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☆ China detains artist for scathing Mao works created more than a decade ago, family says
▼ + stars: | 2024-09-03 | by ( Nectar Gan | ) edition.cnn.com time to read: +10 min

At the height of their careers, the Gao Brothers created provocative sculptures of Mao in a country notoriously sensitive about its former ruler’s legacy. Due to the “deteriorating environment” in China, Gao Zhen relocated to New York two years ago when his son, an American citizen born in the US, reached school age, Gao Qiang said. “Before he set off, his friends and family — myself included — had all reminded him to consider whether it was safe to go,” Gao Qiang said. “Our father’s death was a devastating disaster for our family.” Gao Zhen told the Southern People Weekly, a once-outspoken news outlet, in 2010. Gao Zhen’s detention shows that freedom of expression in China has shrunk significantly compared to a decade ago, Gao Qiang said.

Persons: Mao Zedong, Gao Zhen, China’s, ”, Gao Qiang, Gao Brothers, Mao, Xi Jinping, “ Miss Mao, ’, Du Yinghong, —, “, ” Gao Qiang, Gao Zhen’s, ‘ Miss Mao, Gao, David Gray, Yue Minjun, “ uglifying, Donald Trump, Vladimir Putin Organizations: Hong Kong CNN, CNN Sunday, Chinese Communist Party, CNN, ”, Police, Reuters, Communist Party, Southern People, Ukraine, Centre Pompidou, San Francisco Museum of Modern Art Locations: Hong Kong, China, Beijing, New York, Hebei province’s Sanhe, American, Yanjiao, Hebei, Sanhe, India, “, Paris , New York, Moscow, Berlin, Paris

☆ It's no wonder Taco Bell is winning the fast-food wars. Just look at how they treat their biggest fans.
▼ + stars: | 2024-09-02 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +15 min

When Taco Bell announced the event back in July, it invited hundreds of fast-food lovers to slow down and enjoy "early retirement" with all-you-can-eat Taco Bell meals and "senior-inspired recreation." Hanging among the racks were limited-edition Taco Bell merchandise, vintage T-shirts, basketball shorts, hot pants, and many, many hats. I opted for the Cantina chicken burrito and soft taco, my favorite new menu items at Taco Bell. Tim revealed he was an avid runner who had trekked two miles to grab a single taco from Taco Bell for 97 days in a row. Anneta Konstantinides/Business InsiderWhen I asked Rotter why Taco Bell was so important to him, he recalled a trip to the only Taco Bell in Hawaii that sells kalua pork, where the staff lit up over his Hawaiian Taco Bell shirt.

Persons: —, Taco, Taco Bell, Uber, tacos, Kenny Rotter, Rotter, fanny, there's, Snoop, I've, Anneta, Taylor Montgomery, Taco Bell's, Montgomery, Dolly Parton, Bell, Gen Z, Tim, dink, influencer Joey Zauzig, Zauzig, Will, James, Caroline Organizations: Service, Taco Bell, Bell, Business, New York, Subway, Planters, KFC, Mac Locations: San Diego, La Valle, San Diego's, Santa Fe, Los Angeles, San, Woodstock, LA, Taco, Hawaii, America

☆ Sydney Metro Expands, Opening to Celebrity-Level Fanfare
▼ + stars: | 2024-08-23 | by ( Yan Zhuang | ) www.nytimes.com time to read: +2 min

This week’s issue is written by Yan Zhuang, an Australian reporter in the Seoul bureau (who is very excited about the metro). A key segment of Sydney’s new metro train line opened early on Monday with a level of fanfare usually associated with celebrity appearances or pop concerts. The new section, which connects Sydenham, an inner-west neighborhood of Sydney, to Chatswood, in the north, runs under the city’s business district and crosses under the Harbor Bridge. It is the second part of the metro project to open, after a northern section that started operating in 2019. The news media covered the opening in breathless terms.

