DIRS.INFO The most relevant business & tech news

☆ Michelle Obama may be the best person to replace Biden and beat Trump — but she's unlikely to step up
▼ + stars: | 2024-07-04 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewFormer First Lady Michelle Obama is the only Democrat capable of beating Donald Trump should President Joe Biden drop out of the race, a poll found. Around 50% said they would vote for Obama, while only 39% said they would vote for Trump. AdvertisementOther potential Democratic candidates all polled lower than Trump, with Vice President Kamala Harris trailing Trump at 43%-42%, California Gov. "Mrs. Obama supports President Joe Biden and Vice President Kamala Harris' re-election campaign." Obama campaigned for Biden in 2020, delivering the keynote speech at the DNC convention where she warned of the dangers of a second Trump term.

Persons: —, Lady Michelle Obama, Donald Trump, Joe Biden, Obama, Biden, Kamala Harris, Gavin Newsom, Gretchen Whitmer, Michelle Obama, Mrs, he'd, She's, Barack Obama Organizations: Service, Trump, Democratic, Business, Trump ., Republican, Michigan Gov, NBC News, DNC, Biden, Washington Post Locations: California

☆ Ford is so desperate to push EVs that it's making managers lease them
▼ + stars: | 2024-07-04 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

The automaker is changing its leasing scheme to encourage managers to go electric, per Reuters. It comes as Ford's electric vehicle business battles struggling sales and substantial losses. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to an internal company email viewed by Reuters, the automaker has changed its leasing policy for some employees to encourage them to buy the company's EVs. This story is available exclusively to Business Insider subscribers.

Persons: Ford, — Organizations: Service, Reuters, Business

☆ Michelle Obama May Be Only Person Who Could Replace Biden, Beat Trump
▼ + stars: | 2024-07-04 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewFormer First Lady Michelle Obama is the only Democrat capable of beating Donald Trump should President Joe Biden drop out of the race, a poll found. Around 50% said they would vote for Obama, while only 39% said they would vote for Trump. AdvertisementOther potential Democratic candidates all polled lower than Trump, with Vice President Kamala Harris trailing Trump at 43%-42%, California Gov. "Mrs. Obama supports President Joe Biden and Vice President Kamala Harris' re-election campaign." Obama campaigned for Biden in 2920, delivering the keynote speech at the DNC convention where she warned of the dangers of a second Trump term.

☆ Bitcoin's slide under $58,000 could mark a bigger correction to come, analyst says
▼ + stars: | 2024-07-04 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The decline puts bitcoin below its 200-day moving average, which could signal a downturn, FXPro's Alex Kuptsikevich said. Investors are unloading the token as fear mounts of selling pressure from Mt. The fallout extends a three-day drop, as worries mount over impending selling pressure in the market. The decline has now pulled bitcoin below its 200-day moving average, FXPro senior market analyst Alex Kuptsikevich pointed out. But that's adding to fears over selling pressure, as clients may choose to cash their tokens for big gains.

Persons: Bitcoin, Alex Kuptsikevich, —, bitcoin, Kuptsikevich, Fundstrat's Tom Lee, Michael Novogratz Organizations: Investors, Service, Galaxy Locations: Mt, Gox, bitcoin, solana

☆ Cracker Barrel employees and customers say the restaurant chain needs a turnaround, too
▼ + stars: | 2024-07-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

They also pointed to some ways Cracker Barrel could get diners back in the chain's iconic rocking chairs waiting for a table. Last month, one guest responded: "It seems like Cracker Barrel is trying to squeeze every dollar out of its patrons." AdvertisementA Cracker Barrel spokesperson said patrons "have responded positively" to the $5 offering since it was introduced last year. CEO Masino, who previously held executive roles at Taco Bell and Starbucks, has indicated that changes are coming to Cracker Barrel. Do you work at Cracker Barrel or another major restaurant and have a story idea to share?

