DIRS.INFO The most relevant business & tech news

☆ Lessons from the deadly anthrax attacks of 2001
▼ + stars: | 2024-05-05 | by ( John Miller | ) edition.cnn.com time to read: +11 min

This was anthrax,” Pogan said, and he briefed his superiors. Between October 5, and November 22, 2001, five people who were exposed died from anthrax poisoning. For help, they turned to the US Department of Defense lab at Fort Detrick, Maryland, where anthrax expert Dr. Bruce Ivins worked. Investigators in protective suits prepare to enter the New York Times building in New York on October 12, 2001. Police cars are parked outside the American Media building in Boca Raton on Oct. 8, 2001 where environmental tests detected anthrax bacteria.

Persons: CNN —, Bin Laden, America, Robert Stevens, Tom Dachle’s, Tom Brokaw, Patrick Pogan, ”, “, Judith Miller, Pogan, Miller, ’ Pogan, “ Hey, ” Pogan, John Scarbeck, Saddam Hussein, Bin, Bruce Ivins, Steven Hatfill, FBI swabbed, John Ashcroft, Peter Morgan, ” Dr, Bob Mueller, Mueller, Hatfill, Luis M, Alvarez, Dr, Ivins, John J, He’s Organizations: CNN, Center for Domestic Preparedness, Army, New York Police Department, ABC News, ABC, American Media, Boca, New York Post, NBC News, Terrorism Task Forces, New York Times, FBI, New York, New York City Health Department, Unit, US Department of Defense, Department of Defense, Reuters, Counterterrorism, LAPD, Justice Department, Police, Intelligence, Los Angeles Police Department Locations: Anniston, Alabama, Florida, Boca Raton , FL, Staten, New York City, “, Fort Detrick , Maryland, Maryland, Rhodesia, Zimbabwe, New Jersey, New York, Boca Raton

☆ Opinion | What I’d Assign to Today’s College Students
▼ + stars: | 2024-05-03 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

My weekend column used this season of campus protest as an opportunity to discuss the evolution of Columbia’s core curriculum, whose readings on contemporary politics, I argued, usefully distill the core of contemporary progressivism while leaving a great deal else by the wayside. I included some examples of ideas and writers that the present Columbia syllabus leaves out, but I wanted to give a little more attention to the question of what a supplement to the progressive approach would look like. If you were trying to bring a great-books program all the way up to the present and you wanted to widen the ideological aperture beyond Columbia’s progressive focus, what would you have your students read? One answer is that the very idea of being up-to-date is a mistake because readings oriented explicitly to the present are everywhere in education and the point of a core curriculum is to stand a little bit apart, to connect you to the riches of the past — riches that have been sifted in a way that just isn’t possible with the publications and arguments of the past few generations. I have some sympathy with this idea: If I were designing a core humanities program for high school students (not that I’ve ever thought about this or anything), my strong impulse would be to just hit “stop” at World War II or 1965 and decline to make any judgment on what will be remembered as the great books of the recent past and present.

Persons: ” Locations: Columbia

☆ Passover dessert recipes
▼ + stars: | 2024-04-22 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

“We always were the family who invited everyone and anyone to our Passover Seder.”Siva became a vegetarian at age 12 and now creates many plant-based recipes. Here’s how to make all three recipes for your loved ones this Passover or anytime. Preheat oven to 400 degrees Fahrenheit, then use aluminum foil and/or parchment paper to line a large rimmed baking sheet. Meanwhile, preheat oven to 350 F. Line a large rimmed baking sheet with parchment paper. In a medium bowl, mix the sugar, flour, cocoa powder, baking powder and sea salt.

Persons: Micah Siva, ”, Siva, “, it’s, ” Siva, Hannah Lozano, Siva doesn’t, Cook, brownie Organizations: CNN, pecans Locations: Calgary , Alberta, Northern California, Bronx

☆ 5 desserts for celebrating Eid al-Fitr
▼ + stars: | 2024-04-09 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +4 min

Ramadan is coming to an end, which means it’s time to plan to celebrate Eid al-Fitr. A number of desserts make up the table during Eid al-Fitr. Arindam Dey/AFP/Getty ImagesA classic Eid al-Fitr dish is sheer khurma. Helou said these desserts are eaten all year round, but they are ever more present during Ramadan and Eid. iStockphoto/Getty ImagesA popular Eid al-Fitr dish is a sweet milk-based dumpling called rasmalai.

