AI experts leave big tech companies to work on bustling new startups

Mostafa Soliman, co-founder of DeepMind, who recently left VP of AI Product Management and his role in AI policy at Google, also co-founded machine learning startup Inflection AI. Solomon has already employed many of his former colleagues. Bloomberg | Getty Images AI educators are resigning from top jobs at companies like The GoogleAnd the deadand … Read more

Golf trips to Britain’s top courses have been sold out this year and next

Travelers planning a golf vacation to prestigious courses in the UK may need to act quickly. Some of the UK’s best selling places not just this year, but places – or playtimes – in 2023, due in part to the growing confidence in international travel among wealthy Americans. Travelers are drawn to the chance to … Read more

Stocks drop sharply, Dow drops more than 600 points ahead of pivotal inflation data

Stocks fell sharply on Thursday ahead of the release of a key inflation report as investors are concerned about the state of the US economy. The Dow Jones Industrial Average fell 638.11 points, or 1.94%, to close at 32,272.79 points. The S&P 500 fell 2.38% to settle at 4017.82, and the Nasdaq Composite fell 2.75% … Read more

The more gasoline above $5, the greater the risk of a recession

Gasoline is approaching the $5 a gallon average across the United States, but while consumers are feeling the pain, prices haven’t yet reached the level that would push the economy into recession, economists said. Where this breaking point price lies is unclear. Some suggest that it may not be gasoline alone that would send the … Read more

An official says climate change will force some communities in the UK to relocate

Homes on the east coast of England, photographed in 2020. On Tuesday, the chief executive of the UK’s Environment Agency said climate change means some coastal communities will have to relocate. Owen Humphreys | PA photos | Getty Images The UK’s Environment Agency chief executive has issued a stark warning to coastal communities, acknowledging that … Read more

Here’s how dependent Apple’s supply chain is on Shanghai

Apple opened its 54th flagship store in Greater China in Wuhan in May. The iPhone maker warned in late April that supply chain disruptions due to China’s Covid controls were likely to hurt sales in the current quarter by $4 billion to $8 billion. soba pictures | Light Rocket | Getty Images Beijing – An … Read more

These charts show the state of the supply chain as China eases Covid lockdowns

zoom iconArrows pointing outward CNBC’s supply chain heat map of China, namely Gradual easing of Covid lockdownsIn recent days, several hotspots that have slowed the flow of trade appear. China’s “zero COVID” measures on trucking and urban transport restrictions continue to slow manufacturing and logistics. The decline in finished manufactured goods is reflected in the … Read more

Excluded from Indo-Pacific deal, China pushes for RCEP

US President Joe Biden, Indian Prime Minister Narendra Modi, and Japanese Prime Minister Fumio Kishida attend the launch ceremony of the Indo-Pacific Economic Framework for Prosperity (IPEF) at the Izumi Garden Fair in Tokyo, Japan, May 23, 2022. Jonathan Ernst | Reuters Amid the uproar of US President Joe Biden New Indo-Pacific StrategyChina flew under … Read more