DIRS.INFO The most relevant business & tech news

☆ A Massachusetts city is giving families at risk of losing their homes $750 a month, no strings attached
▼ + stars: | 2024-04-02 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewA Massachusetts city is giving low-income families $750 a month, no strings attached. The guaranteed basic income program will focus on residents who are in danger of losing their homes. The Somerville GBI Pilot will serve about 200 low-income families currently experiencing housing insecurity. Related stories"My life was always just a couple hundred dollars short," a participant in San Antonio's income program told BI. St. Louis, Missouri recently distributed $500 monthly payments to low-income families, and Flint, Michigan is offering funds to new mothers.

Persons: —, Boston —, Somerville, Katjana Ballantyne, Ballantyne, Joe Biden's, hasn't, John Gillette Organizations: Service, Somerville, Business, Greater Boston Area, Boston, ARPA, The University of Massachusetts, Republican Locations: Massachusetts, —, Boston, San Antonio, Austin, Minneapolis, Durham , North Carolina, Denver, Antonio's, City, Somerville, Greater Boston, Arizona , South Dakota , Iowa, Texas, Arizona, Louis , Missouri, Flint , Michigan, Atlanta

☆ A Boston guaranteed income program gave families $583 a month. It helped them buy first homes and pay off debt.
▼ + stars: | 2024-02-02 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Read previewA Boston guaranteed income program gave payments of nearly $600 a month for two years to 50 families. In August 2021, Camp Harbor View, in partnership with UpTogether, launched the Direct Cash Program, one of the largest privately funded US guaranteed income programs. AdvertisementTo be sure, short-term guaranteed income programs don't always set participants up for long-term financial success. Additionally, families reported a 23% decline in the risk of psychological distress, compared to an increase of 8% for families in the control group. About 45% of families saved enough for an emergency, compared to 14% of those not receiving monthly income.

Persons: —, UpTogether, Sherene Blake, CHV, Boston — Organizations: Service, Business, Cambridge, Boston Locations: Camp Harbor, Boston, Cambridge, Rise, Dorchester, inequity

☆ Flight attendants don't get to choose their 'base' cities — inside the intense process and what happens if you work somewhere you don't live
▼ + stars: | 2023-11-19 | by ( Monica Humphries | Jordan Hart | ) www.businessinsider.com time to read: +10 min

While training, flight attendants rank their preferred "base cities" where they'll fly from. Videos of flight attendants revealing the cities they want vs the cities they get go viral. During training, flight attendants learn safety protocols, practice emergency drills, and get familiar with airplane equipment. Flight attendants rank where they want to workTwo flight attendants said their base reveal happened within the first three weeks of training. This means the airport had appealing flights and flight times, and therefore senior flight attendants sought that location.

Persons: —, she's, @dogarmnose, @rainclements, David Becker, Lea McIntyre, @flightattendantbaelee, McIntyre, they'll, you've, Alajah Parker, didn't, Parker, what's, London, Boston —, aren't, it's, wasn't, David Zalubowski, they'd Organizations: Service, LaGuardia Airport, Business, American Airlines, New, London, JetBlue, LA, JFK, Boston Locations: Dallas, Forth Worth, New York, Chicago, New York City, London, Los Angeles , California, LA, Fort Lauderdale , Florida, Boston , Massachusetts, Orlando , Florida, Boston, McIntyre, Dayton , Ohio, Dayton, Miami, Houston, Austin

☆ 10 cities where people are moving for a new job
▼ + stars: | 2023-11-15 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Many workers reported cost of living as the most significant reason for moving states for a new job. Cities including San Francisco and Miami saw net population losses in the third quarter of 2023. New data from the Bank of America Institute looks at where job switchers are moving for those new roles , and which cities are increasingly luring in more new workers. San Francisco had one of the lowest shares of job changers moving in at under 11%. For many of these cities, Bank of America found population change and job growth went hand-in-hand.

Persons: —, San Francisco, they're, Gen Zers, Bostonians Organizations: Miami, Service, Boston, Bank of America Institute, Los Angeles . Bank of America, of America, Bank of America, Workers, Sun, San Franciscans Locations: Boston, Portland, San Francisco, Boston —, Oregon, Chicago, New York City, Miami, Los Angeles, Columbus, Austin, San Antonio, Las Vegas, Tampa, Seattle

☆ Feds busted a 'high-end' brothel network serving politicians and pharma execs. Apparent clients are wondering if they'll be next.
▼ + stars: | 2023-11-09 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +5 min

The feds busted a "sophisticated" brothel network that serviced politicians, pharma executives, and other high-profile clientele. Clients worried that they would be arrested, while others urged people to "shut the fuck up and lawyer up." AdvertisementAdvertisementThe Justice Department announced charges Wednesday against three defendants accused of operating a "sophisticated" brothel network in the Boston area and in eastern Virginia. "I'm glad I never participated," the user wrote in the forum after laying out the requirements. A Justice Department spokesperson declined to comment when asked if prosecutors are planning on charging others connected to the brothel network.

