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Amazon is adding more 'Just Walk Out' stores to NFL stadiums and college campuses The e-commerce giant wants fans and students to "skip the checkout line"

 


Amazon AMZN -1.26%

 plans to install more of its Just Walk Out technology at NFL stadiums and college campuses throughout the U.S. in the fall, the company said in a statement on Tuesday.

As part of the expansion, Amazon is adding six new stores at Lumen Field in Seattle, where it first launched the cashier-free concept back in 2022, and seven stores at Commanders Field near Washington, D.C. Meanwhile, it’s opening its first store at the M&T Bank Stadium in Baltimore. With the additions, there are now more than 80 sports stadiums across the U.S., U.K., Australia, and Canada that use the technology.

In the realm of higher education, Amazon has over 30 university stores around the world using the technology. This fall, students can expect to see the tech-enabled stores at several new campuses:

  • Emory University
  • University of Maine
  • Loyola University
  • Endicott University
  • Lindenwood University
  • Ursinus College
  • Texas Christian University (TCU)
  • University of Virginia

What is Just Walk Out Tech?

Just Walk Out technology is Amazon’s AI-powered system that lets shoppers pick up items and leave a store without going through traditional checkout lines. It uses sensors and computer vision to track purchases and automatically charges customers through their Amazon accounts. The technology is similar to that used in Dash carts, which Amazon has insisted in the past is not used to spy on shoppers.

Amazon first introduced Just Walk Out technology in 2018 at the opening of its Amazon Go Store in Seattle. By 2019, the technology had expanded to additional locations, including grocery stores and third-party retailers. In 2024, it finally made its way to stadiums and college campus, despite earlier indications that it would be phased out of Amazon Fresh stores.

Shares of AI heavyweight Nvidia (NVDA.O), opens new tab tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data.
Nvidia lost $279 billion in market capitalization, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains.
The PHLX chip index (.SOX), opens new tab plummeted 7.75%, its biggest one-day drop since 2020.
The latest jitters about AI come after Nvidia last Wednesday gave a quarterly forecast that failed to meet the lofty expectations of investors who have driven a dizzying rally in its stock.
"Such a massive amount of money has gone to tech and semiconductors in the last 12 months that the trade is completely skewed," said Todd Sohn, an ETF strategist at Strategas Securities.
Intel (INTC.O), opens new tab dropped nearly 9% after Reuters reported CEO Pat Gelsinger and key executives are expected to present a plan to the company’s board of directors to slice off unnecessary businesses and revamp capital spending at the struggling chipmaker.
Worries about slow payoffs from hefty AI investments have dogged Wall Street's most valuable companies in recent weeks, with shares of Microsoft (MSFT.O), opens new tab and Alphabet (GOOGL.O), opening new tab trading lower following their quarterly reports in July.
"Some recent research has questioned if the revenues from AI alone will eventually justify this wave of capital spending on it. When assessing AI capex by individual companies, investors must consider if they are making the best use of their balance sheets and capital," BlackRock strategists wrote in a client note on Tuesday.
At its July record-high close, Nvidia had almost tripled in 2024. Its recent losses leave it up 118% year to date.
Tuesday's weakness in chip stocks accompanied wide declines on Wall Street, with the Nasdaq (.IXIC), opens new tab dropping 3.3%, and the S&P 500 (.SPX), opening new tab down 2.1%.
Investors mostly expect the Federal Reserve to cut interest rates by 25 basis points in its Sept. 18 policy announcement, according to CME's FedWatch Tool, opens new tab.
However, minority expectations of a 50 basis point cut rose to 37% from 30% after data on Tuesday signaled activity in the manufacturing sector remains soft.
Investors will get a host of data on the labor market this week, culminating in Friday's key government payrolls report.
"There’s concern about what the job numbers are going to show, about seasonality," warned Steve Sosnick, a market strategist at Interactive Brokers.
The chip index is now up 14% in 2024, just under the S&P 500's 16% gain.
Nvidia's record one-session loss in stock market value was greater than the $232 billion decline suffered by Facebook-owner Meta Platforms (META.O), opens a new tab on Feb. 3, 2022, when the social media company issued a dismal forecast, according to LSEG data.
Following Nvidia's quarterly report last week, the mean analyst estimate for annual net income through January 2025 has climbed to $70.35 billion from about $68 billion ahead of last week's report.
Those increased earnings estimates, combined with Nvidia's share losses, have the chipmaker now trading at 34 times expected earnings, down from over 40 in June and in line with its two-year average.
Broadcom (AVGO.O), opens new tab, another chipmaker that has benefited from the boom in AI computing, fell 6.2% ahead of its quarterly report on Thursday.

