DIRS.INFO The most relevant business & tech news

☆ Harris and Trump kept talking about pumping more oil. There’s a problem with that
▼ + stars: | 2024-09-11 | by ( David Goldman | Matt Egan | ) edition.cnn.com time to read: +4 min

So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Fossil fuel will be dead,” Trump said. For all the candidates’ talk of promoting fossil fuel production, it’s not clear that America needs drastically more oil. US oil production has already spiked to a record of 13.4 million barrels per day, according to weekly federal data. So it would likely take an extreme — or calamitous — event to get gas prices back below $2.

Persons: Kamala Harris, Donald Trump, Harris, fracking, Biden, Trump, they’ll, ” Trump, Andy Lipow, he’s, It’s, it’s, Lipow, ”, Bob McNally, doesn’t, McNally, George W, Bush, “, America Organizations: CNN, Senate, Lipow Oil Associates, AAA, Rapidan Energy, US Energy Information Administration, Travel Locations: America, United States, Pennsylvania, OPEC, China

☆ Live Updates: Closing Arguments to Begin in Trump Criminal Trial
▼ + stars: | 2024-05-28 | by ( Jonah E. Bromwich | Ben Protess | ) www.nytimes.com time to read: +15 min

The defense did not call Mr. Weisselberg either, nor did Mr. Trump take the stand in his own defense. And for weeks, Mr. Weisselberg’s absence has loomed large over Mr. Trump’s case, the first criminal trial of an American president. And when Mr. Trump was sworn in as president in 2017, he entrusted Mr. Weisselberg, along with Donald Trump Jr. and Eric Trump, with running his company. Mr. Trump, Mr. Cohen told the jury, “approved” of the arrangement and knew that they would falsify records to cover it up. Over the course of their decades together, Mr. Cohen knew, Mr. Trump and Mr. Weisselberg had become more or less symbiotic.

Persons: Donald J, Allen Weisselberg, Trump, Michael D, Cohen, Allen H, Weisselberg, Trump’s moneyman, Trump’s, lucre —, Eduardo Munoz, Stormy Daniels, Weisselberg’s, beholden, ” Emil Bove, Juan M, Justice Merchan, “, Evan Vucci, Fred Trump, Donald Trump, Donald Trump Jr, Eric Trump, ” Mr, ” “, Mr, Jefferson Siegel, —, Arthur F, Engoron, Justice Engoron, ”, ‘ Frick, Frack, Cohen’s, Daniels, Susan Hoffinger, Todd Blanche, Dave Sanders, Blanche, Kate Christobek Organizations: Prosecutors, New York Times, Trump, Mr, Reuters, Manhattan, Trump Organization, “ Trump, New, The New York Times, The Trump Organization, Credit, Frick Locations: Washington, New York, Trump, Manhattan, Brooklyn, Queens, York, tatters

☆ Trump's hush money verdict hinges on a single piece of paper. See the most important evidence in the case.
▼ + stars: | 2024-05-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +13 min

Read previewWelcome to People's Exhibit 35, the single most important piece of evidence in the Donald Trump hush-money trial. People's 35 is the fulcrum for the entire case. What People's 35 does not have is Trump's fingerprints, a point that the defense is sure to press during closing arguments next week. AdvertisementProsecutors allege that Trump's payments to Cohen were falsified to conceal hush money paid to adult film star Stormy Daniels. "Yes," Cohen answered, as Trump watched from the defense table"And what, if anything, did Mr. Trump say at the time?"