Persons: Ramadan, Eid, Sweets, Anissa Helou, Ma’amoul, ” Helou, Arindam Dey, Helou, Mehmet Akif Parlak, “, ”, it’s, Karolia, James Nielsen, Jocelyn Solis, Moreira Organizations: CNN, Getty, Anadolu Agency, Houston Chronicle Locations: Syria, Jordan, Lebanon, Palestinian, Agartala, India, AFP, Gaziantep, New York

ImageReddit’s bet on RedditorsReddit is the latest company set to test the uncertain I.P.O. market, after the unprofitable social media company built around an avid community of newshounds, cryptocurrency devotees and reality TV fans filed to go public. The company is seeking a valuation of at least $5 billion and DealBook sifted through its prospectus to figure out its pitch to investors. demand that’s fueling a global stock market rally. But whether that’s enough to push Reddit to become profitable is a big question hanging over the listing.

Persons: Reddit, Google that’s Organizations: Google Locations: newshounds, A.I

☆ Paul McCartney reunited with stolen guitar ‘that kicked off Beatlemania’ after 50 years
▼ + stars: | 2024-02-16 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Paul McCartney’s legendary lost guitar will gently weep no more as it was reunited with its owner more than 50 years after it was stolen. He continued to play it once The Beatles had split up but it was stolen in 1972 from the back of a van in Notting Hill, London. “The search for the bass wasn’t just for Paul McCartney, it was for all the fans,” Wass told CNN on Friday. “The evidence along the way would suggest that the thief didn’t know what he was stealing that night,” Scott Jones said. “In a sense it has no value except to Paul McCartney and to every Beatles fan in the world … it’s priceless.”

Persons: CNN — Paul McCartney’s, McCartney, Nick Wass, Scott, Naomi Jones, Paul McCartney, ” Wass, “, ” Scott Jones, Wass, ”, George Harrison, Ringo Starr, John Lennon, Ronald Guest, Admiral Blake, Naomi Jones trawled, Paul McCartney’s, ” Jones Organizations: CNN, Central Press, Getty, Beatles Locations: Notting Hill, London, Hastings, Glastonbury, Ladbroke Grove

☆ I tried blueberry-pancake recipes from Trisha Yearwood, Ree Drummond, and Bobby Deen, and the best used whipped egg whites
▼ + stars: | 2024-02-13 | by ( Paige Bennett | ) www.businessinsider.com time to read: +7 min

Yearwood adds sour cream to achieve a fluffy textureTrisha Yearwood's pancake recipe used the most blueberries. Dean makes blueberry pancakes fluffy by folding in whipped egg whitesBobby Dean's secret ingredient is whipped egg whites. Whipping egg whites is key to Bobby Deen's pancake recipe. Overall, Deen's trick of folding in whipped egg whites was the best hack for fluffy pancakesBobby Deen's pancake recipe was my favorite of the bunch. But I found that Deen's addition of egg whites whipped to stiff peaks was the best way to make super-fluffy pancakes.

Persons: Trisha Yearwood, Ree Drummond, Bobby Deen, Drummond, —, Yearwood, Paige Bennett, Bobby Dean's, Bobby Deen's, I'd, we've Organizations: Service

☆ Investigators Search Ruins of Philadelphia House Fire for at Least Six People
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Investigators on Thursday sifted through the charred ruins of a house in a Philadelphia suburb for the remains of at least six people, including at least one child, after the home was set ablaze by a suspect who shot and wounded two responding police officers. When police arrived, the suspect opened fire from inside the home, striking two officers, and set fire to the two-story, wood-frame home. "I think today might be a grim day," he told Fox 29 in Philadelphia, adding the shooter is expected to be among the dead inside the home. The fire burned too intensely for firefighters to enter as flames and smoke billowed out of the home, Stollsteimer told reporters on Wednesday. "We got the thumbs up from them," said Stollsteimer, the chief prosecutor for the county, which has a population of about 575,000.

