DIRS.INFO The most relevant business & tech news

☆ CNBC's Inside India newsletter: Can India grow as fast as China did?
▼ + stars: | 2024-09-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Yet, India's central bank appeared to dismiss the negativity earlier this month and reiterated its bullish view of India's growth rate, still expecting the economy to grow by 7.2%. However, when prompted on whether India's growth rate could compete with what China has already achieved for over two decades, the governor was less buoyant. But if you are looking at 10-plus growth, before I venture into that, I have to really do my homework much more," Governor Das said. This week, China's central bank, President Xi Jinping and other top leaders announced plans to boost the country's economy and attract investment. If India intends to grow as fast as China did, it may have to get a move on.

Persons: Goldman Sachs, CNBC's Tanvir Gill, Shaktikanta Das, Das, Narendra Modi, he's, –, Xi Jinping, David Tepper, he'd, Kaanhari Singh Organizations: Bank of America, Deutsche Bank, Reserve Bank of India, CNBC, Bank, Appaloosa Management, Barclays Locations: Wall, India, China

☆ India wants to become a semiconductor powerhouse, but it can't do it on its own
▼ + stars: | 2024-09-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.

Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing

☆ Watch CNBC's full interview with India's Minister of Commerce and Industry Piyush Goyal
▼ + stars: | 2024-09-25 | by ( Tanvir Gill | ) 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 India's Minister of Commerce and Industry Piyush GoyalCNBC's Tanvir Gill spoke to Indian Commerce and Industry Minister Piyush Goyal in an exclusive interview. He explained why it was not in India's interest to be part of a free trade agreement with China, as well as the country's semiconductor ambitions.

Persons: Tanvir Gill, Piyush Goyal Organizations: India's, Commerce, Industry, Indian Commerce and Industry Locations: China

☆ India rules out joining world’s largest trade deal, accuses China of 'very opaque' trade practices
▼ + stars: | 2024-09-23 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Anadolu | Anadolu | Getty ImagesIndia's commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world's largest trade deal, maintaining that it is not in the country's interest to be part of a free trade agreement with China. Negotiations for the RCEP started in 2013 and initially included India, which some members viewed as a counterbalance to China. However, in 2019, India chose not to join RCEP, citing unresolved "core interest" issues. Goyal noted that at that time, India already had a free trade agreement with ASEAN, Japan and Korea, as well as a bilateral trade with New Zealand worth $300 million. "It was not in our farmers' interest, RCEP did not reflect the aspirations of our small and micro medium industries and sector, and in some form, was nothing but a free trade agreement with China," he said.

Persons: Industry Piyush Goyal, CNBC's Tanvir Gill, Goyal, RCEP Organizations: Anadolu, Getty, Regional Comprehensive Economic, ASEAN, Commerce, Industry, —, Association of Southeast Asian Nations, RCEP, New Zealand, Trade, Semiconductor Locations: China, India, Asia, South Korea, Japan, Australia, New Zealand, Korea

☆ John Banuelos: What to know about the Jan. 6 shooter arrested three years later
▼ + stars: | 2024-09-20 | by ( Thomas Lake | ) edition.cnn.com time to read: +33 min

He was still at large in July 2021, when he took part in a fight in Salt Lake City that left another man dead. He’d been living in a park in downtown Salt Lake City, and he’d decided to cook for his hungry new friends. The Salt Lake City Police Department also declined, even though its investigation into Senn’s death was complete. In recent years he appeared to split his time between Chicago and Salt Lake City. Mark Peterson/ReduxReturning to Salt Lake City by unknown methods, Banuelos resumed his frequent appearances in local police reports.

