfe, Ridley Scott's, You've, Dan DeFrancesco, Jack Sommers, Grace Lett, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Treasury, Trump, Citadel, Milken, Global Conference, Reuters, Economic, of New, Republican Party, Citadel Securities, Sequoia, Millennium Management, BlackRock, Chelsea, Getty, Netflix, Bank of America, NY Daily, Fox News, Auto, Ford, GM, Volkswagen Locations: Beverly Hills , California, U.S, of New York, Montreal, New York, London, Chicago
AdvertisementRussia fired what it said was a new type of ballistic missile at Ukraine this week. Russian President Vladimir Putin on Thursday said his military had fired a new type of missile at Ukraine, describing it as a test and also a warning to the West. The missile, described by the US as experimental, appears to have the range to hit targets elsewhere in Europe. Firefighters at the site of a Russian missile strike in Dnipro, Ukraine, November 21, 2024. He said​​ Russia "had the right" to strike countries that gave Ukraine weapons that hit Russia.
Persons: Putin, Vladimir Putin, Sabrina Singh, Matthew Savill, Mick Ryan, Efrem Lukatsky Jakub Janda, Pavel Podvig, , Volodymyr Zelenskyy, MIKHAIL METZEL, Fabian Hoffmann, Ryan, Farah Dakhlallah Organizations: Firefighters, Press Service, State Emergency Service of, Getty, Center for Arms Control, Financial Times, Royal United Services Institute, Associated Press, Australian Army, BBC, AP, European Values Center, Security, UN Institute for Disarmament Research, Oslo Nuclear Project, Reuters, Australian, NATO Locations: Ukraine, Dnipro, Europe, Russian, State Emergency Service of Ukraine, Dnipropetrovsk Region, Anadolu, United Kingdom, Russia, Moscow, Oslo
London CNN —The coronation of King Charles III and Queen Camilla held in May last year cost British taxpayers £72 million ($91 million), an amount some have labeled excessive. The £72 million spent on the coronation could have paid for 24 million free meals for schoolchildren in London, based on the city government’s current budget of £3.00 ($3.75) per meal. Some additional spending came from the Privy Purse, the monarch’s private source of income, a royal source told CNN. “Plans (for the coronation) were scaled back,” the royal source told CNN. The culture department, in its accounts, said it had underspent its budget on the coronation by £2.8 million ($3.5 million).
Persons: King Charles III, Queen Camilla, Queen Elizabeth II, Finnbarr Webster, , Graham Smith, Sovereign Grant —, Sovereign Grant, , Elizabeth II’s, Max Foster Organizations: London CNN, Department for Culture, Media, Sport, Home Office, Volunteers, Republic, CNN, Sovereign, CNN’s Royal Locations: United Kingdom, Weymouth , England, British, London, Lancaster, London’s Westminster
Prosecutors said four of his associates discussed their share of the bribes via Excel and PowerPoint. New York prosecutors charging one of India's richest men with bribery said his associates used Microsoft Excel and PowerPoint to discuss and analyze their corrupt payments. AdvertisementThe Adani Group and attorneys for the other defendants did not respond to requests for comment from BI. Prosecutors said that during this period, the Adani Group falsely told investors at least four times that it had not paid bribes. AdvertisementIn a statement on its website on Thursday, the Adani Group said the prosecution's accusations are "baseless and denied."
Persons: Gautam Adani, Prosecutors, Adani, Sam Bankman, Sagar Adani, Vneet Jaain, Rupesh Agarwal, Agarwal, Cyril Cabanes, Sagar Organizations: Excel, New, Microsoft, Adani, Energy, Power, Prosecutors, New York Stock Exchange, Eastern, of, Adani Group, US Department of Justice, Adani Enterprises, SEC, Wednesday Locations: New York, India, of New York, British, Hong Kong, Indian
But it’s not even Thanksgiving, and Donald Trump is already looking for a backup top law enforcement officer after Matt Gaetz withdrew his AG bid Thursday. The last time around, Trump lost just one of his initial Cabinet picks, when Andrew Puzder withdrew as the labor secretary nominee in February 2017. ➡️ More on the Trump transitionAside from Gaetz, two of Trump’s other Cabinet picks, Hegseth and Kennedy, have also faced serious allegations of sexual impropriety, which they have both denied. 🗞️ Today’s other top stories 👀 Buckeye State battle brewing: The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched. Read more →The jockeying for JD Vance’s Ohio Senate seat has begun, and the potential candidates’ statements about Trump’s Cabinet picks are being closely watched.
