Month: July 2024
World logs hottest day since records began — with fresh highs expected in the coming months
Italy extreme weather 230724 EU Nurphoto | Nurphoto | Getty Images The world’s average temperature climbed to its highest level ever recorded on Sunday, according to the European Union’s climate monitor. The EU’s Copernicus Climate Change Service (C3S) found that the global average surface temperature rose to 17.09 degrees Celsius (62.76 degrees Fahrenheit) on July […]
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Novo Nordisk’s Wegovy weight loss drug wins UK approval for use as a heart treatment
Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty Images LONDON — The U.K.’s health regulator on Tuesday approved the use of Novo Nordisk‘s Wegovy weight loss drug to reduce the risk of overweight and obese adults suffering from serious heart problems or strokes. The new approval from […]
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Meta debuts newest Llama AI model with help from Nvidia and cloud partners
Meta on Tuesday announced the latest version of its Llama artificial intelligence model, dubbed Llama 3.1. The newest Llama technology comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date. Like previous versions of Llama, the newest model continues to be open source, which means […]
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What Google’s decision to keep cookies means for the internet
Google announced in a surprise move that it would reverse its years-long plan to phase out third-party cookies. Daniel Acker | Bloomberg | Getty Images Google on Monday announced a bold move that has some big implications for advertisers and the future of the internet. The U.S. internet giant said late Monday it is reversing […]
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Secret Service Director Kimberly Cheatle resigns over Trump shooting outrage
United States Secret Service Director Kimberly Cheatle testifies before the House Oversight and Accountability Committee during a hearing at the Rayburn House Office Building on July 22, 2024 in Washington, DC. Kent Nishimura | Getty Images U.S. Secret Service Director Kimberly Cheatle resigned Tuesday following widespread outrage over how her agency failed to prevent the […]
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June home sales slump, pointing to a buyer’s market as supply increases
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of […]
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Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said […]
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Lawmakers introduce bipartisan bill aiming to crack down on drug middlemen as scrutiny ramps up
Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies. The legislation aims to ensure community pharmacies can provide care to patients enrolled in […]
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GM slows its EV plans again even as sales grow
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand’s first EV. The six-month delay […]
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A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning
Key Points Rana Robillard, chief people officer at software startup Tekion, was tricked into sending her life savings to a criminal. What happened to Robillard, a 25-year veteran of tech companies, speaks to the increasingly sophisticated nature of cybercrime. Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to […]
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