Persons: —, Neal Klein, Klein, Julie Felss Masino, We've, crave, Masino, Tom Smith, it's, Bob Horner, Horner, That's, I've, It's, Smith, he's Organizations: Service, Business, Space, Taco Bell, Starbucks Locations: Florida, Chicago, Tennessee, Texas, Midwest

☆ The UK is expecting to get a new prime minister — one that Obama has been mentoring for months
▼ + stars: | 2024-07-04 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +9 min

AdvertisementKitty Donaldson, a political journalist in the UK, told Business Insider that this interview marked a turning point in Starmer's public display of emotion. Obama could advise Starmer on how to deal with TrumpObama's and Starmer's relationship is likely to continue if Starmer wins the election on Thursday. Speaking to Politico's Power Play Podcast in September, Starmer said Obama was the US president that he spoke to "most frequently." Packer said Obama and Starmer's relationship made sense, given the decadeslong ties between the UK's Labour Party and the US Democratic Party. Meanwhile, Donaldson suggested Starmer may seek advice from Obama on dealing with Donald Trump, if the former president is reelected in November.

Persons: —, Keir Starmer, Starmer, Jill Rutter, He's, Rishi Sunak, Goldman Sachs, Akshata Murty, Narayana Murty, Barack Obama, Obama, David Lammy, Lammy, Keir, Kitty Donaldson, Donaldson, it's, Tom Packer, Packer, Donald Trump, Trump, Biden, Andrew Harnik, Stormy Daniels, … Organizations: Service, leftwing Labour Party, Conservative Party, Business, New York Times, UK's, Labour, Infosys, Sunday Times, Politico, Black, Harvard University, Sunak, Telegraph, Minas Panagiotakis, Sky News, University College London, Trump, Guardian, UK's Labour Party, US Democratic Party, BBC Radio Locations: Britain, London, England, Wales, Minas, Europe

☆ Russia's frenemy China is quietly trying to dampen Putin's influence
▼ + stars: | 2024-07-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Members of the Shanghai Cooperation Organization are meeting in Kazakhstan Wednesday. Russia and China are competing over influence in Central Asia. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe leaders of a club of countries touted by Russia and China as a counterweight to Western global power are meeting this week in Kazakhstan. At the Shanghai Cooperation Organization (SCO) in Kazakhstan's capital Astana, Russia's President Vladimir Putin is scheduled to meet China's President Xi Jinping.

Persons: —, Vladimir Putin, Xi Jinping Organizations: Shanghai Cooperation Organization, Kazakhstan, Service, SCO, Astana, China's, Business Locations: Russia, China, Central Asia, Kazakhstan, Kazakhstan's

☆ Nestlé and other companies are trying to stake their claims as weight loss drug experts. They’re not
▼ + stars: | 2024-07-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +8 min

But health professionals are warning consumers not to take medical advice from the same companies trying to sell them food, supplements and other consumables. “People who are on (GLP-1 drugs) eat less calories. Daily Harvest, a meal kit service, has a GLP-1 food collection. In May it announced a new line of frozen meals called Vital Pursuit, pitching the brand to users of weight loss drugs. Some taking GLP-1 drugs have reported losing hair and muscle.

Persons: Ozempic, JP Morgan, —, ”, Donny Kranson, GLP, Nestlé’s, Jorge Moreno, Jody Dushay, Tom Little, “ I’m, “, 1nutrition.com, Atkins, Robert Atkins, Nestlé, Mark Schneider, Marie Callender’s, Slim Jim, Orville Redenbacher’s, Tom McGough, William Dietz Organizations: New, New York CNN, “, Vontobel Asset Management, GNC, Nestlé, Visitors, Yale School of Medicine, Physicians, Harvard Medical School, Danone, Bloomberg, STOP, George Washington University Locations: New York, United States, Switzerland, Novo Nordisk's, Hillerod, Denmark, what’s, Conagra, GLP

☆ Elon Musk and Tesla are on the rise after a brutal start to the year
▼ + stars: | 2024-07-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, a tough sales report for Tesla can't slow the EV maker's turnaround . After a dreadful start to the year, the EV maker has been running on all cylinders on a full charge. Tesla's polarizing CEO also notched a massive victory when investors approved Elon Musk's $55 billion pay plan . But what is new at Tesla, and what sparked the company's recent market rally, are big promises from its CEO. As automakers reconsider their EV strategy , Tesla has figured out how to build cars cheaper than anyone else .

