DIRS.INFO The most relevant business & tech news

☆ Taylor Swift's candid promo video for 'Fortnight' is filled with cute references to her relationship with Travis Kelce
▼ + stars: | 2024-04-22 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

Taylor Swift shared a promotional video for her single "Fortnight" and it's full of references to her beau. Swift's video has been viewed almost 40 million times since it was first uploaded. A peck on the cheekScreengrab from Taylor Swift's #ForAFortnightChallenge YouTube Shorts video. Making cinnamon rollsIn this screengrab from Taylor Swift's #ForAFortnightChallenge YouTube Shorts video, the singer can be seen making cinnamon rolls. A Kansas City Chiefs pickleball paddleIn this screengrab from Taylor Swift's #ForAFortnightChallenge YouTube Shorts video, she can be seen holding a Kansas City Chiefs paddleboard.

Persons: Taylor Swift, Travis Kelce, Swift, peck, —, she's, Kelce, Taylor, Kelce didn't, Bernie Kosar, Tobin, Leroy, Travis, Kosar, Swifties, Jason, Post Malone — Organizations: Poets Department, Spotify, Apple Music, Amazon Music, Service, YouTube, NFL, University of Kansas, KU, University of Cincinnati, Kansas City Chiefs, Chiefs, Target, Amazon Locations: The, Singapore

☆ How rising inflation could impact November election
▼ + stars: | 2024-04-11 | 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 EmailHow rising inflation could impact November electionTobin Marcus, Wolfe Research head of policy and politics, joins 'Squawk Box' to discuss why he believes voters' anger about inflation is one of the most significant headwinds for President Biden heading into the November election, the political impact of rising inflation, and more.

Persons: Tobin Marcus, Wolfe, Biden Organizations: Wolfe Research

Taiwan Semiconductor Manufacturing Company is transforming the small Japanese farm town of Kikuyo into a key node in Asia’s chip supply chain. TSMC, as the company is known, dominates the global semiconductor business. At its home base in Taiwan, TSMC sits at the center of a web of factories, suppliers and engineering firms. In February, TSMC opened a factory, known as a chip “fab,” for fabricator, on a ridge overlooking Kikuyo. The Japanese electronics giants Sony, Denso and Toyota, major buyers of TSMC semiconductors, are investing huge sums in TSMC’s Japan subsidiary.

Persons: TSMC Organizations: Taiwan Semiconductor Manufacturing Company, Sony, Toyota, TSMC’s Locations: Kikuyo, Taiwan, Japan, TSMC’s Japan

When the largest earthquake in Taiwan in half a century struck off its east coast, the buildings in the closest city, Hualien, swayed and rocked. As more than 300 aftershocks rocked the island over the next 24 hours to Thursday morning, the buildings shook again and again. One of them, the rounded, red brick Uranus Building, which leaned precariously after its first floors collapsed, was mostly drawing curious onlookers. The building is a reminder of how much Taiwan has prepared for disasters like the magnitude-7.4 earthquake that jolted the island on Wednesday. Of Taiwan, he added: “And most of these deaths, it seems, have come from rock slides and boulders, rather than building collapses.”

Persons: ”, Daniel Aldrich Organizations: Global Resilience, Northeastern University Locations: Taiwan, Hualien

☆ These US restaurants and chefs are 2024 James Beard Award finalists
▼ + stars: | 2024-04-03 | by ( Marnie Hunter | ) edition.cnn.com time to read: +9 min

CNN —A New Orleans restaurant featuring a modern Senegalese tasting menu and an Ethiopia-born chef who studied psychology before turning to a culinary career are among the restaurants and chefs named as finalists for the coveted James Beard Awards. The finalists for the Restaurant and Chef Awards were announced Wednesday in Washington, DC. In the Emerging Chef category, Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists. Masako Morishita moved to Washington, DC to be a cheerleader for the Washington Commanders. Fariyal Abdullahi, executive chef at Hav & Mar in New York, is among the five finalists in the Emerging Chef category.