Persons: —, — Han Lee, James Lee, Junmyung Lee —, Han Lee, Junmyung Lee, BTT, I'm Organizations: pharma, Service, Boston, Department, feds, Justice Locations: Virginia, Boston, Btt, Georgia, Massachusetts

PHILADELPHIA (AP) — Joel Embiid envisioned winning an NBA championship with James Harden at his side. The 76ers traded Harden this week to the Clippers for a package of players and draft picks, ending the promise of two NBA MVPs chasing a championship in Philly. As it is, the 76ers are 3-1 with Embiid putting up numbers like a player intent on defending his MVP crown. While Nurse publicly said all the right things ahead of the trade about welcoming Harden back, he admitted Thursday that he never truly believed he would coach Harden. “I think he did a lot of great things for us,” Embiid said.

Persons: — Joel Embiid, James Harden, “ He's, ” Embiid, We're, Harden, “, Ben Simmons, Tyrese Maxey, Tobias Harris, Kelly Oubre Jr, didn't, Doc Rivers, “ I’m, ” Harden, scoffed, Harden —, Boston —, Embiid, Harris, Oubre, Maxey, you've, Nick Nurse, Daryl Morey, Nurse, ” Nurse, we're, —, ”, ___ Organizations: PHILADELPHIA, 76ers, Los Angeles Clippers, NBA, The 76ers, Clippers, Sixers, Philly, Boston, Toronto, Wells, ” Sixers Locations: Embiid, Philly, Los Angeles, Harden

CAMDEN, N.J. (AP) — Philadelphia 76ers star James Harden remained steadfast that his fractured relationship with the front office can't be repaired. But he did attend training camp and continues to practice with the 76ers in the wake of the disgruntled guard's trade demand. “I’m here putting work in. "You can say whatever you wanna say about me, but you don’t get this far in this league without putting work in. So whenever things fail or things don’t go how you feel they should go, you just continue to work, and that’s it.”___

Persons: James Harden, Harden, “ It's, ” Harden, “ You've, I’ve, “, ”, “ It’s, Joel Embiid, Nick Nurse —, Boston — Organizations: — Philadelphia 76ers, 76ers, Sixers, Atlanta, Milwaukee, Boston Locations: CAMDEN, N.J, New Jersey, Houston, Brooklyn, Philly

☆ I rented month-long Airbnb stays in 6 different cities before settling in San Diego. Doing a test run in each city made my decision easy.
▼ + stars: | 2023-08-27 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

She tried living in six cities: Nashville, Austin, Chattanooga, Montreal, Toronto, and San Diego. I ended up renting month-long stays in Airbnbs in Nashville, Austin, Chattanooga, Montreal, Toronto, and San Diego. What it was like in San DiegoMy employer was hosting a company-wide event in San Diego, our US headquarters, the first week of January 2023. AdvertisementAdvertisementI planned to stay in San Diego after the event for my next Airbnb jaunt from January 9 to mid-February. I was always curious about San Diego and had heard that many Bostonians end up moving there and loving it.

Persons: Sophie London, Lewis, It's, I've, COVID, I'm, I'd, Taylor, NoogaNightlife.com, jaunt, pang, — Organizations: San Diego ., Service, Austin Nashville, Austin, Nashville, London, Toronto, Film, Chattanooga Locations: San Diego, Nashville, Austin, Chattanooga, Montreal, Toronto, Wall, Silicon, San Diego , California, Massachusetts, Boston, Airbnbs, Nashville , Austin, After London, Montreal In Montreal, London, Tennessee, Nicaragua, Diego, Balboa

☆ AI could soon tell you the future value of your home
▼ + stars: | 2023-08-10 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +3 min

The future of home prices will shape the financial fates of many Americans. An AI tool from MIT can accurately predict how home prices would change over time. According to an MIT researcher, AI might be able to provide you with an answer. In the future, AI tools like the one at MIT might help prospective homeowners predict where the biggest gains are likely. "Imagine a dystopian future where everyone repaints their house a specific colour to game the system and impress the Google Street View Car," Ratti wrote.

