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☆ Apple execs explain why its AI is different from competitors
▼ + stars: | 2024-06-11 | by ( Kif Leswing | ) www.cnbc.com time to read: +6 min

Nic Coury | AFP | Getty ImagesApple fully embraced artificial intelligence on Monday, as company executives explained the features and reasoning behind Apple Intelligence, the company's new AI software suite. Much of the AI development that has captured investor and technological interest has focused on building or securing ever-more powerful supercomputers equipped with Nvidia chips to develop even more power-hungry AI models. Apple's AI is mostly on your deviceApple Intelligence unveiled during Apple's WWDC2024 in Cupertino, Calif. on June 10th. Apple executives don't refer to this strategy as using one or multiple models, just "Apple Intelligence." Apple's AI can summarize and rewrite documents, generate small images, and translate conversations in real-time.

Persons: Tim Cook, John Giannandrea, Craig Federighi, Nic Coury, Apple, Federighi, Siri, Giannandrea, We're, we're, Apple's Organizations: Developers, AFP, Getty, Apple, Apple Intelligence, Microsoft, Google, Software, Nvidia, Apple Inc Locations: Cupertino , California, Cupertino , Calif

☆ The hidden costs of owning a home are surging for Americans
▼ + stars: | 2024-06-11 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

“My homeowners insurance doubled, with no notice – nothing,” said Jennifer Schauer, who bought her home in Novato, California, in 2021. The US homeowners insurance industry lost $101.3 billion last year as severe storms, hurricanes and wildfire did significant damage. Schauer isn’t alone among Californians grappling with high hidden costs of homeownership. By contrast, Kentucky ($11,559), Arkansas ($11,692) and Mississippi ($11,881) had the lowest hidden costs of homeownership, according to Bankrate. Since Covid, the hidden cost of homeownership has climbed most rapidly in three states: Utah (44%), Idaho (39%) and Hawaii (38%).

Persons: we’re, That’s, Bankrate, Jeff Ostrowski, ”, Jennifer Schauer, Schauer, wasn’t, “, Schauer isn’t, it’s, you’ll, ” Ostrowski Organizations: New, New York CNN, CNN, P Global, Federal Reserve Locations: New York, Novato , California, California, Hawaii, Massachusetts, New Jersey, Connecticut, Kentucky, Arkansas, Mississippi, Utah, Idaho

☆ Homebuyers take on 'a lot more than a mortgage payment,' expert says — 'hidden costs' average $18,000 a year
▼ + stars: | 2024-06-11 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

"Homebuyers have to make a compromise along the way, and often it's the age or the condition of the home," she said. The survey found that the median age of owner-occupied homes in the U.S. is about 40 years old. A mistake, however, is spending your entire reserve of savings for the down payment and ending up "house poor," Ostrowski said. In 2023, 46% of homeowners used cash from savings to cover home improvement projects, according to Angi.com. On average, there are three offers for every home that's listed for sale, Lautz said.

Persons: Jessica Lautz, Lautz, Ostrowski, you've, They're, who's Organizations: National Association of Realtors, Survey, U.S . Census Locations: U.S

☆ Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +1 min

Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington. The results released Tuesday compared unfavorably with Europe's Airbus, which reported orders for 27 new planes in May. Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the month to three. The dismal results followed poor figures for April, when Boeing reported seven sales — none of them for the Max. Despite the slow pace of recent sales, Boeing still has a huge backlog of more than 5,600 orders.

Persons: —, Aerolineas, Max Organizations: Boeing, Airbus, Federal Aviation Administration, Alaska Airlines Max, Ryanair, Alaska Airlines Locations: Renton , Washington, Arlington , Virginia

☆ Trump Media shares fall after new SEC filing with reaudited financial statement
▼ + stars: | 2024-06-10 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

Trump Media on Monday submitted an updated inspection of the company's finances by a newly hired public accounting firm, after its last auditor was charged with fraud by the U.S. Securities and Exchange Commission. Shares of Trump Media initially dropped more than 7% on Monday's announcement. The stock was down about 6% as of 1:00 p.m. The media company, which is majority-owned by former President Donald Trump and trades as DJT on the Nasdaq, said its revised registration statement includes a reaudit conducted by the Phoenix, Arizona-based firm Semple, Marchal & Cooper, LLP. The company behind the social media platform Truth Social said in a press release that its latest filing amends a registration statement from mid-April and is not offering any new shares.

