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Persons: you've, SkinCeuticals, they're, Danielle Braff, you'll Organizations: Business, Black, SkinCeuticals
CNN —Elon Musk and Vivek Ramaswamy intend to lean on two recent Supreme Court rulings that they argue will make it easier to tear up a multitude of federal regulations. However, multiple legal and regulatory experts told CNN that Musk and Ramaswamy are misinterpreting the decisions, which could actually make it harder to overturn existing rules. Slashing needed workersWhat’s more, the endeavor would require a lot of assistance from agency staffers – the very workers that Musk and Ramaswamy have promised to cut. For instance, in a town hall on X last month, Musk repeatedly criticized government regulations, citing their interference with his companies. “It’s quite arduous getting regulatory approval,” Musk said while discussing his Neuralink startup that develops implantable brain-computer interfaces.
Persons: CNN — Elon Musk, Vivek Ramaswamy, Donald Trump, Raimondo, Ramaswamy, won’t, , James Broughel, hasn’t, ” Musk, Trump, Nicholas Bagley, , Richard Pierce Jr, ” Broughel, ” Trump, Broughel, Biden, Joe Biden’s, Musk, ” CNN’s Tierney Sneed Organizations: CNN, Government, Environmental Protection Agency, Loper Bright Enterprises, Competitive Enterprise Institute, , Street, Congress, University of Michigan Law School, George Washington University, of Economic, Public Citizen, SpaceX Locations: West Virginia
But the owner of Twinkies and Uncrustables is predicting that nothing will be able to stop America’s insatiable hunger for snacks. “As it relates to anything in the political domain, we believe very strongly that snacking continues,” J.M. Food companies aren’t betting on Kennedy and the Trump administration to influence their businesses and Americans’ eating habits. Daniel Acker/Bloomberg/Getty ImagesSmucker believes that its food brands’ appeal and Americans’ craving for snacks will outweigh any changes Kennedy may bring. The brand includes meals high in protein and fiber that are “intended to be a companion for GLP-1 weight loss medication users and consumers focused on weight management.”
Persons: Robert F, Kennedy Jr, snacking, , Mark Smucker, Kennedy’s, Kennedy, Donald Trump, Kennedy “, ” Alexia Howard, Bernstein, General Mills, Kellogg, Kraft Heinz, Trump, ” Marion Nestle, Daniel Acker, Smucker, Biden Organizations: New, New York CNN, , Health, Human Services Department, Assistance, Pepsi, General, Trump, US Senate, New York University, CNN, Bloomberg, Getty, Research Locations: New York, Smucker, Tiskilwa , Illinois, U.S, Switzerland
Many had regrets about retiring too early, taking Social Security prematurely, and draining savings. Regrets included retiring too early, taking Social Security benefits prematurely, and draining retirement savings too quickly. Kathleen RuddAt 62, she retired from a job paying almost $60,000 a year and opted to take Social Security early. Cashing out Social Security too fastSharon, 77, took Social Security too early, prompting her to unretire to cover expenses. Advertisement"If only someone had just said, do not take Social Security early, do not invest your money this way," Sharon said.
Persons: boomer, they've, Kathleen Rudd, Rudd, wasn't, David John, John, Misty Miller, Miller, it's, Sharon, Cindy Kohli, Kohli, reprioritize Organizations: Social, Social Security, AARP, Security, Social Security Disability Insurance, Veterans Affairs Locations: Colorado, Sacramento, Atlanta, Arizona
His research, which hasn't been peer-reviewed, found that about 9.5% of coders were "ghost engineers.' AdvertisementMeasuring output is difficultDenisov-Blanch calls these workers "ghost engineers," defined as software engineers who are only 10% as productive or less than their median colleague. More remote workers were superstar codersMusk now aims to apply that same ruthless efficiency to the federal government. On one hand, he found that the prevalence of "ghost engineers" among remote workers was more than double that among in-person workers. But he also found that many more of the most effective engineers — employees whose performance was at least five times better than their median colleague — were working remotely.
