DIRS.INFO The most relevant business & tech news

☆ Opinion | The Ten Commandments Are Trump’s Favorite of All the Commandments
▼ + stars: | 2024-06-22 | by ( Christopher Buckley | ) www.nytimes.com time to read: 1 min

Jeff Landry of Louisiana signs a bill mandating that the Ten Commandments be displayed in all public classrooms. He says of the legislation, “I can’t wait to be sued.”***Mr. Landry is sued by 28 organizations, including the American Civil Liberties Union, Amalgamated Atheists of America, the Benevolent and Protective Order of Beelzebubbians, the Spouses of U.S. Supreme Court Justices Neighborhood Welcome Wagon Association, and Liberals for the Prevention of Morality. The Republican Party responds with a fund-raising email blitz for a new legal defense fund. The subject line reads, “Moses ❤️ Louisiana (and Trump!!! ).”***Donald Trump hails Mr. Landry, calling him “the greatest mayor of Louisiana maybe ever.”“Actually, ever,” he adds.

Persons: Jeff Landry of, “, Landry, “ Moses ❤️ Louisiana, Trump, Donald Trump Organizations: American Civil Liberties Union, Amalgamated Atheists of America, Benevolent, Beelzebubbians, Supreme, Association, Republican Locations: Jeff Landry of Louisiana, Louisiana

☆ Amalgamated Bank's Frishberg: Bullish on Tesla's sustainability, but concerned about governance
▼ + stars: | 2024-06-14 | 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 EmailAmalgamated Bank's Frishberg: Bullish on Tesla's sustainability, but concerned about governanceIvan Frishberg, Amalgamated Bank chief sustainability officer and long-time Tesla investor, joins 'Money Movers' to discuss what Elon Musk's pay package approval says about his shareholder base, if Tesla's a discretionary own, and more.

Persons: Ivan Frishberg Organizations: Amalgamated, Amalgamated Bank, Elon

☆ Should Elon Musk be paid $56 billion? Tesla shareholders get to vote
▼ + stars: | 2024-05-27 | by ( David Ingram | ) www.cnbc.com time to read: +10 min

Several investors released a joint letter this month urging fellow shareholders to vote down the package as excessive. Tesla shareholders approved the pay package in 2018, with compensation tied to Tesla's performance including its market value. And he still has time to meet goals he hasn't reached, including on revenue, because the pay package had a 10-year term. In the 440-page proxy statement explaining the vote, a committee of the Tesla board noted the "novel circumstances." Some people began sharing screenshots of their votes in April, shortly after the Tesla board announced the vote, and the deadline to vote online is June 12.

Persons: Elon Musk, The Beverly Hilton, Tesla, James Park, Musk, He's, Judge Kathaleen McCormick, McCormick, Nadya Malenko, hasn't, Ann Lipton, Lipton, — I'm, Musk's, there's, —, Rowe Price, didn't, Brad Lander Organizations: SpaceX, Tesla, The Beverly, Wall Street, University of California, CNBC, Bloomberg, Reuters, Boston College's, Tulane University, Disney, New York, Amalgamated Bank . Locations: Beverly Hills , California, U.S, Delaware, Austin , Texas, —, Los Angeles, Texas, New York City

☆ Squarespace to go private in $7 billion private-equity deal
▼ + stars: | 2024-05-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. Squarespace , the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. All three have approved the transaction and will continue to be investors after the Permira deal closes. Qualtrics, for example, was spun off from SAP in 2021 and was quickly taken private again in 2023 by Canada's pension plan and Silver Lake in a $12.5 billion deal. Japanese giant Toshiba also went private in 2023 in a $13.6 billion deal, after years of speculation and tumult, including a sustained engagement with activist investor Elliott.

Persons: Squarespace, Permira, Anthony Casalena, Ares Capital, Anthony, David Erlong, Squarespace's, Elliott, Morgan, Skadden, Richards, Layton, Finger, Goldman Sachs, Watkins Organizations: New York Stock Exchange, Inc, Accel, General Atlantic, Ares, Blackstone, SAP, Toshiba, Investors, Latham Locations: J.P

☆ Leading with Purpose on Policy
▼ + stars: | 2024-04-19 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLeading with Purpose on PolicyThe past few years have seen national upheaval regarding many social issues: climate change, gun violence, reproductive rights, racial biases, and more—with much attention paid to how companies are addressing these issues with customers and employees. Amalgamated Bank CEO Priscilla Sims Brown, and Maven Clinic Founder & CEO Kate Ryder, share how they are navigating these policies while fulfilling the missions of their companies.

Persons: Priscilla Sims Brown, Kate Ryder Organizations: Amalgamated Bank, Maven

☆ Banks are well-positioned in this environment, says Amalgamated Bank CEO
▼ + stars: | 2024-04-18 | 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 EmailBanks are well-positioned in this environment, says Amalgamated Bank CEOPriscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange’ to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.