Persons: Jack Stollsteimer, Stollsteimer, Brendan O'Brien, Christina Fincher Organizations: Reuters, Fox News, Fox Locations: Philadelphia, East Lansdowne, Delaware County, Chicago

For instance, the U.S. has blocked shipments of cotton coming from China, a top manufacturer of popular clothing brands, because it was produced by forced or prison labor. While prison labor seeps into the supply chains of some companies through third-party suppliers without them knowing, others buy direct. Cargill acknowledged buying goods from prison farms in Tennessee, Arkansas and Ohio, saying they constituted only a small fraction of the company’s overall volume. For instance, about a dozen state prison farms, including operations in Texas, Virginia, Kentucky and Montana, have sold more than $60 million worth of cattle since 2018. “What for?”FOLLOWING THE MONEYThe business of prison labor is so vast and convoluted that tracing the money can be challenging.

Persons: it’s, Willie Ingram, “ They’d, billy clubs, they’d, ”, Ingram, didn’t, they’re, don’t, Andrea Armstrong, Frank Dwayne Ellington, Ellington, Koch, “ It’s, it’s somebody’s, Alishia Powell, Clark, “, Bunge, Louis Dreyfus, Archer Daniels, Cargill, ” McDonald’s, Mills, ” Bunge, Burger, Jermaine Hudson, ” Hudson, Calvin Thomas, Thomas, Ken Pastorick, Pastorick, Jennifer Turner, Faye Jacobs, Jacobs, ’ ” David Farabough, they’ve, Joshua Sbicca, Cliff Johnson, Jimmy Dean, Sara Lee, Tyson, Brevard County Sheriff Wayne Ivey, that’s, ” Ivey, “ They’re, ’ ”, William “ Buck ” Saunders, Hickman’s, Brooke Counts, Counts, John’s, Jack Strain, Tammany Parish, Russell Stover, Curtis Davis, Robert Bumsted, Cody Jackson, Columbia University’s Ira A, Lipman Organizations: Louisiana State Penitentiary, The Associated Press, Walmart, Cargill, U.S, Kroger, Target, Aldi, Corrections, Loyola University New Orleans, Koch Foods, Occupational Safety, Health Administration, Washington, Archer Daniels Midland, Consolidated, AP, Foods, Dairy Farmers of, Big, Sam’s, Tyson Foods, U.S ., Civilian, OSHA, Fair Labor, American Civil Liberties, Colorado State University, MacArthur Justice Center, University of Mississippi, PepsiCo, Brevard County Sheriff, Arizona . Companies, Costco, Correctional, Prisons, Nut, Maine Foods, Taylor Farms, Transitional, Associated Press, Public Welfare Foundation, Columbia, Lipman Center for Journalism, Arnold Ventures Locations: ANGOLA, La, Southern, Louisiana, Texas, In Louisiana, Angola, United States, “, Ashland, U.S, China, Tennessee , Arkansas, Ohio, Dairy Farmers of America, Texas , Virginia, Kentucky, Montana, Baton Rouge, Mississippi, Manhattan, America, Alabama, American, Arkansas , Texas, Florida , Alabama, South Carolina, Georgia, Arkansas, In Alabama, Florida, Brevard County, Arizona, Wisconsin, California, Colorado, state’s St, Tammany, Idaho, In Kansas, Cal, St, Francisville , Louisiana, Feliciana, Investigative@ap.org

☆ 14 ways to get better at using ChatGPT: Comprehensive prompt guide
▼ + stars: | 2024-01-21 | by ( Aaron Mok | ) www.businessinsider.com time to read: +12 min

Here are 12 ways you can write better ChatGPT prompts. Prioritize clarity and precisionDeStefano-Tangorra suggests that ChatGPT users "explicitly outline your expectations within the prompt" by adding precise words. "Clear and specific prompts lead to more relevant and useful responses," she said. Couto finds that the best marketing copy reads at a fifth- or sixth-grade level, which includes "short sentences and paragraphs, a conversational tone, and simple language." OpenAI's prompt guide suggests copying and pasting articles into ChatGPT, and then asking the chatbot to answer questions based on them.