Persons: hasn't, Yegor, Blanch, Paul Graham, Graham, Elon Musk, nobody's, coders Musk, Musk, Organizations: Stanford, Business, Software, Twitter, CNN, of Government Locations: Silicon Valley
AdvertisementMark Zuckerberg met with President-elect Donald Trump at Mar-a-Lago in Florida, the NYT reported. Trump and Zuckerberg, who did not endorse a candidate for president, have had a rocky relationship. Mark Zuckerberg became the latest tech CEO to meet with President-elect Donald Trump. The New York Times reported the Meta CEO met with Trump at the latter's Mar-a-Lago resort in Florida on Wednesday, citing two sources briefed on the meeting. Advertisement"Congratulations to President Trump on a decisive victory.
Persons: Mark Zuckerberg, Donald Trump, Trump, Zuckerberg Organizations: Mar, The New York Times, Meta, Trump, Business Locations: Lago, Florida
China's dominance in rare earth minerals poses risks to tech supply chains. AdvertisementFriend shoring to alliesFriend shoring, or moving supply chain, manufacturing, and operations to non-adversarial countries to have continuity, is one step to derisking tech's supply chain. Related storiesCreate redundancy in manufacturingTo derisk the supply chain, create redundancy. Regulation of the supply chain may increase, but tech companies and their suppliers could find solutions in data. "Technology cannot do it unto itself, because you can only rely on the data you can get to understand the whole length of the supply chain.
Persons: Megan Reiss, Reiss, they're, Trump's, shoring, Friend shoring, Trump Organizations: China . Department of, U.S . Department of Locations: North Korea, China, Mexico, Canada, U.S, Malaysia, Estonia, Japan
Opinion | The Inverted Morality of MAGA
  + stars: | 2024-11-28 | by ( David Brooks | ) www.nytimes.com   time to read: +1 min
He built a successful investment firm by supporting successful young businesses like Staples. But as Noah Millman writes on Substack, people in the MAGA movement take a different view of Romney. Millman’s underlying point is it’s not sufficient to say that Trump is leading a band of morally challenged people to power. The people I regard as upright and admirable MAGA regards as morally disgraceful, and the people I regard as corrupt and selfish MAGA regards as heroic. The crucial distinction is that some of us have an institutional mind-set while the MAGA mind-set is anti-institutional.
Persons: Mitt Romney, Donald Trump, Noah Millman, MAGA, Romney compliantly, Trump Organizations: Staples, Republican Locations: Romney, Washington
An embattled legacyUS Navy crewmembers boarding USS Beloit at Veterans Park in Milwaukee. Diana SalgadoThe Navy operates two types of littoral combat ships: the Independence-class and the Freedom-class. For example, USS Milwaukee, a $750 million Freedom-class ship, was decommissioned last year after just eight years in service. It's one of about half a dozen littoral combat ships — most being from the Freedom class — that have been pulled from active service. The Navy has since put some of its hopes for the LCS into the new class of frigate in development.
Persons: Cpl, Diana Salgado, Dirk Debbink Organizations: Beloit, Veterans Park, Milwaukee . US Marine Corps, Navy, USS Locations: Milwaukee ., USS Milwaukee, Beloit, China
AdvertisementIt's still a good time to embrace the AI revolution, according to VC firm Insight Partners. A recent Insight survey showed that 72% of its portfolio companies are using AI in their workflows. AdvertisementA recent survey by Insight showed that 72% of its portfolio companies are using AI, with 36% of them allocating new budgets specifically for these initiatives. Related storiesFocus on leveraging emerging AI technologiesThe idea of incorporating generative AI (GenAI) into companies can be daunting but it also has the potential to impact every function of a business. In a recent portfolio company survey, we found that 72% of portfolio companies are using Artificial Intelligence, with 36% of those companies creating a net new budget for those initiatives.