Persons: Donald Trump, Semple Organizations: Trump Media, U.S . Securities, Exchange Commission, Nasdaq, Phoenix, Marchal, Cooper, LLP Locations: Phoenix , Arizona

☆ Toyota lost over $15 billion in market value last week after being caught falsifying tests
▼ + stars: | 2024-06-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Shares of Japan's largest carmaker Toyota fell more than 5.4% last week, after the scandal broke on June 3, but is recovering on Monday. The automaker lost 2.45 trillion Japanese yen ($15.62 billion) in market value last week alone. Last week, Honda' s stock fell 5.75%, Yamaha Motor lost 2.2%, while Suzuki Motor inched down 0.3%.

Persons: Akio Toyoda, Suzuki, Honda Organizations: Toyota Motor Corporation, Toyota, Honda, Mazda, Yamaha, Ministry of Land, Transport, Tourism, Yamaha Motor, Suzuki Locations: Tokyo, Infrastructure

☆ This start-up is making artificial hair from bananas
▼ + stars: | 2024-06-07 | by ( Leah Collins | ) edition.cnn.com time to read: +8 min

Some people complain that synthetic hair can irritate their scalp and a study of synthetic hair in Nigeria found the presence of potentially harmful heavy metals and chemicals. We want to empower women to make informed decisions about what hair they use and what’s best for them.”Tumusiime says that, unlike synthetic hair, her product is biodegradable, durable and can be easily styled, treated and colored. Since it’s made from discarded banana stems, she adds, it’s also a way to help curb that waste. In the US, St.Louis-based Rebundle also sells hair extensions made from banana fibers, while Nourie Hair offers a hair alternative for braiding made from Ginseng root extract and rosemary. But synthetic hair can be bought for as little as $1 for a bundle.

Persons: Juliet Tumusiime, Tumusiime, Cheveux, ” Tumusiime, it’s, Spiro, Clement Di Roma, Simon Maina, Prince William’s, James Oatway, there's, Edwin Maina, Cheveux Brown, Juliet, Cheveux Organique, “, I’m, ” Organizations: CNN, USAID, Research, Getty, Reeddi Technologies, The Royal Academy of Engineering, Kenyan, Economic Locations: Africa, Uganda, Nigeria, Benin, Kenya, AFP, China, Cameroon, Rwanda, France

☆ Shein wants to sell the supply-chain tech it used to disrupt online shopping. Retail experts say brands may have concerns.
▼ + stars: | 2024-06-06 | by ( Madeline Stone | ) www.businessinsider.com time to read: +9 min

Shein has also grown beyond its fashion roots, selling products in categories such as home goods, electronics, and office supplies. A Shein spokesperson said the company's success did not depend on the de minimis provision. The Shein spokesperson said the company had a "zero-tolerance policy for forced labor" and required its "contract manufacturers to only source cotton from approved regions." "Shein suppliers and third-party sellers are required to comply with company policy and certify their products do not infringe third-party IP." "Currently, Shein just sells the very low-cost products, but including various brands in its platform, it can sell products at various price ranges," he said.