Fall fanatics can take their obsession one step further by turning it into a side hustle.

Personal finance platform FinanceBuzz is looking to hire a "pumpkin spice pundit" to taste-test fall food products from Trader Joe’s.

The platform said it's looking for someone to taste and evaluate the retailer's "fall-inspired Pumpkin Palooza foods."

The individual will be tasked with rating over 20 pumpkin-flavored food and drink products, like pumpkin waffles and pumpkin-spice ginger brew.

pumpkin pasta and alfredo sauce from trader joe's

Among the Trader Joe's fall lineup is this "fall zucchette pasta" and "pumpkin Alfredo sauce." (Chris Borrelli/Chicago Tribune/Tribune News Service via Getty Images / Getty Images)

FinanceBuzz will use ratings to help shoppers decide which foods to budget for and "which to skip."

The pumpkin spice pundit will receive $1,000 for the effort, along with a $500 Trader Joe’s gift card to cover the food cost.

"Groceries are an essential part of everyone’s budget — and usually a good chunk of the monthly spending," FinanceBuzz said on its website. 

"It’s disappointing when you branch out, buy a new food to try, and it ends up being a let-down."

FinanceBuzz is not affiliated with or endorsed by Trader Joe’s – but they are "big fans" of their seasonal items, spokesperson Chris Lewis told FOX Business.

Trader Joe's pumpkin split

The pumpkin spice pundit will receive $1,000 for his or her efforts, along with a $500 Trader Joe’s gift card to cover the food cost. (iStock; Trader Joe's / Fox News)

While there are "dozens" of new food products released every year, Lewis pointed out that there might not be room in everyone's budget for all of them.

"Pumpkin season is a major passion for some people, so we wanted to find a true superfan to critique this year's fall lineup and help our readers shop," he wrote in a statement. 

"This is a serious job posting. If you're someone who cares about pumpkin season, has a great sense of taste, and is willing to have some fun as we get closer to autumn, we want to hear from you."

Interested applicants must be over 18 years old and live near a Trader Joe’s in the U.S. 

Pumpkin-spice-flavored products from Trader Joe's

The pundit will be tasked with rating more than 20 pumpkin-flavored food and drink products, like pumpkin waffles and pumpkin-spice ginger brew. (John Carl D'Annibale /Albany Times Union via Getty Images / Getty Images)

The pundit will be expected to photograph each fall-inspired item — purchasing one of each — and will then rate each product on several criteria, including preparation difficulty, taste, and more.

Applications can be submitted at financebuzz.com/pumpkin-side-hustle before the Sept. 10 deadline.

The U.S. Open has one cocktail that’s well on its way toward outpacing the combined prize money for both singles champions.

The cocktail is pricey. It retails for $23, but customers can keep the collectible souvenir cup, at least while supplies last. Crafted with Grey Goose vodka and topped with fresh lemonade, raspberry liqueur, and a garnish of tennis ball-inspired honeydews, the easy-to-make cocktail is scoring big at the U.S. Open.

Since its debut in 2007, the Honey Deuce cocktail has grown from a niche offering to the standout feature of the international tournament. In 2023, over 450,000 Honey Deuce cocktails were sold at that year’s U.S. Open, Grey Goose said on its website, noting that since 2011, more than 2 million have been sold.

As the Honey Deuce cocktail wins over fans’ taste buds, this year’s event could also be set to break another record: attendance.

Lew Sherr, chief executive officer of the United States Tennis Association (USTA), told the Sports Business Journal (SBJ) that he’s “confident” this year’s three-week event will smash the 1 million visitor mark, thanks to an extra day and more programming —proving that the only thing bigger than the Honey Deuce’s popularity is the event itself.

Over the years, the signature drink’s popularity has skyrocketed. In 2023, Grey Goose and the U.S. open said they would be extending their 17-year partnership.

Elon Musk launched his artificial intelligence startup xAI last July, and it now has “the most powerful AI training system in the world.” The cut decision, according to a strategies

The training cluster, called Colossus, is powered by 100,000 Nvidia H100 graphics processing units, or GPUs, and is expected to double in size to 200,000 chips, including 50,000 of Nvidia’s more powerful H200 chips, “in a few months,” Musk said. While AI rivals including OpenAI and Meta also have hundreds of thousands of Nvidia’s chips, Colossus, which was brought online in about four months, has the most processors of an individual AI computing cluster in the world.

“Excellent work by the team, Nvidia, and our many partners/suppliers,” Musk said on his social media platform, X.

