DIRS.INFO The most relevant business & tech news

☆ Tesla shareholders say Elon's influence makes Kimbal Musk and James Murdoch unsuitable for the company's board
▼ + stars: | 2024-05-21 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

A group of Tesla shareholders are urging others to reject Musk's proposed pay package. They also want shareholders to vote against the reelection of board members James Murdoch and Kimbal Musk. The shareholders cited concerns about Murdoch's and Kimbal Musk's personal ties to the Tesla CEO. AdvertisementA group of Tesla shareholders are urging others to vote against the reelection of Kimbal Musk and James Murdoch to the Tesla Board and reject a plan to give Tesla CEO Elon Musk a hefty pay package. Per the shareholders, they believe there is "ample evidence" that Tesla's entire board of directors is "overly beholden to CEO Musk."

Persons: Musk's, James Murdoch, Kimbal, —, Kimbal Musk, Elon Musk, Murdoch, Musk Organizations: Service, Tesla, SEC

In this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Asia-Pacific markets are set to extend gains from Monday as tech shares pushed the Nasdaq Composite to record highs. Nvidia shares gained more than 2% overnight on multiple bullish analyst calls that highlighted the company's preeminent market position. The tech-heavy Nasdaq gained 0.65% to reach an all-time intraday high and close at a record level at 16,794.87. Investors in Asia will be watching for any spillover effect on companies up and down Nvidia's value chain, such as Taiwan's TSMC and Foxconn , as well as South Korea's Samsung Electronics and SK Hynix.

Organizations: Nasdaq, Samsung Electronics, SK Hynix Locations: Asia, Pacific

☆ Buying a dream home in Italy can be a nightmare. This couple says they have the answer
▼ + stars: | 2024-05-20 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

The couple has set up a flourishing business buying properties, restyling and reselling them, ready-to-occupy, helping foreign buyers every step of the way. They hunt for old houses in historical villages in need of a makeover, which once renovated make the perfect summer getaway. The BEFORE picture: The couple find old houses in need of a makeover. The old properties the pair handles are located in small towns where centuries-old traditions survive. I really like old houses and the idea of giving them a second chance: especially when they are abandoned buildings rich with history.

Persons: you’ve, That’s, Bruno Mongiardo, Ginevra dell’Orso, ” Dell’Orso, Dell’Orso, –, ”, “, they’re, Mongiardo, ” Mongiardo, dello Organizations: CNN, Graecia, Bruno Mongiardo Southern, Locals, Foreigners Locations: Italy’s, Calabria, characterful, Isca, Italy’s Calabria, Venice, Milan, Badolato, Calabrian, Sostene, Santa

☆ Live updates: Israel-Hamas war in Gaza, Benny Gantz ultimatum, Netanyahu government in turmoil
▼ + stars: | 2024-05-20 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

Rescue teams' vehicles are seen near the site of the incident of the helicopter carrying Iranian President Ebrahim Raisi in Varzaghan in northwestern Iran, on May 19. It has also brought a decades-long shadow war between Iran and Israel out into the open. But the proxy war continues with Iran-backed militias such as Hamas and Hezbollah continuing to fight Israel’s forces. The powers of Iran's president are ultimately dwarfed by those of Supreme Leader Ayatollah Ali Khamenei, who is the final arbiter of domestic and foreign affairs in the Islamic Republic. That means Iran's clerical establishment, headed by Khamenei, must now find a new leader they can throw their support behind against a backdrop of intense regional insecurity and domestic discontent.

Persons: Ebrahim Raisi, Azin, Israel —, Israel, Mahsa, Raisi, Ayatollah Ali Khamenei, —, Mohammad Mokhbar —, Khamenei Organizations: Moj News Agency, Hamas, Revolutionary Guards, United Locations: Varzaghan, Iran, Gaza, Israel, Damascus, Iranian, Isfahan, United Nations, Islamic Republic

☆ Live updates: Iran President Ebrahim Raisi dead in helicopter crash in East Azerbaijan Province
▼ + stars: | 2024-05-20 | by ( Kathleen Magramo | Jerome Taylor | ) edition.cnn.com time to read: 1 min

Iranian state broadcasters are airing Islamic prayers in between their news broadcasts following the announcement that President Ebrahim Raisi and eight others died after the helicopter they were traveling in crashed in Iran's East Azerbaijan province. Iran's government convened an "urgent meeting" on Monday, according to Iranian state news agency IRNA. A photo shared by IRNA showed that the chair that Raisi usually sits in was vacant and draped with a black sash in memory of the president.

