DIRS.INFO The most relevant business & tech news

☆ Starting to hit our strike after slow October, early November: L.L. Bean CEO
▼ + stars: | 2023-11-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarting to hit our strike after slow October, early November: L.L. Bean CEOL.L. Bean CEO Stephen Smith joins 'Squawk on the Street' to discuss the company's business this holiday season, why there's some pessimism in the retail sector, and what's happening with prices.

Persons: Bean, L.L, Stephen Smith

Youngest brother Ted Kennedy was elected to John F. Kennedy's former Senate seat in Massachusetts. Ted Kennedy became a revered liberal voice and legislator, while Shriver was chosen as George McGovern's running mate in their unsuccessful 1972 presidential campaign. The last of President Kennedy's surviving siblings, former U.S. ambassador to Ireland Jean Smith, died in 2020. Robert F. Kennedy's widow, Ethel, is in her 90s and rarely comments publicly. Starting in 1968, after the assassination of Robert Kennedy, Ted Kennedy was the family's standard bearer and chosen orator.

Persons: — Patrick Kennedy, Sen, Ted Kennedy, John F, Kennedy, “, Republican David Dumas, ’, Patrick Kennedy, President Kennedy, Robert F, Kennedy Jr, Kerry Kennedy, Jack Schlossberg, ”, Thurston Clarke, Robert . “, Clarke, Robert Kennedy Jr, Patrick, John Francis “ Honey Fitz ” Fitzgerald, JFK's, Robert Kennedy, Sargent Shriver, Stephen Smith, Jacqueline Kennedy's, Shriver, George McGovern's, Joseph Kennedy II, Robert's, Kathleen Kennedy Townsend, Arnold Schwarzenegger, Maria Shriver, Caroline Kennedy, Hillary Clinton, Clinton, Barack Obama, David Paterson, Sean Wilentz, ” Patrick Kennedy, Amy, —, Richard Goodwin, Kennedy's, Ireland Jean Smith, Ethel, Caroline’s, Obama, Biden, Julian E, Zelizer, Robert, Robert Jr, ” Robert F, Caroline, Joseph Kennedy III, Victoria Reggie Kennedy, Ted Kennedy's, ” Timothy Shriver, Eunice Shriver, Kerry's, Rory Kennedy, Larry Sabato, hasn’t, “ I've Organizations: Republican, JFK, Boston Mayor, Peace Corps, White House, Senate, New York Gov, White, RFK Jr, Progress, Mental Health, RFK Human Rights Locations: Rhode Island, Massachusetts, Maryland, U.S, Ireland, Japan, Australia, Northern Ireland, Austria, Mississippi, Iraq

☆ The Best True Crime to Stream: Family Matters
▼ + stars: | 2023-11-20 | by ( Maya Salam | More About Maya Salam | ) www.nytimes.com time to read: +1 min

The series incorporates interviews with friends, employees and acquaintances of the Murdaughs as well as with police, and incorporates a lot of home video footage of the family. Prepare to be stunned by how brazenly they move through their community, and the shamelessness with which they wield their power. But perhaps it is technology’s undeniable influence on the outcome of Alex Murdaugh’s trial that is the most jaw-dropping — for now. PodcastWhat “American Scandal,” from Wondery, does best is to give every story it tackles the time it needs for a full telling with the required context. And members of the tremendously influential Hearst family are found everywhere, starting with their influence on Patty, who moved to strike out on her own after growing disillusioned with their wealth and lifestyle, to the family’s public negotiations with her captors.

Persons: Mallory Beach, Paul, Stephen Smith, Gloria Satterfield, Alex Murdaugh’s, I’d, Patty Hearst —, William Randolph Hearst, Symbionese Liberation Army —, It’s, Hearst, Patty Organizations: Symbionese Liberation Army Locations: Mallory, Wondery

"She ignored the public trial right entirely. Scott Berry, Spearman's federal public defender, declined to comment, as did a Justice Department spokesperson. Five former federal judges -- four appointed by Democrats and one by a Republican -- said in interviews that Cannon’s errors likely reflect relative inexperience on the bench. A public trial also has been found to implicate First Amendment rights of freedom of assembly, speech and press. One of the pivotal Supreme Court cases on the right to a public trial is Waller v. Georgia.

