DIRS.INFO The most relevant business & tech news

☆ Starbucks is closing 7 San Francisco stores, as it expands delivery and new store formats. Here's the full list of closing locations.
▼ + stars: | 2023-10-04 | by ( Alex Bitter | Gloria Dawson | ) www.businessinsider.com time to read: +3 min

Starbucks is closing seven locations in San Francisco as the chain cuts back on a dense store network. Many retailers have closed stores in downtown San Francisco, citing low foot traffic and crime. AdvertisementAdvertisementStarbucks is closing seven stores in San Francisco as it renovates others and adds a pickup-only location. AdvertisementAdvertisementEven without the planned closures, Starbucks operates fewer stores in San Francisco than it did several years ago. Starbucks has "opened or re-opened" three locations in San Francisco over the last six months, the company spokesperson told Insider.

Persons: it's, —, Geary, Van, Yves Saint, Laurent Organizations: Starbucks, Service, San Francisco Business Times, Safeway, Geary St, California St, Employees, Business Times, Times, Restaurant, Nordstrom Locations: San Francisco, California, Van Ness

SINGAPORE, July 7 (Reuters) - After standing in line for 36 hours, Qayyum Lukman on Friday emerged triumphant from a kiosk where he had just scored tickets to see pop sensation Taylor Swift perform in Singapore, her only stop in Southeast Asia next year. I don’t know what to think, indescribable, I’m very happy I got tickets! Indonesian Friski Riana, 31, joined virtual queues of millions of fans, even borrowing her friend's credit card to try and get tickets. [1/5]Qayyum Lukman, 25, full-time national servicemen, poses with a Taylor Swift vinyl album, as he waits first in line to buy Taylor Swift concert tickets, at a post office in Singapore July 7, 2023. Hours after the pre-sale closed, touts were marking up S$358 ($264.73) tickets to at least S$1,000 on marketplace app Carousell.

Persons: Qayyum Lukman, Taylor Swift, Swift, Lukman, I’m, ”, couldn't, Edgar Su, Friski, Thailand's, Pita Limjareonrat, Lavender, Chayut, Ananda, Kanupriya Kapoor, Simon Cameron, Moore Organizations: REUTERS, Coldplay, Business Times, Twitter, Thomson Locations: SINGAPORE, Singapore, Southeast Asia, Thailand, Malaysia, Indonesia, Vietnam, British, Jakarta, Bangkok, Manila, Kuala Lumpur, Ananda Teresia

☆ Elon Musk disclosed a missed opportunity, said he hates firing people, and revealed a desire to meet Warren Buffett in a 2008 profile that's resurfaced
▼ + stars: | 2023-06-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk bemoaned a missed opportunity and said he wanted to meet Warren Buffett in a 2008 profile. The Tesla, SpaceX, and Twitter CEO said he hated firing people and struggled to move to Los Angeles. The Tesla, SpaceX, and Twitter CEO could have invested in SunPower at a $15 million valuation but didn't do so, he said. However, its stock price has basically flatlined over the past 15 years, meaning Musk hasn't missed out on much since his interview. The electric-vehicle and space-transportation pioneer also disclosed the people he was most interested in meeting at the time: Warren Buffett and Charlie Munger.

Persons: Elon, Warren Buffett, Musk, —, Elon Musk, hasn't, Charlie Munger, Berkshire Hathaway, he'd, Buffett Organizations: SpaceX, Twitter, Service, Privacy, San Francisco Business Times, Berkshire, Tesla Locations: Los Angeles, SunPower, Texas

☆ Store closures are hitting San Francisco as office vacancies and fears of crime are on the rise. Here's the full list of retailers pulling out of the city's downtown neighborhood.
▼ + stars: | 2023-05-27 | by ( Alex Bitter | Jordan Hart | ) www.businessinsider.com time to read: +3 min

Nineteen retailers have left San Francisco's Union Square area since 2020. The area has lost 17 retailers since 2020, The San Francisco Standard reported last month. Stores that have closed in downtown San Francisco over the last few years include:Most retailers haven't referenced crime specifically as their public rationale for closing. Unibail-Rodamco-Westfield, which owns the mall where Nordstrom is located, said that the department store's closure "underscores the deteriorating situation in downtown San Francisco," according to Bloomberg. Do you work in downtown San Francisco or have a story to share about store closures?

☆ Store closures are hitting Downtown San Francisco as office vacancies and fears of crime are on the rise. Here's the full list of retailers pulling out of the city's downtown neighborhood.
▼ + stars: | 2023-05-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Nineteen retailers have left San Francisco's Union Square area since 2020. The latest departures include Nordstrom and Office Depot, The San Francisco Standard reported. Stores that have closed in downtown San Francisco over the last few years include:Most retailers haven't referenced crime specifically as their public rationale for closing. Unibail-Rodamco-Westfield, which owns the mall where Nordstrom is located, said that the department store's closure "underscores the deteriorating situation in downtown San Francisco," according to Bloomberg. Do you work in Downtown San Francisco or have a story to share about store closures?

