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AdvertisementAgility Robotics CEO Peggy Johnson says humanoid robots are filling some labor gaps. AdvertisementDigit is Agility Robotics' mobile manipulation humanoid robot. It competes with the likes of Apptronik, which is working with NASA on humanoid robots, and Boston Dynamics, which has created humanoid robots called Atlas that it says can run and jump over obstacles, as well as perform factory worker tasks. Agility Robotics' humanoid robots are currently only permitted to work inside a specific, cordoned-off space separate from human workers. Agility Robotics takes a similarly cautious approach to its application of artificial intelligence, which is deep in the hype stage.
Persons: Peggy Johnson, it'll, Johnson, GXO, Ford, , Optimus, ChatGPT, doesn't Organizations: Robotics, pharma, Silicon, Agility Robotics, Business, Deloitte, Bureau of Labor Statistics, Digit, GXO Logistics, Mobile, Ford Amazon, Agility, NASA, Boston Dynamics, Gallup, Microsoft, Qualcomm Locations: Lisbon, Portugal
Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21 billion, versus the $1.19 billion expected. Best Buy — Shares slid 7.4% after Best Buy posted third-quarter results that missed analyst expectations and cut its full-year sales forecast. Adjusted earnings of $1.26 per share came in below the $1.29 per-share earnings expected by analysts polled by LSEG. Fluence reported $1.23 billion in revenue for the quarter, below the $1.28 billion expected by analysts, according to FactSet.
Persons: Fitch, Kohl's, LSEG, Donald Trump, Dick's, Rivian, Fluence, Eli Lilly —, Eli Lilly, Biden, Nordisk's Wegovy, Eli Lilly's Zepbound, , Sarah Min, Sean Conlon, Fred Imbert, Jesse Pound, Michelle Fox Theobald Organizations: Abercrombie, Fitch, Revenue, LSEG, General Motors, Ford, Georgia EV, Energy, Novo Nordisk, drugmakers Novo Nordisk, Nordisk's Locations: LSEG ., China, Mexico, Canada, Georgia
Boggs, founder and CEO of D&S Executive Career Management, once had a candidate interviewing for a vice president-level role. Stories of job-seekers making progress on their search, only to have the rug pulled out from under them later in the hiring process, have become all too common. A majority of job-seekers say they've experienced "love-bombing" or been ghosted during the interview process for a new role, according to a recent survey of 2,900 global employees by Greenhouse, the hiring platform. A similar share, 52%, say they've been ghosted in the hiring process, or had initial conversations, and in some cases made it to final rounds of interviews, only to never hear back from the recruiter or hiring manager about a decision. "Because of that, it's leaving people in a really confusing spot and giving folks anxiety and questioning, frankly, their career and their sanity."
Persons: Debra Boggs, Boggs, He'd, they've, Terry Petzold, Petzold, it's Organizations: Management, CNBC, Greenhouse, Fox Search Group
Amgen on Tuesday said its experimental weight loss injection helped patients with obesity lose up to 20% of their weight on average after a year in a critical mid-stage trial, as the company races to join the booming obesity drug market. The drug, MariTide, also helped patients with obesity and Type 2 diabetes lose up to 17% of their weight after a year. The company said it did not observe a plateau in either group of patients, which indicates the potential for further weight loss beyond 52 weeks. That could boost Amgen's odds of winning a slice of the weight loss drug market, which some analysts forecast could be worth $150 billion a year by the early 2030s. That's unlike Eli Lilly's obesity drug, Zepbound, which activates both GIP and GLP-1.
Persons: Amgen, MariTide, Eli Lilly, Robert Bradway, Jay Bradner, Nordisk's Wegovy, Eli Lilly's Zepbound, Zepbound, Eli, Wegovy, Bradner Organizations: Novo Nordisk, Nordisk's Locations: Amgen, Thousand Oaks , California
CNN —An FBI special agent who was acquitted of attempted murder in a DC Metro shooting has been charged with raping and assaulting two women in Maryland, police said Monday. Eduardo Valdivia, 40, has been suspended from the FBI pending a police investigation, a spokesperson for the bureau’s Washington field office told CNN. “The FBI takes allegations of criminal violations and misconduct very seriously,” the field office said in a statement. Bonsib confirmed to the Associated Press that his client was arrested Monday on sexual assault charges. Valdivia is set to appear in Montgomery District Court on Tuesday for a bail hearing, according to court records.