Persons: It's, you've, Organizations: Insight Partners, Business, Insight, Wiz
I sold everything, moved to Portugal, started my own business, and am living my best life. This is what I would dream of on stressful, busy days as a teacher in the US. I've also discovered a new-found love of Portuguese wine. Looking back on my journey, I am incredibly thankful for my decision to take this leap of faith and move years ago. This environment allows me to truly live my best life, appreciate the little things, and find joy every day.
Persons: I'm, Gabby Giffords, Jeana Whitaker, I've, haven't Organizations: Theatre, Portuguese Locations: Portugal, Lagos, Arizona, Europe, Port, Douro, stoplights
AdvertisementRachael Ray shared her go-to recipes to transform Thanksgiving leftovers into delicious meals. You don't need to let a fridge full of Thanksgiving leftovers go to waste. Business Insider spoke to celebrity chef Rachael Ray at last year's Burger Bash, an event during the New York City Wine & Food Festival, about her go-to recipes for transforming Thanksgiving leftovers like turkey, stuffing, and cranberry sauce into delicious meals. Her recipes include quick weeknight dinners, comfort foods, budget-friendly meals, and ways to get creative with leftovers. Here are five easy ways to transform your Thanksgiving leftovers, according to Rachael Ray.
Persons: Rachael Ray, Curry, Burger, Ray Organizations: Business, New York, Wine, Food, Food Network
AdvertisementChina's defense minister, Dong Jun, is being probed for corruption, the FT reported on Wednesday. Xi Jinping and his leaders likely took at least two months to select, vet, and announce Dong in 2023. Less than a year into his post, China's defense minister is now being placed under investigation for graft, according to a new report by The Financial Times. AdvertisementWhen asked about reports of an investigation into Dong, Chinese Foreign Ministry spokesperson Mao Ning curtly dismissed them as rumors. AdvertisementChina's defense minister doesn't typically have operational command of combat forces but is instead a diplomatic and public-facing figure representing the military.
Persons: Dong Jun, Xi Jinping, Dong, Adm, Li Shangfu, Li, Wei Fenghe, Wei, Lloyd Austin, Mao Ning curtly, Xi, Dong's, doesn't Organizations: The Financial Times, People's Liberation Army, PLA Rocket Force, Chinese Communist Party, US, Foreign Ministry, Chinese Foreign Ministry, Business, Dong, Reuters, Central Military Commission, PLA Locations: Laos, Dong, China
Nvidia's median salary now surpasses Microsoft's and other Silicon Valley peers. And Nvidia employees were not nearly the source of fascination and interest they are today. AdvertisementThe data behind the evolution of Nvidia's workforce tells the story of the company's meteoric rise just as well, if not better than the revenue or stock price. Nvidia's workforce has grown nearly 20-fold since 2003Beyond Nvidia's historic rise in market value, the company has a lot to offer employees. But as of January 2024, Nvidia's median salary (excluding the CEO) surpassed Microsoft and has left other tech giants in the dust.
Persons: Jensen Huang, Rev Lebaredian, Huang, Jensen, headcount, Emma, ecosgrove Organizations: Nvidia, Tech, Business, Microsoft, Accenture Locations: Santa Clara , California, Silicon Valley
Silicon Valley, long considered a progressive stronghold, has begun to shift toward Donald Trump, according to new voting data analyzed by Business Insider. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. While Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley. Trump, with Musk in support, has promised to cut regulations, which could help Silicon Valley startups grow more quickly. The trend toward Trump in the Silicon Valley electorate mirrors statewide and national trends.
Persons: Donald Trump, Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, Silicon, San Francisco Bay, California, San Francisco, San Mateo county, Silicon Valley, Texas, Atherton
AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.
Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, , Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea
Canada’s competition authority on Thursday accused Google of abusing its tools for buying and selling online advertising to create a monopoly, and filed a complaint seeking to force the company to sell two of its main advertising technology services. The case strikes at the heart of Google’s business and echoes an ongoing U.S. antitrust lawsuit against the Silicon Valley giant. Both cases come amid four other lawsuits filed in the United States against Google since 2020 and other efforts by officials around the world to reign in the power that large technological companies like Google, Amazon and Apple hold over information and commerce online. Canada is also attempting to use new laws to limit harms caused by social media and to require tech companies to compensate traditional news organizations.
Organizations: Google, Apple Locations: United States, Canada
AdvertisementElon Musk's demand for Nvidia chips has put pressure on the company to deliver. Nvidia is feeling the pressure from trying to meet Elon Musk's insatiable demand for chips. Musk's demand for chips was straining the chip giant's supply chain, a sales lead for Nvidia told colleagues in an email obtained by The Wall Street Journal. In June, CNBC reported that Musk had redirected $500 million worth of Nvidia chips from Tesla to X and xAI. Then, in September, Musk announced that xAI had brought a massive new training cluster of Nvidia chips online.
Persons: Elon, Mark Zuckerberg, Meta, Zuckerberg, Musk, Tesla, xAI, Jensen Huang, Huang, Larry Ellison, Jensen, Ellison Organizations: Elon, Nvidia, Wall Street, CNBC, Oracle Locations: Memphis , Tennessee
850-Year-Old Smithfield Meat Market in London to Close
  + stars: | 2024-11-28 | by ( Mark Landler | ) www.nytimes.com   time to read: 1 min
For 22 years, John Burt has cut and trimmed steaks, chops and roasts in a butcher shop across the street from Smithfield, the oldest meat market in London. In that time, he said, he has watched the market’s slow decline, from a carnivore’s bustling bazaar to a hulking relic of an earlier London. Still, the news this week that Smithfield will close — its owner, the City of London Corporation, killed a plan to move the market to a new site in East London — came as something of a jolt to him. “I’m sad about it,” said Mr. Burt, 64, whose shop is separate from the market and will stay in business. “You wouldn’t have thought that Smithfield Market would ever shut down because it’s been around since the time of Henry VIII.”
Persons: John Burt, East London —, , , Burt, it’s, Henry VIII Organizations: City of London Corporation Locations: Smithfield, London, City, East London
Donald Trump may be more likely to get a peace deal from Russia if he places Ukraine in a position of strength, according to analysts. It's a move that may concern the US' European allies, with Kellogg previously having suggested handing over Ukrainian territory to Russia. Military and political leaders in Europe are warning that a deal that hands too much to Russia will likely just be a prelude to further conflict. In recent months, Russia has exploited Ukraine's lack of manpower and artillery, making significant advances in east Ukraine. Ultimately, achieving a lasting peace deal in Ukraine will depend on deterring Russia, not on walking away.
Persons: Donald Trump, Trump, Keith Kellogg, It's, Kellogg, John Lough, it's, Joe Biden, Evelyn Farkas, Putin, Farkas Organizations: Ukraine, Military, Chatham House, Trump, Kremlin, McCain Institute, CNN Wednesday Locations: Ukraine, Russia, European, Europe, Eurasia, Chatham, Kyiv, Washington , DC
The 2025 "No List" from Fodor's highlights destinations under unsustainable tourism pressures. The company's 2025 "No List" includes destinations that have long had problems managing tourism levels, as well as newer ones or places where the situation is expected to worsen. "The No List serves to highlight destinations where tourism is placing unsustainable pressures on the land and local communities. For busy destinations, they recommended trying to visit during the off or shoulder seasons. They also stressed the importance of being responsible tourists and respecting all local laws.
