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Dan’s research and teaching focus is on using AI for legal services and the regulation of AI in society. For instance, we can develop AI tools to help individuals understand their responsibilities and rights, and preserve and enforce those rights. People in businesses, large and small, are already using chatbots, AI assistants and other AI tools to help them comply with laws, regulations and internal policies. Additionally, new roles are emerging in the legal industry, such as legal engineers who build systems, legal data scientists and legal operations professionals. AI tools will then quickly re-optimize decisions associated with inventory shipments, staffing and promotions.
Persons: ” That’s, Dropbox, Goldman Sachs, isn’t, Erich S, Huang, ” Erich S, Huang I’ve, Regina Barzilay, Barzilay, Geoffrey Hinton, radiologists, , , Daniel W, Linna, Dan, , ” Daniel W, Refik, Anadol, , Adam Elmachtoub, Nisreen, Theodore Kim, don’t, ” Theodore Kim Moreover, Janis Joplin, Jackie Jormp, We’re, Baz Luhrmann’s “, Gatsby, That’s, Leonardo DiCaprio, mockbusters, Eirini, GitHub Copilot, Ashok Goel, Jill Watson, ” Ashok Goel, Kristen DiCerbo, Alireza, Davis Organizations: CNN, CNET, International Association of Machinists, Aerospace Workers, Informatics, Verily, Duke Health, Biomedical Informatics, Duke University School of Medicine, Adobe, Apple, Electrical Engineering, Computer Science Department, MIT, Jameel Clinic, Machine Learning, MacArthur, National Academy of Engineering, American Academy of Arts and Sciences, Northwestern’s Pritzker School of Law, McCormick School of Engineering, Northwestern University’s CS, Center, Better Housing, UCLA’s Department of Design Media Arts, The Museum, Modern Art, Centre Pompidou, Walt Disney Concert, Department of Industrial Engineering, Research, Columbia University, NBA, Spice, Digital Organisation and Society, Royal Holloway, University of London, UK Academy of Information Systems, Yale, Pixar, Technical, Writers Guild of America, SAG, Hollywood, YouTube, Tech, Developers, Georgia Institute of Technology, National AI, Adult, Education, US National Science Foundation, Georgia Tech, Khan Academy, Systems, Studies, Agricultural Engineering, University of California, university’s, Agriculture, Labor Locations: outplacement, Iceland
Why American families are leaving the US for Europe
  + stars: | 2023-09-02 | by ( Maureen O'Hare | ) edition.cnn.com   time to read: +4 min
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Finally, Pennsylvanian Alan Andrew and his Belgian husband, Vincent Proost, bought a rundown farmhouse in the Alentejo region of Portugal. Young hearts run freeThere comes a day in all our lives when we’ve taken our final vacation, whether we realize it at the time or not. From next year, it won’t even be free to travel to Europe. The new ETIAS visa waiver program will allow entry into EU countries for fees starting at $7.70.
Persons: who’ve, Dawkins, Nadine, Kim, , Alan Andrew, Vincent Proost, we’ve, Terry Ward, you’re, We’ve, It’s, CNN Riiya Shukla, Arabia ”, , Organizations: CNN, Labor, Pearl, Auckland, Auckland Airport Locations: United States, Texas, Latronico, North Carolina, Umbria, Belgian, Alentejo, Portugal, Florida, Canada, Italy, Europe, Asia, Bhutan, Ho Chi Minh City, Vietnam, Tokyo, Kong’s, New Zealand, Norway, Arabia, Antalya, Instagram
Teachers, too, are digging deeper to meet their classroom needs out of pocket. As more teachers quit over low salaries and other concerns, it’s exacerbating the ongoing teachers shortage in the United States. Consumer price inflation remains elevated, but has come down considerably since hitting 40-year highs last year. Last year, Gilliam spent about $1,000 stocking up on school supplies. Adjusted for inflation, teachers on average are making $3,644 less than they did 10 years ago, the NEA said.