Persons: Aileen Cannon, Donald Trump's, Cannon, Trump, William Spearman, Spearman's, Stephen Smith, Spearman, Jeremy Fogel, Scott Berry, Paul Grimm, Grimm, Brian Steel, Mark Bennett, It's, Waller, Berry, Greg Schiller, Schiller, Clara's Smith, Jacqueline Thomsen, Sarah N, Lynch, Will Dunham, Scott Malone Organizations: U.S ., Dirksen, Trump, WASHINGTON, Reuters, U.S, Constitution's, Santa Clara School of Law, Berkeley Judicial, Republican, Duke Law School, Supreme, Chief U.S, Northern, Northern District of, . Georgia, Senate, Circuit, Appeals, FBI, Trump's Mar, Thomson Locations: Florida, Washington , U.S, Alabama, Cannon, California, Maryland, Northern District, Northern District of Iowa, ., Atlanta, Trump's, Lago, Washington, New York, U.S

A defendant's right to a public trial is enshrined in the U.S. Constitution's Sixth Amendment. "She ignored the public trial right entirely. A public trial also has been found to implicate First Amendment rights of freedom of assembly, speech and press. Scott Berry, a federal public defender representing Spearman, declined to comment, as did a Justice Department spokesperson. LIMITED EXPERIENCEAs a judge, Cannon so far has presided over four criminal trials that resulted in jury verdicts.

Persons: Aileen Cannon, Donald Trump's, Cannon, Trump, William Spearman, Stephen Smith, Jeremy Fogel, Fogel, Mark Bennett, It's, Scott Berry, Spearman, Paul Grimm, Grimm, Berry, Greg Schiller, Schiller, Spearman's, Clara's Smith, Jacqueline Thomsen, Sarah N, Lynch, Will Dunham, Scott Malone Organizations: U.S ., Dirksen, Trump, WASHINGTON, Reuters, Constitution's, Santa Clara School of Law, U.S, Supreme, Democratic, Republican, Berkeley Judicial, Chief U.S, Northern, Northern District of, Senate, Circuit, Appeals, FBI, Trump's Mar, Duke Law School, Thomson Locations: Florida, Washington , U.S, Alabama, U.S, California, Fort Pierce , Florida, Northern District, Northern District of Iowa, Atlanta, Trump's, Lago, Maryland, North Carolina

☆ Australia's central bank holds rates, signals more hikes might be required
▼ + stars: | 2023-07-04 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

SYDNEY, July 4 (Reuters) - Australia's central bank on Tuesday held interest rates steady saying it wanted more time to assess the impact of past hikes, but reiterated its warning that further tightening might be needed to bring inflation to heel. Reuters GraphicsIn Tuesday's policy statement, RBA Governor Philip Lowe said that higher interest rates are working to establish a more sustainable balance between supply and demand in the economy. "In light of this and the uncertainty surrounding the economic outlook, the Board decided to hold interest rates steady this month." Global policymakers are still grappling with relatively high inflation despite sweeping rate increases for more than a year. Both the Federal Reserve and the European Central Bank are almost certain to hike by a quarter-point this month, which could pressure an already soft Australian dollar.

Persons: Philip Lowe, Lowe, Stephen Smith, Marcel Thieliant, Reuters Graphics Lowe, Stella Qiu, Wayne Cole, Shri Navaratnam Organizations: SYDNEY, Reserve Bank of Australia, Reuters, Deloitte, Capital Economics, Global, Federal Reserve, European Central Bank, Thomson

[1/2] The entry to the Home Capital Group's headquarters is seen at an office tower in the financial district of Toronto, Ontario, Canada May 1, 2017. REUTERS/Chris HelgrenTORONTO, April 4 (Reuters) - Canada's antitrust regulator said on Tuesday it is reviewing the potential acquisition of Canadian lender Home Capital Group Inc (HCG.TO) by privately held peer Smith Financial Corp."I can confirm that the Competition Bureau is reviewing the potential acquisition of Home Capital Group by Smith Financial Corporation," a spokesperson for the regulator said in an email to Reuters. Home Capital and Smith Financial were unavailable to immediately provide comment. Home Capital, rescued by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) five years ago, announced in November it would be taken private by Smith Financial in a C$1.7 billion ($1.27 billion) deal. Smith Financial is controlled by Stephen Smith, the co-founder of Home Capital's larger rival First National Financial Corp (FN.TO) and a top shareholder of lender EQB Inc (EQB.TO).

☆ Digital health's funding slump isn't a death sentence. Here's what startups are doing to stand out to investors.
▼ + stars: | 2023-02-13 | by ( Rebecca Torrence | Blake Dodge | ) www.businessinsider.com time to read: +5 min

It's getting harder for digital-health startups to get investor attention. Fewer digital-health startups are fundraising, and the ones that are will be held to higher standards than before, investors told Insider. This year, a smaller group of digital-health startups is beginning to stand out. "It's been amazing to watch what this business has accomplished," she told Insider. Quantum is already earning enough to fund itself, Zane Burke, the CEO of Quantum, told Insider.