Persons: Yan Zhuang, David Levinson, marveled, “ Organizations: University of Sydney, ABC, ” Broadcasting, New Locations: Australia, Australian, Seoul, Sydney, Sydenham, Chatswood, “, New South Wales

☆ I studied in North Korea for a month. The isolation shocked me the most.
▼ + stars: | 2024-08-19 | by ( Paige Bruton | ) www.businessinsider.com time to read: +8 min

It's been over a decade since I sat in the water of a Pyongyang public bathhouse, fielding questions from several North Korean university students. Kumsusan Palace of the Sun, where the bodies of Kim Il Sung and Kim Jong Il are preserved for viewers to see inside. The show is the world's largest gymnastics display and one of the most important events in the North Korean calendar. What looked like tens of thousands of North Korean children and adults played music, gave traditional dance performances, and conducted intricate gymnastics routines. During my exchange, I spoke to young North Korean people, asking them about their ambitions.

Persons: —, Todor Merdjanov, Kim Il, Merdjanov, It's, Kim Il Sung, Kim Jong Il, Kim Jong, we'd, chatted Organizations: Service, University, Bulgarian, Business, North Korean, Korean Studies, North, Sun, Mass Locations: Bulgarian, Pyongyang, North Korea, Seoul, South Korea, North, Sofia, Bulgaria, Beijing, North Korean, East Asia, Kumsusan, Wonsan, Korean

☆ Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
▼ + stars: | 2024-08-14 | by ( Ayelet Sheffey | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +17 min

Scott M. Smith, 40, wasn't expecting student-loan forgiveness. Scott M. Smith, 40, received student-loan forgiveness through PSLF. AdvertisementThe freedom to go back to schoolFor Paul Smylie, 39, student-loan forgiveness means something else. Smylie's student-loan forgiveness is giving him the financial freedom to consider doing just that. In a rule first established under President Barack Obama, any student-loan borrower who can prove they are totally and permanently disabled is eligible for student-loan forgiveness.

Persons: Scott M, Smith, wasn't, — Smith, servicer, hadn't, —, who's, PSLF, Joe Biden's, Millennials who've, Zers, millennials —, Gen Xers —, Paul Smylie, Smylie, Gen Xers, Chloe Moore, Financial Staples, Keenan Casey, CiCora Leigh, Leigh, Cicora Leigh, Barack Obama, Beverley —, Beverley, Grayson Hofferber, Hofferber, they'll, that's, someone's, Casey Organizations: Service, Public, Business, Education Department, Federal Reserve, SAVE, Appeals, Associated Press, Gallup, Lumina Foundation, millennials, Financial, Army, University of Mississippi, Veterans Affairs, BI, Millennial Wealth Management Locations: Mississippi, Beverley, forbearance, deferment

☆ Mosaic buried for thousands of years uncovered by archaeologists
▼ + stars: | 2024-08-14 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —A beautiful, remarkably well-preserved mosaic that was “hidden for thousands of years” has been uncovered by archaeologists in northwestern England. Scutt added that archaeologists can’t be completely sure of its function because they have only had a “glimpse” of it. The mosaic likely dates to the 2nd century. Courtesy English HeritageDiscovering such a mosaic, particularly one that dates back to the early 2nd century, was an unexpected boon for the archaeologists. The monumental building measures 8m wide and is 50m long.

Persons: ”, Scutt, can’t, “ It’s, Roger White, “, White, ” Scutt, Paul Belford, haven’t, ., you’ve, Wroxeter Organizations: CNN, Vianova, English, University of Birmingham, Heritage, Heritage Trust Today Locations: England, Roman City, Roman Britain, Birmingham, Wroxeter, Albion, Historic England, Roman

☆ Ukraine's Kursk incursion shows it's learned not to tease its big offensives before going in for the kill
▼ + stars: | 2024-08-13 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

The New York Times' report on the prelude to the bold, cross-border attack gives a glimpse at Ukraine's emphasis on secrecy this time. AdvertisementMost notably, Ukraine's leaders largely kept mum about the offensive even days after reports emerged that Kyiv's troops were pushing miles deep into Kursk. The Times' latest report described how Ukraine's researchers had started studying past campaigns after the failures of 2023. AdvertisementIn Kursk, Russian forces look like they've been caught off guard. Ukraine is reported to have broken through defensive lines along several positions, saying on Monday that it's seized 28 villages.

