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America has a new favorite brand: Nvidia, the computer chip company that's helping power an artificial intelligence revolution. The result is a measurement "of the reputations of companies most on the minds of Americans," Axios wrote on Wednesday. Both Nvidia and second-place 3M — a multi-industry conglomerate based in Maplewood, Minnesota — were the only two companies on the list to score an "excellent" reputation. Other consumer brands from last year's top five — Costco, Trader Joe's and Chick-fil-A — rank 11th, 13th and 21st, respectively. 3 on last year's list, didn't qualify as one of the country's most-visible companies this year.
Persons: Axios Harris, Axios, Harris, Jensen Huang, Huang, Joe's, John Deere Organizations: Nvidia, Fidelity, Sony Adidas, Honda Motor Company Patagonia Apple Samsung, Google, Forbes, Maplewood , Minnesota —, Costco, Trump Organization, Spirit Airlines, Meta, Fox Corporation Locations: America, Maplewood , Minnesota, Patagonia
Lewis’ plan, however, included more than just revamping The Post’s subscription offerings. While The Post clearly plans to bet big on infusing its products with A.I., it wants to emphasize the human element of its journalism. Whether the multi-pronged initiative is enough to turn The Post around, of course, remains to be seen. But the new publisher voiced confidence that these measures will put The Post on track for success. “I really hope at some point in the future, when you look back on this day,” he told staffers, “it’s actually quite a significant day in the history of our company.”
Persons: Will Lewis, strode, Lewis, , ” Lewis, I’m, Axios, we’ve, ” Karl Wells, Lewis ’, Vineet Khosla, , Sally Buzbee, Kathy Baird, “ it’s Organizations: New York CNN, The Washington Post, Brit, Apple, POLITICO, Silicon Locations: New York
Fed officials aren’t easing Wall Street’s nerves
  + stars: | 2024-05-22 | by ( Bryan Mena | ) edition.cnn.com   time to read: +4 min
Optimism spurred by the latest inflation data pushed all three major stock indexes to new record highs. But now Wall Street, eager for rate cuts, is on edge again. But some financial leaders remain doubtful that the Fed is feeling confident enough to cut rates soon. “I think we’re set up for stickier inflation.”Some Fed officials say another rate hike isn’t likelyFed officials have mostly sounded a little more optimistic about inflation recently, after the Consumer Price Index for April finally provided some welcome news. Cleveland Fed President Loretta Mester told Bloomberg on Monday that she also thinks interest rates are high enough to deal with inflation.
Persons: they’re, Dow, Christopher Waller, ” Waller, Goldman Sachs, David Solomon, “ I’m, , , Philip Jefferson, Mary Daly, Axios, Jerome Powell, Klaas Knot, Loretta Mester, Chris Larkin Organizations: Washington CNN, Federal Reserve, CNBC, , Peterson Institute for International Economics, Boston College, Mortgage, Association, ” San Francisco Fed, European Central Bank Governing, Cleveland Fed, Bloomberg, Locations: ” San
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden believes he can handle trade wars more effectively than Trump: Axios' Alex ThompsonAlex Thompson, Axios national political correspondent, joins 'Squawk Box' to discuss Biden's recent commencement speech at Morehouse College and more.
Persons: Biden, Axios, Alex Thompson Alex Thompson Organizations: Trump, Morehouse College
Senior American and Iranian officials held talks through intermediaries in Oman this past week, the first such conversations since Iran launched a retaliatory attack on Israel with hundreds of missiles and drones last month, according to a person familiar with the recent meetings. Brett McGurk, the top White House official on Middle East policy, and Abram Paley, the deputy special envoy for Iran, attended the talks in Oman. Since the Israel-Hamas war broke out, several Iran-backed militias in Iraq and Syria have stepped up attacks on American troops, raising fears of a wider war. However, U.S. intelligence officials assess that neither Hezbollah nor Iran wants to engage in a wider war. The format of the talks in Oman was similar to ones held in January: The Americans sat in one room while their Iranian counterparts sat in another, and Omani officials shuttled between the rooms.
Persons: Brett McGurk, Abram Paley, Axios Organizations: White, Hamas, United Locations: Oman, Iran, Israel, Iraq, Syria, Lebanon, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden and Trump are set to debate in June and September: Here's what to expectAlex Thompson, Axios national political correspondent, joins ‘Squawk Box’ to to discuss what to expect from the Biden-Trump debates scheduled for June and September, the impact of these debates on the election, and more.
