DIRS.INFO The most relevant business & tech news

☆ 24-year-old earns $50,000 a year living in a town of 121—how she spends her time and money
▼ + stars: | 2024-05-12 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +6 min

Madi Lee says she lives comfortably in Medora earning $50,000 per year working at the Theodore Roosevelt Medora Foundation. Take Madi Lee, 24, who graduated in 2022 and found herself working in Medora, North Dakota — popoulation: 121. Medora is a tourist town near Theodore Roosevelt National Park where the busy season brings in thousands of visitors. Madi Lee, 24, moved to Medora, North Dakota, which has a year-round population of 121 people. Courtesy of Madi Lee

Persons: Madi Lee, Theodore Roosevelt Medora, Theodore Roosevelt, Lee, I'm, Roth, Medora, she's, she'll Organizations: Theodore Roosevelt Medora Foundation . New, D.C, Theodore Roosevelt Medora Foundation, Ford Bronco, University of Minnesota Duluth Locations: Theodore Roosevelt Medora Foundation . New York City, Washington, Salt Lake City, Medora , North Dakota, Theodore, Madi Lee, Medora, Dickinson, North Dakota, it's, Roseau , Minnesota, Madi

The East Coast Is Sinking New satellite-based research reveals how land along the coast is slumping into the ocean, compounding the danger from global sea level rise. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Atlantic City is sinking up to 4 centimeters per decade. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Several hotspots in Maryland are sinking over 10 centimeters per decade, while other areas are rising. SINKING BY 2050 RISING –5 +5 cm –20 –15 –10 0 Charleston, S.C., which is affected by groundwater pumping, is sinking up to 5.7 centimeters per decade. Portland, Maine 47.0 cm 45.8 cm +40 cm 40.6 cm Relative sea level rise 33.8cm +30 cm +20 cm SUBSIDENCE +10 cm Change since 1925 Global sea level rise 1925 2023 1925 2023 1925 2023 1925 2023 Sources: Dangendorf (2019) and the National Oceanography Centre.

Persons: ”, Leonard Ohenhen, Kenneth Miller, Inner Harbor BOSTON Charles, “, Miller, “ We’ve, Sandy, we’ve, Sandy Hertz, Hertz Organizations: Virginia Tech, U.S . Geological Survey, NASA, Rutgers University ., Places New, National Oceanography, The New York Times, East Boston Charleston East Cambridge Airport, Inner, Pleasure, Roxbury, Boston City Archives, Boston Public Library, Boston Groundwater Trust, PNAS, Rutgers University, American Society of Civil Engineers, Army Corps of Engineers, Maryland Department of Transportation Locations: Boston, New York City, Long, Maryland, Hampton, Va, Charleston, S.C, Florida, Miami, Places New York City, N.Y, Atlantic City, N.J, Mass, Portland , Maine, York City, New Jersey, East, Inner Harbor BOSTON, Pleasure Bay, Savin, Roxbury Grove, Shirzaei, Cape Canaveral, exurbs, Delaware, Atlantic, East Coast

The city’s homeless shelter system often places newcomers in the wrong settings. It includes 37 dedicated mental health shelters that are staffed with psychiatrists and social workers to offer treatment — at a cost to taxpayers of about $250 million a year. The system relies on low-paid workers who lack the mental health training and tools to identify psychiatric issues in newcomers. One in four people with severe mental illness in the shelter system were not placed in a mental health shelter, state auditors found in 2022. One 41-year-old man who should have been placed in a mental health shelter was instead shuttled to other types of shelters as his mental health deteriorated.

Organizations: Times Locations: New York State, York, Union Square

☆ Keith Meister's Corvex Management places new giant bet on a drugmaker, adds to a utility stake
▼ + stars: | 2023-08-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Keith Meister's Corvex Management placed a big new bet on drugmaker Catalent , among other moves in an active quarter for the fund manager. The fund also has a new position in Knife River , a construction materials and contracting company, leading to a $110.3 million holding. It's the seventh largest position in the fund and likely the result of a spin-off. In June, Knife River spun off from MDU Resources , which is the third largest holding in Corvex. Knife River is up more than 17% this quarter.

