DIRS.INFO The most relevant business & tech news

Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore July 15, 2019. Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. SEVERE CONGESTIONSingapore, the world's second-largest container port, has seen particularly severe congestion in recent weeks. "The peak season, which traditionally starts in June, was advanced by a full month, causing ocean freight rates to soar." Container freight prices from Asia to the U.S. and Europe have tripled since early 2024.

Persons: Edgar Su, Linerlytica, Yemen's, Jayendu Krishna, Drewry, PortCast, Niki Frank, Dimerco, Jonathan Gold, Judah Levine, Jared Bernstein, Gene Seroka, Peter Sand, Jeslyn Lerh, Lisa Baertlein, Lisa Barrington, Miyoung Kim, Kim Coghill Organizations: REUTERS, Retailers, Ships, Drewry Maritime Advisors, Singapore, Singapore's, Port Authority, Drewry, Keppel, Tuas, Maersk, DHL Global, Asia, Descartes, National Retail Federation, Container, U.S ., of Economic Advisers, U.S, DHL, Thomson Locations: Pasir Panjang, Singapore, SEOUL, SINGAPORE, Asia, Africa, Malaysia's Port Klang, Tanjung Pelepas, Shanghai, Qingdao, China, South Korea, U.S, Europe, U.S . East Coast, U.S . West, of Los Angeles, Los Angeles, Seoul

☆ 8 of the most unconventional candidates who stumbled into politics
▼ + stars: | 2024-06-25 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Read previewFor generations, individuals who entered politics in the US generally followed similar career trajectories. This story is available exclusively to Business Insider subscribers. But the former president certainly isn't the first person to have used this argument when running for office. AdvertisementHere's a look at several figures from nontraditional backgrounds who jumped into politics:

Persons: —, Donald Trump, Hillary Clinton Organizations: Service, Business, Capitol Locations: Washington

☆ Power outage hits Balkan states as heat overloads system, minister says
▼ + stars: | 2024-06-22 | by ( Story Reuters | ) edition.cnn.com time to read: +3 min

Montenegro’s energy minister said the shutdown was caused by a sudden increase in power consumption brought on by high temperatures, and by the heat itself overloading systems. “This was just waiting to happen in this heat,” Gentiana, a 24-year-old student in Montenegro’s capital Podgorica, told Reuters. Suppliers in the four countries said they started restoring supply by mid-afternoon and power was largely back by the evening. Power in Albania was restored within half an hour, but the country remained at a high risk of further shutdowns as power usage and heat levels were still high, he said. Western Balkan nations have seen a boom in solar energy investment, meant to ease a power crisis that had threatened a shift away from coal.

Persons: ”, Sasa Mujovic, Belinda Balluku, Balluku Organizations: CNN, Reuters, Suppliers, Air, HRT, Albanian Energy, North Macedonia’s Energy Regulatory Commission Locations: Montenegro, Bosnia, Albania, Croatia’s, Balkans, Montenegro’s, Podgorica, European, Bosnia’s, Sarajevo, Banja Luka, Mostar, Croatian, Split, Greece, Croatia

☆ Macron’s Call for Elections in France Adds to Fears of Financial Woes
▼ + stars: | 2024-06-11 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Investors made clear on Tuesday the depth of their concerns over President Emmanuel Macron’s gamble to call for new elections in France, driving up the nation’s borrowing costs, pushing down stock prices and prompting the Moody’s ratings agency to warn it may downgrade French sovereign debt as risks of political instability rise. Mr. Macron’s dissolution of the lower house of Parliament on Sunday after his party was battered by Marine Le Pen’s far-right party in European Parliament elections has ignited concerns that the government could grind to a stalemate. The turmoil has focused attention on France’s fragile finances, and the prospect of legislative gridlock that could undermine the government’s ability to address it. “This decision will not ease the economic challenges facing the country,” Philippe Ledent, senior economist at ING Bank, wrote in a note to clients. Public finances and the performance of the French economy will be “at the heart of the electoral campaign,” he added.