Persons: John Banuelos, ” “, ” — Derrick Evans, Banuelos, Christopher Senn, Victoria Thomas, “ Chris, ”, John, he’s, he’d, Chris Senn, John Banuelos Long, Chris, Chris ’, Gabe Hamilton, Thomas, Taylorsville, ” Christopher Senn, Victoria Thomas Chris, they’re, Randall, Talisha, Toro, “, ” Victoria, …, vaping, ” Banuelos, Michael Lawlor, George Floyd, Trump’s, I’m, Donald Trump, Mark Peterson, ‘ He’ll, ’, Senn, ‘ I’m, FBI hasn’t, John Banuelos “, Steven Parisot, Det, Weldon Wilson, ” Parisot, ” Wilson, Banuelos wasn’t, Sim Gill, … He’s, Gill, Rick Bowmer, ” Gill, that’s, “ Banuelos, Gary Wickersham, Rebecca Lavrenz, Grandma, Lavrenz, —, Derrick Evans, who’d, Evans, Will Price, ” Evans, “ …, hadn’t, Tanya Chutkan, Chutkan, Judge Chutkan, Trump, He’d, ” Chutkan, “ I’ve, Lawlor, ” Lawlor, ” Victoria Thomas, Victoria, Christopher Senn's, Victoria Thomas “, — Victoria Thomas, ” Randall Organizations: CNN, Capitol, FBI, Banuelos, Chicago Police Department, Independence, Salt Lake City —, U.S, Attorney’s, District of Columbia, Salt Lake City Police Department, DC, Federal Bureau of Prisons, Salt Lake City . Chicago Police Department, Police, U.S . Capitol, TRUMP, Trump, Salt Lake City, National Threat Operations Center, Vice News, Liberty, ” Police, KUTV, KSL, NBC, Army, Congress, West Virginia House, West, West Virginia Legislative, Justice Department Locations: Salt Lake City, Senn, Illinois, Liberty, Utah, Randall’s, Victoria, Salt Lake, Chicago, Burger, Washington, Banuelos, Salt Lake County, Colorado, West Virginia, ”, Salt, Valley, Provo , Utah

☆ Watch CNBC's full interview with Shaktikanta Das, Reserve Bank of India's Governor
▼ + stars: | 2024-09-19 | by ( Tanvir Gill | ) 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 Shaktikanta Das, Reserve Bank of India's GovernorCNBC's Tanvir Gill spoke to Shaktikanta Das, Reserve Bank of India's governor, in an exclusive interview for CNBC Conversations. He discussed the strength of the Indian Rupee, India's inflation outlook, as well as the RBI's interest rate considerations.

Persons: Shaktikanta Das, CNBC's Tanvir Gill Organizations: Reserve Bank, India's, CNBC

☆ He bought a cruise ship on Craigslist and spent over $1 million restoring it. Then his dream sank
▼ + stars: | 2024-09-18 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +15 min

CNN —Buying a historic cruise ship he found on Craigslist back in 2008 was undoubtedly a life-altering decision for Chris Willson. Ship of dreamsWillson and Li moved on board the ship and focused their energies on painstakingly restoring it. Christopher WillsonHis ultimate goal was to transform the neglected ship into a museum, but things didn’t quite go to plan. “We absolutely loved our time with that ship,” Willson tells CNN Travel. It subsequently remained at Alameda for several years, before being purchased by a businessman, who went on to list the ship on Craigslist.

Persons: Chris Willson, Jin Li, Willson, Li, Christopher Willson, ” Willson, I’m, ”, Wappen von Hamburg, “, Aurora ’, Helen’s Marina, ” Herman, “ I’d, Christopher Willson “, Aurora, he’d, Kristina Werner, Connie Cochran, ” Cochran, Cochran, he’s, Christopher Wilson Willson, I’ve, “ There’s, Mary, that’s, haven’t, “ I’ve, hasn’t, It’s, Chris, … Wappen von, … Wappen von Hamburg doesn’t Organizations: CNN, Craigslist, CNN Travel, Blohm, California Delta, Herman, Aurora, Unified Command, US Coast Guard, California Department of Fish, Wildlife, Coast Guard, San, San Joaquin County Sheriff’s, Delta, Global, Wildlife’s, Spill Prevention, City, ” CNN, Love, YouTube, … Wappen von Hamburg Locations: Utah, Germany, Voss, California, Rio Vista, San Francisco’s, Little Potato, Stockton, California’s Central Valley, Chaleur, San Joaquin County, City, Russia, Vancouver, Alameda , California, Alameda, Craigslist, United States, Philadelphia’s Delaware, Long, Aurora

☆ Fed's messaging will be more important than the size of its rate cut, StanChart says
▼ + stars: | 2024-09-18 | 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 EmailFed's messaging will be more important than the size of its rate cut, StanChart saysManpreet Gill, Chief Investment Officer at Standard Chartered Wealth Management, says there could be "a bit of backpedaling in terms of what's priced."