Persons: —, Shein, Donald Tang, Evelyn Gong, who's, It's, confidentially, Prince Ghosh, Ghosh, Christophe Archambault, Gong, minimis, wouldn't, JADE GAO, hasn't, Anand Kumar Organizations: Chain Management, Service, Industry, Wall Street Journal, Carnegie Mellon University's Tepper School of Business, Research, London Stock Exchange, Brands, Walmart, Walmart Commerce Technologies, Department of Homeland Security, Labor, CNBC, National Retail Federation, Coresight Research, Shein Locations: China, Singapore, Paris, minimis, Shein, Guangzhou

☆ Stocks making the biggest moves before the bell: Robinhood, Nvidia, Lululemon, Five Below and more
▼ + stars: | 2024-06-06 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Five Below told investors to expect between $830 million and $850 million, while analysts polled by LSEG forecasted $883 million. Sprinklr — The business technology stock dove 21.1% in the wake of weak guidance for the current quarter and full year. StoneCo — The financial technology stock rose 2.6% following an upgrade to overweight from neutral by JPMorgan . Ultragenyx Pharmaceutical — The biopharma stock added nearly 4% following an upgrade to buy from neutral at Goldman Sachs. Shopify — The e-commerce technology stock slipped 1.6% on the back of a MoffettNathanson downgrade to neutral from buy.

Persons: Goldman Sachs, Smartsheet, LSEG, Sprinklr, Mizuho, there's, StoneCo, CH Robinson, Goldman, ISI's, Shopify, Guggenheim, —, Jesse Pound, Michelle Fox, Lisa Kailai Han Organizations: Nvidia, LSEG, Revenue, Mizuho, JPMorgan, Ultragenyx Pharmaceutical, Goldman, eBay, Citi, UBS, BMO Capital, BMO, Viridian Therapeutics, ISI, Energy Locations: Americas

☆ Here are Thursday's biggest analyst calls: Apple, Nvidia, Tesla, Netflix, Alphabet, United, JPMorgan, Carvana, Broadcom & more
▼ + stars: | 2024-06-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs reiterates Nvidia as buy Goldman said it's sticking with its buy rating on the stock. JPMorgan upgrades StoneCo to overweight from neutral JPMorgan said in its upgrade of the fintech solutions company that it has "appealing" potential for earnings growth. Morgan Stanley reiterates JPMorgan as overweight Morgan Stanley said it's even more bullish on the stock after a meeting with company management. " JPMorgan reiterates Alphabet as overweight JPMorgan said the company is on the "offensive in Gen AI." JPMorgan reiterates Broadcom as overweight The firm said it's sticking with its overweight rating on shares of Broadcom.

Persons: Morgan Stanley, Tesla, Oppenheimer, DA Davidson, Davidson, Goldman Sachs, Goldman, Bernstein, FANG, Redburn, it's bullish, osteogenesis, it's, Robinson, JPMorgan, Disney, Evercore, Moffett, Carvana Organizations: Walmart, Apple, company's, Conference, Nvidia, Energy, Midland shaleco, Endeavor Energy Resources, Airlines, United, Citi, eBay, JPMorgan, BMO, UBS, Mizuho, SEE, P Containers, Deutsche Bank, Deutsche, Google, Jefferies, DFS, Disney, Netflix, CTV, Broadcom Locations: China, Midland, Rocklin

☆ EV slump, Hertz fire sale take used Teslas to 'no haggle' $25,000 price
▼ + stars: | 2024-06-06 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Also, some used EVs are eligible for up to $4,000 in federal tax credits , and several states offer tax credits or rebates. Although as with buying any used car — from manufacturers and independent dealers, online marketplaces or private owners — there are pros and cons. The Hertz Car Sales website "Shop EVs" button recently listed 1,475 of the 1,638 used EVs listed as "Hertz Certified." A March study by automotive research firm iSeeCars found that the average used car price was down 3.6% from last year, though used EV prices had plummeted 31.8%, equating to $14,418 in value. A follow-up question — "Can you tell me about 2022 Tesla Model 3s being sold by Hertz Car Sales?"