Persons: —, ChatGPT, It's, Jacqueline DeStefano, Jason Gulya, Rob Cressy, Cressy, Peggy Dean, Dean, " DeStefano, Tangorra, Agatha Christie's Miss, DeStefano, Gulya, Anna Bernstein, didn't, Bernstein, Mary, Ashley Couto, Couto Organizations: Service, Business, Berkeley College, GPT, Facebook, Microsoft Locations: Asia

☆ Best Banks and Credit Unions for 2024
▼ + stars: | 2023-12-18 | by ( Martha C. White | ) www.wsj.com time to read: +13 min

While its checking interest rate is set much lower, you do earn interest on every dollar of your balance—its flagship checking account was also Buy Side’s top pick in the Best Checking Account category. CaveatsCapital One’s savings account APY beats most national banks and is competitive among online banks. The Ally Online Savings and Ally Spending accounts (the latter is the bank’s flagship checking account) were our top picks for digital banks in Buy Side’s Best Checking and Best Savings rankings. In Buy Side’s roundups, Alliant took the top spot among credit unions in our Best Checking and Best Savings rankings. How we pickedTo pick Buy Side from WSJ’s Best Banks, we evaluated dozens of banks and credit unions, looking for institutions that offered the best combination of high interest, low fees and flexible account options for savings, checking and CDs.

Persons: Martha C, you’ll, —, Ally, Ivy, Ivy doesn’t, Ivy Bank’s, Alliant, Foster, — Alliant, Banks Organizations: Wall, Best, Capital, American Express, Ally, Savings, Synchrony, Alto, Ivy Bank, Cambridge Savings Bank, Ivy, Bank5 Connect, CIT Bank, First, Alliant, Bank, Foster Care, Credit Union, Lake, Best Bank, Best Credit Union, National Credit Union Administration Locations: U.S, American, Massachusetts, California, Golden State, Lake Michigan

Supporting nonprofits on GivingTuesday this year could have a bigger impact than usual. Many nonprofits will run matching campaigns, meaning a supporter has pledged to double or sometimes triple the donation of other, smaller donors. That would follow the trend of charitable giving in 2022, which dropped for only the fourth time in 40 years. Other nonprofits, though, aim to rally support from the communities they seek to serve, and GivingTuesday can help with that. ___Associated Press coverage of philanthropy and non-profits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.

Persons: Tim Pries, “, ” Pries, Amy Pirozzolo, ” Pirozzolo, Natasha Andrews, they've, ”, Ciara Coleman, ” Coleman, Jacob Qualls, he's, Qualls Organizations: Area, Fidelity Charitable, DAF, Fidelity, National, of America, Alpha Phi Alpha, mater, Morehouse College, Associated, Lilly Endowment Inc, AP Locations: Indiana, Fort Wayne, New Orleans, Chicago

☆ Los Angeles’ I-10 remains closed indefinitely as damaging fire is investigated as arson. Here’s what we know
▼ + stars: | 2023-11-13 | by ( Taylor Romine | Elizabeth Wolfe | ) edition.cnn.com time to read: +5 min

CNN —Investigators are working to determine who is responsible for a massive fire over the weekend that has forced the indefinite closure of part of Los Angeles’ Interstate 10, as fire officials say the blaze was likely arson. Residents who are impacted have been urged to take public transit, work from home or plan for significant traffic delays. Investigators have sifted through the fire’s rubble in search of evidence and are working with Los Angeles firefighters to canvass the surrounding neighborhoods for potential witnesses and video footage, the fire marshal added. Firefighters responded to reports of the fire around 12:30 a.m. Saturday at a storage yard scattered with pallets, trailers and vehicles, according to the Los Angeles Fire Department. About 100 columns beneath the bridge were impacted by fire and are being inspected, according to transportation department director Tony Tavares.