Persons: James Beard, Fariyal Abdullahi, Abdullahi, Chef Marcus Samuelsson’s, Masako Morishita, Andy Thomas Lee, Chef Serigne Mbaye’s, Sarah Minnick, Dean Neff, foodie, James Beard’s, “, ” Beard, Mamba, Nadia Nijimbere, Yenvy Pham, Phở, Chris Viaud, Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Michael Rafidi, Renee Touponce, David Uygur, Dallas , TX, Scott Suchman, Justin Hamel, Janet Becerra, Ryan Fernandez, Baker, Susan Bae, Jesus Brazon, Manuel Brazon, Atsuko Fujimoto, Crystal Kass, Valentine, Anna Posey, Gemma, Lula Drake Wine, Morris, Vin, Geoff Davis, Rogelio Garcia, Auro, Maynard Llera, Kuya, Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, OHJose Salazar, Sarkar, Hajime Sato, Sozai, Jenner, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, Kristi Brown, Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Rod Lassiter, Parnass Savang, James London, Chubby Fish, Robbie Robinson, Paul Smith, Valerie Chang, Hunter Evans, Jackson, Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, Eduardo Rodriguez, Zacatlán, Emmanuel Chavez, Christopher Cullum, Cullum’s Attaboy, Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Lyric Opera, Hav, Culinary Institute of America, Noma, Mar, Washington Commanders, Dakar NOLA, Texas :, James Beard Foundation, The New York Times, D.C, Albi Restaurant, Washington Post, New York Times, Nikko, SC, Comfort, Dakar, Caracas Bakery, Lula, Woodford Food & Beverage, Beverages, Social Haus, UT, New, Pacific, PR Locations: New Orleans, Ethiopia, Washington ,, Chicago, New York, Copenhagen, Washington, Perry’s, Portland , Oregon, Wilmington , North Carolina, Texas, Texas : West Texas, Marfa, Mixtli, San Antonio, Detroit , MI, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington , NC, Albi , Washington, The, Lucia, Dallas ,, Albi, Washington , DC, Santa Fe, Marfa , TX, San Antonio , TX, Springs, , New York, NY, Pancita, Kultura, Charleston, Southern Junction, Buffalo , NY, Waitsburg, Lockhart , TX, Carmel, CA, Dorchester, MA, Dakar NOLA , New Orleans, LA, Hayward, McMinnville, Orlando, FL, Nashville, TN, Nixta , Minneapolis, MN, Shan, Bozeman, Albuquerque, NM, Long Beach , CA, Hudson, Bakery, Caracas, Doral, Miami, Phoenix, AZ, Elske, IL, Son, Raleigh , NC, Dallas , TX, Columbia, San Francisco , CA, Anaheim , Anaheim , CA, , Washington, Buffalo, Montpelier, VT, Baltimore, , New Orleans, Brownsville , TX, San Francisco ,, California, Burdell, Oakland, Calistoga, Los Angeles , CA, San Diego , CA, Kru, Sacramento, Lakes, MI, Cleveland, Mita’s, Cincinnati, Indienne, Clawson , MI, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MO, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee , WI, Hai Hai , Minneapolis, Omaha, UT, Greenough, MT, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence , RI, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, NC, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, Bacanora, Oklahoma City, Henderson, NV, Mesa, Tatemó, Houston , TX, Austin , TX, Mission

It was so strong it set off tsunami warnings in Japan, China and the Philippines. But then, even in a fault-riddled place with long and hard experience with earthquakes, the jolt of aftershock after aftershock was startling, continuing every few minutes throughout the day. The magnitude-7.4 quake killed nine and injured at least 1,011 others, stretching an expert quake response system that has served as a model in other places. In Hualien County, close to the epicenter, 71 people were trapped in two mining areas as of Wednesday night and dozens of others were stranded, according to officials. Around 14,000 households were without water, and 1,000 households were without power.

Persons: aftershock Locations: Taiwan, Japan, China, Philippines, Hualien County

The temblor set off at least nine landslides, collapsing hillsides onto the Suhua Highway in Hualien, according to local media reports. The quake was centered in the waters off Hualien, according to the United States Geological Survey. The epicenter was about 10 miles under the earth’s surface, according to Taiwan. Here is the latest: In Japan, tsunami waves as high as 30 centimeters hit the shore on Yonaguni Island at 9:14 a.m. local time. People in China took to social media saying they felt the tremors as far as away as Hangzhou, Xiamen, and Shanghai.