Persons: —, it's, Artem, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, Ukraine, Kremlin, Business, New York Times, The Times, Times Locations: Kursk, Ukrainian, Ukraine, Russia, Kyiv, Crimea

Parts of Canada’s Boreal Forest Are Burning Faster Than They Can Regrow The delicate balance of one the planet’s largest natural systems for storing carbon depends on the humble black spruce tree. The boreal forests are the largest forests in the world, and in Western Canada they evolved to burn once every century or so. What was troubling, Dr. Baltzer noted, is that fire isn’t supposed to make life harder for the black spruce tree. Any imbalance in this tug of war between life and death can threaten the boreal forests’ ability to store heat-trapping carbon. Given how huge the boreal forests are, her research could help shed light on which parts of the ecosystem were most important to protect.

Persons: Jennifer Baltzer, Baltzer, Wilfrid, Veronica Penney, ”, Marc, André, I’d, doesn’t, Jeff Mcintosh, Austin McIntosh, Kyle Fennig, Maya Provenzano, geopyxis carbonaria, “, Fred Sangris, Sangris, “ We’ve, Sangris’s, Philippe Ciais Organizations: Wilfrid Laurier University, Territories, Territories Yellowknife Research, columbia Alberta Area, Area, British Columbia Alberta Area, Natural Resources, Ocean, Ocean Yellowknife Research, Hudson Bay Edmonton, Calgary Saskatoon Winnipeg Montreal Ottawa Toronto Black, Vancouver Saskatoon Winnipeg Montreal Toronto Black, Calgary Saskatoon Winnipeg Montreal Ottawa Black, Information, Canadian Forest Service, Canadian Press, Associated Press, Wilfred Laurier University, Dene First Nations, Northwest, First Nations, Enterprise, United, Environmental Sciences Locations: Canada, Northwest Territories, Western Canada, Territories Yellowknife, columbia, British, North America, Netherlands, Natural Resources Canada, Behchoko, Ocean Yellowknife, Hudson Bay, Toronto, Enterprise, Northwestern Territories, Paris, Kakisa, Asia, Europe, Ndilo, Yellowknife, Dettah, United Nations

☆ I'm a mom of 3 and prefer spending time with my child-free friends
▼ + stars: | 2024-08-12 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

As the years passed and my children grew older, conversations with friends who also have kids thankfully moved on to more stimulating topics. I was reminded of this recently when I caught up with three close friends who are footloose and child-free. Chatting to my friends without kids was like having a glimpse into the person I used to be. Making time for my friends was good for meWhen I left the restaurant, I felt recharged and refreshed. AdvertisementMelissa Noble (left) recently went to a concert with her child-free friends Simone Turner and Sharon Green.

Persons: it's, I've, Melissa Noble, Simone Turner, Sharon Green Organizations: Service, Business Locations: Melbourne, Canada

☆ Los Angeles 2028 Olympic Games: What can we expect?
▼ + stars: | 2024-08-12 | by ( Issy Ronald | ) edition.cnn.com time to read: +7 min

CNN —The Paris Games are over, the Olympic flame that hung suspended in a cauldron above the Jardins de Tuileries extinguished, and the Olympic flag handed over to Los Angeles for the 2028 Games. Now only a mere 1,432 days away, the LA Olympics begins on July 14, 2028 with its opening ceremony and will run until July 30. So, what can we expect from the Los Angeles Olympic Games in four years’ time? Los Angeles has already hosted two Olympics, in 1932 and 1984, leaving enough infrastructure in place that there won’t be any new permanent venues built for 2028, and athletes will be housed at the University of California, Los Angeles (UCLA), instead of a purpose-built Olympic Village. Although it isn’t yet clear exactly where each and every sport will take place in Los Angeles, organizers have already announced some of their biggest venues.