Persons: —, I'm, Tesla, Jordan Strauss, Chelsea Jia Feng, Insider's Nora Naughton, BI's Filip De Mott, hasn't, Karol Serewis, Musk's, Nora, it's, he's, Musk, Apu Gomes, Steve Cohen's Point72, Ken Griffin's, Mark O'Hare, Larry Fink, execs, Marc Benioff, trouncing, It's, Jenny Chang, Rodriguez, they've, Morgan Stanley, Beryl, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, Chelsea, Wall, Elon Musk's, Getty Images, Getty, Ken Griffin's Citadel, BlackRock, EU, Google, YouTube Locations: Wick, Jamaica, New York, London

☆ The VC that predicted a 'mass extinction event for startups' says it's time for a 'Great Reawakening'
▼ + stars: | 2024-07-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Read previewLast year's dearth of capital for startups forced many founders to stretch their cash runways. Efficiency is a hallmark of any good business, but Tom Loverro, an investor at 44-year-old Bay Area venture capital firm IVP, thinks startup founders should step off the brake pedal. The venture capitalist who rightly predicted a "mass extinction event for startups" over a year ago now says the worst is behind us. "We're on the cusp of a Great Reawakening for startups," Loverro wrote in a LinkedIn post. Given that the cloud software market is stabilizing and venture funding is available again to the best-in-breed startups, Loverro is telling startups with sound unit economics to increase their cash burn to speed up progress.

Persons: —, Tom Loverro, Loverro, shutdowns, Darwin, Ball, That's, Uber Organizations: Service, IVP, Business, Autonomy, TechCrunch, LinkedIn Locations: Stockholm

☆ What are the best galleries in London? Artists choose their favorites
▼ + stars: | 2024-07-03 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Royal Academy of Arts, London / David ParryLondon has long been home to some of the world's leading art galleries — Tate Modern, Somerset House and the National Gallery are among the U.K.'s most visited attractions. CNBC asked a mix of artists to name their favorite public and commercial galleries to visit in London — large or small. Contemporary galleries — and an upscale hotelMultidisciplinary artist Lauren Baker, who is exhibiting at the Venice Biennale until November, named contemporary galleries — and a hotel — as her favorite places to see art in London. Her top London galleries include the Royal Academy of Arts, for its "wonderful" exhibitions, she told CNBC by email. Rob Stothard | Getty ImagesEdwards also likes major London galleries Tate Modern and Tate Britain.

Persons: David Parry London, Lauren Baker, Alice, It's, Rachael Louise Bailey, Matthew Harris, Baker, Woolff, Apolline Bokkerink, Joanne Tinker, Jeff Greenberg, Matthew Flower, Amanda Wilkinson —, Maureen Paley, Gillian Wearing, Wolfgang Tillmans, Ratnam, Katharine Edwards, Mark Rothko's, Rothko, Rob Stothard, Edwards, Mark Rothko, Komal Madar, Kandinsky, Munter, Komal, Madar, Judy Chicago's, Modigliani, Gilbert Proesch, George Passmore, Gilbert, Joe Maher, Tom Oldham, Dave Grohl, Usain Bolt, Gilbert Prousch, Oldham, Queen Elizabeth II, Andy Warhol, Phillips, Dan Kitwood Organizations: Royal Academy of Arts, Royal Academy of Arts ,, Somerset House, CNBC, Venice Biennale, Alice Black Gallery, Universal, Getty, Turner, Tate Galleries, Cricket Fine, London's Tate, Tate, Tate Britain, Seagram, Gilbert & George Centre, Oldham, George Centre, . Locations: London, Royal Academy of Arts , London, Venice, London's Soho, Fitzrovia, Mayfair, Andalusia, Spain, London's Chelsea, New York, Serpentine, Hyde, London's Bermondsey, Islington, Soho, England

