Summary: Antony Kontellis shares his journey of LGBTQ+ inclusion and diversity at Coca-Cola, highlighting the importance of acceptance and unity. Coca-Cola's initiatives aim to create a workplace where everyone is valued for who they are, promoting collaboration and a culture of belonging.
Full articleSummary: FedEx, United Parcel Service, and the U.S. Postal Service are taking measures to prevent traffickers from using their services to transport the powerful painkiller fentanyl from China, following an order from U.S. President Donald Trump. The order also includes a directive for Amazon.com to refuse such deliveries. Shares of FedEx, UPS, and Amazon dropped at least 3% after Trump's announcement.
Full articleSummary: President Donald Trump ordered delivery firms to refuse packages of the powerful painkiller fentanyl from China, resulting in a decline in shares of FedEx, UPS, and Amazon due to the U.S.-China trade war tensions.
Full articleSummary: ExxonMobil showcased various sustainable packaging solutions and emphasized the role of Exxtend chemical recycling technology during Chinaplas event in Shanghai. The company is also investing in increasing virgin polymer production capacity to meet the performance requirements in recycled resin usage.
Full articleSummary: CVS Health stock is considered a better pick than UnitedHealth Group stock due to its attractive valuation, despite UnitedHealth's better revenue growth and profitability. CVS may outperform UNH in the next three years based on historical revenue growth, returns, and valuation.
Full articleSummary: Stocks were subdued to start the week as Wall Street looks to keep its winning ways going. Last week witnessed strong performance from Dow Jones, S&P 500, and Nasdaq. Inflation data will take center stage this week, with CPI and wholesale inflation numbers set to be released. Apple shares surged over 1.5% following news of a potential partnership with OpenAI. Honeywell International shares also rose over 1% as the company continues to rebound from a lackluster start in 2024, with potential for further growth.
Full articleSummary: Ford Motor Co.'s Mustang GT is gaining popularity among police agencies as other automakers stop producing cars powered by big V8 engines.
Full articleSummary: Microsoft showcased how their technology is enabling manufacturers to accelerate industrial transformation with AI at Hannover Messe, unveiling new innovations such as manufacturing data solutions in Microsoft Fabric and Copilot template for factory operations on Azure AI. They published a report in collaboration with MIT Technology Review Insights on the ambitions around AI in the manufacturing industry, revealing manufacturers' excitement and significant investments planned for AI deployment over the next few years.
Full articleSummary: AMD gained x86 CPU market share against Intel in desktop and server segments in the first quarter of the year. This growth was attributed to strong shipments of Ryzen 5000 processors and 4th-Gen EPYC chips.
Full articleSummary: Neurotechnology using artificial intelligence is advancing in healthcare, with companies like Synchron, Neuralink, Meta, and Apple working on products. While these developments offer empowerment and potential in medical and consumer spheres, concerns arise about privacy and mental rights. Legislations like Colorado's expanding privacy acts highlight the growing debate around mental privacy protection.
Full articleSummary: Intel named Kevin O’Buckley head of services at its contract chip-making business, succeeding Stuart Pann, as the company strengthens its foundry segment to compete with Taiwan Semiconductor Manufacturing Co. O’Buckley brings over 25 years of industry experience to the role.
Full articleSummary: Google is working on integrating Project Starline with common videoconferencing setups like Google Meet and Zoom, with the goal of bringing the technology to the workplace by partnering with HP.
Full articleSummary: Intel has selected Bloom Energy to expand fuel cell technology at its Silicon Valley data center, making it the largest fuel cell-powered high-performance computing data center in Silicon Valley, Bloom Energy's fuel cells can be deployed as a grid parallel system enabling the data center to operate in a fully separate microgrid, Bloom Energy's solid oxide fuel cell power systems are suitable for AI and data center applications.
Full articleSummary: Eli Lilly, Select Medical Holdings Corp, and LeMaitre Vascular Inc will trade ex-dividend for their respective upcoming dividends. Eli Lilly will pay $1.30, SEM will pay $0.125, and LMAT will pay $0.16 as quarterly dividends. Dividends are expected to result in Eli Lilly opening 0.17% lower, SEM opening 0.37% lower, and LMAT opening 0.21% lower on 5/15/24.
Full articleSummary: Rory McIlroy has won the Wells Fargo Championship for the fourth time by an impressive margin of seven shots, securing his second consecutive PGA Tour title. Despite facing initial competition from Xander Schauffele, McIlroy's stunning final round performance led him to a comfortable victory.
Full articleSummary: Starbucks is relocating to a new 1,625 square feet location within Bellevue Square with a planned opening in Summer 2024. This move involves remodeling the space to include new customer areas, workroom, and new frontage. Starbucks' current location will be between Aveda and Saje Natural Wellness. The Bellevue Collection also has another Starbucks located at The Lodge with a full remodel in 2017.
Full articleSummary: 1. Shiba Inu support expanded to enable payments at major brands like Airbnb and Nike. 2. Optimistic XRP price prediction by CEO Matthew Dixon fueled by expectations from upcoming CPI report release. 3. Billionaire Mark Cuban suggests SEC should follow Japan's crypto regulations as a model for protecting investors.
Full articleSummary: Tesla is rehiring some members of its Supercharging team that were previously laid off, while also announcing plans to spend over $500M expanding the Supercharger network in 2024. The exact number of rehired workers is not immediately clear at this moment.
Full articleSummary: McDonald's is considering a $5 meal deal to attract customers looking for affordable options, possibly with Coca-Cola's financial support.
Full articleSummary: Microsoft announced the public preview launch of Places, a new app that aims to assist teams in syncing their in-office time using AI and integration with Microsoft Copilot.
Full articleSummary: The Federal Reserve's plan to cut interest rates is being hindered by persistently high housing inflation, causing delays in rate cuts. Economists and investors were expecting housing costs to drop more quickly to allow for rate cuts, but the slow decrease in housing inflation is forcing the Fed to keep rates steady.
Full articleSummary: Intel is in advanced talks with Apollo Global Management for a deal exceeding $11 billion to build a facility in Ireland as part of its expansion plans with a $100-billion spending spree across the U.S.
Full articleSummary: Intel is in negotiations with Apollo Global Management for $11 billion in funding for a manufacturing facility in Ireland, potentially handled by Apollo's High Grade Capital Solutions business. The investment would be in addition to several multibillion-dollar facilities that Intel is building worldwide despite reporting a loss of $437 million in the first quarter.
Full articleSummary: TikTok is hosted on Oracle data centers in the US for security, with Oracle implementing gateways to monitor data flow. Oracle CEO Safra Catz sees potential in generative AI despite concerns. Oracle's deal with TikTok is estimated at $1 billion but the relationship with ByteDance is described as 'untrusting and adversarial.' Catz also emphasizes the benefits of AI in healthcare and discusses workforce diversity initiatives within Oracle.
Full articleSummary: Apple is reportedly closing a deal with OpenAI to include ChatGPT on iOS 18 in an effort to innovate the iPhone and boost sales. The partnership could help Apple catch up in the AI space where it has been lagging compared to other tech companies like Google.
Full articleSummary: QatarEnergy and ExxonMobil signed a framework agreement to acquire two offshore exploration sites off Egypt's coast, expanding QatarEnergy's exploration activities in Egypt.
Full articleSummary: Intel is in advanced talks with Apollo Global Management for an $11 billion deal to build a facility in Ireland to expand its manufacturing business. The deal, expected to be signed in the coming weeks, could help Intel in catching up with chipmaking rival TSMC and boost its presence in the US with a planned $100 billion spending spree.
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