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Bank of England will review the risks that AI poses to UK financial stability

Published Tue, 05 Nov 2024 03:48:30 GMT

LONDON (AP) — The Bank of England, which oversees financial stability in the U.K., said Wednesday that it will make an assessment next year about the risks posed by artificial intelligence and machine learning.In its half-yearly Financial Stability Review, the bank said it was getting advice about the potential implications stemming from the adoption of AI and machine learning in the financial services sector, which accounts for around 8% of the British economy and has deep-rooted global connections.The bank’s Financial Policy Committee, which identifies and monitors risks, said it and other authorities would seek to ensure that the U.K. financial system is resilient to risks that may arise from widespread use of AI and machine learning.“We obviously have to go into AI with our eyes open,” bank Gov. Andrew Bailey said at a press briefing. “It is something that I think we have to embrace, it is very important and has potentially profound implications for economic growth, ...

A pregnant Texas woman is asking a court to let her have an abortion under exceptions to state’s ban

Published Tue, 05 Nov 2024 03:48:30 GMT

AUSTIN, Texas (AP) — A pregnant Texas woman whose fetus has a fatal diagnosis asked a court Tuesday to let her have an abortion, bringing what her attorneys say is the first lawsuit of its kind in the U.S. since Roe v. Wade was overturned last year. Texas is one of 13 states that ban abortion at nearly all stages of pregnancy. Although Texas allows exceptions, doctors and women have argued in court this year that the state’s law is so restrictive and vaguely worded that physicians are fearful of providing abortions lest they face potential criminal charges. Kate Cox, 31, is 20 weeks pregnant and has been told by doctors that her baby is likely to be stillborn or live for a week at most, according to the lawsuit filed in Austin. The suit says doctors told her their “hands are tied” under Texas’ abortion ban. “Kate Cox needs an abortion, and she needs it now,” the lawsuit reads.Spokespersons for the Texas attorney general’s office, which has defended the ban in court...

Campbell: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 03:48:30 GMT

CAMDEN, N.J. (AP) — CAMDEN, N.J. (AP) — Campbell Soup Co. (CPB) on Wednesday reported fiscal first-quarter profit of $234 million.The Camden, New Jersey-based company said it had profit of 78 cents per share. Earnings, adjusted for non-recurring costs, came to 91 cents per share.The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.The maker of canned soup, Pepperidge Farm cookies and V8 juice posted revenue of $2.52 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.51 billion.Campbell expects full-year earnings in the range of $3.09 to $3.15 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPB at https://www.zacks.com/ap/CPBSource

Injured Newcastle goalkeeper Pope set to miss around 4 months. Howe plays down De Gea links

Published Tue, 05 Nov 2024 03:48:30 GMT

NEWCASTLE, England (AP) — Newcastle goalkeeper Nick Pope will be out for “around four months” after dislocating his left shoulder, manager Eddie Howe said Wednesday, in the latest injury to hit the Premier League team.It leaves Pope in a race against time to make England’s squad for the European Championship, which starts in June.The 31-year-old Pope sustained the injury as he dived to his left in an attempt to save a shot by Manchester United defender Sergio Reguilon that was blocked in front of the Newcastle keeper.Howe said Pope will require surgery.“The operation hasn’t happened yet,” Howe said, “but we’re thinking roughly around four months so it’s a big blow to us but one that we expected after the game.“He’s naturally down because at this stage of the season where we have so many games, huge games coming up — he’s got, obviously, the Euros ahead of him as well, which he was determined to try to be involved in, and there’s still chance of that for him.”...

Denver weather: Back in the 60s before snow, Pinpoint Weather Alert Day Friday

Published Tue, 05 Nov 2024 03:48:30 GMT

DENVER (KDVR) — The warm and mild trend continues Wednesday and Thursday. You should have plenty of time to get outside and enjoy the warm weather before big changes arrive on Friday and Saturday in the Denver weather forecast. A Pinpoint Weather Alert Day has been issued for Friday. Weather today: Warm with sunSunny skies continue to dominate the area Wednesday as highs will be around 20 degrees above average for this time of the year. Homeless encampment thrived in Fort Collins drainage tunnel Look for winds to come out of the southwest anywhere from 5-10 mph with gusts even stronger than that at up to 15 mph. Pinpoint Weather: Advisories on Dec. 6 There is a high wind watch in effect for the foothills that starts Wednesday night. Sustained winds will be out of the west anywhere from 30-40 mph with gusts up to 70 mph at times. Pinpoint Weather: Forecast highs on Dec. 6 Weather tonight: Mostly clear and coolIt will be a pretty quiet night in the metro area as low temperatures ar...