Persons: Eduardo Valdivia, , Robert Bonsib, Bonsib, ” Bonsib Organizations: CNN, FBI, DC Metro, Montgomery County Police Department, Investigations, Metro, Associated Press Locations: Maryland, Washington, Montgomery, Valdivia, Montgomery County, DC, Montgomery District
AdvertisementMillions of Americans live abroad, including in Mexico and Canada. It's hard to know exactly how many US citizens live overseas and all their reasons for moving. Whether it's wanderlust, retirement, cost of living, family ties, or other reasons, some Americans long to live abroad. Using census data, the Association of Americans Resident Overseas estimated the countries with the highest number of US citizens. Here are the top 10 countries where Americans are choosing to live after they leave the US, according to the AARO.
Persons: it's wanderlust, Doris L, Speer Organizations: Association of Americans, Overseas Locations: Mexico, Canada, Australia
Last Thanksgiving, I tried eight different biscuit mixes and doughs to see which was the tastiest. The original Pillsbury Biscuits and the Red Lobster Cheddar Bay Biscuits came out on top. In time for the holidays last year, I tried Annie's Organic Flaky Biscuits, Red Lobster Cheddar Bay Biscuits, Trader Joe's Organic Biscuits, Immaculate Organic Biscuits, Happy Belly Jumbo Buttermilk Biscuits, and three different kinds from Pillsbury: its Original Flaky Layers, Grands! Southern Homestyle Southern Recipe, and Grands! Southern Homestyle Butter Tastin'.
Persons: Kit Kats Organizations: Pillsbury Biscuits, Biscuits, Immaculate Organic, Pillsbury, Amazon Fresh
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAbercrombie & Fitch CEO on earnings beat, state of the consumer and impact of tariffsFran Horowitz, Abercrombie & Fitch Co. CEO, joins 'Money Movers' to discuss the company's q3 earnings, weather impact on retail sector and tariffs.
Persons: Fran Horowitz Organizations: Abercrombie, Fitch, Fitch Co
CNN —Long-time US Women’s National Team (USWNT) goalkeeper Alyssa Naeher has announced that she will soon be retiring from international soccer. Human being and player!”Naeher has made 113 appearances for the USWNT, the third-most for a goalkeeper behind Hope Solo and Briana Scurry. She was the backup to Solo during the team’s 2015 Women’s World Cup victory and then played every minute of the title defense four years later, conceding only three goals during the tournament. Naeher makes a save during the 2019 Women's World Cup semifinal. Naeher also produced a heroic shootout performance against Canada in the semifinals of this year’s W Gold Cup, saving three penalties and scoring her own.
Persons: CNN —, Alyssa Naeher, , Sofia Huerta, Crystal Dunn, ” Naeher, Hope, Elsa, Naeher, Lina Hurtig’s, Organizations: CNN, Women’s National, England, US, Tokyo, Canada, Sweden, Chicago Red Stars Locations: Europe, Netherlands, Brazil
The October personal consumption expenditures price index report has many investors wondering how it may impact the postelection market rally. "It definitely threatens the dynamic of the market broadening because it jeopardizes the speed at which the Fed drops interest rates," Lee told CNBC. "Right now, the markets are pricing out interest rates one by one. Bill Baruch, president of Blue Line Futures, sees opportunities in the currency and bond markets if core PCE rate reaches 3%. "This PCE report and the expectation for a December cut are going to create quite a bit of volatility in fixed income," Ethridge told CNBC.
Persons: Dow Jones, William Lee, Lee, Jimmy Lee, Victoria Greene, Greene, Bill Baruch, Baruch, Malcolm Ethridge, Ethridge, Goldman Sachs, Russell Organizations: Core PCE, Milken Institute, CNBC, Traders, Wealth Consulting, Nvidia, Meta, Microsoft, Wealth, Blue, Capital Area Planning, U.S . Bancorp Locations: financials
Hong Kong CNN —Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. “We must now question whether longstanding US policy towards Hong Kong, particularly towards its financial and banking sector, is appropriate,” they added. Rubio, a fierce critic of Beijing’s crackdown on Hong Kong, has sponsored legislation that sanctioned Chinese and Hong Kong officials for alleged human rights violations in the city. This has massive implications for US businesses with big exposure to Hong Kong,” Fish said. “Sadly, the idea of Hong Kong as autonomous from China is now a farce … US companies need to understand that their Hong Kong operations will likely fall under increased scrutiny.”