Persons: Ebrahim Raisi, IRNA Organizations: IRNA Locations: Iran's East Azerbaijan province, Iran's

☆ Island time: Why some resorts in the Maldives move their clocks ahead an hour
▼ + stars: | 2024-05-20 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +6 min

Many resorts move their clocks at least one hour ahead of the country’s official time zone – which is five hours ahead of Greenwich Mean Time (GMT+5). The JW Marriott is one of four Maldives properties under the Marriott Group umbrella, alongside St. Regis Maldives Vommuli Resort, the Westin Maldives Miriandhoo Resort and the Ritz-Carlton Maldives, Fari Islands. Video Ad Feedback Inside one of the Maldives' most luxurious resorts 02:30 - Source: CNNSoneva, another luxury resort group with multiple properties around the Maldives, also sets the clocks at its resorts an hour ahead of Male Time. Not every island resort follows island timeVideo Ad Feedback Flying with the barefoot pilots of the Maldives 02:31 - Source: CNNNot every resort in the Maldives follows island time. “Here at Kurumba Maldives we don’t use island time and never have, simply because as the first resort in the Maldives the concept of island time didn’t exist,” says Ali Farooq, resort manager at Kurumba, which opened in 1972.

Persons: Mohit Dembla, Matteo Colombo, ”, Zhilah Vego, CNN Soneva, Soneva Jani, Jani Time, Charles Morris, “, –, Regis, Ali Farooq, Marriott’s Organizations: CNN, JW, Spa, CNN Travel, Marriott, Marriott Group, St, Regis, Westin, Ritz, Carlton Maldives, GM, ” Staff, Maldives ’, butlers, Kurumba, Velana International Locations: Maldives, Greenwich, Regis Maldives, Westin Maldives, Fari Islands, Beach, Maldivian, St, Kurumba Maldives, Kurumba, Malé

☆ Tesla's chair confirms she's had tough conversations about Elon Musk's unexpected social-media posts
▼ + stars: | 2024-05-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk's social media posts have a history of getting him into trouble — and Tesla's chair has admitted they sometimes catch her off guard, too. Robyn Denholm, the chair of Tesla's board, admitted to the Financial Times that she has had "tough conversations" with CEO Elon Musk over his social media posts and said that if she had her way, Twitter, now X, wouldn't exist. Denholm became Tesla's chair in 2018 after Musk stepped down following a settlement with the SEC over the billionaire's infamous "funding secured" tweet. AdvertisementTesla did not immediately respond to a request for comment made outside normal working hours.

Persons: —, Robyn Denholm, Elon Musk, Denholm, Musk, you've, Tesla Organizations: Service, Elon, Financial Times, Twitter, Business, SEC, Wall Street Journal Locations: Delaware, Sydney

☆ There's definitely a weakening in the U.S. labor market: Goldman Sachs Asset Management
▼ + stars: | 2024-05-20 | 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 EmailThere's definitely a weakening in the U.S. labor market: Goldman Sachs Asset ManagementJames Ashley, head of strategic advisory solutions EMEA at Goldman Sachs Asset Management, discusses the Federal Reserve, the outlook for monetary policy and global markets.

Persons: James Ashley Organizations: Goldman, Goldman Sachs Asset Management, Federal Reserve Locations: U.S

☆ Billionaire Dan Snyder funded a movie about Trump. Now he's reportedly furious it's not flattering.
▼ + stars: | 2024-05-20 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Billionaire Dan Snyder funded a biopic about Donald Trump, Variety reports. "The Apprentice," a movie about Trump's early business years, premieres at Cannes on Monday. Now Snyder is getting lawyers involved because the movie isn't positive about Trump, Variety reports. AdvertisementBillionaire and Donald Trump supporter Dan Snyder helped pay for a Donald Trump movie but is now furious after realizing the film isn't actually flattering to Trump, according to a new report from Variety. This story is available exclusively to Business Insider subscribers.