Persons: Banks, Priscilla Sims Brown Organizations: Amalgamated Bank, Amalgamated Bank CEO

☆ Watch CNBC's full interview with Amalgamated Bank CEO Priscilla Sims Brown
▼ + stars: | 2024-04-18 | 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 Amalgamated Bank CEO Priscilla Sims BrownPriscilla Sims Brown, Amalgamated Bank CEO, joins ‘The Exchange’ to discuss how banks are positioned in the current environment, how unique her banks' business model is, and more.

Persons: Priscilla Sims Brown Priscilla Sims Brown Organizations: Amalgamated Bank, Amalgamated Bank CEO

☆ Middle Age Like You’ve Never Seen It
▼ + stars: | 2024-02-22 | by ( Simbarashe Cha | More About Simbarashe Cha | ) www.nytimes.com time to read: +1 min

There was a certain intimacy to the crowds outside the shows at London Fashion Week, which turned 40 this month. Aside from conjuring feelings of togetherness and pride, that milestone underscored how the approach to style in London — off and on runways — is different than in New York, Paris or Milan. That approach can sometimes be written off as too funky or too laissez-faire, resulting in a perception that London Fashion Week attracts “not serious people” (to quote Logan Roy from “Succession”). But the event’s loudest critics seem to be those who complain about how, in other fashion capitals, they just see versions of the same thing. It is true that London’s fashion scene is smaller, quieter and weirder than others.

Persons: Logan Roy, hasn’t Organizations: London Fashion Locations: London, New York, Paris, Milan

☆ Cramer on why the emperor of this market has been naked long enough: Unpacking Apple, Amazon, Meta and Alphabet
▼ + stars: | 2023-11-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

You think and think and think, and you still can't believe that things changed so radically in such a short period of time. So, let's pull apart Apple, Amazon, Meta and Alphabet to try to understand how unimportant what actually happened at these companies might be. Instead, Apple stock has climbed roughly 5% since it reported quarterly results on Nov. 2. Meta stock fell to $288 a share, down from $314, in a couple of sessions just because of that line in its earnings report. But like Apple and Amazon, Meta stock stabilized and has risen more than 14% since late October.

Persons: —, Lina Khan's, let's, Khan, Apple, Jim Cramer's, Jim Cramer, Jim, Alexi Rosenfeld Organizations: Apple, U.S . Federal Trade Commission, NFL, Amazon, Web Services, Google, YouTube, Amazon Web Services, Meta, Microsoft, Federal, Treasury, Procter & Gamble, CNBC, Getty Locations: wearables, Philippines, Indonesia, Brazil, Vietnam, China, Israel, Gaza, GOOGL, New York City

☆ Priscilla Sims Brown: Ambition Is What Helps Our Clients Achieve Their Goals
▼ + stars: | 2023-10-10 | 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 EmailPriscilla Sims Brown: Ambition Is What Helps Our Clients Achieve Their Goals"Ambition is desire to do something greater than one's self. Amalgamated Bank CEO Priscilla Sims Brown shares how she helps her clients reach their ambitious goals."

Persons: Priscilla Sims Brown Organizations: Amalgamated Bank

☆ Priscilla Sims Brown: Ambition Is Desire To Do Something Greater Than One's Self
▼ + stars: | 2023-10-09 | 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 EmailPriscilla Sims Brown: Ambition Is Desire To Do Something Greater Than One's Self"Do something greater than one's self." Amalgamated Bank CEO Priscilla Sims Brown shares what ambition means to her.

Persons: Priscilla Sims Brown Organizations: Amalgamated Bank

☆ 'Frasier': First full trailer for reboot drops -- and it's new city, same Frasier
▼ + stars: | 2023-09-15 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —Almost four decades after he first appeared on television screens, Frasier Crane is back–and he’s basically the same, albeit with a new skyline. The first full trailer for the reboot of the hit ’90s sitcom “Frasier” was released by Paramount+ on Thursday, offering more details of the series, which sees Kelsey Grammer return to play the titular character 30 years after the original show first aired. Set in Boston, the city in which the world was first introduced to Frasier, the trailer shows him attempting to reconnect with his now adult son Freddy, played by Jack Cutmore-Scott, and moving from Seattle in the hope of mending their relationship. Frasier (2023) | Official Trailer | Paramount+Ahead of the show’s much anticipated return on October 12, the trailer racked up more than a million views on YouTube within 24 hours of its release. This image released by Paramount+ shows Kelsey Grammer as Frasier Crane, left, Jess Salgueiro as Eve, center, and Jack Cutmore-Scott as Freddy.