Persons: Hertz, —, iSeeCars, Elon, Karl Brauer, Brauer, Yossi Levi, Guy, Tesla, Carvana, Edmunds, ChatGPT, Hertz's, Matt Quinn, CarGurus, Eugene Park Organizations: Hertz, EV, Hertz Global Holdings, U.S, Bolts, Car, Hertz Tesla, Tesla, ChatGPT, Hertz Car Locations: U.S, Massachusetts, Colorado, Edmunds, CarGurus

Tokyo CNN —Japanese officials descended on the headquarters of Toyota on Tuesday, after a safety test scandal at a number of automakers in the country widened this week. The ministry said five automakers — Toyota (TM), Mazda, Honda (HMC), Suzuki and Yamaha — had submitted incorrect or manipulated safety test data when they applied for certification of the vehicles. All five companies were told to review their safety certification processes. Kyodo/ReutersKoji Endo of SBI Securities said that Japan’s certification tests are very stringent and much stricter than in other countries. In January, Toyota announced it would suspend shipments of certain models after finding irregularities in certification tests for diesel engines developed by its affiliate, Toyota Industries.

Persons: —, Suzuki, Yamaha —, Koji Endo, ”, “, ” Endo, Akio Toyoda, Toyota’s Organizations: Tokyo CNN, Toyota, Japan’s Ministry of Transport, CNN, — Toyota, Mazda, Honda, Yamaha, Corolla Fielder, Corolla, Kyodo, SBI Securities, Transport Ministry, Toyota Industries, Daihatsu Locations: Japan

☆ Goldman Sachs recommends a specific trading strategy, naming 2 global 'conviction list' stocks
▼ + stars: | 2024-06-03 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Goldman Sachs recommended that investors consider a specific strategy when trading European markets right now given the "scope for near-term volatility in equities." Here are two such stock ideas, which are also on the Wall Street bank's conviction list. Goldman gives the stock around 23.6% upside from a 12-month price target of 223 euros ($242.10). Bureau Veritas Another stock on Goldman's list is French company Bureau Veritas , known for its laboratory testing, inspection and certification services. Goldman gives the stock nearly 20% upside from a 12-month price target of 37 euros.

Persons: Goldman Sachs, Liquide Goldman, Georgina Fraser, Fraser, Goldman, Suhasini, — CNBC's Michael Bloom Organizations: Air Liquide, Euronext Paris Exchange, Veritas, Bureau Veritas, First Locations: Paris, Suhasini Varanasi

☆ A homeless advocate of 40 years says finding homes for unhoused New Yorkers with vouchers has never been so hard
▼ + stars: | 2024-06-01 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

And the biggest program to help those in need of homes — the federal housing voucher system — isn't keeping up. With city shelters struggling, the government has set up more than 200 emergency shelters to house migrants, including in former jails and hotels. Greenberg said he decided to seek out homeless voucher holders after hearing from those who'd had an excruciating time finding an apartment. Ed Jones/Getty ImagesThe Interfaith Assembly set up a pilot program about six months ago to help homeless voucher holders find homes. Advertisement"I've spoken to landlords who want housing voucher holders, who've experienced some real damage to their apartments," Greenberg said.

Persons: —, Marc Greenberg, Greenberg, We're, Eric Adams, who'd, Ed Jones, they're, who've Organizations: Service, Coalition, Business, York, Interfaith Assembly, Homelessness, New, Apple, . New York, Assembly, Washington State Locations: York City, New York City, New York, . New, Oregon

☆ Davy and Natalie Lloyd: US brokered gang talks to secure American missionaries’ bodies in Haiti
▼ + stars: | 2024-05-30 | by ( Caitlin Stephen Hu | David Culver | ) edition.cnn.com time to read: +9 min

The Toussaint Louverture International Airport, which has reopened after being closed for nearly three months due to gang violence, in Port-au-Prince, Haiti, on May 20. Montis and the Lloyds barricaded themselves inside their residence on the compound, but it was not enough, Lloyd told CNN. US Ambassador to Haiti Dennis Hankins walks after Haiti’s transitional council ceremony, on the outskirts of Port-au-Prince, Haiti on April 25, 2024. The situation on the ground in Port-au-Prince remains anarchic,” he warned. But Thursday morning, the bodies of Davy and Natalie Lloyd finally began their long journey home.