☆ Biden's path to victory is much narrower following his debate disaster with states like New Mexico and Virginia suddenly in play for Trump
▼ + stars: | 2024-07-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Under the University of Virginia Center for Politics' current projections, there are five true toss-up states: Michigan, Wisconsin, Pennsylvania, Arizona, and Nevada. The reality is that if Biden is stuck playing defense in states Democrats usually win, Trump's return to the White House will be a foregone conclusion. The only question then will be how many Electoral College votes would the former president win. "If Biden's position gets worse, that's when you see maybe a Virginia or New Mexico get in play," Kondik said. Virginia, New Hampshire, New Mexico, or Minnesota are not going to be the states that put Trump over 270.

Persons: Joe Biden's, Nate Silver, Biden, hadn't, Trump, Crystal Ball, Kyle Kondik, Kondik, Ball, hasn't, George H.W, George H.W . Bush, Robert F, Kennedy Jr, Jen O'Malley Dillon, O'Malley Dillon, There's, Trump's, Harry Enten, Biden's, 8KhJEsd8Dc —, Kamala Harris, Gretchen Whitmer, Gavin Newsom, Lloyd Doggett, we're Organizations: Service, Nebraska, Trump, Business, Sun, Lean, University of Virginia Center, Politics, Electoral College, Republican, Saint Anselm College, Biden, Independent, Granite, Democratic National Convention, California Gov Locations: Michigan , Wisconsin, Omaha, Midwest, Arizona, Georgia, Michigan, Minnesota, Michigan , Wisconsin , Pennsylvania, Nevada, Virginia, New Mexico, Maine, Nebraska, George H.W ., New Hampshire, Granite State, Florida, Texas, Virginia , New Hampshire , New Mexico

☆ My brother drowned trying to save someone else on the Fourth of July. I dread the holiday every year.
▼ + stars: | 2024-07-03 | by ( Janet Funk | ) www.businessinsider.com time to read: +6 min

While the rest of America is celebrating, I'm reliving the day my brother drowned, the day my family went from eight kids to seven. My brother Dave and I drove up together on July 3. Janet Funk and her oldest brother, Paul. Paul, Dave, and Tom jumped up and followed him. They were halfway there when Robbie went under.

Persons: I'm, Paul, Sue, Tom, Carol, Ellen, Robbie, Dave, Janet Funk, Janet Funk Robbie, Robbie waded, — Organizations: Service, Business, Irish Catholic Locations: America, Lake Erie

☆ Google's ambitious plan to replace tracking cookies is going from bad to worse
▼ + stars: | 2024-07-02 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Several adtech companies have been in deep testing mode with Google's Privacy Sandbox for several months, since Chrome turned off third-party tracking cookies for 1% of its users. Criteo, a demand-side platform that helps advertisers place their ads, was also a Privacy Sandbox grant participant. Criteo forecast that if cookies were switched off now, publishers' Chrome ad revenue would decline by about 60% on average. AdvertisementStill, he added, the Privacy Sandbox already seems to be working better than a completely cookieless environment, "which is promising for an early-stage technology." To be sure, the Privacy Sandbox isn't the only alternative to the advertising ecosystem once cookies are discontinued.

Persons: —, they've, Chrome, Criteo, Todd Parsons, Criteo's, Anthony Katsur, Katsur, It's, James Colborn, Michael Lamb, RTB Organizations: Service, Google, Business, Exchange, IAB Tech Lab, IAB Tech, Chrome, Tech, CMA Locations: CPMs

☆ Why Jill Biden is unlikely to convince Joe to step down, despite mounting pressure
▼ + stars: | 2024-07-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Jill Biden — the president's wife of 47 years — responded to criticism of her husband's age at a Manhatten fundraiser on Friday, saying the 81-year-old is "not a young man." "When he gets knocked down, Joe gets back up, and that's what we're doing today," Jill said, according to The Washington Post. Jill Biden has always publicly supported the president. However, she added that Jill and the wider Biden camp's unwavering support could be more harmful than helpful. She said this mindset extends to the Democratic party, adding that many will automatically support Biden because of a "genuine fear" that the party doesn't stand a chance with a replacement nominee.