Persons: Tobin, Motoko Rich Organizations: Rail, United States Geological Survey, Weather Administration, U.S . Pacific, Warning Locations: Taiwan, Japan, Hualien, Taiwan’s, Taipei, People, China, Hangzhou, Xiamen, Shanghai

☆ Strong Quake Strikes Taiwan, Setting Off Tsunami Warning in Japan
▼ + stars: | 2024-04-02 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: 1 min

In Japan, according to the broadcaster NHK, tsunami waves as high as 30 centimeters had already started hitting the shore on Yonaguni Island at 9:14 a.m. local time. Residents on Okinawa, Miyako and Yaeyama islands in southern Japan were told to get as far away from coastal areas as possible. According to NHK, the tsunamis were expected to hit the islands shortly after 10 a.m., with waves as high as 3 meters, or 10 feet, on Miyako and Yaeyama. Motoko Rich contributed reporting from Tokyo.

Persons: Motoko Rich Organizations: NHK Locations: Japan, Okinawa, Miyako, Tokyo

For years, Apple dominated the market for high-end smartphones in China. But evidence is mounting that, for many in China, the iPhone no longer holds the appeal it used to. Meanwhile, sales for one of Apple’s longstanding Chinese rivals, Huawei, surged 64 percent. Analysts say its latest product, a $3,500 virtual reality headset released in February, is still years away from gaining mainstream appeal. For a decade, China has been the iPhone’s most important market after the United States and accounted for roughly 20 percent of Apple’s sales.

Organizations: Apple, Research, Huawei, Analysts Locations: China, U.S, United States, Beijing

☆ Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
▼ + stars: | 2024-03-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +9 min

First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.

Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston

☆ What China Is Saying About the TikTok Furor in Washington
▼ + stars: | 2024-03-15 | by ( Meaghan Tobin | Siyi Zhao | ) www.nytimes.com time to read: +1 min

This is not the first time that China has seen a frenzy over TikTok consume Washington. In 2020, former President Donald J. Trump issued an executive order that would have forced TikTok’s Chinese owners to sell the popular app. Now, U.S. lawmakers are again attempting to force ByteDance, TikTok’s Chinese owner, to give up control of the app. Instead, officials in Beijing have blasted the bill but largely reiterated common criticisms of U.S. policy as unfair to China. Mr. Trump, the expected Republican presidential nominee, has said he opposes the bill despite his 2020 executive order against TikTok.

Persons: Donald J, Trump, ByteDance Organizations: TikTok Locations: China, Washington, Beijing, Montana, U.S, United States

☆ Why Taiwan Is Building a Satellite Network Without Elon Musk
▼ + stars: | 2024-03-14 | by ( Meaghan Tobin | John Liu | ) www.nytimes.com time to read: 1 min

In Taiwan, the government is racing to do what no country or even company has been able to: build an alternative to Starlink, the satellite internet service operated by Elon Musk’s rocket company, SpaceX. Starlink has allowed militaries, power plants and medical workers to maintain crucial online connections when primary infrastructure has failed in emergencies, such as an earthquake in Tonga and Russia’s invasion of Ukraine. Officials in Taiwan face constant reminders that its communication infrastructure must be able to withstand a crisis. The island democracy sits 80 miles from China, where leaders have vowed to use force if needed to assert claims that Taiwan is part of its territory. Taiwan experiences regular cyberattacks and near-daily incursions into its waters and airspace by the People’s Liberation Army, which has been built up in recent years.

Persons: Starlink Organizations: Elon Musk’s, SpaceX, Officials, People’s Liberation Army Locations: Taiwan, Tonga, Ukraine, China

☆ The TikTok bill will most likely grind to a halt in the Senate, says Wolfe Research's Tobin Marcus
▼ + stars: | 2024-03-13 | 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 EmailThe TikTok bill will most likely grind to a halt in the Senate, says Wolfe Research's Tobin MarcusTobin Marcus, Wolfe Research head of policy and politics, joins 'Squawk Box' to discuss the House vote today on whether to ban the social media app TikTok, whether the bill can pass both the House and Senate, the potential long-term risks of a ban, and more.

Persons: Wolfe Research's Tobin Marcus Tobin Marcus, Wolfe Organizations: Wolfe Research, Senate

☆ China Condemns U.S. Proposal to Force the Sale of TikTok
▼ + stars: | 2024-03-13 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: +1 min

China on Wednesday condemned U.S. lawmakers’ push to force the Chinese parent company of TikTok to sell the popular short video platform. Lawmakers say that Beijing could use TikTok to spread Chinese Communist Party messages or gain access to sensitive data about TikTok’s American users. Beijing rejected concerns that the app was a danger to the United States. China has opposed previous efforts in the United States to force ByteDance to give up TikTok. The fervor over the House bill is the latest episode in a yearslong saga over the app’s future in the United States.