Persons: aren’t, Sarah Adkins, , , Adkins, who’s, That’s, Jamesha Gilliam, Gilliam, It’s, Gatsby, Bryan Glahn, Glahn, It’s Glahn’s, Bryan Glahn “, ” Glahn, “ There’s Organizations: New, New York CNN, Pennoyer School, Northwest Chicago surburban, Bureau of Labor Statistics, National Education Association, NEA, Northwest Area School Locations: New York, Northwest Chicago, United States, Chicago, Marion County , Florida, Shickshinny, Pennsylvania, Shickshinny , Pennsylvania
The Best Deals From Ulta’s 21 Days of Beauty Sale
  + stars: | 2023-09-01 | by ( Madeline Diamond | ) www.wsj.com   time to read: +2 min
If so, you’ll probably want to take a look at Ulta’s 21 Days of Beauty sale. The event, which runs from Aug. 27 to Sept. 16, includes new discounts on makeup, skincare, fragrance and bath products each day. Body butterOsea is known for its luxe skincare and body products, including this rich body butter. Buy Side favoritesWhile you’re shopping Ulta’s sale items, consider stocking up on these vetted favorites. Mineral sunscreenWe featured this lightweight sunscreen from First Aid Beauty in our roundup of the best mineral sunscreens.
Persons: Madeline Diamond, you’ll, Ulta, Monsieur Big, It’s, shea, it’s, there’s Locations: L’Oréal
Hong Kong hunkers down as super typhoon Saola approaches
  + stars: | 2023-08-31 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A girl reads a book at a bookstore, which windows are taped in anticipation of typhoon Saola in Hong Kong, China August 31, 2023. REUTERS/Tyrone Siu Acquire Licensing RightsHONG KONG, Sept 1 (Reuters) - Hong Kong braced for the arrival of super typhoon Saola on Friday as authorities raised the strong wind signal to No.8, bringing the city to an effective standstill with most businesses, schools and the stock exchange shut. Saola is expected to skirt within 100km (60 miles) of Hong Kong on Friday night and Saturday morning, causing weather conditions to deteriorate rapidly, the city's weather observatory said. Hong Kong has five rankings for typhoons, 1, 3, 8, 9 and 10, which is the strongest hurricane signal. All schools in Hong Kong will be closed on Friday, despite being the first day of term for many, the government said.
Persons: Tyrone Siu, Hong Kong, Farah Master, Ben Blanchard, Lincoln Organizations: REUTERS, Tyrone, Supermarkets, Kong's, Cathay Pacific, Weather Bureau, Thomson Locations: Hong Kong, China, HONG KONG, Guangdong, Hong, Wan Chai district, Taiwan, Fuzhou, Taipei
BEIJING/ HONG KONG Aug 31 (Reuters) - China issued its highest typhoon warning on Thursday as Super Typhoon Saola, packing winds of more than 200 kph (125 mph), headed towards the southeastern coastline, threatening Hong Kong and other major manufacturing hubs in nearby Guangdong province. Chinese forecasters issued a typhoon red warning at 6 a.m. (2200 GMT). As Saola approached, Guangdong's Shenzhen city said it would upgrade the typhoon warning level to yellow - the second lowest - at 6 p.m. on Thursday, and suspend classes at nurseries, kindergartens, primary and secondary schools. China Railway has suspended several major train lines and Shanghai halted trains heading to Guangdong, according to local media. Reporting by Bernard Orr, Ethan Wang,David Kirton and Shanghai newsroom, Farah Master and Twinnie Siu in Hong Kong; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
Persons: Saola, Hong Kong's, Shenzhen's Baoan, Downpours, Bernard Orr, Ethan Wang , David Kirton, Farah, Twinnie Siu, Lincoln Organizations: Meteorological Centre, Supermarkets, Kong's, China Southern Power Grid, China Railway, Thomson Locations: BEIJING, HONG KONG, China, Hong Kong, Guangdong, Guangdong province, Huilai County, Wan Chai district, Shenzhen, Shenzhen's, Shanghai, Fujian
My friends and family asked for a baby registry — instead, I asked for contributions to a 529 plan. No matter what form my baby's education costs take, the money in the 529 plan will be valuable. A 529 plan is a tax-advantaged savings plan that allows people to start saving now for future education costs. Here are three ways a 529 plan is setting her up for future financial success. A 529 plan covers different types of educationThe main reason I decided to set up a 529 plan is to help fund my child's college experience.