Persons: Dan Snyder, Donald Trump, Snyder, —, Ali Abbasi, Sebastian Stan, Trump, Jeremy Strong, Roy Cohn Organizations: Variety, Cannes, Trump, Service, Business

☆ After Raisi’s Death, Speculation Over Succession Turns to Ayatollah’s Son
▼ + stars: | 2024-05-20 | by ( Erika Solomon | ) www.nytimes.com time to read: +1 min

Yet Mojtaba Khamenei has a powerful influence over a country that rarely sees or hears him. For years, the son of Iran’s supreme leader has been speculated to be a potential candidate to succeed his father, Ayatollah Ali Khamenei. That speculation has grown with the death of Iran’s president, Ebrahim Raisi, who many analysts said was being groomed to replace the supreme leader, who is 85. Mr. Raisi’s death in a helicopter crash on Sunday will not only trigger new presidential elections. Mr. Khamenei, 55, is the second son of the ayatollah’s six children.

Persons: Mojtaba Khamenei, Iran’s, Ayatollah Ali Khamenei, Ebrahim Raisi, Raisi’s, Khamenei’s, ”, Arash Azizi, he’s, Azizi, Mr, Khamenei Organizations: Clemson University, Revolutionary Guards Locations: Iran, Islamic Republic

☆ Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
▼ + stars: | 2024-05-20 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

Energy prices have been relatively stable across the world, including in the United States, which helped devise the plan. But Russia’s war effort in Ukraine is intensifying, making it increasingly clear that efforts by Western allies to squeeze Moscow’s oil revenues are faltering. A variety of factors have allowed Russia to continue profiting from strong oil revenue, including lenient enforcement of the price cap. Russia’s development of an extensive “shadow” fleet of tankers has allowed it to largely circumvent that policy. That has allowed the Russian economy to be more resilient than expected, raising questions about the effectiveness of the coordinated sanctions campaign employed by the G7.

Persons: Biden Organizations: Energy Locations: States, United States, Ukraine, Russia

☆ Wendy's will offer $3 breakfast deal, as rivals such as McDonald's test value meals to drive sales
▼ + stars: | 2024-05-20 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

An exterior view of a Wendy's fast-food restaurant in Bloomsburg, Pennsylvania, on May 19, 2024. Wendy's will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull back on dining out. Last week, CNBC reported the fast-food giant's $5 meal deal would be available in stores for only a month, starting June 25. Wendy's earlier this month reported first-quarter revenue grew a modest 1.1% to $534.8 million. Although higher prices have helped the chain's revenue, they have scared away some low-income customers.

Persons: Wendy's, McDonald's, Ian Borden Organizations: CNBC, Consumers, KFC, Taco Bell, Yum Brands Locations: Bloomsburg , Pennsylvania

☆ Watch CNBC’s full interview with PIMCO's Erin Browne and Payne Capital’s Courtney Garcia
▼ + stars: | 2024-05-20 | 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 EmailWatch CNBC’s full interview with PIMCO's Erin Browne and Payne Capital’s Courtney GarciaPIMCO's Erin Browne and Payne Capital's Courtney Garcia join 'Closing Bell' to discuss what's next for the markets, the cyclical trade, and precious metals.

Persons: PIMCO's Erin Browne, Payne Capital’s Courtney Garcia, Erin Browne, Payne Capital's Courtney Garcia, what's

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, Apple, Tesla, Dell, Micron & more
▼ + stars: | 2024-05-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.

Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, –, Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China

☆ Watch Monday's full episode of the Halftime Report — May 20, 2024
▼ + stars: | 2024-05-20 | 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 EmailWatch Monday's full episode of the Halftime Report — May 20, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.

Persons: CNBC's Scott Wapner Organizations: CNBC PRO

☆ Cramer's Lightning Round: 'Stay away' from Canada Goose
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Abbott Laboratories' year-to-date stock performance. Stock Chart Icon Stock chart icon Nutanix's year-to-date stock performance. Stock Chart Icon Stock chart icon Dutch Bros' year-to-date stock performance. Stock Chart Icon Stock chart icon Canada Goose's year-to-date stock performance. Stock Chart Icon Stock chart icon MeiraGTx's year-to-date stock performance.