Persons: Janet Yellen, , , Donald Trump, Hong Kong, John Moolenaar, Raja Krishnamoorthi, Trump, Marco Rubio, Rubio, Scott Bessent, Isaac Stone Fish, Bessent –, ” Fish Organizations: Hong Kong CNN, CNN, US Treasury Department, Hong, European Union, Treasury Department, Republican Rep, White, US Locations: Hong Kong, Beijing, China, Washington, Hong, Russia, North Korea, People’s Republic of China, Iran, Ukraine, Russian, United Kingdom
Opinion | Jack Smith and the Dismissal of Cases Against Trump
  + stars: | 2024-11-26 | by ( ) www.nytimes.com   time to read: +1 min
Mr. Trump was indicted for aiding a possible coup and multiple other charges, including revealing classified documents to his supporters at Mar-a-Lago. Is that weaponizing our justice system, or allowing it to do its job, regardless of the consequences? Jair Bolsonaro, Brazil’s former president, was just charged with inciting Brazil’s attempted coup when he lost his re-election bid in 2022. It seems Brazil’s justice system is more capable of upholding its laws than ours is. I am now totally disgusted with my country and the judicial system over the Donald Trump legal fiasco.
Persons: Donald Trump, Trump, Brazil’s, Harlan Green Organizations: U.S, Trump, Justice Department, Mr, Mar, Harlan Green Santa Locations: Harlan Green Santa Barbara, Calif
Oil giant Chevron's discount relative to peers has created an attractive entry point, according to Citi. Chevron is up just 7.5% year to date, lagging the S & P 500's 25% advance in that time. Rival Exxon Mobil has also outperformed Chevron, up 20% in 2024. Syme forecasts the valuation gap between Chevron and Exxon Mobil to reach "a historically wide gap" of 20% as soon as 2026. If the arbitration panel rules in favor of Exxon, Chevron's merger deal with Hess, announced earlier this year, will not close.
Persons: Alastair Syme, Syme, Hess, CNBC's Michael Bloom Organizations: Citi, Chevron, Exxon Mobil, ExxonMobil, Exxon Locations: Chevron, Guyana, Namibia, Kazakhstan
But I’m afraid for those I love, for those I don’t love, those I know, those I don’t know. Trump and Vice President Kamala Harris evenly split these voters nationally, with 49% each, according to exit polls. Levin sees women’s rights in retreat; lies and distortions that go largely unchallenged; meanness toward immigrants; and disdain for civility and democratic norms. I don’t know what that is unless it’s a people. It’s just, I don’t know, I don’t like the division and everything.”Murphy can agree on that point.
Persons: Pat Levin, It’s, , , Donald Trump, Democratic Sen, Bob Casey, Susan Wild, Franklin Roosevelt, Levin, ” Levin, wasn’t, Richard Nixon, Ronald Reagan, George H.W . Bush, George W, Bush, … I’m, — I’m, Trump, Kamala Harris, CNN's John King, CNN Levin, What’s, Marvin Boyer, Boyer, ” Boyer, I’m, ” Kamala Harris, Darrell Ann Murphy’s, ” Murphy, Harris, she’s, Murphy, Darrell Ann Murphy, Pamela Aita, Catherine Long, Catherine Long sparred, ” Aita, “ Long, doesn’t, “ I’m, Aita, Long, stokes, , We’ll, John Organizations: Pennsylvania CNN, Democratic, Republican, Bethlehem, CNN, White House, Elon, doer, Trump, elect’s Locations: Bethlehem, Pennsylvania, Vietnam, Harris . Pennsylvania, Northampton County, Northampton, Iowa, Easton , Pennsylvania, Easton, Palmer Township, America, It’s
A record 31 million passengers are expected to fly US airlines over the course of this week, according to Airlines for America, the industry trade group. And while many airlines have increased the available number of flights and seats, those capacity increases have not kept pace with demand. With some of the busiest months yet to come, a new record for the percentage of seats airlines’ filled is within reach. Airlines are signaling prices will probably go higher as some of the lower-fare airlines struggled with ongoing losses and sharply reduced their capacity. But critics of the airlines say troubles at the lower fare airlines aren’t solely to blame for higher fares.
Persons: it’s, Fuller, , , Scott Keyes, Andrew Nocella, “ We’ve, Scott Kirby, William McGee, It’s, ” McGee, Organizations: New, New York CNN, Airlines for America, Spirit Airlines, Southwest Airlines, JetBlue Airways, Spirit, JetBlue, Frontier, American Economic Liberties Locations: New York, Cirium, Southwest, Delta, United States, United
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTariffs for most of next year seems unlikely for Canada and Mexico, says Exante CEO Jens NordvigJens Nordvig, Exante Data founder and CEO, joins 'Money Movers' to discuss Trump's tariffs plans impact on the market.