Persons: Roth IRAs, Roth Organizations: Service Locations: Wall, Silicon
Walmart also has agreed to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year. For example, a pharmacist could go from an 80-hour, two-week pay period to one lasting 64 or 72 hours, said the source, who attended the meeting and spoke on condition of anonymity. On average, the Bentonville, Arkansas-based retail chain pays its pharmacists more than $140,000 a year, excluding bonuses and incentives, according to Walmart. Earlier this year, Walmart scaled back the operating hours of its pharmacies by two hours at more than 4,500 U.S. stores, amid a shortage of pharmacists and pharmacy technicians that began during the pandemic. SHORTAGE OF PHARMACY TECHNICIANSThe underlying reason that chain drug stores like Walmart are scaling back pharmacists' hours is a shortage of pharmacy technicians, Hogue said.
Persons: haven't, Davey Lavergne, Marilee McInnis, Michael Hogue, Hogue, Siddharth Cavale, Jonathan Oatis, Andy Sullivan Organizations: Walmart, Reuters, Dow Jones Industrial, Health, Wellness, American Pharmacists Association, Pharmacy Workforce Center, Pharmacy, Thomson Locations: Arkansas , Tennessee , Missouri , Alabama, Georgia, Florida, Louisiana, Bentonville , Arkansas, Washington, New York
"The price of global rice prices is particularly worrying," Qingfeng Zhang, a senior director from the Asian Development Bank, told CNBC. Other than India, food inflation has been relatively tame in Asia so far this year. Underscoring how higher food prices erode purchasing power, ADB suggested at that time that a 10% rise in domestic food prices in developing Asia would push 64.4 million into poverty, based on the $1.25-a-day poverty line. Moreover, this spike in rice prices is happening amidst widespread lower food prices. watch nowThis means any spikes in food prices will only translate to food inflation toward the end of this year or early 2024.
Persons: Qingfeng Zhang, El Niño, Niño, Erica Tay, Tay, Tay . Rice, Xi Jinping, Morgan Stanley, Maybank Nomura, Sonal Varma, Si Ying Toh, Nomura, Paul Hughes, Hughes, Global's Hughes Organizations: Istock, Asian Development Bank, CNBC, ADB, United Nations, FAO, Tay . Locations: Ho Chi Minh, Vietnam, Asia, India, Thailand, China, Myanmar, Cambodia, Tay, U.S, El, Australia, Pacific, Singapore, Hong Kong, Indonesia, South Korea, Philippines, Malaysia
Aug 18 (Reuters) - Estee Lauder (EL.N) forecast annual sales and profit below estimates on Friday, indicating a slower-than-expected rebound in its travel retail business, mainly in Asia, and waning demand in the United States, sending its shares down about 3%. Analysts note that the drop in consumer demand in China and a slow recovery in Asia travel retail - sales made at airports or travel destinations like Korea and China's Hainan - could impact luxury companies like Estee, which makes about 30% of its annual revenue from the Asia Pacific region. "De-stocking and inventory levels in Asian Travel Retail… likely to remain the biggest headwind to growth over the next few quarters," said Bernstein analyst Callum Elliott. Estee expects full-year sales to rise between 5% and 7%, compared with an estimated 8.8% increase, according to Refinitiv data. It sees annual adjusted profit to be between $3.50 and $3.75 per share, compared with an expectation of $4.83.
