From TradeBriefs <[email protected]>
Subject Jun 14, 2024 - Wells Fargo fired more than a dozen employees for faking keyboard activity
Date June 14, 2024 3:56 AM
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News for Decision-Makers
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-------------------------

From the Editor's Desk

The centuries-old baba recipe made with 96 egg yolks

The baba is often served at Easter in Poland, with the most
extraordinary version – the muslin baba – made from a rich dough
of flour, yeast, butter and quite a lot of egg yolks.

Depending on where it's baked, the baba or babka takes on many
different forms. In the US, it's a braided brioche-like bread that
often has chocolate, nuts or other ingredients mixed in. Europeans
might be more familiar with baba au rhum, a desert popular in France
and Italy that is soaked in liqueur and served in individual portions.

Continued here
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Work

Wells Fargo fired more than a dozen employees for faking keyboard
activity
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The bank had reportedly been investigating claims that employees were
pretending to do work

Work

Tesla shareholders just sued Elon Musk for 'brazen disloyalty'
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
A new lawsuit accuses Musk and Tesla of diverting "scarce" resources
to xAI, Musk's AI startup






















 










Work

OpenAI's revenue is skyrocketing
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
The AI startup's annualized revenue has more than tripled from the
summer of 2023

Work

A.D.H.D. Startup Executives Accused of $100 Million Fraud in Adderall
Scheme
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[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Patients using Done or similar telehealth platforms may experience
disruptions in care, health officials warned.







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American Airlines flight attendants are picketing at airports before a
potential strike
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A new union contract could get them their first raise since 2019

Work

Someone is stealing thousands of bikes from Silicon Valley and selling
them in Mexico
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
They're profiting from a massive criminal scheme, stealing and
reselling pricey bikes online















Work

Boeing is 'too big to fail,' Bank of America says
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   [[link removed]}&lead=419599&emailid=17049&nl=daily]
An analyst says Boeing's hold on half of a plane-making duopoly will
save it

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Car dealers and Big Oil are suing the Biden administration over
efforts to boost EV sales
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
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The lawsuit says the Environmental Protection Agency is mandating too
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The battle for Gen Z social shoppers
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If TikTok is banned in the US, where might its social shoppers go?

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Opinion | Janet Yellen: A New Way to Make Russia's Assets Pay for
Ukraine's Defense and Rebuilding
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   [[link removed]}&lead=419599&emailid=17049&nl=daily]
The U.S. Treasury secretary explains why America and its allies should
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war to give Ukraine the financing it needs.






















 









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Exclusive: Unigrid wants to make batteries cheaper and safer using
sodium | TechCrunch
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[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Sodium-ion isnt quite ready for widespread use, but one startup thinks
it has surmounted the battery chemistry's key hurdles.

Work

Europol smashes Balkan cartel shipping drugs from South America
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[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Eight tonnes of cocaine seized and 40 people arrested after four-year
investigation led by Spains Guardia Civil














 









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Native American tribe wins right to hunt gray whales off Washington
coast
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[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Makah people, whose right to hunt whales is noted in treaty, granted
waiver by US government to kill two or three a year

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GPTZero's founders, still in their 20s, have a profitable AI detection
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[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
GPTZero's growth and financials made it one of the AI startups
ruthlessly pursued by VCs. And Footwork's Nikhil Basu Trivedi won the
deal.






















 









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Amazon says it'll spend $230 million on generative AI startups |
TechCrunch
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Amazon has announced that it'll spend up to $230 million on AI
startups in the form of compute credits for AWS and investments.

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What is mifepristone and how is it used?
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
More than half of people who get legal abortions in the United States
and three-quarters in Europe use medication abortion.






















 









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GameStop's shareholder meeting got postponed because of technical
problems. The stock still rose 14%
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
The video game retailer's shares have been a roller-coaster ride in
recent weeks, largely due to the social media return of "Roaring
Kitty"

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A Brief History of the Phrase 'No One Is Above the Law'
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
With the recent convictions of a former president and a presidents
son, a saying is getting a moment in the spotlight, as it has many
times before.

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Elon Musk gives updates on Tesla's Optimus, self-driving after his
payday is OKed by investors
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Investors are voting on 12 ballot measures, only two of which have to
do with Musks compensation. We tracked each one

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Watch live: Tesla shareholders vote on Elon Musk's $46 billion pay
package
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
The much-anticipated meeting begins at 4:30 p.m. ET

Work

Apparently space travel makes people dumber
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
A study looked into brain function of four privateer astronauts who
spent time in space, and found that their performances dropped in
orbit

Work

Toyota Tundra trade-ins are getting rejected by dealers because of the
V6 engine recall
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[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
No dealership wants a twin-turbo V6 Toyota Tundra or Lexus LX600
because of an engine recall with no fix