Colossus will be used to train the next generation of xAI’s large language model (LLM) called Grok, which is meant to rival OpenAI’s GPT-4. Musk said xAI expects to release Grok-3 by December.

In June, xAI announced it had chosen Memphis, Tenn. to house its supercomputer. Both Dell Technologies and Super Micro Computer have partnered with xAI to build the supercomputer. Dell chief executive Michael Dell congratulated Musk on X, saying, “It’s an honor for @DellTech to be part of this important AI training system.”

xAI raised $6 billion in a Series B funding round in May, which included heavyweight investors such as Andreessen Horowitz and Sequoia Capital. The round pushed xAI’s valuation to $24 billion.

Meanwhile, xAI is facing blame from local advocates in Memphis for making pollution worse from its use of gas-powered turbines, as smog in the city exceeds national air quality standards. In a letter to the Shelby County Health Department in August, the Southern Environmental Law Center said xAI’s supercomputer “requires an enormous amount of electricity,” and that the startup “has installed at least 18 gas combustion turbines over the last several months” to meet that demand, with more possibly coming.

The startup “apparently has not applied” for the air permits required before the installation and operation of some of the turbines, the SELC said. The environmental nonprofit is asking the health department to confirm if xAI is operating its turbines without an air permit and to order the startup to stop operating until it gets the permit.

The Unite Here union said on Tuesday strikes by U.S. hotel workers have concluded in Baltimore and Seattle, while 9,376 workers remained on strike in seven cities.
Some 10,000 hotel workers began a multi-day strike in nine U.S. cities on Sunday after contract talks with hotel operators Marriott International (MAR.O), opens a new tab, Hilton Worldwide (HLT.N), opens a new tab, and Hyatt Hotels (H.N), opens a new tabstalled.
The workers are demanding higher wages, fair staffing and workloads, and the reversal of COVID-era cuts.
The union says that many hotels took advantage of the COVID-19 pandemic to cut staffing and guest services that were never restored, causing workers to lose jobs and income – and creating painful working conditions for those who carry the increased workload.
Unite Here, which represents workers in hotels, casinos, and airports across the United States and Canada, said thousands of workers at 24 hotels were on strike in some major travel destinations including San Francisco and San Diego in California, Hawaii's capital city Honolulu, Boston and Greenwich, Connecticut.
"Each city's strike will last one to three days," it said.
The union has urged guests to not visit any hotel that is on strike until the workers secure a new contract.
About 40,000 Unite Here hotel workers across 20 cities face expiring contracts this year.

Ireland introduced more flexible work permit regulations from 2 September, aiming to address labor market needs and retain existing talent, reports The Economic Times. These changes are expected to make it easier for foreign workers and employers to navigate the permit process.

The Employment Permits Act 2024, applicable to individuals from outside the European Economic Area (EEA), aims to facilitate eligible employment and residence in Ireland. The government has emphasized that these changes will make the permit system more adaptable, enabling it to respond swiftly to shifts in the labor market.

Under the updated rules, some employment permit holders will be able to switch employers after nine months, a move designed to enhance worker mobility. Additionally, a new seasonal employment permit will be introduced to meet the specific needs of sectors like fruit picking, which rely heavily on seasonal labor. Peter Burke, Ireland’s minister for enterprise, trade, and employment, announced that the improvements to the Employment Permits Acts would create a more adaptable system while ensuring employees’ rights are maintained.

Subcontractors will now have access to the employment permit system, broadening opportunities for foreign workers in various industries. The new rules will also impose additional requirements on employers, including provisions for training and accommodation support for permit holders.


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Social affairs minister Eddy van Hijum has told companies that employ large numbers of foreign workers via staffing firms that they have to get their house in order or face a ban on using temporary staff, reports DutchNews.nl. The ban, Van Hijum said, would be an additional measure that could be taken if the results of efforts to stop the exploitation of foreign workers do not pay off.

“We have to make progress now,” Van Hijum said in a briefing to MPs. “The problems have continued for too long. Employers have to get their sectors organized properly. Companies should treat their workforce decently and not pass the problems on to wider society. Everyone has the right to a proper standard of living, including labor migrants.”

Van Hijum’s decision follows reports from labor inspectors about staffing agencies that sack a disproportionate number of workers and research by SOMO (The Centre for Research on Multinational Corporations) into problems in the meat industry, which relies heavily on foreign workers.

Van Hijum said he hoped to have a clearer picture of the options early next year. “A ban would be a far-reaching step, a last resort,” he said. “That is why we are looking at the situation carefully.”

The minister, who represents the centrist NSC political party (New Social Contract) in the cabinet, said he is also working on draft legislation that would allow him to close down staffing agencies that break the rules.

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