Persons: Carlo Ratti, Ratti Organizations: MIT, Service, Financial Times, Google, Vanguard Locations: Wall, Silicon, Boston

☆ The Heat’s Secret Weapon? Players Who Were Snubbed on Draft Night.
▼ + stars: | 2023-05-18 | by ( Scott Cacciola | ) www.nytimes.com time to read: +1 min

He was sad to see Strus go, but he also knew that Strus was ready for his next challenge. “And who’s to say if he would be where he is today if he didn’t make that move?” Trost said. On Wednesday night, seven years after he transferred to DePaul and nearly four years after he matriculated to the N.B.A. But perhaps the oddest part about his unlikely presence was that it was not odd at all — at least not for the Heat, who have a league-high nine undrafted players on their 17-man roster. On Wednesday, three of those players — Strus, Gabe Vincent and Caleb Martin — scored 15 points each while combining to shoot 16 of 27 from the field.

☆ Jayson Tatum Shines as Boston Celtics Blow Out Sixers in Game 7
▼ + stars: | 2023-05-14 | by ( Scott Cacciola | ) www.nytimes.com time to read: 1 min

BOSTON — Jaylen Brown had used his public platform ahead of Sunday afternoon’s game to deliver a clear message to Celtics fans. On Sunday, before Game 7, he urged the fans to be much louder. He got what he wanted as the Celtics beat the Sixers, 112-88, to close out the series. The fans cheered every dunk and 3-pointer, every defensive stop and offensive rebound. They cheered any time Celtics forward Jayson Tatum got the ball.

The Boston Chase Sapphire Lounge will open on May 16, and if you have a Sapphire Reserve you get unlimited access. That's about to change with today's announcement of a new Chase Sapphire Lounge opening at Boston Airport on May 16, 2023. This is exciting news for Chase Sapphire Reserve® cardholders, as it's the first domestic Sapphire Lounge location. The food at the Chase Sapphire Lounge Boston is much more upscale than your average cheese and crackers at other lounges. ChaseChase Sapphire Lounge accessBank-branded luxury airport lounges aren't new, and the Boston Chase Sapphire Lounge looks to be just as good, if not better than competitors like Amex Centurion lounges and Capital One lounges.

Generative AI boost for Nvidia NVDA 1Y mountain Nvidia (NVDA) 1-year performance Nvidia (NVDA) was the Club's biggest winner in January, climbing 33.7%, and in February its 18.8% monthly gain is second to only Bausch Health (BHC). The stock's exceptional performance this year goes much deeper to company-specific factors — specifically, all the buzz around generative artificial intelligence (AI). "AI adoption is at an inflection point," Nvidia CEO Jensen Huang said on the chipmaker's earnings conference call last week. Bausch bounces, but questions remain BHC 1Y mountain Bausch Health (BHC) 1-year performance Bausch Health (BHC) has had an incredible start to the year, climbing roughly 21% in both January and February. Efficiency commitment lifts Meta META 1Y mountain Meta Platform (META) 1-year performance Meta Platforms (META) has really turned it around, gaining roughly 24% in January and over 17% in February.

☆ Ex-USC official involved in 'Varsity Blues' scandal gets six months in prison
▼ + stars: | 2023-01-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

BOSTON — A former University of Southern California athletics department official who accepted bribes from the ringleader of a nationwide college admissions scandal to help get often unqualified students into the school as sports recruits was sentenced Friday to six months in prison. Donna Heinel was also sentenced in U.S. District Court in Boston to two years of probation and was ordered to forfeit $160,000. The scheme involved bribes, embellished athletic accomplishments and entrance exam cheating to get the often unqualified children from wealthy families into some of the nation’s most prestigious universities. Heinel, Southern California’s former senior associate athletic director, pleaded guilty in November 2021 to a charge of honest services wire fraud. But it is also the product of the pressures put upon her by a dysfunctional university school system at USC, and the powerful men who inhabited her orbit.”

☆ I'm a writer for "The Late Show with Stephen Colbert." It was an incredibly difficult road to get here — here's my advice for other immigrants who want to break into a creative industry.
▼ + stars: | 2023-01-05 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +8 min

He says that while being a comedy writer helps him make light of it, the system could be better. Being an immigrant comedy writer or comedian is so absurd. I recently got married to an American comedy writer, and she writes for "Last Week Tonight with John Oliver." Applying to be a late-night writer is a pretty secretive processMost late-night shows will invite you to submit a sample. That spun up "The Colbert Report," and then all the other late-night shows after that always had an opinion on politics.

☆ Hiking has become a nationwide New Year's Day tradition
▼ + stars: | 2023-01-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

Just 380 people participated in the initial First Day Hike in 1992 at the nearly 7,000-acre Blue Hills Reservation just south of Boston. On Sunday, tens of thousands of people are expected to take part in First Day Hikes at hundreds of parks in all 50 states. The late Patrick Flynn, the former supervisor at Blue Hills, came up with the original plan. In 2012, First Day Hikes went nationwide when the National Association of State Park Directors endorsed the idea. Elijah Bristow State Park near Eugene is even offering a first day horseback ride.