Persons: Emmanuel Macron’s, Le, ” Philippe Ledent, ”, Macron Organizations: ING Bank, Public, Paris Bourse Locations: France, Paris

☆ Biden Addresses Gun-Control Group Hours After Son’s Firearms Conviction
▼ + stars: | 2024-06-11 | by ( Nicholas Nehamas | More About Nicholas Nehamas | ) www.nytimes.com time to read: +1 min

Mr. Biden was speaking just hours after his son Hunter Biden was convicted in Delaware of three felony counts of lying on a federal firearms application in 2018. Previously, the president had vowed not to pardon Hunter Biden if he were to be found guilty. He did not address his son’s conviction during his remarks on Tuesday. Mr. Biden has made gun reform a central part of his administration. The passage of the bill ended nearly three decades of gridlock over gun reform in Washington, although it fell short of many of the sweeping measures sought by Democrats.

Persons: Biden, Hunter Biden, Hunter, ”, Mr, “, ” Eileen Sullivan Organizations: White, Republicans Locations: Delaware, Uvalde , Texas, Washington, Wilmington, Del

☆ With congestion pricing stop, New York City enters new era of economic gridlock
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +9 min

Alexander Spatari | Moment | Getty ImagesAs U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion pricing plan make sense to many. Her group also has supported a congestion pricing plan for two decades. The long, and often losing, history of congestion pricing The battle over congestion pricing in New York City has a much longer history than you may think. In 2007, then-New York City Mayor Michael Bloomberg made the case for congestion pricing, but couldn't get enough support in the state's capital.

Persons: Alexander Spatari, United States —, Kathy Hochul, Hochul, JPMorgan Chase, Jamie Dimon, —, Kathryn S, Wylde, Josh Gottheimer, William Vickrey, Michael Bloomberg, Andrew Cuomo, Cuomo, that's, Gottheimer Organizations: Metropolitan Transportation Authority, MTA, New, Business District, Gallup, JPMorgan, New York's Department of Transportation, Partnership, Community Service Society, MTA Traffic, Regional Plan Association, Jersey Transit, New York City, New York Times, New York, Buffalo . Rep, Buffalo Bills Locations: New York City, United States, Covid, Manhattan, New York, New Jersey, New Jersey's Sussex County, Jersey, Connecticut, Long Island, Southeastern New York, New, Buffalo

☆ A New Centrism Is Rising in Washington
▼ + stars: | 2024-05-19 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

The Republican Party has moved to the right by many measures, and the Democratic Party has moved to the left. One consequence of this polarization, politicians and pundits often say, is gridlock in Washington. These years have been arguably the most productive period of Washington bipartisanship in decades. After the bill’s passage, far-right House Republicans tried to oust Speaker Mike Johnson because he did not block it — and House Democrats voted to save Johnson’s job. Last week, the House advanced another bipartisan bill, on disaster relief, using a rare procedural technique to get around party-line votes.

Persons: Washington bipartisanship, Biden, Mike Johnson Organizations: Republican Party, Democratic Party, Republicans, Postal Service, Trump, House Democrats Locations: Washington, Ukraine

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

☆ Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants
▼ + stars: | 2024-04-25 | by ( Madeleine Ngo | Zolan Kanno-Youngs | ) www.nytimes.com time to read: +1 min

Micron will use the grants to help construct two leading-edge chip manufacturing plants in New York and another facility in Idaho, Biden administration officials said before the president’s trip to Syracuse, N.Y., for the announcement. The federal government will also provide up to $7.5 billion in loans to Micron. The legislation gave the Commerce Department $39 billion to distribute as grants to incentivize chipmakers to construct and expand manufacturing plants across the United States. On Wednesday, he secured the endorsement of the North America’s Building Trades Unions, largely because of his bipartisan infrastructure package. He also is fresh off signing a $95.3 billion package of aid for Ukraine, Israel and Taiwan after months of congressional gridlock, reaffirming a central focus of his foreign policy agenda.