Persons: Davy, Natalie Lloyd, Haiti Dennis Hankins, ”, Toussaint, Ralph Tedy Erol, Jude Montis –, Davy Lloyd’s, David Lloyd, Lloyd, Eric Burlison, Sen, Josh Hawley, ” Burlison, we’ve, ” Natalie Lloyd’s, Naomi Baker, Ben Baker, Stacy Librandi Bourne, Vitel’homme, –, Baryé, ” Innocent, Judes Montis, Odelyn Joseph, Gary Desrosiers, Eunide Majeur Montis, Jude Montis, Cassidy Anderson, “, Natalie, Champ de Mars, Hawley, Biden, “ Natalie, CNN’s AnneClaire Stapleton, Hande Atay Alam, Natalie Barr, Nikki Carvajal Organizations: CNN, Prince, US, Kansas City, US State Department, Reuters, Local carrier Sunrise, Lloyds, White, Missions, Missouri US, US National Security, State Department, US Embassy, “, AP, HERO, Haiti’s National Police, Baker’s, General Hospital, Champ Locations: Haiti, American, Port, Miami, Kansas, United States, Prince, Haiti’s, Caribbean, Eric Burlison , Missouri, Missouri

☆ French Open day 4 recap: Swiatek wins, Kenin shocks Garcia, crowds and schedule frustrate
▼ + stars: | 2024-05-29 | by ( James Hansen | Matthew Futterman | ) www.nytimes.com time to read: +6 min

🇫🇷 Caroline Garcia (21), 6-3, 6-3Caroline Garcia (21), 6-3, 6-3 🇬🇷 Stefanos Tsitsipas (9) def. 🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2🇳🇱 Jesper de Jong (Q), 6-3, 6-4, 2-6, 6-2 🇷🇺 Andrey Rublev (6) def. 🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3🇪🇸 Pedro Martinez, 6-3, 6-4, 6-3 🇵🇱 Iga Swiatek (1) def. 🇸🇮 Tara Zidansek, 6-3, 6-4🇸🇮 Tara Zidansek, 6-3, 6-4 🇮🇹 Jannik Sinner (2) def. 🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4🇫🇷 Richard Gasquet, 6-4, 6-2, 6-4 🇷🇺 Pavel Kotov def.

Persons: Roland Garros, Naomi Osaka Naomi Osaka, Iga Swiatek, Ash Barty, Philippe, Chatrier, Swiatek, Tim Clayton, Corbis, she’s, “, ”, Naomi Osaka, Ben Shelton, Kei Nishikori, queueing, Stan Wawrinka, Andy Murray, Jannik, Richard Gasquet, Sofia Kenin, Caroline Garcia, Garcia didn’t, Jesper de Jong, Jesper De Jong, olin e Garcia, Garcia, 7-5, Coco Gauff, 6-4 🇮🇹, 🇫🇷 Rich, Katie V, Dani, oren, Mathieu 🇺🇸 Madi, Clive Br Organizations: Getty, Swiatek, Philippe Locations: Osaka, Swiatek, Paris, 6-2, 6

☆ After a string of safety issues, Boeing is about to release a plan to fix its quality problems
▼ + stars: | 2024-05-29 | by ( Gregory Wallace | ) edition.cnn.com time to read: +5 min

Washington CNN —Boeing is expected to release a plan this week to fix its endless string of safety issues that have been under federal investigation following a midflight fuselage blowout in January. Since then, the FAA and Boeing have met multiple times about the company’s progress and the plan’s scope. FAA Administrator Mike Whitaker said last week he sees the plan as only the “beginning” of a process for Boeing. Boeing later agreed to financial penalties and a deferred prosecution agreement to settle a criminal charge of defrauding US regulators. Its marching orders for the plan include addressing the audit and expert panel findings and explaining how it will integrate safety and quality assurance policies into practice.