Persons: Frasier Crane, he’s, Frasier ”, Kelsey Grammer, Frasier, Freddy, Jack Cutmore, Scott, Lacroix, “, Alan, Nicholas Lyndhurst, “ Frasier ”, Martin, Niles, Jess Salgueiro, Chris Haston, John Mahoney, David Hyde Pierce, Frasier’s, Lilith Sternin, Bebe Neuwirth Organizations: CNN, Paramount, YouTube, Boston Locations: Boston, Seattle, British

☆ Strathcona buys rival to go public, create Canada's 5th biggest oil company
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

It did not say when the combined company will start trading. Pipestone Energy has a market capitalization of $756.83 million, according to Refinitiv Eikon data. Pipestone shareholders will receive about 9.05% of the pro forma equity in the amalgamated company, with existing Strathcona shareholders owning the rest. Including debt, the combined company will have a market capitalization of C$11.5 billion. Calgary, Alberta-based Strathcona was formed in 2020 by the merger of two Waterous Energy Fund-backed companies, Strath and Cona.

Persons: Strathcona, Rob Morgan, Juby Babu, Savio D'Souza, Rashmi Organizations: Strathcona Resources, Pipestone Energy Corp, Strathcona, Pipestone Energy, Energy, Thomson Locations: Strathcona, Calgary , Alberta, Bengaluru

Copper prices have been range-bound in recent months after a January slide from their highest in more than seven months and a May rebound from a slump below $8,000 a metric ton. Analysts forecast a copper surplus this year of 111,000 metric tons, with oversupply rising to 188,000 tons next year. Analysts expect a market deficit this year of 191,750 metric tons, dropping to 66,000 tons in 2024. Analysts expect LME cash nickel prices to average $20,000 a metric ton in the fourth quarter, down 11% from the previous poll. They expect the global nickel market to show a surplus of 199,000 metric tons this year and 150,000 tons in 2024.

Persons: Dan Smith, Goran Djukanovic, Nguyen, Eric Onstad, Ananya, David Goodman Organizations: Amalgamated Metal Trading, Study, London Metal Exchange, Reuters, Indonesia, Thomson Locations: BENGALURU, China, YUNNAN, Yunnan, Yunnan province, Indonesia, Commerzbank, London, Bengaluru

☆ Unions Park Their Cash at This Bank. Will They Stick Around?
▼ + stars: | 2023-07-15 | by ( Jonathan Weil | ) www.wsj.com time to read: 1 min

Amalgamated Financial calls itself America’s socially responsible bank. Its biggest shareholder is a labor union, and its customers include nonprofits, unions and political campaigns. It classifies about half of its deposits as “super core” because they come from customers who have been with the bank for an average of 17 years.

Organizations: Amalgamated Financial

☆ Banking on Change at CNBC Equity and Opportunity: Exec Connect
▼ + stars: | 2023-07-06 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanking on Change at CNBC Equity and Opportunity: Exec ConnectAmalgamated Bank CEO, Priscilla Sims Brown is no stranger to speaking out on issues, including matters of racial and social justice. Brown joins CNBC's Bertha Coombs and shares what gives her the courage to boldly take on big issues that impact not only the economy, but society more broadly. 11:48 an hour ago

Persons: Priscilla Sims Brown, Brown, Bertha Coombs Organizations: Banking, CNBC Equity, Opportunity, Exec Connect Amalgamated Bank CEO

☆ Black executives see progress since George Floyd, but much work still to be done: CNBC survey
▼ + stars: | 2023-06-19 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

The tragedy sparked more awareness and positive change in corporate America, according to a new survey of Black executives conducted by CNBC, but the results from the survey show that there remains much work to be done. The survey, conducted by CNBC in partnership with the Executive Leadership Council, found 74% of Black executives saying they saw a positive change in hiring, retention and promotion of Black employees since Floyd was killed in May 2020. As many Black executives say organizational treatment of Black employees has remained the same (43%) or worsened (9%) since 2020, as those who say it has improved (48%). And exactly half say there are still less opportunities for Black employees than other employees at their organizations. More Black executives said that prior to 2020 their firms were "checking the DEI box" rather than taking a comprehensive approach.

Persons: George Floyd, Kerem Yucel, Floyd, Shundrawn Thomas, George Floyd's, Judy Smith, Smith, Smith & Company . Smith, Thomas, Rashida Jones, Priscilla Sims Brown, Melonie Parker, Johnson Organizations: Afp, Getty, Black, CNBC, Executive, Council, Copia, Smith & Company, Equity, Opportunity, MSNBC, Amalgamated Bank ., Google Locations: Minneapolis , Minnesota, U.S, America, New Orleans

☆ Tesla shareholder group complains Elon Musk is too distracted to run company
▼ + stars: | 2023-04-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —A group of progressive Tesla shareholders want the company’s board of directors to make CEO Elon Musk concentrate more on one of his many jobs, that of running the EV automaker. In addition to his role at Tesla (TSLA), Musk also leads Twitter, SpaceX, the Boring Company, and Neuralink, among others. The letter says that the investors signing the letter own $1.5 billion worth of Tesla shares, which represents well less than 1% of Tesla shares. By comparison, Musk owns or has options to purchase about $118 billion worth of Tesla shares, representing 20% of the stock. “Tesla needs a board that will ensure that the CEO is focused on addressing its challenges,” said the letter.