Persons: Biden, incentivize, Chuck Schumer Organizations: Micron Technology, Micron, Commerce Department, Unions Locations: New York, Idaho, Syracuse, N.Y, United States, Ukraine, Israel, Taiwan

☆ ‘A Good Day for World Peace’: Biden Signs Aid Bill for Ukraine and Israel
▼ + stars: | 2024-04-24 | by ( Zolan Kanno-Youngs | ) www.nytimes.com time to read: +1 min

President Biden signed a $95.3 billion package of aid to Ukraine, Israel and Taiwan on Wednesday, reaffirming U.S. support for Kyiv in the fight against Russia’s military assault after months of congressional gridlock put the centerpiece of the White House’s foreign policy in jeopardy. “It’s a good day for world peace,” Mr. Biden said from the State Dining Room of the White House. “It’s going to make America safer, it’s going to make the world safer, and it continues America’s leadership in the world and everyone knows it.”The Senate voted overwhelmingly to approve the package on Tuesday night, a sign of bipartisan support after increasingly divisive politics raised questions on Capitol Hill and among U.S. allies over whether the United States would continue to back Kyiv. The 79-to-18 vote provided Mr. Biden another legislative accomplishment to point to, even in the face of an obstructionist House. Within minutes of the vote, Mr. Biden said he would sign the bill into law “so we can begin sending weapons and equipment to Ukraine this week.”

Persons: Biden, gridlock, “, ” Mr, “ It’s, ” Organizations: Kyiv, White, Capitol Locations: Ukraine, Israel, Taiwan, America, U.S, United States, Kyiv

☆ House Speaker Johnson drowned out by booing crowds at Columbia University speech on Gaza protests
▼ + stars: | 2024-04-24 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

House Speaker Mike Johnson, R-La., struggled to get a word in edgewise Wednesday, battling a chorus of booing crowds during a speech at Columbia University where he condemned the ongoing student protests against Israel's bombardment of Gaza. "Enjoy your free speech," Johnson said tersely, pausing his prepared remarks to wait for the jeering to die down. Columbia Students for Justice in Palestine, a group that helped organize the protests, has said that any hate speech is not coming from its protesters but rather "inflammatory individuals who do not represent us." During Johnson's speech Wednesday, he called on Shafik to resign if she could not get a handle on the protests. After more than a week of bipartisan cooperation with Democrats to pass the aid bill, Johnson's Columbia speech appeared to be an attempt to bolster his conservative bona fides for his hardline GOP colleagues.

Persons: Mike Johnson, Johnson, tersely, Nemat, Shafik, Joe Biden, Biden, Marjorie Taylor Greene, fides, Virginia Foxx, Mike Lawler Organizations: U.S . House, Columbia University, Hamas, Israel's, Columbia, New York Police Department, Columbia Students, Justice, National Guard, Biden, GOP, Rep, Education, Workforce Locations: Israel, Palestinian, New York City, U.S, edgewise, Gaza, Columbia's, Palestine, Ukraine, Taiwan, Columbia

☆ New US military aid package to Ukraine expected to be worth around $1 billion
▼ + stars: | 2024-04-23 | by ( Natasha Bertrand | Alex Marquardt | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration is preparing a new aid package for Ukraine that is expected to be worth around $1 billion, multiple sources familiar with the matter told CNN, and is set to be approved by President Joe Biden after the Senate passes a new foreign aid funding bill as soon as Tuesday afternoon. In briefings to Congress in recent weeks, administration officials have indicated that the US will likely send Ukraine long-range ATACMS, or Army Tactical Missile Systems, for the first time as part of the new aid package, three of the sources said. Ukrainian officials have been asking the US both in private and in public for the long-range missile to target deeper behind Russian lines. Broadly, Russia has maintained a “significant quantitative advantage” over Ukraine in terms of munitions, manpower and equipment, a NATO official said earlier this month. The military aid will be sourced from the US’ own stockpiles through a funding mechanism known as presidential drawdown authority, or PDA, and will be the first PDA package for Ukraine since March.

Persons: CNN —, Biden, Joe Biden, Bill Burns, Chris Cavoli, Sen, Mark Warner, we’ve, ” Warner, Bradley, ” Celeste Wallander Organizations: CNN, Senate, Army Tactical Missile Systems, US, CIA, NATO, Senate Intelligence, CBS, Pentagon, White, Command Locations: Ukraine, Moscow, Europe, Russia

☆ McCaul commends Speaker Johnson’s transformation following foreign aid vote
▼ + stars: | 2024-04-21 | by ( Avery Lotz | Michelle Shen | ) edition.cnn.com time to read: +3 min