Persons: Mike Whitaker, “ It’s, ” Whitaker, Max, Dave Calhoun, David Ryder, Whitaker, AeroSystems, Brian West, “ We’re, we’ll Organizations: Washington CNN, Boeing, Aviation Administration, FAA, ABC, Air Force, Alaska Airlines, Transportation Safety, Department of Justice, CNN, Employees, “ Locations: Portland , Oregon, Wichita , Kansas, Renton , Washington

☆ A homeless Iowa mom of 2 is struggling to find a landlord who will accept her housing voucher before it expires. The state is making it harder by allowing landlords to discriminate against her.
▼ + stars: | 2024-05-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

That deadline — July 11 — is imposed by the state housing authority and applies to Quinn's Section 8 housing choice voucher, which she's had for about 12 years. Iowa lets landlords refuse voucher holdersQuinn says she's contacted close to 30 landlords since March. Many have simply told her they don't accept housing vouchers. In 2021, the state passed a law barring cities and counties from protecting voucher holders from overt discrimination by landlords. A crucial but flawed benefitThe federal Housing Choice Voucher Program is the biggest — and most effective — American housing assistance program.

Persons: —, Stephanie Quinn, Quinn, she's, Charcot, Marie, Quinn doesn't, she'll, I'm, they've, Farley, I've Organizations: Service, Business, Facebook, Craigslist, Nationwide Locations: Farley , Iowa, Iowa, Washington, DC, Dubuque

Beef tissue from a sick dairy cow has tested positive for the bird flu virus, federal officials said on Friday. The department continued to stress that the commercial food supply remained safe. But the positive test, which came as part of an ongoing federal study of beef safety, raises concerns about whether the virus might make its way into the commercial beef supply, posing a health risk to humans. Just one cow tested positive, the department said. Meat from condemned cows is not allowed in the commercial food supply.

Organizations: U.S . Department of Agriculture, Service

☆ BMW imported 8,000 Mini Coopers with banned Chinese parts into U.S., Senate report says
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +2 min

German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. Senate report released on Monday said. A report by Senate Finance Committee Chairman Ron Wyden's staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. BMW Group said in an email it had "taken steps to halt the importation of affected products." The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD). That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor.

Persons: Ron Wyden's, Wyden Organizations: BMW, U.S, Senate, Senate Finance, Coopers, BMW Group, Labor, Customs and Border Protection, Inc, Sichuan Jingweida Technology Locations: Leipzig, Germany, United States, China's Xinjiang, China, California, Sichuan

☆ I'm a US Army jumpmaster in the frozen Arctic, and the coldest jump I've ever made was -50 degrees Fahrenheit
▼ + stars: | 2024-05-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Micah Symmonds, a US Army jumpmaster in the 11th Airborne Division based in Alaska. There's a reason why so many people choose to be in an airborne division for their entire career. Especially being in the 11th Airborne Division, we have a very unique geographical position, so we're able to reach a lot of places in the Indo-Pacific region. And then becoming a jumpmaster, you're a leader in that organization, you really need to show the want and drive. On each jump, you're generally exiting from both parachute doors of an aircraft, and each door will have a jumpmaster.

Persons: Micah Symmonds, It's, I've, Keon Horton, Natalie Doan, They've, Molly Treece, there's, it's Organizations: Service, US Army, 11th Airborne Division, Business, 11th Airborne, U.S . Army, 3rd Battalion, 509th Parachute Infantry Regiment, 2nd Infantry Brigade Combat Team, Pacific Multinational Readiness, Donnelly Training, U.S, Army, U.S . Army 2nd Infantry Brigade Combat Team, 36th Airlift Squadron, Yokota Air Base, . Air Force, Boeing, Delta Junction Locations: Alaska, Guam, Australia, Thailand, Philippines, Kuwait, jumpmaster, balaclava, Japan, Delta, AK