2 Colorado ski resorts named best in North America

Published Tue, 05 Nov 2024 03:48:30 GMT

DENVER (KDVR) — Coloradans don't have to go far for powder. A recent survey picked 10 of the best ski resorts in North America, and two of the top-ranked spots are in Colorado.USAToday ranked the top 10 ski resorts on the continent by asking a panel of experts and readers. These resorts were chosen because of factors like snowfall, varied terrain and lift access. This Colorado ski hotel ranked No. 1 in the country Out of the top 10, Winter Park Resort was third on the list. The mountain has over 3,000 skiable acres, 27 trails and 23 lifts, including three high-speed six-pack lifts, and a 10-person gondola.Vail Ski Resort was also on the list at No. 7. It's the largest resort in Colorado and the second-largest single mountain in North America. It has 195 trails with 32 lifts. Its longest run is four miles long.Here's the full list of ski resorts from USAToday.10 best ski resorts in North AmericaMount Bohemia - Lac La Belle, MichiganBanff Sunshine Village - Banff, AlbertaWinter Park...

Starbucks unwraps holiday discounts for reward members

Published Tue, 05 Nov 2024 03:48:30 GMT

Starbucks is spreading holiday joy to its reward members throughout December. Every Thursday, from noon to 6 p.m., members can savor their favorite Starbucks beverages at half the price, courtesy of an exclusive coupon on the Starbucks app.But the holiday surprises don’t end there. Starbucks is adding new color-changing hot cup sets that reveal a new hue when a steaming hot beverage is poured inside.It’s not just about the savings; Starbucks is enhancing the holiday experience with these limited-edition cups that bring an extra element of delight to every sip. Make your Thursdays merrier and your drinks more enchanting with Starbucks’ holiday treats—exclusively for Rewards members.

Boris Johnson’s COVID inquiry grilling: all the bombshell moments

Published Tue, 05 Nov 2024 03:48:30 GMT

LONDON — Boris Johnson’s in the dock.The former prime minister, who led Britain through the coronavirus pandemic before his administration spectacularly collapsed in 2022, faces a two-day grilling at the country’s official inquiry into the pandemic. He’s on oath to tell the truth, and is being pressed to give his account of what worked and, crucially, what didn’t, as the British state struggled to respond to the deadly virus.POLITICO is in the room and keeping track of all the key moments — so keep checking back.The interrupted apologyJohnson kicked off the two-day hearing by saying sorry — but there was plenty of drama as he did so. Moments after the former prime minister was sworn in at the Paddington inquiry center, he started to apologize for the “pain, loss and suffering” that occurred during the coronavirus pandemic. But he was quickly interrupted by the inquiry’s chair Heather Hallett, who ordered protesters in the public gallery to sit down. After they refused...

UK targets foreign suppliers with new Russia sanctions

Published Tue, 05 Nov 2024 03:48:30 GMT

LONDON — The British government has announced sweeping new sanctions on dozens of firms supplying military equipment to Russia in an effort to signal the country’s continued support for Ukraine.The U.K. Foreign, Commonwealth and Development Office on Wednesday announced 46 sanctions on individuals and groups supporting Russia’s invasion of Ukraine, including businesses in Belarus, China, Serbia, Turkey, the United Arab Emirates and Uzbekistan.The announcement came as Foreign Secretary David Cameron was expected to reaffirm the U.K.’s support for Ukraine during a visit to Washington, where he will unveil a £29 million humanitarian response package for the war-torn country.“Today’s sanctions will hit Putin where it hurts, damaging Russian defence systems, and cracking down on illegal supply chains propping up Russia’s war machine,” Sanctions Minister Anne-Marie Trevelyan said.“Working alongside our G7 partners and international allies we will continue to ratch...

McCormick predicts this flavor will dominate menus in 2024

Published Tue, 05 Nov 2024 03:48:30 GMT

New York (CNN) — Tamarind might sound — and taste — unfamiliar to many, but one influential company known for its spices and seasonings predicts it’s going to have a breakthrough year.McCormick & Company, the top-selling maker of seasonings and spices, has named tamarind as its 2024 “Flavor of the Year.” The report, released yearly since 2000, identifies trending spices and seasonings about to hit restaurant menus or in cookbooks and perhaps become the new pumpkin spice.Tamarind comes from a tree that commonly grows throughout Africa, Mexico, Asia and India, and produces pods containing the acidic and tangy-sweet flavor that can be added to a number of foods such potato chips, ice cream and even in coffee.McCormick deploys a team of about 50 people, such as chefs and food technologists, around the world to seek out trending flavors, with Executive Chef Hadar Cohen Aviram taking charge to select the flavor of the year.Aviram told CNN that tamarind was chosen because its flav...