Persons: TikTok, ”, Wang Wenbin, ByteDance Organizations: Wednesday, U.S, Communist Party Locations: China, Washington, Beijing, United States, U.S

Oklahoma and Kentucky are also taking steps to clarify their abortion bans, though in both states the attorneys general, not physicians, are the ones dictating the terms. Since the U.S. Supreme Court overturned the constitutional right to abortion in 2022, states have been free to enact their own restrictions. “It’s not going to deal with hard calls,” said Greer Donley, an associate professor at the University of Pittsburgh School of Law who is an expert on abortion law. As some states mull how to clarify — without weakening — their abortion bans, abortion rights advocates in several states continue to challenge the bans with lawsuits. Frustrated with the board's inaction, Amy and Steven Bresnen, a couple who are lawyers and lobbyists, filed a petition in January asking it to clarify what circumstances qualify as medical exceptions to the state's abortion ban.

Persons: —, Kristi Noem, ”, Kelsey Pritchard, wasn't, Taylor Rehfeldt, anesthetist, It's, “ It’s, Greer Donley, “, Sen, Erin Tobin, ” Tobin, women's, Jonathan Skrmetti, Donley, “ That’s, Katie Cox's, Greg Abbott, Amy, Steven Bresnen Organizations: —, Republican, Dakota Legislature, Republican Gov, SBA Pro, U.S, Supreme, State Republican Rep, GOP, University of Pittsburgh School of Law, ” South, ” South Dakota Republican, Texas, Tennessee, Lone Star, Texas Medical Board, Texas Medical Locations: Tenn, U.S, “ South Dakota, South Dakota, Kelsey Pritchard . Oklahoma, Kentucky, Oklahoma, ”, ” South Dakota, mull, Tennessee, ” In Texas, Texas

Credits“The Run-Up” is hosted by Astead W. Herndon and produced by Anna Foley , Elisa Gutierrez and Caitlin O’Keefe . The show is edited by Rachel Dry , Lisa Tobin and Frannie Carr Toth . Engineering by Sophia Lanman and original music by Dan Powell , Marion Lozano , Pat McCusker , Diane Wong and Elisheba Ittoop . Fact-checking by Caitlin Love. Special thanks to Paula Szuchman, Sam Dolnick, Larissa Anderson, David Halbfinger, Renan Borelli, Mahima Chablani, Jeffrey Miranda and Maddy Masiello.

Persons: Astead W, Herndon, Anna Foley, Elisa Gutierrez, Caitlin O’Keefe, Rachel Dry, Lisa Tobin, Frannie Carr Toth, Sophia Lanman, Dan Powell, Marion Lozano, Pat McCusker, Diane Wong, Elisheba, Caitlin Love, Paula Szuchman, Sam Dolnick, Larissa Anderson, David Halbfinger, Renan Borelli, Mahima Chablani, Jeffrey Miranda, Maddy Masiello

☆ House Speaker Johnson knows shutdowns aren't good for Republicans politically, says Tobin Marcus
▼ + stars: | 2024-02-28 | 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 EmailHouse Speaker Johnson knows shutdowns aren't good for Republicans politically, says Tobin MarcusTobin Marcus, Wolfe Research head of policy and politics, joins 'Squawk Box' to discuss the latest negotiations on Capitol Hill to avert a government shutdown, whether a deal can be reached to keep the government fully open, biggest concerns for investors, and more.

Persons: Johnson, shutdowns, Tobin Marcus Tobin Marcus, Wolfe Organizations: Email, Republicans, Wolfe Research, Capitol

☆ Lionel Messi’s last-gasp goal earns Inter Miami a draw against LA Galaxy in front of star-studded crowd
▼ + stars: | 2024-02-26 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The stars were out in force to watch Lionel Messi’s Inter Miami against LA Galaxy in Sunday’s 1-1 draw – and the Argentine, unsurprisingly, didn’t disappoint. LA Galaxy, once a home for some of Major League Soccer’s superstar signings following David Beckham’s arrival in 2007, took the lead in the 75th minute through Serbian striker Dejan Joveljić. Despite its new star-studded lineup, which now also features Luis Saurez, Jordi Alba and Sergio Busquets, Inter Miami was thoroughly outplayed for much of the match and looked to be heading for defeat until Messi’s intervention in the 92nd minute. Former Galaxy star Beckham, who has a statue outside of the the club’s stadium and is now a part-owner of Inter Miami, didn’t celebrate the equalizing goal against his former team. Actors Edward Norton and Liv Tyler watched alongside David Beckham and son Brooklyn Beckham.