Persons: Estee Lauder, It's, Tracey Travis, Lauder, Shannon Stapleton, Bernstein, Callum Elliott, Estee, Granth Vanaik, Ananya Mariam Rajesh, Pooja Desai Organizations: Reuters, Nordstrom, REUTERS, L'Oreal, U.S ., Asia Pacific, Thomson Locations: Asia, United States, China, Korea, Hainan, Asia Pacific, New York, U.S, Americas, Mainland China, Bengaluru
Target followed that pattern in the second quarter. E-commerce sales rose 24% for Walmart U.S. in the second quarter. Both retailers pointed to curbside pickup as a major driver of online sales — a key differentiator from competitor Amazon. Walmart chalked up online sales gains to store pickup and delivery, as well as more advertising revenue. Sales of frequency categories, such as food and beauty items, weren't enough to offset weaker discretionary sales at the retailer.
Persons: Rainey, Christina Hennington, That's, Target's Hennington, Taylor Swift, Stanley tumblers, Chip, Joanna Gaines Organizations: Wal, Rogers, Getty, Walmart, Walmart U.S, Amazon Locations: Rogers , Arkansas, Tenleytown, Washington, DC
Chinese arms sales in the Middle East have increased by 80% over the past decade, a result of Beijing's expanding relationships there and its willingness to deliver arms faster and with fewer stipulations than Washington. FAYEZ NURELDINE/AFP via Getty ImagesMiddle Eastern countries, led by the Arab Gulf states, have for decades been major buyers of US-made weapons. Chinese arms sales to the region are "substantial and expected to continue to increase," said Ahmed Aboudouh, an associate fellow at Chatham House. "But it's just one factor among many, including varying threat perceptions of Iran among the Arab Gulf states as well as varying levels of trust between the Arab Gulf governments themselves." Paul Iddon is a freelance journalist and columnist who writes about Middle East developments, military affairs, politics, and history.
Persons: Michael Kurilla, Kurilla, Loong, KARIM SAHIB, Colin Kahl, Biden, Kahl, We're, FAYEZ NURELDINE, Ahmed Aboudouh, Aboudouh, James Hodgman, Russia's, ANDREW CABALLERO, REYNOLDS, Emily Hawthorne, RANE, that's, Hawthorne, Abu Dhabi, Mohammed bin Zayed, Xi, ANDY WONG, Kahl's, Paul Iddon Organizations: Service, US Central Command, Senate Armed Services Committee, Dubai Airshow, Getty, Chatham House, Pentagon, Getty Images, United Arab Emirates, Patriot, Al Udeid, Base, US Air Force, Tech, Air Defense, Turkey, NATO, East, Khalifa, UAE, US, Abu Dhabi Crown, Gulf Cooperation Council Locations: China, Washington, Wall, Silicon, Beijing, AFP, British, Saudi, Riyadh, Saudi Arabia, Abu Dhabi, East, North Africa, Qatar, Russia, Europe, Gulf, UAE, Yemen, Ankara, Turkey, Prince, Xinhua, Khalifa, Abu, Arab Gulf, Iran
Credit card enthusiasts will tell you the best deals come from earning airline or hotel points and miles and redeeming them for free vacations worth hundreds or thousands of dollars. From cash back credit cards to flexible travel cards, these five options are a great choice for those who want to rack up rewards without playing the miles game. The best on the market right now is the Wells Fargo Active Cash Card, which offers 2% cash back on every purchase. Rates and FeesRent makes up the largest portion of most Americans’ budgets, but it is a particularly hard category to earn rewards on. The Bilt Mastercard is currently the only credit card on the market changing that.