Persons: Tom Cruise, Billie Eilish, Snoop Dogg, Peppers, Kirby Lee, Karen Bass, ” Bass, CNN’s Amara Walker, “ We’ve, we’re, Ueno, Koji Watanabe, Thomas Bach, Louis, Raygun, hasn't, Elsa, Kim Raisner Organizations: CNN, Paris, Olympic, Hollywood, Stade de France, LA, Paralympic Games, Los Angeles Olympic Games, University of California, UCLA, LA Lakers, LA Sparks, Olympics, Los Angeles Memorial, Getty, NFL, Belmont Shore, Whitewater Center, Softball Park, Games, Olympic Movement, Cricket, Paris Olympics, St, Baseball, International Boxing Association, IOC Locations: Los Angeles, Oklahoma City, Exposition, Inglewood, Long, Long Beach . Oklahoma, Angeles, United States, LA, Japan, Tokyo, Paris

☆ American workers are stuck in place because everyone is too afraid of a recession to quit
▼ + stars: | 2024-08-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The stagnation has resulted in a rise in "stuck" workers — frustrated employees who say they want to quit a job, but are staying put as the fear of a potential recession looms in the backs of their minds. Google search interest for the search phrase "quitting job" is down 11% over the last year, according to data accessed from the search analytics tool Glimpse. AdvertisementGoogle search interest in the term "recession" has exploded 230% over the past month, Glimpse data shows. Google search interest in "recession" has more than doubled in the past month. Job market forecasters say the slowdown in hiring looks poised to continue, even if the Fed begins to loosen monetary policy.

Persons: —, That's, Amanda, It's, I've, Raymond Lee, Careerminds, Korn, Radhika Papandreou, Papandreou Organizations: Service, Business, Bureau of Labor Statistics, Conference Board, Google, Fed, National Federation of Independent

☆ From villains to Indiana Jones: Everything we learned at Disney’s parks panel at the 2024 D23 Expo
▼ + stars: | 2024-08-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +8 min

Disney's classic baddies are getting their own theme park land at the Magic Kingdom in Orlando, Florida. This area will differ from the one at Disney California Adventure, D'Amaro told the audience, and will take place in the wilderness. As part of the Tropical America's land Disney is creating Pueblo Esperanza, which means village of hope. DisneylandThe world of "Avatar" will make its way to Disney's California Adventure, D'Amaro shared Saturday. The Walt Disney World Resort version of the ride opened in June.

Persons: Walt Disney, Mickey Mouse, Gary Hershorn, Disney, Josh D'Amaro, Parks, Rita Ora, D'Amaro, Shaboozey, Billy Crystal, Mike Wazowski, Crystal, Indiana Jones, Huy Quan, Josh, Quan, Madrigal, Antonio, Ash, Ali Rubinstein, Walt Disney Imagineering, Miguel, Deadpool, King Thanos, King, Scott Trowbridge Organizations: Magic, Walt Disney World, Corbis, Big, Honda Center, Disney, Walt Disney, Disney California, Hollywood Studios, Inc, Pirates, Defense, Stark, Disneyland, Walt Disney Imagineering, Marvel . Disney Cruises, Disney Cruise Locations: Orlando , Florida, Anaheim , California, California, Florida, Indiana, Orlando, Pueblo Esperanza, New York City, Disneyland Paris, Pride, Shanghai, Hong, Tokyo

☆ This Is a Picture of the Last Thing Seen by NASA’s Asteroid Hunter
▼ + stars: | 2024-08-09 | by ( Katrina Miller | ) www.nytimes.com time to read: +1 min

On Thursday, scientists and engineers in Southern California got an exclusive glimpse at a recent snapshot of Fornax, a constellation of stars in the Southern Hemisphere. At the end of last month, the spacecraft’s survey concluded, and it closed its telescopic eyes for the final time. “This was the little space telescope that could,” said Amy Mainzer, an astronomer at the University of California, Los Angeles, and principal investigator for NEOWISE. “We were really lucky to get to do this work.”When the mission was launched in 2009, it was known simply as WISE. It spent the next year peering at faraway objects in the universe radiating infrared light, including supermassive black holes, brown dwarfs, dying stars and one of the most luminous galaxies in the cosmos.

