DIRS.INFO The most relevant business & tech news

☆ Here's why JPMorgan's top brass are doubtful that a major M&A comeback is on the horizon
▼ + stars: | 2024-04-12 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street has been hopeful that M&A activity will return this year as rates fall. On Friday, the bank reported $41.9 billion in revenue for the quarter, up 9% year-over-year — a figure that surpassed analysts' expectations. The retreat from dealmaking produced a nine-year low in terms of the number of individual M&A transactions in the quarter, LSEG reported. Dimon's warningsThe comments from JPMorgan's top brass come as Dimon issues warnings about the prospect of a gloomier economic environment.

Persons: —, Jamie Dimon, Jeremy Barnum, Barnum, Biden, that's, Goldman Sachs, Stephan Feldgoise, LSEG, EY, Dimon, Reed Alexander Organizations: Service, JPMorgan, Business, London Stock Exchange Group Locations: megamergers, dealmaking, Asia, Pacific

☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

Persons: MoviePass, Ted Farnsworth, Maria Bartiromo, he'd, Farnsworth, Jaeson Ma, Ted Farnsworth playbook, Ted, Barnum, John Fichthorn, I've, Shadwrick Vick, Rudy, Vick, Roderick Vanderbilt, who's, hocking, La Toya Jackson, Helios, Matheson, Brian Quinn, Farnsworth's, Michael Hartstein, Vinco, Matt Argall, Mitch Lowe, Reuters Farnsworth, David, Goliath, TikTok, We're, Argall, Elton John, Jamie McCarthy, Lomotif, Lil Nas X, Snoop Dogg, Grimes, Zash, Allan Stern, Get2it, Stern, Robert N, Scola Jr, Scola, he's, —, Lowe, Getty, Dave Kotinsky, Stringer Vinco, expeditiously, Farnsworth —, Vanderbilt, Jesse Law, Katherine Long Organizations: Fox Business, Hollywood, Business, Zash Global Media, Entertainment, Vinco Ventures, Fox, Hudson Bay, BI, Helios, Matheson, Matheson Analytics, Boston College Law School, Palladium Capital Group, Vinco, BHP Capital, Armistice, CVI Investments, National Enquirer, Reuters, AMC Theatres, AMC, Gemini Valuation, Hudson, Eightco Holdings, Elton John AIDS Foundation, 91st, EDC, Tampa Marriott, SEC, Publishing, National Examiner, Globe, The New York Times, Southern, Southern District of, Bloomberg, Bay, Vanderbilt, Federal Bureau of Investigation Locations: Hudson, Vinco, Zash, Hudson Bay, China, Syracuse , New York, Lomotif, Syracuse, West Hollywood , California, Vegas, Tampa, Argall, Boston, India, The, Miami, MoviePass, Southern District, Southern District of Florida, New York

☆ Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer said Thursday he believes Jensen Huang — the co-founder and CEO of leading artificial intelligence chipmaker Nvidia — is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has long been invested in Nvidia. Cramer has espoused the brilliance of Huang for years and even re-named his dog Nvidia. Ahead of earnings this time, Cramer equated Huang to popstar Taylor Swift , saying their success is unparalleled in their respective fields. And Musk is creating, singlehandedly, a way to be able to deliver things," Cramer continued.

Persons: CNBC's Jim Cramer, Jensen Huang —, Nvidia —, Elon Musk, Jensen, Cramer, Huang, Leonardo da Vinci, popstar Taylor Swift, Musk, Barnum Organizations: Nvidia, SpaceX, Trust, CNBC, Microsoft, Apple, Cramer's Trust, Ringling Bros, Barnum, Bailey Locations: Santa Clara , California

☆ Timothée Chalamet makes an otherwise middling 'Wonka' worth watching
▼ + stars: | 2023-12-04 | by ( Kirsten Acuna | ) www.businessinsider.com time to read: +7 min

Timothée Chalamet and Hugh Grant are the best part of the Willy Wonka prequel. AdvertisementThe new "Wonka" movie is a mixed bag of sweets and duds. AdvertisementHugh Grant is an underutilized firecrackerTimothée Chalamet as Willy Wonka and Hugh Grant as an Oompa Loompa in "Wonka." Throughout "Wonka," Chalamet oozes infectious optimism and childlike wonder as he takes us on a journey packed with magical moments and simple joys, including a heartwarming rendition of "Pure Imagination." It's almost enough to get us to believe in even the most ridiculous plotlines — but it's still no "Willy Wonka & the Chocolate Factory."

Persons: Wonka, Chalamet, Hugh Grant, Willy Wonka, —, Roald Dahl's, Charlie, He's, who's, Paul King, Dahl, Fox, Gene Wilder, Olivia Colman, it's, Miss Hannigan, Annie, Keegan, Michael Key, Barnum, Grant, King, Willy, Oompa Loompas Organizations: Service, Warner Bros, Chocolate

☆ When You Can’t Believe What You’re Seeing
▼ + stars: | 2023-07-14 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +1 min

Nobody is quite sure where the term “kayfabe” originated. It may be a bastardized form of pig Latin, something to do with the actual word “fake.” It may have its roots in the culture of wandering 19th-century carnivals, the world inhabited by P.T. Barnum and the confidence men and the salesmen who sold actual snake oil. Its modern usage, though, is sufficiently specific that only a relatively small proportion of people would even have a sense of what it means. For decades, wrestlers were expected to keep kayfabe even when they were off the clock.

Persons: ”, . Barnum, Abraham Josephine Riesman delineates, Vince McMahon —, Donald Trump Organizations: World, Entertainment Locations: “

☆ Inside the Wild World of Celebrity Keynote Speakers: Drugs, Alcohol
▼ + stars: | 2023-04-23 | by ( David Kushner | ) www.businessinsider.com time to read: +31 min

"I never saw myself as a speaker, let alone a motivational speaker," Leonard tells me while his assistant irons his jeans. 'When I ramble," Hunter told me, "hit me in the leg!" Every plane had been grounded, including the one stuck on the tarmac with an increasingly inebriated Hunter Thompson trapped inside. But by far the most all-consuming task was booking gigs for Hunter Thompson. Just before a debate with G. Gordon Liddy at Brown University, Hunter demanded that Betsy Berg, whom I now worked alongside at GTN, score him some crystal meth.

☆ Massachusetts museum returns sacred items to Sioux tribes
▼ + stars: | 2022-11-07 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

— About 150 artifacts considered sacred by the Lakota Sioux peoples are being returned to them after being stored at a small Massachusetts museum for more than a century. They had been held by the Founders Museum in Barre, Massachusetts, about 74 miles west of Boston. More than 200 men, women, children and elderly people were killed in the 1890 Wounded Knee Massacre on the Pine Ridge Indian Reservation. The items being returned to the Sioux people have all been authenticated by multiple experts, including tribal experts. The museum also has other Indigenous items not believed to have originated with the Sioux.

☆ Stock market news today: Dow and S&P 500 updates
▼ + stars: | 2022-10-14 | by ( Cnn Business | ) edition.cnn.com time to read: +1 min

But the bank's chief financial officer isn't too worried about the possibility of a major housing meltdown leading to another downturn. The bank's home lending revenue plunged 34% from a year ago, due primarily to the super spike in interest rates leading to a slowdown in demand for mortgages. In other words, the housing market is cyclical and the bank isn't too concerned about the ebbs and flows. And the fact that real estate prices have surged so much in recent years means that existing homeowners have a healthy financial cushion. Dimon alluded to this as well in response to another question about his recession worries.

Search resuls for: ". Barnum"

8 mentions found