Persons: —, Jill Biden —, Joe, Jill, he's, Michael LaRosa, Biden, Margaret Thatcher, Neil Kinnock, LaRosa, Katie Rogers, Jill Biden, Megan Varner, Hillary Clinton, Rogers, Andrew Payne, Mrs Biden, Nadia Hilliard, Hilliard, Joe Biden, Justin Sullivan, Jen O'Malley Dillon, Biden's, Quentin Fulks, Payne Organizations: Service, The Washington, Business, Vogue, New York Times, United Kingdom Labour, Times, Business Insider, The New York Times, City University of London, University College London, UCL, Democratic, Trump

☆ Bitcoin is about to clear a big overhang, and the crypto will recover from its slump to reach $150,000 by year-end, Fundstrat's Tom Lee says
▼ + stars: | 2024-07-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Bitcoin holders will see a huge appreciation in the coin by the end of the year. The crypto is on track to hit $150,000 as it clears an overhang created by Mount Gox repayments, Tom Lee said. Bitcoin has had a strong year so far, hitting a fresh record high before edging lower in recent weeks. AdvertisementBut the impact of repayments will fade, Lee suggested, forecasting another big rally to boost bitcoin through the rest of this year. "Bitcoin's probably suffering from the Mount Gox starting distributions in July.

Persons: Tom Lee, Bitcoin, —, Lee, Gox, Bitcoin's, bitcoin Organizations: Service, bitcoin, Mount, CNBC

☆ What's the deal with the Song of Ice and Fire prophecy in 'House of the Dragon'?
▼ + stars: | 2024-07-01 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewRhaenyra Targaryen (Emma D'Arcy) and Alicent Hightower (Olivia Cooke) discuss the Song of Ice and Fire prophecy at the end of "House of the Dragon," season two, episode three — which is a major reference to "Game of Thrones." what caused their divide: King Viserys (Paddy Considine). Related storiesHowever, Rhaenyra quickly figures out that he was actually trying to talk to her about the Song of Ice and Fire. The Song of Ice and Fire is a nod to "Game of Thrones"Olivia Cooke as Alicent Hightower and Emma D'Arcy as Rhaenyra Targaryen in "House of the Dragon." So it's entirely possible that future projects might also build more history into Aegon's prophecy in the "Game of Thrones" timeline.

Persons: —, Emma D'Arcy, Alicent Hightower, Olivia Cooke, Alicent, Baelor, Viserys, Paddy Considine, Tom Glynn, Carney, Rhaenyra, Theo Whitman, King, Westeros, it's, Jon Snow, Kit Harington, Emilia Clarke Organizations: Service, Business, Aegon, HBO, King Aegon, White Walkers, White

☆ Trying to convince voters that Biden's debate performance was a one-off will backfire, experts say
▼ + stars: | 2024-07-01 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewPresident Joe Biden's aides have defended his debate performance, treating it as an unimportant one-off in a long campaign. According to The New York Times, the president's aides are trying to cast Biden's performance — branded by many as a disaster — as insignificant in the long run. Related storiesIronically, Biden's aides also appeared to blame the president's age when discussing his debate performance with Axios. "But I know what I do know — I know how to tell the truth ... "By framing Biden's performance as a 'blip,' campaign surrogates are trying to reset expectations.