CNN —House Foreign Affairs Committee Chairman Michael McCaul applauded House Speaker Mike Johnson Sunday for bringing foreign aid legislation to his chamber’s floor, characterizing the move as “a profile in courage.”“I am so proud of the speaker, Mike Johnson,” the Texas Republican, who has been a staunch supporter of passing additional foreign aid, said on ABC’s “This Week.” “He went through a transformation. At the end of the day, a profile in courage is putting the nation above yourself, and that’s what he did. Asked if he believes Johnson’s job is in jeopardy following the successful vote, McCaul argued “stock in Mike Johnson has gone way up” and that the speaker has “garnered a lot of respect” from both sides of the aisle. But Trump has not commented publicly about the package the House passed on Saturday and has previously expressed support for Johnson’s speakership. “What (Trump) wants is for a lifeline to be given to Ukraine,” McCaul contended, “so that when he gets into office … he can then negotiate and save it.”

Persons: Michael McCaul, Mike Johnson, ”, ‘, ’, Johnson, Marjorie Taylor Greene, —, ” McCaul, “, McCaul, Donald Trump, Trump Organizations: CNN — House Foreign, Texas Republican, Senate, Republicans, firebrand Rep, House, Louisiana Republican, CNN, House Republicans, Russia, NATO, Johnson’s Locations: Israel, Ukraine, Marjorie Taylor Greene of Georgia, Louisiana, United States

☆ How the Israel-Gaza Protests Could Hurt the Democratic Party
▼ + stars: | 2024-04-21 | by ( Jeremy W. Peters | ) www.nytimes.com time to read: 1 min

Protests over the Israel-Hamas war could also complicate this year’s convention and the Democratic messaging for President Biden, whom Republicans have eagerly cast as too indulgent of chaos and disorder in American society. Last week, Fox News and other conservative outlets repeatedly showed demonstrations that made the country seem on the edge: Columbia University sending in the police to arrest students on campus; protesters shouting “genocide!” at President Biden at a campaign stop; demonstrators chaining themselves to cars to block traffic, creating gridlock. “The whole Republican message is, ‘The world is out of control and Biden is not in command,’” said David Axelrod, the Democratic strategist and adviser to former President Barack Obama. “They will exploit any images of disorder to abet and support it.”

Persons: Biden, ’ ”, David Axelrod, Barack Obama, “, ” Organizations: Democratic, Republicans, Fox News, Columbia University Locations: Israel

☆ The week that life in Dubai ground to a halt
▼ + stars: | 2024-04-20 | by ( Abbas Allawati | Abbas Al Lawati | ) edition.cnn.com time to read: +9 min

The United Arab Emirates, of which Dubai is part, saw the heaviest rainfall in at least 75 years, with more than a year’s worth of precipitation in 24 hours. Abandoned vehicles on a flooded highway after a rainstorm in Dubai, United Arab Emirates on Wednesday. People stand as flood water caused by heavy rains covers the stairs of a residential building, in Dubai, United Arab Emirates on Wednesday. A man walks in flood water caused by heavy rains, with the Burj Khalifa tower visible in the background, in Dubai, United Arab Emirates, April 17, 2024. Residents move their belongings on a kayak at a flooded residential complex following heavy rainfall, in Dubai, United Arab Emirates on Thursday.

Persons: hadn’t, Christopher Pike, ”, Sofie, Sheikh, Avinash Babur, Amr Alfiky, Babur, Amr Alfiky Amr Alfiky, Ali Salem, “, wasn’t Organizations: UAE CNN, United, United Arab Emirates, Bloomberg, Getty, Dubai Marina, CNN, “, Dubai “, REUTERS, Reuters, . Schools Locations: Dubai, UAE, United Arab Emirates, Ras Al, Khaimah, Persian, United Arab, Western, lockdowns, freezers, United States, China, Burj Khalifa, Jumeirah

☆ It pays to leave Congress: Democrat who resigned mid-term is getting a $131,000 pay bump to run a performing arts center
▼ + stars: | 2024-04-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Read previewAt the beginning of February, Rep. Brian Higgins officially resigned from Congress to take a job as the president of a local performing arts center. It was a curious move for the New York Democrat, who had served in the House for 19 years. This story is available exclusively to Business Insider subscribers. Just weeks later, Higgins was named president and CEO of Shea's Performing Arts Center, which includes a historic theatre first built in 1926. And it makes it more difficult for potential candidates who aren't independently wealthy to run for Congress in the first place.