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Boeing is investigating fuselage problems on its 787 Dreamliners
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The plane had previously been identified by a whistleblower as having
construction issues

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Tesla shareholders want Elon Musk to get his billions. What comes
next?
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The legal dispute over the Tesla CEO's $56 billion compensation
package is (likely) not over yet

Work

The apps tracking your driving habits and helping insurance companies
raise your rates
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
Insurers have long wanted to track individual drivers to discern their
habits, in hopes of finding reasons to raise rates

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Apple will force the AI industry to better protect user privacy,
expert says
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Apple Intelligence puts data privacy at the forefront of its branding

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Sony bought Alamo Drafthouse. Is it bringing back the old Hollywood
studio system?
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
For decades, the Department of Justice blocked film studios from
owning their own movie theaters. Not anymore

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Could Apple's ChatGPT partnership expose it to legal risks?
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
ChatGPT-maker OpenAI is being sued by numerous news outlets and
authors over alleged copyright infringements

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Elon Musk says Tesla shareholders are voting to back his $46 billion
pay package
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
Investors are deciding Thursday whether to give Musk the biggest
executive compensation plan in U.S. history

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Where did Cool Ranch Doritos come from?
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[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Former Yum Brands CEO David Novak created the Frito Lay flavor on a
grocery trip in 1984, but not all of his ideas have landed

Work

Boeing oversight was 'too hands-off' before the 737 Max crisis, FAA
chief says
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Changes to the way the agency watches the company will be "permanent"

Work

California's minimum wage hike has pushed fast food prices up and kept
consumers away
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   [[link removed]}&lead=419599&emailid=17049&nl=daily]
McDonald's, Burger King, and Wendy's have been hit the hardest

Work

Broadcom stock soars 13% to new high on record AI revenue
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The networking chipmaker also reported better-than-expected quarterly
results and announced a stock split

Work

The Ozempic craze is coming for dogs and cats next
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The FDA first approved weight loss drugs for dogs in 2007, but they
were pulled from the market due to a lack of interest

Work

Disney and Ron DeSantis made up -- and it only cost $17 billion
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
The DeSantis-appointed Florida tourism board approved a deal with
Disney, seemingly ending their years-long feud

Work

Taylor Swift fans can't miss the show so of course Qantas flew a
massive Airbus domestically just for them
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Swift's concert in Sydney required some additional support from the
Australian airline as rough weather hit the city and canceled flights

Work

Apple isn't even paying OpenAI to put ChatGPT on iPhones, report says
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Apple and OpenAI unveiled a partnership to put ChatGPT 4-o into the
iPhone, iPad, and Mac operating systems

Work

JPMorgan is getting in on the Ozempic craze with a $500 million
biotech fund
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
Wall Street analysts project that the global market for GLP-1s, the
class of weight loss drugs to which Ozempic belongs, will reach $105
billion by 2030

Work

Joe Biden may accept crypto campaign donations through Coinbase,
following Donald Trump
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
The Biden campaign is considering accepting contributions in the form
of cryptocurrency

Work

Tesla investors are voting on Elon Musk's pay today. Here's what Wall
Street is saying
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
Shareholders could determine the future of Tesla as a company and
Musk's place in it

Work

Tesla investors will vote today on Elon Musk's $46 billion payday.
Here's what to know
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
The meeting will open up Tesla to a number of operational changes and,
most importantly, serve as somewhat of a referendum of Musk

Work

Wells Fargo fires workers over fake keyboard activity
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
Wells Fargo has fired a number of workers, after reviewing claims of
fake keyboard activity.

Work

JLR invests [[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
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It comes after the companys boss denied reportsthat the Range Rover
was "Britain's most stolen vehicle".

Work

Housing demand wanes as buyers bank on interest rate cut
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[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Housebuilder Crest Nicholson warns on profits as the market softens
while surveyors see confidence dip.

Work

Wizz Air ranked worst airline for delays for third year
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[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
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The low-cost carrier says it has made "significant improvements" but
admits there is "work to be done".

Work

Housing and rent [[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Ahead of the upcoming general election, many voters are calling for
housing and rental reforms.

Work

National Insurance calculator: What are NI and income tax and what do
I pay? [[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
[[link removed]}&lead=419599&emailid=17049&nl=daily]
Two National Insurance cuts came info effect in 2024, but many people
are still paying more in tax.

Work

Tesla Shareholders Approve Big Stock Package for Musk
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The vote was seen as a referendum on his management of the electric
car maker and on the limits of executive pay.

Work

Fake News Still Has a Home on Facebook
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Christopher Blair, a renowned liberal troll who posts falsehoods to
Facebook, is having a banner year despite crackdowns by Facebook and
growing competition from A.I.

Work

Supreme Court, in Starbucks Ruling, Curbs Labor Regulator's Authority
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
In a blow to the National Labor Relations Board, the justices made it
more difficult to order employers to reinstate fired workers.