Persons: Matt Gaetz, Jonathan Allen, Henry J, Gomez, Olympia Sonnier, Jake Traylor, Julie Tsirkin Matt Gaetz’s, Donald Trump, , Gaetz, MAGA, Trump, Sens, Mitch McConnell of, Lisa Murkowski, Susan Collins of, Markwayne Mullin, John Curtis of Utah, Read, Jonathan Allen It’s, George H.W, Texas Sen, John Tower, it’s, — Trump, Bill Clinton’s, Zoë Baird, Kimba Wood, Pete Hegseth, Tulsi Gabbard, Robert F, Kennedy Jr, Barack Obama’s, Tom Daschle, Bill Richardson, Judd Gregg, Andrew Puzder, ➡️, Hegseth, Kennedy, Mehmet Oz, El Organizations: NBC, White House, Capitol, Republican, The Justice Department, Republicans, Gaetz, Pentagon, Former Fox News, Human Services, Commerce, ., Medicare, Services Locations: Florida, Washington, Trump, Mitch McConnell of Kentucky, Alaska, Susan Collins of Maine, Oklahoma, Texas, Obamacare
A missing Kansas woman who disappeared this year and was found in a freezer buried in a cow pasture in the Oklahoma panhandle was killed in a stabbing attack that left her with dozens of wounds, according to a medical examiner’s report. Veronica Butler, 27, died from sharp force trauma and had 30 wounds, 10 of which were consistent with her trying to defend herself, the Office of the Chief Medical Examiner in Oklahoma said in its report. Texas County Sheriff's DepartmentButler and Jilian Kelley, 39, a court supervisor in a children’s custody case, disappeared March 30. The defendants are Tifany Adams; Adams’ boyfriend, Tad Bert Cullum; Cole Earl Twombly; Cora Twombly and Paul Grice. On the day she disappeared, a day she had visitation, Butler planned to take her daughter to a birthday party.
Persons: Veronica Butler, Jilian D, Kelley, Veronica C, Butler, Butler . Texas County Sheriff's Department Butler, Jilian Kelley, Tifany Adams, Adams, Tad Bert Cullum, Cole Earl Twombly, Cora Twombly, Paul Grice ., Tim Laughlin, Cullum Organizations: Butler . Texas County Sheriff's Department, Oklahoma State Bureau of, State Bureau of Investigation Locations: Kansas, Oklahoma, Butler . Texas, Texas County , Oklahoma
To examine the issue of human smuggling, De León spent seven years closely studying the lives of men dedicated to smuggling migrants from Central America and Mexico into the U.S. The result was his nonfiction book, “Soldiers and Kings: Survival and Hope in the World of Human Smuggling," which on Wednesday garnered De León the prestigious National Book Award for nonfiction. While De León interviewed countless migrants and smugglers, his book focuses on the journeys of nearly half a dozen people from Honduras, Mexico and elsewhere. That’s talking about smugglers, talking about the political economy of undocumented migration — and people don’t want that. Despite his years of experience, De León said he learned new lessons while working on the award-winning book.
Persons: Jason De León, De León, , “ I’m, ” De León, , De Organizations: U.S, NBC News, University of California, Cotsen Institute of Archaeology, Army Locations: Central America, Mexico, Los Angeles, Honduras, Philippines, Long Beach , California, Rio Grande Valley, Texas, America, U.S
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