Persons: —, Donald Trump, Trump, Michael Cohen, Cohen, Stormy Daniels, we'll, Allen Weisselberg, Weisselberg, Cohen —, Reince, Jon Elswick, Susan Hoffinger, Daniels, Hoffinger, Todd Blanche, — Cohen, Keith Davidson, Davidson, Karen McDougal, Playboy Bunny, Trump's, Melania Trump, peddled, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila, RedFinch, That's Allen Weisselberg's, Allen, — it's, Trump —, Mary Altaffer Organizations: Service, Business, Attorney's, Trump Organization, Trump, Prosecutors, AP, Manhattan, BI Prosecutors, Essential, Consultants, Tahoe, National Enquirer, RedFinch Solutions, RedFinch, People's, frick Locations: Manhattan, Virginia

☆ You may be eating predigested food. Here’s why
▼ + stars: | 2024-02-01 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +11 min

Aleksandr Zubkov/Moment RF/Getty ImagesBypassing the digestive systemMuch like the regurgitated food mother birds feed their babies in the nest, ultraprocessed food is quick and easy to digest, according to experts. “So the question is, which degree of processing remains compatible with human food system sustainability and global health? Some food processing may be goodHumans have processed food for centuries — the first evidence of fermentation was some 13,000 years ago. Alexander Donin/iStockphoto/Getty ImagesThe ingredients used in many ultraprocessed foods, however, have been subjected to much more than a bit of heat. “The other way I put it is that individuals who are trying to control their weight in today’s food environment are fighting an entire food system on their own.

Persons: starchy, “, ”, Chris van Tulleken, van Tulleken, Aleksandr Zubkov, that’s, didn’t, David Katz, ” Katz, we’ve, ’ you’ve, it’s, Kevin Hall, Hall, ” Hall, Giulia Menichetti, Menichetti, Anthony Fardet, Fardet, ” Fardet, Alexander Donin, Marion Nestle, Paulette Goddard, ” Nestle Organizations: CNN, Industry, University College London, BBC, Getty, True Health Initiative, National Institute of Diabetes, Diseases, Harvard Medical School, Brigham, Women’s Hospital, Network Science Institute, Northeastern University, French National Institute for Agricultural Research, New York University Locations: Europe, United States, Bethesda , Maryland, Boston, Paris

☆ ‘Monster Fracks’ Are Getting Far Bigger. And Far Thirstier.
▼ + stars: | 2023-09-25 | by ( Hiroko Tabuchi | Blacki Migliozzi | ) www.nytimes.com time to read: +23 min

Dallas TEXAS Austin Houston San Antonio Dallas TEXAS Austin Houston San Antonio TEXAS TEXAS Amarillo Lubbock Dallas El Paso TEXAS Austin Houston San Antonio Corpus Christi UNCHARTED WATERS ‘Monster Fracks’ Are Getting Far Bigger. Water wells that supply fracking Nationwide, fracking has used up nearly 1.5 trillion gallons of water since 2011. Now they account for almost two out of every three fracking wells in Texas, the Times analysis found. ‘Monster fracks’ take off in Texas Proportion of fracks Source: FracFocus chemical disclosure database as of Aug. 1, 2023. In 2020, New Mexico halted sales of water supplies to oil and gas companies fracking on state land.

☆ Vivek Ramaswamy's 'anti-woke' investment firm now manages assets worth more than $1 billion
▼ + stars: | 2023-09-06 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Republican presidential candidate Vivek Ramaswamy is the cofounder of an "anti-woke" ETF firm. The company was set up last year and now manages assets worth more than $1 billion. Ramaswamy's firm is a riposte to the ESG-centric policies of some big investment firms. Last month he said the "big three" investment firms – BlackRock, State Street, and Vanguard – represented "arguably the most powerful cartel in human history." Ramaswamy is vying with Florida governor Ron DeSantis for second place in opinion polls, but both lag some distance behind former President Donald Trump in the race for the Republican presidential nomination.

Persons: Vivek Ramaswamy, Ramaswamy, Eric Balchunas, Anson Frericks, It's, Vanguard –, Ron DeSantis, Donald Trump Organizations: Service, GOP, Bloomberg Intelligence, US Energy ETF, Energy ETF, Bloomberg, – BlackRock, Vanguard, Republican Locations: Wall, Silicon, BlackRock, ESG, Florida

☆ How a US government program advocated using nuclear explosions for construction, farming radioactive crops, and blasting holes in the moon
▼ + stars: | 2023-07-31 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +13 min

Most focused on the potential for nuclear explosions to quickly excavate areas for construction projects at lower costs than conventional explosives. (Hamblin is the author of the book "The Wretched Atom: America's Global Gamble with Peaceful Nuclear Technology.") Fly the radioactive skiesUS officials also hoped nuclear energy could be used for transportation. Nicknamed the "pan-atomic canal," nuclear explosions would have carved a sea-level waterway through Nicaragua, Panama, or Colombia, per Forbes. Corbis via Getty ImagesFor Hamblin, the concept of "peaceful nuclear explosions" fell out of favor in the mid-70s.