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote bag with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

He filled up a black bag with an assortment of chips, instant noodles, and other snacks before exiting the office. Jobs portal Indeed.com laid off 2,200 employees, or 15% of its workforce last week. Despite Lee's choice of snacks in the video, he told Insider he prefers healthier snacking choices like nuts and dried fruits. "At the end of the day the snacks had to be cleared out so no harm was done," he told Insider. Indeed.com laid off about 90%, or over 200 employees in Singapore last Wednesday, the country's Business Times reported Friday.

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote back with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

☆ Is Putin using a body double? Listen here: Skeptics say spotting a decoy is all in the ears.
▼ + stars: | 2023-03-20 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

The trip to the besieged region renewed claims that Putin uses body doubles for public appearances. The original Washington Post article has been updated to remove references to Putin using a body double. However, the Post isn't the first publication to reference the possibility of a Putin body double. It cannot be repeated," though he has not offered concrete evidence to back up the claim that Putin uses a body double. Ears as evidenceWhile Budanov's claims about Putin's health or use of body doubles cannot be verified, the use of ears as forensic evidence has been documented for decades.

☆ Middle East pivot to Asia is strategic this time
▼ + stars: | 2023-03-14 | by ( Una Galani | ) www.reuters.com time to read: +6 min

Xi Jinping has brokered a deal the United States would have found hard to secure, despite its traditional military influence in the Middle East. The Middle East has trained its financial sights on Asia before. At current rates of growth, emerging Asia will become the top trade partner for the Gulf countries by 2028, per Asia House, surpassing advanced economies. As U.S.-China relations continue to sour, the Asian financial centre is looking to the Middle East to find new foreign companies to trade in the territory. Delegations from the two Middle East countries held talks in Beijing between March 6 and 10, the statement added.

☆ A fertility clinic is offering Ukrainian soldiers free sperm freezing in case they are killed or suffer severe injuries while fighting
▼ + stars: | 2023-03-13 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A Kyiv fertility clinic is offering free sperm-freezing services to Ukrainian soldiers, per the IBT. Soldiers are taking precautions in case they are killed or sustain major injuries while fighting. "We are offering semen freezing to help soldiers live a normal life," Strelko said, per the IBT. Sperm cryopreservation, also referred to as sperm banking or sperm freezing, involves placing specimens in small vials inside storage freezers that contain liquid nitrogen. Insider's Bethany Dawson previously reported that Russia had approved funding for sperm freezing for those called up to fight in Ukraine.

☆ The Obamas' net worth: How Michelle and Barack Obama make their money
▼ + stars: | 2023-02-22 | by ( Hillary Hoffower | Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Barack Obama makes his money from a six-figure pension, public speaking, and his best-selling books. makes his money from a six-figure His latest memoir, "A Promised Land," sold nearly 890,000 copies within a day of its 2020 release. Michelle Obama has also penned bestsellers, while the couple give generously to charity. For her part, Michelle Obama's first memoir, "Becoming," was published in November 2018 and became that year's No. From philanthropic efforts, to vacationing where the sun shines and making long-term investments in their daughters' education, here's how the Obamas make and spend their money.

☆ Twitter's landlord sues after Elon Musk stops paying millions in rent at SF headquarters
▼ + stars: | 2023-01-24 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Twitter's landlord in SF accused the company of skipping out on rent since December. It's the latest landlord scuffle for Twitter, which was sued in the UK by King Charles III's firm. Twitter's headquarters at 1355 Market Street, where its landlord is suing over unpaid rent. Earlier this month, the landlord of Twitter's Hartford Building at 650 California Street, sued the social media company over some $136,260 in unpaid rent. In the UK, a real estate firm for King Charles III is also pursuing claims against Twitter there for unpaid rent.

☆ Wounded Russians are being sent back to Ukraine with major injuries like punctured lungs and shrapnel still in their bodies, report says
▼ + stars: | 2023-01-13 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Wounded Russian soldiers are being sent to Ukraine to fight despite their injuries, according to a report. Soldiers with damaged lungs and shrapnel wounds have been returned to the frontline. The presidential Human Rights Council in Russia is investigating the matter, a council member said. There have also been cases of soldiers receiving treatment for ulcers, heart attacks, and strokes being sent back to Ukraine, she said. In November, Army Gen. Mark Milley, the highest-ranking US military officer, estimated that "well over" 100,000 Russian soldiers had been killed or wounded in the war in Ukraine, according to The Washington Post.

☆ 9 tech companies that have ditched San Francisco offices in 2022 are a warning sign for cities to rethink their reliance on big firms
▼ + stars: | 2022-12-28 | by ( Robert Davis | ) www.businessinsider.com time to read: +6 min

San Francisco should be a cautionary tale for cities that rely on tech firms to fill office space. At least nine companies have exited office space in the city, . Salesforce CEO Marc Benioff told Bloomberg that San Francisco needed "more diversity" in its economic and tax base, as well as more residential homes and cultural attractions downtown. Meta is planning to leave some of its office space in San Francisco. PayPal left its office in San Francisco this summer.