Persons: Fodor's
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing businesses, a source familiar with the matter told Reuters Wednesday. The investigation was approved by FTC Chair Lina Khan ahead of her likely departure in January. The FTC fielded such complaints last year as it examined the cloud computing market. The FTC has demanded a broad range of detailed information from Microsoft, Bloomberg reported earlier on Wednesday. In 2019, the Pentagon awarded it a $10 billion cloud computing contract that Amazon had widely been expected to win.
Persons: Lina Khan, Donald Trump, Satya Nadella, Trump, JD Vance Organizations: U.S . Federal Trade Commission, Microsoft, Reuters, NBC News, Republican, FTC, Amazon, Google, European Commission, Bloomberg, Big Tech, Facebook, Meta, Apple, Amazon.com Inc, U.S, Trump, Pentagon, Web Services
President-elect Donald Trump said Wednesday he will nominate retired Gen. Keith Kellogg to serve as assistant to the president and special envoy for Ukraine and Russia. Together, we will secure PEACE THROUGH STRENGTH, and Make America, and the World, SAFE AGAIN!," Trump said in a statement announcing his decision. Future American military aid, however, will require Ukraine to participate in peace talks with Russia." Trump was accused of withholding aid to Ukraine in an effort to pressure Zelenskyy to investigate Joe Biden and his son Hunter Biden. Vice president-elect JD Vance has also spoken out against Ukraine aid, as has Robert F. Kennedy Jr., Trump's pick to lead the Department of Health and Human Services.
Persons: Donald Trump, Keith Kellogg, Keith, Trump, Kellogg, Fred Fleitz, Vladimir Putin, Putin, Fleitz, Volodymyr Zelensky, Alex Kent, , Volodymyr Zelenskyy, “ We’re, He’s, we’re, I’ll, Trump's, Joe Biden, Hunter Biden, JD Vance, Robert F, Kennedy Jr, Kennedy, Vance, Organizations: Military, Business, Staff, National Security Council, NBC News, Russia, Future, Getty, Trump, Republican, Department of Health, Human Services, NBC, Press, NATO Locations: Ukraine, Russia, Kyiv, U.S, United States, New York City, Georgia, Europe
President-elect Donald Trump has chosen John Phelan, a businessman and investor with no military experience, to become the next Secretary of the Navy. Phelan, if confirmed, would be the first person in 15 years to lead the Navy without having served in any branch of the armed forces. “He will put the business of the U.S. Navy above all else.”As the 79th Navy Secretary, Phelan would oversee more than 900,000 people and an annual budget of more than $210 billion. Twenty out of 26 people to be confirmed as Navy secretary over the last 70 years were veterans, the Military Times reported. On Nov. 12, Trump announced he would nominate Pete Hegseth, a combat veteran and former Fox News host, to be the Secretary of Defense.
Persons: Donald Trump, John Phelan, Phelan, , , Trump, Phelan’s, ” “ John, ” Trump, Carlos Del Toro, Pete Hegseth, Hegseth Organizations: NBC News, Trump, Rugger Management, Harvard Business School, U.S . Navy, Navy, Marine Corps, Army, Coast Guard, Command, Military Times, Fox News, Defense, Army National Guard Locations: Palm Beach , Florida, Afghanistan, Iraq, Guantánamo Bay, Cuba
Shares in a little-known drone company soared Wednesday morning after announcing that Donald Trump Jr. had joined its advisory board. Unusual Machines, an Orlando, Florida-based firm born just two years ago as it acquired a drone manufacturer and a separate drone retailing firm, announced the appointment in an early-morning press release. It is also obvious that we must stop buying Chinese drones and Chinese drone parts,” Trump Jr. said in the statement. In a separate securities filing Wednesday, Trump Jr. is listed as at one point having been Unusual Machines’ second-largest shareholder. An Unusual Machines spokesperson did not immediately respond to a request for comment.
Persons: Donald Trump Jr, “ Don Jr, ” Allan Evans, , ” Trump, Trump, , Donald Trump's Organizations: Machines, Company, USA, Trump Jr Locations: Orlando , Florida, America
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