Persons: Jens Nordvig Jens Nordvig Organizations: Exante Locations: Canada, Mexico
"When I first tested it myself, I was absolutely floored, because the draft report was incredibly accurate. "If the police officer is going to rely on artificial intelligence [to draft the report], that report should be reviewed," said New York trial attorney David Schwartz. Axon competitors Truleo and 365 Labs are positioning their AI tools as quality-focused aids for officers rather than time savers. Still, she says "I don't think the genie is going back into the bottle. Schwartz believes that while AI reports could be admissible, they open the door for intense cross-examination.
Persons: Fort, Rick Smith, Robert Younger, Stephanie Pitcher, Parker, McConkie, David Schwartz, Smith, Keith Olsen, , Olsen, Anthony Tassone, 365Labs, Mohit, Cassandra Burke Robertson, Schwartz, it's, Adam Rosenblum, Sergeant Younger, Fort Collins, I've, that's Organizations: East Palo, Fort Collins Police Department, it's, New York, Center, Case Western Reserve University School of Law, Fort Locations: Fort Collins , Colorado, Lafayette , Indiana, East, East Palo Alto , California, Utah, York, New Jersey
San Francisco-based Databricks is raising at least another $5 billion in its latest funding round — though it could raise up to $8 billion given the round is ongoing — according to several sources who asked not to be named because the discussions were private. The latest raise would value the company at $55 billion and could top the largest round of the year by OpenAI. The latest funding is designed to help Databricks employees sell shares, a source said. One source said the funding round makes Databricks' highly anticipated public debut less urgent. This summer, it acquired MosaicML, a $1.3 billion software startup that focuses on large language models that can churn out natural-sounding text.
Persons: Ali Ghodsi, Databricks, OpenAI, Andreessen Horowitz, Baillie Gifford, Snowflake, Ghodsi Organizations: Databricks Inc, Bloomberg Technology, CNBC, OpenAI, Walgreens, Nvidia, Capital, Fidelity, Insight Partners, Tiger Global Locations: San Francisco
AdvertisementDonald Trump's latest tariff threats have set alarm bells ringing on Wall Street. Analysts warned of a trade war, volatility, steeper inflation, and a flight to safety in markets. Analysts said the president-elect's latest threats could presage tariffs on other countries' exports and escalate into a full-scale trade war. "There has been a view among some investors that Trump's tariff talk was a negotiating tactic, a threat rather than a promise. Advertisement"The president-elect's scorched-earth approach has stoked fears of a trade war, with investors increasingly wary that Europe could be next in his crosshairs."
Persons: Donald Trump's, Donald Trump, There's, George Saravelos, Trump, Dan Coatsworth, AJ Bell, Matt Britzman, Hargreaves Lansdown, Nigel Green, Mark Haefele, Ruben Ferreira, FlowCommunity Organizations: Analysts, Deutsche Bank, Free, deVere, UBS Global Wealth Management Locations: Mexico, Canada, China, America, Europe
AdvertisementI took my girlfriend on a luxury trip to Morocco but only had to pay $250 out of pocket. Booking our business-class flights was so gratifyingWe flew business class on Royal Air Maroc. I took to the private points and miles group I'm in from my Tricks to Travel class to ask if anyone had been to Morocco recently. Several people told me to book business class on Royal Air Maroc, so I started searching for flights. AdvertisementMy girlfriend had never flown business class before, so I was especially excited to surprise her with this.
Persons: she'd, Reggie Lamptey, Reggie Lamptey Hilton, Marriott Organizations: Royal Air Maroc, Hilton Tangier Al, Reggie Lamptey Hilton Tangier Al, Honors, Marriott Locations: Morocco, Marrakesh, Tangier, Hilton Tangier Al Houara, Reggie Lamptey Hilton Tangier Al Houara
The Israeli military also told entire towns in southern Lebanon to evacuate, including Naqoura, where a United Nations peacekeeping force is based. The cease-fire proposal, mediated by American and French diplomats, would start a 60-day process during which both sides would stop fighting and withdraw from southern Lebanon. Israel has sought guarantees from the United States that it would have U.S. support to send troops back into southern Lebanon if Hezbollah violated the arrangement. Hezbollah’s leader, Naim Qassem, suggested last week that the group would accept a truce if Israel stopped striking Lebanon and Lebanon retained its sovereignty. The cease-fire would officially be an agreement among Israel, Lebanon and the mediating countries, including the United States.
