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American Airlines pilots vote to sanction strike



American Airlines pilots have voted overwhelmingly to sanction the strike as they try to secure a new contract ahead of the summer travel season.

However, the likelihood of job termination remains low as aviation industry workers face a number of hurdles before they can legally leave their jobs.

Capt. Ed Seecher, president of the Allied Pilots Association, said the pilots are determined to push for schedule changes that will “improve the airline’s operational reliability and efficiency.”

“We will strike if necessary to secure the best contract in the industry that our pilots have earned and deserve—a contract that will ensure the success of American Airlines,” Sicher said.

The union announced the results of the vote on Monday. It says 99% of the pilots voted to allow the strike, with 96% of the 15,000 US pilots participating in the vote during April. On Monday, the pilots planned to hold information pickets at ten major airports.

“Pilots want a better quality of working life. They want to know that if they have a four-day trip planned, they will return home with their families in four days.”

– Dan Koller, Allied Pilots Association Representative

The American woman and the union have been trying to secure a contract since January 2019. The airline said in a statement that it is confident the deal can be “finished quickly.”

“The finish line is just around the corner,” an airline spokesman said in an email. “We understand that the strike resolution vote is one of the important ways that pilots express their desire to make a deal, and we respect the communication of the results of the vote.”

Like rail workers, airline employees are subject to a different set of collective bargaining rules and have a harder time quitting their jobs than most other private sector workers. American pilots first had to go through mediation with a government board and get legal clearance to strike.

Both sides are still in so-called “direct negotiations” and have not yet asked for mediation, which would be a preliminary step before the strike.

American Airlines and the pilots’ union have been trying to secure a contract since 2019.

Dan Koller, a union spokesman, told HuffPost that the strike authorization was “not about money.” Instead, it was primarily about the schedule, which he called “chaotic and unpredictable” for the workers.

“Pilots want a better quality of their working life,” Koller said in an email. “They want to know that if they have a four-day trip planned, then in four days they will return home with their families. They want to know that if they bid on a layover in, say, New Orleans and plan to meet friends there, the airline won’t fly them to Buffalo instead in the blink of an eye.”

Koller said the talks have dragged on for so long only in part because of the pandemic, which caused a sharp slowdown in air travel ahead of a strong recovery. “American Airlines management has been slow with COVID-19 and continues to do so as the industry recovers,” Koller said.

American Airlines said it was “working expeditiously” to complete the contract. “We remain focused on addressing the few issues needed to reach the agreement our pilots deserve,” the spokesman said.

Airlines have struggled to retain pilots and other crew due to low unemployment and a strong travel economy, giving workers more leverage in negotiations. Pilots from US competitor Delta recently signed a new carrier contract that includes 34% salary increase for four years.

Industry contracts tend to build on each other, and Delta’s agreement could be the basis for agreements not only at American, but also at United and Southwest.


Week in Business: Trump on TV



Until last week, former President Donald Trump had not appeared on CNN since 2016. But Wednesday night at a town hall hosted by the network, Mr. Trump, the Republican leader in the 2024 presidential campaign, resumed the lies and name-calling that marked his presidency. When questioned by host Caitlan Collins, he repeated misinformation about the 2020 election, called writer E. Jean Carroll, who won her sexual harassment and defamation lawsuit, a “fool” and ridiculed Ms. Collins as a “nasty person.” Ms. Collins tried to correct Mr. Trump’s lies, he often talked about her. All evening the sympathetic public cheered him on. Critics of the CNN forum said it was reckless to give Mr. Trump such a large platform for his message, especially because his claims proved difficult to verify in real time.CNN Chairman Chris Licht defended the broadcast on Thursday, saying it stressed that coverage of Trump “will continue to be messy and complicated.”

A closely watched report on Wednesday showed that inflation in the United States had hit a remarkable milestone, with April marking the 10th straight month in which price growth slowed. The consumer price index rose 4.9 percent year-over-year, beating analysts’ expectations – in a good way. Economists in a Bloomberg survey predicted a 5 percent rise. Core inflation, which rules out food and fuel price volatility, also eased slightly. The report follows the 10th consecutive increase in the base rate by the Federal Reserve. The latest inflation data, along with other signs of a slowdown in the economy, could make May’s last rise for now.