Persons: ”, Amy Mainzer, “ Organizations: Southern Hemisphere, Survey, University of California Locations: Southern California, Los Angeles

☆ Three Disney films could top $1 billion this year after box office rut
▼ + stars: | 2024-08-08 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +8 min

After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. And the box office hits aren’t expected to stop there. Disney has long been a box office champion, driving significant ticket sales domestically and globally. In the year before the pandemic, Disney had seven theatrical releases top $1 billion at the box office.

Persons: Disney, ” —, ”, Paul Dergarabedian, bemoaned, Shawn Robbins, We’re, Bob Iger, Covid lockdowns, Iger, Disney’s, Riley, ” Iger, Wednesday’s, ‘, ’, America, we’re, Romulus ” “, King, Moana, Robbins, “ Organizations: Pixar, Disney, Comscore, Star, Marvel, Century Fox, Sony, Star Wars, Lucasfilm Locations: ”, Comscore, Anaheim , California

☆ Apple wants to rewire search with AI — and that may help cut the Google cord
▼ + stars: | 2024-08-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

In reality, however, Apple may not have to worry too much if it does have to reduce its reliance on Google for search on its devices. In other words, Apple hopes that AI can intelligently answer queries and support user needs by understanding what actually matters to users. Related storiesPart of Apple Intelligence also involves a revamped Siri, Apple's chatbot that users can supercharge by offering permission to connect to OpenAI's industry-leading technology, ChatGPT. It's unlikely to find a deal as lucrative as the one it got with Google on search anytime soon, either. AdvertisementStill, Apple's bet on AI gives it a chance to present consumers with an alternative way to search the internet.

Persons: —, Hugh Langley, Tim Cook, Siri, Apple's, ChatGPT, it's, Monday's, OpenAI Organizations: Service, Google, Business, Apple, Apple Intelligence, company's, Conference Locations: Washington, Silicon

☆ How Daemon Targaryen's dream in 'House of the Dragon' could be an attempt to fix the 'Game of Thrones' ending that everyone hated
▼ + stars: | 2024-08-05 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Daemon Targaryen (Matt Smith) has a prophetic dream in the "House of the Dragon" season two finale. He gets a glimpse of the future of Westeros, leading up to "Game of Thrones." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDaemon Targaryen (Matt Smith) is plagued with prophetic visions in "House of the Dragon" season two, but his dream in the last episode possibly changes the ending of "Game of Thrones." In the finale, Alys Rivers (Gayle Rankin) takes Daemon to the weirwood tree in Harrenhal, where he has his final dream of the season.

Persons: Daemon Targaryen, Matt Smith, —, Daemon, Alys Rivers, Gayle Rankin, Brynden Rivers, Bran Stark's, Isaac Hempstead Wright Organizations: Service, Business Locations: Harrenhal

☆ I'm an Airbnb Superhost who's had over 400 guests. Here are 5 things I wish visitors knew before checking in.
▼ + stars: | 2024-08-05 | by ( Katie Cline | ) www.businessinsider.com time to read: +4 min

Although not all hosts are like me, here's what I wish people knew before staying at my Airbnbs. AdvertisementIt's really helpful when you tell me why you're comingI like to know why guests are staying at my Airbnbs. Emily ElizabethBooking an Airbnb can feel like going on a first date … but with a house. When I know who's staying at my Airbnb, I'm better able to curate my recommendations. Give me a five-star review or no review at allIt's not great when guests leave Airbnb reviews that are less than five stars.