Work

Former Bank Bailout Watchdog Is Choice to Lead F.D.I.C.
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[[link removed]}&lead=419599&emailid=17049&nl=daily]
Christy Goldsmith Romero has been nominated to be the next chair of
the bank regulator that has been shaken by a toxic workplace culture.

Work

Musk's Friends and Fans Applaud Shareholder Vote on His Payday
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
On the social media platform X, which Mr. Musk owns, reactions to a
vote that reaffirmed Mr. Musks $45 billion package were buoyant.

Work

Tyson Foods Suspends Executive After Second Alcohol-Related Arrest
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
[[link removed]}&lead=419599&emailid=17049&nl=daily&hashtags=tradebriefs&via=TradeBriefs]  
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John Randal Tyson, a fourth-generation member of the Tyson family
business, was charged with driving while intoxicated, the company
said, two years after he was found asleep in a strangers house.

Work

Patrick Gottsch, Champion of Rural TV Programming, Dies at 70
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
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After a career as a satellite dish installer, he found success with
RFD-TV, a 24-hour cable channel aimed at farmers and ranchers.

Work

Pay $1 to Hear Wu-Tang Clan's Secret Album (Eventually)
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
   [[link removed]}&lead=419599&emailid=17049&nl=daily]
An online art collective that spent $4 million on Once Upon a Time in
Shaolin is telling fans their purchases will accelerate the
one-of-a-kind albums 2103 release date.

Work

Kendall Toole, a Popular Peloton Instructor, Announces Her Departure
[[link removed]}&lead=419599&emailid=17049&nl=daily]  
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Ms. Toole shared the news in an Instagram reel on Thursday morning,
adding that she was grateful for her time at Peloton, the
connected-fitness company.

Work

Warren Winiarski, Whose Fledgling Cabernet Bested the French, Dies at
95
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His $6 bottle of Napa Valley cabernet won a historic tasting in Paris
in 1976, astonishing connoisseurs and putting his Stags Leap winery on
the map.

Work

The Aftermath of a U.K. Cyberattack: Blood Shortages and Delayed
Operations
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Several London hospitals, still reeling from a cyberattack last week,
have made an urgent plea to medical students to help stem the
disruption.

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Black Disney Princess Ride Replaces Splash Mountain and Its Racist
History
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The ride was closed last year because of its connection to a racist
film. Disney overhauled it to focus on Tiana, Disneys first Black
princess, drawing praise and backlash.

Work

Clearview AI Used Your Face. Now You May Get a Stake in the Company.
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The facial recognition start-up doesnt have the funds to settle a
class-action lawsuit, so lawyers are proposing equity for those whose
faces were scraped from the internet.

Work

At X Staff Meetings, Executives Talk Up Return of Advertisers
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Still, Elon Musk, who owns the platform, and his chief executive Linda
Yaccarino, have work to do to grow the business, leaders told
employees.

Work

Now You Can Read the Classics With A.I.-Powered Expert Guides
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Margaret Atwood and John Banville are among the authors who have sold
their voices and commentary to an app that aims to bring canonical
texts to life with the latest tech.

Work

Mars Got Cooked by a Recent Solar Storm
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Days after light shows filled Earths skies with wonder, the red planet
was hit by another powerful outburst of the sun.

Work

Every Elephant Has Its Own Name, Study Suggests
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An analysis of elephant calls using an artificial intelligence tool
suggests that the animals may use and respond to individualized
rumbles.

Work

Guns Often Stored Unsafely in U.S. Homes, C.D.C. Survey Suggests
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Loaded guns often are not locked, even in homes where there are
children, federal researchers reported.

Work

Wreckage of Shackleton's Last Ship Is Found Off Coast of Canada
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Ernest Shackleton was sailing for Antarctica on the ship, called the
Quest, when he died in 1922. Researchers exulted over the discovery of
its wreckage, 62 years after it sank in the Labrador Sea.

Work

Missing a Global Climate Target Could Spell Disaster for These Polar
Bears
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One group in Hudson Bay might have roughly a decade left because sea
ice is becoming too thin to support them as they hunt, according to
new research.

Work

Elon Musk claims Optimus robots could make Tesla a $25 trillion
company more than half the value of the S&P 500 today
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At Tesla's annual shareholder meeting on Thursday, CEO Elon Musk said
the company's jump into humanoid robots could lift its market cap by
almost 50-fold.

Work

Bezos' Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion
Pentagon rocket program
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The Pentagon announced the first winning bidders in its rocket launch
program sweepstakes on Thursday.

Work

Yellen: More Ukraine aid can be backed by frozen Russian assets after
initial $50 billion loan
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President Biden reached a deal with G7 leaders in Italy to provide a
$50 billion Ukraine loan backed by frozen Russian assets.

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