Reported 5 months ago
General Motors' CEO Mary Barra expressed support for the company's endeavors in creating autonomous vehicles, emphasizing the importance of safety in comparison to human-driven cars. Barra highlighted the potential of AI and machine learning to improve road safety, addressing concerns such as regulatory scrutiny following accidents involving self-driving vehicles. She also discussed the competitive landscape, emphasizing the need for strong brands and the importance of innovation in the automotive industry.
Source: YAHOO
Reported 5 months ago
Supermarket group Ahold Delhaize will close underperforming Stop & Shop grocery stores in the U.S. without disclosing the number of closures. The decision comes as part of the company's evaluation to create a healthier store base for the long term, with Stop & Shop being one of the group's five brands in the U.S. operating nearly 400 stores. Ahold Delhaize, which earns over half of its revenues in the U.S., reported 54.54 billion euros in U.S. sales in 2023.
Source: YAHOO
Reported 5 months ago
The Cleveland Cavaliers fired head coach J.B. Bickerstaff after five seasons, with General Manager Koby Altman frustrated with Bickerstaff during last season and eyeing a change to secure Donovan Mitchell's contract extension. While Bickerstaff led the team through a rebuild to a more successful season, they seek a new coach to lead them to further success, possibly considering former NBA head coaches like Kenny Atkinson and James Borrego. The team's future plans depend on Mitchell's contract decision.
Source: YAHOO
Reported 5 months ago
儘管Nvidia (NASDAQ: NVDA)的上市表現超出預期，並且對第二季度提供了強勁的預測，但這家GPU風雲人物在首季財報中更加表現出色。公司還宣布了一項10對1股票分割，股價因此在消息公布後立即飆升10.8%。這表現上公司在AI領域的強大地位，其股價受到股票分割及股息調升的影響而持續攀升。
Source: YAHOO
Reported 5 months ago
連結已複製了8Sherman預測49人隊贏得13場比賽，關鍵的NFC對局中輸掉。前聖佛朗西斯科角衛Richard Sherman預測他前隊伍將在2024 NFL賽季中贏得13場比賽，並指出將在對上冠軍馬刺後主場對決的關鍵時刻輸掉。Sherman認為對陣包括綠灣包裹和底特律獅隊的比賽將是49人隊下賽季唯一可能敗北，這兩場比賽對NFC季後賽情勢可能將產生巨大影響。
Source: YAHOO
Reported 5 months ago
DAT和SONAR將在2024年6月4日至5日喬治亞州亞特蘭大的未來供應鏈大會上進行交通運輸未來趨勢的爭論，以爭奪榮耀和慷慨的慈善捐款。這兩個物流信息工具將辯論本年度國內運輸的展望，並由現場觀眾評選勝者，贏家將贏得一筆慈善捐款。未來供應鏈2024的註冊仍在進行中，參與者可參與討論、最新的FreightTech展示、市場見解、網絡、歡樂時光等活動。
Source: YAHOO
Reported 5 months ago
Source: YAHOO
Reported 5 months ago
Bethenny Frankel called out Chanel for fashion shaming in a viral Instagram post, where she shared a video of being denied entry to a boutique until she returned dressed head-to-toe in Chanel. Fans rallied behind Frankel, expressing outrage over Chanel's behavior and calling for the brand to do better. This incident follows Frankel's previous conflict with Balenciaga in 2022. Additionally, news emerged that Frankel and Paul Bernon ended their six-year on-and-off relationship due to irreconcilable differences.
Source: YAHOO
Reported 5 months ago
Stocks in the stock market today slid, with the Dow suffering its worst day in a year, as Nvidia's strong earnings failed to boost the market. The Nasdaq Composite fell about 0.4%, the S&P 500 dropped nearly 0.8%, and the Dow Jones Industrial Average dipped over 1.5%, with Boeing's shares declining 7%. Nvidia's shares rose over 9%, exceeding $1,000 for the first time, but the broader market did not follow suit. Concerns about interest rates dominated investor sentiment, with economic data showing an acceleration in business activity despite the Federal Reserve's efforts to curb price pressures.
Source: YAHOO
Reported 5 months ago
This horoscope for the week of May 26 to June 1, 2024, emphasizes the importance of solidifying plans and being open to unexpected information and inspiration. The article highlights how different zodiac signs may experience shifts in various aspects of their lives, such as finances, relationships, career, and personal growth, based on the planetary movements during this period. It suggests embracing change, seeking guidance, and staying open to new possibilities.
Source: YAHOO
Reported 5 months ago
Treasury yields surged as traders revised their expectations for Federal Reserve interest-rate cuts to the end of the year due to strong US business activity and a tight labor market. The two-year yield hit 4.955%, its highest since May 2, before slightly easing, causing the yield curve to flatten. Data showing a pickup in US business activity and a decrease in initial jobless claims contributed to the shift in market sentiment, with futures contracts now pricing in a rate cut in December rather than November, and indicating a total of 33 basis points of rate reductions for 2024.
Source: YAHOO
Reported 5 months ago
After a three-year legal battle, Katy Perry has officially won ownership of her dream Montecito mansion following a dispute with Carl Westcott over the sale of the property. The judge ruled in Perry's favor, stating that Westcott was of sound mind when he sold the home to her. Despite the victory, Perry still faces upcoming legal proceedings to determine damages for lost fair-market rental value and necessary repairs. The 10,000-square-foot Mediterranean-style property is valued at $15 million, with Perry having paid $9 million initially. The ongoing legal saga has attracted attention due to the involvement of high-profile individuals like Westcott's daughter, Kameron Westcott, and the potential damages owed.