Persons: —, Brian Higgins, Higgins, Kevin McCarthy's, That's, Daniel Schuman, Alexandria Ocasio, Cortez Organizations: Service, New York Democrat, Democrats, Business, Shea's Performing Arts Center, POPVOX Foundation, Democratic, Cortez of New York Locations: Washington, Shea's, Buffalo, Alexandria, Cortez of New

☆ Retired Justice Stephen Breyer's advice to a divided nation: Let everyone speak, disagree respectfully, and then go play cards
▼ + stars: | 2024-04-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Retired Supreme Court Associate Justice Stephen Breyer is worried about a divided America. It concerns many, including retired Supreme Court Associate Justice Stephen Breyer. Attentive listening to the opposing view often "increased the chances of agreement or compromise," Breyer wrote. Though he was one of the broadly liberal justices, Breyer described playing games of bridge with right-leaning Chief Justice William Rehnquist, Justice Anthony Kennedy, Justice Sandra Day O'Connor, and their spouses. "What works for nine people with lifetime appointments won't work for the entire nation, but listening to one another in search of a consensus might help," Breyer wrote.

Persons: Stephen Breyer, Breyer, —, William Rehnquist, Anthony Kennedy, Sandra Day O'Connor, Gen Organizations: New York Times, Service, The New York Times Locations: America, Gaza, Ukraine

☆ ‘Plan Ahead’: Baltimore Traffic Reporter on Congestion After Bridge Collapse
▼ + stars: | 2024-04-01 | by ( Adeel Hassan | ) www.nytimes.com time to read: 1 min

When the Francis Scott Key Bridge was built in the 1970s, it was intended to relieve congestion from the Baltimore Harbor Tunnel. Forty-seven years later, some of that traffic will be diverted back to the tunnel after the bridge collapsed last week upon being struck by a giant cargo ship, killing six construction workers. With the rebuilding process expected to take several years, that most likely means years of gridlock for commuters, travelers and truck drivers. The 1.6-mile bridge was the final link on Interstate 695, which loops around the city and is known as the Baltimore Beltway. The crossing’s overall structure, including its connecting approaches, was almost 11 miles long.

Persons: Francis Scott Key Organizations: Baltimore Locations: Baltimore

☆ About half of all senior congressional staffers are mulling an exit: The 'physical and psychological toll of this place cannot be understated.'
▼ + stars: | 2024-03-30 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

The Congressional Management Foundation said many senior aides are also eyeing the exit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the gridlock and partisanship that has become commonplace among lawmakers has also taken a toll on senior congressional staffers. Nearly half of upper-level aides are now eyeing the exits, according to an investigation conducted by the nonprofit Congressional Management Foundation, which seeks to strengthen trust in Congress. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Congressional Management Foundation, Service, Capitol, Business

☆ This House and Congress in general have been really unproductive, says PIMCO's Libby Cantrill
▼ + stars: | 2024-03-25 | 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 EmailThis House and Congress in general have been really unproductive, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head of U.S. public policy, joins 'Squawk Box' to discuss the $1.2 trillion funding bill to avert a government shutdown, prospect for more legislation getting passed before the election, gridlock in Washington, and more.

Persons: PIMCO's Libby Cantrill Libby Cantrill Locations: gridlock, Washington

☆ ACP, a digital lifeline for millions of Americans, is in jeopardy. Here’s why
▼ + stars: | 2024-03-23 | by ( Brian Fung | ) edition.cnn.com time to read: +13 min

Cynthia George is one of millions of Americans in jeopardy of losing their home internet access. Yet Congress is nowhere close to approving the $6 billion that President Joe Biden says would renew the ACP and avert calamity for tens of millions of Americans. Courtesy Michelle McDonoughLike George, McDonough also expects she’ll have to cut back on groceries if the ACP goes away. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service. “You’re taking ACP away from the farmers that can check the local produce prices and be able to reasonably negotiate their prices with retailers.