Elon Musk has long asked Twitter users if he should step down as the platform’s chief executive. “I will honor the results of this poll,” he said. The results came in: Almost 58 percent of the 17.5 million people who voted agreed that Mr. Musk should leave office. But it was still somewhat surprising when Mr. Musk announced on Friday that he had chosen his replacement A: He said his successor would be Linda Iaccarino, chairman of global advertising and partnerships at NBCUniversal. Mr. Musk said that Ms. Iaccarino, who recently interviewed him on stage at a promotional event in Miami, will focus on business operations while he continues to work on product design and technology.

The two groups that have tried to blame each other for the recent bank failures will appear in two Senate hearings this week – the heads of those banks and the federal regulators that oversee them. On Tuesday, Greg Becker, the former Silicon Valley Bank chief executive who stepped down after the bank collapsed in March, will testify before the Senate Banking Committee. Two former senior executives from Signature Bank, which went bankrupt two days later, will also testify. They are expected to receive a tough reception from legislators. In a letter challenging Mr. Becker, the chairman of the committee wrote: “You must answer for the collapse of the bank.” Regulators can also expect questioning at a separate hearing on Thursday. When regulators appeared before the committee last month, members of Congress on both sides of the aisle chided shortcomings in oversight of the banking crisis. Regulators have also pointed the finger at bank mismanagement.

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Preparing to meet Kong in K’tak, new CM likely to be sworn in on Monday



Everything is set for the Congressional Assembly party to meet here Saturday night to elect a new leader. The new chief minister is likely to be sworn in on Monday, sources said.

The meeting will be held at a private hotel and all of the newly elected 135 Congress MLAs will attend and elect their leader. The high command is going to accept the challenge and announce a candidate for the post of CM. The meeting will start at 18:00

Former Chief Minister Siddaramayya, State President D.K. Shivakumar, senior executives M.B. Patil, Shamanur Shivashankarappa, d. G. Parameshvara, R. V. Deshapande, H. K. Patil fight for the post of KM.

Although party chairman Mallikarjun Harge has clarified that he is not interested in the position, sources say anything can happen. Siddaramaiya and Shivakumar lead the post.

The sources also said that Siddaramaiya will get a chance within the first two years and Shivakumar will be in charge for the next three years. The party is considering running in the 2028 elections under the leadership of Shivakumar.



(Only the title and image of this report may have been remastered by Business Standard staff; the rest of the content is automatically generated from the syndicated feed.)

First published: May 14, 2023 | 14:16 IS

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Yes, the Metaverse is still happening.



While AI continues to dominate the headlines and the Metaverse appears to have been sidelined by Mark Zuckerberg’s decision to shift the focus from the Metaverse to AI, it’s important to note that the Metaverse is still as relevant as ever.

There is still a lot of hype among the pioneers around the metaverse and what will and will not. The truth is that no one really knows the full potential of the metaverse and its impact on our lives. It all depends on the power of computing and networking capabilities, as well as the rate of adoption by users, which will look different than the rate of adoption of the Internet in the past.

What we do know is that the race is on as large enterprises like NVIDIA and Unity invest heavily in building the underlying infrastructure while Roblox, Decentraland and Sandbox fight to become the portal of choice and studios Web3 such as Touchcast and TerraZero. cooperate with leading brands to expand their market share.

We also know that not everyone will get out of bed, put on a VR headset, and head to a virtual office where they take the beat from their hologram boss.

We will still have many real-life interactions, however using a digital twin or virtual avatar of ourselves and working in a digital office will lead to greater opportunities for productivity, connectivity and growth.

digital twins

The metaverse is here. See how many companies are implementing.”digital twins”, or a virtual representation of a physical object, person or place created using real-time data and advanced simulation models to provide a comprehensive digital representation of the real process.

Currently, digital twins are most evident at work, opening up a new world of opportunity across industries ranging from automotive to architecture, manufacturing, retail, telecommunications, and more.