Persons: StanChart, Manpreet Gill Organizations: Chartered Wealth Management

☆ RBI Governor: 7.5% GDP growth for India is sustainable
▼ + stars: | 2024-09-16 | 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 EmailRBI Governor: 7.5% GDP growth for India is sustainableThe Governor of the Reserve Bank of India, Shaktikanta Das, joins CNBC's Tanvir Gill in an exclusive interview to discuss India's long-term growth trajectory.

Persons: Shaktikanta Das, Tanvir Gill Organizations: Reserve Bank of India Locations: India

☆ India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
▼ + stars: | 2024-09-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Punit Paranjpe | Afp | Getty ImagesIndia can achieve sustainable economic growth of up to 8% over the medium term, according to the country's central bank governor. The figures have ratcheted up pressure on the central bank to launch its own rate-cutting cycle sooner rather than later. Shaktikanta Das, governor of the Reserve Bank of India (RBI), speaks during the Global Fintech Fest 2024 in Mumbai, India, on August 28, 2024. Nurphoto | Nurphoto | Getty ImagesIt comes as major central banks have started to ease monetary policy in recent months, including the European Central Bank, the Bank of England and the Swiss National Bank. Women (silhouetted) walk past Reserve Bank of India (RBI) logo displayed at Global Fintech Fest exhibition in Mumbai.

Persons: Punit Paranjpe, CNBC's Tanvir Gill, Shaktikanta Das, Das, Goldman Sachs Organizations: Afp, Getty, Reserve Bank of India, International Monetary Fund, Nurphoto, European Central Bank, Bank of England, Swiss National Bank, The U.S . Federal Reserve, ECB, Bank of India, Global Locations: Mumbai, India, Japan, Germany, U.S, China

☆ RBI Governor: interest rate decision will be based on the future trajectory of inflation and growth
▼ + stars: | 2024-09-16 | 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 EmailRBI Governor: interest rate decision will be based on the future trajectory of inflation and growthShaktikanta Das, governor of the Reserve Bank of India, joins CNBC's Tanvir Gill in an exclusive interview, discussing India's inflation outlook, as well as the RBI's interest rate considerations.

Persons: Das, Tanvir Gill Organizations: Reserve Bank of India

☆ Swallowed eels escape via predator fish’s gills
▼ + stars: | 2024-09-13 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +6 min

Dark sleeper fish (Odontobutis obscura) can gulp down young Japanese eels (Anguilla japonica) whole, but the swallowed eels can wriggle back up through the digestive tract and out of the stomach, swimming to freedom through the bigger fish’s gills, scientists recently discovered. “Witnessing the eels’ desperate escape from the predator’s stomach to the gills was truly astonishing for us.”A Japanese eel exhibits circling behavior along a predator's stomach wall in this X-ray video footage. But while they observed swallowed eels wriggling tailfirst from dark sleepers’ gills, “we had no understanding of their escape routes and behavioral patterns during the escape because it occurred inside the predator’s body,” Hasegawa said via email. Once a predator swallowed an eel, the sated fish was quickly moved to a special tank where the X-ray video camera was ready to roll. On average, it took about 3 ½ minutes for a swallowed eel to reappear and swim away.

Persons: ”, Yuha Hasegawa, Yuuki Kawabata, ichthyologist Kory Evans, “, ” Evans, ’ Hasegawa, Kazuki Yokouchi, Nagasaki University —, ” Hasegawa, Prosanta, Mindy Weisberger Organizations: CNN, Graduate School of Fisheries, Environmental Sciences, Japan’s Nagasaki University, “, biosciences, Rice University, Japan Fisheries Research, Education Agency, Nagasaki University, Louisiana State University, LSU Museum of Natural Science, Scientific Locations: Anguilla, Houston

☆ GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
▼ + stars: | 2024-09-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

GameStop stock plunged on Wednesday after revealing a 31% revenue decline in its second-quarter earnings. The video game retailer's revenue drop comes amid the industry's shift to digital game downloads. AdvertisementGameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock plunge as much as 18%. GameStop's earnings revealed a sharp 31% revenue decline to $798 million as the video game industry accelerates its transition from physical game sales to digital game downloads. AdvertisementAside from the sharp revenue decline, GameStop reported a slight profit surprise with adjusted earnings per share of $0.01 higher than the -$0.09 estimate from Wall Street.