Persons: Karen Bass, “, Daniel Berlant, Berlant, Gavin Newsom, Newsom, ”, ” Bass, ” Newsom, Kristin Crowley, Jae C, ” John Yang, Yang, Tony Tavares, Transportation Toks Omishakin, ” Yang Organizations: CNN —, ”, “, Firefighters, Los Angeles Fire Department, California Department of Transportation, Transportation, Apex Development, CNN Locations: Los Angeles, City, Los Angeles County, California

☆ Before-and-after images show how Greenland’s glaciers have rapidly retreated
▼ + stars: | 2023-11-12 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +3 min

Now housed in the Danish National Archives, the historical images inspired her and other researchers to reconstruct the territory’s glacial history and how it has changed amid a rapidly warming climate. The comparison found Greenland’s glaciers have experienced an alarming rate of retreat that has accelerated over the last two decades. For the first time on record, it rained at the summit of Greenland — roughly two miles above sea level during the summer of 2021. Earlier this week, scientists found that northern Greenland’s huge glaciers, which were long thought to be relatively stable, now pose potentially “dramatic” consequences for sea level rise. “[The paper] really reinforces that our choices over the next few decades and how much we reduce our emissions really matter to these glaciers,” Larocca said.

Persons: Laura Larocca, of Denmark Niels Jakup, Niels Jakup Korsgaard, ”, Larocca, Hans Henrik Tholstrup, University of Copenhagen Larocca, ” Larocca Organizations: CNN, Danish National Archives, of, of Denmark, Arizona State University School of Ocean Futures, Danish Agency, Datasupply, University of Copenhagen The Danish Agency, University of Copenhagen Locations: Denmark, Copenhagen, Greenland, of Denmark, Danish

Israel said Hamas killed 1,400 people, mostly civilians, and took more than 200 hostages. The Gaza health ministry says at least 8,796 Palestinians in the narrow coastal enclave, including 3,648 children, have been killed by Israeli strikes since Oct. 7. TWO HAMAS COMMANDERS KILLED, SAYS ISRAELIsrael said its strikes on Tuesday and Wednesday killed two Hamas military leaders in Jabalia, Gaza's biggest refugee camp. U.N. human rights officials said strikes on the camp could be a war crime. [1/5]Palestinians search for casualties a day after Israeli strikes on houses in Jabalia refugee camp in the northern Gaza Strip, November 1, 2023.

Persons: Jordan, Gazans, Israel, ISRAEL Israel, Mohammed Al, Masri, Fathi Abu, Hassan, Ashraf Al, Antony Blinken, Benjamin Netanyahu, Blinken, Wednesday Jordan, Joe Biden, Nidal al, Emily Rose, Cynthia Osterman, Stephen Coates, Grant McCool, Robert Birsel Organizations: Friday, Hamas, Palestinian, Gaza's Hamas, Human Rights, REUTERS, Hospitals, Indonesian Hospital, FOR, Wednesday, U.S . House, Democratic, White, Israel, Reuters, Thomson Locations: Israel, Gaza, Friday GAZA, JERUSALEM, Egypt, Australia, Austria, Bulgaria, Czech Republic, Finland, Indonesia, Italy, Japan, Jordan, United Kingdom, United States, Quds, Gaza City, Jabalia, Gaza's, U.S, Tel Aviv, Qatar, Ukraine

☆ Inflation is cooling, but the price hikes aren’t done
▼ + stars: | 2023-10-25 | by ( Lucy Bayly | Alicia Wallace | ) edition.cnn.com time to read: +8 min

Inflation in the United States has unquestionably cooled after hitting 40-year highs last year. Other key inflation gauges, the more comprehensive Personal Consumption Expenditures price index and the wholesale-focused Producer Price Index, have moderated as well. A spike in gas prices and other components such as persistently high shelter costs have kept inflation elevated. The locally owned Walnut Group restaurant company closed its venerable Mediterranean Restaurant (fondly called The Med), the French bistro Brasserie Ten Ten and the newer Italian entrant Via Perla. Courtesy Tim Romano PhotographyAlthough Brasserie Ten Ten had a nearly two-decade run before its closure, it was like starting a brand new restaurant, Hessel said.