Feeding these connected virtual worlds NVIDIA Total Enterprise, which provides a common environment for collaboration and creativity in the digital world. Already widely used in the gaming and entertainment industry, NVIDIA graphics processing units (GPUs) are essential for rendering high-quality graphics and visual effects in the Metaverse. The company’s GPUs also play a key role in computing acceleration, which is essential for the development of artificial intelligence (AI) and machine learning algorithms that are used to create realistic virtual environments.

This opens up a new world of architecture, product design, and industrial automation opportunities for NVIDIA customers. For example, Omniverse is used bmw develop digital twins that will enable their factory teams to streamline and streamline the planning and operation of their factories of the future. Using NVIDIA Omniverse, thousands of planners, product engineers, facility managers, and lean manufacturing experts can collaborate in a single virtual environment to design, plan, develop, simulate, and optimize extremely complex manufacturing systems.

The digital twins allow the BMW team to make better and faster decisions on vehicle layouts, train virtual robots and design test rigs before they are implemented in the physical world. BMW claims that by being able to test and optimize virtually, they have achieved a 30 percent improvement in production planning efficiency.

Another example Ericsson, a Swedish network and telecommunications company that used the Omniverse platform to create city-scale digital twins and simulation environments to better understand optimal antenna spread for a 5G deployment and then apply that knowledge to the entire city. By creating virtual models of physical assets, processes and systems, digital twins provided Ericsson with real-time performance insights and helped identify areas for improvement.

Lowes, one of the largest home retail stores with over 3,000 outlets in the United States, has begun using Omniverse to implement digital twins to give its employees superpowers to support their customers. A retail employee uses an augmented reality headset connected to Omniverse to see the digital world mixed with the physical, giving them immediate access to real-time inventory and product information. The digital twin has improved the customer experience by providing real-time data on customer needs and preferences, helping Loews better understand and meet the needs of its customers.

Powerful tools like NVIDIA’s Omniverse are already bringing together a large and diverse community of creators, developers, and users to enable forward-thinking digital-focused companies to collaborate and create in ways that unlock new possibilities for our lifestyles. and work.

Despite all the hype around digital avatars and virtual headsets, understand that the introduction of the metaverse will not happen all at once, but rather will be a gradual set of digital experiences that will improve our lives and work.

Acceptance of the Metaverse

The adoption of the metaverse will look different than past rates of Web 1.0 and 2.0 adoption, where consumers have played a significant role. Enterprise and industry can play a key role in making sure the rest of us understand the value of the Internet in 3D, in addition to the younger generation and gamers who have been playing in the 3D world.

In addition, how quickly the implementation of the metaverse happens depends on the use of younger people and how much support and enthusiasm governments provide. Early data shows much higher Metaverse adoption rates in Asia, the Middle East and North Africa, and Europe than in the United States. This means that people in these regions have better access to the devices needed to use the Metaverse, making it a favorable environment for developing and deploying Metaverse related applications.

Just this month, the South Korean government doubled its commitment to the metaverse and launched $48.3 million fund for development and supports mergers and acquisitions of various startups to help catapult the ecosystem of the metaverse. They believe that the metaverse is a key engine of economic growth and innovation that can change our lives.

Similarly, the Dubai government launched its Dubai Metaverse Strategy which aims to become one of the top 10 metaverse economies in the world by 2030, as well as the global center of the metaverse community, actively attracting startups to create the next iteration of the Internet.

El Salvador is also committed to the growth of the metaverse along with its President, Naib Bukele. introduction of a bill it will abolish taxes on technological innovation. He said the bill is needed to encourage innovation and investment in the technology sector and that the initiative will help create jobs and boost El Salvador’s economy.

Follow opportunity

Companies and governments have the opportunity to build and experiment in these virtual worlds, which will open up new possibilities previously thought unimaginable. Soon enough, most of us will find ourselves working in virtual worlds, designing digital twins, and providing services in vast Web3 environments.

Although the metaverse is still in its infancy, it will help us communicate more meaningfully with people from all over the world. The Metaverse can help us be more productive and satisfied in our personal lives. Now is the time to discover the Metaverse and its possibilities for deeper connections, more effective collaboration, and greater personal productivity and fulfillment.

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