Persons: —, Keith Gill, Ryan, Ryan Cohen's GameStop Organizations: GameStop, Service, Nintendo, Sega, Wall, Federal, SEC

☆ European travelers will have to pay to enter the UK in 2025
▼ + stars: | 2024-09-10 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +1 min

CNN —European travelers visiting the UK without a visa will soon be required to pay a £10 (around $13) waiver fee. This will be extended to include most other nationals, including those from the US but excluding Europeans, in November. By next spring, the program will be expanded again to incorporate European nationals. Jordanian nationals can no longer apply for an ETA to enter the UK, according to the UK government website. Meanwhile, the roll out of the European Union’s ETIAS, valid for three years, which will cost travelers 7 euros (about $7.50,) has been postponed to 2025.

Persons: Yvette Cooper, ” Cooper Organizations: CNN, Qatar, European Union, UK, United Locations: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, United States

☆ As disinformation spreads during UK riots, regulators are currently powerless to take action
▼ + stars: | 2024-08-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

But even as online disinformation related to stabbings in the U.K. has led to real-world violence, Ofcom, Britain's online safety regulator finds itself unable to take effective enforcement actions. Shortly after the attack, social media users were quick to falsely identify the perpetrator as an asylum seeker who arrived in the U.K. by boat in 2023. U.K. officials subsequently issued warnings to social media firms urging them to get tough on false information online. Peter Kyle, the U.K.'s technology minister, held conversations with social media firms such as TikTok, Facebook parent company Meta , Google and X over their handling of misinformation being spread during the riots. watch nowUnder the Online Safety Act, the sending of false information intended to cause non-trivial harm is considered a punishable criminal offense.

Persons: Christopher Furlong, knifeman, Taylor Swift, Axel Rudakubana, Peter Kyle, Gill Whitehead, Whitehead Organizations: Riot, Ofcom, Police, Facebook, Meta, Google, CNBC Locations: Rotherham, U.K, Southport, Merseyside

☆ ‘Cruisezilla’ passenger ships have doubled in size since 2000, environmental group warns
▼ + stars: | 2024-08-08 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +3 min

CNN —Cruise ships have doubled in size over the past two decades, a precedent that could lead to even bigger vessels plying our oceans in the future and bringing potential problems, a new report has warned. The largest passenger vessels today are twice as large as they were in 2000, says a study conducted by European clean energy lobby group Transport and Environment (T&E), which warns of the environmental impact of the “rapidly” growing global cruise industry. On its launch in 1999, Royal Caribbean’s Voyager of the Seas, which has a gross tonnage (GT) of 137,276, was the biggest cruise ship in the world. Global emissionsIt notes that CO2 emissions from cruise ships in Europe were almost 20% higher in 2022 than in 2019. Cruise ships and other maritime vessels are thought to be responsible for nearly 3% of global greenhouse gas emissions each year, according to the International Maritime Organization.

Persons: CNN —, cruisezillas, Inesa, Bruce Weaver, “, ” CLIA Organizations: CNN, CNN — Cruise, Getty, Cruise Lines International Association, EU, Royal, Cruise, International Maritime Organization, Royal Caribbean Group Locations: AFP, Europe

☆ What happened when this US couple moved to Greece in their 70s
▼ + stars: | 2024-07-31 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

But Patricia Mahan and Dan Matarazzo, from the US, have opted to do it twice in the past two decades. The retired pair, who’ve been married for 37 years, left the States for Mexico in 2006, before swapping Mexico for Greece last year. “When we first moved to our little stone house, all our neighbors brought over gifts of food and produce,” says Mahan. The couple say they’ve tried to put them own stamp on it while “honoring its traditional style,” adding skylights and repainting the walls. ‘Older culture’The couple often go on hikes together and spend afternoon at the beach either swimming or reading.

Persons: Patricia Mahan, Dan Matarazzo, who’ve, “, ”, Mahan, Patricia, Dan, Matarazzo, I’ve, San Miguel de Allende, I’ll, they’d, ” Patricia, Dan “, “ Kritsa, Sofia, ‘, ’, they’ve, ” Mahan, Dan One, it’s, you’re, United States … ”, hasn’t, “ You’ve Organizations: CNN, “ Locations: States, Mexico, Greece, Tucson , Arizona, Kritsa, Crete, New Jersey, San Miguel, “, Santa Fe , New Mexico, Agios Nikolaos, ”, Scandinavia, France, America, United States

☆ Tackle these 14 factors to lower dementia risk, report suggests
▼ + stars: | 2024-07-31 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