Persons: We're, doesn't, Let's, Jim Cramer's Organizations: Abbott Laboratories, Dutch Bros, Canada

☆ Equities still have an upside from today's levels, says BofA's Jill Carey Hall
▼ + stars: | 2024-05-20 | 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 EmailEquities still have an upside from today's levels, says BofA's Jill Carey HallJill Carey Hall, Bank of America Global Research head of small and mid-cap strategy and senior U.S. equity strategist, joins 'Squawk Box' to discuss the strategist's thoughts on market performance, the firm's price target for the indices, and much more.

Persons: Jill Carey Organizations: Jill Carey Hall , Bank of America Global Research

☆ Brent oil gains after Iran's President dies, Saudi flags issue with King's health
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +3 min

Brent crude futures extended gains on Monday, inching up amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and the Saudi crown prince cancelled a Japan trip, citing health issues with the king. Brent gained 10 cents, or 0.1%, to $84.08 a barrel by 0454GMT, after rising to $84.30 earlier, its highest since May 10. He added that WTI prices may rebound further toward $83.50 after rising above the 200-day moving average of $80.02. Despite the volatility in the region, oil prices moved only slightly. "Continuity in Saudi strategy is expected regardless of this health issue," he added.

Persons: Brent, Ebrahim Raisi, Saudi Arabian Crown Prince Mohammed bin Salman, King Salman, Yoshimasa Hayashi, Tony Sycamore, Sycamore, Warren Patterson, Patterson, Saul Kavonic, Prince Mohammed Bin Salman's Organizations: Brent, . West Texas, Saudi, Saudi Arabian Crown, Iranian, IG, ING, The, of, Petroleum, Petroleum Reserve Locations: Fort Stockton , Texas, Saudi, Japan, East Azerbaijan, Saudi Arabian, China, U.S, United States, Washington

☆ How Trump’s Hush-Money Case Failed to Capture America’s Imagination - The New York Times
▼ + stars: | 2024-05-20 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

If I’d pictured Donald Trump’s first criminal trial a few years ago, I’d have imagined the biggest, splashiest story in the world. In a recent Yahoo News/YouGov poll, only 16 percent of respondents said they were following the trial very closely, with an additional 32 percent following it “somewhat” closely. When people were asked how the trial made them feel, the most common response was “bored.” TV ratings tell a similar story. “Network coverage of Donald Trump’s hush money trial has failed to produce blockbuster viewership,” Deadline reported at the end of April. I’m aware of no similar effort to dramatize this trial’s testimony, and I almost never hear ordinary people talking about it.

Persons: Donald Trump’s, ”, Yahoo News’s Andrew Romano, who’d, Robert Mueller’s, Robert DeNiro, Rosie Perez, Laurence Fishburne, you’re, you’ve, Trump, — Organizations: Republican, Yahoo, Cable, MSNBC

☆ Iran’s President Died, Opening a New Chapter of Instability
▼ + stars: | 2024-05-20 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

Ebrahim Raisi, Iran’s president, was killed yesterday in a helicopter crash along with the country’s foreign minister. A conservative Shiite Muslim cleric, Raisi had a hand in brutal crackdowns on opponents of the Islamic Republic, and he was widely viewed as a possible successor to Iran’s supreme leader, Ayatollah Ali Khamenei. “Now there’s also anxiety about what’s going to happen in the future.”Politically, little is likely to change in the short term. Khamenei sets the tone, and the next president will all but certainly follow his lead. Raisi’s death added to the speculation that Khamenei’s son, an invisible but powerful figure, could become the next supreme leader.

Persons: Ebrahim Raisi, Raisi, Iran’s, Ayatollah Ali Khamenei, ”, Khamenei, it’s, Farnaz Fassihi, there’s Organizations: State Locations: Islamic Republic, Iran, Israel

☆ New U.S. tariffs on China are absolutely necessary, says Hayman Capital's Kyle Bass
▼ + stars: | 2024-05-20 | 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 EmailNew U.S. tariffs on China are absolutely necessary, says Hayman Capital's Kyle BassKyle Bass, Hayman Capital founder and CIO, joins 'Squawk Box' to discuss the death of Iran's president and foreign minister, the United States' new tariffs on China, and more.