Persons: Trump, Alex Thompson Organizations: Biden, Trump
During Hurricane Katrina in August 2005, Six Flags New Orleans was completely flooded. Since then, the park has stood abandoned, save for visits from urban explorers and alligators. A lease was signed in October 2023 to begin redeveloping the land, but work has not started yet. AdvertisementBefore Hurricane Katrina hammered the Gulf Coast in 2005, killing almost 1,400 people and destroying millions of dollars worth of property, there was a Six Flags just outside New Orleans. Almost two decades later, Six Flags New Orleans still sits abandoned, now a time capsule of life before Katrina.
Persons: , Axios, it's Organizations: Flags, Service, Business Locations: Orleans, New Orleans
Beewise: 2024 CNBC Disruptor 50
  + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Israeli agtech startup Beewise Technologies is using AI, sensor, robots and computer vision to save more honeybees as climate change has threatened their survival, leading to more than one-third of bee colonies disappearing each year and threatening food supplies. This social impact business has designed and built high-tech hives that help the bee's chances of survival, and keep it harvesting honey and pollinating crops. Honeybees pollinate $15 billion worth of crops in the U.S. each year, such as vegetables, fruits and nuts, not to mention produce honey. Beewise is not the only startup going after the growing market for commercial beekeeping pollination services, estimated by the USDA at $320 million annually. Former Disruptor BeeHero, also from Israel, is a close competitor.
Persons: Saar, Elijah Radzyner, Disruptor BeeHero, Beewise Organizations: Saar Safra, UN, USDA, Partners Locations: U.S, Israel, New York
Sweetgreen introduced caramelized garlic steak, which is now the most expensive protein on its menu. The salad chain, which has over 225 locations, added caramelized garlic steak on Tuesday. Axios reported that it's the first red meat Sweetgreen has sold. In comparison, Sweetgreen charges $2.75 to add roasted tofu, $3.75 to add blackened or roasted chicken, and $6.15 to add miso glazed salmon. Neman said that Sweetgreen introduced steak to boost its dinner sales and expand its customer base.
Persons: Sweetgreen, , Jonathan Neman, they've Organizations: Service, New York Times, Times Locations: Manhattan, Boston, Neman, Australia, New Zealand
Donald Trump appeared to close the door on Nikki Haley as a potential vice president. Trump's remark came after an earlier report that Haley was in the mix for VP. AdvertisementFormer President Donald Trump on Saturday threw cold water on any speculation that he was considering ex-presidential rival Nikki Haley as his running mate, saying she was "not under consideration." Just hours after the article was published, Trump went online to set the record straight on his vice presidential search. AdvertisementWhen Haley left the race, she did not throw her support behind Trump's reelection bid and gave no timeline for a potential endorsement.
Persons: Donald Trump, Nikki Haley, Trump's, Haley, , Trump, Ron DeSantis, Chris Christie, Biden Organizations: Service, Saturday, UN, Trump, GOP, Florida Gov, New, New Jersey Gov Locations: South Carolina, New Jersey, exurban
Ambassador to the United Nations Nikki Haley (L) and Former U.S. President and Republican presidential candidate Donald Trump, campaigning in New Hampshire on Jan. 23rd, 2024. Donald Trump on Saturday made it clear that former Republican presidential candidate Nikki Haley is not on his running mate shortlist, quieting rumors that his campaign had been considering her as an option. The comment came several hours after Axios reported that Haley was in the Trump campaign's vice president conversation, citing two anonymous sources. Haley's wealthy donor base could help Trump make up his fundraising problems, which are compounded by legal fees related to several ongoing lawsuits. "Now when I say that, that probably means that she's not going to be chosen as the vice president."
Persons: Nikki Haley, Donald Trump, Axios, Haley, Trump, Joe Biden's, Elise Stefanik, Sen, Tim Scott, Marco Rubio, Doug Burgum, Kristi Noem, Kim Jong, Trump's Organizations: U.S, United, Former U.S, Republican, Jan, Trump campaign's, Trump, GOP, North Dakota Gov, Doug Burgum . South Dakota Gov, North, Wisconsin Locations: New Hampshire, Doug Burgum ., North Korean
Donald Trump spent his day off from court at a supporters' dinner at Mar-a-Lago, Axios reported. The former president hosted fans who'd bought NFTs from his "Mugshot Edition" collection. Footage from the event showed Trump claiming that Joe Biden "has no idea" what crypto is. The mugshot NFTs cost $99 apiece. AdvertisementIn one post on X, the former president is seen saying: "Can we donate to the Trump campaign using crypto?
Persons: Donald Trump, Axios, who'd, Joe Biden, , Daniels, Joe, Trump, Crypto, Frank Degods, Biden, Gary, Gensler, you'd Organizations: Mar, Trump, Service, Biden, Securities, Exchange, SEC, cryptocurrencies
And yet I think many of us now feel we know a little too much about Kristi Noem, one of the more aggressive contestants in the MAGA pageant to be Donald Trump’s running mate. Second, when it comes to reminiscing about meeting world leaders, Ms. Noem has a touch of George Santos about her. But what was Ms. Haley really up to? According to Ms. Noem, Ms. Haley told her: “I’ve heard many good things about you. It was weird,” Ms. Noem recalls in her book telling her assistant.