Persons: —, I've, Gallant Fox, Emily Elizabeth, it's, I'm, Shandi Marie, Emily Elizabeth Think, Merriam Organizations: Service, Business, Saratoga, Webster Locations: New York, Lake George, Saratoga Springs, Bolton

☆ Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
▼ + stars: | 2024-08-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Carry trades refer to operations wherein an investor borrows in a currency with low interest rates, such as the Japanese yen, and reinvests the proceeds in higher-yielding assets elsewhere. "You can't unwind the biggest carry trade the world has ever seen without breaking a few heads. A change in Japanese monetary policy prompted one strategist to warn of the "implosion" of the yen carry trade over a short-term basis. watch nowEd Rogers of Rogers Investment Advisors said the yen carry trade isn't dead yet, despite the deepening stock market sell-off. "Certainly there is going to be some momentary panic, I think, about the yen carry trade.

Persons: Richard A, Brooks, Kit Juckes, Juckes, Russell Napier, Ed Rogers, Rogers, CNBC's Organizations: Tokyo Stock Exchange, Afp, Getty, Swiss, Societe Generale, U.S, Bank of Japan, Rogers Investment Advisors Locations: Tokyo, London

☆ Some of Saudi Arabia's 15 stadiums proposed for the 2034 FIFA World Cup look straight out of a video game
▼ + stars: | 2024-08-04 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

FIFA unveiled Saudi Arabia's plans for the 2034 FIFA World Cup. One of the stadiums will be built inside the country's ambitious eco skyscraper, The Line. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFIFA released Saudi Arabia's ambitious plans for the 2034 World Cup, and it involves building 11 new stadiums, including a 46,000-seat venue inside the country's planned horizontal skyscraper, The Line.

Persons: — Organizations: FIFA, Service, Saudi, Business Locations: Saudi, Saudi Arabia

☆ The Best Conversations
▼ + stars: | 2024-08-03 | by ( Melissa Kirsch | ) www.nytimes.com time to read: +2 min

I considered the headway I could make in the audiobook of “Demon Copperhead,” but quickly abandoned that option for several episodes of the podcast “Conan O’Brien Needs a Friend.” I wanted company. Conan and his sidekicks shoot the breeze for a while, before he brings on a celebrity guest for an interview. The shows I love aren’t the ones where a host tees up questions and a dutiful guest answers. Conan O’Brien has been having conversations professionally for most of his career. I didn’t care how long I had to go; I just wanted to keep listening and laughing along.

Persons: O’Brien, ”, Conan, I’m, Conan O’Brien, Woody Harrelson, Ted Danson, you’ll Locations: Maine, New York, Worcester, Hartford

☆ She hit it off with the guy she met at the bar on vacation. Then he sent her an unexpected text message
▼ + stars: | 2024-08-02 | by ( Francesca Street | ) edition.cnn.com time to read: +18 min

And then, on her second night in Rome, Skyler crossed paths with Giuseppe Morisani in a busy bar. As soon as he met Skyler, Giuseppe started daydreaming about showing her around his home region and – most importantly – introducing her to his mother. He just had one complaint: the lack of Calabrian olive oil. In time, this first spark of an idea became EXAU Olive Oil – a successful olive oil company operated by Giuseppe and Skyler. “I wouldn’t have started EXAU, our olive oil company, if we hadn’t met just that day… I just feel happy.

Persons: Giuseppe Morisani, Skyler Mapes, She’d, Giuseppe, “, ” Skyler, Skyler couldn’t, ”, Skyler, she’d, ‘, Giuseppe didn’t, Skyler didn’t, Giuseppe –, –, Giuseppe gushed, who’d, he’d, Calabria Skyler, Giuseppe’s, we’d, didn’t, Giuseppe Morisani Skyler, ” “, ” Giuseppe, Skyler hadn’t, Giuseppe couldn’t, Oprah Winfrey, Olive, we’re, Skyler’s, they’ve, hadn’t, “ I’m Organizations: CNN, Google, CNN Travel, Familia, Fine Arts, Forbes, Olive Oil, US Locations: Rome, Calabria, Barcelona, Spain, Europe, Italy, Calabria –, California, Amsterdam, Netherlands, United States, San Francisco, ”, Southern Italy, Texas