Persons: —, Joe Biden's, Jen O'Malley Dillon, Biden's, Quentin Fulks, Biden, Trump, Thomas, It's, doesn't Biden, Katherine Tangalakis, Erin Snodgrass, Andrew Payne, Donald Trump, Payne, isn't Organizations: Service, The New York Times, Business, University College London, Interact, White, Q Locations: McDonald's, United States, Raleigh

☆ A new era of smartphone wars is about to begin
▼ + stars: | 2024-06-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Competition may have died down but the original smartphone wars were so intense for Steve Jobs he once declared that he'd start a "thermonuclear war." Smartphone wars in the AI eraThe smartphone market has been lagging. The company will be banking on Apple Intelligence being a hit with consumers, potentially revitalizing sales in markets like China. Samsung Galaxy S24 lineup. SamsungThe South Korean tech giant must be hoping to regain its crown as king of the smartphone market.

Persons: —, Steve Jobs, Jobs, Walter Isaacson, Justin Sullivan, Assurant, Tim Cook, Siri, Apple, OpenAI, iPhones, Wang Gang, it's Organizations: Service, Apple, Samsung, Business, Android, Google, Samsung Galaxy, Samsung's, Apple Intelligence, Worldwide, Huawei, Project Astra, Galaxy, South, IDC Locations: China, Paris

☆ Here's what will happen to Rhaenyra Targaryen on 'House of the Dragon,' if it follows her fate in the book
▼ + stars: | 2024-06-30 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read previewWarning: Major spoilers for the book "Fire and Blood," the first two episodes of "House of the Dragon" season two, and potential spoilers for future episodes of the show. Rhaenyra Targaryen seems like the better choice to rule Westeros in "House of the Dragon" season two to most viewers, but her story may be going down a dark path if the series strictly follows its source material. Here's how Rhaenyra Targaryen dies in "Fire and Blood." Rhaenyra then angers the people by raising taxes and executing people she thought helped Aegon II escape the capital. AdvertisementSealing his victory, Aegon II feeds Rhaenyra to his dragon Sunfyre in front of her last remaining child, Aegon III.

Persons: —, Rhaenyra Targaryen, Emma D'Arcy, Hightower, Tom Glynn, Carney, Rhaenyra, Joffrey Lannister, Margaery Tyrell, Targaryen, Joffrey, What's, George R, Ollie Upton, Helaena Targaryen, Joffrey Valeryon, Dragonstone Organizations: Service, Business, Aegon, HBO, Aegon II, Aegon III Locations: King's, Dragonstone

☆ A prominent think tank says China could take control of Taiwan without even launching an invasion — here's how
▼ + stars: | 2024-06-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

Read previewChina could take control of Taiwan without ever having to invade, a prominent think tank has said. China has already begun carrying out certain elements of such a campaign, launching increasing military exercises around the island. AdvertisementHowever, a "law enforcement-led gray zone operation" would complicate any third-party intervention, per the CSIS report. Tensions between China and Taiwan are increasing by the dayRelations between Taiwan and China remain on a knife edge. Chinese military exercises off Taiwan.

Persons: —, stoking, RHSKKjXtOu, pzmpXbWd0k —, Sidharth, Feng Hao, Joe Biden, Dong Jun, Xi Jinping, Gui, Tom Shugart Organizations: Service, Washington DC, for Strategic, International Studies, Business, pzmpXbWd0k — CSIS, China Coast Guard, Maritime, Administration, American Enterprise Institute, Institute for, Royal United Services Institute, CNN, PLA, China Military, Anadolu, Getty, Taiwan Relations, CSIS, Chinese Defense, US Navy, Center, New, New American Security Locations: China, Taiwan, Taiwan Strait, Singapore, Beijing, Gui Xinhua, New American

☆ Meet NATO's next chief, the 'Trump whisperer' and fierce critic of Vladimir Putin
▼ + stars: | 2024-06-30 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNATO has selected outgoing Dutch Prime Minister Mark Rutte as its next Secretary-General. Rutte, a fierce critic of Russian President Vladimir Putin, will take over from Jens Stoltenberg on October 1, ending the latter's decadelong run at the helm of the alliance. Ukrainian president Volodymyr Zelenskyy and Dutch Prime Minister Mark Rutte.