But addressing 14 risk factors over the course of one’s life — starting in childhood — could prevent or delay nearly half of cases, according to a large report by 27 dementia experts. “The progress in preventing and treating dementia is accelerating.”The initial 12 risk factors were linked with 40% of cases, but the new report suggests addressing the 14 risk factors could help eliminate or delay 45% of dementia cases, said Livingston, a professor of psychiatry of older people at University College London. This “critical” update calls attention to two risk factors that preventive neurologist Dr. Richard Issacson says his clinical practice has been evaluating for over a decade. Influencing brain functionThe report doesn’t establish with certainly that these risk factors directly cause dementia, experts said. But other research has provided theories on the link between these vulnerabilities and dementia risk.

Persons: CNN —, ”, Dr, Gill Livingston, Livingston, Richard Issacson, Isaacson, wasn’t, It’s, Klaus Ebmeier, Ebmeier wasn’t, ” Livingston, Glen R, Finney, Alzheimer’s, Susan Kohlhaas, Kohlhaas, …, ” Finney Organizations: CNN, Lancet, University College London, University of Oxford, American Academy of Neurology, Alzheimer’s Research Locations: midlife, Florida, Wilkes Barre , Pennsylvania, €

☆ The noon-to-4 is the new 9-to-5 for driving commuters, but it's not helping traffic congestion
▼ + stars: | 2024-07-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Read previewAfter roads went eerily quiet during the early months of the pandemic, traffic is back with a vengeance. New remote and hybrid work schedules and a rise in car ownership in recent years have transformed traffic and congestion patterns. New York City had the worst congestion of any city in the world in 2023, the INRIX report found. AdvertisementNew York City had the worst congestion of any city in the world in 2023, the INRIX report found. While the population of New York City residents rose 1.4% between 2012 and 2021, the number of registered passenger vehicles rose by 12%.

Persons: —, INRIX, Bob Pishue, COVID, Pishue, Declan Gill Organizations: Service, Business, New, People Locations: Dallas, New York, Manhattan, New York City, York City, Yorkers

☆ She couldn’t stop thinking about the guy she met at the Athens Olympics. Then a message from him changed her life
▼ + stars: | 2024-07-26 | by ( Francesca Street | ) edition.cnn.com time to read: +26 min

So I thought, ‘Let me see if I can go to the Athens Olympics. An unexpected opportunityOmaira got to watch the final dress rehearsal of the opening ceremony of the Athens 2004 Olympic Games on August 13, 2004. And then Omaira was off to work at the shooting center, where the Games’ shooting events were held. But while Omaira was cultivating a pretty heady crush, Dimitris didn’t really have time to engage with his potential feelings. Omaira GillThis year marks 20 years since Omaira and Dimitris crossed paths at the Athens Olympics.

Persons: CNN — Omaira Gill, ” Omaira, ‘ I’m, ’, –, Omaira, ’ ”, … ’, “, ”, Omaira didn’t, “ I’d, David Gray MD, she’d, ’ Omaira Gill, Dimitris Athanasiou, Dimitris, ‘, they’re, ” Dimitris, ” Dimitris ’, hadn’t, Dimitris who’d, he’d, Dimtiris, Dimitris didn’t, Dimitris quizzed, “ Will, She’d, I’m, … ’ ”, couldn’t, didn’t, “ You’ve, Dimitris ’, that’s, we’d, Omaira Gill, Paulo Coelho, “ Omaira, ” Here's Dimitris, Omaira Gill Omaira, Hermes, Dimitiris, Hector, Orion, they’ll, “ Hermes, We’re, Dimitris – Organizations: CNN, Olympic, CNN Travel, Athens, “, ‘ Volunteers, Uni, Reuters, Olympics, Olympic Games, Paralympic, MSN, Omaira, ”, Athens Olympics, Stade de France, Disneyland Locations: Athens, Greece, Birmingham, United Kingdom, London, inbox, Omaira, Pakistan, India, Paris, Disneyland Paris, Europe

☆ They built a home in Thailand after their US property was flooded in a hurricane
▼ + stars: | 2024-07-22 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

CNN —With his retirement fast approaching, Jim Dolan, from the US, felt as though his future was more or less mapped out. “I was not ready to leave the United States at that point,” Jim Dolan explains. “I feel safer here in Thailand than I think in any of the cities that I lived in the United States. “I think she had a bigger challenge moving to the United States than I had coming here,” he says. “But overall, I think we’re much better off here than we would have been in the United States had we stayed there.”