Persons: Kristi Noem, Donald Trump’s, Noem, George Santos, Kim Jong, gunning, Wayne LaPierre, LaPierre, , Nikki Haley, Haley, Ms, “ I’ve, , Organizations: National Rifle Association Locations: MAGA, South Dakota, South Carolina
President Biden paused an arms shipment to Israel last week to prevent the U.S.-made weapons from being used in a long-threatened assault on the city Rafah, administration officials said on Tuesday night, a sign of the growing rift between Washington and Jerusalem over the conduct of the war. The president withheld 1,800 2,000-pound bombs and 1,700 500-pound bombs that he feared could be dropped on Rafah, where more than one million Gazans have taken refuge, the officials said. The administration is reviewing whether to hold back future transfers, including guidance kits that convert so-called dumb bombs into precision-guided munitions. Israeli officials disclosed the weapons pause to Axios earlier this week, but U.S. officials refused to confirm it either at briefings or privately until Tuesday night. Confirmation of the arms pause came just hours after Israel sent tanks into the city in southern Gaza.
Persons: Biden, Biden’s, Israel Organizations: Biden’s Democratic, Hamas Locations: Israel, U.S, Rafah, Washington, Jerusalem, Gaza
Donald Trump praised many potential running mates, including South Dakota Gov. The former president's comments come as Noem faces backlash over killing her dog. Noem has argued that killing Cricket shows she make hard choices. Kristi Noem amid the uproar over her disclosure that she killed her 14-month-old dog named Cricket decades ago. She also reiterated that killing Cricket illustrates that she won't avoid hard choices.
Persons: Donald Trump, Kristi Noem, Noem, , Donald Trump isn't, Trump effusively, Trump, She's, I've, Joe Biden, Kim Jong Un, Margaret Brennan Organizations: South Dakota Gov, Cricket, Service, Axios, Trump, North, CBS Locations: Lago, South Dakota
CNN —The Biden administration paused a shipment of US-made ammunition to Israel, according to a source familiar with the matter, who did not disclose why the decision was made. The hold is not connected to a potential Israeli operation in Rafah and doesn’t affect other shipments moving forward, the source said. Asked about the paused shipment, a National Security Council spokesperson cited ongoing security assistance to Israel. “The United States has surged billions of dollars in security assistance to Israel since the October 7 attacks, passed the largest ever supplemental appropriation for emergency assistance to Israel, led an unprecedented coalition to defend Israel against Iranian attacks, and will continue to do what is necessary to ensure Israel can defend itself from the threats it faces,” the spokesperson said. Axios first reported the paused ammunition shipment.
Persons: CNN —, Biden, , Axios Organizations: CNN, National Security Locations: Israel, Rafah, United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The firm closed a $33 million round of Series B funding, with the bulk of the money going toward building out its advertising business, CEO Tyler Denk told Business Insider. With the new round of funding, Beehiiv hopes to make $5 million from ads in 2024, he said. AdvertisementBeehiiv acquired the email ad platform Swapstack and launched its ad network that places ads in newsletters during the third quarter of 2023. Beehiiv's Denk said that Beehiiv has a "difference in philosophy" on ads than Substack does.
Persons: , Tyler Denk, Beehiiv, Denk, Boston Globe Media's, Beehiiv's cofounders, Substack, Jesse Singal, Beehiiv's Denk Organizations: Service, Business, NEA, Sapphire, Lightspeed Venture Partners, Boston Globe, Morning, Netflix
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAxios CEO Jim VandeHei on the 2024 election, Trump vs. Biden rematch and importance of introspectionJim VandeHei, Axios co-founder and CEO and ‘Just the Good Stuff’ author, joins 'Squawk Box' to discuss the state of politics, the 2024 election, life lessons from his new book, and more.
Persons: Jim VandeHei, Biden, Axios, Organizations: Trump
Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. Revenue from Amazon Web Services came out to $25.04 billion, according to the company's earnings statement. The growth marked a step up from the 13% increase Amazon reported for AWS in the fourth quarter. Analysts polled by StreetAccount had expected $7.52 billion in AWS operating income. The AWS operating margin widened to 37.6%, the widest at least since 2014.