☆ Low-income Americans wait years to get housing vouchers that are often impossible to use. Fixing the system could mean more funding and less red tape.
▼ + stars: | 2024-05-18 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

The federal Housing Choice Voucher Program, also known as Section 8, is also the biggest, aiding about 5 million people in 2.3 million households. While it's illegal in some places to discriminate against voucher holders, the practice isn't outlawed everywhere. Fully funding housing vouchers would mean many more housing-insecure and unhoused people would get help. Related storiesIn its budget for fiscal year 2025, the Biden administration requested a $2.5 billion increase for voucher funding over 2023 levels. Researchers at the Department of Housing and Urban Development have proposed piloting a direct cash transfer program for rent as an alternative to housing vouchers.

Persons: Will Fischer, Biden, Jenny Schuetz, isn't, Lindsey Nicholson, Michael Stegman, Stegman, Tara Radosevich, Fischer, Schuetz Organizations: Service, Business, of Housing, Urban Development, Budget, Harvard, The New York Times, Republicans, Brookings Institute, Getty, Urban Institute, HUD, Washington State, Department of Housing Locations: —, Los Angeles, Fort Worth, Philadelphia, Iowa, Long Island City, Queens, Oregon

☆ Some A.I. Companies Face a New Accusation: ‘Open Washing’
▼ + stars: | 2024-05-17 | by ( Sarah Kessler | ) www.nytimes.com time to read: +1 min

The Biden administration is investigating the risks and benefits of open source models. Proponents of open source A.I. models say they’re more equitable and safer for society, while detractors say they are more likely to be abused for malicious intent. There’s no agreed-upon definition of what open source A.I. companies of “openwashing” — using the “open source” term disingenuously to make themselves look good.

Persons: Elon Musk, Sam Altman, Biden, There’s, A.I, Alek Tarkowski, ’, ” Organizations: Linux Foundation Locations: European

☆ What you need to know about skin cancer and how to prevent it, according to a doctor
▼ + stars: | 2024-05-16 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

CNN —Skin cancer is by far the most common form of cancer in the United States, according to the American Cancer Society. As we head into summer, what do we need to know about the chance of developing skin cancer? In addition, those who are at increased risk for skin cancer should ask a dermatologist if they should receive regular skin exams. These include personal or family history of skin cancer, history of precancerous lesions such as actinic keratoses, certain genetic disorders such as xeroderma pigmentosum and history of immunosuppression. And it’s not only people who are fair-skinned who can have skin cancer; individuals of all colors, including those with brown and Black skin, can develop skin cancer.

Persons: Leana Wen, Wen, Anastasiia Organizations: CNN, American Cancer Society, Northern, George Washington University, Getty, Preventive Services Task Force, immunosuppression Locations: United States

☆ Margaritaville at Sea failed a surprise health inspection due to too many people in hot tubs and concerns about food safety
▼ + stars: | 2024-05-16 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

Read previewOn May 1, CDC officials boarded Margaritaville at Sea, a Jimmy-Buffet-themed ship that welcomes 1,680 passengers, for an unexpected health inspection. In the inspection detail report, officials noted food and drink concerns as well as crowded whirlpools. Beyond food and drink, the officials noted that whirlpools often had six guests, although they're designed for a maximum of four people. Previously, the MSC Seaside failed with a score of 67, Business Insider reported last spring. In the past two years, multiple Business Insider reporters have boarded the Margaritaville at Sea Paradise ship, and their reviews have been mixed.

Persons: —, whirlpools, they're, Patrick Connolly, Norwegian Joy, Margaritaville, Brittany Chang, Lauren Mack, staterooms, Mack Organizations: Service, CDC, Sanitation, Business, Margaritaville, USPH, MSC, Orlando Sentinel, Tribune, Getty, Vessel Sanitation, Disney, Summit, MSC Seascape, Silver, Norwegian Pearl, Paradise Locations: Oceania, Rotterdam, Norwegian

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