Persons: Cynthia George, Cynthia George George, Joe Biden, Pedro Ugarte, ”, Gigi Sohn, “, George, ” George, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Mandel Ngan, Gary Johnson, Paul, —, Kamesha Scott, Louis, Scott, Megan Janicki, ” Janicki, Reagan, Biden, ” Blair Levin, Bill Clark, Levin, Jonathan Blaine, ” Blaine, Blaine Organizations: Washington CNN, MSN, Federal Communications Commission, Program, Lawmakers, ACP, FCC, Getty, CNN, ”, White, Comcast, George, Congress, Paul Bunyan Communications, American Library Association, Lifeline, House Republicans, New, Research, Republican, ” Lawmakers Locations: Washington ,, AFP, United States, Maine, Washington , DC, Minnesota, St, “, Lake Havasu City, Ariz, Vermont

☆ Retiring GOP Rep. Ken Buck scorches the House of Representatives on his way out the door: 'This place just keeps going downhill'
▼ + stars: | 2024-03-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Retiring Rep. Ken Buck didn't hold back when discussing the House while on Capitol Hill this week. "This place just keeps going downhill, and I don't need to spend my time here," he said, per WaPo. Buck, a conservative who was first elected to the House in 2014, is stepping down later this month. Related stories"This place just keeps going downhill, and I don't need to spend my time here," he told reporters, according to The Washington Post. "I have a passion for that and I'm going to leave, and I'm going to find the right organization to join, and I'm going to start working on that issue."

Persons: Ken Buck didn't, Buck, —, Biden, Kevin McCarthy's, Ken Buck, Alejandro Mayorkas, Buck wasn't, he's, Mike Johnson of, he'd, Joe Biden, Donald Trump, they're, We've Organizations: Service, Republicans, California Rep, Colorado Rep, Homeland, The Washington, CNN, Trump, House Locations: California, Mike Johnson of Louisiana, Colorado

☆ Markets don't seem to care about the presidential election, but that could change soon
▼ + stars: | 2024-03-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +12 min

The election is not going to change that much either way," Roberts said. The market's moves through the year, though, could be important as they have often foretold outcomes in presidential races. Biden endorses taxing the rich whereas Trump pushed through corporate tax breaks while in office. Biden endorses taxing the rich whereas Trump pushed through corporate tax breaks while in office. The trend makes the market's moves in the months ahead potentially consequential for determining the election victor.

Persons: Joe Biden, Donald Trump, Biden, Doug Roberts, Roberts, there's, Trump, we'll, Joe Salmond, There's, Jerome Powell, Salmond, Jerome Powell's Organizations: Federal Reserve, House, Trump, Democratic, Channel Capital Research, Biden, Fed, Thornburg Investment Management, Global, Chase, White, AFP, Getty Locations: U.S, Washington, East, Russia, Wilmington , Delaware, Washington , DC

☆ Sweeping EU rules for tech giants take effect today. Here’s what’s changing
▼ + stars: | 2024-03-07 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.

Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, ”, Agustin Reyna, “, Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe

☆ Opinion: In Ukraine’s swelling cemeteries, a lost generation of young men
▼ + stars: | 2024-02-29 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com time to read: +7 min

Lviv CNN —Few places ooze the pain Ukrainians have been subjected to over the decades more than Lychakiv Cemetery in the western city of Lviv. These days, Lychakiv has become the burial ground for hundreds of service men and women killed in the most recent wave of Russian aggression. I’ve been coming to Lychakiv since the early weeks of the war to get a better sense of the human cost. “There are such cemeteries as Lychakiv all over Ukraine,” Lviv resident and community activist Lesia Krepyakevych told me. (Under Ukrainian law, men between the ages of 18 to 26 can’t be drafted, though they can volunteer).

Persons: Michael Bociurkiw, Michael Bociurkiw Chrystia, Ivan Franko, Volodymyr Ivasiuk, Lychakiv, I’ve, Pavlo Palamarchuk, Volodymyr Zelensky, Lesia Krepyakevych, it’s, who’ve, can’t, Mike Johnson, Donald Trump, Johnson, Biden, Putin, Emmanuel Macon didn’t, David, Goliath Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Lviv CNN, Getty, West, ”, Senate, Republican, Ukraine – Locations: Europe, Lviv, Ukraine, Anadolu, ” Lviv, Red, Iranian, Russia, Kyiv, Washington, America

Search resuls for: "GRIDLOCK"

25 mentions found