Persons: Benjamin Netanyahu, Netanyahu, Mr, Naim Qassem, Israel, Hassan Nasrallah, Jack Nicas, Myra Noveck, Euan Ward Organizations: Lebanese, United Nations, Lebanese Army Locations: Lebanon, Beirut, Tel Aviv, Israel, United States, States, Jerusalem
CNN —It’s been two weeks since Hawaii woman Hannah Kobayashi went missing after she did not board a connecting flight to New York City during a layover at Los Angeles International Airport on November 8. Her father, Ryan Kobayashi, was found dead Sunday, after he had traveled to Los Angeles to search for her. The Los Angeles County medical examiner’s office determined he died by suicide. The Kobayashi family said the “devastating tragedy” only adds to their anguish. “After tirelessly searching throughout Los Angeles for 13 days, Hannah’s father, Ryan Kobayashi, tragically took his own life.
Persons: CNN — It’s, Hannah Kobayashi, Ryan Kobayashi, Ryan Kobayashi’s, Kobayashi, , Hannah’s, Hannah, New York Hannah, John F, Sydni, LeBron, , texted, , Los Angeles Police Department’s, ‘ Ryan, Ryan, “ Hannah, CNN’s Veronica Miracle, “ I’m, Larie Pidgeon, ” Pidgeon, fiancée, ” CNN’s Karina Tsui, Amanda Jackson, Elizabeth Wolfe, Maria Aguilar Prieto, Natasha Chen, Chris Boyette Organizations: International Association for Suicide Prevention, Befrienders, CNN, Los Angeles International Airport, LAPD, CNN –, John, Kennedy International Airport, Taschen, YouTube, Nike, Los Angeles Police, Facebook, Metro Locations: Hawaii, New York City, Los Angeles, Los Angeles County, New York, Maui, Grove, Crypto.com,
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday. In addition, they expressed uncertainty over where the rate cuts would need to stop before the Fed hit a "neutral" interest rate that neither boosts nor restrains growth. Conflicting signals on inflation and the uncertainty over Trump's policies have caused traders to scale back their outlook for interest rate cuts ahead. Officials indicated that the state of the labor market is generally solid. "Participants generally noted … that there was no sign of rapid deterioration in labor market conditions, with layoffs remaining low," the minutes said.
Persons: FOMC, Donald Trump's Organizations: Federal, Market, stoke, Republican, Fed
Police, reporters and curious onlookers soon flooded the neighborhood as audiences started following the highly publicized case that ended in 1996 with brothers Erik and Lyle Menendez receiving life sentences for the murder of their parents. The Beverly Hills Police Department told CNN they responded to 16 calls to the location in October for traffic complaints regarding tour buses and vans, as well as incidents of trespassing and noise. "Monsters: The Lyle And Erik Menendez Story" starred Cooper Koch as Erik Menendez and Nicholas Chavez as Lyle Menendez. Aside from faint memories of the brothers practicing tennis overnight and offering tennis lessons to kids in the neighborhood, Josh said the years have worn the brothers and trial out of his memory. “If the Menendez brothers case leads to a resentencing, there’s encouragement to continue this type of fandom, too,” he said.
Persons: Josh, didn’t, Jose, Kitty Menendez, Erik, Lyle Menendez, Menendez, , ” Josh, I’m, , Ryan Murphy’s, Lyle, Erik Menendez, Adam Golub, Jeffrey Dahmer, John Wayne Gacy, Cooper Koch, Nicholas Chavez, Miles Crist, Netflix “, , Golub, who’s, they’ve Organizations: CNN, Police, Milli, California State University, Fullerton, Beverly Hills Police Department, Netflix Locations: Beverly Hills, Argentina, Colombia, Guatemala, Sweden, Golub
AdvertisementIsrael has agreed on a cease-fire deal aimed at ending nearly 14 months of fighting with Hezbollah. Israel and Lebanon have agreed on a cease-fire to end nearly 14 months of devastating fighting between the Israeli military and Hezbollah, President Joe Biden announced on Tuesday. AdvertisementBiden said the cease-fire, designed to permanently end fighting across the Israel-Lebanon border, will take effect at 4 a.m. local time on Wednesday. Israel and Hezbollah have fought against each other for nearly 14 months. At the end of the month, Israeli forces launched a ground invasion into Lebanon — its first in nearly 20 years.
Persons: Joe Biden, Biden, Benjamin Netanyahu's, Israel, Netanyahu, Fadel ITANI Organizations: Israel, Hezbollah, White, Lebanese, Israel Defense Forces Locations: Lebanon, Gaza . Israel, Israel, Iran, Gaza, Beirut
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