Persons: Marlon Pando, White Lotus, Tony Hessel, he’s, Jerome Powell, Brandon Bell, —, ”, Lydia Boussour, United States —, Pando, “, Price, Frederic J . Brown, Mark Zandi, Chase Castor, hadn’t, Holly Wade, Peggy Romano, Romano, Brasserie, Tim Romano, Hessel, ” Hessel, you’ve, it’s Organizations: Minneapolis CNN —, Disney, Mexican Grill, White, Getty, Moody’s, National Federation of Independent, Washington Post, NFIB Research, shocker, Walnut Group, Via Perla Locations: Minneapolis, New Jersey, Boulder , Colorado, United States, Mexican, Austin , Texas, Alhambra , California, AFP, Marion , Kansas, —, Walnut

☆ Israeli volunteers prepare hundreds of wreaths for funerals
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

She and her teenage daughter are among more than 100 volunteers working to prepare flowers for the more than 1,200 Israelis who have been killed since Hamas gunmen burst into Israel from Gaza on Saturday. "You have to understand that there are no wreaths left in Israel anymore," said flower exporter Lihi Salpeter Danziger, who organised the initiative. "People cannot get and cannot find flowers to take to funerals for the size of this event. Danzinger explains that the women work in shifts as the safe room can only accommodate 100 at a time. Once completed, the wreaths are loaded onto cars and trucks and sent out free of charge to funerals taking place all over the country.

Persons: Janis Laizans, Butcher Tali Yehuda, Yehuda, Lihi Salpeter Danziger, Danzinger, Sharon Singleton, Angus MacSwan Organizations: REUTERS, Thomson Locations: Israel, Gaza, Zeitan, Tel Aviv

☆ Researchers link popular weight loss drugs to serious digestive problems for ‘hundreds of thousands’ worldwide
▼ + stars: | 2023-10-05 | by ( Brenda Goodman | ) edition.cnn.com time to read: +11 min

They can help people with diabetes control their blood sugar and lead to substantial weight loss for people with or without diabetes. Liraglutide was FDA approved as a weight loss medicine since 2014. What’s been less clear is whether patients taking these drugs for weight loss may have the same serious side effects. CNN reached out to Novo Nordisk, the manufacturer of both injectable weight loss drugs examined in this study, for comment. Sodhi said they started the man on a medication that treats stomach paralysis, “and he got a lot better,” Sodhi said.

Persons: Ozempic, ”, Mahyar, —, It’s, Liraglutide, it’s, Mohit Sodhi, Sodhi, Ian Musgrave, Musgrave, What’s, “, ” Sodhi, Dr, Sanjay Gupta Organizations: CNN, University of British, US Food and Drug Administration, FDA, “, University of Adelaide, Science Media Centre, BMI, Novo Nordisk, CNN Health Locations: University of British Columbia, Australia, Novo

☆ Clams Ruled This Town Until the Crabs Moved In
▼ + stars: | 2023-09-24 | by ( Jason Horowitz | More About Jason Horowitz | ) www.nytimes.com time to read: +1 min

Wearing waders, he boarded his boat and motored to the lagoon with scores of other fishermen to rake the clam gardens that for decades have transformed this sleepy Italian village off the Po River Delta into a bivalve boomtown. As the sun rose, Mr. Genari, a leader of the local fishing cooperative, poured his first haul of clams into the basin of a metal sorting machine. “Opened, opened, opened,” Mr. Genari said, as he sifted through shells and avoided the murderous crabs snapping at his fingers. The killers had, he said, laid waste to the baby clams. The clams will be gone.”

Persons: Massimo Genari, Genari, “, ” Mr, ” Locations: Goro

☆ The 9 best college football towns for investing in short-term rentals
▼ + stars: | 2023-09-14 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

Analytics site AirDNA ranked the best college football towns for investing in Airbnbs and Vrbos. It weighed competition, revenue potential, and occupancy to find the most ideal future investment. The Big 10 Conference towns dominate the top ranking with five spots, followed by the SEC with two. Analytics site AirDNA cobbled together college towns across five major conferences — SEC, ACC, Big 10, Big 12, and PAC-12 — in order to determine which places were the best for those seeking to invest in short-term rentals like Airbnbs and Vrbos. To be sure, the top-scoring towns aren't just the ones that have the highest revenue potential.