Persons: Christopher Nolan's, Oppenheimer, Jacob Hamblin, Dwight D, Eisenhower, Alex Wellerstein, Hamblin, you've, Dr Leonard Reiffel, Alaska's Cape Thompson, Edward Teller, detonations, Rio, Iran —, —, Corbis, Wellerstein, Marshall, we're Organizations: Service, White, Nevada . U.S . Department of Energy Office, Scientific, Atomic Energy, UN, United Nations, IAEA Imagebank, United, US Atomic Energy Commission, Technology, Institute of Radiation, Google, NASA, Sputnik, Air Force, U.S . Department of Energy, National Nuclear Security Administration, AEC, of Energy, Popular Mechanics, New York Times, Carryall, US Department of Energy, Forbes, Atomic Energy Commission, Getty, IAEA Locations: Wall, Silicon, Suez, Nevada ., United Nations, New York, Hitachiomiya, Japan, Soviet Union, Nevada, Alaska's Cape, inconveniently, Israel, Panama, Nicaragua, Colombia, Pacific, Farmington , New Mexico, Rulison , Colorado, Rio Blanco, , Colorado, Iran, Mercury , Nevada, USA, Cuba, Vietnam, Colorado, New Mexico, Nevada —, Marshall

☆ Vivek Ramaswamy's firm courts GOP officials as he pushes businesses to stay out of politics
▼ + stars: | 2023-05-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +14 min

Scott Olson | Getty ImagesRepublican presidential hopeful Vivek Ramaswamy built his White House bid around urging companies to stay out of politics. The messages show Ramaswamy's firm actively engaged with GOP state leaders who have defended the fossil fuel industry and criticized environmentally conscious investment standards. Ramaswamy on Thursday defended the firm's engagement with GOP officials, saying bigger firms BlackRock, Vanguard and State Street have conducted similar practices with state officials across the country. Strive has become one of the more vocal opponents of ESG investing and has gained enough notoriety to challenge the likes of fossil fuel giant ExxonMobil . Ron DeSantis, have often attacked ESG investing standards and corporations that support social causes — an increasingly common refrain within the GOP.

☆ Oil’s Other Strategic Reserve Is Running Low, Too
▼ + stars: | 2022-11-09 | by ( Jinjoo Lee | ) www.wsj.com time to read: 1 min

Drill, baby, drill? After seeing oil demand plunge in 2020, U.S. producers’ mantra switched to “frack, baby, frack” as they paused drilling new rigs in favor of completing—or fracking—wells that had already been drilled. Drilling is just the first step in shale formations. Fracking, a process that involves the injection of water, sand and chemicals into the drilled well, actually gets the oil out of the ground.

☆ Energy crisis spurs Britain to end its fracking ban, digging up a long-running debate
▼ + stars: | 2022-09-22 | by ( Jenni Reid | ) www.cnbc.com time to read: +5 min

The derrick is seen behind anti-fracking banners at Cuadrilla's Lancashire fracking site. Christopher Furlong | Getty ImagesLONDON — The U.K. government lifted its ban on fracking Thursday, citing the need to increase domestic energy supply following the Russian invasion of Ukraine. The divideA 2020 review by Warwick Business School estimated fracked gas could account for between 17% and 22% of U.K. energy consumption between 2020 and 2050. A past study found that shale gas operations themselves would contribute relatively little to greenhouse gas emissions. A report commissioned by the government in April and published Thursday found it was still not possible to accurately predict geological activity as a result of U.K. fracking operations.

Search resuls for: "Frack"

10 mentions found