☆ Another tech bubble bursts: 2022 has been brutal for Silicon Valley workers
▼ + stars: | 2022-11-27 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +28 min

Gem: 100A maker of recruiting software, the startup cut a third of its workforce Nov. 1, The Information reported. HealthCare.com: 149The health insurance marketplace announced the job cuts Aug. 3, Miami Inno reported, citing state regulatory filings. Fabric: 120The robotics startup said July 13 that it was layoffing off 40% of them, TechCrunch reported, citing company confirmation. It affected about 300 people, the Silicon Valley Business Journal reported, citing company confirmation. Policygenius: 170The online insurance company cut about 25% of its staff, Axios reported June 6, citing company confirmation.

☆ I've worked at Kohl's for 9 Black Fridays. I get my fair share of pushy customers, but my favorites are the people who make a day of it.
▼ + stars: | 2022-11-25 | by ( Jenn Morson | ) www.businessinsider.com time to read: +6 min

MaryKate Murphy has worked every Black Friday at Kohl's for the last nine years. Murphy said a lot has changed since the pandemic, but working on Black Fridays is always fun. The store usually provides Wawa breakfast sandwiches for the early workers, pizza for lunch, and coffee during the day. Kohl's usually gives us an added employee discount around the holidays as well. At the end of the day, I usually head home exhausted, but I love working Black Friday and seeing all of the people having fun shopping together.

☆ 'Moneyball' manager Billy Beane says Warren Buffett's investing lessons apply to baseball too - and Seth Klarman agrees
▼ + stars: | 2022-09-24 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

"Moneyball" star Billy Beane said Warren Buffett and Charlie Munger's lessons apply to baseball. Author Michael Lewis profiled Beane in "Moneyball," and Brad Pitt played the baseball executive in the movie adaptation of the book. "It's about finding value in athletes, in baseball players — but those principles apply across areas," the billionaire investor and Baupost Group CEO said. Klarman has been heralded as "the next Warren Buffett," including by the Berkshire chief himself. Read more: Table tennis champion Ariel Hsing has been friends with Warren Buffett for more than a decade.

☆ Shopee, southeast Asia's answer to Amazon, is closing shop in 4 countries and laying off staff days after its billionaire founder said he'd forgo a salary
▼ + stars: | 2022-09-19 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +4 min

Ecommerce platform Shopee is laying off HR, regional ops, marketing, engineering staff. Shopee was launched in seven Southeast Asia markets in 2015 and now operates in 13 countries. Shopee reported a loss of $931.2 million in the second quarter of 2022, widening significantly compared to 2021. Shopee reported a loss of $931.2 million in the second quarter of 2022, widening significantly from a net loss of $433.7 million in the second quarter of 2021, according to Sea Limited's financial statements. However, in Brazil, Shopee's revenues rose by 270% year-on-year in the second quarter of 2022, the quarterly statements show.

☆ 600-летняя статуя Будды появилась из-под воды озера в Китае
▼ + stars: | 2021-05-09 | by ( Mld Media Srl | ) noi.md time to read: +1 min

В Китае при ремонте водохранилища в провинции Цзянси была обнаружена статуя Будды, высеченная в скале и, вероятно, принадлежавшая древнему храму, сообщает International Business Times. На место прибыли сотрудники Научно-исследовательского института археологии провинции Цзянси и Государственного управления культурного наследия. "Предварительное исследование позволило предположить, что статуя была создана в начале правления династии Мин (1368-1644 гг. - Но не исключено, что ее возраст может восходить к более ранним временам правления династии Юань (1271-1368 гг.)". Ученые предполагают, что статуя и храм, основание которого также было обнаружено под водой, могли быть частью древнего города, затопленного при строительстве водохранилища в 1960-е годы.

Persons: Будда, Сюй Чанцин Organizations: International Business Times, Научноисследовательский институт археологии, Государственное управление культурного наследия Locations: Китай, Цзянси, Мины, Юань

☆ The Obamas' net worth: How Michelle and Barack Obama make money
▼ + stars: | 2020-12-09 | by ( Hillary Hoffower | Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Barack Obama makes his money from a six-figure pension, public speaking, and his best-selling books. makes his money from a six-figure His latest memoir, "A Promised Land," sold nearly 890,000 copies within 24 hours of its release. While Obama spends his money in various ways, he notably gives to charity and takes family vacations. For her part, Michelle Obama's first memoir, "Becoming," was published in November 2018 and became that year's No. These endeavors — along with the six-figure pension all former presidents receive — have significantly contributed to the Obamas' net worth, which is at least $70 million, according to International Business Times.

Search resuls for: "Business Times"

20 mentions found