Persons: Emily Sherman, Wells, spender, you’ll, Cardholders, cardholders Organizations: Wells, Cash, Citi, American, American Express, Walmart, Target, Bureau of Labor Statistics, Amazon.com, Foods, Chase Travel, Amazon Prime, Amazon, Mastercard Locations: U.S, Chase
THOUGH SALIMA BOUFELFEL and Roberto Cowan are known in the fashion world as the owners of the influential vintage clothing boutique Desert Vintage, they’re historians at heart. Tucson natives, they met as college students while working at an outpost of the used clothing chain Buffalo Exchange across the street from the University of Arizona. Boufelfel, 36, grew up in a family of artists and academics and developed an affinity for styling while costuming school plays; Cowan, 33, comes from a long line of seamstresses and taught himself to sew around age 13. Both knew early on that they wanted to work with historical fashion so, in 2012, after the owner of a Tucson vintage boutique that Boufelfel frequented put the business up for sale, they took it over, keeping the name and stocking it with pieces not only obscure (Jean Varon and Michael Vollbracht evening gowns; an ’80s jumpsuit from a label called Workers for Freedom) but also rare (Fortuny Delphos dresses, a Victorian-era matador jacket). Eleven years later, their collection of some 5,000 items — spanning Edwardian London to Y2K Tokyo — has drawn a global following of designers and stylists, who turn to Desert Vintage both to inform their work and to fill their personal wardrobes.
Persons: SALIMA BOUFELFEL, Roberto Cowan, Cowan, Jean Varon, Michael Vollbracht Organizations: Buffalo Exchange, University of Arizona, Workers Locations: Tucson, Boufelfel, London
Niamey, Niger CNN —Mohamed Bazoum, the democratically elected president of Niger, said he is being kept isolated and forced to eat dry rice and pasta by the military junta who overthrew him and are refusing to cede power despite international pressure. Nigeria supplies much of neighboring Niger’s electricity but cut off the power in response to the coup. All of the perishable food he was supplied with has since gone bad, and he is now eating dry pasta and rice. Nuland’s meeting Monday with senior coup leaders lasted more two hours, consisting of “extremely frank and at times quite difficult” conversations. CNN has requested comment from the French Ministry of Foreign Affairs and the French military.
Persons: Niger CNN — Mohamed Bazoum, Bazoum, president’s, State Victoria Nuland, Antony Blinken –, Abdourahamane Tiani, , Maj, Amadou Abradamane, Abradamane Organizations: Niger CNN, CNN, State Victoria, State Department, Protesters, Getty, United Nations, Economic, West African States, ECOWAS, Junta, TV5, Nigerien, Resistance Council, Republic, French Ministry of Foreign Affairs Locations: Niamey, Niger, Nigeria, Nigerien, France, N’djamena
Following Monday's trade, Dupont will have a 1% weighting in Jim Cramer's Charitable Trust, the porfoltio we use for the Club. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. Traders work on the floor of the New York Stock Exchange (NYSE) on August 02, 2023 in New York City.
Persons: Dupont, Jim Cramer's, DuPont, it's, repurchased, There's, Ed Breen, Jim Cramer, Jim, Spencer Platt Organizations: DuPont, Jim Cramer's Charitable Trust, Club, DuPont Electronics &, Devices, Rogers Corporation, Rogers, JPMorgan, CNBC, Traders, New York Stock Exchange, Getty Locations: China, Celanese, New York City
Stocking up on rice, fleeing the capital by bus or vowing to defend their new military leaders, many in Niger braced this weekend for a deadline imposed by a 15-member bloc of West African nations for the country’s junta to relinquish power. But that deadline to restore democracy or face military action expired on Sunday. But the ultimatum also rallied many Nigeriens behind their new military leaders. West African officials said that they would employ force only as a last resort, and most analysts said that a conflict appeared unlikely, at least in the near term. But ECOWAS military officials said that they did have a plan for an intervention, if needed.