Persons: Keith Meister's, drugmaker, Corvex, Meister, Carl Icahn Organizations: Management, Securities and Exchange Commission, MDU Resources, Adobe Systems, Wrestling Entertainment, Southwest Gas, Constellation Energy, Algonquin Power Locations: Catalent, Somerset , New Jersey, MDU, Arizona , California, Nevada

☆ Dozens of transgender people in Florida are crowdfunding to flee the state, and they've raised more than $200,000
▼ + stars: | 2023-06-04 | by ( Thalia Beaty | Associated Press | ) www.businessinsider.com time to read: +7 min

Dozens of transgender people in Florida are using crowdfunding to help them flee the state. In addition to banning gender-affirming care for transgender minors, the law places new restrictions on adults seeking treatment. Chelf began making plans to leave the state after Florida legislation caused her to lose access to gender affirming care. A marked increase in fundraisers to help trans people leave FloridaPeople have given more than $200,000 since January to fundraisers on GoFundMe started by trans people seeking to leave Florida, according to data from the platform. Sage Chelf shows her GoFundMe campaign to move out of Florida in Orlando, Fla., May 27, 2023.

Persons: —, Sage Chelf, Chelf, Laura Bargfeld, I'm, GoFundMe, Jalen Drummond, Ron DeSantis, Laura Bargfeld That's, Una Osili, Indiana University Lilly, Elise Colomer, it's, Jasmine Beach Organizations: Service, AP, Williams Institute, University of California, Los Angeles School of Law, Indiana University, Indiana University Lilly Family School of Philanthropy, Southern Equality Locations: Florida, GoFundMe . Florida, Fla, Orlando, Orlando Fla, Chelf, Cheadle, Illinois, Ferrara

☆ One New Zealand to use SpaceX satellites to improve coverage
▼ + stars: | 2023-04-03 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

WELLINGTON, April 3 (Reuters) - One New Zealand, formerly Vodafone NZ, said on Monday it had signed an agreement with billionaire Elon Musk's SpaceX to use the U.S. company's Starlink satellites to provide cell coverage to 100% of New Zealand from late 2024. The technology would initially be for text and multimedia messaging services but would later extend to voice and data services in areas of New Zealand not currently connected, One New Zealand added in a statement. One New Zealand's mobile network covers 98% of places New Zealanders live and work but currently covers only 50% of the country’s landmass. "When the service goes live, there will be coverage across the country whether you’re out on your boat, climbing a mountain, fixing a remote road or on your farm,” One New Zealand Chief Executive Jason Paris said. Reporting by Lucy Craymer; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Dan Sundheim’s D1 Capital places new bets on home furnishing retailers, adds to Big Tech
▼ + stars: | 2023-02-14 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

The New York-based hedge fund bought a $205 million initial position in Floor & Decor Holdings , and $104 million worth of shares in mattress maker Tempur Sealy in the fourth quarter. Sundheim placed new bets on fintech companies Bill.com Holdings and Intuit , buying about $91 million and $14 million worth of shares in each company, respectively. D1 also bought $81 million worth of Alibaba . D1 managed about $40 billion at the end of the fourth quarter, according to WhaleWisdom.com. Sundheim started D1 in 2018 after a stint as chief investment officer at Viking Global Investors.

☆ Biden plans to go after social media and kids’ mental health in SOTU speech
▼ + stars: | 2023-02-07 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden speaks as he attends the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. U.S. President Joe Biden will take aim at tech companies and discuss data privacy and online safety when he delivers the annual State of the Union address Tuesday night, the White House said. Biden will also argue it is the responsibility of companies, not consumers, to minimize the amount of information they collect. The White House said social media companies often do not enforce their terms of service with respect to minors. Biden will discuss how his administration plans to build on the surgeon general's youth mental health advisory, the Department of Health and Human Services' new Center of Excellence on Social Media and Mental Wellness, and the Children and Media Research Advancement Act.

☆ Biden's plea to lawmakers in rare op-ed: Unite to hold tech accountable
▼ + stars: | 2023-01-11 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

"We need bipartisan action from Congress to hold Big Tech accountable," Biden wrote. Biden's call for bipartisanship on tech issues is notable since the split Congress will complicate the landscape for passing legislation in any domain. The decision to focus the op-ed on tech suggests it may be a rare area of hope for progress while working across the aisle. Biden focused on three key areas of tech legislation he hopes to see this Congress. Finally, Biden called for "fairer rules of the road" when it comes to competition in the tech sector.

☆ For the first time, New Zealand has more female lawmakers than male
▼ + stars: | 2022-10-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

WELLINGTON, New Zealand — For the first time in New Zealand’s history, a majority of lawmakers are women. With the resignation of another male lawmaker, it has tipped the balance in Parliament to 60 women and 59 men. “Whilst it’s a special day for me, I think it’s historic for New Zealand,” Peke-Mason told reporters. The milestone places New Zealand among a half-dozen nations in the world that this year can claim at least 50% female representation in their parliaments, according to the Inter-Parliamentary Union. New Zealand has a history of strong female representation.

Search resuls for: "Places New"

10 mentions found