Persons: Hayman Capital's Kyle Bass Kyle Bass Organizations: Hayman Capital Locations: China, United States

☆ The world's stock markets are so hot that even China's on a rally. Analysts say it's not over yet.
▼ + stars: | 2024-05-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Global stock markets are hitting record highs, driven by economic optimism and potential rate cuts. China's stock markets are rallying on attractive valuations and government stimulus measures. AdvertisementThe world's major stock markets are on a tear as indexes near and breach record highs. After all, 14 of the world's 20 largest stock markets have hit all-time highs recently, according to Bloomberg's count on Saturday. Stock markets elsewhere, including in Europe, India, and Japan, are also near or at their all-time highs.

Persons: — Organizations: Service, Dow Jones, . Stock, Business Locations: China, Europe, India, Japan

☆ Democrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's Sherman
▼ + stars: | 2024-05-20 | 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 EmailDemocrats deeply regret not taking the border more seriously in Biden's term: Punchbowl's ShermanJake Sherman, Punchbowl News co-founder, joins 'Squawk Box' to discuss the chance the border bill passes through Congress, Democrat's stance towards border policy, and how likely a new candidate emerges after the presidential debate.

Persons: Punchbowl's Sherman Jake Sherman Organizations: Punchbowl News Locations: Congress

☆ As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers
▼ + stars: | 2024-05-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

In this article JWNKSSM Follow your favorite stocks CREATE FREE ACCOUNTSignage of Macy's, Kohl's and Nordstrom retail stores. Department stores like Macy's , Kohl's and Nordstrom face an existential crisis, as they try to persuade investors to bet on their futures while sales slow and their core customers age. Melissa Repko | CNBCTo attract younger shoppers, Kohl's is adding trendier clothing for teens, opening more Sephora shops and bulking up its baby department. At the same time, Macy's is trying to go where younger shoppers are, including suburban strip malls and beauty aisles. The company plans to open up to 30 of its smaller off-mall Macy's stores over the next two years.

Persons: hasn't, Nordstrom, Oliver Chen, Cowen, Chen, Kohl's, Melissa Repko, Tom Kingsbury, Maxx, Kingsbury, Macy's, It's, Tony Spring, He's, TD Cowen's Chen, Scott Olson Organizations: Nordstrom, Getty Images Department, Department, Wall, Baby Boomers, Boomers, CNBC, Target, Costco, Getty Locations: Kohl's, Macy's, Sephora, Bluemercury, Bloomie's, Zara, Chicago , Illinois

☆ Iran’s president has died in office. Here’s what happens next
▼ + stars: | 2024-05-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

CNN —Once seen as a likely successor to Iran’s Supreme Leader, President Ebrahim Raisi has died in office, leaving the Islamic Republic’s hardline establishment facing an uncertain future. An ultraconservative president, 63-year-old Raisi was killed Sunday, along with Foreign Minister Hossein Amir-Abdollahian and other high-ranking officials, in a helicopter crash in Iran’s remote northwest. Raisi’s death has raised questions about who will eventually succeed Iran’s 85-year-old Supreme Leader Ayatollah Ali Khamenei, the most powerful man in the country. According to the constitution, the 88-member Assembly of Experts picks the successor to the Supreme Leader after his death. “(This) definitely throws all the plans that offices of the Supreme Leader probably had out the window,” Vaez told CNN’s Paula Newton.

Persons: CNN —, Ebrahim Raisi, Raisi, Hossein Amir, growingly restive, ” Ali Vaez, Power, Mohammad Mokhber, Ayatollah Ali Khamenei, —, Hassan Rouhani, ” Parsi, ” Vaez, ” Iran's, Iran’s, Khamenei, Azin, AP “ Ebrahim Raisi’s, ” Karim Sadjadpour, Leader’s, Mojtaba Khamanei, Sadjadpour, Vaez, CNN’s Paula Newton, Islamic Republic ” Organizations: CNN, Iran’s, Islamic, Foreign, IRI, Group, Experts, Quincy Institute, Responsible, Revolutionary Guards, Iran's, Observers, Iran’s Guardian Council, Guardian Council, Moj News Agency, AP, Carnegie Endowment, International Locations: Islamic Republic of Iran, Iran, Islamic Republic, Washington ,, Tehran, Iranian, Raisi, Varzaghan

Search resuls for: "U.S . Aerospace

25 mentions found