Persons: Lionel Messi’s, Novak Djokovic, Halle Berry, Edward Norton, Liv Tyler, Anderson Paak, Tobin Heath, Diana Taurasi, David Beckham’s, Dejan Joveljić, Luis Saurez, Jordi Alba, Sergio Busquets, Kevork Djansezian, Messi, Alba, John McCarthy, Marco Delgado, Busquets, Beckham, “, Riqui Puig, Gerardo Martino, ” Martino, Joseph Paintsil, David Beckham, Brooklyn Beckham, Leo, ”, Cristiano Ronaldo Organizations: CNN, Lionel Messi’s Inter Miami, LA Galaxy, Argentine, Christen Press, Major League, Serbian, Inter Miami, Barcelona, Galaxy, Miami, didn’t, North, Messi Locations: Miami, Argentina, North America

A jury of 12 people and five alternates was seated for the trial of Adam Montgomery, 34, in Manchester. His daughter, Harmony Montgomery, disappeared in 2019, but police didn't know she was missing until two years later. Adam Montgomery pleaded not guilty in 2022 to charges of second-degree murder, abuse of a corpse, falsifying physical evidence, assault and witness tampering. For the next three months, investigators allege, Adam moved the body from container to container and place to place. Investigators allege that Adam Montgomery disposed of the body in March 2020 using a rented moving truck.

Persons: Adam Montgomery, Harmony Montgomery, Amy Messer, He’s, “, ” Montgomery, Kayla Montgomery, Harmony, Kayla, Adam, ” Organizations: MANCHESTER, Police Locations: N.H, New Hampshire, Manchester, Massachusetts, tote, Boston, Revere , Massachusetts

☆ Madagascan President's Ex-Aide Offered Influence for Bribes, London Jury Told
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

By Sam TobinLONDON (Reuters) - Madagascan President Andry Rajoelina's ex-chief of staff offered to use her influence to obtain bribes from precious stone miner Gemfields in exchange for help with lucrative mining rights, prosecutors told a London court on Tuesday. Romy Andrianarisoa, 47, is accused of seeking substantial payments from Gemfields between 2021 and 2023 to help the company expand its business into Madagascar. Prosecutor Alex Leach told jurors at Southwark Crown Court that Andrianarisoa was, at the time of the alleged offending, a "trusted adviser" to Rajoelina. At the meeting, Andrianarisoa "made it clear she had direct influence on the president", Leach added. He said Gemfields later approached Britain's National Crime Agency (NCA) after it became clear Andrianarisoa and her associate Philippe Tabuteau were seeking a bribe.

Persons: Sam Tobin LONDON, Andry Rajoelina's, Romy Andrianarisoa, Andrianarisoa, Alex Leach, Leach, Sean Gilbertson, Gemfields, Britain's, Philippe Tabuteau, Tabuteau, Sam Tobin, Bernadette Baum Organizations: Southwark Crown, Crime Agency, NCA, Gemfields Locations: London, Gemfields, Madagascar, Southwark, Tabuteau

The remains of Harmony Montgomery have not been found and her father, Adam Montgomery, pleaded not guilty in 2022. A key prosecution witness is expected to be Adam's estranged wife, Kayla Montgomery, who is serving an 18-month prison sentence after pleading guilty to perjury charges. According to an affidavit, Kayla Montgomery told police that her husband killed Harmony on Dec. 7, 2019, while the family lived in their car. The couple noticed Harmony was dead hours later when the car broke down, at which time Adam Montgomery put her body in a duffel bag, Kayla Montgomery said. For the next three months, investigators allege, Adam Montgomery moved the body from container to container and place to place.