Persons: Niger’s, insurgencies, Abdourahmane Tchiani Organizations: West, Economic Locations: Niger, West African States, Africa, Niamey
Michael Burry warned surplus inventory leads to price cuts, slimmer profits, and pressure on stocks. The shipping giant's earnings suggest "The Big Short" investor's call was at least partly right. In other words, many of the shipping giant's customers ordered fewer goods last quarter, and focused on offloading their bloated inventories instead. Burry, the investor of "The Big Short" fame, appears to have seen the downturn coming. But the fact that Maersk is seeing its customers cut back on shipping in order to reduce their inventories could signal that consumer spending is now under pressure as Burry predicted.
Persons: Michael Burry, Burry Organizations: Maersk, Service, Scion Asset Management Locations: Wall, Silicon, North America, Europe
India rice export ban, explained
  + stars: | 2023-08-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +6 min
But for importers and loyal consumers of Indian-grown non-basmati varieties, the ban has been disruptive, including in the United States. Internationally, the ban is causing an upheaval in the market and could especially impact places that rely on Indian rice exports. “So we’re looking to have a really healthy, robust US rice crop.”The United States primarily imports specialty and fragrant rice, he said, like arborio rice used to make risotto; jasmine rice; basmati rice and other varieties. “We are completely dependent on non-basmati rice,” said Kiran Kumar Pola, director of Deccan Foods, an importer and distributor of non-basmati Indian rice that operates out of Arizona. “We at India Bazaar understand the concerns raised in light of the recent ban on Indian Non-Basmati Raw Rice,” the post reads.
Persons: We’ve, USA Rice, what’s, , , Tanner Ehmke, Anupam Nath, Ehmke, Joseph Glauber, it’s, Glauber, El Niño, “ There’s, Peter Bachmann, Charles Hart, ” Rice, Rory Doyle, Kiran Kumar Pola, Sona Masoori, Kerala Matta, Rice Organizations: New, New York CNN, ” USA Rice Federation, , International Food Policy Research, International Food Policy Research Institute, USA Rice Federation, BMI, Bloomberg, Deccan Foods, Facebook Locations: New York, United States, USA, India, CoBank, Asia, ” India, Guwahati, Philippines, Malaysia, Vietnam, Southeast Asia, Nigeria, Ivory Coast, Senegal, West Africa, Pakistan, South Asia, California, Pace , Mississippi, Arizona, Kerala, South India, Pola, Dallas
Philippines seeks rice supply boost, may look to India
  + stars: | 2023-07-29 | by ( ) www.reuters.com   time to read: +2 min
"I'm thinking about the national supply for rice," Marcos told officials in the northern province of Cagayan, where he went to assess the damage from Typhoon Doksuri. "Everybody is preparing for El Nino, all of Southeast Asia. " The Philippines, one of the world's biggest rice importers, traditionally buys the staple grain mainly from its neighbour Vietnam. India last week banned exports of non-basmati white rice - its largest rice export category - to ease domestic prices that climbed after rains caused significant crop damage. "That's why I'm getting nervous over possible spikes in (local) prices even if we import."
Persons: Marcos, Ferdinand Marcos Jr, Doksuri, Enrico Dela Cruz, Mayank Bhardwaj, William Mallard Organizations: El Nino, El, Thomson Locations: Vietnam, Philippines, MANILA, Philippine, India, El Nino, Cagayan, Southeast Asia, New Delhi, Thailand, Ukraine
It’s no secret that nonalcoholic cocktails are suddenly ubiquitous. Whereas until a few years ago, nondrinkers had to make do with cranberry-splashed club soda, now seemingly every noteworthy bar offers a phony Negroni or a margarita-inspired mocktail. Today, the best bitter aperitifs (the term for nonalcoholic alternatives to spirits like Campari and Aperol) have all the complexity and layered flavors of their boozy counterparts. — Oliver StrandVideo Credit Credit... For our 2023 Summer Entertaining Issue , T stops by dinner parties from Ibiza to Long Island — and shares recipes for the best warm-weather snacks and spritzes. - Host Gift Guide: What T’s editors and contributors are bringing to thank their hosts this summer, including surreal serving spoons and cozy quilts.