☆ See the 10-slide presentation a hot mental-health startup used to win over Cigna Ventures and raise $34 million
▼ + stars: | 2023-02-07 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

NOCD in January raised $34 million as digital-health funding tumbles. In a brutal time to raise money from investors, the mental-health startup NOCD, which provides care for people with obsessive-compulsive disorder, just raised $34 million. Cigna Ventures, the health-insurance giant's venture-capital arm, and 7wireVentures, a prominent healthtech venture-capital firm, co-led the round, bringing NOCD's total funding to $84 million. NOCD shared with Insider the presentation that helped it land $34 million from Cigna Ventures and 7wireVentures. Here's the deck NOCD used to raise $34 million from top investors.

☆ Inside digital health's reckoning, where once-hot startups are suddenly scrambling for cash
▼ + stars: | 2023-01-31 | by ( Blake Dodge | Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

Analysts and CEOs told Insider more than half of healthcare startups will shut down by 2024. Healthcare startups looking to stay afloat have been laying off employees left and right. The online pharmacy Truepill burned through its cash as it struggled to fill prescriptions efficiently, two former employees told Insider. A spokesperson for Truepill told Insider in an email that the company's burn rate was in line with its projections. Courtesy NOCDWhile the broader economic pressures will hurt many startups that can't raise, it may help others, experts told Insider.

☆ We're feeling really bullish about the holiday season, says L.L. Bean CEO Stephen Smith
▼ + stars: | 2022-11-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're feeling really bullish about the holiday season, says L.L. Bean CEO Stephen SmithL.L. Bean CEO Stephen Smith joins 'Squawk on the Street' to discuss his outlook for the holiday season. He also discusses how the company was able to navigate supply chain issues.

☆ Canadian mortgage lender Home Capital to go private in C$1.7-billion deal
▼ + stars: | 2022-11-21 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Nov 21 (Reuters) - Canada's Home Capital Group Inc (HCG.TO) said on Monday the mortgage lending company would be taken private by Smith Financial Corp in a C$1.7 billion ($1.27 billion) deal. The Toronto-based lender had rebuffed a takeover offer of more than C$28.60 per share from an unnamed buyer, saying it undervalued the company. The deal with Smith Financial includes a "go-shop" period until Dec. 30, during which Home Capital will be allowed to seek other bids. The lender would be delisted after nearly four decades of being a public company when the deal closes, which is expected in the middle of next year. ($1 = 1.3425 Canadian dollars)Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

☆ Summer heat and 'flash drought' dried up the Mississippi River, choking a crucial shipping corridor. It could devastate America's agricultural exports.
▼ + stars: | 2022-10-29 | by ( Morgan Mcfall-Johnsen | Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Drought has driven the Mississippi River to historic low levels, choking US agricultural exports. The Mississippi River basin produces about 92% of US agricultural exports, including 60% of US grain exports, which travel down the river to the Gulf to ship across the world. Coal is in high demand right now, Calhoun said, and the low water levels present a challenge to ship it out of the country. He said higher food prices at the grocery store are just the first way consumers will start feeling the impact of low water levels. A barge tow passes under the Mississippi River bridges in Vicksburg, Mississippi, on October 11, 2022.

☆ A 19th-century shipwreck and human remains were uncovered as the Mississippi River recedes
▼ + stars: | 2022-10-20 | by ( Paola Rosa-Aquino | ) www.businessinsider.com time to read: +4 min

Drought has unearthed a sunken 19th-century shipwreck and human remains in the Mississippi River. In early October, low water levels revealed the old sunken ship along the banks of the Mississippi River in Baton Rouge, Louisiana. A shipwreck is exposed along the banks of the Mississippi River in Baton Rouge, Louisiana, due to low water levels, on October 18, 2022. On Saturday, a woman found human remains while searching for rocks with her family on the banks of the drought-stricken river. The discovery in Mississippi comes after multiple sets of human remains surfaced in recent months in Nevada's Lake Mead — the country's largest reservoir.

☆ Photos show the Mississippi River is so low that it's grounding barges, disrupting the supply chain, and revealing a 19th-century shipwreck
▼ + stars: | 2022-10-20 | by ( Morgan Mcfall-Johnsen | Paola Rosa-Aquino | ) www.businessinsider.com time to read: +8 min

The Mississippi River is receding to historic lows amid drought across the Midwest. A barge tow floats past the exposed banks of the Mississippi River in Vicksburg, Louisiana, on October 11, 2022. Drought is drying the Mississippi River to record lowsA passenger paddle wheeler passes between the river bridges in Vicksburg, Mississippi, on October 11, 2022. Rogelio V. Solis/AP PhotoJust a few months ago, the Mississippi River basin was flooding. In early October, low water levels revealed the old sunken ship along the banks of the Mississippi River in Baton Rouge, Louisiana.

Search resuls for: "Stephen Smith"

15 mentions found