☆ Tesla investors call for 'distracted' Elon Musk to be reined in as they worry he's 'overcommitted'
▼ + stars: | 2023-04-21 | by ( Grace Kay | Sam Tabahriti | ) www.businessinsider.com time to read: +5 min

Tesla investors called for Elon Musk to be reined in an open letter, citing the CEO's many commitments. A group of Tesla investors is calling for Elon Musk to be reined in, saying the CEO has been distracted by commitments to his other companies like Twitter. "The Board allowed the CEO to be overcommitted at a time when the company faces critical challenges," the letter stated. Tesla and Musk didn't immediately respond to requests for comment from Insider ahead of publication. Gerber's name is not listed on the open letter.

☆ Tesla's governance problem is a growing concern: Amalgamated Bank's Ivan Frishberg
▼ + stars: | 2023-04-21 | 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 EmailTesla's governance problem is a growing concern: Amalgamated Bank's Ivan FrishbergIvan Frishberg, Amalgamated Bank chief sustainability officer and long-time Tesla investor, joins 'Squawk on the Street' to discuss the company's recent letter to Tesla concerning management and performance, why the bank's concerned with Tesla's workplace culture, and more.

☆ Amalgamated Bank's Growth for Good Strategy
▼ + stars: | 2023-04-19 | 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 EmailAmalgamated Bank's Growth for Good StrategyFor over 100 years, Amalgamated Bank has offered banking solutions catered to the needs of marginalized groups. President and CEO, Priscilla Sims Brown explains how leaders can take a stand on social impact and ideological issues, like economic justice, gun violence, and renewable energy, while also meeting the needs of employees, clients, and stakeholders. And hear what she has to say about the backlash too.

☆ Amex, Visa and Mastercard pause work on new firearms merchant code
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmex, Visa and Mastercard pause work on new firearms merchant codePriscilla Sims Brown, Amalgamated Bank CEO, joins CNBC's "Squawk Box" to discuss the company's effort spearheading a merchant category code for gun stores.

☆ Analysis: US Republicans aim to stymie gun sale codes at state level
▼ + stars: | 2023-03-03 | by ( Ross Kerber | ) www.reuters.com time to read: +6 min

"I don't want card companies to raise interest rates or fees on merchants as a way to dissuade them" from selling guns and ammunition, Owen told Reuters. Visa Inc (V.N) declined to comment on the state bills. Other payment card companies Discover, Mastercard Inc and (MA.N) American Express Co (AXP.N) did not respond to requests for comment. Owen, the Mississippi state legislator, said he expects that payment companies could address any technical issues the bills could create. "I think the credit card companies are going to have to adapt on a state-by-state basis," Owen said.

☆ Mexico's Televisa reaches $95 mln investor settlement over FIFA bribery role
▼ + stars: | 2023-03-01 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

[1/2] The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, December 14, 2022. REUTERS/Raquel Cunha/File PhotoNEW YORK, March 1 (Reuters) - Grupo Televisa SAB (TLEVISACPO.MX) has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican broadcaster of bribing FIFA soccer officials to win rights to four World Cup tournaments. Investors said they suffered losses as the bribery became known during corruption trials in Brooklyn, New York, causing the ADR price to fall. Its law firm Boies, Schiller & Flexner may seek up to $28.5 million of the settlement in fees and $3.5 million for expenses. The case is In re Grupo Televisa Securities Litigation, U.S. District Court, Southern District of New York, No.

Organizations: & $

☆ Can you get an ATM card for a savings account?
▼ + stars: | 2023-02-14 | by ( Ana Staples | Elizabeth Gravier | ) www.cnbc.com time to read: +14 min

While savings accounts typically don't offer a debit card, some come with an ATM card, making it easier for you to access cash from your savings when you need it. The Citi® Savings Account stands out for providing an ATM card even if you don't have a checking account with Citi. Having quick access to your savings with an ATM card can be convenient, but it's best not to make withdrawing money from your savings account a habit. Savings are an essential part of your financial well-being, and a savings account is meant to keep these funds intact. That's why unlike a checking account designed for daily spending, a savings account has features in place to prevent frequent withdrawals.

Search resuls for: "Amalgamated"

25 mentions found