Source: YAHOO
Reported 5 months ago
BlackRock's Rick Rieder believes the Fed's interest rate hikes to combat inflation are not working as intended, as the private sector is now acting as a creditor rather than a borrower. Rieder suggests that the Fed may need to consider rate cuts to address the last remnants of inflation, as higher rates are benefiting cash-rich consumers and businesses, potentially fueling inflation. He points to older Americans' wealth and spending habits, along with large companies profiting from lending, as factors complicating the Fed's efforts to control inflation. Despite the Fed's current stance on rates, Rieder sees an opportunity for bond market investors to capitalize on higher yields in the current market environment.
Source: YAHOO
Reported 5 months ago
During the second half of 2023, "One Piece" was the most-watched series on Netflix with 71.6 million views, followed by "Dear Child" and "Who Is Erin Carter?" Limited series were popular during this period, with nine of the top 20 titles being in that format. Other notable series included "Lupin" Part 3, "The Witcher" Season 3, and "Sex Education" Season 4. Additionally, "CoComelon" was the most-watched series overall, while "Suits" and library shows like "Breaking Bad," "Grey’s Anatomy," and "The Walking Dead" also garnered significant viewership.
Source: YAHOO
Reported 5 months ago
Former Morgan Stanley CEO James Gorman shared his vision for the U.S. banking system at the Federal Reserve Bank of New York's annual conference, suggesting a structure with mainly megabanks and tiny community banks. Gorman emphasized the importance of aligning values in acquisitions and building a culture based on competence and collaboration. He highlighted efforts to increase female representation in leadership roles and acknowledged the need for industry-wide cultural changes, such as addressing long working hours for junior employees.
Source: YAHOO
Reported 5 months ago
Norfolk Southern Railway Company has agreed to pay an additional $310 million settlement with the U.S. Environmental Protection Agency and the Department of Justice for damages caused by a 2023 train derailment in East Palestine, Ohio. The settlement, subject to court approval, includes measures to improve rail safety, health monitoring and mental health services for communities, environmental monitoring, a civil penalty, and protection of water resources. This settlement follows a previous $600 million settlement for class action and personal injury claims related to the derailment, with Norfolk Southern estimating it will spend over $1 billion to address contamination and enhance rail safety.
Source: YAHOO
Reported 5 months ago
A Louisiana Democratic political consultant, Steven Kramer, was indicted for felony voter suppression and misdemeanor impersonation charges after sending AI-generated robocalls imitating U.S. President Joe Biden to dissuade voters in New Hampshire's Democratic primary. The Federal Communications Commission proposed a $6 million fine for Kramer for using deepfake audio recordings of Biden's voice in the calls, highlighting concerns of AI-generated content influencing the November elections. Additionally, the FCC proposed a $2 million fine for Lingo Telecom for transmitting the robocalls. There are efforts in Washington to address AI threats to election integrity before the upcoming elections.
Source: YAHOO
Reported 5 months ago
The US government will provide $75 million to the South Korean company Absolics, a part of the SK Group, to establish a factory in Covington, Georgia, manufacturing glass parts for computer chips. The investment is part of the CHIPS and Science Act and aims to enhance semiconductor technology, enabling faster and more energy-efficient computers. The company plans to invest over $300 million in the first phase, hire 200 workers initially, and increase production starting in 2025. This initiative is seen as a significant opportunity for Georgia to lead in manufacturing and innovation.
Source: YAHOO
Reported 5 months ago
At age 48, gymnast Oksana Chusovitina's bid to qualify for her record ninth Olympics came to an end due to an injury during podium training at the Asian Gymnastics Championships in Uzbekistan. Chusovitina, known for competing in eight previous Olympics and holding records as the oldest gymnast and most Olympic appearances, announced the news on Instagram, expressing disappointment but gratitude for her fans. Although she did not mention retirement, this injury marks a potential conclusion to her Olympic career, which began in 1990 competing for the Soviet Union and included winning a team gold in 1992 and an individual bronze in 2008.
Source: YAHOO
Reported 5 months ago
Producer Toni Ireland of "The Traitors" expresses being overwhelmed by the success of Season 2, which featured an all-celebrity cast from shows like "Big Brother" and "Survivor." The show, described as a murder mystery, involves players trying to identify murderers among them. Ireland credits the show's appeal to tapping into the human psyche and the engaging gameplay. Alan Cumming serves as the host, and Ireland highlights his perfect fit for the show's theatrical and dramatic tone. Plans for Season 3 include exciting new outfits for Cumming and continued strategic gameplay.
Source: YAHOO
Reported 5 months ago
The US Justice Department and nearly 30 states have sued Live Nation Entertainment Inc., alleging an illegal monopoly with Ticketmaster in the live events industry. The lawsuit aims to force Live Nation to sell Ticketmaster, citing anticompetitive practices like exclusive contracts and retaliation against rivals. Live Nation controls a significant portion of concert venues and ticketing, leading to higher fees for fans. The company plans to defend against the allegations, stating that the lawsuit ignores the economics of live entertainment. The case is seen as a significant antitrust move by the Justice Department, signaling a push to break up monopolies in various industries.
Source: YAHOO
Reported 5 months ago
Scottie Scheffler remains charged with four counts of criminal conduct, including a felony, following an incident outside Valhalla Golf Club. The detective involved was disciplined for not having his body camera on during the encounter, with video footage of the arrest expected to be released soon. Scheffler's attorney has stated that there will be no settlement, and the case will either be dismissed or go to trial. The felony charge requires Scheffler's presence at an arraignment scheduled for June 3rd, coinciding with the Memorial Tournament week.
Source: YAHOO