Persons: AirDNA, — Organizations: SEC, Service, ACC, Big, Washington State Cougars Locations: Airbnbs, Wall, Silicon, aren't, Washington

"I used to love buying branded clothes," said teacher Zhang as she sifted through a pile of garments priced between 15 and 50 yuan ($2-$7). With wages and pensions hardly budging and the job market highly uncertain as more than one in five young Chinese remain unemployed, households' confidence and spending power are low in the barely growing economy. The real estate sector, one of the pillars of the economy, is struggling with massive debt. "One of my customers is a rich woman who used to go to Japan for shopping, but now she comes to my store," said Wang. ($1 = 7.3179 Chinese yuan renminbi)Additional reporting by Winni Zhou in Shanghai; editing by Marius Zaharia and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Amy Zhang, Zhang, Becky Liu, Gucci, Kering, Lu, Yunshan, I've, Wang, Winni Zhou, Marius Zaharia Organizations: Standard Chartered, Thomson Locations: BEIJING, HONG KONG, China, LVMH, Japan, Shanghai

Rescuers in Morocco are racing to dig survivors out of rubble after the country’s worst earthquake in a century flattened homes and buildings, killing at least 2,000 people. The magnitude-6.8 quake struck in the mountains south of Marrakesh, an ancient city that is a popular tourist destination. The quake particularly devastated communities in the Atlas Mountains, where the full extent of the damage is still unknown. Debris has blocked some of the region’s roads, making it difficult for rescue crews to reach remote communities. Frantic rescue effortsIn some remote areas, people sifted through debris with their bare hands to search for survivors.

Locations: Morocco, Marrakesh

☆ Big startups are a bust so prestige investors are fighting for deals into tiny European companies
▼ + stars: | 2023-09-05 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +4 min

Funding to European startups across the board dropped by almost 60% to $23 billion in the first six months of 2023, according to Crunchbase data. ElevenLabs, a London-based artificial intelligence startup founded by Google and Palantir alumni, pulled in $18 million at a $100 million valuation a year after it was founded. Mistral, another European startup set up by ex-Facebook and DeepMind staffers, raised $113 million a month after it was founded. AI has been of particular interest to investors with similar hype surrounding a deal for London-based text-to-voice startup ElevenLabs. Industry stakeholders believe that teams springing from already successful companies to set up their own startups will be very attractive with some predicting startups founded between 2022 and 2024 primed to be very in demand in the future.

Persons: Andreessen Horowitz, David Schreiber, Duco van, Pivot, Marc, Antoine Lacroix, Romain Libeau, Sifted, Filip Dames, Dames Organizations: Google, Mistral, Facebook, Ventures, Cocoa, Club, Cherry Ventures, Sequoia, Industry Locations: Europe, London, Paris, Berlin

☆ Stock futures are little changed ahead of August payrolls report: Live updates
▼ + stars: | 2023-08-31 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on August 31, 2023 in New York City. Stock futures were near the flat line Thursday night as investors came off a mixed trading session and closed out a month that saw losses for all three stock indexes. Futures tied to the Dow Jones Industrial Average added 22 points, or 0.06%. S&P 500 futures hovered just above flat, while Nasdaq 100 futures inched down by 0.04%. Despite a recent string of positive sessions that helped stock indexes trim their monthly losses, the S&P 500 lost 1.77%, while the Nasdaq shed 2.17%.

Persons: Athletica, Dow, Dow Jones, Alex McGrath, it's, McGrath Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dell Technologies, Traders, Federal Reserve, Investors, Dow Locations: New York City

[1/5] The shells of burned houses and buildings are left after wildfires driven by high winds burned across most of the town in Lahaina, Maui, Hawaii, U.S. August 11, 2023. RAPID ADVANCEAuthorities began allowing residents back into west Maui on Friday, though the fire zone in Lahaina remained barricaded. "When I see Lahaina town itself, I cannot describe the feelings I get," said Lacuesta, who was headed to a church shelter next to continue his search. Subsequent updates were focused on the Kula fire, which had burned hundreds of acres and forced some local evacuations. But at around 3:30 p.m., according to the county's updates, the Lahaina fire flared up.

Persons: Anne Lopez, Josh Green, Dacruz, We'll, Lacuesta, a.m, Mike Blake, Marco Garcia, Joseph Ax, Daniel Wallis Organizations: Hawai'i Department of Land, Natural Resources, REUTERS, Federal Emergency Management Agency, FEMA, CNN, Facebook, Thomson Locations: Lahaina, Maui, Hawaii, U.S, REUTERS KAHULUI, Kahului, Kula, Maui County, Honolulu , Hawaii

Search resuls for: "Sifted"

25 mentions found