☆ Former mob boss Francis 'Cadillac Frank' Salemme dies at 89 while serving life sentence for murder
▼ + stars: | 2022-12-19 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

BOSTON — Francis “Cadillac Frank” Salemme, the once powerful New England Mafia boss who was serving a life sentence behind bars for the 1993 killing of a Boston nightclub owner, has died at the age of 89, according to the Bureau of Prisons. After being released from prison, Salemme was seriously wounded in a shooting outside a suburban Boston pancake house. The racketeering case revealed that Bulger and Salemme’s best friend, Stephen “The Rifleman” Flemmi, had secretly worked as FBI informants. Just before DiSarro’s death, the FBI told him he was about to be indicted and should cooperate with the government against the Salemmes. “You’re not going to beat the government,” Salemme told a reporter in 2004.

☆ Ex-Yale coach gets 5 months in college admissions bribery scandal
▼ + stars: | 2022-11-10 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

BOSTON — The former Yale University women’s soccer coach whose cooperation with authorities helped blow the lid off the nationwide college admissions bribery scandal by leading the FBI to the scheme’s mastermind was sentenced Wednesday to five months in prison. Federal prosecutors and Meredith’s defense lawyers had recommended no additional prison time beyond the one day he had already spent in custody. But U.S. District Court Judge Mark Wolf said Wednesday that Meredith’s greed and his victims warranted a stiffer sentence. Before he was sentenced, Meredith, his voice shaking, issued an apology and said he had ruined his reputation and his career because he was driven by greed and the desire to provide for his family. In addition to the prison term, Meredith was sentenced to a year of probation, fined $19,000 and ordered to forfeit more than $550,000.

☆ The 'Lady of the Dunes' has been identified after nearly 50 years. Now, police want info about her husband.
▼ + stars: | 2022-11-03 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

Ruth Marie Terry in her twenties. Investigators are asking anyone with information about the whereabouts of Terry or Muldavin in New England in 1973 or 1974 to contact them. The death of the “Lady of the Dunes” was one of the most enduring and frustrating murder mysteries in Massachusetts. A young girl out for a walk found the body in the dunes in Provincetown in July 1974. Terry, whose aliases include Teri Marie Vizina, Terry M. Vizina and Teri Shannon, also had ties to Michigan and California, authorities said.

☆ 'It's difficult to be optimistic': A UBS real estate head shared just how much downside US home prices have in his 2023 housing market outlook
▼ + stars: | 2022-10-20 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Matthias Holzhey of UBS shared his outlook for the US housing market in 2023. The sky might not be falling yet in the US real estate market, but home values will soon start to, warns a new report from UBS. "Prices look overvalued," said Matthias Holzhey, the head of Swiss real estate at UBS Global Wealth Management, in a recent interview with Insider. How to navigate the housing market in 2023There are four more key drivers of demand in the housing market, Holzhey said: income growth, risk asset returns, interest rates, and psychology. However, today's real estate market bears little resemblance to past markets.

☆ Boston Celtics coach Ime Udoka suspended for 2022-23 season
▼ + stars: | 2022-09-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

BOSTON — The Boston Celtics have suspended coach Ime Udoka for the 2022-23 season, effective immediately, and with no guarantee he will be back with the franchise in the future. The Celtics said Thursday night that Udoka was suspended for “violations of team policies.”“A decision about his future with the Celtics beyond this season will be made at a later date,” the Celtics said. Udoka, in a statement published by ESPN, apologized but did not offer detail. “I want to apologize to our players, fans, the entire Celtics organization, and my family for letting them down. I am sorry for putting the team in this difficult situation, and I accept the team’s decision.

☆ We went inside the lab at Vertex, a company that dodged the market downturn to become one of the best-performing biotechs of 2022
▼ + stars: | 2022-09-21 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +10 min

A mosaic of human cells inside Vertex Pharmaceuticals' cell and gene-therapy laboratory. The four-story, 267,000-square-foot space is home to Vertex's cell and gene-therapy unit, with about 375 people now residing in the modern-industrial building. That has led to going after unrelated diseases like sickle cell, diabetes, muscular dystrophy, kidney disease, and pain. For instance, Vertex's approach to sickle cell is led by its CRISPR gene-editing program. Vertex PharmaceuticalsThe next test of Vertex's strategy will be an experimental treatment called exa-cel, its CRISPR gene-editing program for sickle cell.

Search resuls for: "Boston —"

22 mentions found