Author: prosperplanetpulse.com
In Washington, what’s not said often speaks louder than what is said, which is why a letter from House Minority Leader Hakeem Jeffries (D-N.Y.) to his colleagues on Friday morning and made public reads as a flashing warning signal to President Biden.In his letter, Jeffries said he spoke with the president on Thursday night.”In my conversation with President Biden, I directly conveyed the extensive insights, heartfelt views and conclusions about the way forward that our caucus shared in our recent meetings,” Jeffries wrote.No, it wasn’t a clear call for Biden to step down, and it’s unclear at this point whether…
Lemmon, Illinois, July 12, 2024–(BUSINESS WIRE)–The U.S. Department of Energy (DOE) Argonne National Laboratory’s Laboratory Embedded Entrepreneurship Program (LEEP), Chain Reaction Innovations (CRI), is welcoming five new innovators to the award-winning program’s eighth class.The five will begin the two-year program this July. Each innovator will be full-time at Argonne and collaborate with a host scientist at the lab. The innovators will launch startup companies that reduce greenhouse gas emissions and increase U.S. competitiveness in emerging technologies. These technologies could support an equitable American clean energy economy and help the U.S. achieve its goal of net-zero carbon emissions by 2050.CRI’s impact…
President Joe Biden on Thursday sought to convince his critics and supporters alike that he can hold on to four more years in office. Here are some points to note: A Rorschach test for neurotic Democrats Biden’s performance is unlikely to change many people’s minds: Democrats calling for him to step down can point to his notable gaffe at the start of the press conference, while his supporters will point to the times he expertly answered a range of questions about foreign policy. Biden mistakenly referred to Vice President Kamala Harris as former President Donald Trump, exactly the kind of…
Interval funds’ total net assets will reach $86.4 billion by the first half of 2024, up 10.9% from the end of the first quarter, according to the latest data from Robert A. Stanger & Co. The data is roughly in line with Morningstar’s recent overview of the sector, which said there were 100 funds with $80.7 billion in assets under management as of the end of May, with most of that total coming from RIAs. (Interval funds are a type of closed-end mutual fund that are periodically liquid and allow for redemptions of up to 5% typically quarterly; they were…
Need business advice? No one is replying to your cold emails? Then our app can help.Thanks to the startup Intro, aspiring entrepreneurs can book a 30-minute session with a venture capitalist from Andreessen Horowitz for $2,500, or a 90-minute session with a hypnosis coach “focused on quickly breaking through underlying trauma” for $1,250, or ask an interior designer for advice on how to redecorate a room for $900 for 15 minutes. Silicon Valley has long operated on a pay-for-service mentality: people introduce their friends and acquaintances to others in their networks who might have advice to offer. Intro monetizes these…
I just finished an earnings media conference call with JPMorgan (JPM) CFO Jeremy Burnham (thanks to Yahoo Finance banking reporter David Hollerith for answering my question before mine did).Our exchange is as follows:myself: Cautious results from a range of consumer companies, including PepsiCo (PEP), have raised consumer concerns this week. Looking at the debit and credit data, is there anything that suggests consumers are holding back on purchases, such as inflation or election concerns?Burnham: The short answer is no. I’ve made this point many times before and I’ll say it again. The big picture is that real consumer spending is…
In the race to stay ahead in artificial intelligence, big tech companies are gobbling up the talent and products of innovative AI startups without formally acquiring them.Now three U.S. senators are calling for an investigation.San Francisco-based Adept sent its CEO and key employees to Amazon late last month to announce a deal to license Adept’s AI systems and datasets to the e-commerce giant.Some call it a “reverse buyout hire.” Others call it poaching. Whatever you call it, some in Washington are wary of it as an attempt to circumvent antitrust laws.”I’m very concerned about the massive consolidation that’s happening in…
In the race to stay ahead in artificial intelligence, big tech companies are gobbling up the talent and products of innovative AI startups without formally acquiring them.Now three U.S. senators are calling for an investigation. San Francisco-based Adept sent its CEO and key employees to Amazon late last month to announce a deal to license Adept’s AI systems and datasets to the e-commerce giant.Some call it a “reverse buyout hire.” Others call it poaching. Whatever you call it, some in Washington are wary of it as an attempt to circumvent antitrust laws. “I’m very concerned about the massive consolidation that’s…
Madhumita Murgia is an award-winning Indian-British journalist and commentator who writes about the impact of technology and science on society. Financial Times Based in London, David leads global coverage of artificial intelligence and other emerging technologies. For the past decade he has travelled the globe writing about the people, startups and companies shaping cutting-edge technology for the following publications: Wired, The Washington Post, Newsweekand TelegraphMurja co-hosts the podcast series Tech Tonic. Below, Madhumita shares five key insights from her new book. Code Addiction: Living in the Shadow of AIListen to the audio version recited by Madhumita herself on the Next…
WASHINGTON — As a growing number of Democrats call for President Joe Biden to drop out of the 2024 presidential race, members of the Congressional Black Caucus, a key allied group in Congress, while largely supportive of the president, worry that the continued pressure could be fatal to his campaign and damage the party as a whole.In interviews with NBC News on Thursday, five members of the caucus said that despite small rifts, most lawmakers remain loyal to Biden. But they still want changes in strategy and staffing to position Democrats to win the November election, and have expressed their…