Persons: Jim Dolan, Som Dolan, Hurricane Harvey, ” Jim Dolan, Som, Jim, hadn’t, Jim Dolan –, Worcester , Massachusetts – hadn’t, “, ”, they’d, Sam Roi Yot, Prachuap Khiri Khan, pugs Morgan, Gwennie, he’s, it’s, … ”, haven’t, – Morgan, I’ll, They’ve Organizations: CNN, NASA, CNN Travel, Houston, “, United Locations: Thailand, Houston, Hurricane, Texas, Worcester , Massachusetts, Bangkok, United States, Thai, Washington , DC, Prachuap, Gulf, Sam, Roi, Denver, Austin, Spanish, East Coast

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

☆ This man built a plane for his family in his garden
▼ + stars: | 2024-07-16 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +11 min

Amateur buildEngineer Ashok Aliseril spent 18 months building a four-seater plane during the pandemic, helped by his daughter. Aliseril briefly considered buying an older aircraft, and looked at some that had been built in the 1960s and 1970s. After researching self-assembly aircraft kits, he came across a four-seater plane manufactured by South African company Sling Aircraft that ticked all the right boxes. “I would say generally, anyone can get involved in these sorts of builds.”Lockdown projectHe built a shed in his garden to complete the build. Although he’d initially planned to hire a workshop to construct the aircraft, Aliseril feels that creating a workspace at his home was the better choice.

Persons: Ashok Aliseril Thamarakshan, Abhilasha, Aliseril, ” Aliseril, Ashok Aliseril, Ashok, ”, “, you’ve, Tara, he’d, it’s, ‘, Diya, who’ve, he’s, – Organizations: CNN, CNN Travel, Amateur, South, Sling Aircraft, Sling, Light Aircraft Association, UK Civil Aviation Authority, Federal Aviation Administration, FAA, CAA Locations: Essex, England, Isle of Wight, mull, Johannesburg, Abhilasha, Cambridge, Skegness, Turweston, Buckinghamshire, Bergerac, France, Norway

☆ Tesla is acting like a meme stock right now, says billionaire 'Bond King' Bill Gross
▼ + stars: | 2024-07-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Tesla is acting like a meme stock right now, according to legendary bond investor Bill Gross. AdvertisementTesla is acting like a meme stock right now, according to legendary bond manager Bill Gross. In a post to X on Tuesday, Gross said of the electric vehicle company:Tesla acting like a meme stock — sagging fundamentals, straight up price action. But then there seems to be a new meme stock every other day now. — Bill Gross (@real_bill_gross) July 9, 2024The comments from Gross come amid an ongoing surge in Tesla stock.

Persons: Tesla, Bill Gross, Gross, —, Zapp, — Bill Gross, Keith Gill Organizations: Service, GameStop, Chewy

☆ Why you’re seeing lots of teens at work this summer — but still so many empty lifeguard chairs
▼ + stars: | 2024-07-06 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

New York CNN —Your kid’s summer camp is likely fully staffed. The shift is a refreshing change after the pandemic drove many teens away from working during their summer breaks. “Now I’m seeing parents pushing their kids to work again,” said Pritikin, who employs around 350 staff members each summer. Ten years ago, high school-aged camp staff made around $1,000 for an entire summer. Lifeguards prepare for the opening of the Astoria Pool in the New York City borough of Queens on June 27, 2024.

Persons: They’re, ”, Paul Harrington, That’s, it’s, Eric Brotherson, “, Brotherson, he’s, Andy Pritikin, Pritikin, weren't, Frank Burkhauser, Harrington, ” Andrew Challenger, Joshua A . Bickel, Eric Adams, Spencer Platt, Gregg McQueen, We’ll, ” McQueen, Adams, Tom Gill, ” Gill Organizations: New, New York CNN, Rhode Island College, Glenwood, Colorado Rockies, Liberty, Challenger, YMCA Camp Kern, American Lifeguard Association . New, New York City, CNN, United States Lifesaving Association, “ Lifeguard Locations: New York, Glenwood, Glenwood Springs , Colorado, rollercoasters, Liberty Lake, Bordentown, Mansfield Township , New Jersey, Oregonia , Ohio, American Lifeguard Association . New York City, New York City, Queens

Search resuls for: "GILL"

25 mentions found