Persons: nondrinkers, margarita, , Stacey Swenson, Nicholas Bodkins, They’re, , — Oliver, Yann Nury Organizations: Boisson, distillers, Video Credit Locations: Manhattan, New York, Los Angeles, San Francisco, Miami, Ibiza, Long, French, Amsterdam
U.S. orders antiviral drugs worth $138 million from SIGA Tech
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +1 min
Companies SIGA Technologies Inc FollowJuly 27 (Reuters) - SIGA Technologies Inc (SIGA.O) on Thursday said it has won a new contract for its antiviral drug, Tpoxx, from the U.S. Department of Health and Human Services, sending the company's shares up about 20% after the bell. The order is for delivery of about $113 million worth of oral Tpoxx treatment courses and about $25 million worth of the intravenous formulation of the treatment, SIGA said. SIGA expects to fully deliver the order of oral Tpoxx drugs in 2023 and expects to start delivering IV TPOXX in 2024. Prior to the delivery of the IV drugs, it will focus on fulfilling a prior IV order, the company said. The U.S. Centers for Disease Control and Prevention expanded its use to help tackle the spread of mpox in 2022.
Persons: SIGA, Phil Gomez, Sriparna Roy, Devika Organizations: SIGA Technologies, U.S . Department of Health, Human Services, U.S . Food, Drug Administration, U.S . Centers for Disease Control, U.S . Department of Defense, World Health Organization, Thomson Locations: mpox, Bengaluru
In particular, memory chip demand from corporate buyers stocking AI data centres as well as gaming personal computers is expected to increase in the second half of the year, the world's second-biggest memory chip maker said. SK Hynix reported a 2.9 trillion won ($2.28 billion) operating loss in the June quarter, down from 4.2 trillion won profit a year earlier on weak memory chip pricing and demand. AI CHIPSSK Hynix said demand for AI server memory had more than doubled in the second quarter compared to the first quarter. SK Hynix leads the market in high bandwidth memory (HBM) DRAM used in the fast-growing field of generative AI. Samsung, the world's biggest memory chip maker, will report its detailed second-quarter financial results on Thursday.
Persons: SK Hynix, Greg Roh, Nam Dae, 1,274.1300, Joyce Lee, Heekyong Yang, Christopher Cushing, Jamie Freed Organizations: Korea's SK Hynix, Microsoft, SK Hynix's, SK, SK Hynix, Revenue, Samsung Electronics, Hyundai Motor Securities, eBEST Investment, Securities, Samsung, Thomson Locations: SEOUL, KS, HBM
For two years, Coca-Cola has been raising prices on its drinks to combat higher costs. But the company said Wednesday it's done hiking prices this year in developed markets like the U.S. and Europe. Coke's prices were up 10% in the second quarter compared with the year-ago period. Coke plans to keep raising prices in line with inflation in developing markets like Latin America. Coke shares fell less than 1% in morning trading, despite the company raising its full-year outlook and reporting earnings and revenue that topped Wall Streeet estimates.
Persons: Coke, James Quincey, Quincey Organizations: PepsiCo, Pepsi, Quaker Foods, Quaker Foods North America, Lay Locations: U.S, Europe, Latin America, Quaker Foods North, America
If you're looking to make extra money on the side, selling products on sites like Amazon is one way to go. "We are essentially the plumbing for e-commerce brands that help get their product manufactured in Asia and keep their businesses running," he told Insider. Insider spoke to Walter about what successful e-commerce companies are doing right — and how anyone can launch one and start making money selling online. Once you actually start profiting from your first product — in this example, the bluetooth headphones — then you can start getting more creative, he noted. "If you're thinking about starting a brand, don't even consider starting a brand that you're going to be fulfilling yourself.
Persons: Tyler Walter, It's, Walter, They've, You've, you've, NurPhoto Organizations: Nike, Adidas, Walmart Locations: Asia, China, Vietnam, Thailand, Malaysia, Taipei, Taiwan, Orlando
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