Persons: Adam Selipsky, StreetAccount, Gartner, Axios, Anthropic, CFRA's Zino Organizations: Amazon Web Services, Bloomberg Technology Summit, Amazon, Revenue, AWS, Google, Microsoft Locations: San Francisco
A House Republican said on Tuesday that he was drafting a resolution to formally rebuke Representative Ilhan Omar, Democrat of Minnesota, for recent comments in which she suggested that some Jewish students at Columbia University were “pro-genocide.”Representative Don Bacon, Republican of Nebraska, does not yet have a timeline for releasing his censure resolution against Ms. Omar, a spokeswoman said. But Mr. Bacon said the remark amounted to antisemitism from the congresswoman, a progressive firebrand and one of two Muslim women in the House, who has drawn criticism in the past for incendiary comments. “Folks can protest Israel, but don’t blame Jewish American students for Israel,” Mr. Bacon told Axios, which earlier reported his censure plans. “That is by definition antisemitism.”
Persons: Ilhan Omar, Don Bacon, Omar, Bacon, ” Mr, Axios, Organizations: Republican, Columbia University, , Israel Locations: Minnesota, Nebraska, Israel
Washington CNN —Kim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White House official said Thursday. Kardashian previously met with former President Donald Trump at the White House as part of her advocacy for criminal justice reform. In 2019, she delivered remarks from the White House East Room on a new initiative aimed at helping former inmates get jobs out of prison. She met with Trump at the White House again in 2020. Axios first reported Kardashian’s visit to the White House.
Persons: Washington CNN — Kim Kardashian, Kamala Harris, Joe Biden, Kardashian, Donald Trump, Alice Marie Johnson, Axios, Biden, Rolling Stone, , ” Biden, Harris, Steve Benjamin Organizations: Washington CNN, White, Trump, Rolling, Administration Locations: Ottoman Empire, Armenia, Azerbaijan
House Speaker Mike Johnson wants Columbia University's President out. Johnson and other House Republicans have criticized her handling of campus protests and antisemitism. AdvertisementHouse Speaker Mike Johnson wants Columbia University's president to resign, calling her "inept" and "weak." "This president, Shafik, is shown to be a very weak, inept leader. They cannot even guarantee the safety of Jewish students?
Persons: Mike Johnson, Johnson, , Israel's, UPenn, Claudine Gay, UPenn's Elizabeth Magill, Sally Kornbluth, Hugh Hewitt, it's, They're, Shafik, Harvard's Claudine Gay, they've, shouldn't, Anthony D'Esposito, Yuda Drizin Organizations: Columbia, Republicans, Service, Harvard, MIT, NYPD, Palestinian, NY Republican, The Washington, Columbia Jewish, Washington Post Locations: Israel, Gaza, America, Columbia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSenate set to vote on $95B foreign aid package: Here's the state of playStef Kight, Axios senate reporter, joins 'Squawk Box' to discuss the state of the $95 billion foreign aid package that passed in the House over the weekend, whether the bill has enough bipartisan support to pass the Senate, and more.
Persons: Stef Kight Locations: Axios
Mr. Netanyahu said in a social media post that his government would “act by all means” against any such move. The sanctions, if imposed, would not hold up the military aid that was just approved in Congress. The Israeli military disciplined three of the unit’s commanders after the investigation. Human rights organizations have long accused the Israeli military justice system of whitewashing wrongdoing and the military of acting with impunity. More than 34,000 Palestinians have been killed during the six months of war, according to Gazan health officials.
Persons: Benjamin Netanyahu, Mr, Netanyahu, Axios, Netzah Yehuda, Leahy, Yehuda, Omar Abdelmajed Assad, , Assad’s, Biden, Benny Gantz, Yoav Gallant, Antony J, Blinken, Jacob J, Lew, Gallant, Mick Mulroy, , ” Natan Odenheimer, Gabby Sobelman Organizations: West Bank, Biden, Netzah, Jewish, Israel, Pentagon, State Locations: States, Gaza, Israel, Israel’s, Iran, U.S, United States
The intelligence chief of Israel's Defense Forces has resigned citing failures linked to the Hamas terror attack carried out on Oct. 7, during which 1,200 people died in Israel and more than 200 were taken hostage. "On Saturday, October 7, 2023, Hamas carried out a murderous surprise attack against the State of Israel, whose consequences are severe and painful. Haliva had previously assumed responsibility for failure to prevent the devastating attack, amid mounting domestic criticism and demands for accountability from Israel's highest echelons. "The reports regarding sanctions against the Netzah Yehuda Battalion are not currently known to the IDF. Should such a decision be made on the matter, its consequences will be reviewed," the Israeli military added.
Persons: Aharon Haliva, Haliva, Benjamin Netanyahu, Haliva's, Netanyahu, Axios, Netzah Yehuda, Yehuda, Yoav Gallant, Antony Blinken Organizations: Israel's Defense Forces, State, IDF, Israeli, Reuters, Times, Hamas, West Bank, CNBC, Netzah, Israel Defense Forces, U.S Locations: Israel, Times of Israel, Gaza, U.S, Iran
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