☆ Why not all semiconductor firms are benefitting from the AI boom like Nvidia has
▼ + stars: | 2024-08-02 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. Current interest in artificial intelligence revolves around two key terms — large language models (LLMs) and generative AI. Not all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain and dominance of some companies over others in different parts of the sector. But Nvidia's rival AMD has brought its own chip to market, called the MI300X AI chip, for AI purposes and is beginning to see the rewards. Chip manufacturing and tool companies appear to be benefitting too from the boom in AI.

Persons: Jensen Huang, Meta, ASML Organizations: Nvidia Corp, Blackwell, Nvidia, Technology, Google, Tech, Microsoft, AMD, Samsung, Qualcomm, CNBC

☆ The end of the 'carry trade'? How Japan's yen could be ripping through U.S. stocks
▼ + stars: | 2024-08-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Stocks are experiencing a broad slump, with many market participants caught off guard by the speed of the yen's rally. The Japanese national flag is seen at the Bank of Japan (BoJ) headquarters in Tokyo on July 31, 2024. 'An implosion of the carry trade'U.S. stocks kicked off the month sharply lower, as fresh data prompted fears of a worsening economic outlook. "First of all, the hawkish Bank of Japan caused an implosion of the carry trade over a short-term basis. And all of that helps push equity markets, which had been quite expensive, even lower," he continued.

Persons: Nogi, Russell Napier, Napier, Cedric Chehab, Chehab, CNBC's Organizations: Afp, Getty, U.S ., U.S, Bank of Japan, The Bank of Japan, Federal, Dow Jones, Nasdaq, BMI, hawkish Bank of Japan Locations: Tokyo, China, Japan, U.S

☆ 'Not a person who gets overly excited': Sen. Mark Kelly auditions to be Kamala Harris's VP
▼ + stars: | 2024-08-02 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

It's Sen. Mark Kelly of Arizona. Kelly is the one and only member of the United States Senate who has made it onto Vice President Kamala Harris's shortlist of potential running mates. "Mark Kelly, potential VP pick, plans to be in Arizona next week," reads a POLITICO headline from the last few days. "He's just not a person who gets overly excited in one direction or the other. Advertisement"This isn't about me," Kelly said as the doors closed on him, repeating his stock response to the questions about his sudden vice presidential candidacy.

Persons: who's, Sen, Joe Manchin, Joe Biden's, George Santos, It's Sen, Mark Kelly of Arizona, Kelly, Kamala Harris's, Mark Kelly, Harris, he's, Tesla, JD Vance, Donald Trump's, hasn't, I've, Brian Schatz, He's, I'm, Kelly's, Kent Nishimura, what's, Blake Masters —, Vance, Gabby Giffords, Tim Kaine, Hillary Clinton's, Allison Bailey /, Tim Walz, Andy Beshear, Bryan Metzger, didn't, Donald Trump Organizations: Service, US Senate, Capitol, Business, United States Senate, Arizona, Capitol Hill, Hawaii, Arizona's, Electoral, Merchant Marine Academy grad, Democratic, Getty, Minnesota Gov, Republicans, Kentucky, Labor Locations: Arizona, Capitol Hill, Virginia, Minnesota

Just hours after former President Donald J. Trump made false assertions about her racial identity, Vice President Kamala Harris had an extraordinary opportunity to respond. With careful precision, the vice president acknowledged his statements, made at the annual meeting of the National Association of Black Journalists, and condemned his behavior. But although she often casts herself as a fighter eager to confront Mr. Trump, she showed restraint on Wednesday, refusing to engage in a debate with a white man critiquing her Blackness. “It was the same old show,” she said. And let me just say, the American people deserve better.”

Persons: Donald J, Trump, Kamala Harris, Harris, ” Organizations: National Association of Black Journalists Locations: Houston

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