Panama Canal drought moves Maersk to start using land bridge for cargo

Panama Canal drought moves Maersk to start using land bridge for cargo

A severe drought has led to water depth and weight restrictions on ships passing through the Panama Canal, and additional container surcharges imposed by ocean carriers on shippers for months. “Based on current and projected water levels in Gatun Lake, the Panama Canal Authority (ACP) has needed to make reductions to the amount and weight … Read more

Lionsgate signs $4.6 billion SPAC deal for studio business

Lionsgate signs $4.6 billion SPAC deal for studio business

In this image released by Lionsgate, Jennifer Lawrence portrays Katniss Everdeen, left, and Liam Hemsworth portrays Gale Hawthorne in a scene from “The Hunger Games.” (AP Photo/Lionsgate, Murray Close) Murray Close Blank check firm Screaming Eagle Acquisition Corp said on Friday it has agreed to merge with the studio business of entertainment company Lionsgate in … Read more

How doctors are using Google’s new AI models for health care

How doctors are using Google’s new AI models for health care

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters The MedLM suite includes a large and a medium-sized AI model, both built on Med-PaLM 2, a large language model trained on medical data that Google first … Read more

Countries agree to deal at COP28 climate summit

Countries agree to deal at COP28 climate summit

COP28 president Sultan Ahmed Al Jaber speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo on December 1, 2023. Ludovic Marin | Afp | Getty Images “We delivered world first after world first,” the UAE summit presidency said in a … Read more

Google stock up after company announces Gemini AI model

Google stock up after company announces Gemini AI model

Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4. Analysts are encouraged by Google’s progress in AI, but questions remain about how the company will monetize … Read more

Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023.  Tayfun Coskun | Anadolu Agency | Getty Images Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle … Read more

Fed’s efforts to squash inflation are hurting Walmart, others

Fed’s efforts to squash inflation are hurting Walmart, others

The Federal Reserve’s campaign to squash inflation is a long-term win for the U.S. economy, but investors in companies such as Walmart are paying the price now, CNBC’s Jim Cramer said Thursday. The U.S. retail behemoth, along with cybersecurity firm Palo Alto Networks and energy giant Chevron, all saw their stock prices decline meaningfully Thursday … Read more

Taylor Swift’s postponed Argentina show prompts airline to waive flight-change fees

Taylor Swift’s postponed Argentina show prompts airline to waive flight-change fees

Taylor Swift postponed a show in Buenos Aires for Friday until Sunday. LATAM Airlines, the largest carrier in South America, said it wouldn’t charge customers date-change fees or differences in fare so they can stay in the city longer. Industry executives told CNBC that it was a highly unusual measure. Allen J. Schaben | Los … Read more

Flight discounts are back as airlines race to fill seats

Flight discounts are back as airlines race to fill seats

Airlines have a record 260 million seats to fill this quarter. They’re offering more fare sales for off-peak travel to do it. JetBlue, Spirit and Frontier all say average fares are dropping. A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana. Luke Sharrett | Bloomberg | Getty … Read more

Prenuvo offers $2,500 full-body MRI scans that can detect cancer early

Prenuvo offers $2,500 full-body MRI scans that can detect cancer early

Thousands of people have paid $2,500 for full-body MRI scans from Prenuvo, whose technology can detect more than 500 conditions. The scans take about an hour and are reviewed by one of Prenuvo’s licensed radiologists. “When you’re catching stage one cancer, what you’re doing will save lives,” said Prenuvo CEO Andrew Lacy. Prenuvo MRI machine … Read more