Persons: —, Mark Rutte, Rutte, Vladimir Putin, Jens Stoltenberg, Philippe Dickinson, Dickinson, Trump, Rachel Rizzo, he's, Volodymyr Zelenskyy, Michael O'Hanlon, Putin Organizations: Service, Dutch, Business, Transatlantic Security, Strategy, Security, Alliance, Trump, NATO, Atlantic Council's, Getty, Brookings Institution, Malaysia Airlines Flight Locations: Netherlands, Ukraine, Gaza, Russia, China, Dutch

☆ UBS executives break down how markets will react to a Biden or Trump presidency — and the 3 best investment strategies to hedge election risk
▼ + stars: | 2024-06-30 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

UBS executives covering fixed income and equity strategies outlined in a recent note four different scenarios come November: a blue sweep, a Biden presidency with a split Congress, a red sweep, and a Trump presidency with a split Congress. The two overwhelmingly likely outcomes would be a Biden presidency with a divided Congress (40%) and a Trump presidency with a Republican Congress (45%), per UBS. A Biden victory with a divided CongressA Biden presidency will likely usher in increased tax rates and regulatory oversight, UBS said. A Trump presidency combined with a Republican Congress would mean an extension of the current lower marginal tax rates, the bank said. While antitrust regulation will likely ease under Trump, he's hardly a Big Tech supporter: Trump sued Facebook, Google, and Twitter (now X) in 2021.

Persons: —, Biden, David Lefkowtiz, Trump's, Tom McLoughlin, UBS's, Lefkowitz, he's, Trump, Leslie Falconio, Goldman Sachs Organizations: Service, UBS, Biden, Trump, Republican Congress, Business, Nvidia, OpenAI, Big Tech, Republican, Republicans, Democrats, Facebook, Google, Twitter, World Gold, Trust

☆ A new study suggests a culprit in bird flu's rapid spread through US cattle, and how to stop it
▼ + stars: | 2024-06-29 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Read previewContaminated milk may be spreading H5N1 bird flu between dairy cattle, contributing to a major outbreak across 12 US states. A new study shows the virus can survive for over an hour in raw (unpasteurized) milk left on the surfaces of materials used in equipment for milking dairy cattle. That's a clue in the mystery of how the virus has spread so rapidly between US dairy cattle, infecting over 130 herds in Idaho, Michigan, Colorado, Texas, and more. The cattle outbreak has scientists increasingly worried that the H5N1 virus could mutate enough to cause an outbreak in humans. However, the study suggests that cleaning milking equipment between cows and outfitting workers with protective gear could help prevent the spread.

Persons: —, Cynthia Goldsmith, Jackie Katz, Christopher Dye, Tony Kanaan, Jeff Haynes, Tom Vilsack, Meghan Davis, Davis, Robert F Organizations: Service, Business, CDC, AP, University of Oxford, FDA, Indianapolis, Indianapolis Motor, Reuters, Johns Hopkins Bloomberg School of Public Health, Workers Locations: Idaho , Michigan, Colorado , Texas, Brazil, Clinton , Maine, milkings

☆ EV sales have hit a speed bump. Using AI to improve their batteries could get more people back in the driving seat.
▼ + stars: | 2024-06-29 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Chemix is using machine-learning algorithms to develop EV batteries that can charge more quickly, hold more energy, and last longer than current EV power units. Koeller said the primary advantage of using AI to design EV batteries is that it dramatically speeds up the process. Better EV batteriesDesigning EV batteries is a three-step process, Georgia Tech assistant professor Micah Ziegler told BI. The solid-state electrolyte they discovered relies less on lithium, an increasingly rare resource that forms the core of today's EV batteries. Mueller said that PNNL's collaboration with Microsoft has convinced him that generative AI could have applications far beyond speeding up EV battery design.

Persons: —, Jason Koeller, Koeller, Micah Ziegler, Ziegler, Karl Mueller, Mueller, it's Organizations: Service, Business, EV, Georgia Tech, BI, Pacific Northwest National Laboratory, Microsoft Locations: California

Search resuls for: "Tom o"

25 mentions found