Mark King, president of Adidas North American, tells CNNMoney’s Ahiza Garcia the company’s plans to take on Nike and Under Armour.
Month: January 2023
OpenAI researchers collaborated with Georgetown University’s Center for Security and Emerging Technology and the Stanford Internet Observatory to investigate how large language models might be misused for disinformation purposes. The collaboration included an October 2021 workshop bringing together 30 disinformation researchers, machine learning experts, and policy analysts, and culminated in a co-authored report building on
Stefani Reynolds | Afp | Getty Images The U.S. Department of Education proposed regulations Tuesday that would reduce the monthly bills for certain federal student loan borrowers. Under the proposal, the administration of President Joe Biden would overhaul one of the existing income-driven repayment plans, known as Revised Pay As You Earn or REPAYE, which
South Korea on Tuesday hit back at claims that its Covid rules for Chinese travelers are “discriminatory,” saying more than half of its imported cases are coming from China. In a response to CNBC, Seung-ho Choi, a deputy director at the Korea Disease Control and Prevention Agency said that up to 80% of “imported confirmed
Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. related investing news Jeffrey Gundlach says he ‘tremendously’ favors non-U.S. stocks, calls bond market ‘exciting’ Yun Li 9 hours ago The S&P 500 will gain almost nothing
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Disney World celebrated its 50th anniversary in April 2022. Aaronp/bauer-griffin | Gc Images | Getty Images Disney is making some changes at its theme parks this year, prompted by feedback from guests who have complained about rising prices and longer wait times. In a letter
As generative language models improve, they open up new possibilities in fields as diverse as healthcare, law, education and science. But, as with any new technology, it is worth considering how they can be misused. Against the backdrop of recurring online influence operations—covert or deceptive efforts to influence the opinions of a target audience—the paper asks:
Ascent/ Pks Media Inc. | Photodisc | Getty Images Current Social Security beneficiaries are poised to receive an 8.7% boost to their benefits for 2023 starting this month, thanks to the highest cost-of-living adjustment in 40 years. If you’re at or near Social Security’s retirement benefit eligibility age of 62, you may wonder if you
New U.S. Speaker of the House Kevin McCarthy, R-Calif., speaks with reporters in Washington, Jan. 7, 2023. Jon Cherry | Reuters House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year. Passing along party lines, the
In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022. Ed Jones | Afp | Getty Images It wasn’t just Tom Brady and Gisele Bündchen. The roster of high-profile investors who lost money betting on crypto exchange
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath & Beyond has begun its latest round of layoffs, as it fights to stay in business,
For over 40 years, Jonathan Goldsmith worked as a journeyman actor with hundreds of IMDB credits to his name. In 2006, he booked the role of a lifetime: the spokesperson for a Dos Equis beer campaign that soon made him known to millions as “The Most Interesting Man In The World.” Goldsmith lived and worked
FT political correspondent Laura Hughes looks at the impact of Boris Johnson’s Brexit election gamble in Northern Ireland, and its place in the region’s turbulent political history. The Democratic Unionist party is under pressure in the face of anti-Brexit nationalists including Sinn Féin ► Check out our Community tab for more stories on the economy.
Some people are ditching their smartphones in favor of simpler handsets. Self-styled “dumbphone” users actually use their phones, well — as a phone. CNNMoney’s Nina dos Santos looks at this new trend of people switching off from an increasingly connected world.
The IRS building in Washington. Kent Nishimura | Los Angeles Times | Getty Images The IRS has issued tax refunds to 12 million people eligible for a tax break on unemployment benefits received in 2020, when the pandemic caused joblessness on a scale unseen since the Great Depression. The refund payments — which totaled $14.8
In this article 4922.T-JP 4911.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Travel restrictions launched in the wake of China’s border reopening may be affecting where people there are booking trips. But it’s not out of spite, said several Chinese travelers who spoke to CNBC. It’s because some countries aren’t letting them in, they said. ‘I
In this article PGJ .HSI Follow your favorite stocksCREATE FREE ACCOUNT The Chinese and Hong Kong flags flutter outside the Exchange Square complex in Hong Kong on Feb. 16, 2021. Zhang Wei | China News Service via Getty Images Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese stocks
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Disney CEO Bob Iger told hybrid employees on Monday they must return to corporate offices four days
Skynesher | E+ | Getty Images New year, new you? Probably not. One of the revelations that will likely come in 2023 is that you’re largely the same person as last year. You don’t suddenly love running or taking vitamins. But sometimes it’s good when things don’t change, and the fact that many of the
Residents drop off Covid-19 PCR tests at a testing site run by the Centers for Disease Control, Federal Emergency Management Agency and eTrueNorth in Washington, D.C., on Jan. 5, 2022. Eric Lee | Bloomberg | Getty Images When Christopher Perry got sick in July 2021, he thought he just had a bad cold. But after
Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen any slowdown or downturn,” Muller-Otvos told CNBC. “We haven’t seen any negative impact.” Rolls-Royce delivered 6,021 cars last year, up 8% over 2021 and the first time
In this article DCT ZG AMD TSLA Follow your favorite stocksCREATE FREE ACCOUNT Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images When Bed Bath & Beyond leaders speak to investors Tuesday morning, they won’t simply report sales and earnings results. They will have to address a stark
Spartanburg, South Carolina is home to a BMW plant that makes 1,400 vehicles a day. Over 500 robots and 450 employees work together to produce one SUV. Here’s an inside look at how the X3, X5, and X6 models are made. Business Insider tells you all you need to know about business, finance, tech, science,
The FT’s Daniel Garrahan and food critic Tim Hayward visit Silo, a ‘zero waste’ restaurant in Hackney, which rejects the bin, makes ice cream from waste bread, turns seaweed into pendant lighting and ‘upcycles’ used wine bottles #food #zerowaste #upcycle #restaurants #business #sustainablilty #sustainablefood #supplychain #companies #eating #dining #foodvideo #foodie See if you get the
After nearly a decade of economic crisis Madrid is growing again and you can feel the optimism. Spain’s capital teems with trendy bars and boutique shops. Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business,
Luis Fonsi explains how his song ‘Despacito’ became the first Spanish-language hit to top the charts since the Macarena.
Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy. The central bank official said he still sees interest rates rising, up past 5% for the Fed’s benchmark funds rate, where he sees it staying for
In this article WWE Follow your favorite stocksCREATE FREE ACCOUNT World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of
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