Persons: Harmony Montgomery, Adam Montgomery, “, ” Montgomery, Harmony, hadn't, “ I’m, Allen Aldenberg, Kayla Montgomery, ”, Montgomery Organizations: CONCORD, Police Locations: N.H, New Hampshire, Manchester , New Hampshire, Massachusetts, Manchester, tote, Boston, Revere , Massachusetts

☆ New photos show a young Taylor Swift as Sandy in a childhood production of 'Grease'
▼ + stars: | 2024-02-04 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Taylor Swift once played the main role of Sandy in a production of "Grease." Her former costar Tobin Mitnick shared photos on Instagram of tween Swift onstage. "Thank you mom for digging these pics of @taylorswift and I... out of storage," Mitnick wrote. AdvertisementTaylor Swift once played Sandy in a childhood production of "Grease," according to an actor who said he starred alongside the singer. AdvertisementPer Mitnick, his starring role with Swift was never a secret — he had previously shared that Swift had starred alongside him in "Grease."

Persons: Taylor Swift, Sandy, Tobin Mitnick, tween Swift, Mitnick, —, Danny Zuko's greased, Swift, Birdie, Annie, Michael Mitnick, Tobin, Travis Kelce Organizations: Service, Sandy, Berks Youth Theatre Academy, Kansas City Chiefs, Business

☆ Lenders are bailing out of commercial real estate as a wave of debt builds
▼ + stars: | 2024-01-30 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Roughly $2.1 trillion of debt connected to commercial real estate assets, including office properties, apartment buildings, hotels, and retail spaces, will come due between now and the end of 2025 in the US, according to the real estate services firm JLL. The wave of maturities and the enormous equity shortfalls have raised concerns that a growing number of commercial real estate debts will fall into distress, forcing banks and other lenders to suffer losses. His group tracked about $15 billion of commercial property debt sales during the year, roughly three times the volume from 2022. Commercial real estate loans differ from residential mortgages taken by homeowners in that most are interest-only or pay down their principal balance minimally and span a decade or less. More banks are exploring loan salesBanks and other lenders generally aren't eager to seize the real estate assets that collateralize their debt.

Persons: Jerry, Stephen Scouten, Piper Sandler, it's, Kevin Aussef, Aussef, David Tobin, Marcus, Millichap, Synovus, Tobin, David Frosh, they're, Frosh, Fitch, David Blumberg, we'd, Blumberg, Daniel Geiger, Rob Verrone, Banks, You've, Bliss Morris, Morris Organizations: Amerant Bank, Business, Banking, CIBC, Mission, PacWest, HSBC, Fidelity, Funding Inc, Blackstone, Bloomberg, Broadway, Aon Center, 601W Companies, Iron Hound Management, First Financial Locations: Coral Gables , Florida, Houston, Canadian, Brookfield, Los Angeles, Columbus, Manhattan, Midland, Chicago, Oklahoma City, New York

☆ The housing market is heating back up. But only a small percentage of new homes are fully-built.
▼ + stars: | 2024-01-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Read previewNew-home sales rebounded in December, rising 8% as homebuyers rushed to take advantage of falling mortgage rates, US Census Bureau data shows. But while consumers appear eager to re-engage with the housing market, new purchases don't mean an immediate move-in for some. This decline from 8% peak levels in October was spurred by bets that the Federal Reserve would start cutting interest rates. Of that, new homes took on a bigger share of the inventory, as high mortgage rates kept homeowners from selling. Still, NAHB's CEO Jim Tobin separately expects construction and demand to take off in 2024, once consumers realize ultra-low mortgage rates aren't coming back.

Persons: —, homebuyers, Skillington, Jim Tobin Organizations: Service, Business, Federal Reserve, National Association of Homebuilders

☆ The housing market will take off in a 2024 renaissance as construction, demand are set to surge, National Association of Home Builders CEO says
▼ + stars: | 2024-01-19 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewThe housing market is about to exit its slowdown and take off in a new growth period, according to National Association of Home Builders CEO Jim Tobin. AdvertisementThat's partly because mortgage rates have continued their steady decline in recent months. At the same time, prospective buyers are likely warming up to the new norm of 6% mortgage rates, and could be readying themselves to jump back into the housing market, he said. "I think that the world is getting ready to realize that we're no longer going back to those 3%-4% mortgage rates. Improving affordability conditions could cause home sales to jump 5% while home prices decline 1% in 2024, according to Redfin.

Persons: —, Jim Tobin, Tobin, Freddie Mac Organizations: Service, National Association of Home Builders, Business, Yahoo Finance, Mortgage, Association . Housing

Search resuls for: "Tobin"

25 mentions found